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

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

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. Diversify the sources of financing.

Supply Chain Planning Software 89

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

The Logistics & Supply Chain Management Society

FEBRUARY 15, 2021

Identifying sources of Carbon emissions. These are classified into sources of emissions as Scope 1, Scope 2 and Scope 3. These are considered “indirect” greenhouse gas sources. Scope 3 emissions are the amount of carbon emitted by vendors and suppliers in your value chain, another indirect source. MORE FROM THIS EDITION.

Vendor Strategies 246

Vendor Strategies Purchasing Skills Pricing Training Optimal Sourcing 246

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

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

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. Let’s look at some cost of sales examples across common sectors.

Purchasing Skills 52

Purchasing Skills Negotiating Skills Cost Reduction Strategies Examples 52

Logistics Viewpoints

JULY 26, 2024

The price of the acquisition, which is expected to close by the end of the year, was not disclosed. The canal is a key source of revenue for the government of Egypt, and it is one of the country’s top earners of foreign currency. It will be interesting to see if the team is able to dominate when the stakes matter.

Logistics Network Optimization Software 226

Logistics Network Optimization Software Logistics Rail Software Long Beach 226

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

Talking Logistics

OCTOBER 29, 2013

You could answer them with a purchase order (P.O.) You write an RFQ, screen candidates, create a short list, select the provider, and negotiate service requirements and a cost structure. Your stakeholders can: Align sourcing, purchasing, logistics, and I.T. Commit to systems and process training. Sourcing uses P.O.

Pricing Training 143

Pricing Training Purchasing Skills Purchasing Training Supply Chain Planning Software 143

QAD

MARCH 5, 2020

If Company A buys Company B as a cost synergy play, what do they need to do? Every key vendor needs to be vetted, and then sourcing decisions need to be made and supply chain changes enacted. Every key vendor needs to be vetted, and then sourcing decisions need to be made and supply chain changes enacted. Bonds are built.

Vendor Strategies 145

Vendor Strategies Cost Reduction Strategies Waste Reduction Price Reduction 145

Unleashed

APRIL 21, 2024

It’s the journey that order takes from the second they click ‘Buy’ to the moment all the goods are delivered to your customer’s doorstep. Once confirmed, the ordered items are picked from your inventory, sorted, packed, and shipped to the customer. Shipping: The order is handed over to a delivery service.

Inventory Management Software 52

Inventory Management Software Analytics Software Supply Chain Design Software Demand Planning Software 52

Precoro

MARCH 30, 2022

A procurement strategy defines how purchasing decisions are made. Strategic procurement helps to determine which goods or services to select, from which suppliers, and how much to pay based on data about vendors, market, pricing, and other vital factors. Global Sourcing. What is the Purpose of a Procurement Strategy?

Vendor Strategies 52

Vendor Strategies Sourcing Strategies Cost Reduction Strategies Price Reduction 52

Elementum

AUGUST 10, 2022

According to research, 84% of customers will not return to a business after a poor delivery experience; 98% also believe that shipping influences brand loyalty. They serve as a single source of truth for all supply chain-related issues, and help you identify and tackle them immediately after they arise.

Supply Chain Planning Software 78

Supply Chain Planning Software Supply Chain Software Negotiate Pricing Supply Chain Planning 78

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.

Negotiate Pricing 52

Negotiate Pricing Supplier Management Procurement Analytics Negotiating Skills 52

The Logistics & Supply Chain Management Society

JANUARY 13, 2021

Governments have spent considerable time, effort and political capital negotiating such agreements. Although somewhat simplistic, that is not necessarily a bad way to think about FTAs, at least for companies that ship goods across borders. It is not immediately evident why this is so. What might businesses want to consider?

Pricing Training 245

Pricing Training Negotiating Skills Purchasing Training Optimal Sourcing 245

ShipBob

APRIL 21, 2021

Below we share how eco-friendly shipping can help this cause and some of the ways brands are offsetting their carbon footprint. What is eco-friendly shipping? Global impact of shipping on the environment. The convenience, speed, and ubiquity are what make online shopping and 2-day shipping so appealing.

Shipping 52

Shipping Material Savings Waste Reduction Inventory Reduction 52

EMERGE App

APRIL 5, 2024

But there is one thing you must be sure of before choosing to set up a warehouse in another country: the warehouse price must be reasonable. Price element As a wholesale distribution and trading owner, you might think going after cheap pricing will win the market. So the advice is do not follow the cheap price unconsciously.

Purchasing Skills 52

Purchasing Skills Negotiating Skills Price Reduction Sourcing Strategies 52

Jaggaer

OCTOBER 14, 2024

For instance, Virginia Gonzalez noted that research and development (R&D) teams sometimes call for unusual ingredients that are very challenging to source. Keep a pulse on the R&D team’s agenda so you can have a voice in decisions involving components or ingredients that are difficult or costly to source.

Boston 52

Boston Negotiating Skills Price Reduction Cost Reduction Strategies 52

Synovos

JANUARY 16, 2024

For every purchased spare part there are potential challenges around lead time, parts availability, pricing, invoicing, quantity, quality, and more. Incorrect weights and measures and packaging sizes, redundant suppliers, simple typing errors, incorrect ship to addresses, all slow down the ordering process.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Design Software Manufacturing Procurement Supply Chain Planning Software 52

Synovos

JANUARY 16, 2024

For every purchased spare part there are potential challenges around lead time, parts availability, pricing, invoicing, quantity, quality, and more. Incorrect weights and measures and packaging sizes, redundant suppliers, simple typing errors, incorrect ship to addresses, all slow down the ordering process.

Optimal Sourcing 52

Optimal Sourcing Manufacturing Procurement Supply Chain Design Software Supply Chain Planning Software 52

Synovos

JANUARY 16, 2024

For every purchased spare part there are potential challenges around lead time, parts availability, pricing, invoicing, quantity, quality, and more. Incorrect weights and measures and packaging sizes, redundant suppliers, simple typing errors, incorrect ship to addresses, all slow down the ordering process.

Optimal Sourcing 52

Optimal Sourcing Manufacturing Procurement Supply Chain Design Software Supply Chain Planning Software 52

GlobalTranz

AUGUST 7, 2015

By expediting the source of supplies in tandem with customer orders, faster service is provided with less expense. Even the best manager can’t keep up with all sources of supplies, much less which supplies currently have the best prices along with their locations and shipping speeds while staying abreast of standard needs and special orders.

Big Data 120

Big Data Analytics Software Predictive Analytics Procurement Analytics 120

Logistics Bureau

APRIL 20, 2020

COVID-19 and the Future of China Sourcing and Manufacture. The overriding reason for this China-dependence is the cost factor, and weaning manufacturing away from that country comes at a hefty price. But global dependence on Chinese manufacturing is mind-boggling…. Factors That Could Complicate Departure From China.

Manufacturing Procurement 52

Manufacturing Procurement Sourcing Strategies China Material Savings 52

Intelligent Audit

OCTOBER 12, 2022

The shipping industry plays a significant part in this equation, as carbon emissions from shipping make up a substantial portion of the problem. Also, shipping is connected to every industry that sells goods or products. Shipping Emissions Statistics & The Impact Carbon Emissions from Shipping Have on the Climate.

Waste Reduction 52

Waste Reduction Resource Reduction Price Reduction Cost Reduction Strategies 52

Unleashed

OCTOBER 4, 2023

The order fulfilment process covers every step required to get goods to the people who purchase them, from the moment a customer places an order to when they receive their purchase. Shipping and logistics: Selecting the appropriate shipping method, arranging transport, and coordinating with couriers for delivery.

Inventory Reduction 52

Inventory Reduction Sourcing Strategies Resource Reduction Cost Reduction Strategies 52

Supply Chain Game Changer

AUGUST 21, 2022

A global chemical manufacturer recently had to replace ships that transported bulk materials to ports. These materials were then transferred to barges and rail cars for delivery, and finally to terminals where they were packaged into shipping containers for final delivery by rail. Another important aspect of logistics is time.

Inventory Reduction 104

Inventory Reduction Price Reduction Cost Reduction Strategies Material Savings 104

Freight Plus

SEPTEMBER 20, 2018

Land and ocean carrier consolidation, warehouse automation, shifting sourcing structures, and digital supply chain transformation all have a tremendous impact on the current state of the logistics industry. Beyond just cost, they require operational know how and departmental structure to support them (IT, training, etc.)

Negotiating Skills 40

Negotiating Skills Pricing Training Transportation Management Purchasing Training 40

Unleashed

MARCH 5, 2024

Automation has many uses in eCommerce, including for: Supply chain management Inventory management Order processing Shipping Customer service Email marketing Advertising Benefits of eCommerce automation The main benefits of eCommerce automation are that it saves you time and money, improves data accuracy, and lifts productivity.

Supply Chain Software 52

Supply Chain Software Procurement Solutions Examples Inventory Management Software 52

Elementum

MAY 1, 2018

Potential Sources of Disruption. Well-documented ~ Your contingency plan is of little value unless all relevant stakeholders are trained on it and prepared to jump into action when a disruption does occur. Identifying sources of risk and developing a plan are only part of the story. Unplanned IT or telecommunications outage.

Pharmaceutical 94

Pharmaceutical Supply Chain Planning Software Supply Chain Planning Supply Chain Design Software 94

Unleashed

MAY 4, 2023

Endless aisle products can then be shipped directly to the customer or picked up instore at a later date. 4 profitable endless aisle strategies Endless aisle strategies add virtual stock to your product range – not physically present, but still available for your customers to purchase in-store.

Inventory Reduction 52

Inventory Reduction Material Savings Price Reduction Resource Reduction 52

Unleashed

JANUARY 16, 2023

Business growth is often stunted by tedious mundane tasks like hiring and training staff, sourcing vendors and carriers, and dealing with customer returns. 3PL providers are experts when it comes to shipping and logistics. There are supply chain management, shipping documentation, and accounting duties to worry about.

Third Party Logistics 98

Third Party Logistics Logistics Network Optimization Software 3PL Inventory Management Software 98

Precoro

FEBRUARY 9, 2024

Zug Campus - Source: ISZL website Initial purchasing process at ISZL Before last year, when faculty and staff at the International School of Zug and Luzern wanted to buy something, they could briefly discuss it with the principal or other budget holders and then order what was needed instead of going through a formal process.

Purchasing Skills 52

Purchasing Skills Pricing Training Purchasing Training Procurement Solutions 52

OptiProERP

JANUARY 17, 2023

If you don’t, you could miss shipping deadlines, which would impact your customers and your reputation. Suppliers can log into a portal to see purchase orders at any time, and the supply chain module can monitor how suppliers are performing. If there are any problems, it can track the source of defective items by machine and worker.

Manufacturing Procurement 52

Manufacturing Procurement Supply Chain Planning Software Manufacturing Negotiating Skills 52

Supply Chain Game Changer

JUNE 30, 2021

A product’s quality and price no longer define how much value a good has. The tremendous shift of the seller-consumer dynamics now puts convenience, speed, and outstanding logistics supervision on the consumer’s list for a complete buying experience. Well-Trained Delivery Experts. This is where white glove services come in.

Logistics Network Optimization Software 98

Logistics Network Optimization Software Pricing Training Buyer Training Purchasing Training 98

JDA software

JANUARY 8, 2019

Everything is changing – from pricing and planning the just right product assortments to forecasting demand and creating an unforgettable in-store experience. When it comes to product assortments, promotions, pricing and experience, your shoppers want everything their way. Price optimization is a must with growing competition.

Supply Chain Planning Software 86

Supply Chain Planning Software Demand Planning Software Predictive Analytics Software Supply Chain Network Software 86

Global Trade Management

SEPTEMBER 4, 2023

Research conducted by Label Insight revealed that 81% of consumers actively seek more information about where their food is grown or raised before purchasing. Moreover, 58% are willing to pay a premium if it supports local farmers, while 57% will only buy items certified as organic or non-GMO (genetically modified organisms).

Food 59

Food Meeting Pricing Training Supply Chain Design Software 59