EazyStock

FEBRUARY 17, 2021

Inventory Replenishment Strategies to Boost Profitability. To overcome all these inventory management risks, you need a toolbox of effective inventory replenishment strategies. 5 Inventory Replenishment Strategies to Increase Profits. Any business that carries inventory needs to avoid stockouts and back orders.

Inventory Reduction 75

Inventory Reduction Material Savings Price Reduction Cost Reduction 75

Logistics Viewpoints

DECEMBER 15, 2022

For companies that want to go beyond the traditional spreadsheet, which cannot handle this ocean of information efficiently, statistical methods such as cluster analysis can help. What is Cluster Analysis? Cluster analysis is a statistical umbrella term for methods that classify data points according to their attributes.

Optimal Sourcing 116

Optimal Sourcing Analysis Procurement Analytics Purchasing Skills 116

Log-hub

NOVEMBER 22, 2023

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.

Inventory Reduction 40

Inventory Reduction Analysis Material Savings Waste Reduction 40

Log-hub

NOVEMBER 22, 2023

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.

Inventory Reduction 40

Inventory Reduction Analysis Material Savings Waste Reduction 40

MTS Logistics

APRIL 5, 2023

Earlier this week, OPEC+ announced a significant production cut of the world’s oil output. The cut, announced Monday, means OPEC+ will produce about 1 million fewer barrels of oil a day. Here’s why: in general, oil production levels directly affect tanker shipping prices.

Price Reduction 72

Price Reduction Production Industry Maintainability 72

Log-hub

NOVEMBER 22, 2023

7 min read Maximizing Warehouse Efficiency: Unleashing the Potential of ABCD Analysis In the dynamic world of supply chain management, optimizing warehouse operations has become an indispensable factor for businesses. One of the most powerful tools employed in this endeavor is the ABCD Analysis.

Inventory Reduction 40

Inventory Reduction Analysis Material Savings Waste Reduction 40

MTS Logistics

APRIL 3, 2023

Despite this, bloated inventories due to reduced consumer demand are still putting pressure on warehouse rates, leading to a new inflation warning for consumers. However, with demand now lower-than-anticipated, warehouses are operating at reduced capacity, leading to higher warehouse rates.

Inventory Reduction 93

Inventory Reduction Cost Reduction Price Reduction Supply Chains 93

The Logistics of Logistics

AUGUST 28, 2023

Throughout her career, Sarah has been recognized for developing and executing sales strategies that help clients choose the best products for their needs. The platform also includes features like credit reports, fuel price data, and broker authority information to further assist users in their decision-making process. The Greenscreens.ai

Supply Chain Planning Software 360

Supply Chain Planning Software Logistics Network Optimization Software Optimization Software Optimal Sourcing 360

The Logistics of Logistics

APRIL 1, 2022

Flatbed Messenger eliminates empty miles by matching Home Depot’s dedicated capacity to Loadsmart shippers who need flatbed services. Enterprise brands looking to reduce empty miles from their dedicated/private flatbed capacity can reach out directly to flatbedmessenger@loadsmart.com for more information.

Logistics Network Optimization Software 282

Logistics Network Optimization Software Supply Chain Software Price Reduction Freight 282

Freightos

NOVEMBER 15, 2023

Judah Levine November 15, 2023 Optimize your logistics tendering, vendor selection, negotiations, and procurement with Freightos Data Book a Demo Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) increased 6% to $1,711/FEU. Asia-US East Coast prices (FBX03 Weekly) climbed 3% to $2,421/FEU.

Price Reduction 103

Price Reduction Negotiating Skills Vendor Strategies Resource Reduction 103

Locus

JUNE 16, 2023

Fuel costs: Last-mile fuel costs require careful management as they make up 25% of a truck’s operational costs over volatile price fluctuations. 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.

Cost Reduction 98

Cost Reduction Expense Reduction Inventory Reduction Price Reduction 98

Logistics Viewpoints

JUNE 8, 2023

The High Cost of Ignoring Delivery Optimization Failing to utilize technology for optimizing delivery processes comes with a steep price. Sustainability: Reduce the carbon emissions impact of last-mile operations by adopting green fleets and implementing emissions reporting.

Modeling Software 122

Modeling Software Optimization Software Supply Chain Design Software Logistics Network Optimization Software 122

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. The next 3 bullet points are cut and pasted from the Picket Research website. He earned a B.S.

Price Reduction 276

Price Reduction Cost Reduction Supply Chain Design Software Supply Chain Software 276

MTS Logistics

OCTOBER 19, 2022

Falling domestic prices will make U.S. The congestion in ports has started to ease gradually and the chances for exporters to find reservations and load at more competitive prices will increase. Undoubtedly, this situation, together with the situation in the domestic market where prices are falling, will lead U.S. The Market.

Analysis 85

Analysis Price Reduction Freight forwarding Cost Reduction 85

Freightos

NOVEMBER 7, 2023

Judah Levine Optimize your logistics tendering, vendor selection, negotiations, and procurement Book a Demo Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) increased 3% to $1,609/FEU. Asia-US East Coast prices (FBX03 Weekly) climbed 7% to $2,357/FEU. kg China – N.

Negotiating Skills 114

Negotiating Skills Price Reduction Vendor Strategies Cost Reduction 114

Freightos

DECEMBER 20, 2022

However, the sheer scope of price increases – and ensuing decrease – changed that dynamic. More than 80% of goods – by volume – are moved by ocean freight globally, so shipping costs directly impact the price level of imported goods. Let’s start by taking a look at global ocean freight prices.

Purchasing Skills 62

Purchasing Skills Analysis Cost Reduction Freight 62

Logistics Problem Solving

AUGUST 4, 2017

What do you do if your logistics strategy is just not working? While there are ways to reverse course after a faulty strategy is deployed, you must first admit it was faulty. Testing is not only a good idea, it is crucial to developing a logistics strategy. This never happens. It’s the key to avoiding unintended consequences.

Expense Reduction 59

Expense Reduction Cost Reduction Price Reduction Strategy 59

GlobalTranz

AUGUST 17, 2015

A vigorous supplier relationship management (SRM) strategy can assist organizations in maximizing partnership value, minimize risk, and manage costs through the entire supplier relationship lifecycle. The company also realized a 10% increase in stock price since the summer of 2014, in a highly competitive and regulated market.

Sourcing Strategies 98

Sourcing Strategies Price Reduction Vendor Strategies Cost Reduction 98

SYSPRO Smarter ERP

AUGUST 28, 2023

Benefit 2: Enhanced organizational controls and compliance Advanced ERP systems provide features like dimension analysis, offering a multi-dimensional view of financial data. This enables flexible financial analysis, improves governance, and supports scalability as businesses grow and expand their operations globally.

Supply Chain Design Software 98

Supply Chain Design Software Supply Chain Planning Software Optimization Software ERP 98

FreightWaves SONAR

JANUARY 25, 2021

For managers in the transportation industry, freight load pricing accuracy remains a source of confusion and disruption. The best and only successful way to overcome flawed data analysis is to use effective technology. Making the most of freight management and data analysis services will represent a key focus in the years ahead.

Price Reduction 86

Price Reduction Data Supply Chain Software Supply Chain Planning Software 86

FreightWaves SONAR

MAY 17, 2023

SONAR Supply Chain Intelligence (SCI) takes the high frequency data SONAR is known for one step further by providing data analysis that leads to actionable insights. Finding that sweet spot – even if it isn’t the lowest possible number – ultimately leads to reduced transportation costs and improved routing guide compliance.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Planning Software Price Reduction Cost Reduction 52

ShipLilly

FEBRUARY 12, 2021

Such price differentials are particularly prominent regarding premium or preferential services. Even with the higher quotes and prices, there is no guarantee of premium space. The average spot rates and contract rates are continuing to rise according to Alan Murphy of Sea-Intelligence Maritime Analysis. Wrapping Up.

Analysis 105

Analysis Manufacturing Procurement Purchasing Skills Price Reduction 105

The Logistics of Logistics

JANUARY 28, 2022

Previously advised companies on corporate strategy and M&A in Brazil and New York for 8 years. Transforming the future of freight, Loadsmart leverages artificial intelligence, machine learning and strategic partnerships to automate how freight is priced, booked and shipped. About Felipe Capella. About Loadsmart.

Cost Reduction 260

Cost Reduction Optimization Software Price Reduction Logistics Network Optimization Software 260

GlobalTranz

OCTOBER 16, 2015

So we thought we would impart upon all the shippers out there some tips on how to reduce overall costs for effective LTL Procurement. 10 LTL Procurement Cost Cutting Tips. Analyze bids for optimal pricing and service scenarios. Due diligence is a shipper's most important step in successful bid analysis.

Negotiating Skills 90

Negotiating Skills Price Reduction Optimal Sourcing Cost Reduction 90

MTS Logistics

SEPTEMBER 20, 2023

Higher fuel prices have already been felt at the pump by consumers in the form of rising gas prices, and now shipping at-large is starting to feel the effects. After WTI crude prices hit a low of around $67 per barrel in June, prices rose to over $91 per barrel yesterday, September 19th. Why are fuel costs rising so high?

Cost Reduction 86

Cost Reduction Price Reduction Logistics Supply Chains 86

Freightos

FEBRUARY 22, 2024

Judah Levine February 22, 2024 Optimize your logistics tendering, vendor selection, negotiations, and procurement with Freightos Data Book a Demo Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) increased 1% to $4,889/FEU. Asia-US East Coast prices (FBX03 Weekly) climbed 3% to $6,764/FEU.

Price Reduction 71

Price Reduction Negotiating Skills Vendor Strategies Resource Reduction 71

WorkWave

MARCH 26, 2024

Let’s delve into this topic to understand its significance and explore strategies for optimizing delivery routes to enhance customer satisfaction. By minimizing fuel consumption, reducing vehicle wear and tear, and optimizing driver schedules, businesses can cut down on operational costs associated with logistics.

Optimization Software 105

Optimization Software Optimization Logistics Network Optimization Software Cost Reduction 105

Blue Grace Logistics

MAY 30, 2023

A predictive analysis of shippers confidence for the upcoming quarter correlating growth or shrinkage to overall volume of shipments and price of products. 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

GlobalTranz

JUNE 15, 2015

A thorough analysis provided by the Council of Supply Chain Management Professionals , (CSCMP) in its “ State of Logistics ” report, indicates that by 2017, shippers in the U.S. Noel Perry, economist and trucking industry expert, predicts a reduction in the nation’s trucking force by 700,000 drivers.

Resource Reduction 101

Resource Reduction Price Reduction Cost Reduction Capacity 101

Logistics Problem Solving

AUGUST 4, 2017

What do you do if your logistics strategy is just not working? While there are ways to reverse course after a faulty strategy is deployed, you must first admit it was faulty. Testing is not only a good idea, it is crucial to developing a logistics strategy. This never happens. It’s the key to avoiding unintended consequences.

Expense Reduction 48

Expense Reduction Cost Reduction Price Reduction Strategy 48

The Logistics of Logistics

OCTOBER 12, 2022

Anthony transitioned to a Corporate Economist & Consultant, advising CXO leaders and Fortune 500 companies on economic analysis, industry trends, and internal strategy. He led analysis around M&A, pricing sensitivity, competitive intelligence, and annual sales forecast for the executive team.

Logistics Network Optimization Software 273

Logistics Network Optimization Software Supply Chain Software Sourcing Strategies Manufacturing Procurement 273

Turvo

OCTOBER 7, 2021

The volatility the market witnesses today has led supply chain stakeholders like shippers, carriers, and manufacturers to obsessively look at driving efficiencies into their workflow, while cutting costs. From finding the right 3PL partners, to eliminating the RFP process and lengthy negotiations, shippers have several ways to gain benefit.

Optimization Software 85

Optimization Software Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 85

Logistics Viewpoints

MARCH 25, 2021

Global trade regulations and conflicts, as well as tariff threats as a political tool, could cut off sources and markets and push your business plan into the red. Your transportation consultant can help develop response strategies to ensure your supply chain continues to operate while the problem is addressed.

Supply Chain Planning Software 185

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 185

Stord

JANUARY 7, 2019

The Wall Street Journal’s recent analysis of retailers’ logistical challenges highlights the appeal and success of alternative solutions to traditional warehousing in retail and beyond. Demand for these warehouses, driven by the explosion of e-commerce sales, has increased prices and decreased vacant storage space.

Inventory Reduction 78

Inventory Reduction Price Reduction Supply Chain Planning Software Supply Chain Software 78

Blue Grace Logistics

FEBRUARY 21, 2023

A predictive analysis of shippers confidence for the upcoming quarter correlating growth or shrinkage to overall volume of shipments and price of products. 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

Logistics Bureau

NOVEMBER 6, 2023

Of course, there is no quick and easy way to curb increases in the cost of energy and labour, but now is an excellent time to start thinking about practical ways to reduce energy usage and increase labour productivity and efficiency. There are several possible ways to eliminate this form of energy wastage.

Cost Reduction 107

Cost Reduction Purchasing Skills Waste Reduction Material Savings 107

The Logistics of Logistics

MAY 9, 2022

Ben is VP of Account Management at Loadsmart , which is transforming the future of freight, they leverage artificial intelligence, machine learning and strategic partnerships to automate how freight is priced, booked and shipped. No more back and forth emails and phone calls haggling over pricing. About Ben Buchanan. About Loadsmart.

Optimization Software 195

Optimization Software Freight Modeling Software Price Reduction 195