Logistics Viewpoints

OCTOBER 30, 2024

Companies such as Elon Musk’s SpaceX, Jeff Bezos’ Blue Origin, Rocket Lab and others are lowering launch costs, with SpaceX achieving approximately $2,600 per kilogram to Low Earth Orbit (LEO), compared to $18,500 per kilogram during the Space Shuttle era.

Cost Reduction 142

Cost Reduction Expense Reduction Resource Reduction Material Savings 142

Loginext

MAY 22, 2024

Learn how to optimize last mile delivery costs with effective strategies and innovative solutions. From route optimization and real-time tracking to customer engagement and sustainable practices, discover practical ways to enhance efficiency and reduce expenses.

Cost Reduction 76

Cost Reduction Expense Reduction Optimization Software Strategy 76

Logistics Viewpoints

AUGUST 29, 2024

In the dynamic landscape of modern supply chains, one of the key challenges is the efficient management of resources to eliminate waste and enhance overall productivity. Standardized carton sizes also facilitate more efficient stacking and storage within the warehouse, reducing space utilization and improving overall operational flow.

Waste Reduction 151

Waste Reduction Optimal Sourcing Sourcing Strategies Resource Reduction 151

Kane is Able

AUGUST 19, 2021

This article looks at overtime-related problems and offers some strategies to reduce overtime costs in the warehouse through improved hiring and retention. When there are not enough reliable workers to fill the need, warehouse operators must rely on overtime to fill the gap.

Cost Reduction 117

Cost Reduction Strategy Warehousing Reliability 117

Cyzerg

AUGUST 21, 2023

From improved productivity to reduced costs, the benefits of boosting warehouse performance are undeniable. Maximizing warehouse performance is essential for any business that relies on storage and logistics.

Cost Reduction 296

Cost Reduction Efficiency Optimization Strategy 296

Logistics Bureau

OCTOBER 12, 2024

Yes, we are living in a world of a severe market competition, shorter product life cycle, tougher customer demand, higher cost reduction pressure, longer supply chains, and heavier reliance on outsourcing. Through the years, how have we distorted the aim for strategic alliance and a cost transparency?

Cost Reduction 62

Cost Reduction Procurement Analytics Optimal Sourcing Procurement 62

Ship Monk

JULY 18, 2024

Today we’re going to look at some of the consumer trends that might affect your preparations for peak season 2024, and strategies to maximize them. Reduce shipping and inventory costs to gain pricing flexibility. Invest in a returns app or self-service claims portal to reduce customer frustration.

Inventory Reduction 110

Inventory Reduction Cost Reduction Price Reduction Supply Chain Planning Software 110

Ship Monk

APRIL 23, 2024

While it is impossible to completely eliminate your carbon footprint (you are shipping packages daily, after all), you can offset the negative impacts with positive impacts, such as recycling. Recycling and composting count as positive carbon equivalents, and reduce your overall carbon footprint. Let’s say your business sells jeans.

Waste Reduction 103

Waste Reduction Inventory Reduction Resource Reduction Cost Reduction 103

The Logistics of Logistics

OCTOBER 15, 2020

Eliminating Detention and Delighting Drivers with Erik Malin. Erik Malin and Joe Lynch discuss eliminating detention and delighting drivers. Baton has developed an innovative solution to eliminate detention and dwell time. Baton has developed an innovative solution to eliminate detention and dwell time. About Erik Malin.

Waste Reduction 195

Waste Reduction Cost Reduction Expense Reduction Logistics Network Optimization Software 195

SIPMM Professional Publications

JANUARY 11, 2019

The post Cost Reduction Strategy through Supplier-Managed Inventory appeared first on SIPMM ACADEMY. Extensive information sharing is required so that supplier can maintain a high degree of visibility of its goods at the customer’s location.

Inventory Reduction 102

Inventory Reduction Cost Reduction Supplier management Inventory 102

Logistics Viewpoints

MAY 8, 2024

In March 2024, the Joint Office of Energy and Transportation released the National Zero-Emission Freight Corridor Strategy , which aims to decarbonize and advance zero-emission freight along the United States main shipping corridors.

Cost Reduction 159

Cost Reduction Resource Reduction Sourcing Strategies Strategy 159

Loginext

OCTOBER 23, 2024

It also optimizes delivery routes, reducing operational costs for logistics businesses. The post Last Mile Delivery Tracking Software Boosts Experience, Cuts Costs appeared first on loginextsolutions.com.

Cost Reduction 89

Cost Reduction Optimization Software Logistics Network Optimization Software Optimization 89

Stord

JULY 1, 2024

Every step of the process that brings your product from creation to your consumers’ front-door can cut into those margins and reduce your profitability. A brand’s goal is to maximize order value and repeat purchase rate, while minimizing variable product and shipping costs, optimizing ad costs, and keeping overhead costs low.

Expense Reduction 78

Expense Reduction Cost Reduction Price Reduction Inventory Reduction 78

Trux

SEPTEMBER 27, 2024

Between rising fuel costs, equipment wear and tear, and keeping up with deadlines, it’s easy for costs to pile up fast. But one thing’s for sure—cutting corners to save money isn’t the answer. Running a hauling operation isn’t cheap.

Cost Reduction 52

Cost Reduction Expense Reduction How To Operations 52

10xLogistics

OCTOBER 19, 2022

There are a lot of conversations happening relative to all sorts of strategies for supply chains (and no lack of consultants who want to sell you on the latest and greatest ideas). My thesis here is that the first thing you have to develop and fully understand is your business' go to market strategy. Just do what you say you will do.

Cost Reduction 117

Cost Reduction Price Reduction Supply Chain Design Software Strategy 117

Blue Grace Logistics

FEBRUARY 26, 2024

Transportation Strategy Profitability Search Search BlueGrace Logistics - February 26, 2024 Transportation strategy plays a pivotal role in ensuring efficiency, cost-effectiveness, and ultimately, profitability for businesses.

Inventory Reduction 62

Inventory Reduction Cost Reduction Waste Reduction Expense Reduction 62

Amware Logistics and Fulfillment

JULY 6, 2023

Four Sigmatic, the #1 mushroom coffee and protein brand, partnered with Amware Fulfillment to reduce its omnichannel fulfillment costs 15% and reduce its parcel shipping costs 4%.

Cost Reduction 260

Cost Reduction Video 260

Locus

JUNE 30, 2023

Those working in shipping and last-mile delivery are all too familiar with the ubiquitous dilemma: cost optimization. Yet, the difficulty lies not in curtailing costs but in understanding and mitigating the long-term repercussions of such actions. This dramatically reduces the margin of manual error, improving overall efficiency.

Cost Reduction 52

Cost Reduction Resource Reduction Expense Reduction Price Reduction 52

The Logistics of Logistics

MARCH 13, 2021

Sourcing Strategy: Effective vs Efficient with Ron Crabtree. Joe Lynch and Ron Crabtree discuss sourcing strategy: effective vs efficient. When developing a sourcing strategy, the focus can be effectiveness (gaining desired results) or on efficiency (reducing cost, labor, and resources used). About Ron Crabtree.

Sourcing Strategies 195

Sourcing Strategies Inventory Reduction Resource Reduction Price Reduction 195

Logistics Viewpoints

AUGUST 25, 2021

A TMS offers optimization capabilities across multiple modes to improve service levels and reduce freight spend. Below are some transportation strategies for success for suppliers of TMS, TES, and MTS. Coronavirus has changed the outlook for direct-to-consumer commerce, and a TMS is now a critical component of this strategy.

Price Reduction 180

Price Reduction Cost Reduction Expense Reduction Supply Chain Planning Software 180

Blue Grace Logistics

MARCH 26, 2024

Controlling Supply Chain Cost for Sustainable Growth Search Search BlueGrace Logistics - March 26, 2024 In modern business, controlling supply chain costs is paramount for sustaining profitability and competitiveness. This helps in reducing supply chain costs associated with stockouts and overstocking.

Negotiating Skills 94

Negotiating Skills Cost Reduction Waste Reduction Inventory Reduction 94

The Logistics of Logistics

MARCH 26, 2021

Developing a Distribution Strategy with Matt McGregor. Joe Lynch and Matt McGregor discuss developing a distribution strategy. Distribution strategy is one of the areas of focus for Matt and the Colliers Real Estate team. Key Takeaways: Developing a Distribution Strategy. Elements of a successful distribution strategy.

Cost Reduction 195

Cost Reduction Negotiating Skills Distribution Strategy 195

EazyStock

AUGUST 21, 2020

However, holding too much can have a number of negative implications, such as high carrying costs , over-investment in stock and poor cash flow. 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?

Inventory Reduction 52

Inventory Reduction Cost Reduction Price Reduction Resource Reduction 52

SIPMM Professional Publications

OCTOBER 1, 2020

Postponement and speculation strategies of products during a timely and cost-effective manner by the standard production and logistics structures. Supply chain have reducing risk and forecasting techniques, cooperation and integration between the manufacturing and logistics […].

Material Savings 158

Material Savings Cost Reduction Warehousing Strategy 158

Loginext

OCTOBER 25, 2024

This leads to significant cost savings and improved profits, helping companies stay competitive. The post Logistics Software: Cutting Costs, Boosting Profits appeared first on loginextsolutions.com. From small businesses to large fleets, learn how the right logistics software can enhance performance and drive growth.

Cost Reduction 74

Cost Reduction Logistics Network Optimization Software Optimization Software Logistics 74

Amware Logistics and Fulfillment

JUNE 2, 2022

Parcel costs eat up about two thirds of an eTailer's spending. It's no surprise then that companies are looking for ways to reduce their parcel spend. But it's not easy.

Cost Reduction 296

Cost Reduction Video eCommerce 296

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

Logistics Viewpoints

JULY 12, 2022

The rise in fuel costs, especially diesel, is significantly impacting the bottom line of many B2B companies such as distributors and wholesalers. Instead, transportation and logistics organizations need to make fuel cost mitigation a company-wide effort. How customers are served is big driver of fuel costs.

Cost Reduction 175

Cost Reduction Material Savings Resource Reduction Price Reduction 175

Logistics Business Magazine

JANUARY 30, 2024

Jack Burton of Samsara and Daniel King from QBE detail the factors contributing to rises in insurance costs and what is driving market conditions. With claims cost inflation, parts shortages and rising costs of vehicle technology it is crucial to have a robust risk management strategy. What is driving market conditions?

Cost Reduction 51

Cost Reduction Strategy Logistics Network Optimization Software Data 51

Logistics Viewpoints

FEBRUARY 20, 2024

That strategy can lead to thousands of scenarios, and still no number of scenarios will answer all questions. Another strategy is to dedicate resources and build the best algorithm for demand forecasting. While this sourcing strategy is the most cost-effective one, the business might not want to operate like that.

Supply Chain Design Software 156

Supply Chain Design Software Sourcing Strategies Supply Chain Design Inventory Reduction 156