Logistics Bureau

OCTOBER 11, 2024

The time when Procurement was almost a synonym to Purchasing has long gone. It all depends on an organisation’s maturity in skill, infrastructure and culture. What skill sets are required for the next generation of procurement leaders? Instead, it should be an information exchange virtual platform.

Manufacturing Procurement 98

Manufacturing Procurement Optimal Sourcing Procurement Solutions Procurement Analytics 98

Logistics Bureau

DECEMBER 24, 2024

Warehousing and distribution management is nota core skill. Related to the core skill issue, often organisations that have a strategic focus other than in transport or warehousing, cannot attain the desired performance levelsand key performance indicators (KPIs) required by their customers. But what about cost of service?

Outsourcing 52

Outsourcing Warehousing Negotiating Skills Purchasing Skills 52

Logistics Viewpoints

MARCH 3, 2025

What Celanese has accomplished is the single best example ARC is aware of employing agentic AI and copilots at scale. He also spoke at the ARC forum in 2023, and this article is based on that presentation as well. These agents can communicate, negotiate, and collaborate to solve complex problems. Celanese is an exception.

Packing 75

Packing Supply Chain Design Software Negotiating Skills Supply Chain Planning Software 75

Logistics Bureau

NOVEMBER 14, 2018

Too much leads to resources being monopolised on gathering tons of data and a subsequent risk of “paralysis by analysis” Cost to Serve (CTS) is an approach that helps you avoid both extremes. How Much Does It “Cost to Serve” Your Customer? It costs you a certain amount to make a product. Sales organisation costs.

Purchasing Skills 93

Purchasing Skills Cost Reduction Supply Chain Planning Software Supply Chain Design Software 93

Logistics Bureau

MAY 31, 2021

If yours is one of those businesses shifting from traditional to online retail, you’ve probably faced some of the logistical challenges arising from the need to deliver your customers’ purchases to them. Perhaps you haven’t had much opportunity, amid the turmoil, to consider the cost to serve your online customers.

Cost Reduction 98

Cost Reduction Purchasing Skills Expense Reduction Inventory Reduction 98

3PL Links

JANUARY 8, 2025

Image source: iStocks | The Ultimate Guide to Fleet Management: Strategies to Control and Optimize Your Processes Investing in a fleet management system results in an improvement in internal processes, which directly reflects the quality of the service provided to the end customer.

Optimal Sourcing 62

Optimal Sourcing Cost Reduction Resource Reduction Expense Reduction 62

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. Select Your Supplier Carefully.

Maintainability 118

Maintainability Price Reduction Purchasing Skills Resource Reduction 118

Logistics Bureau

JUNE 5, 2023

If your company operates a distribution fleet, you’ll know that the costs of running trucks for customer deliveries are continually increasing. In this post, we’re sharing our top tips for cost reduction in each of these three areas, so let’s get to it, beginning with truck expenditure.

Cost Reduction 91

Cost Reduction Purchasing Skills Price Reduction Waste Reduction 91

GlobalTranz

JANUARY 21, 2015

As a supply chain director, manager, or boss of a multinational corporation, where the supply chain is an integral part of your business, supply chain cost reductions are always at the forefront of your team’s mind. Vendor Managed Inventory Model for Supply Chain Cost Reductions. What is Reverse Marketing?

Vendor Strategies 96

Vendor Strategies Inventory Reduction Cost Reduction Waste Reduction 96

Logistics Bureau

JANUARY 3, 2025

Transportation options: Costs and lead times for each available transportation mode. Transportation costs: Freight rates, fuel and labour costs, and other transportation expenses. Fixed costs: Distribution centre fixed costs, such as rent, utilities, and equipment. Inventory turnover: Inventory turns for each SKU.

Supply Chain Design Software 75

Supply Chain Design Software Supply Chain Design Distribution Networks 75

WorkWave

OCTOBER 17, 2024

superior technology, faster delivery times, eco-friendly vehicles) By presenting a clear description of your business, potential investors or partners can better understand how your company fits into the larger market. For example, the global courier and local delivery services market is expected to grow at a CAGR of 4.7% through 2027.

Cost Reduction 52

Cost Reduction Logistics Network Optimization Software Transportation Purchasing Skills 52

Logistics Viewpoints

DECEMBER 2, 2021

There will be little relief in 2022 unless the factors driving the increased import volumes—a strong economy and the fundamental shift in consumer behavior to purchase more goods and less services—change. Near or re-shoring sourcing strategies will be evaluated to “shorten” supply chains and gain greater control of supply chain performance.

Waste Reduction 141

Waste Reduction Cost Reduction Inventory Reduction Resource Reduction 141

Material Handling and Logistics

JULY 29, 2018

Retailers such as Walmart have rigorous standards and will only purchase from suppliers who meet these standards. And customers, many of whom are Millennials, want to know the sourcing of the products they buy and will make decisions based on a company’s sustainability record. Reducing energy costs often reduces GHG emission.

Sourcing Strategies 133

Sourcing Strategies Cost Reduction Price Reduction Material Savings 133

GlobalTranz

NOVEMBER 28, 2016

Editor's Note: Today's blog is by our great friend, Chuck Intrieri where he gives us a fantastic example of how Procurement and Suppliers can enhance Supplier Relations by navigating the "Battle of the Forms.". Contract Negotiation Enhancing Supplier Relations. For example, in one Indiana case, Tyler Pipe Industries, Inc.

Manufacturing Procurement 85

Manufacturing Procurement Negotiate Pricing Optimal Sourcing Procurement 85

Logistics Business Magazine

FEBRUARY 7, 2022

Software company Setlog will present its enhanced SCM software OSCA at the LogiMAT intralogistics trade fair in Stuttgart (31st May – 2nd June). OSCA brings users numerous benefits: For example, the CSR solution helps companies to implement the regulations of the Supply Chain Due Diligence Act, which will come into force in Germany in 2023.

Procurement Solutions 53

Procurement Solutions Supply Chain Software Logistics Network Optimization Software Presentation 53

Logistics Bureau

JANUARY 25, 2017

and leverage their supply chain skills and know-how to help them move to employment in that sector. One person’s supply chain career might be focused on the specific area of freight forwarding, for example, whereas another person’s might encompass end-to-end operational management from raw materials management to customer invoicing.

Negotiating Skills 75

Negotiating Skills Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 75

AIMMS

NOVEMBER 12, 2019

So should the purchasing process. . RFIs tend to work well for certain industries (like government) or for purchasing equipment and industrial assets, bu t t hey often fall short in helping supply chain teams select a new software vendor. There is valuable time and effort put in by both the supplier and the purchasing party.

Supply Chain Planning Software 101

Supply Chain Planning Software Procurement Solutions Modeling Software Supply Chain Software 101

Trinity Logistics

AUGUST 23, 2024

A few months into 2023, YRC and the Teamsters Union engaged in back-and-forth negotiations. A company that was in financial disarray was now losing its primary source of revenue. The Teamsters had not agreed to the negotiations, and the 11 th hour came and went. YRC was granted a $700 million COVID-relief loan by the U.S.

Industry 127

Industry Purchasing Skills Negotiating Skills Logistics Network Optimization Software 127

Logistics Viewpoints

MAY 13, 2024

This technology allows businesses to unify their procurement, expense management, invoicing, payments, sourcing, contract management, and spend analysis processes and reporting. This solution provides for purchase order collaboration. A solution needs to be trained on the right data, on data that has been ethically sourced.”

Procurement Solutions 119

Procurement Solutions Modeling Software Procurement Analytics Logistics Network Optimization Software 119

Logistics Business Magazine

DECEMBER 8, 2022

The war in Ukraine, the energy crisis and high inflation in many countries are presenting supply chain managers with major challenges. Additionally, the always present issues of shortage of skilled labour, supply chain disruptions and cost pressure also prove difficult. Cost awareness increases. foreign workers.

Supply Chain Planning Software 61

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Purchasing Skills 61

WorkWave

MAY 24, 2024

Sources cite the resiliency of essential services , predictive recurring revenue and business model growth opportunities enabled by technology, training and development as being reasons behind the interest. WorkWave: How important is trust and transparency during the due diligence and negotiations processes?

Negotiating Skills 98

Negotiating Skills Buyer Training Purchasing Skills Modeling Software 98

Logistics Business Magazine

SEPTEMBER 29, 2021

On the infrastructure of warehouses and production sites, on the choice of transport systems, on operating costs and ultimately on the size of the investment. On the other hand, they come out on top when it comes to investment costs. However, this bonus is offset by the system’s only moderately efficient operating costs.

Webinar 47

Webinar Optimization Software Presentation Purchasing Skills 47

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. General Considerations for Cost Savings on Packaging. Investment on Returns.

Cost Reduction 49

Cost Reduction Material Savings Expense Reduction Waste Reduction 49

WorkWave

MAY 23, 2024

Each stage presents unique opportunities to engage and delight customers, from awareness to retention. Be Transparent Transparency in pricing and offerings is also vital for customer journey optimization at this stage; it helps customers make informed decisions and fosters additional trust in your brand. An optimized GBP: Is 2.7x

Optimization Software 107

Optimization Software Optimization Price Reduction Cost Reduction 107

Logistics Viewpoints

MARCH 6, 2023

GEON Performance Solutions purchases plastic pellets and add plastic compounders to make products of different strength, resilience, and flexibility. The simplified assumptions allow companies “to manage margins, supply chain costs, and inventories”, but “it does not enable them to manage enterprise costs, profit, and working capital.”

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Transformation Scenario Planning Supply Chain Software 130

Logistics Bureau

OCTOBER 31, 2017

For example: Paperwork and data entry: WMS has reduced the need for people to spend time completing paper forms or entering data from documents into spreadsheets and other data-management applications. Further examples can be seen if you look around. Warehouse management systems have advanced considerably in the last couple of decades.

Supply Chain Software 63

Supply Chain Software Supply Chain Planning Software Supply Chain Design Software Modeling Software 63

Bringg

AUGUST 5, 2020

Customers save on the cost of delivery, and enjoy the speed and convenience of picking up their order from a nearby location when it suits them. Customers benefit from the speed, low cost, and convenience of the fulfillment model. What makes Click & Collect a success with shoppers. Engaging online customers through stores.

Trends 118

Trends Modeling Software Optimization Software Optimization Modeling 118

Talking Logistics

MARCH 28, 2017

Unfortunately, most organizations place too much emphasis on data that is sourced from human input, which is not only expensive on the labor side, but it also introduces error into the picture. For example, companies can now do in days what used to take weeks of programming and customization. .

Supply Chain Software 0

Supply Chain Software Logistics Network Optimization Software Digital Operations 0

Material Handling and Logistics

AUGUST 31, 2018

Trouble finding skilled labor”. It’s no surprise that the current labor market is presenting a big challenge for organizations within the supply chain. For example, using smartphones and tablets instead of barcode scanners can make it easier to train your employees and for them to get work done.

Supply Chain Design Software 145

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 145

3PL Links

DECEMBER 2, 2022

Everything You Need to Know About Inbound Logistics | Source: Picpedia. Here are the aspects that characterize supply logistics: Pick vendors who provide better supply conditions, better raw material quality, and more affordable costs. Cost savings through supplier negotiations. Examples of Inbound Logistics Strategies.

Inbound 62

Inbound Sourcing Strategies Material Savings Inventory Reduction 62

MTS Logistics

AUGUST 23, 2023

They are investing in renewable energy sources, reforestation projects, and carbon offset programs. Carbon neutrality has become a badge of honor, attracting eco-conscious consumers and setting an example for smaller businesses to follow suit. The future of e-commerce undeniably belongs to the green movement.

Supply Chain Design Software 98

Supply Chain Design Software Supply Chain Software Supply Chain Design Supply Chains 98

Freightos

OCTOBER 26, 2020

The following is a 5,000 word exploration of Maersk’s strategic shift to end-to-end logistics services, based on open sources. Oil prices tanked, cancellations increased and Maersk drilling and supply chain services would run up nearly $2 billion dollars in annual losses. Meanwhile, Maersk’s energy business was being hammered.

Logistics Network Optimization Software 132

Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Design Software Price Reduction 132

GlobalTranz

NOVEMBER 18, 2016

While this may appear disconnected, more fossil fuels actually will lead to reduced fuel costs and better overall profit margins in your company. Predictive analytics capabilities within big data will help more organization improve production without increasing operating costs. Greater Value of Services or Products.

Supply Chain Planning Software 89

Supply Chain Planning Software Data Material Savings Manufacturing Procurement 89

SYSPRO Smarter ERP

APRIL 22, 2024

The growth of your company is exciting, but expansion can present many new challenges. A good ERP will facilitate the expansion of your business by adding functionality – new processes, new customers, or new products, for example. Be clear on the costs associated with an ERP purchase.

Manufacturing Procurement 105

Manufacturing Procurement ERP Procurement Solutions Supply Chain Planning Software 105

Logistics Viewpoints

JUNE 4, 2024

However, the juice for my newfound nightly routine soon became difficult to find, perpetually out of stock each time I tried to purchase it at the grocery store. It serves as a compelling example of how retailers must reassess their inventory strategies to adapt to rapidly shifting market demands driven by trends.

Inventory Reduction 121

Inventory Reduction Supply Chain Planning Software Inventory Waste Reduction 121

Ship Monk

AUGUST 19, 2020

The second you complete a purchase online, the store you purchased from is now tasked with materializing your order right to your doorstep. There can be many twists and turns along the way, which is why having the right fulfillment strategy is non-negotiable for any successful business. How Does Order Fulfillment Work?

Ordering 85

Ordering Purchasing Skills Procurement Solutions Inventory Reduction 85

Logistics Bureau

AUGUST 17, 2017

A better understanding of supply chain cost dynamics can help companies recognise their profitable customers. Traditional reporting methods aggregate revenues and costs to the extent that poorly performing sectors of the business are hidden from view. Read More: Cost to Serve – A Smarter Way to Improve Supply Chain Profitability.

Purchasing Skills 45

Purchasing Skills Cost Reduction Inventory Reduction Resource Reduction 45