Freightos

OCTOBER 15, 2024

Blog " * " indicates required fields Email * Name This field is for validation purposes and should be left unchanged. Europe prices (FBX11 Weekly) fell 11% to $3,625/FEU. Asia-Mediterranean prices (FBX13 Weekly) fell 8% to $4,118/FEU. America weekly prices decreased 23% to $5.43/kg. China – N.

Price Reduction 77

Price Reduction Cost Reduction Expense Reduction Resource Reduction 77

Logistics Viewpoints

DECEMBER 15, 2022

For companies that want to go beyond the traditional spreadsheet, which cannot handle this ocean of information efficiently, statistical methods such as cluster analysis can help. What is Cluster Analysis? Cluster analysis is a statistical umbrella term for methods that classify data points according to their attributes.

Optimal Sourcing 102

Optimal Sourcing Analysis Procurement Analytics Purchasing Skills 102

Logistics Bureau

JULY 21, 2017

At the next Logistics Bureau Free Executive Breakfast (which will take place in August), I’ll be discussing the alignment of supply chain and business strategy along with eight other important levers for supply chain performance improvement. The Failing Kmart Business Strategy. The first Kmart store opened way back in 1962.

Cost Reduction 68

Cost Reduction Inventory Reduction Price Reduction Vendor Strategies 68

Logistics Bureau

DECEMBER 7, 2024

Every shippers challenge in freight cost reduction is likely to be unique, but the following ten ideas might provide some inspiration when youre seeking ways to move more for less. In these cases, customers can benefit too, by reducing the number of inbound shipments they need to handle.

Cost Reduction 97

Cost Reduction Expense Reduction Price Reduction Negotiating Skills 97

MTS Logistics

OCTOBER 19, 2022

We take a look at these questions and more in this blog post. Falling domestic prices will make U.S. The congestion in ports has started to ease gradually and the chances for exporters to find reservations and load at more competitive prices will increase. The Logistical Position. Despite increasing their capacity, U.S.

Analysis 105

Analysis Price Reduction Freight forwarding Cost Reduction 105

Log-hub

FEBRUARY 12, 2025

In our previous blog, we explored how matrices enhance supply chain efficiency, from inventory management to logistics. By leveraging these technologies, businesses can optimize operations, reduce costs, and make smarter, data-driven decisions. This reduces last-minute disruptions and improves overall supply chain resilience.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Optimal Sourcing 52

Freightos

NOVEMBER 7, 2023

Blog " * " indicates required fields Email * Phone This field is for validation purposes and should be left unchanged. Asia-US East Coast prices (FBX03 Weekly) climbed 7% to $2,357/FEU. Europe prices (FBX11 Weekly) increased 18% to $1,249/FEU. Asia-Mediterranean prices (FBX13 Weekly) increased 13% to $1,551/FEU.

Negotiating Skills 133

Negotiating Skills Price Reduction Vendor Strategies Cost Reduction 133

Freightos

NOVEMBER 15, 2023

Blog " * " indicates required fields Email * Email This field is for validation purposes and should be left unchanged. Asia-US East Coast prices (FBX03 Weekly) climbed 3% to $2,421/FEU. Europe prices (FBX11 Weekly) increased 11% to $1,381/FEU. Asia-Mediterranean prices (FBX13 Weekly) climbed 1% to $1,551/FEU.

Price Reduction 118

Price Reduction Negotiating Skills Vendor Strategies Resource Reduction 118

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

Freightos

NOVEMBER 28, 2023

Blog " * " indicates required fields Email * Phone This field is for validation purposes and should be left unchanged. Asia-US East Coast prices (FBX03 Weekly) fell 1% to $2,362/FEU. Europe prices (FBX11 Weekly) fell 6% to $1,211/FEU. Asia-Mediterranean prices (FBX13 Weekly) were level at $1,492/FEU.

Negotiating Skills 112

Negotiating Skills Price Reduction Vendor Strategies Resource Reduction 112

GlobalTranz

APRIL 20, 2021

Large companies with a supply chain risk strategy already in place couldn’t fully cope with the impact of the pandemic. It’s the result of a deliberate strategy that may require tradeoffs compared to other approaches. This strategy requires greater investment and inventory carrying costs but enables continued production.

Supply Chain Planning Software 115

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

FreightWaves SONAR

JANUARY 25, 2021

For managers in the transportation industry, freight load pricing accuracy remains a source of confusion and disruption. The best and only successful way to overcome flawed data analysis is to use effective technology. Making the most of freight management and data analysis services will represent a key focus in the years ahead.

Price Reduction 86

Price Reduction Data Supply Chain Software Supply Chain Planning Software 86

Logistics Bureau

MAY 31, 2021

Let’s begin with a look at why, in general, retailers with multiple sales channels are more likely to experience difficulties in reducing cost-to-serve. Again, these are changes that can add to your cost-to-serve, and, during your transition, you might not have had time to look for ways to reduce expenditure. Rework – due to errors.

Cost Reduction 98

Cost Reduction Purchasing Skills Expense Reduction Inventory Reduction 98

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.

Cost Reduction 98

Cost Reduction Expense Reduction Inventory Reduction Price Reduction 98

SYSPRO Smarter ERP

JANUARY 23, 2023

Fossil fuel energy prices are expected to remain high, so reducing energy consumption can reduce costs. New industrial processes that reduce emissions can also lower the cost of energy. ESG reporting and analysis Data is one of the most important requirements of an ESG program. Manage the portfolio.

ERP 111

ERP Waste Reduction Optimal Sourcing Supply Chain Planning Software 111

Freightos

AUGUST 23, 2023

Blog " * " indicates required fields Email * More Resources Home August 23, 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.

Price Reduction 117

Price Reduction Resource Reduction Cost Reduction Capacity 117

Carter Logistics

JANUARY 28, 2019

Blog Topics. Near-sourcing – a business moving its operations closer to where its end products are sold – is a growing trend as well as a strategy in the supply chain industry today. With rising overall prices of shipping, customs, labor, and other resources in those countries, many companies are turning to near-sourcing.

Sourcing Strategies 101

Sourcing Strategies Manufacturing Procurement Sourcing Resource Reduction 101

SYSPRO Smarter ERP

AUGUST 28, 2023

Benefit 2: Enhanced organizational controls and compliance Advanced ERP systems provide features like dimension analysis, offering a multi-dimensional view of financial data. This enables flexible financial analysis, improves governance, and supports scalability as businesses grow and expand their operations globally.

Supply Chain Design Software 98

Supply Chain Design Software Supply Chain Planning Software Optimization Software ERP 98

Freightos

NOVEMBER 19, 2024

Blog " * " indicates required fields Email * Phone This field is for validation purposes and should be left unchanged. Judah Levine November 19, 2024 Get Started Weekly highlights Ocean Rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) increased 3% to $5,345/FEU. kg China – N. Europe – N.

Negotiating Skills 62

Negotiating Skills Price Reduction Data Resource Reduction 62

Freightos

AUGUST 29, 2023

Blog " * " indicates required fields Email * More Resources Home August 29, 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.

Price Reduction 118

Price Reduction Resource Reduction Inventory Reduction Analysis 118

Freightos

SEPTEMBER 6, 2023

Blog " * " indicates required fields Email * More Resources Home September 6, 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.

Negotiating Skills 118

Negotiating Skills Price Reduction Resource Reduction Material Savings 118

3PL Links

DECEMBER 17, 2024

This moment goes beyond analysis and reflection; it is the right opportunity to redefine strategies and outline new plans that not only drive results but also guarantee a prominent place in the market. Robotics in picking and packing: Picking and packing with robotics increases productivity and reduces errors.

Optimal Sourcing 62

Optimal Sourcing Supply Chain Planning Software Trends Logistics Network Optimization Software 62

Freightos

DECEMBER 6, 2023

Blog " * " indicates required fields Email * Comments This field is for validation purposes and should be left unchanged. Asia-US East Coast prices (FBX03 Weekly) were also level at $2,367/FEU. Europe prices (FBX11 Weekly) increased 3% to $1,243/FEU. Asia-Mediterranean prices (FBX13 Weekly) rose 12% to $1,670/FEU.

Negotiating Skills 118

Negotiating Skills Price Reduction Optimal Sourcing Vendor Strategies 118

FreightWaves SONAR

MARCH 4, 2021

Yes, the need for shipping demand analytics is not new and was echoed in 2013 by Industry Week , “Relying on traditional supply chain execution systems is becoming increasingly more difficult, with a mix of global operating systems, pricing pressures and ever-increasing customer expectations.

Price Reduction 97

Price Reduction Cost Reduction Expense Reduction Waste Reduction 97

Blue Grace Logistics

AUGUST 3, 2021

Companies have the right to receive the best service and the best price from their suppliers, and the relationship between shippers and suppliers is a key component to a successful partnership. What This Blog Is About: How to build a mutually beneficial relationship based on trust & credibility with your suppliers.

Maintainability 118

Maintainability Price Reduction Purchasing Skills Resource Reduction 118

FreightWaves SONAR

FEBRUARY 22, 2021

They tend to follow similar lines and influence services and prices throughout transportation networks. According to Supply Chain 24/7 , “ truckload service optimizes trailer space and moves freight [without extra stops that will] eliminate wasted trips, reducing greenhouse gas emissions by up to 40%.”

Price Reduction 75

Price Reduction Supply Chain Planning Software Waste Reduction White Paper 75

Freightos

APRIL 16, 2024

Blog " * " indicates required fields Email * Comments This field is for validation purposes and should be left unchanged. Judah Levine April 16, 2024 Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) were level at $3,288/FEU. America weekly prices increased 69% to $6.17/kg

Price Reduction 126

Price Reduction Resource Reduction Data Logistics Network Optimization Software 126

Logistics Bureau

APRIL 3, 2023

Across our many blog posts, videos, webinars, eBooks, and other shared content, you’ll find a wealth of information about various aspects of outsourcing in the supply chain. However, I can’t recall writing a general guide about exploiting outsourcing opportunities to improve your supply chain.

Outsourcing 98

Outsourcing Optimal Sourcing Supply Chain Software Cost Reduction 98

FreightWaves SONAR

FEBRUARY 4, 2021

There’s a broad range of options to reduce rates and increase carrier revenue. Track truckload freight accessorial costs As reported by Inbound Logistics , “Carriers price accessorials, such as liftgate or non-commercial delivery, at a premium. Review transportation pricing and contracts regularly.

Optimization Software 98

Optimization Software Negotiate Pricing Negotiating Skills Optimization Modeling 98

Freightos

JUNE 17, 2024

Blog " * " indicates required fields Email * Comments This field is for validation purposes and should be left unchanged. Third-party platforms reduce these upfront costs by providing access to state-of-the-art AI tools and technologies on a “pay per drink” subscription basis.

Modeling Software 119

Modeling Software Optimization Software Logistics Network Optimization Software Cost Reduction 119

GlobalTranz

APRIL 6, 2015

Editor’s Note: This blog post is from SupplyChainOpz. However, with reduced life cycles, customer-driven innovative products and services have forced supply chains to be flexible and adaptable. Monitoring and analysis of this data may provide opportunities to intervene before issues becomes major problems.

Optimal Sourcing 118

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Manufacturing Procurement 118

Stord

OCTOBER 15, 2024

Analytics for Risk Management This isn't your grandmother's data analysis; we're talking about sophisticated pattern recognition that makes your shipping operation smoother than a freshly waxed surfboard. You can read more about how to optimize your carrier selection with Stord Parcel and improve your annual parcel spend in this blog post.

Data 78

Data Ordering Negotiating Skills Supply Chain Design Software 78

GlobalTranz

MAY 12, 2015

We have written several posts on technology, which you can read in our technology blog category , have talked about the future of manufacturing , the future of transportation technology , and the Industrial Internet of things. Traditional segmentation strategies no longer work in a world characterized by complexity and constant change.

Manufacturing Procurement 97

Manufacturing Procurement Modeling Software Supply Chain Planning Software Digital 97

Freightos

MAY 28, 2024

Blog " * " indicates required fields Email * Email This field is for validation purposes and should be left unchanged. May 28, 2024 Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) increased 13% to $4,917/FEU. Europe prices (FBX11 Weekly) climbed 6% to $4,876/FEU.

Price Reduction 118

Price Reduction Expense Reduction Resource Reduction Data 118

Logistics Bureau

AUGUST 2, 2021

On this blog and the one published by our sister company Logistics Bureau, we often receive questions relating to metrics suitable for monitoring procurement performance. Competitiveness of Pricing. The price you pay your vendors for their products is a significant factor in your company’s ability to compete in its market.

Procurement Analytics 98

Procurement Analytics Procurement Solutions Optimal Sourcing Procurement 98

GlobalTranz

JANUARY 20, 2015

In fact, in order to combat these ever pressing issues and competition, we recently shared our insights on trends for 2015 facing manufacturers and distributors on the Cisco-Eagle Blog. Bottom line, it’s great to say you want to have a commerce-enabled site, but before jumping to the technology stage, what is your strategy?

Manufacturing Procurement 105

Manufacturing Procurement Price Reduction Inventory Reduction Resource Reduction 105

GlobalTranz

JANUARY 16, 2017

Modern supply chains are evolving beyond anyone’s expectations due to increased use of cloud-computing technologies, wearables and advanced data analysis. Essentially, the cloud is working to reduce overall risk and reduce costs along the way, but it is also becoming key to increasing accountability and visibility throughout an organization.

Supply Chain Design Software 59

Supply Chain Design Software Supply Chain Software Supply Chain Design Analysis 59