Remove Cost Reduction Remove Examples Remove Trends
article thumbnail

Last Mile Delivery Optimization Strategies for 2025

WorkWave

However, last-mile delivery faces a myriad of challenges, such as traffic congestion, rising costs, and increasing environmental concerns. To address these issues, companies are adopting innovative strategies, including dynamic route optimization, real-time tracking, and even leveraging emerging technologies like drones and blockchain.

article thumbnail

Cost of Warehouse Management System Software

The Logistics of Logistics

Cost of Warehouse Management System Software. Original article: Cost of Warehouse Management System Software. You are Making Significant Logistics Strategy Changes : When you realize that your current WMS cannot support new processes effectively or at all. Wide Range of Options and Costs. Basic WMS Cost Categories.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The Economics of Space Freight: Reducing Costs, Addressing Challenges, and Defining Future Logistics

Logistics Viewpoints

Companies such as Elon Musk’s SpaceX, Jeff Bezos’ Blue Origin, Rocket Lab and others are lowering launch costs, with SpaceX achieving approximately $2,600 per kilogram to Low Earth Orbit (LEO), compared to $18,500 per kilogram during the Space Shuttle era.

article thumbnail

No Supply Chain Strategy? Here’s How to Develop One

Logistics Bureau

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.

article thumbnail

Cost to Serve Analysis—And the Costs of Neglecting It

Logistics Bureau

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.

article thumbnail

7 ways freight tech reduces operations costs and improves profits for carriers

FreightWaves SONAR

Operational costs continue to increase for carriers year to year. Although many carriers have worked diligently towards reducing operational costs and increasing profit margins, there is still work to do for the top for-hire truckload freight carriers to improve. Freight data reduces dwell time and load time.

article thumbnail

Reducing Working Capital in Supply Chains

Logistics Bureau

Is it a good idea to reduce working capital in a supply chain? Current liabilities are typically accounts payable, meaning the money you are due to payout, for example to suppliers. McDonalds, Amazon, Dell, General Electric, and Wal-Mart are examples. Yes, in general. Some other large companies have applied a similar model.