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

Logistics Viewpoints

JULY 22, 2021

nodes), flows of the products between origin-destination pairs, and policies (inventory, replenishment, asset utilization etc) with no clear accountability on how the recommendations make their way into planning and execution. For example, forecasts are generated using the past three years of history, implicitly assuming history repeats.

Supply Chain Planning Software 148

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Scenario Planning 148

Logistics Viewpoints

OCTOBER 21, 2021

The rapid shifts to eCommerce during the pandemic caused retailers and brand owners alike to flex their network nodes (where goods are made and inventories are stocked) significantly. Pop up warehouses, micro fulfillment centers, and warehousing-on-demand are all examples of how the nodes are becoming increasingly dynamic.

Supply Chain Design Software 116

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Supply Chain Software 116

Logistics Bureau

AUGUST 2, 2021

For example, you might use simple observation to identify visible defects at goods-in, or you could make your analysis a bit deeper by testing a percentage of items received from the supplier. For example, every purchase order costs money to raise and process, as does every invoice. Supplier Defect Rate.

Procurement Analytics 117

Procurement Analytics Procurement Solutions Optimal Sourcing Procurement 117

ShipLilly

AUGUST 5, 2021

Key questions for companies involved in the shipping industry include the nature of the congestion charge, its calculation, and how it reduces port congestion. Examples include port fires, inclement weather, and labor disputes. Certain industry professionals have come up with clever ways to reduce or remove PCS altogether.

Negotiating Skills 98

Negotiating Skills Cost Reduction Inventory Reduction Exercises 98

Logistics Viewpoints

MAY 22, 2023

A company can choose to maintain a high level of costly inventory to ensure short lead times, and a family can decide to live farther away from work and school but buy a bigger house. Moreover, this exercise might need to be repeated several times depending on how the war proceeds. But optimization is much more than that!

Supply Chain Design Software 108

Supply Chain Design Software Supply Chain Design Supply Chain Software Modeling Software 108

Logistics Bureau

JULY 18, 2022

As you’ll know, if you follow our blog regularly, Logistics Bureau does a great deal of work related to supply chain strategy development and alignment. As a result, and as we’ve mentioned in several previously published articles, we’ve discovered that many companies lack a defined and documented supply chain strategy.

Inventory Reduction 106

Inventory Reduction Resource Reduction Vendor Strategies Cost Reduction 106

GoShip Blog

MARCH 21, 2023

How to Create an Effective Inbound Freight Management Strategy To ensure that your inbound freight systems are seamless and efficient, you will have to pour time and energy into implementing the new processes into your business. Exercise patience when asking freight providers to take on new lanes. Communicate in a timely manner.

Inbound 52

Inbound Optimization Software Material Savings Optimization 52

Logistics Bureau

APRIL 19, 2021

If you’ve never done a benchmarking exercise before, read on. If, for example, you are concerned about the pick rates in your warehouse, or your transport costs, or your inventory accuracy, benchmarking can help you because it can show you exactly where your performance is compared to others in your industry.

Supply Chains 118

Supply Chains Exercises Picking Cost Reduction 118

Logistics Viewpoints

SEPTEMBER 28, 2021

Until we have this kind of pervasive visibility, inventory management will continue to be largely an exercise in futility. Matt has led high-impact teams that implemented logistics strategies and systems at P&G, Nestle, Kraft, Anheuser-Busch Inbev, Tyco, Argos and Nokia across North America, Western Europe and Latin America.

Supply Chain Planning Software 115

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

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. Adopting Agile Supply Chain Management Strategies.

Supply Chain Planning Software 52

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

ShipLilly

AUGUST 5, 2021

Key questions for companies involved in the shipping industry include the nature of the congestion charge, its calculation, and how it reduces port congestion. Examples include port fires, inclement weather, and labor disputes. Certain industry professionals have come up with clever ways to reduce or remove PCS altogether.

Negotiating Skills 52

Negotiating Skills Cost Reduction Inventory Reduction Exercises 52

Logistics Viewpoints

SEPTEMBER 7, 2022

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. Do I need more inventory? All those different variables go into helping us reduce the risk in a product line.” But I was skeptical.

Supply Chain Software 125

Supply Chain Software Supply Chains Optimal Sourcing Procurement Solutions 125

Logistics Bureau

AUGUST 1, 2022

Often, in our experience, the problem is a human one… It’s not the data, not the process, not the technology, or the strategy, but the people. 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. Your distribution strategy too, will have a bearing on network optimisation.

Supply Chain Design Software 98

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

Ship Monk

AUGUST 2, 2023

A product category like apparel, for example, has too many subcategories to be considered a niche. If you don’t have anything unique to talk about, then perhaps you should reconsider your product strategy. If you’re already knee deep in design iterations and fulfillment provider RFPs, we hope you’ve already gone through this exercise.

eCommerce 52

eCommerce Material Savings Cost Reduction Inventory Reduction 52

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

Logistics Bureau

JULY 18, 2018

Looking to real-life examples for inspiration, we can ask, ‘Who does reverse logistics well?’ They may recall inventory from retailers or reprocess it because it has passed its sell-by date or demand is insufficient. A plan is necessary, possibly based on one of the following strategies. A plan is necessary.

Reverse logistics 49

Reverse logistics Vendor Strategies Logistics Network Optimization Software Inventory Reduction 49

Logistics Viewpoints

AUGUST 9, 2022

While consumers may see some short-term benefit in the form of discounted goods, many retailers have had to reset investor expectations , reflecting the expected hit on margins from carrying so much inventory. Inventory management is challenging enough in normal times. So, what is it going to take to enable better inventory management?

Inventory Reduction 136

Inventory Reduction Supply Chain Planning Software Supply Chain Design Software Inventory 136

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

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? For example, drivers are expected to arrive on time, maintain docking schedules, and avoid dead time.

Data 91

Data Vendor Strategies Logistics Network Optimization Software Expense Reduction 91

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. Slotting is all about optimising the placement of warehouse SKUs to gain efficiency , increase productivity , and reduce operational costs.

Production 92

Production Inventory Reduction Cost Reduction Resource Reduction 92

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

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. . As Irma Gilbert, business development manager at Liverpool-based technology start-up Connect 4.0

Supply Chain Design Software 54

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

GlobalTranz

DECEMBER 1, 2015

this exercise helps retain mobility in the damaged joints". An employee may upload a corporate presentation from his or her desktop PC to a cloud storage service, then access it from a personal iPad to show at a client site, for example. Salesforce.com is a perfect example of enterprise mobility. mōˈbilədē/. noun: mobility.

Supply Chain Design Software 54

Supply Chain Design Software Supply Chain Software Modeling Software Inventory Reduction 54

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

Talking Logistics

JUNE 29, 2017

The first one arrived a few years ago when a growing number of companies started treating supply chain design as a continuous business process instead of a standalone project or a once-a-year exercise. As an example, a heavy equipment manufacturer used SupplyChainPlanning.com to create a collaborative planning app with its dealers.

Supply Chain Design Software 36

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 36

Automotive Logistics

APRIL 1, 2019

By way of example, Walker said that when carrying out penetration testing on companies to assess their vulnerability, his favourite method was to go through the heating, ventilation and air conditioning (HVAC) systems of a location to get into the corporate network. As Walker put it, the ‘attack surface’ is getting bigger all of the time.

Supply Chain Design Software 56

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Security 56

Conger

JULY 28, 2022

Warehouse safety includes the regulatory guidelines, actions, and best practices that help reduce injuries, provide workers with a safe environment, and reinforce safe behavior. Thus, focusing on warehouse safety helps reduce and prevent these risks as well as the accompanying fallout that goes with them. 15 Warehouse Safety Tips.

Tips 52

Tips Material Savings Training Materials Handling 52

Logistics Bureau

MAY 31, 2021

Let’s begin with a look at why, in general, retailers with multiple sales channels are more likely to experience difficulties in reducing cost-to-serve. 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. High Cost to Serve: It’s an Omnichannel Problem.

Cost Reduction 117

Cost Reduction Purchasing Skills Expense Reduction Inventory Reduction 117

Logistics Viewpoints

JANUARY 13, 2022

As organizations look for reducing dependencies on concentrated sources of supply, Eastern Europe, Mexico, and South Asian countries will start providing viable alternatives to the current manufacturing powerhouse countries. American Supply Chain Resilience Act and the German Supply Chain Act are just two examples of this.

Supply Chain Design Software 144

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 144

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. On the more traditional side, evaluating where and how to position inventory to serve both online and brick-and-mortar retail customers is a big logistics issue. That’s supply chain.

Supply Chain Design Software 40

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

Infosys Supply Chain Management

FEBRUARY 8, 2012

Let us take an initiative such as Inventory Optimization as an example. Somewhere along the year-long journey of cataloging requirements and assessing gaps, inventory optimization takes a SKU rationalization flavor and the goal turns to the avoidance of SKU proliferation. Instance Consolidation Strategy. Follow us on.

Supply Chain Planning Software 34

Supply Chain Planning Software Optimal Sourcing Supply Chain Software Supply Chains 34

SYSPRO Smarter ERP

AUGUST 22, 2022

With the volatile markets, offshore price cutting and increasing customer demands for quality, speed and customization, metal fabricators have had to become more innovative and adopt technology solutions to maintain competitive advantage. Challenge: The supply of raw materials and achieving optimum inventory levels.

Supply Chain Design Software 105

Supply Chain Design Software Manufacturing Procurement Optimization Software Optimal Sourcing 105

Infosys Supply Chain Management

NOVEMBER 1, 2011

The state of product demand planning and inventory management among retailers becoming more advanced. an example, electronics retailer Best Buy has augmented its online assortment by 20,000 items.Similarly, Target and Wal-Mart and other general merchandise retailers have boosted their online capabilities and product offerings.

Supply Chain Planning Software 30

Supply Chain Planning Software Supply Chain Software Eliminating Excel in Purchasing Supply Chains 30

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. This alone will have a tremendous impact on the industry.

Supply Chain Planning Software 64

Supply Chain Planning Software Supply Chain Software Supply Chains Trends 64

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. In the first instance, you could reduce CTS and increase profit, without upsetting the customer.

Purchasing Skills 88

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