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

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?

Outsourcing 98

Outsourcing Optimal Sourcing Supply Chain Software Cost Reduction 98

Logistics Bureau

OCTOBER 2, 2016

Supply chain strategy is critical to business success, but is often underestimated in its importance and hence receives less strategic 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 99

Supply Chain Design Software Supply Chain Design Inventory Reduction Cost Reduction 99

SYSPRO Smarter ERP

JANUARY 19, 2022

When China shut down operations in a bid to contain Covid-19, supply chains ran out of material. To help consolidate loads and reduce costs of shipping, new and bigger container ships capable of carrying 18,000 containers are being built – the size of these container ships has doubled in the last 15 years.

Manufacturing Procurement 105

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software Supply Chains 105

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. Again, these are changes that can add to your cost-to-serve, and, during your transition, you might not have had time to look for ways to reduce expenditure. Why Modeling Makes Sense.

Cost Reduction 98

Cost Reduction Purchasing Skills Expense Reduction Inventory Reduction 98

WorkWave

SEPTEMBER 21, 2021

Rather than simply marching from house to house knocking on doors, sales representatives need to engage specific strategies to ensure that each person who is visited understands why they need the product at hand. One effective strategy is to paint a vivid picture of solving a problem. Experience Empathy and Understand Emotions.

Resource Reduction 40

Resource Reduction Material Savings Cost Reduction Buyer Training 40

GlobalTranz

FEBRUARY 24, 2015

Large shippers can save millions of dollars annually if they obtain and act on this data. 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. Invest in Technology.

Data 94

Data Transportation Cost Reduction Material Savings 94

Logistics Viewpoints

OCTOBER 21, 2021

On the supply side, material shortages, staffing challenges, and shipping capacity constraints are all happening at the same time. However, with the new generation technologies, it now is practical to keep the data feeds fresh to make the modeling exercises a continuous, ongoing discipline. He received his Ph.D.

Supply Chain Design Software 105

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Supply Chain Software 105

SYSPRO Smarter ERP

AUGUST 2, 2023

By leveraging ERP analytics, manufacturers can streamline the management of sourcing strategies for materials and make informed decisions when selecting suppliers during the purchasing cycle. Manufacturers can exercise better control over the return and exchange of items bought from suppliers, ensuring smooth operations.

Manufacturing Procurement 98

Manufacturing Procurement Procurement Analytics Optimal Sourcing ERP 98

SYSPRO Smarter ERP

JUNE 15, 2022

Manufacturers know that the world has changed, They don’t have long production runs anymore, they know they have to ensure the quality and consistency of products, and they are under pressure to reduce costs and increase operational efficiency. They also know that this requires optimizing their manufacturing plants.

Optimization Software 98

Optimization Software ERP Material Savings Cost Reduction 98

AIMMS

JULY 23, 2019

Raw material forecasting is difficult as climate conditions, pests and other natural factors impact its availability. Decision-making goes from a highly tedious and error-prone exercise to a process that combines computational intelligence with the business knowledge needed to analyze the optimizer’s results.

Procurement Analytics 111

Procurement Analytics Supply Chain Planning Software Scenario Planning How To 111

GlobalTranz

OCTOBER 30, 2015

A huge part of effective strategy in any business function is planning. Try this : Designate a file folder near your workspace to collect any materials or notes related to your successes as they occur. Our firm works with companies to identify and execute strategies for growth and value creation. where has the time gone!).

Supply Chain Planning Software 92

Supply Chain Planning Software Scenario Planning Supply Chain Design Software Supply Chain Design 92

ShipLilly

SEPTEMBER 20, 2021

However, the sceptics are not convinced that this move is meant to provide price relief to customers and the anticipated bottom-line effects may not materialize. Others are of the view that this is nothing more than a public relations exercise without really dealing with spot capacity and price issues.

Price Reduction 94

Price Reduction Cost Reduction Material Savings Maritime 94

Logistics Bureau

MARCH 3, 2019

For example, if speedy delivery is a part of your service strategy (which is often the case in today’s on-demand environment), you will either need to locate your warehouses close to customers, or close to the facilities of your preferred carriers. Your distribution strategy too, will have a bearing on network optimisation.

Supply Chain Design Software 103

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Scenario Planning 103

The Logistics of Logistics

MARCH 14, 2023

Reduces operational costs by defining and automating data collection and management processes, and developing analytic tools to provide insights into trends and inefficiencies. What Is SOC Compliance? To learn more about OneRail’s last mile platform, schedule a demo today.

Compliance 195

Compliance Supply Chain Design Software Supply Chain Planning Software Logistics Network Optimization Software 195

The Lean Thinker

DECEMBER 21, 2017

That book provides working examples of vertical linkage between organizational strategy and shop floor improvement efforts. I started making changes to my own materials based on my early look at the manuscript.). Everything else is bonus material. Mike Rother and Gerd Aulinger published Toyota Kata Culture early this year.

Material Savings 237

Material Savings Examples Resource Reduction How To 237

Logistics Bureau

MARCH 30, 2020

Because China is the world’s leading supplier of components, raw or processed materials, and major subsystems. Once this exercise is completed, your company can then assess the risk from tier-two suppliers onwards. The reasoning behind this, is that the chances of all plants being disrupted at the same time are significantly reduced.

Supply Chain Design Software 64

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 64

Logistics Viewpoints

SEPTEMBER 28, 2021

Raw materials are in short supply, many manufacturers have temporarily mothballed production lines, transportation costs are rising, and labor is getting tight on our roadways , railways and ocean vessels. Until we have this kind of pervasive visibility, inventory management will continue to be largely an exercise in futility.

Supply Chain Planning Software 98

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

GoShip Blog

MARCH 21, 2023

Materials, machinery, and other physical goods are all delivered through freight services, whether it is in-house or through third-party logistics. Manufacturers often rely on inbound freight to transport all the materials and machinery they need to produce their products. What is Inbound Freight?

Inbound 52

Inbound Optimization Software Material Savings Optimization 52

Logistics Business Magazine

MAY 5, 2020

With current events in mind, managing future supply chain disruptions will be an integral component of corporate strategy. Creating supply chain resilience is a holistic exercise that involves more than just a few savvy logistics people. How then to build a strategy? Lastly, consider materials. Risk Assessment.

Supply Chain Planning Software 45

Supply Chain Planning Software Supply Chain Software Supply Chains Sourcing Strategies 45

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

Logistics Bureau

OCTOBER 12, 2020

Golden Rule #1: Meaningful KPIs Require a Meaningful Strategy. I’ve written many posts on this blog about the importance of having a supply chain strategy aligned with the overall business plan, and why it is a mistake to have misaligned strategies. I’ve also described some of the issues that can arise from such an error.

Supply Chain Software 52

Supply Chain Software Supply Chains Material Savings Sourcing Strategies 52

Logistics Viewpoints

MAY 22, 2023

Moreover, this exercise might need to be repeated several times depending on how the war proceeds. At the same time, another company might have twenty suppliers with similar pricing strategies, who supply the same raw material. Their time frame was short and resources limited.

Supply Chain Design Software 109

Supply Chain Design Software Supply Chain Design Supply Chain Software Modeling Software 109

Talking Logistics

OCTOBER 29, 2018

TMS Strategy & Building the Business Case. It begins with a strategy project that documents the current state process, information, and data flows. If both the strategy and selection projects succeed, then there is a greater chance that a TMS can get implemented on-time and within budget, but not necessarily.

Supply Chain Design Software 74

Supply Chain Design Software Supply Chain Planning Software Modeling Software Resource Reduction 74

Logistics Bureau

DECEMBER 28, 2024

The new supply chain remedy born during the 1970s and 80s and refined over the years as globalization has materialized. This loss of focus can result in under performance and revenue reduction. Many companies struggle with the vexing question; is outsourcing warehousing the right strategy for me? How have the coped? Outsourcing.

Outsourcing 52

Outsourcing Inventory Reduction Cost Reduction Price Reduction 52

AIMMS

JULY 23, 2019

Raw material forecasting is difficult as climate conditions, pests and other natural factors impact its availability. Decision-making goes from a highly tedious and error-prone exercise to a process that combines computational intelligence with the business knowledge needed to analyze the optimizer’s results. – Tweet this.

Procurement Analytics 62

Procurement Analytics Supply Chain Planning Software Scenario Planning How To 62

Logistics Bureau

NOVEMBER 30, 2024

Supply Chain Strategy You might expect that an article section on supply chain strategy would contain some pretty complicated concepts and ideas. If so, prepare to be surprised, because it doesn’t get any more basic than this: Your company must have a documented and commonly understood supply chain strategy. “What?”

Supply Chain Design Software 40

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

Logistics Bureau

OCTOBER 31, 2016

Supply Chain Strategy. You might expect that an article section on supply chain strategy would contain some pretty complicated concepts and ideas. If so, prepare to be surprised, because it doesn’t get any more basic than this: Your company must have a documented and commonly understood supply chain strategy. “What?”

Supply Chain Design Software 45

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 45

Logistics Bureau

JULY 18, 2018

In a manufacturing plant, reverse logistics performance is tied to the money or materials that can be recovered cost-effectively from the returned product. A plan is necessary, possibly based on one of the following strategies. Reverse Logistics Strategy 1: Don’t do it! Reverse Logistics Strategy 2: Make it Painless.

Reverse logistics 53

Reverse logistics Vendor Strategies Logistics Network Optimization Software Supply Chain Design Software 53

Ship Monk

AUGUST 2, 2023

If you don’t have anything unique to talk about, then perhaps you should reconsider your product strategy. Selling on Amazon may or may not be part of that strategy, but be sure you understand the differences between Fulfillment by Amazon (FBA) , Fulfilled by Merchant (FBM) , and Seller Fulfilled Prime (SFP) before committing to any of them.

eCommerce 52

eCommerce Material Savings Cost Reduction Sourcing Strategies 52

Conger

MAY 6, 2019

When it comes down to applying lean strategies, it’s not so easy. Toyota Material Handling U.S.A. Toyota Material Handling Mid South. “I That goes for the time wasting processes and the time saving processes alike.”. The whole purpose of Lean thinking is to identify and reduce waste. Shoppas Material Handling.

Waste Reduction 60

Waste Reduction Inventory Reduction Material Savings Sourcing Strategies 60

FourKites

JANUARY 7, 2021

They invest in new technologies and data-driven processes that allow them to exercise precise control over the business. For example, a manufacturing company loses incredible amounts of money every time an assembly line is forced to stop due to insufficient raw materials (known as a “ line down cost ”).

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Supply Chains Scenario Planning 52

Automotive Logistics

APRIL 15, 2019

For automotive, the luxury segment is also using AR to enhance production, reduce cost of design and provide a better customer experience,” she says. According to DB Schenker, the programme is based on a total of six exercises – each of which instructs learners about the various steps involved by encouraging ‘playful’ learning.

Supply Chain Design Software 54

Supply Chain Design Software Supply Chain Planning Software Modeling Software Supply Chain Software 54

Logistics Bureau

SEPTEMBER 22, 2016

There’s Still a Place for Reading Material. You can always use testing (as a condition of issuing the reading material) or some similar exercise based on the books your employees receive, to ensure they use the material to further their own supply chain education. Click To Tweet. Monczka, Robert B.

Supply Chain Planning Software 49

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 49

GlobalTranz

MARCH 3, 2016

With it, you will be able to apply for a line of credit with your bank but even more than that, your business plan is also an exercise in specifying which niche you will be targeting and who your customers are. In general, the best tip to reduce the price you have to pay for your freight broker bond is to work on improving your credit score.

Negotiating Skills 51

Negotiating Skills How To Buyer Training Freight 51

Supply Chain Brain

MAY 7, 2018

to the complex exercise of pricing. Among its greatest strengths is the ability to monitor variations in raw-material costs, driven by economic cycles, changes in supplier stability, and tax policies, to name but a few relevant factors. of course, has the potential to affect multiple stages and functions of the supply chain.

Price Reduction 40

Price Reduction Supply Chain Planning Software Modeling Software Supply Chain Software 40

Logistics Business Magazine

DECEMBER 11, 2022

A big part of what companies need to do when building a future strategy is to look out into the future and say, “These are the things that we think we want to do and be five years from now”. Having a platform where suppliers can see the demand and can update their commits will reduce surprises and improve service levels.

Supply Chain Planning Software 55

Supply Chain Planning Software Supply Chain Software Supply Chains Trends 55