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. In a nutshell, the pandemic has increased the importance of supply chain, posited it as a ‘cool’ career choice, and strengthened the need for job seekers to improve their supply chain skill sets.

Supply Chain Planning Software 115

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

Logistics Bureau

APRIL 4, 2022

Whether your company is a big or small player in terms of shipping volumes, and regardless of your chosen transportation modes (road, rail, ocean, air), the health of your bottom line depends in no small part on the competitiveness of your freight prices. So how can you be sure you’re getting the best freight rates possible?

Negotiating Skills 82

Negotiating Skills Purchasing Skills Logistics Network Optimization Software Supply Chain Planning Software 82

FreightWaves SONAR

JUNE 1, 2023

In taking the opportunity to make strategic investments in digital supply chain tools during a market downcycle, when capacity is loose, freight costs are low and customer demand looks shaky, Walmart was bucking the trend among large shippers. 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

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

The Logistics of Logistics

NOVEMBER 17, 2023

Brian grew up as a farm kid outside of Buffalo, NY and learned how to work at a young age. Lastly, to build a resilient port strategy, shippers should get the select the right partner – companies that have a comprehensive knowledge of the ports – companies like Port X Logistics and Squall Strategies. and Canada.

Resource Reduction 352

Resource Reduction Strategy Maritime Negotiating Skills 352

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

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

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

FreightWaves SONAR

APRIL 5, 2021

Among enterprise companies, one critical aspect of successful negotiation and capacity procurement is a better predictive outlook of both spot and contract truckload rates. Tracking market trends within truckload rates relies heavily on data and analysis. The key to avoiding this kind of situation is predictive planning and analysis.

Negotiating Skills 94

Negotiating Skills Data Sourcing Strategies Optimal Sourcing 94

FreightWaves SONAR

MAY 17, 2023

High frequency data can unlock a whole new world of cost savings for shippers, but it is useless if companies do not know how to use it. SONAR Supply Chain Intelligence (SCI) takes the high frequency data SONAR is known for one step further by providing data analysis that leads to actionable insights.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Planning Software Price Reduction Cost Reduction 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

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. Allows for performance analysis. Here are the aspects that characterize supply logistics: Pick vendors who provide better supply conditions, better raw material quality, and more affordable costs.

Inbound 62

Inbound Sourcing Strategies Material Savings Inventory Reduction 62

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

MTS Logistics

DECEMBER 21, 2022

We are among the many, many that will be sacrificed as collateral damage in this emergency which we have neither asked for or caused,” Marshall Islands negotiator Albon Ishoda said in a recent statement. In a report commissioned by the United Kingdom government, the switch to cleaner fuel will increase costs, particularly in the short term.

Negotiating Skills 78

Negotiating Skills Industry Price Reduction Cost Reduction 78

Logistics Bureau

JULY 10, 2023

Let’s begin with a challenge that often frustrates leaders of companies in the startup phase, especially smaller organisations— how to access dedicated logistics expertise , resources, and infrastructure. Is a 3PL Right for Your Business? The achievement is even more admirable if it did so without a 3PL partner.

3PL 53

3PL Logistics Network Optimization Software Negotiating Skills Inventory Reduction 53

FreightWaves SONAR

MARCH 15, 2021

It can also show how a user’s targeted benchmark rate compares to the industry, the overall market, peers and at a pricing level. Paying below-market rates in highly volatile lanes could lead to additional costs. . That helps with planning asset allocation and assessing current pricing structures.

Optimal Sourcing 98

Optimal Sourcing Procurement Analytics Procurement Solutions Procurement 98

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 29, 2020

Freight data can help transportation brokers understand market volatility, allocate assets, identify high priority loads, and negotiate trucking contracts with the carrier. The lack of freight data amounts to managing the company without any visibility into current operations or transportation costs. That is simply unacceptable.

Data 52

Data Negotiating Skills Transportation Supply Chain Software 52

Carter Logistics

MARCH 12, 2019

Ensure that the price paid is based on agreed-upon rates negotiated ahead of the transportation movement. It also allows cost to be driven out of the system, not only in transportation but also in labor in the shipping and receiving department. Accurate data reports help to manage costs that are out of your control.

Supply Chain Planning Software 60

Supply Chain Planning Software Negotiating Skills Optimization Software Scenario Planning 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

MAY 8, 2023

I’m talking about enterprises that leave their interactions with freight carriers to one or two people with little or no logistics knowledge or experience because freight and logistics are not core competencies. 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

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. We find that a skill set in another discipline gives students a competitive advantage because it can enhance how they practice logistics and supply chain management.

Supply Chain Design Software 40

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

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 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

Conger

MARCH 28, 2024

MaaS can lead to cost-minimization of transport services like public transportation, rental, and sharing offerings. Data Analytics This involves the collection of data reports from various fleet performance metrics, such as vehicle utilization, fuel consumption, and maintenance costs.

Optimization Software 74

Optimization Software Optimal Sourcing Expense Reduction Cost Reduction 74

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

GlobalTranz

JANUARY 28, 2015

The latest industry-pricing trend, dimensional weight pricing, or often referred as “DIM Pricing,” calls for LTL freight cost calculations using pounds per cubic foot of space occupied on the truck. Both UPS and FedEx recently announced dimension-weight pricing plans for parcel/small packages effective Dec.

Negotiating Skills 97

Negotiating Skills Price Reduction Cost Reduction Waste Reduction 97

Logistics Business Magazine

OCTOBER 15, 2021

Apart from our strategic partners, all of them are exporters and they had these queries which we are able to help them with. We’ve recently commissioned a non-government export analysis which was a complete drill down into the minutiae of Slovakia’s export potential and its five-year history.

Negotiating Skills 76

Negotiating Skills Freight Government Cargo 76

Blue Grace Logistics

DECEMBER 14, 2017

Sparked by the loss of his father, Alex began sending promise cards to anyone who requested them at no cost. After a short intermission, Don Hutson “The One Minute Negotiator” taught everyone about his successful career in speaking, management and sales. After a full day of knowledge, it was time to unwind a little!

Conference 48

Conference Negotiating Skills Logistics Network Optimization Software Presentation 48

Logistics Bureau

NOVEMBER 30, 2020

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

MTS Logistics

FEBRUARY 26, 2024

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. More Capacity and Cost Reduction A freight forwarder can develop several relationships and partnerships with all the carriers in the industry.

Freight forwarding 88

Freight forwarding Negotiating Skills Freight Negotiate Pricing 88

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 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