Logistics Viewpoints

JUNE 6, 2022

Transportation is, of course, a major source of green house emissions. 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.

Cost Reduction Strategies 252

Cost Reduction Strategies Price Reduction Supply Chain Planning Software Transportation 252

Locus

JUNE 30, 2023

Those working in shipping and last-mile delivery are all too familiar with the ubiquitous dilemma: cost optimization. Plenty of cost-cutting strategies are being employed by Supply Chain Management leaders, but the potential long-term implications often remain unseen. SaaS vs In-house – ROI Source: Baremetrics 4.

Cost Reduction Strategies 52

Cost Reduction Strategies Resource Reduction Expense Reduction Price Reduction 52

ToolsGroup

OCTOBER 10, 2022

As a plethora of challenges continue to haunt the supply chain, getting a handle on the risks to the business is a step in the right direction—one of the keys to developing a successful inventory control strategy. Inventory Control: 7 Strategies to Ensure High Service Levels and Maximum Profit.

Inventory Reduction 156

Inventory Reduction Cost Reduction Strategies Sourcing Strategies Material Savings 156

Logistics Viewpoints

NOVEMBER 8, 2022

The key to this lies with sourcing. Before diving further, let us define what sourcing is. Sourcing is the practice of finding and selecting suppliers for a range of services (e.g., Traditional sourcing practices tend to be highly manual and are fraught with latencies and inefficiencies. Digitalizing sourcing (i.e.,

Optimal Sourcing 229

Optimal Sourcing Material Savings Sourcing Strategies Sourcing 229

Supply Chain Matters

NOVEMBER 13, 2024

Supply Chain Matters highlights report of ongoing rate price war occurring among FedEx and UPS for the current holiday fulfillment period. with the goal of reducing The established goal is to save $4 billion in costs fiscal 2025, and a cumulative $6 billion in costs by 2027. All rights reserved.

Price Reduction 59

Price Reduction Expense Reduction Cost Reduction Strategies Logistics Network Optimization Software 59

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. Sourcing was both a cost as well as landed cost decision factor. Change of Leadership and Overall Business Strategy.

Sourcing Strategies 105

Sourcing Strategies Cost Reduction Strategies Expense Reduction Inventory Reduction 105

Supply Chain Matters

APRIL 30, 2024

Supply Chain Matters draws reader attention to a published report that depicts how branded company Nike made strategic mistakes in its online distribution strategy during the time of Covid , and how the shoe and athletic goods retailer is still recovering. Last week, added headcount reduction actions were enacted.

Inventory Reduction 52

Inventory Reduction Price Reduction Vendor Strategies Cost Reduction Strategies 52

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 210

Shipping Logistics Network Optimization Software Supply Chain Design Software Predictive Analytics Software 210

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

Unleashed

JANUARY 25, 2023

In these tricky times, smart cash flow management strategies are essential to bring down costs (or push profits) in controllable areas, offsetting international instability. This is achieved through the implementation and continued improvement of cash flow management strategies. To improve cash flow, process optimisation is necessary.

Material Savings 98

Material Savings Inventory Reduction Price Reduction Cost Reduction Strategies 98

Freightos

AUGUST 14, 2023

” ( Source) Global freight, with its blend of structured processes, unpredictable variables and high frequency, is perhaps the most fertile playground for the AI revolution. Specifically, 53% anticipate a limited reduction, while 31% foresee substantial cuts. Entire industries will reorient around it. This is difficult.

Logistics Network Optimization Software 292

Logistics Network Optimization Software Price Reduction Material Savings Logistics 292

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

Freightos

APRIL 25, 2024

e-commerce customers’ love for free shipping. ‘de minimis’ rule, which exempts imports under $800 from customs and makes brokerage fees minimal, they have shipped massive volumes via air cargo. rates soared to about $13/kg due to pandemic-driven demand and reduced capacity. Utilizing the U.S.

Cargo 278

Cargo Cost Reduction Strategies Price Reduction Material Savings 278

ThroughPut

SEPTEMBER 11, 2024

With this release, businesses will be able to proactively prevent inventory failure due to overstocking or understocking of spare parts and kits by identifying opportunities to cancel unnecessary planned orders, directly ship to inventory staging locations, and move existing spare stock faster internally. PR Contact Tina Jacobs pr@throughput.ai

Optimal Sourcing 52

Optimal Sourcing Inventory Reduction Price Reduction Resource Reduction 52

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

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

ThroughPut

JUNE 5, 2024

Now, imagine if Sara’s applied the same supply chain strategy to both of these types of customers and channels. Improved accuracy in stock levels reduces costs associated with overstocking or understocking and enhances customer satisfaction by consistently meeting demand. What Are the Benefits of Customer Segmentation in Supply Chain?

Inventory Reduction 52

Inventory Reduction Material Savings Resource Reduction Sourcing Strategies 52

QAD

JULY 18, 2024

Companies also employ tactics that theoretically reduce costs but, in many cases, generate cost savings in one area while increasing the total landed cost. For example, it is common to incentivize procurement organizations to lower a product’s purchase price variance.

Purchasing Skills 98

Purchasing Skills Cost Reduction Strategies Expense Reduction Material Savings 98

ThroughPut

JUNE 5, 2024

Now, imagine if Sara’s applied the same supply chain strategy to both of these types of customers and channels. This strategy involves dividing your network into segments where demands and supply responses are harmonized to achieve the greatest net profitability. If your answer to one or both of the above is a no, this blog is for you.

Inventory Reduction 52

Inventory Reduction Material Savings Sourcing Strategies Resource Reduction 52

ThroughPut

OCTOBER 10, 2024

As businesses globally focus on reducing lost productivity, costly downtime, and rising inventory expenses, effective spare parts management has become a top priority—especially for asset-intensive industries. Business Continuity Ensuring uninterrupted operations requires sourcing the right parts at the right time and place.

Inventory Reduction 52

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

ToolsGroup

FEBRUARY 9, 2022

And now, you’ve decided to raise the price of my Prime subscription. Amazon Prime’s Price Increase: The Facts at a Glance. On February 3, 2022, Amazon announced its first price increase since 2018. The price for Amazon Prime increased from $119 to $139 per year for annual subscribers (an increase of approximately 17%).

Purchasing Skills 296

Purchasing Skills Price Reduction Retail Supply Chain Planning Software 296

SCMDOJO

DECEMBER 14, 2023

In the global world of businesses, companies often seek help from sourcing agencies to figure out how to get the things they need. But what’s a sourcing agency or sourcing agent and how does it make buying things easier? Let’s explore this world of sourcing agencies and understand what they do.

Purchasing Skills 104

Purchasing Skills Optimal Sourcing Negotiating Skills Sourcing Strategies 104

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

Resilinc

APRIL 17, 2024

Avoid the pitfalls of single sourcing and learn strategies to build a more resilient supply chain. Yet, within the pursuit of efficiency lies a lurking peril: single sourcing. The pandemic was a wake-up call to the dangers of single sourcing. What is single sourcing and sole sourcing?

Sourcing Strategies 96

Sourcing Strategies Optimal Sourcing Manufacturing Procurement Negotiate Pricing 96

SCMDOJO

SEPTEMBER 19, 2024

As a procurement officer, you’ve possibly been in the crosshairs of debate between sourcing locally and regionally versus from low-cost countries endorsed by many executive staff and boards of directors. Every time I was requested to have a target percentage of our purchases from low-cost countries I felt a pit in my stomach.

Purchasing Skills 98

Purchasing Skills Price Reduction Modeling Manufacturing Procurement 98

Logistics Viewpoints

DECEMBER 6, 2023

Media sources are filled with prognostication. 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. Of course, prices tend to jump from supply and demand pressures.

Predictive Analytics Software 295

Predictive Analytics Software GEP Supply Chain Software Price Reduction 295

Unleashed

MAY 4, 2023

An endless aisle strategy can help you overcome the challenges of limited storage and locked-up cash flow. What are the strategies, what are the risks? Endless aisle products can then be shipped directly to the customer or picked up instore at a later date. Retail chains can also use endless aisle kiosks to reduce overheads.

Inventory Reduction 52

Inventory Reduction Material Savings Price Reduction Resource Reduction 52

Freightos

DECEMBER 2, 2021

You might not think about shipping containers and ocean freight when you click “buy” on your Amazon order, but there’s a direct connection between the two. When ocean container rates spike, so do the prices we pay. A Freightos survey of 300+ companies sheds light on how importers have been navigating supply chain disruptions.

Price Reduction 177

Price Reduction Cost Reduction Strategies Freight Supply Chain Planning Software 177

Logistics Viewpoints

JUNE 28, 2024

The end result is a blending of biotechnology and artificial intelligence to help us overcome our feeble human lives by cutting down on human aging as much as possible. It is the company’s largest plastic packaging reduction effort in North America to date and will remove almost 15 billion plastic air pillows from use annually.

Logistics Network Optimization Software 213

Logistics Network Optimization Software Waste Reduction Logistics Price Reduction 213

ToolsGroup

JULY 13, 2023

Trying to manage an effective ship-from-store program only exasperates this issue. A significant addition to our Inventory Hub® product, Dynamic Fulfillment leverages advanced optimization logic to determine what to ship, from where, in real-time, to reduce shipping costs, improve margins, and satisfy empowered customers.

Optimal Sourcing 291

Optimal Sourcing ToolsGroup Optimization Software Network Optimization 291

SCMDOJO

SEPTEMBER 24, 2024

It helps businesses decide whether to produce goods internally (make) or source them externally (buy), weighing costs, quality, scalability, and capacity. Here’s why it matters: Cost Optimization : Internal manufacturing may involve higher upfront investments, but it can reduce long-term production costs.

Optimal Sourcing 97

Optimal Sourcing Analysis Material Savings Supply Chain Software 97

Unleashed

JUNE 8, 2023

Behind every successful product business is a thoughtful procurement strategy designed to optimise the supplier management and purchasing process. This guide answers exactly what is procurement, how procurement works in a business , and which tools and strategies lead to supply chain success.

Procurement Solutions 52

Procurement Solutions Sourcing Strategies Vendor Strategies Material Savings 52

Elementum

JUNE 11, 2018

Fuel price is driven primarily by five factors: demand, refinery maintenance costs, transportation constraints, crude oil prices, and geopolitical disruptions. Due to a combination of these factors, oil and fuel prices are expected to face upward pressure for the remainder of 2018. Reducing Cost By Reducing Carriers.

Price Reduction 68

Price Reduction Cost Reduction Strategies Material Savings Sourcing Strategies 68

GlobalTranz

APRIL 20, 2021

A resilient supply chain incorporates alternative sources, carriers, routes, and other characteristics so that it can flex in response to a situation. Large companies with a supply chain risk strategy already in place couldn’t fully cope with the impact of the pandemic. Tips For Building Supply Chain Resiliency.

Supply Chain Planning Software 288

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

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

Logistics Viewpoints

OCTOBER 18, 2023

Or have these concerns been replaced with cost-price inflation and compressed profit margins? Source: J.P. But cross-border trade is an important part of the global economy and much of this trade is in physical goods that must be stored, shipped, transported, and eventually consumed. But what about now?

Manufacturing Procurement 294

Manufacturing Procurement GEP Purchasing Skills Logistics 294

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