GoShip Blog

NOVEMBER 25, 2022

There are several shipping pricing methods for e-commerce businesses–each with its strengths and weaknesses. Flat-rate shipping is a pricing method where the shipping fee depends on the size of the box or envelope rather than the item’s dimensional weight. Pros and Cons of Flat-Rate Shipping Method. Pros of Flat-Rate Shipping.

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Price Reduction Purchasing Skills Cost Reduction Expense Reduction 52

Logistics Bureau

MAY 24, 2019

If you were to tell me that your company had never looked at its supply chain costs and sought to deliver reductions, I would be mightily surprised. On the other hand, if you told me your company hasn’t been able to sustain any progress in supply chain cost reduction, I wouldn’t be surprised at all.

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Cost Reduction Inventory Reduction Expense Reduction Price Reduction 65

Logistics Bureau

MAY 31, 2021

If yours is one of those businesses shifting from traditional to online retail, you’ve probably faced some of the logistical challenges arising from the need to deliver your customers’ purchases to them. Perhaps you haven’t had much opportunity, amid the turmoil, to consider the cost to serve your online customers.

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Cost Reduction Purchasing Skills Expense Reduction Inventory Reduction 117

Ship Monk

FEBRUARY 16, 2023

Offering the preferred, faster 2-Day shipping option could eat away at your profit if you support the cost entirely. Over 50% of online shoppers stated they’d abandoned baskets at some point due to delivery costs. So the question becomes: is it possible to offer 2-Day shipping at an affordable price?

Cost Reduction 52

Cost Reduction Negotiating Skills Inventory Reduction Purchasing Skills 52

Logistics Bureau

JUNE 5, 2023

If your company operates a distribution fleet, you’ll know that the costs of running trucks for customer deliveries are continually increasing. In this post, we’re sharing our top tips for cost reduction in each of these three areas, so let’s get to it, beginning with truck expenditure. It’s a fair question.

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Cost Reduction Purchasing Skills Price Reduction Waste Reduction 73

SYSPRO Smarter ERP

MAY 30, 2022

As manufacturers strive to reduce costs while increasing speed, the process of procuring materials, making products, and moving them where they need to be is more complex than ever. Despite this, only 33% of businesses invested in procurement and sourcing technologies. Using ERP to improve purchasing transparency.

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Manufacturing Procurement Optimal Sourcing Procurement Solutions Procurement Analytics 105

Logistics Bureau

NOVEMBER 16, 2020

For example, a member of the sales team could apply to become a purchasing agent, based on her experience of negotiating sales deals. One study shows that one in three companies in the United States has jobs that are taking nine to 12 months to fill. Sea Change—A Supply Chain Career is now seen as ‘Cool’.

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Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 115

SYSPRO Smarter ERP

MAY 30, 2022

As manufacturers strive to reduce costs while increasing speed, the process of procuring materials, making products, and moving them where they need to be is more complex than ever. Despite this, only 33% of businesses invested in procurement and sourcing technologies. Using ERP to improve purchasing transparency.

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Manufacturing Procurement Optimal Sourcing Procurement Solutions Procurement Analytics 98

Blue Grace Logistics

MARCH 7, 2024

BlueGrace heralds acquisition of Evos Smart Tools Show Submenu Resources The Logistics Blog® Newsroom Whitepaper Case Study Webinars Indexes Search Search BlueGrace Logistics - March 7, 2024 Jeff Berman | Logistics Management March 7, 2024 Tampa, Fla.-based A purchase price for the transaction was not disclosed.

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Supply Chain Planning Software Optimization Software Logistics Network Optimization Software Network Optimization Software 80

WorkWave

SEPTEMBER 14, 2022

While some business ventures require entrepreneurs to have advanced degrees or a large amount of capital to cover startup costs, that is not always the case. If you are a creative person with skills such as video production, photography, or writing, then you can create a home-based business working in content creation or digital marketing.

Purchasing Skills 52

Purchasing Skills Cost Reduction Optimization Software Procurement Solutions 52

Logistics Viewpoints

AUGUST 3, 2023

In many cases microgrids are now bankable investments due to high power costs, low renewable and battery costs, and the value of improving power resilience. The main utility may also benefit by buying non-carbon emitting power, which can help the utility meet portfolio requirements. The cost of grid power has been increasing.

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Purchasing Skills Cost Reduction Manufacturing Procurement Price Reduction 108

Blue Grace Logistics

JUNE 13, 2022

The largest year-over-year increase in pressure in 2021 came from investors, governments, and international governing bodies, according to The State of Supply Chain Sustainability 2021 study from The MIT Center for Transportation & Logistics. Here’s how many companies are turning to their supply chains to meet their ESG goals.

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Supply Chain Design Software Supply Chain Software Optimal Sourcing Supply Chain Design 62

Logistics Business Magazine

NOVEMBER 24, 2023

Things are changing in supply chain management: while cost-cutting has been at the top of the agenda for many executives for years, in future they will be increasingly concerned with the shortage of skilled workers, sustainability and resilience. Skilled labour shortage forces action 2. Cyber security becomes a top priority 9.

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Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software Optimization Software 59

Locus

MAY 2, 2023

When they first began their journey, the greatest challenge was gaining the trust of consumers, who were used to visiting their local grocery store and largely preferred to check their groceries first-hand before purchasing them. To date, it has also been able to reduce its delivery costs by 66%.

Cost Reduction 52

Cost Reduction Price Reduction Purchasing Skills Logistics Network Optimization Software 52

Ship Monk

JULY 19, 2022

Running an eCommerce business forces you to become an expert at a lot of things, but estimating shipping costs isn’t the best way to spend your time. Factors That Determine Shipping Costs. Optional or unexpected services as well as carrier surcharges might add to the cost. Dimensional Weight . Delivery Times.

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eCommerce Purchasing Skills Cost Reduction Material Savings 52

Logistics Viewpoints

JUNE 14, 2023

Home delivery and sustainability are two topics that I have written about quite a bit in the last few years, and Descartes just released its home delivery sustainability consumer sentiment study, so the timing seemed perfect. By doing the study for multiple years, you can start to see trends emerging.

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Study Logistics Network Optimization Software Purchasing Skills Supply Chains 118

Logistics Bureau

NOVEMBER 14, 2018

Even if you simplify your product range and your upstream suppliers, you still have to deal with the ramifications of diverse customers, their expectations, their location and the logistics needed to meet their requirements. How Much Does It “Cost to Serve” Your Customer? It costs you a certain amount to make a product.

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

Logistics Viewpoints

JANUARY 26, 2021

The hyper-focus on meeting customer expectations is also creating pressures upstream in the supply chain, as manufacturers extend visibility and collaboration beyond their own walls to avoid any disruptions. To meet customers’ growing expectations for personalized offerings, the typical company’s product lines have grown exponentially.

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Supply Chain Software Supply Chain Planning Software Definition Supply Chains 161

CH Robinson Logistics

JULY 13, 2022

Our academic research continues to show that contracted freight in a hierarchical route guide provides great service and price. Every business has a responsibility to develop strategies that take advantage of the best market price and service. However, it also shows that some freight does not do well in a committed route guide.

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Price Reduction Cost Reduction Strategy Purchasing Skills 90

Logistics Viewpoints

MARCH 1, 2021

. – explained that when conducting manufacturing volume forecasts for budget purposes, the company would look at demand, production capacity, product specifications, seasonality, asset location, costs/duties and new product introduction amongst other criteria to satisfy regional volume demands. We appreciated River Logic’s capabilities.”

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Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 107

Logistics Viewpoints

FEBRUARY 28, 2023

Of course, the key to inventory is having the right amount in the right location at the right time to meet customer demand, or face overstocks, high holding costs and eventual markdowns—or alternatively, overpromising, stockouts and lost sales. So how can an Order Management System (OMS) give you an upper hand in the market?

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Optimal Sourcing Inventory Reduction Sourcing Strategies Vendor Strategies 118

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. Reducing Labor Costs and Environmental Impact Labor costs: Labor is not getting any cheaper. Let’s dive in!

Materials Handling 79

Materials Handling Material Savings Supply Chain Software Cost Reduction 79

Logistics Viewpoints

APRIL 14, 2022

The study found that these leaders considered the largest gap to be between supply chain and procurement, citing it as a major issue. Such a gap is problematic, as it could lead to higher costs, longer cycle times and less resilience. Organizations need to consider several factors for collaboration to be effective.

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Supply Chain Planning Software Supply Chain Software Collaboration Supply Chains 125

Trinity Logistics

NOVEMBER 13, 2023

Many of today’s manufacturing trends are in line with the industry’s goals to improve processes, create more efficiency, and meet consumer demand. million skilled workers by 2030. According to a study by the Manufacturing Institute, less than 30 percent of manufacturing workers are women.

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Manufacturing Procurement Supply Chain Software Trends Supply Chain Planning Software 92

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. Reducing Labor Costs and Environmental Impact Labor costs: Labor is not getting any cheaper. Let’s dive in!

Materials Handling 75

Materials Handling Material Savings Supply Chain Software Cost Reduction 75

TransAudit

DECEMBER 13, 2023

This process also increases resilience, key in today’s uncertain global economy, and provides cost reductions. Develop circular economy knowledge and skills through training programs and pilot projects. But, circular supply chains require cost-effective ways to recapture products to extract value.

Supply Chain Design Software 88

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

Logistics at MPEPS at UPV

MAY 9, 2023

Their business model is based on ‘Low cost’, for doing this, they use a series of strategies such as using only one type of aircraft, the Boeing 737, so all their pilots can fly all the aircrafts, also the maintenance is the same, therefore the costs are reduced. To do this, the company uses advanced fleet planning tools.

Cost Reduction 52

Cost Reduction Price Reduction Supply Chain Planning Software Logistics Network Optimization Software 52

Logistics Business Magazine

AUGUST 11, 2023

Even though many ecommerce merchants use data-backed buying personas, that provide insight into the purchasing decisions of their customers, many are only truly starting to get to grips with the next part associated with buying personas – and that is appreciating that consumers have delivery personas too. What about Millennials and Boomers?

Groups 60

Groups eCommerce Purchasing Skills Procurement Analytics 60

Trinity Logistics

NOVEMBER 11, 2022

Many of today’s manufacturing trends are in line with the industry’s goals to improve processes, create more efficiency, and meet consumer demand. As technology changes this industry, employees need different skills for their roles. Manufacturing companies can become carbon neutral by purchasing carbon offsets.

Manufacturing Procurement 101

Manufacturing Procurement Trends Supply Chain Software Industry 101

Ship Monk

SEPTEMBER 14, 2023

They’re researching before they purchase, and they’re purchasing wherever and whenever they see something they like. According to a study conducted by Harvard Business Review, 73% of retail shoppers use multiple channels to shop. Note that you’ll need to meet special requirements for retail/B2B fulfillment.

Inventory Reduction 64

Inventory Reduction Price Reduction Cost Reduction eCommerce 64

Logistics Viewpoints

MARCH 4, 2021

Digital commerce efficiently requires the digitalization of many customer-facing operations and sourcing and procurement. Supply chain planning involves interaction with different types of information based on internal and external data sources. These data sources are often spread across multiple platforms and come in various formats.

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Supply Chain Planning Software Scenario Planning Supply Chain Software Optimal Sourcing 157

Logistics Viewpoints

DECEMBER 1, 2022

The only bright note is that shipping costs will be a fraction of what they were over the last several years. Source: Descartes Datamyne. 2023 call: Consumers will focus on home delivery performance and retailers will focus on home delivery cost reduction or recovery. Figure 1: U.S. That’s pretty abysmal.

Cost Reduction 119

Cost Reduction Resource Reduction Supply Chain Planning Software Logistics Network Optimization Software 119

Ship Monk

SEPTEMBER 26, 2023

Because it’s estimated that over 50% of all ecommerce purchases during the 2022 holiday season were made on a smartphone. Because at least 79% of smartphone users have made a purchase using their mobile device in the last 6 months. Source: OuterBox These mobile factoids are impossible to ignore.

eCommerce 64

eCommerce Optimal Sourcing Optimization Software Logistics Network Optimization Software 64

Locus

AUGUST 7, 2023

If we consider the average cost of a new car in the United States was approximately $40,000 in 2021, this increase is equivalent to almost 4 billion new cars. Whether a budding startup or a well-established enterprise, adapting to technological shifts has become non-negotiable. billion in 2021, and is expected to reach $288.87

Negotiating Skills 52

Negotiating Skills Cost Reduction Digital Expense Reduction 52

Blue Grace Logistics

JANUARY 10, 2023

Case Study. Rising online purchases over the past few years have increased the need for LTL. More than 70% of shipper survey respondents are currently both replenishing inventory and trying to meet demand. Consumers are paying the price. Cost/pricing—68% of respondents. The Logistics Blog®. Whitepaper.

Material Savings 62

Material Savings Price Reduction Purchasing Skills Cost Reduction 62

3PL Insights

JULY 25, 2017

Shipping price sticker shock has given new meaning to the phrase ‘abandon ship!’ Being surprised by high shipping charges is the #1 reason that customers go through the online shopping process and then jump ship before they complete their purchase. Shipping costs money. Increase prices: this isn’t usually the best choice.

Purchasing Skills 53

Purchasing Skills Negotiating Skills Manufacturing Procurement Price Reduction 53

Material Handling and Logistics

OCTOBER 30, 2018

With the digitization of the source-to-pay process being a key initiative for many chief procurement officers, to the inherent automation which promises to accelerate innovations such as artificial intelligence (AI), digitization is growing. In a recent Forrester study, they found the problem to be poor quality data. Master Innovation.

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Optimal Sourcing Procurement Solutions Procurement Analytics Procurement 166