Logistics Viewpoints

FEBRUARY 20, 2024

This article describes how to incorporate simulation techniques into optimization, build a stochastic optimization model, and end up with a more resilient supply chain model. That strategy can lead to thousands of scenarios, and still no number of scenarios will answer all questions. But it has gaps.

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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?

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Supply Chain Brain

APRIL 10, 2024

Supply chain leaders are under more pressure than ever to lower costs, expand margins, and balance growth and profitability — all while facing skilled labor shortages and rising materials and logistics costs.

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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.

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Locus

JANUARY 10, 2024

We’ll look at four strategies to optimize shelf replenishment, reducing stockouts, improving inventory management, cutting waste, and boosting productivity. This delicate balance aims to achieve two vital objectives: maximizing sales while minimizing costs. This equates to more profits in the pocket.

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Locus

JUNE 16, 2023

Customer satisfaction and keeping costs in check rests on optimal last-mile delivery operations. The question then is: how can companies maneuver this intricate, costly maze successfully? Naturally, the costs of meeting such expectations, especially on the delivery front are also increasing. These include: 1.

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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.

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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.

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FreightWaves SONAR

APRIL 7, 2023

Tailor a mini-bid strategy that plays to your strengths and protects your weaknesses. New technologies have made it possible for shippers to efficiently bid out their freight and mark rates to the market regularly, optimizing networks for the right balance of cost and service.

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Logistics Bureau

JUNE 5, 2023

If your company operates a distribution fleet, you’ll know that the costs of running trucks for customer deliveries are continually increasing. But do you know how to operate your fleet for the maximum economy? The following tips should prove helpful in getting those truck running costs down. It’s a fair question.

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Logistics Business Magazine

FEBRUARY 15, 2023

No matter where we turn, supply chain costs are going up. Depending on the length and severity of the war, the cost of the disruption to the supply chain could cost €242 billion – or in a protracted war scenario, €920 billion. Against this backdrop, improving employee satisfaction and retention can help lower operating costs.

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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.

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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. Related articles on this topic have appeared throughout our website, check them out: 10 Freight Management Mistakes and How to Avoid Them Freight Benchmarking: What Is It?

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CH Robinson Logistics

JULY 13, 2022

The short answer is “yes,” as long as you have a segmented freight portfolio strategy for both the contract market and the spot market. Every business has a responsibility to develop strategies that take advantage of the best market price and service. As you build your strategy, confirm the spot market capacity for specific areas.

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AIMMS

JULY 19, 2023

Product segmentation strategies trigger leaders to rethink their supply chain optimization plans, by focusing on cost-efficiency, service, and sustainability. 

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Trinity Logistics

SEPTEMBER 16, 2021

To make a profit, you need to get your customers the right product at the right time, and for the best cost. If not managed properly, your transportation can cost you substantial money. With costs rising recently, it’s easy to see why the challenge for many companies has been to reduce their transportation costs.

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Amware Logistics and Fulfillment

JANUARY 14, 2021

Actually it is, and if you don’t think so, your company could be missing out on an easy way to trim one of your largest areas of fulfillment center costs – labor. So she found another one instead. No big deal, right?

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Shipsta

MARCH 24, 2022

To ensure your 2022 freight procurement strategy is successful, calculating your costs accurately is vital. However, we’re just a few months into the year, and the market has already experienced some of the biggest shakeups imaginable.

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Ship Monk

FEBRUARY 12, 2024

But the best thing you can do for your ecommerce brand really is to reduce how many returns you get. How, you may ask? To stand out in the market and win those customer dollars, you have to be able to communicate what you sell, how it works, and most importantly how it works for potential customers. Think about it.

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Blue Grace Logistics

FEBRUARY 29, 2024

Webinars Show Submenu Resources The Logistics Blog® Newsroom Whitepaper Case Study Webinars Indexes Search Search Adam White - February 29, 2024 LinkedIn Live Webinar On-Demand: Transportation Cost: The impacts & how to gain visibility to the right data What’s the Topic? Do you have more questions about this logistics topic?

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SYSPRO Smarter ERP

MARCH 20, 2024

For manufacturers, having the right business intelligence on hand at the right time can eliminate the guesswork from decision making, offering real-time visibility into business processes so you can anticipate your next move. Data warehousing costs rise. Eliminate reporting inconsistencies and data redundancy. Human error.

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Supply Chain Brain

MARCH 28, 2024

There has never been a greater need for reducing costs in global supply chains than right now. Here, we discuss a number of cost-cutting options available.

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Ship Monk

SEPTEMBER 14, 2023

If you’re not employing a multichannel sales strategy, you’re clearly missing out. But what, exactly is a multichannel sales strategy, and is it worth the investment? Unexpectedly large shipping costs are the #1 reason for cart abandonment. What is a Multichannel Sales Strategy? What is a Multichannel Sales Strategy?

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GoShip Blog

JANUARY 16, 2019

Shippers can benefit from creating a focused shipping strategy to reduce freight costs and increase profitability and efficiency. When it comes to small businesses, a shipping strategy is very important to keep customers happy and satisfied. The second step is ensuring the packaging of your shipment is efficient.

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Ship Monk

OCTOBER 3, 2023

As we move into the busiest time of year for ecommerce businesses, the specter of sky-high shipping costs is still haunting us all. more in 2023 than last year Less than 4% of businesses will see their shipping costs increase by 6.9% or less The height of the pandemic is over, so why are shipping costs still going up?

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Ship Monk

FEBRUARY 16, 2023

Offering the preferred, faster 2-Day shipping option could eat away at your profit if you support the cost entirely. Over 50% of online shoppers stated they’d abandoned baskets at some point due to delivery costs. The answer: it is, and ShipMonk is here to show you how. as being too high and 22% cited slow delivery times.

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Logistics Bureau

NOVEMBER 6, 2023

Recent studies have shown that among the challenges frustrating warehouse and distribution centre managers this year, rising energy and labour costs are two of the most often cited. We hope the tips and ideas in this article will help you make inroads into warehouse energy and labour cost reduction.

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RasTrac

MAY 16, 2022

As a fleet manager in this industry, looking for ways to cut costs without sacrificing efficiency or driver safety is always a top priority. Construction fleet vehicles are a massive investment for any building or construction business and play an instrumental role in the success of an organization’s operations.

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WorkWave

NOVEMBER 6, 2023

In this blog post, we will delve into the intricacies of order management, the role of an Order Management System (OMS), what happens after checkout and how to master your order management strategy with the help of cutting-edge order management systems and order management software. What Is Order Management?

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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? Control costs and improve efficiency through reliable capacity networks.

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