The Logistics of Logistics

AUGUST 24, 2022

Sreenivas Vemulapalli and Joe Lynch discuss how to streamline your logistics operations. Sreeni has a passion for helping customers across industries to realize their digital transformation vision using emerging tools/technologies. In the podcast interview, Sreeni and Joe discuss how to streamline your logistics operations.

Logistics Network Optimization Software 286

Logistics Network Optimization Software Supply Chain Software Supply Chain Design Software Optimization Software 286

EazyStock

AUGUST 21, 2020

So it makes sense to look for ways to reduce inventory and keep levels under control! What are the potential cost savings from inventory reduction? There are many financial benefits to introducing stock reduction strategies – in particular focusing on your excess and obsolete items.

Inventory Reduction 52

Inventory Reduction Cost Reduction Price Reduction Resource Reduction 52

The Logistics of Logistics

JANUARY 11, 2023

Mary O’Connell is a former pricing analyst, supply chain planner, and broker/dispatcher turned creator of the newsletter and podcast Check Call. Expertise in operations, LTL pricing and procurement, flatbed operations, dry van, tracking and tracing, reality tv shows and how to turn a stranger into your new best friend.

Logistics Network Optimization Software 293

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The Logistics of Logistics

SEPTEMBER 19, 2022

By incorporating telematics and dash cam data from its customers into its integrated risk management model, HDVI is able to select, price, manage, and retain risk more accurately and efficiently than incumbent commercial auto insurance providers. Learn More About The HDVI Story. Chuck’s LinkedIn. HDVI LinkedIn. HDVI Blog.

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Blue Grace Logistics

MARCH 26, 2024

What you will learn in this blog: Leveraging Data Analytics For Invaluable Insights Implementing Lean Principles for Waste Reduction Effective Management Of Supply Chain Costs As companies navigate market fluctuations and challenges, effectively managing supply chain expenses becomes pivotal for success.

Negotiating Skills 90

Negotiating Skills Cost Reduction Waste Reduction Inventory Reduction 90

The Logistics of Logistics

MAY 15, 2023

They talk about the growing popularity of podcasts in the logistics industry and how podcasting can be a helpful tool for professionals to stay up-to-date on industry trends and insights. 00:17:09] Evergreen content strategy. [00:23:14] 00:28:39] How to make a bad podcast. [00:32:45] 00:15:50] Picking podcast guests. [00:17:09]

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FreightWaves SONAR

JANUARY 25, 2021

For managers in the transportation industry, freight load pricing accuracy remains a source of confusion and disruption. Freight management companies and partners can remain unsure of how to attain or utilize meaningful, actionable freight data. . Why outdated data hurts carriers in the short- and long-term. Request a SONAR Demo.

Price Reduction 86

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WorkWave

JUNE 3, 2020

Whether you are a residential plumber or a commercial plumber, these challenges require the right tools and a specific skill set. Below we’ll take a look at the 27 best tools for plumbers while on the job. Must-Have Plumbing Tools List. Plumbing Hand Tools. Best Plumbing Tools For Pipe Work. Plumbing Safety Tools.

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Tools Price Reduction How To Efficiency 81

FreightWaves SONAR

FEBRUARY 5, 2021

(Graphics created by Emily Ricks) Carriers frequently find themselves frustrated when costs eat away at their profits and they have limited pricing visibility. Financial losses or declining profitability certainly make cost-cutting a priority. Using freight indices assists significantly in finding the most appropriate pricing ranges.

Expense Reduction 105

Expense Reduction Cost Reduction Price Reduction Waste Reduction 105

3PL Links

OCTOBER 15, 2024

Image source: Pexels | Logistics Challenges and How to Overcome Them Let’s break down the most common logistics problems and how you can resolve them to improve your operations. Read Also: How to Optimize Your Stock With Ideal Storage Structures 1. But the good news is, there are proven solutions that can help overcome them.

Inventory Reduction 62

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The Logistics of Logistics

APRIL 24, 2023

To succeed, both startups and companies at scale need to make decisions about how to effectively acquire new customers and address their target audience. During down freight markets like right now, many shippers become price focused, which means freight brokers need different sales tactics – and perhaps some training on new sales tactics.

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Negotiating Skills Supply Chain Design Software Logistics Network Optimization Software Buyer Training 347

WorkWave

MARCH 26, 2024

Let’s delve into this topic to understand its significance and explore strategies for optimizing delivery routes to enhance customer satisfaction. By minimizing fuel consumption, reducing vehicle wear and tear, and optimizing driver schedules, businesses can cut down on operational costs associated with logistics.

Optimization Software 105

Optimization Software Optimization Logistics Network Optimization Software Cost Reduction 105

Ship Monk

SEPTEMBER 14, 2023

If you’re not employing a multichannel sales strategy, you’re clearly missing out. But what, exactly is a multichannel sales strategy, and is it worth the investment? If you can’t lower your price, then offer free shipping and mention it in your meta descriptions. What is a Multichannel Sales Strategy?

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Inventory Reduction Price Reduction Cost Reduction eCommerce 64

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.

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Inventory Reduction Cost Reduction Waste Reduction Vendor Strategies 65

GoShip Blog

DECEMBER 29, 2022

Shipping costs often leave the affected parties no choice but to learn how to deal with it. Fortunately, there are effective strategies you can employ to reduce your e-commerce store’s shipping costs. However, you do not need to send thousands of packages monthly to enjoy these price reductions.

Cost Reduction 52

Cost Reduction Price Reduction Inventory Reduction Negotiating Skills 52

Ship Monk

APRIL 16, 2024

The good news is that fraud management tactics and tools are making it easier to prevent, catch, and combat ecommerce fraud. Today we’re going to examine some of the more common types of payment fraud, and the tactics and tools that ecommerce brands can use to stay ahead of the problem. In 2023 alone, ecommerce fraud (a.k.a.

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3PL Links

OCTOBER 22, 2024

Image source: Pexels | Shipping Trends for 2025: What Will Change and How to Adapt The logistics industry is continuously evolving, and as we move closer to 2025, businesses will face a range of transformative changes. At 3PL Links, we prioritize tools that simplify route management, reducing delays and ensuring on-time deliveries.

Cost Reduction 62

Cost Reduction Price Reduction Sourcing Strategies Resource Reduction 62

CH Robinson Logistics

JUNE 10, 2021

In today’s market, knowing where to evaluate and adjust your LTL capacity strategies can feel overwhelming. But making faster, meaningful improvements to your LTL supply chain strategies and operations can be a seamless process that makes a positive impact on your business. Understand how your freight mix fits with market conditions.

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United World Transporation

JUNE 25, 2020

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. How do you calculate the best fuel purchase route? The post How To Save Money With Fuel Purchase Routing appeared first on United World Transportation.

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GlobalTranz

APRIL 13, 2021

Don’t expect to plan for every disruption; instead, develop a strategy to overcome supply chain disruption, regardless of the source. Preparing your supply chain for resiliency begins with risk management and a proactive strategy. Price fluctuations and sourcing issues. It’s not enough to have a Plan B, just in case.

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Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 82

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.

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

GlobalTranz

APRIL 20, 2021

Large companies with a supply chain risk strategy already in place couldn’t fully cope with the impact of the pandemic. It’s the result of a deliberate strategy that may require tradeoffs compared to other approaches. This strategy requires greater investment and inventory carrying costs but enables continued production.

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Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 115

Logistics Business Magazine

FEBRUARY 15, 2023

From supermarkets to fuel stations, to our personal and business energy bills, no one has been unaffected from this steady, and sometimes devastating, increase in prices. 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

FreightWaves SONAR

JANUARY 19, 2021

Unify pricing strategies with freight forecasting tools The final step to getting more from your fleet requires freight forecasting tools. If a company’s staff can see what may occur based on current trends, they can better assign prices for loads. Request a SONAR Demo.

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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. Customer behaviour.

Cost Reduction 118

Cost Reduction Purchasing Skills Expense Reduction Inventory Reduction 118

Logistics Viewpoints

JANUARY 17, 2023

However, many issues limited the potential of supply chain and procurement practices to source effectively: Lack of visibility to key data such as supplier risk and performance, forward pricing, market index impacts, demand fluctuations, available supply, and supply constraints in the market. Price Volatility. How to Move Forward.

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Material Handling and Logistics

AUGUST 10, 2018

Many facilities try to trim their indirect spend by negotiating lower prices on a few of their most expensive items. So how can you better control your indirect spend? But I often see companies that have more cutting tools, for example, than they need. Sometimes, this oversupply doesn’t really matter. Too Little.

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Freightos

AUGUST 14, 2023

When it comes to how they are using it, there is also a clear trend, with 75% deploying AI for pricing (like freight rate management ) and another half tapping it for shipping operations, while others are branching into sales or customer support with AI. A significant share (84%) believe AI might trim the workforce.

Price Reduction 118

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Logistics Bureau

SEPTEMBER 4, 2023

And, of course, I will also share how knowing your cost-to-serve will help you to solve those all-too-familiar performance gremlins. If your business is experiencing a persistent reduction in profit margins, analysing your cost to serve is an advisable step in diagnosing the causes. We’ll begin with a look at pricing strategy.

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Negotiating Skills Purchasing Skills Cost Reduction Analysis 103

FreightWaves SONAR

FEBRUARY 10, 2021

Carriers currently have a great selection of tools to choose from so that they may further their enterprise. Many of the most beneficial tools come from the utilization of data and analytics. How carriers create data-driven pricing strategies. The applications of analytics to navigate market volatility.

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WorkWave

JULY 31, 2019

When running a local service business, social advertising across Facebook and Instagram can be a powerful tool if executed correctly. By pairing a solid organic social content strategy with a full-funnel social advertising strategy, you will gain much greater value and be able to tie efforts to actual ROI. Set Up Tracking.

Waste Reduction 58

Waste Reduction Price Reduction Strategy How To 58

Blue Grace Logistics

NOVEMBER 21, 2023

How to Navigate Your Supply Chain During Market Swings Show Submenu Resources The Logistics Blog® Newsroom Whitepaper Case Study Webinars Indexes Search Search BlueGrace Logistics - November 21, 2023 Market conditions play a crucial role in shaping challenges professionals face when managing their organization’s supply chains.

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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.

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GlobalTranz

OCTOBER 3, 2018

Instead of simply giving up and moving to a third-party marketplace, like Amazon, shippers can revitalize profit margins by understanding a few things about the driving force of increased e-commerce costs, how transparency can and how to improve profitability. That is where developing an alternative pricing strategy comes into play.

Cost Reduction 81

Cost Reduction Purchasing Skills Price Reduction Resource Reduction 81

SYSPRO Smarter ERP

NOVEMBER 30, 2021

Other related tools such as Pareto analysis identify which products are most profitable and hence those you should focus your attention on. Providing them with an accurate forecast ensures not only your intention to purchase but also provides the right details to secure the best pricing and terms. Managing Inventory.

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Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Manufacturing Procurement 105

WorkWave

SEPTEMBER 18, 2024

When crafting a price increase notice for your pest control services, prioritize personalized communication. Clearly detail the reasons for the price increase, such as rising operational costs or investments in advanced pest control technologies. Remind customers that higher prices mean better quality 6.

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Logistics Bureau

OCTOBER 26, 2024

Often, people think that supply chain consulting is about reducing costs. This means consultants have more tools at their disposal, more experience and most importantly, the know-how to navigate the issue and its potential solutions. This is not about having someone come and tell you what your strategy should be though.

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