Examples Negotiate Pricing Tools 
Ship Monk
APRIL 5, 2024
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.
Logistics Viewpoints
JANUARY 11, 2021
NTT DATA has been steadily moving more and more of their suppliers’ contracts onto the Ariba Network. Some suppliers have four or five-year contracts, so this work is ongoing. The big spend categories that are the focus for negotiations are contingent/professional labor and IT Hardware/Software & Cloud/Data Center services.
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Material Handling and Logistics
AUGUST 10, 2018
Many facilities try to trim their indirect spend by negotiating lower prices on a few of their most expensive items. But I often see companies that have more cutting tools, for example, than they need. Machinists may set aside a box of inserts and drills at their work stations, for example, to ensure they don’t run out.
Logistics Viewpoints
JANUARY 11, 2021
NTT DATA has been steadily moving more and more of their suppliers’ contracts onto the Ariba Network. Some suppliers have four or five-year contracts, so this work is ongoing. The big spend categories that are the focus for negotiations are contingent/professional labor and IT Hardware/Software & Cloud/Data Center services.
3PL Links
NOVEMBER 12, 2024
Example: Retail giant Zara uses real-time data from its stores to adjust inventory dynamically. This approach requires advanced planning and reliable forecasting tools, but it can transform inventory into a more fluid, cost-effective part of your supply chain.
GlobalTranz
SEPTEMBER 12, 2016
For example, transportation management often focuses on the journey of products after manufacturing. The answer is closely linked with how a company markets and contacts suppliers and vendors, reports Srikanth Pinagali. Ultimately, these raw materials must be obtained from suppliers and transported to the factory.
SYSPRO Smarter ERP
NOVEMBER 30, 2021
Reliance on too few primary suppliers for critical components and materials has compounded the problem even further with unexpected ripple effects on downstream manufacturing as evidenced by the still ongoing global computer chip shortages. Manufacturers know that good supplier relationships are critical. Managing Inventory.
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