E-book: The uncharted frontier in optimizing freight costs

Over several decades, a considerable amount of effort has been directed at achieving optimizations on the downstream part of supply chain. The uncharted waters in supply chain optimization are upstream. In this e-book we explore all of the various components of the total cost of goods.

Chapter 1:

The uncharted frontier in optimizing cost of goods

An overview of optimizing total costs of goods (TCOG) on the upstream side, with specific focus on three areas – product design, location (manufacturing facilities, sourcing) and freight costs. We present strategies and tactics for cost-reductions, along with how freight costs need to be factored into decisions on product design and location. We also discuss how greater visibility is critical to achieving cost optimizations.

Chapter 2:

Reducing the Total Cost of Goods through strategic sourcing

A look at the various considerations pertinent to choosing locations for sourcing and manufacturing. What are the principles behind strategic sourcing? Are there situations where near sourcing isn’t the answer? How do Free Trade Agreements (FTAs) impact sourcing decisions, doing due diligence on suppliers (and their suppliers), and in following the rules of origin, among others? We also present a structured approach on how companies should undertake strategic sourcing.

Chapter 3:

Impact of Emerging Technologies on the Supply Chain and Product Costs

The Internet of Things (IoT) and 3D printing – two key technologies impacting supply chains and freight cost management. We evaluate the importance of creating data visibility at the product design level and the opportunity it creates to reduce freight costs. In addition, we explore the need for visibility through IoT at the procurement stage – a further avenue for companies to manage supply chain and freight costs.

Chapter 4:

Digitization of Supply Chains: the opportunities
being overlooked

How organizational cultures need to evolve to take advantage of digitization and supply chain visibility. We present case studies and best practices on some companies that are at the leading edge in this respect and also recommend a systematic, data-driven approach to analyzing freight costs.

Chapter 1:

The uncharted frontier in optimizing cost of goods

An overview of optimizing total costs of goods (TCOG) on the upstream side, with specific focus on three areas – product design, location (manufacturing facilities, sourcing) and freight costs. We present strategies and tactics for cost-reductions, along with how freight costs need to be factored into decisions on product design and location. We also discuss how greater visibility is critical to achieving cost optimizations.

Chapter 3:

Impact of Emerging Technologies on the Supply Chain and Product Costs

The Internet of Things (IoT) and 3D printing – two key technologies impacting supply chains and freight cost management. We evaluate the importance of creating data visibility at the product design level and the opportunity it creates to reduce freight costs. In addition, we explore the need for visibility through IoT at the procurement stage – a further avenue for companies to manage supply chain and freight costs.


Chapter 2:

Reducing the Total Cost of Goods through strategic sourcing

A look at the various considerations pertinent to choosing locations for sourcing and manufacturing. What are the principles behind strategic sourcing? Are there situations where near sourcing isn’t the answer? How do Free Trade Agreements (FTAs) impact sourcing decisions, doing due diligence on suppliers (and their suppliers), and in following the rules of origin, among others? We also present a structured approach on how companies should undertake strategic sourcing.

Chapter 4:

Digitization of Supply Chains: the opportunities
being overlooked

How organizational cultures need to evolve to take advantage of digitization and supply chain visibility. We present case studies and best practices on some companies that are at the leading edge in this respect and also recommend a systematic, data-driven approach to analyzing freight costs.

Download the e-book to learn more about:

Strategies and tactics for supply chain cost reductions
Strategies and tactics for supply chain cost reductions

Strategies and tactics for supply chain cost reductions

Efficiency opportunities in your upstream processes
Efficiency opportunities in your upstream processes

Efficiency opportunities in your upstream processes

The importance of product design and strategic sourcing
The importance of product design and strategic sourcing

The importance of product design and strategic sourcing

A structured approach to sourcing your supply chain
A structured approach to sourcing your supply chain

A structured approach to sourcing your supply chain

Optimizing freight costs through data analytics
Optimizing freight costs through data analytics

Optimizing freight costs through data analytics

How organizational cultures can take advantage of digitization
How organizational cultures can take advantage of digitization

How organizational cultures can take advantage of digitization

About the authors and contributors

Michael Nielsen
Michael Nielsen

Michael Nielsen

A highly skilled Supply Chain and Business Development professional with 15 years of experience with Fortune 100 companies. He has a proven track record in building strong organizations by developing leaders in emerging & developed markets.

K. Dorai Raja
K. Dorai Raja

K. Dorai Raja

Raja has served as editor for a various publications, including The Asian Banker Journal, Post & Broadcast News, and Best of Singapore. He has produced content for collaterals, such as websites, social media, speeches, and white papers.

Markus Meissner
Markus Meissner

Markus Meissner

As Managing Director, Markus Meissner is responsible for the strategic orientation of the product portfolio and for product development at AEB. His responsibilities also include the company’s internationalization strategy.

Frans Kok
Frans Kok

 Frans Kok

Frans Kok is General Manager of AEB Asia Pacific and joined the company in 2014. He shares his insights into developments in Asia and highlights the changes brought about by the current dynamics in trade and logistics.

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