Ship Monk

MAY 20, 2021

Of course, we couldn’t let our entrepreneurial free spirits miss out on those numbers. Tip: Don’t forget to look into your niche as well as its overarching market! Competitive Analysis. A competitive analysis is a great way to learn from the greats while also spotting potential structural weaknesses within your own business. #5.

How To 64

How To Price Reduction Course Analysis 64

Ship Monk

JUNE 16, 2021

Grab your favorite pair of sneakers and allow us to run you through six suggested courses of action. Revamp Your Marketing Strategy. Run a Competitive Analysis. Feel free to mix and match our tips as you see fit — you’re the captain of your own ship! P.S. Hungry for more fresh-out-the-oven tips and tricks?

eCommerce 59

eCommerce Inventory Reduction How To After-sales 59

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. The tips and ideas that follow should be helpful if you’re at that point of taking a long, hard look at your company’s inventory policy. Let’s Start with Safety Stock.

Inventory Reduction 118

Inventory Reduction Inventory Supply Chain Planning Software Supply Chain Software 118

Logistics Bureau

AUGUST 7, 2023

Standardise and Digitise The key to managing complexity, of course, is to be organised. The ecommerce logistics practitioner must instead integrate reverse logistics into his or her company’s inventory management strategies and processes. Try to establish consistency in the identification of your company’s products. Why is this?

Inventory Reduction 89

Inventory Reduction eCommerce Inventory Procurement Solutions 89

Ship Monk

MARCH 2, 2023

And as you grow, it’s likely that your strategy will evolve to keep up with changes in your customer base and product offerings, so it’s best to always stay flexible. But of course, because of the added materials, palletized shipping tends to be pricier than floor-loaded shipping. Try to keep loads square and even.

Material Savings 52

Material Savings eCommerce Cost Reduction Inventory Reduction 52

Conger

JANUARY 17, 2023

Warehouse 5S is a lean management strategy that helps warehouses accomplish a basic objective: making problems visible. Some common sorting strategies include: General cleaning of an area. Here are some safety strategies: Provide safety PPE to workers and require their use for safety. This creates a safer workplace.

Waste Reduction 52

Waste Reduction Inventory Reduction Cost Reduction Resource Reduction 52

Logistics Bureau

JULY 10, 2023

You will still need a hand on the tiller to define logistics strategy, manage the relationship with the 3PL provider , and monitor performance. The Importance of Analysis However, 3PL outsourcing is not necessarily the best option for every company, so you must thoroughly weigh the pros and cons before committing.

3PL 53

3PL Logistics Network Optimization Software Negotiating Skills Inventory Reduction 53

Blue Grace Logistics

SEPTEMBER 20, 2018

Long Haul (over 800 miles) The long haul runs are also affected by the ELD mandate, of course, but many carriers operating these runs were already in compliance. . Analysis with BlueGrace . Almost $32 million worth of fines had been racked up as of Feb. 28 and another $142 million as of Aug. 22, totaling at $174 million. .

Capacity 48

Capacity Negotiating Skills Optimal Sourcing Vendor Strategies 48

Ship Monk

OCTOBER 24, 2023

The previous tip touched on the importance of customer reviews; allow us to emphasize that point now. 7 Excellent Customer Service Of course getting someone to order one of your products is the pivotal part of your business. 2 Customer Reviews Ever heard of social proof?

eCommerce 64

eCommerce Eliminating Excel in Purchasing Procurement Solutions Buyer Training 64

Ship Monk

APRIL 28, 2023

And these positive, Earth-protecting assertions are only the tip of the doesn’t-have-to-melt iceberg. Go with a More Sustainable Shipping Strategy Billions of packages are shipped just within the US every year. It requires a lot of introspection and critical analysis of your operation. You could even take it a step further.

eCommerce 67

eCommerce Waste Reduction How To Material Savings 67

WorkWave

SEPTEMBER 2, 2021

You have to consider various strategies, challenges, and market factors to ensure the best results. Tips for Starting a Home Delivery Business. Below are some of the tips to consider when starting a delivery business: Establish Your Niche. There are various helpful tips out there you can use on how to buy a delivery route.

Logistics Network Optimization Software 52

Logistics Network Optimization Software How To Optimization Software Procurement Solutions 52

GlobalTranz

MAY 18, 2015

Of course, there will be monetary costs associated with hiring another company, and there is even a tipping point when using a 3PL may be cost ineffective. But don’t take this question at face value: we’re not just talking about how choosing a 3PL service provider will affect the bottom line.

3PL 93

3PL Logistics Network Optimization Software Outsourcing Cost Reduction 93

247 Customs Broker

MARCH 2, 2018

Aside from whatever the ramifications of a true trade war would look like, there is, of course, the fall out, or trickle down, impact on what this could mean for consumer spending i.e. the real lifeblood of economic activity, more so than any other economic drive. It will no doubt bring retaliation from major trading partners.

Scenario Planning 28

Scenario Planning Cost Reduction Negotiating Skills Material Savings 28

GlobalTranz

MARCH 3, 2016

Turning on your business know-how is important too, because you need careful analysis and critical thinking to make the best of existing opportunities. We asked David from LoadTraning how much time one would have to set aside to pass a freight broker course as well as some hands-on training. Find the Right Carriers.

Negotiating Skills 51

Negotiating Skills How To Buyer Training Freight 51

Logistics Bureau

DECEMBER 19, 2022

Of course, as this is an ultimate guide to product slotting, it would only be fitting to leave you with a statement about the cost benefits if it includes an explanation of how they come about. Therefore, any slotting strategy should focus on minimising such travel. Or a similarly sized reduction in warehouse labour costs ?

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Production Inventory Reduction Cost Reduction Resource Reduction 92

Logistics Bureau

OCTOBER 12, 2020

In an attempt to help you keep your supply chain organisation from analysis paralysis, metric manipulation, or measurement misnomers, I decided to use this post to share nine important guidelines, or golden rules, for benchmarking your business and monitoring performance using meaningful supply chain KPIs.

Supply Chain Software 62

Supply Chain Software Supply Chains Material Savings Sourcing Strategies 62

SYSPRO Smarter ERP

JANUARY 19, 2022

This is to avoid more costly routes such as the Panama Canal or taking the long haul around the tip of Africa or South America. Align your business and supply chain strategies. In the long term, manufacturers need a robust business strategy that drives their supply chain strategy. The benefits of ERP.

Manufacturing Procurement 105

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software Supply Chains 105

Logistics Bureau

MAY 8, 2023

By neglecting or underestimating the need for meaningful analysis, they typically fail to attain anything like the value they might receive with effective carrier management. You must evaluate the option in detail to know if it presents more pros than cons or vice versa.

Negotiating Skills 62

Negotiating Skills Cost Reduction Resource Reduction Price Reduction 62

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. Detailed cost-to-serve analysis can be complex and time-consuming, so it’s a good idea to break the task down by priority and target specific areas on which to concentrate.

Cost Reduction 117

Cost Reduction Purchasing Skills Expense Reduction Inventory Reduction 117

Logistics Bureau

FEBRUARY 28, 2019

In an attempt to help you keep your supply chain organisation from analysis paralysis, metric manipulation, or measurement misnomers, I decided to use this post to share nine important guidelines, or golden rules, for benchmarking your business and monitoring performance using meaningful supply chain KPIs.

Supply Chain Software 63

Supply Chain Software Supply Chains Sourcing Strategies Scenario Planning 63