EazyStock

DECEMBER 13, 2020

In a perfect world, supply chain managers would be able to foresee every possible risk and threat to their supply chain and have a strategy prepared to successfully address any challenges when the moment came. Uncertainty is all but guaranteed in 2021 – the best course of action is to mitigate whatever risks you can.

Inventory Reduction 98

Inventory Reduction Sourcing Strategies Supply Chain Planning Software Cost Reduction 98

Logistics Bureau

OCTOBER 26, 2024

Well, as a supply chain consultancy , in our experience many companies begin to face challenges that arise which aren’t easy to resolve internally – but of course that’s a high-level and simplified catchall statement. If developing an effective supply chain strategy was easy, a lot more than 35% of companies would have one.

Supply Chain Planning Software 118

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 118

Logistics Bureau

OCTOBER 4, 2024

Horizontal integration has become the go-to value chain strategy over the last two or three decades, to the point where companies that insisted upon remaining vertical became the outliers in a global field of distributed organisations. This is a good example of how vertical integration does not always have to be achieved by asset ownership.

Supply Chain Planning Software 91

Supply Chain Planning Software Supply Chain Software Supply Chains Material Savings 91

GlobalTranz

AUGUST 24, 2015

However, one of the most important aspects of supply chain strategies is often overlooked: the reverse supply chain (also referred to as reverse logistics ). A reverse logistics strategy provides a path for removing the existing equipment to make way for the next era of equipment in the case of end of life products or new upgrdes.

Price Reduction 97

Price Reduction Resource Reduction Expense Reduction Material Savings 97

Logistics Bureau

NOVEMBER 3, 2024

Of course, it is helpful to have some statistics on hand to validate the statement above. Supply chain strategy is critical to business success, but companies often underestimate its importance and hence pay it less leadership attention than other areas of operation. If you want business success (and who doesn’t?),

Supply Chain Design Software 80

Supply Chain Design Software Supply Chain Design Inventory Reduction Cost Reduction 80

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 113

Inventory Reduction Cost Reduction Price Reduction Supply Chain Planning Software 113

GlobalTranz

NOVEMBER 16, 2016

Yet the majority of companies have not defined a big data strategy, and others are barely starting to notice. . �. As a result, the simplest way of defining a big data strategy must begin with understanding how it will evolve and affect the company. . How to Get Started with Your Big Data Strategy. . Hand-held scanners.

Resource Reduction 91

Resource Reduction Cost Reduction Supply Chain Planning Software Supply Chain Software 91

Logistics Problem Solving

AUGUST 4, 2017

What do you do if your logistics strategy is just not working? While there are ways to reverse course after a faulty strategy is deployed, you must first admit it was faulty. Testing is not only a good idea, it is crucial to developing a logistics strategy. This never happens. Sins of Omission.

Expense Reduction 59

Expense Reduction Cost Reduction Price Reduction Strategy 59

Logistics Viewpoints

OCTOBER 3, 2022

In warehouses, for example, one solution is labor management. Labor management systems break the work down into very granular activities, set targets for doing those tasks in an allotted period of time, and measure how workers do against the time standards over the course of the day. Others burned out and left the profession.

Supply Chain Software 186

Supply Chain Software Supply Chains Sourcing Strategies Optimal Sourcing 186

CH Robinson Logistics

JUNE 20, 2019

When I talk to worldwide businesses in Asia, Oceania, North America, or anywhere else, their chief concern is always the same: how do we meet our customers where they are to get them the products and services they want, all while keeping our own business strategy central? How to prioritize supply chain strategy for business expansion.

Sourcing Strategies 48

Sourcing Strategies Vendor Strategies Inventory Reduction Resource Reduction 48

AIMMS

SEPTEMBER 28, 2020

Insights from Gartner’s Hype Cycle for Supply Chain Strategy, 2020. Gartner’s Hype Cycle for Supply Chain Strategy, 2020 offers some guidance. In the report, you will find capabilities across five categories: technologies, competencies, frameworks, operating model strategies, and organizational models. Firefighting is the norm.

Supply Chain Design Software 166

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 166

Logistics Problem Solving

AUGUST 4, 2017

What do you do if your logistics strategy is just not working? While there are ways to reverse course after a faulty strategy is deployed, you must first admit it was faulty. Testing is not only a good idea, it is crucial to developing a logistics strategy. This never happens. Sins of Omission.

Expense Reduction 48

Expense Reduction Cost Reduction Price Reduction Strategy 48

Logistics Bureau

SEPTEMBER 4, 2023

And, of course, I will also share how knowing your cost-to-serve will help you to solve those all-too-familiar performance gremlins. We’ll begin with a look at pricing strategy. Do You Lack Confidence in Your Pricing Strategies? It’s unlikely, however, that the effects of your pricing strategies are quite that simple.

Negotiating Skills 90

Negotiating Skills Purchasing Skills Cost Reduction Analysis 90

SYSPRO Smarter ERP

JUNE 27, 2022

Of course, robotics does not tell the full story, as the world of manufacturing has evolved even further over the last few decades, with the rise of data and smart, autonomous systems. Take for example the implementation for an ERP system. The aim of this technological advance was to simply augment and enhance human ability.

Buyer Training 105

Buyer Training Factories Supply Chain Design Software Meeting 105

GlobalTranz

FEBRUARY 28, 2018

For example, Tesla plans to build a fleet of 500 autonomous trucks, says Kirsten Korosec of Fortune. Author information Adam Robinson Adam Robinson oversees the overall marketing strategy for Cerasis including website development, social media and content marketing, trade show marketing, email campaigns, and webinar marketing.

Vendor Strategies 57

Vendor Strategies Course Trends Cost Reduction 57

Logistics Viewpoints

FEBRUARY 28, 2022

In the course of updating our annual research on the supply chain planning market , I talked to executives across the industry. Alex Pradhan, Product Strategy Leader John Galt Solutions, told me that “all planning vendors have bold marketing around AI.” Lead times, for example, are a critical form of master data for planning purposes.

Supply Chain Planning Software 178

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 178

ShipLilly

APRIL 7, 2021

For example, by the third week of February 2021, only 943 had been unloaded from ONE Apus. Insurance should be a matter of course and businesses should ensure that they are always up to date. The post Risky Strategies Increase the Rate of Container Losses Amid Transit appeared first on ShipLilly. Keeping Cargo Safe.

Cost Reduction 59

Cost Reduction Expense Reduction Inventory Reduction Resource Reduction 59

Logistics Business Magazine

MAY 22, 2023

It requires the company to examine, and importantly to keep examining, its whole operation, from Board-level strategies and policies down to the individual processes and procedures that govern or affect the delivery of quality in goods and services. Our experience at Bis Henderson Space serves as a good example.

Cost Reduction 63

Cost Reduction Course Warehousing Exercises 63

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? As you can deduce from Amazon’s example, there is no standard for an optimal warehouse layout.

Inventory Reduction 89

Inventory Reduction Eliminating Excel in Purchasing Inventory Waste Reduction 89

Logistics Business Magazine

AUGUST 13, 2024

Investing in Language Training Programmes While technology provides immediate relief, long-term strategies should include investing in language training programmes. Additionally, providing basic language courses for native English speakers to learn key phrases in their colleagues’ languages can foster mutual respect and understanding.

Logistics Network Optimization Software 55

Logistics Network Optimization Software Buyer Training Negotiating Skills Supply Chain Software 55

Logistics Bureau

NOVEMBER 11, 2020

Whereas online courses and programmes were previously managed as a separate entity, they are now an integral part of most academic systems. The study showed that upwards of 30 percent of American students enrolled in at least one online course in 2018. Online courses are the quickest path for a student to obtain a degree.

Supply Chain Planning Software 76

Supply Chain Planning Software Supply Chain Software Buyer Training Training 76

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. Once you are set up you can jump into your strategy and execution. However, it is probably the most important part of your advertising strategy.

Waste Reduction 58

Waste Reduction Price Reduction Strategy How To 58

Logistics Viewpoints

JUNE 6, 2022

Transportation is, of course, a major source of green house emissions. Derek Gittoes, a vice president of supply chain management product strategy at Oracle, said “this is very much an estimate. For example, Oracle is using average emission from a 5-ton truck, or a bulk tanker.

Cost Reduction 151

Cost Reduction Price Reduction Supply Chain Planning Software Scenario Planning 151

Logistics Business Magazine

AUGUST 30, 2023

. “Our position as a global logistics company means we are a driver of intelligent transport solutions, actively shaping the mobility of tomorrow,” says Frank Haas, Head of Corporate Brand Strategy & Communications at Gebrüder Weiss. “Of course, we would like to win the race.

Course 54

Course Transportation Global logistics Efficiency 54

Logistics Viewpoints

SEPTEMBER 6, 2023

Of course, the progress of Amazon Prime over the last decade has leveled the playing field quite a bit. But specificity is sufficient to perform a majority of the routing to the likely final destination (for example, a portion of a postal code such as the three most significant digits). But is it applicable to individual packages?

Inventory Reduction 159

Inventory Reduction Purchasing Skills Cost Reduction Modeling Software 159

FreightWaves SONAR

FEBRUARY 26, 2021

Of course, measuring revenue through the growing demands for both contract and spot freight transportation is never simple addition and subtraction. Of course, tracking overall detention across a carrier’s network can seem overwhelming. Of course, it helps to know how the trends are shaping up over days, weeks and even months.

Trucking 96

Trucking Freight Price Reduction Cost Reduction 96

Logistics Bureau

OCTOBER 12, 2020

Golden Rule #1: Meaningful KPIs Require a Meaningful Strategy. I’ve written many posts on this blog about the importance of having a supply chain strategy aligned with the overall business plan, and why it is a mistake to have misaligned strategies. I’ve also described some of the issues that can arise from such an error.

Supply Chain Software 62

Supply Chain Software Supply Chains Material Savings Sourcing Strategies 62

10xLogistics

DECEMBER 24, 2017

Build the transportation assets yourself - i.e., Amazon's acquisition of planes and doing "power only" where Amazon owns the trailers, are examples of this. The problem with this strategy is the "crunch" is with the power not with the trailer. For example, the final mile portion of XPO was created by XPO acquiring a company called 3PD.

Material Savings 54

Material Savings Logistics Network Optimization Software Strategy Modeling Software 54

Conger

JULY 6, 2023

Develop Your Operator Trainer Course Materials: Per OSHA , the program must include practical (hands-on) training to know whether or not the operator has the required experience. Examples include when the operator has been involved in an incident or near miss, been observed driving in an unsafe manner, or if workplace conditions change.

Buyer Training 52

Buyer Training Training Material Savings Course 52

Forto

JANUARY 10, 2020

And with these factors as your tailwind we think that the following 8 strategies will take your business to the next level. In order to identify suitable cost saving measures, FreightHub offers companies exporting to China the opportunity to review their logistics strategy with our logistics expert. Finding The Best Costs.

Cost Reduction 40

Cost Reduction Price Reduction Sourcing Strategies Strategy 40

Conger

JULY 6, 2023

10 OSHA Forklift Refresher Training Examples How to Choose a Quality Forklift Refresher Training Program Where to Find Forklift Refresher Training Courses Forklift Refresher Training Formats: Online, In-Person, and Hybrid Common OSHA Forklift Refresher Training Requirements Questions What Are OSHA's Forklift Refresher Training Requirements?

Buyer Training 52

Buyer Training Training Material Savings Course 52

Logistics Bureau

NOVEMBER 2, 2020

One way to tell if a CSR programme is simply a marketing strategy is to check the length of the project. Companies have to pursue profits of course, (how else will they stay in business?) Examples of CSR Programmes. It is always helpful to look at some concrete examples when exploring complex topics. Example #1: Lego.

Waste Reduction 113

Waste Reduction Resource Reduction Supply Chain Design Software Supply Chain Planning Software 113

Logistics Viewpoints

JUNE 10, 2021

Leveraging different models of thinking, representing key metrics using data aggregation, exposing real anomalies, and recommending a course of action based on operating models will make businesses smarter. To fully understand our strategy, it is important to understand the differentiation between autonomous and automated.

Supply Chain Planning Software 107

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Logistics Bureau

APRIL 3, 2023

So, for example, outsourcing sales activity is not typically a good idea if yours is a retail sales company. But, of course, what those circumstances are is for you to decide. Improve Inventory Management Will your logistics outsourcing strategy include contract warehousing?

Outsourcing 89

Outsourcing Optimal Sourcing Supply Chain Software Cost Reduction 89

Logistics Business Magazine

JULY 6, 2022

Of course, with global energy prices soaring, the commercial incentive for operating in an environmentally conscious way has never been greater. For example, as part Combilift’s drive to help customers achieve their aims of more sustainable operations, over 60% of the company’s output is now electric.

Supply Chain Planning Software 63

Supply Chain Planning Software Supply Chain Design Software Manufacturing Procurement Sourcing Strategies 63

FreightWaves SONAR

NOVEMBER 19, 2020

Of course, no disruption comes close to those that have been experienced to date in 2020. Consider this example. However, AI can provide a pathway toward more proactive, responsive management strategies. Consider this example. . Of course, even those capabilities hinge on AI to digest, interpret and act upon data. .

Supply Chain Software 105

Supply Chain Software Supply Chains Scenario Planning Sourcing Strategies 105

Trinity Logistics

MAY 17, 2024

Examples of this can include access to industry research, subscriptions to relevant publications, or budgeting for educational conferences. Be the example and show them how you take on that initiative, and they will likely follow suit. Of course, there’s plenty of time to network included! It’s not just about pats on the back.

Freight 96

Freight Buyer Training Logistics Network Optimization Software Resource Reduction 96