CLX Logistics

JULY 26, 2021

Let’s look at the facts – the percentage of supply chain managers using new analytics tools and services to develop better bidding strategies has increased from 17% in 2017 to more than 30% in 2020. Next-generation supply chain management tools like CLX LaneLogix are a perfect example of the type of system.

Material Savings 40

Material Savings Sourcing Strategies Cost Reduction Inventory Reduction 40

GlobalTranz

AUGUST 17, 2015

A vigorous supplier relationship management (SRM) strategy can assist organizations in maximizing partnership value, minimize risk, and manage costs through the entire supplier relationship lifecycle. A comprehensive supplier management strategy helps organizations arrange suppliers based on different tiers of importance and reliability. .

Sourcing Strategies 98

Sourcing Strategies Price Reduction Vendor Strategies Cost Reduction 98

Locus

MAY 25, 2022

Take last-mile deliveries for example. Here are seven key strategies that they have used to make it happen. Source: statista.com. The advanced route planning feature in a dispatch management platform factors in real-world constraints for determining the most efficient routes. And how they have been changing!

Sourcing Strategies 52

Sourcing Strategies Inventory Reduction Cost Reduction Strategy 52

Material Handling and Logistics

JULY 29, 2018

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. In many cases, devising ways to become energy-efficient involves activities that benefit the environment and simultaneously cut costs. Last-Mile Delivery.

Sourcing Strategies 133

Sourcing Strategies Cost Reduction Price Reduction Efficiency 133

Logistics Viewpoints

JANUARY 18, 2024

1) Streamlined Data Flow and Process Automation Is all about AI At the heart of effective supply chain automation lies the seamless flow of data across various sources and digital platforms, akin to a well-constructed highway for data. This results in more accurate recommendations and efficient process automation.

Supply Chain Software 149

Supply Chain Software Supply Chain Planning Software Supply Chain Design Software Supply Chain Design 149

The Logistics of Logistics

MARCH 13, 2021

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).

Sourcing Strategies 195

Sourcing Strategies Inventory Reduction Resource Reduction Price Reduction 195

3PL Links

MAY 11, 2023

Image source: Pixabay | Maximize Your Efficiency: Top 5 Supply Chain Trends to Adopt in 2023 We can all agree that the supply chain is critical to a business’s operational success, right? They are typically utilized to aid with more common and everyday tasks such as quality testing, part assembly, packaging of goods, and so on.

Sourcing Strategies 62

Sourcing Strategies Supply Chain Software Supply Chains Optimal Sourcing 62

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 187

Waste Reduction Cost Reduction Inventory Reduction Resource Reduction 187

Logistics Viewpoints

MARCH 27, 2024

Robots offer many benefits for supply chain operations, such as increased efficiency, productivity, accuracy, safety, and flexibility. Examples of Supply Chain Robots at MODEX 2024 Several exhibitors at MODEX 2024 showcased their innovative solutions for supply chain robotics, demonstrating the diversity and potential of this field.

Optimization Software 129

Optimization Software Logistics Network Optimization Software Optimal Sourcing Supply Chain Software 129

GlobalTranz

APRIL 20, 2021

A resilient supply chain incorporates alternative sources, carriers, routes, and other characteristics so that it can flex in response to a situation. Large companies with a supply chain risk strategy already in place couldn’t fully cope with the impact of the pandemic. Tips For Building Supply Chain Resiliency.

Supply Chain Planning Software 115

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 115

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.

Inventory Reduction 87

Inventory Reduction Eliminating Excel in Purchasing Inventory Waste Reduction 87

CH Robinson Logistics

DECEMBER 15, 2021

However, with this year’s volatility, I was also given a front-row seat to a new level of hyper collaboration – including individuals going out of their way to help each other, more strategy sessions between shippers and forwarders, and continually leaning into historical data and current market insights to find smarter solutions.

Sourcing Strategies 90

Sourcing Strategies Global logistics Cost Reduction Inventory Reduction 90

SYSPRO Smarter ERP

MAY 2, 2024

Ever-evolving business requirements are another strong influencer as manufacturers strive to improve business processes and efficiencies. This market growth is being propelled by the drive to improve operational efficiencies, the competitive advantages to be gained by adopting cloud-based ERP and the benefits offered by AI and ML.

ERP 59

ERP Supply Chain Planning Software Modeling Software Optimization Software 59

Conger

MARCH 22, 2024

These driverless machines have replaced some manual labor and forklifts, moving materials efficiently and safely, thus redefining industrial operations. Eco-friendly vibes: AGVs help lower emissions within your operation since they typically run on clean energy sources like batteries instead of fossil fuels.

Materials Handling 79

Materials Handling Material Savings Supply Chain Software Cost Reduction 79

3PL Links

DECEMBER 2, 2022

Everything You Need to Know About Inbound Logistics | Source: Picpedia. Strategies for efficient inbound logistics that you can use in your business. Efficient supply logistics provides three main benefits to companies: Processes are carried out according to schedule, thanks to the timely availability of raw materials.

Inbound 62

Inbound Sourcing Strategies Material Savings Inventory Reduction 62

Conger

MARCH 22, 2024

These driverless machines have replaced some manual labor and forklifts, moving materials efficiently and safely, thus redefining industrial operations. Eco-friendly vibes: AGVs help lower emissions within your operation since they typically run on clean energy sources like batteries instead of fossil fuels.

Materials Handling 75

Materials Handling Material Savings Supply Chain Software Cost Reduction 75

3PL Links

FEBRUARY 13, 2023

How to Innovate Your Supply Chain Management: What You Need to Know | Image Source: Axestrack Organizations must prioritize supply chain management and implement strategies to increase its efficiency if they want to compete in the market. Ikea’s packaging design is a well-known example to help with this matter.

Supply Chain Design Software 62

Supply Chain Design Software Optimal Sourcing Supply Chain Design Supply Chain Software 62

GlobalTranz

DECEMBER 5, 2016

While many argue against robotics , robots have become an integral part of efficient, effective manufacturing, and failure to understand the what robots in manufacturing mean will leave your company trailing behind your competitors. Robotics boost manufacturing by creating an efficient means of completing specific products.

Manufacturing Procurement 104

Manufacturing Procurement Sourcing Strategies Efficiency Operations 104

CLX Logistics

MAY 3, 2024

A resilient and agile supply chain strategy is not just a prudent choice—it’s a necessity, especially within the context of chemical supply chains. Investing in Supply Chain Ensuring supply chain resilience is paramount for chemical companies, not only for operational efficiency but also for regulatory compliance and risk management.

Material Savings 77

Material Savings Resource Reduction Cost Reduction Sourcing Strategies 77

Logistics Business Magazine

NOVEMBER 30, 2023

In response to this challenge, Efficio is working with businesses to implement the CarbonCube®, a tool that lets procurement teams efficiently measure and monitor supply chain emissions, set targets, and monitor supplier performance. Meanwhile, Kantar is using the CarbonCube® to accelerate its carbon reduction strategy.

Supply Chain Software 50

Supply Chain Software Supply Chains Sourcing Strategies Procurement 50

Forto

JANUARY 10, 2020

And with these factors as your tailwind we think that the following 8 strategies will take your business to the next level. In order to identify suitable cost saving measures, FreightHub offers companies exporting to China the opportunity to review their logistics strategy with our logistics expert. Find Yourself the Best Partners.

Cost Reduction 40

Cost Reduction Price Reduction Sourcing Strategies Strategy 40

SYSPRO Smarter ERP

APRIL 18, 2022

Longstanding weaknesses in the supply chain like port infrastructure, outdated supply chain strategies and impacts of natural disaster and wars have all further affected global supply chains. It is, therefore, extremely difficult to secure new sources of supply in a timely manner. Collaboration for transparency and profitability .

Manufacturing Procurement 124

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software ERP 124

Logistics Viewpoints

OCTOBER 3, 2022

The result is that instead of being so singularly focused on labor efficiencies, companies need to consider morale. In warehouses, for example, one solution is labor management. For example, the auto industry embraced risk management after the nuclear disaster at Fukushima. In short, workers have more choices.

Supply Chain Software 173

Supply Chain Software Supply Chains Sourcing Strategies Optimal Sourcing 173

FreightWaves SONAR

MAY 14, 2024

Aggressive pricing/cost savings strategies have contributed significantly to creating a sustained volatility in the domestic transportation market. From a shipper’s perspective, transportation is a cost center, and the exercise of sourcing trucking capacity is not much different than that of procuring raw materials for production.

Price Reduction 52

Price Reduction Material Savings Cost Reduction Sourcing Strategies 52

SYSPRO Smarter ERP

MARCH 28, 2024

It is a modern business strategy that lets company staff make decisions based on facts instead of biases. Optimizing warehouse layout for better picking and storage efficiency. The ERP system as a primary data source is valuable for analysts so they can find out what a data item means and where to get it.

Manufacturing Procurement 52

Manufacturing Procurement Data Supply Chain Planning Software Optimal Sourcing 52

Logistics Bureau

APRIL 3, 2023

So, for example, outsourcing sales activity is not typically a good idea if yours is a retail sales company. Read on to learn how you can make your supply chain function with less cost, greater efficiency, and improved customer service —or perhaps all three—by handing off some relevant activities to an external contractor.

Outsourcing 87

Outsourcing Optimal Sourcing Supply Chain Software Cost Reduction 87

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. A solution needs to be trained on the right data, on data that has been ethically sourced.” This solution provides for purchase order collaboration.

Procurement Solutions 127

Procurement Solutions Modeling Software Procurement Analytics Logistics Network Optimization Software 127

Freightos

APRIL 25, 2024

Despite the reduced customs costs, both companies are likely shipping by air at a loss—a sustainable strategy for their coffers but one that majorly impacts supply chain organizations reliant on the same volumes. Source: Freightos Air Index The Commercial and Ethical Impact Beyond the underlying costs, U.S.

Cost Reduction 88

Cost Reduction Cargo Price Reduction Resource Reduction 88

AIMMS

SEPTEMBER 10, 2018

Slotting is about product placement and ensuring we have an operation that is as efficient as possible. Those picks are much more efficient than store picks and less disruptive to customers. Image source: Peapod. We factor that into our recruiting strategy. How did this initiative begin? What were the main drivers?

Sourcing Strategies 89

Sourcing Strategies Supply Chain Software Supply Chain Design Software Optimal Sourcing 89

Material Handling and Logistics

DECEMBER 14, 2018

Learn how to organize your data operations in alignment with supply chain strategy. Complex supply chains generate more data, which companies can use to drive greater efficiency or engage in innovation that disrupts an entire industry—think Amazon. It arrives from an array of sources, and it is presented in a variety of formats.

Supply Chain Software 166

Supply Chain Software Optimal Sourcing Supply Chains Sourcing Strategies 166

SYSPRO Smarter ERP

MAY 22, 2023

A sustainable chain involves implementing sustainable practices at each stage of the supply chain, from raw material sourcing and production to transportation, distribution, and end-of-life disposal. Extend what is already made – repair and maintain products to maximize their lifetime; implement a return strategy when applicable.

Manufacturing Procurement 98

Manufacturing Procurement Supply Chain Design Software Supply Chain Planning Software Supply Chain Design 98

Logistics Bureau

APRIL 20, 2020

COVID-19 and the Future of China Sourcing and Manufacture. Dun & Bradstreet researchers , for example say 51,000 companies, 163 of which are in the Fortune 1000, have “tier 1” suppliers in China, while at least 5 million have one or more “tier 2? And the strategy has paid off: Where China saw industrial production plunge 13.5

Manufacturing Procurement 62

Manufacturing Procurement Sourcing Strategies Sourcing Material Savings 62

AIMMS

SEPTEMBER 10, 2018

Slotting is about product placement and ensuring we have an operation that is as efficient as possible. Those picks are much more efficient than store picks and less disruptive to customers. Image source: Peapod. We factor that into our recruiting strategy. How did this initiative begin? What were the main drivers?

Sourcing Strategies 82

Sourcing Strategies Supply Chain Software Supply Chain Design Software Optimal Sourcing 82

3PL Links

OCTOBER 30, 2023

Revolutionizing Retail: The Power of Micro-Fulfillment Centers | Image source: Pexels With all of the changes and technical improvements in logistics, particularly in the e-commerce and retail industries, there has been a need to adjust standards, demonstrating the necessity to think outside the confines of a distribution center or warehouse.

Optimal Sourcing 48

Optimal Sourcing Cost Reduction Sourcing Strategies Supply Chain Software 48

Logistics Viewpoints

APRIL 22, 2021

alternate sourcing strategies), while others are potentially negative (e.g. As supply chains continue to evolve to drive more efficiency, we will see changes in three main areas: Physical infrastructure – Electrification and low emissions transportation and IOT supported by high volume ubiquitous connectivity via 5G.

Supply Chain Planning Software 196

Supply Chain Planning Software Supply Chain Software Supply Chains Sourcing Strategies 196

3PL Links

FEBRUARY 19, 2024

Image source: Flickr | Navigating Trends and Projections in Logistics for 2024 The logistics industry is always changing due to fluctuations in the market, technology advancements, and the never-ending quest for efficiency. Technology: The Engine of Transformation Technology will always be at the center of innovation and development.

Sourcing Strategies 48

Sourcing Strategies Trends Inventory Reduction Logistics Network Optimization Software 48

Logistics Viewpoints

AUGUST 8, 2023

Let’s explore some of the impacts, good and bad, this new way of doing business has had and some specific considerations if you are looking at implementing a more specific strategy around it in your plans. For example, you’ll need more tech skills to manage the equipment (robots, hydrogen vehicles, ASRS).

Optimization Software 126

Optimization Software Modeling Software Logistics Network Optimization Software Cost Reduction 126