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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.

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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.

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7 Mini Case Studies: Successful Supply Chain Cost Reduction and Management

Logistics Bureau

The following five mini case studies explore a few high-profile companies that have managed to sustain their supply chain cost-reduction efforts and keep expenses under control. per chip were bearable for units selling for $100, but the price of the new chip was a fraction of that, at about $20. Supply chain costs of around $5.50

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Reducing Working Capital in Supply Chains

Logistics Bureau

However, it corresponds to the amount of money you need to keep your supply chain working, so in reality you want to decrease it – without hurting supply chain performance, of course. Current liabilities are typically accounts payable, meaning money you are due to pay out, for example to suppliers.

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10 Freight Management Mistakes and How to Avoid Them

Logistics Bureau

Indeed, a study completed last year shows that only around 26% of companies were using a transportation management system. As recently as four or five years ago, the reason for the low adoption of TMS products would have been easier to understand. In addition, TMS operators can often negotiate the best possible freight rates.

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Supply Chain & Logistics Education: Ask the Professors

The Logistics Academy

Darren Prokop, University of Alaska Anchorage (UAA): As in the academic world in general, there is a trend to online course delivery. We also provide frameworks for effective interactions with others in courses such as purchasing, negotiation, professional selling, and team-based assignments.

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Why Is It So Hard to Find Good Help These Days?

Material Handling and Logistics

As the phenomenon of Big Data has taken hold in the private sector, many firms which as recently as 10 years ago devoted minimal resources to large scale database mining and analytics have reversed course. Once in, you’ve got to stay the course. This method is also a part of the IRB study to test it on 30 people. . Blockchain.