The Logistics & Supply Chain Management Society

SEPTEMBER 14, 2023

Although 2023 first half reliability has been improving to around 65%, the lead time variability is still high compared to other modes of transportation, and still below pre-pandemic levels. Supply chain managers require visibility to track the necessary components from a purchase order for production or to fulfill a customer order.

Rail Software 244

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

GlobalTranz

JANUARY 7, 2016

Editor's Note: This is a two part series featuring Chuck Intrieri, who along with providing excellent insights over at his industry leading The Lean Supply Chain blog, is also a consultant who works with companies for Cost Reduction, Supply Chain Optimization, Logistics, Manufacturing, and 3PL Selection. It was called, “ The Short List ”.

Manufacturing Procurement 120

Manufacturing Procurement Manufacturing Eliminating Excel in Purchasing Purchasing Skills 120

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. Gartner 2021 Women in Supply Chain Survey Shows Resilience, Improvement in Representation. Published 27 May 2021.

Supply Chain Planning Software 177

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

RFgen

DECEMBER 19, 2024

Data-driven forecasting improves purchasing and cuts storage expenses. Outsourcing to a 3PL can provide access to advanced warehousing technologies, optimized logistics networks, and specialized expertise in areas such as inventory management, transportation, and order fulfillment.

Optimal Sourcing 97

Optimal Sourcing Optimization Software Waste Reduction Inventory Reduction 97

GlobalTranz

FEBRUARY 16, 2016

An excellent Warehouse Management System (WMS) can help reduce costs by automating cycle counting, and maintaining location control. A Transportation Management System (TMS) optimizes freight to utilize the most effective lanes and routes. transportation fuel) at a reduced cost that comes with buying in greater quantities.

Cost Reduction Strategies 120

Cost Reduction Strategies Inventory Reduction Vendor Strategies Material Savings 120

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. Make it concrete.

Supply Chain Planning Software 195

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

Supply Chain Shaman

JUNE 29, 2016

The network senses, translates, and orchestrates market changes (buy and sell-side markets) bi-directionally with near-real time data to align sell, deliver, make and sourcing organizations outside-in. Thoma Bravo purchased Elemica in June 2016. This is a missionary buying market where taxonomies and technologies are not clear.

Supply Chain Network Software 156

Supply Chain Network Software Supply Chain Planning Software Supply Chain Design Software Demand Planning Software 156

Supply Chain Shaman

AUGUST 14, 2016

The network senses, translates, and orchestrates market changes (buy- and sell-side markets) bidirectionally with near real-time data to align sell, deliver, make and sourcing organizations outside-in. The translation of independent demand into cycle stock reduction in production planning and material buying in demand-driven MRP.

Material Savings 191

Material Savings Inventory Reduction Price Reduction Cost Reduction Strategies 191

Supply Chain Shaman

APRIL 7, 2016

While traditional supply chain processes evolved from functional excellence definitions for source, make and deliver from the inside-out; to make the digital pivot and become more market-driven, companies need to define new supply chain processes outside-in. How easy is it to buy from your company? Bio-engineering? Customization?

Supply Chain Design Software 150

Supply Chain Design Software Supply and Demand Supply Chain Planning Software Supply Chain Network Software 150

SCMDOJO

DECEMBER 14, 2023

But what’s a sourcing agency or sourcing agent and how does it make buying things easier? Let’s uncover the mystery behind the role of sourcing agencies and see how they make the job of buying things much simpler. They play a big role in making sure the whole process of buying things goes smoothly from start to finish.

Purchasing Skills 104

Purchasing Skills Optimal Sourcing Negotiating Skills Sourcing Strategies 104

GlobalTranz

OCTOBER 23, 2015

Process improvements and Continuous Improvement Opportunities. Both parties must develop human resources to improve operations. Human Resources should be trained for continuous improvement. Six Sigma Quality and problem solving are necessary for Continuous Improvement.

KPI 120

KPI 3PL Supply Chain Planning Software Resource Reduction 120

Oracle SCM

JULY 12, 2017

Companies tripped over themselves to build ecommerce portals, and one-click purchasing grew in relevance. This enables reduction of carbon inefficiencies, minimized energy consumption, less waste with “recycle-reuse-refurbish” materials, and optimized travel and transportation. Agility is the name of the game.

Inventory Reduction 163

Inventory Reduction Resource Reduction Price Reduction Cost Reduction Strategies 163

GlobalTranz

FEBRUARY 2, 2015

Editor’s Note: Cerasis is a 3PL focused on transportation management. Distributors will inbound to a manufacturer the inventory needed and transportation management, especially inbound freight management, efficiency is paramount to an effective vendor managed inventory model. No Purchase Orders were used.

Vendor Strategies 120

Vendor Strategies Inventory Reduction Modeling Software Modeling 120

SCMDOJO

FEBRUARY 20, 2023

It involves various activities, such as warehousing, inventory management, transportation, and logistics. This involves understanding customer buying behaviour trends, seasonal variations, production schedules, and more. Logistics KPI Dashboard Excel Template 4.

Inventory Reduction 119

Inventory Reduction Cost Reduction Strategies Resource Reduction Supply Chain Planning Software 119

GlobalTranz

MAY 13, 2015

However, one thing that should come to mind is the prowess of the retail giant’s supply chain excellence. ” The Key’s To Walmart’s Supply Chain Management Excellence over the Year. Walmart uses its mammoth purchasing power to shape suppliers’ behavior which also drives down costs, Gartner said.

Gartner 120

Gartner Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 120

Kinaxis

JANUARY 15, 2015

Consulting firms deliver strategy and process improvements, but leave the customer to execute and sustain the new process, while software companies sell new supply chain capabilities without executing and driving its adoption. The Talent Make vs. Buy Decision. A similar trend emerged in the electronics manufacturing sector.

Supply Chain Planning Software 100

Supply Chain Planning Software Supply Chain Design Software SCM Supply Chain Software 100

Supply Chain Shaman

MARCH 15, 2016

Since most companies invested in the automation of the enterprise, not the value network, visibility within the company and the transportation network is a strength. The processes are largely batch, using data with great latency (orders and purchase orders). In 2004 Compuware purchased Covisint. There are many reasons.

Supply Chain Software 150

Supply Chain Software Supply Chain Network Software Manufacturing Procurement Supply Chain Planning Software 150

SCMDOJO

MARCH 19, 2024

Logistics Logistics involves managing the transportation and delivery of goods. This includes selecting the most cost-effective carriers, optimizing routes, and utilizing technology solutions, so businesses can minimize lead times and improve customer satisfaction. Logistics Coordinators Manage transportation and delivery of goods.

Optimal Sourcing 98

Optimal Sourcing Supply Chain Planning Software Negotiating Skills Material Savings 98

SCMDOJO

JULY 3, 2023

Procurement training equips you to excel in the corporate world by teaching you everything from supplier dynamics to negotiating strategies. What is procurement and purchasing Lesson 2. Procurement and Purchasing Cycle Lesson 7. Make or Buy decision Lesson 3. Trends and tendencies in procurement Lesson 3.

Purchasing Training 98

Purchasing Training Negotiating Skills Buyer Training Manufacturing Procurement 98

The Logistics of Logistics

DECEMBER 2, 2012

Highly effective shippers realize that purchasing decisions should be based on value, not just cost. The best value combines a good price, with excellent on time performance and great service. Excellent communication. Processes also enable cross training and continuous improvement. Continuous improvement.

Logistics Network Optimization Software 274

Logistics Network Optimization Software Pricing Training Continuous Improvement Purchasing Skills 274

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

The Logistics of Logistics

OCTOBER 23, 2023

Stephanie is the Senior Vice President of Operations Excellence and Collaborative Innovation at Pitney Bowes , a global shipping and mailing company that provides technology, logistics, and financial services to help clients simplify the complexities of sending parcels and mail. It serves more than 90% of the Fortune 500.

Logistics Network Optimization Software 279

Logistics Network Optimization Software Innovation Logistics Optimization Software 279

BlueYonder

AUGUST 28, 2017

Operational Excellence Delivers Profit Optimization. The disciplines of interest will include supply management, efficient order fulfillment, transportation and workforce. Transportation Optimization. Let’s look at these independently for critical capabilities and then revert to the holistic orchestration: Supply Management.

Optimal Sourcing 65

Optimal Sourcing Sourcing Strategies Supply Chain Planning Software Supply Chain Software 65

NC State SCRC

MAY 4, 2022

Price analysis is a subject that is often overlooked in supply chain education, (although it is certainly a big part of our chapter on Strategic Cost Management in Purchasing and Supply Chain Management ). Whatever you want to call it, Price Analysis is an activity that is well worth conducting. Maybe Price Analysis’s time has returned!

Purchasing Skills 59

Purchasing Skills Analysis Optimal Sourcing Procurement Solutions 59

SCMDOJO

APRIL 24, 2024

Companies are looking for new solutions to reduce their environmental footprint, such as optimizing transportation routes to minimize fuel consumption, using renewable energy sources in warehouses and distribution centers, and implementing circular economy principles to extend the life of products and materials.

Optimal Sourcing 90

Optimal Sourcing Agile and Lean Supply Chain Waste Reduction Material Savings 90

Locus

JUNE 24, 2024

Additionally, Locus’ commitment to innovation and continuous improvement ensures that their solutions evolve with the ever-changing demands of the retail industry. Locus is continually developing and enhancing its platform to address emerging challenges and meet the evolving needs of its clients.

Logistics Network Optimization Software 52

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

6 River Systems

DECEMBER 11, 2018

Tips for improving customer experience. Create an adaptive unified buying process. “If you look at the typical buying process, it is bifurcated based on geography. If I am going to buy goods from this geography, then I use this process. Logistics personnel and supplier management pointers.

Inventory Reduction 75

Inventory Reduction Cost Reduction Strategies Resource Reduction Sourcing Strategies 75

Intelligent Audit

JANUARY 6, 2022

However, transportation capacity is rapidly approaching a breaking point, driving rates higher than they’ve ever been. Provide Discounts on Worthy Purchases. Loyalty or rewards programs, such as Amazon Prime or Walmart+, encourage consumers to continue shopping with a given retailer. Implement Vendor Compliance Programs.

Vendor Strategies 52

Vendor Strategies Cost Reduction Strategies Expense Reduction Price Mitigation Strategies 52

SCMDOJO

FEBRUARY 29, 2024

It is arguably true that supplier performance management is considered a business practice for measuring, analyzing, and managing supplier performance to reduce cost, and risk and also drive continuous improvement. Figure 1 shows a sample proposed SPM project structure for a transportation services company.

Vendor Strategies 84

Vendor Strategies Resource Reduction Price Reduction Procurement Analytics 84

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

DiManEx

SEPTEMBER 9, 2020

DiManEx serves global customers in the Industrial, Transport, Household Appliances, Packaging and Automotive segments. We partner with global companies like IDEAS (India) for engineering services and UPS (global) for transport services. We do this by using advanced analytics, digitization and 3D printing.

Supply Chain Planning Software 40

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Supply Chain 40

ThroughPut

NOVEMBER 12, 2020

However the current situation shows certain weaknesses in warehousing practices being followed: Lack of a strong technology focus for efficiency and quality improvement Absence of valid methodologies to identify the root causes of bad performance in a structured approach. Lean warehousing. Simultaneous shipment scheduling.

Warehousing 52

Warehousing Expense Reduction Supply Chain Design Software Inventory Reduction 52

Unleashed

FEBRUARY 26, 2024

Continuous improvement : Implementing a culture of continuous improvement enables you to identify inefficiencies and implement best practices for managing warehouse inventory. Forklifts are used for transporting palletized goods, loading and unloading shipments, and replenishing inventory in storage locations.

Inventory Management Software 52

Inventory Management Software Inventory Reduction Inventory Management Material Savings 52

BlueYonder

AUGUST 28, 2017

Operational Excellence Delivers Profit Optimization. The disciplines of interest will include supply management, efficient order fulfillment, transportation and workforce. Transportation Optimization. Let’s look at these independently for critical capabilities and then revert to the holistic orchestration: Supply Management.

Optimal Sourcing 40

Optimal Sourcing Sourcing Strategies Supply Chain Planning Software Supply Chain Software 40

ThroughPut

JUNE 24, 2022

Speed in decision-making, speed in reducing cycle-times, speed in operations, and speed in continuous improvement. This has severely affected the smooth supply chain functioning across the globe due to the “panic buying” ripple effect. AI in the supply chain is here to stay and make waves in the years to come.

Supply Chain Planning Software 98

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

Logistics Bureau

JANUARY 1, 2018

Are production, warehousing and transport ready to become lights-out operations, where no human being is needed? What Needs to Be Improved in Supply Chains right now?” Transport network unpredictability. A macro in Microsoft Excel or Word is a primitive form of AI. Continuous improvement.

Supply Chain Planning Software 63

Supply Chain Planning Software Supply Chain Software Negotiating Skills Supply Chain Network Software 63

ThroughPut

FEBRUARY 2, 2024

Sluggish vs Optimized Transportation and Logistics Without Advanced Analytics : Logistics operations may operate on static routing and scheduling, not accounting for variables like traffic, weather, or sudden changes in demand. By analyzing customer behavior, purchase histories, and search trends, Amazon predicts future product demand.

Prescriptive Analytics Software 52

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