Logistics Bureau

JULY 18, 2022

As you’ll know, if you follow our blog regularly, Logistics Bureau does a great deal of work related to supply chain strategy development and alignment. As a result, and as we’ve mentioned in several previously published articles, we’ve discovered that many companies lack a defined and documented supply chain strategy.

Inventory Reduction 106

Inventory Reduction Resource Reduction Vendor Strategies Cost Reduction 106

Logistics Bureau

AUGUST 2, 2021

Emergency purchases are bad news for your business costs, continuity, and planning, and they also increase supply chain risk. By shortening supplier lead time, you might find opportunities to reduce safety stock levels and gain other inventory management wins for your organisation. Cost per Purchase Order and Cost per Invoice.

Procurement Analytics 117

Procurement Analytics Procurement Solutions Optimal Sourcing Procurement 117

ShipLilly

FEBRUARY 8, 2023

Saving on costs whilst improving business efficiency Although the principles of “just-in-time” management are highly recommended for pressurized supply chains, it is increasingly difficult to fully implement them. Moreover, those businesses must then consider dealing with the storage costs when dealing with this inventory.

Inventory Reduction 52

Inventory Reduction Inventory Handling Price Reduction 52

Logistics Bureau

MARCH 30, 2020

It is also fair to speculate that future supply chain designs will need to be monitored using new performance measures such as resilience, re-configurability, and responsiveness, along with traditional KPIs such as cost, quality, and delivery. Not only does this spread the risk, but transportation costs are lower. 4) Create Redundancy.

Supply Chain Design Software 63

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 63

UL EHS- Sustainability

OCTOBER 31, 2019

But the most successful learning and development teams also understand how to measure the success of each training course and react accordingly. The best training strategy in the world can’t fix operational issues. Evaluate existing and new training options that eliminate the knowledge or skill gaps 5.

Buyer Training 40

Buyer Training Optimal Sourcing Expense Reduction Cost Reduction 40

Logistics Bureau

NOVEMBER 8, 2021

Supply chain management objectives can encompass several success factors, including cost reduction, supply chain speed, efficiency, and service improvement. So, for example, if your business competes strongly on price, you might go heavy on the cost-reduction side of supply chain management, setting objectives centered on savings.

Supply Chain Software 81

Supply Chain Software Supply Chains Scenario Planning Cost Reduction 81

Logistics Bureau

SEPTEMBER 26, 2018

If you were to tell me that your company had never looked at its supply chain costs and sought to deliver reductions, I would be mightily surprised. On the other hand, if you told me your company hasn’t been able to sustain any progress in supply chain cost reduction, I wouldn’t be surprised at all.

Cost Reduction 85

Cost Reduction Inventory Reduction Expense Reduction Price Reduction 85

Logistics in War

FEBRUARY 22, 2020

The risks accepted in not beginning are, of course, high and err towards a professional negligence that ultimately costs time, resources and people at the time of a future war. Firstly, it recommended conducting realistic wargames and exercises to reflect threats and the capability of the ‘logistics enterprise’ to respond.

Military 92

Military Resource Reduction Cost Reduction Expense Reduction 92

Logistics Bureau

MAY 24, 2019

If you were to tell me that your company had never looked at its supply chain costs and sought to deliver reductions, I would be mightily surprised. On the other hand, if you told me your company hasn’t been able to sustain any progress in supply chain cost reduction, I wouldn’t be surprised at all.

Cost Reduction 65

Cost Reduction Inventory Reduction Expense Reduction Price Reduction 65

Logistics Bureau

OCTOBER 29, 2020

Of course, benchmarks and benchmarking can cover all kinds of different things, at work or elsewhere. A second one is then cost; For instance, “Is that level of service, whether current or planned, cost-effective?” Those levels are “benchmarks”. Suppose you wanted to be the fastest runner in the world, for example.

Supply Chains 79

Supply Chains How To Scenario Planning Cost Reduction 79

Logistics Bureau

MARCH 3, 2019

Let’s begin with a look at network planning, because whether your company requires one warehouse or five, your service, efficiency, and costs will be influenced heavily by your choice of location and capacity. Your distribution strategy too, will have a bearing on network optimisation. It can go further than this, of course.

Supply Chain Design Software 98

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Scenario Planning 98

Logistics Bureau

OCTOBER 19, 2020

Of course, benchmarks and benchmarking can cover all kinds of different things, at work or elsewhere. A second one is then cost; For instance, “Is that level of service, whether current or planned, cost-effective?” Those levels are “benchmarks”. Suppose you wanted to be the fastest runner in the world, for example.

Supply Chains 62

Supply Chains How To Scenario Planning Cost Reduction 62

Logistics Bureau

APRIL 4, 2022

The answer is to benchmark your freight, of course. At Logistics Bureau, we want to help you with that, so we’re publishing this brief guide to help you if you haven’t already included freight benchmarking in your management strategies or want to benchmark more effectively than you are now.

Negotiating Skills 82

Negotiating Skills Purchasing Skills Logistics Network Optimization Software Supply Chain Planning Software 82

Logistics Bureau

DECEMBER 19, 2022

Slotting is all about optimising the placement of warehouse SKUs to gain efficiency , increase productivity , and reduce operational costs. Or a similarly sized reduction in warehouse labour costs ? Therefore, any slotting strategy should focus on minimising such travel. Why Implement Slotting in Your Warehouse?

Production 92

Production Inventory Reduction Cost Reduction Resource Reduction 92

Logistics in War

AUGUST 18, 2019

Of course additional funding and attention can improve the capability and capacity of any military force to sustain itself in peace and on operations. All militaries enjoy large-scale exercises, simulations and desk-top analyses but very rarely do they focus upon the logistics process.

Military 89

Military Exercises Resource Reduction Logistics Network Optimization Software 89

Logistics Bureau

MAY 31, 2021

Perhaps you haven’t had much opportunity, amid the turmoil, to consider the cost to serve your online customers. The tips in this article will help you know how to identify the customers, products, and processes that might be inflating your cost to serve (CTS) unnecessarily. High Cost to Serve: It’s an Omnichannel Problem.

Cost Reduction 117

Cost Reduction Purchasing Skills Expense Reduction Inventory Reduction 117

Supply Chain Brain

MAY 7, 2018

to the complex exercise of pricing. of course, has the potential to affect multiple stages and functions of the supply chain. Among its greatest strengths is the ability to monitor variations in raw-material costs, driven by economic cycles, changes in supplier stability, and tax policies, to name but a few relevant factors.

Price Reduction 40

Price Reduction Supply Chain Planning Software Modeling Software Supply Chain Software 40

Logistics in War

MARCH 6, 2020

Of course additional funding and attention can improve the capability and capacity of any military force to sustain itself in peace and on operations. All militaries enjoy large-scale exercises, simulations and desk-top analyses but very rarely do they focus upon the logistics process.

Military 55

Military Exercises Resource Reduction Logistics Network Optimization Software 55

Logistics Bureau

SEPTEMBER 20, 2022

To do so will likely lead to problems at some point, such as when crises arise relating to logistics service and cost. When Cost is Not an Appropriate Reason to Insource or Outsource. We often hear from our clients that cost was a primary factor in a decision to contract logistics out or keep it in-house.

Outsourcing 98

Outsourcing Cost Reduction Resource Reduction Expense Reduction 98

Conger

FEBRUARY 28, 2024

These regulations reduce the chances of accidents resulting from improper use, inadequate training, or negligence. With their visual indicator, blue lights help reduce the risk of collisions, especially in places with limited visibility or high foot traffic. While operating a forklift in reverse, operators should use the horn or alarm.

Buyer Training 52

Buyer Training Material Savings Training Maintainability 52

GlobalTranz

MARCH 3, 2016

We asked David from LoadTraning how much time one would have to set aside to pass a freight broker course as well as some hands-on training. Your business plan includes a go-to-strategy and the more you invest in figuring out the specifics and researching the market, the better you will be prepared to meet its challenges.

Negotiating Skills 51

Negotiating Skills How To Buyer Training Freight 51

The Logistics Academy

FEBRUARY 13, 2017

Darren Prokop, University of Alaska Anchorage (UAA): As in the academic world in general, there is a trend to online course delivery. We also provide frameworks for effective interactions with others in courses such as purchasing, negotiation, professional selling, and team-based assignments.

Supply Chain Design Software 40

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 40

Logistics Bureau

NOVEMBER 14, 2018

Too much leads to resources being monopolised on gathering tons of data and a subsequent risk of “paralysis by analysis” Cost to Serve (CTS) is an approach that helps you avoid both extremes. How Much Does It “Cost to Serve” Your Customer? It costs you a certain amount to make a product. Sales organisation costs.

Purchasing Skills 88

Purchasing Skills Cost Reduction Supply Chain Planning Software Supply Chain Design Software 88

SYSPRO Smarter ERP

JANUARY 19, 2022

This situation has been compounded by the fact that Covid-19 essentially exposed what was already an underperforming process thanks to factors such as the US-China trade war, less efficient shipping routes and a huge drive to cut costs by consolidating loads. Align your business and supply chain strategies. The benefits of ERP.

Manufacturing Procurement 105

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software Supply Chains 105

247 Customs Broker

JUNE 6, 2018

Of course, that would be hard to do if the business in question needs to pile on costs just in order to increase its market share. In other words, investors like to see a business’ sales revenue grow faster than its costs. There is a point when average costs will actually rise as scale increases.

Purchasing Skills 28

Purchasing Skills Negotiating Skills Sourcing Strategies Supply Chain Planning Software 28

Logistics Business Magazine

MAY 5, 2020

With current events in mind, managing future supply chain disruptions will be an integral component of corporate strategy. Creating supply chain resilience is a holistic exercise that involves more than just a few savvy logistics people. How then to build a strategy? Unpredictable is not a reason to be unprepared.

Supply Chain Planning Software 47

Supply Chain Planning Software Supply Chain Software Supply Chains Sourcing Strategies 47

Shipping and Freight Resource

DECEMBER 9, 2021

A financial modelling exercise to quantify the potential cost savings of the usage of digital shipping documentation, namely the electronic bill of lading (eBL) showed that at a global economic growth rate of 2.4% But just data alone is not going to assist. But if we don’t get started now, then everybody’s tends to lose.

Data 90

Data Supply Chain Planning Software Supply Chain Software Digital 90

Infosys Supply Chain Management

JANUARY 18, 2015

No one is an exception in the sustainability exercise, with this I mean each and every participant within the supply chain including manufacturers, suppliers, logistics etc. For an organization to stand out, the strategies need to be sustainable. To build a sustainable tomorrow we need to make our supply chain sustainable today.

Material Savings 32

Material Savings Waste Reduction Supply Chain Planning Software Manufacturing Procurement 32

Infosys Supply Chain Management

NOVEMBER 16, 2012

As was the case last year, the 2012 holiday buying season will be very much about the continued leveraging power of consumers in exercising multi-channel buying preferences and technology-enabled online tools. Not only will this drive more fulfillment cost efficiency, it reinforces the strategy to have consumers back in stores.

Supply Chain Planning Software 24

Supply Chain Planning Software Eliminating Excel in Purchasing Supply Chain Software Supply Chains 24

247 Customs Broker

OCTOBER 3, 2018

The gift of the jets encapsulates Russian strategy in Serbia — and much of the world. The Kremlin has built a methodical but low-cost influence campaign that is reaping rocketing returns. Other low-cost influence efforts have come through Russian proxies. The Serbian president heaped praise on Russian President Vladi­mir Putin.

Cost Reduction 28

Cost Reduction Price Reduction Strategy Military 28

Logistics Bureau

AUGUST 14, 2018

Globalisation, ever-changing customer needs, and other market forces serve to maintain a state of liquidity, requiring companies to re-evaluate strategies and business models on a regular basis. That’s no bad thing of course, provided the reasoning behind the decision is sound and the consequences thoroughly evaluated.

Outsourcing 56

Outsourcing Cost Reduction Material Savings Operations 56

GlobalTranz

OCTOBER 30, 2015

A huge part of effective strategy in any business function is planning. Twelve months can seem like a long time when you consider everything that happened over the course of the last 365 days. BONUS: Freight and Transportation Costs Must be Considered in Supply Chain Planning. where has the time gone!).

Supply Chain Planning Software 92

Supply Chain Planning Software Scenario Planning Supply Chain Design Software Supply Chain Design 92

Automotive Logistics

AUGUST 14, 2018

In addition, the Port Conveyance Program transfers surplus federal land to states and local governments at no cost for use as a port facility. A shortage of rail cars has forced some carmakers to deliver by road instead – though enclosed trucks can cost 10 times as much. Digital ports. Rail headaches. Trade wars.

Supply Chain Planning Software 39

Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Design Software Modeling Software 39