ShipLilly

AUGUST 5, 2021

Key questions for companies involved in the shipping industry include the nature of the congestion charge, its calculation, and how it reduces port congestion. Certain industry professionals have come up with clever ways to reduce or remove PCS altogether. How to reduce or avoid port congestion surcharges?

Negotiating Skills 98

Negotiating Skills Cost Reduction Inventory Reduction Exercises 98

Logistics Bureau

MARCH 30, 2020

But with the vulnerability of such ultra-dependence on China now exposed, business managers should be planning how to increase the resilience of their supply chains. Once this exercise is completed, your company can then assess the risk from tier-two suppliers onwards. Use this system as an early-warning alarm for interruption.

Supply Chain Design Software 63

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 63

Ship Monk

AUGUST 2, 2023

Whether you’re an e-tailer that sells a variety of brands, or a startup brand trying to make a name for itself, your niche will help you figure out how to present yourself to the world (and what parts of the world you can safely ignore). If you don’t have anything unique to talk about, then perhaps you should reconsider your product strategy.

eCommerce 52

eCommerce Material Savings Cost Reduction Inventory Reduction 52

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

ShipLilly

AUGUST 5, 2021

Key questions for companies involved in the shipping industry include the nature of the congestion charge, its calculation, and how it reduces port congestion. Certain industry professionals have come up with clever ways to reduce or remove PCS altogether. How to reduce or avoid port congestion surcharges?

Negotiating Skills 52

Negotiating Skills Cost Reduction Inventory Reduction Exercises 52

Logistics Viewpoints

SEPTEMBER 7, 2022

Within this discipline, one of the toughest challenges is how to get visibility to problems arising across the extended supply network. But the further up the supply chain BD went, the less incentive suppliers had to participate in these exercises. Do I need more inventory? Supply Chain Chaos is the New Norm.

Supply Chain Software 125

Supply Chain Software Supply Chains Optimal Sourcing Procurement Solutions 125

Logistics Bureau

AUGUST 1, 2022

Often, in our experience, the problem is a human one… It’s not the data, not the process, not the technology, or the strategy, but the people. Inventory turns. Instead, your strategy should be to take the principles of whichever S&OP model seems to fit best, and then adapt the process to your business strategy and objectives.

Supply Chain Planning Software 104

Supply Chain Planning Software Scenario Planning Operations Supply Chain Design Software 104

GlobalTranz

JANUARY 21, 2015

As a supply chain director, manager, or boss of a multinational corporation, where the supply chain is an integral part of your business, supply chain cost reductions are always at the forefront of your team’s mind. Vendor Managed Inventory Model for Supply Chain Cost Reductions. What is Reverse Marketing?

Vendor Strategies 96

Vendor Strategies Inventory Reduction Cost Reduction Waste Reduction 96

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

Conger

MAY 6, 2019

To eliminate waste without sacrificing productivity to improve customer value. When it comes down to applying lean strategies, it’s not so easy. So we asked six Toyota experts: how are you applying lean management principles at your facility? The whole purpose of Lean thinking is to identify and reduce waste.

Waste Reduction 59

Waste Reduction Inventory Reduction Material Savings Sourcing Strategies 59

FreightWaves SONAR

JUNE 5, 2023

By April 24, rejections had been cut in half and then some, falling to 8.79% — still higher than shippers are comfortable with but a very clear signal that suddenly trucking carriers were worried that there wasn’t enough freight to go around. The post Leverage freight data for confident demand planning appeared first on SONAR.

Supply Chain Planning Software 52

Supply Chain Planning Software Scenario Planning Data Freight 52

Logistics Bureau

DECEMBER 19, 2022

Slotting is all about optimising the placement of warehouse SKUs to gain efficiency , increase productivity , and reduce operational costs. With that in mind, then, how does a picking productivity gain of up to 20% , or perhaps more, sound? Or a similarly sized reduction in warehouse labour costs ? Pretty good, right?

Production 92

Production Inventory Reduction Cost Reduction Resource Reduction 92

Conger

MAY 6, 2019

To eliminate waste without sacrificing productivity to improve customer value. When it comes down to applying lean strategies, it’s not so easy. So we asked six Toyota experts: how are you applying lean management principles at your facility? The whole purpose of Lean thinking is to identify and reduce waste.

Waste Reduction 40

Waste Reduction Inventory Reduction Material Savings Sourcing Strategies 40

GlobalTranz

NOVEMBER 12, 2015

Will an inaccurate picking result in one error for the original problem or two errors for sending an incorrect product and retaining the original, correct product in your inventory? Performance management is basically how an organization manages potential problems and maintains standards within the workforce.

Data 91

Data Vendor Strategies Logistics Network Optimization Software Expense Reduction 91

Automotive Logistics

APRIL 15, 2019

For automotive, the luxury segment is also using AR to enhance production, reduce cost of design and provide a better customer experience,” she says. According to DB Schenker, the programme is based on a total of six exercises – each of which instructs learners about the various steps involved by encouraging ‘playful’ learning.

Supply Chain Design Software 54

Supply Chain Design Software Supply Chain Planning Software Modeling Software Supply Chain Software 54

Conger

JULY 28, 2022

How to Measure Warehouse Safety. How Safe Are Warehouses? Warehouse safety includes the regulatory guidelines, actions, and best practices that help reduce injuries, provide workers with a safe environment, and reinforce safe behavior. How to Measure Warehouse Safety. Get 15 tips for improving warehouse safety.

Tips 52

Tips Material Savings Training Materials Handling 52

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

The Logistics Academy

FEBRUARY 13, 2017

Another trend is learning how to deal with the avalanche of data that supply chain managers have at their fingertips. Peter Lukszys, University of Wisconsin-Madison (UW-Madison): In terms of different logistics applications, we see a lot of interest in humanitarian aid logistics and the impact of logistics strategies on climate change.

Supply Chain Design Software 40

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 40

Sabinext

FEBRUARY 11, 2019

Moving thousands of people and products effectively from A to B on a daily basis is an incredibly complex exercise, both financially and environmentally. One solution is to increase the options for delivery when a customer is not at home, simultaneously reducing traffic and improving customer service.

Optimal Sourcing 67

Optimal Sourcing How To Logistics Network Optimization Software Logistics 67

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 63

Supply Chain Planning Software Supply Chain Software Supply Chains Trends 63

Logistics Bureau

NOVEMBER 14, 2018

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. In other words, it often makes sense to see how you can transform unprofitable customers into profitable ones, rather than cutting them off. Collecting and Using Cost to Serve Data.

Purchasing Skills 88

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

GlobalTranz

OCTOBER 29, 2015

We then followed that with the wildly popular " 7 Strategic Performance Business Practices with 3PL KPIs and 4 KPI Problems to Solve " and shared how to use the S.M.A.R.T. This exercise prompted Whirlpool to question whether having a single logistics provider was the best structure to exceed customer expectations and maximize cost savings.

Case Study 93

Case Study Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 93