Logistics Viewpoints

OCTOBER 2, 2023

ARC considers real-time visibility solutions, like the one from FourKites, one type of SCCN solution. This allows the company to do some interesting benchmarking. The solution has also grown in the breadth of their modal coverage. Transportation visibility solutions provide a wide variety of benefits.

Real-time Visibility 251

Real-time Visibility Supply Chain Visibility Inventory Reduction Agile and Lean Supply Chain 251

Logistics Viewpoints

MARCH 27, 2023

Solvoyo’s Solution Bugaboo: something that causes fear or distress out of proportion to its importance. Organizations then convert those demand forecasts to the associated quantities of raw materials to purchase, goods to be manufactured, or finished products to ship. Would better forecasting accuracy be a good thing? Absolutely!

Forecasting 214

Forecasting Forecasting Software Modeling Optimal Sourcing 214

Logistics Viewpoints

NOVEMBER 18, 2021

Expectations for short delivery times, 100% fulfillment accuracy, and large product selection and availability have become a key deciding factor on which customers make their purchase decisions. The warehouse automation market is forecasted to grow at a CAGR of approximately 14% and be worth USD 30 billion by 2026.

DC 287

DC Optimization Software Demand Planning Software Supply Chain Planning Software 287

SCMDOJO

MAY 30, 2024

From the warehouse manager to the transportation coordinator, each role in the logistics department contributes to the smooth flow of deliveries. Warehousing and Storage: The logistics department oversees the management of warehouses and storage facilities. But who are the key players behind the scenes?

Optimal Sourcing 98

Optimal Sourcing Pricing Training Logistics Network Optimization Software Inventory Reduction 98

Logistics Viewpoints

MARCH 4, 2021

Digital commerce efficiently requires the digitalization of many customer-facing operations and sourcing and procurement. It includes all of its elements: customers, sales channels, products, warehouses, logistics network, and the interactions between them. Accurate and timely reconciliation of purchase orders with receipts.

Supply Chain Planning Software 277

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 277

RFgen

APRIL 28, 2023

When seeking to improve efficiency and optimize cost, solution-focused mobile technology can accomplish both. Warehouse operations can meet this challenge head-on with an emphasis on trimming labor costs and implementing warehouse efficiency measures across their operation. In fact, U.S. labor costs have risen 5.1%

Cost Reduction Strategies 52

Cost Reduction Strategies Inventory Reduction Waste Reduction Expense Reduction 52

Unleashed

AUGUST 17, 2021

There is a range of manufacturing software now available to help businesses streamline their processes and maximise efficiency. Here we look at 15 types of manufacturing software, and for each answer three questions: What are the main functions of this software? What type of business is this software suited to?

Inventory Management Software 97

Inventory Management Software Manufacturing Procurement Supply Chain Design Software Supply Chain Planning Software 97

Logility

FEBRUARY 8, 2023

A key factor in the success of Logility’s network optimization solution is the use of reference data. We believe users should be able to generate results immediately and be able to benchmark a model against their known costs. Yes, this data is comforting in that it reconciles back to accounting numbers.

Modeling 130

Modeling Optimization Modeling Modeling Software Network Optimization Software 130

GlobalTranz

MARCH 22, 2016

When discussing warehouse statistics many key performance indicators are mentioned. So what are the most important figures needed to run a warehouse? Depending on the warehouse design and complexity there are at least a hand full of statistics that any manager needs. Warehouse Statistics & KPIs to Know. Safety/OSHA.

Warehousing 120

Warehousing Logistics Network Optimization Software Supply Chain Design Software Modeling 120

Logistics Viewpoints

MAY 3, 2022

But it’s important to remember that while customers want their purchases fast, sometimes even the next day, many care about the environmental impact of that delivery as well. In response to these rising complexities, late last year, Körber commissioned its first ever Supply Chain Benchmarking report. Rethink Process.

Waste Reduction 219

Waste Reduction Sustainability Vendor Strategies Supply Chain Design Software 219

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

ToolsGroup

DECEMBER 16, 2021

To remain competitive, retailers who invest in open-to-buy planning software are able to keep an eye on their financial health and grow a successful business, while aligning inventory optimization with revenue goals. The benefits of open-to-buy. Reach Optimal Inventory Levels by Having the Right Amount of Stock Available.

Supply Chain Planning Software 156

Supply Chain Planning Software Retail Supply Chain Planning Scenario Planning 156

SCMDOJO

MAY 30, 2024

From the warehouse manager to the transportation coordinator, each role in the logistics department contributes to the smooth flow of deliveries. Warehousing and Storage: The logistics department oversees the management of warehouses and storage facilities. The logistics department is just one piece of the puzzle.

Optimal Sourcing 52

Optimal Sourcing Logistics Network Optimization Software Pricing Training Inventory Reduction 52

Logility

MARCH 6, 2020

Stakeholders who care about forecasting in demand planning care about accuracy, and usually will not accept a new forecasting method unless it is rigorously validated against known forecasting benchmarks with proven accuracy. Greed for more data.

Forecasting 259

Forecasting Supply and Demand Forecasting Software Modeling 259

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

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

ShipBob

APRIL 15, 2024

Specifically, GMROI measures how much profit you generate from every dollar you invest in your inventory purchases. However, it’s also important to consider any industry-specific GMROI benchmarks to make sure that your business is keeping up with the competition. This metric doesn’t just account for the cost of buying inventory.

Inventory Reduction 52

Inventory Reduction Material Savings Price Reduction Cost Reduction Strategies 52

DELMIA Quintiq

MAY 17, 2023

Therefore, supply chain planning has huge potential to reduce the environmental impact of production and transportation, and DELMIA Supply Chain Solutions play a pivotal role in making this happen. This is where DELMIA Supply Chain Solutions with its planning engines will help. Some suppliers are in Europe, whereas some are in Asia.

Supply Chain Planning Software 156

Supply Chain Planning Software Supply Chain Planning Scenario Planning Sustainability 156

OptiProERP

JUNE 17, 2019

To ensure inventory visibility, you should have access to view, manage, and update your inventory status from trusted software. Whether it is about inventory in transit, in a warehouse or in distribution centers, visibility is a must. Let’s understand how an ERP solution help s you improve inventory visibility. .

Real-time Visibility 66

Real-time Visibility Inventory Reduction Optimal Sourcing Supply Chain Planning Software 66

SCMDOJO

DECEMBER 11, 2023

In the realm of efficient procurement management, understanding the various types of procurement reports becomes paramount. These reports serve as navigational tools, offering insights into different facets of the procurement process.

Procurement Analytics 21

Procurement Analytics Optimal Sourcing Procurement Solutions Material Savings 21

ToolsGroup

OCTOBER 3, 2022

Leaked internal research reveals Amazon is at risk to run out of workers for its US warehouses by 2024. The demand for retail workers to fill positions in stores, warehouses, and the manufacturing plants of vertically integrated retailers is not decreasing anytime soon. The UK hit a record high of 1.3 Where Are All the Retail Workers?

Optimal Sourcing 156

Optimal Sourcing Retail Purchasing Skills Inventory Reduction 156

Logility

SEPTEMBER 16, 2022

When you break them down by lane, season, and method of purchase, thousands of data points might turn into five to ten data points for a given lane — or sometimes only one shipment. You can see three warehouses and almost every warehouse shipped to each destination city. How could this vast amount of real data go wrong?

Modeling Software 130

Modeling Software Modeling Optimization Modeling Logistics Network Optimization Software 130

Precoro

MAY 19, 2023

The right metrics can shed light on how cost-effective a company’s processes are when it comes to the flow of goods, both at the inbound stages of procurement and outbound all the way to the customer. By setting benchmarks for metrics, analysts can recognize unsettling trends and take preventive measures on time.

Procurement Analytics 68

Procurement Analytics Metrics Supply Chain Planning Software Supply Chain Software 68

Logistics Bureau

OCTOBER 26, 2020

As legislation focuses ever more heavily on environmental protection though, and consumers increasingly consider sustainability in their purchasing decisions, all supply chain organisations will need to find the way forward. This is where sustainability benchmarking can really help you home in on where improvement is most needed.

Supply Chain Planning Software 86

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Supply Chain 86

Unleashed

FEBRUARY 12, 2024

This number can then be used as a benchmark for continual improvement, supporting sustainable business growth. Inventory carrying cost is the total sum of any expenses associated with holding inventory within a warehouse or storage facility until it is sold or used in production. What is inventory carrying cost?

Inventory Reduction 52

Inventory Reduction Purchasing Skills Cost Reduction Strategies Negotiating Skills 52

6 River Systems

DECEMBER 5, 2019

The efficiency of order fulfillment from warehouses has become an important focus in logistics management as customers demand quicker deliveries. Warehouse order picking is an important factor in efficient order fulfillment. ” – Shawn Lynch , How to Improve Order Picking Your Warehouse , FlexQube; Twitter: @FlexQube 2.

Inventory Reduction 52

Inventory Reduction Waste Reduction Cost Reduction Strategies Resource Reduction 52

Repl Group

OCTOBER 10, 2018

As far back as 2011, retail consultant and broadcaster Mary Portas , recognized that: “New benchmarks have been forged against which our high streets are now being judged. However, one thing has changed: the ability for technology to provide increasingly agile, smarter solutions to retailers’ pain points. Modern lives are busy.

Procurement Solutions 40

Procurement Solutions Demand Planning Software Inventory Management Software Analytics Software 40

Unleashed

FEBRUARY 1, 2023

Demand planning also considers factors such as: Your marketing strategy Seasonality Market trends Demand planning teams need to constantly be alert to technology advances such as in Artificial Intelligence or software tools which can be utilised to their advantage. They must draw on all these factors to create a ‘demand plan’.

Supply and Demand 52

Supply and Demand Demand Planning Supply Chain Planning Software Demand Planning Software 52

Unleashed

APRIL 18, 2023

Key Performance Indicators for inventory , commonly known as KPIs, are measurement tools that allow you to track the performance of various aspects of your business. KPIs related specifically to inventory allow you to understand how you’re managing the flow of goods, materials, and products to your warehouses and out to the customer.

Procurement Analytics 52

Procurement Analytics Metrics Inventory Reduction Inventory 52

crisp

JANUARY 24, 2024

While Luminate offers two tiers of data subscriptions, the Luminate Charter plan stands out as a powerful tool for data-driven brands, boasting a continuously evolving feed of never-before-seen reports designed to transform supplier strategy. Available: In stock and ready for purchase. Eligible : Meeting all criteria to be sold online.

Procurement Analytics 52

Procurement Analytics Inventory Reduction Report Price Reduction 52

Logistics Bureau

NOVEMBER 16, 2020

It touches many departments, from production, procurement, shipping, accounting, and finance to marketing, warehousing, research and development, and sales. For example, a member of the sales team could apply to become a purchasing agent, based on her experience of negotiating sales deals. Do you want to be managing people?

Supply Chain Planning Software 97

Supply Chain Planning Software Supply Chain Design Software Negotiating Skills Buyer Training 97

SupplyPike

JUNE 26, 2020

Category management is defined as a purchasing concept which groups products together into discrete classifications. These product categories are then used to define purchasing behaviors. There are many benchmarks and trends to look at while analyzing the four Ps of category management. How do retailers manage their categories?

Retail 98

Retail Price Reduction Material Savings Inventory Reduction 98

Zipline Logistics

JANUARY 17, 2023

It’s no secret that many consumers now consider the sustainability of a product before purchasing, much like they consider price or quality. Misaligned production, warehousing, and transportation functions are also a large source of supply chain inefficiencies, and they can cost brands big in wasted resources, time, and money. .

Resource Reduction 78

Resource Reduction Waste Reduction Vendor Strategies Optimal Sourcing 78

CH Robinson Transportfolio

JUNE 9, 2022

In your personal life, you can use a variety of devices to make purchases—from your phone to your smart TV, it’s all possible within whatever device you’re using. In fact, today you can procure freight rates from your transportation providers right in your TMS. Benchmarking and analysis. Cost savings in loose markets.

Supply Chain Planning Software 70

Supply Chain Planning Software Demand Planning Software Analytics Software Optimization Software 70

Logistics Bureau

NOVEMBER 6, 2023

Recent studies have shown that among the challenges frustrating warehouse and distribution centre managers this year, rising energy and labour costs are two of the most often cited. We hope the tips and ideas in this article will help you make inroads into warehouse energy and labour cost reduction.

Cost Reduction Strategies 91

Cost Reduction Strategies Warehousing Waste Reduction Purchasing Skills 91

Unleashed

FEBRUARY 28, 2023

Creating efficient warehousing processes can result in less downtime, lower running costs, and better customer service. Here, we’ll talk about what receiving efficiency is, how to measure it using warehousing metrics, and cover a few different ways to optimise your inward goods process. What is receiving efficiency?

Inventory Management Software 52

Inventory Management Software How To Inventory Reduction Warehousing 52

6 River Systems

JUNE 25, 2019

Most warehouses are on an ongoing mission to maximize productivity by optimizing workflows, automating processes and reducing waste (both time and resources). More than 50% of your warehouse labor is in pick and pack, so start there. ” — How to Maximize Warehouse Efficiency , Parcel Pending; Twitter: @ParcelPending 5.

Sourcing Strategies 56

Sourcing Strategies Optimal Sourcing Warehousing Supply Chain Design Software 56