GoShip Blog

FEBRUARY 7, 2023

Every company, irrespective of its size, must market its products or services to attract customers or face closing down. Over the years, marketing strategies have evolved with the times, the advent of technology, and changes in consumer behavior. There is no business without marketing.

Waste Reduction 52

Waste Reduction Price Reduction Resource Reduction Expense Reduction 52

Logistics Viewpoints

NOVEMBER 20, 2023

Rather than just offering consumers the choice of buying online or buying in the store, a retail omnichannel strategy involves a lot more paths to fulfill an order or to process a return. Omnichannel Order Management Systems are Complex For retailers, implementing a sound omnichannel strategy can be difficult.

Cost Reduction 135

Cost Reduction Expense Reduction Inventory Reduction Modeling Software 135

Logistics Business Magazine

MAY 19, 2021

The latest trend report from the optimisation specialist INFORM reveals a positive development in internal logistics in German production companies. Only 10% completely agreed that production is the core of the company and logistics are only a necessary secondary function. DOWNLOAD the study here: [link].

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Study Supply Chain Planning Software Survey Cost Reduction 38

WorkWave

JANUARY 18, 2021

Instead of focusing on customers and outside sources, you may need to start looking inward at processes to streamline production. It may be an aspect like customer service, or a certain product that is unique to the market. For instance, you can monitor: Revenue; Work orders; Marketing campaigns; Production.

Sourcing Strategies 98

Sourcing Strategies Inventory Reduction Tips Supply Chain Software 98

Logistics Viewpoints

OCTOBER 4, 2021

Because of service disruptions – not being able to buy toilet paper, for example – the supply chain has been more discussed than ever before. A study by E2open – the 2021 Forecasting and Inventory Benchmark Study: Supply Chain Performance During the Covid-19 Pandemic – provides the answers. But just how bad was it?

Inventory Reduction 133

Inventory Reduction Supply Chain Planning Software Cost Reduction Supply Chain Design Software 133

Logistics Bureau

SEPTEMBER 4, 2023

Potential Factors in Declining Margins To get to the root of the problem, understanding the costs of production or purchasing will be a necessary starting point, but typically, more information will be needed. We’ll begin with a look at pricing strategy. Do You Lack Confidence in Your Pricing Strategies?

Negotiating Skills 89

Negotiating Skills Purchasing Skills Cost Reduction Analysis 89

Locus

MAY 25, 2022

Take last-mile deliveries for example. Customers will immediately search for the product elsewhere if offered similar timelines today. Here are seven key strategies that they have used to make it happen. While shopping at stores, customers would like to feel, touch, and smell the products they buy. – Statista, U.S.

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Sourcing Strategies Inventory Reduction Cost Reduction Strategy 52

GoShip Blog

APRIL 21, 2022

Social media offers a cost-effective means of marketing your products to your target audience in a way that resonates with them and encourages them to begin their buying journey. Importance of Using Social Media in Your Ecommerce Strategy. According to recent studies by Datareportal, the world currently has over 4.6

Production 40

Production Cost Reduction Waste Reduction Resource Reduction 40

GlobalTranz

JUNE 22, 2015

Recent studies show that as high as 83% of human learning occurs visually. Good visuals have a positive and sustainable impact on productivity, quality, equipment, reliability and employee engagement. Employees post daily productivity information on the board with pens and magnets. Like a scoreboard, it keeps everyone informed.

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Examples Definition Waste Reduction Reliability 94

Logistics Bureau

MAY 30, 2022

Our three pillars (or fundamentals) of great supply chain management excellence are strategy, service, and cost. Aligning strategy, service, and financial factors in your supply chain operation is essential to support your company’s overall business strategy , mission, and objectives. The Importance of Alignment.

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Inventory Reduction Cost Reduction Price Reduction Supply Chain Planning Software 112

Logistics Viewpoints

FEBRUARY 28, 2022

Alex Pradhan, Product Strategy Leader John Galt Solutions, told me that “all planning vendors have bold marketing around AI.” Lead times, for example, are a critical form of master data for planning purposes. The processing units in an oil refinery, for example, operate at high temperature and high pressure.

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Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 169

Logistics Bureau

DECEMBER 4, 2023

Inventory management is a crucial aspect of supply chain management, and effective strategies can help businesses reduce costs, improve customer service, and increase profits. But what does a great inventory management strategy look like? At that point, each SKU will be taken to any convenient storage location in the warehouse.

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Inventory Reduction Eliminating Excel in Purchasing Inventory Waste Reduction 87

AIMMS

NOVEMBER 19, 2015

How the right production schedule enables fast, profitable decision making at Nampak. As we discussed in our recent Supply Chain webinar, this is not an easy task if you have a lot of fluctuating demand and uncertainty in your production process. Paul, why is production scheduling crucial for Nampak glass?

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Production Supply Chain Planning Software Scenario Planning Optimization Modeling 70

AIMMS

NOVEMBER 19, 2015

Optimized production scheduling enables fast, profitable decision making at Nampak. As we discussed in our recent Supply Chain webinar, this is not an easy task if you have a lot of fluctuating demand and uncertainty in your production process. Paul, why is production scheduling crucial for Nampak glass?

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Production Supply Chain Planning Software Optimization Modeling Scenario Planning 62

Trinity Logistics

JUNE 23, 2023

 One example is helping you with your routing decisions by matching your freight with the best carriers, lanes, rates, and transit service. It THINK ABOUT ONSHORING Onshoring is a strategy that HVAC contractors and plumbers can use to mitigate supply chain woes and improve competitiveness. Onshoring

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Supply Chain Planning Software Supply Chain Software Material Savings Supply Chains 94

Logistics Business Magazine

NOVEMBER 24, 2022

This is one of the conclusions from the recent study “Personal luxury: Supply Chain challenges & how to prepare for the future”, developed by Arvato Supply Chain Solutions in cooperation with the international strategy consultancy Roland Berger. This will lead to greater complexity in products.

Supply Chain Software 60

Supply Chain Software Supply Chain Planning Software Supply Chains Inventory Reduction 60

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. Advanced scanners provide extensive hazard detection around the vehicle to ensure both product integrity and worker safety. Let’s dive in!

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Materials Handling Material Savings Supply Chain Software Cost Reduction 79

Logistics Business Magazine

SEPTEMBER 27, 2023

Zebra Technologies Corporation today released the findings of its 2023 Global Warehousing Study, which confirmed 58% of warehouse decision-makers plan to deploy radio frequency identification (RFID) technology by 2028 which will help increase inventory visibility and reduce out-of-stocks.

Supply Chain Planning Software 57

Supply Chain Planning Software RFID Supply Chain Software Inventory Reduction 57

Logistics Viewpoints

APRIL 15, 2021

Before the pandemic, in a study of logistics providers conducted by Fraunhofer IML, among those embarking on digitalization initiatives, only 25% of logistics providers in the Fraunhofer IML survey are leveraging digital technologies to think outside the box and reinvent their foundational delivery model. It should also be shared downstream.

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Supply Chain Planning Software Supply Chain Software Supply Chains Digital 149

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. Advanced scanners provide extensive hazard detection around the vehicle to ensure both product integrity and worker safety. Let’s dive in!

Materials Handling 75

Materials Handling Material Savings Supply Chain Software Cost Reduction 75

Logistics Viewpoints

JANUARY 26, 2021

To improve the entire network’s responsiveness to increasingly shortened lead times, trading partners are working together to seamlessly manage product flow throughout the supply chain and across all fulfillment channels ? In addition, product categories are much more segmented and differentiated than they were previously.

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Supply Chain Software Supply Chain Planning Software Definition Supply Chains 161

GlobalTranz

APRIL 10, 2017

Shippers often forget about the possible savings through an effective inbound logistics strategy. Reducing Costs in Shipping with a Focus on Inbound Logistics Strategy. While some vendors might disagree with plans to implement and inbound shipping strategy to reduce your costs, remember that you must look out for your company first.

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Cost Reduction Vendor Strategies Inventory Reduction Inbound 71

Ship Monk

FEBRUARY 9, 2024

As the holiday shopping season reaches its peak, ecommerce business owners everywhere are crossing their fingers, hoping they have enough product in stock and that they didn’t order too much. In truth, demand forecasting, or estimating how much product you’ll sell in the future, is one of the toughest challenges for any ecommerce business.

eCommerce 86

eCommerce Inventory Reduction Operations Modeling Software 86

Logistics Viewpoints

MAY 3, 2022

A growing number of consumers are asking the brands they buy from to invest in sustainability throughout the supply chain, from the materials they use to make products, to the transportation options they use to deliver products. We found three key strategies that could serve as a blueprint for other supply chains: Rethink Packaging.

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Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 116

Logistics Business Magazine

NOVEMBER 24, 2023

Studies show that in some areas, around a third of companies that were unable to fill all vacancies did not receive a single application. As studies show, young people place a high value on flat hierarchies and want modern IT systems in their day-to-day work. The EU is pushing for a comprehensive supply chain law.

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

Ship Monk

APRIL 5, 2024

Of course, it wouldn’t be a business strategy if there weren’t a couple more acronyms to learn. Shipping delays, labor shortages, and manufacturing shutdowns can wreak havoc on your business, as can deteriorating product quality. There’s more to supplier relationship management than getting a good price.

Negotiate Pricing 83

Negotiate Pricing Negotiating Skills eCommerce Purchasing Skills 83

Logistics Business Magazine

SEPTEMBER 23, 2022

As the long- standing intralogistics supplier, STILL is ahead of the game with a smart brand orientation, an expanded product portfolio and a focus on customised solutions. In addition, the range of warehouse technology products is to be expanded. This product range is to be successively expanded into a complete product portfolio.

Presentation 58

Presentation Material Savings Sourcing Strategies Supply Chain Software 58

Conger

JULY 30, 2021

Top challenges and the steps for adopting an omnichannel distribution strategy. 4 Steps for Adapting to an Omnichannel Distribution Strategy. For instance, they can order online and have their products shipped to the store for pickup. Or, they can order online and have the products shipped to their home.

Inventory Reduction 52

Inventory Reduction Distribution Vendor Strategies Waste Reduction 52

Logistics Viewpoints

APRIL 19, 2024

Together, they shave down the time it takes to get products from trailers into the facility by 90 per cent — and their overlord, Walmart Canada, hopes this is just the start. Biden is asking his trade officials to more than triple a key tariff rate on Chinese steel and aluminum products to 25 percent from 7.5 percent of U.S.

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Logistics Network Optimization Software Logistics Procurement Analytics Purchasing Skills 128

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

SYSPRO Smarter ERP

OCTOBER 20, 2021

Manufacturers and distributors want to dramatically increase their efficiency, productivity and accuracy through smart technologies, data analytics and connected services. In the factory environment, one example is the digitization of records for a more efficient method of record keeping, thereby improving the batch traceability process.

Digital 133

Digital Factories Supply Chain Planning Software Supply Chain Software 133

Trinity Logistics

JUNE 23, 2023

 One example is helping you with your routing decisions by matching your freight with the best carriers, lanes, rates, and transit service. It THINK ABOUT ONSHORING Onshoring is a strategy that HVAC contractors and plumbers can use to mitigate supply chain woes and improve competitiveness. Onshoring

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Supply Chain Planning Software Supply Chain Software Material Savings Supply Chains 62

GoShip Blog

FEBRUARY 2, 2023

These values guide every business decision, from how and where products are sourced to the employees’ working conditions and how goods are delivered to customers. For every need consumers have today, there is an infinite number of businesses offering products to satisfy it. Customers love transparency.

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Sourcing Strategies How To Waste Reduction Eliminating Excel in Purchasing 52

Ship Monk

JULY 14, 2021

Then, with a concrete strategy by your side, fine-tuning the details becomes a whole lot easier. Dollar Shave Club, Warby Parker, and Glossier are all standout examples of D2C and the kind of success it can bring. Newspaper classifieds, Facebook Marketplace, and eBay are all examples of C2C in action. Business-to-Business (B2B).

eCommerce 91

eCommerce Modeling Inventory Reduction Cost Reduction 91

AIMMS

FEBRUARY 26, 2020

Manufacturers like Hyundai are experiencing a shortage of components that threaten s to halt production. The study include d firms in the retail, manufacturing and distribution verticals. Let’s explore some example s. .

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Supply Chain Planning Software Supply Chain Design Software Scenario Planning Supply Chain Software 146

Logistics Viewpoints

JANUARY 19, 2021

No question – logistics challenges have increased since the rise of e-commerce and the number of products on the market started to multiply. For this reason, supply chain solutions have become an integral part of business strategies to cope with these ever-increasing complexities. Examples of use. Driving performance.

Supply Chain Software 95

Supply Chain Software Modeling Software Optimization Software Logistics Network Optimization Software 95

Globalior

APRIL 20, 2021

Logisticians often seek to improve supply chain performance and efficiency to increase productivity and provide a better competitive advantage for their business. Clearly define your logistics strategy. The logistics strategy must be well-defined and realistic. Ways to improve performance in the supply chain: 1.

Supply Chain Design Software 52

Supply Chain Design Software Supply Chain Software Optimization Software Optimization Modeling 52