Logistics Bureau

DECEMBER 7, 2024

As freight transportation costs continue to rise year-on-year, manufacturers, wholesalers, retailers and any other organisations that are part of a supply chain must think smarter about pushing down the cost of moving goods from A to B. Every shippers challenge in freight cost reduction is likely to be unique, but the following ten ideas might provide some inspiration when youre seeking ways to move more for less. 1.

Cost Reduction 93

Cost Reduction Expense Reduction Price Reduction Negotiating Skills 93

Food Logistics

DECEMBER 7, 2024

Unemployment in the transportation sector reached its highest level during the COVID-19 pandemic (15.7%) in May 2020 and July 2020, according to the Bureau of Labor Statistics.

Transportation 60

Transportation 60

Logistics Bureau

DECEMBER 7, 2024

Is it a good idea to reduce working capital in a supply chain? Yes, in general. On the face of it, working capital might sound like something youd want to increase. However, it corresponds to the amount of money you need to keep your supply chain working, so in reality, you want to decrease it without hurting supply chain performance, of course. To put a figure on working capital, it can be defined as current assets minus current liabilities.

Material Savings 68

Material Savings Inventory Reduction Cost Reduction Vendor Strategies 68

Logistics Bureau

DECEMBER 7, 2024

Supplier performance is critical to business success, yet it remains one of the most challenging aspects of supply chain management. Can you really manage supplier performance, or are you limited to simply monitoring and hoping for the best? The reality is that effective supplier management is achievable through strategic planning and consistent execution.

Tips 65

Tips Price Reduction Supply Chain Planning Software Vendor Strategies 65

Heico Sandee, CEO of Smart Robotics, explores how automation redefines warehouse culture. By shifting repetitive tasks to skill-based roles, automation improves safety, fosters collaboration, and makes warehousing more appealing to today’s workforce.

Automation