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

MAY 31, 2021

Perhaps you haven’t had much opportunity, amid the turmoil, to consider the cost to serve your online customers. The tips in this article will help you know how to identify the customers, products, and processes that might be inflating your cost to serve (CTS) unnecessarily. High Cost to Serve: It’s an Omnichannel Problem.

Cost Reduction 117

Cost Reduction Purchasing Skills Expense Reduction Inventory Reduction 117

Logistics Bureau

OCTOBER 26, 2024

When these issues arise within your company’s supply chain operations, supply chain consultants can diagnose the issues, offer cost-effective solutions, and help ensure smooth implementation. Often, people think that supply chain consulting is about reducing costs.

Supply Chain Planning Software 118

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 118

Ship Monk

MAY 5, 2022

There are a lot of moving parts in a transition of this magnitude, but we find that our clients’ biggest concerns are about the actual, physical move—how to get their inventory out of its current (and potentially hostile) warehouse and set up in a new facility with the least amount of disruption to their business. Taking the Plunge.

Inventory Reduction 52

Inventory Reduction Vendor Strategies Cost Reduction 3PL 52

Logistics Business Magazine

OCTOBER 22, 2024

Workplace accidents often come with a huge physical and psychological cost for the victim and their family, and any employee or employer found to have contributed through their negligent attitude to workplace safety can expect to receive a stiff penalty.

Buyer Training 54

Buyer Training How To Training Course 54

Logistics Bureau

MAY 30, 2022

In this post, we explain what those pillars are, why they matter, and how to align them in a way that supports supply chain management excellence. Our three pillars (or fundamentals) of great supply chain management excellence are strategy, service, and cost. Alignment of cost and service is good news for your customers.

Inventory Reduction 113

Inventory Reduction Cost Reduction Price Reduction Supply Chain Planning Software 113

WorkWave

NOVEMBER 14, 2023

Time To Read: 6 minutes If you’re wondering how to start a NEMT business, you’ve come to the right place. We’re setting out on a journey to understand how to transform your dream into reality, navigating legal documents, and NEMT software, hiring competent drivers, and crafting an effective marketing strategy.

Expense Reduction 52

Expense Reduction Cost Reduction Price Reduction How To 52

Shipping and Freight Resource

MAY 1, 2020

Shipping lines have been offering time-sensitive cost-saving options for COVID-19 along with some relief in demurrage and detention charges etc. Seemingly in line with the cost-saving measures offered by other stakeholders in the maritime industry, the Panama Canal Authority has announced temporary relief measures for their customers.

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Cost Reduction Resource Reduction Maritime Government 61

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

WorkWave

NOVEMBER 14, 2023

Time To Read: 6 minutes If you’re wondering how to start a NEMT business, you’ve come to the right place. We’re setting out on a journey to understand how to transform your dream into reality, navigating legal documents, and NEMT software, hiring competent drivers, and crafting an effective marketing strategy.

Expense Reduction 52

Expense Reduction Cost Reduction Price Reduction How To 52

Dedola Global Logistics

JUNE 19, 2020

No matter how long or short a supply chain is, importers and manufacturers need to know where their goods are at all times. 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.

Cost Reduction 100

Cost Reduction Resource Reduction Supply Chain Design Software Freight forwarding 100

Logistics Bureau

OCTOBER 10, 2022

Inventory costs too high? Before we look at the barriers to optimal inventory and the possible ways to eliminate or overcome them, let’s be clear on what inventory optimisation means—because misconceptions do abound. For example, you can optimise for cost, profit, or service, but not for all of them. Are profits too low?

Inventory Reduction 115

Inventory Reduction Inventory Optimization Modeling Optimization Software 115

The Lean Thinker

JULY 2, 2024

Of course, a high stock price enriches those people who already own shares, and makes options and stock grants more valuable, but they didn’t get into that either. Maybe they wanted to show the thinking behind how requests for things like upgraded tooling were evaluated. Those costs were out of control.

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Supply Chain Design Software Price Reduction Supply Chain Planning Software Optimization Software 397

GlobalTranz

DECEMBER 5, 2018

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.

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Price Reduction Resource Reduction Cost Reduction Inventory Reduction 67

Logistics Bureau

MAY 8, 2023

The answer is that the approach could cost your company vast sums of money in unnecessary logistics costs. The wastage may even be so significant as to exceed the cost of employing a dedicated staff to handle freight management. That’s not to say outsourcing will be suitable for every company.

Negotiating Skills 62

Negotiating Skills Cost Reduction Resource Reduction Price Reduction 62

GlobalTranz

JANUARY 21, 2015

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 cost reductions are always at the forefront of your team’s mind. Vendor Managed Inventory Model for Supply Chain Cost Reductions. What is Reverse Marketing?

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Vendor Strategies Inventory Reduction Cost Reduction Waste Reduction 96

United World Transporation

FEBRUARY 4, 2022

If you’d like to know how to start an owner-operator business in 2022 and 5 essential things you need to keep in mind, then continue reading below. How is your network in the industry—do you know people who can help? Do you know how to negotiate business deals? Learn How to Maximize Profits. Find the Right Truck for You.

Expense Reduction 96

Expense Reduction Cost Reduction How To Negotiating Skills 96

GlobalTranz

NOVEMBER 16, 2016

Yet the majority of companies have not defined a big data strategy, and others are barely starting to notice. . �. As a result, the simplest way of defining a big data strategy must begin with understanding how it will evolve and affect the company. . How to Get Started with Your Big Data Strategy. .

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Resource Reduction Cost Reduction Supply Chain Planning Software Supply Chain Software 91

Locus

MARCH 13, 2024

Out for Delivery – How to Adhere to timelines? Implementing a smart sorting solution that can auto sort packages based on zip code, vehicles, order type and many other parameters, will significantly bring down time to sort, personnel cost and driver time at the warehouse, leading to faster delivery times.

How To 52

How To Cost Reduction Vendor Strategies Inventory Reduction 52

CH Robinson Logistics

JUNE 20, 2019

When I talk to worldwide businesses in Asia, Oceania, North America, or anywhere else, their chief concern is always the same: how do we meet our customers where they are to get them the products and services they want, all while keeping our own business strategy central? How to prioritize supply chain strategy for business expansion.

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Sourcing Strategies Vendor Strategies Inventory Reduction Resource Reduction 48

GlobalTranz

DECEMBER 2, 2014

Editor’s Note: This is our second post in a two part series about how to get your logistics and transportation practices in order in time for holiday shipping or peak season crunches. The first post covered how you can get the DC or warehouse ready for the holidays or peak seasons. . Truckload Holiday Shipping.

Cost Reduction 86

Cost Reduction Price Reduction Vendor Strategies Resource Reduction 86

Logistics Bureau

OCTOBER 1, 2024

Let me share with you some very simple tips this week on how to fit more into your warehouse so that you can either avoid or delay having to move to a larger facility. We see that a lot where people are buying, you know, at a lower unit cost and then ending up with too much stock cover. Not much additional cost involved.

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Capacity How To Sorting Purchasing Skills 88

GoShip Blog

FEBRUARY 8, 2024

While many business owners are aware of the negative effects of damaged goods and packages, many still struggle to understand what freight damage is, how it occurs, and how to mitigate risks. In this guide, we will give you the tools you need to better your shipping strategy. What are the types of damaged freight?

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Freight How To Cost Reduction Document 52

Logistics Bureau

JUNE 14, 2021

Historically, many of those customers concentrated keenly on measuring performance aspects such as cost to serve, perfect order, productivity, and cycle and lead times. Of course, the criticality of such elements is the same now as it always was. Shifting from traditional demand forecasting to more dynamic demand-sensing strategies.

Supply Chain Planning Software 69

Supply Chain Planning Software Optimal Sourcing Supply Chains Inventory Reduction 69

Ship Monk

SEPTEMBER 8, 2022

Wouldn’t it be nice to know how much it’s going to cost before you go? As an eCommerce business owner, you know how expensive shipping can be. There are ways to reduce dimensional weight and, as a result, reduce shipping costs, but first you have to understand how shipping costs are calculated.

eCommerce 52

eCommerce How To Cost Reduction Price Reduction 52

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? Book Now Let’s talk about your warehouse layout! Book your free consultation.

Inventory Reduction 89

Inventory Reduction Eliminating Excel in Purchasing Inventory Waste Reduction 89

Logistics Bureau

NOVEMBER 8, 2021

Supply chain management objectives can encompass several success factors, including cost reduction, supply chain speed, efficiency, and service improvement. So, for example, if your business competes strongly on price, you might go heavy on the cost-reduction side of supply chain management, setting objectives centered on savings.

Supply Chain Software 82

Supply Chain Software Supply Chains Scenario Planning Cost Reduction 82

Ship Monk

NOVEMBER 21, 2022

Others take an educated guess and hope for the best, which isn’t a strong strategy either. On the other hand, if you order too soon, you may not have enough room to store the new products, or you may have to pay more than expected for storage and holding costs. How to Calculate a Reorder Point. What is a Reorder Point?

How To 52

How To Inventory Reduction Supply Chain Software eCommerce 52

United World Transporation

JUNE 25, 2020

So, any opportunities to increase fuel efficiency and save money are valued in the industry, and fuel purchase routing is a commonly used strategy by many long-haul truck drivers. How do you calculate the best fuel purchase route? The cost is $50-100 per month, depending on your business type. How much money can you save?

Procurement Solutions 98

Procurement Solutions Purchasing Skills Procurement Analytics Purchasing 98

Dedola Global Logistics

JUNE 19, 2020

No Visibility No matter how long or short a supply chain is, importers and manufacturers need to know where their goods are at all times. A reputable, reliable freight forwarder like Dedola Global Logistics can find a solution to minimize or eliminate delays, even under severe circumstances such as global disruptions like COVID-19.

Cost Reduction 52

Cost Reduction Resource Reduction Supply Chain Design Software Freight forwarding 52

Dedola Global Logistics

JUNE 19, 2020

No matter how long or short a supply chain is, importers and manufacturers need to know where their goods are at all times. 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.

Cost Reduction 52

Cost Reduction Resource Reduction Supply Chain Design Software Freight forwarding 52

The Logistics of Logistics

APRIL 24, 2023

To succeed, both startups and companies at scale need to make decisions about how to effectively acquire new customers and address their target audience. With Sync Logistics Training companies can: Reduce the burden on management. Implement enterprise level course content at a fraction of the cost.

Negotiating Skills 345

Negotiating Skills Supply Chain Design Software Logistics Network Optimization Software Buyer Training 345

The Logistics of Logistics

MAY 15, 2023

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.

Logistics Network Optimization Software 291

Logistics Network Optimization Software Supply Chain Planning Software Logistics After-sales 291

Camelot 3PL Software

MARCH 5, 2024

Accuracy and Error Reduction Manual picking processes are prone to errors. Barcode scanning ensures nearly 100% picking accuracy by eliminating human error. This reduces rework and minimizes order discrepancies. They should understand how to use the scanners, troubleshoot common issues, and follow scanning best practices.

3PL 59

3PL Inventory Reduction Optimal Sourcing Resource Reduction 59

GlobalTranz

DECEMBER 9, 2015

Editor's Note: This is our second post in a two part series about how to get your logistics and transportation practices in order in time for holiday shipping or peak season crunches. The first post covered how you can get the DC or warehouse ready for the holidays or peak seasons. . Truckload Holiday Shipping.

Cost Reduction 48

Cost Reduction Price Reduction Vendor Strategies Resource Reduction 48

WorkWave

FEBRUARY 20, 2024

As an electrical contractor, knowing how to estimate electrical work can make the difference between profit and loss. From reviewing job specifications to sending the proposal, this comprehensive guide will show you how to estimate electrical work the right way.

Negotiating Skills 52

Negotiating Skills Purchasing Skills How To Modeling Software 52

Conger

JANUARY 17, 2023

Because in this ultimate guide, you'll learn everything you need to know about the 5S warehouse system, including: What warehouse 5S is The 8 key benefits of 5S-ing your warehouse How to easily implement a warehouse 5S protocol And lots more! Some common sorting strategies include: General cleaning of an area. Let's dive in!

Waste Reduction 52

Waste Reduction Inventory Reduction Cost Reduction Resource Reduction 52