10xLogistics

MARCH 24, 2013

First, it is interesting that "flawless execution" does not get the respect it deserves and if you dedicate your life to this you are somehow working on something "less" than strategy. The top performers deal with strategy and all others deal with the day to day execution - or so the top consultants will say.

Vendor Strategies 54

Vendor Strategies Cost Reduction Strategy Availability 54

Logistics Bureau

NOVEMBER 12, 2024

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. Identify Bottlenecks : Pinpoint areas where operations slow down or become inefficient, and develop strategies to address these issues.

Modeling Software 77

Modeling Software Supply Chain Design Software Supply Chain Planning Software Optimization Software 77

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 66

Cost Reduction Inventory Reduction Expense Reduction Price Reduction 66

Talking Logistics

FEBRUARY 27, 2019

Operational excellence, of course. They built the frontend customer-facing system themselves, but chose to buy the backend TMS that enabled them to be faster to market, yet was agile and supported by a vendor that was willing to partner with them. What do shipper’s look for in a logistics partner? The benefits.

Vendor Strategies 60

Vendor Strategies Price Reduction Logistics Network Optimization Software Modeling Software 60

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 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 89

Inventory Reduction Eliminating Excel in Purchasing Inventory Waste Reduction 89

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 89

Outsourcing Optimal Sourcing Supply Chain Software Cost Reduction 89

GlobalTranz

DECEMBER 2, 2014

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. The mantra for all transportation professionals is simple and holds true no matter the holidays or peak seasons: reduce costs and increase customer satisfaction levels.

Cost Reduction 86

Cost Reduction Price Reduction Vendor Strategies Resource Reduction 86

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.). It is making use of inventory that is the easiest/fastest to get to the customer, no matter through which channel the order was placed.

Optimal Sourcing 133

Optimal Sourcing Inventory Reduction Sourcing Strategies Vendor Strategies 133

Turvo

MAY 21, 2020

Software vendors built empires on the idea of a single platform that could deliver absolute savings for a set of processes that improved only one aspect of the supply chain, such as management of orders, but not for shipments or vice versa. Yet the idea of collaboration in supply chain systems is at risk.

Optimal Sourcing 52

Optimal Sourcing Inventory Reduction Supply Chain Planning Software Cost Reduction 52

Logistics Bureau

AUGUST 2, 2021

The price you pay your vendors for their products is a significant factor in your company’s ability to compete in its market. Here, we’re talking about all your vendors. Purchase order cycle time is a KPI that measures the elapsed time between raising a requisition request and the transmission of the purchase order to the vendor.

Procurement Analytics 118

Procurement Analytics Procurement Solutions Optimal Sourcing Procurement 118

Freightos

FEBRUARY 28, 2024

Of course, the economic viability of these types of shipments is limited to specific commodities. Despite the higher initial sea freight cost to the United States, this combination can ultimately deliver overall savings of 34 cents per kilogram when compared to Dubai…and a two day reduction in transit time.

Negotiating Skills 62

Negotiating Skills Cost Reduction Price Reduction Vendor Strategies 62

Ship Monk

APRIL 5, 2024

The process involves collecting quantitative and qualitative data concerning vendor-provided goods and services, and analyzing this data for opportunities to improve (or reasons to end) the relationship. Of course, it wouldn’t be a business strategy if there weren’t a couple more acronyms to learn. Regular meetings or reports?

Negotiate Pricing 105

Negotiate Pricing Negotiating Skills eCommerce Purchasing Skills 105

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 123

Supply Chain Design Software Supply Chain Design Inventory Reduction Cost Reduction 123

Logistics Bureau

AUGUST 7, 2023

Standardise and Digitise The key to managing complexity, of course, is to be organised. You’re ordering more stock than you need so you can meet vendor minimum order quantities. The ecommerce logistics practitioner must instead integrate reverse logistics into his or her company’s inventory management strategies and processes.

Inventory Reduction 91

Inventory Reduction eCommerce Inventory Procurement Solutions 91

GlobalTranz

DECEMBER 9, 2015

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. The mantra for all transportation professionals is simple and holds true no matter the holidays or peak seasons: reduce costs and increase customer satisfaction levels.

Cost Reduction 48

Cost Reduction Price Reduction Vendor Strategies Resource Reduction 48

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 117

Cost Reduction Purchasing Skills Expense Reduction Inventory Reduction 117

Logistics Bureau

JANUARY 9, 2019

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. Mini Case Study: Walmart.

Supply Chain Design Software 118

Supply Chain Design Software Supply Chain Design Inventory Reduction Cost Reduction 118

GlobalTranz

FEBRUARY 28, 2018

Freight forwarders will interact with customers online and automate back office procedures to reduce delivery delays and associated costs. The ELD mandate will dramatically reduce the number of hours truckers can drive. The Uberization of Freight Will Redefine Vendor Freight Management. Freight and Trucking Rates Will Evolve.

Vendor Strategies 57

Vendor Strategies Course Trends Cost Reduction 57

GlobalTranz

APRIL 12, 2017

An inbound vendor routing guide is comparable the beating heart of your operation. Creating an effective inbound vendor routing guide is not without its share of challenges. Assess Your Current Inbound Vendor Routing Guide. For example, provide direction for each vendor that comes from a specific area.

Vendor Strategies 48

Vendor Strategies Inbound Cost Reduction Price Reduction 48

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 69

Supply Chain Planning Software Optimal Sourcing Supply Chains Inventory Reduction 69

Logistics Viewpoints

FEBRUARY 28, 2022

Supply chain vendors have been touting their investments in artificial intelligence (AI) for the last several years. In the course of updating our annual research on the supply chain planning market , I talked to executives across the industry. An example of an unexpected occurrence would be a critical piece of machinery breaking down.

Supply Chain Planning Software 180

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 180

Logistics Business Magazine

NOVEMBER 27, 2023

This applies across the board, from how their facilities are constructed, to impacts on land use, hydrology and infrastructure requirements, transport movements generated, and of course how the facility itself is equipped and operated. In practice, things are not quite so clear-cut. How much power is consumed per unit of output?

Supply Chain Software 39

Supply Chain Software Automation Vendor Strategies Material Savings 39

Logistics Viewpoints

AUGUST 22, 2023

That’s when you can course correct in any number of ways that make your business more efficient and your customers happier. And modern, API-first data strategies have vastly improved portability, ensuring data can be easily moved and shared between any cloud and any application. In other words, visibility is an enabler.

Supply Chain Planning Software 121

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 121

Logistics Viewpoints

JUNE 10, 2021

Leveraging different models of thinking, representing key metrics using data aggregation, exposing real anomalies, and recommending a course of action based on operating models will make businesses smarter. To fully understand our strategy, it is important to understand the differentiation between autonomous and automated.

Supply Chain Planning Software 108

Supply Chain Planning Software Modeling Software Optimization Software Logistics Network Optimization Software 108

Logistics Viewpoints

APRIL 6, 2021

There’s no single formula or guide because every company is different, but here are a few strategies that have proven successful for companies across a range of industries. Companies may have once lived in a world where the competition was scarce, but that was long ago – and your customers know it.

Inventory Reduction 103

Inventory Reduction Vendor Strategies Supply Chain Planning Software Price Reduction 103

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 62

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 62

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 115

Inventory Reduction Inventory Optimization Modeling Optimization Software 115

3PL Links

OCTOBER 19, 2022

Define your returns management strategy: Analyze how effective returns management could help you lower expenses, enhance customer service, and even boost revenue. As said so eloquently by the CEO of a major online art retailer: “Our strategy is to process returns promptly, while striving to keep them to a minimum.”

Reverse logistics 62

Reverse logistics Procurement Solutions 3PL Vendor Strategies 62

GlobalTranz

JULY 6, 2017

Additionally, robotics can help reduce the workload on employees. This pairs well with omnichannel sales strategies as well. All vendors should know their responsibilities, as defined by the inbound freight management guide. Proper training reduces delays caused from temporary workers not understanding how your facility runs.

Optimization Software 69

Optimization Software Vendor Strategies Tips Distribution 69

Locus

MARCH 13, 2024

Now with an outsourced fleet, retailers cannot track the performance of these carriers and have to rely on whatever the third party tells them and of course time of delivery. Timely and accurate notifications can enhance customer satisfaction and reduce the volume of customer service inquiries regarding order status.

How To 52

How To Cost Reduction Vendor Strategies Inventory Reduction 52

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.

eCommerce 97

eCommerce Waste Reduction How To Material Savings 97

GlobalTranz

NOVEMBER 17, 2016

The most common complaint of newer companies using big data analytics capabilities tends to revolve around traditional questions of business strategy. Consider the following elements explains John Richardson of Inbound Logistics, that impact business strategy. Increasing order efficiency. Demand forecasts. The quantity of each product.

Supply Chain Design Software 115

Supply Chain Design Software Supply Chain Software Procurement Solutions Supply Chain Design 115

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. You are not just buying a piece of software.

ERP 105

ERP Modeling Software Tips Procurement Solutions 105

Logistics Viewpoints

JUNE 20, 2022

To accomplish this, 10,000 supply chain associates worked with 450 global vendors who operate over 600 factories. Achieving agility with a strategy to sell goods in the same region they are produced in, “has never been more important,” Mr. Bailey exclaimed. That of course, works to VF’s advantage as well.

Supply Chain Planning Software 142

Supply Chain Planning Software Supply Chain Software Manufacturing Procurement Supply Chains 142

GlobalTranz

SEPTEMBER 1, 2017

As a result, warehouse managers must implement waveless picking strategies, such as order streaming, to gain control over inventory flow and push warehouse efficiency forward. Implement Vendor Compliance Programs. Audits are crucial to reducing warehouse problems and improving inventory flow as well.

Inventory Reduction 89

Inventory Reduction Inventory Efficiency Vendor Strategies 89

3PL Links

SEPTEMBER 5, 2016

Improving your warehouse and distribution process isn’t necessarily as easy as it might sound since any course of action needs to take into account variables such as your products, staffing levels, scheduling and third-party vendors. Set Vendor Policies. If you continue to do this, you will reduce the risk of complacency.

Tips 59

Tips Distribution Vendor Strategies Procurement Analytics 59