GlobalTranz

SEPTEMBER 13, 2018

The path to perfect implementation of a new e-commerce shipping strategy is not always clear, and it comes with several challenges that can undermine the efficacy and cost-effectiveness of e-commerce. Download White Paper. Minimize product packaging costs and add-ons. Channel-specific processes. Increased risk.

Price Reduction 181

Price Reduction Cost Reduction Strategies Resource Reduction Inventory Reduction 181

ivalua

APRIL 9, 2021

The study reveals how the disruption caused by COVID-19 has transformed procurement and supply chain strategy across the globe, exploring how procurement is helping organisations get back on their feet after the pandemic. Inaccurate data leads to inventory management challenges. Inventory challenges are also slowing cash flow.

Inventory Reduction 130

Inventory Reduction Cost Reduction Strategies Sourcing Strategies Optimal Sourcing 130

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. Download White Paper. GET YOUR COPY HERE.

Inventory Reduction 186

Inventory Reduction Price Reduction Cost Reduction Strategies Supply Chain Strategy 186

ivalua

APRIL 8, 2021

The study reveals how the disruption caused by COVID-19 has transformed procurement and supply chain strategy across the globe, exploring how procurement is helping organizations get back on their feet after the pandemic. Inaccurate data leads to inventory management challenges. Inventory challenges are also slowing cash flow.

Inventory Reduction 130

Inventory Reduction Cost Reduction Strategies Sourcing Strategies Optimal Sourcing 130

Logility

APRIL 3, 2024

The life sciences are integral to the quality of life and lifespan, but the field faces some uniquely difficult inventory challenges. You can then take it a step further with multi-echelon inventory optimization (MEIO), which provides visibility to everything from raw materials, to finished goods.

Supply Chain Optimization 165

Supply Chain Optimization Inventory Reduction Optimization Software Supply Chain Planning Software 165

RFgen

MAY 26, 2023

In the world of inventory management, stockouts and overstocking can be detrimental to business success. Not having the right amount of stock available leads to work stoppages, frustrated customers, lost sales, and increased costs. Overstocking occurs when a business has too much inventory on hand. Got Inventory Problems?

Inventory Reduction 52

Inventory Reduction Sourcing Strategies Material Savings Cost Reduction Strategies 52

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

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. Download the Guide. Some examples of how to meet customer demand and stay agile include: Storing inventory in several distribution centers.

Agile and Lean Supply Chain 119

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

Logility

AUGUST 31, 2023

In most cases, their legacy ERP or supply chain solutions cannot support the real-time, frequent forecasting and inventory planning needed to get ahead of margins pressures, rising costs, and shifts in consumer demand. Batch manufacturing is more controlled and optimized, improving inventory turns and production scheduling efficiency.

Consumer Goods 183

Consumer Goods Network Optimization Software Optimal Sourcing Inventory Reduction 183

RFgen

FEBRUARY 15, 2023

Strategy is a critical aspect of supply chain management. Its execution directly impacts cost, quality, and the delivery of goods and services. 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.

Vendor Strategies 52

Vendor Strategies Inventory Reduction Cost Reduction Strategies Waste Reduction 52

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. The focus is on channel data: price; inventory positions; and policies. Channel Sensing.

Material Savings 189

Material Savings Inventory Reduction Price Reduction Cost Reduction Strategies 189

RFgen

APRIL 12, 2024

Managing inventory costs is a constant struggle. Between rising costs for materials and endemic labor shortfalls in the warehouse, many supply chain professionals may feel trapped in an endless cycle of shrinking profit margins. Managing inventory costs is important because high inventory costs can erode the bottom line.

Inventory Reduction 81

Inventory Reduction Cost Reduction Strategies Purchasing Skills Optimal Sourcing 81

RFgen

AUGUST 14, 2024

These technologies work together to provide real-time data on the location and movement of inventory within a warehouse, enabling better management and operational efficiency. Optimized Yard Operations: Efficiently managing trailer movements, reducing congestion, and minimizing wait times.

Inventory Reduction 71

Inventory Reduction Supply Chain Design Software Inventory Management Software Optimization Software 71

RFgen

APRIL 30, 2024

The answer lies in modern inventory management best practices. Specifically, the use of perpetual inventory systems. What is a perpetual inventory system? Perpetual inventory management relies on technology to track inventory with timely data and a high degree of accuracy. Or reduce carrying costs.

Inventory Management Software 85

Inventory Management Software Inventory Reduction Supply Chain Planning Software Optimization Software 85

Locus

JUNE 16, 2023

Customer satisfaction and keeping costs in check rests on optimal last-mile delivery operations. Naturally, the costs of meeting such expectations, especially on the delivery front are also increasing. The biggest challenge that logistics providers face is rising last-mile carrier delivery costs. These include: 1.

Cost Reduction Strategies 98

Cost Reduction Strategies Expense Reduction Price Reduction Inventory Reduction 98

DELMIA Quintiq

JULY 31, 2023

Some consumers also switched to lower-cost meats or cuts, or cheaper store brands. This could have important strategic implications for retailers and F&B companies, including pricing strategies, marketing, promotion, product mixes and volume expectations. What is an example of sustainable food?

Sourcing Strategies 156

Sourcing Strategies Supply Chain Planning Software Waste Reduction Price Reduction 156

ToolsGroup

NOVEMBER 23, 2021

Much of the world is clamoring for finished products from their usual suppliers; but dwindling cargo space, skyrocketing transportation costs, and component delays make it difficult to keep shelves stocked. 7 practical strategies to minimize risk and manage supply chain shortages. Get your product portfolio in shape.

Supply Chain Planning Software 291

Supply Chain Planning Software Scenario Planning Inventory Reduction Supply Chain Software 291

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

GlobalTranz

APRIL 20, 2021

Large companies with a supply chain risk strategy already in place couldn’t fully cope with the impact of the pandemic. It’s the result of a deliberate strategy that may require tradeoffs compared to other approaches. The coronavirus disruptions highlighted the stressed nature of lean and just-in-time inventories.

Supply Chain Planning Software 288

Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Design Software Sourcing Strategies 288

AIMMS

OCTOBER 17, 2023

Understand the ROI of a decarbonized supply chain Before looking into funding, understand the return on investment (ROI) that decarbonization offers: Cost Savings: Improved energy efficiency and waste reduction can lead to significant cost savings eventually. Load Optimization: Ensure containers are filled to reduce trips.

Optimal Sourcing 156

Optimal Sourcing Supply Chain Planning Software Modeling Waste Reduction 156

SCMDOJO

NOVEMBER 9, 2023

Understanding the most valuable inventory control techniques, along with utilizing inventory control template Excel, is essential if you want to ensure effective inventory management. The primary goal of inventory control is to reduce the costs associated with holding stock.

Inventory Reduction 83

Inventory Reduction Expense Reduction Cost Reduction Strategies Optimal Sourcing 83

RFgen

AUGUST 14, 2024

These technologies work together to provide real-time data on the location and movement of inventory within a warehouse, enabling better management and operational efficiency. Optimized Yard Operations: Efficiently managing trailer movements, reducing congestion, and minimizing wait times.

Warehousing 74

Warehousing Inventory Reduction Supply Chain Design Software Inventory Management Software 74

Supply Chain Movement

JULY 23, 2013

2013 Trends and Strategies in Logistics and Supply Chain Management: Embracing Global Logistics Complexity to Drive Market Advantage. The key results of this study by BVL International on trends and strategies in logistics and supply chain management are summarized, as follows. Cost pressure: Customers continue to expect low costs.

Cost Reduction Strategies 150

Cost Reduction Strategies Material Savings Inventory Reduction Logistics Network Optimization Software 150

Freightos

JANUARY 15, 2024

The implication for global freight beyond the now typical uncertainty is predictably elevated operational costs and soaring freight rates. The decrease in logistics costs led 35% of importers to lower their product prices, possibly contributing to the easing of inflation rates. The regression in pricing wasn’t just due to lower demand.

Negotiating Skills 317

Negotiating Skills Optimal Sourcing Price Reduction Cost Reduction Strategies 317

Logility

OCTOBER 19, 2023

In addition, a considerable portion of freight transportation expenses continues to soar as diesel fuel costs surge by 20% year over year. To gain control over their costs and pricing, supply chain leaders must capitalize on the recent stabilization of production capacity and inventory levels.

Network Optimization Software 130

Network Optimization Software Modeling Network Optimization Supply Chain Network Software 130

Vanguard Software

MAY 11, 2021

Download White Paper. In contrast, too much supply translates into high inventory costs, waste, and spoilage. This has resulted in reduced manual work and improved forecast accuracy of consumer demand. Digital Planning for a Customer Driven Supply – Chain Strategy. Download Industry Sheet.

Supply Chain Planning Software 52

Supply Chain Planning Software Waste Reduction Inventory Reduction Cost Reduction Strategies 52

GlobalTranz

FEBRUARY 18, 2022

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.

Trends 227

Trends Resource Reduction Cost Reduction Strategies Inventory Reduction 227

ThroughPut

SEPTEMBER 20, 2024

million savings per year in logistics costs Download the complete retail logistics optimization case study below. million savings per year in logistics costs Download the complete retail logistics optimization case study below. The client thus faced the following major challenges related to DC shipment management.

Optimal Sourcing 52

Optimal Sourcing Optimization Software Logistics Network Optimization Software Supply Chain Optimization 52

Vanguard Software

MAY 11, 2021

In contrast, too much supply translates into high inventory costs, waste, and spoilage. This has resulted in reduced manual work and improved forecast accuracy of consumer demand. Digital Planning for a Customer-Driven Supply Chain Strategy. Download Webinar Recording.

Waste Reduction 52

Waste Reduction Supply Chain Planning Software Inventory Reduction Cost Reduction Strategies 52

ToolsGroup

MAY 11, 2022

While most companies started 2022 with a positive business outlook, they remain extremely concerned about external factors that have impacted supply chain planning strategies in the last two years. Supply chain delays (25%), surging inflation (24%) and escalating fulfillment costs (19%) top the list of external concerns.

Purchasing Skills 295

Purchasing Skills Buyer Training Supply Chain Software Supply Chain Planning Software 295

Logistics Viewpoints

JUNE 30, 2022

With our supply chains clogged and retail inventories piling up, we have a situation wherein the huge imbalances between demand and supply at the product mix level can have an adverse impact on product availability for B2B and B2C companies alike, especially as we start heading to the holiday season. Not really. in October 2021. A ratio of 1.5

Supply Chain Planning Software 221

Supply Chain Planning Software Supply Chain Design Software Modeling Supply Chain Software 221

DELMIA Quintiq

APRIL 21, 2020

For example, is your safety stock at the right level or is it leading to unnecessary costs? Reduced severity of disruptions. While it’s not easy to perform risk identifications, assessments, probability calculations and remediation planning (avoidance, reduction, recovery), it is vital and the rewards are worth it.

Modeling 302

Modeling Agile and Lean Supply Chain Supply Chain Disruption Optimal Sourcing 302

Vanguard Software

JUNE 29, 2021

Download Solution Brochure. Here are some strategies planners can use now to get ahead in the new normal. Right-sizing inventory. Being able to avoid inventory overages and shortages begins with a better forecast and requires a smarter inventory strategy. Vanguard Predictive Planning Solution Brochure.

Forecasting 52

Forecasting Inventory Reduction Material Savings Cost Reduction Strategies 52

Veridian Solutions

SEPTEMBER 26, 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. Download WhitePaper.

Inventory Reduction 49

Inventory Reduction Price Reduction Cost Reduction Strategies Supply Chain Strategy 49

GlobalTranz

NOVEMBER 17, 2021

Capacity constraints in truckload and parcel have created spillover into the LTL market, resulting in a need for more peak shipping season surcharges and costs. Fuel costs are rising, and the infrastructure bill has finally passed. The end result of this confluence is higher costs. Download Report. Longer transit times.

Shipping 232

Shipping Cost Reduction Strategies Industry Industrial 232

GlobalTranz

JANUARY 26, 2018

No one wants to think about lost warehouse inventory, and it can be organizationally frustrating to determine the best process to find, research, and rectify inventory discrepancies. Download ebook. Warehouse managers, on the other hand, have their own job to do: fulfill orders cost-effectively.

Inventory Reduction 200

Inventory Reduction Price Reduction Warehousing Inventory 200

RFgen

JUNE 22, 2023

Unlocking the synergy between consulting services, ERP systems, and inventory management is the key to creating a powerhouse of efficiency. This can range from advising on strategies for enhancing an ERP platform to methods of streamlining stock control. Together, consulting and inventory management improve efficiency.

Inventory Management Software 77

Inventory Management Software Supply Chain Planning Software Supply Chain Design Software Optimization Software 77