Logistics Viewpoints

MAY 11, 2025

Pharmaceuticals No finalized agreement has been reached for pharmaceuticals, though both parties have committed to negotiate preferential terms. has objected to the tax and indicated that future digital trade negotiations will require its removal or revision. Further negotiations are expected. Tariffs on U.S.

Negotiating Skills 165

Negotiating Skills Pharmaceutical Cost Reduction Strategies Price Reduction 165

Logistics Viewpoints

MARCH 12, 2025

Traditional contracts rely on manual verification, third-party intermediaries, and complex legal frameworks, leading to delays, disputes, and increased costs. Intermediary costs Third-party auditors, banks, and brokers drive up expenses. Lost goods, fraud, and counterfeiting cost businesses billions of dollars annually.

Supply Chain Design Software 290

Supply Chain Design Software Supply Chain Software Supply Chain Planning Software Negotiating Skills 290

Logistics Viewpoints

MARCH 6, 2025

Your inbox quickly fills with concerned emails highlighting rising costs, delayed materials, and your teams urgent efforts to assess the situation and determine the next steps. manufacturer I know saw their import costs jump overnight, forcing a rethink of a decade-old sourcing strategy. For example, U.S.-based

Price Reduction 241

Price Reduction Material Savings Cost Reduction Strategies Waste Reduction 241

Logistics Viewpoints

APRIL 24, 2025

Businesses are facing greater volatility as tariff changes wreak havoc on supply chains, operational costs, and overall profitability. In addition, remaining proactive through supply chain diversification, accurate tariff classification, and strategic supplier negotiations further empowers businesses to adapt to changing trade policies.

Sourcing Strategies 263

Sourcing Strategies Global Negotiating Skills Supply Chain Planning Software 263

SCMDOJO

JANUARY 9, 2025

Strategic sourcing and innovative solutions are often viewed as two distinct procurement tools, but they should not be seen in isolation. Strategic Sourcing: The Foundation of Effective Procurement Strategic sourcing is far more than simply choosing suppliers. Done well, it can become a key driver of competitive advantage.

Optimal Sourcing 96

Optimal Sourcing Manufacturing Procurement Procurement Solutions Negotiating Skills 96

SCMDOJO

MARCH 12, 2025

Introduction Negotiation is at the heart of supply chain management. Richard Todd , a negotiation expert describes a successful negotiation as one that requires understanding not just what is needed from a supplier but also what the supplier needs from us.

Negotiating Skills 52

Negotiating Skills Negotiate Pricing Price Reduction Cost Reduction Strategies 52

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. Ready to Transform Your Freight Operations?

Optimal Sourcing 227

Optimal Sourcing Benchmarking Manufacturing Procurement Procurement 227

Logistics Viewpoints

APRIL 14, 2025

Rather than acting as a full replacement for human decision-making, AI is being implemented in targeted areas where large data volumes, repeatable processes, and pattern recognition enable meaningful gains in accuracy, speed, and cost efficiency. These systems can adjust plans mid-route in response to delays or congestion.

Optimal Sourcing 248

Optimal Sourcing Supply Chain Software Supply Chain Planning Software Supply Chain Design Software 248

Procurement Academy

APRIL 10, 2025

Recent and proposed tariff changes are reshaping the landscape at a rapid speed, putting supply chain leaders on high alert and forcing businesses to rethink sourcing strategies, supplier relationships, and cost structures. A highly skilled supply chain workforce is critical to responding quickly and strategically to disruption.

Negotiating Skills 71

Negotiating Skills Buyer Training Agile and Lean Supply Chain Purchasing Training 71

Logistics Viewpoints

MAY 5, 2025

By gaining more insight on the environmental impact of their logistics operations, businesses can find ways to reduce cost, improve accountability for logistics service providers transportation emissions, and target specific inefficiencies for improvement.

Logistics Network Optimization Software 249

Logistics Network Optimization Software Rail Software Supply Chain Network Software Optimization Software 249

Logistics Viewpoints

MARCH 3, 2025

Knowledge Graphs are emerging as an important tool for building advanced AI capabilities. These agents can communicate, negotiate, and collaborate to solve complex problems. This, Mr. Al Syed said, is key in moving from an incremental application ROI to bigger, more strategic forms of value creation. Data governance is critical.

Negotiating Skills 200

Negotiating Skills Supply Chain Design Software Modeling Software Supply Chain Planning Software 200

Procurement Academy

FEBRUARY 13, 2025

Increased globalization, constant digital transformation, and ever-evolving consumer demands have led to a situation where traditional supply chain skills are simply no longer enough for success. There is now a pressing need for supply chain professionals to acquire and develop new skills that are better suited to modern organizations.

Negotiating Skills 52

Negotiating Skills Optimal Sourcing Buyer Training Supply Chain Planning Software 52

SCMDOJO

DECEMBER 29, 2024

Dive into our curated list of the top 12 blogs from 2024 that will elevate your supply chain knowledge and give you a competitive edge. However, it covers key differences between purchasing and procurement, explores common contract types, and emphasizes the importance of strategic sourcing, supplier relationships, and risk management.

Negotiating Skills 87

Negotiating Skills Purchasing Skills Purchasing Training Buyer Training 87

Jaggaer

FEBRUARY 5, 2025

What Is Strategic Sourcing? A Complete Guide Strategic sourcing is a data-driven approach to securing the best value for your organization from its strategic suppliers. It is called strategic because it replaces traditional ad hoc approaches to sourcing, which were almost entirely focused on cost savings, item by item.

Negotiating Skills 52

Negotiating Skills Sourcing Strategies Purchasing Skills Optimal Sourcing 52

ivalua

FEBRUARY 10, 2023

One way of doing this is by leveraging Source-to-Pay (S2P) solutions, which can provide procurement with the tools needed to manage their supplier relationships and identify opportunities for cost savings. Let’s explore further.

Sourcing Strategies 264

Sourcing Strategies Price Reduction Purchasing Skills Manufacturing Procurement 264

Freightos

APRIL 29, 2025

Our data showed that over 90% of enterprise shippers had to reroute shipments during this period, with an average cost increase of 35% per container. That’s over 1,100 hours annually that could be redirected to strategic initiatives. Rate sheets become obsolete almost as soon as they’re negotiated.

Supply Chain Design Software 227

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Network Software 227

Logistics Viewpoints

MAY 12, 2025

Provisions for Further Negotiation In addition to the temporary tariff reductions, the agreement establishes a working mechanism to continue technical consultations. In the U.S., companies accelerated shipments to avoid tariff increases, leading to short-term logistical bottlenecks. In China, a decline in exports to the U.S.

Cost Reduction Strategies 222

Cost Reduction Strategies China United States Negotiating Skills 222

Precoro

DECEMBER 24, 2024

While procurement teams have long worked to add strategic value, Artificial Intelligence (AI) amplifies their impact. For example, AI can spot recurring or unnecessary costs, detect maverick spending (when employees purchase outside of approved channels), and identify opportunities for cost savings based on historical spending patterns.

Price Reduction 105

Price Reduction Sourcing Strategies Cost Reduction Strategies Expense Reduction 105

Procurement Academy

FEBRUARY 4, 2025

Modern procurement professionals need to be among some of the most highly skilled workers in any organization, and we want to help you identify exactly what essential procurement skills you need to lead your team as the industry continues to grow and evolve.

Negotiating Skills 59

Negotiating Skills Purchasing Skills Buyer Training Optimal Sourcing 59

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 93

Supply Chain Planning Software Analytics Software Forecasting Software Predictive Analytics Software 93

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. SCMDOJO offers a diverse range of courses to cater to various learning needs. Here are 10 of their top-rated courses: 1.

Optimal Sourcing 98

Optimal Sourcing Course Negotiating Skills Purchasing Skills 98

Logistics Viewpoints

MAY 16, 2025

India and the UK Agree on a Historic Free Trade Agreement After over three years of negotiations, India and the United Kingdom have formally agreed to a Free Trade Agreement (FTA), marking a major milestone in their bilateral relations. Finally, for the first time, BYD has outsold Toyota in the first 4 months of 2025.

Price Reduction 165

Price Reduction Expense Reduction United Kingdom Supply Chain Planning Software 165

Jaggaer

APRIL 3, 2025

A July 2024 Gartner survey also found that 72% of procurement leaders are focusing on incorporating generative AI, anticipating a shift towards strategic decision-making and innovation. Procurement leaders recognize the imperative in front of them, but what does it mean for the future skills profile of the profession?

Negotiating Skills 52

Negotiating Skills Buyer Training Optimal Sourcing Negotiate Pricing 52

SCMDOJO

MARCH 24, 2025

Introduction Gardner, (1954) and Huntzinger, (2007) define Purchase price variance (PPV) as a metric used to measure the effectiveness of cost-saving efforts by calculating the difference between the planned cost (standard pricing) allocated for purchasing activities and the actual cost incurred.

Purchasing Skills 56

Purchasing Skills Negotiating Skills Negotiate Pricing Procurement Analytics 56

Freightos

AUGUST 10, 2024

Like many, I envisioned substantial cost savings and productivity boosts for the logistics industry, which is often hampered by non-standardized formats and requires high adaptability. In logistics, the cost of an error or exception is always where problems start to balloon. Again, this takes careful and meticulous training.

Logistics Network Optimization Software 268

Logistics Network Optimization Software Modeling Software Supply Chain Planning Software Supply Chain Software 268

Jaggaer

FEBRUARY 5, 2025

Strategic Sourcing Success: Best Practices and Key Strategies Of course, there are many definition s of source-to-pay but put simply, strategic sourcing is a data-driven approach to securing the best value for your organization from its strategic suppliers. How Has Strategic Sourcing Evolved?

Negotiating Skills 52

Negotiating Skills Purchasing Skills Sourcing Strategies Optimal Sourcing 52

The Logistics of Logistics

MARCH 29, 2023

Matt is the VP of Strategic Partnerships with Greenscreens.ai , a technology that provides predictive pricing recommendations for maximum broker margins. About Matt Silver Matt Silver is the VP of Strategic Partnerships with Greenscreens.ai. Pricing that is more accurate and more likely to win profitable business.

Negotiating Skills 246

Negotiating Skills Logistics Network Optimization Software Predictive Analytics Software Supply Chain Network Software 246

Logistics Viewpoints

JULY 8, 2024

In the first year after Uber negotiated new rates, KRONOS saved close to 20% on transportation. The post KRONOS Worldwide Improves Service and Reduces Costs with Managed Trans appeared first on Logistics Viewpoints. In the following years, savings ranged from 4-5%.

Cost Reduction Strategies 311

Cost Reduction Strategies Optimal Sourcing Resource Reduction Negotiating Skills 311

Jaggaer

FEBRUARY 5, 2025

Strategic Sourcing Simplified: Best Practices for Maximizing Value Strategic sourcing goes beyond cost savings its about making informed decisions that drive long-term value. Since reverse auctions focus heavily on price competitiveness, this can be easily done with sourcing software tools.

Sourcing Strategies 52

Sourcing Strategies Negotiating Skills Optimal Sourcing Price Reduction 52

The Logistics of Logistics

APRIL 24, 2023

Nick is Co-founder of Sync Logistics Training is a joint venture between Metafora + Kinetic, a Learning Management Software that gives brokerages the power to transfer years of industry knowledge to new hire employees in an engaging and effective platform. Increase speed of knowledge transfer through engagement.

Negotiating Skills 246

Negotiating Skills Logistics Network Optimization Software Supply Chain Design Software Pricing Training 246

The Logistics & Supply Chain Management Society

MAY 2, 2025

Steep decline of Brent crude on bunker costs and its impact on freight Whether you are looking to protect margins, negotiate smarter, or stay ahead of market shifts, this session will equip you with Ocean freight insights and strategies you need to move forward with confidence. tariffs are reshaping freight.

Price Reduction 130

Price Reduction Cost Reduction Strategies Supply Chain Strategy Negotiating Skills 130

SCMDOJO

APRIL 3, 2025

They affect trade by increasing costs and changing trade routes. They can raise consumer prices, reduce imports, change trade patterns, and cause other countries to retaliate. For businesses, tariffs increase costs, disrupt supply chains, and reduce profits. Can you increase prices for customers? Can you cut other costs?

Negotiating Skills 90

Negotiating Skills Resource Reduction Price Reduction Cost Reduction Strategies 90

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. Ready to Transform Your Freight Operations?

Optimal Sourcing 156

Optimal Sourcing Benchmarking Manufacturing Procurement Procurement 156

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 278

Supply Chain Planning Software Optimization Software Logistics Network Optimization Software Forecasting Software 278

Supply Chain Shaman

FEBRUARY 18, 2021

Re-implement demand planning, trade promotion management, and revenue/price management together to improve the baseline demand signal. Initially, the output was published to procurement to design strategic buying strategies. The focus of the transportation suites was on cost mitigation and price negotiation.

Supply Chain Planning Software 355

Supply Chain Planning Software Supply Chain Design Software Supply and Demand Procurement Analytics 355

The Logistics of Logistics

AUGUST 21, 2023

Richard is Vice President of Strategic Accounts at Intelligent Audit , a cutting-edge logistics and supply chain technology company, dedicated to revolutionizing how businesses manage their shipping and transportation processes. Greenscreens.ai’s dynamic pricing infrastructure built to grow and protect margins. The Greenscreens.ai

Negotiating Skills 246

Negotiating Skills Logistics Network Optimization Software Optimization Software Analytics Software 246

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 317

Negotiating Skills Optimal Sourcing Price Reduction Cost Reduction Strategies 317