Remove Negotiate Pricing Remove Strategy Remove Trends
article thumbnail

Developing Agile Procurement Strategies: Thriving Amid Global Trade Disruptions

Logistics Viewpoints

As a supply chain executive, picture beginning your day with a cup of coffee when a news alert notifies you of newly imposed tariffs affecting your primary suppliers in China. Tariffs on steel from Chinaup 25%and retaliatory moves from Canada and Mexico may turn supplier relationships upside down.

article thumbnail

Amazon and the Shift to AI-Driven Supply Chain Planning

Logistics Viewpoints

Let’s examine Amazon’s approach as well as the limitations of traditional supply chain planning, the operational benefits of AI, and the necessary steps for implementing AI-driven strategies. Organizations examine past sales trends, apply seasonal adjustments, and make forecasts based on historical models.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

7 Cost Saving Tips Every Supply Chain Manager Should Know

3PL Links

Here are seven proven strategies every supply chain manager should explore to streamline operations, boost efficiency, and drive profitability. Example: Companies like Costco capitalize on bulk purchasing and shipping strategies, enabling them to pass savings on to their customers. Cost Saving Tips for Every Supply Chain Manager 1.

article thumbnail

Navigating the Evolving Shipping Landscape: Combating Under One-Pound Rate Increases in 2025

Ship Monk

In this blog post, we’ll discuss key strategies to help you navigate the shipping challenges of 2025 and beyond. This trend is expected to continue, making it essential to find ways to mitigate these costs. This trend is expected to continue, making it essential to find ways to mitigate these costs.

article thumbnail

Top 6 Logistics Challenges and How to Overcome Them

3PL Links

Additionally, tools that analyze customer purchasing trends can help you make informed decisions about when and what to stock. Communication Breakdowns Across the Supply Chain The Issue: Poor communication between suppliers, logistics teams, and customers can result in misaligned expectations, missed shipments, or order errors.

article thumbnail

Controlling Supply Chain Cost for Sustainable Growth

Blue Grace Logistics

What strategies can businesses employ to optimize these costs, enabling them to streamline operations and enhance efficiency? By analyzing historical trends, demand patterns, and performance metrics, businesses can make informed decisions to optimize inventory levels, minimize excess stock, and enhance resource utilization.

article thumbnail

Procurement Logistics: What Is It & Where Do Logistics Providers Fit In?

GlobalTranz

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. Ultimately, the terms and conditions are laid out during contract negotiation. What Is Procurement Management?