GlobalTranz

APRIL 13, 2017

Most shippers have existing vendor compliance programs in place within their vendor inbound logistics guide. Fortunately, today’s logistics technology has the power to execute a winning inbound freight strategy and maintain compliance in the following ways.

Vendor Strategies 49

Vendor Strategies Cost Reduction Expense Reduction Material Savings 49

Logistics Viewpoints

JULY 20, 2022

For example, missing a train by five minutes can incur an hour delay. In a warehouse, drawn out lead-times can result in manufacturing down-time or missed carrier cut-offs – both of which can be very costly. For example, the system drops an order to move a load with weight of x pounds, in location y, on a Euro-pallet in a tight area.

Vendor Strategies 131

Vendor Strategies Optimization Software Efficiency Logistics Network Optimization Software 131

Logistics Bureau

APRIL 3, 2023

If you’re a decision-maker with accountability for your organisation’s entire supply chain, and you’re just starting to think about outsourcing, perhaps to reduce costs or improve service, this post should prove well worth the few minutes it will take you to read it. What Can You Outsource, and What Should You Outsource?

Outsourcing 87

Outsourcing Optimal Sourcing Supply Chain Software Cost Reduction 87

Logistics Bureau

NOVEMBER 6, 2023

Of course, there is no quick and easy way to curb increases in the cost of energy and labour, but now is an excellent time to start thinking about practical ways to reduce energy usage and increase labour productivity and efficiency. There are several possible ways to eliminate this form of energy wastage.

Cost Reduction 107

Cost Reduction Purchasing Skills Waste Reduction Material Savings 107

Parade

FEBRUARY 10, 2022

We recently published , a blog post about how Parade is different from other capacity management vendors, but then we realized there were even more unique features that Parade offers their customers. Parade is considered the top capacity management solution by most of the supply chain industry. You read that right.

Vendor Strategies 78

Vendor Strategies Capacity Price Reduction Networks 78

GoShip Blog

JANUARY 21, 2020

Specifically, more retailers are now developing and deploying vendor compliance programs for their suppliers to manage the business on pre-determined conditions. While this makes retail companies more secure, it poses an additional challenge for shippers and vendors to meet the terms of the partnership. What is a vendor chargeback?

Vendor Strategies 52

Vendor Strategies Compliance Negotiating Skills Cost Reduction 52

GlobalTranz

FEBRUARY 2, 2015

So why do we feature content related to Vendor Managed Inventory? Distributors will inbound to a manufacturer the inventory needed and transportation management, especially inbound freight management, efficiency is paramount to an effective vendor managed inventory model. ” Vendor Managed Inventory Model: A Quick Back Story.

Vendor Strategies 94

Vendor Strategies Inventory Reduction Modeling Software Inventory 94

GlobalTranz

JANUARY 16, 2019

But, with a well-planned strategy, you too can reduce expenses in your workplace. Still, some losses are a predictable expense and you can’t entirely eliminate them. Reduce Labor Costs Most of your operating budget will go towards labor. Either you reduce pay or find a way to increase work efficiency.

Cost Reduction 90

Cost Reduction Expense Reduction Waste Reduction Inventory Reduction 90

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.

Negotiate Pricing 81

Negotiate Pricing Negotiating Skills eCommerce Purchasing Skills 81

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.

Inventory Reduction 87

Inventory Reduction Eliminating Excel in Purchasing Inventory Waste Reduction 87

GlobalTranz

AUGUST 17, 2015

A vigorous supplier relationship management (SRM) strategy can assist organizations in maximizing partnership value, minimize risk, and manage costs through the entire supplier relationship lifecycle. A comprehensive supplier management strategy helps organizations arrange suppliers based on different tiers of importance and reliability. .

Sourcing Strategies 98

Sourcing Strategies Price Reduction Vendor Strategies Cost Reduction 98

Logistics Business Magazine

DECEMBER 16, 2021

Governments across the globe are urging businesses to do more to reduce greenhouse gas emissions across the supply chain. In response, companies are taking sustainable leadership to new levels, with a particular focus on reducing their Scope 3 emissions to actively assist in supply chain decarbonisation.

Waste Reduction 61

Waste Reduction Vendor Strategies Cost Reduction Resource Reduction 61

Logistics Bureau

AUGUST 2, 2021

The price you pay your vendors for their products is a significant factor in your company’s ability to compete in its market. Here, we’re talking about all your vendors. Purchase order cycle time is a KPI that measures the elapsed time between raising a requisition request and the transmission of the purchase order to the vendor.

Procurement Analytics 117

Procurement Analytics Procurement Solutions Optimal Sourcing Procurement 117

Trinity Logistics

SEPTEMBER 16, 2021

With costs rising recently, it’s easy to see why the challenge for many companies has been to reduce their transportation costs. Before we jump into how to reduce your transportation costs, it’s essential to understand what factors are causing them to rise. STEPS TO REDUCE TRANSPORTATION COSTS. CUT YOUR MANUAL PROCESSES.

Cost Reduction 74

Cost Reduction Expense Reduction Price Reduction Vendor Strategies 74

GlobalTranz

FEBRUARY 17, 2016

This is the second part of my series on various ways to reduce overall costs as it relates to logistics and warehouse cost reductions. In the first part I put forth 6 areas of focus in order to reduce logistics costs. Today, I will now address how a focus on inventory will allow for warehouse cost reductions as well.

Inventory Reduction 65

Inventory Reduction Cost Reduction Waste Reduction Vendor Strategies 65

Logistics Viewpoints

DECEMBER 12, 2023

However, the average company struggles to integrate robots from multiple vendors with their existing systems and processes, as well as divide and orchestrate work across humans and machines. The typical benefits of a WES include an 80% reduction in administrative costs, a 12% increase in units-per-hour, and a 15% improvement in throughput.

Supply Chain Planning Software 167

Supply Chain Planning Software Supply Chain Design Software Optimization Software Resource Reduction 167

SYSPRO Smarter ERP

JULY 26, 2022

Each vendor offering similar value propositions, functionality and benefits and technical jargon is the name of the game. If you are about to embark on the journey towards finding a new ERP vendor, here are some considerations and guidelines centered on those three factors. . and the benefits of next generation technologies.

Modeling Software 105

Modeling Software Optimization Software Vendor Strategies ERP 105

TransAudit

DECEMBER 13, 2023

By embracing a circular supply chain, industry leaders can help: Eliminate waste and pollution Circulate products and materials at their highest value Regenerate nature As organizations continue to optimize supply chains , this process can provide significant benefits. A circular supply chain can reduce greenhouse gas emissions.

Supply Chain Design Software 88

Supply Chain Design Software Supply Chain Design Supply Chain Software Supply Chains 88

AIMMS

SEPTEMBER 28, 2020

Insights from Gartner’s Hype Cycle for Supply Chain Strategy, 2020. Gartner’s Hype Cycle for Supply Chain Strategy, 2020 offers some guidance. In the report, you will find capabilities across five categories: technologies, competencies, frameworks, operating model strategies, and organizational models. Firefighting is the norm.

Supply Chain Design Software 166

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 166

Freightos

NOVEMBER 7, 2023

Judah Levine Optimize your logistics tendering, vendor selection, negotiations, and procurement Book a Demo Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) increased 3% to $1,609/FEU. Some anticipate downsizing among forwarders for the same reasons.

Negotiating Skills 114

Negotiating Skills Price Reduction Vendor Strategies Cost Reduction 114

Freightos

JANUARY 15, 2024

For example, the Freightos Baltic Index indicates a 69% increase to North America’s East Coast and a staggering 226% to Northern Europe since the crisis began. Navigating the Storm: Strategies for SMB Importers in 2024 There is no golden ticket for solving these challenges.

Negotiating Skills 115

Negotiating Skills Optimal Sourcing Price Reduction Cost Reduction 115

GlobalTranz

NOVEMBER 3, 2015

We first did an overview of the 10 areas of strategy a shipper must know in order to stay competitive. Today we will talk about the flow of strategy as pertains to inventory flow and driving warehouse efficiency. The essence of strategy is choosing what not to do. ” ― Michael E. Our first post focused on distressed shipments.

Inventory Reduction 112

Inventory Reduction Vendor Strategies Cost Reduction Waste Reduction 112

GlobalTranz

APRIL 12, 2017

An inbound vendor routing guide is comparable the beating heart of your operation. Creating an effective inbound vendor routing guide is not without its share of challenges. Assess Your Current Inbound Vendor Routing Guide. For example, provide direction for each vendor that comes from a specific area.

Vendor Strategies 48

Vendor Strategies Inbound Cost Reduction Price Reduction 48

Logistics Viewpoints

NOVEMBER 30, 2023

This article will explore some of the key impacts of cyberattacks in the warehouse and distribution industry, as well as strategies businesses can employ to protect themselves from these threats. These side effects of an attack could lead to customer dissatisfaction and reduced profits.

Distribution 144

Distribution Cost Reduction Vendor Strategies Inventory Reduction 144

Logistics Bureau

AUGUST 7, 2023

You’re ordering more stock than you need so you can meet vendor minimum order quantities. We’ll be pleased to assist you in implementing methods to sense customer demand more accurately, enhancing your ability to optimise inventory levels, reduce stock-outs, reduce carrying costs—and ultimately increase profitability.

Inventory Reduction 89

Inventory Reduction eCommerce Inventory Procurement Solutions 89

ShipLilly

OCTOBER 14, 2021

For example, when a port is shut down, flights are often cancelled as well. This is the time to develop and finesse a strategy for managing the hurricane season. Developing a strategy for the hurricane season. The major ports will either reduce their service or shut down completely. Insurance can help mitigate losses.

Vendor Strategies 84

Vendor Strategies Resource Reduction Price Reduction Cost Reduction 84

CLX Logistics

JULY 13, 2020

As an example, consider the growing number of digital freight marketplaces like UberFreight and LoadSmart. Therefore, it’s critical to use these tools within the context of a well-developed strategy. Vendor Portals to facilitate control and visibility of inbound freight.

Cost Reduction 40

Cost Reduction Vendor Strategies Price Reduction Strategy 40

Logistics Viewpoints

NOVEMBER 15, 2022

This flexible, less comprehensive WMS strategy reduces risk, accelerates digital transformation, improves long-term flexibility, and gives companies immediate access to the technologies they need to compete for the long haul. One might say, an all-in-one WMS eliminates the costs and risks of integrating your WMS with external systems.

Optimization Software 135

Optimization Software Inventory Reduction Production Vendor Strategies 135

Logistics Viewpoints

SEPTEMBER 26, 2022

For example, shippers spent much of last year bemoaning soaring ocean shipping rates and ships waiting for days to unload once they reached their destination port. The signals tend to lag what is happening in the market and companies tend to be slow to cut production. Rising unemployment appears to be inevitable.

Supply Chains 122

Supply Chains Vendor Strategies Manufacturing Procurement Inventory Reduction 122

WorkWave

MARCH 27, 2023

You can also develop marketing strategies that resonate with community members. For example, local employees might understand local culture and customs. Your business creates employment opportunities for people in your area and helps to reduce community unemployment. This helps save more time and reduces training expenses.

Expense Reduction 52

Expense Reduction Cost Reduction Resource Reduction Vendor Strategies 52

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

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 61

Supply Chain Planning Software RFID Supply Chain Software Inventory Reduction 61

Logistics Viewpoints

SEPTEMBER 25, 2023

Greenhouses can be constructed to be like semiconductor clean rooms which would eliminate the need for pesticides. Greenhouses can be located near population centers and the growing season can occur all year long; this improves the freshness of food while reducing GHG emissions. With the Affordable Care Act, those days are gone.

Supply Chain Software 131

Supply Chain Software Food and Agriculture Logistics Network Optimization Software Inventory Reduction 131

Stord

MARCH 13, 2024

For example, G.O.S.S. However, its previous vendor struggled to handle DTC orders, lacked quality control checks during picking, leading to fulfillment errors, and offered limited customer information with minimal visibility and poor usability. omnichannel facility in Toronto, Ontario.

3PL 60

3PL Supply Chain Software Vendor Strategies Inventory Reduction 60

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

FEBRUARY 27, 2024

ShipMonk CEO Josh McCarter highlights how our 3PL “is deeply focused on driving value to our clients and being a true partner, not just a vendor. That facility joined our extended global network in 2021, and was one part of an ongoing strategy to expand our reach worldwide so our clients have the fastest, most affordable shipping possible.

Vendor Strategies 83

Vendor Strategies eCommerce Cost Reduction 3PL 83

FW Logsitcs

JANUARY 24, 2024

Cross-docking optimizes supply chain efficiency by eliminating the need for warehousing inventory. This process reduces inventory carrying costs, risk of damage/obsolescence, and warehouse space needs. Distribution – A retailer’s shipments from various vendors are consolidated for quick delivery to stores rather than warehoused.

Inventory Reduction 52

Inventory Reduction Cost Reduction Vendor Strategies Waste Reduction 52