Conger

JANUARY 27, 2023

Examples of automation range from a household thermostat to a large industrial control system, self-driven vehicles, and warehousing robots. Examples are industrial robots and multipurpose CNC machines. Process Automation Process automation means using technology to automate manual processes through data and systems integration.

Supply Chain Software 52

Supply Chain Software Examples Supply Chain Design Software Supply Chain Planning Software 52

Logistics Business Magazine

FEBRUARY 11, 2024

It can equip teams with better, more comprehensive data that can be used to make meaningful business decisions to maximise flexibility and opportunities for growth. Strategic stock management One of the crucial areas in which businesses can leverage data to enhance flexibility is stock management.

Supply Chain Planning Software 63

Supply Chain Planning Software Supply Chain Software Data Supply Chains 63

Compactor Management Company

JULY 19, 2023

Are you thinking about or currently implementing the 3R principle of waste management: reduce, reuse, recycle , there’s news for you. The new, simple, yet effective waste management mantra is the 5R principle: “refuse, reduce, reuse, repurpose, and recycle”. Reduce The second stage is to cut back on waste.

Waste Reduction 40

Waste Reduction Material Savings Resource Reduction Expense Reduction 40

Shipping and Freight Resource

JUNE 29, 2020

The more your products get damaged in shipping, the more money your company loses and the effects of that loss can spread throughout your organization, causing both direct and indirect expenses and affecting sales. But if you can reduce cargo and shipping damage , you can cut shipping costs. Make Labels Clear.

Material Savings 116

Material Savings Cost Reduction Expense Reduction Resource Reduction 116

LandLink

MARCH 11, 2020

This strategy ultimately led to unprofitable operation ratios, subpar delivery performance and ultimately the bankruptcy of some major carriers. Interestingly New Century transport, which was founded by Jevic‘s founder, adopted a similar strategy ending in the exact same fate. The ability to double stack pallets is a prime example.

Price Reduction 62

Price Reduction Expense Reduction Inventory Reduction Strategy 62

GoShip Blog

NOVEMBER 15, 2023

Now, scale that up to the world of freight shipping, where a small data slip can mean big money lost. In the freight shipping industry, the accuracy of freight data is more than just a detail. Every day, countless shipments crisscross the nation, each with its data points: weight, dimensions, type, and destination.

Cost Reduction 52

Cost Reduction Supply Chain Planning Software Sourcing Strategies Data 52

Penske Move Ahead

FEBRUARY 3, 2023

By aggregating and analyzing information coming from the vehicles, Penske can improve its maintenance offerings to speed service, reduce driver frustration and, if possible, get ahead of breakdowns. When a driver needs an over-the-road repair, telematics data helps direct maintenance technicians to the right location.

Cost Reduction 47

Cost Reduction Expense Reduction Data Scenario Planning 47

Ship Monk

JANUARY 31, 2024

For example, our advanced 3PL platform looks after every aspect of your supply chain in an efficient, effective way and our Virtual Carrier Network safeguards your shipping by always applying the best rates and speeds while not handcuffing you to any carrier. Of course we’re talking about your ecommerce store’s data security.

eCommerce 77

eCommerce Security Supply Chain Planning Software Supply Chain Design Software 77

FreightWaves SONAR

JANUARY 5, 2021

Although many carriers have worked diligently towards reducing operational costs and increasing profit margins, there is still work to do for the top for-hire truckload freight carriers to improve. Let’s look at seven ways that freight technology and data achieves that goal. Freight data reduces dwell time and load time.

Cost Reduction 106

Cost Reduction Waste Reduction Expense Reduction Price Reduction 106

Conger

MARCH 22, 2024

In this article, we explore how these AGVs are changing the warehouse industry by minimizing human error, reducing labor costs, and setting new standards for productivity and safety. By taking over repetitive tasks from humans, AGVs cut down on workplace injuries caused by overexertion or human error. Let’s dive in!

Materials Handling 79

Materials Handling Material Savings Supply Chain Software Cost Reduction 79

Logistics Viewpoints

NOVEMBER 22, 2022

Trucking companies need to manage many layers of safety and compliance, and while insurance is just one of them, it’s also among the most important and expensive. So, in an era of escalating costs, carriers need to always be on the lookout for ways to cut costs while maintaining proper and sufficient coverage.

Cost Reduction 125

Cost Reduction Expense Reduction Tips Trucking 125

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. It is much better to look before you leap and test against historical data before you deploy. When Standardized Data is not Standardized Data.

Expense Reduction 59

Expense Reduction Cost Reduction Price Reduction Strategy 59

Logistics Viewpoints

JANUARY 21, 2021

Machine learning (ML) techniques can be applied to provide more accurate transit information and estimated arrival times (ETAs) by analyzing the historical shipment data in your transportation management systems. Increased lead time accuracy reduces risks involved in transportation and logistics, improving your overall supply chain.

Inventory Reduction 207

Inventory Reduction Supply Chain Planning Software Cost Reduction Resource Reduction 207

Conger

MARCH 22, 2024

In this article, we explore how these AGVs are changing the warehouse industry by minimizing human error, reducing labor costs, and setting new standards for productivity and safety. By taking over repetitive tasks from humans, AGVs cut down on workplace injuries caused by overexertion or human error. Let’s dive in!

Materials Handling 75

Materials Handling Material Savings Supply Chain Software Cost Reduction 75

Conger

DECEMBER 13, 2022

If you're looking for ways to reduce lead times, you’re in the right place. Because in this post, you’ll find 11 effective strategies for doing just that. Identify and Eliminate Bottlenecks. The closer the supplier is to your warehouse or manufacturing plant or location , the easier it is to reduce lead times.

Manufacturing Procurement 52

Manufacturing Procurement Inventory Reduction Vendor Strategies Waste Reduction 52

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

Trinity Logistics

SEPTEMBER 16, 2021

With costs rising recently, it’s easy to see why the challenge for many companies has been to reduce their transportation costs. Before we jump into how to reduce your transportation costs, it’s essential to understand what factors are causing them to rise. STEPS TO REDUCE TRANSPORTATION COSTS. CUT YOUR MANUAL PROCESSES.

Cost Reduction 74

Cost Reduction Expense Reduction Price Reduction Vendor Strategies 74

FreightWaves SONAR

JULY 24, 2023

The costs of logistics as a ratio of total expenses are too significant to ignore. For example, according to Global Trade Magazine , “One critical factor that executives should monitor closely is logistics management. Measuring performance with transportation KPIs and freight data is getting easier. Think about this.

Cost Reduction 106

Cost Reduction Tips Expense Reduction Supply Chain Planning Software 106

FreightWaves SONAR

JANUARY 7, 2021

Through data-driven transportation management , carriers can finally become more strategic and tactical, thriving through good and bad times. Achieving that goal hangs on a carrier’s ability to capture meaningful data. Autonomous processes are only as valuable as the data that powers algorithms and decision-making.

Supply Chain Software 98

Supply Chain Software Supply Chain Design Software Supply Chain Design Automation 98

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. It is much better to look before you leap and test against historical data before you deploy. When Standardized Data is not Standardized Data.

Expense Reduction 48

Expense Reduction Cost Reduction Price Reduction Strategy 48

Trinity Logistics

AUGUST 31, 2022

A TMS is an excellent investment and according to Logistics Management Magazine, has been shown to reduce transportation costs by up to 30 percent. All the data a TMS provides can be overwhelming and the possibilities of what you could analyze are endless. Ultimately, sifting through that data can be complex and time-consuming.

Cost Reduction 79

Cost Reduction Negotiating Skills Expense Reduction Logistics Network Optimization Software 79

Blue Grace Logistics

MARCH 17, 2022

Fuel costs are the second highest expense to a trucking company and are on the rise. How high diesel prices may change future freight procurement strategies. It’ll never be a fixed operating expense for carriers and shippers will always be exposed to moving fuel surcharge schedules. Reduce Deadhead (DHD) Miles.

Cost Reduction 62

Cost Reduction Price Reduction Expense Reduction Waste Reduction 62

Ship Monk

FEBRUARY 9, 2024

The process usually includes analyzing historical data for seasonal trends and product performance, as well as gathering current data on competitors, marketplace trends, future marketing plans and promotions. All of them rely on data, whether you’re using historical data or new findings gathered from consumer research.

eCommerce 85

eCommerce Inventory Reduction Operations Modeling Software 85

Logistics at MPEPS at UPV

MARCH 1, 2022

(According to one of Square’s writers, ‘an omnichannel strategy is a method that helps you create a seamless experience for customers across all the channels through which you sell’, and it connects your online and offline channels in a way that makes shopping or ordering easier for every customer.

Supply Chain Software 40

Supply Chain Software Examples Supply Chains Expense Reduction 40

FreightWaves SONAR

MARCH 16, 2021

Data analytics for logistics can make all the difference in the world when it comes to reefer truckload service delivery efficiency. However, the data [that powers them] hasn’t previously been utilized to its full capacity until recently.” Take the example of RCRPMF.USA in the image. last year and $2.19 the year prior.

Data 97

Data Efficiency Supply Chain Software Logistics Network Optimization Software 97

FreightWaves SONAR

JANUARY 13, 2023

Leaders across the logistics industry have been making data-informed decisions for decades. Not all data is created equal, however, and many of the tools and processes that provided “cutting-edge” advantages several years ago have fallen behind the curve. . There is an innate lag in legacy data. port activity. .

Negotiating Skills 52

Negotiating Skills Data Freight Price Reduction 52

GlobalTranz

APRIL 13, 2017

Fortunately, today’s logistics technology has the power to execute a winning inbound freight strategy and maintain compliance in the following ways. Using Logistics Technology to Execute a Winning Inbound Freight Strategy & Have Compliant Vendors.

Vendor Strategies 49

Vendor Strategies Cost Reduction Expense Reduction Material Savings 49

Ship Monk

FEBRUARY 16, 2023

Meanwhile, if you pass the total buck (literally and figuratively) on to your customers and have them float the expense, you could also lose business because they aren’t happy paying more. Check out these six tips for reducing 2-Day shipping costs now! The answer: it is, and ShipMonk is here to show you how.

Cost Reduction 52

Cost Reduction Negotiating Skills Inventory Reduction Purchasing Skills 52

Freightos

APRIL 27, 2023

In this article, Eytan Buchman, Freightos’ CMO, discusses the importance of data and context in global freight and logistics. The future of global freight data lies in real-time information, contextual insights, and aggregated data that can help companies make better decisions and adapt to a rapidly changing industry.

Data 62

Data Freight Optimal Sourcing Supply Chain Software 62

GlobalTranz

FEBRUARY 17, 2016

This is the second part of my series on various ways to reduce overall costs as it relates to logistics and warehouse cost reductions. In the first part I put forth 6 areas of focus in order to reduce logistics costs. Today, I will now address how a focus on inventory will allow for warehouse cost reductions as well.

Inventory Reduction 65

Inventory Reduction Cost Reduction Waste Reduction Vendor Strategies 65

FourKites

DECEMBER 23, 2020

One additional area of focus is risk management, which, if left unchecked, can cause unexpected expenses to skyrocket within the other three budget areas. When creating a strategy for improving the productivity of your supply chain, you should analyze your costs within the following four areas: Staff time. Transportation spend.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Inventory Reduction Waste Reduction 52

FreightWaves SONAR

NOVEMBER 24, 2020

Supply chain intelligence and actionable insights must apply the most accessible, near real-time data available. Analytic data resources for brokers are great, but it’s equally important to realize that FreightWaves SONAR is much more than a broker-exclusive resource. Email and fax don’t cut it.

Data 106

Data Supply Chain Planning Software Resource Reduction White Paper 106

EazyStock

JUNE 21, 2022

Many more traditional supply chain strategies originated in a steadier business environment. Predictable business cycles and stable demand allowed supply chain professionals to focus less on solving challenges and more on cost reductions. There could be multiple reasons for this reluctance to move data over to the cloud.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Optimization Software Modeling Software 52

Logistics Business Magazine

OCTOBER 9, 2023

Edward Napier-Fenning, Sales & Marketing Director of leading supply chain software company Balloon , explores five key areas that can boost performance – including route planning, picking, labour management reporting and data entry. A minor example is some work we recently did for Birlea.

Warehousing 62

Warehousing Sourcing Strategies Supply Chain Planning Software Resource Reduction 62

Logistics at MPEPS at UPV

MAY 17, 2023

By integrating AI-driven logistics solutions , Coca-Cola has transformed its supply chain management, enhancing visibility, reducing costs, and improving overall efficiency. Enhanced Demand Forecasting and Route Planning Coca-Cola utilizes AI technologies to analyze vast amounts of data , generating highly accurate demand forecasts.

Supply Chain Planning Software 52

Supply Chain Planning Software Optimization Software Supply Chain Software Optimization 52

The Logistics of Logistics

JULY 22, 2022

He is working with Microsoft, Accenture, and other partners to deliver a multi-tenant supply chain model that leverages data, the cloud, and shared pay-for-use robotics facilities, to allow consumer goods to reach customers next or same-day at the cost of standard delivery.

Modeling Software 313

Modeling Software Material Savings Supply Chain Software Supply Chains 313

Logistics Viewpoints

DECEMBER 12, 2023

Companies annually spend about $325 billion on warehousing — and 85% of that cost goes to operating expenses that include labor, space and equipment. A WES autonomously gathers real-time signals from across the warehouse, then applies artificial intelligence (AI), machine learning (ML), and data science to create plans and solve problems.

Supply Chain Planning Software 168

Supply Chain Planning Software Supply Chain Design Software Optimization Software Resource Reduction 168