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.

Inventory Reduction 75

Inventory Reduction Eliminating Excel in Purchasing Inventory Waste Reduction 75

Logistics Viewpoints

DECEMBER 2, 2021

There will be little relief in 2022 unless the factors driving the increased import volumes—a strong economy and the fundamental shift in consumer behavior to purchase more goods and less services—change. Near or re-shoring sourcing strategies will be evaluated to “shorten” supply chains and gain greater control of supply chain performance.

Waste Reduction 141

Waste Reduction Cost Reduction Inventory Reduction Resource Reduction 141

Material Handling and Logistics

JANUARY 23, 2019

A new study released today by the Global E-Commerce Leaders Forum ( GELF) highlights growth and distribution strategies brands and retailers should implement to optimize international e-commerce operations now and in the future. The results address several core decisions that are driving the evolution of organizations today: .

Security 143

Security Cost Reduction Optimization Modeling Survey 143

3PL Links

NOVEMBER 12, 2024

Here are seven proven strategies every supply chain manager should explore to streamline operations, boost efficiency, and drive profitability. Solution: Use data-driven forecasting to predict demand as accurately as possible. Example: Retail giant Zara uses real-time data from its stores to adjust inventory dynamically.

Cost Reduction 62

Cost Reduction Material Savings Supply Chain Software Supply Chain Planning Software 62

SYSPRO Smarter ERP

SEPTEMBER 1, 2022

It’s no secret that manufacturing companies around the world are rethinking their supply chain strategies. With shortages occurring in unexpected sectors and lockdown strategies impacting logistics, companies looked at reshoring to stabilize and strengthen their supply chains.

Manufacturing Procurement 105

Manufacturing Procurement Supply Chain Planning Software Sourcing Strategies Supply Chain Software 105

AIMMS

MAY 4, 2016

Implementing an analytics strategy, and in particular implementing prescriptive analytics, can significantly improve revenues and drive down costs. Getting buy-in agreement and changing your company culture to embrace analytics is often more difficult. IT Data, UI and Test Skills. How do you get buy-in and agreement?

Supply Chain Software 67

Supply Chain Software Eliminating Excel in Purchasing Supply Chains Modeling Software 67

Logistics Viewpoints

JUNE 8, 2023

To remain competitive, retailers and carriers must excel in the crucial last-mile delivery stage. To Build or To Buy Companies looking to implement new or improve existing delivery technology face a crucial decision: should they build an in-house platform or buy an existing solution from a vendor?

Modeling Software 111

Modeling Software Optimization Software Supply Chain Design Software Logistics Network Optimization Software 111

Talking Logistics

FEBRUARY 27, 2019

Operational excellence, of course. But beyond that, shippers today also expect their logistics partners to provide them with technology solutions, timely and accurate data, and business intelligence and analytics capabilities. This allows customers to go to one place to purchase any of our services.

Vendor Strategies 74

Vendor Strategies Price Reduction Logistics Network Optimization Software Modeling Software 74

AIMMS

MAY 4, 2016

Implementing an analytics strategy, and in particular implementing prescriptive analytics, can significantly improve revenues and drive down costs. Getting buy-in agreement and changing your company culture to embrace analytics is often more difficult. IT Data, UI and Test Skills. How do you get buy-in and agreement?

Eliminating Excel in Purchasing 62

Eliminating Excel in Purchasing Supply Chain Software Supply Chains Modeling Software 62

Stord

JULY 1, 2024

A brand’s goal is to maximize order value and repeat purchase rate, while minimizing variable product and shipping costs, optimizing ad costs, and keeping overhead costs low. To achieve this, brands need to have the historical data of every carrier shipping from one specified origin zip code (likely the warehouse) to the destination zip code.

Expense Reduction 78

Expense Reduction Cost Reduction Price Reduction Inventory Reduction 78

UL EHS- Sustainability

OCTOBER 10, 2019

One of the significant challenges our clients battle is winning management buy-in to EHS initiatives when their eyes are laser-focused on the bottom line. For added ammunition, your argument should be supported by measurable data points. But how do you document that mountain of EHS data? How do you get their attention?

Data 12

Data Sourcing Strategies Eliminating Excel in Purchasing Optimal Sourcing 12

Logistics Business Magazine

OCTOBER 26, 2022

Driven by strong organic growth and a strategy of acquisitions to better meet market needs, the RAJA Group has become a key player in the field of business supplies and equipment. The post RAJA shares growth strategy with suppliers appeared first on Logistics Business® Magazine.

Material Savings 59

Material Savings Strategy Manufacturing Procurement Eliminating Excel in Purchasing 59

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. That’s why retailers place so much focus on buying well. For example, buying in large quantities from suppliers, to get a lower unit cost. And they have very different dynamics.

Supply Chain Planning Software 75

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

Logistics Bureau

DECEMBER 24, 2024

Peters and Waterman in their best, sellerIn Search for Excellence identify one of the eight factors of organisational success as sticking to the knitting. Reduction in asset capital.Warehouses and vehicles are expensive to purchase or lease and can tieupmillions of dollars that could otherwise be invested in the core business of the firm.

Outsourcing 52

Outsourcing Warehousing Negotiating Skills Purchasing Skills 52

Now, That's Logistics

NOVEMBER 9, 2021

in 2019, before the pandemic shifted consumer behavior over to buying more online. This shift isn’t expected to wane anytime soon, and it’s forcing shippers to rethink their business strategies as they tackle current challenges and plan for the future. This year, ecommerce will account for 13.4% A Fresh Take on E-fulfillment.

Supply Chain Planning Software 147

Supply Chain Planning Software Supply Chain Design Software Ordering Optimization Software 147

3PL Links

NOVEMBER 26, 2024

This not only improves the customer experience with your brand but also increases the likelihood that they will buy from you again. Imagine a data entry system that automatically checks information, avoiding errors that could lead to wrong orders or customer returns. Customer Satisfaction: Happy customers are the heart of any business.

Supply Chain Software 62

Supply Chain Software Logistics Network Optimization Software Optimization Software Supply Chain Planning Software 62

Logistics Viewpoints

JUNE 9, 2022

Transparent data prepared especially for your logistics operation will get you easily through your peaks. This warehouse runs at a perfect optimum with fixed capital in the form of inventory balanced perfectly with sales and purchasing, and all the items perfectly distributed to the various storage areas of the warehouse.

Logistics Network Optimization Software 119

Logistics Network Optimization Software Optimization Software Supply Chain Planning Software Modeling Software 119

Talking Logistics

APRIL 23, 2019

New supply chain strategies. To meet these needs, supply chain strategies need to focus on “right-size” fulfillment footprints. This strategy can efficiently bring large format goods to residents the way they want and when they want. Managing delivery exceptions for excellent customer experience. An end-to-end approach.

Supply Chain Design Software 111

Supply Chain Design Software Cost Reduction Logistics Network Optimization Software Supply Chain Software 111

Logistics Viewpoints

DECEMBER 1, 2022

Theme 2: Online buying will fuel home delivery growth, challenges and new strategies. In 2023, consumers will be less forgiving and poised to buy from retailers whose delivery performance is commensurate with the rest of the shopping experience. Figure 1: U.S. Container Import Volume Year-over-Year Comparison.

Cost Reduction 120

Cost Reduction Resource Reduction Supply Chain Planning Software Logistics Network Optimization Software 120

Ship Monk

JANUARY 28, 2025

But scaling your operations can be challenging, especially if you’re not equipped with the right strategies and tools. In this blog post, we’ll explore some key strategies for scaling your ecommerce business in 2025. As we embark on a new year, many ecommerce businesses are setting ambitious goals for growth.

Inventory Reduction 52

Inventory Reduction eCommerce Strategy Optimization Software 52

FreightWaves SONAR

NOVEMBER 17, 2020

More freight brokers are turning to technology and transportation data to grow their businesses by understanding the true freight market rate. . It’s not solely about knowing basic rates – it’s about using freight data to make the best decisions for all loads – playing both the buy-side and sell-side aspects of freight brokering.

Data 52

Data Sourcing Strategies Transportation Freight 52

Locus

MAY 15, 2023

According to a study, 55% of consumers prefer to buy directly from brands, and a further 40% of shoppers say they will purchase from a D2C brand in the next five years. They also want excellent service, which includes fast, increasingly on-demand delivery and hassle-free cancellation and returns.

Cost Reduction 52

Cost Reduction Procurement Solutions Strategy Supply Chain Planning Software 52

Freightos

JULY 19, 2017

Phil Coughlin Chief Strategy Officer, Expeditors. Ubiquitous data coupled with machine learning will help forwarders tailor unique offerings for individual customers, driving what Coughlin sees to be operational opportunities, “ Opening up tremendous capacity in operational productivity, visibility and routing optimization.”

Digital 106

Digital Logistics Network Optimization Software Price Reduction Eliminating Excel in Purchasing 106

GlobalTranz

MAY 1, 2018

Data-driven analytics enables you to make cost-effective transportation decisions. However for most shippers, parcel spend is poorly understood because shipping data is often locked up in point solution silos, such as carrier-provided systems and websites, in a variety of different formats. But no longer.

Procurement Analytics 61

Procurement Analytics Optimal Sourcing Data Sourcing Strategies 61

FreightWaves SONAR

JULY 24, 2023

Measuring performance with transportation KPIs and freight data is getting easier. Without excellent and clear communication, these trends will not be identified and acted upon until it is too late. Transportation management depends on historical and real-time data. Think about this.

Cost Reduction 105

Cost Reduction Tips Expense Reduction Supply Chain Planning Software 105

SYSPRO Smarter ERP

AUGUST 2, 2023

From stringent quality standards to comprehensive documentation requirements, Class 1 and 2 manufacturers must navigate a complex landscape to ensure compliance and product excellence. To contend with these pressures, medical device manufacturers crave actionable, real-time, accurate, and reliable data throughout the entire supply chain.

Manufacturing Procurement 98

Manufacturing Procurement Procurement Analytics Optimal Sourcing ERP 98

Logistics Bureau

DECEMBER 23, 2024

The logistics industry has changed over the last decade, with outsourcing emerging as a cornerstone of a modern supply chain strategy. This methodical strategy allows both parties to establish operational rhythms, fine-tune communication channels, and identify potential challenges without putting your entire supply chain at risk.

Outsourcing 75

Outsourcing Supply Chains Cost Reduction Price Reduction 75

Conger

FEBRUARY 5, 2024

Buying a forklift can be difficult, especially if you do it for the first time. If you’re buying a used forklift, you can also look for things like damage to the forklift forks , gaps in the lift chains, mast operations, the condition of the battery, and more. So, this post is your ultimate guide to buying a forklift.

Eliminating Excel in Purchasing 52

Eliminating Excel in Purchasing Manufacturing Procurement Purchasing Skills Negotiating Skills 52

Ship Monk

JANUARY 29, 2024

Each time a customer makes a purchase from your ecommerce brand they are giving you two things. Because by putting in their credit card numbers and hitting BUY, they are trusting that this transaction will positively benefit them in some way. The first is obvious—their business. The second, which is less obvious, is their trust.

eCommerce 105

eCommerce Logistics Network Optimization Software Eliminating Excel in Purchasing Supply Chain Software 105

GlobalTranz

MARCH 4, 2015

We are lucky to also feature the great supply chain of Staples, who recently purchased Office Depot. Supply Chain Management Academic Program Gets Hands on Experience from Staples’ Supply Chain Excellence. Douglas Meredith Professor of Teaching Excellence and associate professor of supply chain. We hope you enjoy!

Supply Chain Planning Software 94

Supply Chain Planning Software Supply Chains Collaboration Inventory Reduction 94

GlobalTranz

SEPTEMBER 8, 2015

Data Capture. Shipping freight inherently comes with a large amount data. Each data entry is an opportunity for data capture and analysis. Additionally, ensuring a superior data capture capability allows clients to become more confident in tracking and visibility in shipping. Shipping Strategy. Processes.

Cost Reduction 93

Cost Reduction Expense Reduction Supply Chain Planning Software Optimization Software 93

GlobalTranz

MAY 13, 2015

However, one thing that should come to mind is the prowess of the retail giant’s supply chain excellence. ” The Key’s To Walmart’s Supply Chain Management Excellence over the Year. Walmart uses its mammoth purchasing power to shape suppliers’ behavior which also drives down costs, Gartner said.

Supply Chain Planning Software 115

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 115

FreightWaves SONAR

MARCH 5, 2021

But that concept often falls by the wayside in supply chain analytics, especially when assessing the accuracy of predictions using freight data or a forecasting engine. Predictive insights take massive amounts of data from market conditions and yield a potential outcome of what is likely to occur. USA and FWSR28.USA

Freight 98

Freight Cost Reduction Expense Reduction Price Reduction 98

GlobalTranz

FEBRUARY 4, 2019

The application of data can help shippers gain control of shipping costs and make informed decisions, and the top freight data trends for 2019 exemplify how the use of a transportation management system (TMS) can further this cause. As omnichannel shopping becomes the standard for consumers, the use of freight data will excel.

Supply Chain Planning Software 48

Supply Chain Planning Software Logistics Network Optimization Software Trends Inventory Reduction 48

GlobalTranz

AUGUST 3, 2015

You may opt to organize your business into an independent third-party logistics provider (3PL), or you may want to purchase software for tracking, monitoring, and processing all of your needs. However, you must factor in the cost of purchasing an ERP system and compare it to the cost of purchasing an individual TMS , or SCM system.

Supply Chain Design Software 97

Supply Chain Design Software Supply Chain Software Procurement Solutions Logistics Network Optimization Software 97

Logistics Viewpoints

NOVEMBER 8, 2022

Bundled offers (if you buy X, Y, and Z from me, I can offer a 10% discount or in case of transportation, grouping of backhaul lanes at a discount along with inbound lanes). Trying to evaluate bids with such complexity is well beyond the realm of manual methods and Excel spreadsheets. These criteria become constraints on the bid.

Optimal Sourcing 115

Optimal Sourcing Sourcing Strategies Material Savings Supply Chain Software 115

WorkWave

SEPTEMBER 6, 2023

Not only does it provide a space to test hypotheses, but it takes it a step further, giving you results and data to power smarter decisions based on accurate data. B2Bs can simulate potential risks and challenges that may arise in their operations by experimenting with different strategies in a risk-free environment.

Expense Reduction 96

Expense Reduction Cost Reduction Resource Reduction Scenario Planning 96