FreightWaves SONAR

JUNE 7, 2023

Even after the long series of contract rate cuts that began in July 2022, transportation managers and supply chain leaders still have a cost-reduction role to play in 2023. The best part is that most shippers are in a position to cut spend without sacrificing the high service levels they’ve finally been able to restore.

Inventory Reduction 52

Inventory Reduction Cost Reduction Optimal Sourcing Price Reduction 52

Logistics Business Magazine

OCTOBER 9, 2023

Enhanced route planning Up to now a driver has set off with a fixed route, perhaps a regular round, or one planned a day or two earlier, and it is up to him/her to work out the best response to an accident, traffic jam or other event as and when these arise.

Warehousing 66

Warehousing Sourcing Strategies Supply Chain Planning Software Resource Reduction 66

Logistics at MPEPS at UPV

MAY 16, 2023

In the realm of logistics, there are occasional events that leave an indelible mark on the industry, causing disruptions and chaos on a global scale. The ship, one of the largest in the world, was en route from China to the Netherlands when it veered off course amid high winds and a dust storm, becoming grounded sideways in the canal.

Supply Chain Planning Software 52

Supply Chain Planning Software Logistics Network Optimization Software Expense Reduction Supply Chain Software 52

Logistics Bureau

MARCH 30, 2020

The companies most likely to emerge strongly from the Coronavirus crisis are those that had diversified their operations and implemented multi-sourcing strategies. The reasoning behind this, is that the chances of all plants being disrupted at the same time are significantly reduced. 2) Diversify Your Operations. 4) Create Redundancy.

Supply Chain Design Software 63

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 63

UL EHS- Sustainability

OCTOBER 31, 2019

But the most successful learning and development teams also understand how to measure the success of each training course and react accordingly. The best training strategy in the world can’t fix operational issues. Evaluate existing and new training options that eliminate the knowledge or skill gaps 5.

Buyer Training 40

Buyer Training Optimal Sourcing Expense Reduction Cost Reduction 40

GoShip Blog

SEPTEMBER 1, 2020

The closer it gets to the peak season, the more expensive freight rates will get and capacity will start to shrink. Recent events in the global economy have shown companies that they need to be more flexible and resilient. Build relationships with suppliers & carriers.

Expense Reduction 59

Expense Reduction Inventory Reduction Price Reduction Tips 59

Logistics Bureau

JULY 10, 2018

While the development of a wholly demand driven supply chain (DDSC) might not be for every enterprise, there is no doubt that many can benefit from such as strategy. “In a world that’s changing really quickly, the only strategy that is guaranteed to fail is not taking risks.” ” – Mark Zuckerberg.

Supply Chain Planning Software 48

Supply Chain Planning Software Supply Chain Design Software Inventory Reduction Supply Chain Software 48

Freightos

MARCH 23, 2023

In the debrief department, Sea Intelligence’s Alan Murphy shared data confirming that – of course – surging demand was the trigger for the unprecedented ocean situation. What just happened???

Price Reduction 62

Price Reduction Inventory Reduction Industry Cost Reduction 62

Logistics Viewpoints

MAY 27, 2021

a large capital expense that typically requires five years of operation to achieve a full return on investment. Capacity can be easily ramped up or down due to product seasonality, holidays and of course global events such as the COVID-19 pandemic. Implement successful omnichannel strategies and business models.

eCommerce 140

eCommerce Optimal Sourcing Supply Chain Software Supply Chain Planning Software 140

GoShip Blog

SEPTEMBER 1, 2020

The closer it gets to the peak season, the more expensive freight rates will get, and the capacity will start to shrink. Recent events in the global economy have shown companies that they need to be more flexible and resilient. Relationships with suppliers & carriers.

How To 40

How To Expense Reduction Inventory Reduction Price Reduction 40

FreightWaves SONAR

NOVEMBER 24, 2020

Of course, there’s another advantage. Email and fax don’t cut it. CRITICAL EVENT CONDITIONS LIKELY TO CAUSE ROAD CLOSURES Analytic data insights also allow understanding of how critical events affect road conditions. That includes seeing which lanes have the highest activity and will incur additional costs.

Data 105

Data Supply Chain Planning Software Resource Reduction White Paper 105

GlobalTranz

JULY 13, 2018

Using analytics in the supply chain has the most potential to dramatically reduce costs of supply chain management, as well as minimizing supply chain disruption. By identifying the actual expenses versus decreases to expenses, analytics can provide Warehouse Managers with actionable insights to lower operating expenses.

Supply Chain Software 50

Supply Chain Software Supply Chains Expense Reduction Optimization Software 50

Blue Grace Logistics

JANUARY 21, 2020

Weather events can put a drastic slow down on your operations and unfortunately, it’s practically impossible to predict exactly when these events will happen. Sure, there are seasonal weather events like snow and hurricanes, which gives us a reasonable timeframe in which to expect these types of events.

Supply Chain Planning Software 71

Supply Chain Planning Software Supply Chains Scenario Planning Negotiating Skills 71

Freightos

APRIL 27, 2023

On the other hand, too much data, without insights or context, has people chasing spreadsheets at the expense of managing shipments, convinced that looking at dashboards is productive work. This was, of course, an extremely popular use case for market data. On the one hand, it’s mission critical. And even getting that data is hard.

Data 62

Data Freight Optimal Sourcing Supply Chain Software 62

GlobalTranz

MAY 21, 2015

Many manufacturers & retailers have found that they can use state of the art supply chain management to reduce inventory & warehousing costs while speeding up delivery to the end customer. Managers should ensure that a firm’s transportation strategy supports its competitive strategy.

Supply Chain Planning Software 100

Supply Chain Planning Software Supply Chain Software Cost Reduction Supply Chains 100

Conger

OCTOBER 20, 2020

So it follows that reducing mistakes can help eliminate accidents in the workplace. In fact, OSHA has found that high-quality operator training alone can help reduce mistakes by 70%! In the event of an accident, OSHA will go through a company’s training records to verify that its operators have received proper training.

Training 52

Training Course Expense Reduction Resource Reduction 52

Blue Grace Logistics

JULY 12, 2018

Legacy systems and the old-school methodology has gotten us this far, and it’s not going to cut it in today’s market. Companies need the ability to change and adopt new strategies quickly, be it a capacity shortage or a bottleneck in materials. So what needs to change? . Supply Chains: Out with the Old and In With the New .

Supply Chain Design Software 48

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 48

GlobalTranz

OCTOBER 25, 2016

Unlike traditional, in-classroom education settings, vocational programs blend on-the-job learning opportunities with course credits and education. Vocational training is also substantially less expensive than obtaining a degree traditionally in an educational institution. ITT Closes Its Doors, Creates Ultimatum for Manufacturers.

Buyer Training 100

Buyer Training Training Resource Reduction Cost Reduction 100

GlobalTranz

JULY 9, 2015

Throughout this time, 3PL transportation management providers have taken advantage of the low-costs of transportation, which further reduced the costs for businesses and manufacturers. Driver Expenses. The Bureau of Labor Statistics asserts courses to obtain a Commercial Driver’s License (CDL) last anywhere from three to six months.

Price Reduction 102

Price Reduction Cost Reduction Trucking Resource Reduction 102

Blue Grace Logistics

NOVEMBER 10, 2020

When the C-Suite looks to the supply chain as a partner in growth, collaborates to find solutions that both cut costs and creates opportunities for expansion, they may find that partnerships with third-party logistics providers are a viable option to achieve the desired growth. 3PLs and Technology. 3PLs can Help Audit Your Operation.

3PL 62

3PL Modeling Software Supply Chain Software Logistics Network Optimization Software 62

Logistics Business Magazine

NOVEMBER 23, 2023

Koerber Supply Chain’s ‘Elevate’ event in Prague was an opportunity to discover how software and technology address the unprecedented complexity in logistics. This could reduce absenteeism and increase retention rates. AI, of course, is high on the agenda. David Priestman reports. How do I make work a game?” Elliott said. “If

Supply Chain Planning Software 66

Supply Chain Planning Software Supply Chain Software Supply Chain Design Software Logistics Network Optimization Software 66

Ship Monk

DECEMBER 15, 2023

It’s Gone Global Black Friday/Cyber Monday is now a global event. It can be very difficult (and expensive) to stand out in all the noise leading up to BFCM, so it’s important to understand what worked and what didn’t. Only then can you establish ideal pricing strategies and discounts. Sell far less than you thought you would?

Purchasing Skills 64

Purchasing Skills Material Savings Supply Chain Planning Software Procurement Analytics 64

World Food Programme Logistics

DECEMBER 10, 2019

“Key to managing the climate risks countries face is combining different programmes that will help restore ecosystems, protect people and anticipate disasters,” says Gernot Laganda, WFP’s Chief of Climate and Disaster Risk Reduction. This way a potentially long-term and expensive humanitarian emergency can be handled as a much smaller one.

Waste Reduction 52

Waste Reduction Expense Reduction Resource Reduction Government 52

Ship Monk

FEBRUARY 3, 2024

Direct mail, while not as eco-friendly and far more expensive, can be used to deliver a coupon to infrequent shoppers, or communicate big events, such as an annual sale or new product drop. But email is still one the least expensive and most effective means of communicating anything beyond a bare-bones text directly to your customers.

eCommerce 81

eCommerce Tips Procurement Solutions Logistics Network Optimization Software 81

GlobalTranz

JULY 14, 2015

In some cases, human intervention and input will be completely eliminated. However, over the course of several months, this slight change in pressure could cause permanent damage to the machine, or it may cause additional problems for other aspects of the manufacturing process. Let us know in the comments section below.

Supply Chain Software 103

Supply Chain Software Supply Chains Manufacturing Procurement Scenario Planning 103

WorkWave

SEPTEMBER 14, 2022

If you are starting a bookkeeping business, you’ll be responsible for monitoring your client’s invoicing and payments , profits and expenses, and other financial transactions. Event Planning. Event planners coordinate successful events such as corporate retreats, weddings, baby showers, and birthday parties for their clients.

Purchasing Skills 52

Purchasing Skills Cost Reduction Optimization Software Procurement Solutions 52

Blue Grace Logistics

MAY 4, 2022

The industry has adapted and evolved strategies to combat increasing costs, chaotic weather conditions and the ever-growing consumer demand. Transporting perishables and fresh produce is expensive. In fresh logistics, timing is everything, much like truckload capacity. The main difference? Get adequate insurance coverage.

Inventory Reduction 62

Inventory Reduction Temperature Capacity Expense Reduction 62

GlobalTranz

FEBRUARY 3, 2015

You obviously don’t have to email back, of course … but please do consider these six issues as you work through growing your business… All of the issues I raise are ones in which our firm is very proficient. Unless you plan to cheat death forever, and you certainly may, it might be unwise to not prepare for that event. #3:

Expense Reduction 89

Expense Reduction Transportation Sourcing Strategies Manufacturing Procurement 89

Logistics Bureau

JUNE 15, 2020

But of course, freight still needs to move, and for some commodities, such as personal protective equipment, a rapid supply chain is more critical now than it has been in many decades. Of course, this is pure speculation, and in this time of total uncertainty, any number of other scenarios might unfold. sulphur content.

Trends 77

Trends Freight Transportation Supply Chain Software 77

Logistics Bureau

JUNE 5, 2023

There are ways and means to reduce excess expenditure in fleet operation , and you can separate them roughly into three categories. Consider Downsizing Your Fleet Reducing fleet size might be the most drastic option for cost reduction, but it’s also the one likely to deliver the most significant savings.

Cost Reduction 73

Cost Reduction Purchasing Skills Price Reduction Waste Reduction 73

GlobalTranz

MARCH 13, 2015

There are, of course, tactical metrics for accounting functions like viewing open and paid invoices or the ability to identify when shipments are due, but also must include strategic metrics and reports for more in-depth analysis. Every aspect of your shipping will be displayed for you to develop new strategies from.

Logistics Network Optimization Software 95

Logistics Network Optimization Software Transportation Cost Reduction Price Reduction 95

Logistics Bureau

APRIL 4, 2022

The answer is to benchmark your freight, of course. At Logistics Bureau, we want to help you with that, so we’re publishing this brief guide to help you if you haven’t already included freight benchmarking in your management strategies or want to benchmark more effectively than you are now.

Negotiating Skills 82

Negotiating Skills Purchasing Skills Logistics Network Optimization Software Supply Chain Planning Software 82

EazyStock

NOVEMBER 19, 2021

But if you don’t carry enough, you face stock-outs and reduced service levels. In reality, of course, this rarely happens. This leads to a stock-out in week four and a number of expensive back orders. Many companies use simplified approaches to calculating safety stock at the expense of accuracy.

How To 52

How To Inventory Reduction Inventory Optimization Modeling 52

Ship Monk

SEPTEMBER 12, 2023

You turn to crowdfunding, of course! Your job will be to heavily promote your page via email, events, social media, or any other method you can think of. You’re too small and your idea is untested, so you can’t attract investors and your uber-supportive friends don’t have any more money than you do. What do you do?

eCommerce 69

eCommerce Modeling Software Ordering Procurement Solutions 69

Logistics Business Magazine

OCTOBER 26, 2018

The exclusive Hungarian main sponsor of the event – Waberer’s International Nyrt – is responding to the industry challenges with innovation and sustainable services. We plan to use these trucks in our fleet from 2019, but of course, the filling station infrastructure must be further improved to let this happen.

Supply Chain Planning Software 28

Supply Chain Planning Software Supply Chain Design Software Expense Reduction Modeling Software 28

Logistics Business Magazine

OCTOBER 26, 2018

The exclusive Hungarian main sponsor of the event – Waberer’s International Nyrt – is responding to the industry challenges with innovation and sustainable services. We plan to use these trucks in our fleet from 2019, but of course, the filling station infrastructure must be further improved to let this happen.

Supply Chain Planning Software 28

Supply Chain Planning Software Supply Chain Design Software Expense Reduction Modeling Software 28

Material Handling and Logistics

DECEMBER 6, 2018

For example, technicians will arrive on-site for a break/fix event within two hours of being notified within any 24/7 period. Optimized budgeting for buyer; converts CapEx to OpEx and reduces number of transactions. The performance levels of solutions delivered are assured. For Supplier. For Obligee and Recipient. Sales Commissions. ?

Logistics Network Optimization Software 100

Logistics Network Optimization Software Optimal Sourcing Optimization Modeling Modeling Software 100