Freightos

APRIL 23, 2025

billion rate data points monthly to provide the most comprehensive view of the market, helping you identify savings opportunities and make data-driven decisions. billion rate data points monthly to provide the most comprehensive view of the market, helping you identify savings opportunities and make data-driven decisions.

Optimal Sourcing 62

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MTS Logistics

OCTOBER 9, 2023

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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GlobalTranz

SEPTEMBER 12, 2016

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.

Manufacturing Procurement 101

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Freightos

APRIL 23, 2025

billion rate data points monthly to provide the most comprehensive view of the market, helping you identify savings opportunities and make data-driven decisions. billion rate data points monthly to provide the most comprehensive view of the market, helping you identify savings opportunities and make data-driven decisions.

Optimal Sourcing 62

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Logistics Viewpoints

MARCH 3, 2021

While Transplace did not report their revenue growth, they did put out a market update report where they wrote about key trends in the freight market: Demand remains strong with a continued surge in consumer goods manufacturing, retail shelf restocking, and a strong housing market. Like GlobalTranz, Transplace is private. That is strategic.

Negotiating Skills 116

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WorkWave

MAY 30, 2024

Supplier Relationship Management (SRM) is a critical component for field service organizations looking to optimize their operations and ensure the highest level of quality and efficiency in their supply chain. What is Supplier Relationship Management (SRM)?

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Logistics Business Magazine

MAY 19, 2023

Long-awaited price deflation is now happening, says international procurement and supply chain management consultancy INVERTO, part of Boston Consulting Group. Those businesses that are unable to cut prices in line with the rest of the market could lose out significantly. They need to get back to doing that and quickly.”

Negotiating Skills 51

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GlobalTranz

AUGUST 18, 2016

Modern distribution technology has significantly changed how suppliers get their products to end-users, and consumers are driving changes in how Distributors use technology to better their business processes. Value-Added Services and TMS Capabilities Are Critical Points in Contract Negotiation. Hours of Service Guidelines Are Evolving.

Supply Chain Planning Software 60

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Logistics Business Magazine

MAY 22, 2023

Long-awaited price deflation in the UK is now happening, says international procurement and supply chain management consultancy Inverto, part of Boston Consulting Group. Says Agarwal: “The coming months are going to see significant price competition as costs come down, especially in certain commodities. in February to 10.1%

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SYSPRO Smarter ERP

NOVEMBER 30, 2021

Reliance on too few primary suppliers for critical components and materials has compounded the problem even further with unexpected ripple effects on downstream manufacturing as evidenced by the still ongoing global computer chip shortages. Manufacturers know that good supplier relationships are critical. Managing Inventory.

Supply Chain Planning Software 105

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Logistics Bureau

OCTOBER 10, 2022

Suffice it to say that, generally, it’s wise to hold service as the non-negotiable element of inventory optimisation, thereby seeking to keep the right amount of stock to meet required service levels while minimising the inventory costs as much as possible. 3: Supplier Lead Time. How Does Lead Time Affect Inventory?

Inventory Reduction 105

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Logistics Viewpoints

MAY 6, 2022

While all of this technology sounds pretty amazing, it should be said that this type of performance comes with a price tag. McCormick’s diverse supplier network helps shield it from Ukraine impacts. west coast, according to Germany-based Container XChange, a technology firm which tracks container movement trends worldwide.

Manufacturing Procurement 105

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Ship Monk

FEBRUARY 20, 2025

This trend is expected to continue, making it essential to find ways to mitigate these costs. Carrier Consolidation: The dominance of UPS and FedEx creates a duopoly, giving them significant pricing power. Shifts in the Market: Pitney Bowes: In 2024, Pitney Bowes made headlines with aggressive pricing strategies.

Negotiating Skills 52

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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 98

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3PL Links

MAY 11, 2023

Image source: Pixabay | Maximize Your Efficiency: Top 5 Supply Chain Trends to Adopt in 2023 We can all agree that the supply chain is critical to a business’s operational success, right? In a nutshell, the failures are caused by the fact that suppliers do not always have security management, allowing gaps in the system.

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Logistics at MPEPS at UPV

APRIL 8, 2019

This is why is such an important thing to find an evaluate several suppliers in order to have options and mixed costs that keep us as close to our ideal or theoretical production costs. As in every kind of negotiation, but specially any including logistic processes, we need to take into account: -Big Picture. The product must be built.

Manufacturing Procurement 40

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FreightWaves SONAR

JUNE 1, 2021

Maybe that’s not exactly true – there are also issues related to the semiconductor shortage, such as record used vehicle prices, consumers buying early in order to get their desired vehicles, and vows to ditch just-in-time inventory management. Plus, it allows shippers to see how their rates compare to the market.

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Logistics Bureau

JULY 25, 2022

Thirdly, suppliers and buyers are finding it increasingly difficult to do business due to the need for compliance with the continuing barrage of harsh sanctions. Many Western enterprises unknowingly depend on Russian and perhaps Ukrainian companies as t ier 2 suppliers. Firstly, the war is having a direct impact on ports and routes.

Supply Chain Design Software 98

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GlobalTranz

FEBRUARY 12, 2018

WHITE PAPER] The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018. They will have to negotiate for resources, budgets, and schedules. Sometimes a supplier doesn’t deliver the materials on time, so the production process gets stuck and the entire timeline is altered. Download white paper. Flexibility.

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Transporeon

MARCH 22, 2018

Depending on the mode of transport and the type of product being shipped, the offer matrix can contain individual price components and different quantity structures and units, along with additional information that can make comparisons difficult.

Optimal Sourcing 48

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Turvo

FEBRUARY 9, 2021

It’s been said that there are two ways to increase profits: raise prices or reduce expenses. Stay ahead of the competition with data comparison, making it easier to see trends and meet customer demands. Seeing the current trends and knowing the possible upcoming trends can help everyone prepare and stay ahead of the competition.

Logistics Network Optimization Software 52

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Transporeon

APRIL 2, 2019

This blog examines how manufacturers, suppliers, and retailers can take back control and cut cuts by improving tender management. Checking the background info In 2015, the ocean freight rate trend was distinctly downwards – the SCFI declined from around 1,000 to just 500 during the year.

Price Reduction 48

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Locus

DECEMBER 7, 2021

Oil price fluctuations. Fluctuations in oil prices and oil supply disruptions are majorly caused by political events, supply pipeline issues or weather problems. Oil price and logistics operating cost follows a linear pattern, and if we double our fuel prices, operating cost would increase by about a factor of 1.8.

Optimal Sourcing 52

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Logistics Bureau

MAY 9, 2016

Current liabilities are typically accounts payable, meaning money you are due to pay out, for example to suppliers. As a result, if you can get paid by your customers before you have to pay your suppliers and reduce inventory to boot , your current assets can be reduced to below your current liabilities.

Inventory Reduction 55

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247 Customs Broker

JUNE 13, 2018

Titled, “Rough seas ahead for procurement,” the paper notes that traditional business models of many industries are being disrupted by technological innovation, putting a cap on the ability to pass price increases on to consumers. As with ‘frontier markets,’” we advise our clients to develop a measured approach to doing business there.

Manufacturing Procurement 28

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Conger

MARCH 28, 2024

Here are the new trends in technologies that continue to impact fleet management practices: Autonomous vehicles : I am sure you have already seen autonomous vehicles used in military applications or niche logistics. Subscribe to industry publications and attend webinars and conferences to stay informed about new trends and innovations.

Optimization Software 72

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247 Customs Broker

MAY 30, 2018

Chris Welsh, Secretary General of the Global Shippers’ Forum (GSF) believes this move is an indictment on the liner shipping industry that is still using collective pricing methods to impose surcharges. . Finally, Welsh noted that the use of emergency surcharges is a “none too subtle” attempt to impose non-negotiable charges on customers.

Negotiating Skills 28

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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

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

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

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. One example is supplier performance evaluation. Other uses are finding out how expensive a product price is perceived to be, and controlling the cost of stocks. The following are examples.

Supply Chain Planning Software 63

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The Logistics Academy

FEBRUARY 13, 2017

Q: What are the latest trends in logistics education, and how does your program address them? Gerard Burke, Georgia Southern University: A continuing trend is the challenge to attract students to pursue a career often perceived as humdrum. Experiential learning is another trend seen as valuable to both hiring companies and students.

Supply Chain Design Software 40

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Automotive Logistics

MAY 30, 2018

Better communication is needed in the automotive supply chain, including between OEMs, suppliers, logistics providers and IT experts providing digital supply chain services. Rene Diest, global chief information officer (CIO) at interiors supplier Faurecia, agreed that in a data-driven economy it was all about “the fast beating the slow”.

Supply Chain Planning Software 48

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Infosys Supply Chain Management

MARCH 30, 2012

Discuss the latest trends and solutions across the supply chain management landscape. They are actually able to compare the products, look for availability of the product, get detailed information about the product, check prices at various online websites selling the specific product and also look for attractive offers. Recent Posts.

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Automotive Logistics

NOVEMBER 5, 2018

Belarus and Kazakhstan, however, have no such obligations and have negotiated the right to continue supporting assembly plants in their countries with lower duties. Despite the growing trend in local production of cars, some brands continue to import some or all of their models into Russia. Related topics. Deeper localisation.

Negotiate Pricing 28

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Conger

JULY 28, 2022

Lower freight costs since these warehouses often negotiate favorable rates with freight companies based on their volume of clients and order throughput. And although co-ops get the best pricing, some cooperative warehouses do allow non-cooperative businesses to store their goods. Stabilizes prices. Cons of Public Warehouses.

Examples 52

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247 Customs Broker

FEBRUARY 1, 2018

The collection provides analysis of the key trends affecting the overall industry, and is split into five surveys investigating the freight forwarding, motor carrier, express and warehousing sectors as well as the increasingly important topic of “environment and ethics” in global logistics. Technology key to logistics evolution.

Logistics Network Optimization Software 28

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