The Lean Thinker

JULY 2, 2024

Those groups came back from their experience with an visceral understanding that the status-quo wasn’t going to cut it in the face of the then newly emerging Airbus. Elimination of waste: Focus on adding value. “You guys are showing me how to run a business if I end up starting one.” Customer-driven.

Supply Chain Design Software 397

Supply Chain Design Software Price Reduction Supply Chain Planning Software Optimization Software 397

Stord

MAY 8, 2024

What is the biggest logistics challenge facing e-commerce/DTC & B2B companies this year and how can it be overcome? (And what should e-commerce/DTC & B2B companies be doing to get ahead of these challenges?) By fostering flexibility, it allows efficient adjustments in production and distribution.

Optimal Sourcing 158

Optimal Sourcing Supply Chain Planning Software Inventory Reduction Optimization Software 158

TransAudit

FEBRUARY 13, 2025

Companies that rely on reactive strategies risk falling behind, while those that prioritize resilience are better equipped to thrive. Lets explore the key elements of supply chain evolution, the challenges, and how to trade reaction for resilience. Cost Savings : Reduce inefficiencies and last-minute expenses.

Supply Chain Software 59

Supply Chain Software Supply Chain Planning Software Supply Chains Inventory Reduction 59

Logistics Bureau

JUNE 5, 2023

But do you know how to operate your fleet for the maximum economy? There are ways and means to reduce excess expenditure in fleet operation , and you can separate them roughly into three categories. Another asset-reduction strategy is to outsource your transportation for particular categories or locations.

Cost Reduction 91

Cost Reduction Purchasing Skills Price Reduction Waste Reduction 91

Logistics Viewpoints

NOVEMBER 22, 2022

Trucking companies need to manage many layers of safety and compliance, and while insurance is just one of them, it’s also among the most important and expensive. So, in an era of escalating costs, carriers need to always be on the lookout for ways to cut costs while maintaining proper and sufficient coverage.

Cost Reduction 115

Cost Reduction Expense Reduction Tips Trucking 115

Logistics Viewpoints

JANUARY 17, 2023

Despite their best efforts, current events and market dynamics caught up with them, leading to issues managing their suppliers and sourcing the materials needed for their products. To counter strong inflationary pressures of the past few years, banks and governments increased interest rates, making borrowing much more expensive.

Supply Chain Software 115

Supply Chain Software Optimization Software Optimal Sourcing Logistics Network Optimization Software 115

WorkWave

JULY 28, 2024

Studying competitors is an integral part of market research as it helps the medical courier business gain insights into their strengths, weaknesses, and overall strategies. RouteManager’s last-mile delivery software helps you cut fuel costs, increase revenue, and improve operations. Start Using RouteManager! GET A FREE DEMO 2.

Material Savings 93

Material Savings Optimization Software Logistics Network Optimization Software Cost Reduction 93

Blue Grace Logistics

FEBRUARY 29, 2024

Webinars Show Submenu Resources The Logistics Blog® Newsroom Whitepaper Case Study Webinars Indexes Search Search Adam White - February 29, 2024 LinkedIn Live Webinar On-Demand: Transportation Cost: The impacts & how to gain visibility to the right data What’s the Topic?

Cost Reduction 62

Cost Reduction Expense Reduction Resource Reduction Data 62

FourKites

DECEMBER 11, 2020

We’ll list some examples of inventory risks below, but generally speaking, inventory risk cost can be assessed as the probability of any event occurring which can damage or cause you to lose your investment in that inventory, coupled with the total value of potential lost goods. How to calculate inventory carrying cost.

Inventory Reduction 52

Inventory Reduction Cost Reduction Expense Reduction Resource Reduction 52

3PL Links

JANUARY 15, 2025

One effective approach is investing in storage systems, which integrate strategies and tools to simplify workflows and deliver better results. Its a cost-effective option for businesses aiming to reduce overhead expenses and benefit from expert logistics management. How to choose the ideal storage system?

Supply Chain Design Software 48

Supply Chain Design Software Optimization Software Modeling Software Optimal Sourcing 48

EazyStock

MARCH 17, 2021

In this piece, we’ll take a look at some of the top types of supply chain disruptions, the impacts that they have on your supply chain, how to mitigate whatever risk you can and finally how you can handle supply chain disruptions once they occur and come out on top. Black Swan Events. Types of Supply Chain Disruptions.

Supply Chain Planning Software 78

Supply Chain Planning Software Supply Chain Software Supply Chains Optimal Sourcing 78

GoShip Blog

MAY 11, 2021

Here we will talk about the peak season of shipping and how to prepare your logistics operations for it. Although it is hard to predict customer behavior and demand right now, analyzing your previous sales and operation strategy may help define mistakes and adapt your strategy to prevent those issues in the coming season.

Inventory Reduction 89

Inventory Reduction Expense Reduction Price Reduction Freight 89

Logistics Viewpoints

MARCH 24, 2025

One of the key approaches to simulating warehouse operations is based on employing discrete event simulation (DES) techniques and tools. Montazeri explained, is an approximate representation of how a physical system works in the real world. DES allows the modeling of complex warehouse operations at various levels of detail.

Modeling Software 62

Modeling Software Optimization Software Optimization Modeling Logistics Network Optimization Software 62

Logistics Bureau

JULY 10, 2018

While the development of a wholly demand driven supply chain (DDSC) might not be for every enterprise, there is no doubt that many can benefit from such as strategy. “In a world that’s changing really quickly, the only strategy that is guaranteed to fail is not taking risks.” ” – Mark Zuckerberg.

Supply Chain Planning Software 49

Supply Chain Planning Software Supply Chain Design Software Inventory Reduction Supply Chain Software 49

Conger

MARCH 28, 2024

These commercial vehicles are called fleets and are often one of the most expensive assets for a business. It helps in promoting safer driving practices and reducing breakdowns. One of the strategies to consider is adopting robust fleet management software, which enables businesses to automate and streamline fleet-related processes.

Optimization Software 72

Optimization Software Optimal Sourcing Expense Reduction Cost Reduction 72

World Food Programme Logistics

APRIL 22, 2020

How managing risks now helps reduce the cost of an emergency response in the future Story by Berhan Tsegaye Staff from REST (Relief Society of Tigray), a local NGO, distribute cash at pay-out events. Both behaviors reduce farmers’ ability to generate income in good seasons. Risk reduction ?—?building

Food and Agriculture 84

Food and Agriculture Expense Reduction Cost Reduction Resource Reduction 84

WorkWave

MARCH 3, 2022

Gain a Better Understanding of Your Current Off-season Expenses. Just like any other time of the year, your company will often have expenses during the off-season. The best way to obtain knowledge on your off-season expenses is through your expense reports. In certain cases, a company might still track expenses manually.

Cost Reduction 52

Cost Reduction Expense Reduction Inventory Reduction Price Reduction 52

WorkWave

MARCH 21, 2023

From developing your business plan to marketing strategies and pricing your services, there is much to consider when beginning this journey. Join us as we take a deep dive into how to start a pet-sitting business. With the right online strategy, you can build your reputation as a professional pet sitter that owners can trust.

How To 52

How To Price Reduction Expense Reduction Waste Reduction 52

GlobalTranz

MARCH 6, 2018

Traffic and congestion are expensive and annoying problems for any city and its people. By exchanging data wirelessly, our cars will soon be able to alert one another about delay-producing events and make adjustments without intervention. It seems to have been getting worse for a while , too. The answer? Map the curbs digitally.

Expense Reduction 67

Expense Reduction Cost Reduction Logistics Network Optimization Software White Paper 67

Logistics Business Magazine

AUGUST 26, 2020

Jim Roberts of Beaverswood considers how to mitigate risk as COVID-19 changes the face of industrial health and safety. Safety barriers and protectors can also help to reduce the severity of damage, and cost, to both infrastructure and vehicles in the event of a collision.

Expense Reduction 52

Expense Reduction Resource Reduction How To Waste Reduction 52

Logistics Business Magazine

NOVEMBER 6, 2024

Single people mark the occasion by spoiling and treating themselves to gifts and presents, but it wasn’t until Chinese eCommerce giant Alibaba chose the date to offer heavily discounted merchandise on its platform for 24 hours, starting at midnight on the 11th November, 2009, that Singles’ Day became a major commercial event.

Supply Chain Software 58

Supply Chain Software Automation Supply Chain Design Software Sorting 58

WorkWave

JULY 28, 2024

Studying competitors is an integral part of market research as it helps the medical courier business gain insights into their strengths, weaknesses, and overall strategies. RouteManager’s last-mile delivery software helps you cut fuel costs, increase revenue, and improve operations. Start Using RouteManager! GET A FREE DEMO 2.

Material Savings 59

Material Savings Optimization Software Logistics Network Optimization Software Cost Reduction 59

EazyStock

OCTOBER 20, 2020

There are hundreds of inventory control blog posts on how to organize warehouses, track goods and pick and pack efficiently. 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.

Inventory Reduction 98

Inventory Reduction Optimization Software Inventory Optimization Modeling 98

Stord

JANUARY 26, 2021

These connected warehouses and freight carriers provide the capacity necessary to execute on demand signals, significantly reducing the typical latency period between data science and procurement teams. They no longer need to source one-to-one solutions for multiple integrations, significantly reducing launch times.

Supply Chain Planning Software 78

Supply Chain Planning Software Supply Chain Software Modeling Software Logistics Network Optimization Software 78

Log-hub

OCTOBER 2, 2023

The best way to start is by enhancing awareness of data to achieve strategic commitment from top management and integrate it into the company’s strategy. When the data topic is firmly embedded in the strategy, everyone recognizes its importance, and resources are allocated.

Data 52

Data How To Resource Reduction Expense Reduction 52

Ship Monk

FEBRUARY 9, 2024

Accurate data forecasting requires accurate data, robust data analysis tools, and people who understand how to use them. Of course, the more data you need and the more sophisticated your methods are, the more expensive demand forecasting becomes. The amount of data available usually depends on the maturity of the product.

eCommerce 105

eCommerce Operations Inventory Reduction Modeling Software 105

WorkWave

MARCH 27, 2023

Hiring local employees can also help your business save on expensive recruitment costs. Work with community leaders to sponsor events where you can discuss your brand’s focus on the community. You can also develop marketing strategies that resonate with community members.

Expense Reduction 52

Expense Reduction Cost Reduction Resource Reduction Vendor Strategies 52

CH Robinson Logistics

JANUARY 14, 2021

Robinson and SAS, look to us for cutting-edge solutions that will help them succeed in the marketplace. As we continue to listen to the pain points within the industry, we are working together to create solutions that will enable shippers to reduce inventory, improve service, increase savings, and gain efficiencies. Reduce inventory.

Supply Chain Planning Software 66

Supply Chain Planning Software Supply Chain Software Optimal Sourcing Supply Chains 66

GlobalTranz

JUNE 30, 2015

Millennials have witnessed countless layoffs, periods of market instability, offshoring of manufacturing entities , and other significant events in their lives. Unfortunately, these events lead to one common issue: millennials do not view the manufacturing industry as previous generations did. Role of Social Media. From [link].

Ordering 108

Ordering Buyer Training Logistics Network Optimization Software Expense Reduction 108

GlobalTranz

JULY 14, 2015

The Internet of Things (IoT) seems to be popping up in more conversations throughout the entire supply chain , and more businesses have turned towards IoT experts for guidance on how to take advantage of its benefits. The Internet radically changed how the world communicates. The IoT Supply Chain with Robotics & Other Industries.

Supply Chain Software 103

Supply Chain Software Supply Chains Manufacturing Procurement Scenario Planning 103

Logistics Bureau

MAY 8, 2023

If your company has yet to go through such a process, you’re at risk of missing a golden opportunity to reduce logistics costs and improve service with outsourced freight management. That’s not to say outsourcing will be suitable for every company.

Negotiating Skills 52

Negotiating Skills Cost Reduction Resource Reduction Price Reduction 52

Logistics Bureau

OCTOBER 23, 2016

Equipment and technology intensive: The fresh supply chain operator must utilise specialised—and expensive— equipment and technology to prolong the freshness of produce and present it to consumers in the best possible condition. So how to tackle these challenges? Achieving Faster Fresh Supply Chains.

Supply Chain Design Software 71

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 71

Log-hub

MAY 22, 2024

In today’s complex and interconnected global economy, managing supply chains has evolved into a sophisticated discipline that requires advanced tools and strategies. Learn more by reading our Blog Post ”How to use AI for optimal stock levels” 2.2 AI can play an important role in inventory optimization.

Optimal Sourcing 52

Optimal Sourcing Optimization Software Material Savings Supply Chain Planning Software 52

Log-hub

MAY 22, 2024

In today’s complex and interconnected global economy, managing supply chains has evolved into a sophisticated discipline that requires advanced tools and strategies. Learn more by reading our Blog Post ”How to use AI for optimal stock levels” 2.2 AI can play an important role in inventory optimization.

Optimal Sourcing 52

Optimal Sourcing Optimization Software Material Savings Supply Chain Planning Software 52

GlobalTranz

OCTOBER 2, 2018

Instead of having periods of peaks and lulls, orders continue to flood the warehouse on an ongoing basis, and being able to incorporate incoming pick tickets into existing picking strategies can mean the difference between success and failure. Obviously, shippers are not all-powerful, and adverse events, like bad weather, do occur.

Tips 79

Tips Material Savings Vendor Strategies Cost Reduction 79

GlobalTranz

APRIL 17, 2018

However, that does not mean all shippers must face the challenges to ship parcel at their expense. Rather than giving up, shippers need to consider what Amazon and the big box giants have done right and apply these concepts as part of a robust parcel shipping strategy. Consider Event-Specific Labeling Guidelines.

Cost Reduction 60

Cost Reduction Material Savings Expense Reduction Negotiating Skills 60

Turvo

MAY 29, 2020

Few events carry the notoriety of black swans, and the COVID-19 pandemic is the most unprecedented and disruptive event to affect supply chains in decades. It’s not enough to simply know what happened; companies need to know how to apply information. It’s that simple.

Supply Chain Planning Software 53

Supply Chain Planning Software Supply Chain Software Supply Chains Scenario Planning 53