Logistics Viewpoints

MARCH 6, 2025

As a supply chain executive, picture beginning your day with a cup of coffee when a news alert notifies you of newly imposed tariffs affecting your primary suppliers in China. Tariffs on steel from Chinaup 25%and retaliatory moves from Canada and Mexico may turn supplier relationships upside down.

Price Reduction 95

Price Reduction Material Savings Cost Reduction Waste Reduction 95

MTS Logistics

NOVEMBER 12, 2024

Inflation and Increased Costs Simple economics is very clear, and it is very hard to have a different perspective on this: higher tariffs on imported goods will result in higher prices which will be passed onto American consumers, potentially fueling inflation. consumers paying an additional $46 billion to $78 billion annually.

Supply Chains 105

Supply Chains Negotiating Skills Negotiate Pricing Manufacturing Procurement 105

3PL Links

NOVEMBER 12, 2024

Develop a Diverse Supplier Network Relying on a single supplier can expose a business to significant risks, including supply chain disruptions, limited negotiating power, and potential price increases. By developing a network of suppliers, you can secure a more reliable supply and maintain competitive pricing.

Cost Reduction 62

Cost Reduction Material Savings Supply Chain Software Supply Chain Planning Software 62

The Logistics of Logistics

SEPTEMBER 12, 2020

His primary research stream examines firms’ logistics operations, with an emphasis on studying motor carrier safety, productivity, pricing dynamics, and driver turnover. Supplier development. Supplier selection. Supplier relationships. Negotiations. The Three Main Supply Chain Functions. Scorecards.

Supply Chain Design Software 195

Supply Chain Design Software Supply Chain Design Supply Chain Software Supply Chains 195

Ship Monk

MARCH 20, 2025

Optimize Supplier Relationships: Build strong relationships: Establish clear communication channels and foster collaboration with your suppliers. Diversify your supplier base: Don’t rely on a single supplier. This blog post will explore key strategies for streamlining your supply chain from sourcing to delivery.

Optimal Sourcing 52

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

Ship Monk

FEBRUARY 20, 2025

Carrier Consolidation: The dominance of UPS and FedEx creates a duopoly, giving them significant pricing power. Shifts in the Market: Pitney Bowes: In 2024, Pitney Bowes made headlines with aggressive pricing strategies. This trend is expected to continue, making it essential to find ways to mitigate these costs.

Negotiating Skills 59

Negotiating Skills Cost Reduction Inventory Reduction Negotiate Pricing 59

Conger

MARCH 26, 2025

In this article you will understand the nuances of electric forklift rentals and become familiar with typical use cases and pricing structures to make informed decisions about electric forklift rentals for your business. In case you are just here for the pricing? Seasonality and Demand: Rental pricing can fluctuate with demand cycles.

Purchasing Skills 52

Purchasing Skills Negotiating Skills Price Reduction Negotiate Pricing 52

3PL Links

OCTOBER 15, 2024

Communication Breakdowns Across the Supply Chain The Issue: Poor communication between suppliers, logistics teams, and customers can result in misaligned expectations, missed shipments, or order errors. These issues can slow down the entire supply chain and create confusion. Logistics success is all about preparation and flexibility.

Inventory Reduction 62

Inventory Reduction Logistics Network Optimization Software Supply Chain Software Expense Reduction 62

GlobalTranz

AUGUST 17, 2015

While the opportunities are numerous so are the challenges; in this fiercely competitive global marketplace success requires companies to pay closer attention to supplier relations. Global leaders should retain suppliers with vested interest in the long-term success of the company.

Sourcing Strategies 98

Sourcing Strategies Price Reduction Vendor Strategies Cost Reduction 98

Logistics Viewpoints

APRIL 14, 2025

AI in Procurement: Enhancing Sourcing and Supplier Management Procurement has traditionally relied on human expertise, manual comparison of supplier options, and analysis of past performance. Lets examine critical domains, review implementation considerations, and discuss realistic expectations for adoption and outcomes.

Optimal Sourcing 65

Optimal Sourcing Supply Chain Software Supply Chain Planning Software Supply Chain Design Software 65

GlobalTranz

NOVEMBER 28, 2016

Editor's Note: Today's blog is by our great friend, Chuck Intrieri where he gives us a fantastic example of how Procurement and Suppliers can enhance Supplier Relations by navigating the "Battle of the Forms.". Naturally, a supplier relations conflict exists. Contract Negotiation Enhancing Supplier Relations.

Manufacturing Procurement 85

Manufacturing Procurement Negotiate Pricing Optimal Sourcing Procurement 85

Blue Grace Logistics

MARCH 26, 2024

This enables businesses to leverage economies of scale, negotiate favorable freight rates, and access value-added services like warehousing, transportation, and order fulfillment. A knowledgeable 3PL brings industry expertise, specialized infrastructure, and established networks.

Negotiating Skills 117

Negotiating Skills Cost Reduction Waste Reduction Inventory Reduction 117

Logistics Viewpoints

JANUARY 11, 2021

NTT DATA has been steadily moving more and more of their suppliers’ contracts onto the Ariba Network. Some suppliers have four or five-year contracts, so this work is ongoing. The big spend categories that are the focus for negotiations are contingent/professional labor and IT Hardware/Software & Cloud/Data Center services.

SAP 105

SAP Optimal Sourcing Negotiate Pricing Negotiating Skills 105

FreightWaves SONAR

FEBRUARY 4, 2021

Track truckload freight accessorial costs As reported by Inbound Logistics , “Carriers price accessorials, such as liftgate or non-commercial delivery, at a premium. More importantly, the type of carrier, whether asset-based or a lite carrier, may impact the risk of accessorials and overall pricing as well.

Optimization Software 98

Optimization Software Negotiate Pricing Negotiating Skills Optimization Modeling 98

Logistics Bureau

NOVEMBER 29, 2024

But in general terms, retailers need to deal with; very broad product ranges, ranges that change, perhaps by season, possibly high levels of promotional activity, a broad supplier base and maybe some long supply lead times if there is a high degree of importing. Price; this needs to be competitive. But what is the end to end impact?

Supply Chain Planning Software 75

Supply Chain Planning Software Supply Chain Software Supply Chains Inventory Reduction 75

Material Handling and Logistics

JULY 23, 2018

asked some suppliers to return a portion of its payments to them in an attempt by the electric-car maker to turn a profit, the Wall Street Journal reported, citing a memo sent to a supplier last week. The note stated all suppliers had been asked to help the Californian company become profitable. Money Back. in Tokyo. “If

Negotiate Pricing 68

Negotiate Pricing Negotiating Skills Manufacturing Procurement Cost Reduction 68

Logistics Bureau

FEBRUARY 15, 2021

Once you have done that, you move into getting prices on the vehicles. It’s looking at what’s available on the market, the different suppliers, what their products are like, whether it matches your needs—it is not actually buying the product. But it’s not only the price. Supplier Relationship Manager. Procurement Analyst.

Manufacturing Procurement 98

Manufacturing Procurement Procurement Analytics Purchasing Skills Procurement 98

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 Bureau

DECEMBER 9, 2020

For instance, the Chief Procurement Officer will lead the sourcing process, develop the procurement strategy, identify potential suppliers, and manage short and long terms goals. Then we get the Project Procurement Manager, who is responsible for communicating with suppliers concerning the purchase of commodities, equipment, and services.

Manufacturing Procurement 98

Manufacturing Procurement Procurement Analytics Procurement Purchasing Skills 98

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 105

Negotiate Pricing Negotiating Skills Supply Chain Software Supply Chains 105

Logistics Bureau

JUNE 23, 2016

I’m not for one moment suggesting that you shouldn’t address your company’s suppliers as an approach to supply chain cost reduction. I’m not even suggesting that you shouldn’t be prepared, when necessary, to negotiate aggressively. Supplier Squeezing in the Headlines.

Cost Reduction 45

Cost Reduction Negotiate Pricing Price Reduction Material Savings 45

SYSPRO Smarter ERP

JANUARY 12, 2022

They have a contract with a supplier who delivers on time, and who charges acceptable prices. A single supplier focus means that there is a high risk if the supplier closes its doors. The procurement process doesn’t start with raising a purchase order and sending it to a supplier. The procurement process.

Manufacturing Procurement 105

Manufacturing Procurement Optimal Sourcing Procurement Solutions Supply Chain Planning Software 105

Locus

JUNE 3, 2022

Transportation was redirected to be used in providing first aid, leading to supply chain bottlenecks, shortages and price hikes. This was followed by heavy rainfall that flooded which caused lumber companies to scale back production, leading to a rise in the prices of wooden products in the United States. Schedule Demo.

Negotiating Skills 52

Negotiating Skills Negotiate Pricing Purchasing Skills Optimal Sourcing 52

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 Procurement Analytics Optimal Sourcing 101

ShipLilly

MAY 12, 2022

In this case, the BoL is not negotiable. The transportation and delivery are pre-negotiated without any room for amendments. The holder of the bill can claim possession; hence, it is negotiable. Negotiable bill of lading. This is a negotiable BoL that is made out to someone. It then becomes a receipt upon delivery.

Document 98

Document Negotiating Skills Negotiate Pricing Buyer Training 98

Globalior

FEBRUARY 25, 2023

Photo from: [link] Building Strong Supplier Relationships in the Oil and Gas Industry: The Key to Successful Procurement The oil and gas industry is a complex and dynamic industry that relies heavily on procurement to ensure the delivery of goods and services that support its operations. Developing Strong Supplier Relationships A.

Negotiate Pricing 52

Negotiate Pricing Optimal Sourcing Procurement Solutions Negotiating Skills 52

WorkWave

MAY 30, 2024

Supplier Relationship Management (SRM) is a critical component for field service organizations looking to optimize their operations and ensure the highest level of quality and efficiency in their supply chain. What is Supplier Relationship Management (SRM)?

Negotiate Pricing 52

Negotiate Pricing Vendor Strategies Negotiating Skills Material Savings 52

Material Handling and Logistics

AUGUST 10, 2018

Many facilities try to trim their indirect spend by negotiating lower prices on a few of their most expensive items. Purchasing from many different suppliers instead of saving through consolidation. You may have found the cheapest supplier for a single item, but are you getting the maximum savings on your entire spend?

Negotiate Pricing 90

Negotiate Pricing Negotiating Skills Purchasing Skills Procurement Solutions 90

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 Business Magazine

MAY 19, 2023

Long-awaited price deflation is now happening, says international procurement and supply chain management consultancy INVERTO, part of Boston Consulting Group. Those businesses that are unable to cut prices in line with the rest of the market could lose out significantly. They need to get back to doing that and quickly.”

Negotiating Skills 51

Negotiating Skills Negotiate Pricing Cost Reduction Supply Chain Software 51

Logistics Viewpoints

MARCH 3, 2021

Many shippers are tough negotiators who work diligently to drive down carrier rates. ARC’s research shows that a shipper that uses either a transportation management system (TMS) internally or works with an external managed trans supplier with robust technology, will get strong freight savings. That is strategic.

Negotiating Skills 116

Negotiating Skills Logistics Network Optimization Software Global logistics Negotiate Pricing 116

MTS Logistics

NOVEMBER 26, 2021

Numerous details are manually recorded, such as the products needed, quantity of items, descriptions, pricing, payment details, delivery methods and dates. Total price. Negotiate contract and send PO. As a result, communication management with suppliers is vastly improved. Delivery date. Shipping method. Item quantity.

Purchasing Skills 98

Purchasing Skills Procurement Analytics Purchasing Negotiate Pricing 98

Logistics Business Magazine

MAY 22, 2023

Long-awaited price deflation in the UK is now happening, says international procurement and supply chain management consultancy Inverto, part of Boston Consulting Group. Says Agarwal: “The coming months are going to see significant price competition as costs come down, especially in certain commodities. in February to 10.1%

Negotiate Pricing 48

Negotiate Pricing Negotiating Skills Buyer Training Price Reduction 48

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 105

Global logistics Analysis Negotiate Pricing Negotiating Skills 105

Logistics Viewpoints

JANUARY 11, 2021

NTT DATA has been steadily moving more and more of their suppliers’ contracts onto the Ariba Network. Some suppliers have four or five-year contracts, so this work is ongoing. The big spend categories that are the focus for negotiations are contingent/professional labor and IT Hardware/Software & Cloud/Data Center services.

SAP 65

SAP Optimal Sourcing Negotiate Pricing Negotiating Skills 65

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 87

Cost Reduction Negotiating Skills Material Savings Resource Reduction 87

Logistics Bureau

OCTOBER 10, 2022

Suffice it to say that, generally, it’s wise to hold service as the non-negotiable element of inventory optimisation, thereby seeking to keep the right amount of stock to meet required service levels while minimising the inventory costs as much as possible. 3: Supplier Lead Time. How Does Lead Time Affect Inventory?

Inventory Reduction 105

Inventory Reduction Inventory Optimization Modeling Optimization Software 105