Logistics Viewpoints

AUGUST 25, 2021

A TMS offers optimization capabilities across multiple modes to improve service levels and reduce freight spend. Below are some transportation strategies for success for suppliers of TMS, TES, and MTS. The last mile is the most difficult and most expensive part of the supply chain journey. Look to the Cloud. Invest in Last Mile.

Price Reduction 291

Price Reduction Cost Reduction Strategies Expense Reduction Price Mitigation Strategies 291

Logistics Viewpoints

MARCH 3, 2022

Logistics strategy as an enabler of new business models. They promoted logistics to the level of core process and enabler of new business models and now view a thought-through logistics strategy as an opportunity to stand out by offering a better service level to their customers, such as same-day delivery. Automation as key for growth.

Expense Reduction 348

Expense Reduction Logistics Network Optimization Software Supply Chain Design Software Supply Chain Network Software 348

The Logistics & Supply Chain Management Society

APRIL 15, 2021

This unlocks enormous value as you eliminate time lags, lower costs, and slash inventory buffers across the network. This strategy enables companies to achieve four critical objectives: Unlock value trapped in the supply network that is due to poor data quality and communication. Reducing premium transportation by 50%.

Inventory Reduction 259

Inventory Reduction Cost Reduction Strategies Expense Reduction Supply Chain Planning Software 259

ToolsGroup

OCTOBER 14, 2024

Spare parts supply chains, however, come with their own set of complexities, requiring targeted strategies and specialized tools to meet these unique demands effectively. This optimal inventory positioning leads to increased customer satisfaction, reduced downtime for clients, and improved brand reputation.

Inventory Reduction 156

Inventory Reduction Negotiating Skills Optimal Sourcing Cost Reduction Strategies 156

Precoro

DECEMBER 24, 2024

Read on to explore key AI use cases in procurement, the challenges businesses face, strategies to overcome them, and the exciting opportunities AI brings for the future. This gives them advance warning so they can adjust their purchasing strategies. Here are the topics we’ll cover at a glance : What is AI in procurement?

Price Reduction 91

Price Reduction Sourcing Strategies Cost Reduction Strategies Expense Reduction 91

Logistics Viewpoints

NOVEMBER 19, 2024

The onus is on ecommerce retailers to control the controllables, and focusing on eliminating uncertainty from the consumer fulfillment process and optimizing the last mile is a smart approach. By mapping customer delivery personas to the delivery choices they offer, retailers can improve fulfillment certainty to protect margins.

Resource Reduction 205

Resource Reduction Price Reduction Cost Reduction Strategies Vendor Strategies 205

RFgen

DECEMBER 4, 2024

In the automotive sector, manufacturers are simultaneously reducing inventory costs and delivery times. Additionally, we’ll discuss best practices for optimization and strategies for balancing efficiency with resilience. Technology integration: Leveraging digital tools to enhance visibility and decision-making.

Sourcing Strategies 92

Sourcing Strategies Inventory Reduction Waste Reduction Expense Reduction 92

Precoro

NOVEMBER 11, 2024

These benefits aren’t just about lower prices; they’re also about reducing transportation and inventory costs, which can really add up over time. Overhead expense reduction A centralized purchasing system significantly reduces unnecessary overhead costs that tend to pile up when each department operates in isolation.

Pricing Training 93

Pricing Training Expense Reduction Price Reduction Purchasing Training 93

GlobalTranz

FEBRUARY 25, 2021

How often do you think about your retail reverse logistics strategy? Instead of being relegated to the margins, executives must rethink their strategy and consider how a data-driven reverse supply chain can add more value and improve profit margins. The Benefits of a Data-Driven Retail Reverse Logistics Strategy.

Reverse Logistics 253

Reverse Logistics Expense Reduction Inventory Reduction Supply Chain Strategy 253

Supply Chain Shaman

FEBRUARY 4, 2025

Functional Metrics and the Lack of Alignment to Strategy. Few companies are clear on the number of supply chains they operate, design the rhythms and cycles of each, and align metrics to the strategy. Most focus on cost reduction, assuming that functional cost translates to operating margin. Clarity on Value. Guess what?

Supply Chain Design Software 221

Supply Chain Design Software Price Reduction Cost Reduction Strategies Supply Chain Planning Software 221

Logistics Viewpoints

FEBRUARY 20, 2024

That strategy can lead to thousands of scenarios, and still no number of scenarios will answer all questions. Another strategy is to dedicate resources and build the best algorithm for demand forecasting. While this sourcing strategy is the most cost-effective one, the business might not want to operate like that.

Sourcing Strategies 290

Sourcing Strategies Supply Chain Design Software Modeling Inventory Reduction 290

RFgen

DECEMBER 19, 2024

Production, technology, and organizational structure should all support the overall scaling strategy. Digital Transformation and Automation Solutions Technology and automation streamline manufacturing processes, enhancing operational efficiency and quality management, reducing manual labor, and significantly improving overall productivity.

Material Savings 82

Material Savings Sourcing Strategies Resource Reduction Inventory Reduction 82

Arena Solutions

NOVEMBER 21, 2024

To achieve greater product differentiation and reduce expenses, companies are outsourcing design and development work to contract manufacturers (CMs) and other domain experts. Historically, manufacturers would offshore their operations to reduce labor costs; however, times have changed.

Material Savings 72

Material Savings Expense Reduction Sourcing Strategies Cost Reduction Strategies 72

RFgen

DECEMBER 19, 2024

In this comprehensive guide, we’ll explore the key elements of warehouse optimization and provide actionable strategies you can implement today. An in-depth look at the tangible benefits, from cost reduction to increased customer satisfaction. Process Improvement: Streamlining workflows to eliminate redundancies and bottlenecks.

Optimal Sourcing 95

Optimal Sourcing Optimization Software Waste Reduction Inventory Reduction 95

Supply Chain Shaman

MAY 13, 2024

One of my favorite stories was his initiative to reduce the number of cuts of carrots in soups from 33 to three. Good complexity drives growth while bad complexity drags expense without improving growth. A good leader knows that cost reductions in the back office does not necessarily improve margins.

S&OP 348

S&OP Supply and Demand Inventory Reduction Expense Reduction 348

SYSPRO Smarter ERP

MARCH 17, 2025

An ERP strategy to optimize the potential of the innovations on offer is critical for manufacturers across the globe. The following five evolving tech trends will inform manufacturers ERP strategies in 2025. IoT sensors also enable predictive maintenance, thereby extending the lifetime of machines and reducing downtime.

Waste Reduction 52

Waste Reduction Expense Reduction Resource Reduction Material Savings 52

Logistics Viewpoints

JUNE 14, 2022

At Logistics Viewpoints, we have written about how companies are looking to reduce carbon emissions, especially when it comes to transportation. As the world’s largest retailer, with a world-class transportation network, we have the ability to make a meaningful difference when it comes to reducing greenhouse gas emissions.

Waste Reduction 270

Waste Reduction Expense Reduction Price Reduction Cost Reduction Strategies 270

Logistics Viewpoints

JANUARY 31, 2022

It increases site productivity, reduces the usage of raw materials by up to 50%, but also leads to a more comfortable building. However, their carbon reduction goals for their value chain operations for 2030 will not be changed. However, their carbon reduction goals for their value chain operations for 2030 will not be changed.

Material Savings 263

Material Savings Cost Reduction Strategies Price Reduction Expense Reduction 263

Logistics Viewpoints

APRIL 6, 2023

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 costs associated with purchasing these items hit the “operational expenses” components of the company’s financial statements.

Optimal Sourcing 246

Optimal Sourcing Sourcing Strategies Manufacturing Procurement Material Savings 246

Logistics Viewpoints

NOVEMBER 16, 2023

This article is from Descartes Systems Group and looks at how companies can reduce lead times with real-time data. Additionally, a longer lead time reduce a company’s agility, or resilience, to adapt to demand fluctuations, or other disruptions that may occur. How can you better manage lead time? To read the full article, click HERE.

Real-time Visibility 285

Real-time Visibility Material Savings Inventory Reduction Vendor Strategies 285

ivalua

MAY 30, 2023

Ivalua Spend Management Insights [ivory-search] 3 Powerful Ways Procurement will Drive the 2030 Saudi Vision Transformation May 30, 2023 | | Procurement Strategy by Sara Omer What is the Saudi Vision 2030 Program? This improves living standards, reduces poverty levels, and can provide stable economic growth to the surrounding community.

Manufacturing Procurement 49

Manufacturing Procurement Procurement Solutions Resource Reduction Price Reduction 49

Supply Chain Shaman

DECEMBER 27, 2022

In a recent research project, we found that 2/3 of companies had a digital supply chain transformation strategy; however, those that were evolving their strategy performed better during the early months of the pandemic than those that were “clear” on the project plan for a digital transformation. I know, a head-scratcher.

Supply Chain Software 404

Supply Chain Software Supply Chain Planning Software Supply Chain Design Software Inventory Reduction 404

Logistics Viewpoints

JUNE 29, 2023

Configure to Order: This strategy involves customizing standard products based on customer specifications. Here is a summary of the key supply chain characteristics of each of the manufacturing strategy and how it impacts collaboration with suppliers.

Manufacturing Procurement 256

Manufacturing Procurement Procurement Analytics Material Savings Inventory Reduction 256

Logistics Viewpoints

APRIL 25, 2024

Higher expenses. This past October, the consortium endorsed a universal standard for an API (application programming interface) that eliminates the need for multiple interfaces and allows carriers to interact with just one. The net result? Dissatisfied customers. Bottom line: yards are hard. They aren’t. Yes, yards are hard.

Expense Reduction 295

Expense Reduction Cost Reduction Strategies Supply Chain Design Software Inventory Reduction 295

Logistics Viewpoints

JANUARY 21, 2021

Increased lead time accuracy reduces risks involved in transportation and logistics, improving your overall supply chain. It allows shippers to reduce their operating costs, optimize capital, allocate resources more efficiently, and can lead to higher customer satisfaction, increased revenues, and even improve their competitive advantage.

Predictive Analytics Software 363

Predictive Analytics Software Logistics Network Optimization Software Modeling Inventory Reduction 363

DELMIA Quintiq

AUGUST 4, 2020

Additive Manufacturing is accelerating the development phase and reducing time to market. With lead times shrinking and increasing needs to reduce cost this becomes an essential capability that all aerospace companies should be adopting. What are the benefits? Realizing the value.

Aerospace 296

Aerospace Material Savings Expense Reduction Cost Reduction Strategies 296

ToolsGroup

MAY 11, 2021

However, few fully integrate their SCP strategies into their strategic planning. Marketing Plan: documents your strategy for attracting and retaining customers and developing new products and services. Likewise, by limiting or eliminating out-of-stock inventories, SCP allows companies to maximize sales. Customer Analysis.

Supply Chain Planning Software 296

Supply Chain Planning Software Supply Chain Planning Supply Chain Optimization Modeling 296

ThroughPut

OCTOBER 10, 2024

As businesses globally focus on reducing lost productivity, costly downtime, and rising inventory expenses, effective spare parts management has become a top priority—especially for asset-intensive industries. This balance ensures that spare parts are always available for critical needs while reducing unnecessary inventory costs.

Inventory Reduction 52

Inventory Reduction Waste Reduction Supply Chain Planning Software Cost Reduction Strategies 52

Logistics Viewpoints

MARCH 21, 2024

The challenges brought about by the pandemic made many rethink strategy when it came to inventory, stock on hand, secondary options and the ability to guarantee supply and resiliency. Self-distribution can be more expensive than relying on third party distributors due to the need for additional staff, equipment, and technology investments.

Prescriptive Analytics Software 282

Prescriptive Analytics Software Supply Chain Planning Software Optimization Software Analytics Software 282

Logistics Viewpoints

NOVEMBER 22, 2022

Trucking companies need to manage many layers of safety and compliance, and while insurance is just one of them, it’s also among the most important and expensive. So, in an era of escalating costs, carriers need to always be on the lookout for ways to cut costs while maintaining proper and sufficient coverage.

Cost Reduction Strategies 270

Cost Reduction Strategies Expense Reduction Company Policies 270

RFgen

NOVEMBER 13, 2024

This system offers several advantages over traditional methods: Real-time data access: Instantly view accurate stock information, eliminating manual updates and ensuring all users have the latest data. By utilizing mobile inventory management, businesses can make informed decisions, reduce errors, and improve overall efficiency.

Inventory Management Software 92

Inventory Management Software Real-time Visibility Inventory Reduction Inventory Management 92