Kane is Able

DECEMBER 9, 2021

But a capacity-at-any-cost strategy is not sustainable – even in the short term. It’s why we went back and updated our idea log on freight cost reduction strategies. Check out our 13 Strategies to Reduce Freight Costs.

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The Logistics of Logistics

MARCH 26, 2021

Developing a Distribution Strategy with Matt McGregor. Joe Lynch and Matt McGregor discuss developing a distribution strategy. Distribution strategy is one of the areas of focus for Matt and the Colliers Real Estate team. Key Takeaways: Developing a Distribution Strategy. Elements of a successful distribution strategy.

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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.

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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?

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GoShip Blog

AUGUST 27, 2024

High shipping costs can really weigh down a business, especially if you move products or materials regularly. For many companies, figuring out how to cut down on shipping costs is a big deal. This spreads the transportation costs among everyone. Getting your freight class right is key, too.

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Cost Reduction Material Savings Negotiating Skills Expense Reduction 40

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.

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Inventory Reduction Resource Reduction Vendor Strategies Cost Reduction 108

Logistics Business Magazine

APRIL 17, 2024

Cost reduction is top of mind for those managing transport and delivery fulfilment operations. See our last Webinar on a similar topic here: Webinar: Improve Delivery Route Management Efficiencies The post Webinar: Driving Change and Reducing Costs in Delivery appeared first on Logistics Business.

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Logistics Viewpoints

FEBRUARY 20, 2024

This article describes how to incorporate simulation techniques into optimization, build a stochastic optimization model, and end up with a more resilient supply chain model. That strategy can lead to thousands of scenarios, and still no number of scenarios will answer all questions. But it has gaps.

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

I.C.E. Transport

APRIL 23, 2024

Container shipping costs can be highly volatile, based on geopolitical and economic conditions globally. Costs can easily and unexpectedly creep upwards, eroding your profit. Shippers, especially small to mid-sized businesses (SMBs), need to use every tool at their disposal to cut ocean shipping expenses.

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Logistics Business Magazine

MAY 16, 2024

What technologies and strategies are available and where can the greatest benefits be achieved? watch: Webinar: Driving Change and Reducing Costs in Delivery The post Webinar: Reducing Fulfilment Costs appeared first on Logistics Business. Access the latest Logistics Business webinar by following this link.

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Cost Reduction Material Savings Webinar Logistics Network Optimization Software 55

MTS Logistics

JUNE 30, 2023

And 52% are looking to consolidate more shipments overall, a strategy for which LCL can play an important role.” ” Below are three ways shippers can use LCL to reduce their costs. Recoup costs and future savings. Bridge the gap with market and mode shifts.

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Cost Reduction Inventory Reduction Waste Reduction Optimal Sourcing 92

Logistics Business Magazine

MAY 16, 2024

What technologies and strategies are available and where can the greatest benefits be achieved? The post Webinar: Reducing Fulfilment Costs appeared first on Logistics Business. Access the latest Logistics Business webinar by following this link.

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Cost Reduction Material Savings Webinar Logistics Network Optimization Software 53

CLX Logistics

MAY 3, 2024

A resilient and agile supply chain strategy is not just a prudent choice—it’s a necessity, especially within the context of chemical supply chains. Challenges in Supply Chain Strategy Planning Designing a resilient and agile supply chain organization is not without its challenges.

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Material Savings Resource Reduction Cost Reduction Sourcing Strategies 76

Locus

JUNE 16, 2023

Customer satisfaction and keeping costs in check rests on optimal last-mile delivery operations. The question then is: how can companies maneuver this intricate, costly maze successfully? Naturally, the costs of meeting such expectations, especially on the delivery front are also increasing. These include: 1.

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Cost Reduction Expense Reduction Inventory Reduction Price Reduction 98

MTS Logistics

OCTOBER 31, 2024

There must be efficient strategies deployed to reduce the spread of pests and different stakeholders must contribute in some way. Depopulating millions of birds came at a staggering cost of $181 million. Addressing the problem of pests being imported and exported in cargo and containers requires a diverse strategy.

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GoShip Blog

DECEMBER 29, 2022

Shipping is a cost neither business owners nor their customers enjoy having to shoulder. Shipping costs often leave the affected parties no choice but to learn how to deal with it. Fortunately, there are effective strategies you can employ to reduce your e-commerce store’s shipping costs.

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Logistics Bureau

NOVEMBER 13, 2024

One element of warehousing that can have a negative impact on supply chain costs is the way in which the space is set out and utilized. How many of the following five inefficiencies do you recognise within your company’s warehouse layout? 5 Ways to Achieve Efficient Warehouse Design: Improve Layout Efficiency & Save Costs!

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Sourcing Strategies Optimal Sourcing Material Savings Cost Reduction 99

FreightWaves SONAR

APRIL 7, 2023

Tailor a mini-bid strategy that plays to your strengths and protects your weaknesses. New technologies have made it possible for shippers to efficiently bid out their freight and mark rates to the market regularly, optimizing networks for the right balance of cost and service.

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MTS Logistics

APRIL 3, 2023

The effects of inflation on the shipping industry were seen in several areas: higher fuel, increased transportation, labor and equipment costs. Despite this, bloated inventories due to reduced consumer demand are still putting pressure on warehouse rates, leading to a new inflation warning for consumers.

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Inventory Reduction Cost Reduction Price Reduction Supply Chains 101

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.

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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. But do you know how to operate your fleet for the maximum economy? The following tips should prove helpful in getting those truck running costs down. It’s a fair question.

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Logistics Business Magazine

FEBRUARY 15, 2023

No matter where we turn, supply chain costs are going up. Depending on the length and severity of the war, the cost of the disruption to the supply chain could cost €242 billion – or in a protracted war scenario, €920 billion. Against this backdrop, improving employee satisfaction and retention can help lower operating costs.

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Cost Reduction Expense Reduction Supply Chain Design Software Price Reduction 57

Trinity Logistics

SEPTEMBER 16, 2021

To make a profit, you need to get your customers the right product at the right time, and for the best cost. If not managed properly, your transportation can cost you substantial money. With costs rising recently, it’s easy to see why the challenge for many companies has been to reduce their transportation costs.

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Cost Reduction Expense Reduction Price Reduction Vendor Strategies 72

CH Robinson Logistics

JULY 13, 2022

The short answer is “yes,” as long as you have a segmented freight portfolio strategy for both the contract market and the spot market. Every business has a responsibility to develop strategies that take advantage of the best market price and service. As you build your strategy, confirm the spot market capacity for specific areas.

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Price Reduction Cost Reduction Strategy Purchasing Skills 90

Amware Logistics and Fulfillment

JANUARY 14, 2021

Actually it is, and if you don’t think so, your company could be missing out on an easy way to trim one of your largest areas of fulfillment center costs – labor. So she found another one instead. No big deal, right?

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Logistics Bureau

SEPTEMBER 19, 2023

It’s not actually about the freight “rate” Sometimes in trying to reduce freight costs, people focus on the wrong things. Related articles on this topic have appeared throughout our website, check them out: 10 Freight Management Mistakes and How to Avoid Them Freight Benchmarking: What Is It?

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Shipsta

MARCH 24, 2022

To ensure your 2022 freight procurement strategy is successful, calculating your costs accurately is vital. However, we’re just a few months into the year, and the market has already experienced some of the biggest shakeups imaginable.

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Cost Reduction Freight How To Procurement 130

AIMMS

JULY 19, 2023

Product segmentation strategies trigger leaders to rethink their supply chain optimization plans, by focusing on cost-efficiency, service, and sustainability. 

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Cost Reduction Optimization Supply Chains Strategy 62

3PL Links

OCTOBER 22, 2024

Image source: Pexels | Shipping Trends for 2025: What Will Change and How to Adapt The logistics industry is continuously evolving, and as we move closer to 2025, businesses will face a range of transformative changes. Studies predict that fuel costs may rise by 10-15% by 2025, making efficient routing a priority for logistics providers.

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Cost Reduction Price Reduction Sourcing Strategies Resource Reduction 62

GoShip Blog

JANUARY 16, 2019

Shippers can benefit from creating a focused shipping strategy to reduce freight costs and increase profitability and efficiency. When it comes to small businesses, a shipping strategy is very important to keep customers happy and satisfied. The second step is ensuring the packaging of your shipment is efficient.

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