Ship Monk

JULY 18, 2024

Today we’re going to look at some of the consumer trends that might affect your preparations for peak season 2024, and strategies to maximize them. Reduce shipping and inventory costs to gain pricing flexibility. It should have robust tools for data analysis, reporting, tracking, forecasting and managing inventory.

Inventory Reduction 111

Inventory Reduction Cost Reduction Price Reduction Supply Chain Planning Software 111

The Logistics of Logistics

OCTOBER 17, 2022

With Tive , shippers and logistics service providers (LSP) eliminate preventable delays, damage, and shipment failures. Krenar Komoni is the Founder and CEO of Tive , a company that is re-imagining supply chain visibility with sensor-driven awareness and analysis tools of in-transit goods, from start to finish.

Supply Chain Design Software 368

Supply Chain Design Software Optimization Software Logistics Network Optimization Software Supply Chain Software 368

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

The Logistics of Logistics

APRIL 1, 2022

Flatbed Messenger eliminates empty miles by matching Home Depot’s dedicated capacity to Loadsmart shippers who need flatbed services. Enterprise brands looking to reduce empty miles from their dedicated/private flatbed capacity can reach out directly to flatbedmessenger@loadsmart.com for more information. Nick’s Jensen.

Logistics Network Optimization Software 363

Logistics Network Optimization Software Supply Chain Software Freight Price Reduction 363

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

AUGUST 28, 2023

She brings almost 20 years of supply chain and benchmarking experience to DAT, where she is focused on providing actionable insights to shippers through DAT’s Benchmark Analytics and Rateview benchmarking tools. The platform offers a wide range of features and tools to help shippers find available carriers and carriers find available loads.

Supply Chain Planning Software 397

Supply Chain Planning Software Logistics Network Optimization Software Optimization Software Optimal Sourcing 397

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

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 117

Cost Reduction Expense Reduction Resource Reduction Ordering 117

Logistics Viewpoints

FEBRUARY 20, 2024

Supply chain network design (SCND) is a powerful tool for improving business operations. 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. But it has gaps.

Supply Chain Design Software 117

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.

Cost Reduction 110

Cost Reduction Price Reduction Expense Reduction Material Savings 110

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

NGT News

JANUARY 4, 2023

Lightning eMotors has released its new virtual Fleet Planner, a free fleet configuration tool that allows fleet managers to input their individual fleet characteristics and receive a customized operating cost analysis and carbon reduction metrics based on the recommended Lightning electric vehicle that best fits their specific needs.

Tools 97

Tools Cost Reduction Analysis Operations 97

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 111

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Optimization Software 111

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.

Optimal Sourcing 62

Optimal Sourcing Cost Reduction Resource Reduction Expense Reduction 62

The Logistics of Logistics

DECEMBER 3, 2021

With Tive , shippers and logistics service providers (LSP) eliminate preventable delays, damage, and shipment failures. Krenar Komoni is the Founder and CEO of Tive , a company that is re-imagining supply chain visibility with sensor-driven awareness and analysis tools of in-transit goods, from start to finish.

Supply Chain Design Software 221

Supply Chain Design Software Optimization Software Logistics Network Optimization Software Supply Chain Software 221

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.

Supply Chain Planning Software 145

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

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.

Purchasing Skills 112

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

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?

Material Savings 105

Material Savings Cost Reduction Price Reduction Expense Reduction 105

Logistics Viewpoints

NOVEMBER 18, 2024

One essential tool used by the supply chain team is supply chain design. Like many companies, the French multinational produces a significant amount of its products in low-cost nations. One key tool they use to accomplish this is a supply chain design solution from Coupa. Initially, regions generating lower revenue were modeled.

Supply Chain Design Software 115

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

SYSPRO Smarter ERP

JUNE 9, 2022

How much does it cost us to manufacture this product? Mid-market manufacturers need a tool that’s tailored to their needs. The BI tool needs to be able to easily pull all this data together for analysis. Manufacturers rely on data and their ERP platform to answer critical questions: What are our inventory levels?

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Design Software Modeling Software Supply Chain Software 98

The Logistics of Logistics

MAY 9, 2022

Ben Buchanan is the Vice President of Account Management at Loadsmart , a digital freight brokerage that leverages cutting-edge technology and strategic partnerships to help shippers and carriers move more with less. Instantaneous freight quotes created by a dynamic pricing tool that delivers the right price with guaranteed capacity.

Optimization Software 195

Optimization Software Freight Modeling Software Price Reduction 195

The Logistics of Logistics

JULY 2, 2021

Ben Buchanan is the Vice President of Account Management at Loadsmart , a digital freight brokerage that leverages cutting-edge technology and strategic partnerships to help shippers and carriers move more with less. Instantaneous freight quotes created by a dynamic pricing tool that delivers the right price with guaranteed capacity.

Freight 195

Freight Optimization Software Price Reduction Modeling Software 195

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.

Outsourcing 117

Outsourcing Optimal Sourcing Supply Chain Software Cost Reduction 117

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? Which tools should we use?

Sourcing Strategies 62

Sourcing Strategies Inventory Reduction Material Savings Cost Reduction 62

Turvo

OCTOBER 7, 2021

The volatility the market witnesses today has led supply chain stakeholders like shippers, carriers, and manufacturers to obsessively look at driving efficiencies into their workflow, while cutting costs. This technology also provides shippers with pricing data analytics tools to guide pricing decisions. . Cost Reduction.

Optimization Software 85

Optimization Software Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 85

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. L ogistics providers like Maersk are forced to announce blank sailings due to curtailed demand. This leads to insightful and resilient thinking. . – Tweet this. – Tweet this.

Supply Chain Planning Software 146

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

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.

Supply Chain Design Software 91

Supply Chain Design Software Supply Chain Design Distribution Networks 91

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?

Sourcing Strategies 117

Sourcing Strategies Optimization Software Optimal Sourcing Logistics Network Optimization Software 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. To make matters more complex, different departments also used their own method for estimating product costs.

Supply Chain Planning Software 127

Supply Chain Planning Software Purchasing Skills Cost Reduction Optimal Sourcing 127

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

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

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

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.

Manufacturing Procurement 105

Manufacturing Procurement Optimal Sourcing Expense Reduction Cost Reduction 105

Logistics Viewpoints

MARCH 25, 2021

Global trade regulations and conflicts, as well as tariff threats as a political tool, could cut off sources and markets and push your business plan into the red. The average cost of a data breach reached $3.86 Abrupt disruptions can drive prices sky-high, or a vital product may not be available at any cost.

Supply Chain Planning Software 127

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 127

Logistics Bureau

NOVEMBER 12, 2024

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. This involves using data and simulation tools to identify areas for improvement and implement changes that enhance efficiency and reduce costs.

Modeling Software 87

Modeling Software Supply Chain Design Software Supply Chain Planning Software Optimization Software 87

MTS Logistics

DECEMBER 20, 2023

Elastic logistics is becoming a shining example of efficiency and cost savings due to its capacity to dynamically react to changing demand by expanding or reducing operations. Let’s dissect the essential elements that make up this dynamic strategy: 1. Elastic logistics also ushers in a new era of supply chain resilience.

Supply Chain Software 105

Supply Chain Software Supply Chains Inventory Reduction Cost Reduction 105

SYSPRO Smarter ERP

APRIL 17, 2023

Unfortunately, without proper processing and analysis, this data is of little use to the organization. BI is a powerful tool that can help companies drive informed decisions, improve their planning processes, and maintain a competitive edge in the marketplace. This enables managers to take swift action and keep production on track.

Manufacturing Procurement 98

Manufacturing Procurement Optimal Sourcing Supply Chain Planning Software Optimization Software 98