Freightos

JUNE 10, 2025

June 10, 2025 Blog Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) increased 98% to $5,488/FEU. Asia-US East Coast prices (FBX03 Weekly) increased 61% to $6,410/FEU. Europe prices (FBX11 Weekly) increased 17% to $2,757/FEU. America weekly prices fell 1% to $5.27/kg.

Negotiating Skills 177

Negotiating Skills Asia China Price Reduction 177

Freightos

APRIL 23, 2025

It creates a single source of truth for your rate management, automating RFQs and streamlining the entire procurement process. billion rate data points monthly to provide the most comprehensive view of the market, helping you identify savings opportunities and make data-driven decisions.

Optimal Sourcing 156

Optimal Sourcing Benchmarking Manufacturing Procurement Modeling 156

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 96

Negotiating Skills Resource Reduction Price Reduction Cost Reduction Strategies 96

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. Estimating costs is no longer an art of educated guesses, its transformed into precision science. Today though? This is exactly what digital tools are delivering.

Negotiating Skills 59

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

SCMDOJO

JULY 26, 2023

Negotiation, a crucial skill in the realms of business and procurement, demands the ability to remain calm, collected, and confident even in the most challenging situations. Movies, which combine fun and instruction, have a special ability to teach insightful knowledge about the negotiation process.

Negotiating Skills 98

Negotiating Skills Purchasing Training Buyer Training Manufacturing Procurement 98

ShipBob

JUNE 20, 2025

Table of Contents ** Minutes What is product sourcing? Where can I source products from? This makes it essential that buyers understand where they are sourcing their products from and how that ultimately affects their brand. What is product sourcing? Where can I source products from?

Purchasing Skills 64

Purchasing Skills Optimal Sourcing Sourcing Strategies Manufacturing Procurement 64

Supply Chain Opz

JANUARY 7, 2013

To the best of my knowledge, many business schools still use the case study " Apple Computers Supplier Hubs: A Tale of Three Cities " from Stanford University (1996). Interesting point is that Apple Inc has to make the pre-payments to some suppliers to secure the strategic raw materials. 1) Apples Supply Chain Model.

Case Study 279

Case Study Study Negotiating Skills Supply Chain Planning Software 279

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

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

Freightos

DECEMBER 19, 2023

Suez Canal News Update The Suez Canal is a crucial lane for global shipping, with 50-60 vessels of all types transiting each day for about 19,000 per year, including about 30% of global container traffic and more than a million barrels of crude oil per day. Live map of Suez Canal and Red Sea, Dec.

Freight 327

Freight Negotiating Skills Israel Yemen 327

SCMDOJO

DECEMBER 14, 2023

In the global world of businesses, companies often seek help from sourcing agencies to figure out how to get the things they need. But what’s a sourcing agency or sourcing agent and how does it make buying things easier? Let’s explore this world of sourcing agencies and understand what they do.

Purchasing Skills 104

Purchasing Skills Optimal Sourcing Negotiating Skills Sourcing Strategies 104

Freight Plus

JANUARY 15, 2025

Shipping packaging materials comes with its own set of challenges that can disrupt operations and impact profitability. From cost fluctuations to sustainability requirements, understanding and addressing these hurdles is essential for smooth logistics. This is especially true for plastic products, which are under increasing scrutiny.

Material Savings 52

Material Savings Packaging Sourcing Strategies Negotiate Pricing 52

The Logistics of Logistics

FEBRUARY 10, 2023

Chad is the Co-founder and Chief Digital Officer of BoxC , a logistics startup out of 500 Startups Batch 6 that simplifies the complexity of international parcel shipping by bringing together logistics and compliance resources from around the world into a single platform. It’s frictionless. It’s flexible.

Chad 246

Chad Logistics Network Optimization Software Supply Chain Design Software Supply Chain Planning Software 246

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

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. AI agents in project44’s Movement negotiating rates for a shipment.

Supply Chain Design Software 99

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

Talking Logistics

NOVEMBER 12, 2014

There was no pre-established formula to adjust the pricing to account for specification or process changes. There was no pre-established formula to adjust the pricing to account for specification or process changes. To put this figure in perspective, a boule has a cost of less than $20,000.

Negotiate Pricing 188

Negotiate Pricing Negotiating Skills Purchasing Skills Price Reduction 188

SCMDOJO

APRIL 11, 2025

Is inventory bloating your costs? Control Costs: Track value beyond just the purchase price and manage inventory effectively. Struggling with the true cost of ownership or serving your customers? A lower TCO indicates better value sourcing, even if the initial purchase price isn’t the absolute lowest.

Pricing Training 72

Pricing Training Negotiating Skills Purchasing Skills Optimal Sourcing 72

ToolsGroup

JUNE 2, 2023

In this blog post, we’ll explore the challenges of inventory management in today’s manufacturing landscape , discuss the importance of a “single source of truth” for global inventory, and introduce a powerful solution that can help manufacturers transform their operations and drive profitability. How do they achieve this?

Real-time Visibility 294

Real-time Visibility Manufacturing Procurement Optimal Sourcing Inventory Reduction 294

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

SCMDOJO

FEBRUARY 15, 2025

These include alternative sourcing strategies, backup transportation routes, and emergency inventory reserves. Businesses that depend on a single supplier or a limited number of vendors are at higher risk if production delays, raw material shortages, or geopolitical issues impact their primary source.

Supply Chain Planning Software 91

Supply Chain Planning Software Supply Chain Software Modeling Inventory Reduction 91

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

Logistics Viewpoints

JUNE 8, 2021

Today, these legacy retailers and Walgreens in particular stand out from competitors, boasting an increasing array of omnichannel fulfillment options and the ability to deliver orders to customers’ doors faster than ever, even if for a cost. How can we strategically house inventory to better support gig integration?

Supply Chain Network Software 307

Supply Chain Network Software Supply Chain Planning Software Retail Logistics Network Optimization Software 307

The Logistics of Logistics

AUGUST 28, 2023

Established in 1978, DAT established itself as the go-to source for industry trends and market intelligence for transportation brokers, carriers, shippers, news outlets, and industry analysts. Tusk save Shippers 40% or more on small parcel shipping. Greenscreens.ai’s dynamic pricing infrastructure built to grow and protect margins.

Logistics Network Optimization Software 264

Logistics Network Optimization Software Analytics Software Supply Chain Planning Software Supply Chain Network Software 264

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

Logistics Viewpoints

AUGUST 16, 2024

The international inbound transportation service is only available to Walmart Fulfillment Services (WFS) sellers that source or manufacture goods in China, and all cargo must be shipped from Yantian, Shanghai, or Ningbo ports. And with that, I bid you adieu, and let’s move on to this week’s logistics news. Cargo imported into the U.S.

Logistics Network Optimization Software 300

Logistics Network Optimization Software Los Angeles Logistics Long Beach 300

GlobalTranz

DECEMBER 18, 2014

By adopting a logistics efficiency management approach, logistics related costs as a percentage of sales drops to 4% to 7% depending on industry sector. But, the bottom line is that when you outsource to an expert logistics provider, you will realize logistics efficiency, and thus total costs savings. That’s a delta of 5% to 7%.

Manufacturing Procurement 309

Manufacturing Procurement Manufacturing Purchasing Skills Sourcing Strategies 309

Logistics Viewpoints

DECEMBER 12, 2022

They source plastic pellets and then use injection, blow molding, rotational molding, and thermoforming to produce their finished products. Getting independent business units to operate in a centralized supply chain structure would allow the company to have better leverage in procurement negotiations. Mr. Morgan said. “So,

Supply Chain Planning Software 261

Supply Chain Planning Software Supply Chain Planning Procurement Solutions Scenario Planning 261

The Logistics & Supply Chain Management Society

AUGUST 14, 2023

Ocean Risk Management part 2: Navigating Global Shipping Alliance The shipping industry continues to evolve. While GSAs can provide benefits such as cost savings and increased efficiency, they also introduce new risks and challenges for shippers. How alliances in the shipping industry might impact shippers?

Risk Management 130

Risk Management Negotiating Skills Vendor Strategies Resource Reduction 130

Logistics Viewpoints

MAY 6, 2022

While all of this technology sounds pretty amazing, it should be said that this type of performance comes with a price tag. The Czinger 21C costs $1.7 Empty shipping containers stack up at US port depots. Thankfully, for McCormick, no one raw material makes up more than 5 percent of its total cost of goods sold.

Logistics Network Optimization Software 261

Logistics Network Optimization Software Negotiating Skills Manufacturing Procurement Negotiate Pricing 261

The Logistics of Logistics

APRIL 14, 2023

By reducing customer acquisition costs, lowering shipping fees, and increasing customer lifetime value, Bulu has created a proven model for brand growth. With a focus on reducing costs, increasing customer engagement, and providing a comprehensive solution, Bulu is well-positioned to help businesses of all sizes succeed.

Logistics Network Optimization Software 264

Logistics Network Optimization Software Modeling Software Supply Chain Network Software Supply Chain Design Software 264

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

Logility

MAY 25, 2022

Supply chain organizations are now caught in the clutches of a global economy creaking beneath the weight of cargo embargoes, labor shortages, jammed ports and shipping lanes, and a pandemic that continues to evolve. A digital supply chain platform enables these interactions between planning, sourcing, and procurement ?

Optimal Sourcing 130

Optimal Sourcing Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software 130

Cathy Roberson

MAY 25, 2025

Reported May 20 Let me take a moment to comment on our global sourcing strategy. Today, more than 50% of our purchases are sourced in the United States. During that period, the vast majority of our supplier partners developed diversified sourcing strategies across several countries, including the United States.

Purchasing Skills 67

Purchasing Skills Negotiating Skills Price Reduction Vendor Strategies 67

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

SCMDOJO

MAY 30, 2025

Sourcing raw materials from Asia, coordinating freight with European logistics providers, or navigating distribution networks in the Americas cross-border operations rely on effective communication to make them happen. Procurement staff must send alternate sourcing orders. Logistics coordinators will need to reroute deliveries.

Supply Chain Planning Software 59

Supply Chain Planning Software Supply Chain Software Negotiating Skills Modeling Software 59

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

Logistics Viewpoints

FEBRUARY 26, 2024

Cooper successfully coped with the crisis, but the high costs they had to pay for critical supplies and the late nights searching for those supplies convinced the organization that there had to be a better way. But there was a cost to this. It required “being up all night on the phone with people around the world.

Supply Chain Planning Software 307

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Pharmaceutical 307