Exercises Expense Reduction Tools 
Shipping and Freight Resource
JUNE 29, 2020
The more your products get damaged in shipping, the more money your company loses and the effects of that loss can spread throughout your organization, causing both direct and indirect expenses and affecting sales. But if you can reduce cargo and shipping damage , you can cut shipping costs. Make Labels Clear.
The Lean Thinker
JULY 2, 2024
With the justification aside, they next had us go through exercises calculating net present value and ROI for a hypothetical capital investment in tooling – as though a shop floor supervisor would do this at any point in the course of their job. Elimination of waste: Focus on adding value. Customer-driven.
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Logistics Bureau
MAY 24, 2019
If you were to tell me that your company had never looked at its supply chain costs and sought to deliver reductions, I would be mightily surprised. On the other hand, if you told me your company hasn’t been able to sustain any progress in supply chain cost reduction, I wouldn’t be surprised at all.
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. Naturally, overall cost-to-serve will be higher for online than in-store sales due to the added expense involved in picking, packing, and delivering customers’ purchases.
Logistics Bureau
APRIL 3, 2023
If you’re a decision-maker with accountability for your organisation’s entire supply chain, and you’re just starting to think about outsourcing, perhaps to reduce costs or improve service, this post should prove well worth the few minutes it will take you to read it. What Can You Outsource, and What Should You Outsource?
Logistics Viewpoints
FEBRUARY 2, 2023
This article explores two such ways modern digital tools can elevate the performance of 3PLs on the way to creating stickier customers. When billing rates and effective dates change, a system alert notifies both parties in advance, eliminating misunderstandings through improved, proactive communications. But can technology do more?
Logistics Bureau
OCTOBER 10, 2024
You can achieve the benefits by simply rearranging products – within existing storage media – to reduce travel distance for pickers in your warehouse. Essentially, it’s about organising products so that frequently picked items are easily accessible, reducing the travel time for pickers. Reduce product damage.
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