UL EHS- Sustainability

OCTOBER 31, 2019

But the most successful learning and development teams also understand how to measure the success of each training course and react accordingly. The best training strategy in the world can’t fix operational issues. Evaluate existing and new training options that eliminate the knowledge or skill gaps 5.

Buyer Training 40

Buyer Training Optimal Sourcing Expense Reduction Cost Reduction 40

FourKites

JANUARY 7, 2021

They invest in new technologies and data-driven processes that allow them to exercise precise control over the business. However, though keeping an excessive amount of inventory on hand may boost your agility, it’s also expensive in its own right (known as “ inventory carrying costs ”). How to Create an Agile Supply Chain Model.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Supply Chains Scenario Planning 52

Logistics Bureau

MARCH 3, 2019

For example, if speedy delivery is a part of your service strategy (which is often the case in today’s on-demand environment), you will either need to locate your warehouses close to customers, or close to the facilities of your preferred carriers. Your distribution strategy too, will have a bearing on network optimisation.

Supply Chain Design Software 98

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Scenario Planning 98

GlobalTranz

NOVEMBER 12, 2015

If a vendor fails to deliver product as specified, the vendor may be advised of how future violations will affect contractual obligations. However, you must exercise caution to make sure you do not damage your vendor-shipper relationship. Cleaned data refers to data that has been processed by a computer to eliminate erroneous material.

Data 91

Data Vendor Strategies Logistics Network Optimization Software Expense Reduction 91

Logistics Bureau

APRIL 4, 2022

At Logistics Bureau, we want to help you with that, so we’re publishing this brief guide to help you if you haven’t already included freight benchmarking in your management strategies or want to benchmark more effectively than you are now. Freight Benchmarking: How to Do it Right. What Are Your Freight Benchmarking Options?

Negotiating Skills 82

Negotiating Skills Purchasing Skills Logistics Network Optimization Software Supply Chain Planning Software 82

Logistics Bureau

SEPTEMBER 20, 2022

By then, remediation could be highly disruptive—not to mention expensive. In the face of such a challenge, the ability to differentiate logistics expenses from other operational costs is an attractive prospect—and one seemingly achievable by paying a partner to manage logistics activity. In many cases, it doesn’t.

Outsourcing 98

Outsourcing Cost Reduction Resource Reduction Expense Reduction 98

Logistics Bureau

MAY 31, 2021

The tips in this article will help you know how to identify the customers, products, and processes that might be inflating your cost to serve (CTS) unnecessarily. Let’s begin with a look at why, in general, retailers with multiple sales channels are more likely to experience difficulties in reducing cost-to-serve.

Cost Reduction 117

Cost Reduction Purchasing Skills Expense Reduction Inventory Reduction 117

Logistics Bureau

NOVEMBER 14, 2018

Your sales price minus your production cost is your overall profit or margin; at least, before allowing for further expenses. So far, so good… but what about those further expenses? The real value of knowing your Cost to Serve a given customer is to identify opportunities to increase or recover profit, rather than cut losses.

Purchasing Skills 88

Purchasing Skills Cost Reduction Supply Chain Planning Software Supply Chain Design Software 88

Logistics Business Magazine

DECEMBER 11, 2022

A big part of what companies need to do when building a future strategy is to look out into the future and say, “These are the things that we think we want to do and be five years from now”. How would we send indicators on that? Historically, this product ‘footprinting’ exercise was both tedious and expensive.

Supply Chain Planning Software 61

Supply Chain Planning Software Supply Chain Software Supply Chains Trends 61

247 Customs Broker

JUNE 6, 2018

Getting this right to maximize your transportation strategy is a balancing act—regardless of the mode or modes of shipping. How economies of scale affect that balancing act is the subject of this article. This changes how total and average cost behave. The bad news is that economies of scale don’t go on indefinitely.

Purchasing Skills 28

Purchasing Skills Negotiating Skills Sourcing Strategies Supply Chain Planning Software 28

Automotive Logistics

AUGUST 14, 2018

For premium makes, the use of enclosed trailers to move vehicles by road can be 10 times more expensive than rail, exacerbating logistics costs. That would make it more expensive to ship vehicles and the question was where that cost would be absorbed because shipment costs were not something the customer cared about. I never have.

Supply Chain Planning Software 39

Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Design Software Modeling Software 39