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

GoShip Blog

DECEMBER 29, 2022

Shipping is a cost neither business owners nor their customers enjoy having to shoulder. Shipping costs often leave the affected parties no choice but to learn how to deal with it. Fortunately, there are effective strategies you can employ to reduce your e-commerce store’s shipping costs. Flat rate shipping .

Cost Reduction 52

Cost Reduction Price Reduction Inventory Reduction Negotiating Skills 52

GoShip Blog

JULY 18, 2022

Freight costs have a substantial effect on profitability and overall business growth. Learn how to optimize these costs to keep your supply chain running smoothly without paying exorbitant amounts for shipping. How freight costs impact your business. Ways you can optimize your freight costs.

Optimization Software 52

Optimization Software Cost Reduction Negotiating Skills Purchasing Skills 52

GoShip Blog

FEBRUARY 14, 2023

Less-than-truckload (LTL) shipping offers a cost-effective approach to transporting packages along your supply chain. Examples include missing freight, delivery delays, damaged products, hidden charges, ambiguous documentation, poor contract terms, and limited carrier networks.

Negotiating Skills 52

Negotiating Skills Material Savings Cost Reduction Price Reduction 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. Here are the aspects that characterize supply logistics: Pick vendors who provide better supply conditions, better raw material quality, and more affordable costs. Duties of inbound logistics.

Inbound 62

Inbound Sourcing Strategies Material Savings Inventory Reduction 62

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.

3PL 53

3PL Logistics Network Optimization Software Negotiating Skills Inventory Reduction 53

Freightera

OCTOBER 23, 2023

Recently, we’ve had an unfortunate case where failing to disclose that their shipment was hazardous cost one of our clients thousands of dollars and urged us to write this cautionary piece. Compliance is non-negotiable Regulations around hazmat shipments are stringent. And for a good reason. Happy shipping!

Freight 41

Freight Negotiating Skills Compliance Handling 41

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

Carter Logistics

MARCH 12, 2019

Blog Topics. 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. For example: i. Optimize the network in pre-planning, b.

Supply Chain Planning Software 60

Supply Chain Planning Software Negotiating Skills Optimization Software Scenario Planning 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

Ship Monk

AUGUST 28, 2023

Let’s take a look at the different types of ecommerce business models out there, with some examples of each. In most cases, your business model will spring naturally from your product(s), the type of customer you’re targeting, and your pricing strategy. When you know these three things, you’ll have your business model.

Modeling Software 52

Modeling Software eCommerce Modeling Manufacturing Procurement 52

Talking Logistics

SEPTEMBER 20, 2017

This blog examines the “red” times, like the roughly three-month period we have just entered that is historically one of the regular disruptors in the ocean freight market. History can inform how we approach the next significant event. Red: Space is extremely tight and forecasting is imperative. Regular disruptors.

Scenario Planning 63

Scenario Planning Freight How To Negotiating Skills 63

Ship Monk

JANUARY 20, 2023

Welcome back to the ultimate guide for enhancing your ecommerce knowledge! 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. It’s all about maintaining profitability. Product Level MOQ 2.)

eCommerce 52

eCommerce Inventory Reduction Material Savings Manufacturing Procurement 52

247 Customs Broker

MARCH 26, 2018

Our rates are going up and the carriers are completely unwilling to negotiate with us—where did we go wrong?”. Because they are transactionally focused when they should be taking a strategic approach. In this market, your carriers know that they don’t have to “negotiate” with you. Don’t like our rates?

Optimal Sourcing 28

Optimal Sourcing Sourcing Strategies Negotiating Skills Negotiate Pricing 28

Logistics Bureau

OCTOBER 20, 2021

Perfect order results can help you assess performance and diagnose issues impacting service, costs, and overall supply chain effectiveness. As an example of how illuminating the perfect order KPI can be, let’s look briefly at damage-free delivery as an example. Calculating the Perfect Order. x 0.96 = 0.8661.

Supply Chain Design Software 96

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

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

GlobalTranz

OCTOBER 27, 2017

Editor's Note: Today's blog is from Ty Kiisel who shows us how you can be affected by your supply chain finances. . RT Custer, the owner and co-founder of Vortic Watch Company , describes the challenge of managing his supply chain this way: “To keep my cost of goods at a manageable level, I need to order hundreds of parts.

Supply Chain Planning Software 72

Supply Chain Planning Software Supply Chain Software Supply Chains Material Savings 72

Trinity Logistics

NOVEMBER 17, 2021

Over the last 18 months, the trucking industry has faced uneven supply and demand, congested ports, rising costs, a global pandemic, labor shortages, and a boom in online consumer spending. Half of those surveyed reported receiving detention pay only if negotiated in advance. HOW TO MINIMIZE DETENTION AND DOCK DELAYS.

Supply Chain Planning Software 87

Supply Chain Planning Software Cost Reduction Supply Chain Software Inventory Reduction 87

247 Customs Broker

NOVEMBER 27, 2018

The survey responses also highlight the importance of risk management in supply chains – and how political uncertainty can paralyze companies. Sheffi describes in his blog post, How to Prepare for a Brexit-Style Disruption , there are a number of risk mitigation measures companies can put in place to prepare for this type of crisis.

Supply Chains 28

Supply Chains Scenario Planning Manufacturing Procurement Negotiating Skills 28

SYSPRO Smarter ERP

JANUARY 12, 2022

With direct and indirect materials making up at least 50% of typical manufacturing costs, the procurement function could be re-imagined so companies can be more responsive to customer demands and more agile when dealing with supply chain challenges. They have a contract with a supplier who delivers on time, and who charges acceptable prices.

Manufacturing Procurement 105

Manufacturing Procurement Optimal Sourcing Procurement Solutions Supply Chain Planning Software 105

Parade

MAY 15, 2019

For example, they might be relying on verbal confirmation from a carrier who expressed interest in a specific opportunity. As such, they won’t vet them further, and will simply run through this process: If the above criteria are met, will the carrier haul the load for a price that both parties can agree on?

Negotiating Skills 60

Negotiating Skills Freight How To After-sales 60

Logistics Bureau

SEPTEMBER 20, 2022

If you follow our blog, you’ll know that we often post articles about logistics outsourcing. For example, it either makes sense to outsource logistics activity to a 3PL, or it makes more sense to keep it in-house. When Cost is Not an Appropriate Reason to Insource or Outsource.

Outsourcing 98

Outsourcing Cost Reduction Resource Reduction Expense Reduction 98

Parade

SEPTEMBER 3, 2019

That way, your brokerage can recover the cost of your investment, and capitalize on new opportunities that may not have been available before. The reputable firm had a clearly defined cost and timeline, and they have performed it for almost every brokerage in the country. My Carrier Packets (MCP) is a good example.

Optimization Software 60

Optimization Software Negotiating Skills How To Outsourcing 60

Parade

SEPTEMBER 3, 2019

That way, your brokerage can recover the cost of your investment, and capitalize on new opportunities that may not have been available before. The reputable firm had a clearly defined cost and timeline, and they have performed it for almost every brokerage in the country. My Carrier Packets (MCP) is a good example.

Optimization Software 60

Optimization Software Negotiating Skills How To Outsourcing 60

Parade

SEPTEMBER 3, 2019

That way, your brokerage can recover the cost of your investment, and capitalize on new opportunities that may not have been available before. The reputable firm had a clearly defined cost and timeline, and they have performed it for almost every brokerage in the country. My Carrier Packets (MCP) is a good example.

Optimization Software 60

Optimization Software Negotiating Skills How To Outsourcing 60

EazyStock

MARCH 1, 2023

Suppliers use MOQs as they are more cost-effective and increase sales margins. Suppliers with high MOQs could see you increase your average inventory levels, which consequentially increases holding costs. Additionally, buying in bulk usually comes with a lower unit cost, bringing cost savings.

Ordering 52

Ordering Purchasing Skills Inventory Reduction Procurement Solutions 52

Freightos

JANUARY 25, 2024

Blog " * " indicates required fields Email * Name This field is for validation purposes and should be left unchanged. We know how to facilitate bookings. even though events lead to capacity and pricing changing dramatically in real-time. Wasting an extra day or two for a price quote or your booking is disastrous.

Logistics Network Optimization Software 111

Logistics Network Optimization Software Optimization Software Digital Buyer Training 111

Parade

SEPTEMBER 3, 2019

The reputable firm had a clearly defined cost and timeline, and they have performed it for almost every brokerage in the country. 3rd party providers should be able to give you a precise fixed cost and time-frame for their services. The other 3rd party technology company was charging by the hour. 2: Relevant Experience.

Optimization Software 60

Optimization Software Negotiating Skills How To Optimization 60

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

NOVEMBER 1, 2016

Editor's Note: Today's blog is from one of our favorite authors, Chuck Intrieri. Chuck is a legend in our industry and is helping us figure out how to deal with product quality issues when dealing with international suppliers. How much money do you lose on each product shipment due to customer returns ? . Conclusion : .

Production 87

Production Manufacturing Procurement Optimal Sourcing Purchasing Skills 87

GlobalTranz

AUGUST 25, 2016

Following up our announcement that we have negotiated lower cargo insurance costs and now offer a zero deductible for that cargo insurance, we thought we’d take a deeper look at freight insurance (also known as cargo insurance). How would that affect your bottom line? Does Cargo Insurance Have Limitations?

Cargo 49

Cargo Negotiating Skills Buyer Training Cost Reduction 49

Logistics Bureau

APRIL 25, 2022

What are the essential skills you need to possess or develop if you want to become one of tomorrow’s supply chain leaders? In any case, an excellent place to start is by knowing what the most vital supply chain leaders’ skills are and, of course, why you need them. Information Technology and Automation Knowledge.

Negotiating Skills 105

Negotiating Skills Buyer Training Supply Chain Planning Software Supply Chain Design Software 105

GlobalTranz

MAY 26, 2015

Yet, many politicians, economic analysts, and skilled workers continue a call to arms to save the stereotypes of an archaic manufacturing industry. The manufacturing industry still relies on the skills of manufacturing workers, but these skill sets have changed to meet demands of the new era.

Manufacturing Procurement 111

Manufacturing Procurement Negotiating Skills Industry Purchasing Skills 111