article thumbnail

Controlling Supply Chain Cost for Sustainable Growth

Blue Grace Logistics

Controlling Supply Chain Cost for Sustainable Growth Search Search BlueGrace Logistics - March 26, 2024 In modern business, controlling supply chain costs is paramount for sustaining profitability and competitiveness. This helps in reducing supply chain costs associated with stockouts and overstocking.

article thumbnail

10 Tips Shippers Can Use to Reduce Costs in LTL Procurement with Better Request for Pricing Bidding

GlobalTranz

We've negotiated rates with all the major carriers and maintained them. So we thought we would impart upon all the shippers out there some tips on how to reduce overall costs for effective LTL Procurement. 10 LTL Procurement Cost Cutting Tips. Analyze bids for optimal pricing and service scenarios.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

This Week in Logistics News (May 20 – 26)

Logistics Viewpoints

The trouble today is finding authentic pairs which also do not cost an arm and a leg. This resulted in meaningful cost savings for our last mile delivery program overall,” he added. I believe we are on the doorstep of a tentative agreement,” Gene Seroka, executive director for the Port of LA, said during a webinar on Thursday.

article thumbnail

What are the Characteristics That Make up Parcel Pricing?

GlobalTranz

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.

article thumbnail

Finalizing Your 2021 Transportation Budget – The New Normal

Blue Grace Logistics

The need for more incredible speed and cost control spans across all industries, therefore making it a challenging task to achieve a perfect budget for 2021. Finalizing Your 2021 Freight Budget Webinar October 21. At BlueGrace , we are addressing the need for a more strategic approach to freight budgeting in 2021 through a webinar.

article thumbnail

8 Essential Steps to Selecting a TMS Solution and How to Get Started?

GlobalTranz

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. However, the nature of a TMS is built to keep bargaining chips in the hands of each partner.

article thumbnail

The Top 10 Features of Effective Supply Chain Managers

GlobalTranz

One of the main responsibilities of this manager is to minimize the cost and maximize the effects of the company’s supply chain. Impressive Communication Skills. They have to possess the skill of articulating complex concepts in a way an outsider or a worker on a lower level can understand. Writing Skills. Tech Skills.