CH Robinson Logistics

OCTOBER 28, 2021

How can, therefore, shippers increase the efficiency of their LTL shipping operations while cutting down on costs and retaining their competitive edge? For example, at C.H. Control costs and improve efficiency through reliable capacity networks.

Cost Reduction 96

Cost Reduction Expense Reduction Supply Chain Planning Software Efficiency 96

WorkWave

MARCH 26, 2024

Let’s delve into this topic to understand its significance and explore strategies for optimizing delivery routes to enhance customer satisfaction. Efficiency and Cost-Effectiveness Efficient delivery route planning not only benefits customers but also contributes to the company’s bottom line. Start Using RouteManager!

Optimization Software 105

Optimization Software Optimization Logistics Network Optimization Software Cost Reduction 105

Dedola Global Logistics

DECEMBER 16, 2019

Archives When it comes to choosing the right international freight forwarder for your shipping needs, cost plays a factor in your decision. An experienced forwarder or third-party logistics company (3PL) can help you improve your bottom line by reducing your soft costs in addition to saving you money on hard costs.

Cost Reduction 98

Cost Reduction Negotiating Skills Material Savings Resource Reduction 98

Blue Grace Logistics

NOVEMBER 3, 2021

How to decide if you should invest in a drop trailer program. Need to reduce loading and unloading time : Many shippers pay a heavy cost for detention due to wait time and excessive loading and unloading time. For example, perishable goods cannot be shipped using drop trailers due to limited shelf life.

Cost Reduction 62

Cost Reduction Resource Reduction Inventory Reduction Supply Chains 62

Logistics Business Magazine

JANUARY 20, 2023

But, how can you drive efficiency, and accuracy whilst saving time in your supply chain with on-time in full strategies? How can you ensure that you’re succeeding in this area? It all comes down to your on-time in full strategies. On this page, we’ll take a close look at OTIF, its benefits, and how you can improve yours.

Expense Reduction 62

Expense Reduction Inventory Reduction Cost Reduction Supply Chains 62

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 89

Negotiating Skills Purchasing Skills Cost Reduction Analysis 89

Locus

JUNE 23, 2023

So, knowing more about order fulfillment, its importance, process, and strategies is critical. A loyal customer with word of mouth brings in more customers, and they minimize the cost of acquiring new customers. So, order fulfillment is critical for businesses to provide customers with cost-effective, timely, and delightful deliveries.

Inventory Reduction 52

Inventory Reduction Cost Reduction Resource Reduction Vendor Strategies 52

Ship Monk

MAY 5, 2022

There are a lot of moving parts in a transition of this magnitude, but we find that our clients’ biggest concerns are about the actual, physical move—how to get their inventory out of its current (and potentially hostile) warehouse and set up in a new facility with the least amount of disruption to their business. Taking the Plunge.

Inventory Reduction 52

Inventory Reduction Vendor Strategies Cost Reduction 3PL 52

Blue Grace Logistics

MARCH 17, 2022

Fuel costs are the second highest expense to a trucking company and are on the rise. High priced diesel fuel impacts the total cost of transportation through fuel surcharges. Shippers must look to other areas to help manage logistics costs. What’s in this article: Current market volatility on rising fuel costs.

Cost Reduction 62

Cost Reduction Price Reduction Expense Reduction Waste Reduction 62

FourKites

DECEMBER 11, 2020

What is inventory carrying cost? Inventory carrying cost, or more simply referred to as “carrying cost,” is the sum of all the costs associated with holding inventory or stock in storage or warehouse. Inventory carrying costs are something that anyone who sells a physical product has to deal with. Capital Cost.

Inventory Reduction 52

Inventory Reduction Cost Reduction Expense Reduction Resource Reduction 52

Talking Logistics

JULY 5, 2018

For most individuals, surprises can be wonderful—but, as a shipper, you try to avoid them at all costs. Develop a comprehensive truckload strategy so you’re prepared to handle just about anything. Building the right truckload strategy for your business. We have been studying truck freight attributes and strategies since 2006.

Price Reduction 60

Price Reduction Expense Reduction Waste Reduction Cost Reduction 60

Logistics Bureau

MAY 30, 2022

In this post, we explain what those pillars are, why they matter, and how to align them in a way that supports supply chain management excellence. Our three pillars (or fundamentals) of great supply chain management excellence are strategy, service, and cost. Alignment of cost and service is good news for your customers.

Inventory Reduction 112

Inventory Reduction Cost Reduction Price Reduction Supply Chain Planning Software 112

Dedola Global Logistics

DECEMBER 16, 2019

How To Reduce Soft Costs in Shipping. When it comes to choosing the right international freight forwarder for your shipping needs, cost plays a factor in your decision. What is the difference between hard costs and soft costs? What is the difference between hard costs and soft costs?

Cost Reduction 52

Cost Reduction Negotiating Skills Material Savings Resource Reduction 52

3PL Links

SEPTEMBER 8, 2023

Unlocking Customer Satisfaction: Is Your Fulfilment Strategy Aligned with Expectations? Labor, inventory accuracy, and split shipping are a few examples. Unlocking Customer Satisfaction: Is Your Fulfilment Strategy Aligned with Expectations?

Inventory Reduction 48

Inventory Reduction Sourcing Strategies Cost Reduction Expense Reduction 48

Ship Monk

DECEMBER 5, 2022

Could there be hidden costs you’re not accounting for in your pricing strategy? One of the most common mistakes direct-to-consumer (DTC) ecommerce brands make is failing to understand and track their true costs, a.k.a. landed costs. What is Landed Cost? Landed Cost vs. Cost of Goods Sold.

Negotiating Skills 52

Negotiating Skills Purchasing Skills Cost Reduction eCommerce 52

Ship Monk

JULY 20, 2023

Even once you’ve decided on a shipping carrier and shipping service, the cost to send packages can vary greatly as a result of many factors. Here you’ll learn about the different factors that affect shipping costs including base rate, surcharges, weight, shipping zones, and shipping speed.

Negotiating Skills 52

Negotiating Skills Purchasing Skills eCommerce Cost Reduction 52

Ship Monk

SEPTEMBER 19, 2022

Back then you didn’t need to know about holding costs because Mom and Dad let you store your inventory for free. It wasn’t until your business took off and they kicked you out that you began incurring holding costs a.k.a. carrying costs, and needed to learn what those are. So what exactly is holding cost?

Inventory Reduction 52

Inventory Reduction Cost Reduction Purchasing Skills Inventory 52

Dedola Global Logistics

JUNE 19, 2020

For example, customs-related delays are often due to paperwork or procedural errors due to inexperience or neglect. Here are some of the most significant issues that make importers’ jobs more challenging, and how Dedola Global Logistics views and addresses them. Popular Resource: Blog – How to Reduce Soft Costs.

Cost Reduction 126

Cost Reduction Resource Reduction Supply Chain Design Software Freight forwarding 126

Logistics Viewpoints

NOVEMBER 20, 2023

Rather than just offering consumers the choice of buying online or buying in the store, a retail omnichannel strategy involves a lot more paths to fulfill an order or to process a return. If growing sales come with much higher fulfillment costs, profitability can take a hit.

Cost Reduction 135

Cost Reduction Expense Reduction Inventory Reduction Modeling Software 135

CH Robinson Logistics

DECEMBER 15, 2021

However, with this year’s volatility, I was also given a front-row seat to a new level of hyper collaboration – including individuals going out of their way to help each other, more strategy sessions between shippers and forwarders, and continually leaning into historical data and current market insights to find smarter solutions.

Sourcing Strategies 90

Sourcing Strategies Global logistics Cost Reduction Inventory Reduction 90

GlobalTranz

FEBRUARY 17, 2016

This is the second part of my series on various ways to reduce overall costs as it relates to logistics and warehouse cost reductions. In the first part I put forth 6 areas of focus in order to reduce logistics costs. A Focus on Inventory Control Begets Warehouse Cost Reductions.

Inventory Reduction 65

Inventory Reduction Cost Reduction Waste Reduction Vendor Strategies 65

Logistics Viewpoints

JUNE 9, 2022

Suddenly, the situation changes, whether because of a new company strategy, ever-present retail dynamics or possibly due to a completely new influencing factor. Both predictive and retrospective data analyses are key in making fundamental decisions and defining logistics strategies. WMS and WCS to implement a strategy for the peaks.

Optimization Software 134

Optimization Software Logistics Network Optimization Software Supply Chain Planning Software Modeling Software 134

WorkWave

AUGUST 25, 2022

Additionally, it costs less to market your business through traditional channels for every dollar you spend generating leads and acquiring new customers. Keep reading to learn more about how to get HVAC leads. If your marketing goal isn’t quantifiable, how will you know when you reach it? Easy Website Navigation.

Resource Reduction 52

Resource Reduction Waste Reduction Cost Reduction Sourcing Strategies 52

Logistics Viewpoints

NOVEMBER 22, 2022

While accidents are part of the reason, the complete explanation also includes rising medical and litigation costs, catastrophic losses, an escalation in inexperienced truckload capacity entering the market, and nuclear verdicts—all of that plus the economic performance of the industry itself. Next, take a look at your deductible.

Cost Reduction 125

Cost Reduction Expense Reduction Tips Trucking 125

3PL Links

FEBRUARY 13, 2023

How to Innovate Your Supply Chain Management: What You Need to Know | Image Source: Axestrack Organizations must prioritize supply chain management and implement strategies to increase its efficiency if they want to compete in the market. How to innovate? The supply chain is crucial in this regard.

Supply Chain Design Software 62

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

Logistics Viewpoints

JANUARY 31, 2024

In smart manufacturing, for example, the deployment of a multitude of sensors and devices for real-time monitoring of machinery, predictive maintenance, and quality control are primary use cases. These concerns mean that industrial companies need to carefully consider how to integrate this new technology into their long-term strategies.

Supply Chain Design Software 159

Supply Chain Design Software Supply Chain Software Supply Chain Design Supply Chains 159

Blue Grace Logistics

MARCH 11, 2021

Normal operational conditions and the strategies used to manage them have gone out the window, with costly results. Inflation is being driven by a combination of increased shipping costs and a quarantined labor force. Establish proactive strategies that factor in supply chain disruptions and detect early signs of trouble.

Cost Reduction 62

Cost Reduction Expense Reduction How To Supply Chain Planning Software 62

GlobalTranz

OCTOBER 5, 2018

An omnichannel retail strategy is the new norm in today’s supply chains. Therefore, an omnichannel retail strategy must become the new standard business model for companies wanting to remain competitive. Track savings versus costs, helping warehouse managers to control costs and stay competitive. In fact, 78% of U.S.

Modeling Software 78

Modeling Software Sourcing Strategies Cost Reduction Supply Chain Planning Software 78

Talking Logistics

MARCH 7, 2019

Last year many shippers were caught flat-footed by rising transportation costs and capacity constraints. It’s safe to say that in 2019 shippers will likely be more vigilant and more proactive in looking for opportunities to better manage and control their transportation costs. What are some of these cost-saving opportunities?

Cost Reduction 80

Cost Reduction How To Transportation Vendor Strategies 80

GlobalTranz

DECEMBER 5, 2018

For example, a black swan event may include both the physical damage and ongoing disruption caused by a hurricane and subsequent bottlenecks, so shippers that know how to isolate the causes of poor visibility and areas that are likely to contribute to worsening of black swan events can effectively reduce their chances of coming to fruition.

Price Reduction 67

Price Reduction Resource Reduction Cost Reduction Inventory Reduction 67

CLX Logistics

JULY 13, 2020

Customers are expecting an “Amazon Experience,” and, as always, your freight costs are “too high.”. For those who have, and use it effectively, you probably have a good handle on your freight costs and a relatively clear picture of your customer experience. Now, let’s look at how to get there. But is that enough? Probably not!

Cost Reduction 40

Cost Reduction Vendor Strategies Price Reduction Strategy 40

Logistics Bureau

DECEMBER 4, 2023

Inventory management is a crucial aspect of supply chain management, and effective strategies can help businesses reduce costs, improve customer service, and increase profits. But what does a great inventory management strategy look like?

Inventory Reduction 87

Inventory Reduction Eliminating Excel in Purchasing Inventory Waste Reduction 87

Logistics Bureau

NOVEMBER 15, 2022

How to identify and fix your profit leaks? Here’s a real-life example. Related articles on this topic have appeared throughout our website, check them out: Cost to Serve – A Smarter Way to Improved Supply Chain Profitability. Cost to Serve at a Glance: 9 Steps to Success & 5 Mistakes to Avoid.

Supply Chains 89

Supply Chains Cost Reduction Case Study Webinar 89

Logistics at MPEPS at UPV

MARCH 31, 2019

IKEA focused on offering a wide range of good quality, stylish, well-designed, and functional furniture at a low cost so that more people could afford it. IKEA kept cost reduction at the center of any decision making. As a result, IKEA managed its costs better than its competitors and could offer products at 30% lower costs.

Price Reduction 40

Price Reduction Cost Reduction Material Savings Negotiate Pricing 40

Ship Monk

FEBRUARY 24, 2024

How much are you spending on manufacturing, shipping, marketing, customer support, logistics services, and order fulfillment services? You never want to cut corners on these, or any, crucial areas of your ecommerce brand. For example, ShipMonk customizes logistics services and associated fees to the unique needs of every client.

eCommerce 89

eCommerce Inventory Reduction Tips Waste Reduction 89

Logistics Viewpoints

FEBRUARY 12, 2024

In smart manufacturing, for example, the deployment of a multitude of sensors and devices for real-time monitoring of machinery, predictive maintenance, and quality control are primary use cases. These concerns mean that industrial companies need to carefully consider how to integrate this new technology into their long-term strategies.

Supply Chain Design Software 127

Supply Chain Design Software Supply Chain Software Supply Chain Design Supply Chains 127

WorkWave

MARCH 3, 2022

Whether you’re paying for inventory, utilities, or other costs, it’s important to understand what you’re spending at any given time. As long as your company remains operational during the off-season, you’ll need to know exactly how much revenue you must generate to remain profitable. Use This Downtime to Plan the Rest of the Year.

Cost Reduction 52

Cost Reduction Expense Reduction Inventory Reduction Price Reduction 52