Logistics Bureau

DECEMBER 14, 2020

In this article, which is based on a YouTube video on the subject, I will explain why this is so by addressing the following three questions: What is benchmarking, why do it, and how to do it? You might be looking after the complete supply chain, you might be looking after transportation , or you might be looking after warehousing.

Benchmarking 97

Benchmarking Supply Chain Software Supply Chain Warehousing 97

RFgen

JUNE 11, 2017

Consumers now have a variety of outlets through which they can purchase products – be it in store, online or directly from the warehouse – and data collection provides details on the very latest buying habits and customs retailers can draw upon to increase sales. Shoppers Spend More When Product Videos Are Used.

Video 52

Video Retail Miami Inventory Management Software 52

RFgen

JUNE 11, 2017

Consumers now have a variety of outlets through which they can purchase products – be it in store, online or directly from the warehouse – and data collection provides details on the very latest buying habits and customs retailers can draw upon to increase sales. Shoppers Spend More When Product Videos Are Used.

Video 52

Video Retail Miami Inventory Management Software 52

SCMDOJO

MAY 30, 2024

From the warehouse manager to the transportation coordinator, each role in the logistics department contributes to the smooth flow of deliveries. Warehousing and Storage: The logistics department oversees the management of warehouses and storage facilities.

Optimal Sourcing 52

Optimal Sourcing Logistics Network Optimization Software Pricing Training Inventory Reduction 52

SCMDOJO

NOVEMBER 9, 2023

Warehousing expenses are often variable and depend on the amount of inventory stored. Consequently, it is imperative to maintain a well-organized warehouse that either introduces new items at the back or strategically positions older items at the forefront. These are shown in our inventory control template excel later in the blog.

Inventory Reduction 105

Inventory Reduction Expense Reduction Cost Reduction Strategies Optimal Sourcing 105

Logistics Bureau

NOVEMBER 14, 2023

How to Select the Right KPIs for Supply Chain Benchmarking The What, Why, How of Supply Chain Benchmarking Common Sense Warehouse Performance Metrics for Supply Chain Benchmarking 8 Uses for Supply Chain Benchmarking and Their Most Valuable Benefits

Benchmarking 89

Benchmarking Supply Chain Supply and Demand Metrics 89

The Logistics & Supply Chain Management Society

AUGUST 14, 2023

Generative AI can use models with billions or even trillions of parameters trained on massive datasets (think the size of the internet), enabling it to produce increasingly complex outputs such as speech, text, and videos. It can then generate new content using prompts that resemble the original training data.

Optimal Sourcing 244

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Modeling 244

Logistics Bureau

AUGUST 23, 2022

Related articles on this topic have appeared throughout our website, check them out: 3 Practical Metrics for Supplier Performance Evaluation. KPIs for Your Warehouse: How to Choose and Use Them. How many Supply Chain KPIs? Here are 5 key tips for your KPIs. KPI Key Performance Indicators in Supply Chain & Logistics.

KPI 82

KPI Metrics Supply Chain Warehousing 82

SCMDOJO

APRIL 11, 2023

We also offer other additional courses taught by qualified experts that focus on trending and current topics such as how to handle a business case and modern warehousing. The course consists of discussions, videos, quizzes, and questions for consideration, and provides awareness of career path opportunities. out of 5.

Supply Chain Design Software 116

Supply Chain Design Software Course Supply Chain Planning Software Supply Chain Software 116

Logistics Bureau

SEPTEMBER 28, 2020

By contrast, the third-party logistics model is where a manufacturer retains oversight of its supply chain but outsources such processes as warehousing, shipping, packing, and distribution to a 3PL provider. It has a video which walks vendors step-by-step through the fulfilment process. What is 3PL? Amazon: A Hard 4PL Act to Follow.

Logistics Network Optimization Software 97

Logistics Network Optimization Software Supply Chain Design Software Supply Chain Planning Software Company 97

Unleashed

JUNE 23, 2021

Multi-warehousing efficiencies. Warehouse automation. And in terms of inventory management the cloud is key to: Tracking inventory location and levels in real time, even for remote warehouses. Warehouse and logistics staff can use portable technology to improve efficiency at work, such as scanning and picking.

Inventory Management Software 80

Inventory Management Software Inventory Reduction Inventory Management Supply Chain Planning Software 80

Logistics Bureau

APRIL 19, 2021

What would be the key number, or metric that you would need to know? If, for example, you are concerned about the pick rates in your warehouse, or your transport costs, or your inventory accuracy, benchmarking can help you because it can show you exactly where your performance is compared to others in your industry.

Benchmarking 98

Benchmarking Supply Chain Performance Supply Chain Exercises 98

RFgen

NOVEMBER 13, 2024

Picture this: You’re a warehouse manager, and with a few taps on your smartphone, you instantly know the exact location and quantity of every item in your inventory. Collaboration: Facilitates real-time data sharing among warehouse personnel, field technicians, managers, and office employees.

Inventory Management Software 66

Inventory Management Software Real-time Visibility Inventory Reduction Inventory Management 66

QAD

JANUARY 6, 2022

In its 2021 survey, Deloitte once again affirmed the fact that more digitally mature businesses outperform industry averages on a variety of financial metrics. Watch Bickford’s customer success video to learn more. The authors refer to the bounty of benefits that accrue from digital maturity. And we couldn’t agree more.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Software Optimization Software Tools 98

Stord

MAY 29, 2024

In the above video, I share some of the myriad reasons to visit a Stord fulfillment center. But regardless of if you are a Stord customer or not, taking the time to step onto your current/prospective warehouse floor can provide invaluable insights and build stronger partnerships that drive real growth and efficiency for your business.

Las Vegas 78

Las Vegas Supply and Demand Nashville Just-in-Time 78

Logistics Viewpoints

NOVEMBER 30, 2020

Finally, inventory accuracy can never be as high in a store as in a warehouse. ” That is why warehouse automation has been a critical part of the retailer’s transformation. Now, warehouse automation is allowing stores to order less than case level. In a warehouse, inventory accuracy can be 99.9 percent and above.

Procurement Analytics 130

Procurement Analytics Forecasting Inventory Reduction Eliminating Excel in Purchasing 130

Accelogix

AUGUST 12, 2020

He explains his personal journey from supply chain AI/ML skeptic to optimistic believer and how these technologies will radically transform supply chain planning and warehouse automation in the future. I got my start in consulting for enterprise warehouse systems right out of college. I confess that I was once an AI and ML skeptic.

Supply Chain Software 124

Supply Chain Software Supply Chain Planning Software Supply Chain Design Software Optimization Software 124

Supply Chain Game Changer

AUGUST 16, 2022

Metrics included number and timeliness of inventory counts by day, the number and value of variances, timeliness of variance resolution, value of write-offs, etc. The use of drones for delivering goods and flying around in a warehouse and counting inventory has tremendous potential. Subscribe Here! Email Address. Love at First Flight!

Inventory Reduction 124

Inventory Reduction Inventory Waste Reduction Resource Reduction 124

Enterra Insights

JUNE 24, 2022

The following video provides a quick lesson about how barcodes work. Whether in a retail store or a warehouse, associates simply swipe the barcode across the scanner. The following video, created by GS1, gives a brief history of the barcode and explains why new codes are needed that provide more data for digital supply chains.

Supply Chain Design Software 130

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software Price Reduction 130

Supply Chain Game Changer

MAY 2, 2019

Keys to Success in Warehouse Management/Order Fulfillment! Growing e-commerce fulfillment demands and costs have collided to bring about an uptick in average 3PL fulfillment prices within the outsourced fulfillment industry, as was evidenced by FulfillmentCompanies.net’s annual poll of 500+ warehouses across the US. Subscribe Here!

Negotiating Skills 51

Negotiating Skills Purchasing Skills 3PL Warehousing 51

USC Consulting Group

NOVEMBER 2, 2021

DAVID NEWMAN: Increasing INVENTORIES is a common response to disruptions, however there are often constraints in the warehouse and storage space. What if the supply chain drivers that most affect your business performance were translated into metrics for operations and supply chain accountability?

Supply Chain Disruption 52

Supply Chain Disruption Supply Chain Planning Software Optimal Sourcing Supply Chain Software 52

Unleashed

OCTOBER 16, 2023

Demand forecasting tools , accurate inventory reporting and an optimised warehouse layout can all help improve your inventory planning. This is achieved through accurate demand planning and effective warehouse management. Let’s look at a few accounting metrics you may find useful when dealing with raw materials inventory management.

Inventory Management Software 52

Inventory Management Software Material Savings Inventory Management Inventory Reduction 52

Logistics Bureau

JULY 12, 2022

What are your performance metrics, and how do you know what good target should you achieve? Here’s John Monck , our resident warehouse consultant, to shed his thoughts. ?. KPIs for Your Warehouse: How to Choose and Use Them. Warehouse Design – Rules of Thumb… And a Checklist.

Warehousing 88

Warehousing Metrics Distribution Tools 88

ToolsGroup

MAY 4, 2020

We benchmark ourselves against the leaders in our industry on a monthly basis and we are constantly beating their forecast accuracy metrics. With ToolsGroup, the company can see all inventory by warehouse, location and item, in near real time. Video: McDonald’s Mesoamérica Supply Chain Response to COVID-19.

Supply Chain Planning Software 120

Supply Chain Planning Software Modeling Supply Chain Disruption Supply Chain Software 120

ToolsGroup

APRIL 1, 2022

Within a week of Russian troops crossing into Ukraine, the benchmark for thermal coal prices reached a record high of $446 per metric ton. The uptick’s been attributed to gaps in regulatory and process execution, and a shortage of skilled labor in warehouses. Deloitte ). Wall Street Journal ). Automotive News Europe ). Brookings).

Material Savings 207

Material Savings Purchasing Skills Supply Chain Planning Software Manufacturing Procurement 207

Kinaxis

NOVEMBER 7, 2017

If one plant uses one version of SAP, another plant uses a different version and your warehouse uses Oracle, how does collaboration happen between these systems? Tools for video conferencing, team collaboration and in the near future virtual reality and augmented reality, along with Supply Chain planning systems can (and should!)

Supply Chain Planning Software 186

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Modeling 186

Supply Chain Shaman

NOVEMBER 9, 2014

They had seen my videos on the website and needed a speaker for their global kick-off meeting. I believed that we would find a company with the lowest distribution costs (warehousing and transportation), and the lowest manufacturing costs, and this would result in the best overall cost structure. It was a large multinational company.

Manufacturing Procurement 286

Manufacturing Procurement Optimal Sourcing Benchmarking Supply Chain Design Software 286

RFgen

JUNE 30, 2023

That’s why tools such as mobile barcode scanning, warehouse automation software, and mobile apps are imperative. Inventory Visibility WATCH THE VIDEO » Current Problems with Traditional ERP and Inventory Management With so many benefits, how come ERP software doesn’t give your organization everything it needs to manage inventory?

Inventory Management Software 78

Inventory Management Software Supply Chain Planning Software Optimization Software Forecasting Software 78

Unleashed

NOVEMBER 30, 2020

They are absolutely mission-critical in any warehouse, manufacturing or retail environment because they simplify the act of inventory management and analysis by ensuring that your people speak with a common language. Other useful SKU metrics. For more on how Business Intelligence works in Unleashed, see the video below. ?.

Inventory Management Software 72

Inventory Management Software Supply Chain Design Software Forecasting Software Demand Planning Software 72

Talking Logistics

AUGUST 20, 2018

At the BluJay Soar 2018 conference this past May, I conducted several video interviews with BluJay customers on the growing importance of customer experience. You can watch excerpts from the videos at the research website. Is customer experience a supply chain metric at your company? Perspectives from BluJay Solutions Customers.

Innovation 100

Innovation Company Cost Reduction Strategies Logistics Network Optimization Software 100

Logistics Bureau

DECEMBER 19, 2022

If you browse through the Logistics Bureau blog, you’ll find at least two or three articles—and about the same number of videos—that cover warehouse product slotting. So here it is—your ultimate guide to warehouse product slotting. Slotting is the assignation of specific warehouse SKUs to discrete locations in the warehouse.

Warehousing 79

Warehousing Inventory Reduction Cost Reduction Strategies Resource Reduction 79

Unleashed

JANUARY 29, 2024

Using metrics such as inventory turnover rate , sell-through rate, and gross margin return on investment allows you to monitor your inventory performance more effectively. The discontinuation of SKUs that have low sales volumes, high return rates, or high storage costs, can save on warehouse space, and handling fees.

Inventory Reduction 52

Inventory Reduction Cost Reduction Strategies Waste Reduction Resource Reduction 52

Talking Logistics

JULY 15, 2015

The journey to become “the UPS of Big Box” involves not only enhancements to Sears’ transportation processes and technologies, but also its warehousing processes and technology, which were very outdated and poorly integrated with downstream delivery systems. Sears has a “fanatical focus” on customer satisfaction and Net Promoter Scores.

Logistics Network Optimization Software 100

Logistics Network Optimization Software Supply Chain Planning Software Conference Supply Chain Network Software 100

The Logistics & Supply Chain Management Society

MAY 18, 2021

blockchain), and video-based collaboration/content sharing. The new concepts require: • Digital supply chain execution capabilities in transportation, warehouse, labor and fulfillment. • Digital control towers fueled by artificial intelligence (AI), data science and analytics. Effective pricing and promotions management.

Supply Chain Network Software 243

Supply Chain Network Software Network Optimization Agile and Lean Supply Chain Modeling 243

Talking Logistics

MARCH 28, 2017

Focused on specific information—such as warehouse automation—this data is virtually useless for the shipper that wants to streamline and gain visibility over its yard processes. This, in turn, degrades the quality and potential insight that the data will be able to provide.

Supply Chain Software 0

Supply Chain Software Logistics Network Optimization Software Demand Planning Software Procurement Solutions 0

Kinaxis

MAY 24, 2018

Anyone in the organization may submit a four-minute video pitching their idea. This will call for partnerships with service providers, enabling the ‘Uberization of transportation’ and warehousing. Ana Dzura of Unilever talked about how her organization established a “Digifund” to drive innovation at the grassroots level.

Gartner 111

Gartner Supply Chain Execution Conference Supply Chain Planning Software 111

Logistics Bureau

SEPTEMBER 4, 2023

Even if your profit margins are not noticeably declining, would you be happy to know that orders are leaving your warehouse without making you a penny in profit? It will take just three or four minutes to view the video (it’s that short), and it genuinely highlights just how revealing a cost-to-serve analysis can be.

Negotiating Skills 76

Negotiating Skills Purchasing Skills Cost Reduction Strategies Analysis 76