Logistics Bureau

NOVEMBER 6, 2023

Recent studies have shown that among the challenges frustrating warehouse and distribution centre managers this year, rising energy and labour costs are two of the most often cited. We hope the tips and ideas in this article will help you make inroads into warehouse energy and labour cost reduction.

Cost Reduction 98

Cost Reduction Purchasing Skills Waste Reduction Material Savings 98

Logistics Bureau

JANUARY 13, 2025

It’s typically more cost-effective per unit and provides faster transit times since the truck goes directly to its destination. Pricing Structure: Remember those simple shipping options you see when shopping online? Types of Shipments In B2B freight, size really does matter. The likelihood is that you did.

Purchasing Skills 40

Purchasing Skills Negotiating Skills Negotiate Pricing Freight 40

Logistics Bureau

DECEMBER 22, 2024

Still, in this article, I will help you evaluate the need for supply chain and logistics KPIs in your organisation, and identify which types of measurement might be most appropriate. Of course, its also possible to add further tiers for even more granularity, but again, the more levels you have, the more complex your KPI solution.

Supply Chains 74

Supply Chains Procurement Analytics Inventory Reduction Purchasing Skills 74

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. How Much Does It “Cost to Serve” Your Customer? It costs you a certain amount to make a product. Sales organisation costs.

Purchasing Skills 93

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

Logistics Viewpoints

APRIL 6, 2023

Their metrics are often misaligned as well – supply chain focuses on service and procurement focuses on the cost of acquiring materials and services. This approach results in inefficiencies, higher costs, and missed opportunities. These costs fall within the “Cost of Goods Sold” components of the company’s financial statement.

Optimal Sourcing 98

Optimal Sourcing Manufacturing Procurement Sourcing Strategies Procurement Analytics 98

Logistics Bureau

NOVEMBER 16, 2020

You are not alone, especially as in the time since we first penned this article, one huge and unforeseen event has raised awareness of the global importance of this vital sector—and shown it to be an attractive career choice. If university study is a little beyond you right now, one of the certification courses might work better for you.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 98

GlobalTranz

DECEMBER 16, 2015

Most of us have taken a course in basic business, and the first thing you are told is to write and sign a contract. This is of course true, but it also overstates the value of a written contract relative to other aspects of the relationship. 5 Skills Needed for Radical Supply Chain and Logistics Collaboration.

Negotiating Skills 57

Negotiating Skills Purchasing Skills Buyer Training Collaboration 57

Logistics Bureau

APRIL 4, 2022

Whether your company is a big or small player in terms of shipping volumes, and regardless of your chosen transportation modes (road, rail, ocean, air), the health of your bottom line depends in no small part on the competitiveness of your freight prices. The answer is to benchmark your freight, of course.

Negotiating Skills 96

Negotiating Skills Logistics Network Optimization Software Purchasing Skills Supply Chain Planning Software 96

WorkWave

OCTOBER 1, 2022

Cost estimates range on average from a meager 8 cents to 26 cents per square foot, making it affordable and a practical quick-growing solution. Several factors influence the hydroseeding prices on your property: land quality, location, and plot size. One of the reasons hydroseeding is cost-effective is the quick return.

Negotiating Skills 52

Negotiating Skills Purchasing Skills Price Reduction Cost Reduction 52

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

Trinity Logistics

AUGUST 23, 2024

A few months into 2023, YRC and the Teamsters Union engaged in back-and-forth negotiations. We saw news articles and hit pieces about the conflict, week after week. A company that was in financial disarray was now losing its primary source of revenue. The LTL carriers have course-corrected their capacity concerns.

Industry 127

Industry Purchasing Skills Negotiating Skills Logistics Network Optimization Software 127

Logistics Viewpoints

FEBRUARY 28, 2023

This article is from Natalie Walkley, Director of Product Marketing OMS at Koerber. Of course, the key to inventory is having the right amount in the right location at the right time to meet customer demand, or face overstocks, high holding costs and eventual markdowns—or alternatively, overpromising, stockouts and lost sales.

Optimal Sourcing 109

Optimal Sourcing Inventory Reduction Sourcing Strategies Vendor Strategies 109

Logistics Viewpoints

FEBRUARY 7, 2022

This new metal 3D printing technology could revolutionize the way large industrial products like planes and cars are made, reducing the cost and improving the resilience of US supply chains. More SKUs available from local warehouses could also mean quicker replenishment cycles parts that are purchased infrequently.

Manufacturing Procurement 113

Manufacturing Procurement Supply Chain Design Software Supply Chain Software Supply Chain Design 113

Logistics Bureau

APRIL 18, 2019

Either way, you might find this article of value, because we’re going to discuss some of the positions you might aim for among the vast range available, and the career paths associated with them. Source: Council of Supply Chain Management Professionals 2017 Survey. Purchasing Manager. Types of Job in Supply Chain and Logistics.

Manufacturing Procurement 89

Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software Supply Chain Design 89

Logistics Bureau

OCTOBER 10, 2022

Inventory costs too high? Those are the precise questions we’ve set out to answer in this article. For example, you can optimise for cost, profit, or service, but not for all of them. Too much inventory in your distribution network? Are profits too low? Inventory Optimisation: A Clarification. 1: Service Levels.

Inventory Reduction 105

Inventory Reduction Inventory Optimization Modeling Optimization Software 105

WorkWave

MAY 24, 2024

Sources cite the resiliency of essential services , predictive recurring revenue and business model growth opportunities enabled by technology, training and development as being reasons behind the interest. Q&A highlights in this article [Open] [Close] WorkWave: Where should you start if you are looking to sell your business?

Negotiating Skills 98

Negotiating Skills Buyer Training Purchasing Skills Modeling Software 98

Logistics Bureau

APRIL 3, 2023

In this article, I will redress the balance by exploring outsourcing from a more holistic perspective, focusing on ways to consider outsourcing partnerships for improvement throughout the supply chain. Outsourcing for Reduced Supply Chain Cost Few business leaders would argue that reducing costs in the supply chain is an improvement.

Outsourcing 98

Outsourcing Optimal Sourcing Supply Chain Software Cost Reduction 98

GlobalTranz

FEBRUARY 12, 2018

In this article, he writes about the characteristics of an effective supply chain manager. . One of the main responsibilities of this manager is to minimize the cost and maximize the effects of the company’s supply chain. Impressive Communication Skills. Writing Skills. That’s when the need for writing skills comes in.

Supply Chain Planning Software 70

Supply Chain Planning Software Supply Chain Software Negotiating Skills Supply Chains 70

Logistics Bureau

JUNE 15, 2016

Many articles on the topic of supply chain cost reduction have been written, most of which are understandably focused on issues such as inventory levels, network design, process efficiencies and supplier management/relationships. General Considerations for Cost Savings on Packaging. Sometimes Less is More.

Cost Reduction 49

Cost Reduction Material Savings Expense Reduction Waste Reduction 49

Logistics Bureau

DECEMBER 20, 2021

Every article we publish covering logistics and supply chain KPIs piques our website visitors’ interest and receives a wealth of positive feedback. In addition, those articles inevitably stimulate readers to post questions, which, over time, we try to answer in detail by creating new blog posts to address them.

Inventory Reduction 98

Inventory Reduction Inventory Cost Reduction Purchasing Skills 98

Logistics Viewpoints

JUNE 2, 2022

This article is from Manhattan Associates and looks at the changing nature of retail. The sudden demand for store fulfillment of online orders has added costs for handling and shipping, causing delays in delivery when carriers were stretched beyond their limits. Stores quickly became hubs for returns of online purchases.

Supply Chain Design Software 113

Supply Chain Design Software Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Software 113

Logistics Viewpoints

FEBRUARY 25, 2022

Now of course, companies must map out the potential impacts of the Russia Ukraine war. Oil Prices Jump. The Potential Impact on the Electricity Prices. The Potential Impact on the Electricity Prices. Supply concerns may also spur oil stockpiling activity, which supports prices.”. Russia Attacks Ukraine.

Price Reduction 104

Price Reduction Supply Chain Planning Software Expense Reduction Logistics Network Optimization Software 104

Logistics Bureau

AUGUST 7, 2023

Standardise and Digitise The key to managing complexity, of course, is to be organised. Inventory Availability and Cost: Striking a Balance It’s rarely a good idea to think too lean in ecommerce inventory management. So what can you do to ensure your inventory management meets the challenge of multichannel sales?

Inventory Reduction 98

Inventory Reduction eCommerce Inventory Procurement Solutions 98

Logistics Bureau

JANUARY 25, 2017

and leverage their supply chain skills and know-how to help them move to employment in that sector. General supply chain skills and knowledge can go a long way to helping you adapt to a new industry, but in some cases, you will need additional arguments to convince a potential employer. Supply Chain Skills and Roles.

Negotiating Skills 75

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

Logistics Bureau

DECEMBER 3, 2017

Our blog posts and articles here at Logistics Bureau are almost always written to inform, but this time we’re writing with a request for information. Supply Chain Cost Reduction: Supply chain operators are typically under constant pressure to reduce costs, but there are smart and less-smart ways to deliver cost improvements.

Supply Chain Design Software 45

Supply Chain Design Software Purchasing Skills Buyer Training Supply Chain Design 45

Logistics Bureau

JANUARY 7, 2020

Of course, it is helpful to have some statistics on hand to validate the statement above. Companies with global supply chains—a category which includes a fast-growing number of corporations, medium-sized companies, and even small businesses—can be standing on a cost base of which 90% is attributable to supply chain expenditure. .

Supply Chain Design Software 111

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

Logistics Bureau

NOVEMBER 4, 2019

This speculative post explores the difference between B2B and B2C freight pricing. Should they offer tiered freight-price options like those enjoyed by consumers, and what stops them from doing so? Tiered Freight Pricing in B2C Markets. Are B2B freight providers falling behind? The likelihood is that you did.

Purchasing Skills 49

Purchasing Skills Negotiating Skills Negotiate Pricing Freight 49

Logistics Viewpoints

JUNE 8, 2022

Inflation has led me to review the likely magnitude of importance for certain purchases, as employee compensation is not increasing at the same rate as inflation, diminishing purchasing power. Hopefully something in this article will trigger a useful thought for you and improve upon your forecasting so you can be ….somewhat

Scenario Planning 123

Scenario Planning Analysis Events Purchasing Skills 123

Ship Monk

MARCH 30, 2024

Unfortunately, sometimes supply chain disruptions, differing carrier restrictions, and fluctuating costs can keep that from happening. 2-Day Shipping In today’s gotta-have-it-now atmosphere, your shipping speeds and costs could determine how well you’re able to compete in the ecommerce marketplace. Have more questions?

3PL 105

3PL Supply Chain Design Software Optimization Software Supply Chain Software 105

Logistics Bureau

DECEMBER 9, 2019

I was a little late getting started in 2018, and we were already into 2019 when I got round to publishing my usual trends article. Of course, there can be no stronger motivation than legislation, but money comes a very close second, and the potential cost savings offered by the circular supply chain are substantial.

Supply Chain Software 111

Supply Chain Software Logistics Network Optimization Software Supply Chains Trends 111

Kanban Logistics

AUGUST 13, 2020

In this article, we’ll take a closer look at the outsourcing model and the ways it can drive efficiency in your inbound logistics supply chain. Right now, your buyers probably spend a good percentage of their time negotiating with, and procuring goods from, makers of boxes, nuts, bolts, and other consumable parts and materials.

Manufacturing Procurement 98

Manufacturing Procurement Inbound 3PL Material Savings 98

Material Handling and Logistics

AUGUST 31, 2018

It’s true that the major issues in the supply chain—which were confirmed through MH&L ’s workforce survey process and published in an earlier article —are nuanced. Trouble finding skilled labor”. In the supply chain, problems are often overcomplicated. Here’s how that would be applied to three of the top supply chain problems.

Supply Chain Design Software 145

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

Logistics Viewpoints

APRIL 27, 2021

This article lays out a common-sense approach to selecting a well-fitted WMS that will serve your purposes to a tee. You wouldn’t step onto the course without a putter or driver, and you shouldn’t dive into an WMS install without first shoring up your project plan. Understand the Course. What’s in Your Bag?

Supply Chain Planning Software 127

Supply Chain Planning Software How To Procurement Solutions Supply Chain Software 127

Ship Monk

JANUARY 11, 2024

Depending on which article you’re reading, ecommerce brands should be prepared for return rates of anywhere from 16% to 30%. Of course, the opposite is also true — when handled poorly, returns can hurt your brand. Some damages are measurable in time and money, while for others, costs are more insidious and can do even more harm.

Procurement Solutions 111

Procurement Solutions Inventory Reduction Supply Chain Planning Software Material Savings 111

Ship Monk

MARCH 11, 2024

Did you know that 93% of consumers say that online reviews influence their purchase decisions? In this article we’ll explore the definition of social proof and its importance in influencing shopping decisions. Of course, sometimes following the herd can lead us astray. That’s a mind-blowing statistic. Low-cut jeans come to mind.)

eCommerce 105

eCommerce Logistics Network Optimization Software Case Study Procurement Solutions 105

Ottawa Logistics

OCTOBER 12, 2016

They won’t have to work as hard to get rid of the waste products associated with their purchase as eco-friendly packaging is generally compostable and easily broken down and disposed of. Eco-friendly packaging is usually less packaging, and less expensive to create, touts articles like Good Things Come From Green Packages.

Material Savings 94

Material Savings Waste Reduction Expense Reduction Packaging 94

GlobalTranz

JULY 6, 2015

Consumers want their products, which they have paid for, and faster, more efficient processes, from the manufacturing to delivery, will encourage repeat purchases, and therefore, company growth and success. cost of sorting, picking and boxing an order. Think about how this single purchase could last for decades to come.

Manufacturing Procurement 110

Manufacturing Procurement Logistics Network Optimization Software Expense Reduction Sourcing Strategies 110