Logistics Bureau

APRIL 4, 2022

Whether your company is a big or small player in terms of shipping volumes, and regardless of your chosen transportation modes (road, rail, ocean, air), the health of your bottom line depends in no small part on the competitiveness of your freight prices. Freight Benchmarking: How to Do it Right. What is Freight Benchmarking?

Negotiating Skills 82

Negotiating Skills Purchasing Skills Logistics Network Optimization Software Supply Chain Planning Software 82

Transporeon

MARCH 13, 2017

Read on to learn how to shift from Technophobia (Fear of Technology) to FoMO (Fear of Missing Out). Devaluation/commoditization of their service If your own product or service had to enter a price war with your competitors tomorrow, how certain would you be that you could win based on price alone?

Sourcing 48

Sourcing Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 48

Logistics Bureau

JULY 18, 2022

Step 2: Gap Analysis – Customer Requirements and Supply Chain Trends. Now you know what your customers genuinely expect from your outbound and reverse supply chain, so it’s time to undertake a gap analysis. Ideally, though, evaluating your position against competitors should not solely be a KPI benchmarking exercise.

Inventory Reduction 106

Inventory Reduction Resource Reduction Vendor Strategies Cost Reduction 106

GlobalTranz

NOVEMBER 30, 2015

After all as Eric Kimberling's analysis of 'leadership lessons' says: “The differing results of manufacturers are due to unique leadership traits of their executive teams.”. This gives them the chance to focus on how to make their business more efficient while still on the train or having breakfast. Think automated - think efficient.

Optimization Software 54

Optimization Software After-sales Exercises ERP 54

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. Outbound transportation. Seasonal variations can be taken into account, whether in the costs of production, storage, or transport.

Purchasing Skills 88

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

The Logistics Academy

FEBRUARY 13, 2017

We make explicit that every day is different when managing modern logistics services and transportation operations. Another trend is learning how to deal with the avalanche of data that supply chain managers have at their fingertips. Q: How do you prepare students for the demands of globalization?

Supply Chain Design Software 40

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 40

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

GlobalTranz

OCTOBER 29, 2015

We then followed that with the wildly popular " 7 Strategic Performance Business Practices with 3PL KPIs and 4 KPI Problems to Solve " and shared how to use the S.M.A.R.T. This exercise prompted Whirlpool to question whether having a single logistics provider was the best structure to exceed customer expectations and maximize cost savings.

Case Study 93

Case Study Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 93

Logistics Bureau

SEPTEMBER 20, 2022

For example, it’s undoubtedly true that 3PLs, existing as they do solely to provide logistics services for other companies and organisations, are staffed predominantly by consummate professionals in the transportation, warehousing, and supply chain management sphere. Sufficient due diligence is exercised in partner selection.

Outsourcing 98

Outsourcing Cost Reduction Resource Reduction Expense Reduction 98

Logistics Business Magazine

DECEMBER 11, 2022

For example, brand manufacturers and retailers—are beginning to perform life cycle analysis of their products to ascertain the environmental impacts of the products they sell. Historically, this product ‘footprinting’ exercise was both tedious and expensive. Companies can say, “We’ll just buy it from Nielsen”.

Supply Chain Planning Software 61

Supply Chain Planning Software Supply Chain Software Supply Chains Trends 61