WorkWave

JANUARY 8, 2024

Choosing the right pricing strategy is essential for businesses aiming to thrive in competitive landscapes and secure a prominent position within local markets. In this blog, we’re going to cover why every service business owner needs to prioritize pricing strategies and discuss three of the most common and strategic pricing models.

Price Reduction 52

Price Reduction Material Savings Cost Reduction Resource Reduction 52

WorkWave

JANUARY 8, 2024

Choosing the right pricing strategy is essential for businesses aiming to thrive in competitive landscapes and secure a prominent position within local markets. In this blog, we’re going to cover why every service business owner needs to prioritize pricing strategies and discuss three of the most common and strategic pricing models.

Price Reduction 52

Price Reduction Material Savings Cost Reduction Resource Reduction 52

GoShip Blog

APRIL 14, 2020

A shipping strategy is not as high of a priority for small business owners as it should be. Apart from shipping speed and cost, the overall shipping experience matters. Apart from shipping speed and cost, the overall shipping experience matters. Shipping for small businesses is not limited to just cutting costs , either.

Expense Reduction 80

Expense Reduction Cost Reduction Inventory Reduction Strategy 80

3PL Links

MAY 3, 2023

Improving Supply Chain Visibility: The Impact of Data Strategy | Image source: Pixabay A business-contextualized data approach is crucial for boosting supply chain visibility, especially during downturns. It is important to answer the following questions: What is the goal of developing a data strategy? Which tools should we use?

Sourcing Strategies 62

Sourcing Strategies Inventory Reduction Material Savings Cost Reduction 62

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 105

Waste Reduction Resource Reduction Price Reduction Cost Reduction 105

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

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

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

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

Vendor Strategies Cost Reduction Expense Reduction Inventory Reduction 98

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

GoShip Blog

JUNE 21, 2022

This form of marketing leverages online tools to reach a wider audience, build sustainable relationships, and generate sales. It is an indispensable tool for small businesses that wish to thrive in today’s day and age. Here are some of the best digital marketing strategies for your small business: Use social media.

Resource Reduction 59

Resource Reduction Waste Reduction Cost Reduction Price Reduction 59

FreightWaves SONAR

FEBRUARY 11, 2021

However, enterprise shippers can make a comeback by implementing smart truckload shipping strategies by retooling and putting freight forecasting power to work. And these additional five shipping strategies can help enterprise shippers maximize recovery and boost profits. Freight transport cost per shipment.

Sourcing Strategies 98

Sourcing Strategies Cost Reduction Supply Chain Planning Software Optimization Software 98

Logistics Viewpoints

APRIL 6, 2023

Their metrics are often misaligned as well – supply chain focuses on service and procurement focuses on the cost of acquiring materials and services. This approach results in inefficiencies, higher costs, and missed opportunities. These costs fall within the “Cost of Goods Sold” components of the company’s financial statement.

Optimal Sourcing 121

Optimal Sourcing Manufacturing Procurement Sourcing Strategies Procurement Analytics 121

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. One of them is a bad cost management strategy. But how to get rid of them?

Cost Reduction 52

Cost Reduction Sourcing Strategies Expense Reduction Supply Chain Design Software 52

GlobalTranz

MAY 8, 2018

Most of the manufacturing industries have already incorporated lean manufacturing strategies to undermine the non-additive materials from their products. The 3 Most Important Tools for Lean Manufacturing Strategies 1.) Lean manufacturing is one of the leading waste minimization technologies inside a manufacturing industry.

Waste Reduction 67

Waste Reduction Inventory Reduction Cost Reduction Material Savings 67

The Logistics of Logistics

JANUARY 28, 2022

Beyond Cost Per Load with Felipe Capella. Felipe Capella and Joe Lynch discuss beyond cost per load. Felipe believes that while cost per load will continue to be important, savvy shippers will look for 3PLs who use technology and people to bring additional value to the shipping function. Key Takeaways: Beyond Cost Per Load.

Cost Reduction 260

Cost Reduction Optimization Software Price Reduction Logistics Network Optimization Software 260

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

The Logistics of Logistics

MAY 12, 2023

Their focus is on translating data into actionable insights that improve operations, increase efficiency, and reduce costs. Uptake’s solutions predict and prevent failures in trucks and components, optimize parts and maintenance strategies, and visualize cost information to help businesses make better decisions.

Optimization Software 327

Optimization Software Logistics Network Optimization Software Modeling Software Cost Reduction 327

The Logistics of Logistics

JULY 20, 2022

Jon is the Director of Pricing Strategy & Analytics at Loadsmart , a freight technology company that is removing the barriers between shippers and carriers so freight can move in the most efficient, transparent and automated way. When a shipper working with Loadsmart pays above the target price, Loadsmart gets a reduced margin.

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Price Reduction Purchasing Skills Cost Reduction Logistics Network Optimization Software 287

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

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

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

Waste Reduction Cost Reduction Supply Chain Planning Software Supply Chain Software 102

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

Resource Reduction Cost Reduction Supply Chain Planning Software Supply Chain Software 62

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

Blue Grace Logistics

APRIL 1, 2024

In an era where resilience and adaptability are key to survival, technology has become the bedrock upon which supply chain professionals build their strategies. These tools are helping businesses advance operations, enhance efficiency and drive growth, irrespective of the volatile economic market conditions.

Optimal Sourcing 127

Optimal Sourcing Supply Chain Software Optimization Software Supply Chain Planning Software 127

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

Blue Grace Logistics

AUGUST 10, 2021

Over the last decade, ever since social media and the IoT became common-place mediums, there has been a change in marketing tools and strategies. A more streamlined communication is provided by omnichannel strategies. In-store visits were drastically reduced during the pandemic.

Expense Reduction 62

Expense Reduction Cost Reduction Strategy Optimization Software 62

The Logistics of Logistics

APRIL 13, 2021

Beyond Cost Per Load with Felipe Capella. Felipe Capella and Joe Lynch discuss beyond cost per load. Felipe believes that while cost per load will continue to be important, savvy shippers will look for 3PLs who use technology and people to bring additional value to the shipping function. Key Takeaways: Beyond Cost Per Load.

Cost Reduction 195

Cost Reduction Optimization Software Price Reduction Logistics Network Optimization Software 195

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

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

Morai Logistics

MAY 9, 2019

Organizations within the retail industry should implement mitigation strategies into their supply chain to offset potential risks such as supply shortages. Omni-channel solutions are implemented by supply chains to help improve efficiencies and lower cost. Therefore, creating appropriate mitigation strategies should be a top priority.

Material Savings 60

Material Savings Cost Reduction Supply Chain Planning Software Supply Chain Design Software 60

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 54

Supply Chain Planning Software Supply Chain Software Cost Reduction Logistics Network Optimization Software 54

The Logistics of Logistics

MARCH 6, 2023

She joined Gorilla after helping a leading water tech manufacturer earn leads by repositioning the B2B customer at the front of their strategy. Truth : Today’s customers prefer digital first media and digital media is more cost effective – and digital assets can be tracked and measured.

Cost Reduction 324

Cost Reduction After-sales Logistics Network Optimization Software Case Study 324

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

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

Cost Reduction Expense Reduction Supply Chain Planning Software Efficiency 96

Bringg

AUGUST 1, 2018

They are designed solely to fulfill delivery orders with all the tools, ingredients and personnel required to create the same food as in a ‘real’ restaurant. There’s a lot of uncertainty, especially among large restaurant chains, as they plan their future strategy.

Expense Reduction 83

Expense Reduction Cost Reduction Strategy Trends 83

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. They took a heavy cost on both the global economy and consumer confidence. Expands Tools and Services. It’s the second week of January.

Cost Reduction 79

Cost Reduction Supply Chain Design Software Supply Chain Software Supply Chain Design 79