Logistics Bureau

AUGUST 7, 2023

Effective inventory management has become increasingly crucial for businesses in this fast-paced and rapidly evolving era of ecommerce. Moreover, the ecommerce explosion has brought new and unique challenges that complicate inventory management for enterprises selling online.

Inventory Reduction 89

Inventory Reduction eCommerce Inventory Procurement Solutions 89

Logistics Bureau

DECEMBER 4, 2023

Inventory management is a crucial aspect of supply chain management, and effective strategies can help businesses reduce costs, improve customer service, and increase profits. But what does a great inventory management strategy look like? Amazon did not invent the random storage approach.

Inventory Reduction 87

Inventory Reduction Eliminating Excel in Purchasing Inventory Waste Reduction 87

FW Logsitcs

OCTOBER 10, 2023

In today’s fast-paced business world, effective and efficient inventory management is critical to any successful third-party logistics warehouse operation. Efficient inventory management in a 3PL warehouse ensures a steady flow of goods, improves overall operational efficiency, and reduces costs.

Optimization Software 52

Optimization Software Inventory Reduction Supply Chain Planning Software Inventory 52

Kanban Logistics

NOVEMBER 30, 2022

When evaluating the 3PL provider in charge of your pharmaceutical distribution warehouse, safety is the name of the game. Key pharmaceutical distribution warehouse questions to ask a 3PL. Most 3PLs will use their warehouse management systems (WMS) to segregate products within the pharmaceutical distribution warehouse.

Distribution 98

Distribution Inventory Reduction 3PL Supply Chain Design Software 98

Logistics Bureau

MAY 24, 2021

Among the universal challenges that the COVID-19 pandemic has imposed upon the supply chain management profession is the question of inventory, specifically, “how much is enough?”. It wasn’t long ago that businesses were asking, “By how much can I reduce my levels of inventory?”. Let’s Start with Safety Stock.

Inventory Reduction 118

Inventory Reduction Inventory Supply Chain Planning Software Supply Chain Software 118

3PL Links

SEPTEMBER 8, 2023

Unlocking Customer Satisfaction: Is Your Fulfilment Strategy Aligned with Expectations? Sending orders to a few drop shipping companies and distribution facilities was no longer sufficient. Sending orders to a few drop shipping companies and distribution facilities was no longer sufficient.

Inventory Reduction 48

Inventory Reduction Sourcing Strategies Cost Reduction Expense Reduction 48

SYSPRO Smarter ERP

OCTOBER 4, 2021

A 2020 SYSPRO survey showed that 60% of manufacturing and distribution businesses were impacted by supply chain disruptions during the pandemic. For the manufacturing and distribution CEO the challenge is not only getting back to pre-pandemic operations, but crafting businesses that emerge more resilient than before.

Manufacturing Procurement 119

Manufacturing Procurement ERP Distribution Supply Chain Software 119

Ship Monk

JUNE 7, 2023

Those goals also tell you how much you’ve already evolved, and as such it is vital that your company understands the most critical distribution metrics, that way you can keep control on your day-to-day operations as well as your month-to-month, quarter-to-quarter, and year-to-year progress. What Are Distribution Metrics?

Procurement Analytics 52

Procurement Analytics Distribution eCommerce Inventory Reduction 52

Locus

JANUARY 10, 2024

We’ll look at four strategies to optimize shelf replenishment, reducing stockouts, improving inventory management, cutting waste, and boosting productivity. Creating a truly efficient shelf replenishment plan goes beyond the simple act of restocking inventory. Pinpoint instances of stockouts and excess inventory.

Inventory Reduction 52

Inventory Reduction Cost Reduction Resource Reduction Waste Reduction 52

Ship Monk

SEPTEMBER 14, 2022

There are a lot of accounting terms thrown around when describing eCommerce inventory: merchandise inventory , WIP inventory , ending inventory , and beginning inventory to name just a few. What is Beginning Inventory? By inventory , we mean finished goods that are on hand and ready to sell.

Inventory Reduction 79

Inventory Reduction Inventory Purchasing Skills Manufacturing Procurement 79

EazyStock

MAY 24, 2022

Often, businesses focus on inventory management from a supply chain perspective – holding enough stock to meet customer demand and hitting fulfillment targets. This post, however, will focus on the financial aspect of inventory: inventory value – taking an accountant’s view of how to manage stock effectively.

Inventory Reduction 52

Inventory Reduction Inventory Material Savings Purchasing Skills 52

WorkWave

NOVEMBER 6, 2023

In this blog post, we will delve into the intricacies of order management, the role of an Order Management System (OMS), what happens after checkout and how to master your order management strategy with the help of cutting-edge order management systems and order management software. What Is Order Management? What Happens After Checkout?

Inventory Reduction 52

Inventory Reduction Price Reduction Cost Reduction Ordering 52

EazyStock

OCTOBER 20, 2020

Inventory Control Techniques that use Stock Optimization Best Practices. There are hundreds of inventory control blog posts on how to organize warehouses, track goods and pick and pack efficiently. Firstly, let’s get a few definitions: What is inventory control? 6 Inventory Control Techniques to Optimize Stock Levels.

Inventory Reduction 98

Inventory Reduction Optimization Software Optimization Modeling Inventory 98

EazyStock

MARCH 14, 2023

The right purchasing and logistics strategies give companies an edge during these unique, uncertain times and, during the return “to normal,” a greater competitive advantage and continued growth. Rapid cost increases, interest rate hikes and reduced demand require more effective inventory management and forecasting attention.

Inventory Reduction 52

Inventory Reduction Price Reduction Cost Reduction Waste Reduction 52

Logistics Viewpoints

MARCH 17, 2021

In December of 2019, the global grocery retailer Ahold Delhaize announced it was investing $480 million to transform and expand its US supply chain operations to support a strategy to transition the supply chain network into a fully-integrated, self-distribution model.

Sourcing Strategies 135

Sourcing Strategies Supply Chain Software Supply Chain Design Software Optimal Sourcing 135

Camelot 3PL Software

NOVEMBER 10, 2023

To stay competitive in this dynamic industry, 3PL warehouses need innovative marketing strategies to attract new customers and retain existing ones. Start a blog on your website that discusses relevant topics such as supply chain optimization, inventory management, and the latest trends in logistics.

Material Savings 52

Material Savings Inventory Reduction Cost Reduction 3PL 52

Locus

JUNE 23, 2023

So, knowing more about order fulfillment, its importance, process, and strategies is critical. Also, it allows companies to track, refill, and manage their inventory levels. At this stage, businesses check if items are safe and secure and if the inventory levels are accurate and optimized for better space. Let’s fill in!

Inventory Reduction 52

Inventory Reduction Cost Reduction Resource Reduction Vendor Strategies 52

Radius Logistics

APRIL 15, 2024

In the swiftly evolving global commerce landscape, businesses constantly seek strategies to streamline operations, reduce overheads, and enhance customer satisfaction. One pivotal approach has emerged as a cornerstone for achieving these objectives: outsourcing warehousing and distribution services to third-party logistics (3PL) companies.

Warehousing 26

Warehousing Outsourcing 3PL Inventory Reduction 26

GlobalTranz

OCTOBER 2, 2017

Shippers need to reevaluate their existing last mile logistics processes and devise an effective last mile logistics strategy that aligns consumer and business expectation. In fact, an effective last mile logistics strategy must consider these nine key points. Planning Is Essential To Have an Effective Last Mile Logistics Strategy.

Inventory Reduction 145

Inventory Reduction Cost Reduction Strategy Logistics Network Optimization Software 145

Logistics Business Magazine

OCTOBER 21, 2020

a leader in supply chain and omnichannel commerce, today introduced Manhattan Active® Allocation, the first allocation solution specifically engineered for today’s omnichannel marketplace, with a fresh approach to managing short lifecycle inventory. Manhattan Associates Inc.,

Inventory Reduction 46

Inventory Reduction Inventory Supply Chain Planning Software Strategy 46

Logistics Business Magazine

JANUARY 20, 2023

But, how can you drive efficiency, and accuracy whilst saving time in your supply chain with on-time in full strategies? It all comes down to your on-time in full strategies. Benefits of OTIF Strategies Most companies within the supply chain will benefit from adopting strategies that improve their OTIF percentage.

Expense Reduction 62

Expense Reduction Inventory Reduction Cost Reduction Supply Chains 62

Blue Grace Logistics

JUNE 13, 2022

Many do not understand the weather’s effect on inventory availability and shipment status, particularly if they’re not experiencing obstructive weather conditions first-hand. Insulating against disturbances to the supply chain through critical weather strategies has proved effective in cutting down delays and costly overages.

Inventory Reduction 62

Inventory Reduction Cost Reduction Resource Reduction Price Reduction 62

Supply Chain Brain

JUNE 30, 2023

In 2015, Baptist Health South Florida, an internationally recognized healthcare network and one of the largest not-for-profit healthcare providers in the region, adopted a self-distribution strategy, to contain supply chain costs, reduce the amount of space used for inventory at hospitals and ultimately, help provide better care.

Inventory Reduction 90

Inventory Reduction Cost Reduction Picking Optimization 90

Stord

MAY 3, 2018

May 4, 2018 The speed and reliability of your distribution network is essential to your company’s success. To scale, an optimized distribution network is required to meet customer expectations and business growth targets. It is essential to balance the cost of the distribution network with responsive customer service.

Supply Chain Design Software 78

Supply Chain Design Software Supply Chain Planning Software Inventory Reduction Optimization Software 78

Logistics Bureau

MAY 30, 2022

Our three pillars (or fundamentals) of great supply chain management excellence are strategy, service, and cost. Aligning strategy, service, and financial factors in your supply chain operation is essential to support your company’s overall business strategy , mission, and objectives. The Importance of Alignment.

Inventory Reduction 112

Inventory Reduction Cost Reduction Price Reduction Supply Chain Planning Software 112

Logistics Viewpoints

JANUARY 18, 2024

This ensures the secure, high-capacity, and bi-directional transfer of essential information such as master data on products, customers, production-distribution infrastructure, transactional data on sales, inventory status and position, transportation execution data, external data e.g. competitor pricing, weather, recommendations, action triggers.

Supply Chain Software 148

Supply Chain Software Supply Chain Planning Software Supply Chain Design Software Supply Chain Design 148

Stord

JANUARY 22, 2018

Whether you are a small business owner or a corporate logistics manager, it’s crucial to stay attuned to the most innovative ways to optimize your distribution network. It’s imperative for corporations to achieve the same capacity to react to market demands by improving their distribution efficiencies.

Network Optimization Software 78

Network Optimization Software Distribution Optimization Networks 78

Logistics Viewpoints

DECEMBER 5, 2023

It is important to have a robust incident response plan in place for your distribution operation in the event of a cybersecurity breach. This information is then used to develop a risk management strategy that takes into account the potential impact of different types of cybersecurity incidents.

Supply Chain Planning Software 143

Supply Chain Planning Software Supply Chain Design Software Scenario Planning Vendor Strategies 143

Stord

APRIL 4, 2019

High consumer expectations, a storage shortage and disruptions from trade tensions are increasingly revealing the shortcomings of traditional distribution models. To meet these high standards, shippers must position inventory near their customers to speed delivery and lower last mile costs.

Distribution 78

Distribution Inventory Reduction Cost Reduction Supply Chain Software 78

EazyStock

JANUARY 9, 2020

Common Challenges of Inventory Management. Small- and mid-sized businesses (SMBs) must respond to external market pressures and are therefore up against a multitude of inventory management challenges. This post will look at the inventory management challenges surrounding supply chain complexity.

Supply Chain Planning Software 52

Supply Chain Planning Software Inventory Reduction Supply Chain Software Optimal Sourcing 52

GlobalTranz

NOVEMBER 3, 2015

We first did an overview of the 10 areas of strategy a shipper must know in order to stay competitive. Today we will talk about the flow of strategy as pertains to inventory flow and driving warehouse efficiency. The essence of strategy is choosing what not to do. ” ― Michael E. Transaction-Based Movements Inventory Flow.

Inventory Reduction 112

Inventory Reduction Vendor Strategies Cost Reduction Waste Reduction 112

Logistics Viewpoints

APRIL 29, 2024

The goods flow through 3 import centers, 14 strategically located distribution centers in North America, 106 final-mile shipping hubs, and nearly 1,700 branch locations. million square feet in 10 distribution centers and 35 million square feet across its branch network. These trucks range in size from semi-trucks to delivery vans.

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Blue Grace Logistics

APRIL 12, 2024

However, successfully incorporating cross-border shipping into your business strategy requires careful planning and execution. By establishing manufacturing or distribution facilities in Mexico, businesses can benefit from lower labor costs, reduced transportation expenses, and faster delivery times.

Inventory Reduction 62

Inventory Reduction Cost Reduction Expense Reduction Supply Chain Planning Software 62

The Logistics of Logistics

NOVEMBER 3, 2021

Richard is the founder and CEO of Gray Growth Strategies , a consulting company that provides custom-tailored solutions for refrigerated or frozen food fulfillment needs. About Gray Growth Strategies. Gray Growth Strategies provides custom-tailored solutions for refrigerated or frozen food fulfillment needs. About Richard Gray.

Cost Reduction 195

Cost Reduction Expense Reduction Inventory Reduction Refrigeration 195

Logistics Viewpoints

OCTOBER 16, 2023

Distributed order management solutions can support a ship-from-store strategy. OneStock Retail, based in Paris, has developed distributed order management software that puts gamification at the heart of the solution. DOM is a solution that supports retail chains who want to pursue an omnichannel strategy.

Inventory Reduction 137

Inventory Reduction eCommerce Ordering After-sales 137

CLX Logistics

APRIL 22, 2024

Supply chain planning is the process of efficiently and effectively managing the entire lifecycle of a product or service from its initial design and development through production, distribution, and, ultimately, delivery to the end customer. Inventory Management Balancing inventory levels is essential to avoid stockouts or excess stock.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Scenario Planning 98

EazyStock

JULY 20, 2020

Inventory is the biggest entry in the balance sheet of many distribution companies and fast deliveries are becoming increasingly important in today’s digital world – especially as an increasing number of people are working remotely. Here are some ways technology can help you simplify inventory management.

Optimization Software 52

Optimization Software Supply Chain Planning Software Supply Chain Software Inventory Reduction 52