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 82

SAP Optimal Sourcing Negotiate Pricing Negotiating Skills 82

Transporeon

JANUARY 25, 2018

The challenge For many years, Amway had used a generic sourcing tool that only facilitated communications with the company’s carriers rather than providing access to a supplier database and a collaborative environment to conduct sourcing events. It is a good feeling to know that you have control over the negotiation process.”

Negotiating Skills 48

Negotiating Skills Manufacturing Procurement Cost Reduction Supply Chain Planning Software 48

SYSPRO Smarter ERP

NOVEMBER 30, 2021

Reliance on too few primary suppliers for critical components and materials has compounded the problem even further with unexpected ripple effects on downstream manufacturing as evidenced by the still ongoing global computer chip shortages. Manufacturers know that good supplier relationships are critical. Managing Inventory.

Supply Chain Planning Software 105

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Manufacturing Procurement 105

Logistics Bureau

SEPTEMBER 4, 2023

Process Performance What if the problem isn’t connected to products, customers, or pricing but lies instead with process performance? Supply/Inventory Management Inventory management problems and supplier relationship issues , too, can creep in over time and eat away at your profit margins.

Negotiating Skills 89

Negotiating Skills Purchasing Skills Cost Reduction Analysis 89

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

Material Handling and Logistics

SEPTEMBER 27, 2018

Shippers need to keep operations flowing and use tools to handle the upsurge while keeping customers satisfied.”. 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. Give customers visibility to their orders.

Supply Chain Software 161

Supply Chain Software Optimization Software Purchasing Skills Negotiating Skills 161

Ship Monk

DECEMBER 5, 2022

Could there be hidden costs you’re not accounting for in your pricing strategy? If your ecommerce business imports and/or exports products, landed costs affect the price you pay for imported goods, as well as the costs to ship those goods to your domestic or international customers. List price: $95. List price: $95.

Negotiating Skills 52

Negotiating Skills Purchasing Skills Cost Reduction eCommerce 52

WorkWave

FEBRUARY 16, 2024

As a pest control business owner, you’ll also get tips on managing costs effectively while maintaining service standards, plus smart pricing strategies to keep your bottom line healthy. Calculating it accurately can help you make informed decisions about pricing, cost-cutting measures and growth strategies.

Expense Reduction 52

Expense Reduction Price Reduction Cost Reduction Vendor Strategies 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 Optimal Sourcing Procurement Analytics 101

Log-hub

NOVEMBER 22, 2023

Understanding Warehouse Optimization and ABCD Analysis Warehouse optimization is a meticulous process that involves streamlining inventory management, layout planning, and operational procedures to ensure seamless goods flow from suppliers to customers, while simultaneously reducing waste and costs.

Inventory Reduction 40

Inventory Reduction Analysis Material Savings Waste Reduction 40

Log-hub

NOVEMBER 22, 2023

Understanding Warehouse Optimization and ABCD Analysis Warehouse optimization is a meticulous process that involves streamlining inventory management, layout planning, and operational procedures to ensure seamless goods flow from suppliers to customers, while simultaneously reducing waste and costs.

Inventory Reduction 40

Inventory Reduction Analysis Material Savings Waste Reduction 40

Log-hub

NOVEMBER 22, 2023

Understanding Warehouse Optimization and ABCD Analysis Warehouse optimization is a meticulous process that involves streamlining inventory management, layout planning, and operational procedures to ensure seamless goods flow from suppliers to customers, while simultaneously reducing waste and costs.

Inventory Reduction 40

Inventory Reduction Analysis Material Savings Waste Reduction 40

Locus

DECEMBER 7, 2021

Oil price fluctuations. Fluctuations in oil prices and oil supply disruptions are majorly caused by political events, supply pipeline issues or weather problems. Oil price and logistics operating cost follows a linear pattern, and if we double our fuel prices, operating cost would increase by about a factor of 1.8.

Optimal Sourcing 52

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

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! What kinds of tasks have you helped your clients automate? When to buy.

Automation 49

Automation Negotiating Skills Modeling Software Procurement Solutions 49

Kanban Logistics

JULY 23, 2020

pricing and negotiation, ordering and replenishment, inventory management) is not. With VMI, the supplier of the materials retains ownership of the inventory until it is delivered to you. But today’s visibility tools allow a real-time view of inventory, whether on site, in the 3PL warehouse or in-transit.

Manufacturing Procurement 52

Manufacturing Procurement Material Savings Negotiating Skills Procurement Solutions 52

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 the best pricing with suppliers rather than trying to figure out what to buy! What kinds of tasks have you helped your clients to automate?

Automation 40

Automation Negotiating Skills Modeling Software Procurement Solutions 40

WorkWave

AUGUST 31, 2021

Comparing pricing from all carriers; Negotiating when possible; Bulk shipping; Consolidating supplier shipping on your account; Packing items in boxes with the smallest dimensions possible; Using carrier-provided packaging; Pre-paying online; Asking about association discounts; Factoring shipping fees into product pricing.

Optimization Software 52

Optimization Software Procurement Solutions Logistics Network Optimization Software Negotiating Skills 52

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

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. Use “shadow boards” for tools. Visuals help.

Inventory Reduction 65

Inventory Reduction Cost Reduction Waste Reduction Vendor Strategies 65

Logistics Bureau

JANUARY 1, 2018

Supplier unreliability. Tools in the AI Toolbox. We can put AI tools into three categories. Tools to make smart decisions. Tools to make smart decisions. This AI tool is based on data and rules. Tools to act like humans. Tools to think like humans. The following are examples.

Supply Chain Planning Software 64

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

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. But I often see companies that have more cutting tools, for example, than they need. If a specification changes or new tools come online, this excess inventory may end up in the trash. Too Little.

Negotiate Pricing 90

Negotiate Pricing Negotiating Skills Purchasing Skills Procurement Solutions 90

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

Conger

MARCH 28, 2024

Controlling Costs Cost-controlling mechanisms provide businesses with required tools and insights to manage and reduce costs. Fleet managers can make data-driven decisions by implementing expense monitoring tools and software solutions, which enable them to track and analyze expenditures in real-time.

Optimization Software 74

Optimization Software Optimal Sourcing Expense Reduction Cost Reduction 74

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

The Logistics Academy

FEBRUARY 13, 2017

We have different tools to incorporate these trends in our program. We also provide frameworks for effective interactions with others in courses such as purchasing, negotiation, professional selling, and team-based assignments. concept of time management, negotiation, and trust building. What can be measured can be managed.

Supply Chain Design Software 40

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 40

Conger

DECEMBER 13, 2022

Ditch Unreliable Suppliers. Choose Domestic Suppliers. Consolidate Suppliers. Ditch Unreliable Suppliers. Three key problems are associated with unreliable suppliers: Quoting incorrect lead times. Ditch unreliable suppliers and find new, more reliable ones. Choose Domestic Suppliers. Let's dive in!

Manufacturing Procurement 52

Manufacturing Procurement Inventory Reduction Vendor Strategies Waste Reduction 52

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

Automotive Logistics

JANUARY 18, 2019

To achieve this, many North American OEMs have up to now insisted on their own forms of labelling, leaving tier suppliers with no choice but to manage a wide variety of labelling systems. RFID prices have come down as the technologies have vastly improved.”. AutoSphere to the rescue.

Supply Chain Design Software 28

Supply Chain Design Software Optimization Software Supply Chain Software Logistics Network Optimization Software 28

Transporeon

MARCH 22, 2018

Depending on the mode of transport and the type of product being shipped, the offer matrix can contain individual price components and different quantity structures and units, along with additional information that can make comparisons difficult.

Optimal Sourcing 48

Optimal Sourcing Negotiating Skills Purchasing Skills Negotiate Pricing 48

GlobalTranz

MAY 6, 2015

When you create your Sales, Inventory, Operations and Production Plan (SIOP) monthly, or more frequently, invite your top Suppliers and Customers to the SIOP meeting. Any and all members of the lean supply chain should use these tools to solve problems and reduce costs to increase value to the customer. Watch freight classifications.

Supply Chain Planning Software 127

Supply Chain Planning Software Waste Reduction Inventory Reduction Supply Chain Software 127

Logistics Bureau

SEPTEMBER 26, 2018

per chip were bearable for units selling for $100, but the price of the new chip was a fraction of that, at about $20. At the point when optimisation planning began, sourcing and inbound logistics were managed by teams in various countries, each with different levels of SCM maturity, and using different tools and systems.

Cost Reduction 85

Cost Reduction Inventory Reduction Expense Reduction Price Reduction 85

Logistics Bureau

MAY 24, 2019

per chip were bearable for units selling for $100, but the price of the new chip was a fraction of that, at about $20. At the point when optimisation planning began, sourcing and inbound logistics were managed by teams in various countries, each with different levels of SCM maturity, and using different tools and systems.

Cost Reduction 65

Cost Reduction Inventory Reduction Expense Reduction Price Reduction 65

Blue Grace Logistics

JULY 17, 2018

With three rounds of attempted trade negotiations come and gone, a trade war between the United States and China, representing the two largest economies in the world has begun. and Chinese companies alike learn how to negotiate these new tariffs. sugar farmers, don’t export much because prices abroad are much lower than at home.

Supply Chain Planning Software 48

Supply Chain Planning Software Negotiating Skills Negotiate Pricing Supply Chain Software 48

Talking Logistics

DECEMBER 20, 2017

Meanwhile, it appears that the Trans-pacific Trade Partnership (TPP) will move forward without the United States ; Japan just completed a trade deal with the European Union ; Brexit negotiations remain contentious ; and the World Trade Organization’s role and relevance are being challenged. Today the price is $63.88 per barrel.

Supply Chain Design Software 55

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 55