GlobalTranz

FEBRUARY 25, 2021

How often do you think about your retail reverse logistics strategy? Instead of being relegated to the margins, executives must rethink their strategy and consider how a data-driven reverse supply chain can add more value and improve profit margins. The Benefits of a Data-Driven Retail Reverse Logistics Strategy.

Expense Reduction 101

Expense Reduction Inventory Reduction Reverse logistics Strategy 101

Logistics Viewpoints

OCTOBER 16, 2024

Machine learning improves the vehicle’s performance by analyzing data from past deliveries and refining its operations. Cloud Computing: The data collected by ADVs is processed through cloud platforms, enabling real-time communication, route adjustments, and fleet management.

Supply Chain Planning Software 120

Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software Optimization Software 120

Locus

JANUARY 22, 2025

Introduction (Overview) Overview The most expensive part of logistics, last-mile delivery, is being transformed by AI. This final step of the logistics journey has always been notoriously expensive and complex. Key Benefits Fuel Savings: Better routing minimizes unnecessary travel, cutting fuel expenses.

Cost Reduction 52

Cost Reduction Expense Reduction Resource Reduction Inventory Reduction 52

The Logistics of Logistics

AUGUST 24, 2022

Sreenivas Vemulapalli and Joe Lynch discuss how to streamline your logistics operations. Our expertise in technology modernization helps clients resolve critical operational challenges such as effective management of peak loads and seamless anytime, anywhere access to distributed freight data. About Sreenivas (Sreeni) Vemulapalli.

Logistics Network Optimization Software 368

Logistics Network Optimization Software Supply Chain Software Supply Chain Design Software Optimization Software 368

Logistics Viewpoints

MARCH 3, 2022

Logistics strategy as an enabler of new business models. They promoted logistics to the level of core process and enabler of new business models and now view a thought-through logistics strategy as an opportunity to stand out by offering a better service level to their customers, such as same-day delivery. Automation as key for growth.

Expense Reduction 140

Expense Reduction Supply Chain Design Software Supply Chain Software Supply Chain Planning Software 140

Blue Grace Logistics

MARCH 26, 2024

What you will learn in this blog: Leveraging Data Analytics For Invaluable Insights Implementing Lean Principles for Waste Reduction Effective Management Of Supply Chain Costs As companies navigate market fluctuations and challenges, effectively managing supply chain expenses becomes pivotal for success.

Negotiating Skills 117

Negotiating Skills Cost Reduction Waste Reduction Inventory Reduction 117

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

Trinity Logistics

SEPTEMBER 16, 2021

With costs rising recently, it’s easy to see why the challenge for many companies has been to reduce their transportation costs. Before we jump into how to reduce your transportation costs, it’s essential to understand what factors are causing them to rise. STEPS TO REDUCE TRANSPORTATION COSTS. CUT YOUR MANUAL PROCESSES.

Cost Reduction 110

Cost Reduction Expense Reduction Price Reduction Vendor Strategies 110

Logistics Viewpoints

FEBRUARY 20, 2024

This article describes how to incorporate simulation techniques into optimization, build a stochastic optimization model, and end up with a more resilient supply chain model. That strategy can lead to thousands of scenarios, and still no number of scenarios will answer all questions.

Supply Chain Design Software 122

Supply Chain Design Software Sourcing Strategies Supply Chain Design Inventory Reduction 122

ShipLilly

JUNE 28, 2021

Thankfully some strategies can be used to mitigate the cost. This is a fiscally sound strategy that cuts down on reverse logistics costs for organizations. Figuring out how to handle these returns has been a challenge facing suppliers all over. Use of Data and Information. Return and Repair Policy Framework.

Vendor Strategies 98

Vendor Strategies Cost Reduction Expense Reduction Inventory Reduction 98

Logistics Viewpoints

JANUARY 30, 2025

Overlaying a dynamic layer on top of the WMS can sometimes be the the best and most efficient strategy. By analyzing real-time data such as order trends, equipment availability, and associate performance, these systems can dynamically adjust workflows.

Optimization Software 95

Optimization Software Resource Reduction Automation Logistics Network Optimization Software 95

SYSPRO Smarter ERP

AUGUST 31, 2023

If you are a finance professional in a manufacturing business, your main goals are to reduce risk, improve profitability, and maintain high levels of compliance. To do that, you need to access accurate data and create insightful reports for GL, as well as other finance and operational needs. Stale data. It is slow.

Optimal Sourcing 111

Optimal Sourcing Optimization Software Data Optimization 111

Logistics Bureau

DECEMBER 24, 2024

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. Alas, in some cases, there is no supply chain strategy to speak of. Data speaks volumes in terms of performance.

Outsourcing 52

Outsourcing Warehousing Negotiating Skills Purchasing Skills 52

3PL Links

NOVEMBER 26, 2024

Image source: Pexels | Everything You Should Know About Automation in Fulfillment Logistics Introduction to Automation in Logistics Have you ever thought about how Amazon delivers packages quickly and efficiently? And how does technology change the way products are shipped? Automated systems can track inventory in real-time.

Supply Chain Software 62

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

SYSPRO Smarter ERP

MARCH 20, 2024

For manufacturers, having the right business intelligence on hand at the right time can eliminate the guesswork from decision making, offering real-time visibility into business processes so you can anticipate your next move. In recent years, the amount of data available to most companies has exploded. Data warehousing costs rise.

Manufacturing Procurement 105

Manufacturing Procurement Optimal Sourcing Expense Reduction Cost Reduction 105

The Logistics of Logistics

FEBRUARY 12, 2021

Freight damage is not only expensive and upsetting to customers, but it is also ridiculously hard to figure out where, when, and how it occurred. Ilya’s company, Paxafe creates sensors that enable companies to determine when, where, and how shipments were damaged. Additionally, freight damage and loss are very expensive.

Expense Reduction 195

Expense Reduction Freight Supply Chain Software Modeling Software 195

Blue Grace Logistics

FEBRUARY 26, 2024

Transportation Strategy Profitability Search Search BlueGrace Logistics - February 26, 2024 Transportation strategy plays a pivotal role in ensuring efficiency, cost-effectiveness, and ultimately, profitability for businesses.

Inventory Reduction 62

Inventory Reduction Cost Reduction Waste Reduction Expense Reduction 62

Locus

JUNE 16, 2023

Read also: How to Calculate the Cost of Transport 2. Just one hour of idling per day over a year equals 64,000 miles of engine wear , resulting in additional annual maintenance expenses of up to $9,472 per truck. Read also: A Study of Unit Economics in Last Mile Delivery Is it essential to reduce last-mile delivery costs for vehicles?

Cost Reduction 98

Cost Reduction Expense Reduction Inventory Reduction Price Reduction 98

WorkWave

JANUARY 23, 2025

Understanding why these traditional methods work so well and how to implement them effectively can transform your customer retention and revenue growth. Plus, prepaid services reduce billing and collection costs while providing crucial working capital for early-season expenses. Start Using Effective Print Marketing Today!

Material Savings 69

Material Savings Expense Reduction Cost Reduction Price Reduction 69

GlobalTranz

NOVEMBER 17, 2016

Supply chain leaders are enthralled with the idea of using big data, but they tend to fail to understand how to disseminate big data in their organization properly. Ask Traditional Questions, and Let Big Data Provide Answers. Since employees represent one of the largest expenses, n organization may face.

Supply Chain Design Software 115

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

TransAudit

FEBRUARY 13, 2025

Companies that rely on reactive strategies risk falling behind, while those that prioritize resilience are better equipped to thrive. Lets explore the key elements of supply chain evolution, the challenges, and how to trade reaction for resilience. Cost Savings : Reduce inefficiencies and last-minute expenses.

Supply Chain Software 59

Supply Chain Software Supply Chain Planning Software Supply Chains Inventory Reduction 59

FreightWaves SONAR

FEBRUARY 5, 2021

As reported by Supply Chain Game Changer , “certainly there are many factors that can cause a company to apply intense pressure on the supply chain and other functions, to reduce their costs. Financial losses or declining profitability certainly make cost-cutting a priority.

Expense Reduction 105

Expense Reduction Cost Reduction Price Reduction Waste Reduction 105

FreightWaves SONAR

JANUARY 25, 2021

It is a challenge for many shippers and carriers to know where they should put their focus and where the data directs them to go. According to FleetOwner , “ trucking companies must go where the data leads them, not where they think it is going to lead them. Why outdated data hurts carriers in the short- and long-term.

Price Reduction 86

Price Reduction Data Supply Chain Software Supply Chain Planning Software 86

Ship Monk

APRIL 16, 2024

They can use the validated credit card to make far more expensive purchases, or they can resell the card credentials for a profit on the dark web. To be clear, the blame lies with the hackers and criminals, but if a data breach or you approve an unauthorized transaction, the customer is going to blame your business.

eCommerce 105

eCommerce Modeling Software How To Procurement Solutions 105

The Logistics of Logistics

NOVEMBER 4, 2019

I think the way companies buy today is very different from how they bought twenty years ago, and I really don’t think the logistics industry has evolved with that. There’s so much information out there that wasn’t available before about how to solve certain problems and what providers can help. It’s really all about the strategy.

Expense Reduction 191

Expense Reduction Strategy Analysis Logistics 191

Locus

JANUARY 10, 2024

We’ll look at four strategies to optimize shelf replenishment, reducing stockouts, improving inventory management, cutting waste, and boosting productivity. Eliminating the Need for Markdowns: By maintaining the right stock levels at the right times, we can avoid bothersome markdowns.

Inventory Reduction 52

Inventory Reduction Cost Reduction Resource Reduction Waste Reduction 52

WorkWave

JUNE 17, 2024

Generating more leads is a key strategy for increasing revenue, expanding market reach, and establishing a strong reputation in the industry. Digital marketing has emerged as an essential strategy to effectively promote products and services online. Email marketing is an effective pest control lead generation strategy.

Optimal Sourcing 96

Optimal Sourcing Sourcing Strategies Resource Reduction Optimization Software 96

Blue Grace Logistics

FEBRUARY 29, 2024

Webinars Show Submenu Resources The Logistics Blog® Newsroom Whitepaper Case Study Webinars Indexes Search Search Adam White - February 29, 2024 LinkedIn Live Webinar On-Demand: Transportation Cost: The impacts & how to gain visibility to the right data What’s the Topic? Do you have more questions about this logistics topic?

Cost Reduction 62

Cost Reduction Expense Reduction Resource Reduction Data 62

FreightWaves SONAR

DECEMBER 30, 2020

Data-driven transportation management , including the checks and reviews that accompany healthy data management practices, are part of the process of getting the most out of the tech stack. Throughout the supply chain, data-driven transportation management’s success is only as good as the data quality and integrity in use.

Supply Chain Planning Software 98

Supply Chain Planning Software Data Supply Chain Software Transportation 98

GlobalTranz

NOVEMBER 14, 2016

Big data will be a defining force in the future of logistics, but the benefits of big data are already being felt. This graphic shows the true scope of impact of big data in the Transportation, SupplyChain & Logistics industries. . Reduced Operational Costs. . Obviously, there is a lot going on.

Supply Chain Software 97

Supply Chain Software Supply Chains Data Optimal Sourcing 97

GlobalTranz

MAY 6, 2015

One reason may be that they haven’t made the paradigm shift as to how to implement lean. Eliminate All Waste in the Supply Chain So That Only Value Remains. o Energy-(Sometimes called the eighth waste): eliminate wasteful energy in the supply chain: minimize electricity, gas, utilities, etc. Reduce Lead Time.

Supply Chain Planning Software 127

Supply Chain Planning Software Waste Reduction Inventory Reduction Supply Chain Software 127

Logistics Viewpoints

NOVEMBER 22, 2022

Trucking companies need to manage many layers of safety and compliance, and while insurance is just one of them, it’s also among the most important and expensive. So, in an era of escalating costs, carriers need to always be on the lookout for ways to cut costs while maintaining proper and sufficient coverage.

Cost Reduction 113

Cost Reduction Expense Reduction Tips Trucking 113

GlobalTranz

OCTOBER 9, 2015

Industrial IoT and big data are converging to enable demand-driven 'smart supply chains.' One of the biggest challenges facing automotive, aerospace and defense manufacturers is the limited shapes a part can be cut, molded or welded in. The data science algorithms can help in customer segmentation and clustering.

Manufacturing Procurement 125

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software Supply Chains 125

EazyStock

NOVEMBER 19, 2020

Yet inventory replenishment planning – done correctly – can have a really positive impact on your business in terms of improving operational efficiency, reducing supply chain risk and enhancing bottom line profitability. Data is quickly out of date, as demand and supply variables change so quickly. Automated stock replenishment.

Replenishment 98

Replenishment Optimal Sourcing Inventory Reduction Supply Chain Planning Software 98