Logistics Viewpoints

MAY 22, 2023

Moreover, this exercise might need to be repeated several times depending on how the war proceeds. For example, we can have “Texas Small Volume” customers and “Florida Peak Season” customers, or “East Coast High Margin” customers and “Carolinas High Priority” customers. Their time frame was short and resources limited.

Supply Chain Design Software 107

Supply Chain Design Software Supply Chain Design Supply Chain Software Modeling Software 107

Logistics Business Magazine

NOVEMBER 24, 2022

Building resilience into their operations, either through new business strategies or new digital capabilities, is now a key priority for all shippers, carriers and logistics service providers. One example is multi-shoring. However, this will go a step further in 2023. Collaboration takes centre stage.

Trends 73

Trends Sourcing Strategies Transportation Cost Reduction 73

The Logistics of Logistics

FEBRUARY 1, 2019

It’s the idea that you have strategies that have been with you since you were very young, that you use to navigate your life. * The strategies there to help us meet the three basic needs of independence, acceptance, and security by asserting, earning, or avoiding. [06:19] There are exercises you can do to work on them. [29:12]

Waste Reduction 150

Waste Reduction After-sales Exercises Security 150

Logistics Bureau

DECEMBER 19, 2022

Slotting a warehouse product is the same, for example, as placing your umbrella close to your front door at home, so it’s easy to pick it up and run when it’s raining, and you’re late for work. Therefore, any slotting strategy should focus on minimising such travel. However, sometimes different approaches are necessary.

Production 92

Production Inventory Reduction Cost Reduction Resource Reduction 92

Logistics Viewpoints

APRIL 18, 2022

In 2018 it was reported , for example, than an iPhone is assembled by workers at Foxconn’s factory in the Chinese city of Zhengzhou; and made of raw materials and components sourced from 43 nations. This Shamoon virus that attacked Saudi Aramco in 2018 was an example of this. All the PCs had to be destroyed and new ones deployed.

Supply Chain Planning Software 158

Supply Chain Planning Software Supply Chain Software Supply Chains Scenario Planning 158

WorkWave

SEPTEMBER 21, 2021

From engaging with potential clients face to face to providing a tangible example of your product, learning how to sell door to door is a great skill to hone. . One effective strategy is to paint a vivid picture of solving a problem. Assume Potential Client’s Problems – and Solve Them.

Resource Reduction 40

Resource Reduction Material Savings Cost Reduction Buyer Training 40

Talking Logistics

SEPTEMBER 4, 2018

For Management: a balancing strategy, etc…. It is about keeping all (well most) of the stakeholders of the supply chain content and taking into consideration the supply chain strategy of the organization. Example A: Fashion Retailer – Business Strategy is short life cycle products. Sales Strategy. Faster turn over.

Inventory Reduction 70

Inventory Reduction Inventory Logistics Network Optimization Software Cost Reduction 70

Material Handling and Logistics

DECEMBER 14, 2018

Learn how to organize your data operations in alignment with supply chain strategy. The techniques require different degrees of sophistication, but even the relatively simple exercise of putting data from different sources in the same space and producing a visual representation can suggest strategies for transformation.

Supply Chain Software 166

Supply Chain Software Optimal Sourcing Supply Chains Sourcing Strategies 166

Airfreight Logistics

NOVEMBER 1, 2020

This shipment is a great example of collaboration between carriers, ground handling agent, freight forwarder, container manufacturers, airport and customs authorities. Understanding the supply chain constraints now is primarily important as there is still time to fix any discrepancies we might have before COVID-19 vaccine regular shipments.

Scenario Planning 69

Scenario Planning Cargo Exercises Collaboration 69

Logistics Business Magazine

MAY 5, 2020

With current events in mind, managing future supply chain disruptions will be an integral component of corporate strategy. Creating supply chain resilience is a holistic exercise that involves more than just a few savvy logistics people. How then to build a strategy? Unpredictable is not a reason to be unprepared.

Supply Chain Planning Software 48

Supply Chain Planning Software Supply Chain Software Supply Chains Sourcing Strategies 48

Logistics Business Magazine

AUGUST 23, 2022

It is no longer enough to ‘green wash’ your company’s environmental performance or treat issues such as diversity and inclusion in the workplace as another ‘box ticking exercise’. IMHX 2022 group director, Rob Fisher, comments: “In business,?sustainability?refers sustainability?refers

Groups 70

Groups Supply Chain Planning Software Supply Chain Software Modeling Software 70

Logistics Viewpoints

SEPTEMBER 28, 2021

Until we have this kind of pervasive visibility, inventory management will continue to be largely an exercise in futility. Matt has led high-impact teams that implemented logistics strategies and systems at P&G, Nestle, Kraft, Anheuser-Busch Inbev, Tyco, Argos and Nokia across North America, Western Europe and Latin America.

Supply Chain Planning Software 113

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 113

Logistics Bureau

SEPTEMBER 4, 2023

We’ll begin with a look at pricing strategy. Do You Lack Confidence in Your Pricing Strategies? If not, your pricing strategies could inadvertently limit your profit margins , either by throttling revenue or gifting sales to your competitors. Are You Missing Opportunities in Pricing Strategy?

Negotiating Skills 89

Negotiating Skills Purchasing Skills Cost Reduction Analysis 89

Shipping and Freight Resource

JUNE 29, 2020

With the right packaging, strategy, and tools, you can cut shipping costs by as much as 60%. You can also test different packaging materials and strategies, and get quantifiable data about how much better, or worse, different routes, shipping methods, and packaging are for the contents of your boxes and pallets.

Material Savings 116

Material Savings Cost Reduction Expense Reduction Resource Reduction 116

Logistics Bureau

APRIL 3, 2023

So, for example, outsourcing sales activity is not typically a good idea if yours is a retail sales company. For example, US-based companies may be quite fortunate if they have access to manufacturers right on their doorstep in Mexico, a country with far lower labour costs than the rest of North America.

Outsourcing 87

Outsourcing Optimal Sourcing Supply Chain Software Cost Reduction 87

Bringg

AUGUST 16, 2018

The best example is probably Amazon Prime, with the company announcing early this year that they now have over one hundred million subscribers worldwide. However, can this strategy be sustainable and profitable in the long term? With rising costs of fuel and driver salaries on the rise, the initiative could become a costly exercise.

Expense Reduction 72

Expense Reduction Cost Reduction Purchasing Skills Exercises 72

Now, That's Logistics

SEPTEMBER 14, 2021

5 Good Supply Chain Visibility Strategies. For many manufacturing and distribution organizations, for example, inventory management may be the pain point most worthy of attention. As you experiment with these visibility strategies, be sure to measure your successes and tweak your approach based on those results.

Supply Chain Software 78

Supply Chain Software Supply Chains Logistics Network Optimization Software Inventory Reduction 78

Logistics Bureau

AUGUST 2, 2021

For example, you might use simple observation to identify visible defects at goods-in, or you could make your analysis a bit deeper by testing a percentage of items received from the supplier. For example, every purchase order costs money to raise and process, as does every invoice. Supplier Defect Rate.

Procurement Analytics 117

Procurement Analytics Procurement Solutions Optimal Sourcing Procurement 117

Logistics Bureau

OCTOBER 12, 2020

Golden Rule #1: Meaningful KPIs Require a Meaningful Strategy. I’ve written many posts on this blog about the importance of having a supply chain strategy aligned with the overall business plan, and why it is a mistake to have misaligned strategies. I’ve also described some of the issues that can arise from such an error.

Supply Chain Software 62

Supply Chain Software Supply Chains Material Savings Sourcing Strategies 62

Talking Logistics

NOVEMBER 1, 2018

Instead, today’s business environment shows that re-routes need to happen much more often, be part of the company’s strategy assessment process and even impact tactical and operational routing decisions. For most, re-routes are a painful and time-consuming exercise. Two Key Technology Changes. Let me know.

Resource Reduction 60

Resource Reduction Cost Reduction Supply Chain Planning Software Networks 60

Logistics Bureau

MAY 31, 2021

For example: Compared to selling a product in-store, the cost to deliver that same item as a small parcel can be several times higher. The above examples reflect costs that include picking, packing, and last-mile delivery. The list above is not exhaustive but merely provides some notable examples of cost drivers.

Cost Reduction 117

Cost Reduction Purchasing Skills Expense Reduction Inventory Reduction 117

SYSPRO Smarter ERP

JANUARY 19, 2022

For example, one of the main problems with Asian-US trade is that all container ship deliveries are now routed to the West Coast, even though the bulk of America’s manufacturers are based on the East Coast. To assist with the short-term solution, the answer is an extensive data-gathering exercise. Use data to improve operations.

Manufacturing Procurement 105

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software Supply Chains 105

Logistics in War

AUGUST 18, 2019

Part Two offered examples where militaries get it right, and a number of examples where events did not transpire as well as they might. In the Australian example, this ratio has featured in every review of Defence undertaken in the forty years since the ADF was formed. I described the interplay between logistics and readiness.

Military 88

Military Exercises Resource Reduction Logistics Network Optimization Software 88

ShipLilly

FEBRUARY 8, 2023

For example, some businesses could position themselves as the source for hard-to-find items that have not been recently stocked by most rivals. For example, businesses may conclude that the combination of low demand and high inventory will be so damaging to the bottom line that it is better to offer inventory at discounted prices.

Inventory Reduction 52

Inventory Reduction Inventory Handling Price Reduction 52

Shipping and Freight Resource

DECEMBER 9, 2021

A financial modelling exercise to quantify the potential cost savings of the usage of digital shipping documentation, namely the electronic bill of lading (eBL) showed that at a global economic growth rate of 2.4% For example, in the airline industry, everything is digitalized now and this happened because IATA has been defining the.

Data 90

Data Supply Chain Planning Software Supply Chain Software Digital 90

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. Exercise patience when asking freight providers to take on new lanes. Communicate in a timely manner.

Inbound 52

Inbound Optimization Software Material Savings Optimization 52

Logistics Business Magazine

JANUARY 28, 2022

It is no longer enough to ‘greenwash’ your company’s environmental performance or treat issues such as diversity and inclusion in the workplace as another ‘box-ticking exercise’. IMHX 2022 Group Director, Rob Fisher, comments: “In business,?sustainability?refers sustainability?refers

Supply Chain Planning Software 58

Supply Chain Planning Software Material Savings Supply Chain Software Materials Handling 58

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.

Supply Chain Design Software 122

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

ShipLilly

SEPTEMBER 20, 2021

Others are of the view that this is nothing more than a public relations exercise without really dealing with spot capacity and price issues. For example, Drewry’s World Container Index weekly assessment reached the heights of $10,834 per forty-foot equivalent unit.

Price Reduction 94

Price Reduction Cost Reduction Material Savings Maritime 94

Logistics Bureau

JANUARY 9, 2019

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.

Supply Chain Design Software 118

Supply Chain Design Software Supply Chain Design Inventory Reduction Cost Reduction 118

Ship Monk

AUGUST 2, 2023

A product category like apparel, for example, has too many subcategories to be considered a niche. If you don’t have anything unique to talk about, then perhaps you should reconsider your product strategy. If you’re already knee deep in design iterations and fulfillment provider RFPs, we hope you’ve already gone through this exercise.

eCommerce 52

eCommerce Material Savings Cost Reduction Inventory Reduction 52

Logistics Bureau

OCTOBER 29, 2020

Suppose you wanted to be the fastest runner in the world, for example. For example, are you sure that you don’t have one or two business units that excel in a performance element which, otherwise, is proving to be a weakness for your supply chain operations? Those levels are “benchmarks”.

Supply Chains 79

Supply Chains How To Scenario Planning Cost Reduction 79

Logistics Viewpoints

JULY 22, 2021

For example, forecasts are generated using the past three years of history, implicitly assuming history repeats. Madhav Durbha is the Vice President of Supply Chain Strategy Coupa Software , where his team helps customers and prospects solve various supply chain challenges.

Supply Chain Planning Software 146

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Scenario Planning 146

Logistics in War

MARCH 6, 2020

Part Two offered examples where militaries get it right, and a number of examples where events did not transpire as well as they might. In the Australian example, this ratio has featured in every review of Defence undertaken in the forty years since the ADF was formed. I described the interplay between logistics and readiness.

Military 55

Military Exercises Resource Reduction Logistics Network Optimization Software 55

Logistics Viewpoints

SEPTEMBER 7, 2022

The company had access to huge amounts of trade data, for example. But the further up the supply chain BD went, the less incentive suppliers had to participate in these exercises. But I was skeptical. It is not enough to have data; you need the right kind of data! And this would continue until a product supply chain was mapped.

Supply Chain Software 123

Supply Chain Software Supply Chains Optimal Sourcing Procurement Solutions 123

Talking Logistics

APRIL 6, 2017

While these approaches can certainly deliver a significant return on investment (ROI), other strategies that can positively impact their transportation network are often overlooked – for example, thinking more strategically about capacity. Do you have a resilient and “stress-able” routing guide?

Capacity 60

Capacity Price Reduction Sourcing Strategies Cost Reduction 60

Logistics Bureau

FEBRUARY 28, 2019

Golden Rule #1: Meaningful KPIs Require a Meaningful Strategy. I’ve written many posts on this blog about the importance of having a supply chain strategy that’s aligned with the overall business plan, and why it is a mistake to have misaligned strategies. I’ve also described some of the issues that can arise from such an error.

Supply Chain Software 63

Supply Chain Software Supply Chains Sourcing Strategies Scenario Planning 63