3PL Links

OCTOBER 22, 2024

Key Shipping Trends for 2025 Let’s explore the key shipping trends for 2025 and discover practical strategies for logistics providers to implement, ensuring they remain competitive and responsive to these upcoming changes. Studies predict that fuel costs may rise by 10-15% by 2025, making efficient routing a priority for logistics providers.

Cost Reduction 62

Cost Reduction Price Reduction Sourcing Strategies Resource Reduction 62

Log-hub

JANUARY 8, 2025

Thats why its more important than ever to focus on strategies that work and make them part of your plan moving forward. Lets explore the key strategies that can keep your business ahead of the competition in 2025. Make Sustainability a Core Strategy Consumers care more than ever about where their products come from and how theyre made.

Optimal Sourcing 40

Optimal Sourcing Waste Reduction Inventory Reduction Resource Reduction 40

Logistics Viewpoints

MAY 10, 2022

with one of the highest costs of living. In fact, a study by LinkedIn found that 70% of employees would not work at a leading company if it meant they had to tolerate a bad workplace culture. Many of the best automation solutions do not eliminate headcount. These are clear cut benefits.

Vendor Strategies 100

Vendor Strategies Waste Reduction Cost Reduction Optimization Software 100

Logistics Bureau

JANUARY 3, 2025

Transportation options: Costs and lead times for each available transportation mode. Transportation costs: Freight rates, fuel and labour costs, and other transportation expenses. Competitor intelligence: Distribution strategies and network designs of your competitors. Inventory turnover: Inventory turns for each SKU.

Supply Chain Design Software 75

Supply Chain Design Software Supply Chain Design Distribution Networks 75

Logistics Bureau

JULY 18, 2022

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.

Inventory Reduction 98

Inventory Reduction Resource Reduction Vendor Strategies Cost Reduction 98

3PL Links

OCTOBER 29, 2024

Image source: Pexels | How Real-Time Inventory Tracking Can Boost Your Profit in 2025 In today’s fast-moving business environment, real-time inventory tracking has become a critical tool for optimizing operations, cutting costs, and driving profitability. But how exactly does real-time inventory tracking impact your bottom line?

Inventory Reduction 62

Inventory Reduction Optimal Sourcing Inventory Cost Reduction 62

Logistics Bureau

AUGUST 31, 2021

Supply Chain & Logistics case studies are always interesting. Maybe you have some similar examples you can share in the comments? Check out this article related to this topic: 7 Mini Case Studies: Successful Supply Chain Cost Reduction and Management. And it was an easy problem to fix!

Case Study 98

Case Study Supply Chains Study Cost Reduction 98

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 98

Cost Reduction Purchasing Skills Expense Reduction Inventory Reduction 98

Logistics Bureau

SEPTEMBER 4, 2023

Have you conducted a cost-to-serve (CTS) analysis for your enterprise? And that is the sole purpose of cost-to-serve analysis. If you were going to say, “What is a cost-to-serve analysis?” When costs begin to spiral out of control, the result is usually a loss of revenue in proportion to sales.

Negotiating Skills 98

Negotiating Skills Purchasing Skills Cost Reduction Analysis 98

WorkWave

DECEMBER 16, 2024

With the ability to deliver targeted treatments, businesses can improve effectiveness while minimizing costs, which is essential in today’s competitive environment. We will discuss case studies, future trends, and guidelines for businesses considering whether to invest in this cutting-edge technology.

Cost Reduction 52

Cost Reduction Resource Reduction Optimization Software Waste Reduction 52

WorkWave

MARCH 4, 2025

For example , let’s consider a dataset of 100 lawn measurements in a given town. This strategy empowers organizations to make informed decisions that improve marketing efforts, maximize profitability and enhance operational efficiencies. Heres another example.

Resource Reduction 52

Resource Reduction Waste Reduction Optimization Software Data 52

Logistics Viewpoints

JANUARY 31, 2022

If there is a tradeoff between cost and a sustainable project, is the higher cost/less sustainable project ever selected? It increases site productivity, reduces the usage of raw materials by up to 50%, but also leads to a more comfortable building. Is real progress being made? Do green projects have a lower hurdle for approval?

Material Savings 105

Material Savings Cost Reduction Price Reduction Expense Reduction 105

Logistics Bureau

JUNE 5, 2023

If your company operates a distribution fleet, you’ll know that the costs of running trucks for customer deliveries are continually increasing. There are ways and means to reduce excess expenditure in fleet operation , and you can separate them roughly into three categories. It’s a fair question.

Cost Reduction 91

Cost Reduction Purchasing Skills Price Reduction Waste Reduction 91

Logistics Viewpoints

FEBRUARY 19, 2025

International Logistics must find a balance between more economical costs and higher efficiency to meet the needs of different countries. It significantly improves the efficiency and accuracy of business processes while reducing the error and cost of manual operations.

Logistics Network Optimization Software 66

Logistics Network Optimization Software Optimization Software Cost Reduction Logistics 66

Logistics Business Magazine

OCTOBER 25, 2024

Amazon, for example, uses “ Robo-Stow ”, a robotic arm that aids with heavy lifting, reducing physical strain on employees while increasing efficiency. DHL employs predictive analytics to forecast demand and optimize stock levels, allowing the company to reduce inventory costs and meet customer needs. billion annually.

Supply Chain Planning Software 55

Supply Chain Planning Software Optimization Software Logistics Network Optimization Software Supply Chain Software 55

Logistics Bureau

NOVEMBER 6, 2023

Recent studies have shown that among the challenges frustrating warehouse and distribution centre managers this year, rising energy and labour costs are two of the most often cited. We hope the tips and ideas in this article will help you make inroads into warehouse energy and labour cost reduction.

Cost Reduction 98

Cost Reduction Purchasing Skills Waste Reduction Material Savings 98

Material Handling and Logistics

JULY 29, 2018

While studies show that consumers want sustainable products, only 5%-10% will actually pay a price differential for that,” Sheffi says. Cutting energy costs is the poster child for this,” says Sheffi. “In What makes the convergence of these two objectives ideal is that energy is often the largest cost any company incurs.

Sourcing Strategies 133

Sourcing Strategies Cost Reduction Price Reduction Efficiency 133

Shipping and Freight Resource

DECEMBER 1, 2022

The climate change crisis has become a top priority for nations worldwide affecting everyone and all industries and therefore it is no surprise that governments are working to cut carbon emissions wherever possible. What are some of the options available to help reduce the shipping industry’s carbon emissions? Alternative Fuels.

Cost Reduction 106

Cost Reduction Resource Reduction Industry Optimization Software 106

Log-hub

FEBRUARY 12, 2025

By leveraging these technologies, businesses can optimize operations, reduce costs, and make smarter, data-driven decisions. In warehouses, robots use matrices to determine the fastest routes for retrieving and packaging goods, reducing human error and improving efficiency.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Optimal Sourcing 52

GlobalTranz

MAY 6, 2015

Eliminate All Waste in the Supply Chain So That Only Value Remains. o Energy-(Sometimes called the eighth waste): eliminate wasteful energy in the supply chain: minimize electricity, gas, utilities, etc. Reduce Lead Time. Increase Velocity, Throughput and Reduce Variation. o Lead time—excessive wait times.

Supply Chain Planning Software 127

Supply Chain Planning Software Waste Reduction Inventory Reduction Supply Chain Software 127

Logistics Viewpoints

NOVEMBER 20, 2023

Rather than just offering consumers the choice of buying online or buying in the store, a retail omnichannel strategy involves a lot more paths to fulfill an order or to process a return. If growing sales come with much higher fulfillment costs, profitability can take a hit.

Cost Reduction 119

Cost Reduction Expense Reduction Inventory Reduction Modeling Software 119

Logistics Viewpoints

OCTOBER 4, 2021

Dramtatically Reduced Service in Grocery Stores Since Pandemic was Declared. Because of service disruptions – not being able to buy toilet paper, for example – the supply chain has been more discussed than ever before. I look forward to this study every year. Benchmarking the forecasting process is difficult.

Inventory Reduction 108

Inventory Reduction Supply Chain Planning Software Cost Reduction Supply Chain Design Software 108

Blue Grace Logistics

SEPTEMBER 28, 2021

The opportunity cost of choosing the wrong mode of transportation. In a 2021 study by Inbound Logistics, logistics technology providers said that 58% of their shippers were concerned with capacity constraints, triggering 68% of shippers worried about how they were currently optimizing their transportation resources.

Negotiating Skills 118

Negotiating Skills Cost Reduction Capacity Supply Chain Planning Software 118

Ship Monk

SEPTEMBER 14, 2023

According to a study conducted by Harvard Business Review, 73% of retail shoppers use multiple channels to shop. Another study by Retail Dive found that the average engagement rate of marketing campaigns using three or more channels was 18.96% (that’s the average across all channels!) What is a Multichannel Sales Strategy?

Inventory Reduction 64

Inventory Reduction Price Reduction Cost Reduction eCommerce 64

Logistics Bureau

NOVEMBER 15, 2022

Here’s a real-life example. Related articles on this topic have appeared throughout our website, check them out: Cost to Serve – A Smarter Way to Improved Supply Chain Profitability. Cost to Serve at a Glance: 9 Steps to Success & 5 Mistakes to Avoid. An 8-point Guide to Understanding Your Cost to Serve.

Supply Chains 98

Supply Chains Cost Reduction Case Study Webinar 98

WorkWave

JANUARY 20, 2025

WorkWave is at the forefront of developing Analytics & AI tools to help our customers streamline operations, reduce their spend and overcome common yet difficult hurdles in their businesses. Lets explore how AI and BI empower these industries, using specific examples to illustrate their transformative potential.

Optimization Software 64

Optimization Software Security Data Industry 64

Logistics Bureau

JANUARY 7, 2020

Companies with global supply chains—a category which includes a fast-growing number of corporations, medium-sized companies, and even small businesses—can be standing on a cost base of which 90% is attributable to supply chain expenditure. . Supply Chain Strategy. Mini Case Study: Walmart.

Supply Chain Design Software 111

Supply Chain Design Software Supply Chain Design Inventory Reduction Cost Reduction 111

Dedola Global Logistics

JANUARY 14, 2023

Transloading: A Comprehensive Guide With Client Examples . This can be useful for long-distance shipments that require multiple forms of transportation, as it allows for the use of the most cost-effective and efficient routes. Case Studies: DGL’s Successful Transloading Strategies for Clients in Various Industries.

Examples 66

Examples Cost Reduction Expense Reduction Inventory Reduction 66

Logistics Bureau

DECEMBER 22, 2024

A KPI is a practical and objective measurement of progress, either: Towards a predetermined goal, or Against a required standard of performance It might help to think of a KPI as something like an instrument on a car dashboarda speedometer, for example. For this reason, KPIs are essential for any business improvement strategy.

Supply Chains 74

Supply Chains Procurement Analytics Inventory Reduction Purchasing Skills 74

Logistics Bureau

SEPTEMBER 3, 2024

Understanding the cost to supply is as crucial as knowing your cost to serve. It’s about assessing the costs your suppliers incur when delivering to your business, which can significantly impact your strategy, pricing, and overall efficiency. This week we are talking about cost to supply and why it’s so important.

Negotiating Skills 75

Negotiating Skills Cost Reduction Negotiate Pricing Price Reduction 75

Trinity Logistics

JUNE 23, 2023

HVAC contractors and plumbers continue to face supply chain woes like material shortages and rising costs. CONSIDER MODE DIVERSIFICATION Trying different modes of transportation could help you offset your increased costs. Keep an eye on transportation costs across the different modes available.

Supply Chain Planning Software 118

Supply Chain Planning Software Supply Chain Software Material Savings Supply Chains 118

Logistics Bureau

NOVEMBER 14, 2018

Too much leads to resources being monopolised on gathering tons of data and a subsequent risk of “paralysis by analysis” Cost to Serve (CTS) is an approach that helps you avoid both extremes. How Much Does It “Cost to Serve” Your Customer? It costs you a certain amount to make a product. Sales organisation costs.

Purchasing Skills 93

Purchasing Skills Cost Reduction Supply Chain Planning Software Supply Chain Design Software 93

GoShip Blog

FEBRUARY 7, 2023

Over the years, marketing strategies have evolved with the times, the advent of technology, and changes in consumer behavior. Why a Solid Marketing Strategy is Important A marketing strategy refers to a business’s action plan for achieving its short and long-term goals and developing a sustainable competitive advantage.

Waste Reduction 52

Waste Reduction Price Reduction Resource Reduction Expense Reduction 52

AIMMS

MARCH 30, 2020

The examples below show you how to do this in AIMMS SC Navigator Apps, but we encourage you to study these scenarios in the tools you have at your disposal. . Multiple best/worst case scenarios should be run under different demand conditions to study the impact on your supply chain. Study 2: Inspect Demand Trends .

Supply Chain Design Software 139

Supply Chain Design Software Supply Chain Planning Software Scenario Planning Supply Chain Design 139

Blue Grace Logistics

SEPTEMBER 12, 2017

According to the findings from the “26th Annual Study of Logistics and Transportation Trends (Masters of Logistics)”, more companies are beginning to understand that new business models and new competition in the field are changing customer expectations. Cost is, of course, another important aspect of running a successful business.

Cost Reduction 89

Cost Reduction Logistics Network Optimization Software Price Reduction Sourcing Strategies 89

AIMMS

FEBRUARY 26, 2020

Avenues of transport are declining as major cargo airlines, like Cathay Pacific , drastically reduce flights to mainland China and Hong Kong. The study include d firms in the retail, manufacturing and distribution verticals. Let’s explore some example s. . Resilient planning in action .

Supply Chain Planning Software 146

Supply Chain Planning Software Supply Chain Design Software Scenario Planning Supply Chain Software 146

GlobalTranz

JULY 8, 2015

While businesses want to believe moving forward through selling product is the only way to achieve success, reality tells of customer returns, environmental considerations for equipment recycling and reuse, cost management, and the effective management of all the aspects between the three. Cost Management. Environmental Factors.

Reverse logistics 110

Reverse logistics Material Savings Cost Reduction Logistics Network Optimization Software 110