Freightos

OCTOBER 26, 2020

Oil prices tanked, cancellations increased and Maersk drilling and supply chain services would run up nearly $2 billion dollars in annual losses. So three months after an executive meeting on June 23rd , an updated strategy was released, tracking a radical shift into a slimmer Maersk, focused on providing end-to-end logistics services.

Logistics Network Optimization Software 134

Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Design Software Price Reduction 134

Logistics Viewpoints

FEBRUARY 17, 2023

The American and Canadian militaries believe that the balloon was for surveillance, while the Chinese government said it was a civilian meteorological research airship that had blown off course. Expanding the smart package initiative will help UPS strengthen its network efficiency as it seeks to reduce costs in a cooling demand environment.

Supply Chain Planning Software 111

Supply Chain Planning Software Logistics Network Optimization Software Cost Reduction Waste Reduction 111

Logistics Viewpoints

APRIL 7, 2022

While the gas prices spiked in early March and have since come down somewhat, ongoing uncertainty has kept prices above historical norms. Now, these shipments are being shifted to ocean and air, radically reducing rail shipments. Increased input costs: Russia is the second largest crude oil supplier in the world.

Supply Chain Design Software 129

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 129

AIMMS

FEBRUARY 3, 2020

This promises to be a very eventful year. Moving past waste, water, and C02 reduction, they have begun searching for renewable energy sources, different forms of packaging, and increased efficiency overall. Pepsi announced that they are aiming to cut 20% of their emissions by 2030 and their U.S. Sustainability on the agenda.

Supply Chain Planning Software 103

Supply Chain Planning Software Supply Chain Software Scenario Planning Supply Chains 103

Turvo

MAY 21, 2020

As reported by Supply Chain Game Changer , “on the supply side.there is less and less room for manufacturers to absorb additional costs as volatile input prices put the squeeze on margins and the marketing investment required to differentiate branded products from private-label competitors continues to rise.”

Optimal Sourcing 52

Optimal Sourcing Inventory Reduction Supply Chain Planning Software Cost Reduction 52

GoShip Blog

MAY 11, 2021

Although it is hard to predict customer behavior and demand right now, analyzing your previous sales and operation strategy may help define mistakes and adapt your strategy to prevent those issues in the coming season. Recent events in the global economy have shown companies that they need to be more flexible and resilient.

Inventory Reduction 89

Inventory Reduction Expense Reduction Price Reduction Freight 89

GlobalTranz

AUGUST 9, 2016

Lean thinking focuses on the elimination of all waste (where waste is defined as any non-value added process) and bringing value to the customer , beyond the customer’s expectations. The are the 8 Rights of Lean Transportation thinking: Right Materials, Right Quantity, Right time, Right Place, Right Source, Right Price, Right Quantity, and.

Waste Reduction 53

Waste Reduction Cost Reduction Inventory Reduction Price Reduction 53

WorkWave

JULY 31, 2019

By pairing a solid organic social content strategy with a full-funnel social advertising strategy, you will gain much greater value and be able to tie efforts to actual ROI. Put this code on every single page of your website and add a lead event tracking code to all of your thank you pages, as well as any other relevant events.

Waste Reduction 58

Waste Reduction Price Reduction Strategy How To 58

Logistics Bureau

DECEMBER 4, 2023

Inventory management is a crucial aspect of supply chain management, and effective strategies can help businesses reduce costs, improve customer service, and increase profits. But what does a great inventory management strategy look like? Amazon did not invent the random storage approach. Book your free consultation.

Inventory Reduction 75

Inventory Reduction Eliminating Excel in Purchasing Inventory Waste Reduction 75

GlobalTranz

MAY 21, 2015

Many manufacturers & retailers have found that they can use state of the art supply chain management to reduce inventory & warehousing costs while speeding up delivery to the end customer. Managers should ensure that a firm’s transportation strategy supports its competitive strategy. Living things are always changing.

Supply Chain Planning Software 100

Supply Chain Planning Software Supply Chain Software Cost Reduction Supply Chains 100

GlobalTranz

JULY 9, 2015

Throughout this time, 3PL transportation management providers have taken advantage of the low-costs of transportation, which further reduced the costs for businesses and manufacturers. Furthermore, you can prepare for the change by understanding what 3PLs can do to help attempt to maintain lower prices of transportation.

Price Reduction 102

Price Reduction Cost Reduction Trucking Resource Reduction 102

Logistics Viewpoints

JUNE 8, 2022

At that time, I wrote about the COVID pandemic, and how similar events occur that elevate the uncertainty of the market. These events make accurate forecasting very difficult. Therefore, spending on consumer nondurables is likely to experience a decline, and shifts to substitute items will likely occur because of price differences.

Scenario Planning 126

Scenario Planning Analysis Events Purchasing Skills 126

Logistics Viewpoints

JULY 9, 2021

During a normal Olympics, millions of spectators flock to venues to watch over 300 events unfold over the course of two-plus weeks. Earlier this week, a resurgent coronavirus forced Japan to declare a state of emergency in the capital that will run throughout the event. Container shipping prices skyrocket. Rob Spilman Jr.,

Logistics Network Optimization Software 104

Logistics Network Optimization Software Price Reduction Supply Chain Planning Software Manufacturing Procurement 104

GlobalTranz

AUGUST 9, 2017

But, shippers who understand the top factors influencing parcel pricing, such as dimensional (DIM) pricing models , they can locate additional savings by eliminating unnecessary costs and maintaining better control over shipping practices. Weight and Dimensional Pricing. Rate Types. Surcharges. Service Charges.

Negotiating Skills 49

Negotiating Skills Price Reduction Cost Reduction Waste Reduction 49

Logistics Bureau

AUGUST 7, 2023

Standardise and Digitise The key to managing complexity, of course, is to be organised. We’ll be pleased to assist you in implementing methods to sense customer demand more accurately, enhancing your ability to optimise inventory levels, reduce stock-outs, reduce carrying costs—and ultimately increase profitability.

Inventory Reduction 98

Inventory Reduction eCommerce Inventory Procurement Solutions 98

WorkWave

AUGUST 10, 2022

These amazing little machines cut your grass into super-fine clippings that become a mulch for your lawn–no more bagging lawn clippings! With the convenience of a robotic mower comes a pretty hefty price tag. Voltage: 18V Mowing area: 4 acres Cutting width: 8.7 inches Cutting incline: 22 degrees Cutting heights: 8 to 2.4

Expense Reduction 98

Expense Reduction Price Reduction Modeling Software Cost Reduction 98

Blue Grace Logistics

MARCH 13, 2018

With capacity being tight these days, partnering with the right 3PL will increases the chances that your time-critical shipments will be delivered on time and at a competitive price. Is there a system in place to alert management when drivers divert course? Door to Door deliveries. Are trucks secured?

Cost Reduction 48

Cost Reduction Price Reduction 3PL Supply Chain Planning Software 48

Logistics Viewpoints

SEPTEMBER 30, 2024

Steve Banker, after a ride along in an autonomous truck from TORC In 2022, Torc Robotics – a provider of autonomous trucks for the middle mile – and Daimler Truck, who is the majority owner of Torc, held an event for journalists and financial analysts at a Torc facility in Albuquerque. That just wasn’t the case five years ago.”

Trucking 118

Trucking Logistics Network Optimization Software Expense Reduction Optimization Software 118

10xLogistics

OCTOBER 9, 2015

If there ever was proof that the entire industry's structure of fuel surcharges is just a bunch of smoke and mirrors, this event proves it. Of course, they do not give you a reduction when the new engines provide better fuel consumption or they use CNG vehicles or any of the other many things that reduce fuel costs.

Price Reduction 48

Price Reduction Cost Reduction Packaging Course 48

Material Handling and Logistics

MAY 22, 2018

But some fast movers have begun taking important steps to improve their agility and reduce their exposure to supply risk. Instead of trying to cut costs silo by silo, these companies take an integrated view of operations (product design, procurement, manufacturing, supply chain management). Procurement: Buy Better, Spend Better.

Supply Chain Design Software 60

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 60

GlobalTranz

MARCH 13, 2015

There are, of course, tactical metrics for accounting functions like viewing open and paid invoices or the ability to identify when shipments are due, but also must include strategic metrics and reports for more in-depth analysis. Every aspect of your shipping will be displayed for you to develop new strategies from.

Logistics Network Optimization Software 95

Logistics Network Optimization Software Transportation Cost Reduction Price Reduction 95

Logistics at MPEPS at UPV

MAY 7, 2023

They are characterized by the retail strategy of adapting products according to the trends dictated by the consumer in the fastest and most efficient way possible, replacing the traditional model in which designers dictated fashion.

Cost Reduction 52

Cost Reduction Resource Reduction Price Reduction Supply Chain Design Software 52

Logistics Viewpoints

JULY 14, 2023

But the change in the US Consumer Price Index released on Wednesday (year-over-year, for June) came in at 3.0 Then yesterday the Producer Price Index for June was released, with a change of only 0.1 Then yesterday the Producer Price Index for June was released, with a change of only 0.1 One tenth on one percent price increase.

Purchasing Skills 98

Purchasing Skills Logistics Price Reduction Events 98

Logistics Business Magazine

JULY 6, 2022

As the environmental impact of supply chain activities is more widely understood, now is the time for supply chain professionals to prioritise sustainability in their logistics plans in order to be both successful and make a positive global impact, says IMHX 2022 Event Director, Rob Fisher.

Supply Chain Planning Software 60

Supply Chain Planning Software Supply Chain Design Software Manufacturing Procurement Sourcing Strategies 60

Freightos

MARCH 27, 2024

I was fortunate to be able to attend again this year, and, though I couldn’t sit in on all the sessions or meetings I would’ve liked, here are my key takeaways: Geopolitical challenges, Red Sea especially Geopolitics were, of course, on people’s minds. But Sea Intelligence’s Alan Murphy thinks rates will settle 1.5-2X

Logistics Network Optimization Software 122

Logistics Network Optimization Software Modeling Software Optimization Software Negotiating Skills 122

Freightos

JULY 11, 2017

Stock Photo from prior event via Alibaba ). Forwarders Are Cutting Cost Of Sale. Researchers, like Drewry, see freight digitalization hitting the sales process first , reducing the cost of sale. Conventional knowledge has it that shippers are driven by price, not by service, when selecting a forwarder.

Purchasing Skills 82

Purchasing Skills Price Reduction Cost Reduction Logistics Network Optimization Software 82

Logistics Business Magazine

JUNE 20, 2022

Of course for many retailers the golden quarter isn’t a single event. Specialist traders may have their own peak events – a random selection from December alone offers English Breakfast Day (2 December), Small Business Saturday (3 December) and Christmas Jumper Day (9 December).

Resource Reduction 61

Resource Reduction Cost Reduction Expense Reduction Material Savings 61

Ship Monk

FEBRUARY 9, 2024

Established companies will have years and years of quantitative data to work with, enabling them to identify trends and better understand the effects that marketing campaigns, pricing, seasonality, and other factors have on their merchandise. Qualitative data is more subjective.

eCommerce 105

eCommerce Operations Inventory Reduction Modeling Software 105

AIMMS

FEBRUARY 3, 2020

This promises to be a very eventful year. Moving past waste, water, and C02 reduction, they have begun searching for renewable energy sources, different forms of packaging, and increased efficiency overall. Pepsi announced that they are aiming to cut 20% of their emissions by 2030 and their U.S. Sustainability on the agenda.

Supply Chain Planning Software 62

Supply Chain Planning Software Supply Chain Software Scenario Planning Supply Chains 62

GoShip Blog

SEPTEMBER 1, 2020

By planning in advance, your company can get the best service for a reasonable price and be sure that your shipments will be delivered on time. Recent events in the global economy have shown companies that they need to be more flexible and resilient. Build relationships with suppliers & carriers.

Expense Reduction 59

Expense Reduction Inventory Reduction Price Reduction Tips 59

LandLink

APRIL 16, 2020

There is also, of course, a high level of uncertainty that comes with a pandemic such as this one, in the form of how long it may last for, what should or could businesses be doing to get through this period, and what happens now or next? Louis are projecting total employment reductions of 47 million — an unemployment rate of 32.1%.

Supply Chain Planning Software 62

Supply Chain Planning Software Price Reduction Supply Chains Course 62

FreightWaves SONAR

JUNE 7, 2023

Even after the long series of contract rate cuts that began in July 2022, transportation managers and supply chain leaders still have a cost-reduction role to play in 2023. The best part is that most shippers are in a position to cut spend without sacrificing the high service levels they’ve finally been able to restore.

Inventory Reduction 52

Inventory Reduction Cost Reduction Price Reduction Optimal Sourcing 52

Freightos

MARCH 23, 2023

In the debrief department, Sea Intelligence’s Alan Murphy shared data confirming that – of course – surging demand was the trigger for the unprecedented ocean situation. But with spot prices well below that level – and still falling – this target is likely unrealistic to most shippers. What just happened???

Price Reduction 62

Price Reduction Inventory Reduction Industry Cost Reduction 62

Logistics Bureau

APRIL 4, 2022

Whether your company is a big or small player in terms of shipping volumes, and regardless of your chosen transportation modes (road, rail, ocean, air), the health of your bottom line depends in no small part on the competitiveness of your freight prices. The answer is to benchmark your freight, of course. What is Freight Benchmarking?

Negotiating Skills 96

Negotiating Skills Logistics Network Optimization Software Purchasing Skills Supply Chain Planning Software 96

Material Handling and Logistics

DECEMBER 6, 2018

For example, technicians will arrive on-site for a break/fix event within two hours of being notified within any 24/7 period. Guidance for the price and configuration for quotes of the pre-landed contract is overseen by one entity (i.e., Optimized budgeting for buyer; converts CapEx to OpEx and reduces number of transactions.

Logistics Network Optimization Software 100

Logistics Network Optimization Software Optimal Sourcing Optimization Modeling Modeling Software 100

Logistics Bureau

SEPTEMBER 25, 2016

Of course, you can set that goal, or rather, that set of goals (because being the best in your business normally means you must beat the competition in a number of disciplines) yourself, but if it’s to exceed that of the very best today, you must know how well the very best is performing. Reduce Your Supply Chain Operating Costs.

Supply Chains 70

Supply Chains Scenario Planning Cost Reduction Waste Reduction 70

Stord

JANUARY 11, 2022

However, the last two years have taught us that this approach simply is not good enough anymore; existing and planned supply chain investments, improvements and overall strategies need to be re-thought. For example, the price of 42# linerboard has gone up 35% in the last 12 months, over the course of 4-5 price increases.

Supply Chain Planning Software 78

Supply Chain Planning Software Supply Chain Software Optimization Software Optimal Sourcing 78