Unleashed

MARCH 9, 2021

What is procurement? In simple terms business procurement is the process of locating and acquiring goods and services from external sources for the business to use. Procurement activities include planning, sourcing, and negotiation, along with risk management, legal and value analysis. Procurement in 2021 and beyond.

Procurement Analytics 104

Procurement Analytics Procurement Solutions Optimal Sourcing Material Savings 104

Freightos

OCTOBER 26, 2020

The shift to full end-to-end integration, of course, leaves no one else in the middle. The first is size , of course, with Maersk running over 17% of global ocean capacity , but also selling land-services to just under 20% of those same customers. Growing into a Warehousing and Fulfillment Powerhouse. Driving the Maersk Shift.

Logistics Network Optimization Software 312

Logistics Network Optimization Software Supply Chain Design Software Supply Chain Planning Software Price Reduction 312

Logistics Viewpoints

JUNE 20, 2022

However, VF is mitigating this by continuing to diversify their supply footprint, making earlier commitments on raw materials and inventory purchases, leveraging their existing relationships with carriers to secure additional capacity and equipment, ship into more ports, hiring more carriers, and even chartering full-size jetliners when appropriate.

Agile and Lean Supply Chain 242

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

Logistics Viewpoints

OCTOBER 19, 2023

Even worse, I work for a company who makes solutions to help companies solve these kinds of problems, which I listen, speak and write about for a living! Multiple calls only muddied the waters, but a few things became clear: inventory was in the warehouse, but my order for it was stuck. I should have known better.

Supply Chain Planning Software 263

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Planning 263

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 278

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 278

GlobalTranz

APRIL 6, 2021

Embracing technology is part of that solution. But the rapid shift from retail to online purchasing for staples and the surge for protective equipment, as well as unanticipated products like bread makers and home-schooling items, left many retailers flatfooted. Of course, toilet paper and paper towels were in short supply as well.

Supply Chain Planning Software 189

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Supply Chain 189

Logistics Bureau

AUGUST 2, 2021

On this blog and the one published by our sister company Logistics Bureau, we often receive questions relating to metrics suitable for monitoring procurement performance. To answer some of those inquiries, we decided to release the following brief overview of what we believe to be the most helpful procurement KPIs. Supplier Lead Time.

Procurement Analytics 98

Procurement Analytics Procurement Solutions Optimal Sourcing Procurement 98

Logistics Bureau

MARCH 14, 2018

To say there is any one single way in which to manage a warehouse would be folly—much depends on the nature of the supply chain and of the warehouse itself. Conversely, of course, this also means there are a number of ways in which companies can get it wrong. 2: Failing to Optimize Picking Paths.

Warehousing 85

Warehousing Inventory Reduction Cost Reduction Strategies Expense Reduction 85

Logistics Viewpoints

MAY 25, 2022

Of course, change is always occurring. The ability for a consumer to buy an item online, then come into the store and add to that transaction or to exchange the online purchase at the store. Dan stated that the continuous updates that come with Active WM was a strong selling point for adopting the solution.

Conference 200

Conference Supply Chain Planning Software Optimization Software Logistics Network Optimization Software 200

Supply Chain Game Changer

MARCH 4, 2020

Keys to Success in Warehouse Management/Order Fulfillment! On-Demand Warehousing article and permission to publish here provided by Will Schneider at Fulfillmentcompanies.net. And right now, you might be thinking of giving this new-fangled on-demand warehousing a go. What Is On-Demand Warehousing? I’ve been there.

Warehousing 80

Warehousing Demand Planning Software Modeling Supply and Demand 80

Kinaxis

OCTOBER 7, 2016

In response to some challenges with provenance on their product, Boston-based seafood distributor Red’s Best created its own software to track where they get their fish, and where it goes once it leaves the warehouse. The software developed by Red’s Best removes the need for paperwork. Absolutely. Seafood is no different.

Supply Chain Software 209

Supply Chain Software Supply Chain Demand Planning Software Supply Chain Network Software 209

GlobalTranz

JANUARY 18, 2019

The decision to invest in a cloud-based warehouse management system (WMS) is often the result of sub-par systems in operation within the exclusive supply chain. Scalability of a Cloud-Based WMS Is Limitless The first issue presented by a non-purpose, traditional WMS solution is scalability. Get Your Free White Paper Today.

Modeling Software 159

Modeling Software Demand Planning Software Logistics Network Optimization Software Supply Chain Software 159

GlobalTranz

NOVEMBER 17, 2016

True, they may know how to roll out big data in a single warehouse, or they may have heard their competitors used branded systems for implementing this new technology. Transportation modes used in procurement and shipping. Distribution of goods prior to purchase. However, the fundamental problem remains. Demand forecasts.

Supply Chain Design Software 120

Supply Chain Design Software Big Data Supply Chain Software Continuous Improvement 120

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. Jennings’ name. It improves financial planning.

Security 228

Security Supply Chain Planning Jordan Forecasting 228

Unleashed

SEPTEMBER 28, 2021

ERP software for the food industry comes in a range of shapes and sizes, but what should you look for when you’re thinking about using it for your business? Here we cover the 10 most important features to look for in your food manufacturing software so you can achieve product consistency, production efficiency, and regulatory compliance.

Inventory Management Software 98

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

Enterra Insights

APRIL 30, 2019

The impact of e-commerce and the consumer digital path to purchase has been significant. ”[1] Empty malls and struggling brick-and-mortar retailers also bear stark witness to the impact of the digital path to purchase. … Shoppers now purchase more online, making fewer trips to stores and seeing fewer in-store promotions.”[2].

Manufacturing Procurement 100

Manufacturing Procurement Purchasing Skills Procurement Solutions Procurement Analytics 100

Logistics Bureau

NOVEMBER 23, 2024

To say there is any one single way in which to manage a warehouse would be folly—much depends on the nature of the supply chain and of the warehouse itself. Conversely, of course, this also means there are a number of ways in which companies can get it wrong.

Warehousing 59

Warehousing Inventory Reduction Cost Reduction Strategies Waste Reduction 59

EMERGE App

JULY 11, 2024

Whether you are a construction company or a construction materials distributor, there are 3 signs that you need a construction inventory management solution to avoid the company falling into debt or even bankruptcy. What’s the inventory management solution for the construction business?

Inventory Management Software 98

Inventory Management Software Inventory Management Procurement Solutions Inventory Reduction 98

SCMDOJO

AUGUST 19, 2022

They should be tight enough to stand the test of time and flexible enough to allow the integration of innovative solutions as technology advances. Also, optimize accounting processes by obtaining supply chain software to monitor and balance out your financial structure. Automation. Real-time Inventory Management. Always Leverage Data.

Supply Chain Software 130

Supply Chain Software Optimal Sourcing Supply Chain Optimization Manufacturing Procurement 130

Logistics Bureau

DECEMBER 6, 2024

What is new about gamification though is the application of digital software to make it more engaging, immediate, and suitable for a range of environments beyond the classroom. Indeed, gamification is becoming an increasingly popular feature across the entire supply chain, from procurement to last-mile delivery.

Warehousing 58

Warehousing Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 58

SCMDOJO

JULY 13, 2022

National Association of Educational Procurement. Indeed, it is a handy tool to locate jobs. This online job search tool also helps you generate a cover letter or professional summary applicable to your work history and experience. I have used Indeed for several years and am very grateful for this tool!

Supply Chain Design Software 128

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 128

GlobalTranz

JULY 20, 2017

Editor's Note: Today's blog is from Red Stag Fulfillment who show us how an Order Fulfillment Solution can help reduce risk. Of course, you probably want your business to thrive. So, someone will make a purchase with you first. Then, your order fulfillment solution will pack all the products and ship them to your buyer.

Procurement Solutions 124

Procurement Solutions Price Reduction Purchasing Skills Cost Reduction Strategies 124

The Logistics & Supply Chain Management Society

JUNE 30, 2022

As part of LogiSYM Asia Pacific 2022, we had the opportunity to chat with Vittorio Favati, Chief Executive Officer – TVS Supply Chain Solutions GFS. Currently, I am leading the Global Forwarding Solutions (GFS) business of TVS SCS. How has Business and Supply Chain changed over the course of your career?

Supply Chain Design Software 130

Supply Chain Design Software Supply Chain Planning Software Procurement Solutions Supply Chain Software 130

Jaggaer

MAY 7, 2019

Procurement in Banking also faces unique challenges due to the tough regulatory compliance environment that sets limits on how Banks can achieve goals like cutting costs. The bank’s Chief Procurement Officer may want to change vendor. There is also, of course, plenty of scope for bribery and corruption.

Procurement Solutions 75

Procurement Solutions Optimal Sourcing Procurement Vendor Strategies 75

The Logistics & Supply Chain Management Society

MARCH 22, 2022

To ensure product quality we need a system that enables us to track unit-level items, spot problems, find an optimized solution, communicate our action plan, and orchestrate a response. The platform also alerts users to potential problems with predictive analytics and proposes optimal solutions using prescriptive analytics as well.

Supply Chain Planning Software 245

Supply Chain Planning Software Prescriptive Analytics Software Real-time Visibility Optimal Sourcing 245

Unleashed

NOVEMBER 29, 2021

Manufacturers and brick-and-mortar retailers have been using software to manage their inventory for years – but inventory management is even more important when you’re running a business that operates in the complex eCommerce space. Learn more: Guide to Effective Multichannel Selling What is eCommerce inventory management?

Inventory Management Software 98

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

Unleashed

OCTOBER 6, 2021

Using this strategy improves efficiencies in product delivery, frees up capital and reduces warehousing costs. It can also be used to configure warehousing to ensure the most effective storage of the three types of goods. It can also reduce downtime resulting from late stock delivery. It also avoids the need to dip into safety stock.

Inventory Reduction 95

Inventory Reduction Cost Reduction Strategies Material Savings Vendor Strategies 95

Kanban Logistics

AUGUST 13, 2020

This includes the procurement and delivery of the parts used to build the finished product. Third-party procurement. Right now, your buyers probably spend a good percentage of their time negotiating with, and procuring goods from, makers of boxes, nuts, bolts, and other consumable parts and materials. What is inbound logistics?

3PL 98

3PL Manufacturing Procurement Logistics Network Optimization Software Material Savings 98

Jaggaer

MARCH 23, 2020

This was all very well but unless you had a PhD in statistics or mathematics or an applied mathematics subject like risk management, analytics was not a whole lot of use to you; even if you could make sense of the complex algorithms, it was hard to work out which tools to apply. And that, of course, includes procurement professionals.

Procurement Analytics 78

Procurement Analytics Analytics Software Procurement Solutions Optimal Sourcing 78

The Logistics & Supply Chain Management Society

AUGUST 14, 2023

Changing Landscape of Supply Chain Executives Traditionally, supply chain executives excelled in managing functions like transportation, warehousing, inventory, and production planning but supply chain process extends beyond the firm, involving global relationships with suppliers and customers.

Purchasing Skills 130

Purchasing Skills Buyer Training Asia Supply Chain Design Software 130

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

6 River Systems

OCTOBER 30, 2019

Warehouse robots are just one form of warehouse automation , but they’re making a big impact. From greater flexibility and scalability to productivity gains, a faster ROI compared to other automation solutions and better resource management, warehouse robots are changing the face of warehousing.

Warehousing 78

Warehousing Supply Chain Software Supply Chain Design Software Supply Chain Planning Software 78

Unleashed

MARCH 7, 2021

A centralised supply chain is the traditional supply chain model, featuring a central headquarters and warehouse based in a singular location. This HQ will feature procurement, distribution and other logistics officers who handle the work of the entire network. What is a centralised supply chain? Limited operational costs.

Supply Chain Design Software 124

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain 124

Logistics Bureau

AUGUST 7, 2023

In this article, we’ll look at some of those challenges and explore potential solutions to help you and your IM team meet the burgeoning demand for fast and accurate order fulfilment. Standardise and Digitise The key to managing complexity, of course, is to be organised. Your inventory turns ratio is low.

Inventory Management Software 85

Inventory Management Software Inventory Reduction Inventory Management Inventory 85

Unleashed

DECEMBER 14, 2021

Whether you’re planning on purchasing products from a food wholesaler, or thinking about moving into food wholesaling yourself, this overview of the industry – and what its future holds – is for you. Food wholesalers warehouse products in bulk, then provide usable amounts to businesses – from restaurants to hospitals.

Food 98

Food Purchasing Skills Distribution Price Reduction 98

The Logistics of Logistics

MAY 27, 2019

I spend all of my time in supply chain and logistics software, focusing on the lower-middle market. [01:54] It’s never been easier to develop software and technology than it is right now because there are so many tools and platforms. Of course, there is the migration from retail to ecommerce. [17:29] Why should it happen?

3PL 124

3PL Supply Chain Planning Software Logistics Network Optimization Software Demand Planning Software 124

Unleashed

AUGUST 5, 2021

Material Requirements Planning software can be a good solution for modern manufacturers. But how does MRP work, and how is it different from other modern manufacturing software? Learn more: Unleashed Software for manufacturers What is MRP? MRP helps manufacturers make better decisions around when to purchase materials.

Material Savings 98

Material Savings Supply Chain Planning Software Inventory Management Software Forecasting Software 98