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. […].

Cost Reduction 88

Cost Reduction Procurement Strategy Analysis 88

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

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 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

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

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

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

3PL Links

MAY 19, 2024

Image source: PxHere | Mastering Demand and Inventory Planning: Essential Strategies for Success Have you ever thought about how businesses effectively satisfy customer demand and maintain supplied inventory? Establishing a meeting calendar for the S&OP process is the second phase. How to reduce risks in demand planning?

Inventory Reduction 48

Inventory Reduction Sourcing Strategies Cost Reduction Supply Chain Planning Software 48

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

SYSPRO Smarter ERP

OCTOBER 9, 2023

Cost efficiency, quality management and traceability are major issues for companies in this region. Managing costs With the demand for fabricated metal products growing so much, production runs are increasing as are the costs. The significant cost items are labor, materials and machinery.

Manufacturing Procurement 111

Manufacturing Procurement Purchasing Skills Cost Reduction Optimal Sourcing 111

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

Logistics Viewpoints

OCTOBER 25, 2024

By integrating Nauto’s AI-powered Video Event Data Recorder (VEDR) solution with Beans.ai’s precision location data and micro-routing technology, the collaboration offers a comprehensive solution tailored to meet the needs of last-mile deliveries, including VEDR compliance. The company’s geographically dispersed projects across the U.S.

Supply Chain Planning Software 137

Supply Chain Planning Software Supply Chain Software Supply Chains Waste Reduction 137

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

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

Log-hub

NOVEMBER 22, 2023

7 min read Maximizing Warehouse Efficiency: Unleashing the Potential of ABCD Analysis In the dynamic world of supply chain management, optimizing warehouse operations has become an indispensable factor for businesses. 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

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.

Supply Chain Design Software 82

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

FreightWaves SONAR

AUGUST 1, 2024

Sales and operations planning (S&OP) is a critical process for businesses aiming to align their production and sales strategies to enhance efficiency and customer satisfaction. This plan ensures that supply meets demand in a way that maximizes profitability and service levels.

Optimal Sourcing 59

Optimal Sourcing Inventory Reduction Cost Reduction Resource Reduction 59

The Logistics of Logistics

DECEMBER 29, 2020

Since 2011 carriers, 3PLs, shippers, and logistics technology vendors have looked to CarrierDirect to deliver the efficiency, strategy, go-to-market plans, and technology that will elevate their business above their competition. Labor shortages and cost increases. Raw material shortages and cost increases. Port congestion.

Supply Chain Planning Software 196

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Sourcing Strategies 196

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.

Cost Reduction 63

Cost Reduction Negotiating Skills Price Reduction Material Savings 63

Logistics Viewpoints

DECEMBER 15, 2022

For companies that want to go beyond the traditional spreadsheet, which cannot handle this ocean of information efficiently, statistical methods such as cluster analysis can help. What is Cluster Analysis? Cluster analysis is a statistical umbrella term for methods that classify data points according to their attributes.

Optimal Sourcing 129

Optimal Sourcing Analysis Procurement Analytics Purchasing Skills 129

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.

Vendor Strategies 96

Vendor Strategies Inventory Reduction Cost Reduction Waste Reduction 96

Logistics Bureau

NOVEMBER 12, 2024

It’s also important to document any constraints that will impact your plans to meet those objectives. Of course this stage of planning can become pretty complex, and it will often pay to seek advice from equipment suppliers or even engage a consulting firm to help you develop your storage strategy.

Modeling Software 77

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

MTS Logistics

DECEMBER 11, 2023

The meeting of those concerned and committed about the industry’s climate goals happened on the sidelines of the main climate conference in Dubai. The goal of all of the participants of the sideline meetings was to come up with a law that is palatable to all parties by the time IMO negotiations take place in March of next year (2024).

Meeting 85

Meeting Groups Negotiating Skills Supply Chain Planning Software 85

Log-hub

OCTOBER 1, 2024

3 min read Up to 15% cost savings and boosted service levels with data-driven inventory management tailored to users’ unique demand patterns. Log-hub is expanding its portfolio with the new Inventory Optimization App , a powerful tool designed to streamline inventory management while reducing costs. Who benefits most?

Optimal Sourcing 52

Optimal Sourcing Inventory Reduction Cost Reduction Inventory 52

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!

Material Savings 81

Material Savings Expense Reduction Resource Reduction Cost Reduction 81

Blue Grace Logistics

AUGUST 10, 2021

Over the last decade, ever since social media and the IoT became common-place mediums, there has been a change in marketing tools and strategies. A more streamlined communication is provided by omnichannel strategies. The crux of the omnichannel approach is to meet the customers where they are.

Expense Reduction 62

Expense Reduction Cost Reduction Strategy Optimization Software 62

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.

Inventory Reduction 142

Inventory Reduction Supply Chain Planning Software Inventory Waste Reduction 142

Fleet Owner

MARCH 15, 2019

New cost-per-mile analysis, Rhombus TireAnalytics, as well as a comprehensive lineup of Spicer Electrified systems, traditional driveline technologies, and other solutions for commercial vehicles will be on display in booth 2801 at the upcoming TMC Annual Meeting March 18 – 21, 2019.

Cost Reduction 87

Cost Reduction Analysis Meeting 87

CH Robinson Logistics

JULY 8, 2021

With the continued growth of ecommerce and heightened consumer expectations, fast delivery options, tracking notifications, and shipping costs have become a key driver in customer satisfaction. Developing the right strategy and executing it well has numerous benefits for both you and your customers.

Cost Reduction 62

Cost Reduction Sourcing Strategies Meeting Optimal Sourcing 62

WorkWave

NOVEMBER 14, 2024

As e-commerce growth skyrockets, businesses must adapt to meet evolving customer expectations while managing complex operational challenges. This guide seeks to uncover the best practices that can enhance delivery efficiency, from core components to advanced strategies. Table of Contents [Open] [Close] What is Delivery Scheduling?

Optimization Software 52

Optimization Software Resource Reduction Logistics Network Optimization Software Inventory Reduction 52

3PL Links

FEBRUARY 11, 2024

Read also: How to Protect Supply Chain from Cyber Attacks Understanding Reverse Packaging Logistics Reverse packaging logistics is a crucial part of environmentally conscious waste management since it maximizes the life cycle of packaging materials while reducing its negative effects on the environment.

Sourcing Strategies 48

Sourcing Strategies Waste Reduction Resource Reduction Expense Reduction 48

WorkWave

JULY 11, 2024

This can involve utilizing landfill facilities, waste-to-energy plants, or other disposal methods that meet environmental standards. A significant impact on reducing landfill contamination. This helps to prevent the accumulation of hazardous materials and reduces the risk of groundwater and soil contamination.

Waste Reduction 52

Waste Reduction Waste Cost Reduction Expense Reduction 52

Conger

MARCH 28, 2024

MaaS can lead to cost-minimization of transport services like public transportation, rental, and sharing offerings. Data Analytics This involves the collection of data reports from various fleet performance metrics, such as vehicle utilization, fuel consumption, and maintenance costs.

Optimization Software 72

Optimization Software Optimal Sourcing Expense Reduction Cost Reduction 72

WorkWave

JUNE 27, 2024

Addressing this shortage is vital for maintaining efficient operations, controlling costs and ensuring customer satisfaction. This blog will delve into the current state of driver availability, its causes, consequences, strategies for mitigating the challenge, and future outlooks and long-term solutions.

Optimal Sourcing 92

Optimal Sourcing Supply Chain Planning Software Optimization Software Availability 92