Locus

JUNE 30, 2023

Those working in shipping and last-mile delivery are all too familiar with the ubiquitous dilemma: cost optimization. Yet, the difficulty lies not in curtailing costs but in understanding and mitigating the long-term repercussions of such actions. This dramatically reduces the margin of manual error, improving overall efficiency.

Cost Reduction 52

Cost Reduction Expense Reduction Resource Reduction Price Reduction 52

Kane is Able

AUGUST 19, 2021

This article looks at overtime-related problems and offers some strategies to reduce overtime costs in the warehouse through improved hiring and retention. When there are not enough reliable workers to fill the need, warehouse operators must rely on overtime to fill the gap.

Cost Reduction 117

Cost Reduction Strategy Warehousing Reliability 117

Amware Logistics and Fulfillment

JULY 6, 2023

Four Sigmatic, the #1 mushroom coffee and protein brand, partnered with Amware Fulfillment to reduce its omnichannel fulfillment costs 15% and reduce its parcel shipping costs 4%.

Cost Reduction 182

Cost Reduction Video 182

Logistics Bureau

SEPTEMBER 19, 2023

It’s not actually about the freight “rate” Sometimes in trying to reduce freight costs, people focus on the wrong things. Understanding freight rates requires you to also look at rate structures and consignment profiles. Because your freight carrier does!

Cost Reduction 81

Cost Reduction Freight Logistics Article 81

The Logistics of Logistics

OCTOBER 15, 2020

Eliminating Detention and Delighting Drivers with Erik Malin. Erik Malin and Joe Lynch discuss eliminating detention and delighting drivers. Baton has developed an innovative solution to eliminate detention and dwell time. Baton has developed an innovative solution to eliminate detention and dwell time. About Erik Malin.

Waste Reduction 195

Waste Reduction Cost Reduction Expense Reduction Logistics Network Optimization Software 195

Logistics Viewpoints

JUNE 7, 2023

First, what are some things companies can do to reduce delivery costs and how does technology play a role? Third, how can both retailers and logistics providers better cooperate to provide enhanced service and reduced costs? Reducing Cost per Delivery Reducing cost per delivery is a critical KPI for companies.

Cost Reduction 115

Cost Reduction Logistics Network Optimization Software Purchasing Skills Optimization Software 115

Amware Logistics and Fulfillment

JUNE 2, 2022

Parcel costs eat up about two thirds of an eTailer's spending. It's no surprise then that companies are looking for ways to reduce their parcel spend. But it's not easy.

Cost Reduction 275

Cost Reduction Video eCommerce 275

The Logistics of Logistics

SEPTEMBER 25, 2023

Paul is the Founder and Chief Strategy Officer of Verusen , a supply chain intelligence platform, purpose-built to help manufacturers streamline their MRO supply and materials management. About Paul Noble As Founder and Chief Strategy Officer of Verusen, Paul Noble oversees the company’s vision and strategic direction.

Optimal Sourcing 319

Optimal Sourcing Supply Chain Planning Software Manufacturing Procurement Inventory Reduction 319

EazyStock

AUGUST 21, 2020

However, holding too much can have a number of negative implications, such as high carrying costs , over-investment in stock and poor cash flow. 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?

Inventory Reduction 52

Inventory Reduction Cost Reduction Price Reduction Resource Reduction 52

Cyzerg

AUGUST 7, 2020

A common issue for small and midsize logistics businesses is finding a way to remain cost competitive without sacrificing service quality. In fact, we've noticed that companies leveraging cloud logistics technology solutions are able to reduce operating costs while increasing the level of service they provide.

Logistics Network Optimization Software 365

Logistics Network Optimization Software Cost Reduction Logistics Operations 365

SIPMM Professional Publications

JANUARY 11, 2019

The post Cost Reduction Strategy through Supplier-Managed Inventory appeared first on SIPMM ACADEMY. Extensive information sharing is required so that supplier can maintain a high degree of visibility of its goods at the customer’s location.

Inventory Reduction 102

Inventory Reduction Cost Reduction Supplier management Inventory 102

Logistics Viewpoints

JULY 12, 2022

The rise in fuel costs, especially diesel, is significantly impacting the bottom line of many B2B companies such as distributors and wholesalers. Instead, transportation and logistics organizations need to make fuel cost mitigation a company-wide effort. How customers are served is big driver of fuel costs.

Cost Reduction 162

Cost Reduction Material Savings Price Reduction Resource Reduction 162

10xLogistics

OCTOBER 19, 2022

There are a lot of conversations happening relative to all sorts of strategies for supply chains (and no lack of consultants who want to sell you on the latest and greatest ideas). My thesis here is that the first thing you have to develop and fully understand is your business' go to market strategy. Just do what you say you will do.

Supply Chain Design Software 117

Supply Chain Design Software Cost Reduction Supply Chain Design Price Reduction 117

GoShip Blog

DECEMBER 29, 2022

Shipping is a cost neither business owners nor their customers enjoy having to shoulder. 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.

Cost Reduction 52

Cost Reduction Price Reduction Inventory Reduction Negotiating Skills 52

Kane is Able

DECEMBER 9, 2021

But a capacity-at-any-cost strategy is not sustainable – even in the short term. It’s why we went back and updated our idea log on freight cost reduction strategies. Check out our 13 Strategies to Reduce Freight Costs.

Cost Reduction 83

Cost Reduction Freight Capacity Trucking 83

The Logistics of Logistics

MARCH 13, 2021

Sourcing Strategy: Effective vs Efficient with Ron Crabtree. Joe Lynch and Ron Crabtree discuss sourcing strategy: effective vs efficient. When developing a sourcing strategy, the focus can be effectiveness (gaining desired results) or on efficiency (reducing cost, labor, and resources used). About Ron Crabtree.

Sourcing Strategies 195

Sourcing Strategies Inventory Reduction Cost Reduction Price Reduction 195

Logistics Viewpoints

AUGUST 25, 2021

A TMS offers optimization capabilities across multiple modes to improve service levels and reduce freight spend. Below are some transportation strategies for success for suppliers of TMS, TES, and MTS. Coronavirus has changed the outlook for direct-to-consumer commerce, and a TMS is now a critical component of this strategy.

Cost Reduction 176

Cost Reduction Price Reduction Expense Reduction Transportation 176

The Logistics of Logistics

FEBRUARY 11, 2022

Cost of Warehouse Management System Software. Original article: Cost of Warehouse Management System Software. You are Making Significant Logistics Strategy Changes : When you realize that your current WMS cannot support new processes effectively or at all. Wide Range of Options and Costs. Basic WMS Cost Categories.

Modeling Software 219

Modeling Software Logistics Network Optimization Software Cost Reduction Vendor Strategies 219

MTS Logistics

APRIL 26, 2023

However, importers can significantly enhance their supply chain’s efficiency and reduce costs, while also improving customer satisfaction and increasing profitability by implementing several essential strategies. This can help prevent stockouts, reduce overstocking, and improve accuracy in forecasting.

Inventory Reduction 75

Inventory Reduction Supply Chain Planning Software Supply Chain Software Cost Reduction 75

The Logistics of Logistics

MAY 24, 2021

Reducing Cost, Risk, and Carbon with Brad Guinane. Brad Guinane and Joe Lynch talk about reducing cost, risk, and carbon. Key Takeaways: Reducing Cost, Risk, and Carbon. Users can upload lane and cost data and benchmark themselves against their peers. Learn More About Reducing Cost, Risk, and Carbon.

Cost Reduction 195

Cost Reduction Logistics Network Optimization Software Price Reduction Supply Chain Software 195

The Logistics of Logistics

JULY 9, 2021

Cutting Out the Middleman with Mike Nervick. Mike Nervick and Joe Lynch discuss cutting out the middleman. Key Takeaways: Cutting Out the Middleman. Shippers who cut out the broker/3PL also gain carrier relationships that can lead to reduced costs and higher service performance. About Mike Nervick.

Cost Reduction 364

Cost Reduction Logistics Network Optimization Software Optimal Sourcing Manufacturing Procurement 364

Logistics Bureau

AUGUST 3, 2021

Every cost reduction must, however, be evaluated in terms of local and overall impact. Here are 6 ways to reduce Supply Chain costs without impacting customer service: Related videos on this topic have appeared throughout our website, check them out: Omnichannel Retail and the Cost to Serve Online Customers.

Cost Reduction 108

Cost Reduction Supply Chains Video 108

MTS Logistics

SEPTEMBER 22, 2023

At this point, we must accept that change is inevitable and develop strategies to interpret the future. Adaptability and Agility Agile management strategies offer the capacity to adapt to changing conditions, customer demands and regulations quickly and effectively in the logistics industry. The logistics industry has changed.

Logistics Network Optimization Software 85

Logistics Network Optimization Software Sourcing Strategies Supply Chain Design Software Supply Chain Planning Software 85

Locus

JUNE 16, 2023

Customer satisfaction and keeping costs in check rests on optimal last-mile delivery operations. Naturally, the costs of meeting such expectations, especially on the delivery front are also increasing. The biggest challenge that logistics providers face is rising last-mile carrier delivery costs. These include: 1.

Cost Reduction 98

Cost Reduction Expense Reduction Inventory Reduction Price Reduction 98

Logistics Viewpoints

SEPTEMBER 28, 2023

Globalization has expanded supply chains; the result is increased complexity and transportation costs. In addition, mounting environmental concerns and sustainability goals push organizations to reduce their carbon footprint, which often entails optimizing transportation for efficiency.

Supply Chain Software 115

Supply Chain Software Supply Chain Planning Software Supply Chains Transportation 115

Logistics Bureau

SEPTEMBER 4, 2023

Have you conducted a cost-to-serve (CTS) analysis for your enterprise? And that is the sole purpose of cost-to-serve analysis. If you were going to say, “What is a cost-to-serve analysis?” When costs begin to spiral out of control, the result is usually a loss of revenue in proportion to sales.

Negotiating Skills 85

Negotiating Skills Purchasing Skills Cost Reduction Analysis 85

MTS Logistics

JUNE 30, 2023

And 52% are looking to consolidate more shipments overall, a strategy for which LCL can play an important role.” ” Below are three ways shippers can use LCL to reduce their costs. Recoup costs and future savings. Bridge the gap with market and mode shifts.

Cost Reduction 87

Cost Reduction Inventory Reduction Waste Reduction Optimal Sourcing 87

Amware Logistics and Fulfillment

FEBRUARY 8, 2022

Thanks to skyrocketing labor costs for warehouse workers, eTailers have experienced a marked increase in eCommerce fulfillment center costs – already their biggest warehouse expense. Operationally, it requires far more labor to pick and pack individual orders than to ship out pallets of goods to retailers.

Cost Reduction 242

Cost Reduction eCommerce Expense Reduction Tips 242

SIPMM Professional Publications

OCTOBER 1, 2020

Postponement and speculation strategies of products during a timely and cost-effective manner by the standard production and logistics structures. Supply chain have reducing risk and forecasting techniques, cooperation and integration between the manufacturing and logistics […].

Material Savings 158

Material Savings Cost Reduction Warehousing Manufacturing Procurement 158

Logistics at MPEPS at UPV

APRIL 11, 2018

The reason I chose to write about this company, is because it was very interesting for me to see how a company of this size can focus and apply cost reduction actions in their supply chain and make them work. The company needed to make a lot of supply chain cost reductions after bringing its latest, low-cost chip to market.

Cost Reduction 40

Cost Reduction Inventory Reduction Price Reduction Supply Chain Software 40