Freightos

NOVEMBER 7, 2023

Judah Levine Optimize your logistics tendering, vendor selection, negotiations, and procurement Book a Demo Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) increased 3% to $1,609/FEU. Asia-US East Coast prices (FBX03 Weekly) climbed 7% to $2,357/FEU. kg China – N.

Negotiating Skills 114

Negotiating Skills Price Reduction Vendor Strategies Cost Reduction 114

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

Locus

JUNE 16, 2023

Fuel costs: Last-mile fuel costs require careful management as they make up 25% of a truck’s operational costs over volatile price fluctuations. Read also: A Study of Unit Economics in Last Mile Delivery Is it essential to reduce last-mile delivery costs for vehicles? These include: 1.

Cost Reduction 98

Cost Reduction Expense Reduction Inventory Reduction Price Reduction 98

The Logistics of Logistics

JANUARY 13, 2023

The Amplio solutions ensure that you have the inventory you need, when you need it, at the most optimized price so that you can focus on what matters most to you and your business. Schedule an Amplio Demo. Key Takeaways: The Amplio Story. Learn More The Amplio Story. Trey Closson on LinkedIn. Amplio on LinkedIn.

Manufacturing Procurement 273

Manufacturing Procurement Optimal Sourcing Procurement Solutions Purchasing Skills 273

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

FreightWaves SONAR

APRIL 1, 2021

That gave rise to a new time pricing strategy, dimension (DIM) pricing. . Density plays a role in the form of dimensional pricing. DIM pricing considers cubic volume in addition to physical height, width and depth of packages as a factor for price calculations. Capture pricing data for LTL freight.

Negotiating Skills 98

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Locus

MAY 2, 2023

Reducing 66% delivery costs with Locus According to Manuela Velez Araque, Lead Product Manager, Jüsto, efficient routing was one of the top three priorities for the company for timely and efficient fulfillment, given the size of cities like Mexico City and their complex traffic movements.

Cost Reduction 52

Cost Reduction Price Reduction Purchasing Skills Logistics Network Optimization Software 52

FreightWaves SONAR

FEBRUARY 25, 2021

However, the sheer amount of fees applied in the process to price freight for a load can amount to quite a hefty sum. . But knowing what’s happening based on historic, peer and market data can help shippers figure out how carriers price freight loads. ” This means knowing how a carrier or shipper approaches freight pricing.

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Negotiating Skills Price Reduction Expense Reduction Data 92

CH Robinson Logistics

MARCH 12, 2020

Using technology to drive strategy and improve performance—and ultimately create financial value—is top of mind for shippers today managing complex global supply chains. But taking that data and turning it into an actionable strategy is challenging, especially if you are pulling the data from multiple platforms.

Supply Chain Design Software 62

Supply Chain Design Software Supply Chain Planning Software Vendor Strategies Inventory Reduction 62

FreightWaves SONAR

JANUARY 25, 2021

For managers in the transportation industry, freight load pricing accuracy remains a source of confusion and disruption. Remember that carrier pricing is subject to the following: Market conditions can change quickly and shift hour by hour at times. . Click the button below to request a FreightWaves SONAR demo.

Price Reduction 86

Price Reduction Data Supply Chain Software Supply Chain Planning Software 86

Freightos

JANUARY 15, 2024

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. The decrease in logistics costs led 35% of importers to lower their product prices, possibly contributing to the easing of inflation rates.

Negotiating Skills 115

Negotiating Skills Optimal Sourcing Price Reduction Cost Reduction 115

FreightWaves SONAR

JANUARY 5, 2021

Although many carriers have worked diligently towards reducing operational costs and increasing profit margins, there is still work to do for the top for-hire truckload freight carriers to improve. Freight data reduces dwell time and load time. Operational costs continue to increase for carriers year to year.

Cost Reduction 106

Cost Reduction Waste Reduction Expense Reduction Price Reduction 106

WorkWave

MARCH 26, 2024

Let’s delve into this topic to understand its significance and explore strategies for optimizing delivery routes to enhance customer satisfaction. By minimizing fuel consumption, reducing vehicle wear and tear, and optimizing driver schedules, businesses can cut down on operational costs associated with logistics.

Optimization Software 105

Optimization Software Optimization Logistics Network Optimization Software Cost Reduction 105

Freightos

FEBRUARY 28, 2024

Despite the higher initial sea freight cost to the United States, this combination can ultimately deliver overall savings of 34 cents per kilogram when compared to Dubai…and a two day reduction in transit time. Here’s how the data stacks up, relying on data points from Freightos’ air and ocean data.,

Negotiating Skills 62

Negotiating Skills Cost Reduction Price Reduction Vendor Strategies 62

FreightWaves SONAR

MARCH 2, 2021

And if shippers know more about how carriers price freight, they are better able to identify those trends based on market signals and pre-empt carrier pricing changes. . Generate stronger, more proactive carrier pricing strategies based on near-real-time data insights . Request a SONAR Demo. Consider this fact.

Analysis 98

Analysis Price Reduction Cost Reduction Supply Chain Planning Software 98

FreightWaves SONAR

JANUARY 12, 2021

As demand for e-commerce accelerated, notes John Koetsier of Forbes , trucking carriers gained extreme favor in pricing power. In turn, carrier freight pricing guidance must be attuned to the fluctuations within individual needs, and that’s despite the use of end-to-end trucking analytics.

Price Reduction 52

Price Reduction Data Freight Optimization Software 52

FreightWaves SONAR

FEBRUARY 22, 2021

They tend to follow similar lines and influence services and prices throughout transportation networks. According to Supply Chain 24/7 , “ truckload service optimizes trailer space and moves freight [without extra stops that will] eliminate wasted trips, reducing greenhouse gas emissions by up to 40%.”

Price Reduction 75

Price Reduction Supply Chain Planning Software Waste Reduction Cost Reduction 75

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

FreightWaves SONAR

DECEMBER 14, 2020

This week, learn how freight market participants are able to measure if freight pricing control lays in the hands of freight shippers or freight carriers. What is the DHL Supply Chain Pricing Power Index? The chart above has an 80 reading which indicates that the control of freight pricing lies in the carriers’ hands.

Negotiating Skills 52

Negotiating Skills Purchasing Skills Price Reduction Freight 52

FreightWaves SONAR

MARCH 4, 2021

Yes, the need for shipping demand analytics is not new and was echoed in 2013 by Industry Week , “Relying on traditional supply chain execution systems is becoming increasingly more difficult, with a mix of global operating systems, pricing pressures and ever-increasing customer expectations. Request a SONAR Demo.

Price Reduction 97

Price Reduction Cost Reduction Expense Reduction Waste Reduction 97

Locus

JULY 24, 2023

the cut-throat era of next-day deliveries, FTL offers the fastest transit times:a seamless journey from A to B with no detours or delays. It allows for fewer handling instances, reducing the risk of damages. Typically supply chain managers at shipping companies would resort to cost cutting strategies and use of legacy solutions.

Optimal Sourcing 52

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The Logistics of Logistics

DECEMBER 15, 2022

These include delivery windows, number of delivery stops on a specific route, delivery pricing, etc. Using VRS helps reduce fuel costs, improve operational efficiency and increase delivery speed. Schedule a OneRail demo to see how our platform tailors a solution for your specific supply chain workflow needs.

Gartner 195

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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

Chronicled

MAY 1, 2023

Photo by Volodymyr Hryshchenko on Unsplash Understanding the 340B Program and its Presenting Issues The 340B Drug Pricing Program is a federally-run initiative that allows eligible healthcare organizations to access outpatient prescription drugs at discounted prices. To learn more about MediLedger, schedule a demo here.

Purchasing Skills 52

Purchasing Skills Price Reduction Manufacturing Procurement Supply Chain Software 52

TransAudit

DECEMBER 14, 2022

Fuel for all sorts of vessels has jumped in price over the last year or two. When fuel prices rise, so do shipping prices. Learning more about fuel costs and shipping will give you a better understanding of what’s going on and equip you with some strategies to help. How Fuel Costs Raise Shipping Prices. New Routes.

Cost Reduction 73

Cost Reduction Purchasing Skills Price Reduction Expense Reduction 73

WorkWave

NOVEMBER 14, 2023

We’re setting out on a journey to understand how to transform your dream into reality, navigating legal documents, and NEMT software, hiring competent drivers, and crafting an effective marketing strategy. Besides saving valuable hours, using specialized NEMT software helps cut costs, too. Start Using Route Manager!

Expense Reduction 52

Expense Reduction Cost Reduction Price Reduction How To 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

FreightWaves SONAR

MARCH 16, 2021

This means that companies with access to near-real-time data could potentially save by the elimination of lagging data. Spot data and contract data, including paid invoice rates, come together to fuel your strategy. Fuel and energy data also provide useful information in preparing a strategy. Request a SONAR Demo.

Expense Reduction 93

Expense Reduction Price Reduction Data Capacity 93

FreightWaves SONAR

FEBRUARY 24, 2021

As explained by the Harvard Business Review , “consumers will continue to want low prices (especially in a recession), and firms won’t be able to charge more just because they manufacture in higher-cost home markets. Request a SONAR Demo. Competition will ensure that. Maximizing asset utilization will remain key in 2021.

White Paper 52

White Paper Cost Reduction Price Reduction Supply Chain Software 52

FreightWaves SONAR

FEBRUARY 4, 2021

There’s a broad range of options to reduce rates and increase carrier revenue. Track truckload freight accessorial costs As reported by Inbound Logistics , “Carriers price accessorials, such as liftgate or non-commercial delivery, at a premium. Review transportation pricing and contracts regularly.

Optimization Software 98

Optimization Software Negotiate Pricing Negotiating Skills Optimization Modeling 98

FreightWaves SONAR

JANUARY 26, 2021

Supply chain leaders continue to focus their efforts on finding the right mix of assets used, market positioning and carrier freight pricing strategies. When the freight market meets expectations and is less volatile, it is easy for shippers and carriers to not look at inefficient processes or their transportation procurement strategy.

Price Reduction 78

Price Reduction Cost Reduction Waste Reduction Optimal Sourcing 78

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. Europe prices (FBX11 Weekly) increased 176% to $4,391/FEU.

Negotiating Skills 88

Negotiating Skills Price Reduction Optimal Sourcing Vendor Strategies 88

FreightWaves SONAR

FEBRUARY 8, 2021

Figuring out the best strategy for managing fleet assets can be difficult at best. Unlike contracted rates, the spot freight market is full of wild price swings and uncertainty. Even with the big decline last year, spot prices have averaged 2%. Consideration of backhaul opportunities to eliminate deadheading in trucking.

Price Reduction 94

Price Reduction Resource Reduction Freight White Paper 94

WorkWave

NOVEMBER 14, 2023

We’re setting out on a journey to understand how to transform your dream into reality, navigating legal documents, and NEMT software, hiring competent drivers, and crafting an effective marketing strategy. Besides saving valuable hours, using specialized NEMT software helps cut costs, too.

Expense Reduction 52

Expense Reduction Cost Reduction Price Reduction How To 52

FreightWaves SONAR

FEBRUARY 10, 2021

How carriers create data-driven pricing strategies. Request a SONAR Demo. To help carriers learn how to apply and deploy data more effectively, this white paper will explore: The uses of data to allocate and manage assets. The applications of analytics to navigate market volatility.

White Paper 98

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FreightWaves SONAR

MARCH 1, 2021

Awareness of these challenges can ensure that shippers and LSPs remain prepared for market deviations and overall freight pricing changes. Pricing alignment. Pricing alignment makes for one of the more complicated challenges for asset-based trucking. The volatility makes it difficult to assess pricing. Think about it.

Expense Reduction 98

Expense Reduction Price Reduction Trucking Cost Reduction 98

FreightWaves SONAR

DECEMBER 22, 2020

Shippers want a significant reduction in the stress of logistics. 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. Request a SONAR Demo.

Optimization Software 106

Optimization Software Optimization Tips Price Reduction 106