Logistics Viewpoints

JANUARY 16, 2025

AWS , Google , and Microsoft are also investing heavily in custom AI chips to reduce their dependence on NVIDIA and optimize performance and cost. Nvidias Jetson Orin Nano Super Developer Kit is a new compact generative AI supercomputer that is designed to provide increased performance at a lower price. billion in funding.

Modeling Software 119

Modeling Software Supply Chain Design Software Optimization Software Supply Chain Planning Software 119

GlobalTranz

APRIL 20, 2021

Whether it’s a pandemic, severe weather events, trade disputes and tariffs, economic upheaval, or even unexpected surges in customer demands, you can’t prepare for every eventuality. Large companies with a supply chain risk strategy already in place couldn’t fully cope with the impact of the pandemic.

Supply Chain Planning Software 115

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 115

GlobalTranz

DECEMBER 5, 2018

For example, a black swan event may include both the physical damage and ongoing disruption caused by a hurricane and subsequent bottlenecks, so shippers that know how to isolate the causes of poor visibility and areas that are likely to contribute to worsening of black swan events can effectively reduce their chances of coming to fruition.

Price Reduction 67

Price Reduction Resource Reduction Cost Reduction Inventory Reduction 67

Logistics Bureau

MAY 31, 2016

When customers step up pressure on prices and when economic growth flattens or dips, a supply manager’s mind turns to cost reduction. Or rather, it turns even more to cost reduction, as squeezing out savings that then show up directly on the bottom line is a goal that never goes away. Elimination of redundant activities.

Cost Reduction 53

Cost Reduction Inventory Reduction Material Savings Expense Reduction 53

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

Turvo

DECEMBER 21, 2021

This year’s increased COVID-19 instances, extreme weather events, and Suez Canal closure increased the difficulties. Staff in Shanghai Pudong, for example, were required to work for seven days, quarantined at a hotel for seven days, and then quarantined at home for seven days more. Global chip shortages.

Events 82

Events Supply Chain Software Supply Chains Logistics Network Optimization Software 82

Stord

MARCH 5, 2019

Another company, Packsize, explained how its On Demand Packaging eliminates waste and saves customers money. For example, speakers from Walmart and Best Buy shared how they they gained better freight visibility and created a shorter returns cycle.

Conference 78

Conference Waste Reduction Optimal Sourcing Resource Reduction 78

MTS Logistics

APRIL 14, 2021

For years, shipping companies have been consolidating with alliances or mergers so that they have some kind of control over capacity and pricing. This is due to the fact that pressure is taken off with supply cuts. Recent events have proven these shipping bottlenecks to be a large-scale issue with many effects.

Price Reduction 98

Price Reduction Cost Reduction Cargo Examples 98

Logistics Viewpoints

JANUARY 18, 2024

This ensures the secure, high-capacity, and bi-directional transfer of essential information such as master data on products, customers, production-distribution infrastructure, transactional data on sales, inventory status and position, transportation execution data, external data e.g. competitor pricing, weather, recommendations, action triggers.

Supply Chain Software 131

Supply Chain Software Supply Chain Planning Software Supply Chain Design Software Supply Chain Design 131

Logistics Viewpoints

JANUARY 26, 2021

Geopolitical events. Fifty-two percent of respondents are working on individual digital projects but lack an overarching strategy that links all these efforts. A Positive Example. In just minutes, BD was able to see and manage the delivery and order-fulfillment challenges created by this unforeseen event, in real-time.

Supply Chain Software 119

Supply Chain Software Definition Supply Chain Planning Software Supply Chains 119

Freightos

OCTOBER 26, 2020

Oil prices tanked, cancellations increased and Maersk drilling and supply chain services would run up nearly $2 billion dollars in annual losses. So three months after an executive meeting on June 23rd , an updated strategy was released, tracking a radical shift into a slimmer Maersk, focused on providing end-to-end logistics services.

Logistics Network Optimization Software 134

Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Design Software Price Reduction 134

Logistics Viewpoints

DECEMBER 7, 2022

Fuel prices and a shortage of drivers are putting transport logistics under immense pressure. Add to that the rising fuel prices and inefficiencies – Eurostat has found that every fifth journey is an empty truck – and the transport industry is facing major challenges which must be addressed as quickly as possible.

Data 130

Data Logistics Network Optimization Software Optimization Software Supply Chain Software 130

Logistics Viewpoints

FEBRUARY 17, 2023

The initiative involves placing RFID tags on packages and wearable devices on employees to eliminate manual scans, reduce misloads, and accelerate parcel throughput in the delivery giant’s warehouses. The booming shopper interest in sustainability is having a major influence on supermarket operating strategies. buildings.

Supply Chain Planning Software 111

Supply Chain Planning Software Logistics Network Optimization Software Cost Reduction Waste Reduction 111

WorkWave

JULY 31, 2019

By pairing a solid organic social content strategy with a full-funnel social advertising strategy, you will gain much greater value and be able to tie efforts to actual ROI. Put this code on every single page of your website and add a lead event tracking code to all of your thank you pages, as well as any other relevant events.

Waste Reduction 58

Waste Reduction Price Reduction Strategy How To 58

Logistics Viewpoints

NOVEMBER 8, 2022

Let us take the example of direct materials, i.e., materials that are used as components in making a finished product, such as a hard drive or RAM in a personal computer. Now, the suppliers themselves may get creative with offerings such as: Volume discounts / tiered pricing. Digitalizing sourcing (i.e.,

Optimal Sourcing 115

Optimal Sourcing Sourcing Strategies Material Savings Supply Chain Software 115

Logistics Viewpoints

APRIL 7, 2022

As an example, a major retailer whose market presence is in the Americas realized that several of their shipments that originate in China pass through Russia to make their way to the west and are now subject to shipment backlogs. Now, these shipments are being shifted to ocean and air, radically reducing rail shipments.

Supply Chain Design Software 129

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 129

Logistics Bureau

JANUARY 25, 2025

1: From Support Role to Centre Stage At the point of sale, customers today enjoy an unprecedented degree of choice in the range, price, and quality of products on offer, primarily due to the development of mobile technology, connectivity, and platform-based commerce.

Supply Chain Planning Software 70

Supply Chain Planning Software Supply Chain Software Modeling Software Supply Chains 70

Logistics Viewpoints

DECEMBER 14, 2023

Integrating external factors like consumer price indexes, GDP trends, climate change, and others into the forecast can improve signaling for supply chain design. By identifying these gaps, you can create sourcing events to close them. <br>- Organize sourcing events to address gaps.

Supply Chain Design Software 130

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Optimal Sourcing 130

AIMMS

FEBRUARY 3, 2020

This promises to be a very eventful year. Moving past waste, water, and C02 reduction, they have begun searching for renewable energy sources, different forms of packaging, and increased efficiency overall. Pepsi announced that they are aiming to cut 20% of their emissions by 2030 and their U.S. Sustainability on the agenda.

Supply Chain Planning Software 103

Supply Chain Planning Software Supply Chain Software Scenario Planning Supply Chains 103

Logistics Bureau

DECEMBER 4, 2023

Inventory management is a crucial aspect of supply chain management, and effective strategies can help businesses reduce costs, improve customer service, and increase profits. But what does a great inventory management strategy look like? At that point, each SKU will be taken to any convenient storage location in the warehouse.

Inventory Reduction 75

Inventory Reduction Eliminating Excel in Purchasing Inventory Waste Reduction 75

Logistics Viewpoints

APRIL 4, 2024

In this blog, I will discuss the use of AI/ML demand planning for fresh products to help maximize sales and reduce waste. Another example of data normalization is accounting for lost sales due to stockouts or waste of perishable products due to overstocking of inventory.

Scenario Planning 126

Scenario Planning Supply Chain Planning Software Supply Chain Software Supply Chain Design Software 126

WorkWave

AUGUST 25, 2022

Targets will help you create a more direct and effective strategy and ensure that you’re not wasting time or resources on unrelated efforts. With analytics tools such as Google Analytics, you can better define which marketing strategies produce conversions (signups or sales) and revenue for your HVAC business. Easy Website Navigation.

Resource Reduction 52

Resource Reduction Waste Reduction Cost Reduction Sourcing Strategies 52

Logistics Viewpoints

JUNE 8, 2022

At that time, I wrote about the COVID pandemic, and how similar events occur that elevate the uncertainty of the market. These events make accurate forecasting very difficult. For example, interest rate hikes tend to deter lower priority investments and those that require debt financing. Review of Prior Impactful Events.

Scenario Planning 126

Scenario Planning Analysis Events Purchasing Skills 126

GoShip Blog

MAY 26, 2022

Fuel is one of the major driving forces in the economy, so a price change will cause economic ripple effects far from the gas pump. Businesses of all sizes require fuel and are, therefore, affected by an increase or decrease in its price. Why do fuel prices fluctuate? What rising fuel prices mean for your small business.

Price Reduction 52

Price Reduction Purchasing Skills Expense Reduction Cost Reduction 52

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. For example, a carrier’s fuel surcharge may vary from week to the next.

Negotiating Skills 49

Negotiating Skills Price Reduction Cost Reduction Waste Reduction 49

ShipLilly

NOVEMBER 13, 2019

Some carriers find themselves reviving old pricing tricks to surf this problem, despite capacity withdrawals and increased vessel utilization rates. There is a severe issue of rate-cutting happening which means that shipping lines won’t realize the full benefit of any capacity reductions going forward. Industry standards.

Price Reduction 54

Price Reduction Cost Reduction Capacity Freight 54

GlobalTranz

AUGUST 9, 2016

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. The are the 8 Rights of Lean Transportation thinking: Right Materials, Right Quantity, Right time, Right Place, Right Source, Right Price, Right Quantity, and.

Waste Reduction 53

Waste Reduction Cost Reduction Inventory Reduction Price Reduction 53

Logistics Viewpoints

AUGUST 16, 2021

Third-party data – One example of the advantage of this category concerns third-party forecast data. Network analytics – A good example of this occurs with public cloud transportation management systems (TMS). The carrier responds that they can take the load, or not, and the price of the move.

Supply Chain Planning Software 122

Supply Chain Planning Software Supply Chain Software Supply Chains Digital 122

GlobalTranz

MAY 21, 2015

Many manufacturers & retailers have found that they can use state of the art supply chain management to reduce inventory & warehousing costs while speeding up delivery to the end customer. Managers should ensure that a firm’s transportation strategy supports its competitive strategy. Living things are always changing.

Supply Chain Planning Software 100

Supply Chain Planning Software Supply Chain Software Cost Reduction Supply Chains 100

GlobalTranz

JULY 9, 2015

Throughout this time, 3PL transportation management providers have taken advantage of the low-costs of transportation, which further reduced the costs for businesses and manufacturers. Furthermore, you can prepare for the change by understanding what 3PLs can do to help attempt to maintain lower prices of transportation.

Price Reduction 102

Price Reduction Cost Reduction Trucking Resource Reduction 102

GlobalTranz

AUGUST 5, 2015

Let’s take a look into how RMAs function and some common examples of RMA policy. For example, a business may sell 1,000 items online or for remanufacturing companies who have core returns, and 25 percent of such items are sent it for returns due to a manufacturing defect. Common Examples of RMA Policy. Product Quality.

Resource Reduction 90

Resource Reduction Vendor Strategies Reverse logistics Cost Reduction 90

MTS Logistics

MAY 13, 2024

Secretary of Defense Robert Gates was the main guest at the event and had a different threat in mind. By switching to the route around South Africa, container prices jumped by almost 300% and stayed at that level for a period of time. One major example is semiconductors. I was at the TPM meeting back in early 2024.

Manufacturing Procurement 111

Manufacturing Procurement Price Reduction Military Analysis 111

Logistics Viewpoints

SEPTEMBER 21, 2021

According to Gordon, the MOPR (Minimum Operating Price Rule) that protects legacy fossil-fueled power plants from competition needs to be abandoned and replaced with the new ANOPR (Advance Notice of Proposed Rulemaking). It should be noted that this is a class of risk not generally considered in North America by supply chain professionals.

Supply Chain Planning Software 105

Supply Chain Planning Software Resource Reduction Supply Chain Design Software Price Reduction 105

Turvo

OCTOBER 21, 2021

What’s in the article: This blog covers the following topics : How the price rise has impacted businesses during the pandemic . Reason for the drastic increase in freight prices . Probable events that will lead to a downfall in freight prices. The price rises have been quadrupling drastically.

Freight 81

Freight Price Reduction Scenario Planning Cost Reduction 81

Trinity Logistics

JULY 22, 2021

There are a few more factors shippers should examine as they adjust their shipping strategies this produce season. For example, this year produce demand may be even higher because of states reopening and reducing restrictions at restaurants and other businesses. There’s also the price of fuel to consider. loads posted.

Capacity 138

Capacity Cost Reduction Price Reduction Vendor Strategies 138

Transporeon

JANUARY 25, 2018

In the case of an Amway multivitamin, for example, the company controls the process “from seed to supplement,” transporting raw materials to manufacturing sites in the U.S., Faster and more efficient processes enabled an early launch of the air bid, beating Q4 peak season price increases. We needed very little support,” says Clark. “We

Negotiating Skills 48

Negotiating Skills Manufacturing Procurement Cost Reduction Supply Chain Planning Software 48

Blue Grace Logistics

MARCH 13, 2018

With capacity being tight these days, partnering with the right 3PL will increases the chances that your time-critical shipments will be delivered on time and at a competitive price. For example, a company shipping high-value electronics, will want to check with their 3PL about security protocols. Door to Door deliveries.

Cost Reduction 48

Cost Reduction Price Reduction 3PL Supply Chain Planning Software 48