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

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

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Logistics Business Magazine

OCTOBER 23, 2024

Fast and free shipping has become a cornerstone of success in e-commerce with 75% of consumers prioritizing it when making purchasing decisions. Offering this service presents significant challenges, however, from rising operational costs to balancing customer expectations with profitability.

Cost Reduction 55

Cost Reduction Price Reduction Expense Reduction Resource Reduction 55

Logistics Bureau

NOVEMBER 14, 2018

Even if you simplify your product range and your upstream suppliers, you still have to deal with the ramifications of diverse customers, their expectations, their location and the logistics needed to meet their requirements. How Much Does It “Cost to Serve” Your Customer? It costs you a certain amount to make a product.

Purchasing Skills 93

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Logistics Bureau

JANUARY 3, 2025

Quality and Detail of Data and its Analysis In some of our earlier posts, weve stressed the importance of simplicity in distribution network design , and we will return to that topic later in this article. Transportation options: Costs and lead times for each available transportation mode.

Supply Chain Design Software 75

Supply Chain Design Software Supply Chain Design Distribution Networks 75

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

JUNE 8, 2023

Technology for All In a retail era dominated by e-commerce giants, customer expectations have shifted towards instant product delivery at no cost. To meet these demands and ensure superior delivery experiences, retailers and carriers must leverage last-mile delivery technology. Cost is an important consideration as well.

Modeling Software 109

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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. Once a given KPI shows that performance consistently meets or exceeds the required level, you can raise the bar and set a higher target.

Supply Chains 74

Supply Chains Procurement Analytics Inventory Reduction Purchasing Skills 74

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

Logistics Viewpoints

MAY 27, 2022

The more cautious outlook is driven by wage and inflationary pressures, as well as increased freight costs. Diving deeper into the factors behind cost increases, Dick’s management noted the high fuel prices that continue to increase.

Logistics Network Optimization Software 123

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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. Look out for industry-type events in your area, as these provide an opportunity for you to meet lots of people.

Supply Chain Planning Software 98

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

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? In short, automation in logistics is a major step forward for companies that want to be more efficient and reduce costs.

Supply Chain Software 62

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

GlobalTranz

MAY 13, 2015

Walmart would not have the ability to provide such low prices and have consistent inventory in the over 5,000 stores in the United States and over 1.3 is one of a growing number of big-box retailers building out their supply chains with distribution centers designed to meet the demands of online shopping.

Supply Chain Planning Software 115

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 115

3PL Links

DECEMBER 24, 2024

However, many businesses still make the mistake of viewing warehousing as just a cost, overlooking its strategic value in driving efficiency, customer satisfaction, and overall business growth. In this article, we will discuss some of the main types of logistics warehouses, as well as their advantages and disadvantages.

Inventory Reduction 62

Inventory Reduction Material Savings Optimization Software Cost Reduction 62

Logistics Viewpoints

JANUARY 26, 2021

The hyper-focus on meeting customer expectations is also creating pressures upstream in the supply chain, as manufacturers extend visibility and collaboration beyond their own walls to avoid any disruptions. To meet customers’ growing expectations for personalized offerings, the typical company’s product lines have grown exponentially.

Supply Chain Software 117

Supply Chain Software Definition Supply Chain Planning Software Supply Chains 117

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 collaboration enables faster response times and cost savings. Traditional, linear supply chains struggle to adapt.

Supply Chain Design Software 125

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Scenario Planning 125

Logistics Viewpoints

SEPTEMBER 15, 2021

Earlier this month, I wrote an article about the diverse range of mobile warehouse robotics solutions available in the market today. Many traditional warehouse automation systems offer high throughput capabilities that provide low variable costs of fulfillment. They introduce the concept of unknown opportunity costs (i.e.,

Supply Chain Software 120

Supply Chain Software Automation Operations Scenario Planning 120

Logistics Viewpoints

NOVEMBER 17, 2022

This article is from Chetan Chaudhari at GEP and examines the ongoing aluminum can shortage. Many breweries were also reported to be paying premiums to purchase cans just to meet their immediate needs. To read the full article, click HERE.

Packaging 117

Packaging Manufacturing Procurement Optimal Sourcing GEP 117

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

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 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

SYSPRO Smarter ERP

OCTOBER 11, 2021

Each day these manufacturers manage complex supply chains , carry out highly precise production, and must negotiate a raft of regulations. Mid-size manufacturers operate mainly in the batch process space and that is what this article focuses on. This can be different as well as for the purchasing (e.g. 500ml or 1-litre bottles).

Manufacturing Procurement 119

Manufacturing Procurement ERP Supply Chain Planning Software Purchasing Skills 119

Logistics Viewpoints

SEPTEMBER 22, 2022

Consumers were hoarding, stores were limiting purchases, and there was a general sense of chaos. One article touched on an interesting point that no one else was looking at. These lost crops will result in lower availability of wine, thus driving up the costs. The answer, it turned out, was a lot of things.

Supply Chain Design 109

Supply Chain Design Supply Chains Purchasing Skills Price Reduction 109

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

Ship Monk

APRIL 16, 2024

payment fraud) cost online merchants an estimated $38 billion in losses — a figure that doesn’t include the negative effects on customer loyalty and the brand’s reputation. As a result, the ecommerce business has lost the product and the revenue from the sale, plus associated fulfillment costs, shipping costs, and chargeback fees.

eCommerce 105

eCommerce Modeling Software How To Procurement Solutions 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

GlobalTranz

FEBRUARY 12, 2018

In this article, he writes about the characteristics of an effective supply chain manager. . You want to meet those standards? 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.

Supply Chain Planning Software 70

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

Logistics Viewpoints

APRIL 28, 2023

While it was a bit tough to jump right back into the swing of work, I saw an interesting article about workplace conditions when I got back. Annual rate hikes taking hold and fuel surcharges not declining as sharply as fuel price indices over the past year contributed to the higher costs. percent for Q4. percent for Q4.

Material Savings 109

Material Savings Purchasing Skills Manufacturing Procurement Sourcing Strategies 109

GlobalTranz

DECEMBER 18, 2014

All metal fabricators realize that they have to do some analyses before the company purchases equipmen t or hires new people, but now there seems to be a new intensity about the process. Fabricators now are trying to be fast enough to meet any and all customer needs whenever they crop up. The keyword here is fast.

Manufacturing Procurement 94

Manufacturing Procurement Tips Purchasing Skills Sourcing Strategies 94

Logistics Bureau

NOVEMBER 21, 2024

We are constantly told by Real Estate companies that the three most important elements of any real estate purchase are location, location, location. Therefore, selecting the ideal warehouse location becomes crucial for enhancing operational efficiency and managing costs effectively. I would like to argue… not quite!

Cost Reduction 96

Cost Reduction Inventory Reduction Supply Chain Design Software Supply Chain Planning Software 96

Logistics Viewpoints

JUNE 16, 2022

This article is from Wayne Snyder at Blue Yonder, and looks at the intricacies of the ever-growing same-day delivery market. In order to meet customer needs, retailers need to understand their customers’ expectations better. To read the full article, click HERE. Step One: Right Inventory in the Right Location.

Inventory Reduction 135

Inventory Reduction Inventory Survey Supply Chain Software 135

Logistics Viewpoints

AUGUST 23, 2021

In one McKinsey survey of more than 100 large organizations in multiple sectors, companies that regularly collaborated with suppliers demonstrated higher growth, lower operating costs, and greater profitability than their industry peers. Depending on the industry, companies can see cost savings of 5 to 10% and revenue gains of 7 to 10%.

Collaboration 117

Collaboration Supply Chain Planning Software Optimal Sourcing Modeling Software 117

Blue Grace Logistics

JUNE 13, 2022

Here’s how many companies are turning to their supply chains to meet their ESG goals. ” READ THE FULL ARTICLE HERE. These factors are strong motivators for change, which is currently focused on transportation, procurement, and supplier requirements and monitoring. REDUCING EMISSIONS FROM TRANSPORATION.

Supply Chain Design Software 62

Supply Chain Design Software Supply Chain Software Optimal Sourcing Supply Chain Design 62

Dedola Global Logistics

JULY 17, 2023

In this article, we will address some of the most frequently asked questions about importing goods to the United States. Their expertise allows them to pass on cost savings to customers. The availability of a diverse range of goods helps keep prices low and enhances consumer purchasing power.

Purchasing Skills 98

Purchasing Skills Document Freight forwarding Cargo 98

Logistics Bureau

AUGUST 7, 2023

In this article, we’ll look at some of those challenges and explore potential solutions to help you and your IM team meet the burgeoning demand for fast and accurate order fulfilment. So what can you do to ensure your inventory management meets the challenge of multichannel sales? Book a free consultation.

Inventory Reduction 98

Inventory Reduction eCommerce Inventory Procurement Solutions 98

Trinity Logistics

SEPTEMBER 18, 2023

We still expect to see a seasonal increase in spending at the end of the year for holiday shopping, but with consumers being more dependent on credit for purchases, and the rate of savings on the decline, expenditures are expected to be less than in prior years. As freight volumes started to decline, as seen by the blue line in Figure 1.2,

Freight 118

Freight Manufacturing Procurement Purchasing Skills Capacity 118

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