Logistics Bureau

APRIL 4, 2022

Whether your company is a big or small player in terms of shipping volumes, and regardless of your chosen transportation modes (road, rail, ocean, air), the health of your bottom line depends in no small part on the competitiveness of your freight prices. The answer is to benchmark your freight, of course. What is Freight Benchmarking?

Negotiating Skills 82

Negotiating Skills Purchasing Skills Logistics Network Optimization Software Supply Chain Planning Software 82

Freightos

FEBRUARY 28, 2024

Most recently, the recent disruptions in the Red Sea that saw ocean freight rates from China to Europe by over 190% and saw transit times lengthen, sea-air services offered a strategic advantage for logistics professionals able to remain agile, by watching trends and jumping at opportunities to ensure a resilient supply chain.

Negotiating Skills 62

Negotiating Skills Cost Reduction Price Reduction Vendor Strategies 62

WorkWave

FEBRUARY 20, 2024

Grasping the Fundamentals From labor costs that hinge on the median electrician’s pay of $27.36 per hour to ensuring your estimates cover both material costs and overhead, mastery over this estimating process is crucial. When it comes to electrical work, understanding the costs involved is crucial for planning your budget.

Negotiating Skills 52

Negotiating Skills Purchasing Skills How To Modeling Software 52

247 Customs Broker

APRIL 19, 2018

The 2018-19 contract season for ocean shipping is here, and it’s time to think about the best way to approach negotiations. Of course, you want to control costs, consider options, and mitigate risks, but it will also be important to keep these five factors in mind as you talk to ocean service providers about the year ahead.

Negotiating Skills 28

Negotiating Skills Price Reduction Cost Reduction Logistics Network Optimization Software 28

GlobalTranz

AUGUST 9, 2017

Unfortunately, finding savings in parcel shipping costs can be difficult at best, especially considering the major carriers’ constant changes to parcel service guides. Carriers have detailed published rates, counter rates and negotiated rates with various shippers, smaller carriers and even destination types. Negotiations.

Negotiating Skills 49

Negotiating Skills Price Reduction Cost Reduction Waste Reduction 49

Logistics in War

NOVEMBER 13, 2017

Through the course of 2017, and because of my academic research, I have been extremely fortunate to interview a range of senior military officers and public servants. Through anecdotes, insights and the narration of history valuable lessons were given by these leaders with respect to a wide variety of strategic issues in Defence logistics.

Negotiating Skills 69

Negotiating Skills Sourcing Strategies Resource Reduction Military 69

Logistics in War

DECEMBER 2, 2019

I have been extremely fortunate to interview a range of senior military officers and public servants through the course of academic research in 2017. Through anecdotes, insights and the narration of history valuable lessons were given by these leaders with respect to a wide variety of strategic issues in Defence logistics.

Negotiating Skills 50

Negotiating Skills Sourcing Strategies Resource Reduction Military 50

GlobalTranz

AUGUST 25, 2015

Freight costs are eminently controllable, however, efficiently managing this major budget item requires expertise. In the complex world of modern transportation, companies lacking the experience to professionally handle the intricacies of transportation management are sure to find controlling shipping costs an extreme challenge.

Negotiating Skills 109

Negotiating Skills Cost Reduction Optimal Sourcing Resource Reduction 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

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

Blog on Log

MAY 4, 2010

Hiding behind pure numbers will only create a one-sided, noncompetitive, zero-sum contract winner — and doom the negotiations, to failure. But the true test of how both sides react will come in the next several weeks, as shippers and carriers wrap up what could be the most important contract negotiations in years, if not more.

Negotiating Skills 40

Negotiating Skills Price Reduction Sourcing Strategies Cost Reduction 40

Logistics Viewpoints

AUGUST 11, 2023

The firms are on course to add 115,000 jobs by 2030, according to the Semiconductor Industry Association — but at current degree completion rates, the group says, nearly three-fifths of those jobs could remain unfilled. Target has a licensing agreement with Starbucks. Baristas at its stores are employed by Target.

Negotiating Skills 108

Negotiating Skills Logistics Network Optimization Software Purchasing Skills Material Savings 108

Blue Grace Logistics

JUNE 28, 2021

3PLs who use predictive analytics to execute prescriptive strategies are agile and able to cover last-minute loads under numerous bandwidth constraints. Leading 3PLs have aggregated years’ worth of internal proprietary market, transaction, interaction, pricing, decision behavior and execution level data not available on external platforms.

Price Reduction 62

Price Reduction Negotiating Skills Cost Reduction Logistics Network Optimization Software 62

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

The Logistics Academy

JUNE 1, 2018

The IMO’s Marine Environment Protection Committee (MEPC) plans to adopt an initial greenhouse gas strategy, the first of its kind for the shipping sector whose annual CO2 emissions are slightly higher than the annual emissions of Germany. Setting a common course? Who’s in command on the open sea?

Course 40

Course Price Reduction Cost Reduction Sourcing Strategies 40

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. As your enterprise grows or market conditions change, it may become evident that your organisation can benefit from partnering with a third-party logistics (3PL) provider.

3PL 53

3PL Logistics Network Optimization Software Negotiating Skills Inventory Reduction 53

Dedola Global Logistics

MARCH 12, 2020

Whether you are an importer, exporter, or broker, you need to consider the cost of shipping. Implementing smart strategies will have a dramatic effect on your company’s bottom line. CIF stands for Cost, Insurance, and Freight. FOB terms offer more control and visibility of their costs. What CIF and FOB Mean.

Negotiating Skills 95

Negotiating Skills Cost Reduction Buyer Training Price Reduction 95

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

United World Transporation

FEBRUARY 4, 2022

Do you know how to negotiate business deals? That means you’ll need to come up with a strategy to keep operational costs to a minimum. Luckily, there are ways to reduce all of these costs. When starting your own trucking business, your biggest expense will, of course, be the truck itself.

Expense Reduction 96

Expense Reduction Cost Reduction How To Negotiating Skills 96

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 60

Negotiating Skills Purchasing Skills Manufacturing Procurement Price Reduction 60

GlobalTranz

FEBRUARY 12, 2018

One of the main responsibilities of this manager is to minimize the cost and maximize the effects of the company’s supply chain. Impressive Communication Skills. They have to possess the skill of articulating complex concepts in a way an outsider or a worker on a lower level can understand. Writing Skills. Tech Skills.

Supply Chain Planning Software 70

Supply Chain Planning Software Supply Chain Software Negotiating Skills Supply Chains 70

Freightos

MARCH 23, 2023

In the debrief department, Sea Intelligence’s Alan Murphy shared data confirming that – of course – surging demand was the trigger for the unprecedented ocean situation. This move is in the hopes of building loyalty from shippers (perhaps especially after the last few years of delays) even at the cost of lower rates – for now.

Price Reduction 62

Price Reduction Inventory Reduction Industry Cost Reduction 62

GlobalTranz

DECEMBER 11, 2017

Go-to solution for responding to the crunches been higher freight rates, and while carriers have traditionally been in control of this, shippers can no longer pass the costs along to consumers directly. Another strategy that is working the past to keep carriers from putting forth outrageous rate hikes is appeasement. Think about.

Price Reduction 64

Price Reduction Cost Reduction Resource Reduction Capacity 64

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

Logistics Business Magazine

FEBRUARY 24, 2022

Infrequent data collection and lacking an IoT data strategy leaves many businesses surveyed struggling to extract full value from their IoT data. A more strategic, ambitious and open approach to gathering and sharing non-sensitive data could unlock substantial benefits for business struggling to make the most of IoT projects.

Waste Reduction 62

Waste Reduction Security Data Supply Chain Planning Software 62

CH Robinson Logistics

JULY 8, 2021

With the continued growth of ecommerce and heightened consumer expectations, fast delivery options, tracking notifications, and shipping costs have become a key driver in customer satisfaction. Developing the right strategy and executing it well has numerous benefits for both you and your customers.

Cost Reduction 62

Cost Reduction Sourcing Strategies Meeting Optimal Sourcing 62

WorkWave

AUGUST 31, 2021

High Shipping Costs. Of course, customers prefer low shipping costs, but the charges have to be covered. However, there are strategies to lower these shipping costs. Of course, there is only so much you can do when the order is out of your hands and in transit to the customer. Consider: .

Optimization Software 52

Optimization Software Procurement Solutions Logistics Network Optimization Software Negotiating Skills 52

Ship Monk

JUNE 1, 2022

Selecting a carrier and overnight option that’s right for you comes down to weight of package, cost, and how quickly you want it to reach its destination. Next-Day delivery on Saturdays generally costs extra unless there are no strict time constraints. Saturday delivery will sometimes cost extra. UPS Next Day Air Early ®.

eCommerce 52

eCommerce Negotiating Skills Cost Reduction Expense Reduction 52

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

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

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

The Logistics Academy

FEBRUARY 13, 2017

Darren Prokop, University of Alaska Anchorage (UAA): As in the academic world in general, there is a trend to online course delivery. We find that a skill set in another discipline gives students a competitive advantage because it can enhance how they practice logistics and supply chain management.

Supply Chain Design Software 40

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

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 79

Packaging Tips eCommerce Inventory Reduction 79

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

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. So, the idea was born of trying to capture that human expert’s knowledge in an expert system. Price pressure and the need to make profits have left many supply chain organisations in a tight corner.

Supply Chain Planning Software 64

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

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

GlobalTranz

MARCH 3, 2016

They negotiate good shipping rates and fast deliveries from transportation companies, and connect them with the businesses that need to transport goods or cargo, so carriers can maximize their loads. Refresh or Develop Some General Skills. Essentially, freight brokers keep the economy running. What does a freight broker do?

Negotiating Skills 51

Negotiating Skills How To Buyer Training Freight 51