GoShip Blog

MARCH 2, 2021

Well-organized inventory management is a must-have for a successful retail strategy. Considered an ongoing struggle for sustainable manufacturing and supply chain management, overstocking and keeping deadstock is definitely not a bonus to any company. The more deadstock you have, the more money that is wasted.

Inventory Reduction 98

Inventory Reduction Waste Reduction Expense Reduction Price Reduction 98

Logistics Bureau

JANUARY 7, 2020

The definition above is not from any textbook, but is one that I am sure you will agree, describes a state of affairs that any corporate leader or business owner would be happy to attain. . Supply Chain Strategy. A properly designed supply chain strategy is an enabler for achieving commercial goals and consequently, corporate success.

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Supply Chain Design Software Supply Chain Design Inventory Reduction Cost Reduction 111

Logistics Bureau

NOVEMBER 2, 2020

One way to tell if a CSR programme is simply a marketing strategy is to check the length of the project. I like to quote the following definition of CSR , offered by Chatham House associate fellow, Paul Hohnen. The company’s pledge to reduce its carbon impact has seen it being named a World Wildlife Fund Climate Savers Partner.

Waste Reduction 98

Waste Reduction Resource Reduction Supply Chain Design Software Supply Chain Planning Software 98

Logistics Viewpoints

SEPTEMBER 13, 2023

As a result, supply chains continue to be wasteful when looking at time, inefficiencies, and emissions. C-Suite Themes For the C-Suite, there are three main themes where supply chains make a definitive impact: increased customer retention, revenue growth, and lower costs.

Supply Chain Planning Software 123

Supply Chain Planning Software Waste Reduction Optimal Sourcing Supply Chain Software 123

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

GlobalTranz

AUGUST 9, 2016

“ The most dangerous kind of waste is the waste we do not recognize ”: Shigeo Shingo. Lean thinking focuses on the elimination of all waste (where waste is defined as any non-value added process) and bringing value to the customer , beyond the customer’s expectations. Try to recognize all of your wastes.

Waste Reduction 53

Waste Reduction Cost Reduction Inventory Reduction Price Reduction 53

Logistics Bureau

OCTOBER 2, 2016

The definition above is not from any textbook, but is simply one that I’m sure you’ll agree, describes a state of affairs that any corporate leader or business owner would be happy to arrive at. Supply Chain Strategy. So if you want to be sure of business success, review your supply chain strategy.

Supply Chain Design Software 99

Supply Chain Design Software Supply Chain Design Inventory Reduction Cost Reduction 99

Bringg

APRIL 18, 2021

With consumers today showing a preference for retailers and brands that work to reduce their impact on the environment, green logistics is more than a talking point – it’s a growing imperative. . Digitization can be used to eliminate the paper trail, and reduce energy consumption through alternative fuels and increased efficiencies.

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Green logistics Cost Reduction Waste Reduction Tips 62

Ship Monk

APRIL 28, 2023

In addition to satisfying conscientious consumer demand, eco-friendly efforts can benefit your ecommerce business by reducing waste within your company and improving operational efficiencies. Translation: these ecommerce businesses have operating standards that minimize or reduce negative impact on the planet.

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eCommerce Waste Reduction How To Material Savings 97

Logistics Viewpoints

APRIL 30, 2021

Watching the commercial definitely made me feel nostalgic for the good old days of 80’s cartoon mascots. Governments and companies taking part will pay countries with tropical and subtropical forests for emissions reductions, a move it hopes will help reduce and eventually end deforestation.

Logistics Network Optimization Software 123

Logistics Network Optimization Software Supply Chain Planning Software Waste Reduction Cost Reduction 123

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?

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Reverse logistics Supply Chain Planning Software Material Savings Inventory Reduction 64

Logistics Bureau

FEBRUARY 4, 2025

If youd like to improve your knowledge and understanding of lead time in the supply chain, youll find a wealth of information packed into this brief post, and learn why lead time management is essential to improve customer satisfaction, optimise your inventory, and reduce your supply chain costs. What is Lead Time and Why Does it Matter?

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Supply Chains Manufacturing Procurement Inventory Reduction Scenario Planning 49

Talking Logistics

DECEMBER 19, 2018

If you do an online search for “digital transformation definition,” you get about 133 million results, including the following examples: Digital transformation is the application of digital technologies to fundamentally impact all aspects of business and society (Source: InfoWorld ). Source: CIO ).

Digital 81

Digital Optimization Software Optimal Sourcing Logistics Network Optimization Software 81

Conger

JULY 28, 2022

Looking for a private warehousing definition? Now that we’ve covered private warehouses, let’s give a public warehouse definition. It eliminates the need for separate warehousing or another facility for storage. Because they help reduce waste by consolidating all items going to specific geographic areas.

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Examples Definition Supply Chain Design Software Supply Chain Software 52

GlobalTranz

NOVEMBER 10, 2015

However, costs can be further reduced through the use of a warehouse management system (WMS). For example, reducing excessive safety stock allows a warehouse to minimize number of reorders, reduce wasted space, and avoid issues in shipping errors. This includes improving processes in inventory management and saving space.

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Supply Chain Planning Software Optimization Software Inventory Reduction Cost Reduction 90

3PL Links

DECEMBER 10, 2024

This article will provide a detailed reference to LTL shipping, including the definition of LTL, shipping prices, delivery method, and how to manage your LTL shipment to the fullest. Shipping a truck at half or less of its load capacity wastes space, time, and money. What is LTL freight? Such as electronics and precision devices.

Optimal Sourcing 62

Optimal Sourcing Purchasing Skills 3PL Price Reduction 62

GlobalTranz

NOVEMBER 9, 2016

The definition of the IoT sums it up; it is “a network of dedicated physical objects that contain embedded technology to sense or interact with their internal state or external environment.”. Additional technologies embedded in delivery vans or trucks is reducing fuel waste and improving driver efficiency. Warehouse Management.

Manufacturing Procurement 98

Manufacturing Procurement Supply Chain Software Supply Chains Logistics Network Optimization Software 98

Logistics Business Magazine

NOVEMBER 21, 2018

David Coleman, Operations Director at HSM UK, discusses why environmental technology is an effective answer for organisations handling significant volumes of waste material. Warehouses, distribution centres and other large packaging waste producers often face the seemingly impossible task of maximising storage space.

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Waste Reduction Waste Material Savings Resource Reduction 32

GlobalTranz

JUNE 22, 2015

Here we discuss the purpose and definition of each category, and provide examples from Toyota’s factories and service oriented companies. In the concept of mieruka, no effort is wasted in providing as much information essential as possible at one glance. Definition: helps you to know what something is. Informative.

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Examples Definition Waste Reduction Logistics Network Optimization Software 94

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

Shipping and Freight Resource

NOVEMBER 17, 2021

Latest release of DCSA’s Just-in-Time Port Call Programme provides interface standards and API definitions for all 50 port call event timestamps. To provide a global industry framework that preserves investments, DCSA collaborated with ITPCO¹ and IMO² to align port call data definitions to existing standards. About DCSA.

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Optimal Sourcing Sourcing Strategies Definition Tracking and Tracing 84

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

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

Logistics Business Magazine

JULY 13, 2018

David Coleman, Operations Director at HSM UK, discusses why environmental technology is an effective answer for organisations handling significant volumes of waste material. Warehouses, distribution centres and other large packaging waste producers often face the seemingly impossible task of maximising storage space.

Waste Reduction 28

Waste Reduction Waste Material Savings Resource Reduction 28

GlobalTranz

SEPTEMBER 8, 2017

In its definition, a real or true digital supply chain management goes beyond the conventional hybrid system and makes use of connectivity, system integration and the information-producing capabilities of its key components. In essence, digital supply chains aim to minimize waste and bring greater profits, whilst being truly efficient system.

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Supply Chain Software Supply Chains Digital Waste Reduction 83

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

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

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

Logistics Viewpoints

AUGUST 7, 2023

The result is that plastic trash has few markets, and the economics support a take-make-waste model more than a true circular economy. The research is not definitive. Pepsi vs. Coke and PET Sustainability: Pepsi Wins Pepsi’s target metrics include cutting virgin plastic from non-renewable sources per serving 50% by 2030.

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Procurement Analytics Purchasing Skills Waste Reduction Cost Reduction 97

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

World Food Programme Logistics

OCTOBER 15, 2019

To mark World Food Day, which shines the spotlight on the issue of food waste, I sit over a coffee with WFP’s packaging expert Carole Manceau. and waste?—?which Manceau explains: “When food is lost or wasted, all of the natural resources and energy that went into producing, processing, transporting and distributing it are also wasted.

Waste Reduction 40

Waste Reduction Waste Packaging Optimal Sourcing 40

Logistics Viewpoints

OCTOBER 7, 2022

The company created Project Gigaton in 2017 to engage suppliers and other stakeholders up and down the supply chain to reduce carbon emissions. The goal is to reduce or avoid one billion metric tons (a gigaton) of greenhouse gasses from the global value chain by 2030.

Logistics Network Optimization Software 104

Logistics Network Optimization Software Supply Chain Design Software Vendor Strategies Procurement Analytics 104

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

FreightWaves SONAR

MARCH 2, 2021

Ongoing wasted resources. You’ll definitely lose money if you cannot keep your customers happy by delivering their products, so poor carrier diversity puts you in a lose-lose position.” Generate stronger, more proactive carrier pricing strategies based on near-real-time data insights . It’s that simple.

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Analysis Price Reduction Cost Reduction Supply Chain Planning Software 98

Logistics Business Magazine

JANUARY 20, 2022

With capacity constraints, ecommerce growth and driver shortages creating dilemmas for many as well as the increased focus from the industry on environment and machine learning, it was a year that was definitely not without its tests. Keeping drivers driving and reducing stress will be the top retention priorities.

Supply Chain Planning Software 51

Supply Chain Planning Software Supply Chain Software Supply Chains Price Reduction 51

The Logistics Academy

JANUARY 30, 2017

Instead, producers, distributors, and retailers should use data-driven analysis to ensure inventory is available and correctly positioned for orders to be fulfilled properly and to eliminate out-of-stocks. Shippers should identify where they waste time during fulfillment, and implement products and processes to increase its speed.

Supply Chain Design Software 40

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 40

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