GlobalTranz

OCTOBER 5, 2018

An omnichannel retail strategy is the new norm in today’s supply chains. Therefore, an omnichannel retail strategy must become the new standard business model for companies wanting to remain competitive. Follow examples of major brands that have implemented best-in-class omnichannel retail strategies. In fact, 78% of U.S.

Modeling Software 78

Modeling Software Sourcing Strategies Cost Reduction Supply Chain Planning Software 78

GlobalTranz

AUGUST 17, 2015

A vigorous supplier relationship management (SRM) strategy can assist organizations in maximizing partnership value, minimize risk, and manage costs through the entire supplier relationship lifecycle. A comprehensive supplier management strategy helps organizations arrange suppliers based on different tiers of importance and reliability. .

Sourcing Strategies 98

Sourcing Strategies Price Reduction Vendor Strategies Cost Reduction 98

Logistics Viewpoints

AUGUST 16, 2023

It’s good to see these companies recognizing the impact of climate change, and changing their policies, sourcing, and manufacturing practices to reduce emissions. These come from using gasoline for driving a car or coal for heating a building, for example. Agriculture, oil and gas operations are major sources of methane emissions.

Supply Chains 123

Supply Chains Resource Reduction Manufacturing Procurement Sourcing Strategies 123

Logistics Viewpoints

APRIL 10, 2024

For example, a robust supply chain may have backup power generators, firewalls, security systems, and emergency plans to prevent or mitigate the effects of disruptions. For example, an agile supply chain may have real-time data, advanced analytics, decision support tools, and cross-functional teams to monitor, diagnose, and solve problems.

Supply Chain Planning Software 150

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 150

WorkWave

AUGUST 25, 2022

These leads can be qualified or unqualified, coming from various sources. Targets will help you create a more direct and effective strategy and ensure that you’re not wasting time or resources on unrelated efforts. As an HVAC business owner, geotargeting emails can be a great marketing strategy. Easy Website Navigation.

Resource Reduction 52

Resource Reduction Waste Reduction Cost Reduction Sourcing Strategies 52

Locus

MAY 25, 2022

Take last-mile deliveries for example. Here are seven key strategies that they have used to make it happen. Source: statista.com. Example: An operation manager manages order fulfillment for two different delivery zones — Zone A and Zone B. Time to bring your strategies into action using a dispatch management platform!

Sourcing Strategies 52

Sourcing Strategies Inventory Reduction Cost Reduction Strategy 52

Logistics Viewpoints

AUGUST 15, 2022

GEP and the North Carolina State University (NCSU) Supply Chain Resource Cooperative surveyed supply chain, procurement and IT professionals across a range of industries to gain insight into their priorities and strategies regarding supply chain resilience and optimization. For example, are you still a minority owned company?

Manufacturing Procurement 131

Manufacturing Procurement Procurement Analytics Optimal Sourcing ERP 131

Logistics Viewpoints

APRIL 1, 2021

Here are some examples of such use cases. Building optionality in the supply chain through collaborative sourcing: Supply chain teams can proactively identify choke points within the existing network by leveraging emerging technologies such as digital twins and advanced analytics, and modeling their end-to-end supply chains.

Optimal Sourcing 113

Optimal Sourcing Manufacturing Procurement Procurement Analytics Supply Chain Planning Software 113

CH Robinson Logistics

DECEMBER 15, 2021

However, with this year’s volatility, I was also given a front-row seat to a new level of hyper collaboration – including individuals going out of their way to help each other, more strategy sessions between shippers and forwarders, and continually leaning into historical data and current market insights to find smarter solutions.

Sourcing Strategies 90

Sourcing Strategies Global logistics Cost Reduction Inventory Reduction 90

The Logistics of Logistics

MARCH 13, 2021

Sourcing Strategy: Effective vs Efficient with Ron Crabtree. Joe Lynch and Ron Crabtree discuss sourcing strategy: effective vs efficient. When developing a sourcing strategy, the focus can be effectiveness (gaining desired results) or on efficiency (reducing cost, labor, and resources used). Ron Crabtree.

Sourcing Strategies 195

Sourcing Strategies Inventory Reduction Resource Reduction Price Reduction 195

GlobalTranz

APRIL 20, 2021

A resilient supply chain incorporates alternative sources, carriers, routes, and other characteristics so that it can flex in response to a situation. Large companies with a supply chain risk strategy already in place couldn’t fully cope with the impact of the pandemic. Tips For Building Supply Chain Resiliency.

Supply Chain Planning Software 115

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

Logistics Viewpoints

OCTOBER 3, 2022

In warehouses, for example, one solution is labor management. For example, the auto industry embraced risk management after the nuclear disaster at Fukushima. For example, the auto industry, which lost billions because of the semiconductor chip shortage, had suppliers that could not get the chips they needed for their products.

Supply Chain Software 172

Supply Chain Software Supply Chains Sourcing Strategies Optimal Sourcing 172

Logistics Viewpoints

JANUARY 18, 2024

1) Streamlined Data Flow and Process Automation Is all about AI At the heart of effective supply chain automation lies the seamless flow of data across various sources and digital platforms, akin to a well-constructed highway for data. Supporting optimal strategies for inventory investment and allocation to support your sustainability goals.

Supply Chain Software 148

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

Logistics Viewpoints

APRIL 7, 2022

As an example, a major retailer whose market presence is in the Americas realized that several of their shipments that originate in China pass through Russia to make their way to the west and are now subject to shipment backlogs. Some may have believed themselves to be immune at one point, but now their perspective is shifting.

Supply Chain Design Software 143

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 143

Logistics Viewpoints

DECEMBER 2, 2021

Importers will look for near-term strategies to move their shipments away from congested trade lanes or process containers further inland to minimize the impact of lead time variability that has dramatically increased in 2021. Online buying will fuel home delivery growth, challenges and new strategies.

Waste Reduction 187

Waste Reduction Cost Reduction Inventory Reduction Resource Reduction 187

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? As you can deduce from Amazon’s example, there is no standard for an optimal warehouse layout.

Inventory Reduction 87

Inventory Reduction Eliminating Excel in Purchasing Inventory Waste Reduction 87

SYSPRO Smarter ERP

MARCH 28, 2024

It is a modern business strategy that lets company staff make decisions based on facts instead of biases. The ERP system as a primary data source is valuable for analysts so they can find out what a data item means and where to get it. Identifying fast-moving products and removing slow sellers, ensuring you stock what customers want.

Manufacturing Procurement 52

Manufacturing Procurement Data Supply Chain Planning Software Optimal Sourcing 52

Logistics Viewpoints

OCTOBER 10, 2022

Risk management solutions scrape data from hundreds of thousands of online & social-media sites, but Autoliv also has access to sources of information that they pay for. They wanted these diverse sources of information pulled together in one central, user-friendly location they call their “garage.” And we are making progress.

Supply Chain Planning Software 134

Supply Chain Planning Software Supply Chain Software Supply Chains Optimal Sourcing 134

Logistics Business Magazine

NOVEMBER 30, 2023

Today, CPOs from Kantar, a global data, insights and consulting company, and Permanent TSB (PTSB), a provider of personal financial services in Ireland, are among some of the organisations using the technology to deliver their sustainability strategies. Meanwhile, Kantar is using the CarbonCube® to accelerate its carbon reduction strategy.

Supply Chain Software 49

Supply Chain Software Supply Chains Sourcing Strategies Procurement 49

Freightos

APRIL 25, 2024

Despite the reduced customs costs, both companies are likely shipping by air at a loss—a sustainable strategy for their coffers but one that majorly impacts supply chain organizations reliant on the same volumes. Source: Freightos Air Index The Commercial and Ethical Impact Beyond the underlying costs, U.S.

Cost Reduction 88

Cost Reduction Cargo Price Reduction Resource Reduction 88

Logistics Viewpoints

JUNE 20, 2022

Mr. Bailey has worked most of his career at VF – as an industrial engineer in facilities, in strategic sourcing, running offshore operations, and now as the person in charge of the company’s entire supply chain. VFC’s supply chain sourced over 410 million units of apparel, footwear, and accessories in their last fiscal year.

Supply Chain Planning Software 126

Supply Chain Planning Software Supply Chain Software Manufacturing Procurement Supply Chains 126

3PL Links

DECEMBER 2, 2022

Everything You Need to Know About Inbound Logistics | Source: Picpedia. Strategies for efficient inbound logistics that you can use in your business. Inbound Logistics Strategies. Everything You Need to Know About Inbound Logistics | Source: Picpedia. Examples of Inbound Logistics Strategies.

Inbound 62

Inbound Sourcing Strategies Material Savings Inventory Reduction 62

Now, That's Logistics

JANUARY 7, 2021

During a year when e-commerce sales skyrocketed, the global pandemic impacted supply chains around the globe, and transportation capacity contracted across most modes, while companies worked to get their logistics strategies realigned with this “new normal” operating environment. Two Big Players: E-com and Health Care.

Sourcing Strategies 122

Sourcing Strategies Trends Manufacturing Procurement Logistics Network Optimization Software 122

Logistics Viewpoints

AUGUST 14, 2023

Nevertheless, the argument that trade compliance is complementary to a company’s overall tax strategy certainly makes sense to many companies. The large fines above are examples of this class of penalties. For example, the U.S. In many companies, the legal department also rolls up to finance.

Compliance 105

Compliance Supply Chain Design Software Supply Chain Planning Software Sourcing Strategies 105

SYSPRO Smarter ERP

NOVEMBER 14, 2022

Below are four recalibration tactics decision-makers looking to adopt a growth mindset should consider integrating into their strategies to drive growth and maintain relevance now and in the future. This saves users millions in operational costs and helps build a stable, sustainable supply source. Entering the digital economy.

Manufacturing Procurement 116

Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 116

SYSPRO Smarter ERP

APRIL 18, 2022

Longstanding weaknesses in the supply chain like port infrastructure, outdated supply chain strategies and impacts of natural disaster and wars have all further affected global supply chains. It is, therefore, extremely difficult to secure new sources of supply in a timely manner. Collaboration for transparency and profitability .

Manufacturing Procurement 124

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software ERP 124

3PL Links

FEBRUARY 13, 2023

How to Innovate Your Supply Chain Management: What You Need to Know | Image Source: Axestrack Organizations must prioritize supply chain management and implement strategies to increase its efficiency if they want to compete in the market. Ikea’s packaging design is a well-known example to help with this matter.

Supply Chain Design Software 62

Supply Chain Design Software Optimal Sourcing Supply Chain Design Supply Chain Software 62

Material Handling and Logistics

DECEMBER 14, 2018

Learn how to organize your data operations in alignment with supply chain strategy. It arrives from an array of sources, and it is presented in a variety of formats. As another example, airlines can analyze long-term weather patterns at their destination cities and gain insights that have a significant impact on logistics operations.

Supply Chain Software 166

Supply Chain Software Optimal Sourcing Supply Chains Sourcing Strategies 166

Logistics Viewpoints

NOVEMBER 10, 2021

I was familiar with GXO as the former logistics segment of XPO and knew about select examples of its warehouse automation investments. But I was not well-informed on the breadth and depth of the company’s warehouse technology investments or the overarching technology strategy. Source: GXO Logistics Q3 2021 Investor Presentation.

Logistics Network Optimization Software 131

Logistics Network Optimization Software Modeling Software Tips Cost Reduction 131

247 Customs Broker

MARCH 26, 2018

I was having lunch with a friend of mine who had recently conducted a transportation sourcing event. There are plenty of companies using a flawed process in conducting their transportation sourcing events. As the VP of Sales for a large national truckload carrier recently told me, “Today, our negotiation strategy is indifference.

Optimal Sourcing 28

Optimal Sourcing Sourcing Strategies Negotiating Skills Negotiate Pricing 28

Locus

DECEMBER 7, 2021

A prime example is how governments in the Middle East have begun to rethink food security targets after the disruptions to their food supply chains. Presently, their major focus lies on local production, warehousing and strategic sourcing. For example: poor quality, high costs, high lead time, supplier communication.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 52

3PL Links

OCTOBER 30, 2023

Revolutionizing Retail: The Power of Micro-Fulfillment Centers | Image source: Pexels With all of the changes and technical improvements in logistics, particularly in the e-commerce and retail industries, there has been a need to adjust standards, demonstrating the necessity to think outside the confines of a distribution center or warehouse.

Optimal Sourcing 48

Optimal Sourcing Cost Reduction Sourcing Strategies Supply Chain Software 48

Logistics Business Magazine

MARCH 7, 2023

Following the warehouse in Pleasant Prairie, Wisconsin, four distribution centres located in Louisville, Kentucky, and one in Valencia, California, now also obtain electricity from renewable sources. The logistics centre, for example, was designed with a reflecting roof that absorbs only a small amount of direct sunlight.

Sourcing Strategies 61

Sourcing Strategies Networks Resource Reduction Purchasing Skills 61

Logistics Viewpoints

JULY 22, 2021

As product flows rapidly shifted and hard baked assumptions about lead times and sourcing locations were put to test, users across many organizations bypassed their planning systems and turned to excel sheets, internal data science teams or non-traditional supply chain vendors who could deliver AI based solutions at a faster turn.

Supply Chain Planning Software 146

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

Stord

MARCH 5, 2019

For example, speakers from Walmart and Best Buy shared how they they gained better freight visibility and created a shorter returns cycle. They explained the new sourcing and transportation strategies they adopted in response to these events.

Conference 78

Conference Waste Reduction Optimal Sourcing Resource Reduction 78

Logistics Business Magazine

MAY 24, 2023

We are delighted to be back at TOC Europe to share our latest innovations that bring advanced power sources to port equipment and help support businesses with their zero-emission strategies,” says Jan-Willem van den Brand, Director Global Market Development at Hyster.

Cost Reduction 53

Cost Reduction Sourcing Strategies Material Savings Sourcing 53

Logistics Viewpoints

NOVEMBER 21, 2022

Because of the food giant’s size, their sustainability strategy also is very broad. Scope 1 emissions include direct emissions from the company’s owned and controlled sources. Supplier relationships need to move from transactional deals to true sourcing partnerships with their most important suppliers.

Food and Agriculture 113

Food and Agriculture Supply Chain Planning Software Supply Chain Design Software Purchasing Skills 113