Morai Logistics

JULY 3, 2019

Of the many ways companies can boost their profitability, simply reducing the costs of their supply chain remains one of the most overlooked. Companies, on average, are spending more than they need to on their supply chains. While there are innumerable ways to go about this, below are 5 of the most important: Strategy.

Cost Reduction 110

Cost Reduction Supply Chain Software Waste Reduction Expense Reduction 110

FreightWaves SONAR

JULY 24, 2023

In most industries, supply chain logistics account for 5% to 50% of a product’s total cost.” Measuring performance with transportation KPIs and freight data is getting easier. Freight management parties can rely on these tips to recognize and respond to transportation budget limits. Think about this.

Cost Reduction 105

Cost Reduction Tips Expense Reduction Supply Chain Planning Software 105

Logistics Business Magazine

JANUARY 10, 2024

Supply chain crises are becoming more frequent in today’s fast-paced business landscape, posing challenges for global firms that demand proactive and strategic solutions. Key Takeaways ● Supply chain crises arise from a combination of factors, such as increased demand, labour shortages, and logistical challenges.

Supply Chain Planning Software 66

Supply Chain Planning Software Supply Chain Software Supply Chains Sourcing Strategies 66

Ship Monk

FEBRUARY 24, 2024

No matter what type of ecommerce store you’re running, ShipMonk wants to help bolster your success with FIVE of the BEST BUDGET-FRIENDLY TIPS to protect your bottom line and enhance your profits. #1 In other words: Whatever inventory system and distribution strategy you go with, you want to order enough but not excess.

eCommerce 88

eCommerce Inventory Reduction Tips Waste Reduction 88

GlobalTranz

NOVEMBER 21, 2017

In a recent study, MIT found that companies that focus on 5 key initiatives to improve their supply chain data can have a big impact on their bottom line. Some supply chain companies are leaning on the power of analytics to help streamline their processes and get ahead of their competitors. Hanesbrand Inc. ,

Supply Chain Software 69

Supply Chain Software Procurement Analytics Supply Chains Data 69

Logistics Viewpoints

NOVEMBER 22, 2022

Note: Today’s post is part of our “ Editor’s Choice ” series where we highlight recent posts published by our sponsors that provide supply chain insights and advice. This article is from Emerge and offers tips for trucking companies to decrease their insurance premiums. Where and How to Find Savings Within Your Company.

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Cost Reduction Expense Reduction Tips Trucking 125

GlobalTranz

OCTOBER 11, 2018

The importance of an omnichannel supply chain strategy cannot be overstated. According to Randy Strang of Supply Chain 24/7, a survey of the most important parts of a shopping experience found customers’ expectations are more than meets the eye. GET YOUR COPY HERE. Download White Paper.

Inventory Reduction 74

Inventory Reduction Price Reduction Cost Reduction Supply Chains 74

FreightWaves SONAR

APRIL 13, 2021

With the proper use of data and freight analytics , contract procurement and securing capacity can be enhanced. The incredible insights that accurate data has to offer combats volatility and unearths a clear understanding of what’s actually happening in the market. Those are the founding principles behind SONAR SCI Lane Acuity.

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Negotiating Skills Optimal Sourcing Sourcing Strategies Data 97

WorkWave

JANUARY 18, 2021

They could also be dealing with: Demands of a growing workforce; More diverse customer needs; Business intelligence requirements; Keeping the supply chain running; New competitors; New compliance responsibility; Keeping the business culture intact. Do you have any quick tips for re-energizing an overworked team?

Sourcing Strategies 98

Sourcing Strategies Inventory Reduction Tips Supply Chain Software 98

Locus

APRIL 3, 2023

An effective logistics solution is critical for optimizing supply chain efficiency, reducing costs, improving customer satisfaction, and supporting sustainability goals. This article will provide easy insight into the world of logistics management—from the key components and challenges to tips on optimizing it for your business.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Planning Software Optimization Software Supply Chain Software 52

Blue Grace Logistics

JANUARY 23, 2024

Businesses must take these factors into account to ensure the continued efficiency and cost-effectiveness of their supply chains. This data can make the critical difference in successfully rerouting a truck to ensure on-time delivery. Is Your Supply Chain Ready For Weather Disruptions? View Freight Shipping Tips

Freight 108

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FreightWaves SONAR

FEBRUARY 11, 2021

However, enterprise shippers can make a comeback by implementing smart truckload shipping strategies by retooling and putting freight forecasting power to work. And these additional five shipping strategies can help enterprise shippers maximize recovery and boost profits.

Sourcing Strategies 98

Sourcing Strategies Cost Reduction Supply Chain Planning Software Optimization Software 98

FreightWaves SONAR

FEBRUARY 2, 2021

Freight carrier leaders should turn to these seven practical tips to combine freight analytics with operational excellence improvements. Apply big data through advanced analytics to understand current load rates, including predictive modeling of future rates. All of this is attainable with proper asset and data utilization. .

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Tips Waste Reduction Cost Reduction Operations 98

3PL Links

JANUARY 31, 2023

7 Best Tips for Inventory Management To Avoid Losses | Image source: AR Racking Inventory management is likely the most crucial success component if you sell products through an online store. As a result of only investing in an expensive marketing strategy, you immediately miss the point. In a nutshell, a situation to avoid.

Inventory Reduction 62

Inventory Reduction Inventory Tips Expense Reduction 62

FreightWaves SONAR

DECEMBER 8, 2020

According to Supply Chain Game Changer , “On-time delivery may seem like a basic expectation. Therefore, enterprises need to know how to apply transportation data to increase on-time shipping performance. . Aggregate data from beyond the four walls of your business. Get your team on board with new strategies.

Data 82

Data Resource Reduction Cost Reduction How To 82

GlobalTranz

DECEMBER 30, 2021

2021 will be remembered as an unprecedented year of supply chain disruption and market volatility creating a host of challenges for shippers and carriers alike. New Survey Highlights Confidence in Supply Chain Operations Despite Challenges. 7 Tips For Building Supply Chain Resiliency.

Blog 95

Blog Cost Reduction Resource Reduction Supply Chain Planning Software 95

GlobalTranz

SEPTEMBER 14, 2018

Omnichannel supply chains are increasing in complexity and prevalence for good reason. As 2018 progresses, Warehouse Managers need to understand the risk of not going omnichannel, why demand is increasing, and a few tips to meet such demands. Use of automated technologies for omnichannel supply chains.

Price Reduction 48

Price Reduction Cost Reduction Inventory Reduction Supply Chain Software 48

Shipping and Freight Resource

JUNE 29, 2020

Shipping damage is a massive threat to any products that travel on the supply chain. With the right packaging, strategy, and tools, you can cut shipping costs by as much as 60%. Start with shock testing to gather data about your normal shipping routes. Choose Packaging and Pallets Carefully. Use Damage Indicators.

Material Savings 116

Material Savings Cost Reduction Expense Reduction Resource Reduction 116

Logistics Bureau

NOVEMBER 8, 2021

Well, not just for benchmarking, but also for maximum visibility of your supply chain and logistics performance. If yours is not one of those businesses, and you’re confident in your KPI suite and the relevance of the data it provides, congratulations! How hard can that be?” I hear you ask. You’re in a good place.

Supply Chain Software 81

Supply Chain Software Supply Chains Scenario Planning Cost Reduction 81

FreightWaves SONAR

MAY 14, 2024

Aggressive pricing/cost savings strategies have contributed significantly to creating a sustained volatility in the domestic transportation market. The main difference is that if transportation fails, then the entire supply chain falls apart. Carrier networks tend to be relatively congruent with national trends.

Price Reduction 52

Price Reduction Material Savings Cost Reduction Sourcing Strategies 52

FreightWaves SONAR

DECEMBER 22, 2020

A confident, data-driven trucking RFP undertaking can make a big difference in freight spend. According to Matt Leonard of Supply Chain Dive : “Demand for trucking freight is being driven by strong consumer spending and a manufacturing industry that’s seen growth for five straight months. Or simply click the button below.

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Optimization Software Optimization Tips Price Reduction 105

Turvo

JUNE 3, 2020

Global supply chain risk management continues to evolve and embodies a consideration of possibilities and outcomes by supply chain executives totaling in the millions. Digitization—when applied to connect assets and share data—adds value, but digitization for the sake of digitization does little to streamline operations.

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Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Software Collaboration 54

FreightWaves SONAR

JANUARY 25, 2021

This must always remain the focus of the entire supply chain. 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.

Price Reduction 86

Price Reduction Data Supply Chain Software Supply Chain Planning Software 86

Blue Grace Logistics

MAY 10, 2021

To a large extent, Supply Chain and uncertainty go hand in hand. Driver delays, transportation failure, strikes, hike in fuel prices, carrier capacity shortage, vendor hold-ups, thefts, and fires at warehouses are all common issues in the supply chain ecosystem.

Supply Chain Planning Software 62

Supply Chain Planning Software Supply Chain Software Supply Chains Scenario Planning 62

Material Handling and Logistics

SEPTEMBER 27, 2018

Kuebix offers 6 tips to fine-tune transportation strategies for the holidays: 1. Since the integration is two-way, shipment data is populated back into the ERP system for record-keeping and to provide stakeholders with complete visibility. Give customers visibility to their orders. Printer-friendly version.

Supply Chain Software 161

Supply Chain Software Optimization Software Purchasing Skills Negotiating Skills 161

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. With the right strategies in purchasing, logistics and supply chain, you can navigate through a recession and come out as a winner.

Inventory Reduction 52

Inventory Reduction Price Reduction Cost Reduction Waste Reduction 52

Blue Grace Logistics

NOVEMBER 24, 2020

Supply chain disruptions are just a part of doing business. Anyone of these disruptions can cause a slow down in your supply chain and any combination of them can bring it to a screeching halt. companies reported supply chain disruptions due to coronavirus-related issues. Nearly 75% of U.S.

Supply Chain Planning Software 62

Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software Supply Chains 62

GlobalTranz

OCTOBER 2, 2018

In order to manage e-commerce logistics and maintain cost efficiency, shippers need to know the challenges in managing e-commerce logistics, how a TMS can help, and a few tips to streamline the process. Top Tips to Manage E-Commerce Logistics E-commerce logistics make up some of the most complex logistics operations on the planet.

Tips 79

Tips Material Savings Cost Reduction Vendor Strategies 79

Ship Monk

APRIL 5, 2024

The process involves collecting quantitative and qualitative data concerning vendor-provided goods and services, and analyzing this data for opportunities to improve (or reasons to end) the relationship. Of course, it wouldn’t be a business strategy if there weren’t a couple more acronyms to learn. If so, good on you!

Negotiate Pricing 82

Negotiate Pricing Negotiating Skills eCommerce Purchasing Skills 82

247 Customs Broker

NOVEMBER 30, 2018

Omnichannel Supply Chains. Omnichannel supply chains are increasing in complexity and prevalence and for a very good reason. As 2018 progresses , Warehouse Managers need to understand the risk of not going omnichannel, why demand is increasing, and a few tips to meet such demands. September 27, 2018 ·.

Price Reduction 28

Price Reduction Cost Reduction Inventory Reduction Supply Chain Design Software 28

GlobalTranz

SEPTEMBER 12, 2018

Brick-and-mortar stores that understand the invaluable role of e-commerce in relation to omnichannel supply chain success can help retailers avoid the retail apocalypse. To achieve lasting success, shippers need to understand how e-commerce shipping strategies are quintessential steps in this process. GET YOUR COPY HERE.

Cost Reduction 73

Cost Reduction Resource Reduction Price Reduction Strategy 73

GlobalTranz

JULY 7, 2015

Recovering your assets is a difficult task no matter what your occupation with reverse supply chains in the marketplace. Effective Reverse Supply Chains. With creating the product being only a small portion of the business, many businesses invest time into making methods for an effective supply chain.

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Supply Chain Planning Software Supply Chain Software Supply Chains Waste Reduction 97

AIMMS

JULY 13, 2020

Integrated Business Planning (IBP), as defined by its creators at Oliver Wight , is “the business planning process that extends the principles of S&OP throughout the end-to-end supply chain, product, service and customer portfolios, customer demand and strategic planning, to deliver one seamless management process.”

Scenario Planning 160

Scenario Planning Supply Chain Planning Software Resource Reduction Sourcing Strategies 160

GlobalTranz

DECEMBER 27, 2017

Today, is day two of our annual year-end series highlighting the top blog posts in each of our 5 main categories: Manufacturing , Supply Chain , Logistics , Transportation Management , Freight. The Top 10 Supply Chain Blog Posts from 2017. What are the specific technologies to understand in the digital supply chain.

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Supply Chain Software Blog Supply Chains Optimal Sourcing 60

GlobalTranz

NOVEMBER 17, 2021

The long and unpredictable peak shipping season continues to challenge supply chains. A 2021 Peak Shipping Season survey conducted by Edelman Intelligence found hiring to be a strong concern among supply chain decision makers with 90% having a strong need to increase hiring to account for peak season and beyond.

Cost Reduction 93

Cost Reduction Supply Chain Planning Software Supply Chain Software Inventory Reduction 93

GoShip Blog

MAY 20, 2022

Frequently, an inconvenient supply chain leads to the loss of customers due to late deliveries, order misplacement, or damaging products during transportation. Reorganizing your logistics strategy and cooperating with reliable carriers are a solution. Improve your shipping strategy. How to increase online sales?

Material Savings 52

Material Savings Logistics Network Optimization Software Vendor Strategies Optimization Software 52

3PL Links

APRIL 16, 2024

Read also: Top 10 Practical Supply Chain Management Tips for Businesses The Importance of Robotic Automation for Your Warehouse Robotic automation is the process of substituting manual labor with a set of robots and software that can reduce prolonged and repetitive work while saving time, minimizing errors, and increasing supply chain productivity.

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Supply Chain Planning Software Supply Chain Software Supply Chain Design Software Optimization Software 48