Benchmarking Success Blog
Logistics and Supply Chain news, articles, tips and insights
Saving Logistics Costs – Inventory
This topic is especially relevant now, as many are looking to cut costs. Effective inventory management can significantly reduce logistics expenses. One of the fundamental steps in managing inventory is conducting a proper ABC analysis…
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…
What’s Hot in Logistics?
Understanding the latest trends in the logistics industry gives you and your company a strong advantage. Do you know what’s happening in logistics right now? Inventory management has become paramount. During the COVID-19 pandemic, companies stockpiled goods, leading to an overabundance of inventory. Now, businesses are striving to reduce these levels…
Freight Rates & Reducing Your Logistics Costs
It’s a mistake to think it’s all about the freight “rate.” Efforts to reduce freight costs often miss important considerations. One significant mistake is when freight rates do not align with your actual shipping profile and volume…
Supply Chain Secrets – Subscriber Thank You + Giveaway
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Current Logistics Outsourcing Challenges
Outsourcing logistics has become trickier. One major problem is the shortage of equipment. In the past, acquiring trucks and other essential equipment was relatively quick…
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…
How to Pick a Logistics Outsourcing Partner?
Choosing the right logistics outsourcing partner is crucial for success. Surprisingly, many companies get this wrong by not taking enough time to carefully evaluate their options. Logistics outsourcing has become more complicated due to industry challenges like driver shortages and limited warehouse space…
Do You Really Need a New Warehouse?
Thinking of building a new warehouse? Before you do, consider whether you really need one because optimizing your current warehouse can also provide the improvements you’re looking for. By rethinking layout and processes, you can enhance efficiency and capacity without the costs of a new build…