Remove Examples Remove Expense Reduction Remove Strategy
article thumbnail

Sourcing Strategy: Effective vs Efficient with Ron Crabtree

The Logistics of Logistics

Sourcing Strategy: Effective vs Efficient with Ron Crabtree. Joe Lynch and Ron Crabtree discuss sourcing strategy: effective vs efficient. When developing a sourcing strategy, the focus can be effectiveness (gaining desired results) or on efficiency (reducing cost, labor, and resources used). About Ron Crabtree.

article thumbnail

Transportation Strategies for Continued Success

Logistics Viewpoints

A TMS offers optimization capabilities across multiple modes to improve service levels and reduce freight spend. Below are some transportation strategies for success for suppliers of TMS, TES, and MTS. The last mile is the most difficult and most expensive part of the supply chain journey. Look to the Cloud. Invest in Last Mile.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The New Significance of a Logistics Strategy: Role, Success factors, and Integration

Logistics Viewpoints

Logistics strategy as an enabler of new business models. They promoted logistics to the level of core process and enabler of new business models and now view a thought-through logistics strategy as an opportunity to stand out by offering a better service level to their customers, such as same-day delivery. Automation as key for growth.

article thumbnail

Cost Reduction Strategies in Supply Chain: Guide

Logistics Bureau

If net profit on sales is 5%, for example, a reduction in supply chain costs from 9% to 4% (or from 12% to 7%) will double net profits. This is the big attraction and importance of cost reduction in a supply chain: profits can be increased without having to increase sales. The field for potential reductions is wide open.

article thumbnail

Resilience by Design: The Power of Simulation in Supply Chain Strategy

Logistics Viewpoints

That strategy can lead to thousands of scenarios, and still no number of scenarios will answer all questions. Another strategy is to dedicate resources and build the best algorithm for demand forecasting. For example, Colorado should be serviced by the plant in Texas in certain months and by the California plant during others.

article thumbnail

Ecommerce Delivery Providers with Nate Skiver

The Logistics of Logistics

Nate is he Founder of LPF Spend Management , which help parcel shippers create parcel shipping programs which reduce expense, while delivering a positive customer experience. Ecommerce carriers [recent market entrants]: Covers a range of operating models, examples include Pandion, X Delivery, AirTerra, Veho, The FrontDoor Collective.

eCommerce 328
article thumbnail

The Economics of Space Freight: Reducing Costs, Addressing Challenges, and Defining Future Logistics

Logistics Viewpoints

Despite these reductions, the industry faces complex economic, regulatory, and technological challenges that impact its scalability. Telecommunications, defense, and environmental monitoring are sectors benefiting from these cost efficiencies, though deep-space missions remain largely experimental and expensive.