The Logistics & Supply Chain Management Society

OCTOBER 15, 2023

The Approach to Effective Freight Procurement by LSCMS Shippers’ Council Container shipping procurement faces a multitude of challenges shaped by global events, industry shifts, environmental mandates, and technological advancements. It serves as the compass guiding shippers toward efficient, economical, and dependable cargo transport.

Optimal Sourcing 130

Optimal Sourcing Procurement Sourcing Strategies Freight 130

Freightos

FEBRUARY 28, 2022

But they ran into a pricing challenge; consumers hate price changes (at least, price increases) and like most commodities, the cost of chicken changes. They drew a blank when looking for a chicken farmer that would commit to a fixed price. Which brings us to international freight. Say hello to the future(s).

Negotiating Skills 177

Negotiating Skills Shipping Price Reduction Supply Chain Planning 177

Supply Chain Game Changer

OCTOBER 29, 2020

Do You Have Hidden Freight Costs? Freight sourcing team article and permission to publish here provided by Katharine Barrios at xeneta.com. Freight sourcing and procurement is a critical component of the whole supply chain and is crucial to the success of the business. Market Knowledge. GET our EBOOK HERE.

Sourcing Strategies 75

Sourcing Strategies Negotiating Skills Optimal Sourcing Negotiate Pricing 75

Logistics Viewpoints

MAY 26, 2023

The trouble today is finding authentic pairs which also do not cost an arm and a leg. This resulted in meaningful cost savings for our last mile delivery program overall,” he added. The Jordan IV was the only pair of Jordans that I ever owned, and to this day, I still consider them the greatest basketball sneaker ever made.

Negotiating Skills 205

Negotiating Skills Pricing Training Jordan Purchasing Training 205

Unleashed

APRIL 28, 2024

In this week’s edition of The Backorder: Talent shortage threatens US manufacturing growth Success secrets from the CEO of a recycled homewares brand 5 tips for negotiating better supplier contracts Job opportunities from Hasbro, Shake Shack, and more Not subscribed to The Backorder? Be prepared and willing to negotiate beyond price.

Negotiating Skills 52

Negotiating Skills Negotiate Pricing Manufacturing Procurement Buyer Training 52

Supply Chain Game Changer

APRIL 29, 2020

Do You Have Hidden Freight Costs? Ocean freight article and permission to publish here provided by Katherine Barrios at xeneta.com. Freight forwarders and shippers/BCO s are on a constant quest to have a better understanding of their ocean freight costs and ultimately have larger margins.

Negotiating Skills 69

Negotiating Skills Cost Reduction Strategies Optimal Sourcing Freight 69

Supply Chain Shaman

FEBRUARY 18, 2021

Re-implement demand planning, trade promotion management, and revenue/price management together to improve the baseline demand signal. Initially, the output was published to procurement to design strategic buying strategies. The focus of the transportation suites was on cost mitigation and price negotiation.

Supply Chain Planning Software 315

Supply Chain Planning Software Supply Chain Design Software Supply and Demand Procurement Analytics 315

Supply Chain Game Changer

NOVEMBER 19, 2020

What’s the Difference Between a Freight Forwarder and a Customs Broker? Freight forwarder rates article and permission to publish here provided by Victor at excelsior.ph. If you are a business owner looking for a freight forwarding service, the first thing you must consider is your preferred budget. Get Our EBOOK HERE.

Negotiating Skills 92

Negotiating Skills Freight Buyer Training eBook 92

GlobalTranz

SEPTEMBER 23, 2021

High freight volumes across all industries in the trucking market are expected to continue into 2022.? The added strain on resources is on track to force high freight volumes to continue well into the next year. Port backlogs, cargo limitations on container ships, and a lack of available equipment and port facility staffing.?

Prescriptive Analytics Software 308

Prescriptive Analytics Software Optimal Sourcing Pricing Training Negotiating Skills 308

Logistics Viewpoints

FEBRUARY 17, 2023

Expanding the smart package initiative will help UPS strengthen its network efficiency as it seeks to reduce costs in a cooling demand environment. hope to slash shipping costs and save millions of dollars when they sit down later this month to negotiate long-term contracts with ocean carriers following last year’s surge in rates.

Logistics Network Optimization Software 204

Logistics Network Optimization Software Waste Reduction Cost Reduction Strategies Resource Reduction 204

The Logistics of Logistics

NOVEMBER 17, 2023

Brian is the Founder of Port X Logistics , a transportation company that specializes in expediting containerized cargo throughout the U.S. About Brian Kempisty Brian Kempisty is the Founder of Port X Logistics, a transportation company that specializes in expediting containerized cargo throughout the U.S. and Canada. and Canada.

Resource Reduction 235

Resource Reduction Supply Chain Strategy Price Mitigation Strategies Strategy 235

The Logistics & Supply Chain Management Society

AUGUST 14, 2023

While GSAs can provide benefits such as cost savings and increased efficiency, they also introduce new risks and challenges for shippers. GSAs should allow shipping companies to offer more frequent and reliable services to their customers, while also reducing costs and improving efficiency in a highly competitive industry.

Risk Management 130

Risk Management Negotiating Skills Vendor Strategies Resource Reduction 130

Supply Chain Matters

MAY 22, 2023

freight and logistics industry continues to mitigate recessionary conditions including the April 2023 Logistics Manager Index reaching its lowest level lowest level in six years and one-half years. freight, logistics and parcel movement industry. Freight rate reportedly fell 37 percent. percent drop in cargo volumes.

Negotiating Skills 52

Negotiating Skills Inventory Reduction Cost Reduction Strategies Price Reduction 52

BR Williams Supply Chain Management

AUGUST 6, 2020

Intermodal freight shipping has been around for decades, but it is growing in popularity due to its many benefits. Integrating intermodal shipping into your supply chain can bring significant cost-savings, increased levels of security, improved safety, and make shipments flexible. Cost-effective. Reliable and Secure.

Negotiating Skills 98

Negotiating Skills Shipping Cost Reduction Strategies Price Reduction 98

Freightos

MAY 15, 2024

More Resources Home May 15, 2024 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market. Asia-US East Coast prices (FBX03 Weekly) climbed 8% to $5,093/FEU.

Negotiating Skills 215

Negotiating Skills Asia Europe Cargo 215

CH Robinson Transportfolio

APRIL 9, 2018

5 Things to Know Before Negotiating Ocean Shipping Contracts This Year | Transportfolio. The 2018-19 contract season for ocean shipping is here, and it’s time to think about the best way to approach negotiations. Still, if you had ocean freight in 2016, the memory of the bankruptcy of the Hanjin shipping line may linger in your mind.

Negotiating Skills 34

Negotiating Skills Shipping Price Reduction Cost Reduction Strategies 34

Logistics Viewpoints

MARCH 29, 2024

In the early morning hours of April 26, at approximately 1:35am, a cargo ship leaving Baltimore Harbor struck the Francis Scott Key Bridge, triggering a catastrophic collapse of the 1.6-mile-long mile-long span. The collapse sent vehicles and people plunging into the water. Retail groups this week are applauding a U.S.

Prescriptive Analytics Software 254

Prescriptive Analytics Software Logistics Network Optimization Software Supply Chain Software Logistics 254

Intelligent Audit

JULY 14, 2022

Cargo vessels, planes, and semi-trucks portray freight transportation as they cross great distances to get loads to their final destination. However, without the correct paperwork, freight can’t leave the ground. It would follow that an increase in packages and parcels will increase freight damage. dollars in 2021.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Freight Supply Chain Software Supply Chain Planning Software 52

Freightos

NOVEMBER 7, 2023

More Resources Home November 7, 2023 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market. Europe prices (FBX11 Weekly) increased 18% to $1,249/FEU.

Negotiating Skills 282

Negotiating Skills Price Reduction Vendor Strategies Cost Reduction Strategies 282

Freightos

MARCH 12, 2024

More Resources Home March 12, 2024 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market. Asia-US East Coast prices(FBX03 Weekly) fell 8% to $6,107/FEU.

Negotiating Skills 281

Negotiating Skills Optimal Sourcing Asia Europe 281

Freightos

JANUARY 30, 2024

More Resources Home January 30, 2024 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market. Europe prices (FBX11 Weekly) fell 1% to $5,456/FEU.

Negotiating Skills 270

Negotiating Skills Optimal Sourcing Asia Europe 270

Freightos

JANUARY 16, 2024

More Resources Home January 16, 2024 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market. Europe prices (FBX11 Weekly) increased 8% to $4,757/FEU.

Negotiating Skills 226

Negotiating Skills Asia Optimal Sourcing Europe 226

Intelligent Audit

AUGUST 16, 2022

Despite optimistic changes in air travel in 2022, air cargo availability remains slim amidst continued disruptions, revealing the need for continued surcharges and fees that complicate freight billing. However, UPS reported that, “Effective August 14, 2022, Asia to Canada WWE FREIGHT rates will decrease.

Logistics Network Optimization Software 98

Logistics Network Optimization Software Negotiating Skills Purchasing Skills Demand Planning Software 98

Freightos

DECEMBER 28, 2023

More Resources Home December 28, 2023 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market. Europe prices (FBX11 Weekly) increased 11% to $1,621/FEU.

Negotiating Skills 194

Negotiating Skills Price Reduction Asia Vendor Strategies 194

Logistics Viewpoints

FEBRUARY 18, 2022

What Berglund is referring to is the advantage that shipping lines hold for negotiations with cargo shippers for 2022 and beyond. Xeneta currently puts the Asia-West Coast spot rate at just under $10,000 per FEU, with some cargoes paying additional priority shipment fees of $1,400-$7,500.

Logistics Network Optimization Software 203

Logistics Network Optimization Software Pricing Training Indiana Logistics 203

Freightos

FEBRUARY 28, 2024

More Resources Home February 28, 2024 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market. Europe prices(FBX11 Weekly) fell 1% to $4,553/FEU.

Negotiating Skills 177

Negotiating Skills Asia Optimal Sourcing Yemen 177

Freightos

JANUARY 28, 2016

10 Controversial Freight Predictions For 2016. Superships have cut container slot costs, but the resulting overcapacity triggered a price war. Data savvy shippers are collaborating with other shippers to reduce spend, crunching big data to benchmark freight rates to make the right freight decisions.

Predictive Analytics Software 120

Predictive Analytics Software Freight Purchasing Skills Price Reduction 120

Freightos

JANUARY 28, 2016

10 Controversial Freight Predictions For 2016. Superships have cut container slot costs, but the resulting overcapacity triggered a price war. Data savvy shippers are collaborating with other shippers to reduce spend, crunching big data to benchmark freight rates to make the right freight decisions.

Predictive Analytics Software 120

Predictive Analytics Software Freight Purchasing Skills Price Reduction 120

Freightos

JANUARY 10, 2024

More Resources Home January 10, 2024 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market. Europe prices (FBX11 Weekly) increased 176% to $4,391/FEU.

Negotiating Skills 217

Negotiating Skills Asia Price Reduction Optimal Sourcing 217

Freightos

FEBRUARY 7, 2024

More Resources Home February 7, 2024 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market. Europe prices (FBX11 Weekly) fell 7% to $5,097/FEU.

Negotiating Skills 177

Negotiating Skills Optimal Sourcing Syria Asia 177

Freightos

JULY 26, 2023

Blog " * " indicates required fields Email * More Resources Home July 26, 2023 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market.

Negotiating Skills 156

Negotiating Skills Price Reduction Resource Reduction Asia 156

Intelligent Audit

JULY 12, 2022

On June 29, FedEx revealed “Network 2.0”, a new long-term strategy focused on collaborating with FedEx’s three previously separate entities: FedEx Express, FedEx Freight, and FedEx Ground. In June, UPS announcedit had successfully negotiated a two-year contract extension with its flight crewmember’s union.

Negotiating Skills 52

Negotiating Skills Price Reduction Supply Chain Network Software Network Optimization 52

Freightos

JANUARY 3, 2024

More Resources Home Red Sea and Suez Canal Shipping Crisis Update Judah Levine Optimize your logistics tendering, vendor selection, negotiations, and procurement with Freightos Data Book a Demo Even with an international naval force in place, Houthi attacks on commercial vessels in the Red Sea continue. Rates to N.

Shipping 299

Shipping Negotiating Skills Asia Yemen 299

Freightos

NOVEMBER 15, 2023

More Resources Home November 15, 2023 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market. Europe prices (FBX11 Weekly) increased 11% to $1,381/FEU.

Price Reduction 255

Price Reduction Negotiating Skills Vendor Strategies Resource Reduction 255

Freightos

JANUARY 29, 2020

A key to efficiency and profitability in commerce is the ability to match supply with demand at its optimal, market-based price, and make that pricing available to customers – all in real time. . There has been growth in revenue of airlines, a reduction in price to consumer, and an increase in utilization.

Cargo 231

Cargo Optimization Software Modeling Software Demand Planning Software 231

Freightos

FEBRUARY 22, 2024

More Resources Home February 22, 2024 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market. Europe prices (FBX11 Weekly) fell 2% to $4,587/FEU.

Price Reduction 177

Price Reduction Negotiating Skills Vendor Strategies Resource Reduction 177

GlobalTranz

APRIL 17, 2018

These giants have deep pockets, capable of offering low-cost, if not free, parcel shipping. Unfortunately, the volume of small packages shipped , as well as the variety of carriers used, can make keeping costs in check sound like a dream, inaccessible. Negotiate Shipping Rates Like a Pro. Purchase Insurance.

Material Savings 151

Material Savings Shipping Cost Reduction Strategies Negotiating Skills 151