GoShip Blog

JANUARY 16, 2019

In today’s society, people expect to get whatever they want, whenever they need it at the price they want. Shippers can benefit from creating a focused shipping strategy to reduce freight costs and increase profitability and efficiency. The first step to creating your shipping strategy is researching your carrier options.

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FreightWaves SONAR

JANUARY 28, 2021

Adjusting current logistics strategies demonstrated the second great challenge of the pandemic. Embracing new and improved logistics strategies remains the best way to adapt to clients’ changing demands in 2021 and beyond. Strong and versatile logistics strategies depend on this data. Download the White Paper.

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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: How to Calculate the Cost of Transport 2. Read also: A Study of Unit Economics in Last Mile Delivery Is it essential to reduce last-mile delivery costs for vehicles?

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GoShip Blog

MAY 6, 2022

When it comes to planning your shipping budget, it’s easy to get confused over the principles of transportation pricing. What are the freight pricing options? Besides modifying the critical points of logistics planning, it also affects the approach to the pricing of shipping services. What are contract rates?

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3PL Links

SEPTEMBER 8, 2023

Unlocking Customer Satisfaction: Is Your Fulfilment Strategy Aligned with Expectations? But in this post, we’ll focus on what is arguably the trickiest and most important topic of all: how to place inventory in the “Omni” consumer era across the entire network. As a result, the local supply/demand matching issue (i.e.,

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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.

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FreightWaves SONAR

JANUARY 25, 2021

For managers in the transportation industry, freight load pricing accuracy remains a source of confusion and disruption. Freight management companies and partners can remain unsure of how to attain or utilize meaningful, actionable freight data. . Why outdated data hurts carriers in the short- and long-term. Request a SONAR Demo.

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3PL Links

FEBRUARY 14, 2024

Image source: Flickr | Logistics Planning 2024: How To Carry out Logistical Planning for This Year Have you ever given the recent evolution of logistics any thought? Read also: How to Make Reverse Packaging Logistics More Efficient? How to carry out logistical planning for 2024? Why is logistical planning necessary?

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Blue Grace Logistics

NOVEMBER 21, 2023

How to Navigate Your Supply Chain During Market Swings Show Submenu Resources The Logistics Blog® Newsroom Whitepaper Case Study Webinars Indexes Search Search BlueGrace Logistics - November 21, 2023 Market conditions play a crucial role in shaping challenges professionals face when managing their organization’s supply chains.

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Ship Monk

APRIL 16, 2024

Triangulation Fraud This scam involves a fraudster selling products on Amazon or eBay at attractively low prices. For this reason, many businesses focus their fraud prevention efforts at trying to reduce the number of transactions that are flagged for manual review. The legitimate ecommerce business must then absorb the chargeback.

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GlobalTranz

APRIL 13, 2021

Don’t expect to plan for every disruption; instead, develop a strategy to overcome supply chain disruption, regardless of the source. Preparing your supply chain for resiliency begins with risk management and a proactive strategy. Price fluctuations and sourcing issues. It’s not enough to have a Plan B, just in case.

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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.

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Blue Grace Logistics

MARCH 17, 2022

High priced diesel fuel impacts the total cost of transportation through fuel surcharges. How to help manage overall transportation costs. How high diesel prices may change future freight procurement strategies. How high diesel prices may change future freight procurement strategies.

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Logistics Bureau

SEPTEMBER 4, 2023

And, of course, I will also share how knowing your cost-to-serve will help you to solve those all-too-familiar performance gremlins. If your business is experiencing a persistent reduction in profit margins, analysing your cost to serve is an advisable step in diagnosing the causes. We’ll begin with a look at pricing strategy.

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GoShip Blog

NOVEMBER 25, 2022

There are several shipping pricing methods for e-commerce businesses–each with its strengths and weaknesses. Flat-rate shipping is a pricing method where the shipping fee depends on the size of the box or envelope rather than the item’s dimensional weight. Pros and Cons of Flat-Rate Shipping Method. Pros of Flat-Rate Shipping.

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Price Reduction Purchasing Skills Cost Reduction Expense Reduction 52

CLX Logistics

JULY 13, 2020

What you really need to understand and be able to communicate to management is where you should be and how to get there. Unless you are in a pure commodity market, price is important. Now, let’s look at how to get there. Therefore, it’s critical to use these tools within the context of a well-developed strategy.

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Dedola Global Logistics

DECEMBER 16, 2019

How To Reduce Soft Costs in Shipping. An experienced forwarder or third-party logistics company (3PL) can help you improve your bottom line by reducing your soft costs in addition to saving you money on hard costs. . For instance, things like fuel prices, hourly wages for employees, and materials are some hard costs.

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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.

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The Logistics of Logistics

SEPTEMBER 19, 2022

By incorporating telematics and dash cam data from its customers into its integrated risk management model, HDVI is able to select, price, manage, and retain risk more accurately and efficiently than incumbent commercial auto insurance providers. Learn More About The HDVI Story. Chuck’s LinkedIn. HDVI LinkedIn. Customer testimonials.

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Logistics Bureau

NOVEMBER 6, 2023

Of course, there is no quick and easy way to curb increases in the cost of energy and labour, but now is an excellent time to start thinking about practical ways to reduce energy usage and increase labour productivity and efficiency. There are several possible ways to eliminate this form of energy wastage.

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EazyStock

NOVEMBER 19, 2020

Yet inventory replenishment planning – done correctly – can have a really positive impact on your business in terms of improving operational efficiency, reducing supply chain risk and enhancing bottom line profitability. But when looking at the bigger picture the ‘best-price’ is not always the most cost-effective way to procure a product.

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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. Finance, sales and purchasing teams can think more clearly about the state of the industry and how to align their strategies accordingly.

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GoShip Blog

NOVEMBER 24, 2023

It helps them locate the cargo inside the truck and calculate the shipping price. If you mistake the freight class, it may result in improper cargo handling and increased shipping prices. Together with the freight class of your cargo, its weight determines the final price of the shipment. How to fill it out?

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Freightera

MAY 31, 2022

And by process of elimination, you’ll be able to check out if this service type suits you or if you need something else. For example, carriers may not know their pricing too far ahead of time because they cannot possibly predict their availability, so prices might fluctuate heavily. Well, we’re here to answer your questions.

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Blue Grace Logistics

NOVEMBER 21, 2023

a How to Navigate Your Supply Chain During Market Swings Show Submenu Resources The Logistics Blog® Newsroom Whitepaper Case Study Webinars Indexes Search Search BlueGrace Logistics - November 21, 2023 In the realm of ever-fluctuating food prices, a pragmatic revolution is quietly taking place in the shopping carts of budget-conscious consumers.

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GlobalTranz

NOVEMBER 13, 2018

The use of dimensional (DIM) pricing has an extensive history by the Big Three carriers. FedEx, UPS, and DHL all claim to have been the first to switch to DIM pricing in 2013, but all packages were swapped over into the DIM pricing model in 2015. Reduce wasted packaging. Get Your Free Copy Here. Download eBook.

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GoShip Blog

JANUARY 11, 2023

Learning how to work through labor shortages keeps your business competitive and your customers satisfied. . You can also offer store pick-up to eliminate the need for deliveries until things settle a bit. Therefore, warehouses must employ strategies to automate their procedures and keep errors to the barest minimum.

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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. Finding that sweet spot – even if it isn’t the lowest possible number – ultimately leads to reduced transportation costs and improved routing guide compliance.

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Ship Monk

SEPTEMBER 14, 2022

How to Calculate Beginning Inventory. For eCommerce merchants and retailers , this number includes the purchase price and the carrying/holding costs associated with stocking and storing inventory in a warehouse. For more on this, read our blog Merchandise Inventory Tracking and Accounting.

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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. Download the White Paper.

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Price Reduction Data Freight Optimization Software 52

3PL Links

FEBRUARY 26, 2024

Learn about the idea of outsourced storage, how it operates, and its primary benefits in the upcoming topics. Read also: How to Manage a Warehouse: The 10-Step Guide to Logistics Management What is warehouse outsourcing? Reducing expenses is unquestionably necessary to turn logistics into a differentiator in the marketplace.

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CLX Logistics

MAY 3, 2024

A resilient and agile supply chain strategy is not just a prudent choice—it’s a necessity, especially within the context of chemical supply chains. Challenges in Supply Chain Strategy Planning Designing a resilient and agile supply chain organization is not without its challenges.

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Material Savings Resource Reduction Cost Reduction Sourcing Strategies 69

Ship Monk

JULY 19, 2022

Whether you’re handling your own eCommerce fulfillment or considering a third party logistics company ( 3PL ) to handle it for you, you need to have a clear understanding of the shipping options available, how to calculate eCommerce shipping costs, and ways to reduce these shipping costs. Prices accurate as of 7/5/2022.

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eCommerce Purchasing Skills Cost Reduction Material Savings 52

Logistics Bureau

NOVEMBER 8, 2021

Because you can find plenty of other articles on this blog and the Logistics Bureau blog if you’d like to peruse such lists. Supply chain management objectives can encompass several success factors, including cost reduction, supply chain speed, efficiency, and service improvement. The Importance of Aligned Objectives.

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Supply Chain Software Supply Chains Scenario Planning Cost Reduction 81

Blue Grace Logistics

NOVEMBER 28, 2023

Growers, shippers, and retailers with advanced supply chain strategies are earning consumer loyalty, thanks in part to the supply chain professionals who plan, execute, and adapt to the challenges posed by fresh produce. Reducing the environmental impact of producing and transporting produce is a major concern.

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Ship Monk

JULY 20, 2023

Carriers adjust their base rates annually according to projected operating costs, shipping capacity, forecasted demand, fuel prices, and other factors. Surcharges are meant to help shipping carriers cover increases in operational costs due to forces outside their control, such as fuel price increases and rising labor costs.

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Negotiating Skills Purchasing Skills eCommerce Cost Reduction 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.

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