The Logistics of Logistics

SEPTEMBER 12, 2020

His primary research stream examines firms’ logistics operations, with an emphasis on studying motor carrier safety, productivity, pricing dynamics, and driver turnover. Supply Chain Definition. Manufacturing strategies. Withrow Endowed Emerging Scholar at Michigan State University’s Eli Broad College of Business.

Supply Chain Design Software 195

Supply Chain Design Software Supply Chain Design Supply Chain Software Supply Chains 195

The Lean Thinker

MARCH 9, 2020

In that post I told a true story of a company that placed very heavy emphasis on reducing inventory levels without digging into how that performance was achieved. Wait times were reduced – at least on paper. I can make my defect rates improve by altering the definition of “defect.” And it worked.

Cost Reduction 195

Cost Reduction Price Reduction Inventory Reduction Material Savings 195

Logistics Viewpoints

DECEMBER 7, 2021

Carrier capacity management strategies ease the crunch. Proactive shippers have used multi-carrier parcel shipping technologies and strategies to navigate rising carrier costs for years. Multi-carrier shipping strategies also need rules in place related to delivery time requirements, special conditions (hazmat, refrigeration, etc.),

Price Reduction 110

Price Reduction Cost Reduction Inventory Reduction Capacity 110

TransAudit

AUGUST 19, 2024

Understanding how these fluctuations affect both parties can help in developing strategies that foster mutually beneficial and lasting partnerships. Understanding Market Swings Definition of Market Swings Market swings refer to the cyclical changes in supply and demand within the transportation industry.

Price Reduction 86

Price Reduction Expense Reduction Negotiating Skills Cost Reduction 86

LandLink

SEPTEMBER 29, 2021

The debate over whether density-based pricing will succeed in toppling the traditional National Motor Freight Classification’s (NMFC) based pricing in the LTL industry is an ongoing debate. Carriers are pushing for dimensional pricing to manage the margins on lightweight shipments. This is the basis of the argument.

Price Reduction 62

Price Reduction Definition Packaging Freight 62

FreightWaves SONAR

MARCH 2, 2021

And if shippers know more about how carriers price freight, they are better able to identify those trends based on market signals and pre-empt carrier pricing changes. . You could be missing out on competitively priced options if you’re not constantly building relationships with carriers and getting quotes for different services.

Analysis 98

Analysis Price Reduction Cost Reduction Supply Chain Planning Software 98

Logistics at MPEPS at UPV

APRIL 4, 2020

Logistics, with the gradual control of the virus, logistics and traffic are gradually returning to work, all shipping schedules and ports are also operating normally, but air transport flights are reduced, short-term logistics costs will definitely rise, here, solemnly rumor, the United States does not prohibit Receipt and delivery.

Inventory Reduction 52

Inventory Reduction Price Reduction Cost Reduction Operations 52

Now, That's Logistics

DECEMBER 18, 2020

With a large majority of passenger plans grounded worldwide, there was a resultant 90% reduction in airfreight capacity (and a 35% reduction in cargo capacity). With less capacity available on the market, the capacity that was available fetched premium prices. Rates Go Through the Roof. Capacity Begins to Come Back.

Price Reduction 167

Price Reduction Capacity Cargo Government 167

MTS Logistics

MARCH 16, 2020

For container trade, the effect of oil prices on container freight rates is estimated to be larger in periods of sharply rising and more volatile oil prices, compared to periods of low and stable oil prices. By the law, regulations are aimed at improving human health by reducing air pollution.

Price Reduction 76

Price Reduction Maritime Cost Reduction Supply Chain Software 76

Conger

JUNE 20, 2018

New Forklift Prices. Used Forklift Prices. When purchasing a new forklift you can expect to pay the list price. However, price shouldn’t be the only thing on your mind. Though you’ll pay a higher price, with new forklifts you can potentially get exactly what you want. NEW FORKLIFT PRICES. MAINTENANCE COSTS.

Purchasing Skills 51

Purchasing Skills Negotiating Skills Definition Price Reduction 51

The Logistics of Logistics

OCTOBER 23, 2019

It all comes down to service and pricing at the end of the day. Bringing transparency to pricing is important to people in this industry. [05:24] Mexico is definitely more challenging. [13:00] To me, automation means not having to spend an hour figuring out how to price a load. Service is anything from “where’s my load?

Automation 150

Automation Transportation Logistics Network Optimization Software Price Reduction 150

3PL Links

DECEMBER 10, 2024

This article will provide a detailed reference to LTL shipping, including the definition of LTL, shipping prices, delivery method, and how to manage your LTL shipment to the fullest. LTL freight is typically priced based on the shipment’s weight/volume, transportation mileage, and other freight shipping charges.

Optimal Sourcing 62

Optimal Sourcing Purchasing Skills 3PL Price Reduction 62

Logistics Bureau

JANUARY 7, 2020

The definition above is not from any textbook, but is one that I am sure you will agree, describes a state of affairs that any corporate leader or business owner would be happy to attain. . Supply Chain Strategy. A properly designed supply chain strategy is an enabler for achieving commercial goals and consequently, corporate success.

Supply Chain Design Software 111

Supply Chain Design Software Supply Chain Design Inventory Reduction Cost Reduction 111

Logistics Bureau

JUNE 5, 2023

There are ways and means to reduce excess expenditure in fleet operation , and you can separate them roughly into three categories. Consider Downsizing Your Fleet Reducing fleet size might be the most drastic option for cost reduction, but it’s also the one likely to deliver the most significant savings.

Cost Reduction 91

Cost Reduction Purchasing Skills Price Reduction Waste Reduction 91

SYSPRO Smarter ERP

JANUARY 23, 2023

Fossil fuel energy prices are expected to remain high, so reducing energy consumption can reduce costs. New industrial processes that reduce emissions can also lower the cost of energy. What is ESG The ESG areas cover these issues. Manage the portfolio. Rethink the operating model.

ERP 111

ERP Waste Reduction Optimal Sourcing Supply Chain Planning Software 111

GlobalTranz

OCTOBER 13, 2015

Did you know by definition, a 3PL is considered a freight broker and must go through the process each year to invest in their own business so they can support those? If you've been eyeing the idea of starting your own freight brokerage, the startup costs have definitely been on your mind. Licensing Costs. Money-Saving Tips.

Negotiating Skills 109

Negotiating Skills Cost Reduction Price Reduction Freight 109

GlobalTranz

SEPTEMBER 12, 2016

The Definition of Procurement Logistics. Communications Strategy – The communications strategy is how a company decides to make a product available. Purchasing Strategy – The purchasing strategy is how a company decides to go about obtaining the materials needed for manufacturing. What Is Procurement Management?

Manufacturing Procurement 101

Manufacturing Procurement Procurement Solutions Procurement Analytics Optimal Sourcing 101

MTS Logistics

MARCH 25, 2024

The terms, conditions, and prices for shipping products in ocean freight containers are governed by these contracts. Important Components of Contracts for Ocean Freight The negotiation of rates and prices is a fundamental component of maritime freight contracts. No large-scale shipper can go all in on the spot market.”

Negotiating Skills 105

Negotiating Skills Freight Price Reduction Expense Reduction 105

Logistics Viewpoints

APRIL 30, 2021

Watching the commercial definitely made me feel nostalgic for the good old days of 80’s cartoon mascots. Governments and companies taking part will pay countries with tropical and subtropical forests for emissions reductions, a move it hopes will help reduce and eventually end deforestation. That’s all for this week.

Logistics Network Optimization Software 124

Logistics Network Optimization Software Supply Chain Planning Software Waste Reduction Cost Reduction 124

Ship Monk

JULY 7, 2022

This article will define minimum order quantity, show you some examples, and help you decide if it’s the right strategy for the type of items you sell online. Minimum Order Quantity Definition. Minimum Order Quantity vs. Pricing Strategy. You’ll have to do the calculations, but we can get you started.

Purchasing Skills 98

Purchasing Skills eCommerce Ordering Negotiating Skills 98

Logistics Viewpoints

AUGUST 16, 2021

ARC’s definition is that a supply chain collaboration network is a “collaborative solution for supply chain processes built on a public cloud – many-to-many architecture – which supports a community of trading partners and third-party data feeds. The carrier responds that they can take the load, or not, and the price of the move.

Supply Chain Planning Software 122

Supply Chain Planning Software Supply Chain Software Supply Chains Digital 122

CH Robinson Logistics

MAY 18, 2021

Today, retailers and supply chain professionals need to have a plan in place to minimize waste and cut down on inefficiencies in reverse logistics. Customer returns also fit this definition and make up a large percentage of reverse logistics concerns that retailers and logistics organizations handle. What is reverse logistics?

Reverse logistics 64

Reverse logistics Supply Chain Planning Software Material Savings Inventory Reduction 64

GlobalTranz

AUGUST 9, 2017

But, shippers who understand the top factors influencing parcel pricing, such as dimensional (DIM) pricing models , they can locate additional savings by eliminating unnecessary costs and maintaining better control over shipping practices. Weight and Dimensional Pricing. Rate Types. Surcharges. Service Charges.

Negotiating Skills 49

Negotiating Skills Price Reduction Cost Reduction Waste Reduction 49

Ship Monk

JANUARY 9, 2024

Multichannel to Omnichannel You’ve heard us talk about a multichannel sales strategy before, and we’re happy to say that most of our ecommerce clients are already doing this. If your ecommerce brand hasn’t explored other sales channels, you are definitely missing out. Find ways to lower costs so they can compete with Amazon on price.

eCommerce 105

eCommerce Trends Optimization Software Supply Chain Software 105

GlobalTranz

AUGUST 9, 2016

Lean thinking focuses on the elimination of all waste (where waste is defined as any non-value added process) and bringing value to the customer , beyond the customer’s expectations. The are the 8 Rights of Lean Transportation thinking: Right Materials, Right Quantity, Right time, Right Place, Right Source, Right Price, Right Quantity, and.

Waste Reduction 53

Waste Reduction Cost Reduction Inventory Reduction Price Reduction 53

Conger

JUNE 20, 2018

New Forklift Prices. Used Forklift Prices. When purchasing a new forklift you can expect to pay the list price. However, price shouldn’t be the only thing on your mind. Though you’ll pay a higher price, with new forklifts you can potentially get exactly what you want. NEW FORKLIFT PRICES. MAINTENANCE COSTS.

Purchasing Skills 40

Purchasing Skills Negotiating Skills Definition Price Reduction 40

Morai Logistics

SEPTEMBER 14, 2018

The definition of ‘supply chain’ has also shifted over time. On August 9th, 2018, Morai Logistics released an eBook entitled Customer Service: A Long Term Strategy for Future Supply Chains. Statistics also reveal that 75% of businesses considered ‘services as more important than price’. Technology – Centric Approach.

Supply Chain Software 102

Supply Chain Software Supply Chains Digital Logistics Network Optimization Software 102

SYSPRO Smarter ERP

MAY 14, 2024

As recently as 2021, survey data reveals that 98% of manufacturers have, are, or are planning to implement an eCommerce strategy. This centralization ensures that product information is consistent across all channels, reducing the risk of errors and confusion for customers.

Manufacturing Procurement 110

Manufacturing Procurement eCommerce Supply Chain Planning Software Optimization Software 110

Logistics Bureau

DECEMBER 23, 2024

The logistics industry has changed over the last decade, with outsourcing emerging as a cornerstone of a modern supply chain strategy. This widespread adoption isn’t surprising the promise of streamlined operations, reduced overhead, and access to specialised expertise is compelling for organisations of all sizes.

Outsourcing 75

Outsourcing Supply Chains Cost Reduction Price Reduction 75

MTS Logistics

FEBRUARY 26, 2024

Let’s start with some definitions of what a freight forwarder is. We ensure that every consignment complies with the specific rules of each country, reducing the risk of delays or customs-related issues. This allows more allocation as a booking agent, having prices that are more accessible, too.

Freight forwarding 111

Freight forwarding Negotiating Skills Freight Negotiate Pricing 111

Conger

JULY 24, 2023

A Toyota diesel forklift with pneumatic tires Let’s start with a pneumatic tire definition. Their enhanced grip provides better stability and reduces slippage on gravel, dirt, and grass surfaces. Offer competitive pricing. Worn treads (cuts and bulges.) Offer high-quality tires. Have robust after-sales support.

Definition 52

Definition Cost Reduction Purchasing Skills Eliminating Excel in Purchasing 52

Ship Monk

APRIL 28, 2023

In addition to satisfying conscientious consumer demand, eco-friendly efforts can benefit your ecommerce business by reducing waste within your company and improving operational efficiencies. Translation: these ecommerce businesses have operating standards that minimize or reduce negative impact on the planet.

eCommerce 97

eCommerce Waste Reduction How To Material Savings 97

AIMMS

MARCH 8, 2016

Transportation capacity and cost: carriers are more selective about which retailers they work with and parcel pricing strategies are changing. Retailers need to respond with innovative transportation strategies and packaging options, as well as training for employees. Margin of error: There is little room for mistakes.

Optimal Sourcing 69

Optimal Sourcing Sourcing Strategies Cost Reduction Inventory Reduction 69

GlobalTranz

JULY 7, 2021

Shippers should understand these layers of logistics and how each brings value to a logistics strategy. But that definition is no longer registered.”. The definition of 4PL is continuously evolving. What is the difference between 3PL and 4PL? 5PLs and the Rise of Transportation-as-a-Service.

4PL 84

4PL 3PL How To Supply Chain Planning Software 84

Conger

FEBRUARY 11, 2022

And here’s a simple pallet jack definition: A pallet jack (sometimes called a “pallet truck”) is the simplest type of forklift, consisting of a: Wheeled trolley. Here are the main uses and benefits of pallet jacks: Reducing Manual Labor. Pallet jacks are designed to help reduce worker strain and fatigue. What Is a Pallet Jack?

Definition 52

Definition Modeling Software Price Reduction Handling 52

GlobalTranz

JUNE 10, 2016

According to Jeff Berman of Logistics Management, 71 percent of shippers believe the greatest focus for small package shipping is cutting costs. Yet, shippers can reduce costs in small package shipping by following these best practices. Yet, shippers can reduce costs in small package shipping by following these best practices.

Price Reduction 51

Price Reduction Packaging Cost Reduction Negotiating Skills 51

Conger

MARCH 28, 2024

Introduction to Fleet Management Fleet Management Definition Businesses across all sectors depend on commercial vehicles to transport people and products daily from cross-country delivery services to your neighborhood gas and oil provider. It helps in promoting safer driving practices and reducing breakdowns.

Optimization Software 73

Optimization Software Optimal Sourcing Expense Reduction Cost Reduction 73