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…
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…
Does it take long to outsource logistics? The answer varies significantly depending on the operation…
In today’s competitive landscape, optimizing business operations is crucial, especially in the realm of logistics. Every company in this field is constantly searching for ways to streamline processes, reduce costs, and improve efficiency…
Key Performance Indicators (KPIs) in logistics remain a critical and frequently discussed subject. First off, many people fall into the trap of tracking too many KPIs. My advice? Stick to three or four key performance indicators per level in your organization…
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…
Over a relatively short period, a transport or fleet manager’s ability to support an efficient distribution network through route and delivery optimisation has shifted from almost nil to almost limitless…
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…
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…
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…