Freightos

MARCH 27, 2024

I was fortunate to be able to attend again this year, and, though I couldn’t sit in on all the sessions or meetings I would’ve liked, here are my key takeaways: Geopolitical challenges, Red Sea especially Geopolitics were, of course, on people’s minds.

Logistics Network Optimization Software 90

Logistics Network Optimization Software Modeling Software Optimization Software Negotiating Skills 90

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

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

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

Logistics Viewpoints

FEBRUARY 17, 2023

The American and Canadian militaries believe that the balloon was for surveillance, while the Chinese government said it was a civilian meteorological research airship that had blown off course. Expanding the smart package initiative will help UPS strengthen its network efficiency as it seeks to reduce costs in a cooling demand environment.

Supply Chain Planning Software 121

Supply Chain Planning Software Logistics Network Optimization Software Cost Reduction Waste Reduction 121

Blue Grace Logistics

JULY 24, 2018

Of course, every business owner wants their operations running as tightly and efficiently as possible, but the footwork required to determine how to optimize your business’s operations and see tangible results is often easier said than done. . Typically, it costs less than a full truckload, an obvious appeal to any shipper. .

Optimal Sourcing 48

Optimal Sourcing Negotiating Skills Cost Reduction Supply Chain Design Software 48

Freightos

OCTOBER 31, 2023

More Resources Home Bridging Two Realms: The Digital-Analog Dance in Logistics Ian Arroyo Unbox your Freight knowledge. Here are a few practical examples of where fully digital solutions, which require end-to-end digitization – just don’t work…and how we’ve worked both together and around them. Both are key.

Digital 71

Digital Logistics Network Optimization Software Negotiating Skills Price Reduction 71

WorkWave

FEBRUARY 13, 2024

These services can be cost-effective and scalable, but they may lack personalization for customers. Crafting Your Job Description Your job description should clearly outline the specific skills and experience required for the role. Begin by identifying your must-have skills and qualifications.

Negotiating Skills 52

Negotiating Skills Buyer Training How To Document 52

Logistics Bureau

JULY 10, 2023

You will still need a hand on the tiller to define logistics strategy, manage the relationship with the 3PL provider , and monitor performance. For example, you can ask your provider to assess your current processes, identify areas for improvement, and implement streamlined solutions to enhance overall efficiency.

3PL 53

3PL Logistics Network Optimization Software Negotiating Skills Inventory Reduction 53

Now, That's Logistics

JULY 30, 2018

How Port Selection is Becoming Increasingly Critical to Supply Chain Strategy. Port selection can play a major role in both how long it takes to get your products to market, and how much it costs. Walmart for example—the world’s largest company by revenue (approx. Four Corners” Strategy. Additional language available.

Negotiating Skills 60

Negotiating Skills Cost Reduction Supply Chain Design Software Supply Chain Software 60

Logistics Bureau

OCTOBER 11, 2021

The first steps, of course, are to understand the challenges you face, prioritise them for action, and consider the resources and help you need to meet and overcome them. Supply Chain and Logistics Knowledge. Where to Access the Knowledge You Need. There are, of course, several ways to achieve a logistics knowledge infusion.

eCommerce 62

eCommerce Supply Chain Planning Software Negotiating Skills Material Savings 62

Ship Monk

NOVEMBER 1, 2022

Of course it would, and that’s why ShipMonk exists. ShipMonk’s Virtual Carrier Network (VCN) is an advanced transportation management strategy that guarantees orders are delivered on-time at the best possible rate. What is the cost of that to your business? Take COVID for example. What is a Virtual Carrier Network?

Networks 52

Networks Negotiating Skills Inventory Reduction Cost Reduction 52

ShipLilly

APRIL 7, 2021

One of the options that can be used is to ask the insurer to cover part of or all the replacement costs. The costs of compensating for lost cargo can be much higher than those that are incurred by saying no to excess cargo. That means that shippers must negotiate specific arrangements with their insurers. Assessing Risk.

Cost Reduction 59

Cost Reduction Expense Reduction Inventory Reduction Resource Reduction 59

Logistics Business Magazine

SEPTEMBER 27, 2022

MV: Of course! It is easier for us to present the KION Groups strategy to customers and to make it clear that Baoli can definitely have its place in a market that has already grown and that it also stands out clearly from the offerings of other Chinese brands. Q: What is a typical sales negotiation like for you?

Negotiating Skills 56

Negotiating Skills Purchasing Skills Manufacturing Procurement Price Reduction 56

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. Are B2B freight providers falling behind? The likelihood is that you did.

Purchasing Skills 48

Purchasing Skills Negotiating Skills Negotiate Pricing Freight 48

GlobalTranz

AUGUST 9, 2016

The are the 8 Rights of Lean Transportation thinking: Right Materials, Right Quantity, Right time, Right Place, Right Source, Right Price, Right Quantity, and. It is surprising how far people walk in the course of a year in many processes. Transportation strategy should not drive how and when product is delivered. Right Service.

Waste Reduction 53

Waste Reduction Cost Reduction Inventory Reduction Price Reduction 53

Logistics Viewpoints

MAY 24, 2022

Of course, you will need a team of dedicated IT specialists to keep the system running. So, if you’re not up for all of that, as well as the cost that comes with it, try the next best option. SaaS, however, will only accommodate a standardized program, but the cost-efficiency and thin staff profile make up the difference.

Modeling Software 112

Modeling Software Logistics Network Optimization Software Supply Chain Software Automation 112

Logistics Bureau

JULY 25, 2022

Supply challenges arising from the war will hit many industries, with electronics being a prime example, since Russia and Ukraine are both sources of materials such as palladium and neon , vital for the manufacture of semiconductors. Rapidly rising fuel prices will bring about even more widespread supply chain disruption.

Supply Chain Design Software 104

Supply Chain Design Software Supply Chain Design Supply Chains Scenario Planning 104

GlobalTranz

AUGUST 21, 2015

Throughout the course of business, demand for items will contract and grow, and your business needs to be able to process customer orders. Over the course of time, an LTL carrier will increase rates to their consumers. For example, the carrier may pay these costs at the time of border-crossing, and you can reimburse the carrier.

Negotiating Skills 94

Negotiating Skills Purchasing Skills Material Savings Manufacturing Procurement 94

World Food Programme Logistics

JUNE 4, 2019

In Lebanon , WFP’s supply chain unit works with 450 shops to remove market inefficiencies, improve access to shops, lower prices and improve shopping experiences. are the core of WFP’s retail engagement strategy. That is achieved by encouraging lower food prices, increasing hygiene and security, and proposing better quality products.

Temperature 40

Temperature Purchasing Skills Negotiating Skills Price Reduction 40

Logistics Bureau

SEPTEMBER 20, 2022

For example, it either makes sense to outsource logistics activity to a 3PL, or it makes more sense to keep it in-house. To do so will likely lead to problems at some point, such as when crises arise relating to logistics service and cost. When Cost is Not an Appropriate Reason to Insource or Outsource.

Outsourcing 98

Outsourcing Cost Reduction Resource Reduction Expense Reduction 98

Logistics Bureau

JANUARY 1, 2018

It costs money to put solid AI and lights-out solutions in place. Of course, it can also open new opportunities for tomorrow. The following are examples. A key example is the expert system. So, the idea was born of trying to capture that human expert’s knowledge in an expert system. Image processing is an example.

Supply Chain Planning Software 64

Supply Chain Planning Software Supply Chain Software Supply Chains Modeling Software 64

FreightWaves SONAR

APRIL 29, 2021

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. . Using SONAR data in contract negotiations with carriers and 3PLs. . Inflation in the prices of goods. Inflation in freight costs.

Negotiating Skills 52

Negotiating Skills Cost Reduction Data Sourcing Strategies 52

Ship Monk

APRIL 4, 2023

Meanwhile, if a shipping label is incorrect (in terms of sender or receiver information), blurred, or even peeled slightly, an order can easily veer off course. Of course (see what we did there?) Here are nine strategies for nipping the negative impact of lost packages in the bud. #1 it’s not always on you. Probably not.

Packaging 81

Packaging Tips eCommerce Inventory Reduction 81

The Logistics Academy

FEBRUARY 13, 2017

For example, as online sales reach a record high, B2C service provider Jet.com uses some creative logistics concepts to bring value to customers. Darren Prokop, University of Alaska Anchorage (UAA): As in the academic world in general, there is a trend to online course delivery. But hard skills must be coupled with soft skills.

Supply Chain Design Software 40

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

Freightos

APRIL 27, 2023

But the pandemic was a wakeup call, with COVID having a dramatic effect on supply chains and suddenly prices and transit times became a flagship focus for board rooms. In fact, 70% of BCOs use market data for internal justifications, outperforming the use of market intelligence platforms for negotiations.

Data 62

Data Freight Optimal Sourcing Supply Chain Software 62

Kanban Logistics

AUGUST 13, 2020

Right now, your buyers probably spend a good percentage of their time negotiating with, and procuring goods from, makers of boxes, nuts, bolts, and other consumable parts and materials. By allowing your 3PL provider to purchase non-strategic materials on your behalf , you’ll reap the following rewards: Keep your cash longer.

Manufacturing Procurement 98

Manufacturing Procurement Inbound 3PL Material Savings 98

Talking Logistics

MARCH 1, 2019

So I brought it back to the garage, and they replaced it again, at no cost, of course. req’d) China Trade War Cost Tops $40 Billion in Lost US Exports (IndustryWeek) Delivering the Future: FedEx Unveils Autonomous Delivery Robot UPS eFulfillment Program Launches To Help Sellers Worldwide Easily Manage Multiple Marketplaces C.H.

Negotiating Skills 60

Negotiating Skills Logistics Network Optimization Software Cost Reduction Supply Chain Planning Software 60

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. Then, it all appeared to slowly die out over the course of the next 50 years. Consider our example from this blog post. Where Are the Workers?

Manufacturing Procurement 111

Manufacturing Procurement Negotiating Skills Industry Purchasing Skills 111

Logistics Bureau

APRIL 18, 2019

Of course the same is true in many professions, but is particularly so in the arena of supply chain and logistics. Here are some of the planning roles that you could aim for: Supply Chain Planner : Typically a management role with responsibility to analyse supply chain performance and develop strategies for improvement.

Manufacturing Procurement 96

Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software Supply Chain Design 96

Logistics Bureau

AUGUST 14, 2018

Globalisation, ever-changing customer needs, and other market forces serve to maintain a state of liquidity, requiring companies to re-evaluate strategies and business models on a regular basis. Expected Cost Savings Not Realised. One of the primary reasons to outsource is to achieve cost savings.

Outsourcing 56

Outsourcing Cost Reduction Material Savings Operations 56

GlobalTranz

JUNE 17, 2016

In a sense, shippers have plenty of power at the start when placing orders for pick up, but carriers have the final say in what freight shipping costs. When shippers misrepresent freight, it risks much more than just the cost charged by the company. What’s the Problem When Shippers Misrepresent Freight?

Negotiating Skills 54

Negotiating Skills Freight Cost Reduction Price Reduction 54

Talking Logistics

SEPTEMBER 20, 2017

Here’s an easy way to think about the regular and potential future disruptions that could impact your ocean shipping strategy, and what you can do to prepare for what comes next. At these times of the year, you should see less risk to your standard ocean shipping strategy. Yellow: Space is getting tighter.

Scenario Planning 63

Scenario Planning Freight How To Negotiating Skills 63

247 Customs Broker

SEPTEMBER 25, 2018

Lakshmi September 25, 2018 The Global Shippers Forum has reacted with suspicion to the announcement by the Maersk container shipping line of new fuel surcharge arrangements from 1 January 2019 to recover presumed costs from the introduction of low-sulphur marine fuel from 1 January 2020. but North Europe to Far East of 0.7.

Negotiating Skills 28

Negotiating Skills Expense Reduction Cost Reduction Price Reduction 28

Freightos

JANUARY 8, 2019

They’re licensed to be an ocean freight forwarder, and they’ve bought some aircraft and an airport; and of course they are a huge warehousing player. Kuehne+Nagel was one of the first big freight forwarders to have price quotes and self-service directly on their homepage. As you know, Amazon received an NVOCC license.

Freight 60

Freight Negotiating Skills Digital Tracking and Tracing 60

247 Customs Broker

FEBRUARY 22, 2018

administration apparently still settling its strategy for economically engaging other nations? Officials from the 11 member governments of the sans-U.S. We would consider negotiating with the rest, either individually, or perhaps as a group, if it is in the interests of all.”. “As I have said, the United States.

Negotiating Skills 28

Negotiating Skills After-sales Optimal Sourcing Government 28

Material Handling and Logistics

OCTOBER 26, 2018

As the phenomenon of Big Data has taken hold in the private sector, many firms which as recently as 10 years ago devoted minimal resources to large scale database mining and analytics have reversed course. For example, the NIST demonstration shows an assembly operation. data scientists), hardware and software across industry.

Supply Chain Design Software 89

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