Logistics Business Magazine

MAY 22, 2023

It requires the company to examine, and importantly to keep examining, its whole operation, from Board-level strategies and policies down to the individual processes and procedures that govern or affect the delivery of quality in goods and services. Our experience at Bis Henderson Space serves as a good example.

Cost Reduction 63

Cost Reduction Warehousing Course Exercises 63

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. Sins of Omission.

Expense Reduction 48

Expense Reduction Cost Reduction Price Reduction Strategy 48

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. We’ll begin with a look at pricing strategy. Do You Lack Confidence in Your Pricing Strategies? It’s unlikely, however, that the effects of your pricing strategies are quite that simple.

Negotiating Skills 89

Negotiating Skills Purchasing Skills Cost Reduction Analysis 89

FreightWaves SONAR

JANUARY 21, 2021

The needs to improve fleet asset utilization and to maintain better control over trucking costs are absolute. Establishing and maintaining such connections allow applications to exchange information more effectively. And of course, it hinges on the ability to understand and maintain consistency in your metrics. .

Data 98

Data Sourcing Strategies Tips Optimal Sourcing 98

Stord

MAY 15, 2024

For example, parcel carriers normally sort and scan only in the evenings, and with a few exceptions only on weekdays. For example, inefficient processes following pick/pack steps such as improper sorting, labeling, or loading packages onto the incorrect carrier vehicle can significantly delay the movement and scanning of packages.

Sourcing Strategies 78

Sourcing Strategies Logistics Network Optimization Software Supply Chain Design Software Packaging 78

Conger

JANUARY 17, 2023

5S Warehouse Examples 5S Warehouse Training: How to Get Your Team Ready How to 5S a Warehouse Warehouse 5S Checklist Warehouse 5S FAQs Warehouse 5S Quiz What Is 5S? Warehouse 5S is a lean management strategy that helps warehouses accomplish a basic objective: making problems visible. Table of Contents What Is 5S? Green tag/red tag.

Waste Reduction 52

Waste Reduction Inventory Reduction Cost Reduction Resource Reduction 52

Logistics Viewpoints

FEBRUARY 28, 2022

In the course of updating our annual research on the supply chain planning market , I talked to executives across the industry. Alex Pradhan, Product Strategy Leader John Galt Solutions, told me that “all planning vendors have bold marketing around AI.” Lead times, for example, are a critical form of master data for planning purposes.

Supply Chain Planning Software 170

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 170

Logistics Viewpoints

MAY 24, 2022

Of course, you will need a team of dedicated IT specialists to keep the system running. This requires transferring your hardware infrastructure to a cloud hosting vendor who maintains the infrastructure for you. You’ll still need IT staff to maintain your software. The software is still under your control.

Modeling Software 113

Modeling Software Logistics Network Optimization Software Supply Chain Software Automation 113

Logistics Bureau

AUGUST 7, 2023

If so, you probably sell products through your online store (and perhaps other websites), social media platforms, and even physical sales outlets. Managing inventory in such a landscape can be challenging due to the complexity of tracking inventory levels across several channels and maintaining accurately synchronised records.

Inventory Reduction 89

Inventory Reduction eCommerce Inventory Procurement Solutions 89

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

Ship Monk

APRIL 5, 2024

We’re going to take a little time today to explore the benefits of maintaining a positive relationship with your suppliers. Of course, it wouldn’t be a business strategy if there weren’t a couple more acronyms to learn. SRM is more than a one-and-done analysis. And the benefits can be significant.

Negotiate Pricing 82

Negotiate Pricing Negotiating Skills eCommerce Purchasing Skills 82

Logistics Business Magazine

FEBRUARY 7, 2023

While it may seem counterintuitive that fire is even a risk in spaces designed to maintain cold temperatures, cold storage in fact presents a huge fire hazard for warehouse designers and builders, life safety installation companies and facility owners. What can be done to prevent a cold storage warehouse fire?

Material Savings 59

Material Savings Waste Reduction Expense Reduction Cost Reduction 59

Logistics Bureau

APRIL 3, 2023

So, for example, outsourcing sales activity is not typically a good idea if yours is a retail sales company. But, of course, what those circumstances are is for you to decide. But just because you can outsource it all doesn’t mean you should. Without further ado, then, let’s move on so I can fulfil the promise above.

Outsourcing 87

Outsourcing Optimal Sourcing Supply Chain Software Cost Reduction 87

Ship Monk

FEBRUARY 9, 2024

Of course, the more data you need and the more sophisticated your methods are, the more expensive demand forecasting becomes. For example, if you’re introducing a new product and there are no similar products to draw historical data from, qualitative research is a must to reduce risk.

eCommerce 84

eCommerce Inventory Reduction Operations Modeling Software 84

3PL Links

JANUARY 31, 2023

As a result of only investing in an expensive marketing strategy, you immediately miss the point. As a result, you maintain accurate records of the products that enter and exit your warehouse or storage facility. Track stock Of course, the first thing to consider is whether or not the stock is being monitored.

Inventory Reduction 62

Inventory Reduction Inventory Tips Expense Reduction 62

Logistics Viewpoints

NOVEMBER 10, 2022

Autonomous mobile robots (AMRs), for example, can perform many tasks in warehouse or distribution center settings (including moving pallets, product picking and fulfillment) that are typically viewed as repetitive or non value-added, thereby freeing the workforce to perform other activities and ultimately increasing productivity.

Supply Chain Software 118

Supply Chain Software Logistics Network Optimization Software Inventory Reduction Resource Reduction 118

Logistics at MPEPS at UPV

MAY 24, 2023

I was surprised by the quality-price of the menu (which included starter, main course, dessert and drink) as well as the good service of the staff. Although the food preparation processes are not automated, they have developed an efficient production line while maintaining the ‘homemade’ flavor.

Price Reduction 52

Price Reduction Inventory Reduction Cost Reduction Logistics Network Optimization Software 52

GoShip Blog

FEBRUARY 8, 2024

In this guide, we will give you the tools you need to better your shipping strategy. The course of action you need to take will ultimately depend on the type of damage that affects your freight shipments. For example, changes in climatic zones and moisture content result in container rain , leading to damaged freight.

Freight 52

Freight How To Cost Reduction Document 52

Logistics Bureau

FEBRUARY 6, 2023

Whatever the reason for neglecting to implement, maintain, track, and act on supply chain KPIs, it is a mistake you should avoid making. 2: Using KPIs That Are Not Aligned with Supply Chain Strategy We’ve stated many times in our articles that a supply chain strategy can only succeed when aligned with the overall business strategy.

Supply Chain Software 100

Supply Chain Software Supply Chain Design Software Supply Chain Planning Software Supply Chain Design 100

Freightos

OCTOBER 26, 2020

So three months after an executive meeting on June 23rd , an updated strategy was released, tracking a radical shift into a slimmer Maersk, focused on providing end-to-end logistics services. The Post-2016 Strategy: End-to-end Shipping. The shift to full end-to-end integration, of course, leaves no one else in the middle.

Logistics Network Optimization Software 114

Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Design Software Price Reduction 114

Forto

JANUARY 10, 2020

And with these factors as your tailwind we think that the following 8 strategies will take your business to the next level. In order to identify suitable cost saving measures, FreightHub offers companies exporting to China the opportunity to review their logistics strategy with our logistics expert. Finding The Best Costs.

Cost Reduction 40

Cost Reduction Price Reduction Sourcing Strategies Strategy 40

Logistics Bureau

MAY 24, 2021

It’s a good one to consider, and perhaps an appropriate stimulus for companies to review inventory performance and revise their strategies. Using the previous example, dividing 365 days by 10 gives you 36.5 Today, the question is more about how much inventory is sufficient to safeguard the supply chain from disruption.

Inventory Reduction 118

Inventory Reduction Inventory Supply Chain Planning Software Supply Chain Software 118

Logistics Bureau

AUGUST 1, 2022

Often, in our experience, the problem is a human one… It’s not the data, not the process, not the technology, or the strategy, but the people. So, for example, the Head of Supply might be the Supply Chain Director, Supply Chain Manager, or another non-executive supply chain management specialist. The Supply Chain Head.

Supply Chain Planning Software 104

Supply Chain Planning Software Scenario Planning Operations Supply Chain Design Software 104

Logistics Bureau

OCTOBER 10, 2022

For example, you can optimise for cost, profit, or service, but not for all of them. In this scenario, you might reduce control and inventory levels of your B and C-class products while ensuring sufficient A-class product cycle, buffer, and safety stock to maintain high availability. 2: Forecast Accuracy.

Inventory Reduction 114

Inventory Reduction Inventory Optimization Modeling Optimization Software 114

Logistics Bureau

JANUARY 7, 2020

Of course, it is helpful to have some statistics on hand to validate the statement above. Supply chain strategy is critical to business success, but companies often underestimate its importance and hence pay it less leadership attention than other areas of operation. Supply Chain Strategy. What’s wrong with this picture?

Supply Chain Design Software 122

Supply Chain Design Software Supply Chain Design Inventory Reduction Cost Reduction 122

ShipLilly

FEBRUARY 8, 2023

Of course, this is only possible with goods with a long expiry date. For example, some businesses could position themselves as the source for hard-to-find items that have not been recently stocked by most rivals. For example, companies should move away from over-purchasing even if there are optimistic projections for demand.

Inventory Reduction 52

Inventory Reduction Inventory Handling Price Reduction 52

Logistics Bureau

DECEMBER 19, 2022

Slotting a warehouse product is the same, for example, as placing your umbrella close to your front door at home, so it’s easy to pick it up and run when it’s raining, and you’re late for work. Therefore, any slotting strategy should focus on minimising such travel. Or a similarly sized reduction in warehouse labour costs ?

Production 92

Production Inventory Reduction Cost Reduction Resource Reduction 92

Locus

MARCH 27, 2024

By clubbing pickups and deliveries efficiently and maintaining transparent communication, retailers can not only trim down costs but also build stronger bonds of trust and loyalty with their customers, turning the challenge of returns into an opportunity for enhancing service excellence.

Cost Reduction 52

Cost Reduction Inventory Reduction Expense Reduction Resource Reduction 52

Conger

MARCH 14, 2024

With the help of this system, the operator can maintain load stability during transportation, thus preventing the load from shifting or falling off the forks. This valve helps maintain a consistent clamping force by releasing excess pressure when the force exceeds a limit, preventing damage to the forklift and its components.

Buyer Training 76

Buyer Training Trucking Material Savings Sourcing Strategies 76

Logistics Bureau

JANUARY 9, 2019

Of course, it is helpful to have some statistics on hand to validate the statement above. Supply chain strategy is critical to business success, but companies often underestimate its importance and hence pay it less leadership attention than other areas of operation. Supply Chain Strategy. Mini Case Study: Walmart.

Supply Chain Design Software 118

Supply Chain Design Software Supply Chain Design Inventory Reduction Cost Reduction 118

Bringg

FEBRUARY 28, 2019

For example, online grocery is predicted to grow by ~6x in North America, jumping from 2% to 12% of total spend, representing a $140 billion market by 2025. First, let’s take a look at the leading grocers, and the strategies that have netted them a considerable portion of the U.S. 3 Leading Strategies For Omnichannel Grocery.

Optimal Sourcing 48

Optimal Sourcing Expense Reduction Modeling Software Optimization Software 48

GlobalTranz

JULY 21, 2015

Leverage the Competitive Landscape : 3PLs in Southern California and in other major metropolitan areas will face the impact of escalating wages and related payroll taxes, and be forced to pass those increases on to their client’s in order to maintain margins. However, there could be an interesting dynamic.

Cost Reduction 94

Cost Reduction 3PL Purchasing Skills Strategy 94

SYSPRO Smarter ERP

NOVEMBER 25, 2021

This will also enable manufacturers to uncover new sources of value in services, for example, IoT devices will keep track of the final product from the factory to the customers’ hands. In the meantime, manufacturers need to consider these emerging technologies in their strategies. Human-tech augmentation. Sustainable supply chains.

Factories 105

Factories Supply Chain Design Software Supply Chain Planning Software Optimization Software 105

SYSPRO Smarter ERP

NOVEMBER 24, 2021

This will also enable manufacturers to uncover new sources of value in services, for example, IoT devices will keep track of the final product from the factory to the customers’ hands. In the meantime, manufacturers need to consider these emerging technologies in their strategies. Human-tech augmentation. Sustainable supply chains.

Factories 98

Factories Supply Chain Design Software Supply Chain Planning Software Optimization Software 98

Logistics Business Magazine

OCTOBER 9, 2023

That in turn can assist with the next topic, that of efficient order picking, which of course has its own pathing and routeing issues. AI will be able to improve the choice and operation of picking strategies – and the optimum may differ according to the type of goods, or even the time of day.

Warehousing 60

Warehousing Sourcing Strategies Supply Chain Planning Software Resource Reduction 60

Logistics Bureau

JULY 10, 2018

While the development of a wholly demand driven supply chain (DDSC) might not be for every enterprise, there is no doubt that many can benefit from such as strategy. “In a world that’s changing really quickly, the only strategy that is guaranteed to fail is not taking risks.” ” – Mark Zuckerberg.

Supply Chain Planning Software 48

Supply Chain Planning Software Supply Chain Design Software Inventory Reduction Supply Chain Software 48

GlobalTranz

JULY 8, 2015

And at the end, check out a nice infographic speaking more to reverse logistics strategies and practices. Throughout the course of business, there will be a series of recurring updates for equipment, software, and materials. For example, a returned product may only require rewrapping of exterior for sale to a secondary consumer.

Reverse logistics 110

Reverse logistics Material Savings Cost Reduction Logistics Network Optimization Software 110