This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Curtis’ career has taken him through LTL operations – both driver and dock, Weights and Research, pricing, yield management, strategy, sales, and technology. Their flagship course, Understand LTL: Building an LTL Brain , was released in November 2022 and is designed to make LTL less frustrating and intimidating.
Knowing about her blogging side hustle, the executive team allowed her to take on the additional responsibility of the company’s digital marketing initiatives where over the course of 5 years, orchestrated two website redesigns, implemented an inbound marketing initiative, and established a sales outreach plan. 00:36:05] Starting a Podcast.
Knowing about her blogging side hustle, the executive team allowed her to take on the additional responsibility of the company’s digital marketing initiatives where over the course of 5 years, orchestrated two website redesigns, implemented an inbound marketing initiative, and established a sales outreach plan.
A worldwide leader in light and sustainable construction, Saint-Gobain is present in 72 countries with more than 167,000 employees. A press release from October of 2021 stated that solutions sold by the Group over the course of one year result in the avoidance of around 1,300 million tons of CO2 emissions over those product’s lifespan.
At the next Logistics Bureau Free Executive Breakfast (which will take place in August), I’ll be discussing the alignment of supply chain and business strategy along with eight other important levers for supply chain performance improvement. The Failing Kmart Business Strategy. The first Kmart store opened way back in 1962.
We wanted to bring you some quick strategies and tips that can help your holiday shipping woes or at any time of the year where you experience an increase in shipping volumes. Holiday shipping prices for 2014 are pretty similar to what they were last year, only a bit higher. Truckload Holiday Shipping.
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 pricingstrategy.
Operational excellence, of course. The logistics industry has grown so complex, with so many challenges such as regulatory changes, capacity issues, pricing fluctuations, and worsening weather events, that customers are looking for a one-stop shop, backed by assets and technology, to help them navigate the current shipping environment. “A
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.
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). Sometimes Less is More.
When you begin researching Warehouse Management System ( WMS ) software, you’re probably running into some difficulties in the budgeting process because pricing is not always readily available. Transitioning from legacy systems presents hurdles that add to the true cost. SaaS or cloud will also influence this pricing.
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.
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.
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.
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.”
We wanted to bring you some quick strategies and tips that can help your holiday shipping woes or at any time of the year where you experience an increase in shipping volumes. Holiday shipping prices for 2014 are pretty similar to what they were last year, only a bit higher. Truckload Holiday Shipping.
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.
The IMO’s Marine Environment Protection Committee (MEPC) plans to adopt an initial greenhouse gas strategy, the first of its kind for the shipping sector whose annual CO2 emissions are slightly higher than the annual emissions of Germany. Setting a common course?
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.
To come to a sustainable and economically efficient decision, the overall picture must be considered: transport processes, the desired handling performance, the type of vehicles and, of course, the infrastructure of the warehouse. These are currently priced at a factor of 4-5 of a lead-acid battery. Suitability criteria.
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!
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.
Supply chain management objectives can encompass several success factors, including cost reduction, supply chain speed, efficiency, and service improvement. So, for example, if your business competes strongly on price, you might go heavy on the cost-reduction side of supply chain management, setting objectives centered on savings.
This week the Journal of Commerce invited me to advocate for transparency at TPM in a debate where the other side was argued that freight prices will remain private. Other companies, like Uber, Amazon and, of course, Alibaba, are increasing their B2B foothold. So yes, transparency is completely compatible with tiered pricing.
As we collaborate with shippers on new approaches and strategies to reach their goals, we also apply best practices that hold true in any market. 3 insights to improve your truckload or less than truckload (LTL) strategies. . This can dramatically increase efficiency, while reducing costs.
If you’ve ever paid $10 for an Uber ride to the cocktail lounge in the evening and then a “surge priced” $50 for the same distance Uber ride back to your home only a few hours later around closing time, you understand the dynamics troubling shippers in today’s capacity constrained transportation market. Consider the potential savings.
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. You can read the report and see our short webinar on the topic here.
But more blatantly than ever, container liners – and especially Maersk – are on a collision course with the tech companies that provide digital infrastructure for selling goods. Maersk has unabashedly championed vertical integration for years, advocating an “end-to-end” strategy. No end to end-to-end. Amazon as a carrier.
Previous research has shown that tender acceptance rates is correlated to price paid. Those 80% of the loads in 20% of the lanes typically present attributes that the asset carrier community is most interested in. On time pickup (OTP). On time delivery (OTD). Next, researchers looked at freight attributes of shippers.
In addition, customers are continuing to demand lower prices and free shipping. This can include offering like products in package deals, compiling changes in like demographics or sharing information to reduce costs across the scope of both companies’ transportation networks. Be There for Customers After the Sale.
Since retailers already need to deliver items to their stores for replenishment, they can make more efficient use of existing vehicles and reduce transportation costs by delivering items for in-store fulfillment at the same time. To justify the price of square footage, retail locations must now serve as a node in eCommerce fulfillment.
You then set a sales price for that product. Your sales price minus your production cost is your overall profit or margin; at least, before allowing for further expenses. The real value of knowing your Cost to Serve a given customer is to identify opportunities to increase or recover profit, rather than cut losses.
Challenges such as increasing fuel prices, pressure on volumes and the low-profit margins of the sector are rampant. Only those people who have duly completed the advanced traffic management course or its equivalent should write it. It is essential in organizing activities in the transportation industry effectively and efficiently.
We’re setting out on a journey to understand how to transform your dream into reality, navigating legal documents, and NEMT software, hiring competent drivers, and crafting an effective marketing strategy. It includes buying vehicles (ADA compliant, of course), office space utility bills and insurance costs. Plan wisely.
Using a template also ensures consistency across your estimates, helping you to present a professional, cohesive brand to prospects and customers. Business information, including: Business name Address Website Phone number Customer information, including: Name Address Phone number And, of course, the estimate!
In the supply chain articles category it is clear the top ten are all about trends, facts, technology, and of course optimization. Walmart would not have the ability to provide such low prices and have consistent inventory in the over 5,000 stores in the United States and over 1.3 Read the full article here. .
the forklift truck manufacturer which is part of the KION Group, is currently present in 52 countries and pursues the ambitious goal of being successfully represented in 86 markets in the EMEA economic area in the coming years. MV: Of course! MV: Of course, these negotiations are very individual. Baoli EMEA S.p.A. ,
We’re setting out on a journey to understand how to transform your dream into reality, navigating legal documents, and NEMT software, hiring competent drivers, and crafting an effective marketing strategy. It includes buying vehicles (ADA compliant, of course), office space utility bills and insurance costs. Plan wisely.
If so, an increase of around 20% capacity utilisation, from 65% to 85 or 90%, will dramatically reduce the number of shipments, returning millions of dollars in saved freight fees. When you use this transportation mode, you’re paying for the use of the container, and the price is the same no matter how much of the internal space you use.
I am up in Toronto today and tomorrow participating in a course for Transportation and Logistics' professionals. My colleague, Adrian Kumar will be presenting two major sessions, with me adding some support. Consumers pay the price when goods don't move efficiently to store shelves.
To pull off logistics effectively, it takes a lot of expert planning, assembling the right mix of people, communication, working together, and of course, if something goes wrong, contingency planning. 30 and will pay the lowest Thanksgiving price for fuel in five years. Like Thanksgiving, Logistics is no simple undertaking.
If your company has yet to go through such a process, you’re at risk of missing a golden opportunity to reduce logistics costs and improve service with outsourced freight management. You must evaluate the option in detail to know if it presents more pros than cons or vice versa. TMS: Is it the Same as Outsourcing?
When you negotiate freight contracts though, there’s a lot more to consider (and haggle over) than the price per unit/tonne/pallet that you wish to transport. We’ll begin with the single most important thing to keep in mind… Prices play but a small part in overall contract value. What Will Carriers Bring to the Table?
2014 was a dynamic year for shipping and freight, and 2015 might present us with some surprising changes as well. Of course, the best way to manage your insurance costs is to keep your record spotless. Fuel prices are low, and likely to stay that way for much of the year. For decades, globalization has defined the supply chain.
We organize all of the trending information in your field so you don't have to. Join 84,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content