The Logistics of Logistics

MAY 8, 2021

Circular supply chains are interconnected systems that use secondary and regenerative inputs to generate value by reducing and extending resource use. Join the Circular Supply Chain Network to be among the first to know when we have live discussions, webinars, new courses, and more! Is circular economy more expensive?

Supply Chain Software 195

Supply Chain Software Supply Chains Waste Reduction Expense Reduction 195

Logistics Bureau

APRIL 3, 2023

If you’re a decision-maker with accountability for your organisation’s entire supply chain, and you’re just starting to think about outsourcing, perhaps to reduce costs or improve service, this post should prove well worth the few minutes it will take you to read it. What Can You Outsource, and What Should You Outsource?

Outsourcing 87

Outsourcing Optimal Sourcing Supply Chain Software Cost Reduction 87

Logistics Problem Solving

AUGUST 4, 2017

What do you do if your logistics strategy is just not working? While there are ways to reverse course after a faulty strategy is deployed, you must first admit it was faulty. Testing is not only a good idea, it is crucial to developing a logistics strategy. This never happens. Sins of Omission.

Expense Reduction 59

Expense Reduction Cost Reduction Price Reduction Strategy 59

Logistics Problem Solving

AUGUST 4, 2017

What do you do if your logistics strategy is just not working? While there are ways to reverse course after a faulty strategy is deployed, you must first admit it was faulty. Testing is not only a good idea, it is crucial to developing a logistics strategy. This never happens. Sins of Omission.

Expense Reduction 48

Expense Reduction Cost Reduction Price Reduction Strategy 48

ShipLilly

APRIL 7, 2021

Then there is the option of booking expensive air freight that can make up for the time that has been lost. Insurance should be a matter of course and businesses should ensure that they are always up to date. The post Risky Strategies Increase the Rate of Container Losses Amid Transit appeared first on ShipLilly.

Cost Reduction 59

Cost Reduction Expense Reduction Inventory Reduction Resource Reduction 59

The Logistics of Logistics

APRIL 24, 2023

Training is a proven tool to improve the performance of employees, but it has under-utilized in logistics because most training programs were expensive, required off-site travel, and wasn’t customized to the needs of logistics people. With Sync Logistics Training companies can: Reduce the burden on management.

Negotiating Skills 342

Negotiating Skills Supply Chain Design Software Logistics Network Optimization Software Buyer Training 342

WorkWave

NOVEMBER 14, 2023

We’re setting out on a journey to understand how to transform your dream into reality, navigating legal documents, and NEMT software, hiring competent drivers, and crafting an effective marketing strategy. It includes buying vehicles (ADA compliant, of course), office space utility bills and insurance costs. Plan wisely.

Expense Reduction 52

Expense Reduction Cost Reduction Price Reduction How To 52

United World Transporation

FEBRUARY 4, 2022

In the trucking business, maximizing profits is all about minimizing expenses. That means you’ll need to come up with a strategy to keep operational costs to a minimum. The most significant expenses are truck insurance, fuel, compliance with regulations, and vehicle maintenance and repair. Find the Right Truck for You.

Expense Reduction 96

Expense Reduction Cost Reduction How To Negotiating Skills 96

TransAudit

DECEMBER 14, 2022

If you’ve filled up your gas tank recently, you’re probably abundantly aware of how expensive fuel is right now. Learning more about fuel costs and shipping will give you a better understanding of what’s going on and equip you with some strategies to help. The more fuel costs, the more expensive it is to ship items. New Routes.

Cost Reduction 73

Cost Reduction Purchasing Skills Price Reduction Expense Reduction 73

WorkWave

NOVEMBER 14, 2023

We’re setting out on a journey to understand how to transform your dream into reality, navigating legal documents, and NEMT software, hiring competent drivers, and crafting an effective marketing strategy. It includes buying vehicles (ADA compliant, of course), office space utility bills and insurance costs. Plan wisely.

Expense Reduction 52

Expense Reduction Cost Reduction Price Reduction How To 52

Conger

JANUARY 17, 2023

Warehouse 5S is a lean management strategy that helps warehouses accomplish a basic objective: making problems visible. The 5S model is named for five Japanese terms that capture its core philosophy — waste reduction and improved efficiency. Some common sorting strategies include: General cleaning of an area.

Waste Reduction 52

Waste Reduction Inventory Reduction Cost Reduction Resource Reduction 52

GlobalTranz

AUGUST 10, 2016

Today, Kelly shares the top 14 Logistics and Supply Chain Management training programs and courses available in 2016. It is important to note the necessity to build strategy of company’s logistics system development and integrate it as a full-fledged component for not less than 10-15 years. University Courses. Short programs.

Supply Chain Planning Software 62

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

FreightWaves SONAR

MARCH 4, 2021

With surges in fuel costs and new fees, taxes and expenses levied on every load, budgeting needs only continue to increase. Cost reduction strategies in supply chain management remain focused on getting loads from point A to point B as fast and as affordable as possible.

Price Reduction 97

Price Reduction Cost Reduction Expense Reduction Waste Reduction 97

Logistics Business Magazine

MARCH 24, 2023

With recent events at Silicon Valley Bank and Credit Suisse rocking international finance systems , the experts at global supply chain risk management solution Resilinc are urging UK businesses to collaborate with suppliers to reduce uncertainty. Some organisations might also consider taking an equity stake in SME suppliers.

Collaboration 55

Collaboration Expense Reduction Cost Reduction Optimal Sourcing 55

WorkWave

SEPTEMBER 6, 2023

B2Bs can simulate potential risks and challenges that may arise in their operations by experimenting with different strategies in a risk-free environment. Companies can identify the best course of action, minimize negative impacts and make more informed decisions.

Expense Reduction 96

Expense Reduction Cost Reduction Resource Reduction Scenario Planning 96

3PL Links

APRIL 23, 2024

inventory management helps the company not lose sales, prevents/reduces waste, and reduces expenses. Artificial intelligence is being used by enterprises in the modern day to establish more efficient delivery strategies. This monitoring can now be done in a new way thanks to artificial intelligence.

Supply Chain Planning Software 48

Supply Chain Planning Software Supply Chain Software Optimal Sourcing Supply Chains 48

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

WorkWave

JUNE 30, 2021

Of course, there are some benefits—as well as challenges—with this model. You’ll lease each mower to a client who can then determine the most convenient times to run it so that they have a freshly cut look every day. Those in states like Florida or California are more likely to mow year-round, effectively eliminating this cost.

Cost Reduction 98

Cost Reduction Expense Reduction Price Reduction Purchasing Skills 98

3PL Links

JANUARY 31, 2023

As a result of only investing in an expensive marketing strategy, you immediately miss the point. You should make every effort to keep storage expenses as low as possible because it costs money to store goods. Track stock Of course, the first thing to consider is whether or not the stock is being monitored.

Inventory Reduction 62

Inventory Reduction Inventory Tips Expense Reduction 62

Ship Monk

MARCH 30, 2024

Never fear; an expert 3PL can eliminate that stress with the right software. So don’t wait, take our short 3PL platform tour now and discover how you can take advantage of more opportunities, reduce errors, make better business decisions, and save time and money! With so many moving parts, it can be easy to get lost or overwhelmed.

3PL 85

3PL Supply Chain Design Software Optimization Software Supply Chain Software 85

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

Now, That's Logistics

FEBRUARY 15, 2022

Indeed, industry analysts advise logistics managers to expect a steady escalation of rates and expenses,” Patrick Burnson writes. Damas goes on to say that ocean freight rates will not normalize until the systemic market disruptions in container shipping, caused by the pandemic, are significantly reduced. The good news?

Cost Reduction 78

Cost Reduction Capacity Trends Expense Reduction 78

FreightWaves SONAR

FEBRUARY 25, 2021

A certain level of fees and freight rating expenses are standard in shipping and transportation. Of course, it all depends on the ability to stay strategic. . This focus is needed to ensure that a load earns a rate that is higher than expenses incurred with managing the process of how they price freight.

Negotiating Skills 92

Negotiating Skills Price Reduction Expense Reduction Data 92

Logistics Business Magazine

OCTOBER 9, 2023

That in turn can assist with the next topic, that of efficient order picking, which of course has its own pathing and routeing issues. AI will be able to improve the choice and operation of picking strategies – and the optimum may differ according to the type of goods, or even the time of day.

Warehousing 64

Warehousing Sourcing Strategies Supply Chain Planning Software Resource Reduction 64

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

GoShip Blog

MAY 11, 2021

Although it is hard to predict customer behavior and demand right now, analyzing your previous sales and operation strategy may help define mistakes and adapt your strategy to prevent those issues in the coming season. Expand relationships with suppliers & carriers.

Inventory Reduction 89

Inventory Reduction Expense Reduction Price Reduction Inventory 89

Logistics Business Magazine

FEBRUARY 7, 2023

From a feasibility point of view however, cold storage is substantially more complicated and more expensive than dry storage because of the regulations around refrigerated freight. It is also advisable to get an independent audit by a consultant or insurer as this will help ensure any fire strategy for your cold storage facility is robust.

Material Savings 63

Material Savings Waste Reduction Expense Reduction Cost Reduction 63

Ottawa Logistics

OCTOBER 12, 2016

It is no secret that many companies are utilizing such strategies as they seek to find new and better ways to “go more green.” Eco-friendly packaging is usually less packaging, and less expensive to create, touts articles like Good Things Come From Green Packages. The 3 R’s (reduce, reuse, recycle) = good karma. It’s a Win-Win.

Material Savings 94

Material Savings Waste Reduction Expense Reduction Packaging 94

Logistics Business Magazine

MARCH 17, 2023

This has become critically important given how issues such as Brexit, the pandemic, war in Ukraine and the weather have each highlighted the role chilled and frozen warehousing has in creating resilience in our food supply chains; not forgetting of course how Covid revealed the centrality of low temperature storage in medicine and pharmacology.

Expense Reduction 67

Expense Reduction Waste Reduction Supply Chain Design Software Temperature 67

3PL Links

SEPTEMBER 29, 2023

Adopt a dynamic layout The best course of action is for businesses to fully understand the structure that is available in their DC and to measure the size of the warehouse based on the inputs and outputs of items in order to arrange the products with the highest turnover in locations that are simple to access.

Tips 48

Tips Distribution Optimal Sourcing Inventory Reduction 48

Logistics Business Magazine

NOVEMBER 27, 2023

This applies across the board, from how their facilities are constructed, to impacts on land use, hydrology and infrastructure requirements, transport movements generated, and of course how the facility itself is equipped and operated. In practice, things are not quite so clear-cut.

Supply Chain Software 40

Supply Chain Software Automation Vendor Strategies Material Savings 40

Ship Monk

FEBRUARY 13, 2024

Was there anything I could have done to reduce the cost? While custom designed packaging can be expensive, it may save you money in the long run, by eliminating the need for an exterior shipping box and packing materials. You’ll have to explore one of the other cost-cutting methods. But it was too late at that point.

eCommerce 88

eCommerce Material Savings Negotiating Skills Cost Reduction 88

Logistics Business Magazine

APRIL 24, 2023

But cold stores are expensive to build and equip, and although the CCF recently estimated that some 16.7 Fewer battery charges or changes obviously improve productivity, but also reduce the space needed for recharging. This is due to its approach to safeguarding electronics and batteries.

Expense Reduction 58

Expense Reduction Waste Reduction Logistics Network Optimization Software Logistics 58

Stord

NOVEMBER 30, 2022

With Stord Parcel , brands can optimize the delivery service level for each package based on customer expectations, historical delivery performance, distance from the origin address to the destination, and, of course, cost. Customers have saved 12-15% on parcel spend, without sacrificing speed or quality.

Optimization Software 60

Optimization Software Optimization Modeling Optimization Negotiating Skills 60

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

FreightWaves SONAR

FEBRUARY 4, 2021

Fortunately, smart data utilization can help reduce deadheading occurrences and make the entire supply chain more profitable. Finding quality loads for moves on trips that would have otherwise remained empty is the best way to reduce deadheading. Of course, carriers want their transportation networks to be as profitable as possible.

Waste Reduction 98

Waste Reduction Data Expense Reduction Cost Reduction 98

Turvo

JUNE 12, 2020

Shrinking profit margins undermine the value of freight brokers, and in a supply chain reality of disruptions that may require potential costly pivots, how can any broker lower their expenses? Of course, these problems all lead to fewer bookings and worse profit margins, but a darker side remains. Inaccurate rating for shipments.

Cost Reduction 53

Cost Reduction Expense Reduction Resource Reduction Supply Chain Planning Software 53