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.

Price Reduction 59

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The Logistics & Supply Chain Management Society

AUGUST 14, 2023

Ocean Risk Management part 2: Navigating Global Shipping Alliance The shipping industry continues to evolve. 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.

Risk Management 130

Risk Management Negotiating Skills Vendor Strategies Resource Reduction 130

ShipBob

JANUARY 15, 2024

Financially, it can lead to significant losses as businesses are forced to sell stock at discounted prices, or worse, write off unsold inventory as a loss. In this guide, we’ll explore the main causes of inventory glut, innovative strategies to tackle it, and how working with a 3PL can help reduce inventory risk. The result?

Inventory Reduction 52

Inventory Reduction Price Reduction Cost Reduction Strategies Waste Reduction 52

GlobalTranz

SEPTEMBER 12, 2018

To achieve lasting success, shippers need to understand how e-commerce shipping strategies are quintessential steps in this process. An Effective E-Commerce Shipping Strategy Mitigates Losses From the “Retail Apocalypse.” This is the making of an effective e-commerce shipping strategy. GET YOUR COPY HERE.

Resource Reduction 182

Resource Reduction Cost Reduction Strategies Price Reduction Supply Chain Strategy 182

Logistics Viewpoints

JUNE 6, 2022

Running more efficient routes, with more fully loaded trucks, saves money and reduces emissions. The desire to improve service, reduce cost, and reduce emissions, is part of the reason their customer Unilever selected their solution. Transportation Modeling Can be Used to Reduce Emissions.

Cost Reduction Strategies 223

Cost Reduction Strategies Price Reduction Supply Chain Planning Software Transportation 223

The Logistics of Logistics

DECEMBER 13, 2023

Itamar Zur and Joe Lynch discuss reinventing ecommerce shipping. About Veho Veho ’s mission is to power the future of commerce by making shopping, shipping and returns work seamlessly for everyone. Veho is reinventing shipping, and all parts of the post-purchase experience as we know it.

Shipping 208

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GlobalTranz

DECEMBER 5, 2018

For example, a black swan event may include both the physical damage and ongoing disruption caused by a hurricane and subsequent bottlenecks, so shippers that know how to isolate the causes of poor visibility and areas that are likely to contribute to worsening of black swan events can effectively reduce their chances of coming to fruition.

Price Reduction 168

Price Reduction Resource Reduction Cost Reduction Strategies Inventory Reduction 168

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. Containers of fitness equipment shipped from Asia were delayed by major port and inland logistics disruptions.

Sourcing Strategies 105

Sourcing Strategies Cost Reduction Strategies Expense Reduction Inventory Reduction 105

Logistics Viewpoints

MARCH 24, 2022

Multi-carrier parcel shipping technology empowers fulfillment teams. Multi-carrier parcel shipping technology gives merchants the functionality they need to roll out these offerings and better serve customers. Despite all that multi-carrier parcel shipping technology has to offer merchants, organizations need to nurture the technology.

Supply Chain Planning Software 219

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Unleashed

OCTOBER 4, 2023

Some of the main steps involved in the order fulfilment process include: Inventory management Picking and packing Tracking and communication Shipping and delivery Customer service Returns management Fulfilment costs can represent up to 30% of an eCommerce company’s total operating expenses. It also ensures that resources are used efficiently.

Inventory Reduction 52

Inventory Reduction Sourcing Strategies Resource Reduction Cost Reduction Strategies 52

GlobalTranz

OCTOBER 11, 2018

The importance of an omnichannel supply chain strategy cannot be overstated. What’s Wrong With Omnichannel Supply Chain Strategy and Customer Service? Poor performance of new offerings leads to reduced profitability, reports McKinsey & Company. Shoppers see better pricing of products and added savings.

Inventory Reduction 186

Inventory Reduction Price Reduction Cost Reduction Strategies Supply Chain Strategy 186

Freightos

AUGUST 14, 2023

When it comes to how they are using it, there is also a clear trend, with 75% deploying AI for pricing (like freight rate management ) and another half tapping it for shipping operations, while others are branching into sales or customer support with AI. A significant share (84%) believe AI might trim the workforce. This is difficult.

Logistics Network Optimization Software 250

Logistics Network Optimization Software Price Reduction Material Savings Supply Chain Software 250

Freightos

FEBRUARY 28, 2024

The interesting shift here, though, is that there’s a whole world of alternative shipping routes. The traditional China-Northern Europe route alternative banked on sea freight to Dubai, followed by air shipping to the final European destination. For a full shipping container, that results in a full $3,804 of savings, or a 17% savings.

Los Angeles 156

Los Angeles Negotiating Skills Cost Reduction Strategies Price Reduction 156

Logility

AUGUST 4, 2022

Your ship’s come in! Much of the merchandise languishing aboard cargo ships stuck in ports around the world during the pandemic-fueled supply chain crisis has made it to store shelves. One example: egg prices are up 56% , according to the Department of Agriculture, driven up by drought, a bird flu epidemic and the war in Ukraine.

Price Reduction 130

Price Reduction Inventory Reduction Analysis Resource Reduction 130

Freightos

JANUARY 15, 2024

It may be off a lower-than-normal base price but for importers and exporters suffering from lower sales, it’s almost certainly troubling news. The decrease in logistics costs led 35% of importers to lower their product prices, possibly contributing to the easing of inflation rates. Most of these are nearly impossible to plan for.

Negotiating Skills 289

Negotiating Skills Optimal Sourcing Price Reduction Vendor Strategies 289

Enterra Insights

JUNE 10, 2020

.” Cecere’s remarks beg the question: What should your company’s supply chain strategy be going forward? With tightening budgets and a need to stay connected using technology, it is more important than ever for transportation and logistics companies to have an effective mobility strategy in place.”[2]

Sourcing Strategies 130

Sourcing Strategies Price Reduction Resource Reduction Cost Reduction Strategies 130

Supply Chain Game Changer

JULY 7, 2021

You Need A Blue Ocean Strategy! Amazon Supply Chain strategies article and permission to publish here provided by Jae Jun. Amazon Supply Chain Strategies. Amazon then directly packs, ships, and provides customer service for these products. No service fee and shipping products to Amazon. Subscribe Here!

Inventory Reduction 100

Inventory Reduction Price Reduction Cost Reduction Strategies Supply Chain Strategy 100

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. gateways for Asian imports.

Cost Reduction Strategies 52

Cost Reduction Strategies Price Reduction Inventory Reduction Negotiating Skills 52

Supply Chain Game Changer

MARCH 17, 2022

Content Marketing Strategy – The Decisive Guide! As the technologies develop, the means for promoting logistics services with a digital marketing strategy has also changed. Companies that operate in the industry of logistics also have to keep up with the times and adjust the marketing strategy accordingly.

Price Reduction 116

Price Reduction Resource Reduction Logistics Network Optimization Software Supply Chain Strategy 116

Zipline Logistics

DECEMBER 5, 2022

You’ve taken your brand from an idea to physical product, determined packaging and pricing, and landed shelf space at a retail store. In the last 15 years of our business, we have focused solely on partnering with CPG brands and learning everything there is to know about their business and the big-box retailers they ship into.”.

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Cost Reduction Strategies Price Reduction Logistics Network Optimization Software Price Mitigation Strategies 81

Logistics Viewpoints

JANUARY 12, 2024

In 2023, Amazon experimented with new logistics strategies and technologies to quickly fulfill and deliver orders, and these changes paid off big. Amazon shipped last-minute Christmas gifts faster in 2023 than in 2022, according to data from analyst firm Momentum Commerce. products on the platform warned it would ship after Christmas.

Logistics Network Optimization Software 257

Logistics Network Optimization Software Price Reduction Inventory Reduction Resource Reduction 257

GlobalTranz

MARCH 23, 2018

Amazon acquired Whole Foods and dropped the price of Prime Pantry through Prime Perks. Walmart has a different approach, and in several ways, Walmart is positioning itself to best Amazon in e-commerce through an innovative, omnichannel return strategy. Download white paper. Precursor 1: Sam’s Club Closings Reveal an Ulterior Motive.

Price Reduction 179

Price Reduction Omnichannel Supply Chain Strategy Strategy 179

The Logistics of Logistics

AUGUST 21, 2023

Richard is Vice President of Strategic Accounts at Intelligent Audit , a cutting-edge logistics and supply chain technology company, dedicated to revolutionizing how businesses manage their shipping and transportation processes. Transitioning to sales and marketing, he mastered go-to-market strategies for driving growth.

Negotiating Skills 206

Negotiating Skills Logistics Network Optimization Software Optimization Software Analytics Software 206

ShipBob

AUGUST 3, 2021

In this article, you will learn the importance of supply chain agility, what it means to be agile, plus strategies and best practices you can incorporate into your supply chain. Reduce supply chain costs. An effective way to streamline processes is to introduce automation to reduce manual work. Meets market demands.

Agile and Lean Supply Chain 119

Agile and Lean Supply Chain Sourcing Strategies Inventory Reduction Material Savings 119

Precoro

NOVEMBER 13, 2023

One of the ways that procurement teams improve this figure is by tracking and improving the purchase price variance (PPV) metric. Purchase price variance can be tracked for each separate purchase or for the total procurement spend over specific time periods – for instance, monthly, quarterly, or yearly.

Purchasing Skills 98

Purchasing Skills Procurement Analytics Negotiating Skills Negotiate Pricing 98

ThroughPut

FEBRUARY 1, 2023

u can’t just turn around a giant cargo ship. And when shipping to volatile countries, it becomes even harder. companies with global operations, one of the most effective global value chain strategies and supply chain strategies is to mitigate risk by shipping smarter. goods is more complex than it used to be.

Material Savings 52

Material Savings Price Reduction Expense Reduction Sourcing Strategies 52

Logistics Viewpoints

DECEMBER 6, 2023

Most notable is the extreme volatility in volumes, prices, and disruptions that have occurred. A value below 0 indicates that supply chain capacity is being underutilized, reducing supply chain volatility. Container Shipping There have been recent reports publicizing the rapid decline in container shipping rates.

Predictive Analytics Software 267

Predictive Analytics Software GEP Supply Chain Software Price Reduction 267

Veridian Solutions

JUNE 17, 2019

Many retailers have implemented buy online, pick up in store (BOPIS) strategies without realizing it. In addition, it solves critical challenges in last-mile strategies, reduces costs associated with inventory management , and more. Challenges of Today’s Last-Mile Strategies. Shippers reduce necessary warehouse space.

Cost Reduction Strategies 60

Cost Reduction Strategies Price Reduction Vendor Strategies Expense Reduction 60

The Logistics & Supply Chain Management Society

FEBRUARY 15, 2021

Just take a look at pricing fluctuations for Suntory’s Yamazaki 12 Year Old. But decisions about how many barrels to produce or how many ships to sail have to be made in advance. Their “overperformance” quickly prompted accusations of profiteering or price manipulation, and even a couple government inquiries. Enter COVID-19.

Purchasing Skills 217

Purchasing Skills Price Reduction Freight Supply Chain Software 217

ShipBob

APRIL 8, 2020

Pricing products is one of the trickiest aspects of running an ecommerce business — especially during a pandemic when consumer spending is down across many categories. Set your prices too low and you won’t profit. Yet, product pricing isn’t an exact science and the right price at the right time is subject to change.

Price Reduction 98

Price Reduction Purchasing Skills Material Savings Cost Reduction Strategies 98

Logistics Viewpoints

MAY 25, 2021

Including CO2 emissions as a key criterion for carrier selection and using logistics technology to reduce or eliminate empty miles are the biggest opportunities to make an immediate difference. In many organizations, freight shipping has become static: companies use air cargo because that’s what they’ve always done. In the U.S.,

Supply Chain Planning Software 321

Supply Chain Planning Software Sustainability Supply Chain Software Inventory Reduction 321

Supply Chain Brain

NOVEMBER 30, 2021

The pandemic’s impact on the global supply chain means holiday shoppers are getting higher than average “out-of-stock” notifications for items they want to purchase, while also experiencing price hikes and shipping delays. What to do?

Cost Reduction Strategies 105

Cost Reduction Strategies Purchasing Skills Price Reduction Shipping 105

Unleashed

JUNE 22, 2022

Covid restrictions, Brexit, labour shortages, rapidly-changing customer demand and the war in Ukraine, have all contributed to shortages of key raw materials and components – squeezing margins and causing long lead times and higher prices for customers. Biggest reduction in lead times since the height of the pandemic.

Inventory Reduction 98

Inventory Reduction Waste Reduction Price Reduction Material Savings 98

ShipBob

APRIL 18, 2024

This concept plays a crucial role in global shipping and customs, significantly impacting ecommerce businesses and consumers who purchase products internationally. For businesses involved in cross-border ecommerce, understanding the de minimis threshold is vital for calculating the total cost of shipping goods internationally.

Price Reduction 52

Price Reduction Cost Reduction Strategies Inventory Reduction Purchasing Skills 52

Ware2Go

JANUARY 10, 2022

Should you change your supply chain procurement strategy in light of continuing supply chain disruptions? Supply chain procurement strategies had long been favoring Just in Time procurement. So, should merchants change their supply chain procurement strategies as they head into 2022? The answer to this question is complex.

Inventory Reduction 52

Inventory Reduction Cost Reduction Strategies Expense Reduction Price Reduction 52

QAD

JANUARY 17, 2023

This has resulted in the WTO reducing its forecasts for world trade over the next two years from 4.7% With a standardized global shipping solution, all sites operate and adhere to the same procedures, workflows and processes. Following are four steps for standardizing shipping across your manufacturing enterprise.

Shipping 92

Shipping Global Price Reduction Cost Reduction Strategies 92