Logistics Bureau

JUNE 5, 2023

But do you know how to operate your fleet for the maximum economy? How to Reduce Truck-Related Costs Trucks and vans are not cheap to run, so if you can save even a little on the cost of operating each vehicle in your fleet, those savings can mount up to a lot—and the more extensive your truck fleet, the more you can save.

Cost Reduction 73

Cost Reduction Purchasing Skills Price Reduction Waste Reduction 73

Ship Monk

JUNE 5, 2023

Anyone who owns an ecommerce brand has unwittingly been through a crash course in ecommerce logistics. When you consider that over 20% of ecommerce orders are returned, you realize the importance of managing the reverse logistics process efficiently. With MonkProtect, customers can access a branded tracking page to track their order.

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Reverse logistics eCommerce Logistics Network Optimization Software Supply Chain Planning Software 52

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. Furthermore, many people put products in a cart simply to see how much an order is going to cost with shipping and tax.

eCommerce 52

eCommerce How To Procurement Analytics Purchasing Skills 52

Ship Monk

FEBRUARY 16, 2023

Even a few years ago before the Covid pandemic kicked ecommerce into high-gear, 83% of US online shoppers asserted free delivery was the most important factor when ordering online. Minimum Order Value You don’t want the cost of your customers’ happiness to be your profits. Only Prime members enjoy that perk.

Cost Reduction 52

Cost Reduction Negotiating Skills Inventory Reduction Purchasing Skills 52

Logistics Bureau

NOVEMBER 16, 2020

For example, a member of the sales team could apply to become a purchasing agent, based on her experience of negotiating sales deals. For example, you can be doing finance in supply chain, or you can be doing operations. If university study is a little beyond you right now, one of the certification courses might work better for you.

Supply Chain Planning Software 115

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 115

Logistics Bureau

NOVEMBER 8, 2021

So, for example, if your business competes strongly on price, you might go heavy on the cost-reduction side of supply chain management, setting objectives centered on savings. Conflicting KPIs: A Brief Example. The Importance of Aligned Objectives.

Supply Chain Software 81

Supply Chain Software Supply Chains Scenario Planning Cost Reduction 81

Logistics Bureau

JULY 18, 2022

All the same, it can be challenging to know where to start, what steps to take, and in what order to take them to establish a realistic and effective supply chain strategy. For example, you don’t want to assume that a single logistics strategy and service approach will meet all your customers’ needs. It may do, but how do you know?

Inventory Reduction 106

Inventory Reduction Resource Reduction Vendor Strategies Cost Reduction 106

WorkWave

AUGUST 4, 2020

You may want to solve it to accomplish any number of goals, such as accommodating a change in your fleet, like an unexpected breakdown; minimizing the number of delayed orders when a sudden spike in demand arises; or, most commonly, ensuring that your fleet is operating as efficiently as possible to minimize your transportation costs.

How To 87

How To Optimization Software Optimization Modeling Optimization 87

The Lean Thinker

JANUARY 25, 2024

I outlined the typical scenario – the map is built by the Continuous Improvement Team, and they are the ones primarily engaged in the conversations about how to close the gap between the current state and the future state. Since it was a make-to-order shop, this was, shall we say, challenging for the customer relationship people.

Waste Reduction 195

Waste Reduction Ordering Material Savings Cost Reduction 195

Ship Monk

FEBRUARY 18, 2021

Apparel, for example, has too many subdivisions to be a true niche — there’s athleisure, swimwear, cocktail dresses, and so on and so forth, to infinity and beyond. Going back to the apparel example, let’s say a prospective buyer is looking for a shirt. How to Choose Your eCommerce Niche. What Are Niches Not?

eCommerce 67

eCommerce How To Cost Reduction Course 67

Logistics Bureau

NOVEMBER 15, 2021

Of course, you will need KPIs that cover each of these elements, so to help you select the right ones, the following sections provide overviews of some of the most useful KPIs in each category. First, of course, you will need some way to measure the rate at which your workforce is picking orders. 1) Speed up the Warehouse.

Inventory Reduction 62

Inventory Reduction Cost Reduction Expense Reduction How To 62

Ship Monk

DECEMBER 30, 2020

Here are our best hacks: Offer free shipping only after an order exceeds a certain threshold. Flat rate shipping is when every order is charged the same for shipping, regardless of weight or destination. If you choose this option, you’ll need to do some light math in order to figure out what rate works for you.

How To 64

How To Cost Reduction Purchasing Skills eCommerce 64

WorkWave

FEBRUARY 13, 2024

Mastering how to hire a delivery driver is essential in today’s fast-paced market, where excellent customer service and timely deliveries are key. Conducting Effective Interviews In order to evaluate all candidates fairly, ensure that when you conduct interviews, you ask each one similar questions. Ready to elevate your business?

Negotiating Skills 52

Negotiating Skills Buyer Training How To Document 52

The Lean Thinker

MARCH 23, 2023

During the war there was huge growth and turnover within the industrial base as production shifted from civilian products (locomotives, for example) to wartime production (tanks). The challenge, of course, is that nobody owns this material. Now… reality is more subtle than this, of course. War Manpower Commission.

Buyer Training 195

Buyer Training Material Savings Course Optimal Sourcing 195

Ship Monk

MARCH 12, 2024

When it comes to ecommerce orders, that also means experiencing different ways to order products within the same website. Kitting Is the process of combining two or more related items into one ecommerce order bundle. An example of this could be ordering a custom car. People experience products in different ways.

eCommerce 99

eCommerce Logistics Network Optimization Software Inventory Reduction Material Savings 99

Ship Monk

MARCH 14, 2023

Example: a bicycle is more eco-friendly than a sedan, but a sedan is more eco-friendly than a Hummer. Eco-Friendly Packaging and Shipping Materials Packaging and shipping materials are a vital part of every ecommerce order, especially considering how many packages need to travel great distances.

Material Savings 52

Material Savings eCommerce Packaging Ordering 52

Ship Monk

MARCH 14, 2023

Example: a bicycle is more eco-friendly than a sedan, but a sedan is more eco-friendly than a Hummer. Eco-Friendly Packaging and Shipping Materials Packaging and shipping materials are a vital part of every ecommerce order, especially considering how many packages need to travel great distances.

Material Savings 52

Material Savings eCommerce Packaging Ordering 52

Conger

JANUARY 7, 2022

So, this article is all about how to calculate your minimum forklift aisle widths. How to calculate minimum aisle widths for your operation. How Narrow Aisles Maximize Space. How Narrow Aisles Maximize Space. How to Calculate Minimum Aisle Widths. How Narrow Aisles Maximize Space. Order Pickers.

How To 52

How To Material Savings Trucking Warehousing 52

EazyStock

NOVEMBER 19, 2021

Safety stock is a key element of the reorder point formula: The purpose of safety stock is to minimize disruption to order fulfilment while investing the lowest possible amount of capital in inventory. Let’s introduce Mary’s Plumbing Warehouse as an example. In reality, of course, this rarely happens.

How To 52

How To Inventory Reduction Inventory Optimization Modeling 52

Conger

JULY 20, 2020

Chapter 4: How to Pass Your Forklift Certification Test With Flying Colors. How to Decide If the ‘Operator’s Life’ Is Right for You. Chapter 6: How to Get a Job as a Forklift Driver. Part I: How to Get a Forklift License. Of course not. How to construct, transport, stack, and unstack loads.

How To 63

How To Buyer Training Training Course 63

Ship Monk

AUGUST 12, 2020

Of course, the proper tools are no good without the proper technique, but — shocker — Amazon has you covered! For example, let’s say you sell phone cases. Sales channel diversification is super important, which is why you should also check out our article on how to add some pizzazz to your non-Amazon product pages. Talk to us !

Production 56

Production How To Procurement Solutions Presentation 56

Logistics Viewpoints

APRIL 19, 2023

Second, what is autonomous planning in supply chain, and what are some practical examples? And finally, how does a company achieve autonomous planning? Then there’s the question of how much to hold at the central warehouse to replenish the MFCs as well as how to dynamically allocate receipts at the cross-docks.

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Supply Chain Planning Software Optimal Sourcing Scenario Planning Manufacturing Procurement 132

Logistics Bureau

JULY 11, 2022

Hopefully these examples will prove helpful if you are building a new supplier scoring process, overhauling your existing metrics portfolio, or just looking for some practical supplier performance measurement ideas. SEE ALSO: How to Address Chronic Poor Supplier Performance. Quantity Ordered versus Quantity Received.

Procurement Analytics 107

Procurement Analytics Procurement Solutions Purchasing Skills Inbound 107

Ship Monk

JANUARY 11, 2024

Of course, the opposite is also true — when handled poorly, returns can hurt your brand. Sunken costs: This includes the labor and packaging to fulfill the original order, plus shipping, insurance, duties, and any other fees. Let’s take apparel, for example. the cost of goods sold). And this applies to every sales channel.

Procurement Solutions 90

Procurement Solutions Inventory Reduction Supply Chain Planning Software Material Savings 90

Ship Monk

FEBRUARY 9, 2024

As the holiday shopping season reaches its peak, ecommerce business owners everywhere are crossing their fingers, hoping they have enough product in stock and that they didn’t order too much. In a few short weeks they’ll find out just how accurate their demand forecasting method was.

eCommerce 84

eCommerce Inventory Reduction Operations Modeling Software 84

Ship Monk

APRIL 4, 2023

It’s been a while since you placed your ecommerce order so it seems like it may be time to face facts. In fact, there are many steps you can take before an order ships to make sure it doesn’t go adrift in the cardboard sea. Of course (see what we did there?) to see how durable your chosen delivery method is. #2

Packaging 79

Packaging Tips eCommerce Inventory Reduction 79

Logistics Bureau

MARCH 14, 2018

Conversely, of course, this also means there are a number of ways in which companies can get it wrong. So when those “too good to turn down” discounts come along, it’s worth trying to arrange with suppliers to get the large orders delivered in smaller batches, as and when you need them. #2: 2: Failing to Optimize Picking Paths.

Warehousing 92

Warehousing Inventory Reduction Cost Reduction Expense Reduction 92

WorkWave

JANUARY 15, 2021

Now, you need to learn more about the industry and how to start a tree service business. In turn, this will maximize your chances of booking work quickly and easily, and of course, your profits. How Much Does a Tree Care Business Make? You can test the waters by starting a tree removal business only, for example.

How To 52

How To Price Reduction Expense Reduction Optimization Software 52

Logistics Business Magazine

OCTOBER 9, 2023

Currently, there isn’t a full order file at the beginning of the day, or at the point where drivers and routes have to be fixed for the next day’s operations. Intelligent systems can continually replan, modify and optimise the routes as the order profile builds up.

Warehousing 61

Warehousing Sourcing Strategies Supply Chain Planning Software Resource Reduction 61

Ship Monk

FEBRUARY 8, 2023

Metrics like conversion rates and average order value can keep you up at night when you’re not meeting revenue goals. In any ecommerce business, warehousing, ecommerce order fulfillment and shipping are among your largest line-item costs. But how do you identify what is going well and what needs improving?

Optimal Sourcing 59

Optimal Sourcing Operations Optimization Software Inventory Reduction 59

Ship Monk

FEBRUARY 13, 2024

And how in the world did that ecommerce company manage to ship it to me for nothing? Today, we’re going to discuss how package weight affects ecommerce shipping rates. How to Calculate DIM Weight 1. Split orders into two or more packages if the combined contents pushes it over the weight limit. Let’s get started!

eCommerce 87

eCommerce Material Savings Negotiating Skills Cost Reduction 87

Conger

JULY 6, 2023

10 OSHA Forklift Refresher Training Examples How to Choose a Quality Forklift Refresher Training Program Where to Find Forklift Refresher Training Courses Forklift Refresher Training Formats: Online, In-Person, and Hybrid Common OSHA Forklift Refresher Training Requirements Questions What Are OSHA's Forklift Refresher Training Requirements?

Buyer Training 52

Buyer Training Training Material Savings Course 52

Turvo

MAY 29, 2020

It’s not enough to simply know what happened; companies need to know how to apply information. For example, as explained by Deloitte , supply chain leaders must follow key steps to applying analytics and technology to respond to crises and maintain business continuity. Use analytics to understand the full order and shipment lifecycle.

Supply Chain Planning Software 53

Supply Chain Planning Software Supply Chain Software Supply Chains Scenario Planning 53

Ship Monk

FEBRUARY 3, 2024

Your products are different, your sales cycle might be longer or shorter, your customers are different — so it’s useless to compare your conversion rate, for example, to an industry average. Of course, what you say is just as important as how you say it. Anywhere from 15 to 98 characters and 3 to 9 words seems to be okay.

eCommerce 81

eCommerce Tips Procurement Solutions Logistics Network Optimization Software 81

Logistics Bureau

OCTOBER 20, 2021

Perfect Order. Even if you chose no other KPIs for your supply chain organisation, you’d do well to consider perfect order as an absolute essential. Unlike most of the KPIs we recommend, perfect order is a composite of several elementary metrics. Calculating the Perfect Order. x 0.96 = 0.8661.

Supply Chain Design Software 96

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 96

Logistics Business Magazine

JUNE 22, 2023

Here, WITRON was one of the pioneers in the industry, as we have been working intensively for more than 20 years on how to minimize the lifting and carrying of heavy loads for employees in the distribution centre. How, for example, must future user interfaces or tools be designed? Schweiger has been with WITRON for ten years.

Supply Chain Design Software 59

Supply Chain Design Software Logistics Network Optimization Software Optimal Sourcing Optimization Software 59

Logistics Business Magazine

JULY 6, 2022

As the environmental impact of supply chain activities is more widely understood, now is the time for supply chain professionals to prioritise sustainability in their logistics plans in order to be both successful and make a positive global impact, says IMHX 2022 Event Director, Rob Fisher.

Supply Chain Planning Software 63

Supply Chain Planning Software Supply Chain Design Software Manufacturing Procurement Sourcing Strategies 63