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. trillion by 2030.

Cost Reduction 52

Cost Reduction Supply Chain Planning Software Supply Chain Software Optimization Software 52

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.

Cost Reduction 98

Cost Reduction Expense Reduction Inventory Reduction Price Reduction 98

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.

Price Reduction 90

Price Reduction Cost Reduction Strategy Purchasing Skills 90

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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Cost Reduction Purchasing Skills Waste Reduction Material Savings 116

Logistics Viewpoints

NOVEMBER 19, 2024

Given the many aspects of retail operations outside a business’ control—from supply chain disruptions and labor shortages to inflation and interest rates impacting both operational costs and customer behavior—the fulfillment challenge this peak holiday season is acute.

Cost Reduction 131

Cost Reduction Resource Reduction Price Reduction Vendor Strategies 131

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

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.

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Cost Reduction Purchasing Skills Price Reduction Waste Reduction 81

Blue Grace Logistics

JUNE 27, 2024

Companies across various industries are constantly seeking ways to streamline their operations, reduce costs, and enhance customer satisfaction. One strategy gaining increasing popularity is partnering with third-party logistics providers, commonly known as 3PL partners. Cost control goes beyond simply finding the lowest rate.

Inventory Reduction 110

Inventory Reduction Resource Reduction Cost Reduction Expense Reduction 110

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 73

Logistics Viewpoints

JUNE 29, 2023

Direct spend can be a significant part of the Cost of Goods Sold for an organization. Configure to Order: This strategy involves customizing standard products based on customer specifications. From natural disasters to geopolitical tensions and the ongoing COVID-19 pandemic, supply chains have been significantly impacted.

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Manufacturing Procurement Procurement Analytics Inventory Reduction Material Savings 120

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

Logistics Bureau

NOVEMBER 3, 2024

Again then, it’s not difficult to see how the financial health of a business depends on that of the supply chain, or how probable it is that supply chain costs feature strongly in the demise of many companies that become insolvent. Supply Chain Strategy In 2014, a survey by Tompkins Consortium delivered a shocking revelation.

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Supply Chain Design Software Supply Chain Design Inventory Reduction Cost Reduction 93

Logistics Viewpoints

OCTOBER 11, 2024

Now Let’s Get to the Supply Chain News: Hurricane Helene Disrupts IV Fluid Supply Chain Across Major East Cost Hospitals Hospitals, nursing homes, and dialysis centers across the country are running low on IV fluids after Helene forced a factory in Marion North Carolina, to shut down operations.

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Supply Chain Planning Software Supply Chain Software Vendor Strategies Price Reduction 155

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 118

Cost Reduction Purchasing Skills Expense Reduction Inventory Reduction 118

Locus

MAY 2, 2023

Consumers also had certain expectations around safety standards and fulfillment, which meant that Jüsto needed to find new and more efficient ways of carrying out end-to-end fulfillment to meet their expectations. To date, it has also been able to reduce its delivery costs by 66%.

Cost Reduction 52

Cost Reduction Price Reduction Purchasing Skills Logistics Network Optimization Software 52

Logistics Manager

DECEMBER 10, 2018

The white paper, Shortening the Last Mile found that the major urban trends all create various challenges in terms of cost, service impact and organizational strain. The post DHL Study Helps Develop New Strategies For the Last Mile appeared first on Logistics Manager.

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Inventory Reduction Cost Reduction Study Strategy 73

Ship Monk

FEBRUARY 16, 2023

Offering the preferred, faster 2-Day shipping option could eat away at your profit if you support the cost entirely. Over 50% of online shoppers stated they’d abandoned baskets at some point due to delivery costs. Check out these six tips for reducing 2-Day shipping costs now! That’s a problem for ecommerce brands.

Cost Reduction 52

Cost Reduction Negotiating Skills Inventory Reduction Purchasing Skills 52

Locus

MAY 15, 2023

According to a study, 55% of consumers prefer to buy directly from brands, and a further 40% of shoppers say they will purchase from a D2C brand in the next five years. Brands need to adopt the latest supply chain and last-mile logistics solutions to make the D2C model a successful business strategy.

Cost Reduction 52

Cost Reduction Procurement Solutions Strategy Supply Chain Planning Software 52

Logistics Bureau

MAY 30, 2022

Our three pillars (or fundamentals) of great supply chain management excellence are strategy, service, and cost. Aligning strategy, service, and financial factors in your supply chain operation is essential to support your company’s overall business strategy , mission, and objectives. The Importance of Alignment.

Inventory Reduction 117

Inventory Reduction Cost Reduction Price Reduction Supply Chain Planning Software 117

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.

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Cost Reduction Resource Reduction Industry Optimization Software 105

Penske Move Ahead

OCTOBER 1, 2024

Shippers and 3PLs are working together to increase efficiency, improve performance and meet the ever-increasing expectations within the supply chain. The full study, which is sponsored by NTT Data and Penske Logistics , is available free of charge at www.3PLStudy.com. 3PLStudy.com. Past publications can also be accessed as well.

Supply Chain Software 49

Supply Chain Software Study Supply Chains 3PL 49

Blue Grace Logistics

AUGUST 10, 2021

Over the last decade, ever since social media and the IoT became common-place mediums, there has been a change in marketing tools and strategies. A more streamlined communication is provided by omnichannel strategies. The crux of the omnichannel approach is to meet the customers where they are.

Expense Reduction 62

Expense Reduction Cost Reduction Strategy Optimization Software 62

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

Stord

NOVEMBER 25, 2024

With a robust B2B and DTC business, The Zero Proof is poised to dominate the non alcoholic beverage market but found they needed a commerce enablement partner to help meet their customer demand. These inefficiencies and errors created time consuming support tickets, increased operational costs, and negatively impacted the consumer experience.

Case Study 60

Case Study Negotiating Skills Optimization Software Study 60

SYSPRO Smarter ERP

JUNE 27, 2022

A meeting between two pioneers during a cocktail party in 1956 turned out to be a defining moment in the world of manufacturing. It goes without saying, that in order for the skills deficit to be reduced significantly, skills development needs to be central to a business digital strategy. We’ve moved slowly in this area.”.

Buyer Training 105

Buyer Training Factories Supply Chain Design Software Meeting 105

GlobalTranz

JANUARY 21, 2015

As a supply chain director, manager, or boss of a multinational corporation, where the supply chain is an integral part of your business, supply chain cost reductions are always at the forefront of your team’s mind. Vendor Managed Inventory Model for Supply Chain Cost Reductions. Complete one-on-one meetings.

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Vendor Strategies Inventory Reduction Cost Reduction Waste Reduction 96

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

Now, That's Logistics

JULY 5, 2023

But here’s the thing: fraud in transportation just keeps rising, and it’s costing trucking companies, shippers, freight brokers, and ultimately consumers roughly $1 billion! The Task Force will meet regularly to fulfill its mission and goals and will continue working closely with the FMCSA to tackle these concerns.

Cost Reduction 145

Cost Reduction Price Reduction Supply Chain Planning Software Supply Chain Software 145

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

The Lean Thinker

JULY 2, 2024

A few weeks later, when overtime costs were climbing they were beaten up over that, and overtime would be shut down, leading everything started to get behind again. Those costs were out of control. These study missions were quite eye-opening for the participants. Elimination of waste: Focus on adding value.

Supply Chain Design Software 397

Supply Chain Design Software Price Reduction Supply Chain Planning Software Optimization Software 397

Logistics Viewpoints

DECEMBER 1, 2022

The only bright note is that shipping costs will be a fraction of what they were over the last several years. Theme 2: Online buying will fuel home delivery growth, challenges and new strategies. 2023 call: Consumers will focus on home delivery performance and retailers will focus on home delivery cost reduction or recovery.

Cost Reduction 131

Cost Reduction Resource Reduction Supply Chain Planning Software Logistics Network Optimization Software 131

Blue Grace Logistics

MARCH 12, 2024

BlueGrace Releases Comic Book Show Submenu Resources The Logistics Blog® Newsroom Whitepaper Case Study Webinars Indexes Search Search BlueGrace Logistics - March 12, 2024 DC Velocity Staff | DC Velocity March 12, 2024 Move over Marvel, BlueGrace Logistics has entered the comic book market.

Logistics Network Optimization Software 74

Logistics Network Optimization Software Meeting Case Study Logistics 74

Logistics at MPEPS at UPV

MAY 5, 2018

PepsiCo, The Problems of a Wrong Distribution Strategy. When a company enters a foreign market, the keys to its success is the distribution strategy, the channels it uses, as well as market know-how and customer knowledge and understanding. Coca – Cola).

Cost Reduction 40

Cost Reduction Strategy Distribution Supply Chain Software 40

Talking Logistics

JULY 5, 2018

For most individuals, surprises can be wonderful—but, as a shipper, you try to avoid them at all costs. Develop a comprehensive truckload strategy so you’re prepared to handle just about anything. Building the right truckload strategy for your business. We have been studying truck freight attributes and strategies since 2006.

Price Reduction 60

Price Reduction Expense Reduction Waste Reduction Cost Reduction 60

Penske Move Ahead

OCTOBER 2, 2023

Shippers and third-party logistics companies are forming strategic partnerships and working together to improve decision-making, manage costs and increase agility. The study, which was released Oct. Despite the importance of data sharing, the process can have its challenges, including integration, data standard issues and costs.

Study 55

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

Logistics Business Magazine

APRIL 26, 2024

Reducing pollutant emissions in the shipping industry can be achieved by using clean, alternative fuels like liquid ammonia, which requires fail-safe and hermetically tight pumps, writes Thomas Bökenbrink, Lead Product Manager Pumps at LEWA. LEWA’s high-pressure diaphragm pumps meet these requirements.

Cost Reduction 60

Cost Reduction Modeling Software Efficiency Maritime 60

WorkWave

JANUARY 17, 2024

Optimized Route Efficiency Route planning software, on average, can reduce travel distance by 10-15%, resulting in significant fuel savings and reducing carbon emissions. By minimizing travel time and fuel consumption, transportation companies witness improved operational efficiency and cost savings.

Optimization Software 99

Optimization Software Logistics Network Optimization Software Resource Reduction Optimization 99