The Logistics & Supply Chain Management Society

FEBRUARY 16, 2023

The Green Corridor: Digitise Wisely to Reduce Emissions by Timothy Foote , Founder of Susymbio Digitisation in the logistics and transportation industry produces efficiency gains for nearly all players in the economy today. That could mean increased prices for services in order to suppress demand and thus the number of kilometres flown.

Price Reduction 130

Price Reduction Supply Chain Planning Software Forecasting Software Sourcing Strategies 130

Logility

AUGUST 4, 2022

Much of the merchandise languishing aboard cargo ships stuck in ports around the world during the pandemic-fueled supply chain crisis has made it to store shelves. About 31% of grocery products consumers looked for were out of stock in the first week of April, according to Datasembly , a research firm that monitors grocery and retail pricing.

Price Reduction 130

Price Reduction Inventory Reduction Analysis Resource Reduction 130

Freightos

JANUARY 15, 2024

It may be off a lower-than-normal base price but for importers and exporters suffering from lower sales, it’s almost certainly troubling news. The decrease in logistics costs led 35% of importers to lower their product prices, possibly contributing to the easing of inflation rates.

Negotiating Skills 294

Negotiating Skills Optimal Sourcing Price Reduction Cost Reduction Strategies 294

ThroughPut

FEBRUARY 1, 2023

u can’t just turn around a giant cargo ship. companies with global operations, one of the most effective global value chain strategies and supply chain strategies is to mitigate risk by shipping smarter. Once the cargo has shipped, there is no “backsies.” And when shipping to volatile countries, it becomes even harder.

Material Savings 52

Material Savings Price Reduction Expense Reduction Sourcing Strategies 52

Freightos

OCTOBER 31, 2023

Visit our Resource Center Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) increased 4% to $1,564/FEU. Asia-US East Coast prices (FBX03 Weekly) climbed 3% to $2,213/FEU. Europe prices(FBX11 Weekly) increased 8% to $1,056/FEU. America weekly prices decreased 2% to $4.73/kg

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Zipline Logistics

APRIL 11, 2023

Cargo theft is surging across the United States — and food and beverage products seem to be the main targets. According to CNBC, this is a “sign of the economic times” and adding further pressure to already inflated prices. Use the most direct and safe route to their destination.

Cargo 81

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Talking Logistics

JULY 5, 2018

Develop a comprehensive truckload strategy so you’re prepared to handle just about anything. Building the right truckload strategy for your business. The key to a great truckload strategy is aligning capacity communities with attribute segments of your freight portfolio. Eliminate unnecessary empty miles and deadhead expenses.

Price Reduction 101

Price Reduction Expense Reduction Waste Reduction Cost Reduction Strategies 101

ToolsGroup

NOVEMBER 23, 2021

Much of the world is clamoring for finished products from their usual suppliers; but dwindling cargo space, skyrocketing transportation costs, and component delays make it difficult to keep shelves stocked. 7 practical strategies to minimize risk and manage supply chain shortages. Get your product portfolio in shape.

Supply Chain Planning Software 291

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Logistics Viewpoints

MAY 25, 2021

Including CO2 emissions as a key criterion for carrier selection and using logistics technology to reduce or eliminate empty miles are the biggest opportunities to make an immediate difference. In many organizations, freight shipping has become static: companies use air cargo because that’s what they’ve always done. In the U.S.,

Supply Chain Planning Software 321

Supply Chain Planning Software Sustainability Supply Chain Software Inventory Reduction 321

Intelligent Audit

DECEMBER 13, 2022

With old solutions quickly becoming obsolete, big-time transportation industry players like FedEx, USPS, and Amazon are eyeing new strategies to stay competitive in a difficult time for global logistics. To attract customers amid falling freight volumes, megacarrier FedEx is introducing a space-and- pace pricing program for select customers.

Price Reduction 52

Price Reduction Waste Reduction Cost Reduction Strategies Inventory Reduction 52

Freightos

DECEMBER 2, 2021

When ocean container rates spike, so do the prices we pay. Starting in July 2020, the impact of this trend became obvious when ocean freight prices shot up, and have continued rising. You might remember the toilet paper and PPE shortage during this time period.

Price Reduction 177

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Freightos

SEPTEMBER 20, 2023

Visit our Resource Center Weekly highlights Ocean rates – Freightos Baltic Index : Asia-US West Coast prices (FBX01 Weekly) decreased 1% to $1,866/FEU. Asia-US East Coast prices (FBX03 Weekly) fell 5% to $2,884/FEU. Europe prices (FBX11 Weekly) fell 6% to $1,517/FEU. America weekly prices decreased 11% to $4.25/kg

Price Reduction 177

Price Reduction Resource Reduction Asia Cost Reduction Strategies 177

Logistics Viewpoints

DECEMBER 15, 2023

UPS had hiked its levy 50 basis points to 15.25% but will reduce them to 15% effective this Monday. The carriers’ levies are based on the on-highway diesel prices set each week by the Department of Energy’s Energy Information Administration. FedEx Ground adjusts its surcharges for every 9 cents-a-gallon move in the EIA diesel price.

Logistics Network Optimization Software 283

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Freightos

SEPTEMBER 6, 2023

Visit our Resource Center Weekly highlights Ocean rates – Freightos Baltic Index : Asia-US West Coast prices (FBX01 Weekly) decreased 5% to $1,927/FEU. Asia-US East Coast prices (FBX03 Weekly) were level at $3,079/FEU. Europe prices (FBX11 Weekly) were level at $1,744/FEU. America weekly prices increased 14% to $4.59/kg

Negotiating Skills 249

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Supply Chain Game Changer

MARCH 26, 2021

5 Insights for Managing Your Fleet Strategy! If an organization finds a way to reduce operational costs, it can lead to savings that apply directly to the bottom line. Here are 5 ways that a company can reduce operational expenses for fleet management. Email Address. Subscribe to Supply Chain Game Changer.

Cost Reduction Strategies 98

Cost Reduction Strategies Expense Reduction Resource Reduction Price Reduction 98

The Logistics & Supply Chain Management Society

AUGUST 14, 2023

In this article, we explore the pros and cons of the alliance model in the shipping industry, compare the solo strategy versus alliance strategy, and provide tips on how shippers can prepare for market swings. When the 2M Alliance is disbanded, it will lead to changes in shipping routes, service frequency, and pricing.

Risk Management 130

Risk Management Negotiating Skills Vendor Strategies Resource Reduction 130

Logistics Viewpoints

FEBRUARY 17, 2023

The initiative involves placing RFID tags on packages and wearable devices on employees to eliminate manual scans, reduce misloads, and accelerate parcel throughput in the delivery giant’s warehouses. Last year’s negotiations took place as dozens of container ships were backed up off the coast of California waiting to unload cargo.

Logistics Network Optimization Software 202

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Logistics Viewpoints

MAY 26, 2023

Target’s inventories at the end of the last quarter were 16 percent lower than the same period a year ago and Walmart cut inventories in its U.S. Over the years, Amazon’s strategy to tackle counterfeit goods focused on providing data to law enforcement and taking aggressive enforcement actions against counterfeit sellers.

Negotiating Skills 203

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Freightos

OCTOBER 18, 2017

What’s Holding Back Customer-Centric Air Cargo? . As the cream of air cargo’s innovators held turns on the floor, this question came up time and again. The industry’s mindset is holding customer-centric air cargo back. That was my big take from Elevate , presented by Air Cargo World earlier this month.

Cargo 125

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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 252

Prescriptive Analytics Software Logistics Network Optimization Software Supply Chain Software Logistics 252

4WL Consulting

MARCH 31, 2016

Do you understand LTL “Blanket” pricing and how it’s used by 3PL’s? The concept of “Blanket” pricing provides valuable insight into the relationship between 3PLs and carriers. As a shipper, this knowledge can be the key to receiving better pricing and service – but more on these benefits later. How does “Blanket” pricing work?

Price Reduction 100

Price Reduction Cost Reduction Strategies Supply Chain Strategy Strategy 100

Logistics Viewpoints

DECEMBER 7, 2021

The unprecedented cargo logjams off the southern California coast wreaking havoc on supply chains show no signs of waning. Carrier capacity management strategies ease the crunch. Proactive shippers have used multi-carrier parcel shipping technologies and strategies to navigate rising carrier costs for years.

Capacity 192

Capacity Price Reduction Cost Reduction Strategies Inventory Reduction 192

The Logistics & Supply Chain Management Society

JULY 16, 2023

It appears that operational and procurement risks for beneficial cargo owners or shippers, in the short term, are minimal. Our approach to freight procurement would also require a revisit as part of a risk management strategy. Gone are the days of a traditional global RFQ that is done yearly with a given set of partners.

Risk Management 130

Risk Management Global Price Reduction Inventory Reduction 130

SCMDOJO

APRIL 15, 2024

Amazon’s Mission Its unwavering commitment to customer satisfaction is at the heart of Amazon’s logistics strategy. Business Solutions: Amazon Business – Marketplace offering tailored products and tools for businesses, including bulk purchasing and business pricing.

Logistics Network Optimization Software 71

Logistics Network Optimization Software Inventory Reduction Sourcing Strategies Inventory Management Software 71

Freightos

JUNE 15, 2021

You’ve seen the Suez Canal memes, you know furniture is taking way longer than usual to get to your door, and you may have even heard about Pelotons shipped by air to reduce delivery times. A third of all cargo is carried in passenger planes. So to meet capacity, airlines started to convert passenger planes into cargo planes at scale.

Global 398

Global Supply Chain Price Reduction Supply and Demand 398

Logistics Viewpoints

JANUARY 26, 2024

The shift marks a return to the “just-in-time” inventory management strategy many companies had employed before pandemic-driven product shortages and volatile shifts in consumer demand prompted a switch to a “just-in-case” stockpiling approach. Several cargo vessels were struck by missiles or drones during the past week.

Logistics Network Optimization Software 233

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The Logistics of Logistics

SEPTEMBER 11, 2023

With over 30 years in sales and marketing, he has led the success of such cutting-edge start-up companies as Tive, Coveo (TSE: CVO), FAST (MSFT) and StreamServe (OpenText). The platform boasts a network of over 15,000 vetted drivers who own and operate their own vehicles, utilizing their time and excess cargo capacity to earn extra income.

Negotiating Skills 264

Negotiating Skills Pricing Training Logistics Network Optimization Software Purchasing Training 264

Freightos

JANUARY 12, 2017

Air cargo is used by global importers and exporters when they need to get goods somewhere rapidly and reliably. While 90% of everything is shipped by ocean, air connects the world faster, cutting China-US freight shipping time from 20-30 days by ocean to only 3 days by air cargo. Why Ship Cargo by Air?

Purchasing Skills 120

Purchasing Skills Pricing Training Price Reduction Freight 120

Freightos

AUGUST 29, 2019

In their words: “freight made personal” waves proudly on Air France KLM Martinair Cargo ’s banner. “We Today’s air cargo customers want a quick and fully-digitized sales experience with extensive, agile self-service options”, United Cargo ’s President upon signing up with WebCargo. Firstly, automation reduces error.

Logistics Network Optimization Software 202

Logistics Network Optimization Software Real-time Visibility Price Reduction Cost Reduction Strategies 202

Freightos

NOVEMBER 11, 2021

Maersk has unabashedly championed vertical integration for years, advocating an “end-to-end” strategy. On the horizontal carrier integration front, Maersk has doubled down on its extension from ocean consolidation (Hamburg Sud, 2017) to air cargo, increasing Maersk Air by 33% with three leased cargo planes and two new Boeing purchases.

Price Reduction 177

Price Reduction Logistics Network Optimization Software Cost Reduction Strategies Expense Reduction 177

Enterra Insights

AUGUST 16, 2022

For that reason, retailers continue to look for innovative ways to reduce costs. The customer’s expectation is that products [will be] delivered accurately and quickly, at a low price, and in perfect condition.”[3] To address this challenge, Switzerland is developing an autonomous underground cargo system.

Innovation 130

Innovation Supply Chain Planning Software Waste Reduction Supply and Demand 130

Enterra Insights

AUGUST 16, 2022

For that reason, retailers continue to look for innovative ways to reduce costs. The customer’s expectation is that products [will be] delivered accurately and quickly, at a low price, and in perfect condition.”[3] To address this challenge, Switzerland is developing an autonomous underground cargo system.

Innovation 130

Innovation Supply Chain Planning Software Waste Reduction Supply and Demand 130

Logistics Viewpoints

APRIL 22, 2021

alternate sourcing strategies), while others are potentially negative (e.g. I often say “speed in the new cheap” but there is a price to pay for that speed, and that price is often paid by the environment without us being aware. From that perspective some changes have been clearly positive (e.g.

Supply Chain Disruption 327

Supply Chain Disruption Supply Chain Planning Software Supply Chain Software Sustainability 327

Logistics Viewpoints

JANUARY 26, 2021

Fifty-two percent of respondents are working on individual digital projects but lack an overarching strategy that links all these efforts. According to a Forbes article, BD managed a number of disruptions seamlessly , including a rudder problem with a cargo ship that resulted in 28 BD containers being thrown overboard.

Agile and Lean Supply Chain 268

Agile and Lean Supply Chain Supply Chain Software Supply Chain Planning Software Supply Chain Strategy 268

Freightos

OCTOBER 25, 2023

Visit our Resource Center Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) decreased 3% to $1,499/FEU. Asia-US East Coast prices (FBX03 Weekly) fell 4% to $2,141/FEU. Europe prices (FBX11 Weekly) increased 3% to $978/FEU. America weekly prices were level at $4.80/kg

Asia 177

Asia Europe Price Reduction Freight 177

Locus

JULY 24, 2023

the cut-throat era of next-day deliveries, FTL offers the fastest transit times:a seamless journey from A to B with no detours or delays. It allows for fewer handling instances, reducing the risk of damages. Think of it as carpooling for cargo – you share the ride, and so you share the costs. No sharing.

Optimal Sourcing 52

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Freightos

APRIL 6, 2020

Meanwhile, massive passenger airline restrictions dramatically reduced air cargo capacity, sending rates through the roof. It’s been clear to us that global trade needs to rely on digital pricing, quoting, and booking to keep up with an already agile environment. Ports open and close. Which is where the Freightos Group comes in.

Logistics Network Optimization Software 212

Logistics Network Optimization Software Company Logistics Price Reduction 212