SCMDOJO

APRIL 11, 2025

Is inventory bloating your costs? Running procurement and supply chain without metrics is like driving blindfolded. Control Costs: Track value beyond just the purchase price and manage inventory effectively. Struggling with the true cost of ownership or serving your customers? Our course breaks down TCO/TCS.

Pricing Training 72

Pricing Training Negotiating Skills Purchasing Skills Optimal Sourcing 72

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

Logistics Viewpoints

DECEMBER 7, 2021

Just two days before Thanksgiving, FreightWaves reported an “all-time-high 93 ships” were waiting there. Consumer expectations for cheap and fast shipping continue to climb, and consumers increasingly want to order across borders , only compounding the problems. They face higher costs. and distribution points across a network.

Capacity 272

Capacity Price Reduction Cost Reduction Strategies Inventory Reduction 272

Supply Chain Game Changer

JUNE 6, 2025

Your business is booming, orders are flying in, and you’re drowning in a sea of shipping labels and tracking numbers. Enter shipment management software—a lifesaver for businesses looking to streamline their shipping processes and maintain their sanity. Cost Savings : Find the best shipping rates and avoid costly mistakes.

Supply Chain Planning Software 69

Supply Chain Planning Software Analytics Software Supply Chain Software Optimization Software 69

GlobalTranz

OCTOBER 16, 2015

We've negotiated rates with all the major carriers and maintained them. So we thought we would impart upon all the shippers out there some tips on how to reduce overall costs for effective LTL Procurement. 10 LTL Procurement Cost Cutting Tips. Analyze bids for optimal pricing and service scenarios.

Negotiating Skills 120

Negotiating Skills Price Reduction Cost Reduction Strategies Optimal Sourcing 120

Supply Chain Shaman

NOVEMBER 15, 2021

Maersk, the world’s largest container shipping company, reported its best quarter in 117 years, posting a $5.9B Ships continue to hold in the west coast harbors of LA and Long Beach, and the west coast warehouses are full. Much of the inventory on the ships at sea will miss the essential seasonal windows.

Supply Chain Design Software 355

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

Freight Waves

JUNE 16, 2025

During the company’s Velocity event held in Chicago last week, McCandless emphasized this strategic direction: “In the past ten years, project44 has built the foundation necessary for today’s AI advancements. This extensive connectivity has resulted in impressive metrics: 1.2 A key differentiator is Movement’s approach to data quality.

Supply Chain Design Software 99

Supply Chain Design Software Supply Chain Network Software Logistics Network Optimization Software Predictive Analytics Software 99

The Logistics of Logistics

OCTOBER 8, 2012

This SLA/KPI has to be negotiated and agreed upon by you and your 3PL partner.This negotiation time can take three (3) to Six (6) months. If you do not want to start at the 3PL as a contact customer with a SLA/KPIs, you can ship your goods and become a public account. Yes, I stress partnership and collaboration.

Third Party Logistics 145

Third Party Logistics Negotiating Skills Purchasing Skills KPI 145

SCMDOJO

FEBRUARY 16, 2025

They can proactively identify risks, optimize processes in real time, and even negotiate supplier contracts without human oversight. These AI agents leverage real-time data, predictive analytics, and generative AI to enhance resilience, reduce costs, and improve overall efficiency in AI-driven supply chain resilience.

Optimal Sourcing 72

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

QAD

MAY 22, 2025

Rising costs, geopolitical tensions, and tariffs demand a strategic and holistic approach to maintain profitability and competitive advantage. There are many ways an organization can cut supply chain costs. For many large enterprises, procurement makes up a large part of a company’s total costs.

Cost Reduction Strategies 52

Cost Reduction Strategies Expense Reduction Price Reduction Waste Reduction 52

ToolsGroup

JUNE 2, 2023

This is especially prevalent in organizations that have experienced growth through mergers and acquisitions and now need to reconcile multiple ERP, WMS, shipping, and transportation systems. Excess Inventory Overstocking inventory can tie up valuable working capital, increase storage costs, and lead to product obsolescence.

Real-time Visibility 294

Real-time Visibility Manufacturing Procurement Optimal Sourcing Inventory Reduction 294

Talking Logistics

JUNE 30, 2015

In the last decade, many companies, especially those with manufacturing operations, have evolved direct materials sourcing from an administrative function to a strategic procurement process. As a strategic process, transportation procurement may still seem very tedious and challenging.

Negotiating Skills 100

Negotiating Skills Manufacturing Procurement Procurement Material Savings 100

My Office Apps

OCTOBER 21, 2024

Vendor Contract Management Vendor contracts are the backbone of supplier relationships, detailing terms, pricing, and obligations. This allows businesses to track expenses, costs, and payments against the appropriate financial accounts. This data is invaluable for evaluating suppliers, resolving disputes, or negotiating better terms.

Vendor Strategies 98

Vendor Strategies Procurement Solutions Supply Chain Planning Software Optimization Software 98

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 The end result of the loss of propulsion was the ship crashing into the bridge. mile-long span. An estimated 11.5

Prescriptive Analytics Software 307

Prescriptive Analytics Software Logistics Network Optimization Software Logistics Supply Chain Software 307

Supply Chain Game Changer

FEBRUARY 19, 2020

Shipping Zones article originally published by, and permission to publish here provide by Jake Rheude at redstagfulfillment.com. Carriers such as FedEx, UPS, and USPS use shipping zones to determine the shipping cost of a package. ECommerce businesses need to pay attention to shipping zones. Subscribe Here!

Negotiating Skills 116

Negotiating Skills Price Reduction Shipping Cost Reduction Strategies 116

Logistics Viewpoints

JULY 27, 2021

The pandemic taught consumers that the most convenient and safest way to “get that thing” is to order it online and have it delivered, increasing not only the demand for qualified drivers but also the cost to hire. As driver pay increases, so does the incidence of drivers jumping ship, switching companies for the next best payday.

Supply Chain Planning Software 246

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Predictive Analytics Software 246

Unleashed

MARCH 9, 2021

Procurement activities include planning, sourcing, and negotiation, along with risk management, legal and value analysis. While many businesses are interested in procuring the best quality goods and services at the cheapest price, cost is not the only procurement factor. Undamaged shipment rate.

Procurement Analytics 104

Procurement Analytics Procurement Solutions Optimal Sourcing Material Savings 104

Precoro

NOVEMBER 13, 2023

Financial efficiency, cost savings, and profitability undoubtedly fall under the main priorities of upper management, regardless of a company’s industry. However, only 30% of CPOs claim they have achieved their cost-saving targets in 2023. Why Is Purchase Price Variance Important?

Purchasing Skills 98

Purchasing Skills Procurement Analytics Negotiating Skills Negotiate Pricing 98

ToolsGroup

MARCH 18, 2019

It supported collaborative goal-setting, negotiation and decision-making by giving all players in the extended supply chain a transparent, shared view of data that they could trust. Despite this more demanding metric, customer-service levels increased from 85 to 93 percent in just six months with significantly fewer costly rush orders.

Supply Chain Planning Software 228

Supply Chain Planning Software Supply Chain Planning Scenario Planning Agile and Lean Supply Chain 228

Talking Logistics

OCTOBER 29, 2013

What is this going to cost? 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. performance metrics to influence vendor behavior and impact sourcing choices.

Pricing Training 166

Pricing Training Purchasing Skills Purchasing Training Supply Chain Planning Software 166

Logistics Bureau

APRIL 4, 2022

Whether your company is a big or small player in terms of shipping volumes, and regardless of your chosen transportation modes (road, rail, ocean, air), the health of your bottom line depends in no small part on the competitiveness of your freight prices. So how can you be sure you’re getting the best freight rates possible?

Benchmarking 96

Benchmarking Negotiating Skills Logistics Network Optimization Software Purchasing Skills 96

SCMDOJO

APRIL 11, 2025

With international commerce increasingly digitalized and customer requirements continuing to grow, the demands on supply chain professionals to create frictionless, responsive, and cost-effective operations have never been higher. For instance, repeat customers can receive preferential shipping or tailored promotions.

Supply Chain Planning Software 84

Supply Chain Planning Software Supply Chain Software Forecasting Software Inventory Management Software 84

SCMDOJO

APRIL 15, 2025

Whether its political unrest in a region, shipping delays, or a sudden price hike, relying too heavily on one source can bring your operations to a grinding halt. Ultimately, diversification isnt just about peace of mindits a strategic move that keeps your supply chain nimble and responsive when faced with uncertainty.

Vendor Strategies 73

Vendor Strategies Sourcing Strategies Price Reduction Resource Reduction 73

GlobalTranz

MARCH 18, 2015

You will want to gain insight into what differentiates one 3PL from another, what core capabilities they offer and what skills do they have in developing strategies and thought leadership. This can be especially critical for shipping LTL , which requires capabilities to optimize the shipping process for multiple clients along the same chain.

Negotiating Skills 120

Negotiating Skills 3PL Logistics Network Optimization Software Resource Reduction 120

Precoro

MAY 19, 2023

To monitor supply chain performance, stakeholders of successful companies typically define supply chain metrics that are relevant to the given business and track these KPIs regularly. By setting benchmarks for metrics, analysts can recognize unsettling trends and take preventive measures on time.

Procurement Analytics 98

Procurement Analytics Metrics Supply Chain Planning Software Supply Chain Software 98

Freightos

APRIL 23, 2025

billion rate data points monthly to provide the most comprehensive view of the market, helping you identify savings opportunities and make data-driven decisions. It handles everything from rating and booking to shipment management, invoice auditing, and beyond.

Optimal Sourcing 156

Optimal Sourcing Benchmarking Manufacturing Procurement Procurement 156

Freight Plus

NOVEMBER 13, 2024

By understanding what it means to become a preferred partner to transportation providers, shippers can optimize their supply chain and gain a strategic advantage. It signifies that your organization is known for treating carriers well, streamlining operations, and making the shipping process smooth and efficient.

Negotiating Skills 52

Negotiating Skills Cost Reduction Strategies Price Reduction Optimization Software 52

Supply Chain Game Changer

NOVEMBER 19, 2018

From planning to negotiating to buying, from moving goods to processing goods, and from managing data to managing inventory. While every function must help your company grow and prosper when the heat is on uninformed Executives can view Supply Chain as merely a Cost Centre. Pressures for Cost Reduction in Supply Chain.

Cost Reduction Strategies 95

Cost Reduction Strategies Negotiating Skills Purchasing Skills Inventory Reduction 95

GlobalTranz

OCTOBER 21, 2015

The more KPIs, the more difficult the negotiation process. All KPIS have metrics to measure. Cost Reduction is another major goal. As the two partners implement Continuous Improvement or Kaizen cost reduction will follow. 3PL/SLA Skills/Knowledge. All KPIS have a target percentage to meet.

KPI 120

KPI Negotiating Skills 3PL Optimal Sourcing 120

Jaggaer

MAY 8, 2025

I am a big believer in procurement getting involved as early as possible in new product development based on all the market knowledge available. The worst-case scenario is product engineering developing a new product, selecting a supplier and then telling procurement to get on with negotiation.

Optimal Sourcing 52

Optimal Sourcing Manufacturing Procurement Procurement Analytics Procurement Solutions 52

4WL Consulting

JULY 8, 2015

The previous decade has seen many companies, mainly those handling manufacturing operations, change how sourcing of direct materials is executed – from an administrative function to a somewhat strategic procurement approach that has seen the creation of a new position “the Chief Procurement Officer.”

Negotiating Skills 100

Negotiating Skills Manufacturing Procurement Material Savings Optimal Sourcing 100

Supply Chain Shaman

NOVEMBER 15, 2021

Maersk, the world’s largest container shipping company, reported its best quarter in 117 years, posting a $5.9B Ships continue to hold in the west coast harbors of LA and Long Beach, and the west coast warehouses are full. Much of the inventory on the ships at sea will miss the essential seasonal windows.

Supply Chain Design Software 195

Supply Chain Design Software Supply Chain Planning Software Sourcing Strategies Supply and Demand 195

Supply Chain Shaman

NOVEMBER 15, 2021

Maersk, the world’s largest container shipping company, reported its best quarter in 117 years, posting a $5.9B Ships continue to hold in the west coast harbors of LA and Long Beach, and the west coast warehouses are full. Much of the inventory on the ships at sea will miss the essential seasonal windows.

Supply Chain Design Software 195

Supply Chain Design Software Supply Chain Planning Software Sourcing Strategies Supply and Demand 195

Talking Logistics

FEBRUARY 18, 2015

Financial data and visibility into the costs associated with shipping are critical to improving corporate financial performance. Total cost management is just one part of supply chain visibility, but a very important part based on the financial impact that shipping has on the organization.

Supply Chain Visibility 100

Supply Chain Visibility Negotiating Skills Optimal Sourcing Supply Chain Optimization 100

Supply Chain Game Changer

NOVEMBER 3, 2022

Thoughts on Future Challenges and the Strategic Direction of Supply Chain! Modern bookkeeping systems are a perfect tool for monitoring the financial information of your company that might help you improve supply chain cost control. Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Procurement Management.

Supply Chain Planning Software 119

Supply Chain Planning Software Supply Chain Software Negotiate Pricing Negotiating Skills 119

Silvon Software

APRIL 19, 2022

Procurement is one core process area being focused to better manage today’s fluctuating change, with key performance metrics leading the way to assessing and managing procurement performance. Purchase Price Variance – Purchase price variance helps to ensure that purchase prices are not trending upward.

Optimal Sourcing 124

Optimal Sourcing Procurement Analytics Manufacturing Procurement Negotiate Pricing 124

MIT Supply Chain

APRIL 3, 2014

When I started customers cared about price and service,” said Wiehoff. While reliable service and low prices are still important, these metrics have become prerequisites for commercial success. Now the differentiators are more strategic: benchmarking, innovation, and network modeling, for example. Skills shuffle.

Negotiating Skills 105

Negotiating Skills Logistics Network Optimization Software Price Reduction Expense Reduction 105