The Logistics & Supply Chain Management Society

MARCH 21, 2023

Why Multi-Carrier Parcel Shipping Strategies Are Winning in 2022 by Lindsay Schuemann , Marketing Manager at Enveyo Two years. Better sourcing processes, how to implement omnichannel fulfilment, and creative solutions for labour shortages. They’re shipping companies. The shipping experience now defines the shopping experience.

Cost Reduction Strategies 130

Cost Reduction Strategies Price Reduction Sourcing Strategies Price Mitigation Strategies 130

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

Supply Chain Game Changer

OCTOBER 29, 2020

Do You Have Hidden Freight Costs? Freight sourcing team article and permission to publish here provided by Katharine Barrios at xeneta.com. Freight sourcing and procurement is a critical component of the whole supply chain and is crucial to the success of the business. Market Knowledge. Subscribe Here! Email Address.

Sourcing Strategies 75

Sourcing Strategies Negotiating Skills Optimal Sourcing Negotiate Pricing 75

Unleashed

JANUARY 4, 2024

Product sourcing, done the right way, can set your business up with the foundations needed for achieving maximum sales. This guide will explain how product sourcing works in modern business, best practices for finding suppliers, and list some of the most popular websites and tools for sourcing goods to sell.

Purchasing Skills 52

Purchasing Skills Manufacturing Procurement Optimal Sourcing Sourcing Strategies 52

Precoro

AUGUST 31, 2023

To prepare for possible disruptions and to stay cost-efficient in general, companies should be conscious about their spending at all times, and should avoid paying for the things that don’t contribute to business profitability. Cost savings help a business to stay competitive in the market, boost cash flow, and improve the bottomline.

Material Savings 105

Material Savings Cost Reduction Strategies Expense Reduction Price Reduction 105

Logistics Viewpoints

MARCH 15, 2024

The tolls that ships pay are now around eight times more expensive than normal. Ship operators fear that their crews could be imperiled on the journeys through the Red Sea by missile or drone attacks from a Yemen-based rebel group. One source said that the strategy could be announced Tuesday.

Expense Reduction 230

Expense Reduction Cost Reduction Strategies Price Reduction Negotiating Skills 230

RFgen

MARCH 20, 2023

Automated technologies and mobile inventory management systems can help align teams around a single source of truth when making inventory decisions. Sound purchasing management allows companies to buy goods in an efficient manner, limiting costs and increasing profits. Essential to this process is purchasing.

Sourcing Strategies 52

Sourcing Strategies Negotiating Skills Purchasing Skills Manufacturing Procurement 52

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 250

Freight Negotiating Skills Yemen 250

Supply Chain Game Changer

AUGUST 30, 2022

Many businesses use some form of Total Cost of Ownership model to support their Procurement and sourcing decisions. In fact these models are not just used casually, but they often are designed to inform and make optimal sourcing choices. What is a Total Cost of Ownership Model? But price is ALWAYS included.

Optimal Sourcing 103

Optimal Sourcing Purchasing Skills Manufacturing Procurement Negotiating Skills 103

Locus

JUNE 3, 2022

Source: Statista.com. Transportation was redirected to be used in providing first aid, leading to supply chain bottlenecks, shortages and price hikes. The latter was so severe that cargo ships had to run at half their usual capacity. Planning : Processes are designed to reduce emissions and meet demand with ethical sourcing.

Negotiating Skills 52

Negotiating Skills Negotiate Pricing Purchasing Skills Optimal Sourcing 52

SCMDOJO

MARCH 19, 2024

In essence, a structured supply chain department as described in the blog can help you deliver the right supply chain strategy and goals which helps cost reduction, improve customer service, on-time delivery, and better working capital. Procurement Procurement involves sourcing and acquiring the materials or products needed for production.

Optimal Sourcing 74

Optimal Sourcing Supply Chain Planning Software Negotiating Skills Material Savings 74

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 190

Chad Logistics Network Optimization Software Supply Chain Design Software Supply Chain Planning Software 190

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 240

Logistics Network Optimization Software Analytics Software Supply Chain Planning Software Supply Chain Network Software 240

SCMDOJO

MARCH 25, 2024

As businesses continue to globalize and markets become increasingly interconnected, the demand for skilled supply chain professionals is rising. Pursuing a degree in these areas will equip you with the fundamental knowledge of supply chain principles, such as procurement, inventory management, logistics, and operations strategy.

Negotiating Skills 85

Negotiating Skills Supply Chain Software Supply Chain Network Software Analytics Software 85

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

Unleashed

OCTOBER 12, 2022

But what does ERP cost for an SME? On average SMEs should expect the monthly, per-user cost of cloud-based ERP to be US$114. Keep reading to learn more about how the costs of ERP break down, what ERP could do for you, and whether there are more cost-effective alternatives. HR, including onboarding and payroll.

Purchasing Skills 98

Purchasing Skills Negotiating Skills Inventory Management Software Pricing Training 98

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 Material Savings Procurement 100

AFFLINK

AUGUST 28, 2019

The more you can cut your supply chain costs, the more you can cut your overhead; the more you can cut your overhead, the higher the return on your investments. Start with these five important tips to reduce the cost of your hotel hospitality supplies. Keep up with pricing changes and negotiate! But today, there could be.

Negotiating Skills 80

Negotiating Skills Cost Reduction Strategies Purchasing Skills Vendor Strategies 80

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 249

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Pharmaceutical 249

SCMDOJO

NOVEMBER 2, 2023

To accomplish this, you require the skills of supply chain experts who can manage the complexity and difficulties of today’s global supply chains. These professionals have a plethora of expertise and knowledge to assist your business succeed in supply chain management. They come from a variety of backgrounds. With a Ph.D.

Supply Chain Design Software 59

Supply Chain Design Software Negotiating Skills Optimal Sourcing Supply Chain Planning Software 59

EC Sourcing Group

DECEMBER 1, 2021

Demystifying Transportation Sourcing. If you are like me, transportation sourcing is a mind boggling and complex field. This article is about creating value in transportation sourcing. This article is about creating value in transportation sourcing. Applying sound sourcing principles will enable you to unlock value.

Optimal Sourcing 52

Optimal Sourcing Manufacturing Procurement Sourcing Strategies Sourcing 52

Unleashed

AUGUST 28, 2023

The cost of sales is an inventory accounting metric that measures the accumulated costs in getting finished goods to market. It represents your true cost of creating and selling a product. What is cost of sales? Cost of sales is the accrued total of all the costs of supplying a product.

Purchasing Skills 52

Purchasing Skills Negotiating Skills Cost Reduction Strategies Examples 52

Unleashed

JUNE 8, 2023

Procurement is the process of sourcing suppliers , negotiating sales terms, and purchasing the goods a company needs to run its daily operations. They’re also the ones that source those suppliers and speak to them on behalf of the purchasing company. In this guide to procurement: What is procurement?

Procurement Solutions 52

Procurement Solutions Sourcing Strategies Vendor Strategies Material Savings 52

EC Sourcing Group

SEPTEMBER 2, 2021

Demystifying Transportation Sourcing. If you are like me, transportation sourcing is a mind boggling and complex field. This article is about creating value in transportation sourcing. This article is about creating value in transportation sourcing. Applying sound sourcing principles will enable you to unlock value.

Optimal Sourcing 52

Optimal Sourcing Manufacturing Procurement Sourcing Strategies Sourcing 52

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 238

Logistics Network Optimization Software Modeling Software Supply Chain Network Software Supply Chain Design Software 238

Logistics Viewpoints

JULY 8, 2022

Nintendo is having negotiations on procurement, but the outlook is uncertain. This is another example of how businesses are looking to offset rising costs for things such as transportation and fuel. The collect pickup charge is calculated as a percentage of the cost of goods received by Walmart, the memo said. 1, said the memo.

Negotiating Skills 204

Negotiating Skills Negotiate Pricing Logistics Network Optimization Software Los Angeles 204

GlobalTranz

SEPTEMBER 23, 2021

Port backlogs, cargo limitations on container ships, and a lack of available equipment and port facility staffing.? Such congestion naturally leads to bottlenecks in planning drayage and eventual increases in the total cost of shipping, not to mention an added strain on trucking as the bottlenecks grow.? According to the?

Prescriptive Analytics Software 308

Prescriptive Analytics Software Optimal Sourcing Pricing Training Negotiating Skills 308

SCMDOJO

JANUARY 17, 2024

They are in charge of purchasing, procurement, and sourcing. Their ability to balance cost, quality, and supply chain sustainability directly impacts the overall success of the organization. Their role involves sourcing and purchasing high-quality products at competitive prices.

Negotiating Skills 69

Negotiating Skills Purchasing Skills Optimal Sourcing Manufacturing Procurement 69

The Logistics & Supply Chain Management Society

OCTOBER 15, 2023

The Approach to Effective Freight Procurement by LSCMS Shippers’ Council Container shipping procurement faces a multitude of challenges shaped by global events, industry shifts, environmental mandates, and technological advancements. To thrive in this ever-evolving landscape, shippers must embrace a flexible and responsive approach.

Optimal Sourcing 130

Optimal Sourcing Procurement Sourcing Strategies Freight 130

Supply Chain Game Changer

MAY 19, 2022

With supply chain disruptions, low capacity, and skyrocketing fuel costs, manufacturers and shippers are facing monumental hurdles. Fortunately, strategic planning can help you deliver your land cargo on-time , despite the abundant labor shortages. Fuel prices are also rising, increasing the price of goods and shipping prices.

Negotiating Skills 95

Negotiating Skills Purchasing Skills Cargo Negotiate Pricing 95

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 278

Supply Chain Design Software Supply Chain Planning Software Sourcing Strategies Supply and Demand 278

Supply Chain Shaman

NOVEMBER 29, 2021

With availability assumed, the traditional focus of supply chain practices was on negotiating the lowest price. Shippers pushed cost and waste backward in the supply chain. Changes in Chinese policies for data sharing change the availability of ocean shipping data. Supply Chain Variability is low and controllable.

Supply Chain Planning Software 276

Supply Chain Planning Software Modeling Supply Chain Optimization Supply Chain Software 276

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 201

Supply Chain Planning Software Supply Chain Planning Procurement Solutions Scenario Planning 201

Supply Chain Insights

JUNE 8, 2017

The old saying, “The best price is the right price” ranks in my book right up there with another old saying, “Thanks for sharing!” Well at least making sure your product is priced right IS a profound requirement. There is no correlation to a near real-time price impact, so how can that be sufficient? BUCKING THE TREND.

Optimal Sourcing 110

Optimal Sourcing Negotiating Skills Optimization Software Modeling 110

Intelligent Audit

SEPTEMBER 28, 2021

Shippers regularly spend up to 10 percent of gross expenses on transportation spend management and related shipping expenses. Aside from labor costs and freight payments , transportation and logistics management—including paying carriers and sending freight—can eat up budgets and add to fees. Internal shipping data is great.

Negotiating Skills 52

Negotiating Skills Optimal Sourcing Supply Chain Design Software Transportation 52

QAD

JANUARY 19, 2023

Used to cut costs and maximize efficiency, supply chain trends cater to every business. E-commerce brands must oversee design, manufacturing, sourcing, warehouse inventory, shipping and delivery. Sourcing – Collaboration starts by selecting suppliers to produce items or services.

Supply Chain Planning Software 95

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 95

Supply Chain Shaman

NOVEMBER 29, 2021

With availability assumed, the traditional focus of supply chain practices was on negotiating the lowest price. Shippers pushed cost and waste backward in the supply chain. Changes in Chinese policies for data sharing change the availability of ocean shipping data. Supply Chain Variability is low and controllable.

Supply Chain Planning Software 264

Supply Chain Planning Software Modeling Supply Chain Optimization Supply Chain Software 264