ToolsGroup

OCTOBER 17, 2024

Are you making the fatal mistake of underestimating the importance of inventory rebalancing? Many retailers treat inventory management as a mundane task rather than a strategic lever for success. It’s about strategically adjusting your inventory levels across locations and products in response to real-time customer demand.

Inventory Reduction 156

Inventory Reduction Cost Reduction Strategies Expense Reduction Resource Reduction 156

ivalua

NOVEMBER 26, 2020

Supply Chain Strategies: What the Pandemic Has Taught Us So Far? While this strategy appears to be a viable solution, as there will be some shortening of supply chains moving forward, it is not realistic to expect that a vast global supply chain network will not continue to exist.

Sourcing Strategies 264

Sourcing Strategies Material Savings Cost Reduction Strategies Inventory Reduction 264

The Logistics & Supply Chain Management Society

DECEMBER 21, 2021

Logistics & warehousing infrastructures are a critical part of any supply chain operational model. We see a renewed focus on inventory positioning, given the attention on supply chain risk management and the exponential growth in e-commerce activities, as well as higher demand for cold chain logistics. Customer Challenges.

Warehousing 245

Warehousing Supply Chain Software Supply Chain Design Software Modeling 245

The Logistics of Logistics

NOVEMBER 8, 2021

The New World Of Warehousing with Matt Fain. Matt Fain and Joe Lynch discuss the new world of warehousing. Matt is the Co-Founder and CEO of popcapacity , which is dedicated to simplifying the process for sourcing warehouse space. Popcapacity leverages technology to simplify the process of sourcing warehouse space.

Warehousing 227

Warehousing Logistics Network Optimization Software Supply Chain Design Software Inventory Management Software 227

Logistics Viewpoints

AUGUST 17, 2022

Earlier this month, Brian Gaunt, Senior Director of Accelerated Digitization at DHL, provided me with an update on the company’s warehouse digitization journey. DHL Supply Chain has instituted a well-defined process for vetting and adopting warehouse technologies. DHL Innovation Funnel. Autonomous Mobile Robots and AGVs.

Warehousing 318

Warehousing Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software 318

Supply Chain Shaman

MARCH 21, 2024

The Company was attempting to gain economies of scale by grouping manufacturing technologies within a common infrastructure to reap the benefits of a co-generation facility, a centralized warehouse, and a talented administrative team. In parallel, I started working on a project to eliminate the secretarial pool. The So What?

Inventory Reduction 394

Inventory Reduction Supply Chain Planning Software Cost Reduction Strategies Supply Chain Design Software 394

ToolsGroup

MARCH 24, 2021

Now consider that by not optimizing your inventory from a global vantage point you may be creating, if not outright chaos, a much less efficient network than you could have. When it comes to inventory management, each piece must operate as a part of a global integrated system to be most effective.

Modeling 270

Modeling Optimization Software Inventory Reduction Network Optimization 270

Logistics Viewpoints

JULY 30, 2024

But shippers looking to avoid disruptions and ensure that tight inventory levels don’t lead to missed sales opportunities pulled their orders forward. As companies look ahead to the next three to six months, they’re weighing costs, risks, and demand as they plan and adapt their inventory strategies.

Inventory Reduction 229

Inventory Reduction Real-time Visibility Supply Chain Planning Software Supply Chain Design Software 229

Logistics Viewpoints

NOVEMBER 26, 2024

For example, a warehouse inventory discrepancy may only matter if it affects high-priority orders or strategic customers. This context-aware approach increases trust in AI systems, reducing reliance on manual processes and enabling faster data-driven decisions. She lives in the Miami-Ft Lauderdale area with her family.

Resource Reduction 216

Resource Reduction Inventory Reduction Sourcing Strategies Supply Chain Planning Software 216

Logility

JUNE 5, 2024

This urges a shift from the unsustainable practice of buffering against uncertainty with high inventory levels. Enter Inventory Optimization (IO) as a vital strategy to combat supply chain stress. Yet, recent research suggests a more advanced approach, Multi-Echelon Inventory Optimization (MEIO), surpasses traditional methods.

Optimal Sourcing 185

Optimal Sourcing Inventory Reduction Inventory Management Software Modeling 185

Logistics Viewpoints

JANUARY 21, 2021

Increased lead time accuracy reduces risks involved in transportation and logistics, improving your overall supply chain. It allows shippers to reduce their operating costs, optimize capital, allocate resources more efficiently, and can lead to higher customer satisfaction, increased revenues, and even improve their competitive advantage.

Predictive Analytics Software 347

Predictive Analytics Software Logistics Network Optimization Software Modeling Inventory Reduction 347

Logistics Viewpoints

AUGUST 31, 2023

Today’s article comes from Kyle Franklin, Senior Solutions Consultant, Lucas Systems, and looks at warehouse distribution errors. Being a veteran of the warehouse industry throughout my career has given me a unique insight into many aspects of distribution interaction. In each case, I was sure what had caused the mistake.

Warehousing 237

Warehousing Distribution Vendor Strategies How To 237

Logistics Viewpoints

JULY 24, 2024

Robotic Process Automation Deployment According to the APQC data, organizations are exploring Robotic Process Automation across a number of supply chain areas, including supply chain planning, sourcing and procurement, logistics and warehousing, and manufacturing. Many technologies are implemented as a source of cost cutting.

Supply Chain Software 254

Supply Chain Software Manufacturing Procurement Supply Chain Planning Software Inventory Reduction 254

Logistics Viewpoints

MAY 25, 2021

Including CO2 emissions as a key criterion for carrier selection and using logistics technology to reduce or eliminate empty miles are the biggest opportunities to make an immediate difference. This can be done through street turn matching, which reduces empty miles that generate significant carbon emissions. In the U.S.,

Supply Chain Planning Software 331

Supply Chain Planning Software Sustainability Supply Chain Software Inventory Reduction 331

Logistics Viewpoints

NOVEMBER 30, 2023

This article is from Patrick Byers, DevOps Engineer at Lucas Systems, and looks at fortifying warehouse and distribution centers against cybersecurity attacks. The warehousing and distribution industry is highly reliant on technology for its operations. Why are warehouses and DCs so vulnerable to cyberattacks?

Warehousing 254

Warehousing Distribution Cost Reduction Strategies Vendor Strategies 254

Logistics Viewpoints

NOVEMBER 20, 2024

For senior leaders, understanding and integrating the three pillars of sustainability—environmental, social, and economic—into supply chain strategies is essential. Transportation, warehousing, and manufacturing collectively contribute significantly to carbon emissions, making these areas critical for meaningful change.

Waste Reduction 220

Waste Reduction Sustainability Supply Chain Design Software Resource Reduction 220

Supply Chain Shaman

DECEMBER 27, 2022

In a recent research project, we found that 2/3 of companies had a digital supply chain transformation strategy; however, those that were evolving their strategy performed better during the early months of the pandemic than those that were “clear” on the project plan for a digital transformation. I know, a head-scratcher.

Supply Chain Software 398

Supply Chain Software Supply Chain Planning Software Supply Chain Design Software Inventory Reduction 398

ToolsGroup

JUNE 2, 2023

Suddenly, managing inventory is the name of the game for companies trying to manage working capital and maximize profit while keeping customers happy. And that’s where real-time perpetual inventory signals come in. Plus, accurate inventory information is the key to optimal decision-making.

Real-time Visibility 294

Real-time Visibility Manufacturing Procurement Optimal Sourcing Inventory Reduction 294

Supply Chain Shaman

APRIL 15, 2020

The healthcare value chain was slow to respond—the majority of Personal Protective Equipment (PPE) was in Chinese warehouses. While a reboot of a computer rstarts the machine to eliminate the in-memory processing, a reformat erases everything on the computer and starts again. China was the source of over 90% of PPE.) Bottom line?

Supply Chain Planning Software 430

Supply Chain Planning Software Supply Chain Design Software Modeling Supply and Demand 430

Logistics Viewpoints

APRIL 25, 2024

Managing yard and warehouse operations has long been one of the thornier aspects of transportation logistics. Yards are a choke point between transportation and warehousing — and wherever you have choke points, you have a higher risk of inefficiencies that drive up labor costs, detention fees and delivery commitments.

Expense Reduction 242

Expense Reduction Cost Reduction Strategies Supply Chain Design Software Inventory Reduction 242

Logistics Viewpoints

FEBRUARY 2, 2022

Inflation’s effects on inventory management policies are likely far from top of the mind of Logistics Viewpoints readers in today’s challenging times. However, today’s elevated rate of inflation warrants a closer look at optimal inventory policies. Inventory Costs and Risks. Then there are the financial costs.

Inventory Management Software 274

Inventory Management Software Inventory Management Inventory Reduction Inventory 274

Logistics Viewpoints

NOVEMBER 16, 2023

This article is from Descartes Systems Group and looks at how companies can reduce lead times with real-time data. Additionally, a longer lead time reduce a company’s agility, or resilience, to adapt to demand fluctuations, or other disruptions that may occur. How can you better manage lead time? To read the full article, click HERE.

Real-time Visibility 253

Real-time Visibility Material Savings Inventory Reduction Vendor Strategies 253

Logistics Viewpoints

MAY 11, 2023

The concept of digital twins has emerged as a powerful foundational tool to drive improvements in warehouse productivity and efficiency. In the warehouse context, a digital twin can be created to represent the physical layout, inventory, equipment, and workflows of a warehouse. Physical change (i.e.,

Modeling 250

Modeling Analytics Software Supply Chain Design Software Optimization Software 250

Logistics Viewpoints

MAY 10, 2021

Following their fourth quarter results, top executives talked about their supply chain and omnichannel strategy at a high level. This new infrastructure will allow the retailer to expand ecommerce assortment while reducing both shipping time and cost. Walmart is also investing pickup and delivery capacity. Walmart knows this.

Supply Chain Planning Software 241

Supply Chain Planning Software Supply Chain Software Supply Chain Transformation Inventory Reduction 241

SCMDOJO

NOVEMBER 20, 2024

Excessive and obsolete inventory can cause a business to fail. One needs to mitigate these challenges and learn how to optimize inventory. Healthy inventory optimization management can help a company flourish like a wealthy field. That is why optimizing inventory and reducing obsolescence is a necessity.

Inventory Reduction 96

Inventory Reduction Vendor Strategies Cost Reduction Strategies Resource Reduction 96

ToolsGroup

JANUARY 6, 2022

Pre pandemic we were importing the majority of our inventory from East Asia, in particular China and Japan. These businesses often collect tires of high quality as spare inventory and do not have the infrastructure in place to sell them. Lesson #2: Finding solutions in warehouses and distribution centers. “We

Supply Chain Planning Software 290

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Supply Chain Strategy 290

RFgen

DECEMBER 26, 2024

Introduction Inventory management is the backbone of a successful supply chain operation, but it’s often a source of persistent frustration. Mobile inventory management offers a transformative solution, providing the real-time data and streamlined workflows needed to optimize operations and gain a competitive edge.

Inventory Reduction 83

Inventory Reduction Optimal Sourcing Inventory Management Software Waste Reduction 83

Logistics Viewpoints

DECEMBER 2, 2021

import volumes still climbing (see Figure 1), limited processing capacity at key West Coast ports and the International Longshore and Warehouse Union (ILWU) contract expiring next summer, importers will be scrambling to maintain the inventory they need to support the demand increase.

Predictive Analytics Software 319

Predictive Analytics Software Predictive Analytics Waste Reduction Cost Reduction Strategies 319

Supply Chain Shaman

NOVEMBER 21, 2023

As a result, my client became a pawn to eliminate as he drove to his goal of supply chain improvement. I was promoted to run the warehouse, and at the time, I had no experience in distribution, but was asked to run the largest distribution center in the system. A warehouse is the tip of the spear for dysfunction.

Supply Chain Planning Software 328

Supply Chain Planning Software Inventory Reduction Supply Chain Design Software Cost Reduction Strategies 328

Logistics Viewpoints

OCTOBER 30, 2023

The project was focused on combining the spare parts warehouses from two of the brands owned by the automaker. For this project, Solvoyo consultants built a network design model and ran more than 120 scenarios to refine the customer service and inventory mix strategy. This supply chain spanned across 24 nations.

Vendor Strategies 244

Vendor Strategies Cost Reduction Strategies Modeling Inventory Reduction 244

The Logistics & Supply Chain Management Society

FEBRUARY 15, 2021

Centralized information eliminates data silos and strengthens information sharing through real-time communication (instead of point-to-point data transmission). IoT supports operational efficiencies in areas such as asset tracking, inventory management and forecasting, improving productivity and aiding decision-making across the supply chain.

Supply Chain Planning Software 298

Supply Chain Planning Software Supply Chain Software Prescriptive Analytics Software Predictive Analytics Software 298

Supply Chain Shaman

APRIL 30, 2020

The companies are just not good at managing inventories and orchestrating distribution strategies. Reduce Complexity. Move slow-moving specialty items to e-commerce and reduce the complexity of the in-store shelf. Localize supply—design inventory strategies to include buffer strategies. Promotions.

Supply Chain Design Software 353

Supply Chain Design Software Supply Chain Planning Software Supply and Demand Supply Chain Software 353

Logistics Viewpoints

JANUARY 18, 2023

Chad and I discussed the widespread labor constraints impacting warehouse operations across North America and Europe. I told Chad that I believe warehouse labor constraints will continue for extended time, and that warehouses must actively manage with this in mind. Warehouse Labor Shortages.

Warehousing 233

Warehousing Chad Supply Chain Design Software Modeling Software 233

Logistics Viewpoints

AUGUST 9, 2022

While consumers may see some short-term benefit in the form of discounted goods, many retailers have had to reset investor expectations , reflecting the expected hit on margins from carrying so much inventory. Inventory management is challenging enough in normal times. So, what is it going to take to enable better inventory management?

Inventory Management Software 229

Inventory Management Software Inventory Management Inventory Reduction Supply Chain Planning Software 229

Logistics Viewpoints

DECEMBER 14, 2022

This article is from Zheyuan Du at Kinaxis and discusses unconventional solutions to excess inventory challenges. As a result, inventory managers have to explore new ways to cope with full warehouses. The COVID-19 pandemic is undoubtedly to blame for the warehouse shortage.

Inventory Management Software 202

Inventory Management Software Inventory Management Inventory Reduction Inventory 202

Logistics Viewpoints

DECEMBER 18, 2024

The transition to renewable energy and the adoption of sustainable practices are now essential for reducing environmental impact, ensuring regulatory compliance, and maintaining competitiveness. Reducing dependency on fossil fuels can mitigate these risks and improve operational predictability.

Optimal Sourcing 187

Optimal Sourcing Material Savings Supply Chain Design Software Supply Chain Planning Software 187

Logistics Viewpoints

SEPTEMBER 11, 2024

This allows vehicles to interact with each other, warehouse systems, and control centers with minimal delay. The ability to quickly and accurately transfer information reduces downtime, improves delivery accuracy, and enhances route planning. This connectivity helps optimize routes, reduce delays, and enhance delivery accuracy.

Logistics Network Optimization Software 247

Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Design Software Supply Chain Network Software 247