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

FreightWaves SONAR

JANUARY 28, 2021

Adjusting current logistics strategies demonstrated the second great challenge of the pandemic. Embracing new and improved logistics strategies remains the best way to adapt to clients’ changing demands in 2021 and beyond. Now more than ever, shippers need to find innovative ways to make the most of real-time freight data and analysis.

Waste Reduction 105

Waste Reduction Resource Reduction Price Reduction Cost Reduction 105

3PL Links

DECEMBER 3, 2024

Image source: Pexels | How can Lean Logistics Transform your Company? The Lean method was created by the Japanese company Toyota with the aim of optimizing manufacturing flows and eliminating everything that generates errors, delays, and bottlenecks. How can Lean Logistics Transform your Company? There is no inventory.

Waste Reduction 62

Waste Reduction Inventory Reduction Optimal Sourcing Resource Reduction 62

Logistics Business Magazine

SEPTEMBER 20, 2024

Supply chains can be strengthened by using data-driven solutions, says Brian Fitzgerald (pictured), Growth Strategist at Augury. It is no secret that today’s purpose-built AI tools can not only analyse vastly more data than they could a few years ago but synthesise it into more easily accessible forms, from graphic and narrative to speech.

Supply Chain Planning Software 36

Supply Chain Planning Software Supply Chain Software Waste Reduction Inventory Reduction 36

3PL Links

FEBRUARY 11, 2024

Image source: Rawpixel.com | How to Make Reverse Packaging Logistics More Efficient? Each tactic—from active consumer involvement to sustainable design—is laid out clearly and demonstrates how we may improve the efficiency of packaging recycling.

Sourcing Strategies 48

Sourcing Strategies Waste Reduction Resource Reduction Expense Reduction 48

GlobalTranz

OCTOBER 24, 2016

Patrick gives us some insight into workplace efficiency and how to reduce waste. . The lean concept, itself, is a strategy created to simplify, organize and optimize a working environment. Targeting Workplace Efficiency and Reducing Waste . Consumers won’t pay for your company’s waste. Time Waste .

Waste Reduction 99

Waste Reduction Inventory Reduction Resource Reduction Cost Reduction 99

Logistics Bureau

NOVEMBER 26, 2024

Cost control seeks first and foremost to avoid excessive costs or to reduce them. Cost reduction and productivity overlap, but they do not coincide. Rooting out unprofitable parts of the business and fixing them or eliminating would clearly help overall profitability.

Supply Chain Planning Software 86

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 86

Conger

DECEMBER 13, 2022

If you're looking for ways to reduce lead times, you’re in the right place. Because in this post, you’ll find 11 effective strategies for doing just that. Identify and Eliminate Bottlenecks. The closer the supplier is to your warehouse or manufacturing plant or location , the easier it is to reduce lead times.

Manufacturing Procurement 52

Manufacturing Procurement Inventory Reduction Vendor Strategies Waste Reduction 52

Blue Grace Logistics

MAY 6, 2022

Data and optimization can improve efficiencies in supply chains, save shippers money and reduce greenhouse gas emissions, according to logistics experts who shared insights last Friday in honor of National Supply Chain Day. “In Data gives shippers insights. Efficient, sustainable supply chains go hand in hand. Freightwaves.

Supply Chain Design Software 62

Supply Chain Design Software Optimization Software Supply Chain Software Waste Reduction 62

GlobalTranz

APRIL 30, 2021

To reduce the risk of supply chain disruption , shippers need to know what it means for their operation going into the start of May and how to use the right services to find available capacity before the CVSA roadcheck storm arrives. Consolidate parcel and LTL freight to reduce wasted space and tap additional capacity.

Resource Reduction 119

Resource Reduction Waste Reduction Tips Capacity 119

Logistics Viewpoints

JUNE 19, 2024

This report provides an overall snapshot of the current state of ESG in supply chains, such as its use and prioritization, integration into corporate strategy, stakeholder influence, assessment of ESG goals, as well as challenges and opportunities. Ranked Among Top 3).” (Ranked Among Top 3).”

Supply Chains 142

Supply Chains Waste Reduction Cost Reduction Sourcing Strategies 142

SYSPRO Smarter ERP

NOVEMBER 1, 2021

Industries are facing the need to plan new strategies and invest more in technology to gain a stronger foothold. A B2B e-commerce strategy is therefore becoming increasingly necessary for manufacturing businesses that want to better sell their products or procure the necessary components for manufacturing them.

Manufacturing Procurement 111

Manufacturing Procurement Supply Chain Planning Software Optimal Sourcing Inventory Reduction 111

FourKites

DECEMBER 23, 2020

When creating a strategy for improving the productivity of your supply chain, you should analyze your costs within the following four areas: Staff time. Real-time supply chain visibility can significantly reduce wasted time across your operations. 4 Supply Chain Efficiency Measures to Improve Productivity.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Inventory Reduction Waste Reduction 52

3PL Links

OCTOBER 29, 2024

Image source: Pexels | How Real-Time Inventory Tracking Can Boost Your Profit in 2025 In today’s fast-moving business environment, real-time inventory tracking has become a critical tool for optimizing operations, cutting costs, and driving profitability. But how exactly does real-time inventory tracking impact your bottom line?

Inventory Reduction 62

Inventory Reduction Optimal Sourcing Inventory Cost Reduction 62

Dedola Global Logistics

DECEMBER 16, 2019

An experienced forwarder or third-party logistics company (3PL) can help you improve your bottom line by reducing your soft costs in addition to saving you money on hard costs. How can importers and exporters reduce soft costs? Find a good one and soft costs will be dramatically reduced.

Cost Reduction 84

Cost Reduction Negotiating Skills Material Savings Resource Reduction 84

Turvo

AUGUST 18, 2021

Some of the best practices on how to implement supply chain management systems include avoiding too many systems, keeping an eye on competitors, and creating clear expectations. Focus on the Functionality Needed and Using APIs to Reduce the Hassle of Integration. This practice will reduce the stress of incorporating new software. .

Supply Chain Software 98

Supply Chain Software Supply Chains Logistics Network Optimization Software How To 98

Ship Monk

DECEMBER 27, 2023

If inventory is slotted incorrectly, the picker might be in the right place but picking the wrong item over and over again; or they might be sent to the wrong location and either pick the wrong item or waste a lot of time looking for the correct one. Identify problem areas by setting KPIs and collecting data. Eliminate paper.

eCommerce 63

eCommerce Inventory Reduction Waste Reduction Cost Reduction 63

3PL Links

FEBRUARY 14, 2024

Image source: Flickr | Logistics Planning 2024: How To Carry out Logistical Planning for This Year Have you ever given the recent evolution of logistics any thought? Read also: How to Make Reverse Packaging Logistics More Efficient? How to carry out logistical planning for 2024? Why is logistical planning necessary?

Supply Chain Planning Software 48

Supply Chain Planning Software Scenario Planning Optimal Sourcing Sourcing Strategies 48

Blue Grace Logistics

OCTOBER 7, 2021

What’s in this article: How to gain sustainability through digitalization and technology. A business that mandates shipping policies targeted at reducing ecological impact will inevitably be better positioned in the market. . Through warehouse management software and data streamlining, processes can be automated and optimized. .

Waste Reduction 62

Waste Reduction Meeting Optimal Sourcing Supply Chain Planning Software 62

Logistics Business Magazine

DECEMBER 16, 2021

Governments across the globe are urging businesses to do more to reduce greenhouse gas emissions across the supply chain. In response, companies are taking sustainable leadership to new levels, with a particular focus on reducing their Scope 3 emissions to actively assist in supply chain decarbonisation.

Waste Reduction 57

Waste Reduction Vendor Strategies Cost Reduction Resource Reduction 57

GlobalTranz

FEBRUARY 17, 2016

This is the second part of my series on various ways to reduce overall costs as it relates to logistics and warehouse cost reductions. In the first part I put forth 6 areas of focus in order to reduce logistics costs. Today, I will now address how a focus on inventory will allow for warehouse cost reductions as well.

Inventory Reduction 65

Inventory Reduction Cost Reduction Waste Reduction Vendor Strategies 65

SYSPRO Smarter ERP

JANUARY 23, 2023

Reporting requires businesses to collect and track data on their ESG performance and report this information in a transparent and consistent manner. This involves implementing processes and systems for collecting and reporting on data, and some businesses may need to ensure that the information is verified by a third party.

ERP 111

ERP Waste Reduction Optimal Sourcing Supply Chain Planning Software 111

Talking Logistics

JUNE 4, 2018

Here is how these companies are using transportation optimization, inventory optimization and demand modeling as part of their supply chain design strategy to tackle the price factor head-on. You can also ask questions and test strategies within the safe confines of your own data-backed model, before real-world implementation.

Inventory Reduction 61

Inventory Reduction Supply Chain Design Software Price Reduction Cost Reduction 61

Logistics Bureau

OCTOBER 26, 2024

Often, people think that supply chain consulting is about reducing costs. 1) To Gather Information Supply chain improvement initiatives, or even efforts to resolve a specific problem, can often entail the need for large quantities of accurate, current data. The problems don’t end there.

Supply Chain Planning Software 118

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 118

Logistics Bureau

NOVEMBER 6, 2023

Of course, there is no quick and easy way to curb increases in the cost of energy and labour, but now is an excellent time to start thinking about practical ways to reduce energy usage and increase labour productivity and efficiency. There are several possible ways to eliminate this form of energy wastage.

Cost Reduction 116

Cost Reduction Purchasing Skills Waste Reduction Material Savings 116

Compactor Management Company

MARCH 15, 2023

Any electronic appliance past its functional stage that must be discarded is known as e-waste. Every year more than 50 million tons of e-waste, comprising different batteries and electronic equipment, are discarded into our environment. One of the potential answers to the safe disposal of e-waste lies in recycling.

Waste Reduction 52

Waste Reduction Waste Manufacturing Procurement Resource Reduction 52

Dedola Global Logistics

DECEMBER 16, 2019

How To Reduce Soft Costs in Shipping. An experienced forwarder or third-party logistics company (3PL) can help you improve your bottom line by reducing your soft costs in addition to saving you money on hard costs. . How can importers and exporters reduce soft costs? Provides reports and data. Contact Us.

Cost Reduction 52

Cost Reduction Negotiating Skills Material Savings Resource Reduction 52

Log-hub

MAY 22, 2024

In today’s complex and interconnected global economy, managing supply chains has evolved into a sophisticated discipline that requires advanced tools and strategies. Type of Multi-Tier Supply Chain Analytics DESCRIPTIVE ANALYTICS : Involves analyzing historical data to understand past performance and identify trends.

Optimal Sourcing 52

Optimal Sourcing Optimization Software Material Savings Supply Chain Planning Software 52

Log-hub

MAY 22, 2024

In today’s complex and interconnected global economy, managing supply chains has evolved into a sophisticated discipline that requires advanced tools and strategies. Type of Multi-Tier Supply Chain Analytics DESCRIPTIVE ANALYTICS : Involves analyzing historical data to understand past performance and identify trends.

Optimal Sourcing 52

Optimal Sourcing Optimization Software Material Savings Supply Chain Planning Software 52

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

SYSPRO Smarter ERP

JULY 2, 2024

AI for manufacturers Using artificial intelligence (AI) in manufacturing can significantly improve productivity, reduce equipment failure, increase production efficiency and help identify new business opportunities. Machine learning (ML): Using algorithms and data to detect patterns without being explicitly programmed to do so automatically.

Supply Chain Planning Software 105

Supply Chain Planning Software Modeling Software Optimization Software Supply Chain Design Software 105

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 124

Inventory Reduction Inventory Optimization Modeling Optimization Software 124

Parade

JANUARY 7, 2022

How Parade is Helping Brokerages Never Waste a Quote Again Rolled out just last week, Parade has a new feature that allows customers to capitalize on past quotes that they didn’t use for whatever reason to find new capacity and open the door to building relationships with new carriers.

Waste Reduction 78

Waste Reduction Waste Capacity Sourcing Strategies 78

Parade

JANUARY 7, 2022

How Parade is Helping Brokerages Never Waste a Quote Again Rolled out just last week, Parade has a new feature that allows customers to capitalize on past quotes that they didn’t use for whatever reason to find new capacity and open the door to building relationships with new carriers.

Waste Reduction 78

Waste Reduction Waste Capacity Sourcing Strategies 78

Logistics Business Magazine

MARCH 9, 2022

Real-time supply chain visibility platform FourKites has announced a new Net Zero initiative to help the world’s leading companies achieve their organisational goals to reduce supply chain emissions. Benchmark progress against industry averages based on organisational goals and anonymised industry data.

Waste Reduction 57

Waste Reduction Resource Reduction Supply Chain Software Modeling Software 57

Conger

MARCH 28, 2024

Technologies like artificial intelligence continue to enhance these capabilities to become more attractive and allow new visualizations and data collection standards. Telematics collect and transmit vehicle speed, mileage, and fuel consumption data, while GPS allows precise location tracking.

Optimization Software 72

Optimization Software Optimal Sourcing Expense Reduction Cost Reduction 72

United World Transporation

JUNE 10, 2021

Drivers can end up wasting time, causing damage, getting tickets, and ultimately losing the carrier money. Continue reading below to find out how to minimize the risks of GPS routing. The GPS devices you find in the bargain bin or on a phone just aren’t going to cut it. Input Correct Truck Data.

How To 98

How To Waste Reduction Cost Reduction Trucking 98