Logistics Bureau

DECEMBER 6, 2024

A plan is necessary, possibly based on one of the following strategies. Hidden Opportunities for Supply Chain Cost Reductions Of course hidden costs, if you can find them, mean hidden opportunities. Much depends upon the nature of your supply chain operation of course. Reverse Logistics Strategy 1: Don’t do it!

Reverse logistics 74

Reverse logistics Cost Reduction Vendor Strategies Inventory Reduction 74

Logistics Bureau

MAY 24, 2019

If you were to tell me that your company had never looked at its supply chain costs and sought to deliver reductions, I would be mightily surprised. On the other hand, if you told me your company hasn’t been able to sustain any progress in supply chain cost reduction, I wouldn’t be surprised at all.

Cost Reduction 77

Cost Reduction Inventory Reduction Expense Reduction Price Reduction 77

Logistics Viewpoints

JUNE 6, 2022

Transportation is, of course, a major source of green house emissions. Running more efficient routes, with more fully loaded trucks, saves money and reduces emissions. The desire to improve service, reduce cost, and reduce emissions, is part of the reason their customer Unilever selected their solution.

Cost Reduction 118

Cost Reduction Price Reduction Supply Chain Planning Software Scenario Planning 118

Logistics Bureau

NOVEMBER 29, 2024

So everything in the retailer’s Supply Chain strategy needs to be focused on the customer, and of course the shareholders, that goes without saying. Effective retail supply chain management also helps to manage inventory levels, reduce waste and ultimately customer satisfaction. Price; this needs to be competitive.

Supply Chain Planning Software 75

Supply Chain Planning Software Supply Chain Software Supply Chains Inventory Reduction 75

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 Viewpoints

JANUARY 31, 2022

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. It increases site productivity, reduces the usage of raw materials by up to 50%, but also leads to a more comfortable building.

Material Savings 105

Material Savings Cost Reduction Price Reduction Expense Reduction 105

The Logistics of Logistics

MAY 9, 2022

Ben is VP of Account Management at Loadsmart , which is transforming the future of freight, they leverage artificial intelligence, machine learning and strategic partnerships to automate how freight is priced, booked and shipped. Of course, some of the industry leaders like Loadsmart are delivering these innovations today.

Optimization Software 195

Optimization Software Freight Modeling Software Price Reduction 195

The Logistics of Logistics

JULY 2, 2021

Ben is VP of Account Management at Loadsmart , which is transforming the future of freight, they leverage artificial intelligence, machine learning and strategic partnerships to automate how freight is priced, booked and shipped. Of course, some of the industry leaders like Loadsmart are delivering these innovations today.

Freight 195

Freight Optimization Software Modeling Software Price Reduction 195

The Logistics of Logistics

AUGUST 29, 2022

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.

Digital 370

Digital Logistics Network Optimization Software After-sales Inbound 370

Freightos

SEPTEMBER 26, 2016

Overcapacity Could Be Maersk’s Salvation … and Strategy. These two graphs explain why Maersk is splitting its shipping business, which is reeling from overcapacity; from it’s energy business, which is reeling from low oil prices: As Tolstoy observed, “each unhappy family is unhappy it its own way.”

Cost Reduction 102

Cost Reduction Price Reduction Purchasing Skills Logistics Network Optimization Software 102

FreightWaves SONAR

FEBRUARY 25, 2021

However, the sheer amount of fees applied in the process to price freight for a load can amount to quite a hefty sum. . But knowing what’s happening based on historic, peer and market data can help shippers figure out how carriers price freight loads. ” This means knowing how a carrier or shipper approaches freight pricing.

Negotiating Skills 92

Negotiating Skills Price Reduction Expense Reduction Data 92

Logistics Viewpoints

APRIL 6, 2023

By working closely with suppliers, organizations can improve the quality and reliability of their in-bound supply chains, reduce costs, and increase their overall efficiency. The common goal for all categories of product is that they must be available at the right time, right quantity and right prices.

Optimal Sourcing 98

Optimal Sourcing Manufacturing Procurement Sourcing Strategies Procurement Analytics 98

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

MTS Logistics

APRIL 27, 2020

It is a trick made possible by “derivatives”, contracts in which an agreement is made for future delivery at a predetermined price. If the value falls below this price, the seller earns, and if vice versa, the buyer gains. This introduction is necessary to understand what is happening and why oil prices went below zero.

Price Reduction 69

Price Reduction Purchasing Skills Expense Reduction Cost Reduction 69

Logistics Viewpoints

DECEMBER 6, 2023

Most notable is the extreme volatility in volumes, prices, and disruptions that have occurred. A value below 0 indicates that supply chain capacity is being underutilized, reducing supply chain volatility. Of course, lower rates are great if you are paying for the service and not so positive if you are providing it.

Supply Chain Software 128

Supply Chain Software Supply Chains GEP Price Reduction 128

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

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

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

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

Trinity Logistics

SEPTEMBER 7, 2023

While these tips may not be possible for everyone or every shipment, hopefully, you’ll find one you can start implementing to reduce your freight costs. Experienced shippers know that doing everything they can to compactly pack their freight on pallets will reduce their LTL shipping rates.

Negotiating Skills 127

Negotiating Skills Tips Cost Reduction Price Reduction 127

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. To begin with, you can break even by reducing your costs.

Outsourcing 98

Outsourcing Price Reduction Cost Reduction Resource Reduction 98

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. Furthermore, the process involves sorting, inspecting, and determining the best course of action for each item, which demands significant time and effort.

Reverse logistics 40

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

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

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

Freightos

AUGUST 23, 2023

Visit our Resource Center Weekly highlights Ocean rates – Freightos Baltic Index : Asia-US West Coast prices (FBX01 Weekly) ticked up 1% to $1,936/FEU. Asia-US East Coast prices (FBX03 Weekly) climbed 3% to $2,991/FEU. Europe prices (FBX11 Weekly) fell 5% to $1,708/FEU. America weekly prices increased 7% to $3.81/kg

Price Reduction 117

Price Reduction Resource Reduction Cost Reduction Capacity 117

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

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. Without clear insight into current activity, carriers cannot price loads effectively and will see declines in overall profitability.

Trucking 96

Trucking Freight Price Reduction Cost Reduction 96

WorkWave

JUNE 30, 2021

Of course, there are some benefits—as well as challenges—with this model. You’ll lease each mower to a client who can then determine the most convenient times to run it so that they have a freshly cut look every day. A typical robotic mower suitable for commercial use will typically have a price tag that starts at around $1,300.

Cost Reduction 98

Cost Reduction Expense Reduction Price Reduction Purchasing Skills 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

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. Success here can drive significant revenue opportunity and reduce costs, ultimately greatly increasing the stature of procurement in an organization. How do you do that?

Optimal Sourcing 166

Optimal Sourcing Procurement Solutions Procurement Analytics Procurement 166

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

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

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

FreightWaves SONAR

JANUARY 5, 2021

Carriers simply need to know where to send trucks and the proper freight rating or pricing strategies to use. Of course, it is also critical to apply data across all activities to identify which loads are ripe for the taking. That will go a long way in reducing operating ratios and increasing fleet utilization.

Data 88

Data Price Reduction Freight Resource Reduction 88

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

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

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