Supply Chain Brain

SEPTEMBER 29, 2020

Countless businesses and their customers have already been impacted, but with no end to the global tariff situation in sight, it’s imperative that companies continue to refine their strategy to not only ensure business continuity but also to gain the most advantageous position possible for the future.

Inventory Reduction 82

Inventory Reduction Cost Reduction Strategy White Paper 82

GoShip Blog

FEBRUARY 7, 2023

Over the years, marketing strategies have evolved with the times, the advent of technology, and changes in consumer behavior. Why a Solid Marketing Strategy is Important A marketing strategy refers to a business’s action plan for achieving its short and long-term goals and developing a sustainable competitive advantage.

Waste Reduction 52

Waste Reduction Price Reduction Resource Reduction Expense Reduction 52

Logistics Business Magazine

MARCH 27, 2023

Investments ensure growth According to Sander, the investments in the development of the European locations are paying off: “Due to the increasing number of participations, we are working more efficiently, especially with regard to fixed costs.

Cost Reduction 60

Cost Reduction Strategy Logistics Network Optimization Software Logistics 60

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

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? It all comes down to your on-time in full strategies. Benefits of OTIF Strategies Most companies within the supply chain will benefit from adopting strategies that improve their OTIF percentage.

Expense Reduction 62

Expense Reduction Inventory Reduction Cost Reduction Supply Chains 62

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

EazyStock

FEBRUARY 17, 2021

Effective inventory replenishment processes ensure that order fill rates can be achieved while keeping inventory carrying costs under control. Inventory Replenishment Strategies to Boost Profitability. However, businesses are also acutely aware that holding inventory costs money. Both can be very costly.

Inventory Reduction 75

Inventory Reduction Material Savings Price Reduction Cost Reduction 75

IoT World Today

OCTOBER 15, 2020

As organizations continue to adapt to the roller-coaster ride of 2020, some leaders’ pre-pandemic IT strategies brought business resilience even as COVID-19 struck. Indeed, some organizations spent several years laying the foundations for data-driven strategy and remote operations even prior to COVID-19.

Waste Reduction 122

Waste Reduction Cost Reduction Strategy Supply Chain Design Software 122

GlobalTranz

APRIL 10, 2017

Shippers often forget about the possible savings through an effective inbound logistics strategy. Unfortunately, this disconnect could be costing tens of thousands of dollars and eating away at your bottom line. Reducing Costs in Shipping with a Focus on Inbound Logistics Strategy.

Cost Reduction 71

Cost Reduction Vendor Strategies Inventory Reduction Inbound 71

Ship Monk

MAY 5, 2022

There are a few different ways to go about the big move, so it’s a matter of choosing the strategy that keeps your sales and fulfillment operations flowing smoothly throughout the transition. Most companies employ one of the following three strategies: Strategy 1: “Hard Switching” from Your Previous 3PL. Taking the Plunge.

Inventory Reduction 52

Inventory Reduction Vendor Strategies Cost Reduction 3PL 52

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

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

Dedola Global Logistics

JANUARY 14, 2023

Transloading: A Comprehensive Guide With Client Examples . This can be useful for long-distance shipments that require multiple forms of transportation, as it allows for the use of the most cost-effective and efficient routes. Case Studies: DGL’s Successful Transloading Strategies for Clients in Various Industries.

Examples 95

Examples Cost Reduction Expense Reduction Inventory Reduction 95

The Logistics of Logistics

OCTOBER 30, 2023

Over his 30+ year career in the supply chain, Richard has worked with manufacturers around the world in operations, supply chain, and lean strategy roles to develop systems that can manage complex supply chains on a global scale. Richard previously founded and led Factory Logic, Inc. acquired by SAP).

Optimal Sourcing 362

Optimal Sourcing Inventory Reduction Supply Chain Design Software Inventory 362

EazyStock

DECEMBER 13, 2020

In a perfect world, supply chain managers would be able to foresee every possible risk and threat to their supply chain and have a strategy prepared to successfully address any challenges when the moment came. Maybe you need to diversify your supplier network to cover any supplier closures or increased logistical/delivery costs.

Inventory Reduction 98

Inventory Reduction Sourcing Strategies Supply Chain Planning Software Cost Reduction 98

Logistics Bureau

MAY 30, 2022

Our three pillars (or fundamentals) of great supply chain management excellence are strategy, service, and cost. Aligning strategy, service, and financial factors in your supply chain operation is essential to support your company’s overall business strategy , mission, and objectives. The Importance of Alignment.

Inventory Reduction 112

Inventory Reduction Cost Reduction Price Reduction Supply Chain Planning Software 112

Blue Grace Logistics

NOVEMBER 3, 2021

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. Possible Reduction in Shipping Costs by Using Drop Trailers.

Cost Reduction 62

Cost Reduction Resource Reduction Inventory Reduction Supply Chains 62

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. Targets will help you create a more direct and effective strategy and ensure that you’re not wasting time or resources on unrelated efforts. Easy Website Navigation.

Resource Reduction 52

Resource Reduction Waste Reduction Cost Reduction Sourcing Strategies 52

Conger

APRIL 1, 2024

By carefully planning and scheduling maintenance before issues arise, businesses can avoid interruptions and reduce costs associated with emergency repairs and downtime. Continue reading to learn more about this essential strategy to ensure your equipment performs optimally at all times. Let’s dive in!

Material Savings 82

Material Savings Expense Reduction Resource Reduction Cost Reduction 82

Shipping and Freight Resource

JUNE 29, 2020

But if you can reduce cargo and shipping damage , you can cut shipping costs. With the right packaging, strategy, and tools, you can cut shipping costs by as much as 60%. You can substantially cut shipping costs when you know exactly where damage is occurring, and why. Make Labels Clear.

Material Savings 116

Material Savings Cost Reduction Expense Reduction Resource Reduction 116

CLX Logistics

NOVEMBER 13, 2023

Lutton delve into the integration of cutting-edge technologies advancing analytics into traditional supply chain models, like CLX Lanelogix — the chemical industry’s premiere benchmarking, bidding, and procurement tool. Throughout the episode, Dale and host Scott W.

Supply Chain Software 94

Supply Chain Software Resource Reduction Cost Reduction Optimal Sourcing 94

Logistics Problem Solving

JUNE 30, 2017

Logistics strategy has evolved over the past few years. After the great recession, carriers took a serious look at costs and started to rationalize their pricing. This put a lot of pressure on shippers as the old strategy of yelling louder at their carrier was no longer effective to reduce costs.

Resource Reduction 59

Resource Reduction Cost Reduction Price Reduction Strategy 59

Logistics Viewpoints

JUNE 6, 2022

A transportation management system (TMS) allows a shipper or carrier to plan the most cost-effective set of shipments that meets service level goals. A TMS can be a great way to save money while lowering costs. Running more efficient routes, with more fully loaded trucks, saves money and reduces emissions.

Cost Reduction 134

Cost Reduction Price Reduction Supply Chain Planning Software Scenario Planning 134

MTS Logistics

APRIL 3, 2023

The effects of inflation on the shipping industry were seen in several areas: higher fuel, increased transportation, labor and equipment costs. Despite this, bloated inventories due to reduced consumer demand are still putting pressure on warehouse rates, leading to a new inflation warning for consumers.

Inventory Reduction 93

Inventory Reduction Cost Reduction Price Reduction Supply Chains 93

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

Dedola Global Logistics

JANUARY 14, 2023

Transloading: A Comprehensive Guide With Client Examples Transloading is a process that involves transferring cargo from one mode of transportation to another during the shipping process. Transloading can also minimize the risk of cargo damage, provide transportation flexibility, and reduce the time a shipment spends in transit.

Examples 52

Examples Cost Reduction Expense Reduction Inventory Reduction 52

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

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

CLX Logistics

JULY 26, 2021

Let’s look at the facts – the percentage of supply chain managers using new analytics tools and services to develop better bidding strategies has increased from 17% in 2017 to more than 30% in 2020. Next-generation supply chain management tools like CLX LaneLogix are a perfect example of the type of system. Service Level Benchmarking.

Material Savings 40

Material Savings Sourcing Strategies Cost Reduction Inventory Reduction 40

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

Logistics Problem Solving

JUNE 30, 2017

Logistics strategy has evolved over the past few years. After the great recession, carriers took a serious look at costs and started to rationalize their pricing. This put a lot of pressure on shippers as the old strategy of yelling louder at their carrier was no longer effective to reduce costs.

Resource Reduction 48

Resource Reduction Cost Reduction Price Reduction Strategy 48

Triskele Logistics

MAY 27, 2018

So what is a Shared Distribution Strategy, and how can it help my organization to overcome Supply Chain Challenges? “A A Shared Distribution Strategy, and taking a collaborative approach to your Supply Chain, is an effective way to meet Supply Chain challenges head on.” In Western Canada the average population is around 3.5

Cost Reduction 40

Cost Reduction Distribution Strategy Supply Chain Design Software 40

Logistics at MPEPS at UPV

APRIL 4, 2020

Logistics, with the gradual control of the virus, logistics and traffic are gradually returning to work, all shipping schedules and ports are also operating normally, but air transport flights are reduced, short-term logistics costs will definitely rise, here, solemnly rumor, the United States does not prohibit Receipt and delivery.

Inventory Reduction 52

Inventory Reduction Price Reduction Cost Reduction Operations 52

Locus

MAY 25, 2022

Take last-mile deliveries for example. Here are seven key strategies that they have used to make it happen. Consistently failIng to do so means definitely losing their confidence, which reduces your revenue, and a decline in profitability. Time to bring your strategies into action using a dispatch management platform!

Sourcing Strategies 52

Sourcing Strategies Inventory Reduction Cost Reduction Strategy 52

GlobalTranz

JANUARY 16, 2019

But, with a well-planned strategy, you too can reduce expenses in your workplace. Still, some losses are a predictable expense and you can’t entirely eliminate them. Reduce Labor Costs Most of your operating budget will go towards labor. Either you reduce pay or find a way to increase work efficiency.

Cost Reduction 90

Cost Reduction Expense Reduction Waste Reduction Inventory Reduction 90

GlobalTranz

AUGUST 17, 2015

A vigorous supplier relationship management (SRM) strategy can assist organizations in maximizing partnership value, minimize risk, and manage costs through the entire supplier relationship lifecycle. The transportation of lithium batteries is dangerous, as they overheat, which can cause significant damage.

Sourcing Strategies 98

Sourcing Strategies Price Reduction Vendor Strategies Cost Reduction 98

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