3PL Links

NOVEMBER 26, 2024

These can be critical problems for companies looking to increase productivity and reduce expenses in logistics operations. Automation in logistics is like putting technology to do the heavy lifting, reducing errors and saving time. In addition, errors are also reduced, as the robots follow only the programmed instructions.

Supply Chain Software 62

Supply Chain Software Logistics Network Optimization Software Optimization Software Supply Chain Planning Software 62

MTS Logistics

APRIL 3, 2023

Despite this, bloated inventories due to reduced consumer demand are still putting pressure on warehouse rates, leading to a new inflation warning for consumers. In this article, we will examine the impact of inflation in supply chain on the logistics industry and discuss possible solutions to prevent it.

Inventory Reduction 111

Inventory Reduction Cost Reduction Price Reduction Supply Chains 111

ShipLilly

JUNE 9, 2021

For example, the lack of pallets has a tremendous effect on the supply chain for many companies. This article discusses the implications and possibilities of responding to the crisis. Lumber price increments have exponential impacts on the cost of manufacturing wood pallets. Homebuilding drives up the price of lumber.

Price Reduction 98

Price Reduction Expense Reduction Material Savings Sourcing Strategies 98

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

Logistics Viewpoints

AUGUST 1, 2024

According to Bloomberg , the coffee supply chain is struggling with constrained supply and increase in prices is inevitable. This article explores how adaptive supply chains can help businesses thrive. This enables better planning and coordination, reducing lead times and improving cost efficiency.

Supply Chain Design Software 126

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

GlobalTranz

SEPTEMBER 3, 2015

When you work in a position related to supply-chain management, you have lot of practice in having to constantly watch over every step of the process in an attempt to cut down the time, energy or costs that it takes to make, ship and sell your product. It All Starts With a Design: What is DFMA? Assembly Analysis. Manufacturing Analysis.

Cost Reduction 101

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

WorkWave

DECEMBER 16, 2024

This article will explore the role of pest control drones, highlighting their advantages, challenges, and impact on the industry. We will discuss case studies, future trends, and guidelines for businesses considering whether to invest in this cutting-edge technology.

Cost Reduction 52

Cost Reduction Resource Reduction Optimization Software Waste Reduction 52

Logistics Bureau

DECEMBER 24, 2024

In this article I will outline, firstly, the reasons why organisations outsource logistics activities, and secondly, what the key drivers are for outsourcing success. For example, companies that have their own in-house vehicle fleet often struggle to deliver products on time. But what of the balance? But what about cost of service?

Outsourcing 52

Outsourcing Warehousing Negotiating Skills Purchasing Skills 52

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. So, for example, outsourcing sales activity is not typically a good idea if yours is a retail sales company.

Outsourcing 98

Outsourcing Optimal Sourcing Supply Chain Software Cost Reduction 98

EazyStock

MARCH 14, 2023

The right purchasing and logistics strategies give companies an edge during these unique, uncertain times and, during the return “to normal,” a greater competitive advantage and continued growth. Rapid cost increases, interest rate hikes and reduced demand require more effective inventory management and forecasting attention.

Inventory Reduction 52

Inventory Reduction Price Reduction Cost Reduction Waste Reduction 52

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. 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. Customer behaviour.

Cost Reduction 98

Cost Reduction Purchasing Skills Expense Reduction Inventory Reduction 98

Logistics Bureau

SEPTEMBER 4, 2023

With that question answered, I’m giving the rest of this article over to highlighting several business and supply chain issues, which, if you are experiencing them in your enterprise, are potent indications that CTS analysis should be on your agenda —for execution at the soonest. We’ll begin with a look at pricing strategy.

Negotiating Skills 98

Negotiating Skills Purchasing Skills Cost Reduction Analysis 98

3PL Links

DECEMBER 10, 2024

This article will provide a detailed reference to LTL shipping, including the definition of LTL, shipping prices, delivery method, and how to manage your LTL shipment to the fullest. For example, less-than-truckload shipping requires 12 linear feet and pallets ranging from one to six, with a maximum of 10 pallets per truck.

Optimal Sourcing 62

Optimal Sourcing Purchasing Skills 3PL Price Reduction 62

Logistics Bureau

NOVEMBER 30, 2020

ARTICLE SUMMARY. 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. One of the most common questions I get asked is, How can I reduce my freight costs? A Dozen Possibilities to Cut Freight Costs.

Cost Reduction 69

Cost Reduction Negotiating Skills Price Reduction Material Savings 69

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

FEBRUARY 25, 2022

I thought I understood all the major supply chain implications of the pandemic until I began reading Yossi Sheffi’s new book The New (Ab)Normal: Reshaping Business and Supply Chain Strategy beyond Covid-19. Oil Prices Jump. The Potential Impact on the Electricity Prices. shale or Iran, for example. Russia Attacks Ukraine.

Price Reduction 105

Price Reduction Supply Chain Planning Software Expense Reduction Logistics Network Optimization Software 105

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. A Positive Example. We will continue to explore the concrete steps toward a new definition agility and resilience in the next article. And Agility Can Help Improve Profitability Too?

Supply Chain Software 119

Supply Chain Software Definition Supply Chain Planning Software Supply Chains 119

Logistics Bureau

JANUARY 25, 2025

Thats what well explore in the article, both as a general indication of the supply chains impact on future business performance, and a guide for potential investors. What should investors look for when deciding which companies offer the most promising possibilities of healthy yields? Which Supply Chain Approaches Will Drive ROI for Investors?

Supply Chain Planning Software 70

Supply Chain Planning Software Supply Chain Software Modeling Software Supply Chains 70

MTS Logistics

APRIL 14, 2021

For years, shipping companies have been consolidating with alliances or mergers so that they have some kind of control over capacity and pricing. This is due to the fact that pressure is taken off with supply cuts. At Savannah last month, for example, there were over 13 vessels waiting – which may look small compared to the U.S.

Price Reduction 98

Price Reduction Cost Reduction Cargo Examples 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. There are several possible ways to eliminate this form of energy wastage.

Cost Reduction 98

Cost Reduction Purchasing Skills Waste Reduction Material Savings 98

Logistics Bureau

AUGUST 2, 2021

Competitiveness of Pricing. The price you pay your vendors for their products is a significant factor in your company’s ability to compete in its market. However, your company probably procures a wide range of indirect supplies, and this is where pricing can impact your competitive advantage. Supplier Defect Rate.

Procurement Analytics 98

Procurement Analytics Procurement Solutions Optimal Sourcing Procurement 98

Blue Grace Logistics

MARCH 17, 2022

High priced diesel fuel impacts the total cost of transportation through fuel surcharges. What’s in this article: Current market volatility on rising fuel costs. How high diesel prices may change future freight procurement strategies. How high diesel prices may change future freight procurement strategies.

Cost Reduction 62

Cost Reduction Price Reduction Expense Reduction Waste Reduction 62

Logistics Bureau

DECEMBER 4, 2023

Inventory management is a crucial aspect of supply chain management, and effective strategies can help businesses reduce costs, improve customer service, and increase profits. But what does a great inventory management strategy look like? At that point, each SKU will be taken to any convenient storage location in the warehouse.

Inventory Reduction 75

Inventory Reduction Eliminating Excel in Purchasing Inventory Waste Reduction 75

Ship Monk

FEBRUARY 24, 2024

You never want to cut corners on these, or any, crucial areas of your ecommerce brand. For example, ShipMonk customizes logistics services and associated fees to the unique needs of every client. But with almost every case of overpreparing there is a price to pay.

eCommerce 105

eCommerce Inventory Reduction Tips Waste Reduction 105

Logistics Viewpoints

JUNE 27, 2024

This article comes from Carlos Díaz Madero, Subdirector Marketing at netLogistiK , and looks at the key trends that are transforming supply chain management. ” Today, consumers can access various tools to select suppliers and retailers that offer the best prices, superior services, and delivery options tailored to their lifestyles.

Supply Chain Software 115

Supply Chain Software Supply Chains Trends Logistics Network Optimization Software 115

Logistics Viewpoints

APRIL 27, 2023

Today’s article comes from Eric Mcpherson at Open Sky Group and looks at a WMS budget and preparing for implementation. When you begin researching Warehouse Management System ( WMS ) software, you’re probably running into some difficulties in the budgeting process because pricing is not always readily available.

Supply Chain Planning Software 115

Supply Chain Planning Software Modeling Software Logistics Network Optimization Software Supply Chain Software 115

GlobalTranz

NOVEMBER 2, 2015

Automated material handling systems reduce—and sometimes eliminate—the need for human intervention in industrial tasks. When “touches”—human intervention—are reduced, costs are significantly impacted. Reduced Costs. Plain and simple. over the next four years to reach $7.1 billion by 2019—up from $4.8 billion in 2014.

Materials Handling 104

Materials Handling Material Savings Handling Automation 104

SYSPRO Smarter ERP

JANUARY 12, 2022

As a recent article notes: “for procurement to lead the way, companies will want to reimagine not just what the function does but also how it operates and which new capabilities it will need” (McKinsey – Reimagining procurement for the next normal). The reduction of manual processes also decreases the manual workload.

Manufacturing Procurement 105

Manufacturing Procurement Optimal Sourcing Procurement Solutions Supply Chain Planning Software 105

Logistics Bureau

OCTOBER 10, 2022

Those are the precise questions we’ve set out to answer in this article. Before we look at the barriers to optimal inventory and the possible ways to eliminate or overcome them, let’s be clear on what inventory optimisation means—because misconceptions do abound. Inventory Optimisation: A Clarification. 1: Service Levels.

Inventory Reduction 105

Inventory Reduction Inventory Optimization Modeling Optimization Software 105

WorkWave

NOVEMBER 18, 2019

Additionally, some owners believe that up-charging customers and inflating prices is an effective strategy because it gives the appearance of legitimacy and quality. If you price your services too high, you can end up driving customers away. In this article, we’ll cover all of the things that should go into your decision.

Price Reduction 56

Price Reduction Material Savings Optimization Software Cost Reduction 56

Stord

JANUARY 7, 2019

Driven by problems of scale, pricing, and flexibility, these new solutions help shippers reach key markets, meet holiday demand, and ultimately gain a competitive advantage. We’ve rounded up the key insights from the article below. High prices make shippers’ lives difficult, but a lack of flexibility is also an obstacle.

Price Reduction 78

Price Reduction Inventory Reduction Supply Chain Planning Software Supply Chain Software 78

Turvo

DECEMBER 7, 2021

Why is freight pricing reaching historical records? Despite the crisis, the market rules out seeing the low prices that helped the economy and international trade recover after the 2009 crash, which will give inflation a boost. High prices severely affect the global trade market. times what it was two years ago.

Price Reduction 77

Price Reduction Operations Freight Logistics Network Optimization Software 77

Ship Monk

JULY 7, 2022

As online shoppers, we see examples of minimum order quantity everywhere. This article will define minimum order quantity, show you some examples, and help you decide if it’s the right strategy for the type of items you sell online. Minimum Order Quantity vs. Pricing Strategy.

Purchasing Skills 98

Purchasing Skills eCommerce Ordering Negotiating Skills 98

20Cube Logistics

FEBRUARY 14, 2022

Logistics costs in large part are determined by the underlying price of fuel. While 20Cube , a freight forwarder in Australia, goes above and beyond to streamline logistics processes and help customers save money, fuel prices are set by macroeconomic supply and demand forces beyond the control of any one industry actor. Service Areas.

Freight forwarding 56

Freight forwarding Price Reduction Freight Cost Reduction 56

Logistics Bureau

OCTOBER 11, 2024

The Changing Role of Procurement Highly successful organisations often see their Chief Procurement Officers (CPOs) proactively driving global procurement strategy, sharing responsibilities with COOs and CFOs on value creation initiatives, and deploying global resources to achieve the ultimate supply chain targets.

Manufacturing Procurement 98

Manufacturing Procurement Optimal Sourcing Procurement Solutions Procurement Analytics 98

Logistics Bureau

NOVEMBER 8, 2021

In answering that question, we’re not going to provide you with a list of possible supply chain KPIs to use in your business—at least, not in this article. Because you can find plenty of other articles on this blog and the Logistics Bureau blog if you’d like to peruse such lists. The Importance of Aligned Objectives.

Supply Chain Software 96

Supply Chain Software Supply Chains Scenario Planning Cost Reduction 96

The Logistics of Logistics

MAY 18, 2022

In this episode, Joe Lynch sits down with William Sandoval , the Senior Vice President of Product Management and Strategy at PowerFleet Inc. I’m the Senior Vice President of Product Management and Strategy for PowerFleet. I will give you an example of predictive. You can reduce your inventory costs.

Data 370

Data Modeling Software Supply Chain Design Software Optimization Software 370