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

GlobalTranz

JUNE 11, 2015

We conclude our series on supplier quality management (SQM) today with a look at some case studies and examples of benefits derived from the application of a supplier quality management system. Examples and Case Studies from the Implementation of a Supplier Quality Management System. Today, 97.5%

Supply Chain Planning Software 94

Supply Chain Planning Software Supply Chain Design Software Examples Case Study 94

Material Handling and Logistics

OCTOBER 30, 2018

With the digitization of the source-to-pay process being a key initiative for many chief procurement officers, to the inherent automation which promises to accelerate innovations such as artificial intelligence (AI), digitization is growing. In a recent Forrester study, they found the problem to be poor quality data. Master Innovation.

Optimal Sourcing 166

Optimal Sourcing Procurement Solutions Procurement Analytics Procurement 166

GlobalTranz

OCTOBER 2, 2015

This powerful infographic describes how the maker movement is powering STEM skills , gender equality and student curiosity. Education at all levels in science, technology, engineering, and mathematics—STEM—develops, preserves, and disseminates knowledge and skills that convey personal, economic, and social benefits. What is STEM?

Manufacturing Procurement 112

Manufacturing Procurement Purchasing Skills Resource Reduction Sourcing Strategies 112

Logistics Bureau

NOVEMBER 6, 2023

Recent studies have shown that among the challenges frustrating warehouse and distribution centre managers this year, rising energy and labour costs are two of the most often cited. We hope the tips and ideas in this article will help you make inroads into warehouse energy and labour cost reduction.

Cost Reduction 98

Cost Reduction Purchasing Skills Waste Reduction Material Savings 98

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

NOVEMBER 16, 2020

For example, a member of the sales team could apply to become a purchasing agent, based on her experience of negotiating sales deals. One study shows that one in three companies in the United States has jobs that are taking nine to 12 months to fill. Sea Change—A Supply Chain Career is now seen as ‘Cool’.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 98

Ship Monk

MARCH 11, 2024

Did you know that 93% of consumers say that online reviews influence their purchase decisions? And when we feel uncertain, humans tend to look for examples of what others in our situation have done. We’ll give you some examples of social proof, and we’ll even rank them in terms of trustworthiness. What is Social Proof?

eCommerce 105

eCommerce Logistics Network Optimization Software Case Study Procurement Solutions 105

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. It’s a fair question.

Cost Reduction 91

Cost Reduction Purchasing Skills Price Reduction Waste Reduction 91

Logistics Viewpoints

MARCH 27, 2025

In a recent study, almost three-quarters (74%) of shippers reported they would switch to 3PL providers based on their AI capabilities. AI is also making it possible to define a response that balances multiple outcomes, such as cost, service, profitability, and sustainability, applying pre-defined rules and guardrails.

Supply Chain Planning Software 89

Supply Chain Planning Software Optimization Software Supply Chain Software Logistics Network Optimization Software 89

Trinity Logistics

NOVEMBER 11, 2022

For example, manufacturing output has been expected to increase by 2.4 As technology changes this industry, employees need different skills for their roles. Manufacturing companies should be focusing on bridging the skills gap by offering training to grow employees’ skills while increasing compensation for employee retention.

Manufacturing Procurement 118

Manufacturing Procurement Trends Supply Chain Software Industry 118

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 Efficiency 133

Material Handling and Logistics

MAY 14, 2018

Five of the six major automakers manufacturing and selling vehicles in North America fell in their annual supplier relations rankings, according to the results of the 18th annual North American Automotive OEM - Supplier Working Relations Index Study conducted by Planning Perspectives, Inc. Ford is fourth (363).

Purchasing Skills 110

Purchasing Skills Price Reduction Manufacturing Procurement Cost Reduction 110

GlobalTranz

JUNE 16, 2015

In fact, the annual ChainLink Research Study found innovation to be the top focus for those involved in the manufacturing community. Furthermore, innovation has replaced previous expectations and practices of reducing prices and focusing on reducing the consumers’ costs. Innovation For IT Departments.

Manufacturing Procurement 101

Manufacturing Procurement Purchasing Skills Price Reduction Supply Chain Design Software 101

The Lean Thinker

DECEMBER 9, 2022

When “trams” (coal carts) were in short supply, for example, the “trammers” would horde carts to optimize their team’s performance at the expense of other teams being limited by the number of carts available. The study I am citing here was commissioned to determine why. This all changed shortly after WWII.

Modeling Software 259

Modeling Software Optimization Software Expense Reduction Resource Reduction 259

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

Logistics Viewpoints

JANUARY 4, 2023

ARC Advisory Group’s Global Warehouse Automation Research study is now complete and available for purchase. The research process includes an analysis of large amounts of information and interviews with executives from numerous warehouse automation providers; and concludes with the publication of ARC’s research study.

Supply Chain Software 131

Supply Chain Software Automation Supply Chain Planning Software Purchasing Skills 131

Logistics Viewpoints

JANUARY 26, 2021

This means supply chain and logistics professionals need to distinguish between more frequently purchased products and the slower-moving products customers are willing to wait for. In a study of logistics providers conducted by Fraunhofer IML, only 36% of organizations reported that they had a clear overall plan for digital transformation.

Supply Chain Software 117

Supply Chain Software Definition Supply Chain Planning Software Supply Chains 117

Logistics Bureau

MAY 6, 2016

One of the major supply chain management challenges facing businesses today is to understand their cost to serve (CTS) in detail. Application of Cost to Serve can improve EBIT performance by up to 20%. What is Cost to Serve? The costs related to each ‘path’ vary considerably, based on the customer/product mix.

Negotiating Skills 40

Negotiating Skills Purchasing Skills Cost Reduction Negotiate Pricing 40

Logistics Viewpoints

MARCH 4, 2021

Digital commerce efficiently requires the digitalization of many customer-facing operations and sourcing and procurement. Supply chain planning involves interaction with different types of information based on internal and external data sources. These data sources are often spread across multiple platforms and come in various formats.

Supply Chain Planning Software 113

Supply Chain Planning Software Scenario Planning Supply Chain Software Optimal Sourcing 113

Logistics Viewpoints

JUNE 14, 2023

Home delivery and sustainability are two topics that I have written about quite a bit in the last few years, and Descartes just released its home delivery sustainability consumer sentiment study, so the timing seemed perfect. By doing the study for multiple years, you can start to see trends emerging.

Study 112

Study Logistics Network Optimization Software Purchasing Skills Supply Chains 112

Trinity Logistics

NOVEMBER 13, 2023

million skilled workers by 2030. To combat the shortage, manufacturers are looking for ways to recruit and retain skilled talent, by raising wages and reskilling current talent to meet company needs. According to a study by the Manufacturing Institute, less than 30 percent of manufacturing workers are women. Industry 4.0

Manufacturing Procurement 118

Manufacturing Procurement Supply Chain Software Trends Supply Chain Planning Software 118

IoT World Today

MARCH 27, 2020

Manufacturing companies that have relied on China for production materials are feeling the blowback of this dependence; some retailers source more than half their inventory from China, according to 2020 Statista data. And “it’s a great tool,” but there are more sophisticated, more accurate tools to do sourcing.

Supply Chain Planning Software 145

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Procurement Analytics 145

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

Logistics Bureau

JANUARY 7, 2020

Companies with global supply chains—a category which includes a fast-growing number of corporations, medium-sized companies, and even small businesses—can be standing on a cost base of which 90% is attributable to supply chain expenditure. . Mini Case Study: Walmart. Built strategic partnerships with vendors to drive down prices.

Supply Chain Design Software 111

Supply Chain Design Software Supply Chain Design Inventory Reduction Cost Reduction 111

ECW

JANUARY 8, 2025

A centralized location can reduce last-mile delivery times and associated costs. East Coast Warehouse, for example, provides Customs Examination Services (CES) to help businesses navigate inspections and clear goods quickly. Case Study: This study focusing on the strawberry supply chain in the U.S.

Supply Chains 130

Supply Chains Cost Reduction Scenario Planning Tips 130

Logistics Viewpoints

MARCH 6, 2023

GEON Performance Solutions purchases plastic pellets and add plastic compounders to make products of different strength, resilience, and flexibility. Mr. Sorenson has studied integrated business planning for many years. Too often overhead costs are allocated using broad averages, rather than doing so in a more targeted manner.

Supply Chain Planning Software 129

Supply Chain Planning Software Supply Chain Transformation Scenario Planning Supply Chain Software 129

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. Click & collect vs. hyperlocal delivery.

Trends 118

Trends Modeling Software Optimization Software Optimization Modeling 118

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. Bundled services are usually cheaper than if customers were to purchase each service individually. Why Does Bundle Pricing Really Work?

Price Reduction 52

Price Reduction Purchasing Skills Tips Procurement Solutions 52

Ship Monk

FEBRUARY 16, 2023

Offering the preferred, faster 2-Day shipping option could eat away at your profit if you support the cost entirely. Over 50% of online shoppers stated they’d abandoned baskets at some point due to delivery costs. So the question becomes: is it possible to offer 2-Day shipping at an affordable price?

Cost Reduction 52

Cost Reduction Negotiating Skills Inventory Reduction Purchasing Skills 52

Logistics Bureau

NOVEMBER 14, 2018

For example, how would you deal with the following situations in procurement? Another supplier guarantees lower supply prices that would re-establish the margins your company needs to meet its objectives. Your Italian company is negotiating the supply of aerospace products to a government in Asia.

Procurement Analytics 84

Procurement Analytics Optimal Sourcing Procurement Solutions Procurement 84

Ship Monk

JULY 28, 2021

Think of the last time you purchased a product or service based on the recommendation of a friend, family member, or your favorite social media influencer. Take us, for example. Social proof can come from all sorts of places, but the below examples have proven to be some of the most effective. Types of Social Proof.

Eliminating Excel in Purchasing 98

Eliminating Excel in Purchasing Case Study Procurement Analytics Purchasing Skills 98

Logistics Viewpoints

MAY 3, 2021

OpenText was the largest vendor in this market the last time ARC did the study. An EDI VAN enables the secure exchanges of electronic business documents, such as purchase orders and invoices, with trading partners—via electronic data interchange format. As such, their offerings warrant attention. That improves warehouse operations.

Supply Chain Software 113

Supply Chain Software Supply Chains Manufacturing Procurement Optimal Sourcing 113

Logistics Viewpoints

SEPTEMBER 18, 2024

The aim of this study is to understand ho w well these companies are fulfilling the need for increased sustainability in the chemical industry. More than twenty companies were analyzed. Three are the leaders in the market as they cover most of the challenges facing chemical companies to achieve their decarbonization objectives.

Supply Chain Planning Software 89

Supply Chain Planning Software Supply Chain Software Supply Chain Design Software Modeling Software 89

Logistics Bureau

DECEMBER 3, 2017

SCLA includes case studies and examples of network-design problems and solutions, as well as tips and techniques for improving and optimising distribution networks. Here are a few examples of the financial and legal points included in the program: Construction of business cases. What Skills do Your Staff Need to Improve?

Supply Chain Design Software 45

Supply Chain Design Software Purchasing Skills Buyer Training Supply Chain Design 45

Logistics Viewpoints

MAY 3, 2022

But it’s important to remember that while customers want their purchases fast, sometimes even the next day, many care about the environmental impact of that delivery as well. An IBM study found that 57% of consumers are willing to change their shopping habits to protect the environment.

Supply Chain Design Software 108

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 108