Logistics Bureau

NOVEMBER 6, 2023

Recent studies have shown that among the challenges frustrating warehouse and distribution centre managers this year, rising energy and labour costs are two of the most often cited. We hope the tips and ideas in this article will help you make inroads into warehouse energy and labour cost reduction.

Cost Reduction 107

Cost Reduction Purchasing Skills Waste Reduction Material Savings 107

NGT News

JUNE 8, 2022

Both vehicle manufacturers and government officials have work to do as consumers in Canada trail those in the United States when it comes to electric vehicle (EV) purchase consideration. Power Canada Electric Vehicle Consideration (EVC) Study, 53% of consumers in Canada say they are either “very unlikely” or “somewhat unlikely” […].

Purchasing Skills 98

Purchasing Skills Manufacturing Procurement Study Government 98

Logistics Viewpoints

JUNE 8, 2023

Technology for All In a retail era dominated by e-commerce giants, customer expectations have shifted towards instant product delivery at no cost. Previously, only large companies such as Amazon and FedEx possessed the network and scale required for cost-effective same-day and next-day shipping.

Modeling Software 122

Modeling Software Optimization Software Supply Chain Design Software Logistics Network Optimization Software 122

Logistics Business Magazine

APRIL 7, 2022

Descartes Systems Group , a global leader in uniting logistics-intensive businesses in commerce, has released the results of a consumer sentiment study of ecommerce home delivery. Most importantly, it analyses the importance that consumers place on delivery performance and the impact of delivery failures on future purchases.

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Study eCommerce Procurement Solutions Procurement Analytics 50

Logistics Bureau

MAY 24, 2019

If you were to tell me that your company had never looked at its supply chain costs and sought to deliver reductions, I would be mightily surprised. On the other hand, if you told me your company hasn’t been able to sustain any progress in supply chain cost reduction, I wouldn’t be surprised at all.

Cost Reduction 65

Cost Reduction Inventory Reduction Expense Reduction Price Reduction 65

Locus

JUNE 16, 2023

Say you purchase your coveted gadget online, eagerly tracking its journey from warehouse to your welcoming hands. Customer satisfaction and keeping costs in check rests on optimal last-mile delivery operations. Naturally, the costs of meeting such expectations, especially on the delivery front are also increasing.

Cost Reduction 98

Cost Reduction Expense Reduction Inventory Reduction Price Reduction 98

GlobalTranz

JANUARY 19, 2015

than simple cost comparisons. Many companies are already doing it, and according to a recent BCG study, 54 percent of companies with over billion in revenues are now considering it. A reshoring project is not a simple task of comparing costs in the U.S. In this way, costs can be kept competitive with overseas factories.

Manufacturing Procurement 101

Manufacturing Procurement Purchasing Skills Buyer Training Supply Chain Planning Software 101

GoShip Blog

NOVEMBER 25, 2022

There are several shipping pricing methods for e-commerce businesses–each with its strengths and weaknesses. Flat-rate shipping is a pricing method where the shipping fee depends on the size of the box or envelope rather than the item’s dimensional weight. Pros and Cons of Flat-Rate Shipping Method. Pros of Flat-Rate Shipping.

Price Reduction 52

Price Reduction Purchasing Skills Cost Reduction Expense Reduction 52

Logistics Bureau

MAY 31, 2021

If yours is one of those businesses shifting from traditional to online retail, you’ve probably faced some of the logistical challenges arising from the need to deliver your customers’ purchases to them. Perhaps you haven’t had much opportunity, amid the turmoil, to consider the cost to serve your online customers.

Cost Reduction 117

Cost Reduction Purchasing Skills Expense Reduction Inventory Reduction 117

The Logistics of Logistics

MARCH 21, 2022

A graduate of Cornell University, Catania studied Applied Economics and Political Science, and was a Cornell Tradition Fellow. The result of OneRail’s centralized view of disparate final mile data enables data-driven optimization, positively impacting the dependability, speed, and cost of final mile fulfillment.

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Optimization Software Negotiating Skills Purchasing Skills Logistics Network Optimization Software 195

Ship Monk

FEBRUARY 16, 2023

Offering the preferred, faster 2-Day shipping option could eat away at your profit if you support the cost entirely. Over 50% of online shoppers stated they’d abandoned baskets at some point due to delivery costs. So the question becomes: is it possible to offer 2-Day shipping at an affordable price?

Cost Reduction 52

Cost Reduction Negotiating Skills Inventory Reduction Purchasing Skills 52

Logistics Bureau

JUNE 5, 2023

If your company operates a distribution fleet, you’ll know that the costs of running trucks for customer deliveries are continually increasing. In this post, we’re sharing our top tips for cost reduction in each of these three areas, so let’s get to it, beginning with truck expenditure. It’s a fair question.

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Cost Reduction Purchasing Skills Price Reduction Waste Reduction 73

Logistics Viewpoints

SEPTEMBER 30, 2022

Second, the pandemic kicked online buying and home delivery into “high gear” as many consumers embraced its convenience and dramatically expanded the scope of their online purchasing. That’s exactly what the recent study “Retailers: Sustainability is Not a Challenge, It’s an Opportunity” concluded.

Eliminating Excel in Purchasing 131

Eliminating Excel in Purchasing Cost Reduction Purchasing Skills Resource Reduction 131

WorkWave

SEPTEMBER 14, 2022

While some business ventures require entrepreneurs to have advanced degrees or a large amount of capital to cover startup costs, that is not always the case. If you are a creative person with skills such as video production, photography, or writing, then you can create a home-based business working in content creation or digital marketing.

Purchasing Skills 52

Purchasing Skills Cost Reduction Optimization Software Procurement Solutions 52

Ship Monk

MARCH 11, 2024

Did you know that 93% of consumers say that online reviews influence their purchase decisions? Sure, we can talk endlessly about our warehouse automation and cool robotics , outstanding service , or award-winning warehouse management system , but that’s not nearly as believable as our case studies and customer testimonials.

eCommerce 89

eCommerce Logistics Network Optimization Software Case Study Procurement Solutions 89

FueLoyal

JANUARY 16, 2019

On average, transportation companies spend 25% or more on fuel purchases. A 1% reduction in fuel costs can result in thousands of dollars in profit annually. A recent study done by Continental showed that fuel management systems are ranked 1st on the fleet manager wish-list. What is Fuel Purchase Routing. fuel tax rates.

Purchasing Skills 73

Purchasing Skills Procurement Solutions Purchasing Expense Reduction 73

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. One study shows that one in three companies in the United States has jobs that are taking nine to 12 months to fill. Sea Change—A Supply Chain Career is now seen as ‘Cool’.

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

GoShip Blog

AUGUST 5, 2022

High shipping costs increase your business’ expenses, discourage customers from completing their purchases, and eat into your bottom line. Inflation and higher shipping costs . According to a recent IMF study , higher shipping costs play a role in inflation, and the consequences are quite persistent.

Material Savings 52

Material Savings Negotiating Skills Purchasing Skills Packaging 52

Ship Monk

JULY 19, 2022

Running an eCommerce business forces you to become an expert at a lot of things, but estimating shipping costs isn’t the best way to spend your time. Factors That Determine Shipping Costs. Optional or unexpected services as well as carrier surcharges might add to the cost. Dimensional Weight . Delivery Times.

eCommerce 52

eCommerce Purchasing Skills Cost Reduction Material Savings 52

Logistics Viewpoints

AUGUST 3, 2023

In many cases microgrids are now bankable investments due to high power costs, low renewable and battery costs, and the value of improving power resilience. The cost of grid power has been increasing. Over the past 5 years, the cost of power in the US increased about 26% to 15.8 The cost of PV power has been dropping.

Purchasing Skills 108

Purchasing Skills Cost Reduction Manufacturing Procurement Price Reduction 108

Logistics Business Magazine

NOVEMBER 24, 2023

Things are changing in supply chain management: while cost-cutting has been at the top of the agenda for many executives for years, in future they will be increasingly concerned with the shortage of skilled workers, sustainability and resilience. Skilled labour shortage forces action 2. Cyber security becomes a top priority 9.

Supply Chain Planning Software 59

Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software Optimization Software 59

Logistics Viewpoints

APRIL 21, 2022

On one hand, consumers expect to increase their online purchases post-pandemic. In the study on home delivery consumer sentiment, consumers stated that, during the pandemic, the portion of all purchases made online that required home delivery went from 35% to 46%. Source: Descartes & SAPIO Research. Let me know.

Optimal Sourcing 126

Optimal Sourcing Eliminating Excel in Purchasing Purchasing Skills Sourcing Strategies 126

SYSPRO Smarter ERP

MAY 30, 2022

As manufacturers strive to reduce costs while increasing speed, the process of procuring materials, making products, and moving them where they need to be is more complex than ever. Despite this, only 33% of businesses invested in procurement and sourcing technologies. Using ERP to improve purchasing transparency.

Manufacturing Procurement 105

Manufacturing Procurement Optimal Sourcing Procurement Solutions Procurement Analytics 105

Logistics Bureau

NOVEMBER 14, 2018

Too much leads to resources being monopolised on gathering tons of data and a subsequent risk of “paralysis by analysis” Cost to Serve (CTS) is an approach that helps you avoid both extremes. How Much Does It “Cost to Serve” Your Customer? It costs you a certain amount to make a product. Sales organisation costs.

Purchasing Skills 88

Purchasing Skills Cost Reduction Supply Chain Planning Software Supply Chain Design Software 88

Ship Monk

JANUARY 9, 2024

Brands that allow consumers to purchase without leaving the social platform they’re on have an advantage over brands that don’t, but only if consumers can easily navigate the product catalog and checkout process. For the first time, mobile purchases have overtaken desktop purchases.

eCommerce 88

eCommerce Trends Optimization Software Optimal Sourcing 88

MTS Logistics

JUNE 26, 2023

Inflation can have a direct effect on export pricing dynamics. When inflation is high, production costs tend to increase, including labor, raw materials, and energy expenses. As a result, exporting firms may face challenges in maintaining price competitiveness in international markets.

Expense Reduction 77

Expense Reduction Price Reduction Purchasing Skills Material Savings 77

SYSPRO Smarter ERP

MAY 30, 2022

As manufacturers strive to reduce costs while increasing speed, the process of procuring materials, making products, and moving them where they need to be is more complex than ever. Despite this, only 33% of businesses invested in procurement and sourcing technologies. Using ERP to improve purchasing transparency.

Manufacturing Procurement 98

Manufacturing Procurement Optimal Sourcing Procurement Solutions Procurement Analytics 98

FreightWaves SONAR

MARCH 11, 2021

View the Full Case Study. However, added pressures on the industry led Big M Transportation’s leaders to reconsider their current pricing strategy. And that was what kick-started the purchase of SONAR, its implementation and the generation of results during the greatest peak season in history. View the Full Case Study.

Price Reduction 52

Price Reduction Purchasing Skills Case Study Transportation 52

Locus

MAY 2, 2023

When they first began their journey, the greatest challenge was gaining the trust of consumers, who were used to visiting their local grocery store and largely preferred to check their groceries first-hand before purchasing them. To date, it has also been able to reduce its delivery costs by 66%.

Cost Reduction 52

Cost Reduction Price Reduction Purchasing Skills Logistics Network Optimization Software 52

The Logistics of Logistics

JANUARY 19, 2024

This means faster deliveries, lower costs, and less wasted space for everyone involved. This eliminates the need for maintaining their own delivery fleet, reducing costs and improving overall agility. Eliminating Inefficiencies: Onward’s data-driven platform tackles the inefficiencies of traditional big and bulky delivery.

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Logistics Network Optimization Software Waste Reduction Cost Reduction Optimization Software 247

Logistics Viewpoints

APRIL 26, 2022

As more consumers flock to e-commerce, purchasing big & bulky goods such as furniture, appliances, and wholesale electronics online is becoming more common. A Statista study found that in 2020, the furniture and appliance e-commerce global market volume was $383.2B. On-site delivery experience and cost.

Supply Chain Planning Software 115

Supply Chain Planning Software Optimization Software Supply Chain Software Logistics Network Optimization Software 115

Blue Grace Logistics

MARCH 7, 2024

BlueGrace heralds acquisition of Evos Smart Tools Show Submenu Resources The Logistics Blog® Newsroom Whitepaper Case Study Webinars Indexes Search Search BlueGrace Logistics - March 7, 2024 Jeff Berman | Logistics Management March 7, 2024 Tampa, Fla.-based A purchase price for the transaction was not disclosed.

Supply Chain Planning Software 75

Supply Chain Planning Software Optimization Software Logistics Network Optimization Software Network Optimization Software 75

Logistics Viewpoints

JANUARY 4, 2023

ARC Advisory Group’s Global Warehouse Automation Research study is now complete and available for purchase. The research process includes an analysis of large amounts of information and interviews with executives from numerous warehouse automation providers; and concludes with the publication of ARC’s research study.

Supply Chain Software 155

Supply Chain Software Automation Supply Chain Planning Software Purchasing Skills 155

Logistics Viewpoints

MARCH 1, 2021

. – explained that when conducting manufacturing volume forecasts for budget purposes, the company would look at demand, production capacity, product specifications, seasonality, asset location, costs/duties and new product introduction amongst other criteria to satisfy regional volume demands. We appreciated River Logic’s capabilities.”

Supply Chain Design Software 107

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 107

Shipchain

JANUARY 8, 2020

But the question remains– who is eating the cost of that damaged product ? As per The State of Online Shopper Expectations and Actions study published by PARCEL , 64% of online shoppers have reported receiving a damaged product. So who eats the cost- whether it be a one-off damaged product or an entire pallet worth millions?

Purchasing Skills 62

Purchasing Skills Production Supply Chain Software Supply Chains 62

3PL Links

JUNE 28, 2023

Everything You Need to Know About Warehouse Layout Design | Image source: Pexels Each business has unique logistics requirements for a certain kind of warehouse. Due to the high cost of installing or expanding a warehouse, it isn’t always the simplest thing to do. Second, outsourcing makes specialized skills available.

Supply Chain Design Software 62

Supply Chain Design Software Supply Chain Design Optimal Sourcing Purchasing Skills 62

Logistics Viewpoints

JUNE 14, 2023

Home delivery and sustainability are two topics that I have written about quite a bit in the last few years, and Descartes just released its home delivery sustainability consumer sentiment study, so the timing seemed perfect. By doing the study for multiple years, you can start to see trends emerging.

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Study Logistics Network Optimization Software Purchasing Skills Supply Chains 119