FreightWaves SONAR

JANUARY 28, 2021

Adjusting current logistics strategies demonstrated the second great challenge of the pandemic. Embracing new and improved logistics strategies remains the best way to adapt to clients’ changing demands in 2021 and beyond. Now more than ever, shippers need to find innovative ways to make the most of real-time freight data and analysis.

Waste Reduction 105

Waste Reduction Resource Reduction Price Reduction Cost Reduction 105

The Logistics of Logistics

JANUARY 28, 2022

Beyond Cost Per Load with Felipe Capella. Felipe Capella and Joe Lynch discuss beyond cost per load. Felipe believes that while cost per load will continue to be important, savvy shippers will look for 3PLs who use technology and people to bring additional value to the shipping function. Key Takeaways: Beyond Cost Per Load.

Cost Reduction 262

Cost Reduction Optimization Software Price Reduction Logistics Network Optimization Software 262

Logistics Business Magazine

MAY 18, 2023

Yard Management Solutions aims to revolutionize the yard management industry and assist Co2 emission reductions by introducing its state-of-the-art yard management software. This software has proven to be a game-changer, helping facilities reduce their carbon footprint while also unlocking significant cost savings.

Waste Reduction 36

Waste Reduction Cost Reduction Resource Reduction Supply Chain Software 36

3PL Links

MAY 3, 2023

Improving Supply Chain Visibility: The Impact of Data Strategy | Image source: Pixabay A business-contextualized data approach is crucial for boosting supply chain visibility, especially during downturns. It is important to answer the following questions: What is the goal of developing a data strategy? What are the expected insights?

Sourcing Strategies 62

Sourcing Strategies Inventory Reduction Material Savings Cost Reduction 62

Locus

JUNE 16, 2023

Customer satisfaction and keeping costs in check rests on optimal last-mile delivery operations. Naturally, the costs of meeting such expectations, especially on the delivery front are also increasing. The biggest challenge that logistics providers face is rising last-mile carrier delivery costs. These include: 1.

Cost Reduction 98

Cost Reduction Expense Reduction Inventory Reduction Price Reduction 98

Logistics Bureau

NOVEMBER 6, 2023

Recent studies have shown that among the challenges frustrating warehouse and distribution centre managers this year, rising energy and labour costs are two of the most often cited. We hope the tips and ideas in this article will help you make inroads into warehouse energy and labour cost reduction.

Cost Reduction 107

Cost Reduction Purchasing Skills Waste Reduction Material Savings 107

MTS Logistics

JUNE 30, 2023

And 52% are looking to consolidate more shipments overall, a strategy for which LCL can play an important role.” ” Below are three ways shippers can use LCL to reduce their costs. Recoup costs and future savings. Bridge the gap with market and mode shifts.

Cost Reduction 89

Cost Reduction Inventory Reduction Waste Reduction Optimal Sourcing 89

GoShip Blog

FEBRUARY 7, 2023

Over the years, marketing strategies have evolved with the times, the advent of technology, and changes in consumer behavior. Why a Solid Marketing Strategy is Important A marketing strategy refers to a business’s action plan for achieving its short and long-term goals and developing a sustainable competitive advantage.

Waste Reduction 52

Waste Reduction Price Reduction Resource Reduction Expense Reduction 52

Loginext

NOVEMBER 21, 2023

This article outlines the various ways that delivery route optimization software can help your organization cut down on costs. The post Empowering Operations Managers to Drastically Cut Costs with Delivery Route Optimization Software appeared first on loginextsolutions.com.

Optimization Software 71

Optimization Software Cost Reduction Logistics Network Optimization Software Resource Reduction 71

Log-hub

MARCH 1, 2023

The mistakes that can pull your supply chain far away from the progress are bad cost management strategy, lack of optimized business processes, neglecting data and KPI’s, poor customer service and no future planning. One of them is a bad cost management strategy. But how to get rid of them?

Cost Reduction 52

Cost Reduction Sourcing Strategies Expense Reduction Supply Chain Design Software 52

Logistics Viewpoints

SEPTEMBER 13, 2022

In the past few decades, an increasing number of organizations have adopted environmental, social and governance ( ESG ) initiatives to help heal the planet as well as to make cost and efficiency improvements in their supply chain and procurement operations. What obstacles are companies facing in making the most of this opportunity?

Cost Reduction 127

Cost Reduction Supply Chain Planning Software GEP Supply Chain Software 127

FreightWaves SONAR

MARCH 2, 2021

From a financial standpoint, transportation cost analysis remains focused on determining the value of the resources used to execute a given shipment and goes well beyond benchmarking. Moreover, this kind of analysis does not focus on who ends up paying which expenses in the end. Limited data sharing within the chain.

Analysis 98

Analysis Price Reduction Cost Reduction Supply Chain Planning Software 98

SIPMM Professional Publications

OCTOBER 20, 2019

Organizations practicing sustainable procurement meet their needs for goods, services, utilities and works not on a private cost–benefit analysis, but with a view to maximizing net benefits for themselves and the wider world. […]. The post Six Essential Strategies for Sustainable Procurement appeared first on SIPMM INSTITUTE.

Cost Reduction 88

Cost Reduction Procurement Strategy Analysis 88

The Logistics of Logistics

APRIL 13, 2021

Beyond Cost Per Load with Felipe Capella. Felipe Capella and Joe Lynch discuss beyond cost per load. Felipe believes that while cost per load will continue to be important, savvy shippers will look for 3PLs who use technology and people to bring additional value to the shipping function. Key Takeaways: Beyond Cost Per Load.

Cost Reduction 195

Cost Reduction Optimization Software Price Reduction Logistics Network Optimization Software 195

Log-hub

NOVEMBER 22, 2023

Efficient inventory management, layout organization, and operational strategies are key to meeting customer demands while minimizing costs and maximizing profits. One of the most powerful tools employed in this endeavor is the ABCD Analysis.

Inventory Reduction 40

Inventory Reduction Analysis Material Savings Waste Reduction 40

Log-hub

NOVEMBER 22, 2023

Efficient inventory management, layout organization, and operational strategies are key to meeting customer demands while minimizing costs and maximizing profits. One of the most powerful tools employed in this endeavor is the ABCD Analysis.

Inventory Reduction 40

Inventory Reduction Analysis Material Savings Waste Reduction 40

Log-hub

NOVEMBER 22, 2023

7 min read Maximizing Warehouse Efficiency: Unleashing the Potential of ABCD Analysis In the dynamic world of supply chain management, optimizing warehouse operations has become an indispensable factor for businesses. One of the most powerful tools employed in this endeavor is the ABCD Analysis.

Inventory Reduction 40

Inventory Reduction Analysis Material Savings Waste Reduction 40

EazyStock

FEBRUARY 17, 2021

Effective inventory replenishment processes ensure that order fill rates can be achieved while keeping inventory carrying costs under control. Inventory Replenishment Strategies to Boost Profitability. However, businesses are also acutely aware that holding inventory costs money. Both can be very costly.

Inventory Reduction 75

Inventory Reduction Material Savings Price Reduction Cost Reduction 75

Logistics Business Magazine

JANUARY 6, 2023

A leading palletised freight delivery company is enjoying important operational benefits and reduced costs after replacing its diesel materials handling fleet with electric forklifts. Operational costs have significantly reduced due to savings from lower fuel and forklift maintenance costs.”

Cost Reduction 61

Cost Reduction Freight Material Savings Materials Handling 61

Logistics Business Magazine

MARCH 20, 2023

A new white paper from a supply chain consultancy suggests retailers are too fragmented in their approach to determining their Costs-To-Serve (CTS) and should instead adopt CTS analysis as a core, business-critical initiative for informing future decisions and direction. “In More acutely, do you know what margin you are making?

Supply Chain Planning Software 53

Supply Chain Planning Software Supply Chain Software Cost Reduction Logistics Network Optimization Software 53

MTS Logistics

APRIL 3, 2023

The effects of inflation on the shipping industry were seen in several areas: higher fuel, increased transportation, labor and equipment costs. Despite this, bloated inventories due to reduced consumer demand are still putting pressure on warehouse rates, leading to a new inflation warning for consumers.

Inventory Reduction 97

Inventory Reduction Cost Reduction Price Reduction Supply Chains 97

FreightWaves SONAR

FEBRUARY 11, 2021

However, enterprise shippers can make a comeback by implementing smart truckload shipping strategies by retooling and putting freight forecasting power to work. And these additional five shipping strategies can help enterprise shippers maximize recovery and boost profits. Freight transport cost per shipment.

Sourcing Strategies 98

Sourcing Strategies Cost Reduction Supply Chain Planning Software Optimization Software 98

Conger

APRIL 1, 2024

By carefully planning and scheduling maintenance before issues arise, businesses can avoid interruptions and reduce costs associated with emergency repairs and downtime. Continue reading to learn more about this essential strategy to ensure your equipment performs optimally at all times. Let’s dive in!

Material Savings 82

Material Savings Expense Reduction Resource Reduction Cost Reduction 82

The Logistics of Logistics

JULY 31, 2023

Applying the strategies and methodologies he learned while serving Fortune 1000 brands as a strategist, Adam brings both creative and practical strategies that move the needle for the mid-market companies he serves. Adam is also an entrepreneur. Tusk save Shippers 40% or more on small parcel shipping.

Supply Chain Design Software 282

Supply Chain Design Software Logistics Network Optimization Software Modeling Software Cost Reduction 282

Overdrive Online

JUNE 10, 2020

Since we last polled Overdrive readers on cost per mile figures in 2014, there's some good news in poll results: fewer readers report not knowing their numbers, and a larger share report costs under a dollar a mile, likely with equipment fully paid off -- paired with well-developed maintenance know-how, such a lean operation can be a sizable advantage (..)

Cost Reduction 80

Cost Reduction Strategy Presentation Operations 80

The Logistics of Logistics

MARCH 13, 2023

Kara is the Founder and CRO of LeadCoverage , the premier B2B marketing and PR firm dedicated to helping logistics companies increase lead generation through targeted marketing strategies and media coverage. Measurement – analytics and analysis delivered executive-ready. Tusk save Shippers 40% or more on small parcel shipping.

Logistics Network Optimization Software 317

Logistics Network Optimization Software Cost Reduction Negotiating Skills Logistics 317

Freightos

DECEMBER 20, 2022

From lockdown-induced purchasing highs, soaring logistics costs and supply chain snarls to waning demand, soaring inflation, and fears of recession – there has never been a dull moment. . The role logistics costs have played in increased or decreasing inflation is now more relevant than ever. . This deserves more exploration.

Purchasing Skills 62

Purchasing Skills Analysis Cost Reduction Freight 62

SYSPRO Smarter ERP

OCTOBER 9, 2023

Cost efficiency, quality management and traceability are major issues for companies in this region. Managing costs With the demand for fabricated metal products growing so much, production runs are increasing as are the costs. The significant cost items are labor, materials and machinery.

Manufacturing Procurement 111

Manufacturing Procurement Purchasing Skills Cost Reduction Optimal Sourcing 111

10xLogistics

APRIL 3, 2024

The term opportunity cost is thrown around a lot in business. My intent in this blog post is to try to explain why you should always consider opportunity cost in every decision you make. Opportunity cost! If you assume that is true then where is the analysis of what the dollar or minute could be doing?

Cost Reduction 71

Cost Reduction Resource Reduction Military Analysis 71

Logistics Bureau

NOVEMBER 16, 2021

Cost to Serve reporting, analysis, and modelling has much to offer organisations of all kinds. Related articles on this topic have appeared throughout our website, check them out: Omnichannel Retail and the Cost to Serve Online Customers. An 8-point Guide to Understanding Your Cost to Serve. Why is that?

Cost Reduction 89

Cost Reduction Case Study Study Analysis 89

FreightWaves SONAR

MAY 7, 2024

This approach is cumbersome and fraught with challenges such as limited visibility, inefficient data management and difficulties in bid analysis. Centralization and Standardization These platforms centralize procurement tasks, reducing the reliance on multiple spreadsheets and allowing for a more organized approach to managing bids.

Optimal Sourcing 64

Optimal Sourcing Optimization Software Supply Chain Software Procurement 64

MTS Logistics

SEPTEMBER 20, 2023

Rising fuel costs have started hitting container shipping, with most carriers – large and small – feeling the pain as of today. These recent record-highs threaten to further reduce demand for the shipping and logistics sector, which had already been suffering from lower demand in recent months. Additionally, U.S.

Cost Reduction 90

Cost Reduction Price Reduction Logistics Supply Chains 90

FreightWaves SONAR

JULY 24, 2023

Freight costs and budget adherence are among the most important and often overlooked aspects of transportation management. The costs of logistics as a ratio of total expenses are too significant to ignore. In most industries, supply chain logistics account for 5% to 50% of a product’s total cost.”

Cost Reduction 105

Cost Reduction Tips Expense Reduction Supply Chain Planning Software 105

Logistics Viewpoints

DECEMBER 15, 2022

For companies that want to go beyond the traditional spreadsheet, which cannot handle this ocean of information efficiently, statistical methods such as cluster analysis can help. What is Cluster Analysis? Cluster analysis is a statistical umbrella term for methods that classify data points according to their attributes.

Optimal Sourcing 116

Optimal Sourcing Analysis Procurement Analytics Purchasing Skills 116

Triskele Logistics

MAY 27, 2018

How can you reduce your supply chain costs? Supply Chain costs contribute significantly to your cost of goods sold. Here's a roadmap you can follow to identify your supply chain and then reduce your costs. Here's a roadmap you can follow to identify your supply chain and then reduce your costs.

Cost Reduction 40

Cost Reduction Supply Chain Design Supply Chains Exercises 40

Blue Grace Logistics

AUGUST 10, 2021

Over the last decade, ever since social media and the IoT became common-place mediums, there has been a change in marketing tools and strategies. A more streamlined communication is provided by omnichannel strategies. In-store visits were drastically reduced during the pandemic. What does the future hold for physical retail?

Expense Reduction 62

Expense Reduction Cost Reduction Strategy Optimization Software 62

Logistics Business Magazine

FEBRUARY 7, 2023

VisionTrack, a leading AI video telematics and connected fleet data specialist, is transforming commercial fleet safety with the launch of a sophisticated AI-powered post-analysis solution. NARA reduced the time needed to review events that require human validation to just minutes per day.

Video 41

Video Analysis Cost Reduction Modeling Software 41