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The Importance of a Strong Supply Chain and Logistics Strategy!

Supply Chain Game Changer

A solid supply chain and logistics strategy is essential for large companies. These materials were then transferred to barges and rail cars for delivery, and finally to terminals where they were packaged into shipping containers for final delivery by rail. Logistics plays a critical role in a company’s supply chain.

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Transportation Metrics That Matter Most to Track and Improve Performance

GlobalTranz

Creating a data-driven supply chain tracking important transportation metrics helps shippers respond and adapt as quickly as possible to known and unknown events. Why Monitor Transportation Metrics. Transportation metrics provide visibility that helps drive operative and competitive advantages.

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16 Cost Reduction Strategies in Inventory Management

Unleashed

So your company is looking to reduce costs, and you’ve been asked to contribute by reducing your inventory cost. Here we explain how you can do this with 16 cost reduction strategies in inventory management?that that are each proven to reduce a company’s costs.? It also avoids the need to dip into safety stock.

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Navigating the Challenge of Dwell Time in E-commerce Logistics

Stord

Although not often talked about outside logistics circles, dwell time, and actually your Past Dwell Time Frequency is a critical metric that can significantly impact your performance – and how it's perceived. For example, parcel carriers normally sort and scan only in the evenings, and with a few exceptions only on weekdays.

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Track the Supply Chain Metrics that Really Matter

Precoro

To monitor supply chain performance, stakeholders of successful companies typically define supply chain metrics that are relevant to the given business and track these KPIs regularly. By setting benchmarks for metrics, analysts can recognize unsettling trends and take preventive measures on time.

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This Week in Logistics News (October 1 – 7)

Logistics Viewpoints

Factors contributing to shrinkage include employee theft, shoplifting, administrative errors, vendor fraud, product damage, and more. While this is not exactly the best news to hear, it’s time to move on to this week’s logistics news. The six areas are energy use, nature, waste, packaging, transportation, and product use and design.

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Top 6 Retail Trends & Supply Chain Planning Challenges in 2023

Logistics Viewpoints

That’s why staying on top of the latest supply chain planning trends is so important – they can make all the difference when it comes to staying competitive, reducing costs, and meeting your customers’ needs. One day, a product is flying off the shelves, and the next, it’s gathering dust.