MTS Logistics

DECEMBER 16, 2021

With sky high rates, space and equipment issues and other unexpected events, we are about to close out 2021 which will go down in the history of shipping as one of the most chaotic, challenging, and troubling years ever. Contract negotiations. Surviving 2021 in the supply chain world itself is considered a success for many.

Trends 79

Trends Negotiating Skills Vendor Strategies Supply Chains 79

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. Pinpoint Market Rates.

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. Pinpoint Market Rates.

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. Pinpoint Market Rates.

Negotiating Skills 78

Negotiating Skills Price Reduction Tools Cost Reduction 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. . Knowing the trends of the lanes can help widen their margins. . Intelligence is more than data or knowledge.

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. Inefficient operations: Absence of proper organization could lead to difficulties for warehouse staff in locating and picking items, causing wasted time and escalated labour costs.

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. Inefficient operations: Absence of proper organization could lead to difficulties for warehouse staff in locating and picking items, causing wasted time and escalated labour costs.

Inventory Reduction 40

Inventory Reduction Analysis Material Savings Waste Reduction 40

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

Blue Grace Logistics

MARCH 9, 2021

The COVID-19 pandemic accelerated already existing trends among customer expectations, it upset accurate forecasting in capacity, closed borders and redirected the flow of goods. Customer expectations have been trending towards same-day and next-day shipping under the Amazon Effect. Shipping challenges are greater than ever this year.

3PL 113

3PL Negotiating Skills Logistics Network Optimization Software Supply Chain Planning Software 113

Stord

MARCH 5, 2019

In another session, an Anheuser-Busch representative explained how the company uses data insights to improve pricing and supply chain forecasting. Trade chaos and economic trends are forcing retailers to adapt Recent events in global trade also headlined many of the sessions.

Conference 78

Conference Waste Reduction Optimal Sourcing Resource Reduction 78

Locus

APRIL 1, 2022

Market trends also continue to evolve faster than ever. And as supply chains continue to grow in scale and complexity to meet these demands, so do the costs. There is also the question of rising uncertainty caused by unpredictable events on supply chain performance.

Supply Chain Design Software 52

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

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. Inefficient operations : Absence of proper organization could lead to difficulties for warehouse staff in locating and picking items, causing wasted time and escalated labour costs.

Inventory Reduction 40

Inventory Reduction Analysis Material Savings Waste Reduction 40

MTS Logistics

JANUARY 30, 2020

It is strategically located on the Yangtze River, the world’s busiest waterway. Traditionally, carriers push for multiple general rate increases prior to the contract negotiation season, in the hopes of pushing rates to their highest levels possible so that contracts can be negotiated from those higher levels.

Purchasing Skills 109

Purchasing Skills Negotiating Skills Manufacturing Procurement Factories 109

CLX Logistics

JULY 26, 2021

1 As the ability to strategize bidding continues to improve and keep shippers competitive, that number will continue to grow. Procurement Event Strategies. Not every platform offers expert-enhanced procurement event strategies on top of a digital platform! E-Bids & Negotiations. Network Risk Assessments.

Material Savings 40

Material Savings Sourcing Strategies Cost Reduction Inventory 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

Blue Grace Logistics

FEBRUARY 6, 2019

What would be more cost effective – booking spot rates or negotiating contract rates? Knowledge of the existing trends can also provide insight into what one may expect from the trucking industry in the coming year. The trend is expected to continue at the start of 2019.

Negotiating Skills 48

Negotiating Skills Industry Trucking Trends 48

FLS Transport

SEPTEMBER 17, 2020

Truck Driver Appreciation Week kicks off… the TSI is up… consumer spending shifts cause freight imbalance… western CAN ports offer a new option for US shippers… the drivers shortage talk track is back… shippers are frantically re-negotiating contracted rates… and never hear “stuck at the border” again.

Procurement Analytics 52

Procurement Analytics Negotiating Skills Freight Purchasing Skills 52

MTS Logistics

JANUARY 11, 2021

Some countries’ custom authorizations require this document to compare with the actual commercial invoice to check if the terms of trade such as contents, price and the quantity are matching. A non-negotiable BOL must be signed by the parties listed, while a negotiable BOL can be transferred to a specified third party.

Document 70

Document Buyer Training Negotiating Skills Purchasing Skills 70

MTS Logistics

APRIL 8, 2019

Carriers, shippers and many industry professionals are dealing with uncertainty over the potential effects on pricing and freight rates as they enter the 2019-2020 transpacific contract season. Each way will have a different advantage and cost structure. This will reduce sulfur oxide emissions from 3.5% / m to 0.5% / m.

Negotiating Skills 46

Negotiating Skills Price Reduction Cost Reduction Maritime 46

The Logistics Academy

FEBRUARY 13, 2017

Q: What are the latest trends in logistics education, and how does your program address them? Gerard Burke, Georgia Southern University: A continuing trend is the challenge to attract students to pursue a career often perceived as humdrum. Experiential learning is another trend seen as valuable to both hiring companies and students.

Supply Chain Design Software 40

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

Freightos

MARCH 23, 2023

Ocean freight maven Lars Jensen of Vespucci Maritime encouraged attendees not to fear: He sees the last years as remarkable, but also views the current ocean environment as quite normal in that recognizable ocean freight market dynamics are back to determining the market’s trends.

Price Reduction 62

Price Reduction Inventory Reduction Industry Cost Reduction 62

Transporeon

APRIL 2, 2019

Checking the background info In 2015, the ocean freight rate trend was distinctly downwards – the SCFI declined from around 1,000 to just 500 during the year. But through 2016 (notwithstanding a post-Christmas tumble at the start of the year), the overall trend was volatile and heading upwards.

Price Reduction 48

Price Reduction Cost Reduction Negotiate Pricing Freight 48

GlobalTranz

JULY 26, 2018

You’ll want to make sure you have carefully planned agreements in place with contingency plans in the event of a fulfillment center stopping service. To get the most work for the lowest cost, employees often have long days with few breaks. The Top Logistics Trends that Will Impact Logistics Management in 2018?.

eCommerce 48

eCommerce Cost Reduction Inventory Reduction Price Reduction 48

Talking Logistics

JANUARY 29, 2018

Unlike most industry conferences, which are crammed like sardines into the month of May, this one is always in January and it spotlights the trends and topics that are top of mind for supply chain and logistics executives heading into the new year. Research Analyst at Baird, gave a comprehensive of overview of global economic trends.

Conference 0

Conference Supply Chain Software Logistics Network Optimization Software Negotiating Skills 0

Conger

MARCH 28, 2024

Here are the new trends in technologies that continue to impact fleet management practices: Autonomous vehicles : I am sure you have already seen autonomous vehicles used in military applications or niche logistics. MaaS can lead to cost-minimization of transport services like public transportation, rental, and sharing offerings.

Optimization Software 72

Optimization Software Optimal Sourcing Expense Reduction Cost Reduction 72

Transporeon

DECEMBER 4, 2016

In 2016 (notwithstanding the post-Christmas tumble in Q1), the overall trend has been upward. The consolidation in the shipping industry will mean less competition as each carrier now controls a greater market share with the ability to better price and plan, with potentially rising freight rates as a consequence.

Price Reduction 48

Price Reduction Negotiating Skills Cost Reduction Freight 48

Blue Grace Logistics

DECEMBER 14, 2017

Data was shared with the team about what we accomplished in our Freight, Truckload and Enterprise departments and what effect future trends will have on us in 2018 and beyond. Sparked by the loss of his father, Alex began sending promise cards to anyone who requested them at no cost. Featured Speaker| Day 1. Featured Speaker| Day 1.

Conference 48

Conference Negotiating Skills Logistics Network Optimization Software Presentation 48

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. Today, companies have varied interpretations of “visibility,” largely due to evolving business demands and globalization trends.

Optimal Sourcing 40

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

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. Here are the best cleaning company podcasts to help you to grow your business and stay up-to-date with current trends. Time To Read: 4 minutes.

Resource Reduction 58

Resource Reduction Negotiating Skills Buyer Training Purchasing Skills 58

Talking Logistics

OCTOBER 9, 2018

Just as few, if any, saw the severity of the current capacity crunch coming, it’s equally unclear just how long this trend will last. 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. There are No Crystal Balls.

Capacity 67

Capacity Freight Logistics Network Optimization Software Supply Chain Software 67

MTS Logistics

OCTOBER 4, 2021

Shipping industry stakeholders have faced many of these events, and they have changed the shipping industry irrevocably, for good. One event after another pushed the overall supply chain to its limits. Follow the latest trends and expectations in the supply chain to get ahead of the curve. Increased freight costs.

Supply Chain Planning Software 88

Supply Chain Planning Software Supply Chain Software Supply Chains Negotiating Skills 88

MTS Logistics

OCTOBER 9, 2023

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. One of the biggest impacts of decoupling in the supply chain is that it helps minimize the impact of unexpected events.

Negotiate Pricing 82

Negotiate Pricing Negotiating Skills Supply Chain Software Supply Chains 82

Automotive Logistics

MAY 30, 2018

He added that VWoA was continuing to work collaboratively with its IT providers on a project to increase efficiency, add value to the supply chain and reduce costs. Indeed, data from analyst PwC Autofacts suggests that the higher cost of AVs might be a barrier to growth, along with a host of other significant issues.

Supply Chain Planning Software 48

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

Infosys Supply Chain Management

FEBRUARY 8, 2012

News & Events. |. Discuss the latest trends and solutions across the supply chain management landscape. They expand into an analysis of revenue-accruing & cost-optimizing functions, and result in the identification of capabilities that the organization aspires to develop or enhance. Features & Opinions. |.

Supply Chain Planning Software 34

Supply Chain Planning Software Optimal Sourcing Supply Chain Software Supply Chains 34

Infosys Supply Chain Management

MARCH 30, 2012

News & Events. |. Discuss the latest trends and solutions across the supply chain management landscape. Consumers get their choice of goods as well get satisfied with the price they pay. Basically they sell the products at Market Operating Price (MOP) or slightly higher. Social Media in Supply Chain.the new trend!

Supply Chain Planning Software 25

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

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