Benchmarking Success Blog
Logistics and Supply Chain news, articles, tips and insights
How to Reduce Warehouse Costs with Warehouse Product Slotting
The goal of product slotting is to reduce unnecessary movement. By placing high-demand products closer to packing or dispatch areas, you can cut down on the time workers spend walking through aisles. When workers don’t have to cover long distances, orders get processed faster, and the whole system runs more smoothly. Many warehouses that implement product slotting see a significant improvement—often up to a 30% reduction in travel time…
How to STOP Order Profitability Leaks – Logistics Costs
In my 30 years of consulting, I’ve seen how poor visibility into customer and product profitability can lead to major cost leaks in logistics and supply chain operations. The reality is that many businesses are unaware of how much money they’re losing through their supply chain because traditional reporting systems don’t give them the necessary insights. In fact, I’d estimate that 10–30% of customer orders in most businesses are actually loss-making, but many organizations don’t recognize it…
Easy Logistics Cost Reduction – But Few People Do This
Let’s break down the complexity of logistics costs. There are so many factors involved, from procurement and inbound shipping to warehousing, inventory management, outbound transport, and delivery. It can feel like you’re juggling too many things at once, making it difficult to know where to focus…
Managing your Supply Chain Team: Interview with Alma Arzate
A strong emphasis was placed on fostering an environment of open communication. Encouraging team members to voice their perspectives enhances collaboration and empowers everyone to contribute their ideas. Sharing thoughts in an open forum helps to break down barriers and build trust within the team…
Warehouse Capacity – How to Increase It and Avoid Moving
As demand increases, many businesses face the challenge of limited warehouse space. Rather than expanding or relocating, optimizing your existing facility might be a more practical solution. A useful guideline is to use around 85% of your warehouse’s total capacity. For example, if your warehouse…
Benchmarking your Order Profitability
Sometimes it can seem like managing Logistics costs is akin to Juggling 20 balls at once! There are so many moving parts. But there is one key area of focus that most business…
Women in Supply Chain – Imposter Syndrome – with Alma Arzate
Imposter syndrome has been a significant challenge throughout my career. Reflecting on my early days in Mexico, I didn’t have strong female…
Cost to Supply v Cost to Serve and Why You Need to Understand It
Knowing your supply costs is essential, just like understanding your service costs. Knowing the expenses influence pricing and efficiency. It will help you make informed decisions that benefi…
How to Reduce Freight Costs – Key Tips Many People Miss
Freight costs remain a significant concern for many businesses. Pressuring freight carriers to lower rates is a common tactic, but it often backfires due to the thin margins…