Locus

DECEMBER 7, 2021

Presently, their major focus lies on local production, warehousing and strategic sourcing. With the pandemic and political instability, businesses in the Middle East have begun to reconsider supply chain strategy to improve their resilience. Oil price fluctuations. Major supply chain risks in the Middle East.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 52

Radius Logistics

JULY 17, 2024

One proven method to achieve this is by adopting a Just-In-Time (JIT) inventory strategy. In this comprehensive article, we will explore how SMBs can implement a JIT strategy with Radius Logistics, the benefits from a cost-saving perspective, and why this approach is particularly advantageous during the current freight Downturn.

Material Savings 26

Material Savings Inventory Reduction Cost Reduction Waste Reduction 26

Logistics Bureau

JANUARY 1, 2025

Acknowledgement: In purchasing, acknowledgement is the term used to describe a suppliers confirmation that the buyers purchase order has been received, and hence, that the order is accepted. Where this is the case, the COO must accompany the goods or be presented to customs authorities when the shipment arrives at the country of import.

Supply Chain Planning Software 76

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 76

Logistics Bureau

JANUARY 1, 2018

Supplier unreliability. Price pressure and the need to make profits have left many supply chain organisations in a tight corner. This frees up their human counterparts for work that AI cannot do, such as creating a new supply chain strategy. One example is supplier performance evaluation. The following are examples.

Supply Chain Planning Software 63

Supply Chain Planning Software Supply Chain Software Supply Chains Modeling Software 63

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

Logistics Bureau

MAY 8, 2023

You must evaluate the option in detail to know if it presents more pros than cons or vice versa. In addition, TMS operators can often negotiate the best possible freight rates. Without these checks and balances, companies tend to flit from carrier to carrier or use whichever one or two appear most convenient or economical.

Negotiating Skills 52

Negotiating Skills Cost Reduction Resource Reduction Price Reduction 52

The Logistics Academy

FEBRUARY 13, 2017

They not only have to present the models to demonstrate their understanding, but they also have to relate the models to real companies. We also provide frameworks for effective interactions with others in courses such as purchasing, negotiation, professional selling, and team-based assignments. 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

Material Handling and Logistics

OCTOBER 26, 2018

This is a long way around to noting that most economic predictions these days are always accompanied by the caveat “…as long as tariffs don’t cause too much damage,” a common refrain among industry association economists in their presentations at the American Trucking Associations Annual Economic Summit held in September.

Supply Chain Design Software 89

Supply Chain Design Software Supply Chain Software Inventory Reduction Supply Chain Planning Software 89