GlobalTranz

DECEMBER 11, 2018

Customers expect to get whatever they want, whenever they want, at the prices they want and the ability to change their minds up to the delivery time. This will require an LTL and e-commerce focused shipping strategy. Reduced paperwork errors. Increased accuracy in freight quoting, reducing accessorial or after-the-fact fees.

Price Reduction 54

Price Reduction Waste Reduction Cost Reduction Strategy 54

Log-hub

DECEMBER 10, 2024

Its about efficiency, sustainability, and meeting customer expectations. 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.

Reverse logistics 40

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

Material Handling and Logistics

OCTOBER 30, 2018

Suspicion that digitization will eliminate jobs is not without cause—there is no doubt that certain roles are changing or being eliminated by automation. Procurement helps companies adapt, meet new regulatory requirements and shift supply to optimize an evolving tariff landscape. Now, it can be deemed scary! How do you do that?

Optimal Sourcing 166

Optimal Sourcing Procurement Solutions Procurement Analytics Procurement 166

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

ShipLilly

NOVEMBER 1, 2021

Of course, there are those who have an aggressive business strategy right from the outset. If you take such a strategy, you must have a top-grade marketing strategy to open opportunities for your expansion. For these big brands, the real question is whether they can meet the demands of their customers.

Outsourcing 98

Outsourcing Price Reduction Cost Reduction Resource Reduction 98

FreightWaves SONAR

MARCH 4, 2021

Yes, the need for shipping demand analytics is not new and was echoed in 2013 by Industry Week , “Relying on traditional supply chain execution systems is becoming increasingly more difficult, with a mix of global operating systems, pricing pressures and ever-increasing customer expectations.

Price Reduction 97

Price Reduction Cost Reduction Expense Reduction Waste Reduction 97

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

Blue Grace Logistics

NOVEMBER 21, 2023

a How to Navigate Your Supply Chain During Market Swings Show Submenu Resources The Logistics Blog® Newsroom Whitepaper Case Study Webinars Indexes Search Search BlueGrace Logistics - November 21, 2023 In the realm of ever-fluctuating food prices, a pragmatic revolution is quietly taking place in the shopping carts of budget-conscious consumers.

Optimal Sourcing 117

Optimal Sourcing Sourcing Strategies Resource Reduction Optimization Software 117

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. Again, these are changes that can add to your cost-to-serve, and, during your transition, you might not have had time to look for ways to reduce expenditure. Rework – due to errors.

Cost Reduction 98

Cost Reduction Purchasing Skills Expense Reduction Inventory Reduction 98

Freightos

JUNE 15, 2021

You’ve seen the Suez Canal memes, you know furniture is taking way longer than usual to get to your door, and you may have even heard about Pelotons shipped by air to reduce delivery times. When that stopped, the industry found itself in a crunch and within just months, prices took off by some 400%. Let’s talk freight. . 13, 2021.

Supply Chains 164

Supply Chains Price Reduction Cost Reduction Logistics Network Optimization Software 164

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

WorkWave

JANUARY 20, 2025

WorkWave is at the forefront of developing Analytics & AI tools to help our customers streamline operations, reduce their spend and overcome common yet difficult hurdles in their businesses. By identifying this issue early, the company can replace underperforming equipment, improve job efficiency, and reduce maintenance costs.

Optimization Software 64

Optimization Software Security Data Industry 64

Logistics Bureau

MAY 9, 2016

Is it a good idea to reduce working capital in a supply chain? However, it corresponds to the amount of money you need to keep your supply chain working, so in reality you want to decrease it – without hurting supply chain performance, of course. Levers for Reducing Working Capital. Yes, in general.

Inventory Reduction 55

Inventory Reduction Material Savings Cost Reduction Price Reduction 55

Logistics Bureau

AUGUST 2, 2021

Competitiveness of Pricing. The price you pay your vendors for their products is a significant factor in your company’s ability to compete in its market. However, your company probably procures a wide range of indirect supplies, and this is where pricing can impact your competitive advantage. Supplier Defect Rate.

Procurement Analytics 98

Procurement Analytics Procurement Solutions Optimal Sourcing Procurement 98

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

United World Transporation

JUNE 25, 2020

So, any opportunities to increase fuel efficiency and save money are valued in the industry, and fuel purchase routing is a commonly used strategy by many long-haul truck drivers. PC Miler utilizes a customized pricing model that depends on a user’s requirements, but you can expect to pay $39.95-469.95/month month per user.

Procurement Solutions 98

Procurement Solutions Purchasing Skills Procurement Analytics Purchasing 98

GlobalTranz

SEPTEMBER 17, 2018

Supply chain leaders need to understand why logistics fundamentals will continue to shape e-commerce shipping strategy. Minor improvements in the warehouse management system can help fulfill more orders, but the entire process will fail without a focus on the transportation strategy. What’s Wrong With E-Commerce Shipping Practices?

Resource Reduction 74

Resource Reduction Cost Reduction Expense Reduction Inventory Reduction 74

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. Reverse Logistics allows businesses to recoup a portion of the original purchase price of this equipment.

Reverse logistics 110

Reverse logistics Material Savings Cost Reduction Logistics Network Optimization Software 110

GlobalTranz

JANUARY 5, 2017

Some incentives are reducing UNIT PRICING. Reducing absolute quantities required. Reducing transportation costs by using the optimization of lanes and routes in the transportation management system (TMS). Should gain share be eliminated and moved to a different incentive? More warehouses are using Lean initiatives.

Cost Reduction 66

Cost Reduction Price Reduction Warehousing Waste Reduction 66

Logistics Business Magazine

AUGUST 6, 2021

The use of an international standard improves understanding among all parties involved in transport and eliminates misunderstandings. The Aspion G-Log 2 data logger is the only device in its price class to document the course of a shock or vibration per axis in millisecond increments. Specialist knowledge is no longer necessary.

Data 61

Data Meeting Multimodal transport Cost Reduction 61

FreightWaves SONAR

JANUARY 5, 2021

Carriers simply need to know where to send trucks and the proper freight rating or pricing strategies to use. Recognize that not all loads are as lucrative as meets the eye, letting data do the talking Benchmarking may be the first step, but the next focuses on identifying the less-lucrative loads. Download the White Paper.

Data 88

Data Price Reduction Freight Resource Reduction 88

The Logistics Academy

JUNE 1, 2018

When the International Maritime Organization (IMO) meets in London this week (9 April 2018), the stakes are high. Since then, three official sessions and three intersessional meetings have discussed the challenges and opportunities of tackling GHG emissions from international maritime transport. Setting a common course?

Course 40

Course Price Reduction Cost Reduction Sourcing Strategies 40

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

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? Book Now Let’s talk about your warehouse layout! Book your free consultation.

Inventory Reduction 75

Inventory Reduction Eliminating Excel in Purchasing Inventory Waste Reduction 75

Ship Monk

APRIL 5, 2024

The last time they raised prices? So much attention is paid to negotiating the price of the goods and coordinating the delivery that very little thought goes into the quality of the relationship and how improving it might help you both. Of course, it wouldn’t be a business strategy if there weren’t a couple more acronyms to learn.

Negotiate Pricing 105

Negotiate Pricing Negotiating Skills eCommerce Purchasing Skills 105

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 126

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 126

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

Logistics Bureau

AUGUST 7, 2023

In this article, we’ll look at some of those challenges and explore potential solutions to help you and your IM team meet the burgeoning demand for fast and accurate order fulfilment. So what can you do to ensure your inventory management meets the challenge of multichannel sales? Book a free consultation.

Inventory Reduction 98

Inventory Reduction eCommerce Inventory Procurement Solutions 98

GlobalTranz

FEBRUARY 15, 2017

Expansion of artificial intelligence means more manufacturers and global entities are turning to advanced computer systems and platforms, including transportation management systems-as-a-service (TMSaaS) and software-as-a-service (SaaS) providers, for answers and insight into ways to boost production and reduce inefficiencies.

Modeling Software 74

Modeling Software Cost Reduction Optimization Software Trends 74

Blue Grace Logistics

MARCH 13, 2018

With more business moving to online, you need to be prepared to meet your customers where they are. . 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. Door to Door deliveries. Are trucks secured?

Cost Reduction 48

Cost Reduction Price Reduction 3PL Supply Chain Planning Software 48

MTS Logistics

OCTOBER 14, 2022

Since the beginning of that reform in 1978, world trade has increased in volume greatly, and China’s strategy to be the factory of the world changed the world’s view on production. This era, and its prosperity, encouraged people to invest in the shipping market, resulting in more and more ships being constructed to meet the extreme demand.

Inventory Reduction 92

Inventory Reduction Price Reduction Cost Reduction Purchasing Skills 92

Logistics Bureau

NOVEMBER 12, 2024

It’s also important to document any constraints that will impact your plans to meet those objectives. Of course this stage of planning can become pretty complex, and it will often pay to seek advice from equipment suppliers or even engage a consulting firm to help you develop your storage strategy.

Modeling Software 72

Modeling Software Supply Chain Design Software Supply Chain Planning Software Optimization Software 72

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. At this point, perhaps you’re wondering if we’re suggesting you reduce your service levels to lower the amount of inventory you hold.

Inventory Reduction 105

Inventory Reduction Inventory Optimization Modeling Optimization Software 105

Logistics Viewpoints

FEBRUARY 24, 2022

Sitting in meetings, cleaning equipment, changing batteries, traversing the warehouse or taking breaks. Top brass can better align labor goals to corporate strategies, giving the organization a clear sense of purpose and direction. A modern LMS empowers labor to learn faster, innovate and do more, because the game is clear-cut.

Supply Chain Planning Software 103

Supply Chain Planning Software Waste Reduction Cost Reduction Price Reduction 103

GlobalTranz

SEPTEMBER 26, 2018

This creates a wonderful opportunity for shippers to eliminate the middleman costs by considering the use of less-than-truckload freight options for e-commerce. Of course, the variety of e-commerce sales and products makes this impractical scenario even more far-fetched. retail sales could easily trend upward to 20 percent or more.

Cost Reduction 67

Cost Reduction Expense Reduction Inventory Reduction Resource Reduction 67

Logistics Viewpoints

SEPTEMBER 1, 2023

And when I think of going back to school, I think of a rite of passage that most kids enjoyed: watching the Price is Right on a sick day. Earlier this week, longtime host of the Price is Right, Bob Barker, passed away at the age of 99. UPS reduced July flights by 14 percent from June. The Last Mile Delivery Academy is at 6150 N.

Logistics Network Optimization Software 114

Logistics Network Optimization Software Purchasing Skills Negotiating Skills Price Reduction 114

Now, That's Logistics

FEBRUARY 8, 2022

Many of these supply-side challenges facing builders existed prior to the pandemic but have worsened considerably over the course of the pandemic,” he adds. This, in turn, throttled growth in new construction and reduced the number of homes available on the market. All of these pressures are reflected in the sticker price for lumber.”.

Supply Chain Planning Software 109

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 109