Logistics Viewpoints

NOVEMBER 11, 2021

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. Here are a few tips: Cycle counting will keep the systemic and physical inventory coordinated. Both need to be executed efficiently and without error.

Inventory Reduction 115

Inventory Reduction Inventory Cost Reduction Material Savings 115

FreightWaves SONAR

APRIL 8, 2021

Predictive data analysis allows managers to tweak and adjust route optimization and shipping protocols to accommodate market demands. Shifting to another route might add 60 minutes to the delivery time, but it also highlights a much better option than staying on course and being delayed for hours due to a weather anomaly.

Optimization Software 98

Optimization Software Optimization Data Supply Chain Planning Software 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. The key determinant of when and how you start outsourcing is a detailed cost-benefit analysis. There are two sides to the cost-benefit analysis.

Outsourcing 98

Outsourcing Price Reduction Cost Reduction Resource Reduction 98

Ship Monk

APRIL 5, 2024

Of course, it wouldn’t be a business strategy if there weren’t a couple more acronyms to learn. SRM is more than a one-and-done analysis. Tips for Evaluating Supplier Relationships The biggest obstacle to a positive relationship with your suppliers is the constant focus on negotiating a deal. If so, good on you!

Negotiate Pricing 105

Negotiate Pricing Negotiating Skills eCommerce Purchasing Skills 105

WorkWave

MAY 24, 2024

Of course topics like due diligence, deal structure and valuation matter, but are there other variables you should be factoring into the equation outside of the money? With a background in playing professional soccer with MLS’s FC Dallas, Cano brings a unique strategic perspective to corporate development and financial analysis.

Negotiating Skills 98

Negotiating Skills Buyer Training Purchasing Skills Modeling Software 98

Log-hub

JANUARY 8, 2025

JOIN NOW Prioritize Cost-to-Serve Analysis Do you know the true cost of serving each customer? This could mean basic training in data analysis or advanced courses in AI applications. With free bi-weekly updates, youll get straightforward insights, practical tips, and real-world examples to keep your business ahead of the game.

Optimal Sourcing 40

Optimal Sourcing Waste Reduction Inventory Reduction Resource Reduction 40

Logistics Bureau

MAY 31, 2021

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. Detailed cost-to-serve analysis can be complex and time-consuming, so it’s a good idea to break the task down by priority and target specific areas on which to concentrate.

Cost Reduction 98

Cost Reduction Purchasing Skills Expense Reduction Inventory Reduction 98

GlobalTranz

APRIL 30, 2015

Top carriers will have dedicated classroom space, a well thought-out training course, and experienced instructors. When you’re on-site, simply ask to review their training course to get an idea of how well it is preparing your carrier’s employees to work with your company. How do you spot supplier risk with your carriers?

Buyer Training 93

Buyer Training Training Security Logistics Network Optimization Software 93

Logistics Bureau

NOVEMBER 12, 2024

That being said, it’s not always easy to know where to begin, so here are a few tips to help you get a well-structured, methodical, warehouse review/redesign process under way. Optimize Operations : Use the insights gained from your analysis to implement changes that improve efficiency.

Modeling Software 72

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

Logistics Bureau

MAY 24, 2021

The tips and ideas that follow should be helpful if you’re at that point of taking a long, hard look at your company’s inventory policy. 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

Freightos

JANUARY 17, 2017

The 90% percentile prices, of course, stayed the same. Fortune 500 tech developments are only the tip of the iceberg though. An army of LogTech startups, focusing on tracking, data analysis, freight marketplaces and more, are emerging: backed by over $5 billion dollars in investments in 2016. What It All Means.

Freight 18

Freight Price Reduction Supply Chain Design Software Cost Reduction 18

SYSPRO Smarter ERP

JANUARY 19, 2022

This is to avoid more costly routes such as the Panama Canal or taking the long haul around the tip of Africa or South America. Of course, the key to success is being able to analyze that data so that you can get the maximum value out of it. The benefits of ERP.

Manufacturing Procurement 105

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software Supply Chains 105

GlobalTranz

MAY 18, 2015

Of course, there will be monetary costs associated with hiring another company, and there is even a tipping point when using a 3PL may be cost ineffective. But don’t take this question at face value: we’re not just talking about how choosing a 3PL service provider will affect the bottom line.

3PL 93

3PL Logistics Network Optimization Software Outsourcing Cost Reduction 93

Blue Grace Logistics

JULY 21, 2020

Of course, the first step in this process is often the most daunting. We encourage you to listen to our free Webinar about the Three M’s to get a more in-depth understanding of the process as well as to take advantage of our free supply chain analysis to see how BlueGrace can help you to improve and optimize your operations.

Optimal Sourcing 62

Optimal Sourcing Supply Chain Planning Software Cost Reduction Supply Chain Software 62

Logistics Bureau

NOVEMBER 15, 2018

But here is a tip… Be cautious when dealing with international customers, whose cultural or religious beliefs may drive specific requirements. The two common approaches to assessment are: A) Quantitative analysis: Return on investment, payback, cost per order to supply, cost per order cubic metre to name just a few.

Supply Chain Design Software 85

Supply Chain Design Software Supply Chain Design Distribution Supply Chain Planning Software 85

Conger

JULY 20, 2020

Of course not. Bonus Tip : The Fair Labor Standards Act prohibits anyone under 18 years old from operating forklifts in non-agricultural environments. With lots of options and aggressive marketing for online certification courses, you've probably had this question cross your mind. You came here for the short, sweet answer.

How To 63

How To Buyer Training Training Course 63

Logistics Viewpoints

MARCH 4, 2021

Considering this surge in digital transformation and the changing needs of 2021, here are some insights and tips for embarking on Supply Chain Digital Transformation projects. Of course, autonomous planning does not happen overnight, and it is not just about having the technology. Digital Transformation Journey.

Supply Chain Planning Software 116

Supply Chain Planning Software Scenario Planning Supply Chain Software Optimal Sourcing 116

Logistics Bureau

DECEMBER 19, 2022

Of course, as this is an ultimate guide to product slotting, it would only be fitting to leave you with a statement about the cost benefits if it includes an explanation of how they come about. Those calculations, of course, will necessitate using some digital software. 4 Bonus Slotting Tips. Pretty good, right?

Production 98

Production Inventory Reduction Cost Reduction Resource Reduction 98

Logistics Bureau

FEBRUARY 28, 2019

In an attempt to help you keep your supply chain organisation from analysis paralysis, metric manipulation, or measurement misnomers, I decided to use this post to share nine important guidelines, or golden rules, for benchmarking your business and monitoring performance using meaningful supply chain KPIs.

Supply Chain Software 75

Supply Chain Software Supply Chains Sourcing Strategies Scenario Planning 75

3PL Insights

MAY 23, 2016

With thorough analysis of the customer journey through your website, you’ll be able to better isolate the issues that are causing potential buyers to leave or even get so far as to abandon a full shopping cart. Conclusion.

Optimization 71

Optimization Purchasing Skills Video Purchasing 71

Logistics Bureau

AUGUST 7, 2023

Standardise and Digitise The key to managing complexity, of course, is to be organised. Any shortfalls in the system will typically result in overselling, leading to stock-outs , and overstocking , which ties up working capital unnecessarily and can result in wasteful obsolescence issues.

Inventory Reduction 98

Inventory Reduction eCommerce Inventory Procurement Solutions 98

Logistics Bureau

NOVEMBER 6, 2023

Of course, there is no quick and easy way to curb increases in the cost of energy and labour, but now is an excellent time to start thinking about practical ways to reduce energy usage and increase labour productivity and efficiency. LMS applications can help with real-time workforce tracking, performance analysis, and scheduling.

Cost Reduction 98

Cost Reduction Purchasing Skills Waste Reduction Material Savings 98

Blue Grace Logistics

SEPTEMBER 20, 2018

Long Haul (over 800 miles) The long haul runs are also affected by the ELD mandate, of course, but many carriers operating these runs were already in compliance. . Analysis with BlueGrace . If all of the conversations you’re having internally are about rates, you’re having the wrong conversation. “If

Capacity 48

Capacity Negotiating Skills Optimal Sourcing Vendor Strategies 48

Blue Grace Logistics

MAY 12, 2020

The report provides an analysis of the VMT tax, including the tax base, the rate structure, the revenue that would be generated, and the implementation methods. Although costs are uncertain, capital and implementation costs would, of course, cannibalize a portion of the revenue. The CBO Report. The Battle.

Trucking 62

Trucking Cost Reduction RFID Freight 62

Logistics Bureau

JANUARY 25, 2017

Of course, generally, you should not expect to get more out of networking than what you put into it. As in other domains, data analysis and business intelligence requirements and opportunities are now on the rise. Customers, conferences, and colleagues past and present are all possibilities for sharing insights and information.

Negotiating Skills 75

Negotiating Skills Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 75

Logistics Bureau

JUNE 12, 2017

That’s going to vary from company to company based on your existing performance of course. So here are my Top 8 Supply Chain Tips. I’ll make these tips simple, and add some videos, so we don’t end up with a 20,000 word article, but you’ll find lots more detail on each one in this Blog if you use the search box.

Supply Chain Design Software 40

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Supply Chains 40

Logistics Bureau

OCTOBER 12, 2020

In an attempt to help you keep your supply chain organisation from analysis paralysis, metric manipulation, or measurement misnomers, I decided to use this post to share nine important guidelines, or golden rules, for benchmarking your business and monitoring performance using meaningful supply chain KPIs.

Supply Chain Software 52

Supply Chain Software Supply Chains Material Savings Sourcing Strategies 52

Blog on Log

JANUARY 30, 2007

Here are 10 tips to help you get exactly what you need from your 3PL relationship. Have personnel at your provider's fulfillment center attend your proprietary quality training course. Rush the process, and you will get a quick answer…not thorough analysis. Give them extra systems training when you upgrade.

Logistics Network Optimization Software 40

Logistics Network Optimization Software 3PL Logistics Modeling Software 40

Ship Monk

APRIL 28, 2023

And these positive, Earth-protecting assertions are only the tip of the doesn’t-have-to-melt iceberg. It requires a lot of introspection and critical analysis of your operation. Another survey found that 73% of global consumers would “definitely” or “probably” change their buying behavior to reduce environmental impact.

eCommerce 97

eCommerce Waste Reduction How To Material Savings 97

Logistics Bureau

JULY 21, 2017

While a number of factors are doubtless contributing to the Kmart demise, only a minor amount of analysis is required to identify supply chain misalignment as being one of the primary issues, which the company has never managed to correct. 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

Ship Monk

MARCH 2, 2023

When you are determining if floor-loaded shipping is right for your ecommerce business, we’d advise a cost analysis that compares time and labor costs against savings from not having to purchase pallets. But of course, because of the added materials, palletized shipping tends to be pricier than floor-loaded shipping.

Material Savings 52

Material Savings eCommerce Cost Reduction Inventory Reduction 52

Logistics in War

JULY 8, 2023

Supply chain resilience is, of course, a part of this narrative – as we are reminder every time we hear about guided-weapons or military fuels. Guided-weapons and fuel enterprises are the tip of a proverbial iceberg with respect to the type of national support arrangements needed to insure logistics sovereignty.

Supply Chain Planning Software 48

Supply Chain Planning Software Military Supply Chain Design Software Supply Chain Design 48

WorkWave

SEPTEMBER 2, 2021

Tips for Starting a Home Delivery Business. Below are some of the tips to consider when starting a delivery business: Establish Your Niche. There are various helpful tips out there you can use on how to buy a delivery route. Of course, the ideal business plan includes thorough research on these various aspects of your business.

Logistics Network Optimization Software 52

Logistics Network Optimization Software How To Optimization Software Procurement Solutions 52

Conger

JANUARY 17, 2023

Read our complete guide on warehouse safety: Warehouse Safety: OSHA Guidelines, Statistics & 10 Top Tips Why 5S? There is no formal 5S training, but you can find courses online with 5S certification. Provide glow-in-the-dark tape to help keep workers safe. Move them around the warehouse areas if the power goes out.

Waste Reduction 52

Waste Reduction Inventory Reduction Cost Reduction Resource Reduction 52

Logistics Bureau

MAY 8, 2023

By neglecting or underestimating the need for meaningful analysis, they typically fail to attain anything like the value they might receive with effective carrier management. You must evaluate the option in detail to know if it presents more pros than cons or vice versa.

Negotiating Skills 52

Negotiating Skills Cost Reduction Resource Reduction Price Reduction 52

GlobalTranz

MARCH 3, 2016

Turning on your business know-how is important too, because you need careful analysis and critical thinking to make the best of existing opportunities. We asked David from LoadTraning how much time one would have to set aside to pass a freight broker course as well as some hands-on training.

Negotiating Skills 51

Negotiating Skills How To Buyer Training Freight 51

Ship Monk

OCTOBER 24, 2023

The previous tip touched on the importance of customer reviews; allow us to emphasize that point now. 7 Excellent Customer Service Of course getting someone to order one of your products is the pivotal part of your business. 2 Customer Reviews Ever heard of social proof?

eCommerce 64

eCommerce Eliminating Excel in Purchasing Procurement Solutions Buyer Training 64