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 118

Inventory Reduction Resource Reduction Vendor Strategies Cost Reduction 118

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 118

Cost Reduction Purchasing Skills Expense Reduction Inventory Reduction 118

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. For example, Colorado should be serviced by the plant in Texas in certain months and by the California plant during others.

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Supply Chain Design Software Sourcing Strategies Supply Chain Design Inventory Reduction 117

WorkWave

JANUARY 21, 2025

Immigration policy proposals suggest stricter controls, which could reduce the available labor pool in industries such as physical security, commercial cleaning, pest control and landscaping. This could limit businesses’ ability to meet demand, especially during peak seasons and potentially lead to higher labor costs and project delays.

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Cost Reduction Price Reduction Expense Reduction Material Savings 110

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 118

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 111

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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Logistics Bureau

OCTOBER 12, 2024

Yes, we are living in a world of a severe market competition, shorter product life cycle, tougher customer demand, higher cost reduction pressure, longer supply chains, and heavier reliance on outsourcing. Through the years, how have we distorted the aim for strategic alliance and a cost transparency?

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Cost Reduction Procurement Analytics Optimal Sourcing Procurement 62

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 83

Logistics Bureau

NOVEMBER 14, 2018

Too much leads to resources being monopolised on gathering tons of data and a subsequent risk of “paralysis by analysis” Cost to Serve (CTS) is an approach that helps you avoid both extremes. How Much Does It “Cost to Serve” Your Customer? It costs you a certain amount to make a product. Marketing costs.

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Purchasing Skills Cost Reduction Supply Chain Planning Software Supply Chain Design Software 112

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

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 117

3PL Links

JANUARY 8, 2025

Image source: iStocks | The Ultimate Guide to Fleet Management: Strategies to Control and Optimize Your Processes Investing in a fleet management system results in an improvement in internal processes, which directly reflects the quality of the service provided to the end customer.

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Optimal Sourcing Cost Reduction Resource Reduction Expense Reduction 62

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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Negotiating Skills Cost Reduction Negotiate Pricing Price Reduction 91

Logistics Bureau

JANUARY 21, 2025

An efficient supply chain strategy is one that takes every aspect of your supply chain into account, from inventory management and warehouse design to freight tendering and transport optimisation. Supply chain efficiency focuses on improving your processes whilst also reducing costs. What is Supply Chain Efficiency?

Supply Chain Design Software 118

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 118

Logistics Bureau

JANUARY 7, 2020

Companies with global supply chains—a category which includes a fast-growing number of corporations, medium-sized companies, and even small businesses—can be standing on a cost base of which 90% is attributable to supply chain expenditure. . Supply Chain Strategy. The Top 7 Supply Chain Points to Address for Business Success. .

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Supply Chain Design Software Supply Chain Design Inventory Reduction Cost Reduction 133

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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Cost Reduction Freight Price Reduction Sourcing Strategies 105

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 105

Logistics Bureau

JANUARY 9, 2019

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. The Top 7 Supply Chain Points to Address for Business Success.

Supply Chain Design Software 118

Supply Chain Design Software Supply Chain Design Inventory Reduction Cost Reduction 118

IoT World Today

MAY 21, 2020

Key Takeaways from This Article: COVID-19 has unveiled the fragility of a global supply chain predicated on lowest-cost principles. Supply chain recovery hinges on incorporating robust data analytics and other data-driven tools into business operations to increase efficiency, reduce costs and proactively manage risk.

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Supply Chain Planning Software Supply Chain Software Supply Chains Sourcing Strategies 145

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

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 122

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 66

Logistics Bureau

JANUARY 3, 2025

Quality and Detail of Data and its Analysis In some of our earlier posts, weve stressed the importance of simplicity in distribution network design , and we will return to that topic later in this article. It’s not a short list, so we’ll set it down here as a summary to help you with plans for analysis.

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Supply Chain Design Software Supply Chain Design Distribution Networks 91

GlobalTranz

APRIL 20, 2021

Large companies with a supply chain risk strategy already in place couldn’t fully cope with the impact of the pandemic. It’s the result of a deliberate strategy that may require tradeoffs compared to other approaches. This strategy requires greater investment and inventory carrying costs but enables continued production.

Supply Chain Planning Software 115

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

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

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.

Supply Chain Design Software 115

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

Logistics Bureau

OCTOBER 9, 2023

Quality and Detail of Data and its Analysis In some of our earlier posts, we’ve stressed the importance of simplicity in distribution network design , and we will return to that topic later in this article. It’s not a short list, so we’ll set it down here as a summary to help you with plans for analysis.

Supply Chain Design Software 117

Supply Chain Design Software Supply Chain Design Distribution Networks 117

AIMMS

NOVEMBER 2, 2020

S&OP helps you effectively achieve your company strategy. This can result in different teams using different data formats, diverging results from data analysis, and hence poorly aligned decision making. Let’s take the example of a large fiber manufacturer. We all know S&OP can help. S&OP Maturity Matrix.

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Supply Chain Planning Software Purchasing Skills Cost Reduction Optimal Sourcing 127

Material Handling and Logistics

JANUARY 8, 2018

For example, an analysis carried out by AIR on the potential impact of Hurricane Harvey on regional manufacturing found that, based on percentage of the total potential revenue loss, the top three subsectors are petroleum and coal products manufacturing (37%), chemical manufacturing (13%), and oil and gas extraction (12%).

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Supply Chains Cost Reduction Examples Events 142

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 117

Logistics Bureau

AUGUST 2, 2021

For example, you might use simple observation to identify visible defects at goods-in, or you could make your analysis a bit deeper by testing a percentage of items received from the supplier. Emergency purchases are bad news for your business costs, continuity, and planning, and they also increase supply chain risk.

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Procurement Analytics Procurement Solutions Optimal Sourcing Procurement 118

AIMMS

FEBRUARY 26, 2020

Avenues of transport are declining as major cargo airlines, like Cathay Pacific , drastically reduce flights to mainland China and Hong Kong. Let’s explore some example s. . With S&OP Navigator, they could swiftly simulate the impact of reduced production on their supply chain. – Tweet this.

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Supply Chain Planning Software Supply Chain Design Software Scenario Planning Supply Chain Software 146

ShipLilly

OCTOBER 26, 2021

It then becomes a sellers’ market where transport costs continue to rise as ship operators leverage their superior position. Reality of escalating transportation costs. Because the shipping industry is already in operational turmoil, this analysis adds to the sense of urgency and perhaps panic. Limited cost-reduction approaches.

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Cost Reduction Purchasing Skills Inventory Reduction Transportation 98

CH Robinson Logistics

MAY 10, 2022

That can add anywhere from $165 (500 load miles) to $660 (2,000 load miles) in cost per trip. Track and reduce non-revenue generating miles. Especially in times of high fuel costs, a high percentage of deadhead miles has significant impact on your bottom line. Another way to reduce time is to work with drop trailer providers.

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Price Reduction Cost Reduction Survey Availability 115

Logistics Bureau

DECEMBER 6, 2024

Looking to real-life examples for inspiration, we can ask, ‘Who does reverse logistics well?’ In a manufacturing plant, reverse logistics performance is tied to the money or materials that can be recovered cost-effectively from the returned product. A plan is necessary, possibly based on one of the following strategies.

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Reverse logistics Cost Reduction Vendor Strategies Inventory Reduction 89

Logistics Bureau

OCTOBER 10, 2022

Inventory costs too high? Before we look at the barriers to optimal inventory and the possible ways to eliminate or overcome them, let’s be clear on what inventory optimisation means—because misconceptions do abound. For example, you can optimise for cost, profit, or service, but not for all of them.

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