Logistics Viewpoints

AUGUST 25, 2021

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. Coronavirus has changed the outlook for direct-to-consumer commerce, and a TMS is now a critical component of this strategy.

Price Reduction 180

Price Reduction Cost Reduction Expense Reduction Supply Chain Planning Software 180

10xLogistics

OCTOBER 19, 2022

There are a lot of conversations happening relative to all sorts of strategies for supply chains (and no lack of consultants who want to sell you on the latest and greatest ideas). My thesis here is that the first thing you have to develop and fully understand is your business' go to market strategy. Just do what you say you will do.

Cost Reduction 117

Cost Reduction Price Reduction Supply Chain Design Software Strategy 117

Logistics Viewpoints

AUGUST 21, 2024

The insights from the report are published for the public and used internally at Descartes to better understand and validate their business strategies. Fuel remains to be a large worry for respondents across the board, between global conflicts and a steady inflated price, it remains on top of TMS professional minds.

Price Reduction 145

Price Reduction Cost Reduction Strategy Industry 145

The Logistics of Logistics

NOVEMBER 11, 2022

Dawn Salvucci-Favier and Joe Lynch answer the question what is dynamic pricing. Dawn is the CEO and Chief Product Officer at Greenscreens.ai , a dynamic pricing infrastructure for the truckload spot rate market that delivers buy and sell-side market intelligence and business insights to help companies grow and protect their margins.

Price Reduction 276

Price Reduction Sourcing Strategies Logistics Network Optimization Software Supply Chain Software 276

WorkWave

JANUARY 8, 2024

Time To Read: 3 minutes Pricing is a critical aspect of any service-based business, determining not just the revenue but also playing a pivotal role in profitability, sustainability, cash flow and market positioning. Competitive Positioning: Pricing models play a key role in determining how a small business positions itself in the market.

Price Reduction 52

Price Reduction Material Savings Cost Reduction Resource Reduction 52

The Logistics of Logistics

FEBRUARY 16, 2022

What is Dynamic Pricing with Dawn Salvucci Favier. Dawn Salvucci-Favier and Joe Lynch answer the question what is dynamic pricing. She has spent the past 20 years leading Global Product Strategy & Management at major Transportation Management System (TMS) providers. Key Takeaways: What is Dynamic Pricing.

Price Reduction 267

Price Reduction Sourcing Strategies Logistics Network Optimization Software Supply Chain Software 267

WorkWave

JANUARY 8, 2024

Time To Read: 3 minutes Pricing is a critical aspect of any service-based business, determining not just the revenue but also playing a pivotal role in profitability, sustainability, cash flow and market positioning. Competitive Positioning: Pricing models play a key role in determining how a small business positions itself in the market.

Price Reduction 52

Price Reduction Material Savings Cost Reduction Resource Reduction 52

EazyStock

AUGUST 21, 2020

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? There are many financial benefits to introducing stock reduction strategies – in particular focusing on your excess and obsolete items.

Inventory Reduction 52

Inventory Reduction Cost Reduction Price Reduction Resource Reduction 52

The Logistics of Logistics

DECEMBER 7, 2022

Thad Price and Joe Lynch discuss the Talroo story. About Thad Price. Thad Price is CEO at Austin-based Talroo, the data-driven job and hiring event advertising platform that helps businesses reach the candidates they need to build their essential workforce. He provides leadership, strategy, and guidance to all departments.

Price Reduction 273

Price Reduction Cost Reduction Modeling Software Logistics Network Optimization Software 273

Supply Chain Brain

JUNE 16, 2024

Pricing has become a strategic lever that allows revenue teams to become more proactive to changes in the market.

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Price Reduction Strategy 111

Shipsta

MARCH 11, 2022

The combination of global crises, high shipping rates and port congestion has made it the go-to strategy for most forward-thinking shippers. Moving away from large annual bids to small surgical bids targeting your heaviest and most volatile lanes, allows you to adjust your strategy quickly when prices change or disruptions occur.

Price Reduction 130

Price Reduction Procurement Strategy Freight 130

The Logistics of Logistics

AUGUST 1, 2024

Matt is Chief Technology Officer at Greenscreens.ai , a freight-tech company on a mission to rock the freight world through accurate predictions, actionable insights and cutting-edge technology. The impact of machine learning on shippers’ pricing strategies and operational streamlining through APIs.

Price Reduction 330

Price Reduction Optimization Software Logistics Network Optimization Software Negotiating Skills 330

The Logistics of Logistics

SEPTEMBER 25, 2023

Paul is the Founder and Chief Strategy Officer of Verusen , a supply chain intelligence platform, purpose-built to help manufacturers streamline their MRO supply and materials management. About Paul Noble As Founder and Chief Strategy Officer of Verusen, Paul Noble oversees the company’s vision and strategic direction.

Optimal Sourcing 393

Optimal Sourcing Material Savings Sourcing Strategies Inventory Reduction 393

GoShip Blog

DECEMBER 29, 2022

Fortunately, there are effective strategies you can employ to reduce your e-commerce store’s shipping costs. These platforms generally negotiate rates with carriers and offer pricing discounts or accessorial fee waivers based on shipping volume. Check USPS Rates For Options to Reduce Shipping Costs .

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Cost Reduction Price Reduction Inventory Reduction Negotiating Skills 52

CH Robinson Logistics

JULY 13, 2022

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. Segment your freight portfolio.

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Price Reduction Cost Reduction Strategy Purchasing Skills 90

Blue Grace Logistics

MARCH 26, 2024

What you will learn in this blog: Leveraging Data Analytics For Invaluable Insights Implementing Lean Principles for Waste Reduction Effective Management Of Supply Chain Costs As companies navigate market fluctuations and challenges, effectively managing supply chain expenses becomes pivotal for success.

Negotiating Skills 93

Negotiating Skills Cost Reduction Waste Reduction Inventory Reduction 93

Logistics at MPEPS at UPV

APRIL 11, 2018

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 company needed to make a lot of supply chain cost reductions after bringing its latest, low-cost chip to market.

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Cost Reduction Inventory Reduction Price Reduction Strategy 40

Supply Chain Brain

FEBRUARY 26, 2024

As grocery retailers navigate inflation and workforce retention, optimizing supply chains and pricing strategies becomes crucial.

Price Reduction 64

Price Reduction Supply Chains Strategy Optimization 64

FreightWaves SONAR

JANUARY 28, 2021

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. Download the White Paper.

Waste Reduction 105

Waste Reduction Resource Reduction Price Reduction Cost Reduction 105

Logistics Viewpoints

OCTOBER 11, 2024

UVa Health said it is working on reducing any unnecessary waste of IV products, including IV fluids, dialysis fluids, parenteral nutrition, and irrigation fluids. US Official Says China is Oversupplying Lithium to Eliminate Rivals A senior U.S. However, the price drop has hindered global investment in lithium projects.

Supply Chain Planning Software 154

Supply Chain Planning Software Supply Chain Software Vendor Strategies Price Reduction 154

LandLink

MARCH 11, 2020

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 combat the profitability of lightweight shipments. This is the basis of the argument.

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Price Reduction Expense Reduction Inventory Reduction Strategy 62

Blue Grace Logistics

JUNE 13, 2022

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. More Hurricanes.

Inventory Reduction 62

Inventory Reduction Cost Reduction Resource Reduction Price Reduction 62

The Logistics of Logistics

JULY 25, 2020

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. Learn More About Dynamic Pricing is Transforming Logistics.

Price Reduction 275

Price Reduction Logistics Network Optimization Software Logistics eCommerce 275

GoShip Blog

AUGUST 4, 2020

Creating and sticking to the right truckload shipping strategy can enhance your overall efforts, save money, and increase profitability. Generally, truckload shipping strategies are created to make your freight more attractive to carriers, reduce costs, decrease risks and claims , and increase overall shipping efficiency.

Resource Reduction 86

Resource Reduction Price Reduction Cost Reduction Strategy 86

EazyStock

MARCH 14, 2023

The right purchasing and logistics strategies give companies an edge during these unique, uncertain times and, during the return “to normal,” a greater competitive advantage and continued growth. Rapid cost increases, interest rate hikes and reduced demand require more effective inventory management and forecasting attention.

Inventory Reduction 52

Inventory Reduction Price Reduction Cost Reduction Waste Reduction 52

Logistics Viewpoints

DECEMBER 13, 2023

Christmas tree prices are rising. The majority of experts agree that natural Christmas tree prices will be about 10 to 15 percent higher this year than last year. For many families, the ongoing higher prices have made them at alternatives, such as artificial trees. Of the 94 million U.S. Otherwise, you may be stuck.

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Price Reduction Expense Reduction Cost Reduction Availability 153

WorkWave

NOVEMBER 6, 2023

In this blog post, we will delve into the intricacies of order management, the role of an Order Management System (OMS), what happens after checkout and how to master your order management strategy with the help of cutting-edge order management systems and order management software. What Is Order Management?

Inventory Reduction 52

Inventory Reduction Price Reduction Cost Reduction Ordering 52

GoShip Blog

FEBRUARY 7, 2023

Over the years, marketing strategies have evolved with the times, the advent of technology, and changes in consumer behavior. Why a Solid Marketing Strategy is Important A marketing strategy refers to a business’s action plan for achieving its short and long-term goals and developing a sustainable competitive advantage.

Waste Reduction 52

Waste Reduction Price Reduction Resource Reduction Expense Reduction 52

ShipLilly

JUNE 28, 2021

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. Price has typically remained a point of dispute, and for that reason, companies need to re-evaluate the return policies they have in place.

Vendor Strategies 98

Vendor Strategies Cost Reduction Expense Reduction Inventory Reduction 98

Morai Logistics

JUNE 10, 2020

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. Renegotiate Supplier Agreements. Collaborate.

Price Reduction 88

Price Reduction Cost Reduction Supply Chain Planning Software Supply Chains 88

247 Customs Broker

MARCH 4, 2020

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.

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Price Reduction Strategy How To Production 36

EazyStock

FEBRUARY 17, 2021

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. Can a longer lead time be covered by safety stock in order to negotiate a lower unit price?

Inventory Reduction 75

Inventory Reduction Material Savings Price Reduction Cost Reduction 75

Logistics Viewpoints

OCTOBER 18, 2024

Successive governments have determined that applying zero duty on wine is the best strategy to help winemakers keep producing and selling. It may seem like a small detail, but wine has multiple component costs that affect the total price—such as production, land, labor, and oak barrels. Descartes’ CEO Edward J.

Supply Chain Planning Software 134

Supply Chain Planning Software Supply Chain Software Supply Chains Inventory Reduction 134

MTS Logistics

APRIL 5, 2023

Earlier this week, OPEC+ announced a significant production cut of the world’s oil output. The cut, announced Monday, means OPEC+ will produce about 1 million fewer barrels of oil a day. Here’s why: in general, oil production levels directly affect tanker shipping prices.

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Price Reduction Production Industry Maintainability 81