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.

Price Reduction 52

Price Reduction Material Savings Cost Reduction Resource Reduction 52

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. These tools are helping businesses advance operations, enhance efficiency and drive growth, irrespective of the volatile economic market conditions.

Optimal Sourcing 127

Optimal Sourcing Supply Chain Software Optimization Software Supply Chain Planning Software 127

Blue Grace Logistics

MARCH 6, 2024

Evos Smart Tools offers advanced order optimization algorithms based on customized business rules, configurable variables, and API connections to create load plans that align with unique customer requirements. Financial details of the deal were not disclosed. I’m thrilled to have Evos as part of the BlueGrace family. “Our

Optimization Software 118

Optimization Software Supply Chain Planning Software Network Optimization Software Logistics Network Optimization Software 118

Blue Grace Logistics

MARCH 7, 2024

BlueGrace heralds acquisition of Evos Smart Tools Show Submenu Resources The Logistics Blog® Newsroom Whitepaper Case Study Webinars Indexes Search Search BlueGrace Logistics - March 7, 2024 Jeff Berman | Logistics Management March 7, 2024 Tampa, Fla.-based A purchase price for the transaction was not disclosed.

Supply Chain Planning Software 102

Supply Chain Planning Software Optimization Software Logistics Network Optimization Software Network Optimization Software 102

3PL Links

MAY 3, 2023

Improving Supply Chain Visibility: The Impact of Data Strategy | Image source: Pixabay A business-contextualized data approach is crucial for boosting supply chain visibility, especially during downturns. It is important to answer the following questions: What is the goal of developing a data strategy? Which tools should we use?

Sourcing Strategies 62

Sourcing Strategies Inventory Reduction Material Savings Cost Reduction 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.

Negotiating Skills 89

Negotiating Skills Purchasing Skills Cost Reduction Analysis 89

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. Strong and versatile logistics strategies depend on this data. Download the White Paper.

Waste Reduction 105

Waste Reduction Resource Reduction Price Reduction Cost Reduction 105

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.

Inventory Reduction 52

Inventory Reduction Price Reduction Cost Reduction Waste Reduction 52

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

GoShip Blog

JUNE 21, 2022

This form of marketing leverages online tools to reach a wider audience, build sustainable relationships, and generate sales. It is an indispensable tool for small businesses that wish to thrive in today’s day and age. Here are some of the best digital marketing strategies for your small business: Use social media.

Resource Reduction 59

Resource Reduction Waste Reduction Cost Reduction Price Reduction 59

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.

Optimal Sourcing 121

Optimal Sourcing Manufacturing Procurement Sourcing Strategies Procurement Analytics 121

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.

Sourcing Strategies 98

Sourcing Strategies Cost Reduction Supply Chain Planning Software Optimization Software 98

The Logistics of Logistics

MARCH 6, 2023

She joined Gorilla after helping a leading water tech manufacturer earn leads by repositioning the B2B customer at the front of their strategy. Truth : Today’s customers prefer digital first media and digital media is more cost effective – and digital assets can be tracked and measured.

Cost Reduction 324

Cost Reduction After-sales Logistics Network Optimization Software Case Study 324

FreightWaves SONAR

JANUARY 5, 2021

Operational costs continue to increase for carriers year to year. Although many carriers have worked diligently towards reducing operational costs and increasing profit margins, there is still work to do for the top for-hire truckload freight carriers to improve. Freight data reduces dwell time and load time.

Cost Reduction 105

Cost Reduction Waste Reduction Expense Reduction Price Reduction 105

Dedola Global Logistics

JUNE 19, 2020

This tool gives companies intelligence they can use to better plan and inform their internal and external customers. A reputable, reliable freight forwarder like Dedola Global Logistics can find a solution to minimize or eliminate delays, even under severe circumstances such as global disruptions like COVID-19. Going the Extra Mile.

Cost Reduction 126

Cost Reduction Resource Reduction Supply Chain Design Software Freight forwarding 126

GlobalTranz

FEBRUARY 16, 2016

This is the first of a two-part series where I will curate and cull information from my 4 decades of experience in logistics cost reduction at various positions in the supply chain. In this first part, I will focus on 6 places that you can apply to your organization to reduce costs and increase profit.

Cost Reduction 65

Cost Reduction Inventory Reduction Vendor Strategies Material Savings 65

CLX Logistics

APRIL 22, 2024

Supply chain planning aims to ensure that the right products are available at the right place, time, and quantity while minimizing costs and optimizing overall efficiency. 1] Chemical supply chain planning specifically refers to applying supply chain planning principles and strategies within the context of the chemical industry.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Scenario Planning 98

GoShip Blog

JANUARY 5, 2024

The evolution of cargo tracking from traditional methods to sophisticated digital tools marks a significant leap in how logistics companies manage and monitor shipments. This blog will explore how these tools work, their benefits, and their impact on the logistics industry.

Optimization Software 52

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

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

The Logistics of Logistics

SEPTEMBER 27, 2022

As honorary visionary of BasicBlock, Taylor has a demonstrated history of identifying trends and accurately predicting market strategies in both payments and transportation. BasicBlock is the home for streamlined, efficient and cost effective financial services for fleets and carriers. BasicBlock Blog. Taylor’s LinkedIn.

Logistics Network Optimization Software 327

Logistics Network Optimization Software Cost Reduction Trucking Document 327

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.

Expense Reduction 62

Expense Reduction Cost Reduction Strategy Optimization Software 62

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. Environmental Considerations : Reducing emissions and road impact. Enhanced Safety Measures : Rigorous safety standards and team training reduce transportation risks.

Waste Reduction 52

Waste Reduction Cost Reduction Resource Reduction Material Savings 52

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.

Cost Reduction 79

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

SYSPRO Smarter ERP

JUNE 9, 2022

How much does it cost us to manufacture this product? Mid-market manufacturers need a tool that’s tailored to their needs. The BI tool needs to be able to easily pull all this data together for analysis. Manufacturers rely on data and their ERP platform to answer critical questions: What are our inventory levels?

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Design Software Modeling Software Supply Chain Software 98

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. Next-generation supply chain management tools like CLX LaneLogix are a perfect example of the type of system.

Material Savings 40

Material Savings Sourcing Strategies Cost Reduction Inventory Reduction 40

FreightWaves SONAR

SEPTEMBER 29, 2023

What if shippers could look beyond what’s expected and apply forecasting tools to keep freight spend under control and navigate uncertainty throughout this disruption – and beyond? In your negotiations, lock in rates for the longest term you can, perhaps offering a provision for cost increases tied to inflation and/or fuel indexes in return.”

Cost Reduction 52

Cost Reduction Negotiating Skills Resource Reduction Capacity 52

CLX Logistics

SEPTEMBER 9, 2022

To meet these demands, shippers need the right supply chain management tools with the flexibility to grow and scale as needed. The right supply chain management tools help not only to enable shippers to provide better customer service and on-time deliveries but also to remain competitive with everyone else in the market.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Procurement Solutions Optimization Software 52

SYSPRO Smarter ERP

MAY 2, 2024

Why manufacturers should consider AI Generative AI (GenAI) and Machine Learning tools are being added to ERP solutions at a rapid pace, bringing new levels of automation and efficiency to business processes across the manufacturing enterprise. These range from data migration to integration, security and training.

ERP 52

ERP Supply Chain Planning Software Modeling Software Optimization Software 52

The Logistics of Logistics

MAY 15, 2023

They talk about the growing popularity of podcasts in the logistics industry and how podcasting can be a helpful tool for professionals to stay up-to-date on industry trends and insights. While managing it can feel like a part-time job, ignoring it can cost your business revenue. 00:03:51] Starting a successful blog. [00:07:57]

Logistics Network Optimization Software 288

Logistics Network Optimization Software Supply Chain Planning Software Logistics After-sales 288

Logistics Bureau

APRIL 3, 2023

Across our many blog posts, videos, webinars, eBooks, and other shared content, you’ll find a wealth of information about various aspects of outsourcing in the supply chain. However, I can’t recall writing a general guide about exploiting outsourcing opportunities to improve your supply chain.

Outsourcing 87

Outsourcing Optimal Sourcing Supply Chain Software Cost Reduction 87

GoShip Blog

SEPTEMBER 19, 2023

Delivering goods on time, keeping costs in check, and ensuring customer satisfaction are essential when shipping. This method is cost-effective and environmentally friendly, as it reduces the number of trucks on the road. Use packaging that fits the product snugly, reducing wasted space.

Negotiating Skills 52

Negotiating Skills Cost Reduction Logistics Network Optimization Software Optimization Software 52

GoShip Blog

AUGUST 15, 2022

This unprecedented inflation level has severely affected the operations of small businesses, who are employing several strategies to fight back and keep their heads above water. If left unchecked, it narrows the company’s profit margin and reduces its profitability. Reducing quantity of goods and services .

Price Reduction 52

Price Reduction Cost Reduction Expense Reduction Material Savings 52

Blue Grace Logistics

SEPTEMBER 28, 2021

What This Blog Is About: Shipper’s top concerns for their supply chain. The opportunity cost of choosing the wrong mode of transportation. All things considered, 78% of shippers were concerned with reducing shipping costs in general. Analyzing Transportation Mode Opportunity Cost.

Negotiating Skills 118

Negotiating Skills Cost Reduction Supply Chain Planning Software Capacity 118

SYSPRO Smarter ERP

APRIL 17, 2023

BI is a powerful tool that can help companies drive informed decisions, improve their planning processes, and maintain a competitive edge in the marketplace. In this blog post, we will explore how manufacturers can leverage this technology to achieve data-driven success.

Manufacturing Procurement 98

Manufacturing Procurement Optimal Sourcing Supply Chain Planning Software Optimization Software 98

GoShip Blog

NOVEMBER 15, 2023

It’s the cornerstone of cost management. For full truckload shipments, precise data ensures efficient loading and cost management. This freight data directly influences the full truckload and LTL freight quote , the cost of moving goods. Let’s say that you run a business that regularly ships products nationwide.

Cost Reduction 52

Cost Reduction Supply Chain Planning Software Sourcing Strategies Data 52

CLX Logistics

NOVEMBER 21, 2023

When looking ahead to the future, it’s crucial to reflect on the past year, identify emerging trends, and strengthen strategies for benchmarking and procurement. The focus shifted towards salary and personnel-based internal strategies, allowing them to stabilize in comparison. The outcome?

Optimal Sourcing 95

Optimal Sourcing Manufacturing Procurement Procurement Cost Reduction 95

GoShip Blog

FEBRUARY 9, 2021

One of those demands is a more efficient order fulfillment strategy, which requires reviewing your warehouse practices as well. Review your warehouse strategy. It can be especially challenging for small businesses to implement automation and optimize their warehouse strategy. How do you achieve higher inventory accuracy?

Inventory Reduction 98

Inventory Reduction Cost Reduction Inventory Optimization Software 98