The Logistics & Supply Chain Management Society

SEPTEMBER 14, 2021

The Group’s sustainability policy is based on three pillars: Acting for People, Acting for Planet and Acting for Responsible Trade. In maritime shipping, CEVA offers our customers alternative fuel options including biofuel, LNG and biomethane for reducing the greenhouse gas emissions connected to their ocean cargo shipment.

Supply Chain Planning Software 242

Supply Chain Planning Software Resource Reduction Global Supply Chain Software 242

GlobalTranz

MAY 24, 2016

Using less-than-truckload for medium-sized shipments is one of the great innovations in shipping. It produces results at a fraction of the cost of full truckload (FT) or small package shipping. Contract negotiation is becoming a major factor in shipping. Access to Intermodal Shipping Options. Contract Negotiation.

Purchasing Training 137

Purchasing Training Negotiating Skills Supply Chain Design Software Forecasting Software 137

SCMDOJO

JULY 1, 2024

Shipping and Delivery: Choose the most cost-effective and reliable shipping method. Order Management Best Practices for Manufacturing Automation: Automate repetitive tasks like order entry, inventory updates, and shipping label generation to reduce errors and improve efficiency.

Optimization Software 98

Optimization Software Inventory Management Software Supply Chain Software Analytics Software 98

Logistics Viewpoints

JULY 22, 2021

The process as is implemented in many companies focuses on balancing demand and supply based on preestablished rules and policies that serve as guardrails for the planning process. In general, S&OP consists of a New product review, Demand Review, Supply Review, Management Review and some level of reconciliation between these steps.

S&OP 268

S&OP Supply and Demand Optimal Sourcing Supply Chain Design Software 268

Supply Chain Insights

JUNE 1, 2017

When asked what stage in the end-to-end supply chain process maturity they were in, most people in the course said their companies were good at transactional efficiency, and were currently focused on data sharing, moving to policy development (see Figure 1). End-to-End Supply Chain Maturity Stages.

Supply Chain Strategy 161

Supply Chain Strategy Supply Chain Software Price Mitigation Strategies Supply Chain 161

The Logistics & Supply Chain Management Society

JANUARY 3, 2023

The tight capacity and shipping downtime can increase rates and severely disrupt freight flow for months. As it takes time for shipping to reset back to ordinary capacity levels and flows, this change impacts rates, and can also influence other supply chain decisions where transportation rates and on-time performance play a major role.

Predictive Analytics Software 130

Predictive Analytics Software Predictive Analytics Supply Chain Planning Software Prescriptive Analytics Software 130

Supply Chain Shaman

JANUARY 31, 2022

Traditional risk management policy assumes a contraction in growth: the conventional focus is the shutdown and reallocation of supply. Source E2open Shipping Index). As a result, focusing on cost and efficiency, and functional metrics throws the supply chain out of balance. The US GDP in 2021 grew at an unexpected rate of 5.7%

Procurement Analytics 221

Procurement Analytics Manufacturing Procurement Supply Chain Planning Software Sourcing Strategies 221

Supply Chain Shaman

FEBRUARY 7, 2022

Traditional risk management policy assumes a contraction in growth: the conventional focus is the shutdown and reallocation of supply. Source E2open Shipping Index). As a result, focusing on cost and efficiency, and functional metrics throws the supply chain out of balance. The US GDP in 2021 grew at an unexpected rate of 5.7%

Procurement Analytics 195

Procurement Analytics Manufacturing Procurement Sourcing Strategies Optimal Sourcing 195

Unleashed

FEBRUARY 21, 2024

It covers every aspect of dealing with customer returns, including policy management, reverse logistics, customer service, returned goods inventory management , and developing strategies to reduce return rates. A good returns policy is crucial for ensuring a smooth customer experience. Should a returns policy be tight or lenient?

Inventory Management Software 52

Inventory Management Software Inventory Reduction Cost Reduction Strategies Material Savings 52

SYSPRO Smarter ERP

NOVEMBER 3, 2021

can be measured to define this metric. Manufacturing Cycle Time : This metric is most accurately obtained using real-time monitoring with a Manufacturing Execution System (MES). They are used to measure how effectively the warehouse processes of receiving, replenishment, fulfilment and shipping perform. Outbound KPIs.

Manufacturing Procurement 105

Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain 105

Elementum

AUGUST 3, 2022

A plan and a set of metrics are developed to monitor and assess all activities. At this point, companies must find reliable suppliers and different methods for other functions, such as shipping, delivery and payment. Development After planning, the next step is the development of products or services.

Supply Chain Design Software 78

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

Locus

NOVEMBER 28, 2023

Incorrect Order Shipped: 41% of customers returned their order due to it being a wrong one. Shipping the wrong product can be fixed by optimizing the package sorting process. It is vital that shippers optimize the below metric to success in their overall growth. Better product handling should be done to reduce this issue.

Cost Reduction Strategies 52

Cost Reduction Strategies Inventory Reduction Price Mitigation Strategies Reverse Logistics 52

Alloy

AUGUST 20, 2019

But out of that weekly or daily data deluge, what are the crucial metrics? This metric is the best indicator of true demand because it measures when an end consumer actually buys a product, not just when a retailer places an orders, or sell-in. And how do they inform better strategy and execution moving forward?

Negotiating Skills 40

Negotiating Skills Negotiate Pricing Alloy Price Reduction 40

Logility

OCTOBER 7, 2021

Furthermore, life sciences products have high standards for production, storage, shipping and delivery. It also reduces carbon dioxide emissions by about 100,000 metric tons.”. But block chain assumes a degree of data disclosure that’s fundamentally at odds with the data management policies at many companies. Challenges.

Supply Chain Design Software 130

Supply Chain Design Software Optimal Sourcing Pharmaceutical Supply Chain Optimization 130

BlueYonder

JANUARY 18, 2024

For example, how long it takes to get an item back into stock after being returned is very rarely a considered metric for retailers. Inventory that can’t be sold is a cost, and the shipping and logistics operation that gets it back to DCs is another cost. It’s not just a pure numbers question either.

Logistics Network Optimization Software 59

Logistics Network Optimization Software How To Supply Chain Software Retail 59

GlobalTranz

JULY 19, 2016

It stands to reason that compliance requirements , such as the EDI 856 Advanced Shipping Notice, will continue to become more important. In other words, shippers need to be prepared to take on the costs of free return shipping, assistance when printing shipping labels and processing returns as they come in. Use Incentives.

Warehousing 120

Warehousing Procurement Analytics Cost Reduction Strategies Expense Reduction 120

Precoro

NOVEMBER 13, 2023

One of the ways that procurement teams improve this figure is by tracking and improving the purchase price variance (PPV) metric. In this article, we'll explain what PPV is, why it matters, and how tracking this metric can benefit your procurement processes.

Purchasing Skills 83

Purchasing Skills Procurement Analytics Negotiating Skills Negotiate Pricing 83

SCMDOJO

MARCH 19, 2024

Analyze performance metrics and implement improvements to enhance efficiency. To run the department, a supply chain manager needs certain supply chain metrics and KPIs to improve performance. Oversees the procurement process, ensuring efficient ordering, timely deliveries, and adherence to company policies.

Optimal Sourcing 98

Optimal Sourcing Supply Chain Planning Software Negotiating Skills Material Savings 98

Ware2Go

MARCH 30, 2022

It is the process of storing products in an ecommerce fulfillment center, picking and packing orders, and shipping orders to your end customer. In fact, a recent survey revealed that 69% of consumers are more likely to click on an ad that mentions fast, free shipping. Two of these contributing factors are related to fulfillment.

Price Reduction 98

Price Reduction Cost Reduction Strategies Purchasing Skills Inventory Reduction 98

Logistics Viewpoints

DECEMBER 1, 2022

The only bright note is that shipping costs will be a fraction of what they were over the last several years. 3) Immigration policy preventing potential workers from entering the country to fill open jobs like driving. Figure 1: U.S. Container Import Volume Year-over-Year Comparison. Source: Descartes Datamyne.

Predictive Analytics Software 227

Predictive Analytics Software Logistics Network Optimization Software Cost Reduction Strategies Resource Reduction 227

Arena Solutions

FEBRUARY 4, 2022

From the start, communicate your business goals, performance expectations, and company policies with your supply chain. Establish and analyze key performance metrics. components, subassemblies, sourcing, shipping, etc.). Here are five tips to help improve collaboration and build more resilience across your supply chain.

Supply Chain Design Software 98

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

Unleashed

DECEMBER 11, 2022

That’s why, with so many possible variables to track, it’s critical to know which metrics matter most. However, tracking 50 irrelevant warehouse metrics is far less valuable than tracking a few hyper-useful ones. A loading dock that is constantly occupied can create bottlenecks in your receiving and shipping processes.

Warehousing 98

Warehousing Inventory Reduction Cost Reduction Strategies Inventory Management Software 98

GlobalTranz

AUGUST 4, 2015

In order to optimize manufacturing operations, or really just about anything, you need to have at your fingertips the best and most accurate manufacturing metrics around. In today's post, we share 5 Golden Manufacturing Metrics that all manufacturing companies should understand to improve plant operations quality.

Manufacturing Procurement 120

Manufacturing Procurement Procurement Analytics Metrics Manufacturing 120

Supply Chain Shaman

OCTOBER 2, 2020

The organization is not clear on accepting special requests and expedited shipping policies, often resulting in a lower margin. Many of my clients talk about a customer-centric supply chain but rely on useless metrics from an annual survey or a net promoter score. The response is a long sigh. Six Weeks Without a Washer.

Customer Service 298

Customer Service Supply Chain Design Software Supply Chain Planning Software Supply Chain Design 298

ShipBob

JANUARY 23, 2023

Today’s customer expectations demand fast and accurate shipping, no matter where they shop online. A ProShip study found that 97% of customers expect the ability to monitor their orders throughout every step of the shipping process. That’s not to say that offering a great shipping policy (free, fast, or both!)

3PL 98

3PL Cost Reduction Strategies Inventory Reduction Expense Reduction 98

Unleashed

AUGUST 16, 2023

A backorder is a customer order that could not be fulfilled immediately but will be shipped out once the ordered items become available. How long a backorder takes to be fulfilled can be influenced by factors such as your supply chain, manufacturing process , shipping times, and the popularity of the product. What does backorder mean?

Procurement Solutions 52

Procurement Solutions Sourcing Strategies Manufacturing Procurement Inventory Reduction 52

The Network Effect

OCTOBER 3, 2014

Establishment of replenishment processes, procedures, and policies to assure on-time delivery at the highest level of quality and lowest possible cost throughout the extended supply chain. Ship according to a latest set of transportation routing instructions. Real time response to alerts, issues, and exceptions.

Supply Chain Network Software 196

Supply Chain Network Software Automotive Modeling Software Supply and Demand 196

Supply Chain Shaman

SEPTEMBER 20, 2015

How will the policy be executed? Today, there is not a well-defined template on how to build and operate a supply chain defined by customer policy and segmentation strategy. The supply chain is vertically integrated and global shipping almost 2 million units daily. How do they buy from you? Why does it matter to you?

Inventory Reduction 150

Inventory Reduction Cost Reduction Strategies Sourcing Strategies Supply Chain Strategy 150

Zipline Logistics

MARCH 18, 2020

It currently just uses on-time metrics to grade suppliers and the store’s retail buyers can base purchasing decisions on a brand’s delivery performance. Typically, they evaluate standard metrics like on-time delivery, inventory management, missed shipments, lead time, and costs. Have set ship dates and less variance in transportation.

Vendor Strategies 52

Vendor Strategies Procurement Analytics Buyer Training Supply Chain Planning Software 52

SupplyPike

APRIL 10, 2020

Suppliers are also seeing issues with shipping companies being overwhelmed. Make sure you communicate with your carriers and be sure they can ship your orders out by the time your buyer needs them. To stay compliant with your buyer’s OTIF or ORAD policies, you will need to make sure you cite the right reasons for PO cancellations.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Supply and Demand 98

Supply Chain View from the Field

OCTOBER 24, 2014

Such brands may ship small runs of five bags, gowns, or shoes that cost thousands of dollars, whereas typical apparel products are produced in volumes of hundreds of thousands going to low cost retailers. The supply chain design is very much focused on contract manufacturing to a network of factories.

Supply Chain Design Software 111

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Supply Chain Planning 111

ShipBob

MARCH 9, 2022

Order cycle time refers to the average time taken to ship out an order from the time it was placed, excluding the actual shipping time. Order cycle time is a useful metric for measuring the efficiency of your fulfillment process as it also affects other KPIs like on-time shipping rate and order lead time.

Optimal Sourcing 52

Optimal Sourcing Optimization Software Supply Chain Software How To 52

Supply Chain Shaman

JUNE 6, 2013

Closing the gaps happens when there are aligned metrics, clarity of vision and aligned planning processes. More advanced supply chain leaders model the role of complexity (product and customer), the impact of risk, and opportunity of innovation as well as product shipping and manufacturing locations, and inventory policies.

Supply Chain Planning Software 280

Supply Chain Planning Software Supply Chain Planning Optimal Sourcing Scenario Planning 280

American Global Logistics

DECEMBER 7, 2022

Likewise, ships could not sail into or out of Russia and Ukraine. Now that’s changed to help alleviate disruptions caused by China’s policy of zero-tolerance for Covid. #2 This metric, referred to as a “Frankenstat” due to its grand scope, has many critics. That’s a significant change from a predominantly “hands-off” policy.

Russia 52

Russia Inventory Reduction Price Reduction Modeling 52

Unleashed

JUNE 7, 2023

Inventory management policies and processes are assessed and then optimised to increase efficiency. Efficiency-boosting inventory optimisation tools Ensure your inventory policies produce the greatest results, in the shortest time, by investing in efficiency-boosting inventory optimisation tools and equipment.

Inventory Management Software 52

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

ShipBob

NOVEMBER 15, 2021

But to achieve those goals and generate a profit, you’ll next have to figure out how you’ll continue to meet customer demand while minimizing cost — which is impossible without thoroughly strategizing logistics processes like storage, shipping, and fulfillment. Meet customer demand quicker. Increase revenue.

Supply Chain Planning Software 98

Supply Chain Planning Software Logistics Network Optimization Software Material Savings Supply Chain Design Software 98

Unleashed

JANUARY 31, 2023

Once the principles above have been achieved, your business must continue to improve the fulfilment process – whether that be through regular audits, machinery upgrades, improved policies, or something else. And orders can be picked, packed, and shipped in the shortest possible time. Negotiate better terms with your shipping company.

Agile and Lean Supply Chain 98

Agile and Lean Supply Chain Waste Reduction Inventory Reduction Cost Reduction Strategies 98