Talking Logistics

JANUARY 16, 2018

It has been further spurred by the trend of nearshoring over the last decade, as American companies have relocated their manufacturing facilities to Mexico to take advantage of a skilled workforce, improving infrastructure, and proximity to the United States. In Mexico, the basic Mexican import document is the pedimento de importacion.

Optimal Sourcing 123

Optimal Sourcing Logistics Network Optimization Software Optimization Software Material Savings 123

3PL Links

OCTOBER 19, 2022

Reverse Logistics Solutions | Image Source: dreamstime.com. Continuously reassess and improve the process: Although this phase is present in every process but is frequently skipped, leaders are nonetheless responsible for it. Reverse Logistics Solutions | Image Source: aptean.com. Implementing best practices.

Reverse logistics 62

Reverse logistics Procurement Solutions 3PL Vendor Strategies 62

Logistics Viewpoints

MARCH 6, 2023

GEON Performance Solutions purchases plastic pellets and add plastic compounders to make products of different strength, resilience, and flexibility. The simplified assumptions allow companies “to manage margins, supply chain costs, and inventories”, but “it does not enable them to manage enterprise costs, profit, and working capital.”

Supply Chain Planning Software 141

Supply Chain Planning Software Supply Chain Transformation Scenario Planning Supply Chain Software 141

Logistics Bureau

AUGUST 7, 2023

Inventory Availability and Cost: Striking a Balance It’s rarely a good idea to think too lean in ecommerce inventory management. The challenge, then, is to strike a balance between sufficient inventory levels to ensure availability and costs that won’t threaten the future of your enterprise. Book a free consultation.

Inventory Reduction 89

Inventory Reduction eCommerce Inventory Procurement Solutions 89

Globalior

DECEMBER 25, 2020

These terms define the liabilities, responsibilities and cost allocation between buyers and sellers in shipping transactions. They are usually used with a sales contract or any other sale agreement document. Free carrier (FCA) requires presentation of on-board bill of lading to the seller. Security obligations.

Buyer Training 52

Buyer Training Freight Purchasing Skills Negotiating Skills 52

Logistics Viewpoints

JANUARY 11, 2023

Last week, I gave the keynote presentation at the Dangerous Goods Symposium, sponsored by LabelMaster and the DG Exchange. In my presentation, I highlighted five key transportation trends that are changing supply chains from a technology standpoint. The industry’s well-documented labor shortages are not ending anytime soon.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software Supply Chain Software 130

SYSPRO Smarter ERP

MARCH 14, 2023

Documenting what infrastructure changes or upgrades will be needed to support the new software is important. The onus is then usually on the CIO to monitor and report on the ongoing monthly costs to ensure the project does not go over budget. Infrastructure A new ERP system will almost certainly require investment in infrastructure.

ERP 105

ERP Optimization Software Optimal Sourcing Procurement Solutions 105

Conger

MARCH 22, 2024

In this article, we explore how these AGVs are changing the warehouse industry by minimizing human error, reducing labor costs, and setting new standards for productivity and safety. Reducing Labor Costs and Environmental Impact Labor costs: Labor is not getting any cheaper. Let’s dive in!

Materials Handling 79

Materials Handling Material Savings Supply Chain Software Cost Reduction 79

Conger

MARCH 22, 2024

In this article, we explore how these AGVs are changing the warehouse industry by minimizing human error, reducing labor costs, and setting new standards for productivity and safety. Reducing Labor Costs and Environmental Impact Labor costs: Labor is not getting any cheaper. Let’s dive in!

Materials Handling 75

Materials Handling Material Savings Supply Chain Software Cost Reduction 75

Logistics at MPEPS at UPV

JUNE 1, 2023

It is a complex discipline that touches every aspect of our lives, from the products we purchase to the way they are delivered to our doorsteps. The Hanseatic League introduced concepts such as consignment, just-in-time delivery, and customs documentation. References: Ballou, R. Business Logistics Management.

Events 52

Events Inventory Reduction Supply Chain Planning Software Cost Reduction 52

Locus

FEBRUARY 27, 2023

Before that, he wanted to purchase a pair of shoes from a nearby store. The shopkeeper presented him with two sets of Nike shoes. Time to value is the time customers spend to derive value from the purchased product. This time between purchasing the shoes and deriving value from them is what we call business as the time to value.

Optimization Software 52

Optimization Software Procurement Solutions Eliminating Excel in Purchasing Purchasing Skills 52

Conger

DECEMBER 13, 2022

How Much Do RF Scanners Cost? Here’s a list of those industries, along with a few specifics of how they’re often used: Retail and grocery: Scanning and checking out items consumers purchase – this is technically called “point-of-sale” (POS) transactions. Education: Asset, attendance, and document tracking; staff communication.

Inventory Reduction 52

Inventory Reduction Modeling Software Expense Reduction Cost Reduction 52

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

Parade

JUNE 24, 2019

In a recent article, Peter Rentschler, CEO at CarrierDirect, discussed why freight brokerages should focus on better utilizing their existing Transport Management System (TMS) to increase operational efficiency, rather than investing in upgrading their systems or purchasing something new. QuickBooks) Project management software (e.g.,

Eliminating Excel in Purchasing 60

Eliminating Excel in Purchasing Procurement Solutions Logistics Network Optimization Software Freight 60

Parade

JUNE 24, 2019

In a recent article, Peter Rentschler, CEO at CarrierDirect, discussed why freight brokerages should focus on better utilizing their existing Transport Management System (TMS) to increase operational efficiency, rather than investing in upgrading their systems or purchasing something new. QuickBooks) Project management software (e.g.,

Eliminating Excel in Purchasing 60

Eliminating Excel in Purchasing Procurement Solutions Logistics Network Optimization Software Freight 60

Penske Move Ahead

OCTOBER 1, 2018

The publication, available at no cost at www.3PLStudy.com Shifting consumer buying habits, which include a blend of in-person and online purchases of goods and services, requires quicker responses than the retail model of yesteryear. Since 1996, this study has documented the transformation of the third-party logistics industry.

Supply Chain Planning Software 28

Supply Chain Planning Software Logistics Network Optimization Software Study Supply Chain Software 28

GlobalTranz

JUNE 18, 2015

This presents opportunities for developing new revenue streams, an exciting challenge to logistics professionals. Quality, service, costs, environmental and legislative issues are strategic issues that must be managed in addition to the operational challenges mentioned above. Need For Reverse Logistics Breeds Opportunity.

Reverse logistics 103

Reverse logistics Optimization Software Logistics Network Optimization Software Transportation 103

Ship Monk

JANUARY 30, 2023

Your fulfillment center or 3PL should be able to handle the returns and reshipments, as well as claims processing to recover costs from shipping carriers. For instance, a purchase made on Thursday at 1:00PM will reach customers much faster than an order placed on Friday at 5:00PM.

eCommerce 52

eCommerce Supply Chain Planning Software Inventory Reduction Supply Chain Software 52

Logistics Business Magazine

JULY 22, 2021

Going forward, regular updates will continue to be published to document the progress being made. “At Some progress toward this goal has already been achieved: Around 79% of the electricity purchased in 2020 came from renewable energy sources. Sustainability is firmly anchored in the company’s corporate strategy.

Material Savings 66

Material Savings Procurement Analytics Resource Reduction Manufacturing Procurement 66

Parade

JUNE 24, 2019

Just because tech presents excellent opportunities for your brokerage, doesn't mean you have to become a tech company. To assist you, you should purchase the most affordable Transport Management System (TMS) that only builds rate confirmations to move loads. Some low-cost TMS options in the market can get you moving. Truckstop).

Eliminating Excel in Purchasing 60

Eliminating Excel in Purchasing Procurement Solutions Logistics Network Optimization Software Freight 60

Bringg

MAY 5, 2021

By monitoring products’ physical chain of custody, proof of delivery: Makes sure the right recipient receives an item from the right sender (particularly important when the purchaser is not the consignee). This proof of delivery provides sellers with the documentation necessary to verify order fulfillment and invoice accuracy.

Optimization Software 62

Optimization Software Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 62

Ship Monk

SEPTEMBER 15, 2022

For this part of the process, proper documentation of what has arrived is key. while aiming to add up to the lowest dimensional weight possible to save on shipping costs. In terms of shipping, 3PLs have established relationships and systems in place to get entrepreneurs the best shipping costs and speeds available.

eCommerce 75

eCommerce Ordering Supply Chain Design Software Supply Chain Planning Software 75

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. Sanctions can include boycotting purchases of a company’s products or services, or voting governments out of power.

Procurement Analytics 75

Procurement Analytics Optimal Sourcing Procurement Solutions Procurement 75

GoShip Blog

NOVEMBER 8, 2022

The rise in e-commerce following the pandemic led to a dramatic increase in return purchases. This number is expected to increase as more businesses enter the online space, presenting a critical and expensive problem for e-merchants. Besides the loss of revenue, return fraud also increases a business’s operational costs.

How To 52

How To Expense Reduction Procurement Solutions Cost Reduction 52

GlobalTranz

FEBRUARY 27, 2015

Increased bid competitiveness through pricing accuracy. Running our pricing accurately was a huge problem… it is fairly easy now, and further use of reporting features will help with this. More accurate pricing means we can win bids against some of the largest food companies out there. Lower inventory carrying costs.

Manufacturing Procurement 110

Manufacturing Procurement ERP Logistics Network Optimization Software Procurement Solutions 110

GlobalTranz

OCTOBER 19, 2018

Challenges in Using Blockchain in E-Commerce The difficulties of blockchain depend on the source questioned. In other words, the technology will continue to present challenges until its use becomes a standard in global and domestic trade. Increased use will reduce fraudulent, counterfeit products.

Logistics Network Optimization Software 84

Logistics Network Optimization Software Supply Chain Software Material Savings Procurement Solutions 84

Talking Logistics

JULY 25, 2018

In fact, at one conference this spring, after delivering a keynote presentation that had nothing to do with technology, the very first question I received from the audience was “What do you think about blockchain and its potential in supply chain management?”. Source: IBM. Ron Castro, IBM’s Chief Supply Chain Officer.

Supply Chain Planning Software 63

Supply Chain Planning Software Supply Chain Software Supply Chains Logistics Network Optimization Software 63

WorkWave

APRIL 26, 2024

Prior to this legislation, Colorado allowed for in-person purchases only from licensed dispensaries. Recreational users are required to present a valid photo ID during delivery to verify their age and identity, while medical patients must show their medical marijuana card. Stay up-to-date with Rhode Island law here.

Optimization Software 52

Optimization Software Logistics Network Optimization Software Procurement Analytics Procurement Solutions 52

3PL Links

SEPTEMBER 11, 2020

In the early days of the pandemic, panic-buying by consumers emptied some supermarket shelves and retailers had to impose limits on certain purchases. While some organizations had developed general supply chain risk management strategies and business continuity plans, very few had a playbook to respond to the risks presented by COVID-19.”.

Supply Chain Planning Software 62

Supply Chain Planning Software Inventory Reduction Sourcing Strategies Price Reduction 62

247 Customs Broker

APRIL 26, 2018

Most software purchase decisions begin for one of three reasons: The current system, manual or automated, is not producing the desired results or is filled with inefficiencies. Regardless of the specific circumstances that have led to the purchase, maintain clear expectations about what the technology is going to accomplish.

Procurement Solutions 28

Procurement Solutions Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software 28

Logistics Business Magazine

JULY 10, 2020

With non-essential high street stores having been closed and now only just starting to tentatively re-open due to the Coronavirus crisis, consumers have turned to online purchasing in record numbers. As a result, opportunities can be lost and important strategic decisions delayed to the detriment of the business.

Picking 36

Picking Cost Reduction Price Reduction Industry 36

Blog on Log

SEPTEMBER 18, 2006

Supply chain management (SCM) is one of the key drivers in today's business world with offshore sourcing, foreign competition and global markets. SCM requires reducing costs, increasing inventory velocity and compressing cycle time; and some say these three may not be compatible or consistent. Or, for the time it takes.

Purchasing Skills 40

Purchasing Skills Cost Reduction Supply Chain Planning Software Procurement Analytics 40

EazyStock

MARCH 22, 2022

As a first step, if you have access to historical data, look for a sales period with similar trends and market dynamics as the present day (if possible). Collaboration between purchasing and sales departments will allow better sales and trend pattern tracking. For start ups, spreadsheets can be an efficient, low-cost tool.

Supply Chain Planning Software 52

Supply Chain Planning Software How To Supply Chain Design Software Supply Chain Software 52

Logistics Manager

NOVEMBER 22, 2019

The main advantage of Kango Express’ service is that customers are able to purchase from every online store in America, including stores that do not support overseas shipping. This can save up to fifteen to twenty percent of transportation costs. Award Winning Logistics Service Provider. “

Global logistics 36

Global logistics Logistics Network Optimization Software Eliminating Excel in Purchasing Logistics 36

247 Customs Broker

NOVEMBER 14, 2018

In general, the value listed on a commercial invoice should be the price a buyer has paid for a product (and not the amount the goods will be sold for). Deductive Value – This is essentially the resale price in the United States, with deductions for certain items. Export.gov : Go-to source for information on key topics, including: #5.

White Paper 28

White Paper Resource Reduction Manufacturing Procurement Price Reduction 28

WorkWave

AUGUST 4, 2020

While descriptive data presents existing figures, predictive data allows you to draw insights from trends in your descriptive data in order to make an educated guess about what might happen next. Some sources estimate the cost of acquiring new customers as being as much as 5-25 times higher than that of retaining a customer.

Data 91

Data Procurement Analytics Sourcing Strategies Ordering 91

Blue Grace Logistics

AUGUST 3, 2021

Companies have the right to receive the best service and the best price from their suppliers, and the relationship between shippers and suppliers is a key component to a successful partnership. It is important to value the options based on variables such as: Price. Select Your Supplier Carefully. Payment conditions.

Maintainability 115

Maintainability Price Reduction Purchasing Skills Resource Reduction 115