Logistics Viewpoints

MARCH 4, 2025

The 25% tariffs on Canadian and Mexican imports and 20% tariffs on Chinese goods are expected to increase production costs, disrupt logistics networks, and force companies to rethink supply chains. Vehicle production costs in the U.S. Negotiating supplier contracts for localized parts production in the U.S.

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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 220

Price Reduction Material Savings Cost Reduction Strategies Waste Reduction 220

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

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 98

Optimal Sourcing Manufacturing Procurement Procurement Solutions Negotiating Skills 98

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

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 95

Negotiating Skills Purchasing Skills Purchasing Training Buyer Training 95

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.

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Purchasing Skills Negotiating Skills Negotiate Pricing Procurement Analytics 68

Supply Chain Matters

OCTOBER 10, 2024

It has been 27 days since workers represented by the IAM labor union rejected a prior tentative contract offer that had been negotiated. John Holden, the lead negotiator representing IAM in these contract talks, indicated to Reuters that striking workers were prepared to wait out the plane maker.

Negotiating Skills 52

Negotiating Skills Buyer Training Manufacturing Procurement Expense Reduction 52

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 190

Negotiating Skills Supply Chain Design Software Modeling Software Supply Chain Planning Software 190

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

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.

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Sourcing Strategies Price Reduction Purchasing Skills Manufacturing Procurement 264

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

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.

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

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

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?

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Negotiating Skills Resource Reduction Price Reduction Cost Reduction Strategies 96

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

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 156

Optimal Sourcing Supply Chain Software Supply Chain Planning Software Supply Chain Design Software 156

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

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.

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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

DELMIA Quintiq

NOVEMBER 17, 2020

Supply chain optimization is essential to achieve this and can help tire manufacturing companies deliver significant reductions in supply chain costs and improvements in service levels. Accomplish operational excellence and higher production quality while reducing costs, leveraging Manufacturing Operations Management (MOM).

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Optimal Sourcing Manufacturing Procurement Supply Chain Optimization Supply Chain Planning Software 296

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%.

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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

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.

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

Precoro

MARCH 27, 2025

Rising costs, supply chain chaos, and economic swings put businesses under enormous pressure to protect their margins. According to McKinsey & Company, procurement accounts for 50% to 80% of a company’s cost base. That’s why organizations zero in on strategies to achieve procurement cost reduction. 

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Cost Reduction Strategies Price Reduction Expense Reduction Vendor Strategies 45

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.

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Negotiating Skills Optimal Sourcing Price Reduction Cost Reduction Strategies 317

Logistics Bureau

JANUARY 7, 2025

Think of volume leverage like having a stronger negotiating position when you’re dealing with larger quantities. Here’s where it gets interesting – volume leverage isn’t just about getting better prices (though that’s certainly part of it).

Negotiating Skills 74

Negotiating Skills Expense Reduction Price Reduction Cost Reduction Strategies 74

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

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. truck, rail, air, sea) to identify the most cost-effective options.

Inventory Reduction 98

Inventory Reduction Negotiating Skills Cost Reduction Strategies Waste Reduction 98

SCMDOJO

FEBRUARY 5, 2025

The world of procurement is constantly evolving, demanding professionals with the right skills and knowledge. Comprehensive Curriculum: MCIPS covers a broad spectrum of topics, from procurement principles and strategies to contract management, negotiation, and ethical considerations.

Negotiating Skills 58

Negotiating Skills Procurement Solutions Optimal Sourcing Purchasing Skills 58

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. They also continuously track supplier performance.

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Pricing Training Expense Reduction Price Reduction Purchasing Training 105

Logistics Viewpoints

MARCH 3, 2021

Many shippers are tough negotiators who work diligently to drive down carrier rates. While rates and costs are top of mind, sourcing and capturing capacity is the first priority in many industries.” In short, partners that can help shippers capture capacity have become more “strategic.”. Managed Trans is Strategic.

Logistics Network Optimization Software 290

Logistics Network Optimization Software Negotiating Skills Negotiate Pricing Report 290

QAD

APRIL 3, 2025

These digital platforms have revolutionized how businesses approach sourcing by enhancing efficiency, reducing costs and fostering better supplier relationships. The Benefits of Digital Sourcing E-sourcing applications provide a digital framework for managing procurement activities, particularly those that are complex and strategic.

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Optimal Sourcing Sourcing Strategies Negotiating Skills Sourcing 52