Logistics Business Magazine

MAY 5, 2020

With current events in mind, managing future supply chain disruptions will be an integral component of corporate strategy. Creating supply chain resilience is a holistic exercise that involves more than just a few savvy logistics people. How then to build a strategy? Unpredictable is not a reason to be unprepared.

Supply Chain Planning Software 45

Supply Chain Planning Software Supply Chain Software Supply Chains Sourcing Strategies 45

ShipLilly

FEBRUARY 8, 2023

Of course, this is only possible with goods with a long expiry date. For example, some businesses could position themselves as the source for hard-to-find items that have not been recently stocked by most rivals. Historical data, as well as informed projections, can be useful in this exercise.

Inventory Reduction 52

Inventory Reduction Inventory Handling Price Reduction 52

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

Logistics Bureau

AUGUST 1, 2022

Often, in our experience, the problem is a human one… It’s not the data, not the process, not the technology, or the strategy, but the people. So, for example, the Head of Supply might be the Supply Chain Director, Supply Chain Manager, or another non-executive supply chain management specialist. The Supply Chain Head.

Supply Chain Planning Software 104

Supply Chain Planning Software Scenario Planning Operations Supply Chain Design Software 104

Logistics in War

AUGUST 18, 2019

Of course additional funding and attention can improve the capability and capacity of any military force to sustain itself in peace and on operations. Part Two offered examples where militaries get it right, and a number of examples where events did not transpire as well as they might.

Military 88

Military Exercises Resource Reduction Logistics Network Optimization Software 88

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

Logistics Bureau

OCTOBER 29, 2020

Of course, benchmarks and benchmarking can cover all kinds of different things, at work or elsewhere. Suppose you wanted to be the fastest runner in the world, for example. Those levels are “benchmarks”. The first thing you’d want to know is “what is the benchmark?” meaning “what speed do I have to beat to be the fastest?”

Supply Chains 79

Supply Chains How To Scenario Planning Cost Reduction 79

Logistics Bureau

OCTOBER 19, 2020

Of course, benchmarks and benchmarking can cover all kinds of different things, at work or elsewhere. Suppose you wanted to be the fastest runner in the world, for example. Those levels are “benchmarks”. The first thing you’d want to know is “what is the benchmark?” meaning “what speed do I have to beat to be the fastest?”

Supply Chains 62

Supply Chains How To Scenario Planning Cost Reduction 62

Logistics Bureau

NOVEMBER 8, 2021

So, for example, if your business competes strongly on price, you might go heavy on the cost-reduction side of supply chain management, setting objectives centered on savings. Whatever your competitive strategy, though, your supply chain goals should support it. Conflicting KPIs: A Brief Example.

Supply Chain Software 81

Supply Chain Software Supply Chains Scenario Planning Cost Reduction 81

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.

Inventory Reduction 106

Inventory Reduction Resource Reduction Vendor Strategies Cost Reduction 106

Logistics Bureau

MARCH 3, 2019

Of course, it would be possible to write an entire book on this particular subject, so for the sake of keeping this article relatively brief, I’ll stick to a short explanation of crucial factors to consider when planning a warehouse network (even if it is a network of one). It can go further than this, of course.

Supply Chain Design Software 98

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Scenario Planning 98

Logistics in War

MARCH 6, 2020

Of course additional funding and attention can improve the capability and capacity of any military force to sustain itself in peace and on operations. Part Two offered examples where militaries get it right, and a number of examples where events did not transpire as well as they might.

Military 55

Military Exercises Resource Reduction Logistics Network Optimization Software 55

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

Logistics Business Magazine

SEPTEMBER 19, 2018

But a strategy requires much more than slide decks and statements of intent, right? If managers embrace the idea of giving employees responsibility and decision-making autonomy in their respective areas of expertise – in agile teams, for example – then the parameters can also be defined together. That’s to be expected.

Optimal Sourcing 28

Optimal Sourcing Industry Supply Chain Design Software Material Savings 28

Logistics Marketing Advisors

JUNE 20, 2018

Communication is a two-way street, of course. If an honest assessment points more to the latter, now is a good time to course correct. For example, if you regularly share information with your list using a marketing automation tool like HubSpot, you can easily determine who is and isn’t interacting with your content.

Procurement Solutions 40

Procurement Solutions Procurement Analytics Logistics Network Optimization Software Compliance 40

The Logistics Academy

FEBRUARY 13, 2017

For example, as online sales reach a record high, B2C service provider Jet.com uses some creative logistics concepts to bring value to customers. Darren Prokop, University of Alaska Anchorage (UAA): As in the academic world in general, there is a trend to online course delivery. But hard skills must be coupled with soft skills.

Supply Chain Design Software 40

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 40

Logistics Bureau

DECEMBER 19, 2022

Slotting a warehouse product is the same, for example, as placing your umbrella close to your front door at home, so it’s easy to pick it up and run when it’s raining, and you’re late for work. Therefore, any slotting strategy should focus on minimising such travel. Or a similarly sized reduction in warehouse labour costs ?

Production 92

Production Inventory Reduction Cost Reduction Resource Reduction 92

247 Customs Broker

JUNE 6, 2018

Of course, that would be hard to do if the business in question needs to pile on costs just in order to increase its market share. Getting this right to maximize your transportation strategy is a balancing act—regardless of the mode or modes of shipping. The modern assembly line is the best example of this. Inside and outside.

Purchasing Skills 28

Purchasing Skills Negotiating Skills Sourcing Strategies Supply Chain Planning Software 28

247 Customs Broker

JANUARY 31, 2018

“We have so many capabilities that many shippers here don’t know much about, although we’re a very dynamic company,” he said. “In Japan, Nippon Express is a household name and that carries with it a high expectation,” said George Hassapis, general counsel and vice president of the Corporate Strategy Division of the U.S. more national.

Material Savings 28

Material Savings Logistics Network Optimization Software Cargo Freight forwarding 28

Conger

FEBRUARY 28, 2024

For example, a flashing red light may indicate that the forklift is carrying a heavy load and is about to reverse. For example, older operators might require more light to operate a forklift safely. Operators wishing to further their skills can enroll in an in-person or online course that aligns with OSHA standards.

Buyer Training 52

Buyer Training Material Savings Training Maintainability 52

Logistics Bureau

OCTOBER 12, 2020

Golden Rule #1: Meaningful KPIs Require a Meaningful Strategy. I’ve written many posts on this blog about the importance of having a supply chain strategy aligned with the overall business plan, and why it is a mistake to have misaligned strategies. I’ve also described some of the issues that can arise from such an error.

Supply Chain Software 62

Supply Chain Software Supply Chains Material Savings Sourcing Strategies 62

SYSPRO Smarter ERP

JANUARY 19, 2022

For example, one of the main problems with Asian-US trade is that all container ship deliveries are now routed to the West Coast, even though the bulk of America’s manufacturers are based on the East Coast. To assist with the short-term solution, the answer is an extensive data-gathering exercise. Use data to improve operations.

Manufacturing Procurement 105

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software Supply Chains 105

Logistics Bureau

FEBRUARY 28, 2019

Golden Rule #1: Meaningful KPIs Require a Meaningful Strategy. I’ve written many posts on this blog about the importance of having a supply chain strategy that’s aligned with the overall business plan, and why it is a mistake to have misaligned strategies. I’ve also described some of the issues that can arise from such an error.

Supply Chain Software 63

Supply Chain Software Supply Chains Sourcing Strategies Scenario Planning 63

Logistics Bureau

SEPTEMBER 20, 2022

For example, it either makes sense to outsource logistics activity to a 3PL, or it makes more sense to keep it in-house. For example, outsourcing can seem like a potential cure for obfuscated logistics costs , given that lack of cost transparency is a common issue for organisations that manage logistics internally.

Outsourcing 98

Outsourcing Cost Reduction Resource Reduction Expense Reduction 98

Logistics Bureau

MAY 31, 2021

For example: Compared to selling a product in-store, the cost to deliver that same item as a small parcel can be several times higher. The above examples reflect costs that include picking, packing, and last-mile delivery. The list above is not exhaustive but merely provides some notable examples of cost drivers.

Cost Reduction 117

Cost Reduction Purchasing Skills Expense Reduction Inventory Reduction 117

Logistics Bureau

NOVEMBER 14, 2018

Thus, if you find out that an expensive transport solution (courier for example) is routinely being used to deliver a low margin product to a customer, you’ll understand that much better if the end result for you turns out to be a loss. Knowing your CTS per product and per customer also lets you better control different commercial strategies.

Purchasing Skills 88

Purchasing Skills Cost Reduction Supply Chain Planning Software Supply Chain Design Software 88

Automotive Logistics

AUGUST 14, 2018

One example is the port of Los Angeles, which has worked with GE Transportation and last year introduced a cloud-based port optimiser that provides real-time information on cargo through a single portal that is made available to all the partners involved in the processing of it. Take service parts as an example. Trade wars.

Supply Chain Planning Software 39

Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Design Software Modeling Software 39

Logistics Bureau

AUGUST 14, 2018

Globalisation, ever-changing customer needs, and other market forces serve to maintain a state of liquidity, requiring companies to re-evaluate strategies and business models on a regular basis. That’s no bad thing of course, provided the reasoning behind the decision is sound and the consequences thoroughly evaluated.

Outsourcing 56

Outsourcing Cost Reduction Material Savings Operations 56