Logistics Viewpoints

MARCH 10, 2022

Regardless, manufacturers actively seek ways to improve their environmental, social, and governance (ESG) scores by reducing their holistic carbon footprint to attract/retain investors, customers, and employees. In effect, government/customers/investors are calling the energy sector to dramatically reduce its carbon intensity.

Logistics Network Optimization Software 169

Logistics Network Optimization Software Expense Reduction Cost Reduction Trends 169

Logistics Viewpoints

JUNE 29, 2023

Configure to Order: This strategy involves customizing standard products based on customer specifications. PO Collaboration is essential in coordinating with suppliers to ensure timely delivery of customized components and managing production schedules to meet customer requirements.

Manufacturing Procurement 135

Manufacturing Procurement Procurement Analytics Inventory Reduction Material Savings 135

Logistics Bureau

SEPTEMBER 26, 2018

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.

Cost Reduction 91

Cost Reduction Inventory Reduction Expense Reduction Price Reduction 91

Logistics Viewpoints

JANUARY 17, 2024

At CES 2024, Hyundai conducted Media Day, highlighting their strategic theme “Ease Every Way”, a transformation powered by hydrogen and driven by software, which includes the new “HTWO Ecosystem” and “Software-Define Everything (SDx)” strategy. times more expensive than their alkaline counterparts.

Modeling Software 171

Modeling Software Waste Reduction Logistics Network Optimization Software Resource Reduction 171

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? It all comes down to your on-time in full strategies. Your OTIF rate is the percentage of your total orders that meet this benchmark. How can you ensure that you’re succeeding in this area? What is OTIF?

Expense Reduction 60

Expense Reduction Inventory Reduction Cost Reduction Supply Chains 60

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 118

Inventory Reduction Cost Reduction Price Reduction Supply Chain Planning Software 118

Stord

MAY 8, 2024

Deploying Modern E-Commerce Strategies Leveraging modern e-commerce strategies like pre-orders, influencer marketing, order consolidation (combining multiple orders into a single shipment), bundles, and upsells is currently a major operational and technical challenge for most DTC brands.

Optimal Sourcing 158

Optimal Sourcing Supply Chain Planning Software Inventory Reduction Optimization Software 158

Logistics Viewpoints

MARCH 21, 2024

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. Self-distribution can be more expensive than relying on third party distributors due to the need for additional staff, equipment, and technology investments.

Supply Chain Planning Software 159

Supply Chain Planning Software Optimization Software Supply Chain Software Inventory Reduction 159

Logistics Viewpoints

DECEMBER 18, 2024

The logistics and supply chain industry is a critical component of global trade, responsible for moving goods and materials efficiently to meet consumer and business demands. Reducing dependency on fossil fuels can mitigate these risks and improve operational predictability.

Supply Chain Design Software 88

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Supply Chain Software 88

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

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 154

Inventory Reduction Supply Chain Planning Software Inventory Waste Reduction 154

GoShip Blog

FEBRUARY 7, 2023

Over the years, marketing strategies have evolved with the times, the advent of technology, and changes in consumer behavior. Why a Solid Marketing Strategy is Important A marketing strategy refers to a business’s action plan for achieving its short and long-term goals and developing a sustainable competitive advantage.

Waste Reduction 52

Waste Reduction Price Reduction Resource Reduction Expense Reduction 52

Blue Grace Logistics

JUNE 27, 2024

Companies across various industries are constantly seeking ways to streamline their operations, reduce costs, and enhance customer satisfaction. One strategy gaining increasing popularity is partnering with third-party logistics providers, commonly known as 3PL partners. Cost control goes beyond simply finding the lowest rate.

Inventory Reduction 113

Inventory Reduction Resource Reduction Cost Reduction Expense Reduction 113

Logistics Business Magazine

OCTOBER 23, 2024

In this article, we explore these hurdles and the strategies businesses can employ to meet growing demand for fast, free shipping while maintaining operational efficiency. The word “free” creates an immediate sense of value, reducing friction in the buying process and increasing the likelihood of purchase.

Cost Reduction 55

Cost Reduction Price Reduction Expense Reduction Resource Reduction 55

Blue Grace Logistics

AUGUST 10, 2021

Over the last decade, ever since social media and the IoT became common-place mediums, there has been a change in marketing tools and strategies. A more streamlined communication is provided by omnichannel strategies. The crux of the omnichannel approach is to meet the customers where they are.

Expense Reduction 62

Expense Reduction Cost Reduction Strategy Optimization Software 62

EazyStock

MARCH 14, 2023

The right purchasing and logistics strategies give companies an edge during these unique, uncertain times and, during the return “to normal,” a greater competitive advantage and continued growth. Rapid cost increases, interest rate hikes and reduced demand require more effective inventory management and forecasting attention.

Inventory Reduction 52

Inventory Reduction Price Reduction Cost Reduction Waste Reduction 52

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 133

Supply Chain Design Software Supply Chain Design Inventory Reduction Cost Reduction 133

Logistics Viewpoints

NOVEMBER 19, 2024

The onus is on ecommerce retailers to control the controllables, and focusing on eliminating uncertainty from the consumer fulfillment process and optimizing the last mile is a smart approach. Are they meeting consumers’ home delivery expectations, whether that’s affordable delivery, specific time windows, or sustainable options?

Cost Reduction 113

Cost Reduction Resource Reduction Price Reduction Vendor Strategies 113

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

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. One of them is a bad cost management strategy. What to avoid in your Supply Chain Strategy?

Cost Reduction 52

Cost Reduction Sourcing Strategies Expense Reduction Supply Chain Design Software 52

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.

Cost Reduction 118

Cost Reduction Purchasing Skills Expense Reduction Inventory Reduction 118

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

Logistics Viewpoints

JANUARY 17, 2023

Challenges in managing and meeting sustainability and compliance goals/requirements. As a result, all the components of products on the shelves have become more expensive, leading to intense cost pressure while also highlighting the importance of strategic sourcing. Configurable workflows that reduce complexity of the entire process.

Supply Chain Software 143

Supply Chain Software Optimization Software Optimal Sourcing Logistics Network Optimization Software 143

Locus

JUNE 16, 2023

Naturally, the costs of meeting such expectations, especially on the delivery front are also increasing. Just one hour of idling per day over a year equals 64,000 miles of engine wear , resulting in additional annual maintenance expenses of up to $9,472 per truck. It is no secret that customer expectations are really high these days.

Cost Reduction 98

Cost Reduction Expense Reduction Inventory Reduction Price Reduction 98

ShipLilly

JUNE 9, 2021

Dealing with ridiculously expensive lumbar. Consumer demand is rising, and pallets are a key ingredient in meeting those demands. Why is lumber currently so expensive? As economies begin to open, businesses are trying to reactivate their supply chains to meet considerable demand. This is not sustainable in the long run.

Price Reduction 98

Price Reduction Expense Reduction Material Savings Sourcing Strategies 98

MTS Logistics

AUGUST 26, 2022

Maersk, Mitsui, Cargill, and others are doing their part to achieve the industry goal of cutting greenhouse gas emissions by 50% before the year 2050, following a 2008 pledge. Shipowners know they have to reduce their emissions now and need to start investing to meet the 2050 goals,” said Stephanie Lesage, Airseas corporate secretary.

Expense Reduction 76

Expense Reduction Cost Reduction Sourcing Strategies Maritime 76

CLX Logistics

JUNE 14, 2024

In the highly regulated, fast-paced, and ever-evolving logistics industry, efficient and reliable rail services are crucial for businesses to streamline their shipping operations and reduce costs. Promoted as a strategy to enhance operational efficiency and reduce expenses, PSR runs trains on fixed schedules rather than adapting to demand.

Cost Reduction 77

Cost Reduction Expense Reduction Negotiating Skills Logistics Network Optimization Software 77

Conger

APRIL 1, 2024

By carefully planning and scheduling maintenance before issues arise, businesses can avoid interruptions and reduce costs associated with emergency repairs and downtime. Continue reading to learn more about this essential strategy to ensure your equipment performs optimally at all times. Let’s dive in!

Material Savings 81

Material Savings Expense Reduction Resource Reduction Cost Reduction 81

CLX Logistics

JUNE 14, 2024

In the highly regulated, fast-paced, and ever-evolving logistics industry, efficient and reliable rail services are crucial for businesses to streamline their shipping operations and reduce costs. Promoted as a strategy to enhance operational efficiency and reduce expenses, PSR runs trains on fixed schedules rather than adapting to demand.

Cost Reduction 76

Cost Reduction Expense Reduction Negotiating Skills Logistics Network Optimization Software 76

Logistics Business Magazine

JANUARY 19, 2022

Many leading companies have publicly committed to change but, as consultants McKinsey note, “In many instances net-zero commitments are running ahead of companies’ own plans to meet them”. If businesses are serious about aligning their policies to COP26 objectives, then simple, obvious steps to reducing waste should be taken now.

Waste Reduction 56

Waste Reduction Resource Reduction Cost Reduction Expense Reduction 56

Logistics Viewpoints

JUNE 8, 2023

To meet these demands and ensure superior delivery experiences, retailers and carriers must leverage last-mile delivery technology. Sustainability: Reduce the carbon emissions impact of last-mile operations by adopting green fleets and implementing emissions reporting. Technology can help.

Modeling Software 147

Modeling Software Optimization Software Supply Chain Design Software Logistics Network Optimization Software 147

ShipLilly

APRIL 7, 2021

To meet the demand, shipping companies are stacking large quantities of cargo on increasingly narrow equipment. However, some experts are convinced that these vessels are being overloaded to meet the increasing demand. Then there is the option of booking expensive air freight that can make up for the time that has been lost.

Cost Reduction 59

Cost Reduction Expense Reduction Inventory Reduction Resource Reduction 59

Logistics Bureau

NOVEMBER 28, 2024

Now before you write off my statements as something you already knew, here’s a fact you might not be so familiar with: For your last mile services to compete successfully, you need to ensure that your entire supply chain (or at least the parts you can reasonably control) is set up to support a winning last-mile strategy.

Supply Chain Planning Software 85

Supply Chain Planning Software Supply Chain Software Supply Chains Optimization Software 85

Logistics Bureau

OCTOBER 26, 2024

Often, people think that supply chain consulting is about reducing costs. These steps all help to take guesswork out of change initiatives, build a solid business case for change and to produce measurable outcomes that meet stakeholders’ expectations. The problems don’t end there.

Supply Chain Planning Software 91

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 91

Locus

MARCH 27, 2024

Geocoding drastically cuts down on the headache of reattempted deliveries on these unclear by accurately locating unclear addresses, thereby saving costs and boosting customer satisfaction. This proximity reduces the need for long-haul deliveries, further cutting down transportation costs.

Cost Reduction 52

Cost Reduction Inventory Reduction Expense Reduction Resource Reduction 52

WorkWave

JANUARY 17, 2024

Optimized Route Efficiency Route planning software, on average, can reduce travel distance by 10-15%, resulting in significant fuel savings and reducing carbon emissions. Reduced Operational Costs Companies integrating route planning software report a reduction in operational expenses of 15-20%.

Optimization Software 99

Optimization Software Logistics Network Optimization Software Resource Reduction Optimization 99

The Logistics of Logistics

JUNE 23, 2022

The need for practical and applicable last-mile delivery in retail involves saving money and reducing the expenses associated with this vital yet often overlooked leg of the shipping journey. Another reason for a renewed focus on the final leg of the shipping journey is that the last-mile is the most expensive transportation mode.

Supply Chain Planning Software 150

Supply Chain Planning Software Optimal Sourcing Logistics Network Optimization Software Supply Chain Software 150