Logistics Viewpoints

NOVEMBER 19, 2024

AI techniques like sentiment analysis can identify the emotions in language to provide insights for certain purposes like customer service or targeted marketing, but these methods don’t achieve true emotional intelligence, they only barely scratch the realm of human feelings, which defy rationality.

Supply Chain Design Software 86

Supply Chain Design Software Negotiating Skills Optimal Sourcing Supply Chain Software 86

GlobalTranz

MARCH 3, 2016

How to start a freight brokerage. Turning on your business know-how is important too, because you need careful analysis and critical thinking to make the best of existing opportunities. Getting the top freight broker training books is also important, so you can always refer to them when you’re unsure how to go ahead.

Negotiating Skills 51

Negotiating Skills How To Buyer Training Freight 51

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 117

Cost Reduction Purchasing Skills Expense Reduction Inventory Reduction 117

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

Triskele Logistics

MAY 27, 2018

Whether you are managing them yourself, or have outsourced the management of your supply chain, it's a really good exercise to understand how it all works. Analysis paralysis can slow you down. Don't base your analysis on the rate provided, there are often other charges that need to be taken into consideration.

Cost Reduction 40

Cost Reduction Supply Chain Design Supply Chains Exercises 40

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. If profits start to decline afterwards, your CTS data can offer valuable information about what changed and how to get back on track.

Purchasing Skills 90

Purchasing Skills Cost Reduction Supply Chain Planning Software Supply Chain Design Software 90

Logistics Bureau

NOVEMBER 6, 2023

How to Improve Lighting Control It’s common for warehouse spaces to sit under artificial lighting even when or where it’s not strictly necessary. A warehouse benchmarking exercise is an excellent way to start the quest for improvement opportunities. There are several possible ways to eliminate this form of energy wastage.

Cost Reduction 109

Cost Reduction Purchasing Skills Waste Reduction Material Savings 109

Logistics Bureau

DECEMBER 19, 2022

It also stands to reason that when you undertake a slotting exercise, you should think about it from the perspective of these activities. So let’s move on and look at how to do it. Now that we’ve covered the “what” and “why” of warehouse product slotting, let’s progress to the “how.” Product Slotting Tactics.

Production 93

Production Inventory Reduction Cost Reduction Resource Reduction 93

GlobalTranz

JANUARY 21, 2015

Below I will outline how a vendor managed inventory model, in conjunction with reverse marketing, value analysis, and collaboration will achieve supply chain cost reductions. Reverse marketing starts first with Value Analysis. What is Value Analysis? Value Analysis, also called Functional Analysis was created by L.D.

Vendor Strategies 96

Vendor Strategies Inventory Reduction Cost Reduction Waste Reduction 96

Infosys Supply Chain Management

JULY 31, 2014

Having done some quick primary root cause analysis it was concluded that the increased metal level was the prime reason contributing to the failure. The field engineers claim- We gave all the necessary information for the analysis, were not aware how to decipher the readings against the reference values so could contribute very little.

Case Study 28

Case Study Study Exercises Analysis 28

Logistics Bureau

APRIL 4, 2022

Here is an overview of the most valuable benefits: More informed freight spending: Because freight benchmarking involves the analysis of carriers and the rates paid by companies using them, it gives you an evolving picture of clarity about your freight spending. Freight Benchmarking: How to Do it Right.

Negotiating Skills 83

Negotiating Skills Purchasing Skills Logistics Network Optimization Software Supply Chain Planning Software 83

Logistics in War

NOVEMBER 13, 2017

Rather than using intuition to inform decisions, people often retreat behind analysis to avoid choosing between difficult options. Even if analysis is used to inform judgements, decisions at the highest level will tend to be intuitive and influenced by a range of factors. This is especially the case with logistics.

Negotiating Skills 74

Negotiating Skills Sourcing Strategies Resource Reduction Military 74

Logistics in War

DECEMBER 2, 2019

Rather than using intuition to inform decisions, people often retreat behind analysis to avoid choosing between difficult options. Even if analysis is used to inform judgements, decisions at the highest level will tend to be intuitive and influenced by a range of factors. This is especially the case with logistics.

Negotiating Skills 52

Negotiating Skills Sourcing Strategies Resource Reduction Military 52

Infosys Supply Chain Management

JANUARY 15, 2015

Having done some quick primary root cause analysis it was concluded that the increased metal level was the prime reason contributing to the failure. The field engineers claim- We gave all the necessary information for the analysis, were not aware how to decipher the readings against the reference values so could contribute very little.

Case Study 20

Case Study Study Exercises Analysis 20

Transporeon

MARCH 13, 2017

Read on to learn how to shift from Technophobia (Fear of Technology) to FoMO (Fear of Missing Out). Some suppliers view RFPs as static cost-cutting exercises, which devalue their offering. As companies become leaner and available time becomes scarcer, process automation is the clear solution for busy procurement and supply chain teams.

Sourcing 48

Sourcing Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 48

GlobalTranz

OCTOBER 29, 2015

We then followed that with the wildly popular " 7 Strategic Performance Business Practices with 3PL KPIs and 4 KPI Problems to Solve " and shared how to use the S.M.A.R.T. This exercise prompted Whirlpool to question whether having a single logistics provider was the best structure to exceed customer expectations and maximize cost savings.

Case Study 93

Case Study Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 93

Logistics in War

MARCH 23, 2018

Rather than using intuition to inform decisions, people often retreat behind analysis to avoid choosing between difficult options. Even if analysis is used to inform judgements, decisions at the highest level will tend to be intuitive and influenced by a range of factors. This is especially the case with logistics.

Negotiating Skills 55

Negotiating Skills Sourcing Strategies Resource Reduction Military 55

GlobalTranz

NOVEMBER 12, 2015

If a vendor fails to deliver product as specified, the vendor may be advised of how future violations will affect contractual obligations. However, you must exercise caution to make sure you do not damage your vendor-shipper relationship. Furthermore, such methodology can be applied to vendor relationships. Metrics and KPIs.

Data 91

Data Vendor Strategies Logistics Network Optimization Software Expense Reduction 91

GlobalTranz

NOVEMBER 30, 2015

After all as Eric Kimberling's analysis of 'leadership lessons' says: “The differing results of manufacturers are due to unique leadership traits of their executive teams.”. This gives them the chance to focus on how to make their business more efficient while still on the train or having breakfast. Think automated - think efficient.

Optimization Software 54

Optimization Software After-sales Exercises ERP 54

Logistics Bureau

AUGUST 1, 2022

The need for any S&OP process to have an executive sponsor who actively participates in the process, albeit only by exercising final approval over plans and, of course, making any decisions that call for executive authority, cannot be overstated. The Executive Sponsor. Excluding Key People or Teams. It all starts with awareness.

Supply Chain Planning Software 106

Supply Chain Planning Software Scenario Planning Operations Supply Chain Design Software 106

Conger

JULY 28, 2022

How to Measure Warehouse Safety. How Safe Are Warehouses? How to Measure Warehouse Safety. Otherwise, how will you know if things got better, worse, or stayed the same? Near misses provide insight into the factors that led to the unsafe incident and provide a framework for how to fix them. Let’s dive in!

Tips 52

Tips Material Savings Training Materials Handling 52

Logistics Business Magazine

DECEMBER 11, 2022

For example, brand manufacturers and retailers—are beginning to perform life cycle analysis of their products to ascertain the environmental impacts of the products they sell. Historically, this product ‘footprinting’ exercise was both tedious and expensive. Companies can say, “We’ll just buy it from Nielsen”.

Supply Chain Planning Software 56

Supply Chain Planning Software Supply Chain Software Supply Chains Trends 56

Logistics Bureau

SEPTEMBER 20, 2022

The best way to do that is by completing a thorough analysis of current actual costs versus the projected costs associated with commencing—or ending—a 3PL partnership. Sufficient due diligence is exercised in partner selection. Insource or Outsource: How to Choose the Right Reasons.

Outsourcing 100

Outsourcing Cost Reduction Resource Reduction Expense Reduction 100

Automotive Logistics

MAY 24, 2018

“The supplier has to say how it is managing and creating security and we carry out onsite audits.”. Römmele explains that all Continental products go through a threat analysis and risk assessment (TARA). “We Internal guidelines spell out how to address risks and test fixes. Both techniques have advantages.”.

Supply Chain Design Software 50

Supply Chain Design Software Supply Chain Software Logistics Network Optimization Software Manufacturing Procurement 50

The Logistics Academy

FEBRUARY 13, 2017

Another trend is learning how to deal with the avalanche of data that supply chain managers have at their fingertips. On the more traditional side, evaluating where and how to position inventory to serve both online and brick-and-mortar retail customers is a big logistics issue. It is also an exercise in trade-offs.

Supply Chain Design Software 40

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