Trinity Logistics

SEPTEMBER 16, 2021

With costs rising recently, it’s easy to see why the challenge for many companies has been to reduce their transportation costs. Before we jump into how to reduce your transportation costs, it’s essential to understand what factors are causing them to rise. STEPS TO REDUCE TRANSPORTATION COSTS. CUT YOUR MANUAL PROCESSES.

Cost Reduction 110

Cost Reduction Expense Reduction Price Reduction Vendor Strategies 110

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

Logistics Viewpoints

MAY 3, 2022

An IBM study found that 57% of consumers are willing to change their shopping habits to protect the environment. We found three key strategies that could serve as a blueprint for other supply chains: Rethink Packaging. So, what set sustainability leaders apart from the rest of the pack? Rethink Partnerships.

Supply Chain Design Software 111

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 111

Logistics Bureau

JANUARY 7, 2020

Supply chain strategy is critical to business success, but companies often underestimate its importance and hence pay it less leadership attention than other areas of operation. Supply Chain Strategy. In other words, the majority did not recognise the need for close alignment between supply chain and general business strategies.

Supply Chain Design Software 111

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

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

Logistics Viewpoints

FEBRUARY 28, 2022

Supply chain vendors have been touting their investments in artificial intelligence (AI) for the last several years. Alex Pradhan, Product Strategy Leader John Galt Solutions, told me that “all planning vendors have bold marketing around AI.” Lead times, for example, are a critical form of master data for planning purposes.

Supply Chain Planning Software 142

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 142

SYSPRO Smarter ERP

OCTOBER 20, 2021

In a SYSPRO-led research study, 29% of businesses stated that their systems lacked responsiveness during the pandemic and that they would be pursuing new business systems to address immediate needs and accelerate digital transformation. Digital transformation: a strategy. The journey to the smart factory.

Digital 133

Digital Factories Supply Chain Planning Software Supply Chain Software 133

Ship Monk

APRIL 5, 2024

The process involves collecting quantitative and qualitative data concerning vendor-provided goods and services, and analyzing this data for opportunities to improve (or reasons to end) the relationship. Of course, it wouldn’t be a business strategy if there weren’t a couple more acronyms to learn.

Negotiate Pricing 105

Negotiate Pricing Negotiating Skills eCommerce Purchasing Skills 105

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

Logistics Bureau

JANUARY 20, 2025

As youll know, if you follow our blog regularly, Logistics Bureau does a great deal of work related to supply chain strategy development and alignment. As a result, weve discovered that many companies lack a defined and documented supply chain strategy. A company without a supply chain strategy is at a competitive disadvantage.

Inventory Reduction 40

Inventory Reduction Resource Reduction Vendor Strategies Cost Reduction 40

Logistics Viewpoints

SEPTEMBER 25, 2023

Greenhouses can be constructed to be like semiconductor clean rooms which would eliminate the need for pesticides. Greenhouses can be located near population centers and the growing season can occur all year long; this improves the freshness of food while reducing GHG emissions. With the Affordable Care Act, those days are gone.

Supply Chain Software 119

Supply Chain Software Food and Agriculture Logistics Network Optimization Software Inventory Reduction 119

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 75

Inventory Reduction Eliminating Excel in Purchasing Inventory Waste Reduction 75

TransAudit

DECEMBER 13, 2023

By embracing a circular supply chain, industry leaders can help: Eliminate waste and pollution Circulate products and materials at their highest value Regenerate nature As organizations continue to optimize supply chains , this process can provide significant benefits. A circular supply chain can reduce greenhouse gas emissions.

Supply Chain Design Software 87

Supply Chain Design Software Supply Chain Design Supply Chain Software Supply Chains 87

GlobalTranz

FEBRUARY 24, 2015

Transportation spending is a perennial target of budget-cutting exercises, and a large, multi-faceted cost center for many companies; some may spend three to six percent of their materials costs on transportation. The bundling of production and transportation costs into vendor contracts is one reason behind this difficulty.

Data 94

Data Transportation Cost Reduction Material Savings 94

Logistics Bureau

JANUARY 2, 2025

Whether that is the case or not, a brief study of the origins and progression of fleet route optimisation, covering the last three decades or so and looking forward to the near future, highlights in a spectacular way how technology, in particular, has revolutionised the business of logistics.

Logistics Network Optimization Software 75

Logistics Network Optimization Software Optimization Software Optimal Sourcing Logistics 75

Talking Logistics

FEBRUARY 26, 2018

Across every industry, IT strategy is now business strategy. Thanks to innovations in software architecture and user interfaces, software vendors today are providing users with easy-to-use tools to build their own extensions and functionality. Kenco is a great example.

Supply Chain Software 72

Supply Chain Software Logistics Network Optimization Software Supply Chains Vendor Strategies 72

Trinity Logistics

OCTOBER 31, 2021

A TMS allows your company to eliminate your manual transportation processes. For one example, a TMS can analyze many batch shipments based on various sophisticated parameters and can determine the most cost-effective route plan for your shipment. Check out Albaugh's Case Study to see how a TMS helped their company.

Optimization Software 126

Optimization Software Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Software 126

Freightos

APRIL 24, 2016

Did You Know That … Early examples of intermodal containers include railroads from 1830s (various sized containers), and Pennsylvania Railroad regular container service (1929). McLean convinces the US Army that shipping containers provide a more reliable service (also eliminating dockside pilfering by Viet Cong sympathisers).

Supply Chain Design Software 121

Supply Chain Design Software Supply Chain Software Events Manufacturing Procurement 121

Conger

JULY 30, 2021

Top challenges and the steps for adopting an omnichannel distribution strategy. 4 Steps for Adapting to an Omnichannel Distribution Strategy. Then, a seller uses a third-party vendor to ship the items to the buyer’s home. To reiterate, an omnichannel strategy will integrate each of these channels. Let’s get started!

Inventory Reduction 52

Inventory Reduction Distribution Vendor Strategies Waste Reduction 52

Ship Monk

APRIL 28, 2023

In addition to satisfying conscientious consumer demand, eco-friendly efforts can benefit your ecommerce business by reducing waste within your company and improving operational efficiencies. Translation: these ecommerce businesses have operating standards that minimize or reduce negative impact on the planet. We have proof.

eCommerce 97

eCommerce Waste Reduction How To Material Savings 97

Logistics Business Magazine

SEPTEMBER 27, 2023

Zebra Technologies Corporation today released the findings of its 2023 Global Warehousing Study, which confirmed 58% of warehouse decision-makers plan to deploy radio frequency identification (RFID) technology by 2028 which will help increase inventory visibility and reduce out-of-stocks.

Supply Chain Planning Software 57

Supply Chain Planning Software RFID Supply Chain Software Inventory Reduction 57

Trinity Logistics

NOVEMBER 17, 2021

In this blog, we’ll dive into what truck detention is, why it happens, how it impacts truck drivers and shippers, and how shippers can help reduce dock delays and detention. A study by the Department of Transportation (DOT) found that because of detention alone, drivers lose an estimated $1.1 billion to $1.3 billion every year.

Supply Chain Planning Software 117

Supply Chain Planning Software Cost Reduction Supply Chain Software Inventory Reduction 117

Globalior

APRIL 30, 2021

For example, the business must decide maximum and minimum rates and thereafter set a priority on timeliness or cost. Several platforms exist that allow users to input the data of existing vendors and predetermine rules for carrier selection. This can be done by deploying time studies and other such tools.

Optimization Software 52

Optimization Software Cost Reduction Resource Reduction Vendor Strategies 52

Logistics Bureau

OCTOBER 23, 2016

No retailer or producer for example, wants to be implicated in a consumer health scare resulting from poor quality-management in their supply chain. The following sections explore some key priorities for logistics operators wishing to meet the imperatives of speed, product quality, waste reduction, and efficiency in fresh supply chains.

Supply Chain Design Software 71

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 71

Conger

JULY 16, 2021

The goal of warehouse automation systems is to eliminate labor-intensive and time-consuming duties. Digital automation relies on software and electronics to reduce manual processes and improve the focus on customers and vendors. Digital automation refers to the use of software and electronics to reduce reliance on manual labor.

Automation 59

Automation Vendor Strategies Trends Expense Reduction 59

Logistics Bureau

SEPTEMBER 28, 2020

The key difference between the two can perhaps be explained in the following example: A 3PL provider working with a paint manufacturer may package and store products as well as transport them to retailers and/or customers. According to a study by The Insight Partners , the global 4PL market was valued in terms of revenue at $56,472.1

4PL 98

4PL Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Design Software 98

Logistics Bureau

JANUARY 18, 2025

As a term it encompasses the strategic alignment of business practices between suppliers, manufacturers, distributors, and retailers working to optimise resource utilisation, reduce costs, and enhance customer service. In fact, you’ve probably experienced the Bullwhip Effect without even knowing it.

Supply Chain Design Software 75

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 75

Logistics Bureau

DECEMBER 28, 2024

Reducing the number of human operators in transport and warehousing is constantly on companies minds. Cloud computing itself is a prime example. IT vendors deliver less physical IT equipment and more virtual services to their customers. 3PLs who are currently vested in diesel-engined fleets may want to take notice. Labour costs.

3PL 74

3PL Trends Supply Chain Design Software Industry 74

Globalior

AUGUST 5, 2020

7 Ways You Can Reduce Costs on Imports If your company is doing any cross-border trade, you have to carefully manage operational costs like transportation charges, insurance, duties, taxes and warehousing expenses. When was the last time you studied the charges on the invoice from your Customs broker? Free Trade Agreements (FTAs).

Cost Reduction 52

Cost Reduction Price Reduction Vendor Strategies Expense Reduction 52

SYSPRO Smarter ERP

SEPTEMBER 20, 2021

For example, before the pandemic, companies could get by with analog machines, paper-based systems, and disconnected point solutions. Similarly, a 2021 study from McKinsey showed that just 19% of companies that had adopted Industry 4.0 I should know. I grew up in manufacturing. The pandemic made that impossible.

Manufacturing Procurement 110

Manufacturing Procurement Optimal Sourcing Optimization Software Digital 110

CH Robinson Logistics

JUNE 28, 2021

These projects have too many moving parts and variables to try to piece it together yourself, and it exposes you to too much financial risk to count on the disparate processes of multiple vendors. Switching between ports, modes, or trade lanes may also be part of a more active strategy to adapt to unpredictability.

Supply Chain Planning Software 99

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 99

Kanban Logistics

AUGUST 13, 2020

Reduce your inventory and speed up the cash cycle. By reducing time buyers spend with non-strategic suppliers, you’ll free them up to work on more important, larger contracts. For example, if a 3PL stores raw materials for a manufacturer, it will be notified by the WMS whenever an order is placed requiring those materials.

Manufacturing Procurement 98

Manufacturing Procurement Inbound 3PL Material Savings 98

GlobalTranz

MAY 26, 2021

For instance, at the height of the pandemic food spoilage was a big issue, but now, with an eye on full forward and reverse logistics, that waste can be rerouted to avoid spoilage and reduce total transport costs. Moreover, a recent study, says Banker, found that shippers are starting to realize that returns must be free.

Reverse logistics 89

Reverse logistics Material Savings Logistics Network Optimization Software Logistics 89

Trinity Logistics

AUGUST 4, 2020

By better managing, using, and analyzing your data, an organization can reduce costs, improve margins, generate revenue, and make smarter business decisions. You can also provide system access to your outside supply chain members such as suppliers, carriers, and vendors. How does a TMS offer you all this? Supply Chain Visibility.

Supply Chain Planning Software 90

Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software Supply Chains 90

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. For example, you can be doing finance in supply chain, or you can be doing operations.

Supply Chain Planning Software 98

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

Talking Logistics

DECEMBER 5, 2018

According to a McKinsey Global Institute study , the construction industry is among the least digitized, ranking 21 out of 22 industries (only Agriculture and hunting ranked lower). As reported in MarketWatch , “The global construction industry has a chronic productivity problem. Getting Started with Digital Transformation.

Conference 77

Conference Optimal Sourcing Optimization Software Supply Chain Software 77

Talking Logistics

MAY 25, 2017

The new Manhattan Active Solutions suites address these challenges, with products and services that are always current and automatically include the customer’s latest extensions and modifications, reducing or eliminating both downtime needed for upgrades and additional fees. Empty miles reduced by 8 percent. Total miles down 7.7

Supply Chain Design Software 25

Supply Chain Design Software Supply Chain Planning Software Conference Modeling Software 25