ToolsGroup

APRIL 1, 2022

How the War in Ukraine is Impacting the Supply Chain and Raw Material Prices. Increased Prices Resulting from Shortages and Supply Chain Issues. 82% of people have concerns that the supply chain will ruin life plans, such as birthdays, vacations, holidays, and the purchasing of necessary items. Chain Store Age ). Accenture ).

Material Savings 207

Material Savings Purchasing Skills Supply Chain Planning Software Manufacturing Procurement 207

Logistics Viewpoints

JANUARY 21, 2022

Five major UK supermarkets are set to trial age estimation technology to accurately guess customers’ ages when purchasing alcohol. And now on to this week’s logistics news. Shippers struggle as ocean freight rates soar. The service is opt-in, and the pictures will be deleted immediately after check-out.

Logistics Network Optimization Software 190

Logistics Network Optimization Software Supply Chain Design Software Rail Software Supply Chain Planning Software 190

Logistics Bureau

MAY 8, 2023

Is your company one of the many that take a minimalist approach to freight management? Yes… I did say minimalist, not lean. When I say minimalist, I’m talking about the many companies which, while reliant on freight to keep supplies coming in and products going out, don’t see freight management as a core competency.

Negotiating Skills 52

Negotiating Skills Cost Reduction Strategies Freight Resource Reduction 52

Logistics Viewpoints

SEPTEMBER 1, 2023

And when I think of going back to school, I think of a rite of passage that most kids enjoyed: watching the Price is Right on a sick day. Earlier this week, longtime host of the Price is Right, Bob Barker, passed away at the age of 99. Those negotiations resulted in a tentative agreement that is now undergoing a ratification vote.

Logistics Network Optimization Software 223

Logistics Network Optimization Software Pricing Training Los Angeles Purchasing Training 223

6 River Systems

OCTOBER 12, 2020

According to the 30th Annual State of Logistics Report by the Council of Supply Chain Management Professionals (CSCMP), companies spent $1.64 trillion on logistics and transportation services in the United States in 2018, an increase of 11.4% Overall, logistics spending in 2018 reached 8% of U.S.

Cost Reduction Strategies 98

Cost Reduction Strategies Expense Reduction Material Savings Inventory Reduction 98

Supply Chain Game Changer

AUGUST 21, 2022

A solid supply chain and logistics strategy is essential for large companies. Using a logistics-oriented strategy helps companies better understand their suppliers, improve customer service, and optimize shipping. Logistics plays a critical role in a company’s supply chain. Another important aspect of logistics is time.

Inventory Reduction 104

Inventory Reduction Price Reduction Cost Reduction Strategies Material Savings 104

Talking Logistics

OCTOBER 29, 2013

You could answer them with a purchase order (P.O.) 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. management and related logistics objectives.

Pricing Training 147

Pricing Training Purchasing Skills Purchasing Training Negotiating Skills 147

Freight Plus

DECEMBER 5, 2018

It’s a fact: shippers who have been playing the spot rate market in 2018 have been paying more for freight than at any time in 2017. Unlike in previous years, where competition to fill space drove a shipper's market, in 2018 demand is exceeding supply which has shifted the balance of pricing power. Cass Freight Index.

Price Reduction 40

Price Reduction Cost Reduction Strategies Inventory Reduction Negotiating Skills 40

Freight Plus

NOVEMBER 19, 2018

Unlike general commodity shipments, furniture requires specialized carriers that not only have trucks equipped to handle your loads but also staff trained to safely move them. After all, you want a carrier who is dependable, consistent, reliable, and will deliver your products intact for a great price. Listen to this article. ).

Pricing Training 40

Pricing Training Negotiating Skills Negotiate Pricing Purchasing Training 40

Intelligent Audit

JANUARY 18, 2022

Actionable analytics and meaningful logistics intelligence are essential elements in freight. Since logistics intelligence sources data directly from freight systems in real-time, filling in the gap between your real-world logistics and your supply chain management strategies, it becomes easier to use that information strategically.

Analytics Software 52

Analytics Software Supply Chain Planning Software Supply Chain Design Software Procurement Analytics 52

Supply Chain Matters

JUNE 23, 2023

This week, the Council of Supply Chain Management Professionals (CSCMP) , with sponsors Penske Logistics and consulting firm Kearney , released the 34th Annual State of Logistics Report to organization members and the industry as a whole. Business Logistics Costs (BLC) were reported to be 9.1 All of above stated, U.S.

Procurement Analytics 40

Procurement Analytics Report Negotiating Skills Purchasing Skills 40

Talking Logistics

FEBRUARY 13, 2015

XPO Logistics Expands Last Mile Services with Acquisition of UX Specialized Logistics. December 2014 Freight Transportation Services Index (TSI). Transportation Department pushes tough oil train standards – sources (Reuters). Seems like XPO is betting on it, and buying itself marketshare. million and $8.2

Logistics Network Optimization Software 100

Logistics Network Optimization Software Logistics Supply Chain Planning Software Modeling Software 100

Intelligent Audit

OCTOBER 10, 2022

As the logistics industry continues to recover from pandemic-era supply chain disruptions, shippers are adjusting quickly to the expectations of a new normal. Falling ocean rates and volatile fuel costs have logistics professionals across the supply chain searching for innovative efficiency solutions throughout their operations.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Cost Reduction Strategies Price Reduction Supply Chain Planning Software 52

GlobalTranz

APRIL 26, 2016

Editor's Note: This is a guest blog from Freightos , is a SaaS-enabled marketplace for the logistics industry. The Freightos System is SaaS for freight contract management, automatic price quotations, and business intelligence. First use of a modern container for ocean freight. It wasn’t just about freight.

Shipping 120

Shipping Logistics Network Optimization Software Supply Chain Design Software Modeling Software 120

Supply Chain Game Changer

MARCH 26, 2021

As a company grows, logistics become increasingly bigger and more complex. More often than not, the software can also be used for managing spare parts inventory, mechanic training purposes, and most importantly, creating and managing routine maintenance schedules. Implement Effective Maintenance Management Software.

Cost Reduction Strategies 98

Cost Reduction Strategies Expense Reduction Resource Reduction Price Reduction 98

Talking Logistics

MAY 6, 2016

Another busy week, so let’s go straight to the supply chain and logistics news that caught my attention, headlined by a major acquisition in the transportation management systems (TMS) market: Kewill Announces Acquisition of LeanLogistics. Amazon partners with Atlas Air Worldwide for cargo services (MarketWatch).

Logistics Network Optimization Software 0

Logistics Network Optimization Software Supply Chain Design Software Supply Chain Planning Software Supply Chain Network Software 0

The Logistics & Supply Chain Management Society

MARCH 16, 2021

An indication for this belief is the level of fundraising reached by digital players like Flock Freight, a trucking platform and project44, a supply chain visibility platform, which reached US$113.5 Also to note that some technological solutions failed us, as they never have been tested or trained in such a highly volatile environment.

Supply Chain Design Software 257

Supply Chain Design Software Supply Chain Software Supply Chain Network Software Modeling Software 257

Cathy Roberson

SEPTEMBER 15, 2022

Much has already been written on the potential financial impact of a strike such as higher food prices. According to the Association of American Railroads (AAR), the estimated cost of a nationwide freight railroad shutdown is more than $2 billion a day. Yesterday, Sept 14, the National Retail Association issued a statement.

Purchasing Skills 52

Purchasing Skills Pricing Training Procurement Analytics Purchasing Training 52

Logistics Bureau

SEPTEMBER 19, 2016

How close is it to significantly disrupting logistics? Walmart is using Uber itself to “uberise” its home delivery network, but logistics operators could become “Ubers” in their own right, offering no-strings, one-off, whenever and wherever logistics services. The same argument might extend to logistics in general.

Logistics Network Optimization Software 40

Logistics Network Optimization Software Negotiating Skills Buyer Training Pricing Training 40

Ware2Go

OCTOBER 14, 2021

Since the pandemic started to wane, Americans have been on an extraordinary buying spree. The US is facing a shortage of warehouse space and truck drivers , and shifting to 24/7 operation will require enormous co-ordination between the publicly operated ports and private sector groups, including large retailers and freight companies.

Los Angeles 52

Los Angeles Long Beach Supply Chain Design Software Gartner 52

Supply Chain Opz

NOVEMBER 9, 2014

However, commonly used KPIs used by supply chain executives are usually focused on logistics performance (e.g., 10) Dominique Billès , Supply Chain Director at European Independent Purchasing Company Limited (EIPC) There are several measures a company can take to improve operational efficiency in a supply chain.

Waste Reduction 274

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

Veridian Solutions

DECEMBER 18, 2019

In addition, leaders need to be forward-thinking in predicting what may occur, and how those factors will influence purchasing decisions. Rogers goes on to say, “It is important for logistics services providers, freight forwarders, and ocean cargo carriers…to be ready for an early Peak Season, but it may be one that does not come.

Supply Chain Planning Software 65

Supply Chain Planning Software Inventory Reduction Resource Reduction Cost Reduction Strategies 65

DAT Solutions

MAY 18, 2018

We often explain that freight rates in DAT RateView are based on $45 billion worth of actual freight payments per year, on 65,000 point-to-point lanes. RateView is Supported by Decades of Experience as a Pricing Analyst. I only wish this product had existed when I was a pricing analyst! But what does that mean?

Pricing Training 79

Pricing Training Negotiating Skills Freight Purchasing Training 79

Freightera

APRIL 22, 2024

To understand why freight shipping is so expensive, we have to dive into the intricacies of freight pricing , as well as the operational costs faced by freight carriers. How Freight Pricing is Determined First, let’s look at freight pricing and how it’s determined. option will be rail shipping.

Shipping 41

Shipping Purchasing Skills Pricing Training Freight 41

6 River Systems

OCTOBER 14, 2022

This guide will primarily look at fulfillment through the e-commerce lens and deal mostly with third-party logistics (3PL) fulfillment methodologies. It all centers on customer service — you have a customer online who decided to buy something your business makes or sells. Even on the dock, the freight is never not in transit.

Inventory Reduction 52

Inventory Reduction Cost Reduction Strategies Expense Reduction Material Savings 52

Freightos

APRIL 17, 2016

Logistics Technology Updates: Q1 2016. Brought to you by Freightos , the Internet marketplace of the trillion dollar international freight industry. Overview | Industry Research | Tech Giants | Logistics | On-Demand | On-Demand Food. Dropping logistics sector profitability. The Big Picture. Freightos Industry Research.

Logistics Network Optimization Software 120

Logistics Network Optimization Software Demand Planning Software Supply Chain Network Software Logistics 120

6 River Systems

DECEMBER 13, 2019

What’s more, the company reduced new hire training time by 10 days. It pays to have connections with multiple providers, so you can offer your customers the best price on a variety of shipping speeds. Train your staff on how to handle different materials, tools and equipment. Know your staffing requirements.

Optimal Sourcing 81

Optimal Sourcing Optimization Software Price Mitigation Strategies Modeling 81

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. To understand these partnerships, it’s important to know the three ways that ocean carriers (i.e. back to Asia).

Pricing Training 102

Pricing Training Negotiating Skills Purchasing Training Cost Reduction Strategies 102