Logistics Bureau

DECEMBER 9, 2020

ARTICLE SUMMARY. For instance, the Chief Procurement Officer will lead the sourcing process, develop the procurement strategy, identify potential suppliers, and manage short and long terms goals. Members of the Sourcing Team are charged with finding out who’s in the market, who can do the work, and at what price.

Manufacturing Procurement 98

Manufacturing Procurement Procurement Analytics Procurement Purchasing Skills 98

Logistics Bureau

SEPTEMBER 4, 2023

With that question answered, I’m giving the rest of this article over to highlighting several business and supply chain issues, which, if you are experiencing them in your enterprise, are potent indications that CTS analysis should be on your agenda —for execution at the soonest. We’ll begin with a look at pricing strategy.

Negotiating Skills 98

Negotiating Skills Purchasing Skills Cost Reduction Analysis 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

Logistics Bureau

MAY 24, 2019

The following five mini case studies explore a few high-profile companies that have managed to sustain their supply chain cost-reduction efforts and keep expenses under control. per chip were bearable for units selling for $100, but the price of the new chip was a fraction of that, at about $20. Supplier communication.

Cost Reduction 77

Cost Reduction Inventory Reduction Expense Reduction Price Reduction 77

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 9, 2016

Current liabilities are typically accounts payable, meaning money you are due to pay out, for example to suppliers. As a result, if you can get paid by your customers before you have to pay your suppliers and reduce inventory to boot , your current assets can be reduced to below your current liabilities.

Inventory Reduction 55

Inventory Reduction Material Savings Cost Reduction Price Reduction 55

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