GlobalTranz

MAY 13, 2020

Editor’s Note: This is a guest article from Laura Jelen with negotiations.com who discusses some useful tips on how companies can negotiate freight rates a bit better. Shipping costs are a significant part of the supply chain expense.

Negotiating Skills 320

Negotiating Skills Freight How To Expense Reduction 320

The Logistics & Supply Chain Management Society

APRIL 12, 2021

So when it comes to the logistics industry, will companies and managers forget about climate change and carbon reduction targets in favor of making short-term profits? According to CNBC, the largest carbon reduction achieved over this past year came from the decline in personal vehicle and commercial air traffic. I think not!

Expense Reduction 217

Expense Reduction Cost Reduction Strategies Sustainability Logistics Network Optimization Software 217

4WL Consulting

MAY 5, 2015

Sometimes I think I’m Going Crazy Shipping freight is critical to your business and you should not be surprised that freight and logistics costs could be one of the largest expenses for your business, as they are for most companies. Now you just need to decide if it makes sense for you to implement the ideas suggested to you.

Cost Reduction Strategies 100

Cost Reduction Strategies Expense Reduction Resource Reduction Freight 100

Talking Logistics

JULY 5, 2018

Because in supply chains, surprises tend to mean wasted time and added expense. Develop a comprehensive truckload strategy so you’re prepared to handle just about anything. Building the right truckload strategy for your business. Your first objective is to segment your freight by some primary attributes.

Price Reduction 101

Price Reduction Expense Reduction Waste Reduction Cost Reduction Strategies 101

Unleashed

OCTOBER 4, 2023

Some of the main steps involved in the order fulfilment process include: Inventory management Picking and packing Tracking and communication Shipping and delivery Customer service Returns management Fulfilment costs can represent up to 30% of an eCommerce company’s total operating expenses.

Inventory Reduction 52

Inventory Reduction Sourcing Strategies Resource Reduction Cost Reduction Strategies 52

The Logistics of Logistics

APRIL 24, 2023

Nick Dangles and Joe Lynch discuss winning in a down freight market. Nick is a tenured veteran of full truckload freight brokerage who has firsthand knowledge of technology’s power in the freight industry. About Kinetic Kinetic helps freight tech companies get their products to market faster and with better adoption.

Negotiating Skills 228

Negotiating Skills Logistics Network Optimization Software Supply Chain Design Software Pricing Training 228

The Logistics of Logistics

JANUARY 26, 2024

With a wealth of experience partnering with industry giants like Procter & Gamble, Unilever, Nestle, and Kimberly-Clark, Tom has been instrumental in developing cutting-edge solutions for warehousing, truck loading, and planning optimization. Imagine millions back in your pocket, ready to fuel further growth.

Optimization Software 220

Optimization Software Supply Chain Optimization Network Optimization Supply Chain Planning Software 220

Ware2Go

JANUARY 10, 2022

Should you change your supply chain procurement strategy in light of continuing supply chain disruptions? The 2021 holiday shopping season was characterized by high freight rates, elevated lead times , and over-crowded warehouses. Supply chain procurement strategies had long been favoring Just in Time procurement.

Inventory Reduction 52

Inventory Reduction Cost Reduction Strategies Expense Reduction Price Reduction 52

Freightos

MAY 23, 2024

And when rates plummeted in early 2023, carriers saw importers no-show on their volume commitments in favor of the less-expensive spot market. Here, again, ocean freight is looking to examples from other industries for tested solutions to recurring problems. But this problem isn’t new.

Innovation 195

Innovation Industrial Industry Logistics Network Optimization Software 195

Supply Chain Game Changer

SEPTEMBER 23, 2022

This article provides seven effective strategies to optimize your distribution center. A well-designed warehouse layout creates more efficient access to stored items and reduces shipping. You can develop better product quality, reduce turnover, and improve client satisfaction. Change Distribution Center Layout. Improve Labeling.

Inventory Reduction 52

Inventory Reduction Waste Reduction Expense Reduction Cost Reduction Strategies 52

Intelligent Audit

JANUARY 6, 2022

As a result, the small retail e-commerce strategy needs to evolve. An effective small retail e-commerce strategy must begin with flexible and diverse payment and shipping options. Another facet of an effective small retail e-commerce strategy is easier to understand and revolves around loyalty programs.

Vendor Strategies 52

Vendor Strategies Cost Reduction Strategies Expense Reduction Price Mitigation Strategies 52

The Logistics of Logistics

FEBRUARY 12, 2021

Predict and Prevent Freight Damage with Ilya Preston. Ilya Preston and Joe Lynch discuss ways to predict and prevent freight damage. Freight damage is not only expensive and upsetting to customers, but it is also ridiculously hard to figure out where, when, and how it occurred. About PAXAFE. Ilya Preston.

Predictive Analytics Software 130

Predictive Analytics Software Freight Expense Reduction Logistics Network Optimization Software 130

Freightos

APRIL 27, 2023

In this article, Eytan Buchman, Freightos’ CMO, discusses the importance of data and context in global freight and logistics. The future of global freight data lies in real-time information, contextual insights, and aggregated data that can help companies make better decisions and adapt to a rapidly changing industry.

Freight 156

Freight Data Prescriptive Analytics Software Negotiating Skills 156

CH Robinson Transportfolio

OCTOBER 28, 2021

Our industry is facing unprecedented circumstances – shipping volumes are on the rise, but there’s a shortage of carriers to provide enough capacity for planned and unplanned freight demands. How can, therefore, shippers increase the efficiency of their LTL shipping operations while cutting down on costs and retaining their competitive edge?

Cost Reduction Strategies 68

Cost Reduction Strategies Expense Reduction Supply Chain Planning Software Europe 68

DAT Solutions

APRIL 3, 2017

What does that mean for freight brokers? Transportation intermediaries appear to have it easier: matching accounts receivable to payables and operating expenses. Let’s review four accounts receivable (A/R) financing options, from most to least expensive, highlighting a few pros and cons. The golden rule. But, maybe not.

Expense Reduction 70

Expense Reduction Price Reduction Cost Reduction Strategies Vendor Strategies 70

Intelligent Audit

APRIL 18, 2022

Even with the best network optimization, the modern supply chain network is still challenging for shipping companies struggling with freight audit systems. Companies must explore every possible avenue for improving profitability, reducing expenses, and maximizing savings in the current market.

Expense Reduction 52

Expense Reduction Cost Reduction Strategies Resource Reduction Freight 52

AIMMS

OCTOBER 17, 2023

Understand the ROI of a decarbonized supply chain Before looking into funding, understand the return on investment (ROI) that decarbonization offers: Cost Savings: Improved energy efficiency and waste reduction can lead to significant cost savings eventually. Localize Suppliers: This can reduce transportation emissions and costs.

Optimal Sourcing 156

Optimal Sourcing Supply Chain Planning Software Modeling Waste Reduction 156

BR Williams Supply Chain Management

MAY 27, 2022

Improving efficiency can mean getting products into the hands of consumers faster, cutting shipping costs, and reducing labor costs – or a combination of all three. Transloading) strategy from a cross-docking service may be the perfect solution for your needs. Reduced costs and time savings. Wins all around!

Inventory Reduction 98

Inventory Reduction Cost Reduction Strategies Expense Reduction Modeling 98

ThroughPut

FEBRUARY 1, 2023

companies with global operations, one of the most effective global value chain strategies and supply chain strategies is to mitigate risk by shipping smarter. Everything from custom duties to cargo inspections can create bottleneck operations within the global supply chain strategies. In the current political climate, U.S.

Material Savings 52

Material Savings Price Reduction Expense Reduction Sourcing Strategies 52

Supply Chain Game Changer

NOVEMBER 26, 2018

In going door to door trying to sell a Freight Management service, as well as in my experience working in companies, I have had the opportunity to see a variety of ways in which companies, large and small, were managing their Freight and Logistics spend. Freight and Logistics. You must manage Freight and Logistics.

Cost Reduction Strategies 68

Cost Reduction Strategies Waste Reduction Expense Reduction Resource Reduction 68

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. And unexpected breakdowns are very expensive. Email Address.

Cost Reduction Strategies 98

Cost Reduction Strategies Expense Reduction Resource Reduction Price Reduction 98

Logility

OCTOBER 19, 2023

In addition, a considerable portion of freight transportation expenses continues to soar as diesel fuel costs surge by 20% year over year. In doing so, organizations will reduce costs, optimize operational efficiency, promote sustainable practices, and ultimately contribute to bottom-line improvements.

Network Optimization Software 130

Network Optimization Software Modeling Network Optimization Supply Chain Optimization 130

Ware2Go

JUNE 20, 2023

See the latest insights on ocean freight rates and other trends that fast-growing businesses should know about to plan for 2023 peak season. In this article: Ocean Freight: Key Stats & Industry News Ocean Freight Shipping: What to Watch For In 2023 Freight Shipping From China & Alternatives What Are The Current Ocean Freight Rates?

Negotiating Skills 98

Negotiating Skills Supply Chain Planning Software Supply Chain Planning Freight 98

GlobalTranz

SEPTEMBER 26, 2018

According to Logistics Management, more parcel carriers are moving heavier parcel shipments to less-than-truckload freight in e-commerce because they’re overwhelmed. This creates a wonderful opportunity for shippers to eliminate the middleman costs by considering the use of less-than-truckload freight options for e-commerce.

Shipping 168

Shipping Cost Reduction Strategies Expense Reduction Resource Reduction 168

ToolsGroup

JANUARY 7, 2020

I think it’s time we started spreading the good news: when you harness demand and inventory planning to slash unnecessary expenses and improve service to customers, you also reduce waste and support sustainability. Having the right inventory in the right location brings a variety of waste-reduction benefits.

Inventory Reduction 194

Inventory Reduction Supply Chain Planning Software Waste Reduction Vendor Strategies 194

Logistics Viewpoints

JANUARY 21, 2021

Increased lead time accuracy reduces risks involved in transportation and logistics, improving your overall supply chain. It allows shippers to reduce their operating costs, optimize capital, allocate resources more efficiently, and can lead to higher customer satisfaction, increased revenues, and even improve their competitive advantage.

Predictive Analytics Software 348

Predictive Analytics Software Logistics Network Optimization Software Modeling Inventory Reduction 348

Zipline Logistics

APRIL 4, 2023

Freight Market California’s AB5 AB5 has the potential to destabilize the trucking market in California, which can create a variety of issues for shippers moving freight in and out of the state. Large impacts on the freight market remain to be seen. CNN continues to provide real-time war coverage here.

Freight 76

Freight Price Reduction Expense Reduction Cost Reduction Strategies 76

GlobalTranz

APRIL 25, 2017

The concept of actionable intelligence is about using technology and software to ensure company goals reflect industry strategy and demands. Furthermore, system integration brings disjointed systems together, allowing for better communication, added expenses and reduction of backlogs. Why Work With a 3PL?

Cost Reduction Strategies 156

Cost Reduction Strategies Resource Reduction Vendor Strategies Expense Reduction 156

Supply Chain Game Changer

DECEMBER 17, 2020

What’s the Difference Between Freight Management and Logistics Management? Freight Management services article and permission to publish here provided by Saheer Gurjot. According to Steele’s Transportation Group , freight management services help companies more efficiently move freight from one point to an end destination.

Logistics Network Optimization Software 78

Logistics Network Optimization Software Freight Expense Reduction Cost Reduction Strategies 78

GlobalTranz

OCTOBER 29, 2018

Less-than-truckload (LTL) freight is in the midst of a boom. The state of LTL freight offers a grand opportunity to overcome the significant obstacles created through economic growth, e-commerce, and global markets. Expected increases in LTL freight costs. Driver turnover and how LTL can reduce it. Trends affecting LTL.

Freight 186

Freight Supply Chain Design Software Supply Chain Planning Software Price Reduction 186

Intelligent Audit

MAY 26, 2022

In an industry that has become so essential and dominant, it would make sense to assume all carriers and truckers follow a shipping freight costs standard for bill payment. However, there is no all-encompassing standard; freight costs can vary significantly based on several factors. What Affects Shipping Freight Costs ?

Cost Reduction Strategies 52

Cost Reduction Strategies Expense Reduction Freight Supply Chain Software 52

The Logistics of Logistics

NOVEMBER 9, 2022

Oren is the Founder and CEO of Flock Freight , a Certified B Corporation that’s been reinventing freight shipping since 2015. Raised by parents who worked for a van line and later started their own freight forwarders, Oren has deep-seated roots in logistics and entrepreneurship. About Flock Freight. and Canada.

Waste Reduction 205

Waste Reduction Expense Reduction Logistics Network Optimization Software Cost Reduction Strategies 205

Talking Logistics

AUGUST 13, 2018

Companies across all industries are dealing with rising transportation costs and a key question many CEOs, CFOs, and supply chain executives are asking is, “What can we do to better manage and control our freight spend in today’s market?” Rising Freight Spend . So, what can you do outside that cycle?”.

Negotiating Skills 103

Negotiating Skills Optimal Sourcing Optimization Software Price Mitigation Strategies 103

GlobalTranz

OCTOBER 15, 2018

For shippers, the best way to handle the e-commerce logistics surge lies in e-commerce freight consolidation and deconsolidation. E-Commerce Growth Is Incompatible With Stagnate Freight Shipping Strategies E-commerce growth can boggle the mind. Lowered fuel costs and reduced diesel emissions. Get your free white paper.

Freight 120

Freight Logistics Network Optimization Software Cost Reduction Strategies Expense Reduction 120

Veridian Solutions

JANUARY 29, 2020

Knowing that your distribution fulfillment strategy is working gives you a better insight into how your business is performing. This is important for reducing order fulfillment errors, improving your inventory management and remaining competitive. Signs That You Might Need a New Fulfillment Strategy. Higher freight spend.

Inventory Reduction 58

Inventory Reduction Expense Reduction Cost Reduction Strategies Material Savings 58

Freightos

DECEMBER 2, 2021

You might not think about shipping containers and ocean freight when you click “buy” on your Amazon order, but there’s a direct connection between the two. Starting in July 2020, the impact of this trend became obvious when ocean freight prices shot up, and have continued rising. to $0.40, or about half a percent of the sticker price.

Price Reduction 177

Price Reduction Cost Reduction Strategies Freight Supply Chain Planning Software 177

GlobalTranz

DECEMBER 5, 2014

There is a strong relationship between mismanaged supply chains and transportation and loss of profits, as an effectively structured supply chain will reduce business operation expenses. As we said in our freight claims series, knowledge is power in avoiding errors that may drive up your transportation costs unnecessarily.

Freight 244

Freight Negotiating Skills Third Party Logistics Expense Reduction 244