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Maximize Ecommerce Supplier Relationships

Ship Monk

When was the last time you thought about your business’ relationship with its suppliers? The last time they raised prices? So much attention is paid to negotiating the price of the goods and coordinating the delivery that very little thought goes into the quality of the relationship and how improving it might help you both.

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Cost to Serve Analysis—And the Costs of Neglecting It

Logistics Bureau

Have you conducted a cost-to-serve (CTS) analysis for your enterprise? And that is the sole purpose of cost-to-serve analysis. If you were going to say, “What is a cost-to-serve analysis?” Only a complete cost-to-serve analysis will expose these underlying issues unless they happen to be discovered incidentally.

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Global Logistics Market Analysis: 2022 Summer Edition

MTS Logistics

Last year was marked with capacity issues and high prices, but today, freight prices have decreased, while capacity has increased. Of course, we may still experience more factories in Asia not operating at 100 percent capacity, further trucking shortages, port issues, etc. They also agreed demand spikes caused higher pricing.

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9 Barriers to Optimal Inventory and How to Break them Down

Logistics Bureau

Suffice it to say that, generally, it’s wise to hold service as the non-negotiable element of inventory optimisation, thereby seeking to keep the right amount of stock to meet required service levels while minimising the inventory costs as much as possible. 3: Supplier Lead Time. 2: Forecast Accuracy.

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10 Freight Management Mistakes and How to Avoid Them

Logistics Bureau

Once again, this lack of analysis or structure in freight mode selection protocols is a mistake that often arises when a company under-resources freight management activity. In addition, TMS operators can often negotiate the best possible freight rates. TMS: Is it the Same as Outsourcing?

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7 Mini Case Studies: Successful Supply Chain Cost Reduction and Management

Logistics Bureau

per chip were bearable for units selling for $100, but the price of the new chip was a fraction of that, at about $20. The company grew substantially over the course of two decades, achieving a considerable portion of that growth by way of acquisitions. Supply chain costs of around $5.50

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Supply Chain & Logistics Education: Ask the Professors

The Logistics Academy

Darren Prokop, University of Alaska Anchorage (UAA): As in the academic world in general, there is a trend to online course delivery. We also provide frameworks for effective interactions with others in courses such as purchasing, negotiation, professional selling, and team-based assignments. What can be measured can be managed.