Ship Monk

DECEMBER 5, 2022

Could there be hidden costs you’re not accounting for in your pricing strategy? Stick with us and you’ll learn how to calculate landed cost — and how this number affects your profitability. That’s why understanding landed cost is key to a successful pricing strategy and making better business decisions. landed costs.

Negotiating Skills 52

Negotiating Skills Purchasing Skills Cost Reduction eCommerce 52

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! So, how do you nurture this relationship and make the most of it? With any relationship, communication is key. The downside?

eCommerce 81

eCommerce Tips Procurement Solutions Logistics Network Optimization Software 81

Logistics at MPEPS at UPV

MARCH 31, 2019

How to achieve a competitive advantage through Distribution Networks. After the lesson on distribution networks, I researched to complete the training a bit more and I found how to obtain efficiency on the distribution. Previous steps in the design of distribution networks. The objetives must be concrete, achievable and realistic.

Distribution 40

Distribution Inventory Reduction Cost Reduction Networks 40

Locus

JUNE 2, 2023

Inbound logistics activities typically include transportation, warehousing, inventory control, material handling, quality control inspections, and scheduling. Effective inbound logistics management helps streamline production operations and reduce supply chain disruptions. What is outbound logistics?

Optimal Sourcing 52

Optimal Sourcing Outbound Optimization Software Inbound 52

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. So we asked six Toyota experts: how are you applying lean management principles at your facility? The whole purpose of Lean thinking is to identify and reduce waste.

Waste Reduction 59

Waste Reduction Inventory Reduction Material Savings Sourcing Strategies 59

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

Conger

MARCH 28, 2024

Introduction to Fleet Management Fleet Management Definition Businesses across all sectors depend on commercial vehicles to transport people and products daily from cross-country delivery services to your neighborhood gas and oil provider. It helps in promoting safer driving practices and reducing breakdowns.

Optimization Software 73

Optimization Software Optimal Sourcing Expense Reduction Cost Reduction 73

Ship Monk

OCTOBER 10, 2023

Omnichannel fulfillment services are definitely not one size fits all, as every ecommerce brand is unique and has its own special needs. These tech tools ShipMonk employs have resulted in 4X faster pick times than the average 3PL and 99.9% Know the cutoff for when your peak season inventory needs to be ordered by.

Procurement Solutions 64

Procurement Solutions Logistics Network Optimization Software Optimization Software eCommerce 64

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

Ship Monk

JULY 31, 2023

Recovering perfectly good products safely so they can be restocked back into inventory, thus protecting your bottom line as much as possible. Types of Products That Go through Reverse Logistics Expanding on the above definition, there are five situations where a reverse logistics process is activated. This is a three-fold process: 1.)

Reverse logistics 52

Reverse logistics Logistics Network Optimization Software eCommerce Disposal 52

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. So we asked six Toyota experts: how are you applying lean management principles at your facility? The whole purpose of Lean thinking is to identify and reduce waste.

Waste Reduction 40

Waste Reduction Inventory Reduction Material Savings Sourcing Strategies 40

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”. How do we determine what’s important? How to align on that? How do we measure on a corporate level, the metrics that matter? 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

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

Locus

MAY 14, 2024

This surge in online and omnichannel shopping has necessitated a rethink of logistics strategies, emphasizing the adoption of tech solutions. How Improved Hub Operations Reduce Time Under The Roof f. Read Also: The Definitive Guide to Logistics Route Optimization g.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Optimization Software Supply Chain Planning Software Supply Chain Software 52

Ship Monk

JUNE 30, 2023

We’re going to show you how to identify KPIs for your business by breaking the process down into three parts. Let’s start with some definitions. Fortunately, most metrics are tracked automatically, using various tools and software systems. Metric: A metric is a measurable indicator that changes over time.

eCommerce 52

eCommerce Inventory Reduction Manufacturing Procurement Procurement Analytics 52

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. For Putaway.

Inventory Reduction 62

Inventory Reduction Cost Reduction Expense Reduction How To 62

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

Editor’s Note: This is the first in a three-part series on Supplier Quality Management processes and how to evaluate your suppliers from Chuck Intrieri of The Lean Supply Chain. Therefore, it is paramount for you as a logistics and supply chain professional to have a keen sense of how to properly evaluate a supplier.

Procurement Analytics 99

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

SYSPRO Smarter ERP

NOVEMBER 8, 2021

But for that special class of disruption, the low-probability, high-impact events like natural disasters, epidemics and other upheavals, organizations don’t know how to mitigate the risk and successfully manage their supply chains, and are now trying to find their way through the minefield of issues and challenges with no clear solution.

Supply Chain Planning Software 116

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

Forto

JANUARY 15, 2020

You always wondered how to successfully sell through the Amazon marketplace? 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.

Purchasing Skills 40

Purchasing Skills Logistics Network Optimization Software Price Reduction Procurement Solutions 40

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

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.

Supply Chain Planning Software 145

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

3PL Links

JULY 7, 2023

Brief History of Supply Chain and Data Analysis Supply Chain Management (SCM) was initially prompted by the need to reduce expenses while providing customers with high-quality services. The information set must include Business Intelligence tools and be different in decision support. as a definition of value.

Supply Chain Software 48

Supply Chain Software Supply Chains Data Logistics Network Optimization Software 48

Ship Monk

DECEMBER 1, 2022

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. Reduce Cart Abandonment. Why 2-Day Shipping Matters. In the first two quarters of 2022, the U.S.

eCommerce 52

eCommerce Purchasing Skills Eliminating Excel in Purchasing Price Reduction 52

Forto

AUGUST 20, 2018

Poor planning and execution of the shipping strategy will dramatically increase freight costs, so more companies with low-volume shipments have turned less than container (LCL) or less than truckload (LTL) to reduce freight spend. Freight consolidation sounds like a clean-cut process. What is Freight Consolidation?

Inventory Reduction 40

Inventory Reduction Cost Reduction Freight Resource Reduction 40

Ship Monk

SEPTEMBER 26, 2023

Today we’re going to give you a few tips on how to optimize your website for mobile and start reaping the benefits of mobile commerce. Ecommerce, Mobile Commerce, and Social Commerce Explained Before we get started, here are a few definitions. If you’re not catering to the mobile visitors on your website, it’s high time you did so.

eCommerce 64

eCommerce Optimal Sourcing Optimization Software Logistics Network Optimization Software 64

GlobalTranz

MAY 23, 2016

You may have to learn how to navigate a new software, or your organization may simply need additional training on a new transportation management system (TMS). Let’s take a look at how the TMS impacts the costs of shipping over the long term in four critical areas. Overall Costs of Less Than Truckload Freight Shipping.

Cost Reduction 54

Cost Reduction Inventory Reduction Freight Purchasing Skills 54

Talking Logistics

DECEMBER 5, 2018

What the leaders have done is focus on achieving quick wins — that is, they have identified opportunities to eliminate waste or replace manual processes with technology that are low risk and require minimal time, cost, and resources to achieve. Business Cases and Success Stories.

Conference 61

Conference Optimal Sourcing Optimization Software Supply Chain Software 61

GlobalTranz

APRIL 14, 2016

In the warehouse, the Internet of Things is helping to keep track of inventory, track orders, and identify and schedule maintenance for faulty equipment. According to McKinsey , this last has been known to reduce maintenance costs by as much as 40% and cut unplanned downtime in half. And this is just in the office.

Supply Chain Design Software 57

Supply Chain Design Software Supply Chain Software Optimization Software Supply Chain Design 57

247 Customs Broker

APRIL 12, 2018

“As more people made their purchases online versus going to a store, the need for highly flexible supply chains has grown exponentially,” says Dinesh Dongre , vice president of strategy at Softeon, Inc. Warehouse execution systems (WES) manage inventory records and materials handling equipment within the facility. Autonomous Robots.

Distribution 28

Distribution Supply Chain Software Optimization Software Procurement Solutions 28

Automotive Logistics

JANUARY 26, 2018

Among tier one and tier two suppliers, Magna and Techniplas subsidiary Dickton Masch Plastics use Cloudleaf for such capabilities, while Tesla uses Cloudleaf to track special-purpose tooling within its assembly plant, according to Arora. The ROI of eliminating even one 747 freight shipment a month is unmistakable.”.

Supply Chain Design Software 28

Supply Chain Design Software Supply Chain Planning Software Logistics Network Optimization Software Modeling Software 28