EazyStock

FEBRUARY 17, 2021

Inventory Replenishment Strategies to Boost Profitability. Managing variable supplier lead times. To overcome all these inventory management risks, you need a toolbox of effective inventory replenishment strategies. 5 Inventory Replenishment Strategies to Increase Profits. Both can be very costly.

Inventory Reduction 75

Inventory Reduction Material Savings Price Reduction Cost Reduction 75

FreightWaves SONAR

FEBRUARY 4, 2021

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.

Optimization Software 98

Optimization Software Negotiate Pricing Negotiating Skills Optimization Modeling 98

SYSPRO Smarter ERP

JANUARY 12, 2022

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.

Manufacturing Procurement 105

Manufacturing Procurement Optimal Sourcing Procurement Solutions Supply Chain Planning Software 105

Logistics Bureau

SEPTEMBER 4, 2023

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.

Negotiating Skills 98

Negotiating Skills Purchasing Skills Cost Reduction Analysis 98

Ship Monk

MARCH 20, 2025

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.

Optimal Sourcing 52

Optimal Sourcing Sourcing Strategies Supply Chain Planning Software Supply Chain Design Software 52

Ship Monk

FEBRUARY 20, 2025

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. Strategies for Combating Rising Costs Don’t worry, though!

Negotiating Skills 52

Negotiating Skills Cost Reduction Inventory Reduction Negotiate Pricing 52

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

EazyStock

NOVEMBER 19, 2020

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.

Replenishment 98

Replenishment Optimal Sourcing Inventory Reduction Supply Chain Planning Software 98

Logistics Bureau

JULY 25, 2022

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.

Supply Chain Design Software 98

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

Blue Grace Logistics

SEPTEMBER 21, 2021

This impacts your business with inconsistent rates, uncertainty of available equipment, fulfillment strategy, and more importantly the customer experience. Our economy relies on the transportation of goods and materials to connect suppliers with manufacturers, manufacturers with retailers, and retailers with consumers. Inventory .

Material Savings 62

Material Savings Capacity Optimal Sourcing Inventory Reduction 62

Locus

DECEMBER 7, 2021

With the pandemic and political instability, businesses in the Middle East have begun to reconsider supply chain strategy to improve their resilience. Oil price fluctuations. Fluctuations in oil prices and oil supply disruptions are majorly caused by political events, supply pipeline issues or weather problems.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 52

GlobalTranz

JANUARY 5, 2017

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.

Cost Reduction 66

Cost Reduction Price Reduction Warehousing Waste Reduction 66

GlobalTranz

FEBRUARY 12, 2018

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. It’s never boring.

Supply Chain Planning Software 70

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

Transporeon

APRIL 2, 2019

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?

Price Reduction 48

Price Reduction Cost Reduction Negotiate Pricing Freight 48

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

EazyStock

MAY 28, 2019

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! My strategy for choosing to implement any platform is simple: It solves a pain point which we can understand. What benefits do your clients see?

Automation 49

Automation Negotiating Skills Modeling Software Procurement Solutions 49

3PL Links

JUNE 19, 2024

How can Self Storage help in applying these strategies? Choosing strategic suppliers Collaborate with trusted suppliers who can fulfill regular delivery schedules. This could also entail negotiating reasonable prices with these businesses. But how can we understand so many branching methods in this sector?

Expense Reduction 48

Expense Reduction Inventory Reduction Optimal Sourcing Sourcing Strategies 48

Log-hub

NOVEMBER 22, 2023

Efficient inventory management, layout organization, and operational strategies are key to meeting customer demands while minimizing costs and maximizing profits. Efficient replenishment strategies: Implementing distinct replenishment and restocking strategies for various categories to avoid stockouts and overstock scenarios.

Inventory Reduction 40

Inventory Reduction Analysis Material Savings Waste Reduction 40

Log-hub

NOVEMBER 22, 2023

Efficient inventory management, layout organization, and operational strategies are key to meeting customer demands while minimizing costs and maximizing profits. Efficient replenishment strategies: Implementing distinct replenishment and restocking strategies for various categories to avoid stockouts and overstock scenarios.

Inventory Reduction 40

Inventory Reduction Analysis Material Savings Waste Reduction 40

Log-hub

NOVEMBER 22, 2023

Efficient inventory management, layout organization, and operational strategies are key to meeting customer demands while minimizing costs and maximizing profits. Moreover, AI excels in preventing stockouts and overstocking, promotes supplier collaboration, and optimizes warehouse management.

Inventory Reduction 40

Inventory Reduction Analysis Material Savings Waste Reduction 40

CLX Logistics

SEPTEMBER 9, 2022

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.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Procurement Solutions Optimization Software 52

Ship Monk

AUGUST 28, 2023

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.

Modeling Software 52

Modeling Software eCommerce Modeling Manufacturing Procurement 52

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

MAY 8, 2023

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.

Negotiating Skills 52

Negotiating Skills Cost Reduction Resource Reduction Price Reduction 52

EazyStock

MAY 28, 2019

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! My strategy for choosing to implement any platform is simple: It solves a pain point which we can understand. What benefits do your clients see?

Automation 40

Automation Negotiating Skills Modeling Software Procurement Solutions 40

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

Infosys Supply Chain Management

MARCH 30, 2012

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.

Supply Chain Planning Software 25

Supply Chain Planning Software Supply Chain Software Supply Chains Manufacturing Procurement 25

FreightWaves SONAR

FEBRUARY 17, 2021

Mobile devices have proven optimal for implementing innovative strategies, connecting freight loads with other equipment and assets , and more. Without high levels of visibility into suppliers and sub-suppliers, companies increase their exposure to supply chain risks and become less resilient.”

Supply Chain Planning Software 98

Supply Chain Planning Software Data Negotiating Skills Negotiate Pricing 98

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