Logistics Problem Solving

JUNE 30, 2017

Logistics strategy has evolved over the past few years. After the great recession, carriers took a serious look at costs and started to rationalize their pricing. This put a lot of pressure on shippers as the old strategy of yelling louder at their carrier was no longer effective to reduce costs. Look Before You Leap.

Resource Reduction 59

Resource Reduction Cost Reduction Price Reduction Strategy 59

Logistics Viewpoints

JULY 12, 2022

This practice is typically owned by the sales and/or marketing organization, which is why it is so important for transportation and logistics departments to have input into customer service strategies. For example, do all customers need to be serviced equally regardless of size? This is where finance can help.

Cost Reduction 155

Cost Reduction Material Savings Resource Reduction Price Reduction 155

GlobalTranz

AUGUST 24, 2015

However, one of the most important aspects of supply chain strategies is often overlooked: the reverse supply chain (also referred to as reverse logistics ). A reverse logistics strategy provides a path for removing the existing equipment to make way for the next era of equipment in the case of end of life products or new upgrdes.

Price Reduction 97

Price Reduction Resource Reduction Expense Reduction Material Savings 97

CH Robinson Logistics

JUNE 10, 2021

In today’s market, knowing where to evaluate and adjust your LTL capacity strategies can feel overwhelming. But making faster, meaningful improvements to your LTL supply chain strategies and operations can be a seamless process that makes a positive impact on your business. Create a pick schedule that carriers value.

Cost Reduction 71

Cost Reduction Price Reduction Strategy Supply Chain Planning Software 71

Logistics Problem Solving

JUNE 30, 2017

Logistics strategy has evolved over the past few years. After the great recession, carriers took a serious look at costs and started to rationalize their pricing. This put a lot of pressure on shippers as the old strategy of yelling louder at their carrier was no longer effective to reduce costs. Look Before You Leap.

Resource Reduction 48

Resource Reduction Cost Reduction Price Reduction Strategy 48

The Logistics of Logistics

MAY 18, 2022

Data is a big buzzword across industries, but how about when it comes to logistics? In this episode, Joe Lynch sits down with William Sandoval , the Senior Vice President of Product Management and Strategy at PowerFleet Inc. Beyond The Data with William Sandoval. Our topic is beyond the data with my friend William Sandoval.

Data 311

Data Modeling Software Supply Chain Design Software Optimization Software 311

GlobalTranz

JULY 20, 2018

In an environment of increasing freight costs, greater pressures on supply chains, and ever-expanding competition, shippers need to focus on where they can cut costs and increase operational efficiency. A shipping network strategy must consider shipping profiles for different times of the year. download ebook.

Cost Reduction 48

Cost Reduction Inventory Reduction Price Reduction Optimization Modeling 48

Logistics Viewpoints

JUNE 6, 2022

Running more efficient routes, with more fully loaded trucks, saves money and reduces emissions. The desire to improve service, reduce cost, and reduce emissions, is part of the reason their customer Unilever selected their solution. For example, Oracle is using average emission from a 5-ton truck, or a bulk tanker.

Cost Reduction 134

Cost Reduction Price Reduction Supply Chain Planning Software Scenario Planning 134

Logistics Business Magazine

SEPTEMBER 7, 2023

Most shippers, carriers and logistics service providers understand the importance of data collection and data-driven decision-making. Data collected over time provides intelligence, enabling companies to enhance long-term decision-making. Artificial intelligence is a potent tool that helps companies get the most from their data.

Logistics Network Optimization Software 65

Logistics Network Optimization Software Data Modeling Software Negotiating Skills 65

The Logistics of Logistics

FEBRUARY 11, 2022

You are Making Significant Logistics Strategy Changes : When you realize that your current WMS cannot support new processes effectively or at all. You are Facing New Omnichannel Fulfillment Requirements : The boom of ecommerce and direct to consumer demands require new strategies and cutting-edge WMS capabilities.

Modeling Software 221

Modeling Software Logistics Network Optimization Software Cost Reduction Vendor Strategies 221

ShipLilly

JUNE 9, 2021

For example, the lack of pallets has a tremendous effect on the supply chain for many companies. Lumber price increments have exponential impacts on the cost of manufacturing wood pallets. Manufacturers are passing on these costs by way of increased asking prices. Homebuilding drives up the price of lumber.

Price Reduction 98

Price Reduction Expense Reduction Material Savings Sourcing Strategies 98

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. It is much better to look before you leap and test against historical data before you deploy. When Standardized Data is not Standardized Data.

Expense Reduction 59

Expense Reduction Cost Reduction Price Reduction Strategy 59

Logistics Viewpoints

JANUARY 18, 2024

1) Streamlined Data Flow and Process Automation Is all about AI At the heart of effective supply chain automation lies the seamless flow of data across various sources and digital platforms, akin to a well-constructed highway for data. 2) AI-Infused Data Quality Assurance Ok, we built the proverbial highway.

Supply Chain Software 149

Supply Chain Software Supply Chain Planning Software Supply Chain Design Software Supply Chain Design 149

Logistics Viewpoints

DECEMBER 2, 2021

Importers will look for near-term strategies to move their shipments away from congested trade lanes or process containers further inland to minimize the impact of lead time variability that has dramatically increased in 2021. Online buying will fuel home delivery growth, challenges and new strategies.

Waste Reduction 187

Waste Reduction Cost Reduction Inventory Reduction Resource Reduction 187

WorkWave

FEBRUARY 9, 2024

One effective strategy that’s been gaining traction is price bundling. Also known as packaged pricing, this strategy involves bundling various services together and charging one price. Why Does Bundle Pricing Really Work? Here’s why: Bundled pricing simplifies the purchasing process for customers.

Price Reduction 52

Price Reduction Purchasing Skills Tips Procurement Solutions 52

FreightWaves SONAR

MARCH 26, 2024

This is where being able to monitor tender data at the market level can become your secret superpower. Take, for example, the market of Twin Falls, Idaho in comparison to Lakeland, Florida. Tender data uniquely uncovers greater visibility into volumes and supply/demand metrics where seasonal impacts will make an impact.

Supply Chain Planning Software 52

Supply Chain Planning Software Negotiating Skills Data Scenario Planning 52

SYSPRO Smarter ERP

SEPTEMBER 27, 2021

Data is a crucial component of digital transformation in the manufacturing sector. However, data in itself is not a value driver. Many manufacturers aren’t maximizing the value from enriching data and missing out on opportunities to grow, optimize or manage risk. Share data for partnership and growth.

Manufacturing Procurement 105

Manufacturing Procurement Data Modeling Software Optimization Software 105

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. It is much better to look before you leap and test against historical data before you deploy. When Standardized Data is not Standardized Data.

Expense Reduction 48

Expense Reduction Cost Reduction Price Reduction Strategy 48

Logistics Bureau

SEPTEMBER 4, 2023

If your business is experiencing a persistent reduction in profit margins, analysing your cost to serve is an advisable step in diagnosing the causes. Process Performance What if the problem isn’t connected to products, customers, or pricing but lies instead with process performance? Are Your Profit Margins Declining?

Negotiating Skills 89

Negotiating Skills Purchasing Skills Cost Reduction Analysis 89

FreightWaves SONAR

MAY 14, 2024

Aggressive pricing/cost savings strategies have contributed significantly to creating a sustained volatility in the domestic transportation market. Shippers drive prices higher when they bid against one another for available capacity in tight markets. Carrier networks tend to be relatively congruent with national trends.

Price Reduction 52

Price Reduction Material Savings Cost Reduction Sourcing Strategies 52

SYSPRO Smarter ERP

MAY 2, 2024

Although machine learning models have been in place for some time, they are now becoming much more prevalent because of the high volumes of data in ERP systems. AI also enhances manufacturers’ ability to collect, aggregate and analyze sensor data in real time for production analytics.

ERP 59

ERP Supply Chain Planning Software Modeling Software Optimization Software 59

SYSPRO Smarter ERP

JUNE 5, 2023

It’s common that manufacturing and distribution enterprises would use a third-party Business Intelligence (BI) solution to analyze and interpret data from their ERP system. One of the key strategies is leveraging embedded analytics within their ERP system to make faster data-driven decisions.

Optimization Software 98

Optimization Software ERP Price Reduction Cost Reduction 98

Freightos

JANUARY 15, 2024

For example, the Freightos Baltic Index indicates a 69% increase to North America’s East Coast and a staggering 226% to Northern Europe since the crisis began. It may be off a lower-than-normal base price but for importers and exporters suffering from lower sales, it’s almost certainly troubling news.

Negotiating Skills 114

Negotiating Skills Optimal Sourcing Price Reduction Cost Reduction 114

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? At that point, each SKU will be taken to any convenient storage location in the warehouse.

Inventory Reduction 87

Inventory Reduction Eliminating Excel in Purchasing Inventory Waste Reduction 87

Freightos

APRIL 25, 2024

The Air Cargo Context Given its premium price, air cargo has historically been reserved for higher-cost, lower-volume products, avoiding the lower-margin, higher-volume products that Shein and Temu focus on. rates soared to about $13/kg due to pandemic-driven demand and reduced capacity. These rates dipped to around $3.50/kg

Cost Reduction 87

Cost Reduction Cargo Price Reduction Resource Reduction 87

SYSPRO Smarter ERP

MAY 14, 2024

As recently as 2021, survey data reveals that 98% of manufacturers have, are, or are planning to implement an eCommerce strategy. Unifying data across silos: Often, critical business information resides in separate, siloed databases, complicating the task of unifying data for online sales.

Manufacturing Procurement 110

Manufacturing Procurement eCommerce Supply Chain Planning Software Optimization Software 110

Blue Grace Logistics

MARCH 17, 2022

High priced diesel fuel impacts the total cost of transportation through fuel surcharges. How high diesel prices may change future freight procurement strategies. How high diesel prices may change future freight procurement strategies. Reduce Deadhead (DHD) Miles. BlueGrace can help. Why is this?

Cost Reduction 62

Cost Reduction Price Reduction Expense Reduction Waste Reduction 62

GoShip Blog

NOVEMBER 15, 2023

Imagine planning a trip and getting the wrong ticket price because someone mistyped a number. Now, scale that up to the world of freight shipping, where a small data slip can mean big money lost. In the freight shipping industry, the accuracy of freight data is more than just a detail. Data inaccuracies can disrupt logistics.

Cost Reduction 52

Cost Reduction Supply Chain Planning Software Sourcing Strategies Data 52

Parade

DECEMBER 21, 2021

Here’s why technology should be part of your overall strategy. Brokerages across the globe have turned to technology for a competitive advantage, helping them increase sales, get loads covered, improve customer experience, and cut out the busy work that slows them down. They could be missing out in consequence.

Supply Chain Planning Software 78

Supply Chain Planning Software Price Reduction Scenario Planning Supply Chain Software 78

Parade

DECEMBER 21, 2021

Here’s why technology should be part of your overall strategy. Brokerages across the globe have turned to technology for a competitive advantage, helping them increase sales, get loads covered, improve customer experience, and cut out the busy work that slows them down. They could be missing out in consequence.

Supply Chain Planning Software 78

Supply Chain Planning Software Price Reduction Scenario Planning Supply Chain Software 78

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.

Supply Chain Planning Software 115

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

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. By minimizing fuel consumption, reducing vehicle wear and tear, and optimizing driver schedules, businesses can cut down on operational costs associated with logistics.

Optimization Software 105

Optimization Software Optimization Logistics Network Optimization Software Cost Reduction 105

Logistics Viewpoints

DECEMBER 7, 2021

Carrier capacity management strategies ease the crunch. Proactive shippers have used multi-carrier parcel shipping technologies and strategies to navigate rising carrier costs for years. Multi-carrier shipping strategies also need rules in place related to delivery time requirements, special conditions (hazmat, refrigeration, etc.),

Price Reduction 115

Price Reduction Cost Reduction Inventory Reduction Capacity 115

FreightWaves SONAR

APRIL 1, 2021

That gave rise to a new time pricing strategy, dimension (DIM) pricing. . Density plays a role in the form of dimensional pricing. DIM pricing considers cubic volume in addition to physical height, width and depth of packages as a factor for price calculations. Capture pricing data for LTL freight.

Negotiating Skills 98

Negotiating Skills Price Reduction Trends How To 98

Logistics Viewpoints

FEBRUARY 29, 2024

UPS dominated business and trade headlines for a day in late January when the world’s largest package delivery company announced plans to cut 12,000 full- and part-time management jobs as part of a new initiative called “Fit to Serve.” What stood out even more was the “subhead” of UPS’ announcement. Emphasis mine.)

Supply Chain Planning Software 143

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Resource Reduction 143

Conger

MARCH 22, 2024

In this article, we explore how these AGVs are changing the warehouse industry by minimizing human error, reducing labor costs, and setting new standards for productivity and safety. By taking over repetitive tasks from humans, AGVs cut down on workplace injuries caused by overexertion or human error. Let’s dive in!

Materials Handling 79

Materials Handling Material Savings Supply Chain Software Cost Reduction 79

Conger

DECEMBER 13, 2022

If you're looking for ways to reduce lead times, you’re in the right place. Because in this post, you’ll find 11 effective strategies for doing just that. Identify and Eliminate Bottlenecks. The closer the supplier is to your warehouse or manufacturing plant or location , the easier it is to reduce lead times.

Manufacturing Procurement 52

Manufacturing Procurement Inventory Reduction Vendor Strategies Waste Reduction 52