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The Pros and Cons of Decoupling, De-risking and Diversification of Supply Chains

MTS Logistics

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.

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This Week in Logistics News (February 11 – 17)

Logistics Viewpoints

hope to slash shipping costs and save millions of dollars when they sit down later this month to negotiate long-term contracts with ocean carriers following last year’s surge in rates. Some companies expect to cut ocean-freight rates by half or more, which in turn could allow retailers to slow or stop price increases for goods.

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Jobs and Career Paths in Supply Chain and Logistics

Logistics Bureau

Source: Council of Supply Chain Management Professionals 2017 Survey. If you feel you should enter the industry at the lowest level, then you might look for a role as a production or maintenance operative and plan to work your way up to supervisory and then management level. Council of Supply Chain Management Professionals 2017 Survey.

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Tender management against rising ocean freight rates

Transporeon

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?

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7 Mini Case Studies: Successful Supply Chain Cost Reduction and Management

Logistics Bureau

Supply Chain Cost Reduction Challenges: Deere and Company has a diverse product range, which includes a mix of heavy machinery for the consumer market, and industrial equipment, which is made to order. per chip were bearable for units selling for $100, but the price of the new chip was a fraction of that, at about $20.

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March non-manufacturing activity remains on solid footing, reports ISM

247 Customs Broker

supplier deliveries increased 3% at 58.5 (a a reading above 50 indicates contraction) and slowing for the 26th straight month; prices increased 0.5% And a finance and insurance respondent said that the interest rate hike and tariffs are likely to impact cost and price of goods and services. “I March’s NMI is up 1.1%

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ISM reports slight decline in April non-manufacturing output, while growth remains intact

247 Customs Broker

and growing for the 50th consecutive month supplier deliveries slowed down at a slower rate% at 54.5 (a a reading above 50 indicates contraction) and slowing for the 28th straight month; prices increased 0.3% One is supplier deliveries which are still slowing, as well as employment, which came off of a 56.6 About the Author.