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

Unleashed

OCTOBER 12, 2022

In this ERP pricing guide: Quick recap: What is ERP? All critical business systems can be integrated by ERP, from payroll and HR to inventory management, customer relationship management, purchasing, sales, shipping and more. – Training. How much of a deal you can negotiate. Change management. Data migration.

Purchasing Skills 98

Purchasing Skills Negotiating Skills Inventory Management Software Pricing Training 98

Unleashed

JUNE 8, 2023

Behind every successful product business is a thoughtful procurement strategy designed to optimise the supplier management and purchasing process. Procurement is the process of sourcing suppliers , negotiating sales terms, and purchasing the goods a company needs to run its daily operations.

Procurement Solutions 52

Procurement Solutions Sourcing Strategies Vendor Strategies Material Savings 52

The Logistics & Supply Chain Management Society

JANUARY 3, 2024

Concurrent macro forces–material shortages, war, shifts in consumer buying patterns, logistics constraints, inflation/recession, and climate change– are reshaping today’s reality necessitating the need for a supply chain reset button. Companies that tightly tether to enterprise transactional data will never buy the right stuff.

Supply Chain Design Software 130

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 130

Herlitz Inventory Management

MARCH 24, 2022

If ever there was a time to take advantage of forward buying, this is it! Knowing that forward buying is important is only step one. To do so effectively, you need to first understand how much extra to buy. How Much Extra Inventory Should You Buy? Now imagine you bought 90 days of inventory before a 9% price increase.

Pricing Training 52

Pricing Training Eliminating Excel in Purchasing Purchasing Training Vendor Strategies 52

Enchange Supply Chain Consultancy

JUNE 19, 2024

Customer Preferences: Analyse customer behaviour, preferences, and buying patterns. Understanding cost to serve is critical before commencing distributor negotiations. Understand their market positioning, pricing, and promotional tactics. Identify key customer segments and their specific needs.

Negotiating Skills 190

Negotiating Skills Supply Chain Planning Software Resource Reduction Analytics Software 190

Tai Software - Freight Broker Software Articles

JUNE 4, 2024

That added value often comes with the expectations of lower shipping costs and fast turnarounds. Some brokers attempt to manage the quoting process by hiring a pricing specialist. Utilizing a Pricing Specialist Pricing specialists develop their quoting strategies. Are they negotiating the best rates?

Negotiating Skills 52

Negotiating Skills Pricing Training Purchasing Training Optimization Software 52

Logistics Viewpoints

JUNE 1, 2023

The Russian invasion of Ukraine and the following economic sanctions spiked energy prices and created new sourcing challenges for certain agricultural products and raw materials. This means they are more likely to focus on value and affordability and change their priorities and brand preferences when making purchases.

Supply Chain Planning Software 218

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Software 218

SCMDOJO

MAY 30, 2024

Furthermore, this allows management to identify areas of strength and areas that require improvement, enabling targeted training and development initiatives. Order processing also includes picking, packing, and preparing products for shipment, as well as generating necessary documentation such as invoices and shipping labels.

Optimal Sourcing 98

Optimal Sourcing Pricing Training Logistics Network Optimization Software Inventory Reduction 98

Supply Chain Matters

AUGUST 21, 2023

They further point to changed online buying trends. The company recently restarted a shipping service for hosted retail companies that was suspended during the Covid-19 pandemic. The retailer indicated increased market share in groceries as shoppers seek lower costs in food purchasers in the current period. percent to $24.9

Pricing Training 52

Pricing Training Purchasing Training Inventory Reduction Expense Reduction 52

Enterra Insights

NOVEMBER 20, 2018

The rise of e-commerce and the consumer digital path to purchase has been a nightmare for some retailers from which they can’t awake. consumers plan to do at least 40% of their shopping from D2C companies in the next five years, and 81% say they’ll make at least one purchase from a D2C brand within the next five years.”

Pricing Training 100

Pricing Training Purchasing Training Procurement Analytics Modeling 100

Intelligent Audit

NOVEMBER 17, 2022

With increased e-commerce shipping, high consumer expectations for delivery, and challenges in the supply chain, companies need optimized transportation systems and freight services. Quality, relevant shipping data shows what is going right and needs improvement for better shipping services. Outsourced Audits.

Freight 52

Freight Shipping Supply Chain Design Software Pricing Training 52

ShipBob

DECEMBER 28, 2022

Strategic sourcing is a unique purchasing method that aligns your sourcing strategy with your business goals. Rather than making a purchasing decision off of the initial cost, strategic product sourcing allows you to refine your sourcing process by conducting ongoing market analysis and forming strong relationships with suppliers. .

Sourcing Strategies 52

Sourcing Strategies Manufacturing Procurement Purchasing Skills Material Savings 52

ShipBob

OCTOBER 8, 2021

And, with the growth of ecommerce, customers are buying unique luxury or everyday perfumes online at more affordable prices than ever before — while also still expecting fast shipping. . The different types of perfumes that shipped regularly include . Tips for packaging perfume to keep safe when shipping.

Shipping 52

Shipping Pricing Training Negotiating Skills Material Savings 52

Logistics Viewpoints

JULY 27, 2021

As driver pay increases, so does the incidence of drivers jumping ship, switching companies for the next best payday. What’s more, bots don’t require paychecks, benefits, vacations, training or other workforce overhead. Knowing the details will equip you to either negotiate or hold tight based on facts. Curiouser and Curiouser.

Supply Chain Planning Software 246

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

Freightos

JUNE 17, 2024

More Resources Home Building Moats in AI: Buy vs. Build (AI Popup #1) In logistics tech, building a competitive moat is key for market leadership. In the first issue of our AI popup newsletter series, Matt Motsick, CEO of Rippey AI and a long-time logistics technology leader, explores buying or building AI models.

Pricing Training 265

Pricing Training Purchasing Training Modeling Software Optimization Software 265

Logistics Viewpoints

JUNE 23, 2022

E-commerce continues to grow yearly and it’s estimated that it will make up 30% of retail purchasing by 2024. Last-mile delivery accounts for 53% of overall shipping costs. But today, there are more delivery options than ever before, including locker pickups, buy online pick-up in store (BOPIS) and alternate delivery locations.

Logistics Network Optimization Software 231

Logistics Network Optimization Software Supply Chain Network Software Optimization Software Pricing Training 231

Freightos

JANUARY 12, 2017

International Air Freight Shipping: Definition. While 90% of everything is shipped by ocean, air connects the world faster, cutting China-US freight shipping time from 20-30 days by ocean to only 3 days by air cargo. As a matter of fact, the largest cargo airplane , the Anatov 225 – can hold an entire train.

Purchasing Skills 120

Purchasing Skills Pricing Training Price Reduction Freight 120

Logistics Viewpoints

JANUARY 12, 2024

Amazon shipped last-minute Christmas gifts faster in 2023 than in 2022, according to data from analyst firm Momentum Commerce. between December 15th and December 25th, Momentum Commerce found that the share of products with an “Arrives after Christmas” tag in Amazon’s Buy Box in 2023 was 10.2 And now on to this week’s logistics news.

Logistics Network Optimization Software 288

Logistics Network Optimization Software Price Reduction Inventory Reduction Resource Reduction 288

ToolsGroup

APRIL 1, 2022

How the War in Ukraine is Impacting the Supply Chain and Raw Material Prices. Increased Prices Resulting from Shortages and Supply Chain Issues. Increased Shipping Costs, Delays, and Transportation Issues. Dealing with the Shipping Container Crisis. Covid-19’s Impact on the Supply Chain Crisis. Chain Store Age ).

Material Savings 207

Material Savings Purchasing Skills Supply Chain Planning Software Manufacturing Procurement 207

Freightos

AUGUST 28, 2018

Long before there were trucks, trains, and planes, there were ships. Ships transformed travel and warfare, enabling humans to see beyond their villages and into the world. As the oldest mode of global transportation, shipping has a history of tradition and aversion to change. This article originally appeared on JOC.com.

Pricing Training 120

Pricing Training Negotiating Skills Purchasing Training United States 120

New Horizon Supply Chain Blog

FEBRUARY 8, 2024

Procurement planning functionality (essentially the planning of future purchase orders) is typically a subset of broader supply planning applications that plan manufacturing work orders, inventory levels, shipments, as well as purchase orders, to meet demand.

Procurement Solutions 52

Procurement Solutions Optimal Sourcing Supply Chain Planning Software Manufacturing Procurement 52

Precoro

JUNE 17, 2024

A supply chain is a logistical system consisting of the buying company and its partners, such as suppliers, delivery agents, and distributors, that encompasses the process of turning raw materials or goods into the final product and distributing them to customers. Negotiate long-term contracts. Hedge against currency fluctuations.

Supply Chain Planning Software 89

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Sourcing Strategies 89

Logistics Viewpoints

MAY 23, 2022

These disruptions have driven up prices and led to shortages of goods. The world’s fleet consists of approximately 6,000 ships. These ships carried nearly 150 million twenty-foot equivalent units (TEUs) of containers last year. At the end of April, over 500 ships were awaiting berthing space at Chinese docks.

Rail Software 242

Rail Software Supply Chain Visibility Real-time Visibility Supply Chain Planning Software 242

SYSPRO Smarter ERP

NOVEMBER 30, 2021

Adequate cross training is not occurring fast enough to fill the gap. Charged with this critical task, the purchasing department can leverage its Material Requirements Plan (MRP) to stay abreast of what’s needed, how much and when. One of the key drivers is the aging workforce leaving for retirement. Changing consumer attitudes:?

Forecasting 105

Forecasting Forecasting Software Inventory Management Software Supply Chain Planning Software 105

Talking Logistics

OCTOBER 28, 2014

According to the American Trucking Association, this is happening in an industry that already faced an average annual driver turnover rate of 99% in 2013, as well as hiring and training costs that range from $3,500 to $5,000 per driver, depending on experience. Understand the full range of shipping alternatives your carriers can offer.

Expense Reduction 199

Expense Reduction Cost Reduction Strategies Price Reduction Capacity 199

Precoro

JULY 29, 2024

An online procurement system, also known as e-procurement software, is a digital platform designed to streamline and automate the buying process within an organization. At its core, an online procurement system centralizes purchasing activities. At its core, an online procurement system centralizes purchasing activities.

Procurement Solutions 82

Procurement Solutions Supply Chain Design Software Supply Chain Planning Software Inventory Management Software 82

TransAudit

NOVEMBER 9, 2022

Understanding the impact of international conflict on supply chains won’t settle global disputes, but it can empower you to make time- and money-saving adjustments to your shipping procedures. Many nations are dependent on other parts of the world for the fuel to power their ships, trucks and planes. Fuel Costs. Political Decisions.

Negotiating Skills 85

Negotiating Skills Pricing Training Supply Chain Planning Manufacturing Procurement 85

Precoro

AUGUST 14, 2024

With Punch-In, you can start directly on Amazon Business, complete your checkout, and find a ready-made purchase order waiting in Precoro. The details of their selections—such as product descriptions, pricing, and quantities—are automatically imported into the Precoro PR for approval and record-keeping.

Pricing Training 67

Pricing Training Purchasing Training Purchasing Skills Negotiating Skills 67

SCMDOJO

MAY 30, 2024

Furthermore, this allows management to identify areas of strength and areas that require improvement, enabling targeted training and development initiatives. Order processing also includes picking, packing, and preparing products for shipment, as well as generating necessary documentation such as invoices and shipping labels.

Optimal Sourcing 52

Optimal Sourcing Logistics Network Optimization Software Pricing Training Inventory Reduction 52

Freightos

JANUARY 8, 2019

It won’t be good for many industry players if we don’t work together to build a modern shipping experience with the end user at heart first on our own. Kuehne+Nagel was one of the first big freight forwarders to have price quotes and self-service directly on their homepage. Hapag-Lloyd is also important to name.

Freight 153

Freight Pricing Training Negotiating Skills Purchasing Training 153

Unleashed

AUGUST 28, 2023

Cost of sales formula The cost of sales formula combines all the raw materials, labour, and direct purchases necessary to produce goods for sale. It includes employee wages and any shipping costs of the finished product. Your balance of purchases account, at the end of the reporting period, is moved to your inventory account.

Purchasing Skills 52

Purchasing Skills Negotiating Skills Cost Reduction Strategies Examples 52

GlobalTranz

APRIL 26, 2016

The Freightos System is SaaS for freight contract management, automatic price quotations, and business intelligence. There are two ways to view the History of Shipping Containers. Below, you can also view the history of shipping containers in one infographic. Malcom McLean and the History of Shipping Containers.

Shipping 120

Shipping Logistics Network Optimization Software Supply Chain Design Software Modeling Software 120

Unleashed

AUGUST 15, 2024

We’ll look at the features, pros and cons, and pricing for each solution to ensure you make the right choice for your business. The case for Zoho Inventory alternatives Zoho Inventory can be a useful tool for managing stock and purchasing, but it’s not suitable for every business. Cin7: Best for small–medium retail businesses.

Inventory Management Software 52

Inventory Management Software Supply Chain Planning Software Supply Chain Design Software Inventory Reduction 52

QAD

MARCH 5, 2020

If Company A buys Company B as a cost synergy play, what do they need to do? If I have two steel suppliers and I can get to one that can do the job at a lower price, I want to execute that. Companies that had different operational processes in everything from accounts payable to shipping and receiving. Bonds are built.

Vendor Strategies 145

Vendor Strategies Cost Reduction Strategies Waste Reduction Price Reduction 145

DELMIA Quintiq

JUNE 20, 2016

The world of container shipping is going through a prolonged period of instability due to oversupply of new ships entering service. Falling container shipping rates created a windfall for shippers and brought tears to shipping lines and ports. As in retail, shipping faces imbalance between supply and demand.

Big Data 120

Big Data Shipping Data Supply Chain Planning Software 120

The Logistics & Supply Chain Management Society

FEBRUARY 15, 2021

Do you transport your products to your customers on the other side of the world in a container ship? Well, how much carbon did the ship emit in the course of the move? If you purchased trucks for your shipping fleet, how much carbon was emitted in making those vehicles? Are Ocean Freight Prices Absolutely Broken?

Vendor Strategies 246

Vendor Strategies Purchasing Skills Pricing Training Optimal Sourcing 246