Blue Grace Logistics

MARCH 26, 2024

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.

Negotiating Skills 117

Negotiating Skills Cost Reduction Waste Reduction Inventory Reduction 117

SYSPRO Smarter ERP

NOVEMBER 18, 2024

For example, an ERP for automotive distributors needs to include not just a standard sales function but also allow for automotive-specific processes like call-offs and contract pricing, as well as other processes like returns and lot traceability. There are several business processes that an ERP must have to support automotive distribution.

ERP 98

ERP Optimal Sourcing Purchasing Skills Manufacturing Procurement 98

GoShip Blog

AUGUST 4, 2020

Creating and sticking to the right truckload shipping strategy can enhance your overall efforts, save money, and increase profitability. Generally, truckload shipping strategies are created to make your freight more attractive to carriers, reduce costs, decrease risks and claims , and increase overall shipping efficiency.

Resource Reduction 86

Resource Reduction Price Reduction Cost Reduction Strategy 86

GoShip Blog

MARCH 19, 2025

Understanding truckload freight rates can significantly impact your shipping budget and logistics strategy. Current Truckload Rate Trends The truckload shipping market continues to evolve in 2025, with several key trends emerging: National Averages: Dry van freight currently averages $2.65 and flatbed at $2.93.

Material Savings 52

Material Savings Negotiating Skills Cost Reduction Price Reduction 52

3PL Links

OCTOBER 15, 2024

This type of system helps you monitor current inventory, forecast demand, and reduce unnecessary storage costs. Additionally, tools that analyze customer purchasing trends can help you make informed decisions about when and what to stock. Regular touchpoints between teams can also help iron out any issues before they escalate.

Inventory Reduction 62

Inventory Reduction Logistics Network Optimization Software Supply Chain Software Expense Reduction 62

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. This trend is expected to continue, making it essential to find ways to mitigate these costs. Carrier Consolidation: The dominance of UPS and FedEx creates a duopoly, giving them significant pricing power.

Negotiating Skills 59

Negotiating Skills Cost Reduction Inventory Reduction Negotiate Pricing 59

GoShip Blog

FEBRUARY 6, 2025

You can cut costs without cutting corners. According to industry research, businesses that optimize their shipping strategy can reduce costs by up to 30%. Ship Smarter by Consolidating Your Shipments One of the easiest ways to reduce costs is to consolidate shipments whenever possible. The good news?

Cost Reduction 52

Cost Reduction Material Savings Expense Reduction Price Reduction 52

Blue Grace Logistics

APRIL 1, 2024

It can be a direct reflection of current market trends, as many publicly traded companies operate within the global supply chain. In an era where resilience and adaptability are key to survival, technology has become the bedrock upon which supply chain professionals build their strategies.

Optimal Sourcing 127

Optimal Sourcing Supply Chain Software Optimization Software Supply Chain Planning Software 127

FreightWaves SONAR

APRIL 1, 2021

Many LTL industry trends, including capacity limitations, increasing accessorials, surcharge rates, changes in market trends and buying patterns, are almost certain to continue through 2021 and for some time to come. That gave rise to a new time pricing strategy, dimension (DIM) pricing. . Download the White Paper.

Negotiating Skills 98

Negotiating Skills Price Reduction Trends How To 98

3PL Links

NOVEMBER 26, 2024

These can be critical problems for companies looking to increase productivity and reduce expenses in logistics operations. Automation in logistics is like putting technology to do the heavy lifting, reducing errors and saving time. In addition, errors are also reduced, as the robots follow only the programmed instructions.

Supply Chain Software 62

Supply Chain Software Logistics Network Optimization Software Optimization Software Supply Chain Planning Software 62

GlobalTranz

APRIL 6, 2015

Editor’s Note: This blog post is from SupplyChainOpz. Look at these 7 supply chain trends as a guide to better your supply chain today. In this article, Professor Burcu Keskin from University of Alabama will share 7 supply chain trends that working professionals should watch. 4) Management of Complexity.

Optimal Sourcing 118

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Manufacturing Procurement 118

Blue Grace Logistics

MARCH 12, 2025

It adds that by analyzing revenue forecasts, inventory levels, and order volumes, the index provides industry stakeholders with valuable insights into what to expect in the next quarter and how these trends reflect the freight market.

Inventory Reduction 62

Inventory Reduction Resource Reduction Cost Reduction Price Reduction 62

Freightos

OCTOBER 15, 2024

Blog " * " indicates required fields Email * Name This field is for validation purposes and should be left unchanged. Europe prices (FBX11 Weekly) fell 11% to $3,625/FEU. Asia-Mediterranean prices (FBX13 Weekly) fell 8% to $4,118/FEU. America weekly prices decreased 23% to $5.43/kg. China – N.

Price Reduction 77

Price Reduction Cost Reduction Expense Reduction Resource Reduction 77

Now, That's Logistics

JULY 5, 2023

Welcome to my blog series, where we delve into the dynamic world of the land transport industry. As a seasoned professional with 30+ years of experience in this ever-evolving sector, I am excited to share my industry insights and provide commentary on the latest news and trends shaping the landscape.

Cost Reduction 145

Cost Reduction Price Reduction Supply Chain Planning Software Supply Chain Software 145

Transporeon

SEPTEMBER 20, 2018

In the context of cross-industry implementation of continuous-flow and lean manufacturing, delivery volumes are shrinking and delivery times are being reduced. At the same time, competitive pressure is increasing and all parties are trying to cut prices and costs. Adapt the freight allocation strategy to handle scarcity .

Price Reduction 101

Price Reduction Cost Reduction Resource Reduction Capacity 101

3PL Links

MARCH 29, 2023

Image Source: Pexels | Exploring Top 10 Logistics Trends for 2023 and Beyond The adoption of new technology will modernize your company, ensure strong competitive advantages, and make jobs that before looked difficult efficient and productive. Image Source: Pexels | Exploring Top 10 Logistics Trends for 2023 and Beyond 6.

Trends 107

Trends Supply Chain Design Software Logistics Network Optimization Software Optimal Sourcing 107

Log-hub

FEBRUARY 12, 2025

In our previous blog, we explored how matrices enhance supply chain efficiency, from inventory management to logistics. By leveraging these technologies, businesses can optimize operations, reduce costs, and make smarter, data-driven decisions. This reduces last-minute disruptions and improves overall supply chain resilience.

Supply Chain Planning Software 52

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

Trinity Logistics

DECEMBER 29, 2021

In this blog, we’re going to dive into some of the latest trends in the food and beverage industry. TRENDS IN THE FOOD AND BEVERAGE INDUSTRY. INCREASED COFFEE PRICES. One of the well-known trends in the food and beverage industry is the continued growth of cold chains. What will we see going into 2022 and beyond?

Trends 118

Trends Food and Agriculture Industry Waste Reduction 118

FreightWaves SONAR

JANUARY 5, 2021

Although many carriers have worked diligently towards reducing operational costs and increasing profit margins, there is still work to do for the top for-hire truckload freight carriers to improve. Freight data reduces dwell time and load time. Operational costs continue to increase for carriers year to year.

Cost Reduction 105

Cost Reduction Waste Reduction Expense Reduction Price Reduction 105

FreightWaves SONAR

FEBRUARY 25, 2021

However, the sheer amount of fees applied in the process to price freight for a load can amount to quite a hefty sum. . But knowing what’s happening based on historic, peer and market data can help shippers figure out how carriers price freight loads. ” This means knowing how a carrier or shipper approaches freight pricing.

Negotiating Skills 92

Negotiating Skills Price Reduction Expense Reduction Data 92

Freightos

NOVEMBER 7, 2023

Blog " * " indicates required fields Email * Phone This field is for validation purposes and should be left unchanged. Asia-US East Coast prices (FBX03 Weekly) climbed 7% to $2,357/FEU. Europe prices (FBX11 Weekly) increased 18% to $1,249/FEU. Asia-Mediterranean prices (FBX13 Weekly) increased 13% to $1,551/FEU.

Negotiating Skills 133

Negotiating Skills Price Reduction Vendor Strategies Cost Reduction 133

GlobalTranz

MAY 4, 2015

Jabil sponsored a global Dimensional Research survey to capture hard data on current experiences, challenges and trends with the supply chains of electronics manufacturing companies. The results show some of the biggest supply chain management trends in supply chains for 2015.

Supply Chain Software 120

Supply Chain Software Manufacturing Procurement Supply Chains Trends 120

GlobalTranz

OCTOBER 19, 2016

Editor's Note: This is a blog from our friend Augie Grasis who shows us how big data can work to our advantage with dynamic freight pricing. One example of the utilization of Big Data is dynamic pricing of LTL freight. But wait—does the shipper really get the benefit of these reduced rates?

Price Reduction 96

Price Reduction Data Freight 3PL 96

GoShip Blog

MARCH 26, 2025

Key Factors Affecting Truckload Freight Rates Gas Prices = Major Factor Just like how we budget more for Ubers when gas prices spike, trucking companies do the same thing. When everyone wants the same thing at the same time, prices go up. It’s basically surge pricing, but for trucks!

Expense Reduction 52

Expense Reduction Price Reduction Freight Cost Reduction 52

Freightos

NOVEMBER 15, 2023

Blog " * " indicates required fields Email * Email This field is for validation purposes and should be left unchanged. Asia-US East Coast prices (FBX03 Weekly) climbed 3% to $2,421/FEU. Asia-US East Coast prices (FBX03 Weekly) climbed 3% to $2,421/FEU. Europe prices (FBX11 Weekly) increased 11% to $1,381/FEU.

Price Reduction 118

Price Reduction Negotiating Skills Vendor Strategies Resource Reduction 118

FreightWaves SONAR

MARCH 2, 2021

True transportation cost analysis goes well beyond benchmarking to analyze, monitor and forecast trends that can be used to the shipper’s advantage. A trend that continues among shippers nationwide is better monitoring and utilization of analysis within the supply chain. Consider this fact. origin and destination pairings.

Analysis 98

Analysis Price Reduction Cost Reduction Supply Chain Planning Software 98

GoShip Blog

DECEMBER 29, 2022

Fortunately, there are effective strategies you can employ to reduce your e-commerce store’s shipping costs. These platforms generally negotiate rates with carriers and offer pricing discounts or accessorial fee waivers based on shipping volume. Check USPS Rates For Options to Reduce Shipping Costs .

Cost Reduction 52

Cost Reduction Price Reduction Inventory Reduction Negotiating Skills 52

SYSPRO Smarter ERP

JUNE 5, 2023

One of the key strategies is leveraging embedded analytics within their ERP system to make faster data-driven decisions. In this blog post we will explore the benefits of centralized analytics within your ERP software. The post Four benefits of centralized analytics within your ERP system appeared first on SYSPRO Blog.

Optimization Software 98

Optimization Software ERP Price Reduction Cost Reduction 98

Trinity Logistics

SEPTEMBER 22, 2023

In this blog, we’re going to dive into some of the latest trends in the food and beverage industry. Recently, there’s been an increased demand for temperature-sensitive drugs (think covid vaccines and biologics), rising demand for better food quality, a surging need to reduce food waste, and growing demand for generic drugs.

Trends 96

Trends Waste Reduction Industry Supply Chain Planning Software 96

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

Locus

JUNE 16, 2023

Fuel costs: Last-mile fuel costs require careful management as they make up 25% of a truck’s operational costs over volatile price fluctuations. A recent analysis by the American Trucking Associations (ATA) indicates that if existing trends persist, we could see a potential driver shortage reaching up to 175,000 by 2024.

Cost Reduction 98

Cost Reduction Expense Reduction Inventory Reduction Price Reduction 98

GlobalTranz

APRIL 20, 2021

Large companies with a supply chain risk strategy already in place couldn’t fully cope with the impact of the pandemic. It’s the result of a deliberate strategy that may require tradeoffs compared to other approaches. This strategy requires greater investment and inventory carrying costs but enables continued production.

Supply Chain Planning Software 115

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 115

Freightos

JULY 24, 2024

Blog " * " indicates required fields Email * Comments This field is for validation purposes and should be left unchanged. Higher ocean freight costs have forced SMB retailers to adjust their pricing strategies. Approximately half of the respondents have increased their product prices due to the spike in freight rates.

Supply Chain Software 124

Supply Chain Software Supply Chains Price Reduction Cost Reduction 124

WorkWave

NOVEMBER 6, 2023

In this blog post, we will delve into the intricacies of order management, the role of an Order Management System (OMS), what happens after checkout and how to master your order management strategy with the help of cutting-edge order management systems and order management software. What Is Order Management?

Inventory Reduction 52

Inventory Reduction Price Reduction Cost Reduction Ordering 52

Freightos

NOVEMBER 28, 2023

Blog " * " indicates required fields Email * Phone This field is for validation purposes and should be left unchanged. Asia-US East Coast prices (FBX03 Weekly) fell 1% to $2,362/FEU. Asia-US East Coast prices (FBX03 Weekly) fell 1% to $2,362/FEU. Europe prices (FBX11 Weekly) fell 6% to $1,211/FEU.

Negotiating Skills 112

Negotiating Skills Price Reduction Vendor Strategies Resource Reduction 112

FreightWaves SONAR

JANUARY 25, 2021

And the overall industry trucking trends imply an absolute need to grow more strategically. For managers in the transportation industry, freight load pricing accuracy remains a source of confusion and disruption. The post How to price freight loads: carriers that use data price more accurately appeared first on SONAR.

Price Reduction 86

Price Reduction Data Supply Chain Software Supply Chain Planning Software 86

Carter Logistics

JANUARY 28, 2019

Blog Topics. Near-sourcing – a business moving its operations closer to where its end products are sold – is a growing trend as well as a strategy in the supply chain industry today. Additionally, prices of the past may no longer buy the same level of quality in outsourced products.

Sourcing Strategies 101

Sourcing Strategies Manufacturing Procurement Sourcing Resource Reduction 101