Locus

DECEMBER 7, 2021

They have started earmarking their investments for food supply chain networks since the pandemic. Presently, their major focus lies on local production, warehousing and strategic sourcing. Major supply chain risks in the Middle East. Transportation: Trade routes blockage – Congestion at ports.

Supply Chain Disruption 52

Supply Chain Disruption Optimal Sourcing Modeling Supply Chain Planning Software 52

Supply Chain Matters

SEPTEMBER 11, 2023

This week, the lens of labor activism in the form of labor contract renewal negotiations turns the spotlight to three U.S. The publication cites a Wells Fargo equity analyst estimate that if all of the UAW asks were granted, “ labor costs for Detroit companies would soar from $66 per hour to $136 per hour.” per hour or $9,000.

Negotiating Skills 59

Negotiating Skills Negotiate Pricing Pricing Training Purchasing Training 59

Supply Chain Matters

FEBRUARY 23, 2023

Supply Chain Matters highlights the increasing realities of declining global trade and freight rates that are occurring in the first-half of 2023. Background Global wide transportation and logistics costs increased at unprecedented rates during 2021 and 2022. billion in 2022, the company estimated.”

Negotiating Skills 52

Negotiating Skills Inventory Reduction Price Reduction Cost Reduction Strategies 52

Supply Chain Matters

FEBRUARY 12, 2024

Such activism was demonstrated in labor contract negotiations, more aggressive tactics on the part of labor unions, and in actual strike actions. With government trade policies favoring more domestic sourcing of deemed strategic supply networks such as semiconductor devices, there are already indications across the U.S.

Negotiating Skills 59

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

Precoro

SEPTEMBER 6, 2021

Read on to find: Sourcing vs. procurement: key differences Sourcing and procurement: processes’ overview How strategic sourcing influences your business Sourcing and procurement: a detailed comparison How to coordinate sourcing and procurement processes Recent trends in sourcing and procurement Sourcing and Procurement Compared.

Optimal Sourcing 97

Optimal Sourcing Manufacturing Procurement Purchasing Skills Procurement Solutions 97

The Logistics & Supply Chain Management Society

OCTOBER 15, 2023

It serves as the compass guiding shippers toward efficient, economical, and dependable cargo transport. By crafting a well-defined strategy, businesses can mitigate transportation costs, mitigate supply chain disruptions, and uphold customer satisfaction. Local Charges – Agreement and Tenure.

Optimal Sourcing 130

Optimal Sourcing Procurement Sourcing Strategies Freight 130

ModusLink Corporation

OCTOBER 16, 2023

3PL in Modern Supply Chains Introduction In today’s rapidly evolving global business landscape, supply chain management has become more complex than ever. Companies face the challenge of meeting customer demands for faster delivery, maintaining cost efficiency, and adapting to ever-changing market dynamics.

3PL 78

3PL Supply Chain Planning Software Negotiating Skills Modeling 78

Ware2Go

JUNE 20, 2023

In this age of globalization, using ocean freight to transport goods is increasingly important to emerging brands. In September of 2021, shipping prices between China and LA jumped a staggering 500% YoY due to congestion and lack of shipping containers. These costs include: labor, energy, and materials.

Negotiating Skills 98

Negotiating Skills Supply Chain Planning Software Supply Chain Planning Freight 98

Supply Chain Matters

JULY 21, 2023

UPS Labor Contract Negotiations to Resume After labor contract renewal negotiations stalled earlier this month , parcel carrier and logistics services provider UPS and the International Brotherhood of Teamsters representing upwards of 330,000 workers, are planning to return to the bargaining table next week to hash out the remaining issue of wages.

Negotiating Skills 52

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Supply Chain Matters

OCTOBER 30, 2023

The report further indicates that when ratified, total pay hikes of more than 30 percent are expected when cost-of-living increases are factored and compounded. As Reuters has indicated in its reporting: “ when the recently negotiated UPS labor agreement expires in 2028, the average full-time U.S. based automakers.

Negotiating Skills 59

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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 Planning Software 279

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Logistics Viewpoints

MARCH 2, 2023

HBR also cites technology’s ability to cut costs and to make “companies more agile and therefore better able to handle […] uncertainty and rapid change.” Once that’s in place, CFOs will notice: Improved margin by lowering your cost of goods sold.

Waste Reduction 200

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American Global Logistics

MARCH 5, 2024

Shipping delays and increased costs have led to higher prices for goods. This has caused disruptive issues for businesses and consumers. has been working to negotiate a ceasefire in Yemen. Delays have led to higher costs for goods. Now, we have growing demands for steps to redress this serious disruption.

Supply Chain Planning Software 52

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Supply Chain Matters

SEPTEMBER 23, 2022

In two years, some of this carrier’s customers will be dealing with upwards of a 15 plus percentage cost increases for parcel shipping costs over that time period. billion in annual cost savings for the fiscal year from the cutback plans announced last week. billion and $2.7

Cost Reduction Strategies 52

Cost Reduction Strategies Negotiating Skills Capacity Expense Reduction 52

SCMDOJO

AUGUST 16, 2023

Among these strategies, the role of supply chain capability stands out as a key factor in driving success. A well-optimized supply chain not only ensures efficient delivery and cost-effectiveness but also provides companies with a competitive advantage in the market.

Inventory Reduction 77

Inventory Reduction Vendor Strategies Supply Chain Planning Software Price Reduction 77

ToolsGroup

JUNE 27, 2022

Balanced integration is pretty rare due to the high costs required for multiple acquisitions. Manage disruptions more efficiently. Reduce transportation costs by placing factories in optimal locations, depending on raw material and consumer locations. Mitigate supply chain shortages. Economies of Scale.

Price Reduction 156

Price Reduction Cost Reduction Strategies Material Savings Supply Chain Planning Software 156

Supply Chain Trend

AUGUST 13, 2020

On the other hand, augmentation — expanding supply chain knowledge with insights, predictions, and recommendations — maintains human centricity in the decision- making process. Autonomous – third wave – integrated supply-planning software will serve to enhance planning cycles.

Supply Chain Software 147

Supply Chain Software Supply Chain Planning Software Supply Chain Design Software Forecasting Software 147

Supply Chain Matters

APRIL 20, 2023

Background In prior Supply Chain Matters postings, we have updated readers on global parcel transportation and logistics carrier FedEx’s ongoing business restructuring effort s. The established goal is to save $4 billion in costs fiscal 2025, and a cumulative $6 billion in costs by 2027. Under the U.S.

Negotiating Skills 52

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Supply Chain Matters

MAY 22, 2023

Transportation prices reportedly contracted for the tenth consecutive month, but authors pointed to a lessened rate in the April data. surveys both indicated that businesses are reluctant to place new orders amid higher material prices and continued economic uncertainty. remains unclear. The two U.S. East Coast ports.

Negotiating Skills 52

Negotiating Skills Inventory Reduction Cost Reduction Strategies Price Reduction 52

Ware2Go

OCTOBER 22, 2021

Learn how to mitigate and avoid dead stock through strategic warehousing and inventory management to lower fixed costs, combat supply chain disruptions, and overcome current peak season challenges. Within the retail industry alone, estimates indicate that dead inventory costs nearly $50 billion year-over-year.

Inventory Reduction 98

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Supply Chain Matters

JUNE 29, 2023

As July 1 approaches there is yet another potential disruption, this time involving major Canadian West Coast ports, including those of Vancouver and Price Rupert. Reportedly, issues relate to wages and inflation’s impact on the current high cost of living, automation and independent contractor work. bound container movements.

Negotiating Skills 52

Negotiating Skills Canada Supply Chain Software Logistics Network Optimization Software 52

Supply Chain Matters

JULY 7, 2023

Both metrics contributed to the overall contraction in the LMI along with contracting price levels for transportation. Similar trends were highlighted in our Supply Chain Matters summary of the May 2023 LMI report. Transportation utilization reportedly dipped a hefty 9.5 Jason Price, Senior Research Director , U.S.

Negotiating Skills 52

Negotiating Skills Logistics Network Optimization Software Inventory Reduction Negotiate Pricing 52

Supply Chain Game Changer

DECEMBER 17, 2020

According to Steele’s Transportation Group , freight management services help companies more efficiently move freight from one point to an end destination. This cost-effective, strategic process involves the use of a variety of transportation modes, technologies and intermediaries.

Logistics Network Optimization Software 78

Logistics Network Optimization Software Freight Expense Reduction Cost Reduction Strategies 78

Ware2Go

JANUARY 10, 2022

Should you change your supply chain procurement strategy in light of continuing supply chain disruptions? Counting the Costs: Which Supply Chain Procurement Strategy Is Right for Your Business? Not only are manufacturing costs still elevated, storage rates are historically high.

Inventory Reduction 52

Inventory Reduction Cost Reduction Strategies Expense Reduction Price Reduction 52

Supply Chain Matters

DECEMBER 27, 2023

According to a published report from business broadcast network CNBC which reviewed materials, workers were informed of termed “ cost-of-living adjustments that would raise hourly wages from $20 to $22 an hour on the low end, and from $30.65 up to $34.50 per hour on the high end.” The lawsuits, filed in November, are continuing.

Nevada 52

Nevada Negotiating Skills Sweden Germany 52

Supply Chain Matters

JANUARY 17, 2023

Part Three of this series shared our fourth 2023 prediction that was focused on different priorities for supply chain talent, skills retention and employee retention strategies. In this update, we focus on our fifth prediction which is focused on global transportation and logistics services sectors. Prediction Background.

Predictive Analytics Software 52

Predictive Analytics Software Supply Chain Planning Software Supply Chain Software Cost Reduction Strategies 52

Supply Chain Matters

MAY 3, 2022

In this Supply Chain Matters commentary, we highlight the latest quantitative data related to global manufacturing PMI activity levels for April. Reportedly, global output fell across consumer, intermediate and investment goods sectors with inbound price inflation equaling record highs. According to the J.P. value, up from 53.1

Manufacturing Procurement 52

Manufacturing Procurement China Purchasing Skills Supply Chain Planning 52

Locus Robotics

JANUARY 29, 2024

By Mary Hart Warehouse managers face immense pressure every day to fulfill ever-growing order volumes with shrinking labor budgets and supply chain disruptions. Now automation has changed the game, enabling warehouses to cost-effectively scale up and down.

Supply Chain Software 52

Supply Chain Software Warehousing Expense Reduction Cost Reduction Strategies 52

Elementum

MAY 1, 2018

Supply chain disruptions are inevitable, whether resulting from natural disasters, technical failures, worker strikes, or other unforeseen incidents. Supply chain contingency planning begins with identifying potential risks, but many companies are failing to do even the bare minimum. Loss of talent/skills.

Pharmaceutical 94

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The Logistics & Supply Chain Management Society

JANUARY 13, 2021

If nothing else, the COVID-19 crisis has forced companies to look for cost savings with significantly increased vigour. Governments have spent considerable time, effort and political capital negotiating such agreements. LogiSYM Supply Chain Magazine – October/November 2020. What might businesses want to consider?

Pricing Training 245

Pricing Training Negotiating Skills Purchasing Training Optimal Sourcing 245

Locus Robotics

JANUARY 29, 2024

Home January 29, 2024 7 Top Reasons to Automate Your Warehouse in 2024 Mary Hart , Senior Content Marketing Manager Warehouse managers face immense pressure every day to fulfill ever-growing order volumes with shrinking labor budgets and supply chain disruptions.

Supply Chain Software 52

Supply Chain Software Warehousing Vendor Strategies Expense Reduction 52

Locus Robotics

JANUARY 29, 2024

Home January 29, 2024 7 Top Reasons to Automate Your Warehouse in 2024 Mary Hart , Senior Content Marketing Manager Warehouse managers face immense pressure every day to fulfill ever-growing order volumes with shrinking labor budgets and supply chain disruptions.

Supply Chain Software 52

Supply Chain Software Warehousing Vendor Strategies Expense Reduction 52

NC State SCRC

NOVEMBER 6, 2021

The current set of supply chain disruptions is bringing increased focus on the need for digital transformation of our supply chains. If you are measured on cost – you will drive all of your activity to achieve that end, and a machine will as well.

Purchasing Training 52

Purchasing Training Supply Chain Planning Software Supply Chain Planning Negotiating Skills 52

Supply Chain Matters

AUGUST 9, 2023

After what is being described as “ tumultuous negotiations , 7,400 Canadian West Coast dockworkers and members of the British Columbia Maritime Employers Association have each ratified a new labor contract. The Chapter 11 bankruptcy filing from U.S. All rights reserved.

Purchasing Training 52

Purchasing Training Negotiating Skills Agile and Lean Supply Chain Logistics Network Optimization Software 52

Ware2Go

FEBRUARY 2, 2022

The global supply chain was not prepared for the abrupt switch in transportation and fulfillment needs or the staggering increase in consumer demand. With supply chain disruptions regularly making front page news, consumers might have been expected to temper their expectations in terms of shipping speed or price.

Shipping 98

Shipping Purchasing Skills Negotiating Skills Warehousing 98

Supply Chain Matters

AUGUST 17, 2022

Labor Tensions on Rise Across Global Transportation Networks. Supply Chain Driven Inflation Moderates in July. Added Manufacturing Disruption in China. Labor Tensions on Rise Across Global Transportation Networks. Thus far, there are indications of ongoing negotiations without any noted labor actions.

Supply Chain Design Software 52

Supply Chain Design Software Supply Chain Planning Software Negotiating Skills Supply Chain Design 52

Unleashed

FEBRUARY 23, 2023

New Unleashed research has found firms are holding double the stock they used to due to recent supply chain disruptions. So maximising liquidity – whether by improving cash flow or maximising the liquidity of the stock held – has become a major focus point for many supply chain professionals.

Inventory Reduction 52

Inventory Reduction Material Savings Expense Reduction Price Reduction 52