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Optimize B2B Supply Chain: Maximizing Efficiency from Planning to Delivery

Rishika Patel | March 23, 2023 | 927 views | Read Time : 09:48 min

from-planning-to-delivery
Efficiency is crucial for B2B supply chain success. Effective supply chain management techniques can streamline operations, reduce costs, and enhance customer satisfaction from planning to delivery.

Contents
1. Strategic Planning to Enhance Supply Chain Optimization 
1.1 Roadmap for Developing Supply Chain Optimization 
1.2 Integrating Supply Chain Strategy with Business Strategy for ROI Growth 
2. Effective Procurement Strategies to Maximise ROI in Supply Chain
2.1 Supplier Relationship Management 
2.2 Cost-effective Procurement Processes 
2.3 Continuous Improvement and Innovation 
2.4 Risk Management and Mitigation 
3. Optimizing Supply Chain with Effective Demand Forecasting Techniques 
3.1 Anticipate Future Demand
3.2 Overstocking and Understocking Risk Management 
3.3 Integrated Forecasting approach between Supply Chain Stakeholders 
4. Emerging Technologies for Supply Chain Optimization Leveraged by Enterprises 
4.1 AI and ML 
4.2 Blockchain Technology 
4.3 IoT 
4.4 Augmented Reality and Virtual Reality 
5. Leading Solution Providers for B2B 
6. Conclusion 

Optimizing the B2B logistics and supply chain management has become a crucial business strategy to increase efficiency, cut costs, and boost customer satisfaction in the fiercely competitive business environment. With the increasing customer demand, supply chain managers now emphasize on faster, more precise, and unique ways to fulfill orders with enhanced logistics management techniques.

“Companies that optimize their supply chain operations experience a 2.3 times greater EBITDA (earnings before interest, taxes, depreciation, and amortization) than their competitors.”

(Source - A survey by Deloitte in 2020)

Despite the significance of supply chain optimization, it is challenging to keep up with the latest industry trends and best practices due to the dynamic nature of the logistics industry. Learning the value of optimizing the B2B supply chain and how it can assist businesses in keeping up with the ever-growing demands of their customers through planning, strategizing and leveraging technologies helps businesses maintain a competitive advantage and achieve sustainable growth.


1. Strategic Planning to Enhance Supply Chain Optimization

To achieve optimal results, businesses must develop a comprehensive plan outlining their supply chain improvement goals, objectives, and strategies.


1.1 Roadmap for Developing Supply Chain Optimization

Developing a roadmap for supply chain optimization includes reviewing current operations that help in identifying the strengths and weakness of the supply chain management and assist in recognizing the opportunities for improvement, establishing SMART goals and objectives, defining strategies to meet these goals, involve streamlining processes, investing in technology, improving supplier relationships, and engaging customers and actions, as well as ensuring market adaptability to accommodate changing market conditions and evolving customer needs through assessment and adjusting the roadmap.

1.2 Integrating Supply Chain Strategy with Business Strategy for ROI Growth

Integration of the supply chain involves aligning the supply chain objectives with the overall business goals, such as revenue growth, cost reduction, and customer satisfaction. The integration ensures the supply chain operations support the business goals, like cost reduction, customer satisfaction and revenue growth.

"Companies that successfully integrate their supply chain and business strategies can reduce operating costs by 10-15% and increase efficiency by 20-30%.”

(Source - A study by Accenture in 2020)

The alignment further helps track KPIs and data-driven decision-making and continuously improves the supply chain operations to achieve objectives. Furthermore, it assists in better planning, coordination, and execution of supply chain activities, resulting in faster and more accurate fulfillment of customer orders.


2. Effective Procurement Strategies to Maximize ROI in Supply Chain

Procurement strategies can raise productivity in the fast-paced logistics management and supply chain industry by optimizing the supply chain, boosting efficiency, and giving a competitive edge.


2.1 Supplier Relationship Management

Effective supplier relationship management (SRM) can result in more competitive pricing, enhanced product quality, and increased dependability. To accomplish SRM, businesses must identify key suppliers, develop partnerships, communicate effectively to ensure clear expectations and mutual understanding, share information and collaborate to foster innovation and continuous improvement.


2.2 Cost-effective Procurement Processes

Implementing cost-effective procurement procedures can help businesses reduce expenses and enhance productivity. To achieve cost-effectiveness, businesses should streamline operations to save time and money, leverage technology to automate processes and improve accuracy and negotiate with suppliers for better pricing and terms.


2.3 Continuous Improvement and Innovation

Continuous improvement and innovation are necessary for logistics and the supply chain to remain competitive. This involves regularly reviewing and updating procurement processes, supporting supplier innovation, and keeping up with procurement and supply chain management technology trends and developments.


2.4 Risk Management and Mitigation

Effective risk management and mitigation strategies are essential to prevent disruptions in the supply chain. To achieve this, businesses should focus on identifying potential risks and developing mitigation strategies, incorporating redundancy into the supply chain to minimize the impact of disruptions, and establishing transparent emergency communication and escalation procedures.


3. Optimizing Supply Chain with Effective Demand Forecasting Techniques


3.1 Anticipate Future Demand

Accurate demand forecasting is crucial for supply chain optimizing done by analyzing real-time supply chain data to identify trends. For demand forecasting, businesses can utilize historical sales data, market trends, and customer feedback. To make accurate forecasts, companies must consider various factors influencing demand, such as seasonality, economic conditions, and shifting customer preferences.


3.2 Overstocking and Understocking Risk Management

Demand forecasting errors can lead to overstocking and understocking in supply chain management. Using demand forecasting rightly can determine the optimal inventory level at any given time to avoid overstocking and understocking. Businesses can predict demand and adjust inventory by analyzing sales data, market trends, and other factors.


3.3 Integrated Forecasting approach between Supply Chain Stakeholders

The integrated forecasting approach entails coordinating data sharing and communication between all supply chain stakeholders, from suppliers to customers. Stakeholder participation in demand forecasting improves accuracy. In addition, each stakeholder has unique knowledge and perspective that can help identify trends and patterns.

4. Emerging Technologies for Supply Chain Optimization Leveraged by Enterprises


4.1 AI and ML

Leading SCM providers do offer regression modeling and causal analysis for demand forecasting. Using AI and ML, the functionality is embedded within the DP module. If a more rigorous and sophisticated approach is desired, it is possible to forecast demand numbers outside the SCM system using sophisticated modeling and then upload them back into the SCM system.


4.2 Blockchain Technology

Blockchain enables secure, transparent, and decentralized transactions. It can be utilized in the supply chain to track the movement of goods, reduce the risk of fraud, and increase supply chain visibility by maintaining an immutable record of every transaction.


4.3 IoT

To monitor humidity, temperature control, and other environmental factors that affect the quality of products while in transit. IoT helps businesses enhance supply chain visibility, reduce product spoilage risk, and enhance customer satisfaction using modern temperature control technology.


4.4 Augmented Reality and Virtual Reality

AR and VR technologies are transforming the supply chain by improving the accuracy of inventory management, reducing errors, and enhancing the training of employees. In addition, its tools can be used to create digital representations of warehouses, products, and equipment, allowing employees to visualize the supply chain and identify areas for improvement.


5. Leading Solution Providers for B2B

Several leading B2B companies have been identified based on research for supply chain optimization. To optimize supply chains, these companies have demonstrated a commitment to strategic planning, effective procurement strategies, and demand forecasting techniques. The solution providers also recognize the significance of managing risks associated with overstocking and understocking and have implemented integrated forecasting approaches with their supply chain partners and customers. In addition, these companies use emerging technologies such as augmented reality, virtual reality, cloud technology, machine learning and AI, blockchain technology, and the IoT to improve their supply chain operations. By prioritizing supply chain optimization, the following B2B companies gain a competitive advantage within logistics and supply chain industries and provide exceptional customer experiences.

Coupa Software

The supply management solutions offered by Coupa Software are hosted in the cloud and make use of machine learning and artificial intelligence to provide businesses with insights that can be used for data-driven decision-making. It assists businesses in tracking the performance of their supply chains compared to key performance indicators, identifying areas in which advancements can be made, and taking action to optimize their supply chain operations.

Stord

Stord a platform provider, offers a suite of software solutions that improve supply chain management for businesses. Its warehousing, transport, and inventory management solutions are integrated into a single platform. As a result, Stord offers companies greater visibility and control over their supply chains, allowing them to make more informed decisions and optimize operations by combining these functions into a single platform.

Roambee

Roambee is an artificial intelligence (AI)-powered platform that provides improved supply chain and visibility solutions for real-time, on-demand, and end-to-end data. Using cloud data analytics and automation, it assists in monitoring shipments, inventories, and returnable assets to provide dependable and responsive monitoring solutions. The result is a return on investment (ROI) of 4X or more on the supply chain assets by optimizing inventory levels and utilization.

FlowSpace

FlowSpace offers cloud-based supply chain solutions. With an internet connection, businesses can access real-time inventory, orders, and shipments from anywhere. Its solutions optimize inventory and demand fulfillment with machine learning and predictive analytics. In addition, IoT sensors and beacons provide accurate warehouse operations data for the company. FlowSpace uses cutting-edge technology to provide efficient and effective supply chain solutions.

OPTEL Group

OPTEL Group's cutting-edge traceability solutions help businesses optimize their supply chain. These solutions permit businesses to track their products and materials throughout the supply chain, from production to distribution. It's traceability solutions provide businesses with real-time visibility into their supply chain operations by utilizing advanced data capture technologies such as barcode scanning, RFID, and serialization. This allows them to identify potential bottlenecks, optimize workflows, and decrease waste and inefficiency.

Blue Ridge

Blue Ridge,a provider of cloud-based supply chain solutions, has developed a suite of solutions that make use of machine learning and artificial intelligence to improve the accuracy of forecasts, reduce the costs associated with inventory, and increase company's profitability. It does this by providing businesses with flexible and scalable solutions, as well as ones that can be adapted to meet the particular requirements of each business.

GMDH Streamline

GMDH Streamline makes use of complex algorithms to perform data analysis and provide insights that, when implemented in B2B logistics operations, can lead to increased efficiency and a reduction in costs. This software can analyze past sales data and make predictions about future demand patterns, which helps to ensure that the right products are always available for purchase. Because of this, there will be less of a need for excessive stockpiling, which can prevent the free flow of capital and raise the risk of stock obsolescence.

Netstock

Netstock's cloud-based solutions provide businesses the agility and responsiveness they need to stay competitive in the ever-changing business landscape. With its seamless integration with industry-leading ERPs, Netstock unlocks valuable ERP data and enables businesses to make informed decisions based on enhanced analytics. In addition, by leveraging Netstock's solutions, businesses can respond swiftly to supply and demand fluctuations, resulting in optimized logistics and efficient supply chain management.

Solvoyo

With Solvoyo's platform, businesses can optimize their supply chain performance, reduce inefficiencies, and achieve cost savings. In addition, the platform offers advanced scenario modeling and real-time analytics to help companies to make informed decisions and quickly adapt to changing market conditions. By leveraging Solvoyo's capabilities, businesses can achieve a competitive advantage and drive growth in the dynamic world of supply chain management.

American Software, Inc.

American Software provides logistics and supply chain companies with supply chain management software solutions. Its solutions including supply chain planning, warehouse management, transportation management, global trade management, and vendor inventory management are intended to assist businesses in optimizing their B2B logistics operations, increasing their efficiency, and lowering their expenses. In addition, it provides modern temperature control technology to ensure safe and efficient transport of temperature-sensitive goods in the supply chain.


6. Conclusion

“The global supply chain management market size is expected to reach USD 37.4 billion at a CAGR of 11.3% by 2027."

(Source -  Grand View Research)

The anticipated growth of the global supply chain management market presents businesses with opportunities to enhance their supply chain operations by implementing innovative technologies and strategies. The increase in market size indicates a growing demand for efficient supply chain management solutions that reduce costs, optimize efficiency, and improve customer satisfaction. Businesses can use AI, blockchain, and augmented reality to analyze real-time data, forecast demand, and streamline procurement. These technologies and strategies can give logistics and supply chain management businesses an edge in the increasingly competitive marketplace.

Spotlight

Dematic

Dematic is a global leader providing a comprehensive range of intelligent intralogistics and materials handling solutions. With a global knowledge network of more than 4300 highly skilled logistics professionals, Dematic is able to provide its customers a unique perspective in world class materials handling solution design.

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Inventory Management Best Practices for Supply Chain Distribution

Article | July 18, 2022

Improve supply chain operations with innovative inventory management best practices. Uncover the techniques for achieving exceptional supply chain performance in the B2B competitive marketplace. Effective inventory management is critical for businesses seeking to optimize their supply chain operations and improve their warehousing & supply chain distribution efficiency. By employing demand optimization techniques, inventory management aims to strike the right balance between meeting current and anticipated future demand while minimizing unnecessary inventory costs. Organizations that maintain optimal inventory levels can mitigate challenges associated with inventory, such as overstocking and stockouts. In supply chain management, inventory optimization is vital, as it directly impacts organization’s ability to thrive. For any enterprise selling products, the effective management of goods is essential. Without adequate stock levels for sales or fulfilling customer orders, revenue generation and overall income can be severely hindered. Inefficient inventory management, leading to stock shortages, can create stumbling blocks for businesses. Conversely, improper stock tracking resulting in excess inventory can strain financial resources. As these issues compound, it further contributes to inventory imbalances, eventually leading to bottom-line losses from expired or redundant stock. According to a recent Statista survey, 40% of the supply chain industry has already adopted advanced technologies to optimize its inventory and using networking tools. The above data signifies the importance of optimizing and managing inventory for improved supply chain performance. Inventory analytics, typically overseen by an inventory manager, offer valuable insights that aid in understanding and enhancing inventory performance. Inventory management best practices help achieve effective inventory optimization, crucial data points encompassing products, suppliers, procurement, purchases, and sales that are meticulously tracked within the inventory management system. These data, in turn, serve as the foundation for formulating inventory metrics aimed at demand optimization. This article explains the techniques to optimize and manage inventory with the inventory management best practices that helps overcoming challenges, addressing procedural considerations, and highlighting the significance of implementing these methods. Additionally, it explores the benefits of adopting solution for improved supply chain distribution network. 1. Implementing Standard Inventory Review Systems To enhance supply chain operations, adopting standard inventory review system is essential, which can significantly contribute to inventory optimization efforts. Two effective methods to review systems include the continuous review system and periodic review system. In the continuous review system, fixed quantities of items are ordered in each cycle, providing a steady and consistent approach to inventory management. On the other hand, the periodic review system involves collecting products at predetermined intervals, considering the inventory levels at that specific moment. Embracing these standardized review systems empowers businesses to streamline inventory processes, maintain optimal stock levels, and improve overall supply chain efficiency. 2. Streamline Stocktake Supply chain operations can be improved by streamlining the stocktaking process, which involves meticulously counting and managing inventory. A well-structured stocktake procedure ensures accuracy and prevents losses by keeping staff engaged and focused. To achieve accuracy and earn profits, businesses must: Schedule stocktakes strategically to minimize disruption in regular business operations. Prioritize cleaning and organizing the stockroom before the stocktake to facilitate efficient counting. Clearly define the item count and the counting methods to eliminate guesswork. Conduct comprehensive stock counts, leaving no room for assumptions. By implementing these measures, businesses can optimize inventory management, identify discrepancies promptly, and maintain precise stock records. The streamlined stocktake process contributes to smoother supply chain operations, reduces inventory-related errors, and enhances overall productivity and profitability. 3. Utilize Cloud-Based Inventory Management System Transitioning from Excel inventory management to a cloud-based inventory management system is critical to enhancing supply chain operations. It is considered one of the most used inventory control best practices. Unlike locally-installed applications, cloud-based software offers numerous advantages, enabling businesses to pay for essential features and effortlessly upgrade as needs evolve. Companies can efficiently manage costs with a predictable subscription fee tailored to feature requirements and team size. Seamless upgrades become hassle-free as business growth justifies a move to a more robust platform, ensuring scalability. Additionally, cloud technology provides continuous support, ensuring smooth operations and quick issue resolution. With a dedicated support team on standby, businesses can focus on optimizing inventory management, managing warehouse automation, and driving overall productivity. Embracing cloud-based inventory management is a business-changing decision that unlocks increased agility, accessibility, and cost-effectiveness for long-term success. 4. Implement Adequate Quality Control Practices Enhancing supply chain operations requires the implementation of robust quality control practices. Accurate quality control processes play a pivotal role in maintaining inventory quality, directly impacting customer satisfaction and business growth. Effective steps include developing comprehensive checklists, outlining stock-taking procedures, followed by standard operating procedures to qualify or disqualify products with effective warehouse management systems. By adhering to these protocols, businesses can prevent issues of overstocking or understocking, ensuring customers receive only appropriate merchandise. Companies can strengthen their reputation, increase operational efficiency, and cultivate lasting customer loyalty through this inventory optimization best practice. The seamless integration of quality control practices into the supply chain fosters a thriving business environment built on excellence and customer-centricity. 5. Preparing Well Planned Inventory Budget A well-structured inventory budget is one of the industry-used inventory management best practices to enhance logistics distribution and supply chain processes. Managers commonly utilize an annual inventory budget, meticulously prepared before procuring inventory. The budget is designed to encompass the total cost of ownership for the upcoming accounting period, encompassing materials cost, fixed operational expenses, transportation and logistics charges, redistribution costs, and other miscellaneous expenses impacting the inventory's total cost of ownership. By crafting a comprehensive inventory budget, businesses gain financial clarity, optimize resource allocation, and ensure efficient inventory management throughout the year. A well-planned budget empowers informed decision-making, minimizing financial risks and driving overall supply chain success. 6. Carrying Safety Stock Inventory Operations in the supply chain require safety stock inventory – a strategically maintained surplus of inventory to protect against market demand and lead time fluctuations. By implementing safety stock, businesses can avoid revenue loss, customer attrition, and declining market share that may arise in its absence. Safety stock is vital with the advantages it offers: Protection against sudden surges in demand. Prevention of stockouts, ensuring uninterrupted customer service. Compensation for inaccuracies in market forecasts. A buffer for longer-than-expected lead times, averting production delays. Incorporating safety stock as a fundamental inventory management best practice empowers companies to achieve operational supply chain resilience, optimize customer satisfaction, and maintain a competitive edge in the dynamic market landscape. 7. Optimize Inventory Turnover Rates Optimizing inventory turnover rates is a critical metric that frequently measures inventory sold or used within a specific timeframe, typically a year. Calculating turnover rates provides valuable insights into market demand, identifies obsolete stock, and guides inventory management decisions. Inventory turnover can be improved through various strategies, such as experimenting with pricing to attract more customers and boost sales, liquidating obsolete stock to free up capital and storage space, forecasting customer demand accurately to maintain optimal inventory levels, and redistributing inventory among warehouses for better stock availability. By optimizing inventory turnover rates, businesses can reduce carrying costs, minimize stock obsolescence, and enhance overall supply chain efficiency, as well as gaining competitive advantage in the market. “It’s been my observation that the business world has a weak understanding of inventory management and control. They are trained shallowly, and sometimes they apply only shallow experience to their practices. Sometimes, that works out great. In my 30 years of experience, however, I have seen that a lot of money can be saved by training and managing inventory control in-depth.” -Inventory Control Expert Dr. Pyke Final Thoughts Adopting advanced inventory management best practices is crucial for supply chain optimization in the competitive B2B environment. Standardized inventory review systems and streamlined stocktakes optimize control and accuracy, minimizing disruptions. Cloud-based inventory management offers scalability and continuous support, facilitating data-driven decisions. Adequate quality control ensures inventory quality, driving customer loyalty. Well-planned budgets lead to financial clarity and precise resource allocation. Safety stock inventory and optimized turnover rates fortify businesses against uncertainties, boosting efficiency and profitability. By embracing these practices, logistics professionals can enhance supply chain potential, achieve lasting success, and gain a competitive advantage in the market. With a data-focused approach, these strategies pave the way for streamlined operations, stronger customer relationships, and sustained growth.

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Role of Warehouse Management Systems to Drive Productivity & Accuracy

Article | November 11, 2022

Unlock operational efficiency and deliver exceptional customer service with a WMS. Learn how cloud-based WMS improves control, enhances customer service, and prepares businesses to develop & succeed. Contents 1. Importance of Warehouse Management Systems 2. How Warehouse Management Systems Optimize Operations 2.1. Productivity Tracking 2.2. Inventory Control 2.3. Labor Management System 2.4. Slotting 2.5. Batching Logic 3. Essential Warehouse Operations Procedures 3.1. Inbound Logistics Process 3.2. Outbound Logistics Process 5. Conclusion 1. Importance of Warehouse Management Systems A warehouse management system (WMS) is essential for optimizing warehouse operations and delivering exceptional customer service. There are five compelling reasons to consider implementing a WMS. Firstly, it enhances inventory control and management by reducing inventory levels, improving order fulfillment, and increasing accuracy. Secondly, it improves customer service and tracking through improved picking accuracy and automated shipment organization. Thirdly, a WMS boosts company productivity by adding warehouse efficiency and quality control to the fulfillment process. Fourthly, it provides a significant return on investment by improving sales accuracy, reducing errors, providing safe warehouse and simplifying customer support. Lastly, a good WMS integrates seamlessly with existing business management systems and adapts to evolving needs. Additionally, WMS enables businesses to meet compliance regulations through real-time data recording, enhanced business intelligence, and process automation. 2. How Warehouse Management Systems Optimize Operations 2.1. Productivity Tracking Warehouse management systems (WMS) are crucial in optimizing operations by providing comprehensive productivity tracking tools. These systems capture and analyze key performance indicators (KPIs) such as order fulfillment rates, picking accuracy, and labor productivity. Organizations can identify bottlenecks, allocate resources effectively, and implement process improvements by tracking these metrics in real-time and generating insightful reports. With WMS productivity tracking, businesses gain a clear understanding of their operational efficiency and can make data-driven decisions to enhance overall performance. 2.2. Inventory Control Efficient inventory control is essential for logistics warehouse management, and WMS solutions excel in this aspect. WMS provides real-time visibility into inventory levels, locations, and movements. Businesses can accurately track stock levels, monitor expiration dates, and implement automated replenishment warehouse processes. With advanced features like cycle counting and stock level alerts, WMS ensures inventory accuracy and reduces carrying costs. By optimizing inventory control, businesses can avoid stockouts, minimize excess stock, and improve order fulfillment rates, enhancing customer satisfaction. 2.3. Labor Management System WMS incorporates a robust labor management system that enables businesses to allocate and manage their workforce effectively. These systems provide tools for labor planning, task allocation, and performance tracking. WMS optimizes labor allocation by assigning tasks based on employee skills, availability, and workload. By monitoring labor productivity and efficiency, businesses can identify opportunities for improvement and implement training programs to enhance employee performance. With WMS labor management capabilities, organizations optimize labor costs, minimize overtime, and improve overall operational efficiency. 2.4. Slotting Strategic slotting is a critical component of warehouse optimization, and WMS offers advanced slotting capabilities. By analyzing data on product demand, turnover rates, and order frequency, WMS determines the optimal locations for different products within the warehouse. Efficient slotting reduces travel time, minimizes congestion, and streamlines order picking. WMS enables businesses to assign appropriate storage locations based on product size, weight, and velocity. By optimizing slotting strategies, organizations can significantly enhance picking efficiency, reduce errors, and improve overall warehouse productivity. 2.5. Batching Logic Batching logic is a key feature of WMS that enhances order-picking efficiency. WMS intelligently groups multiple orders with similar product requirements, locations, or delivery routes. By consolidating these orders into batches, the system enables batch picking, where a picker can fulfill multiple orders in a single trip through the warehouse. Batching logic reduces travel time, minimizes labor costs, and increases order picking speed. By maximizing picking efficiency, businesses can improve order fulfillment rates, reduce order cycle time, and meet customer expectations effectively. 3. Essential Warehouse Operations Procedures A robust distribution center network serves as the backbone of operations, transforming raw materials into finished products and ensuring their timely delivery to customers. To gain a comprehensive view of logistics network and improve supply chain visibility, it's crucial to understand the distinction between inbound and outbound logistics. 3.1. Inbound Logistics Process Inbound logistics encompasses the services required to bring materials and goods into businesses. This includes transportation, storage, and delivery processes. With the help of warehouse management systems (WMS), purchasing can be streamlined by synchronizing vendor details and inventory control levels. WMS allows efficient receipt scanning and guides warehouse staff to shelve items accurately. It also recommends optimal put-away, slotting, and storage space utilization techniques. Additionally, WMS facilitates reverse logistics by providing real-time information on product availability, enabling timely restocking and preventing stockouts. 3.2. Outbound Logistics Process Outbound logistics focuses on the storage, transportation, and delivery systems that ensures finished products reach their final destination. WMS plays a vital role in this process as well. It enables accurate order picking through barcode or RFID scanners, reducing errors and ensuring the right products are chosen. Warehouse management processes integrated with WMS can automate product packaging, allowing for differentiation across sizes and optimizing packaging channels. Moreover, WMS simplifies printing shipping labels, price tags, logos, and other necessary documentation, eliminating manual data input and reducing human errors. WMS enhances the overall customer experience and minimizes fulfillment errors by ensuring timely delivery and notifying customers. 4. Implementing Cloud Warehouse Management Systems to improve productivity Using a cloud-based warehouse management system offers several advantages for businesses looking to optimize their inventory control and streamline operations in complex distribution environments. Cloud supply chain management solutions provide benefits like multi-warehouse tracking, sales forecasting, and on-time delivery. Here are three key benefits of implementing a cloud WMS: Increased control over business growth: Cloud-based WMS provides real-time visibility into inventory, allowing businesses to manage operations and make informed decisions efficiently. With automatic updates and centralized access, stakeholders can access relevant information anytime, enabling better control over business growth and flexibility to adapt to changing market demands. Improved customer service: A cloud WMS empowers teams to track shipments, update arrival dates, and effectively manage the supply chain. It enables seamless communication and collaboration across the organization, ensuring timely deliveries and enhancing customer satisfaction. Efficiently conveying information leads to better customer service and a competitive edge. Preparedness for upcoming changes: Cloud WMS offers an affordable and scalable warehousing solution. With cloud computing, businesses can easily adjust resources to meet fluctuating demands and seasonal changes. The ‘self-service’ access to WMS applications in the cloud allows for increased agility and quick adaptation to evolving business needs. Unlike traditional self-hosted systems, cloud WMS eliminates the need for upfront hardware investments and provides seamless scalability. 5. Conclusion In the rapidly evolving business landscape, a warehouse management system (WMS) holds immense importance for organizations aiming to optimize their operations. As we look to the future, the role of WMS becomes even more crucial. With advancements in technology and the advent of new platforms, a cloud-based WMS offers unparalleled integration possibilities. By harnessing the power of cloud supply chain planning systems, businesses can gain better control over their inventory and navigate the complexities of modern distribution environments. The benefits are significant: increased control over business growth, improved customer service through real-time tracking, and preparedness for upcoming changes. By embracing cloud, WMS empowers businesses to stay agile, enhance productivity, and drive sustainable success in the dynamic business landscape of the future.

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Top Certifications for Distribution & Warehousing Logistics Professionals

Article | April 26, 2023

Maintain a competitive advantage by effectively managing supply chain. Discover the potential opportunities and enhance the career in logistics with warehousing and distribution certificates. The rapidly changing and fiercely competitive business landscape necessitates that professionals must go an extra mile to maintain a leading edge and propel their careers forward. Taking the initiative to pursue warehousing and logistics certifications can significantly boost your career. By obtaining a recognized designation, you demonstrate a steadfast dedication to your profession, enhancing your appeal to potential employers. Furthermore, earning a respected certification can open doors to advancement opportunities and increase making potential within your current organization. Moreover, pursuing ongoing education offers rewards, keeping you engaged and ensuring you remain at the forefront of industry developments. 1. Supply Chain Warehousing Certificate Supply Chain Warehousing Certificate is a comprehensive program for individuals seeking expertise in warehousing and logistics. Developed by ASCM and Prologis, it covers essential topics such as inventory management, packaging, shipping, and sustainability in logistics. This self-paced course offers flexibility and can be accessed on mobile devices. Earning one of the exclusive warehousing and distribution certifications demonstrates your knowledge and expertise in managing inventory and helps you stand out in the competitive job market. Employers will recognize your ability to handle shipping processes, improve order fulfilment, and make informed transportation decisions. 2. SAP Extended Warehouse Management Training Enhance your expertise in warehousing management with this top-tier online certification course. Gain in-depth knowledge of extended warehouse management, including warehousing structures, expert data, and warehouse organization. This warehousing and distribution course includes techniques for processing received and shipping goods, slotting, replenishment methods, and physical inventory. Delivered through video and text-based modules, it provides comprehensive warehousing and distribution center operations training. In addition, this course will expand your career opportunities and help you excel in the dynamic field of warehousing management. 3. Storage and Distribution Certification Storage and Distribution Certification is a complete course that addresses the critical need for supply chain safety and integrity in today's complex logistics landscape. This supply chain warehousing certificate is focused on distribution and is designed for warehousing, logistics, and supply chain management professionals. The program covers supply chain visibility, risk management, and optimizing physical-flow networks. There are no specific eligibility criteria for this course, making it accessible to a wide range of individuals seeking to enhance their skills and knowledge. By obtaining this one amongst many warehousing certifications in this course , you'll be equipped with the expertise to mitigate supply chain vulnerabilities, improve operational resilience, and meet the evolving demands of the modern marketplace. 4. Certified International Warehouse and Inventory Manager The Certified International Warehouse & Inventory Manager certification offered by Blue Ocean Academy in Dubai and Abu Dhabi provides professionals with comprehensive training in warehouse management. Blue Ocean Academy, recognized as an industry leader in this field, offers the best warehouse and inventory management training courses. The Warehouse Management Certification Program focuses on the strategic role of warehousing within the broader context of supply chain management and logistics. Participants will gain knowledge and skills in the latest methods for storing and safeguarding high-value inventories and best practices for modern warehousing. The program also covers techniques to achieve accurate record-keeping and successful cycle counting, methods for conducting warehouse audits, and the operational and financial performance aspects of warehousing. 5. Warehouse Excellence Certification (WAREX) Developed by the Institute of Supply Chain Management (IoSCM), Warehouse Excellence Certification (WAREX) helps to elevate your warehousing career. This logistics warehousing and distribution program offers a range of qualifications catering to professionals at various stages of their logistics, warehousing, and distribution journeys. WAREX covers a broad spectrum of skills and knowledge, from entry-level to strategic management positions. Whether you're new to the industry or a seasoned professional, this certification equips you with the expertise to optimize warehouse operations, enhance inventory management, and drive overall supply chain efficiency. 6. Six Sigma Certification in Warehousing: Overview & Career Options Six Sigma Certification in warehousing is a specialized program that equips professionals with the tools and methodologies to optimize warehouse operations, eliminate defects, and achieve near-perfect efficiency levels of 99.997%. By applying Six Sigma processes, businesses can identify and solve warehouse problems, resulting in improved customer satisfaction, increased revenue, reduced errors, efficient inventory management, and enhanced overall profitability. With this warehouse certification program, you'll stand out in the job market with higher employability, salary potential, and opportunities with renowned companies like Amazon, Samsung, Boeing, FedEx, DHL, and UPS. 7. Certified International Warehouse & Inventory Manager This certificate in warehousing management is specifically designed to equip professionals with the necessary skills and knowledge to excel in the dynamic world of warehouse operations. This program covers a wide range of essential topics, from strategic warehouse management to inventory optimization and sustainable practices. Participants will learn about warehouse design, storage techniques, materials handling, inventory control, performance measurement, warehouse management systems, risk management, and sustainability. This warehousing and logistics certification is ideal for warehouse managers, logistics professionals, supply chain executives, and individuals seeking to enhance their expertise in warehouse operations. 8. WHSEOPSCERT - Warehouse Operations Certificate The Warehouse Operations Certificate program offers essential training to develop fundamental warehousing skills and gain certifications in material handling equipment. This program is crafted to enhance participants' employability within the warehousing and distribution industries. It covers various topics, including warehouse operations, supply chain fundamentals, order fulfillment, shipping concepts, and lift truck certification training. The courses provide a comprehensive understanding of warehouse functions, inventory management, storage procedures, supply chain principles, and problem-solving strategies. Upon completion, graduates will be equipped for entry-level positions such as Order Puller, Warehouse Technician, Logistics Analyst, and more. 9. JHSC Certification Part Two - Warehousing & Distribution The JHSC Certification Part Two - Warehousing & Distribution is an essential training program designed to equip participants with the knowledge and skills to recognize and control hazards within their warehousing and distribution workplaces. After completing both Part One and Part Two training, this certification is the final step in becoming a certified member of a Joint Health and Safety Committee (JHSC). Aligned with the Ministry of Labour's JHSC Certification Training Program Standard, this interactive 2-day course strengthens participants' understanding of the RACE process (Recognition, Assessment, Control, and Evaluation) for all workplace hazards. Delivered by experienced health and safety experts familiar with the industry, this training covers sector-specific risks such as MSDs, slips and falls, motor vehicle incidents, unguarded machinery, unsafe material handling, and hazardous chemicals. Completing this certification ensures compliance with legal requirements, empowers individuals to make informed decisions regarding workplace safety, and enhances overall hazard management in the warehousing and distribution sector. 10. Warehouse Distribution, Continuing Education Workforce Certificate Warehouse Distribution Continuing Education Workforce Certificate is a comprehensive training program to equip individuals with the necessary skills for higher-skilled, frontline material handling roles within the supply chain industry. Ideal for individuals seeking employment in various supply chain facilities, such as warehouses, distribution centers, and transporters, this program prepares students for different job positions, including forklift operators, logistics specialists, freight handlers, and customer support representatives. By completing this certificate, learners will not only gain essential knowledge in waste reduction, logistics security, and forklift safety, but they will also have the opportunity to obtain the Certified Logistics Associate (CLA) credential from the Manufacturing Skill Standards Council (MSSC) and other relevant certificates. This certification provides a concrete foundation for entry-level careers in the logistics field and offers individuals a competitive edge in the job market. Conclusion Logistics and supply chain management professionals thrive on the exhilarating pace of constant change. Each day brings fresh challenges, opportunities, and innovative tools that enhance tracking, analysis, forecasting, and more. By actively pursuing a logistics or supply chain certification and diligently fulfilling the required continuing education hours, ensure that you remain at the forefront of these exciting industry advancements. This commitment positions you to leverage the latest insights and technologies, allowing you to optimize and streamline your supply chains for maximum efficiency. As a result, you stay ahead of the curve and empower your organization to achieve peak performance and drive continued success. Embrace the transformative power of certifications and embark on a journey of growth and excellence in logistics and supply chain management.

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Warehousing and Distribution

Top 10 Warehouse Automation Tools to Optimize Supply Chain Performance

Article | July 11, 2023

Transform the supply chain with cutting-edge warehouse automation tools. Enhance productivity, minimize costs, and deliver exceptional customer experiences to stay ahead in the competitive market. In the rapidly evolving world of manufacturing, logistics, and supply chain management, adopting automation has become imperative for businesses aiming to maintain a competitive edge. By minimizing costs, enhancing efficiency, and reducing downtime, automation delivers optimal value for manufacturers. However, selecting the right partner can be challenging with numerous warehouse automation companies available. This article explains the features and benefits of top ten warehouse automation tools that offer expertise in improving business operations. These data warehouse tools provide comprehensive solutions to meet diverse needs of the logistics and warehousing companies and improve the supply chain performance. 1. 3PL WMS Software Solution 3PL WMS Software Solution is one of the leading warehouse automation tools for supply chain operations. This software has comprehensive features that automate and streamline warehouse processes, offering unprecedented efficiency. The tool seamlessly integrates with existing systems and provides total transparency and control. 3PL warehouse automation software boosts order throughput, reduces pick time, and automates billing effortlessly. Gain unprecedented insights through accurate, real-time reporting, ensuring inventory accuracy and reducing lost-inventory costs. This warehouse automation tool, designed as the warehouse management backbone, revolutionizes operations, enhances customer satisfaction, and drives exponential growth. 2. Datex 3PL WMS Datex 3PL WMS offers the most innovative warehouse management tools that help implement warehouse automation in the supply chain process for transportation services. This software empowers transportation and logistics services, revolutionizing material handling, storage, trans-loading, cross-docking, and more. It supports diverse industries such as refineries, steel mills, and energy distribution facilities. Its flexibility makes it an optimal solution to handle any inventory type, including bulk materials, steel products, liquids, and hazardous materials. This automated warehouse software also enables multi-warehouse operations and accommodates various modes of transportation. Additionally, Datex 3PL WMS boasts a highly flexible billing system, allowing individualized billing strategies and capturing value-added services. Industry experts benefit from streamlined processes, improved efficiency, and accurate billing, ultimately enhancing their supply chain business and warehouse operations. 3. Deposco Deposco Bright Warehouse is a game-changing warehouse management software solution that offers advanced features and capabilities to businesses of all sizes. This data warehouse tool empowers companies to pick, pack, and ship orders efficiently, optimizing processes to further improve order fulfillment while reducing operational costs. It provides strategic order allocation, workgroup segmentation, and optimized picking strategies, to achieve accurate and speedy order fulfillment. The software offers network-wide inventory visibility through advanced tracking, barcoding, and management capabilities. This solution automates shipping processes by seamlessly integrating with carriers, ensuring maximum accuracy and speed. Leveraging its material handling technology for automation can lead to significant productivity improvements. Businesses can enhance their capabilities by accessing a unified view of operations, utilizing customization options, and benefiting from direct API integration with shipping carriers. 4. Softeon Softeon is a powerful warehouse management tools for supply chain automation. Its comprehensive WMS optimizes distribution operations, handling all essential tasks while offering unique functionality for a competitive edge. With a proven deployment success rate and flexible delivery options in the cloud or on-premise, Softeon empowers businesses to streamline inventory management and delivery processes. By integrating with their Warehouse Execution System (WES), warehouse and distribution companies can further enhance order fulfillment orchestration and optimization. Industry leaders like UPS Supply Chain Solutions and Sears Home Services rely on this warehouse automation software. 5. Logiwa WMS Logiwa WMS offers a cloud fulfillment platform that combines WMS software and order fulfillment capabilities, enabling companies to operate a digital fulfillment network and expand their direct-to-consumer operations without the need for additional staff. The data warehouse management tool offers comprehensive warehouse and inventory management functionality, billing, and seamless integrations with over 200 ecommerce, accounting, and shipping solutions; it empowers 3PL providers to optimize order fulfillment, enhance speed and accuracy, and drive customer satisfaction. 6. SnapFulfill SnapFulfill is one of the leading warehouse management technologies that empower companies across various industries, including B2C and B2B retail, third-party logistics, manufacturing, food and beverage, and electronics, to optimize their inventory, space, and resources. With SnapFulfill's class-leading warehouse management solutions, businesses can streamline operations and enhance efficiency. The software offers flexible deployment options and payment methods for diverse warehousing challenges. By utilizing SnapFulfill, industry experts gain access to advanced data warehouse tools that enable them to improve their supply chain business, enhance warehouse and distribution processes, and achieve optimal inventory management for increased productivity and profitability. 7. Indigo Software Indigo WMS is an award-winning warehouse management system tool designed to enhance supply chain operations. It offers real-time control, visibility, and functionality for all warehouse processes. It is one of the best supply chain tools to track inventory in real-time, enabling efficient cycle counting, forward pick replenishment, and improved inventory forecasting. With Indigo WMS warehouse automation software, these tasks are automated, and the software ensures greater picking accuracy, reduces returns, and enables on-time and complete deliveries. It seamlessly integrates with existing systems, whether from SAP, Microsoft, Oracle, Infor, Sage, or other ERP, TMS, or SCP vendors, providing live and up-to-date data visibility across the entire supply chain process. 8. OrderWise OrderWise is an order management system that empowers businesses in the consumer goods and retail sector to accelerate operations and deliver exceptional customer service. With its integrated features, OrderWise ensures seamless order processing and maximizes sales opportunities. By tracking orders from various sales channels, managing tight schedules, and making real-time adjustments, businesses can meet customer demands promptly. This is one of those supply chain management tools that provides valuable insights into customer purchase history and stock availability, enabling personalized recommendations and enhancing sales effectiveness. Whether for ecommerce, retail, or B2B sales, OrderWise streamlines order operations, making them smoother, faster, and more accurate. 9. Balloon One Balloon One provides supply chain management tools, offering tailored software solutions to distribution, manufacturing, and e-commerce businesses. Its expertise lies in streamlining processes, optimizing resource allocation, and enhancing operational efficiency. With a focus on minimal disruption, Balloon One seamlessly implements software solutions, ensuring uninterrupted business operations. As an impartial advisor, the software offers both SAP Business One and NetSuite, thus allowing to recommend the ideal ERP system for each company's unique requirements. In addition, this software provides wholesale and distribution businesses with the robust HighJump WMS, a real-time warehouse management system that delivers scalability and flexibility. 10. Foxfire Foxfire offers supply chain management tools specializing in Warehouse Management Systems (WMS). It offers WMS solutions, including features to optimize inventory, increase labor productivity, and enhance customer satisfaction. With over 20 years of industry experience, Foxfire has a proven track record of delivering measurable results to customers worldwide. This tool provides a comprehensive approach, including needs assessment, best practice recommendations, training, and ongoing support. Additionally, it is cost-effective by delivering low lifetime costs. Conclusion The warehouse automation market is experiencing significant growth, with a wide array of exceptional warehouse automation tools that offer high-quality solutions. Regardless of any special requirements, exploring the features of each warehouse automation tools is vital to identify the ideal fit for any business. Choosing the correct solution from the data warehouse tools list will help to improve inventory management and distribution efficiency through warehouse automation. Embrace the opportunity to streamline processes by leveraging supply chain management tools and warehouse automation solutions and experience the transformative power of automation to unlock the full potential of your business.

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Software and Technology, Supply Chain

Oracle’s Advice for Modern Supply Chain Chiefs

Article | July 18, 2022

Improve supply chain operations with innovative inventory management best practices. Uncover the techniques for achieving exceptional supply chain performance in the B2B competitive marketplace. Effective inventory management is critical for businesses seeking to optimize their supply chain operations and improve their warehousing & supply chain distribution efficiency. By employing demand optimization techniques, inventory management aims to strike the right balance between meeting current and anticipated future demand while minimizing unnecessary inventory costs. Organizations that maintain optimal inventory levels can mitigate challenges associated with inventory, such as overstocking and stockouts. In supply chain management, inventory optimization is vital, as it directly impacts organization’s ability to thrive. For any enterprise selling products, the effective management of goods is essential. Without adequate stock levels for sales or fulfilling customer orders, revenue generation and overall income can be severely hindered. Inefficient inventory management, leading to stock shortages, can create stumbling blocks for businesses. Conversely, improper stock tracking resulting in excess inventory can strain financial resources. As these issues compound, it further contributes to inventory imbalances, eventually leading to bottom-line losses from expired or redundant stock. According to a recent Statista survey, 40% of the supply chain industry has already adopted advanced technologies to optimize its inventory and using networking tools. The above data signifies the importance of optimizing and managing inventory for improved supply chain performance. Inventory analytics, typically overseen by an inventory manager, offer valuable insights that aid in understanding and enhancing inventory performance. Inventory management best practices help achieve effective inventory optimization, crucial data points encompassing products, suppliers, procurement, purchases, and sales that are meticulously tracked within the inventory management system. These data, in turn, serve as the foundation for formulating inventory metrics aimed at demand optimization. This article explains the techniques to optimize and manage inventory with the inventory management best practices that helps overcoming challenges, addressing procedural considerations, and highlighting the significance of implementing these methods. Additionally, it explores the benefits of adopting solution for improved supply chain distribution network. 1. Implementing Standard Inventory Review Systems To enhance supply chain operations, adopting standard inventory review system is essential, which can significantly contribute to inventory optimization efforts. Two effective methods to review systems include the continuous review system and periodic review system. In the continuous review system, fixed quantities of items are ordered in each cycle, providing a steady and consistent approach to inventory management. On the other hand, the periodic review system involves collecting products at predetermined intervals, considering the inventory levels at that specific moment. Embracing these standardized review systems empowers businesses to streamline inventory processes, maintain optimal stock levels, and improve overall supply chain efficiency. 2. Streamline Stocktake Supply chain operations can be improved by streamlining the stocktaking process, which involves meticulously counting and managing inventory. A well-structured stocktake procedure ensures accuracy and prevents losses by keeping staff engaged and focused. To achieve accuracy and earn profits, businesses must: Schedule stocktakes strategically to minimize disruption in regular business operations. Prioritize cleaning and organizing the stockroom before the stocktake to facilitate efficient counting. Clearly define the item count and the counting methods to eliminate guesswork. Conduct comprehensive stock counts, leaving no room for assumptions. By implementing these measures, businesses can optimize inventory management, identify discrepancies promptly, and maintain precise stock records. The streamlined stocktake process contributes to smoother supply chain operations, reduces inventory-related errors, and enhances overall productivity and profitability. 3. Utilize Cloud-Based Inventory Management System Transitioning from Excel inventory management to a cloud-based inventory management system is critical to enhancing supply chain operations. It is considered one of the most used inventory control best practices. Unlike locally-installed applications, cloud-based software offers numerous advantages, enabling businesses to pay for essential features and effortlessly upgrade as needs evolve. Companies can efficiently manage costs with a predictable subscription fee tailored to feature requirements and team size. Seamless upgrades become hassle-free as business growth justifies a move to a more robust platform, ensuring scalability. Additionally, cloud technology provides continuous support, ensuring smooth operations and quick issue resolution. With a dedicated support team on standby, businesses can focus on optimizing inventory management, managing warehouse automation, and driving overall productivity. Embracing cloud-based inventory management is a business-changing decision that unlocks increased agility, accessibility, and cost-effectiveness for long-term success. 4. Implement Adequate Quality Control Practices Enhancing supply chain operations requires the implementation of robust quality control practices. Accurate quality control processes play a pivotal role in maintaining inventory quality, directly impacting customer satisfaction and business growth. Effective steps include developing comprehensive checklists, outlining stock-taking procedures, followed by standard operating procedures to qualify or disqualify products with effective warehouse management systems. By adhering to these protocols, businesses can prevent issues of overstocking or understocking, ensuring customers receive only appropriate merchandise. Companies can strengthen their reputation, increase operational efficiency, and cultivate lasting customer loyalty through this inventory optimization best practice. The seamless integration of quality control practices into the supply chain fosters a thriving business environment built on excellence and customer-centricity. 5. Preparing Well Planned Inventory Budget A well-structured inventory budget is one of the industry-used inventory management best practices to enhance logistics distribution and supply chain processes. Managers commonly utilize an annual inventory budget, meticulously prepared before procuring inventory. The budget is designed to encompass the total cost of ownership for the upcoming accounting period, encompassing materials cost, fixed operational expenses, transportation and logistics charges, redistribution costs, and other miscellaneous expenses impacting the inventory's total cost of ownership. By crafting a comprehensive inventory budget, businesses gain financial clarity, optimize resource allocation, and ensure efficient inventory management throughout the year. A well-planned budget empowers informed decision-making, minimizing financial risks and driving overall supply chain success. 6. Carrying Safety Stock Inventory Operations in the supply chain require safety stock inventory – a strategically maintained surplus of inventory to protect against market demand and lead time fluctuations. By implementing safety stock, businesses can avoid revenue loss, customer attrition, and declining market share that may arise in its absence. Safety stock is vital with the advantages it offers: Protection against sudden surges in demand. Prevention of stockouts, ensuring uninterrupted customer service. Compensation for inaccuracies in market forecasts. A buffer for longer-than-expected lead times, averting production delays. Incorporating safety stock as a fundamental inventory management best practice empowers companies to achieve operational supply chain resilience, optimize customer satisfaction, and maintain a competitive edge in the dynamic market landscape. 7. Optimize Inventory Turnover Rates Optimizing inventory turnover rates is a critical metric that frequently measures inventory sold or used within a specific timeframe, typically a year. Calculating turnover rates provides valuable insights into market demand, identifies obsolete stock, and guides inventory management decisions. Inventory turnover can be improved through various strategies, such as experimenting with pricing to attract more customers and boost sales, liquidating obsolete stock to free up capital and storage space, forecasting customer demand accurately to maintain optimal inventory levels, and redistributing inventory among warehouses for better stock availability. By optimizing inventory turnover rates, businesses can reduce carrying costs, minimize stock obsolescence, and enhance overall supply chain efficiency, as well as gaining competitive advantage in the market. “It’s been my observation that the business world has a weak understanding of inventory management and control. They are trained shallowly, and sometimes they apply only shallow experience to their practices. Sometimes, that works out great. In my 30 years of experience, however, I have seen that a lot of money can be saved by training and managing inventory control in-depth.” -Inventory Control Expert Dr. Pyke Final Thoughts Adopting advanced inventory management best practices is crucial for supply chain optimization in the competitive B2B environment. Standardized inventory review systems and streamlined stocktakes optimize control and accuracy, minimizing disruptions. Cloud-based inventory management offers scalability and continuous support, facilitating data-driven decisions. Adequate quality control ensures inventory quality, driving customer loyalty. Well-planned budgets lead to financial clarity and precise resource allocation. Safety stock inventory and optimized turnover rates fortify businesses against uncertainties, boosting efficiency and profitability. By embracing these practices, logistics professionals can enhance supply chain potential, achieve lasting success, and gain a competitive advantage in the market. With a data-focused approach, these strategies pave the way for streamlined operations, stronger customer relationships, and sustained growth.

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Supply Chain

4 Ways of Using Advanced Analytics in Supply Chain Management

Article | November 11, 2022

Unlock operational efficiency and deliver exceptional customer service with a WMS. Learn how cloud-based WMS improves control, enhances customer service, and prepares businesses to develop & succeed. Contents 1. Importance of Warehouse Management Systems 2. How Warehouse Management Systems Optimize Operations 2.1. Productivity Tracking 2.2. Inventory Control 2.3. Labor Management System 2.4. Slotting 2.5. Batching Logic 3. Essential Warehouse Operations Procedures 3.1. Inbound Logistics Process 3.2. Outbound Logistics Process 5. Conclusion 1. Importance of Warehouse Management Systems A warehouse management system (WMS) is essential for optimizing warehouse operations and delivering exceptional customer service. There are five compelling reasons to consider implementing a WMS. Firstly, it enhances inventory control and management by reducing inventory levels, improving order fulfillment, and increasing accuracy. Secondly, it improves customer service and tracking through improved picking accuracy and automated shipment organization. Thirdly, a WMS boosts company productivity by adding warehouse efficiency and quality control to the fulfillment process. Fourthly, it provides a significant return on investment by improving sales accuracy, reducing errors, providing safe warehouse and simplifying customer support. Lastly, a good WMS integrates seamlessly with existing business management systems and adapts to evolving needs. Additionally, WMS enables businesses to meet compliance regulations through real-time data recording, enhanced business intelligence, and process automation. 2. How Warehouse Management Systems Optimize Operations 2.1. Productivity Tracking Warehouse management systems (WMS) are crucial in optimizing operations by providing comprehensive productivity tracking tools. These systems capture and analyze key performance indicators (KPIs) such as order fulfillment rates, picking accuracy, and labor productivity. Organizations can identify bottlenecks, allocate resources effectively, and implement process improvements by tracking these metrics in real-time and generating insightful reports. With WMS productivity tracking, businesses gain a clear understanding of their operational efficiency and can make data-driven decisions to enhance overall performance. 2.2. Inventory Control Efficient inventory control is essential for logistics warehouse management, and WMS solutions excel in this aspect. WMS provides real-time visibility into inventory levels, locations, and movements. Businesses can accurately track stock levels, monitor expiration dates, and implement automated replenishment warehouse processes. With advanced features like cycle counting and stock level alerts, WMS ensures inventory accuracy and reduces carrying costs. By optimizing inventory control, businesses can avoid stockouts, minimize excess stock, and improve order fulfillment rates, enhancing customer satisfaction. 2.3. Labor Management System WMS incorporates a robust labor management system that enables businesses to allocate and manage their workforce effectively. These systems provide tools for labor planning, task allocation, and performance tracking. WMS optimizes labor allocation by assigning tasks based on employee skills, availability, and workload. By monitoring labor productivity and efficiency, businesses can identify opportunities for improvement and implement training programs to enhance employee performance. With WMS labor management capabilities, organizations optimize labor costs, minimize overtime, and improve overall operational efficiency. 2.4. Slotting Strategic slotting is a critical component of warehouse optimization, and WMS offers advanced slotting capabilities. By analyzing data on product demand, turnover rates, and order frequency, WMS determines the optimal locations for different products within the warehouse. Efficient slotting reduces travel time, minimizes congestion, and streamlines order picking. WMS enables businesses to assign appropriate storage locations based on product size, weight, and velocity. By optimizing slotting strategies, organizations can significantly enhance picking efficiency, reduce errors, and improve overall warehouse productivity. 2.5. Batching Logic Batching logic is a key feature of WMS that enhances order-picking efficiency. WMS intelligently groups multiple orders with similar product requirements, locations, or delivery routes. By consolidating these orders into batches, the system enables batch picking, where a picker can fulfill multiple orders in a single trip through the warehouse. Batching logic reduces travel time, minimizes labor costs, and increases order picking speed. By maximizing picking efficiency, businesses can improve order fulfillment rates, reduce order cycle time, and meet customer expectations effectively. 3. Essential Warehouse Operations Procedures A robust distribution center network serves as the backbone of operations, transforming raw materials into finished products and ensuring their timely delivery to customers. To gain a comprehensive view of logistics network and improve supply chain visibility, it's crucial to understand the distinction between inbound and outbound logistics. 3.1. Inbound Logistics Process Inbound logistics encompasses the services required to bring materials and goods into businesses. This includes transportation, storage, and delivery processes. With the help of warehouse management systems (WMS), purchasing can be streamlined by synchronizing vendor details and inventory control levels. WMS allows efficient receipt scanning and guides warehouse staff to shelve items accurately. It also recommends optimal put-away, slotting, and storage space utilization techniques. Additionally, WMS facilitates reverse logistics by providing real-time information on product availability, enabling timely restocking and preventing stockouts. 3.2. Outbound Logistics Process Outbound logistics focuses on the storage, transportation, and delivery systems that ensures finished products reach their final destination. WMS plays a vital role in this process as well. It enables accurate order picking through barcode or RFID scanners, reducing errors and ensuring the right products are chosen. Warehouse management processes integrated with WMS can automate product packaging, allowing for differentiation across sizes and optimizing packaging channels. Moreover, WMS simplifies printing shipping labels, price tags, logos, and other necessary documentation, eliminating manual data input and reducing human errors. WMS enhances the overall customer experience and minimizes fulfillment errors by ensuring timely delivery and notifying customers. 4. Implementing Cloud Warehouse Management Systems to improve productivity Using a cloud-based warehouse management system offers several advantages for businesses looking to optimize their inventory control and streamline operations in complex distribution environments. Cloud supply chain management solutions provide benefits like multi-warehouse tracking, sales forecasting, and on-time delivery. Here are three key benefits of implementing a cloud WMS: Increased control over business growth: Cloud-based WMS provides real-time visibility into inventory, allowing businesses to manage operations and make informed decisions efficiently. With automatic updates and centralized access, stakeholders can access relevant information anytime, enabling better control over business growth and flexibility to adapt to changing market demands. Improved customer service: A cloud WMS empowers teams to track shipments, update arrival dates, and effectively manage the supply chain. It enables seamless communication and collaboration across the organization, ensuring timely deliveries and enhancing customer satisfaction. Efficiently conveying information leads to better customer service and a competitive edge. Preparedness for upcoming changes: Cloud WMS offers an affordable and scalable warehousing solution. With cloud computing, businesses can easily adjust resources to meet fluctuating demands and seasonal changes. The ‘self-service’ access to WMS applications in the cloud allows for increased agility and quick adaptation to evolving business needs. Unlike traditional self-hosted systems, cloud WMS eliminates the need for upfront hardware investments and provides seamless scalability. 5. Conclusion In the rapidly evolving business landscape, a warehouse management system (WMS) holds immense importance for organizations aiming to optimize their operations. As we look to the future, the role of WMS becomes even more crucial. With advancements in technology and the advent of new platforms, a cloud-based WMS offers unparalleled integration possibilities. By harnessing the power of cloud supply chain planning systems, businesses can gain better control over their inventory and navigate the complexities of modern distribution environments. The benefits are significant: increased control over business growth, improved customer service through real-time tracking, and preparedness for upcoming changes. By embracing cloud, WMS empowers businesses to stay agile, enhance productivity, and drive sustainable success in the dynamic business landscape of the future.

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Supply Chain

How to Maximize Efficiency with Supply Chain Planning Systems?

Article | April 26, 2023

Maintain a competitive advantage by effectively managing supply chain. Discover the potential opportunities and enhance the career in logistics with warehousing and distribution certificates. The rapidly changing and fiercely competitive business landscape necessitates that professionals must go an extra mile to maintain a leading edge and propel their careers forward. Taking the initiative to pursue warehousing and logistics certifications can significantly boost your career. By obtaining a recognized designation, you demonstrate a steadfast dedication to your profession, enhancing your appeal to potential employers. Furthermore, earning a respected certification can open doors to advancement opportunities and increase making potential within your current organization. Moreover, pursuing ongoing education offers rewards, keeping you engaged and ensuring you remain at the forefront of industry developments. 1. Supply Chain Warehousing Certificate Supply Chain Warehousing Certificate is a comprehensive program for individuals seeking expertise in warehousing and logistics. Developed by ASCM and Prologis, it covers essential topics such as inventory management, packaging, shipping, and sustainability in logistics. This self-paced course offers flexibility and can be accessed on mobile devices. Earning one of the exclusive warehousing and distribution certifications demonstrates your knowledge and expertise in managing inventory and helps you stand out in the competitive job market. Employers will recognize your ability to handle shipping processes, improve order fulfilment, and make informed transportation decisions. 2. SAP Extended Warehouse Management Training Enhance your expertise in warehousing management with this top-tier online certification course. Gain in-depth knowledge of extended warehouse management, including warehousing structures, expert data, and warehouse organization. This warehousing and distribution course includes techniques for processing received and shipping goods, slotting, replenishment methods, and physical inventory. Delivered through video and text-based modules, it provides comprehensive warehousing and distribution center operations training. In addition, this course will expand your career opportunities and help you excel in the dynamic field of warehousing management. 3. Storage and Distribution Certification Storage and Distribution Certification is a complete course that addresses the critical need for supply chain safety and integrity in today's complex logistics landscape. This supply chain warehousing certificate is focused on distribution and is designed for warehousing, logistics, and supply chain management professionals. The program covers supply chain visibility, risk management, and optimizing physical-flow networks. There are no specific eligibility criteria for this course, making it accessible to a wide range of individuals seeking to enhance their skills and knowledge. By obtaining this one amongst many warehousing certifications in this course , you'll be equipped with the expertise to mitigate supply chain vulnerabilities, improve operational resilience, and meet the evolving demands of the modern marketplace. 4. Certified International Warehouse and Inventory Manager The Certified International Warehouse & Inventory Manager certification offered by Blue Ocean Academy in Dubai and Abu Dhabi provides professionals with comprehensive training in warehouse management. Blue Ocean Academy, recognized as an industry leader in this field, offers the best warehouse and inventory management training courses. The Warehouse Management Certification Program focuses on the strategic role of warehousing within the broader context of supply chain management and logistics. Participants will gain knowledge and skills in the latest methods for storing and safeguarding high-value inventories and best practices for modern warehousing. The program also covers techniques to achieve accurate record-keeping and successful cycle counting, methods for conducting warehouse audits, and the operational and financial performance aspects of warehousing. 5. Warehouse Excellence Certification (WAREX) Developed by the Institute of Supply Chain Management (IoSCM), Warehouse Excellence Certification (WAREX) helps to elevate your warehousing career. This logistics warehousing and distribution program offers a range of qualifications catering to professionals at various stages of their logistics, warehousing, and distribution journeys. WAREX covers a broad spectrum of skills and knowledge, from entry-level to strategic management positions. Whether you're new to the industry or a seasoned professional, this certification equips you with the expertise to optimize warehouse operations, enhance inventory management, and drive overall supply chain efficiency. 6. Six Sigma Certification in Warehousing: Overview & Career Options Six Sigma Certification in warehousing is a specialized program that equips professionals with the tools and methodologies to optimize warehouse operations, eliminate defects, and achieve near-perfect efficiency levels of 99.997%. By applying Six Sigma processes, businesses can identify and solve warehouse problems, resulting in improved customer satisfaction, increased revenue, reduced errors, efficient inventory management, and enhanced overall profitability. With this warehouse certification program, you'll stand out in the job market with higher employability, salary potential, and opportunities with renowned companies like Amazon, Samsung, Boeing, FedEx, DHL, and UPS. 7. Certified International Warehouse & Inventory Manager This certificate in warehousing management is specifically designed to equip professionals with the necessary skills and knowledge to excel in the dynamic world of warehouse operations. This program covers a wide range of essential topics, from strategic warehouse management to inventory optimization and sustainable practices. Participants will learn about warehouse design, storage techniques, materials handling, inventory control, performance measurement, warehouse management systems, risk management, and sustainability. This warehousing and logistics certification is ideal for warehouse managers, logistics professionals, supply chain executives, and individuals seeking to enhance their expertise in warehouse operations. 8. WHSEOPSCERT - Warehouse Operations Certificate The Warehouse Operations Certificate program offers essential training to develop fundamental warehousing skills and gain certifications in material handling equipment. This program is crafted to enhance participants' employability within the warehousing and distribution industries. It covers various topics, including warehouse operations, supply chain fundamentals, order fulfillment, shipping concepts, and lift truck certification training. The courses provide a comprehensive understanding of warehouse functions, inventory management, storage procedures, supply chain principles, and problem-solving strategies. Upon completion, graduates will be equipped for entry-level positions such as Order Puller, Warehouse Technician, Logistics Analyst, and more. 9. JHSC Certification Part Two - Warehousing & Distribution The JHSC Certification Part Two - Warehousing & Distribution is an essential training program designed to equip participants with the knowledge and skills to recognize and control hazards within their warehousing and distribution workplaces. After completing both Part One and Part Two training, this certification is the final step in becoming a certified member of a Joint Health and Safety Committee (JHSC). Aligned with the Ministry of Labour's JHSC Certification Training Program Standard, this interactive 2-day course strengthens participants' understanding of the RACE process (Recognition, Assessment, Control, and Evaluation) for all workplace hazards. Delivered by experienced health and safety experts familiar with the industry, this training covers sector-specific risks such as MSDs, slips and falls, motor vehicle incidents, unguarded machinery, unsafe material handling, and hazardous chemicals. Completing this certification ensures compliance with legal requirements, empowers individuals to make informed decisions regarding workplace safety, and enhances overall hazard management in the warehousing and distribution sector. 10. Warehouse Distribution, Continuing Education Workforce Certificate Warehouse Distribution Continuing Education Workforce Certificate is a comprehensive training program to equip individuals with the necessary skills for higher-skilled, frontline material handling roles within the supply chain industry. Ideal for individuals seeking employment in various supply chain facilities, such as warehouses, distribution centers, and transporters, this program prepares students for different job positions, including forklift operators, logistics specialists, freight handlers, and customer support representatives. By completing this certificate, learners will not only gain essential knowledge in waste reduction, logistics security, and forklift safety, but they will also have the opportunity to obtain the Certified Logistics Associate (CLA) credential from the Manufacturing Skill Standards Council (MSSC) and other relevant certificates. This certification provides a concrete foundation for entry-level careers in the logistics field and offers individuals a competitive edge in the job market. Conclusion Logistics and supply chain management professionals thrive on the exhilarating pace of constant change. Each day brings fresh challenges, opportunities, and innovative tools that enhance tracking, analysis, forecasting, and more. By actively pursuing a logistics or supply chain certification and diligently fulfilling the required continuing education hours, ensure that you remain at the forefront of these exciting industry advancements. This commitment positions you to leverage the latest insights and technologies, allowing you to optimize and streamline your supply chains for maximum efficiency. As a result, you stay ahead of the curve and empower your organization to achieve peak performance and drive continued success. Embrace the transformative power of certifications and embark on a journey of growth and excellence in logistics and supply chain management.

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Warehousing and Distribution

Top 10 Warehouse Automation Tools to Optimize Supply Chain Performance

Article | July 11, 2023

Transform the supply chain with cutting-edge warehouse automation tools. Enhance productivity, minimize costs, and deliver exceptional customer experiences to stay ahead in the competitive market. In the rapidly evolving world of manufacturing, logistics, and supply chain management, adopting automation has become imperative for businesses aiming to maintain a competitive edge. By minimizing costs, enhancing efficiency, and reducing downtime, automation delivers optimal value for manufacturers. However, selecting the right partner can be challenging with numerous warehouse automation companies available. This article explains the features and benefits of top ten warehouse automation tools that offer expertise in improving business operations. These data warehouse tools provide comprehensive solutions to meet diverse needs of the logistics and warehousing companies and improve the supply chain performance. 1. 3PL WMS Software Solution 3PL WMS Software Solution is one of the leading warehouse automation tools for supply chain operations. This software has comprehensive features that automate and streamline warehouse processes, offering unprecedented efficiency. The tool seamlessly integrates with existing systems and provides total transparency and control. 3PL warehouse automation software boosts order throughput, reduces pick time, and automates billing effortlessly. Gain unprecedented insights through accurate, real-time reporting, ensuring inventory accuracy and reducing lost-inventory costs. This warehouse automation tool, designed as the warehouse management backbone, revolutionizes operations, enhances customer satisfaction, and drives exponential growth. 2. Datex 3PL WMS Datex 3PL WMS offers the most innovative warehouse management tools that help implement warehouse automation in the supply chain process for transportation services. This software empowers transportation and logistics services, revolutionizing material handling, storage, trans-loading, cross-docking, and more. It supports diverse industries such as refineries, steel mills, and energy distribution facilities. Its flexibility makes it an optimal solution to handle any inventory type, including bulk materials, steel products, liquids, and hazardous materials. This automated warehouse software also enables multi-warehouse operations and accommodates various modes of transportation. Additionally, Datex 3PL WMS boasts a highly flexible billing system, allowing individualized billing strategies and capturing value-added services. Industry experts benefit from streamlined processes, improved efficiency, and accurate billing, ultimately enhancing their supply chain business and warehouse operations. 3. Deposco Deposco Bright Warehouse is a game-changing warehouse management software solution that offers advanced features and capabilities to businesses of all sizes. This data warehouse tool empowers companies to pick, pack, and ship orders efficiently, optimizing processes to further improve order fulfillment while reducing operational costs. It provides strategic order allocation, workgroup segmentation, and optimized picking strategies, to achieve accurate and speedy order fulfillment. The software offers network-wide inventory visibility through advanced tracking, barcoding, and management capabilities. This solution automates shipping processes by seamlessly integrating with carriers, ensuring maximum accuracy and speed. Leveraging its material handling technology for automation can lead to significant productivity improvements. Businesses can enhance their capabilities by accessing a unified view of operations, utilizing customization options, and benefiting from direct API integration with shipping carriers. 4. Softeon Softeon is a powerful warehouse management tools for supply chain automation. Its comprehensive WMS optimizes distribution operations, handling all essential tasks while offering unique functionality for a competitive edge. With a proven deployment success rate and flexible delivery options in the cloud or on-premise, Softeon empowers businesses to streamline inventory management and delivery processes. By integrating with their Warehouse Execution System (WES), warehouse and distribution companies can further enhance order fulfillment orchestration and optimization. Industry leaders like UPS Supply Chain Solutions and Sears Home Services rely on this warehouse automation software. 5. Logiwa WMS Logiwa WMS offers a cloud fulfillment platform that combines WMS software and order fulfillment capabilities, enabling companies to operate a digital fulfillment network and expand their direct-to-consumer operations without the need for additional staff. The data warehouse management tool offers comprehensive warehouse and inventory management functionality, billing, and seamless integrations with over 200 ecommerce, accounting, and shipping solutions; it empowers 3PL providers to optimize order fulfillment, enhance speed and accuracy, and drive customer satisfaction. 6. SnapFulfill SnapFulfill is one of the leading warehouse management technologies that empower companies across various industries, including B2C and B2B retail, third-party logistics, manufacturing, food and beverage, and electronics, to optimize their inventory, space, and resources. With SnapFulfill's class-leading warehouse management solutions, businesses can streamline operations and enhance efficiency. The software offers flexible deployment options and payment methods for diverse warehousing challenges. By utilizing SnapFulfill, industry experts gain access to advanced data warehouse tools that enable them to improve their supply chain business, enhance warehouse and distribution processes, and achieve optimal inventory management for increased productivity and profitability. 7. Indigo Software Indigo WMS is an award-winning warehouse management system tool designed to enhance supply chain operations. It offers real-time control, visibility, and functionality for all warehouse processes. It is one of the best supply chain tools to track inventory in real-time, enabling efficient cycle counting, forward pick replenishment, and improved inventory forecasting. With Indigo WMS warehouse automation software, these tasks are automated, and the software ensures greater picking accuracy, reduces returns, and enables on-time and complete deliveries. It seamlessly integrates with existing systems, whether from SAP, Microsoft, Oracle, Infor, Sage, or other ERP, TMS, or SCP vendors, providing live and up-to-date data visibility across the entire supply chain process. 8. OrderWise OrderWise is an order management system that empowers businesses in the consumer goods and retail sector to accelerate operations and deliver exceptional customer service. With its integrated features, OrderWise ensures seamless order processing and maximizes sales opportunities. By tracking orders from various sales channels, managing tight schedules, and making real-time adjustments, businesses can meet customer demands promptly. This is one of those supply chain management tools that provides valuable insights into customer purchase history and stock availability, enabling personalized recommendations and enhancing sales effectiveness. Whether for ecommerce, retail, or B2B sales, OrderWise streamlines order operations, making them smoother, faster, and more accurate. 9. Balloon One Balloon One provides supply chain management tools, offering tailored software solutions to distribution, manufacturing, and e-commerce businesses. Its expertise lies in streamlining processes, optimizing resource allocation, and enhancing operational efficiency. With a focus on minimal disruption, Balloon One seamlessly implements software solutions, ensuring uninterrupted business operations. As an impartial advisor, the software offers both SAP Business One and NetSuite, thus allowing to recommend the ideal ERP system for each company's unique requirements. In addition, this software provides wholesale and distribution businesses with the robust HighJump WMS, a real-time warehouse management system that delivers scalability and flexibility. 10. Foxfire Foxfire offers supply chain management tools specializing in Warehouse Management Systems (WMS). It offers WMS solutions, including features to optimize inventory, increase labor productivity, and enhance customer satisfaction. With over 20 years of industry experience, Foxfire has a proven track record of delivering measurable results to customers worldwide. This tool provides a comprehensive approach, including needs assessment, best practice recommendations, training, and ongoing support. Additionally, it is cost-effective by delivering low lifetime costs. Conclusion The warehouse automation market is experiencing significant growth, with a wide array of exceptional warehouse automation tools that offer high-quality solutions. Regardless of any special requirements, exploring the features of each warehouse automation tools is vital to identify the ideal fit for any business. Choosing the correct solution from the data warehouse tools list will help to improve inventory management and distribution efficiency through warehouse automation. Embrace the opportunity to streamline processes by leveraging supply chain management tools and warehouse automation solutions and experience the transformative power of automation to unlock the full potential of your business.

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Dematic

Dematic is a global leader providing a comprehensive range of intelligent intralogistics and materials handling solutions. With a global knowledge network of more than 4300 highly skilled logistics professionals, Dematic is able to provide its customers a unique perspective in world class materials handling solution design.

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Supply Chain

Cleo Enhances Ecosystem Integration Platform to Optimize Supply Chain Execution

Cleo | September 27, 2023

Cleo, the pioneer and global leader of the Ecosystem Integration software category and provider of the Cleo Integration Cloud (CIC) platform, today announced availability of multiple new platform innovations designed to help organizations optimize supply chain execution through improved control, automation, and visibility of integrations between their ecosystem and their back-office systems. Cleo President and CEO Mahesh Rajasekharan said, “We’re charting a clear path to frictionless, intelligence-driven ecosystem integration, which will be a cornerstone of our customers’ ability to optimize supply chain execution. CIC 2023 will empower organizations with the insights they need to make better decisions and improve their ecosystem relationships. Our promise to our customers and the market is simple and straightforward: We will continue to push the innovation envelope, with the goal of providing more control to supply chain executives through real-time visibility, automation, AI, and orchestration solutions.” Cleo’s CIC 2023 platform is the company’s most powerful platform release to date and includes multiple enhancements and new functionality to support the design, operation, and management of these ecosystem integrations, including: Improved integration design and deployment capabilities for increased velocity in time to value Enhancements to all Accelerators, which are pre-built, out-of-the-box Order-to-Cash, Procure-to-Pay, Grocery, and Warehousing integrations for automating X12 EDI transactions between a company’s trading partner ecosystem straight into core business applications like Microsoft Dynamics 365 SCM and BC, Oracle NetSuite, SAP S/4HANA Cloud, Shopify, and Amazon Seller Central among others. Ease-of-use updates to several connectors including eBay, Shopify, and Amazon to rapidly build ecosystem integrations. Portfolio expansion for infrastructure and business connectivity with new and enhanced connectors including Amazon, Shopify, Microsoft SharePoint, Google Cloud Storage, and RosettaNet Implementation Framework (RNIF). Increased visibility and control to improve supply chain operations Launched a workload prioritization solution that allows organizations to put business priority first through granular control over business-critical and time-sensitive transactions (by document type or trading partner) that ensure key customer commitments are never missed. Enabled stronger, more informed, and more confident decision-making through flexibly customizable reporting timeframes which promote tighter alignment between reporting needs and business operations Released advanced message search capability to discover messages faster. Enables operations to improve customer experience during troubleshooting and monitoring of ecosystem transactions. Enhanced exception management for faster issue handling and prevention More robust certificate management that translates to proactive measures to ensure seamless business continuity with key generation, certificate generation, and rollover Advanced troubleshooting and granular drill-down capabilities enabling operations teams to reduce error resolution time by up to 20% -- resulting in improved ecosystem relationships. Deeper automation and improved configurability allow integration operations personas to ensure timely delivery of transactions through automatic retries & concurrent sends of errored processes Reimaged integration development experience and usability provides a fresh approach for developers Refreshed user interface of the platform integration development environment, allowing a streamlined experience for self-service API and EDI integration. Redesigned business process development experience streamlines updating and orchestrating of integrations, allowing organizations to quickly implement new integrations and make changes as their business evolves. Extensible integration logic with a full range of custom actions that empowers users to drive efficiency through comprehensive local commands executed at the orchestration level Optimizing supply chain execution requires breaking down functional silos, automating critical, time-sensitive business processes, increasing visibility and insights to make better decisions, and providing every organizational persona with control they need to complete day-to-day operations. The key lies in deploying end-to-end ecosystem integrations that bring together different components of a supply chain into a cohesive and seamless digital backbone. CIC, long recognized as one of the industry’s most powerful cloud integration solutions, is currently used by more than 4,200 logistics, manufacturing, distribution and retail companies throughout the world. About Cleo Integration Cloud Cleo Integration Cloud (CIC) is a cloud-based integration platform, purpose-built to design, build, operate, and optimize critical ecosystem integration processes. The CIC platform brings end-to-end integration visibility across API, MFT, EDI, and non-EDI integrations, giving technical and business users the confidence to rapidly onboard trading partners, enable integration between applications, and accelerate revenue-generating business processes. On the platform, businesses have the choice of self-service, managed services, or a blended approach – ensuring complete flexibility and control over their B2B integration strategy. About Cleo Cleo is an ecosystem integration software company focused on business outcomes, ensuring each customer’s potential is realized by delivering solutions that make it easy to discover and create value through the movement and integration of B2B enterprise data. Cleo gives customers strategic, “outside-in” visibility into the critical end-to-end business flows happening across their ecosystems of partners and customers, marketplaces, and internal cloud and on-premise applications. Our solutions empower teams to drive business agility, accelerate onboarding, facilitate the modernization of key business processes, and capture new revenue streams by reimagining and remastering their digital ecosystem through robust application, B2B, and data integration technologies.

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Supply Chain

Ryder Named a Top 10 3PL in 2023 Readers�� Choice Excellence Awards by Inbound Logistics

Ryder System, Inc | September 27, 2023

Ryder System, Inc., a leader in supply chain, dedicated transportation, and fleet management solutions, announces it is named among the Top 10 3PLs in the 2023 Readers’ Choice Excellence Awards by Inbound Logistics for the second consecutive year. Considering nearly 12,500 votes cast by supply chain decision-makers from some of the world’s best-known brands, the Inbound Logistics audience shortlists the top ten 3PLs they trust most to solve supply chain challenges. “World-class 3PLs offer innovative and efficient ways to wring every ounce of productivity from enterprise operations,” says Felecia Stratton, editor of Inbound Logistics. “We’re pleased to recognize Ryder for making the investment in the solutions and expertise that empowered logistics, supply chain, and transportation excellence for customers in 2023.” To fully optimize supply chain and transportation networks, Ryder continues to build on $1.3 billion in strategic investments it has made over the past five years to develop, acquire, and invest in innovative customer-facing technologies, products, and services. In August, the company announced the establishment of Baton, A Ryder Technology Lab based out of Silicon Valley. Led by some of the brightest minds from the world’s most respected tech firms and learning institutions, the lab’s first mission is to create a first-of-its-kind, AI-powered digital platform and optimization engine that facilitates a new, integrated approach to managing transportation networks for customers where seasonality and fluctuating demand inhibit the continuous use of resources. In July, Ryder rolled out Torque by Ryder™, a first-of-its-kind retail mobile maintenance service that fleet owners can access via desktop, smartphone, or tablet to schedule, receive, track, and pay for mobile maintenance solutions at their place of business – all without a contract. And, in May, Ryder announced RyderElectric+™, a turnkey solution to help customers navigate the electric vehicle landscape, inclusive of developing a transition roadmap with electrification advisors, vehicles, charging, telematics, and maintenance. In addition, Ryder announced plans to introduce up to 4,000 BrightDrop electric vans to its lease and rental fleet through 2025. “By strategically investing in and piloting new technologies, Ryder is uniquely positioned to ensure our customers have access to the innovations that will keep their supply chain and transportation networks ahead of the curve in an ever-evolving environment – and, just as importantly, access to implementation expertise as well as data scientists to turn analytics into actionable insights,” says Karen Jones, chief marketing officer and head of new product innovation for Ryder. “We strive each and every day to ensure our customers can deliver on their promises to their customers, so to be recognized for that in such a prestigious way is priceless.” As a fully integrated port-to-door transportation and supply chain logistics provider, Ryder provides supply chain, dedicated transportation, and fleet management solutions to some of the world’s most recognizable brands representing more than 20 industries. By combining cutting-edge technology and business intelligence tools with nearly 90 years of operational know-how, Ryder custom-engineers solutions around its customers’ operations rather than trying to fit them into a one-size-fits-all formula. About Ryder System, Inc. Ryder System, Inc. (NYSE: R) is a leading logistics and transportation company. It provides supply chain, dedicated transportation, and fleet management solutions, including warehousing and distribution, e-commerce fulfillment, last-mile delivery, managed transportation, professional drivers, freight brokerage, full-service leasing, maintenance, commercial truck rental, and used vehicle sales to some of the world’s most-recognized brands. Ryder provides services throughout the United States, Mexico, and Canada. In addition, Ryder manages nearly 260,000 commercial vehicles and operates approximately 300 warehouses encompassing more than 95 million square feet. Ryder is regularly recognized for its industry-leading practices in third-party logistics, technology-driven innovations, commercial vehicle maintenance, environmental stewardship, corporate social responsibility, world-class safety and security programs, military veteran recruitment initiatives, and the hiring of a diverse workforce. About Inbound Logistics Inbound Logistics, the demand-driven logistics magazine, is the leading multi-channel content provider targeted toward business logistics and supply chain managers. Inbound Logistics’ mission is to provide the information and solutions enabling companies of all sizes to become demand-driven enterprises by speeding and reducing inventory and supporting infrastructure, and better matching demand signals to supply.

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Supply Chain

Uber Freight doubles down on enterprise technology, unveils next generation product roadmap with AI-powered logistics

Uber Freight | September 29, 2023

Today, during the company's annual customer conference that hosts nearly 300 of the world's largest shippers, Uber Freight announced the most comprehensive evolution of its logistics technologies designed to power the global movement of goods. The news comes nearly two years after the $2.25B acquisition of the market's largest transportation management company Transplace, which partners directly with shippers to manage their logistics networks. Now, with $18B freight under management, the company is releasing for the first time a next generation of products that infuse Uber's advanced technology development capabilities, including AI-powered software. The strategic expansion of the business enabled Uber Freight to build a new kind of logistics company, one uniquely able to offer the kinds of comprehensive, end-to-end enterprise applications and services for the industry in an increasingly complex logistics landscape. "The past couple of years have been transformative for our business, driving significant amounts of resources into delivering the next generation of technologies designed to power the global movement of goods," said Lior Ron, Founder and CEO of Uber Freight. "The focus on developing new enterprise solutions underpins our commitment to our strategic customer base and the industry at large as we drive to be the most comprehensive partner to advance logistics networks." Uber Freight has made a deep investment in technology, with $120M invested since the acquisition that is focused heavily on scaling enterprise applications that span logistics software solutions, generative AI and data-enabled insights tools, as well as innovative capacity and mode expansions. Reimagining logistics management with advanced software Uber Freight is rolling out the most comprehensive update of the widely-used Uber Freight TMS since it was first launched by Transplace in 2005. The Uber Freight TMS is the all-in-one solution for planning, executing, and monitoring complex logistics operations across modes and regions, bringing shippers the time-tested expertise, Uber-grade technology, and high-quality service they need to drive their intelligent logistics forward. Initial upgrades focus on delivering a new standard of visibility, foresight, and control, "Uberizing" modules to promote ease of use and actionable data—all while expanding global, end-to-end shipment visibility across modes including rail, ocean, and air. "When you have a supply chain that's expansive and complex as ours, cutting-edge technology isn't a nice-to-have—it's essential," said Randy Cooper, Director of Transportation at Del Monte Foods. "Our partnership with Uber Freight's managed transportation and innovative technology has become our secret sauce as we serve our customers." Uber Freight is deepening its investment in software solutions with the launch of Uber Freight Exchange, a powerful new tool designed to meet the evolving needs of shippers and carriers by expediting freight procurement cycles and powering rapid shipment execution. Uber Freight Exchange is a neutral platform open to all shippers and carriers—a shipper can utilize Uber Freight Exchange to run auctions with their own carriers, in addition to Uber Freight's network of 100,000 carriers across the US. With integrated communication, simple bid functionality, and historical performance reporting, it enhances operational efficiency, fosters partnerships, and safeguards lane coverage risks in any market conditions. Bringing the power of generative AI and machine learning to enterprise shippers Uber Freight is unveiling Insights AI, a powerful generative-AI-powered insights tool that will transform decision making in logistics and support transportation teams from granular, tactical views to more complex, strategic analyses. Insights AI will leverage LLMs to generate and surface insights from Uber Freight's vast store of transportation data for customers. Uber Freight is also leading the industry in the creation and application of AI and machine learning to drive network optimization and service improvements at scale with several new models rolled out recently, including a sophisticated ETA model, which, when combined with Uber Freight's Probability of Late Arrival (PLA) model, helps to drive automated 'self-healing' workflows to improve shipper service. Expanding dynamic capacity and freight modes, across regions Uber Freight has strategically grown the footprint of the Powerloop program to meet surging client demand for drop and hook and dedicated capacity solutions. The program has expanded operational scope from localized freight within Texas, California and Georgia, to regional and over the road freight stretching across several new states including Arizona, Utah, New Jersey, New York, Arkansas, Minnesota, Wisconsin, Illinois, Indiana, Ohio, Tennessee, Pennsylvania, Virginia, North Carolina, South Carolina, Florida, and Kentucky. Uber Freight continues to gain ground as the most extensive autonomous freight network in North America with active partnerships with the leading developers and dozens of shippers moving autonomous loads on the network daily. In September, the company achieved a milestone of 100k autonomous miles driven with AV carriers on the network. Uber Freight has expanded support across the North American cross-border supply chain. To meet a 20% increase in production from across the customer base, the company now has six cross-border locations between US and Mexico and over 1,000 team members throughout the region to support this tailwind. Uber Freight also shared the extensive progress the business has made since the acquisition, including expanding its connected network of shippers and carriers to one of the largest in the world with 2 million drivers registered since the founding of the company, and dramatically advancing its sustainability impact, with an estimated 2.4 million empty miles eliminated from its network in the past year alone. ABOUT UBER FREIGHT Uber Freight is a market-leading enterprise technology company powering intelligent logistics. With a suite of end-to-end logistics applications, managed services and an expansive carrier network, Uber Freight advances supply chains and moves the world's goods. Today, the company manages over $18 billion of freight and has the largest network of carriers. It is backed by best-in-class investors including Greenbriar Equity Group and partnered with 1 in 3 Fortune 500 companies, including Del Monte Foods, Nestle, Anheuser-Busch InBev and more.

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Supply Chain

Cleo Enhances Ecosystem Integration Platform to Optimize Supply Chain Execution

Cleo | September 27, 2023

Cleo, the pioneer and global leader of the Ecosystem Integration software category and provider of the Cleo Integration Cloud (CIC) platform, today announced availability of multiple new platform innovations designed to help organizations optimize supply chain execution through improved control, automation, and visibility of integrations between their ecosystem and their back-office systems. Cleo President and CEO Mahesh Rajasekharan said, “We’re charting a clear path to frictionless, intelligence-driven ecosystem integration, which will be a cornerstone of our customers’ ability to optimize supply chain execution. CIC 2023 will empower organizations with the insights they need to make better decisions and improve their ecosystem relationships. Our promise to our customers and the market is simple and straightforward: We will continue to push the innovation envelope, with the goal of providing more control to supply chain executives through real-time visibility, automation, AI, and orchestration solutions.” Cleo’s CIC 2023 platform is the company’s most powerful platform release to date and includes multiple enhancements and new functionality to support the design, operation, and management of these ecosystem integrations, including: Improved integration design and deployment capabilities for increased velocity in time to value Enhancements to all Accelerators, which are pre-built, out-of-the-box Order-to-Cash, Procure-to-Pay, Grocery, and Warehousing integrations for automating X12 EDI transactions between a company’s trading partner ecosystem straight into core business applications like Microsoft Dynamics 365 SCM and BC, Oracle NetSuite, SAP S/4HANA Cloud, Shopify, and Amazon Seller Central among others. Ease-of-use updates to several connectors including eBay, Shopify, and Amazon to rapidly build ecosystem integrations. Portfolio expansion for infrastructure and business connectivity with new and enhanced connectors including Amazon, Shopify, Microsoft SharePoint, Google Cloud Storage, and RosettaNet Implementation Framework (RNIF). Increased visibility and control to improve supply chain operations Launched a workload prioritization solution that allows organizations to put business priority first through granular control over business-critical and time-sensitive transactions (by document type or trading partner) that ensure key customer commitments are never missed. Enabled stronger, more informed, and more confident decision-making through flexibly customizable reporting timeframes which promote tighter alignment between reporting needs and business operations Released advanced message search capability to discover messages faster. Enables operations to improve customer experience during troubleshooting and monitoring of ecosystem transactions. Enhanced exception management for faster issue handling and prevention More robust certificate management that translates to proactive measures to ensure seamless business continuity with key generation, certificate generation, and rollover Advanced troubleshooting and granular drill-down capabilities enabling operations teams to reduce error resolution time by up to 20% -- resulting in improved ecosystem relationships. Deeper automation and improved configurability allow integration operations personas to ensure timely delivery of transactions through automatic retries & concurrent sends of errored processes Reimaged integration development experience and usability provides a fresh approach for developers Refreshed user interface of the platform integration development environment, allowing a streamlined experience for self-service API and EDI integration. Redesigned business process development experience streamlines updating and orchestrating of integrations, allowing organizations to quickly implement new integrations and make changes as their business evolves. Extensible integration logic with a full range of custom actions that empowers users to drive efficiency through comprehensive local commands executed at the orchestration level Optimizing supply chain execution requires breaking down functional silos, automating critical, time-sensitive business processes, increasing visibility and insights to make better decisions, and providing every organizational persona with control they need to complete day-to-day operations. The key lies in deploying end-to-end ecosystem integrations that bring together different components of a supply chain into a cohesive and seamless digital backbone. CIC, long recognized as one of the industry’s most powerful cloud integration solutions, is currently used by more than 4,200 logistics, manufacturing, distribution and retail companies throughout the world. About Cleo Integration Cloud Cleo Integration Cloud (CIC) is a cloud-based integration platform, purpose-built to design, build, operate, and optimize critical ecosystem integration processes. The CIC platform brings end-to-end integration visibility across API, MFT, EDI, and non-EDI integrations, giving technical and business users the confidence to rapidly onboard trading partners, enable integration between applications, and accelerate revenue-generating business processes. On the platform, businesses have the choice of self-service, managed services, or a blended approach – ensuring complete flexibility and control over their B2B integration strategy. About Cleo Cleo is an ecosystem integration software company focused on business outcomes, ensuring each customer’s potential is realized by delivering solutions that make it easy to discover and create value through the movement and integration of B2B enterprise data. Cleo gives customers strategic, “outside-in” visibility into the critical end-to-end business flows happening across their ecosystems of partners and customers, marketplaces, and internal cloud and on-premise applications. Our solutions empower teams to drive business agility, accelerate onboarding, facilitate the modernization of key business processes, and capture new revenue streams by reimagining and remastering their digital ecosystem through robust application, B2B, and data integration technologies.

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Supply Chain

Ryder Named a Top 10 3PL in 2023 Readers�� Choice Excellence Awards by Inbound Logistics

Ryder System, Inc | September 27, 2023

Ryder System, Inc., a leader in supply chain, dedicated transportation, and fleet management solutions, announces it is named among the Top 10 3PLs in the 2023 Readers’ Choice Excellence Awards by Inbound Logistics for the second consecutive year. Considering nearly 12,500 votes cast by supply chain decision-makers from some of the world’s best-known brands, the Inbound Logistics audience shortlists the top ten 3PLs they trust most to solve supply chain challenges. “World-class 3PLs offer innovative and efficient ways to wring every ounce of productivity from enterprise operations,” says Felecia Stratton, editor of Inbound Logistics. “We’re pleased to recognize Ryder for making the investment in the solutions and expertise that empowered logistics, supply chain, and transportation excellence for customers in 2023.” To fully optimize supply chain and transportation networks, Ryder continues to build on $1.3 billion in strategic investments it has made over the past five years to develop, acquire, and invest in innovative customer-facing technologies, products, and services. In August, the company announced the establishment of Baton, A Ryder Technology Lab based out of Silicon Valley. Led by some of the brightest minds from the world’s most respected tech firms and learning institutions, the lab’s first mission is to create a first-of-its-kind, AI-powered digital platform and optimization engine that facilitates a new, integrated approach to managing transportation networks for customers where seasonality and fluctuating demand inhibit the continuous use of resources. In July, Ryder rolled out Torque by Ryder™, a first-of-its-kind retail mobile maintenance service that fleet owners can access via desktop, smartphone, or tablet to schedule, receive, track, and pay for mobile maintenance solutions at their place of business – all without a contract. And, in May, Ryder announced RyderElectric+™, a turnkey solution to help customers navigate the electric vehicle landscape, inclusive of developing a transition roadmap with electrification advisors, vehicles, charging, telematics, and maintenance. In addition, Ryder announced plans to introduce up to 4,000 BrightDrop electric vans to its lease and rental fleet through 2025. “By strategically investing in and piloting new technologies, Ryder is uniquely positioned to ensure our customers have access to the innovations that will keep their supply chain and transportation networks ahead of the curve in an ever-evolving environment – and, just as importantly, access to implementation expertise as well as data scientists to turn analytics into actionable insights,” says Karen Jones, chief marketing officer and head of new product innovation for Ryder. “We strive each and every day to ensure our customers can deliver on their promises to their customers, so to be recognized for that in such a prestigious way is priceless.” As a fully integrated port-to-door transportation and supply chain logistics provider, Ryder provides supply chain, dedicated transportation, and fleet management solutions to some of the world’s most recognizable brands representing more than 20 industries. By combining cutting-edge technology and business intelligence tools with nearly 90 years of operational know-how, Ryder custom-engineers solutions around its customers’ operations rather than trying to fit them into a one-size-fits-all formula. About Ryder System, Inc. Ryder System, Inc. (NYSE: R) is a leading logistics and transportation company. It provides supply chain, dedicated transportation, and fleet management solutions, including warehousing and distribution, e-commerce fulfillment, last-mile delivery, managed transportation, professional drivers, freight brokerage, full-service leasing, maintenance, commercial truck rental, and used vehicle sales to some of the world’s most-recognized brands. Ryder provides services throughout the United States, Mexico, and Canada. In addition, Ryder manages nearly 260,000 commercial vehicles and operates approximately 300 warehouses encompassing more than 95 million square feet. Ryder is regularly recognized for its industry-leading practices in third-party logistics, technology-driven innovations, commercial vehicle maintenance, environmental stewardship, corporate social responsibility, world-class safety and security programs, military veteran recruitment initiatives, and the hiring of a diverse workforce. About Inbound Logistics Inbound Logistics, the demand-driven logistics magazine, is the leading multi-channel content provider targeted toward business logistics and supply chain managers. Inbound Logistics’ mission is to provide the information and solutions enabling companies of all sizes to become demand-driven enterprises by speeding and reducing inventory and supporting infrastructure, and better matching demand signals to supply.

Read More

Supply Chain

Uber Freight doubles down on enterprise technology, unveils next generation product roadmap with AI-powered logistics

Uber Freight | September 29, 2023

Today, during the company's annual customer conference that hosts nearly 300 of the world's largest shippers, Uber Freight announced the most comprehensive evolution of its logistics technologies designed to power the global movement of goods. The news comes nearly two years after the $2.25B acquisition of the market's largest transportation management company Transplace, which partners directly with shippers to manage their logistics networks. Now, with $18B freight under management, the company is releasing for the first time a next generation of products that infuse Uber's advanced technology development capabilities, including AI-powered software. The strategic expansion of the business enabled Uber Freight to build a new kind of logistics company, one uniquely able to offer the kinds of comprehensive, end-to-end enterprise applications and services for the industry in an increasingly complex logistics landscape. "The past couple of years have been transformative for our business, driving significant amounts of resources into delivering the next generation of technologies designed to power the global movement of goods," said Lior Ron, Founder and CEO of Uber Freight. "The focus on developing new enterprise solutions underpins our commitment to our strategic customer base and the industry at large as we drive to be the most comprehensive partner to advance logistics networks." Uber Freight has made a deep investment in technology, with $120M invested since the acquisition that is focused heavily on scaling enterprise applications that span logistics software solutions, generative AI and data-enabled insights tools, as well as innovative capacity and mode expansions. Reimagining logistics management with advanced software Uber Freight is rolling out the most comprehensive update of the widely-used Uber Freight TMS since it was first launched by Transplace in 2005. The Uber Freight TMS is the all-in-one solution for planning, executing, and monitoring complex logistics operations across modes and regions, bringing shippers the time-tested expertise, Uber-grade technology, and high-quality service they need to drive their intelligent logistics forward. Initial upgrades focus on delivering a new standard of visibility, foresight, and control, "Uberizing" modules to promote ease of use and actionable data—all while expanding global, end-to-end shipment visibility across modes including rail, ocean, and air. "When you have a supply chain that's expansive and complex as ours, cutting-edge technology isn't a nice-to-have—it's essential," said Randy Cooper, Director of Transportation at Del Monte Foods. "Our partnership with Uber Freight's managed transportation and innovative technology has become our secret sauce as we serve our customers." Uber Freight is deepening its investment in software solutions with the launch of Uber Freight Exchange, a powerful new tool designed to meet the evolving needs of shippers and carriers by expediting freight procurement cycles and powering rapid shipment execution. Uber Freight Exchange is a neutral platform open to all shippers and carriers—a shipper can utilize Uber Freight Exchange to run auctions with their own carriers, in addition to Uber Freight's network of 100,000 carriers across the US. With integrated communication, simple bid functionality, and historical performance reporting, it enhances operational efficiency, fosters partnerships, and safeguards lane coverage risks in any market conditions. Bringing the power of generative AI and machine learning to enterprise shippers Uber Freight is unveiling Insights AI, a powerful generative-AI-powered insights tool that will transform decision making in logistics and support transportation teams from granular, tactical views to more complex, strategic analyses. Insights AI will leverage LLMs to generate and surface insights from Uber Freight's vast store of transportation data for customers. Uber Freight is also leading the industry in the creation and application of AI and machine learning to drive network optimization and service improvements at scale with several new models rolled out recently, including a sophisticated ETA model, which, when combined with Uber Freight's Probability of Late Arrival (PLA) model, helps to drive automated 'self-healing' workflows to improve shipper service. Expanding dynamic capacity and freight modes, across regions Uber Freight has strategically grown the footprint of the Powerloop program to meet surging client demand for drop and hook and dedicated capacity solutions. The program has expanded operational scope from localized freight within Texas, California and Georgia, to regional and over the road freight stretching across several new states including Arizona, Utah, New Jersey, New York, Arkansas, Minnesota, Wisconsin, Illinois, Indiana, Ohio, Tennessee, Pennsylvania, Virginia, North Carolina, South Carolina, Florida, and Kentucky. Uber Freight continues to gain ground as the most extensive autonomous freight network in North America with active partnerships with the leading developers and dozens of shippers moving autonomous loads on the network daily. In September, the company achieved a milestone of 100k autonomous miles driven with AV carriers on the network. Uber Freight has expanded support across the North American cross-border supply chain. To meet a 20% increase in production from across the customer base, the company now has six cross-border locations between US and Mexico and over 1,000 team members throughout the region to support this tailwind. Uber Freight also shared the extensive progress the business has made since the acquisition, including expanding its connected network of shippers and carriers to one of the largest in the world with 2 million drivers registered since the founding of the company, and dramatically advancing its sustainability impact, with an estimated 2.4 million empty miles eliminated from its network in the past year alone. ABOUT UBER FREIGHT Uber Freight is a market-leading enterprise technology company powering intelligent logistics. With a suite of end-to-end logistics applications, managed services and an expansive carrier network, Uber Freight advances supply chains and moves the world's goods. Today, the company manages over $18 billion of freight and has the largest network of carriers. It is backed by best-in-class investors including Greenbriar Equity Group and partnered with 1 in 3 Fortune 500 companies, including Del Monte Foods, Nestle, Anheuser-Busch InBev and more.

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