Blog
Inventory Management Excellence: Some Companies to Learn From
Inventory management is a crucial aspect of supply chain management, and effective strategies can help businesses reduce costs, improve customer service, and increase profits. But what does a great inventory management strategy look like?…
The Big Six in Logistics in 2023
We work with about 200 businesses worldwide each year, giving us insights into current priorities in logistics. Companies aim to balance high service with low cost by improving inventory health, managing warehousing location and capacity, and optimizing transport rates and fleet use…
Fleet Route Optimisation in the Past, Present, and Future
Over a relatively short period, a transport or fleet manager’s ability to support an efficient distribution network through route and delivery optimisation has shifted from almost nil to almost limitless…
Supply Chain Benchmarking with Trent Morris
Supply chain benchmarking covers various areas, but my recent work has been centered on cost benchmarking. With rising industry costs and decreasing demand, companies are keen to understand if their logistics costs are competitive. Cost benchmarking offers a more affordable method to evaluate this compared to traditional RFT or RFP processes…
Energy and Labour Costs: 2 Top Warehousing Challenges in 2023
Recent studies have shown that among the challenges frustrating warehouse and distribution centre managers this year, rising energy and labour costs are two of the most often cited. Of course, there is no quick and easy way to curb increases in the cost of energy and labour, but now is an excellent time to start thinking about practical ways to reduce energy usage and increase labour productivity and efficiency…
Supply Chain Coaching – What is it and Why use a Coach with Trent
Supply chain coaching is a tailored service designed to enhance a company’s supply chain performance. Unlike traditional consulting, coaching focuses on developing the client’s internal team, equipping them with the skills and knowledge needed to handle supply chain tasks independently…
Saving Logistics Costs – Inventory
Looking to cut costs in your supply chain and logistics operations? Let’s take a look at the strategies to cut logistics costs, starting with inventory management. One crucial step is performing an accurate ABC analysis of your inventory. This involves classifying items into A, B, and C categories based on their importance and value…
6 Critical Success Factors in Distribution Network Design
Many logistics professionals involved in distribution network design naturally strive to achieve the best possible results. However, for one reason or another, certain aspects are often overlooked or simply don’t receive enough emphasis during the design process…
What’s Hot in Logistics?
Staying informed about the most recent trends in the logistics industry offers substantial benefits for both your business and your personal expertise. Are you up-to-date with the latest developments and trends shaping the logistics landscape in today’s fast-evolving market? Companies are increasingly adopting advanced inventory management tools and practices. Despite improvements, many still struggle with accurate demand forecasting…
Freight Rates & Reducing Your Logistics Costs
The freight “rate” isn’t the whole story. Attempts to cut freight costs frequently miss the mark by focusing on the wrong aspects. To fully grasp freight rates, you need to analyze rate structures and consignment profiles, as your freight carrier already does. This understanding allows for more strategic cost management. By considering these factors, you can ensure your logistics operations are both cost-effective and efficient, leading to better overall performance and significant savings in the long run…