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

Supply Chain Game Changer

AUGUST 21, 2022

A solid supply chain and logistics strategy is essential for large companies. Using a logistics-oriented strategy helps companies better understand their suppliers, improve customer service, and optimize shipping. Smart logistics strategies can reduce wastage and improve operational costs. Subscribe Here! Email Address.

Inventory Reduction 104

Inventory Reduction Price Reduction Cost Reduction Strategies Material Savings 104

BlueYonder

OCTOBER 6, 2023

“Never let a good crisis go to waste.” Building strategic relationships, enhancing collaboration with logistics providers or 3PLs, and internalizing 3PL/4PL functions to gain more control over logistics operations are all strategies that contribute to supply chain resilience.

Waste Reduction 84

Waste Reduction Inventory Reduction Automotive Cost Reduction Strategies 84

ShipBob

JANUARY 15, 2024

To top it all off, it poses a serious challenge for sustainable practices, as unsold products contribute to waste and environmental concerns. 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. What is inventory glut?

Inventory Reduction 52

Inventory Reduction Price Reduction Cost Reduction Strategies Waste Reduction 52

Unleashed

JULY 25, 2021

Over a third of the world’s food produce and products are wasted. Food waste accounts for eight percent of global greenhouse gases and has significant environmental and economic impacts. billion tonnes of food – over $9 billion worth – goes to waste each year. What is food waste management?

Waste Reduction 98

Waste Reduction Food Inventory Reduction Material Savings 98

ThroughPut

MARCH 30, 2021

Making Zero Waste Supply Chain A Possibility in the Food Industry with AI. Between 33-50% of food produced globally is never eaten, and this wasted food is worth over $1 trillion. According to BCG , by 2030 annual food loss and waste will hit 2.1 Waste to Wealth – Creating a Zero-Waste Supply Chain Model.

Waste Reduction 126

Waste Reduction Supply Chain Planning Software Resource Reduction Supply Chain Software 126

Supply Chain Game Changer

NOVEMBER 14, 2018

Certainly we should all reduce, reuse and recycle and it applies everywhere! As such we have the direct or indirect ability to take actions which can promote environmental sustainability, reduce carbon footprint impacts, and drive the creation of the Green Supply Chain. Supply Chain Carbon Footprint Reduction.

Waste Reduction 59

Waste Reduction Material Savings Resource Reduction Cost Reduction Strategies 59

Unleashed

MAY 7, 2024

It’s a blend of innovative technologies and eco-friendly practices that companies might implement, including the use of renewable energy sources, recycled materials, and more durable product designs which are easier to repair. By implementing sustainable manufacturing strategies, manufacturers can significantly reduce environmental impact.

Manufacturing Procurement 52

Manufacturing Procurement Waste Reduction Material Savings Resource Reduction 52

Unleashed

MAY 15, 2023

Wholesalers and manufacturers need effective B2B strategies to sustain business growth and beat the competition. From targeted email campaigns to inventory management integrations, we’ll outline how you can develop strong B2B CRM strategies to improve business performance and achieve predictable growth. What is a B2B CRM strategy?

Inventory Reduction 105

Inventory Reduction Sourcing Strategies Waste Reduction Manufacturing Procurement 105

DELMIA Quintiq

JULY 31, 2023

A Deloitte study identified trends such as buying based on what food was already at home and buying only what was essential in an effort to waste less food. Some consumers also switched to lower-cost meats or cuts, or cheaper store brands. What is an example of sustainable food?

Sourcing Strategies 156

Sourcing Strategies Supply Chain Planning Software Waste Reduction Price Reduction 156

Unleashed

APRIL 18, 2024

Any opportunity to minimise waste and reduce your business costs means greater revenue, higher profits, and happier customers. Just-in-time manufacturing is a strategy that directly aligns raw-material supply deliveries with production schedules to increase efficiency and decrease waste. Here’s how it works.

Just-in-Time 52

Just-in-Time Manufacturing Procurement Waste Reduction Inventory Reduction 52

Supply Chain Game Changer

OCTOBER 6, 2022

Optimizing Waste Management in the Warehouse! It’s a fact that recycling and better waste management are important to the environment. Recycling keeps materials out of landfills, which reduces their size and helps them decompose more quickly. Convert Waste Into Raw Materials. Email Address.

Waste Reduction 97

Waste Reduction Material Savings Sourcing Strategies Resource Reduction 97

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 91

Inventory Reduction Material Savings Cost Reduction Strategies Waste Reduction 91

Precoro

DECEMBER 11, 2023

To enhance their competitive edge, companies across industries are adopting a key tactic: strategic sourcing. Strategic sourcing is a holistic approach to supply chain management that includes tactics for optimizing the total cost of ownership, improving supplier relationships, and ensuring long-term value creation.

Negotiating Skills 105

Negotiating Skills Purchasing Skills Optimal Sourcing Sourcing Strategies 105

ToolsGroup

JULY 5, 2023

This is the latest of the company’s significant strides toward making supply chains a force for good by helping organizations improve service levels, reduce excess stock, eliminate waste, and increase profits. Thanks to built-in automation, customers cut the planning workload by up to 90% and reduce waste by 10-30%.

ToolsGroup 156

ToolsGroup Optimal Sourcing Waste Reduction Inventory Reduction 156

ivalua

JANUARY 30, 2023

Scope 3 emissions are the largest source of greenhouse gas (GHG) emissions for an organization–extracted from a wide range of activities–including purchased goods and services, waste disposal, capital goods, and business travel. Formalize the reporting of Scope 3 emissions, reduction targets, progress, etc. POs, and invoices).

Procurement Analytics 130

Procurement Analytics Waste Reduction Vendor Strategies Optimal Sourcing 130

ivalua

JANUARY 30, 2023

Scope 3 emissions are the largest source of greenhouse gas (GHG) emissions for an organization–extracted from a wide range of activities–including purchased goods and services, waste disposal, capital goods, and business travel. Formalize the reporting of Scope 3 emissions, reduction targets, progress, etc. POs, and invoices).

Procurement Analytics 130

Procurement Analytics Waste Reduction Vendor Strategies Optimal Sourcing 130

Supply Chain Game Changer

APRIL 21, 2020

A “Don’t Touch” Strategy will Dramatically Lean out your Supply Chain! The overarching strategy for limiting exposure to, and spreading of, the Coronavirus is that of Social Distancing. One approach is to develop and deploy Don’t Touch Supply Chain strategies! Subscribe Here! Email Address.

Waste Reduction 91

Waste Reduction Inventory Reduction Cost Reduction Strategies Material Savings 91

ModusLink Corporation

APRIL 22, 2024

Introduction: In today’s interconnected world, businesses are seeking agile and cost-effective strategies to meet the demands of an ever-evolving market. Dynamic inventory optimization to minimize lead times and reduce costs. Cost-saving initiatives such as lean manufacturing and waste reduction strategies.

Electronics 78

Electronics 3PL Optimal Sourcing Waste Reduction 78

QAD

AUGUST 12, 2021

If you’re reading this blog in 2021, you know about the increasing importance of sustainability and reduced environmental impact with fires in the western US, excessive flooding in Europe and a recent Canadian heat wave. The benefits go beyond brand allegiance to include: Improved operational efficiency with reduced waste and costs.

Waste Reduction 98

Waste Reduction Resource Reduction Material Savings Inventory Reduction 98

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

ToolsGroup

JULY 12, 2023

Retailers can now supercharge their OMS with Dynamic Fulfillment’s advanced optimization logic that reduces markdowns and shipping costs, improves margins, and satisfies customer SLAs. Customers report a 5% improvement in revenue growth and up to 25% increase in planning efficiency, on top of double-digit reductions in lost sales.

Optimal Sourcing 156

Optimal Sourcing ToolsGroup Real-time Visibility Optimization Software 156

Saleswarp

MARCH 20, 2023

A sustainable supply chain integrates environmentally friendly practices throughout the entire process, from sourcing raw materials to product delivery. It not only ensures that operations are environmentally friendly, but it can reduce costs and even increase customer loyalty.

Waste Reduction 52

Waste Reduction Sourcing Strategies Material Savings Cost Reduction Strategies 52

SupplyShift

JUNE 2, 2023

With a particular focus on plastic pollution and packaging waste , this call to action is not just ethically driven, but also mandated by legislative acts like the EU Packaging and Packaging Waste Directive (PPWD), which will become an EU-wide binding rule known as the Packaging and Packaging Waste Regulation (PPWR).

Waste Reduction 52

Waste Reduction Packaging Material Savings Expense Reduction 52

Logistics Viewpoints

APRIL 3, 2024

Across the globe, companies continue to pledge to reduce their emissions, capture their emissions, and help to reduce the negative impacts of climate change. Scope 1 emissions include all direct emissions that are generated from sources that are directly owned or controlled by an organization.

Manufacturing Procurement 226

Manufacturing Procurement Sustainability Manufacturing Supply Chain Design 226

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.

Vendor Strategies 52

Vendor Strategies Inventory Reduction Cost Reduction Strategies Waste Reduction 52

OptiProERP

NOVEMBER 3, 2022

Forty-two percent of SMBs consider digital transformation a central part of their organizational strategy. Developing an Effective Digital Transformation Strategy. A digital transformation strategy is a detailed plan to improve business operations. And as stated earlier, it isn’t only large companies transforming.

Sourcing Strategies 52

Sourcing Strategies Inventory Reduction Cost Reduction Strategies Waste Reduction 52

Oracle SCM

JULY 12, 2017

Supply chain executives were under pressure to develop more efficient, customer-centric supply chains while finding innovative ways to reduce costs and enable growth. They prioritized projects that reduced inventory and logistics expenses. What are the strategies that helped the best survive? FREE EBOOK.

Inventory Reduction 163

Inventory Reduction Resource Reduction Price Reduction Cost Reduction Strategies 163

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

The UCLA Anderson Global Supply Chain Blog

SEPTEMBER 24, 2018

Everyone knows the giant superstore for its low-cost strategy and “everyday low prices.”. What people do not know is how efficient Walmart’s supply chain needs to operate to keep up with its cost strategy. With such a large and complex network, managing it end-to-end is challenging and food waste becomes a major problem.

Waste Reduction 60

Waste Reduction Cost Reduction Strategies Price Reduction Supply Chain Software 60

Elementum

MAY 29, 2018

Last weekend was one of the country's biggest BBQ blowouts, and you can bet that a lot of that food will go to waste. Food waste is a year-round problem. Just how much food goes to waste each year, and why? One-third of edible food worldwide is wasted, amounting to about 1.3 billion tons every year.

Waste Reduction 60

Waste Reduction Food Material Savings Resource Reduction 60

Elementum

AUGUST 28, 2017

One-third of edible food worldwide goes to waste, amounting to about 1.3 If food waste were a country, it would be the third largest emitter of greenhouse gases next to China and the U.S. Meanwhile, more than 40% of food waste in affluent countries are at the retail and consumption level. billion tons every year.

Waste Reduction 68

Waste Reduction Material Savings Food Resource Reduction 68

Logility

JUNE 12, 2023

Supply chain sustainability is the integration of environmentally and socially responsible practices into supply chain management, aimed at reducing the environmental and social impact of the supply chain while also creating long-term value for all stakeholders.

Material Savings 130

Material Savings Waste Reduction Sustainability Resource Reduction 130

OptiProERP

NOVEMBER 14, 2023

Manufacturers can showcase their commitment to manufacturing sustainability by tracking and reporting environmental metrics, such as reduced carbon emissions, efficient resource utilization, and eco-friendly materials usage. Waste prevention is a business strategy from which any company can benefit, regardless of size or type.

Manufacturing Procurement 52

Manufacturing Procurement Waste Reduction Material Savings Resource Reduction 52

EC Sourcing Group

FEBRUARY 8, 2023

Legacy sourcing methods work against you. From lost opportunities to higher costs, outdated sourcing methods and traditional sourcing strategies can impede your success and the growth of your business. Sourcing Strategies in Procurement: What Is Traditional Sourcing?

Optimal Sourcing 52

Optimal Sourcing Purchasing Skills Sourcing Strategies Negotiating Skills 52

Enterra Insights

NOVEMBER 8, 2023

The plus side to this model is reduced inventory and cost savings because less storage space is required. With this model, inventories are increased, alternative sources of parts are sought, and disruptions are mitigated, which ends up costing companies in the long-term, too. Both models have been used for decades in the industry.

Resource Reduction 130

Resource Reduction Supply Chain Software Modeling Software Inventory Reduction 130