GoShip Blog

APRIL 14, 2020

A shipping strategy is not as high of a priority for small business owners as it should be. Shipping for small businesses is not limited to just cutting costs , either. Creating a working and suitable shipping strategy is key to satisfying your customers and boosting your business performance. Go omnichannel.

Expense Reduction 80

Expense Reduction Cost Reduction Inventory Reduction Strategy 80

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

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

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

GlobalTranz

FEBRUARY 25, 2021

How often do you think about your retail reverse logistics strategy? Instead of being relegated to the margins, executives must rethink their strategy and consider how a data-driven reverse supply chain can add more value and improve profit margins. The Benefits of a Data-Driven Retail Reverse Logistics Strategy.

Expense Reduction 101

Expense Reduction Inventory Reduction Reverse logistics Strategy 101

Amware Logistics and Fulfillment

DECEMBER 17, 2019

This holiday season blog is our gift to budget-conscious B2C shippers who need to control fulfillment expenses. The subject: reducing parcel shipping costs. How do you do it? Think P – A – R – C – E – L.

Cost Reduction 156

Cost Reduction Expense Reduction Blog Outsourcing 156

Blue Grace Logistics

APRIL 12, 2024

What you will learn in this blog: Understand the Benefits of Shipping to Mexico Optimizing your Supply Chain Through Nearshoring Navigation of Customs and Compliance One of the most promising avenues for expansion lies in cross-border shipping to Mexico.

Inventory Reduction 62

Inventory Reduction Cost Reduction Expense Reduction Supply Chain Planning Software 62

Logistics Viewpoints

APRIL 6, 2023

By working closely with suppliers, organizations can improve the quality and reliability of their in-bound supply chains, reduce costs, and increase their overall efficiency. The costs associated with purchasing these items hit the “operational expenses” components of the company’s financial statements.

Optimal Sourcing 121

Optimal Sourcing Manufacturing Procurement Sourcing Strategies Procurement Analytics 121

EazyStock

FEBRUARY 17, 2021

Inventory Replenishment Strategies to Boost Profitability. To overcome all these inventory management risks, you need a toolbox of effective inventory replenishment strategies. 5 Inventory Replenishment Strategies to Increase Profits. Any business that carries inventory needs to avoid stockouts and back orders.

Inventory Reduction 75

Inventory Reduction Material Savings Price Reduction Cost Reduction 75

Morai Logistics

MARCH 15, 2018

Omni-channel strategies prove to be an effective method for meeting on-demand delivery for consumers and providing efficient solutions for shippers. Research presented supports an industry shift from traditional to Omni-channel strategy, finding that it enables third party logistic (3PL) providers to offer all distribution initiatives.

Cost Reduction 60

Cost Reduction Price Reduction Expense Reduction Inventory Reduction 60

Logistics Viewpoints

JUNE 29, 2023

Configure to Order: This strategy involves customizing standard products based on customer specifications. Here is a summary of the key supply chain characteristics of each of the manufacturing strategy and how it impacts collaboration with suppliers.

Manufacturing Procurement 111

Manufacturing Procurement Procurement Analytics Inventory Reduction Material Savings 111

3PL Links

SEPTEMBER 8, 2023

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

Inventory Reduction 48

Inventory Reduction Sourcing Strategies Cost Reduction Expense Reduction 48

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

Locus

JUNE 16, 2023

Just one hour of idling per day over a year equals 64,000 miles of engine wear , resulting in additional annual maintenance expenses of up to $9,472 per truck. Read also: A Study of Unit Economics in Last Mile Delivery Is it essential to reduce last-mile delivery costs for vehicles?

Cost Reduction 98

Cost Reduction Expense Reduction Inventory Reduction Price Reduction 98

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?

Cost Reduction 62

Cost Reduction Expense Reduction Resource Reduction Data 62

3PL Links

AUGUST 29, 2023

Image source: Pexels | Reverse Logistics: How to Reduce The Number of Returns The sale cycle does not finish with the delivery of the product; instead, a new procedure known as Reverse Logistics can begin at that point. Without a strategy, moving the team, the inventory, and the logistics indicates additional expenses.

Reverse logistics 48

Reverse logistics Expense Reduction Cost Reduction Inventory Reduction 48

GoShip Blog

AUGUST 24, 2021

When the bulk of your business funds go to packaging and deliveries, it might be time to reconsider reducing shipping costs to improve your profit margin. Calculating the costs of shipping expenses can be overwhelming. Investing in packaging materials to keep fragile products safe is necessary, but expenses can quickly add up.

Cost Reduction 98

Cost Reduction Negotiating Skills Material Savings Purchasing Skills 98

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 . Raising prices .

Price Reduction 52

Price Reduction Cost Reduction Expense Reduction Material Savings 52

3PL Links

FEBRUARY 11, 2024

Read also: How to Protect Supply Chain from Cyber Attacks Understanding Reverse Packaging Logistics Reverse packaging logistics is a crucial part of environmentally conscious waste management since it maximizes the life cycle of packaging materials while reducing its negative effects on the environment.

Sourcing Strategies 48

Sourcing Strategies Waste Reduction Resource Reduction Expense Reduction 48

Blue Grace Logistics

MARCH 17, 2022

Fuel costs are the second highest expense to a trucking company and are on the rise. How high diesel prices may change future freight procurement strategies. It’ll never be a fixed operating expense for carriers and shippers will always be exposed to moving fuel surcharge schedules. Reduce Deadhead (DHD) Miles.

Cost Reduction 62

Cost Reduction Price Reduction Expense Reduction Waste Reduction 62

3PL Links

FEBRUARY 26, 2024

The following topic is required to assess the advantages and, consequently, the cost-benefit of this type of strategy. Cost reduction It’s one of the aspects of outsourcing storage as a business strategy that most managers find interesting. Tax cuts Yes, taxes do play a role in a company’s expenses.

Outsourcing 48

Outsourcing Expense Reduction Cost Reduction Inventory Reduction 48

Locus

MAY 9, 2023

So how do retailers cut costs and add to their bottom line? Read the Ebook of Omnichannel Retailers Guide to Success Download the Ebook Costs involved in the last mile for retailers To trim expenses, retailers need to sharpen their focus on last-mile optimization. The Trillion-Dollar Question appeared first on Locus Blog.

Cost Reduction 52

Cost Reduction Expense Reduction Resource Reduction Vendor Strategies 52

Logistics Bureau

NOVEMBER 6, 2023

Of course, there is no quick and easy way to curb increases in the cost of energy and labour, but now is an excellent time to start thinking about practical ways to reduce energy usage and increase labour productivity and efficiency. There are several possible ways to eliminate this form of energy wastage.

Cost Reduction 107

Cost Reduction Purchasing Skills Waste Reduction Material Savings 107

FreightWaves SONAR

JANUARY 5, 2021

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. Expenses include items such as driver wages, truck lease, insurance, maintenance, etc.

Cost Reduction 106

Cost Reduction Waste Reduction Expense Reduction Price Reduction 106

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

MAY 6, 2022

Many retailers come up with the question of the optimal freight pricing model to ensure financial profits and avoid unwanted expenses. It can help you create a standard pricing procedure for moving your items, eliminating the need to dig into every shipment’s organization. What are contract rates?

Price Reduction 52

Price Reduction Vendor Strategies Cost Reduction Expense Reduction 52

3PL Links

APRIL 13, 2023

Lean Logistics analyzes and removes non-value-added operations in order to enhance the flow of commodities and save expenses. The goals of lean logistics include waste elimination and quality enhancement. Lean manufacturing refers to eliminating waste in the production process, such as by speeding up deliveries and throughput.

Waste Reduction 62

Waste Reduction Inventory Reduction Expense Reduction Resource Reduction 62

Locus

JULY 24, 2023

the cut-throat era of next-day deliveries, FTL offers the fastest transit times:a seamless journey from A to B with no detours or delays. You’ve got more goods than you can squeeze into an LTL shipment but not enough to justify the expense of an FTL.The beauty of PTL is that it’s cost-effective and flexible. No sharing.

Optimal Sourcing 52

Optimal Sourcing Optimization Software Optimization Modeling Resource Reduction 52

3PL Links

APRIL 5, 2024

When implemented properly, this strategy improves customer satisfaction, lowers expenses, and strengthens the company’s position in the market. It goes beyond simply being an operational strategy. This is one of the logistics strategies that needs to be reinforced the most going forward.

Supply Chain Planning Software 48

Supply Chain Planning Software Supply Chain Software Optimal Sourcing Sourcing Strategies 48

3PL Links

AUGUST 13, 2023

We’ll also go through how you may apply these strategies within your own business. By using sustainable practices in logistics, businesses can cut costs, increase productivity, lessen their impact on the environment, and boost their reputation. Smart routing could additionally assist to cut down on fuel expenses.

Waste Reduction 48

Waste Reduction Supply Chain Planning Software Cost Reduction Expense Reduction 48

SYSPRO Smarter ERP

MAY 29, 2023

With marshalling, warehouses can improve their order accuracy and fulfilment efficiency, reduce errors and delays, and enhance customer satisfaction. The role of marshalling is to reduce redundancies that add time, costs and additional labor if an operation has to be repeated to reverse a mistake. This can help with inventory accuracy.

Material Savings 98

Material Savings Cost Reduction Expense Reduction Inventory Reduction 98

GoShip Blog

DECEMBER 13, 2022

Therefore, there is a need to find a way(s) to cut out these delays. . Solutions to Reduce Perishable Shipping Spoilage . Without further ado, below are four effective solutions for reducing spoilage associated with the perishable shipping world. Utilizing Technology to Reduce Food Waste . Delivering Perishables on Time

Waste Reduction 52

Waste Reduction Cost Reduction Expense Reduction Resource Reduction 52

FreightWaves SONAR

APRIL 15, 2021

Aside from the implementation of automated technology and digital tools, one of the most significant shifts in the shipping and transportation industry focuses on reduced emissions. Why are more and more shippers and carriers working to reduce pollution and lower emissions? But what do they mean for the supply chain network of today?

Material Savings 52

Material Savings Waste Reduction Expense Reduction Resource Reduction 52

Log-hub

NOVEMBER 22, 2023

Efficient inventory management, layout organization, and operational strategies are key to meeting customer demands while minimizing costs and maximizing profits. Efficient replenishment strategies: Implementing distinct replenishment and restocking strategies for various categories to avoid stockouts and overstock scenarios.

Inventory Reduction 40

Inventory Reduction Analysis Material Savings Waste Reduction 40

Log-hub

NOVEMBER 22, 2023

Efficient inventory management, layout organization, and operational strategies are key to meeting customer demands while minimizing costs and maximizing profits. Efficient replenishment strategies: Implementing distinct replenishment and restocking strategies for various categories to avoid stockouts and overstock scenarios.

Inventory Reduction 40

Inventory Reduction Analysis Material Savings Waste Reduction 40

Camelot 3PL Software

APRIL 3, 2023

In this blog, we’ll explore mobile scanning in a 3PL warehouse environment. Benefits of Mobile Scanning for 3PL Providers Increased Efficiency Mobile scanning eliminates the need for manual data entry, which can be time-consuming and error-prone. By automating data entry, 3PLs can reduce costs and increase efficiency.

3PL 52

3PL Inventory Reduction Expense Reduction Cost Reduction 52

EazyStock

APRIL 18, 2023

In this blog, we focus on how supply chain and inventory management professionals can mitigate the impact of high inflation and interest rates. While they did show signs of reducing, a recent surge has seen levels remain high. More expensive borrowing. Supply chain infrastructure investment reduces. Demand falls.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Inventory Reduction Optimal Sourcing 52