Logistics Viewpoints

MAY 10, 2022

To make ends meet, many colleagues also worked second jobs. Survey your users to avoid unseen pitfalls and make sure you’re actually purchasing a solution that provides a good user experience. Vendors come in, meet with management and consultants, then design technology solutions around those processes as they are written.

Vendor Strategies 122

Vendor Strategies Waste Reduction Cost Reduction Optimization Software 122

CH Robinson Logistics

JULY 13, 2022

The short answer is “yes,” as long as you have a segmented freight portfolio strategy for both the contract market and the spot market. Every business has a responsibility to develop strategies that take advantage of the best market price and service. As you build your strategy, confirm the spot market capacity for specific areas.

Price Reduction 90

Price Reduction Cost Reduction Strategy Purchasing Skills 90

Logistics Viewpoints

NOVEMBER 25, 2024

In 2017, a strategy consultant was hired to do a top-to-bottom assessment of the Boston University procurement program. Once that requisition is approved, it becomes a purchase order. If the invoice matches the purchase order, it is posted in SAP, and the payment is made automatically without any paper or human touch.

Purchasing Skills 155

Purchasing Skills Sourcing Strategies Sourcing Procurement Solutions 155

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. Smart inventory purchasing.

Inventory Reduction 75

Inventory Reduction Material Savings Price Reduction Cost Reduction 75

Ship Monk

SEPTEMBER 14, 2023

They’re researching before they purchase, and they’re purchasing wherever and whenever they see something they like. 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? What is a Multichannel Sales Strategy?

Inventory Reduction 64

Inventory Reduction Price Reduction Cost Reduction eCommerce 64

Logistics Business Magazine

OCTOBER 23, 2024

Fast and free shipping has become a cornerstone of success in e-commerce with 75% of consumers prioritizing it when making purchasing decisions. 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.

Cost Reduction 55

Cost Reduction Price Reduction Expense Reduction Resource Reduction 55

Logistics Viewpoints

AUGUST 1, 2024

In this scenario, by adopting an adaptive supply chain, the retailer uses real-time data analytics to identify emerging trends and collaborate closely with suppliers to quickly adjust production and inventory levels to meet customer demand. Nari Viswanathan is Sr. Nari Viswanathan is a six times SDCExec Supply Chain Pro to Know award winner.

Supply Chain Design Software 165

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Scenario Planning 165

WorkWave

NOVEMBER 7, 2022

To help you out, we’ve put together a list of seven strategies that will help you double your business with reviews, referrals and marketing. 7 Strategies for Growth. In today’s digital world, potential customers are far more likely to research your business online before making a purchase. Let’s dive right in!

Strategy 95

Strategy Procurement Solutions Examples Tips 95

Blue Grace Logistics

NOVEMBER 1, 2024

As more consumers and businesses move to online platforms for purchases, the shipping industry must adapt to new demands. These enhancements help carriers meet tighter delivery windows and ensure accuracy, enabling them to stay competitive in the fast-paced e-commerce market.

Price Reduction 106

Price Reduction Vendor Strategies Supply Chain Planning Software Cost Reduction 106

Logistics Bureau

AUGUST 2, 2021

Emergency Purchase Rate. Emergency purchases are bad news for your business costs, continuity, and planning, and they also increase supply chain risk. For that reason, the emergency purchase rate KPI is one you should certainly be keeping an eye on. Purchase Order Cycle Time. Cost per Purchase Order and Cost per Invoice.

Procurement Analytics 118

Procurement Analytics Procurement Solutions Optimal Sourcing Procurement 118

3PL Links

MAY 3, 2023

Improving Supply Chain Visibility: The Impact of Data Strategy | Image source: Pixabay A business-contextualized data approach is crucial for boosting supply chain visibility, especially during downturns. It is important to answer the following questions: What is the goal of developing a data strategy?

Sourcing Strategies 62

Sourcing Strategies Inventory Reduction Material Savings Cost Reduction 62

Logistics Viewpoints

JUNE 4, 2024

However, the juice for my newfound nightly routine soon became difficult to find, perpetually out of stock each time I tried to purchase it at the grocery store. With tart cherry juice sales transitioning into a steady demand pattern, retailers must adapt their inventory strategies accordingly to meet this evolving consumer preference.

Inventory Reduction 141

Inventory Reduction Supply Chain Planning Software Inventory Waste Reduction 141

Logistics Business Magazine

AUGUST 23, 2024

Global logistics company DSV has signed an agreement with Volvo Trucks to purchase 300 electric trucks, marking one of Volvo’s largest electric vehicle orders. This move is a significant step in DSV’s strategy to reduce emissions and align with industry trends toward greener transport solutions.

Procurement Solutions 47

Procurement Solutions Purchasing Skills Purchasing Expense Reduction 47

Material Handling and Logistics

SEPTEMBER 27, 2018

Kuebix offers 6 tips to fine-tune transportation strategies for the holidays: 1. Shippers can leverage their negotiated rates from their existing carrier relationships, and compare the full depth of market pricing across the spot bidding marketplace to find the best rates for the best service or to find extra capacity to meet excess demand.

Supply Chain Software 161

Supply Chain Software Optimization Software Purchasing Skills Negotiating Skills 161

Logistics Business Magazine

OCTOBER 26, 2022

Driven by strong organic growth and a strategy of acquisitions to better meet market needs, the RAJA Group has become a key player in the field of business supplies and equipment. The post RAJA shares growth strategy with suppliers appeared first on Logistics Business® Magazine.

Material Savings 59

Material Savings Strategy Manufacturing Procurement Eliminating Excel in Purchasing 59

The Logistics of Logistics

APRIL 4, 2022

3PLex was then purchased by Maersk. Cambridge Capital leverages BGSA’s unique approach to strategy-led investment banking for the supply chain. Over 300 of the top CEOs in the logistics and supply chain space attended this year’s conference to discuss technology, strategy and deals.

Conference 195

Conference Supply Chain Software Logistics Network Optimization Software Resource Reduction 195

MercuryGate

NOVEMBER 17, 2022

Due to holiday purchases, we can still expect peak-season shopping with a return hike this holiday season. In response, shippers should anticipate high returns and have a solid reverse logistics strategy. Not only does a good plan for returns help meet demand, but it also improves your customers’ experience.

Reverse logistics 52

Reverse logistics Handling Strategy Logistics 52

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. Omnichannels blur the line between online and in-person purchases.

Expense Reduction 62

Expense Reduction Cost Reduction Strategy Optimization Software 62

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 117

Inventory Reduction Cost Reduction Price Reduction Supply Chain Planning Software 117

SYSPRO Smarter ERP

MAY 30, 2022

Using ERP to improve purchasing transparency. Purchases that are made outside the defined procurement process fall under dark purchasing. This may happen if someone with purchasing authority neglects to submit expenses properly. Leverage ERP to enhance supplier collaboration to meet supply and demand.

Manufacturing Procurement 105

Manufacturing Procurement Optimal Sourcing Procurement Solutions Procurement Analytics 105

Logistics Viewpoints

NOVEMBER 19, 2024

When shoppers were asked what would put them off making more ecommerce purchases in the future, 21% indicated they’d had negative delivery experiences, 20% said deliveries were not reliable, and 17% were dissatisfied with the delivery process. Plus, with the ongoing labor shortage, finding seasonal staff is increasingly difficult.

Cost Reduction 104

Cost Reduction Resource Reduction Price Reduction Vendor Strategies 104

Logistics Viewpoints

FEBRUARY 28, 2023

Omnichannel is a centralized strategy that enables businesses to coordinate, streamline, simplify and speed up fulfillment of orders that have been placed through different channels (online, retail, etc.). It is making use of inventory that is the easiest/fastest to get to the customer, no matter through which channel the order was placed.

Optimal Sourcing 132

Optimal Sourcing Inventory Reduction Sourcing Strategies Vendor Strategies 132

SYSPRO Smarter ERP

MAY 30, 2022

Using ERP to improve purchasing transparency. Purchases that are made outside the defined procurement process fall under dark purchasing. This may happen if someone with purchasing authority neglects to submit expenses properly. Leverage ERP to enhance supplier collaboration to meet supply and demand.

Manufacturing Procurement 98

Manufacturing Procurement Optimal Sourcing Procurement Solutions Procurement Analytics 98

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

Stord

NOVEMBER 13, 2024

In addition to the surge of demand during this tight holiday window, brands have offered earlier offerings and expanded the sales period to encourage a longer shopping period enabling end consumers to allocate more towards holiday purchases. Put another way, only 3 out of 10 customers will complete the purchase. Win Your Inventory.

Inventory Reduction 148

Inventory Reduction How To Cost Reduction Procurement Solutions 148

Logistics Viewpoints

JANUARY 26, 2021

The hyper-focus on meeting customer expectations is also creating pressures upstream in the supply chain, as manufacturers extend visibility and collaboration beyond their own walls to avoid any disruptions. To meet customers’ growing expectations for personalized offerings, the typical company’s product lines have grown exponentially.

Supply Chain Software 169

Supply Chain Software Supply Chain Planning Software Definition Supply Chains 169

Logistics Viewpoints

MAY 3, 2022

But it’s important to remember that while customers want their purchases fast, sometimes even the next day, many care about the environmental impact of that delivery as well. We found three key strategies that could serve as a blueprint for other supply chains: Rethink Packaging. Rethink Partnerships. It’s time to rethink everything.

Supply Chain Design Software 131

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 131

MTS Logistics

SEPTEMBER 12, 2024

Supply chain and logistics operations have become central to differentiated customer experience strategies. The capacity to influence the purchasing experience, engage customers throughout the entire delivery lifecycle, and offer valuable real-time delivery information sets market leaders apart from their competitors.

Examples 89

Examples Logistics Network Optimization Software Resource Reduction Buyer Training 89

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. Key strategies include: Electrification of Transport: The use of electric vehicles (EVs) for freight and last-mile delivery reduces emissions and operational costs.

Supply Chain Design Software 85

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Supply Chain Software 85

Logistics Viewpoints

JUNE 8, 2023

To meet these demands and ensure superior delivery experiences, retailers and carriers must leverage last-mile delivery technology. While the initial purchase cost of an existing platform may appear higher, the added benefits, scalability, and efficiencies it provides ensure lower costs over the long term and higher lifetime value.

Modeling Software 137

Modeling Software Optimization Software Supply Chain Design Software Logistics Network Optimization Software 137

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. Many business systems also include functionality to support certain inventory management and purchasing processes.

Inventory Reduction 52

Inventory Reduction Price Reduction Cost Reduction Waste Reduction 52

Blue Grace Logistics

AUGUST 3, 2021

Communication and equality are the central axes of the process of transforming a supplier into a valuable business partner for the strategy, success, and growth of a company. Supply chain management is characterized by the fact that all interested parties collaborate towards a common strategy or to achieve a common objective.

Maintainability 117

Maintainability Price Reduction Purchasing Skills Resource Reduction 117

Carter Logistics

JUNE 5, 2019

Because visibility is one of the most important features in the industry, track and trace technology that allows full visibility and control will play a critical role in meeting companies’ financial goals. Items need to be tracked and traced at all levels, from ingredients to finished products to shipped packages.

Tracking and Tracing 106

Tracking and Tracing Supply Chain Software Procurement Solutions Supply Chains 106

Logistics Viewpoints

DECEMBER 1, 2023

The top gifts were clothes and accessories, which about half of those surveyed purchased, and toys, which nearly a third of people surveyed bought. Amazon’s outsize growth combined with strategy shifts at FedEx and UPS have changed the balance. The number of people shopping online rose to 134.2 million this year, up from 130.2

Supply Chain Planning Software 157

Supply Chain Planning Software Logistics Network Optimization Software Cost Reduction Food and Agriculture 157

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 131

Supply Chain Design Software Supply Chain Design Inventory Reduction Cost Reduction 131

WorkWave

NOVEMBER 6, 2023

In this blog post, we will delve into the intricacies of order management, the role of an Order Management System (OMS), what happens after checkout and how to master your order management strategy with the help of cutting-edge order management systems and order management software. What Is Order Management? Schedule your free demo today.

Inventory Reduction 52

Inventory Reduction Price Reduction Cost Reduction Ordering 52

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. We live in a time where we can purchase almost anything with a click of a button. With the rise of digital transformation manufacturers can use ERP to implement their e-commerce strategies.

Manufacturing Procurement 111

Manufacturing Procurement Supply Chain Planning Software Optimal Sourcing Inventory Reduction 111