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Editor’s Pick: 4 Factors to Help Negotiate Better Ocean Shipping Contracts This Year

Talking Logistics

Note: Today’s post is part of our “ Editor’s Pick ” series where we highlight recent posts published by our sponsors that provide practical knowledge and advice on timely and important supply chain and logistics topics. The 2017-18 ocean shipping contract season is underway. The Hanjin impact. Read more at C.H.

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5 Things to Know Before Negotiating Ocean Shipping Contracts This Year

Talking Logistics

The 2018-19 contract season for ocean shipping is here, and it’s time to think about the best way to approach negotiations. Of course, you want to control costs, consider options, and mitigate risks, but it will also be important to keep these five factors in mind as you talk to ocean service providers about the year ahead.

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5 Reasons why eAuctions Drive Better Savings

SCMDOJO

Procurement specialists can use eAuctions to engage and negotiate with more vendors utilizing an organized approach which thus eliminates any need for cumbersome one-on-one meetings. Digital bidding, or eAuctions, are a more efficient way of negotiating with vendors in the international market.

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Ocean Risk Management part 2: Navigating Global Shipping Alliance

The Logistics & Supply Chain Management Society

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.

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Quantum Leap to the Top 10 Supply Chain Skills of the Future!

Supply Chain Game Changer

Without their skills these technologies would not advance. Implications for the Skills Needed in Supply Chain! All of these capabilities, and more, will result in a migration of Supply Chain activities away from more manual, transactional tasks to more Strategic, higher level tasks. The New Digital Environment!

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When The Wheels Fall Off

Supply Chain Shaman

In 2017, when I moved, I bought an old car. When the repair estimate was 5X the cost of the car, I wrote the dealer a check and drove off in a 2019 Lincoln Nautilus with 4,200 miles. For example, Distribution Requirements Planning (DRP) has very little to do with Transportation Planning (TMS). Transportation Reliability.

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This Week in Logistics News (March 23 – 29)

Logistics Viewpoints

million vehicles cross the bridge annually, or about 30,000 per day, according to the Maryland Department of Transportation. House of Representatives vote to pass an act that would increase transparency in ocean shipping capacity and prices, sending the legislation to the U.S. The Arkansas Department of Transportation expects 1.5