Logistics Bureau

AUGUST 2, 2021

Emergency Purchase Rate. Emergency purchases are bad news for your business costs, continuity, and planning, and they also increase supply chain risk. For that reason, the emergency purchase rate KPI is one you should certainly be keeping an eye on. Purchase Order Cycle Time. Cost per Purchase Order and Cost per Invoice.

Procurement Analytics 118

Procurement Analytics Procurement Solutions Optimal Sourcing Procurement 118

Logistics Viewpoints

SEPTEMBER 6, 2023

The authors mention Amazon’s use of AI to suggest items to shoppers they may be interested in purchasing, based on past activity. Of course, the progress of Amazon Prime over the last decade has leveled the playing field quite a bit. Doing so as a limited time offer could certainly incentivize a timely purchase.

Inventory Reduction 156

Inventory Reduction Purchasing Skills Cost Reduction Modeling Software 156

Logistics Viewpoints

APRIL 6, 2023

The shift from traditional purchasing to a collaborative supply chain network is not just a change in nomenclature; it represents a fundamental transformation in the way organizations manage their supply chains. The costs associated with purchasing these items hit the “operational expenses” components of the company’s financial statements.

Optimal Sourcing 126

Optimal Sourcing Manufacturing Procurement Sourcing Strategies Procurement Analytics 126

Logistics Viewpoints

OCTOBER 24, 2024

At one of the demo booths, what stood out was the ability of the procurement solution to track savings leakage over the course of a contract. When a procurement contract is negotiated, the buyer has planned to achieve a certain level of savings. However, those savings can leak away in several different ways.

SAP 140

SAP Procurement Solutions Manufacturing Procurement Procurement Analytics 140

The Logistics of Logistics

OCTOBER 10, 2022

Purchase of clean energy to power our operations. The Port of Virginia’s diverse talent, agile use of technology, and command of our ever-changing industry sets the pace for the supply chain of today, while plotting the course for its tomorrow. Zero-emission technology.

Logistics Network Optimization Software 303

Logistics Network Optimization Software Supply Chain Software Maritime Supply Chains 303

Logistics Business Magazine

SEPTEMBER 12, 2022

As well as mock theory papers, associated knowledge question papers, course handouts, and test marking sheets. In-house Instructors and external training providers can use the new materials to deliver courses for novice and existing operators. All elements must be passed to successfully complete the course.

Buyer Training 66

Buyer Training Material Savings Training Trucking 66

Logistics Bureau

OCTOBER 1, 2024

I was going to say poor but inappropriate purchasing policies. You know, you’ve got to try and balance that purchase quantity versus purchase frequency and look at the total cost of ownership of inventory, not just the purchase price. Well, a lot of it is related to inventory management. It could be inappropriate.

Capacity 88

Capacity How To Sorting Purchasing Skills 88

The Logistics of Logistics

SEPTEMBER 25, 2018

We also learn about a sales improvement course specifically for people in the logistics industry that Joe and Ann are co-facilitating. 05:51 – #2: Purchasing professional’s involvement. Worldview of customer is often shaped by purchasing process. Podcast Show Notes: 00:21 – Joe welcomes Ann Holm to the show. Experts available.

Buyer Training 170

Buyer Training 3PL Purchasing Skills Logistics Network Optimization Software 170

Logistics Management

AUGUST 6, 2018

The old days of buying a lift truck as a commodity unrelated to other materials handling equipment purchases are going away. It’s all because of fundamental shifts in how distribution centers operate—and new technology, of course.

Trucking 63

Trucking Materials Handling Course Purchasing 63

Material Handling and Logistics

JANUARY 4, 2019

“I am especially interested in companies focusing on the 'citizen developer,' a term used to describe how software development impacts the entire organization — marketing, sales, finance, and of course engineering,” MIT Sloan lecturer Lou Shipley said. Where to Put Your Money. Retail Workforce.

Procurement Solutions 136

Procurement Solutions Modeling Software Optimal Sourcing Purchasing Skills 136

Logistics Viewpoints

JUNE 2, 2022

Stores quickly became hubs for returns of online purchases. All told, changes that might have occurred over the course of a few years, have happened in months. 100 percent of shoppers miss the instant gratification of store purchases. Then as stores started to reopen, buy online, pickup in-store (BOPIS) orders exploded as well.

Supply Chain Design Software 134

Supply Chain Design Software Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Software 134

Logistics Viewpoints

SEPTEMBER 1, 2023

Until now, the minimum purchase for free shipping has been $25. Before an Amazon delivery driver ever drops a package on someone’s doorstep in metro Denver, they have likely gone through a three-day course developed locally, one that could eventually serve as a model of delivery driver training across the country. Downing St.

Logistics Network Optimization Software 148

Logistics Network Optimization Software Purchasing Skills Negotiating Skills Price Reduction 148

The Lean Thinker

DECEMBER 14, 2023

Of course that implies that we (our community) is still largely stuck in the same groove we were a decade ago. It took four 11×17 (A3 size) sheets taped together to depict what happened as raw steel came in one end of the building and was cut, bent, welded, painted, and assembled with purchased components into the final product.

Outsourcing 195

Outsourcing Factories Exercises Procurement Analytics 195

Logistics Viewpoints

FEBRUARY 7, 2022

More SKUs available from local warehouses could also mean quicker replenishment cycles parts that are purchased infrequently. Of course, it is not just speed of printing that matters but cost. Of course, it is easier for venture capitalists to see potential when there are customer proof points. This vision has not been realized.

Manufacturing Procurement 141

Manufacturing Procurement Supply Chain Design Software Supply Chain Software Supply Chain Design 141

Logistics Business Magazine

FEBRUARY 13, 2024

With this step, the industrial truck manufacturer wants to set the course for the upcoming generational change in good time. Thomas Bach has also joined the management team as Director of R&D and Purchasing with immediate effect. Clark Europe GmbH, based in Duisburg, has expanded its management team.

Material Savings 56

Material Savings Manufacturing Procurement Purchasing Skills After-sales 56

Logistics Viewpoints

FEBRUARY 28, 2023

Of course, the key to inventory is having the right amount in the right location at the right time to meet customer demand, or face overstocks, high holding costs and eventual markdowns—or alternatively, overpromising, stockouts and lost sales. Need diapers delivered overnight? No problem. You got it.

Optimal Sourcing 128

Optimal Sourcing Inventory Reduction Sourcing Strategies Vendor Strategies 128

Ship Monk

MARCH 30, 2024

MonkProtect MonkProtect is a post-purchase suite that helps ecommerce brands “stress less and grow more” by protecting ecommerce orders. In the obvious sense that is evident in our expanding international presence , globally competitive shipping solutions , and of course our aforementioned import and export services.

3PL 104

3PL Supply Chain Design Software Optimization Software Supply Chain Software 104

Ship Monk

FEBRUARY 3, 2024

These people are genuinely interested in your product — so much so, that they have purchased your products. These tools can be used to identify where the visitor came from, how long they stay, what pages they visit on your website or shopping platform, and whether they purchase anything. How Often This is tricky.

eCommerce 104

eCommerce Tips Procurement Solutions Logistics Network Optimization Software 104

Logistics Bureau

SEPTEMBER 4, 2023

And, of course, I will also share how knowing your cost-to-serve will help you to solve those all-too-familiar performance gremlins. Potential Factors in Declining Margins To get to the root of the problem, understanding the costs of production or purchasing will be a necessary starting point, but typically, more information will be needed.

Negotiating Skills 90

Negotiating Skills Purchasing Skills Cost Reduction Analysis 90

Logistics Bureau

OCTOBER 4, 2024

The prime example usually given as one of the earlier examples of vertical integration is from the steel industry in the late 19th century, where Andrew Carnegie of Carnegie Steel purchased iron ore mines to get raw materials right from the source, as well as coal mines to power the equipment.

Supply Chain Planning Software 91

Supply Chain Planning Software Supply Chain Software Supply Chains Material Savings 91

Ship Monk

APRIL 11, 2024

Rates Some states (Alaska, Delaware, Montana, New Hampshire, and Oregon) don’t charge a general sales tax on purchases at all. excise taxes) may be levied by the federal, state, and local government simultaneously on the same purchase, each at a different rate. But what is meant by purchase price? These taxes (a.k.a.

eCommerce 104

eCommerce Tips Purchasing Skills Procurement Solutions 104

Ship Monk

MARCH 11, 2024

Did you know that 93% of consumers say that online reviews influence their purchase decisions? Of course, sometimes following the herd can lead us astray. Referrals One of the first things consumers do when making a big purchase is ask friends and family for recommendations. That’s a mind-blowing statistic.

eCommerce 104

eCommerce Logistics Network Optimization Software Case Study Procurement Solutions 104

Logistics Viewpoints

JUNE 8, 2022

Inflation has led me to review the likely magnitude of importance for certain purchases, as employee compensation is not increasing at the same rate as inflation, diminishing purchasing power. A review of similar comparisons may be informative in an environment of increasing interest rates.

Scenario Planning 145

Scenario Planning Analysis Events Purchasing Skills 145

Logistics Business Magazine

DECEMBER 13, 2023

Christmas Panic Robert concluded: “A broader choice of delivery options can of course mitigate some of this panic, with many consumers looking for faster options to ensure that they get their products in good time, leaving more time for merriment and less time for stressful shopping and travel.”

Training 65

Training Course Availability Analysis 65

Blue Grace Logistics

MAY 25, 2021

Innovation drives consumer markets and purchasing habits. If anything, that pace has only quickened due to the global pandemic as more and more consumers turned to online shopping to purchase goods during the lockdowns. Of course, there is the question of, “Why bother?” Census Bureau. That is a fair question.

Cost Reduction 62

Cost Reduction Purchasing Skills Procurement Solutions Purchasing 62

Trinity Logistics

AUGUST 23, 2024

The LTL carriers have course-corrected their capacity concerns. The purchased terminals and trailers meant increased footprint and capacity, which can be the difference between being the best and the biggest for LTL carriers. YRC’s freight volume has dispersed, and the dust has settled. Don’t worry, they were quickly resolved.

Industry 108

Industry Purchasing Skills Negotiating Skills Logistics Network Optimization Software 108

Logistics Viewpoints

JULY 11, 2022

These increasing labor costs occurred while Amazon was nearly doubled the size of their workforce over the course of two years. In many cases, Amazon can deliver these packages within hours of purchase. These investments allow Amazon to offer same-day delivery in 17 nations, including more than 140 metro areas in the U.S. and Europe.

Networks 161

Networks Purchasing Skills Supply Chain Planning Software Supply Chain Design Software 161

Ship Monk

SEPTEMBER 6, 2022

Of course there are eCommerce fulfillment software and inventory management systems that can do this for you, but every business owner should know the basics of inventory accounting methods. For most eCommerce businesses, inventory costs include the purchase price, freight, labor to get it on the shelves, and storage.

Purchasing Skills 52

Purchasing Skills eCommerce Inventory Procurement Solutions 52

Ship Monk

APRIL 5, 2024

Of course, it wouldn’t be a business strategy if there weren’t a couple more acronyms to learn. End relationships with uncooperative vendors whose goods can easily be purchased elsewhere. Set up a system for tracking the market price of goods you’re purchasing, and research other suppliers you might consider.

Negotiate Pricing 104

Negotiate Pricing Negotiating Skills eCommerce Purchasing Skills 104

Logistics Business Magazine

OCTOBER 25, 2022

Returning goods has become as an established part of shopping as buying them, since being accelerated during the era of growth in online shopping, where goods are purchased without being tried. Clothing topped the list of items people shop for by far, with almost a third of purchases returned (32%). Shoes come next (15%).

Cost Reduction 58

Cost Reduction Inventory Reduction Purchasing Skills Procurement Solutions 58

Ship Monk

OCTOBER 22, 2024

You like it, you deem it worth the $30 you’d be paying, you purchase it. Which, of course, also adds to cost but becomes a complicated process of changing hands and getting your goods back. However , that is assuming the customer accepts those costs. Imagine you are shopping online and there is a product for $30 you are interested in.

Procurement Solutions 70

Procurement Solutions Purchasing Skills eCommerce Price Reduction 70

Ship Monk

JANUARY 29, 2024

Each time a customer makes a purchase from your ecommerce brand they are giving you two things. And if the purchase doesn’t end up working out for some reason; they’re trusting that your ecommerce brand will take care of it and them. Of course it is, right? The first is obvious—their business. Let’s find out the TOP 10 now!

eCommerce 104

eCommerce Logistics Network Optimization Software Eliminating Excel in Purchasing Supply Chain Software 104

Logistics Business Magazine

OCTOBER 26, 2022

Our aim is to build long-lasting partnerships with our strategic suppliers, based on common values: consistent product quality, excellent service, innovation, commitment to environmental responsibility and of course competitiveness,” Parfum and Behling explain.

Material Savings 62

Material Savings Strategy Manufacturing Procurement Eliminating Excel in Purchasing 62

WorkWave

JUNE 30, 2021

Of course, there are some benefits—as well as challenges—with this model. A proper robotic mower can be fairly costly to purchase, so the initial investment can be rather steep. For particularly large properties, you may need to purchase a more robust model with a longer lasting battery. Things to Think About.

Cost Reduction 98

Cost Reduction Expense Reduction Price Reduction Purchasing Skills 98

ShipLilly

JUNE 28, 2021

Companies have made it easier for customers to return products to maintain a competitive edge over other companies but as a result, nearly half of the products that are purchased are sent back to their suppliers, and returns have increased dramatically. As more people continue to purchase products online, the cost of transportation is rising.

Vendor Strategies 98

Vendor Strategies Cost Reduction Expense Reduction Inventory Reduction 98

MTS Logistics

OCTOBER 14, 2022

Sale and purchase market. Of course, with Covid-19 restricting ports all over the world to prevent things from getting out of hand, freight rates skyrocketed. By looking at the recent purchases, we can see that they are looking to expand into the skies. There are many parallels comparative to the cycle witnessed in the 1930s.

Inventory Reduction 70

Inventory Reduction Price Reduction Cost Reduction Purchasing Skills 70

FreightWaves SONAR

APRIL 9, 2024

Have you purchased some type of technology in the past year to support your business? Our experts can help you analyze your lanes and decide the best course of action. If so, then you probably know that customer service is not always at the top of most vendors’ minds once the sale has been made. SONAR is different.

Procurement Solutions 59

Procurement Solutions Data Course How To 59