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.

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Inventory Reduction Resource Reduction Vendor Strategies Cost Reduction 108

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.

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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.

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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.

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Cost Reduction Purchasing Skills Waste Reduction Material Savings 109

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

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. The emerald ash borer, a devastating wood-boring insect found in China and eastern Asia, is an example of a pest that is expensive to eradicate. What are the primary consequences of not doing so?

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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.

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Inventory Reduction Sourcing Strategies Cost Reduction Supply Chain Planning Software 52

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.

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Inventory Reduction Material Savings Price Reduction Cost Reduction 75

Dedola Global Logistics

JANUARY 14, 2023

Transloading: A Comprehensive Guide With Client Examples . This can be useful for long-distance shipments that require multiple forms of transportation, as it allows for the use of the most cost-effective and efficient routes. Case Studies: DGL’s Successful Transloading Strategies for Clients in Various Industries.

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Examples Cost Reduction Expense Reduction Inventory Reduction 63

MTS Logistics

APRIL 3, 2023

The effects of inflation on the shipping industry were seen in several areas: higher fuel, increased transportation, labor and equipment costs. Despite this, bloated inventories due to reduced consumer demand are still putting pressure on warehouse rates, leading to a new inflation warning for consumers.

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Inventory Reduction Cost Reduction Price Reduction Supply Chains 101

MTS Logistics

NOVEMBER 19, 2024

Changes in Trade Procedures and Flows To lower increased import costs, companies are frequently forced to re-evaluate their supply plans due to customs duties. For example, the need for container shipping from China may decline if U.S. The post The Cost of U.S.-China

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Logistics Viewpoints

NOVEMBER 18, 2024

Like many companies, the French multinational produces a significant amount of its products in low-cost nations. For the first few years, the company created regional models to determine how to maintain or improve customer service levels at lower cost. They only promise at most 50% of the savings shown by the analysis.

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Supply Chain Design Software Supply Chain Design Supply Chain Software Supply Chain Planning Software 122

Dedola Global Logistics

JANUARY 14, 2023

Transloading: A Comprehensive Guide With Client Examples Transloading is a process that involves transferring cargo from one mode of transportation to another during the shipping process. Transloading can also minimize the risk of cargo damage, provide transportation flexibility, and reduce the time a shipment spends in transit.

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Examples Cost Reduction Expense Reduction Inventory Reduction 52

Logistics Bureau

NOVEMBER 3, 2024

Again then, it’s not difficult to see how the financial health of a business depends on that of the supply chain, or how probable it is that supply chain costs feature strongly in the demise of many companies that become insolvent. Supply Chain Strategy In 2014, a survey by Tompkins Consortium delivered a shocking revelation.

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Supply Chain Design Software Supply Chain Design Inventory Reduction Cost Reduction 82

3PL Links

NOVEMBER 19, 2024

Read also: 7 Cost-Saving Tips Every Supply Chain Manager Should Know 3PL, 4PL, and 5PL: different levels of outsourcing The big difference between these 3 levels, known as parts of the logistics process (party logistics), is the degree of outsourcing of services. This partner assumes the most global logistics strategy of all.

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Logistics Bureau

NOVEMBER 30, 2020

A common conundrum for companies is how to reduce their freight costs, which due to a recovery in demand following the Covid-19 pandemic have skyrocketed. Putting a lid on escalating freight costs has now become more important than ever. Reduce your dunnage. Make an in-depth cost analysis. ARTICLE SUMMARY.

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Cost Reduction Negotiating Skills Price Reduction Material Savings 63

Freightos

DECEMBER 20, 2022

From lockdown-induced purchasing highs, soaring logistics costs and supply chain snarls to waning demand, soaring inflation, and fears of recession – there has never been a dull moment. . The role logistics costs have played in increased or decreasing inflation is now more relevant than ever. . This deserves more exploration.

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Purchasing Skills Analysis Cost Reduction Freight 62

Logistics Viewpoints

JANUARY 31, 2022

If there is a tradeoff between cost and a sustainable project, is the higher cost/less sustainable project ever selected? Let’s put a major multinational – Saint-Gobain – under the microscope to illustrate how this kind of analysis. Do green projects have a lower hurdle for approval? Who is Saint-Gobain?

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Material Savings Cost Reduction Price Reduction Expense Reduction 140

Logistics Bureau

NOVEMBER 12, 2024

For example, your company’s objective might be to achieve maximum operational productivity, to improve customer service, or perhaps to minimise capital expenditure. For example, is an SKU typically ordered by the pallet, carton, split carton, or individual unit? Order and picking profiles should be examined too.

Modeling Software 77

Modeling Software Supply Chain Design Software Supply Chain Planning Software Optimization Software 77

Logistics Viewpoints

JUNE 26, 2024

So, when I learned that GIS can effectively be used for traffic analysis and management, my interest piqued. GIS is a powerful tool that enables the analysis and visualization of spatial data, allowing for the integration of geographical elements into transportation planning and management. How Does GIS Help?

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Sourcing Strategies Optimization Software Optimal Sourcing Logistics Network Optimization Software 157

FreightWaves SONAR

JULY 24, 2023

Freight costs and budget adherence are among the most important and often overlooked aspects of transportation management. The costs of logistics as a ratio of total expenses are too significant to ignore. The costs of logistics as a ratio of total expenses are too significant to ignore.

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Cost Reduction Tips Expense Reduction Supply Chain Planning Software 105

Conger

JANUARY 27, 2023

Examples of automation range from a household thermostat to a large industrial control system, self-driven vehicles, and warehousing robots. Examples are industrial robots and multipurpose CNC machines. When automation is used in industries or manufacturing, it is called industrial automation.

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Supply Chain Software Examples Supply Chain Design Software Supply Chain Planning Software 52

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.

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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.

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Outsourcing Optimal Sourcing Supply Chain Software Cost Reduction 89

Conger

APRIL 1, 2024

By carefully planning and scheduling maintenance before issues arise, businesses can avoid interruptions and reduce costs associated with emergency repairs and downtime. Continue reading to learn more about this essential strategy to ensure your equipment performs optimally at all times. Let’s dive in!

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Material Savings Expense Reduction Resource Reduction Cost Reduction 81

Logistics Business Magazine

JUNE 13, 2022

Many companies are currently suffering from rising energy costs and are looking for additional cost reductions. Reducing electricity costs is now highly ranked on the industry’s to-do list when it comes to ecological and economic issues. Reduction of energy consumption. battery chargers.

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Cost Reduction Material Savings Efficiency Optimization Software 60

Logistics Viewpoints

SEPTEMBER 19, 2023

Supply chain executives must evolve from cost and service as the key objectives for optimal demand-supply balancing towards the “quadfecta” of cost, service, resiliency, and sustainability. The bullwhip effect is one example of this disruptive effect, when small changes in demand cause huge demand spikes downstream.

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Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Supply Chain Software 157

SYSPRO Smarter ERP

MARCH 20, 2024

For manufacturers, having the right business intelligence on hand at the right time can eliminate the guesswork from decision making, offering real-time visibility into business processes so you can anticipate your next move. Data warehousing costs rise. Eliminate reporting inconsistencies and data redundancy. Human error.

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Manufacturing Procurement Optimal Sourcing Expense Reduction Cost Reduction 105

CLX Logistics

JULY 26, 2021

Let’s look at the facts – the percentage of supply chain managers using new analytics tools and services to develop better bidding strategies has increased from 17% in 2017 to more than 30% in 2020. Next-generation supply chain management tools like CLX LaneLogix are a perfect example of the type of system. Ongoing Spend Analysis.

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Material Savings Sourcing Strategies Cost Reduction Inventory Reduction 40

Logistics Bureau

OCTOBER 10, 2024

Product slotting is one of the few cost saving ideas that you can implement in your current facility whilst making no changes to infrastructure (although there may be further benefits to do that). Essentially, it’s about organising products so that frequently picked items are easily accessible, reducing the travel time for pickers.

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Production Inventory Reduction Cost Reduction Expense Reduction 85

GlobalTranz

SEPTEMBER 3, 2015

Efficiency begets costs savings, and let's be honest, we are all looking for ways to do that! A thorough analysis of Design for Manufacture and Assembly (DFMA) is just one tactic you can use to find success within the constructs of the chain. We wanted to see if DFMA could aid in other ways to save on total costs in the supply chain.

Cost Reduction 101

Cost Reduction Supply Chain Design Software Supply Chain Design Material Savings 101

Logistics Business Magazine

MAY 17, 2023

There is currently a trend on the market, both nationally and internationally, for brownfield solutions – i.e., the integration of new technology into existing buildings – to become increasingly attractive and a viable addition to the greenfield strategy. The result is another positive cost and time factor. •

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Cost Reduction Efficiency Material Savings Waste Reduction 49

Logistics Viewpoints

MARCH 8, 2021

For example, go to the Walmart, turn right, and it is the third house on the left. How will total landed costs be impacted by adding a new supplier? How do we best handle surging transportation costs? What will the total costs be associated with different green strategies? Logistics can be a challenge.

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Supply Chain Design Software Supply Chain Planning Software Supply Chain Transformation Supply Chain Software 173

Logistics Viewpoints

JUNE 4, 2024

With tart cherry juice sales transitioning into a steady demand pattern, retailers must adapt their inventory strategies accordingly to meet this evolving consumer preference. It serves as a compelling example of how retailers must reassess their inventory strategies to adapt to rapidly shifting market demands driven by trends.

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Inventory Reduction Supply Chain Planning Software Inventory Waste Reduction 142

Logistics Problem Solving

AUGUST 4, 2017

What do you do if your logistics strategy is just not working? While there are ways to reverse course after a faulty strategy is deployed, you must first admit it was faulty. Testing is not only a good idea, it is crucial to developing a logistics strategy. This never happens. It’s the key to avoiding unintended consequences.

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Expense Reduction Cost Reduction Price Reduction Strategy 59

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.

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Waste Reduction Vendor Strategies Cost Reduction Resource Reduction 59

WorkWave

OCTOBER 17, 2024

Market Analysis Understanding your market is crucial for any business. For example, the global courier and local delivery services market is expected to grow at a CAGR of 4.7% Competitive Analysis : Who are your competitors? better customer service, faster delivery times, or lower costs). through 2027. Be specific.

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Cost Reduction Logistics Network Optimization Software Transportation Purchasing Skills 52