GlobalTranz

APRIL 6, 2021

For example, many supply chain resiliency plans may have considered a health crisis in which organizations and key partners face lower-than-normal staffing levels. The demand caught off-guard those retailers and suppliers who relied on just-in-time inventory practices. Embracing technology is part of that solution. Overall, U.S.

Supply Chain Planning Software 75

Supply Chain Planning Software Supply Chain Software Supply Chains Manufacturing Procurement 75

FreightWaves SONAR

JUNE 5, 2023

In this blog post, we’ll walk through some of the obstacles to medium-term demand planning, consider how high-frequency supply chain data can help fill the informational gaps that companies are grappling with, and then look at a real-world example of how the data in FreightWaves SONAR can give insight into the goods economy.

Supply Chain Planning Software 52

Supply Chain Planning Software Scenario Planning Data Freight 52

FourKites

JANUARY 7, 2021

The COVID pandemic may have been an extreme example of what can go wrong, but it also underscored the importance of planning and decision-making in the event of sudden disruptions that upend the normal working of the complicated modern supply chain apparatus. How to Create an Agile Supply Chain Model.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Supply Chains Scenario Planning 52

Logistics Viewpoints

SEPTEMBER 7, 2022

Within this discipline, one of the toughest challenges is how to get visibility to problems arising across the extended supply network. The company had access to huge amounts of trade data, for example. But the further up the supply chain BD went, the less incentive suppliers had to participate in these exercises.

Supply Chain Software 123

Supply Chain Software Supply Chains Optimal Sourcing Procurement Solutions 123

Logistics Bureau

SEPTEMBER 4, 2023

Supply/Inventory Management Inventory management problems and supplier relationship issues , too, can creep in over time and eat away at your profit margins. If you haven’t done a segmentation exercise, that would be a positive first step towards understanding customer profitability. In short, you can’t.

Negotiating Skills 89

Negotiating Skills Purchasing Skills Cost Reduction Analysis 89

Logistics Bureau

AUGUST 1, 2022

So it’s easy to see how vital it is for the demand planner to communicate and collaborate effectively with the functional stakeholders who own the necessary data. So, for example, the Head of Supply might be the Supply Chain Director, Supply Chain Manager, or another non-executive supply chain management specialist. Inventory turns.

Supply Chain Planning Software 104

Supply Chain Planning Software Scenario Planning Operations Supply Chain Design Software 104

Logistics Bureau

MARCH 3, 2019

For example, if speedy delivery is a part of your service strategy (which is often the case in today’s on-demand environment), you will either need to locate your warehouses close to customers, or close to the facilities of your preferred carriers. What levels of inventory availability do you require? How fast are your inventory turns?

Supply Chain Design Software 98

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

GlobalTranz

NOVEMBER 12, 2015

Will an inaccurate picking result in one error for the original problem or two errors for sending an incorrect product and retaining the original, correct product in your inventory? Performance management is basically how an organization manages potential problems and maintains standards within the workforce.

Data 91

Data Vendor Strategies Logistics Network Optimization Software Expense Reduction 91

The Logistics Academy

AUGUST 21, 2016

For example, they are dealing with slowing store sales and are closing stores. It is not fulfillment exercise of shipping quickly from distribution centers. It is about the supply chain and how to move products through it—not just ship from warehouses. The change is expanding from mass merchandising to tailored direct selling.

Supply Chains 40

Supply Chains Purchasing Skills Exercises Ordering 40

Logistics Bureau

JULY 18, 2022

For example, you don’t want to assume that a single logistics strategy and service approach will meet all your customers’ needs. It may do, but how do you know? Inventory levels. Ideally, though, evaluating your position against competitors should not solely be a KPI benchmarking exercise. Inventory optimization software.

Inventory Reduction 106

Inventory Reduction Resource Reduction Vendor Strategies Cost Reduction 106

Conger

JULY 28, 2022

How to Measure Warehouse Safety. How Safe Are Warehouses? How to Measure Warehouse Safety. Otherwise, how will you know if things got better, worse, or stayed the same? Near misses provide insight into the factors that led to the unsafe incident and provide a framework for how to fix them. Let’s dive in!

Tips 52

Tips Material Savings Training Materials Handling 52

Automotive Logistics

APRIL 15, 2019

Many early examples have focused on warehouse management and product picking, but, as the technology improves and the range of products on the market increases, there is some evidence that the use of this technology could go much further. . Simon Woodward, head of accelerated innovation and digitalisation, DHL Supply Chain UK and Ireland.

Supply Chain Design Software 54

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

Conger

MAY 6, 2019

Toyota Lean Management is a management philosophy that teaches team members how to solve problems in a way that is effective and sustainable. By surfacing the problems and then thinking through how to solve the problems, we teach the team how to think and take responsibility. Inventory in the system was never accurate.

Waste Reduction 59

Waste Reduction Inventory Reduction Material Savings Sourcing Strategies 59

Conger

MAY 6, 2019

Toyota Lean Management is a management philosophy that teaches team members how to solve problems in a way that is effective and sustainable. By surfacing the problems and then thinking through how to solve the problems, we teach the team how to think and take responsibility. Inventory in the system was never accurate.

Waste Reduction 40

Waste Reduction Inventory Reduction Material Savings Sourcing Strategies 40

GlobalTranz

JANUARY 21, 2015

Below I will outline how a vendor managed inventory model, in conjunction with reverse marketing, value analysis, and collaboration will achieve supply chain cost reductions. Vendor Managed Inventory Model for Supply Chain Cost Reductions. The distributor maintains the inventory plan. What is Reverse Marketing?

Vendor Strategies 96

Vendor Strategies Inventory Reduction Cost Reduction Waste Reduction 96

Logistics Bureau

DECEMBER 19, 2022

Slotting a warehouse product is the same, for example, as placing your umbrella close to your front door at home, so it’s easy to pick it up and run when it’s raining, and you’re late for work. It also stands to reason that when you undertake a slotting exercise, you should think about it from the perspective of these activities.

Production 92

Production Inventory Reduction Cost Reduction Resource Reduction 92

The Logistics Academy

FEBRUARY 13, 2017

For example, as online sales reach a record high, B2C service provider Jet.com uses some creative logistics concepts to bring value to customers. Another trend is learning how to deal with the avalanche of data that supply chain managers have at their fingertips. We have different tools to incorporate these trends in our program.

Supply Chain Design Software 40

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 40

Sabinext

FEBRUARY 11, 2019

London, for example, accounts for 32 % of the UK’s national GDP produced by only 23 % of the population. Moving thousands of people and products effectively from A to B on a daily basis is an incredibly complex exercise, both financially and environmentally. The challenge of being too big to fail. Data-driven approach.

Optimal Sourcing 67

Optimal Sourcing How To Logistics Network Optimization Software Logistics 67

Logistics Business Magazine

DECEMBER 11, 2022

For example, a big-box retailer that started to build out its pickup services, it delivery services, and so on, so that when the world pivoted, and stores were closed, but people still wanted this retailer’s products, it already had all of that investment there. Consumers are looking for more durable products.

Supply Chain Planning Software 60

Supply Chain Planning Software Supply Chain Software Supply Chains Trends 60

Logistics Bureau

MAY 31, 2021

The tips in this article will help you know how to identify the customers, products, and processes that might be inflating your cost to serve (CTS) unnecessarily. For example: Compared to selling a product in-store, the cost to deliver that same item as a small parcel can be several times higher.

Cost Reduction 117

Cost Reduction Purchasing Skills Expense Reduction Inventory Reduction 117

Logistics Bureau

NOVEMBER 14, 2018

Thus, if you find out that an expensive transport solution (courier for example) is routinely being used to deliver a low margin product to a customer, you’ll understand that much better if the end result for you turns out to be a loss. So How Do You Calculate CTS in the Real World? Customer-specific services. Returns management.

Purchasing Skills 88

Purchasing Skills Cost Reduction Supply Chain Planning Software Supply Chain Design Software 88