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

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

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

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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

AIMMS

JULY 23, 2019

In a recent article published in Mundo Logística , Tereos’ Logistics and S&OP Executive Manager, André Margoto , shares valuable insights on how agribusiness companies can use optimization models in (near) real-time to inform planning decisions and bolster their S&OP process. Many of these factors are difficult to control and predict.

Procurement Analytics 111

Procurement Analytics Supply Chain Planning Software Scenario Planning How To 111

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

Logistics Bureau

JANUARY 14, 2018

In this short article, I’ll redress the balance a little by highlighting a few practical guidelines which, if adhered to, will increase the chances of a successful logistics outsourcing alliance. An extensive process mapping exercise, prior to supplier selection, should help to prevent this issue. Lets’ Raise a Half-full Glass.

Outsourcing 75

Outsourcing Tips Logistics Network Optimization Software Logistics 75

Supply Chain Brain

MAY 7, 2018

to the complex exercise of pricing. But pricing — given its dependence on a host of ever-changing factors — seems an especially fertile target for the technology. It’s that latter quality that applies to data-heavy disciplines such as pricing. pricing model. “If Webb sums up the role of A.I. Can the A.I.-driven

Price Reduction 40

Price Reduction Supply Chain Planning Software Modeling Software Supply Chain Software 40

Logistics Bureau

NOVEMBER 14, 2018

You then set a sales price for that product. Your sales price minus your production cost is your overall profit or margin; at least, before allowing for further expenses. The real value of knowing your Cost to Serve a given customer is to identify opportunities to increase or recover profit, rather than cut losses.

Purchasing Skills 93

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

AIMMS

JULY 23, 2019

In a recent article published in Mundo Logística , Tereos’ Logistics and S&OP Executive Manager, André Margoto , shares valuable insights on how agribusiness companies can use optimization models in (near) real-time to inform planning decisions and bolster their S&OP process. Many of these factors are difficult to control and predict.

Procurement Analytics 62

Procurement Analytics Supply Chain Planning Software Scenario Planning How To 62

WorkWave

AUGUST 22, 2024

In this article, we will explore 11 proven sales strategies that can help you increase your flower shop sales and cultivate lasting relationships with your clients. However, it’s vital to exercise caution and avoid over-ordering, as this can lead to waste reduction challenges and increased expenses.

Optimization Software 52

Optimization Software Cost Reduction Price Reduction Expense Reduction 52

Logistics Bureau

DECEMBER 28, 2024

In this article, outsourcing will refer specifically to transport and warehousing functions. This loss of focus can result in under performance and revenue reduction. Such divestment strategies by manufacturers have become a blessing for third party logistics providers who have won large amounts of new business for this reason alone.

Outsourcing 52

Outsourcing Inventory Reduction Cost Reduction Price Reduction 52

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. So how can you be sure you’re getting the best freight rates possible?

Negotiating Skills 96

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

Logistics Bureau

SEPTEMBER 26, 2017

Horizontal integration has become the go-to value chain strategy over the last two or three decades, to the point where companies that insisted upon remaining vertical became the outliers in a global field of distributed organisations. For Starbucks, vertical integration is a risk mitigation strategy. Ferrero: They Must be Nuts.

Supply Chain Planning Software 45

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Logistics Bureau

JANUARY 30, 2017

Strange as it may seem, many business leaders don’t have the answers to these questions , because they’ve never conducted an exercise to understand the costs involved with supplying their customers. Development of profitable strategies for customer or product segmentation. High CTS/high revenue yield – love to hate.

Supply Chain Design Software 67

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 67

Logistics Bureau

OCTOBER 31, 2016

Supply Chain Strategy. You might expect that an article section on supply chain strategy would contain some pretty complicated concepts and ideas. If so, prepare to be surprised, because it doesn’t get any more basic than this: Your company must have a documented and commonly understood supply chain strategy.

Supply Chain Design Software 45

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 45

Logistics Bureau

NOVEMBER 30, 2024

Supply Chain Strategy You might expect that an article section on supply chain strategy would contain some pretty complicated concepts and ideas. If so, prepare to be surprised, because it doesn’t get any more basic than this: Your company must have a documented and commonly understood supply chain strategy.

Supply Chain Design Software 40

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

Logistics Bureau

JULY 18, 2018

This article was first published in the July / August 2018 issue of MHD Supply Chain Solutions. A plan is necessary, possibly based on one of the following strategies. Reverse Logistics Strategy 1: Don’t do it! Reverse Logistics Strategy 2: Make it Painless. Reverse Logistics Strategy 3: Make it Profitable.

Reverse logistics 53

Reverse logistics Vendor Strategies Logistics Network Optimization Software Inventory Reduction 53

Logistics Bureau

OCTOBER 1, 2024

You know, you’ve got to try and balance that purchase quantity versus purchase frequency and look at the total cost of ownership of inventory, not just the purchase price. Very often you can reduce labor costs by 15 to 20%. I was going to say poor but inappropriate purchasing policies. What does that mean?

Capacity 75

Capacity How To Sorting Purchasing Skills 75

Blog on Log

AUGUST 19, 2006

This article does not profess to address all components of creating ‘Intelligent Logistics’. However, in reality most strategic planning exercises neither embed foresight, nor create responsive networks. This will help reduce safety stocks and hence costs, improve customer service and make the Logistics network more adaptive.

Supply Chain Planning Software 40

Supply Chain Planning Software Logistics Network Optimization Software Tracking and Tracing Supply Chain Design Software 40

Logistics Bureau

AUGUST 17, 2017

Cost To Serve (CTS) enables companies to reduce cost and improve EBIT (earnings before interest and tax) performance by up to 20 per cent. Implement the CTS discipline and identify the areas of opportunity to reduce costs and improve sales. Re-balancing inventory across the business to improve service and reduce costs.

Purchasing Skills 45

Purchasing Skills Cost Reduction Inventory Reduction Resource Reduction 45

Infosys Supply Chain Management

NOVEMBER 16, 2012

As was the case last year, the 2012 holiday buying season will be very much about the continued leveraging power of consumers in exercising multi-channel buying preferences and technology-enabled online tools. Not only will this drive more fulfillment cost efficiency, it reinforces the strategy to have consumers back in stores.

Supply Chain Planning Software 24

Supply Chain Planning Software Eliminating Excel in Purchasing Supply Chain Software Supply Chains 24

Logistics Bureau

JANUARY 21, 2025

Its a strategy worth considering before looking at external benchmarking, because it might allow you to reduce the scope of an external benchmarking exercise, and narrow the gaps between your company and its peers. Your supply chain strategy should support and align with that of your business generally.

Supply Chains 40

Supply Chains Scenario Planning Cost Reduction Expense Reduction 40

247 Customs Broker

MARCH 26, 2018

First, the typical procurement-driven sourcing event views transportation as a commodity and thus, is oriented toward getting the lowest price. As the VP of Sales for a large national truckload carrier recently told me, “Today, our negotiation strategy is indifference. Article Topics. Pricing &middot. Subscribe today.

Optimal Sourcing 28

Optimal Sourcing Sourcing Strategies Negotiating Skills Negotiate Pricing 28

FLS Transport

JANUARY 4, 2021

While this is nothing to cheer about, industrial output combined with the other items noted in this article will continue to increase the demand for trucks during the normal lull. Per the FMCSA calculations, this represented a very deep cut of 4.4% Last week’s Federal Reserve report noted additional increases in production.

Freight 52

Freight Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software 52

Logistics Bureau

SEPTEMBER 3, 2017

In this article, we look at why you might want to collaborate in your logistics, where opportunities lie, what makes collaboration work, and conversely, what makes it fail. Sharing costs and bringing prices down through economies of scale, depending on the type of collaboration, can help each company’s bottom line.

Collaboration 40

Collaboration Logistics Network Optimization Software Manufacturing Procurement Supply Chain Design Software 40

Logistics Bureau

SEPTEMBER 3, 2017

In this article, we look at why you might want to collaborate in your logistics, where opportunities lie, what makes collaboration work, and conversely, what makes it fail. Sharing costs and bringing prices down through economies of scale, depending on the type of collaboration, can help each company’s bottom line. Click To Tweet.

Collaboration 40

Collaboration Logistics Network Optimization Software Manufacturing Procurement Logistics 40

247 Customs Broker

JUNE 6, 2018

Getting this right to maximize your transportation strategy is a balancing act—regardless of the mode or modes of shipping. How economies of scale affect that balancing act is the subject of this article. The sources of economies of scale to be discussed later in this article are more systematic. Inside and outside.

Purchasing Skills 28

Purchasing Skills Negotiating Skills Sourcing Strategies Supply Chain Planning Software 28

Logistics Bureau

JANUARY 14, 2025

The Factory Gate Pricing (FGP) and Primary Freight (PF) strategies, as adopted by major grocery retailers, are causing a shudder up the spine of many retail suppliers. What are Factory Gate Pricing and Primary Freight strategies? The product pricing therefore becomes ex works.

Price Reduction 75

Price Reduction Cost Reduction Sourcing Strategies Negotiate Pricing 75

Logistics Bureau

NOVEMBER 3, 2024

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 2014, a survey by Tompkins Consortium delivered a shocking revelation.

Supply Chain Design Software 74

Supply Chain Design Software Supply Chain Design Inventory Reduction Cost Reduction 74

Automotive Logistics

AUGUST 14, 2018

However, according to PwC, the average additional price on the finished vehicle of a 25% tariff ranges from $4,000 for vehicles from Mexico to $9,000 for vehicles from Germany, the average price of those premium German vehicles already being $41,000 (see chart below). Potential global impact of tariffs (click to enlarge). “At

Supply Chain Planning Software 39

Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Design Software Modeling Software 39