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

EazyStock

FEBRUARY 17, 2021

Inventory Replenishment Strategies to Boost Profitability. They have well-executed inventory replenishment processes that ensure items are reordered in the right quantities and at the right time to meet actual customer demand. 5 Inventory Replenishment Strategies to Increase Profits. Both can be very costly.

Inventory Reduction 75

Inventory Reduction Material Savings Price Reduction Cost Reduction 75

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

Morai Logistics

MARCH 15, 2018

Omni-channel strategies prove to be an effective method for meeting on-demand delivery for consumers and providing efficient solutions for shippers. Research presented supports an industry shift from traditional to Omni-channel strategy, finding that it enables third party logistic (3PL) providers to offer all distribution initiatives.

Cost Reduction 60

Cost Reduction Price Reduction Expense Reduction Inventory Reduction 60

Logistics Viewpoints

NOVEMBER 6, 2024

This integrated approach enables Summit to reduce idle time and fuel wastage, aligning with its goal of net-zero emissions by 2050. ORION has proven essential in reducing travel distances, as well as cutting down on greenhouse gas emissions associated with unnecessary mileage.

Supply Chain Planning Software 142

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Optimization Software 142

3PL Links

SEPTEMBER 8, 2023

Unlocking Customer Satisfaction: Is Your Fulfilment Strategy Aligned with Expectations? Unlocking Customer Satisfaction: Is Your Fulfilment Strategy Aligned with Expectations? local demand meeting shop inventory) becomes a more global issue (i.e., As a result, the local supply/demand matching issue (i.e.,

Inventory Reduction 48

Inventory Reduction Sourcing Strategies Cost Reduction Expense Reduction 48

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

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

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 125

Manufacturing Procurement Procurement Analytics Inventory Reduction Material Savings 125

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 60

Price Reduction Expense Reduction Waste Reduction Cost Reduction 60

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 110

Inventory Reduction Resource Reduction Cost Reduction Expense Reduction 110

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

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 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 118

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 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 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 113

Inventory Reduction Cost Reduction Price Reduction Supply Chain Planning Software 113

Logistics Bureau

NOVEMBER 3, 2024

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 2014, a survey by Tompkins Consortium delivered a shocking revelation.

Supply Chain Design Software 82

Supply Chain Design Software Supply Chain Design Inventory Reduction Cost Reduction 82

The Logistics of Logistics

DECEMBER 29, 2020

Since 2011 carriers, 3PLs, shippers, and logistics technology vendors have looked to CarrierDirect to deliver the efficiency, strategy, go-to-market plans, and technology that will elevate their business above their competition. CarrierDirect clients include Werner, J.B. Hunt, Covenant, CRST, and FedEx. Financial implications. Tony Nichols.

Supply Chain Planning Software 196

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Sourcing Strategies 196

Logistics Bureau

NOVEMBER 12, 2024

It’s also important to document any constraints that will impact your plans to meet those objectives. Of course this stage of planning can become pretty complex, and it will often pay to seek advice from equipment suppliers or even engage a consulting firm to help you develop your storage strategy.

Modeling Software 79

Modeling Software Supply Chain Design Software Supply Chain Planning Software Optimization Software 79

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 142

Inventory Reduction Supply Chain Planning Software Inventory Waste Reduction 142

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

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 116

Cost Reduction Resource Reduction Price Reduction Vendor Strategies 116

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 58

Waste Reduction Resource Reduction Cost Reduction Expense Reduction 58

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 85

Expense Reduction Cost Reduction Sourcing Strategies Maritime 85

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 147

Supply Chain Planning Software Optimization Software Supply Chain Software Inventory Reduction 147

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 86

Cost Reduction Inventory Reduction Expense Reduction Price Reduction 86

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 159

Modeling Software Waste Reduction Logistics Network Optimization Software Resource Reduction 159

FreightWaves SONAR

AUGUST 1, 2024

Sales and operations planning (S&OP) is a critical process for businesses aiming to align their production and sales strategies to enhance efficiency and customer satisfaction. This plan ensures that supply meets demand in a way that maximizes profitability and service levels.

Optimal Sourcing 59

Optimal Sourcing Inventory Reduction Cost Reduction Resource Reduction 59

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 157

Logistics Network Optimization Software Expense Reduction Cost Reduction Trends 157

Conger

MARCH 28, 2024

These commercial vehicles are called fleets and are often one of the most expensive assets for a business. It helps in promoting safer driving practices and reducing breakdowns. One of the strategies to consider is adopting robust fleet management software, which enables businesses to automate and streamline fleet-related processes.

Optimization Software 72

Optimization Software Optimal Sourcing Expense Reduction Cost Reduction 72

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

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

Dedola Global Logistics

AUGUST 9, 2024

These factors make it difficult for carriers to maintain schedules and meet growing demand. Beyond the base freight rate, additional expenses such as fuel surcharges, customs duties, and port fees add to the financial burden. Adaptation Strategies: To navigate these challenges, importers should diversify their shipping strategies.

Inventory Reduction 71

Inventory Reduction Cost Reduction Expense Reduction Freight 71

3PL Links

OCTOBER 15, 2024

This type of system helps you monitor current inventory, forecast demand, and reduce unnecessary storage costs. By automating these processes, you eliminate guesswork, minimize stockouts, and avoid over-ordering. Clear, open lines of communication ensure that everyone is on the same page and reduces the risk of operational mishaps.

Inventory Reduction 62

Inventory Reduction Logistics Network Optimization Software Supply Chain Software Expense Reduction 62

ShipLilly

DECEMBER 9, 2019

Industry leaders in ocean shipping are looking for ways to reduce the global footprint per container. In the interim, there have been other significant steps to reduce omissions that are already having a big impact. Those scorecards are then used by the companies to meet sustainability goals at the corporate supply chain level.

Expense Reduction 63

Expense Reduction Maritime Groups Collaboration 63

GoShip Blog

JUNE 19, 2023

Keeping costs low is challenging when you constantly need to adjust your strategy and improve service. However, there are some ways for retail supply chains to become more efficient and less expensive. Retailers often need multiple LTL shipments , which are expensive to deliver separately and often lead to delays.

Outbound 52

Outbound Vendor Strategies Expense Reduction Cost Reduction 52

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.

Cost Reduction 66

Cost Reduction Inventory Reduction Expense Reduction Price Reduction 66