Talking Logistics

JULY 5, 2018

Because in supply chains, surprises tend to mean wasted time and added expense. Develop a comprehensive truckload strategy so you’re prepared to handle just about anything. Building the right truckload strategy for your business. We have been studying truck freight attributes and strategies since 2006.

Price Reduction 72

Price Reduction Expense Reduction Waste Reduction Cost Reduction 72

3PL Links

NOVEMBER 26, 2024

Image source: Pexels | Everything You Should Know About Automation in Fulfillment Logistics Introduction to Automation in Logistics Have you ever thought about how Amazon delivers packages quickly and efficiently? And how does technology change the way products are shipped? Automated systems can track inventory in real-time.

Supply Chain Software 62

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

Logistics Viewpoints

JANUARY 30, 2025

Warehouse managers and executives face constant pressure to meet rising customer expectations while maintaining cost efficiency and operational excellence. Overlaying a dynamic layer on top of the WMS can sometimes be the the best and most efficient strategy.

Optimization Software 88

Optimization Software Resource Reduction Automation Logistics Network Optimization Software 88

Locus

JUNE 16, 2023

The question then is: how can companies maneuver this intricate, costly maze successfully? Naturally, the costs of meeting such expectations, especially on the delivery front are also increasing. Read also: How to Calculate the Cost of Transport 2. It is no secret that customer expectations are really high these days.

Cost Reduction 98

Cost Reduction Expense Reduction Inventory Reduction Price Reduction 98

Blue Grace Logistics

FEBRUARY 26, 2024

Transportation Strategy Profitability Search Search BlueGrace Logistics - February 26, 2024 Transportation strategy plays a pivotal role in ensuring efficiency, cost-effectiveness, and ultimately, profitability for businesses.

Inventory Reduction 62

Inventory Reduction Cost Reduction Waste Reduction Expense Reduction 62

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. But the key to meeting the needs of the customers was more than just understanding those needs better. Elimination of waste: Focus on adding value.

Supply Chain Design Software 397

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

CH Robinson Logistics

OCTOBER 28, 2021

Even more so when they’re trying to ship smaller quantities at a higher frequency to meet the ever-increasing consumer demands. How can, therefore, shippers increase the efficiency of their LTL shipping operations while cutting down on costs and retaining their competitive edge?

Cost Reduction 96

Cost Reduction Expense Reduction Supply Chain Planning Software Efficiency 96

Stord

MAY 8, 2024

What is the biggest logistics challenge facing e-commerce/DTC & B2B companies this year and how can it be overcome? (And what should e-commerce/DTC & B2B companies be doing to get ahead of these challenges?)

Optimal Sourcing 158

Optimal Sourcing Supply Chain Planning Software Inventory Reduction Optimization Software 158

TransAudit

FEBRUARY 13, 2025

Companies that rely on reactive strategies risk falling behind, while those that prioritize resilience are better equipped to thrive. Lets explore the key elements of supply chain evolution, the challenges, and how to trade reaction for resilience. Cost Savings : Reduce inefficiencies and last-minute expenses.

Supply Chain Software 59

Supply Chain Software Supply Chain Planning Software Supply Chains Inventory Reduction 59

Logistics Business Magazine

JANUARY 20, 2023

But, how can you drive efficiency, and accuracy whilst saving time in your supply chain with on-time in full strategies? How can you ensure that you’re succeeding in this area? It all comes down to your on-time in full strategies. On this page, we’ll take a close look at OTIF, its benefits, and how you can improve yours.

Expense Reduction 60

Expense Reduction Inventory Reduction Cost Reduction Supply Chains 60

Logistics Bureau

JUNE 5, 2023

But do you know how to operate your fleet for the maximum economy? There are ways and means to reduce excess expenditure in fleet operation , and you can separate them roughly into three categories. Another asset-reduction strategy is to outsource your transportation for particular categories or locations.

Cost Reduction 91

Cost Reduction Purchasing Skills Price Reduction Waste Reduction 91

GlobalTranz

FEBRUARY 17, 2016

This is the second part of my series on various ways to reduce overall costs as it relates to logistics and warehouse cost reductions. In the first part I put forth 6 areas of focus in order to reduce logistics costs. Today, I will now address how a focus on inventory will allow for warehouse cost reductions as well.

Inventory Reduction 65

Inventory Reduction Cost Reduction Waste Reduction Vendor Strategies 65

GlobalTranz

MAY 6, 2015

One reason may be that they haven’t made the paradigm shift as to how to implement lean. Eliminate All Waste in the Supply Chain So That Only Value Remains. o Energy-(Sometimes called the eighth waste): eliminate wasteful energy in the supply chain: minimize electricity, gas, utilities, etc. Reduce Lead Time.

Supply Chain Planning Software 127

Supply Chain Planning Software Waste Reduction Inventory Reduction Supply Chain Software 127

Logistics Bureau

MAY 22, 2016

The ability to reduce inventory levels is only one of a number of reasons to target cycle times as a way to reduce your working capital needs. The key cycles to target for working capital reduction include: The customer order cycle time. Areas in Which to Target Cycle Time Reductions. Supplier lead times.

Material Savings 53

Material Savings Vendor Strategies Inventory Reduction Cost Reduction 53

Logistics Business Magazine

FEBRUARY 15, 2023

As the impact of this continues to be felt, Accenture predicts that consumers will start to cut back on some non-essential items, while businesses will focus on improving operating efficiency. By reducing operating costs and improving productivity, robotic lift trucks can deliver efficiencies, but the timeline naturally varies by operation.

Cost Reduction 56

Cost Reduction Expense Reduction Supply Chain Design Software Price Reduction 56

Locus

JANUARY 10, 2024

We’ll look at four strategies to optimize shelf replenishment, reducing stockouts, improving inventory management, cutting waste, and boosting productivity. Eliminating the Need for Markdowns: By maintaining the right stock levels at the right times, we can avoid bothersome markdowns.

Inventory Reduction 52

Inventory Reduction Cost Reduction Resource Reduction Waste Reduction 52

United World Transporation

JUNE 25, 2020

According to industry experts, fuel purchases can account for approximately 25% of a trucking company’s operating expenses. So, any opportunities to increase fuel efficiency and save money are valued in the industry, and fuel purchase routing is a commonly used strategy by many long-haul truck drivers. What is fuel purchase routing?

Procurement Solutions 98

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GlobalTranz

OCTOBER 16, 2015

So we thought we would impart upon all the shippers out there some tips on how to reduce overall costs for effective LTL Procurement. 10 LTL Procurement Cost Cutting Tips. Meet with senior operations personnel at each contracted carrier. LTL procurement is something we do very well. Carefully select RFP questions.

Negotiating Skills 90

Negotiating Skills Price Reduction Optimal Sourcing Cost Reduction 90

Ship Monk

APRIL 16, 2024

They can use the validated credit card to make far more expensive purchases, or they can resell the card credentials for a profit on the dark web. For this reason, many businesses focus their fraud prevention efforts at trying to reduce the number of transactions that are flagged for manual review.

eCommerce 105

eCommerce Modeling Software How To Procurement Solutions 105

EazyStock

NOVEMBER 19, 2020

Stock replenishment is an important aspect of inventory management, as it ensures the right stock items are being reordered to meet customer demand. Here’s quick overview of what stock replenishment is and how great stock replenishment methods can truly add value to any business. Effective stock replenishment.

Replenishment 98

Replenishment Optimal Sourcing Inventory Reduction Supply Chain Planning Software 98

WorkWave

JULY 28, 2024

The Increasing Demand for Medical Couriers Required Qualifications and Skills How Do You Start a Medical Supply Delivery Business? Meet all necessary licensing and legal obligations 6. Understanding market demands is crucial, as it allows businesses to tailor their services to meet the needs of their target customers.

Material Savings 93

Material Savings Optimization Software Logistics Network Optimization Software Cost Reduction 93

Logistics Viewpoints

MARCH 21, 2024

Self-distribution is an increasingly popular option for healthcare systems to consider when deciding how to manage their supply chain. The challenges brought about by the pandemic made many rethink strategy when it came to inventory, stock on hand, secondary options and the ability to guarantee supply and resiliency.

Supply Chain Planning Software 119

Supply Chain Planning Software Optimization Software Supply Chain Software Inventory Reduction 119

Conger

MARCH 26, 2025

However, renting can become more expensive over time. On the other hand, renting offers flexibility and convenience, with maintenance typically included, saving you time and unexpected expenses. Quieter Work Environment: Reduced noise pollution enhances workplace comfort, facilitating better communication among employees.

Purchasing Skills 52

Purchasing Skills Negotiating Skills Price Reduction Negotiate Pricing 52

Talking Logistics

SEPTEMBER 12, 2017

As a leader, you need many tools to eliminate this mindset. If your team isn’t challenged to meet their goals, your bar is likely set too low. Going “red,” defined as not meeting stated goals, should not be treated as an abject failure if continuous improvement is anywhere in your business plan.

Supply Chain Planning Software 92

Supply Chain Planning Software Supply Chain Software Supply Chains How To 92

Logistics Bureau

MAY 31, 2021

The tips in this article will help you know how to identify the customers, products, and processes that might be inflating your cost to serve (CTS) unnecessarily. 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.

Cost Reduction 98

Cost Reduction Purchasing Skills Expense Reduction Inventory Reduction 98

FreightWaves SONAR

JANUARY 19, 2021

To meet that challenge, managers should first understand their vulnerabilities and then consider many steps – some of which they should have taken long before the pandemic struck.” Remember that those fines amount to extra overhead expenses for carriers, so it’s a cause-and-effect relationship. Request a SONAR Demo.

Cost Reduction 98

Cost Reduction Supply Chain Planning Software Optimization Software Trucking 98

Camelot 3PL Software

NOVEMBER 27, 2024

In today’s rapidly changing logistics landscape, third-party logistics (3PL) providers face mounting pressure to deliver exceptional service, reduce costs, and adapt to ever-evolving client needs. One game-changing way to meet these challenges is by harnessing the power of advanced analytics and reporting.

3PL 52

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GoShip Blog

SEPTEMBER 15, 2021

This can significantly cut back costs compared to a full truckload service. How do I pack the engine for shipment? Crate: Crating is a more expensive yet incredibly secure way to pack an engine. To find the cheapest rates, it’s critical to compare multiple carriers that meet your shipping needs. Our tool is simple.

How To 97

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Log-hub

MARCH 1, 2023

The mistakes that can pull your supply chain far away from the progress are bad cost management strategy, lack of optimized business processes, neglecting data and KPI’s, poor customer service and no future planning. But how to get rid of them? One of them is a bad cost management strategy. The post Emergency alert!

Cost Reduction 52

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GlobalTranz

JANUARY 23, 2019

Effective freight management reduces delays for consumers, helps companies offer Amazonesque shipping benefits and much more. Shippers that wish to succeed in 2019 need to know the top trucking and freight management trends for 2019 and how they will affect shipping practices, global trade, last-mile , and even drivers.

Resource Reduction 83

Resource Reduction Trends Expense Reduction Cost Reduction 83

Conger

DECEMBER 13, 2022

If you're looking for ways to reduce lead times, you’re in the right place. Because in this post, you’ll find 11 effective strategies for doing just that. Identify and Eliminate Bottlenecks. The closer the supplier is to your warehouse or manufacturing plant or location , the easier it is to reduce lead times.

Manufacturing Procurement 52

Manufacturing Procurement Inventory Reduction Vendor Strategies Waste Reduction 52

GlobalTranz

MAY 31, 2017

Not only is it important to find machines that are appropriate for your specific manufacturing operations , but your bottom line will suffer if your equipment isn’t fast enough to meet demand. You'll also need to make sure to hire employees who know how to use each machine. Install a variable speed drive. In the U.S.,

Efficiency 69

Efficiency Material Savings Production How To 69

3PL Links

JANUARY 15, 2025

One effective approach is investing in storage systems, which integrate strategies and tools to simplify workflows and deliver better results. Each option has unique characteristics designed to meet diverse operational needs. How to choose the ideal storage system? Heres a detailed look at the three most common types: 1.

Supply Chain Design Software 48

Supply Chain Design Software Optimization Software Modeling Software Optimal Sourcing 48

Trinity Logistics

NOVEMBER 30, 2021

Optimization This will help you by offering more comprehensive load-building tools so you can identify opportunities to reduce costs, whether through consolidation, multi-stops, zone skipping, pool distribution, or other methods. You’ll have access to experts who know how to make use of all the tools and reporting.

Supply Chain Design Software 116

Supply Chain Design Software Supply Chain Planning Software Logistics Network Optimization Software Optimization Software 116

3PL Links

FEBRUARY 11, 2024

Image source: Rawpixel.com | How to Make Reverse Packaging Logistics More Efficient? Each tactic—from active consumer involvement to sustainable design—is laid out clearly and demonstrates how we may improve the efficiency of packaging recycling.

Sourcing Strategies 48

Sourcing Strategies Waste Reduction Resource Reduction Expense Reduction 48

Logistics Bureau

NOVEMBER 6, 2023

Of course, there is no quick and easy way to curb increases in the cost of energy and labour, but now is an excellent time to start thinking about practical ways to reduce energy usage and increase labour productivity and efficiency. There are several possible ways to eliminate this form of energy wastage.

Cost Reduction 98

Cost Reduction Purchasing Skills Waste Reduction Material Savings 98

3PL Links

DECEMBER 10, 2024

Before you begin LTL shipping, you need to be familiar with what it is and how to use it. This article will provide a detailed reference to LTL shipping, including the definition of LTL, shipping prices, delivery method, and how to manage your LTL shipment to the fullest. How to optimize LTL shipping? What is LTL freight?

Optimal Sourcing 62

Optimal Sourcing Purchasing Skills 3PL Price Reduction 62