FreightWaves SONAR

MARCH 2, 2021

From a financial standpoint, transportation cost analysis remains focused on determining the value of the resources used to execute a given shipment and goes well beyond benchmarking. Moreover, this kind of analysis does not focus on who ends up paying which expenses in the end. The challenges of limited transportation cost analysis.

Analysis 98

Analysis Price Reduction Cost Reduction Supply Chain Planning Software 98

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

Logistics Business Magazine

JANUARY 27, 2023

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.

Resource Reduction 47

Resource Reduction Material Savings Strategy Packaging 47

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

Linxup

FEBRUARY 8, 2024

What you truly need is a comprehensive fleet management solution, a reliable partner that grants you 360 visibility. This enables you to transform both historical and real-time data into proactive strategies. Mere reactions to problems after they occur are no longer sufficient to ensure sustained profitability.

Resource Reduction 105

Resource Reduction Cost Reduction Events Training 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

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. Scalability is a huge component of alternative strategies. Alternative warehouse strategies help enterprises, but also small and midsize businesses.

Inventory Reduction 78

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

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

The Logistics of Logistics

APRIL 21, 2023

Prior to Flock, he 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. To learn more about the company, offerings, and careers, visit flockfreight.com.

Supply Chain Design Software 296

Supply Chain Design Software Optimization Software Logistics Network Optimization Software Waste Reduction 296

SYSPRO Smarter ERP

FEBRUARY 27, 2023

Your operational efficiency depends on everything being connected to deliver a reliable service. A workflow analysis will allow for a thorough review of daily operations with the goal of identifying obsolete practices and areas of improvement. What are the bottlenecks and inefficiencies?

Supply Chain Software 111

Supply Chain Software Supply Chain Planning Software Supply Chains Automation 111

EazyStock

AUGUST 21, 2020

There are many financial benefits to introducing stock reduction strategies – in particular focusing on your excess and obsolete items. Here we’re going to focus on our favorite top five inventory reduction strategies. So it makes sense to look for ways to reduce inventory and keep levels under control!

Inventory Reduction 52

Inventory Reduction Cost Reduction Price Reduction Resource Reduction 52

GlobalTranz

MARCH 24, 2015

Carriers in the trucking industry and also shippers today are actively looking for ways to combat the rising costs of operating their businesses, but they often do not fully understand proper benchmarking, transportation cost analysis, and profit management are intertwined. Maintenance repair was the next most expensive line item expense.

Purchasing Skills 94

Purchasing Skills Cost Reduction Analysis Procurement Analytics 94

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

Dedola Global Logistics

JANUARY 14, 2023

By working with reputable carriers who own their trucks, we can provide reliable and efficient transportation services to our clients. Case Studies: DGL’s Successful Transloading Strategies for Clients in Various Industries. We conducted a cost analysis of truck vs. rail shipping from Long Beach to Chicago. DID YOU READ IT?

Examples 95

Examples Cost Reduction Expense Reduction Inventory Reduction 95

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

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. A comprehensive supplier management strategy helps organizations arrange suppliers based on different tiers of importance and reliability. .

Sourcing Strategies 98

Sourcing Strategies Price Reduction Vendor Strategies Cost Reduction 98

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. This resulted in more predictable, reliable dispatch and delivery times for their facilities, helping managers improve workforce scheduling for current and future shifts.

Optimization Software 144

Optimization Software Modeling Software Efficiency Inventory Reduction 144

MTS Logistics

DECEMBER 18, 2023

Ports have become more efficient, trucking issues have resolved, and carrier reliability has returned to pre-Covid levels. Carriers may adopt strategies like slow steaming and blank sailings to manage capacity. Service reliability will be affected due to these strategies, influencing overall freight rates.

Negotiating Skills 100

Negotiating Skills Price Reduction Industry Sourcing Strategies 100

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. Strategies for Surviving the Capacity and Trucker Shortage. Here are additional priorities in planning for capacity shortage.

Resource Reduction 101

Resource Reduction Price Reduction Cost Reduction Capacity 101

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

3PL Links

FEBRUARY 13, 2023

How to Innovate Your Supply Chain Management: What You Need to Know | Image Source: Axestrack Organizations must prioritize supply chain management and implement strategies to increase its efficiency if they want to compete in the market. Given the variety of products and business strategies, supply chain management is not a static concept.

Supply Chain Design Software 62

Supply Chain Design Software Optimal Sourcing Supply Chain Design Supply Chain Software 62

GoShip Blog

JANUARY 5, 2024

From GPS tracking to RFID technology, these digital solutions are reshaping the landscape of freight logistics, offering reliability and transparency that were once unimaginable. The shift to digital has enhanced tracking capabilities and improved overall supply chain efficiency, reducing costs and increasing reliability.

Optimization Software 52

Optimization Software Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Software 52

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. When this visibility is focused on strategic materials, a buyer’s supply chain becomes more agile and reliable. The use cases just keep expanding.

Supply Chain Design Software 121

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

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

Dedola Global Logistics

JANUARY 14, 2023

By working with reputable carriers who own their trucks, we can provide reliable and efficient transportation services to our clients. We conducted a cost analysis of truck vs. rail shipping from Long Beach to Chicago. This could have had a significant impact on their profits.

Examples 52

Examples Cost Reduction Expense Reduction Inventory Reduction 52

Logistics Viewpoints

APRIL 10, 2024

A robust supply chain has strong and reliable components, such as infrastructure, equipment, technology, and human resources, that can withstand shocks and stresses. 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

Logistics Viewpoints

AUGUST 14, 2023

Nevertheless, the argument that trade compliance is complementary to a company’s overall tax strategy certainly makes sense to many companies. A TMS helps companies move freight from origin to destination efficiently, reliably, and cost-effectively. In many companies, the legal department also rolls up to finance.

Compliance 105

Compliance Supply Chain Design Software Supply Chain Planning Software Sourcing Strategies 105

Logistics Viewpoints

DECEMBER 12, 2023

Today’s warehouse environment is too complex and fast-moving to manage effectively via human cognition, as well as manual planning and analysis. It can test various strategies such as adding new hires, onboarding a new robot, or changing the distribution center layout. billion in 2022 to $3.12 What Exactly Does a WES Do?

Supply Chain Planning Software 168

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

Logistics Bureau

AUGUST 2, 2021

For example, you might use simple observation to identify visible defects at goods-in, or you could make your analysis a bit deeper by testing a percentage of items received from the supplier. In procurement, cost analysis is not just about the price of your company’s purchases. How reliable are your suppliers?

Procurement Analytics 117

Procurement Analytics Procurement Solutions Optimal Sourcing Procurement 117

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. SRM not only leads to better prices and more reliable service, it can also lead to greater efficiencies and more innovative products that keep you ahead of the competition. If so, good on you!

Negotiate Pricing 85

Negotiate Pricing Negotiating Skills eCommerce Purchasing Skills 85

Blue Grace Logistics

JULY 27, 2021

We explore how predictive analytics and big data with human sentiments can add value and amplify their supply chain strategies. Approaching a demand analysis with historical data and seasonal variations is no longer competent. Every step of the way can use predictive analysis. billion by 2022.

Procurement Analytics 62

Procurement Analytics Supply Chain Planning Software Supply Chain Software Supply Chain Design Software 62

GlobalTranz

OCTOBER 6, 2021

Leveraging a 3PL’s relationships, people, processes and technology helps businesses balance supply and demand volatility and secure reliable and consistent capacity. Access to to real-time data and the ability to perform real-time analysis enables businesses to make data-driven decisions to drive efficiency into the supply chain.

Optimal Sourcing 86

Optimal Sourcing Optimization Software Modeling Software Supply Chain Software 86

SYSPRO Smarter ERP

OCTOBER 20, 2021

The second step will be to convert all critical business data produced going forward that requires analysis to be collected going forward. With digitalization, you can manage day-to-day performance reliably, learn from the past and respond to future swings in market dynamics. Digital transformation: a strategy.

Digital 133

Digital Factories Supply Chain Planning Software Supply Chain Software 133

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 52

Supply Chain Software Logistics Network Optimization Software Automation Sourcing Strategies 52

EazyStock

JUNE 23, 2022

All successful businesses use data to develop strategies and review their outcomes. But as the number of systems being used increases, the amount of data available for consumption and analysis grows exponentially. Big data analysis allows you to get real-time information about the flow of supply chain operations and stock management.

Inventory Reduction 52

Inventory Reduction Optimal Sourcing Inventory Supply Chain Planning Software 52

Material Handling and Logistics

JULY 13, 2018

One of the biggest obstacles to setting and implementing strategies for responsible sourcing is accessing reliable and current data and analysis, according to The Dragonfly Initiative CEO, Assheton Carter.

Sourcing Strategies 87

Sourcing Strategies Manufacturing Procurement Optimal Sourcing Sourcing 87

FreightWaves SONAR

JANUARY 25, 2021

Customers wanted and soon demanded reliable, fast and free or very affordable shipping. The best and only successful way to overcome flawed data analysis is to use effective technology. Considering that, it’s easy to see how increased transportation data use can translate into more meaningful pricing strategies.

Price Reduction 86

Price Reduction Data Supply Chain Software Supply Chain Planning Software 86