Remove Exercises Remove Material Savings Remove Tools
article thumbnail

4 tips to reduce cargo damage and save money on shipping costs

Shipping and Freight Resource

But if you can reduce cargo and shipping damage , you can cut shipping costs. Other departments of your organization will also save money and function more efficiently, too. With the right packaging, strategy, and tools, you can cut shipping costs by as much as 60%. Choose Packaging and Pallets Carefully.

article thumbnail

Vendor Managed Inventory Model for Supply Chain Cost Reductions

GlobalTranz

As a supply chain director, manager, or boss of a multinational corporation, where the supply chain is an integral part of your business, supply chain cost reductions are always at the forefront of your team’s mind. Vendor Managed Inventory Model for Supply Chain Cost Reductions. What is Reverse Marketing? What is Value Analysis?

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Using Data to Improve Supply Chain Operations

Material Handling and Logistics

Learn how to organize your data operations in alignment with supply chain strategy. Forward-thinking supply chain professionals are looking to advanced technologies to streamline processes, improve accuracy, accelerate delivery and reduce costs. Mistrust of data and analytics tools is not just a supply chain and logistics issue.

article thumbnail

Modeling brewing capacity to drive cost savings at HEINEKEN

AIMMS

A typical question we deal with could be: “should we invest in brewing capacity in South Africa or can we postpone that investment and save costs by importing beer from the Netherlands instead?” It was taxing to report above the country level with this tool. This drove us to adopt a better strategic decision-support tool.

article thumbnail

Boeing: The Turning Point(s)

The Lean Thinker

This was obviously a long time ago, and I have long since (unfortunately) discarded the handout materials because I wanted to reuse the fancy tabbed folder for something else. Maybe they wanted to show the thinking behind how requests for things like upgraded tooling were evaluated.

article thumbnail

Supply Chain Design: A Tool to Help Maximize Value

Logistics Viewpoints

Moreover, this exercise might need to be repeated several times depending on how the war proceeds. Do we have a demand forecasting tool in place and, if so, how good is that forecast? At the same time, another company might have twenty suppliers with similar pricing strategies, who supply the same raw material.

article thumbnail

Supply Chain Optimization: Leveraging Integrated Scenario Planning as a Margin Multiplier

Logistics Viewpoints

Situation Companies are increasingly confronted with complex planning scenarios due to predictable events such as mergers and acquisitions, category expansions, supplier changes, and distribution evolution, as well as disruptive events including demand volatility, material shortages, capacity constraints, and logistical surprises.