FourKites

DECEMBER 11, 2020

How to calculate inventory carrying cost. How to reduce carrying cost? Using the right tools, technologies and techniques, you can drastically reduce the amount of inventory you need to have on hand to meet customer expectations and ensure productivity throughout your organization. This is your inventory holding sum.

Inventory Reduction 52

Inventory Reduction Cost Reduction Expense Reduction Resource Reduction 52

Now, That's Logistics

APRIL 13, 2021

Manufacturers that sold mostly through brick-and-mortar retail suddenly found themselves selling direct to consumers; fulfillment centers built to handle pallets had to be retrofitted to handle smaller orders; and large retailers ramped up their buy online pickup in store (BOPIS) and curbside delivery operations. Another Banner Year Ahead.

Logistics Network Optimization Software 78

Logistics Network Optimization Software Transportation Expense Reduction How To 78

GlobalTranz

APRIL 12, 2017

An inbound vendor routing guide is comparable the beating heart of your operation. It manages inbound freight, not unlike the incoming blood supply from the lungs, and pumps it out to the remainder of your supply chain. Creating an effective inbound vendor routing guide is not without its share of challenges.

Vendor Strategies 48

Vendor Strategies Inbound Cost Reduction Price Reduction 48

FW Logsitcs

JANUARY 24, 2024

Cross-docking serves as a vital tactic in this process, playing a significant role in ensuring operations stay efficient and cost-effective. Dive into the concept of cross-docking, its key components, and how it differs from traditional warehousing methods. This allows coordinated inbound/outbound schedules.

Inventory Reduction 52

Inventory Reduction Cost Reduction Vendor Strategies Waste Reduction 52

GlobalTranz

JULY 28, 2021

Managed transportation is about streamlining and centralizing the whole process of both inbound and outbound logistics, ranging from warehousing through delivery. A 3PL is a common orchestrated relationship, in which the provider is part of the day-to-day operations with frequent communications.”.

Optimal Sourcing 126

Optimal Sourcing Optimization Software Optimization Supply Chain Design Software 126

GlobalTranz

AUGUST 4, 2015

In order to optimize manufacturing operations, or really just about anything, you need to have at your fingertips the best and most accurate manufacturing metrics around. In today's post, we share 5 Golden Manufacturing Metrics that all manufacturing companies should understand to improve plant operations quality.

Manufacturing Procurement 99

Manufacturing Procurement Procurement Analytics Optimization Software Optimization 99

247 Customs Broker

APRIL 23, 2018

In my first job at Schneider, I was responsible for a segment of the maintenance and equipment operations. But I observed the process and learned a great deal about how the senior leader sets direction, creates the context for change, and leads an organization through a transformation. Ultimately, I became responsible for all of it.

Inbound 28

Inbound Transportation Logistics Network Optimization Software Logistics 28

247 Customs Broker

NOVEMBER 30, 2018

It is most beneficial to use a WMS that features capabilities for asset tracking, lot control, barcoding, and kitting as needed to meet your requirements. If your company sources from five or more vendors, either domestically or internationally, a purchase order management system will help bring discipline to your operation.

Supply Chain Design Software 28

Supply Chain Design Software Supply Chain Planning Software Logistics Network Optimization Software Optimization Software 28

Logistics Viewpoints

JUNE 8, 2021

Embracing the gig economy to bolster fulfillment allows retailers to better serve customers, differentiate themselves from competitors and operate with more agility. Even those with the necessary national footprint may be unsure about how to sequence a phased national rollout. Gig economy fulfillment setting retailers apart.

Supply Chain Planning Software 167

Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Software Negotiating Skills 167

GlobalTranz

SEPTEMBER 7, 2018

Understanding its impact on warehouse management, the benefits of two-hour delivery, and how warehouses and shippers can stay competitive will be key to continued growth in e-commerce. E-Commerce Fulfillment and Warehouse Managers Are Scrambling to Meet Customer Expectations E-commerce fulfillment is a bit of a misnomer.

Inventory Reduction 71

Inventory Reduction Supply Chain Planning Software Cost Reduction Supply Chain Software 71

Now, That's Logistics

JANUARY 20, 2022

million square meters,” said Monica Franco, Vice President of Contract Logistics Business Development & Commercial Operations, DB Schenker Americas Region. Smaller logistic operations are gravitating towards RaaS (Robots-as-a-Service) systems as a more efficient alternative.” 6 Trends to Watch. The war for talent continues.

Trends 78

Trends Supply Chain Design Software Supply Chain Software Supply Chain Planning Software 78

Ship Monk

OCTOBER 4, 2023

No matter what you’re selling in your online store, you have to ship your merchandise in bulk to a fulfillment center (what we call inbound freight shipping), and you also have to deliver orders to your end customers (what we call outbound small-parcel shipping). Unfortunately, logistics can’t be avoided if you’re an ecommerce brand owner.

Freight 64

Freight Negotiate Pricing Negotiating Skills Freight forwarding 64

FreightWaves SONAR

DECEMBER 2, 2020

For companies that have a dedicated transportation department it’s safe to assume it is where the inbound and outbound freight is controlled. Operations/Procurement. The key decision-makers typically have titles like operations manager, vice president or director of operations, and/or head of operations. .

Freight 87

Freight Logistics Network Optimization Software White Paper Vendor Strategies 87

Morai Logistics

DECEMBER 21, 2018

Customer expectation is a significant driver to the way organizations operate. According to supply chain experts, SCO enables you to make informed, conscious choices about how to serve your customers better. To ensure all consumer demands are being met, a seamless supply chain operation must be implemented. The Benefits of SCO.

Supply Chains 68

Supply Chains Optimization Software Inbound Procurement Solutions 68

Logistics Viewpoints

DECEMBER 7, 2021

Despite the epic supply chain problems, some companies have taken big steps to profitably meet consumer demand leading up to and during the busy holiday season. E-commerce order volume keeps climbing, straining carrier capacity with shippers sending more parcels outbound and receiving more returns inbound. Manufacturers also adjusted.

Price Reduction 115

Price Reduction Cost Reduction Inventory Reduction Capacity 115

Stord

JANUARY 11, 2022

These unprecedented times we’re facing have pushed many companies’ operations to the breaking point. Stord’s team works with hundreds of companies every day to drive efficiencies and optimize their operations across a range of freight, warehousing, fulfillment and packaging requirements.

Supply Chain Planning Software 78

Supply Chain Planning Software Supply Chain Software Optimization Software Optimal Sourcing 78

Logistics Viewpoints

SEPTEMBER 16, 2021

With peak shipping season approaching, companies continue to face supply chain risk as the pressure increases to meet customer and delivery expectations without adding cost. Therefore, it is easier to increase the volume of freight moving across both inbound and outbound channels. Cybersecurity Concerns Remain.

Supply Chain Design Software 130

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 130

Ship Monk

NOVEMBER 2, 2023

to Rebekah R and Kelsey S on the inbound team for their quick turnaround on a new account with a lot of intricate details. Kentucky Fulfillment Center For Thank You Thursday we recognize one of our receiving equipment operators, Yusniel MP! She deserves all our gratitude and always meets the expected goals for her and the department.

Buyer Training 64

Buyer Training Packing Inventory Examples 64

Logistics Bureau

MARCH 3, 2019

In this post, I’d like to talk about the key factors that will impact on the optimum facility network and design required to meet your warehousing or storage requirements. Think About Inbound Too. Don’t forget to consider inbound logistics. How reliable are your suppliers? Where are your suppliers located? T- Throughput.

Supply Chain Design Software 98

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

Automotive Logistics

JULY 10, 2018

Prime Minister Shinzo Abe at the second meeting of the Emergency Response Headquarters. While the flooding did not cause damage to its production plants, Mazda had to suspend operations at both the Hiroshima and Hofu plants on July 9 and 10, following the cancellation of the one-day shift on Saturday 7.

Supply Chains 45

Supply Chains Manufacturing Procurement Factories Inbound 45

GlobalTranz

OCTOBER 16, 2015

So we thought we would impart upon all the shippers out there some tips on how to reduce overall costs for effective LTL Procurement. Saving money on less-than-truckload or LTL procurement is a laudable goal, except when operational problems eclipse savings gains. Meet with senior operations personnel at each contracted carrier.

Negotiating Skills 90

Negotiating Skills Price Reduction Optimal Sourcing Cost Reduction 90

GlobalTranz

SEPTEMBER 28, 2016

and/or capabilities of the supplier and meet companies' short- and/or long-term supply needs. It is important to note that the above focus does not take into account short-term efforts to improve cost, quality or delivery issues with supplier(s) to meet companies’ expectations. How to Track Performance. 50% improvement) min.

Supply Chain Planning Software 89

Supply Chain Planning Software Supply Chain Software Supply Chains Scenario Planning 89

GlobalTranz

MAY 25, 2018

Warehouse managers must understand why changes of standards and use of the Internet of Things (IoT) are needed and how smart warehouses can meet the demands of today and tomorrow. For example, auto-lighting LEDs, RFID, and handheld scanners can help pickers ensure the right item is picked every time.

Inventory Reduction 50

Inventory Reduction Supply Chain Planning Software Inventory Supply Chain Software 50

Logistics Bureau

MAY 8, 2023

In many cases, quite rightly so. But that view often results in an understaffed and undermanaged approach to supply chain operations. You know, the person who receives the retail store’s inbound deliveries, the office administrator, or the guys and girls in the reception.

Negotiating Skills 62

Negotiating Skills Cost Reduction Resource Reduction Price Reduction 62

Logistics Bureau

MAY 30, 2022

In this post, we explain what those pillars are, why they matter, and how to align them in a way that supports supply chain management excellence. Aligning strategy, service, and financial factors in your supply chain operation is essential to support your company’s overall business strategy , mission, and objectives.

Inventory Reduction 112

Inventory Reduction Cost Reduction Price Reduction Supply Chain Planning Software 112

GlobalTranz

FEBRUARY 12, 2018

On this position, you’d be managing all activities for purchasing raw materials, delivering them to the right point across the organization, making sure the organization is producing enough supply to meet the demand of the audience, and deliver the product to the right place at the right time. You want to meet those standards?

Supply Chain Planning Software 70

Supply Chain Planning Software Supply Chain Software Negotiating Skills Supply Chains 70

GlobalTranz

JANUARY 23, 2015

Both industrial engineering and operations research have their roots in logistics. Fredrick Taylor, who wrote The Principles of Scientific Management in 1911 and is considered the father of industrial engineering, focused his early research on how to improve manual loading processes. History of Supply Chain Management: Roots.

Supply Chain Planning Software 134

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 134

GlobalTranz

JULY 26, 2017

While its origin focused on improving outbound shipping practices, today’s systems can leverage both inbound and outbound operations to create a unique business strategy. You need better insight into what products will sell, and how to make the per-product overhead cost as close to zero as possible. Compliance.

Supply Chain Design Software 49

Supply Chain Design Software Supply Chain Software Logistics Network Optimization Software Cost Reduction 49

WorkWave

OCTOBER 29, 2020

The WorkWave User Conference is always an exciting time of year, giving users the opportunity to meet with the WorkWave team directly, attend a wide range of informative sessions, network with their peers in the industry, and have plenty of fun along the way. Time To Read: 4 minutes.

Conference 98

Conference Resource Reduction Events Training 98

GlobalTranz

OCTOBER 11, 2017

However, growing demand for an omnichannel shopping experience, reflecting a seamless integration across multiple shopping channels, will require shippers rethink traditional last mile delivery logistics and understand how to address its complex pain points. Why Last Mile Delivery Logistics Are Critical to Omnichannel Supply Chains.

Cost Reduction 56

Cost Reduction Resource Reduction Price Reduction Logistics Network Optimization Software 56

Triskele Logistics

MAY 27, 2018

Inbound logistics, operations, outbound logistics, marketing and sales, and service are primary activities that often hold undiscovered value. Going into more depth, supplier relationships, operational systems, communication, and support are areas where companies can increase their value added.

Waste Reduction 40

Waste Reduction Supply Chain Software Inventory Reduction Cost Reduction 40

Morai Logistics

FEBRUARY 15, 2018

From autonomous vehicles to Smart homes, companies must strive to meet the growing need of immediacy. The supply chain and logistics industry continues to monitor the impact digitization has on current and future production, operations and the overall management of transport. How Does a TMS Come Into Play?

Supply Chain Software 60

Supply Chain Software Optimization Software Optimal Sourcing Modeling Software 60

Trinity Logistics

APRIL 12, 2022

With a Technology Team of over 100 Team Members, they work around the clock to provide you with technology resources designed to meet your specific needs. Facility Design is the process of considering new construction via greenfield facility sites or the re-purposing of an existing operation. Private Label Food. COMMUNICATION.

Supply Chain Planning Software 104

Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Design Software Supply Chain Software 104

GlobalTranz

NOVEMBER 11, 2015

We are all now familiar with the concept of the Internet of Things and if you take the manufacturing industry, for example, many manufacturers are now widely operating in an increasingly connected environment and making the most of the Industrial Internet of Things. Are you a target for hackers? Why Penetration Testing is Important.

Security 92

Security Networks Picking Webinar 92

Ship Monk

SEPTEMBER 8, 2023

And your willingness to go the extra mile has greatly benefited our operations. Your work ethics are so impressive, you all really know how to GET SH*T DONE and we are so proud to be your leaders! She is a key piece in our picking operation. You’re always doing everything you can to meet goals every day.

Replenishment 64

Replenishment Outbound Sourcing Strategies Buyer Training 64

Logistics Bureau

OCTOBER 10, 2022

These are all pervasive issues for supply chain operators worldwide—and are classic symptoms of suboptimal inventory performance. How to Improve Forecast Accuracy for Optimal Inventory. How to Calculate Economic Order Quantity. How to Reduce Minimum Order Quantities. Too much inventory in your distribution network?

Inventory Reduction 114

Inventory Reduction Inventory Optimization Modeling Optimization Software 114

GlobalTranz

MARCH 30, 2016

As explained by Joseph O’Reilly of Inbound Logistics , value-added services are actually also known as fourth-party logistics providers or 4PLs. As a result, the cost of operating increases with each renewal of a collaborative effort between logistics service providers and shippers.

Collaboration 54

Collaboration Logistics Network Optimization Software Purchasing Skills Buyer Training 54