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

The Logistics of Logistics

SEPTEMBER 15, 2023

About Jonathon McKay Jonathon McKay is a highly experienced partner at PATH specializing in exceptional growth strategies for the supply chain industry. With over 15 years of expertise, Jonathon leverages customer insights, market trends, and employee engagement to drive success. Note: PATH stands for “People are the How.”

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Price Reduction Workshop Supply Chains Scenario Planning 335

SYSPRO Smarter ERP

MAY 2, 2024

ERP trends 2024 – achieving business success through the use of innovative technologies Now that Artificial Intelligence and Machine Learning are firmly established, we expect to see a massive take-up of these technologies by manufacturers in 2024. The other emerging area around AI in ERP focuses on trend analysis and forecasting.

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ERP Supply Chain Planning Software Modeling Software Optimization Software 52

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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Blue Grace Logistics

APRIL 1, 2024

It can be a direct reflection of current market trends, as many publicly traded companies operate within the global supply chain. In an era where resilience and adaptability are key to survival, technology has become the bedrock upon which supply chain professionals build their strategies.

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Freightos

FEBRUARY 28, 2024

Traditional fixed-price contracts, once the bedrock of stability, are yielding to the pressures of market dynamism, unable to keep up with the factors impacting the markets. The pivot towards index-linked contracts and Forward Freight Agreements (FFAs) is not merely a trend but a strategic recalibration towards agility and resilience.

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Negotiating Skills Price Reduction Vendor Strategies Optimal Sourcing 62

GlobalTranz

SEPTEMBER 13, 2018

The path to perfect implementation of a new e-commerce shipping strategy is not always clear, and it comes with several challenges that can undermine the efficacy and cost-effectiveness of e-commerce. WHITE PAPER] The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018. Channel-specific processes. Increased risk.

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Ship Monk

JANUARY 9, 2024

We can’t predict when joggers will go out of style (never, we hope) but we are pretty good at predicting ecommerce trends. Here are a few of the trends we think are going to be big in 2024. In 2024, we expect to see more brands moving from a multichannel strategy to create an omnichannel experience for their customers.

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FreightWaves SONAR

FEBRUARY 29, 2024

Housing starts are calling for lumber kits, industrial purchasers are ordering products for their projects, and construction companies are planning their moves and strategies for the year. Finance, sales and purchasing teams can think more clearly about the state of the industry and how to align their strategies accordingly.

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GlobalTranz

OCTOBER 11, 2018

The importance of an omnichannel supply chain strategy cannot be overstated. What’s Wrong With Omnichannel Supply Chain Strategy and Customer Service? Poor performance of new offerings leads to reduced profitability, reports McKinsey & Company. Shoppers see better pricing of products and added savings.

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Logistics Problem Solving

JUNE 30, 2017

Logistics strategy has evolved over the past few years. After the great recession, carriers took a serious look at costs and started to rationalize their pricing. This put a lot of pressure on shippers as the old strategy of yelling louder at their carrier was no longer effective to reduce costs.

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GoShip Blog

JANUARY 19, 2024

Fuel Costs : Fuel prices are a significant component of truck freight rates. As fuel prices rise, so do transportation costs, making this a variable that shippers and carriers closely monitor. These seasonal trends can significantly impact freight rates. Longer routes generally mean higher costs.

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CLX Logistics

AUGUST 23, 2023

The Houston team, which includes an international sales manager and an international pricing expert, is equipped to support all of CLX’s services, from managed logistics to their TMS program. Listen Now: < [link] > The post Canadian Logistics: Port Issues & Labor Trends appeared first on CLX Logistics, LLC.

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Logistics Problem Solving

JUNE 30, 2017

Logistics strategy has evolved over the past few years. After the great recession, carriers took a serious look at costs and started to rationalize their pricing. This put a lot of pressure on shippers as the old strategy of yelling louder at their carrier was no longer effective to reduce costs.

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Resource Reduction Cost Reduction Price Reduction Strategy 48

Talking Logistics

JUNE 4, 2018

With the increased cost of moving goods, food and beverage companies are being forced to increase the price of their products to maintain their profit margins. But in a world of heightened competition and rapidly-shifting consumer demand, increasing price carries its own risks. So why are transportation costs increasing?

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FreightWaves SONAR

APRIL 1, 2021

Many LTL industry trends, including capacity limitations, increasing accessorials, surcharge rates, changes in market trends and buying patterns, are almost certain to continue through 2021 and for some time to come. That gave rise to a new time pricing strategy, dimension (DIM) pricing. . Download the White Paper.

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Logistics Viewpoints

JUNE 1, 2023

That’s why staying on top of the latest supply chain planning trends is so important – they can make all the difference when it comes to staying competitive, reducing costs, and meeting your customers’ needs. Here are some highlights from these trends in 2023 and implications on supply chain planning.

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Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Scenario Planning 115

GlobalTranz

SEPTEMBER 12, 2018

To achieve lasting success, shippers need to understand how e-commerce shipping strategies are quintessential steps in this process. WHITE PAPER] The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018. An Effective E-Commerce Shipping Strategy Mitigates Losses From the “Retail Apocalypse.”

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The Logistics of Logistics

AUGUST 28, 2023

Throughout her career, Sarah has been recognized for developing and executing sales strategies that help clients choose the best products for their needs. DAT.com provides real-time information on trucking rates, capacity, and market trends, allowing users to make informed decisions. The Greenscreens.ai

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GlobalTranz

MARCH 23, 2018

Amazon acquired Whole Foods and dropped the price of Prime Pantry through Prime Perks. Walmart has a different approach, and in several ways, Walmart is positioning itself to best Amazon in e-commerce through an innovative, omnichannel return strategy. Download white paper. Precursor 1: Sam’s Club Closings Reveal an Ulterior Motive.

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CH Robinson Logistics

MARCH 12, 2020

Using technology to drive strategy and improve performance—and ultimately create financial value—is top of mind for shippers today managing complex global supply chains. A key component of this technology trend is the need for a supply chain visibility platform. Gartner research on real-time visibility.

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Supply Chain Design Software Supply Chain Planning Software Vendor Strategies Inventory Reduction 62

Blue Grace Logistics

JULY 5, 2022

Bobby Harris speaks to nearshoring, consumer demand trends and how fuel costs hit home. Simultaneous phenomena have pushed the prices of goods and services to new highs. The consumer price index for the Tampa-St. The national average price of diesel last week was $5.70, which is an all time high. Henry Queen, Reporter.

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3PL Links

DECEMBER 28, 2023

Top Game-Changing Logistics Trends for 2024: Redefining Global Supply Chains | Image source: Flickr Understanding logistics trends is essential for business, and trend research may help organizations of all sizes predict changes, spot areas for innovation, and remain relevant in a market that is becoming more and more competitive.

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Supply Chain Planning Software Supply Chain Software Sourcing Strategies Trends 48

Logistics Viewpoints

DECEMBER 2, 2021

Importers will look for near-term strategies to move their shipments away from congested trade lanes or process containers further inland to minimize the impact of lead time variability that has dramatically increased in 2021. Online buying will fuel home delivery growth, challenges and new strategies.

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Logistics Bureau

SEPTEMBER 4, 2023

If your business is experiencing a persistent reduction in profit margins, analysing your cost to serve is an advisable step in diagnosing the causes. Process Performance What if the problem isn’t connected to products, customers, or pricing but lies instead with process performance? Are Your Profit Margins Declining?

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Negotiating Skills Purchasing Skills Cost Reduction Analysis 89

Supply Chain Brain

FEBRUARY 5, 2018

Well over half of Black Friday shoppers visited brick-and-mortar stores in 2017, according to Deb Gabor, chief executive officer of Sol Marketing , a brand strategy consultancy. As Amazon has shown, e-tailers can play the brick-and-mortar game, too, while combining that strategy with their mastery of online merchandising.

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Price Reduction Cost Reduction Strategy Buyer Training 40

CH Robinson Logistics

FEBRUARY 10, 2022

Making the most out of today’s challenging supply chain trends requires a deep understanding of the market and timely information that helps you achieve a competitive advantage. Q1 2022 Supply Chain Trends and Hot Topics. The first is pricing, especially the record rates within the international supply chain. How is C.H.

Supply Chain Planning Software 101

Supply Chain Planning Software Supply Chains Trends Price Reduction 101

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. ” This means knowing how a carrier or shipper approaches freight pricing.

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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.

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Freightos

NOVEMBER 15, 2023

More Resources Home November 15, 2023 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market. Europe prices (FBX11 Weekly) increased 11% to $1,381/FEU.

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Price Reduction Negotiating Skills Vendor Strategies Resource Reduction 105

Locus

JUNE 16, 2023

Fuel costs: Last-mile fuel costs require careful management as they make up 25% of a truck’s operational costs over volatile price fluctuations. A recent analysis by the American Trucking Associations (ATA) indicates that if existing trends persist, we could see a potential driver shortage reaching up to 175,000 by 2024.

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Cost Reduction Expense Reduction Inventory Reduction Price Reduction 98

Now, That's Logistics

FEBRUARY 15, 2022

Damas goes on to say that ocean freight rates will not normalize until the systemic market disruptions in container shipping, caused by the pandemic, are significantly reduced. Matching capacity to need is going to be the key concern for shippers in 2022—almost regardless of price.”. Strategic Maneuvering. DB Schenker. “As

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Now, That's Logistics

JULY 5, 2023

As a seasoned professional with 30+ years of experience in this ever-evolving sector, I am excited to share my industry insights and provide commentary on the latest news and trends shaping the landscape. On the green side of the house, an impressive consensus of 94% expressed that their top priority for 2024 is to actively reduce emissions.

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Cost Reduction Price Reduction Supply Chain Planning Software Supply Chain Software 145

Freightos

JANUARY 15, 2024

It may be off a lower-than-normal base price but for importers and exporters suffering from lower sales, it’s almost certainly troubling news. The decrease in logistics costs led 35% of importers to lower their product prices, possibly contributing to the easing of inflation rates.

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GoShip Blog

DECEMBER 22, 2022

With the hurdles of 2022 behind us, here are logistics trends 2023 you can expect in the coming year. As a business owner, keeping an eye on this logistics trend concerning the sustainability and eco-friendliness of your logistics solutions will do you a world of good. Rising diesel prices. Environmental Regulations.

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Logistics Network Optimization Software Trends Supply Chain Software Price Reduction 52

GlobalTranz

JANUARY 16, 2018

The US energy industry is also awaiting changes in basic operating procedures, which are expected to dramatically reduce energy costs. Supply chain executives need to take a few moments to learn more about the top 2018 manufacturing trends that will make it possible. Check Out the Top 2018 Manufacturing Trends.

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EazyStock

JANUARY 27, 2021

2021 Supply Chain and Inventory Management Trends for the US. Here we are, one year later, trying to determine the 2021 supply chain and inventory management trends to adopt. With that in mind, here are a few trends for 2021 that could help your business outlast the pandemic: Supplier Diversification. Automation.

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