This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
As a supply chain executive, picture beginning your day with a cup of coffee when a news alert notifies you of newly imposed tariffs affecting your primary suppliers in China. Tariffs on steel from Chinaup 25%and retaliatory moves from Canada and Mexico may turn supplier relationships upside down.
This blog post will explore key strategies for streamlining your supply chain from sourcing to delivery. Optimize Supplier Relationships: Build strong relationships: Establish clear communication channels and foster collaboration with your suppliers. Diversify your supplier base: Don’t rely on a single supplier.
Develop a Diverse Supplier Network Relying on a single supplier can expose a business to significant risks, including supply chain disruptions, limited negotiating power, and potential price increases. By developing a network of suppliers, you can secure a more reliable supply and maintain competitive pricing.
In this blog post, we’ll discuss key strategies to help you navigate the shipping challenges of 2025 and beyond. Carrier Consolidation: The dominance of UPS and FedEx creates a duopoly, giving them significant pricing power. The shipping industry is constantly evolving, with fluctuating rates, service offerings, and competition.
What you will learn in this blog: Leveraging Data Analytics For Invaluable Insights Implementing Lean Principles for Waste Reduction Effective Management Of Supply Chain Costs As companies navigate market fluctuations and challenges, effectively managing supply chain expenses becomes pivotal for success. Read The Logistics Blog®
Communication Breakdowns Across the Supply Chain The Issue: Poor communication between suppliers, logistics teams, and customers can result in misaligned expectations, missed shipments, or order errors. These issues can slow down the entire supply chain and create confusion. Logistics success is all about preparation and flexibility.
Editor's Note: Today's blog is by our great friend, Chuck Intrieri where he gives us a fantastic example of how Procurement and Suppliers can enhance Supplier Relations by navigating the "Battle of the Forms.". Naturally, a supplier relations conflict exists. Contract Negotiation Enhancing Supplier Relations.
We conclude our “Most Popular” Blog posts series, where we have been giving you the most viewed blog posts in 2014 from our main content categories. 2014 was surely a fun year of content on the Cerasis blog. 2014 was surely a fun year of content on the Cerasis blog. Now, why do we blog?
Track truckload freight accessorial costs As reported by Inbound Logistics , “Carriers price accessorials, such as liftgate or non-commercial delivery, at a premium. More importantly, the type of carrier, whether asset-based or a lite carrier, may impact the risk of accessorials and overall pricing as well.
They have a contract with a supplier who delivers on time, and who charges acceptable prices. A single supplier focus means that there is a high risk if the supplier closes its doors. The procurement process doesn’t start with raising a purchase order and sending it to a supplier. The procurement process.
Transportation was redirected to be used in providing first aid, leading to supply chain bottlenecks, shortages and price hikes. This was followed by heavy rainfall that flooded which caused lumber companies to scale back production, leading to a rise in the prices of wooden products in the United States. Schedule Demo.
Reliance on too few primary suppliers for critical components and materials has compounded the problem even further with unexpected ripple effects on downstream manufacturing as evidenced by the still ongoing global computer chip shortages. Manufacturers know that good supplier relationships are critical. Managing Inventory.
This blog post will explore key strategies for streamlining your supply chain from sourcing to delivery. Optimize Supplier Relationships: Build strong relationships: Establish clear communication channels and foster collaboration with your suppliers. Diversify your supplier base: Don’t rely on a single supplier.
surged from April to June, suggesting that carriers have more leverage in upcoming rate negotiations than previously believed. Taken together, the data suggests that carriers do not have as much power in pricingnegotiations as the rising spot rates indicate. China) or a somewhat higher-cost country (e.g.,
Managing variable supplier lead times. As time passes, this can become obsolete and may need to be sold at heavily discounted prices or even written off as a bad investment. But striving for the cheapest unit price isn’t always the most cost-effective way to procure a product. This blog was initially published Aug 2015.
In this blog post, we’ll discuss key strategies to help you navigate the shipping challenges of 2025 and beyond. Carrier Consolidation: The dominance of UPS and FedEx creates a duopoly, giving them significant pricing power. The shipping industry is constantly evolving, with fluctuating rates, service offerings, and competition.
Process Performance What if the problem isn’t connected to products, customers, or pricing but lies instead with process performance? Supply/Inventory Management Inventory management problems and supplier relationship issues , too, can creep in over time and eat away at your profit margins.
A key responsibility of every stock replenishment team is to negotiate the best price for the items they reorder, so that the sell-on price can be as profitable as possible. But when looking at the bigger picture the ‘best-price’ is not always the most cost-effective way to procure a product.
Each day these manufacturers manage complex supply chains , carry out highly precise production, and must negotiate a raft of regulations. Now more than ever before, visibility, compliance, cost management and quality control in the procurement and supplier selection process are key. Stock location may also require careful management.
As part of our ongoing commitment to keep our blog readers updated on what’s happening in the supply chain and logistics world, we’re launching a regular industry news roundup, which we’ll release periodically. Many Western enterprises unknowingly depend on Russian and perhaps Ukrainian companies as t ier 2 suppliers.
For instance, things like fuel prices, hourly wages for employees, and materials are some hard costs. Soft costs are usually time-consuming tasks such as planning, tracking shipments, gathering documents, handling disputes, and handling communication with your freight forwarder and over-seas suppliers. The Dedola Difference.
The Best Practices to Help You Choose the Best Freight Shipping Solution As a business shipper, you need a reliable and efficient solution that you could use to ship freight internally, to and from your business partners and suppliers, or to your customers. They can negotiate rates and find suitable carriers for your shipments.
The distributors who gained a significant strategic advantage over their competitors had a laser focus on profitability during the downturn, a strong emphasis on margin management through disciplined pricing and category management, careful control of costs, and finally, the willingness to invest in priority growth opportunities.
Today's blog is a continuation of yesterday's where we discussed cost management and KPIs with warehousing contracts using a real-world scenario. Currently, our client provides an incentive to a supplier via gain and pain share. Some incentives are reducing UNIT PRICING. This is also a negotiable issue. KPIs Question 1.
Editor’s note: Today’s blog is from our friend Brandon Stanley. 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.
Our economy relies on the transportation of goods and materials to connect suppliers with manufacturers, manufacturers with retailers, and retailers with consumers. To avoid problems with suppliers in times of capacity shortage, an inventory strategy is helpful. To read the entire blog visit BlueGrace Logistics. Inventory .
Oil price fluctuations. Fluctuations in oil prices and oil supply disruptions are majorly caused by political events, supply pipeline issues or weather problems. Oil price and logistics operating cost follows a linear pattern, and if we double our fuel prices, operating cost would increase by about a factor of 1.8.
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.
Today, Amex Auto Spares’ local procurement staff spend considerably more time negotiating best pricing with suppliers rather than trying to figure out what to buy! They have totally eliminated the use of Excel for planning and executing local purchases, which they were spending upwards of 5 hours a day on.
This blog examines how manufacturers, suppliers, and retailers can take back control and cut cuts by improving tender management. Many shippers expect prices to remain stable (44%) but no-one thinks that rates will decline (Transporeon/Xeneta survey, 2016). So what’s going on with ocean freight rates?
If you frequent our blog, you know that we often wax poetic about ecommerce order fulfillment and shipping, but today we’re going to talk about freight and freight shipping. large quantities of merchandise) from their manufacturers or suppliers directly to a warehouse or fulfillment center for storage and fulfillment services.
Choosing strategic suppliers Collaborate with trusted suppliers who can fulfill regular delivery schedules. This could also entail negotiating reasonable prices with these businesses. Utilize inventory management tools to estimate demand and monitor levels. Delays and supply problems are reduced as a result.
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.
Here’s our list of the four essential supply chain management tools you need to provide the best service at the best price. Procurement tools enable businesses to manage and automate purchase orders from suppliers and quickly settle accounts. Shipping Management. Demand Forecasting Tools. Start Building a Next-Level Supply Chain.
In this blog post, we will explore the highly effective ABCD Analysis technique for warehouse optimization with its pitfalls and how organizations can leverage their data to implement this strategy successfully based on Log-hubs experience over the last years. More blog posts, e-books, whitepapers, case studies etc.
In this blog post, we will explore the highly effective ABCD Analysis technique for warehouse optimization with its pitfalls and how organizations can leverage their data to implement this strategy successfully based on Log-hubs experience over the last years. More blog posts, e-books, whitepapers, case studies etc.
Today, Amex Auto Spares’ local procurement staff spend considerably more time negotiating the best pricing with suppliers rather than trying to figure out what to buy! How do tasks change when you implement automation solutions? What benefits do your clients see? I’d say that many tasks disappear altogether!
In this blog post, we will explore the highly effective ABCD Analysis technique for warehouse optimization with its pitfalls and how organizations can leverage their data to implement this strategy successfully based on Log-hubs experience over the last years. More blog posts, e-books, whitepapers, case studies etc.
In most cases, your business model will spring naturally from your product(s), the type of customer you’re targeting, and your pricing strategy. Suppliers of products such as car parts, office equipment, and raw materials are examples of B2B businesses. The remainder goes to the supplier or manufacturer.
In addition, TMS operators can often negotiate the best possible freight rates. You must evaluate the option in detail to know if it presents more pros than cons or vice versa. Without these checks and balances, companies tend to flit from carrier to carrier or use whichever one or two appear most convenient or economical.
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.)
View all Infosys blogs. The Infosys global supply chain management blog enables leaner supply chains through process and IT related interventions. In my previous blog , I highlighted the factors which helped e-commerce retailing develop in India. Consumers get their choice of goods as well get satisfied with the price they pay.
This department focuses on procurement, contract negotiation, systems integration, service audits, and business intelligenceall aimed at streamlining operations and delivering exceptional customer experiences. She has spearheaded TMS development, strategic pricing, and managed 3PL customers while developing parcel resale programs.
Without high levels of visibility into suppliers and sub-suppliers, companies increase their exposure to supply chain risks and become less resilient.” Shippers with access to existing data can better predict freight pricing for freight shipments. This makes clear that shippers need access to near-real-time data.
We organize all of the trending information in your field so you don't have to. Join 84,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content