GlobalTranz

SEPTEMBER 3, 2015

Efficiency begets costs savings, and let's be honest, we are all looking for ways to do that! We wanted to see if DFMA could aid in other ways to save on total costs in the supply chain. . There are two types of design that are woven together with a DFMA strategy: manufacture and assembly. Assembly Analysis.

Cost Reduction 101

Cost Reduction Supply Chain Design Software Supply Chain Design Material Savings 101

GlobalTranz

JULY 8, 2015

And at the end, check out a nice infographic speaking more to reverse logistics strategies and practices. Throughout the course of business, there will be a series of recurring updates for equipment, software, and materials. For example, a returned product may only require rewrapping of exterior for sale to a secondary consumer.

Reverse logistics 110

Reverse logistics Material Savings Cost Reduction Logistics Network Optimization Software 110

GlobalTranz

JULY 2, 2015

In addition, you will save energy and water by running equipment only when it’s needed. Another important way to reduce waste is by eliminating or reducing scrap. It’s a pretty sure bet that whatever it is that drives it crazy is also a likely cause of wasted time, wasted material or wasted energy. Error Proofing.

Manufacturing Procurement 67

Manufacturing Procurement Waste Reduction Material Savings Resource Reduction 67

GlobalTranz

OCTOBER 5, 2015

Thus, in the global supply chain, exploiting the opportunity presented by the Internet of Things technology can improve: revenue growth, asset utilization, waste reduction, customer service, profitability, sustainability, security, risk mitigation, working capital deployment, agility and. Predictive capabilities and modeling to reduce costs.

Optimal Sourcing 111

Optimal Sourcing Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 111

GlobalTranz

NOVEMBER 17, 2016

The most common complaint of newer companies using big data analytics capabilities tends to revolve around traditional questions of business strategy. Consider the following elements explains John Richardson of Inbound Logistics, that impact business strategy. Raw material suppliers and logistics. Increasing order efficiency.

Supply Chain Design Software 115

Supply Chain Design Software Supply Chain Software Procurement Solutions Supply Chain Design 115

GlobalTranz

MAY 26, 2017

According to a recent study, reports Material Handling and Logistics , only 3 percent of respondents believe their existing technology supports an improved customer-focused logistics experience. In fact, the only way to bring costs down beyond traditional capabilities lies in devising a strategy-based approach to customer service.

Cost Reduction 66

Cost Reduction Expense Reduction Material Savings Logistics Network Optimization Software 66

Logistics Bureau

JULY 25, 2022

Secondly, materials and products originating in Russia and Ukraine are now in short supply, as they are simply not moving out of those countries. The war continues to induce a welter of problems that are adding up to a nightmare scenario for global business, and many companies must look expeditiously to mitigation strategies.

Supply Chain Design Software 104

Supply Chain Design Software Supply Chain Design Supply Chains Scenario Planning 104

GlobalTranz

APRIL 22, 2015

In this infographic you will learn, for example, that the global market value for logistics has surpassed $4trillion. In other words, logistics is defined as a business planning framework for the management of material, service, information and capital flows. Today, we bring you yet another infographic.

Global logistics 116

Global logistics Material Savings Cost Reduction Supply Chain Planning Software 116

GlobalTranz

MAY 17, 2017

In other words, politics can lead to tax benefits and incentives for companies that abandon waste-producing practices or work to reduce their carbon footprints. Essentially, creating and implementing a sustainability strategy is the only long-term solution companies have to avoid possible compliance violations. Reduce costs.

Waste Reduction 73

Waste Reduction Cost Reduction Vendor Strategies Resource Reduction 73

GlobalTranz

MAY 2, 2016

percent inventory accuracy, a 30-percent reduction in labor costs, and a 30-percent reduction in the time of order processing asserts Supply Chain 24/7. Maintenance is becoming proactive, driving down costs from downtime and reducing the workload on humans. More importantly, the potential improvements go beyond these statistics.

Logistics Network Optimization Software 59

Logistics Network Optimization Software Resource Reduction Cost Reduction Expense Reduction 59

GlobalTranz

FEBRUARY 13, 2017

The need for more raw materials is echoed by Nishith Rastogi of Entrepreneur Media as more products are tossed out in favor of the next best thing. As explained by Zvi Schreiber, CEO of Freightos, saving time for end users will be the cornerstone of all logistics operations in 2017. Autonomous Trucks Will Drive Logistics Forward.

Resource Reduction 82

Resource Reduction Trends Inventory Reduction Material Savings 82

GlobalTranz

JANUARY 17, 2017

The use of predictive analytics has the potential to dramatically reduce expenses in the manufacturing sector, particularly with respect to proactive machine maintenance. According to Sundeep Sunghavi, the use of predictive analytics will save approximately $630 billion in the manufacturing industry over the next 15 years.

Manufacturing Procurement 82

Manufacturing Procurement Procurement Analytics Expense Reduction Material Savings 82

Blue Grace Logistics

APRIL 7, 2020

Given the importance of the subject, we hosted a webinar on the topic – From Chips to Dips in Service? Source: BlueGrace Logistics Webinar: From Chips to Dips in Service? For example wholesalers, retailers, e-commerce websites, also benefit in the form of more saleable goods to offer their customers.

Supply Chain Design 62

Supply Chain Design Supply Chains Negotiating Skills Negotiate Pricing 62

GlobalTranz

JUNE 23, 2015

Those changes, along with high costs of transporting materials and finished goods to and from overseas locations, make the value of reshoring likely to become a compelling financial reality for many manufacturers. manufacturers hurried to produce off-shore, believing significant cost reductions and huge profits would follow.

Cost Reduction 104

Cost Reduction Expense Reduction Inventory Reduction Material Savings 104

GlobalTranz

SEPTEMBER 28, 2016

3) Reduce Supply Base Risk by the Effective Application of Focused Systemic Improvements and Risk Factor Analysis. . Closure rate/time for Defective Material Report. 50% improvement) min.

Supply Chain Planning Software 89

Supply Chain Planning Software Supply Chain Software Supply Chains Scenario Planning 89

GlobalTranz

OCTOBER 27, 2017

This can be disastrous for manufacturers that need to purchase raw materials to produce their products. No raw materials equals no manufactured goods equals no profits. Offer prompt payment discount terms to your customers. Unfortunately, it’s possible for a growing, healthy-looking business to be cash poor. Look into factoring.

Supply Chain Planning Software 72

Supply Chain Planning Software Supply Chain Software Supply Chains Material Savings 72

GlobalTranz

NOVEMBER 20, 2015

We feel that if more shippers took a strategic look at shipping versus a tactical one, they will reduce costs, improve customer satisfaction, and remain competitive. Therefore, the amount of time spent picking the items is reduced. The idea of flexibility due to improved processes leads back to inherent savings for labor costs as well.

Inventory Reduction 75

Inventory Reduction Material Savings Cost Reduction Transportation 75

GlobalTranz

FEBRUARY 27, 2018

Manufacturers need to have the right raw materials and supplies available. Manufacturers can tap into the raw materials of one country and produce products in another, while customers continue to exist in an entirely third country. Executives Seek to Lead by Example. Procurement must never be an afterthought in any enterprise.

Manufacturing Procurement 66

Manufacturing Procurement Supply Chain Planning Software Optimal Sourcing Supply Chain Software 66

AIMMS

FEBRUARY 9, 2017

Perhaps most importantly, changing your strategy is nearly impossible. Let’s take an example from one of our clients in manufacturing. The company was using spreadsheets to source its materials. Take production planning tools, for example. A global carrier, for example, used our technology to optimize their network.

Supply Chain Planning Software 78

Supply Chain Planning Software Optimization Software Modeling Software Optimal Sourcing 78

GlobalTranz

AUGUST 21, 2015

Discounted Rates at General Rate Increases. However, existing consumers may receive extensive discounts in general rate increases , or they may not have to pay additional charges if they add to their current monthly shipping needs. For example, a negative relationship could lead to a carrier refusing to include your company.

Negotiating Skills 94

Negotiating Skills Purchasing Skills Material Savings Manufacturing Procurement 94

GlobalTranz

SEPTEMBER 9, 2015

In today's ever more complex supply chain riddled with thousands upon thousands of processes, shipping freight has moved beyond tactical prowess for those who execute well and has evolved to now include strategic, innovative, and collaborative efforts to maintain not only a competitive edge but reduce overall transportation cost footprint.

Negotiating Skills 93

Negotiating Skills Collaboration Material Savings Freight 93

GlobalTranz

SEPTEMBER 21, 2015

Testing may have more to do with the shape or size of a design, rather than its strength or durability, because the prototype may not be made of the same material as the final product. Additive Manufacturing refers to a process by which digital 3D design data is used to build up a component in layers by depositing material.

Manufacturing Procurement 98

Manufacturing Procurement Video Modeling Software Optimization Software 98

GlobalTranz

JANUARY 18, 2017

Machine learning is inextricably linked to the use of robotics and automated systems, and according to the National Institute of Standards and Technology, the use of robotics and automation in 2016 saved $57.4 For example, replacement parts and machine-to-machine connectivity must be easily accessible. billion and $40.1 Industry 4.0

Manufacturing Procurement 58

Manufacturing Procurement Supply Chain Software Optimal Sourcing Procurement 58

GlobalTranz

MAY 21, 2015

Everything from sourcing raw materials, manufacturing, to the sales channels which feed supply for a finished product are essential factors. Many manufacturers & retailers have found that they can use state of the art supply chain management to reduce inventory & warehousing costs while speeding up delivery to the end customer.

Supply Chain Planning Software 100

Supply Chain Planning Software Supply Chain Software Cost Reduction Supply Chains 100

AIMMS

FEBRUARY 9, 2017

Perhaps most importantly, changing your strategy is nearly impossible. Let’s take an example from one of our clients in manufacturing. The company was using spreadsheets to source its materials. Take production planning tools, for example. A global carrier, for example, used our technology to optimize their network.

Supply Chain Planning Software 62

Supply Chain Planning Software Modeling Software Optimization Software Supply Chain Software 62

GlobalTranz

MARCH 27, 2017

For example, liquids could spill. Heavy items could fall onto other packages, and hazardous materials could spread to other shipments. For example, a broken bottle of ethanol could become a fire hazard and damage other items on the same pallet. Impact Protection Reduces Risk For Fragile Contents.

Freight 79

Freight Material Savings Packaging Packing 79

GlobalTranz

SEPTEMBER 11, 2015

For example, a shipper should consider fuel cost forecasts when creating a budget for LTL transport. Ultimately, the supply chain is reflection of hundreds of processes that work together for a common purpose, or the transport of goods and materials from Location A to Location B. Management of Incoming Freight. Carrier Selection.

Material Savings 94

Material Savings Cost Reduction Freight Resource Reduction 94

GlobalTranz

SEPTEMBER 14, 2017

Workers’ union, workplace safety, changes in labor regulations and fluctuations with employee turnover and retention can undo a well-versed logistics strategy. Changing politics of domestic and foreign countries will continue to impact supply chains. Financial Risks Result From Working With Different Banks and Financial Institutions.

Supply Chain Planning Software 88

Supply Chain Planning Software Supply Chain Software Supply Chains Scenario Planning 88

GlobalTranz

JANUARY 13, 2015

Today’s increasingly automated and software driven industries have reduced human intervention to pressing only a few buttons in some cases. Within a few years, the technology has evolved so much that it is now possible to produce almost any component using metal, plastic, mixed materials and even human tissue.

Logistics Network Optimization Software 115

Logistics Network Optimization Software Cost Reduction Waste Reduction Material Savings 115

GlobalTranz

FEBRUARY 3, 2016

Manufacturers must receive raw material inbound and send out product to customers outbound. To add insult to injury, as manufacturers, right now must do all they can to have efficient logistics processes in order to reduce overall costs. Unfortunately, a company’s size does not equal cost reductions.

Cost Reduction 54

Cost Reduction Price Reduction Waste Reduction Material Savings 54

GlobalTranz

OCTOBER 20, 2016

Manufacturers must think about new ways to reduce overhead and eliminate downtime in their factories, such as creating proactive maintenance plans and better allocation of resources. For example, companies can implement new programs and create new resources that meet the demands of millennials.

Buyer Training 95

Buyer Training Resource Reduction Cost Reduction Material Savings 95

GlobalTranz

MARCH 25, 2016

Some argue sustainability initiatives are solely the result of increasing government regulations, but Modern Materials Handling Staff reports another cause, consumers. In another example, Hong Kong began switching conventional traffic lighting to more energy efficient LED traffic lighting. How Important Is Sustainability in Logistics?

Material Savings 59

Material Savings Manufacturing Procurement Cost Reduction Logistics Network Optimization Software 59

GlobalTranz

NOVEMBER 24, 2015

5 Engagement Strategies in Managing a Relationship With a Transportation Management 3PL. Driving business growth and reducing overhead costs remain the top priorities of any business. However, achieving sustainability revolves around reducing, not eliminating, the causes of environment problems. Reducing Emissions.

Cost Reduction 62

Cost Reduction Waste Reduction Resource Reduction Inventory Reduction 62

GlobalTranz

JANUARY 28, 2015

Yesterday we explained how to calculate dimensional weight covering the parcel examples and the impact on shipping costs , in general. For example, 50 pounds per cubic foot or greater will receive class 50 designation. Nearly all pallet dimensioning systems use multiple sensors to reduce or eliminate “shadowing” (i.e.,

Negotiating Skills 97

Negotiating Skills Price Reduction Cost Reduction Waste Reduction 97

GlobalTranz

APRIL 18, 2016

When the Internet first arrived, the idea of waiting for an extended period to receive a product was great, asserts Gordon Hellberg of Material Handling and Logistics. Furthermore, this model of e-commerce and omnichannel solutions has enabled Wal-Mart to optimize load consolidation processes and reduce costs across the organization.

Waste Reduction 91

Waste Reduction Cost Reduction Inventory Reduction Resource Reduction 91

GlobalTranz

JANUARY 10, 2017

In other words, the use of AI may help to improve patient outcomes and reduce delays from misdiagnoses or laboratory testing. For example, planning, purchase order placement, manufacturing floor information logistics operations and beyond became essential variables in the goal of creating a more agile supply chain.

Manufacturing Procurement 65

Manufacturing Procurement Optimal Sourcing Procurement Analytics Procurement Solutions 65

GlobalTranz

FEBRUARY 24, 2015

Large shippers can save millions of dollars annually if they obtain and act on this data. Transportation spending is a perennial target of budget-cutting exercises, and a large, multi-faceted cost center for many companies; some may spend three to six percent of their materials costs on transportation. Invest in Technology.

Data 94

Data Transportation Cost Reduction Material Savings 94