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.

Optimal Sourcing 133

Optimal Sourcing Manufacturing Procurement Sourcing Strategies Procurement Analytics 133

The Logistics of Logistics

MAY 15, 2023

They talk about the growing popularity of podcasts in the logistics industry and how podcasting can be a helpful tool for professionals to stay up-to-date on industry trends and insights. While managing it can feel like a part-time job, ignoring it can cost your business revenue. 00:03:51] Starting a successful blog. [00:07:57]

Logistics Network Optimization Software 291

Logistics Network Optimization Software Supply Chain Planning Software Logistics After-sales 291

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.

Sourcing Strategies 98

Sourcing Strategies Cost Reduction Supply Chain Planning Software Optimization Software 98

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.

Cost Reduction 105

Cost Reduction Waste Reduction Expense Reduction Price Reduction 105

Shipchain

DECEMBER 20, 2018

We follow an exhaustive list of supply chain and logistics blogs to make this possible. If you want to start learning, we suggest you check out these top logistics and supply chain blogs. Top Logistics and Supply Chain Blogs We Love. Ship Lilly. China carrier relations and much more. More Than Shipping. Logistics Viewpoints.

Supply Chain Planning Software 134

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Blog 134

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.

Negotiating Skills 103

Negotiating Skills Purchasing Skills Cost Reduction Analysis 103

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.

Cost Reduction 103

Cost Reduction Resource Reduction Supply Chain Design Software Freight forwarding 103

Blue Grace Logistics

NOVEMBER 1, 2024

LTL carriers handle multiple shipments from various vendors on a single route, helping save time and reduce costs by maximizing truck space. Automated systems like warehouse and transportation management tools improve load management and route optimization.

Price Reduction 106

Price Reduction Vendor Strategies Supply Chain Planning Software Cost Reduction 106

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.

Inventory Reduction 98

Inventory Reduction Sourcing Strategies Supply Chain Planning Software Cost Reduction 98

AIMMS

SEPTEMBER 28, 2020

Insights from Gartner’s Hype Cycle for Supply Chain Strategy, 2020. Gartner’s Hype Cycle for Supply Chain Strategy, 2020 offers some guidance. The report outlines the tools with the highest transformational benefits and capabilities that are becoming standard business practices. Firefighting is the norm. Network Design.

Supply Chain Design Software 166

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

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.

Optimal Sourcing 117

Optimal Sourcing Supply Chain Software Optimization Software Supply Chain Planning Software 117

Parade

MARCH 3, 2021

Digitize Invoicing to Eliminate Errors and Guard Cash Flow. In this article, we explore Invoice Reconciliation tools as a core piece of every digital 3PL/freight brokerage’s operations. This post was written in collaboration with , OpenEnvoy , a leading automated invoice reconciliation tool.

Supply Chain Software 148

Supply Chain Software Supply Chain Planning Software Resource Reduction Cost Reduction 148

3PL Links

NOVEMBER 12, 2024

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.

Cost Reduction 62

Cost Reduction Material Savings Supply Chain Software Supply Chain Planning Software 62

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.

Cost Reduction 96

Cost Reduction Expense Reduction Resource Reduction Ordering 96

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.

Inventory Reduction 113

Inventory Reduction Resource Reduction Cost Reduction Expense Reduction 113

Logistics Viewpoints

SEPTEMBER 19, 2023

Supply chain executives must evolve from cost and service as the key objectives for optimal demand-supply balancing towards the “quadfecta” of cost, service, resiliency, and sustainability. It is critical that supply chain design tools model real world complexity to effectively model the risks. What’s the cost of doing nothing?

Supply Chain Design Software 159

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Supply Chain Software 159

Blue Grace Logistics

SEPTEMBER 28, 2021

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.

Negotiating Skills 109

Negotiating Skills Cost Reduction Capacity Supply Chain Planning Software 109

SYSPRO Smarter ERP

JUNE 9, 2022

How much does it cost us to manufacture this product? Mid-market manufacturers need a tool that’s tailored to their needs. The BI tool needs to be able to easily pull all this data together for analysis. Manufacturers rely on data and their ERP platform to answer critical questions: What are our inventory levels?

Supply Chain Planning Software 98

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

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 145

Inventory Reduction Supply Chain Planning Software Inventory Waste Reduction 145

Logistics Viewpoints

DECEMBER 1, 2022

The only bright note is that shipping costs will be a fraction of what they were over the last several years. Theme 2: Online buying will fuel home delivery growth, challenges and new strategies. 2023 call: Consumers will focus on home delivery performance and retailers will focus on home delivery cost reduction or recovery.

Cost Reduction 139

Cost Reduction Resource Reduction Supply Chain Planning Software Logistics Network Optimization Software 139

GoShip Blog

FEBRUARY 9, 2021

One of those demands is a more efficient order fulfillment strategy, which requires reviewing your warehouse practices as well. Review your warehouse strategy. It can be especially challenging for small businesses to implement automation and optimize their warehouse strategy. How do you achieve higher inventory accuracy?

Inventory Reduction 98

Inventory Reduction Cost Reduction Inventory Optimization Software 98

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.

Optimization Software 98

Optimization Software ERP Price Reduction Cost Reduction 98

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?

Sourcing Strategies 62

Sourcing Strategies Inventory Reduction Material Savings Cost Reduction 62

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.

Resource Reduction 62

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

SYSPRO Smarter ERP

JULY 19, 2022

Businesses are continuously trying to find ways to maximize productivity and reduce waste to remain competitive in the global marketplace. However, manufacturers can only reap those benefits if they implement the right processes to enable this approach and embrace a strategy of continuous improvement. What is lean manufacturing?

Manufacturing Procurement 105

Manufacturing Procurement ERP Waste Reduction Material Savings 105

Logistics Bureau

APRIL 3, 2023

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.

Outsourcing 102

Outsourcing Optimal Sourcing Supply Chain Software Cost Reduction 102

AIMMS

NOVEMBER 2, 2020

S&OP helps you effectively achieve your company strategy. To make matters more complex, different departments also used their own method for estimating product costs. This resulted in high inventory volatility and unnecessarily high distribution costs. Costs can also be brought down on the transport side, up to 30%.

Supply Chain Planning Software 127

Supply Chain Planning Software Purchasing Skills Cost Reduction Optimal Sourcing 127

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

AIMMS

FEBRUARY 26, 2020

Avenues of transport are declining as major cargo airlines, like Cathay Pacific , drastically reduce flights to mainland China and Hong Kong. With S&OP Navigator, they could swiftly simulate the impact of reduced production on their supply chain. This leads to insightful and resilient thinking. . – Tweet this.

Supply Chain Planning Software 146

Supply Chain Planning Software Supply Chain Design Software Scenario Planning Supply Chain Software 146

SYSPRO Smarter ERP

MARCH 20, 2024

For manufacturers, having the right business intelligence on hand at the right time can eliminate the guesswork from decision making, offering real-time visibility into business processes so you can anticipate your next move. Data warehousing costs rise. Eliminate reporting inconsistencies and data redundancy. Human error.

Manufacturing Procurement 105

Manufacturing Procurement Optimal Sourcing Expense Reduction Cost Reduction 105

FreightWaves SONAR

JANUARY 19, 2021

Operational trucking charges and costs are nothing new. To that end, here are the top steps for carriers to get more from their fleets and proactively manage operational trucking costs. Unify pricing strategies with freight forecasting tools The final step to getting more from your fleet requires freight forecasting tools.

Cost Reduction 98

Cost Reduction Supply Chain Planning Software Optimization Software Trucking 98

GlobalTranz

APRIL 20, 2021

Large companies with a supply chain risk strategy already in place couldn’t fully cope with the impact of the pandemic. It’s the result of a deliberate strategy that may require tradeoffs compared to other approaches. This strategy requires greater investment and inventory carrying costs but enables continued production.

Supply Chain Planning Software 115

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

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

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.

Outsourcing 62

Outsourcing Cost Reduction Expense Reduction Inventory Reduction 62

Locus

MAY 8, 2024

Today’s dynamic environments require adaptable routing strategies to keep pace and minimize disruptions. Inadequate returns processes can lead to delayed deliveries, increased costs, and a tarnished customer experience. Read also: Why Do Businesses Need Route Optimization? The answer lies in technology.

Supply Chain Planning Software 98

Supply Chain Planning Software Optimization Software Supply Chain Software Price Reduction 98

SYSPRO Smarter ERP

SEPTEMBER 1, 2022

It’s no secret that manufacturing companies around the world are rethinking their supply chain strategies. With shortages occurring in unexpected sectors and lockdown strategies impacting logistics, companies looked at reshoring to stabilize and strengthen their supply chains. Foreign companies may also be partial to closure taxes.

Manufacturing Procurement 105

Manufacturing Procurement Supply Chain Planning Software Sourcing Strategies Supply Chain Software 105

SYSPRO Smarter ERP

APRIL 17, 2023

BI is a powerful tool that can help companies drive informed decisions, improve their planning processes, and maintain a competitive edge in the marketplace. In this blog post, we will explore how manufacturers can leverage this technology to achieve data-driven success.

Manufacturing Procurement 98

Manufacturing Procurement Optimal Sourcing Supply Chain Planning Software Optimization Software 98