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 Modeling 156

My Office Apps

OCTOBER 21, 2024

Vendor Relationship Management (VRM) helps businesses manage supplier interactions, track performance, and ensure smooth procurement processes. Let’s explore why these features are crucial for optimizing supplier relationships and driving business growth. Why is Vendor Relationship Management Important?

Vendor Strategies 98

Vendor Strategies Procurement Solutions Supply Chain Planning Software Optimization Software 98

SCMDOJO

APRIL 3, 2025

They can raise consumer prices, reduce imports, change trade patterns, and cause other countries to retaliate. Can you increase prices for customers? Negotiate better prices with suppliers, use alternative materials, or implement lean manufacturing. Economic Effects : Tariffs have widespread economic effects.

Negotiating Skills 96

Negotiating Skills Resource Reduction Price Reduction Cost Reduction Strategies 96

SCMDOJO

APRIL 11, 2025

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. Control Costs: Track value beyond just the purchase price and manage inventory effectively. Supplier lateness? Logistics issues?

Pricing Training 72

Pricing Training Negotiating Skills Purchasing Skills Optimal Sourcing 72

SCMDOJO

FEBRUARY 15, 2025

Improve collaboration between suppliers, manufacturers, and logistics partners. Businesses need to identify vulnerabilities in their networks, from supplier dependencies to transportation delays. By establishing relationships with multiple suppliers across different regions, companies can reduce dependency on a single provider.

Supply Chain Planning Software 91

Supply Chain Planning Software Supply Chain Software Modeling Inventory Reduction 91

SCMDOJO

APRIL 15, 2025

Perhaps a critical supplier goes out of business, a natural disaster halts shipments, or new regulations are introduced that throw a wrench in your entire process. Operational risks: Supplier bankruptcies, poor quality control, or delays in logistics. Use analytics tools to monitor supplier performance and spot red flags early.

Vendor Strategies 73

Vendor Strategies Sourcing Strategies Price Reduction Resource Reduction 73

Clear Spider

OCTOBER 21, 2024

From raw materials to shipping and storage, businesses across the U.S. Spoiler: Effective inventory management strategies are key to navigating price hikes without passing excessive costs onto consumers. As prices continued to rise, purchasing power plummeted. Spooked by rising inflation and shrinking profit margins?

Inventory Management Software 52

Inventory Management Software Inventory Reduction Inventory Management Purchasing Skills 52

SCMDOJO

JANUARY 29, 2025

Supplier Performance Evaluating supplier performance based on key metrics such as on-time delivery, quality of goods received, adherence to agreed-upon terms, and responsiveness to inquiries. Identifying areas for cost reduction, such as improving production efficiency, minimizing waste, and negotiating better prices with suppliers.

Inventory Reduction 98

Inventory Reduction Negotiating Skills Waste Reduction Cost Reduction Strategies 98

SCMDOJO

FEBRUARY 26, 2025

indicates cost inefficiency, signaling a need for supplier negotiations or alternative sourcing strategies. Logistics and Freight Cost Optimization CPI can help measure transportation cost efficiency, ensuring that freight and shipping expenses remain within the planned budget. A CPI of 0.83

Negotiating Skills 52

Negotiating Skills Optimal Sourcing Negotiate Pricing Cost Reduction Strategies 52

SCMDOJO

JUNE 3, 2025

Picture yourself at your local hardware store comparing two paint cans that appear completely identical, yet they have completely different price tags. Transparent Costs and Building Strong Supplier Relationships: Discover the valuable role transparency plays in building trust with customers and suppliers. Today though?

Negotiating Skills 59

Negotiating Skills Predictive Analytics Software Supply Chain Design Software Analytics Software 59

Jaggaer

FEBRUARY 13, 2025

This partnership enables companies to enhance supplier engagement, align ESG goals with business objectives, and achieve measurable progress in their decarbonization efforts. Companies have extensive and diverse supplier bases and the data these suppliers provide on emissions inevitably varies.

Material Savings 52

Material Savings Price Reduction Manufacturing Procurement Optimal Sourcing 52

Logistics Bureau

NOVEMBER 29, 2024

But in general terms, retailers need to deal with; very broad product ranges, ranges that change, perhaps by season, possibly high levels of promotional activity, a broad supplier base and maybe some long supply lead times if there is a high degree of importing. Price; this needs to be competitive. But what is the end to end impact?

Supply Chain Planning Software 75

Supply Chain Planning Software Retail Supply Chain Strategy Supply Chain Planning 75

Logistics Bureau

JANUARY 14, 2025

The Factory Gate Pricing (FGP) and Primary Freight (PF) strategies, as adopted by major grocery retailers, are causing a shudder up the spine of many retail suppliers. What are Factory Gate Pricing and Primary Freight strategies? Otherwise known in shipping terms as FIS (Free Into Store). Now, the issue.

Price Reduction 75

Price Reduction Cost Reduction Strategies Negotiate Pricing Negotiating Skills 75

ShipBob

JUNE 20, 2025

Product sourcing is the process of finding the products you want to sell in your store, buying them from a supplier, and then reselling them. Too often, brands find a supplier but end up experiencing performance issues further down the line, leading to delays, shortages, and quality issues. What is product sourcing?

Purchasing Skills 64

Purchasing Skills Optimal Sourcing Sourcing Strategies Manufacturing Procurement 64

RFgen

APRIL 18, 2025

China, and the EU, trade barriers are driving more than price changes. Immediate Cost Surges and Planning Chaos The most obvious tariff impact on supply chains is pricing. That means reworking contracts, renegotiating supplier deals, or even abandoning entire product lines. But the real disruption is in predictability.

Inventory Reduction 52

Inventory Reduction Sourcing Strategies Price Reduction Cost Reduction Strategies 52

Precoro

JULY 1, 2025

Definition: Vendor relations is a strategic practice of cultivating productive, long-term relationships with suppliers. When done right, it’s beneficial for both sides: vendors get a reliable client, while companies benefit from a stable supply chain, consistent product quality, better pricing, and room to grow and collaborate.

Negotiating Skills 45

Negotiating Skills Vendor Strategies Purchasing Skills Negotiate Pricing 45

Cathy Roberson

MAY 25, 2025

During that period, the vast majority of our supplier partners developed diversified sourcing strategies across several countries, including the United States. Ted Decker - Chair, President & CEO We see in our business we intend to generally maintain pricing across our portfolio. or approximately $30 billion on an annual basis.

Purchasing Skills 67

Purchasing Skills Negotiating Skills Price Reduction Vendor Strategies 67

QAD

MAY 22, 2025

Strategic management in this area can yield substantial savings and build stronger supplier relationships. Procurement teams should build long-term, collaborative relationships with key direct suppliers. When costs rise, companies particularly larger ones may try and pass the total cost increase onto suppliers.

Cost Reduction Strategies 52

Cost Reduction Strategies Expense Reduction Price Reduction Waste Reduction 52

IT Supply Chain

JUNE 18, 2025

The smartest contractors are switching to integrated platforms that unify purchasing, payments, and supplier coordination all in one place. Top-performing firms are using project management software that connects the dots between site needs, supplier availability, and accounting. When suppliers don’t get paid promptly, orders stall.

Manufacturing Procurement 52

Manufacturing Procurement Procurement Solutions Procurement Analytics Supply Chain Planning Software 52

Ware2Go

MARCH 27, 2025

This can result from theft, damage, administrative errors, or supplier fraud. Administrative Errors – Mistakes in data entry, pricing, labeling, or inventory tracking can create discrepancies. Supplier Fraud – Deliveries with missing or incorrect items can lead to unaccounted losses.

Inventory Reduction 52

Inventory Reduction Inventory Cost Reduction Strategies Price Reduction 52

Precoro

MAY 19, 2025

Its purpose is to avoid unethical and harmful behavior that can lead to fines, supplier issues, and reputational damage. For example, if your company is ordering raw materials from a supplier abroad, it must comply with customs regulations and chemical and safety standards. Expired supplier certifications.

Procurement Analytics 45

Procurement Analytics Procurement Solutions Manufacturing Procurement Examples 45

Supply Chain Matters

MAY 23, 2025

According to its web site, Clarium is a healthcare technology company that is transforming how the hospital supply chain is managed by providers and suppliers. As Flocks network scales with every new shipment, the increased density creates more STL opportunities and more data, further improving AI -powered pooling and pricing capabilities.

Supply Chain Planning Software 52

Supply Chain Planning Software Predictive Analytics Software Supply Chain Software Logistics Network Optimization Software 52

ThroughPut

MAY 15, 2025

Inefficient procurement results in reactive buying at premium prices and missed opportunities for savings. Supplier Diversification: Increasingly, organizations are diversifying their supplier base and exploring regional sourcing to reduce dependency on single sources and mitigate global disruptions.

Procurement Solutions 52

Procurement Solutions Supply Chain Planning Software Optimal Sourcing Supply Chain Software 52

EFT

JULY 15, 2025

Trump intensifies trade war with threat of 30% tariffs on EU, Mexico President Donald Trump on Saturday threatened to impose a 30% tariff on imports from Mexico and the European Union starting on August 1, after weeks of negotiations with the major U.S. trading partners failed to reach a comprehensive trade deal.

Negotiating Skills 65

Negotiating Skills Negotiate Pricing South Korea United States 65

EFT

JUNE 23, 2025

EU increasingly resigned to 10% baseline tariff in US trade talks, European sources say European officials are increasingly resigned to a 10% rate on "reciprocal" tariffs being the baseline in any trade deal between the United States and the European Union, five sources familiar with the negotiations said. because of Washington's levies.

Negotiating Skills 65

Negotiating Skills Negotiate Pricing Iran Manufacturing Procurement 65

Supply Chain Digest

JULY 16, 2025

Suppliers will respond when they are made part of the team, and they have a lot to bring to the game. Get ready to pay higher prices for goods and services. The costs paid by taxes in the other countries require highrer salaries and selling prices to obtain the same after tax benefit. Investing in people is still most important!

Logistics Network Optimization Software 32

Logistics Network Optimization Software Supply Chain Design Software Supply Chain Planning Software Gartner 32

Supply Chain Digest

JULY 9, 2025

Suppliers will respond when they are made part of the team, and they have a lot to bring to the game. Get ready to pay higher prices for goods and services. The costs paid by taxes in the other countries require highrer salaries and selling prices to obtain the same after tax benefit. Investing in people is still most important!

Gartner 36

Gartner Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 36

EFT

JULY 1, 2025

US demand for China-made goods ebbs on tariff worries; ocean shipping rates drop Rates for shipping cargo containers from China to the U.S. Target explores factory-direct shipping model, Bloomberg News reports Target (TGT.N) Target explores factory-direct shipping model, Bloomberg News reports Target (TGT.N) T) advantage.

Negotiate Pricing 65

Negotiate Pricing Negotiating Skills Brazil Israel 65

EFT

JUNE 16, 2025

EU prepared to accept flat 10% US tariff with conditions, Handelsblatt reports Brussels negotiators hope that offering to accept U.S. trade negotiations have transitioned from their opening act, with its many twists and turns, into a new, protracted chapter: the Slow Grind. Explainer: What's behind the surge in Japan's rice prices?

Negotiate Pricing 65

Negotiate Pricing Negotiating Skills Price Reduction Manufacturing Procurement 65

Supply Chain Digest

JULY 3, 2025

Suppliers will respond when they are made part of the team, and they have a lot to bring to the game. Get ready to pay higher prices for goods and services. The costs paid by taxes in the other countries require highrer salaries and selling prices to obtain the same after tax benefit. Investing in people is still most important!

Supply Chain Design Software 41

Supply Chain Design Software Supply Chain Planning Software Forecasting Software Logistics Network Optimization Software 41

Supply Chain Digest

JUNE 27, 2025

Suppliers will respond when they are made part of the team, and they have a lot to bring to the game. Get ready to pay higher prices for goods and services. The costs paid by taxes in the other countries require highrer salaries and selling prices to obtain the same after tax benefit. Investing in people is still most important!

Gartner 41

Gartner Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 41

Supply Chain Brain

JUNE 24, 2025

These costs cascade through the supply chain, raising consumer prices and squeezing profit margins. According to a National Retail Federation study , a 10% tariff on imported apparel can increase retail prices by 3% to 5%. Walmart reported a 5% rise in logistics costs due to longer shipping routes. An estimated 60% of U.S.

Price Reduction 97

Price Reduction Supply Chain Planning Software Cost Reduction Strategies Inventory Reduction 97

Supply Chain Digest

JULY 8, 2025

Suppliers will respond when they are made part of the team, and they have a lot to bring to the game. Get ready to pay higher prices for goods and services. The costs paid by taxes in the other countries require highrer salaries and selling prices to obtain the same after tax benefit. Investing in people is still most important!

Cargo 41

Cargo Supply Chain Design Software Supply Chain Planning Software Logistics Network Optimization Software 41

Supply Chain Digest

JULY 1, 2025

Click here to send us your comments Gonzalez noted that “while many supply chain leaders have already invested in collaborative supplier relationships and risk mitigation, ongoing trade disruptions and regional tensions require a renewed focus.” Supply chain leaders should engage partners to identify and manage new shipping options.

Gartner 41

Gartner Supply Chain Planning Software Supply Chain Design Software Iran 41

Supply Chain Digest

JUNE 25, 2025

Click here to send us your comments That according to a recent blog post by the maritime analysts at Drewry, which noted that “More than five years have passed since the huge shipping disruptions, damaging port congestion, and cost spikes of the Covid period, but one feature has remained: freight rate volatility.” Supply Chain Digest Says.

Supply Chain Design Software 41

Supply Chain Design Software Supply Chain Planning Software Forecasting Software Logistics Network Optimization Software 41

Supply Chain Digest

JULY 11, 2025

In addition to the broad plan for tariffs, the Trump administration announces a regime for fees on Chinese-made ships docking at US ports, in a move designed to aid the flagging US ship building sector. May Large supply chain software vendor E2Open announces that it is being acquired by Australian shipping software firm WiseTech.

Supply Chain Design Software 32

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain 32

EFT

JULY 7, 2025

Rare earth magnet users jolted into paying premium prices for ex-China supply For years, Rahim Suleman had reached out repeatedly to automakers and other potential clients to market the rare earth magnets from the plant his company was building in Estonia, one of just a handful outside dominant producer China.

Manufacturing Procurement 57

Manufacturing Procurement Vietnam China BRIC 57