Logistics Bureau

MAY 24, 2019

If you were to tell me that your company had never looked at its supply chain costs and sought to deliver reductions, I would be mightily surprised. On the other hand, if you told me your company hasn’t been able to sustain any progress in supply chain cost reduction, I wouldn’t be surprised at all.

Cost Reduction 77

Cost Reduction Inventory Reduction Expense Reduction Price Reduction 77

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. The short answer is “yes,” as long as you have a segmented freight portfolio strategy for both the contract market and the spot market. Segment your freight portfolio.

Price Reduction 90

Price Reduction Cost Reduction Strategy Purchasing Skills 90

WorkWave

DECEMBER 16, 2024

We will discuss case studies, future trends, and guidelines for businesses considering whether to invest in this cutting-edge technology. This proactive approach reduces the reliance on intensive control measures, allowing for more efficient pest management strategies.

Cost Reduction 52

Cost Reduction Resource Reduction Optimization Software Waste Reduction 52

Logistics Viewpoints

JANUARY 31, 2022

It increases site productivity, reduces the usage of raw materials by up to 50%, but also leads to a more comfortable building. However, their carbon reduction goals for their value chain operations for 2030 will not be changed. However, their carbon reduction goals for their value chain operations for 2030 will not be changed.

Material Savings 109

Material Savings Cost Reduction Price Reduction Expense Reduction 109

Blue Grace Logistics

MARCH 12, 2025

BlueGrace describes this report as an important tool for measuring expected expansion or contraction within the logistics sector. Given ongoing concerns about freight costs, supplier reliability, and consumer demand volatility, companies are hesitant to make major shifts in inventory strategy.

Inventory Reduction 62

Inventory Reduction Resource Reduction Cost Reduction Price Reduction 62

Log-hub

FEBRUARY 12, 2025

By leveraging these technologies, businesses can optimize operations, reduce costs, and make smarter, data-driven decisions. In warehouses, robots use matrices to determine the fastest routes for retrieving and packaging goods, reducing human error and improving efficiency.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Optimal Sourcing 52

Blue Grace Logistics

APRIL 1, 2024

In an era where resilience and adaptability are key to survival, technology has become the bedrock upon which supply chain professionals build their strategies. These tools are helping businesses advance operations, enhance efficiency and drive growth, irrespective of the volatile economic market conditions.

Optimal Sourcing 127

Optimal Sourcing Supply Chain Software Optimization Software Supply Chain Planning Software 127

Ship Monk

SEPTEMBER 14, 2023

According to a study conducted by Harvard Business Review, 73% of retail shoppers use multiple channels to shop. Another study by Retail Dive found that the average engagement rate of marketing campaigns using three or more channels was 18.96% (that’s the average across all channels!) What is a Multichannel Sales Strategy?

Inventory Reduction 64

Inventory Reduction Price Reduction Cost Reduction eCommerce 64

WorkWave

JANUARY 20, 2025

Artificial intelligence (AI) and business intelligence (BI) tools are transforming how these businesses track, analyze and act on data. WorkWave is at the forefront of developing Analytics & AI tools to help our customers streamline operations, reduce their spend and overcome common yet difficult hurdles in their businesses.

Optimization Software 64

Optimization Software Security Data Industry 64

Locus

JUNE 30, 2023

Plenty of cost-cutting strategies are being employed by Supply Chain Management leaders, but the potential long-term implications often remain unseen. Speaking of implications, let’s delve into the top cost cutting strategies that businesses implement but could negatively impact supply chain performance: 1. Achieving 99.5%

Cost Reduction 52

Cost Reduction Resource Reduction Expense Reduction Price Reduction 52

GlobalTranz

MAY 6, 2015

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. Increase Velocity, Throughput and Reduce Variation. o Lead time—excessive wait times.

Supply Chain Planning Software 127

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

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

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

Ottawa Logistics

NOVEMBER 21, 2016

Implementation of sound e-commerce fulfillment strategies is necessary for the age of online funding, social media customer awareness, and interactivity. Study participants represented manufacturing, retail, food & beverage, pharmaceuticals, and other industries. gs done right and on time. We know how to pick, pack, and ship.

Price Reduction 90

Price Reduction Cost Reduction Logistics Network Optimization Software Supply Chain Software 90

Freightos

AUGUST 14, 2023

In one example, an employee of Varda, a SpaceX-like company, began to publicly attempt to replicate the study and had over 10,000 people tuning in to watch a live stream of rocks in a furnace. Specifically, 53% anticipate a limited reduction, while 31% foresee substantial cuts. Today, AI is a blank slate.

Price Reduction 118

Price Reduction Logistics Network Optimization Software Material Savings Supply Chain Software 118

Material Handling and Logistics

OCTOBER 30, 2018

Suspicion that digitization will eliminate jobs is not without cause—there is no doubt that certain roles are changing or being eliminated by automation. In a recent Forrester study, they found the problem to be poor quality data. Now, it can be deemed scary! Foundation, Foundation, Foundation. Master Innovation.

Optimal Sourcing 166

Optimal Sourcing Procurement Solutions Procurement Analytics Procurement 166

Blue Grace Logistics

SEPTEMBER 12, 2017

According to the findings from the “26th Annual Study of Logistics and Transportation Trends (Masters of Logistics)”, more companies are beginning to understand that new business models and new competition in the field are changing customer expectations. and 30.9%, respectively,” says Logistics Management. The Structure of Service.

Cost Reduction 89

Cost Reduction Logistics Network Optimization Software Price Reduction Sourcing Strategies 89

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.

Vendor Strategies 72

Vendor Strategies Price Reduction Logistics Network Optimization Software Modeling Software 72

Logistics Viewpoints

MARCH 31, 2022

With gasoline prices reaching record highs , transportation managers must make smarter decisions that minimize road miles and associated costs. In a study commissioned by Blue Yonder, it is estimated that a typical $10 billion company can save $14.1 The study predicts that a $10 billon company can realize over $31.2

Logistics Network Optimization Software 115

Logistics Network Optimization Software Supply Chain Planning Software Optimization Software Modeling Software 115

MTS Logistics

JUNE 26, 2023

Inflation can have a direct effect on export pricing dynamics. As a result, exporting firms may face challenges in maintaining price competitiveness in international markets. High inflation erodes the purchasing power of consumers, both domestically and abroad, which can lead to reduced demand for exports.

Expense Reduction 98

Expense Reduction Price Reduction Purchasing Skills Material Savings 98

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 Viewpoints

JUNE 8, 2023

The High Cost of Ignoring Delivery Optimization Failing to utilize technology for optimizing delivery processes comes with a steep price. Studies show that 88% of consumers have abandoned online shopping carts due to unsatisfactory delivery terms, and 85% of customers will not shop with a retailer again after a poor delivery experience.

Modeling Software 108

Modeling Software Optimization Software Supply Chain Design Software Logistics Network Optimization Software 108

Trinity Logistics

JUNE 23, 2023

 Shopping with multiple suppliers will not only gain you access to more resources but can offer you more varied pricing options to consider. INVEST IN TECHNOLOGY Logistics technology, like a transportation management system (TMS) , has tools available to help you stay on top of your supply chain and plan efficiently. One

Supply Chain Planning Software 118

Supply Chain Planning Software Supply Chain Software Material Savings Supply Chains 118

Material Handling and Logistics

MAY 14, 2018

Five of the six major automakers manufacturing and selling vehicles in North America fell in their annual supplier relations rankings, according to the results of the 18th annual North American Automotive OEM - Supplier Working Relations Index Study conducted by Planning Perspectives, Inc. Ford is fourth (363).

Purchasing Skills 110

Purchasing Skills Price Reduction Manufacturing Procurement Cost Reduction 110

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

GlobalTranz

OCTOBER 6, 2021

Just a few years ago, many faced repeated price increases of more than 10-15 percent over . Centralized freight management drives efficiency and eliminates the hassle of traditional, chained-to-the-desk management styles. Reducing Reliance on Outdated Systems and Technology .

Optimal Sourcing 86

Optimal Sourcing Optimization Software Modeling Software Supply Chain Software 86

GoShip Blog

FEBRUARY 6, 2025

You can cut costs without cutting corners. According to industry research, businesses that optimize their shipping strategy can reduce costs by up to 30%. Ship Smarter by Consolidating Your Shipments One of the easiest ways to reduce costs is to consolidate shipments whenever possible. The good news?

Cost Reduction 52

Cost Reduction Material Savings Expense Reduction Price Reduction 52

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

GlobalTranz

MAY 8, 2015

The fundamentals of a Freight Rating System match a user’s shipping and freight characteristics and a carrier’s service and price options. The tools optimize the headhaul and backhaul components of a shipper’s network and deliver analytics used by shippers during negotiations with carriers. Determine the software’s objective.

Supply Chain Planning Software 90

Supply Chain Planning Software Optimization Software Negotiating Skills Logistics Network Optimization Software 90

GlobalTranz

JUNE 16, 2015

In fact, the annual ChainLink Research Study found innovation to be the top focus for those involved in the manufacturing community. Furthermore, innovation has replaced previous expectations and practices of reducing prices and focusing on reducing the consumers’ costs. Innovation Reduces Risk to Businesses.

Manufacturing Procurement 101

Manufacturing Procurement Purchasing Skills Price Reduction Supply Chain Design Software 101

GlobalTranz

JULY 8, 2015

And at the end, check out a nice infographic speaking more to reverse logistics strategies and practices. Reverse Logistics allows businesses to recoup a portion of the original purchase price of this equipment. In many cases, the rationale behind this response remains in-house RLS (Reverse Logistics Strategy). Cost Management.

Reverse logistics 110

Reverse logistics Material Savings Cost Reduction Logistics Network Optimization Software 110

GoShip Blog

NOVEMBER 25, 2022

There are several shipping pricing methods for e-commerce businesses–each with its strengths and weaknesses. Flat-rate shipping is a pricing method where the shipping fee depends on the size of the box or envelope rather than the item’s dimensional weight. Pros and Cons of Flat-Rate Shipping Method. Pros of Flat-Rate Shipping.

Price Reduction 52

Price Reduction Purchasing Skills Cost Reduction Expense Reduction 52

Logistics Business Magazine

JUNE 28, 2021

The conclusions of this study show that the worst is over, and that the sector is moderately optimistic as it awaits future events before considering the crisis to be over. An encouraging future can also be seen when talking about transport prices, where we find that a third of the responses even point to an increase in prices.

Study 44

Study Transportation Price Reduction Optimization Software 44

WorkWave

JANUARY 17, 2024

Route optimization software has emerged as a game-changing tool, revolutionizing how these companies optimize routes and streamline operations. Optimized Route Efficiency Route planning software, on average, can reduce travel distance by 10-15%, resulting in significant fuel savings and reducing carbon emissions.

Optimization Software 99

Optimization Software Logistics Network Optimization Software Resource Reduction Optimization 99

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.

Optimization Software 72

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

WorkWave

FEBRUARY 9, 2024

One effective strategy that’s been gaining traction is price bundling. Also known as packaged pricing, this strategy involves bundling various services together and charging one price. Why Does Bundle Pricing Really Work? Here’s why: Bundled pricing simplifies the purchasing process for customers.

Price Reduction 52

Price Reduction Purchasing Skills Tips Procurement Solutions 52

FreightWaves SONAR

MARCH 11, 2021

View the Full Case Study. However, added pressures on the industry led Big M Transportation’s leaders to reconsider their current pricing strategy. That demand made greater insight into pricing an absolute necessity. View the Full Case Study. Whitney Stokes. Vice President of Logistics at Big M Transportation.

Price Reduction 52

Price Reduction Purchasing Skills Case Study Transportation 52