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7 Key Supply Chain Leaders’ Skills and Why You Need Them

Logistics Bureau

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.

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Driving Down Supply Chain Costs with Mode Optimization

Blue Grace Logistics

Our Webinar discusses the typical LTL network and differentiates between less than truckload (LTL) and full truckload and the factors companies should consider when deciding which alternative is best for a particular shipment. While the decision is sometimes considered arbitrary, in order to optimize your operation, i.e. lower cost and maximize profit, it is crucial to consider the following factors. . How much does it really end up costing you at the end of the day?

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Flexible Warehousing with Flexe CEO Karl Siebrecht

The Logistics of Logistics

With Flexe, there are no upfront costs or term agreements, just better omnichannel operations and a smarter use of capital. Tusk’s technology connects your parcel operation to a national network of vetted regional carriers, all with pre-negotiated rates and reliable, predictable service.

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Shipping Freight Isn’t Tactical Anymore: 3 Areas That Require Strategic, Collaborative, & Innovative Thinking

GlobalTranz

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.

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7 Freight Costs Considerations That Will Have Shippers Rethinking In-House Transportation Management

GlobalTranz

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.

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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. Shippers who prioritize securing the lowest price from carriers may actually end up paying more because of costs embedded in carrier expenses, resulting in problems such as service degradation and supply chain disruption.

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5 transportation Procurement & Benchmarking Trends to Keep Costs Down in 2019

CLX Logistics

The year 2018 was challenging for shippers in all industries, including chemical, due to capacity constraints in the marketplace that inflated costs. The convergence of high costs, limited capacity, emphasis on timely delivery and demand for greater supply chain visibility, made it a problematic year for shippers and carriers alike. Better ways to manage transport operations emerge, from how we plan and strategize, to how we ultimately execute and drive continuous improvement.

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8 Action Items Shippers Can Take to Minimize the Cost Effects of DIM Pricing for Less-Than-Truckload Shipping

GlobalTranz

The latest industry-pricing trend, dimensional weight pricing, or often referred as “DIM Pricing,” calls for LTL freight cost calculations using pounds per cubic foot of space occupied on the truck. Both UPS and FedEx recently announced dimension-weight pricing plans for parcel/small packages effective Dec. Shippers using LTL freight options will want to prepare their 2015 budgets with DIM pricing in mind. Pass the Costs on to your Customers.

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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. BlueGrace Logistics Freight Shipping Tips Industry Knowledge Technology

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Diversification Is The Lifeblood Of Your Supply Chain

Blue Grace Logistics

Given the importance of the subject, we hosted a webinar on the topic – From Chips to Dips in Service? Source: BlueGrace Logistics Webinar: From Chips to Dips in Service? Negotiation power: Cost is an important factor in supply chain.

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The Great Divide: Understanding LTL and Truckload Market Shifts

Blue Grace Logistics

Analysts point to several macro trends buoying the LTL market, specifically e-commerce growth and the increasing impact of near-shoring since the start of the pandemic. Shippers and carriers must remain focused on long-term growth by negotiating fair pricing.

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Parade expands reach to Trucker Path drivers

Parade

The TruckLoads mobile load board now gives carriers the ability to lock in capacity instantly and digitally, without the need to email or call the broker, negotiate a deal, onboard, and then get a rate confirmation to actually move the load. Attend the webinar to learn more.

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Parade expands reach to Trucker Path drivers

Parade

The TruckLoads mobile load board now gives carriers the ability to lock in capacity instantly and digitally, without the need to email or call the broker, negotiate a deal, onboard, and then get a rate confirmation to actually move the load. Attend the webinar to learn more.

Webinar 78
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Parade expands reach to Trucker Path drivers

Parade

The TruckLoads mobile load board now gives carriers the ability to lock in capacity instantly and digitally, without the need to email or call the broker, negotiate a deal, onboard, and then get a rate confirmation to actually move the load. Attend the webinar to learn more.

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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. But, shippers who understand the top factors influencing parcel pricing, such as dimensional (DIM) pricing models , they can locate additional savings by eliminating unnecessary costs and maintaining better control over shipping practices. Negotiations. Weight and Dimensional Pricing.

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In a Turbulent Freight Shipping Market, our Experts Answer your 7 Top Questions

CH Robinson Logistics

webinar of 2021, my colleagues and I provided analysis on today’s leading freight shipping topics, including the potential impact of the U.S. What actions can we take to drive prices down? Q4 webinar recording is available on our website. In the final Market Insights Live!

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Understanding the Capacity Effects of the ELD Mandate

Blue Grace Logistics

with one or two trucks, so they wanted to adjust the playing field in this market space and be price competitive.” . With the ELD-mandate changing business dynamics many carriers have made it their goal to minimize cost in order to reduce rates to stay competitive, but that’s only one piece of the puzzle. . The process starts by looking at a full picture of the supply chain to understand the network and cost distribution. .

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US LTL Market Softening, But Not By Much: 3PLs

Blue Grace Logistics

Webinars. The softening in LTL pricing noted by BlueGrace mirrors the decline in the long-distance LTL producer price index over the summer, but pricing remains historically high. Whether those GRIs survive contract negotiations is another matter.

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How Do You Budget Better for Full Truckload?

GlobalTranz

Small and mid-sized shippers may not have the skills necessary to negotiate transportation contracts, including those involving full truckload shipping. If negotiations rely on an understanding of all inbound and outbound freight statistics and processes, lacking information will result in strong variances between rates and trouble securing available capacity. Fuel costs.

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What will 2019 bring for the trucking industry?

Blue Grace Logistics

What would be more cost effective – booking spot rates or negotiating contract rates? Knowledge of the existing trends can also provide insight into what one may expect from the trucking industry in the coming year. Knowledge of the existing trends can also provide insight into what one may expect from the trucking industry in the coming year. These predictions and forecasts can also help them better negotiate their rate contracts with trucking companies or 3PLs.

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Understanding How Parcel Cost Control Reduces Total Transportation Costs

GlobalTranz

Shippers must recognize the importance of parcel in today’s age, as explained by Harold Friedman of Inbound Logistics , and enhance parcel cost control with these steps. Understand Accessorial Charges Contribute to 20 Percent of Total Transportation Costs Parcel cost control must underscore the importance of controlling accessorial charges, including fuel surcharges and surcharges not otherwise specified, like Saturday delivery, next-day delivery, and hazardous material handling.

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Logistics Bureau Supply Chain and Logistics News Roundup, July 2022

Logistics Bureau

Rapidly rising fuel prices will bring about even more widespread supply chain disruption. When the price of oil skyrockets, so does the cost of producing everything, leaving no industry unaffected.

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Which Load Board / DFM Marketplace Should I Use?

Parade

This is due to the fact that in-network carriers are less of a wild card: they have a proven track record of success, and their pricing is often within an acceptable range. Pricing for carriers may dictate different types of users.

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Which Load Board / DFM Marketplace Should I Use?

Parade

This is due to the fact that in-network carriers are less of a wild card: they have a proven track record of success, and their pricing is often within an acceptable range. Pricing for carriers may dictate different types of users.

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Which Load Board / DFM Marketplace Should I Use?

Parade

This is due to the fact that in-network carriers are less of a wild card: they have a proven track record of success, and their pricing is often within an acceptable range. Pricing for carriers may dictate different types of users.

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What’s the Outlook for Drayage in 2022?

Envase Technologies

We kicked off the year with a special webinar looking at the industry and market jointly presented by Envase and Kin Logistics. The past two years have hit the industry hard, driver shortages, port backups, even the cost of containers themselves, we’re all hoping 2022 will be a turning point.

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What’s the Outlook for Drayage in 2022?

Envase Technologies

We kicked off the year with a special webinar looking at the industry and market jointly presented by Envase and Kin Logistics. The past two years have hit the industry hard, driver shortages, port backups, even the cost of containers themselves, we’re all hoping 2022 will be a turning point.

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Value-adding Features of a Great Freight Rating System Within a TMS

GlobalTranz

One that is integrated with TMS offers more value for customers and better leverage when negotiating contracts with additional features providing the latest data. The fundamentals of a Freight Rating System match a user’s shipping and freight characteristics and a carrier’s service and price options. The tools optimize the headhaul and backhaul components of a shipper’s network and deliver analytics used by shippers during negotiations with carriers.

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Managed Logistics Meets Five Challenges for Complex Supply Chain Operations

Blue Grace Logistics

Webinars. Poorly optimized networks can have many undesirable outcomes, including loss of customers, runaway freight and labor costs, and siloed — rather than integrated — supply chain management.

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Peak Time or Holiday Shipping: Strategies & Tips to Stay Sane, Mitigate Extra Costs, & Keep Customers Happy

GlobalTranz

Holiday shipping prices for 2014 are pretty similar to what they were last year, only a bit higher. The truckload market spiked last year about this time and the prices never went down. Holiday shipping prices going INTO California and heading west are looking good. Another good place to save money on your holiday shipping prices? However, market forces such as fuel costs and decreased capacity work to undermine these goals.

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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. That’s when the need for writing skills comes in. Project Management Skills. They will have to negotiate for resources, budgets, and schedules.

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Getting the Full Value Add from 3PL Services by Avoiding Commoditization or Transactionalism

GlobalTranz

You will want to gain insight into what differentiates one 3PL from another, what core capabilities they offer and what skills do they have in developing strategies and thought leadership. Since its inception, the 3PL industry has offered its services as single commodities or transactions rather than developing a holistic methodology that optimizes its services through aggregated capabilities such as freight rate negotiation and economies of scale.

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Reducing Costs in Shipping with a Focus on Inbound Logistics Strategy

GlobalTranz

Unfortunately, this disconnect could be costing tens of thousands of dollars and eating away at your bottom line. Reducing Costs in Shipping with a Focus on Inbound Logistics Strategy. Lowest-Rate Carrier Selection Reduces Your Costs. You choose the carrier, and special, negotiated rates you may have with a carrier can be used. Metrics and Auditing Prevent Overbilling and Overpayment to Vendors for Shipping Costs.

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Real-World Scenario: Best Practices for Warehouse Contracts: Part One

GlobalTranz

And our client engages with 3PL by open book cost plus contracts and gain share and pain share incentive. What are the major KPI’s to be followed under the below attributes: Cost or Cost Savings. Cost or Cost Savings: Re-engineering/continuous improvement: Implement Lean initiatives to eliminate all wastes, improve processes, increase throughput, and bring much more value to the customer beyond their expectations: Lean consists of a culture/behavior change.

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[e-Book] The Essential Guide to Inbound Freight Management

GlobalTranz

Inbound freight management is receiving a lot of attention as businesses continue to look for ways to manage shipping costs. If you’re looking to save costs on shipping, take a look at inbound shipping. In this all new e-book, shippers will take away an understanding of inbound freight management to reduce costs, increase control, and gain more visibility into the front end of the supply chain function of transportation. How Big Is the Problem Of Inbound Freight Management?

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Control the Cost of Free Shipping with Enterprise Parcel Shipping Analytics

GlobalTranz

It’s Time To Take A Closer Look At Your Parcel Shipping Costs eCommerce is driving the demand for smaller, more frequent last-mile deliveries. Shippers large and small need to look more closely at parcel transportation costs as a step in preserving margins. Unlock Parcel Shipping Analytics To Better Manage Multi-Carrier Shipping Costs Logistics managers have only a very fragmented and superficial view of their parcel expenditures. Register For The Webinar. Cost/Lb.:

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Peak Time or Holiday Shipping: Strategies & Tips to Stay Sane, Mitigate Extra Costs, & Keep Customers Happy

GlobalTranz

Holiday shipping prices for 2014 are pretty similar to what they were last year, only a bit higher. The truckload market spiked last year about this time and the prices never went down. Holiday shipping prices going INTO California and heading west are looking good. Another good place to save money on your holiday shipping prices? However, market forces such as fuel costs and decreased capacity work to undermine these goals.