Blog
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…
Supply Chain Secrets – Subscriber Thank You + Giveaway
I need your help to improve the channel. I’ve put together a short survey, which you’ll find in the video description and pinned in the comments. It covers your video preferences and topics of interest. Your feedback will help us create content that you want to see…
Current Logistics Outsourcing Challenges
Today’s logistics outsourcing brings new problems. Businesses are often forced to make adjustments and compromises. With the ideal logistics providers either unavailable or unable to meet all requirements, companies need to adapt their expectations. They might have to work with less-than-ideal partners and adjust their logistics strategies to fit the current constraints. This can lead to less optimal solutions…
How to Pick a Logistics Outsourcing Partner?
Choosing the right logistics outsourcing partner is one of the most crucial decisions your company can make. It may sound straightforward, but many organizations still get it wrong by rushing through the process and not focusing on what truly matters. When selecting a logistics partner, it’s essential to choose one with extensive experience in your specific industry…
Cost to Serve Analysis—And the Costs of Neglecting It
Have you conducted a cost-to-serve (CTS) analysis for your enterprise? Many companies have never drilled down into the costs involved in selling specific SKU categories, individual SKUs, or providing particular services connected with those sales, to specific customers or customer categories. And that is the sole purpose of cost-to-serve analysis…
Do You Really Need a New Warehouse?
Many believe a new warehouse is the solution, but is it? Most of the time, optimizing your current space is a better option. Running out of space often stems from holding excessive inventory. The pandemic led many businesses to increase stock to cope with supply chain uncertainties. Now that conditions have stabilized, some companies still hold more inventory than needed…
Ecommerce Inventory Management: Challenges & Solutions
Effective inventory management has become increasingly crucial for businesses in this fast-paced and rapidly evolving era of ecommerce. Moreover, the ecommerce explosion has brought new and unique challenges that complicate inventory management for enterprises selling online…