GoShip Blog

APRIL 14, 2020

A shipping strategy is not as high of a priority for small business owners as it should be. Apart from shipping speed and cost, the overall shipping experience matters. Apart from shipping speed and cost, the overall shipping experience matters. Shipping for small businesses is not limited to just cutting costs , either.

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WorkWave

JANUARY 8, 2024

Choosing the right pricing strategy is essential for businesses aiming to thrive in competitive landscapes and secure a prominent position within local markets. In this blog, we’re going to cover why every service business owner needs to prioritize pricing strategies and discuss three of the most common and strategic pricing models.

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Price Reduction Material Savings Cost Reduction Resource Reduction 52

Blue Grace Logistics

OCTOBER 18, 2023

Enhancing Supply Chain Sustainability Show Submenu Resources The Logistics Blog® Newsroom Whitepaper Case Study Webinars Indexes Search Search BlueGrace Logistics - October 18, 2023 October is Sustainability Month, a time to reflect on our impact on the planet and seek ways to reduce our carbon footprint.

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Resource Reduction Cost Reduction Supply Chain Planning Software Supply Chain Software 62

FreightWaves SONAR

JANUARY 28, 2021

Adjusting current logistics strategies demonstrated the second great challenge of the pandemic. Embracing new and improved logistics strategies remains the best way to adapt to clients’ changing demands in 2021 and beyond. Strong and versatile logistics strategies depend on this data. Download the White Paper.

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Waste Reduction Resource Reduction Price Reduction Cost Reduction 105

WorkWave

JANUARY 8, 2024

Choosing the right pricing strategy is essential for businesses aiming to thrive in competitive landscapes and secure a prominent position within local markets. In this blog, we’re going to cover why every service business owner needs to prioritize pricing strategies and discuss three of the most common and strategic pricing models.

Price Reduction 52

Price Reduction Material Savings Cost Reduction Resource Reduction 52

Blue Grace Logistics

AUGUST 7, 2024

Cost to Serve: The measurement of cost factors that go into the servicing of a customer, or the production of a product. For companies involved in shipping freight, the combination of order-level management and cost to serve analysis can be a game-changer.

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Cost Reduction Expense Reduction Resource Reduction Ordering 93

3PL Links

MAY 3, 2023

Improving Supply Chain Visibility: The Impact of Data Strategy | Image source: Pixabay A business-contextualized data approach is crucial for boosting supply chain visibility, especially during downturns. It is important to answer the following questions: What is the goal of developing a data strategy? Which tools should we use?

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GoShip Blog

JUNE 21, 2022

This form of marketing leverages online tools to reach a wider audience, build sustainable relationships, and generate sales. It is an indispensable tool for small businesses that wish to thrive in today’s day and age. Here are some of the best digital marketing strategies for your small business: Use social media.

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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. Rapid cost increases, interest rate hikes and reduced demand require more effective inventory management and forecasting attention.

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Inventory Reduction Price Reduction Cost Reduction Waste Reduction 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.

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Waste Reduction Price Reduction Resource Reduction Expense Reduction 52

Logistics Bureau

SEPTEMBER 4, 2023

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.

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Negotiating Skills Purchasing Skills Cost Reduction Analysis 90

Logistics Viewpoints

APRIL 6, 2023

Their metrics are often misaligned as well – supply chain focuses on service and procurement focuses on the cost of acquiring materials and services. This approach results in inefficiencies, higher costs, and missed opportunities. These costs fall within the “Cost of Goods Sold” components of the company’s financial statement.

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EazyStock

APRIL 13, 2022

What is a supply chain strategy? A supply chain strategy explains how a company will bring goods into the business and get them out to customers as effectively as possible. Considering every phase in the supply chain, such as sourcing goods, logistics and delivery, the strategy optimizes operations to reduce costs and maximize profits.

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Inventory Reduction Sourcing Strategies Cost Reduction Supply Chain Planning Software 52

3PL Links

NOVEMBER 5, 2024

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, reduce costs, and enhance customer satisfaction. Moreover, outsourcing transforms fixed costs into variable costs.

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3PL Links

MAY 19, 2024

Image source: PxHere | Mastering Demand and Inventory Planning: Essential Strategies for Success Have you ever thought about how businesses effectively satisfy customer demand and maintain supplied inventory? How to reduce risks in demand planning? Demand and inventory planning is a critical procedure that holds the key to success.

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Inventory Reduction Sourcing Strategies Cost Reduction Supply Chain Planning Software 48

Blue Grace Logistics

APRIL 1, 2024

In an era where resilience and adaptability are key to survival, technology has become the bedrock upon which supply chain professionals build their strategies. These tools are helping businesses advance operations, enhance efficiency and drive growth, irrespective of the volatile economic market conditions.

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Optimal Sourcing Supply Chain Software Optimization Software Supply Chain Planning Software 115

FreightWaves SONAR

FEBRUARY 11, 2021

However, enterprise shippers can make a comeback by implementing smart truckload shipping strategies by retooling and putting freight forecasting power to work. And these additional five shipping strategies can help enterprise shippers maximize recovery and boost profits. Freight transport cost per shipment.

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Sourcing Strategies Cost Reduction Supply Chain Planning Software Optimization Software 98

Logistics Bureau

MAY 31, 2021

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.

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Cost Reduction Purchasing Skills Expense Reduction Inventory Reduction 117

Blue Grace Logistics

JUNE 27, 2024

Companies across various industries are constantly seeking ways to streamline their operations, reduce costs, and enhance customer satisfaction. One strategy gaining increasing popularity is partnering with third-party logistics providers, commonly known as 3PL partners. Cost control goes beyond simply finding the lowest rate.

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Inventory Reduction Resource Reduction Cost Reduction Expense Reduction 110

GoShip Blog

JULY 15, 2022

Although order fulfillment strategies may differ across businesses, a typical fulfillment strategy involves the following processes: Receiving inventory Inventory storage Order processing Picking and packaging Delivery Processing returns. You can also find and retain new customers by using customer relationship management (CRM) tools.

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The Logistics of Logistics

MARCH 6, 2023

She joined Gorilla after helping a leading water tech manufacturer earn leads by repositioning the B2B customer at the front of their strategy. Truth : Today’s customers prefer digital first media and digital media is more cost effective – and digital assets can be tracked and measured.

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Cost Reduction After-sales Logistics Network Optimization Software Case Study 327

FreightWaves SONAR

JANUARY 5, 2021

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.

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Cost Reduction Waste Reduction Expense Reduction Price Reduction 105

GlobalTranz

FEBRUARY 16, 2016

This is the first of a two-part series where I will curate and cull information from my 4 decades of experience in logistics cost reduction at various positions in the supply chain. In this first part, I will focus on 6 places that you can apply to your organization to reduce costs and increase profit.

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Cost Reduction Inventory Reduction Vendor Strategies Material Savings 65

EazyStock

DECEMBER 13, 2020

In a perfect world, supply chain managers would be able to foresee every possible risk and threat to their supply chain and have a strategy prepared to successfully address any challenges when the moment came. Maybe you need to diversify your supplier network to cover any supplier closures or increased logistical/delivery costs.

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Inventory Reduction Sourcing Strategies Supply Chain Planning Software Cost Reduction 98

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. A lack of trust can prevent the open exchange of this data, reducing the effectiveness of collaboration. How Does CPFR Yield Better Results?

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GoShip Blog

JULY 18, 2022

Freight costs have a substantial effect on profitability and overall business growth. Learn how to optimize these costs to keep your supply chain running smoothly without paying exorbitant amounts for shipping. How freight costs impact your business. This increase can cut deep into your bottom line and tighten cash flow.

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Optimization Software Cost Reduction Negotiating Skills Purchasing Skills 52

Log-hub

MAY 22, 2024

In today’s complex and interconnected global economy, managing supply chains has evolved into a sophisticated discipline that requires advanced tools and strategies. This blog post delves into the intricacies of multi-tier supply chain analytics and optimization, exploring its significance, methodologies, benefits, and challenges.

Optimal Sourcing 52

Optimal Sourcing Optimization Software Material Savings Supply Chain Planning Software 52

Log-hub

MAY 22, 2024

In today’s complex and interconnected global economy, managing supply chains has evolved into a sophisticated discipline that requires advanced tools and strategies. This blog post delves into the intricacies of multi-tier supply chain analytics and optimization, exploring its significance, methodologies, benefits, and challenges.

Optimal Sourcing 52

Optimal Sourcing Optimization Software Material Savings Supply Chain Planning Software 52

The Logistics of Logistics

SEPTEMBER 27, 2022

As honorary visionary of BasicBlock, Taylor has a demonstrated history of identifying trends and accurately predicting market strategies in both payments and transportation. BasicBlock is the home for streamlined, efficient and cost effective financial services for fleets and carriers. BasicBlock Blog. Taylor’s LinkedIn.

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Logistics Network Optimization Software Cost Reduction Trucking Document 329

Blue Grace Logistics

AUGUST 10, 2021

What This Blog Is About: What is omnichannel and its impact on physical retail? Over the last decade, ever since social media and the IoT became common-place mediums, there has been a change in marketing tools and strategies. A more streamlined communication is provided by omnichannel strategies.

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Expense Reduction Cost Reduction Strategy Optimization Software 62

SYSPRO Smarter ERP

JUNE 5, 2023

One of the key strategies is leveraging embedded analytics within their ERP system to make faster data-driven decisions. In this blog post we will explore the benefits of centralized analytics within your ERP software. It also doesn’t offer the contextual insights needed to make swift and informed decisions within the same interface.

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Optimization Software ERP Price Reduction Cost Reduction 98

3PL Links

OCTOBER 22, 2024

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.

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Cost Reduction Price Reduction Sourcing Strategies Resource Reduction 62

Morai Logistics

JANUARY 11, 2018

This post highlights three strategic areas which many companies overlooked in 2017; strategy, security & interaction, and how to best achieve improvements in these areas. For this reason in today’s blog post, we’ve highlighted some important developments in the world of supply chains and how to best tackle these new challenges.

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3PL Links

OCTOBER 15, 2024

From delays to cost increases, logistics teams encounter a range of obstacles that can hinder efficiency and affect the entire supply chain. Overstocking leads to excessive costs in storage while understocking can result in product shortages that disappoint customers and lost sales.

Inventory Reduction 62

Inventory Reduction Logistics Network Optimization Software Supply Chain Software Expense Reduction 62

Dedola Global Logistics

JUNE 19, 2020

This tool gives companies intelligence they can use to better plan and inform their internal and external customers. 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.

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Cost Reduction Resource Reduction Supply Chain Design Software Freight forwarding 100

GoShip Blog

JANUARY 5, 2024

The evolution of cargo tracking from traditional methods to sophisticated digital tools marks a significant leap in how logistics companies manage and monitor shipments. This blog will explore how these tools work, their benefits, and their impact on the logistics industry.

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

3PL Links

OCTOBER 29, 2024

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, cutting costs, and driving profitability.

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Inventory Reduction Optimal Sourcing Inventory Cost Reduction 62