Locus

JUNE 16, 2023

Read also: How to Calculate the Cost of Transport 2. 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

3PL Links

FEBRUARY 11, 2024

Image source: Rawpixel.com | How to Make Reverse Packaging Logistics More Efficient? Each tactic—from active consumer involvement to sustainable design—is laid out clearly and demonstrates how we may improve the efficiency of packaging recycling.

Sourcing Strategies 48

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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. What is Reverse Logistics and how does it differ from normal logistics?

Reverse logistics 48

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Log-hub

NOVEMBER 6, 2023

billion (National Law Review, 2023) In this blog post, we’ll explore how you can leverage AI to achieve optimal stock levels in your supply chain, improve inventory management, and ultimately drive business growth. Too Expensive – Before you grow, you need to invest.

Optimization Software 52

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3PL Links

FEBRUARY 14, 2024

Image source: Flickr | Logistics Planning 2024: How To Carry out Logistical Planning for This Year Have you ever given the recent evolution of logistics any thought? Read also: How to Make Reverse Packaging Logistics More Efficient? How to carry out logistical planning for 2024? Why is logistical planning necessary?

Supply Chain Planning Software 48

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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. How to choose a suitable freight pricing type?

Price Reduction 52

Price Reduction Vendor Strategies Cost Reduction Expense Reduction 52

Blue Grace Logistics

MARCH 17, 2022

Fuel costs are the second highest expense to a trucking company and are on the rise. How to help manage overall transportation costs. How to help manage overall transportation costs. How high diesel prices may change future freight procurement strategies. Reduce Deadhead (DHD) Miles. BlueGrace can help.

Cost Reduction 62

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3PL Links

FEBRUARY 26, 2024

Learn about the idea of outsourced storage, how it operates, and its primary benefits in the upcoming topics. Read also: How to Manage a Warehouse: The 10-Step Guide to Logistics Management What is warehouse outsourcing? Reducing expenses is unquestionably necessary to turn logistics into a differentiator in the marketplace.

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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

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GoShip Blog

JANUARY 12, 2020

There are many strategies that can help reduce returns and improve your customers’ satisfaction. The more expensive items are, the higher the probability is of the return. The more expensive items are, the higher the probability is of the return. How to handle e-commerce returns? Prevent them.

Reverse logistics 52

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GoShip Blog

JULY 28, 2022

Besides improving your customers’ experience, successful returns management helps you recapture as much value as you can from returned items and reduce the processing costs. Challenges of returns and how an RMS can help overcome them . The right return strategy for your business will depend on its unique needs.

Procurement Solutions 52

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Blue Grace Logistics

MARCH 11, 2021

Normal operational conditions and the strategies used to manage them have gone out the window, with costly results. Freight has had to restructure its fleets to accommodate this, at no small expense to equipment and logistics planning. Evading Expensive Pandemic Pitfalls. Shipping demands are up. Risk Management.

Cost Reduction 62

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Locus

AUGUST 7, 2023

As evidenced by 70% of companies either implementing or actively working on digital transformation strategies, it has become clear that digital solutions are not just value-additions but fundamental for survival. Informed decisions ensure that organizations develop a digitalization strategy that effectively combats tech obsolescence.

Negotiating Skills 52

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EazyStock

NOVEMBER 19, 2020

Yet inventory replenishment planning – done correctly – can have a really positive impact on your business in terms of improving operational efficiency, reducing supply chain risk and enhancing bottom line profitability. Teams have more control over replenishment planning, eliminating the element of ‘fire-fighting’.

Replenishment 98

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EazyStock

APRIL 18, 2023

Our eGuide, Supply chain and logistics management trends for 2023 , looks at potential issues facing supply chain managers this year and how to respond. In this blog, we focus on how supply chain and inventory management professionals can mitigate the impact of high inflation and interest rates. More expensive borrowing.

Supply Chain Planning Software 52

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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. How to use AI to optimize stock levels Within the larger context of supply chain optimization, AI proves to be a versatile tool in the quest for optimal stock levels.

Inventory Reduction 40

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GoShip Blog

JULY 24, 2023

To ensure you’re getting the best Full truckload shipping rates, it’s important to know when to use FTL and how to find the best rates. This blog post will discuss when to use FTL and how to get the best Full truckload shipping rates. However, it can be costly. What Is Full Truckload Shipping?

Cost Reduction 52

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GoShip Blog

NOVEMBER 28, 2023

For businesses and individuals navigating the complexities of freight shipping, whether LTL shipping or full truckload , grasping the nuances of dimensional weight is essential to managing expenses effectively. This reduces the size and provides better protection for the contents.

Material Savings 52

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GoShip Blog

NOVEMBER 14, 2018

Start setting the strategy in advance, rethinking all the possible drawbacks and difficulties you might face. Take a look back at the prior year or at your competitors’ strategy and make proper adjustments and improvements to your strategy that could help benefit your company. Strategy for last minute orders.

Expense Reduction 49

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GoShip Blog

AUGUST 27, 2019

Despite it’s the final step of the supply chain, last mile is the most expensive, challenging and important stage of delivery. No matter how good is your supply chain management, if you fail to provide proper last mile shipping, you may lose customers. How to nail last mile shipping? Why is last mile shipping important?

Expense Reduction 40

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GoShip Blog

MARCH 2, 2021

Well-organized inventory management is a must-have for a successful retail strategy. Another crucial tip is to review your inventory management strategy to make sure you are prepared. . Apart from that, extra inventory is also expensive to store because you have to pay for warehouse storage and overdue fines. .

Inventory Reduction 98

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GoShip Blog

JUNE 15, 2022

Besides, verify that you know how to quickly and appropriately package the items for shipping. How to ship on Father’s Day? Although Father’s Day shipping may not be as intense as Christmas or Black Friday, the logistics strategy remains the same. It will speed up the delivery process.

Presentation 52

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GoShip Blog

DECEMBER 8, 2020

A DIY-move can be burdensome and expensive, and many manufacturers turn to professional shipping services. A major concern when choosing a shipping partner is how much does it cost to ship furniture, and that’s why shippers seek affordable, reliable shipping platforms to move their furniture in an affordable way.

How To 45

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Ship Monk

JULY 19, 2022

Whether you’re handling your own eCommerce fulfillment or considering a third party logistics company ( 3PL ) to handle it for you, you need to have a clear understanding of the shipping options available, how to calculate eCommerce shipping costs, and ways to reduce these shipping costs. Factors That Determine Shipping Costs.

eCommerce 52

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Locus

APRIL 3, 2023

An effective logistics solution is critical for optimizing supply chain efficiency, reducing costs, improving customer satisfaction, and supporting sustainability goals. Logistics management is an essential part of supply chain management and is crucial in achieving operational efficiency, reducing costs, and boosting customer satisfaction.

Optimal Sourcing 52

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GoShip Blog

JUNE 6, 2022

Learn how to do it within your budget. Understanding the freight shipping rates cycle will help you recognize the early signs of market shifts and modify your logistics strategy dynamically. How to predict freight rate changes? Sometimes, it’s challenging to follow fast market shifts, which causes unwanted shipping expenses.

Price Reduction 52

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GoShip Blog

MAY 11, 2021

Here we will talk about the peak season of shipping and how to prepare your logistics operations for it. How do I prepare for peak shipping season? The closer it gets to the peak season, the more expensive freight rates will get, and the capacity will start to shrink. What are the four seasons of freight shipping?

Inventory Reduction 89

Inventory Reduction Expense Reduction Price Reduction Inventory 89

GoShip Blog

SEPTEMBER 1, 2020

Here are a few useful tips on how to get armed for the busy season as a small business: How to prepare your small business for the peak season? The closer it gets to the peak season, the more expensive freight rates will get, and the capacity will start to shrink. Competitive rates. Use data to plan.

How To 40

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Blue Grace Logistics

FEBRUARY 9, 2022

Here is a list of the ten most common mistakes shippers make when shipping LTL freight and how to fix them. This helps to avoid the claims process that isn’t just expensive, but also time consuming. To read the entire blog visit BlueGrace Logistics. However, these mistakes are easy to avoid when you’re insightful.

How To 62

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SYSPRO Smarter ERP

AUGUST 9, 2022

Digital transformation has quickly become an essential part of any successful business strategy which has also resulted in a skills gap. Investing in an ERP system and other business systems is an expensive exercise and by not investing resources into training and education, manufacturers will not get the full return on investment.

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GoShip Blog

JANUARY 12, 2021

There are many strategies that can help reduce returns and improve your customers’ satisfaction. The more expensive items are, the higher the probability is of the return. The more expensive items are, the higher the probability is of the return. In 2020, returns were costing $550 billion , which is 72% more than in 2017.

Reverse logistics 59

Reverse logistics Handling Expense Reduction Tips 59

FreightWaves SONAR

JANUARY 25, 2021

Freight management companies and partners can remain unsure of how to attain or utilize meaningful, actionable freight data. . The fees and expenses incurred still must be paid for somewhere along the chain. Considering that, it’s easy to see how increased transportation data use can translate into more meaningful pricing strategies.

Price Reduction 86

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GoShip Blog

MARCH 21, 2023

One error can cause significant delays, fines, and other expensive fees. So how do you optimize inbound freight management? How do you create a streamlined process for your inbound freight management? Not only does this save you from delays and unnecessary expenses, but it also improves efficiency.

Inbound 52

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EazyStock

FEBRUARY 1, 2021

trillion by 2023 , indicating a need for more robust online sales strategies. For businesses to succeed in eCommerce they must ensure they have an effective eCommerce supply chain strategy. Here are ways you can optimize your inventory management practices for eCommerce competitiveness: How to Manage eCommerce Inventory.

Inventory Reduction 52

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SYSPRO Smarter ERP

MARCH 29, 2022

However, technology options are available for manufacturers to use that can help digitalize their operations without the expense (not to mention production downtime) of plant upgrades. ” World Economic Forum – The Fourth Industrial Revolution: what it means, how to respond. What is 4IR? Start small.

Manufacturing Procurement 116

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EazyStock

OCTOBER 20, 2020

There are hundreds of inventory control blog posts on how to organize warehouses, track goods and pick and pack efficiently. It’s the art of achieving stock availability , while reducing inventory costs and minimizing the risk of excess items. Read our blog on demand forecasting accuracy for more details.

Inventory Reduction 98

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GoShip Blog

MAY 13, 2022

By using a TMS, retailers gain high supply chain visibility and detect time and cost reduction opportunities. When implementing the TMS to your supply chain strategy, you gain all the advantages of shipment tracking and get advanced control over the transportation flow. Reduced transportation costs. How to choose a suitable TMS?

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