Logistics Bureau

SEPTEMBER 3, 2024

It’s about assessing the costs your suppliers incur when delivering to your business, which can significantly impact your strategy, pricing, and overall efficiency. By understanding these costs, you can make informed decisions that enhance supplier relationships and optimize your operations. Watch the video below!

Negotiating Skills 75

Negotiating Skills Cost Reduction Negotiate Pricing Price Reduction 75

MTS Logistics

FEBRUARY 26, 2024

In this article, we define five advantages that will transform the future of freight forwarding. Well, a freight forwarder negotiates rates on your behalf, knowing the market. This allows more allocation as a booking agent, having prices that are more accessible, too.

Freight forwarding 111

Freight forwarding Negotiating Skills Freight Negotiate Pricing 111

Ship Monk

JULY 7, 2022

For suppliers and merchants, however, setting a minimum order quantity for your goods can mean the difference between losing money and making a profit on each sale. This article will define minimum order quantity, show you some examples, and help you decide if it’s the right strategy for the type of items you sell online.

Purchasing Skills 98

Purchasing Skills eCommerce Ordering Negotiating Skills 98

10xLogistics

FEBRUARY 22, 2013

I wrote back in January, embedded in another article about why people should do "should cost" modeling prior to negotiating rates. This has caused me to do a lot more thinking about this topic and after doing some analysis I have come to the realization this is the best way to get to what the true cost of freight should be.

Negotiating Skills 54

Negotiating Skills Cost Reduction Modeling Negotiate Pricing 54

Blue Grace Logistics

SEPTEMBER 21, 2021

What’s in this article: What is a capacity crunch? Our economy relies on the transportation of goods and materials to connect suppliers with manufacturers, manufacturers with retailers, and retailers with consumers. To avoid problems with suppliers in times of capacity shortage, an inventory strategy is helpful. Inventory .

Material Savings 62

Material Savings Capacity Optimal Sourcing Inventory Reduction 62

Logistics Bureau

APRIL 8, 2016

Supply chain costs often represent a considerable percentage of the sales price of a good or service. Running a spend analysis is the first step to understanding what you are spending, and therefore where you might look for savings. Retail Suppliers: best in class <5.8% industry average 8.6%.

Cost Reduction 61

Cost Reduction Material Savings Inventory Reduction Price Reduction 61

Turvo

FEBRUARY 9, 2021

This is where freight data recording and analysis can help with the supply chain’s internal adding value. . It’s been said that there are two ways to increase profits: raise prices or reduce expenses. This becomes best accomplished by taking advantage of freight data analysis. Use data to guide new bidding processes.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Data Negotiating Skills Supply Chain Planning Software 52

Logistics Bureau

MAY 8, 2023

That’s the first big mistake I want to address in this article, after which I’ll share information about ten other freight management mistakes we commonly see at Logistics Bureau while working with clients on supply chain improvement. 1: The Mistake of Minimalist Freight Management So, what about this minimalist management issue?

Negotiating Skills 52

Negotiating Skills Cost Reduction Resource Reduction Price Reduction 52

Logistics Bureau

JANUARY 1, 2025

ABC Analysis: A form of Pareto analysis applied to a group of products to enable selective inventory management controls. ABC Classification: The classification of inventory, after ABC analysis, into three basic groups for the purpose of stock control and planning.

Supply Chain Planning Software 76

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 76

Logistics Bureau

MAY 24, 2019

per chip were bearable for units selling for $100, but the price of the new chip was a fraction of that, at about $20. Aside from having too many disparate and redundant processes, the company had multiple IT solutions, none of which provided a holistic view of the supply chain or supported focused analysis. Procurement analysis.

Cost Reduction 77

Cost Reduction Inventory Reduction Expense Reduction Price Reduction 77

Logistics Bureau

JANUARY 14, 2025

The Factory Gate Pricing (FGP) and Primary Freight (PF) strategies, as adopted by major grocery retailers, are causing a shudder up the spine of many retail suppliers. What are Factory Gate Pricing and Primary Freight strategies? Under the FGP and PF models, the retailers collect the products from the suppliers factory gate.

Price Reduction 75

Price Reduction Cost Reduction Sourcing Strategies Negotiate Pricing 75

Logistics Viewpoints

DECEMBER 12, 2024

Strategy: Reshoring production, regionalizing supply chains, or finding alternative suppliers are among the strategies available to mitigate the impact of tariffs on intermediate goods. For instance, a country can negotiate preferential trade agreements with its trading partners, thus enjoying lower tariffs.

Optimal Sourcing 105

Optimal Sourcing Material Savings Cost Reduction Price Reduction 105

Talking Logistics

DECEMBER 20, 2017

Mexico and Canada are heading into 2018 with no clear plan for saving the North American Free Trade Agreement,” states a Bloomberg article published on December 15. Oil Prices : At the beginning of 2017, the price of Brent crude oil was $56.86 Today the price is $63.88 Today the price is $63.88 per barrel.

Supply Chain Design Software 83

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 83

Material Handling and Logistics

OCTOBER 26, 2018

NOTE: Ron Giuntini also participated in the roundtable, but his contribution on the servitization trend will appear in a separate article. . In the world of economics, articles abound regarding the controversial issue of whether in the future the U.S. The method uses a NIST-designed artifact, optical tracking, and an analysis method.

Supply Chain Design Software 89

Supply Chain Design Software Supply Chain Software Inventory Reduction Supply Chain Planning Software 89