EazyStock

AUGUST 21, 2020

For businesses that carry non-perishable goods it’s tempting to order and carry surplus stock to help meet market demand and hit order fulfillment targets. However, holding too much can have a number of negative implications, such as high carrying costs , over-investment in stock and poor cash flow.

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Logistics Business Magazine

OCTOBER 23, 2024

Offering this service presents significant challenges, however, from rising operational costs to balancing customer expectations with profitability. In this article, we explore these hurdles and the strategies businesses can employ to meet growing demand for fast, free shipping while maintaining operational efficiency.

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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.

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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.

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Logistics Business Magazine

OCTOBER 16, 2024

As peak season approaches, logistics professionals encounter a unique set of challenges: managing increased volumes, meeting tighter deadlines, and avoiding costly downtimes, all while upholding sustainability commitments. Equipment breakdowns or excessive maintenance disrupt operations, causing delays and escalating costs.

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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 Viewpoints

MAY 10, 2022

with one of the highest costs of living. To make ends meet, many colleagues also worked second jobs. Many of the best automation solutions do not eliminate headcount. This solution significantly reduced shipping costs by eliminating wasted cardboard and dunnage. These are clear cut benefits.

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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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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.

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Freight Center

MARCH 16, 2021

Nowadays, it’s difficult to tell if your shipping strategy is working for you or against you. With consumer behaviors changing rapidly, it’s more important than ever to continually revise your shipping strategy. Is your shipping strategy costing you customers?

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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. Shippers can move only the inventory they need to meet demand instead of wasting unnecessary time filling a 40-foot container.

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Locus

JUNE 15, 2023

As supply chains move past the uncertainties of 2020, they are met with new challenges while continuing to meet demands for greater efficiency, reduced operational costs and memorable consumer experiences. However, they also need to expand to meet the escalating demands of consumers. Watch Webinar 3. trillion by 2030.

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Ship Monk

SEPTEMBER 14, 2023

If you’re not employing a multichannel sales strategy, you’re clearly missing out. But what, exactly is a multichannel sales strategy, and is it worth the investment? Note that you’ll need to meet special requirements for retail/B2B fulfillment. Unexpectedly large shipping costs are the #1 reason for cart abandonment.

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GlobalTranz

OCTOBER 2, 2017

Shippers need to reevaluate their existing last mile logistics processes and devise an effective last mile logistics strategy that aligns consumer and business expectation. In fact, an effective last mile logistics strategy must consider these nine key points. Planning Is Essential To Have an Effective Last Mile Logistics Strategy.

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Blue Grace Logistics

NOVEMBER 1, 2024

LTL carriers handle multiple shipments from various vendors on a single route, helping save time and reduce costs by maximizing truck space. These enhancements help carriers meet tighter delivery windows and ensure accuracy, enabling them to stay competitive in the fast-paced e-commerce market.

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Locus

JUNE 16, 2023

Customer satisfaction and keeping costs in check rests on optimal last-mile delivery operations. Naturally, the costs of meeting such expectations, especially on the delivery front are also increasing. The biggest challenge that logistics providers face is rising last-mile carrier delivery costs. These include: 1.

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Logistics Viewpoints

NOVEMBER 6, 2024

This integrated approach enables Summit to reduce idle time and fuel wastage, aligning with its goal of net-zero emissions by 2050. ORION has proven essential in reducing travel distances, as well as cutting down on greenhouse gas emissions associated with unnecessary mileage.

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EazyStock

MARCH 14, 2023

The right purchasing and logistics strategies give companies an edge during these unique, uncertain times and, during the return “to normal,” a greater competitive advantage and continued growth. Rapid cost increases, interest rate hikes and reduced demand require more effective inventory management and forecasting attention.

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Logistics Bureau

SEPTEMBER 26, 2018

If you were to tell me that your company had never looked at its supply chain costs and sought to deliver reductions, I would be mightily surprised. On the other hand, if you told me your company hasn’t been able to sustain any progress in supply chain cost reduction, I wouldn’t be surprised at all.

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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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WorkWave

NOVEMBER 6, 2023

In this blog post, we will delve into the intricacies of order management, the role of an Order Management System (OMS), what happens after checkout and how to master your order management strategy with the help of cutting-edge order management systems and order management software. What Is Order Management?

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EazyStock

APRIL 13, 2022

What is a supply chain strategy? A supply chain strategy explains how a company will bring goods into the business and get them out to customers as effectively as possible. Considering every phase in the supply chain, such as sourcing goods, logistics and delivery, the strategy optimizes operations to reduce costs and maximize profits.

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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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Radius Logistics

JULY 17, 2024

One proven method to achieve this is by adopting a Just-In-Time (JIT) inventory strategy. When paired with our expertise and capabilities at Radius Logistics, this approach can lead to significant cost savings and operational efficiencies. This methodology minimizes inventory levels, reduces storage costs, and enhances cash flow.

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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.

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Talking Logistics

MARCH 7, 2023

While improved appointment scheduling for the gate and warehouse is a worthy application of real-time transportation visibility data, estimated time of arrival (ETA) knowledge alone isn’t sufficient to meaningfully improve your operations and their efficiency or reduce operational costs at your facility.

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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. It is important to answer the following questions: What is the goal of developing a data strategy? What are the expected insights?

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20Cube Logistics

APRIL 22, 2022

3PL services can help you save logistic cost and reduce the supply chain complexity. Hence, out-sourcing these services can reduce the load and make logistics cost-effective. They do not need to pay for the whole space which reduces the warehousing costs to a large extent. Public warehousing –shared spaces.

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Logistics Viewpoints

OCTOBER 30, 2023

A network design solution operates by looking at the Total Cost to Serve (TCTS) across a range of fixed and marginal costs. Scenarios are run, and the low-cost network that best meets customer service objectives is selected. These were the easy savings. They came without any changes to the DC network or the 3PL contracts.

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Logistics Bureau

MAY 24, 2019

If you were to tell me that your company had never looked at its supply chain costs and sought to deliver reductions, I would be mightily surprised. On the other hand, if you told me your company hasn’t been able to sustain any progress in supply chain cost reduction, I wouldn’t be surprised at all.

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Blue Grace Logistics

AUGUST 9, 2024

Optimizing Drayage Operations: The Strategic Role of Transloading Search Search Dana Ricksecker - August 9, 2024 Transloading serves as a pivotal strategy for enhancing efficiency, reducing costs, and optimizing logistics in modern supply chain operations. What is Transloading?

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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.

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Logistics Business Magazine

JANUARY 20, 2023

But, how can you drive efficiency, and accuracy whilst saving time in your supply chain with on-time in full strategies? It all comes down to your on-time in full strategies. Your OTIF rate is the percentage of your total orders that meet this benchmark. How can you ensure that you’re succeeding in this area? What is OTIF?

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EazyStock

FEBRUARY 17, 2021

Effective inventory replenishment processes ensure that order fill rates can be achieved while keeping inventory carrying costs under control. Inventory Replenishment Strategies to Boost Profitability. However, businesses are also acutely aware that holding inventory costs money. Both can be very costly.

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Logistics Business Magazine

JULY 25, 2024

FORTNA is one leading automation and software company for the full logistics value chain that is leading the charge by automating brownfield processes to enhance cost savings and efficiencies. FORTNA sits at the cutting edge of warehouse automation to allow for labour costs and efficiencies to be further enhanced.”

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3PL Links

OCTOBER 17, 2023

7 Efficient Strategies to Mitigate Risks in the Supply Chain | Image source: Pexels Issues with suppliers, calamities that occur naturally, data breaches, health issues, or security issues. Additionally, this diversification enables us to look for goods and services with lower costs and higher quality.

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