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Bill Catania and Joe Lynch discuss OneRail’s winning strategy for final mile. Bill is the Founder & CEO of OneRail , a leading omnichannel fulfillment solution pairing best-in-class software with logistics as a service that provides dependability and speed to help businesses meet their delivery promise.
Mark Baxa , John Delgado and Joe Lynch discuss supply chain shock waves: strategies for survival and success. FreightPath’s approach integrates a deep understanding of human capital costs and revenue drivers essential for financial success.
Andersen Not many years ago there was a CEO so exceedingly fond of finding the right strategy that he spent all of his money on consultants to tell him what the strategy should be. One day there came two consultants and they said they could craft the most magnificent strategy imagianable. ” But he did not say so.
Case Study | Personal Care Manufacturer How Supply Chain Efficiency Transformed Operations for a Leading Brand A personal care products manufacturer was facing a perfect storm of inefficienciesmanual order processes, lack of visibility into shipments, and a struggle to meet strict compliance standards.
A TMS offers optimization capabilities across multiple modes to improve service levels and reduce freight spend. Below are some transportation strategies for success for suppliers of TMS, TES, and MTS. Coronavirus has changed the outlook for direct-to-consumer commerce, and a TMS is now a critical component of this strategy.
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.
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 costreduction, I wouldn’t be surprised at all.
Case Study: Navigating a Beverage Surge A major beverage company recently faced an unexpected influx of container shipments , nearly tripling their usual volume within weeks. Without a robust logistics strategy, this could have led to warehouse bottlenecks, delayed deliveries, and product spoilage.
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.
Prior to Flock, he played key leadership roles (including Chief Strategy Officer from 2010-2020) at Coyote Logistics – a UPS Company, a leading provider of non-asset based 3PL solutions across North America and Europe. in Industrial & Systems Engineering from Virginia Tech, an M.Eng.
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.
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.
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.
with one of the highest costs of living. To make ends meet, many colleagues also worked second jobs. 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.
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.
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.
In this episode, youll learn: How shifting from outdated systems like EDI to REST APIs is improving efficiency and reducing delays in communication across the supply chain. The power of real-time tracking, giving you accurate, up-to-the-minute information on where your shipments are, eliminating uncertainty for both you and your customers.
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, cuttingcosts, and driving profitability. But how exactly does real-time inventory tracking impact your bottom line?
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.
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.
Companies across various industries are constantly seeking ways to streamline their operations, reducecosts, 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.
In an era where innovation meets necessity, the agricultural and pest management industries are turning their attention skyward. With the ability to deliver targeted treatments, businesses can improve effectiveness while minimizing costs, which is essential in today’s competitive environment.
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.
Additionally, capacity availability has improved, allowing businesses to secure reliable freight options without the extreme cost fluctuations seen in previous quarters. Many businesses are taking a balanced approachavoiding excessive stockpiling while ensuring they can meet potential surges in demand.
In supply chain management, it can represent complex data sets, such as transportation costs, inventory levels, and supplier relationships. Transport and Logistics Matrices are essential for optimizing transport routes and minimizing costs. Below, we delve into key areas where they make a significant impact.
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.
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.
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.
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.
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.
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.
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 costreduction.
Supply chain and finance departments need to work more closely and adopt costing practices that are progressive and focused on informing internal decisions. Supply chain professionals aren’t getting the cost information that they need according to a recent survey from APICS and the Institute of Management Accountants.
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.
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.
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.”.
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?
Retailers such as Walmart have rigorous standards and will only purchase from suppliers who meet these standards. 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
Ryan studied at Texas Tech University, earning a degree in General Studies, and has 3 minors in Psychology, Sociology, and Human Resources Development. To succeed in the transportation and logistics business, 3PLs need to be able to hire and retain the very best talent, while keeping a lid on costs. About Ryan Mann.
By leveraging these technologies, businesses can optimize operations, reducecosts, 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.
Transportation executives are always looking for ways to reducecosts, improve service, satisfy customers, and help their businesses meet their financial and strategic objectives.
A centralized location can reduce last-mile delivery times and associated costs. Case Study: This study focusing on the strawberry supply chain in the U.S. Actionable Tip: Incorporate sustainability goals into your supply chain strategy.
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.
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.
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