Logistics Viewpoints

NOVEMBER 19, 2024

In addition, the holiday shopping period between Thanksgiving and Christmas this year is 26 days—five days shorter than in 2023—potentially creating additional headaches for online vendors and their delivery partners attempting to fulfill a greater volume of orders in less time. billion in sales.

Cost Reduction 88

Cost Reduction Resource Reduction Price Reduction Vendor Strategies 88

Material Handling and Logistics

FEBRUARY 9, 2018

“This report highlights the necessity for supply chain and finance departments to work more closely and adopt costing practices that are progressive and focused on informing internal decisions.”. Among those surveyed, supply chain managers agreed, on average, that the benefits of improving their costing systems exceed the investment.

Supply Chain Planning Software 108

Supply Chain Planning Software Supply Chain Software Cost Reduction Supply Chains 108

FreightWaves SONAR

JULY 24, 2023

In most industries, supply chain logistics account for 5% to 50% of a product’s total cost.” Measuring performance with transportation KPIs and freight data is getting easier. Budgeting and managing freight costs are critical to overcoming any disruptions and increasing profitability. Think about this.

Cost Reduction 105

Cost Reduction Tips Expense Reduction Supply Chain Planning Software 105

GlobalTranz

JANUARY 4, 2017

Use Warehouse/3PL cross-functional teams to contribute Cost Savings Ideas: Lean initiatives alone will bring cost reduction and process improvements. Use Gainsharing so both the Warehouse/3PL and customer/shipper gain where cost reduction is found. Create a “win-win” partnership. KPIs Question 2.

Negotiating Skills 77

Negotiating Skills Cost Reduction Scenario Planning Inventory Reduction 77

GlobalTranz

APRIL 4, 2016

Overseas markets are becoming volatile, and the cost of labor in foreign countries is rising steadily. However, many countries still continue to have lower labor costs than the US, and so we still see offshoring by companies who are in the proverbial pursuit to the lowest cost model.

Manufacturing Procurement 53

Manufacturing Procurement Cost Reduction Price Reduction Inventory Reduction 53