Logistics Bureau

MAY 31, 2016

When customers step up pressure on prices and when economic growth flattens or dips, a supply manager’s mind turns to cost reduction. Or rather, it turns even more to cost reduction, as squeezing out savings that then show up directly on the bottom line is a goal that never goes away. Elimination of redundant activities.

Cost Reduction 53

Cost Reduction Inventory Reduction Material Savings Expense Reduction 53

SYSPRO Smarter ERP

JULY 26, 2022

Each vendor offering similar value propositions, functionality and benefits and technical jargon is the name of the game. If you are about to embark on the journey towards finding a new ERP vendor, here are some considerations and guidelines centered on those three factors. . and the benefits of next generation technologies.

Modeling Software 105

Modeling Software Optimization Software Vendor Strategies ERP 105

Freightos

JANUARY 15, 2024

For example, the Freightos Baltic Index indicates a 69% increase to North America’s East Coast and a staggering 226% to Northern Europe since the crisis began. Navigating the Storm: Strategies for SMB Importers in 2024 There is no golden ticket for solving these challenges.

Negotiating Skills 127

Negotiating Skills Optimal Sourcing Price Reduction Cost Reduction 127

Logistics Viewpoints

SEPTEMBER 26, 2022

For example, shippers spent much of last year bemoaning soaring ocean shipping rates and ships waiting for days to unload once they reached their destination port. The signals tend to lag what is happening in the market and companies tend to be slow to cut production. Rising unemployment appears to be inevitable.

Supply Chains 111

Supply Chains Vendor Strategies Manufacturing Procurement Inventory Reduction 111

Locus

JUNE 23, 2023

So, knowing more about order fulfillment, its importance, process, and strategies is critical. With an efficient order fulfillment process, businesses can reduce their shipping costs and improve their turnaround times which helps them increase their sales and revenue. Let’s fill in! What is Order fulfillment?

Inventory Reduction 52

Inventory Reduction Cost Reduction Resource Reduction Vendor Strategies 52

Logistics Viewpoints

AUGUST 15, 2022

GEP and the North Carolina State University (NCSU) Supply Chain Resource Cooperative surveyed supply chain, procurement and IT professionals across a range of industries to gain insight into their priorities and strategies regarding supply chain resilience and optimization. For example, are you still a minority owned company?

Manufacturing Procurement 126

Manufacturing Procurement Procurement Analytics Optimal Sourcing ERP 126

SYSPRO Smarter ERP

NOVEMBER 22, 2021

When embarking on your ERP journey it’s vital to select a vendor that can cater to your industry-specific challenges and that will partner with you as a trusted advisor at every step of the way. For example, reports and analytics in your ERP system can help you identify areas where improvements can be made.

ERP 111

ERP Supply Chain Planning Software Supply Chain Design Software Vendor Strategies 111

GlobalTranz

MAY 28, 2015

These are but extensions of the idea to maximize omni- channel strategies by putting the customer at the heart of the supply chain. . 5 Strategies to Personalize Your Web Experience to Put the Customer Focus at the Heart of the Omni-Channel Supply Chain. Services Personalization. Personalized E-Mail Campaign.

Supply Chain Software 93

Supply Chain Software Vendor Strategies Supply Chains Waste Reduction 93

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. Nearly 60 percent of those surveyed reported waiting for longer than two hours on each load. Freightwaves also collected data on driver wait times.

Supply Chain Planning Software 117

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

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.

eCommerce 97

eCommerce Waste Reduction How To Material Savings 97

Now, That's Logistics

JULY 13, 2021

Calling the COVID-19 pandemic a “rude awakening” for many companies, McKinsey says one of its recent surveys revealed that about 42% of respondents report that the crisis weakened their companies’ competitive position (compared with just 28% that say their companies increased their competitive edge during the pandemic).

Supply Chains 113

Supply Chains Logistics Network Optimization Software Resource Reduction Vendor Strategies 113

20Cube Logistics

SEPTEMBER 17, 2021

A recent survey revealed that about 92% of freight forwarders are partnering themselves with technology to optimise their processes and to add value to customers. This saves you valuable time and gives you detailed analytics to help reduce costs too. For example, you can monitor vendor compliance levels or supply chain efficiency.

Vendor Strategies 52

Vendor Strategies Supply Chain Design Software Inventory Reduction Supply Chain Planning Software 52

GlobalTranz

AUGUST 18, 2015

What Data Analytics and Business Process Strategy Services Are Offered? Shippers report capacity as their top concern for selecting a 3PL service provider, specifically 65 percent of surveyed shippers. This also involves the concept of vendor management.

Logistics Network Optimization Software 96

Logistics Network Optimization Software Procurement Analytics Inventory Reduction Supply Chain Software 96

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

GlobalTranz

JUNE 15, 2017

Sugar-coated reports, part-truth about certain capabilities or consolidation of vendors to bypass regulations may integrate with the company’s culture. With an application of statistical methods, the causes of errors are reduced or are eliminated. Spheres like logistics involve numerous stakeholders and many-sided activities.

Buyer Training 84

Buyer Training Logistics Network Optimization Software Vendor Strategies Supply Chain Software 84

GlobalTranz

APRIL 21, 2017

Obviously, it saves money and reduces overhead, but where? For example, everyone knows that sales will peak around the holidays, but analytics can identify peaks that happen when you think you are in a lull. A TMS may also help everyone involved by reducing the amount of paperwork needed per shipment.

Supply Chain Planning Software 64

Supply Chain Planning Software Vendor Strategies Optimization Software Inventory Reduction 64

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

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. The best example of a 4PL model is Amazon.com. Amazon: A Hard 4PL Act to Follow. Some Australian 4PL Models.

4PL 98

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

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. In metal fabrication, for instance, the industry I know best, cost pressure is squeezing vendors, especially with metal prices continuing to rise. The pandemic made that impossible.

Manufacturing Procurement 110

Manufacturing Procurement Optimal Sourcing Optimization Software Digital 110

Talking Logistics

FEBRUARY 28, 2018

This new customer-centric reality is prompting manufacturers and retailers of all sizes to revisit their strategies and capabilities to succeed in this highly- dynamic, highly-uncertain, and highly-competitive environment. In March 2017, for example, Walmart pulled the plug on building a 1.2-million-square-foot

Inventory Reduction 36

Inventory Reduction Vendor Strategies Cost Reduction Supply Chain Planning Software 36

Blue Grace Logistics

NOVEMBER 24, 2020

According to a March survey conducted by the Institute for Supply Chain Management, nearly 75% of U.S. The health care supply chain is a perfect example. For example, an integrated health care system master vendor list can include upward of 6,000 distinct organizations, suppliers, vendors, and manufacturers.

Supply Chain Planning Software 62

Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software Supply Chains 62

AIMMS

SEPTEMBER 28, 2020

Insights from Gartner’s Hype Cycle for Supply Chain Strategy, 2020. Our recent survey showed that only 17% of organizations make it a priority to invest in innovation. Gartner’s Hype Cycle for Supply Chain Strategy, 2020 offers some guidance. AIMMS in Gartner’s Hype Cycle for Supply Chain Strategy, 2020.

Supply Chain Design Software 62

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 62

Talking Logistics

NOVEMBER 10, 2017

In other words, how many driving hours will be cut back? This week, for example, CCJ reported that “60 percent of fleets running between 1 and 100 trucks have yet to adopt ELDs, according to a recent survey conducted by CarrierLists.” Data and predictions have been all over the map.

Supply Chain Planning Software 0

Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Software Survey 0

Ship Monk

JANUARY 19, 2024

You can engage in cross-sell and upsell strategies to increase average order value. This is a by-no-means-complete list of our storefront integration partners and other third-party ecommerce software vendors. The competition is fierce, especially for an unknown brand, or a vendor selling the same brands as everyone else.

eCommerce 105

eCommerce Logistics Network Optimization Software Optimization Software Purchasing Skills 105

Talking Logistics

NOVEMBER 14, 2017

For example, consider the multitude of companies involved in the process of manufacturing, warehousing and distributing a single pair of shoes. According to a Deloitte survey of large companies with $500 million or more in revenue, 25% of respondents expected to invest more that $5 million in blockchain technology in 2017.

Supply Chain Software 77

Supply Chain Software Supply Chains Logistics Network Optimization Software Vendor Strategies 77

GlobalTranz

JANUARY 16, 2017

In fact, up to 70 percent of companies surveyed in Europe have already implemented cloud-based solutions to enable rapid scalability and flexibility. Essentially, the cloud is working to reduce overall risk and reduce costs along the way, but it is also becoming key to increasing accountability and visibility throughout an organization.

Supply Chain Design Software 59

Supply Chain Design Software Supply Chain Software Supply Chain Design Analysis 59

GlobalTranz

DECEMBER 17, 2014

For example, on average the cost savings from automating a manually processes purchase order is $9.89, for an invoice is $11.58 In addition to opening new business opportunities, EDI integration reduces the risk of chargebacks. However, that does not mean that return on investment (ROI) is difficult to achieve.

Supply Chain Software 93

Supply Chain Software Sourcing Strategies Expense Reduction Cost Reduction 93

GlobalTranz

DECEMBER 22, 2016

More importantly, the named retailers have also expanded online sales options to include products direct from manufacturers and various dealers or vendors. For example, big data is all the data compiled and analyzed. True, all analytics do provide insight, but the different types describe different ways data can be used.

Trends 78

Trends Industry Supply Chain Design Software Supply Chain Planning Software 78

GlobalTranz

JANUARY 10, 2017

In other words, the use of AI may help to improve patient outcomes and reduce delays from misdiagnoses or laboratory testing. A 2016 Accenture survey, reports RF Gen , explained how more companies are taking advantage of AI benefits through linked supply chains. billion by 2018 to grow these relationships.

Manufacturing Procurement 65

Manufacturing Procurement Optimal Sourcing Procurement Analytics Procurement Solutions 65

Logistics Bureau

JULY 18, 2018

Looking to real-life examples for inspiration, we can ask, ‘Who does reverse logistics well?’ For regulators and the public, reverse logistics may be judged by how safe and how green the process is, for example, recycling products instead of throwing them into a landfill. Reverse Logistics Strategy 1: Don’t do it!

Reverse logistics 53

Reverse logistics Vendor Strategies Logistics Network Optimization Software Inventory Reduction 53

WorkWave

MARCH 31, 2023

Types You can use many different types of referrals as part of your reputation management strategy. Tips and Strategies Customers are more likely to participate in referrals if they are satisfied with your product. Reviews Reviews represent another major reputation management strategy. Blog posts can be another type of review.

Material Savings 52

Material Savings Vendor Strategies Optimization Software Resource Reduction 52

GlobalTranz

OCTOBER 27, 2015

If your business is not sound and prepared for engagement with any vendor, much less partnering with a logistics company, you will hardly reap the rewards of hiring outside expertise to bridge the gaps your company is not able to fill using in-house resources. This starts with deploying the S.M.A.R.T. technique to your own business.

Logistics Network Optimization Software 90

Logistics Network Optimization Software Supply Chain Planning Software Logistics Resource Reduction 90

Logistics Bureau

MAY 4, 2016

Understanding what kinds of goals and performance should be measured starts with understanding the value the company offers its customers, and the business strategy it uses to make sure customers keep buying from the company. For example, sales and marketing push for higher inventories and lower volume orders to keep customers satisfied.

Supply Chain Design Software 56

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 56

Logistics Bureau

JULY 27, 2016

For example, companies often make the mistake of ramping up performance evaluation only when one of their vendors begins to let them down. Once your vendor is failing to meet delivery schedules or provide a reliable service, supplier performance evaluation becomes little more than a big stick with which to beat the offender.

Vendor Strategies 40

Vendor Strategies Resource Reduction Waste Reduction Inventory Reduction 40

247 Customs Broker

MARCH 1, 2018

If there were one clear-cut conclusion to be drawn from our “2018 Warehouse and Distribution Center (DC) Equipment Survey,” it would be that the outlook for spending is bullish. At the same time, the survey revealed growing interest in the use of relatively new types of technology, including robotics, drones and smart glasses.

Supply Chain Software 28

Supply Chain Software Survey Automation Supply Chain Planning Software 28

Logistics Bureau

JANUARY 21, 2025

Understanding what kinds of goals and performance should be measured starts with understanding the value the company offers its customers, and the business strategy it uses to make sure customers keep buying from the company. For example, sales and marketing push for higher inventories and lower volume orders to keep customers satisfied.

Supply Chain Design Software 40

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 40

Blog on Log

AUGUST 11, 2006

Locating near delivery points cuts transportation costs. Generally, costs are associated with shipping from the distribution center to the end user, as opposed to vendors shipping into the distribution center. An optimum distribution center location for a major retailer, for example, needs to best serve its delivery points.

Cost Reduction 40

Cost Reduction Expense Reduction Vendor Strategies Purchasing Skills 40