Freightos

JUNE 6, 2023

This was terrible news for a company now on the hook to ship to kids who were suddenly cooped up and hankering for a fort. Listen to the full podcast interview here ) Source: Fort Of course, this stark reality was faced by many small and medium-sized businesses (SMBs) during the peak of the pandemic. This trend was a while in coming.

Manufacturing Procurement 328

Manufacturing Procurement Optimal Sourcing Inventory Reduction Supply and Demand 328

ToolsGroup

APRIL 4, 2023

By land, by air, by sea – transit organizations know the competition is fierce for retaining customer loyalty, requiring inventory management strategies that balance consumer needs with sustainability initiatives and business goals. In other cases, such as cruise ships, the ship is the warehouse.

Inventory Reduction 156

Inventory Reduction Waste Reduction Material Savings Cost Reduction Strategies 156

Supply Chain Game Changer

MARCH 26, 2020

Featuring Our 10 Best Inventory Management Articles! Inventory Management Best Practices article originally published by, and permission to publish here provided by, Dave Joseph at veridian.info. Use ABC Analysis to Categorize Your Inventory. The use of ABC analysis to categorize inventory is not a new concept.

Inventory Management Software 124

Inventory Management Software Inventory Management Inventory Reduction Inventory 124

Logistics Viewpoints

FEBRUARY 28, 2023

It is making use of inventory that is the easiest/fastest to get to the customer, no matter through which channel the order was placed. Numerous supply chain disruptions affected the ability to get inventory in time – or at all – and now that the backlog caught up, many organizations are experiencing a surplus of inventory.

Optimal Sourcing 227

Optimal Sourcing Sourcing Strategies Inventory Reduction Vendor Strategies 227

ToolsGroup

OCTOBER 25, 2022

More than ever, seasonal inventory needs to be carefully accounted for during the demand forecasting and inventory planning process , ensuring right-sized inventory that can meet customer expectations while limiting the spend and use of working capital. Benefits of Effective Seasonal Inventory Management.

Inventory Reduction 156

Inventory Reduction Inventory Optimal Sourcing Supply and Demand 156

Supply Chain Shaman

FEBRUARY 26, 2024

Over the next five weeks, seventy business/technology and consulting leaders will complete the course. They implemented a simple planning technology with an outside-in channel-centric model (Ship to model definition). The implementation of NoSQL for inventory management gives them an inventory signal with little to no process latency.

Modeling 207

Modeling Supply and Demand Optimal Sourcing Supply Chain Planning Software 207

GlobalTranz

DECEMBER 5, 2018

Shippers need to know why freight black swans are increasing, how using LTL to intermodal shipping options can reduce their incidence, and a few best practices to keep the use of intermodal from becoming a black swan itself. Shippers should work with multiple carriers and tap into the value of both LTL and intermodal shipping too.

Price Reduction 168

Price Reduction Resource Reduction Cost Reduction Strategies Inventory Reduction 168

Enterra Insights

JUNE 22, 2022

The irony of excess inventory. ”[3] He continues, “The past two years have been blighted by supply shortages — with just-in-time retailers struggling to ship their goods, electronics manufacturers staring down a shortage of computer chips, and supermarkets struggling to fill their shelves. ” Optimizing inventory.

Inventory Reduction 130

Inventory Reduction Inventory Prescriptive Analytics Software Inventory Management Software 130

Logistics Viewpoints

JANUARY 22, 2024

A customer can of course buy goods in a store. They can also order online and have goods shipped to their home. Historically, an OOM has access to all the company’s inventory. The system allocated which orders would get inventory from a given location to fulfill an order. Rules were used to make these decisions.

Supply Chain Optimization 272

Supply Chain Optimization Modeling Supply Chain Software Optimization Software 272

Supply Chain Shaman

SEPTEMBER 20, 2015

Instead, in the SanDisk journey , they adjusted the speed of response to their customer segments, and actively designing inventory postponement strategies. The supply chain is vertically integrated and global shipping almost 2 million units daily. For me it was ironic, because SanDisk’s journey is not about demand. Does it work?

Inventory Reduction 150

Inventory Reduction Cost Reduction Strategies Sourcing Strategies Supply Chain Strategy 150

GlobalTranz

JANUARY 21, 2019

We will turn over each stone and consider how innovative technology will shape the future of shipping and logistics. Of course, the best plans depend on the actions of yesterday. So, let us reflect on the peak shipping season trends we saw at the close of 2018 and how those trends will affect the industry now and throughout 2019.

Trends 152

Trends Shipping Purchasing Skills Supply Chain Software 152

Logistics Viewpoints

OCTOBER 24, 2024

At one of the demo booths, what stood out was the ability of the procurement solution to track savings leakage over the course of a contract. For example, a buyer might say, “You only shipped me 800 of the 1000 products I ordered.” And the supplier might reply, “I only agreed to ship 800.”

SAP 247

SAP Procurement Solutions Manufacturing Procurement Procurement Analytics 247

Logistics Viewpoints

NOVEMBER 4, 2024

The forecast can be compared to what actually shipped or sold. We are no longer just forecasting demand but also when trucks and factory machinery are likely to break down ( predictive maintenance ), the optimal amount of inventory to hold and where it should be held ( inventory optimization) , and labor forecasting in the warehouse.

Supply Chain Planning Software 287

Supply Chain Planning Software Modeling Optimal Sourcing Supply Chain Design Software 287

Logistics Viewpoints

APRIL 10, 2023

Or, alternatively, a company carries too much inventory, storage for excess inventory must be purchased, and cash flows become tight. Many Franklin Sports products carry official sports logos – Major League Baseball, NHL, NFL, Major League Soccer logos, and of course USAPA. The timing was not great. When she joined, Ms.

Security 228

Security Supply Chain Planning Jordan Forecasting 228

Logistics Viewpoints

MAY 19, 2022

He had a load full of cotton bales, and while idling away hours at a shipyard watching stevedores load other cargo onto ships he dreamed up containers that transformed global supply chains. Containerization eventually reduced shipping and loading costs by at least 75%. Why supply chain optimization matters. Now that’s an ROI!

Optimal Sourcing 266

Optimal Sourcing Modeling Supply Chain Optimization Optimization Software 266

Logistics Viewpoints

FEBRUARY 2, 2024

Amazon achieved its fastest-ever global shipping times last year but isn’t resting on its laurels. cities over the course of the year, bringing the total number to 110. While I like his optimism, I’ll believe it when I see it. And now on to this week’s logistics news.

Cost Reduction Strategies 271

Cost Reduction Strategies Inventory Reduction Logistics Network Optimization Software Manufacturing Procurement 271

Supply Chain Shaman

SEPTEMBER 27, 2021

Today, more than 1% of the world’s container ships are stuck off major ports. Warehouses are full–often with the wrong stuff resulting in the slowing of the forty million shipping containers around the world. Over the course of the five months, we iterated on the model over seven sessions. My personal learning?

Supply Chain Planning Software 333

Supply Chain Planning Software Sourcing Strategies Manufacturing Procurement Supply Chain Design Software 333

Logistics Viewpoints

JUNE 20, 2022

There will be one view of inventory across the entire distributed network.”. The old product development process involved shipping prototypes back and forth. During COVID, VF responded to COVID-driven consumer behaviors by adding new omnichannel capabilities like buy-online, pick-up-in-store and ship-from-store. Conclusion.

Agile and Lean Supply Chain 242

Agile and Lean Supply Chain Supply Chain Planning Software Manufacturing Procurement Supply Chain Software 242

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

Logility

MAY 3, 2021

Business planning is, of course, essential, but the real proof is in the execution. There’s an obvious day-to-day operational gap left by S&OP; you still need a way to deal with short-term issues for things like production, shipping, and equipment. S&OE Bridges the Gap. Designing an S&OE Process.

Inventory Reduction 246

Inventory Reduction Cost Reduction Strategies Resource Reduction Sourcing Strategies 246

Logistics Viewpoints

APRIL 22, 2024

But for that to occur, all of the dominos must fall into place: the product must be available to promise, there needs to be enough shipping capacity, and there needs to be an understanding of how inventory will be moved between mills and distribution centers. Of course, getting a promise right is vital.

Georgia 263

Georgia Optimal Sourcing Modeling Modeling Software 263

Freightos

MAY 13, 2019

They build internal tools and then offer them as a service – just like Amazon warehouses were first used for their inventory and then opened up for FBA sellers, trucking will go the same way. Of course, as many have pointed out, they’re not a monopoly. And once it arrives in the US, using Amazon Global Logistics, of course.

Logistics Network Optimization Software 201

Logistics Network Optimization Software Logistics Supply Chain Planning Software Freight 201

Logistics Viewpoints

MAY 31, 2023

Of course, moving forward also sets the tone for discussions about how Manhattan Associates customers are moving their businesses forward and how Manhattan is moving forward with its product roadmap. Additionally, users can pull trailers from the yard just-in-time to utilize the trailer inventory for outbound shipments.

Conference 241

Conference Real-time Visibility Supply Chain Planning Software Optimization Software 241

Enterra Insights

NOVEMBER 23, 2021

Much of the finger-pointing involved the movement of shipping containers into and out of port facilities. For the supply chain to work smoothly, a complex and highly choreographed dance, involving both full and empty shipping containers, must be performed. More than 80 ships stretched to the distance — a new record. ”[1].

Supply Chain Design Software 130

Supply Chain Design Software Shipping Supply Chain Design Supply Chain Planning Software 130

Supply Chain Shaman

SEPTEMBER 24, 2013

The supply chain team takes and ships orders. Sometimes, in this process, they have cut muscle, not just fat, limiting the potential of the supply chain to balance costs, inventory cycles and complexity. ” And, of course, the commercial team quickly sees the relative importance of their request.

Supply Chain Planning Software 271

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Software 271

GlobalTranz

SEPTEMBER 7, 2018

Customers view it as the fulfillment of online orders , but with the recent developments in Amazon’s breadth of companies, e-commerce fulfillment is becoming more akin to Walmart’s ship-to-store and pickup options. Gain real-time visibility into inventory, moving to a just-in-time inventory management strategy.

Inventory Reduction 177

Inventory Reduction Cost Reduction Strategies Supply Chain Planning Software Inventory Management Software 177

Logistics Bureau

AUGUST 7, 2023

Effective inventory management has become increasingly crucial for businesses in this fast-paced and rapidly evolving era of ecommerce. Moreover, the ecommerce explosion has brought new and unique challenges that complicate inventory management for enterprises selling online.

Inventory Management Software 85

Inventory Management Software Inventory Reduction Inventory Management Inventory 85

Logistics Bureau

OCTOBER 10, 2022

Too much inventory in your distribution network? Inventory costs too high? These are all pervasive issues for supply chain operators worldwide—and are classic symptoms of suboptimal inventory performance. But what exactly does inventory optimisation mean, and what obstacles must first be broken down to achieve it?

Modeling 103

Modeling Inventory Reduction Network Optimization Supply Chain Optimization 103

Supply Chain Game Changer

SEPTEMBER 15, 2021

Featuring Our 10 Best Inventory Management Articles! Inventory management is a holistic and logical methodology for handling both raw materials and finished products. Raw material inventory management represents a vital stage in the successful supervision of any manufacturing company’s supply chain. Subscribe Here!

Inventory Management Software 92

Inventory Management Software Manufacturing Procurement Inventory Management Supply Chain Planning Software 92

Unleashed

AUGUST 23, 2021

A crystal ball sometimes wouldn’t go amiss in inventory forecasting. Here we explain the methods and formulas you can use to improve your inventory forecasting, and best practices for your business when designing and carrying out this process. Read more: What is Inventory Management?

Forecasting 98

Forecasting Forecasting Software Inventory Reduction Inventory Management Software 98

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? Better decision-making – as you can make decisions with data, rather than gut feelings.

Inventory Reduction 98

Inventory Reduction Inventory Inventory Management Software Procurement Analytics 98

GlobalTranz

FEBRUARY 25, 2021

According to the Council of Logistics Management, it is “the process of planning, implementing, and controlling the efficient, cost effective flow of raw materials, in-process inventory, finished goods and related information from the point of consumption to the point of origin for the purpose of recapturing value or proper disposal.

Reverse Logistics 210

Reverse Logistics Logistics Network Optimization Software Material Savings Logistics 210

Supply Chain Shaman

AUGUST 7, 2019

Most companies cannot get to data by customer on orders shipped incomplete to understand root cause analysis. 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. inventory turns.

Supply Chain Design Software 253

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

Supply Chain Shaman

AUGUST 11, 2014

Over the course of the last two years, we at Supply Chain Insight s have worked on a methodology to gauge supply chain improvement. The balance factor tracks progress on both year-over-year growth and Return on Invested Capital (ROIC), and the strength factor is based upon improvement in both operating margin and inventory turns.

Case Study 286

Case Study Optimal Sourcing Supply Chain Planning Software Supply Chain Design Software 286

ToolsGroup

FEBRUARY 7, 2021

On the other hand, of course, as the consumer was not so focused on other industries, we had a slight decrease also there. I think it’s more that the idea of sourcing and how to buffer certain inventory will be definitely more localized. All the shipping companies were completely, let’s say, sold out.

Predictive Analytics Software 295

Predictive Analytics Software Retail Modeling Forecasting 295

Supply Chain Shaman

MARCH 5, 2019

I was at a customer last week that shipped to distributors and did not know the site of customer facilities. For example, only 29% of manufacturing companies can access total cost data and 31% struggle to see the impact of business decisions on inventory. 3) Granularity. Master data. The devil is in the details. Dance with the devil.

Supply Chain Design Software 294

Supply Chain Design Software Real-time Visibility Prescriptive Analytics Software Supply Chain Planning Software 294

Logistics Bureau

MAY 24, 2021

Among the universal challenges that the COVID-19 pandemic has imposed upon the supply chain management profession is the question of inventory, specifically, “how much is enough?”. It wasn’t long ago that businesses were asking, “By how much can I reduce my levels of inventory?”. Let’s Start with Safety Stock.

Inventory Reduction 98

Inventory Reduction Inventory Supply Chain Planning Software Company 98