Globalior

FEBRUARY 25, 2023

Photo from: [link] Building Strong Supplier Relationships in the Oil and Gas Industry: The Key to Successful Procurement The oil and gas industry is a complex and dynamic industry that relies heavily on procurement to ensure the delivery of goods and services that support its operations. Developing Strong Supplier Relationships A.

Negotiate Pricing 52

Negotiate Pricing Optimal Sourcing Procurement Solutions Negotiating Skills 52

Logistics Bureau

OCTOBER 10, 2022

Those are the precise questions we’ve set out to answer in this article. In that case, please read on, as the rest of this article is dedicated to explaining the nine fundamental factors typically contributing to suboptimal inventory levels. 3: Supplier Lead Time. Inventory Optimisation: A Clarification. 1: Service Levels.

Inventory Reduction 105

Inventory Reduction Inventory Optimization Modeling Optimization Software 105

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

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

EazyStock

MARCH 14, 2023

The right purchasing and logistics strategies give companies an edge during these unique, uncertain times and, during the return “to normal,” a greater competitive advantage and continued growth. With the right strategies in purchasing, logistics and supply chain, you can navigate through a recession and come out as a winner.

Inventory Reduction 52

Inventory Reduction Price Reduction Cost Reduction Waste Reduction 52

Logistics Bureau

JANUARY 13, 2025

Pricing Structure: Remember those simple shipping options you see when shopping online? B2B freight pricing is much more complex, involving factors like volume commitments, lane pricing, fuel surcharges, accessorial charges and contract terms. Should B2B Freight Providers Offer B2C-Style Shipping Rates?

Purchasing Skills 40

Purchasing Skills Negotiating Skills Negotiate Pricing Freight 40

Logistics Bureau

JULY 25, 2022

Thirdly, suppliers and buyers are finding it increasingly difficult to do business due to the need for compliance with the continuing barrage of harsh sanctions. Many Western enterprises unknowingly depend on Russian and perhaps Ukrainian companies as t ier 2 suppliers. Firstly, the war is having a direct impact on ports and routes.

Supply Chain Design Software 98

Supply Chain Design Software Supply Chain Design Supply Chains Scenario Planning 98

Blue Grace Logistics

APRIL 7, 2020

Below, taking reference from the article, we discuss why this is good for the business and how it can benefit them and other stakeholders in the ecosystem. Negotiation power: Cost is an important factor in supply chain. It can be for a new product mix, design, packaging, supply, or go-to-market strategies.

Supply Chain Design 62

Supply Chain Design Supply Chains Negotiating Skills Negotiate Pricing 62

Logistics Bureau

APRIL 18, 2019

Either way, you might find this article of value, because we’re going to discuss some of the positions you might aim for among the vast range available, and the career paths associated with them. However, it also means that the paths discussed in this article are mere possibilities, rather than absolutes.

Manufacturing Procurement 89

Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software Supply Chain Design 89

Blue Grace Logistics

SEPTEMBER 21, 2021

What’s in this article: What is a capacity crunch? This impacts your business with inconsistent rates, uncertainty of available equipment, fulfillment strategy, and more importantly the customer experience. However, a good business strategy enables a better forecast to deal with these situations. What causes a capacity crunch?

Material Savings 62

Material Savings Capacity Optimal Sourcing Inventory Reduction 62

Radius Logistics

JULY 17, 2024

One proven method to achieve this is by adopting a Just-In-Time (JIT) inventory strategy. In this comprehensive article, we will explore how SMBs can implement a JIT strategy with Radius Logistics, the benefits from a cost-saving perspective, and why this approach is particularly advantageous during the current freight Downturn.

Material Savings 26

Material Savings Inventory Reduction Cost Reduction Waste Reduction 26

GlobalTranz

FEBRUARY 12, 2018

In this article, he writes about the characteristics of an effective supply chain manager. . They will have to negotiate for resources, budgets, and schedules. Sometimes a supplier doesn’t deliver the materials on time, so the production process gets stuck and the entire timeline is altered. Download white paper. Flexibility.

Supply Chain Planning Software 70

Supply Chain Planning Software Supply Chain Software Negotiating Skills Supply Chains 70

Logistics Bureau

NOVEMBER 4, 2019

This speculative post explores the difference between B2B and B2C freight pricing. Should they offer tiered freight-price options like those enjoyed by consumers, and what stops them from doing so? Tiered Freight Pricing in B2C Markets. Pricing calculations can be based on: Distance traveled. Trucking lanes used.

Purchasing Skills 49

Purchasing Skills Negotiating Skills Negotiate Pricing Freight 49

Logistics Business Magazine

AUGUST 31, 2023

This article by SHIPSTA addresses six of the most common challenges that can surface in peak shipping season, while providing solutions on how to best address them. Pressure to Save Costs Transportation accounts for a significant amount of total operational costs, consequently becoming a huge target for potential cost savings.

Optimal Sourcing 50

Optimal Sourcing Negotiating Skills Sourcing Strategies How To 50

Logistics Bureau

JANUARY 1, 2025

Acknowledgement: In purchasing, acknowledgement is the term used to describe a suppliers confirmation that the buyers purchase order has been received, and hence, that the order is accepted. Suppliers and retailers share information with one another to enable continuous updating of inventory and replenishment requirements.

Supply Chain Planning Software 76

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

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

247 Customs Broker

MARCH 26, 2018

Our rates are going up and the carriers are completely unwilling to negotiate with us—where did we go wrong?”. First, the typical procurement-driven sourcing event views transportation as a commodity and thus, is oriented toward getting the lowest price. In this market, your carriers know that they don’t have to “negotiate” with you.

Optimal Sourcing 28

Optimal Sourcing Sourcing Strategies Negotiating Skills Negotiate Pricing 28

3PL Links

MAY 11, 2023

This is because it plays a crucial role in keeping a firm running by ensuring the essential inputs, locating suppliers, negotiating better rates and terms, and managing the entire process. In a nutshell, the failures are caused by the fact that suppliers do not always have security management, allowing gaps in the system.

Sourcing Strategies 48

Sourcing Strategies Supply Chain Software Supply Chains Optimal Sourcing 48

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. The Path to Cost Reduction: Intel decided to try what was considered an unlikely supply chain strategy for the semiconductor industry: make to order. Supplier communication. Supply chain costs of around $5.50

Cost Reduction 77

Cost Reduction Inventory Reduction Expense Reduction Price Reduction 77

Logistics Bureau

JANUARY 1, 2018

Supplier unreliability. Price pressure and the need to make profits have left many supply chain organisations in a tight corner. This frees up their human counterparts for work that AI cannot do, such as creating a new supply chain strategy. One example is supplier performance evaluation. The following are examples.

Supply Chain Planning Software 63

Supply Chain Planning Software Supply Chain Software Supply Chains Modeling Software 63

Ship Monk

JANUARY 20, 2023

A manufacturer purchases steel from a supplier and turns it into tiny gears to make watches. To the supplier, the steel is merchandise inventory (a.k.a. By forcing customers to buy a certain number of product(s) with each order, a supplier can achieve profitability through economies of scale. finished goods). Order Level MOQ 3.)

eCommerce 52

eCommerce Inventory Reduction Manufacturing Procurement Material Savings 52

Logistics Bureau

JULY 12, 2017

Smarter organisations project their potential growth and longer-term strategies into the selection process, but many (too many) tend to take a transactional perspective, with the aim of finding providers quickly and without fuss. Read and Heed the Signs that Freight Review is Due. Signs of Change on the Carrier Side.

Negotiating Skills 49

Negotiating Skills Freight Optimal Sourcing Logistics Network Optimization Software 49

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? The product pricing therefore becomes ex works. Now, the issue.

Price Reduction 75

Price Reduction Cost Reduction Sourcing Strategies Negotiate Pricing 75

Logistics Viewpoints

DECEMBER 12, 2024

However, if organizations adopt proactive tariff optimization strategies and build adaptive supply chains, these challenges can be turned into opportunities. Strategy: Diversification of raw materials sources, exploration of alternative materials, or investment in domestic production are some of the ways to limit exposure to the tariff.

Optimal Sourcing 105

Optimal Sourcing Material Savings Cost Reduction Price Reduction 105

Log-hub

MARCH 21, 2025

Businesses must adjust to ensure resilience as global trade negotiates these turbulent waters. This article examines how global supply chains are being impacted by the geopolitical conflict surrounding the Panama Canal, as well as the limitations imposed by climate change, and what procurement leaders can do to reduce these risks.

Supply Chain Planning Software 52

Supply Chain Planning Software Cost Reduction Resource Reduction Supply Chain Software 52

Talking Logistics

DECEMBER 20, 2017

I’ll begin with several high-level trends and factors that will impact supply chain and logistics strategies and operations in the coming year: Free Trade Agreements : “The U.S., 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.

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. within the suppliers’) warehouses. . Dimensional Weight Pricing.

Supply Chain Design Software 89

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