Freightos

JANUARY 15, 2024

The implication for global freight beyond the now typical uncertainty is predictably elevated operational costs and soaring freight rates. It may be off a lower-than-normal base price but for importers and exporters suffering from lower sales, it’s almost certainly troubling news.

Negotiating Skills 116

Negotiating Skills Optimal Sourcing Price Reduction Cost Reduction 116

Freightos

NOVEMBER 15, 2023

Judah Levine November 15, 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 6% to $1,711/FEU. America weekly prices decreased 3% to $5.56/kg

Price Reduction 104

Price Reduction Negotiating Skills Vendor Strategies Resource Reduction 104

EazyStock

MARCH 14, 2023

The right purchasing and logistics strategies give companies an edge during these unique, uncertain times and, during the return “to normal,” a greater competitive advantage and continued growth. Rapid cost increases, interest rate hikes and reduced demand require more effective inventory management and forecasting attention.

Inventory Reduction 52

Inventory Reduction Price Reduction Cost Reduction Waste Reduction 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. America weekly prices were level at $5.85/kg.

Negotiating Skills 77

Negotiating Skills Price Reduction Vendor Strategies Cost Reduction 77

FreightWaves SONAR

MARCH 5, 2021

That’s why the only way to figure out a real commission plan rests with knowledgeable sales. Managers will need to train carrier sales teams to understand the importance of using the correct carrier at the right time, and they must be able to negotiate effectively in order to maintain recurring revenue.

Negotiating Skills 98

Negotiating Skills Modeling Software Sourcing Strategies Logistics Network Optimization Software 98

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

Freightos

JANUARY 10, 2024

Judah Levine January 10, 2024 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 60% to $2,713/FEU. America weekly prices fell 8% to $5.36/kg.

Negotiating Skills 89

Negotiating Skills Price Reduction Optimal Sourcing Vendor Strategies 89

EazyStock

FEBRUARY 17, 2021

Effective inventory replenishment processes ensure that order fill rates can be achieved while keeping inventory carrying costs under control. Inventory Replenishment Strategies to Boost Profitability. However, businesses are also acutely aware that holding inventory costs money. Both can be very costly.

Inventory Reduction 75

Inventory Reduction Material Savings Price Reduction Cost Reduction 75

FreightWaves SONAR

FEBRUARY 4, 2021

Track truckload freight accessorial costs As reported by Inbound Logistics , “Carriers price accessorials, such as liftgate or non-commercial delivery, at a premium. More importantly, the type of carrier, whether asset-based or a lite carrier, may impact the risk of accessorials and overall pricing as well.

Optimization Software 98

Optimization Software Negotiate Pricing Negotiating Skills Optimization Modeling 98

Freightos

FEBRUARY 22, 2024

Judah Levine February 22, 2024 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 1% to $4,889/FEU. Europe prices (FBX11 Weekly) fell 2% to $4,587/FEU.

Price Reduction 71

Price Reduction Negotiating Skills Vendor Strategies Resource Reduction 71

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

FreightWaves SONAR

APRIL 5, 2021

Among enterprise companies, one critical aspect of successful negotiation and capacity procurement is a better predictive outlook of both spot and contract truckload rates. This kind of real-time data analysis and application is essential for shippers to stay strategic and tactical as they forecast out contract and spot truckload rates.

Negotiating Skills 94

Negotiating Skills Data Sourcing Strategies Optimal Sourcing 94

WorkWave

FEBRUARY 16, 2024

As a pest control business owner, you’ll also get tips on managing costs effectively while maintaining service standards, plus smart pricing strategies to keep your bottom line healthy. Calculating it accurately can help you make informed decisions about pricing, cost-cutting measures and growth strategies.

Expense Reduction 52

Expense Reduction Price Reduction Cost Reduction Vendor Strategies 52

Log-hub

NOVEMBER 22, 2023

Efficient inventory management, layout organization, and operational strategies are key to meeting customer demands while minimizing costs and maximizing profits. Efficient replenishment strategies: Implementing distinct replenishment and restocking strategies for various categories to avoid stockouts and overstock scenarios.

Inventory Reduction 40

Inventory Reduction Analysis Material Savings Waste Reduction 40

Freightos

JANUARY 3, 2024

More Resources Home Red Sea and Suez Canal Shipping Crisis Update Judah Levine Optimize your logistics tendering, vendor selection, negotiations, and procurement with Freightos Data Book a Demo Even with an international naval force in place, Houthi attacks on commercial vessels in the Red Sea continue. Rates to N.

Negotiating Skills 122

Negotiating Skills Price Reduction Optimal Sourcing Vendor Strategies 122

Log-hub

NOVEMBER 22, 2023

Efficient inventory management, layout organization, and operational strategies are key to meeting customer demands while minimizing costs and maximizing profits. Efficient replenishment strategies : Implementing distinct replenishment and restocking strategies for various categories to avoid stockouts and overstock scenarios.

Inventory Reduction 40

Inventory Reduction Analysis Material Savings Waste Reduction 40

FreightWaves SONAR

FEBRUARY 17, 2021

Mobile devices have proven optimal for implementing innovative strategies, connecting freight loads with other equipment and assets , and more. Shippers with access to existing data can better predict freight pricing for freight shipments. This insight allows them to enter negotiations with a clearer understanding of the market.

Supply Chain Planning Software 98

Supply Chain Planning Software Data Negotiating Skills Negotiate Pricing 98

Locus

SEPTEMBER 25, 2023

Hence, curating an optimal driver experience emerges as a non-negotiable strategic imperative. Such capital can be strategically reallocated to drive core business transformations and process enhancements. In this context, it’s important to recognize drivers as the foundational assets driving our supply chain ambitions.

Supply Chain Planning Software 52

Supply Chain Planning Software Optimization Software Modeling Software Negotiating Skills 52

FreightWaves SONAR

MARCH 22, 2021

And as reported by Supply Chain 24/7 , “Leveraging technology, shippers are able to see regional trends and specific lane cost information, as well as driver preferences, while carriers have access to details like loading/unloading times and lane history data.” Request a SONAR Demo. Request a SONAR SCI Demo.

Data 98

Data Negotiating Skills Freight Resource Reduction 98

FreightWaves SONAR

DECEMBER 21, 2022

That’s where point of sale freight data comes in to help supply chain leaders create a superior supply chain strategy. . The cost of not having a load is far greater than the penalty for rejecting it. . High-frequency market data allows supply chain participants to drive growth, mitigate risk, and pinpoint cost-savings opportunities.

Negotiating Skills 52

Negotiating Skills Supply Chains Price Reduction Cost Reduction 52

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

FreightWaves SONAR

MARCH 15, 2021

It can also show how a user’s targeted benchmark rate compares to the industry, the overall market, peers and at a pricing level. Additional implications include RFP strategy, knowing when to onboard new carriers, new lanes, hire more drivers or plan next distribution center sites. .

Optimal Sourcing 98

Optimal Sourcing Procurement Analytics Procurement Solutions Procurement 98

FreightWaves SONAR

APRIL 30, 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. Request a SONAR Demo. Request a SONAR SCI Demo. Evaluating freight flows for private fleet conversion.

White Paper 52

White Paper Expense Reduction Cost Reduction Negotiating Skills 52

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. Determine the software’s objective.

Supply Chain Planning Software 90

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

WorkWave

DECEMBER 8, 2023

This function plays a crucial role in the supply chain management process and is an integral part of a company’s overall logistics and operations strategy. For more information on how RouteManager can empower your team to tighten your inbound logistics, schedule your free demo today.

Inbound 52

Inbound Optimal Sourcing Logistics Network Optimization Software Inventory Reduction 52

Locus

JULY 5, 2023

Understanding fleet management At its core, fleet management is a strategic method by which shippers enhance the efficiency and effectiveness of their vehicle and driver operations. Factors such as Service Level Agreements (SLAs), costs, weight, and geographical parameters have to be manually assessed before assigning orders.

Optimization Software 52

Optimization Software Resource Reduction Negotiating Skills Cost Reduction 52

FreightWaves SONAR

DECEMBER 22, 2020

With that in mind, the trucking RFP has come into play as a more significant undertaking for 2021 contracts as the freight market saw volatility in 2020 on the spot market due to historic tender rejections and volumes adding to increased prices. That’s the only way to create an enduring freight management strategy. Here’s the truth.

Optimization Software 106

Optimization Software Optimization Tips Price Reduction 106

Locus

JULY 24, 2023

You’ve got more goods than you can squeeze into an LTL shipment but not enough to justify the expense of an FTL.The beauty of PTL is that it’s cost-effective and flexible. Think of it as carpooling for cargo – you share the ride, and so you share the costs. Less than Truckload (LTL) LTL is the democracy of shipping.

Optimal Sourcing 52

Optimal Sourcing Optimization Software Optimization Modeling Resource Reduction 52

Parade

JANUARY 18, 2022

Freight brokerages and asset carriers will have to have some tricks up their sleeves to cover the loads they have coming in, and they’ll need a solid strategy and the tools to carry it out to grow in 2022. Based on most expert opinions, relief is in sight for logistics companies battling with high costs.

Tips 78

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

Ship Monk

AUGUST 11, 2022

Keep reading to learn all about the most crucial part of your shipping strategy and see how you can take your last-mile deliveries to the next level! In fact, orchestrating effective last-mile deliveries requires some serious logistics skills. Defining Last-Mile Delivery. And yes, cartwheels are mandatory.

Negotiating Skills 52

Negotiating Skills Purchasing Skills eCommerce Inventory Reduction 52

Locus

SEPTEMBER 14, 2021

Negotiating uncertainties is still the name of the game, and in a quest to meet the same-day delivery expectations of customers, retailers rolled out omnichannel capabilities in record time last year. E-commerce is among the most promising omnichannel retail strategies. for the United States in 2020. growth last year. Share and Enjoy

Negotiating Skills 52

Negotiating Skills Optimization Software Supply Chain Planning Software Cost Reduction 52

FreightWaves SONAR

MARCH 16, 2021

Part of that is obvious due to changing seasons, but it also means it’s time to start thinking about how current contract reefer rates are shaping rate negotiations. Higher Expenses and Costs – The specialized handling as a general exception to workflows may contribute to higher costs, such as increased dwell time that may result in spoilage.

Data 97

Data Efficiency Supply Chain Software Logistics Network Optimization Software 97

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

GlobalTranz

JULY 20, 2015

Thus, reverse logistics management has developed into a discipline that produces cost reductions, adds efficiencies and improves the consumer experience. Percentage of cost recovered : Is the firm maximizing the profitability of product that did not sell well or has been returned by consumers? Increased velocity.

Reverse logistics 105

Reverse logistics Supply Chain Planning Software Optimization Software Modeling Software 105

GlobalTranz

MARCH 28, 2018

Within the web-based TMS, the Cerasis Rater, shippers can choose multi-modal carriers based on cost, limit of liability, and transit time. In a first-of-its-kind offering within one TMS, shippers may, in real-time, compare multi-parcel carrier shipping information, such as costs or transit time, to multi-LTL carrier shipping information.

Logistics Network Optimization Software 48

Logistics Network Optimization Software Supply Chain Software Negotiating Skills Cost Reduction 48

FreightWaves SONAR

APRIL 7, 2021

USA, VOTRI.USA, TSTOPVRPM.USA Truckload carriers have continued to struggle to provide consistent coverage through the first quarter of 2021, and in return costs have increased. Most of the freight moves under a more consistent pricing structure or “ contract ” rates. Compliance levels fell rapidly, leading to surging spot pricing.

Negotiating Skills 98

Negotiating Skills Compliance Cost Reduction Trucking 98

Logistics Viewpoints

MARCH 15, 2024

Hundreds of vessels have diverted to longer routes, resulting in delivery delays, higher transportation costs and economic wreckage for local communities. The Biden administration is expected to soon issue a strategy for placing charging infrastructure for electric freight trucks in strategic and busy corridors.

Expense Reduction 138

Expense Reduction Cost Reduction Price Reduction Negotiating Skills 138