Logistics Business Magazine

JANUARY 30, 2024

With claims cost inflation, parts shortages and rising costs of vehicle technology it is crucial to have a robust risk management strategy. Advice from these experts on enablement, the use of dashcams and sensors, risk management programs and use case examples. How can data help achieve and support this? How can data be shared?

Cost Reduction 51

Cost Reduction Strategy Logistics Network Optimization Software Data 51

Ship Monk

SEPTEMBER 14, 2023

If you’re not employing a multichannel sales strategy, you’re clearly missing out. But what, exactly is a multichannel sales strategy, and is it worth the investment? Even if a brick-and-mortar store does not have an online sales strategy, it should be using a multichannel marketing strategy. What is a Sales Channel?

Inventory Reduction 63

Inventory Reduction Price Reduction Cost Reduction eCommerce 63

Conger

JULY 28, 2022

Plenty of examples of warehousing. Perhaps the most prominent fulfillment center example is Amazon’s fulfillment centers. Contract warehouses are a type of public warehouse, with the difference in the fact that contract warehouses guarantee space availability when it’s needed. For example, take Co-op Partners Warehouse in St.

Examples 52

Examples Definition Supply Chain Design Software Supply Chain Software 52

FreightWaves SONAR

APRIL 7, 2023

Tailor a mini-bid strategy that plays to your strengths and protects your weaknesses. And while contract rates are more stable, prevailing market conditions will affect routing guide compliance and the available capacity of contracted carriers. Want to know how you can use SONAR data to optimize your transportation playbook?

Cost Reduction 52

Cost Reduction Price Reduction Strategy Freight 52

GoShip Blog

FEBRUARY 7, 2023

Over the years, marketing strategies have evolved with the times, the advent of technology, and changes in consumer behavior. Why a Solid Marketing Strategy is Important A marketing strategy refers to a business’s action plan for achieving its short and long-term goals and developing a sustainable competitive advantage.

Waste Reduction 52

Waste Reduction Price Reduction Resource Reduction Expense Reduction 52

Logistics Viewpoints

AUGUST 1, 2024

Top Challenges Faced by Companies: Customer Preferences: Example: An online fashion retailer faces the challenge of constantly changing customer preferences. They design their supply chain on a continuous basis and focus on ecommerce retailing strategies that segment their customer base according to buying behavior.

Supply Chain Design Software 166

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Scenario Planning 166

Logistics Viewpoints

JUNE 4, 2024

With tart cherry juice sales transitioning into a steady demand pattern, retailers must adapt their inventory strategies accordingly to meet this evolving consumer preference. It serves as a compelling example of how retailers must reassess their inventory strategies to adapt to rapidly shifting market demands driven by trends.

Inventory Reduction 142

Inventory Reduction Supply Chain Planning Software Inventory Waste Reduction 142

EazyStock

FEBRUARY 17, 2021

Inventory Replenishment Strategies to Boost Profitability. To overcome all these inventory management risks, you need a toolbox of effective inventory replenishment strategies. 5 Inventory Replenishment Strategies to Increase Profits. Any business that carries inventory needs to avoid stockouts and back orders.

Inventory Reduction 75

Inventory Reduction Material Savings Price Reduction Cost Reduction 75

Locus

OCTOBER 12, 2023

Let’s take a look at recent example of how the strategies employed by the Indian Cricket Team during their face-off against Australia in the 2023 World Cup resonate seamlessly with the principles of optimal last-mile delivery: 1. They synchronized their strategies, adjusting to the game’s rhythm. Their secret sauce?

Expense Reduction 64

Expense Reduction Cost Reduction Resource Reduction Strategy 64

CH Robinson Logistics

JUNE 10, 2021

In today’s market, knowing where to evaluate and adjust your LTL capacity strategies can feel overwhelming. But making faster, meaningful improvements to your LTL supply chain strategies and operations can be a seamless process that makes a positive impact on your business. Create a pick schedule that carriers value.

Cost Reduction 71

Cost Reduction Price Reduction Strategy Supply Chain Planning Software 71

Ship Monk

MAY 5, 2022

There are a few different ways to go about the big move, so it’s a matter of choosing the strategy that keeps your sales and fulfillment operations flowing smoothly throughout the transition. Most companies employ one of the following three strategies: Strategy 1: “Hard Switching” from Your Previous 3PL. Taking the Plunge.

Inventory Reduction 52

Inventory Reduction Vendor Strategies Cost Reduction 3PL 52

Logistics Viewpoints

AUGUST 15, 2024

The digital twin, for example, can be subjected to numerous stress tests that mimic real-world conditions and observe how different variables interact and impact the entire network. Supply chain policies and configurations are tested and leverage reinforcement learning to yield the best possible strategies.

Scenario Planning 157

Scenario Planning Supply Chain Planning Software Sourcing Strategies Optimal Sourcing 157

3PL Links

SEPTEMBER 8, 2023

Unlocking Customer Satisfaction: Is Your Fulfilment Strategy Aligned with Expectations? Labor, inventory accuracy, and split shipping are a few examples. Unlocking Customer Satisfaction: Is Your Fulfilment Strategy Aligned with Expectations?

Inventory Reduction 48

Inventory Reduction Sourcing Strategies Cost Reduction Expense Reduction 48

Logistics Bureau

OCTOBER 4, 2024

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. This is a good example of how vertical integration does not always have to be achieved by asset ownership.

Supply Chain Planning Software 91

Supply Chain Planning Software Supply Chain Software Supply Chains Material Savings 91

Logistics Bureau

MAY 30, 2022

Our three pillars (or fundamentals) of great supply chain management excellence are strategy, service, and cost. Aligning strategy, service, and financial factors in your supply chain operation is essential to support your company’s overall business strategy , mission, and objectives. The Importance of Alignment.

Inventory Reduction 113

Inventory Reduction Cost Reduction Price Reduction Supply Chain Planning Software 113

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. With the right strategies in purchasing, logistics and supply chain, you can navigate through a recession and come out as a winner.

Inventory Reduction 52

Inventory Reduction Price Reduction Cost Reduction Waste Reduction 52

MTS Logistics

JUNE 28, 2024

The products will be available in a new dedicated section on Amazon’s website and in its mobile application. Beta Phase The product offerings will likely be offered under a “beta testing” phase, with limited availability, limited pricing strategies, and fixed shipping policies, at the time of launch.

Scenario Planning 98

Scenario Planning Inventory Reduction Price Reduction Supply Chain Planning Software 98

Logistics Viewpoints

OCTOBER 17, 2024

Treating suppliers as essential partners in the field of direct spend management—almost like customers—can be a key component of a successful company strategy. Access to Unique Process and Asset Capabilities: Some suppliers offer unique skills, technologies, or processes that are not available in-house or through other sources.

Supply Chain Planning Software 145

Supply Chain Planning Software Manufacturing Procurement Supply Chain Design Software Optimal Sourcing 145

Logistics Viewpoints

OCTOBER 30, 2024

A nuanced understanding of these elements is critical for informed decision-making, thus let’s examine current costs, challenges, and potential strategies and offer a realistic perspective on the possibilities of space freight logistics. Public-private partnerships could help develop these technologies and make them available industry-wide.

Cost Reduction 142

Cost Reduction Expense Reduction Resource Reduction Material Savings 142

MTS Logistics

SEPTEMBER 30, 2024

For example, a one-day shutdown could see as many as 20,000 containers stuck on ships, unable to be unloaded, leading to cascading effects in the retail and manufacturing sectors. In this article, we will explore various alternative strategies that businesses can employ to navigate challenges and strengthen their resilience.

Negotiating Skills 89

Negotiating Skills Maritime Presentation Distribution 89

WorkWave

AUGUST 25, 2022

Targets will help you create a more direct and effective strategy and ensure that you’re not wasting time or resources on unrelated efforts. With analytics tools such as Google Analytics, you can better define which marketing strategies produce conversions (signups or sales) and revenue for your HVAC business. Easy Website Navigation.

Resource Reduction 52

Resource Reduction Waste Reduction Cost Reduction Sourcing Strategies 52

Logistics Viewpoints

AUGUST 29, 2024

Another key strategy is right-sizing cartons to match the specific dimensions of the products being shipped. This leads us to the idea of Dynamic Slotting , an essential strategy for space optimization. Another key strategy is the implementation of cross-docking. Product slotting is a complex problem.

Waste Reduction 151

Waste Reduction Optimal Sourcing Sourcing Strategies Resource Reduction 151

3PL Links

NOVEMBER 5, 2024

One powerful strategy that has gained traction is outsourcing logistics to a third-party logistics (3PL) provider. For example, a mid-sized e-commerce company that partnered with a 3PL was able to reduce its shipping costs by 25% thanks to the provider’s bulk shipping agreements.

Outsourcing 62

Outsourcing Cost Reduction Expense Reduction Inventory Reduction 62

Logistics Viewpoints

JUNE 3, 2024

Scott Fenwick, Senior Director Product Strategy for Supply Chain Planning at Manhattan Associates. For example, a supply planning solution may create a model that says a plant can produce 20,000 units of a product in a week. The announcement came on May 15th at the company’s annual user conference, Momentum.

Supply Chain Planning Software 155

Supply Chain Planning Software Scenario Planning Supply Chain Software Supply Chains 155

Logistics Bureau

OCTOBER 26, 2024

It can often be advantageous to avail of consulting services even if internal resources are readily available. Of the 30 to 40% of companies that do have a supply chain strategy, many find that somehow, their supply chain and logistics operations still don’t support the business as they should.

Supply Chain Planning Software 118

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 118

Logistics Bureau

AUGUST 2, 2021

For example, you might use simple observation to identify visible defects at goods-in, or you could make your analysis a bit deeper by testing a percentage of items received from the supplier. For example, every purchase order costs money to raise and process, as does every invoice. Vendor Availability. Supplier Defect Rate.

Procurement Analytics 118

Procurement Analytics Procurement Solutions Optimal Sourcing Procurement 118

Blue Grace Logistics

JANUARY 23, 2024

Moreover, investing in robust freeze protection strategies not only safeguards your cargo from temperature fluctuations but also enhances customer satisfaction by ensuring the timely and intact delivery of their goods. Some shipments must maintain temperatures above freezing to safeguard their quality and value. View Freight Shipping Tips

Freight 104

Freight Cost Reduction Supply Chain Planning Software Temperature 104

EazyStock

AUGUST 21, 2020

There are many financial benefits to introducing stock reduction strategies – in particular focusing on your excess and obsolete items. Here we’re going to focus on our favorite top five inventory reduction strategies. So it makes sense to look for ways to reduce inventory and keep levels under control!

Inventory Reduction 52

Inventory Reduction Cost Reduction Price Reduction Resource Reduction 52

GlobalTranz

NOVEMBER 16, 2016

Yet the majority of companies have not defined a big data strategy, and others are barely starting to notice. . �. As a result, the simplest way of defining a big data strategy must begin with understanding how it will evolve and affect the company. . How to Get Started with Your Big Data Strategy. .

Resource Reduction 91

Resource Reduction Cost Reduction Supply Chain Planning Software Supply Chain Software 91

10xLogistics

MAY 15, 2024

Collaborative Planning, Forecasting, and Replenishment (CPFR) is a strategy that has revolutionized this space, offering a systematic approach to reducing supply chain inefficiencies. Not Adapting to External Changes : External factors such as market fluctuations, regulatory changes, and technological advancements can impact CPFR strategies.

Supply Chain Planning Software 78

Supply Chain Planning Software Replenishment Inventory Reduction Scenario Planning 78

ShipLilly

APRIL 7, 2021

The shipping industry is currently dealing with severely strained container availability. However, that option is only available to those who have an adequate, up-to-date insurance policy. It is a logistical nightmare trying to keep with demand that is not satisfied by the number of available ships. Keeping Cargo Safe.

Cost Reduction 59

Cost Reduction Expense Reduction Inventory Reduction Resource Reduction 59

CH Robinson Logistics

JUNE 20, 2019

When I talk to worldwide businesses in Asia, Oceania, North America, or anywhere else, their chief concern is always the same: how do we meet our customers where they are to get them the products and services they want, all while keeping our own business strategy central? How to prioritize supply chain strategy for business expansion.

Sourcing Strategies 48

Sourcing Strategies Vendor Strategies Inventory Reduction Resource Reduction 48

Logistics Viewpoints

JANUARY 31, 2024

In smart manufacturing, for example, the deployment of a multitude of sensors and devices for real-time monitoring of machinery, predictive maintenance, and quality control are primary use cases. These concerns mean that industrial companies need to carefully consider how to integrate this new technology into their long-term strategies.

Supply Chain Design Software 177

Supply Chain Design Software Supply Chain Software Supply Chain Design Supply Chains 177

Logistics Viewpoints

DECEMBER 2, 2021

Importers will look for near-term strategies to move their shipments away from congested trade lanes or process containers further inland to minimize the impact of lead time variability that has dramatically increased in 2021. Online buying will fuel home delivery growth, challenges and new strategies.

Waste Reduction 199

Waste Reduction Cost Reduction Inventory Reduction Resource Reduction 199

Ship Monk

NOVEMBER 16, 2023

What are the differences between the two, and how does your choice of sales strategy affect your fulfillment services? As soon as the brick-and-mortar store adds a website, they’re using a multichannel sales strategy. Both types of ecommerce businesses might also use a multichannel marketing strategy. Here are a few examples.

Inventory Reduction 63

Inventory Reduction Logistics Network Optimization Software Supply Chain Planning Software eCommerce 63

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 82

Supply Chain Design Software Supply Chain Design Inventory Reduction Cost Reduction 82

Logistics Viewpoints

NOVEMBER 29, 2022

So, I tuned into soccer, which was much more readily available on television and in person. In this example, the tournament location, required infrastructure development, and very scope 3-heavy nature of the event, make the since retracted claim of a “plastic- and carbon-neutral” seem, well, kind of silly to make to being with.

Industry 132

Industry Resource Reduction Examples Article 132