The Logistics of Logistics

SEPTEMBER 19, 2022

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.

Logistics Network Optimization Software 370

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3PL Links

OCTOBER 15, 2024

This type of system helps you monitor current inventory, forecast demand, and reduce unnecessary storage costs. Additionally, tools that analyze customer purchasing trends can help you make informed decisions about when and what to stock. Regular touchpoints between teams can also help iron out any issues before they escalate.

Inventory Reduction 62

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

Ship Monk

FEBRUARY 20, 2025

In this blog post, we’ll discuss key strategies to help you navigate the shipping challenges of 2025 and beyond. Carrier Consolidation: The dominance of UPS and FedEx creates a duopoly, giving them significant pricing power. Strategies for Combating Rising Costs Don’t worry, though!

Negotiating Skills 59

Negotiating Skills Cost Reduction Inventory Reduction Negotiate Pricing 59

GoShip Blog

FEBRUARY 6, 2025

You can cut costs without cutting corners. According to industry research, businesses that optimize their shipping strategy can reduce costs by up to 30%. Ship Smarter by Consolidating Your Shipments One of the easiest ways to reduce costs is to consolidate shipments whenever possible. The good news?

Cost Reduction 52

Cost Reduction Material Savings Expense Reduction Price Reduction 52

3PL Links

NOVEMBER 26, 2024

These can be critical problems for companies looking to increase productivity and reduce expenses in logistics operations. You’ve come to the right place if you’ve been wondering how to integrate modern technology into your business and what tools you’ll need. How Does Automation Reduce Operating Costs?

Supply Chain Software 62

Supply Chain Software Logistics Network Optimization Software Optimization Software Supply Chain Planning Software 62

Locus

JANUARY 9, 2025

Health-related absenteeism has resulted in reduced output, while transportation delays are echoing the freight challenges seen during the height of the COVID-19 pandemic. Logistics Delays: Reduced driver availability and stricter health regulations at ports could add days to delivery schedules. Whats Happening?

Supply Chain Software 59

Supply Chain Software Optimal Sourcing Sourcing Strategies Supply Chains 59

EazyStock

AUGUST 21, 2020

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 reduction strategies – in particular focusing on your excess and obsolete items.

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Inventory Reduction Cost Reduction Price Reduction Resource Reduction 52

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. At 3PL Links, we prioritize tools that simplify route management, reducing delays and ensuring on-time deliveries.

Cost Reduction 62

Cost Reduction Price Reduction Sourcing Strategies Resource Reduction 62

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 127

Optimal Sourcing Supply Chain Software Optimization Software Supply Chain Planning Software 127

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.

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

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

Blue Grace Logistics

MARCH 12, 2025

BlueGrace describes this report as an important tool for measuring expected expansion or contraction within the logistics sector. Given ongoing concerns about freight costs, supplier reliability, and consumer demand volatility, companies are hesitant to make major shifts in inventory strategy.

Inventory Reduction 62

Inventory Reduction Resource Reduction Cost Reduction Price Reduction 62

WorkWave

JANUARY 8, 2024

Time To Read: 3 minutes Pricing is a critical aspect of any service-based business, determining not just the revenue but also playing a pivotal role in profitability, sustainability, cash flow and market positioning. Competitive Positioning: Pricing models play a key role in determining how a small business positions itself in the market.

Price Reduction 52

Price Reduction Material Savings Cost Reduction Resource Reduction 52

WorkWave

JANUARY 8, 2024

Time To Read: 3 minutes Pricing is a critical aspect of any service-based business, determining not just the revenue but also playing a pivotal role in profitability, sustainability, cash flow and market positioning. Competitive Positioning: Pricing models play a key role in determining how a small business positions itself in the market.

Price Reduction 52

Price Reduction Material Savings Cost Reduction Resource Reduction 52

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

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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Resource Reduction Waste Reduction Cost Reduction Price Reduction 59

Locus

JUNE 30, 2023

Plenty of cost-cutting strategies are being employed by Supply Chain Management leaders, but the potential long-term implications often remain unseen. Speaking of implications, let’s delve into the top cost cutting strategies that businesses implement but could negatively impact supply chain performance: 1. Achieving 99.5%

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Cost Reduction Resource Reduction Expense Reduction Price Reduction 52

Logistics Viewpoints

APRIL 6, 2023

By working closely with suppliers, organizations can improve the quality and reliability of their in-bound supply chains, reduce costs, and increase their overall efficiency. The common goal for all categories of product is that they must be available at the right time, right quantity and right prices.

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Optimal Sourcing Manufacturing Procurement Sourcing Strategies Procurement Analytics 98

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

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

GoShip Blog

FEBRUARY 26, 2025

Think of an LTL freight quote as a price estimate for your shipment. Since multiple shipments share space in one truck, pricing can vary, but understanding how it works will help you score the best rates and avoid hidden fees. But packing smartly can help cut costs. Thats where things get tricky. What Is an LTL Freight Quote?

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Negotiating Skills Price Reduction Cost Reduction Freight 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

The Logistics of Logistics

NOVEMBER 13, 2018

Previously, Erik was the Director of Strategy at AFN, a Chicago-based truckload brokerage. Prior to his time at AFN, Erik was the Executive Vice President of CarrierDirect, a boutique strategy consulting firm and advised companies such as Werner Enterprises, Worldwide Express, and BlueGrace Logistics. Loadsmart Blog.

Optimal Sourcing 150

Optimal Sourcing Logistics Network Optimization Software Supply Chain Software Sourcing Strategies 150

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

Locus

MAY 8, 2024

As per research by supply chain dive , 59% of retail participants that were surveyed told that they would hike pricing to mitigate impact from supply chain disruptions and 36% said they were taking a margin hit to keep price levels. And it does translate to serious business losses. Read also: Why Do Businesses Need Route Optimization?

Supply Chain Planning Software 98

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

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

FreightWaves SONAR

JANUARY 25, 2021

For managers in the transportation industry, freight load pricing accuracy remains a source of confusion and disruption. Even when processed with advanced business intelligence tools, inaccurate data will do more harm than not having access to any data at all. . Your goal is to generate actions and make choices based on correct facts.”

Price Reduction 86

Price Reduction Data Supply Chain Software Supply Chain Planning Software 86

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

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

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

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

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

FreightWaves SONAR

FEBRUARY 5, 2021

(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.

Expense Reduction 105

Expense Reduction Cost Reduction Price Reduction Waste Reduction 105

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. Again, these are changes that can add to your cost-to-serve, and, during your transition, you might not have had time to look for ways to reduce expenditure. Rework – due to errors.

Cost Reduction 98

Cost Reduction Purchasing Skills Expense Reduction Inventory Reduction 98

3PL Links

DECEMBER 17, 2024

This moment goes beyond analysis and reflection; it is the right opportunity to redefine strategies and outline new plans that not only drive results but also guarantee a prominent place in the market. Robotics in picking and packing: Picking and packing with robotics increases productivity and reduces errors.

Optimal Sourcing 62

Optimal Sourcing Supply Chain Planning Software Trends Logistics Network Optimization Software 62

FreightWaves SONAR

FEBRUARY 4, 2021

There’s a broad range of options to reduce rates and increase carrier revenue. Knowing the following key tactics and using the proper tools will help sustain long-term savings. Knowing the following key tactics and using the proper tools will help sustain long-term savings. Review transportation pricing and contracts regularly.

Optimization Software 98

Optimization Software Negotiate Pricing Negotiating Skills Optimization Modeling 98

Freightos

SEPTEMBER 17, 2024

Blog More Resources Home It’s Not About Chatbots: Getting Real on AI Usage In Real Life Logistics (AI Popup #5) AI Popup #5 September 17, 2024 Dive deeper into freight data that matters Learn More It’s so hard to talk about AI without sounding pretentious or annoying. Yes, I know that is bucking the trend. So what do we do with AI?

Supply Chain Software 117

Supply Chain Software Supply Chain Design Software Supply Chain Planning Software Logistics Network Optimization Software 117