Logistics Business Magazine

OCTOBER 2, 2024

Mingo Smart Factory has established itself as an innovator in real-time manufacturing analytics, offering powerful tools that enable manufacturers to optimise operations, reduce waste, and enhance overall productivity.

Factories 58

Factories Supply Chain Software Logistics Network Optimization Software Waste Reduction 58

Logistics Bureau

AUGUST 7, 2023

Any shortfalls in the system will typically result in overselling, leading to stock-outs , and overstocking , which ties up working capital unnecessarily and can result in wasteful obsolescence issues. Still, the tips above should help you to start cutting the losses generated by high volumes of ecommerce returns.

Inventory Reduction 98

Inventory Reduction eCommerce Inventory Procurement Solutions 98

Logistics Business Magazine

AUGUST 1, 2022

Pressured by their customers and staff into being demonstrably ‘green’, without transparency and clear definitions of ‘green’, confusion about which practices are actually sustainable can frustrate businesses and consumers alike. As of 2019, 59% of businesses claimed to have internal sustainability initiatives in place.

Waste Reduction 56

Waste Reduction Manufacturing Procurement Resource Reduction Sourcing Strategies 56

Compactor Management Company

FEBRUARY 13, 2023

The current climate crisis demands that we reduce our carbon footprint, which is more than just knowing how to recycle. Upcycling involves using waste materials to create new products, thereby reducing overall consumption. Upcycling has several key benefits, starting with reducing waste in landfills.

Waste Reduction 52

Waste Reduction Resource Reduction Material Savings Cost Reduction 52

Conger

MAY 6, 2019

To eliminate waste without sacrificing productivity to improve customer value. When it comes down to applying lean strategies, it’s not so easy. That goes for the time wasting processes and the time saving processes alike.”. The whole purpose of Lean thinking is to identify and reduce waste.

Waste Reduction 59

Waste Reduction Inventory Reduction Material Savings Sourcing Strategies 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

Locus

MARCH 4, 2024

In the fast-paced world of supply chain management, Transportation Management Systems (TMS) have become an indispensable tool for retailers seeking to optimize their transportation operations. With the ability to streamline processes, cut costs, and leverage advanced technologies, TMS solutions are critical for maintaining a competitive edge.

Supply Chain Planning Software 52

Supply Chain Planning Software Optimization Software Cost Reduction Expense Reduction 52

Talking Logistics

DECEMBER 5, 2018

What the leaders have done is focus on achieving quick wins — that is, they have identified opportunities to eliminate waste or replace manual processes with technology that are low risk and require minimal time, cost, and resources to achieve. Business Cases and Success Stories.

Conference 77

Conference Optimal Sourcing Optimization Software Supply Chain Software 77

GlobalTranz

APRIL 14, 2016

According to McKinsey , this last has been known to reduce maintenance costs by as much as 40% and cut unplanned downtime in half. Cut lines, bad weather, provider outages – how do you protect a connected business when so much of it depends on things outside your control? Armageddon and a Robot-Controlled Dystopian Future.

Supply Chain Design Software 57

Supply Chain Design Software Supply Chain Software Optimization Software Supply Chain Design 57

GlobalTranz

AUGUST 9, 2017

But, shippers who understand the top factors influencing parcel pricing, such as dimensional (DIM) pricing models , they can locate additional savings by eliminating unnecessary costs and maintaining better control over shipping practices. Rate Types. Negotiations. Weight and Dimensional Pricing.

Negotiating Skills 49

Negotiating Skills Price Reduction Cost Reduction Waste Reduction 49

Logistics Bureau

MAY 5, 2016

This “output versus input” definition covers achievements of the workforce, results from the use of equipment, time spent (as in the hours needed to manufacture a product) and return on capital. Cost control seeks first and foremost to avoid excessive costs or to reduce them. Productivity is a deceptively simple concept.

Supply Chain Planning Software 58

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 58

Penske Move Ahead

SEPTEMBER 5, 2024

Upon hearing I was in the logistics industry, a recent dinner companion of mine posed a question about his personal investment strategy. And yes, the data is crucial because we have demonstrated definitively, that there’s “gold to be mined” in that data. Should I keep my investments in these tech companies?”

Supply Chain Design Software 43

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 43

Conger

MAY 6, 2019

To eliminate waste without sacrificing productivity to improve customer value. When it comes down to applying lean strategies, it’s not so easy. That goes for the time wasting processes and the time saving processes alike.”. The whole purpose of Lean thinking is to identify and reduce waste.

Waste Reduction 40

Waste Reduction Inventory Reduction Material Savings Sourcing Strategies 40

Ship Monk

JUNE 30, 2023

Let’s start with some definitions. Fortunately, most metrics are tracked automatically, using various tools and software systems. The executive team’s challenge is to weigh the costs and benefits of each strategy, and decide which ones represent the greatest opportunities. That’s not the hard part.

eCommerce 52

eCommerce Inventory Reduction Manufacturing Procurement Procurement Analytics 52

Logistics Bureau

JANUARY 1, 2025

When successful, CPFR increases end-to-end supply chain efficiency and helps the participants to reduce costs associated with inventory management, logistics, and transportation. Inventory accumulated between dependent activities in the goods flow to reduce the need for completely synchronised operations. De-Coupling Stock.

Supply Chain Planning Software 76

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 76

Forto

JULY 25, 2018

The right strategy can propel the smallest of competitors through better, data-based decision making in international transport to the front of industrial battle lines. Experts disagree on the definition of Big Data. Instead of trying to pin down Big Data organization into a specific definition, taking a broad view is more effective.

Supply Chain Planning Software 40

Supply Chain Planning Software Data Optimization Software Modeling Software 40

Locus

JUNE 2, 2023

Effective inbound logistics management helps streamline production operations and reduce supply chain disruptions. Inbound Logistics Outbound Logistics Definition The process of managing and controlling the flow of raw materials, goods, and supplies from suppliers to the organization’s facilities. What is outbound logistics?

Optimal Sourcing 52

Optimal Sourcing Outbound Optimization Software Inbound 52

WorkWave

AUGUST 27, 2019

In addition to motor-driven equipment, you will also need manual tools and lawn supplies like: Rakes Shovels Garden shears and clippers Yard waste disposal bags and containers Protective gear Eye protection Ear protection Gloves Hard hats Mulch Grass seed Sod And filler soil.

How To 45

How To Procurement Solutions Purchasing Skills Purchasing 45

Ship Monk

JULY 31, 2023

Types of Products That Go through Reverse Logistics Expanding on the above definition, there are five situations where a reverse logistics process is activated. MonkProtect also drastically reduces manual labor for ecommerce businesses by processing these claims quickly and only requiring review of special cases.

Reverse logistics 52

Reverse logistics Logistics Network Optimization Software eCommerce Disposal 52

Ship Monk

OCTOBER 10, 2023

Omnichannel fulfillment services are definitely not one size fits all, as every ecommerce brand is unique and has its own special needs. These tech tools ShipMonk employs have resulted in 4X faster pick times than the average 3PL and 99.9% order packing accuracy.

Procurement Solutions 64

Procurement Solutions Logistics Network Optimization Software Optimization Software eCommerce 64

Conger

FEBRUARY 8, 2024

Eliminates Potential Downtime Refurbishing eliminates the potential downtime and worries resulting from buying a used machine “as is.” In other applications, such as warehouses and waste handling sites, it is not uncommon for a forklift to run well after 15,000 hours without changing the engine/transmission.

Cost Reduction 52

Cost Reduction Purchasing Skills Eliminating Excel in Purchasing Material Savings 52

Conger

FEBRUARY 8, 2024

Eliminates Potential Downtime Refurbishing eliminates the potential downtime and worries resulting from buying a used machine “as is.” In other applications, such as warehouses and waste handling sites, it is not uncommon for a forklift to run well after 15,000 hours without changing the engine/transmission.

Cost Reduction 52

Cost Reduction Purchasing Skills Eliminating Excel in Purchasing Material Savings 52

Conger

FEBRUARY 8, 2024

Eliminates Potential Downtime Refurbishing eliminates the potential downtime and worries resulting from buying a used machine “as is.” In other applications, such as warehouses and waste handling sites, it is not uncommon for a forklift to run well after 15,000 hours without changing the engine/transmission.

Cost Reduction 52

Cost Reduction Purchasing Skills Eliminating Excel in Purchasing Material Savings 52

The Logistics Academy

AUGUST 21, 2016

The result is reduced inventory and improved performance. From a lean view, this is waste. Value stream mapping of the supply chain is an excellent tool to find time compression opportunities and reliability improvement. It does not expand the definition of end-to-end supply chain management, it actually performs it.

Supply Chain Design Software 40

Supply Chain Design Software Supply Chain Software Supply Chain Design Supply Chains 40

Automotive Logistics

JANUARY 29, 2018

The use of such systems is governed by differences in strategies and legacy IT systems at manufacturers, some of which may drive whether companies turn to external providers’ systems or oversee a system internally. That said, it does not affect the systems as such – it is more as a result of a business rule definitions setting,” she adds.

Outbound 28

Outbound Supply Chain Planning Software Supply Chain Design Software Manufacturing Procurement 28

Ship Monk

MARCH 14, 2023

Do you gather dead batteries in a bag until you can get them to a proper eco-waste center? If you answered yes to any of these questions, you’re a person who cares about the environment and minimizing waste. Do you carefully unwrap presents with the hope of reusing that same paper on a future gift? What is Eco-Friendly Packaging?

Material Savings 52

Material Savings eCommerce Packaging Ordering 52

Ship Monk

MARCH 14, 2023

Do you gather dead batteries in a bag until you can get them to a proper eco-waste center? If you answered yes to any of these questions, you’re a person who cares about the environment and minimizing waste. Do you carefully unwrap presents with the hope of reusing that same paper on a future gift? What is Eco-Friendly Packaging?

Material Savings 52

Material Savings eCommerce Packaging Ordering 52

Now, That's Logistics

MARCH 12, 2018

The technology provides a way to efficiently and securely monitor all steps of a process, such as transporting a product throughout the supply chain, sharing data among participants in the chain, and reducing inspection steps. With 3D printing, production can be immediately increased or reduced, according to demand. 3D Printing.

Logistics Network Optimization Software 68

Logistics Network Optimization Software Supply Chain Software Modeling Software Material Savings 68