GlobalTranz

FEBRUARY 16, 2016

This is the first of a two-part series where I will curate and cull information from my 4 decades of experience in logistics cost reduction at various positions in the supply chain. In this first part, I will focus on 6 places that you can apply to your organization to reduce costs and increase profit. Focus on Labor Costs.

Cost Reduction Strategies 120

Cost Reduction Strategies Inventory Reduction Vendor Strategies Material Savings 120

The Logistics of Logistics

JANUARY 26, 2016

The warehouse is one of the most important links of the supply chain. It’s crucial to optimize warehouse management operations in order to compete with other businesses. The better you can quantify warehouse functions, the more you can increase output and improve the bottom line. Accuracy of Inventory Records.

Warehousing 100

Warehousing KPI Inventory Reduction Cost Reduction Strategies 100

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.

Supply Chain Planning Software 96

Supply Chain Planning Software Supply Chain Design Software Negotiating Skills Buyer Training 96

CH Robinson Transportfolio

JUNE 9, 2022

In your personal life, you can use a variety of devices to make purchases—from your phone to your smart TV, it’s all possible within whatever device you’re using. In fact, today you can procure freight rates from your transportation providers right in your TMS. Cost savings in loose markets. Specialized project freight.

Supply Chain Planning Software 70

Supply Chain Planning Software Demand Planning Software Analytics Software Optimization Software 70

Supply Chain View from the Field

DECEMBER 16, 2013

I’ve had the good fortune to be presented with opportunities for compelling discussions with a significant group of leading thinkers, senior executives in procurement, logistics, and technology management over this past year. Not surprisingly, analytics is at the top of the list.

Predictive Analytics 117

Predictive Analytics Analytics Software Procurement Analytics Supply Chain Design Software 117

Supply Chain Game Changer

SEPTEMBER 23, 2022

According to PrecisionWarehouseDesign.com , effective warehousing enables products to arrive to the consumers in the best possible state. On the other hand, inefficient distribution centers are prone to inventory inaccuracy and poor warehouse layout. Change Distribution Center Layout. Regularly Monitor Inventory.

Inventory Reduction 52

Inventory Reduction Waste Reduction Expense Reduction Cost Reduction Strategies 52

Logistics Viewpoints

DECEMBER 16, 2022

Forecasts call for freight rate slumps in 2023. The legislation would give the Treasury Department’s Federal Financing Bank $20 billion to be invested over the course of 10 years to take action on the recommendations using loan guarantees, issuing securities-backed financing or purchasing debt. Amazon’s plan to kill the barcode.

Logistics Network Optimization Software 199

Logistics Network Optimization Software Costa Rica Logistics Forecasting 199

Unleashed

OCTOBER 4, 2023

The order fulfilment process covers every step required to get goods to the people who purchase them, from the moment a customer places an order to when they receive their purchase. This can include freight forwarding and documentation management. This leads to cost savings and improves overall operational efficiency.

Inventory Reduction 52

Inventory Reduction Sourcing Strategies Resource Reduction Cost Reduction Strategies 52

Enterra Insights

MAY 3, 2018

Consumers now take the digital path to purchase more often than not; but, they don’t care what retailers call their shopping journey or what strategies companies use to make the shopping journey a seamless one. ” Once a consumer completes his or her digital path to purchase (i.e., warehouses) being built across the U.S.

Omnichannel 100

Omnichannel Procurement Analytics Supply Chain Design Software Analytics Software 100

Zipline Logistics

OCTOBER 27, 2020

Shoppers now want to purchase from brands that are congruent with their personal values. Misaligned production, warehousing, and transportation functions are also a large source of supply chain inefficiencies, and they can cost you in wasted resources, time, and money. Finding Freight Consolidation Opportunities.

Vendor Strategies 52

Vendor Strategies Resource Reduction Waste Reduction Cost Reduction Strategies 52

6 River Systems

OCTOBER 14, 2022

Warehousing. If they have many items, these will need to be selected from different zones of the warehouse and placed together in a shipping box. Other items that are heavy or bulky must be shipped via freight , and that requires access to a whole different network of specialists. It involves: Inventory management.

Inventory Reduction 52

Inventory Reduction Cost Reduction Strategies Expense Reduction Material Savings 52

Supply Chain Game Changer

AUGUST 21, 2022

This finished product arrives at the retailer’s main distribution warehouse. It is then unitized or broken down from bulk packaging and shipped to the store or nearby warehouse. In order to measure the efficiency of your supply chain, companies must track certain metrics. Supply Chain 4.0

Inventory Reduction 104

Inventory Reduction Price Reduction Cost Reduction Strategies Material Savings 104

GlobalTranz

JANUARY 23, 2017

The Center for Retail Compliance reports more companies are turning to enhanced operations to reduce transport costs and inefficiencies wherever possible, which include following: Better management systems to reduce overhead, collecting data and identifying unsustainable operations. Load planning reduced redundancies.

Logistics Network Optimization Software 120

Logistics Network Optimization Software Cost Reduction Strategies Waste Reduction Resource Reduction 120

Supply Chain Opz

NOVEMBER 9, 2014

That said, implementing Lean concepts would undoubtedly be part of that strategy, for example, - Lean Warehousing : Many firms (both retailers and manufacturers) are now aggressively rolling out Lean in their warehouse operations. Eliminate Before You Automate : Automation is critical to large, efficient warehouse operations.

Waste Reduction 274

Waste Reduction Cost Reduction Strategies Supply Chain Planning Software Inventory Reduction 274

Enterra Insights

DECEMBER 17, 2018

If consumers ever think about supply chains and how the items they desire manage to find their way into their homes, they likely picture fleets of trucks, trains, airplanes, and cargo ships — the logistics part of supply chains. As modes of transportation improved and supply chains extended, logistics got more complicated and complex.

Innovation 100

Innovation Logistics Network Optimization Software Logistics Analytics Software 100

Talking Logistics

DECEMBER 8, 2017

JDA and SATO Partner to Deliver the Future of Warehouse Management. Fetch Robotics raises $25 million to automate warehouses (VentureBeat). freight trains in federal crosshairs after crashes: GAO (Reuters). As reported by the Wall Street Journal : United Parcel Service Inc. Growing length of U.S.

Logistics Network Optimization Software 0

Logistics Network Optimization Software Purchasing Training Supply Chain Software SAP 0

GlobalTranz

MAY 13, 2015

And on the subject of sustainability, SCDigest.com covered Walmart’s 2015 Sustainability report : Walmart, the world’s largest corporation, is fresh out with its 2015 sustainability report, the eighth such document it has produced. ” Walmart states early on. Decades in the Making.

Gartner 120

Gartner Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 120

Talking Logistics

JUNE 3, 2016

Now, on to this week’s supply chain and logistics news… Wal-Mart says it is 6-9 months from using drones to check warehouse inventory (Reuters). DAT Launches Streamlined TMS for New Freight Brokers. The company demonstrated the use of drones to reporters this week at one of its distribution centers.

Logistics Network Optimization Software 0

Logistics Network Optimization Software Saudi Arabia Logistics Predictive Analytics Software 0

GlobalTranz

OCTOBER 27, 2015

Let's talk about the outputs, or desired metrics worth measuring, in each category of what a logistics company might provide. Cerasis is squarely focused on transportation management through technology and managed services , however, there are logistics companies who offer fulfillment, warehousing, freight forwarding, and more.

Six Sigma 120

Six Sigma Logistics Network Optimization Software KPI Company 120

Logistics Viewpoints

SEPTEMBER 1, 2023

Global trade has eased as warehouse inventories of retailers and manufacturers remain elevated,” Port of Los Angeles Executive Director Gene Seroka said. have seen volumes drop dramatically also because of the slow pace of contract talks between the International Longshore and Warehouse Union and Pacific Maritime Association.

Logistics Network Optimization Software 223

Logistics Network Optimization Software Pricing Training Los Angeles Purchasing Training 223

GlobalTranz

JANUARY 4, 2016

When someone selects an item, the display calculates the most efficient path through the warehouse, guides that person to the package, scans it as ‘picked’ into the Warehouse Management System, and immediately directs the picker to the next closest package. But what does Artificial Intelligence mean in the supply chain?

Supply Chain Design Software 120

Supply Chain Design Software Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Software 120

Logistics Viewpoints

SEPTEMBER 9, 2022

warehouses. Driving training programs overwhelmed by interest. The company touted itself as the “world’s largest corporate purchaser of renewable energy” in last year’s sustainability report that laid out its goal to reach net-zero carbon emissions by 2040. And what a glorious season it is. As of Sept.

Logistics Network Optimization Software 197

Logistics Network Optimization Software Demand Planning Software Supply Chain Network Software Cost Reduction Strategies 197

Enterra Insights

NOVEMBER 6, 2019

The CIO Review staff explains, “Customer experience is defined by interactions between a customer and an organization throughout their business relationship which can include awareness, discovery, cultivation, advocacy, purchases, and service.” He explains, “Lack of visibility is a common obstacle for companies in every industry.

Supply Chain Design Software 100

Supply Chain Design Software Supply Chain Software Supply Chain Design Supply Chain Planning Software 100

Unleashed

OCTOBER 6, 2020

They have likely been better trained in quality assurance and brewery maintenance, able to act with initiative and support the head brewer. Are partner distributors and vendors within acceptable distance to the brewery to avoid freight cost blow out? Then there’s the financial side. Could you seek a zoning exemption?

Cost Reduction Strategies 105

Cost Reduction Strategies Purchasing Skills Inventory Reduction Vendor Strategies 105

ToolsGroup

APRIL 1, 2022

82% of people have concerns that the supply chain will ruin life plans, such as birthdays, vacations, holidays, and the purchasing of necessary items. Thanks to container prices rising as much as 600%, money that could be used for advertising went to freight companies instead. Material Handling & Logistics ). Chain Store Age ).

Material Savings 207

Material Savings Purchasing Skills Supply Chain Planning Software Manufacturing Procurement 207

Talking Logistics

DECEMBER 16, 2015

The Rebirth of Transportation Marketplaces (UberCARGO, Cargomatic, and Freight Friend). As the Wall Street Journal reported recently, “retailers have come under fire for low pay and a practice known as on-call scheduling that changes workers’ hours with little notice [emphasis mine]. TMS for SMB: Breaking Down the Barriers.

Predictive Analytics Software 120

Predictive Analytics Software Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software 120

Unleashed

MAY 19, 2020

Don’t purchase any supply chain solution that is not Cloud or SaaS based. However we don’t recommend small breweries opt for the former, as they limit agility / scalability and add cost, whereas a SaaS solution will more easily scale with your business. Costed Purchase Orders. It’s key to growing a competitive advantage.

Supply Chain Planning Software 98

Supply Chain Planning Software Forecasting Software Inventory Management Software Demand Planning Software 98

6 River Systems

DECEMBER 13, 2019

Optimizing your warehouse means examining every corner of your infrastructure and every facet of your workflows and processes to identify and correct inefficiencies. Not only does warehouse optimization result in a healthier bottom line, but it also improves key warehouse metrics like accurate orders and on-time delivery.

Optimal Sourcing 81

Optimal Sourcing Optimization Software Price Mitigation Strategies Modeling 81

6 River Systems

JUNE 25, 2019

Most warehouses are on an ongoing mission to maximize productivity by optimizing workflows, automating processes and reducing waste (both time and resources). More than 50% of your warehouse labor is in pick and pack, so start there. Invest in quality training processes. “Hiring quality people is just the start.

Sourcing Strategies 56

Sourcing Strategies Optimal Sourcing Warehousing Supply Chain Design Software 56

SupplyPike

MARCH 10, 2020

A lot of dispute claims require bills of lading and proofs of delivery, and you’ll have to check with your warehouse and logistics providers (e.g., Other codes require only key documentation, such as the purchase order, invoice, and proof of delivery (POD). your 3PLs) on how long they keep this documentation. We know you’re swamped.

Supply Chain Planning Software 52

Supply Chain Planning Software Procurement Solutions Just-in-Time Supply Chain Software 52

SCMDOJO

NOVEMBER 2, 2023

Expertise: Sourcing, Supply Chain Analysis, Logistics & Transportation, Logistics Management Consulting, Freight (Maritime, Land, or Air), Logistics Technology Solutions. Matías Guarello Wilhelmy Location: Chile / Remote Rating: 5/5.0 Matias has worked on multiple projects for clients that you can access on his SCMDOJO Expert Profile.

Supply Chain Design Software 59

Supply Chain Design Software Negotiating Skills Optimal Sourcing Supply Chain Planning Software 59

Unleashed

JANUARY 16, 2023

Business growth is often stunted by tedious mundane tasks like hiring and training staff, sourcing vendors and carriers, and dealing with customer returns. Cut storage costs. Warehousing costs are rising. 3PL warehouses, however, often have higher order values through their retail partners which justifies the price.

Third Party Logistics 98

Third Party Logistics Logistics Network Optimization Software 3PL Inventory Management Software 98

Unleashed

FEBRUARY 28, 2023

Creating efficient warehousing processes can result in less downtime, lower running costs, and better customer service. Here, we’ll talk about what receiving efficiency is, how to measure it using warehousing metrics, and cover a few different ways to optimise your inward goods process.

Inventory Management Software 52

Inventory Management Software How To Inventory Reduction Warehousing 52

The Lean Supply Chain

JULY 7, 2015

The other software companies that sell YMS below, sell it in conjunction with a Warehouse Management System (WMS) and Transportation Management System (TMS) so there is no way to gauge those YMS sales as they could be with, or without, the YMS system depending on the customer’s needs. They are tailor made for YMS. Preference? The reason?

Supply Chain Planning Software 40

Supply Chain Planning Software Supply Chain Design Software Modeling Software Demand Planning Software 40

Locus

DECEMBER 22, 2021

Higher number of driver retirements due to high average age of drivers Less represented women workforce in trucking making them less than 7% of total drivers Pandemic resulting in existing drivers resigning jobs Truck driver training schools training less drivers than 2020 Federally mandated age and hiring standards increasing barriers to entry.

Logistics Network Optimization Software 52

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

Intelligent Audit

JANUARY 18, 2022

Actionable analytics and meaningful logistics intelligence are essential elements in freight. Actionable analytics gather large volumes of data and interpret it in a meaningful way, translating it into effective business strategies. Freight shipping costs are climbing. Provide Discounts on Worthy Purchases.

Analytics Software 52

Analytics Software Supply Chain Planning Software Supply Chain Design Software Procurement Analytics 52

Unleashed

JUNE 27, 2022

Raw materials purchasing As a distillery manager, you will need to purchase both the raw materials for your product (e.g. Look for: Software that simplifies and automates purchasing What do you need, how much do you need, and when do you need it? In this article on distillery management.

Inventory Management Software 98

Inventory Management Software Supply Chain Design Software Supply Chain Planning Software Procurement Solutions 98