Locus

MARCH 27, 2024

On one hand, they’re battling shrinkage, which includes inventory losses from both operational slip-ups and theft. Geocoding drastically cuts down on the headache of reattempted deliveries on these unclear by accurately locating unclear addresses, thereby saving costs and boosting customer satisfaction. Pretty daunting, right?

Cost Reduction 52

Cost Reduction Inventory Reduction Expense Reduction Resource Reduction 52

The Logistics of Logistics

MAY 6, 2022

5 Trends Shaping Logistics with Ben Gordon. Ben Gordon and Joe Lynch discuss 5 trends shaping logistics and supply chain. In the interview, Ben reviews and discussed trends and interesting companies in ecommerce, final mile, cold chain, reverse logistics, and fulfillment. Learn More About the 5 Trends Shaping Logistics.

Trends 292

Trends Logistics Network Optimization Software Supply Chain Software Reverse logistics 292

Logistics Viewpoints

FEBRUARY 3, 2022

Supply shortages resulting in empty shelves or parking lots of WIP inventory represent a spectre causing supply chain leaders to reconsider supply chain inventory practices. Opinion of just-in-time (JIT) as a practice has taken a battering and inventory is rising. Is supply chain inventory the problem?

Inventory Reduction 174

Inventory Reduction Supply Chain Planning Software Supply Chain Design Software Inventory 174

3PL Links

MAY 3, 2023

Improving Supply Chain Visibility: The Impact of Data Strategy | Image source: Pixabay A business-contextualized data approach is crucial for boosting supply chain visibility, especially during downturns. Read also: Revolutionizing the Industry: Discover the Top 3 Logistics Trends for 2023! What are the company’s goals?

Sourcing Strategies 62

Sourcing Strategies Inventory Reduction Material Savings Cost Reduction 62

Blue Grace Logistics

APRIL 1, 2024

It can be a direct reflection of current market trends, as many publicly traded companies operate within the global supply chain. In an era where resilience and adaptability are key to survival, technology has become the bedrock upon which supply chain professionals build their strategies.

Optimal Sourcing 118

Optimal Sourcing Supply Chain Software Optimization Software Supply Chain Planning Software 118

EazyStock

JANUARY 27, 2021

2021 Supply Chain and Inventory Management Trends for the US. Here we are, one year later, trying to determine the 2021 supply chain and inventory management trends to adopt. With that in mind, here are a few trends for 2021 that could help your business outlast the pandemic: Supplier Diversification. Automation.

Supply Chain Software 96

Supply Chain Software Supply Chain Planning Software Inventory Reduction Supply Chains 96

Ship Monk

JANUARY 9, 2024

We can’t predict when joggers will go out of style (never, we hope) but we are pretty good at predicting ecommerce trends. Here are a few of the trends we think are going to be big in 2024. In 2024, we expect to see more brands moving from a multichannel strategy to create an omnichannel experience for their customers.

eCommerce 91

eCommerce Trends Optimization Software Optimal Sourcing 91

GoShip Blog

DECEMBER 29, 2022

Fortunately, there are effective strategies you can employ to reduce your e-commerce store’s shipping costs. However, you do not need to send thousands of packages monthly to enjoy these price reductions. There are various digital shipping platforms you can use to access discounts and reduce logistics costs.

Cost Reduction 52

Cost Reduction Price Reduction Inventory Reduction Negotiating Skills 52

Supply Chain Brain

MARCH 24, 2021

Join Melissa O’Keefe, Group Director of Product & Innovation for E-commerce at Ryder, as she unveils how businesses of any size can shift supply chain strategies and excel with e-commerce fulfillment. During the webinar, you’ll learn: E-commerce trends and the impacts to your supply chain.

Inventory Reduction 73

Inventory Reduction Strategy Webinar Supply Chains 73

Camelot 3PL Software

NOVEMBER 10, 2023

To stay competitive in this dynamic industry, 3PL warehouses need innovative marketing strategies to attract new customers and retain existing ones. Start a blog on your website that discusses relevant topics such as supply chain optimization, inventory management, and the latest trends in logistics.

Material Savings 52

Material Savings Inventory Reduction Cost Reduction 3PL 52

The Logistics of Logistics

APRIL 10, 2021

5 Trends Shaping Logistics with Ben Gordon. Ben Gordon and Joe Lynch discuss 5 trends shaping logistics and supply chain. In the interview, Ben reviews and discussed trends and interesting companies in ecommerce, final mile, cold chain, reverse logistics, and fulfillment. Learn More About the 5 Trends Shaping Logistics.

Trends 221

Trends Logistics Network Optimization Software Supply Chain Software Reverse logistics 221

Logistics Viewpoints

JUNE 29, 2023

Configure to Order: This strategy involves customizing standard products based on customer specifications. Here is a summary of the key supply chain characteristics of each of the manufacturing strategy and how it impacts collaboration with suppliers.

Manufacturing Procurement 111

Manufacturing Procurement Procurement Analytics Inventory Reduction Material Savings 111

FW Logsitcs

OCTOBER 10, 2023

In today’s fast-paced business world, effective and efficient inventory management is critical to any successful third-party logistics warehouse operation. Efficient inventory management in a 3PL warehouse ensures a steady flow of goods, improves overall operational efficiency, and reduces costs.

Optimization Software 52

Optimization Software Inventory Reduction Supply Chain Planning Software Inventory 52

Logistics Viewpoints

JUNE 1, 2023

That’s why staying on top of the latest supply chain planning trends is so important – they can make all the difference when it comes to staying competitive, reducing costs, and meeting your customers’ needs. Here are some highlights from these trends in 2023 and implications on supply chain planning.

Supply Chain Planning Software 115

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

GlobalTranz

FEBRUARY 18, 2022

In our recent GlobalTranz 2022 Logistics and Supply Chain Trends and Outlook white paper, our experts review some of the factors that will shape logistics in the coming year and beyond. It covers macro trends in the LTL, Truckload and Managed Transportation Service sectors and the lingering effects of the COVID-19 pandemic.

Trends 91

Trends Cost Reduction Resource Reduction Inventory Reduction 91

3PL Links

FEBRUARY 19, 2024

Image source: Flickr | Navigating Trends and Projections in Logistics for 2024 The logistics industry is always changing due to fluctuations in the market, technology advancements, and the never-ending quest for efficiency. Contact us to learn more about all that we offer.

Sourcing Strategies 48

Sourcing Strategies Trends Inventory Reduction Logistics Network Optimization Software 48

EazyStock

AUGUST 28, 2023

When it comes to inventory management, relying on gut feelings and historical data may lead to inefficiencies, missed opportunities and incorrect inventory levels. When combined with manual inventory management processes, you increase the risk of human errors, which can culminate in stockouts and overstocking.

Inventory Reduction 52

Inventory Reduction Optimal Sourcing Inventory Optimization Software 52

SYSPRO Smarter ERP

FEBRUARY 2, 2022

Manufacturers have incurred significant financial losses due to supply chain disruptions and the subsequent inventory management challenges. Companies struggling to manage their supply chains often lack data for decision making, have siloed systems and inefficient inventory management practices. AI in inventory management.

Manufacturing Procurement 105

Manufacturing Procurement Inventory Reduction Inventory Optimal Sourcing 105

Logistics Viewpoints

JULY 6, 2022

I did a little digging to find out the specifics about excess inventory, the stated causes, and the potential implications. Retailers’ Inventories – Just Keep your Returns? Unfortunately, I am unsure about the order of magnitude or the duration of these inventory mismatches. Here’s my take on the topic.

Inventory Reduction 154

Inventory Reduction Inventory Purchasing Skills Optimal Sourcing 154

MTS Logistics

DECEMBER 15, 2023

Within the project cargo sector, there is a growing trend in infrastructure development investments that are driving the demand for project cargo services. Automation and advanced cargo handling equipment in project cargo is also helping by slashing shipping times and even nearly eliminating errors.

Trends 80

Trends Cargo Supply Chain Software Logistics Network Optimization Software 80

3PL Links

APRIL 16, 2024

Image source: Wikimedia | Top 9 Technology Trends for Your Warehouse in 2024 Distribution warehouses bear a great deal of responsibility these days because of the direct impact their operations have on the customer experience. remote upkeep of every piece of inventory equipment. preserving resources, including cash and time.

Supply Chain Planning Software 48

Supply Chain Planning Software Supply Chain Software Supply Chain Design Software Optimization Software 48

3PL Links

DECEMBER 28, 2023

Top Game-Changing Logistics Trends for 2024: Redefining Global Supply Chains | Image source: Flickr Understanding logistics trends is essential for business, and trend research may help organizations of all sizes predict changes, spot areas for innovation, and remain relevant in a market that is becoming more and more competitive.

Supply Chain Planning Software 48

Supply Chain Planning Software Supply Chain Software Sourcing Strategies Trends 48

EazyStock

MARCH 4, 2021

How to Increase Inventory Turnover with Inventory Optimization. The concept of inventory optimization helps many businesses improve their inventory turnover – without damaging stock availability. The Importance of Improving your Inventory Turnover. Prioritize your inventory. Reorder smarter.

Optimal Sourcing 59

Optimal Sourcing Inventory Reduction Inventory Optimization Software 59

CLX Logistics

APRIL 22, 2024

Companies that have streamlined their supply chains experience a 15% reduction in supply chain costs, maintain inventory holdings below 50%, and achieve cash-to-cash cycles that are three times faster. [1] Inventory Management Balancing inventory levels is essential to avoid stockouts or excess stock.

Supply Chain Planning Software 98

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

GlobalTranz

OCTOBER 11, 2018

The importance of an omnichannel supply chain strategy cannot be overstated. What’s Wrong With Omnichannel Supply Chain Strategy and Customer Service? Poor performance of new offerings leads to reduced profitability, reports McKinsey & Company. Staying competitive in the omnichannel age has contributed to multiple problems.

Inventory Reduction 74

Inventory Reduction Price Reduction Cost Reduction Supply Chains 74

3PL Links

MARCH 1, 2024

8 Trends in Refrigerated Food Storage for 2024 | Image source: Flickr 2024 is anticipated to be a pivotal year for the American refrigerated food storage sector. Current conditions are being shaped by multiple trends, ranging from the pursuit of stock normalization to the increasing need for sustainable and integrated solutions.

Refrigeration 48

Refrigeration Trends Sourcing Strategies Inventory Reduction 48

GlobalTranz

MAY 8, 2018

Most of the manufacturing industries have already incorporated lean manufacturing strategies to undermine the non-additive materials from their products. The 3 Most Important Tools for Lean Manufacturing Strategies 1.) The Trends that Will Forever Shape Manufacturing in 2018 & Beyond. Download eBook.

Waste Reduction 67

Waste Reduction Inventory Reduction Cost Reduction Material Savings 67

EazyStock

AUGUST 8, 2023

Smart inventory managers plan for Chinese New Year (aka Lunar New Year) many months before the event. If you’d like to know more about how EazyStock can help you manage supplier disruptions or improve your inventory management capabilities overall, please get in touch.

Inventory Reduction 52

Inventory Reduction Inventory Resource Reduction Scenario Planning 52

SYSPRO Smarter ERP

JANUARY 29, 2024

Significant trends are emerging that manufacturers should be watching. These trends will make a difference to manufacturers internally, helping them to become stronger and more flexible to deal with future changes and disruptions. This can save administrative time for tracking items and reduce the risk of theft or losing items.

Manufacturing Procurement 52

Manufacturing Procurement Trends Supply Chain Planning Software Inventory Reduction 52

Logistics Bureau

MAY 24, 2021

Among the universal challenges that the COVID-19 pandemic has imposed upon the supply chain management profession is the question of inventory, specifically, “how much is enough?”. It wasn’t long ago that businesses were asking, “By how much can I reduce my levels of inventory?”. Let’s Start with Safety Stock.

Inventory Reduction 118

Inventory Reduction Inventory Supply Chain Planning Software Supply Chain Software 118

Conger

APRIL 1, 2024

By carefully planning and scheduling maintenance before issues arise, businesses can avoid interruptions and reduce costs associated with emergency repairs and downtime. Continue reading to learn more about this essential strategy to ensure your equipment performs optimally at all times. Let’s dive in!

Material Savings 82

Material Savings Expense Reduction Resource Reduction Cost Reduction 82

ShipLilly

AUGUST 31, 2022

Apparently, this move is designed to right-size inventory levels. Although surprising to some, the company states that it is part of a concerted and ongoing effort to align Walmart’s inventory levels with the projected demand. a rival retailer facing similar inventory challenges and adopting a similar corrective response.

Inventory Reduction 104

Inventory Reduction Inventory Ordering Cost Reduction 104

EazyStock

OCTOBER 20, 2020

Inventory Control Techniques that use Stock Optimization Best Practices. There are hundreds of inventory control blog posts on how to organize warehouses, track goods and pick and pack efficiently. Firstly, let’s get a few definitions: What is inventory control? 6 Inventory Control Techniques to Optimize Stock Levels.

Inventory Reduction 98

Inventory Reduction Optimization Software Optimization Modeling Inventory 98

Talking Logistics

SEPTEMBER 4, 2018

What is Inventory Management? For Manufacturing it’s about carrying zero or minimum inventory. For Logistics the focus is on high inventory turns. For Logistics the focus is on high inventory turns. For Management: a balancing strategy, etc…. Inventory Management: There’s No One-Size-Fits-All Approach.

Inventory Reduction 70

Inventory Reduction Inventory Logistics Network Optimization Software Cost Reduction 70

MTS Logistics

JANUARY 29, 2020

Given the current global consumer climate which has seen customers having higher expectations than ever before, supply chains are coming under immense pressure to deliver exceptional services within a reduced timeframe and at a lower cost. Sustainability. Tech Integration. Partnerships.

Cost Reduction 68

Cost Reduction Inventory Reduction Trends Logistics Network Optimization Software 68

ShipLilly

FEBRUARY 8, 2023

Questions about dealing with excess inventory Given what has happened before, it is not entirely surprising that many retailers are contending with elevated levels of excess inventory. This is a trend that is undesirable since excess inventory tends to have a detrimental effect on cash flow.

Inventory Reduction 52

Inventory Reduction Inventory Handling Price Reduction 52