GlobalTranz

JULY 28, 2021

An optimized supply chain is one that is as efficient as possible; it is more likely to reduce costs, increase customer satisfaction rates, and add value for stakeholders. That means identifying areas of waste, overlap and large volumes and enabling continuous improvement through the use of transportation metrics to track performance.

Optimal Sourcing 317

Optimal Sourcing Optimization Software Network Optimization Supply Chain Optimization 317

Supply Chain Game Changer

AUGUST 21, 2022

A solid supply chain and logistics strategy is essential for large companies. Using a logistics-oriented strategy helps companies better understand their suppliers, improve customer service, and optimize shipping. Smart logistics strategies can reduce wastage and improve operational costs. Subscribe Here! Email Address.

Inventory Reduction 104

Inventory Reduction Price Reduction Cost Reduction Strategies Material Savings 104

Enterra Insights

AUGUST 17, 2022

However, another, less obvious factor — food waste — is exacerbating the food security challenge. All one needs to do to find someone wasting food is look in the mirror. Don’t waste food.”[1] Waste is happening at every point, from the field to the dinner table.” ” Food Waste is an Enormous Problem.

Waste Reduction 130

Waste Reduction Food Supply Chain Planning Software Resource Reduction 130

Enterra Insights

AUGUST 17, 2022

However, another, less obvious factor — food waste — is exacerbating the food security challenge. All one needs to do to find someone wasting food is look in the mirror. Don’t waste food.”[1] Waste is happening at every point, from the field to the dinner table.” ” Food Waste is an Enormous Problem.

Waste Reduction 130

Waste Reduction Food Supply Chain Planning Software Resource Reduction 130

Supply Chain Shaman

NOVEMBER 15, 2021

Ships continue to hold in the west coast harbors of LA and Long Beach, and the west coast warehouses are full. Paid only when the wheels are turning, the asset-intensive carrier base struggled with wait times and warehouse inefficiences. Lane RFPs focused on cost reduction, but few asked if they had a feasible plan.

Supply Chain Design Software 285

Supply Chain Design Software Supply Chain Planning Software Sourcing Strategies Supply and Demand 285

Unleashed

DECEMBER 28, 2021

One major aspect of running a lean business is reducing inventory – that is, a reduction in the amount of inventory your organisation keeps on hand at a given time. In this article we outline the 15 best methods you can use to reduce inventory: Why do businesses reduce inventory? Less waste. Techniques for 2022.

Inventory Reduction 86

Inventory Reduction Cost Reduction Strategies Waste Reduction Expense Reduction 86

Logistics Viewpoints

OCTOBER 12, 2023

Nearly eight in 10 (78%) consumers consider food waste, likely out of a desire to minimize spending. Lower-income consumers and those using food assistance programs care the most about food waste as a purchase driver—again, suggesting it is a response to higher prices.”

Supply Chain Design Software 267

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Supply Chain Planning 267

Supply Chain Shaman

JANUARY 8, 2024

In the past five years, companies have 5-10X the number of AGVs in their warehouses, but 40-60% more planners in corporate. We have successfully reduced warehouse labor, but planning is more labor intensive today, and less effective. Consider the role of functional metrics and the lack of alignment with the corporate scorecard.)

Supply Chain Design Software 243

Supply Chain Design Software Supply Chain Planning Software Modeling Software Supply Chain Network Software 243

The Logistics & Supply Chain Management Society

NOVEMBER 15, 2021

From its peak, 97% flight capacity was reduced from Singapore Airlines. With such dramatic reductions in flights, Singapore’s status of a logistics hub was put severely at risk. The digital twin allows for internal operations as well as customers to view the various processes, along with detailed metrices throughout the facility.

Singapore 246

Singapore Logistics Network Optimization Software Supply Chain Design Software Waste Reduction 246

RFgen

DECEMBER 4, 2024

Supply chain efficiency is the cornerstone of success and involves the effective management of processes, resources, and technologies from procurement to production, transportation to warehousing. In the automotive sector, manufacturers are simultaneously reducing inventory costs and delivery times.

Sourcing Strategies 60

Sourcing Strategies Inventory Reduction Waste Reduction Expense Reduction 60

GlobalTranz

AUGUST 9, 2016

“ The most dangerous kind of waste is the waste we do not recognize ”: Shigeo Shingo. Lean thinking focuses on the elimination of all waste (where waste is defined as any non-value added process) and bringing value to the customer , beyond the customer’s expectations. Try to recognize all of your wastes.

Waste Reduction 120

Waste Reduction Agile and Lean Supply Chain Lean Cost Reduction Strategies 120

GlobalTranz

MARCH 15, 2017

While trucks have a smaller carbon footprint/kg/km than air freight, the enormous volume of truck freight explains why reducing the carbon footprint is a priority goal. . Add in emissions from fork trucks, yard trucks, 3PLs and there’s almost no way for a shipper to easily assess, track and reduce their carbon footprint. .

Cost Reduction Strategies 120

Cost Reduction Strategies Waste Reduction Expense Reduction Material Savings 120

ToolsGroup

JUNE 2, 2023

When reference data – such as product codes, supplier information, and warehouse locations – is misaligned across systems, it can cause discrepancies in transactional data, leading to inaccurate inventory levels and unreliable performance metrics. 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

RFgen

NOVEMBER 27, 2024

You’ll learn how to leverage data to streamline operations, reduce costs, improve efficiency, and exceed customer expectations. Various supply chain optimization techniques, such as detailed planning, assessing current practices, and automating processes, can significantly enhance efficiency and reduce costs. Let’s dive in.

Optimal Sourcing 84

Optimal Sourcing Supply Chain Optimization Modeling Inventory Reduction 84

The Logistics & Supply Chain Management Society

MAY 28, 2022

In addition to reducing their overall carbon footprint, reducing their consumption of energy and resources, and preserving the planet for future generations, sustainability can improve a company’s financial results. You can also keep track of your supplier’s transportation times. You may even save money by choosing a local supplier.

Sustainability 264

Sustainability Agile and Lean Supply Chain Supply Chain Software Supply Chain Optimization 264

GlobalTranz

JULY 20, 2015

Thus, reverse logistics management has developed into a discipline that produces cost reductions, adds efficiencies and improves the consumer experience. Importance of Metrics in Reverse Logistics Management. Importance of Metrics in Reverse Logistics Management. The objective is to minimize product in the waste streams.

Reverse Logistics 120

Reverse Logistics Supply Chain Planning Software Supply Chain Network Software Optimization Software 120

The Logistics & Supply Chain Management Society

JULY 23, 2020

“When the world changes around you, and when it changes against you, what used to be a tailwind is now a headwind — you need to lean into that and figure out what to do because complaining isn’t a strategy.”. This allows Zara to make products that meet consumer tastes and reduces the number of items they must sell at a discount.

Agile and Lean Supply Chain 258

Agile and Lean Supply Chain Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 258

RFgen

DECEMBER 19, 2024

In the age of same-day delivery and rising consumer expectations, there is immense pressure on warehouses to perform at peak efficiency. That’s where warehouse optimization comes in. Here’s what you can expect: A clear definition of warehouse optimization and its core components. Ready to get started?

Optimal Sourcing 54

Optimal Sourcing Optimization Software Waste Reduction Inventory Reduction 54

Supply Chain Game Changer

NOVEMBER 14, 2018

Certainly we should all reduce, reuse and recycle and it applies everywhere! As such we have the direct or indirect ability to take actions which can promote environmental sustainability, reduce carbon footprint impacts, and drive the creation of the Green Supply Chain. Supply Chain Carbon Footprint Reduction.

Waste Reduction 59

Waste Reduction Material Savings Resource Reduction Cost Reduction Strategies 59

Logistics Viewpoints

JUNE 28, 2024

The end result is a blending of biotechnology and artificial intelligence to help us overcome our feeble human lives by cutting down on human aging as much as possible. It is the company’s largest plastic packaging reduction effort in North America to date and will remove almost 15 billion plastic air pillows from use annually.

Logistics Network Optimization Software 221

Logistics Network Optimization Software Waste Reduction Logistics Price Reduction 221

Unleashed

JANUARY 31, 2023

Lean logistics is a strategy designed to optimise supply chain efficiency by cutting out waste and maximising customer value. Lean logistics is a method of supply chain optimisation that focuses on eliminating wasteful activities from all checkpoints along the supply chain and increasing value for the customer.

Agile and Lean Supply Chain 98

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

GlobalTranz

MAY 6, 2015

There should be metrics involved to monitor these objectives to ensure success across the supply chain. These metrics should be reviewed frequently to ensure supply chain success. Eliminate All Waste in the Supply Chain So That Only Value Remains. Reduce Lead Time. These objectives are accomplished as follows: 1.

Agile and Lean Supply Chain 120

Agile and Lean Supply Chain Supply Chain Planning Software Waste Reduction Lean 120

Logistics Viewpoints

JULY 19, 2023

In the survey, APQC used a series of performance metrics, including net promoter score, customer retention rate, perfect order performance, and on-time delivery among others, to identify the top performing companies. A final way to improve supply chain sustainability is by optimizing returns at the store and warehouse level.

Sustainability 215

Sustainability Optimal Sourcing Logistics Material Savings 215

Supply Chain Shaman

OCTOBER 29, 2020

Cash-to-Cash Metrics. Cash-to-cash is a compound metric: (Days of Receivables+Days of Inventory)-Days of Payables=Cash Conversion Cycle. Instead, the focus is on reducing the costs of finance by eliminating labor costs through Business Process Reengineering (BPOS) and elongating payables. Want to talk about waste?

Optimal Sourcing 236

Optimal Sourcing Supply Chain Design Software Waste Reduction Inventory Reduction 236

SCMDOJO

AUGUST 4, 2023

If so, then it’s time to consider the numerous benefits of reducing inventory. In this article, we’ll explore seven compelling reasons why you should reduce inventory and how it can be a game-changer for your business. But when should you consider reducing inventory? The same applies to inventory reduction.

Inventory Reduction 98

Inventory Reduction Material Savings Cost Reduction Strategies Waste Reduction 98

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. Food waste produces 7% of the world’s greenhouse gas emissions, mainly methane, an extremely potent gas.

Supply Chain Planning Software 223

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Software 223

Logistics Viewpoints

JUNE 10, 2021

As an entrepreneur I’ve been reflecting on this a lot: The current milestone in logistics and fulfillment is using emerging technologies to capture and leverage exponentially growing data sets in warehouses and throughout the entire fulfillment network. Oracle Warehouse Management does this! The rise of autonomous technologies.

Supply Chain Network Software 185

Supply Chain Network Software Supply Chain Planning Software Predictive Analytics Software Modeling Software 185

Unleashed

JANUARY 25, 2023

In these tricky times, smart cash flow management strategies are essential to bring down costs (or push profits) in controllable areas, offsetting international instability. This is achieved through the implementation and continued improvement of cash flow management strategies. To improve cash flow, process optimisation is necessary.

Material Savings 98

Material Savings Inventory Reduction Price Reduction Cost Reduction Strategies 98

Precoro

NOVEMBER 11, 2024

These benefits aren’t just about lower prices; they’re also about reducing transportation and inventory costs, which can really add up over time. That means they’re doubling up on items, wasting money, and tying up resources in products they don’t need right now.

Pricing Training 90

Pricing Training Expense Reduction Price Reduction Cost Reduction Strategies 90

GlobalTranz

FEBRUARY 27, 2017

While trucks have a smaller carbon footprint/kg/km than air freight, the enormous volume of truck freight explains why reducing the carbon footprint is a priority goal. Add in emissions from fork trucks, yard trucks, 3PLs and there’s almost no way for a shipper to assess, track and reduce their carbon footprint easily. Root cause.

Waste Reduction 120

Waste Reduction Sustainability Cost Reduction Strategies Expense Reduction 120

Supply Chain Shaman

DECEMBER 10, 2018

It was a strategy day in 2006. Mark Hersh (shown here) is now a Director of Supply Chain Strategy at Clorox while Dave retired in 2018. Value Chain segmentation—designing a fit for purpose supply chain—was the focus of the strategy day workshop. We spoke of this during the strategy day. I share it here.

Inventory Reduction 170

Inventory Reduction Cost Reduction Strategies Waste Reduction Material Savings 170

Supply Chain Shaman

AUGUST 7, 2019

Recently, I conducted a strategy session was with a major consumer products company selling cosmetics. The company wanted to launch a digital strategy, but the digital supply chain team had never connected with the firm’s digital marketing team to understand how the two groups’ efforts could be intertwined.

Supply Chain Design Software 253

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 253

Logistics Bureau

NOVEMBER 23, 2024

To say there is any one single way in which to manage a warehouse would be folly—much depends on the nature of the supply chain and of the warehouse itself. If on the other hand, your warehouse is already free of these problems, it’s a good idea to take note of them anyway and to remain vigilant.

Warehousing 59

Warehousing Inventory Reduction Cost Reduction Strategies Waste Reduction 59

Supply Chain Shaman

NOVEMBER 15, 2021

Ships continue to hold in the west coast harbors of LA and Long Beach, and the west coast warehouses are full. Paid only when the wheels are turning, the asset-intensive carrier base struggled with wait times and warehouse inefficiences. Lane RFPs focused on cost reduction, but few asked if they had a feasible plan.

Supply Chain Design Software 195

Supply Chain Design Software Supply Chain Planning Software Sourcing Strategies Supply and Demand 195

Supply Chain Shaman

NOVEMBER 15, 2021

Ships continue to hold in the west coast harbors of LA and Long Beach, and the west coast warehouses are full. Paid only when the wheels are turning, the asset-intensive carrier base struggled with wait times and warehouse inefficiences. Lane RFPs focused on cost reduction, but few asked if they had a feasible plan.

Supply Chain Design Software 195

Supply Chain Design Software Supply Chain Planning Software Sourcing Strategies Supply and Demand 195

Supply Chain Shaman

OCTOBER 8, 2019

The design of the conference includes tours of several modern warehouses and centers of excellence. 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. 4 Maximize Buffers.

Supply Chain Design Software 189

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

SCMDOJO

APRIL 29, 2024

By streamlining processes, reducing costs, and improving customer satisfaction, companies can achieve higher profitability and sustainability. A well-established sourcing strategy helps businesses secure the best quality materials at the most competitive prices. It includes activities such as order processing, packaging, and delivery.

Supply Chain Planning Software 95

Supply Chain Planning Software Optimal Sourcing Supply Chain Design Software Supply Chain Software 95