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9 of the Most Useful Tips on How to Negotiate Freight Rates

GlobalTranz

Editor’s Note: This is a guest article from Laura Jelen with negotiations.com who discusses some useful tips on how companies can negotiate freight rates a bit better. Shipping costs are a significant part of the supply chain expense.

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The Give and Take of Multi-Carrier Parcel Shipping Technology

Logistics Viewpoints

Retailers also took steps to contain costs and preserve margins as they reoriented toward e-commerce like never before, including putting solutions in place to more effectively navigate carrier capacity caps and improve the visibility, accessibility, and mobility of inventory. More to give the organization. Meet the basic needs.

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Navigating Uncharted Waters: SMB Importers, 2024 and Red Sea Crisis Lessons

Freightos

The implication for global freight beyond the now typical uncertainty is predictably elevated operational costs and soaring freight rates. It may be off a lower-than-normal base price but for importers and exporters suffering from lower sales, it’s almost certainly troubling news. Most of these are nearly impossible to plan for.

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10 Must-Watch Negotiation Movies: Master the Art of Persuasion with These Gripping Films

SCMDOJO

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.

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Is AI Hype or a Truly Revolutionary Technology Set to Transform Logistics? (AI Popup #3)

Freightos

Like many, I envisioned substantial cost savings and productivity boosts for the logistics industry, which is often hampered by non-standardized formats and requires high adaptability. In logistics, the cost of an error or exception is always where problems start to balloon. Again, this takes careful and meticulous training.

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Spare Parts to Profits: Strategic Inventory Mastery

ToolsGroup

Moreover, maintaining optimal service levels while balancing inventory costs is a delicate act that requires sophisticated forecasting and inventory management techniques, underlining the importance of advanced spare parts management solutions.

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Containerized shipping joins modern financial world with CME futures

Freightos

But they ran into a pricing challenge; consumers hate price changes (at least, price increases) and like most commodities, the cost of chicken changes. They drew a blank when looking for a chicken farmer that would commit to a fixed price. And throughout it all, retailers and consumers paid the price.