CH Robinson Logistics

MAY 18, 2021

Today, retailers and supply chain professionals need to have a plan in place to minimize waste and cut down on inefficiencies in reverse logistics. Customer returns also fit this definition and make up a large percentage of reverse logistics concerns that retailers and logistics organizations handle. What is reverse logistics?

Reverse logistics 64

Reverse logistics Supply Chain Planning Software Material Savings Inventory Reduction 64

Logistics Bureau

JUNE 5, 2023

There are ways and means to reduce excess expenditure in fleet operation , and you can separate them roughly into three categories. Consider Downsizing Your Fleet Reducing fleet size might be the most drastic option for cost reduction, but it’s also the one likely to deliver the most significant savings.

Cost Reduction 91

Cost Reduction Purchasing Skills Price Reduction Waste Reduction 91

Conger

MARCH 28, 2024

Introduction to Fleet Management Fleet Management Definition Businesses across all sectors depend on commercial vehicles to transport people and products daily from cross-country delivery services to your neighborhood gas and oil provider. It helps in promoting safer driving practices and reducing breakdowns.

Optimization Software 72

Optimization Software Optimal Sourcing Expense Reduction Cost Reduction 72

Ship Monk

JANUARY 9, 2024

Multichannel to Omnichannel You’ve heard us talk about a multichannel sales strategy before, and we’re happy to say that most of our ecommerce clients are already doing this. If your ecommerce brand hasn’t explored other sales channels, you are definitely missing out. Here are a few of the trends we think are going to be big in 2024.

eCommerce 105

eCommerce Trends Optimization Software Supply Chain Software 105

MTS Logistics

MARCH 25, 2024

Shippers want to acquire competitive rates that fit within their spending limits, while carriers want to reach lucrative agreements that consider the state of the market and operating expenses. ” He then added, “Right now, it’s definitely not the preferred option.”

Negotiating Skills 104

Negotiating Skills Freight Price Reduction Expense Reduction 104

GlobalTranz

NOVEMBER 10, 2015

Transportation costs make up 60 percent of overall logistics expenses for all shippers and 3PLs. However, costs can be further reduced through the use of a warehouse management system (WMS). Additionally, reducing the physical wear and tear on warehouse machinery is another aspect of increasing the ROI through a WMS.

Supply Chain Planning Software 90

Supply Chain Planning Software Optimization Software Inventory Reduction Cost Reduction 90

GlobalTranz

SEPTEMBER 15, 2015

Therefore, the opportunities for controllable errors can be reduced, which reduces shipping expenses. . They allow shippers to reduce the opportunities for violations of public trust and trade laws, which propel the shipper towards “Best in Class” status. Let us know in the comments section below!

Supply Chain Planning Software 93

Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software Expense Reduction 93

FreightWaves SONAR

MARCH 2, 2021

The total value of resources, man-hours, construction, equipment, maintenance, fees, and other costs must be accurately estimated for expense prediction to be effective. Without clear budgeting and cost-prediction measures, the transportation network will be unable to accurately plan for increases and decreases in expenses.

Analysis 98

Analysis Price Reduction Cost Reduction Supply Chain Planning Software 98

EazyStock

OCTOBER 20, 2020

Firstly, let’s get a few definitions: What is inventory control? It’s the art of achieving stock availability , while reducing inventory costs and minimizing the risk of excess items. Don’t forget to have a policy for reducing excess stock and removing obsolete items. Fine-tune your stock replenishment strategies.

Inventory Reduction 98

Inventory Reduction Optimization Software Inventory Optimization Modeling 98

Conger

JULY 30, 2021

In this article, you’ll learn: The definition of omnichannel distribution. Top challenges and the steps for adopting an omnichannel distribution strategy. 4 Steps for Adapting to an Omnichannel Distribution Strategy. To reiterate, an omnichannel strategy will integrate each of these channels. Let’s get started!

Inventory Reduction 52

Inventory Reduction Distribution Vendor Strategies Waste Reduction 52

Locus

JANUARY 8, 2024

In the tightly knit fabric of retail, a clear view of the supply chain’s inner workings is a definitive edge for business. Here are five innovative strategies to transform this insight into higher profits. Clarity in supply chain operations distinguishes the leaders in retail.

Cost Reduction 52

Cost Reduction Expense Reduction Resource Reduction Logistics Network Optimization Software 52

Ship Monk

NOVEMBER 12, 2020

If you’ve been wondering which strategy is more deserving of your time and money, this is the article for you. Well, customer acquisition is expensive — specifically, 5 tim e s pricier than customer retention (which we’ll get into in a moment!). Truth be told… they’re both great strategies! What Is Customer Acquisition?

Expense Reduction 64

Expense Reduction Procurement Analytics Strategy Article 64

Logistics Viewpoints

APRIL 24, 2023

This technology allows businesses to unify their procurement, expense management, invoicing, payments, contract management, and spend analysis processes and reporting. Coupa meets this definition. In its ideal form, these planning processes should help leaders align strategy, financial considerations, and supply chain strategy.

Supply Chain Design Software 111

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Optimization Software 111

Ship Monk

MARCH 30, 2024

Never fear; an expert 3PL can eliminate that stress with the right software. So don’t wait, take our short 3PL platform tour now and discover how you can take advantage of more opportunities, reduce errors, make better business decisions, and save time and money! With so many moving parts, it can be easy to get lost or overwhelmed.

3PL 105

3PL Supply Chain Design Software Optimization Software Supply Chain Software 105

SYSPRO Smarter ERP

JUNE 21, 2022

It is clear from these definitions that having less than the minimum required stock on hand will result in an inability to meet customer demand. For the business, it is a high-risk strategy for short-term gain with no upside if it fails. . ERP can help companies cope with Supply Chain.

Supply Chain Planning Software 105

Supply Chain Planning Software Supply Chain Software Supply Chains Optimization Software 105

Logistics in War

NOVEMBER 9, 2019

Everyone in the room is probably quite confident that they have a definition of what a logistician is; whether you agree with one another is another question. Logistics, much like strategy and tactics, is a process or a way of thinking. Defence budgets began to decline, and strategy redeveloped to suit a ‘peace dividend’.

Sourcing Strategies 78

Sourcing Strategies Military Resource Reduction Buyer Training 78

Logistics Bureau

JANUARY 23, 2017

Sustainability, carbon footprint reduction, and supply chain transparency have, over the last two or three years, merged and morphed into what we now like to call corporate social responsibility. Key Logistics Trend #4: The Appeal of Supply Chain Social Responsibility. Be Ready For Disruption in Supply Chain and Logistics. Trends come and go.

Supply Chain Planning Software 94

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Logistics Network Optimization Software 94

GlobalTranz

DECEMBER 17, 2014

These myths obscure and mislead: among them are the misconceptions that EDI is expensive, complicated and not worth the investment. Myth: It’s Too Expensive. While there is a cost associated with EDI integration, it is definitely worth it. The cost of EDI integration is immediately justifiable.

Supply Chain Software 93

Supply Chain Software Sourcing Strategies Expense Reduction Cost Reduction 93

20Cube Logistics

FEBRUARY 11, 2022

If speedy delivery of goods is not met, solutions to problems are not dealt with in an agile manner, then a business can definitely suffer setbacks. On the other hand, the electronics industry deals with goods that are mostly bulky in frame and expensive. These are the types of goods that work well with a small number of touchpoints.

Supply Chain Planning Software 74

Supply Chain Planning Software Supply Chain Software Supply Chains Scenario Planning 74

GlobalTranz

OCTOBER 25, 2016

Vocational training is also substantially less expensive than obtaining a degree traditionally in an educational institution. In other words, the cost of obtaining the skills necessary to complete a vocational program are by definition used for practical purposes in the field.

Buyer Training 100

Buyer Training Training Resource Reduction Cost Reduction 100

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

JUNE 27, 2016

Reusable packaging goes far beyond just reducing packaging costs. It can affect five key areas of your business in addition to reducing your packaging costs up to 90% in some cases. Reusable and recyclable are different terms with different definitions. Switching can help to: Reduce risks of damage and loss to goods.

Material Savings 56

Material Savings Packaging Waste Reduction Cost Reduction 56

Conger

JANUARY 17, 2023

Warehouse 5S is a lean management strategy that helps warehouses accomplish a basic objective: making problems visible. The 5S model is named for five Japanese terms that capture its core philosophy — waste reduction and improved efficiency. Some common sorting strategies include: General cleaning of an area.

Waste Reduction 52

Waste Reduction Inventory Reduction Cost Reduction Resource Reduction 52

GlobalTranz

JULY 24, 2017

Rather than looking at it with only two options, shippers need a third solution; they need to take advantage of an LTL transportation management system (TMS), focusing on how leveraging today’s systems, like the Cerasis Rater , can maintain profitability and drive expenses down. Think about the benefits you want from your TMS. A Mobile App.

Optimization Software 55

Optimization Software Supply Chain Design Software Cost Reduction Vendor Strategies 55

3PL Links

AUGUST 18, 2023

Everything You Need to Know About Inventory Management | Image source: Pexels Inventory management is a crucial investment for businesses that want to increase productivity, cut expenses, and deliver top-notch customer service. Reduce total inventory costs by increasing turnover or by lowering expenditures and investments.

Inventory Reduction 48

Inventory Reduction Inventory Purchasing Skills Price Reduction 48

Logistics in War

JANUARY 23, 2019

An unprepared military offers political leaders few options, corrupts strategy, is inefficient and ineffective, and poses a national risk. Being definitive about threats or objectives certainly helps in answering the question ‘is the military prepared?’ . – Chief of Army LTGEN Peter Leahy, 2004 [1]. 1] ADDP 00.2

Military 97

Military Resource Reduction Sourcing Strategies Supply Chain Planning Software 97

Locus

MARCH 4, 2024

With the ability to streamline processes, cut costs, and leverage advanced technologies, TMS solutions are critical for maintaining a competitive edge. By integrating TMS into their operations, retailers can not only improve efficiency but also drive innovation and make data-informed decisions that enhance their overall supply chain strategy.

Supply Chain Planning Software 52

Supply Chain Planning Software Optimization Software Cost Reduction Expense Reduction 52

Ottawa Logistics

MARCH 24, 2022

Although Bill Gates is quoted as saying, “Your most unhappy customers are your greatest source of learning,” he most definitely did not build the Microsoft empire off of bad logistics. You also reduce the possibility of customer dissatisfaction as you reduce confusion between the inventory that you hold between separate centers.

Distribution 62

Distribution Inventory Reduction Material Savings Cost Reduction 62

GlobalTranz

SEPTEMBER 7, 2017

Although its original definition was used exclusively for seafaring transport, modern use of the term can be applied to all shipment modes of transit. So, the receiver pays for shipping by paying the bill on a more expensive invoice. What Exactly Is Freight on Board? FOB Destination, Freight prepaid and charged back.

Freight 82

Freight Cost Reduction Purchasing Skills Expense Reduction 82

3PL Links

OCTOBER 10, 2016

You need the sort of tools and strategies that will help you to optimize construction site workflow so that you can focus on what you do best without having to be concerned with issues relating to materials logistics. This will definitely improve workflow at a construction site. Storage / warehousing solution.

Construction 54

Construction Material Savings How To Supply Chain Planning Software 54

GlobalTranz

DECEMBER 31, 2015

Marketing in Logistics: 4 Elements of the Market Research Phase in a Sound Digital Marketing Strategy. The Definitive Guide to Transportation Terminology to Stay on the Same Logistics Page. Accounting For Freight Costs: Freight Expense Account vs. Cost of Freight-Sales Account. What are The Elements of a SWOT Analysis?

Article 59

Article Supply Chain Software Supply Chains Logistics Network Optimization Software 59

GlobalTranz

MAY 20, 2015

The US quality guru Joseph Moses Juran (born 1904 in Romania ) divides the supplier quality assurance process into nine steps: definition of the product’s quality requirements, evaluation of alternative suppliers. The definition of this metric is similar to the way it sounds. 2: Audit Strategy. Cost of quality.

Procurement Analytics 99

Procurement Analytics Supply Chain Planning Software Supply Chain Software Manufacturing Procurement 99

Talking Logistics

MARCH 14, 2018

Let’s start with a definition of “managed services.” Factors such as changing market conditions or changes in management can cause changes in strategy. Those were some of the questions I discussed with Chuck Papa, Senior Vice President of Sales at Transplace in a recent episode of Talking Logistics. What is Managed Services?

Logistics Network Optimization Software 72

Logistics Network Optimization Software Modeling Software Outsourcing Resource Reduction 72

3PL Insights

OCTOBER 24, 2017

Real time inventory : Lost inventory can become extremely expensive. In other cases, guide wires might lay out a definite path for vehicles, rather than free roaming. Vehicles are typically programmed to reduce speed around corners, and can detect when objects or humans are in its way—then it will stop.

Supply Chain Software 112

Supply Chain Software Supply Chain Planning Software Inventory Reduction Expense Reduction 112

GlobalTranz

OCTOBER 16, 2017

By definition, white glove services refer to the handling of care used when moving products in which the movers or shippers literally wear white gloves to protect the product. Refrigerators, large household appliances, furniture, and expensive electronics are items that should have a level of a white glove service.

Logistics Network Optimization Software 55

Logistics Network Optimization Software Transportation Expense Reduction Cost Reduction 55

GlobalTranz

SEPTEMBER 16, 2016

There are several definitions of 3PL. For example , if your prime business time is at Christmas, using 3PL will allow you to increase the scale of your business during this busy time period and reduce the size of your operations during the summer months. 3PL providers can help your business avoid expensive . What is 3PL?

3PL 101

3PL Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Software 101

Ship Monk

DECEMBER 5, 2022

Could there be hidden costs you’re not accounting for in your pricing strategy? That’s why understanding landed cost is key to a successful pricing strategy and making better business decisions. Landed cost includes all of these costs, as well as additional expenses that are incurred by the seller after the product is sold.

Negotiating Skills 52

Negotiating Skills Purchasing Skills Cost Reduction eCommerce 52