The Logistics of Logistics

MAY 17, 2023

He has made significant contributions through his involvement in consulting projects with Metafora (formerly CarrierDirect) and his instrumental role in developing and executing sales, marketing, and product growth strategies for ExFreight Zeta, Inc. By leveraging comprehensive data analysis, Greenscreens.ai and Revenova, LLC.

Supply Chain Design Software 332

Supply Chain Design Software Logistics Network Optimization Software Optimization Software Negotiating Skills 332

Ship Monk

JULY 7, 2022

As online shoppers, we see examples of minimum order quantity everywhere. We, as consumers, have grown accustomed to buying in bulk in order to pay less per unit. For suppliers and merchants, however, setting a minimum order quantity for your goods can mean the difference between losing money and making a profit on each sale.

Purchasing Skills 86

Purchasing Skills eCommerce Ordering Negotiating Skills 86

Locus

NOVEMBER 28, 2023

Incorrect Order Shipped: 41% of customers returned their order due to it being a wrong one. Top Five Strategies that Shippers can Implement to Reduce Return to Origin 1. Schedule a Demo The post Navigating Returns: Five Strategies for Shippers to Reduce Return to Origin appeared first on Locus Blog.

Cost Reduction 52

Cost Reduction Inventory Reduction Strategy Optimization Software 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. But how to get rid of them? Keep your long-term growth plan ready.

Cost Reduction 52

Cost Reduction Sourcing Strategies Expense Reduction Supply Chain Design Software 52

Locus

MAY 25, 2023

One such important lever is Economic Order Quantity. What is Economic Order Quantity? Ford Whitman Harris first published the model of Economic Order Quantity in a paper Factory, The Magazine of Management , in 1913. This model became dominant for order-quantity analysis in the study of supply chains.

Inventory Reduction 52

Inventory Reduction Cost Reduction Ordering Waste Reduction 52

EazyStock

JANUARY 31, 2022

Inventory Management KPIs for Effective Inventory Analysis. Lots of activities, processes and people are involved in ordering, receiving, storing, picking and shipping items with the ultimate aim of keeping customers happy with the correct orders that are on time. Managing inventory is a complex business.

Inventory Reduction 52

Inventory Reduction Inventory Analysis Optimization Software 52

EazyStock

FEBRUARY 17, 2021

Effective inventory replenishment processes ensure that order fill rates can be achieved while keeping inventory carrying costs under control. Inventory Replenishment Strategies to Boost Profitability. Any business that carries inventory needs to avoid stockouts and back orders. Working with min/max order level quantities.

Inventory Reduction 75

Inventory Reduction Material Savings Price Reduction Cost Reduction 75

MTS Logistics

FEBRUARY 17, 2023

The move is being pursued as part of the shipping company major’s future growth strategy, which has earmarked $11.3 The post HMM Orders New Methanol-Fueled Vessels Worth $1.12 billion for future investments. These include the expansion of eco-friendly ships from the current total of 820,000 TEUs to a target total of 1.2

Ordering 79

Ordering Strategy Industry Operations 79

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

ShipLilly

FEBRUARY 12, 2021

Chinese factories are facing challenges of meeting excessive orders that are way beyond their current capacity. The average spot rates and contract rates are continuing to rise according to Alan Murphy of Sea-Intelligence Maritime Analysis. The post Analysis on 2021 Container Shipping Delays appeared first on ShipLilly.

Analysis 105

Analysis Manufacturing Procurement Purchasing Skills Price Reduction 105

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. In some circumstances carrying excess stock can be a good thing: having all items in stock helps avoid costly back orders and keeps customers happy.

Inventory Reduction 52

Inventory Reduction Cost Reduction Price Reduction Resource Reduction 52

Blue Grace Logistics

MAY 30, 2023

BlueGrace Logistics Confidence Index™ The BlueGrace Logistics Confidence Index™ measures expected industry expansion or contraction based on revenue forecasts, inventory levels, and order volumes. The LCI supports improved performance through logistics and transportation operations, strategy, and execution.

Logistics Network Optimization Software 62

Logistics Network Optimization Software Optimization Software Inventory Reduction Resource Reduction 62

Blue Grace Logistics

FEBRUARY 21, 2023

BlueGrace Logistics Confidence Index™ The BlueGrace Logistics Confidence Index™ measures expected industry expansion or contraction based on revenue forecasts, inventory levels, and order volumes. The LCI supports improved performance through logistics and transportation operations, strategy, and execution.

Logistics Network Optimization Software 62

Logistics Network Optimization Software Optimization Software Inventory Reduction Resource Reduction 62

Locus

JUNE 16, 2023

A recent analysis by the American Trucking Associations (ATA) indicates that if existing trends persist, we could see a potential driver shortage reaching up to 175,000 by 2024. Among these, clothing retailers had the highest percentage, with 88% of consumers opting to return their orders.

Cost Reduction 98

Cost Reduction Expense Reduction Inventory Reduction Price Reduction 98

Blue Grace Logistics

DECEMBER 12, 2022

The BlueGrace Logistics Confidence Index measures expected industry expansion or contraction based on revenue forecasts, inventory levels, and order volumes. A predictive analysis of shippers confidence for the upcoming quarter correlating growth or shrinkage to overall volume of shipments and price of products. View Whitepaper.

Logistics Network Optimization Software 62

Logistics Network Optimization Software Optimization Software Inventory Reduction Resource Reduction 62

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. In order to grow the omnichannel method, it would be beneficial to explore engagement over IoT-Connected Devices.

Expense Reduction 62

Expense Reduction Cost Reduction Strategy Optimization Software 62

Logistics Viewpoints

FEBRUARY 8, 2024

The models offer prescriptive analytics, leveraging data on order history, batching and pathing patterns, and warehouse layout to recommend optimal slotting strategies. Better still, the model adapts to your DC and evolves as conditions change, providing continuous optimization.

Optimization Software 144

Optimization Software Modeling Software Efficiency Inventory Reduction 144

The Logistics of Logistics

FEBRUARY 4, 2022

From 2006 to 2020, Chris played key leadership roles (including Chief Strategy Officer from 2010-2020) at Coyote Logistics (a UPS Company), a leading provider of non-asset based 3PL solutions across North America and Europe. As rates move higher, net Class 8 tractor orders spike, and incremental capacity enters. He earned a B.S.

Price Reduction 277

Price Reduction Cost Reduction Supply Chain Design Software Supply Chain Software 277

CLX Logistics

JULY 26, 2021

Let’s look at the facts – the percentage of supply chain managers using new analytics tools and services to develop better bidding strategies has increased from 17% in 2017 to more than 30% in 2020. Procurement Event Strategies. Not every platform offers expert-enhanced procurement event strategies on top of a digital platform!

Material Savings 40

Material Savings Sourcing Strategies Cost Reduction Inventory Reduction 40

Logistics Viewpoints

MAY 13, 2024

This technology allows businesses to unify their procurement, expense management, invoicing, payments, sourcing, contract management, and spend analysis processes and reporting. This solution provides for purchase order collaboration. Coupa’s BSM platform is based on a public cloud that connects 3500 buyers to ~10 million suppliers.

Procurement Solutions 130

Procurement Solutions Modeling Software Procurement Analytics Logistics Network Optimization Software 130

GlobalTranz

MARCH 24, 2015

Given that our proprietary TMS, the Cerasis Rater , provides multiple reports, giving our shippers’ many insights, this post is quite appropriate, just like getting the data that is meaningful , in order to make the best decisions for your business possible. . Profits Need More than Benchmarking in your Transportation Cost Analysis.

Purchasing Skills 94

Purchasing Skills Cost Reduction Analysis Procurement Analytics 94

Ship Monk

FEBRUARY 24, 2024

How much are you spending on manufacturing, shipping, marketing, customer support, logistics services, and order fulfillment services? So if you have a budget, you can utilize specific order fulfillment services that fit within that. There are many different models and formulas for strategically ordering inventory.

eCommerce 88

eCommerce Inventory Reduction Tips Waste Reduction 88

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. Virtual Carrier Network ShipMonk’s Virtual Carrier Network is an advanced transportation management strategy that ensures orders are delivered on-time at the best possible rate.

eCommerce 64

eCommerce Cost Reduction Inventory Reduction Logistics Network Optimization Software 64

Logistics Business Magazine

APRIL 18, 2024

By analysing that data for where particular sticking points are, businesses can make informed decisions and set up adaptable strategies that can flex according to needs. This can help identify where orders are and adjust to any challenges, thus preventing escalation.

Supply Chain Planning Software 61

Supply Chain Planning Software Supply Chain Software Supply Chains How To 61

ShipLilly

NOVEMBER 1, 2021

A logistical analysis and important tips for businesses. Early planning and paying attention to the warning signs will be the key to fulfilling your orders and keeping your customers happy. Are you spending an inordinate amount of operational time on order fulfillment? Do you expect your order levels to keep increasing?

Outsourcing 98

Outsourcing Price Reduction Cost Reduction Resource Reduction 98

Logistics Viewpoints

DECEMBER 12, 2023

The rise of e-commerce has led to higher volumes of smaller orders that need to be fulfilled and shipped individually. Volatile demand means warehouses need to pivot quickly when order volumes change. It matches labor, equipment, and other resources accurately with order volumes, in real time. The result?

Supply Chain Planning Software 168

Supply Chain Planning Software Supply Chain Design Software Optimization Software Resource Reduction 168

3PL Links

APRIL 5, 2024

The primary goal of the supply chain is increasing efficiency, and in order to do this, it prioritizes distribution, inventory control, cautious supplier selection, and ongoing process optimization. It goes beyond simply being an operational strategy. requires this cooperative integration.

Supply Chain Planning Software 48

Supply Chain Planning Software Supply Chain Software Optimal Sourcing Sourcing Strategies 48

SYSPRO Smarter ERP

FEBRUARY 27, 2023

A workflow analysis will allow for a thorough review of daily operations with the goal of identifying obsolete practices and areas of improvement. Evaluate A successful supply chain automation process includes an evaluation strategy that is developed in tandem with an implementation strategy.

Supply Chain Software 111

Supply Chain Software Supply Chain Planning Software Supply Chains Automation 111

3PL Links

MAY 9, 2024

In order to avoid errors and guarantee the best possible use of the resources at hand, this method integrates a number of technologies. This strategy seeks to save expenses, minimize errors, boost operational effectiveness, and expedite response to market demands.

Warehousing 48

Warehousing Optimal Sourcing Inventory Reduction Expense Reduction 48

SYSPRO Smarter ERP

FEBRUARY 13, 2023

Applying the correct Business Intelligence tools to this data for data analysis, trends and forecasts makes the combination invaluable. Today, Business Intelligence is understood as the gathering, storage and analysis of business data. What’s Your Business IQ? Business intelligence ultimately drives improved business effectiveness.

ERP 105

ERP Supply Chain Software Cost Reduction Definition 105

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

Ship Monk

APRIL 30, 2024

Order Management This is the most important element of ecommerce software. Every part of the fulfillment process from BUY to delivery is critical and the platform responsible for those orders needs to be able to track them at every stage while keeping you updated with complete visibility. How much do I order?

Supply Chain Design Software 87

Supply Chain Design Software Supply Chain Planning Software Optimization Software Modeling Software 87

Logistics Viewpoints

NOVEMBER 17, 2023

retailers could be saddled with too much stock for a second straight year, according to a Reuters analysis, jeopardizing retailers’ profit margins and generating steep discounts for shoppers. As the holiday shopping season approaches, major U.S. retailers for Reuters. The pharmacy recently closed a warehouse in Edwardsville, Ill.,

Logistics Network Optimization Software 133

Logistics Network Optimization Software Sourcing Strategies Manufacturing Procurement Supply Chain Software 133

The Logistics of Logistics

MARCH 18, 2021

From 2006 to 2020, Chris played key leadership roles (including Chief Strategy Officer from 2010-2020) at Coyote Logistics (a UPS Company), a leading provider of non-asset based 3PL solutions across North America and Europe. As rates move higher, net Class 8 tractor orders spike, and incremental capacity enters. He earned a B.S.

Price Reduction 195

Price Reduction Cost Reduction Supply Chain Design Software Supply Chain Software 195

Log-hub

NOVEMBER 6, 2023

Maintaining optimal stock is not just about inventory management; it’s a strategic imperative that impacts customer satisfaction, streamlines order fulfillment processes, reduces lead times, and improves order cycle times, thus enhancing overall efficiency of the entire supply chain.

Optimization Software 52

Optimization Software Inventory Reduction Optimization Cost Reduction 52

CLX Logistics

MAY 15, 2024

Transportation strategy As the Company competes in both the commodity and specialty goods markets, how do they leverage the investment in talent and experience to meet the needs of their customers in different transportation markets in different regions of the world? Should raw materials be produced domestically or imported?

Inventory Reduction 59

Inventory Reduction Material Savings Cost Reduction Optimization Software 59

CLX Logistics

MAY 15, 2024

Transportation strategy As the Company competes in both the commodity and specialty goods markets, how do they leverage the investment in talent and experience to meet the needs of their customers in different transportation markets in different regions of the world? Should raw materials be produced domestically or imported?

Logistics Network Optimization Software 57

Logistics Network Optimization Software Inventory Reduction Material Savings Cost Reduction 57