Material Handling and Logistics

AUGUST 10, 2018

Though individual items often don’t amount to a huge expense, your total indirect spend and associated costs likely constitute a significant portion of your overhead expenses. Many facilities try to trim their indirect spend by negotiating lower prices on a few of their most expensive items. Too Costly.

Negotiate Pricing 90

Negotiate Pricing Negotiating Skills Purchasing Skills Procurement Solutions 90

GlobalTranz

DECEMBER 18, 2015

As we head into 2016, we are featuring our most read articles of 2015 in our five main categories: Manufacturing, Supply Chain, Logistics, Transportation Management, and Freight. Yesterday we published the top 10 most read manufacturing articles of 2015. . Top 10 Supply Chain Articles from 2015. No Purchase Orders were used.

Article 71

Article Supply Chain Software Supply Chains Inventory Reduction 71

3PL Links

JANUARY 8, 2025

Image source: iStocks | The Ultimate Guide to Fleet Management: Strategies to Control and Optimize Your Processes Investing in a fleet management system results in an improvement in internal processes, which directly reflects the quality of the service provided to the end customer. How does a fleet management system work?

Optimal Sourcing 62

Optimal Sourcing Cost Reduction Resource Reduction Expense Reduction 62

Logistics Viewpoints

AUGUST 31, 2023

Today’s article comes from Kyle Franklin, Senior Solutions Consultant, Lucas Systems, and looks at warehouse distribution errors. And I had some specific thoughts on how they could fix the problem. What’s the Actual Cost of a Mispick? How many future parts might I have purchased from this vendor?

Distribution 120

Distribution Vendor Strategies How To Inventory Reduction 120

Trinity Logistics

OCTOBER 27, 2020

Lucky for you, we’ve gathered five tips on how to save money while on the road. You don’t want to spend unnecessary money, so even packing your own toothbrush and floss rather than purchasing it at the rest stop store will save you something. Truck stop prices can sometimes be high, causing you to spend unnecessary dough.

Tips 118

Tips How To Trucking Purchasing Skills 118

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

GoShip Blog

JULY 27, 2021

In this article, let’s explore the factors you need to look for in a shipping provider: . This will force you to drive up your prices! Did you know that 40% of customers are likely to back out of purchase due to pricey delivery fees? . What are some of the factors to look for in the best shipping provider? . Coverage .

How To 98

How To Purchasing Skills Reliability Procurement Solutions 98

Logistics Bureau

MAY 31, 2021

If yours is one of those businesses shifting from traditional to online retail, you’ve probably faced some of the logistical challenges arising from the need to deliver your customers’ purchases to them. Perhaps you haven’t had much opportunity, amid the turmoil, to consider the cost to serve your online customers.

Cost Reduction 98

Cost Reduction Purchasing Skills Expense Reduction Inventory Reduction 98

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. Marketing costs.

Purchasing Skills 93

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

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 Viewpoints

NOVEMBER 1, 2022

This article is from Can Buyuk at Solvoyo and examines the benefits of vendor collaboration. How would a business know which one to choose? It reduces overall costs, errors, and inefficiencies for everyone involved. To read the full article, click HERE. Planning specific promotions or marketing campaigns.

Vendor Strategies 103

Vendor Strategies Collaboration Supply Chain Planning Software How To 103

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.

Procurement Analytics 111

Procurement Analytics Supply Chain Planning Software Scenario Planning How To 111

SYSPRO Smarter ERP

JANUARY 12, 2022

With direct and indirect materials making up at least 50% of typical manufacturing costs, the procurement function could be re-imagined so companies can be more responsive to customer demands and more agile when dealing with supply chain challenges. They have a contract with a supplier who delivers on time, and who charges acceptable prices.

Manufacturing Procurement 105

Manufacturing Procurement Optimal Sourcing Procurement Solutions Supply Chain Planning Software 105

Ship Monk

APRIL 28, 2023

Of US adults surveyed , 69% say environmental impact is important when making a purchasing decision. Teach them how purchasing from you makes them a part of that positive mission. If your brand is positively associated with eco-friendly partners and practices, this can definitely give you a competitive edge.

eCommerce 97

eCommerce Waste Reduction How To Material Savings 97

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. Added strokes don’t win jackets and added modifications in a WMS installation will cost you plenty. There may be a module you can purchase that solves your problem.

Supply Chain Planning Software 127

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

WorkWave

DECEMBER 23, 2020

There are a lot of factors out of your control, like the inevitable rise or fall of the cost of material, but you also get to call the shots like your own boss and set your prices and rates. There are a few key things to keep in mind when it comes to how to charge as a contractor. Factoring in travel costs is crucial, too.

Purchasing Skills 52

Purchasing Skills How To Tips Purchasing 52

Kanban Logistics

JUNE 25, 2020

As a fulfillment provider, we receive many questions about eCommerce fulfillment costs. Specifically, how to make them lower. eCommerce fulfillment costs: what do you need to pay for? All of these costs are variable based on location and scope of operations. How to reduce eCommerce fulfillment costs with a 3PL.

Negotiating Skills 52

Negotiating Skills Purchasing Skills eCommerce Cost Reduction 52

Material Handling and Logistics

JANUARY 4, 2019

One of the biggest sources of financial uncertainty in 2019 will be international tariff policy and its impact on product demand. Technology will continue to transform how we work. Look for more startups focusing on how to help developers drive software development productivity, he said. “I Human Capital Management.

Procurement Solutions 136

Procurement Solutions Modeling Software Optimal Sourcing Purchasing Skills 136

Ship Monk

JULY 7, 2022

It may sound tempting to force your customers into purchasing in larger quantities, but is it the best way to grow your business? 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

GlobalTranz

DECEMBER 16, 2015

While a contract documents the responsibilities and expectations of both parties, like a purchase order, warehousing or transportation contract, service level agreement or quarterly business review, there is a great deal of flexibility, even when they are lengthy and rigid. Each of these skills is necessary for a successful collaboration.

Negotiating Skills 57

Negotiating Skills Purchasing Skills Buyer Training Collaboration 57

3PL Links

NOVEMBER 26, 2024

Image source: Pexels | Everything You Should Know About Automation in Fulfillment Logistics Introduction to Automation in Logistics Have you ever thought about how Amazon delivers packages quickly and efficiently? And how does technology change the way products are shipped? How Does Automation Reduce Operating Costs?

Supply Chain Software 62

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

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

MARCH 14, 2018

To help you keep on top of your warehouse management and ensure your storage facilities don’t generate undue supply chain costs, take note of the following eight common warehousing mistakes. This in turn can impact supply chain cycle times, and generate excessive labor costs because of suboptimal productivity.

Warehousing 97

Warehousing Inventory Reduction Cost Reduction Expense Reduction 97

Ship Monk

JULY 19, 2022

Running an eCommerce business forces you to become an expert at a lot of things, but estimating shipping costs isn’t the best way to spend your time. This article will compare three top shipping companies, the US Postal Service (USPS), FedEx, and UPS, and show you how to calculate shipping rates for each. Dimensional Weight .

eCommerce 52

eCommerce Purchasing Skills Cost Reduction Material Savings 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 Purchasing Skills Logistics Network Optimization Software Supply Chain Planning Software 96

Ship Monk

AUGUST 5, 2020

Each method comes with its advantages and disadvantages, which is exactly what we’ll be exploring in this article! When a customer clicks on either button, they are purchasing from one seller and one seller only. The post FBA vs. FBM: How to Choose appeared first on ShipMonk | Fulfillment Center | Order Fulfillment Services.

How To 87

How To Inventory Reduction Price Reduction Purchasing Skills 87

Conger

MARCH 30, 2023

Because in this post, you’ll learn everything you need to know, including: What all the forklift fuel types are Common specifications, pros/cons, applications, and prices of each How to choose the right forklift fuel type for your needs Answers to common forklift fuel questions And lots more… Let’s dive in!

Purchasing Skills 52

Purchasing Skills Price Reduction How To Manufacturing Procurement 52

Logistics Bureau

JUNE 14, 2021

Historically, many of those customers concentrated keenly on measuring performance aspects such as cost to serve, perfect order, productivity, and cycle and lead times. However, they have experienced significant difficulties in getting goods from one place to another and endured vastly inflated freight and transportation costs.

Supply Chain Planning Software 85

Supply Chain Planning Software Optimal Sourcing Supply Chains Inventory Reduction 85

Logistics Bureau

OCTOBER 1, 2024

Let me share with you some very simple tips this week on how to fit more into your warehouse so that you can either avoid or delay having to move to a larger facility. I was going to say poor but inappropriate purchasing policies. Very often you can reduce labor costs by 15 to 20%. Not much additional cost involved.

Capacity 75

Capacity How To Sorting Purchasing Skills 75

IoT World Today

MARCH 27, 2020

Manufacturing companies that have relied on China for production materials are feeling the blowback of this dependence; some retailers source more than half their inventory from China, according to 2020 Statista data. And “it’s a great tool,” but there are more sophisticated, more accurate tools to do sourcing.

Supply Chain Planning Software 145

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Procurement Analytics 145

Logistics Viewpoints

AUGUST 18, 2022

Today’s article comes from Emerge, and looks at how to create full truckload budgets in a volatile market. Whether it’s for ocean freight, air, rail or truck, the fundamental issue with budgeting is that folks are called upon to assign accurate costs to transportation services that will be provided in the future.

Purchasing Skills 104

Purchasing Skills Scenario Planning Exercises Purchasing 104

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. Fast forward to 2023, and that’s where their final chapter began.

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

Ship Monk

JULY 28, 2022

This article will show you the difference between these types of inventory and how to calculate Work in Process inventory. If your eCommerce business makes and sells hats, for example, you purchase raw materials such as fabric, thread, leather, ribbon, etc. How to Calculate Inventory Assets. to make the hats.

Inventory 64

Inventory Manufacturing Procurement Purchasing Skills eCommerce 64

Logistics Bureau

APRIL 11, 2019

Source: Deloitte Report – The Future of Work. The tips and ideas in this article will assist you in making a start, and as it’s logical to begin your supply chain and logistics job search with a sense of direction, we’ll kick off by looking at some good starter jobs and the qualifications that will boost your candidacy for them. “As

Supply Chains 61

Supply Chains Security Purchasing Skills Scenario Planning 61

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

NOVEMBER 23, 2024

To help you keep on top of your warehouse management and ensure your storage facilities don’t generate undue supply chain costs, take note of the following nine common warehousing mistakes. This in turn can impact supply chain cycle times, and generate excessive labor costs because of suboptimal productivity.

Warehousing 74

Warehousing Inventory Reduction Cost Reduction Waste Reduction 74