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About Jonathon McKay Jonathon McKay is a highly experienced partner at PATH specializing in exceptional growth strategies for the supply chain industry. Focused on logistics, manufacturing, and distribution channel strategies, Jonathon helps organizations make confident decisions for bold growth. The Greenscreens.ai
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. How does a fleet management system work?
Image source: Pexels | Logistics Challenges and How to Overcome Them Let’s break down the most common logistics problems and how you can resolve them to improve your operations. Read Also: How to Optimize Your Stock With Ideal Storage Structures 1. But the good news is, there are proven solutions that can help overcome them.
Image source: Pexels | Shipping Trends for 2025: What Will Change and How to Adapt The logistics industry is continuously evolving, and as we move closer to 2025, businesses will face a range of transformative changes. At 3PL Links, we prioritize tools that simplify route management, reducing delays and ensuring on-time deliveries.
Knowing about her blogging side hustle, the executive team allowed her to take on the additional responsibility of the company’s digital marketing initiatives where over the course of 5 years, orchestrated two website redesigns, implemented an inbound marketing initiative, and established a sales outreach plan. 00:36:05] Starting a Podcast.
In today’s society, people expect to get whatever they want, whenever they need it at the price they want. Shippers can benefit from creating a focused shipping strategy to reduce freight costs and increase profitability and efficiency. The first step to creating your shipping strategy is researching your carrier options.
What you will learn in this blog: Leveraging Data Analytics For Invaluable Insights Implementing Lean Principles for Waste Reduction Effective Management Of Supply Chain Costs As companies navigate market fluctuations and challenges, effectively managing supply chain expenses becomes pivotal for success.
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.
Creating and sticking to the right truckload shipping strategy can enhance your overall efforts, save money, and increase profitability. Truckload shipping is the most common way of transporting goods, but not many businesses know how to make the best use out of it. How to optimize your truckload shipping strategy.
By incorporating telematics and dash cam data from its customers into its integrated risk management model, HDVI is able to select, price, manage, and retain risk more accurately and efficiently than incumbent commercial auto insurance providers. Learn More About The HDVI Story. Chuck’s LinkedIn. HDVI LinkedIn. Customer testimonials.
So it makes sense to look for ways to reduce inventory and keep levels under control! What are the potential cost savings from inventory reduction? There are many financial benefits to introducing stock reductionstrategies – in particular focusing on your excess and obsolete items.
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.
That gave rise to a new time pricingstrategy, 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.
Fuel costs: Last-mile fuel costs require careful management as they make up 25% of a truck’s operational costs over volatile price fluctuations. Read also: How to Calculate the Cost of Transport 2. Read also: A Study of Unit Economics in Last Mile Delivery Is it essential to reduce last-mile delivery costs for vehicles?
Image source: Pexels | Everything You Should Know About Automation in Fulfillment Logistics Introduction to Automation in Logistics Have you ever thought about how Amazon delivers packages quickly and efficiently? And how does technology change the way products are shipped? Automated systems can track inventory in real-time.
Figuring out how to improve annual request for proposal (RFP) bidding strategies remains elusive for many shippers, especially in the context of knowing when to expand the network to leverage freight consolidation. And it’s important to realize how that process can affect annual RFPs and mini-bid activity.
For managers in the transportation industry, freight load pricing accuracy remains a source of confusion and disruption. Freight management companies and partners can remain unsure of how to attain or utilize meaningful, actionable freight data. . Why outdated data hurts carriers in the short- and long-term. Request a SONAR Demo.
We continue our top blog posts of 2014 from our main categories today by focusing on something at Cerasis we are experts in : Logistics. We’ve already listed the top 10 manufacturing blog posts and the top 10 supply chain blog posts last week. Top 15 Logistics Blog Posts of 2014. Read the Full Post.
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. Real-time visibility into pricing ensures that youre never overpaying for Freight Shipping Rates.
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.
(Graphics created by Emily Ricks) Carriers frequently find themselves frustrated when costs eat away at their profits and they have limited pricing visibility. Financial losses or declining profitability certainly make cost-cutting a priority. Using freight indices assists significantly in finding the most appropriate pricing ranges.
Don’t expect to plan for every disruption; instead, develop a strategy to overcome supply chain disruption, regardless of the source. Preparing your supply chain for resiliency begins with risk management and a proactive strategy. Price fluctuations and sourcing issues. It’s not enough to have a Plan B, just in case.
Shipping costs often leave the affected parties no choice but to learn how to deal with it. Fortunately, there are effective strategies you can employ to reduce your e-commerce store’s shipping costs. However, you do not need to send thousands of packages monthly to enjoy these pricereductions.
How to Navigate Your Supply Chain During Market Swings Show Submenu Resources The Logistics Blog® Newsroom Whitepaper Case Study Webinars Indexes Search Search BlueGrace Logistics - November 21, 2023 Market conditions play a crucial role in shaping challenges professionals face when managing their organization’s supply chains.
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!
Yet inventory replenishment planning – done correctly – can have a really positive impact on your business in terms of improving operational efficiency, reducing supply chain risk and enhancing bottom line profitability. But when looking at the bigger picture the ‘best-price’ is not always the most cost-effective way to procure a product.
We work with a lot of manufacturing companies and one of the questions we get most often is 'Why do we need to blog'? Often followed by 'How do we blog for manufacturing'? A word about what a blog is. But a blog is not all writing and the part that is written should be conversational and natural. Podcast or audio.
What’s in this article: How to become a shipper of choice. Drivers have fixed HoS available every day, with idling at the destination cuts into those hours’ which then adds to current North America capacity problems and becomes a domino effect on tight capacity constraints. To read the entire blog visit BlueGrace Logistics.
The use of dimensional (DIM) pricing has an extensive history by the Big Three carriers. FedEx, UPS, and DHL all claim to have been the first to switch to DIM pricing in 2013, but all packages were swapped over into the DIM pricing model in 2015. Reduce wasted packaging. Get Your Free Copy Here. Download eBook.
By opting for FBA, your store becomes automatically eligible for Amazon Prime, virtually eliminating anything but the best shipping options for your customers. . If you’re not quite ready to send your baby off to college, then being in charge of your own fulfillment strategy may be more your speed. More Responsibility.
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.
When it comes to planning your shipping budget, it’s easy to get confused over the principles of transportation pricing. What are the freight pricing options? Besides modifying the critical points of logistics planning, it also affects the approach to the pricing of shipping services. What are contract rates?
Triangulation Fraud This scam involves a fraudster selling products on Amazon or eBay at attractively low prices. For this reason, many businesses focus their fraud prevention efforts at trying to reduce the number of transactions that are flagged for manual review. The legitimate ecommerce business must then absorb the chargeback.
Commercialization is often Business-to-Business and Business-to-Consumer and product prices are intricately connected to international stock exchanges, climate conditions and macro-economic indicators. A harmonious way of working must be established among all sectors of the company, as per the strategy adopted.
In this blog post, we will delve into the intricacies of order management, the role of an Order Management System (OMS), what happens after checkout and how to master your order management strategy with the help of cutting-edge order management systems and order management software. What Is Order Management?
Marketing Strategy. Your marketing strategy is all about your brand, who it’s for, and how you’re going to get it out there. Here, it might be helpful to think about the four Ps: product, price, place, and promotion. Subscribe to our blog newsletter today ! Those are all fill-in-the-blanks, of course. ??. #6.
Knowing when fees tend to rise, and charges commonly fluctuate can help shippers know when and how to secure the best rates. And if shippers know more about how carriers price freight, they are better able to identify those trends based on market signals and pre-empt carrier pricing changes. . Consider this fact.
Studying competitors is an integral part of market research as it helps the medical courier business gain insights into their strengths, weaknesses, and overall strategies. RouteManager’s last-mile delivery software helps you cut fuel costs, increase revenue, and improve operations. Start Using RouteManager! GET A FREE DEMO 2.
Slightly inflate the prices of your products so that they cover part of the shipping, while still technically keeping shipping free. By combining different sets of rules, you’re able to create a personalized shipping strategy that’s a perfect fit for your business. Our blog newsletter has you covered. Word of the wise?
Because you can find plenty of other articles on this blog and the Logistics Bureau blog if you’d like to peruse such lists. Supply chain management objectives can encompass several success factors, including cost reduction, supply chain speed, efficiency, and service improvement. The Importance of Aligned Objectives.
How to Calculate Beginning Inventory. For eCommerce merchants and retailers , this number includes the purchase price and the carrying/holding costs associated with stocking and storing inventory in a warehouse. For more on this, read our blog Merchandise Inventory Tracking and Accounting.
Webinars Show Submenu Resources The Logistics Blog® Newsroom Whitepaper Case Study Webinars Indexes Search Search Adam White - February 29, 2024 LinkedIn Live Webinar On-Demand: Transportation Cost: The impacts & how to gain visibility to the right data What’s the Topic?
And, of course, I will also share how knowing your cost-to-serve will help you to solve those all-too-familiar performance gremlins. If your business is experiencing a persistent reduction in profit margins, analysing your cost to serve is an advisable step in diagnosing the causes. We’ll begin with a look at pricingstrategy.
By pairing a solid organic social content strategy with a full-funnel social advertising strategy, you will gain much greater value and be able to tie efforts to actual ROI. Learn how to get set up on Business Manager here. Once you are set up you can jump into your strategy and execution. Set Up Tracking. Set Your Goals.
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