Ship Monk

DECEMBER 5, 2022

Could there be hidden costs you’re not accounting for in your pricing strategy? That’s why understanding landed cost is key to a successful pricing strategy and making better business decisions. There are landed cost calculators such as UPS’s TradeAbility tool , which can help, but you still have to manually input the correct numbers.

Negotiating Skills 52

Negotiating Skills Purchasing Skills Cost Reduction eCommerce 52

Now, That's Logistics

SEPTEMBER 14, 2021

5 Good Supply Chain Visibility Strategies. For many manufacturing and distribution organizations, for example, inventory management may be the pain point most worthy of attention. As you experiment with these visibility strategies, be sure to measure your successes and tweak your approach based on those results.

Supply Chain Software 78

Supply Chain Software Supply Chains Logistics Network Optimization Software Inventory Reduction 78

SYSPRO Smarter ERP

JUNE 21, 2022

There are many causes, for example, container ships from Asia are now too large to traverse the Panama Canal (20 years ago they were not), so they offload on the West Coast of the United States and are compelled to truck all goods to the East Coast. The focus has been on internal efficiencies over external collaboration.

Supply Chain Planning Software 105

Supply Chain Planning Software Supply Chain Software Supply Chains Optimization Software 105

EazyStock

JUNE 18, 2019

If you’re wondering what is the best way to manage inventory with hundreds or even thousands of SKUs, you’ve found your answer: ABC analysis (otherwise known as ABC classification ). In this post, we’re going to discuss how you can classify your inventory into three ABC categories and introduce the concept of XYZ analysis.

Analysis 51

Analysis Inventory Reduction Inventory Procurement Solutions 51

EazyStock

JUNE 18, 2019

If you’re wondering what is the best way to manage inventory with hundreds or even thousands of SKUs, you’ve found your answer: ABC analysis (otherwise known as ABC classification ). In this post, we’re going to discuss how you can classify your inventory into three ABC categories and introduce the concept of XYZ analysis.

Analysis 40

Analysis Inventory Reduction Inventory Procurement Solutions 40

Ship Monk

FEBRUARY 3, 2024

We’d go so far as to say that these loyal fans are your most precious business asset — more valuable, even, than your inventory — and that’s saying something, coming from a 3PL that stores inventory! Email vs. Other Forms of Communication For many years, email has been the gold standard of communication tools for DTC businesses.

eCommerce 81

eCommerce Tips Procurement Solutions Logistics Network Optimization Software 81

Ship Monk

NOVEMBER 15, 2022

And seeing how they impact your shipping timelines and shipping costs, the topic of Shipping Zones definitely needs to be explored. As shipping costs and shipping speed critically affect customer expectations and ecommerce brand performance, it’s vital that knowledge of shipping zones inform your ecommerce fulfillment strategy.

eCommerce 52

eCommerce Cost Reduction Price Reduction Inventory Reduction 52

Ship Monk

OCTOBER 17, 2022

This includes: Matters of inventory management with advanced 3PL software Delivery speed with warehouse locations that bring products closer to customers Fulfillment: Order processing, picking, and packing Optimal shipping costs and options thanks to established relationships with major shipping carriers. Don’t worry; you can change later on.

eCommerce 78

eCommerce 3PL Logistics Network Optimization Software Supply Chain Design Software 78

Blue Grace Logistics

MAY 10, 2019

The supply chain serves as the backbone of these companies and has a significant impact on the company’s business strategy which directly affects its operation and operational costs. For most companies, audits are typically part of the normal routine, either for financial records or for physical inventory.

Supply Chain Planning Software 54

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 54

Ship Monk

JANUARY 30, 2023

We’re happy to have you and can’t wait to share our secrets for a successful ops strategy. Ideas for Improvement Ecommerce businesses can reduce customer frustration by clearly communicating shipping policies, return policies, claims filing, and processes for returns, refunds, and exchanges. And if you haven’t read PART 1, no worries.

eCommerce 52

eCommerce Supply Chain Planning Software Inventory Reduction Supply Chain Software 52

GlobalTranz

JULY 10, 2017

So, let’s take a stroll through the broad and specific definitions of an OMS. This means order processing, call center management, customer service, inventory and warehouse management, marketing and accounting processes are combined into one resource. Monitor real-time order status, inventory and demand on your company.

Supply Chain Design Software 0

Supply Chain Design Software Ordering Supply Chain Software Inventory Reduction 0

Ship Monk

JANUARY 16, 2024

Are you experiencing frequent inventory discrepancies , or wishing you had a better handle on forecasting demand? If you answered yes to any of these questions, it may be time to upgrade to a perpetual inventory management system. What is a Perpetual Inventory System? Let’s start with a few definitions.

Inventory Reduction 72

Inventory Reduction Inventory Supply Chain Software Logistics Network Optimization Software 72

Morai Logistics

MARCH 14, 2019

Therefore, supply chains must think of ways to leverage digital tools to help. However, we often hear of these digital tools from a data and insight or a predictive analytic perspective. There are a variety of definitions that have been created to define smart manufacturing, or smart factories as some experts have coined.

Supply Chain Software 60

Supply Chain Software Optimization Software Supply Chains Optimization 60

AIMMS

SEPTEMBER 10, 2018

My goal is to build a Supply Chain Center of Excellence here at Peapod that holds the expertise to leverage prescriptive analytics, utilize optimization tools, manage tactical control and parameters and drive forecasting throughout the business. Our goal with this is to improve our overall supply chain intelligence and our output.

Sourcing Strategies 89

Sourcing Strategies Supply Chain Software Supply Chain Design Software Optimal Sourcing 89

AIMMS

SEPTEMBER 10, 2018

My goal is to build a Supply Chain Center of Excellence here at Peapod that holds the expertise to leverage prescriptive analytics, utilize optimization tools, manage tactical control and parameters and drive forecasting throughout the business. Our goal with this is to improve our overall supply chain intelligence and our output.

Sourcing Strategies 82

Sourcing Strategies Supply Chain Software Supply Chain Design Software Optimal Sourcing 82

GlobalTranz

SEPTEMBER 4, 2015

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. In a Logistics Viewpoint survey , 50 percent of businesses reported sharing inventory across all channels or engaging in omni-channel practices.

Supply Chain Planning Software 106

Supply Chain Planning Software Supply Chain Software Supply Chains Logistics Network Optimization Software 106

Conger

MAY 6, 2019

To eliminate waste without sacrificing productivity to improve customer value. When it comes down to applying lean strategies, it’s not so easy. Robert gives three specific examples of how they’ve used Toyota Lean Management in their parts department. The whole purpose of Lean thinking is to identify and reduce waste.

Waste Reduction 59

Waste Reduction Inventory Reduction Material Savings Sourcing Strategies 59

AIMMS

SEPTEMBER 10, 2018

My goal is to build a Supply Chain Center of Excellence here at Peapod that holds the expertise to leverage prescriptive analytics, utilize optimization tools, manage tactical control and parameters and drive forecasting throughout the business. Our goal with this is to improve our overall supply chain intelligence and our output.

Sourcing Strategies 62

Sourcing Strategies Supply Chain Software Supply Chain Design Software Optimal Sourcing 62

GlobalTranz

JANUARY 21, 2015

As a supply chain director, manager, or boss of a multinational corporation, where the supply chain is an integral part of your business, supply chain cost reductions are always at the forefront of your team’s mind. Vendor Managed Inventory Model for Supply Chain Cost Reductions. What is Reverse Marketing?

Vendor Strategies 96

Vendor Strategies Inventory Reduction Cost Reduction Waste Reduction 96

AIMMS

FEBRUARY 20, 2015

And the opening chapter in the book is an actual case study about a team meeting I attended where they would have the inventory “target of the month”. And how do we align the organization to focus on reliability of functions, and at the top level, align with the business strategy? Why are these types of tools important?

Supply Chain Planning Software 115

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 115

Conger

MAY 6, 2019

To eliminate waste without sacrificing productivity to improve customer value. When it comes down to applying lean strategies, it’s not so easy. Robert gives three specific examples of how they’ve used Toyota Lean Management in their parts department. The whole purpose of Lean thinking is to identify and reduce waste.

Waste Reduction 40

Waste Reduction Inventory Reduction Material Savings Sourcing Strategies 40

Forto

JULY 25, 2018

The right strategy can propel the smallest of competitors through better, data-based decision making in international transport to the front of industrial battle lines. Experts disagree on the definition of Big Data. Instead of trying to pin down Big Data organization into a specific definition, taking a broad view is more effective.

Supply Chain Planning Software 40

Supply Chain Planning Software Data Optimization Software Optimal Sourcing 40

SYSPRO Smarter ERP

NOVEMBER 8, 2021

According to McKinsey , the value of goods traded globally has tripled to more than US$10 trillion since 2000, and because of recent events, they are having to re-evaluate supply chain strategies. Unfortunately, the state of disruption to the current landscape has never been contemplated and very few strategies exist to navigate it.

Supply Chain Planning Software 116

Supply Chain Planning Software Supply Chain Software Supply Chains Sourcing Strategies 116

247 Customs Broker

MARCH 14, 2018

For us it’s been challenging but manageable,” reports Ramsey Mansour, vice president of corporate strategy and marketing at Purolator Courier. Our margins are dropping, but we look more at strategies, at things like drop-off locations,” says Imtiaz Kermali, vice president of corporate strategy and marketing at eShipper.

Vendor Strategies 28

Vendor Strategies Cost Reduction Inventory Reduction Modeling Software 28

GlobalTranz

MAY 20, 2015

The US quality guru Joseph Moses Juran (born 1904 in Romania ) divides the supplier quality assurance process into nine steps: definition of the product’s quality requirements, evaluation of alternative suppliers. The definition of this metric is similar to the way it sounds. 2: Audit Strategy. Cost of quality.

Procurement Analytics 99

Procurement Analytics Supply Chain Planning Software Supply Chain Software Manufacturing Procurement 99

Automotive Logistics

MAY 30, 2018

When we run an operation that is lean and have a disruption on that supply chain, either you have the IT tools to manage it so you can quickly react or the result is a line stoppage.”. Monteiro said the problem was solved only because of the agility of the people working in VW’s supply chain and the IT tools at its disposal.

Supply Chain Planning Software 48

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 48

Conger

FEBRUARY 22, 2023

Here’s a simple order picker definition: Order pickers are material handling equipment used to pick and transport items from shelving or pallet racking to help fill orders in warehouses and distribution centers. Installation requires a skilled crew who’ll come to your facility, cut notches in the floor, bury the wire, and seal it with epoxy.

Definition 52

Definition Ordering Modeling Software Picking 52

Forto

JANUARY 15, 2020

We tell you how to set this up the right way with seven very useful strategies. If you’re looking for an easy way to sell your products on Amazon and wonder how it works and what the best Amazon seller tools are, strap in and find out. For the Amazon marketplace it’s definitely true to be there or be square. And you know what?

Purchasing Skills 40

Purchasing Skills Logistics Network Optimization Software Price Reduction Procurement Solutions 40

Automotive Logistics

APRIL 12, 2019

The EuroBin is able to handle a 900kg payload and can be stacked six-high, ten-high empty, with obvious gains for empty returns, inventory management and storage. One example is Ford’s movement of catalytic converters from South Africa to all of its plants in Europe. Plans are to right-size the pool by summer 2019.

Material Savings 56

Material Savings Sourcing Strategies Manufacturing Procurement Supply Chain Design Software 56

Logistics Bureau

NOVEMBER 15, 2021

Is your business one that operates distribution centres and other warehouse facilities to maintain control of inventory? KPIs become an invaluable tool for companies that get this right, guiding improvements to productivity, efficiency, cost, service, and safety. 1) Speed up the Warehouse. 1) Speed up the Warehouse. For Putaway.

Inventory Reduction 62

Inventory Reduction Cost Reduction Expense Reduction How To 62

Infosys Supply Chain Management

MARCH 6, 2012

In this context, the social media can be leveraged effectively to analyze customer data and achieve more insight on forecasting, planning, scheduling and inventory management. This would help to stock appropriate quantity of inventory and also facilitate in computing the right value of safety stock. Thanks for waiting.). Follow us on.

Supply Chain Planning Software 22

Supply Chain Planning Software Supply Chain Software Optimal Sourcing Supply Chains 22

IoT World Today

MARCH 27, 2020

These tools will become the foundation on which supply chain managers gain insight into their markets and erratic supply and demand trends. Another Statista study indicated that 44% of retailers expect delays and 40% expect inventory shortages given coronavirus disruptions on the supply chain. And again, data quality is a huge concern.

Supply Chain Planning Software 145

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Procurement Analytics 145

Ship Monk

JUNE 30, 2023

Let’s start with some definitions. Fortunately, most metrics are tracked automatically, using various tools and software systems. The executive team’s challenge is to weigh the costs and benefits of each strategy, and decide which ones represent the greatest opportunities. That’s not the hard part.

eCommerce 52

eCommerce Inventory Reduction Manufacturing Procurement Procurement Analytics 52

Logistics Viewpoints

FEBRUARY 23, 2023

While the concept isn’t new, its application to supply chain is emerging, albeit without clear definition yet. of supply chain professionals found that their number one wish to increase work satisfaction is better, integrated tools. Climate change is biggest crisis of all, the ultimate example of interconnected systems.

Supply Chain Planning Software 119

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Digital 119

CH Robinson Logistics

OCTOBER 3, 2017

A quick definition of fourth party logistics is below: What is 4PL? Key examples of 3PL: The major functions. Key examples of 3PL: The major functions | Transportfolio. Tools like electronic data interchange (EDI), application programming interface (API), and cloud-based systems are the most popular tools trusted by 3PLs.

Supply Chain Design Software 84

Supply Chain Design Software 3PL Supply Chain Planning Software Supply Chain Software 84

Ship Monk

DECEMBER 1, 2022

For example, say an ecommerce merchant has a 2-Day delivery policy for orders received before 3PM. Whatever your specific policy, as an ecommerce merchant, it’s important to clearly explain your 2-Day specifications and cut offs during check out and in your documentation so customers aren’t caught off guard with delivery expectations.

eCommerce 52

eCommerce Purchasing Skills Eliminating Excel in Purchasing Price Reduction 52

Talking Logistics

DECEMBER 5, 2018

It also matters because federal and state agencies and competitive pressures will also demand it (see, for example, the Federal Highway Administration’s e-Construction and Partnering initiative). Getting Started with Digital Transformation. Business Cases and Success Stories.

Conference 61

Conference Optimal Sourcing Optimization Software Supply Chain Software 61