Logistics Viewpoints

MARCH 26, 2025

A 2023 McKinsey study found that companies relying on reactive supply chain management lose up to 10% of annual revenue due to inefficiencies and missed opportunities. AI-driven procurement tools analyze pricing trends and supplier performance to negotiate better contract terms.

Supply Chain Planning Software 94

Supply Chain Planning Software Optimal Sourcing Supply Chain Software Scenario Planning 94

MTS Logistics

OCTOBER 9, 2023

In a nutshell, the main advantages of supply chain risk diversification are minimizing potential supply chain-related disruptions, having more negotiating power, improved resilience, and access to new markets. By diversifying suppliers across different regions, companies can reduce the impact of localized disruptions.

Negotiate Pricing 105

Negotiate Pricing Negotiating Skills Supply Chain Software Supply Chains 105

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

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. Studying best practices provides the greatest opportunity for gaining a strategic, operational, and financial advantage.

Supply Chain Planning Software 76

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

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. are waiting for you in our Knowledge base.

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. are waiting for you in our Knowledge base.

Inventory Reduction 40

Inventory Reduction Analysis Material Savings Waste Reduction 40