Cost Reduction Strategies Related Topics 
Logistics Viewpoints
MARCH 6, 2025
Your inbox quickly fills with concerned emails highlighting rising costs, delayed materials, and your teams urgent efforts to assess the situation and determine the next steps. manufacturer I know saw their import costs jump overnight, forcing a rethink of a decade-old sourcing strategy.
Logistics Viewpoints
MAY 12, 2025
2025,the United States and China announced an agreement to reduce tariffs on each others goods for a limited period of 90 days. China will reduce its tariffs on U.S. Provisions for Further Negotiation In addition to the temporary tariff reductions, the agreement establishes a working mechanism to continue technical consultations.
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The Logistics of Logistics
JANUARY 7, 2025
Bill Catania and Joe Lynch discuss OneRail’s winning strategy for final mile. By optimizing fulfillment processes, reducing costs and improving order accuracy, OneRail is committed to empowering clients and improving the customer experience. To learn more about OneRail, visit OneRail.com.
ToolsGroup
OCTOBER 17, 2024
This oversight can lead to hidden costs that not only erode your profits but also jeopardize your customer loyalty. The Hidden Costs of Inaction The Financial Drain of Stockouts: If you think stockouts are merely an inconvenience, think again. Is that really the cost of doing business you’re willing to accept?
Advertiser: GEP
For supply chain and procurement pros, cost reduction is a top priority today. This timely new paper from GEP explores powerful and effective digital levers that can help you to slash costs and create more value for the business. Read it now.
Logistics Viewpoints
FEBRUARY 4, 2025
By placing photovoltaic (PV) panels on the roofs of buildings, warehouses can capture sunlight and convert it into electricity, reducing energy costs and carbon emissions. The integration of robotics within warehouse operations has led to significant improvements in productivity, accuracy, and cost savings.
Logistics Viewpoints
APRIL 10, 2025
Reducing cost was the primary objective, and most operational decisionsfrom sourcing to fulfillmentreflected that mindset. Resilience is the ability to respond to disruption while maintaining core operations, and more companies are shifting their strategies accordingly. For years, supply chains were engineered to be lean.
Speaker: Nikhil Joshi, Founder & President of Snic Solutions
A Manufacturing Execution System (MES) could be the game-changer, helping you reduce waste, cut costs, and lower your carbon footprint. Join Nikhil Joshi, Founder & President of Snic Solutions, in this value-packed webinar as he breaks down how MES can drive operational excellence and sustainability.
Advertiser: GEP
The secret is mastering strategic cost management strategies. This GEP bulletin, "Strategic Cost Management Approaches to Unlock Growth and Increase Profitability," breaks this down into clear, actionable steps. How can businesses gain a competitive edge in an era marked by relentless competition and economic fluctuations?
Advertiser: GEP
Without the right strategy, enterprises face hidden risks and unnecessary spend. Tail spend — often unmanaged, fragmented and costly — can account for as much as 80% of total transaction volume. It’s time to shift from fragmented, ad hoc purchasing to a strategic, technology-driven approach.
Advertiser: GEP
Direct materials sourcing is evolving, with procurement now tasked not only with cost efficiency but managing sustainability and risk management. While some embrace cutting-edge tools like AI and blockchain for global trade functions, others lag in technology adoption.
Advertiser: GEP
Supply Chains have 3 key priorities: building resiliency, reducing costs and driving ESG performance. Read the new GEP-sponsored report by Harvard Business Review Analytic Services for strategies and digital solutions to achieve these goals.
Advertiser: GEP
From new pricing strategies and material substitutability to alternative suppliers and stockpiling, a new GEP-commissioned Economist Impact report reveals that enterprises are adopting a variety of approaches underpinned by data and technology.
Advertiser: GEP
Did you know that implementing generative AI reduces sourcing cycle times and allows for faster decision-making across procurement operations? The paper highlights real-world examples and use cases that demonstrate generative AI's transformative effects on operational efficiency, risk management, and cost reduction.
Advertiser: GEP
One policy shift and your sourcing strategy is upside down. This bulletin cuts straight to the point. Tariffs are no longer just policy noise. They’re driving real, bottom-line impact.
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