Remove Definition Remove Examples Remove Purchasing Skills Remove Webinar
article thumbnail

[INFOGRAPHIC] Interesting Facts & Financial Breakdown of the Global Logistics Market

GlobalTranz

Editor’s Note: Almost 14 months ago we wrote one of our most popular posts entitled, “ The History of Supply Chain and Logistics Management ” contained a bit of history, definitions, and a great infographic visually going through the history of supply chain and logistics management. What is a Logistics Framework?

article thumbnail

What Is Free or Freight on Board (FOB), and Why Should Shippers Understand This Term?

GlobalTranz

Today supply chains stretch around the globe, and few supply chain can exist within a single country without selling or purchasing products or raw materials from other countries. Although its original definition was used exclusively for seafaring transport, modern use of the term can be applied to all shipment modes of transit.

Freight 82
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

[INFOGRAPHIC] Supply Chain Mobility & How it is Creating More Efficient Manufacturing Productivity

GlobalTranz

Each of these definitions applies to a manufacturer’s ability to produce a surplus of a product. Imagine if the typical definitions of productive were applied to manufacturing. Preliminary analysis of smartphone sales in the US indicate more than 120 million smartphones will be purchased, sold, or traded in 2016.

article thumbnail

4 Long Term Ways to Save with Less Than Truckload Freight Shipping

GlobalTranz

However, the set-up costs and initial implementation of LTL relationships can seem daunting. Although these factors represent real costs, the greatest benefit is fully realized over long-term projections and operations. Let’s take a look at how the TMS impacts the costs of shipping over the long term in four critical areas.

article thumbnail

5 Facts About American Manufacturing & 3 Reasons to Work In Manufacturing

GlobalTranz

And Marlin would never be able to match its Chinese competitors on price. "My My steel was costing me $7 a basket," says Greenblatt. "We It had the wrong customers; it had the wrong products; it had the wrong prices. Chinese factories were selling baskets for $6 each. Marlin's customers were switching to save $200 a store.

article thumbnail

What Drives an Investment in a Warehouse Management System? 5 Considerations for Your Selection

GlobalTranz

Transportation costs make up 60 percent of overall logistics expenses for all shippers and 3PLs. For these companies, the use of a dedicated transportation management system, such as Cerasis™ Rater , can be deployed to lower transportation costs across the entire supply chain. Implementation Costs.

article thumbnail

EDI Integration For Shippers: 6 Myths Busted with the Real Truths

GlobalTranz

Truth: It’s Well Worth the Cost. While there is a cost associated with EDI integration, it is definitely worth it. The cost of EDI integration is immediately justifiable. For this reason alone, EDI integration is well worth its initial implementation cost. Myth: It’s Too Expensive.