Ship Monk

APRIL 5, 2024

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. If I don’t like the price or the quality, I just go elsewhere!

Negotiate Pricing 104

Negotiate Pricing Negotiating Skills eCommerce Purchasing Skills 104

United World Transporation

JUNE 25, 2020

According to industry experts, fuel purchases can account for approximately 25% of a trucking company’s operating expenses. So, any opportunities to increase fuel efficiency and save money are valued in the industry, and fuel purchase routing is a commonly used strategy by many long-haul truck drivers. What is fuel purchase routing?

Procurement Solutions 98

Procurement Solutions Purchasing Skills Procurement Analytics Purchasing 98

FreightWaves SONAR

DECEMBER 9, 2020

Most freight brokers have to source their own freight broker leads. Here are six tips for sourcing freight broker leads that will minimize the time and resources required to source and research shipper leads. . 6 Tips to source freight broker leads. #1: One challenge comes from the term “shippers.” 3: Conference agendas.

Sourcing Strategies 105

Sourcing Strategies Purchasing Skills Sourcing Tips 105

Stord

JANUARY 26, 2024

With Stord’s Consumer Experience capabilities, brands can offer a magical experience for their consumers, accelerating online sales and simplifying the purchase process from storefront consideration through product delivery. These notifications guide consumers to the branded consumer tracking portal.

Procurement Solutions 60

Procurement Solutions Supply Chain Design Software Optimization Software Purchasing Skills 60

Ship Monk

JULY 20, 2023

Even once you’ve decided on a shipping carrier and shipping service, the cost to send packages can vary greatly as a result of many factors. Here you’ll learn about the different factors that affect shipping costs including base rate, surcharges, weight, shipping zones, and shipping speed.

Negotiating Skills 52

Negotiating Skills Purchasing Skills eCommerce Cost Reduction 52

Logistics Bureau

NOVEMBER 6, 2023

Recent studies have shown that among the challenges frustrating warehouse and distribution centre managers this year, rising energy and labour costs are two of the most often cited. We hope the tips and ideas in this article will help you make inroads into warehouse energy and labour cost reduction.

Cost Reduction 109

Cost Reduction Purchasing Skills Waste Reduction Material Savings 109

Chronicled

MAY 23, 2023

Our team at MediLedger has been hard at work creating a platform that proactively verifies pricing, identifies discrepancies, and automates audits. A streamlined process that minimizes credits and rebills, improves cash flow, and reduces manual labor and associated costs. The result?

Optimization Software 52

Optimization Software Purchasing Skills Negotiating Skills Optimal Sourcing 52

MTS Logistics

APRIL 6, 2022

In the midst of supply chain issues, grocery giant Lidl has indicated that it will be purchasing container ships. This caused a shortage of goods in Lidl stores, as well as other retailers who source their goods from Asia. It’s clear the company needs larger capacity to meet its growing international aspirations.

Procurement Analytics 88

Procurement Analytics Purchasing Skills Procurement Solutions Purchasing 88

Logistics Business Magazine

OCTOBER 6, 2020

. “As much as e-commerce is a commercial opportunity for once traditional retail B2B businesses, they also face acute growing pains as they struggle to meet warehouse and fulfilment demands. ” The post E-commerce Purchases are Rocketing appeared first on Logistics Business® Magazine.

Purchasing Skills 79

Purchasing Skills Procurement Solutions Purchasing Modeling Software 79

Blue Grace Logistics

NOVEMBER 1, 2024

As more consumers and businesses move to online platforms for purchases, the shipping industry must adapt to new demands. LTL carriers handle multiple shipments from various vendors on a single route, helping save time and reduce costs by maximizing truck space.

Price Reduction 104

Price Reduction Vendor Strategies Supply Chain Planning Software Cost Reduction 104

The Logistics of Logistics

JUNE 17, 2022

In his last role at Bluelinx, Jeff was the General Manager of Metal Products Business Unit which generated $250M in revenue sourcing products from 17 different countries serving 18,000 SKUs to national, regional and local building products retailers. Companies can meet these challenges by partnering with OneRail.

Inventory Reduction 259

Inventory Reduction Inventory Optimal Sourcing Optimization Software 259

WorkWave

FEBRUARY 9, 2024

One effective strategy that’s been gaining traction is price bundling. Also known as packaged pricing, this strategy involves bundling various services together and charging one price. Bundled services are usually cheaper than if customers were to purchase each service individually. Why Does Bundle Pricing Really Work?

Price Reduction 52

Price Reduction Purchasing Skills Tips Procurement Solutions 52

EazyStock

NOVEMBER 17, 2022

This year, purchasing teams are also facing continued challenges due to global supply chain and logistics pressures, component shortages, and soaring prices for electricity and fuel. The key is to keep track of your inventory planning and purchasing processes. Successful sales during this period come down to many factors.

Procurement Solutions 52

Procurement Solutions Purchasing Skills Purchasing Supply Chain Planning Software 52

EazyStock

NOVEMBER 17, 2022

This year, purchasing teams are also facing continued challenges due to global supply chain and logistics pressures, component shortages, and soaring prices for electricity and fuel. The key is to keep track of your inventory planning and purchasing processes. How inventory optimization can help you meet Black Friday demand.

Procurement Solutions 52

Procurement Solutions Purchasing Skills Purchasing Supply Chain Planning Software 52

3PL Links

OCTOBER 15, 2024

Image source: Pexels | Logistics Challenges and How to Overcome Them Let’s break down the most common logistics problems and how you can resolve them to improve your operations. From delays to cost increases, logistics teams encounter a range of obstacles that can hinder efficiency and affect the entire supply chain.

Inventory Reduction 62

Inventory Reduction Logistics Network Optimization Software Supply Chain Software Expense Reduction 62

Ship Monk

JULY 18, 2024

Reduce shipping and inventory costs to gain pricing flexibility. Trend #2 While 80% of shoppers were satisfied with a social media purchase, only 30% felt that what they purchased was “high quality.” Cutting costs puts your brand in a better position to compete in the marketplace. What Can Operations Do?

Inventory Reduction 109

Inventory Reduction Cost Reduction Price Reduction Supply Chain Planning Software 109

Logistics Viewpoints

JUNE 8, 2023

Technology for All In a retail era dominated by e-commerce giants, customer expectations have shifted towards instant product delivery at no cost. To meet these demands and ensure superior delivery experiences, retailers and carriers must leverage last-mile delivery technology. Cost is an important consideration as well.

Modeling Software 132

Modeling Software Optimization Software Supply Chain Design Software Logistics Network Optimization Software 132

Logistics Business Magazine

FEBRUARY 15, 2023

No matter where we turn, supply chain costs are going up. From supermarkets to fuel stations, to our personal and business energy bills, no one has been unaffected from this steady, and sometimes devastating, increase in prices. It sets out the case for optimising the supply chain for value and resilience, rather than just for cost.

Cost Reduction 59

Cost Reduction Expense Reduction Supply Chain Design Software Price Reduction 59

Locus

JUNE 16, 2023

Say you purchase your coveted gadget online, eagerly tracking its journey from warehouse to your welcoming hands. Customer satisfaction and keeping costs in check rests on optimal last-mile delivery operations. Naturally, the costs of meeting such expectations, especially on the delivery front are also increasing.

Cost Reduction 98

Cost Reduction Expense Reduction Inventory Reduction Price Reduction 98

Logistics Bureau

AUGUST 2, 2021

Competitiveness of Pricing. The price you pay your vendors for their products is a significant factor in your company’s ability to compete in its market. However, your company probably procures a wide range of indirect supplies, and this is where pricing can impact your competitive advantage. Emergency Purchase Rate.

Procurement Analytics 118

Procurement Analytics Procurement Solutions Optimal Sourcing Procurement 118

GoShip Blog

NOVEMBER 25, 2022

There are several shipping pricing methods for e-commerce businesses–each with its strengths and weaknesses. Flat-rate shipping is a pricing method where the shipping fee depends on the size of the box or envelope rather than the item’s dimensional weight. Pros and Cons of Flat-Rate Shipping Method. Pros of Flat-Rate Shipping.

Price Reduction 52

Price Reduction Purchasing Skills Cost Reduction Expense Reduction 52

GoShip Blog

MAY 26, 2022

Fuel is one of the major driving forces in the economy, so a price change will cause economic ripple effects far from the gas pump. Businesses of all sizes require fuel and are, therefore, affected by an increase or decrease in its price. Why do fuel prices fluctuate? What rising fuel prices mean for your small business.

Price Reduction 52

Price Reduction Purchasing Skills Expense Reduction Cost Reduction 52

CH Robinson Logistics

MAY 4, 2021

Follow these best practices to increase the speed of your less than truckload (LTL) shipments , improve efficiency, and get product where it needs to be at the best price. If you use only one distribution center in California and all your freight has to be delivered from there, can you meet online ordering expectations nationwide ?

eCommerce 109

eCommerce Price Reduction Supply Chain Planning Software Meeting 109

ShipLilly

FEBRUARY 16, 2021

What is driving the prices of digital purchases, and freight costs for shippers. In April, the same shipment would have costed just over $ 2,700. A similar escalation has occurred in trade between China and Europe: the price of the container has gone from $ 1,000 in August to $ 2,000 in December. What is going on?

Purchasing Skills 98

Purchasing Skills Price Reduction Manufacturing Procurement After-sales 98

Locus

JUNE 3, 2022

Source: Statista.com. Transportation was redirected to be used in providing first aid, leading to supply chain bottlenecks, shortages and price hikes. This was followed by heavy rainfall that flooded which caused lumber companies to scale back production, leading to a rise in the prices of wooden products in the United States.

Negotiating Skills 52

Negotiating Skills Negotiate Pricing Purchasing Skills Optimal Sourcing 52

Logistics Viewpoints

JUNE 1, 2023

That’s why staying on top of the latest supply chain planning trends is so important – they can make all the difference when it comes to staying competitive, reducing costs, and meeting your customers’ needs. They are more likely to shop for discounts and sales and may delay purchases of some items.

Supply Chain Planning Software 126

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Scenario Planning 126

Logistics Bureau

MAY 31, 2021

If yours is one of those businesses shifting from traditional to online retail, you’ve probably faced some of the logistical challenges arising from the need to deliver your customers’ purchases to them. Perhaps you haven’t had much opportunity, amid the turmoil, to consider the cost to serve your online customers.

Cost Reduction 117

Cost Reduction Purchasing Skills Expense Reduction Inventory Reduction 117

GoShip Blog

JULY 18, 2022

Freight costs have a substantial effect on profitability and overall business growth. Learn how to optimize these costs to keep your supply chain running smoothly without paying exorbitant amounts for shipping. How freight costs impact your business. Ways you can optimize your freight costs. Reduce shipping frequency.

Optimization Software 52

Optimization Software Cost Reduction Negotiating Skills Purchasing Skills 52

Globalior

FEBRUARY 25, 2023

Procurement plays a crucial role in the success of the oil and gas industry as it is responsible for sourcing the right goods and services at the right time, at the right price, and with the right quality. Transparent processes: Implement transparent processes for procurement and contract management to promote fairness and equality.

Negotiate Pricing 52

Negotiate Pricing Optimal Sourcing Procurement Solutions Negotiating Skills 52

Ship Monk

FEBRUARY 16, 2023

Offering the preferred, faster 2-Day shipping option could eat away at your profit if you support the cost entirely. Over 50% of online shoppers stated they’d abandoned baskets at some point due to delivery costs. So the question becomes: is it possible to offer 2-Day shipping at an affordable price?

Cost Reduction 52

Cost Reduction Negotiating Skills Inventory Reduction Purchasing Skills 52

Logistics Bureau

JUNE 5, 2023

If your company operates a distribution fleet, you’ll know that the costs of running trucks for customer deliveries are continually increasing. In this post, we’re sharing our top tips for cost reduction in each of these three areas, so let’s get to it, beginning with truck expenditure. It’s a fair question.

Cost Reduction 74

Cost Reduction Purchasing Skills Price Reduction Waste Reduction 74

SYSPRO Smarter ERP

JANUARY 12, 2022

With direct and indirect materials making up at least 50% of typical manufacturing costs, the procurement function could be re-imagined so companies can be more responsive to customer demands and more agile when dealing with supply chain challenges. They have a contract with a supplier who delivers on time, and who charges acceptable prices.

Manufacturing Procurement 105

Manufacturing Procurement Optimal Sourcing Procurement Solutions Supply Chain Planning Software 105

United World Transporation

AUGUST 22, 2019

According to industry experts, fuel purchases can account for approximately 25% of a trucking company’s operating expenses. So, any opportunities to increase fuel efficiency and save money are valued in the industry, and fuel purchase routing is a commonly used strategy by many long-haul truck drivers. What is fuel purchase routing?

Procurement Solutions 54

Procurement Solutions Purchasing Skills Procurement Analytics Purchasing 54

Stord

NOVEMBER 13, 2024

In addition to the surge of demand during this tight holiday window, brands have offered earlier offerings and expanded the sales period to encourage a longer shopping period enabling end consumers to allocate more towards holiday purchases. 47% - 60% of online shoppers will abandon their cart due to higher shipping costs and fees.

Inventory Reduction 148

Inventory Reduction How To Cost Reduction Procurement Solutions 148

Conger

MARCH 30, 2023

Because in this post, you’ll learn everything you need to know, including: What all the forklift fuel types are Common specifications, pros/cons, applications, and prices of each How to choose the right forklift fuel type for your needs Answers to common forklift fuel questions And lots more… Let’s dive in! Then you’re in the right place.

Purchasing Skills 52

Purchasing Skills Price Reduction How To Manufacturing Procurement 52

Ship Monk

JULY 7, 2022

It may sound tempting to force your customers into purchasing in larger quantities, but is it the best way to grow your business? 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. Minimum Order Quantity vs. Pricing Strategy.

Purchasing Skills 98

Purchasing Skills eCommerce Ordering Negotiating Skills 98

Logistics Viewpoints

AUGUST 1, 2024

According to Bloomberg , the coffee supply chain is struggling with constrained supply and increase in prices is inevitable. Structural Changes in Supply Chains: Example: A consumer goods company decides to near-shore its manufacturing operations to reduce transportation costs and improve responsiveness.

Supply Chain Design Software 162

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Scenario Planning 162