The Logistics of Logistics

MAY 24, 2023

With a strong commitment to reducing plastic and corrugated cardboard waste while achieving significant cost savings in packaging expenses, Mike has made substantial contributions to the industry. He holds an MBA from the prestigious Ross School of Business at the University of Michigan.

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Packaging Waste Reduction Supply Chain Planning Software Supply Chain Design Software 364

SIPMM Professional Publications

OCTOBER 8, 2020

What Causes Food Waste Food waste could happen […]. The post Lean Procurement Practices for Reducing Food Waste appeared first on SIPMM | Singapore Institute of Purchasing and Materials Management.

Waste Reduction 88

Waste Reduction Optimal Sourcing Cost Reduction Waste 88

Locus

JANUARY 22, 2025

As we look ahead to 2025, businesses are increasingly turning to AI-driven technologies to streamline last-mile delivery, cut rising costs, and keep customers satisfied. Key Benefits Fuel Savings: Better routing minimizes unnecessary travel, cutting fuel expenses. Pro Tip Use predictive analytics to forecast upcoming delivery surges.

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Cost Reduction Expense Reduction Resource Reduction Inventory Reduction 52

3PL Links

DECEMBER 3, 2024

Image source: Pexels | How can Lean Logistics Transform your Company? The Lean method was created by the Japanese company Toyota with the aim of optimizing manufacturing flows and eliminating everything that generates errors, delays, and bottlenecks. How can Lean Logistics Transform your Company? There is no inventory.

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Waste Reduction Inventory Reduction Optimal Sourcing Resource Reduction 62

FreightWaves SONAR

JANUARY 28, 2021

Adjusting current logistics strategies demonstrated the second great challenge of the pandemic. Embracing new and improved logistics strategies remains the best way to adapt to clients’ changing demands in 2021 and beyond. Strong and versatile logistics strategies depend on this data. Download the White Paper.

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Waste Reduction Resource Reduction Price Reduction Cost Reduction 105

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.

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Negotiating Skills Cost Reduction Waste Reduction Inventory Reduction 117

Log-hub

JANUARY 8, 2025

Thats why its more important than ever to focus on strategies that work and make them part of your plan moving forward. Lets explore the key strategies that can keep your business ahead of the competition in 2025. Make Sustainability a Core Strategy Consumers care more than ever about where their products come from and how theyre made.

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Optimal Sourcing Waste Reduction Inventory Reduction Resource Reduction 40

Logistics Bureau

NOVEMBER 13, 2024

While it may seem counterintuitive to give up floor and racking space to expand the goods-in section of your warehouse, releasing a larger floor area here can often lead to greater overall warehouse layout efficiency—and therefore reduced operating costs. 2 Meandering Pickers Time is money and distance is time.

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Sourcing Strategies Optimal Sourcing Material Savings Cost Reduction 75

Compactor Management Company

AUGUST 16, 2022

Manufacturing and distribution facilities are constantly looking for new ways to manage their waste. In comparison to other industries, managing waste in manufacturing units is more complex since certain elements impede the process. How to reduce waste? Measure & Evaluate Your Waste.

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Waste Reduction Manufacturing Procurement Material Savings Waste 52

Shipsta

FEBRUARY 4, 2022

At times like this, thinking creatively about your outgoings and implementing strategies that ensure not a single cent is wasted will make all the difference. Freight costs reached record highs in 2021 - and they're set to continue to increase in 2022 too.

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Waste Reduction Cost Reduction Freight How To 130

MTS Logistics

JUNE 30, 2023

And 52% are looking to consolidate more shipments overall, a strategy for which LCL can play an important role.” ” Below are three ways shippers can use LCL to reduce their costs. Shippers can move only the inventory they need to meet demand instead of wasting unnecessary time filling a 40-foot container.

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Cost Reduction Inventory Reduction Waste Reduction Optimal Sourcing 98

Logistics Bureau

DECEMBER 24, 2024

When these signs are evident, firms often choose to outsource rather than waste time developing their own remedies. Reduction in asset capital.Warehouses and vehicles are expensive to purchase or lease and can tieupmillions of dollars that could otherwise be invested in the core business of the firm. But what about cost of service?

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Outsourcing Warehousing Negotiating Skills Purchasing Skills 52

WorkWave

MARCH 4, 2025

This strategy empowers organizations to make informed decisions that improve marketing efforts, maximize profitability and enhance operational efficiencies. Budget Optimization Budget optimization is a critical component of any successful marketing strategy, and decile data can significantly aid in this area. Heres another example.

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Resource Reduction Waste Reduction Optimization Software Data 65

Trinity Logistics

AUGUST 22, 2023

According to a survey by Convoy , 69 percent of respondents said reducing deadhead miles is important to them. By reducing deadhead miles, both shippers and carriers can slash their supply chain costs while also making an environmental impact. Empty miles waste time for a carrier by failing to generate revenue.

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Waste Reduction Cost Reduction Supply Chain Planning Software Supply Chain Software 118

GlobalTranz

APRIL 30, 2021

To reduce the risk of supply chain disruption , shippers need to know what it means for their operation going into the start of May and how to use the right services to find available capacity before the CVSA roadcheck storm arrives. Consolidate parcel and LTL freight to reduce wasted space and tap additional capacity.

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Resource Reduction Waste Reduction Tips Capacity 119

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.

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Inventory Reduction Cost Reduction Waste Reduction Expense Reduction 62

GoShip Blog

FEBRUARY 20, 2025

Weight, Dimensions & Speed: The Three Critical Factors Carriers charge based on weight and volume, but did you know that wasted space can drive up your costs? 4 Proven Ways to Cut Freight Costs 1. The companies that actively manage their Freight Shipping Rates gain a competitive edge by reducing costs and increasing efficiency.

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Negotiating Skills Waste Reduction Expense Reduction Freight 52

Shipchain

NOVEMBER 8, 2018

So many resources are wasted on trying to negate the issues, and although numerous risk analytics systems have been developed to try to improve the situation, nothing has proven foolproof. Traceability Reduces Fraud and Counterfeiting. The post How to Reduce Fraud in Logistics appeared first on ShipChain Blog.

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Resource Reduction Vendor Strategies Waste Reduction Material Savings 91

Supply Chain Brain

SEPTEMBER 11, 2020

billion tons of food are lost or go to waste — and a third of those losses occur in transit. Each year, 1.3

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Waste Reduction Waste How To 71

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. In the supply chain, the seven wastes translate to: o System complexity—additional, unnecessary, steps and confusing processes. Reduce Lead Time.

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

WorkWave

JULY 11, 2024

Starting a waste management business in 2024 can be a lucrative and environmentally impactful venture. With the increasing focus on sustainability and proper waste disposal, there is a growing demand for efficient waste management services. What does a waste management business do?

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Waste Reduction Waste Cost Reduction Expense Reduction 52

3PL Links

OCTOBER 29, 2024

Image source: Pexels | How Real-Time Inventory Tracking Can Boost Your Profit in 2025 In today’s fast-moving business environment, real-time inventory tracking has become a critical tool for optimizing operations, cutting costs, and driving profitability. But how exactly does real-time inventory tracking impact your bottom line?

Inventory Reduction 62

Inventory Reduction Optimal Sourcing Inventory Cost Reduction 62

Dedola Global Logistics

DECEMBER 16, 2019

An experienced forwarder or third-party logistics company (3PL) can help you improve your bottom line by reducing your soft costs in addition to saving you money on hard costs. How can importers and exporters reduce soft costs? Find a good one and soft costs will be dramatically reduced.

Cost Reduction 87

Cost Reduction Negotiating Skills Material Savings Resource Reduction 87

WorkWave

JULY 12, 2024

Proper waste management is crucial for businesses of all sizes, not only to comply with regulations but also to minimize environmental impact and reduce costs. Inefficient waste management practices can lead to increased disposal costs, harm to the environment, and even damage to a company’s reputation. Empower Drivers 5.

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Waste Reduction Waste Material Savings Cost Reduction 52

Ship Monk

APRIL 28, 2023

In addition to satisfying conscientious consumer demand, eco-friendly efforts can benefit your ecommerce business by reducing waste within your company and improving operational efficiencies. Translation: these ecommerce businesses have operating standards that minimize or reduce negative impact on the planet.

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eCommerce Waste Reduction How To Material Savings 97

SYSPRO Smarter ERP

NOVEMBER 1, 2021

Industries are facing the need to plan new strategies and invest more in technology to gain a stronger foothold. A B2B e-commerce strategy is therefore becoming increasingly necessary for manufacturing businesses that want to better sell their products or procure the necessary components for manufacturing them.

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Manufacturing Procurement Supply Chain Planning Software Optimal Sourcing Inventory Reduction 111

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.

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Cost Reduction Purchasing Skills Price Reduction Waste Reduction 91

Compactor Management Company

JANUARY 22, 2023

Waste disposal is among the largest challenges confronting medical professionals on a regular basis. At Compactor Management Company , we aim to help medical professionals be excelled as providers, and hence we’re taking a look at the key concepts around medical waste. What Is Medical Waste? Who Regulates Medical Waste?

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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. Elimination of waste: Focus on adding value. “You guys are showing me how to run a business if I end up starting one.” Customer-driven.

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

Turvo

AUGUST 18, 2021

Some of the best practices on how to implement supply chain management systems include avoiding too many systems, keeping an eye on competitors, and creating clear expectations. Focus on the Functionality Needed and Using APIs to Reduce the Hassle of Integration. This practice will reduce the stress of incorporating new software. .

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Supply Chain Software Supply Chains Logistics Network Optimization Software How To 98

FW Logsitcs

MARCH 14, 2022

With blast freezing you not only keep your perishable foods safe and secure, but you also reduce food waste. Learn more about the benefits of blast freezing and how it helps with long-term food preservation. How Does Blast Freezing Enhance Food Preservation? Proper Storage Helps With Food Waste Management.

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Waste Reduction Waste Logistics Network Optimization Software Procurement Solutions 52

MTS Logistics

FEBRUARY 6, 2025

While shipping them in vases filled with water is impractical, proper packaging and refrigeration help reduce dehydration. Flowers are cut and immediately placed in temperature-controlled environments to preserve their freshness. Cutting stems at an angle improves water absorption, while twist ties keep bouquets intact.

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Waste Reduction Cost Reduction Temperature Purchasing Skills 65

Compactor Management Company

JULY 19, 2023

Are you thinking about or currently implementing the 3R principle of waste management: reduce, reuse, recycle , there’s news for you. The new, simple, yet effective waste management mantra is the 5R principle: “refuse, reduce, reuse, repurpose, and recycle”. What Are the 3Rs of Waste Management?

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Waste Reduction Material Savings Resource Reduction Expense Reduction 40

Logistics Viewpoints

MAY 25, 2021

Though corporations are starting to pay attention to supply chain sustainability, less than half of those surveyed in the CSCMP report know how to make their processes more sustainable. How can companies hit the ground running on creating a sustainable supply chain? In the U.S.,

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Supply Chain Planning Software Supply Chain Software Supply Chains Inventory Reduction 135

FreightWaves SONAR

FEBRUARY 5, 2021

As reported by Supply Chain Game Changer , “certainly there are many factors that can cause a company to apply intense pressure on the supply chain and other functions, to reduce their costs. Financial losses or declining profitability certainly make cost-cutting a priority. Request a SONAR Demo.

Expense Reduction 105

Expense Reduction Cost Reduction Price Reduction Waste Reduction 105

WorkWave

JULY 8, 2022

There is not a single dime to waste! Routing software can help reduce fuel consumption, which will help businesses save money. Routing software is an investment, so how can you be sure you’re getting the best bang for your buck and a positive ROI? It can also help maximize limited drivers due to labor shortages.

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Price Reduction Optimization Software How To Resource Reduction 98