3PL Links

MARCH 11, 2024

Top 6 Most Important Inventory Optimization Strategies | Image source: Shipdepot Decreased output, unanticipated expenses, and delivery delays are just a few of the issues that can occur from a lack of inventory management. Discover six strategies for inventory optimization if your firm has been dealing with similar issues.

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Inventory Reduction Optimal Sourcing Expense Reduction Cost Reduction 48

Locus

MARCH 27, 2024

But here’s the kicker for retailers: amidst all this chaos, they’ve got to keep their delivery costs lean without compromising on giving customers a smooth and enjoyable experience. This situation demands not just managing costs but also turning the returns process into a positive touchpoint with customers.

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Cost Reduction Inventory Reduction Expense Reduction Resource Reduction 52

WorkWave

JANUARY 8, 2024

Choosing the right pricing strategy is essential for businesses aiming to thrive in competitive landscapes and secure a prominent position within local markets. In this blog, we’re going to cover why every service business owner needs to prioritize pricing strategies and discuss three of the most common and strategic pricing models.

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Price Reduction Material Savings Cost Reduction Resource Reduction 52

FreightWaves SONAR

JANUARY 28, 2021

Adjusting current logistics strategies demonstrated the second great challenge of the pandemic. Embracing new and improved logistics strategies remains the best way to adapt to clients’ changing demands in 2021 and beyond. Now more than ever, shippers need to find innovative ways to make the most of real-time freight data and analysis.

Waste Reduction 105

Waste Reduction Resource Reduction Price Reduction Cost Reduction 105

WorkWave

JANUARY 8, 2024

Choosing the right pricing strategy is essential for businesses aiming to thrive in competitive landscapes and secure a prominent position within local markets. In this blog, we’re going to cover why every service business owner needs to prioritize pricing strategies and discuss three of the most common and strategic pricing models.

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Price Reduction Material Savings Cost Reduction Resource Reduction 52

Locus

JUNE 15, 2023

As supply chains move past the uncertainties of 2020, they are met with new challenges while continuing to meet demands for greater efficiency, reduced operational costs and memorable consumer experiences. Without data and insights, creating strategies to enhance SCM is like groping in the dark. Watch Webinar 3.

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Cost Reduction Supply Chain Planning Software Supply Chain Software Optimization Software 52

WorkWave

NOVEMBER 6, 2023

In this blog post, we will delve into the intricacies of order management, the role of an Order Management System (OMS), what happens after checkout and how to master your order management strategy with the help of cutting-edge order management systems and order management software. What Is Order Management?

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GlobalTranz

FEBRUARY 24, 2021

Among these, an integrated return management strategy can make or break successful operations. Failure to consider how the disruption affects all parts of the supply chain will lead to delays and added costs. Use Real-Time Data to Inform Your Returns Management Strategy. Contact Our Reverse Logistics Team Today.

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Cost Reduction Inventory Reduction Resource Reduction Supply Chain Planning Software 110

Blue Grace Logistics

FEBRUARY 29, 2024

Webinars Show Submenu Resources The Logistics Blog® Newsroom Whitepaper Case Study Webinars Indexes Search Search Adam White - February 29, 2024 LinkedIn Live Webinar On-Demand: Transportation Cost: The impacts & how to gain visibility to the right data What’s the Topic? We can help.

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Blue Grace Logistics

MAY 9, 2024

Webinars Show Submenu Resources The Logistics Blog® Newsroom Whitepaper Case Study Webinars Indexes Search Search BlueGrace Logistics - May 9, 2024 Supply Chain Now Webinar On-Demand: From Insight to Impact: Optimizing Your Logistics Operations Missed our live event? No worries!

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Optimization Software Optimization Resource Reduction Cost Reduction 77

Locus

OCTOBER 17, 2023

Today, teams are armed with data like never before, making the jobs of NFL scouts more efficient. But what is it about a data-driven approach that gives scouts the edge? Which driver contributed to the highest cost per mile ? How many route deviations did the driver make? What is the time under the roof for a vehicle?

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Cost Reduction Supply Chain Planning Software Optimization Software Data 52

EazyStock

MARCH 14, 2023

The right purchasing and logistics strategies give companies an edge during these unique, uncertain times and, during the return “to normal,” a greater competitive advantage and continued growth. Rapid cost increases, interest rate hikes and reduced demand require more effective inventory management and forecasting attention.

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Inventory Reduction Price Reduction Cost Reduction Waste Reduction 52

Logistics Viewpoints

APRIL 6, 2023

Their metrics are often misaligned as well – supply chain focuses on service and procurement focuses on the cost of acquiring materials and services. This approach results in inefficiencies, higher costs, and missed opportunities. These costs fall within the “Cost of Goods Sold” components of the company’s financial statement.

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Optimal Sourcing Manufacturing Procurement Sourcing Strategies Procurement Analytics 121

10xLogistics

MAY 15, 2024

Collaborative Planning, Forecasting, and Replenishment (CPFR) is a strategy that has revolutionized this space, offering a systematic approach to reducing supply chain inefficiencies. A lack of trust can prevent the open exchange of this data, reducing the effectiveness of collaboration.

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FreightWaves SONAR

APRIL 20, 2021

Regardless, reducing the impact on the environment while also keeping consumer loyalty and boosting efficiency can be tricky, but is possible. Increase your use of rail transport to lower costs One way to lower costs over the short- and long-term lies in the use of rail transportation.

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Cost Reduction Expense Reduction Resource Reduction Logistics Network Optimization Software 97

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. Freight transport cost per shipment. It’s that simple.

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Sourcing Strategies Cost Reduction Supply Chain Planning Software Optimization Software 98

Blue Grace Logistics

APRIL 1, 2024

In an era where resilience and adaptability are key to survival, technology has become the bedrock upon which supply chain professionals build their strategies. LLMs fueling data-driven decision-making LLMs have stormed the tech landscape in recent years, and their applications in supply chain management are nothing short of transformative.

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Optimal Sourcing Supply Chain Software Optimization Software Supply Chain Planning Software 112

Blue Grace Logistics

OCTOBER 18, 2023

Enhancing Supply Chain Sustainability Show Submenu Resources The Logistics Blog® Newsroom Whitepaper Case Study Webinars Indexes Search Search BlueGrace Logistics - October 18, 2023 October is Sustainability Month, a time to reflect on our impact on the planet and seek ways to reduce our carbon footprint. Why is it crucial?

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Resource Reduction Cost Reduction Supply Chain Planning Software Supply Chain Software 62

Logistics Bureau

SEPTEMBER 4, 2023

Have you conducted a cost-to-serve (CTS) analysis for your enterprise? And that is the sole purpose of cost-to-serve analysis. If you were going to say, “What is a cost-to-serve analysis?” When costs begin to spiral out of control, the result is usually a loss of revenue in proportion to sales.

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Negotiating Skills Purchasing Skills Cost Reduction Analysis 89

Locus

MAY 15, 2023

With this growth potential in mind, Locus recently organized a roundtable discussion with industry leaders in the D2C segment on how brands can equip themselves to discover new last-mile efficiencies, reduce costs and engage more meaningfully with their customers with intelligent last-mile logistics solutions.

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GlobalTranz

DECEMBER 30, 2021

Before we close the curtains on 2021, we thought we’d revisit ten of our most popular blog posts that resonated with our readers, capturing the challenges and opportunities of an unparalleled year of disruption across the supply chain. Without further ado, here are GlobalTranz’s top posts of 2021: #1.

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Locus

JUNE 16, 2023

Customer satisfaction and keeping costs in check rests on optimal last-mile delivery operations. Naturally, the costs of meeting such expectations, especially on the delivery front are also increasing. The biggest challenge that logistics providers face is rising last-mile carrier delivery costs. These include: 1.

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Cost Reduction Expense Reduction Inventory Reduction Price Reduction 98

EazyStock

DECEMBER 13, 2020

In a perfect world, supply chain managers would be able to foresee every possible risk and threat to their supply chain and have a strategy prepared to successfully address any challenges when the moment came. Maybe you need to diversify your supplier network to cover any supplier closures or increased logistical/delivery costs.

Inventory Reduction 98

Inventory Reduction Sourcing Strategies Supply Chain Planning Software Cost Reduction 98

Blue Grace Logistics

AUGUST 10, 2021

What This Blog Is About: What is omnichannel and its impact on physical retail? 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.

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Expense Reduction Cost Reduction Strategy Optimization Software 62

FreightWaves SONAR

FEBRUARY 29, 2024

Housing starts are calling for lumber kits, industrial purchasers are ordering products for their projects, and construction companies are planning their moves and strategies for the year. Shippers often manage transportation for these projects with historical data, bids from trusted carriers and a lot of guesswork.

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Purchasing Skills Data Sourcing Strategies Trends 59

Blue Grace Logistics

MARCH 17, 2022

Fuel costs are the second highest expense to a trucking company and are on the rise. High priced diesel fuel impacts the total cost of transportation through fuel surcharges. Shippers must look to other areas to help manage logistics costs. What’s in this article: Current market volatility on rising fuel costs.

Cost Reduction 62

Cost Reduction Price Reduction Expense Reduction Waste Reduction 62

CLX Logistics

MAY 15, 2024

Chemical manufacturers and their transportation and supply chain partners are under constant pressure to reduce spending and increase margins. They also recognized the need to look beyond their own data, and wished for experienced input on their procurement strategy.

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Optimal Sourcing Supply Chain Planning Software Optimization Software Supply Chain Software 61

Morai Logistics

JANUARY 11, 2018

This post highlights three strategic areas which many companies overlooked in 2017; strategy, security & interaction, and how to best achieve improvements in these areas. For this reason in today’s blog post, we’ve highlighted some important developments in the world of supply chains and how to best tackle these new challenges.

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Cost Reduction Supply Chain Design Software Supply Chain Software Supply Chain Design 79

GoShip Blog

NOVEMBER 15, 2023

Now, scale that up to the world of freight shipping, where a small data slip can mean big money lost. In the freight shipping industry, the accuracy of freight data is more than just a detail. It’s the cornerstone of cost management. But what happens when the data speaks incorrectly? It’s not just paperwork.

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Cost Reduction Supply Chain Planning Software Sourcing Strategies Data 52

SYSPRO Smarter ERP

APRIL 17, 2023

The manufacturing industry is currently undergoing a rapid digital transformation, and as a result, companies are generating vast amounts of data. Unfortunately, without proper processing and analysis, this data is of little use to the organization. This can lead to improved quality, reduced waste, and optimized production processes.

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Manufacturing Procurement Optimal Sourcing Supply Chain Planning Software Optimization Software 98

FreightWaves SONAR

MAY 7, 2024

This approach is cumbersome and fraught with challenges such as limited visibility, inefficient data management and difficulties in bid analysis. These platforms automate and digitize procurement workflows, simplifying data management and enhancing decision-making capabilities.

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Optimal Sourcing Optimization Software Supply Chain Software Procurement 64

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. Soon, it’ll almost be a guarantee that if you’re not leveraging modern data analytics properly, you’re losing money or leaving it on the table.

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Material Savings Sourcing Strategies Cost Reduction Inventory Reduction 40

Locus

MAY 2, 2023

Reducing 66% delivery costs with Locus According to Manuela Velez Araque, Lead Product Manager, Jüsto, efficient routing was one of the top three priorities for the company for timely and efficient fulfillment, given the size of cities like Mexico City and their complex traffic movements.

Cost Reduction 52

Cost Reduction Price Reduction Purchasing Skills Logistics Network Optimization Software 52

Locus

MAY 25, 2022

Here are seven key strategies that they have used to make it happen. Consistently failIng to do so means definitely losing their confidence, which reduces your revenue, and a decline in profitability. Building omnichannel fulfillment capabilities lets you minimize delivery time, saving operational costs involved in home deliveries.

Sourcing Strategies 52

Sourcing Strategies Inventory Reduction Cost Reduction Strategy 52

Freightos

APRIL 25, 2024

Blog " * " indicates required fields Email * Comments This field is for validation purposes and should be left unchanged. The Air Cargo Context Given its premium price, air cargo has historically been reserved for higher-cost, lower-volume products, avoiding the lower-margin, higher-volume products that Shein and Temu focus on.

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Cost Reduction Cargo Price Reduction Resource Reduction 88

FreightWaves SONAR

JULY 24, 2023

Freight costs and budget adherence are among the most important and often overlooked aspects of transportation management. The costs of logistics as a ratio of total expenses are too significant to ignore. In most industries, supply chain logistics account for 5% to 50% of a product’s total cost.”

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Cost Reduction Tips Expense Reduction Supply Chain Planning Software 105

SYSPRO Smarter ERP

JUNE 19, 2023

In comparison while ERP systems collect and manage data across the business, including inventory management, they lack the comprehensive capabilities of a dedicated WMS. However, this endeavor often involves complex and costly integration efforts, demanding ongoing attention to ensure seamless data and process synchronization.

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ERP Inventory Reduction Resource Reduction Cost Reduction 98