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Optimize Your Freight Spend Without Negotiation

Talking Logistics

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.

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6 Shipping Contract Negotiations Tips You Shouldn’t Ignore

Intelligent Audit

Achieving that goal comes down to how effective one is with shipping contract negotiations. According to The Balance Small Business, several vital factors can directly impact shipping contract agreements and negotiations. The following essential tips can make shipping contract negotiations more accessible and more efficient.

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6 Tips for Negotiating Small Parcel Contracts

Intelligent Audit

Optimizing transportation spend management , especially within parcel shipping, comes down to effective contract negotiations. As a result, proactive supply chain controls and savvy business owners should keep these added costs and the details of their carrier contracts top of mind. What are your top pick-up and delivery cities?

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This Week in Logistics News (May 25 – 31)

Logistics Viewpoints

The e-commerce market leader is buying up industrial property and restructuring its sprawling distribution network as it looks to speed up package delivery and cut shipping costs. The changes are aimed at setting up Amazon to better compete with the nation’s largest retailer, Walmart, and low-price online upstarts Shein and Temu.

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Decoding the Procurement Department: A Comprehensive Guide to Roles and Responsibilities

SCMDOJO

[Read More: Top 16 Procurement KPIs – The Ultimate Guide ] Key Takeaways The procurement department is critical to an organization, obtaining quality goods and services at competitive prices while ensuring the organization’s resources are needed to succeed.

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Cost to Serve Analysis—And the Costs of Neglecting It

Logistics Bureau

Have you conducted a cost-to-serve (CTS) analysis for your enterprise? And that is the sole purpose of cost-to-serve analysis. If you were going to say, “What is a cost-to-serve analysis?” When costs begin to spiral out of control, the result is usually a loss of revenue in proportion to sales.

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The Impact of Employee Skill Proficiency on Business, Innovation, and Supply Chain Performance

Procurement Academy

Effective and skilled employees are the backbone of any successful organization. To support these objectives, a comprehensive upskilling program should be front and center as a core part of each employee’s package. Here’s why you need to prioritize skill proficiency to drive business results.