SIPMM Professional Publications
OCTOBER 15, 2018
The importance of negotiation in business deals cannot be understated. Successful negotiation involves good interpersonal and communication skills and used together to bring the desired result. In fact, negotiation is one of the main qualities employers look for when recruiting staff nowadays. This is because a good negotiator can close the best deals, leading to […].
FreightWaves SONAR
APRIL 13, 2021
Moreover, Supply & Demand Chain Executive explains , “Developing a point-of-departure strategy for partial and LTL shipments can give small and medium-size businesses delivery costs comparable to the mega shippers.
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FreightWaves SONAR
DECEMBER 21, 2020
Transportation analytics is among the most effective tools in trucking contract negotiations. And it’s equally important to know the top 10 challenges for shippers in negotiating trucking contracts like limited headhaul insight and how to overcome them.
Talking Logistics
AUGUST 13, 2018
Companies across all industries are dealing with rising transportation costs and a key question many CEOs, CFOs, and supply chain executives are asking is, “What can we do to better manage and control our freight spend in today’s market?” It is rare today to read the Wall Street Journal or listen to an earnings call without hearing about the impact of rising transportation costs. The second question we get is what strategies can we implement to lower our transportation costs.
The Logistics of Logistics
MARCH 26, 2021
Developing a Distribution Strategy with Matt McGregor. Joe Lynch and Matt McGregor discuss developing a distribution strategy. Distribution strategy is one of the areas of focus for Matt and the Colliers Real Estate team. Key Takeaways: Developing a Distribution Strategy.
Ship Monk
DECEMBER 5, 2022
Could there be hidden costs you’re not accounting for in your pricing strategy? One of the most common mistakes direct-to-consumer (DTC) ecommerce brands make is failing to understand and track their true costs, a.k.a. landed costs. What is Landed Cost?
GlobalTranz
JULY 14, 2016
Many businesses have a tendency to hastily go through small package contract negotiation processes. Unfortunately, many of these entities to end to have a large small package or parcel spend, but a small package outside negotiator can help save significant revenue. Why You Need a Small Package Outside Negotiator. A small package contact negotiator has more experience cumulative lee than anyone in your office staff. Small Package contract negotiator small package
Supply Chain Brain
FEBRUARY 16, 2018
The ability to negotiate should be part of our nature. But the rules for a successful negotiation are anything but innate, especially in the age of globalization and technological upheaval. She explains how to cope with a stubborn adversary, and how to avoid the mistakes that negotiating parties often fall into. Everyone wants to make a deal, but we need to acquire the skills that allow us to cope with “the ugly and the difficult.”
Blue Grace Logistics
JANUARY 10, 2019
The November 1977 issue of Harvard Business Review carried an article titled “ Logistics – Essential to Strategy ”. Citing reasons such as “a decline in the growth rate of domestic markets, large incremental costs of energy, and an increasing emphasis on multinational markets in corporate strategies”, it foretold that logistics will become an essential part of the “corporate strategy of the future”.
Blue Grace Logistics
SEPTEMBER 21, 2020
However, good leadership skills and information savviness alone are not enough to handle the supply chain function and manage the team. What are the most important skills that every supply chain leader should have? These skills are non-negotiable and a must-have.
Blog on Log
FEBRUARY 5, 2010
Stolarczyk Kontane Logistics www.kontanelogistics.com It’s that time of year again — time to negotiate carrier contracts! Too often, business leaders focus their attention on rate structures during carrier-contract negotiations while ignoring other important facets of the carrier process. Below are tips your business should employ to achieve success as it dives into its carrier-contract negotiations in 2010 and beyond. Michael J.
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Supply Chain Brain
SEPTEMBER 29, 2020
The ongoing tariff negotiations have made life and business operations extremely difficult for countless manufacturers and distributors across the U.S.
247 Customs Broker
APRIL 19, 2018
The 2018-19 contract season for ocean shipping is here, and it’s time to think about the best way to approach negotiations. Of course, you want to control costs, consider options, and mitigate risks, but it will also be important to keep these five factors in mind as you talk to ocean service providers about the year ahead. Of course, you should keep carrier financials in mind as you negotiate. Price is only one component of the decision-making process — not the only factor.
Logistics Bureau
APRIL 25, 2022
What are the essential skills you need to possess or develop if you want to become one of tomorrow’s supply chain leaders? In any case, an excellent place to start is by knowing what the most vital supply chain leaders’ skills are and, of course, why you need them.
EazyStock
FEBRUARY 17, 2021
Effective inventory replenishment processes ensure that order fill rates can be achieved while keeping inventory carrying costs under control. Inventory Replenishment Strategies to Boost Profitability. Both can be very costly. What is Inventory Replenishment?
Kanban Logistics
MAY 25, 2022
What is a VMI strategy? With a VMI strategy , a third-party logistics provider (3PL) will store goods that your manufacturing operation will eventually require. VMI strategy: Only for the big boys? VMI part of an inbound logistics strategy.
Blog on Log
MAY 4, 2010
Hiding behind pure numbers will only create a one-sided, noncompetitive, zero-sum contract winner — and doom the negotiations, to failure. But the true test of how both sides react will come in the next several weeks, as shippers and carriers wrap up what could be the most important contract negotiations in years, if not more. The news is filled with businesses that have used numbers — real or manufactured — to justify prices and volumes that are no longer with us.
World Food Programme Logistics
MAY 22, 2019
Against all the odds: Reaching those in need in South Sudan Negotiating for humanitarian space to save and improve lives in South Sudan Villagers help offload food from a WFP-contracted truck in Karam, Ayod county. This includes notifying authorities of movements of staff and food, negotiating for safe passage at road and river checkpoints and monitoring the situation in areas of concern. A normal day is impossible with ad hoc negotiations and troubleshooting kicking in any time.
Logistics Bureau
JUNE 14, 2020
What are the essential skills you need to possess or develop if you want to become one of tomorrow’s supply chain leaders? In any case, an excellent place to start is by knowing what the most vital supply chain leaders’ skills are and, of course, why you need them.
FreightWaves SONAR
FEBRUARY 25, 2021
However, the sheer amount of fees applied in the process to price freight for a load can amount to quite a hefty sum. . But knowing what’s happening based on historic, peer and market data can help shippers figure out how carriers price freight loads. Freight Market Blog price freight
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. However, you do not need to send thousands of packages monthly to enjoy these price reductions.
ShipLilly
MARCH 1, 2023
Price wars, cheap contracts, & new ships There is widespread interest in the next steps for the container trade following a series of significant changes. For example, the past few months have seen new shipping alliances, increasing price competition, the risk of over-capacity, and drastic changes in trade volumes. The conundrum of price wars and blank sailings The 2 nd quarter of 2020 was crucial in these trends because the Covid-19 lockdowns peaked in Europe and the USA.
The Logistics of Logistics
MARCH 10, 2023
Our philosophy is to invest in companies where our operating expertise and in-depth supply chain knowledge can help our portfolio companies achieve outstanding value. Cambridge Capital leverages BGSA’s unique approach to strategy-led investment banking for the supply chain.
Logistics at MPEPS at UPV
MARCH 31, 2019
IKEA focused on offering a wide range of good quality, stylish, well-designed, and functional furniture at a low cost so that more people could afford it. IKEA kept cost reduction at the center of any decision making. It made efforts to improve its internal supply chain processes like packaging, warehousing, and transportation which contributed to its cost cutting objective. This helps the company reducing transport costs.
The Logistics of Logistics
MARCH 17, 2023
She leads the Manifest team and drives all strategic partnerships for the event. She leads the Manifest team and drives all strategic partnerships for the event. Recently, Courtney worked for Clarion Events North America where she was Chief Corporate Development and Strategy Officer.
FreightWaves SONAR
APRIL 1, 2021
LTL shipping rates would historically depend on freight class and the cost per hundredweight . In the past, calculating freight class depended on the physical weight of an item, as well as what else could be shipped within the same truck to set a cost per hundredweight (CPW).
Blog on Log
FEBRUARY 24, 2007
Here are some tips for your upcoming negotiations: Pickup performance. Late pickups cost you money, perhaps at overtime rates. The kind of training available to your carrier's employees, how often they are trained, and the degree to which they are trained should be part of the company's strategy in providing superior service to customers.
ShipLilly
APRIL 7, 2021
One of the options that can be used is to ask the insurer to cover part of or all the replacement costs. The costs of compensating for lost cargo can be much higher than those that are incurred by saying no to excess cargo. The consequence is an increase in costly accidents.
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. Procurement Event Strategies. Not every platform offers expert-enhanced procurement event strategies on top of a digital platform!
Ship Monk
JUNE 1, 2022
Selecting a carrier and overnight option that’s right for you comes down to weight of package, cost, and how quickly you want it to reach its destination. Next-Day delivery on Saturdays generally costs extra unless there are no strict time constraints. Negotiated Rates.
GlobalTranz
SEPTEMBER 9, 2015
In today's ever more complex supply chain riddled with thousands upon thousands of processes, shipping freight has moved beyond tactical prowess for those who execute well and has evolved to now include strategic, innovative, and collaborative efforts to maintain not only a competitive edge but reduce overall transportation cost footprint. Now, a shipper must also consider how knowledge affects their decisions and capabilities in shipping freight.
The Logistics of Logistics
MARCH 13, 2023
Kara is the Founder and CRO of LeadCoverage , the premier B2B marketing and PR firm dedicated to helping logistics companies increase lead generation through targeted marketing strategies and media coverage. Kara Brown and Joe Lynch discuss lead gen for logistics.
Apparel Logistics
FEBRUARY 2, 2017
Freight costs are some of the most significant expenses that all apparel brands incur. Consider the following strategies to reduce your freight costs without compromising the customer service for which you're known. Negotiate Lower Freight Rates. A conversation with your transport providers is the most obvious place to start trimming your freight costs. Accordingly, it makes sense to analyze shipping fees when you're tightening your clothing business budget.
Logistics Bureau
SEPTEMBER 26, 2018
If you were to tell me that your company had never looked at its supply chain costs and sought to deliver reductions, I would be mightily surprised. On the other hand, if you told me your company hasn’t been able to sustain any progress in supply chain cost reduction, I wouldn’t be surprised at all. The challenges faced by these organisations and the steps they took, may provide some inspiration for successful long-term cost management within your own organisation.
The Logistics of Logistics
MARCH 15, 2023
Nathan is the EVP of Strategy and Transformation at STACI-US , a leading provider of supply chain end-to-end solutions. Economics (cost savings). Nathan Lugo-Montanez and Joe Lynch discuss 3 reasons to outsource fulfillment. the empty container marketplace.
GlobalTranz
AUGUST 25, 2015
Freight costs are eminently controllable, however, efficiently managing this major budget item requires expertise. In the complex world of modern transportation, companies lacking the experience to professionally handle the intricacies of transportation management are sure to find controlling shipping costs an extreme challenge. Skill Set Development. Bottom Line Strategizing. Shipping costs impact all departments' budgets.
GlobalTranz
AUGUST 17, 2015
A vigorous supplier relationship management (SRM) strategy can assist organizations in maximizing partnership value, minimize risk, and manage costs through the entire supplier relationship lifecycle. When formulating a supplier relationship management strategy organizations must consider the following implications to be successful: Become the Customer of Choice. Omni-channel shopping has given customers a wider selection of goods and a platform for price comparison.
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