Logistics Viewpoints

JUNE 8, 2023

Technology for All In a retail era dominated by e-commerce giants, customer expectations have shifted towards instant product delivery at no cost. To meet these demands and ensure superior delivery experiences, retailers and carriers must leverage last-mile delivery technology. Another crucial factor is the pace of innovation.

Modeling Software 122

Modeling Software Optimization Software Supply Chain Design Software Logistics Network Optimization Software 122

Conger

APRIL 1, 2024

By carefully planning and scheduling maintenance before issues arise, businesses can avoid interruptions and reduce costs associated with emergency repairs and downtime. Cost Savings: By avoiding emergency repairs and unscheduled downtimes, companies can save significant amounts over time. Let’s dive in!

Material Savings 82

Material Savings Expense Reduction Resource Reduction Cost Reduction 82

Logistics Viewpoints

NOVEMBER 18, 2022

How Walmart automated supplier negotiations. Rail strike could cost economy billions. The company has realized it cannot conduct focused negotiations with all of its 100,000-plus suppliers. As a result, around 20 percent of its suppliers have signed agreements with cookie-cutter terms that are often not negotiated.

Negotiating Skills 120

Negotiating Skills Logistics Network Optimization Software Buyer Training Modeling Software 120

Blue Grace Logistics

SEPTEMBER 15, 2022

Managed Logistics Meets Five Challenges for Complex Supply Chain Operations Show Submenu Resources. In searching for a provider, here are five tactical challenges that any MLP must meet. 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

Freightos

JULY 11, 2023

Blog " * " indicates required fields Email * More Resources Home July 11, 2023 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market.

Negotiating Skills 62

Negotiating Skills Data Freight Logistics Network Optimization Software 62

CLX Logistics

NOVEMBER 21, 2023

When looking ahead to the future, it’s crucial to reflect on the past year, identify emerging trends, and strengthen strategies for benchmarking and procurement. Often, it’s a factor that can be negotiated with the shipper. It’s not just a tool but a strategic partner in improving procurement and benchmarking.

Optimal Sourcing 95

Optimal Sourcing Manufacturing Procurement Procurement Cost Reduction 95

CH Robinson Logistics

JULY 8, 2021

With the continued growth of ecommerce and heightened consumer expectations, fast delivery options, tracking notifications, and shipping costs have become a key driver in customer satisfaction. Executing against the wrong strategy—or not having a strategy at all—can lead to higher costs, negative margins, and lower customer satisfaction.

Cost Reduction 62

Cost Reduction Sourcing Strategies Meeting Optimal Sourcing 62

Trinity Logistics

AUGUST 4, 2020

By better managing, using, and analyzing your data, an organization can reduce costs, improve margins, generate revenue, and make smarter business decisions. Each partner can better plan for their part, having the potential to reduce expensive production costs, limit excessive accessorial charges, and improve customer service.

Supply Chain Planning Software 64

Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software Supply Chains 64

GlobalTranz

SEPTEMBER 23, 2021

Fewer labor resources are available to meet the rising demand in both the warehouse and in transit. ? Such congestion naturally leads to bottlenecks in planning drayage and eventual increases in the total cost of shipping, not to mention an added strain on trucking as the bottlenecks grow.? . According to the?

Optimal Sourcing 123

Optimal Sourcing Supply Chain Planning Software Negotiating Skills Supply Chain Software 123

Penske Move Ahead

JUNE 20, 2023

Companies look at 3PLs for strategic partnerships to run certain flows soup to nuts,” said Balika Sonthalia, a partner with the global strategic management consulting firm Kearney and co-author of the 34th Annual State of Logistics Report. We have seen a dramatic run up in supply chain costs, to a record $2.3 of the entire U.S.

Supply Chain Software 56

Supply Chain Software Negotiating Skills Supply Chains Logistics Network Optimization Software 56

MTS Logistics

JANUARY 11, 2021

Some countries’ custom authorizations require this document to compare with the actual commercial invoice to check if the terms of trade such as contents, price and the quantity are matching. A non-negotiable BOL must be signed by the parties listed, while a negotiable BOL can be transferred to a specified third party.

Document 72

Document Buyer Training Negotiating Skills Purchasing Skills 72

FreightWaves SONAR

APRIL 29, 2021

Those challenges and others have put pressure on retailers to build omnichannel offerings that “meet customers where they are.” That has also increased the pressure on retailers to keep other freight and logistics costs low with more capital and expense being dedicated to the development of new omnichannel strategies. .

Negotiating Skills 52

Negotiating Skills Cost Reduction Data Sourcing Strategies 52

The Logistics Academy

FEBRUARY 13, 2017

Q: What are the latest trends in logistics education, and how does your program address them? Gerard Burke, Georgia Southern University: A continuing trend is the challenge to attract students to pursue a career often perceived as humdrum. Experiential learning is another trend seen as valuable to both hiring companies and students.

Supply Chain Design Software 40

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

Conger

MARCH 28, 2024

Here are the new trends in technologies that continue to impact fleet management practices: Autonomous vehicles : I am sure you have already seen autonomous vehicles used in military applications or niche logistics. MaaS can lead to cost-minimization of transport services like public transportation, rental, and sharing offerings.

Optimization Software 73

Optimization Software Optimal Sourcing Expense Reduction Cost Reduction 73

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

DECEMBER 18, 2014

Fabricators now are trying to be fast enough to meet any and all customer needs whenever they crop up. By adopting a logistics efficiency management approach, logistics related costs as a percentage of sales drops to 4% to 7% depending on industry sector. The keyword here is fast. That’s a delta of 5% to 7%.

Manufacturing Procurement 94

Manufacturing Procurement Tips Purchasing Skills Sourcing Strategies 94

Trinity Logistics

SEPTEMBER 27, 2021

Some companies believe operating a private fleet gives them more control over the business and operating costs. In contrast, others find that outsourcing their transportation gives them better insight into the market while reducing costs and creating efficiencies. But this can come with staggering costs and resources spent.

Outsourcing 86

Outsourcing Logistics Network Optimization Software Cost Reduction Supply Chain Planning Software 86

CLX Logistics

FEBRUARY 22, 2024

Procurement management stands at the crossroads of technological innovation and strategic decision-making. From optimizing operational efficiency to maximizing cost savings, organizations must navigate a complex landscape of competing priorities and evolving market dynamics.

Optimal Sourcing 52

Optimal Sourcing Procurement Negotiating Skills Supply Chain Software 52

Talking Logistics

FEBRUARY 8, 2018

The continual and ever-evolving trend of self-service and automation has indeed made some occupations obsolete. Much of our investment and research into automation is a response to find a consistent labor force – a variable critical to meeting customer needs. Should we tax automation?

Supply Chain Software 68

Supply Chain Software Automation Logistics Network Optimization Software Negotiating Skills 68

247 Customs Broker

FEBRUARY 1, 2018

The collection provides analysis of the key trends affecting the overall industry, and is split into five surveys investigating the freight forwarding, motor carrier, express and warehousing sectors as well as the increasingly important topic of “environment and ethics” in global logistics. Technology key to logistics evolution.

Logistics Network Optimization Software 28

Logistics Network Optimization Software Global logistics Supply Chain Planning Software Supply Chain Software 28

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

Infosys Supply Chain Management

FEBRUARY 8, 2012

Discuss the latest trends and solutions across the supply chain management landscape. They expand into an analysis of revenue-accruing & cost-optimizing functions, and result in the identification of capabilities that the organization aspires to develop or enhance. |. News & Events. |.

Supply Chain Planning Software 34

Supply Chain Planning Software Optimal Sourcing Supply Chain Software Supply Chains 34

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. Read: Industry Experts Discuss Technology Trends & Solutions for Efficient Ecommerce Logistics. It’s an opportunity to raise prices. It’s simply supply and demand.

Supply Chain Software 28

Supply Chain Software Supply Chains Negotiating Skills Price Reduction 28

MTS Logistics

OCTOBER 9, 2023

In a nutshell, the main advantages of supply chain risk diversification are minimizing potential supply chain-related disruptions, having more negotiating power, improved resilience, and access to new markets. Reducing dependence on a single supplier can boost a company’s negotiating power.

Negotiate Pricing 84

Negotiate Pricing Negotiating Skills Supply Chain Software Supply Chains 84

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

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. Inventory optimization is efficiently and cost-effectively having the right products in the right place at the right time.

Supply Chain Planning Software 52

Supply Chain Planning Software Optimization Software Optimal Sourcing Procurement Solutions 52

GlobalTranz

MAY 21, 2018

It’s Time To Take A Closer Look At Your Parcel Shipping Costs eCommerce is driving the demand for smaller, more frequent last-mile deliveries. Shippers large and small need to look more closely at parcel transportation costs as a step in preserving margins. 5 Parcel Shipping Trends to Optimize Shipping & Reduce Costs.

Cost Reduction 48

Cost Reduction Procurement Analytics Negotiating Skills Purchasing Skills 48

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

Material Handling and Logistics

OCTOBER 26, 2018

NOTE: Ron Giuntini also participated in the roundtable, but his contribution on the servitization trend will appear in a separate article. . The cost-effective concept allows a single mobile base to tend to one or many carts that can have a variety of onboard items, including packages, materials, or even robot arms.

Supply Chain Design Software 89

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