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 146

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Scenario Planning 146

Logistics Bureau

JANUARY 9, 2019

Supply chain strategy is critical to business success, but companies often underestimate its importance and hence pay it less leadership attention than other areas of operation. Supply Chain Strategy. In other words, the majority did not recognise the need for close alignment between supply chain and general business strategies.

Supply Chain Design Software 118

Supply Chain Design Software Supply Chain Design Inventory Reduction Cost Reduction 118

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

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 113

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 113

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

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

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

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 134

Inventory Reduction Supply Chain Planning Software Supply Chain Design Software Inventory 134

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

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

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? But I was skeptical. It is not enough to have data; you need the right kind of data!

Supply Chain Software 123

Supply Chain Software Supply Chains Optimal Sourcing Procurement Solutions 123

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

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

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

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

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. Therefore, any slotting strategy should focus on minimising such travel. However, sometimes different approaches are necessary.

Production 92

Production Inventory Reduction Cost Reduction Resource Reduction 92

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. . In addition, we’ve also incorporated VR into our training strategy.

Supply Chain Design Software 54

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

Conger

MAY 6, 2019

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. It was difficult to stock and exercise first-in first-out rules. Inventory in the system was never accurate. These products where billed in.25

Waste Reduction 59

Waste Reduction Inventory Reduction Material Savings Sourcing Strategies 59

Logistics Viewpoints

JANUARY 13, 2022

Understanding and assessing the tradeoffs between the costs of labor, inventory, transportation, and carbon footprint while going through these pivots will be crucial. American Supply Chain Resilience Act and the German Supply Chain Act are just two examples of this. Supply Chain Design is essential in tackling these.

Supply Chain Design Software 142

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 142

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

Conger

MAY 6, 2019

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. It was difficult to stock and exercise first-in first-out rules. Inventory in the system was never accurate. These products where billed in.25

Waste Reduction 40

Waste Reduction Inventory Reduction Material Savings Sourcing Strategies 40

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

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. Categories.

Supply Chain Planning Software 34

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

Logistics Bureau

MAY 31, 2021

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. The above examples reflect costs that include picking, packing, and last-mile delivery. The list above is not exhaustive but merely provides some notable examples of cost drivers.

Cost Reduction 117

Cost Reduction Purchasing Skills Expense Reduction Inventory Reduction 117

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

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. Knowing your CTS per product and per customer also lets you better control different commercial strategies.

Purchasing Skills 88

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