GlobalTranz

JULY 12, 2016

A Director of Operations, Warehouse Director or Manager, or even the Director of Supply Chain or Logistics, are always in the pursuit of continuous improvement as well as warehouse cost savings in both time and money. 5 Key Areas to Focus on in the Pursuit of Warehouse Cost Savings.

Material Savings 120

Material Savings Cost Reduction Strategies Waste Reduction Optimal Sourcing 120

ShipBob

FEBRUARY 6, 2023

Good warehouse management relies heavily on visibility and coordination as well as strategic planning. To make this happen, businesses need to take advantage of technology solutions that allow them to seamlessly share data, communicate, and execute different warehousing tasks. What is warehouse technology? Let’s get started.

Inventory Management Software 52

Inventory Management Software Supply Chain Planning Software Optimization Software Predictive Analytics Software 52

Logistics Viewpoints

OCTOBER 19, 2023

When the 3PL driver delivered it a few months later he noticed it was damaged and submitted a request for a replacement. Multiple calls only muddied the waters, but a few things became clear: inventory was in the warehouse, but my order for it was stuck. Supply chain orchestration failure – a table fable What happened?

Supply Chain Planning Software 254

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Planning 254

Locus

MAY 20, 2024

BORIS – Buy Online Return In Store BORIS is another omnichannel fulfillment model where consumers can return their previously purchased online orders at nearby physical stores. In a way, this model is a win-win as it saves return logistics costs for retail businesses.

Logistics Network Optimization Software 98

Logistics Network Optimization Software Inventory Reduction Cost Reduction Strategies Retail 98

Unleashed

OCTOBER 6, 2021

Using this strategy improves efficiencies in product delivery, frees up capital and reduces warehousing costs. It can also be used to configure warehousing to ensure the most effective storage of the three types of goods. It can also reduce downtime resulting from late stock delivery.

Inventory Reduction 95

Inventory Reduction Cost Reduction Strategies Material Savings Vendor Strategies 95

ShipBob

JANUARY 23, 2023

This year over 20% of purchases are expected to take place online , compared to 17.8% Many brands have turned to a tech-enabled third-party logistics (3PL) company to help reduce costs by tapping into the technology and infrastructure needed to optimize the last-mile delivery phase. Although they reported $75.5

3PL 98

3PL Cost Reduction Strategies Inventory Reduction Expense Reduction 98

6 River Systems

AUGUST 19, 2020

Leverage big bata, analytics and optimization Supply chains were driven by numbers and statistics for a long time. Quantifiable performance indicators were always considered key metrics by supply chain executives. There are plenty of opportunities to increase the profitability of a retail business through efficient warehousing.

Supply Chain Planning Software 59

Supply Chain Planning Software Supply Chain Software Analytics Software Sustainability 59

Supply Chain Matters

AUGUST 9, 2024

Billion Michigan based Lineage Logistics LLC , which describes itself as “ the world’s largest global temperature-controlled warehouse REIT ,” reportedly raised $4.4 According to reporting from The Wall Street Journal , the company has been leveraging strong demand for refrigerated warehousing since the Covid-19 pandemic began.

Supply Chain Design Software 59

Supply Chain Design Software Supply Chain Software Logistics Network Optimization Software Optimization Software 59

Ware2Go

OCTOBER 7, 2021

Warehouse vacancy rates are at an all-time low. Learn how to secure top-tier warehouse space and SLA’s without paying peak season premiums or getting locked into a long-term contract. Warehouse capacity is at an all-time low, with vacancy rates as low as 3.6 % on the west coast.

Warehousing 52

Warehousing Negotiating Skills Purchasing Skills Forecasting 52

The Logistics of Logistics

AUGUST 29, 2019

At one point while working for a 3PL, I did a lot of work in retail. [04:37] I was involved with the procurement of equipment and materials. Instead of working with a 3PL, we hired everyone that we needed ourselves. [11:47] 11:47] Up until July of this year, Saudi Aramco was their own 3PL. The business model changed.

Saudi Arabia 113

Saudi Arabia Logistics Network Optimization Software Company Procurement Analytics 113

SCMDOJO

JUNE 28, 2024

Diverse Skill Set Utilization: Multifaceted Role: Supply chain roles often require a blend of analytical, organizational, communication, and problem-solving skills. This can be engaging and fulfilling for those who enjoy using their analytical and strategic thinking skills.

Negotiating Skills 93

Negotiating Skills Optimal Sourcing Purchasing Skills Supply Chain Design Software 93

Supply Chain Game Changer

NOVEMBER 28, 2019

Third-party logistics (or 3PL) providers, are standing on the brink of breakout growth. The global 3PL market, valued at $728.6B While 3PL providers want to adapt to this new market opportunity, their existing logistics operations often have a hard time keeping pace with these growing demands. BILLION by 2025. Project 44.

Logistics Network Optimization Software 83

Logistics Network Optimization Software 3PL Optimal Sourcing Supply Chain Planning Software 83

Unleashed

DECEMBER 21, 2023

Inventory management solutions are the systems and processes designed to effectively oversee the entire lifecycle of your business’s inventory, from procurement and storage to distribution and sales. It ties up precious capital, leads to extra storage costs, and may result in the product becoming outdated before it can be sold.

Inventory Reduction 52

Inventory Reduction Inventory Management Software Vendor Strategies Cost Reduction Strategies 52

Talking Logistics

DECEMBER 11, 2014

As the American computer scientist Alan Kay famously said, “The best way to predict the future is to invent it.” So, here is my invented future for 2015, starting with my most audacious prediction: Google will acquire a logistics service provider (3PL) and/or a logistics software vendor. 3PLs Need to Take Broader Perspective.

Predictive Analytics Software 205

Predictive Analytics Software Supply Chain Design Software Logistics Network Optimization Software Predictive Analytics 205

GlobalTranz

FEBRUARY 17, 2016

This is the second part of my series on various ways to reduce overall costs as it relates to logistics and warehouse cost reductions. In the first part I put forth 6 areas of focus in order to reduce logistics costs. Today, I will now address how a focus on inventory will allow for warehouse cost reductions as well.

Cost Reduction Strategies 120

Cost Reduction Strategies Inventory Reduction Waste Reduction Vendor Strategies 120

The Logistics of Logistics

FEBRUARY 16, 2024

Kate Klemmer Terry and Joe Lynch discuss the brand-centric 3PL, Outerspace. Kate is the Chief Commercial Officer at Outerspace , a 3PL made for brands, by brands. Data-Driven Insights: Their technology platform provides real-time visibility and analytics to empower brands with data-backed decisions.

3PL 163

3PL Logistics Network Optimization Software Analytics Software Optimization Software 163

3PL Insights

OCTOBER 24, 2017

It’s said that an autonomous warehouse functions much like the way autonomous vehicles navigate the road. Robots move on their own throughout a warehouse, maneuvering around obstacles—they stop for human workers, pick up crates, and move them from one location to the next, moving through a packing system that may see very human hands.

Warehousing 112

Warehousing Inventory Reduction Predictive Analytics Software Supply Chain Software 112

ShipBob

JANUARY 28, 2022

In this article, we break down what inventory KPIs entail, why they matter, and which metrics are most valuable for you to track. . Key performance indicators (KPIs) are the quantifiable metrics companies use to gauge their progress toward a specific goal. . Not sure what those metrics are? Cost per unit. Backorder rate.

Inventory Management Software 98

Inventory Management Software Inventory Management Inventory Reduction Inventory 98

3PL Insights

AUGUST 18, 2020

It’s important to measure the performance of your warehouse operations to find ways to improve efficiency. We have put together a list of some of the most important metrics to track. Receiving efficiency measures the time from when stock is received at the warehouse to when it is stored and ready to be picked for orders.

Warehousing 52

Warehousing Procurement Analytics Inventory Reduction Metrics 52

Turvo

NOVEMBER 23, 2021

Consumers or business owners create a purchase order. Utilizing supply chain management tools or 3PL partnerships gives a first-mover advantage to large companies. A tailored 3PL solution that includes all the touchpoints mentioned here is probably the answer. Reduction of labor cost + raise in daily wages.

Supply Chain Software 86

Supply Chain Software Predictive Analytics Software Analytics Software Optimization Software 86

ShipBob

FEBRUARY 25, 2022

This involves keeping track of critical distribution metrics such as how many orders were shipped out on time because this is vital to determine how efficient their processes are, how satisfied customers will be, and whether they need to make improvements. High stockout costs combined with low OTIF scores can also help to pinpoint the source.

Optimal Sourcing 52

Optimal Sourcing Real-time Visibility Procurement Analytics Supply Chain Planning Software 52

Talking Logistics

MAY 27, 2015

The company invested $125 million in R&D last year, a level it plans to sustain moving forward, and about 10 percent of that investment is going toward JDA Labs , which is focused on cloud, mobile, machine learning, predictive analytics, wearables, and other customer-guided projects. The value of IT is in how you use it.

3PL 100

3PL Conference Logistics Network Optimization Software Negotiating Skills 100

GlobalTranz

JANUARY 22, 2019

2019 is shaping up to be a year in which warehouses and distribution centers continue the development and implementation of technology-based processes. Dropshipping refers to manufacturers sending products directly, but products are purchased through a third-party. The state of the logistics industry is evolving. DOWNLOAD WHITE PAPER.

Logistics Network Optimization Software 182

Logistics Network Optimization Software Analytics Software Demand Planning Software Trends 182

ShipBob

MAY 7, 2021

Signing a lease for your first warehouse provides an opportunity to build your retail fulfillment engine from scratch. Just like furnishing a new home, renting a warehouse takes time and planning to make the most of the space to meet your logistics operations needs. Warehouse processes to keep in mind during the design process .

Supply Chain Design Software 52

Supply Chain Design Software Warehousing Supply Chain Design Inventory Reduction 52

Stord

MAY 15, 2024

Customer satisfaction hinges on more than just the quality of the products purchased; it's also deeply influenced by the efficiency and reliability of the delivery process. When customers hit 'purchase,' they're not just buying a product; they're buying an experience — one that includes a swift and smooth delivery process.”

Logistics Network Optimization Software 78

Logistics Network Optimization Software Sourcing Strategies Logistics Supply Chain Design Software 78

BlueYonder

JULY 25, 2017

Over the past 30 years, the 3PL industry has gone through tremendous transformation. The shifts in manufacturing and retail business models, enhanced delivery models, such as last mile and click and collect, along with the innovative advances in technologies, have created significant opportunities for 3PL companies.

Third Party Logistics 44

Third Party Logistics Modeling 3PL Modeling Software 44

GlobalTranz

FEBRUARY 16, 2016

This is the first of a two-part series where I will curate and cull information from my 4 decades of experience in logistics cost reduction at various positions in the supply chain. In this first part, I will focus on 6 places that you can apply to your organization to reduce costs and increase profit. Focus on Labor Costs.

Cost Reduction Strategies 120

Cost Reduction Strategies Inventory Reduction Vendor Strategies Material Savings 120

The Logistics of Logistics

OCTOBER 8, 2012

When you have chosen a 3PL partner, insure that you have an effective Service Level Agreement (SLA) with accompanying Key Performance Indicators (KPIs) to manage the Service Level of the 3PL. This SLA/KPI has to be negotiated and agreed upon by you and your 3PL partner.This negotiation time can take three (3) to Six (6) months.

Third Party Logistics 145

Third Party Logistics Negotiating Skills Purchasing Skills KPI 145

Locus

JUNE 24, 2024

Retailers must ensure products move seamlessly from warehouses to customers while keeping costs low and satisfaction high. Secondly, the advanced analytics and machine learning capabilities of Locus’ software enable businesses to make data-driven decisions, optimize routes , and reduce delivery times and costs.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Supply Chain Design Software Analytics Software Optimization Software 52

GlobalTranz

NOVEMBER 10, 2015

Small shipping companies have grown into larger third-party logistics providers , and warehouse management has become more focused on efficiency and accuracy instead of quantity of shipments. Transportation costs make up 60 percent of overall logistics expenses for all shippers and 3PLs.

Supply Chain Planning Software 120

Supply Chain Planning Software Inventory Management Software Optimization Software Inventory Reduction 120

ShipBob

SEPTEMBER 10, 2021

Looking to manage a warehouse? Warehouse inspections are a major component of warehouse management best practices. In this article, we discuss why warehouse inspections are so important, and the difference inspections worth carrying out. What are warehouse inspections? Technology and warehouse automation .

Warehousing 52

Warehousing Supply Chain Design Software Inventory Management Software Inventory Reduction 52

BlueYonder

JULY 25, 2017

Over the past 30 years, the 3PL industry has gone through tremendous transformation. The shifts in manufacturing and retail business models, enhanced delivery models, such as last mile and click and collect, along with the innovative advances in technologies, have created significant opportunities for 3PL companies.

Third Party Logistics 40

Third Party Logistics Modeling Modeling Software 3PL 40

Talking Logistics

APRIL 25, 2019

As direct-to-consumer orders continue to increase, this trend in purchasing behavior is also driving the push for agility in MHE. To manage both individual parcels and pallets, the hybrid omnichannel model is gaining popularity to balance the requirements of different order sizes. 3 The push for business intelligence.

Material Savings 102

Material Savings Modeling Software Supply Chain Planning Software Analytics Software 102

ShipBob

OCTOBER 16, 2023

Storing too much inventory eats up your budget in terms of warehousing costs and available capital, but you also need enough inventory to account for unexpected demand or supply problems. Better forecasting Calculating reorder points goes hand in hand with having a clear idea of purchasing trends over a given time period.

Forecasting Software 98

Forecasting Software Inventory Management Software Demand Planning Software Supply Chain Planning Software 98

Locus Robotics

MARCH 9, 2023

Some fulfillment warehouses even use robots to pick and pack customer orders. RFID is best suited to tracking goods within relatively short distances, so its best uses are within a factory, warehouse, or distribution center.

Supply Chain Software 52

Supply Chain Software Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software 52

Unleashed

OCTOBER 4, 2023

The order fulfilment process covers every step required to get goods to the people who purchase them, from the moment a customer places an order to when they receive their purchase. Competitive advantage: When it comes to making a purchase , customers usually have several options to choose from.

Inventory Reduction 52

Inventory Reduction Sourcing Strategies Resource Reduction Cost Reduction Strategies 52

Unleashed

OCTOBER 30, 2023

Ecommerce consumers want fast, accurate deliveries and a transparent purchasing process. In this guide, we break down the WooCommerce order fulfilment process and how it works, with actionable tips for optimising your fulfilment strategy to bring costs down and boost productivity.

Inventory Management Software 52

Inventory Management Software Manufacturing Procurement Procurement Solutions Material Savings 52