CLX Logistics

APRIL 22, 2024

Companies that have streamlined their supply chains experience a 15% reduction in supply chain costs, maintain inventory holdings below 50%, and achieve cash-to-cash cycles that are three times faster. [1] Inventory Management Balancing inventory levels is essential to avoid stockouts or excess stock.

Supply Chain Planning Software 82

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Scenario Planning 82

EazyStock

JUNE 23, 2022

All successful businesses use data to develop strategies and review their outcomes. This is especially true in inventory management, where new technologies are being introduced all the time, and along with them, more and more data is being generated. The key for inventory management teams is to know what to do with it!

Inventory Reduction 52

Inventory Reduction Optimal Sourcing Inventory Supply Chain Planning Software 52

SYSPRO Smarter ERP

AUGUST 2, 2023

From stringent quality standards to comprehensive documentation requirements, Class 1 and 2 manufacturers must navigate a complex landscape to ensure compliance and product excellence. The ability to monitor transfers between multiple warehouses provides complete visibility, ensuring efficient inventory management.

Manufacturing Procurement 98

Manufacturing Procurement Procurement Analytics Optimal Sourcing ERP 98

Logistics Business Magazine

JANUARY 24, 2024

Numerous strategies in the logistics sector, such as reverse logistics, process automation, inventory management, and technological innovations, are widely acknowledged and documented. Inputting information once automatically replicates it across all organisational systems, reducing data discrepancies and time-consuming tasks.

Supply Chain Software 65

Supply Chain Software Logistics Network Optimization Software Modeling Software Resource Reduction 65

Dedola Global Logistics

JULY 17, 2023

While the task of transporting goods from one place to another can seem daunting and costly, the right strategy can turn this challenge into a smooth operation that boosts your business performance. A common and effective strategy is to leverage logistics services. Optimized supply chain management is a game-changer for any business.

Freight forwarding 98

Freight forwarding Negotiating Skills Freight Cost Reduction 98

MTS Logistics

JANUARY 29, 2020

Given the current global consumer climate which has seen customers having higher expectations than ever before, supply chains are coming under immense pressure to deliver exceptional services within a reduced timeframe and at a lower cost. Partnerships.

Cost Reduction 68

Cost Reduction Inventory Reduction Trends Logistics Network Optimization Software 68

Turvo

OCTOBER 14, 2021

Let us check out some strategies you can deploy to decrease the driver churn rate for your trucking business. Strategies to reduce driver churn rates in the trucking industry. Automate documentation. The post Five Ways to Reduce Driver Churn Rates in the Trucking Business appeared first on Turvo.

Inventory Reduction 75

Inventory Reduction Cost Reduction Trucking Logistics Network Optimization Software 75

Logistics Viewpoints

MARCH 2, 2023

Freight rates have plummeted, brokerages are struggling, and the industry is still bloated with excess inventory. HBR also cites technology’s ability to cut costs and to make “companies more agile and therefore better able to handle […] uncertainty and rapid change.” Reduced working capital. Faster order-to-cash.

Waste Reduction 119

Waste Reduction Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 119

CLX Logistics

MARCH 4, 2024

Companies that have streamlined their supply chains experience a 15% reduction in supply chain costs, maintain inventory holdings below 50%, and achieve cash-to-cash cycles that are three times faster. [1] Inventory Management Balancing inventory levels is essential to avoid stockouts or excess stock.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Scenario Planning 52

GlobalTranz

FEBRUARY 18, 2022

In this post, we’ll do a deep dive into less-than-truckload (LTL) industry trends to watch for 2022, and highlight actions that shippers should consider to guide their strategy throughout the year. Labor shortages will have a lasting effect, effectively reducing capacity for carriers and terminals. LTL Industry Macro Trends.

Trends 91

Trends Cost Reduction Resource Reduction Inventory Reduction 91

GlobalTranz

DECEMBER 5, 2018

For example, a black swan event may include both the physical damage and ongoing disruption caused by a hurricane and subsequent bottlenecks, so shippers that know how to isolate the causes of poor visibility and areas that are likely to contribute to worsening of black swan events can effectively reduce their chances of coming to fruition.

Price Reduction 67

Price Reduction Resource Reduction Cost Reduction Inventory Reduction 67

Parade

MARCH 3, 2021

Digitize Invoicing to Eliminate Errors and Guard Cash Flow. Invoice remediation is especially burdensome for small freight, “less than truckload” shippers that deal with multiple units of inventory, and thus multiple invoices, per shipment. Simple invoice & document setup (e.g. Key Features: Basic Auditing.

Supply Chain Software 148

Supply Chain Software Supply Chain Planning Software Resource Reduction Cost Reduction 148

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. Clear all paths.

Waste Reduction 52

Waste Reduction Inventory Reduction Cost Reduction Resource Reduction 52

WorkWave

DECEMBER 8, 2023

This function plays a crucial role in the supply chain management process and is an integral part of a company’s overall logistics and operations strategy. Inventory Accuracy and Turnover Accurate inventory management is essential for efficient inbound logistics.

Inbound 52

Inbound Optimal Sourcing Logistics Network Optimization Software Inventory Reduction 52

Logistics Bureau

JULY 18, 2022

As you’ll know, if you follow our blog regularly, Logistics Bureau does a great deal of work related to supply chain strategy development and alignment. As a result, and as we’ve mentioned in several previously published articles, we’ve discovered that many companies lack a defined and documented supply chain strategy.

Inventory Reduction 106

Inventory Reduction Resource Reduction Vendor Strategies Cost Reduction 106

Dedola Global Logistics

AUGUST 24, 2023

While the task of transporting goods from one place to another can seem daunting and costly, the right strategy can turn this challenge into a smooth operation that boosts your business performance. A common and effective strategy is to leverage logistics services. Optimized supply chain management is a game-changer for any business.

Freight forwarding 52

Freight forwarding Negotiating Skills Freight Cost Reduction 52

Dedola Global Logistics

AUGUST 24, 2023

While the task of transporting goods from one place to another can seem daunting and costly, the right strategy can turn this challenge into a smooth operation that boosts your business performance. A common and effective strategy is to leverage logistics services. Optimized supply chain management is a game-changer for any business.

Freight forwarding 52

Freight forwarding Negotiating Skills Freight Cost Reduction 52

GoShip Blog

JUNE 3, 2021

It involves everything from inventory to fulfillment, packaging, and shipment of orders. Streamlining logistics operations allows businesses to cut loose ends that adversely affect profit and customer satisfaction. Outsourcing logistics is becoming widely popular today due to their superior strategies and customized services. .

Outsourcing 59

Outsourcing Cost Reduction Expense Reduction Logistics Network Optimization Software 59

Dedola Global Logistics

MARCH 1, 2024

Freight forwarders manage the complexities of international shipping, including customs clearance and documentation, creating a smoother process. Consolidation Services: Enhancing Efficiency While Cutting Costs Freight forwarders often provide consolidation services, combining smaller shipments from several clients into one larger shipment.

Freight forwarding 52

Freight forwarding Logistics Network Optimization Software Cost Reduction Supply Chain Planning Software 52

3PL Insights

OCTOBER 24, 2017

The information received can be checked for accuracy with the company’s inventory software. This allows for inventory to be viewed in “real time.”. Real time inventory : Lost inventory can become extremely expensive. Human workers can then check tablets or computers to find out if there is any missing product.

Supply Chain Software 112

Supply Chain Software Supply Chain Planning Software Inventory Reduction Expense Reduction 112

Logistics Viewpoints

AUGUST 14, 2023

Nevertheless, the argument that trade compliance is complementary to a company’s overall tax strategy certainly makes sense to many companies. First, even if fines are not applied, goods moving across borders with incorrect documentation can be held up at the border. In many companies, the legal department also rolls up to finance.

Compliance 106

Compliance Supply Chain Design Software Supply Chain Planning Software Sourcing Strategies 106

GlobalTranz

APRIL 25, 2017

The concept of actionable intelligence is about using technology and software to ensure company goals reflect industry strategy and demands. Furthermore, system integration brings disjointed systems together, allowing for better communication, added expenses and reduction of backlogs. Why Work With a 3PL? What About 3PLs Offering TMS?

Supply Chain Software 62

Supply Chain Software Cost Reduction Resource Reduction Vendor Strategies 62

20Cube Logistics

DECEMBER 27, 2020

As soon as an order is placed for an inventory, the next steps involve picking, packing and sending it for delivery. Let’s start with order placement, then the next step is to find and get the inventory from the available stock, quality check, pack it, and arrange for a transport. Understanding and eliminating bottlenecks.

Supply Chain Software 52

Supply Chain Software Supply Chain Planning Software Supply Chains Inventory Reduction 52

Turvo

DECEMBER 9, 2021

Complete Visibility Into Both Stored and In-Transit Inventory. This includes clear insight into inventory, orders, and shipments. With deep visibility into the entire transportation network, overhead is significantly reduced, and the possibility of lost shipments or inventory is substantially minimized.

Supply Chain Planning Software 72

Supply Chain Planning Software Supply Chain Software Optimization Software Logistics Network Optimization Software 72

Parade

MARCH 3, 2021

Digitize Invoicing to Eliminate Errors and Guard Cash Flow. Invoice remediation is especially burdensome for small freight, “less than truckload” shippers that deal with multiple units of inventory, and thus multiple invoices, per shipment. Simple invoice & document setup (e.g. Key Features: Basic Auditing.

Supply Chain Software 78

Supply Chain Software Supply Chain Planning Software Resource Reduction Cost Reduction 78

Parade

MARCH 3, 2021

Digitize Invoicing to Eliminate Errors and Guard Cash Flow. Invoice remediation is especially burdensome for small freight, “less than truckload” shippers that deal with multiple units of inventory, and thus multiple invoices, per shipment. Simple invoice & document setup (e.g. Key Features: Basic Auditing.

Supply Chain Software 78

Supply Chain Software Supply Chain Planning Software Resource Reduction Cost Reduction 78

Logistics at MPEPS at UPV

JUNE 1, 2023

The Silk Road acted as a catalyst for logistics, shaping the concepts of inventory management, transport planning, and risk mitigation. The Hanseatic League introduced concepts such as consignment, just-in-time delivery, and customs documentation. The New (Ab)Normal: Reshaping Business and Supply Chain Strategy Beyond Covid-19.

Events 52

Events Inventory Reduction Supply Chain Planning Software Cost Reduction 52

GoShip Blog

MAY 13, 2022

By using a TMS, retailers gain high supply chain visibility and detect time and cost reduction opportunities. Besides, TMS quickly generates documentation that is compliant with your shipment. Additionally, you can install inventory supervision software to your TMS and manage your stock. Reduced transportation costs.

Supply Chain Planning Software 52

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

WorkWave

MARCH 3, 2022

Whether you’re paying for inventory, utilities, or other costs, it’s important to understand what you’re spending at any given time. Some companies keep expense reports in an online revenue management program, which might also track inventory, orders, and other sales-related figures.

Cost Reduction 52

Cost Reduction Expense Reduction Inventory Reduction Price Reduction 52

Shipping and Freight Resource

FEBRUARY 3, 2021

2020 threw at us a potent concoction of virulent market conditions including a pandemic, skyrocketing freight rates, reduced availability of space and equipment on container ships, unprecedented demand and port congestions along with the usual documentation and visibility issues that we have been facing for years.

Supply Chain Software 89

Supply Chain Software Freight Inventory Reduction Resource Reduction 89

GlobalTranz

APRIL 7, 2017

In addition, you can use an inbound logistics program to reduce higher-cost shipments through freight consolidation and backhaul shipping, opening the door to even lower rates than you have previously negotiated with your carrier. Better Visibility Leads to Effective, More Accurate Inventory Management.

Vendor Strategies 55

Vendor Strategies Inbound Cost Reduction Inventory Reduction 55

GlobalTranz

DECEMBER 12, 2014

Exchanging documents electronically improves transaction speed and visibility while decreasing the amount of money you spend on manual processes. Errors due to illegible faxes, lost orders or incorrectly taken phone orders are eliminated, saving your staff valuable time from handling data disputes with carriers.

Cost Reduction 98

Cost Reduction Waste Reduction Expense Reduction Inventory Reduction 98

Logistics Business Magazine

AUGUST 18, 2021

While doing so, the software automatically documents the movements of the load carriers across different storage locations. Once installed, the Linde Warehouse Navigator can be used for the paperless control, monitoring and documentation of all orders and inventories as well as goods movements in the warehouse.

Optimization Software 69

Optimization Software Optimal Sourcing Procurement Solutions Material Savings 69

GoShip Blog

MARCH 21, 2023

How to Create an Effective Inbound Freight Management Strategy To ensure that your inbound freight systems are seamless and efficient, you will have to pour time and energy into implementing the new processes into your business. There are many benefits to relying on experts for your inbound freight management.

Inbound 52

Inbound Optimization Software Material Savings Optimization 52

GlobalTranz

AUGUST 17, 2017

By working together, you can identify foreseeable problems faster and reduce delays in implementation. As a result, the implementation may be trial-by-fire, but partnering with third-party integrator (3PI), like Veridian Solutions, may be able to reduce this risk. This will eliminate a headache and stress down the line.

Supply Chain Planning Software 56

Supply Chain Planning Software Supply Chain Design Software Vendor Strategies Inventory Reduction 56

CLX Logistics

SEPTEMBER 9, 2022

With setup, guidance, and support from supply chain management experts, these tools can help improve processes, reduce costs, and save time. CLX LaneLogix includes interactive rate benchmarking, service-level benchmarking, procurement event strategy capabilities, negotiation tools, and e-bidding. Demand Forecasting Tools.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Procurement Solutions Optimization Software 52

Shipchain

AUGUST 24, 2018

Blockchain is a technology that stores incorruptible blocks of information; in logistics and supply chain management, it has the potential to eliminate inaccuracies and hold all supply chain entities accountable. The passage of the electronic logging device (ELD) mandate changed standards by adding a level of visibility and accountability.

Cost Reduction 79

Cost Reduction Inventory Reduction Resource Reduction Supply Chain Software 79