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.

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Cost Reduction Inventory Reduction Price Reduction Vendor Strategies 68

GlobalTranz

JANUARY 28, 2015

The latest industry-pricing trend, dimensional weight pricing, or often referred as “DIM Pricing,” calls for LTL freight cost calculations using pounds per cubic foot of space occupied on the truck. Both UPS and FedEx recently announced dimension-weight pricing plans for parcel/small packages effective Dec.

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Negotiating Skills Price Reduction Cost Reduction Waste Reduction 97

GlobalTranz

JANUARY 27, 2015

This is a two part series talking about the implications of the shift towards dimensional weight pricing. Today’s post will cover more on what is dimensional weight pricing and some tips to know to get prepared for a possible sweeping shift to DIM pricing in less-than-truckload (LTL) shipping.

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Negotiating Skills Price Reduction Cost Reduction Freight 107

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. Here are five tips to build, maintain, and improve a healthy and productive relationship with your suppliers. Select Your Supplier Carefully.

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Maintainability Price Reduction Purchasing Skills Resource Reduction 118

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. But what about cost of service?

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Outsourcing Warehousing Negotiating Skills Purchasing Skills 52

GoShip Blog

FEBRUARY 7, 2023

Over the years, marketing strategies have evolved with the times, the advent of technology, and changes in consumer behavior. Why a Solid Marketing Strategy is Important A marketing strategy refers to a business’s action plan for achieving its short and long-term goals and developing a sustainable competitive advantage.

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Waste Reduction Price Reduction Resource Reduction Expense Reduction 52

EazyStock

MARCH 14, 2023

The right purchasing and logistics strategies give companies an edge during these unique, uncertain times and, during the return “to normal,” a greater competitive advantage and continued growth. Rapid cost increases, interest rate hikes and reduced demand require more effective inventory management and forecasting attention.

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Inventory Reduction Price Reduction Cost Reduction Waste Reduction 52

3PL Links

DECEMBER 10, 2024

This article will provide a detailed reference to LTL shipping, including the definition of LTL, shipping prices, delivery method, and how to manage your LTL shipment to the fullest. For example, less-than-truckload shipping requires 12 linear feet and pallets ranging from one to six, with a maximum of 10 pallets per truck.

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FreightWaves SONAR

JANUARY 21, 2021

As a few examples, these are four critical KPIs to focus on: Owner-operator to driver ratio – A lower ratio here means more opportunities for in-house drivers who bring more affordable rates. . Boost fleet asset utilization with pricing and tendering data at your fingertips. And continue by getting access to the freight data you need.

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Data Sourcing Strategies Tips Optimal Sourcing 98

Logistics Bureau

MAY 31, 2021

The tips in this article will help you know how to identify the customers, products, and processes that might be inflating your cost to serve (CTS) unnecessarily. 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.

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Cost Reduction Purchasing Skills Expense Reduction Inventory Reduction 98

ShipLilly

MARCH 22, 2022

This pricing variance implies a loss of control over your budget. Do not use one strategy because you may need to make quick changes and decisions. Factors That Can Reduce Your LTL Shipping Rates. Several factors can be referenced when trying to reduce your shipping rates. It also helps to check the rates by region.

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Negotiating Skills Tips Price Reduction Cost Reduction 75

WorkWave

FEBRUARY 9, 2024

One effective strategy that’s been gaining traction is price bundling. Also known as packaged pricing, this strategy involves bundling various services together and charging one price. Why Does Bundle Pricing Really Work? Here’s why: Bundled pricing simplifies the purchasing process for customers.

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Price Reduction Purchasing Skills Tips Procurement Solutions 52

Conger

DECEMBER 13, 2022

If you're looking for ways to reduce lead times, you’re in the right place. Because in this post, you’ll find 11 effective strategies for doing just that. Identify and Eliminate Bottlenecks. The closer the supplier is to your warehouse or manufacturing plant or location , the easier it is to reduce lead times.

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Manufacturing Procurement Inventory Reduction Vendor Strategies Waste Reduction 52

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. Calculate software costs – Consider the price of the software solution. SaaS or cloud will also influence this pricing.

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

Logistics Viewpoints

APRIL 4, 2024

Motivated by how many tips I could get, I hated when it would rain for a week straight in the summer because very little ice cream would be sold, and the tip jar would stay empty. In this blog, I will discuss the use of AI/ML demand planning for fresh products to help maximize sales and reduce waste.

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

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. The following tips should prove helpful in getting those truck running costs down. The following tips should prove helpful in getting those truck running costs down.

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Cost Reduction Purchasing Skills Price Reduction Waste Reduction 91

Ship Monk

FEBRUARY 3, 2024

Your products are different, your sales cycle might be longer or shorter, your customers are different — so it’s useless to compare your conversion rate, for example, to an industry average. Also, to reduce unsubscribes, consider offering your customers a choice in the type and frequency of the emails they receive. It’s common sense.

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eCommerce Tips Procurement Solutions Logistics Network Optimization Software 105

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.

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Cost Reduction Negotiating Skills Price Reduction Material Savings 69

Trans Global Auto Logistics

DECEMBER 17, 2020

For example, are your people going to be driving offroad? Consistency in vehicle types and the number of vehicles ordered can often result in more advantageous pricing on a per-unit basis. There are no major vehicle purchases against your bottom line, and there is reduced risk due to theft or accident.

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GlobalTranz

DECEMBER 11, 2015

Quick 5 Freight Saving Tips for Regular Shippers anyone Can Implement. Freight Saving Tip #1: Do Your Research. The market offers a diversity of providers, each with specific policy when it comes to pricing and discounts. Freight Saving Tip #2: Consider Consolidation Shipments. Freight Saving Tip #4: Plan in Advance.

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Tips Freight Price Reduction Expense Reduction 55

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.

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Resource Reduction Waste Reduction Cost Reduction Sourcing Strategies 52

Logistics Bureau

JANUARY 19, 2016

Here are four tips that might just help a little. Some Service Improvements can Reduce Supply Chain Costs. Remember that there are some service improvements which reduce costs too. For example, if you’re providing all your customers with delivery within 24 hours, are you sure they all require that “next day” service?

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Cost Reduction Waste Reduction Inventory Reduction Price Reduction 40

GlobalTranz

OCTOBER 13, 2015

The startup price tag may seem mysterious and daunting, and while the exact cost will vary depending on your location, business experience and so on, it's possible to get a rough estimate before starting. Let’s start by taking a look at all the associated cost to be a freight broker, and then see how you can reduce some of them.

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Negotiating Skills Cost Reduction Price Reduction Freight 109

GlobalTranz

FEBRUARY 4, 2015

We encourage our audience to visit The Catavolt Blog for more relevant posts about mobility in manufacturing for best practices, tips, and great industry insights. Author Malcolm Gladwell defined a “tipping point” as “the moment of critical mass, the threshold, the boiling point.” And the mobile landscape continues to evolve.

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Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Logistics Network Optimization Software 99

Ship Monk

APRIL 5, 2024

The last time they raised prices? So much attention is paid to negotiating the price of the goods and coordinating the delivery that very little thought goes into the quality of the relationship and how improving it might help you both. Of course, it wouldn’t be a business strategy if there weren’t a couple more acronyms to learn.

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Negotiate Pricing Negotiating Skills eCommerce Purchasing Skills 105

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.

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Inventory Reduction Eliminating Excel in Purchasing Inventory Waste Reduction 75

GlobalTranz

JUNE 10, 2015

A few months ago we wrote a tongue in cheek post about 5 Upfront Tips you can do to save on less than truckload shipping (a capitalization of Less than truckload). A carrier isn’t going to remove charges because of a holiday for example. #3: It really is a big thing. 3: Think of transportation accounting before you get the invoice.

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Purchasing Skills Price Reduction Logistics Network Optimization Software Tips 100

Logistics Bureau

NOVEMBER 6, 2023

Of course, there is no quick and easy way to curb increases in the cost of energy and labour, but now is an excellent time to start thinking about practical ways to reduce energy usage and increase labour productivity and efficiency. There are several possible ways to eliminate this form of energy wastage.

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Cost Reduction Purchasing Skills Waste Reduction Material Savings 98

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. Once you are set up you can jump into your strategy and execution. However, it is probably the most important part of your advertising strategy.

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Waste Reduction Price Reduction Strategy How To 58

3PL Links

SEPTEMBER 8, 2023

Unlocking Customer Satisfaction: Is Your Fulfilment Strategy Aligned with Expectations? Image source: Pexels According to our memory, the field of flexible fulfillment hit a tipping point around 15 years ago. Labor, inventory accuracy, and split shipping are a few examples.

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Inventory Reduction Sourcing Strategies Cost Reduction Expense Reduction 48

WorkWave

SEPTEMBER 18, 2024

When crafting a price increase notice for your pest control services, prioritize personalized communication. Clearly detail the reasons for the price increase, such as rising operational costs or investments in advanced pest control technologies. Remind customers that higher prices mean better quality 6.

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Price Reduction Material Savings How To Cost Reduction 52

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.

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Capacity Cost Reduction Price Reduction Vendor Strategies 138

Logistics Bureau

NOVEMBER 12, 2024

That being said, it’s not always easy to know where to begin, so here are a few tips to help you get a well-structured, methodical, warehouse review/redesign process under way. For example, is an SKU typically ordered by the pallet, carton, split carton, or individual unit? Order and picking profiles should be examined too.

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Modeling Software Supply Chain Design Software Supply Chain Planning Software Optimization Software 72

GlobalTranz

MAY 31, 2018

Challenges such as increasing fuel prices, pressure on volumes and the low-profit margins of the sector are rampant. This article will cover some five tips that you can use to write an effective transportation management plan: 1. The five tips discussed have highlighted the basic elements that make a transportation management plan.

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Tips Transportation Outbound Vendor Strategies 65

Conger

JULY 28, 2022

Plenty of examples of warehousing. Tips for choosing the right type of warehouse. Perhaps the most prominent fulfillment center example is Amazon’s fulfillment centers. It eliminates the need for separate warehousing or another facility for storage. Their pros and cons. Answers to common warehouse questions.

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Examples Definition Supply Chain Design Software Supply Chain Software 52

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.

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Material Savings Examples Resource Reduction How To 236

WorkWave

MAY 8, 2019

Here are 5 tips to get started: Set Clear Expectations and Be Transparent with Customers. The most obvious example of making empty promises is false advertising. A less obvious example is being honest about job constraints. Follow the steps outlined in our post on social media content and engagement strategies.

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Tips Resource Reduction Price Reduction Cost Reduction 74