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. What is Reverse Marketing?

Vendor Strategies 96

Vendor Strategies Inventory Reduction Cost Reduction Waste Reduction 96

Parade

MARCH 3, 2021

Digitize Invoicing to Eliminate Errors and Guard Cash Flow. Whether in packing a freight truck or tracking invoices, wasted time and resources can quickly eat into your margins. And in the example of invoices, the unwieldy process of cross-referencing and auditing means that fraud in the logistics business is all too common.

Supply Chain Software 148

Supply Chain Software Supply Chain Planning Software Resource Reduction Cost Reduction 148

GlobalTranz

OCTOBER 12, 2016

However, manufacturers can work to reduce the overall manufacturing skills gap by following these four steps. Eliminate Gender-Based Inequality. Science, technology, engineering and mathematics (STEM) skills should be more heavily included into the educational courses of today’s students.

Manufacturing Procurement 125

Manufacturing Procurement Buyer Training Waste Reduction Cost Reduction 125

Conger

NOVEMBER 27, 2024

From pallet forks to specialized clamps, these attachments streamline operations, improve safety, and reduce product damage. Note : This type of forklift attachment improves load stability, reduces manual adjustments, and increases efficiency when handling diverse materials. They are also commonly used to maneuver cylinders securely.

Waste Reduction 75

Waste Reduction Material Savings Optimization Software Materials Handling 75

Log-hub

DECEMBER 10, 2024

Businesses can significantly reduce costs by recovering value from returned or unsold goods. Proper recycling and disposal reduce waste and contribute to a positive brand image. This improves efficiency and reduces waste. This transparency reduces any potential confusion and enhances satisfaction.

Reverse logistics 40

Reverse logistics Supply Chain Planning Software Waste Reduction Logistics Network Optimization Software 40

Trinity Logistics

OCTOBER 16, 2020

Addressing global warming and reducing one’s carbon footprint are now primary concerns for many industries. Reducing one’s carbon footprint may not just a noble goal, but an essential one. Reducing the carbon footprint of the logistics sector. Reducing carbon footprint in logistics is not without benefits.

Material Savings 71

Material Savings Waste Reduction Cost Reduction Logistics Network Optimization Software 71

Logistics Bureau

APRIL 3, 2023

If you’re a decision-maker with accountability for your organisation’s entire supply chain, and you’re just starting to think about outsourcing, perhaps to reduce costs or improve service, this post should prove well worth the few minutes it will take you to read it. What Can You Outsource, and What Should You Outsource?

Outsourcing 98

Outsourcing Optimal Sourcing Supply Chain Software Cost Reduction 98

Logistics Bureau

JUNE 15, 2016

Many articles on the topic of supply chain cost reduction have been written, most of which are understandably focused on issues such as inventory levels, network design, process efficiencies and supplier management/relationships. Support for sustainability (reduced waste generation).

Cost Reduction 49

Cost Reduction Material Savings Expense Reduction Waste Reduction 49

Logistics Bureau

JANUARY 7, 2020

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. Supply Chain Strategy. What’s wrong with this picture?

Supply Chain Design Software 111

Supply Chain Design Software Supply Chain Design Inventory Reduction Cost Reduction 111

Logistics Bureau

MAY 31, 2021

Let’s begin with a look at why, in general, retailers with multiple sales channels are more likely to experience difficulties in reducing cost-to-serve. For example: Compared to selling a product in-store, the cost to deliver that same item as a small parcel can be several times higher. High Cost to Serve: It’s an Omnichannel Problem.

Cost Reduction 98

Cost Reduction Purchasing Skills Expense Reduction Inventory Reduction 98

Logistics Viewpoints

AUGUST 19, 2024

In practice, it implies reducing waste to a minimum. In some industries, like electronics, legislation is requiring that electronic waste be reduced. Despite legislation, in 2022, the world generated 62 million metric tons of e-waste, according to the United Nations Global E-waste Monitor.

Waste Reduction 120

Waste Reduction Supply Chain Design Material Savings Waste 120

Logistics Bureau

JUNE 5, 2023

There are ways and means to reduce excess expenditure in fleet operation , and you can separate them roughly into three categories. Consider Downsizing Your Fleet Reducing fleet size might be the most drastic option for cost reduction, but it’s also the one likely to deliver the most significant savings.

Cost Reduction 91

Cost Reduction Purchasing Skills Price Reduction Waste Reduction 91

Logistics Bureau

MAY 22, 2016

The ability to reduce inventory levels is only one of a number of reasons to target cycle times as a way to reduce your working capital needs. The key cycles to target for working capital reduction include: The customer order cycle time. Areas in Which to Target Cycle Time Reductions. Cycles Within Cycles.

Material Savings 53

Material Savings Vendor Strategies Inventory Reduction Cost Reduction 53

Ship Monk

APRIL 19, 2024

Packaging, as we all know, is one of the worst offenders, but it’s also one of the easiest environmental costs to reduce. So, for ecommerce owners who want to reduce their impact on the environment, eco-friendly packaging is a great place to start. of the 35 million tons of plastic waste were recycled in 2018. Where to Start?

Packaging 105

Packaging Waste Reduction Material Savings Inventory Reduction 105

Logistics Bureau

NOVEMBER 6, 2023

Of course, there is no quick and easy way to curb increases in the cost of energy and labour, but now is an excellent time to start thinking about practical ways to reduce energy usage and increase labour productivity and efficiency. There are several possible ways to eliminate this form of energy wastage.

Cost Reduction 98

Cost Reduction Purchasing Skills Waste Reduction Material Savings 98

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 98

Waste Reduction Resource Reduction Supply Chain Design Software Supply Chain Planning Software 98

GlobalTranz

MAY 23, 2017

So now we know what a blog is but why is manufacturing blogging a great idea and not a waste of time: To Help People. Here is an example from one of our clients: Over 4.6 Sit down with your customer facing people like service folks, marketing team members, and of course, salespeople. That’s why you here right, to help people.

Manufacturing Procurement 75

Manufacturing Procurement Blog Waste Reduction Waste 75

GlobalTranz

AUGUST 9, 2016

“ The most dangerous kind of waste is the waste we do not recognize ”: Shigeo Shingo. 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. Try to recognize all of your wastes.

Waste Reduction 53

Waste Reduction Cost Reduction Inventory Reduction Price Reduction 53

GlobalTranz

JULY 8, 2015

And at the end, check out a nice infographic speaking more to reverse logistics strategies and practices. Throughout the course of business, there will be a series of recurring updates for equipment, software, and materials. For example, a returned product may only require rewrapping of exterior for sale to a secondary consumer.

Reverse logistics 110

Reverse logistics Material Savings Cost Reduction Logistics Network Optimization Software 110

Logistics Viewpoints

JULY 12, 2024

Meanwhile, Walmart has aggressively expanded its marketplace of third-party sellers, following a strategy that has enabled Amazon to offer a mind-boggling range of products on its website. Vessels are expected to seek shelter/alter their course to avoid the impacted areas,” Maersk, the world’s No.

Material Savings 122

Material Savings Waste Reduction Resource Reduction Logistics Network Optimization Software 122

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? At that point, each SKU will be taken to any convenient storage location in the warehouse.

Inventory Reduction 75

Inventory Reduction Eliminating Excel in Purchasing Inventory Waste Reduction 75

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 109

Supply Chain Planning Software Logistics Network Optimization Software Cost Reduction Waste Reduction 109

The Lean Thinker

OCTOBER 13, 2020

Here’s an example: Say your plant has a set of rules about how fork trucks are to be operated – speed limits, staying out of marked pedestrian lanes, etc. But in general the operators hurry, cut a corner now and then. To paraphrase Elon Musk, the greatest waste of time is improving something that shouldn’t even exist.

Waste Reduction 397

Waste Reduction Buyer Training Document Production 397

Logistics Bureau

OCTOBER 2, 2016

Supply chain strategy is critical to business success, but is often underestimated in its importance and hence receives less strategic attention than other areas of operation. Supply Chain Strategy. In other words, the majority did not recognise the need for close alignment between supply chain and general business strategies.

Supply Chain Design Software 99

Supply Chain Design Software Supply Chain Design Inventory Reduction Cost Reduction 99

Logistics Bureau

OCTOBER 23, 2016

This is nothing new of course. No retailer or producer for example, wants to be implicated in a consumer health scare resulting from poor quality-management in their supply chain. Things You Need For Fresh Supply Chain Success. Know Your Supply Chain Challenges. It’s always been the case. So how to tackle these challenges?

Supply Chain Design Software 71

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 71

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. If your business is experiencing a persistent reduction in profit margins, analysing your cost to serve is an advisable step in diagnosing the causes. We’ll begin with a look at pricing strategy.

Negotiating Skills 98

Negotiating Skills Purchasing Skills Cost Reduction Analysis 98

Ship Monk

APRIL 28, 2023

In addition to satisfying conscientious consumer demand, eco-friendly efforts can benefit your ecommerce business by reducing waste within your company and improving operational efficiencies. Translation: these ecommerce businesses have operating standards that minimize or reduce negative impact on the planet. We hope you do!

eCommerce 97

eCommerce Waste Reduction How To Material Savings 97

Logistics Bureau

OCTOBER 9, 2023

So, while simplicity of design is a worthwhile goal, investment of time and resources in comprehensive and detailed data analysis can never be a waste. Competitor intelligence: Distribution strategies and network designs of your competitors. It would be folly not to take advantage of data availability and accessibility.

Supply Chain Design Software 98

Supply Chain Design Software Supply Chain Design Distribution Networks 98

Logistics Bureau

JANUARY 2, 2025

When you nail it, everybody wins – your customers get their deliveries on time, your drivers have sensible workdays, and you’re not burning money on wasted mileage. If youre choosing route planning software that integrates with vehicle tracking, you shouldnt let the valuable data go to waste.

Logistics Network Optimization Software 75

Logistics Network Optimization Software Optimization Software Optimal Sourcing Logistics 75

AIMMS

FEBRUARY 3, 2020

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. What’s on the horizon for supply chain professionals?

Supply Chain Planning Software 103

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

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. If you neglect this order you will not only waste budget, but you will also miss out on the true value that social advertising has to offer to your business.

Waste Reduction 58

Waste Reduction Price Reduction Strategy How To 58

Logistics Bureau

OCTOBER 10, 2022

Before we look at the barriers to optimal inventory and the possible ways to eliminate or overcome them, let’s be clear on what inventory optimisation means—because misconceptions do abound. For example, you can optimise for cost, profit, or service, but not for all of them. Wasted time spent resolving stock-out situations.

Inventory Reduction 105

Inventory Reduction Inventory Optimization Modeling Optimization Software 105

Logistics Viewpoints

MAY 20, 2022

We are seeing it now in terms of truck drivers and warehouse workers, and Walmart is an example of a company that has been trying to get ahead of these shortages by offering higher wages and on-the-job perks. Kroger’s foundation is funding food waste research. This shift in strategy has been referred to as “ friend-shoring.”

Supply Chain Design Software 109

Supply Chain Design Software Supply Chain Planning Software Logistics Network Optimization Software Waste Reduction 109

GoShip Blog

APRIL 21, 2019

Green shipping, or sustainable shipping, is a set of activities and initiatives aimed to reduce fuel consumption and gas emissions. Going green can not only contribute to resolving the global environmental issue, but can strengthen the brand image of your company and reduce supply chain costs. What is green shipping?

Waste Reduction 93

Waste Reduction Material Savings Cost Reduction Supply Chain Design Software 93

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 95

Supply Chain Planning Software Modeling Software Optimization Software Logistics Network Optimization Software 95

Logistics Bureau

AUGUST 7, 2023

Any shortfalls in the system will typically result in overselling, leading to stock-outs , and overstocking , which ties up working capital unnecessarily and can result in wasteful obsolescence issues. Standardise and Digitise The key to managing complexity, of course, is to be organised. Book a free consultation.

Inventory Reduction 98

Inventory Reduction eCommerce Inventory Procurement Solutions 98

The Lean Thinker

JANUARY 25, 2024

In this working example, asking the shop floor workforce to fix this problem would be futile. ” Of course the answer was “No.” The shop floor can’t, for example, transition from a push scheduling system to pull on their own. It isn’t about seeing what you could do by removing waste.

Waste Reduction 195

Waste Reduction Ordering Material Savings Cost Reduction 195