Locus

JUNE 3, 2022

A series of unfortunate events. Transportation was redirected to be used in providing first aid, leading to supply chain bottlenecks, shortages and price hikes. A number of multinational corporations have dedicated themselves to working with only those suppliers that adhere to social and environmental sustainability standards.

Negotiating Skills 52

Negotiating Skills Negotiate Pricing Purchasing Skills Optimal Sourcing 52

Freightos

APRIL 23, 2025

billion rate data points monthly to provide the most comprehensive view of the market, helping you identify savings opportunities and make data-driven decisions. It handles everything from rating and booking to shipment management, invoice auditing, and beyond.

Optimal Sourcing 62

Optimal Sourcing Manufacturing Procurement Procurement Supply Chain Design Software 62

WorkWave

MAY 30, 2024

Supplier Relationship Management (SRM) is a critical component for field service organizations looking to optimize their operations and ensure the highest level of quality and efficiency in their supply chain. What is Supplier Relationship Management (SRM)?

Negotiate Pricing 52

Negotiate Pricing Vendor Strategies Negotiating Skills Material Savings 52

Logistics Viewpoints

FEBRUARY 17, 2023

In addition, as part of its mandate to improve safety, GroundCloud’s platform also incorporates video telematics for driving event detection and verification, enabling companies to leverage the insights it generates to inform reactive training programs. network this year after its initial success at select facilities in 2022.

Supply Chain Planning Software 111

Supply Chain Planning Software Logistics Network Optimization Software Cost Reduction Waste Reduction 111

Blue Grace Logistics

NOVEMBER 6, 2018

International shoppers purchased over 100 million products on the website and the company saw more sign-ups for its Prime service on July 16, the Monday before the event than any day in company history. The client was operating with a single national carrier model, which at a time, was working sufficiently enough for the supplier.

Negotiating Skills 48

Negotiating Skills Negotiate Pricing Purchasing Skills Digital 48

Transporeon

JANUARY 25, 2018

The challenge For many years, Amway had used a generic sourcing tool that only facilitated communications with the company’s carriers rather than providing access to a supplier database and a collaborative environment to conduct sourcing events. It is a good feeling to know that you have control over the negotiation process.”

Negotiating Skills 48

Negotiating Skills Manufacturing Procurement Cost Reduction Supply Chain Planning Software 48

SYSPRO Smarter ERP

OCTOBER 11, 2021

Each day these manufacturers manage complex supply chains , carry out highly precise production, and must negotiate a raft of regulations. In the event of a problem, full recalls are required and must be audited. To comply with regulations, companies must be able to identify and trace every ingredient used in the manufacturing process.

Manufacturing Procurement 119

Manufacturing Procurement ERP Supply Chain Planning Software Purchasing Skills 119

Dedola Global Logistics

MAY 22, 2020

The events of the pandemic have transformed the way shippers and logistics teams do business. Supply and Demand Supply and demand have dramatically affected priority and pricing by air freight during the pandemic. This price makes air transportation too expensive to be cost-effective for some shippers.

Negotiate Pricing 52

Negotiate Pricing Negotiating Skills Freight Inventory Reduction 52

Dedola Global Logistics

MAY 22, 2020

The events of the pandemic have transformed the way shippers and logistics teams do business. Supply and demand have dramatically affected priority and pricing by air freight during the pandemic. As a result, suppliers must either switch to ocean shipping or wait for enough cargo capacity to send their goods on a cargo plane instead.

Negotiate Pricing 52

Negotiate Pricing Negotiating Skills Freight Inventory Reduction 52

Dedola Global Logistics

MAY 22, 2020

The events of the pandemic have transformed the way shippers and logistics teams do business. Supply and demand have dramatically affected priority and pricing by air freight during the pandemic. As a result, suppliers must either switch to ocean shipping or wait for enough cargo capacity to send their goods on a cargo plane instead.

Negotiate Pricing 52

Negotiate Pricing Negotiating Skills Freight Inventory Reduction 52

Blue Grace Logistics

APRIL 7, 2020

Having these alternatives on standby or in a working relationship will ensure that in the event the regular service provider cannot fulfill the business requirement, the business will not suffer. Negotiation power: Cost is an important factor in supply chain. Diversification is great for other stakeholders in the ecosystem.

Supply Chain Design 62

Supply Chain Design Supply Chains Negotiating Skills Negotiate Pricing 62

Transporeon

MARCH 22, 2018

Depending on the mode of transport and the type of product being shipped, the offer matrix can contain individual price components and different quantity structures and units, along with additional information that can make comparisons difficult.

Optimal Sourcing 48

Optimal Sourcing Negotiating Skills Purchasing Skills Negotiate Pricing 48

Material Handling and Logistics

MAY 22, 2018

Imagine if a key supplier or manufacturing site is located in a new high-cost zone or, worse, no longer has access to certain markets. When companies set out to cut procurement costs, they typically focus on two areas of savings that procurement offices control directly: price negotiation and supplier selection.

Supply Chain Design Software 60

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 60

Locus

DECEMBER 7, 2021

Oil price fluctuations. Fluctuations in oil prices and oil supply disruptions are majorly caused by political events, supply pipeline issues or weather problems. Oil price and logistics operating cost follows a linear pattern, and if we double our fuel prices, operating cost would increase by about a factor of 1.8.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 52

Blue Grace Logistics

SEPTEMBER 21, 2021

Our economy relies on the transportation of goods and materials to connect suppliers with manufacturers, manufacturers with retailers, and retailers with consumers. Unexpected Events: Since COVID-19 shook the world, the whole industry experiences how unforeseeable pandemics can impact global trade and transport. Inventory .

Material Savings 62

Material Savings Capacity Optimal Sourcing Inventory Reduction 62

247 Customs Broker

MARCH 26, 2018

I was having lunch with a friend of mine who had recently conducted a transportation sourcing event. Our rates are going up and the carriers are completely unwilling to negotiate with us—where did we go wrong?”. There are plenty of companies using a flawed process in conducting their transportation sourcing events. Want proof?

Optimal Sourcing 28

Optimal Sourcing Sourcing Strategies Negotiating Skills Negotiate Pricing 28

GlobalTranz

JANUARY 6, 2015

No matter what kind of enterprise you represent (manufacturing, distribution, any company that ships freight), freight bills and bills of lading are parts of a unified network of standards developed by logistics providers to help you get your freight from your own facilities to the end user or from your supplier to you via inbound freight.

Blog 88

Blog Freight Negotiating Skills Negotiate Pricing 88

Transporeon

APRIL 2, 2019

This blog examines how manufacturers, suppliers, and retailers can take back control and cut cuts by improving tender management. Many shippers expect prices to remain stable (44%) but no-one thinks that rates will decline (Transporeon/Xeneta survey, 2016). So what’s going on with ocean freight rates?

Price Reduction 48

Price Reduction Cost Reduction Negotiate Pricing Freight 48

CLX Logistics

SEPTEMBER 9, 2022

Here’s our list of the four essential supply chain management tools you need to provide the best service at the best price. Procurement tools enable businesses to manage and automate purchase orders from suppliers and quickly settle accounts. Shipping Management. Demand Forecasting Tools. Start Building a Next-Level Supply Chain.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Procurement Solutions Optimization Software 52

Logistics Bureau

JANUARY 1, 2025

Acknowledgement: In purchasing, acknowledgement is the term used to describe a suppliers confirmation that the buyers purchase order has been received, and hence, that the order is accepted. Suppliers and retailers share information with one another to enable continuous updating of inventory and replenishment requirements.

Supply Chain Planning Software 76

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 76

Logistics Business Magazine

OCTOBER 15, 2018

We will consistently work to offer finance facilities that reflect the needs of both end users and suppliers – and that means being innovative. We are thoroughly committed to supporting our clients no matter what events unfold over the year ahead.”. Some of the shock is being priced in.

Negotiating Skills 31

Negotiating Skills Negotiate Pricing Materials Handling How To 31

Ship Monk

AUGUST 28, 2023

In most cases, your business model will spring naturally from your product(s), the type of customer you’re targeting, and your pricing strategy. Suppliers of products such as car parts, office equipment, and raw materials are examples of B2B businesses. The remainder goes to the supplier or manufacturer.

Modeling Software 52

Modeling Software eCommerce Modeling Manufacturing Procurement 52

Logistics Bureau

MAY 8, 2023

For example, a shipper might focus exclusively on ocean freight for frugality while underestimating the planning required to make it a cost-effective solution. The adverse effects of such a mistake might include inventory availability issues during seasonal sales surges or in the event of an unforeseen shipping crisis, for instance.

Negotiating Skills 52

Negotiating Skills Cost Reduction Resource Reduction Price Reduction 52

Log-hub

NOVEMBER 22, 2023

Understanding Warehouse Optimization and ABCD Analysis Warehouse optimization is a meticulous process that involves streamlining inventory management, layout planning, and operational procedures to ensure seamless goods flow from suppliers to customers, while simultaneously reducing waste and costs.

Inventory Reduction 40

Inventory Reduction Analysis Material Savings Waste Reduction 40

Log-hub

NOVEMBER 22, 2023

Understanding Warehouse Optimization and ABCD Analysis Warehouse optimization is a meticulous process that involves streamlining inventory management, layout planning, and operational procedures to ensure seamless goods flow from suppliers to customers, while simultaneously reducing waste and costs.

Inventory Reduction 40

Inventory Reduction Analysis Material Savings Waste Reduction 40

Log-hub

NOVEMBER 22, 2023

Understanding Warehouse Optimization and ABCD Analysis Warehouse optimization is a meticulous process that involves streamlining inventory management, layout planning, and operational procedures to ensure seamless goods flow from suppliers to customers, while simultaneously reducing waste and costs.

Inventory Reduction 40

Inventory Reduction Analysis Material Savings Waste Reduction 40

Ship Monk

JANUARY 20, 2023

A manufacturer purchases steel from a supplier and turns it into tiny gears to make watches. To the supplier, the steel is merchandise inventory (a.k.a. By forcing customers to buy a certain number of product(s) with each order, a supplier can achieve profitability through economies of scale. finished goods).

eCommerce 52

eCommerce Inventory Reduction Manufacturing Procurement Material Savings 52

Logistics Bureau

JULY 12, 2017

Again, this should be seen as a good reason to consider a freight review, to establish if your current freight partners are still able to provide the best service at the right price. A freight review will generally be a good idea in the event of significant changes in your supply chain.

Negotiating Skills 49

Negotiating Skills Freight Optimal Sourcing Logistics Network Optimization Software 49

Conger

MARCH 28, 2024

The following are core components in managing a fleet of vehicles: Vehicle acquisition : The acquisition of vehicles is selecting the right vehicle types, negotiating purchase agreements, and ensuring compliance with regulations and company policies. Leasing provides flexibility and lower upfront costs.

Optimization Software 72

Optimization Software Optimal Sourcing Expense Reduction Cost Reduction 72

Automotive Logistics

MAY 30, 2018

Better communication is needed in the automotive supply chain, including between OEMs, suppliers, logistics providers and IT experts providing digital supply chain services. Rene Diest, global chief information officer (CIO) at interiors supplier Faurecia, agreed that in a data-driven economy it was all about “the fast beating the slow”.

Supply Chain Planning Software 48

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 48

The Logistics Academy

FEBRUARY 13, 2017

The club also organizes a roundtable event each semester that brings students and companies together to explore opportunities for internships and jobs. Between classroom lectures, cases, and “applied” learning events with industry, UW-Madison makes sure students are exposed to it all.

Supply Chain Design Software 40

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 40

Kanban Logistics

FEBRUARY 27, 2020

Recall capabilities: In the event of a product recall, the WMS will assign the flagged items to a segregated hold location and prevent them from being distributed. With the VMI model, manufacturing suppliers work with 3PLs to store goods that the manufacturer will eventually require. Everything is negotiable.

Warehousing 52

Warehousing 3PL Negotiating Skills Modeling Software 52

Infosys Supply Chain Management

MARCH 30, 2012

News & Events. |. They are actually able to compare the products, look for availability of the product, get detailed information about the product, check prices at various online websites selling the specific product and also look for attractive offers. Payments Treasury. Wealth Management. View all Infosys blogs. Offerings. |.

Supply Chain Planning Software 25

Supply Chain Planning Software Supply Chain Software Supply Chains Manufacturing Procurement 25

Logistics Bureau

NOVEMBER 14, 2018

It does not matter whether you are a procurement professional, internal customer, external customer, senior executive, or supplier. How procurement handles itself and its activities set the tone for all the events that follow, right up to the final delivery of goods and services to the end-customer.

Procurement Analytics 84

Procurement Analytics Optimal Sourcing Procurement Solutions Procurement 84

Log-hub

MARCH 21, 2025

Businesses must adjust to ensure resilience as global trade negotiates these turbulent waters. Essential Diversification Businesses relying on Panama for logistics must develop contingency plans, like securing suppliers in different regions.

Supply Chain Planning Software 52

Supply Chain Planning Software Cost Reduction Resource Reduction Supply Chain Software 52

Talking Logistics

DECEMBER 20, 2017

Meanwhile, it appears that the Trans-pacific Trade Partnership (TPP) will move forward without the United States ; Japan just completed a trade deal with the European Union ; Brexit negotiations remain contentious ; and the World Trade Organization’s role and relevance are being challenged. Today the price is $63.88 per barrel.

Supply Chain Design Software 83

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 83

Stord

AUGUST 26, 2024

US Port Labor Negotiations: Union contracts for East and Gulf Coast longshore workers expire September 30th and negotiations have been stalled since mid-June. Contract rates continue their slow and steady decline MoM; a reflection of the high level of competition among competitors pricing RFPs. for Dry Van and $2.39

Negotiating Skills 78

Negotiating Skills Price Reduction Inventory Reduction Freight 78