Talking Logistics

AUGUST 20, 2023

The sad truth, however, is that a lot of capacity gets wasted too. We see this, for example, in the number of empty backhauls that happen every day. There is another form of wasted capacity, however, that many shippers overlook — that. The sad truth, however, is that a lot of capacity gets wasted too. Read more

Cost Reduction 147

Cost Reduction Waste Reduction Video Optimization 147

Logistics Viewpoints

FEBRUARY 7, 2024

For example, most people expect free next-day delivery for online purchases as a result of Amazon Prime. This is especially true when looking at route optimization, asset utilization, real-time visibility, energy savings, waste reduction, and efficiency. Finally, warehouses are placing an increased emphasis on waste reduction.

Supply Chain Design Software 178

Supply Chain Design Software Supply Chain Software Supply Chain Design Supply Chains 178

Logistics Bureau

DECEMBER 12, 2024

On occasion though, some supply chain companies cost reduction efforts get taken too far, especially when ambitious initiatives are embarked upon, intended to significantly reduce operational costs. Some supply chain companies cost reduction efforts have been based on employing a lean strategy.

Cost Reduction 60

Cost Reduction Waste Reduction Expense Reduction Inventory Reduction 60

Logistics Viewpoints

JUNE 16, 2021

Companies are investing more money into sustainability initiatives, seeking to reduce waste and carbon emissions. More recently, we have seen a push towards building a circular supply chain to eliminate waste and build a continual use of resources. The Sustainable Supply Chain. The Circular Economy.

Supply Chain Planning Software 162

Supply Chain Planning Software Supply Chain Design Software Waste Reduction Supply Chain Design 162

Logistics Viewpoints

MARCH 2, 2023

These are the companies and leaders that aren’t letting a good downturn go to waste. HBR also cites technology’s ability to cut costs and to make “companies more agile and therefore better able to handle […] uncertainty and rapid change.” Reduced working capital. Reduced working capital. Faster order-to-cash.

Waste Reduction 138

Waste Reduction Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 138

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 202

Waste Reduction Cost Reduction Inventory Reduction Resource Reduction 202

Logistics Bureau

DECEMBER 13, 2024

Supply chain cost reduction is not something to be tackled as a project. In the meantime the supply chain continues to change and evolve, which potentially means that without vigilant monitoring, costs continue to creep upwards, making the next cost-reduction project more challenging than the last. Guesswork will not do.

Cost Reduction 60

Cost Reduction Waste Reduction Material Savings Inventory Reduction 60

Logistics Viewpoints

AUGUST 1, 2024

Top Challenges Faced by Companies: Customer Preferences: Example: An online fashion retailer faces the challenge of constantly changing customer preferences. They design their supply chain on a continuous basis and focus on ecommerce retailing strategies that segment their customer base according to buying behavior.

Supply Chain Design Software 169

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Scenario Planning 169

Logistics Bureau

DECEMBER 14, 2024

Many articles on the topic of supply chain cost reduction have been written, most of which are understandably focused on issues such as inventory levels , network design , process efficiencies and supplier management/relationships. You also need to think about the indirect ways in which packaging can support supply chain cost reductions.

Cost Reduction 63

Cost Reduction Material Savings Expense Reduction Waste Reduction 63

Talking Logistics

JULY 20, 2023

The sad truth, however, is that a lot of capacity gets wasted too. We see this, for example, in the number of empty backhauls that happen every day. There is another form of wasted capacity, however, that many shippers overlook — that.

Cost Reduction 113

Cost Reduction Waste Reduction Optimization Transportation 113

Logistics Viewpoints

AUGUST 5, 2021

I was drawn to Hunter and Amory Lovins, who advocated a strategy pairing energy efficiency with renewables, long before its current popularity. After all, what’s the point of installing solar panels only to waste the greener energy produced? These examples address the source, make, and deliver areas of supply chain.

Supply Chain Planning Software 190

Supply Chain Planning Software Supply Chains Material Savings Waste Reduction 190

The Lean Thinker

JULY 2, 2024

Those groups came back from their experience with an visceral understanding that the status-quo wasn’t going to cut it in the face of the then newly emerging Airbus. Elimination of waste: Focus on adding value. The structural designs were far more tolerant of production variation, for example. Customer-driven.

Supply Chain Design Software 397

Supply Chain Design Software Price Reduction Supply Chain Planning Software Optimization Software 397

Logistics Viewpoints

JUNE 4, 2024

With tart cherry juice sales transitioning into a steady demand pattern, retailers must adapt their inventory strategies accordingly to meet this evolving consumer preference. It serves as a compelling example of how retailers must reassess their inventory strategies to adapt to rapidly shifting market demands driven by trends.

Inventory Reduction 145

Inventory Reduction Supply Chain Planning Software Inventory Waste Reduction 145

The Logistics of Logistics

DECEMBER 7, 2020

Triple Bottom Line is a business methodology that aims to reduce waste and negative aspects of business operations. Example: reducing water usage by installing low-flow toilets and sinks in your office. Outputs: products and services for customers, value generated, but also pollution and waste. Public relations.

Waste Reduction 195

Waste Reduction Supply Chain Design Software Resource Reduction Supply Chain Design 195

Material Handling and Logistics

MAY 2, 2018

billion metric tons—gets lost or wasted. Much of the food waste produced around the world can be traced back to inconsistencies in the supply chain: inventories aren’t recorded, suppliers aren’t informed, and quality isn’t taken into account. Every year, one third of the food produced in the world for human consumption—or 1.3

Waste Reduction 137

Waste Reduction Waste Procurement Analytics Food and Agriculture 137

Logistics Bureau

MAY 30, 2022

Our three pillars (or fundamentals) of great supply chain management excellence are strategy, service, and cost. Aligning strategy, service, and financial factors in your supply chain operation is essential to support your company’s overall business strategy , mission, and objectives. The Importance of Alignment.

Inventory Reduction 117

Inventory Reduction Cost Reduction Price Reduction Supply Chain Planning Software 117

Logistics Viewpoints

MAY 3, 2022

We found three key strategies that could serve as a blueprint for other supply chains: Rethink Packaging. That waste – not to mention the resources used to replace it – adds up fast. E-commerce companies may look for ways to pack multiple goods into one package before shipping, increasing efficiency while also reducing waste.

Supply Chain Design Software 134

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 134

Logistics Bureau

DECEMBER 7, 2024

Is it a good idea to reduce working capital in a supply chain? Current liabilities are typically accounts payable, meaning the money you are due to payout, for example to suppliers. McDonalds, Amazon, Dell, General Electric, and Wal-Mart are examples. Yes, in general. Some other large companies have applied a similar model.

Material Savings 69

Material Savings Inventory Reduction Cost Reduction Vendor Strategies 69

FreightWaves SONAR

JANUARY 5, 2021

Although many carriers have worked diligently towards reducing operational costs and increasing profit margins, there is still work to do for the top for-hire truckload freight carriers to improve. Freight data reduces dwell time and load time. Operational costs continue to increase for carriers year to year.

Cost Reduction 105

Cost Reduction Waste Reduction Expense Reduction Price Reduction 105

CH Robinson Logistics

JULY 7, 2021

The European Union has recently legalised its commitment to have Europe become the first climate neutral continent by 2050 and has agreed between all member states and the EU Parliament, that the bloc will reduce carbon emissions by at least 55 percent by 2030. Cut waste, cut costs, cut emissions.

Waste Reduction 103

Waste Reduction Cost Reduction Inventory Reduction Supply Chain Planning Software 103

Logistics Viewpoints

DECEMBER 17, 2024

Most organizations have public commitments to reduce their carbon footprint, with some of the more aggressive goals promising net zero emissions as early as 2040. Reducing emissions from transportation is crucial to achieving organizations sustainability goals. Freight transportation makes up over 10% of total global carbon emissions.

Supply Chain Planning Software 96

Supply Chain Planning Software Supply Chain Software Procurement Solutions Optimal Sourcing 96

Logistics Viewpoints

APRIL 3, 2024

Across the globe, companies continue to pledge to reduce their emissions, capture their emissions, and help to reduce the negative impacts of climate change. The first example was the Planetary Equilibrium Tee , which was a collaboration between the North Face and Spiber.

Manufacturing Procurement 158

Manufacturing Procurement Supply Chain Design Supply Chains Resource Reduction 158

Logistics Business Magazine

OCTOBER 16, 2024

3 key areas to enhance sustainable peak season performance Reducing downtime with smart equipment choices Unplanned downtime is the adversary of peak season success. For example, Ammeral Beltech Ziplink belts are engineered to reduce maintenance needs and can be installed quickly, even under high-pressure conditions.

Waste Reduction 60

Waste Reduction Resource Reduction Material Savings Cost Reduction 60

SYSPRO Smarter ERP

JULY 19, 2022

Businesses are continuously trying to find ways to maximize productivity and reduce waste to remain competitive in the global marketplace. However, manufacturers can only reap those benefits if they implement the right processes to enable this approach and embrace a strategy of continuous improvement. What is lean manufacturing?

Manufacturing Procurement 105

Manufacturing Procurement ERP Waste Reduction Material Savings 105

Logistics Viewpoints

AUGUST 19, 2024

In practice, it implies reducing waste to a minimum. In some industries, like electronics, legislation is requiring that electronic waste be reduced. Despite legislation, in 2022, the world generated 62 million metric tons of e-waste, according to the United Nations Global E-waste Monitor.

Waste Reduction 164

Waste Reduction Supply Chain Design Material Savings Waste 164

Logistics Bureau

DECEMBER 6, 2024

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 89

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

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. High Cost to Serve: It’s an Omnichannel Problem.

Cost Reduction 118

Cost Reduction Purchasing Skills Expense Reduction Inventory Reduction 118

Logistics Viewpoints

OCTOBER 9, 2024

DPPs simplify compliance by consolidating all necessary information in one place, reducing administrative burdens. As the regulatory environment continues to shift, companies that adopt DPP strategies will be better prepared for the future. Environmental Protection Agency focuses on lifecycle analysis and waste management.

Compliance 133

Compliance Digital Sourcing Strategies Waste Reduction 133

WorkWave

JULY 12, 2024

Proper waste management is crucial for businesses of all sizes, not only to comply with regulations but also to minimize environmental impact and reduce costs. Inefficient waste management practices can lead to increased disposal costs, harm to the environment, and even damage to a company’s reputation. Empower Drivers 5.

Waste Reduction 52

Waste Reduction Waste Material Savings Cost Reduction 52

3PL Links

NOVEMBER 12, 2024

With logistics, labor, and inventory costs on the rise, finding targeted ways to reduce expenses can have a significant impact on your bottom line. Here are seven proven strategies every supply chain manager should explore to streamline operations, boost efficiency, and drive profitability.

Cost Reduction 62

Cost Reduction Material Savings Supply Chain Software Supply Chain Planning Software 62

Talking Logistics

FEBRUARY 14, 2022

As shippers, carriers, and logistics service providers look for ways to innovate and eliminate waste and inefficiencies from transportation management, one area that is starting to get more attention is transportation procurement. For example, an October. Read more How Technology is Transforming Transportation Procurement.

Procurement 123

Procurement Logistics Network Optimization Software Waste Reduction Transportation 123

Parade

MARCH 3, 2021

Digitize Invoicing to Eliminate Errors and Guard Cash Flow. Whether in packing a freight truck or tracking invoices, wasted time and resources can quickly eat into your margins. And in the example of invoices, the unwieldy process of cross-referencing and auditing means that fraud in the logistics business is all too common.

Supply Chain Software 148

Supply Chain Software Supply Chain Planning Software Resource Reduction Cost Reduction 148

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 131

Supply Chain Design Software Supply Chain Design Inventory Reduction Cost Reduction 131

Logistics Viewpoints

SEPTEMBER 13, 2023

As a result, supply chains continue to be wasteful when looking at time, inefficiencies, and emissions. As part of its connected geo strategy, FourKites has expanded its operations to Japan, as it sees the country as an important link in the global supply chain.

Supply Chain Planning Software 173

Supply Chain Planning Software Waste Reduction Optimal Sourcing Supply Chain Software 173

Logistics Bureau

JANUARY 9, 2019

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 118

Supply Chain Design Software Supply Chain Design Inventory Reduction Cost Reduction 118

3PL Links

DECEMBER 3, 2024

The Lean method was created by the Japanese company Toyota with the aim of optimizing manufacturing flows and eliminating everything that generates errors, delays, and bottlenecks. This is the concept behind Lean Logistics, an approach focused on eliminating waste and increasing efficiency : What is Lean Logistics?

Waste Reduction 62

Waste Reduction Inventory Reduction Optimal Sourcing Resource Reduction 62

Logistics Bureau

NOVEMBER 2, 2020

One way to tell if a CSR programme is simply a marketing strategy is to check the length of the project. Care for the environment: Businesses have a responsibility to cut back on carbon emissions, dispose of waste in a non-polluting way, and support environmental care programmes. Examples of CSR Programmes.

Waste Reduction 117

Waste Reduction Resource Reduction Supply Chain Design Software Supply Chain Planning Software 117