The Logistics of Logistics

NOVEMBER 11, 2022

Dawn Salvucci-Favier and Joe Lynch answer the question what is dynamic pricing. Dawn is the CEO and Chief Product Officer at Greenscreens.ai , a dynamic pricing infrastructure for the truckload spot rate market that delivers buy and sell-side market intelligence and business insights to help companies grow and protect their margins.

Price Reduction 185

Price Reduction Logistics Network Optimization Software Predictive Analytics Software Sourcing Strategies 185

Freightos

SEPTEMBER 8, 2020

Just take a look at pricing fluctuations for Suntory’s Yamazaki 12 Year Old. And the lack of demand visibility is a big contributor to China-US ocean freight rates doubling to the West Coast since June, and passing $4,000/FEU to the East Coast – which was surprising as most analysts thought that rates and profits would freefall.

Purchasing Skills 218

Purchasing Skills Price Reduction Freight Supply Chain Software 218

The Logistics & Supply Chain Management Society

FEBRUARY 15, 2021

Just take a look at pricing fluctuations for Suntory’s Yamazaki 12 Year Old. And the lack of demand visibility is a big contributor to China-US ocean freight rates doubling to the West Coast since June, and passing USD4,000/FEU to the East Coast – which was surprising as most analysts thought that rates and profits would freefall.

Purchasing Skills 217

Purchasing Skills Price Reduction Freight Supply Chain Software 217

GlobalTranz

SEPTEMBER 13, 2018

The path to perfect implementation of a new e-commerce shipping strategy is not always clear, and it comes with several challenges that can undermine the efficacy and cost-effectiveness of e-commerce. Channel-specific processes. Delays in order fulfillment and delivery. Troublesome returns management. Increased risk. GET YOUR COPY HERE.

Price Reduction 181

Price Reduction Cost Reduction Strategies Resource Reduction Inventory Reduction 181

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. When ocean container rates spike, so do the prices we pay. However, in our most recent survey, nearly all respondents (93%) reported experiencing supply chain difficulties.

Price Reduction 177

Price Reduction Cost Reduction Strategies Freight Supply Chain Disruption 177

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. Smart logistics strategies can reduce wastage and improve operational costs. Subscribe Here! Email Address.

Inventory Reduction 104

Inventory Reduction Price Reduction Cost Reduction Strategies Material Savings 104

Logility

JULY 13, 2023

3PL Selection—don’t let your people be penny wise and pound foolish Are you looking at the big picture when you select a 3PL — do they fit with your supply chain strategy? Supply chain organizations often find themselves comparing price differences of 1–2% in service offerings, and they are missing the opportunity to save 5–15% in real costs.

Price Reduction 131

Price Reduction Cost Reduction Strategies Supply Chain Strategy 3PL 131

Logistics Viewpoints

JUNE 6, 2022

Running more efficient routes, with more fully loaded trucks, saves money and reduces emissions. The desire to improve service, reduce cost, and reduce emissions, is part of the reason their customer Unilever selected their solution. Transportation Modeling Can be Used to Reduce Emissions.

Cost Reduction Strategies 223

Cost Reduction Strategies Price Reduction Supply Chain Planning Software Transportation 223

The Logistics of Logistics

FEBRUARY 16, 2022

What is Dynamic Pricing with Dawn Salvucci Favier. Dawn Salvucci-Favier and Joe Lynch answer the question what is dynamic pricing. She has spent the past 20 years leading Global Product Strategy & Management at major Transportation Management System (TMS) providers. Key Takeaways: What is Dynamic Pricing.

Price Reduction 179

Price Reduction Logistics Network Optimization Software Predictive Analytics Software Sourcing Strategies 179

GlobalTranz

DECEMBER 5, 2018

For example, a black swan event may include both the physical damage and ongoing disruption caused by a hurricane and subsequent bottlenecks, so shippers that know how to isolate the causes of poor visibility and areas that are likely to contribute to worsening of black swan events can effectively reduce their chances of coming to fruition.

Price Reduction 168

Price Reduction Resource Reduction Cost Reduction Strategies Inventory Reduction 168

GlobalTranz

OCTOBER 6, 2021

OTR freight represents a long-standing aspect of supply chain operations and transportation management. Th is blog post covers the critical ways strategic partnerships can help supply chain managers achieve optimal OTR management for their freight. Carrier Vetting for OTR Freight . Remote Tendering and Shipment Execution .

Prescriptive Analytics Software 216

Prescriptive Analytics Software Analytics Software Optimal Sourcing Supply Chain Network Software 216

Freightos

JANUARY 15, 2024

The implication for global freight beyond the now typical uncertainty is predictably elevated operational costs and soaring freight rates. 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.

Negotiating Skills 292

Negotiating Skills Optimal Sourcing Price Reduction Vendor Strategies 292

Supply Chain Matters

JULY 15, 2022

This week, the company announced a reversal in manufacturing and supply chain strategy, as well as a major turnabout. Supply chain strategy, process, talent and enabling technologies each play important roles. The company was eventually forced to transport its bikes and equipment by more expensive air freight to avoid congested U.S.

Sourcing Strategies 105

Sourcing Strategies Cost Reduction Strategies Expense Reduction Inventory Reduction 105

Freightos

FEBRUARY 28, 2024

Most recently, the recent disruptions in the Red Sea that saw ocean freight rates from China to Europe by over 190% and saw transit times lengthen, sea-air services offered a strategic advantage for logistics professionals able to remain agile, by watching trends and jumping at opportunities to ensure a resilient supply chain.

Los Angeles 156

Los Angeles Negotiating Skills Cost Reduction Strategies Price Reduction 156

The Logistics of Logistics

APRIL 1, 2022

Redefining Freight Brokerage with Nick Jensen. Nick Jensen and Joe Lynch discuss redefining freight brokerage. Nick is the Director of National Accounts at Loadsmart , a freight technology company that is removing the barriers between shippers and carriers so freight can move in the most efficient, transparent and automated way.

Logistics Network Optimization Software 188

Logistics Network Optimization Software Freight Price Reduction Supply Chain Software 188

C3 Solutions

NOVEMBER 30, 2021

With the constant fluctuation in supply and demand causing changes in transportation prices, it is imperative that additional procedures are implemented. Detention time (greater than two hours wait time) costs drivers between $1.1 billion on average per year, as reported within the 2020 Detention Time Survey.

Price Reduction 148

Price Reduction Cost Reduction Strategies Price Mitigation Strategies Supply Chain Strategy 148

Intelligent Audit

DECEMBER 12, 2022

The Inflation Reduction Act, signed in August, is designed to ease rising cost pressures for businesses and consumers. Its main intention is to curb inflation by reducing the federal deficit, lowering prescription drug prices, and investing in domestic energy production while promoting clean energy. compared to September 2021.

Cost Reduction Strategies 52

Cost Reduction Strategies Price Reduction Inventory Reduction Negotiating Skills 52

The Logistics & Supply Chain Management Society

OCTOBER 15, 2023

The Approach to Effective Freight Procurement by LSCMS Shippers’ Council Container shipping procurement faces a multitude of challenges shaped by global events, industry shifts, environmental mandates, and technological advancements. At the heart of it all, an effective procurement strategy remains paramount.

Optimal Sourcing 130

Optimal Sourcing Procurement Sourcing Strategies Freight 130

The Logistics of Logistics

SEPTEMBER 25, 2023

Paul is the Founder and Chief Strategy Officer of Verusen , a supply chain intelligence platform, purpose-built to help manufacturers streamline their MRO supply and materials management. About Paul Noble As Founder and Chief Strategy Officer of Verusen, Paul Noble oversees the company’s vision and strategic direction.

Optimal Sourcing 263

Optimal Sourcing Material Savings Sourcing Strategies Inventory Reduction 263

Freightos

AUGUST 14, 2023

” ( Source) Global freight, with its blend of structured processes, unpredictable variables and high frequency, is perhaps the most fertile playground for the AI revolution. Specifically, 53% anticipate a limited reduction, while 31% foresee substantial cuts. Entire industries will reorient around it.

Logistics Network Optimization Software 253

Logistics Network Optimization Software Price Reduction Material Savings Supply Chain Software 253

Zipline Logistics

DECEMBER 5, 2022

You’ve taken your brand from an idea to physical product, determined packaging and pricing, and landed shelf space at a retail store. The more shelf space you land and expand at a retailer, the more freight you’ll be delivering. Logistics Strategy Drives Category Domination. Article originally published by Progressive Grocer.

Cost Reduction Strategies 81

Cost Reduction Strategies Price Reduction Logistics Network Optimization Software Price Mitigation Strategies 81

Unleashed

OCTOBER 4, 2023

This can include freight forwarding and documentation management. Reduced operating costs: Effective order fulfilment can minimise costs associated with processes like inventory management, packing, and shipping. This helps in maintaining healthy profit margins and staying competitive in pricing.

Inventory Reduction 52

Inventory Reduction Sourcing Strategies Resource Reduction Cost Reduction Strategies 52

Logistics Viewpoints

MAY 25, 2021

The global supply chain is routinely beset by challenges, both large and small, but the past couple of years have delivered a string of significant logistics disruptions that have threatened to upend the tightly choreographed dance of global freight transportation. That’s starting to change. More and more large U.S. In the U.S.,

Supply Chain Planning Software 321

Supply Chain Planning Software Sustainability Supply Chain Software Inventory Reduction 321

The Logistics of Logistics

JANUARY 11, 2023

Mary O’Connell and Joe Lynch discuss the Bloomberg of Freight. Mary O’Connell is a former pricing analyst, supply chain planner, and broker/dispatcher turned creator of the newsletter and podcast Check Call. Check Call gives insights into the world around 3PLs and freight brokers. Key Takeaways: The Bloomberg of Freight.

Analytics Software 191

Analytics Software Logistics Network Optimization Software Freight Rail Software 191

Freightos

OCTOBER 31, 2023

More Resources Home October 31, 2023 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market. Judah Levine October 31, 2023 Unbox your Freight knowledge.

Price Reduction 156

Price Reduction Resource Reduction Panama Asia 156

The Logistics of Logistics

OCTOBER 27, 2023

Kevin is the Chief Revenue Officer (CRO) at Greenscreens.ai , a pricing platform specifically tailored for the truckload spot freight market. Parry is responsible for all of Werner Enterprises’ fully developed Intermodal, Brokerage, Freight Management and Final Mile service offerings. and Revenova, LLC. Greenscreens.ai

Logistics Network Optimization Software 280

Logistics Network Optimization Software Predictive Analytics Software Supply Chain Design Software Supply Chain Network Software 280

Freightos

SEPTEMBER 20, 2023

More Resources Home September 20, 2023 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market. Europe prices (FBX11 Weekly) fell 6% to $1,517/FEU.

Price Reduction 177

Price Reduction Resource Reduction Asia Cost Reduction Strategies 177

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. Your best bet to avoid unexpected trouble?

Price Reduction 101

Price Reduction Expense Reduction Waste Reduction Cost Reduction Strategies 101

Supply Chain Game Changer

MARCH 17, 2022

Content Marketing Strategy – The Decisive Guide! As the technologies develop, the means for promoting logistics services with a digital marketing strategy has also changed. Companies that operate in the industry of logistics also have to keep up with the times and adjust the marketing strategy accordingly. Email marketing.

Price Reduction 116

Price Reduction Resource Reduction Logistics Network Optimization Software Supply Chain Strategy 116

GlobalTranz

NOVEMBER 13, 2018

The use of dimensional (DIM) pricing has an extensive history by the Big Three carriers. FedEx, UPS, and DHL all claim to have been the first to switch to DIM pricing in 2013, but all packages were swapped over into the DIM pricing model in 2015. This system rated freight based on the product itself, not necessarily packaging.

Price Reduction 199

Price Reduction Waste Reduction Modeling Software Packaging 199

The Logistics of Logistics

AUGUST 26, 2022

Raj Subbiah and Joe Lynch discuss understanding Uber Freight. Raj is Head of Product for Uber Freight , a logistics platform built on the power of Uber with the goal to reshape global logistics and deliver reliability, flexibility and transparency for shippers and carriers. About Uber Freight. About Raj Subbiah.

Freight 209

Freight Optimal Sourcing Logistics Network Optimization Software Supply Chain Network Software 209

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

GlobalTranz

SEPTEMBER 12, 2018

To achieve lasting success, shippers need to understand how e-commerce shipping strategies are quintessential steps in this process. An Effective E-Commerce Shipping Strategy Mitigates Losses From the “Retail Apocalypse.” This is the making of an effective e-commerce shipping strategy. GET YOUR COPY HERE. Download White Paper.

Resource Reduction 182

Resource Reduction Cost Reduction Strategies Price Reduction Supply Chain Strategy 182

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

Freightos

DECEMBER 20, 2022

The sheer influx in demand, combined with the variety of supply chain stressors, also catapulted global freight to new levels of infamy (although none perhaps as famous as the Suez Canal blockage). However, the sheer scope of price increases – and ensuing decrease – changed that dynamic. Sources: U.S.

Purchasing Skills 156

Purchasing Skills Analysis Cost Reduction Strategies Freight 156

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

The Logistics of Logistics

OCTOBER 30, 2023

Over his 30+ year career in the supply chain, Richard has worked with manufacturers around the world in operations, supply chain, and lean strategy roles to develop systems that can manage complex supply chains on a global scale. Greenscreens.ai’s dynamic pricing infrastructure built to grow and protect margins. acquired by SAP).

Optimal Sourcing 241

Optimal Sourcing Inventory Reduction Supply Chain Design Software Manufacturing Procurement 241