Logistics Bureau

JULY 21, 2017

At the next Logistics Bureau Free Executive Breakfast (which will take place in August), I’ll be discussing the alignment of supply chain and business strategy along with eight other important levers for supply chain performance improvement. The Failing Kmart Business Strategy. The first Kmart store opened way back in 1962.

Cost Reduction 68

Cost Reduction Inventory Reduction Price Reduction Vendor Strategies 68

Logistics Bureau

DECEMBER 6, 2024

A plan is necessary, possibly based on one of the following strategies. Hidden Opportunities for Supply Chain Cost Reductions Of course hidden costs, if you can find them, mean hidden opportunities. Much depends upon the nature of your supply chain operation of course. Reverse Logistics Strategy 1: Don’t do it!

Reverse logistics 74

Reverse logistics Cost Reduction Vendor Strategies Inventory Reduction 74

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. Sins of Omission.

Expense Reduction 59

Expense Reduction Cost Reduction Price Reduction Strategy 59

IoT World Today

MAY 21, 2020

Supply chains will survive COVID-19, of course, but not without interim pain and structural change. Practitioners must develop a data analytics strategy that gives them insight into supply chain aberrations before catastrophe sets in. “If Companies can weigh risks based on multifactor analysis and act on data nearly in real time.

Supply Chain Planning Software 145

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

MTS Logistics

SEPTEMBER 6, 2024

As expected, this analysis reveals why China stands out as the most powerful maritime nation by a significant margin. Besides China’s undeniable first place, of course, other actors in maritime competition in Asia are also aiming to catch up or even surpass China.

Maritime 109

Maritime Presentation Analysis Course 109

FreightWaves SONAR

FEBRUARY 16, 2021

By using strong management and analysis processes, supply chains can maximize value and stay competitive. Of course, that all depends on seeing the activities that are occurring, benchmarking current carrier operations and continuously improving. Streamline data capture and analysis.

Supply Chain Software 98

Supply Chain Software Trucking Expense Reduction Resource Reduction 98

ShipLilly

NOVEMBER 1, 2021

A logistical analysis and important tips for businesses. Of course, there are those who have an aggressive business strategy right from the outset. If you take such a strategy, you must have a top-grade marketing strategy to open opportunities for your expansion. There are two sides to the cost-benefit analysis.

Outsourcing 98

Outsourcing Price Reduction Cost Reduction Resource Reduction 98

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. Sins of Omission.

Expense Reduction 48

Expense Reduction Cost Reduction Price Reduction Strategy 48

GlobalTranz

NOVEMBER 17, 2016

The most common complaint of newer companies using big data analytics capabilities tends to revolve around traditional questions of business strategy. Consider the following elements explains John Richardson of Inbound Logistics, that impact business strategy. Increasing order efficiency. Demand forecasts. The quantity of each product.

Supply Chain Design Software 115

Supply Chain Design Software Supply Chain Software Procurement Solutions Supply Chain Design 115

Logistics Viewpoints

NOVEMBER 11, 2021

Reporting to keep the inventory strategy fresh and supporting the goals of the organization. Is a replenishment strategy needed? Do a root cause analysis and correct the reason that drove the need to urgently replenish stock. Analysis will help resolve the need for unplanned activity in the future.

Inventory Reduction 107

Inventory Reduction Inventory Cost Reduction Material Savings 107

Ship Monk

MAY 20, 2021

Of course, we couldn’t let our entrepreneurial free spirits miss out on those numbers. Competitive Analysis. A competitive analysis is a great way to learn from the greats while also spotting potential structural weaknesses within your own business. #5. Those are all fill-in-the-blanks, of course. ??. #6.

How To 96

How To Price Reduction Course Analysis 96

GlobalTranz

APRIL 9, 2015

Now of course, this continues to strengthen the need for a hard look at how we handle the Highway Trust Fund and how we deal with aging infrastructure. Well, basically, because getting freight in a smooth matter is clearly important to helping combat the capacity crunch as it is and of course, moving forward. Wide shoulders.

Capacity 102

Capacity Transportation Cost Reduction Industry 102

GlobalTranz

MAY 11, 2015

You have, no doubt, heard of offshore manufacturing, or outsourcing, throughout the course of the previous decades. This is largely due to the role that social media and awareness through the Internet has played in the course of manufacturing. Cheaper Products From Alternate Economies. Let us know in the comments below!

Buyer Training 107

Buyer Training Resource Reduction Factories Course 107

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 98

Supply Chain Design Software Supply Chain Design Distribution Networks 98

Material Handling and Logistics

AUGUST 31, 2018

Of course, the investment is intended to impact the bottom line, but when employees feel that their organization cares about them and wants to make their lives better, they want to reciprocate and are more invested in the organization’s success. To simplify the issue, just think about how you can help current employees be successful.

Supply Chain Design Software 145

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 145

GlobalTranz

JULY 14, 2015

Take a look at how the IoT supply chain is changing the landscape in terms of equipment functionality, shipping processes, invoicing and payments, and analysis of trends. Analysis of Trends and Recommendations. In some cases, human intervention and input will be completely eliminated. IoT and Machine Functionality.

Supply Chain Software 103

Supply Chain Software Supply Chains Manufacturing Procurement Scenario Planning 103

Logistics Bureau

JANUARY 20, 2025

As youll 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, weve discovered that many companies lack a defined and documented supply chain strategy. A company without a supply chain strategy is at a competitive disadvantage.

Inventory Reduction 40

Inventory Reduction Resource Reduction Vendor Strategies Cost Reduction 40

GlobalTranz

MARCH 13, 2015

There are, of course, tactical metrics for accounting functions like viewing open and paid invoices or the ability to identify when shipments are due, but also must include strategic metrics and reports for more in-depth analysis. Lane Analysis. By Carrier On Time Performance. broken down by the current and past (12) Months.

Logistics Network Optimization Software 95

Logistics Network Optimization Software Transportation Cost Reduction Price Reduction 95

Logistics Bureau

DECEMBER 22, 2024

For this reason, KPIs are essential for any business improvement strategy. Of course, the big challenge in this type of external benchmarking is obtaining the necessary data, since many companies are wary of sharing performance data with potential competitors. Use weekly, monthly, and year-on-year data for your analysis.

Supply Chains 74

Supply Chains Procurement Analytics Inventory Reduction Purchasing Skills 74

Logistics Bureau

JANUARY 7, 2020

Of course, it is helpful to have some statistics on hand to validate the statement above. Supply chain strategy is critical to business success, but companies often underestimate its importance and hence pay it less leadership attention than other areas of operation. Supply Chain Strategy. What’s wrong with this picture?

Supply Chain Design Software 111

Supply Chain Design Software Supply Chain Design Inventory Reduction Cost Reduction 111

GlobalTranz

SEPTEMBER 8, 2017

In the course of operation, the business is exposed at multiple points across its stages of supply chain. Define your strategy and be open from the outset. Proper research and analysis. It is therefore of vital importance that you invest time in supplier analysis.

Supply Chain Software 83

Supply Chain Software Supply Chains Digital Waste Reduction 83

Logistics Bureau

MAY 31, 2021

Unless your company has already invested in the processes and technology to support the addition of online retail logistics to your channel strategy, attaining a single view of your inventory and customers could prove difficult. You will probably find, from your initial analysis, that your cost-to-serve follows the 80/20 rule.

Cost Reduction 98

Cost Reduction Purchasing Skills Expense Reduction Inventory Reduction 98

Logistics Viewpoints

FEBRUARY 24, 2022

Top brass can better align labor goals to corporate strategies, giving the organization a clear sense of purpose and direction. If a task runs off course, corrections can be made immediately. Best yet, accurate progress reports continue to feed your analysis. Long-term gains based on accurate historical reporting and analysis.

Supply Chain Planning Software 102

Supply Chain Planning Software Waste Reduction Cost Reduction Price Reduction 102

FreightWaves SONAR

FEBRUARY 18, 2021

Of course, increased profitability means knowing when to accept or reject a tender , and that information is invaluable for fleet asset management, including allocating equipment and drivers alike. . Become a stronger asset-based carrier with freight tech-driven hiring and retention strategies through freight data.

Waste Reduction 97

Waste Reduction Trucking Freight Optimization Software 97

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. Knowing your CTS per product and per customer also lets you better control different commercial strategies.

Purchasing Skills 93

Purchasing Skills Cost Reduction Supply Chain Planning Software Supply Chain Design Software 93

Logistics in War

NOVEMBER 13, 2017

Through the course of 2017, and because of my academic research, I have been extremely fortunate to interview a range of senior military officers and public servants. Strategy is a concept of relating means to end; it is complex and subtle and is about thinking, vision, learning as opposed to planning. By David Beaumont.

Negotiating Skills 75

Negotiating Skills Sourcing Strategies Resource Reduction Military 75

MTS Logistics

AUGUST 14, 2023

Severe weather conditions require flexibility and preparedness, prompting ships to change course or delay voyages to escape the force of nature. Hurricanes and typhoons disrupt schedules, damage vessels, and endanger crew members. Challenge 4: Insurance Challenges The rise of extreme weather events creates dilemmas for the insurance industry.

Maritime 98

Maritime Temperature Exercises Scenario Planning 98

GlobalTranz

NOVEMBER 11, 2016

In other words, they have actually used data analysis to realize what does and does not improve profit margins. For example, an analysis of fuel efficiency may require information on road conditions, tire pressure and octane ratings. This is exactly the point behind big data. . Why Is Everyone Interested in Big Data? .

Supply Chain Software 92

Supply Chain Software Supply Chains Data Sourcing Strategies 92

Logistics Bureau

MAY 24, 2021

It’s a good one to consider, and perhaps an appropriate stimulus for companies to review inventory performance and revise their strategies. If anything, the unprecedented disruptiveness of the COVID crisis has highlighted the flaws in traditional methods of inventory calculation, which are based mainly on historical demand analysis.

Inventory Reduction 98

Inventory Reduction Inventory Supply Chain Planning Software Supply Chain Software 98

UL EHS- Sustainability

OCTOBER 31, 2019

But the most successful learning and development teams also understand how to measure the success of each training course and react accordingly. A training needs analysis (TNA) will identify where employee training can make a meaningful contribution towards improving performance. When conducting a TNA: 1.

Buyer Training 40

Buyer Training Optimal Sourcing Expense Reduction Cost Reduction 40

FreightWaves SONAR

JANUARY 5, 2021

Carriers simply need to know where to send trucks and the proper freight rating or pricing strategies to use. Of course, it is also critical to apply data across all activities to identify which loads are ripe for the taking. Even with that information, there is still room for improvement. Carriers have a finite amount of capacity.

Data 88

Data Price Reduction Freight Resource Reduction 88

FreightWaves SONAR

MARCH 4, 2021

Cost reduction strategies in supply chain management remain focused on getting loads from point A to point B as fast and as affordable as possible. And of course, customer satisfaction remains an absolute must, so speed, accuracy and cost remain critical aspects.

Price Reduction 97

Price Reduction Cost Reduction Expense Reduction Waste Reduction 97

AIMMS

JULY 15, 2019

When they had a production issue at one of their plants, they were able to quickly simulate the impact of the problem on their volume and EBITDA and decide on the best course of action. Within a few months they moved from spreadsheets and silos to looking at real-ti me scenarios in monthly planning meetings. A focus on Digital Twins .

Supply Chain Planning Software 107

Supply Chain Planning Software Scenario Planning Modeling Software Gartner 107

Blue Grace Logistics

JULY 27, 2021

We explore how predictive analytics and big data with human sentiments can add value and amplify their supply chain strategies. Approaching a demand analysis with historical data and seasonal variations is no longer competent. With demand forecasting being complex, it is easy to lose supply chain visibility. billion by 2022.

Procurement Analytics 62

Procurement Analytics Supply Chain Planning Software Supply Chain Software Supply Chain Design Software 62

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. Identify Bottlenecks : Pinpoint areas where operations slow down or become inefficient, and develop strategies to address these issues.

Modeling Software 72

Modeling Software Supply Chain Design Software Supply Chain Planning Software Optimization Software 72

FreightWaves SONAR

DECEMBER 30, 2020

This remains key to the overall success of investments within supply chain analysis. And pre-emptive strategies that help isolate and address real-time problems will inevitably rely on real-time freight data and easy-to-access systems. Of course, that’s another challenge.

Supply Chain Planning Software 98

Supply Chain Planning Software Data Supply Chain Software Transportation 98

Logistics Viewpoints

FEBRUARY 28, 2022

In the course of updating our annual research on the supply chain planning market , I talked to executives across the industry. Alex Pradhan, Product Strategy Leader John Galt Solutions, told me that “all planning vendors have bold marketing around AI.” However, this kind of AI does not work out of the box. Final Thoughts.

Supply Chain Planning Software 140

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 140