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. You will reduce overhead costs.

Cost Reduction Strategies 120

Cost Reduction Strategies Inventory Reduction Vendor Strategies Material Savings 120

Logility

JANUARY 26, 2024

In response, supply leaders must acquire better decision-making support, such as AI-first solutions. According to Allan Dow, President of Logility and CEO and President of American Software, “As 2023 marked a year of potential and speculation around AI, the year ahead beckons a practical application of its capabilities.

Supply Chain Planning Software 214

Supply Chain Planning Software Supply Chain Design Software Modeling Supply Chain Software 214

Unleashed

JANUARY 24, 2022

Maintaining healthy levels of Maintenance, Repair and Operations (MRO) inventory is essential to the smooth running of your manufacturing, distribution or wholesaling operation – even if MRO goods aren’t part of your final products. Learn more: What is Inventory Management? Techniques for 2022 What is MRO inventory?

Inventory Reduction 98

Inventory Reduction Inventory Management Software Procurement Solutions Supply Chain Software 98

The Logistics & Supply Chain Management Society

SEPTEMBER 14, 2023

Companies had to survive the disruptions by obtaining visibility throughout their supply chains, some may have done so through large amount of manual effort rather than more automated solutions. but when demand slowed, the pressure to reduce inventory becomes a lot higher. 2022 ocean schedule reliability dropped to 30%.

Rail Software 244

Rail Software Real-time Visibility Supply Chain Planning Software Predictive Analytics Software 244

Oracle SCM

JULY 12, 2017

Supply chain executives were under pressure to develop more efficient, customer-centric supply chains while finding innovative ways to reduce costs and enable growth. Companies tripped over themselves to build ecommerce portals, and one-click purchasing grew in relevance. What are the strategies that helped the best survive?

Inventory Reduction 163

Inventory Reduction Resource Reduction Price Reduction Cost Reduction Strategies 163

Elementum

FEBRUARY 7, 2024

Gone are the days of tedious, manual processes; today, AI-powered solutions are streamlining operations, enabling businesses to focus their human resources on strategic initiatives rather than routine tasks. Accuracy : Reduces the error rate associated with human intervention.

Sourcing Strategies 78

Sourcing Strategies Supply Chain Software Optimal Sourcing Predictive Analytics Software 78

Elementum

FEBRUARY 7, 2024

Digital Process Optimization: Streamlining Business for Efficiency In the race to streamline operations and elevate efficiency, Digital Process Optimization (DPO) emerges as a critical strategy for businesses looking to innovate and scale. Advances in technology drive the automation and continuous improvement of business workflows.

Optimal Sourcing 78

Optimal Sourcing Optimization Software Modeling Prescriptive Analytics Software 78

Synovos

AUGUST 21, 2023

The program recognizes the winners’ commitment to continuous improvement in the prevention of accidents at work while examining health and safety management systems, including practices such as leadership and workforce involvement. “RS Together, the two form the world’s first MRO supply chain services company with true global reach.

Eliminating Excel in Purchasing 52

Eliminating Excel in Purchasing Manufacturing Procurement Procurement Solutions Optimal Sourcing 52

Unleashed

DECEMBER 5, 2023

Shoppers can now enjoy more personalised buying journeys, as merchants make it faster and easier to find the products that they’re most likely to purchase. Goods are being produced, procured, and delivered more efficiently with reduced costs. In short, your entire supply chain can benefit from the use of AI in eCommerce.

Inventory Management Software 52

Inventory Management Software Predictive Analytics Software Supply Chain Design Software Demand Planning Software 52

ToolsGroup

SEPTEMBER 22, 2021

Over time, I’ve been fortunate to work in groups where both men and women were well represented, and I’ve had excellent leaders who championed my career by giving me the freedom to chart my own path. We’re also working on creative solutions to cut lead-time and bridge shortfalls with suppliers. How did you overcome them?

Supply Chain Planning Software 177

Supply Chain Planning Software Gartner Supply Chain Software Agile and Lean Supply Chain 177

Supply Chain Shaman

DECEMBER 17, 2018

Nick Lynch is the Global Excellence Manager at Shell Lubricants, a division of Shell Global. At the Supply Chain insights Global Summit , Nick shared his story on driving demand-based improvements. Nick strongly believes that it is insufficient to drive supply chain improvement through incrementalism. Overview of Shell.

Demand Planning Software 261

Demand Planning Software Supply and Demand Supply Chain Planning Software Supply Chain Design Software 261

GlobalTranz

JANUARY 21, 2015

As a supply chain director, manager, or boss of a multinational corporation, where the supply chain is an integral part of your business, supply chain cost reductions are always at the forefront of your team’s mind. Vendor Managed Inventory Model for Supply Chain Cost Reductions. What is Reverse Marketing?

Vendor Strategies 120

Vendor Strategies Cost Reduction Strategies Inventory Reduction Waste Reduction 120

ThroughPut

FEBRUARY 2, 2024

With Advanced Supply Chain Analytics : Advanced analytics enables demand sensing which generates short-term and mid-term forecasts based on the current realities of the supply chain, reducing errors in forecasting and subsequent upstream challenges. This can lead to delays, increased costs, and inefficient use of resources.

Prescriptive Analytics Software 52

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Predictive Analytics 52

GlobalTranz

FEBRUARY 2, 2015

So why do we feature content related to Vendor Managed Inventory? In a VMI model, part of the equation is the inbound & outbound flow of the inventory. Inventory is then put on pallets and shipped as freight. ” Vendor Managed Inventory Model: A Quick Back Story. No Purchase Orders were used.

Vendor Strategies 120

Vendor Strategies Inventory Reduction Modeling Software Modeling 120

Kinaxis

DECEMBER 3, 2014

Reason #4 Making key decisions by modelling the supply chain in Excel. Reason #6 Not effectively managing inventory. One example that I’ve seen several times is around inventory targets. The result is a lower inventory level, but much higher expedited costs and reduced customer service.

Expense Reduction 250

Expense Reduction Procurement Analytics Cost Reduction Strategies Metrics 250

ShipBob

JANUARY 29, 2024

Why your business needs accurate order management The order management cycle How to streamline order management with ShipBob ShipBob builds next-level order management processes Order management FAQs Once a customer clicks the “Buy” button, their order’s journey begins. No problem. Finding that balance can be tricky.

Inventory Management Software 98

Inventory Management Software Supply Chain Design Software Analytics Software Forecasting Software 98

6 River Systems

DECEMBER 11, 2018

Seeing this, we decided that it would be helpful to compile a curated list of 50 of the best tips on logistics planning and strategy that we could find. Logistics strategies for streamlined fulfillment. Tips for improving customer experience. If I am going to buy goods from this geography, then I use this process.

Inventory Reduction 75

Inventory Reduction Cost Reduction Strategies Resource Reduction Sourcing Strategies 75

GlobalTranz

JANUARY 8, 2016

We conclude this two part series about manufacturing operations excellence by consultant Chuck Intrieri, by outlaying why manufacturers should focus on a critical component that will help sustain manufacturing operations excellence for years to come. What is Driving Sustainable Manufacturing Operations Excellence? Work centers?

Manufacturing Procurement 120

Manufacturing Procurement Eliminating Excel in Purchasing Supply Chain Planning Software Manufacturing 120

ThroughPut

MARCH 25, 2024

Accurate forecasts are essential for maintaining inventory balance, ensuring customer satisfaction, and achieving financial stability. Our 2024 guide provides supply chain managers and planners with the latest tools and insights to refine their demand forecasting processes. What is Demand Forecasting?

Forecasting 52

Forecasting Forecasting Software Modeling Demand Planning Software 52

Supply Chain Shaman

JULY 25, 2021

Orbit Chart of Four Industry Sectors at the Intersection of Operating Margin and Inventory Turns (Year-over-Year Averages for the Sector). of revenue on IT solutions and expensive solutions to improve performance, yet degrade balance sheet results against peer group sectors in tough markets? The problem? Maturity Model.

Procurement Analytics 370

Procurement Analytics Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Planning Software 370

Talking Logistics

SEPTEMBER 13, 2016

With visibility as the key driver for an effective supply chain improvement strategy, businesses today must rely on building collaborative relationships in their extended supply chains to gain visibility from end-to-end. Real-time visibility and proof of delivery eliminates tracking activities and dispute resolution.

Real-time Visibility 100

Real-time Visibility Prescriptive Analytics Software Supply Chain Planning Software Inventory Reduction 100

Supply Chain Shaman

SEPTEMBER 13, 2016

It is clear that new outcomes cannot happen through a focus on traditional continuous improvement programs. As shown in Figure 1, the biggest obstacles to power improvement/performance are traditional supply chain thinking, the lack of organizational alignment and a focus on functional excellence. It is time to get clear.

Supply Chain Planning Software 195

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Prescriptive Analytics Software 195

6 River Systems

FEBRUARY 22, 2019

But without an effective fulfillment strategy, it’s difficult to control fulfillment costs, which can have a negative impact on the company’s bottom line. Read on to learn more about the best strategies to control and reduce your warehouse fulfillment costs. ” Meet Our Panel of Warehouse Pros: Nate Masterson.

Cost Reduction Strategies 56

Cost Reduction Strategies Inventory Reduction Material Savings Warehousing 56

ThroughPut

JUNE 24, 2022

Speed in decision-making, speed in reducing cycle-times, speed in operations, and speed in continuous improvement. In today’s connected digital world, maximizing productivity by reducing uncertainties is the top priority across industries. ACCURATE INVENTORY MANAGEMENT. WAREHOUSE EFFICIENCY. ENHANCED SAFETY.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software Supply Chain Software 98

SCMDOJO

MAY 6, 2022

Modern enterprises rely on supply chain software to track several activities, including manufacturing and distribution of goods. No-code platforms are software design systems that allow both technical and non-technical professionals to execute a variety of software demands with zero lines of code. Reduces Time to Market.

Supply Chain Design Software 117

Supply Chain Design Software Demand Planning Software Supply Chain Network Software Inventory Management Software 117

Supply Chain Shaman

MARCH 3, 2018

.” He continued, “Great mass marketing used be our differentiator, but now the barriers to entry have changed. Through digital marketing, small brands are cropping up all over, and it is sentiment analysis and digital content driving purchases. Their focus is on continuous improvement of current processes.

Supply Chain Design Software 152

Supply Chain Design Software Manufacturing Procurement Network Design Software Supply Chain Planning Software 152

Unleashed

AUGUST 18, 2021

Reverse logistics is the process of goods returning to their point of origin – back from the purchaser to the manufacturer or supplier. How can smart software assist your reverse logistics programme? The aim of a circular supply chain is to reduce landfill down to zero – or as close to it as possible.

Reverse Logistics 98

Reverse Logistics Logistics Network Optimization Software Supply Chain Planning Software Material Savings 98

GlobalTranz

OCTOBER 23, 2015

Sales, Inventory, and Production Planning (SIOP) should be used for business planning and strategy in the shipper, 3PL relationship. Process improvements and Continuous Improvement Opportunities. Both parties must develop human resources to improve operations. Strategic Business Planning.

KPI 120

KPI 3PL Supply Chain Planning Software Resource Reduction 120

Arena Solutions

JUNE 13, 2024

Achieving Decarbonization: How ProGlove Reduces Its Carbon Footprint With Arena + Yook Full transcript below: Amy Bryson Hello and welcome to another SME Media webinar. Today, we will explore Powering the Digital Factory Future: Integrating an Increasingly Vast Set of Tools Reliably to Power Your Factory Floor.

Supply Chain Design Software 52

Supply Chain Design Software Analytics Software Supply Chain Planning Software Demand Planning Software 52

Arkieva

SEPTEMBER 29, 2016

Tips on winning the internal debate when choosing a best of breed supply chain solution. As I watched each candidate explain their viewpoints and policies, I drew a parallel to the conversations that manufacturing companies often must have when discussing why they need a “best of breed” supply chain solution.

Supply Chain Planning Software 60

Supply Chain Planning Software Procurement Solutions Supply Chain Software Supply Chain Optimization 60

Arena Solutions

JUNE 13, 2024

Powering the Digital Factory Future: Integrating an Increasingly Vast Set of Tools Reliably to Power Your Hardware Operation Full transcript below: Amy Bryson Hello and welcome to another SME Media webinar. We then work to bring them the solutions they need. I’m Amy Bryson, Contributing Lead Editor of Smart Manufacturing Magazine.

Supply Chain Design Software 52

Supply Chain Design Software Analytics Software Supply Chain Planning Software Demand Planning Software 52

Unleashed

AUGUST 28, 2022

Manual methods that relied solely on a keen eye are now the core of some leading manufacturing software. Inventory management is one of the most practical applications that maximise the capability of existing programs, diving into the nuts and bolts of a manufacturing operation. What is spare parts inventory management?

Inventory Management Software 97

Inventory Management Software Inventory Reduction Inventory Management Demand Planning Software 97

OptiProERP

JANUARY 8, 2020

When seeking a technology solution, like enterprise resource planning (ERP), executive leaders are less focused on what ERP will do, but they are keenly interested in how ERP will help them grow the business and create long term value. It delivers higher profit margins, higher revenue growth, new revenue streams, and reduced costs.

Supply Chain Planning Software 81

Supply Chain Planning Software Analytics Software Forecasting Software Predictive Analytics Software 81

ThroughPut

APRIL 6, 2020

A detailed supply chain planning mechanism can help manufacturers with critical elements for operational success including material management, waste elimination, and working capital optimization. Today, manufacturers are under constant pressure to reduce costs, increase operational efficiencies and enhance revenue margins.

Supply Chain Planning Software 52

Supply Chain Planning Software Forecasting Supply Chain Planning Scenario Planning 52

ThroughPut

APRIL 6, 2020

A detailed supply chain planning mechanism can help manufacturers with critical elements for operational success including material management, waste elimination, and working capital optimization. Today, manufacturers are under constant pressure to reduce costs, increase operational efficiencies and enhance revenue margins.

Supply Chain Planning Software 52

Supply Chain Planning Software Forecasting Supply Chain Planning Scenario Planning 52

GlobalTranz

JANUARY 5, 2016

The use of reverse logistics provides a myriad of benefits to include: Reduced administrative, transportation and aftermarket support costs. When a business, or other organization, purchases equipment, parts, or remanufactured equipment it is an investment. Increased velocity. Increased service market share.

Supply Chain Planning Software 120

Supply Chain Planning Software Supply Chain Software Trends Supply Chain Optimization 120

Logistics Bureau

DECEMBER 20, 2016

Despite the apparent complexities involved in supply chain management, achieving excellence really doesn’t have to be too difficult. 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. The Importance of Alignment.

Inventory Reduction 40

Inventory Reduction Cost Reduction Strategies Price Reduction Waste Reduction 40