Log-hub

JANUARY 8, 2025

Thats why its more important than ever to focus on strategies that work and make them part of your plan moving forward. Lets explore the key strategies that can keep your business ahead of the competition in 2025. Make Sustainability a Core Strategy Consumers care more than ever about where their products come from and how theyre made.

Optimal Sourcing 40

Optimal Sourcing Waste Reduction Inventory Reduction Resource Reduction 40

EazyStock

DECEMBER 13, 2020

In a perfect world, supply chain managers would be able to foresee every possible risk and threat to their supply chain and have a strategy prepared to successfully address any challenges when the moment came. Uncertainty is all but guaranteed in 2021 – the best course of action is to mitigate whatever risks you can.

Inventory Reduction 98

Inventory Reduction Sourcing Strategies Supply Chain Planning Software Cost Reduction 98

Logistics Business Magazine

NOVEMBER 13, 2024

“Businesses that scenario plan effectively will stay the course. AI can analyse data from various sources to predict potential disruptions, such as weather events or geopolitical tensions, allowing businesses to take proactive measures.

Inventory Reduction 49

Inventory Reduction Waste Reduction Sourcing Strategies Cost Reduction 49

Logistics Viewpoints

APRIL 6, 2023

This myopic lack of focus on supply risks and product risks for purchasing results in significant process in-efficiencies in the way sourcing, contracting, purchasing, invoicing and payments are done for each of the four categories of the products above since they are handled by different departments or processes.

Optimal Sourcing 98

Optimal Sourcing Manufacturing Procurement Sourcing Strategies Procurement Analytics 98

Logistics Bureau

JULY 21, 2017

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.

Cost Reduction 68

Cost Reduction Inventory Reduction Price Reduction Vendor Strategies 68

Logistics Viewpoints

APRIL 7, 2022

This kind of disruption causes major dislocation in the sources of demand and shifts the centers of gravity for demand, forcing organizations to rethink their supply chain design. Switching to alternate sources of supply or modes of transportation should be considered as appropriate, and such alternates should be activated on a short notice.

Supply Chain Design Software 129

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 129

IoT World Today

MAY 21, 2020

Supply chains will survive COVID-19, of course, but not without interim pain and structural change. Practitioners must develop a data analytics strategy that gives them insight into supply chain aberrations before catastrophe sets in. “If ” Milind Balaji, senior supply chain manager, manufacturing.

Supply Chain Planning Software 145

Supply Chain Planning Software Supply Chain Software Supply Chains Sourcing Strategies 145

FreightWaves SONAR

JANUARY 21, 2021

And of course, it hinges on the ability to understand and maintain consistency in your metrics. . And even worse, many organizations leave freight data on the table by not taking advantage of the massive external data source pools. Of course, profitability losses don’t simply involve an empty trailer.

Data 98

Data Sourcing Strategies Tips Optimal Sourcing 98

FreightWaves SONAR

NOVEMBER 19, 2020

Global supply chains suffer from limited visibility and a general want for supply chain intelligence in carrier sourcing , freight tendering and all other processes. Of course, no disruption comes close to those that have been experienced to date in 2020. Poor supply chain visibility remains a top problem for most supply chains.

Supply Chain Software 105

Supply Chain Software Supply Chains Scenario Planning Sourcing Strategies 105

GlobalTranz

OCTOBER 12, 2016

Science, technology, engineering and mathematics (STEM) skills should be more heavily included into the educational courses of today’s students. Specifically, more manufacturers should offer training courses focused on STEM education to workers in lower-paying, less-intense positions. Implement Sustainable Manufacturing Practices.

Manufacturing Procurement 125

Manufacturing Procurement Buyer Training Waste Reduction Cost Reduction 125

Material Handling and Logistics

FEBRUARY 19, 2018

That’s assuming you’ve got the regulatory background to succeed in that industry, of course, as well as the necessary skills a specific company might be seeking. Another frequently-asked question is: Where are the highest-paying jobs located? Media Image. transactionID. 98376c17-5c8f-4d75-b1a5-1de9afe30443. Printer-friendly version.

Survey 118

Survey Manufacturing Procurement Materials Handling Optimal Sourcing 118

Logistics Viewpoints

FEBRUARY 28, 2023

Omnichannel is a centralized strategy that enables businesses to coordinate, streamline, simplify and speed up fulfillment of orders that have been placed through different channels (online, retail, etc.). So, if an organization has multiple inventory sources (warehouses, stores, drop shipping, Fulfillment by Amazon (FBA), etc.)

Optimal Sourcing 111

Optimal Sourcing Inventory Reduction Sourcing Strategies Vendor Strategies 111

3PL Links

OCTOBER 17, 2023

7 Efficient Strategies to Mitigate Risks in the Supply Chain | Image source: Pexels Issues with suppliers, calamities that occur naturally, data breaches, health issues, or security issues. It is possible to distribute risks and, of course, lessen the effect that a supplier issue could have on production by expanding this base.

Sourcing Strategies 48

Sourcing Strategies Resource Reduction Cost Reduction Supply Chains 48

Logistics Viewpoints

OCTOBER 3, 2022

Labor management systems break the work down into very granular activities, set targets for doing those tasks in an allotted period of time, and measure how workers do against the time standards over the course of the day. And many are adding supplier risk management duties to the sourcing tasks performed by their procurement managers.

Supply Chain Software 138

Supply Chain Software Supply Chains Sourcing Strategies Optimal Sourcing 138

Logistics Bureau

DECEMBER 22, 2024

For this reason, KPIs are essential for any business improvement strategy. Of course, the big challenge in this type of external benchmarking is obtaining the necessary data, since many companies are wary of sharing performance data with potential competitors.

Supply Chains 74

Supply Chains Procurement Analytics Inventory Reduction Purchasing Skills 74

Blue Grace Logistics

NOVEMBER 21, 2023

The decision to opt for frozen products over fresh ones is not just about convenience; it is a calculated strategy to strike a harmonious balance between buyers’ wallets and taste buds. Supply chain professionals in the cold chain space have observed the steady rise of this trend and are ready to heed the call.

Optimal Sourcing 117

Optimal Sourcing Sourcing Strategies Resource Reduction Optimization Software 117

Logistics Viewpoints

JULY 28, 2022

Across the global business ecosystem, sourcing and retaining top talent labor is of utmost importance. The difficulties are pushing companies to come up with creative strategies that help encourage employees to find on-the-job fulfillment. One such tactic is the implementation of robotics and gamification in a warehouse setting.

Supply Chain Design Software 122

Supply Chain Design Software Sourcing Strategies Supply Chain Software Material Savings 122

I.C.E. Transport

NOVEMBER 11, 2021

Buyers in the US look to Lithuania to source everything from chemicals to furniture to machinery. Of course, finding the product you want at the right price gets you only partway toward a successful deal.

Sourcing Strategies 52

Sourcing Strategies Price Reduction Cost Reduction Tips 52

Freightos

OCTOBER 26, 2020

The following is a 5,000 word exploration of Maersk’s strategic shift to end-to-end logistics services, based on open sources. 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

The Logistics Academy

JUNE 1, 2018

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? Source : [link].

Course 40

Course Price Reduction Cost Reduction Sourcing Strategies 40

Logistics Viewpoints

JUNE 20, 2022

Mr. Bailey has worked most of his career at VF – as an industrial engineer in facilities, in strategic sourcing, running offshore operations, and now as the person in charge of the company’s entire supply chain. VFC’s supply chain sourced over 410 million units of apparel, footwear, and accessories in their last fiscal year.

Supply Chain Planning Software 111

Supply Chain Planning Software Supply Chain Software Manufacturing Procurement Supply Chains 111

Logistics Viewpoints

JULY 18, 2022

The company sources goods from 34,000 suppliers out of 30 nations. Products, of course, can be picked up at the branches. It examines the skills of the people on the team, the process, technology, and strategy associated with supply chain design. 22,000 containers move annually through 53 ports. Across the US, Ferguson has 6.5

Supply Chain Design Software 122

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 122

CH Robinson Logistics

JUNE 20, 2019

When I talk to worldwide businesses in Asia, Oceania, North America, or anywhere else, their chief concern is always the same: how do we meet our customers where they are to get them the products and services they want, all while keeping our own business strategy central? How to prioritize supply chain strategy for business expansion.

Sourcing Strategies 48

Sourcing Strategies Vendor Strategies Inventory Reduction Resource Reduction 48

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 125

Material Savings Waste Reduction Resource Reduction Logistics Network Optimization Software 125

Freightos

JULY 23, 2019

This year alone, Maersk has accelerated its direct-to-shipper strategy, digital forwarders have raised massive rounds (like Flexport’s billion-dollar injection), and platforms for forwarders and carriers – big and small – have continued to pop up almost daily, at least that’s how it seems. SOURCE: FREIGHTOS MARKETPLACE.

Digital 103

Digital Logistics Network Optimization Software Freight Sourcing Strategies 103

Logistics Viewpoints

OCTOBER 10, 2022

Risk management solutions scrape data from hundreds of thousands of online & social-media sites, but Autoliv also has access to sources of information that they pay for. They wanted these diverse sources of information pulled together in one central, user-friendly location they call their “garage.” And we are making progress.

Supply Chain Planning Software 119

Supply Chain Planning Software Supply Chain Software Supply Chains Optimal Sourcing 119

Logistics Bureau

JUNE 14, 2021

Of course, the criticality of such elements is the same now as it always was. Those withstanding the supply chain turmoil were the ones with solid risk mitigation strategies and playbooks in place and investment already sunk into supply chain resilience. Prudent implementation of buffer inventories and process-redundancy measures.

Supply Chain Planning Software 85

Supply Chain Planning Software Optimal Sourcing Supply Chains Inventory Reduction 85

Logistics Bureau

MARCH 30, 2020

Until the Coronavirus began wreaking its havoc, global companies could run their supply chains on the assumption that disruptions would be rare and short-lived, and that products should be sourced, produced, and distributed at the cheapest locations to be found, wherever in the world that may be. 3) Shorten Your Supply Chain—Source Locally.

Supply Chain Design Software 64

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 64

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

FreightWaves SONAR

MARCH 4, 2021

The problem: Shipping demand management includes a need to source capacity around the clock Capacity rules when it comes to keeping the supply chain moving and the trucks full. Sourcing capacity and load contracts require the constant attention of management.

Price Reduction 97

Price Reduction Cost Reduction Expense Reduction Waste Reduction 97

FreightWaves SONAR

APRIL 13, 2021

Moreover, Supply & Demand Chain Executive explains , “Developing a point-of-departure strategy for partial and LTL shipments can give small and medium-size businesses delivery costs comparable to the mega shippers. Reap the rewards of LTL freight rates and capacity sources with better data for contract negotiations.

Negotiating Skills 97

Negotiating Skills Optimal Sourcing Sourcing Strategies Data 97

Logistics Viewpoints

JUNE 29, 2021

When you’re ingesting and synthesizing data from dozens or hundreds or millions of sources (as most sophisticated platforms do nowadays), you will see duplicated records, incomplete fields, formatting inconsistencies, different languages, different units of measurement. And better data science leads to better business outcomes for customers.

Data 111

Data Supply Chain Design Software Supply Chain Planning Software Digital 111

GlobalTranz

MARCH 12, 2015

Of course, that is a lofty goal and you may find yourself asking the question: what can I do from a more localized perspective? Source: 21Handshake Blog. Taking The Apprenticeship Model and Notching it up a Few Levels: In short, Get Mutual Buy-in! Why work in a dirty factory when Google is in Ann Arbor right? Twitter Google+.

Manufacturing Procurement 122

Manufacturing Procurement Sourcing Strategies Expense Reduction Modeling Software 122

Logistics Bureau

JANUARY 20, 2025

As youll know, if you follow our blog regularly, Logistics Bureau does a great deal of work related to supply chain strategy development and alignment. As a result, weve discovered that many companies lack a defined and documented supply chain strategy. A company without a supply chain strategy is at a competitive disadvantage.

Inventory Reduction 40

Inventory Reduction Resource Reduction Vendor Strategies Cost Reduction 40

EazyStock

JANUARY 27, 2021

In addition to shorter lead times, lower shipping costs, no tariffs and a typically lower MOQ, domestically-source products usually are higher quality – plus, sourcing domestically can work as an attractive marketing strategy. For domestic suppliers, the opposite is typically the case. Automation.

Supply Chain Software 96

Supply Chain Software Supply Chain Planning Software Inventory Reduction Inventory 96

GlobalTranz

MAY 21, 2015

Everything from sourcing raw materials, manufacturing, to the sales channels which feed supply for a finished product are essential factors. Managers should ensure that a firm’s transportation strategy supports its competitive strategy. This data must be not only present, but also running in harmony over all systems.

Supply Chain Planning Software 100

Supply Chain Planning Software Supply Chain Software Cost Reduction Supply Chains 100

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. More and more enterprises will be focusing on processes like ethical sourcing, reverse logistics, and using green materials in response to public demands.

Supply Chain Planning Software 103

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