EazyStock

NOVEMBER 19, 2020

A key responsibility of every stock replenishment team is to negotiate the best price for the items they reorder, so that the sell-on price can be as profitable as possible. But when looking at the bigger picture the ‘best-price’ is not always the most cost-effective way to procure a product.

Replenishment 98

Replenishment Optimal Sourcing Inventory Reduction Supply Chain Planning Software 98

SYSPRO Smarter ERP

JANUARY 12, 2022

They have a contract with a supplier who delivers on time, and who charges acceptable prices. Purchasing is not integrated with how materials are consumed in production, neither does it have insight into how lots and batches are stored and used, so there is minimal information about inventory and possible obsolescence.

Manufacturing Procurement 105

Manufacturing Procurement Optimal Sourcing Procurement Solutions Supply Chain Planning Software 105

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 86

Procurement Analytics Optimal Sourcing Procurement Solutions Procurement 86

Dedola Global Logistics

DECEMBER 16, 2019

How To Reduce Soft Costs in Shipping. For instance, things like fuel prices, hourly wages for employees, and materials are some hard costs. How can importers and exporters reduce soft costs? The post How To Reduce Soft Costs in Shipping appeared first on Dedola Global Logistics. The Dedola Difference. Contact Us.

Cost Reduction 52

Cost Reduction Negotiating Skills Material Savings Resource Reduction 52

Ship Monk

JULY 7, 2022

For suppliers and merchants, however, setting a minimum order quantity for your goods can mean the difference between losing money and making a profit on each sale. If they sell their finished goods to retail partners or wholesalers, these buyers will expect a lower price in exchange for their higher order volume.

Purchasing Skills 98

Purchasing Skills eCommerce Ordering Negotiating Skills 98

Talking Logistics

JULY 5, 2018

In this post, I will outline how to select reliable core carriers and find the right third party logistics provider (3PL) for your business. 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.

Price Reduction 61

Price Reduction Expense Reduction Waste Reduction Cost Reduction 61

MTS Logistics

FEBRUARY 26, 2024

Expertise of Freight Forwarders Freight forwarders are well-versed in the knowledge of how to handle the customs regulations and documentation for your international shipments. How is this an advantage you may be thinking, since the customer can go and work with the carrier directly, right?

Freight forwarding 88

Freight forwarding Negotiating Skills Freight Negotiate Pricing 88

Ship Monk

OCTOBER 8, 2024

With peak season and its accompanying shipping surcharges just around the corner, you may be wondering how to gain more control over your shipping costs and get the most out of your shipping budget. With large shipping volume: You can negotiate discounts on shipping. You’ve come to the right place.

Negotiating Skills 69

Negotiating Skills Cost Reduction Inventory Reduction Negotiate Pricing 69

Logistics Bureau

SEPTEMBER 4, 2023

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.

Negotiating Skills 103

Negotiating Skills Purchasing Skills Cost Reduction Analysis 103

GlobalTranz

MAY 6, 2015

One reason may be that they haven’t made the paradigm shift as to how to implement lean. 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. Have your suppliers implement an occasional.

Supply Chain Planning Software 127

Supply Chain Planning Software Waste Reduction Inventory Reduction Supply Chain Software 127

Logistics Bureau

MAY 8, 2023

However, we also know how to help businesses get the most from the resources they have and make the right decisions for improvement. So naturally, we’re here to help your enterprise too. In addition, TMS operators can often negotiate the best possible freight rates. TMS: Is it the Same as Outsourcing?

Negotiating Skills 62

Negotiating Skills Cost Reduction Resource Reduction Price Reduction 62

Logistics Business Magazine

AUGUST 31, 2023

This article by SHIPSTA addresses six of the most common challenges that can surface in peak shipping season, while providing solutions on how to best address them. Take a closer look at SHIPSTA to see how its platform and services can help you both during and outside the peak shipping seasons.

Optimal Sourcing 50

Optimal Sourcing Negotiating Skills Sourcing Strategies How To 50

Freightera

AUGUST 13, 2024

The Best Practices to Help You Choose the Best Freight Shipping Solution As a business shipper, you need a reliable and efficient solution that you could use to ship freight internally, to and from your business partners and suppliers, or to your customers. They can negotiate rates and find suitable carriers for your shipments.

Negotiating Skills 35

Negotiating Skills Negotiate Pricing Modeling Software How To 35

GlobalTranz

DECEMBER 2, 2014

Editor’s Note: This is our second post in a two part series about how to get your logistics and transportation practices in order in time for holiday shipping or peak season crunches. The first post covered how you can get the DC or warehouse ready for the holidays or peak seasons. . Communicate with Customers and Suppliers.

Cost Reduction 86

Cost Reduction Price Reduction Vendor Strategies Resource Reduction 86

Conger

DECEMBER 13, 2022

Ditch Unreliable Suppliers. Choose Domestic Suppliers. Consolidate Suppliers. Ditch Unreliable Suppliers. Three key problems are associated with unreliable suppliers: Quoting incorrect lead times. Ditch unreliable suppliers and find new, more reliable ones. Choose Domestic Suppliers. Let's dive in!

Manufacturing Procurement 52

Manufacturing Procurement Inventory Reduction Vendor Strategies Waste Reduction 52

WorkWave

AUGUST 31, 2021

Comparing pricing from all carriers; Negotiating when possible; Bulk shipping; Consolidating supplier shipping on your account; Packing items in boxes with the smallest dimensions possible; Using carrier-provided packaging; Pre-paying online; Asking about association discounts; Factoring shipping fees into product pricing.

Optimization Software 52

Optimization Software Procurement Solutions Logistics Network Optimization Software Negotiating Skills 52

Dedola Global Logistics

MAY 22, 2020

Supply and Demand 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. Approximately half of annual airfreight volume ships via passenger airlines.

Negotiate Pricing 52

Negotiate Pricing Negotiating Skills Freight Inventory Reduction 52

Dedola Global Logistics

MAY 22, 2020

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. 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

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. 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

GlobalTranz

JANUARY 6, 2015

It’s a lot of work to effectively manage freight and that is evident as readers gobbled up posts around freight claims, freight shipment processing by understanding the documentation and how to class your freight so you can get a freight rate. Readers also wanted to know and make sure they were working with reputable freight brokers.

Blog 88

Blog Freight Negotiating Skills Negotiate Pricing 88

Logistics at MPEPS at UPV

MARCH 31, 2019

In the phase before the products reach the store, IKEA distribution service makes sure all goods are transported from suppliers to stores. A manager in this area drives the cooperation between the sales and logistics departments, knowing how to exploit every cubic meter of space. Sustainable Relationships with Suppliers.

Price Reduction 40

Price Reduction Cost Reduction Material Savings Negotiate Pricing 40

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. Some of the shock is being priced in. The post Industry View: How to Make your Business Brexit-Ready appeared first on Logistics Business® Magazine.

Negotiating Skills 31

Negotiating Skills Negotiate Pricing Materials Handling How To 31

GlobalTranz

FEBRUARY 12, 2018

An effective supply chain manager knows what data to choose and how to measure it. A great manager knows how to lead and impose influence. They will have to negotiate for resources, budgets, and schedules. What factors drive the demand, supply, and pricing for the products your organization develops? Flexibility.

Supply Chain Planning Software 70

Supply Chain Planning Software Supply Chain Software Negotiating Skills Supply Chains 70

Kanban Logistics

JULY 23, 2020

Often, third party logistics providers (3PLs) are key operating partners behind these manufacturing logistics solutions, providing the warehouses, trucks, systems and know-how to make this just-in-time (JIT) process happen. pricing and negotiation, ordering and replenishment, inventory management) is not.

Manufacturing Procurement 52

Manufacturing Procurement Material Savings Negotiating Skills Procurement Solutions 52

Logistics Bureau

OCTOBER 26, 2024

Supply chain consulting is an advisory service that helps organisations optimise their flow of goods, services, and information, starting with raw material suppliers through to end consumers. Consultants can also assist in managing your supply base, ensuring you select the right suppliers and establish effective commercial agreements.

Supply Chain Planning Software 91

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 91

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

GlobalTranz

FEBRUARY 17, 2016

Today, I will now address how a focus on inventory will allow for warehouse cost reductions as well. These are based on my 40 years working in operations at Schwinn and other companies as well as consulting many companies on how to select the best 3PL for my client's needs. A Focus on Inventory Control Begets Warehouse Cost Reductions.

Inventory Reduction 65

Inventory Reduction Cost Reduction Waste Reduction Vendor Strategies 65

20Cube Logistics

APRIL 11, 2021

Here, we look at BoL in a more descriptive perspective including why it’s important, its content and how to properly use it for safe shipping and tracking purposes. Bill of Lading is a shipping document and has a record of all the items that are being shipped from a supplier to a receiver through a freight forwarder. Price and Payment.

Purchasing Skills 52

Purchasing Skills Negotiating Skills Negotiate Pricing Freight forwarding 52

GlobalTranz

DECEMBER 9, 2015

Editor's Note: This is our second post in a two part series about how to get your logistics and transportation practices in order in time for holiday shipping or peak season crunches. The first post covered how you can get the DC or warehouse ready for the holidays or peak seasons. . Communicate with Customers and Suppliers.

Cost Reduction 48

Cost Reduction Price Reduction Vendor Strategies Resource Reduction 48

Forto

JULY 15, 2019

In the process of global shipping, you may come upon situations wherein you may need to change service providers, especially logistics services providers – which is easier said than done as you need to be sure of the reasons for the change, how to control things and people and be aware of negative and positive consequences of the change.

Freight forwarding 40

Freight forwarding Supply Chain Planning Software Freight Logistics Network Optimization Software 40

247 Customs Broker

MARCH 26, 2018

Our rates are going up and the carriers are completely unwilling to negotiate with us—where did we go wrong?”. First, the typical procurement-driven sourcing event views transportation as a commodity and thus, is oriented toward getting the lowest price. In this market, your carriers know that they don’t have to “negotiate” with you.

Optimal Sourcing 28

Optimal Sourcing Sourcing Strategies Negotiating Skills Negotiate Pricing 28

WorkWave

FEBRUARY 16, 2024

It’s crucial to understand why profit margins matter and how to calculate them right down to the last cent, so we’ve created this pest control business profit margin calculation guide. Calculating it accurately can help you make informed decisions about pricing, cost-cutting measures and growth strategies.

Expense Reduction 52

Expense Reduction Price Reduction Cost Reduction Vendor Strategies 52

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

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

247 Customs Broker

NOVEMBER 29, 2018

Strategic sourcing involves developing supply channels at the lowest total cost, as opposed to the lowest purchase price. However, there wasn’t necessarily a focus on other costs, and they often neglected longer-term, collaborative relationships with suppliers. November 13, 2018 | By Paul A. Steps to Implementation. .

Optimal Sourcing 28

Optimal Sourcing Purchasing Skills Sourcing Strategies Waste Reduction 28

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

The Logistics Academy

FEBRUARY 13, 2017

Another trend is learning how to deal with the avalanche of data that supply chain managers have at their fingertips. On the more traditional side, evaluating where and how to position inventory to serve both online and brick-and-mortar retail customers is a big logistics issue. But in real life, data is rarely given.

Supply Chain Design Software 40

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