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.

Price Reduction 90

Price Reduction Cost Reduction Strategy Purchasing Skills 90

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. Leverage industry-leading technologies to add efficiencies to your LTL shipping.

Cost Reduction 96

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Blue Grace Logistics

OCTOBER 18, 2023

Enhancing Supply Chain Sustainability Show Submenu Resources The Logistics Blog® Newsroom Whitepaper Case Study Webinars Indexes Search Search BlueGrace Logistics - October 18, 2023 October is Sustainability Month, a time to reflect on our impact on the planet and seek ways to reduce our carbon footprint.

Resource Reduction 62

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FreightWaves SONAR

JANUARY 28, 2021

Adjusting current logistics strategies demonstrated the second great challenge of the pandemic. Embracing new and improved logistics strategies remains the best way to adapt to clients’ changing demands in 2021 and beyond. Strong and versatile logistics strategies depend on this data. Download the White Paper.

Waste Reduction 106

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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

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Trinity Logistics

AUGUST 22, 2023

According to a survey by Convoy , 69 percent of respondents said reducing deadhead miles is important to them. By reducing deadhead miles, both shippers and carriers can slash their supply chain costs while also making an environmental impact. WHAT IS DEADHEADING IN TRUCKING?

Waste Reduction 102

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ShipLilly

JUNE 28, 2021

The rate of return for products, otherwise known as reverse logistics, can be mitigated when suppliers work to improve the speed, cost, and efficiency of shipping goods. Thankfully some strategies can be used to mitigate the cost. This is a fiscally sound strategy that cuts down on reverse logistics costs for organizations.

Vendor Strategies 98

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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

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Ship Monk

APRIL 16, 2024

payment fraud) cost online merchants an estimated $38 billion in losses — a figure that doesn’t include the negative effects on customer loyalty and the brand’s reputation. The good news is that fraud management tactics and tools are making it easier to prevent, catch, and combat ecommerce fraud. In 2023 alone, ecommerce fraud (a.k.a.

eCommerce 81

eCommerce Modeling Software How To Procurement Solutions 81

Log-hub

MARCH 1, 2023

The mistakes that can pull your supply chain far away from the progress are bad cost management strategy, lack of optimized business processes, neglecting data and KPI’s, poor customer service and no future planning. But how to get rid of them? One of them is a bad cost management strategy.

Cost Reduction 52

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Logistics Business Magazine

MARCH 20, 2023

A new white paper from a supply chain consultancy suggests retailers are too fragmented in their approach to determining their Costs-To-Serve (CTS) and should instead adopt CTS analysis as a core, business-critical initiative for informing future decisions and direction. “In More acutely, do you know what margin you are making?

Supply Chain Planning Software 55

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Locus

JUNE 9, 2023

In the midst of an outdoor movie screening of “Trucks,” a film about a town overrun by driverless trucks, a person from the crowd, who runs a transport service company, jokingly mentioned that while phantoms could handle the task, they couldn’t effectively control transportation costs. What are the types of transport costs?

Cost Reduction 52

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Locus

JUNE 9, 2023

In the midst of an outdoor movie screening of “Trucks,” a film about a town overrun by driverless trucks, a person from the crowd, who runs a transport service company, jokingly mentioned that while phantoms could handle the task, they couldn’t effectively control transportation costs. What are the types of transport costs?

Cost Reduction 52

Cost Reduction Supply Chain Planning Software Optimization Software Transportation 52

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

CLX Logistics

APRIL 22, 2024

How to Elevate Your Logistics Operations with AI & ML Technology Global supply chain organizations are embracing digitization to propel their supply chain planning to new heights. 1] Chemical supply chain planning specifically refers to applying supply chain planning principles and strategies within the context of the chemical industry.

Supply Chain Planning Software 98

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Supply Chain Brain

APRIL 20, 2021

As demand for faster fulfillment surges, the sweet spot where customer experience meets cost efficiency gets smaller. To help you address these challenges, hear how global 3PLs/carriers efficiently balance customer experience and operational costs by leveraging intelligent delivery management tools.

Cost Reduction 123

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WorkWave

NOVEMBER 14, 2023

Time To Read: 6 minutes If you’re wondering how to start a NEMT business, you’ve come to the right place. We’re setting out on a journey to understand how to transform your dream into reality, navigating legal documents, and NEMT software, hiring competent drivers, and crafting an effective marketing strategy.

Expense Reduction 52

Expense Reduction Cost Reduction Price Reduction How To 52

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

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

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WorkWave

FEBRUARY 16, 2024

It’s crucial to understand why profit margins matter and how to calculate them right down to the last cent, so we’ve created this pest control business profit margin calculation guide. Calculating it accurately can help you make informed decisions about pricing, cost-cutting measures and growth strategies.

Expense Reduction 52

Expense Reduction Price Reduction Cost Reduction Vendor Strategies 52

Dedola Global Logistics

JUNE 19, 2020

This tool gives companies intelligence they can use to better plan and inform their internal and external customers. A reputable, reliable freight forwarder like Dedola Global Logistics can find a solution to minimize or eliminate delays, even under severe circumstances such as global disruptions like COVID-19. Going the Extra Mile.

Cost Reduction 126

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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. Keep reading to learn more about how to get HVAC leads. A lead is a potential customer. Easy Website Navigation.

Resource Reduction 52

Resource Reduction Waste Reduction Cost Reduction Sourcing Strategies 52

WorkWave

NOVEMBER 14, 2023

Time To Read: 6 minutes If you’re wondering how to start a NEMT business, you’ve come to the right place. We’re setting out on a journey to understand how to transform your dream into reality, navigating legal documents, and NEMT software, hiring competent drivers, and crafting an effective marketing strategy.

Expense Reduction 52

Expense Reduction Cost Reduction Price Reduction How To 52

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. 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

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

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Blue Grace Logistics

NOVEMBER 21, 2023

How to Navigate Your Supply Chain During Market Swings Show Submenu Resources The Logistics Blog® Newsroom Whitepaper Case Study Webinars Indexes Search Search BlueGrace Logistics - November 21, 2023 Market conditions play a crucial role in shaping challenges professionals face when managing their organization’s supply chains.

Supply Chain Software 105

Supply Chain Software Supply Chains Optimization Software Modeling Software 105

Compactor Management Company

JANUARY 22, 2020

It isn’t uncommon for architects to consider different ways to reduce waste while building a structure. However, they should also focus on designing techniques that would reduce the ongoing waste generated during the life of a building. This achieves two purposes: It reduces the waste being sent to landfills.

Waste Reduction 64

Waste Reduction Waste Material Savings Resource Reduction 64

WorkWave

DECEMBER 8, 2023

This function plays a crucial role in the supply chain management process and is an integral part of a company’s overall logistics and operations strategy. For more information on how RouteManager can empower your team to tighten your inbound logistics, schedule your free demo today.

Inbound 52

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Turvo

AUGUST 18, 2021

Some of the best practices on how to implement supply chain management systems include avoiding too many systems, keeping an eye on competitors, and creating clear expectations. Businesses can re-evaluate their existing technology to avoid heavy customization that significantly increases their long-term costs.

Supply Chain Software 98

Supply Chain Software Supply Chains Logistics Network Optimization Software How To 98

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

Morai Logistics

JANUARY 11, 2018

This post highlights three strategic areas which many companies overlooked in 2017; strategy, security & interaction, and how to best achieve improvements in these areas. For this reason in today’s blog post, we’ve highlighted some important developments in the world of supply chains and how to best tackle these new challenges.

Cost Reduction 79

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SYSPRO Smarter ERP

NOVEMBER 1, 2021

Industries are facing the need to plan new strategies and invest more in technology to gain a stronger foothold. A B2B e-commerce strategy is therefore becoming increasingly necessary for manufacturing businesses that want to better sell their products or procure the necessary components for manufacturing them.

Manufacturing Procurement 111

Manufacturing Procurement Supply Chain Planning Software Optimal Sourcing Inventory Reduction 111

GlobalTranz

APRIL 13, 2021

Don’t expect to plan for every disruption; instead, develop a strategy to overcome supply chain disruption, regardless of the source. Preparing your supply chain for resiliency begins with risk management and a proactive strategy. The average cost of a data breach reached $3.86 It’s not enough to have a Plan B, just in case.

Supply Chain Planning Software 82

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GoShip Blog

NOVEMBER 22, 2023

Engine Shipping Quote Calculator Load Type Less Than Truckload Full Truckload From To Pickup Get Quote How To Ship An Engine Updated 12/03/2023 – Many people are hesitant to ship engines and transmissions. This can significantly cut back costs compared to a full truckload service. Our tool is simple.

How To 52

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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. .

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WorkWave

FEBRUARY 20, 2024

As an electrical contractor, knowing how to estimate electrical work can make the difference between profit and loss. From reviewing job specifications to sending the proposal, this comprehensive guide will show you how to estimate electrical work the right way.

Negotiating Skills 52

Negotiating Skills Purchasing Skills How To Modeling Software 52