Logistics Viewpoints

MAY 25, 2023

But I’d like AI more to a magic trick, so allow me to direct your attention to the technology behind the curtain to highlight both its risks and its rewards and to share the essential leadership skills AI cannot provide. Any human with a browser can produce this result, since it requires no sophisticated coding skills or knowledge.

Supply Chain Planning Software 140

Supply Chain Planning Software Supply Chain Software Supply Chains Negotiating Skills 140

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. Here are six you should try: .

Cost Reduction 52

Cost Reduction Price Reduction Inventory Reduction Negotiating Skills 52

CLX Logistics

JUNE 27, 2023

Understanding how a provider can alleviate and eliminate rail transportation issues is vital for ensuring efficient rail freight operations, cost-saving opportunities, and relieving your business from avoidable stressors, hiccups, and pitfalls.

Optimal Sourcing 52

Optimal Sourcing Negotiating Skills Optimization Software Logistics Network Optimization Software 52

FreightWaves SONAR

APRIL 25, 2023

When operating minibids or short-term RFPs, or when pricing individual loads, it is important to understand the directional movement of freight trends in order to be proactive in your pricing strategy. Careful planning, negotiation and execution are key to securing capacity and optimizing supply chain operations.

Negotiating Skills 52

Negotiating Skills Price Reduction Supply Chain Planning Software Outbound 52

Trinity Logistics

AUGUST 31, 2022

A TMS is an excellent investment and according to Logistics Management Magazine, has been shown to reduce transportation costs by up to 30 percent. Freight Accruals Cost Allocation Carrier Scorecard Least Cost Carriers Power Lanes. Freight accruals can give you insight to your transportation costs in your logistics analytics.

Cost Reduction 79

Cost Reduction Negotiating Skills Expense Reduction Logistics Network Optimization Software 79

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 Viewpoints

JANUARY 11, 2021

The big spend categories that are the focus for negotiations are contingent/professional labor and IT Hardware/Software & Cloud/Data Center services. NTT DATA is looking to work with fewer, more strategic partners. The SAP Ariba solution gathers historical data that aids in the negotiations. We found gaps,” Mr. Tramel said.

SAP 104

SAP Optimal Sourcing Negotiate Pricing Negotiating Skills 104

Blue Grace Logistics

SEPTEMBER 28, 2021

The opportunity cost of choosing the wrong mode of transportation. All things considered, 78% of shippers were concerned with reducing shipping costs in general. Using proprietary technology and analytics, businesses can understand the opportunity cost of every transportation decision placed in front of them.

Negotiating Skills 110

Negotiating Skills Cost Reduction Supply Chain Planning Software Capacity 110

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. It is also likely that the price of fuel will inform operational decisions. There is every possibility that the options available to the ocean carriers will be minimal.

Negotiating Skills 52

Negotiating Skills Cost Reduction Price Reduction Capacity 52

Logistics Viewpoints

JANUARY 11, 2021

The big spend categories that are the focus for negotiations are contingent/professional labor and IT Hardware/Software & Cloud/Data Center services. NTT DATA is looking to work with fewer, more strategic partners. The SAP Ariba solution gathers historical data that aids in the negotiations. We found gaps,” Mr. Tramel said.

SAP 82

SAP Optimal Sourcing Negotiate Pricing Negotiating Skills 82

Conger

APRIL 1, 2024

By carefully planning and scheduling maintenance before issues arise, businesses can avoid interruptions and reduce costs associated with emergency repairs and downtime. Examples include cleaning and lubricating the moving parts or replacing parts before they wear out. Let’s dive in!

Material Savings 82

Material Savings Expense Reduction Resource Reduction Cost Reduction 82

Logistics Viewpoints

FEBRUARY 26, 2024

Cooper successfully coped with the crisis, but the high costs they had to pay for critical supplies and the late nights searching for those supplies convinced the organization that there had to be a better way. But there was a cost to this. They’re valued, yes, but not strategic. Then the risk solution fills in the gaps.

Supply Chain Planning Software 149

Supply Chain Planning Software Supply Chain Software Supply Chains Scenario Planning 149

Logistics Viewpoints

JULY 19, 2021

A ton of steel can cost as little as $700. A pound of apples costs about the same as a pound of steel, yet steel is a complex product produced using high-tech metallurgical and manufacturing processes. The goal is to produce an integrated plan that meets the strategic goals of the overall organization. What does that mean?

Supply Chain Planning Software 158

Supply Chain Planning Software Scenario Planning Negotiating Skills Logistics Network Optimization Software 158

Logistics Bureau

NOVEMBER 16, 2020

For example, a member of the sales team could apply to become a purchasing agent, based on her experience of negotiating sales deals. In a nutshell, the pandemic has increased the importance of supply chain, posited it as a ‘cool’ career choice, and strengthened the need for job seekers to improve their supply chain skill sets.

Supply Chain Planning Software 115

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

FreightWaves SONAR

JANUARY 13, 2023

Not all data is created equal, however, and many of the tools and processes that provided “cutting-edge” advantages several years ago have fallen behind the curve. . Freight pricing is largely determined by the balance of supply and demand. Companies can leverage this data when negotiating long- and short-term pricing with carriers.

Negotiating Skills 52

Negotiating Skills Data Freight Price Reduction 52

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

CLX Logistics

APRIL 26, 2019

The year 2018 was challenging for shippers in all industries, including chemical, due to capacity constraints in the marketplace that inflated costs. The convergence of high costs, limited capacity, emphasis on timely delivery and demand for greater supply chain visibility, made it a problematic year for shippers and carriers alike.

Optimal Sourcing 46

Optimal Sourcing Negotiating Skills Procurement Cost Reduction 46

EazyStock

MARCH 14, 2023

Rapid cost increases, interest rate hikes and reduced demand require more effective inventory management and forecasting attention. Eliminate unnecessary inventory costs and reduce inventory values All companies have different conditions (and challenges), and there’s no one-size-fits-all solution.

Inventory Reduction 52

Inventory Reduction Price Reduction Cost Reduction Waste Reduction 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

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

WorkWave

FEBRUARY 13, 2024

These services can be cost-effective and scalable, but they may lack personalization for customers. Crafting Your Job Description Your job description should clearly outline the specific skills and experience required for the role. Begin by identifying your must-have skills and qualifications.

Negotiating Skills 52

Negotiating Skills Buyer Training How To Document 52

Trinity Logistics

AUGUST 4, 2020

By better managing, using, and analyzing your data, an organization can reduce costs, improve margins, generate revenue, and make smarter business decisions. Each partner can better plan for their part, having the potential to reduce expensive production costs, limit excessive accessorial charges, and improve customer service.

Supply Chain Planning Software 64

Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software Supply Chains 64

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

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

Logistics Bureau

JULY 10, 2023

For example, you can ask your provider to assess your current processes, identify areas for improvement, and implement streamlined solutions to enhance overall efficiency. They typically operate warehouses and distribution centres located strategically.

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

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

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. Presently, their major focus lies on local production, warehousing and strategic sourcing. Oil price fluctuations. How do businesses enable strategic sourcing?

Optimal Sourcing 52

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

Logistics Bureau

JANUARY 1, 2018

It costs money to put solid AI and lights-out solutions in place. The following are examples. Tools in the AI Toolbox. We can put AI tools into three categories. Tools to make smart decisions. A key example is the expert system. A key example is the expert system. Tools to act like humans.

Supply Chain Planning Software 64

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

Freight Center

DECEMBER 4, 2018

When shipping items under 70 lbs, parcel shipping is typically the most cost-effective shipping method. To take advantage of FreightCenter’s negotiated rates and see how much it will cost to send your shipment, use our easy freight quote tool to compare rates now. Understanding Weight Density and Shipping Costs.

Negotiating Skills 62

Negotiating Skills Freight Examples Availability 62

Freight Center

DECEMBER 4, 2018

When shipping items under 70 lbs, parcel shipping is typically the most cost-effective shipping method. To take advantage of FreightCenter’s negotiated rates and see how much it will cost to send your shipment, use our easy freight quote tool to compare rates now. Understanding Weight Density and Shipping Costs.

Negotiating Skills 62

Negotiating Skills Freight Examples Availability 62

EazyStock

MAY 28, 2019

EazyStock is one of the automation tools I see provide high value to my customers. 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! As this month’s Automation Hero, you know how automation can benefit a business.

Automation 49

Automation Negotiating Skills Modeling Software Procurement Solutions 49