Logistics Bureau

MAY 31, 2021

Perhaps you haven’t had much opportunity, amid the turmoil, to consider the cost to serve your online customers. The tips in this article will help you know how to identify the customers, products, and processes that might be inflating your cost to serve (CTS) unnecessarily. High Cost to Serve: It’s an Omnichannel Problem.

Cost Reduction 117

Cost Reduction Purchasing Skills Expense Reduction Inventory Reduction 117

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

Dedola Global Logistics

JANUARY 14, 2023

Transloading: A Comprehensive Guide With Client Examples . This can be useful for long-distance shipments that require multiple forms of transportation, as it allows for the use of the most cost-effective and efficient routes. Case Studies: DGL’s Successful Transloading Strategies for Clients in Various Industries.

Examples 73

Examples Cost Reduction Expense Reduction Inventory Reduction 73

EazyStock

APRIL 13, 2022

What is a supply chain strategy? A supply chain strategy explains how a company will bring goods into the business and get them out to customers as effectively as possible. Considering every phase in the supply chain, such as sourcing goods, logistics and delivery, the strategy optimizes operations to reduce costs and maximize profits.

Inventory Reduction 52

Inventory Reduction Sourcing Strategies Cost Reduction Supply Chain Planning Software 52

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

Dedola Global Logistics

JANUARY 14, 2023

Transloading: A Comprehensive Guide With Client Examples Transloading is a process that involves transferring cargo from one mode of transportation to another during the shipping process. Transloading can also minimize the risk of cargo damage, provide transportation flexibility, and reduce the time a shipment spends in transit.

Examples 52

Examples Cost Reduction Expense Reduction Inventory Reduction 52

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 94

Inventory Reduction Cost Reduction Price Reduction Supply Chains 94

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

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

Logistics Bureau

NOVEMBER 30, 2020

A common conundrum for companies is how to reduce their freight costs, which due to a recovery in demand following the Covid-19 pandemic have skyrocketed. Putting a lid on escalating freight costs has now become more important than ever. Reduce your dunnage. Make an in-depth cost analysis. ARTICLE SUMMARY.

Cost Reduction 63

Cost Reduction Negotiating Skills Price Reduction Material Savings 63

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. The costs of logistics as a ratio of total expenses are too significant to ignore.

Cost Reduction 105

Cost Reduction Tips Expense Reduction Supply Chain Planning Software 105

Logistics Viewpoints

JANUARY 31, 2022

If there is a tradeoff between cost and a sustainable project, is the higher cost/less sustainable project ever selected? Let’s put a major multinational – Saint-Gobain – under the microscope to illustrate how this kind of analysis. Do green projects have a lower hurdle for approval? Who is Saint-Gobain?

Material Savings 125

Material Savings Cost Reduction Price Reduction Expense Reduction 125

SYSPRO Smarter ERP

MARCH 20, 2024

For manufacturers, having the right business intelligence on hand at the right time can eliminate the guesswork from decision making, offering real-time visibility into business processes so you can anticipate your next move. Data warehousing costs rise. Eliminate reporting inconsistencies and data redundancy. Human error.

Manufacturing Procurement 105

Manufacturing Procurement Optimal Sourcing Expense Reduction Cost Reduction 105

Conger

JANUARY 27, 2023

Examples of automation range from a household thermostat to a large industrial control system, self-driven vehicles, and warehousing robots. Examples are industrial robots and multipurpose CNC machines. When automation is used in industries or manufacturing, it is called industrial automation.

Supply Chain Software 52

Supply Chain Software Examples Supply Chain Design Software Supply Chain Planning Software 52

Log-hub

MAY 22, 2024

In today’s complex and interconnected global economy, managing supply chains has evolved into a sophisticated discipline that requires advanced tools and strategies. PRESCRIPTIVE ANALYTICS : Suggests actions based on data analysis. This includes safety stock optimization, lead time reduction, and demand forecasting.

Optimal Sourcing 52

Optimal Sourcing Optimization Software Material Savings Supply Chain Planning Software 52

Log-hub

MAY 22, 2024

In today’s complex and interconnected global economy, managing supply chains has evolved into a sophisticated discipline that requires advanced tools and strategies. PRESCRIPTIVE ANALYTICS : Suggests actions based on data analysis. This includes safety stock optimization, lead time reduction, and demand forecasting.

Optimal Sourcing 52

Optimal Sourcing Optimization Software Material Savings Supply Chain Planning Software 52

Logistics Bureau

APRIL 3, 2023

If you’re a decision-maker with accountability for your organisation’s entire supply chain, and you’re just starting to think about outsourcing, perhaps to reduce costs or improve service, this post should prove well worth the few minutes it will take you to read it.

Outsourcing 87

Outsourcing Optimal Sourcing Supply Chain Software Cost Reduction 87

GlobalTranz

JANUARY 21, 2015

As a supply chain director, manager, or boss of a multinational corporation, where the supply chain is an integral part of your business, supply chain cost reductions are always at the forefront of your team’s mind. Vendor Managed Inventory Model for Supply Chain Cost Reductions.

Vendor Strategies 96

Vendor Strategies Inventory Reduction Cost Reduction Waste Reduction 96

Logistics Business Magazine

JUNE 13, 2022

Many companies are currently suffering from rising energy costs and are looking for additional cost reductions. Reducing electricity costs is now highly ranked on the industry’s to-do list when it comes to ecological and economic issues. Reduction of energy consumption. battery chargers.

Cost Reduction 63

Cost Reduction Efficiency Material Savings Optimization Software 63

Logistics Viewpoints

SEPTEMBER 19, 2023

Supply chain executives must evolve from cost and service as the key objectives for optimal demand-supply balancing towards the “quadfecta” of cost, service, resiliency, and sustainability. The bullwhip effect is one example of this disruptive effect, when small changes in demand cause huge demand spikes downstream.

Supply Chain Design Software 139

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Supply Chain Software 139

CLX Logistics

JULY 26, 2021

Let’s look at the facts – the percentage of supply chain managers using new analytics tools and services to develop better bidding strategies has increased from 17% in 2017 to more than 30% in 2020. Next-generation supply chain management tools like CLX LaneLogix are a perfect example of the type of system. Ongoing Spend Analysis.

Material Savings 40

Material Savings Sourcing Strategies Cost Reduction Inventory Reduction 40

Logistics Business Magazine

MAY 17, 2023

There is currently a trend on the market, both nationally and internationally, for brownfield solutions – i.e., the integration of new technology into existing buildings – to become increasingly attractive and a viable addition to the greenfield strategy. The result is another positive cost and time factor. •

Cost Reduction 51

Cost Reduction Efficiency Material Savings Waste Reduction 51

SYSPRO Smarter ERP

MAY 2, 2024

The other emerging area around AI in ERP focuses on trend analysis and forecasting. Here are some real-world examples of AI use cases in manufacturing: Improve data processing and analytics by recognizing context and generating valuable predictions and insights to help manufacturers make better decisions and optimize their performance.

ERP 59

ERP Supply Chain Planning Software Modeling Software Optimization Software 59

WorkWave

MARCH 26, 2024

Let’s delve into this topic to understand its significance and explore strategies for optimizing delivery routes to enhance customer satisfaction. Efficiency and Cost-Effectiveness Efficient delivery route planning not only benefits customers but also contributes to the company’s bottom line. Ben Toilet Rentals Inc.

Optimization Software 105

Optimization Software Optimization Logistics Network Optimization Software Cost Reduction 105

3PL Links

DECEMBER 3, 2023

Predictive Analysis in Logistics and Supply Chain: How to Apply | Image source: Pexels In logistics, predictive analysis is simply the process of identifying and forecasting patterns, trends, and behaviors in both human and machine learning approaches, data, and algorithms. This ratio increased to 54% in 2022.

Supply Chain Planning Software 48

Supply Chain Planning Software Optimal Sourcing Analysis Supply Chain Software 48

GlobalTranz

SEPTEMBER 3, 2015

Efficiency begets costs savings, and let's be honest, we are all looking for ways to do that! A thorough analysis of Design for Manufacture and Assembly (DFMA) is just one tactic you can use to find success within the constructs of the chain. We wanted to see if DFMA could aid in other ways to save on total costs in the supply chain.

Cost Reduction 101

Cost Reduction Supply Chain Design Software Supply Chain Design Material Savings 101

CLX Logistics

MAY 15, 2024

The Company found a strategic partner in CLX Logistics, and together, the companies have focused on increasing efficiencies, cutting spend, and improving transportation performance. As an example, CLX Logistics can integrate customer ABC-segmentation to drive differentiated transportation performance by customer segment.

Inventory Reduction 59

Inventory Reduction Material Savings Cost Reduction Optimization Software 59

CLX Logistics

MAY 15, 2024

The Company found a strategic partner in CLX Logistics, and together, the companies have focused on increasing efficiencies, cutting spend, and improving transportation performance. As an example, CLX Logistics can integrate customer ABC-segmentation to drive differentiated transportation performance by customer segment.

Logistics Network Optimization Software 57

Logistics Network Optimization Software Inventory Reduction Material Savings Cost Reduction 57

Logistics Viewpoints

JULY 17, 2023

Increased protectionism is leading to increases in landed costs for imported products. And yet Jerry Peck, the vice president of product strategy for global trade and transportation execution at QAD, made the point that when global companies think about digital supply chains, global trade compliance is often not part of their thinking.

Supply Chain Planning Software 113

Supply Chain Planning Software Compliance Supply Chain Software Optimization Software 113

Logistics Business Magazine

DECEMBER 16, 2021

Governments across the globe are urging businesses to do more to reduce greenhouse gas emissions across the supply chain. In response, companies are taking sustainable leadership to new levels, with a particular focus on reducing their Scope 3 emissions to actively assist in supply chain decarbonisation.

Waste Reduction 61

Waste Reduction Vendor Strategies Cost Reduction Resource Reduction 61

Logistics Bureau

OCTOBER 9, 2023

Quality and Detail of Data and its Analysis In some of our earlier posts, we’ve stressed the importance of simplicity in distribution network design , and we will return to that topic later in this article. It’s not a short list, so we’ll set it down here as a summary to help you with plans for analysis.

Supply Chain Design Software 90

Supply Chain Design Software Supply Chain Design Distribution Networks 90

Logistics Viewpoints

MARCH 8, 2021

For example, go to the Walmart, turn right, and it is the third house on the left. How will total landed costs be impacted by adding a new supplier? How do we best handle surging transportation costs? What will the total costs be associated with different green strategies? Logistics can be a challenge.

Supply Chain Design Software 153

Supply Chain Design Software Supply Chain Planning Software Supply Chain Transformation Supply Chain Software 153

Logistics Problem Solving

AUGUST 4, 2017

What do you do if your logistics strategy is just not working? While there are ways to reverse course after a faulty strategy is deployed, you must first admit it was faulty. Testing is not only a good idea, it is crucial to developing a logistics strategy. This never happens. It’s the key to avoiding unintended consequences.

Expense Reduction 59

Expense Reduction Cost Reduction Price Reduction Strategy 59

MTS Logistics

MAY 24, 2024

Furthermore, beyond simply identifying security incidents like unauthorized container access, cutting-edge IoT technologies enable continuous monitoring of a container’s location throughout its journey in the supply chain. This mutually beneficial arrangement between risk mitigation and financial prudence benefits all stakeholders.

Security 82

Security Supply Chain Software Expense Reduction Cost Reduction 82

GlobalTranz

AUGUST 17, 2015

A vigorous supplier relationship management (SRM) strategy can assist organizations in maximizing partnership value, minimize risk, and manage costs through the entire supplier relationship lifecycle. The transportation of lithium batteries is dangerous, as they overheat, which can cause significant damage.

Sourcing Strategies 98

Sourcing Strategies Price Reduction Vendor Strategies Cost Reduction 98

GlobalTranz

NOVEMBER 16, 2016

Yet the majority of companies have not defined a big data strategy, and others are barely starting to notice. . �. As a result, the simplest way of defining a big data strategy must begin with understanding how it will evolve and affect the company. . How to Get Started with Your Big Data Strategy. . Hand-held scanners.

Resource Reduction 91

Resource Reduction Cost Reduction Supply Chain Planning Software Supply Chain Software 91

MTS Logistics

DECEMBER 20, 2023

Elastic logistics is becoming a shining example of efficiency and cost savings due to its capacity to dynamically react to changing demand by expanding or reducing operations. Let’s dissect the essential elements that make up this dynamic strategy: 1.

Supply Chain Software 82

Supply Chain Software Supply Chains Inventory Reduction Cost Reduction 82