Logistics Business Magazine

AUGUST 30, 2023

. “Our position as a global logistics company means we are a driver of intelligent transport solutions, actively shaping the mobility of tomorrow,” says Frank Haas, Head of Corporate Brand Strategy & Communications at Gebrüder Weiss. “Of course, we would like to win the race.

Course 53

Course Transportation Efficiency Global logistics 53

Logistics Bureau

SEPTEMBER 4, 2023

And, of course, I will also share how knowing your cost-to-serve will help you to solve those all-too-familiar performance gremlins. We’ll begin with a look at pricing strategy. Do You Lack Confidence in Your Pricing Strategies? It’s unlikely, however, that the effects of your pricing strategies are quite that simple.

Negotiating Skills 89

Negotiating Skills Purchasing Skills Cost Reduction Analysis 89

Logistics Bureau

DECEMBER 4, 2023

Inventory management is a crucial aspect of supply chain management, and effective strategies can help businesses reduce costs, improve customer service, and increase profits. But what does a great inventory management strategy look like? At that point, each SKU will be taken to any convenient storage location in the warehouse.

Inventory Reduction 87

Inventory Reduction Eliminating Excel in Purchasing Inventory Waste Reduction 87

Logistics Viewpoints

NOVEMBER 10, 2022

Employee scarcity and high worker turnover are of critical impact to the efficiency and productivity of the nation’s warehouses, particularly when factoring in the costs of continually replacing and training new employees –which can equate to almost 25% of a worker’s average annual salary. Shining The Light On The Forgotten Worker.

Supply Chain Software 117

Supply Chain Software Logistics Network Optimization Software Inventory Reduction Resource Reduction 117

GlobalTranz

FEBRUARY 28, 2018

For example, Tesla plans to build a fleet of 500 autonomous trucks, says Kirsten Korosec of Fortune. Our shippers are now able to book traditional shipments and last mile shipments, selecting options such as room of service, in order to achieve a last mile shipment efficiently. But that is not stopping others from trying.

Vendor Strategies 57

Vendor Strategies Course Trends Cost Reduction 57

3PL Links

FEBRUARY 19, 2024

Image source: Flickr | Navigating Trends and Projections in Logistics for 2024 The logistics industry is always changing due to fluctuations in the market, technology advancements, and the never-ending quest for efficiency. Technology: The Engine of Transformation Technology will always be at the center of innovation and development.

Sourcing Strategies 48

Sourcing Strategies Trends Inventory Reduction Logistics Network Optimization Software 48

Parade

MARCH 3, 2021

For freight brokers and third-party logistics providers, efficiency is king. And in the example of invoices, the unwieldy process of cross-referencing and auditing means that fraud in the logistics business is all too common. 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 Viewpoints

AUGUST 22, 2023

That’s when you can course correct in any number of ways that make your business more efficient and your customers happier. And modern, API-first data strategies have vastly improved portability, ensuring data can be easily moved and shared between any cloud and any application. In other words, visibility is an enabler.

Supply Chain Planning Software 111

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 111

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. Table of Contents What Is 5S? Green tag/red tag.

Waste Reduction 52

Waste Reduction Inventory Reduction Cost Reduction Resource Reduction 52

Locus

MARCH 27, 2024

With the expectation that these numbers will only grow, the challenge intensifies to keep returns efficient and cost-effective, all while preserving a stellar customer experience. In essence, omnichannel strategies turn logistical challenges into advantages, making deliveries more efficient and cost-effective.

Cost Reduction 52

Cost Reduction Inventory Reduction Expense Reduction Resource Reduction 52

Logistics Business Magazine

SEPTEMBER 6, 2023

The company in this example has tailored its fulfilment concept precisely to these demands and implemented it with state-of-the-art technology from its long-term intralogistics partner SSI Schaefer. Example contents include headache pills, nasal sprays, and adhesive bandages. Employees refill the A-Frames during lower-load periods.

Picking 61

Picking Automation Optimization Software Material Savings 61

Logistics Viewpoints

SEPTEMBER 6, 2023

Of course, the progress of Amazon Prime over the last decade has leveled the playing field quite a bit. The Essence: Predictability Can Enable Cost-Efficiency and Responsiveness Amazon’s anticipatory shipping patent describes both physical distribution network capabilities and information technology capabilities.

Inventory Reduction 140

Inventory Reduction Purchasing Skills Cost Reduction Modeling Software 140

Logistics at MPEPS at UPV

MAY 24, 2023

I was surprised by the quality-price of the menu (which included starter, main course, dessert and drink) as well as the good service of the staff. Although the food preparation processes are not automated, they have developed an efficient production line while maintaining the ‘homemade’ flavor.

Price Reduction 52

Price Reduction Inventory Reduction Cost Reduction Logistics Network Optimization Software 52

Ship Monk

APRIL 5, 2024

Of course, it wouldn’t be a business strategy if there weren’t a couple more acronyms to learn. SRM not only leads to better prices and more reliable service, it can also lead to greater efficiencies and more innovative products that keep you ahead of the competition.

Negotiate Pricing 82

Negotiate Pricing Negotiating Skills eCommerce Purchasing Skills 82

FreightWaves SONAR

FEBRUARY 26, 2021

Of course, measuring revenue through the growing demands for both contract and spot freight transportation is never simple addition and subtraction. Of course, tracking overall detention across a carrier’s network can seem overwhelming. Of course, it helps to know how the trends are shaping up over days, weeks and even months.

Trucking 96

Trucking Price Reduction Freight Cost Reduction 96

GlobalTranz

APRIL 17, 2017

As we begin the second quarter of 2017, let us take a moment to think about why TMS automation begets more efficiency. This independence naturally lends itself to more efficiency in performance management and ensuring everyone, including inbound and outbound logistics partners, stay on the same page. A TMS Works Independently.

Supply Chain Software 49

Supply Chain Software Automation Efficiency Inventory Reduction 49

FreightWaves SONAR

NOVEMBER 19, 2020

Of course, no disruption comes close to those that have been experienced to date in 2020. Consider this example. However, AI can provide a pathway toward more proactive, responsive management strategies. Consider this example. . Of course, even those capabilities hinge on AI to digest, interpret and act upon data. .

Supply Chain Software 105

Supply Chain Software Supply Chains Sourcing Strategies Scenario Planning 105

Logistics Business Magazine

OCTOBER 9, 2023

That in turn can assist with the next topic, that of efficient order picking, which of course has its own pathing and routeing issues. Efficient picking A lot of the noise around AI in the supply chain is around issues like inventory and ordering. A minor example is some work we recently did for Birlea.

Warehousing 60

Warehousing Sourcing Strategies Supply Chain Planning Software Resource Reduction 60

Logistics Viewpoints

JUNE 6, 2022

Transportation is, of course, a major source of green house emissions. Running more efficient routes, with more fully loaded trucks, saves money and reduces emissions. Derek Gittoes, a vice president of supply chain management product strategy at Oracle, said “this is very much an estimate.

Cost Reduction 133

Cost Reduction Price Reduction Supply Chain Planning Software Scenario Planning 133

Logistics Business Magazine

OCTOBER 8, 2018

“Automation is perfect for many repetitive tasks, but it may never be the right option for everyone,” says Phil Mean, Product Strategy Manager for Hyster Europe, which already provides fully and partially automated lift truck solutions. They can of course also avoid overloading if the load is unknown.”.

Efficiency 28

Efficiency Automation Trucking Logistics Network Optimization Software 28

Logistics Bureau

AUGUST 7, 2023

Standardise and Digitise The key to managing complexity, of course, is to be organised. However, larger companies can find maintaining inventory accuracy and process efficiency difficult, even with the most ardent attention to detail and the most organised approach to IM. Why is this?

Inventory Reduction 89

Inventory Reduction eCommerce Inventory Procurement Solutions 89

Logistics Business Magazine

JULY 6, 2022

Of course, with global energy prices soaring, the commercial incentive for operating in an environmentally conscious way has never been greater. For example, as part Combilift’s drive to help customers achieve their aims of more sustainable operations, over 60% of the company’s output is now electric.

Supply Chain Planning Software 62

Supply Chain Planning Software Supply Chain Design Software Manufacturing Procurement Sourcing Strategies 62

Shipchain

AUGUST 19, 2020

That said, a future in which smart machines can make decisions on their own (with a touch of human guidance, of course) could be closer than we think. Yes, both can decrease human error, streamline operations, and lead to smarter and more efficient supply chains. Enter cognitive automation. .

Supply Chain Software 97

Supply Chain Software Automation Logistics Network Optimization Software Industry 97

Logistics Bureau

JANUARY 7, 2020

Of course, it is helpful to have some statistics on hand to validate the statement above. Supply chain strategy is critical to business success, but companies often underestimate its importance and hence pay it less leadership attention than other areas of operation. Supply Chain Strategy. What’s wrong with this picture?

Supply Chain Design Software 122

Supply Chain Design Software Supply Chain Design Inventory Reduction Cost Reduction 122

FreightWaves SONAR

FEBRUARY 16, 2021

Knowing how fleets operate day in and day out will help provide a clear picture of efficiencies. Of course, that all depends on seeing the activities that are occurring, benchmarking current carrier operations and continuously improving. Freight intelligence tools help management develop a more unified freight strategy.

Supply Chain Software 98

Supply Chain Software Trucking Expense Reduction Resource Reduction 98

GoShip Blog

FEBRUARY 8, 2024

In this guide, we will give you the tools you need to better your shipping strategy. The course of action you need to take will ultimately depend on the type of damage that affects your freight shipments. For example, changes in climatic zones and moisture content result in container rain , leading to damaged freight.

Freight 52

Freight How To Cost Reduction Document 52

Parade

MARCH 3, 2021

For freight brokers and third-party logistics providers, efficiency is king. And in the example of invoices, the unwieldy process of cross-referencing and auditing means that fraud in the logistics business is all too common. This post was written in collaboration with , OpenEnvoy , a leading automated invoice reconciliation tool.

Supply Chain Software 78

Supply Chain Software Supply Chain Planning Software Resource Reduction Cost Reduction 78

Parade

MARCH 3, 2021

For freight brokers and third-party logistics providers, efficiency is king. And in the example of invoices, the unwieldy process of cross-referencing and auditing means that fraud in the logistics business is all too common. This post was written in collaboration with , OpenEnvoy , a leading automated invoice reconciliation tool.

Supply Chain Software 78

Supply Chain Software Supply Chain Planning Software Resource Reduction Cost Reduction 78

Logistics Viewpoints

OCTOBER 10, 2022

Can you give me a concrete example of how your risk management solution detected a threat and came to the rescue? For example, to build that plant, the company would need to work with a construction company or companies. Then of course, our own team needs constant training because our initiative is evolving over time.

Supply Chain Planning Software 134

Supply Chain Planning Software Supply Chain Software Supply Chains Optimal Sourcing 134

Ship Monk

MAY 26, 2022

As the world of eCommerce has evolved, warehouses have done the same to keep up with demand for fast and efficient order fulfillment. Technology (the integration of robotics, automation, and sophisticated software) is a main part of that, as it drives down costs for our clients and makes operations more efficient. The ROBOT TOM Line.

3PL 52

3PL Cost Reduction Supply Chain Software Optimization Software 52

Logistics Viewpoints

JUNE 20, 2022

China, for example, only produces 14% of their total units, only 3% of those units end up being exported to the United States and 2% to EMEA. Achieving agility with a strategy to sell goods in the same region they are produced in, “has never been more important,” Mr. Bailey exclaimed. That of course, works to VF’s advantage as well.

Supply Chain Planning Software 126

Supply Chain Planning Software Supply Chain Software Manufacturing Procurement Supply Chains 126

Logistics Business Magazine

FEBRUARY 7, 2023

Of course, the issues are further compounded by the fact that modern technology now means that an increased number of warehouses are automated almost 24 hours a day, meaning very few or no personnel are on site. The best way to save lives of course, is to ensure automatic fire detection is in place, across your entire cold storage facility.

Material Savings 58

Material Savings Waste Reduction Expense Reduction Cost Reduction 58

Blue Grace Logistics

MARCH 13, 2018

For example, a company shipping high-value electronics, will want to check with their 3PL about security protocols. Is there a system in place to alert management when drivers divert course? Shippers should ask themselves if their 3PL understands their business and customer base. Are trucks secured?

Cost Reduction 48

Cost Reduction Price Reduction 3PL Strategy 48

3PL Links

JANUARY 31, 2023

As a result of only investing in an expensive marketing strategy, you immediately miss the point. Thankfully, it’s not a wet finger job, but with efficient inventory management, you can optimize the product flows coming in and going out. Thanks to a WMS system, you can process orders more efficiently.

Inventory Reduction 62

Inventory Reduction Inventory Tips Expense Reduction 62

Bringg

MARCH 24, 2021

To meet the new demand, companies will have to adjust their operations for greater efficiency, flexibility, and cost reduction. Supply chain optimization ensures a smoother process and a more successful business model focusing on efficiency and profit. Optimizing this process allows it to function at peak efficiency.

Optimal Sourcing 62

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Supply Chain Design Software 62

Logistics Bureau

JANUARY 9, 2019

Of course, it is helpful to have some statistics on hand to validate the statement above. Supply chain strategy is critical to business success, but companies often underestimate its importance and hence pay it less leadership attention than other areas of operation. Supply Chain Strategy. Mini Case Study: Walmart.

Supply Chain Design Software 118

Supply Chain Design Software Supply Chain Design Inventory Reduction Cost Reduction 118

GlobalTranz

JULY 21, 2015

Force Improved Productivity : Client’s may be able to leverage their position to force their 3PL to employ more efficient processes that will help reduce labor hours, thereby mitigating the full impact of wage increases.

Cost Reduction 94

Cost Reduction 3PL Purchasing Skills Strategy 94