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However, one of the most important aspects of supply chain strategies is often overlooked: the reverse supply chain (also referred to as reverse logistics ). A reverse logistics strategy provides a path for removing the existing equipment to make way for the next era of equipment in the case of end of life products or new upgrdes.
What you will learn in this blog: Leveraging Data Analytics For Invaluable Insights Implementing Lean Principles for Waste Reduction Effective Management Of Supply Chain Costs As companies navigate market fluctuations and challenges, effectively managing supply chain expenses becomes pivotal for success.
Noel Perry, economist and trucking industry expert, predicts a reduction in the nation’s trucking force by 700,000 drivers. These indicators mean that customers will be unable to get service in many cases, unless the trucking capacity shortage is offset by reduced demand due to a downturn in the economy.
So we thought we would impart upon all the shippers out there some tips on how to reduce overall costs for effective LTL Procurement. 10 LTL Procurement Cost Cutting Tips. Analyze bids for optimal pricing and service scenarios. How do you better negotiate pricing with your LTL carriers for more effective LTL procurement?
Speaker: Scott Wooley, President of Thermal Packing Solutions at Atlantic Tape and Packaging
In this webinar, we will cover the following topics: Champion/Challenger strategy. Blended Supplier Pricing Model. Join Scott Wooley, President of Thermal Solutions at Atlantic Tape and Packaging, and redefine what a resilient supply chain is. Total Cost of Ownership (TCO). Save your seat now!
In an era where resilience and adaptability are key to survival, technology has become the bedrock upon which supply chain professionals build their strategies. This enables 3PLs to optimize inventory levels, reducing the risk of overstocking or understocking, even in uncertain economic times.
Cerasis put on a 75-minute webinar entitled, The "Major Factors to Consider for Efficient LTL Shipping" Webinar on October 5th, at 10:00 AM CST. We had a great turnout with over 170 logistics managers, supply chain officers, and those in the transportation world registering and attending the webinar. Think about price.
We wanted to bring you some quick strategies and tips that can help your holiday shipping woes or at any time of the year where you experience an increase in shipping volumes. Holiday shipping prices for 2014 are pretty similar to what they were last year, only a bit higher. Truckload Holiday Shipping.
Data for the BlueGrace Logistics Confidence Index is aggregated through a survey of shippers and reflects all freight transportation modes, while correlating growth or shrinkage to the overall industry volume of shipments and the price of products, according to BlueGrace.
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.
When you work in a position related to supply-chain management, you have lot of practice in having to constantly watch over every step of the process in an attempt to cut down the time, energy or costs that it takes to make, ship and sell your product. Assembly Analysis. The Formula. Reshoring Spurred By Better DFMA.
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.
By working closely with suppliers, organizations can improve the quality and reliability of their in-bound supply chains, reduce costs, and increase their overall efficiency. The common goal for all categories of product is that they must be available at the right time, right quantity and right prices.
Retailers and wholesalers are trying to put the brakes on that shift, changing inventory and transportation strategies to minimize costs and slow down rather than speed up supply chains, according to BlueGrace Logistics, which produces a quarterly LogisticsConfidence Index (LCI).
Adam White Promoted to VP of Marketing Show Submenu Resources The Logistics Blog® Newsroom Whitepaper Case Study Webinars Indexes Search Search Adam Blankenship - July 29, 2024 BlueGrace Logistics Promotes Adam White to Vice President of Marketing TAMPA, FL (July 29, 2024) – BlueGrace Logistics (BlueGrace), a leading Third-Party Logistics (3PL) provider (..)
market in particular is going to be cut-throat. Many of the new entrants have unique USPs (Unique Selling Point) and effective marketing strategies planned out; however to compete they have to focus on the core strengths of what makes an e-commerce successful. 3 Strategies for e-Commerce Logistics Efficiency. Reduced payroll.
That kind of expertise rarely comes cheap, and by reshoring, you can eliminate the need for such a refined level of international business expertise. . Thanks to increased energy costs, production trends and the political climate, we've seen international shipping prices rising. By bringing manufacturing back to the U.S. ,
A strategy that encompasses all allows decision-makers the visibility to see concerns early on and respond promptly. An end to end supply chain strategy allows companies to see and tailor their mechanisms within the supply chain. Reduce freight and transport time with proactive management. 5 Areas for Reorganization.
This expands upon our previous integration with DAT RateView , enabling automated pricing and automated freight-tendering to carriers on the DAT load board. Streamline operations: reduce phone call volume and analyze conversion. Watch the webinar to see the partnership in action.
This expands upon our previous integration with DAT RateView , enabling automated pricing and automated freight-tendering to carriers on the DAT load board. Streamline operations: reduce phone call volume and analyze conversion. Attend the webinar to learn more about what the integration means for brokers.
The expanded role oversees BlueGrace’s carrier relations and procurement efforts. Carly’s vast industry experience and knowledge have made a significant impact on our carrier relations team,” said Adam Blankenship, COO of BlueGrace.
The US energy industry is also awaiting changes in basic operating procedures, which are expected to dramatically reduce energy costs. Manufacturing Strategy Will Reduce the Burden of Costs of Transformation. Manufacturers are also ready to reinvent operational strategies. Risk Management Will Take Priority.
Choosing Your Freight Shipping Strategy with e-commerce. What About DIM Pricing in e-commerce logistics? Developing Your Reverse Logistics Strategy . The Big Benefits of E-Commerce In Manufacturing. The Rise Of Omni-Channel Supply Chains And Maximizing Customer Satisfaction. The Importance Of Good Inspection And Sorting.
Traditional fixed-price contracts, once the bedrock of stability, are yielding to the pressures of market dynamism, unable to keep up with the factors impacting the markets. It beckons us to lead with vision, ensuring our strategies are as dynamic as the markets we navigate. Get Your Custom Report Now!
Across our many blog posts, videos, webinars, eBooks, and other shared content, you’ll find a wealth of information about various aspects of outsourcing in the supply chain. However, I can’t recall writing a general guide about exploiting outsourcing opportunities to improve your supply chain.
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.
webinar, we provided an in-depth analysis of current supply and demand trends in the North American freight market. Due to the overwhelming popularity of the webinar, attended by a C.H. Due to the overwhelming popularity of the webinar, attended by a C.H. Watch the webinar recording for even more freight market answers.
10 Tips to Remain Competitive and Have an Effective Transportation Management Strategy. This is especially relevant for third-party logistics and transportation management service providers, whose service fee is based on reducing cost and streamlining the shipper’s supply chain. Gaining "Shipper of Choice" Status.
Here’s why technology should be part of your overall strategy. Brokerages across the globe have turned to technology for a competitive advantage, helping them increase sales, get loads covered, improve customer experience, and cut out the busy work that slows them down. They could be missing out in consequence.
Here’s why technology should be part of your overall strategy. Brokerages across the globe have turned to technology for a competitive advantage, helping them increase sales, get loads covered, improve customer experience, and cut out the busy work that slows them down. They could be missing out in consequence.
Traditional segmentation strategies no longer work in a world characterized by complexity and constant change. Creating a cohesive back-end is an important first step, enabling companies to make real-time decisions, streamline production, and cut costs. The Customer Owns the Empire. Embrace Digital Disruption. Join the Digerati.
In other words, shippers must include the average cost of shipping when determining product price points and incorporated in a way that does not appear to cost more than shopping with a competitor, such as Amazon. Another strategy that is working the past to keep carriers from putting forth outrageous rate hikes is appeasement.
The Supply Chain of Mother's Day Flowers Show Submenu Resources The Logistics Blog® News Press Whitepaper Case Study Webinars Indexes Search Search BlueGrace Logistics - May 9, 2023 Mother’s Day is a special day to celebrate and honor mothers around the world. per person, which was an increase from $16.50
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
Growth drivers in domestic manufacturing include a sharp fall in the price of crude oil and natural gas, rising costs of labor in China and other host countries, and favorable conditions for manufacturing back home. Drop in the price of crude oil. Fall in the price of natural gas. Rising costs of labor in China and other places.
Someone has expressed interest in your product or service by filling out a form on your website, attending a webinar or seminar, or responding to an ad. Targets will help you create a more direct and effective strategy and ensure that you’re not wasting time or resources on unrelated efforts. A lead is a potential customer.
Parcel auditing is an excellent means of recapturing revenue by reducing parcel transportation costs for shippers around the globe. Higher costs to shippers inevitably result in inflation of product pricing. Thus, parcel audits keep product prices under control and enhance profitability at the same time. DOWNLOAD WHITEPAPER.
As of 2019, the average sales price per square foot for Canadian industrial properties was $154 , and it has continued to rise since, according to the Globe and Mail. Reduced efficiency. Cut down on costs. Automating invoicing eliminates mistakes that could delay payment. , paper, shredders, folders, and cabinets.
It is insufficient to approach freight costs management by simply reducing departmental budgets without rationales that are based on actuals along with calculations of myriad logistical factors included in freight costs. Job Territories.
Don’t expect to plan for every disruption; instead, develop a strategy to overcome supply chain disruption, regardless of the source. Preparing your supply chain for resiliency begins with risk management and a proactive strategy. Price fluctuations and sourcing issues. It’s not enough to have a Plan B, just in case.
The fundamentals of a Freight Rating System match a user’s shipping and freight characteristics and a carrier’s service and price options. These elements go beyond price and should be taken into consideration as to how they can provide additional benefits to a shipper. Find out how pricing is made available to shippers.
We wanted to bring you some quick strategies and tips that can help your holiday shipping woes or at any time of the year where you experience an increase in shipping volumes. Holiday shipping prices for 2014 are pretty similar to what they were last year, only a bit higher. Truckload Holiday Shipping.
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.
Mostly, this goes back to finding the best product possible at the lowest possible price. . Pricing Models Are Subject to the “Amazon Standard.”. Pricing models are changing as well. B2B E-Commerce Reduces Conflicts Between B2B and B2C Distribution. Businesses Want Platforms, Not Individual Systems.
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