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

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. West Coast ports and dockworkers are negotiating a new labor contract. They also agreed demand spikes caused higher pricing. consumer demand despite increasing inflation. Let’s not forget U.S.

Global logistics 84

Global logistics Analysis Negotiate Pricing Negotiating Skills 84

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

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

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

EazyStock

FEBRUARY 17, 2021

They have well-executed inventory replenishment processes that ensure items are reordered in the right quantities and at the right time to meet actual customer demand. Managing variable supplier lead times. But striving for the cheapest unit price isn’t always the most cost-effective way to procure a product.

Inventory Reduction 75

Inventory Reduction Material Savings Price Reduction Cost Reduction 75

Material Handling and Logistics

SEPTEMBER 27, 2018

Carriers can house shipment information letting suppliers and customers know where their goods are and when to expect them to arrive at the next destination. Using technology, retailers can provide Amazon-like experiences by tracking shipments in real-time and alerting customers if orders will be delayed.

Supply Chain Software 161

Supply Chain Software Optimization Software Purchasing Skills Negotiating Skills 161

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. and automatically calculate optimised award scenarios.

Optimal Sourcing 54

Optimal Sourcing Negotiating Skills Sourcing Strategies How To 54

GlobalTranz

SEPTEMBER 12, 2016

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. Ultimately, the terms and conditions are laid out during contract negotiation.

Manufacturing Procurement 101

Manufacturing Procurement Procurement Solutions Optimal Sourcing Procurement Analytics 101

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

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

Log-hub

NOVEMBER 22, 2023

Efficient inventory management, layout organization, and operational strategies are key to meeting customer demands while minimizing costs and maximizing profits. 7 min read In the dynamic world of supply chain management, optimizing warehouse operations has become an indispensable factor for businesses.

Inventory Reduction 40

Inventory Reduction Analysis Material Savings Waste Reduction 40

Log-hub

NOVEMBER 22, 2023

Efficient inventory management, layout organization, and operational strategies are key to meeting customer demands while minimizing costs and maximizing profits. 7 min read In the dynamic world of supply chain management, optimizing warehouse operations has become an indispensable factor for businesses.

Inventory Reduction 40

Inventory Reduction Analysis Material Savings Waste Reduction 40

Log-hub

NOVEMBER 22, 2023

Efficient inventory management, layout organization, and operational strategies are key to meeting customer demands while minimizing costs and maximizing profits. Moreover, AI excels in preventing stockouts and overstocking, promotes supplier collaboration, and optimizes warehouse management.

Inventory Reduction 40

Inventory Reduction Analysis Material Savings Waste Reduction 40

EazyStock

NOVEMBER 19, 2020

Stock replenishment is an important aspect of inventory management, as it ensures the right stock items are being reordered to meet customer demand. A key responsibility of every stock replenishment team is to negotiate the best price for the items they reorder, so that the sell-on price can be as profitable as possible.

Replenishment 98

Replenishment Optimal Sourcing Inventory Reduction Supply Chain Planning Software 98

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 32

Negotiating Skills Negotiate Pricing Networks Purchasing Skills 32

ShipLilly

FEBRUARY 5, 2020

This mandate was adopted in October of 2016, providing refiners, stakeholders, and ship owners just over three years to begin implementing changes so that they meet the sulfur emissions cap for fuels, which was at 3.5%, but as of 2020, will be at 0.5%. What prices reveal. The problem lies with the prices. Low sulfur mandate.

Negotiate Pricing 52

Negotiate Pricing Negotiating Skills Buyer Training Compliance 52

Ship Monk

OCTOBER 4, 2023

large quantities of merchandise) from their manufacturers or suppliers directly to a warehouse or fulfillment center for storage and fulfillment services. Ocean cargo is priced by Full Container Load (FCL) or Less-than Container Load (LCL). FCL is also the best choice if you’re shipping hazardous goods or fragile goods.

Freight 64

Freight Negotiate Pricing Negotiating Skills Freight forwarding 64

CLX Logistics

SEPTEMBER 9, 2022

To meet these demands, shippers need the right supply chain management tools with the flexibility to grow and scale as needed. Here’s our list of the four essential supply chain management tools you need to provide the best service at the best price. Shipping Management. Demand Forecasting Tools.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Procurement Solutions Optimization Software 52

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

Talking Logistics

JULY 5, 2018

Discuss with your strategic suppliers what is most attractive to them. If you can provide what they seek, you will receive attractive pricing, capacity commitments, and top route guide performance. To meet your capacity needs, 3PLs must work with multiple carriers across every size segment—from owner/operator to mega-large.

Price Reduction 60

Price Reduction Expense Reduction Waste Reduction Cost Reduction 60

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. Process manufacturers in industries ranging from food to chemicals and pharmaceuticals are obliged to meet stringent requirements of local and international safety and quality regulations.

Manufacturing Procurement 119

Manufacturing Procurement ERP Supply Chain Planning Software Purchasing Skills 119

GlobalTranz

FEBRUARY 12, 2018

On this position, you’d be managing all activities for purchasing raw materials, delivering them to the right point across the organization, making sure the organization is producing enough supply to meet the demand of the audience, and deliver the product to the right place at the right time. You want to meet those standards?

Supply Chain Planning Software 70

Supply Chain Planning Software Supply Chain Software Negotiating Skills Supply Chains 70

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

GlobalTranz

JANUARY 5, 2017

Currently, our client provides an incentive to a supplier via gain and pain share. Some incentives are reducing UNIT PRICING. This is also a negotiable issue. Decreasing prices based on increasing sales, i.e. sales incentives: additional customers closed; more warehouse activity; filling warehouses space with new customers.

Cost Reduction 66

Cost Reduction Price Reduction Warehousing Waste Reduction 66

Automotive Logistics

NOVEMBER 5, 2018

At a meeting of the Eurasian Intergovernmental Council in July, member states agreed that import duties on automotive components could only be increased by Russia after being officially signed off at the next EEU Council meeting on August 24, says Shavshina. . Complex impact.

Negotiate Pricing 28

Negotiate Pricing Price Reduction Sourcing Strategies Manufacturing Procurement 28

Logistics Business Magazine

OCTOBER 23, 2018

Selecting the right supplier. However we were never really happy with the system and from a health and safety perspective, it was no longer meeting our requirements. We discussed the project with four or five suppliers, including companies who we had worked with before on different tasks. On average, each pallet holds 42 bales.

Case Study 28

Case Study Handling Study Negotiating Skills 28

GlobalTranz

FEBRUARY 17, 2016

The Supplier gives you standard parts and puts them in your warehouse. Communication between you and the Supplier are critical in managing a VMI system. You can also place a blanket order with a supplier and manage releases versus taking in larger quantities to save costs. Waiting : Waiting for meetings is a waste of time.

Inventory Reduction 65

Inventory Reduction Cost Reduction Waste Reduction Vendor Strategies 65

Logistics Bureau

OCTOBER 10, 2022

Instead, your company’s optimal inventory performance will be such that you can meet the service levels you aspire to (or to which your customer agreements commit you) with the barest minimum negative impact on profit and working capital. 3: Supplier Lead Time. No inventory optimisation solution comes without tradeoffs.

Inventory Reduction 114

Inventory Reduction Inventory Optimization Modeling Optimization Software 114

SYSPRO Smarter ERP

JANUARY 12, 2022

They have a contract with a supplier who delivers on time, and who charges acceptable prices. This meets all their key performance areas. A single supplier focus means that there is a high risk if the supplier closes its doors. The two main pillars of sourcing will be alternative suppliers and alternate pricing.

Manufacturing Procurement 105

Manufacturing Procurement Optimal Sourcing Procurement Solutions Supply Chain Planning Software 105

Logistics Bureau

JANUARY 1, 2018

Supplier unreliability. Price pressure and the need to make profits have left many supply chain organisations in a tight corner. One example is supplier performance evaluation. Other uses are finding out how expensive a product price is perceived to be, and controlling the cost of stocks. The following are examples.

Supply Chain Planning Software 64

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

MTS Logistics

OCTOBER 9, 2023

In a nutshell, the main advantages of supply chain risk diversification are minimizing potential supply chain-related disruptions, having more negotiating power, improved resilience, and access to new markets. By diversifying suppliers across different regions, companies can reduce the impact of localized disruptions.

Negotiate Pricing 83

Negotiate Pricing Negotiating Skills Supply Chain Software Supply Chains 83

Automotive Logistics

MAY 30, 2018

Better communication is needed in the automotive supply chain, including between OEMs, suppliers, logistics providers and IT experts providing digital supply chain services. Rene Diest, global chief information officer (CIO) at interiors supplier Faurecia, agreed that in a data-driven economy it was all about “the fast beating the slow”.

Supply Chain Planning Software 48

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 48

Material Handling and Logistics

JUNE 15, 2018

The people who command six-figure salaries to negotiate multimillion-dollar deals with major brands are being replaced by software that predicts what shoppers want and how much to charge for it. So Amazon recruited graduates from top schools and veterans from traditional retailers who already had relationships with suppliers.

Negotiate Pricing 99

Negotiate Pricing Negotiating Skills Supply Chain Software Supply Chain Planning Software 99

Logistics Bureau

MAY 8, 2023

In addition, TMS operators can often negotiate the best possible freight rates. You must evaluate the option in detail to know if it presents more pros than cons or vice versa. Without these checks and balances, companies tend to flit from carrier to carrier or use whichever one or two appear most convenient or economical.

Negotiating Skills 62

Negotiating Skills Cost Reduction Resource Reduction Price Reduction 62

Conger

MARCH 28, 2024

The following are core components in managing a fleet of vehicles: Vehicle acquisition : The acquisition of vehicles is selecting the right vehicle types, negotiating purchase agreements, and ensuring compliance with regulations and company policies. To meet compliance requirements, follow these strategies: a.

Optimization Software 74

Optimization Software Optimal Sourcing Expense Reduction Cost Reduction 74

Kanban Logistics

FEBRUARY 27, 2020

With the VMI model, manufacturing suppliers work with 3PLs to store goods that the manufacturer will eventually require. As we’re dealing with big facilities with big capabilities and big equipment, you might expect that 3PL warehousing will come with a big price tag. Everything is negotiable. Vendor-managed inventory (VMI).

Warehousing 52

Warehousing 3PL Negotiating Skills Modeling Software 52