Ship Monk

FEBRUARY 3, 2024

We’d go so far as to say that these loyal fans are your most precious business asset — more valuable, even, than your inventory — and that’s saying something, coming from a 3PL that stores inventory! Of course, what you say is just as important as how you say it. So, how do you nurture this relationship and make the most of it?

eCommerce 81

eCommerce Tips Procurement Solutions Logistics Network Optimization Software 81

Logistics Viewpoints

APRIL 27, 2023

Tips on Budgeting for a WMS Implementation If you’ve made it through the past few challenging years, you already know your technology will be key to remaining competitive. For example, monthly subscription fees, any software support charges, and data migration fees. Below are some tips for presenting your request to your supervisor.

Supply Chain Planning Software 122

Supply Chain Planning Software Modeling Software Logistics Network Optimization Software Supply Chain Software 122

Logistics Bureau

NOVEMBER 6, 2023

Of course, there is no quick and easy way to curb increases in the cost of energy and labour, but now is an excellent time to start thinking about practical ways to reduce energy usage and increase labour productivity and efficiency. There are several possible ways to eliminate this form of energy wastage.

Cost Reduction 107

Cost Reduction Purchasing Skills Waste Reduction Material Savings 107

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. Is new inventory incoming? Clear all paths.

Waste Reduction 52

Waste Reduction Inventory Reduction Cost Reduction Resource Reduction 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. A collaborative relationship can improve your standing with the supplier, setting you up as the “customer of choice” and reducing your exposure to the risk of supply chain disruption or product quality issues. We’re here to help!

Negotiate Pricing 82

Negotiate Pricing Negotiating Skills eCommerce Purchasing Skills 82

Conger

JULY 28, 2022

Get 15 tips for improving warehouse safety. 15 Warehouse Safety Tips. Warehouse safety includes the regulatory guidelines, actions, and best practices that help reduce injuries, provide workers with a safe environment, and reinforce safe behavior. Reduced spending on warehouse safety training programs. Let’s dive in!

Tips 52

Tips Material Savings Training Materials Handling 52

GlobalTranz

MAY 31, 2018

This article will cover some five tips that you can use to write an effective transportation management plan: 1. Only those people who have duly completed the advanced traffic management course or its equivalent should write it. The five tips discussed have highlighted the basic elements that make a transportation management plan.

Tips 65

Tips Transportation Outbound Vendor Strategies 65

Blue Grace Logistics

FEBRUARY 19, 2019

While there are a lot of buzzwords in the logistics industry, it may be surprising to some but “business strategy” is not among them. Successful companies understand that good strategy isn’t about just doing better than the “other guy” but also about not hindering themselves in the process.

Tips 48

Tips Resource Reduction Cost Reduction Expense Reduction 48

Logistics Bureau

JULY 10, 2023

You will still need a hand on the tiller to define logistics strategy, manage the relationship with the 3PL provider , and monitor performance. For example, you can ask your provider to assess your current processes, identify areas for improvement, and implement streamlined solutions to enhance overall efficiency.

3PL 53

3PL Logistics Network Optimization Software Negotiating Skills Inventory Reduction 53

Blue Grace Logistics

JULY 21, 2020

For example, technology helps to maximize efficiency and, in turn, increase profitability. Of course, the first step in this process is often the most daunting. A Global perspective to keep updated on the latest developments and optimize processes across North America. Putting it into Action.

Optimal Sourcing 62

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

Ship Monk

SEPTEMBER 29, 2022

The stakes are high, the challenges are varied, and the volume of inventory—and things to do—can be overwhelming. Specifics can vary by industry, of course, but for the most part this takeaway is a good summation. Common Challenges & Solutions During Peak Season. 1) Supplier Issues. 2) Shipping Costs.

eCommerce 52

eCommerce Purchasing Skills Inventory Reduction Cost Reduction 52

Logistics Bureau

AUGUST 27, 2018

Of course, gamification can only be used in processes requiring human input, since it drives performance by way of motivation. Gamification is not just another term for incentivisation, at least not in the same sense as conventional incentivisation strategies. Inventory counting. Shift management.

Logistics Network Optimization Software 48

Logistics Network Optimization Software Supply Chain Design Software Tips Supply Chain Software 48

Logistics Bureau

MARCH 3, 2019

Some Tips for Multi-Warehouse Network Planning. 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).

Supply Chain Design Software 98

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

Logistics Bureau

DECEMBER 18, 2017

That being said, it’s not always easy to know where to begin, so here are a few tips to help you get a well-structured, methodical, warehouse review/redesign process under way. For example, is an SKU typically ordered by the pallet, carton, split carton, or individual unit? 1) Understand the Design Objectives and Constraints.

Supply Chain Design Software 49

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Modeling Software 49

Logistics Bureau

OCTOBER 1, 2018

However, the real tipping point in the warehouse robotics trend will arrive when technology vendors master the art of true robotic picking, where robots are able to pick orders from conventional racking. The warehouse has no aisles and every centimetre of floor-space is filled to just below ceiling height with inventory.

Supply Chain Planning Software 87

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 87

PINC

MARCH 30, 2020

A distribution channel phenomenon in which inaccurate forecasts quickly turn into supply chain inefficiencies, the “bullwhip effect” refers to increasing swings in inventory in response to shifts in customer demand as one moves further up the supply chain. In many cases, the problem can be traced back to forecasting errors.

Inventory Reduction 52

Inventory Reduction Supply Chain Software Supply Chains Inventory 52

Logistics Bureau

APRIL 19, 2021

It would, of course, be what the winning time was when this race was last run in your district. If, for example, you are concerned about the pick rates in your warehouse, or your transport costs, or your inventory accuracy, benchmarking can help you because it can show you exactly where your performance is compared to others in your industry.

Supply Chains 118

Supply Chains Exercises Picking Cost Reduction 118

EazyStock

MARCH 11, 2019

Accurate inventory is foundational to success. Many of the biggest hurdles to fulfillment center efficiency start with inventory control issues. If you can’t keep an accurate count of inbound, outbound, and in-stock inventory, it’s hard to keep everything else together. Make sure your WMS is meeting your needs. .

Optimization Software 40

Optimization Software Efficiency Supply Chain Software Inventory Reduction 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. Slotting is all about optimising the placement of warehouse SKUs to gain efficiency , increase productivity , and reduce operational costs.

Production 92

Production Inventory Reduction Cost Reduction Resource Reduction 92

Ship Monk

FEBRUARY 16, 2023

While advertising, website user interface, social media, and many other factors may tip the scales when it comes to winning customers, shipping is actually one of the most crucial components that influences customer acquisition. Check out these six tips for reducing 2-Day shipping costs now!

Cost Reduction 52

Cost Reduction Negotiating Skills Inventory Reduction Purchasing Skills 52

Automotive Logistics

OCTOBER 1, 2018

Glasgow to Liverpool, for example, would also connect Edinburgh, Newcastle upon Tyne, Leeds and Manchester. This would add more resilience to the UK’s freight network and cut down on carbon emissions and possibly costs. According to Lloyd, consulting firm McKinsey has estimated these reductions at 25%.

Logistics Network Optimization Software 60

Logistics Network Optimization Software Supply Chain Design Software Inventory Reduction Cost Reduction 60

Ship Monk

AUGUST 8, 2023

But if you make it hard, you’re adding to your customer service issues rather than reducing them. Centralizing this data allows anyone on your customer service team to step in at any time to resolve or escalate the issue, and it cuts down on the number of times your customer has to explain the issue. Customer Service Best Practices 1.

Ordering 52

Ordering Logistics Network Optimization Software Purchasing Skills Material Savings 52

GlobalTranz

MAY 18, 2015

Rather, it’s a specific type of outsourcing related to the operations side of a company in areas like order fulfillment, inventory and warehouse management, or transportation of finished goods. Stonyfield Farm , for example, produces a variety of yogurts from their New Hampshire-based facility. Core values make you who you are.

3PL 93

3PL Logistics Network Optimization Software Outsourcing Cost Reduction 93

WorkWave

JANUARY 16, 2022

Of course, this will vary depending on individual needs. Take inventory of what you need to survive comfortably on a daily basis. For example, your passwords, keys, or schedule may have changed. Part of proper planning with your PSN involves practicing evacuation strategies. Emergency Preparedness Kits.

Modeling Software 52

Modeling Software Resource Reduction Events Scenario Planning 52

Logistics Bureau

MAY 31, 2021

The tips in this article will help you know how to identify the customers, products, and processes that might be inflating your cost to serve (CTS) unnecessarily. Let’s begin with a look at why, in general, retailers with multiple sales channels are more likely to experience difficulties in reducing cost-to-serve.

Cost Reduction 117

Cost Reduction Purchasing Skills Expense Reduction Inventory Reduction 117

Logistics Bureau

MAY 8, 2023

If your company has yet to go through such a process, you’re at risk of missing a golden opportunity to reduce logistics costs and improve service with outsourced freight management. That’s not to say outsourcing will be suitable for every company.

Negotiating Skills 62

Negotiating Skills Cost Reduction Resource Reduction Price Reduction 62

Ship Monk

NOVEMBER 11, 2021

Revisit the basics and get actionable examples with our introductory guide ! #6. However, if you have the budget and the strategy for it, investing in paid ads can get the word out for your business like no other. That was quite the speed round, but we hope you enjoyed our tips! P.S. Hungry for more tips and tricks?

Tips 85

Tips eCommerce Inventory Reduction Expense Reduction 85

IoT World Today

MAY 21, 2020

Supply chain recovery hinges on incorporating robust data analytics and other data-driven tools into business operations to increase efficiency, reduce costs and proactively manage risk. Supply chains will survive COVID-19, of course, but not without interim pain and structural change. No one wants to hold inventory.

Supply Chain Planning Software 145

Supply Chain Planning Software Supply Chain Software Supply Chains Sourcing Strategies 145

Ship Monk

APRIL 28, 2023

In addition to satisfying conscientious consumer demand, eco-friendly efforts can benefit your ecommerce business by reducing waste within your company and improving operational efficiencies. Translation: these ecommerce businesses have operating standards that minimize or reduce negative impact on the planet. We hope you do!

eCommerce 66

eCommerce Waste Reduction How To Material Savings 66

Forto

JANUARY 15, 2020

We tell you how to set this up the right way with seven very useful strategies. Because of the increased sales of course. . Simply let Amazon do the main marketing work by promoting Prime Day for example. 7 Take inventory and identify your cash cows. Experiment with options in inventory. And you know what?

Purchasing Skills 40

Purchasing Skills Logistics Network Optimization Software Price Reduction Procurement Solutions 40

GlobalTranz

FEBRUARY 25, 2015

We encourage our audience to visit The Catavolt Blog for more relevant posts about mobility in manufacturing for best practices, tips, and great industry insights. What is an Example of Internet of Things? Hyperconnectivity is the increasing digital interconnection of people – and things – anytime and anywhere.

Manufacturing Procurement 107

Manufacturing Procurement Optimization Software Logistics Network Optimization Software Supply Chain Planning Software 107

Ship Monk

OCTOBER 24, 2023

The previous tip touched on the importance of customer reviews; allow us to emphasize that point now. ShipMonk, for example, is a 3PL that understands and embraces the need for different options. You can avoid a lengthy checkout by eliminating unnecessary forms, pop ups, and questions. So why limit your ecommerce brand?

eCommerce 64

eCommerce Eliminating Excel in Purchasing Procurement Solutions Buyer Training 64

Conger

JULY 28, 2022

The types of cold storage warehouses (with examples). Tips for working safely in cold storage warehouses. 5 Cold Storage Warehouse Examples. 5 Tips for Working Safely in Cold Storage. Of course, the more of these items that are sold, the greater the need for cold storage. 5 Cold Storage Warehouse Examples.

Temperature 59

Temperature Refrigeration Food and Agriculture Expense Reduction 59

Ship Monk

DECEMBER 1, 2022

For example, say an ecommerce merchant has a 2-Day delivery policy for orders received before 3PM. Whatever your specific policy, as an ecommerce merchant, it’s important to clearly explain your 2-Day specifications and cut offs during check out and in your documentation so customers aren’t caught off guard with delivery expectations.

eCommerce 52

eCommerce Purchasing Skills Eliminating Excel in Purchasing Price Reduction 52

GlobalTranz

NOVEMBER 20, 2015

We feel that if more shippers took a strategic look at shipping versus a tactical one, they will reduce costs, improve customer satisfaction, and remain competitive. 6 Strategic and Proactive Tips to Stay Ahead of Distressed Shipments. 6 Strategic and Proactive Tips to Stay Ahead of Distressed Shipments.

Inventory Reduction 75

Inventory Reduction Material Savings Cost Reduction Transportation 75

Logistics Bureau

DECEMBER 9, 2019

Again, this might include recycling or refurbishing items damaged in storage or transit, or placing undamaged returns back into a sales inventory. With much of the low-hanging fruit already harvested, they are now looking at more complex initiatives to reduce carbon footprint and impact on the environment.

Supply Chain Software 115

Supply Chain Software Logistics Network Optimization Software Supply Chains Trends 115

Turvo

MAY 29, 2020

Analytics point out the opportunities that are ripe for improvement and applied across a real-time collaborative logistics platform , analytics can help companies review order-to-cash process cycles, expectations for demand, review available inventory, and better manage interactions with partners and customers.

Supply Chain Planning Software 53

Supply Chain Planning Software Supply Chain Software Supply Chains Scenario Planning 53