Logistics Bureau

JULY 21, 2017

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.

Cost Reduction 68

Cost Reduction Inventory Reduction Price Reduction Vendor Strategies 68

MTS Logistics

NOVEMBER 17, 2023

The eBL, a digital version of the traditional bill of lading, is reshaping the way businesses manage and streamline their shipping documentation. The bill of lading is a crucial document in the shipping industry, serving as a receipt of goods, a contract of carriage, and a document of title. What is a Bill of Lading (BOL)?

Cost Reduction 105

Cost Reduction Document Security Collaboration 105

Parade

MARCH 3, 2021

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.

Supply Chain Software 148

Supply Chain Software Supply Chain Planning Software Resource Reduction Cost Reduction 148

WorkWave

OCTOBER 17, 2024

superior technology, faster delivery times, eco-friendly vehicles) By presenting a clear description of your business, potential investors or partners can better understand how your company fits into the larger market. better customer service, faster delivery times, or lower costs). Competitive Analysis : Who are your competitors?

Cost Reduction 52

Cost Reduction Logistics Network Optimization Software Transportation Purchasing Skills 52

Shipchain

FEBRUARY 7, 2019

Additionally, global trade scales are vulnerable to an impending digital documentation revolution, as noted by Kyunghee Park of Bloomberg.com. For shippers to stay competitive with big-box retailers like Walmart along with growing e-commerce vendors, they must think outside the box and cut costs wherever possible.

Logistics Network Optimization Software 112

Logistics Network Optimization Software Supply Chain Software Vendor Strategies Cost Reduction 112

GlobalTranz

DECEMBER 12, 2014

Exchanging documents electronically improves transaction speed and visibility while decreasing the amount of money you spend on manual processes. But cost savings is far from the only benefit of using transportation EDI in a TMS. Sellers benefit from improved cash flow and reduced order-to-cash cycles.

Cost Reduction 98

Cost Reduction Waste Reduction Expense Reduction Inventory Reduction 98

Trinity Logistics

APRIL 28, 2020

In the midst of this unprecedented time, we recognize the struggles that our dedicated carriers are faced with, which is why beginning May 26, 2020, Trinity Logistics will be permanently reducing our QuickPay fees and making the move to the TriumphPay platform. TriumphPay is a leading provider of carrier and vendor payment solutions.

Logistics Network Optimization Software 118

Logistics Network Optimization Software Vendor Strategies Cost Reduction Logistics 118

SYSPRO Smarter ERP

MARCH 20, 2024

For manufacturers, having the right business intelligence on hand at the right time can eliminate the guesswork from decision making, offering real-time visibility into business processes so you can anticipate your next move. Data warehousing costs rise. Eliminate reporting inconsistencies and data redundancy. Human error.

Manufacturing Procurement 105

Manufacturing Procurement Optimal Sourcing Expense Reduction Cost Reduction 105

GlobalTranz

MAY 12, 2015

That’s why it’s important to check whether your freight broker accounting strategy is optimized, to show your business in the best light when you’re applying for a freight broker license bond and to deter increases in the freight broker bond cost. If you’re wondering why, just consider the way a bond premium is determined.

Cost Reduction 88

Cost Reduction Expense Reduction Freight Vendor Strategies 88

Logistics Viewpoints

FEBRUARY 26, 2025

Additionally, tools like zero-knowledge proofs (ZKPs) enable companies to verify information without disclosing sensitive details, and smart contracts automate key processes without intermediaries, reducing costs and delays Regulations such as the U.S. ERP & SCM Systems (2000s2015): Centralized ERP suites (e.g.,

Supply Chain Software 77

Supply Chain Software Supply Chains Optimal Sourcing Modeling Software 77

CLX Logistics

AUGUST 23, 2023

This allows shippers to tailor logistics strategies to the specific needs of the chemical industry. Logistics Challenges Facing Chemical Companies Navigating the complex landscape of freight transportation presents considerable challenges for chemical companies.

Optimal Sourcing 77

Optimal Sourcing Outsourcing Material Savings Optimization Software 77

RPA Labs

SEPTEMBER 30, 2020

Whether your company is a domestic freight broker, an international freight forwarder , an ocean carrier , or a trucking fleet, you probably rely on your employees to do data entry, document processing, shipment tracking, and invoicing. RPA Labs’ Document Bots allow for seamless system- to-system interaction with a no-code interface.

Document 40

Document Vendor Strategies Supply Chain Software Cost Reduction 40

SYSPRO Smarter ERP

JANUARY 16, 2023

Processing documents is one of the most time-hungry tasks in supply chains. ERP lets you automate manual tasks like document processing saving you a huge amount of time and money while streamlining your supply chain. Lower operational costs. Below are some of the key benefits of an efficient and effective ERP system.

Supply Chain Software 105

Supply Chain Software Supply Chain Planning Software Optimal Sourcing Supply Chains 105

Logistics Bureau

NOVEMBER 20, 2023

Indeed, the transition has taken place so swiftly that some companies may still need to fully grasp the present or future possibilities to exploit distribution performance as a competitive advantage. Would you like to cut down the time and effort involved in fleet routing?

Presentation 95

Presentation Optimization Software Logistics Network Optimization Software Optimal Sourcing 95

WorkWave

MARCH 26, 2024

Let’s delve into this topic to understand its significance and explore strategies for optimizing delivery routes to enhance customer satisfaction. Efficiency and Cost-Effectiveness Efficient delivery route planning not only benefits customers but also contributes to the company’s bottom line. Start Using RouteManager!

Optimization Software 105

Optimization Software Optimization Logistics Network Optimization Software Cost Reduction 105

GlobalTranz

DECEMBER 9, 2015

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: reduce costs and increase customer satisfaction levels.

Cost Reduction 48

Cost Reduction Price Reduction Vendor Strategies Resource Reduction 48

MTS Logistics

JUNE 21, 2024

To understand this question we need to look at the following methods: Income Approach Market Approach Cost Approach The income approach requires a forecast of future cash flow. The net present value of the future income the vessel will earn is used to calculate the vessel’s value. This approach is past-oriented.

Purchasing Skills 105

Purchasing Skills Price Reduction Cost Reduction Supply Chain Planning Software 105

MTS Logistics

FEBRUARY 26, 2024

Expertise of Freight Forwarders Freight forwarders are well-versed in the knowledge of how to handle the customs regulations and documentation for your international shipments. We ensure that every consignment complies with the specific rules of each country, reducing the risk of delays or customs-related issues.

Freight forwarding 111

Freight forwarding Negotiating Skills Freight Negotiate Pricing 111

GlobalTranz

MARCH 18, 2015

You will want to gain insight into what differentiates one 3PL from another, what core capabilities they offer and what skills do they have in developing strategies and thought leadership. From this vantage, a strategic 3PL partnership will form a collaboration with your company to fine tune a strategy to meet your needs.

Negotiating Skills 91

Negotiating Skills 3PL Resource Reduction Cost Reduction 91

Logistics Bureau

OCTOBER 31, 2017

Today’s warehouses need fewer operatives and hence, fewer line managers, because certain labour-reducing technologies have either made labour more efficient or eliminated it altogether. In the process they have made many warehouse activities faster for people to perform and generated efficiencies to reduce labour-intensiveness.

Supply Chain Software 63

Supply Chain Software Supply Chain Planning Software Supply Chain Design Software Modeling Software 63

Freightos

JUNE 17, 2024

Stickiness: Once a company’s AI solutions are deeply integrated into a customer’s operations, the switching costs become significant. Below are some advantages of using third party LLMs: Cost : Initially, as a startup, costs are an important factor in getting off the ground.

Modeling Software 119

Modeling Software Optimization Software Logistics Network Optimization Software Cost Reduction 119

Conger

MARCH 22, 2024

In this article, we explore how these AGVs are changing the warehouse industry by minimizing human error, reducing labor costs, and setting new standards for productivity and safety. By taking over repetitive tasks from humans, AGVs cut down on workplace injuries caused by overexertion or human error. Let’s dive in!

Materials Handling 78

Materials Handling Material Savings Supply Chain Software Cost Reduction 78

Logistics Viewpoints

MARCH 20, 2024

Siemens has 100,000 or even millions of products, and they hope to reduce the environmental impact of these products. The aim is to transform the whole value chain to reduce the environmental footprint of a product. The key is to reduce inputs, increase circularity, and reduce waste.

Industry 116

Industry Resource Reduction Waste Reduction Material Savings 116

GlobalTranz

OCTOBER 3, 2016

The paper presents evidence from 24 top executives running the world’s largest supply chains. The research suggests improved enterprise Digital Supply Chains ( DSC ) can lead to a 20% reduction of procurement costs, a 50% reduction in supply chain costs, and an increase in revenue of 10%.

White Paper 82

White Paper Supply Chain Design Software Supply Chain Software Supply Chain Design 82

Conger

MARCH 22, 2024

In this article, we explore how these AGVs are changing the warehouse industry by minimizing human error, reducing labor costs, and setting new standards for productivity and safety. By taking over repetitive tasks from humans, AGVs cut down on workplace injuries caused by overexertion or human error. Let’s dive in!

Materials Handling 74

Materials Handling Material Savings Supply Chain Software Cost Reduction 74

GlobalTranz

FEBRUARY 27, 2015

As a 3PL who offers a transportation management system we’ve integrated to many ERP software, we view the use of technology as an enablement tool for shippers to cut out unneeded waste and thus add more to the bottom line by saving money from such efficiency. Lower inventory carrying costs. It is providing many positive results.

Manufacturing Procurement 110

Manufacturing Procurement ERP Logistics Network Optimization Software Procurement Solutions 110

Logistics Bureau

AUGUST 7, 2023

Inventory Availability and Cost: Striking a Balance It’s rarely a good idea to think too lean in ecommerce inventory management. The challenge, then, is to strike a balance between sufficient inventory levels to ensure availability and costs that won’t threaten the future of your enterprise. Book a free consultation.

Inventory Reduction 98

Inventory Reduction eCommerce Inventory Procurement Solutions 98

Logistics Bureau

JANUARY 2, 2025

The transition has taken place so swiftly that some companies may still need to fully grasp the present or future possibilities to exploit distribution performance as a competitive advantage. Automated route planning software is improving in effectiveness and costs are coming down.

Logistics Network Optimization Software 75

Logistics Network Optimization Software Optimization Software Optimal Sourcing Logistics 75

Parade

MARCH 3, 2021

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.

Supply Chain Software 78

Supply Chain Software Supply Chain Planning Software Resource Reduction Cost Reduction 78

Parade

MARCH 3, 2021

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.

Supply Chain Software 78

Supply Chain Software Supply Chain Planning Software Resource Reduction Cost Reduction 78

Shipping and Freight Resource

FEBRUARY 4, 2020

digitally transform the business and its strategy. Whether digital or manual, the business of shipping involves a lot of documentation. Or forgetting the minus in -25° C when submitting the shipping documents to the shipping line or port. Now imagine if the temperate of the reefer container temp is set at 0° C instead of 0° F.

Freight 98

Freight Supply Chain Planning Software Supply Chain Design Software Modeling Software 98

Logistics in War

OCTOBER 17, 2019

The hollowness and general inadequacy of the ADF’s logistics support was not a result of any strategy concept or policy including the ‘defence of Australia’ concept outlined in the policy document ‘Defence of Australia 1987’. Defence was compelled by Government to cut its costs.

Resource Reduction 95

Resource Reduction Cost Reduction Operations Military 95

Logistics at MPEPS at UPV

MARCH 8, 2022

A Valencian Start-Up dedicated to developing new technologies to offer 100% green hydrogen at lower costs than what is already in the industry and available to the customer. One of the ideals would be, reducing CO2 emissions. The graph presented below (Figure 1) shows the potential demand for hydrogen: Figure 1.

Resource Reduction 52

Resource Reduction Cost Reduction Material Savings Transportation 52

GlobalTranz

JUNE 18, 2015

This presents opportunities for developing new revenue streams, an exciting challenge to logistics professionals. Quality, service, costs, environmental and legislative issues are strategic issues that must be managed in addition to the operational challenges mentioned above. Need For Reverse Logistics Breeds Opportunity.

Reverse logistics 103

Reverse logistics Optimization Software Logistics Network Optimization Software Transportation 103

Turvo

MAY 11, 2020

According to TruckingInfo , “gross margins and revenues were down for freight brokers in the third quarter of 2019, but cost reductions allowed brokers to stay profitable.” Profit Margin Slippage Presents New Challenges for Freight Brokers Industries across the globe continue to experience shrinking profit margins.

Cost Reduction 55

Cost Reduction Expense Reduction Inventory Reduction Resource Reduction 55

Turvo

JULY 7, 2021

This exponential adaption presents immediate solutions that are both cost-effective and customer-centric. When organizations hold onto outdated technology, high-risk situations present themselves. . The Cloud is More Cost-Effective for Storing Data. Storing data virtually comes with many cost-saving benefits.

Optimization Software 84

Optimization Software Supply Chain Software Logistics Network Optimization Software Supply Chain Technology 84

SYSPRO Smarter ERP

MARCH 14, 2023

The impact of an ERP implementation An ERP implementation project is a considerable discontinuous change that cuts across many functional and process aspects of a business. Documenting what infrastructure changes or upgrades will be needed to support the new software is important.

ERP 105

ERP Optimization Software Optimal Sourcing Procurement Solutions 105