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

CLX Logistics

MAY 3, 2024

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.

Material Savings 76

Material Savings Resource Reduction Cost Reduction Sourcing Strategies 76

Logistics Bureau

DECEMBER 7, 2024

Every shippers challenge in freight cost reduction is likely to be unique, but the following ten ideas might provide some inspiration when youre seeking ways to move more for less. In these cases, customers can benefit too, by reducing the number of inbound shipments they need to handle.

Cost Reduction 97

Cost Reduction Expense Reduction Price Reduction Negotiating Skills 97

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. In the report, you will find capabilities across five categories: technologies, competencies, frameworks, operating model strategies, and organizational models. Firefighting is the norm.

Supply Chain Design Software 166

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

Transporeon

SEPTEMBER 20, 2018

In the context of cross-industry implementation of continuous-flow and lean manufacturing, delivery volumes are shrinking and delivery times are being reduced. At the same time, competitive pressure is increasing and all parties are trying to cut prices and costs. Adapt the freight allocation strategy to handle scarcity .

Price Reduction 101

Price Reduction Cost Reduction Resource Reduction Capacity 101

Log-hub

FEBRUARY 12, 2025

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, reduce costs, and make smarter, data-driven decisions. This reduces last-minute disruptions and improves overall supply chain resilience.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Optimal Sourcing 52

SYSPRO Smarter ERP

OCTOBER 18, 2021

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.

Manufacturing Procurement 130

Manufacturing Procurement Optimal Sourcing Resource Reduction Supply Chain Planning Software 130

GoShip Blog

DECEMBER 29, 2022

Fortunately, there are effective strategies you can employ to reduce your e-commerce store’s shipping costs. These platforms generally negotiate rates with carriers and offer pricing discounts or accessorial fee waivers based on shipping volume. Check USPS Rates For Options to Reduce Shipping Costs .

Cost Reduction 52

Cost Reduction Price Reduction Inventory Reduction Negotiating Skills 52

Freightos

NOVEMBER 7, 2023

Blog " * " indicates required fields Email * Phone This field is for validation purposes and should be left unchanged. Asia-US East Coast prices (FBX03 Weekly) climbed 7% to $2,357/FEU. Europe prices (FBX11 Weekly) increased 18% to $1,249/FEU. Asia-Mediterranean prices (FBX13 Weekly) increased 13% to $1,551/FEU.

Negotiating Skills 133

Negotiating Skills Price Reduction Vendor Strategies Cost Reduction 133

FreightWaves SONAR

JANUARY 5, 2021

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. Operational costs continue to increase for carriers year to year.

Cost Reduction 105

Cost Reduction Waste Reduction Expense Reduction Price Reduction 105

FreightWaves SONAR

APRIL 1, 2021

That gave rise to a new time pricing strategy, dimension (DIM) pricing. . Density plays a role in the form of dimensional pricing. DIM pricing considers cubic volume in addition to physical height, width and depth of packages as a factor for price calculations. Capture pricing data for LTL freight.

Negotiating Skills 98

Negotiating Skills Price Reduction Trends How To 98

GlobalTranz

OCTOBER 19, 2016

Editor's Note: This is a blog from our friend Augie Grasis who shows us how big data can work to our advantage with dynamic freight pricing. One example of the utilization of Big Data is dynamic pricing of LTL freight. But wait—does the shipper really get the benefit of these reduced rates?

Price Reduction 96

Price Reduction Data Freight 3PL 96

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

FreightWaves SONAR

APRIL 7, 2023

Tailor a mini-bid strategy that plays to your strengths and protects your weaknesses. Truckload spot prices can move up or down by 40% within a single calendar year. That underpriced freight may be rejected more often and end up in the spot market, costing the shipper more than had the rates never been reduced.

Cost Reduction 52

Cost Reduction Price Reduction Strategy Freight 52

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.

Inventory Reduction 52

Inventory Reduction Price Reduction Cost Reduction Waste Reduction 52

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

Freightos

JULY 8, 2024

Blog " * " indicates required fields Email * Name This field is for validation purposes and should be left unchanged. By reducing the burden of repetitive tasks through AI, skilled workers can concentrate on customer engagement and solving critical issues, thereby enhancing client relationships and retention. “If says Vivek.

Freight forwarding 112

Freight forwarding Price Reduction Industry Resource Reduction 112

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. For example, manufacturers can use embedded analytics to track the flow of goods to suppliers or customers.

Optimization Software 98

Optimization Software ERP Price Reduction Cost Reduction 98

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 98

Outsourcing Optimal Sourcing Supply Chain Software Cost Reduction 98

Logistics Bureau

MAY 31, 2021

Let’s begin with a look at why, in general, retailers with multiple sales channels are more likely to experience difficulties in reducing cost-to-serve. For example: Compared to selling a product in-store, the cost to deliver that same item as a small parcel can be several times higher. Supplier and vendor pricing.

Cost Reduction 98

Cost Reduction Purchasing Skills Expense Reduction Inventory Reduction 98

Freightos

APRIL 25, 2024

Blog " * " indicates required fields Email * Comments This field is for validation purposes and should be left unchanged. The Air Cargo Context Given its premium price, air cargo has historically been reserved for higher-cost, lower-volume products, avoiding the lower-margin, higher-volume products that Shein and Temu focus on.

Cost Reduction 117

Cost Reduction Cargo Price Reduction Resource Reduction 117

Freightos

JULY 8, 2024

Blog " * " indicates required fields Email * Name This field is for validation purposes and should be left unchanged. By reducing the burden of repetitive tasks through AI, skilled workers can concentrate on customer engagement and solving critical issues, thereby enhancing client relationships and retention. “If says Vivek.

Freight forwarding 109

Freight forwarding Price Reduction Industry Resource Reduction 109

Blue Grace Logistics

AUGUST 3, 2021

Companies have the right to receive the best service and the best price from their suppliers, and the relationship between shippers and suppliers is a key component to a successful partnership. What This Blog Is About: How to build a mutually beneficial relationship based on trust & credibility with your suppliers.

Maintainability 118

Maintainability Price Reduction Purchasing Skills Resource Reduction 118

SYSPRO Smarter ERP

JANUARY 13, 2025

The food and beverage industry is a dynamic, ever-evolving sector in which manufacturers are continuously seeking ways to optimize production and reduce costs in the face of shifting consumer demand and preferences. When assessing ERP systems, its important to evaluate more than just general software capabilities and prices.

Optimization Software 52

Optimization Software Manufacturing Procurement Supply Chain Planning Software Modeling Software 52

SYSPRO Smarter ERP

APRIL 13, 2022

Even before the pandemic, global supply chain were fragile thanks to factors such as the US-China trade war, less efficient shipping routes and a huge drive to cut costs by consolidating loads. Rising oil prices will also have a cascading impact on supply chains in areas such as higher line-haul trucking rates and other transportation costs.

Supply Chain Planning Software 111

Supply Chain Planning Software ERP Supply Chain Software Price Reduction 111

Freightos

JANUARY 15, 2024

Blog " * " indicates required fields Email * Phone This field is for validation purposes and should be left unchanged. For example, the Freightos Baltic Index indicates a 69% increase to North America’s East Coast and a staggering 226% to Northern Europe since the crisis began.

Negotiating Skills 127

Negotiating Skills Optimal Sourcing Price Reduction Cost Reduction 127

Logistics Bureau

SEPTEMBER 4, 2023

If your business is experiencing a persistent reduction in profit margins, analysing your cost to serve is an advisable step in diagnosing the causes. Process Performance What if the problem isn’t connected to products, customers, or pricing but lies instead with process performance? Are Your Profit Margins Declining?

Negotiating Skills 98

Negotiating Skills Purchasing Skills Cost Reduction Analysis 98

SYSPRO Smarter ERP

APRIL 18, 2022

Longstanding weaknesses in the supply chain like port infrastructure, outdated supply chain strategies and impacts of natural disaster and wars have all further affected global supply chains. The post How manufacturers and distributors can use ERP to gain control across the supply chain appeared first on SYSPRO Blog.

Manufacturing Procurement 124

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software ERP 124

SYSPRO Smarter ERP

SEPTEMBER 8, 2022

High and increasing costs, in combination with long recovery times, have triggered many companies to reassess their customer service plus supply-chain strategies and footprints to make them more resilient to any kind of disruption. Reducing risk in supply chains. Implementing a procurement strategy.

Manufacturing Procurement 105

Manufacturing Procurement Supply Chain Design Software Supply Chain Planning Software Supply Chain Design 105

3PL Links

DECEMBER 10, 2024

This article will provide a detailed reference to LTL shipping, including the definition of LTL, shipping prices, delivery method, and how to manage your LTL shipment to the fullest. For example, less-than-truckload shipping requires 12 linear feet and pallets ranging from one to six, with a maximum of 10 pallets per truck.

Optimal Sourcing 62

Optimal Sourcing Purchasing Skills 3PL Price Reduction 62

MTS Logistics

APRIL 14, 2021

For years, shipping companies have been consolidating with alliances or mergers so that they have some kind of control over capacity and pricing. This is due to the fact that pressure is taken off with supply cuts. At Savannah last month, for example, there were over 13 vessels waiting – which may look small compared to the U.S.

Price Reduction 98

Price Reduction Cost Reduction Cargo Examples 98

GlobalTranz

OCTOBER 13, 2015

The startup price tag may seem mysterious and daunting, and while the exact cost will vary depending on your location, business experience and so on, it's possible to get a rough estimate before starting. Let’s start by taking a look at all the associated cost to be a freight broker, and then see how you can reduce some of them.

Negotiating Skills 109

Negotiating Skills Cost Reduction Price Reduction Freight 109

Freightos

DECEMBER 6, 2023

Blog " * " indicates required fields Email * Comments This field is for validation purposes and should be left unchanged. Asia-US East Coast prices (FBX03 Weekly) were also level at $2,367/FEU. Europe prices (FBX11 Weekly) increased 3% to $1,243/FEU. Asia-Mediterranean prices (FBX13 Weekly) rose 12% to $1,670/FEU.

Negotiating Skills 118

Negotiating Skills Price Reduction Optimal Sourcing Vendor Strategies 118

Blue Grace Logistics

MARCH 17, 2022

High priced diesel fuel impacts the total cost of transportation through fuel surcharges. How high diesel prices may change future freight procurement strategies. How high diesel prices may change future freight procurement strategies. Reduce Deadhead (DHD) Miles. BlueGrace can help. Why is this?

Cost Reduction 62

Cost Reduction Price Reduction Expense Reduction Waste Reduction 62

Freightos

MAY 23, 2024

Blog " * " indicates required fields Email * Comments This field is for validation purposes and should be left unchanged. Here, again, ocean freight is looking to examples from other industries for tested solutions to recurring problems. And Red Sea diversions are leading to rolled containers for shippers right now, once again.

Industry 112

Industry Logistics Network Optimization Software Price Reduction Logistics 112

GoShip Blog

FEBRUARY 20, 2025

For example, a product classified as Class 150 instead of Class 70 could mean paying twice as much. 4 Proven Ways to Cut Freight Costs 1. Optimize Packaging & Load Efficiency Reducing excess packaging and consolidating shipments into fewer loads minimizes wasted space and reduces handling fees. Class 150+).

Negotiating Skills 52

Negotiating Skills Waste Reduction Expense Reduction Freight 52

Logistics Bureau

AUGUST 2, 2021

On this blog and the one published by our sister company Logistics Bureau, we often receive questions relating to metrics suitable for monitoring procurement performance. Competitiveness of Pricing. The price you pay your vendors for their products is a significant factor in your company’s ability to compete in its market.

Procurement Analytics 98

Procurement Analytics Procurement Solutions Optimal Sourcing Procurement 98