The Logistics of Logistics

DECEMBER 6, 2021

Lauren is a seasoned maritime attorney and the founder of Squall Strategies , a boutique maritime consulting and legal solutions company and offers a wide range of consulting services to serve a variety of businesses and clients. Beagen is a seasoned maritime attorney and the founder of Squall Strategies, LLC.

Inventory Reduction 195

Inventory Reduction Material Savings Maritime Supply Chain Software 195

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. How do deliveries impact consumer experience?

Supply Chain Planning Software 130

Supply Chain Planning Software Optimization Software Supply Chain Software Logistics Network Optimization Software 130

CH Robinson Logistics

JULY 13, 2022

The short answer is “yes,” as long as you have a segmented freight portfolio strategy for both the contract market and the spot market. Every business has a responsibility to develop strategies that take advantage of the best market price and service. As you build your strategy, confirm the spot market capacity for specific areas.

Price Reduction 90

Price Reduction Cost Reduction Strategy Purchasing Skills 90

SYSPRO Smarter ERP

NOVEMBER 1, 2021

Industries are facing the need to plan new strategies and invest more in technology to gain a stronger foothold. Here is a list of challenges and solutions for manufacturers to remain resilient and maintain growth momentum. We live in a time where we can purchase almost anything with a click of a button.

Manufacturing Procurement 111

Manufacturing Procurement Supply Chain Planning Software Optimal Sourcing Inventory Reduction 111

Logistics Bureau

MAY 30, 2022

Our three pillars (or fundamentals) of great supply chain management excellence are strategy, service, and cost. Aligning strategy, service, and financial factors in your supply chain operation is essential to support your company’s overall business strategy , mission, and objectives. The Importance of Alignment.

Inventory Reduction 117

Inventory Reduction Cost Reduction Price Reduction Supply Chain Planning Software 117

Ship Monk

APRIL 5, 2024

The fact is, most business owners think of procurement as nothing more than a transactional relationship. Of course, it wouldn’t be a business strategy if there weren’t a couple more acronyms to learn. End relationships with uncooperative vendors whose goods can easily be purchased elsewhere. The last time you signed a contract?

Negotiate Pricing 105

Negotiate Pricing Negotiating Skills eCommerce Purchasing Skills 105

Material Handling and Logistics

JANUARY 10, 2018

Innovation Labs are continuing to pop up, emphasizing the need for companies to invest in innovation to foster creative new solutions and products. 2018 will see a focus on taking innovation beyond a buzzword and into implementable solutions that deliver executable results. Kristi Montgomery, VP of innovation, Kenco.

Supply Chain Design Software 144

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

Ship Monk

SEPTEMBER 14, 2023

They’re researching before they purchase, and they’re purchasing wherever and whenever they see something they like. According to a study conducted by Harvard Business Review, 73% of retail shoppers use multiple channels to shop. If you’re not employing a multichannel sales strategy, you’re clearly missing out.

Inventory Reduction 64

Inventory Reduction Price Reduction Cost Reduction eCommerce 64

Logistics Viewpoints

APRIL 21, 2022

On one hand, consumers expect to increase their online purchases post-pandemic. In the study on home delivery consumer sentiment, consumers stated that, during the pandemic, the portion of all purchases made online that required home delivery went from 35% to 46%. What’s your home delivery excellence strategy?

Optimal Sourcing 144

Optimal Sourcing Eliminating Excel in Purchasing Purchasing Skills Sourcing Strategies 144

Logistics Viewpoints

DECEMBER 1, 2022

Theme 2: Online buying will fuel home delivery growth, challenges and new strategies. In the same ecommerce study, over 72% of consumers experienced a delivery failure over a three-month period. Somewhat nailed it. Theme 3: The Great Resignation will accelerate the existing driver exodus, increasing the focus on retention.

Cost Reduction 139

Cost Reduction Resource Reduction Supply Chain Planning Software Logistics Network Optimization Software 139

Logistics Bureau

NOVEMBER 16, 2020

It touches many departments, from production, procurement, shipping, accounting, and finance to marketing, warehousing, research and development, and sales. For example, a member of the sales team could apply to become a purchasing agent, based on her experience of negotiating sales deals. Why Choose a Job in the Supply Chain Industry?

Supply Chain Planning Software 118

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 118

Logistics Viewpoints

JANUARY 26, 2021

This means supply chain and logistics professionals need to distinguish between more frequently purchased products and the slower-moving products customers are willing to wait for. In a study of logistics providers conducted by Fraunhofer IML, only 36% of organizations reported that they had a clear overall plan for digital transformation.

Supply Chain Software 171

Supply Chain Software Supply Chain Planning Software Definition Supply Chains 171

Logistics Bureau

MAY 24, 2019

The following five mini case studies explore a few high-profile companies that have managed to sustain their supply chain cost-reduction efforts and keep expenses under control. The Path to Cost Reduction: Intel decided to try what was considered an unlikely supply chain strategy for the semiconductor industry: make to order.

Cost Reduction 73

Cost Reduction Inventory Reduction Expense Reduction Price Reduction 73

WorkWave

JUNE 17, 2024

Generating more leads is a key strategy for increasing revenue, expanding market reach, and establishing a strong reputation in the industry. Digital marketing has emerged as an essential strategy to effectively promote products and services online. Email marketing is an effective pest control lead generation strategy.

Optimal Sourcing 96

Optimal Sourcing Sourcing Strategies Resource Reduction Optimization Software 96

Ship Monk

DECEMBER 12, 2023

Strategy and precision around the holidays are as important to ecommerce store owners as lights and ornaments are to the pivotal pine tree. Ensure your brand is positioned to make customers happy with all their purchases, even the last-minute ones. Think ecommerce stores that specialize in clothes, toys, and books for example.

Procurement Solutions 64

Procurement Solutions eCommerce Purchasing Skills Cost Reduction 64

Logistics Viewpoints

MAY 3, 2022

But it’s important to remember that while customers want their purchases fast, sometimes even the next day, many care about the environmental impact of that delivery as well. An IBM study found that 57% of consumers are willing to change their shopping habits to protect the environment. Rethink Process.

Supply Chain Design Software 134

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 134

Talking Logistics

FEBRUARY 27, 2019

But beyond that, shippers today also expect their logistics partners to provide them with technology solutions, timely and accurate data, and business intelligence and analytics capabilities. We built what we call My HNRY TMS, which is a web-based platform that blends all of our asset carriers with our non-asset solutions,” says Sonny.

Vendor Strategies 71

Vendor Strategies Price Reduction Logistics Network Optimization Software Modeling Software 71

Logistics Bureau

JANUARY 7, 2020

Supply chain strategy is critical to business success, but companies often underestimate its importance and hence pay it less leadership attention than other areas of operation. Supply Chain Strategy. In other words, the majority did not recognise the need for close alignment between supply chain and general business strategies.

Supply Chain Design Software 131

Supply Chain Design Software Supply Chain Design Inventory Reduction Cost Reduction 131

Logistics Viewpoints

FEBRUARY 8, 2022

As physical stores opened, shut down and re-opened again, consumers became more flexible in the way they shop for, and purchase, just about every product. Digital transportation management solutions can help by connecting the entire shipping network, including customers and carriers, in real time.

Optimal Sourcing 128

Optimal Sourcing Logistics Network Optimization Software Supply Chain Planning Software Optimization Software 128

Blue Grace Logistics

AUGUST 10, 2021

Over the last decade, ever since social media and the IoT became common-place mediums, there has been a change in marketing tools and strategies. A more streamlined communication is provided by omnichannel strategies. Omnichannels blur the line between online and in-person purchases.

Expense Reduction 62

Expense Reduction Cost Reduction Strategy Optimization Software 62

Locus

MAY 15, 2023

According to a study, 55% of consumers prefer to buy directly from brands, and a further 40% of shoppers say they will purchase from a D2C brand in the next five years. However, as the data suggests, more and more customers want to buy from brands directly and want them to solve any challenges that arise post-purchase.

Cost Reduction 52

Cost Reduction Procurement Solutions Strategy Supply Chain Planning Software 52

Locus

OCTOBER 7, 2022

Technology solutions for last-mile fulfillment have emerged as the quickest, most practical way to meet these steep consumer demands. However, should a business invest their capital in building and maintaining their solution from scratch, or simply purchase an off-the-shelf solution? Holistically consider the costs.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Procurement Solutions Eliminating Excel in Purchasing Supply Chain Software 52

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. SaaS (Software as a Service). Previously, purchasing an ERP required a large capital spend.

ERP 105

ERP Modeling Software Tips Procurement Solutions 105

GlobalTranz

DECEMBER 30, 2014

10 Considerations in a Transportation Management Solutions Strategy & 6 Steps to Create One : Transportation management solutions are no longer just about moving freight and doing it at the lowest possible cost. Read the Full Blog Post. Read the Full Blog Post. Read the Full Blog Post.

Blog 92

Blog Supply Chain Planning Software Expense Reduction Modeling Software 92

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. This occurs as more consumers have sought out ways to purchase goods or services online due to increasingly chaotic and intensive work schedules or inability to reach your business due to location.

Manufacturing Procurement 101

Manufacturing Procurement Purchasing Skills Price Reduction Supply Chain Design Software 101

Kanban Logistics

AUGUST 13, 2020

This includes the procurement and delivery of the parts used to build the finished product. Third-party procurement. Right now, your buyers probably spend a good percentage of their time negotiating with, and procuring goods from, makers of boxes, nuts, bolts, and other consumable parts and materials. What is inbound logistics?

Manufacturing Procurement 98

Manufacturing Procurement Inbound 3PL Material Savings 98

Logistics Viewpoints

JANUARY 11, 2023

Fast forward 5 years, and ARC’s 2019 base-year study estimated the market at $11.9 While time slot management applications work as a stand-alone application, it is more valuable when it is integrated into with other applications on a common platform such as warehouse- and yard management or visibility solutions. Well, I am saying it.

Supply Chain Planning Software 152

Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software Supply Chain Software 152

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

Ship Monk

JANUARY 9, 2024

ShipMonk nurtures relationships and facilitates integrations with shipping companies, as well as providers of third-party tools and systems that enable ecommerce businesses to thrive. In 2024, we expect to see more brands moving from a multichannel strategy to create an omnichannel experience for their customers.

eCommerce 105

eCommerce Trends Optimization Software Supply Chain Software 105

Logistics Bureau

SEPTEMBER 4, 2023

Potential Factors in Declining Margins To get to the root of the problem, understanding the costs of production or purchasing will be a necessary starting point, but typically, more information will be needed. Some customers are very good at finding loopholes to reduce their purchasing costs.

Negotiating Skills 103

Negotiating Skills Purchasing Skills Cost Reduction Analysis 103

Talking Logistics

APRIL 23, 2019

A recent study from The American Transportation Research Institute showed that many companies are trying to move fulfillment closer to their customers. New supply chain strategies. To meet these needs, supply chain strategies need to focus on “right-size” fulfillment footprints. Let’s take another look at the treadmill example.

Supply Chain Design Software 112

Supply Chain Design Software Cost Reduction Logistics Network Optimization Software Supply Chain Software 112

Logistics Bureau

MAY 31, 2021

If yours is one of those businesses shifting from traditional to online retail, you’ve probably faced some of the logistical challenges arising from the need to deliver your customers’ purchases to them. These are the primary areas to begin identifying higher-cost elements and seeking solutions to tackle them. Equipment use.

Cost Reduction 118

Cost Reduction Purchasing Skills Expense Reduction Inventory Reduction 118

GlobalTranz

JULY 8, 2015

And at the end, check out a nice infographic speaking more to reverse logistics strategies and practices. Throughout the course of business, there will be a series of recurring updates for equipment, software, and materials. Reverse Logistics allows businesses to recoup a portion of the original purchase price of this equipment.

Reverse logistics 110

Reverse logistics Material Savings Cost Reduction Logistics Network Optimization Software 110

Locus

SEPTEMBER 27, 2022

The Institute of Southern Asian studies has shared that out of 278.3 With a mobile phone, internet, app, and a few clicks, they can easily purchase products without going out of stores. With Bukalapak being a heavyweight in O2O E-commerce, Malay wanted to know how it makes its procurement process easier and efficient.

Supply Chain Planning Software 52

Supply Chain Planning Software Procurement Solutions Modeling Software Supply Chain Software 52

SYSPRO Smarter ERP

FEBRUARY 15, 2023

This can occur both upstream and downstream, moving downstream, typically include raw materials suppliers, the intermediate manufacturers who turn raw materials into usable components, the assembly phase of manufacturing , distribution networks to store and move products, and end customers who purchase and use manufactured goods.

Manufacturing Procurement 105

Manufacturing Procurement Supply Chain Planning Software Material Savings Resource Reduction 105

GoShip Blog

DECEMBER 26, 2018

Customer experience is someone’s experience involving every interaction of a business and a customer, including pre-sale and after-purchase communication and experience. A recent study by American Express stated that 60% of customers would pay more money to get a better experience shopping. Why is it important to your business?

How To 75

How To Study Logistics Network Optimization Software After-sales 75

Locus

FEBRUARY 15, 2022

Rising last-mile delivery costs Poor logistics visibility Inaccurate calculation of Expected Time of Arrival (ETA) Inadequate route planning Delayed deliveries Usage of outdated delivery tools and technologies Failed and missed deliveries. Implementing a dispatch software can improve your last-mile efficiency. What do customers want?

Logistics Network Optimization Software 52

Logistics Network Optimization Software Supply Chain Planning Software Optimization Software Supply Chain Software 52