Logistics Bureau

NOVEMBER 16, 2020

For example, a member of the sales team could apply to become a purchasing agent, based on her experience of negotiating sales deals. The main lack of talent is in middle management, especially in big data analytics and supply chain planning, where the shortage is around 54%. You could be particularly numerate, or into analysis.

Supply Chain Planning Software 115

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

GlobalTranz

OCTOBER 16, 2015

We've negotiated rates with all the major carriers and maintained them. So we thought we would impart upon all the shippers out there some tips on how to reduce overall costs for effective LTL Procurement. 10 LTL Procurement Cost Cutting Tips. Analyze bids for optimal pricing and service scenarios.

Negotiating Skills 90

Negotiating Skills Price Reduction Optimal Sourcing Cost Reduction 90

FreightWaves SONAR

JUNE 1, 2023

CEO and President John Furner explained how the retailer was digitally combining its ambient, perishable and e-commerce supply chains, which were built separately and in parallel in the physical world. Be like Walmart: Think strategically and long term, past the current crisis or doldrum.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Negotiating Skills Supply Chains 52

SYSPRO Smarter ERP

NOVEMBER 30, 2021

Despite record layoffs in many industries, Canadian manufacturers face a skills shortage in key positions in operations and across the supply chain. All of the above pressures culminate in rising operational costs – from ?labor, Click here to learn more about SYSPRO’s MRP solutions and how to plan and manage uncertainty.

Supply Chain Planning Software 105

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Manufacturing Procurement 105

FLS Transport

MAY 12, 2022

This week’s report covers safety improvements for commercial trucks, soaring diesel prices, port dockworker negotiations, fuel-saving technology for trucks, and the food supply chain providing hunger relief aid. DIESEL PRICES | How high can diesel prices climb, and where can you fuel up cheaper? Click here.

Negotiating Skills 52

Negotiating Skills Supply Chain Planning Software Freight Supply Chain Software 52

EazyStock

NOVEMBER 19, 2020

Instead they balance the costs of holding stock e.g. warehouse costs, opportunity costs and cashflow problems, with the risk of not having enough e.g. missed sales targets or costly backorders. Prioritizing which stock items to carry based on their forecasts, an item’s demand volatility and pick frequency and cost of sales.

Replenishment 98

Replenishment Optimal Sourcing Inventory Reduction Supply Chain Planning Software 98

FreightWaves SONAR

DECEMBER 29, 2020

However, the application of such data does not necessarily translate into meaningful improvements within day-to-day operations. Yes, analytics add value, but that value often gets overshadowed by the sheer volume of freight data insights available. Talent and skills relevant to supply chain analytics are limited.

Data 52

Data Negotiating Skills Transportation Supply Chain Software 52

Logistics in War

NOVEMBER 13, 2017

Through anecdotes, insights and the narration of history valuable lessons were given by these leaders with respect to a wide variety of strategic issues in Defence logistics. Although discussed in the context of strategic logistics they are broadly applicable, and many are clearly relevant to effective strategic leadership.

Negotiating Skills 69

Negotiating Skills Sourcing Strategies Resource Reduction Military 69

Logistics in War

DECEMBER 2, 2019

Through anecdotes, insights and the narration of history valuable lessons were given by these leaders with respect to a wide variety of strategic issues in Defence logistics. Although discussed in the context of strategic logistics they are broadly applicable, and many are clearly relevant to effective strategic leadership.

Negotiating Skills 50

Negotiating Skills Sourcing Strategies Resource Reduction Military 50

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 52

Negotiating Skills Sourcing Strategies Resource Reduction Military 52

FreightWaves SONAR

MARCH 15, 2021

Read on to learn what is SONAR SCI’s Lane Acuity Plus, what it tells subscribers who have purchased SONAR SCI, and how the application aids freight market participants by gaining deeper lane by lane insights around freight shipping. . This data has been collected over a 4 year period, broken down into shipper industry cohorts.

Optimal Sourcing 98

Optimal Sourcing Procurement Analytics Procurement Solutions Procurement 98

GlobalTranz

MARCH 3, 2016

They negotiate good shipping rates and fast deliveries from transportation companies, and connect them with the businesses that need to transport goods or cargo, so carriers can maximize their loads. How to start a freight brokerage. Refresh or Develop Some General Skills. Essentially, freight brokers keep the economy running.

Negotiating Skills 51

Negotiating Skills How To Buyer Training Freight 51

Carter Logistics

MARCH 12, 2019

Ensure that the price paid is based on agreed-upon rates negotiated ahead of the transportation movement. TMS utilizes accumulated data reports in order to review performance and progress. Data reports reveal the effectiveness and efficiency of the transportation network, including these metrics: i. For example: i.

Supply Chain Planning Software 60

Supply Chain Planning Software Negotiating Skills Optimization Software Scenario Planning 60

Talking Logistics

APRIL 16, 2018

Shippers today find themselves in a difficult and costly situation: their routing guides are often broken and they’re having to go to the spot market to cover their loads, which is costing more than they had budgeted. How should they respond? How Should Shippers Respond? What does that mean for shippers?

Negotiating Skills 60

Negotiating Skills Transportation Price Reduction Cost Reduction 60

FreightWaves SONAR

DECEMBER 22, 2020

With that in mind, the trucking RFP has come into play as a more significant undertaking for 2021 contracts as the freight market saw volatility in 2020 on the spot market due to historic tender rejections and volumes adding to increased prices. A confident, data-driven trucking RFP undertaking can make a big difference in freight spend.

Optimization Software 106

Optimization Software Optimization Tips Price Reduction 106

Blue Grace Logistics

SEPTEMBER 20, 2018

with one or two trucks, so they wanted to adjust the playing field in this market space and be price competitive.” . With the ELD-mandate changing business dynamics many carriers have made it their goal to minimize cost in order to reduce rates to stay competitive, but that’s only one piece of the puzzle. .

Capacity 48

Capacity Negotiating Skills Optimal Sourcing Vendor Strategies 48

Logistics Bureau

OCTOBER 20, 2021

You see, the set of primary data needed to keep an airliner aloft is (apparently) relatively simple—and the same is true of running a supply chain organisation. “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.

Supply Chain Design Software 96

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

The Logistics Academy

FEBRUARY 13, 2017

Another trend is learning how to deal with the avalanche of data that supply chain managers have at their fingertips. Data from barcodes, RFID tags, GPS systems, and the Internet of Things (IoT) mean that managers not only have to be good analysts, but they also have to be good at understanding the supply chain system instinctually.

Supply Chain Design Software 40

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

Conger

MARCH 28, 2024

Technologies like artificial intelligence continue to enhance these capabilities to become more attractive and allow new visualizations and data collection standards. MaaS can lead to cost-minimization of transport services like public transportation, rental, and sharing offerings. Another cost-controlling mechanism is data analytics.

Optimization Software 73

Optimization Software Optimal Sourcing Expense Reduction Cost Reduction 73

GlobalTranz

JULY 22, 2015

Based on the research of inboundlogistics.com, freight costs can make up 10% of an organization’s expenditure. As a consequence of rising freight costs, an increasing number of organizations has been more proactive in controlling freight cost and have outsourced the freight auditing process to freight audit specialists.

Negotiating Skills 94

Negotiating Skills Freight Resource Reduction Cost Reduction 94

Logistics Bureau

OCTOBER 10, 2022

Inventory costs too high? For example, you can optimise for cost, profit, or service, but not for all of them. Alternatively, you can focus on profit and accept tradeoffs in service and costs or concentrate on the cost and accept service and profit tradeoffs. Too much inventory in your distribution network?

Inventory Reduction 114

Inventory Reduction Inventory Optimization Modeling Optimization Software 114

Blue Grace Logistics

DECEMBER 14, 2017

Data was shared with the team about what we accomplished in our Freight, Truckload and Enterprise departments and what effect future trends will have on us in 2018 and beyond. Bobby left the team with a new found excitement for the year to come and with new tools and data to help accomplish upcoming goals. Featured Speaker| Day 1.

Conference 48

Conference Negotiating Skills Logistics Network Optimization Software Presentation 48

247 Customs Broker

APRIL 6, 2018

Tracking inventory and creating new strategic plans for accounting and billing issues have been made part of his job, he adds. In terms of improving level of pay or job position, the more important legal knowledge and soft skills become, and professional certifications don’t appear on the list at all.”.

Survey 28

Survey Negotiating Skills Supply Chain Planning Software Manufacturing Procurement 28

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

Logistics Viewpoints

JANUARY 23, 2023

Mr. Railey is the manager of data science at CPChem. Mr. Railey described how Seeq enabled a cultural shift at the company. CPChem was able to use Seeq to make faster data-based decisions. How can end users shift to a more data-based culture? Many decisions were not data-driven.

Supply Chain Design Software 17

Supply Chain Design Software Supply Chain Planning Software Modeling Software Optimization Software 17

Automotive Logistics

JANUARY 18, 2019

Barcode scanning is highly cost-effective and as pervasive within the North American automotive supply chain as elsewhere. With RFID, you receive the automated scanning and a barcode, along with readable instruction, for a very low cost. RFID prices have come down as the technologies have vastly improved.”.

Supply Chain Design Software 28

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

Parade

MAY 15, 2019

The TMS may have some data on carriers, but this is usually impoverished data that is rarely updated. If no data exists in the TMS, use a separate tool of their choice such as; spreadsheets, notebooks, and sticky notes. Each carrier sales rep is on their own island, and so is their data!

Negotiating Skills 60

Negotiating Skills Freight How To After-sales 60

Stord

JANUARY 26, 2021

This assembly of off-the-shelf and custom logistics services and technology tools leaves the traditional supply chain extremely fragile and without the agility to keep up with demand or the visibility to make data-driven decisions in real time.

Supply Chain Planning Software 78

Supply Chain Planning Software Supply Chain Software Modeling Software Logistics Network Optimization Software 78

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. How to Improve Product Availability. Product Availability.

eCommerce 62

eCommerce Supply Chain Planning Software Negotiating Skills Material Savings 62

FreightWaves SONAR

MARCH 25, 2021

However, the routing guides can be much more clearly defined by thinking about how they apply to overall shipper stability and why consideration of market volatility data and analytics are critical to understanding service levels. Let’s take a closer look at five reasons why this is the reality of today’s supply chains. .

Optimal Sourcing 97

Optimal Sourcing Negotiating Skills Resource Reduction Expense Reduction 97

EazyStock

AUGUST 9, 2022

When the cost of raw materials and finished goods starts to soar, it’s critical for wholesalers and distributors to control their operational costs to remain competitive and achieve decent profit margins. An ERP collates data from all other packages to give an overview of the core business operations. Real-time tracking.

Supply Chain Planning Software 52

Supply Chain Planning Software Optimization Software Optimal Sourcing Procurement Solutions 52

Ship Monk

NOVEMBER 1, 2022

What is the cost of that to your business? All shipping carriers have different pricing models, just like all fulfillment centers have different pricing models. With the VCN, no matter what happens to any one shipping carrier, our 3PL team has plenty of options to ensure packages are delivered on time at no additional cost.

Networks 52

Networks Negotiating Skills Inventory Reduction Cost Reduction 52

Logistics Bureau

SEPTEMBER 20, 2022

To do so will likely lead to problems at some point, such as when crises arise relating to logistics service and cost. When Cost is Not an Appropriate Reason to Insource or Outsource. We often hear from our clients that cost was a primary factor in a decision to contract logistics out or keep it in-house.

Outsourcing 98

Outsourcing Cost Reduction Resource Reduction Expense Reduction 98

Freightera

FEBRUARY 21, 2024

We will discuss how other services and companies compare to Freightera using ground freight shipping in North America as the baseline. Array of Services, Features, and Ratings HOW TO READ THIS TABLE. You also may or may not get competitive pricing. They would be able to find you a great price and be transparent in the process.

Negotiating Skills 26

Negotiating Skills Freight Logistics Network Optimization Software Supply Chain Software 26

Freightera

FEBRUARY 21, 2024

We will discuss how other services and companies compare to Freightera using ground freight shipping in North America as the baseline. Array of Services, Features, and Ratings HOW TO READ THIS TABLE. You also may or may not get competitive pricing. They would be able to find you a great price and be transparent in the process.

Negotiating Skills 26

Negotiating Skills Freight Logistics Network Optimization Software Supply Chain Software 26

Ship Monk

JULY 7, 2022

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. Businesses set MOQs when their costs are so high or their margins are so low on a particular product that they would lose money or see nominal profits producing or selling one unit at a time.

Purchasing Skills 89

Purchasing Skills eCommerce Ordering Negotiating Skills 89

GlobalTranz

JUNE 10, 2016

According to Jeff Berman of Logistics Management, 71 percent of shippers believe the greatest focus for small package shipping is cutting costs. Yet, shippers can reduce costs in small package shipping by following these best practices. Yet, shippers can reduce costs in small package shipping by following these best practices.

Price Reduction 51

Price Reduction Packaging Cost Reduction Negotiating Skills 51