Freightos

MAY 23, 2024

Blog " * " indicates required fields Email * Comments This field is for validation purposes and should be left unchanged. Here, again, ocean freight is looking to examples from other industries for tested solutions to recurring problems. And Red Sea diversions are leading to rolled containers for shippers right now, once again.

Industry 77

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Ship Monk

APRIL 28, 2023

In addition to satisfying conscientious consumer demand, eco-friendly efforts can benefit your ecommerce business by reducing waste within your company and improving operational efficiencies. Translation: these ecommerce businesses have operating standards that minimize or reduce negative impact on the planet. We hope you do!

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Logistics Bureau

MAY 8, 2023

If your company has yet to go through such a process, you’re at risk of missing a golden opportunity to reduce logistics costs and improve service with outsourced freight management. That’s not to say outsourcing will be suitable for every company.

Negotiating Skills 62

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Logistics Bureau

SEPTEMBER 4, 2023

And, of course, I will also share how knowing your cost-to-serve will help you to solve those all-too-familiar performance gremlins. If your business is experiencing a persistent reduction in profit margins, analysing your cost to serve is an advisable step in diagnosing the causes. We’ll begin with a look at pricing strategy.

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Logistics Bureau

DECEMBER 4, 2023

Inventory management is a crucial aspect of supply chain management, and effective strategies can help businesses reduce costs, improve customer service, and increase profits. But what does a great inventory management strategy look like? In other words, it will be different for every enterprise or organisation.

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Logistics Bureau

NOVEMBER 6, 2023

Of course, there is no quick and easy way to curb increases in the cost of energy and labour, but now is an excellent time to start thinking about practical ways to reduce energy usage and increase labour productivity and efficiency. There are several possible ways to eliminate this form of energy wastage.

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CLX Logistics

JULY 13, 2020

What you really need to understand and be able to communicate to management is where you should be and how to get there. Unless you are in a pure commodity market, price is important. Now, let’s look at how to get there. As an example, consider the growing number of digital freight marketplaces like UberFreight and LoadSmart.

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Dedola Global Logistics

DECEMBER 16, 2019

How To Reduce Soft Costs in Shipping. An experienced forwarder or third-party logistics company (3PL) can help you improve your bottom line by reducing your soft costs in addition to saving you money on hard costs. . For instance, things like fuel prices, hourly wages for employees, and materials are some hard costs.

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WorkWave

JULY 31, 2019

By pairing a solid organic social content strategy with a full-funnel social advertising strategy, you will gain much greater value and be able to tie efforts to actual ROI. Learn how to get set up on Business Manager here. Once you are set up you can jump into your strategy and execution. Set Up Tracking. Set Your Goals.

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Logistics Bureau

MAY 31, 2021

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. Let’s begin with a look at why, in general, retailers with multiple sales channels are more likely to experience difficulties in reducing cost-to-serve. Customer behaviour.

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Ship Monk

AUGUST 30, 2023

Today we’re going to look at how to calculate ecommerce conversion rates, identify some things that may be turning customers away, and what you can do to improve conversion rates. Some visitors are just browsing or comparing prices and not ready to make a purchase, no matter how tempting your products are. Do Saturdays count?

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3PL Links

MAY 23, 2024

This phenomenon has opened up consumption by making it possible for consumers to buy unique, cutting-edge goods at cheap costs without having to travel far from their homes. This kind of product has gained enormous popularity abroad, and its success serves as an example of industry trends worldwide.

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GoShip Blog

JANUARY 11, 2023

Learning how to work through labor shortages keeps your business competitive and your customers satisfied. . For example, international port delays due to insufficient dockworkers will have a trickle-down effect on the order fulfillment processes of many businesses before the products even reach their destination countries.

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Logistics Bureau

NOVEMBER 8, 2021

Because you can find plenty of other articles on this blog and the Logistics Bureau blog if you’d like to peruse such lists. Supply chain management objectives can encompass several success factors, including cost reduction, supply chain speed, efficiency, and service improvement. Conflicting KPIs: A Brief Example.

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Freightera

MAY 31, 2022

And by process of elimination, you’ll be able to check out if this service type suits you or if you need something else. For example, carriers may not know their pricing too far ahead of time because they cannot possibly predict their availability, so prices might fluctuate heavily. 1) Save up your cargo.

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GlobalTranz

MAY 23, 2017

We work with a lot of manufacturing companies and one of the questions we get most often is 'Why do we need to blog'? Often followed by 'How do we blog for manufacturing'? A word about what a blog is. But a blog is not all writing and the part that is written should be conversational and natural. Podcast or audio.

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GlobalTranz

APRIL 20, 2021

Large companies with a supply chain risk strategy already in place couldn’t fully cope with the impact of the pandemic. It’s the result of a deliberate strategy that may require tradeoffs compared to other approaches. This strategy requires greater investment and inventory carrying costs but enables continued production.

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Freightera

MARCH 3, 2023

Proven and Attainable Ways Our Carriers Use to Reduce Emissions While Shipping Less Than Truckload Freight The world is facing unprecedented challenges when it comes to the environment, and reducing emissions from the transportation of goods is a crucial part of the solution. This is one of the main reasons why Freightera exists.

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Blue Grace Logistics

NOVEMBER 28, 2023

Growers, shippers, and retailers with advanced supply chain strategies are earning consumer loyalty, thanks in part to the supply chain professionals who plan, execute, and adapt to the challenges posed by fresh produce. A perfect example of how the transitional seasons demand the produce supply chain is built to be nimble and adaptable.

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3PL Links

FEBRUARY 26, 2024

Learn about the idea of outsourced storage, how it operates, and its primary benefits in the upcoming topics. Read also: How to Manage a Warehouse: The 10-Step Guide to Logistics Management What is warehouse outsourcing? Reducing expenses is unquestionably necessary to turn logistics into a differentiator in the marketplace.

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Ship Monk

JULY 20, 2023

Carriers adjust their base rates annually according to projected operating costs, shipping capacity, forecasted demand, fuel prices, and other factors. Surcharges are meant to help shipping carriers cover increases in operational costs due to forces outside their control, such as fuel price increases and rising labor costs.

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GoShip Blog

JUNE 6, 2022

Learn how to do it within your budget. These shifts form a complete cycle of pricing policies in the supply chain and logistics during the year. Understanding the freight shipping rates cycle will help you recognize the early signs of market shifts and modify your logistics strategy dynamically. Freight shipping rates cycle.

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EazyStock

MARCH 4, 2021

How to Increase Inventory Turnover with Inventory Optimization. This post will explain how, but first, let’s deal with a few simple definitions. Here are six inventory optimization strategies to improve inventory turnover without damaging stock availability: Know your inventory items’ position in their product life cycle.

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Blue Grace Logistics

AUGUST 3, 2021

Companies have the right to receive the best service and the best price from their suppliers, and the relationship between shippers and suppliers is a key component to a successful partnership. What This Blog Is About: How to build a mutually beneficial relationship based on trust & credibility with your suppliers.

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Blue Grace Logistics

MARCH 11, 2021

Normal operational conditions and the strategies used to manage them have gone out the window, with costly results. Containers are scarce, even at premium prices. Establish proactive strategies that factor in supply chain disruptions and detect early signs of trouble. Risk Management.

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EazyStock

MARCH 17, 2021

In this piece, we’ll take a look at some of the top types of supply chain disruptions, the impacts that they have on your supply chain, how to mitigate whatever risk you can and finally how you can handle supply chain disruptions once they occur and come out on top. Price Changes/Fluctuations. Cyber Attacks.

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Ship Monk

JUNE 30, 2023

We’re going to show you how to identify KPIs for your business by breaking the process down into three parts. Start with the goal you’re trying to reach and work backwards to determine the actions you need to take, and how to measure their success. Profit Margin by Product: Sales price per unit minus the cost of goods sold per unit.

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EazyStock

APRIL 18, 2023

Our eGuide, Supply chain and logistics management trends for 2023 , looks at potential issues facing supply chain managers this year and how to respond. In this blog, we focus on how supply chain and inventory management professionals can mitigate the impact of high inflation and interest rates. in 2023 and 4.3%

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GoShip Blog

DECEMBER 28, 2022

How to Package Clothing. Using appropriately-sized materials reduces the chances of the clothes getting ripped or torn during shipping and keeps them in the best shape possible. Mailers or poly bags are an excellent alternative to boxes for shipping small clothing items because they reduce the risk of damage and are cheaper.

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GoShip Blog

JULY 24, 2023

To ensure you’re getting the best Full truckload shipping rates, it’s important to know when to use FTL and how to find the best rates. This blog post will discuss when to use FTL and how to get the best Full truckload shipping rates. However, it can be costly. What Is Full Truckload Shipping?

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SYSPRO Smarter ERP

JANUARY 12, 2022

They have a contract with a supplier who delivers on time, and who charges acceptable prices. The first stage of reimagining procurement is to look at sourcing strategies. The two main pillars of sourcing will be alternative suppliers and alternate pricing. The reduction of manual processes also decreases the manual workload.

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GoShip Blog

AUGUST 30, 2022

How to benefit from spot shipments. In overstocking situations, shippers try to reduce prices, organize sale programs, or send some items as gifts to their customers. For example, it’s better not to risk your products’ quality if you can’t find an available reefer truck. Also, analyze spot market prices before booking.

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Ship Monk

DECEMBER 30, 2020

Slightly inflate the prices of your products so that they cover part of the shipping, while still technically keeping shipping free. For example, your shipping rate could be $5 for orders within 50 miles of your warehouse, $10 for 100 miles, and so on and so forth. Our blog newsletter has you covered. No guesswork needed!

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Locus

JANUARY 20, 2022

Reduction in purchases of non-essential items, reduced travel expenditure and an increased focus on home and self care are examples of this change. In-home beauty services do away with that so the same treatments can be enjoyed at a more affordable price. This is primarily reflected in a shift to online shopping.

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GoShip Blog

JULY 25, 2022

Due to the recent boom in e-commerce sales and rapidly changing consumer expectations, business owners must rethink their shipping strategies to maintain a competitive edge and keep their customers satisfied. A multi-carrier shipping system allows you to compare the prices of several carriers, and choose the most cost-effective option.

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GlobalTranz

JULY 7, 2021

Shippers should understand these layers of logistics and how each brings value to a logistics strategy. In the example of a book publisher, if the fulfillment center subcontracts out its shrink-wrapping and freight weighing to other companies, then the center acts a 4PL provider.”. What is the difference between 3PL and 4PL?

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SYSPRO Smarter ERP

DECEMBER 19, 2022

Inventory optimization is the process of maintaining the right amount of inventory required to meet demand, in the right locations, at the same time reducing inventory-related costs, and avoiding common inventory issues such as stockouts, overstocking, and backorders. Inventory optimization. Challenges of IO and AI.

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