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

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 102

Inventory Reduction Waste Reduction Cost Reduction Supply Chain Planning Software 102

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

Throughout her career, Sarah has been recognized for developing and executing sales strategies that help clients choose the best products for their needs. DAT.com provides real-time information on trucking rates, capacity, and market trends, allowing users to make informed decisions.

Supply Chain Planning Software 397

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

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

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

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 153

Optimal Sourcing Analysis Procurement Analytics Purchasing Skills 153

Logistics Viewpoints

JUNE 26, 2024

Various trends influence the Geospatial Information Systems market: the adoption of digital technologies, out-of-the-box GIS offerings, cloud and mobile deployments, and location-based analytics. So, when I learned that GIS can effectively be used for traffic analysis and management, my interest piqued. How Does GIS Help?

Sourcing Strategies 176

Sourcing Strategies Optimization Software Optimal Sourcing Logistics Network Optimization Software 176

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. It’s that simple.

Sourcing Strategies 98

Sourcing Strategies Cost Reduction Supply Chain Planning Software Optimization Software 98

Logistics Viewpoints

JUNE 4, 2024

Recent statistics have revealed a surge in sales across the United States , indicating a growing trend that has caught the attention of both consumers and retailers alike. The tart cherry juice mocktail represents just one of the many trends started by social media accounts on platforms like TikTok and Instagram.

Inventory Reduction 171

Inventory Reduction Supply Chain Planning Software Inventory Waste Reduction 171

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

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 191

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 191

3PL Links

MARCH 29, 2023

Image Source: Pexels | Exploring Top 10 Logistics Trends for 2023 and Beyond The adoption of new technology will modernize your company, ensure strong competitive advantages, and make jobs that before looked difficult efficient and productive. Image Source: Pexels | Exploring Top 10 Logistics Trends for 2023 and Beyond 6.

Trends 107

Trends Supply Chain Design Software Logistics Network Optimization Software Optimal Sourcing 107

Logistics Viewpoints

DECEMBER 1, 2022

Let’s take a look at what happened with the major themes, as well as the research and analysis we conducted in 2022 to help determine what those themes will look like in 2023. The only bright note is that shipping costs will be a fraction of what they were over the last several years. Despite many calling for U.S. Figure 1: U.S.

Cost Reduction 169

Cost Reduction Resource Reduction Supply Chain Planning Software Logistics Network Optimization Software 169

Shipchain

FEBRUARY 26, 2019

According to EFT’s Supply Chain Hot Trends to Watch for in 2019 , one of the most significant trends that we should be paying attention to this year is automation. Judging by the speed with which the industry embraces new technological trends, there will undoubtedly be some obstacles to overcome before it becomes prevalent.

Supply Chain Software 109

Supply Chain Software Supply Chains Automation Trends 109

The Logistics of Logistics

MAY 8, 2023

Shane began his career working with the Wal-Mart Innovation Network, a group dedicated to providing market feasibility analysis to inventors and innovators. Square1 Logistics offers customizable solutions tailored to the unique needs of each client, ensuring optimal efficiency and cost-effectiveness.

3PL 370

3PL Logistics Network Optimization Software Buyer Training Distribution 370

Logistics Viewpoints

JANUARY 3, 2022

The devices are surprisingly inexpensive, costing $350-500 per vehicle per year depending upon the volume of devices purchased. These kinds of solutions have been available for a few years and customers report robust reductions in safety incidents. Drivers account for 40 percent of the cost of the freight move.

Trucking 183

Trucking Trends Modeling Software Logistics Network Optimization Software 183

Logistics Viewpoints

JANUARY 26, 2021

Fifty-two percent of respondents are working on individual digital projects but lack an overarching strategy that links all these efforts. While creating a demand-driven supply chain means ingesting and interpreting large volumes of data, advances in cloud computing and edge computing make data-based decision making easy and cost-effective.

Supply Chain Software 168

Supply Chain Software Supply Chain Planning Software Definition Supply Chains 168

Logistics Viewpoints

JUNE 8, 2023

Technology for All In a retail era dominated by e-commerce giants, customer expectations have shifted towards instant product delivery at no cost. Previously, only large companies such as Amazon and FedEx possessed the network and scale required for cost-effective same-day and next-day shipping.

Modeling Software 158

Modeling Software Optimization Software Supply Chain Design Software Logistics Network Optimization Software 158

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. Globalization, nearshoring and friendshoring trends are amplifying the supply chain risks. What’s the cost of doing nothing?

Supply Chain Design Software 168

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Supply Chain Software 168

Logistics Viewpoints

FEBRUARY 22, 2022

The role of logistics in modern companies is not only to support corporate strategy but also to enable it. How about your need for a seamless corporate transportation analysis? Logistics data validation results in fewer manual errors and greater cost accuracy. Analyze and track your carbon footprint using logistics data.

Data 150

Data Logistics Network Optimization Software Supply Chain Planning Software Cost Reduction 150

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. Read also: Revolutionizing the Industry: Discover the Top 3 Logistics Trends for 2023! What are the company’s goals?

Sourcing Strategies 62

Sourcing Strategies Inventory Reduction Material Savings Cost Reduction 62

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. In most industries, supply chain logistics account for 5% to 50% of a product’s total cost.”

Cost Reduction 105

Cost Reduction Tips Expense Reduction Supply Chain Planning Software 105

MTS Logistics

DECEMBER 12, 2022

Increases in fuel, disruptions in supply chain and rising labor costs have severely impacted business’ margins. Various factors will continue to influence Supply Chain Management trends in 2023 and beyond. Increasing Supply Chain and Delivery Costs. Today, less demand for truck capacity results in lower trucking rates.

Supply Chain Software 105

Supply Chain Software Supply Chains Trends Cost Reduction 105

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

CH Robinson Logistics

FEBRUARY 10, 2022

Making the most out of today’s challenging supply chain trends requires a deep understanding of the market and timely information that helps you achieve a competitive advantage. Q1 2022 Supply Chain Trends and Hot Topics. In our first Market Insights Live! Thanks again to everyone who attended live and those who asked questions.

Supply Chain Planning Software 101

Supply Chain Planning Software Supply Chains Trends Price Reduction 101

MTS Logistics

DECEMBER 15, 2023

Within the project cargo sector, there is a growing trend in infrastructure development investments that are driving the demand for project cargo services. Automation and advanced cargo handling equipment in project cargo is also helping by slashing shipping times and even nearly eliminating errors.

Trends 98

Trends Cargo Supply Chain Software Logistics Network Optimization Software 98

Logistics Viewpoints

APRIL 11, 2023

The post-COVID-19 (if we can claim to be post COVID) “new normal” will continue to be defined by new challenges and more importantly by the ability of the supply chain executives to manage disruption and their ability to power organization strategy and growth. Capabilities you should be looking for to enable decision focus.

Supply Chain Planning Software 158

Supply Chain Planning Software Scenario Planning Supply Chain Design Software Modeling Software 158

Logistics Viewpoints

APRIL 14, 2023

And now, as the company continues to look at ways to cut costs, it has instituted a new fee for some returns when using a UPS Store. Previously, customers could drop off non-defective or undamaged items at UPS Stores without any cost. And now on to this week’s logistics news. This fee will be deducted from the refund amount.

Logistics Network Optimization Software 158

Logistics Network Optimization Software Cost Reduction Manufacturing Procurement Inventory Reduction 158

MTS Logistics

DECEMBER 16, 2022

This was a steady increase from that point on, but pushed even further because of the pandemic, and it does not seem as if this trend will subside. Essentially, faster shipping times can equate to overall long-term lower costs. The shipping cost of goods to the U.S. The post A Changing Trend in Points of Entry for U.S.

Trends 104

Trends Supply Chain Software Expense Reduction Cost Reduction 104

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

SYSPRO Smarter ERP

JANUARY 30, 2023

While there will be many innovations in 2023, here are eight trends for manufacturers to focus on when planning their digital future. ERP system s will be critical because all that data can be stored and then output as dashboards and reports that will enable analysis to improve processes and cut costs.

ERP 105

ERP Supply Chain Planning Software Optimization Software Supply Chain Software 105

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

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.

Price Reduction 115

Price Reduction Cost Reduction Survey Availability 115

Logistics Viewpoints

DECEMBER 6, 2021

And with these increased prices, you see potential profits for logistics service providers and freight cost pressures for importers. And we’ve seen vessel carriers turning away less profitable business, resulting in the elimination of some ports of call (and a lower willingness to move) less profitable commodities.

Supply Chain Software 207

Supply Chain Software Supply Chains Logistics Network Optimization Software Price Reduction 207

SYSPRO Smarter ERP

MAY 2, 2024

ERP trends 2024 – achieving business success through the use of innovative technologies Now that Artificial Intelligence and Machine Learning are firmly established, we expect to see a massive take-up of these technologies by manufacturers in 2024. The other emerging area around AI in ERP focuses on trend analysis and forecasting.

ERP 59

ERP Supply Chain Planning Software Modeling Software Optimization Software 59

MTS Logistics

FEBRUARY 5, 2024

Autonomy to Make Decisions Quickly Its autonomy allows drones to navigate around traffic congestion and logistical obstacles, leading to more efficient delivery routes and reduced overall delivery times. While initial investments are necessary, drones have the potential to lower labor costs by operating continuously without breaks.

Trends 111

Trends Supply Chain Software Cost Reduction Material Savings 111