The Logistics & Supply Chain Management Society

AUGUST 19, 2022

Restructuring Global Value Chains & Tariff Reduction – A Continuous Evolution for Supply Chains. This article was originally written and published for DHL in January 2020 and focused on the trade wars and how to leverage opportunities for tariff reductions. Product strategies. without being subject to tariffs.

Cost Reduction Strategies 245

Cost Reduction Strategies Material Savings Inventory Reduction Vendor Strategies 245

SCMDOJO

MARCH 8, 2024

In this blog, we’ll explore some key inventory optimization strategies that can benefit businesses of all sizes and industries. Top 5 Inventory Optimization Strategies Explained Managing inventory efficiently is vital for any business.

Inventory Reduction 79

Inventory Reduction Optimal Sourcing Resource Reduction Cost Reduction Strategies 79

GlobalTranz

OCTOBER 2, 2017

Shippers need to reevaluate their existing last mile logistics processes and devise an effective last mile logistics strategy that aligns consumer and business expectation. In fact, an effective last mile logistics strategy must consider these nine key points. Planning Is Essential To Have an Effective Last Mile Logistics Strategy.

Inventory Reduction 363

Inventory Reduction Cost Reduction Strategies Logistics Network Optimization Software Supply Chain Strategy 363

Logility

MAY 17, 2023

The urgent need for supply chain resiliency is increasing interest in onshoring, reshoring, and nearshoring strategies. Yet, their search is more than a matter of finding low-cost alternatives. However, such changes are not immune to tradeoffs that may increase your costs in other business areas.

Vendor Strategies 171

Vendor Strategies Cost Reduction Strategies Price Reduction Inventory Reduction 171

GlobalTranz

APRIL 24, 2020

Many retailers have implemented buy online, pick up in store (BOPIS) strategies without realizing it. The post As Retailers Eye Last-Mile Strategies, They Launch BOPIS to Neutralize Costs appeared first on Transportation Management Company | Cerasis.

Cost Reduction Strategies 182

Cost Reduction Strategies Supply Chain Strategy Strategy Price Mitigation Strategies 182

GlobalTranz

JANUARY 16, 2019

But, with a well-planned strategy, you too can reduce expenses in your workplace. Still, some losses are a predictable expense and you can’t entirely eliminate them. Reduce Labor Costs Most of your operating budget will go towards labor. Either you reduce pay or find a way to increase work efficiency.

Cost Reduction Strategies 226

Cost Reduction Strategies Expense Reduction Waste Reduction Vendor Strategies 226

Freight Plus

MAY 25, 2023

Whether you work in manufacturing, distribution, or retail, understanding dwell time is crucial for optimizing your supply chain efficiency and reducing costs. We also outline the ways it can impact your transportation costs and ten strategies […] The post 10 Strategies for Reducing Dwell Time appeared first on FreightPlus.

Cost Reduction Strategies 52

Cost Reduction Strategies Price Mitigation Strategies Supply Chain Strategy Strategy 52

OptiProERP

SEPTEMBER 22, 2022

Saving on operational costs is one of the biggest goals for manufacturing companies. Most manufacturers look to streamline systems, reduce production costs, and increase profitability without sacrificing product quality. Understanding the Manufacturing Cost. Direct labor cost – front-line worker wages.

Cost Reduction Strategies 52

Cost Reduction Strategies Waste Reduction Expense Reduction Vendor Strategies 52

SCMDOJO

APRIL 22, 2024

Delays Delays happen when ships are involved, or even when a vehicle transport company is involved like A1 Auto Transport. The better relationship you have with your partners, the more information you can have in reducing any supply chain disruptions. For smaller businesses, this however is not going to be possible.

Inventory Reduction 77

Inventory Reduction Price Reduction Cost Reduction Strategies Material Savings 77

Talking Logistics

OCTOBER 27, 2016

The USA says it intends to reduce emissions by 26-28 percent below its 2005 level by 2025 , trying hard for the upper limit. Outside of the Paris Agreement, the European Union (EU) has a goal of reducing greenhouse gas emissions from transport by around 60 percent below 1990 levels by 2050. Corporate Responsibility.

Cost Reduction Strategies 100

Cost Reduction Strategies Material Savings Modeling Software Sourcing Strategies 100

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

Locus

JANUARY 10, 2024

We’ll look at four strategies to optimize shelf replenishment, reducing stockouts, improving inventory management, cutting waste, and boosting productivity. This delicate balance aims to achieve two vital objectives: maximizing sales while minimizing costs. This equates to more profits in the pocket.

Inventory Reduction 52

Inventory Reduction Cost Reduction Strategies Resource Reduction Waste Reduction 52

RFgen

MAY 10, 2023

The ability to control costs is critical for effective inventory management. Greater efficiency helps reduce costs and improve profit margins, giving you the edge over competitors. But how do you reduce inventory costs and maximize profit margins? Cutting Costs: Strategies for Reducing Inventory Costs 1.

Inventory Reduction 52

Inventory Reduction Cost Reduction Strategies Price Reduction Vendor Strategies 52

Logistics Viewpoints

FEBRUARY 20, 2020

The biggest constant in transportation today is changing. These changes impact shipping lanes, volumes, cost, driver satisfaction, turn over – all of the things that naturally […]. The post Strategies, Tips, and Pitfalls of Modern Transportation Procurement appeared first on Logistics Viewpoints.

Cost Reduction Strategies 143

Cost Reduction Strategies Optimal Sourcing Price Mitigation Strategies Supply Chain Strategy 143

Locus

NOVEMBER 28, 2023

Better product handling should be done to reduce this issue. The Cost of Returns: Returns will cost companies monetarily and brand value. High operational costs: Returns necessitate additional operational processes which incur costs. More time on the road means more fuel consumption, leading to increased costs.

Cost Reduction Strategies 52

Cost Reduction Strategies Inventory Reduction Price Mitigation Strategies Reverse Logistics 52

SCMDOJO

DECEMBER 14, 2023

Delivery Lead Time: In the downstream supply chain, delivery lead time represents the time from order receipt to product delivery, including activities such as packing and transportation. Reduced Inventory Levels : Shorter lead times enable businesses to maintain lower inventory levels.

Inventory Reduction 75

Inventory Reduction Vendor Strategies Waste Reduction Cost Reduction Strategies 75

GlobalTranz

MAY 14, 2018

Shippers must recognize the importance of parcel in today’s age, as explained by Harold Friedman of Inbound Logistics , and enhance parcel cost control with these steps. Knocking accessorial charges out of the equation lowers total transportation costs. DOWNLOAD WHITEPAPER. NEW WHITEPAPER.

Cost Reduction Strategies 120

Cost Reduction Strategies Material Savings Negotiating Skills Transportation 120

Logistics Viewpoints

OCTOBER 30, 2023

A network design solution operates by looking at the Total Cost to Serve (TCTS) across a range of fixed and marginal costs. Scenarios are run, and the low-cost network that best meets customer service objectives is selected. These were the easy savings. They came without any changes to the DC network or the 3PL contracts.

Vendor Strategies 230

Vendor Strategies Cost Reduction Strategies Modeling Inventory Reduction 230

GlobalTranz

AUGUST 16, 2019

Many retailers have implemented buy online, pick up in store (BOPIS) strategies without realizing it. The post As Retailers Eye Final Mile Strategies, They Launch BOPIS to Neutralize Costs appeared first on Transportation Management Company | Cerasis.

Cost Reduction Strategies 153

Cost Reduction Strategies Supply Chain Strategy Strategy Price Mitigation Strategies 153

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. All rights reserved.

Price Reduction 59

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

Talking Logistics

JANUARY 16, 2020

Truckload rates and capacity should not create concerns for shippers managing a proper procurement strategy during the first half of 2020. However, pending legislation and rising fuel costs, as well as unpredictable economic and climate trends create challenges to a shippers’ ability to control cost.

Cost Reduction Strategies 144

Cost Reduction Strategies Supply Chain Strategy Strategy Price Mitigation Strategies 144

Supply Chain Matters

JULY 15, 2022

This week, the company announced a reversal in manufacturing and supply chain strategy, as well as a major turnabout. Supply chain strategy, process, talent and enabling technologies each play important roles. Sourcing was both a cost as well as landed cost decision factor. Timing was a further crucial factor.

Sourcing Strategies 105

Sourcing Strategies Cost Reduction Strategies Expense Reduction Inventory Reduction 105

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

DELMIA Quintiq

DECEMBER 9, 2020

Through our strategic brands Trane® and Thermo King® and our extended portfolio of environmentally responsible products and services, we bring efficient and sustainable climate solutions to buildings, homes, and transportation. Our world is dealing with unprecedented challenges. Focus on KPIs.

Waste Reduction 317

Waste Reduction Cost Reduction Strategies Supply Chain Design Software Resource Reduction 317

Logility

JULY 13, 2023

3PL Selection—don’t let your people be penny wise and pound foolish Are you looking at the big picture when you select a 3PL — do they fit with your supply chain strategy? Supply chain organizations often find themselves comparing price differences of 1–2% in service offerings, and they are missing the opportunity to save 5–15% in real costs.

Price Reduction 131

Price Reduction Cost Reduction Strategies Supply Chain Strategy 3PL 131

GlobalTranz

DECEMBER 11, 2018

This will require an LTL and e-commerce focused shipping strategy. Shippers need to know the benefits of combined strategy and a few best practices to develop a winning LTL and e-commerce plan. Reduced paperwork errors. Increased accuracy in freight quoting, reducing accessorial or after-the-fact fees. Download Here.

Price Reduction 137

Price Reduction Waste Reduction Cost Reduction Strategies Supply Chain Strategy 137

SCMDOJO

FEBRUARY 20, 2023

To get ahead in today’s competitive marketplace, distributors must remain on the cutting edge of innovation and stay up-to-date on new developments. Therefore, evaluating performance and creating a comprehensive digitalization strategy are essential for a distributor’s success.

Inventory Reduction 101

Inventory Reduction Cost Reduction Strategies Resource Reduction Supply Chain Planning Software 101

SCMDOJO

AUGUST 4, 2023

If so, then it’s time to consider the numerous benefits of reducing inventory. In this article, we’ll explore seven compelling reasons why you should reduce inventory and how it can be a game-changer for your business. In some cases, inventory levels can see an increase to save costs, increase profit, and more.

Inventory Reduction 90

Inventory Reduction Material Savings Cost Reduction Strategies Waste Reduction 90

Unleashed

DECEMBER 21, 2023

Without the right inventory management solutions in place, it’s almost impossible to maintain optimal stock levels, minimise costs, and improve overall efficiency – all of which are essential to ongoing business success. According to Zebra’s Retail Vision Study , reducing stock-outs and overstocks can lower inventory costs by 10%.

Inventory Reduction 52

Inventory Reduction Inventory Management Software Vendor Strategies Cost Reduction Strategies 52

The Logistics of Logistics

MARCH 26, 2021

Developing a Distribution Strategy with Matt McGregor. Joe Lynch and Matt McGregor discuss developing a distribution strategy. Distribution strategy is one of the areas of focus for Matt and the Colliers Real Estate team. Additionally, Matt has earned a Logistics and Transportation certificate from Georgia Tech.

Cost Reduction Strategies 130

Cost Reduction Strategies Negotiating Skills Supply Chain Strategy Real Estate 130

Intelligent Audit

MARCH 18, 2021

Many businesses have integrated these impactful tools to meet the demand for change in the transportation market. And since transportation costs continue to rise, 11.4% The benefits of reducing costs and saving time are always a plus, but the ability to automate and streamline specific processes has changed the entire game.

Cost Reduction Strategies 52

Cost Reduction Strategies Waste Reduction Supply Chain Software Optimization Software 52

ivalua

FEBRUARY 11, 2021

What are Green Supply Chain Strategies? Everlane does this by showing the cost breakdown of the goods that it offers through its website and so you can see the costs of materials, labour and transport for it best selling court sneakers. How can large companies address sustainable Supply Chain strategies?

Material Savings 189

Material Savings Cost Reduction Strategies Sourcing Strategies Supply Chain Strategy 189

Locus

JUNE 16, 2023

Customer satisfaction and keeping costs in check rests on optimal last-mile delivery operations. Naturally, the costs of meeting such expectations, especially on the delivery front are also increasing. The biggest challenge that logistics providers face is rising last-mile carrier delivery costs. These include: 1.

Cost Reduction Strategies 98

Cost Reduction Strategies Expense Reduction Price Reduction Inventory Reduction 98

Supply Chain Game Changer

NOVEMBER 14, 2018

Certainly we should all reduce, reuse and recycle and it applies everywhere! As such we have the direct or indirect ability to take actions which can promote environmental sustainability, reduce carbon footprint impacts, and drive the creation of the Green Supply Chain. Supply Chain Carbon Footprint Reduction.

Waste Reduction 59

Waste Reduction Material Savings Resource Reduction Cost Reduction Strategies 59