Truckload Pricing Dynamics with Jon Payne

The Logistics of Logistics

Jon Payne and Joe Lynch discuss truckload pricing dynamics. Jon is the Director of Pricing Strategy & Analytics at Loadsmart , a freight technology company that is removing the barriers between shippers and carriers so freight can move in the most efficient, transparent and automated way.

5 Inventory Reduction Strategies to Drive Cost Savings

EazyStock

So it makes sense to look for ways to reduce inventory and keep levels under control! What are the potential cost savings from inventory reduction? However, simply cutting inventory across your entire product range is not the approach to take. Supplier lead time reduction.

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Critical Weather Strategies for Your Supply Chain

Blue Grace Logistics

Insulating against disturbances to the supply chain through critical weather strategies has proved effective in cutting down delays and costly overages. With such disruptions come reductions in workforce, tightened capacity, fewer logistics options, increased risks and increased costs.

Intel, Cost Reduction Strategy

Logistics at MPEPS at UPV

That 10% market share that the intel doesn’t owe, is extremely important to the pricing and therefore, the gross margin structure of the business. The reason I chose to write about this company, is because it was very interesting for me to see how a company of this size can focus and apply cost reduction actions in their supply chain and make them work. The company needed to make a lot of supply chain cost reductions after bringing its latest, low-cost chip to market.

Will Greater Data Granularity Lead to Better, Faster Decisions?

Speaker: Dave Food, Strategy Director at Prophetic Technology

With the increasing granularity of data coming from consumption points through extended data ecosystems of the Internet of things and with the integration of networks meaning net real-time change can be dynamically modeled and executed, what is the role of Supply Chain planning? Join Dave Food, Strategy Director of Prophetic Technology, on December 11th and learn how data is changing your supply chain!

Transportation Strategies for Continued Success

Logistics Viewpoints

A TMS offers optimization capabilities across multiple modes to improve service levels and reduce freight spend. Below are some transportation strategies for success for suppliers of TMS, TES, and MTS. Improve Pricing Flexibility.

Metal and Oil Prices Soaring

LandLink

A surge in energy and metal prices is offering investors a fresh reminder of how the commodities market can fuel inflation and imperil the post-pandemic economic recovery.

Examining Factors Affecting Oil Prices

LandLink

Oil prices are subject to various economic and geopolitical shocks and are highly volatile. There are several factors dictating the price of crude depending upon where you are in the world. We’ll examine some of the main issues.

5 Mini Case Studies: Successful Supply Chain Cost Reduction and Management

Logistics Bureau

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. This operation was proving too costly and too slow, so the company embarked on an initiative to achieve a 10% supply chain cost reduction over a four-year period.

Greg Price and the Shipwell Story

The Logistics of Logistics

Greg Price and the Shipwell Story. Ryan Schreiber and Greg Price discuss Greg’s entrepreneurial journey and the Shipwell story. About Greg Price. Greg Price is the CEO and Co-founder of Shipwell , a cloud based TMS solution based in Austin, TX. Greg Price.

What Resilience Means in 2021

Speaker: Scott Wooley, President of Thermal Packing Solutions at Atlantic Tape and Packaging

If you thought your supply chain was resilient before 2020, you may have been proven very wrong. If your supply chain is still feeling the effects of the pandemic, you may feel that the insights and lessons are yet to be distinguished among the mess--that's what we're here for. Join Scott Wooley, President of Thermal Solutions at Atlantic Tape and Packaging, and redefine what a resilient supply chain is.

7 Mini Case Studies: Successful Supply Chain Cost Reduction and Management

Logistics Bureau

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. This operation was proving too costly and too slow, so the company launched an initiative to achieve a 10% supply chain cost reduction within four years.

Dynamic Pricing is Transforming Logistics with Zeke Ziliak

The Logistics of Logistics

Dynamic Pricing is Transforming Logistics with Zeke Ziliak . Zeke Ziliak and Joe Lynch discuss how dynamic pricing is transforming logistics. At PROS, Zeke and his team provide science-based pricing strategies to transportation and logistics companies.

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What You Need To Know About Dimensional Pricing

LandLink

The debate over whether density-based pricing will succeed in toppling the traditional National Motor Freight Classification’s (NMFC) based pricing in the LTL industry is an ongoing debate. Carriers are pushing for dimensional pricing to manage the margins on lightweight shipments.

Sourcing Strategy: Effective vs Efficient with Ron Crabtree

The Logistics of Logistics

Sourcing Strategy: Effective vs Efficient with Ron Crabtree. Joe Lynch and Ron Crabtree discuss sourcing strategy: effective vs efficient. Key Takeaways – Sourcing Strategy: Effective vs Efficient. Single sourcing to drive price and increase influence (to a point).

Contract Rates vs. Spot Rates: Freight Shipping Pricing Strategies

GoShip Blog

When it comes to planning your shipping budget, it’s easy to get confused over the principles of transportation pricing. What are the freight pricing options? Besides modifying the critical points of logistics planning, it also affects the approach to the pricing of shipping services.

DropShipping Pricing Strategy

247 Customs Broker

Dropshipping can be competitive, so figuring out how to price your products can be the difference between winning a buyer or even making a profit.… … The post DropShipping Pricing Strategy appeared first on 24/7 Customs Broker News.

Cutting Emissions Through Better Transportation Planning

Logistics Viewpoints

Running more efficient routes, with more fully loaded trucks, saves money and reduces emissions. The desire to improve service, reduce cost, and reduce emissions, is part of the reason their customer Unilever selected their solution.

Supply Chain Strategy: Navigating an Uncertain Economy

Morai Logistics

Others must now redouble efforts to reassess risks within their supply base and work jointly with suppliers to develop and implement risk mitigation strategies. Acting in bad faith and not receiving their supplier’s delivery while pursuing a price decrease is not the way to go.

Oil price volatility thrusts airline hedging strategies into the spotlight

The LoadStar

Shippers are facing more increases in airfreight costs as the surge in oil prices lifts carrier fuel surcharges. And the airlines themselves face a dilemma over fuel price hedging.

IKEA lOGISTIC sTRATEGy

Logistics at MPEPS at UPV

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. A key part of IKEA’s success is credited to its communications and relationship management with materials suppliers and manufacturers to get good prices on what it procures.

Lumber prices keep tight grip on shippers and importers

The Supply Chain Journal

For lumber suppliers, the tight supply and mile-high price of lumber that impacted construction projects nationwide this spring continue to cause frustration. Fortune reported that prices have dropped for the ninth consecutive week.

Develop a Strategy to Combat Dimensional Pricing

LandLink

The debate over whether density-based pricing will succeed in toppling the traditional National Motor Freight Classification’s (NMFC) based pricing in the LTL industry is an ongoing debate. Dimensional Pricing There is no secret to dimensional pricing.

Inventory Replenishment Strategies that Increase Profits

EazyStock

Inventory Replenishment Strategies to Boost Profitability. To overcome all these inventory management risks, you need a toolbox of effective inventory replenishment strategies. 5 Inventory Replenishment Strategies to Increase Profits. What is Inventory Replenishment?

How to Combat the Rising Gas Prices & Labor Shortages

WorkWave

Are you feeling the pinch of labor shortages and rising gas prices? Routing software can help reduce fuel consumption, which will help businesses save money. Nobody can afford that, especially with the current gas prices and labor shortages. Time To Read: 2 minutes.

4 Key Strategies of a Solid Reverse Logistics Plan

ShipLilly

Thankfully some strategies can be used to mitigate the cost. This is a fiscally sound strategy that cuts down on reverse logistics costs for organizations. Businesses can still be grown with a low baseline as long as the cost for returns is reduced.

Enterprise shippers’ top 6 logistics strategies to know

FreightWaves SONAR

Adjusting current logistics strategies demonstrated the second great challenge of the pandemic. Embracing new and improved logistics strategies remains the best way to adapt to clients’ changing demands in 2021 and beyond. Strong and versatile logistics strategies depend on this data.

Zero Sum: How Walmart Transportation is Working to Reduce Emissions Now and in the Future

Logistics Viewpoints

At Logistics Viewpoints, we have written about how companies are looking to reduce carbon emissions, especially when it comes to transportation. Today I’m excited to share more about our zero-emissions transportation strategy and announce a series of collaborations and pilots.

How to Best Use a Spot Market Strategy During This Market Shift

CH Robinson Logistics

Our academic research continues to show that contracted freight in a hierarchical route guide provides great service and price. The short answer is “yes,” as long as you have a segmented freight portfolio strategy for both the contract market and the spot market.

Forwarders fear ‘shut-out’ as other major lines emulate Maersk strategy

Supply Chain and Logistics

One of the … Continue reading → Logistics Shipping Supply Chains alliances brokers container shipping pricing supply chainsThis complaint from freight forwarders is starting to resonate. It appears the major container carriers are gradually refusing to sell bulk space on container ships to brokers and forwarders, instead making them buy on the spot market.

Fourth week in a row that DOE/EIA diesel price drops

The Supply Chain Journal

The latest weekly Department of Energy/Energy Information Administration average retail diesel price dropped 0.5 cents, even as wholesale and commodity prices have jumped significantly. The latest price, effective Monday, is $3.124 a gallon.

Continental cuts prices on ELD devices

Fleet Owner

Continental said it has reduced the price on VDO RoadLog ELD and VDO RoadLog ELD Plus devices. Our new pricing structure offers today’s truckers a very affordable and sensible option for their ELD needs. For the same price they would typically pay f

With Inflation on the Rise, Retailers Turn to AI to Aid in Pricing Strategy

Supply Chain Brain

The return of inflation is placing retailers in a terrible quandary

The Impact On Shipping Costs – Consumer Demand & Fuel Prices

MTS Logistics

As discussed on More Than Shipping just a few weeks ago, long haul freight wait-times were skyrocketing, coupled with associated price increases that left some vendors without options other than to pursue more expensive avenues to receive their goods on time.

OPEC+ deal failure sends oil prices higher, defies historical reactions

The Supply Chain Journal

Historically, OPEC meetings that fail to reach agreement on production levels result in the price of oil falling, with traders anticipating that the lack of restraints will likely lead to a rise in production and an imbalance in supply and demand. Prices rose.

What shippers need to know about how carriers price freight with historic, peer and market data

FreightWaves SONAR

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

10 Strategies to Reduce CPG Logistics Costs

Kane is Able

Price points are a key weapon in this battle and, increasingly, companies rely on lean CPG logistics operations to provide a cost advantage. Or, are you exploring logistics strategies that alter current processes and the way you work with retail customers? A mix of both is optimal, with new strategies offering the best potential for breakthrough gains and cost savings, particularly for mid-tier suppliers struggling to compete with much larger brands.

4 Important Benefits of a Sustainable Reverse Logistics Strategy

GlobalTranz

However, one of the most important aspects of supply chain strategies is often overlooked: the reverse supply chain (also referred to as reverse logistics ). A reverse logistics strategy provides a path for removing the existing equipment to make way for the next era of equipment in the case of end of life products or new upgrdes. In a sense, reverse logistics could be considered the “greenest” part of any business logistics strategy. Reduced Risks to the Business.

Ongoing port congestion may create opportunistic ‘inventory bubbles’ for off-price retail

The Supply Chain Journal

Off-price retailers typically weather economic downturns with relative ease. Maxx, Ross Stores and Burlington have the wherewithal to visit more often in search of hidden gems; in weak times, shoppers flock to the low prices.

Skyrocketing diesel prices affecting US-Mexico import rates

ShipLilly

News from “Borderlands” indicates a significant upsurge in diesel prices, which has impacted current import rates between the US and Mexico. This week it was revealed that the price of fuel has gone to an all-time high in the US at $5.55 Indeed, the current prices are 51 cents higher than those recorded in April. This problem will be acutely faced in the US, where market forces determine prices rather than any state subsidization.