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

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

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

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

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

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

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

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

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

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 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

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

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 51

Collaboration Expense Reduction Cost Reduction Optimal Sourcing 51

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

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 58

Material Savings Waste Reduction Expense Reduction Cost Reduction 58

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 87

3PL Supply Chain Design Software Optimization Software Supply Chain Software 87

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

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

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

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 60

Warehousing Sourcing Strategies Supply Chain Planning Software Resource Reduction 60

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 Bureau

JANUARY 21, 2020

More specifically, though, it has laboured under the expense of transitioning from two-day to one-day shipping as standard for members of its subscription offering, Amazon Prime. Logistics costs have increased substantially for Amazon as it delivers on its promise to cut Prime shipping times in half, while keeping delivery free for shoppers.

Inventory Reduction 62

Inventory Reduction Cost Reduction Expense Reduction eCommerce 62

Stord

APRIL 26, 2022

After 2+ years of out-of-stock messages, low inventory levels, and sky-high costs, brands are exploring a wide range of strategies to resolve these issues and strengthen their inventory throughput in 2022 and beyond. Unfortunately, not all supply chain strategies are created equal. Which of These Strategies is the Most Feasible?

Inventory Reduction 78

Inventory Reduction Vendor Strategies Cost Reduction Expense Reduction 78

GlobalTranz

SEPTEMBER 17, 2018

Supply chain leaders need to understand why logistics fundamentals will continue to shape e-commerce shipping strategy. Minor improvements in the warehouse management system can help fulfill more orders, but the entire process will fail without a focus on the transportation strategy. What’s Wrong With E-Commerce Shipping Practices?

Resource Reduction 74

Resource Reduction Cost Reduction Expense Reduction Inventory Reduction 74

Ship Monk

JUNE 24, 2021

Regardless of how you slice it, a solid order fulfillment strategy is the backbone of your business. #2. Of course, mileage varies depending on your fulfillment partner, but the basic idea is that more manpower results in more opportunities for growth. My Fulfillment Strategy Is Too Complicated for a 3PL. You read that right!

Outsourcing 67

Outsourcing Expense Reduction Inventory Reduction Resource Reduction 67

3PL Links

OCTOBER 19, 2022

Define your returns management strategy: Analyze how effective returns management could help you lower expenses, enhance customer service, and even boost revenue. As said so eloquently by the CEO of a major online art retailer: “Our strategy is to process returns promptly, while striving to keep them to a minimum.”

Reverse logistics 62

Reverse logistics Procurement Solutions 3PL Vendor Strategies 62

Freightos

MARCH 23, 2023

In the debrief department, Sea Intelligence’s Alan Murphy shared data confirming that – of course – surging demand was the trigger for the unprecedented ocean situation. What just happened???

Price Reduction 62

Price Reduction Inventory Reduction Industry Cost Reduction 62

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 39

Supply Chain Software Automation Vendor Strategies Material Savings 39

Logistics Bureau

MARCH 30, 2020

The companies most likely to emerge strongly from the Coronavirus crisis are those that had diversified their operations and implemented multi-sourcing strategies. The reasoning behind this, is that the chances of all plants being disrupted at the same time are significantly reduced. 2) Diversify Your Operations. 4) Create Redundancy.

Supply Chain Design Software 63

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 63

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

Logistics Bureau

JULY 10, 2018

While the development of a wholly demand driven supply chain (DDSC) might not be for every enterprise, there is no doubt that many can benefit from such as strategy. “In a world that’s changing really quickly, the only strategy that is guaranteed to fail is not taking risks.” ” – Mark Zuckerberg.

Supply Chain Planning Software 48

Supply Chain Planning Software Supply Chain Design Software Inventory Reduction Supply Chain Software 48

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

EazyStock

JANUARY 27, 2021

In addition to shorter lead times, lower shipping costs, no tariffs and a typically lower MOQ, domestically-source products usually are higher quality – plus, sourcing domestically can work as an attractive marketing strategy. However, these tend to be less efficient and products are usually more expensive. Looking Ahead to 2021.

Supply Chain Software 96

Supply Chain Software Supply Chain Planning Software Inventory Reduction Supply Chains 96

FreightWaves SONAR

FEBRUARY 16, 2021

Of course, that all depends on seeing the activities that are occurring, benchmarking current carrier operations and continuously improving. Freight intelligence tools help management develop a more unified freight strategy. Knowing how fleets operate day in and day out will help provide a clear picture of efficiencies.

Supply Chain Software 98

Supply Chain Software Trucking Expense Reduction Resource Reduction 98

Bringg

MARCH 24, 2021

To meet the new demand, companies will have to adjust their operations for greater efficiency, flexibility, and cost reduction. That being said, it’s also as important to consider competitors’ strategies to respond to demand. . Real-time communication and data sharing would reduce errors across supply chain handoffs.

Optimal Sourcing 62

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Supply Chain Design Software 62