Material Handling and Logistics

JULY 29, 2018

While studies show that consumers want sustainable products, only 5%-10% will actually pay a price differential for that,” Sheffi says. Cutting energy costs is the poster child for this,” says Sheffi. “In Reducing energy costs often reduces GHG emission. The answer, he says, is easy and achievable—energy.

Sourcing Strategies 133

Sourcing Strategies Cost Reduction Price Reduction Material Savings 133

SYSPRO Smarter ERP

MARCH 14, 2022

It’s therefore important for these companies to understand all the costs associated with developing, producing, marketing, selling, and delivering products so they can be priced appropriately.? But according to a study from Neilson, fully two-thirds of trade promotions don’t break even!

Manufacturing Procurement 105

Manufacturing Procurement Cost Reduction Material Savings Price Reduction 105

Logistics Bureau

SEPTEMBER 4, 2023

If your business is experiencing a persistent reduction in profit margins, analysing your cost to serve is an advisable step in diagnosing the causes. Process Performance What if the problem isn’t connected to products, customers, or pricing but lies instead with process performance? Are Your Profit Margins Declining?

Negotiating Skills 98

Negotiating Skills Purchasing Skills Cost Reduction Analysis 98

Talking Logistics

FEBRUARY 27, 2019

The logistics industry has grown so complex, with so many challenges such as regulatory changes, capacity issues, pricing fluctuations, and worsening weather events, that customers are looking for a one-stop shop, backed by assets and technology, to help them navigate the current shipping environment. “A

Vendor Strategies 72

Vendor Strategies Price Reduction Logistics Network Optimization Software Modeling Software 72

Logistics Business Magazine

NOVEMBER 23, 2023

With reduced carbon emissions, financial savings, increased sustainability credentials, improved productivity, enhanced employee experience – the benefits of transitioning to an electric fleet are undeniable. In fact, many businesses are presented with multiple barriers when they begin to adopt EV that can sometimes halt the process.

Presentation 53

Presentation Cost Reduction Expense Reduction Resource Reduction 53

Blue Grace Logistics

NOVEMBER 21, 2023

a 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 In the realm of ever-fluctuating food prices, a pragmatic revolution is quietly taking place in the shopping carts of budget-conscious consumers.

Optimal Sourcing 117

Optimal Sourcing Sourcing Strategies Resource Reduction Optimization Software 117

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. Again, these are changes that can add to your cost-to-serve, and, during your transition, you might not have had time to look for ways to reduce expenditure. Rework – due to errors.

Cost Reduction 98

Cost Reduction Purchasing Skills Expense Reduction Inventory Reduction 98

Logistics Business Magazine

SEPTEMBER 23, 2022

The Classic Line, on the other hand, offers entry-level solutions with a focus on core functions – standardised, quickly available and at an attractive price point. Smart chargers reduce energy costs. Concept study: The first circular forklift truck. However, more e-trucks also lead to more charging processes.

Presentation 58

Presentation Material Savings Sourcing Strategies Supply Chain Software 58

Logistics Bureau

JUNE 5, 2023

There are ways and means to reduce excess expenditure in fleet operation , and you can separate them roughly into three categories. Consider Downsizing Your Fleet Reducing fleet size might be the most drastic option for cost reduction, but it’s also the one likely to deliver the most significant savings.

Cost Reduction 91

Cost Reduction Purchasing Skills Price Reduction Waste Reduction 91

Blue Grace Logistics

DECEMBER 11, 2023

Q1 optimism seen in BlueGrace Confidence Index Show Submenu Resources The Logistics Blog® Newsroom Whitepaper Case Study Webinars Indexes Search Search BlueGrace Logistics - December 11, 2023 The recently-released edition of the BlueGrace Logistics Confidence Index issued by Tampa, Fla.-based

Inventory Reduction 109

Inventory Reduction Optimization Software Optimization Resource Reduction 109

Logistics Viewpoints

DECEMBER 7, 2022

Fuel prices and a shortage of drivers are putting transport logistics under immense pressure. Add to that the rising fuel prices and inefficiencies – Eurostat has found that every fifth journey is an empty truck – and the transport industry is facing major challenges which must be addressed as quickly as possible.

Data 130

Data Logistics Network Optimization Software Optimization Software Supply Chain Software 130

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.

Supply Chain Software 118

Supply Chain Software Supply Chains Optimization Software Modeling Software 118

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

Freightos

OCTOBER 26, 2020

Oil prices tanked, cancellations increased and Maersk drilling and supply chain services would run up nearly $2 billion dollars in annual losses. So three months after an executive meeting on June 23rd , an updated strategy was released, tracking a radical shift into a slimmer Maersk, focused on providing end-to-end logistics services.

Logistics Network Optimization Software 134

Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Design Software Price Reduction 134

Conger

MARCH 22, 2024

In this article, we explore how these AGVs are changing the warehouse industry by minimizing human error, reducing labor costs, and setting new standards for productivity and safety. By taking over repetitive tasks from humans, AGVs cut down on workplace injuries caused by overexertion or human error. Let’s dive in!

Materials Handling 78

Materials Handling Material Savings Supply Chain Software Cost Reduction 78

Conger

MARCH 22, 2024

In this article, we explore how these AGVs are changing the warehouse industry by minimizing human error, reducing labor costs, and setting new standards for productivity and safety. By taking over repetitive tasks from humans, AGVs cut down on workplace injuries caused by overexertion or human error. Let’s dive in!

Materials Handling 74

Materials Handling Material Savings Supply Chain Software Cost Reduction 74

FreightWaves SONAR

MAY 17, 2023

The platform works to provide logistics leaders – including transportation planning, procurement and finance teams – with the information they need to balance the optimization of rates and tender reliability in the present and create a game plan for the future. In fact, SONAR SCI customers reduce transportation costs by 4-10% on average. “It

Optimal Sourcing 52

Optimal Sourcing Supply Chain Planning Software Price Reduction Cost Reduction 52

Talking Logistics

OCTOBER 30, 2018

If you’ve ever paid $10 for an Uber ride to the cocktail lounge in the evening and then a “surge priced” $50 for the same distance Uber ride back to your home only a few hours later around closing time, you understand the dynamics troubling shippers in today’s capacity constrained transportation market. Consider the potential savings.

Optimization Software 72

Optimization Software Supply Chain Software Material Savings Logistics Network Optimization Software 72

Logistics Viewpoints

SEPTEMBER 21, 2021

According to Gordon, the MOPR (Minimum Operating Price Rule) that protects legacy fossil-fueled power plants from competition needs to be abandoned and replaced with the new ANOPR (Advance Notice of Proposed Rulemaking). Studies done by NESCOE (New England States Committee on Electricity) provided comments on new market designs to FERC.

Supply Chain Planning Software 105

Supply Chain Planning Software Resource Reduction Supply Chain Design Software Price Reduction 105

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. We have proof.

eCommerce 97

eCommerce Waste Reduction How To Material Savings 97

Globalior

AUGUST 5, 2020

7 Ways You Can Reduce Costs on Imports If your company is doing any cross-border trade, you have to carefully manage operational costs like transportation charges, insurance, duties, taxes and warehousing expenses. When was the last time you studied the charges on the invoice from your Customs broker? Free Trade Agreements (FTAs).

Cost Reduction 52

Cost Reduction Price Reduction Vendor Strategies Expense Reduction 52

Logistics Bureau

MARCH 9, 2020

The effects include: Severe disruption to shipping, with many Chinese ports operating at drastically reduced capacity and around 200 sailings cancelled. Beef Central reports that the impact of Coronavirus and the slowdown in demand from China, the biggest importer of Australian beef, has pushed livestock prices lower.

Negotiating Skills 105

Negotiating Skills Supply Chains Price Reduction Manufacturing Procurement 105

Talking Logistics

FEBRUARY 14, 2018

The report, “Truck Driving Jobs: Are They Headed for Rapid Elimination?” of America [that] said higher shipping costs cut into its adjusted profit by 4 cents a share in the fourth quarter.”. million truck drivers overall. In other words, how do you create a long-term, win-win relationship?

Optimal Sourcing 87

Optimal Sourcing Trucking Cost Reduction Price Reduction 87

SYSPRO Smarter ERP

SEPTEMBER 20, 2021

Similarly, a 2021 study from McKinsey showed that just 19% of companies that had adopted Industry 4.0 Similarly, a 2021 study from McKinsey showed that just 19% of companies that had adopted Industry 4.0 Margins are thin, so efficiency is an absolute necessity. Manufacturers need a single source of accurate information.

Manufacturing Procurement 110

Manufacturing Procurement Optimal Sourcing Optimization Software Digital 110

Now, That's Logistics

MAY 11, 2018

That’s why prices on 20-foot containers—which tend to be best for very heavy cargo (e.g., So, where exporters might assume a 20-footer is half the price of a 40-footer, that’s not the case. granite, tile, fasteners, etc.)—are Container utilization. Research Before You Buy.

Picking 109

Picking Cost Reduction Price Reduction Expense Reduction 109

Logistics at MPEPS at UPV

APRIL 4, 2021

High costs of vehicles, even though it is an eco-friendly option for the logistics sector, it will increase the service prices. Furthermore, the European Commission presented a “Sustainable and Intelligent Mobility Strategy” a specific plan to reduce greenhouse gas emission by 90% related to transportation in the next three decades.

Green logistics 52

Green logistics Logistics Network Optimization Software Cost Reduction Price Reduction 52

Logistics Viewpoints

JANUARY 11, 2023

Last week, I gave the keynote presentation at the Dangerous Goods Symposium, sponsored by LabelMaster and the DG Exchange. In my presentation, I highlighted five key transportation trends that are changing supply chains from a technology standpoint. Fast forward 5 years, and ARC’s 2019 base-year study estimated the market at $11.9

Supply Chain Planning Software 124

Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software Supply Chain Software 124

The Lean Thinker

DECEMBER 21, 2017

If you choose to buy the book, I get small affiliate kickback that doesn’t affect the price you pay. That book provides working examples of vertical linkage between organizational strategy and shop floor improvement efforts. Study the Process’s Operating Patterns. A Bit of History: Toyota Kata has Evolved.

Material Savings 236

Material Savings Examples Resource Reduction How To 236

GlobalTranz

JUNE 30, 2017

In addition, customers are continuing to demand lower prices and free shipping. This can include offering like products in package deals, compiling changes in like demographics or sharing information to reduce costs across the scope of both companies’ transportation networks. Take Extra Care of B2B Partners.

Manufacturing Procurement 82

Manufacturing Procurement Procurement Analytics After-sales Price Reduction 82

Bringg

AUGUST 5, 2020

Back in 2017, the Click & Collect Retail Consumer Preference Study revealed that nearly one third of shoppers made an online purchase and subsequently picked their order up at a store during the 2016 holiday season. To justify the price of square footage, retail locations must now serve as a node in eCommerce fulfillment.

Trends 118

Trends Modeling Software Optimization Software Optimization Modeling 118

Logistics Bureau

NOVEMBER 14, 2018

You then set a sales price for that product. Your sales price minus your production cost is your overall profit or margin; at least, before allowing for further expenses. The real value of knowing your Cost to Serve a given customer is to identify opportunities to increase or recover profit, rather than cut losses.

Purchasing Skills 93

Purchasing Skills Cost Reduction Supply Chain Planning Software Supply Chain Design Software 93

Logistics Bureau

DECEMBER 28, 2024

On one hand, it is often presented as a tried and trusted business move, governed by a few basic principles to ensure smooth sailing. References and case studies abound to show how organisations use logistics outsourcing to become more efficient and more profitable. The logistics outsourcing partnership has a split personality.

Outsourcing 70

Outsourcing Logistics Network Optimization Software Supply Chain Planning Software Cost Reduction 70

Blue Grace Logistics

JANUARY 27, 2023

Demand for Goods and Services Remains High In Florida Show Submenu Resources The Logistics Blog® News Press Whitepaper Case Study Webinars Indexes Search Search BlueGrace Logistics Shippers’ demand for trucks may bounce back this year according to a Bank of America. What will 2023 bring for the economy of durable goods?

Logistics Network Optimization Software 62

Logistics Network Optimization Software Inventory Reduction Cost Reduction Resource Reduction 62

GlobalTranz

MARCH 22, 2018

Capacity is a very real problem impacting companies in all verticals, especially those who ship density-based freight that present further challenges. As carriers get smarter about how to price freight, more and more items are moving away from the standard NMFC system and being designated as density-based freight.

Negotiating Skills 72

Negotiating Skills Capacity Freight Optimization Software 72

GlobalTranz

SEPTEMBER 28, 2015

In short, this survey is saying, among many other studies and reports, that those shippers who partner/outsource to a 3PL are staying competitive because the shipper is able to bring on immediate expertise through the use of a 3PL and the shipper then is able to compete and stay on top of all the latest changes in logistics capability.

Survey 93

Survey 3PL Supply Chain Design Software Supply Chain Software 93

Logistics Bureau

MAY 8, 2023

If your company has yet to go through such a process, you’re at risk of missing a golden opportunity to reduce logistics costs and improve service with outsourced freight management. You must evaluate the option in detail to know if it presents more pros than cons or vice versa. TMS: Is it the Same as Outsourcing?

Negotiating Skills 52

Negotiating Skills Cost Reduction Resource Reduction Price Reduction 52

GlobalTranz

DECEMBER 20, 2016

According to a study undertaken by economists at Deloitte, automation has ‘generated more jobs than it has destroyed.’. Utilizing desktop equipment for industrial computing purposes not only saves you money in the short-term, but it also cuts costs in the long-term. Myth #1 - Industrial Computing is Costing Jobs.

Industry 66

Industry Purchasing Skills Manufacturing Procurement Cost Reduction 66