Benchmarking Success Blog
Logistics and Supply Chain news, articles, tips and insightsEasy Logistics Cost Reduction – But Few People Do This
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. Instead of trying to tackle everything, I suggest narrowing your focus. After more than 30 years of consulting, I’ve found one area that consistently helps organizations reduce costs…
Managing your Supply Chain Team: Interview with Alma Arzate
A strong emphasis was placed on fostering an environment of open communication. Encouraging team members to voice their perspectives enhances collaboration and empowers everyone to contribute their ideas. Sharing thoughts in an open forum helps to break down barriers and build trust within the team…
Warehouse Capacity – How to Increase It and Avoid Moving
As demand increases, many businesses face the challenge of limited warehouse space. Rather than expanding or relocating, optimizing your existing facility might be a more practical solution. A useful guideline is to use around 85% of your warehouse’s total capacity. For example, if your warehouse has 10,000 pallet slots, try to utilize about 8,500. Keeping some space available is essential for smooth operations…
Benchmarking your Order Profitability
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 fail to monitor, and I think it’s the key to reducing Logistics Costs. Check your order profitability now…
Women in Supply Chain – Imposter Syndrome – with Alma Arzate
Imposter syndrome has been a significant challenge throughout my career. Reflecting on my early days in Mexico, I didn’t have strong female role models in supply chain, a field traditionally dominated by men. For instance, when I became a people leader in 2004, I was one of only four women among 104 managers. I often found myself the only woman in the room, which continues to be the case today. Representation is crucial…
Cost to Supply v Cost to Serve and Why You Need to Understand It
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 benefit both your supplier relationships and your operations…
How to Reduce Freight Costs – Key Tips Many People Miss
Freight costs remain a significant concern for many businesses. Pressuring freight carriers to lower rates is a common tactic, but it often backfires due to the thin margins in the transport industry. Instead, focus on creating efficiencies by changing how you manage and present your freight…
Top Tips For A Successful Supply Chain Career with Alma Arzate
From defining supply chain management to sharing essential tips and key traits, this video covers all you need. Join us to explore crucial hiring qualities and get personalized advice…
3PL Logistics: How Quickly Can You Outsource Logistics?
How long does it take? This question arises frequently. The answer varies depending on the circumstances. Let’s examine two contrasting examples: one that spanned an extended period and another that required swift action…