MTS Logistics

MAY 27, 2022

Last year was marked with capacity issues and high prices, but today, freight prices have decreased, while capacity has increased. For example, recently Target was forced to write down the value of excess inventory that’s stuck in warehouses. West Coast ports and dockworkers are negotiating a new labor contract.

Global logistics 84

Global logistics Analysis Negotiate Pricing Negotiating Skills 84

Logistics Viewpoints

FEBRUARY 17, 2023

hope to slash shipping costs and save millions of dollars when they sit down later this month to negotiate long-term contracts with ocean carriers following last year’s surge in rates. Some companies expect to cut ocean-freight rates by half or more, which in turn could allow retailers to slow or stop price increases for goods.

Supply Chain Planning Software 121

Supply Chain Planning Software Logistics Network Optimization Software Cost Reduction Waste Reduction 121

Dedola Global Logistics

DECEMBER 16, 2019

For instance, things like fuel prices, hourly wages for employees, and materials are some hard costs. Soft costs are usually time-consuming tasks such as planning, tracking shipments, gathering documents, handling disputes, and handling communication with your freight forwarder and over-seas suppliers.

Cost Reduction 98

Cost Reduction Negotiating Skills Material Savings Resource Reduction 98

FreightWaves SONAR

JUNE 1, 2021

Maybe that’s not exactly true – there are also issues related to the semiconductor shortage, such as record used vehicle prices, consumers buying early in order to get their desired vehicles, and vows to ditch just-in-time inventory management. Plus, it allows shippers to see how their rates compare to the market.

White Paper 52

White Paper Negotiate Pricing Negotiating Skills Data 52

Ship Monk

DECEMBER 5, 2022

Could there be hidden costs you’re not accounting for in your pricing strategy? If your ecommerce business imports and/or exports products, landed costs affect the price you pay for imported goods, as well as the costs to ship those goods to your domestic or international customers. List price: $95. List price: $95.

Negotiating Skills 52

Negotiating Skills Purchasing Skills Cost Reduction eCommerce 52

Logistics Bureau

SEPTEMBER 4, 2023

Process Performance What if the problem isn’t connected to products, customers, or pricing but lies instead with process performance? Supply/Inventory Management Inventory management problems and supplier relationship issues , too, can creep in over time and eat away at your profit margins.

Negotiating Skills 89

Negotiating Skills Purchasing Skills Cost Reduction Analysis 89

EazyStock

MARCH 14, 2023

The distributors who gained a significant strategic advantage over their competitors had a laser focus on profitability during the downturn, a strong emphasis on margin management through disciplined pricing and category management, careful control of costs, and finally, the willingness to invest in priority growth opportunities.

Inventory Reduction 52

Inventory Reduction Price Reduction Cost Reduction Waste Reduction 52

Logistics Bureau

NOVEMBER 14, 2018

It does not matter whether you are a procurement professional, internal customer, external customer, senior executive, or supplier. Practice integrity, avoid conflicts of interest and personal enrichment, treat suppliers equally and fairly, and comply with legal and other obligations. Directly or indirectly, you are affected.

Procurement Analytics 75

Procurement Analytics Optimal Sourcing Procurement Solutions Procurement 75

EazyStock

FEBRUARY 17, 2021

Managing variable supplier lead times. For example, you may want to carry more items that consistently sell well and are cheap to stock, versus those that are expensive with intermittent demand. As time passes, this can become obsolete and may need to be sold at heavily discounted prices or even written off as a bad investment.

Inventory Reduction 75

Inventory Reduction Material Savings Price Reduction Cost Reduction 75

SYSPRO Smarter ERP

NOVEMBER 30, 2021

Reliance on too few primary suppliers for critical components and materials has compounded the problem even further with unexpected ripple effects on downstream manufacturing as evidenced by the still ongoing global computer chip shortages. Manufacturers know that good supplier relationships are critical. Managing Inventory.

Supply Chain Planning Software 105

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

Logistics at MPEPS at UPV

MARCH 9, 2020

This franchise is located in the different countries in South America by big automotive and Renting companies, which negotiate on a large scale with suppliers and vehicle dealers. The vehicles offered to the customers have not been working for more than 2 years, so they are constantly renewed.

Negotiate Pricing 52

Negotiate Pricing Negotiating Skills Logistics Network Optimization Software Workshop 52

Forto

AUGUST 3, 2020

When looking for trustworthy suppliers, you should take your time and seek support. Deal with the customs formalities – also to be able to calculate your sales prices exactly. Find Trustworthy Suppliers. Of course you can start by looking at the websites of the suppliers in question and find out who they already supply.

Negotiate Pricing 52

Negotiate Pricing Negotiating Skills After-sales Examples 52

GlobalTranz

SEPTEMBER 12, 2016

For example, transportation management often focuses on the journey of products after manufacturing. The answer is closely linked with how a company markets and contacts suppliers and vendors, reports Srikanth Pinagali. Ultimately, these raw materials must be obtained from suppliers and transported to the factory.

Manufacturing Procurement 101

Manufacturing Procurement Procurement Solutions Optimal Sourcing Procurement Analytics 101

Logistics Business Magazine

AUGUST 31, 2023

This allows you to turn your data into insights and action and surface the best opportunities by giving you visibility across different pricing options vs the best combination of lanes, modes of transport or other business requirements. Technology in the logistics sector has evolved to provide tailored solutions for these needs.

Optimal Sourcing 57

Optimal Sourcing Negotiating Skills Sourcing Strategies How To 57

Locus

DECEMBER 7, 2021

A prime example is how governments in the Middle East have begun to rethink food security targets after the disruptions to their food supply chains. Oil price fluctuations. Fluctuations in oil prices and oil supply disruptions are majorly caused by political events, supply pipeline issues or weather problems.

Optimal Sourcing 52

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

Dedola Global Logistics

DECEMBER 16, 2019

For instance, things like fuel prices, hourly wages for employees, and materials are some hard costs. Soft costs are usually time-consuming tasks such as planning, tracking shipments, gathering documents, handling disputes, and handling communication with your freight forwarder and over-seas suppliers. The Dedola Difference.

Cost Reduction 52

Cost Reduction Negotiating Skills Material Savings Resource Reduction 52

FreightWaves SONAR

FEBRUARY 17, 2021

Without high levels of visibility into suppliers and sub-suppliers, companies increase their exposure to supply chain risks and become less resilient.” For example, any redundant process needs current data, which provides shippers with several benefits. This makes clear that shippers need access to near-real-time data.

Supply Chain Planning Software 98

Supply Chain Planning Software Data Negotiating Skills Negotiate Pricing 98

Logistics at MPEPS at UPV

MARCH 31, 2019

In the phase before the products reach the store, IKEA distribution service makes sure all goods are transported from suppliers to stores. For example, imagine when someone selects a piece of furniture to buy. Sustainable Relationships with Suppliers. IKEA was founded in 1943, in Sweden.

Price Reduction 40

Price Reduction Cost Reduction Material Savings Negotiate Pricing 40

Transporeon

JANUARY 25, 2018

In the case of an Amway multivitamin, for example, the company controls the process “from seed to supplement,” transporting raw materials to manufacturing sites in the U.S., Faster bid process with full control over negotiation Managing the bid process with Ticontract also saved a valuable amount of time. “We

Negotiating Skills 48

Negotiating Skills Manufacturing Procurement Cost Reduction Supply Chain Planning Software 48

Logistics Viewpoints

MAY 6, 2022

While all of this technology sounds pretty amazing, it should be said that this type of performance comes with a price tag. McCormick’s diverse supplier network helps shield it from Ukraine impacts. The Czinger 21C costs $1.7 million, not including any add-ons. And now on to this week’s logistics news.

Manufacturing Procurement 132

Manufacturing Procurement Logistics Network Optimization Software Supply Chain Planning Software Negotiating Skills 132

SYSPRO Smarter ERP

OCTOBER 11, 2021

Each day these manufacturers manage complex supply chains , carry out highly precise production, and must negotiate a raft of regulations. For example, the manufacturing of pharmaceuticals vs. processing liquid waste in the mining industry. Types of process manufacturing. Process manufacturing is not the same for all industries.

Manufacturing Procurement 119

Manufacturing Procurement ERP Supply Chain Planning Software Purchasing Skills 119

Logistics Business Magazine

SEPTEMBER 26, 2019

Thus the partnership is not only a milestone for the expansion of the international business of the two cooperations; it also places LogCoop in a better position when it comes to price negotiations with suppliers and service providers. Thanks to this cooperation, we have succeeded in closing a large gap.

Negotiating Skills 33

Negotiating Skills Negotiate Pricing Networks Purchasing Skills 33

3PL Links

MAY 11, 2023

This is because it plays a crucial role in keeping a firm running by ensuring the essential inputs, locating suppliers, negotiating better rates and terms, and managing the entire process. In a nutshell, the failures are caused by the fact that suppliers do not always have security management, allowing gaps in the system.

Sourcing Strategies 62

Sourcing Strategies Supply Chain Software Supply Chains Optimal Sourcing 62

EazyStock

MAY 28, 2019

Today, Amex Auto Spares’ local procurement staff spend considerably more time negotiating best pricing with suppliers rather than trying to figure out what to buy! For example, using Excel to manually calculate buffer stock levels and re-order quantities. How do tasks change when you implement automation solutions?

Automation 49

Automation Negotiating Skills Modeling Software Procurement Solutions 49

Talking Logistics

JULY 5, 2018

Here are a few examples of factors that can influence your strategy. Discuss with your strategic suppliers what is most attractive to them. For example, ask your asset carriers what lanes they need and how much volume to increase their yield. Find the right mix of asset providers. Most of the time, yes — one 3PL is ideal.

Price Reduction 60

Price Reduction Expense Reduction Waste Reduction Cost Reduction 60

247 Customs Broker

MARCH 26, 2018

Our rates are going up and the carriers are completely unwilling to negotiate with us—where did we go wrong?”. First, the typical procurement-driven sourcing event views transportation as a commodity and thus, is oriented toward getting the lowest price. In this market, your carriers know that they don’t have to “negotiate” with you.

Optimal Sourcing 28

Optimal Sourcing Sourcing Strategies Negotiating Skills Negotiate Pricing 28

Logistics Bureau

NOVEMBER 4, 2019

This speculative post explores the difference between B2B and B2C freight pricing. Should they offer tiered freight-price options like those enjoyed by consumers, and what stops them from doing so? Tiered Freight Pricing in B2C Markets. Pricing calculations can be based on: Distance traveled. Trucking lanes used.

Purchasing Skills 48

Purchasing Skills Negotiating Skills Negotiate Pricing Freight 48

Material Handling and Logistics

MAY 22, 2018

Imagine if a key supplier or manufacturing site is located in a new high-cost zone or, worse, no longer has access to certain markets. When companies set out to cut procurement costs, they typically focus on two areas of savings that procurement offices control directly: price negotiation and supplier selection.

Supply Chain Design Software 60

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 60

10xLogistics

FEBRUARY 22, 2013

I wrote back in January, embedded in another article about why people should do "should cost" modeling prior to negotiating rates. Here are the basics: Break down your suppliers costs into the big driving buckets. This does not mean you are trying to ensure the supplier does not make a profit.

Negotiating Skills 54

Negotiating Skills Cost Reduction Modeling Negotiate Pricing 54

EazyStock

MAY 28, 2019

Today, Amex Auto Spares’ local procurement staff spend considerably more time negotiating the best pricing with suppliers rather than trying to figure out what to buy! For example, using Excel to manually calculate buffer stock levels and re-order quantities. How do tasks change when you implement automation solutions?

Automation 40

Automation Negotiating Skills Modeling Software Procurement Solutions 40

ShipLilly

FEBRUARY 5, 2020

What prices reveal. The problem lies with the prices. The problem again is that prices don’t support the oppinion that there is enough fuel for everyone. At that point, the remaining bunker buyers won’t be able to find fuel, sending prices even higher. Price spread between low-and high-sulfur fuels.

Negotiate Pricing 52

Negotiate Pricing Negotiating Skills Buyer Training Compliance 52

GlobalTranz

AUGUST 18, 2016

Modern distribution technology has significantly changed how suppliers get their products to end-users, and consumers are driving changes in how Distributors use technology to better their business processes. Value-Added Services and TMS Capabilities Are Critical Points in Contract Negotiation.

Supply Chain Planning Software 60

Supply Chain Planning Software Optimization Software Supply Chain Software Logistics Network Optimization Software 60

247 Customs Broker

JUNE 13, 2018

Titled, “Rough seas ahead for procurement,” the paper notes that traditional business models of many industries are being disrupted by technological innovation, putting a cap on the ability to pass price increases on to consumers.

Manufacturing Procurement 28

Manufacturing Procurement Optimal Sourcing Procurement Purchasing Skills 28

Logistics Business Magazine

OCTOBER 15, 2018

We will consistently work to offer finance facilities that reflect the needs of both end users and suppliers – and that means being innovative. Some of the shock is being priced in. In some ways, the past couple of months have been a return of 2016 in the lead up to the UK referendum,” says Investec’s Jonathan Pryor.

Negotiating Skills 31

Negotiating Skills Negotiate Pricing Materials Handling How To 31

Conger

JULY 28, 2022

Plenty of examples of warehousing. Lower freight costs since these warehouses often negotiate favorable rates with freight companies based on their volume of clients and order throughput. Perhaps the most prominent fulfillment center example is Amazon’s fulfillment centers. For example, take Co-op Partners Warehouse in St.

Examples 52

Examples Definition Supply Chain Design Software Supply Chain Software 52

Automotive Logistics

JULY 30, 2018

Select all that apply) * it may damage relations between the US, Canada and Mexico it may hurt the US/Mexican/Canadian economy it may cost jobs it may increase prices it may disrupt supply chains the uncertainty is bad for business 4) Which would be the best option? an OEM a tier supplier a LSP other Which country are you based in?

Survey 28

Survey Negotiate Pricing Negotiating Skills Waste Reduction 28

Logistics Bureau

JANUARY 1, 2018

The following are examples. Supplier unreliability. A key example is the expert system. Image processing is an example. Price pressure and the need to make profits have left many supply chain organisations in a tight corner. One example is supplier performance evaluation. Hard to plan for demand.

Supply Chain Planning Software 64

Supply Chain Planning Software Supply Chain Software Supply Chains Modeling Software 64