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’s fiscal 2021 ended on January 31 st. Walmart knows this.

Supply Chain Planning Software 232

Supply Chain Planning Software Supply Chain Software Supply Chain Transformation Inventory Reduction 232

Veridian Solutions

JUNE 17, 2019

Many retailers have implemented buy online, pick up in store (BOPIS) strategies without realizing it. In addition, it solves critical challenges in last-mile strategies, reduces costs associated with inventory management , and more. Challenges of Today’s Last-Mile Strategies.

Cost Reduction Strategies 60

Cost Reduction Strategies Price Reduction Vendor Strategies Expense Reduction 60

GlobalTranz

SEPTEMBER 1, 2017

Controlling inventory flow is a top priority among warehouse managers, and gaining control over inventory drives warehouse efficiency. Controlling Inventory Flow Begins With Liquidate Nonessential Products. This will help to prevent the reordering of slow-moving products and ensure optimum inventory levels.

Inventory Reduction 224

Inventory Reduction Warehousing Inventory Vendor Strategies 224

GlobalTranz

NOVEMBER 3, 2015

We first did an overview of the 10 areas of strategy a shipper must know in order to stay competitive. Today we will talk about the flow of strategy as pertains to inventory flow and driving warehouse efficiency. The essence of strategy is choosing what not to do. ” ― Michael E. Automated Data Collection.

Inventory Reduction 120

Inventory Reduction Vendor Strategies Cost Reduction Strategies Waste Reduction 120

Logistics Viewpoints

JUNE 1, 2023

That’s why staying on top of the latest supply chain planning trends is so important – they can make all the difference when it comes to staying competitive, reducing costs, and meeting your customers’ needs. One day, a product is flying off the shelves, and the next, it’s gathering dust.

Supply Chain Planning Software 192

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Software 192

Unleashed

APRIL 29, 2024

Work in process (WIP) inventory is typically found in manufacturing environments where goods undergo various stages of processing before being sold or used. Tracking WIP inventory is important for monitoring production efficiency, identifying bottlenecks, and managing costs within the manufacturing process.

Inventory Reduction 52

Inventory Reduction Cost Reduction Strategies Inventory Expense Reduction 52

GlobalTranz

APRIL 10, 2017

Shippers often forget about the possible savings through an effective inbound logistics strategy. In addition, managing vendors and inbound logistics can feel like a lot of work for little gain, yet the possible savings by implementing an inbound logistics program can add up through these key ways. Think about it.

Cost Reduction Strategies 179

Cost Reduction Strategies Vendor Strategies Inventory Reduction Negotiating Skills 179

QAD

JANUARY 19, 2023

Supply chain management (SCM) is essential to any business strategy. Facets of this broad field include demand planning, inventory management, logistics, acquisitions and partner management. Used to cut costs and maximize efficiency, supply chain trends cater to every business. Let’s dive in.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 98

Stord

MAY 15, 2024

For those unfamiliar, dwell time refers to the gap between a 3PL or fulfillment provider’s marking an order as “shipped, ” and the moment a shipping carrier actually scans the package into its system and truly begins to move the package. The Dwell Time Dilemma “If you’re not measuring it, you’re not managing it.”

Logistics Network Optimization Software 78

Logistics Network Optimization Software Sourcing Strategies Logistics Supply Chain Design Software 78

Clear Spider

APRIL 18, 2023

By switching to greener operations, companies can turn these inefficiencies into opportunities to reduce waste and increase profits. Green Purchasing Uses local suppliers with green initiatives to reduce shipping distance, and reduce fuel consumption and emissions. Inventory is a huge part of your operations.

Supply Chain Design Software 96

Supply Chain Design Software Agile and Lean Supply Chain Material Savings Sustainability 96

Unleashed

AUGUST 29, 2023

Inventory management software helps businesses keep track of stock and be more efficient in their daily operations. It automates tedious manual tasks that can be prone to human error, improving the accuracy of a company’s recorded inventory levels and reducing inventory carrying costs.

Inventory Management Software 52

Inventory Management Software Supply Chain Planning Software Forecasting Software Supply Chain Design Software 52

Unleashed

JANUARY 3, 2023

But when your cash is locked wages, managing inventory , lines of credit, and other costs, it can slow down productivity – even bring it to a standstill. You’re holding too much inventory Too much stock on hand at a given moment turns cash into slow-moving stock. In other words, it leaves you with no cash to spend until they pay.

Manufacturing Procurement 96

Manufacturing Procurement Material Savings Expense Reduction Inventory Reduction 96

BlueYonder

JULY 17, 2023

The June Strategy Insights Report is your guide to the latest fulfillment trends. They are looking at sustainable packaging and fulfillment. In response, retailers are utilizing search, social media, online marketplaces, and partnerships with drop-shipped vendors. They want orders to arrive fast and on time, and in-full.

Trends 70

Trends Report Retail Vendor Strategies 70

GlobalTranz

JULY 1, 2021

Companies that track this data can then implement and create new supply chain strategies that align with their overall business goals and customer expectations. It’s a calculation of the total costs for shipping, including compliance costs, divided by the total number of pounds and again divided by miles driven.

Metrics 315

Metrics Transportation Vendor Strategies Logistics Network Optimization Software 315

ShipBob

APRIL 22, 2020

When it comes to understanding how customers interact with ecommerce brands, packaging is by far one of the most ubiquitous elements. This is great for business, but with all of this spending online comes another cost: more packaging waste, and therefore a growing environmental impact. What is eco-friendly packaging?

Packaging 92

Packaging Purchasing Skills Waste Reduction Material Savings 92

Logistics Bureau

APRIL 3, 2023

If you’re a decision-maker with accountability for your organisation’s entire supply chain, and you’re just starting to think about outsourcing, perhaps to reduce costs or improve service, this post should prove well worth the few minutes it will take you to read it. What Can You Outsource, and What Should You Outsource?

Optimal Sourcing 74

Optimal Sourcing Cost Reduction Strategies Material Savings Inventory Reduction 74

Logility

JUNE 30, 2022

Organizations must use every means at their disposal to keep goods moving while at the same time preventing their most important resource – their talent – from jumping ship at an alarming pace. Competitive wages and attractive benefit packages go far, but take time to examine why workers are leaving your organization and implement fixes.

Supply Chain Planning Software 173

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Planning 173

Unleashed

SEPTEMBER 16, 2019

Purchase orders are the documents sent from the buyer to the supplier requesting goods or services that when accepted by the vendor forms a legal contract between the two parties. Vendor qualification and selection. Once a vendor is chosen, the next step is to negotiate the terms, price, and quality of goods with the supplier.

Procurement Solutions 45

Procurement Solutions Purchasing Skills Vendor Strategies Expense Reduction 45

Talking Logistics

AUGUST 13, 2018

The second question we get is what strategies can we implement to lower our transportation costs. One area that can quickly yield benefits is in parcel shipping. I asked Michael about the impact omnichannel fulfillment is having on transportation strategies. “A So, what can you do outside that cycle?”. “Big

Negotiating Skills 104

Negotiating Skills Optimal Sourcing Optimization Software Price Mitigation Strategies 104

GlobalTranz

OCTOBER 2, 2018

According to Roberto Michel of Logistics Management , the biggest challenge in e-commerce logistics revolves around the demand for additional last-mile delivery options and next-day shipping, if not same-day shipping. Going back to reverse logistics, consumers expect a hassle-free, cost-free returns process.

Logistics Network Optimization Software 198

Logistics Network Optimization Software Material Savings Vendor Strategies Cost Reduction Strategies 198

Cathy Roberson

AUGUST 30, 2021

The COVID-19 pandemic accelerated many retailers’ e-commerce strategies as stores battled temporary closures and consumers who were hesitant to shop in person once stores reopened. As more consumers return to stores, retailers are remodeling stores to fit their new multichannel strategy.

Inventory Reduction 109

Inventory Reduction Vendor Strategies Supply Chain Planning Software Modeling Software 109

Arkieva

JANUARY 6, 2017

Over the past year, the Arkieva Supply Chain Link Blog provided thought leadership and informative posts on supply chain strategy tips, trends, and news. Just in case you missed some of our supply chain strategy posts , we’ve compiled a list of our popular supply chain posts from 2016 below (ranked based on shares and views).

Inventory Reduction 84

Inventory Reduction Cost Reduction Strategies Material Savings Vendor Strategies 84

Logistics Viewpoints

JUNE 20, 2022

To accomplish this, 10,000 supply chain associates worked with 450 global vendors who operate over 600 factories. Achieving agility with a strategy to sell goods in the same region they are produced in, “has never been more important,” Mr. Bailey exclaimed. There will be one view of inventory across the entire distributed network.”.

Agile and Lean Supply Chain 210

Agile and Lean Supply Chain Supply Chain Planning Software Manufacturing Procurement Supply Chain Software 210

Logistics Viewpoints

OCTOBER 7, 2022

For those unaware of the term, shrink is an accounting term used to describe when a store has fewer items in stock than in its recorded book inventory. Factors contributing to shrinkage include employee theft, shoplifting, administrative errors, vendor fraud, product damage, and more.

Logistics Network Optimization Software 183

Logistics Network Optimization Software Real Estate New York Logistics 183

RFgen

MARCH 22, 2023

In this article, we will explore the top 10 supply chain management challenges for 2023 and beyond, providing insights and strategies for overcoming these obstacles. Monitor economic trends and develop strategies to mitigate the potential negative effects on your operations. 3PL specialized in storing and shipping products.

Waste Reduction 52

Waste Reduction Material Savings Inventory Reduction Supply Chain Planning Software 52

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. It encompasses several processes such as tracking stock levels, planning production schedules, and liaising with vendors. Subscribe Here! Email Address.

Inventory Management Software 92

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

Supply Chain Shaman

APRIL 27, 2014

I was involved in early Vendor Managed Inventory (VMI) pilots. In my work at Clorox we were starting to ship to Walmart using Retail Link. The words collaboration, Efficient Consumer Response (ECR), Vendor Managed Inventory (VMI), and Collaborative Planning, Forecasting and Replenishment (CPFR) filled the air.

Supply and Demand 286

Supply and Demand Vendor Strategies Supply Chain Design Software Supply Chain Planning Software 286

GlobalTranz

SEPTEMBER 24, 2018

According to Michael Khalil of Inbound Logistics, primary transportation management challenges in e-commerce include: Increased complexity of shipping strategy. Increased complexity may be the result of additional shipping volume and the use of the freight consolidation and the consolidation program. Faster shipping.

Transportation Management 210

Transportation Management 3PL Logistics Network Optimization Software Supply Chain Network Software 210

Precoro

MAY 19, 2023

In this article, we are covering key metrics, divided into the following categories based on the supply chain step they refer to: Inventory Logistics Customer order fulfillment Quality Inventory Metrics A company’s inventory encompasses raw materials used for production, as well as the produced goods available for sale.

Procurement Analytics 84

Procurement Analytics Metrics Supply Chain Planning Software Supply Chain Software 84

Ware2Go

NOVEMBER 6, 2021

Offering international shipping in your ecommerce shop can open your business up to a world of opportunity. This straightforward guide defines some commonly used terms and outlines your options to ship cross-border and expand your customer base. For DDP shipments, the seller pays the duties upfront before shipping the item.

Shipping 52

Shipping Procurement Analytics Purchasing Skills Supply Chain Planning Software 52

Locus

JUNE 20, 2024

Take Amazon for example: it ships a mind-boggling 1.6 million packages every day. Amazon plays it like a pro, using the latest in big data analytics to predict what will be bought and where, cutting down on any logistics lag to a high degree of accuracy. Eliminating returns completely is a pipe dream.

Analytics Software 52

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

Unleashed

FEBRUARY 29, 2024

Some common examples of retail software include: Point of sale (POS) software Retail inventory management software Cloud-based accounting applications Customer relationship management (CRM) software Companies employ retail management software to manage different aspects of their retail supply chain.

Prescriptive Analytics Software 52

Prescriptive Analytics Software Inventory Management Software Analytics Software Supply Chain Planning Software 52

Logistics Bureau

APRIL 8, 2016

The Key Supply Chain Challenge of Cost Reduction. If net profit on sales is 5%, for example, a reduction in supply chain costs from 9% to 4% (or from 12% to 7%) will double net profits. This is the big attraction and importance of cost reduction in a supply chain: profits can be increased without having to increase sales.

Cost Reduction Strategies 40

Cost Reduction Strategies Material Savings Inventory Reduction Expense Reduction 40

Supply Chain Shaman

OCTOBER 8, 2019

I find senior executives love to throw around superlatives like customer-centric, agile, efficient and responsive but lack the understanding of how the words translate to supply chain strategy in the real world. Managing a supply chain requires big feet—grounding in real-world experience—coupled with big wings—conceptualization of strategy.

Supply Chain Design Software 189

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software Forecasting 189

Logistics Bureau

JANUARY 7, 2020

Supply chain strategy is critical to business success, but companies often underestimate its importance and hence pay it less leadership attention than other areas of operation. Supply Chain Strategy. In other words, the majority did not recognise the need for close alignment between supply chain and general business strategies.

Inventory Reduction 102

Inventory Reduction Cost Reduction Strategies Supply Chain Design Software Vendor Strategies 102

Unleashed

JANUARY 20, 2019

A new year hints at a fresh start and it is the perfect time for businesses to improve their inventory control in preparation for the business year ahead. Effective inventory control can mean the difference between a profit or a loss. Online inventory management. Automatic reorder points. Barcode scanners. Order fulfilment.

Inventory Management Software 61

Inventory Management Software Inventory Management Inventory Reduction Demand Planning Software 61

Logility

AUGUST 24, 2023

Your Comprehensive Guide to Production Planning Software The benefits of production planning software vs scheduling are about the granularity of the plan: capacity plans (or master production schedules) are not granular and factor in less granular things, like high level capacity, forecasts, inventory, and transfer times.

Supply Chain Planning Software 146

Supply Chain Planning Software Supply Chain Design Software Demand Planning Software Forecasting Software 146