Logistics Viewpoints

JANUARY 10, 2024

If you haven’t attended recently, it is an unmatched display of warehouse automation, robotics, and software systems. Körber CEO Discusses Warehouse Labor Management, Engagement, and Retention ; Clint Reiser Earlier this month, I had the opportunity to speak with Chad Collins, CEO of Körber Supply Chain Software.

Logistics Network Optimization Software 284

Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Software Predictive Analytics Software 284

Supply Chain Shaman

NOVEMBER 9, 2014

When we started benchmarking companies, Deborah and I had a friendly wager. I believed that we would find a company with the lowest distribution costs (warehousing and transportation), and the lowest manufacturing costs, and this would result in the best overall cost structure. I was wrong. We never found this company.

Manufacturing Procurement 286

Manufacturing Procurement Optimal Sourcing Benchmarking Supply Chain Design Software 286

Logistics Viewpoints

NOVEMBER 18, 2021

On top of the insatiable desire for everyone to buy online fueling ecommerce growth in DCs, the high cost and scarcity of warehouse labor is crushing to many DC operators. The warehouse automation market is forecasted to grow at a CAGR of approximately 14% and be worth USD 30 billion by 2026. In-Warehouse Travel Optimization.

DC 292

DC Optimization Software Demand Planning Software Supply Chain Planning Software 292

Logistics Viewpoints

OCTOBER 4, 2021

A study by E2open – the 2021 Forecasting and Inventory Benchmark Study: Supply Chain Performance During the Covid-19 Pandemic – provides the answers. Benchmarking the forecasting process is difficult. The company provides demand and inventory planning solutions based on a public cloud architecture.

Inventory Reduction 255

Inventory Reduction Supply Chain Performance Cost Reduction Strategies Supply and Demand 255

Logistics Viewpoints

MARCH 27, 2023

As demand forecasting accuracy increases, and the standard deviation associated with the forecast decreases, the need to hold “just in case” inventory also goes down. This leads to lower inventory carrying costs and thus better case flow. Demand forecasting should be tightly integrated to an inventory optimization application.

Forecasting 218

Forecasting Forecasting Software Modeling Optimal Sourcing 218

Supply Chain Shaman

MAY 1, 2014

As hospitals adopted consignment planning programs, inventory progress slowed. The turns are the lowest of any industry, and despite investments in technologies and processes, inventory turns have only improved 3%, and Cash-T0-Cash (C2C) cycles have declined 4%. Yet, the attendees wanted to discuss Lean warehousing.

Supply Chain Planning Software 290

Supply Chain Planning Software San Diego Supply and Demand Pharmaceutical 290

Logistics Bureau

APRIL 19, 2022

Here are some tips on Warehouse Diagnostics and some of the KPIs and techniques you might use. Related articles on this topic have appeared throughout our website, check them out: A Concise Guide to Inventory KPIs for Your Business. KPIs for Your Warehouse: How to Choose and Use Them.

Warehousing 88

Warehousing KPI Benchmarking Analysis 88

Logistics Viewpoints

OCTOBER 2, 2023

This allows the company to do some interesting benchmarking. Elenjickal points out that there is a difference between transportation visibility – where the truck or plane or ship is, inventory visibility – visibility to where stock keeping units are located across the end-to-end network, and order visibility.

Real-time Visibility 256

Real-time Visibility Supply Chain Visibility Inventory Reduction Agile and Lean Supply Chain 256

RFgen

NOVEMBER 20, 2024

Warehouse operators are under constant pressure to do more with less. Think about it: How much time is wasted hunting down misplaced inventory? Think about it: How much time is wasted hunting down misplaced inventory? Key Mobile Technologies for Warehouses A variety of mobile technologies can power your warehouse transformation.

Inventory Reduction 87

Inventory Reduction Inventory Management Software Waste Reduction Cost Reduction Strategies 87

Logistics Viewpoints

NOVEMBER 3, 2022

How to Get the Most Out of Your Labor Management System Using Engineered Labor Standards to Impact Warehouse Output. Ask yourself, are you able to gauge fluctuating factors in your warehouse, such as pick density, case sizes, slotting arrangements and other variables? The Difference Between SVS and MVS. Work proceeds uninterrupted.

Supply Chain Design Software 238

Supply Chain Design Software Optimization Software System Logistics Network Optimization Software 238

QAD

JUNE 25, 2019

The effective use of a manufacturer’s inventory investment is an important determinant of the company’s success. Excess and obsolete inventory is a drain on resources, as is excessive safety stock. Managing an Inventory Investment. Managing an Inventory Investment.

Procurement Analytics 111

Procurement Analytics Metrics Inventory Reduction Inventory 111

The Logistics of Logistics

JANUARY 26, 2016

The warehouse is one of the most important links of the supply chain. It’s crucial to optimize warehouse management operations in order to compete with other businesses. They allow you to set benchmarks and improve your business practices. They allow you to set benchmarks and improve your business practices.

Warehousing 100

Warehousing KPI Inventory Reduction Cost Reduction Strategies 100

6 River Systems

JULY 30, 2020

Managing warehouse inventory, on its face, seems a simple concept: Keep enough stock on hand to fulfill orders, but not so much stock that your warehouse is filled to the brim with inventory that won’t move for months (or years). How much does it cost to store and maintain slow-moving or stagnant inventory?

Inventory Management Software 101

Inventory Management Software Inventory Reduction Inventory Management Supply Chain Planning Software 101

Logistics Bureau

APRIL 19, 2021

I have benchmarked supply chains for businesses all over the world for 25 years or so and have seen some incredible results. If you’ve never done a benchmarking exercise before, read on. The Benefits of Benchmarking. The Benefits of Benchmarking. You might be wondering what the benefits are of benchmarking.

Benchmarking 76

Benchmarking Supply Chain Performance Supply Chain Exercises 76

Logistics Bureau

JANUARY 18, 2021

In this article, Logistics Bureau’s Mal Walker, who has spent decades exploring all aspects of warehousing, offers some valuable tips on warehouse design and operation. He has delved deeply into it and identified ten principles for optimising warehouse performance. 3) Triadic Warehousing. 4) Inventory Control.

Supply Chain Design Software 98

Supply Chain Design Software Warehousing Supply Chain Design Supply Chain Planning Software 98

Logistics Viewpoints

JULY 12, 2021

To ensure quality, they have a mystery shopper program, and they benchmark themselves against their competitors. It is easier to deliver what stores need, when they need it, with the ability to provide “hot shot” shipments if a store runs out low on inventory before the next shipment is scheduled.

Supply Chain Planning Software 221

Supply Chain Planning Software Supply Chain Planning Inventory Reduction Expense Reduction 221

Logistics Viewpoints

MARCH 4, 2021

It includes all of its elements: customers, sales channels, products, warehouses, logistics network, and the interactions between them. Fourth Step: Benchmark KPIs to understand limitations and discover opportunities. Digital transformation for supply chain planning consisting of three levels: Digital, Intelligent and Autonomous.

Supply Chain Planning Software 278

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 278

SCMDOJO

NOVEMBER 9, 2023

Understanding the most valuable inventory control techniques, along with utilizing inventory control template Excel, is essential if you want to ensure effective inventory management. The primary goal of inventory control is to reduce the costs associated with holding stock.

Inventory Reduction 95

Inventory Reduction Expense Reduction Cost Reduction Strategies Optimal Sourcing 95

Logistics Viewpoints

JANUARY 23, 2024

The company can connect all aspects of the execution process, including labor cost and capacity, warehouse capacity, and shipping, and then integrating all of this data into their data cloud platform for a holistic view of OMS, TMS, and WMS. The first was around inventory management. There were two use cases that I found interesting.

Supply Chain Planning Software 246

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Modeling 246

6 River Systems

APRIL 23, 2019

As warehouses embrace technology to optimize the supply chain and reduce fulfillment costs , many companies are considering making the move to an automated warehouse. That said, there are many factors to consider when moving to an automated warehouse. ” Meet Our Panel of Warehouse Pros: Alexandra Zelenko.

Warehousing 97

Warehousing Supply Chain Software Supply Chain Planning Software Supply Chain Design Software 97

Supply Chain Shaman

JULY 6, 2020

Tom, the colorful warehouse manager, constantly heckled Frank for the increasing inventory levels while Ed, the quiet material/logistics manager, constantly questioned if there was a better way. He felt that inventory was no problem, he would just cut it at the end of each quarter to make the balance sheet goals.

Agile and Lean Supply Chain 297

Agile and Lean Supply Chain Supply Chain Design Software Supply Chain Planning Software Supply Chain Strategy 297

SYSPRO Smarter ERP

MAY 29, 2023

Marshalling in warehouse management refers to the process of arranging and preparing items for outbound shipment according to their destination and delivery schedule, as well as verifying their accuracy and completeness. What is marshalling in warehouse management?

Warehousing 98

Warehousing Material Savings Expense Reduction Cost Reduction Strategies 98

EMERGE App

FEBRUARY 23, 2020

What is Inventory Forecasting? Wait, what has this got to do with inventory forecasting? The Goldilocks Principle of having something that is not too hot and not too cold has been used for everything from the search for habitable Earth-like planets to inventory management, and of course, the perfect porridge temperature.

Forecasting 98

Forecasting Forecasting Software Inventory Reduction Inventory 98

GlobalTranz

SEPTEMBER 24, 2018

Shippers require the ability to track a product from the moment it is filled in a warehouse until it arrives at a customer’s doorstep. Benchmark existing freight spend and use of transportation modes. Use reporting tools to benchmark performance and improve efficacy. Keep customers informed of available inventory.

Transportation Management 210

Transportation Management 3PL Logistics Network Optimization Software Supply Chain Network Software 210

GlobalTranz

DECEMBER 10, 2015

Benchmark DC Systems to Handle the Volume. Make your Inventory OmniChannel. For a handful of huge shippers and retailers, it makes sense to divide inventory into one stream for traditional replenishment and another for e-commerce fulfillment. Here are 5 tips to prepare any shipper to master the art of holiday logistics.

DC 120

DC Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Planning 120

Supply Chain Game Changer

NOVEMBER 11, 2020

Featuring Our 10 Best Warehouse Order Fulfillment Articles! For instance, reduced application of data may lead to over-ordering or under-ordering inventory, failure to hire enough seasonal workers, an inability to secure available shipping capacity, and more. The Right Strategies Create the Triumvirate of Warehouse Management.

Inventory Reduction 84

Inventory Reduction Supply Chain Strategy Price Mitigation Strategies Strategy 84

Supply Chain Shaman

AUGUST 7, 2019

In Figure 1, we show the aggregate trend of the chemical industry in an orbit chart format showing year-over-year results at the intersection of two metrics operating margin and inventory turns. In the period of 2010-2018, within the chemical industry, margins fluctuated, largely driven by the price of crude, but inventory turns plummeted.

Supply Chain Design Software 253

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 253

Freightos

APRIL 16, 2017

This includes everything from advancements in how technology is used by shippers and logistics services providers (LSPs), to the adoption of automation in the warehouse and new options for final mile delivery. A Revolution In The Warehouse. The logistics function within shipper’s operations bears the most direct pressure.

Logistics Network Optimization Software 188

Logistics Network Optimization Software Trends Supply Chain Design Software Supply Chain Planning Software 188

Logistics Bureau

JULY 18, 2017

If you’ve heard about the opportunities and benefits that warehouse performance benchmarking can put within reach of your supply chain organisation, you might understandably be keen to get a benchmarking project under way. Some Common-sense Warehouse Benchmarking Metrics. Perfect Order Warehouse Performance.

Benchmarking 43

Benchmarking Supply and Demand Metrics Warehousing 43

ToolsGroup

DECEMBER 16, 2021

By understanding inventory needs from a financial perspective, including revenue and margin, retailers gain insight into their open-to-buy process and, as part of their merchandise financial planning, ensure the organization will not overspend merchandising budgets. Improve Inventory Flexibility. What is an open-to-buy ?

Supply Chain Planning Software 156

Supply Chain Planning Software Retail Supply Chain Planning Scenario Planning 156

Unleashed

MAY 2, 2022

There are a lot of inventory performance measures you could track. Explore our live inventory calculators and formulas page. In this article on inventory performance measures. Why use performance measures for inventory management? Then you will need to know the inventory value at the end of the period.

Inventory Reduction 98

Inventory Reduction Inventory Inventory Management Software Procurement Analytics 98

Oracle SCM

MARCH 15, 2018

What are the interoperability and integration needs that are essential between transportation, warehouse management and global trade solutions? Having a closed-loop integration between order management and warehouse execution is required to be able to support omni-channel fulfillment. How do Best-in-Class companies do it?

Benchmarking 90

Benchmarking Logistics Network Optimization Software Logistics eBook 90

Logistics Viewpoints

FEBRUARY 28, 2022

A better forecast leads to carrying less inventory while maintaining or even improving service levels. The improvement in forecasting contributed to an increase in service levels by 10% while reducing inventory investment by 20%. But that was pre-COVID. But after the pandemic hit their safety stock was increased by 30%. Final Thoughts.

Optimal Sourcing 304

Optimal Sourcing Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning 304

6 River Systems

DECEMBER 13, 2019

Optimizing your warehouse means examining every corner of your infrastructure and every facet of your workflows and processes to identify and correct inefficiencies. Not only does warehouse optimization result in a healthier bottom line, but it also improves key warehouse metrics like accurate orders and on-time delivery.

Optimal Sourcing 81

Optimal Sourcing Optimization Software Price Mitigation Strategies Modeling 81

RFgen

FEBRUARY 2, 2017

Automated mobile data applications can help companies set more accurate benchmarks. And to do so, we suggest they conduct benchmarks. Benchmarking involves comparing how well current supply chain and supply chain management strategies are doing compared to old processes. The Importance of Benchmarking. Productivity.

Benchmarking 52

Benchmarking Supply Chain Planning Software Supply Chain Software Supply Chain Strategy 52

RFgen

FEBRUARY 2, 2017

Automated mobile data applications can help companies set more accurate benchmarks. And to do so, we suggest they conduct benchmarks. Benchmarking involves comparing how well current supply chain and supply chain management strategies are doing compared to old processes. The Importance of Benchmarking. Productivity.

Benchmarking 52

Benchmarking Supply Chain Planning Software Supply Chain Software Supply Chain Strategy 52

RFgen

AUGUST 30, 2024

Warehouse jobs form the backbone of efficient supply chains, yet the warehousing and logistics industry faces a significant challenge: attracting and retaining skilled talent in a competitive labor market. This underscores the critical importance of addressing workforce challenges in the warehouse sector.

Inventory Reduction 74

Inventory Reduction Cost Reduction Strategies Material Savings Price Mitigation Strategies 74