GoShip Blog

FEBRUARY 7, 2023

Over the years, marketing strategies have evolved with the times, the advent of technology, and changes in consumer behavior. Why a Solid Marketing Strategy is Important A marketing strategy refers to a business’s action plan for achieving its short and long-term goals and developing a sustainable competitive advantage.

Waste Reduction 52

Waste Reduction Price Reduction Resource Reduction Expense Reduction 52

Log-hub

MARCH 1, 2023

The mistakes that can pull your supply chain far away from the progress are bad cost management strategy, lack of optimized business processes, neglecting data and KPI’s, poor customer service and no future planning. One of them is a bad cost management strategy. What to avoid in your Supply Chain Strategy?

Cost Reduction 52

Cost Reduction Sourcing Strategies Expense Reduction Supply Chain Design Software 52

FreightWaves SONAR

FEBRUARY 11, 2021

However, enterprise shippers can make a comeback by implementing smart truckload shipping strategies by retooling and putting freight forecasting power to work. And these additional five shipping strategies can help enterprise shippers maximize recovery and boost profits. Download the White Paper.

Sourcing Strategies 98

Sourcing Strategies Cost Reduction Supply Chain Planning Software Optimization Software 98

EazyStock

APRIL 13, 2022

What is a supply chain strategy? A supply chain strategy explains how a company will bring goods into the business and get them out to customers as effectively as possible. Considering every phase in the supply chain, such as sourcing goods, logistics and delivery, the strategy optimizes operations to reduce costs and maximize profits.

Inventory Reduction 52

Inventory Reduction Sourcing Strategies Cost Reduction Supply Chain Planning Software 52

Log-hub

MARCH 6, 2024

Understanding the Essence of Route Optimization Route optimization is the cornerstone of efficient logistics, transcending the traditional pursuit of the shortest distance to deliver a multifaced strategy that minimizes operational costs, time, and environmental impact while meeting customer demands. Explore NEED SUPPORT?

Optimal Sourcing 40

Optimal Sourcing Sourcing Strategies Cost Reduction Resource Reduction 40

Log-hub

MARCH 6, 2024

Understanding the Essence of Route Optimization Route optimization is the cornerstone of efficient logistics, transcending the traditional pursuit of the shortest distance to deliver a multifaced strategy that minimizes operational costs, time, and environmental impact while meeting customer demands. Explore NEED SUPPORT?

Optimal Sourcing 40

Optimal Sourcing Sourcing Strategies Cost Reduction Resource Reduction 40

SYSPRO Smarter ERP

APRIL 17, 2023

Unfortunately, without proper processing and analysis, this data is of little use to the organization. BI is a powerful tool that can help companies drive informed decisions, improve their planning processes, and maintain a competitive edge in the marketplace. This enables managers to take swift action and keep production on track.

Manufacturing Procurement 98

Manufacturing Procurement Optimal Sourcing Supply Chain Planning Software Optimization Software 98

Conger

APRIL 1, 2024

Continue reading to learn more about this essential strategy to ensure your equipment performs optimally at all times. Introduction to Maintenance Strategies In industries such as Manufacturing, Distribution, Food Processing/Storage, Paper, Packaging, and Lumber, equipment efficiency is not just an operational goal but a necessity.

Material Savings 82

Material Savings Expense Reduction Resource Reduction Cost Reduction 82

Logistics Viewpoints

FEBRUARY 8, 2024

Predictive and prescriptive analytics have emerged as valuable tools that enable warehouse operations managers to streamline processes, minimize costs, and enhance productivity. Restock/Replenishment Planning – Maintaining optimal inventory levels is crucial to meet customer demands without overstocking.

Optimization Software 144

Optimization Software Modeling Software Efficiency Inventory Reduction 144

Logistics Viewpoints

APRIL 10, 2024

For example, an agile supply chain may have real-time data, advanced analytics, decision support tools, and cross-functional teams to monitor, diagnose, and solve problems. Develop and implement contingency plans and recovery strategies, using tools such as business continuity plans, crisis management teams, and emergency response protocols.

Supply Chain Planning Software 150

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 150

EazyStock

AUGUST 21, 2020

For businesses that carry non-perishable goods it’s tempting to order and carry surplus stock to help meet market demand and hit order fulfillment targets. There are many financial benefits to introducing stock reduction strategies – in particular focusing on your excess and obsolete items.

Inventory Reduction 52

Inventory Reduction Cost Reduction Price Reduction Resource Reduction 52

EazyStock

JANUARY 31, 2022

Inventory Management KPIs for Effective Inventory Analysis. But with a wealth of inventory KPIs available to choose from to include in your inventory analysis methods, which ones are the most important to ensure you’re on the right track to optimum efficiency? Managing inventory is a complex business. Inventory turnover ratio.

Inventory Reduction 52

Inventory Reduction Inventory Analysis Optimization Software 52

Logistics at MPEPS at UPV

MAY 2, 2023

In contrast, startups face more significant challenges in meeting delivery times, with 30% reporting difficulties in doing so compared to just 19% of SMEs (TechCrunch, 2021). Will blockchain emerge as a tool to break the poverty chain in the Global South? Retrieved from: [link] Gonçalves, V., Pereira, T., & Brito, M. Kshetri, N.

Supply Chain Software 52

Supply Chain Software Supply Chains Analysis Logistics Network Optimization Software 52

Blue Grace Logistics

AUGUST 10, 2021

Over the last decade, ever since social media and the IoT became common-place mediums, there has been a change in marketing tools and strategies. A more streamlined communication is provided by omnichannel strategies. The crux of the omnichannel approach is to meet the customers where they are.

Expense Reduction 62

Expense Reduction Cost Reduction Strategy Optimization Software 62

Logistics Business Magazine

FEBRUARY 6, 2024

ORTEC’s Manufacturing Solution Suite provides valuable insights and planning tools that help companies optimize their supply chain and reduce costs. ORTEC uses data-driven analytics to create supply chain visibility and help solve everyday challenges for staying on target, improving the customer experience, and meeting business goals.

Data 56

Data Supply Chain Planning Software Cost Reduction Scenario Planning 56

Logistics Viewpoints

APRIL 24, 2023

This technology allows businesses to unify their procurement, expense management, invoicing, payments, contract management, and spend analysis processes and reporting. Coupa meets this definition. In its ideal form, these planning processes should help leaders align strategy, financial considerations, and supply chain strategy.

Supply Chain Design Software 121

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Optimization Software 121

GoShip Blog

JANUARY 31, 2024

Many complexities come with heavy equipment hauling, and there are several common challenges and strategies employed to address these hurdles. Effective strategies, including meticulous planning, safety adherence, and environmental responsibility, are key to overcoming these obstacles.

Waste Reduction 52

Waste Reduction Cost Reduction Resource Reduction Material Savings 52

Conger

MARCH 28, 2024

Benefits of Fleet Management Operational Efficiency Businesses can implement numerous strategies to streamline workflows to enhance operational efficiency in fleet management. One of the strategies to consider is adopting robust fleet management software, which enables businesses to automate and streamline fleet-related processes.

Optimization Software 73

Optimization Software Optimal Sourcing Expense Reduction Cost Reduction 73

GoShip Blog

APRIL 8, 2024

That’s why we present some solutions and strategies that make efficient shipping possible. This often involves a detailed analysis of road conditions, bridge clearances, and weight restrictions, as well as coordination with local authorities for permits and escorts when navigating through urban areas or across state lines.

Material Savings 52

Material Savings Efficiency Optimization Software Cost Reduction 52

Logistics Bureau

OCTOBER 9, 2023

Quality and Detail of Data and its Analysis In some of our earlier posts, we’ve stressed the importance of simplicity in distribution network design , and we will return to that topic later in this article. It’s not a short list, so we’ll set it down here as a summary to help you with plans for analysis.

Supply Chain Design Software 90

Supply Chain Design Software Supply Chain Design Distribution Networks 90

CLX Logistics

FEBRUARY 22, 2024

At the heart of these challenges lies the need for advanced tools and technologies to drive innovation, enhance decision-making, and unlock hidden value within procurement processes. ML algorithms enable predictive analysis and decision-making, while NLP algorithms enhance communication and data analysis capabilities.

Optimal Sourcing 52

Optimal Sourcing Procurement Negotiating Skills Supply Chain Software 52

Ship Monk

SEPTEMBER 20, 2023

With so many literal and figurative moving parts to factor into your shipping strategy, it can be a lot for an ecommerce brand to handle alone. When you combine this amazing tool with our insider tips and tricks, your ecommerce brand is set up for success, simply. Luckily, ShipMonk has the perfect solution.

eCommerce 64

eCommerce Cost Reduction Inventory Reduction Logistics Network Optimization Software 64

AIMMS

FEBRUARY 26, 2020

It found that 61% percent of respondents in distribution and retail , and 41% of businesses in manufacturing are largely in wait-and-see mode as they watch the news and plan for a strategy. The prescriptive supply chain a pplications developed by AIMMS are at the forefront of enabling this shift. – Tweet this.

Supply Chain Planning Software 146

Supply Chain Planning Software Supply Chain Design Software Scenario Planning Supply Chain Software 146

CLX Logistics

NOVEMBER 21, 2023

When looking ahead to the future, it’s crucial to reflect on the past year, identify emerging trends, and strengthen strategies for benchmarking and procurement. The focus shifted towards salary and personnel-based internal strategies, allowing them to stabilize in comparison. The outcome?

Optimal Sourcing 93

Optimal Sourcing Manufacturing Procurement Procurement Cost Reduction 93

Penske Move Ahead

JULY 23, 2020

Kearney and lead author of the 31 st Annual State of Logistics Report ® , said the COVID-19 pandemic has brought risks to life, transforming the way companies think about supply chains, the logistics that enable them and the tools they need to be successful. That means technology, and 3PLs are investing in technology."

Supply Chain Design Software 29

Supply Chain Design Software Logistics Network Optimization Software Supply Chain Software Optimization Software 29

Logistics Business Magazine

MAY 12, 2022

Speaking at the launch, Matt Childs, Michelin Connected Fleet Operational Marketing Manager UK & France, said: “We are focused on helping fleet managers to accelerate their business with performance analysis services, based on smart data and tools, which lead to better insights and better visibility.

Cost Reduction 56

Cost Reduction Logistics Network Optimization Software Analysis Data 56

WorkWave

MARCH 26, 2024

From online retailers to food delivery services, businesses are realizing the importance of efficiently managing their delivery routes to meet customer expectations. Let’s delve into this topic to understand its significance and explore strategies for optimizing delivery routes to enhance customer satisfaction.

Optimization Software 105

Optimization Software Optimization Logistics Network Optimization Software Cost Reduction 105

Logistics Business Magazine

MARCH 14, 2022

Not only did Toyota Material Handling Europe meet the Platinum standard for the third year in a row, it also improved on its score from 2021, with an overall rating of 79 (up from 76). This assessment tool enables Toyota Material Handling Europe’s suppliers to complete their own assessment and receive a carbon rating.

Material Savings 55

Material Savings Materials Handling Supply Chain Software Optimal Sourcing 55

Ship Monk

APRIL 5, 2024

Of course, it wouldn’t be a business strategy if there weren’t a couple more acronyms to learn. SRM is more than a one-and-done analysis. Steps to Implementing SRM If you deal with a lot of vendors, investing in SRM software will help you more easily manage the data and make it available to stakeholders for analysis.

Negotiate Pricing 85

Negotiate Pricing Negotiating Skills eCommerce Purchasing Skills 85

Logistics Viewpoints

NOVEMBER 6, 2023

As corporations announce plans to be Net Zero across their end-to-end supply chain at some point in the future – often 2050 – they then need their suppliers to participate in helping them meet their goals. Analysis of what is reported may suggest that a supplier has not been totally forthcoming in what they have reported on the platform.

Supply Chain Planning Software 133

Supply Chain Planning Software Resource Reduction Material Savings Procurement Analytics 133

EazyStock

OCTOBER 31, 2022

Demand planning is part of a company’s planning strategy to allocate resources in the best and most effective way to meet demand and respond to demand changes. Determining the right stock levels to meet demand is vital for customer satisfaction. What is demand planning? Why is demand planning important?

Supply Chain Planning Software 52

Supply Chain Planning Software Scenario Planning Inventory Reduction Supply Chain Software 52

EazyStock

OCTOBER 31, 2022

Demand planning is part of a company’s planning strategy to allocate resources in the best and most effective way to meet demand and respond to demand changes. Working out the right stock levels to meet demand is vital for customer satisfaction. What is demand planning? Why is demand planning important?

Supply Chain Planning Software 52

Supply Chain Planning Software Scenario Planning Inventory Reduction Supply Chain Software 52

Blue Grace Logistics

SEPTEMBER 18, 2023

Logistics stakeholders are continuing to digitalize operations—and supply chains—through new technologies that meet customer expectations and keep up with global trade challenges. It can ensure the business’s survival, enabling channels and capabilities to meet the new customer expectation and endure future crises.

Supply Chain Planning Software 62

Supply Chain Planning Software Supply Chain Software Digital Supply Chains 62

Apparel Logistics

JANUARY 26, 2017

While some focus on meeting the customer's every request, others step back to focus on strategies that will satisfy the majority of their customers rather than the one squeaky wheel. Perform a Cost-to-Serve Analysis.

Supply Chain Software 48

Supply Chain Software Supply Chains Expense Reduction Cost Reduction 48

FreightWaves SONAR

FEBRUARY 4, 2021

As the world of transportation continues to evolve, shippers and logistics service providers (LSPs) are effectively utilizing certain methods along with modern data platforms to meet the demands of today’s supply chains. Knowing the following key tactics and using the proper tools will help sustain long-term savings.

Optimization Software 98

Optimization Software Negotiate Pricing Negotiating Skills Optimization Modeling 98

Logistics Business Magazine

SEPTEMBER 27, 2023

This year marks the 50th anniversary of the invention of RFID which has become a problem-solving tool for front-line workers in warehouses and other industries. In fact, both groups — 82% of associates and 76% of decision-makers — acknowledge they need better inventory management tools to achieve better accuracy and determine availability.

Supply Chain Planning Software 57

Supply Chain Planning Software RFID Supply Chain Software Inventory Reduction 57

FreightWaves SONAR

FEBRUARY 25, 2021

Even the most robust in-house strategies can turn to the value of logistics automation within analytics, such as the insights found in Lane Signal, to further refine their operations. Enterprise shippers need a proactive strategy to secure capacity One of the biggest challenges that shippers face remains to secure capacity.

Supply Chain Software 90

Supply Chain Software Logistics Network Optimization Software Automation Sourcing Strategies 90