Jan 13, 2025 | Cost, Cost Saving, Videos, warehouse
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…
Dec 30, 2024 | Cost, Cost Saving, LOGISTICS, Videos
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…
Dec 9, 2024 | Cost, Cost Saving, LOGISTICS, Videos
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…
Oct 1, 2024 | Articles, Benchmarking, Cost Saving, Cost to Serve
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…
Sep 16, 2024 | Cost Saving, Cost to Serve, Cost to Supply, Videos
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…
Dec 18, 2023 | Cost Saving, Supply Chain Management, Videos
Your supply chain could be losing money without you knowing. Profit leaks might be happening in areas that are often overlooked. Pinpointing these leaks can be simple once you know what to look for…
