GlobalTranz

JANUARY 4, 2017

When it comes to the logistics industry, whether it's transportation management contracts or warehouse contracts, there are a million moving parts, and as many questions. In the below is a real world example of a consultant coming to a third party logistics company with the goal of choosing a warehouse and 3pl provider. 3PL Answer 1.

Modeling 261

Modeling Negotiating Skills Cost Reduction Strategies Scenario Planning 261

SCMDOJO

DECEMBER 29, 2024

SCMDOJO Academy elevates your procurement and supply chain skills through its extensive course library. Continuous learning is crucial for professionals to stay ahead of the curve and enhance their skill sets. Moreover, it covers written and verbal communication skills, negotiation techniques, and conflict-resolution strategies.

Optimal Sourcing 98

Optimal Sourcing Course Negotiating Skills Purchasing Skills 98

SCMDOJO

OCTOBER 30, 2024

As businesses strive to enhance efficiency, resilience, and sustainability, the demand for skilled supply chain professionals has never been higher. This blog explores how MTSS platforms can be strategically utilized to build the competencies necessary for success in supply chain management.

Supply Chain Planning Software 97

Supply Chain Planning Software Analytics Software Forecasting Software Predictive Analytics Software 97

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?” The second question we get is what strategies can we implement to lower our transportation costs.

Negotiating Skills 145

Negotiating Skills Optimal Sourcing Optimization Software Price Mitigation Strategies 145

Logistics Viewpoints

MARCH 24, 2022

Retailers also took steps to contain costs and preserve margins as they reoriented toward e-commerce like never before, including putting solutions in place to more effectively navigate carrier capacity caps and improve the visibility, accessibility, and mobility of inventory. More to give the organization.

Supply Chain Planning Software 274

Supply Chain Planning Software Optimization Software Logistics Network Optimization Software Forecasting Software 274

Supply Chain Brain

JUNE 16, 2025

Without experienced managers in place, truck availability drops, repairs are delayed, and cost control becomes difficult. These individuals are key to maintaining operational efficiency, cost control, and compliance. Strong supplier agreements and pricing structures depend on consistent leadership. Rising costs.

Negotiating Skills 91

Negotiating Skills Supply Chain Planning Software Pricing Training Optimal Sourcing 91

ivalua

MAY 29, 2025

Misaligned priorities, siloed systems, and unclear ownership can directly impact key performance indicators like cost savings percentage and procurement cycle time. When decisions for either procurement or SCM are made in isolation, organizations can miss out on cost savings, end up with excess inventory, or experience delayed deliveries.

Procurement Solutions 130

Procurement Solutions Optimal Sourcing Manufacturing Procurement Supply Chain Planning Software 130

ToolsGroup

JUNE 2, 2023

Suddenly, managing inventory is the name of the game for companies trying to manage working capital and maximize profit while keeping customers happy. And that’s where real-time perpetual inventory signals come in. Plus, accurate inventory information is the key to optimal decision-making. Let’s take a closer look.

Real-time Visibility 294

Real-time Visibility Manufacturing Procurement Optimal Sourcing Inventory Reduction 294

Logistics Viewpoints

FEBRUARY 2, 2023

How 3PLs Can Gain Visibility and a Competitive Advantage Offering Automated Billing and a Self-Service Interactive Customer Portal It’s hard to imagine a third-party logistics (3PL) business today operating without some form of a warehouse management system ( WMS ) connecting the digital dots.

Supply Chain Planning Software 273

Supply Chain Planning Software Inventory Management Software Analytics Software Forecasting Software 273

Supply Chain Opz

JANUARY 7, 2013

To the best of my knowledge, many business schools still use the case study " Apple Computers Supplier Hubs: A Tale of Three Cities " from Stanford University (1996). Interesting point is that Apple Inc has to make the pre-payments to some suppliers to secure the strategic raw materials. Inventory Turnover.

Case Study 279

Case Study Study Negotiating Skills Supply Chain Planning Software 279

SCMDOJO

JANUARY 29, 2025

Supply chain reports are data-driven documents that provide key metrics and insights into various aspects of your supply chain, including: Inventory Levels Tracking stock levels in real-time to ensure adequate inventory to meet demand while minimizing holding costs.

Inventory Reduction 98

Inventory Reduction Negotiating Skills Waste Reduction Cost Reduction Strategies 98

Supply Chain Game Changer

JUNE 13, 2025

They take into account factors such as distance, transportation cost, delivery time, and others. Inventory and Warehouse Management Proper inventory and warehouse management is another important aspect of freight management. Accounting and control of expenses Companies must carefully control their shipping costs.

Inventory Management Software 78

Inventory Management Software Supply Chain Planning Software Freight Optimization Software 78

SCMDOJO

FEBRUARY 15, 2025

These include alternative sourcing strategies, backup transportation routes, and emergency inventory reserves. For example, companies can use project management software to track supplier performance, monitor inventory fluctuations, and automate alerts for potential risks.

Supply Chain Planning Software 91

Supply Chain Planning Software Supply Chain Software Modeling Inventory Reduction 91

Supply Chain Opz

JUNE 23, 2014

Inventory management is one of the most important tasks for supply chain management professionals. However, most inventory control theories are too complicated or too difficult to apply to real world situations. The reason is that most people now realize the value of planning practice like Sales and Operations Planning (S&OP).

Inventory Management Software 220

Inventory Management Software Inventory Management Inventory Reduction Inventory 220

Logistics Viewpoints

NOVEMBER 16, 2023

Tracking and understanding lead time is very important for setting accurate delivery dates for customer orders, for setting inventory and safety stock levels across the supply chain for finished goods and Work in Progress (WIP) materials. How can you better manage lead time?

Real-time Visibility 301

Real-time Visibility Material Savings Inventory Reduction Vendor Strategies 301

The Logistics of Logistics

JULY 12, 2023

He is skilled in building and leading high-performing teams that thrive on inclusion, collaboration, and engagement. Corey is also proficient in product development and management, successful contract negotiations, continuous improvements, emerging technologies, and cultivating key relationships and partnerships.

Negotiating Skills 246

Negotiating Skills Purchasing Skills Network Optimization Software Logistics Network Optimization Software 246

Logistics Bureau

JANUARY 21, 2025

An efficient supply chain strategy is one that takes every aspect of your supply chain into account, from inventory management and warehouse design to freight tendering and transport optimisation. Supply chain efficiency focuses on improving your processes whilst also reducing costs. What is Supply Chain Efficiency?

Supply Chain Design Software 98

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 98

SCMDOJO

FEBRUARY 16, 2025

The Role of Agentic AI in Supply Chains Supply chains are dynamic and complex, requiring continuous decision-making across multiple functions, from procurement and inventory management to logistics and demand forecasting. Automates bidding processes and cost optimization. Here are some leading innovators in this space: 1.

Optimal Sourcing 72

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Sourcing Strategies 72

Enchange Supply Chain Consultancy

JUNE 19, 2024

Consider transportation, warehousing, and distribution challenges. Cost to Serve: Cost Analysis: Calculate the costs associated with serving different market segments and regions. Include distribution, logistics, marketing, and sales support costs. Plan strategies to mitigate these challenges.

Negotiating Skills 260

Negotiating Skills Supply Chain Planning Software Resource Reduction Analytics Software 260

Clear Spider

OCTOBER 21, 2024

Now’s the time for businesses to look back at the strain that rising inflation put on their supply chains and inventory management. In this blog, we’ll explain the impact of rising inflation rates on inventory and supply chain management. As prices continued to rise, purchasing power plummeted.

Inventory Management Software 52

Inventory Management Software Inventory Reduction Inventory Management Purchasing Skills 52

ToolsGroup

AUGUST 8, 2019

The planner’s role has expanded to include a combination of technical skills and communications and interpersonal skills. A recent, typical job ad for a demand planner lists technical criteria including APICS and Six Sigma certification, alongside “negotiation, communications, and presentation skills”. .

Negotiating Skills 185

Negotiating Skills Supply Chain Planning Software Supply Chain Software Modeling 185

SCMDOJO

FEBRUARY 26, 2025

Introduction As global supply chains evolve, ensuring cost efficiency is crucial. One way to assess the cost performance of any function within the supply chain is through Cost Performance Index (CPI). What contexts can it be used in and how, as well as the benefits of using cost performance index in supply chain contexts.

Negotiating Skills 52

Negotiating Skills Optimal Sourcing Negotiate Pricing Cost Reduction Strategies 52

SCMDOJO

APRIL 11, 2025

Is inventory bloating your costs? A scorecard acts as your dashboard, providing crucial visibility that helps you: Make Data-Driven Decisions: Replace guesswork with facts when evaluating suppliers, processes, and inventory levels. Improve Efficiency: Understand process timelines and inventory holding to streamline operations.

Pricing Training 72

Pricing Training Negotiating Skills Purchasing Skills Optimal Sourcing 72

Precoro

NOVEMBER 11, 2024

This team controls what’s bought, from where, and at what cost for the entire organization. These benefits aren’t just about lower prices; they’re also about reducing transportation and inventory costs, which can really add up over time. Getting the goods to the right place The next step is logistics.

Pricing Training 105

Pricing Training Expense Reduction Price Reduction Purchasing Training 105

GlobalTranz

FEBRUARY 17, 2016

This is the second part of my series on various ways to reduce overall costs as it relates to logistics and warehouse cost reductions. In the first part I put forth 6 areas of focus in order to reduce logistics costs. Today, I will now address how a focus on inventory will allow for warehouse cost reductions as well.

Cost Reduction Strategies 120

Cost Reduction Strategies Inventory Reduction Waste Reduction Vendor Strategies 120

Supply Chain Shaman

NOVEMBER 15, 2021

Ships continue to hold in the west coast harbors of LA and Long Beach, and the west coast warehouses are full. Inventories in the chemical industry are at record lows: a forerunner of bad days ahead. Much of the inventory on the ships at sea will miss the essential seasonal windows. Retail shelves are increasingly empty.

Supply Chain Design Software 355

Supply Chain Design Software Supply Chain Planning Software Sourcing Strategies Supply and Demand 355

Logistics Bureau

NOVEMBER 26, 2024

As outsourcing consultants , we’re dealing with an increasing amount of clients looking for help with outsourcing their warehousing needs. This article will focus only on outsourced warehousing contracts, including those related to fulfillment centers. Contract negotiation. Implementation and ongoing contract management.

3PL 98

3PL Negotiating Skills Price Reduction Resource Reduction 98

Supply Chain Opz

NOVEMBER 9, 2014

That said, implementing Lean concepts would undoubtedly be part of that strategy, for example, - Lean Warehousing : Many firms (both retailers and manufacturers) are now aggressively rolling out Lean in their warehouse operations. Eliminate Before You Automate : Automation is critical to large, efficient warehouse operations.

Waste Reduction 274

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

Logistics Viewpoints

MAY 26, 2023

The trouble today is finding authentic pairs which also do not cost an arm and a leg. 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. Inventories at U.S. So, wish me luck in securing authentic University Blue Jordan IVs.

Negotiating Skills 273

Negotiating Skills Pricing Training Jordan Purchasing Training 273

Logistics Viewpoints

DECEMBER 7, 2021

Workforce shortages and other challenges abound throughout all transportation sectors, and while this may revitalize investments in localized manufacturing, expanded warehousing to hold more inventory, and other efforts, these changes do not solve today’s issues. They face higher costs. and distribution points across a network.

Capacity 271

Capacity Price Reduction Cost Reduction Strategies Inventory Reduction 271

Locus Robotics

MARCH 12, 2025

Home March 12, 2025 AI and Data-Driven Warehouse Decision Making Mary Hart , Sr. Content Marketing Manager Warehouses generate vast amounts of data every day, from fulfillment rates and inventory levels to labor efficiency and stock movement, but that raw data alone isnt enough.

Warehousing 52

Warehousing Inventory Reduction Cost Reduction Strategies Resource Reduction 52

ThroughPut

APRIL 4, 2025

In today’s fast-paced industrial landscape, managing spare parts and MRO (Maintenance, Repair, and Operations) inventory is more than just keeping shelves stocked. It’s about strategic optimizationensuring availability while minimizing waste and costs. Improve cash flow by reducing capital tied up in inventory.

Optimal Sourcing 52

Optimal Sourcing Inventory Reduction Cost Reduction Strategies Waste Reduction 52

Ware2Go

MARCH 27, 2025

Inventory shrinkage happens when your merchandise gets damaged or goes missing in a warehouse or in transit. Then, we’ll get into how the right technology and the right partnerships can safeguard your business against inventory shrinkage. What Is Inventory Shrinkage? billion in losses across the fiscal year.

Inventory Reduction 52

Inventory Reduction Inventory Cost Reduction Strategies Price Reduction 52

Logistics Bureau

DECEMBER 24, 2024

Warehousing and distribution management is nota core skill. Many enterprises have taken heed and determined that inbound and outbound transport and warehousing are consequential processes of their business rather than fundamental or core processes. Why do organisations outsource logistics operations? Performance is sub-optimal.

Warehousing 52

Warehousing Negotiating Skills Purchasing Skills Transportation 52

RFgen

APRIL 18, 2025

China, and the EU, trade barriers are driving more than price changes. Tariffs are reshaping sourcing strategies, forcing tech upgrades, and making inventory planning a lot more complicated. Immediate Cost Surges and Planning Chaos The most obvious tariff impact on supply chains is pricing.

Inventory Reduction 52

Inventory Reduction Sourcing Strategies Price Reduction Cost Reduction Strategies 52

Logistics Viewpoints

FEBRUARY 3, 2023

The new fees, which take effect February 28, coincide with the company’s efforts to cut costs and adjust to slower growth in online shopping. Moller – Maersk is turning to flying drones to manage inventory counts in its warehouse network, the Danish firm said. for orders of less than $50, $6.95 for orders of $100 to $150.

Logistics Network Optimization Software 270

Logistics Network Optimization Software Negotiating Skills Purchasing Skills Supply Chain Planning Software 270

Ware2Go

NOVEMBER 15, 2021

Use this guide to understand warehousing services, prioritize service level agreements, and choose the right warehouse partner for your business. Table of Contents: What is Warehousing? What Is Warehousing? Types of Warehousing Services. By this definition, a warehouse would only provide inventory storage.

Warehousing 105

Warehousing Negotiating Skills Inventory Reduction Supply Chain Network Software 105