GoShip Blog

DECEMBER 29, 2022

Shipping is a cost neither business owners nor their customers enjoy having to shoulder. Shipping costs often leave the affected parties no choice but to learn how to deal with it. Fortunately, there are effective strategies you can employ to reduce your e-commerce store’s shipping costs. Flat rate shipping .

Cost Reduction 52

Cost Reduction Price Reduction Inventory Reduction Negotiating Skills 52

SYSPRO Smarter ERP

NOVEMBER 30, 2021

Despite record layoffs in many industries, Canadian manufacturers face a skills shortage in key positions in operations and across the supply chain. All of the above pressures culminate in rising operational costs – from ?labor, Talent gaps: ? One of the key drivers is the aging workforce leaving for retirement. Managing Inventory.

Supply Chain Planning Software 105

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Manufacturing Procurement 105

GoShip Blog

JULY 18, 2022

Freight costs have a substantial effect on profitability and overall business growth. Learn how to optimize these costs to keep your supply chain running smoothly without paying exorbitant amounts for shipping. How freight costs impact your business. Ways you can optimize your freight costs.

Optimization Software 52

Optimization Software Cost Reduction Negotiating Skills Purchasing Skills 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

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. Artificial intelligence is a potent tool that helps companies get the most from their data. For example, predicting arrival times for loads has traditionally been a pain point for both shippers and carriers.

Logistics Network Optimization Software 62

Logistics Network Optimization Software Data Modeling Software Negotiating Skills 62

GoShip Blog

FEBRUARY 14, 2023

Less-than-truckload (LTL) shipping offers a cost-effective approach to transporting packages along your supply chain. Examples include missing freight, delivery delays, damaged products, hidden charges, ambiguous documentation, poor contract terms, and limited carrier networks.

Negotiating Skills 52

Negotiating Skills Material Savings Cost Reduction Price Reduction 52

Parade

FEBRUARY 8, 2021

In this post, we explore DFM Marketplaces as an important tool in every digital freight brokerage’s operations. This is due to the fact that in-network carriers are less of a wild card: they have a proven track record of success, and their pricing is often within an acceptable range. Let’s look at the vertical leaders. ,

Negotiating Skills 78

Negotiating Skills Price Reduction Expense Reduction Cost Reduction 78

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

Logistics Bureau

JULY 10, 2023

Let’s begin with a challenge that often frustrates leaders of companies in the startup phase, especially smaller organisations— how to access dedicated logistics expertise , resources, and infrastructure.

3PL 53

3PL Logistics Network Optimization Software Negotiating Skills Inventory Reduction 53

Logistics Viewpoints

JUNE 8, 2021

Today, these legacy retailers and Walgreens in particular stand out from competitors, boasting an increasing array of omnichannel fulfillment options and the ability to deliver orders to customers’ doors faster than ever, even if for a cost. How can we strategically house inventory to better support gig integration?

Supply Chain Planning Software 167

Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Software Negotiating Skills 167

Parade

FEBRUARY 8, 2021

In this post, we explore DFM Marketplaces as an important tool in every digital freight brokerage’s operations. This is due to the fact that in-network carriers are less of a wild card: they have a proven track record of success, and their pricing is often within an acceptable range. Let’s look at the vertical leaders. ,

Negotiating Skills 78

Negotiating Skills Price Reduction Expense Reduction Cost Reduction 78

Parade

FEBRUARY 8, 2021

In this post, we explore DFM Marketplaces as an important tool in every digital freight brokerage’s operations. This is due to the fact that in-network carriers are less of a wild card: they have a proven track record of success, and their pricing is often within an acceptable range. Let’s look at the vertical leaders. ,

Negotiating Skills 78

Negotiating Skills Price Reduction Expense Reduction Cost Reduction 78

Parade

FEBRUARY 8, 2021

In this post, we explore DFM Marketplaces as an important tool in every digital freight brokerage’s operations. This is due to the fact that in-network carriers are less of a wild card: they have a proven track record of success, and their pricing is often within an acceptable range. Let’s look at the vertical leaders. ,

Negotiating Skills 78

Negotiating Skills Price Reduction Expense Reduction Cost Reduction 78

Conger

DECEMBER 13, 2022

Reliable suppliers with quality supply practices achieve better operational performance in quality, flexibility, reliability, cost, and design. Although there can be a temptation to "chase" the best prices to far-flung places, a local/domestic supplier is a great choice to reduce lead times. Reduce costs. WMS) keep up?

Manufacturing Procurement 52

Manufacturing Procurement Inventory Reduction Vendor Strategies Waste Reduction 52

GlobalTranz

FEBRUARY 17, 2016

This is the second part of my series on various ways to reduce overall costs as it relates to logistics and warehouse cost reductions. In the first part I put forth 6 areas of focus in order to reduce logistics costs. Today, I will now address how a focus on inventory will allow for warehouse cost reductions as well.

Inventory Reduction 65

Inventory Reduction Cost Reduction Waste Reduction Vendor Strategies 65

Freightera

OCTOBER 23, 2023

Recently, we’ve had an unfortunate case where failing to disclose that their shipment was hazardous cost one of our clients thousands of dollars and urged us to write this cautionary piece. Compliance is non-negotiable Regulations around hazmat shipments are stringent. And for a good reason.

Freight 41

Freight Negotiating Skills Compliance Handling 41

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

WorkWave

AUGUST 8, 2022

Cost of Living. The cost of living in each state is bound to be different. So if your job pays the same in California as it does in Texas, but it costs more to live in California than in Texas, then you’re not going to be able to live as well in California as you could in Texas. Hence, you can negotiate for higher pay.

Negotiating Skills 52

Negotiating Skills Optimization Software Buyer Training Cost Reduction 52

Logistics Bureau

OCTOBER 20, 2021

Perfect order results can help you assess performance and diagnose issues impacting service, costs, and overall supply chain effectiveness. As an example of how illuminating the perfect order KPI can be, let’s look briefly at damage-free delivery as an example. Calculating the Perfect Order. x 0.96 = 0.8661.

Supply Chain Design Software 96

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 96

The Logistics Academy

FEBRUARY 13, 2017

For example, as online sales reach a record high, B2C service provider Jet.com uses some creative logistics concepts to bring value to customers. Another trend is learning how to deal with the avalanche of data that supply chain managers have at their fingertips. We have different tools to incorporate these trends in our program.

Supply Chain Design Software 40

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

Shipping and Freight Resource

FEBRUARY 4, 2020

Digital Transformation is a strategic transformation of the business processes and models to leverage the opportunities created by the digital technologies which can result in improved customer service and value additions to the business. Some examples and benefits of digitalisation in shipping are. How to avoid these pitfalls.

Supply Chain Planning Software 98

Supply Chain Planning Software Freight Supply Chain Design Software Modeling Software 98

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

Automotive Logistics

FEBRUARY 8, 2019

We are small and it’s very difficult to negotiate with the large shipping lines. They are making alliances, becoming stronger, and we are weak during the negotiations. Outside Brazil, in Europe for example, our business is very seasonal. IT plays a strategic role in this environment. So this is a cost-driven supply chain.

Supply Chain Planning Software 28

Supply Chain Planning Software Negotiating Skills Supply Chain Software Modeling Software 28

Material Handling and Logistics

AUGUST 10, 2018

Though individual items often don’t amount to a huge expense, your total indirect spend and associated costs likely constitute a significant portion of your overhead expenses. Many facilities try to trim their indirect spend by negotiating lower prices on a few of their most expensive items. Too Little. Too Costly.

Negotiate Pricing 90

Negotiate Pricing Negotiating Skills Purchasing Skills Procurement Solutions 90

Trinity Logistics

NOVEMBER 17, 2021

Over the last 18 months, the trucking industry has faced uneven supply and demand, congested ports, rising costs, a global pandemic, labor shortages, and a boom in online consumer spending. Half of those surveyed reported receiving detention pay only if negotiated in advance. HOW TO MINIMIZE DETENTION AND DOCK DELAYS.

Supply Chain Planning Software 87

Supply Chain Planning Software Cost Reduction Supply Chain Software Inventory Reduction 87

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

Parade

MAY 15, 2019

For example, they might be relying on verbal confirmation from a carrier who expressed interest in a specific opportunity. If no data exists in the TMS, use a separate tool of their choice such as; spreadsheets, notebooks, and sticky notes. negotiate) If yes, the freight load is booked. If yes, quote and book them (next step).

Negotiating Skills 60

Negotiating Skills Freight How To After-sales 60

Automotive Logistics

OCTOBER 31, 2018

The urgent question is how to attract new people and retain them, and one of the main focuses for the ECG currently is on how to improve working conditions as a means to do so. “It Safety and skills. Drivers also need to be more secure in their daily practice. Equipment-makers Kassbohrer, Lohr and Rolfo are also represented.

Negotiating Skills 31

Negotiating Skills Purchasing Skills Logistics Network Optimization Software Groups 31

Logistics Viewpoints

JANUARY 23, 2023

And because of this, it is important to understand how to work with the cultural differences, make changes and leverage the nuances when working with different organizations.” How people are penalized if they fail, along with their incentives, and this drives behavior.” We used Excel as a feedstock balancing tool for ethane crackers.”

Supply Chain Design Software 17

Supply Chain Design Software Supply Chain Planning Software Modeling Software Optimization Software 17

Automotive Logistics

JANUARY 18, 2019

Barcode scanning is highly cost-effective and as pervasive within the North American automotive supply chain as elsewhere. With RFID, you receive the automated scanning and a barcode, along with readable instruction, for a very low cost. RFID prices have come down as the technologies have vastly improved.”.

Supply Chain Design Software 28

Supply Chain Design Software Optimization Software Supply Chain Software Logistics Network Optimization Software 28

EazyStock

MARCH 1, 2023

Suppliers use MOQs as they are more cost-effective and increase sales margins. Suppliers with high MOQs could see you increase your average inventory levels, which consequentially increases holding costs. Additionally, buying in bulk usually comes with a lower unit cost, bringing cost savings.

Ordering 52

Ordering Purchasing Skills Inventory Reduction Procurement Solutions 52

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. The port of Long Beach has since adopted it and the tool is available to other ports, according to Nagle. Trucking a vehicle over 2,000 miles can also result in elevated damage costs.

Supply Chain Planning Software 39

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

Logistics Bureau

NOVEMBER 20, 2023

This planning process relied heavily on the planner’s geographic knowledge , which I gained slowly through experience, and the only aids I had were A-Z map books of the areas within the DC’s delivery region. We’ll fast forward again now, and look at how route optimisation works today, some 20 years on from Simon’s time as a route planner.

Presentation 79

Presentation Optimization Software Logistics Network Optimization Software Optimal Sourcing 79

GlobalTranz

MAY 6, 2015

One reason may be that they haven’t made the paradigm shift as to how to implement lean. Any and all members of the lean supply chain should use these tools to solve problems and reduce costs to increase value to the customer. Focus on Total Cost of Fulfillment. Reduction in “Total Cost” of the entire supply chain.

Supply Chain Planning Software 127

Supply Chain Planning Software Waste Reduction Inventory Reduction Supply Chain Software 127

GlobalTranz

NOVEMBER 1, 2016

Chuck is a legend in our industry and is helping us figure out how to deal with product quality issues when dealing with international suppliers. How much money do you lose on each product shipment due to customer returns ? . How much time do you waste fixing defective goods to make them ready for distribution? Conclusion : .

Production 87

Production Manufacturing Procurement Optimal Sourcing Purchasing Skills 87

GlobalTranz

JANUARY 23, 2019

For example, Brexit and uncertainty regarding tariffs will contribute to more negotiations and instability. How To Determine Freight Class: Density Calculator & Printable Resource. Fortunately, Cerasis has the tools and resources to help shippers leverage the latest freight management trends in their operation.

Resource Reduction 83

Resource Reduction Trends Expense Reduction Cost Reduction 83

Logistics Bureau

APRIL 25, 2022

What are the essential skills you need to possess or develop if you want to become one of tomorrow’s supply chain leaders? In any case, an excellent place to start is by knowing what the most vital supply chain leaders’ skills are and, of course, why you need them. Information Technology and Automation Knowledge.

Negotiating Skills 105

Negotiating Skills Buyer Training Supply Chain Planning Software Supply Chain Design Software 105