Remove Course Remove Meeting Remove Negotiate Pricing
article thumbnail

Maximize Ecommerce Supplier Relationships

Ship Monk

When was the last time you thought about your business’ relationship with its suppliers? The last time they raised prices? So much attention is paid to negotiating the price of the goods and coordinating the delivery that very little thought goes into the quality of the relationship and how improving it might help you both.

article thumbnail

9 Barriers to Optimal Inventory and How to Break them Down

Logistics Bureau

Instead, your company’s optimal inventory performance will be such that you can meet the service levels you aspire to (or to which your customer agreements commit you) with the barest minimum negative impact on profit and working capital. 3: Supplier Lead Time. No inventory optimisation solution comes without tradeoffs.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

This Week in Logistics News (February 11 – 17)

Logistics Viewpoints

The American and Canadian militaries believe that the balloon was for surveillance, while the Chinese government said it was a civilian meteorological research airship that had blown off course. Some companies expect to cut ocean-freight rates by half or more, which in turn could allow retailers to slow or stop price increases for goods.

article thumbnail

Global Logistics Market Analysis: 2022 Summer Edition

MTS Logistics

Last year was marked with capacity issues and high prices, but today, freight prices have decreased, while capacity has increased. Of course, we may still experience more factories in Asia not operating at 100 percent capacity, further trucking shortages, port issues, etc. They also agreed demand spikes caused higher pricing.

article thumbnail

What is Supply Chain Consulting?

Logistics Bureau

Supply chain consulting is an advisory service that helps organisations optimise their flow of goods, services, and information, starting with raw material suppliers through to end consumers. Consultants can also assist in managing your supply base, ensuring you select the right suppliers and establish effective commercial agreements.

article thumbnail

10 Freight Management Mistakes and How to Avoid Them

Logistics Bureau

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.

article thumbnail

The Top 10 Features of Effective Supply Chain Managers

GlobalTranz

On this position, you’d be managing all activities for purchasing raw materials, delivering them to the right point across the organization, making sure the organization is producing enough supply to meet the demand of the audience, and deliver the product to the right place at the right time. You want to meet those standards?