Parade

FEBRUARY 8, 2021

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. million carriers, and it comes equipped with many extra features like market mapping, pricing suggestions for complex routes, payment protection, and DAT RateView.

Negotiating Skills 78

Negotiating Skills Price Reduction Expense Reduction Cost Reduction 78

Parade

FEBRUARY 8, 2021

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. million carriers, and it comes equipped with many extra features like market mapping, pricing suggestions for complex routes, payment protection, and DAT RateView.

Negotiating Skills 78

Negotiating Skills Price Reduction Expense Reduction Cost Reduction 78

Parade

FEBRUARY 8, 2021

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. million carriers, and it comes equipped with many extra features like market mapping, pricing suggestions for complex routes, payment protection, and DAT RateView.

Negotiating Skills 78

Negotiating Skills Price Reduction Expense Reduction Cost Reduction 78

GlobalTranz

JANUARY 4, 2017

In the below is a real world example of a consultant coming to a third party logistics company with the goal of choosing a warehouse and 3pl provider. And our client engages with 3PL by open book cost plus contracts and gain share and pain share incentive. Use Value Engineering : Reduce the Cost and retain the function of anything.

Negotiating Skills 77

Negotiating Skills Cost Reduction Scenario Planning Inventory Reduction 77

GlobalTranz

NOVEMBER 21, 2016

Cutting costs and maximizing value are hallmarks of an efficient transportation management system (TMS) solution. In fact, using a TMS solution decreases freight costs for more than 60 percent of companies surveyed, reports ARC Insights. You cannot improve what you do not understand, and the same applies to your current operations.

Negotiating Skills 79

Negotiating Skills Optimization Software Cost Reduction Price Reduction 79

GlobalTranz

AUGUST 21, 2015

You need to have someone to pick up your merchandise and get it to your customers without any additional hassle, difficulties, or negotiations of current prices. For example, the carrier may pay these costs at the time of border-crossing, and you can reimburse the carrier. Larger Network For Negotiations.

Negotiating Skills 94

Negotiating Skills Purchasing Skills Material Savings Manufacturing Procurement 94

Blue Grace Logistics

APRIL 24, 2023

By providing that level of cus­tomer support, 3PLs should be able to grow regardless of fluctuations in freight demand, Harris said, pointing to his own company as an example. As supply chain disruptions have abated and truck capacity has loosened, negotiating power in the freight market has shifted from carriers back to the shippers.

Supply Chain Software 62

Supply Chain Software Collaboration Supply Chains Inventory Reduction 62

GlobalTranz

MAY 26, 2017

Consumer actions are shaping how shippers and carriers interact, ranging from contract negotiation to exploring new technologies. With the rise of Amazon, consumers have also been able to access an endless product array at historic, record-low shipping costs. Better cost than your competitors. What Do Customers Really Want?

Cost Reduction 66

Cost Reduction Expense Reduction Material Savings Logistics Network Optimization Software 66

GlobalTranz

APRIL 5, 2016

However, the economy is on the mend, and the need for immediate cost savings and lean solutions is starting to take the backburner to how 3PL Logistics Companies could benefit shippers through long-term relationships. The needs of yesteryear-clients were quite simple: get costs under control quickly. They get lost or misplaced.

Negotiating Skills 55

Negotiating Skills Logistics Network Optimization Software 3PL Purchasing Skills 55

GlobalTranz

NOVEMBER 29, 2017

However, consolidating freight may require negotiations with carriers that shippers have not previously considered, so third-party logistics providers ( 3PLs ) tend to be the go-between for consolidating LTL shipments to FT. For example, the electronic logging device (ELD) mandate contains an exemption for short-haul shipments.

Capacity 69

Capacity Negotiating Skills Transportation Cost Reduction 69

GlobalTranz

SEPTEMBER 5, 2017

Parcel dimensional weight and pricing have become standard in the shipping industry. But, many shippers continue to fret over how dimensional pricing ( DIM Pricing ) will impact their bottom lines. However, DIM pricing is not a fad or something to fear if you know what it means and how to calculate it.

Packaging 61

Packaging Negotiating Skills Price Reduction Expense Reduction 61

GlobalTranz

DECEMBER 22, 2017

A transportation management system (TMS) can help with carrier selection, and it considers the cost of freight shipping when searching for available carriers. For example, a carrier may offer additional auditing services that reduce instances of double billing, overbilling or missed delivery guarantees.

Capacity 70

Capacity Logistics Network Optimization Software Cost Reduction Vendor Strategies 70

GlobalTranz

JUNE 17, 2016

In a sense, shippers have plenty of power at the start when placing orders for pick up, but carriers have the final say in what freight shipping costs. When shippers misrepresent freight, it risks much more than just the cost charged by the company. What’s the Problem When Shippers Misrepresent Freight?

Negotiating Skills 54

Negotiating Skills Freight Cost Reduction Price Reduction 54

GlobalTranz

JULY 25, 2016

It serves to keep a balance between reasonable prices and profit margins. It keeps companies from hiking their prices on consumers, and it encourages businesses to produce better products and meet customers’ expectations. They want it today, and they want shipping costs to be ZERO. Competition. It is the ultimate in business.

Price Reduction 51

Price Reduction Negotiating Skills Cost Reduction Expense Reduction 51

GlobalTranz

FEBRUARY 3, 2016

To add insult to injury, as manufacturers, right now must do all they can to have efficient logistics processes in order to reduce overall costs. Thousands of articles have been written on the driver shortage , increasing fuel prices, and growing concerns over government regulations. Where and Why Is the Logistics Industry Growing?

Cost Reduction 54

Cost Reduction Price Reduction Waste Reduction Material Savings 54

GlobalTranz

OCTOBER 27, 2017

RT Custer, the owner and co-founder of Vortic Watch Company , describes the challenge of managing his supply chain this way: “To keep my cost of goods at a manageable level, I need to order hundreds of parts. Here are a few short- and long-term solutions you might consider: Negotiate terms with your suppliers. Look into factoring.

Supply Chain Planning Software 72

Supply Chain Planning Software Supply Chain Software Supply Chains Material Savings 72

GlobalTranz

JULY 20, 2015

Thus, reverse logistics management has developed into a discipline that produces cost reductions, adds efficiencies and improves the consumer experience. Measures such as amount of product to be reclaimed and resold as is, or percentage of material recycled, are examples of such metrics. Increased velocity.

Reverse logistics 105

Reverse logistics Supply Chain Planning Software Optimization Software Modeling Software 105

GlobalTranz

DECEMBER 5, 2014

As we said in our freight claims series, knowledge is power in avoiding errors that may drive up your transportation costs unnecessarily. With this knowledge no carrier would dare challenge since correctly applying the information from the NMFTA is the best practice when choosing freight classification.

Freight 97

Freight Negotiating Skills Expense Reduction Cost Reduction 97

GlobalTranz

AUGUST 18, 2016

Value-Added Services and TMS Capabilities Are Critical Points in Contract Negotiation. As a result, carriers and suppliers are focusing on how value-added services, such as auditing, small package processing and delivery, and freight optimization, can reduce overall costs and shipping duration.

Supply Chain Planning Software 60

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

GlobalTranz

JULY 28, 2015

However, the overall cost of shipping through LTL modes will increase between three and four percent in the next few years. LTL Cost Increase From the Driver Perspective. For example, a business may order a specific number of items, which would be too minute to warrant transport via rail or traditional truckload.

Purchasing Skills 97

Purchasing Skills Manufacturing Procurement Negotiating Skills Cost Reduction 97

GlobalTranz

APRIL 8, 2015

The transportation management system, or often referred to as TMS, is a great example of how this technology is being used to create a more interconnected space both digitally and physically. Cost Structure. One of those areas would be cost structure. An example might be a retailer who is managing inbound transportatio n.

Logistics Network Optimization Software 90

Logistics Network Optimization Software Modeling Software Optimization Software Expense Reduction 90

GlobalTranz

JANUARY 28, 2015

The latest industry-pricing trend, dimensional weight pricing, or often referred as “DIM Pricing,” calls for LTL freight cost calculations using pounds per cubic foot of space occupied on the truck. Both UPS and FedEx recently announced dimension-weight pricing plans for parcel/small packages effective Dec.

Negotiating Skills 97

Negotiating Skills Price Reduction Cost Reduction Waste Reduction 97

GlobalTranz

MARCH 23, 2017

For example, an act of terrorism may not necessarily qualify shipments for an exclusion. For example, today’s expensive products may cost more than the Carmack Amendment allows within its limits of liability. Yet, the burden to prove these actions can be difficult. 3PLs Handle Bills of Lading.

3PL 49

3PL Freight Negotiating Skills Purchasing Skills 49

GlobalTranz

APRIL 8, 2016

Today we feature a guest blog from Fronetics Strategic Advisors , a digital marketing agency, who specializes in the logistics and supply chain industries. You don’t have a strategy. And that number rises to 86% when the company designates someone to lead the strategy. Here are the top 10 reasons no one is reading your content.

Logistics Network Optimization Software 51

Logistics Network Optimization Software Expense Reduction Supply Chain Design Software Supply Chain Planning Software 51

Blue Grace Logistics

JULY 24, 2018

Our Webinar discusses the typical LTL network and differentiates between less than truckload (LTL) and full truckload and the factors companies should consider when deciding which alternative is best for a particular shipment. Typically, it costs less than a full truckload, an obvious appeal to any shipper. . LTL vs. Full Truckload.

Optimal Sourcing 48

Optimal Sourcing Negotiating Skills Cost Reduction Supply Chain Design Software 48

Logistics Bureau

JULY 25, 2022

Supply challenges arising from the war will hit many industries, with electronics being a prime example, since Russia and Ukraine are both sources of materials such as palladium and neon , vital for the manufacture of semiconductors. Rapidly rising fuel prices will bring about even more widespread supply chain disruption.

Supply Chain Design Software 104

Supply Chain Design Software Supply Chain Design Supply Chains Scenario Planning 104

Blue Grace Logistics

APRIL 7, 2020

Given the importance of the subject, we hosted a webinar on the topic – From Chips to Dips in Service? Source: BlueGrace Logistics Webinar: From Chips to Dips in Service? For example wholesalers, retailers, e-commerce websites, also benefit in the form of more saleable goods to offer their customers.

Supply Chain Design 62

Supply Chain Design Supply Chains Negotiating Skills Negotiate Pricing 62

GlobalTranz

JULY 13, 2016

has a long-standing tradition of preventing businesses from creating a monopoly in the economy, but the big two parcel carrier options have managed to evade this inevitability by keeping pricing low and ensuring their partner businesses and customers are kept typing. Last-Mile Delivery May Be Outsourced to Another Carrier.

Negotiating Skills 48

Negotiating Skills Packaging Logistics Network Optimization Software Resource Reduction 48

GlobalTranz

AUGUST 25, 2016

Following up our announcement that we have negotiated lower cargo insurance costs and now offer a zero deductible for that cargo insurance, we thought we’d take a deeper look at freight insurance (also known as cargo insurance). Specifically, what is cargo insurance, and should shippers even request it.

Cargo 49

Cargo Negotiating Skills Buyer Training Cost Reduction 49

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

GlobalTranz

FEBRUARY 13, 2015

When you are looking to choose a carrier when it is time to ship your freight, it might seem obvious to go with the carrier that provides you with the lowest “sticker price.” After all, the fees paid to carriers, which are most of your transportation costs, can comprise up to more than 5% of your cost of total sales.

Negotiating Skills 98

Negotiating Skills Cost Reduction Price Reduction Resource Reduction 98

Freightos

MARCH 27, 2024

It’s a challenge because it can be addressed by diverting away from the Suez Canal and utilizing more vessels sailing at faster speeds to effectively keep containers moving, even if these will mean longer lead times and higher costs while diversions persist. You can read the report and see our short webinar on the topic here.

Logistics Network Optimization Software 89

Logistics Network Optimization Software Modeling Software Optimization Software Negotiating Skills 89

GlobalTranz

MAY 26, 2015

Yet, many politicians, economic analysts, and skilled workers continue a call to arms to save the stereotypes of an archaic manufacturing industry. The manufacturing industry still relies on the skills of manufacturing workers, but these skill sets have changed to meet demands of the new era. Where Are the Workers?

Manufacturing Procurement 111

Manufacturing Procurement Negotiating Skills Industry Purchasing Skills 111