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5 Inventory Reduction Strategies to Drive Cost Savings

EazyStock

So it makes sense to look for ways to reduce inventory and keep levels under control! What are the potential cost savings from inventory reduction? There are many financial benefits to introducing stock reduction strategies – in particular focusing on your excess and obsolete items.

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6 Strategies for Reducing Your E-commerce Store’s Shipping Costs

GoShip Blog

Shipping costs often leave the affected parties no choice but to learn how to deal with it. Fortunately, there are effective strategies you can employ to reduce your e-commerce store’s shipping costs. However, you do not need to send thousands of packages monthly to enjoy these price reductions.

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How LTL shipping rates work and how to track trends developing in long-term pricing agreements

FreightWaves SONAR

That gave rise to a new time pricing strategy, dimension (DIM) pricing. . Density plays a role in the form of dimensional pricing. DIM pricing considers cubic volume in addition to physical height, width and depth of packages as a factor for price calculations. Capture pricing data for LTL freight.

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Unlocking Customer Satisfaction: Is Your Fulfilment Strategy Aligned with Expectations?

3PL Links

Unlocking Customer Satisfaction: Is Your Fulfilment Strategy Aligned with Expectations? Labor, inventory accuracy, and split shipping are a few examples. Unlocking Customer Satisfaction: Is Your Fulfilment Strategy Aligned with Expectations? As a result, the local supply/demand matching issue (i.e.,

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High Fuel Costs Put Pressure on Transportation Budgets

Blue Grace Logistics

High priced diesel fuel impacts the total cost of transportation through fuel surcharges. How to help manage overall transportation costs. How high diesel prices may change future freight procurement strategies. How high diesel prices may change future freight procurement strategies.

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Cost to Serve Analysis—And the Costs of Neglecting It

Logistics Bureau

And, of course, I will also share how knowing your cost-to-serve will help you to solve those all-too-familiar performance gremlins. If your business is experiencing a persistent reduction in profit margins, analysing your cost to serve is an advisable step in diagnosing the causes. We’ll begin with a look at pricing strategy.

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Inventory Management Excellence: Some Companies to Learn From

Logistics Bureau

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.