Locus

APRIL 1, 2022

It gives us immense pleasure to announce that Locus has been listed as a Representative Vendor in the 2022 Gartner® Market Guide for Supply Chain Network Design Tools. And as supply chains continue to grow in scale and complexity to meet these demands, so do the costs. GARTNER is a registered trademark and service mark of Gartner, Inc.

Supply Chain Design Software 52

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Supply Chain Software 52

GlobalTranz

AUGUST 9, 2017

Unfortunately, finding savings in parcel shipping costs can be difficult at best, especially considering the major carriers’ constant changes to parcel service guides. Carriers have detailed published rates, counter rates and negotiated rates with various shippers, smaller carriers and even destination types. Negotiations.

Negotiating Skills 49

Negotiating Skills Price Reduction Cost Reduction Waste Reduction 49

ShipLilly

MARCH 5, 2020

The second issue relates to how much they will be able to increase their rates during the yearly service contract negotiations that are coming up in the spring. As the event approached, many other carriers announced some adjustments to their scheduled journeys. It is also likely that the price of fuel will inform operational decisions.

Negotiating Skills 52

Negotiating Skills Cost Reduction Price Reduction Capacity 52

Parade

MARCH 8, 2022

Here’s How Parade’s Digital Booking Tool, Book Now, Increases ROI. Brokerage reps spend less time to set up a Book Now than they would to get a typical load booked, even with all the automation and tools that Parade offer to simplify booking. ROI gained by using Parade’s Book Now feature goes deeper than you might imagine.

Negotiating Skills 78

Negotiating Skills Digital Tools Demo 78

Logistics Bureau

NOVEMBER 16, 2020

You are not alone, especially as in the time since we first penned this article, one huge and unforeseen event has raised awareness of the global importance of this vital sector—and shown it to be an attractive career choice. That event was the global COVID-19 pandemic, which erupted during the first half of 2020. Networking.

Supply Chain Planning Software 115

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 115

Parade

MARCH 18, 2021

In this post, we explore truckload pricing tools as an important part of every digital freight brokerage’s operations. Truckload pricing software is key to a broker’s ability to buy freight and sell capacity profitably in the daily spot environment. As a freight brokerage, you live and die by your pricing.

Negotiating Skills 78

Negotiating Skills Price Reduction Tools Cost Reduction 78

Parade

MARCH 18, 2021

In this post, we explore truckload pricing tools as an important part of every digital freight brokerage’s operations. Truckload pricing software is key to a broker’s ability to buy freight and sell capacity profitably in the daily spot environment. As a freight brokerage, you live and die by your pricing.

Negotiating Skills 78

Negotiating Skills Price Reduction Tools Cost Reduction 78

Parade

MARCH 18, 2021

In this post, we explore truckload pricing tools as an important part of every digital freight brokerage’s operations. Truckload pricing software is key to a broker’s ability to buy freight and sell capacity profitably in the daily spot environment. As a freight brokerage, you live and die by your pricing.

Negotiating Skills 78

Negotiating Skills Price Reduction Tools Cost Reduction 78

Parade

JANUARY 18, 2022

Employ tech tools like Parade to support the scale-up. Freight brokerages and asset carriers will have to have some tricks up their sleeves to cover the loads they have coming in, and they’ll need a solid strategy and the tools to carry it out to grow in 2022. aren’t going anywhere any time soon.

Tips 78

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

GlobalTranz

SEPTEMBER 23, 2021

Such congestion naturally leads to bottlenecks in planning drayage and eventual increases in the total cost of shipping, not to mention an added strain on trucking as the bottlenecks grow.? . Increasing fuel costs also play into the available capacity woes.? ? on-highway diesel fuel prices are up $0.898 from the end of August 2020.

Optimal Sourcing 123

Optimal Sourcing Supply Chain Planning Software Negotiating Skills Supply Chain Software 123

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. Paying below-market rates in highly volatile lanes could lead to additional costs. . That helps with planning asset allocation and assessing current pricing structures.

Optimal Sourcing 98

Optimal Sourcing Procurement Analytics Procurement Solutions Procurement 98

Log-hub

NOVEMBER 22, 2023

Efficient inventory management, layout organization, and operational strategies are key to meeting customer demands while minimizing costs and maximizing profits. One of the most powerful tools employed in this endeavor is the ABCD Analysis.

Inventory Reduction 40

Inventory Reduction Analysis Material Savings Waste Reduction 40

Log-hub

NOVEMBER 22, 2023

Efficient inventory management, layout organization, and operational strategies are key to meeting customer demands while minimizing costs and maximizing profits. One of the most powerful tools employed in this endeavor is the ABCD Analysis.

Inventory Reduction 40

Inventory Reduction Analysis Material Savings Waste Reduction 40

CLX Logistics

JULY 26, 2021

Let’s look at the facts – the percentage of supply chain managers using new analytics tools and services to develop better bidding strategies has increased from 17% in 2017 to more than 30% in 2020. 1 As the ability to strategize bidding continues to improve and keep shippers competitive, that number will continue to grow.

Material Savings 40

Material Savings Sourcing Strategies Cost Reduction Inventory Reduction 40

Log-hub

NOVEMBER 22, 2023

Efficient inventory management, layout organization, and operational strategies are key to meeting customer demands while minimizing costs and maximizing profits. One of the most powerful tools employed in this endeavor is the ABCD Analysis.

Inventory Reduction 40

Inventory Reduction Analysis Material Savings Waste Reduction 40

Locus

DECEMBER 7, 2021

Presently, their major focus lies on local production, warehousing and strategic sourcing. Oil price fluctuations. Fluctuations in oil prices and oil supply disruptions are majorly caused by political events, supply pipeline issues or weather problems. How do businesses enable strategic sourcing?

Optimal Sourcing 52

Optimal Sourcing Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 52

Penske Move Ahead

JUNE 11, 2020

These new tools are protecting professional drivers and the motoring public while also reducing trucking carriers' liability. Fleets can also add in-cab cameras, which have been shown to exonerate drivers and help cut insurance costs. NTSB also said onboard video systems provide valuable information for evaluating crashes.

Logistics Network Optimization Software 55

Logistics Network Optimization Software Negotiating Skills Trucking Cost Reduction 55

3PL Links

SEPTEMBER 19, 2023

By making everything clear, you may increase consumer confidence and negotiating security. Analyze the financial effects: An effective reverse logistics plan lowers the company’s storage and transportation costs. Send regular information on the status of the purchase, delivery, and pickup.

Optimal Sourcing 48

Optimal Sourcing Reverse logistics Optimization Software Optimization 48

MTS Logistics

JANUARY 11, 2021

In today’s logistics environment, EDIs (electronic data interfaces) and the Internet are the most used tools to transfer documents among buyers, sellers, vendors, banks, customers and government entities. A non-negotiable BOL must be signed by the parties listed, while a negotiable BOL can be transferred to a specified third party.

Document 72

Document Buyer Training Negotiating Skills Purchasing Skills 72

FreightWaves SONAR

DECEMBER 29, 2020

Freight data can help transportation brokers understand market volatility, allocate assets, identify high priority loads, and negotiate trucking contracts with the carrier. The lack of freight data amounts to managing the company without any visibility into current operations or transportation costs. That is simply unacceptable.

Data 52

Data Negotiating Skills Transportation Supply Chain Software 52

GlobalTranz

SEPTEMBER 24, 2018

Customers want their orders faster and at lower prices, and shippers that are unable to fulfill these demands, will see customers abandon their company in favor of Amazon or Walmart. The need to integrate existing systems and offer the best pricing in the industry has never been greater. LEARN MORE. Get E-Commerce solutions.

3PL 84

3PL Logistics Network Optimization Software Supply Chain Software Transportation 84

Talking Logistics

MAY 17, 2017

Also known as “the 80/20 rule,” the Pareto Principle states that, for many events, roughly 80% of the effects come from 20% of the causes. Now, because of the costs involved in transporting freight, companies have a tendency to focus their attention and capital around the actual movement of goods. Management consultant Joseph M.

Negotiating Skills 61

Negotiating Skills Supply Chain Software Optimization Software Digital 61

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. We find that a skill set in another discipline gives students a competitive advantage because it can enhance how they practice logistics and supply chain management.

Supply Chain Design Software 40

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

CLX Logistics

APRIL 27, 2016

For suppliers and mid- to large-sized companies, supply chain visibility serves as the foundation for strategic decisions and tactical improvements across the entire transportation network. Much like any other strategic initiative or company-wide process change, leadership must start with the end in mind.

Optimal Sourcing 40

Optimal Sourcing Supply Chain Planning Software Optimization Software Supply Chain Software 40

Blue Grace Logistics

DECEMBER 14, 2017

Bobby left the team with a new found excitement for the year to come and with new tools and data to help accomplish upcoming goals. Sparked by the loss of his father, Alex began sending promise cards to anyone who requested them at no cost. After a full day of knowledge, it was time to unwind a little! Featured Speaker| Day 1.

Conference 48

Conference Negotiating Skills Logistics Network Optimization Software Presentation 48

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 73

Optimization Software Optimal Sourcing Expense Reduction Cost Reduction 73

Talking Logistics

OCTOBER 9, 2018

That’s assuming there are no major economic events. For so long, some shippers took advantage of being in the so-called driver’s seat in the rate negotiations. Having this data is critical when executives want answers about rising shipping costs, which have jumped 20 or 30 percent in the last year. Be More Carrier Friendly.

Capacity 68

Capacity Freight Logistics Network Optimization Software Supply Chain Software 68

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. They offer insight into client negotiation strategies, how to brand and market your business, and how to anticipate your clients’ needs. Cleaning 4 Profit.

Resource Reduction 58

Resource Reduction Negotiating Skills Buyer Training Purchasing Skills 58

Logistics Viewpoints

FEBRUARY 2, 2023

This article explores two such ways modern digital tools can elevate the performance of 3PLs on the way to creating stickier customers. Where customers gain the ability to make informed decisions based on improved visibility into their inventory, 3PLs can reduce their cost of service, while simultaneously enhancing productivity and profits.

Supply Chain Planning Software 122

Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software Negotiating Skills 122

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

Logistics Business Magazine

SEPTEMBER 7, 2023

Artificial intelligence is a potent tool that helps companies get the most from their data. So, how AI can transform how companies utilise their data through autonomous procurement, real-time ETA tools and decarbonisation? Data collected over time provides intelligence, enabling companies to enhance long-term decision-making.

Logistics Network Optimization Software 67

Logistics Network Optimization Software Data Modeling Software Negotiating Skills 67

GoShip Blog

FEBRUARY 14, 2023

Less-than-truckload (LTL) shipping offers a cost-effective approach to transporting packages along your supply chain. A TMS enables companies to manage all their transportation-related needs from a single platform and provides real-time visibility into events happening at each stage along the supply chain.

Negotiating Skills 52

Negotiating Skills Material Savings Cost Reduction Price Reduction 52

Automotive Logistics

MAY 30, 2018

When we run an operation that is lean and have a disruption on that supply chain, either you have the IT tools to manage it so you can quickly react or the result is a line stoppage.”. Monteiro said the problem was solved only because of the agility of the people working in VW’s supply chain and the IT tools at its disposal.

Supply Chain Planning Software 48

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

Logistics Business Magazine

JUNE 18, 2021

Transporeon has kicked off its largest event and convention for the audience of carriers, 3PL and 4PL operators and forwarders. This new tool helps to create further transparency on the European FTL market enabling better-informed procurement strategies for shippers as well as increased asset profitability for carriers.

Logistics Network Optimization Software 47

Logistics Network Optimization Software Negotiating Skills Optimal Sourcing Optimization Software 47

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. Product Availability.

eCommerce 62

eCommerce Supply Chain Planning Software Negotiating Skills Material Savings 62

Transporeon

NOVEMBER 12, 2017

This far more complicated set of requirements meant that the company didn't have as much leverage in its freight rate negotiations as high-volume single-lane shippers in the 100,000+ TEU range looking to buy cargo in major lanes. Benchmarks are a useful tool for both shippers and carriers.

Manufacturing Procurement 48

Manufacturing Procurement Negotiating Skills Procurement Freight 48

Transporeon

MARCH 22, 2018

Depending on the mode of transport and the type of product being shipped, the offer matrix can contain individual price components and different quantity structures and units, along with additional information that can make comparisons difficult.

Optimal Sourcing 48

Optimal Sourcing Negotiating Skills Purchasing Skills Negotiate Pricing 48