GlobalTranz

JULY 20, 2018

In an environment of increasing freight costs, greater pressures on supply chains, and ever-expanding competition, shippers need to focus on where they can cut costs and increase operational efficiency. One such area that offers the greatest opportunity is shipping network optimization. download ebook.

Cost Reduction Strategies 120

Cost Reduction Strategies Price Reduction Inventory Reduction Network Optimization 120

ToolsGroup

DECEMBER 2, 2021

This leads to excessive costs, waste and obsolescence. Download our ebook: Demand Forecast Is Why You Need to Adopt a Service-Driven Supply Chain Strategy. Whether you’re in manufacturing, retail, or another industry, here are four strategies that supply chains just like yours have used to win at demand forecasting.

Inventory Reduction 156

Inventory Reduction Waste Reduction Resource Reduction Cost Reduction Strategies 156

GlobalTranz

DECEMBER 5, 2018

For example, a black swan event may include both the physical damage and ongoing disruption caused by a hurricane and subsequent bottlenecks, so shippers that know how to isolate the causes of poor visibility and areas that are likely to contribute to worsening of black swan events can effectively reduce their chances of coming to fruition.

Price Reduction 168

Price Reduction Resource Reduction Cost Reduction Strategies Inventory Reduction 168

Logistics Viewpoints

FEBRUARY 5, 2024

Walmart is reducing its requirements that suppliers’ shipments to them arrive on-time in-full. Walmart’s On-Time In-Full initiative is a compliance measure designed to ensure that freight arrives at a Walmart store or distribution center when it was supposed to, in the quantities expected.

Shipping 243

Shipping Real-time Visibility Supply Chain Design Software Supply Chain Planning Software 243

The Logistics & Supply Chain Management Society

MARCH 22, 2022

How Shipping Can Help Save The Planet. But to be honest, the shipping industry is as much of a culprit. If we take a closer look, we can see that global aviation, including domestic and international; passenger and freight accounts for 2.5% First of all, the shipping industry today is enormous. Size Matters.

Expense Reduction 245

Expense Reduction Cost Reduction Strategies Shipping Resource Reduction 245

SCMDOJO

APRIL 22, 2024

As recent times have shown us, political matters across the world can have an impact on shipping routes, thus affecting the prices of goods all around the world. The price of container freight rates surged while the entire world was having to deal with delays. Consumers dealt with skyrocketing prices and unprecedented shortages.

Inventory Reduction 77

Inventory Reduction Price Reduction Cost Reduction Strategies Material Savings 77

Supply Chain Matters

JANUARY 30, 2024

Supply Chain Matters highlights added reports of headcount reductions occurring across various supply chain industry services sectors. According to today’s reporting by The Wall Street Journal (Paid Subscription), the cuts will be primarily targeted at management staff along with contract workers.

Price Reduction 59

Price Reduction Cost Reduction Strategies Logistics Network Optimization Software Supply Chain Planning Software 59

Freightos

DECEMBER 20, 2022

From lockdown-induced purchasing highs, soaring logistics costs and supply chain snarls to waning demand, soaring inflation, and fears of recession – there has never been a dull moment. . The role logistics costs have played in increased or decreasing inflation is now more relevant than ever. . This deserves more exploration.

Purchasing Skills 156

Purchasing Skills Analysis Cost Reduction Strategies Freight 156

GlobalTranz

DECEMBER 2, 2014

Editor’s Note: This is our second post in a two part series about how to get your logistics and transportation practices in order in time for holiday shipping or peak season crunches. We lose valuable transit days with shipments when carriers aren’t moving freight. Truckload Holiday Shipping.

Cost Reduction Strategies 215

Cost Reduction Strategies Price Reduction Vendor Strategies Resource Reduction 215

GlobalTranz

OCTOBER 27, 2020

Multimodal shipping represents how companies can find new value within their supply chains and augment efficiency without dramatically increasing landed costs. While multimodal continues to change in the wake of disruption from the pandemic this year, interest in new shipping strategies has exploded.

Shipping 396

Shipping Cost Reduction Strategies Supply Chain Strategy Transportation Management 396

Supply Chain Game Changer

AUGUST 21, 2022

A solid supply chain and logistics strategy is essential for large companies. A global chemical manufacturer recently had to replace ships that transported bulk materials to ports. Using a logistics-oriented strategy helps companies better understand their suppliers, improve customer service, and optimize shipping.

Inventory Reduction 104

Inventory Reduction Price Reduction Cost Reduction Strategies Material Savings 104

ShipBob

MARCH 4, 2024

But fast shipping times aren’t the only hurdle modern-day ecommerce businesses have to overcome. Other aspects such as streamlined returns , affordable shipping costs, and overall brand trust are equally crucial in creating a positive customer experience. So, what are ecommerce businesses doing to address these challenges?

Inventory Reduction 52

Inventory Reduction Price Reduction Cost Reduction Strategies Distribution 52

Freightos

FEBRUARY 28, 2024

Most recently, the recent disruptions in the Red Sea that saw ocean freight rates from China to Europe by over 190% and saw transit times lengthen, sea-air services offered a strategic advantage for logistics professionals able to remain agile, by watching trends and jumping at opportunities to ensure a resilient supply chain.

Los Angeles 156

Los Angeles Negotiating Skills Cost Reduction Strategies Price Reduction 156

The Logistics & Supply Chain Management Society

AUGUST 14, 2023

Ocean Risk Management part 2: Navigating Global Shipping Alliance The shipping industry continues to evolve. While GSAs can provide benefits such as cost savings and increased efficiency, they also introduce new risks and challenges for shippers. How alliances in the shipping industry might impact shippers?

Risk Management 130

Risk Management Negotiating Skills Vendor Strategies Resource Reduction 130

Freight Center

MARCH 16, 2021

Nowadays, it’s difficult to tell if your shipping strategy is working for you or against you. With consumer behaviors changing rapidly, it’s more important than ever to continually revise your shipping strategy. Is your shipping strategy costing you customers?

Cost Reduction Strategies 68

Cost Reduction Strategies Price Mitigation Strategies Supply Chain Strategy Shipping 68

Logistics Viewpoints

MARCH 15, 2024

A prolonged drought has led the canal’s operator to cut the number of crossings, resulting in longer waits. The tolls that ships pay are now around eight times more expensive than normal. One source said that the strategy could be announced Tuesday. On its best days, Pyxis Ocean could cut that down by 37 percent.

Expense Reduction 230

Expense Reduction Cost Reduction Strategies Price Reduction Negotiating Skills 230

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.

Resource Reduction 182

Resource Reduction Cost Reduction Strategies Price Reduction Supply Chain Strategy 182

Logistics Viewpoints

JUNE 6, 2022

A transportation management system (TMS) allows a shipper or carrier to plan the most cost-effective set of shipments that meets service level goals. A TMS can be a great way to save money while lowering costs. Running more efficient routes, with more fully loaded trucks, saves money and reduces emissions.

Cost Reduction Strategies 223

Cost Reduction Strategies Price Reduction Supply Chain Planning Software Transportation 223

Intelligent Audit

DECEMBER 12, 2022

The Inflation Reduction Act, signed in August, is designed to ease rising cost pressures for businesses and consumers. Its main intention is to curb inflation by reducing the federal deficit, lowering prescription drug prices, and investing in domestic energy production while promoting clean energy. gateways for Asian imports.

Cost Reduction Strategies 52

Cost Reduction Strategies Price Reduction Inventory Reduction Negotiating Skills 52

Logistics Viewpoints

MARCH 30, 2023

In this article, we will discuss why benchmarking is so important, how it works, and how you can use it to maximize your efficiency when shipping goods. This allows shippers to gain insight into how their supply chain compares to others in terms of cost-efficiency, speed, and reliability. What is Benchmarking?

Benchmarking 191

Benchmarking Supply Chain Design Software Analytics Software Supply Chain Software 191

E2open

JANUARY 19, 2023

Latest report highlights how lessened demand for goods from Asia has continued to reduce port congestion, resulting in an average eight-day decrease in total time from booking to receipt compared to the year-ago period. Companies can use this data to make informed decisions on when to book ocean freight.

Logistics Network Optimization Software 148

Logistics Network Optimization Software Supply Chain Network Software Predictive Analytics Software Demand Planning Software 148

GlobalTranz

SEPTEMBER 4, 2018

Hello and welcome back to another episode of “The Freight Project Podcast!” On today’s Podcast episode Cerasis welcomes Bob Malley, CEO of Pierbridge , a company offering enterprise shipping technology aiding logistics entities & shippers in managing parcel shipping more effectively to meet the challenges of omnichannel shipping.

Optimization Software 197

Optimization Software Cost Reduction Strategies Analytics Software Resource Reduction 197

Freightos

DECEMBER 2, 2021

You might not think about shipping containers and ocean freight when you click “buy” on your Amazon order, but there’s a direct connection between the two. Starting in July 2020, the impact of this trend became obvious when ocean freight prices shot up, and have continued rising. What’s changed in a year?

Price Reduction 177

Price Reduction Cost Reduction Strategies Freight Supply Chain Disruption 177

Freightos

JANUARY 15, 2024

The implication for global freight beyond the now typical uncertainty is predictably elevated operational costs and soaring freight rates. The decrease in logistics costs led 35% of importers to lower their product prices, possibly contributing to the easing of inflation rates.

Negotiating Skills 294

Negotiating Skills Optimal Sourcing Price Reduction Cost Reduction Strategies 294

The Logistics of Logistics

JUNE 21, 2023

Lionel van der Walt and Joe Lynch discuss revolutionizing freight forwarding using tech, which is exactly what Raft.ai Lionel holds an MBA in Strategy and General Management from Milpark Business School in South Africa and has also qualified as an Air Traffic Controller and Aircraft Maintenance Technician.

South Africa 208

South Africa Freight Logistics Network Optimization Software San Francisco 208

Logistics Viewpoints

APRIL 25, 2024

Yards are a choke point between transportation and warehousing — and wherever you have choke points, you have a higher risk of inefficiencies that drive up labor costs, detention fees and delivery commitments. Some have automated, gateless check-in; some direct the drivers to check in with the shipping office. They aren’t.

Expense Reduction 224

Expense Reduction Cost Reduction Strategies Supply Chain Design Software Inventory Reduction 224

The Logistics of Logistics

APRIL 21, 2023

Joe Lynch and Chris Pickett discuss what’s next for the freight market. Chris is the Chief Operating Officer at Flock Freight , a technology company that is on a mission to solve the US trucking industry’s wasted capacity problem. in Industrial & Systems Engineering from Virginia Tech, an M.Eng.

Logistics Network Optimization Software 197

Logistics Network Optimization Software Forecasting Software Freight Network Design Software 197

The Logistics of Logistics

APRIL 6, 2022

The Flock Freight Story with Oren Zaslansky. Oren Zaslansky and Joe Lynch discuss the Flock Freight story. Oren is the Founder and CEO of Flock Freight , a Certified B Corporation that’s been reinventing freight shipping since 2015. About Flock Freight. Key Takeaways: The Flock Freight Story.

Freight 213

Freight Waste Reduction Expense Reduction Logistics Network Optimization Software 213

GlobalTranz

APRIL 13, 2017

Fortunately, today’s logistics technology has the power to execute a winning inbound freight strategy and maintain compliance in the following ways. Using Logistics Technology to Execute a Winning Inbound Freight Strategy & Have Compliant Vendors.

Vendor Strategies 123

Vendor Strategies Cost Reduction Strategies Expense Reduction Material Savings 123

The Logistics & Supply Chain Management Society

OCTOBER 15, 2023

The Approach to Effective Freight Procurement by LSCMS Shippers’ Council Container shipping procurement faces a multitude of challenges shaped by global events, industry shifts, environmental mandates, and technological advancements. At the heart of it all, an effective procurement strategy remains paramount.

Optimal Sourcing 130

Optimal Sourcing Procurement Sourcing Strategies Freight 130

4WL Consulting

MAY 5, 2015

Sometimes I think I’m Going Crazy Shipping freight is critical to your business and you should not be surprised that freight and logistics costs could be one of the largest expenses for your business, as they are for most companies.

Cost Reduction Strategies 100

Cost Reduction Strategies Expense Reduction Resource Reduction Freight 100

GlobalTranz

SEPTEMBER 15, 2017

Editor's Note: Today's blog is from Cindy Banker with ProCorr Display and Packaging who is bringing us some great insight on how to reduce product damage. If you are a product manufacturer, you know all too well the perils of shipping products from your factory or warehouse to a DC or retailer. Inside the Box.

Material Savings 201

Material Savings Cost Reduction Strategies Resource Reduction Shipping 201

GlobalTranz

SEPTEMBER 26, 2018

According to Logistics Management, more parcel carriers are moving heavier parcel shipments to less-than-truckload freight in e-commerce because they’re overwhelmed. This creates a wonderful opportunity for shippers to eliminate the middleman costs by considering the use of less-than-truckload freight options for e-commerce.

Shipping 168

Shipping Cost Reduction Strategies Expense Reduction Resource Reduction 168

GlobalTranz

JANUARY 3, 2018

A shipping capacity crunch is a necessary evil. Unfortunately, a shipping capacity crunch tends to occur during already stressed periods, like winter, after tropical storms and during peak shopping seasons. 3PLs Bring Better Freight Shipping Rates During Shipping Capacity Crunch Hikes.

Expense Reduction 182

Expense Reduction Resource Reduction Cost Reduction Strategies Capacity 182

The Logistics of Logistics

SEPTEMBER 12, 2022

Nathan Strang and Joe Lynch discuss the challenging shipping environment and why shippers need an ocean freight survival guide. In his role Nathan utilizes Flexport’s global logistics performance data to define short and long term ocean operations strategies that optimize carrier and port performance. About Nathan Strang.

Supply Chain Planning Software 200

Supply Chain Planning Software Freight San Diego Optimization Software 200

GlobalTranz

NOVEMBER 17, 2021

The long and unpredictable peak shipping season continues to challenge supply chains. A 2021 Peak Shipping Season survey conducted by Edelman Intelligence found hiring to be a strong concern among supply chain decision makers with 90% having a strong need to increase hiring to account for peak season and beyond. Higher freight volumes.

Shipping 232

Shipping Cost Reduction Strategies Industrial Industry 232

GlobalTranz

DECEMBER 9, 2015

Editor's Note: This is our second post in a two part series about how to get your logistics and transportation practices in order in time for holiday shipping or peak season crunches. We lose valuable transit days with shipments when carriers aren’t moving freight. Truckload Holiday Shipping.

Cost Reduction Strategies 120

Cost Reduction Strategies Price Reduction Vendor Strategies Resource Reduction 120