article thumbnail

5 Inventory Reduction Strategies to Drive Cost Savings

EazyStock

So it makes sense to look for ways to reduce inventory and keep levels under control! What are the potential cost savings from inventory reduction? There are many financial benefits to introducing stock reduction strategies – in particular focusing on your excess and obsolete items.

article thumbnail

Enterprise shippers’ top 6 logistics strategies to know

FreightWaves SONAR

Adjusting current logistics strategies demonstrated the second great challenge of the pandemic. Embracing new and improved logistics strategies remains the best way to adapt to clients’ changing demands in 2021 and beyond. Now more than ever, shippers need to find innovative ways to make the most of real-time freight data and analysis.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Accelerate Emission Reductions

Logistics Business Magazine

Yard Management Solutions aims to revolutionize the yard management industry and assist Co2 emission reductions by introducing its state-of-the-art yard management software. This software has proven to be a game-changer, helping facilities reduce their carbon footprint while also unlocking significant cost savings.

article thumbnail

Cost to Serve Analysis—And the Costs of Neglecting It

Logistics Bureau

Have you conducted a cost-to-serve (CTS) analysis for your enterprise? And that is the sole purpose of cost-to-serve analysis. If you were going to say, “What is a cost-to-serve analysis?” Some of your processes or activities may erode your margins through excessive resource consumption.

article thumbnail

Top 5 Barriers to Supply Chain Network Design Adoption and How to Overcome Them

Speaker: Brian Dooley, Director SC Navigator, AIMMS, and Paul van Nierop, Supply Chain Planning Specialist, AIMMS

Want to build your internal capability, reduce costs and make better decisions? You may have recently had M&A activity, about to roll out a new product line or need to cut costs. When you finally have the analysis, everything has changed, and it is no longer relevant. Lack of skilled resources. It's easier than you think.

article thumbnail

Mosca 2027 Sustainability Strategy

Logistics Business Magazine

Mosca is making its corporate commitment transparent and offering an overview of future goals with its first in-depth sustainability strategy report. It also includes a comprehensive materiality analysis and a detailed description of resource consumption along with numerous starting points/targets for new and ongoing sustainability projects.

article thumbnail

Maximizing Warehouse Efficiency: Unleashing the Potential of ABCD Analysis

Log-hub

Efficient inventory management, layout organization, and operational strategies are key to meeting customer demands while minimizing costs and maximizing profits. One of the most powerful tools employed in this endeavor is the ABCD Analysis.