Logistics Business Magazine

SEPTEMBER 19, 2023

Autonomous Quotation Price negotiations remain opaque and manual in the growing freight spot market. Automating the process can also unlock cost-savings by minimising the manual work involved in the quotation process. Freight forwarders, brokers and LSPs spend considerable time manually researching and building quotes.

Logistics Network Optimization Software 62

Logistics Network Optimization Software Supply Chain Design Software Modeling Software Negotiating Skills 62

FreightWaves SONAR

FEBRUARY 20, 2024

For brokers and carriers specifically, these relationships hinge on fair and transparent rate negotiations. This was definitely a customer-driven request, and it’s something that we’re really excited about,” said Trucker Tools CEO Kary Jablonski. This builds stronger relationships and boosts service and compliance levels.

Tools 52

Tools Negotiating Skills Availability Data 52

Freightos

DECEMBER 28, 2023

Judah Levine December 28, 2023 Optimize your logistics tendering, vendor selection, negotiations, and procurement with Freightos Data Book a Demo Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) increased 7% to $1,659/FEU. Europe prices (FBX11 Weekly) increased 11% to $1,621/FEU.

Negotiating Skills 77

Negotiating Skills Price Reduction Vendor Strategies Cost Reduction 77

Log-hub

APRIL 15, 2022

Then get that strategic mindset and holistic approach to understand IT as a buyer, go deeply into cost-to-serve understanding, and spread AI awareness in your market. An all-inclusive package of skills and tools has to go hand in hand with the top management of every company. Are you into this already?

Negotiating Skills 52

Negotiating Skills Supply Chain Planning Software Supply Chain Software Optimal Sourcing 52

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 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. Although discussed in the context of strategic logistics they are broadly applicable, and many are clearly relevant to effective strategic leadership.

Negotiating Skills 69

Negotiating Skills Sourcing Strategies Resource Reduction Military 69

Logistics in War

DECEMBER 2, 2019

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. Although discussed in the context of strategic logistics they are broadly applicable, and many are clearly relevant to effective strategic leadership.

Negotiating Skills 50

Negotiating Skills Sourcing Strategies Resource Reduction Military 50

Talking Logistics

MAY 23, 2018

Considering the increased sales volume our company is experiencing, you bean counters should be grateful I’m able to get our freight covered and delivered at any price!”. Combating Rising Freight Costs with a TMS. where they’re being hit especially hard on cost. where they’re being hit especially hard on cost.

Negotiating Skills 60

Negotiating Skills Supply Chain Software Modeling Software Optimization Software 60

GlobalTranz

OCTOBER 13, 2015

Did you know by definition, a 3PL is considered a freight broker and must go through the process each year to invest in their own business so they can support those? The Cost to Be a Freight Broker. If you've been eyeing the idea of starting your own freight brokerage, the startup costs have definitely been on your mind.

Negotiating Skills 109

Negotiating Skills Cost Reduction Price Reduction Freight 109

Logistics in War

MARCH 23, 2018

Through researching the way in which the ADF has prepared and mobilised its logistics capabilities at the strategic level, I have been extremely fortunate to interview a range of senior military officers and public servants. Strategic failure. By David Beaumont. This is often the case with respect to logistics.

Negotiating Skills 52

Negotiating Skills Sourcing Strategies Resource Reduction Military 52

Talking Logistics

JULY 17, 2018

Overall, not only are fees increasing to $80 list for both carriers, but the definitions are tightening, and the minimum billable weight is changing (FDX). For example, if a package qualifies for oversize according to FedEx’s definition, it will receive an $80 charge (list rate). Seek Help: Partner with a Consultant to Minimize Costs.

Negotiating Skills 72

Negotiating Skills Optimal Sourcing Packaging Definition 72

3PL Links

DECEMBER 2, 2022

Given that it is a subject that every businessperson should be knowledgeable about, it is a crucial logistics function in the supply chain. We will address the following topics in this article: Inbound logistics definition and significance. Cost savings through supplier negotiations. Duties of inbound logistics.

Inbound 62

Inbound Sourcing Strategies Material Savings Inventory Reduction 62

Logistics Viewpoints

DECEMBER 7, 2021

They face higher costs. In some cases, those same caps bring even higher costs. They have less negotiation power with carriers and partners. Proactive shippers have used multi-carrier parcel shipping technologies and strategies to navigate rising carrier costs for years. They must navigate carrier parcel volume caps.

Price Reduction 114

Price Reduction Cost Reduction Inventory Reduction Capacity 114

MTS Logistics

JANUARY 3, 2023

The definition of normalization is difficult to come by. Larger retailers will use these levels as a benchmark to negotiate new contracts with carriers. During contract negotiations anyone with regular volume will have the upper hand. Transpacific eastbound to U.S. West Coast ocean freight rates have bottomed out.

Negotiating Skills 104

Negotiating Skills Industry Tracking and Tracing Inventory Reduction 104

Logistics Business Magazine

JANUARY 11, 2023

With negotiations going on to bring contract rates in line with spot rates, a reset is expected. Furthermore, the chances of new strikes coming up are high due to inflation-related rise in prices putting pressure on workers’ disposable incomes. Two, almost three exceptional years for carriers are definitely coming to an end.

Supply Chain Software 68

Supply Chain Software Supply Chains Industry Negotiating Skills 68

Women in Trucking

JUNE 3, 2019

Having experience is a definite bonus and will enable you to negotiate if you have a clean driving record and strong references. If you want to be a driver make sure you get the necessary licenses - and then apply and negotiate. Many skills are transferable from non-transportation industries.

Negotiating Skills 45

Negotiating Skills Buyer Training Trucking Logistics Network Optimization Software 45

Logistics Business Magazine

SEPTEMBER 27, 2022

MV: Definitely. It definitely is. 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. MV: Of course! MV: Very important!

Negotiating Skills 63

Negotiating Skills Purchasing Skills Manufacturing Procurement Price Reduction 63

Freightera

DECEMBER 18, 2023

“Whoever works with logistics knows of the constant problems and issues with carriers, but the fantastic team at Freightera always comes through quickly, and often offers and negotiates the best possible solution on our behalf. Also have great prices. Great pricing and great service. Can do it on my time in the evening.

Negotiating Skills 42

Negotiating Skills Price Reduction Definition Reliability 42

GlobalTranz

OCTOBER 16, 2018

In this “The Freight Project Podcast” episode you’ll hear : What the value to shippers is in having a third party be a part of rate negotiations and manage carrier relations. The Definitive Guide to Transportation Terminology. Capacity Crunch & Freight Management Resources. Download eBook.

Collaboration 64

Collaboration Negotiating Skills Capacity Freight 64

Logistics at MPEPS at UPV

MAY 7, 2022

By definition, Incoterms are a set of 11 globally accepted standards, issued by the International Chamber of Commerce (ICC), that specify sellers’ and purchasers’ duties. So, always have in mind this part in business so you won’t find any unpleasant surprises in your negotiations.

Negotiating Skills 52

Negotiating Skills Purchasing Skills Definition Document 52

GoShip Blog

JULY 25, 2018

So, to help you out, here is a curated list of some of the most common important terms and their definitions: Accessorial Charge – Fees for services beyond normal pickup and delivery. Fuel Surcharge (FSC) – The price of fuel can substantially change the cost of moving freight. i.e.: shipment storage.

Negotiating Skills 49

Negotiating Skills Freight Material Savings Price Reduction 49

Logistics Bureau

AUGUST 23, 2020

Independent consultants by definition have to be objective. Independent consultants by definition have to be objective. In a high trust relationship, matters are resolved quickly and at a low cost. Lack of trust, on the other hand, slows everything down and eventually costs more—and clients start walking away.

Supply Chain Software 62

Supply Chain Software Supply Chains Negotiating Skills Vendor Strategies 62

GlobalTranz

SEPTEMBER 12, 2016

The Definition of Procurement Logistics. Every cost associated with manufacturing a product increases its value. If a manufacturer must play 10-percent higher costs of raw materials, the resulting spike in charges may cause an increase to the end-user. Where Do Logistics Providers Come Into Play With Procurement Logistics?

Manufacturing Procurement 101

Manufacturing Procurement Procurement Solutions Optimal Sourcing Procurement Analytics 101

Globalior

AUGUST 14, 2020

Demurrage is a cost paid to a shipping line when the owner of cargo is not able to take full delivery of the cargo within the stipulated time. Sometimes demurrage costs is confused with detention costs, because demurrage can occur due to the container being detained. These costs can occur in many situations.

Negotiating Skills 52

Negotiating Skills Document Cargo Scenario Planning 52

Ship Monk

JULY 14, 2023

In general, for a brand to reach maximum success, the shrewdest tactic is to partner with a 3PL like ShipMonk that works with a wide network of shipping carriers so your products can go out in the time frame, and at a cost, that benefits you best. Think – books, clothing, stuffed animals. Think – refrigerators, stereo systems, furniture.

eCommerce 52

eCommerce Negotiating Skills Material Savings Supply Chain Design Software 52

247 Customs Broker

MAY 30, 2018

Further evidence of this surfaced in recent weeks when the world’s leading vessel operators announced the introduction of “emergency” bunker surcharges in response to rising fuel costs. As a throwback to bygone days of “cartel” action, this tactic was done in unison, placing higher costs on existing bunker surcharges.

Negotiating Skills 28

Negotiating Skills Negotiate Pricing Operations Buyer Training 28

Logistics Manager

MAY 1, 2018

As more and more carriers have rightfully focused intensely on cutting costs over recent years, it is in fact the ones that have stuck to having a customer centric focus that look to win the long game and are able to truly separate themselves from the crowd. This is part of an overall trend we’ve seen with carriers looking to cut costs.

Negotiating Skills 48

Negotiating Skills Buyer Training Supply Chain Software Cost Reduction 48

Globalior

JULY 9, 2020

Non tariff barrier definition A non tariff barrier is used to control and restrict specific cross border trade activities without the imposition of import duty. Such licensing frameworks may make it difficult or cost inefficient for small traders in the country to import certain commodities.

Negotiating Skills 52

Negotiating Skills Examples Cost Reduction Definition 52

Transporeon

DECEMBER 14, 2016

In the past, each individual plant was responsible for their own logistics, be it negotiating rates with transportation companies, dock scheduling or other activities. It definitely helps our teams in each shipping facility better plan. Detention charges are definitely easier to validate and sometimes even easy to reject.

Scenario Planning 48

Scenario Planning Negotiating Skills Logistics Network Optimization Software Price Reduction 48

247 Customs Broker

DECEMBER 13, 2018

This week’s negotiations in Newark, New Jersey, were the first for the ILA and USMX since early December, when negotiations broke off after a disagreement over the contract’s definition of automated terminals, which ILA President Harold Daggett opposes. Retail association, cargo owners urge parties to negotiate.

Negotiating Skills 28

Negotiating Skills Maritime Supply Chain Software Scenario Planning 28

Dedola Global Logistics

MAY 14, 2020

Your global logistics partner negotiates the complicated movements and interchanges in the life of your shipment – from loading through to final delivery. We anticipate and manage the entire logistics process to keep costs down and avoid surprise expenses. Customers First. At Dedola Global Logistics, we put your needs first.

Supply Chain Design Software 105

Supply Chain Design Software Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Software 105

Shipping and Freight Resource

SEPTEMBER 13, 2020

Discuss it down to the smallest nitty gritty and smallest cost, make sure you cover it all and that it is all in writing with the agreement of both parties. Documentary requirements related to your shipment must be followed strictly to avoid additional costs. Cost Savings. Understand where and how to save costs.

Tips 74

Tips Negotiating Skills Buyer Training Vendor Strategies 74

Ship Monk

APRIL 22, 2021

Consider us an ice cream truck of logistical knowledge, ready to serve dollops of clarity regarding any doubts or questions you may have. What MhipSonk does have is a working relationship with various shipping carriers, which allows them to negotiate competitive rates and coordinate deliveries. Luckily, we have the scoop.

Negotiating Skills 88

Negotiating Skills 4PL Scenario Planning Optimization Modeling 88

Conger

MARCH 28, 2024

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. This integration also helps detect discrepancies or unauthorized fuel usage, thus controlling costs.

Optimization Software 87

Optimization Software Optimal Sourcing Expense Reduction Cost Reduction 87

Logistics Bureau

NOVEMBER 14, 2018

Another supplier guarantees lower supply prices that would re-establish the margins your company needs to meet its objectives. Your Italian company is negotiating the supply of aerospace products to a government in Asia. This would mean breaking the contract with the first supplier without just cause.

Procurement Analytics 75

Procurement Analytics Optimal Sourcing Procurement Solutions Procurement 75

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. Executing against the wrong strategy—or not having a strategy at all—can lead to higher costs, negative margins, and lower customer satisfaction.

Cost Reduction 62

Cost Reduction Sourcing Strategies Meeting Optimal Sourcing 62

Now, That's Logistics

NOVEMBER 21, 2018

DTP Incoterm (Delivered at Terminal Paid): Seller is responsible for all transport-related costs including customs duties when goods are delivered to a terminal (be it port, airport, transport center, etc) at destination. The next Incoterms edition will welcome a new family member: CNI or Cost and Insurance.

Buyer Training 60

Buyer Training Negotiating Skills Cost Reduction Expense Reduction 60