Logistics Bureau

DECEMBER 4, 2023

Inventory management is a crucial aspect of supply chain management, and effective strategies can help businesses reduce costs, improve customer service, and increase profits. But what does a great inventory management strategy look like? In other words, it will be different for every enterprise or organisation.

Inventory Reduction 87

Inventory Reduction Eliminating Excel in Purchasing Inventory Waste Reduction 87

WorkWave

JULY 31, 2019

By pairing a solid organic social content strategy with a full-funnel social advertising strategy, you will gain much greater value and be able to tie efforts to actual ROI. Once you are set up you can jump into your strategy and execution. However, it is probably the most important part of your advertising strategy.

Waste Reduction 58

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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

FreightWaves SONAR

FEBRUARY 26, 2021

Of course, measuring revenue through the growing demands for both contract and spot freight transportation is never simple addition and subtraction. Of course, tracking overall detention across a carrier’s network can seem overwhelming. Of course, it helps to know how the trends are shaping up over days, weeks and even months.

Trucking 96

Trucking Price Reduction Freight Cost Reduction 96

Ship Monk

JULY 14, 2021

Then, with a concrete strategy by your side, fine-tuning the details becomes a whole lot easier. Dollar Shave Club, Warby Parker, and Glossier are all standout examples of D2C and the kind of success it can bring. Newspaper classifieds, Facebook Marketplace, and eBay are all examples of C2C in action. Business-to-Business (B2B).

eCommerce 91

eCommerce Modeling Inventory Reduction Cost Reduction 91

Logistics Bureau

AUGUST 2, 2021

On this blog and the one published by our sister company Logistics Bureau, we often receive questions relating to metrics suitable for monitoring procurement performance. For example, every purchase order costs money to raise and process, as does every invoice. 7 Procurement KPIs You Should be Using. Supplier Defect Rate.

Procurement Analytics 117

Procurement Analytics Procurement Solutions Optimal Sourcing Procurement 117

FreightWaves SONAR

NOVEMBER 19, 2020

Of course, no disruption comes close to those that have been experienced to date in 2020. Consider this example. However, AI can provide a pathway toward more proactive, responsive management strategies. Consider this example. . Of course, even those capabilities hinge on AI to digest, interpret and act upon data. .

Supply Chain Software 105

Supply Chain Software Supply Chains Sourcing Strategies Scenario Planning 105

Ship Monk

FEBRUARY 9, 2024

Of course, the more data you need and the more sophisticated your methods are, the more expensive demand forecasting becomes. For example, if you’re introducing a new product and there are no similar products to draw historical data from, qualitative research is a must to reduce risk.

eCommerce 86

eCommerce Inventory Reduction Operations Modeling Software 86

GoShip Blog

FEBRUARY 8, 2024

In this guide, we will give you the tools you need to better your shipping strategy. The course of action you need to take will ultimately depend on the type of damage that affects your freight shipments. For example, changes in climatic zones and moisture content result in container rain , leading to damaged freight.

Freight 52

Freight How To Cost Reduction Document 52

Parade

MARCH 3, 2021

And in the example of invoices, the unwieldy process of cross-referencing and auditing means that fraud in the logistics business is all too common. For freight brokers and third-party logistics providers, efficiency is king. Whether in packing a freight truck or tracking invoices, wasted time and resources can quickly eat into your margins.

Supply Chain Software 148

Supply Chain Software Supply Chain Planning Software Resource Reduction Cost Reduction 148

WorkWave

FEBRUARY 26, 2021

To harness that power in 2021, there must be a well-planned strategy that balances brand building, relationships and engagement, and performance marketing. For example, take a lawn and landscape business that’s offering a fall deal for homeowners who need to grade and seed their lawns. Omnichannel Marketing and Attribution.

Digital 64

Digital Modeling Software Sourcing Strategies Resource Reduction 64

Ship Monk

NOVEMBER 11, 2021

Content comes in all shapes and sizes — blog posts (like this one!), Revisit the basics and get actionable examples with our introductory guide ! #6. However, if you have the budget and the strategy for it, investing in paid ads can get the word out for your business like no other. Create Kick-Ass Content. Consider Social Media.

Tips 86

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FreightWaves SONAR

JANUARY 21, 2021

And of course, it hinges on the ability to understand and maintain consistency in your metrics. . As a few examples, these are four critical KPIs to focus on: Owner-operator to driver ratio – A lower ratio here means more opportunities for in-house drivers who bring more affordable rates. .

Data 98

Data Sourcing Strategies Tips Optimal Sourcing 98

AIMMS

JULY 15, 2019

A great example of this is one of our customers, a Europ ean chemical company with $300M in annual revenue who is growing fast and was ready to move from spreadsheets to something more robust. The post Sales & Operations Planning Is Changing At An Accelerated Pace appeared first on AIMMS SC Blog. A focus on Digital Twins .

Supply Chain Planning Software 107

Supply Chain Planning Software Scenario Planning Modeling Software Gartner 107

3PL Links

FEBRUARY 19, 2024

Let’s examine how the market ended the year, the anticipated course for 2024, and the ever-more-important role that technology plays in this dynamic environment. As we have already bid 2023 farewell, now is the ideal moment to examine logistics industry predictions for the following year.

Sourcing Strategies 48

Sourcing Strategies Trends Inventory Reduction Logistics Network Optimization Software 48

Ship Monk

FEBRUARY 18, 2021

Apparel, for example, has too many subdivisions to be a true niche — there’s athleisure, swimwear, cocktail dresses, and so on and so forth, to infinity and beyond. Going back to the apparel example, let’s say a prospective buyer is looking for a shirt. Of course, obstacles are just that, obstacles. What Are Niches Not?

eCommerce 68

eCommerce How To Cost Reduction Course 68

Locus

MARCH 27, 2024

Mix it up with omnichannel Omnichannel retailing , the strategy that integrates all shopping channels like online or in-store isn’t just a buzzword—it’s a cost-saving revolution for retail businesses. In essence, omnichannel strategies turn logistical challenges into advantages, making deliveries more efficient and cost-effective.

Cost Reduction 52

Cost Reduction Inventory Reduction Expense Reduction Resource Reduction 52

Logistics Bureau

NOVEMBER 8, 2021

Because you can find plenty of other articles on this blog and the Logistics Bureau blog if you’d like to peruse such lists. So, for example, if your business competes strongly on price, you might go heavy on the cost-reduction side of supply chain management, setting objectives centered on savings.

Supply Chain Software 81

Supply Chain Software Supply Chains Scenario Planning Cost Reduction 81

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. What this blog is about: Leveraging predictive analytics for forecasting and visibility. Simple Examples of Predictive Analytics. Concept of Predictive Analytics.

Procurement Analytics 62

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

FreightWaves SONAR

FEBRUARY 16, 2021

Of course, that all depends on seeing the activities that are occurring, benchmarking current carrier operations and continuously improving. Freight intelligence tools help management develop a more unified freight strategy. Knowing how fleets operate day in and day out will help provide a clear picture of efficiencies.

Supply Chain Software 98

Supply Chain Software Trucking Expense Reduction Resource Reduction 98

Ship Monk

OCTOBER 21, 2020

If you want your online store to have any degree of visibility, then you need to invest in a first-class optimization strategy — no ifs, ands, or buts. Of course, that doesn’t mean you can’t get your feet wet now! For example, if your jewelry is fruit-themed, you can try ranking for “strawberry necklace” instead of just “necklace.”

Optimization Software 98

Optimization Software Digital Optimization Blog 98

3PL Links

JANUARY 31, 2023

As a result of only investing in an expensive marketing strategy, you immediately miss the point. Track stock Of course, the first thing to consider is whether or not the stock is being monitored. Get started with obsolete inventory Of course, some things sell more slowly than others. In a nutshell, a situation to avoid.

Inventory Reduction 62

Inventory Reduction Inventory Tips Expense Reduction 62

Logistics Bureau

JULY 18, 2022

As you’ll know, if you follow our blog regularly, Logistics Bureau does a great deal of work related to supply chain strategy development and alignment. As a result, and as we’ve mentioned in several previously published articles, we’ve discovered that many companies lack a defined and documented supply chain strategy.

Inventory Reduction 106

Inventory Reduction Resource Reduction Vendor Strategies Cost Reduction 106

GlobalTranz

AUGUST 19, 2015

Getting your BMC-84 bond and developing a rock-solid marketing strategy are just some of the steps you'll learn about. 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. Follow the Cerasis Blog to Keep Up with Freight Industry News.

Resource Reduction 84

Resource Reduction Freight Training Blog 84

Ship Monk

FEBRUARY 25, 2021

For example, if an order is supposed to take five days to arrive, let your customer know and watch them be pleasantly surprised when it gets there in three! Having more than one strategy makes it easier to reach a compromise, which is ultimately what you’re looking for when you’re caught in an eCommerce pickle. Have a Backup Plan.

eCommerce 54

eCommerce Manufacturing Procurement Eliminating Excel in Purchasing Scenario Planning 54

Ship Monk

DECEMBER 30, 2020

For example, your shipping rate could be $5 for orders within 50 miles of your warehouse, $10 for 100 miles, and so on and so forth. By combining different sets of rules, you’re able to create a personalized shipping strategy that’s a perfect fit for your business. Our blog newsletter has you covered. No guesswork needed!

How To 65

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Morai Logistics

AUGUST 7, 2019

Of course, what makes extreme weather so troublesome for supply chains is that it’s unpredictable and can come in many forms. Resilinc spoke about this and the importance of planning around disruptive weather in their blog, Bad weather tests the agility and resiliency of even the best supply chains. Robust Infrastrucure.

Supply Chain Planning Software 68

Supply Chain Planning Software Supply Chain Software Supply Chains Scenario Planning 68

AIMMS

FEBRUARY 3, 2020

The Institute of Forest Management from the Technical University of Munich developed an AIMMS model that helps forest enterprises consider risks and strategies for carbon mitigation. If you’re looking for a copilot to accelerate your supply chain planning capabilities, we would be happy to share some best practices and examples.

Supply Chain Planning Software 133

Supply Chain Planning Software Supply Chain Software Scenario Planning Supply Chains 133

Parade

MARCH 3, 2021

And in the example of invoices, the unwieldy process of cross-referencing and auditing means that fraud in the logistics business is all too common. For freight brokers and third-party logistics providers, efficiency is king. Whether in packing a freight truck or tracking invoices, wasted time and resources can quickly eat into your margins.

Supply Chain Software 78

Supply Chain Software Supply Chain Planning Software Resource Reduction Cost Reduction 78

Parade

MARCH 3, 2021

And in the example of invoices, the unwieldy process of cross-referencing and auditing means that fraud in the logistics business is all too common. For freight brokers and third-party logistics providers, efficiency is king. Whether in packing a freight truck or tracking invoices, wasted time and resources can quickly eat into your margins.

Supply Chain Software 78

Supply Chain Software Supply Chain Planning Software Resource Reduction Cost Reduction 78

Logistics Bureau

JUNE 14, 2020

In any case, an excellent place to start is by knowing what the most vital supply chain leaders’ skills are and, of course, why you need them. Of course, each industry and the niches within them are subject to unique and specific market dynamics. Project Management Skills. A high degree of personal organisation.

Negotiating Skills 119

Negotiating Skills Buyer Training Supply Chain Planning Software Supply Chain Software 119

GlobalTranz

JUNE 30, 2017

For example, a customer is a shoe store may purchase shoes, but if offered a new brand of socks, he or she refuses. While this example is a bit extreme, it highlights how a longer buying cycle can translate into insights for manufacturers. More importantly, it gives manufacturers a chance to find out more about what the customer wants.

Manufacturing Procurement 82

Manufacturing Procurement Procurement Analytics After-sales Price Reduction 82

SYSPRO Smarter ERP

NOVEMBER 3, 2021

This may lead to any number of follow-up actions, for example: Redesigning sourcing or material strategies. They should identify changes and help monitor the changes ensuring that they do not stray off course and that the business stays on track.

Manufacturing Procurement 105

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

GlobalTranz

MARCH 8, 2016

Editor's Note : At Cerasis, if you have followed our blog, you know we like to give information around best practices in regards to transportation, logistics, and supply chain management. This blog post is from Nick Rojas on how to increase your brand identity in offline events, such as trade shows. We hope you find it helpful!

Material Savings 49

Material Savings How To Supply Chain Design Software Blog 49

Talking Logistics

OCTOBER 30, 2018

The strategy involves leveraging a competitive bidding process or reverse auction for the most expensive type of freight movement – spot market/expedited freight. Thankfully, we don’t have to rely on hypotheticals to prove the concept because there is actual hard data revealing just how well these tools and strategies perform.

Optimization Software 60

Optimization Software Supply Chain Software Material Savings Logistics Network Optimization Software 60

GoShip Blog

MAY 25, 2021

In this guide, we will give you the tools you need to better your shipping strategy. . The course of action you need to take will ultimately depend on the type of damage that affects your shipments. For example, changes in climatic zones and moisture content result in container rain. Customs or warehouse staff. Physical Damage.

Freight 59

Freight Cost Reduction Document Packaging 59

GlobalTranz

FEBRUARY 25, 2021

For example, the reverse logistics process includes the management and the sale of surplus as well as returned equipment and machines from the hardware leasing business. Integration with Supply Chain Partners will Improve Your Return Logistics Strategy. Of course, customers may opt to complete a return in-person.

Reverse logistics 84

Reverse logistics Inventory Reduction Cost Reduction Material Savings 84