Logistics Viewpoints

FEBRUARY 20, 2024

That strategy can lead to thousands of scenarios, and still no number of scenarios will answer all questions. Another strategy is to dedicate resources and build the best algorithm for demand forecasting. While this sourcing strategy is the most cost-effective one, the business might not want to operate like that.

Supply Chain Design Software 156

Supply Chain Design Software Sourcing Strategies Supply Chain Design Inventory Reduction 156

The Logistics of Logistics

SEPTEMBER 11, 2024

Felipe Co-founder and CEO of Loadsmart , where they provide logistics solutions powered by industry experts and next-gen technology that lower costs, increase efficiency, and digitize transportation. Previously advised companies on corporate strategy and M&A in Brazil and New York for 8 years.

Optimal Sourcing 278

Optimal Sourcing Logistics Network Optimization Software Optimization Software Supply Chain Planning Software 278

MTS Logistics

APRIL 26, 2023

However, importers can significantly enhance their supply chain’s efficiency and reduce costs, while also improving customer satisfaction and increasing profitability by implementing several essential strategies. This can help prevent stockouts, reduce overstocking, and improve accuracy in forecasting.

Inventory Reduction 80

Inventory Reduction Waste Reduction Cost Reduction Supply Chain Planning Software 80

Locus

NOVEMBER 28, 2023

Better product handling should be done to reduce this issue. The Cost of Returns: Returns will cost companies monetarily and brand value. High operational costs: Returns necessitate additional operational processes which incur costs. More time on the road means more fuel consumption, leading to increased costs.

Cost Reduction 52

Cost Reduction Inventory Reduction Strategy Optimization Software 52

The Logistics of Logistics

FEBRUARY 11, 2022

Cost of Warehouse Management System Software. Original article: Cost of Warehouse Management System Software. You are Making Significant Logistics Strategy Changes : When you realize that your current WMS cannot support new processes effectively or at all. Wide Range of Options and Costs. Basic WMS Cost Categories.

Modeling Software 221

Modeling Software Logistics Network Optimization Software Cost Reduction Vendor Strategies 221

MTS Logistics

SEPTEMBER 18, 2023

Due to its strategic location, the Panama Canal has become a linchpin in international commerce and global trade, by significantly reducing travel distances and costs. Factors that Causing to Water Levels Reduction Climate Change Climate change is a primary driver of the decreasing water levels in the Panama Canal.

Resource Reduction 94

Resource Reduction Cost Reduction Analysis Supply Chains 94

Blue Grace Logistics

AUGUST 7, 2024

Cost to Serve: The measurement of cost factors that go into the servicing of a customer, or the production of a product. For companies involved in shipping freight, the combination of order-level management and cost to serve analysis can be a game-changer.

Cost Reduction 93

Cost Reduction Expense Reduction Resource Reduction Ordering 93

Logistics Bureau

JULY 18, 2022

As you’ll know, if you follow our blog regularly, Logistics Bureau does a great deal of work related to supply chain strategy development and alignment. As a result, and as we’ve mentioned in several previously published articles, we’ve discovered that many companies lack a defined and documented supply chain strategy.

Inventory Reduction 108

Inventory Reduction Resource Reduction Vendor Strategies Cost Reduction 108

FreightWaves SONAR

JANUARY 28, 2021

Adjusting current logistics strategies demonstrated the second great challenge of the pandemic. Embracing new and improved logistics strategies remains the best way to adapt to clients’ changing demands in 2021 and beyond. Now more than ever, shippers need to find innovative ways to make the most of real-time freight data and analysis.

Waste Reduction 105

Waste Reduction Resource Reduction Price Reduction Cost Reduction 105

The Logistics of Logistics

JANUARY 28, 2022

Beyond Cost Per Load with Felipe Capella. Felipe Capella and Joe Lynch discuss beyond cost per load. Felipe believes that while cost per load will continue to be important, savvy shippers will look for 3PLs who use technology and people to bring additional value to the shipping function. Key Takeaways: Beyond Cost Per Load.

Cost Reduction 263

Cost Reduction Optimization Software Price Reduction Logistics Network Optimization Software 263

Logistics Business Magazine

MAY 18, 2023

Yard Management Solutions aims to revolutionize the yard management industry and assist Co2 emission reductions by introducing its state-of-the-art yard management software. This software has proven to be a game-changer, helping facilities reduce their carbon footprint while also unlocking significant cost savings.

Waste Reduction 36

Waste Reduction Cost Reduction Resource Reduction Supply Chain Software 36

Logistics Viewpoints

NOVEMBER 6, 2024

This integrated approach enables Summit to reduce idle time and fuel wastage, aligning with its goal of net-zero emissions by 2050. ORION has proven essential in reducing travel distances, as well as cutting down on greenhouse gas emissions associated with unnecessary mileage.

Supply Chain Planning Software 142

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Optimization Software 142

3PL Links

MAY 3, 2023

Improving Supply Chain Visibility: The Impact of Data Strategy | Image source: Pixabay A business-contextualized data approach is crucial for boosting supply chain visibility, especially during downturns. It is important to answer the following questions: What is the goal of developing a data strategy? What are the expected insights?

Sourcing Strategies 62

Sourcing Strategies Inventory Reduction Material Savings Cost Reduction 62

Locus

JUNE 16, 2023

Customer satisfaction and keeping costs in check rests on optimal last-mile delivery operations. Naturally, the costs of meeting such expectations, especially on the delivery front are also increasing. The biggest challenge that logistics providers face is rising last-mile carrier delivery costs. These include: 1.

Cost Reduction 98

Cost Reduction Expense Reduction Inventory Reduction Price Reduction 98

MTS Logistics

JUNE 30, 2023

And 52% are looking to consolidate more shipments overall, a strategy for which LCL can play an important role.” ” Below are three ways shippers can use LCL to reduce their costs. Recoup costs and future savings. Bridge the gap with market and mode shifts.

Cost Reduction 92

Cost Reduction Inventory Reduction Waste Reduction Optimal Sourcing 92

GoShip Blog

FEBRUARY 7, 2023

Over the years, marketing strategies have evolved with the times, the advent of technology, and changes in consumer behavior. Why a Solid Marketing Strategy is Important A marketing strategy refers to a business’s action plan for achieving its short and long-term goals and developing a sustainable competitive advantage.

Waste Reduction 52

Waste Reduction Price Reduction Resource Reduction Expense Reduction 52

Logistics Bureau

NOVEMBER 6, 2023

Recent studies have shown that among the challenges frustrating warehouse and distribution centre managers this year, rising energy and labour costs are two of the most often cited. We hope the tips and ideas in this article will help you make inroads into warehouse energy and labour cost reduction.

Cost Reduction 109

Cost Reduction Purchasing Skills Waste Reduction Material Savings 109

Logistics Bureau

MAY 31, 2021

Perhaps you haven’t had much opportunity, amid the turmoil, to consider the cost to serve your online customers. 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. High Cost to Serve: It’s an Omnichannel Problem.

Cost Reduction 117

Cost Reduction Purchasing Skills Expense Reduction Inventory Reduction 117

Logistics Bureau

SEPTEMBER 3, 2024

Understanding the cost to supply is as crucial as knowing your cost to serve. It’s about assessing the costs your suppliers incur when delivering to your business, which can significantly impact your strategy, pricing, and overall efficiency. This week we are talking about cost to supply and why it’s so important.

Negotiating Skills 100

Negotiating Skills Cost Reduction Negotiate Pricing Price Reduction 100

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.

Cost Reduction 66

Cost Reduction Inventory Reduction Expense Reduction Price Reduction 66

Logistics Viewpoints

SEPTEMBER 13, 2022

In the past few decades, an increasing number of organizations have adopted environmental, social and governance ( ESG ) initiatives to help heal the planet as well as to make cost and efficiency improvements in their supply chain and procurement operations. What obstacles are companies facing in making the most of this opportunity?

Cost Reduction 140

Cost Reduction Supply Chain Planning Software GEP Supply Chain Software 140

FreightWaves SONAR

MARCH 2, 2021

From a financial standpoint, transportation cost analysis remains focused on determining the value of the resources used to execute a given shipment and goes well beyond benchmarking. Moreover, this kind of analysis does not focus on who ends up paying which expenses in the end. Limited data sharing within the chain.

Analysis 98

Analysis Price Reduction Cost Reduction Supply Chain Planning Software 98

SIPMM Professional Publications

OCTOBER 20, 2019

Organizations practicing sustainable procurement meet their needs for goods, services, utilities and works not on a private cost–benefit analysis, but with a view to maximizing net benefits for themselves and the wider world. […]. The post Six Essential Strategies for Sustainable Procurement appeared first on SIPMM INSTITUTE.

Cost Reduction 88

Cost Reduction Procurement Strategy Analysis 88

Log-hub

MARCH 1, 2023

The mistakes that can pull your supply chain far away from the progress are bad cost management strategy, lack of optimized business processes, neglecting data and KPI’s, poor customer service and no future planning. One of them is a bad cost management strategy. But how to get rid of them?

Cost Reduction 52

Cost Reduction Sourcing Strategies Expense Reduction Supply Chain Design Software 52

The Logistics of Logistics

APRIL 13, 2021

Beyond Cost Per Load with Felipe Capella. Felipe Capella and Joe Lynch discuss beyond cost per load. Felipe believes that while cost per load will continue to be important, savvy shippers will look for 3PLs who use technology and people to bring additional value to the shipping function. Key Takeaways: Beyond Cost Per Load.

Cost Reduction 195

Cost Reduction Optimization Software Price Reduction Logistics Network Optimization Software 195

EazyStock

APRIL 13, 2022

What is a supply chain strategy? A supply chain strategy explains how a company will bring goods into the business and get them out to customers as effectively as possible. Considering every phase in the supply chain, such as sourcing goods, logistics and delivery, the strategy optimizes operations to reduce costs and maximize profits.

Inventory Reduction 52

Inventory Reduction Sourcing Strategies Cost Reduction Supply Chain Planning Software 52

Logistics Business Magazine

JULY 25, 2024

FORTNA is one leading automation and software company for the full logistics value chain that is leading the charge by automating brownfield processes to enhance cost savings and efficiencies. FORTNA sits at the cutting edge of warehouse automation to allow for labour costs and efficiencies to be further enhanced.”

Cost Reduction 55

Cost Reduction Material Savings Optimal Sourcing Inventory Reduction 55

Logistics Business Magazine

OCTOBER 24, 2024

Unexpected failures, and unplanned maintenance and repair, don’t just increase costs and impair customer service, they have direct and significant environmental and sustainability impacts. But by implementing data driven maintenance strategies these cost, performance, and environmental impacts can be greatly reduced.

Materials Handling 54

Materials Handling Material Savings Waste Reduction Cost Reduction 54

EazyStock

FEBRUARY 17, 2021

Effective inventory replenishment processes ensure that order fill rates can be achieved while keeping inventory carrying costs under control. Inventory Replenishment Strategies to Boost Profitability. However, businesses are also acutely aware that holding inventory costs money. Both can be very costly.

Inventory Reduction 75

Inventory Reduction Material Savings Price Reduction Cost Reduction 75

Loginext

NOVEMBER 21, 2023

This article outlines the various ways that delivery route optimization software can help your organization cut down on costs. The post Empowering Operations Managers to Drastically Cut Costs with Delivery Route Optimization Software appeared first on loginextsolutions.com.

Optimization Software 70

Optimization Software Cost Reduction Resource Reduction Logistics Network Optimization Software 70

MTS Logistics

OCTOBER 31, 2024

There must be efficient strategies deployed to reduce the spread of pests and different stakeholders must contribute in some way. Depopulating millions of birds came at a staggering cost of $181 million. Addressing the problem of pests being imported and exported in cargo and containers requires a diverse strategy.

Expense Reduction 79

Expense Reduction Resource Reduction Cost Reduction How To 79

Logistics Business Magazine

JANUARY 6, 2023

A leading palletised freight delivery company is enjoying important operational benefits and reduced costs after replacing its diesel materials handling fleet with electric forklifts. Operational costs have significantly reduced due to savings from lower fuel and forklift maintenance costs.”

Cost Reduction 61

Cost Reduction Freight Material Savings Materials Handling 61

Log-hub

MARCH 6, 2024

Our dedication to reducing emissions and operational costs through optimizing electric truck routes not only underscores our commitment to green solutions but also aims to empower supply chain managers with strategic insights for navigating the complexities of electric truck operations. Image source: INSIDEEVs.

Optimal Sourcing 40

Optimal Sourcing Sourcing Strategies Cost Reduction Resource Reduction 40

Log-hub

MARCH 6, 2024

Our dedication to reducing emissions and operational costs through optimizing electric truck routes not only underscores our commitment to green solutions but also aims to empower supply chain managers with strategic insights for navigating the complexities of electric truck operations. Image source: INSIDEEVs.

Optimal Sourcing 40

Optimal Sourcing Sourcing Strategies Cost Reduction Resource Reduction 40

Logistics Business Magazine

MARCH 20, 2023

A new white paper from a supply chain consultancy suggests retailers are too fragmented in their approach to determining their Costs-To-Serve (CTS) and should instead adopt CTS analysis as a core, business-critical initiative for informing future decisions and direction. “In More acutely, do you know what margin you are making?

Supply Chain Planning Software 53

Supply Chain Planning Software Supply Chain Software Cost Reduction Logistics Network Optimization Software 53

FreightWaves SONAR

FEBRUARY 11, 2021

However, enterprise shippers can make a comeback by implementing smart truckload shipping strategies by retooling and putting freight forecasting power to work. And these additional five shipping strategies can help enterprise shippers maximize recovery and boost profits. Freight transport cost per shipment.

Sourcing Strategies 98

Sourcing Strategies Cost Reduction Supply Chain Planning Software Optimization Software 98

Log-hub

NOVEMBER 22, 2023

Efficient inventory management, layout organization, and operational strategies are key to meeting customer demands while minimizing costs and maximizing profits. One of the most powerful tools employed in this endeavor is the ABCD Analysis.

Inventory Reduction 40

Inventory Reduction Analysis Material Savings Waste Reduction 40