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

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Talking Logistics

AUGUST 8, 2017

In today’s post, I’ll share some concrete examples of machine learning applications used today in the context of S&OP. The first example is to use machine learning for improving the results of your promotions and improving sales. Take the Coca Cola company, for example. Machine learning to boost your sales.

Optimal Sourcing 63

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GlobalTranz

AUGUST 27, 2018

In essence, that is the heart of Industry 4.0 , a complete synergy between operations, equipment, properties and, of course, the people who spend their time there. Modern systems must retain access to the local network and have a reliable connection — wireless or otherwise. The post How to Optimize Your Factory Layout for Industry 4.0

Optimization Software 60

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Logistics Business Magazine

JULY 6, 2022

Quite simply it is an issue that is impacting the long-term viability of every business, which means that today’s supply chain professionals must understand how to effectively build sustainability into their logistics plans for future success.

Supply Chain Planning Software 68

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Dedola Global Logistics

JUNE 19, 2020

For example, customs-related delays are often due to paperwork or procedural errors due to inexperience or neglect. Here are some of the most significant issues that make importers’ jobs more challenging, and how Dedola Global Logistics views and addresses them. Popular Resource: Blog – How to Reduce Soft Costs.

Cost Reduction 123

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Talking Logistics

SEPTEMBER 20, 2017

For example, this year, Chinese New Year occurred later in the season than usual, so we started planning with customers in mid-January, not mid-December, as we do in some years. History can inform how we approach the next significant event. This is a week-long celebration in China. That doesn’t mean they don’t require some forethought.

Scenario Planning 63

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Camelot 3PL Software

APRIL 3, 2019

We will now delve into HOW to successfully implement, and identify several key success factors for every project. have been written on how to effectively plan a project. Project Reports give sponsors and stakeholders a reliable and high-level snapshot of progress, status, plans going forward, and other prudent information.

Modeling Software 40

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Blue Grace Logistics

JULY 27, 2021

Of course, these sophisticated automated models will not give the full picture either, especially in a market run by the pandemic. Simple Examples of Predictive Analytics. It can answer questions like how much peanut butter to stock. How to leverage historical data to change buying behaviors and eliminate bias.

Procurement Analytics 62

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FreightWaves SONAR

JULY 14, 2023

While this method can be useful, it fails to provide reliable results in an industry as volatile and rapidly evolving as logistics. The high-frequency data housed in FreightWaves SONAR, for example, predicted the current freight recession months in advance.

Supply Chain Planning Software 52

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Talking Logistics

JULY 16, 2018

For example, a retailer may be relying on six-month old shipment charts with average transit times to decide when to reorder stock. Other examples include resolving issues around transshipment problems and accurately scheduling labor.”. That is where AI and predictive analytics can help. From Static Rules to Dynamic Learning.

Supply Chain Planning Software 62

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Logistics Bureau

AUGUST 7, 2023

Standardise and Digitise The key to managing complexity, of course, is to be organised. 2) A need for variants of products that are more suitable for online ordering and shipping than those suited for in-store sales (leak-proof packaging, for example). Try to establish consistency in the identification of your company’s products.

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Logistics Business Magazine

NOVEMBER 23, 2023

Emphasizing the importance of adaptability, reliability, speed and cost in project management, he forecasts further growth in retail micro-fulfilment, challenges in recruiting and retaining warehouse workers and a need to improve environmental, social and governance (ESG) outcomes for customers. How to go higher, more vertical is one.

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Trinity Logistics

OCTOBER 27, 2023

For this article, I want to talk to you about how to bring that sense of comfort and confidence in your service for shipper relationships, your carrier relationships, and even for yourself. If you’re lacking in any of these, of course you won’t be as confident, so it’s time to get to work on improving your skills or knowledge.

Tips 62

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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. For example: Alignment of strategy and cost leads to happy shareholders. How accurate and effective is your demand planning? Why does the C-suite want the three pillars aligned?

Inventory Reduction 112

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Dedola Global Logistics

JUNE 19, 2020

For example, customs-related delays are often due to paperwork or procedural errors due to inexperience or neglect. Here are some of the most significant issues that make importers’ jobs more challenging, and how Dedola Global Logistics views and addresses them. Although most shipments are seamless, some will face challenges.

Cost Reduction 52

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Dedola Global Logistics

JUNE 19, 2020

For example, customs-related delays are often due to paperwork or procedural errors due to inexperience or neglect. Here are some of the most significant issues that make importers’ jobs more challenging, and how Dedola Global Logistics views and addresses them. Popular Resource: Blog – How to Reduce Soft Costs.

Cost Reduction 52

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Logistics Bureau

APRIL 4, 2022

So how can you be sure you’re getting the best freight rates possible? The answer is to benchmark your freight, of course. However, while it sounds simple in theory, it’s not so straightforward in practice, primarily because it can be challenging to access reliable freight rate information.

Negotiating Skills 82

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Ship Monk

FEBRUARY 13, 2024

And how in the world did that ecommerce company manage to ship it to me for nothing? Today, we’re going to discuss how package weight affects ecommerce shipping rates. How to Calculate DIM Weight 1. Of course, if your product, sans packaging, is already above the weight limit there’s not much you can do to make it lighter.

eCommerce 87

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Blue Grace Logistics

MARCH 26, 2020

For example, managed transportation or transportation management might be the ideal terms to use in the US. Of course, the real value of managed services lies in the value-added services, such as auditing, accounting management, billing, compliance record keeping, load matching, big data analytics-driven insights, and more.

Logistics Network Optimization Software 62

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Logistics Bureau

OCTOBER 10, 2022

For example, you can optimise for cost, profit, or service, but not for all of them. For example, inaccurate forecasts typically lead to: Overstocking — a problem that ties up working capital and can lead to inventory obsolescence. How to Improve Forecast Accuracy for Optimal Inventory. How Does Lead Time Affect Inventory?

Inventory Reduction 114

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Ship Monk

JULY 27, 2022

For an eCommerce business owner, the answer is obvious: How the heck do I get a handle on my inventory management ?! We’re talking, of course, about demand forecasting, or the process of predicting customer demand for a product or service. The COVID-19 pandemic was a prominent example. #5 What is Demand Forecasting?

eCommerce 52

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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). How reliable are your suppliers? Start Thinking FAST.

Supply Chain Design Software 98

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Logistics Business Magazine

MAY 27, 2021

Jörg Spiekermann, sales manager for palletising and packaging systems in the Consumer Goods area of Beumer Group , knows how to solve individual tasks with standard components. During transshipment and outside storage, merchandise is protected reliably against environmental influences such as sunlight, dirt and humidity.

Packaging 64

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GlobalTranz

MARCH 26, 2018

For example, if you operate in an area prone to bushfires, you need to consider how this will affect the roads and infrastructure. Having a detailed plan of how to deal with issues like these will ensure that your employees are prepared and able to handle a problem before it becomes a supply chain crisis. Author Bio.

Supply Chains 61

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PINC

MARCH 30, 2020

For example, when companies introduce new products, they estimate the demand for goods based on current market conditions. How long can this boom in freight volumes last?” From there, the bullwhip effect flows up the supply chain—from the retailer to the distributor to the manufacturer and right through to the raw materials supplier.

Inventory Reduction 52

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Now, That's Logistics

JANUARY 16, 2019

An all-in-one offering, contract logistics is attractive for shippers that want to outsource non-core activities to a reliable third party and then use their own internal resources to run successful businesses. Of course, keeping up with those order volumes on the manufacturing side isn’t easy.

Logistics Network Optimization Software 60

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WorkWave

NOVEMBER 18, 2019

So, just how much should you charge for pest control jobs? By the end of the article, you’ll know exactly how to price pest control services so that you can remain competitive in the industry. How Much Does Pest Control Cost? Take time to figure out how you want to set your pricing. Will it be by story?

Price Reduction 56

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Ship Monk

FEBRUARY 16, 2023

do you do it in-house, work with a reliable 3PL like ShipMonk, or outsource entirely to a 4PL or 5PL ). As an example, fulfillment fees explain why it is cheaper to order a product directly from a manufacturer than an online marketplace, and cheaper to order from an online marketplace than it is from an ecommerce brand’s direct website.

Cost Reduction 52

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Conger

MARCH 14, 2024

Fragile items, glassware, electronics, and perishable goods are some examples of vulnerable materials. Examples of these techniques include employing foam padding or rubber mats between the clamp attachment and the load. They offer a secure grip on the loads, which makes them ideal for safe and reliable transportation.

Buyer Training 76

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Logistics Bureau

MAY 8, 2023

However, we also know how to help businesses get the most from the resources they have and make the right decisions for improvement. So naturally, we’re here to help your enterprise too. You must evaluate the option in detail to know if it presents more pros than cons or vice versa.

Negotiating Skills 62

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GlobalTranz

APRIL 12, 2017

Unlike the heart, however, your routing guide needs to be continually updated to reflect the most relevant changes in carrier preferences, stipulations for compliance violations and detailed instructions on how to handle different shipping circumstances. For example, provide direction for each vendor that comes from a specific area.

Vendor Strategies 48

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Blue Grace Logistics

FEBRUARY 19, 2019

Of course, the cost is a factor in this regard. Pricing is the perpetual thorn in the side, of course, and it’s easy for one side or the other to take advantage when the conditions are right. While that’s a good move on their part, it doesn’t do a shipper any favors when they have freight that needs to get on the road.

Tips 48

Tips Resource Reduction Cost Reduction Expense Reduction 48

Logistics Manager

MAY 1, 2018

For instance, some were known for having the cheapest rates, while others were known for their extreme reliability and service levels for those willing to pay a premium for the service. This is just one example where having a local on the ground person has a big impact on improved service levels for customer satisfaction.”.

Negotiating Skills 48

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Freightera

MAY 20, 2022

For example, the first tip we’d like to give you is: 1) Do not use just one carrier. For example, many shippers are so accustomed to using FTL (full truckload) services that they will do so even if they’re shipping only 10 medium-sized pallets. So how can they compete with the large, established names in the shipping industry?

How To 44

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WorkWave

JANUARY 15, 2021

Now, you need to learn more about the industry and how to start a tree service business. Even though this is not a legal requirement to run a tree service business, becoming a certified arborist will solidify your reputation and let people know you are a skilled and reliable service provider. How Much Does a Tree Care Business Make?

How To 52

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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

247 Customs Broker

JANUARY 4, 2019

Even as the convenience of online grocery shopping attracts consumers, many grocers are struggling to determine how to satisfy this surging demand without decimating their bottom lines. And, of course, they lack drivers who need to be paid. Of course, for these to work, online consumers have to maintain their shopping patterns.

Logistics Network Optimization Software 28

Logistics Network Optimization Software Supply Chain Planning Software Expense Reduction Inventory Reduction 28