Logistics Viewpoints

NOVEMBER 19, 2024

Given the many aspects of retail operations outside a business’ control—from supply chain disruptions and labor shortages to inflation and interest rates impacting both operational costs and customer behavior—the fulfillment challenge this peak holiday season is acute.

Cost Reduction 87

Cost Reduction Resource Reduction Price Reduction Vendor Strategies 87

Logistics Bureau

SEPTEMBER 4, 2023

Have you conducted a cost-to-serve (CTS) analysis for your enterprise? And that is the sole purpose of cost-to-serve analysis. If you were going to say, “What is a cost-to-serve analysis?” When costs begin to spiral out of control, the result is usually a loss of revenue in proportion to sales.

Negotiating Skills 98

Negotiating Skills Purchasing Skills Cost Reduction Analysis 98

Logistics Bureau

OCTOBER 11, 2024

The time when Procurement was almost a synonym to Purchasing has long gone. It all depends on an organisation’s maturity in skill, infrastructure and culture. What skill sets are required for the next generation of procurement leaders? Instead, it should be an information exchange virtual platform.

Manufacturing Procurement 98

Manufacturing Procurement Optimal Sourcing Procurement Solutions Procurement Analytics 98

Logistics Bureau

DECEMBER 24, 2024

Warehousing and distribution management is nota core skill. Related to the core skill issue, often organisations that have a strategic focus other than in transport or warehousing, cannot attain the desired performance levelsand key performance indicators (KPIs) required by their customers. But what about cost of service?

Outsourcing 52

Outsourcing Warehousing Negotiating Skills Purchasing Skills 52

MTS Logistics

MARCH 18, 2025

The present paper will also consider the causes and effects of port congestion in ocean freight, as well as the existing and potential solutions to this problem. For instance, merchants may delay the receipt of their purchases, which can result in out-of-stock positions and the loss of potential sales.

Supply Chain Software 59

Supply Chain Software Industry Freight Purchasing Skills 59

Shipping and Freight Resource

AUGUST 19, 2021

Mass container shortage has disrupted international supply chains and seen the cost of freight and shipping increase exponentially across all sectors. While it may be easy to blame this single factor for an increase in freight cost, many more factors have contributed to the inflated prices we are currently seeing across the sector.

Purchasing Skills 89

Purchasing Skills Freight Freight forwarding Article 89

Logistics Business Magazine

OCTOBER 6, 2020

“Most challenging though is having to qualify internal limitations or present an unattractive price in order to cover the transactional cost to the 3PL. ” The post E-commerce Purchases are Rocketing appeared first on Logistics Business® Magazine.

Purchasing Skills 77

Purchasing Skills Procurement Solutions Purchasing Modeling Software 77

3PL Links

JANUARY 8, 2025

Image source: iStocks | The Ultimate Guide to Fleet Management: Strategies to Control and Optimize Your Processes Investing in a fleet management system results in an improvement in internal processes, which directly reflects the quality of the service provided to the end customer.

Optimal Sourcing 62

Optimal Sourcing Cost Reduction Resource Reduction Expense Reduction 62

Logistics Bureau

NOVEMBER 14, 2018

Too much leads to resources being monopolised on gathering tons of data and a subsequent risk of “paralysis by analysis” Cost to Serve (CTS) is an approach that helps you avoid both extremes. How Much Does It “Cost to Serve” Your Customer? It costs you a certain amount to make a product. Sales organisation costs.

Purchasing Skills 93

Purchasing Skills Cost Reduction Supply Chain Planning Software Supply Chain Design Software 93

MTS Logistics

JUNE 21, 2024

How do the shipowner companies make decisions about purchasing and selling different kinds of ships? There is one dilemma discussed which is whether the price is equal to the value. The net present value of the future income the vessel will earn is used to calculate the vessel’s value. This approach is past-oriented.

Purchasing Skills 105

Purchasing Skills Price Reduction Cost Reduction Supply Chain Planning Software 105

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 98

Cost Reduction Purchasing Skills Expense Reduction Inventory Reduction 98

Logistics Viewpoints

MARCH 3, 2025

He also spoke at the ARC forum in 2023, and this article is based on that presentation as well. These agents can communicate, negotiate, and collaborate to solve complex problems. Then, another application would be purchased, and another, and another. trillion records from 47 data sources in the Cognite platform.

Packing 75

Packing Supply Chain Design Software Negotiating Skills Supply Chain Planning Software 75

Freightos

SEPTEMBER 8, 2020

Just take a look at pricing fluctuations for Suntory’s Yamazaki 12 Year Old. Their “overperformance” quickly prompted accusations of profiteering or price manipulation, and even a couple government inquiries. And if not, why have prices been skyrocketing when demand is not? Is ocean freight pricing broken?

Purchasing Skills 87

Purchasing Skills Price Reduction Freight Supply Chain Software 87

GlobalTranz

OCTOBER 3, 2018

E-commerce has transformed how consumers shop and purchase their favorite products, as well as try new products and services. In addition, poor web design or lag time could dramatically increase e-commerce logistics costs by leading to greater instances of cart abandonment or even lackluster customer support. Think about it.

Cost Reduction 81

Cost Reduction Purchasing Skills Price Reduction Resource Reduction 81

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.

Cost Reduction 91

Cost Reduction Purchasing Skills Price Reduction Waste Reduction 91

Logistics Business Magazine

OCTOBER 14, 2022

Cleveron presents a smart, unmanned telecom service kiosk where customers can communicate with the company and collect their purchases via a smart screen and a robotic parcel locker. The post Cleveron and Clevon present new solutions at Gitex appeared first on Logistics Business® Magazine.

Procurement Solutions 63

Procurement Solutions Presentation Logistics Network Optimization Software Modeling Software 63

SIPMM Professional Publications

FEBRUARY 16, 2020

It presents a particularly high profile and negative impact on the construction industry. It can cost a construction business millions of dollars and damage its reputation. Procurement fraud relates to purchasing goods, services or commissioning construction projects from third parties.

Cost Reduction 113

Cost Reduction Construction Procurement Strategy 113

WorkWave

APRIL 21, 2021

Even if your field service business is already structuring billing around parts and labor, exploring the perks of flat rate pricing can be beneficial—especially when it comes to implementing a billing process that benefits both your business and your customers. In fact, 92% of homeowners prefer flat rate pricing over hourly pricing.

Negotiating Skills 59

Negotiating Skills Purchasing Skills Price Reduction Cost Reduction 59

WorkWave

OCTOBER 17, 2024

superior technology, faster delivery times, eco-friendly vehicles) By presenting a clear description of your business, potential investors or partners can better understand how your company fits into the larger market. better customer service, faster delivery times, or lower costs). Competitive Analysis : Who are your competitors?

Cost Reduction 52

Cost Reduction Logistics Network Optimization Software Transportation Purchasing Skills 52

Logistics Viewpoints

DECEMBER 2, 2021

There will be little relief in 2022 unless the factors driving the increased import volumes—a strong economy and the fundamental shift in consumer behavior to purchase more goods and less services—change. Near or re-shoring sourcing strategies will be evaluated to “shorten” supply chains and gain greater control of supply chain performance.

Waste Reduction 141

Waste Reduction Cost Reduction Inventory Reduction Resource Reduction 141

MTS Logistics

SEPTEMBER 12, 2024

The capacity to influence the purchasing experience, engage customers throughout the entire delivery lifecycle, and offer valuable real-time delivery information sets market leaders apart from their competitors. By offering delivery choices and value-added services during the purchase, companies can boost revenue and lower delivery expenses.

Examples 105

Examples Logistics Network Optimization Software Resource Reduction Buyer Training 105

Blue Grace Logistics

AUGUST 3, 2021

Companies have the right to receive the best service and the best price from their suppliers, and the relationship between shippers and suppliers is a key component to a successful partnership. It is important to value the options based on variables such as: Price. Select Your Supplier Carefully. Payment conditions.

Maintainability 118

Maintainability Price Reduction Purchasing Skills Resource Reduction 118

Logistics Business Magazine

FEBRUARY 7, 2022

Software company Setlog will present its enhanced SCM software OSCA at the LogiMAT intralogistics trade fair in Stuttgart (31st May – 2nd June). Those who tackle this now need not fear the legislation, additional costs or increased administrative efforts after the Supply Chain Act comes into force,” says Duester.

Procurement Solutions 53

Procurement Solutions Supply Chain Software Logistics Network Optimization Software Presentation 53

Material Handling and Logistics

JULY 29, 2018

Retailers such as Walmart have rigorous standards and will only purchase from suppliers who meet these standards. And customers, many of whom are Millennials, want to know the sourcing of the products they buy and will make decisions based on a company’s sustainability record. Reducing energy costs often reduces GHG emission.

Sourcing Strategies 133

Sourcing Strategies Cost Reduction Price Reduction Material Savings 133

Logistics Bureau

JANUARY 3, 2025

Transportation options: Costs and lead times for each available transportation mode. Transportation costs: Freight rates, fuel and labour costs, and other transportation expenses. Fixed costs: Distribution centre fixed costs, such as rent, utilities, and equipment. Inventory turnover: Inventory turns for each SKU.

Supply Chain Design Software 75

Supply Chain Design Software Supply Chain Design Distribution Networks 75

CH Robinson Logistics

JULY 13, 2022

Our academic research continues to show that contracted freight in a hierarchical route guide provides great service and price. Every business has a responsibility to develop strategies that take advantage of the best market price and service. However, it also shows that some freight does not do well in a committed route guide.

Price Reduction 90

Price Reduction Cost Reduction Strategy Purchasing Skills 90

Trinity Logistics

AUGUST 23, 2024

A few months into 2023, YRC and the Teamsters Union engaged in back-and-forth negotiations. A company that was in financial disarray was now losing its primary source of revenue. The Teamsters had not agreed to the negotiations, and the 11 th hour came and went. YRC was granted a $700 million COVID-relief loan by the U.S.

Industry 127

Industry Purchasing Skills Negotiating Skills Logistics Network Optimization Software 127

Logistics Viewpoints

SEPTEMBER 30, 2022

Second, the pandemic kicked online buying and home delivery into “high gear” as many consumers embraced its convenience and dramatically expanded the scope of their online purchasing. Consumers are making purchasing decisions based upon environmental impact. Sustainable home delivery options result in lower costs to the retailer.

Eliminating Excel in Purchasing 109

Eliminating Excel in Purchasing Cost Reduction Purchasing Skills Resource Reduction 109

Chronicled

MAY 1, 2023

Photo by Volodymyr Hryshchenko on Unsplash Understanding the 340B Program and its Presenting Issues The 340B Drug Pricing Program is a federally-run initiative that allows eligible healthcare organizations to access outpatient prescription drugs at discounted prices. What contributes to these difficulties?

Purchasing Skills 52

Purchasing Skills Price Reduction Manufacturing Procurement Supply Chain Software 52

Logistics Business Magazine

OCTOBER 23, 2024

Fast and free shipping has become a cornerstone of success in e-commerce with 75% of consumers prioritizing it when making purchasing decisions. Offering this service presents significant challenges, however, from rising operational costs to balancing customer expectations with profitability.

Cost Reduction 55

Cost Reduction Price Reduction Expense Reduction Resource Reduction 55

Logistics Viewpoints

APRIL 26, 2022

As more consumers flock to e-commerce, purchasing big & bulky goods such as furniture, appliances, and wholesale electronics online is becoming more common. The trend of purchasing big & bulky items online will continue to grow, with Statista predicting 35% of furniture sales worldwide will be made online by 2025.

Supply Chain Planning Software 104

Supply Chain Planning Software Optimization Software Supply Chain Software Logistics Network Optimization Software 104

WorkWave

MAY 23, 2024

Each stage presents unique opportunities to engage and delight customers, from awareness to retention. Be Transparent Transparency in pricing and offerings is also vital for customer journey optimization at this stage; it helps customers make informed decisions and fosters additional trust in your brand. An optimized GBP: Is 2.7x

Optimization Software 107

Optimization Software Optimization Price Reduction Cost Reduction 107

Now, That's Logistics

JUNE 9, 2021

A region made up of over 30 countries, each of which has its own unique culture, customs, dialects, federal regulations, currency, tariffs, and customer preferences, Latin America or “LATAM” presents new opportunities for shippers to expand their cross-border operations and serve a broader audience of global buyers.

Inventory Reduction 148

Inventory Reduction Logistics Network Optimization Software Cost Reduction Presentation 148

TransAudit

AUGUST 29, 2023

Purchase of USF in 2005: The acquisition of USF, though appearing promising on paper, led to integration complications and further increased Yellow’s debt. Aggressive Competition and Price Undercutting With rivals employing aggressive pricing strategies, YRC found it challenging to maintain its price points in a saturated market.

Negotiating Skills 86

Negotiating Skills Purchasing Skills Price Reduction Freight 86

GoShip Blog

JUNE 15, 2022

Knowing your supply volumes and approximate demand extent, you’ll be able to calculate your expenses more precisely and find opportunities to cut unnecessary costs. In addition, you’ll have more time to evaluate the freight shipping pricing options that suit your supply chain organization. Pack Father’s Day presents properly.

Presentation 52

Presentation Supply Chain Planning Software How To Material Savings 52

AIMMS

NOVEMBER 12, 2019

So should the purchasing process. . RFIs tend to work well for certain industries (like government) or for purchasing equipment and industrial assets, bu t t hey often fall short in helping supply chain teams select a new software vendor. There is valuable time and effort put in by both the supplier and the purchasing party.

Supply Chain Planning Software 101

Supply Chain Planning Software Procurement Solutions Modeling Software Supply Chain Software 101

WorkWave

SEPTEMBER 30, 2021

Purchasing and managing a route is a wonderful investment, especially if you want to be your own boss. When drafting ideas, try to focus on an image you would like to present to clients for the first time. The next thing you need to do is prepare for startup costs. Ongoing Costs. Starting a Delivery Business. Dependable?

Purchasing Skills 98

Purchasing Skills Purchasing Tips Replenishment 98