FreightWaves SONAR

MARCH 5, 2021

That’s why the only way to figure out a real commission plan rests with knowledgeable sales. Managers will need to train carrier sales teams to understand the importance of using the correct carrier at the right time, and they must be able to negotiate effectively in order to maintain recurring revenue.

Negotiating Skills 98

Negotiating Skills Modeling Software Sourcing Strategies Logistics Network Optimization Software 98

CLX Logistics

JUNE 27, 2023

Understanding how a provider can alleviate and eliminate rail transportation issues is vital for ensuring efficient rail freight operations, cost-saving opportunities, and relieving your business from avoidable stressors, hiccups, and pitfalls.

Optimal Sourcing 52

Optimal Sourcing Negotiating Skills Optimization Software Logistics Network Optimization Software 52

Blue Grace Logistics

SEPTEMBER 28, 2021

What This Blog Is About: Shipper’s top concerns for their supply chain. The opportunity cost of choosing the wrong mode of transportation. All things considered, 78% of shippers were concerned with reducing shipping costs in general. Analyzing Transportation Mode Opportunity Cost.

Negotiating Skills 109

Negotiating Skills Cost Reduction Supply Chain Planning Software Capacity 109

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. Here are six you should try: .

Cost Reduction 52

Cost Reduction Price Reduction Inventory Reduction Negotiating Skills 52

GoShip Blog

OCTOBER 13, 2020

Negotiable rates. Unlike LTL freight shipping , full truckload pricing is more flexible. In the realm of LTL, once a carrier has given you a rate, it is non-negotiable. On the other hand, full truckload freight rates are more dependent on the market conditions at the moment, and therefore can be negotiated.

Negotiating Skills 98

Negotiating Skills Price Reduction Cost Reduction Freight 98

FreightWaves SONAR

APRIL 25, 2023

When operating minibids or short-term RFPs, or when pricing individual loads, it is important to understand the directional movement of freight trends in order to be proactive in your pricing strategy. Careful planning, negotiation and execution are key to securing capacity and optimizing supply chain operations.

Negotiating Skills 52

Negotiating Skills Price Reduction Supply Chain Planning Software Outbound 52

FreightWaves SONAR

MARCH 26, 2024

Take, for example, the market of Twin Falls, Idaho in comparison to Lakeland, Florida. Users of SONAR are then able to use the most up-to-date market data to react with pricing and capacity strategies faster to strengthen negotiations, compliance and relationships. This can be seen in a list or map view form.

Supply Chain Planning Software 52

Supply Chain Planning Software Negotiating Skills Data Scenario Planning 52

Dedola Global Logistics

DECEMBER 16, 2019

How To Reduce Soft Costs in Shipping. When it comes to choosing the right international freight forwarder for your shipping needs, cost plays a factor in your decision. What is the difference between hard costs and soft costs? What is the difference between hard costs and soft costs? How can TrakIt!

Cost Reduction 52

Cost Reduction Negotiating Skills Material Savings Resource Reduction 52

GlobalTranz

OCTOBER 13, 2015

Or are you a Logistics Manager curious about what it costs to become a freight broker either because you want to know that whom you are working with has done all the right things (you know, since they'll be managing your freight) or because you yourself may want to be a freight broker? The Cost to Be a Freight Broker. Licensing Costs.

Negotiating Skills 109

Negotiating Skills Cost Reduction Price Reduction Freight 109

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

FreightWaves SONAR

JUNE 30, 2023

Rebidding the same lane multiple times each year is labor-intensive, but it also introduces friction in relationships, creates distrust and blocks supply chain partners from making strategic commitments to each other. How bad is the problem for shippers? That certainty builds trust and unlocks further benefits too.

Negotiating Skills 52

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

GlobalTranz

AUGUST 18, 2021

That includes analysis of current operations, costs by mode, performance and benchmarking of existing partnerships. The blending of both new and existing resources supports transparency and offers financial and strategic advantages to shippers and the solutions provided through the logistics transportation service. . Learn More.

Logistics Network Optimization Software 123

Logistics Network Optimization Software Optimal Sourcing Optimization Software Modeling Software 123

Freightos

NOVEMBER 7, 2023

Blog " * " indicates required fields Email * Email This field is for validation purposes and should be left unchanged. In this blog post, I describe the different paths these modes took and where things stand at the close of 2023. It is indeed “A Tale of Two Modes,” each with its own story, pace, successes, and snags.

eBook 86

eBook Optimal Sourcing Negotiating Skills Digital 86

FreightWaves SONAR

JANUARY 13, 2023

Freight pricing is largely determined by the balance of supply and demand. For example, tracking global container bookings at the port of origin allows more than 60 days of visibility into U.S. Companies can leverage this data when negotiating long- and short-term pricing with carriers. port activity. .

Negotiating Skills 52

Negotiating Skills Data Freight Price Reduction 52

EazyStock

FEBRUARY 17, 2021

Effective inventory replenishment processes ensure that order fill rates can be achieved while keeping inventory carrying costs under control. However, businesses are also acutely aware that holding inventory costs money. Excessive carrying costs can erode profit margins, while tying up cash in stock can lead to cashflow issues.

Inventory Reduction 75

Inventory Reduction Material Savings Price Reduction Cost Reduction 75

Blue Grace Logistics

APRIL 28, 2023

China tensions and the pandemic-driven distribution crisis forced businesses to give priority to supply-chain resiliency over the cost-cutting that once sent that production to Asia, particularly China, consultants and deal makers say. companies opening factories in Mexico, for example, nor investment in private real estate.

Trends 62

Trends Negotiating Skills Supply Chain Planning Software Supply Chain Software 62

EazyStock

MARCH 14, 2023

Rapid cost increases, interest rate hikes and reduced demand require more effective inventory management and forecasting attention. Eliminate unnecessary inventory costs and reduce inventory values All companies have different conditions (and challenges), and there’s no one-size-fits-all solution.

Inventory Reduction 52

Inventory Reduction Price Reduction Cost Reduction Waste Reduction 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, Talent gaps: ? One of the key drivers is the aging workforce leaving for retirement. Stay Agile, Get Ahead.

Supply Chain Planning Software 105

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

Locus

DECEMBER 7, 2021

A prime example is how governments in the Middle East have begun to rethink food security targets after the disruptions to their food supply chains. Presently, their major focus lies on local production, warehousing and strategic sourcing. Oil price fluctuations. How do businesses enable strategic sourcing?

Optimal Sourcing 52

Optimal Sourcing Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 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

Locus

JUNE 13, 2022

He recounted how a World Economic Forum (WEF) report noted that effective data-based solutions such as dynamic rerouting can reduce emissions by 30% and delivery costs by 25% by 2030 when compared to a “do nothing” baseline. Today, sustainability is no more driven by investor mandates by CSR, but it’s actually driven by the consumers.”

Negotiating Skills 52

Negotiating Skills Cost Reduction Optimization Software Eliminating Excel in Purchasing 52

FreightWaves SONAR

FEBRUARY 17, 2021

That’s where FreightWaves SONAR can make a meaningful difference, providing the connection to tendered and invoicing data , empowering teams and leaders with the insights needed to stay strategic and proactive. For example, any redundant process needs current data, which provides shippers with several benefits.

Supply Chain Planning Software 98

Supply Chain Planning Software Data Negotiating Skills Negotiate Pricing 98

Logistics Bureau

JULY 10, 2023

For example, you can ask your provider to assess your current processes, identify areas for improvement, and implement streamlined solutions to enhance overall efficiency. They typically operate warehouses and distribution centres located strategically.

3PL 53

3PL Logistics Network Optimization Software Negotiating Skills Inventory Reduction 53

GlobalTranz

JANUARY 4, 2017

In the below is a real world example of a consultant coming to a third party logistics company with the goal of choosing a warehouse and 3pl provider. This two-part blog series will take you thru the RFP questions along with the answers you'd expect to see from the 3PL. Are new cost Savings methods being investigated?

Negotiating Skills 77

Negotiating Skills Cost Reduction Scenario Planning Inventory Reduction 77

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

Parade

MARCH 18, 2021

In this post, we explore truckload pricing tools as an important part of every digital freight brokerage’s operations. Truckload pricing software is key to a broker’s ability to buy freight and sell capacity profitably in the daily spot environment. As a freight brokerage, you live and die by your pricing. Pinpoint Market Rates.

Negotiating Skills 78

Negotiating Skills Price Reduction Tools Cost Reduction 78

Parade

MARCH 18, 2021

In this post, we explore truckload pricing tools as an important part of every digital freight brokerage’s operations. Truckload pricing software is key to a broker’s ability to buy freight and sell capacity profitably in the daily spot environment. As a freight brokerage, you live and die by your pricing. Pinpoint Market Rates.

Negotiating Skills 78

Negotiating Skills Price Reduction Tools Cost Reduction 78

Parade

MARCH 18, 2021

In this post, we explore truckload pricing tools as an important part of every digital freight brokerage’s operations. Truckload pricing software is key to a broker’s ability to buy freight and sell capacity profitably in the daily spot environment. As a freight brokerage, you live and die by your pricing. Pinpoint Market Rates.

Negotiating Skills 78

Negotiating Skills Price Reduction Tools Cost Reduction 78

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

SYSPRO Smarter ERP

OCTOBER 11, 2021

Each day these manufacturers manage complex supply chains , carry out highly precise production, and must negotiate a raft of regulations. For example, the manufacturing of pharmaceuticals vs. processing liquid waste in the mining industry. By-and co-products are often unavoidable outputs and tracking and costing them is critical.

Manufacturing Procurement 119

Manufacturing Procurement ERP Supply Chain Planning Software Purchasing Skills 119

Logistics Bureau

NOVEMBER 4, 2019

This speculative post explores the difference between B2B and B2C freight pricing. Should they offer tiered freight-price options like those enjoyed by consumers, and what stops them from doing so? Tiered Freight Pricing in B2C Markets. Pricing calculations can be based on: Distance traveled. Trucking lanes used.

Purchasing Skills 48

Purchasing Skills Negotiating Skills Negotiate Pricing Freight 48

Ship Monk

JULY 14, 2023

In this blog we’ll provide an overview of the shipping realm, major shipping carriers, and shipping services that may benefit your ecommerce brand the most! Over the years it has grown an extensive network to reach all those mailboxes at low cost and high speeds. Think – books, clothing, stuffed animals.

eCommerce 52

eCommerce Negotiating Skills Material Savings Supply Chain Design Software 52

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

Freight Center

DECEMBER 4, 2018

When shipping items under 70 lbs, parcel shipping is typically the most cost-effective shipping method. To take advantage of FreightCenter’s negotiated rates and see how much it will cost to send your shipment, use our easy freight quote tool to compare rates now. Understanding Weight Density and Shipping Costs.

Negotiating Skills 62

Negotiating Skills Freight Examples Availability 62

Freight Center

DECEMBER 4, 2018

When shipping items under 70 lbs, parcel shipping is typically the most cost-effective shipping method. To take advantage of FreightCenter’s negotiated rates and see how much it will cost to send your shipment, use our easy freight quote tool to compare rates now. Understanding Weight Density and Shipping Costs.

Negotiating Skills 62

Negotiating Skills Freight Examples Availability 62

Blue Grace Logistics

SEPTEMBER 15, 2022

The Logistics Blog®. Poorly optimized networks can have many undesirable outcomes, including loss of customers, runaway freight and labor costs, and siloed — rather than integrated — supply chain management. Managed Logistics Meets Five Challenges for Complex Supply Chain Operations Show Submenu Resources. Whitepaper. Case Study.

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Supply Chain Planning Software Supply Chain Software Supply Chains Meeting 62