WorkWave

DECEMBER 8, 2023

Importance of Having Effective Inbound and Outbound Logistics Efficiently managing inbound operations can significantly impact a company’s overall performance, cost-effectiveness and customer satisfaction. These metrics provide insights into a supplier’s reliability, quality and ability to meet agreed-upon service levels.

Inbound 52

Inbound Optimal Sourcing Logistics Network Optimization Software Inventory Reduction 52

Blog on Log

MAY 4, 2010

Pure data can provide valuable insight, but it doesn’t tell a complete story. Hiding behind pure numbers will only create a one-sided, noncompetitive, zero-sum contract winner — and doom the negotiations, to failure. To a certain degree, almost everything in business has become data-driven.

Negotiating Skills 40

Negotiating Skills Price Reduction Sourcing Strategies Cost Reduction 40

GlobalTranz

MAY 8, 2015

One that is integrated with TMS offers more value for customers and better leverage when negotiating contracts with additional features providing the latest data. The fundamentals of a Freight Rating System match a user’s shipping and freight characteristics and a carrier’s service and price options. Go with TMS Integration.

Supply Chain Planning Software 90

Supply Chain Planning Software Optimization Software Negotiating Skills Logistics Network Optimization Software 90

GlobalTranz

OCTOBER 21, 2015

The more KPIs, the more difficult the negotiation process. After the SLA/KPI is an approved document by both the customer and logistics provider, this document and its contents need to be reviewed monthly to begin with, and quarterly thereafter. All KPIS have a target percentage to meet. 3PL/SLA Skills/Knowledge.

Negotiating Skills 94

Negotiating Skills Optimal Sourcing 3PL Procurement Analytics 94

GlobalTranz

APRIL 5, 2016

However, the economy is on the mend, and the need for immediate cost savings and lean solutions is starting to take the backburner to how 3PL Logistics Companies could benefit shippers through long-term relationships. The needs of yesteryear-clients were quite simple: get costs under control quickly. They get lost or misplaced.

Negotiating Skills 55

Negotiating Skills Logistics Network Optimization Software 3PL Purchasing Skills 55

FreightWaves SONAR

DECEMBER 1, 2020

The modern supply chain rests on a mountain of shipping data. However, the applications of real-time freight data remain disparate and lack value. Meanwhile, it can be used in conjunction with compliance KPIs to guide future freight bidding negotiations. Hassle or cost to serve. Return rate. Request a SONAR demo today.

Purchasing Skills 100

Purchasing Skills Freight Procurement Analytics Optimal Sourcing 100

CLX Logistics

SEPTEMBER 9, 2022

To meet these demands, shippers need the right supply chain management tools with the flexibility to grow and scale as needed. With setup, guidance, and support from supply chain management experts, these tools can help improve processes, reduce costs, and save time. Shipping Management. Telematics-Based Tracking.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Procurement Solutions Optimization Software 52

GlobalTranz

JANUARY 4, 2017

And our client engages with 3PL by open book cost plus contracts and gain share and pain share incentive. What are the major KPI’s to be followed under the below attributes: Cost or Cost Savings. Use Value Engineering : Reduce the Cost and retain the function of anything. Are new cost Savings methods being investigated?

Negotiating Skills 77

Negotiating Skills Cost Reduction Scenario Planning Inventory Reduction 77

GlobalTranz

APRIL 17, 2018

These giants have deep pockets, capable of offering low-cost, if not free, parcel shipping. Unfortunately, the volume of small packages shipped , as well as the variety of carriers used, can make keeping costs in check sound like a dream, inaccessible. Shipping data includes verifying invoices for accuracy and recapturing overpayments.

Cost Reduction 60

Cost Reduction Material Savings Expense Reduction Negotiating Skills 60

Logistics Bureau

OCTOBER 20, 2021

You see, the set of primary data needed to keep an airliner aloft is (apparently) relatively simple—and the same is true of running a supply chain organisation. These key metrics become your organisation’s “multi-function display” and give you the primary data needed to monitor and manage “normal flight conditions.”

Supply Chain Design Software 96

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

GlobalTranz

APRIL 7, 2017

Most transportation costs in a company arise from inbound logistics cost. If other words, the costs associated with transportation of items from vendors make up the biggest portion of will transportation costs, reports Amy Roach Partridge of Inbound Logistics. Real-Time Data Promotes Use of Lowest-Cost Carriers. .

Vendor Strategies 55

Vendor Strategies Inbound Cost Reduction Inventory Reduction 55

Freightos

JANUARY 8, 2019

When it comes to freight, we aren’t equipped to meet these expectations and we can’t risk ignoring millennials; we need to evolve and catch-up with customer expectations in order to thrive in a changing world. Self-service support and document management. Open data standards. Big data and AI. Download Now.

Freight 60

Freight Negotiating Skills Digital Tracking and Tracing 60

GlobalTranz

AUGUST 18, 2016

Value-Added Services and TMS Capabilities Are Critical Points in Contract Negotiation. Value-added services have also taken on a technology-like role as more companies want to use a comprehensive transportation management system (TMS) to thorough document and optimize their processes.

Supply Chain Planning Software 60

Supply Chain Planning Software Optimization Software Supply Chain Software Logistics Network Optimization Software 60

CLX Logistics

FEBRUARY 22, 2024

Procurement management stands at the crossroads of technological innovation and strategic decision-making. From optimizing operational efficiency to maximizing cost savings, organizations must navigate a complex landscape of competing priorities and evolving market dynamics.

Optimal Sourcing 52

Optimal Sourcing Procurement Negotiating Skills Supply Chain Software 52

Logistics Viewpoints

APRIL 26, 2024

Those images are then matched with a natural language processing of text-based description of the product, plus other quantitative data to match the item with its ideal shipping solution. Guffey added that the company is meeting with the agency weekly to ensure a smooth transition before the peak holiday shipping season.

Logistics Network Optimization Software 124

Logistics Network Optimization Software Material Savings Supply Chain Planning Software Cost Reduction 124

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

GlobalTranz

MARCH 18, 2015

You will want to gain insight into what differentiates one 3PL from another, what core capabilities they offer and what skills do they have in developing strategies and thought leadership. From this vantage, a strategic 3PL partnership will form a collaboration with your company to fine tune a strategy to meet your needs.

Negotiating Skills 91

Negotiating Skills 3PL Resource Reduction Cost Reduction 91

Automotive Logistics

APRIL 26, 2018

To meet with storage demand in the future, it is imperative that all stakeholders in the supply chain work together to smooth the nautical chain and enhance the terminal efficiency to create more flexibility and space.”. It is also in “good” negotiations over a new berth for deep-sea vessels, says Tuitjer.

Negotiating Skills 44

Negotiating Skills Logistics Network Optimization Software Handling Purchasing Skills 44

Logistics Bureau

NOVEMBER 20, 2023

That would enable the printing of manifests and proof-of-delivery documents by shipment, to be issued to the delivery crews the following day, and the picking documents for the warehouse. Big Data and Analytics With the latest analytics technology, you can further refine your fleet’s efficiency and plan more accurately.

Presentation 79

Presentation Optimization Software Logistics Network Optimization Software Optimal Sourcing 79

Stord

JANUARY 26, 2021

This assembly of off-the-shelf and custom logistics services and technology tools leaves the traditional supply chain extremely fragile and without the agility to keep up with demand or the visibility to make data-driven decisions in real time.

Supply Chain Planning Software 78

Supply Chain Planning Software Supply Chain Software Modeling Software Logistics Network Optimization Software 78

Conger

DECEMBER 13, 2022

Reliable suppliers with quality supply practices achieve better operational performance in quality, flexibility, reliability, cost, and design. Although there can be a temptation to "chase" the best prices to far-flung places, a local/domestic supplier is a great choice to reduce lead times. Reduce costs.

Manufacturing Procurement 52

Manufacturing Procurement Inventory Reduction Vendor Strategies Waste Reduction 52

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. Rather, going beyond customer expectations needs to be fully understood, and transportation strategies then developed to meet those expectations with optimal inventory levels.

Waste Reduction 53

Waste Reduction Cost Reduction Inventory Reduction Price Reduction 53

247 Customs Broker

MARCH 7, 2018

The tool taps into more than 100 global parcel couriers, local carriers, and 3PLs worldwide, and also gives buyers beneficial rates using volume FlavorCloud’s volume discount negotiated directly with its network of carriers. Broker Empowerment.

Logistics Network Optimization Software 28

Logistics Network Optimization Software Optimization Software Supply Chain Software Negotiating Skills 28

Material Handling and Logistics

OCTOBER 26, 2018

In recent years, firms both large and small have launched new “Data Science” or similarly named groups. 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.

Supply Chain Design Software 89

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