Supply Chain Secrets Blog
Logistics and Supply Chain news, articles, tips and insights
Is Your Supply Chain Leaking Cash?
Your supply chain might be losing money without you even realizing it. Yes, it’s leaking profit! Identifying these leaks can be challenging, as they often go unnoticed amidst the day-to-day operations…
The Big Six in Logistics in 2023
In today’s dynamic business environment, companies face several pressing challenges that impact their operational efficiency and cost management. Addressing these issues effectively can lead to significant improvements in performance and profitability…
Supply Chain Coaching – What is it and Why use a Coach with Trent
Supply Chain Coach is akin to any other coach, aiming to enhance a company’s supply chain performance. The coaching process involves various aspects: guiding companies through unknown territories, optimizing underperforming processes, and even training junior management to prepare future leaders. This multifaceted approach helps organizations of all sizes…
Saving Logistics Costs – Inventory
When it comes to supply chain and logistics operations, cutting costs is essential for both our clients and our own businesses. Do you know how effective inventory management can slash logistics expenses? Given the current emphasis on cost reduction, this topic is crucial…
What’s Hot in Logistics?
Let’s dive into the current trends in logistics. You might be surprised by what’s capturing attention in the industry. During COVID, many businesses overstocked inventory to combat supply disruptions. Now, the focus has shifted to reducing excess inventory while managing tighter demand…
Freight Rates & Reducing Your Logistics Costs
The freight “rate” is only part of the equation. Many people miss key elements when trying to cut freight costs. To understand freight rates fully, you need to look at rate structures and consignment profiles. Your freight carrier already considers these factors to optimize logistics and ensure competitive pricing…
Supply Chain Secrets – Subscriber Thank You + Giveaway
I want to express my heartfelt gratitude for your ongoing support. As we look ahead, we’re excited to bring you even more engaging and informative content. We’d love for you to share your thoughts in our survey. As a thank you, for every completed survey, we’ll provide fresh, life-saving water to 10 people in Ethiopia. Plus, we’ll enter 10 respondents into a draw for a special prize…
Current Logistics Outsourcing Challenges
Outsourcing logistics is no longer as straightforward as it once was. There are several reasons for this. The first big issue is the shortage of people. We’re missing drivers, warehouse staff, and admin workers. This shortage complicates smooth operations…
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…
How to Pick a Logistics Outsourcing Partner?
Choosing the right Logistics Outsourcing partner is crucial for the success of your business. It’s essential to evaluate their experience, reliability, and ability to scale with your needs. Consider how well they understand your industry and their track record in delivering consistent results…