Cost

How to Reduce Warehouse Costs with Warehouse Product Slotting

How to Reduce Warehouse Costs with Warehouse Product Slotting

The primary aim of product slotting is to enhance productivity by reducing travel time for pickers. For example, fast-moving products should be placed closer to the staging or packing areas, where they’re picked more frequently. This minimizes the distance that workers must walk, cutting down on the time spent retrieving products and allowing more orders to be processed each day. The benefits of product slotting are significant. In warehouses where this practice has been implemented correctly, businesses have seen productivity increases of 10% to 30%…

How to STOP Order Profitability Leaks – Logistics Costs

How to STOP Order Profitability Leaks – Logistics Costs

Customer and product profitability might not seem like the most exciting topic—until you realize how much it affects your bottom line. Over the years, I’ve seen countless businesses lose money on customer orders without even knowing it, all because they lack proper visibility. The problem often gets shelved because it feels too difficult to fix. Addressing loss-making products or customers requires cross-functional collaboration, and that’s where things start to fall apart…

Easy Logistics Cost Reduction – But Few People Do This

Easy Logistics Cost Reduction – But Few People Do This

Reducing logistics costs can seem overwhelming, with so many factors to consider and constant pressure to deliver results. However, focusing on just on specific area can drive significant savings. Let me start by showing you a diagram that helps explain why logistics cost reduction can feel overwhelming. Imagine senior executives pushing you to cut costs, and you’re faced with so many areas to consider…

3PL Bidding Tips

3PL Bidding Tips

3PLs (Third Party Logistics) companies make fundamental mistakes when replying to Request for Proposal and/or Request for Tender. Here are the things you need to know to respond appropriately to a 3PL RFT / RFP. Timing Get into the data Ask Questions ??? ??? ??? ???...