Logistics Bureau

DECEMBER 7, 2024

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. In these cases, customers can benefit too, by reducing the number of inbound shipments they need to handle.

Cost Reduction 97

Cost Reduction Expense Reduction Price Reduction Negotiating Skills 97

Talking Logistics

JULY 5, 2018

Develop a comprehensive truckload strategy so you’re prepared to handle just about anything. Building the right truckload strategy for your business. The key to a great truckload strategy is aligning capacity communities with attribute segments of your freight portfolio. Eliminate unnecessary empty miles and deadhead expenses.

Price Reduction 72

Price Reduction Expense Reduction Waste Reduction Cost Reduction 72

Logistics Bureau

JULY 21, 2017

At the next Logistics Bureau Free Executive Breakfast (which will take place in August), I’ll be discussing the alignment of supply chain and business strategy along with eight other important levers for supply chain performance improvement. The Failing Kmart Business Strategy. The first Kmart store opened way back in 1962.

Cost Reduction 68

Cost Reduction Inventory Reduction Price Reduction Vendor Strategies 68

Logistics Viewpoints

DECEMBER 2, 2021

Importers will look for near-term strategies to move their shipments away from congested trade lanes or process containers further inland to minimize the impact of lead time variability that has dramatically increased in 2021. Online buying will fuel home delivery growth, challenges and new strategies.

Waste Reduction 141

Waste Reduction Cost Reduction Inventory Reduction Resource Reduction 141

Logistics Viewpoints

JANUARY 31, 2022

A worldwide leader in light and sustainable construction, Saint-Gobain is present in 72 countries with more than 167,000 employees. It increases site productivity, reduces the usage of raw materials by up to 50%, but also leads to a more comfortable building. Compagnie de Saint-Gobain S.A. However, progress clearly is being made.

Material Savings 111

Material Savings Cost Reduction Price Reduction Expense Reduction 111

Material Handling and Logistics

JULY 29, 2018

While studies show that consumers want sustainable products, only 5%-10% will actually pay a price differential for that,” Sheffi says. Cutting energy costs is the poster child for this,” says Sheffi. “In Reducing energy costs often reduces GHG emission. Consumers won’t trade quality and performance for sustainability.”.

Sourcing Strategies 133

Sourcing Strategies Cost Reduction Price Reduction Material Savings 133

SYSPRO Smarter ERP

OCTOBER 18, 2021

Most manufacturing companies are working on what a low carbon future means for their business with the urgency to cut global CO2 emissions in half by 2030 and strive for a net-zero by 2050. For example, the manufacturing sector in Australia is one of the top three heaviest carbon emitters within the country.

Manufacturing Procurement 130

Manufacturing Procurement Optimal Sourcing Resource Reduction Supply Chain Planning Software 130

FreightWaves SONAR

APRIL 1, 2021

That gave rise to a new time pricing strategy, dimension (DIM) pricing. . Density plays a role in the form of dimensional pricing. DIM pricing considers cubic volume in addition to physical height, width and depth of packages as a factor for price calculations. Capture pricing data for LTL freight.

Negotiating Skills 98

Negotiating Skills Price Reduction Trends How To 98

WorkWave

DECEMBER 16, 2024

The integration of drone technology holds the potential to revolutionize how businesses approach pest management, presenting both opportunities and considerations. We will discuss case studies, future trends, and guidelines for businesses considering whether to invest in this cutting-edge technology.

Cost Reduction 52

Cost Reduction Resource Reduction Optimization Software Waste Reduction 52

CH Robinson Logistics

JUNE 10, 2021

In today’s market, knowing where to evaluate and adjust your LTL capacity strategies can feel overwhelming. But making faster, meaningful improvements to your LTL supply chain strategies and operations can be a seamless process that makes a positive impact on your business. Create a pick schedule that carriers value.

Cost Reduction 71

Cost Reduction Price Reduction Strategy Supply Chain Planning Software 71

Logistics Viewpoints

DECEMBER 7, 2021

Carrier capacity management strategies ease the crunch. Proactive shippers have used multi-carrier parcel shipping technologies and strategies to navigate rising carrier costs for years. Multi-carrier shipping strategies also need rules in place related to delivery time requirements, special conditions (hazmat, refrigeration, etc.),

Price Reduction 110

Price Reduction Cost Reduction Inventory Reduction Capacity 110

Logistics Bureau

DECEMBER 24, 2024

For example, companies that have their own in-house vehicle fleet often struggle to deliver products on time. Reduction in asset capital.Warehouses and vehicles are expensive to purchase or lease and can tieupmillions of dollars that could otherwise be invested in the core business of the firm. Flexibility andScalability.

Outsourcing 52

Outsourcing Warehousing Negotiating Skills Purchasing Skills 52

Freightos

JULY 8, 2024

By reducing the burden of repetitive tasks through AI, skilled workers can concentrate on customer engagement and solving critical issues, thereby enhancing client relationships and retention. “If For Solvo.ai, the dynamic nature of pricing freight presents its own distinct set of opportunities. That is a huge win.”,

Freight forwarding 112

Freight forwarding Price Reduction Industry Freight 112

Logistics Bureau

MAY 31, 2021

Let’s begin with a look at why, in general, retailers with multiple sales channels are more likely to experience difficulties in reducing cost-to-serve. For example: Compared to selling a product in-store, the cost to deliver that same item as a small parcel can be several times higher. Supplier and vendor pricing.

Cost Reduction 98

Cost Reduction Purchasing Skills Expense Reduction Inventory Reduction 98

Freightos

JULY 8, 2024

By reducing the burden of repetitive tasks through AI, skilled workers can concentrate on customer engagement and solving critical issues, thereby enhancing client relationships and retention. “If For Solvo.ai, the dynamic nature of pricing freight presents its own distinct set of opportunities. That is a huge win.”,

Freight forwarding 109

Freight forwarding Price Reduction Industry Freight 109

Blue Grace Logistics

AUGUST 3, 2021

Companies have the right to receive the best service and the best price from their suppliers, and the relationship between shippers and suppliers is a key component to a successful partnership. The importance of setting the tone of the relationship and being an example of what you expect. 5 Tips To Improve Supplier Management.

Maintainability 118

Maintainability Price Reduction Purchasing Skills Resource Reduction 118

Logistics Bureau

JUNE 15, 2016

Many articles on the topic of supply chain cost reduction have been written, most of which are understandably focused on issues such as inventory levels, network design, process efficiencies and supplier management/relationships. Support for sustainability (reduced waste generation).

Cost Reduction 49

Cost Reduction Material Savings Expense Reduction Waste Reduction 49

Stord

MARCH 5, 2019

Retailers are hungry for supply chain innovation Attendees flocked to the innovation showcase stage presentations on Tuesday afternoon to hear companies give five-minute pitches. Roadie presented its “on-the-way” delivery service that uses extra space in passenger vehicles for flexible shipment options.

Conference 78

Conference Waste Reduction Optimal Sourcing Resource Reduction 78

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

Logistics Bureau

NOVEMBER 30, 2020

A common conundrum for companies is how to reduce their freight costs, which due to a recovery in demand following the Covid-19 pandemic have skyrocketed. Reduce your dunnage. This article takes an in-depth look at each of these points and offers advice on how to meet the significant challenge of reducing freight costs.

Cost Reduction 69

Cost Reduction Negotiating Skills Price Reduction Material Savings 69

Logistics Bureau

SEPTEMBER 4, 2023

If your business is experiencing a persistent reduction in profit margins, analysing your cost to serve is an advisable step in diagnosing the causes. Process Performance What if the problem isn’t connected to products, customers, or pricing but lies instead with process performance? Are Your Profit Margins Declining?

Negotiating Skills 98

Negotiating Skills Purchasing Skills Cost Reduction Analysis 98

Logistics Viewpoints

APRIL 27, 2023

When you begin researching Warehouse Management System ( WMS ) software, you’re probably running into some difficulties in the budgeting process because pricing is not always readily available. Transitioning from legacy systems presents hurdles that add to the true cost. SaaS or cloud will also influence this pricing.

Supply Chain Planning Software 115

Supply Chain Planning Software Modeling Software Logistics Network Optimization Software Supply Chain Software 115

Logistics Viewpoints

FEBRUARY 29, 2024

UPS dominated business and trade headlines for a day in late January when the world’s largest package delivery company announced plans to cut 12,000 full- and part-time management jobs as part of a new initiative called “Fit to Serve.” What stood out even more was the “subhead” of UPS’ announcement. Emphasis mine.)

Supply Chain Planning Software 128

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Resource Reduction 128

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 Business Magazine

SEPTEMBER 23, 2022

For example, it is possible to run the DIN EN 16796 cycle with the new RXE 10- 16C in such a way that energy consumption is up to 17% lower than was possible with its predecessor, the RX 50 – despite the greater vehicle mass. Smart chargers reduce energy costs. However, more e-trucks also lead to more charging processes.

Presentation 58

Presentation Material Savings Sourcing Strategies Supply Chain Software 58

Logistics Business Magazine

MARCH 21, 2024

SICK’s Monitoring Box FTMg Premium is a digital and scalable service that can be used by production planners, energy managers and maintenance engineers to make compressed air cost savings of up to 30%, as well as to eliminate costly manual maintenance regimes. The data insights also contribute towards ISO50001 Energy Management certification.

Cost Reduction 52

Cost Reduction Expense Reduction Resource Reduction Waste Reduction 52

Trans Global Auto Logistics

SEPTEMBER 15, 2022

However, it’s important to remember two things when presented with such arguments. As a result, these global trade wars ultimately reduce international trade. While global trade wars do happen without the influence of war, they are another example of how wars affect the economy. How Wars Affect the Economy: Oil Prices.

Price Reduction 98

Price Reduction Cost Reduction Expense Reduction Material Savings 98

GlobalTranz

DECEMBER 7, 2016

For example, the Cerasis Rater enables B2B sales by allowing other B2B partners to request automatically reorders, retrieve freight rates and offer e-commerce fulfillment and shipment. Mostly, this goes back to finding the best product possible at the lowest possible price. . Pricing Models Are Subject to the “Amazon Standard.”.

Manufacturing Procurement 87

Manufacturing Procurement Modeling Software Logistics Network Optimization Software Price Reduction 87

WorkWave

MARCH 26, 2024

Let’s delve into this topic to understand its significance and explore strategies for optimizing delivery routes to enhance customer satisfaction. By minimizing fuel consumption, reducing vehicle wear and tear, and optimizing driver schedules, businesses can cut down on operational costs associated with logistics.

Optimization Software 105

Optimization Software Optimization Logistics Network Optimization Software Cost Reduction 105

Logistics Viewpoints

JUNE 27, 2024

To help companies make sound decisions that favor their present and future financial health, it is essential to use advanced management techniques and methods, collectively known as supply chain management (SCM). However, reality is full of complex challenges and constant dilemmas.

Supply Chain Software 115

Supply Chain Software Supply Chains Trends Logistics Network Optimization Software 115

Logistics Viewpoints

DECEMBER 14, 2023

Now more than ever, organizations must prepare their supply chain for the present and the unknown challenges and opportunities in the future. Integrating external factors like consumer price indexes, GDP trends, climate change, and others into the forecast can improve signaling for supply chain design.

Supply Chain Design Software 130

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

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

Freightos

JUNE 17, 2024

Third-party platforms reduce these upfront costs by providing access to state-of-the-art AI tools and technologies on a “pay per drink” subscription basis. For a young startup, it’s a small price to pay for the out of the box functionality, which has taken nearly 10 years to develop so far.

Modeling Software 119

Modeling Software Optimization Software Logistics Network Optimization Software Cost Reduction 119

Logistics Bureau

OCTOBER 11, 2024

The Changing Role of Procurement Highly successful organisations often see their Chief Procurement Officers (CPOs) proactively driving global procurement strategy, sharing responsibilities with COOs and CFOs on value creation initiatives, and deploying global resources to achieve the ultimate supply chain targets.

Manufacturing Procurement 98

Manufacturing Procurement Optimal Sourcing Procurement Solutions Procurement Analytics 98

The Lean Thinker

DECEMBER 21, 2017

If you choose to buy the book, I get small affiliate kickback that doesn’t affect the price you pay. On the one hand, the practice has become more sophisticated as people explore and learn application in contexts other than the original industrial examples. A Bit of History: Toyota Kata has Evolved. Check Equipment Capacity.

Material Savings 236

Material Savings Examples Resource Reduction How To 236

ShipLilly

JULY 28, 2021

The industry has had to contend with equipment shortages and customers are complaining about reduced reliability in terms of scheduling. For example, reliability for ferrying and picking up cargo on time is standing at as low as 5%. This ought to be an active strategy that relies on information flows from the sector.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Software Supply Chains Expense Reduction 98

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