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Emerging Trends in Automation: What it Means to Supply Chains

GlobalTranz

This example generates a huge amount of data that can leverage in the supply chain. While this example may still be a few years off, it is important that you understand how the top emerging trends in automation will shape supply chains and transportation processes in the coming years. Robotics Improve Inbound and Outbound Logistics.

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How Landed Cost Affects Ecommerce Profitability

Ship Monk

COGS is the sum of all direct costs that went into producing or purchasing a product, plus inbound shipping and inventory storage and setup costs. There are landed cost calculators such as UPS’s TradeAbility tool , which can help, but you still have to manually input the correct numbers. Assumed Cost (manufacturing + shipping): $50.

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What is a SKU? 3PL Advice for eCommerce Inventory Management

Ship Monk

An inventory management system and point-of-sales (POS) system are the easiest tools in the business owner tool belt for generating SKUs. There are online tools as well, and you can create SKUs by hand. And the size would definitely have an alphanumeric assignment (small, medium, large, etc.). What are SKUs Used for?

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The Essential Reference Guide for a Supply Chain Leader

GlobalTranz

You can read the detailed technical definition here. Here are few examples which I used: Focus Supplier improvement results (DPPM and/or OTD with min. Describe the DMR process, show examples of written DMRs and what is the process for reviewing the corrective actions? How to Track Performance. 50% improvement) min. About Author.

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Technology’s Ever-increasing Role in Supply Chain Functions

GlobalTranz

Technology poses the greatest opportunity for small- and medium-sized businesses to take advantage of innovative tools to ensure end-to-end tracking, visibility , and processing of products. For example, e-commerce applications may be used to generate automated order picking, fulfillment, and shipping.

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Supply Chain Innovation: Responding to Change While Keeping An Eye On Fundamentals

GlobalTranz

However, new trends in technology, process automation, and better customer-relationship management tools are essential in responding to innovation and change. Based on these definitions, change seems to be the inevitable counterpart of innovation. However, keeping an eye on fundamentals is not quite as easy as it seems.

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Revolutionizing the RFP Process with Data

Logistics Problem Solving

Now the second phase of the long and arduous process begins: loading the new rates into the TMS and publishing the new routing guide for their inbound vendors. It’s the definition of a “lose-lose” situation. In this example, the true cost is actually lower from the “higher priced” carrier. But it’s not over yet.

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