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Curtis documents and shares challenges, progress, and goals in a collaborative and community driven way. Curtis’ career has taken him through LTL operations – both driver and dock, Weights and Research, pricing, yield management, strategy, sales, and technology. He is a huge believer of working in public.
Tim Higham and Joe Lynch discuss the free TMS, which is of course AscendTMS. It grew through a continued mixture of internal organic growth and further diversification through a continued acquisition strategy with Palm Beach Capital. It has a user-friendly interface and a comprehensive documentation library. AscendTMS).
As you’ll know, if you follow our blog regularly, Logistics Bureau does a great deal of work related to supply chain strategy development and alignment. As a result, and as we’ve mentioned in several previously published articles, we’ve discovered that many companies lack a defined and documented supply chain strategy.
If you were to tell me that your company had never looked at its supply chain costs and sought to deliver reductions, I would be mightily surprised. On the other hand, if you told me your company hasn’t been able to sustain any progress in supply chain costreduction, I wouldn’t be surprised at all.
As a supply chain director, manager, or boss of a multinational corporation, where the supply chain is an integral part of your business, supply chain costreductions are always at the forefront of your team’s mind. Vendor Managed Inventory Model for Supply Chain CostReductions. What is Reverse Marketing?
Lean systems have provided a formidable operating strategy for leaders determined to achieve and maintain optimal operational systems and customer satisfaction levels. “5S” programs are taught in some business college courses, and the SCOR model is also utilized. . Overhead costs are excessive (due to systemic disorder).
The best freight forwarders have in-depth online tracking, providing all the key information about your shipments, reporting capabilities, document storage, and of course up to the minute status of your shipments. You can see where your shipments are at any time and manage documents in real-time. Going the Extra Mile.
We wanted to bring you some quick strategies and tips that can help your holiday shipping woes or at any time of the year where you experience an increase in shipping volumes. The mantra for all transportation professionals is simple and holds true no matter the holidays or peak seasons: reducecosts and increase customer satisfaction levels.
At the next Logistics Bureau Free Executive Breakfast (which will take place in August), I’ll be discussing the alignment of supply chain and business strategy along with eight other important levers for supply chain performance improvement. The Failing Kmart Business Strategy. The first Kmart store opened way back in 1962.
Digitize Invoicing to Eliminate Errors and Guard Cash Flow. In the logistics business, the pain points -- and the potential points of failure -- are numerous and come with very high costs. A plug-and-play solution (which requires no code and no special technical skills to use) eliminates barriers to adoption for your team.
With the right approach, they can be turned from a cost to a benefit—an opportunity to improve. As such, addressing this root issue is not only a cost-saving measure but a way to better understand the customer. The post Reverse Logistics: The 5 Keys to a Successful Strategy appeared first on Morai Logistics Inc.
For this reason, KPIs are essential for any business improvement strategy. Of course, the big challenge in this type of external benchmarking is obtaining the necessary data, since many companies are wary of sharing performance data with potential competitors.
And are you struggling with cost and forecasting challenges? This article might help you cultivate that understanding, as it offers a brief overview of the factors influencing high container freight costs—and the challenges of volume forecasting. Reduced shipment visibility. Other Steps to Minimise Container Freight Costs.
For example, a black swan event may include both the physical damage and ongoing disruption caused by a hurricane and subsequent bottlenecks, so shippers that know how to isolate the causes of poor visibility and areas that are likely to contribute to worsening of black swan events can effectively reduce their chances of coming to fruition.
We wanted to bring you some quick strategies and tips that can help your holiday shipping woes or at any time of the year where you experience an increase in shipping volumes. The mantra for all transportation professionals is simple and holds true no matter the holidays or peak seasons: reducecosts and increase customer satisfaction levels.
The best freight forwarders have in-depth online tracking, providing all the key information about your shipments, reporting capabilities, document storage, and of course up to the minute status of your shipments. Accounting for every one of them is a lofty goal. A freight forwarder that consults with the importer is a valuable asset.
The best freight forwarders have in-depth online tracking, providing all the key information about your shipments, reporting capabilities, document storage, and of course up to the minute status of your shipments. You can see where your shipments are at any time and manage documents in real-time. Going the Extra Mile.
As youll know, if you follow our blog regularly, Logistics Bureau does a great deal of work related to supply chain strategy development and alignment. As a result, weve discovered that many companies lack a defined and documented supply chain strategy. A company without a supply chain strategy is at a competitive disadvantage.
Standardise and Digitise The key to managing complexity, of course, is to be organised. Inventory Availability and Cost: Striking a Balance It’s rarely a good idea to think too lean in ecommerce inventory management. So what can you do to ensure your inventory management meets the challenge of multichannel sales?
Conversely, of course, this also means there are a number of ways in which companies can get it wrong. To help you keep on top of your warehouse management and ensure your storage facilities don’t generate undue supply chain costs, take note of the following eight common warehousing mistakes. 4: Lack of Attention to Housekeeping.
And although modern technology makes things easier, it can still be difficult to get everything right, as you’ve got trucks loaded with everything from fresh food to furniture, customers waiting at specific times, drivers who need their breaks, and fuel costs that will make your eyes water if you get it wrong.
Lean thinking focuses on the elimination of all waste (where waste is defined as any non-value added process) and bringing value to the customer , beyond the customer’s expectations. It is surprising how far people walk in the course of a year in many processes. Eliminate Transportation Waste. Eliminate Transportation Waste.
One of the options that can be used is to ask the insurer to cover part of or all the replacement costs. The costs of compensating for lost cargo can be much higher than those that are incurred by saying no to excess cargo. The company should be aware of any costs and delays that it may have to contend with so that it can plan.
It’s also important to document any constraints that will impact your plans to meet those objectives. A clear understanding of objectives and constraints will provide you with the starting point for your design review, so it’s important to get them documented and to make sure all stakeholders are aware of them.
Digitize Invoicing to Eliminate Errors and Guard Cash Flow. In the logistics business, the pain points -- and the potential points of failure -- are numerous and come with very high costs. A plug-and-play solution (which requires no code and no special technical skills to use) eliminates barriers to adoption for your team.
Digitize Invoicing to Eliminate Errors and Guard Cash Flow. In the logistics business, the pain points -- and the potential points of failure -- are numerous and come with very high costs. A plug-and-play solution (which requires no code and no special technical skills to use) eliminates barriers to adoption for your team.
Green shipping, or sustainable shipping, is a set of activities and initiatives aimed to reduce fuel consumption and gas emissions. Going green can not only contribute to resolving the global environmental issue, but can strengthen the brand image of your company and reduce supply chain costs. What is green shipping?
So three months after an executive meeting on June 23rd , an updated strategy was released, tracking a radical shift into a slimmer Maersk, focused on providing end-to-end logistics services. The Post-2016 Strategy: End-to-end Shipping. The shift to full end-to-end integration, of course, leaves no one else in the middle.
This proactive approach helps carriers align their operations, reducing wait times and improving overall efficiency. For smaller shipments, LTL offers cost-effective solutions while maintaining service quality. Implement appointment-based systems to ensure smooth transitions and reduce driver idle time.
It’s typically more cost-effective per unit and provides faster transit times since the truck goes directly to its destination. Documentation and Compliance: Here’s where things get interesting – and sometimes complicated. Types of Shipments In B2B freight, size really does matter. The likelihood is that you did.
Conversely, of course, this also means there are a number of ways in which companies can get it wrong. To help you keep on top of your warehouse management and ensure your storage facilities don’t generate undue supply chain costs, take note of the following nine common warehousing mistakes.
Unlike traditional, in-classroom education settings, vocational programs blend on-the-job learning opportunities with course credits and education. In other words, the cost of obtaining the skills necessary to complete a vocational program are by definition used for practical purposes in the field.
Total Throughput Divided by Total Labor Cost Is Just the Tip of the Iceberg – Know for Sure and Take Control with a Warehouse Labor Management System. You count the total number of boxes that pass through the warehouse in a day and divide it by the total labor cost to arrive at some approximation of productivity for the location.
Whereas online courses and programmes were previously managed as a separate entity, they are now an integral part of most academic systems. The study showed that upwards of 30 percent of American students enrolled in at least one online course in 2018. Online courses are the quickest path for a student to obtain a degree.
In the course of international trade, compliance with international trade laws and cultural differences can lead to confusion when interpreting contractual terms and obligations. Although the word free is used in the term, it does not negate the shipping cost for goods. Who Pays the Freight Cost for FOB? Freight prepaid.
What Does our Supply Chain Really Cost our Business? Do we have the right supply chain strategy in place? Quite simply, your supply chain needs the right products at the right service at the right cost… Click To Tweet. ” Question 2: What Does my Supply Chain Cost? What’s our average cost per order?
Ironically, while there is a proven solution to the problem of mushrooming transportation costs, it is often the CFO/finance department thwarting the very initiative transportation offers to solve it. We’re talking, of course, about Transportation Management System (TMS) solutions to digitize and automate transportation processes. .
As the captain of your yacht, houseboat or other type of vessel, you know it’s critical to chart your course correctly when you hit the open waters. Although you won’t be consulting maps and charts, you’ll still need to plot the right course to ensure that your boat is handled properly throughout the process.
Warehouse 5S is a lean management strategy that helps warehouses accomplish a basic objective: making problems visible. The 5S model is named for five Japanese terms that capture its core philosophy — waste reduction and improved efficiency. Some common sorting strategies include: General cleaning of an area.
Limited network contacts result in higher costs. Of course, that depends on securing shipping data insights well in advance of disruptions’ arrival. Taking this action amounts to a more proactive, productive shipping strategy. Trucking contracts are not a fast-paced document. Disruption is, by definition, unplanned.
It rests in understanding the value of collaborative logistics , including the causes of shrinking profit margins in freight brokerages, how analytics and data allow Freight Brokers to measure and improve the health of their business, and immense opportunities to apply analytics, drive collaboration, and lower freight costs for customers.
Switching to a home office does not mean any reduction in our performance, our efficiency and our reliability towards customers. We don’t have a large server room and there are no paper documents in circulation. It is also very easy to work together on transports and documents. How can logistics companies master them?
Switching to a home office does not mean any reduction in our performance, our efficiency and our reliability towards customers. . We don’t have a large server room and there are no paper documents in circulation. It is also very easy to work together on transports and documents. How can logistics companies master them?
And the results indicate that better training reduces operators’ errors. According to OSHA as well as many other experts, when errors are reduced, accidents are reduced as well. That means providing proper documentation and evidence that your employee completed their forklift operator training. So why do we do it?
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