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

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

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

WorkWave

AUGUST 25, 2022

It takes time and energy to find and build relationships with the people who will buy from you in the future, which is why so many companies rely on lead generation software and other tools to simplify their workflow. A lead is a potential customer. Keep reading to learn more about how to get HVAC leads. Easy Website Navigation.

Resource Reduction 52

Resource Reduction Waste Reduction Cost Reduction Sourcing Strategies 52

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

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.

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

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 66

Supply Chain Software Resource Reduction Cost Reduction Optimal Sourcing 66

GlobalTranz

NOVEMBER 16, 2016

Yet the majority of companies have not defined a big data strategy, and others are barely starting to notice. . �. As a result, the simplest way of defining a big data strategy must begin with understanding how it will evolve and affect the company. . How to Get Started with Your Big Data Strategy. . Hand-held scanners.

Resource Reduction 91

Resource Reduction Cost Reduction Supply Chain Planning Software Supply Chain Software 91

FW Logsitcs

MAY 13, 2024

Learn More e-Commerce Shipping Strategies for High-Growth Brands In the fast-paced world of eCommerce, efficiency is the key to growth. Embracing Cutting-Edge Technology Technology plays a crucial role in streamlining e-Commerce shipping processes. This eliminates manual errors and creates a seamless flow of information.

Supply Chain Design Software 52

Supply Chain Design Software Supply Chain Software Inventory Reduction Cost Reduction 52

Logistics Viewpoints

MAY 22, 2023

When most people hear the word “optimization,” they immediately think about minimizing costs. Do we have a demand forecasting tool in place and, if so, how good is that forecast? At the same time, another company might have twenty suppliers with similar pricing strategies, who supply the same raw material.

Supply Chain Design Software 107

Supply Chain Design Software Supply Chain Design Supply Chain Software Modeling Software 107

SYSPRO Smarter ERP

MAY 2, 2024

Why manufacturers should consider AI Generative AI (GenAI) and Machine Learning tools are being added to ERP solutions at a rapid pace, bringing new levels of automation and efficiency to business processes across the manufacturing enterprise. These range from data migration to integration, security and training.

ERP 59

ERP Supply Chain Planning Software Modeling Software Optimization Software 59

Logistics Bureau

APRIL 3, 2023

If you’re a decision-maker with accountability for your organisation’s entire supply chain, and you’re just starting to think about outsourcing, perhaps to reduce costs or improve service, this post should prove well worth the few minutes it will take you to read it.

Outsourcing 87

Outsourcing Optimal Sourcing Supply Chain Software Cost Reduction 87

Conger

MARCH 22, 2024

In this article, we explore how these AGVs are changing the warehouse industry by minimizing human error, reducing labor costs, and setting new standards for productivity and safety. By taking over repetitive tasks from humans, AGVs cut down on workplace injuries caused by overexertion or human error. Let’s dive in!

Materials Handling 79

Materials Handling Material Savings Supply Chain Software Cost Reduction 79

MTS Logistics

DECEMBER 20, 2023

Elastic logistics is becoming a shining example of efficiency and cost savings due to its capacity to dynamically react to changing demand by expanding or reducing operations. Let’s dissect the essential elements that make up this dynamic strategy: 1.

Supply Chain Software 83

Supply Chain Software Supply Chains Inventory Reduction Cost Reduction 83

Conger

MARCH 22, 2024

In this article, we explore how these AGVs are changing the warehouse industry by minimizing human error, reducing labor costs, and setting new standards for productivity and safety. By taking over repetitive tasks from humans, AGVs cut down on workplace injuries caused by overexertion or human error. Let’s dive in!

Materials Handling 75

Materials Handling Material Savings Supply Chain Software Cost Reduction 75

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

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. It’s going to take a combination of tools and talent.

Cost Reduction 40

Cost Reduction Vendor Strategies Price Reduction Strategy 40

Logistics Viewpoints

AUGUST 8, 2023

Let’s explore some of the impacts, good and bad, this new way of doing business has had and some specific considerations if you are looking at implementing a more specific strategy around it in your plans. In some cases, employers are able to increase wages while actually reducing total labor costs.

Optimization Software 125

Optimization Software Modeling Software Logistics Network Optimization Software Cost Reduction 125

SYSPRO Smarter ERP

JUNE 9, 2022

How much does it cost us to manufacture this product? Here’s an example. Mid-market manufacturers need a tool that’s tailored to their needs. The BI tool needs to be able to easily pull all this data together for analysis. Which vendors are late delivering components to us?

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Design Software Modeling Software Supply Chain Software 98

GoShip Blog

AUGUST 15, 2022

This unprecedented inflation level has severely affected the operations of small businesses, who are employing several strategies to fight back and keep their heads above water. If left unchecked, it narrows the company’s profit margin and reduces its profitability. Reducing quantity of goods and services .

Price Reduction 52

Price Reduction Cost Reduction Expense Reduction Material Savings 52

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

AIMMS

SEPTEMBER 28, 2020

Insights from Gartner’s Hype Cycle for Supply Chain Strategy, 2020. Gartner’s Hype Cycle for Supply Chain Strategy, 2020 offers some guidance. The report outlines the tools with the highest transformational benefits and capabilities that are becoming standard business practices. Firefighting is the norm. Network Design.

Supply Chain Design Software 166

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 166

GoShip Blog

NOVEMBER 15, 2023

It’s the cornerstone of cost management. For full truckload shipments, precise data ensures efficient loading and cost management. This freight data directly influences the full truckload and LTL freight quote , the cost of moving goods. Let’s consider another example.

Cost Reduction 52

Cost Reduction Supply Chain Planning Software Sourcing Strategies Data 52

FreightWaves SONAR

DECEMBER 3, 2020

Shipping analytics tools shine a light on the value of informed freight management. Freight market participants need these top shipping analytics tools in their freight stack. Shipping status tools to track freight. Tracking shipment status is a core function of advanced shipping analytics tools. Download the White Paper.

Supply Chain Planning Software 76

Supply Chain Planning Software Supply Chain Software Modeling Software Logistics Network Optimization Software 76

WorkWave

SEPTEMBER 21, 2021

From engaging with potential clients face to face to providing a tangible example of your product, learning how to sell door to door is a great skill to hone. . One effective strategy is to paint a vivid picture of solving a problem. Assume Potential Client’s Problems – and Solve Them. Experience Empathy and Understand Emotions.

Resource Reduction 40

Resource Reduction Material Savings Cost Reduction Buyer Training 40

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

APRIL 20, 2021

Large companies with a supply chain risk strategy already in place couldn’t fully cope with the impact of the pandemic. It’s the result of a deliberate strategy that may require tradeoffs compared to other approaches. This strategy requires greater investment and inventory carrying costs but enables continued production.

Supply Chain Planning Software 115

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

Parade

MARCH 3, 2021

Digitize Invoicing to Eliminate Errors and Guard Cash Flow. In this article, we explore Invoice Reconciliation tools as a core piece of every digital 3PL/freight brokerage’s operations. This post was written in collaboration with , OpenEnvoy , a leading automated invoice reconciliation tool.

Supply Chain Software 148

Supply Chain Software Supply Chain Planning Software Resource Reduction Cost Reduction 148

Logistics Business Magazine

AUGUST 15, 2023

In a world where rising bills seem to be the norm for families and businesses alike, the delicate dance of balancing service quality with cost-efficiency has become a challenge for retailers and ecommerce delivery, writes Gemma Vasey, Business Development Manager, Asendia UK.

Purchasing Skills 67

Purchasing Skills Cost Reduction eCommerce Price Reduction 67

Trinity Logistics

JUNE 23, 2023

HVAC contractors and plumbers continue to face supply chain woes like material shortages and rising costs. CONSIDER MODE DIVERSIFICATION Trying different modes of transportation could help you offset your increased costs. Keep an eye on transportation costs across the different modes available.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Software Material Savings Supply Chains 98

Conger

JANUARY 17, 2023

5S Warehouse Examples 5S Warehouse Training: How to Get Your Team Ready How to 5S a Warehouse Warehouse 5S Checklist Warehouse 5S FAQs Warehouse 5S Quiz What Is 5S? Warehouse 5S is a lean management strategy that helps warehouses accomplish a basic objective: making problems visible. This reduces the time needed to search for things.

Waste Reduction 52

Waste Reduction Inventory Reduction Cost Reduction Resource Reduction 52

Log-hub

APRIL 20, 2023

Sustainable transport solutions, better-utilized vehicles, and the appropriate digital tools are making sustainability a real-time need, not just a trend. If you are for example in the chemical or tobacco industry, the green direction seems a little bit farther on the road, doesn’t it?

Supply Chain Planning Software 52

Supply Chain Planning Software Material Savings Resource Reduction Cost Reduction 52

Blue Grace Logistics

SEPTEMBER 28, 2021

The opportunity cost of choosing the wrong mode of transportation. All things considered, 78% of shippers were concerned with reducing shipping costs in general. Using proprietary technology and analytics, businesses can understand the opportunity cost of every transportation decision placed in front of them.

Negotiating Skills 109

Negotiating Skills Cost Reduction Supply Chain Planning Software Capacity 109

SYSPRO Smarter ERP

MAY 22, 2023

Extend what is already made – repair and maintain products to maximize their lifetime; implement a return strategy when applicable. How can your ERP help with a sustainability program An ERP system has several tools that support sustainability. Re-use waste – recover waste for reuse and recycling into other products.

Manufacturing Procurement 98

Manufacturing Procurement Supply Chain Design Software Supply Chain Planning Software Supply Chain Design 98

3PL Links

APRIL 13, 2023

The goals of lean logistics include waste elimination and quality enhancement. Lean manufacturing refers to eliminating waste in the production process, such as by speeding up deliveries and throughput. While logistics costs in industry range from 5 to 15% of turnover, they can potentially approach 15 to even 25% of turnover in retail.

Waste Reduction 62

Waste Reduction Inventory Reduction Expense Reduction Resource Reduction 62