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Parcel Contract Negotiation Services and Some Essential Pointers

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  Parcel shipping has picked up the pace post-Covid, but with shipping becoming ever more expensive, you need to negotiate your carrier contracts as precisely as possible, because those costs could very well be the difference between profit and loss. For an effective negotiation, you need a technologically driven parcel contract negotiation service. For most companies, shipping and delivery through external carriers occupies a substantial chunk of their annual budget. This is why businesses seek the assistance of the best parcel contract negotiators and their contract negotiation expertise. TransImpact is the pioneer of the parcel contract negotiation industry and can assist you in parcel contract optimization. Via our proven negotiation process, proprietary technology, and, most importantly, the market expertise of our people, we find savings that no one else can. Our flawless winning record and guaranteed parcel cost reduction ensure that you get: 100% Savings – We find savings ...

Demand Planning Software - Seven Challenges Demand Planners Face

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  The most stubborn and expensive issue business leaders face is related to demand planning.   Demand planners who rely on poorly researched demand planning disappoint customers, bleed profits, and lose market share to more efficient and tuned-in competitors.    Gut instincts and spreadsheets cannot understand the sheer scale and complexity of the supply chain management operations. That is why, in order to thrive in this competitive market, industry leaders use technologically backed demand planning softwar e to get consistently more accurate results.   So, how can you meet these demand planning challenges and improve your profits and future sales?   Before finding the solution to these challenges, we need to address them first. Let’s find out more about the challenges the demand planners face during the planning process:   1. Gathering Information from Across Different Departments   Creating a demand plan means gathering information across all t...

Capture Big Savings On Parcel Spend Management 

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This is the golden era for the e-commerce industry and fast and free shipping as both customer expectations and demand are growing exponentially. However, many businesses are facing difficulty dealing with parcel shipping. Carriers across the globe are running at full capacity, and shipping costs are unparalleled. That’s why it's crucial for businesses to find parcel spend management to optimize their parcel spend.   What Is Parcel Spend Management?   Parcel spend refers to the transportation cost associated with parcel carriers. That includes parcel weight, distance, and service level. Parcel spend management is using technology to analyze your parcel data and manage your parcel spend costs.   There are also several additional fees squeezed into your parcel contract that could affect your shipment invoice unexpectedly.   When it comes to parcel contract management , the goal is to select the most cost-effective and optimized carriers so that you won't leave money o...

Tip to Create an Effective Capacity Planning Process

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  Imagine you have a vision for your company, and everyone is sure it can take it to all-new highs and generate loads of revenue. However, you recently released a large chunk of your resources for cost-cutting, and now you know you cannot achieve your goals without resources. So, what will you do? Call them back, hire novel resources in vast numbers and once the goals get accomplished, let them go again, right? Instead, you can use Capacity Planning Software.    Capacity Planning Software  backed up by advanced algorithms helps you supervise and manage your capacity effectively. One question that even numerous big companies ask us is why we need Capacity Planning. And our answer is simple: so that you don’t have a shortage of resources when you need them the most or don’t have to cut someone off when you do not have enough work for them.    The art of managing your resources so that it increases your business' efficiencies is called Capacity Planning. If do...

Key Things to Consider Before Implementing S&OP Software 

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  The demand of customers is increasing at a rapid pace. Companies need agility and adaptability to tackle the volatile nature of today’s demand. In this fast-paced environment, one thing that bridges the gap between actual and planned demand is Sales and Operations Planning. Many businesses use Sales and Operations Planning Software to make the planning process more flexible, fast paced, and easily accessible. Globally, an effective S&OP solution is considered a panacea for all the planning failures and inefficiencies. Sales and operations is extremely easy to implement on paper; however, to execute the same in existing supply chain is troublesome and needs absolute precision. Here are a few things that you might want to consider while implementing sales and operation planning solutions: The Timeline: How long you are going to use the implemented solutions is one of the elementary questions you should ask yourself before executing S&OP solutions. What data are you going ...

Why is Inventory Planning Software Beneficial for Your Business? 

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  What do you think is at the core of your business? Your excellent marketing strategies, or your online and offline footprints...Well, neither of those. The heart of your business is inventory management and efficient Inventory Planning Software . Why? As reported by IHL, businesses lost more than $1.75 trillion in 2020 to mismanaged inventory, and retailers lost more than $505 billion due to an out-of-stock inventory. Now, even if you have the most extensive marketing campaign, without proper inventory management, you will lose revenue.    Still, various businesses use spreadsheets or inefficient ways to manage their inventory. Imagine a customer looking at your store or website sitting there to give you sales and money but can’t. Because you do not have the stock, or even if you have, you don’t know where the product is and how much time it will take to deliver it. This is a classic mismanaged inventory example. There are thousands of businesses that go through this sc...

3 Ways to improve S&OP Planning with Sales & Operations Planning Software

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  In today's business environment, ther e’s a lot of mphasis on how firms can and should utilize cloud-based services to get more accurate insight from their data analytics and enhance their sales and operations planning. Excel spreadsheets may make it difficult for businesses to achieve proper quota setting, sales budgeting, and sales and operations planning. Most departments realize they waste too much time maintaining and organizing data instead of analyzing it. TransImpact offers you the best Sales and Operations Planning Software to integrate across your Supply Chain Management.   The following are the advantages of integrating TransImpact S&OP Software with your business:   1. Incorporate data from your CRM into your planning and forecasting process.   More than 75% of the best-in-class solutions give enterprise-wide visibility on the size, timing, and phase of transactions, providing an on-demand perspective of where the company is headed. In turn, ...