Logistics Bureau

NOVEMBER 16, 2020

You are not alone, especially as in the time since we first penned this article, one huge and unforeseen event has raised awareness of the global importance of this vital sector—and shown it to be an attractive career choice. You could be particularly numerate, or into analysis. Sea Change—A Supply Chain Career is now seen as ‘Cool’.

Supply Chain Planning Software 115

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 115

GlobalTranz

AUGUST 18, 2021

Even more complex, some 3PLs may offer different degrees of service, such as a 4PL model that blends a shipper’s existing network and fleets with a 3PL’s technology and solution, as discussed in this third-party versus fourth-party value article. . Does the Transportation Management Services Provider Offer Logistics Consulting.

Logistics Network Optimization Software 123

Logistics Network Optimization Software Optimal Sourcing Optimization Software Modeling Software 123

Logistics in War

MARCH 23, 2018

Through researching the way in which the ADF has prepared and mobilised its logistics capabilities at the strategic level, I have been extremely fortunate to interview a range of senior military officers and public servants. Strategic failure. By David Beaumont. This is often the case with respect to logistics.

Negotiating Skills 53

Negotiating Skills Sourcing Strategies Resource Reduction Military 53

3PL Links

DECEMBER 2, 2022

Given that it is a subject that every businessperson should be knowledgeable about, it is a crucial logistics function in the supply chain. We will address the following topics in this article: Inbound logistics definition and significance. Allows for performance analysis. Cost savings through supplier negotiations.

Inbound 62

Inbound Sourcing Strategies Material Savings Inventory Reduction 62

Globalior

JUNE 30, 2020

The WTO also conducts courses for government officials to build their expertise and skills, so that they may help their countries to better facilitate trade. Accessions Division: Facilitates negotiations between WTO members and others requesting accession. How is the WTO structured?

Negotiating Skills 52

Negotiating Skills Buyer Training Government Document 52

10xLogistics

FEBRUARY 22, 2013

I wrote back in January, embedded in another article about why people should do "should cost" modeling prior to negotiating rates. This has caused me to do a lot more thinking about this topic and after doing some analysis I have come to the realization this is the best way to get to what the true cost of freight should be.

Negotiating Skills 54

Negotiating Skills Cost Reduction Modeling Negotiate Pricing 54

Logistics Bureau

JULY 10, 2023

The Importance of Analysis However, 3PL outsourcing is not necessarily the best option for every company, so you must thoroughly weigh the pros and cons before committing. They typically operate warehouses and distribution centres located strategically. Is a 3PL Right for Your Business?

3PL 53

3PL Logistics Network Optimization Software Negotiating Skills Inventory Reduction 53

Freightos

APRIL 27, 2023

In this article, Eytan Buchman, Freightos’ CMO, discusses the importance of data and context in global freight and logistics. Legibility, followed by analysis and the ability to take action can literally change industries. But even since July 2020, much has changed.

Data 62

Data Freight Optimal Sourcing Supply Chain Software 62

MTS Logistics

JANUARY 9, 2023

First, carriers can no longer afford to ship empty containers back, allowing more service to expand at a lower cost. Finally, terminal congestions are getting resolved (not fully yet) with only 7-8 vessels waiting at only a few ports such as Savannah and Houston at the time this article was written. Source: Descartes/Datamyne.

Negotiating Skills 92

Negotiating Skills Availability Supply Chains Freight 92

Blue Grace Logistics

SEPTEMBER 15, 2022

Poorly optimized networks can have many undesirable outcomes, including loss of customers, runaway freight and labor costs, and siloed — rather than integrated — supply chain management. Engagement with the right MLP should be focused on developing a strong strategic approach and supported by expertise that may not be found in house.

Supply Chain Planning Software 62

Supply Chain Planning Software Supply Chain Software Supply Chains Meeting 62

Logistics Bureau

OCTOBER 20, 2021

“Paralysis by analysis” is a common term used to describe such a situation, and you can avoid it by monitoring a smaller number of carefully chosen KPIs. Perfect order results can help you assess performance and diagnose issues impacting service, costs, and overall supply chain effectiveness. Calculating the Perfect Order.

Supply Chain Design Software 96

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 96

GlobalTranz

NOVEMBER 28, 2016

As I’ve mentioned in previous articles supplier relations are an essential component of a sustainable and functional supply chain. Contract Negotiation Enhancing Supplier Relations. Seller”) were negotiating over two piping units to be manufactured by the Seller. For example, in one Indiana case, Tyler Pipe Industries, Inc.

Manufacturing Procurement 85

Manufacturing Procurement Negotiate Pricing Optimal Sourcing Procurement 85

Supply Chain Brain

MAY 15, 2018

The belated request is designed to help ministers and trade negotiators understand which sectors and companies stand to lose the most if Britain’s departure from the customs union leads to costly rules of origin, whereby exporters have to prove the proportion of the value of their products that stems from domestic production.

Supply Chain Design Software 40

Supply Chain Design Software Supply Chain Design Negotiating Skills Supply Chain Software 40

247 Customs Broker

NOVEMBER 27, 2018

Taylor stated that on October 5 the proposed tentative agreement was rejected, with the negotiating committee telling UPS that the 30-day extension agreement would end on Monday, November 12 at 12:01 a.m. The Teamsters National UPS Freight Negotiating Committee went back to the table with the company to address member concerns.

Negotiating Skills 28

Negotiating Skills Freight Logistics Network Optimization Software Logistics 28

Supply Chain Brain

JUNE 27, 2018

David Blanchflower , professor of economics at Dartmouth College and member of the Bank of England’s monetary policy committee from June 2006 to May 2009: The fallout from the disastrous Brexit vote and the even more calamitous negotiations are scaring businesses to death, and continuing apace. Read full article. GDP growth was 0.1

Negotiating Skills 40

Negotiating Skills Data Cost Reduction Survey 40

Logistics Bureau

MAY 8, 2023

That’s the first big mistake I want to address in this article, after which I’ll share information about ten other freight management mistakes we commonly see at Logistics Bureau while working with clients on supply chain improvement. The answer is that the approach could cost your company vast sums of money in unnecessary logistics costs.

Negotiating Skills 62

Negotiating Skills Cost Reduction Resource Reduction Price Reduction 62

GlobalTranz

DECEMBER 18, 2014

By adopting a logistics efficiency management approach, logistics related costs as a percentage of sales drops to 4% to 7% depending on industry sector. But, the bottom line is that when you outsource to an expert logistics provider, you will realize logistics efficiency, and thus total costs savings. That’s a delta of 5% to 7%.

Manufacturing Procurement 94

Manufacturing Procurement Tips Purchasing Skills Sourcing Strategies 94

Logistics Bureau

NOVEMBER 30, 2020

ARTICLE SUMMARY. A common conundrum for companies is how to reduce their freight costs, which due to a recovery in demand following the Covid-19 pandemic have skyrocketed. Putting a lid on escalating freight costs has now become more important than ever. Negotiate for off-peak times. Make an in-depth cost analysis.

Cost Reduction 63

Cost Reduction Negotiating Skills Price Reduction Material Savings 63

247 Customs Broker

NOVEMBER 27, 2018

E-commerce, the capacity crunch, the driver shortage, general rate increases, fuel costs, trade war fears, and other factors will drive the LTL market further toward success, but also upheaval thru these disruptive fronts, in the coming year. Sharp rises in fuel costs or decreased fuel production domestically and abroad.

Negotiating Skills 28

Negotiating Skills Cost Reduction Resource Reduction Material Savings 28

MTS Logistics

FEBRUARY 26, 2024

In this article, we define five advantages that will transform the future of freight forwarding. Expertise of Freight Forwarders Freight forwarders are well-versed in the knowledge of how to handle the customs regulations and documentation for your international shipments.

Freight forwarding 92

Freight forwarding Negotiating Skills Freight Negotiate Pricing 92

Blue Grace Logistics

FEBRUARY 25, 2020

While there are many factors to consider when choosing a 3PL service provider, cost and customer service are two of the most critical factors. They should also ask the following questions: Can the organization accommodate an increase in logistics cost? Is there a scope to increase the product price? Why Is Cost Important?

Negotiating Skills 62

Negotiating Skills Purchasing Skills 3PL Logistics Network Optimization Software 62

Logistics Bureau

OCTOBER 10, 2022

Inventory costs too high? Those are the precise questions we’ve set out to answer in this article. For example, you can optimise for cost, profit, or service, but not for all of them. Too much inventory in your distribution network? Are profits too low? Inventory Optimisation: A Clarification. 1: Service Levels.

Inventory Reduction 114

Inventory Reduction Inventory Optimization Modeling Optimization Software 114

247 Customs Broker

MARCH 9, 2018

Even with higher demand prospects, LTL carriers are weathering a blistering rise in costs – not just for drivers, but also for equipment and insurance. It’s an opportunity to raise prices. Read: Industry Experts Discuss Technology Trends & Solutions for Efficient Ecommerce Logistics. Explaining the Capacity Crunch.

Supply Chain Software 28

Supply Chain Software Supply Chains Negotiating Skills Price Reduction 28

Logistics Bureau

SEPTEMBER 20, 2022

If you follow our blog, you’ll know that we often post articles about logistics outsourcing. In this article, we will revisit the logistics outsourcing topic by looking at the various reasons companies fall back on to justify a decision to outsource logistics or keep it in-house. Know Your True Logistics Costs Before You Decide.

Outsourcing 98

Outsourcing Cost Reduction Resource Reduction Expense Reduction 98

Logistics Bureau

OCTOBER 11, 2021

Supply Chain and Logistics Knowledge. However, in the wake of the pandemic, with ecommerce demand ballooning as it is, an injection of supply chain and logistics knowledge can generate a much-needed marketplace advantage. Where to Access the Knowledge You Need. Understanding Cost to Serve. Product Availability.

eCommerce 62

eCommerce Supply Chain Planning Software Negotiating Skills Material Savings 62

Logistics Bureau

MAY 24, 2019

If you were to tell me that your company had never looked at its supply chain costs and sought to deliver reductions, I would be mightily surprised. On the other hand, if you told me your company hasn’t been able to sustain any progress in supply chain cost reduction, I wouldn’t be surprised at all.

Cost Reduction 65

Cost Reduction Inventory Reduction Expense Reduction Price Reduction 65

ShipLilly

OCTOBER 12, 2022

Hence, it is not surprising that early analysis indicates that 8 out of every 10 participants in the survey had never heard of the term “freight forwarding.” This article untangles the benefits of freight forwarding. The article details the patterns of a lack of awareness about the true nature of freight forwarding services.

Freight forwarding 98

Freight forwarding Freight Negotiating Skills Logistics Network Optimization Software 98

Material Handling and Logistics

AUGUST 10, 2018

Though individual items often don’t amount to a huge expense, your total indirect spend and associated costs likely constitute a significant portion of your overhead expenses. Many facilities try to trim their indirect spend by negotiating lower prices on a few of their most expensive items. Too Costly.

Negotiate Pricing 90

Negotiate Pricing Negotiating Skills Purchasing Skills Procurement Solutions 90

MTS Logistics

OCTOBER 4, 2021

Increased freight costs. A change in contract negotiations – transitioning from low long-term contract rate negotiations to acceptance of higher contract rates in return for guaranteed space contracted rates. An increase in inventory costs. Increased nearshore sourcing activities. This will be a major shift.

Supply Chain Planning Software 90

Supply Chain Planning Software Supply Chain Software Supply Chains Negotiating Skills 90

Freightera

FEBRUARY 21, 2024

How Freightera compares to traditional carriers and brokers and online solutions, with pros and cons for each provider If you are trying to compare Freightera with other shipping solutions, this article will make it easier for you. You also may or may not get competitive pricing. out of 1164 reviews. Reviews Freightcenter has a 3.3

Negotiating Skills 26

Negotiating Skills Freight Logistics Network Optimization Software Supply Chain Software 26

Freightera

FEBRUARY 21, 2024

How Freightera compares to traditional carriers and brokers and online solutions, with pros and cons for each provider If you are trying to compare Freightera with other shipping solutions, this article will make it easier for you. You also may or may not get competitive pricing. out of 1164 reviews. Reviews Freightcenter has a 3.3

Negotiating Skills 26

Negotiating Skills Freight Logistics Network Optimization Software Supply Chain Software 26

Blue Grace Logistics

SEPTEMBER 21, 2021

What’s in this article: What is a capacity crunch? Labor Shortages: In the face of a tight labor market, our shippers are directly affected by the rising cost of truckload capacity – ultimately affecting their profit and growth as a company. Want a FREE Supply Chain Analysis? Capacity crunches have different causes.

Material Savings 62

Material Savings Capacity Optimal Sourcing Inventory Reduction 62

Turvo

FEBRUARY 9, 2021

This is where freight data recording and analysis can help with the supply chain’s internal adding value. . The Costs of Not Using Freight Data in Managing Logistics. It’s been said that there are two ways to increase profits: raise prices or reduce expenses. Tender freight based on demand, not just an assumed cost.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Data Negotiating Skills Supply Chain Planning Software 52

Ship Monk

JULY 7, 2022

This article will define minimum order quantity, show you some examples, and help you decide if it’s the right strategy for the type of items you sell online. If they sell their finished goods to retail partners or wholesalers, these buyers will expect a lower price in exchange for their higher order volume.

Purchasing Skills 86

Purchasing Skills eCommerce Ordering Negotiating Skills 86

247 Customs Broker

NOVEMBER 27, 2018

Moreover, the decision is becoming more difficult by the day as the political impasse continues and related costs increase. A recent article in The Economist provides a no-nonsense account of this pitfall. The country’s citizenry has taken this cue, and attitudes towards a negotiated settlement have hardened. Compliance to U.S.

Supply Chains 28

Supply Chains Scenario Planning Manufacturing Procurement Negotiating Skills 28

Logistics Viewpoints

FEBRUARY 26, 2021

This week’s logistics news includes two articles about privately-held warehouse robotics companies and their respective equity financing announcements. Both articles mention the implied valuation of these companies. But how are privately-held companies valued if their share prices are not known?

Supply Chain Software 19

Supply Chain Software Supply Chain Planning Software Logistics Network Optimization Software Optimal Sourcing 19

GlobalTranz

FEBRUARY 13, 2015

When you are looking to choose a carrier when it is time to ship your freight, it might seem obvious to go with the carrier that provides you with the lowest “sticker price.” After all, the fees paid to carriers, which are most of your transportation costs, can comprise up to more than 5% of your cost of total sales.

Negotiating Skills 98

Negotiating Skills Cost Reduction Price Reduction Resource Reduction 98