Remove Definition Remove Meeting Remove Negotiate Pricing Remove Strategy
article thumbnail

Procurement Logistics: What Is It & Where Do Logistics Providers Fit In?

GlobalTranz

The Definition of Procurement Logistics. The answer is closely linked with how a company markets and contacts suppliers and vendors, reports Srikanth Pinagali. Ultimately, these raw materials must be obtained from suppliers and transported to the factory. But, what specific logistics processes would be included in this scenario?

article thumbnail

Rewriting the rules

Automotive Logistics

A bill laying down the basis of a new national localisation strategy was published in August that is designed to replace the current industrial assembly agreements. . Belarus and Kazakhstan, however, have no such obligations and have negotiated the right to continue supporting assembly plants in their countries with lower duties.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

13 Warehouse Types: Definitions, Functions & Examples

Conger

Looking for a private warehousing definition? Now that we’ve covered private warehouses, let’s give a public warehouse definition. Lower freight costs since these warehouses often negotiate favorable rates with freight companies based on their volume of clients and order throughput. Department of Interior. Department of Energy.

article thumbnail

What is Fleet Management | A Complete Overview Guide

Conger

Introduction to Fleet Management Fleet Management Definition Businesses across all sectors depend on commercial vehicles to transport people and products daily from cross-country delivery services to your neighborhood gas and oil provider. Fleet management is the process of organizing, coordinating, and overseeing company vehicles.

article thumbnail

Driving value into the supply chain

Automotive Logistics

Better communication is needed in the automotive supply chain, including between OEMs, suppliers, logistics providers and IT experts providing digital supply chain services. Rene Diest, global chief information officer (CIO) at interiors supplier Faurecia, agreed that in a data-driven economy it was all about “the fast beating the slow”.

article thumbnail

What is Minimum Order Quantity and Should My eCommerce Business Set One?

Ship Monk

For suppliers and merchants, however, setting a minimum order quantity for your goods can mean the difference between losing money and making a profit on each sale. This article will define minimum order quantity, show you some examples, and help you decide if it’s the right strategy for the type of items you sell online.

article thumbnail

Ecommerce Terms: A-Z Glossary PART 2

Ship Monk

A manufacturer purchases steel from a supplier and turns it into tiny gears to make watches. To the supplier, the steel is merchandise inventory (a.k.a. By forcing customers to buy a certain number of product(s) with each order, a supplier can achieve profitability through economies of scale. finished goods).