The Logistics of Logistics

JULY 27, 2022

Mark and his team work to become trusted partners with their shippers, carriers and technology partners – supplier, vendor, etc. While the focus is on freight tech and supply chain software that is automating the industry, relationships are still the secret sauce that drives the best companies. is not good enough.

Logistics Network Optimization Software 367

Logistics Network Optimization Software Modeling Software Supply Chain Software Procurement 367

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. Reverse Logistics Strategy 1: Don’t do it! Clearly, successful reverse logistics cannot be left to luck.

Reverse logistics 74

Reverse logistics Cost Reduction Vendor Strategies Inventory Reduction 74

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

10xLogistics

MARCH 24, 2013

First, it is interesting that "flawless execution" does not get the respect it deserves and if you dedicate your life to this you are somehow working on something "less" than strategy. The top performers deal with strategy and all others deal with the day to day execution - or so the top consultants will say.

Vendor Strategies 54

Vendor Strategies Cost Reduction Strategy Availability 54

Logistics Bureau

MAY 24, 2019

If you were to tell me that your company had never looked at its supply chain costs and sought to deliver reductions, I would be mightily surprised. On the other hand, if you told me your company hasn’t been able to sustain any progress in supply chain cost reduction, I wouldn’t be surprised at all.

Cost Reduction 77

Cost Reduction Inventory Reduction Expense Reduction Price Reduction 77

GlobalTranz

OCTOBER 6, 2017

An effective warehouse management strategy can successfully reduce rework and drive warehouse management cost savings. However, poor decisions and assumptions can lead to the buildup of other inefficiencies, diminishing the value of your existing warehouse management strategy. In must be built on these principles.

Cost Reduction 10

Cost Reduction Inventory Reduction Vendor Strategies Price Reduction 10

Logistics Viewpoints

JANUARY 16, 2025

All supply chain vendors seek to position themselves as leaders in supply chain AI. AWS , Google , and Microsoft are also investing heavily in custom AI chips to reduce their dependence on NVIDIA and optimize performance and cost. Collin Masson, Director of Research at ARC Advisory Group. But there is a larger AI ecosystem.

Modeling Software 119

Modeling Software Supply Chain Design Software Optimization Software Supply Chain Planning Software 119

GlobalTranz

OCTOBER 16, 2015

We've schedule pick ups with the vendors of our shipper customers. So we thought we would impart upon all the shippers out there some tips on how to reduce overall costs for effective LTL Procurement. 10 LTL Procurement Cost Cutting Tips. 10 LTL Procurement Cost Cutting Tips. LTL procurement is something we do very well.

Negotiating Skills 90

Negotiating Skills Price Reduction Optimal Sourcing Cost Reduction 90

Logistics Viewpoints

OCTOBER 9, 2024

DPPs simplify compliance by consolidating all necessary information in one place, reducing administrative burdens. As the regulatory environment continues to shift, companies that adopt DPP strategies will be better prepared for the future. Environmental Protection Agency focuses on lifecycle analysis and waste management.

Compliance 114

Compliance Digital Sourcing Strategies Waste Reduction 114

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. It’s vital to identify and protect critical vendors and partners that could be unwitting attack vectors. Trade disputes and tariffs.

Supply Chain Planning Software 132

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 132

Logistics Viewpoints

JUNE 8, 2023

We’ll explore a few general solutions offered by leading technology platforms that retailers and logistics providers alike should consider: Carrier Allocation: Optimize cost and reduce risk by expanding partnerships with carriers and delivery service providers, improving capacity and flexibility. Cost is an important consideration as well.

Modeling Software 111

Modeling Software Optimization Software Supply Chain Design Software Logistics Network Optimization Software 111

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 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

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. Again, these are changes that can add to your cost-to-serve, and, during your transition, you might not have had time to look for ways to reduce expenditure. Rework – due to errors.

Cost Reduction 98

Cost Reduction Purchasing Skills Expense Reduction Inventory Reduction 98

GlobalTranz

APRIL 28, 2017

Change Your Strategy. Typical strategy formulations would include things like developing a mission statement, outlining your values, determining your core competencies, your key messages, what resources you may have, market research, SWOT analysis, accountabilities, and so on. So what is your help strategy?

Manufacturing Procurement 83

Manufacturing Procurement Inbound Vendor Strategies Resource Reduction 83

Logistics Bureau

AUGUST 2, 2021

The price you pay your vendors for their products is a significant factor in your company’s ability to compete in its market. Here, we’re talking about all your vendors. Purchase order cycle time is a KPI that measures the elapsed time between raising a requisition request and the transmission of the purchase order to the vendor.

Procurement Analytics 98

Procurement Analytics Procurement Solutions Optimal Sourcing Procurement 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. It may seem like a fundamental change, but digitization has enabled the elimination of paper archives as well as countless sheets, folders and files. Digital transformation: a strategy.

Digital 133

Digital Factories Supply Chain Planning Software Supply Chain Software 133

GlobalTranz

OCTOBER 14, 2015

Technology can help to simplify your supply chain management, which will enable your business to operate more efficiently, give you more visibility and control over your inventory, and help to reduce your operational costs. Computerized Shipping and Tracking. Radio frequency identification (RFID) has become one of the megatrends in logistics.

Supply Chain Planning Software 104

Supply Chain Planning Software Supply Chain Software Supply Chain Technology Sourcing Strategies 104

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

Freightos

NOVEMBER 15, 2023

Judah Levine November 15, 2023 Optimize your logistics tendering, vendor selection, negotiations, and procurement with Freightos Data Book a Demo Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) increased 6% to $1,711/FEU. Europe – N. America weekly prices climbed 1% to $1.84/kg.

Price Reduction 118

Price Reduction Negotiating Skills Vendor Strategies Resource Reduction 118

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

Logistics Viewpoints

FEBRUARY 9, 2021

But advising that visibility vendors should be evaluated based on “how well they align to the company’s existing carrier network” overlooks several other critical factors that should be part of the calculus. Our strategy was to lead with shippers, then onboard their vast networks of carrier, broker and 3PL partners. Data integrity.

Supply Chain Design Software 119

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

Carter Logistics

DECEMBER 31, 2018

Through integrated supply chain management, a company is able to build strong relationships with vendors as well as bulk-buy, which reduces cost and strengthens the management. How do you build integrated supply chain strategies? It is important to have documented strategies for your supply chain management.

Supply Chain Planning Software 60

Supply Chain Planning Software Vendor Strategies Supply Chains Cost Reduction 60

Logistics Viewpoints

DECEMBER 11, 2023

Bricz is agnostic to WMS vendors, providing objective insights to its clients from solution design, WMS selection, process and technology mapping, and even warehouse control system and robotics selections. Spinnaker is vendor-agnostic when it comes to implementing SCP solutions. WMS has been a historical centerpiece to the practice.

Supply Chain Design Software 126

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 126

Logistics Business Magazine

DECEMBER 16, 2021

Governments across the globe are urging businesses to do more to reduce greenhouse gas emissions across the supply chain. In response, companies are taking sustainable leadership to new levels, with a particular focus on reducing their Scope 3 emissions to actively assist in supply chain decarbonisation.

Waste Reduction 57

Waste Reduction Vendor Strategies Cost Reduction Resource Reduction 57

Ship Monk

APRIL 5, 2024

The process involves collecting quantitative and qualitative data concerning vendor-provided goods and services, and analyzing this data for opportunities to improve (or reasons to end) the relationship. Of course, it wouldn’t be a business strategy if there weren’t a couple more acronyms to learn. If so, good on you!

Negotiate Pricing 105

Negotiate Pricing Negotiating Skills eCommerce Purchasing Skills 105

Logistics Viewpoints

DECEMBER 12, 2023

However, the average company struggles to integrate robots from multiple vendors with their existing systems and processes, as well as divide and orchestrate work across humans and machines. The typical benefits of a WES include an 80% reduction in administrative costs, a 12% increase in units-per-hour, and a 15% improvement in throughput.

Supply Chain Planning Software 137

Supply Chain Planning Software Supply Chain Design Software Optimization Software Resource Reduction 137

Logistics Viewpoints

FEBRUARY 28, 2022

Supply chain vendors have been touting their investments in artificial intelligence (AI) for the last several years. Alex Pradhan, Product Strategy Leader John Galt Solutions, told me that “all planning vendors have bold marketing around AI.” Machine learning is being used to predict machine breakdowns. Final Thoughts.

Supply Chain Planning Software 142

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 142

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. This involves using data and simulation tools to identify areas for improvement and implement changes that enhance efficiency and reduce costs.

Modeling Software 72

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

Logistics Viewpoints

APRIL 24, 2023

This technology allows businesses to unify their procurement, expense management, invoicing, payments, contract management, and spend analysis processes and reporting. In fact, when Coupa acquired LLamasoft – the leading supply chain design software vendor – back in 2020, the product synergies were not at all clear to me.

Supply Chain Design Software 111

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

Talking Logistics

FEBRUARY 21, 2019

Retailers are adapting their network for an omni-channel approach to enhance their customer experience and offer a wider online product assortment, which can include enabling vendors to dropship on their behalf. It is possible, but it would be a very manual process, with many emails and spreadsheets sent between procurement and vendors.

Vendor Strategies 88

Vendor Strategies Manufacturing Procurement Negotiating Skills Supply Chain Planning Software 88

Logistics Viewpoints

JULY 18, 2022

This is an important analysis tool for maintaining a well-run supply chain. It examines the skills of the people on the team, the process, technology, and strategy associated with supply chain design. During Covid, Ferguson told their vendors, “if you can only produce 40% of our orders, these are the 40% we want. Key Processes.

Supply Chain Design Software 122

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 122

GlobalTranz

JANUARY 16, 2017

Modern supply chains are evolving beyond anyone’s expectations due to increased use of cloud-computing technologies, wearables and advanced data analysis. Essentially, the cloud is working to reduce overall risk and reduce costs along the way, but it is also becoming key to increasing accountability and visibility throughout an organization.

Supply Chain Design Software 59

Supply Chain Design Software Supply Chain Software Supply Chain Design Analysis 59

WorkWave

JUNE 27, 2024

This blog will delve into the current state of driver availability, its causes, consequences, strategies for mitigating the challenge, and future outlooks and long-term solutions. While essential for safety, these regulations reduce the number of active driving hours, necessitating more drivers to meet delivery demands.

Optimal Sourcing 92

Optimal Sourcing Supply Chain Planning Software Availability Optimization Software 92

GlobalTranz

JULY 12, 2016

This is solved through best practices, efficient and proven strategy, proper measurement of your tools and people, and the use of effective technology which doesn't add bloat, but is an enablement tool to provide a tangible Return on Investment in the way of reduced time and costs. . Revise your labor scheduling strategy.

Material Savings 73

Material Savings Cost Reduction Optimal Sourcing Inventory Reduction 73

GlobalTranz

JANUARY 28, 2015

These back charges can hurt margins if you apply “Flat Rate” charges to customer shipments, and they can cost you (the vendor/shipper) money if you are billing customers for reimbursement of actual freight costs. Nearly all pallet dimensioning systems use multiple sensors to reduce or eliminate “shadowing” (i.e.,

Negotiating Skills 97

Negotiating Skills Price Reduction Cost Reduction Waste Reduction 97

Freightos

JUNE 17, 2024

Third-party platforms reduce these upfront costs by providing access to state-of-the-art AI tools and technologies on a “pay per drink” subscription basis. Access to Expertise : Third-party providers often have teams of experts who are at the cutting edge of AI research and application.

Modeling Software 119

Modeling Software Optimization Software Logistics Network Optimization Software Cost Reduction 119