RFgen

MAY 10, 2023

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? Let’s explore some proven strategies to help you turn ballooning overhead costs into greater profit and ROI. Often, you will find room for improvement.

Inventory Reduction 52

Inventory Reduction Cost Reduction Strategies Price Reduction Vendor Strategies 52

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. Maybe, maybe not.

Cost Reduction Strategies 52

Cost Reduction Strategies Price Reduction Inventory Reduction Negotiating Skills 52

Logility

AUGUST 31, 2023

From where they shop and how frequently they buy to what price points entice them, consumer behaviors have been challenging to predict over the past year. The company uplifted distributes products to stores based on customer demand forecasts, raising service level improvements to 97% and reducing finished goods inventory by 13%.

Consumer Goods 190

Consumer Goods Network Optimization Software Optimal Sourcing Inventory Reduction 190

SCMDOJO

APRIL 29, 2024

From sourcing raw materials, manufacturing, and storage, to transportation and distribution, SCM ensures efficiency and cost-effectiveness throughout the entire journey. By streamlining processes, reducing costs, and improving customer satisfaction, companies can achieve higher profitability and sustainability.

Supply Chain Planning Software 83

Supply Chain Planning Software Optimal Sourcing Supply Chain Design Software Supply Chain Software 83

Logistics Viewpoints

OCTOBER 25, 2023

UPS UPS will hire more than 100,000 seasonal employees to serve the 2023 holiday rush, including seasonal delivery drivers, commercial driver’s license (CDL) drivers, and package handlers, the company said. And from a pricing strategy perspective, we’re committed to our strategy, which does include peak surcharges.”

Logistics Network Optimization Software 213

Logistics Network Optimization Software Logistics Price Reduction Expense Reduction 213

Logistics Viewpoints

FEBRUARY 17, 2023

The initiative involves placing RFID tags on packages and wearable devices on employees to eliminate manual scans, reduce misloads, and accelerate parcel throughput in the delivery giant’s warehouses. The booming shopper interest in sustainability is having a major influence on supermarket operating strategies.

Logistics Network Optimization Software 203

Logistics Network Optimization Software Waste Reduction Cost Reduction Strategies Resource Reduction 203

GlobalTranz

SEPTEMBER 14, 2018

Warehouse Managers Avoiding Omnichannel Supply Chain Strategies Will Lose Competitive Ground Competitive advantage is based on the ability of companies to offer products or services at reasonable, competitive prices. Although pricing plays a big part, it also depends on the ability to offer unique services.

Price Reduction 120

Price Reduction Cost Reduction Strategies Inventory Reduction Omnichannel 120

Logistics Viewpoints

MAY 10, 2021

Following their fourth quarter results, top executives talked about their supply chain and omnichannel strategy at a high level. This new infrastructure will allow the retailer to expand ecommerce assortment while reducing both shipping time and cost. But there is tension between price leadership and service. billion, 4.1%

Supply Chain Planning Software 234

Supply Chain Planning Software Supply Chain Software Supply Chain Transformation Inventory Reduction 234

Logistics Viewpoints

MAY 3, 2024

Under a transportation services agreement that kicked in last year, Amazon leases the aircraft from a dealer and transfers them to Hawaiian Airlines to fly and provide routine maintenance. billion to increase use of these vehicles to transport freight as part of an overall effort to improve air quality. and Canadian stores.

Logistics Network Optimization Software 198

Logistics Network Optimization Software Logistics Negotiating Skills Cargo 198

GlobalTranz

FEBRUARY 17, 2016

This is the second part of my series on various ways to reduce overall costs as it relates to logistics and warehouse cost reductions. In the first part I put forth 6 areas of focus in order to reduce logistics costs. Today, I will now address how a focus on inventory will allow for warehouse cost reductions as well.

Cost Reduction Strategies 120

Cost Reduction Strategies Inventory Reduction Waste Reduction Vendor Strategies 120

ThroughPut

SEPTEMBER 1, 2022

Breakthrough AI-powered solution eliminates dead stock, beating leading pricing software while leveling the field for fast-growing businesses competing with global players . But that can only be achieved by adopting a demand-first approach, layered with an intelligent pricing and promotion strategy.”. PALO ALTO, Calif.,

Price Reduction 98

Price Reduction Supply and Demand Resource Reduction Inventory Reduction 98

SCMDOJO

APRIL 15, 2024

Ever wonder how Amazon gets your package to your door so quickly? We’ll explore their logistics empire, from warehouse robots to futuristic visions, and discover how they manage millions of packages daily. Amazon’s Mission Its unwavering commitment to customer satisfaction is at the heart of Amazon’s logistics strategy.

Logistics Network Optimization Software 80

Logistics Network Optimization Software Inventory Reduction Sourcing Strategies Inventory Management Software 80

The Logistics & Supply Chain Management Society

AUGUST 14, 2023

In this article, we explore the pros and cons of the alliance model in the shipping industry, compare the solo strategy versus alliance strategy, and provide tips on how shippers can prepare for market swings. When the 2M Alliance is disbanded, it will lead to changes in shipping routes, service frequency, and pricing.

Risk Management 130

Risk Management Negotiating Skills Vendor Strategies Resource Reduction 130

Logistics Viewpoints

APRIL 22, 2021

alternate sourcing strategies), while others are potentially negative (e.g. the daily delivery of packages to our homes). Emerging technologies play a role in managing disruption and are driving change in the transportation and logistics industries. All of these come together in some way with autonomous transportation options.

Supply Chain Disruption 327

Supply Chain Disruption Supply Chain Planning Software Supply Chain Software Sustainability 327

Logistics Viewpoints

MARCH 29, 2024

million vehicles cross the bridge annually, or about 30,000 per day, according to the Maryland Department of Transportation. Kraft Heinz plans to reduce carbon emissions by more than 99 percent across 10 US plants with help from a $170 million investment from the US Department of Energy. An estimated 11.5

Prescriptive Analytics Software 252

Prescriptive Analytics Software Logistics Network Optimization Software Supply Chain Software Logistics 252

Locus

MAY 8, 2024

As per research by supply chain dive , 59% of retail participants that were surveyed told that they would hike pricing to mitigate impact from supply chain disruptions and 36% said they were taking a margin hit to keep price levels. And it does translate to serious business losses. Read also: Why Do Businesses Need Route Optimization?

Supply Chain Planning Software 52

Supply Chain Planning Software Optimization Software Predictive Analytics Software Price Reduction 52

Logistics Viewpoints

JUNE 1, 2023

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. Here are some highlights from these trends in 2023 and implications on supply chain planning.

Supply Chain Planning Software 194

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Software 194

Intelligent Audit

JUNE 8, 2021

Transportation and logistics managers have a lot jockeying for their attention as many different services and aspects of shipping fight for time and resources. Managing the modern transportation network is no easy task and presents a host of challenges.

Packaging 52

Packaging Transportation Management Transportation Industrial 52

Intelligent Audit

JUNE 7, 2021

Transportation and logistics managers have a lot jockeying for their attention as many different services and aspects of shipping fight for time and resources. Managing the modern transportation network is no easy task and presents a host of challenges. Paper Packaging Is Sustainable, Renewable, and Recyclable.

Packaging 52

Packaging Transportation Management Transportation Industrial 52

GlobalTranz

APRIL 13, 2021

Don’t expect to plan for every disruption; instead, develop a strategy to overcome supply chain disruption, regardless of the source. Preparing your supply chain for resiliency begins with risk management and a proactive strategy. Capacity constraints and transportation delays. Price fluctuations and sourcing issues.

Supply Chain Disruption 205

Supply Chain Disruption Supply Chain Planning Software Supply Chain Design Software Supply Chain Strategy 205

Enterra Insights

OCTOBER 19, 2022

” • Transportation woes. However, even in areas unaffected by conflict, getting agricultural products to market has become more difficult thanks to rising transportation costs and port congestion. Transportation costs, which are bumping up food prices, are a particular concern for people living in poorer nations.

Food 130

Food Supply Chain Planning Software Supply Chain Software Supply Chain Strategy 130

GlobalTranz

SEPTEMBER 24, 2018

In the age of e-commerce, maintaining the status quo will result in failure, disgruntled customers and added expenses, but shippers that leverage 3PL resources to apply transportation management best practices for e-commerce , as listed below, can navigate the issues that arise in e-commerce and achieve sustained profitability.

Transportation Management 210

Transportation Management 3PL Logistics Network Optimization Software Supply Chain Network Software 210

Locus

JUNE 16, 2023

Last-mile delivery is the crucial stage of transporting goods from the retailer’s transportation hub to the ultimate delivery destination. Fuel costs: Last-mile fuel costs require careful management as they make up 25% of a truck’s operational costs over volatile price fluctuations.

Cost Reduction Strategies 98

Cost Reduction Strategies Expense Reduction Price Reduction Inventory Reduction 98

ToolsGroup

JUNE 27, 2022

In this article, we’ll break down what vertical integration is, its benefits and disadvantages, its application in supply chain, and the factors to consider when deciding whether it’s the correct strategy for your company. Scoops is a manufacturer that makes batch ice cream and pre-packaged ice cream bars and pints.

Price Reduction 156

Price Reduction Cost Reduction Strategies Material Savings Supply Chain Planning Software 156

The Logistics & Supply Chain Management Society

DECEMBER 21, 2021

That said, I am never surprised to hear my otherwise upbeat logistics colleagues express Grinch-like pessimism when it comes to emissions reduction in our industry. Less plastic should really be the rule and our industry needs to demand non-plastic options as these become more widely available and price competitive. TRANSPORTATION.

Material Savings 246

Material Savings Cost Reduction Strategies Singapore Price Reduction 246

QAD

NOVEMBER 23, 2021

For the packaging industry, digital manufacturing solutions must help manufacturers produce the right stuff at the right time as optimally as possible and then support the decisions of what to produce next. Challenges Facing Packagers. As we’ve written before, disruption is nothing new for the packaging industry.

Packaging 92

Packaging Manufacturing Industrial Industry 92

Logistics Bureau

JUNE 15, 2016

Many articles on the topic of supply chain cost reduction have been written, most of which are understandably focused on issues such as inventory levels, network design, process efficiencies and supplier management/relationships. Make no mistake; any initiative to save money on packaging is likely to require some investment up front.

Cost Reduction Strategies 40

Cost Reduction Strategies Material Savings Expense Reduction Waste Reduction 40

E2open

NOVEMBER 15, 2022

Expanded technology partnership enables shippers to optimize logistics and transportation spend in e2open’s Carrier Marketplace AUSTIN, Texas – Nov. E2open’s Carrier Highlight offers all TMS users access to the list of featured transportation providers, even if the carrier is not in the shipper’s network.

Supply Chain Network Software 78

Supply Chain Network Software Optimization Software Logistics Network Optimization Software Optimal Sourcing 78

Intelligent Audit

OCTOBER 12, 2022

It’s a common goal for people and industries worldwide to work together to reduce our collective carbon footprint and counteract climate change. When they track carbon emissions for each shipment, they can make better decisions on carriers and the best ways to optimize the logistics network to reduce emissions.

Waste Reduction 52

Waste Reduction Resource Reduction Price Reduction Cost Reduction Strategies 52

GlobalTranz

NOVEMBER 29, 2017

The same holds true for their impacts on varying transportation modes. rely on these three dominant transportation modes, let’s look at how capacity crunches affect them. In other words, non-palletized LTL shipments that have a lower dimensional volume and pricing may benefit from parcel shipping instead. The Big Picture.

Capacity 174

Capacity Negotiating Skills Transportation Cost Reduction Strategies 174

The Logistics & Supply Chain Management Society

JANUARY 3, 2024

The Green Corridor: Looking for the Green Lining by Timothy Foote, Director Transportation & Network APAC at Asendia and Founder of Susymbio 2023 is soon enough to end, and the transformation to a clean logistics future moves forward. Air transport emissions reduction goals sadly will be hampered by insufficient supplies of SAF.

Purchasing Skills 130

Purchasing Skills Singapore Price Reduction Cost Reduction Strategies 130

Logistics Viewpoints

DECEMBER 6, 2022

The continued growth in e-commerce retail sales has been largely driven by factors such as convenience, product selection and lower prices. For retailers and carriers, sending a package is easy. Who pays the price? The Dirty Secret of E-Commerce. In the U.S, 21% of online orders were returned in 2021, up from 9% in 2019.

Reverse Logistics 222

Reverse Logistics Purchasing Skills Price Reduction Logistics Network Optimization Software 222

Intelligent Audit

NOVEMBER 3, 2022

On the transportation end of supply chains, shippers adapt to the transportation needs at any given time to ensure this part of the supply chain continues as well as possible. While disruptions and consumer demands are significant challenges, shippers with the right strategies and technologies can navigate them successfully.

Network Optimization 52

Network Optimization Supply Chain Network Software Optimization Software Modeling 52

Supply Chain Matters

JANUARY 31, 2023

Supply Chain Matters provides highlights of global parcel transportation and logistics carrier UPS’s report of Q4 and full year 2022 financial performance, and the likely implications. Domestic package segment but declined 8.3 Reportedly, average daily package volume fell 4.5 billion, amounting to a 2.7 billion, down 17.9

Packaging 52

Packaging Negotiating Skills Price Reduction Cost Reduction Strategies 52

GlobalTranz

MAY 10, 2018

Transporting pharmaceuticals is arguably more important than manufacturing them, because it enables these lifesaving medications to make it to where they are needed most. Guarding Against Cargo Theft Cargo theft is one of the largest risks associated with pharmaceutical manufacture and transport. These cargos are also at risk.

Pharmaceutical 122

Pharmaceutical Transportation Cargo Price Reduction 122

Enterra Insights

AUGUST 17, 2022

Entirely eliminating food waste is impossible. What she is suggesting is, that with a little planning and foresight, food waste can be reduced. … Better cold storage and infrastructure would help reduce losses, but more detailed data on the supply chain is needed to tackle the problem.”[4]. Let’s be clear.

Waste Reduction 130

Waste Reduction Food Supply Chain Planning Software Resource Reduction 130

Enterra Insights

AUGUST 17, 2022

Entirely eliminating food waste is impossible. What she is suggesting is, that with a little planning and foresight, food waste can be reduced. … Better cold storage and infrastructure would help reduce losses, but more detailed data on the supply chain is needed to tackle the problem.”[4]. Let’s be clear.

Waste Reduction 130

Waste Reduction Food Supply Chain Planning Software Resource Reduction 130