article thumbnail

LTL in a Post-Yellow World with Curtis Garrett

The Logistics of Logistics

Curtis’ career has taken him through LTL operations – both driver and dock, Weights and Research, pricing, yield management, strategy, sales, and technology. Their flagship course, Understand LTL: Building an LTL Brain , was released in November 2022 and is designed to make LTL less frustrating and intimidating.

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.

Insiders

Sign Up for our Newsletter

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

article thumbnail

At St. Luke’s, Supply Chain Excellence Depends Upon Doctor Involvement

Logistics Viewpoints

Luke’s began to build new supplier relationships. “We We built strategic supplier partnerships.” The net result of that was about $100 million in savings over the course of 10 years. If we go from six suppliers down to three, this is how it affects price and ultimately helps you build a deeper partnership.”

article thumbnail

9 Barriers to Optimal Inventory and How to Break them Down

Logistics Bureau

Suffice it to say that, generally, it’s wise to hold service as the non-negotiable element of inventory optimisation, thereby seeking to keep the right amount of stock to meet required service levels while minimising the inventory costs as much as possible. 3: Supplier Lead Time. How Does Lead Time Affect Inventory?

article thumbnail

Cost to Serve Analysis—And the Costs of Neglecting It

Logistics Bureau

And, of course, I will also share how knowing your cost-to-serve will help you to solve those all-too-familiar performance gremlins. Process Performance What if the problem isn’t connected to products, customers, or pricing but lies instead with process performance? We’ll begin with a look at pricing strategy.

article thumbnail

Retail Supply Chain Management: A Guide

Logistics Bureau

So everything in the retailer’s Supply Chain strategy needs to be focused on the customer, and of course the shareholders, that goes without saying. Well that of course depends on the type of retailer we’re talking about. Price; this needs to be competitive. Quality is of course a given. Often 60-70% of total sales.

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.