This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Keeping shipping costs under control is no small task — and unpredictable freight fuel surcharges make it even tougher. To stay ahead, you need a clear strategy for understanding and forecasting these charges. What is a fuel surcharge for freight shipping and why does it change? Start by asking.
For senior leaders, understanding and integrating the three pillars of sustainability—environmental, social, and economic—into supply chain strategies is essential. Reducing carbon emissions is a cornerstone of this effort. Meanwhile, advances in AI-driven route optimization reduce unnecessary mileage, cutting emissions and costs.
How CPG leaders can reduce costs without hurting supply chain performance fbaker Tue, 06/03/2025 - 09:18 In the consumer packaged goods (CPG) industry, SG&A (Selling, General, and Administrative) costs have long been a go-to target for improving margins. But today’s market is anything but typical.
They integrate AI into demand forecasting, inventory optimization, and logistics operations to improve efficiency, reduce costs, and mitigate risks. When unexpected disruptions occura factory shutdown, a shipping delay, or a supply shortagethese models provide little flexibility.
Gartner reports that companies using data-driven strategies can achieve a 20% increase in sales by aligning inventory with current market trends. Is this the strategy you want to pursue? Retailers that adopt these dynamic rebalancing strategies often see an 18% improvement in inventory turnover rates. What are you waiting for?
If so, optimizing your inventory management strategy can be a game-changer. Imagine shipping products directly from your supplier to your customer while maintaining the appearance that your business is the source. That's what you get from blind shipping, and we're here to tell you all about it!
In the dynamic landscape of modern supply chains, one of the key challenges is the efficient management of resources to eliminate waste and enhance overall productivity. Standardized carton sizes also facilitate more efficient stacking and storage within the warehouse, reducing space utilization and improving overall operational flow.
However, large organizations are often equipped to handle fulfillment in-house, leveraging their extensive resources and capabilities. These steps include sourcing and receiving inventory, storing inventory, order processing, picking and packing an order, shipping the order, and returns management.
By applying the ISO OSI (Open Systems Interconnection) seven layer model, traditionally used in networking, to logistics, businesses can achieve a structured framework that enhances communication, reduces friction, and improves collaboration throughout the supply chain. This layer includes trucks, ships, warehouses, and other physical assets.
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. dates several weeks in advance) based on real-time insight into existing commitments and delivery resources.
As supply chains adapt to rising complexity, automation has moved from an optional investment to a core operational strategy. Improved Data Integration Many AMRs integrate with WMS and ERP platforms to provide data on performance, usage, and maintenance, enabling smarter resource planning.
Companies now must make strategic decisions regarding pricing, shipping, supply chains and overall logistics. Below, we provide nine tips to optimize your shipping and tell you how a third-party logistics (3PL) provider can help you during these difficult times.
The order, which takes effect immediately, also requires an additional review of end-usage for graphite items shipped to the U.S. Based in Aberdeen, the new entity aims to pool resources, reduce costs, and boost profitability while increasing production from 140,000 boed in 2025 to 200,000-220,000 boed within five years.
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.
In May, the total number of job cuts in the US were 696,309 – an increase of 80% from the 385,859 jobs cut in the first five months of 2024. During the first week of June 2025, job cuts continued with 90,000 layoffs with iconic brands like Kimberly-Clark (1500-1900), Microsoft (6,000), P&G (7000), and Wal-Mart (1,500).
It's a collaborative relationship that can streamline and elevate your freight shipping operations. A strong 3PL becomes more than just a coordinator of shipping — they act as an integrated part of your team, working toward your long-term goals. Will you provide an audit of my shipping operations, including invoices?
Supply chain efficiency is the cornerstone of success and involves the effective management of processes, resources, and technologies from procurement to production, transportation to warehousing. In the automotive sector, manufacturers are simultaneously reducing inventory costs and delivery times.
Brian Kempisty , Lauren Beagen and Joe Lynch discuss building a resilient port strategy. Lauren is a lawyer and the Founder of Squall Strategies , a boutique maritime consulting and legal solutions company. Beagen is a seasoned maritime attorney and the founder of Squall Strategies, LLC and The Maritime Professor.
System Integration and Data Visibility Orchestration requires connecting warehouse systems, transportation platforms, and ERP data so that status updates, inventory levels, and shipping exceptions are visible without needing to log in to separate systems. This doesnt eliminate those systems, it organizes the data they produce.
Businesses are recognising the need to become good corporate citizens, as well as prepare for regulatory schemes that may require them to reduce carbon emissions. How to Reduce Carbon Emissions in Your Supply Chain 1. Transportation Networks and Modal Shifts A good transportation strategy is one of the best ways to reduce emissions.
These tools do not aim to replace human decision-makers but instead enhance visibility, enable smarter planning, and improve overall resource utilization. One of the key challenges in green freight logistics is reducing emissions from fuel-intensive operationsparticularly in trucking and maritime shipping.
The adoption of AI in supply chain automation is enabling companies to make more accurate decisions, reduce cycle times, and better manage complexity. The strategic value of AI lies in its ability to automate routine decisions, enhance visibility, and support better resource planning.
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.
This solution allows human resource managers to review performance against over 50 external workforce key performance indicators, access global market intelligence (including rates, talent supply and demand, and time-to-hire trends), and track progress across diversity and worker health and safety initiatives. It is a brilliant tool.”
If your business depends on freight shipping, you've likely felt the effects of a world that seems to change overnight. From port congestion and fuel surcharges to weather events and labor shortages, the threats to your shipping network are real and growing. Even businesses that ship only within U.S. The good news?
However, building such a supply chain requires smart strategies , the right partners, andmost importantlythe ability to adapt quickly when things go wrong. In this article, well explore proven strategies to safeguard your supply chain, minimize risks, and keep your business running smoothly, no matter what obstacles lie ahead.
From extraction and processing to distribution and end use, managing the flow of resources like oil and gas requires more than logistical coordination; it demands financial precision, strategic foresight, and real-time adaptability. Improper implementation can create silos or reduce decision-making transparency.
Supply chain leaders must adapt and use smart strategies to remain competitive. They can raise consumer prices, reduce imports, change trade patterns, and cause other countries to retaliate. For businesses, tariffs increase costs, disrupt supply chains, and reduce profits. Can you cut other costs?
Incorporate changing business conditions: Machine learning can automatically account for changing business conditions, including new ship-to locations and changes in service provider’s performance level. Increased lead time accuracy reduces risks involved in transportation and logistics, improving your overall supply chain.
However, large organizations are often equipped to handle fulfillment in-house, leveraging their extensive resources and capabilities. Many large organizations have multiple systems for order, warehouse, or transportation management that are barely integrated – frequently not at all.
Autonomous supply chains can help businesses to meet the demands of e-commerce and omnichannel retailing, by enabling more efficient and effective order fulfillment, reducing delivery time and cost, increasing customer loyalty and retention, and providing more visibility and control over the supply chain.
Edge computing processing data locally, near the source has emerged as a method to address these challenges by reducing latency and improving resiliency. Managing available bandwidth efficiently among many connected devices remains a continuing issue, particularly when scaling systems to significant quantities of distributed resources.
In this post, we’ll do a deep dive into less-than-truckload (LTL) industry trends to watch for 2022, and highlight actions that shippers should consider to guide their strategy throughout the year. Labor shortages will have a lasting effect, effectively reducing capacity for carriers and terminals. LTL Industry Macro Trends.
A December 2024 study by Professors Jonathan Phares, Jason Miller, and Stephen Burks, published by the Association for Supply Chain Management, shows carriers hire drivers when freight demand rises and reduce staff when it falls. Weak demand leads to job cuts. Carriers respond rationally to demand. In Florida, a 2.6%
Economic downturns can disrupt the flow of goods, increase operational costs, and reduce profit margins. In this blog post, well explore the importance of robust supply chains, the key risks they face during economic downturns, and practical strategies. Recession-proofing a supply chain doesn’t mean eliminating all risks.
With the events of 2021, including the attack on the Colonial Pipeline earlier this year, the importance of supply chain cybersecurity is among the most in-demand factors driving adoption of third-party systems and resources in logistics. Custom System Integration Reduces Incompatibility Woes. Download Report.
As these organizations act on their climate pledges, the responsibility to reduce emissions is cascading to suppliers at every level. Tesco and Walmart have announced procurement policies aimed at reducing carbon emissions and promoting sustainability throughout their extended supply chains. Retailers are following suit.
One of the most effective strategies for building resilience is integrating project management into supply chain operations. Why Project Management is Essential for Supply Chain Resilience The approach provides a structured approach to handling complex tasks, timelines, and resources.
It’s good to see these companies recognizing the impact of climate change, and changing their policies, sourcing, and manufacturing practices to reduce emissions. Clearing land and cutting down forests can also release carbon dioxide. For example, the Inflation Reduction Act (IRA) was signed into law a year ago this week.
This lack of real-time data creates delays throughout the entire operation, from receiving to production to shipping. These inefficiencies lead to bottlenecks, reduced throughput, and increased labor costs. This streamlines workflows, reduces errors, and delivers significant time savingscutting task completion times by up to 65%.
Meanwhile, Walmart has aggressively expanded its marketplace of third-party sellers, following a strategy that has enabled Amazon to offer a mind-boggling range of products on its website. shipping containers and stacking them up to six high. shipping containers and stacking them up to six high.
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 average contract cost of shipping a container from China to the U.S. One hundred UPS facilities are currently participating.
Three months into 2025, we have seen a barrage of on-again, off-again tariffs that have supply chain and logistics teams reeling, as they must rethink everything from next weeks shipping route to their foundational network models. The Ukraine-Russia conflict is ongoing.
There are many ways an organization can cut supply chain costs. While there are no short-term fixes, enterprises should prioritize areas where they can make the quickest gains to reduce costs. This is a short term strategy, and one that can ultimately damage relationships with key suppliers.
We organize all of the trending information in your field so you don't have to. Join 102,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content