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Five Advanced Technologies That Are Revolutionizing Logistics

Logistics Viewpoints

Already upended for two years by the COVID-19 pandemic, the worldwide logistics industry is facing new challenges. If there’s a bright spot anywhere it’s the fact that, as logistics challenges have grown, so has the availability of advanced technologies to manage these challenges.

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Your supply chain is costing you money – Reason #9: Relentless pursuit of one metric at the expense of other metrics.

Kinaxis

Reason #6 Not effectively managing inventory. Reason #9 Relentless pursuit of one supply chain metric at the expense of other metrics. Yet, these are similar instructions as what is passed down to the supply chain from executives focused on a specific supply chain metric. There can be multiple reasons.

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Transportation Metrics That Matter Most to Track and Improve Performance

GlobalTranz

Creating a data-driven supply chain tracking important transportation metrics helps shippers respond and adapt as quickly as possible to known and unknown events. Why Monitor Transportation Metrics. Transportation metrics provide visibility that helps drive operative and competitive advantages.

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The Secret to Rapid Digitisation: A Dual Platform Strategy

The Logistics & Supply Chain Management Society

With a network technology layer in place, the key idea is that you begin moving business functions onto the network over time in a systematic way that matches your priorities—while retaining the best of your legacy systems. This unlocks enormous value as you eliminate time lags, lower costs, and slash inventory buffers across the network.

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Cultivate a Stickier Customer Base Using WMS Add-On Technology

Logistics Viewpoints

How 3PLs Can Gain Visibility and a Competitive Advantage Offering Automated Billing and a Self-Service Interactive Customer Portal It’s hard to imagine a third-party logistics (3PL) business today operating without some form of a warehouse management system ( WMS ) connecting the digital dots. But can technology do more?

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Beware the Swinging Pendulum on Supply Chain Inventory Practices

Logistics Viewpoints

Supply shortages resulting in empty shelves or parking lots of WIP inventory represent a spectre causing supply chain leaders to reconsider supply chain inventory practices. Opinion of just-in-time (JIT) as a practice has taken a battering and inventory is rising. Is supply chain inventory the problem?

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Why Is Promotion Planning Important In Inventory Management?

Logistics Viewpoints

Promotion Management is defined as optimizing the utilization of tools, strategies, and resources to promote a product that will generate additional demand. Why should we consider Promotion Planning in Inventory Management? Whether it be e-commerce, brick-and-mortar, or both, retail companies care about the inventory they keep.