Logistics Bureau

JUNE 5, 2023

If your company operates a distribution fleet, you’ll know that the costs of running trucks for customer deliveries are continually increasing. In this post, we’re sharing our top tips for cost reduction in each of these three areas, so let’s get to it, beginning with truck expenditure.

Cost Reduction 91

Cost Reduction Purchasing Skills Price Reduction Waste Reduction 91

Talking Logistics

AUGUST 31, 2017

The process generally involves placing a purchase order with a supplier that says ‘Please deliver to us a cooling system to the attached specification’,” explained Ms. Hennecke will be presenting this case study there, so make sure you don’t miss it!

Case Study 72

Case Study Eliminating Excel in Purchasing Study Supply Chain Design Software 72

Material Handling and Logistics

JULY 29, 2018

Retailers such as Walmart have rigorous standards and will only purchase from suppliers who meet these standards. And customers, many of whom are Millennials, want to know the sourcing of the products they buy and will make decisions based on a company’s sustainability record. Reducing energy costs often reduces GHG emission.

Sourcing Strategies 133

Sourcing Strategies Cost Reduction Price Reduction Material Savings 133

Logistics Bureau

JANUARY 3, 2025

Transportation options: Costs and lead times for each available transportation mode. Transportation costs: Freight rates, fuel and labour costs, and other transportation expenses. Fixed costs: Distribution centre fixed costs, such as rent, utilities, and equipment. Inventory turnover: Inventory turns for each SKU.

Supply Chain Design Software 75

Supply Chain Design Software Supply Chain Design Distribution Networks 75

CH Robinson Logistics

JULY 13, 2022

Our academic research continues to show that contracted freight in a hierarchical route guide provides great service and price. Every business has a responsibility to develop strategies that take advantage of the best market price and service. However, it also shows that some freight does not do well in a committed route guide.

Price Reduction 90

Price Reduction Cost Reduction Strategy Purchasing Skills 90

Logistics Viewpoints

APRIL 26, 2022

As more consumers flock to e-commerce, purchasing big & bulky goods such as furniture, appliances, and wholesale electronics online is becoming more common. A Statista study found that in 2020, the furniture and appliance e-commerce global market volume was $383.2B. On-site delivery experience and cost.

Supply Chain Planning Software 105

Supply Chain Planning Software Optimization Software Supply Chain Software Logistics Network Optimization Software 105

Logistics Business Magazine

APRIL 7, 2022

Descartes Systems Group , a global leader in uniting logistics-intensive businesses in commerce, has released the results of a consumer sentiment study of ecommerce home delivery. Ecommerce and home delivery present opportunities and challenges to retailers and logistics organisations.

Study 47

Study eCommerce Procurement Solutions Procurement Analytics 47

Logistics Viewpoints

JUNE 14, 2023

Home delivery and sustainability are two topics that I have written about quite a bit in the last few years, and Descartes just released its home delivery sustainability consumer sentiment study, so the timing seemed perfect. By doing the study for multiple years, you can start to see trends emerging.

Study 115

Study Logistics Network Optimization Software Purchasing Skills Supply Chains 115

Material Handling and Logistics

JANUARY 10, 2018

According to a recent study by Pew Research study, 80% of consumers make online purchases, compared to just 22% in 2000. 2018 will be about predicting the future, not just about understanding the present. Kristi Montgomery, VP of innovation, Kenco. E-Commerce: Combating the Amazon Effect.

Supply Chain Design Software 144

Supply Chain Design Software Supply Chain Software Supply Chain Design Supply Chains 144

GlobalTranz

JANUARY 7, 2015

Those topics were similar in the 11 thru 20 most popular blog posts, but with also a focus on things such as the skills gap, process, and awesome movements like the maker movement, 3D printing, and the return of US Manufacturing. Improvements can be made to both material and labor costs. We hope you enjoy! Read the Full Blog Post.

Manufacturing Procurement 91

Manufacturing Procurement Blog Purchasing Skills Sourcing Strategies 91

Logistics Bureau

JANUARY 25, 2017

and leverage their supply chain skills and know-how to help them move to employment in that sector. General supply chain skills and knowledge can go a long way to helping you adapt to a new industry, but in some cases, you will need additional arguments to convince a potential employer. Supply Chain Skills and Roles.

Negotiating Skills 75

Negotiating Skills Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 75

Bringg

AUGUST 5, 2020

Customers save on the cost of delivery, and enjoy the speed and convenience of picking up their order from a nearby location when it suits them. Customers benefit from the speed, low cost, and convenience of the fulfillment model. What makes Click & Collect a success with shoppers. Click & collect vs. hyperlocal delivery.

Trends 118

Trends Modeling Software Optimization Software Optimization Modeling 118

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

Logistics Business Magazine

OCTOBER 12, 2022

Second, the pandemic kicked online buying and home delivery into “high gear” as many consumers embraced its convenience and dramatically expanded the scope of their online purchasing. That’s exactly what the recent study “Retailers: Sustainability is Not a Challenge, It’s an Opportunity” concluded.

Eliminating Excel in Purchasing 66

Eliminating Excel in Purchasing Cost Reduction Purchasing Skills Procurement Analytics 66

Logistics Viewpoints

MARCH 6, 2023

GEON Performance Solutions purchases plastic pellets and add plastic compounders to make products of different strength, resilience, and flexibility. Mr. Sorenson has studied integrated business planning for many years. Too often overhead costs are allocated using broad averages, rather than doing so in a more targeted manner.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Transformation Scenario Planning Supply Chain Software 130

GlobalTranz

DECEMBER 20, 2016

Computers are costing jobs in industrial facilities… Desktop computers can’t be used in industrial settings. Myth #1 - Industrial Computing is Costing Jobs. Myth #1 - Industrial Computing is Costing Jobs. Does it cost industrial workers their livelihoods or does it create new jobs?

Industry 66

Industry Purchasing Skills Manufacturing Procurement Cost Reduction 66

Penske Move Ahead

OCTOBER 1, 2018

In an era where technology is continuing to migrate consumer spending habits online and away from brick-and-mortar stores, the newly released 2019 Third-Party Logistics Study (#3PLStudy) highlights how supply chains are also going digital and using science to keep pace. The publication, available at no cost at www.3PLStudy.com

Supply Chain Planning Software 31

Supply Chain Planning Software Logistics Network Optimization Software Study Supply Chain Software 31

Logistics Viewpoints

MAY 10, 2022

with one of the highest costs of living. In fact, a study by LinkedIn found that 70% of employees would not work at a leading company if it meant they had to tolerate a bad workplace culture. Technology presents an opportunity for a company to differentiate itself and upgrade its work environment. These are clear cut benefits.

Vendor Strategies 104

Vendor Strategies Waste Reduction Cost Reduction Optimization Software 104

Logistics Business Magazine

NOVEMBER 13, 2022

One of the key findings of Descartes’ recent study of consumer sentiment of sustainable home delivery practices was that consumers have different delivery expectations when it comes to sustainability. Moreover, the great news about the delivery options favoured by consumers is that they are all lower cost alternatives.

Purchasing Skills 57

Purchasing Skills Study Cost Reduction Purchasing 57

GlobalTranz

MAY 26, 2021

For instance, at the height of the pandemic food spoilage was a big issue, but now, with an eye on full forward and reverse logistics, that waste can be rerouted to avoid spoilage and reduce total transport costs. Moreover, a recent study, says Banker, found that shippers are starting to realize that returns must be free.

Reverse logistics 89

Reverse logistics Material Savings Logistics Network Optimization Software Logistics 89

The Logistics of Logistics

MAY 18, 2022

Kushal talks with Joe about how FarEye is a delivery management platform that helps businesses get the product at a lower cost and more sustainable fashion. You are dealing with customers who need foster, who have anxiety, and who are price-driven, who do not want to pay for the logistics. The complexity that stays behind this.

Logistics Network Optimization Software 195

Logistics Network Optimization Software Optimization Software Supply Chain Software eCommerce 195

GlobalTranz

AUGUST 4, 2015

We will include the "Five Golden Metrics" from Bill Waddell, a lean manufacturing consultant as well as LNS's infographic from a study they conducted. Total Cost. The only meaningful measurement of total cost is on a cash basis. The 5 "Golden Metrics" to Know in order to Drastically Improve Manufacturing Operations.

Manufacturing Procurement 99

Manufacturing Procurement Procurement Analytics Optimization Software Optimization 99

Ship Monk

APRIL 28, 2023

All sorts of organizations have run studies on eco-friendly attitudes in the ecommerce industry, and we have amazingly positive news to share about what buyers are thinking. Of US adults surveyed , 69% say environmental impact is important when making a purchasing decision. We have proof. Tell customers what you are supporting and why.

eCommerce 97

eCommerce Waste Reduction How To Material Savings 97

Freightos

OCTOBER 26, 2020

The following is a 5,000 word exploration of Maersk’s strategic shift to end-to-end logistics services, based on open sources. Oil prices tanked, cancellations increased and Maersk drilling and supply chain services would run up nearly $2 billion dollars in annual losses. Meanwhile, Maersk’s energy business was being hammered.

Logistics Network Optimization Software 132

Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Design Software Price Reduction 132

Talking Logistics

APRIL 10, 2019

Source: Google. Descartes Systems Group Revenue 2006-2018 (Source: macrotrends). How can I summarize the many sessions and customer case studies I attended in a short blog post? One of Descartes’ most high-profile acquisitions was its purchase of MacroPoint for $107 million in August 2017. Where is Descartes today?

Supply Chain Design Software 15

Supply Chain Design Software Supply Chain Planning Software Modeling Software Logistics Network Optimization Software 15

GlobalTranz

DECEMBER 30, 2014

Most certainly, trucking statistics are easy to digest if they are presented in a fun way, with lots of color and less clutter. Talk to any over-the-road shipper that finds itself increasingly handcuffed by institutionalized transportation and fuel-related costs and it would likely tell you the “best job possible” doesn’t cut it anymore.

Blog 92

Blog Supply Chain Planning Software Modeling Software Expense Reduction 92

Penske Move Ahead

SEPTEMBER 17, 2019

Presenters included Balika Sonthalia, a vice president at A.T. Kearney and a presenter of CSCMP’s 30 th Annual State of Logistics Report, and Shanton Wilcox, partner at Infosys Consulting , which produces the 24 th Annual Third-Party Logistics Study : The State of Logistics Outsourcing. Penske Logistics sponsors both studies.

Supply Chain Planning Software 36

Supply Chain Planning Software Supply Chain Software Purchasing Skills 3PL 36

Logistics Bureau

APRIL 11, 2019

Source: Deloitte Report – The Future of Work. As business models continue to evolve in an increasingly digitised economy, a range of employment opportunities will open up to supply chain professionals with a suitable mix of skills.”. Aiding in purchasing and inbound logistics management. Buyer or Purchasing Agent.

Supply Chains 61

Supply Chains Security Purchasing Skills Scenario Planning 61

Talking Logistics

JULY 25, 2018

In fact, at one conference this spring, after delivering a keynote presentation that had nothing to do with technology, the very first question I received from the audience was “What do you think about blockchain and its potential in supply chain management?”. Source: IBM. Source: IBM).

Supply Chain Planning Software 92

Supply Chain Planning Software Supply Chain Software Supply Chains Logistics Network Optimization Software 92

GlobalTranz

JUNE 30, 2017

In addition, customers are continuing to demand lower prices and free shipping. Essentially, this creates a stronger level of customer service, and it can turn into additional purchases. For example, a customer is a shoe store may purchase shoes, but if offered a new brand of socks, he or she refuses.

Manufacturing Procurement 82

Manufacturing Procurement Procurement Analytics After-sales Price Reduction 82

Logistics Bureau

JANUARY 1, 2025

The inventory value for each item is obtained by multiplying the annual demand by unit cost and the entire inventory is then ranked in descending order of cost. ABC System: A cost management system that maintains operational and financial data relating to an organisations activities, resources, objects, drivers, and measures.

Supply Chain Planning Software 76

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 76

Logistics Business Magazine

OCTOBER 28, 2022

and the future of manufacturing, the power of partnerships and the route to net zero in a series of panel discussions, keynote speeches and in-depth case studies across the three-day event aimed at showcasing the benefits of automation to UK manufacturers. Day 1 – The power of partnerships. Day 3 – Education, education, education.

Events 56

Events Manufacturing Procurement Case Study Buyer Training 56

Logistics Bureau

JULY 21, 2017

Since then the company has competed in the low-cost, big-box, variety retail market alongside chains like Wal-Mart and Target, but despite growing to boast over 2,000 outlets by the late 1980s, has since been continuously losing market share. The Failing Kmart Business Strategy. The first Kmart store opened way back in 1962.

Cost Reduction 68

Cost Reduction Inventory Reduction Price Reduction Vendor Strategies 68

Blog on Log

JULY 24, 2006

The ‘Award of Excellence’ was presented by Kieran Ring, Chief Executive of the Institute at the North American Industry Dinner held to honor the memory of founding Chairman Robert V. It’s no longer a competitive advantage for US firms to source in China; practically everyone is there.

Eliminating Excel in Purchasing 40

Eliminating Excel in Purchasing Sourcing Strategies Resource Reduction Purchasing Skills 40

The Logistics Academy

FEBRUARY 13, 2017

They not only have to present the models to demonstrate their understanding, but they also have to relate the models to real companies. We find that a skill set in another discipline gives students a competitive advantage because it can enhance how they practice logistics and supply chain management.

Supply Chain Design Software 40

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 40

GlobalTranz

MAY 26, 2017

Consumer actions are shaping how shippers and carriers interact, ranging from contract negotiation to exploring new technologies. With the rise of Amazon, consumers have also been able to access an endless product array at historic, record-low shipping costs. Better cost than your competitors. What Do Customers Really Want?

Cost Reduction 66

Cost Reduction Expense Reduction Material Savings Logistics Network Optimization Software 66

Talking Logistics

JUNE 5, 2017

An interruption in delivery of parts from a partner in Europe can therefore also have implications in China,” said [Markus Duesmann, BMW board member in charge of purchasing and supplier network]. What is happening to BMW today is another case study in supply chain risk management. Here’s an excerpt: Is your supply chain best-in-class?

Supply Chain Software 88

Supply Chain Software Supply Chains Manufacturing Procurement Eliminating Excel in Purchasing 88