Inventory management is a crucial aspect of supply chain management, and effective strategies can help businesses reduce costs, improve customer service, and increase profits. But what does a great inventory management strategy look like?…
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Fleet Route Optimisation in the Past, Present, and Future
Over a relatively short period, a transport or fleet manager’s ability to support an efficient distribution network through route and delivery optimisation has shifted from almost nil to almost limitless…
Energy and Labour Costs: 2 Top Warehousing Challenges in 2023
Recent studies have shown that among the challenges frustrating warehouse and distribution centre managers this year, rising energy and labour costs are two of the most often cited. Of course, there is no quick and easy way to curb increases in the cost of energy and labour, but now is an excellent time to start thinking about practical ways to reduce energy usage and increase labour productivity and efficiency…
6 Critical Success Factors in Distribution Network Design
Many logistics professionals involved in distribution network design naturally strive to achieve the best possible results. However, for one reason or another, certain aspects are often overlooked or simply don’t receive enough emphasis during the design process…
Cost to Serve Analysis—And the Costs of Neglecting It
Have you conducted a cost-to-serve (CTS) analysis for your enterprise? Many companies have never drilled down into the costs involved in selling specific SKU categories, individual SKUs, or providing particular services connected with those sales, to specific customers or customer categories. And that is the sole purpose of cost-to-serve analysis…
Ecommerce Inventory Management: Challenges & Solutions
Effective inventory management has become increasingly crucial for businesses in this fast-paced and rapidly evolving era of ecommerce. Moreover, the ecommerce explosion has brought new and unique challenges that complicate inventory management for enterprises selling online…
10 Freight Management Mistakes and How to Avoid Them
Is your company one of the many that take a minimalist approach to freight management? Yes… I did say minimalist, not lean.
When I say minimalist, I’m talking about the many companies which, while reliant on freight to keep supplies coming in and products going out, don’t see freight management as a core competency. In many cases, quite rightly so…
The Power of Outsourcing for Supply Chain Improvement
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…
The Big List of Supply Chain KPI Mistakes to Avoid
Who would have thought that measuring the performance of supply chain processes like warehousing, procurement, or logistics could be so troublesome?
The impacts of some of these errors can mask the KPI’s involvement, leading managers on a wild goose chase looking for other causes. But we’re determined to enlighten you about their existence because, with that knowledge, you can avoid making KPI mistakes in your supply chain.
9 Steps to Follow When Preparing for Supply Chain Project Management
What does it take to prepare for managing a supply chain project? A comprehensive step-by-step guide would be a welcome start, indeed.
So here it is… Ten steps to successful supply chain project preparation.