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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 Supply v Cost to Serve and Why You Need to Understand It

Logistics Bureau

It’s about assessing the costs your suppliers incur when delivering to your business, which can significantly impact your strategy, pricing, and overall efficiency. By understanding these costs, you can make informed decisions that enhance supplier relationships and optimize your operations. Watch the video below!

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Cost to Serve Analysis—And the Costs of Neglecting It

Logistics Bureau

Process Performance What if the problem isn’t connected to products, customers, or pricing but lies instead with process performance? Supply/Inventory Management Inventory management problems and supplier relationship issues , too, can creep in over time and eat away at your profit margins.

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9 Steps to Establish the Lean Supply Chain: A System of Interconnected & Interdependent Partners

GlobalTranz

When you create your Sales, Inventory, Operations and Production Plan (SIOP) monthly, or more frequently, invite your top Suppliers and Customers to the SIOP meeting. Increased supplier performance: reduction in lead times and creating cost reduction as your suppliers are the experts in their respective fields.

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How to Create a Truckload Strategy That Works in Any Market

Talking Logistics

We have been studying truck freight attributes and strategies since 2006. Here are a few examples of factors that can influence your strategy. Discuss with your strategic suppliers what is most attractive to them. For example, ask your asset carriers what lanes they need and how much volume to increase their yield.

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Reducing Working Capital in Supply Chains

Logistics Bureau

Current liabilities are typically accounts payable, meaning money you are due to pay out, for example to suppliers. As a result, if you can get paid by your customers before you have to pay your suppliers and reduce inventory to boot , your current assets can be reduced to below your current liabilities.

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Cost to Serve and Business Profitability

Logistics Bureau

Major supply chain changes and challenges will impact suppliers’ processes, use of resources and costs. Distribution has the issues of rationalisation of DC networks and more supploer centralisation and factory gate pricing grapples with changes to order profiles. Suppliers are also purchasing e-commerce.