Ship Monk

JULY 7, 2022

As online shoppers, we see examples of minimum order quantity everywhere. For suppliers and merchants, however, setting a minimum order quantity for your goods can mean the difference between losing money and making a profit on each sale. It’s that pop-up in your shopping cart that says, “Add $17.96 to your cart to get free shipping!”

Purchasing Skills 86

Purchasing Skills eCommerce Ordering Negotiating Skills 86

Talking Logistics

JULY 5, 2018

In this post, I will outline how to select reliable core carriers and find the right third party logistics provider (3PL) for your business. Here are a few examples of factors that can influence your strategy. Discuss with your strategic suppliers what is most attractive to them. Find the right mix of asset providers.

Price Reduction 60

Price Reduction Expense Reduction Waste Reduction Cost Reduction 60

Logistics Bureau

NOVEMBER 14, 2018

It does not matter whether you are a procurement professional, internal customer, external customer, senior executive, or supplier. How procurement handles itself and its activities set the tone for all the events that follow, right up to the final delivery of goods and services to the end-customer.

Procurement Analytics 75

Procurement Analytics Optimal Sourcing Procurement Solutions Procurement 75

247 Customs Broker

MARCH 26, 2018

Our rates are going up and the carriers are completely unwilling to negotiate with us—where did we go wrong?”. First, the typical procurement-driven sourcing event views transportation as a commodity and thus, is oriented toward getting the lowest price. In this market, your carriers know that they don’t have to “negotiate” with you.

Optimal Sourcing 28

Optimal Sourcing Sourcing Strategies Negotiating Skills Negotiate Pricing 28

Ship Monk

JANUARY 20, 2023

A manufacturer purchases steel from a supplier and turns it into tiny gears to make watches. To the supplier, the steel is merchandise inventory (a.k.a. By forcing customers to buy a certain number of product(s) with each order, a supplier can achieve profitability through economies of scale. finished goods).

eCommerce 52

eCommerce Inventory Reduction Material Savings Manufacturing Procurement 52

GlobalTranz

MAY 6, 2015

One reason may be that they haven’t made the paradigm shift as to how to implement lean. When you create your Sales, Inventory, Operations and Production Plan (SIOP) monthly, or more frequently, invite your top Suppliers and Customers to the SIOP meeting. Increase Velocity, Throughput and Reduce Variation.

Supply Chain Planning Software 127

Supply Chain Planning Software Waste Reduction Inventory Reduction Supply Chain Software 127

GlobalTranz

FEBRUARY 17, 2016

Today, I will now address how a focus on inventory will allow for warehouse cost reductions as well. These are based on my 40 years working in operations at Schwinn and other companies as well as consulting many companies on how to select the best 3PL for my client's needs. Waiting : Waiting for meetings is a waste of time.

Inventory Reduction 65

Inventory Reduction Cost Reduction Waste Reduction Vendor Strategies 65

The Logistics Academy

FEBRUARY 13, 2017

For example, as online sales reach a record high, B2C service provider Jet.com uses some creative logistics concepts to bring value to customers. Another trend is learning how to deal with the avalanche of data that supply chain managers have at their fingertips. We have different tools to incorporate these trends in our program.

Supply Chain Design Software 40

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 40

Material Handling and Logistics

OCTOBER 26, 2018

For example, the NIST demonstration shows an assembly operation. Sellers have a difficult time deciding which SKUs to locate where, and how to dynamically manage them in a changing marketplace where demand is uncertain. The question is, what is it costing your company for not meeting customer demands due to in-plant problems.

Supply Chain Design Software 89

Supply Chain Design Software Supply Chain Software Inventory Reduction Supply Chain Planning Software 89

Automotive Logistics

JANUARY 18, 2019

To achieve this, many North American OEMs have up to now insisted on their own forms of labelling, leaving tier suppliers with no choice but to manage a wide variety of labelling systems. RFID prices have come down as the technologies have vastly improved.”. If RFID isn’t in a closed loop, it doesn’t work well,” Grewal confirms.

Supply Chain Design Software 28

Supply Chain Design Software Optimization Software Supply Chain Software Logistics Network Optimization Software 28