ToolsGroup

DECEMBER 20, 2021

Image source: Bloomberg. With senior management at major importers attributing earnings and missed sales to these challenges, the bottom line is that the products took longer and cost more than was projected. Higher container costs , resulting in container-by-container decisions on what to ship. So what can we learn?

Supply Chain Disruption 194

Supply Chain Disruption Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 194

Ware2Go

JANUARY 7, 2022

Recent supply chain disruptions , including images of cargo ships stuck off the West Coast , have led eCommerce shops to rethink their just-in-time and just-in-case inventory strategies. . In a November survey , 87% of merchants shared that they already were affected by increased freight costs. Advantages. Disadvantages.

Just-in-Time 98

Just-in-Time Optimal Sourcing Manufacturing Procurement Supply Chain Disruption 98

Supply Chain Matters

MAY 22, 2023

Transportation prices reportedly contracted for the tenth consecutive month, but authors pointed to a lessened rate in the April data. surveys both indicated that businesses are reluctant to place new orders amid higher material prices and continued economic uncertainty. percent drop in cargo volumes. remains unclear.

Negotiating Skills 52

Negotiating Skills Inventory Reduction Cost Reduction Strategies Price Reduction 52

Enterra Insights

JUNE 28, 2023

Just 14 years later, the first air cargo flight took place in 1910. A well-planned logistics system ensures that goods can be delivered safely and reliably, on time and with minimal cost — preventing any major delays or missed deadlines.” Logistics can help reduce costs. Keep up the good work. 4] Scott G.

Logistics Network Optimization Software 130

Logistics Network Optimization Software Supply Chain Planning Software Logistics Supply Chain Design Software 130

Cathy Roberson

FEBRUARY 2, 2024

(Photo 58159433 | Packages © Daniel Kaesler | Dreamstime.com ) The success of UPS’ ‘Better and Bolder’ strategy is in doubt as the company faces lower volumes and higher costs. Photo 217470905 © Michael Vi | Dreamstime.com) Fear of a potential strike by UPS Teamster members cost UPS over a million packages a day.

Cost Reduction Strategies 70

Cost Reduction Strategies Las Vegas Logistics Network Optimization Software Negotiating Skills 70

Talking Logistics

OCTOBER 29, 2013

What is this going to cost? Besides providing fast, thorough answers to customers, today’s ERP, cloud-based SaaS, or 3PL-operated systems enable companies to manage the order lifecycle, control information and cargo flows, and reduce the total cost of goods. Your stakeholders can: Align sourcing, purchasing, logistics, and I.T.

Pricing Training 145

Pricing Training Purchasing Skills Purchasing Training Negotiating Skills 145

Supply Chain Matters

JULY 21, 2023

UPS Labor Contract Negotiations to Resume After labor contract renewal negotiations stalled earlier this month , parcel carrier and logistics services provider UPS and the International Brotherhood of Teamsters representing upwards of 330,000 workers, are planning to return to the bargaining table next week to hash out the remaining issue of wages.

Negotiating Skills 52

Negotiating Skills Logistics Network Optimization Software Purchasing Skills Transportation 52

Supply Chain Matters

JANUARY 17, 2023

In Part Two of this blog series , we provided highlights our third prediction, that supply chain management teams will continue to exercise more direct control of direct materials sourcing, and these efforts will be a prominent element of business strategy for CSCO ’s and CPO ’s this year. Prediction Background. Prediction Implications.

Predictive Analytics Software 52

Predictive Analytics Software Supply Chain Planning Software Supply Chain Software Cost Reduction Strategies 52

Locus

DECEMBER 7, 2021

Presently, their major focus lies on local production, warehousing and strategic sourcing. Oil price fluctuations. Fluctuations in oil prices and oil supply disruptions are majorly caused by political events, supply pipeline issues or weather problems. Optimize sourcing decisions.

Supply Chain Disruption 52

Supply Chain Disruption Optimal Sourcing Modeling Supply Chain Planning Software 52

Freightos

JUNE 21, 2023

Judah Levine June 21, 2023 Unbox your Freight knowledge. Visit our Resource Center Weekly highlights FBX Overview Ocean rates – Freightos Baltic Index : Asia-US West Coast prices ( FBX01 Weekly ) fell 9% to $1,427/FEU. This rate is 85% lower than the same time last year.

Negotiating Skills 156

Negotiating Skills Panama Asia Cargo 156

Ware2Go

JANUARY 7, 2022

Recent supply chain disruptions , including images of cargo ships stuck off the West Coast , have led eCommerce shops to rethink their just-in-time and just-in-case procurement strategies. In a November survey , 87% of merchants shared that they already were affected by increased freight costs. Advantages. Disadvantages.

Just-in-Time 52

Just-in-Time Optimal Sourcing Manufacturing Procurement Supply Chain Disruption 52

Locus

JULY 24, 2023

You’ve got more goods than you can squeeze into an LTL shipment but not enough to justify the expense of an FTL.The beauty of PTL is that it’s cost-effective and flexible. Think of it as carpooling for cargo – you share the ride, and so you share the costs. It’s all about sharing space.

Optimal Sourcing 52

Optimal Sourcing Resource Reduction Optimization Software Modeling 52

Supply Chain Matters

JUNE 23, 2023

economy through the lens of the logistics and transportation sector in terms of costs and implications to the economy during the past year, in this case 2022. Our perspectives stem from an outside-in end-to-end business process, management and cost adsorption lens vs. that reflected by logistics industry media. BLC was reported as 8.3

Procurement Analytics 40

Procurement Analytics Report Negotiating Skills Purchasing Skills 40

Elementum

MAY 1, 2018

Potential Sources of Disruption. Loss of talent/skills. Identifying sources of risk and developing a plan are only part of the story. What alternative plants/factories/sources of supply do they have at their disposal? Unplanned IT or telecommunications outage. Cyberattack and data breach. Outsourcer failure.

Pharmaceutical 94

Pharmaceutical Supply Chain Planning Software Supply Chain Planning Supply Chain Design Software 94

Supply Chain Opz

NOVEMBER 9, 2014

Whether you''re a manufacturing company in China, a sourcing agent in London or a world''s leading company in Silicon Valley, we''re all in a global supply chain networks. Supply chain cost is always flat around the optimal strategy. A small investment in flexibility can significantly reduce total supply chain costs.

Waste Reduction 274

Waste Reduction Cost Reduction Strategies Supply Chain Planning Software Inventory Reduction 274

NC State SCRC

DECEMBER 4, 2017

They act as an intermediary between the shipper and transportation services, liaising with various carriers to negotiate on price and decide on the most economical, reliable and fastest route. Your freight forwarder is in charge of your precious cargo, so it’s important that you establish a good working relationship with them.

Negotiating Skills 45

Negotiating Skills Freight Cargo Logistics Network Optimization Software 45

Savi

MAY 28, 2020

Several people sat up long into the night, negotiating with the carriers so we could get these components – critical to the DoD’s mission – out of one factory and to the next for assembly. Just as we got the air cargo carrier to guarantee us some space on a plane, the plant manufacturing those parts was put under shutdown orders.

Supply Chain Planning Software 91

Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Software Purchasing Training 91

Supply Chain Game Changer

MAY 19, 2022

With supply chain disruptions, low capacity, and skyrocketing fuel costs, manufacturers and shippers are facing monumental hurdles. Fortunately, strategic planning can help you deliver your land cargo on-time , despite the abundant labor shortages. Low Land Cargo Capacity. Solutions for On-Time Land Cargo Delivery.

Negotiating Skills 95

Negotiating Skills Purchasing Skills Cargo Negotiate Pricing 95

Elementum

MAY 1, 2018

Potential Sources of Disruption. Loss of talent/skills. Identifying sources of risk and developing a plan are only part of the story. What alternative plants/factories/sources of supply do they have at their disposal? Unplanned IT or telecommunications outage. Cyberattack and data breach. Outsourcer failure.

Pharmaceutical 60

Pharmaceutical Supply Chain Planning Software Supply Chain Planning Supply Chain Design Software 60

TMC

NOVEMBER 10, 2016

Although container shipping is in dire straits with several other lines at risk of failure or in the throes of restructurings, it is by no means the only source of unpredictability in freight markets. Deciding whether to ship cargo via the U.S. Prepare for the 2018-19 port labor contract negotiations. Labor unrest in U.S.

Negotiating Skills 48

Negotiating Skills Cost Reduction Strategies Price Reduction Detroit 48

EMERGE App

NOVEMBER 4, 2018

Other countries outside of yours will have an advantage in producing certain goods because of lower costs, a highly-tuned supply chain or an abundance of raw materials and labour. This should serve as a general framework to source products from different countries according to their strengths. Calculate Landed Costs.

Purchasing Skills 49

Purchasing Skills Negotiate Pricing Negotiating Skills Manufacturing Procurement 49

Zipline Logistics

SEPTEMBER 7, 2021

Though often a result of an unexpected need, there is still a way to control costs and ensure quality performance when arranging expedited freight services. A good logistics partner can help your organization effectively source capacity and find expedited freight solutions for your high-attention orders. What Is Expedited Freight?

Freight 52

Freight Negotiating Skills Manufacturing Procurement Inventory Reduction 52

EMERGE App

NOVEMBER 4, 2018

Other countries outside of yours will have an advantage in producing certain goods because of lower costs, a highly-tuned supply chain or an abundance of raw materials and labour. This should serve as a general framework to source products from different countries according to their strengths. Calculate Landed Costs.

Purchasing Skills 40

Purchasing Skills Negotiate Pricing Negotiating Skills Manufacturing Procurement 40

Intelligent Audit

FEBRUARY 3, 2022

Cost control must take priority to combat such volatility. In addition, freight auditing consultants also help identify potential loss leaders to reduce carrier costs. Freight bill auditing service providers help shippers determine the cost of shipping services and what to pay for those services. . Improved operating margins.

Freight 52

Freight Material Savings Resource Reduction Cost Reduction Strategies 52

Logility

MAY 25, 2022

Supply chain organizations are now caught in the clutches of a global economy creaking beneath the weight of cargo embargoes, labor shortages, jammed ports and shipping lanes, and a pandemic that continues to evolve. A digital supply chain platform enables these interactions between planning, sourcing, and procurement ?

Optimal Sourcing 130

Optimal Sourcing Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software 130

Logistics Viewpoints

MARCH 15, 2024

Cargo volumes through the Suez and Panama canals have plunged by more than a third. Hundreds of vessels have diverted to longer routes, resulting in delivery delays, higher transportation costs and economic wreckage for local communities. One source said that the strategy could be announced Tuesday.

Expense Reduction 233

Expense Reduction Cost Reduction Strategies Price Reduction Negotiating Skills 233

Supply Chain Matters

AUGUST 23, 2023

percent of UPS union workers have now voted to ratify the newly negotiated five-year labor agreement. Added safety and health protections are also included that outline installation of vehicle air conditioning and cargo ventilation in all larger delivery vehicles, sprinter vans, and package cars purchased after Jan.

Negotiating Skills 52

Negotiating Skills Purchasing Training Purchasing Skills Buyer Training 52

ShipBob

SEPTEMBER 17, 2021

Calculating shipping costs is easy, right? If you’re a new ecommerce brand, you might think that your shipping costs always depends on the actual weight of the shipment. In this article, learn what billable weight is, how it’s calculated, and what you need to know to optimize shipping costs. .

Cost Reduction Strategies 52

Cost Reduction Strategies Expense Reduction Material Savings Price Reduction 52

ThroughPut

MAY 5, 2020

What is Supply chain costs? Supply chain costs are defined as costs that constitute a considerable percentage of the total sales price of a product or service. Manufacturers usually define supply chain costs using the total cost of ownership. Supply chain costs analysis.

Cost Reduction Strategies 64

Cost Reduction Strategies Manufacturing Procurement Inventory Reduction Negotiating Skills 64

Unleashed

JUNE 27, 2023

One wrong decision and freight costs can skyrocket, greatly impacting your profit margins. Freight forwarding is the facilitation of safe, cost-effective shipping of goods from one destination to another. Freight forwarders build a network of reliable carriers and negotiate freight charges on behalf of their customers.

Negotiating Skills 52

Negotiating Skills Freight Optimal Sourcing 3PL 52

ThroughPut

MAY 5, 2020

What is Supply chain costs? Supply chain costs are defined as costs that constitute a considerable percentage of the total sales price of a product or service. Manufacturers usually define supply chain costs using the total cost of ownership. Supply chain costs analysis.

Cost Reduction Strategies 52

Cost Reduction Strategies Manufacturing Procurement Inventory Reduction Negotiating Skills 52

ThroughPut

MAY 5, 2020

What is Supply chain costs? Supply chain costs are defined as costs that constitute a considerable percentage of the total sales price of a product or service. Manufacturers usually define supply chain costs using the total cost of ownership. Supply chain costs analysis.

Cost Reduction Strategies 52

Cost Reduction Strategies Manufacturing Procurement Inventory Reduction Negotiating Skills 52

Talking Logistics

JUNE 7, 2017

While the changing atmosphere of ocean carrier alliances for containerized cargo isn’t something new, it’s certainly top of mind for many shippers and carriers alike thanks to a tumultuous last few years. These alliances are: Source: Transplace. But why the need for alliances at all? Industry Woes: The Supply and Demand Imbalance.

Pricing Training 101

Pricing Training Negotiating Skills Purchasing Training Cost Reduction Strategies 101

DAT Solutions

AUGUST 31, 2017

Trucks can’t get in or out of Houston , which is a huge freight hub – it’s the number 1 source of loads for flatbeds, thanks to the oil and gas industry, and one of the top 5 or 6 markets for both van and reefer freight. Before the storm hit, total load posts on DAT load boards were up slightly compared to the previous week.

Freight 70

Freight Negotiating Skills Charlotte Memphis 70

Logistics Viewpoints

AUGUST 5, 2022

The company is relying on price increases to boost growth. Cargo begins clogging Port of Los Angeles amid railroad worker shortage. As a result, cargo is clogging the ports of Los Angeles amid a railroad worker shortage. As a result, cargo is clogging the ports of Los Angeles amid a railroad worker shortage.

Los Angeles 228

Los Angeles Logistics Network Optimization Software New Jersey Rhode Island 228

Elementum

AUGUST 22, 2016

The expanded canal, which started commercial operations on June 26, is expected to alleviate cargo bottleneck caused by smaller ships. expansion more than doubles the canal’s cargo capacity through a third lane that can accommodate ships carrying up to 14,000 containers, compared with the previous 5,000. East Coast.

Panama 60

Panama Shipping Negotiating Skills Industrial 60

6 River Systems

OCTOBER 12, 2020

Rising costs mean that companies must continue to innovate and implement strategies that can help reduce logistics costs and boost the bottom line. billion, while transportation costs increased by 10.4% trillion and motor carrier costs rose 10.1% billion, while transportation costs increased by 10.4%

Cost Reduction Strategies 98

Cost Reduction Strategies Expense Reduction Material Savings Inventory Reduction 98