GlobalTranz

OCTOBER 11, 2018

The importance of an omnichannel supply chain strategy cannot be overstated. What’s Wrong With Omnichannel Supply Chain Strategy and Customer Service? Poor performance of new offerings leads to reduced profitability, reports McKinsey & Company. Shoppers see better pricing of products and added savings.

Inventory Reduction 74

Inventory Reduction Price Reduction Cost Reduction Supply Chains 74

GoShip Blog

AUGUST 24, 2021

When the bulk of your business funds go to packaging and deliveries, it might be time to reconsider reducing shipping costs to improve your profit margin. Fortunately, we’ve got some tips for eCommerce and small business owners to reduce shipping expenses and improve profit! Tip 1: Choose Affordable or Free Packaging.

Cost Reduction 98

Cost Reduction Negotiating Skills Material Savings Purchasing Skills 98

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. Success here can drive significant revenue opportunity and reduce costs, ultimately greatly increasing the stature of procurement in an organization. Master Innovation.

Optimal Sourcing 166

Optimal Sourcing Procurement Solutions Procurement Analytics Procurement 166

Ship Monk

FEBRUARY 24, 2024

No matter what type of ecommerce store you’re running, ShipMonk wants to help bolster your success with FIVE of the BEST BUDGET-FRIENDLY TIPS to protect your bottom line and enhance your profits. #1 You never want to cut corners on these, or any, crucial areas of your ecommerce brand.

eCommerce 105

eCommerce Inventory Reduction Tips Waste Reduction 105

Logistics Bureau

JULY 21, 2017

At the next Logistics Bureau Free Executive Breakfast (which will take place in August), I’ll be discussing the alignment of supply chain and business strategy along with eight other important levers for supply chain performance improvement. 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

FreightWaves SONAR

FEBRUARY 2, 2021

Freight carrier leaders should turn to these seven practical tips to combine freight analytics with operational excellence improvements. Improve end-to-end visibility to reduce idle time and wasted resources. Idle and dwell time during loading and unloading can get reduced. Price per mile driven. Employee hours worked.

Tips 98

Tips Waste Reduction Cost Reduction Operations 98

GlobalTranz

SEPTEMBER 12, 2018

To achieve lasting success, shippers need to understand how e-commerce shipping strategies are quintessential steps in this process. An Effective E-Commerce Shipping Strategy Mitigates Losses From the “Retail Apocalypse.” This is the making of an effective e-commerce shipping strategy. GET YOUR COPY HERE. Download White Paper.

Cost Reduction 73

Cost Reduction Resource Reduction Price Reduction Strategy 73

GlobalTranz

JANUARY 28, 2015

The latest industry-pricing trend, dimensional weight pricing, or often referred as “DIM Pricing,” calls for LTL freight cost calculations using pounds per cubic foot of space occupied on the truck. Both UPS and FedEx recently announced dimension-weight pricing plans for parcel/small packages effective Dec.

Negotiating Skills 97

Negotiating Skills Price Reduction Cost Reduction Waste Reduction 97

FreightWaves SONAR

DECEMBER 22, 2020

Shippers want a significant reduction in the stress of logistics. With that in mind, the trucking RFP has come into play as a more significant undertaking for 2021 contracts as the freight market saw volatility in 2020 on the spot market due to historic tender rejections and volumes adding to increased prices. Here’s the truth.

Optimization Software 105

Optimization Software Optimization Tips Price Reduction 105

GlobalTranz

JANUARY 27, 2015

This is a two part series talking about the implications of the shift towards dimensional weight pricing. Today’s post will cover more on what is dimensional weight pricing and some tips to know to get prepared for a possible sweeping shift to DIM pricing in less-than-truckload (LTL) shipping.

Negotiating Skills 107

Negotiating Skills Price Reduction Cost Reduction Freight 107

GoShip Blog

SEPTEMBER 22, 2020

3 tips for the busy moving season. Not only will reduce your belongings’ overall weight and reduce shipping costs, but with less stuff, you’ll save time moving too! Not only will reduce your belongings’ overall weight and reduce shipping costs, but with less stuff, you’ll save time moving too!

Tips 98

Tips Packing Resource Reduction Price Reduction 98

GoShip Blog

FEBRUARY 26, 2025

Think of an LTL freight quote as a price estimate for your shipment. Since multiple shipments share space in one truck, pricing can vary, but understanding how it works will help you score the best rates and avoid hidden fees. But packing smartly can help cut costs. Thats where things get tricky. What Is an LTL Freight Quote?

Negotiating Skills 52

Negotiating Skills Price Reduction Cost Reduction Freight 52

GoShip Blog

MARCH 26, 2025

Key Factors Affecting Truckload Freight Rates Gas Prices = Major Factor Just like how we budget more for Ubers when gas prices spike, trucking companies do the same thing. When everyone wants the same thing at the same time, prices go up. It’s basically surge pricing, but for trucks!

Expense Reduction 52

Expense Reduction Price Reduction Freight Cost Reduction 52

GlobalTranz

OCTOBER 2, 2018

In order to manage e-commerce logistics and maintain cost efficiency, shippers need to know the challenges in managing e-commerce logistics, how a TMS can help, and a few tips to streamline the process. Top Tips to Manage E-Commerce Logistics E-commerce logistics make up some of the most complex logistics operations on the planet.

Tips 79

Tips Material Savings Vendor Strategies Cost Reduction 79

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. Rapid cost increases, interest rate hikes and reduced demand require more effective inventory management and forecasting attention.

Inventory Reduction 52

Inventory Reduction Price Reduction Cost Reduction Waste Reduction 52

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 Viewpoints

MARCH 25, 2021

Global trade regulations and conflicts, as well as tariff threats as a political tool, could cut off sources and markets and push your business plan into the red. Your transportation consultant can help develop response strategies to ensure your supply chain continues to operate while the problem is addressed.

Supply Chain Planning Software 131

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

United World Transporation

MAY 21, 2020

However, we thought that’d we’d share our three simple maintenance tips to keep the high-mileage fleet vehicle on the road. Although we are in the refrigerated transport industry, these tips apply to all owner-operators and company drivers. 3 Simple Maintenance Tips. So, here are our three maintenance tips: 1.

Tips 98

Tips Trucking Expense Reduction Refrigeration 98

Material Handling and Logistics

SEPTEMBER 27, 2018

Kuebix offers 6 tips to fine-tune transportation strategies for the holidays: 1. The ability to integrate purchase orders automatically from an ERP system directly into the TMS cuts out paperwork and admin hours. “Black Friday, Cyber Monday and numerous holiday promotions all add to the huge spike in demand,” Clark added.

Supply Chain Software 161

Supply Chain Software Optimization Software Purchasing Skills Negotiating Skills 161

Logistics Bureau

DECEMBER 24, 2024

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. Amazingly, many companies have suffered after outsourcing decisions were made at an operational level, without due regard to the boards supply chain strategy.

Outsourcing 52

Outsourcing Warehousing Negotiating Skills Purchasing Skills 52

FreightWaves SONAR

JANUARY 25, 2021

For managers in the transportation industry, freight load pricing accuracy remains a source of confusion and disruption. According to Shopify , “free shipping is just the tip of the iceberg: 39% of U.S. Remember that carrier pricing is subject to the following: Market conditions can change quickly and shift hour by hour at times. .

Price Reduction 86

Price Reduction Data Supply Chain Software Supply Chain Planning Software 86

SYSPRO Smarter ERP

NOVEMBER 17, 2021

With a solid business strategy, and a strong foundation of knowledge, you can determine the best course of action for your manufacturing business and take advantage of an ERP system to streamline business processes and maximize profitability. MYTH: Price is the most important selection criteria when choosing an ERP.

ERP 105

ERP Modeling Software Tips Procurement Solutions 105

GlobalTranz

SEPTEMBER 18, 2017

Before you head to the post office compare parcel delivery quotes to make sure you get the best price for your delivery. Read our top five packaging tips to help prevent damage below. . We start the packaging tips with focusing on the quality of boxes you use. You could save as much as 80% on potential shipping costs!

Packaging 83

Packaging Tips Material Savings Expense Reduction 83

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%. Here are some actionable tips to help you save money on freight shipping. A well-planned carrier selection strategy can reduce costs by an average of 15%.

Cost Reduction 52

Cost Reduction Material Savings Expense Reduction Price Reduction 52

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?

Inventory Reduction 52

Inventory Reduction Price Reduction Cost Reduction Ordering 52

Compactor Management Company

JANUARY 5, 2021

Furthermore, they usually get into a long term contract with Waste Management Services or local haulers with fixed prices for waste management. To become sustainable and green, many commercial businesses are implementing waste reduction and management tactics throughout all levels of the company and across properties.

Waste Reduction 52

Waste Reduction Cost Reduction Price Reduction Negotiating Skills 52

Logistics Business Magazine

SEPTEMBER 13, 2022

Boasting versatility, it offers businesses an environmentally and economically smart sustainable solution for reducing waste and cutting costs. Whether you use it to cut hand holes into boxes or multi-score boxes, the serrated blade and rounded tip act as a safety feature.

Waste Reduction 59

Waste Reduction Price Reduction Cost Reduction Modeling Software 59

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

Conger

DECEMBER 13, 2022

If you're looking for ways to reduce lead times, you’re in the right place. Because in this post, you’ll find 11 effective strategies for doing just that. Identify and Eliminate Bottlenecks. The closer the supplier is to your warehouse or manufacturing plant or location , the easier it is to reduce lead times.

Manufacturing Procurement 52

Manufacturing Procurement Inventory Reduction Vendor Strategies Waste Reduction 52

Blue Grace Logistics

AUGUST 3, 2021

Companies have the right to receive the best service and the best price from their suppliers, and the relationship between shippers and suppliers is a key component to a successful partnership. Here are five tips to build, maintain, and improve a healthy and productive relationship with your suppliers. Select Your Supplier Carefully.

Maintainability 118

Maintainability Price Reduction Purchasing Skills Resource Reduction 118

FreightWaves SONAR

JANUARY 21, 2021

Thus, more companies are turning to predictive maintenance strategies to extend asset life expectancy, reduce the chance of breakdowns and increase throughput. Boost fleet asset utilization with pricing and tendering data at your fingertips. When dealing with asset utilization, fleet managers have a lot to track.

Data 98

Data Sourcing Strategies Tips Optimal Sourcing 98

Ship Monk

NOVEMBER 4, 2024

When a package’s volume exceeds a certain size in proportion to its weight, (meaning that it’s not very dense) it may be subject to DIM weight pricing. In 2015 shipping carriers universally adopted the DIM weight pricing formula, which factors both a package’s dimensions and its weight into account. What is DIM Weight?

Material Savings 59

Material Savings eCommerce Price Reduction Cost Reduction 59

Dedola Global Logistics

JULY 17, 2023

Remember, air freight costs are determined by weight, while ocean freight is priced by volume. High Security Freight reception areas are under continuous surveillance, reducing the risk of theft or damage. For urgent needs like preventing manufacturing delays or delivering medicines, air freight is the best choice.

Tips 98

Tips Freight Supply Chain Planning Software Logistics Network Optimization Software 98

Talking Logistics

FEBRUARY 15, 2018

Chinese New Year: 4 Tips to Prepare. Track production status : Visibility into all of the pre-production and work-in-progress (WIP) at the factory level provided via a supplier collaboration platform allows you to track orders in real-time, eliminate manual spreadsheets, email and other disparate communication.

Supply Chain Planning Software 81

Supply Chain Planning Software Tips Manufacturing Procurement Factories 81

Logistics Viewpoints

DECEMBER 6, 2023

Most notable is the extreme volatility in volumes, prices, and disruptions that have occurred. A value below 0 indicates that supply chain capacity is being underutilized, reducing supply chain volatility. Of course, prices tend to jump from supply and demand pressures. The last few years have been anything but typical.

Supply Chain Software 132

Supply Chain Software Supply Chains GEP Price Reduction 132

ShipLilly

MARCH 22, 2022

This pricing variance implies a loss of control over your budget. Do not use one strategy because you may need to make quick changes and decisions. Factors That Can Reduce Your LTL Shipping Rates. Several factors can be referenced when trying to reduce your shipping rates. It also helps to check the rates by region.

Negotiating Skills 75

Negotiating Skills Tips Price Reduction Cost Reduction 75

MTS Logistics

APRIL 27, 2020

It is a trick made possible by “derivatives”, contracts in which an agreement is made for future delivery at a predetermined price. If the value falls below this price, the seller earns, and if vice versa, the buyer gains. This introduction is necessary to understand what is happening and why oil prices went below zero.

Price Reduction 68

Price Reduction Purchasing Skills Expense Reduction Cost Reduction 68