Logility

MAY 17, 2023

The urgent need for supply chain resiliency is increasing interest in onshoring, reshoring, and nearshoring strategies. Furthermore, every choice can improve earnings before interest, taxes, depreciation, and amortization (EBITDA) and reduce risks in future shipments for each vendor.

Vendor Strategies 171

Vendor Strategies Cost Reduction Strategies Price Reduction Inventory Reduction 171

SCMDOJO

DECEMBER 14, 2023

Delivery Lead Time: In the downstream supply chain, delivery lead time represents the time from order receipt to product delivery, including activities such as packing and transportation. Reduced Inventory Levels : Shorter lead times enable businesses to maintain lower inventory levels.

Inventory Reduction 79

Inventory Reduction Vendor Strategies Waste Reduction Cost Reduction Strategies 79

Supply Chain Game Changer

AUGUST 21, 2022

A solid supply chain and logistics strategy is essential for large companies. A global chemical manufacturer recently had to replace ships that transported bulk materials to ports. Using a logistics-oriented strategy helps companies better understand their suppliers, improve customer service, and optimize shipping.

Inventory Reduction 104

Inventory Reduction Price Reduction Cost Reduction Strategies Material Savings 104

GlobalTranz

APRIL 13, 2017

Most shippers have existing vendor compliance programs in place within their vendor inbound logistics guide. Fortunately, today’s logistics technology has the power to execute a winning inbound freight strategy and maintain compliance in the following ways.

Vendor Strategies 123

Vendor Strategies Cost Reduction Strategies Expense Reduction Material Savings 123

Logistics Viewpoints

OCTOBER 30, 2023

The project was focused on the spare parts supply chain – the delivery of car parts and aftermarket accessories to automotive dealers and repair shops across Europe from their OEM vendors as well as their own manufacturing facilities in Europe. This supply chain spanned across 24 nations. The project took close to nine months.

Vendor Strategies 234

Vendor Strategies Cost Reduction Strategies Modeling Inventory Reduction 234

Logistics Viewpoints

NOVEMBER 16, 2023

This article is from Descartes Systems Group and looks at how companies can reduce lead times with real-time data. Additionally, a longer lead time reduce a company’s agility, or resilience, to adapt to demand fluctuations, or other disruptions that may occur. How can you better manage lead time? To read the full article, click HERE.

Real-time Visibility 244

Real-time Visibility Material Savings Inventory Reduction Vendor Strategies 244

GlobalTranz

JULY 28, 2021

Additional opportunities can be reached through transportation optimization whether using a 3PL or 4PL. It's important to understand how transportation optimization can work well with managed transportation service providers to attain that goal. Defining Transportation Optimization.

Optimal Sourcing 317

Optimal Sourcing Optimization Software Network Optimization Supply Chain Optimization 317

OptiProERP

SEPTEMBER 22, 2022

Most manufacturers look to streamline systems, reduce production costs, and increase profitability without sacrificing product quality. Often, the quickest and easiest way to cut costs is by accepting minimum quality levels or reducing employees. How Can You Reduce Manufacturing Costs? Step 3 – Cost Analysis.

Cost Reduction Strategies 52

Cost Reduction Strategies Waste Reduction Expense Reduction Vendor Strategies 52

Unleashed

DECEMBER 21, 2023

Keep reading to uncover the risks and challenges of inventory management , learn about the types of solutions available, and discover some of the most effective inventory management strategies in modern business. According to Zebra’s Retail Vision Study , reducing stock-outs and overstocks can lower inventory costs by 10%.

Inventory Reduction 52

Inventory Reduction Inventory Management Software Vendor Strategies Cost Reduction Strategies 52

Logility

AUGUST 4, 2023

A successful relationship with your vendor can last many years so companies may embark on supply chain planning implementations once every 10-15 years – or longer. We’re here to spill the proverbial beans – the critical success factors, or essential components, of supply chain planning vendor selection success.

Supply Chain Planning Software 208

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Vendor Strategies 208

GlobalTranz

JANUARY 16, 2019

But, with a well-planned strategy, you too can reduce expenses in your workplace. Still, some losses are a predictable expense and you can’t entirely eliminate them. Reduce Labor Costs Most of your operating budget will go towards labor. Either you reduce pay or find a way to increase work efficiency.

Cost Reduction Strategies 226

Cost Reduction Strategies Expense Reduction Waste Reduction Vendor Strategies 226

SCMDOJO

AUGUST 4, 2023

If so, then it’s time to consider the numerous benefits of reducing inventory. In this article, we’ll explore seven compelling reasons why you should reduce inventory and how it can be a game-changer for your business. But when should you consider reducing inventory? The same applies to inventory reduction.

Inventory Reduction 92

Inventory Reduction Material Savings Cost Reduction Strategies Waste Reduction 92

Logility

APRIL 20, 2022

And they’ve had little to no time to recover from raw material and labor shortages, supplier and factory failures, transportation delays, and rising costs while encountering unpredictable demand. Since 2019, nearly 70% of supply chain leaders have been constantly responding to disruption. Developing Diverse, Resilient Sourcing Strateg ies.

Sourcing Strategies 130

Sourcing Strategies Material Savings Vendor Strategies Inventory Reduction 130

Supply Chain Game Changer

MAY 24, 2022

7 Strategies to Increase Bitcoin Trading Profit! It is the fundamental strategy for finishing up which program to open a record for exchanging bitcoin. This was the essential precise hypothesis transporter of U.S. Best Bitcoin Strategy. Several focuses are likely known to you to change into a helpful vendor.

Vendor Strategies 90

Vendor Strategies Resource Reduction Cost Reduction Strategies Supply Chain Strategy 90

GlobalTranz

JULY 1, 2021

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.

Metrics 315

Metrics Transportation Vendor Strategies Logistics Network Optimization Software 315

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

RFgen

FEBRUARY 15, 2023

Strategy is a critical aspect of supply chain management. By managing processes like planning, sourcing, production, and delivery, companies can reduce costs, safeguard against undue risk, and pivot quickly when faced with the unexpected. Creating a new supply chain strategy can be complicated, if not daunting. Don’t worry.

Vendor Strategies 52

Vendor Strategies Inventory Reduction Cost Reduction Strategies Waste Reduction 52

GlobalTranz

APRIL 25, 2017

Therefore, more companies have partnered with third-party logistics providers ( 3PLs ) to achieve greater supply chain savings and presence in such markets through enhanced transportation management systems ( TMSs ). To maintain your role in the global market, you need to understand how 3PLs contribute to an improve transportation networks.

Cost Reduction Strategies 156

Cost Reduction Strategies Resource Reduction Vendor Strategies Expense Reduction 156

Unleashed

OCTOBER 4, 2023

Shipping and logistics: Selecting the appropriate shipping method, arranging transport, and coordinating with couriers for delivery. Shipping specifically refers to the transportation of goods from one location to another ­– typically from the seller’s distribution centre or warehouse to the buyer’s address.

Inventory Reduction 52

Inventory Reduction Sourcing Strategies Resource Reduction Cost Reduction Strategies 52

Intelligent Audit

JANUARY 6, 2022

As a result, the small retail e-commerce strategy needs to evolve. An effective small retail e-commerce strategy must begin with flexible and diverse payment and shipping options. However, transportation capacity is rapidly approaching a breaking point, driving rates higher than they’ve ever been.

Vendor Strategies 52

Vendor Strategies Cost Reduction Strategies Expense Reduction Price Mitigation Strategies 52

The Logistics of Logistics

FEBRUARY 26, 2024

Ryan is the Vice President, Industry and Growth, at Metafora , the leading business consulting and software development firm that exclusively serves the Transportation, Logistics and Supply Chain space. Ryan is a skilled technologist and strategist who has helped transform many leading transportation and logistics companies.

Logistics Network Optimization Software 240

Logistics Network Optimization Software Freight Supply Chain Software Optimization Software 240

ThroughPut

OCTOBER 14, 2021

It is, therefore, imperative to cut down wastage in terms of both cost and resources by better organizing logistics in the supply chain. . Stockouts arise in the construction industry due to a combination of escalated demand, loss of vendor channels, and legacy systems being used for logistics in a digital world. .

Vendor Strategies 52

Vendor Strategies Inventory Reduction Resource Reduction Cost Reduction Strategies 52

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. You will reduce overhead costs.

Cost Reduction Strategies 120

Cost Reduction Strategies Inventory Reduction Vendor Strategies Material Savings 120

Supply Chain Shaman

APRIL 29, 2024

Technology vendors speak techno geek, and I struggle to name any consultant familiar enough with today’s market to give an objective opinion. I still hold hope that SAP could get serious about supply chain planning, but I have given up on Oracle (with the exception of transportation management.)) The reason? What steps to take?

Supply Chain Planning Software 410

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Forecasting Software 410

Supply Chain Shaman

AUGUST 14, 2016

The client leaned across the table and asked, “Is a customer-centric supply chain strategy the same as a demand-driven supply chain strategy?” Drawing from the Whiteboard: Building Customer-Centric Supply Chain Strategies. It had been a long night. However, I had little time to be tired. ” I smiled.

Material Savings 195

Material Savings Inventory Reduction Price Reduction Cost Reduction Strategies 195

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

crisp

OCTOBER 3, 2023

We’re providing insight on the retail trends surrounding the 2023 holiday season, and how businesses can leverage data-driven strategies to meet them head-on. However, challenges still exist, especially in domestic transportation. In order to meet this upcoming season’s demands, precise holiday planning is crucial.

Waste Reduction 52

Waste Reduction Inventory Reduction Vendor Strategies Resource Reduction 52

Freightos

FEBRUARY 28, 2024

Despite the higher initial sea freight cost to the United States, this combination can ultimately deliver overall savings of 34 cents per kilogram when compared to Dubai…and a two day reduction in transit time. Blog " * " indicates required fields Email * Name This field is for validation purposes and should be left unchanged.

Los Angeles 156

Los Angeles Negotiating Skills Cost Reduction Strategies Price Reduction 156

Unleashed

JANUARY 31, 2023

Lean logistics is a strategy designed to optimise supply chain efficiency by cutting out waste and maximising customer value. Lean logistics is a method of supply chain optimisation that focuses on eliminating wasteful activities from all checkpoints along the supply chain and increasing value for the customer.

Agile and Lean Supply Chain 98

Agile and Lean Supply Chain Waste Reduction Inventory Reduction Cost Reduction Strategies 98

Logistics Viewpoints

APRIL 20, 2021

There’s always been tension with the optimization technologies used for fleets or common carrier transportation. Even when they do, there is the challenge of maintaining optimization configurations as businesses change their strategies and personnel. It’s not that any optimization vendor wants to create complex products.

Optimization Software 165

Optimization Software Modeling Supply Chain Planning Software Price Mitigation Strategies 165

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. Global Shipping Alliances (GSAs) are agreements between shipping companies to share vessels, ports, and resources.

Risk Management 130

Risk Management Negotiating Skills Vendor Strategies Resource Reduction 130

Logistics Viewpoints

JUNE 8, 2023

We’ll explore a few general solutions offered by leading technology platforms that retailers and logistics providers alike should consider: Carrier Allocation: Optimize cost and reduce risk by expanding partnerships with carriers and delivery service providers, improving capacity and flexibility. Cost is an important consideration as well.

Modeling Software 207

Modeling Software Optimization Software Supply Chain Network Software Logistics Network Optimization Software 207

Locus

JUNE 23, 2023

So, knowing more about order fulfillment, its importance, process, and strategies is critical. With an efficient order fulfillment process, businesses can reduce their shipping costs and improve their turnaround times which helps them increase their sales and revenue. Let’s fill in! What is Order fulfillment?

Inventory Reduction 52

Inventory Reduction Cost Reduction Strategies Resource Reduction Vendor Strategies 52

Talking Logistics

JULY 8, 2015

Why is transportation management technology essential for companies to execute their supply chain strategy? He went on to say: At the very least, it will be very difficult to know whether or not you’re succeeding in executing your strategy without a technology that backs it up.

Vendor Strategies 100

Vendor Strategies Prescriptive Analytics Software Price Mitigation Strategies Supply Chain Strategy 100

Freight Plus

MARCH 20, 2020

In this episode, we share 9 ways you as a shipper can reduce the number of chargebacks you are experiencing in your vendor compliance program. Come up with a set of internal metrics that will go towards eliminating problem areas. Work with accounting to review costs directly related to invoice reductions.

Vendor Strategies 52

Vendor Strategies Inventory Reduction Cost Reduction Strategies Inventory Management Software 52

Freight Plus

MARCH 20, 2020

In this episode, we share 9 ways you as a shipper can reduce the number of chargebacks you are experiencing in your vendor compliance program. Come up with a set of internal metrics that will go towards eliminating problem areas. Work with accounting to review costs directly related to invoice reductions.

Vendor Strategies 52

Vendor Strategies Inventory Reduction Cost Reduction Strategies Inventory Management Software 52

SCMDOJO

AUGUST 16, 2023

Introduction The global business landscape has witnessed an increasingly fierce competition, pushing companies to seek effective strategies to maintain and enhance their competitiveness. Among these strategies, the role of supply chain capability stands out as a key factor in driving success.

Inventory Reduction 77

Inventory Reduction Vendor Strategies Supply Chain Planning Software Price Reduction 77