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

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 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 116

Inventory Reduction Supply Chain Planning Software Inventory Waste Reduction 116

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

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. For example, review the systems scalability. Thats a tall order for food and beverage manufacturers.

Optimization Software 52

Optimization Software Manufacturing Procurement Supply Chain Planning Software Modeling Software 52

Parade

MARCH 3, 2021

Digitize Invoicing to Eliminate Errors and Guard Cash Flow. Whether in packing a freight truck or tracking invoices, wasted time and resources can quickly eat into your margins. 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.

Supply Chain Software 148

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

SYSPRO Smarter ERP

MARCH 23, 2022

In a manufacturing business, measuring ESG standards comes down to tracking internal and external Environmental, Social, and Corporate Governance standards: Environmental practices look at the resources a manufacturer uses, the waste it produces, and the resulting consequences of those activities on the planet.

Manufacturing Procurement 105

Manufacturing Procurement ERP Supply Chain Software Waste Reduction 105

3PL Links

JANUARY 1, 2025

To illustrate this better, imagine the following example: a perishable food supply chain. Reducing deterioration and waste of goods. Below, we will explain some common challenges faced in the cold chain and the strategies to successfully overcome them. Guaranteed safety and efficacy of medicines and vaccines.

Optimal Sourcing 62

Optimal Sourcing Optimization Software Supply Chain Design Software Modeling Software 62

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

GoShip Blog

FEBRUARY 20, 2025

For example, a product classified as Class 150 instead of Class 70 could mean paying twice as much. Weight, Dimensions & Speed: The Three Critical Factors Carriers charge based on weight and volume, but did you know that wasted space can drive up your costs? 4 Proven Ways to Cut Freight Costs 1. Ready to take the next step?

Negotiating Skills 52

Negotiating Skills Waste Reduction Expense Reduction Freight 52

SYSPRO Smarter ERP

FEBRUARY 22, 2024

An ERP system that incorporates a cutting-edge warehouse management system (WMS) can help you optimize processes, streamline workflows and decrease errors. Using alphanumeric logic can help you optimize simple picking strategies without having to implement a full-blown warehouse solution or warehouse mapping solution.

Manufacturing Procurement 116

Manufacturing Procurement Inventory Reduction Expense Reduction Waste Reduction 116

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. High Cost to Serve: It’s an Omnichannel Problem.

Cost Reduction 98

Cost Reduction Purchasing Skills Expense Reduction Inventory 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

WorkWave

APRIL 8, 2019

Pre-Planning Your Social Strategy. Completing the following questions, outlined by Marketing Consultant Mark Schaefer, will be helpful when building out your social media strategy: 1)What makes you truly unique? Executing The Strategy. After your goal is clear, you can begin to outline your strategy and tactics.

Material Savings 74

Material Savings Resource Reduction Waste Reduction Strategy 74

Shipchain

MARCH 13, 2019

For example, initiating a recall is streamlined through blockchain by showing all movements of affected shipments. Supply chain leaders can validate payments for goods through blockchain, thereby reducing fraud. Tracking data while in transit reduces damage and ensures drivers maintain compliance. Trucks in the U.S.

Supply Chain Planning Software 119

Supply Chain Planning Software Waste Reduction Logistics Network Optimization Software Freight 119

SYSPRO Smarter ERP

MAY 22, 2023

Extend what is already made – repair and maintain products to maximize their lifetime; implement a return strategy when applicable. Re-use waste – recover waste for reuse and recycling into other products. Adopt regenerative processes – ensure renewable, reusable materials are used in an efficient way.

Manufacturing Procurement 98

Manufacturing Procurement Supply Chain Design Software Supply Chain Planning Software Supply Chain Design 98

Ship Monk

APRIL 19, 2024

In a recent blog post, we discussed the environmental cost of ecommerce and ways to offset it. Packaging, as we all know, is one of the worst offenders, but it’s also one of the easiest environmental costs to reduce. Yet, according to the EPA, 28% of municipal solid waste is containers and packaging materials. Where to Start?

Packaging 105

Packaging Waste Reduction Material Savings Inventory Reduction 105

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

Logistics Bureau

MAY 22, 2016

The ability to reduce inventory levels is only one of a number of reasons to target cycle times as a way to reduce your working capital needs. The key cycles to target for working capital reduction include: The customer order cycle time. Areas in Which to Target Cycle Time Reductions. Cycles Within Cycles.

Material Savings 53

Material Savings Vendor Strategies Inventory Reduction Cost Reduction 53

SYSPRO Smarter ERP

JULY 28, 2022

Apart from the fact that they’re swimming in a sea of paper, manual document distribution can cost big bucks in terms of wasted time, extra costs and decreased efficiency. waste about $8 billion per year on managing paper. Reduced efficiency. Cut down on costs. Here’s how: Additional person hours. According to Corp!

Manufacturing Procurement 111

Manufacturing Procurement Document Distribution Waste Reduction 111

Logistics Bureau

NOVEMBER 6, 2023

Of course, there is no quick and easy way to curb increases in the cost of energy and labour, but now is an excellent time to start thinking about practical ways to reduce energy usage and increase labour productivity and efficiency. There are several possible ways to eliminate this form of energy wastage.

Cost Reduction 98

Cost Reduction Purchasing Skills Waste Reduction Material Savings 98

GlobalTranz

MAY 17, 2017

In a blog post earlier this year, we noted how since the election, more manufactures have expressed interest in reshoring and avoiding offshoring entirely. In other words, politics can lead to tax benefits and incentives for companies that abandon waste-producing practices or work to reduce their carbon footprints. Reduce costs.

Waste Reduction 73

Waste Reduction Cost Reduction Vendor Strategies Resource Reduction 73

Blue Grace Logistics

SEPTEMBER 28, 2021

What This Blog Is About: Shipper’s top concerns for their supply chain. All things considered, 78% of shippers were concerned with reducing shipping costs in general. As businesses set specific climate goals, they will naturally lean on their transportation providers to minimize waste.

Negotiating Skills 118

Negotiating Skills Cost Reduction Capacity Supply Chain Planning Software 118

SYSPRO Smarter ERP

AUGUST 9, 2022

The last few years have proven that manufacturers need to be agile to respond to market demands at all levels of the operation without increasing costs and waste or sacrificing efficiency. Digital transformation has quickly become an essential part of any successful business strategy which has also resulted in a skills gap.

Course 105

Course Buyer Training Waste Reduction Expense Reduction 105

Logistics Bureau

FEBRUARY 4, 2025

If youd like to improve your knowledge and understanding of lead time in the supply chain, youll find a wealth of information packed into this brief post, and learn why lead time management is essential to improve customer satisfaction, optimise your inventory, and reduce your supply chain costs. What is Lead Time and Why Does it Matter?

Supply Chains 49

Supply Chains Manufacturing Procurement Inventory Reduction Scenario Planning 49

Logistics Viewpoints

APRIL 4, 2024

In this blog, I will discuss the use of AI/ML demand planning for fresh products to help maximize sales and reduce waste. Another example of data normalization is accounting for lost sales due to stockouts or waste of perishable products due to overstocking of inventory. Wouldn’t it be cool to know within minutes?

Scenario Planning 123

Scenario Planning Supply Chain Planning Software Supply Chain Software Supply Chain Design Software 123

GlobalTranz

APRIL 20, 2018

Environmental Protection Agency broadly describes sustainable manufacturing as the process of producing manufactured goods through the use of eco-friendly practices and materials that aim to reduce harmful impacts to the environment while conserving energy and protecting our natural resources.

Manufacturing Procurement 78

Manufacturing Procurement Waste Reduction Material Savings Cost Reduction 78

Logistics Bureau

DECEMBER 4, 2023

Inventory management is a crucial aspect of supply chain management, and effective strategies can help businesses reduce costs, improve customer service, and increase profits. But what does a great inventory management strategy look like? In other words, it will be different for every enterprise or organisation.

Inventory Reduction 75

Inventory Reduction Eliminating Excel in Purchasing Inventory Waste Reduction 75

SYSPRO Smarter ERP

JUNE 22, 2022

Things like inaccurate inventory data, redundant processes and mis-picks all waste time. For example: Your inventory manager likely wants better accuracy of the quantity and location of inventory. Picking (in batches, by expiry date or by location, for example). Step 3: Develop a plan for ERP.

ERP 98

ERP Supply Chain Planning Software Inventory Reduction Supply Chain Design Software 98

SYSPRO Smarter ERP

JUNE 22, 2022

Things like inaccurate inventory data, redundant processes and mis-picks all waste time. For example: Your inventory manager likely wants better accuracy of the quantity and location of inventory. Picking (in batches, by expiry date or by location, for example). Step 3: Develop a plan for ERP.

ERP 97

ERP Supply Chain Planning Software Inventory Reduction Supply Chain Design Software 97

Trinity Logistics

DECEMBER 29, 2021

In this blog, we’re going to dive into some of the latest trends in the food and beverage industry. Recently, there’s an increased demand for temperature-sensitive drugs (think covid vaccines), rising demand for better food quality, a surging need to reduce food waste, and growing demand for generic drugs. SUSTAINABILITY.

Trends 118

Trends Food and Agriculture Industry Waste Reduction 118

SYSPRO Smarter ERP

JANUARY 16, 2023

With improved information sharing also comes greater communication between departments, reducing instances of duplicated work across the business. By automatically centralizing business functions and managing daily business activities, ERP reduces demand for costly resources and additional labour. Reduce your environmental impact.

Supply Chain Software 105

Supply Chain Software Supply Chain Planning Software Optimal Sourcing Supply Chains 105

Blue Grace Logistics

MARCH 17, 2022

How high diesel prices may change future freight procurement strategies. One turnkey approach to managing costs in volatile markets can be to focus on reducing costs where you do have control: Sourcing strategies. Reduce Deadhead (DHD) Miles. This is the number one way to reduce transportation costs.

Cost Reduction 62

Cost Reduction Price Reduction Expense Reduction Waste Reduction 62

SYSPRO Smarter ERP

DECEMBER 4, 2023

Traditional manufacturing favored long production runs of the same product because retooling machines to produce different products could cost time and resources, and waste capacity. This adaptability can help reduce production costs and improve efficiency. The post Using ERP for flexible manufacturing appeared first on SYSPRO Blog.

Manufacturing Procurement 105

Manufacturing Procurement ERP Material Savings Waste Reduction 105

AIMMS

FEBRUARY 3, 2020

Moving past waste, water, and C02 reduction, they have begun searching for renewable energy sources, different forms of packaging, and increased efficiency overall. Pepsi announced that they are aiming to cut 20% of their emissions by 2030 and their U.S. What’s on the horizon for supply chain professionals?

Supply Chain Planning Software 103

Supply Chain Planning Software Supply Chain Software Scenario Planning Supply Chains 103

SYSPRO Smarter ERP

NOVEMBER 25, 2021

In this blog we will envision the factory of the future and how it will change and improve the factory structure and processes. Allow people to safely do jobs using machines that have historically been considered dangerous thus also reducing injuries. Increased efficiencies, reduced costs, boosted profits, and ultimately growth.

Factories 105

Factories Supply Chain Design Software Supply Chain Planning Software Optimization Software 105

Ship Monk

APRIL 28, 2023

In addition to satisfying conscientious consumer demand, eco-friendly efforts can benefit your ecommerce business by reducing waste within your company and improving operational efficiencies. Translation: these ecommerce businesses have operating standards that minimize or reduce negative impact on the planet. We hope you do!

eCommerce 97

eCommerce Waste Reduction How To Material Savings 97