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Your inbox quickly fills with concerned emails highlighting rising costs, delayed materials, and your teams urgent efforts to assess the situation and determine the next steps. manufacturer I know saw their import costs jump overnight, forcing a rethink of a decade-old sourcing strategy.
Image source: Pexels | 7 Cost-Saving Tips Every Supply Chain Manager Should Know Managing costs effectively is crucial for success in the competitive supply chain world. With logistics, labor, and inventory costs on the rise, finding targeted ways to reduce expenses can have a significant impact on your bottom line.
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.
This comes as no surprise when the last mile can account for over 50% of total shipping costs. As we look ahead to 2025, businesses are increasingly turning to AI-driven technologies to streamline last-mile delivery, cut rising costs, and keep customers satisfied.
Image source: Pexels | Top 5 Benefits of Outsourcing Logistics to a 3PL Provider In today’s fast-paced and increasingly competitive market, businesses are continually seeking ways to streamline operations, reducecosts, and enhance customer satisfaction. Moreover, outsourcing transforms fixed costs into variable costs.
This allows us to create contingency plans that reroute shipments or adjust delivery schedules in advance, reducing downtime and keeping supply chains intact. Diversified Port Strategies : DGL identifies and utilizes alternative port options to keep your cargo moving.
Brian and Will dive into how businesses are using these practices to enhance efficiency, reduce their carbon footprint , and ultimately, boost profitability. What Youll Learn: Inventory Optimization: How better inventory placement minimizes waste and costs.
As freight transportation costs continue to rise year-on-year, manufacturers, wholesalers, retailers and any other organisations that are part of a supply chain must think smarter about pushing down the cost of moving goods from A to B. Maximise Your Carrier Capacity How are you presenting your freight to the freight company?
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.
Recent research across 50+ procurement professionals found them most concerned with the impact of external factors on operations, with rising costs ( 55% ), geopolitical disruptions ( 45% ) and capacity constraints ( 38% ) at the top concerns.
If youve followed our blog over the years, youll know that weve shared lots of information about distribution network design, why its vital to get it right, how long it should take, the importance of reviewing the network every so often, and various elements of design such as determining the number of warehouses and where to locate them.
For example, an ERP for automotive distributors needs to include not just a standard sales function but also allow for automotive-specific processes like call-offs and contract pricing, as well as other processes like returns and lot traceability. Inventory management and warehousing Thousands of parts are used in automotive distribution.
As you’ll know, if you follow our blog regularly, Logistics Bureau does a great deal of work related to supply chain strategy development and alignment. As a result, and as we’ve mentioned in several previously published articles, we’ve discovered that many companies lack a defined and documented supply chain strategy.
The Lean method was created by the Japanese company Toyota with the aim of optimizing manufacturing flows and eliminating everything that generates errors, delays, and bottlenecks. This is the concept behind Lean Logistics, an approach focused on eliminating waste and increasing efficiency : What is Lean Logistics?
For example, customs-related delays are often due to paperwork or procedural errors due to inexperience or neglect. A reputable, reliable freight forwarder like Dedola Global Logistics can find a solution to minimize or eliminate delays, even under severe circumstances such as global disruptions like COVID-19. Going the Extra Mile.
Every step of the process that brings your product from creation to your consumers’ front-door can cut into those margins and reduce your profitability. A brand’s goal is to maximize order value and repeat purchase rate, while minimizing variable product and shipping costs, optimizing ad costs, and keeping overhead costs low.
Introduction: 7 Game-Changing Shifts You Can't Ignore Did you know that 70% of importers faced unexpected supply chain costs in 2024? No cookie-cutter solutions herewe identify your unique needs, plan proactively, and leverage cutting-edge technology to deliver best-in-class logistics with precision and transparency.
Key Shipping Trends for 2025 Let’s explore the key shipping trends for 2025 and discover practical strategies for logistics providers to implement, ensuring they remain competitive and responsive to these upcoming changes. Studies predict that fuel costs may rise by 10-15% by 2025, making efficient routing a priority for logistics providers.
Ian Arroyo April 29, 2025 Blog As Freightos’ Chief Strategy Officer, I’ve had the privilege of witnessing firsthand how the logistics industry has transformed since COVID-19 disrupted supply chains worldwide. What’s become increasingly clear is that there are no more black swans in global logistics.
Image source: Pexels | How Real-Time Inventory Tracking Can Boost Your Profit in 2025 In today’s fast-moving business environment, real-time inventory tracking has become a critical tool for optimizing operations, cuttingcosts, and driving profitability. But how exactly does real-time inventory tracking impact your bottom line?
Transloading: A Comprehensive Guide With Client Examples . This can be useful for long-distance shipments that require multiple forms of transportation, as it allows for the use of the most cost-effective and efficient routes. Case Studies: DGL’s Successful Transloading Strategies for Clients in Various Industries.
Perhaps you haven’t had much opportunity, amid the turmoil, to consider the cost to serve your online customers. 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. High Cost to Serve: It’s an Omnichannel Problem.
Operational costs continue to increase for carriers year to year. Although many carriers have worked diligently towards reducing operational costs and increasing profit margins, there is still work to do for the top for-hire truckload freight carriers to improve. Freight data reduces dwell time and load time.
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. For example: we have the traditional warehouse and the cold storage warehouse. Reduction of time when carrying out tasks.
By implementing an ERP system, manufacturers can harness the power of streamlined processes and automation to reduce wastage and costs, improve productivity and increase communication. With centralized information sharing also comes greater collaboration between departments, reducing the problem of duplicated work.
Insights from Gartner’s Hype Cycle for Supply Chain Strategy, 2020. Gartner’s Hype Cycle for Supply Chain Strategy, 2020 offers some guidance. In the report, you will find capabilities across five categories: technologies, competencies, frameworks, operating model strategies, and organizational models. Firefighting is the norm.
Have you conducted a cost-to-serve (CTS) analysis for your enterprise? And that is the sole purpose of cost-to-serve analysis. If you were going to say, “What is a cost-to-serve analysis?” When costs begin to spiral out of control, the result is usually a loss of revenue in proportion to sales.
A resilient and agile supply chain strategy is not just a prudent choice—it’s a necessity, especially within the context of chemical supply chains. Challenges in Supply Chain Strategy Planning Designing a resilient and agile supply chain organization is not without its challenges.
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 costreduction.
In manufacturing, performance improvement, costreduction and process optimization are crucial. AI and ML can analyze machine data from a manufacturing ERP to predict when equipment might fail, allowing for timely maintenance and reducing downtime. Choose a business case that has a narrow scope, for example, demand forecasting.
Read also: 7 Cost-Saving Tips Every Supply Chain Manager Should Know 3PL, 4PL, and 5PL: different levels of outsourcing The big difference between these 3 levels, known as parts of the logistics process (party logistics), is the degree of outsourcing of services. This partner assumes the most global logistics strategy of all.
In our previous blog, we explored how matrices enhance supply chain efficiency, from inventory management to logistics. By leveraging these technologies, businesses can optimize operations, reducecosts, and make smarter, data-driven decisions. This reduces last-minute disruptions and improves overall supply chain resilience.
What This Blog Is About: Shipper’s top concerns for their supply chain. The opportunity cost of choosing the wrong mode of transportation. All things considered, 78% of shippers were concerned with reducing shipping costs in general. Analyzing Transportation Mode Opportunity Cost.
The Overweight Zone extends these capabilities, reducing the number of trips needed to transport goods, cuttingcosts, and improving turnaround times. Heres why: Cost Savings Fewer trips mean less fuel, fewer driver hours, and lower maintenance costs. Philadelphia, and New York.
Across our many blog posts, videos, webinars, eBooks, and other shared content, you’ll find a wealth of information about various aspects of outsourcing in the supply chain. However, I can’t recall writing a general guide about exploiting outsourcing opportunities to improve your supply chain.
Most manufacturing companies are working on what a low carbon future means for their business with the urgency to cut global CO2 emissions in half by 2030 and strive for a net-zero by 2050. For example, the manufacturing sector in Australia is one of the top three heaviest carbon emitters within the country.
Digitize Invoicing to Eliminate Errors and Guard Cash Flow. And in the example of invoices, the unwieldy process of cross-referencing and auditing means that fraud in the logistics business is all too common. In the logistics business, the pain points -- and the potential points of failure -- are numerous and come with very high costs.
But here’s the kicker for retailers: amidst all this chaos, they’ve got to keep their delivery costs lean without compromising on giving customers a smooth and enjoyable experience. This situation demands not just managing costs but also turning the returns process into a positive touchpoint with customers.
Blockchain’s tamper-proof nature eliminates any concerns over data validation, costs of managing data, time delays, and human errors. For example, consider the following benefits of blockchain in the supply chain : Traceability allows for the corruption-proof means of tracking goods, raw materials or shipments in real-time.
A KPI is a practical and objective measurement of progress, either: Towards a predetermined goal, or Against a required standard of performance It might help to think of a KPI as something like an instrument on a car dashboarda speedometer, for example. For this reason, KPIs are essential for any business improvement strategy.
Our discussion spanned various critical areas, including the distinguishing features of these commodities, the impact of global supply chain dynamics, and the essential strategies for managing risks and operational challenges. Take the Panama Canal, for example. Welcome back, Richard. And now, cybersecurity is a big threat.
According to industry reports, AI-driven logistics and automation could reduce operational costs by up to 30%, streamlining freight shipping like never before. The integration of big data analytics is optimizing routes, reducing delays, and improving overall logistics performance.
To look at what risks will affect the supply chain in 2018, Rob Savitsky of AIR Worldwide ( a member of the MIT Center for Transportation & Logistics Supply Chain Exchange program), wrote a blog for MIT discussing three broad categories of supply chain risk. Savitsky points to the example of a potential disruption that was averted.
Freight costs and budget adherence are among the most important and often overlooked aspects of transportation management. The costs of logistics as a ratio of total expenses are too significant to ignore. The costs of logistics as a ratio of total expenses are too significant to ignore.
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