EazyStock

MARCH 14, 2023

The right purchasing and logistics strategies give companies an edge during these unique, uncertain times and, during the return “to normal,” a greater competitive advantage and continued growth. Rapid cost increases, interest rate hikes and reduced demand require more effective inventory management and forecasting attention.

Inventory Reduction 52

Inventory Reduction Price Reduction Cost Reduction Waste Reduction 52

Logistics Viewpoints

APRIL 6, 2023

By working closely with suppliers, organizations can improve the quality and reliability of their in-bound supply chains, reduce costs, and increase their overall efficiency. The common goal for all categories of product is that they must be available at the right time, right quantity and right prices.

Optimal Sourcing 121

Optimal Sourcing Manufacturing Procurement Sourcing Strategies Procurement Analytics 121

Blue Grace Logistics

APRIL 1, 2024

In an era where resilience and adaptability are key to survival, technology has become the bedrock upon which supply chain professionals build their strategies. LLMs fueling data-driven decision-making LLMs have stormed the tech landscape in recent years, and their applications in supply chain management are nothing short of transformative.

Optimal Sourcing 111

Optimal Sourcing Supply Chain Software Optimization Software Supply Chain Planning Software 111

Blue Grace Logistics

FEBRUARY 29, 2024

Webinars Show Submenu Resources The Logistics Blog® Newsroom Whitepaper Case Study Webinars Indexes Search Search Adam White - February 29, 2024 LinkedIn Live Webinar On-Demand: Transportation Cost: The impacts & how to gain visibility to the right data What’s the Topic? Do you have more questions about this logistics topic?

Cost Reduction 62

Cost Reduction Expense Reduction Resource Reduction Data 62

Freightos

FEBRUARY 28, 2024

Blog " * " indicates required fields Email * Comments This field is for validation purposes and should be left unchanged. Traditional fixed-price contracts, once the bedrock of stability, are yielding to the pressures of market dynamism, unable to keep up with the factors impacting the markets. Get Your Custom Report Now!

Negotiating Skills 62

Negotiating Skills Price Reduction Vendor Strategies Optimal Sourcing 62

FreightWaves SONAR

FEBRUARY 29, 2024

Housing starts are calling for lumber kits, industrial purchasers are ordering products for their projects, and construction companies are planning their moves and strategies for the year. Shippers often manage transportation for these projects with historical data, bids from trusted carriers and a lot of guesswork.

Purchasing Skills 59

Purchasing Skills Data Sourcing Strategies Trends 59

FreightWaves SONAR

FEBRUARY 25, 2021

However, the sheer amount of fees applied in the process to price freight for a load can amount to quite a hefty sum. . But knowing what’s happening based on historic, peer and market data can help shippers figure out how carriers price freight loads. Shippers may not track this data independently.

Negotiating Skills 92

Negotiating Skills Price Reduction Expense Reduction Data 92

FreightWaves SONAR

MAY 7, 2024

This approach is cumbersome and fraught with challenges such as limited visibility, inefficient data management and difficulties in bid analysis. These platforms automate and digitize procurement workflows, simplifying data management and enhancing decision-making capabilities.

Optimal Sourcing 64

Optimal Sourcing Optimization Software Supply Chain Software Procurement 64

Freightos

NOVEMBER 15, 2023

Blog " * " indicates required fields Email * Email This field is for validation purposes and should be left unchanged. Asia-US East Coast prices (FBX03 Weekly) climbed 3% to $2,421/FEU. Asia-US East Coast prices (FBX03 Weekly) climbed 3% to $2,421/FEU. Europe prices (FBX11 Weekly) increased 11% to $1,381/FEU.

Price Reduction 102

Price Reduction Negotiating Skills Vendor Strategies Resource Reduction 102

FreightWaves SONAR

JANUARY 25, 2021

It is a challenge for many shippers and carriers to know where they should put their focus and where the data directs them to go. According to FleetOwner , “ trucking companies must go where the data leads them, not where they think it is going to lead them. Why outdated data hurts carriers in the short- and long-term.

Price Reduction 86

Price Reduction Data Supply Chain Software Supply Chain Planning Software 86

Logistics Bureau

SEPTEMBER 4, 2023

If your business is experiencing a persistent reduction in profit margins, analysing your cost to serve is an advisable step in diagnosing the causes. Process Performance What if the problem isn’t connected to products, customers, or pricing but lies instead with process performance? Are Your Profit Margins Declining?

Negotiating Skills 89

Negotiating Skills Purchasing Skills Cost Reduction Analysis 89

FreightWaves SONAR

JANUARY 12, 2021

As demand for e-commerce accelerated, notes John Koetsier of Forbes , trucking carriers gained extreme favor in pricing power. In turn, carrier freight pricing guidance must be attuned to the fluctuations within individual needs, and that’s despite the use of end-to-end trucking analytics. At the same time, data is not created equally.

Price Reduction 52

Price Reduction Data Freight Optimization Software 52

Freightos

APRIL 25, 2024

Blog " * " indicates required fields Email * Comments This field is for validation purposes and should be left unchanged. The Air Cargo Context Given its premium price, air cargo has historically been reserved for higher-cost, lower-volume products, avoiding the lower-margin, higher-volume products that Shein and Temu focus on.

Cost Reduction 87

Cost Reduction Cargo Price Reduction Resource Reduction 87

FreightWaves SONAR

MARCH 26, 2024

This is where being able to monitor tender data at the market level can become your secret superpower. Tender data uniquely uncovers greater visibility into volumes and supply/demand metrics where seasonal impacts will make an impact. Companies have leaned on historical data and load board rates for years to manage produce seasons.

Supply Chain Planning Software 52

Supply Chain Planning Software Negotiating Skills Data Scenario Planning 52

Freightos

JANUARY 15, 2024

Blog " * " indicates required fields Email * Phone This field is for validation purposes and should be left unchanged. It may be off a lower-than-normal base price but for importers and exporters suffering from lower sales, it’s almost certainly troubling news. The regression in pricing wasn’t just due to lower demand.

Negotiating Skills 114

Negotiating Skills Optimal Sourcing Price Reduction Cost Reduction 114

The Logistics of Logistics

MAY 15, 2023

Knowing about her blogging side hustle, the executive team allowed her to take on the additional responsibility of the company’s digital marketing initiatives where over the course of 5 years, orchestrated two website redesigns, implemented an inbound marketing initiative, and established a sales outreach plan. 00:36:05] Starting a Podcast.

Logistics Network Optimization Software 288

Logistics Network Optimization Software Supply Chain Planning Software Logistics After-sales 288

FreightWaves SONAR

MAY 14, 2024

Aggressive pricing/cost savings strategies have contributed significantly to creating a sustained volatility in the domestic transportation market. Shippers drive prices higher when they bid against one another for available capacity in tight markets. The reverse trip is the exact opposite, and the rates are much lower.

Price Reduction 52

Price Reduction Material Savings Cost Reduction Sourcing Strategies 52

SYSPRO Smarter ERP

MAY 2, 2024

Although machine learning models have been in place for some time, they are now becoming much more prevalent because of the high volumes of data in ERP systems. AI also enhances manufacturers’ ability to collect, aggregate and analyze sensor data in real time for production analytics.

ERP 59

ERP Supply Chain Planning Software Modeling Software Optimization Software 59

Blue Grace Logistics

MARCH 17, 2022

High priced diesel fuel impacts the total cost of transportation through fuel surcharges. How high diesel prices may change future freight procurement strategies. How high diesel prices may change future freight procurement strategies. Reduce Deadhead (DHD) Miles. BlueGrace can help. Why is this?

Cost Reduction 62

Cost Reduction Price Reduction Expense Reduction Waste Reduction 62

Freightos

FEBRUARY 28, 2024

Blog " * " indicates required fields Email * Name This field is for validation purposes and should be left unchanged. With more easily accessible data and bookings, alternatives to, yes, historically alternative routes suddenly become far more viable. In other words, ocean cargo costs would cost about $0.21/kilogram

Negotiating Skills 62

Negotiating Skills Cost Reduction Price Reduction Vendor Strategies 62

FreightWaves SONAR

MARCH 16, 2021

Companies with access to accurate near-real-time data not only improve their operations; they also gain the ability to depict the current state of the trucking market. These accurate depictions of the market come from the tracking of data. Businesses that have better access to more data have distinct advantages.

Expense Reduction 93

Expense Reduction Price Reduction Data Capacity 93

Freightos

FEBRUARY 22, 2024

Blog " * " indicates required fields Email * Phone This field is for validation purposes and should be left unchanged. Asia-US East Coast prices (FBX03 Weekly) climbed 3% to $6,764/FEU. Asia-US East Coast prices (FBX03 Weekly) climbed 3% to $6,764/FEU. Europe prices (FBX11 Weekly) fell 2% to $4,587/FEU.

Price Reduction 71

Price Reduction Negotiating Skills Vendor Strategies Resource Reduction 71

SYSPRO Smarter ERP

AUGUST 28, 2023

In today’s digitalized world, manufacturers must keep pace with the rapidly evolving technology landscape to remain competitive, agile, and to protect their electronic assets such as data. Updated ERP releases offer embedded analytics capabilities, integrating intelligence and data directly within the ERP system.

Supply Chain Design Software 98

Supply Chain Design Software Supply Chain Planning Software Optimization Software ERP 98

Logistics Bureau

DECEMBER 4, 2023

Inventory management is a crucial aspect of supply chain management, and effective strategies can help businesses reduce costs, improve customer service, and increase profits. But what does a great inventory management strategy look like? In other words, it will be different for every enterprise or organisation.

Inventory Reduction 87

Inventory Reduction Eliminating Excel in Purchasing Inventory Waste Reduction 87

Parade

DECEMBER 21, 2021

Here’s why technology should be part of your overall strategy. Brokerages across the globe have turned to technology for a competitive advantage, helping them increase sales, get loads covered, improve customer experience, and cut out the busy work that slows them down. They could be missing out in consequence.

Supply Chain Planning Software 78

Supply Chain Planning Software Price Reduction Scenario Planning Supply Chain Software 78

Parade

DECEMBER 21, 2021

Here’s why technology should be part of your overall strategy. Brokerages across the globe have turned to technology for a competitive advantage, helping them increase sales, get loads covered, improve customer experience, and cut out the busy work that slows them down. They could be missing out in consequence.

Supply Chain Planning Software 78

Supply Chain Planning Software Price Reduction Scenario Planning Supply Chain Software 78

GoShip Blog

NOVEMBER 15, 2023

Imagine planning a trip and getting the wrong ticket price because someone mistyped a number. Now, scale that up to the world of freight shipping, where a small data slip can mean big money lost. In the freight shipping industry, the accuracy of freight data is more than just a detail. Data inaccuracies can disrupt logistics.

Cost Reduction 52

Cost Reduction Supply Chain Planning Software Sourcing Strategies Data 52

Locus

JUNE 16, 2023

Fuel costs: Last-mile fuel costs require careful management as they make up 25% of a truck’s operational costs over volatile price fluctuations. Read also: A Study of Unit Economics in Last Mile Delivery Is it essential to reduce last-mile delivery costs for vehicles? These include: 1.

Cost Reduction 98

Cost Reduction Expense Reduction Inventory Reduction Price Reduction 98

Locus

MAY 2, 2023

Reducing 66% delivery costs with Locus According to Manuela Velez Araque, Lead Product Manager, Jüsto, efficient routing was one of the top three priorities for the company for timely and efficient fulfillment, given the size of cities like Mexico City and their complex traffic movements.

Cost Reduction 52

Cost Reduction Price Reduction Purchasing Skills Logistics Network Optimization Software 52

GlobalTranz

APRIL 20, 2021

Large companies with a supply chain risk strategy already in place couldn’t fully cope with the impact of the pandemic. It’s the result of a deliberate strategy that may require tradeoffs compared to other approaches. This strategy requires greater investment and inventory carrying costs but enables continued production.

Supply Chain Planning Software 115

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

FreightWaves SONAR

FEBRUARY 10, 2021

Many of the most beneficial tools come from the utilization of data and analytics. Data and analytics provide carriers with an incredible wealth of information that has proven to bolster revenue and profits. How carriers create data-driven pricing strategies. Request a SONAR Demo.

White Paper 98

White Paper Optimization Software Data Price Reduction 98

CLX Logistics

JULY 13, 2020

So, first thing, hire a benchmarking service to provide you with the data you need. Be diligent about selecting a benchmarking service that knows and understands your freight, and has a large pool of current data. Unless you are in a pure commodity market, price is important.

Cost Reduction 40

Cost Reduction Vendor Strategies Price Reduction Strategy 40

SYSPRO Smarter ERP

APRIL 18, 2022

Longstanding weaknesses in the supply chain like port infrastructure, outdated supply chain strategies and impacts of natural disaster and wars have all further affected global supply chains. With reliable data from ERP manufacturers and distributors can use data analytics to respond to challenges.

Manufacturing Procurement 124

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software ERP 124

Log-hub

NOVEMBER 22, 2023

Efficient inventory management, layout organization, and operational strategies are key to meeting customer demands while minimizing costs and maximizing profits. Efficient replenishment strategies: Implementing distinct replenishment and restocking strategies for various categories to avoid stockouts and overstock scenarios.

Inventory Reduction 40

Inventory Reduction Analysis Material Savings Waste Reduction 40

Log-hub

NOVEMBER 22, 2023

Efficient inventory management, layout organization, and operational strategies are key to meeting customer demands while minimizing costs and maximizing profits. Efficient replenishment strategies: Implementing distinct replenishment and restocking strategies for various categories to avoid stockouts and overstock scenarios.

Inventory Reduction 40

Inventory Reduction Analysis Material Savings Waste Reduction 40

Blue Grace Logistics

FEBRUARY 6, 2023

Although supply chains are starting to normalize and rebound, COVID-19 exposed a lot of weaknesses and led shippers to gain a better understanding of the importance of data portfolios, which is the primary purpose of outsourced logistics solutions. Visibility and data remain top-value propositions that outsourced logistics entities solve for.

Supply Chain Design Software 62

Supply Chain Design Software Outsourcing Supply Chain Planning Software Supply Chain Software 62

FreightWaves SONAR

APRIL 1, 2021

That gave rise to a new time pricing strategy, dimension (DIM) pricing. . Density plays a role in the form of dimensional pricing. DIM pricing considers cubic volume in addition to physical height, width and depth of packages as a factor for price calculations. Capture pricing data for LTL freight.

Negotiating Skills 98

Negotiating Skills Price Reduction Trends How To 98