EazyStock

NOVEMBER 17, 2022

This year, purchasing teams are also facing continued challenges due to global supply chain and logistics pressures, component shortages, and soaring prices for electricity and fuel. The key is to keep track of your inventory planning and purchasing processes. Successful sales during this period come down to many factors.

Procurement Solutions 52

Procurement Solutions Purchasing Skills Purchasing Supply Chain Planning Software 52

EazyStock

NOVEMBER 17, 2022

This year, purchasing teams are also facing continued challenges due to global supply chain and logistics pressures, component shortages, and soaring prices for electricity and fuel. The key is to keep track of your inventory planning and purchasing processes. How inventory optimization can help you meet Black Friday demand.

Procurement Solutions 52

Procurement Solutions Purchasing Skills Purchasing Supply Chain Planning Software 52

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. Competitiveness of Pricing. The price you pay your vendors for their products is a significant factor in your company’s ability to compete in its market.

Procurement Analytics 117

Procurement Analytics Procurement Solutions Optimal Sourcing Procurement 117

Locus

JUNE 3, 2022

Source: Statista.com. Transportation was redirected to be used in providing first aid, leading to supply chain bottlenecks, shortages and price hikes. This was followed by heavy rainfall that flooded which caused lumber companies to scale back production, leading to a rise in the prices of wooden products in the United States.

Negotiating Skills 52

Negotiating Skills Negotiate Pricing Purchasing Skills Optimal Sourcing 52

GoShip Blog

NOVEMBER 25, 2022

There are several shipping pricing methods for e-commerce businesses–each with its strengths and weaknesses. Flat-rate shipping is a pricing method where the shipping fee depends on the size of the box or envelope rather than the item’s dimensional weight. Pros and Cons of Flat-Rate Shipping Method. Pros of Flat-Rate Shipping.

Price Reduction 52

Price Reduction Purchasing Skills Cost Reduction Expense Reduction 52

GoShip Blog

MAY 26, 2022

Fuel is one of the major driving forces in the economy, so a price change will cause economic ripple effects far from the gas pump. Businesses of all sizes require fuel and are, therefore, affected by an increase or decrease in its price. Why do fuel prices fluctuate? What rising fuel prices mean for your small business.

Price Reduction 52

Price Reduction Purchasing Skills Expense Reduction Cost Reduction 52

GoShip Blog

JULY 18, 2022

Freight costs have a substantial effect on profitability and overall business growth. Learn how to optimize these costs to keep your supply chain running smoothly without paying exorbitant amounts for shipping. How freight costs impact your business. Ways you can optimize your freight costs. Reduce shipping frequency.

Optimization Software 52

Optimization Software Cost Reduction Negotiating Skills Purchasing Skills 52

Locus

MARCH 27, 2024

But here’s the kicker for retailers: amidst all this chaos, they’ve got to keep their delivery costs lean without compromising on giving customers a smooth and enjoyable experience. This situation demands not just managing costs but also turning the returns process into a positive touchpoint with customers.

Cost Reduction 52

Cost Reduction Inventory Reduction Expense Reduction Resource Reduction 52

WorkWave

SEPTEMBER 14, 2022

While some business ventures require entrepreneurs to have advanced degrees or a large amount of capital to cover startup costs, that is not always the case. If you are a creative person with skills such as video production, photography, or writing, then you can create a home-based business working in content creation or digital marketing.

Purchasing Skills 52

Purchasing Skills Cost Reduction Optimization Software Procurement Solutions 52

Locus

MAY 2, 2023

When they first began their journey, the greatest challenge was gaining the trust of consumers, who were used to visiting their local grocery store and largely preferred to check their groceries first-hand before purchasing them. To date, it has also been able to reduce its delivery costs by 66%.

Cost Reduction 52

Cost Reduction Price Reduction Purchasing Skills Logistics Network Optimization Software 52

Logistics Viewpoints

DECEMBER 15, 2022

This blog will review how category managers and supply planners can use cluster analysis to make smarter decisions and grow sales. ABC analysis creates product segments by grouping products with similar sales volume or purchase frequency to enable category managers to focus on what matters most. The retail industry is rich with data.

Optimal Sourcing 116

Optimal Sourcing Analysis Procurement Analytics Purchasing Skills 116

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 80

Supply Chain Planning Software Optimization Software Logistics Network Optimization Software Network Optimization Software 80

Blue Grace Logistics

JUNE 13, 2022

Here’s how many companies are turning to their supply chains to meet their ESG goals. To read the entire blog visit BlueGrace Logistics. These factors are strong motivators for change, which is currently focused on transportation, procurement, and supplier requirements and monitoring. REDUCING EMISSIONS FROM TRANSPORATION.

Supply Chain Design Software 62

Supply Chain Design Software Supply Chain Software Optimal Sourcing Supply Chain Design 62

Ship Monk

APRIL 16, 2024

payment fraud) cost online merchants an estimated $38 billion in losses — a figure that doesn’t include the negative effects on customer loyalty and the brand’s reputation. As a result, the ecommerce business has lost the product and the revenue from the sale, plus associated fulfillment costs, shipping costs, and chargeback fees.

eCommerce 82

eCommerce Modeling Software How To Procurement Solutions 82

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. High inflation rates are seeing price increases for everything from products and components to commodities and utilities, creating a global cost of living crisis. in 2023 and 4.3%

Supply Chain Planning Software 52

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

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. The formula is operating costs/operating revenue. Operating Ratio.

Cost Reduction 105

Cost Reduction Waste Reduction Expense Reduction Price Reduction 105

Ship Monk

JULY 19, 2022

Running an eCommerce business forces you to become an expert at a lot of things, but estimating shipping costs isn’t the best way to spend your time. Factors That Determine Shipping Costs. Optional or unexpected services as well as carrier surcharges might add to the cost. Dimensional Weight . Delivery Times. Value of Contents.

eCommerce 52

eCommerce Purchasing Skills Cost Reduction Material Savings 52

Locus

OCTOBER 21, 2022

To provide consumer experiences for your online shoppers after they make their purchases, click here. And then plan some more : Leverage data and insights to forecast festive season consumer behavior and plan your distribution networks, sourcing locations, and additional fleet requirements well in advance of the season. Schedule Demo.

Supply Chain Planning Software 52

Supply Chain Planning Software Meeting Optimal Sourcing How To 52

EazyStock

AUGUST 21, 2020

For businesses that carry non-perishable goods it’s tempting to order and carry surplus stock to help meet market demand and hit order fulfillment targets. However, holding too much can have a number of negative implications, such as high carrying costs , over-investment in stock and poor cash flow.

Inventory Reduction 52

Inventory Reduction Cost Reduction Price Reduction Resource Reduction 52

Ship Monk

MAY 12, 2023

To say that ecommerce shipping costs have skyrocketed over the past few years would be an understatement. Now that demand is easing and supply chain bottlenecks have cleared, we can expect shipping prices to decrease, right? That’s the topic of today’s blog post. How Are Shipping Costs Calculated? Don’t count on it.

Negotiating Skills 52

Negotiating Skills Purchasing Skills Cost Reduction Inventory Reduction 52

Carter Logistics

AUGUST 6, 2018

Blog Topics. What will the price of oil be during the rest of 2019? Oil prices, labor rates, and even traffic can affect your budget tremendously. While lean inventory methodology may be ideal, small and frequent shipments create other challenges with the rising costs of transportation. Plan a timely schedule.

Sourcing Strategies 79

Sourcing Strategies Purchasing Skills Efficiency Transportation 79

EazyStock

NOVEMBER 6, 2020

Maintaining cost-effective inventory levels is critical for any manufacturer, wholesaler, supplier or retailer. What are inventory carrying costs? Inventory carrying costs (or inventory holding costs) refer to the overall expenses associated with holding or carrying items of inventory. Capital costs. Capital costs.

Inventory Reduction 40

Inventory Reduction Purchasing Skills Optimal Sourcing Cost Reduction 40

Logistics Bureau

NOVEMBER 16, 2020

For example, a member of the sales team could apply to become a purchasing agent, based on her experience of negotiating sales deals. In a nutshell, the pandemic has increased the importance of supply chain, posited it as a ‘cool’ career choice, and strengthened the need for job seekers to improve their supply chain skill sets.

Supply Chain Planning Software 115

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 115

EazyStock

FEBRUARY 17, 2021

Effective inventory replenishment processes ensure that order fill rates can be achieved while keeping inventory carrying costs under control. However, businesses are also acutely aware that holding inventory costs money. Excessive carrying costs can erode profit margins, while tying up cash in stock can lead to cashflow issues.

Inventory Reduction 75

Inventory Reduction Material Savings Price Reduction Cost Reduction 75

GoShip Blog

APRIL 8, 2022

To successfully manage a small business, be sure to calculate the actual costs of running a business. Too often, small businesses won’t consider the hidden costs of loans, licenses and legal paperwork, insurance, office and retail space, and employee benefits. This article highlights the top 5 hidden costs of running a small business.

Cost Reduction 40

Cost Reduction Negotiating Skills Purchasing Skills Expense Reduction 40

Logistics Viewpoints

SEPTEMBER 20, 2022

Our lives became more interesting with the onset pandemic, followed by labor shortages, the Russian invasion of Ukraine, rising oil prices, and the oncoming recession. In this blog, I’ll try to shed more light on it with examples from our work with our customers. In this blog, I’ll focus on the Q-commerce case. So what to do?

Supply Chain Planning Software 116

Supply Chain Planning Software Supply Chain Software Scenario Planning Optimization Software 116

3PL Links

AUGUST 18, 2023

Everything You Need to Know About Inventory Management | Image source: Pexels Inventory management is a crucial investment for businesses that want to increase productivity, cut expenses, and deliver top-notch customer service. Reduce total inventory costs by increasing turnover or by lowering expenditures and investments.

Inventory Reduction 48

Inventory Reduction Inventory Purchasing Skills Price Reduction 48

SYSPRO Smarter ERP

AUGUST 1, 2022

For example, in a bakery business, using the right tool with the BOM, the overall capacity of the oven and fridges could be monitored, and improvements as to how best to use ability could be suggested to reduce electricity costs, capacity constraints and workforce. Getting products to customers on time is another positive effect of BOM.

Optimal Sourcing 111

Optimal Sourcing Manufacturing Procurement Material Savings Inventory Reduction 111

GlobalTranz

DECEMBER 29, 2014

We continue our top blog posts of 2014 from our main categories today by focusing on something at Cerasis we are experts in : Logistics. We’ve already listed the top 10 manufacturing blog posts and the top 10 supply chain blog posts last week. Top 15 Logistics Blog Posts of 2014. Read the Full Post.

Blog 97

Blog Logistics Network Optimization Software Manufacturing Procurement Reverse logistics 97

Ship Monk

MAY 19, 2023

There are several different methods, or cost flow assumptions, that can be used to value your assets at the end of the year, as well as determine cost of goods sold (COGS) during the year. In previous blog posts, we discussed the FIFO method and Weighted Average method in detail. At the same time, the remaining inventory (a.k.a.

Inventory Reduction 52

Inventory Reduction Inventory Purchasing Skills Cost Reduction 52

Blue Grace Logistics

AUGUST 3, 2021

Companies have the right to receive the best service and the best price from their suppliers, and the relationship between shippers and suppliers is a key component to a successful partnership. What This Blog Is About: How to build a mutually beneficial relationship based on trust & credibility with your suppliers.

Maintainability 117

Maintainability Price Reduction Purchasing Skills Resource Reduction 117

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

JULY 1, 2016

In each of the blog posts we will include the title, the brief excerpt, and then the link of the top 5 blog posts in that category by the amount of views. . The competition is fierce in each category, as so far this year we have published over 150 blog posts! 5 Most Popular Freight Blog Posts of 2016.So

Blog 51

Blog Freight Cost Reduction Manufacturing Procurement 51

SYSPRO Smarter ERP

FEBRUARY 17, 2022

Their purchases are often strongly determined by nutritional value, packaging, and shelf-life. You won’t be able to judge the risk for contamination, nor will you be able to find the source of the contamination and where it spread to, should it be identified in your facilities or further downstream. Improve governance and compliance.

Manufacturing Procurement 105

Manufacturing Procurement ERP Sourcing Strategies Supply Chain Planning Software 105

Locus

JULY 24, 2023

If done right, load matching means better resource optimization, cost reduction, streamlined operations, and ultimately, happy customers and businesses. For instance, 41% of global shoppers expect same-day delivery for their purchases. Load matching assigns the most suitable carrier to meet the unique demands of each delivery.

Optimal Sourcing 52

Optimal Sourcing Sourcing Strategies Optimization Software Optimization 52

SYSPRO Smarter ERP

APRIL 4, 2024

Coupled with the art of trying to balance unpredictable material demand with volatile prices and its effects on the business, with the need to keep raw material to a minimum to free up capital juxtaposed to the need to import raw material with long lead times.

Manufacturing Procurement 52

Manufacturing Procurement ERP Supply Chain Planning Software Ordering 52

EazyStock

NOVEMBER 19, 2020

Stock replenishment is an important aspect of inventory management, as it ensures the right stock items are being reordered to meet customer demand. Instead they balance the costs of holding stock e.g. warehouse costs, opportunity costs and cashflow problems, with the risk of not having enough e.g. missed sales targets or costly backorders.

Replenishment 98

Replenishment Optimal Sourcing Inventory Reduction Supply Chain Planning Software 98