EazyStock

MARCH 14, 2023

The right purchasing and logistics strategies give companies an edge during these unique, uncertain times and, during the return “to normal,” a greater competitive advantage and continued growth. Rapid cost increases, interest rate hikes and reduced demand require more effective inventory management and forecasting attention.

Inventory Reduction 52

Inventory Reduction Price Reduction Cost Reduction Waste Reduction 52

Logistics Viewpoints

APRIL 6, 2023

By working closely with suppliers, organizations can improve the quality and reliability of their in-bound supply chains, reduce costs, and increase their overall efficiency. The costs associated with purchasing these items hit the “operational expenses” components of the company’s financial statements.

Optimal Sourcing 121

Optimal Sourcing Manufacturing Procurement Sourcing Strategies Procurement Analytics 121

Log-hub

MARCH 1, 2023

The mistakes that can pull your supply chain far away from the progress are bad cost management strategy, lack of optimized business processes, neglecting data and KPI’s, poor customer service and no future planning. One of them is a bad cost management strategy. But how to get rid of them?

Cost Reduction 52

Cost Reduction Sourcing Strategies Expense Reduction Supply Chain Design Software 52

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

Blue Grace Logistics

AUGUST 10, 2021

Over the last decade, ever since social media and the IoT became common-place mediums, there has been a change in marketing tools and strategies. A more streamlined communication is provided by omnichannel strategies. In-store visits were drastically reduced during the pandemic.

Expense Reduction 62

Expense Reduction Cost Reduction Strategy Optimization Software 62

3PL Links

MAY 9, 2024

Smart warehousing is a sophisticated inventory management approach that maximizes the transportation, storage, and distribution of goods and materials within the company by utilizing data analytics and state-of-the-art technologies.

Warehousing 48

Warehousing Optimal Sourcing Inventory Reduction Expense Reduction 48

WorkWave

FEBRUARY 16, 2024

As a pest control business owner, you’ll also get tips on managing costs effectively while maintaining service standards, plus smart pricing strategies to keep your bottom line healthy. Calculating it accurately can help you make informed decisions about pricing, cost-cutting measures and growth strategies.

Expense Reduction 52

Expense Reduction Price Reduction Cost Reduction Vendor Strategies 52

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

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

The Logistics of Logistics

AUGUST 24, 2022

Sreeni has a passion for helping customers across industries to realize their digital transformation vision using emerging tools/technologies. Our comprehensive services portfolio for the logistics industry spans Digital Strategy Consulting , Data Analytics & Engineering , Platform Development , and Intelligent Automation.

Logistics Network Optimization Software 282

Logistics Network Optimization Software Supply Chain Software Supply Chain Design Software Optimization Software 282

3PL Links

APRIL 5, 2024

When implemented properly, this strategy improves customer satisfaction, lowers expenses, and strengthens the company’s position in the market. It goes beyond simply being an operational strategy. This is one of the logistics strategies that needs to be reinforced the most going forward.

Supply Chain Planning Software 48

Supply Chain Planning Software Supply Chain Software Optimal Sourcing Sourcing Strategies 48

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

WorkWave

JANUARY 17, 2024

Route optimization software has emerged as a game-changing tool, revolutionizing how these companies optimize routes and streamline operations. Optimized Route Efficiency Route planning software, on average, can reduce travel distance by 10-15%, resulting in significant fuel savings and reducing carbon emissions.

Optimization Software 99

Optimization Software Logistics Network Optimization Software Resource Reduction Optimization 99

Logistics Viewpoints

JANUARY 17, 2023

However, many issues limited the potential of supply chain and procurement practices to source effectively: Lack of visibility to key data such as supplier risk and performance, forward pricing, market index impacts, demand fluctuations, available supply, and supply constraints in the market. Upcoming Recession?

Supply Chain Software 116

Supply Chain Software Optimization Software Optimal Sourcing Logistics Network Optimization Software 116

Log-hub

NOVEMBER 22, 2023

Efficient inventory management, layout organization, and operational strategies are key to meeting customer demands while minimizing costs and maximizing profits. One of the most powerful tools employed in this endeavor is the ABCD Analysis.

Inventory Reduction 40

Inventory Reduction Analysis Material Savings Waste Reduction 40

GoShip Blog

NOVEMBER 28, 2023

For businesses and individuals navigating the complexities of freight shipping, whether LTL shipping or full truckload , grasping the nuances of dimensional weight is essential to managing expenses effectively. Another error is using incorrect or outdated tools for measurement, leading to inaccuracies.

Material Savings 52

Material Savings Cost Reduction Expense Reduction Price Reduction 52

Log-hub

NOVEMBER 22, 2023

Efficient inventory management, layout organization, and operational strategies are key to meeting customer demands while minimizing costs and maximizing profits. One of the most powerful tools employed in this endeavor is the ABCD Analysis.

Inventory Reduction 40

Inventory Reduction Analysis Material Savings Waste Reduction 40

Log-hub

NOVEMBER 22, 2023

Efficient inventory management, layout organization, and operational strategies are key to meeting customer demands while minimizing costs and maximizing profits. One of the most powerful tools employed in this endeavor is the ABCD Analysis.

Inventory Reduction 40

Inventory Reduction Analysis Material Savings Waste Reduction 40

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 Viewpoints

JUNE 8, 2023

We’ll explore a few general solutions offered by leading technology platforms that retailers and logistics providers alike should consider: Carrier Allocation: Optimize cost and reduce risk by expanding partnerships with carriers and delivery service providers, improving capacity and flexibility.

Modeling Software 122

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

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

FEBRUARY 1, 2021

This struggle can finally come to an end through the use of modern analytics and data management. Such applications of freight technology allow carriers to improve their systems across the board, improving profit margins, reducing load times, streamline shipping, and many more benefits.

Data 76

Data Price Reduction Cost Reduction Expense Reduction 76

GoShip Blog

JANUARY 19, 2024

This knowledge is not just about cost-saving; it’s about optimizing logistics strategies in a world where efficiency and timeliness are paramount. Currency fluctuations impact the cost-effectiveness of international shipping routes, affecting overall freight expenses.

Cost Reduction 52

Cost Reduction Expense Reduction Price Reduction Trends 52

Stord

MAY 3, 2018

A quick review of internal processes and distribution strategy can eliminate touch points and wasted movement. But beware of the natural inclination to get lean by reducing inventory as a way to reduce logistics costs. An initial look at your distribution network starts with obtaining accurate data.

Supply Chain Design Software 78

Supply Chain Design Software Supply Chain Planning Software Inventory Reduction Optimization Software 78

Turvo

JANUARY 11, 2022

As stated by Supply Chain 24/7 , TMS systems and related technology and tools are opening up doors of opportunity for shippers and carriers than ever before. 1) Reduced Freight Management Expenses. All jobs require some initial cost and expenses. 2) Tracking Deliveries in Real Time. 5) Increased Supply Chain Efficiency.

Supply Chain Planning Software 62

Supply Chain Planning Software Optimization Software Network Optimization Software Expense Reduction 62

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. And a new suite of products, ranging from artificial intelligence through visualization tools to see lane acuity, are changing the game. last year and $2.19 the year prior. last year and $2.19

Data 97

Data Efficiency Supply Chain Software Logistics Network Optimization Software 97

FreightWaves SONAR

JANUARY 25, 2021

It is a challenge for many shippers and carriers to know where they should put their focus and where the data directs them to go. According to FleetOwner , “ trucking companies must go where the data leads them, not where they think it is going to lead them. Why outdated data hurts carriers in the short- and long-term.

Price Reduction 86

Price Reduction Data Supply Chain Software Supply Chain Planning Software 86

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

The Logistics of Logistics

JUNE 23, 2022

The need for practical and applicable last-mile delivery in retail involves saving money and reducing the expenses associated with this vital yet often overlooked leg of the shipping journey. Another reason for a renewed focus on the final leg of the shipping journey is that the last-mile is the most expensive transportation mode.

Supply Chain Planning Software 150

Supply Chain Planning Software Optimal Sourcing Supply Chain Software Logistics Network Optimization Software 150

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. Quite suddenly, Artificial Intelligence (AI) is everywhere.

Warehousing 59

Warehousing Sourcing Strategies Supply Chain Planning Software Resource Reduction 59

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

GlobalTranz

APRIL 25, 2017

3PLs Leverage Technology and Data to Improve Operations. The concept of actionable intelligence is about using technology and software to ensure company goals reflect industry strategy and demands. This involves the combination of data capture, analytic and dashboarding tools to make decisions easier. Why Work With a 3PL?

Supply Chain Software 62

Supply Chain Software Cost Reduction Resource Reduction Vendor Strategies 62

Talking Logistics

OCTOBER 10, 2017

The industry is moving in an unprecedented direction that is increasingly digitized and more data-centric than ever, and logistics leaders are looking to increase efficiency with artificial intelligence (AI). And at the conference it was clear that the data problem is still huge and everyone needs a better way to solve it.

Conference 68

Conference Supply Chain Planning Software Data Supply Chain Software 68

GoShip Blog

MAY 13, 2022

By using a TMS, retailers gain high supply chain visibility and detect time and cost reduction opportunities. When implementing the TMS to your supply chain strategy, you gain all the advantages of shipment tracking and get advanced control over the transportation flow. Logistics data storage. Reduced transportation costs.

Supply Chain Planning Software 52

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

Logistics Business Magazine

DECEMBER 16, 2021

His analysis is based on conversations and data from Setlog customers who use the SCM tool OSCA, e.g. more than 100 brands in the fashion industry alone. Companies are increasingly considering how to implement circular economy strategies so that fewer products need to be destroyed. ERP silos are eliminated.

Supply Chain Planning Software 51

Supply Chain Planning Software Supply Chain Software Modeling Software Optimization Software 51

Logistics Viewpoints

FEBRUARY 20, 2024

Supply chain network design (SCND) is a powerful tool for improving business operations. Demand is at the Heart of Supply Chain Network Design The first step in the SCND process is translating business rules into a set of data inputs: demand, products, customers, sites, shipment rules, production details, and various constraints.

Supply Chain Design Software 137

Supply Chain Design Software Sourcing Strategies Supply Chain Design Inventory Reduction 137