Conger

APRIL 1, 2024

By carefully planning and scheduling maintenance before issues arise, businesses can avoid interruptions and reduce costs associated with emergency repairs and downtime. Continue reading to learn more about this essential strategy to ensure your equipment performs optimally at all times. Let’s dive in!

Material Savings 82

Material Savings Expense Reduction Resource Reduction Cost Reduction 82

Conger

JANUARY 27, 2023

Examples of automation range from a household thermostat to a large industrial control system, self-driven vehicles, and warehousing robots. They have fixed machines that enable their production of large quantities of soft same-unit drinks to meet high demands. Examples are industrial robots and multipurpose CNC machines.

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 58

Supply Chain Planning Software Supply Chain Software Data Supply Chains 58

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

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

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 105

Cost Reduction Waste Reduction Expense Reduction Price Reduction 105

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 78

eCommerce Security Supply Chain Planning Software Supply Chain Design Software 78

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

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

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

Logistics Bureau

OCTOBER 9, 2023

Quality and Detail of Data and its Analysis In some of our earlier posts, we’ve stressed the importance of simplicity in distribution network design , and we will return to that topic later in this article. It would be folly not to take advantage of data availability and accessibility.

Supply Chain Design Software 90

Supply Chain Design Software Supply Chain Design Distribution Networks 90

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

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

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

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 105

Data Supply Chain Planning Software Resource Reduction White Paper 105

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

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

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

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

ShipLilly

JUNE 9, 2021

For example, the lack of pallets has a tremendous effect on the supply chain for many companies. Dealing with ridiculously expensive lumbar. Consumer demand is rising, and pallets are a key ingredient in meeting those demands. Why is lumber currently so expensive? What can you do about the expensive lumber?

Price Reduction 98

Price Reduction Expense Reduction Material Savings Sourcing Strategies 98

SYSPRO Smarter ERP

AUGUST 9, 2022

Digital transformation has quickly become an essential part of any successful business strategy which has also resulted in a skills gap. The manufacturing workforce is expected to acquire the necessary skills to be able to solve problems and meet customer expectations. An evolving workforce. Manufacturing. Business Processes.

Course 105

Course Buyer Training Waste Reduction Expense Reduction 105

Stord

NOVEMBER 30, 2022

Atlanta, GA, November 16, 2022 – Stord , the Cloud Supply Chain leader, today announced Stord Parcel , a carrier-agnostic last-mile delivery solution with advanced modeling to automatically choose the most efficient and cost-effective carrier and service level that meets the expected delivery date for all packages.

Optimization Software 60

Optimization Software Optimization Modeling Optimization Negotiating Skills 60

Trinity Logistics

AUGUST 4, 2020

Chemical manufacturers collect and use a lot of data in their supply chain. They deal with data on their products, customers, transportation, storage, operations and more. Acquiring that data is not hard but managing and utilizing that information to be able to analyze your business is the challenge. Managed Services.

Supply Chain Planning Software 64

Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software Supply Chains 64

Logistics Viewpoints

OCTOBER 23, 2023

We need to cut out as much of the machining as possible.” He said to the head of production design at SpaceX, for example, “you are responsible for the production process. If the design is expensive to produce, you change the design.” Musk smiled. At both Tesla and SpaceX, Musk put the design engineers in charge of production.

Manufacturing Procurement 155

Manufacturing Procurement Production Supply Chain Design Procurement 155

SYSPRO Smarter ERP

NOVEMBER 14, 2022

In many cases this has forced decision-makers to take a step back and reassess the bigger picture and implement changes where necessary to meet the growing need for agility and resilience. For example, ERP software can provide decision-makers with insights into the seasonality of products and customer-buying habits in the current market.

Manufacturing Procurement 116

Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 116

GoShip Blog

JULY 18, 2022

This increase can cut deep into your bottom line and tighten cash flow. For example, Fridays are considered off-peak days for consumer goods because their store managers prefer shipping them on Thursdays. Reduce shipping frequency. Reduce shipping frequency. Reduce freight costs with GoShip.com. Combine shipments.

Optimization Software 52

Optimization Software Cost Reduction Negotiating Skills Purchasing Skills 52

Logistics Business Magazine

DECEMBER 8, 2022

His statements are based not only on numerous conversations with economic experts and scientists, but also on data from Setlog customers who use the SCM tool OSCA. In the fashion and fast-moving consumer goods sectors alone, these are more than 100 brands, including, for example, Marc O’Polo, Jack Wolfskin, KiK and Wenko.

Supply Chain Planning Software 61

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Purchasing Skills 61

Logistics Business Magazine

NOVEMBER 24, 2023

Things are changing in supply chain management: while cost-cutting has been at the top of the agenda for many executives for years, in future they will be increasingly concerned with the shortage of skilled workers, sustainability and resilience. For example, reducing costs in the supply chain used to be at the top of the agenda.

Supply Chain Planning Software 56

Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software Optimization Software 56

Bringg

MARCH 24, 2021

To meet the new demand, companies will have to adjust their operations for greater efficiency, flexibility, and cost reduction. A good example of such a strategic decision could be choosing a warehouse’s location. That being said, it’s also as important to consider competitors’ strategies to respond to demand. .

Optimal Sourcing 62

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

Conger

JULY 30, 2021

Top challenges and the steps for adopting an omnichannel distribution strategy. 4 Steps for Adapting to an Omnichannel Distribution Strategy. To reiterate, an omnichannel strategy will integrate each of these channels. That said, they are different in a key way: How central the customer is to the strategy.

Inventory Reduction 52

Inventory Reduction Distribution Vendor Strategies Waste Reduction 52

EazyStock

AUGUST 29, 2023

Last month, Hurricane Idalia swept through Florida and several other states in the southeast, forcing airports, marine cargo ports, and distribution hubs to cease or reduce operations. Cutwel, a leading UK-based precision engineering cutting tool distributor , faced similar challenges with multiple spreadsheets and unclear lead times.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Optimal Sourcing Supply Chains 52

Logistics Viewpoints

JUNE 10, 2021

As an entrepreneur I’ve been reflecting on this a lot: The current milestone in logistics and fulfillment is using emerging technologies to capture and leverage exponentially growing data sets in warehouses and throughout the entire fulfillment network. Data sets have grown quickly in the cloud paradigm – and they exploded in 2020.

Supply Chain Planning Software 100

Supply Chain Planning Software Modeling Software Optimization Software Logistics Network Optimization Software 100

GlobalTranz

APRIL 25, 2017

Meanwhile, the increasing number of regulations and requirements on shippers has created a paradox between saving money and still meeting all requirements. 3PLs Leverage Technology and Data to Improve Operations. This involves the combination of data capture, analytic and dashboarding tools to make decisions easier.

Supply Chain Software 62

Supply Chain Software Cost Reduction Resource Reduction Vendor Strategies 62

Automotive Logistics

FEBRUARY 8, 2019

For Gilder that means CHEP has to change to meet the needs of its customers. Transformation strategy. To do that CHEP launched its ‘Be a Transformer’ strategy in June 2018 and Gilder says the company has made significant progress. “As The strategy has already had tangible results. ” Dangerous goods. “We

Cost Reduction 28

Cost Reduction Waste Reduction Expense Reduction Inventory Reduction 28

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. This reduces the time needed to search for things.

Waste Reduction 52

Waste Reduction Inventory Reduction Cost Reduction Resource Reduction 52

Logistics Bureau

JANUARY 7, 2020

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. In other words, the majority did not recognise the need for close alignment between supply chain and general business strategies.

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Supply Chain Design Software Supply Chain Design Inventory Reduction Cost Reduction 122