Precoro

SEPTEMBER 6, 2021

As both sourcing and procurement are related to obtaining supplies for the organization, confusing these two terms is easy. Understanding their distinction can help you ensure the coordination between the responsible teams and adopt the right strategies for improving both sourcing and procurement. Takes a strategic approach.

Optimal Sourcing 66

Optimal Sourcing Manufacturing Procurement Purchasing Skills Procurement Solutions 66

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

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. Shipping cost or ability to deliver.

Optimal Sourcing 52

Optimal Sourcing Manufacturing Procurement Sourcing Strategies Sourcing 52

The Logistics of Logistics

MAY 1, 2024

The metrics that matter are from DAT IQ and are summarized below: RateView Analytics: Get the most up-to-date pricing data in the industry based on actual contribution data. Analyze pricing trends and pinpoint seasonal changes with 13-month pricing histories on each lane. He lives in Denver, Colorado with his wife and son.

Metrics 211

Metrics Logistics Network Optimization Software Analytics Software Optimal Sourcing 211

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. Shipping cost or ability to deliver.

Optimal Sourcing 52

Optimal Sourcing Manufacturing Procurement Sourcing Strategies Sourcing 52

The Logistics of Logistics

AUGUST 28, 2023

Sarah is a Shipper Sales Manager at DAT , an online marketplace that connects shippers and carriers in the transportation industry. 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.

Logistics Network Optimization Software 239

Logistics Network Optimization Software Analytics Software Supply Chain Planning Software Supply Chain Network Software 239

SCMDOJO

JUNE 28, 2024

The growing number of women in supply chain roles is a testament to their skills, expertise, and determination. Through their knowledge of logistics, operations, and strategic planning, women are forging successful careers and making a substantial impact on this sector.

Negotiating Skills 76

Negotiating Skills Optimal Sourcing Purchasing Skills Supply Chain Design Software 76

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. This was followed by heavy rainfall that flooded which caused lumber companies to scale back production, leading to a rise in the prices of wooden products in the United States.

Negotiating Skills 52

Negotiating Skills Negotiate Pricing Purchasing Skills Optimal Sourcing 52

Bristlecone

JULY 14, 2020

In aviation, strategic sourcing can reduce the cost and fix the nuts and bolts of existing processes with the help of a well-performing sourcing team. Low-Cost Country Sourcing. Actions that Improve Aviation Industry Procurement Performance . Category Management. Dealing with Monopoly Suppliers.

Negotiating Skills 52

Negotiating Skills Optimal Sourcing Purchasing Skills Sourcing Strategies 52

Supply Chain Matters

JUNE 14, 2024

The May report indicated that the Transportation Price index increased 13.7 The latest monthly global Container Market Forecaster issued by the Container Xchange indicated that in May, container prices surged 45 percent across China. The second is existing shippers turning to air as an alternative mode of transport.

Negotiating Skills 52

Negotiating Skills Cost Reduction Strategies Shipping Price Reduction 52

Bristlecone

JULY 31, 2024

The l ife s ciences industry is experiencing significant operational cost pressures due to several factors. These factors are prompting l ife s ciences industry executives to reimagine the end-to-end supply chain, understand the costs involved at each node, and create a dynamic network that is optimal , flexible and cost-efficient.

Negotiating Skills 52

Negotiating Skills Modeling Optimal Sourcing Cost Reduction Strategies 52

Supply Chain Matters

AUGUST 9, 2024

Note: values of this index above 50 are indicative of an expansion of overall logistics industry activity levels ) The summary narrative communicated for July 2024 was indications of “ positive movements in the transportation market contrasting with a moderate contraction in inventories and slowing rates of expansion in the warehousing market.”

Negotiating Skills 52

Negotiating Skills Transportation Logistics Network Optimization Software Logistics 52

SCMDOJO

APRIL 29, 2024

Sign Up for SCMDOJO Pro Membership Importance of Effective Supply Chain Management Supply chain management is not just about moving products from point A to point B – it’s a strategic approach that encompasses the entire network of processes involved in delivering goods and services to customers.

Supply Chain Planning Software 97

Supply Chain Planning Software Optimal Sourcing Supply Chain Design Software Supply Chain Software 97

Logistics Viewpoints

MARCH 3, 2021

GlobalTranz’s main service lines are freight brokerage – less-than-truckload and truckload – and managed transportation services. Robinson’s last quarter earnings in North American Surface Transportation, up 10.8% – which many companies would be delighted with – seem paltry in comparison. Managed Trans is Strategic.

Logistics Network Optimization Software 260

Logistics Network Optimization Software Negotiating Skills Negotiate Pricing Report 260

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

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

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 94

Optimal Sourcing Supply Chain Planning Software Negotiating Skills Material Savings 94

Logistics Viewpoints

JULY 26, 2022

Supply chains have experienced significant disruptions in the first half of 2022, from a global pandemic to wars, rising fuel costs, and a potential recession. Passing costs onto consumers is often not viable and, in some cases, has already occurred due to supply chain shortages. Ease of use is also essential.

Optimal Sourcing 257

Optimal Sourcing Supply Chain Design Software Sourcing Strategies Cost Reduction Strategies 257

Bristlecone

JULY 31, 2024

The life sciences industry is grappling with unprecedented operational cost pressures, driven by a confluence of global challenges. The lingering effects of COVID-19 exacerbated resource and material scarcity, while inflation has compounded cost pressures across the global value chain.

Sourcing Strategies 52

Sourcing Strategies Cost Reduction Strategies Negotiating Skills Supply Chain Design Software 52

Logistics Viewpoints

MARCH 19, 2024

Countless companies grapple with the fundamental flaw of disjointed processes, which leaves planning blind to crucial factors such as transportation, warehouse, and labor constraints. Bridging this technological divide requires a concerted effort to harmonize data flows and establish a unified source of truth.

Supply Chain Planning Software 269

Supply Chain Planning Software Scenario Planning Supply Chain Planning Prescriptive Analytics Software 269

The Logistics & Supply Chain Management Society

AUGUST 14, 2023

While GSAs can provide benefits such as cost savings and increased efficiency, they also introduce new risks and challenges for shippers. History of Alliances in Container Shipping Source: Port Economics, Management and Policy What are Global Shipping Alliances (GSAs) in the shipping industry?

Risk Management 130

Risk Management Negotiating Skills Vendor Strategies Resource Reduction 130

Supply Chain Matters

OCTOBER 1, 2024

In a Supply Chain Matters update at that time , we highlighted industry reports that the action had precedence in that previously, labor union workers had never rejected a contract agreement proposal negotiated by union leadership. He reiterated that: “ There is no Boeing without skilled workers.” Last week the U.S.

Negotiating Skills 52

Negotiating Skills Buyer Training Manufacturing Procurement Report 52

Precoro

JANUARY 29, 2024

Escalating expenses associated with rising prices of raw materials, finished goods, third-party services, and labor along the entire supply chain expose businesses to a heightened threat of margin reduction. The inflation rate can vary greatly by location — for instance, in 2023 it was 3.4% for the US yet 10.7% in the Czech Republic.

Procurement Solutions 86

Procurement Solutions Procurement Analytics Optimal Sourcing Supply Chain Planning Software 86

GlobalTranz

SEPTEMBER 23, 2021

Talent shortages, especially limited drivers, will exacerbate the capacity crunch and result in shortages across warehousing and transportation simultaneously.? . Pent-up demand of customers and the strong predictions for another above-average peak season has put a unique burden on truckload and parcel transportation. trillion.

Prescriptive Analytics Software 308

Prescriptive Analytics Software Optimal Sourcing Pricing Training Negotiating Skills 308

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. are then directly transported to a Walmart fulfillment center. Cargo imported into the U.S.

Logistics Network Optimization Software 238

Logistics Network Optimization Software Los Angeles Logistics Long Beach 238

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 98

Negotiating Skills Supply Chain Software Supply Chain Network Software Analytics Software 98

SCMDOJO

NOVEMBER 17, 2023

We have Courses like S&OP deployment, Supply Chain Digitalization , , and Negotiation in Procurement. Dynamic Nature: You can seamlessly transition from strategic planning discussions in the morning to tackling operational challenges in just a few hours. Eight core competencies stand out, encompassing crucial aspects of SCM.

Supply Chain Planning Software 91

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Negotiating Skills 91

Supply Chain Matters

FEBRUARY 23, 2023

Background Global wide transportation and logistics costs increased at unprecedented rates during 2021 and 2022. Our specific prediction was that manufacturers and retailers will exercise considerable pressure on carriers for re-negotiating existing transportation and logistics contracts.

Negotiating Skills 52

Negotiating Skills Inventory Reduction Price Reduction Cost Reduction Strategies 52

Talking Logistics

MAY 23, 2018

What the hell is going on over there in transportation?!” Supply chain management leaders, especially in transportation, are under heavy fire from CFOs for the dramatic increases in freight spend that are eroding the profitability of shippers in every industry. Combating Rising Freight Costs with a TMS.

Negotiating Skills 100

Negotiating Skills Logistics Network Optimization Software Analytics Software Modeling Software 100

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.

Optimal Sourcing 130

Optimal Sourcing Procurement Sourcing Strategies Freight 130

SCMDOJO

AUGUST 21, 2023

TikTokers have emerged as a strategic asset for advancing supply chain management, driven by several compelling factors that align seamlessly with the dynamic landscape of the digital age. Moreover, TikTokers possess a refined skill for generating content that resonates authentically with their followers.

Negotiating Skills 98

Negotiating Skills Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing 98

3rdwave

NOVEMBER 29, 2018

Managing a global supply chain network requires the ability to manage and control both global transportation execution and the associated freight spend. In a constantly shifting and competitive global trading environment, it is increasingly important to control all costs across the entire supply chain.

Optimal Sourcing 88

Optimal Sourcing Global Transportation Negotiating Skills Supply Chain Optimization 88

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

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. An impressive case study to be sure, but alas, the cost of the technology is still prohibitive for most companies.

Supply Chain Planning Software 246

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Predictive Analytics Software 246

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. Logistics is a larger focus for transportation companies. Industry: carrier regulations, trade compliance and transportation.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 98

Supply Chain Matters

OCTOBER 3, 2024

That is to allow the parties to negotiate resolution of further issues, including language related to port automation. The existing labor contract which expired will reportedly be extended through January 15, 2025.

Negotiating Skills 52

Negotiating Skills Journal Supply Chain Software United States 52

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 269

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Pharmaceutical 269