Blog on Log

MAY 4, 2010

Hiding behind pure numbers will only create a one-sided, noncompetitive, zero-sum contract winner — and doom the negotiations, to failure. But the true test of how both sides react will come in the next several weeks, as shippers and carriers wrap up what could be the most important contract negotiations in years, if not more.

Negotiating Skills 40

Negotiating Skills Price Reduction Sourcing Strategies Cost Reduction 40

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

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

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. These metrics provide insights into a supplier’s reliability, quality and ability to meet agreed-upon service levels.

Inbound 52

Inbound Optimal Sourcing Logistics Network Optimization Software Inventory Reduction 52

GlobalTranz

MARCH 18, 2015

You will want to gain insight into what differentiates one 3PL from another, what core capabilities they offer and what skills do they have in developing strategies and thought leadership. From this vantage, a strategic 3PL partnership will form a collaboration with your company to fine tune a strategy to meet your needs.

Negotiating Skills 91

Negotiating Skills 3PL Resource Reduction Cost Reduction 91

GlobalTranz

APRIL 5, 2016

However, the economy is on the mend, and the need for immediate cost savings and lean solutions is starting to take the backburner to how 3PL Logistics Companies could benefit shippers through long-term relationships. The needs of yesteryear-clients were quite simple: get costs under control quickly. They get lost or misplaced.

Negotiating Skills 55

Negotiating Skills Logistics Network Optimization Software 3PL Purchasing Skills 55

ShipLilly

APRIL 7, 2021

One of the options that can be used is to ask the insurer to cover part of or all the replacement costs. To meet the demand, shipping companies are stacking large quantities of cargo on increasingly narrow equipment. However, some experts are convinced that these vessels are being overloaded to meet the increasing demand.

Cost Reduction 59

Cost Reduction Expense Reduction Inventory Reduction Resource Reduction 59

GoShip Blog

JUNE 3, 2021

Third-party logistics (3PL) offer a variety of efficient and cost-friendly freight services and outsourced logistics that are necessary for remaining competitive in any business. The strength of your logistics operations is the backbone to meeting customer demand, driving sales, and preparing for business growth. Risk Management.

Outsourcing 59

Outsourcing Cost Reduction Expense Reduction Inventory Reduction 59

Airfreight Logistics

MARCH 19, 2020

As they boldly march towards a successful future, by reinforcing their business philosophy and strategies, they focus primarily on forging their most valuable asset: their people. 3P Strategy “When you hear the word ‘Swiss,’ high quality and high-security products usually come to mind. Arising from such elements is the 3P strategy.

Buyer Training 41

Buyer Training Negotiating Skills Training Strategy 41

Logistics Bureau

MAY 24, 2019

If you were to tell me that your company had never looked at its supply chain costs and sought to deliver reductions, I would be mightily surprised. On the other hand, if you told me your company hasn’t been able to sustain any progress in supply chain cost reduction, I wouldn’t be surprised at all.

Cost Reduction 65

Cost Reduction Inventory Reduction Expense Reduction Price Reduction 65

CLX Logistics

SEPTEMBER 9, 2022

To meet these demands, shippers need the right supply chain management tools with the flexibility to grow and scale as needed. With setup, guidance, and support from supply chain management experts, these tools can help improve processes, reduce costs, and save time. Shipping Management. Telematics-Based Tracking.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Procurement Solutions Optimization Software 52

GlobalTranz

APRIL 17, 2018

These giants have deep pockets, capable of offering low-cost, if not free, parcel shipping. Rather than giving up, shippers need to consider what Amazon and the big box giants have done right and apply these concepts as part of a robust parcel shipping strategy. Negotiate Shipping Rates Like a Pro.

Cost Reduction 60

Cost Reduction Material Savings Expense Reduction Negotiating Skills 60

GoShip Blog

DECEMBER 3, 2023

While this makes retail companies more secure, it poses an additional challenge for shippers and vendors to meet the terms of the partnership. Vendor compliance is a program that helps retail businesses to ensure that their vendors meet the standards and regulations set by the company. What is vendor compliance?

Vendor Strategies 52

Vendor Strategies Compliance Cost Reduction Inventory Reduction 52

GlobalTranz

JANUARY 4, 2017

And our client engages with 3PL by open book cost plus contracts and gain share and pain share incentive. What are the major KPI’s to be followed under the below attributes: Cost or Cost Savings. Use Value Engineering : Reduce the Cost and retain the function of anything. Are new cost Savings methods being investigated?

Negotiating Skills 77

Negotiating Skills Cost Reduction Scenario Planning Inventory Reduction 77

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. Transportation strategy should not drive how and when product is delivered. Transportation strategy and tactics must support Lean inventory strategies.

Waste Reduction 53

Waste Reduction Cost Reduction Inventory Reduction Price Reduction 53

GlobalTranz

APRIL 7, 2017

Most transportation costs in a company arise from inbound logistics cost. If other words, the costs associated with transportation of items from vendors make up the biggest portion of will transportation costs, reports Amy Roach Partridge of Inbound Logistics. Real-Time Data Promotes Use of Lowest-Cost Carriers. .

Vendor Strategies 55

Vendor Strategies Inbound Cost Reduction Inventory Reduction 55

Freightos

JANUARY 8, 2019

When it comes to freight, we aren’t equipped to meet these expectations and we can’t risk ignoring millennials; we need to evolve and catch-up with customer expectations in order to thrive in a changing world. Self-service support and document management. This undermines the whole point of a fixed price tender. Download Now.

Freight 60

Freight Negotiating Skills Digital Tracking and Tracing 60

GlobalTranz

AUGUST 18, 2016

Value-Added Services and TMS Capabilities Are Critical Points in Contract Negotiation. Value-added services have also taken on a technology-like role as more companies want to use a comprehensive transportation management system (TMS) to thorough document and optimize their processes.

Supply Chain Planning Software 60

Supply Chain Planning Software Optimization Software Supply Chain Software Logistics Network Optimization Software 60

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. SCOTT: Obviously tariffs, if implemented for the long-term, will impact global supply chain strategies—sourcing, nearshoring versus offshoring, etc.

Supply Chain Design Software 89

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

Conger

DECEMBER 13, 2022

Because in this post, you’ll find 11 effective strategies for doing just that. Reliable suppliers with quality supply practices achieve better operational performance in quality, flexibility, reliability, cost, and design. Reduce costs. If you're looking for ways to reduce lead times, you’re in the right place. Let's dive in!

Manufacturing Procurement 52

Manufacturing Procurement Inventory Reduction Vendor Strategies Waste Reduction 52

Conger

JULY 28, 2022

This means they act as third-party logistics (3PLs) and may even offer value-added fulfillment services to help subsidize the costs of running the warehouse. High capital and operating costs make private warehouses a realistic option only for large, established businesses. Pros of Private Warehouses. Cons of Private Warehouses.

Examples 52

Examples Definition Supply Chain Design Software Supply Chain Software 52