Remove Exercises Remove Production Remove Strategy Remove Tools
article thumbnail

Supply Chain Design: A Tool to Help Maximize Value

Logistics Viewpoints

Moreover, this exercise might need to be repeated several times depending on how the war proceeds. Do we have a demand forecasting tool in place and, if so, how good is that forecast? At the same time, another company might have twenty suppliers with similar pricing strategies, who supply the same raw material.

article thumbnail

Warehouse Product Slotting: The Ultimate Guide

Logistics Bureau

If you browse through the Logistics Bureau blog, you’ll find at least two or three articles—and about the same number of videos—that cover warehouse product slotting. So here it is—your ultimate guide to warehouse product slotting. What is Product Slotting. As this is an “ultimate” guide, we’ll start with the basics.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Cost-To-Serve Analysis Should be Core Planning Tool

Logistics Business Magazine

The hidden costs “Whether determining channels to market, or setting up or revising fulfilment and distribution strategies, the retailer needs a deep understanding of where the Costs-To-Serve are generated, how these vary across orders, and what actions can be taken to improve profitability on every order,” Adcock says.

article thumbnail

Supply Chain Optimization: Leveraging Integrated Scenario Planning as a Margin Multiplier

Logistics Viewpoints

APS are complex, live production environments requiring extensive configuration to accurately model a business’s operational reality. This involves setting up numerous parameters like lead times, inventory levels, production capacities, and demand forecasts, all of which must be adjusted for different scenarios. Nari Viswanathan is Sr.

article thumbnail

BD Achieves End-to-End Supply Chain Visibility

Logistics Viewpoints

Mr. Nelson points out that it is possible for a sourcing problem deep in a supply chain to halt production for BD. BD has about 5000 suppliers that are delivering, components and materials that go into their products. Some of BD’s products are critical healthcare products. BD is a big company with a very big supply base.

article thumbnail

Cost to Serve Analysis—And the Costs of Neglecting It

Logistics Bureau

Potential Factors in Declining Margins To get to the root of the problem, understanding the costs of production or purchasing will be a necessary starting point, but typically, more information will be needed. We’ll begin with a look at pricing strategy. Do You Lack Confidence in Your Pricing Strategies?

article thumbnail

4 tips to reduce cargo damage and save money on shipping costs

Shipping and Freight Resource

Shipping damage is a massive threat to any products that travel on the supply chain. As per a Statista survey, eighty per cent of consumers say they’d return a product they received that was damaged in shipping. With the right packaging, strategy, and tools, you can cut shipping costs by as much as 60%.