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

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

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

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

Cyzerg

NOVEMBER 3, 2023

However, balancing maximizing profitability and minimizing storage costs can be like walking a tightrope. With the right strategies and tools, businesses can master the art of inventory control.

Inventory Reduction 332

Inventory Reduction Cost Reduction Inventory Expense Reduction 332

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

Logistics Viewpoints

FEBRUARY 20, 2024

Demand is at the Heart of Supply Chain Network Design The first step in the SCND process is translating business rules into a set of data inputs: demand, products, customers, sites, shipment rules, production details, and various constraints. Another strategy is to dedicate resources and build the best algorithm for demand forecasting.

Supply Chain Design Software 156

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

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

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 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. How can data be shared?

Cost Reduction 51

Cost Reduction Strategy Logistics Network Optimization Software Data 51

MTS Logistics

APRIL 26, 2023

However, importers can significantly enhance their supply chain’s efficiency and reduce costs, while also improving customer satisfaction and increasing profitability by implementing several essential strategies. This can help prevent stockouts, reduce overstocking, and improve accuracy in forecasting.

Inventory Reduction 80

Inventory Reduction Waste Reduction Cost Reduction Supply Chain Planning Software 80

Logistics Business Magazine

OCTOBER 24, 2024

Unexpected failures, and unplanned maintenance and repair, don’t just increase costs and impair customer service, they have direct and significant environmental and sustainability impacts. But by implementing data driven maintenance strategies these cost, performance, and environmental impacts can be greatly reduced.

Materials Handling 54

Materials Handling Material Savings Waste Reduction Cost Reduction 54

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

The Logistics of Logistics

JULY 9, 2021

Cutting Out the Middleman with Mike Nervick. Mike Nervick and Joe Lynch discuss cutting out the middleman. Therefore, Sleek Technologies developed technology, powered by AI, to optimize the freight procurement process resulting in truckload savings, industry-best OTD, and actionable rate data for large shippers.

Cost Reduction 368

Cost Reduction Optimal Sourcing Manufacturing Procurement Logistics Network Optimization Software 368

Logistics Viewpoints

JULY 8, 2024

Simplification and standardization were key to the strategy. Users continued to work as they always had and then input data into SAP. Finally, customers are increasingly requesting transportation emission data. Unfortunately, SAP was implemented in a way that preserved the old fragmented operating process.

Cost Reduction 151

Cost Reduction Optimal Sourcing Resource Reduction Negotiating Skills 151

The Logistics of Logistics

MAY 24, 2021

Reducing Cost, Risk, and Carbon with Brad Guinane. Brad Guinane and Joe Lynch talk about reducing cost, risk, and carbon. Key Takeaways: Reducing Cost, Risk, and Carbon. Data is dirty and old – out of context. Data isn’t in a format that is easy to use – hard to interpret. About Brad Guinane.

Cost Reduction 195

Cost Reduction Price Reduction Logistics Network Optimization Software Supply Chain Software 195

Logistics Viewpoints

JUNE 7, 2023

First, what are some things companies can do to reduce delivery costs and how does technology play a role? Third, how can both retailers and logistics providers better cooperate to provide enhanced service and reduced costs? Reducing Cost per Delivery Reducing cost per delivery is a critical KPI for companies.

Cost Reduction 125

Cost Reduction Purchasing Skills Logistics Network Optimization Software Optimization Software 125

Logistics Business Magazine

APRIL 17, 2024

Cost reduction is top of mind for those managing transport and delivery fulfilment operations. The opportunity has never been greater to reform your route optimisation and delivery processes and identify areas to drive measurable improvements – from automating manual processes to increasing data visibility across your operations.

Cost Reduction 50

Cost Reduction Webinar Logistics Network Optimization Software Efficiency 50

The Logistics of Logistics

SEPTEMBER 25, 2023

Paul is the Founder and Chief Strategy Officer of Verusen , a supply chain intelligence platform, purpose-built to help manufacturers streamline their MRO supply and materials management. About Paul Noble As Founder and Chief Strategy Officer of Verusen, Paul Noble oversees the company’s vision and strategic direction.

Optimal Sourcing 398

Optimal Sourcing Material Savings Sourcing Strategies Inventory Reduction 398

The Logistics of Logistics

SEPTEMBER 26, 2020

Digital Sales Strategy: Overcoming the Barriers to Growth with Tony Verre. Joe Lynch and Tony Verre discuss the importance of having a digital sales strategy. He is currently building and executing strategies to connect, parallel, and intersect the consumer journey at multiple touchpoints to accelerate commerce. Learn More.

Cost Reduction 195

Cost Reduction Strategy Digital eCommerce 195

GlobalTranz

MARCH 1, 2021

To reap the rewards of a data-driven e-commerce returns strategy, logistics leaders should follow these steps: Keep all stakeholders working together and sharing the right information with related communications via API-integrated systems. Continuously measure performance with returns key performance indicators.

Cost Reduction 114

Cost Reduction Resource Reduction Optimization Software Strategy 114

3PL Links

MAY 3, 2023

Improving Supply Chain Visibility: The Impact of Data Strategy | Image source: Pixabay A business-contextualized data approach is crucial for boosting supply chain visibility, especially during downturns. This requires knowing precisely what details should be collected and trusting the sources of this data.

Sourcing Strategies 62

Sourcing Strategies Inventory Reduction Material Savings Cost Reduction 62

Locus

MARCH 27, 2024

But here’s the kicker for retailers: amidst all this chaos, they’ve got to keep their delivery costs lean without compromising on giving customers a smooth and enjoyable experience. This situation demands not just managing costs but also turning the returns process into a positive touchpoint with customers.

Cost Reduction 52

Cost Reduction Inventory Reduction Expense Reduction Resource Reduction 52

The Logistics of Logistics

SEPTEMBER 11, 2024

Felipe Co-founder and CEO of Loadsmart , where they provide logistics solutions powered by industry experts and next-gen technology that lower costs, increase efficiency, and digitize transportation. Previously advised companies on corporate strategy and M&A in Brazil and New York for 8 years.

Optimal Sourcing 278

Optimal Sourcing Logistics Network Optimization Software Optimization Software Supply Chain Planning Software 278

Locus

JANUARY 10, 2024

We’ll look at four strategies to optimize shelf replenishment, reducing stockouts, improving inventory management, cutting waste, and boosting productivity. This delicate balance aims to achieve two vital objectives: maximizing sales while minimizing costs. This equates to more profits in the pocket.

Inventory Reduction 52

Inventory Reduction Cost Reduction Resource Reduction Waste Reduction 52

The Logistics of Logistics

AUGUST 1, 2024

Matt is Chief Technology Officer at Greenscreens.ai , a freight-tech company on a mission to rock the freight world through accurate predictions, actionable insights and cutting-edge technology. Delve into the future of logistics, where AI and accurate data are crucial for navigating market fluctuations. About Greenscreens.ai

Price Reduction 335

Price Reduction Optimization Software Logistics Network Optimization Software Negotiating Skills 335

FreightWaves SONAR

APRIL 20, 2021

Regardless, reducing the impact on the environment while also keeping consumer loyalty and boosting efficiency can be tricky, but is possible. Increase your use of rail transport to lower costs One way to lower costs over the short- and long-term lies in the use of rail transportation.

Cost Reduction 97

Cost Reduction Expense Reduction Resource Reduction Logistics Network Optimization Software 97

Blue Grace Logistics

MAY 20, 2024

Webinars Show Submenu Resources The Logistics Blog® Newsroom Whitepaper Case Study Webinars Indexes Search Search BlueGrace Logistics - May 20, 2024 Supply Chain Now Webinar On-Demand: From Data to Delivery: Transforming Logistics for Maximum Efficiency Missed our live session? No worries!

Resource Reduction 86

Resource Reduction Cost Reduction Efficiency Data 86

Logistics Viewpoints

NOVEMBER 6, 2024

These sensors capture precise data on factors like location, speed, fuel usage, and driver behavior, transforming fleet management from reactive to data-driven decision-making. The IoT data allows managers to detect inefficiencies, predict maintenance needs, and even assess driver performance.

Supply Chain Planning Software 142

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Optimization Software 142

IoT World Today

OCTOBER 15, 2020

As organizations continue to adapt to the roller-coaster ride of 2020, some leaders’ pre-pandemic IT strategies brought business resilience even as COVID-19 struck. Indeed, some organizations spent several years laying the foundations for data-driven strategy and remote operations even prior to COVID-19.

Waste Reduction 122

Waste Reduction Cost Reduction Strategy Supply Chain Design Software 122

Logistics Business Magazine

MARCH 21, 2024

SICK has unveiled a pioneering compressed air monitoring system that accurately predicts where significant energy cost-savings can be made by fixing air leaks and removing wastage across entire logistics facilities. They can make their production processes more sustainable, for example by reducing their CO2 consumption.

Cost Reduction 54

Cost Reduction Expense Reduction Resource Reduction Waste Reduction 54