GlobalTranz

MARCH 28, 2017

At the close of 2016, the 21 st Annual Third-Party Logistics Study found the overall use of third-party logistics providers ( 3PLs ) is increasing, but the types of logistics services utilized indicate the industry is entering a shift in how it operates. 3PLs and Shippers Report Positive Partnership Outcomes. 3PLs are changing globally.

Study 75

Study Logistics Network Optimization Software Cost Reduction Resource Reduction 75

Blue Grace Logistics

SEPTEMBER 12, 2017

According to the findings from the “26th Annual Study of Logistics and Transportation Trends (Masters of Logistics)”, more companies are beginning to understand that new business models and new competition in the field are changing customer expectations. Cost is, of course, another important aspect of running a successful business.

Cost Reduction 89

Cost Reduction Logistics Network Optimization Software Price Reduction Sourcing Strategies 89

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

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. In a recent Forrester study, they found the problem to be poor quality data. Now, it can be deemed scary! Foundation, Foundation, Foundation. How do you do that?

Optimal Sourcing 166

Optimal Sourcing Procurement Solutions Procurement Analytics Procurement 166

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

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

GlobalTranz

JUNE 16, 2015

Throughout the course of business, business owners, who may be in the manufacturing, retail, or in another industry, find themselves focusing on innovation. In fact, the annual ChainLink Research Study found innovation to be the top focus for those involved in the manufacturing community. Innovation Reduces Risk to Businesses.

Manufacturing Procurement 101

Manufacturing Procurement Purchasing Skills Price Reduction Supply Chain Design Software 101

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

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

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

NOVEMBER 6, 2023

Recent studies have shown that among the challenges frustrating warehouse and distribution centre managers this year, rising energy and labour costs are two of the most often cited. We hope the tips and ideas in this article will help you make inroads into warehouse energy and labour cost reduction.

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

FLS Transport

MARCH 18, 2021

These laws would classify workers as an “employee” of the company unless that worker performs a service “outside the usual course of the business of the employer.” Produce season to come at a hefty price for shippers. Reduced 2020 traffic gave back drivers billions of hours. And this reduction spared drivers nearly 3.4

Freight 98

Freight Price Reduction Inventory Reduction Cost Reduction 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

WorkWave

NOVEMBER 18, 2019

Additionally, some owners believe that up-charging customers and inflating prices is an effective strategy because it gives the appearance of legitimacy and quality. However, studies have found that this is not the case. If you price your services too high, you can end up driving customers away. Will it be by story?

Price Reduction 53

Price Reduction Material Savings Optimization Software Cost Reduction 53

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 55

Waste Reduction Price Reduction Strategy How To 55

MTS Logistics

DECEMBER 3, 2021

These issues include port lockdowns, container shortages, blank sailings, ships being taken out of service, an overall reduction in shipping capacity, shipping backlogs, truck-driver shortages, port bottlenecks, constant lockdowns in Asia, widespread factory closures, labor shortages and the list goes on. Current Transpacific Market Updates.

Supply Chains 105

Supply Chains Scenario Planning Price Reduction Expense Reduction 105

Talking Logistics

OCTOBER 30, 2018

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.

Optimization Software 74

Optimization Software Supply Chain Software Material Savings Logistics Network Optimization Software 74

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 have proof.

eCommerce 97

eCommerce Waste Reduction How To Material Savings 97

Blue Grace Logistics

MARCH 13, 2018

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. Is there a system in place to alert management when drivers divert course? Door to Door deliveries. Are trucks secured? How many modes?

Cost Reduction 48

Cost Reduction Price Reduction 3PL Supply Chain Planning Software 48

Ship Monk

MAY 20, 2021

In fact, studies show that business plans boost future growth and performance by as much as 30%! Of course, we couldn’t let our entrepreneurial free spirits miss out on those numbers. Those are all fill-in-the-blanks, of course. ??. #6. Marketing Strategy. Unfortunately for the latter, they’re missing out!

How To 96

How To Price Reduction Course Analysis 96

SYSPRO Smarter ERP

NOVEMBER 17, 2021

With a solid business strategy, and a strong foundation of knowledge, you can determine the best course of action for your manufacturing business and take advantage of an ERP system to streamline business processes and maximize profitability. MYTH: Price is the most important selection criteria when choosing an ERP.

ERP 105

ERP Modeling Software Tips Procurement Solutions 105

Freightos

JANUARY 17, 2017

Sluggish global trade, reduced import volumes and record overcapacity showed that the global freight industry is in dire need of change. Take a look at the range in carrier prices for forwarders along one the world’s busiest routes (Shanghai to Long Beach, CA), in a data snapshot from mid-December 2016. ” Market Efficiency.

Freight 18

Freight Price Reduction Supply Chain Design Software Cost Reduction 18

Ship Monk

FEBRUARY 16, 2023

So the question becomes: is it possible to offer 2-Day shipping at an affordable price? In this guide discover the most important things you need to reduce 2-day shipping costs and make offering 2-Day shipping a feasible option for your ecommerce brand. Fast shipping at an affordable price is the solution.

Cost Reduction 52

Cost Reduction Negotiating Skills Inventory Reduction Purchasing Skills 52

Talking Logistics

FEBRUARY 26, 2018

Across every industry, IT strategy is now business strategy. Of course, these new technologies also come with a lot of risks and uncertainties, which is why many companies are taking a “wait and see” approach before investing any time, money, and resources in them. And it’s no secret that technology is fueling that speed.

Supply Chain Software 75

Supply Chain Software Logistics Network Optimization Software Supply Chains Vendor Strategies 75

Dedola Global Logistics

MARCH 17, 2025

Well also highlight how strategic freight management can mitigate these risks, with visuals and testimonial insights to illustrate the risks vs. rewards of a reliable logistics strategy. One study found each delayed or damaged LTL freight shipment cost shippers nearly $2,000 on average when you factor in expediting and claims.

Cost Reduction 52

Cost Reduction Inventory Reduction Expense Reduction Price Reduction 52

Ship Monk

APRIL 26, 2023

A 2020 ecommerce shipping study determined that 27% of shoppers will choose one ecommerce brand over the other based on speed of delivery options. Yes, site design, advertising, branding, and, of course, product design have an impact on customer acquisition. Why 2-Day Shipping Matters In the first two quarters of 2022, the U.S.

eCommerce 98

eCommerce Purchasing Skills Eliminating Excel in Purchasing Procurement Solutions 98

Bringg

MARCH 24, 2021

Packages are getting delayed, shipping carriers have raised prices, and businesses – whether suppliers, wholesalers, or retailers – all feel the burden on their end of the supply chain process. To meet the new demand, companies will have to adjust their operations for greater efficiency, flexibility, and cost reduction.

Optimal Sourcing 62

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Supply Chain Design Software 62

GlobalTranz

JUNE 30, 2017

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. Take Extra Care of B2B Partners.

Manufacturing Procurement 82

Manufacturing Procurement Procurement Analytics After-sales Price Reduction 82

Bringg

AUGUST 5, 2020

Back in 2017, the Click & Collect Retail Consumer Preference Study revealed that nearly one third of shoppers made an online purchase and subsequently picked their order up at a store during the 2016 holiday season. To justify the price of square footage, retail locations must now serve as a node in eCommerce fulfillment.

Trends 118

Trends Modeling Software Optimization Software Optimization Modeling 118

Logistics Bureau

NOVEMBER 14, 2018

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.

Purchasing Skills 93

Purchasing Skills Cost Reduction Supply Chain Planning Software Supply Chain Design Software 93

Ship Monk

FEBRUARY 9, 2024

Established companies will have years and years of quantitative data to work with, enabling them to identify trends and better understand the effects that marketing campaigns, pricing, seasonality, and other factors have on their merchandise. Qualitative data is more subjective.

eCommerce 105

eCommerce Operations Inventory Reduction Modeling Software 105

Logistics Viewpoints

MARCH 1, 2021

But in 2016, Philip Morris International decided to change the course of its history by leading a transformation in the tobacco industry to create a smoke-free future based on products, which while not risk-free—are a better choice for adult smokers than continuing to smoke. That study has now been published. It was predictable.

Supply Chain Design Software 109

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

Logistics Bureau

DECEMBER 7, 2017

And generally they are really expensive missed opportunities—expensive in financial terms, as well as in poor customer service and reduced sales! Cost Reduction. All organisations struggle to reduce costs. So now think about how you can reduce the amount of touches. So we need to get a bit smarter. Think about it now.

Supply Chain Software 45

Supply Chain Software Cost Reduction Supply Chains Expense Reduction 45

GoShip Blog

DECEMBER 22, 2022

Rising diesel prices. While we are already seeing a spike in prices due to Russia’s invasion of Ukraine, there is a chance that prices might rise even higher in the future to curb greenhouse emissions. Automation and AI for Flexible Logistics Strategies. The future, as they say, is green. Cybercriminals ramping up.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Trends Supply Chain Software Price Reduction 52

Blue Grace Logistics

SEPTEMBER 20, 2017

Visibility sets the stage for forming and executing plans, events, and gathering data which can both generate value for the company as well as help to reduce potential risks. Of course there’s more to the story than simply offering a better deal. A better pricing structure was created using data gathered from the company.

Supply Chain Planning Software 59

Supply Chain Planning Software Supply Chain Software Supply Chains Material Savings 59