Logistics Viewpoints

JANUARY 31, 2022

Let’s put a major multinational – Saint-Gobain – under the microscope to illustrate how this kind of analysis. Saint-Gobain designs, manufactures, and distributes materials and solutions for the construction, mobility, healthcare and other industrial application markets. Who is Saint-Gobain? Compagnie de Saint-Gobain S.A.

Material Savings 111

Material Savings Cost Reduction Price Reduction Expense Reduction 111

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. Complete one-on-one meetings.

Vendor Strategies 96

Vendor Strategies Inventory Reduction Cost Reduction Waste Reduction 96

GlobalTranz

SEPTEMBER 3, 2015

Efficiency begets costs savings, and let's be honest, we are all looking for ways to do that! A thorough analysis of Design for Manufacture and Assembly (DFMA) is just one tactic you can use to find success within the constructs of the chain. We wanted to see if DFMA could aid in other ways to save on total costs in the supply chain.

Cost Reduction 101

Cost Reduction Supply Chain Design Software Supply Chain Design Material Savings 101

Logistics Viewpoints

AUGUST 29, 2024

By collaborating closely with suppliers and carriers, managers can establish uniform carton dimensions that minimize the need for excessive packaging materials. Standardized carton sizes also facilitate more efficient stacking and storage within the warehouse, reducing space utilization and improving overall operational flow.

Waste Reduction 119

Waste Reduction Optimal Sourcing Sourcing Strategies Resource Reduction 119

Logistics Business Magazine

OCTOBER 10, 2024

With a service life of over ten years and a high proportion of recycled material, they reduce resource consumption and the need for new transport solutions. Analysis of the supply chain The first step is to assess whether it makes sense to switch to reusable plastic packaging for your own application.

Packaging 52

Packaging Material Savings Supply Chain Design Software Transportation 52

MTS Logistics

MARCH 13, 2024

In its own words, Cargill says the results “underscore the potential” for wind to change the trajectory of the shipping industry and its quest to reduce emissions for a greener future. In fact, these “sails” are made from the same material used to produce the blades for wind turbines used by wind farms.

Examples 105

Examples Material Savings Sourcing Data 105

Logistics Viewpoints

SEPTEMBER 19, 2023

Risk events that happen in one part of the supply chain can cause a disruptive effect that is amplified multi-fold given the complex connectivity of labor, raw materials, and capacity. The bullwhip effect is one example of this disruptive effect, when small changes in demand cause huge demand spikes downstream.

Supply Chain Design Software 119

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Supply Chain Software 119

Logistics Viewpoints

AUGUST 15, 2024

The digital twin, for example, can be subjected to numerous stress tests that mimic real-world conditions and observe how different variables interact and impact the entire network. Supply chain policies and configurations are tested and leverage reinforcement learning to yield the best possible strategies.

Scenario Planning 124

Scenario Planning Supply Chain Planning Software Sourcing Strategies Optimal Sourcing 124

SYSPRO Smarter ERP

APRIL 8, 2025

In manufacturing, performance improvement, cost reduction and process optimization are crucial. Industrial engineers have used heuristics-based rules, what-if analysis, and physics-based simulation to get predictive and prescriptive insights for several years. Select the right tool. An AI model is only as good as its data.

ERP 52

ERP Supply Chain Design Software Modeling Software Optimization Software 52

Logistics Bureau

APRIL 8, 2016

The Key Supply Chain Challenge of Cost Reduction. Cost savings flow directly to the bottom line. If net profit on sales is 5%, for example, a reduction in supply chain costs from 9% to 4% (or from 12% to 7%) will double net profits. The field for potential reductions is wide open. And What Should It Cost You?

Cost Reduction 61

Cost Reduction Material Savings Inventory Reduction Price Reduction 61

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. What Can You Outsource, and What Should You Outsource?

Outsourcing 98

Outsourcing Optimal Sourcing Supply Chain Software Cost Reduction 98

Material Handling and Logistics

JANUARY 22, 2019

The data these investors and purchasers gather from CDP is crucial to inform their decision making, help them engage with companies, reduce risks and identify opportunities. “ million (US$3.6 billion (US$4 million). million (US$3.6 billion (US$4 million).

Material Savings 107

Material Savings Manufacturing Procurement Purchasing Skills Cost Reduction 107

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

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

SYSPRO Smarter ERP

NOVEMBER 8, 2021

According to McKinsey , the value of goods traded globally has tripled to more than US$10 trillion since 2000, and because of recent events, they are having to re-evaluate supply chain strategies. Unfortunately, the state of disruption to the current landscape has never been contemplated and very few strategies exist to navigate it.

Supply Chain Planning Software 116

Supply Chain Planning Software Supply Chain Software Supply Chains Sourcing Strategies 116

Logistics Bureau

MAY 31, 2021

Let’s begin with a look at why, in general, retailers with multiple sales channels are more likely to experience difficulties in reducing cost-to-serve. For example: Compared to selling a product in-store, the cost to deliver that same item as a small parcel can be several times higher. High Cost to Serve: It’s an Omnichannel Problem.

Cost Reduction 98

Cost Reduction Purchasing Skills Expense Reduction Inventory Reduction 98

GlobalTranz

OCTOBER 5, 2015

Thus, in the global supply chain, exploiting the opportunity presented by the Internet of Things technology can improve: revenue growth, asset utilization, waste reduction, customer service, profitability, sustainability, security, risk mitigation, working capital deployment, agility and. Predictive capabilities and modeling to reduce costs.

Optimal Sourcing 111

Optimal Sourcing Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 111

GlobalTranz

APRIL 22, 2015

In this infographic you will learn, for example, that the global market value for logistics has surpassed $4trillion. In other words, logistics is defined as a business planning framework for the management of material, service, information and capital flows. Today, we bring you yet another infographic.

Global logistics 116

Global logistics Material Savings Cost Reduction Supply Chain Planning Software 116

Material Handling and Logistics

JANUARY 8, 2018

For example, an analysis carried out by AIR on the potential impact of Hurricane Harvey on regional manufacturing found that, based on percentage of the total potential revenue loss, the top three subsectors are petroleum and coal products manufacturing (37%), chemical manufacturing (13%), and oil and gas extraction (12%).

Supply Chains 142

Supply Chains Cost Reduction Examples Events 142

Talking Logistics

JUNE 21, 2018

Virtually all industries today are undergoing digital transformation, but the opportunities for cost savings, as well as productivity and service improvements, are arguably greatest in the Heavy Building Materials (HBM) industry because of all of their current manual and paper-based processes. Kyle provided an example. “If

Material Savings 72

Material Savings Digital Industry Cost Reduction 72

GlobalTranz

MAY 6, 2015

Reduce Lead Time. Reducing inbound and outbound transportation logistics gets us closer to customer demand which results in reduced reliance on forecasting, increased flexibility, and reduced waste of”overproduction”. Increase Velocity, Throughput and Reduce Variation. Inventory velocity and inventory reduction.

Supply Chain Planning Software 127

Supply Chain Planning Software Waste Reduction Inventory Reduction Supply Chain Software 127

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

Logistics Bureau

JANUARY 7, 2020

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. In other words, the majority did not recognise the need for close alignment between supply chain and general business strategies.

Supply Chain Design Software 111

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

Logistics Viewpoints

MARCH 27, 2025

The pace and scope of supply chain disruption are beyond human cognition, manual analysis, and consumer-grade spreadsheet tools. They have real-time visibility into inventory levels, movements and purchase orders across all trading partners in the multi-tier network from raw materials to warehouse to retail shelf or consumer doorstep.

Supply Chain Planning Software 132

Supply Chain Planning Software Optimization Software Supply Chain Software Logistics Network Optimization Software 132

SYSPRO Smarter ERP

MARCH 2, 2022

Just-in-time focuses on having materials arrive just as production is scheduled to begin. To mitigate the risk of unexpected supply chain disruptions, sourcing strategies will need to be revised. The quality of goods received may not be as easy to control and procurement may not know about the quality of materials until they arrive.

Optimal Sourcing 116

Optimal Sourcing Manufacturing Procurement Supply Chain Planning Software Supply Chain Software 116

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. Is Our Warehouse Lighting Energy Efficient? Are We Lighting Our Warehouse Spaces Unnecessarily?

Cost Reduction 98

Cost Reduction Purchasing Skills Waste Reduction Material Savings 98

SYSPRO Smarter ERP

OCTOBER 20, 2021

The second step will be to convert all critical business data produced going forward that requires analysis to be collected going forward. In the factory environment, one example is the digitization of records for a more efficient method of record keeping, thereby improving the batch traceability process.

Digital 133

Digital Factories Supply Chain Planning Software Supply Chain Software 133

Logistics Viewpoints

FEBRUARY 28, 2022

Alex Pradhan, Product Strategy Leader John Galt Solutions, told me that “all planning vendors have bold marketing around AI.” Lead times, for example, are a critical form of master data for planning purposes. The processing units in an oil refinery, for example, operate at high temperature and high pressure.

Supply Chain Planning Software 141

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 141

Logistics Bureau

DECEMBER 22, 2024

A KPI is a practical and objective measurement of progress, either: Towards a predetermined goal, or Against a required standard of performance It might help to think of a KPI as something like an instrument on a car dashboarda speedometer, for example. For this reason, KPIs are essential for any business improvement strategy.

Supply Chains 74

Supply Chains Procurement Analytics Inventory Reduction Purchasing Skills 74

Log-hub

MAY 22, 2024

In today’s complex and interconnected global economy, managing supply chains has evolved into a sophisticated discipline that requires advanced tools and strategies. TIER 3 AND BEYOND : Further upstream suppliers contributing raw materials or components used by Tier 2 suppliers. AI can play an important role in inventory optimization.

Optimal Sourcing 52

Optimal Sourcing Optimization Software Material Savings Supply Chain Planning Software 52

Log-hub

MAY 22, 2024

In today’s complex and interconnected global economy, managing supply chains has evolved into a sophisticated discipline that requires advanced tools and strategies. TIER 3 AND BEYOND : Further upstream suppliers contributing raw materials or components used by Tier 2 suppliers. AI can play an important role in inventory optimization.

Optimal Sourcing 52

Optimal Sourcing Optimization Software Material Savings Supply Chain Planning Software 52

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. Reduce your dunnage. Make an in-depth cost analysis. One of the most common questions I get asked is, How can I reduce my freight costs? ARTICLE SUMMARY.

Cost Reduction 69

Cost Reduction Negotiating Skills Price Reduction Material Savings 69

Logistics Viewpoints

DECEMBER 14, 2023

Doing so helps organizations detect market shifts and makes supply chain decisions more forward-looking than an analysis of the past, present, and at best, a tactical view of the future. These scenarios should consider any financial implications, such as missing out on price breaks or preferred customer discounts.

Supply Chain Design Software 130

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Optimal Sourcing 130

Logistics Bureau

OCTOBER 2, 2016

Supply chain strategy is critical to business success, but is often underestimated in its importance and hence receives less strategic attention than other areas of operation. Supply Chain Strategy. In other words, the majority did not recognise the need for close alignment between supply chain and general business strategies.

Supply Chain Design Software 99

Supply Chain Design Software Supply Chain Design Inventory Reduction Cost Reduction 99

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. We estimate that productivity gains and cost savings alone could deliver near-term impact of 200 to 600 basis points of margin expansion across advanced industries, worth $200 billion to $500 billion.”.

Supply Chain Software 119

Supply Chain Software Definition Supply Chain Planning Software Supply Chains 119

The Logistics of Logistics

OCTOBER 3, 2020

Air transport involves the integration of information, transportation, inventory, warehousing, material handling, and packaging. It refers to material in either liquid or granular, particulate form, as a mass of relatively small solids, such as petroleum, grain, coal, or gravel. Air transport is a vital part of international commerce.

3PL 221

3PL Logistics Network Optimization Software Transportation Supply Chain Design Software 221

Logistics Bureau

MAY 19, 2016

As a novel change to sharing tips on what to do, I thought I’d continue this month’s focus on working capital reduction with a post on things you might consider doing less of or even not doing at all. If so, you’re losing out unless you know you’re getting a discounted price for early payment.

Material Savings 49

Material Savings Inventory Reduction Price Reduction Waste Reduction 49