Freightos

SEPTEMBER 8, 2020

Just take a look at pricing fluctuations for Suntory’s Yamazaki 12 Year Old. But decisions about how many barrels to produce or how many ships to sail have to be made in advance. Their “overperformance” quickly prompted accusations of profiteering or price manipulation, and even a couple government inquiries.

Purchasing Skills 87

Purchasing Skills Price Reduction Freight Supply Chain Software 87

Logistics Viewpoints

SEPTEMBER 30, 2022

First, consumers are increasingly concerned about the environment and are more willing than ever to act to protect it. Second, the pandemic kicked online buying and home delivery into “high gear” as many consumers embraced its convenience and dramatically expanded the scope of their online purchasing.

Eliminating Excel in Purchasing 131

Eliminating Excel in Purchasing Cost Reduction Purchasing Skills Resource Reduction 131

Logistics Viewpoints

SEPTEMBER 1, 2023

As Labor Day approaches, I can only think about kids going back to school. And when I think of going back to school, I think of a rite of passage that most kids enjoyed: watching the Price is Right on a sick day. Earlier this week, longtime host of the Price is Right, Bob Barker, passed away at the age of 99.

Logistics Network Optimization Software 134

Logistics Network Optimization Software Purchasing Skills Negotiating Skills Price Reduction 134

Logistics Business Magazine

DECEMBER 8, 2021

A poll* by intralogistics innovator Dematic has found that while shopping on the net is becoming far more popular, almost three out of five shoppers (58%) are put off buying clothes online if asked to cover the shipping costs for a delivery or return.

Purchasing Skills 59

Purchasing Skills Procurement Solutions Survey Logistics Network Optimization Software 59

Logistics Viewpoints

APRIL 26, 2022

As more consumers flock to e-commerce, purchasing big & bulky goods such as furniture, appliances, and wholesale electronics online is becoming more common. Big & bulky good s are not usually delivered to the purchaser’s front door since they frequently require installation or white glove delivery inside the home.

Supply Chain Planning Software 115

Supply Chain Planning Software Optimization Software Supply Chain Software Logistics Network Optimization Software 115

Logistics Viewpoints

OCTOBER 14, 2022

Retailers are racing to tap seasonal demand as they struggle to reduce bloated inventories, and they have little choice but to offer price cuts in stores and online to entice consumers who have been hammered by this year’s surge in inflation. Amazon abandons autonomous home-delivery robot. And now, on to this week’s logistics news.

Supply Chain Planning Software 114

Supply Chain Planning Software Purchasing Skills Logistics Network Optimization Software Sourcing Strategies 114

Logistics Viewpoints

JULY 6, 2022

I did a little digging to find out the specifics about excess inventory, the stated causes, and the potential implications. Furthermore, Target stated “ Apparel, Home and Hardlines, we saw a rapid slowdown in the year-over-year sales trends beginning in March, when we began to annualize the impact of last year’s stimulus payments.

Inventory Reduction 155

Inventory Reduction Inventory Purchasing Skills Optimal Sourcing 155

MTS Logistics

APRIL 27, 2020

It is a trick made possible by “derivatives”, contracts in which an agreement is made for future delivery at a predetermined price. If the value falls below this price, the seller earns, and if vice versa, the buyer gains. This introduction is necessary to understand what is happening and why oil prices went below zero.

Price Reduction 56

Price Reduction Purchasing Skills Expense Reduction Cost Reduction 56

Logistics Viewpoints

NOVEMBER 17, 2022

Beer and food industries are particularly affected by the shortages of aluminum cans as most customers prefer take-home packaging. For reference, the production of 1 ton of ingot takes about fourteen megawatt-hours of energy – typically enough to power a mid-size home for a year.

Packaging 136

Packaging Manufacturing Procurement Optimal Sourcing GEP 136

Logistics Viewpoints

APRIL 28, 2023

While it was a bit tough to jump right back into the swing of work, I saw an interesting article about workplace conditions when I got back. Annual rate hikes taking hold and fuel surcharges not declining as sharply as fuel price indices over the past year contributed to the higher costs. percent for Q4. percent for Q4.

Material Savings 122

Material Savings Purchasing Skills Manufacturing Procurement Sourcing Strategies 122

Ship Monk

DECEMBER 15, 2023

Because the Covid pandemic caused such a huge ripple in the economy, questions remain about the future of brick-and-mortar retail vs. online shopping. Much ado has been made about inflation, and its probable effect on consumer spending. Will consumers be reluctant to use credit cards for holiday purchases? What Have You Learned?

Purchasing Skills 64

Purchasing Skills Material Savings Supply Chain Planning Software Procurement Analytics 64

Ship Monk

JULY 19, 2022

Running an eCommerce business forces you to become an expert at a lot of things, but estimating shipping costs isn’t the best way to spend your time. Factors That Determine Shipping Costs. Optional or unexpected services as well as carrier surcharges might add to the cost. Dimensional Weight . Delivery Times.

eCommerce 52

eCommerce Purchasing Skills Cost Reduction Material Savings 52

Logistics Viewpoints

AUGUST 22, 2022

Walmart has about $1.5 Categories with excess inventory include apparel, electronics, and home and sporting goods. To cut the inventory, the company has slashed prices on overstocked items. LIFO matches the rising price to acquire inventory against revenues. Consumers also shift to buying lower cost private brands. “As

Supply Chain Planning Software 115

Supply Chain Planning Software Supply Chain Software Supply Chains Purchasing Skills 115

ShipLilly

OCTOBER 26, 2021

It then becomes a sellers’ market where transport costs continue to rise as ship operators leverage their superior position. It brought a standstill to some operations and many staff members in the shipping industry were affected as purchasing patterns changed. Reality of escalating transportation costs.

Cost Reduction 98

Cost Reduction Purchasing Skills Inventory Reduction Transportation 98

Logistics Viewpoints

DECEMBER 1, 2022

The only bright note is that shipping costs will be a fraction of what they were over the last several years. Source: Descartes Datamyne. Theme 2: Online buying will fuel home delivery growth, challenges and new strategies. 2030 call: Retailers will embrace sustainability for home delivery. Figure 1: U.S.

Cost Reduction 119

Cost Reduction Resource Reduction Supply Chain Planning Software Logistics Network Optimization Software 119

Logistics Viewpoints

MARCH 8, 2021

Using this software effectively is about more than the functionality. Mr. Frasquet is the executive director of corporate procurement, although his responsibilities include a much broader set of supply chain responsibilities than just sourcing. In some of the larger cities they serve there are addresses for all homes.

Supply Chain Design Software 153

Supply Chain Design Software Supply Chain Planning Software Supply Chain Transformation Supply Chain Software 153

The Logistics of Logistics

AUGUST 28, 2020

About AJ Khanijow. About Fulfyld. Fulfyld’s unique service offering includes the technology and customer service required by direct to consumer brands along with deep expertise in value-added services, product sourcing, and packaging that enables them to become an extension of their customer’s supply chain. AJ Khanijow.

eCommerce 284

eCommerce Supply Chain Planning Software Manufacturing Procurement Logistics Network Optimization Software 284

10xLogistics

MARCH 29, 2013

We have heard of crowd sourcing when it comes to many areas and specifically, mostly, in IT work. Think "open-source" type work. Another big area where this is popular is in crowd source funding where just about everyone can be a mini bank and provide micro loans to entrepreneurs. Wal-Mart gives you a $10.00

Purchasing Skills 67

Purchasing Skills Sourcing Strategies Sourcing Logistics Network Optimization Software 67

LandLink

OCTOBER 18, 2018

Truckers are considering adopting a demand-based pricing algorithm very much like the Uber system. Pricing for transportation services will fluctuate on any given day based upon shipper demand. Transportation prices have been rising every quarter for the last couple of years. But the current pricing environment is here to stay.

Purchasing Skills 48

Purchasing Skills Packaging Freight Tips 48

EazyStock

APRIL 18, 2023

High inflation rates are seeing price increases for everything from products and components to commodities and utilities, creating a global cost of living crisis. Consequently, this means that they aren’t spending money, which should trigger demand fall, which should result in costs falling. Higher costs of storage.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Inventory Reduction Optimal Sourcing 52

World Food Programme Logistics

JULY 11, 2019

to organize skills trainings. From May 2018 to June 2019, WFP provided more than US $3 million in funding to ACTED to help support agricultural cooperatives and community groups with training and equipment, teaching them new skills to boost their productivity. Women attend a community group meeting. or “self-help” groups?—?to

Buyer Training 40

Buyer Training Purchasing Skills Food and Agriculture Training 40

Logistics Viewpoints

APRIL 14, 2023

And now, as the company continues to look at ways to cut costs, it has instituted a new fee for some returns when using a UPS Store. Previously, customers could drop off non-defective or undamaged items at UPS Stores without any cost. TAI) announced a power purchase agreement (PPA) to support a 168-acre, $49 million solar project.

Logistics Network Optimization Software 123

Logistics Network Optimization Software Cost Reduction Inventory Reduction Manufacturing Procurement 123

Logistics Business Magazine

OCTOBER 12, 2022

Focusing on sustainable home delivery will generate greater sales and more profitable operations, explains Chris Jones, EVP, Descartes. First, consumers are increasingly concerned about the environment and are more willing than ever to act to protect it. Isn’t home delivery supposed to be the antithesis of sustainability?

Eliminating Excel in Purchasing 67

Eliminating Excel in Purchasing Cost Reduction Purchasing Skills Procurement Analytics 67

Logistics Viewpoints

MAY 17, 2021

NBG Home Uses a Software Solution from CommerceIQ. NBG Home has implemented a solution from CommerceIQ to increase sales in their indirect channels. NBG Home is one of the largest home decor manufacturing companies and importers in the world. The company combines domestic manufacturing with global sourcing.

Supply Chain Planning Software 95

Supply Chain Planning Software Supply Chain Software Optimal Sourcing eCommerce 95

Logistics Viewpoints

OCTOBER 6, 2022

The last mile is typically the most expensive leg of the entire supply chain, accounting for 53% of overall shipping costs. Product and price are no longer the only considerations to winning sales and delighting consumers. Last-mile logistics enable brands to get their products to consumers quickly and cost-effectively.

Procurement Solutions 96

Procurement Solutions Expense Reduction Purchasing Skills Manufacturing Procurement 96

The Logistics of Logistics

APRIL 20, 2022

About Ben Gordon. 3PLex was then purchased by Maersk. About Logistics Coalition. Millions of people (and counting) have become refugees or have been forced to leave their homes. The successes include: 7,500 boots sourced and delivered. Learn More About Urgent – The Ukraine Logistics Coalition.

Logistics Network Optimization Software 273

Logistics Network Optimization Software Supply Chain Software Logistics Supply Chains 273

The Logistics of Logistics

JANUARY 4, 2021

About Mike Bradburn. All the while, Mike would purchase old fixer-upper homes and remarket them – long before it was the chic thing to do! Mike also worked on several of his own real estate projects including building an office and retail complex, 28 luxury condominiums, a mini-storage facility, and a few residential homes.

eCommerce 195

eCommerce Manufacturing Procurement Logistics Network Optimization Software Temperature 195

Logistics Viewpoints

DECEMBER 1, 2023

million shoppers and the NRF’s forecast for about 182 million people during the five-day weekend. The top gifts were clothes and accessories, which about half of those surveyed purchased, and toys, which nearly a third of people surveyed bought. The turnout topped last year’s figure of 196.7 million this year, up from 130.2

Supply Chain Planning Software 139

Supply Chain Planning Software Cost Reduction Logistics Network Optimization Software Food and Agriculture 139

Logistics Business Magazine

NOVEMBER 13, 2022

One of the key findings of Descartes’ recent study of consumer sentiment of sustainable home delivery practices was that consumers have different delivery expectations when it comes to sustainability. Moreover, the great news about the delivery options favoured by consumers is that they are all lower cost alternatives.

Purchasing Skills 58

Purchasing Skills Study Cost Reduction Purchasing 58

WorkWave

MARCH 27, 2023

Time To Read: 5 minutes Dealing with pests in your home or business can be a frustrating experience. This blog discusses pest control products, their benefits, safety, and purchasing options from certified companies. It’s cost-effective. Next, we’ll explore the potential benefits of using chemicals to eradicate pests.

Procurement Solutions 52

Procurement Solutions Purchasing Skills Optimization Software Expense Reduction 52

3PL Links

JANUARY 29, 2024

Furthermore, extra costs like the transaction fee and currency conversion fee could be included in exchange rates. These costs can add up and have an impact on both the customer’s final product pricing and the company’s profit margin.

Purchasing Skills 48

Purchasing Skills Cost Reduction Logistics Network Optimization Software Sourcing Strategies 48

Logistics Viewpoints

AUGUST 28, 2023

After 14 years as a dedicated employee of UPS, I can’t believe my husband has to worry about his safety at work. UPS: We know you care about your service, now show us that you also care about your people. No one should have to go to work not knowing if they are going to make it home.”

Temperature 111

Temperature Purchasing Skills Procurement Analytics Purchasing 111

Logistics Business Magazine

AUGUST 11, 2023

Even though many ecommerce merchants use data-backed buying personas, that provide insight into the purchasing decisions of their customers, many are only truly starting to get to grips with the next part associated with buying personas – and that is appreciating that consumers have delivery personas too. What about Millennials and Boomers?

Groups 57

Groups eCommerce Purchasing Skills Procurement Analytics 57

Ship Monk

MARCH 30, 2024

That’s what ShipMonk is all about, so if you’ve been searching for an ecommerce fulfillment partner, or a less-limiting 3PL, take a look at these 7 key reasons why ShipMonk is the 3PL of choice for evolving ecommerce brands. It’s quick, it’s cost-effective, and it’s easy to implement.

3PL 84

3PL Supply Chain Design Software Optimization Software Supply Chain Software 84

Logistics Viewpoints

APRIL 30, 2021

As I wrote about two weeks ago, Domino’s is now partnering with Nuro in Houston to make robocar deliveries. Truck driving shortage impacting cost of goods. The figure includes Panasonic’s purchase of the remaining 80 percent of shares in Blue Yonder for $5.6 billion, plus debt repayment. That’s all for this week.

Logistics Network Optimization Software 152

Logistics Network Optimization Software Supply Chain Planning Software Waste Reduction Cost Reduction 152

TransAudit

MARCH 15, 2023

Early 2022 was a time of incredibly high trucking demand and prices to match. In general, spot prices have been falling for several months in a row. The cost is still lower than it was a few months ago — $2.42 Recently, the American Trucking Association reported that there were about 3.5 in February compared to January.

Industry 67

Industry Trucking Purchasing Skills Trends 67

Logistics Viewpoints

OCTOBER 20, 2021

In our conversation, Ken spoke about some of the findings from a recent survey Logistyx conducted on cross-border holiday spending, as well as some larger trends around the state of parcel shipping. As everyone began working from home, and shopping from home, the e-commerce response was the reverse: it surged.

Logistics Network Optimization Software 115

Logistics Network Optimization Software Supply Chain Software Manufacturing Procurement Cost Reduction 115