Logistics Business Magazine

SEPTEMBER 27, 2022

These were mainly related to the availability of spare parts. MV: Definitely. MV: Of course! It definitely is. MV: The price is of course an important factor for many of our customers, even if it is not fundamental. MV: Of course, these negotiations are very individual. MV: Very important!

Negotiating Skills 56

Negotiating Skills Purchasing Skills Manufacturing Procurement Price Reduction 56

Logistics Bureau

AUGUST 7, 2023

Standardise and Digitise The key to managing complexity, of course, is to be organised. Inventory Availability and Cost: Striking a Balance It’s rarely a good idea to think too lean in ecommerce inventory management. So what can you do to ensure your inventory management meets the challenge of multichannel sales?

Inventory Reduction 89

Inventory Reduction eCommerce Inventory Procurement Solutions 89

Ship Monk

JULY 9, 2021

We’re talking, of course, about eCommerce packaging. Cardboard boxes, for example, are an ubiquitous shipping staple, and for good reason! Not only can they handle a multitude of scenarios, but they’re also widely available, easy to store, and can take a beating on the road. The definition for “oversized” varies by carrier.

Packaging 98

Packaging eCommerce Packing Production 98

Freightera

MAY 31, 2022

However, if you’re shipping 4-5-6 pallets every 2 days then you might want to consider (if you have the space, of course) saving it up and shipping in bulk. For example, carriers may not know their pricing too far ahead of time because they cannot possibly predict their availability, so prices might fluctuate heavily.

How To 43

How To Freight Price Reduction Expense Reduction 43

Trans Global Auto Logistics

FEBRUARY 25, 2021

Reduced availability and breadth of shipping services (mainly in the near future). With so many containers in the West, there were not enough containers available in Asia to meet the surge in UK demand, leading to the spike in rates. Shipping to Europe and the UK is definitely still a viable option! Longer shipping times.

Expense Reduction 96

Expense Reduction Inventory Reduction Cost Reduction Resource Reduction 96

Shipping and Freight Resource

DECEMBER 9, 2021

In this edition of Executive Insights , we caught up with Thomas Bagge, the CEO of the organisation that did this exercise Digital Container Shipping Association (DCSA) , to discuss the various data standards available in the industry currently and how these standards can assist with the current issues plaguing the industry. Image : DCSA.

Data 90

Data Supply Chain Planning Software Supply Chain Software Digital 90

Ship Monk

JANUARY 27, 2021

In all fairness, eCommerce is definitely a driving force behind the changing landscape of retail. Meet BOPIS, otherwise known as one of the most popular baby names of 2021 — we’re kidding, of course. Take, for example, the Sephora app, which allows shoppers to try on different makeup products before picking them up in-store.

eCommerce 86

eCommerce Picking Material Savings Production 86

Logistics Bureau

JUNE 5, 2023

If you can’t see any apparent opportunities, ask yourself if it’s possible to create some, for example, by splitting the workload into shifts , enabling your vehicles to operate around the clock and reducing the time they spend parked up. You could look for a training organisation that offers train-to-train courses.

Cost Reduction 73

Cost Reduction Purchasing Skills Price Reduction Waste Reduction 73

Trans Global Auto Logistics

JANUARY 6, 2022

Of course, that didn’t happen, and this year’s delays are likely going to extend into if not beyond 2022. To understand what to expect with delays in shipping this season, it’s first critical to recognize the different methods that are available for global shipping. Different International Shipping Methods. What companies are involved.

Cargo 52

Cargo Security Availability Freight 52

Conger

JANUARY 17, 2023

5S Warehouse Examples 5S Warehouse Training: How to Get Your Team Ready How to 5S a Warehouse Warehouse 5S Checklist Warehouse 5S FAQs Warehouse 5S Quiz What Is 5S? For example, it avoids clutter, needless stock build-ups, tools and products on the way, wasted time looking for parts, and the creation of safety hazards. Let's dive in!

Waste Reduction 52

Waste Reduction Inventory Reduction Cost Reduction Resource Reduction 52

Forto

JUNE 23, 2020

There is one catch with Amazon FBA, of course: the service costs money. For example, for the screening of possible new goods that expand your product range. If you sell a lot, the professional seller account is definitely worthwhile for you. Please also note: As a commercial seller, you will of course need a trade licence.

Purchasing Skills 52

Purchasing Skills Manufacturing Procurement Packaging After-sales 52

Ship Monk

FEBRUARY 12, 2024

This is just an example of course, but it’s the perfect one to illustrate how impactful a review on a product page can be. As you merge further into this new year, definitely keep this advice in mind and optimize wherever and whatever you can so that your margins stay as healthy as possible.

Inventory Reduction 59

Inventory Reduction Material Savings eCommerce Resource Reduction 59

Locus

MARCH 27, 2024

Take XYZ Retail for example, juggling 100 diverse orders ranging from on-demand to next-day deliveries. These aren’t just any routes; they’re meticulously calculated courses designed to dodge delays, cut costs on fuel, and ensure timely deliveries across the board. This is where the magic of optimal routing comes into play.

Cost Reduction 52

Cost Reduction Inventory Reduction Expense Reduction Resource Reduction 52

SYSPRO Smarter ERP

NOVEMBER 3, 2021

The definition of “on-time” can vary depending on the shipping method and if partial deliveries occur but should be based upon the agreed date. This may lead to any number of follow-up actions, for example: Redesigning sourcing or material strategies.

Manufacturing Procurement 105

Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software Supply Chain Design 105

Logistics Bureau

NOVEMBER 15, 2021

Of course, you will need KPIs that cover each of these elements, so to help you select the right ones, the following sections provide overviews of some of the most useful KPIs in each category. First, of course, you will need some way to measure the rate at which your workforce is picking orders. 1) Speed up the Warehouse.

Inventory Reduction 62

Inventory Reduction Cost Reduction Expense Reduction How To 62

Logistics Bureau

MAY 24, 2021

For example, if your cost of goods sold for 2020 was $250,000, and your average inventory on hand was worth $25,000, your inventory turnover ratio would be $250,000/$25,000 = 10, meaning your entire stock of that particular SKU turns over around ten times per year. Using the previous example, dividing 365 days by 10 gives you 36.5

Inventory Reduction 118

Inventory Reduction Inventory Supply Chain Planning Software Supply Chain Software 118

Freightera

MAY 20, 2022

For example, the first tip we’d like to give you is: 1) Do not use just one carrier. For example, many shippers are so accustomed to using FTL (full truckload) services that they will do so even if they’re shipping only 10 medium-sized pallets. By having very competitive prices and providing excellent service, of course.

How To 44

How To Freight Tips Price Reduction 44

GlobalTranz

AUGUST 9, 2017

For example, a carrier’s fuel surcharge may vary from week to the next. However, weight is taking on new a new definition following implementation of dimension (DIM) pricing models. However, weight is taking on new a new definition following implementation of dimension (DIM) pricing models. Weight and Dimensional Pricing.

Negotiating Skills 49

Negotiating Skills Price Reduction Cost Reduction Waste Reduction 49

PINC

OCTOBER 2, 2019

Say, for example, a driver is nearing the end of his hours of service (HOS) limit as he pulls his tractor trailer into the yard. Most drivers have been in situations where they ran out of available HOS at a customer facility due to detention, and complain that detention can significantly impact their ability to comply with the HOS rules.

Waste Reduction 51

Waste Reduction Cost Reduction Trucking Picking 51

GlobalTranz

MAY 20, 2015

The US quality guru Joseph Moses Juran (born 1904 in Romania ) divides the supplier quality assurance process into nine steps: definition of the product’s quality requirements, evaluation of alternative suppliers. The definition of this metric is similar to the way it sounds. Cost of quality. This can be done in various ways.

Procurement Analytics 99

Procurement Analytics Supply Chain Planning Software Supply Chain Software Manufacturing Procurement 99

Conger

JULY 20, 2020

Of course not. With lots of options and aggressive marketing for online certification courses, you've probably had this question cross your mind. Now that we have that out of the way, let's talk about what you can expect from online courses. The course will most likely have end-of-section quizzes to test your knowledge.

How To 63

How To Buyer Training Training Course 63

Logistics Bureau

SEPTEMBER 20, 2022

For example, it either makes sense to outsource logistics activity to a 3PL, or it makes more sense to keep it in-house. For example, outsourcing can seem like a potential cure for obfuscated logistics costs , given that lack of cost transparency is a common issue for organisations that manage logistics internally.

Outsourcing 98

Outsourcing Cost Reduction Resource Reduction Expense Reduction 98

GlobalTranz

JUNE 15, 2016

Some shippers may feel they have the time and resources available to audit small packages. This means you have 25 days of auditing over the course of 180 days, and if you have 100 invoices to audit per week, you could be losing an entire day’s worth of work. Outsourced Small Package Auditing is Faster Than In-House Audits.

Outsourcing 48

Outsourcing Packaging Cost Reduction Expense Reduction 48

GlobalTranz

AUGUST 19, 2015

So if you're making a career switch and need to learn the ins and outs of freight brokering quickly, definitely consider taking a course. For example, being able to access your loads from anywhere means you can take care of business outside of the office as long as you've got your smartphone.

Resource Reduction 84

Resource Reduction Freight Training Blog 84

10xLogistics

DECEMBER 24, 2017

Build the transportation assets yourself - i.e., Amazon's acquisition of planes and doing "power only" where Amazon owns the trailers, are examples of this. For example, the final mile portion of XPO was created by XPO acquiring a company called 3PD. This is where the discussion of buying XPO comes in.

Material Savings 54

Material Savings Logistics Network Optimization Software Strategy Modeling Software 54

Talking Logistics

FEBRUARY 7, 2019

The answer is not only yes, but definitely so. The base units may all come from a large factory nearby or attached to brand headquarters, for example, but certain components (features/options, different color choices, tailored sizes) are applied or paired up closer to the end consumer’s location.

Supply Chain Software 63

Supply Chain Software Supply Chain Planning Software Supply Chains Scenario Planning 63

Shipping and Freight Resource

MARCH 10, 2020

In this article I unpack the difference between Maritime, Shipping, Freight, Logistics and Supply Chain and how it is all connected, starting with some simple definitions of these terms. Of course different freight types have different characteristics and susceptible to different types of cargo damage and needs expert handling in all cases.

Maritime 134

Maritime Supply Chain Planning Software Supply Chains Manufacturing Procurement 134

Logistics Bureau

JANUARY 7, 2020

Of course, it is helpful to have some statistics on hand to validate the statement above. The definition above is not from any textbook, but is one that I am sure you will agree, describes a state of affairs that any corporate leader or business owner would be happy to attain. . If you want business success (and who doesn’t?),

Supply Chain Design Software 122

Supply Chain Design Software Supply Chain Design Inventory Reduction Cost Reduction 122

Shipping and Freight Resource

JUNE 7, 2020

Now if I, as an outsider to the ship have felt a connection with the ship, I am pretty sure that many of the seafarers who spend months and years onboard ships (some times the same ship) would definitely have some intimate connection with the ship (people out there who “talk” to your cars or machines would know this).

Negotiating Skills 90

Negotiating Skills Buyer Training Availability Handling 90

Logistics Bureau

JANUARY 9, 2019

Of course, it is helpful to have some statistics on hand to validate the statement above. The definition above is not from any textbook, but is simply one that I’m sure you’ll agree, describes a state of affairs that any corporate leader or business owner would be happy to arrive at. Mini Case Study: Walmart.

Supply Chain Design Software 118

Supply Chain Design Software Supply Chain Design Inventory Reduction Cost Reduction 118

Forto

SEPTEMBER 1, 2021

Major calendar events are – quite literally – casting their shadows ahead for the supply chain: Golden Week in China, Black Friday and Cyber Monday on November 26 and 29, and of course Christmas holidays and also Chinese New Year are already just a few logistics steps away. Plan early, react in time!

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chains Security Scenario Planning 52

Conger

FEBRUARY 4, 2022

ASRS Definition. In fact, there are several automated storage and retrieval system examples, including: Shuttles. Then, they can be shipped out once staff and trucks are available. For example, there may be a need to turn products around within a certain time. Now, not all mini-load ASRS systems are the same.

Material Savings 52

Material Savings Inventory Reduction Cost Reduction Expense Reduction 52

Freightos

JANUARY 12, 2017

International Air Freight Shipping: Definition. CO2 emissions – Of course, air freight also leads to far more emissions. For example, according to this research , 2 tonnes shipped for 5,000 kilometers by ocean will lead to 150 kg of CO2 emissions, compared to 6,605 kg of CO2 emissions by air.

Purchasing Skills 48

Purchasing Skills Price Reduction Cost Reduction Trends 48

247 Customs Broker

JUNE 6, 2018

Of course, that would be hard to do if the business in question needs to pile on costs just in order to increase its market share. We’ll look at the specific costs involved in defining economies of scale and set out three items which are important in the definition. The modern assembly line is the best example of this.

Purchasing Skills 28

Purchasing Skills Negotiating Skills Sourcing Strategies Supply Chain Planning Software 28

Ship Monk

OCTOBER 17, 2022

We’ll cover all that and more in this guide, starting with an explanation of the difference between a 3PL and other types of logistics and fulfillment avenues available. The risk that comes with that, of course, is what can happen to your “baby” if you completely entrust its growth and care to someone else.

eCommerce 79

eCommerce 3PL Logistics Network Optimization Software Supply Chain Design Software 79

Blue Grace Logistics

MARCH 15, 2018

There are still some serious gaps, tracking being a great example of this. Of course, that privatization isn’t necessarily exclusive, but rather separate from other blockchains used just for the industry. Manufacturers and shippers have a hard time finding available capacity. Yet, the picture is incomplete. becomes apparent.

Logistics Network Optimization Software 54

Logistics Network Optimization Software Trucking Sourcing Strategies Manufacturing Procurement 54

Infosys Supply Chain Management

SEPTEMBER 30, 2014

If such a parts happen to be a repairable part, then it becomes imperative for an organization to track these and ensure that if it goes faulty it comes back to inventory, goes through the repair-return process and is finally back on the shelf as available to use. This could well be the first step towards solving such an issue.

Analysis 30

Analysis Inventory Definition Availability 30