FreightWaves SONAR

DECEMBER 22, 2020

Shippers want a significant reduction in the stress of logistics. With that in mind, the trucking RFP has come into play as a more significant undertaking for 2021 contracts as the freight market saw volatility in 2020 on the spot market due to historic tender rejections and volumes adding to increased prices. Here’s the truth.

Optimization Software 105

Optimization Software Optimization Tips Price Reduction 105

United World Transporation

MAY 21, 2020

However, we thought that’d we’d share our three simple maintenance tips to keep the high-mileage fleet vehicle on the road. Although we are in the refrigerated transport industry, these tips apply to all owner-operators and company drivers. 3 Simple Maintenance Tips. So, here are our three maintenance tips: 1.

Tips 98

Tips Trucking Expense Reduction Refrigeration 98

FreightWaves SONAR

JANUARY 25, 2021

For managers in the transportation industry, freight load pricing accuracy remains a source of confusion and disruption. According to Shopify , “free shipping is just the tip of the iceberg: 39% of U.S. The best and only successful way to overcome flawed data analysis is to use effective technology. is forecast to top $9.6

Price Reduction 86

Price Reduction Data Supply Chain Software Supply Chain Planning Software 86

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

Logistics Viewpoints

MARCH 25, 2021

Global trade regulations and conflicts, as well as tariff threats as a political tool, could cut off sources and markets and push your business plan into the red. Your transportation consultant can help develop response strategies to ensure your supply chain continues to operate while the problem is addressed.

Supply Chain Planning Software 131

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 131

ShipLilly

NOVEMBER 1, 2021

A logistical analysis and important tips for businesses. Of course, there are those who have an aggressive business strategy right from the outset. If you take such a strategy, you must have a top-grade marketing strategy to open opportunities for your expansion. There are two sides to the cost-benefit analysis.

Outsourcing 98

Outsourcing Price Reduction Cost Reduction Resource Reduction 98

Logistics Bureau

MAY 31, 2021

The tips in this article will help you know how to identify the customers, products, and processes that might be inflating your cost to serve (CTS) unnecessarily. 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. Customer behaviour.

Cost Reduction 98

Cost Reduction Purchasing Skills Expense Reduction Inventory Reduction 98

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. Here are five tips to build, maintain, and improve a healthy and productive relationship with your suppliers. Select Your Supplier Carefully.

Maintainability 118

Maintainability Price Reduction Purchasing Skills Resource Reduction 118

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

Logistics Viewpoints

APRIL 4, 2024

Motivated by how many tips I could get, I hated when it would rain for a week straight in the summer because very little ice cream would be sold, and the tip jar would stay empty. In this blog, I will discuss the use of AI/ML demand planning for fresh products to help maximize sales and reduce waste.

Scenario Planning 125

Scenario Planning Supply Chain Planning Software Supply Chain Software Supply Chain Design Software 125

Ship Monk

APRIL 5, 2024

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. Of course, it wouldn’t be a business strategy if there weren’t a couple more acronyms to learn.

Negotiate Pricing 105

Negotiate Pricing Negotiating Skills eCommerce Purchasing Skills 105

Logistics Bureau

NOVEMBER 30, 2020

A common conundrum for companies is how to reduce their freight costs, which due to a recovery in demand following the Covid-19 pandemic have skyrocketed. Reduce your dunnage. Make an in-depth cost analysis. One of the most common questions I get asked is, How can I reduce my freight costs? 10) Reduce your Dunnage.

Cost Reduction 69

Cost Reduction Negotiating Skills Price Reduction Material Savings 69

GlobalTranz

OCTOBER 19, 2015

10 Tips to Remain Competitive and Have an Effective Transportation Management Strategy. This is especially relevant for third-party logistics and transportation management service providers, whose service fee is based on reducing cost and streamlining the shipper’s supply chain. Gaining "Shipper of Choice" Status.

Resource Reduction 97

Resource Reduction Cost Reduction Optimal Sourcing Waste Reduction 97

GlobalTranz

FEBRUARY 4, 2015

We encourage our audience to visit The Catavolt Blog for more relevant posts about mobility in manufacturing for best practices, tips, and great industry insights. Author Malcolm Gladwell defined a “tipping point” as “the moment of critical mass, the threshold, the boiling point.” And the mobile landscape continues to evolve.

Supply Chain Planning Software 99

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Logistics Network Optimization Software 99

Freightos

DECEMBER 13, 2023

Judah Levine December 13, 2023 Optimize your logistics tendering, vendor selection, negotiations, and procurement with Freightos Data Book a Demo Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) fell 1% to $1,603/FEU. Asia-US East Coast prices (FBX03 Weekly) climbed 5% to $2,497/FEU.

Negotiating Skills 117

Negotiating Skills Optimal Sourcing Price Reduction Vendor Strategies 117

FreightWaves SONAR

JANUARY 26, 2021

Supply chain leaders continue to focus their efforts on finding the right mix of assets used, market positioning and carrier freight pricing strategies. When the freight market meets expectations and is less volatile, it is easy for shippers and carriers to not look at inefficient processes or their transportation procurement strategy.

Price Reduction 78

Price Reduction Cost Reduction Waste Reduction Optimal Sourcing 78

Logistics Bureau

NOVEMBER 12, 2024

That being said, it’s not always easy to know where to begin, so here are a few tips to help you get a well-structured, methodical, warehouse review/redesign process under way. Using warehouse simulation software, organizations can significantly improve their warehouse operations, reduce costs, and enhance overall efficiency.

Modeling Software 72

Modeling Software Supply Chain Design Software Supply Chain Planning Software Optimization Software 72

Logistics Bureau

NOVEMBER 6, 2023

Of course, there is no quick and easy way to curb increases in the cost of energy and labour, but now is an excellent time to start thinking about practical ways to reduce energy usage and increase labour productivity and efficiency. There are several possible ways to eliminate this form of energy wastage.

Cost Reduction 98

Cost Reduction Purchasing Skills Waste Reduction Material Savings 98

CLX Logistics

DECEMBER 1, 2022

As many individuals and companies prepare for a potential recession, they’re determined to minimize losses by preemptively cutting costs. Here are our expert tips for strengthening your operations in preparation for a potential recession through more intelligent budgeting and reevaluated data-driven operation improvements.

Tips 52

Tips Logistics Network Optimization Software Optimal Sourcing Manufacturing Procurement 52

Logistics Viewpoints

FEBRUARY 24, 2022

Total Throughput Divided by Total Labor Cost Is Just the Tip of the Iceberg – Know for Sure and Take Control with a Warehouse Labor Management System. Top brass can better align labor goals to corporate strategies, giving the organization a clear sense of purpose and direction. Dead reckoning. Not the best way to sail a ship.

Supply Chain Planning Software 104

Supply Chain Planning Software Waste Reduction Cost Reduction Price Reduction 104

GlobalTranz

NOVEMBER 19, 2015

The first 5 were as follows: 6 Strategic and Proactive Tips to Stay Ahead of Distressed Shipments. This is where metrics becomes necessary for the analysis and monitoring of data. Ultimately, the entire process becomes more efficient with the collection, analysis, and actionable qualities of data.

Data 77

Data Sourcing Strategies Optimal Sourcing Transportation 77

Ship Monk

OCTOBER 8, 2024

Controlling Shipping Costs Whether you’re a large online retailer or a growing ecommerce brand working with a 3PL, the objective is the same: keep shipping costs from eating into your profit margins while pricing your goods competitively. Eliminates time consuming calculations and rate comparisons. Here are six ways to achieve this.

Negotiating Skills 69

Negotiating Skills Cost Reduction Inventory Reduction Negotiate Pricing 69

GlobalTranz

JULY 31, 2015

According to the NADA Used Car Guide , the average retail price for Class 8 trucks with 999,999 miles or fewer stood at approximately $56,000. The sheer amount of data from the Freight Forecast and its subsequent data analysis, such as the above-mentioned trucking expenses, give rise to anxiety over how shippers will meet this growing demand.

Freight 124

Freight Procurement Analytics Purchasing Skills Cost Reduction 124

Ship Monk

MAY 20, 2021

Tip: Don’t forget to look into your niche as well as its overarching market! Competitive Analysis. A competitive analysis is a great way to learn from the greats while also spotting potential structural weaknesses within your own business. #5. Marketing Strategy. The better your insights, the better your approach.

How To 96

How To Price Reduction Course Analysis 96

Logistics Bureau

MAY 19, 2016

As a novel change to sharing tips on what to do, I thought I’d continue this month’s focus on working capital reduction with a post on things you might consider doing less of or even not doing at all. If so, you’re losing out unless you know you’re getting a discounted price for early payment.

Material Savings 49

Material Savings Inventory Reduction Price Reduction Waste Reduction 49

Blue Grace Logistics

APRIL 5, 2021

Driven by ever-increasing competition, both carriers and shippers need to step up their operations if they want to remain competitive, both in terms of a consistent brand experience for their customers as well as balanced and competitive pricing structures. Reduce Labor Costs through Automated Reports.

Supply Chain Software 62

Supply Chain Software Cost Reduction Price Reduction Operations 62

Blue Grace Logistics

APRIL 6, 2021

Driven by ever-increasing competition, both carriers and shippers need to step up their operations if they want to remain competitive, both in terms of a consistent brand experience for their customers as well as balanced and competitive pricing structures. Reduce Labor Costs through Automated Reports.

Supply Chain Software 62

Supply Chain Software Cost Reduction Price Reduction Operations 62

Freightos

JANUARY 17, 2017

Sluggish global trade, reduced import volumes and record overcapacity showed that the global freight industry is in dire need of change. Take a look at the range in carrier prices for forwarders along one the world’s busiest routes (Shanghai to Long Beach, CA), in a data snapshot from mid-December 2016. ” Market Efficiency.

Freight 18

Freight Price Reduction Supply Chain Design Software Cost Reduction 18

Ship Monk

APRIL 28, 2023

In addition to satisfying conscientious consumer demand, eco-friendly efforts can benefit your ecommerce business by reducing waste within your company and improving operational efficiencies. Translation: these ecommerce businesses have operating standards that minimize or reduce negative impact on the planet.

eCommerce 97

eCommerce Waste Reduction How To Material Savings 97

Logistics Bureau

AUGUST 7, 2023

We’ll be pleased to assist you in implementing methods to sense customer demand more accurately, enhancing your ability to optimise inventory levels, reduce stock-outs, reduce carrying costs—and ultimately increase profitability. Would you like to improve your forecasting and achieve greater inventory control ? Why is this?

Inventory Reduction 98

Inventory Reduction eCommerce Inventory Procurement Solutions 98

FreightWaves SONAR

DECEMBER 17, 2020

Here are some tips to help you build your metrics scorecard faster and easier. . Digital analysis and detail-oriented recordkeeping of all mode activities, including ocean import data , makes it easy to enhance overall performance. . The more focused the data pull, the more concentrated the analysis results are.

Tips 52

Tips Logistics Network Optimization Software Supply Chain Software Logistics 52

United World Transporation

MAY 23, 2019

However, we thought that’d we’d share our three simple maintenance tips to keep the high-mileage fleet vehicle on the road. Although we are in the refrigerated transport industry, these tips apply to all owner-operators and company drivers. 3 Simple Maintenance Tips. So, here are our three maintenance tips: 1.

Tips 40

Tips Expense Reduction Refrigeration Analysis 40

WorkWave

MAY 24, 2024

With a background in playing professional soccer with MLS’s FC Dallas, Cano brings a unique strategic perspective to corporate development and financial analysis. This might include an analysis of revenue, cost of goods sold, operating expenses and non-operating expenses. Check out these tips.

Negotiating Skills 98

Negotiating Skills Buyer Training Purchasing Skills Modeling Software 98

GoShip Blog

APRIL 7, 2022

Stay up to date on regulations to keep your organization’s transportation strategy current. Below are some tips that will prove helpful in planning your transportation budget. One tip might have you thinking, “why didn’t I think of that?”. A considerable part of what you need to know is fuel prices.

Tips 40

Tips Transportation Price Reduction Supply Chain Planning Software 40

Parade

MARCH 26, 2019

A fair and easy carrier experience is the foundation for creating a competitive brokerage, where quality carriers return and will commit capacity at a fair price. We've identified 3 key tips to ensure you’ll be your carrier's go-to. Handling repeating customers or commodities reduces friction.

Optimal Sourcing 79

Optimal Sourcing Logistics Network Optimization Software Price Reduction Digital 79

Conger

JANUARY 17, 2023

Warehouse 5S is a lean management strategy that helps warehouses accomplish a basic objective: making problems visible. The 5S model is named for five Japanese terms that capture its core philosophy — waste reduction and improved efficiency. Some common sorting strategies include: General cleaning of an area.

Waste Reduction 52

Waste Reduction Inventory Reduction Cost Reduction Resource Reduction 52

3PL Links

JUNE 19, 2024

How can Self Storage help in applying these strategies? Delays and supply problems are reduced as a result. This could also entail negotiating reasonable prices with these businesses. Optimization of delivery routes Utilize technology to cut down on travel expenses and times by optimizing delivery routes.

Expense Reduction 48

Expense Reduction Inventory Reduction Optimal Sourcing Sourcing Strategies 48