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.

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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. This avoids duplication of efforts and ensures a smooth flow of goods and services.

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Taulia

JUNE 12, 2023

Blog Expert Advice 8 min read 12 Jun 2023 By Taulia Share: Share via linkedin Share via twitter Share via facebook Share via email Copied Copy page URL to clipboard 10 supply chain KPIs and metrics to track We’ve listed the 10 top supply chain KPIs you can use to measure your supply chain performance and find opportunities for optimization.

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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?

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Logistics Viewpoints

DECEMBER 7, 2021

Just two days before Thanksgiving, FreightWaves reported an “all-time-high 93 ships” were waiting there. Consumer expectations for cheap and fast shipping continue to climb, and consumers increasingly want to order across borders , only compounding the problems. They face higher costs. and distribution points across a network.

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Supply Chain Game Changer

FEBRUARY 19, 2020

Shipping Zones article originally published by, and permission to publish here provide by Jake Rheude at redstagfulfillment.com. Carriers such as FedEx, UPS, and USPS use shipping zones to determine the shipping cost of a package. ECommerce businesses need to pay attention to shipping zones. Subscribe Here!

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Logistics Viewpoints

MARCH 29, 2024

In the early morning hours of April 26, at approximately 1:35am, a cargo ship leaving Baltimore Harbor struck the Francis Scott Key Bridge, triggering a catastrophic collapse of the 1.6-mile-long The end result of the loss of propulsion was the ship crashing into the bridge. mile-long span. An estimated 11.5

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Supply Chain Game Changer

NOVEMBER 3, 2022

Thoughts on Future Challenges and the Strategic Direction of Supply Chain! Modern bookkeeping systems are a perfect tool for monitoring the financial information of your company that might help you improve supply chain cost control. Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Procurement Management.

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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. Tenure of charges – Is the pricing fixed for the entire tenure? (If

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GlobalTranz

MAY 24, 2016

Using less-than-truckload for medium-sized shipments is one of the great innovations in shipping. It produces results at a fraction of the cost of full truckload (FT) or small package shipping. Reduced Training Costs. Training new hires is the highest cost associated with new employees. Contract Negotiation.

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ModusLink Corporation

OCTOBER 16, 2023

Companies face the challenge of meeting customer demands for faster delivery, maintaining cost efficiency, and adapting to ever-changing market dynamics. ModusLink, as a trusted 3PL partner, specializes in efficient logistics management that reduces costs and streamlines operations.

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SCMDOJO

MAY 30, 2024

The department can optimize the delivery process, minimize costs, and maximize customer satisfaction by establishing clear roles and responsibilities. Inventory management also includes forecasting demand, coordinating with suppliers, and optimizing storage space to minimize costs and prevent stockouts or overstocking.

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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.

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Unleashed

MARCH 28, 2021

This knowledge helps to eliminate supply chain delays and if issues do arise, ensures troubleshooting is a relatively painless process because valuable relationships have been established. When done properly SRM can achieve greater efficiencies, reduce wholesale costs, and optimise supply chain performance. Reduces costs.

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Supply Chain Game Changer

NOVEMBER 19, 2018

From planning to negotiating to buying, from moving goods to processing goods, and from managing data to managing inventory. While every function must help your company grow and prosper when the heat is on uninformed Executives can view Supply Chain as merely a Cost Centre. Pressures for Cost Reduction in Supply Chain.

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The Logistics of Logistics

OCTOBER 8, 2012

This SLA/KPI has to be negotiated and agreed upon by you and your 3PL partner.This negotiation time can take three (3) to Six (6) months. If you do not want to start at the 3PL as a contact customer with a SLA/KPIs, you can ship your goods and become a public account. Yes, I stress partnership and collaboration.

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SCMDOJO

MAY 30, 2024

The department can optimize the delivery process, minimize costs, and maximize customer satisfaction by establishing clear roles and responsibilities. Inventory management also includes forecasting demand, coordinating with suppliers, and optimizing storage space to minimize costs and prevent stockouts or overstocking.

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TMC

SEPTEMBER 27, 2018

While shippers face the difficult market conditions of tight capacity and increased consumer demands, they are also being challenged to find transportation cost savings and improve customer satisfaction. These are questions we posed to MIT graduate students for a research project that focused on service and pricing in the truckload market.

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4WL Consulting

JULY 8, 2015

The previous decade has seen many companies, mainly those handling manufacturing operations, change how sourcing of direct materials is executed – from an administrative function to a somewhat strategic procurement approach that has seen the creation of a new position “the Chief Procurement Officer.”

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SCMDOJO

JULY 24, 2023

The primary objective of contract logistics is to optimize the flow of goods, information, and capital throughout the supply chain, facilitating efficient and cost-effective customer demand fulfillment. Additionally, its strategic location in proximity to Germany, France, and the UK adds to its appeal.

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Intelligent Audit

APRIL 27, 2021

Demonstrating value by measurable performance relies on automated logistics, focused supply chain KPIs , and fine-tuned financial metrics. Think About the Possible Costs and Impact to the Customer Experience. Late deliveries — customers want fast shipping that is reliable and affordable. Focus on the Metrics.

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SCMDOJO

MARCH 8, 2024

By negotiating lower MOQs with suppliers, businesses can reduce the amount of inventory they need to purchase at once. Frame contracts outline terms such as pricing, delivery schedules, and minimum order quantities, providing both parties with clarity and consistency in transactions.

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Supply Chain Game Changer

JULY 21, 2021

Supply chain key performance indicators and metrics are ways in which someone can quantify the performance of their company’s supply chain to gain a better understanding of its strengths and weaknesses. Amazon is an example of a service that guarantees very quick lead times for customers with its 2 day shipping for Prime members.

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SCMDOJO

AUGUST 16, 2023

A well-optimized supply chain not only ensures efficient delivery and cost-effectiveness but also provides companies with a competitive advantage in the market. The company has strategically invested in automated distribution centers, streamlining the flow of products from manufacturers to stores.

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GlobalTranz

OCTOBER 21, 2015

The more KPIs, the more difficult the negotiation process. All KPIS have metrics to measure. Cost Reduction is another major goal. As the two partners implement Continuous Improvement or Kaizen cost reduction will follow. 3PL/SLA Skills/Knowledge. All KPIS have a target percentage to meet.

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Talking Logistics

FEBRUARY 18, 2015

Financial data and visibility into the costs associated with shipping are critical to improving corporate financial performance. Total cost management is just one part of supply chain visibility, but a very important part based on the financial impact that shipping has on the organization.

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Taulia

OCTOBER 7, 2021

The procurement process that they oversee includes sourcing, selecting and negotiating with vendors, creating purchase orders and tracking the receipt of goods. Improving the procurement process can result in greater operational efficiency and cost savings. So which procurement metrics and KPIs should you measure?

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TMC

SEPTEMBER 27, 2018

While shippers face the difficult market conditions of tight capacity and increased consumer demands, they are also being challenged to find transportation cost savings and improve customer satisfaction. These are questions we posed to MIT graduate students for a research project that focused on service and pricing in the truckload market.

Optimal Sourcing 48

Optimal Sourcing Negotiating Skills Negotiate Pricing Price Reduction 48

TMC

SEPTEMBER 27, 2018

While shippers face the difficult market conditions of tight capacity and increased consumer demands, they are also being challenged to find transportation cost savings and improve customer satisfaction. These are questions we posed to MIT graduate students for a research project that focused on service and pricing in the truckload market.

Optimal Sourcing 48

Optimal Sourcing Negotiating Skills Negotiate Pricing Price Reduction 48

Supply Chain Collaborator

JUNE 22, 2017

If strategic supply chain transformation simply cannot occur without solid reporting in the TMS, why do so many shippers still fail to take advantage of reporting in their TMS? Tendering Metrics. The post Stopping Shipping Shenanigans – The Value of Good Reporting in Your TMS appeared first on UltraShipTMS. Benchmarking.

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ShipBob

DECEMBER 23, 2021

Online shoppers expect a fast, effortless, and inexpensive experience with your brand, which requires a fulfillment center that picks , packs, and ships accurate orders at lightning speeds. Experience in analyzing metrics and data-driven decision-making. Strong written and oral communication skills.

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Alloy

AUGUST 20, 2019

But out of that weekly or daily data deluge, what are the crucial metrics? This metric is the best indicator of true demand because it measures when an end consumer actually buys a product, not just when a retailer places an orders, or sell-in. And how do they inform better strategy and execution moving forward?

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Precoro

MAY 27, 2021

It can either make you a company's superhero or add extra headaches and purchasing risks because poor supplier management leads to the following problems: Missed saving opportunities and not enough leverage in negotiating with new suppliers. Anticipate and react to market volatility and price changes. Segment your suppliers.

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Logistics Bureau

NOVEMBER 16, 2020

It touches many departments, from production, procurement, shipping, accounting, and finance to marketing, warehousing, research and development, and sales. For example, a member of the sales team could apply to become a purchasing agent, based on her experience of negotiating sales deals. Getting Started in Supply Chain.

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Intelligent Audit

NOVEMBER 3, 2022

They also do what’s necessary to continue to meet high consumer demands, which means quick, on-time deliveries at the lowest costs. Transportation network optimization is simply streamlining your network of logistics carriers, the methods for shipping, and the processes for managing the network.

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Locus

JULY 24, 2023

You’ve got more goods than you can squeeze into an LTL shipment but not enough to justify the expense of an FTL.The beauty of PTL is that it’s cost-effective and flexible. Think of it as carpooling for cargo – you share the ride, and so you share the costs. Less than Truckload (LTL) LTL is the democracy of shipping.

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Talking Logistics

DECEMBER 21, 2018

5 Things to Know Before Negotiating Ocean Shipping Contracts This Year. Secrets of Shipping Leaders: How They Get Better Truckload Service and Pricing. Uncovering Cost Savings in Material Handling and Fleet Management. Optimizing Your Freight Spend Without Negotiation.

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