Logistics Business Magazine

AUGUST 31, 2023

This article by SHIPSTA addresses six of the most common challenges that can surface in peak shipping season, while providing solutions on how to best address them. Pressure to Save Costs Transportation accounts for a significant amount of total operational costs, consequently becoming a huge target for potential cost savings.

Optimal Sourcing 53

Optimal Sourcing Negotiating Skills Sourcing Strategies How To 53

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. It combines metrics such as on-time delivery, accurate documentation and undamaged products.

Inbound 52

Inbound Optimal Sourcing Logistics Network Optimization Software Inventory Reduction 52

GlobalTranz

DECEMBER 16, 2015

While a contract documents the responsibilities and expectations of both parties, like a purchase order, warehousing or transportation contract, service level agreement or quarterly business review, there is a great deal of flexibility, even when they are lengthy and rigid. Each of these skills is necessary for a successful collaboration.

Negotiating Skills 57

Negotiating Skills Purchasing Skills Buyer Training Collaboration 57

FW Logsitcs

MARCH 2, 2021

With so many moving parts in the shipping process, it can be difficult to keep track of costs and schedules. Instead of hiring someone to learn the ins and outs of international shipping, you can partner with a freight forwarding company that handles customs documentation, cargo insurance, bills of lading, and supply chain logistics.

Freight forwarding 52

Freight forwarding Negotiating Skills Logistics Network Optimization Software Purchasing Skills 52

Shipping and Freight Resource

FEBRUARY 4, 2020

Digital Transformation is a strategic transformation of the business processes and models to leverage the opportunities created by the digital technologies which can result in improved customer service and value additions to the business. How to avoid these pitfalls. Some examples and benefits of digitalisation in shipping are.

Supply Chain Planning Software 98

Supply Chain Planning Software Freight Supply Chain Design Software Modeling Software 98

Shipping and Freight Resource

MAY 10, 2020

There is a buyer who needs a product ; There is a seller who sells this product ; They discuss and agree on a price ; The buyer pays the agreed price ; The seller arranges for the product to be transported to the buyer. An RFQ is a chance for the BCOs to competitively cost the services offered by the service providers.

Negotiating Skills 78

Negotiating Skills Buyer Training Freight forwarding Logistics Network Optimization Software 78

20Cube Logistics

MAY 16, 2021

So the question is how to manage such time-bound shipment. Negotiation on rates should be done in advance to avoid any repercussion later. Engaging a 3PL service provider will save time and costs as they have a wide network of various carriers and can help easily find a suitable one for your unique shipping requirement.

Negotiating Skills 52

Negotiating Skills 3PL Logistics Network Optimization Software Freight forwarding 52

Shipping and Freight Resource

MAY 5, 2020

A freight quotation is a document that outlines the charges involved in the movement of cargo from Point A to Point B. Here are some tips on how to understand a freight quotation and how to ensure that you get an accurate one. Terminal Handling Charges (THC) ; Documentation fee ; Local service fees ; Bill of Lading fee.

Tips 86

Tips Negotiating Skills Freight Buyer Training 86

Compactor Management Company

JANUARY 20, 2023

Thus, it becomes non-negotiable to find out ways to compensate for all the harm paper consumption is causing to the environment. Shredding your important documents instead of simply disposing of them is one of the most significant eco-friendly measures you can take. How to Recycle Shredded Paper? How to Reuse Shredded Paper?

Waste Reduction 52

Waste Reduction Cost Reduction Expense Reduction Material Savings 52

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. Ensure that all your commercial documentation is aligned with these terms of sale and reflects the correct information so as to avoid any delays at export stage or at import stage.

Tips 74

Tips Negotiating Skills Buyer Training Vendor Strategies 74

Freightera

OCTOBER 23, 2023

Recently, we’ve had an unfortunate case where failing to disclose that their shipment was hazardous cost one of our clients thousands of dollars and urged us to write this cautionary piece. Compliance is non-negotiable Regulations around hazmat shipments are stringent. And for a good reason. Happy shipping!

Freight 41

Freight Negotiating Skills Compliance Handling 41

Blue Grace Logistics

JULY 1, 2020

To ensure that this does not happen, here are a few points that shippers must keep in mind while transporting their fresh produce: Complete Product Knowledge: This is non-negotiable. For safe and smooth transport of their perishable products or fresh produce, it is necessary for shippers to have complete knowledge about their product.

Transportation 71

Transportation Buyer Training Negotiating Skills Temperature 71

20Cube Logistics

APRIL 11, 2021

Here, we look at BoL in a more descriptive perspective including why it’s important, its content and how to properly use it for safe shipping and tracking purposes. Bill of Lading is a shipping document and has a record of all the items that are being shipped from a supplier to a receiver through a freight forwarder. Let’s start!

Purchasing Skills 52

Purchasing Skills Negotiating Skills Negotiate Pricing Freight forwarding 52

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. Negotiate Shipping Rates Like a Pro.

Cost Reduction 60

Cost Reduction Material Savings Expense Reduction Negotiating Skills 60

Logistics Bureau

OCTOBER 20, 2021

Perfect order results can help you assess performance and diagnose issues impacting service, costs, and overall supply chain effectiveness. Accurate documentation: This metric tracks the percentage of sales orders accompanied by accurate documents throughout the process. How to Calculate Inventory Days of Supply.

Supply Chain Design Software 96

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

GlobalTranz

JULY 22, 2015

Based on the research of inboundlogistics.com, freight costs can make up 10% of an organization’s expenditure. As a consequence of rising freight costs, an increasing number of organizations has been more proactive in controlling freight cost and have outsourced the freight auditing process to freight audit specialists.

Negotiating Skills 94

Negotiating Skills Freight Resource Reduction Cost Reduction 94

Logistics Bureau

NOVEMBER 14, 2018

One of the challenges of ethical procurement is to know how to make it into a practical reality that people can apply in a consistent way. For example, how would you deal with the following situations in procurement? Your Italian company is negotiating the supply of aerospace products to a government in Asia.

Procurement Analytics 75

Procurement Analytics Optimal Sourcing Procurement Solutions Procurement 75

Talking Logistics

DECEMBER 8, 2017

The challenge, of course, is finding the right balance — that is, figuring out how to meet peak demand volumes without building out a network that goes under-utilized the remaining 11 months of the year. Maybe they’ll do better in 2018. And with that, have a happy weekend! Song of the Week: “Two High” by Moon Taxi.

Logistics Network Optimization Software 0

Logistics Network Optimization Software Supply Chain Software SAP Supply Chain Design Software 0

GlobalTranz

JANUARY 6, 2015

It’s a lot of work to effectively manage freight and that is evident as readers gobbled up posts around freight claims, freight shipment processing by understanding the documentation and how to class your freight so you can get a freight rate. Read the Full Blog Post. You’ve selected the right carrier for your needs.

Blog 88

Blog Freight Negotiating Skills Negotiate Pricing 88

MTS Logistics

FEBRUARY 26, 2024

Expertise of Freight Forwarders Freight forwarders are well-versed in the knowledge of how to handle the customs regulations and documentation for your international shipments. More Capacity and Cost Reduction A freight forwarder can develop several relationships and partnerships with all the carriers in the industry.

Freight forwarding 89

Freight forwarding Negotiating Skills Freight Negotiate Pricing 89

Blue Grace Logistics

DECEMBER 14, 2017

Sparked by the loss of his father, Alex began sending promise cards to anyone who requested them at no cost. After a short intermission, Don Hutson “The One Minute Negotiator” taught everyone about his successful career in speaking, management and sales. After a full day of knowledge, it was time to unwind a little!

Conference 48

Conference Negotiating Skills Logistics Network Optimization Software Presentation 48

Ship Monk

NOVEMBER 22, 2022

If the shipping carrier is at fault, the ecommerce merchant can file a claim with the carrier to recover their costs. If the shipping carrier is at fault, a claim can be made later to recover reshipment costs, but the ecommerce merchant’s first priority should be satisfying the customer. Four top tips to remember include: 1.

eCommerce 52

eCommerce Ordering Material Savings Supply Chain Planning Software 52

Automotive Logistics

FEBRUARY 6, 2019

Can the UK establish a deal that will avoid costly duties on this trade or will it end up in a no-deal withdrawal requiring new transit authorisation documents or prelodged customs declarations on imports and exports? And, crucially, how much will this all cost? When you perform a transit, it involves cost and risk.

Negotiating Skills 37

Negotiating Skills Document Trucking After-sales 37

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

GoShip Blog

FEBRUARY 14, 2023

Less-than-truckload (LTL) shipping offers a cost-effective approach to transporting packages along your supply chain. Examples include missing freight, delivery delays, damaged products, hidden charges, ambiguous documentation, poor contract terms, and limited carrier networks.

Negotiating Skills 52

Negotiating Skills Material Savings Cost Reduction Price Reduction 52

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

Forto

JULY 15, 2019

In the process of global shipping, you may come upon situations wherein you may need to change service providers, especially logistics services providers – which is easier said than done as you need to be sure of the reasons for the change, how to control things and people and be aware of negative and positive consequences of the change.

Freight forwarding 40

Freight forwarding Supply Chain Planning Software Freight Logistics Network Optimization Software 40

Stord

JANUARY 26, 2021

Instead of every company building and managing their IT infrastructure from scratch, cloud computing offers computing power, storage and databases as they’re needed without the cost of owning and operating physical data centers and servers.

Supply Chain Planning Software 78

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

TransAudit

MAY 23, 2022

As a business owner, you must keep costs as low as possible and find savings where they exist. When you partner with Trans Audit for a parcel audit, we will do the heavy lifting by automatically auditing your shipping invoices and other documentation. Carriers may not always apply the rates you’ve negotiated.

Negotiating Skills 52

Negotiating Skills Cost Reduction Document Logistics Network Optimization Software 52

GlobalTranz

DECEMBER 2, 2014

Editor’s Note: This is our second post in a two part series about how to get your logistics and transportation practices in order in time for holiday shipping or peak season crunches. The first post covered how you can get the DC or warehouse ready for the holidays or peak seasons. . Central Freight Holiday Shipping Rates.

Cost Reduction 86

Cost Reduction Price Reduction Vendor Strategies Resource Reduction 86

Blue Grace Logistics

SEPTEMBER 21, 2021

Labor Shortages: In the face of a tight labor market, our shippers are directly affected by the rising cost of truckload capacity – ultimately affecting their profit and growth as a company. The decrease in staffing results in less freight production, organically resulting in increased shipping cost. How to Overcome a Capacity Crunch.

Material Savings 62

Material Savings Capacity Optimal Sourcing Inventory Reduction 62

Now, That's Logistics

MAY 25, 2021

Moving wine from the port of origin to final destination has always required great care and attention, and a logistics provider that knows how to effectively manage the process. And ships that do arrive here often have to wait outside ports to be unloaded, resulting in higher costs for importers,” the publication adds.

Negotiating Skills 78

Negotiating Skills Logistics Network Optimization Software Logistics Tracking and Tracing 78

GlobalTranz

DECEMBER 9, 2015

Editor's Note: This is our second post in a two part series about how to get your logistics and transportation practices in order in time for holiday shipping or peak season crunches. The first post covered how you can get the DC or warehouse ready for the holidays or peak seasons. . Central Freight Holiday Shipping Rates.

Cost Reduction 48

Cost Reduction Price Reduction Vendor Strategies Resource Reduction 48

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. It’s hard to imagine that many still need to shuffle paper documents around using pigeonholes.

Presentation 79

Presentation Optimization Software Logistics Network Optimization Software Optimal Sourcing 79

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. All transportation is not waste and transportation can be used as a strategic differentiator. Focus on how transportation could be your strategic differentiator in the industry.

Waste Reduction 53

Waste Reduction Cost Reduction Inventory Reduction Price Reduction 53

GlobalTranz

AUGUST 25, 2016

Following up our announcement that we have negotiated lower cargo insurance costs and now offer a zero deductible for that cargo insurance, we thought we’d take a deeper look at freight insurance (also known as cargo insurance). Overall, it’s crucial for shippers to document their cargo’s value in case of disputes, losses, or damages.

Cargo 49

Cargo Negotiating Skills Buyer Training Cost Reduction 49

Material Handling and Logistics

OCTOBER 26, 2018

The cost-effective concept allows a single mobile base to tend to one or many carts that can have a variety of onboard items, including packages, materials, or even robot arms. Sellers have a difficult time deciding which SKUs to locate where, and how to dynamically manage them in a changing marketplace where demand is uncertain.

Supply Chain Design Software 89

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