GlobalTranz

AUGUST 10, 2016

Today, Kelly shares the top 14 Logistics and Supply Chain Management training programs and courses available in 2016. University Courses. This program is 48 months long and its cost is around $7,000. The cost of such program is $25,000. 1) Course in E Logistics and Supply Chain Management by National University.

Supply Chain Planning Software 62

Supply Chain Planning Software Supply Chain Design Software Course Supply Chain Software 62

Ship Monk

DECEMBER 30, 2020

consumers agreeing that free shipping increases the likelihood of them making a purchase, you can imagine the kind of conversion wins you’ll be scoring by making it an option during checkout. While shipping that is both free and fast is ideal, free shipping on its own is still a powerful purchase driver. . With almost 80% of U.S.

How To 64

How To Cost Reduction Purchasing Skills eCommerce 64

Blue Grace Logistics

JULY 21, 2020

Understanding the nuances of your supply chain and how to improve upon it is the best way to achieve maximum savings, optimize efficiency, and manage customer expectations. Understand where cargo can be consolidated to increase cost savings. Measure carrier cost structures to maximize efficiencies and lower costs.

Optimal Sourcing 62

Optimal Sourcing Supply Chain Planning Software Cost Reduction Supply Chain Software 62

Logistics Bureau

MAY 30, 2022

In this post, we explain what those pillars are, why they matter, and how to align them in a way that supports supply chain management excellence. Our three pillars (or fundamentals) of great supply chain management excellence are strategy, service, and cost. For example: Alignment of strategy and cost leads to happy shareholders.

Inventory Reduction 112

Inventory Reduction Cost Reduction Price Reduction Supply Chain Planning Software 112

Conger

JULY 20, 2020

Chapter 4: How to Pass Your Forklift Certification Test With Flying Colors. How to Decide If the ‘Operator’s Life’ Is Right for You. Chapter 6: How to Get a Job as a Forklift Driver. Part I: How to Get a Forklift License. Of course not. How to construct, transport, stack, and unstack loads.

How To 63

How To Buyer Training Training Course 63

Logistics Bureau

APRIL 11, 2019

If you’re preparing to launch a new career in supply chain or logistics , it will help a lot to know how and where to look for a first job, which appointments can get you off the best start, and what qualifications will be most helpful in getting you into the profession. Source: Deloitte Report – The Future of Work.

Supply Chains 67

Supply Chains Security Purchasing Skills Scenario Planning 67

Logistics Bureau

AUGUST 7, 2023

Standardise and Digitise The key to managing complexity, of course, is to be organised. Inventory Availability and Cost: Striking a Balance It’s rarely a good idea to think too lean in ecommerce inventory management. So what can you do to ensure your inventory management meets the challenge of multichannel sales?

Inventory Reduction 89

Inventory Reduction eCommerce Inventory Procurement Solutions 89

Logistics Bureau

JULY 11, 2022

These KPIs should all be applicable to your supply chain operation, subject to some tweaking to reflect the precise characteristics of your inbound logistics and purchasing functions. SEE ALSO: How to Address Chronic Poor Supplier Performance. Other practical supplier performance KPIs include: Ordered price versus invoiced price.

Procurement Analytics 107

Procurement Analytics Procurement Solutions Purchasing Skills Inbound 107

EazyStock

MARCH 22, 2022

How to overcome demand forecasting challenges. For example, up-to-date information from your staff, customers, and, of course, industry bodies. Collaboration between purchasing and sales departments will allow better sales and trend pattern tracking. For start ups, spreadsheets can be an efficient, low-cost tool.

Supply Chain Planning Software 52

Supply Chain Planning Software How To Supply Chain Design Software Supply Chain Software 52

Ship Monk

FEBRUARY 3, 2024

These people are genuinely interested in your product — so much so, that they have purchased your products. Your products are different, your sales cycle might be longer or shorter, your customers are different — so it’s useless to compare your conversion rate, for example, to an industry average. How Often This is tricky.

eCommerce 81

eCommerce Tips Procurement Solutions Logistics Network Optimization Software 81

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. The answer depends, of course, on your company’s objectives and, particularly, on your customer service promises. What Next for Toyota IM?

Inventory Reduction 87

Inventory Reduction Eliminating Excel in Purchasing Inventory Waste Reduction 87

Blue Grace Logistics

JULY 27, 2021

The drivers for growth are not simple factors like the price or quality of a product. Customer expectations and the buying capacity of the purchaser coupled with the cost of substitutes or complementary goods also play an important role. Simple Examples of Predictive Analytics. Concept of Predictive Analytics.

Procurement Analytics 62

Procurement Analytics Supply Chain Planning Software Supply Chain Software Supply Chain Design Software 62

GlobalTranz

APRIL 6, 2021

Supply chain disruption has many sources: tariffs and trade disputes, natural disasters, pandemics, economic uncertainty and cybersecurity attacks. For example, many supply chain resiliency plans may have considered a health crisis in which organizations and key partners face lower-than-normal staffing levels. Overall, U.S.

Supply Chain Planning Software 75

Supply Chain Planning Software Supply Chain Software Supply Chains Manufacturing Procurement 75

10xLogistics

AUGUST 14, 2016

The speaker was asked how they decide what service to provide given the costs. We provide the service then figure out the cost". It is then up to the logisticians and engineers at Amazon to figure out how to do this profitably. For example, Amazon delivers on Sunday through the US Postal Service.

Cost Reduction 48

Cost Reduction Purchasing Skills Supply Chain Planning Software Logistics Network Optimization Software 48

GlobalTranz

AUGUST 21, 2015

Throughout the course of business, demand for items will contract and grow, and your business needs to be able to process customer orders. Rather than going on about how to keep your relationship positive, think about the following 10 reasons you need to maintain a positive relationship with your carrier(s).

Negotiating Skills 94

Negotiating Skills Purchasing Skills Material Savings Manufacturing Procurement 94

Ship Monk

MARCH 28, 2023

Not only that, nowadays slow shipping can annoy your current customers, deter returning customers, and cost you new customers. For example, your shipping cost could be $5 for orders within 50 miles of your warehouse or fulfillment center , $10 within 100 miles, and so on. Free 2-day shipping is like the syrup on top of pancakes.

Cost Reduction 52

Cost Reduction Inventory Reduction eCommerce Expense Reduction 52

Blue Grace Logistics

MAY 25, 2021

Innovation drives consumer markets and purchasing habits. If anything, that pace has only quickened due to the global pandemic as more and more consumers turned to online shopping to purchase goods during the lockdowns. Of course, there is the question of, “Why bother?” Clothing is a perfect example. Census Bureau.

Cost Reduction 62

Cost Reduction Purchasing Skills Procurement Solutions Purchasing 62

Logistics Bureau

OCTOBER 20, 2021

Perfect order results can help you assess performance and diagnose issues impacting service, costs, and overall supply chain effectiveness. As an example of how illuminating the perfect order KPI can be, let’s look briefly at damage-free delivery as an example. Calculating the Perfect Order. x 0.96 = 0.8661.

Supply Chain Design Software 96

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 96

Bringg

AUGUST 5, 2020

Customers save on the cost of delivery, and enjoy the speed and convenience of picking up their order from a nearby location when it suits them. This post looks at how click & collect works, why demand for it is trending now, and what retailers can do to ensure click & collect experiences that are also good for their business.

Trends 118

Trends Modeling Software Optimization Software Optimization Modeling 118

GlobalTranz

MARCH 23, 2016

How to Breakthrough Lean Culture Plateaus. Leader standard work in order to create accountability within the team structure; Problem-solving thinking; how to align your organization so that the right problems are solved at the right level. Practices and learns how to apply Lean tools. Ask yourself, "Has the Lean team plateaued?

Manufacturing Procurement 54

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software Optimal Sourcing 54

Ship Monk

FEBRUARY 16, 2023

Offering the preferred, faster 2-Day shipping option could eat away at your profit if you support the cost entirely. Over 50% of online shoppers stated they’d abandoned baskets at some point due to delivery costs. So the question becomes: is it possible to offer 2-Day shipping at an affordable price?

Cost Reduction 52

Cost Reduction Negotiating Skills Inventory Reduction Purchasing Skills 52

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

Ship Monk

APRIL 4, 2023

Keep reading for the 411 on lost packages: why they happen, what they mean for your ecommerce business, and how to stave them off. Meanwhile, if a shipping label is incorrect (in terms of sender or receiver information), blurred, or even peeled slightly, an order can easily veer off course. Of course (see what we did there?)

Packaging 79

Packaging Tips eCommerce Inventory Reduction 79

Logistics Bureau

JUNE 5, 2023

If your company operates a distribution fleet, you’ll know that the costs of running trucks for customer deliveries are continually increasing. But do you know how to operate your fleet for the maximum economy? The following tips should prove helpful in getting those truck running costs down. It’s a fair question.

Cost Reduction 73

Cost Reduction Purchasing Skills Price Reduction Waste Reduction 73

GlobalTranz

JUNE 21, 2018

Surging e-commerce, demand for faster and cheaper shipping, and unrelenting demand for superior customer service are enough to make any shippers has been, but as shipping costs soar throughout 2018, shippers will be looking for ways to manage over the road modes better. Defining “better” is also a difficult task. Carrier relations.

How To 48

How To Modeling Software Logistics Network Optimization Software Purchasing Skills 48

Ship Monk

AUGUST 8, 2023

Ever spent waaay too much time trying to find an answer to a product question or figure out how to return something? For virtually every business, customer service is a cost center. The objective should be to keep those costs low. It may seem like you’re stating the obvious (Of course we got your order! Be available.

Ordering 52

Ordering Logistics Network Optimization Software Purchasing Skills Material Savings 52

GlobalTranz

FEBRUARY 25, 2021

According to the Council of Logistics Management, it is “the process of planning, implementing, and controlling the efficient, cost effective flow of raw materials, in-process inventory, finished goods and related information from the point of consumption to the point of origin for the purpose of recapturing value or proper disposal.

Reverse logistics 84

Reverse logistics Inventory Reduction Cost Reduction Material Savings 84

Ship Monk

AUGUST 30, 2023

According to an ongoing study of 3,036 Shopify stores, the average conversion rate (visits that resulted in purchases) in 2022 was 1.3%. Today we’re going to look at how to calculate ecommerce conversion rates, identify some things that may be turning customers away, and what you can do to improve conversion rates. (You

eCommerce 52

eCommerce How To Procurement Analytics Purchasing Skills 52

GlobalTranz

MAY 4, 2016

Most industry experts rate the cost of logistics as very costly. Nearly every company offers some sort of discounted shipping plan for large purchase orders, and more customers are demanding faster delivery at a reduced rate. For example, a decreased revenue yield per mile may suggest poor fuel-burn within a given fleet.

Sourcing Strategies 60

Sourcing Strategies Freight Procurement Analytics Cost Reduction 60

GlobalTranz

JUNE 30, 2017

In addition, customers are continuing to demand lower prices and free shipping. But, our predictions’ post noted how manufacturers are having trouble with transforming customer input into responsiveness and enhancements to the customer experience. In addition, a longer buying cycle naturally improves the company’s reputation.

Manufacturing Procurement 82

Manufacturing Procurement Procurement Analytics After-sales Price Reduction 82

Ship Monk

APRIL 28, 2023

Of US adults surveyed , 69% say environmental impact is important when making a purchasing decision. Teach them how purchasing from you makes them a part of that positive mission. Consider the clothing industry as an example. Tell customers what you are supporting and why. Clearly explain cause and effect. We hope you do!

eCommerce 66

eCommerce Waste Reduction How To Material Savings 66

Trinity Logistics

OCTOBER 16, 2020

It’s no secret that technological advancements often come at a cost. That does not mean one should not continue to improve logistics , but only that one should entertain greener ideas on how to do so. . Many companies report savings after adopting greener courses of action. 1 Selecting greener suppliers.

Material Savings 62

Material Savings Waste Reduction Cost Reduction Logistics Network Optimization Software 62

Logistics Bureau

OCTOBER 10, 2022

Inventory costs too high? For example, you can optimise for cost, profit, or service, but not for all of them. Alternatively, you can focus on profit and accept tradeoffs in service and costs or concentrate on the cost and accept service and profit tradeoffs. How to Improve Forecast Accuracy for Optimal Inventory.

Inventory Reduction 114

Inventory Reduction Inventory Optimization Modeling Optimization Software 114

Talking Logistics

FEBRUARY 7, 2019

Kodak, conversely, struggles to remain relevant in an unapologetically digital world and has seen their stock prices tumble more than 90% in only four short years. The supply chain system as a whole benefit by leaving skilled labor to non-mechanical team members, and vice-versa. What is your industry’s analog camera story?

Supply Chain Software 63

Supply Chain Software Supply Chain Planning Software Supply Chains Scenario Planning 63

Logistics Bureau

MAY 24, 2021

That is the level to which each SKU quantity must fall before your inventory management system either notifies you with a reminder to reorder or initiates a purchase order autonomously. To calculate this ratio, you need to take your annual cost of goods sold, and divide it by the average value of inventory on hand.

Inventory Reduction 118

Inventory Reduction Inventory Supply Chain Planning Software Supply Chain Software 118

Airfreight Logistics

FEBRUARY 1, 2018

Yet seemingly overnight, the all too familiar unsightly wilted vase can appear, invalidating a purchase and the hopes of repeat business with the receiving customer. Reichert says that the time of the year can play a big part to when and how customers’ use their service.

Supply Chain Design Software 45

Supply Chain Design Software Cost Reduction Supply Chain Software Logistics Network Optimization Software 45

GlobalTranz

DECEMBER 9, 2014

Editor’s Note: Every company who needs equipment has to ask themselves the proper questions before either purchasing or hiring from the right company. Here’s how to decide. For example, let’s say that you’re a construction company. So, how much should you be willing to spend on a winch?

Industry 91

Industry Manufacturing Procurement Waste Reduction Purchasing Skills 91