Supply chain management is all about tracking goods as they move through an intricate process. One of the key stops in that process is through vendor warehouses or distribution centers. You aren’t in control of the whole supply chain at every moment, so you need a means to keep a close eye on things moving through vendor nodes. That’s what vendor managed inventory (VMI) is all about.
Order fulfillment is the ultimate goal of supply chain management, and there are a lot of steps involved in meeting that goal. If you want to modernize your order fulfillment and develop a process that keeps up with brutal demands, you need distributed order management (DOM) software. It’s a key piece of supply chain and warehouse management, and it improves your fulfillment on two fronts.
As complex as manufacturing processes have become, the core of profitable manufacturing is actually very simple - you need as much output for as little cost as possible. It’s the easiest math in the world, right? Achieving those goals is another matter, and you will always be in search of ways to increase your throughput and throughput capacity.
Supply chain management is no easy feat. No matter where you fit into the greater whole of your industry, you have to wait on supplies from others before you can do your part. Meanwhile, buyers will be waiting on you. When any cog breaks down in the system, everyone suffers. An important means to avoid some of those breakdowns is to have an effective transportation management strategy. There’s a lot that goes into such a strategy, but these tips will help you to avoid some common mistakes.
One of the most difficult things to manage in terms of an inventory based business is how much demand you have for your inventory and your actual inventory level that is kept readily available. Even if you have been in the business for several years, it is still difficult to really determine the right level of inventory needed to meet your specific goals as well as what your customers will actually buy.
The sale is done – but it’s Not Over.
It takes an extraordinary effort to keep up with supply chain management. Moving goods requires so much more than just shipping them to a final location. With so many cogs in the system, every completed order can feel like a small miracle if you actually stop and think about how much went into it. It’s plenty to keep anyone busy, and it’s why post-sales processing is so thankless. Even after you deliver the product, there are tasks that must be completed. If you want to look at a holistic way to better handle those tasks, you need to think about reverse logistics.
Let’s be real - warehouse jobs are tough, and not everyone is made for it. You’ve probably tweaked your hiring process to weed out the wrong people as much as possible, but you still end up with too much turnover. Improving warehouse labor retention is a challenge as it is competitive, and there are more jobs than available workers right now. You can try to throw money at the problem, but eventually, you’re probably going to be outbid. So, what else can you offer workers? A better work environment and quality of life are major perks to many potential employees. These two ideas can reduce turnover without putting you into a bidding war.
They say that entrepreneurship is the backbone of the American economy. That’s fair, but supply chain management is what makes entrepreneurship possible. Without impressive logistical operators keeping goods flowing, businesses (new or old) can’t function. If you want to store or move goods, you need expertise. Thankfully, the same systems powering companies like UPS and Sony are available to everyone. Softeon offers the very resources that power the biggest supply chains in the world to every client, and this is how they make it work.
Supply chain management has a few common kinks that keep the overall system from running exactly the way we want. Those kinks can be frustratingly out of our control, such as receiving shipments from suppliers. But one of the worst offenders is usually in the center of your operation. Sorting systems are vital to improving workflow, but they are prone to bottlenecks and inefficiency. For many warehouses, their sorting systems are hurting productivity by working under capacity. There are two low-cost ways to tackle this problem...
Nearly half of all online shoppers say that they have abandoned shopping carts when shipping speeds were too slow. To meet the demands of consumers who have more shopping choices than ever, you need a shipping process that is fast and efficient. Here are a few areas to focus on if you are going to deliver the results people want...