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

Transporeon

APRIL 2, 2019

This blog examines how manufacturers, suppliers, and retailers can take back control and cut cuts by improving tender management. Many shippers expect prices to remain stable (44%) but no-one thinks that rates will decline (Transporeon/Xeneta survey, 2016). So what’s going on with ocean freight rates?

Price Reduction 48

Price Reduction Cost Reduction Negotiate Pricing Freight 48

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. Between classroom lectures, cases, and “applied” learning events with industry, UW-Madison makes sure students are exposed to it all. But in real life, data is rarely given.

Supply Chain Design Software 40

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

GlobalTranz

JANUARY 6, 2015

No matter what kind of enterprise you represent (manufacturing, distribution, any company that ships freight), freight bills and bills of lading are parts of a unified network of standards developed by logistics providers to help you get your freight from your own facilities to the end user or from your supplier to you via inbound freight.

Blog 88

Blog Freight Negotiating Skills Negotiate Pricing 88

MTS Logistics

OCTOBER 9, 2023

Regardless of their size, companies are reassessing their global supply chain strategies. In a nutshell, the main advantages of supply chain risk diversification are minimizing potential supply chain-related disruptions, having more negotiating power, improved resilience, and access to new markets.

Negotiate Pricing 82

Negotiate Pricing Negotiating Skills Supply Chain Software Supply Chains 82

Conger

MARCH 28, 2024

Benefits of Fleet Management Operational Efficiency Businesses can implement numerous strategies to streamline workflows to enhance operational efficiency in fleet management. One of the strategies to consider is adopting robust fleet management software, which enables businesses to automate and streamline fleet-related processes.

Optimization Software 73

Optimization Software Optimal Sourcing Expense Reduction Cost Reduction 73

Automotive Logistics

MAY 30, 2018

Better communication is needed in the automotive supply chain, including between OEMs, suppliers, logistics providers and IT experts providing digital supply chain services. Rene Diest, global chief information officer (CIO) at interiors supplier Faurecia, agreed that in a data-driven economy it was all about “the fast beating the slow”.

Supply Chain Planning Software 48

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 48

Logistics Bureau

MAY 8, 2023

For example, a shipper might focus exclusively on ocean freight for frugality while underestimating the planning required to make it a cost-effective solution. The adverse effects of such a mistake might include inventory availability issues during seasonal sales surges or in the event of an unforeseen shipping crisis, for instance.

Negotiating Skills 62

Negotiating Skills Cost Reduction Resource Reduction Price Reduction 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. Suppliers of products such as car parts, office equipment, and raw materials are examples of B2B businesses. The remainder goes to the supplier or manufacturer.

Modeling Software 52

Modeling Software eCommerce Modeling Manufacturing Procurement 52

Infosys Supply Chain Management

MARCH 30, 2012

News & Events. |. They are actually able to compare the products, look for availability of the product, get detailed information about the product, check prices at various online websites selling the specific product and also look for attractive offers. Instance Consolidation Strategy. Payments Treasury. Wealth Management.

Supply Chain Planning Software 25

Supply Chain Planning Software Supply Chain Software Supply Chains Manufacturing Procurement 25

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. Our economy relies on the transportation of goods and materials to connect suppliers with manufacturers, manufacturers with retailers, and retailers with consumers. Inventory .

Material Savings 62

Material Savings Capacity Optimal Sourcing Inventory Reduction 62

Ship Monk

JANUARY 20, 2023

A manufacturer purchases steel from a supplier and turns it into tiny gears to make watches. To the supplier, the steel is merchandise inventory (a.k.a. By forcing customers to buy a certain number of product(s) with each order, a supplier can achieve profitability through economies of scale. finished goods).

eCommerce 52

eCommerce Inventory Reduction Material Savings Manufacturing Procurement 52

Blue Grace Logistics

APRIL 7, 2020

Having these alternatives on standby or in a working relationship will ensure that in the event the regular service provider cannot fulfill the business requirement, the business will not suffer. Negotiation power: Cost is an important factor in supply chain. Diversification is great for other stakeholders in the ecosystem.

Supply Chain Design 62

Supply Chain Design Supply Chains Negotiating Skills Negotiate Pricing 62

Talking Logistics

DECEMBER 20, 2017

I’ll begin with several high-level trends and factors that will impact supply chain and logistics strategies and operations in the coming year: Free Trade Agreements : “The U.S., Oil Prices : At the beginning of 2017, the price of Brent crude oil was $56.86 Today the price is $63.88 Today the price is $63.88

Supply Chain Design Software 54

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 54