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

Talking Logistics

SEPTEMBER 20, 2017

Here’s an easy way to think about the regular and potential future disruptions that could impact your ocean shipping strategy, and what you can do to prepare for what comes next. At these times of the year, you should see less risk to your standard ocean shipping strategy. History can inform how we approach the next significant event.

Scenario Planning 63

Scenario Planning Freight How To Negotiating Skills 63

247 Customs Broker

MARCH 26, 2018

I was having lunch with a friend of mine who had recently conducted a transportation sourcing event. Our rates are going up and the carriers are completely unwilling to negotiate with us—where did we go wrong?”. There are plenty of companies using a flawed process in conducting their transportation sourcing events. Want proof?

Optimal Sourcing 28

Optimal Sourcing Sourcing Strategies Negotiating Skills Negotiate Pricing 28

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

WorkWave

APRIL 3, 2020

Current events have caused companies today to look for everything from environmentally-friendly cleaning solutions to sterilization techniques that prevent the spread of illnesses. It is also essential to know how to create a distinct company brand so you can market your business, stand out from the crowd, and expand your earning potential.

Resource Reduction 58

Resource Reduction Negotiating Skills Buyer Training Purchasing Skills 58

The Logistics Academy

FEBRUARY 13, 2017

The club also organizes a roundtable event each semester that brings students and companies together to explore opportunities for internships and jobs. Another trend is learning how to deal with the avalanche of data that supply chain managers have at their fingertips. But hard skills must be coupled with soft skills.

Supply Chain Design Software 40

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 40

GlobalTranz

AUGUST 26, 2016

An internal solution will come with a cost, and you need to ensure resources are available for this reason. How does the proposed solution evolve in the event of an unforeseen collapse or expansion of operations? These critical steps must include the following: Create a 3PL Selection Strategy or Plan. Stay Involved.

Outsourcing 52

Outsourcing Resource Reduction Negotiating Skills Cost Reduction 52

Logistics Bureau

MAY 8, 2023

I’m talking about enterprises that leave their interactions with freight carriers to one or two people with little or no logistics knowledge or experience because freight and logistics are not core competencies. The answer is that the approach could cost your company vast sums of money in unnecessary logistics costs.

Negotiating Skills 62

Negotiating Skills Cost Reduction Resource Reduction Price Reduction 62

Conger

MARCH 28, 2024

MaaS can lead to cost-minimization of transport services like public transportation, rental, and sharing offerings. Data Analytics This involves the collection of data reports from various fleet performance metrics, such as vehicle utilization, fuel consumption, and maintenance costs.

Optimization Software 72

Optimization Software Optimal Sourcing Expense Reduction Cost Reduction 72

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. Readers also wanted to know and make sure they were working with reputable freight brokers.

Blog 88

Blog Freight Negotiating Skills Negotiate Pricing 88

Talking Logistics

OCTOBER 9, 2018

Of course, all of this is easier said than done, but new challenges tend to require new strategies and new innovation. Freight Capacity Crisis: How Did We Get Here So Quickly? That’s assuming there are no major economic events. Here are a few ideas on how to manage through the current capacity crisis: 1.

Capacity 67

Capacity Freight Logistics Network Optimization Software Supply Chain Software 67

Logistics Business Magazine

SEPTEMBER 7, 2023

Meanwhile, real-time data can be used to make smart split-second decisions – like how to correct or replan when problems occur. Beyond this, the structure of negotiations is relatively simple – participants can make an offer, wait for a response, make a counteroffer, accept an offer, or end a negotiation.

Logistics Network Optimization Software 69

Logistics Network Optimization Software Data Modeling Software Negotiating Skills 69

GoShip Blog

FEBRUARY 14, 2023

Less-than-truckload (LTL) shipping offers a cost-effective approach to transporting packages along your supply chain. Understanding the causes behind these issues and having the ability to identify warning signs will help you implement strategies to keep their occurrence to the barest minimum.

Negotiating Skills 52

Negotiating Skills Material Savings Cost Reduction Price Reduction 52

Logistics Bureau

OCTOBER 11, 2021

Supply Chain and Logistics Knowledge. However, in the wake of the pandemic, with ecommerce demand ballooning as it is, an injection of supply chain and logistics knowledge can generate a much-needed marketplace advantage. Where to Access the Knowledge You Need. How to Improve Product Availability. Product Availability.

eCommerce 62

eCommerce Supply Chain Planning Software Negotiating Skills Material Savings 62

Ship Monk

AUGUST 28, 2023

In most cases, your business model will spring naturally from your product(s), the type of customer you’re targeting, and your pricing strategy. The dropshipper collects payment for the purchase from the end customer, and keeps a pre-negotiated portion of the proceeds as payment for its services.

Modeling Software 52

Modeling Software eCommerce Modeling Manufacturing Procurement 52

Blue Grace Logistics

SEPTEMBER 21, 2021

This impacts your business with inconsistent rates, uncertainty of available equipment, fulfillment strategy, and more importantly the customer experience. The decrease in staffing results in less freight production, organically resulting in increased shipping cost. How to Overcome a Capacity Crunch. Technology is key .

Material Savings 62

Material Savings Capacity Optimal Sourcing Inventory Reduction 62

Ship Monk

JANUARY 20, 2023

Welcome back to the ultimate guide for enhancing your ecommerce knowledge! Businesses set MOQs when their costs are so high or their margins are so low on a particular product that they would lose money or see nominal profits producing or selling one unit at a time. It’s all about maintaining profitability.

eCommerce 52

eCommerce Inventory Reduction Material Savings Manufacturing Procurement 52

Talking Logistics

NOVEMBER 30, 2017

What we found provides valuable insights on the effect that additional stops have on price and service. In a nutshell, we learned that 3 things increase the cost of multi-stop truckload: More additional stops. As you add the third and fourth stops, the incremental price increase is not as dramatic. More out-of-route miles.

Material Savings 121

Material Savings Negotiating Skills Price Reduction Cost Reduction 121

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

SEPTEMBER 14, 2016

If raw materials are unavailable, all subsequent processes are affected, which may result in increased costs to consumers and the respective companies as well. However, following these 10 practices can help you learn how to reduce spend in the procurement supply chain. Use External Benchmarking Tools. The Big Picture.

Manufacturing Procurement 102

Manufacturing Procurement Supply Chain Planning Software Optimal Sourcing Material Savings 102

Blog on Log

SEPTEMBER 12, 2007

organizations) will automatically execute the complex strategic design of the rationalists.” Or, maybe "Designing Organizations - An Executive Guide to Strategy, Structure, and Process" by Jay R. White (various editions) Why: Spend a half-hour reading this tiny book, and you’ll learn how to write good business prose.

Sourcing Strategies 40

Sourcing Strategies Eliminating Excel in Purchasing Negotiating Skills Seminar 40

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). Specifically, what is cargo insurance, and should shippers even request it.

Cargo 49

Cargo Negotiating Skills Buyer Training Cost Reduction 49

GlobalTranz

NOVEMBER 7, 2018

Shippers need to understand what’s contributing to a higher-than-usual LTL peak season and how to prepare for it to keep freight spend in check. Cassidy of JOC.com , UPS has already announced freight sales events and expectations for higher package volumes. This will cause delays and add to freight shipping costs.

Scenario Planning 74

Scenario Planning Cost Reduction Negotiating Skills Vendor Strategies 74

Automotive Logistics

AUGUST 14, 2018

In addition, the Port Conveyance Program transfers surplus federal land to states and local governments at no cost for use as a port facility. A shortage of rail cars has forced some carmakers to deliver by road instead – though enclosed trucks can cost 10 times as much. Digital ports. Rail headaches.

Supply Chain Planning Software 39

Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Design Software Modeling Software 39