SYSPRO Smarter ERP

JUNE 22, 2022

Margins for manufacturing firms are under pressure from increasing competition, rising material prices, high labour costs and supply chain disruptions. For example: Your inventory manager likely wants better accuracy of the quantity and location of inventory. Picking (in batches, by expiry date or by location, for example).

ERP 98

ERP Supply Chain Planning Software Inventory Reduction Supply Chain Design Software 98

SYSPRO Smarter ERP

JUNE 22, 2022

Margins for manufacturing firms are under pressure from increasing competition, rising material prices, high labour costs and supply chain disruptions. For example: Your inventory manager likely wants better accuracy of the quantity and location of inventory. Picking (in batches, by expiry date or by location, for example).

ERP 97

ERP Supply Chain Planning Software Inventory Reduction Supply Chain Design Software 97

Blue Grace Logistics

NOVEMBER 28, 2023

Growers, shippers, and retailers with advanced supply chain strategies are earning consumer loyalty, thanks in part to the supply chain professionals who plan, execute, and adapt to the challenges posed by fresh produce. A perfect example of how the transitional seasons demand the produce supply chain is built to be nimble and adaptable.

Supply Chain Planning Software 62

Supply Chain Planning Software Supply Chain Software Supply Chains Waste Reduction 62

GlobalTranz

JANUARY 27, 2015

This is a two part series talking about the implications of the shift towards dimensional weight pricing. Today’s post will cover more on what is dimensional weight pricing and some tips to know to get prepared for a possible sweeping shift to DIM pricing in less-than-truckload (LTL) shipping.

Negotiating Skills 107

Negotiating Skills Price Reduction Cost Reduction Freight 107

GlobalTranz

JANUARY 16, 2018

The US energy industry is also awaiting changes in basic operating procedures, which are expected to dramatically reduce energy costs. Manufacturing Strategy Will Reduce the Burden of Costs of Transformation. Manufacturers are also ready to reinvent operational strategies. Risk Management Will Take Priority.

Manufacturing Procurement 86

Manufacturing Procurement Price Reduction Cost Reduction Waste Reduction 86

Blue Grace Logistics

JULY 27, 2021

We explore how predictive analytics and big data with human sentiments can add value and amplify their supply chain strategies. The drivers for growth are not simple factors like the price or quality of a product. Simple Examples of Predictive Analytics. Check out our July Webinar! It tries to remove the inefficiencies.

Procurement Analytics 62

Procurement Analytics Supply Chain Planning Software Supply Chain Software Supply Chain Design Software 62

Logistics Viewpoints

NOVEMBER 21, 2022

Because of the food giant’s size, their sustainability strategy also is very broad. The focus of my interview with Mr. Andrew was the company’s efforts to reduce greenhouse gas (GHG) emissions across their end-to-end value chain. Reduce miles, reduce touches, become more efficient all the way through” your supply chain.

Food and Agriculture 113

Food and Agriculture Supply Chain Planning Software Supply Chain Design Software Purchasing Skills 113

GlobalTranz

JANUARY 26, 2018

Automate Inventory Control to Reduce Errors. Automating inventory control processes is the simplest way to control inventory and reduce lost warehouse inventory. Stop Hiding Inventory Pricing From Employees. Use These Best Practices to Reduce Lost Warehouse Inventory. Set Realistic Inventory Thresholds.

Inventory Reduction 80

Inventory Reduction Inventory Price Reduction Cost Reduction 80

GlobalTranz

MARCH 8, 2016

So how does this change with LTL dimensional pricing? . This just does not make common sense, and carriers are moving towards a dimensional pricing model (DIM pricing) to help level the playing field when shipping products of different weight and density. Myths of LTL Dimensional Pricing. It's a way to get more money.”.

Purchasing Skills 52

Purchasing Skills Price Reduction Packaging Cost Reduction 52

Parade

FEBRUARY 8, 2021

This is due to the fact that in-network carriers are less of a wild card: they have a proven track record of success, and their pricing is often within an acceptable range. million carriers, and it comes equipped with many extra features like market mapping, pricing suggestions for complex routes, payment protection, and DAT RateView.

Negotiating Skills 78

Negotiating Skills Price Reduction Expense Reduction Cost Reduction 78

Parade

FEBRUARY 8, 2021

This is due to the fact that in-network carriers are less of a wild card: they have a proven track record of success, and their pricing is often within an acceptable range. million carriers, and it comes equipped with many extra features like market mapping, pricing suggestions for complex routes, payment protection, and DAT RateView.

Negotiating Skills 78

Negotiating Skills Price Reduction Expense Reduction Cost Reduction 78

Parade

FEBRUARY 8, 2021

This is due to the fact that in-network carriers are less of a wild card: they have a proven track record of success, and their pricing is often within an acceptable range. million carriers, and it comes equipped with many extra features like market mapping, pricing suggestions for complex routes, payment protection, and DAT RateView.

Negotiating Skills 78

Negotiating Skills Price Reduction Expense Reduction Cost Reduction 78

AIMMS

MARCH 8, 2016

Transportation capacity and cost: carriers are more selective about which retailers they work with and parcel pricing strategies are changing. Retailers need to respond with innovative transportation strategies and packaging options, as well as training for employees. Watch our webinar and u ncover the possibilities.

Cost Reduction 62

Cost Reduction Inventory Reduction Price Reduction Sourcing Strategies 62

GlobalTranz

FEBRUARY 7, 2017

For example, a manufacturer’s financial, warehousing, shipping and auditing information can be kept safely in one platform. These holistic platforms offer increased versatility and flexibility to adapt to fluctuations within markets, and they can eliminate the overhead costs of running an in-house IT department.

Supply Chain Design Software 76

Supply Chain Design Software Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Software 76

AIMMS

MARCH 8, 2016

Transportation capacity and cost: carriers are more selective about which retailers they work with and parcel pricing strategies are changing. Retailers need to respond with innovative transportation strategies and packaging options, as well as training for employees. Join our webinar and u ncover the possibilities.

Optimal Sourcing 69

Optimal Sourcing Sourcing Strategies Cost Reduction Inventory Reduction 69

GlobalTranz

OCTOBER 11, 2017

In addition, up to 30 percent of consumers are willing to pay premium prices on shipping for same-day and instant delivery, reports McKinsey & Company. Therefore, shippers must be able to control to blend last mile with other shipping strategies. How Shippers Deliver on Last Mile Expectations.

Cost Reduction 56

Cost Reduction Resource Reduction Price Reduction Logistics Network Optimization Software 56

Logistics Bureau

OCTOBER 24, 2022

How retailers are reevaluating post-pandemic inventory strategies. During one of its digital twin trials, Mars reduced the rate at which package overfilling occurred. For example, home improvement retail giant Lowe’s has begun testing Nvidia’s digital twin solution, Omniverse, in two US stores belonging to the chain.

Supply Chain Planning Software 62

Supply Chain Planning Software Supply Chain Software Supply Chains Optimal Sourcing 62

GlobalTranz

FEBRUARY 3, 2016

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. Thousands of articles have been written on the driver shortage , increasing fuel prices, and growing concerns over government regulations. Think back to our example.

Cost Reduction 54

Cost Reduction Price Reduction Waste Reduction Material Savings 54

GlobalTranz

JUNE 16, 2015

Furthermore, innovation has replaced previous expectations and practices of reducing prices and focusing on reducing the consumers’ costs. Innovation Reduces Risk to Businesses. When considering innovation for a business, the overall goal is and always will be expansion and business growth. Innovation For IT Departments.

Manufacturing Procurement 101

Manufacturing Procurement Purchasing Skills Price Reduction Supply Chain Design Software 101

AIMMS

FEBRUARY 9, 2017

Prescriptive Analytics is at the cutting edge of data science and companies are increasingly interested in exploring its benefits. Perhaps most importantly, changing your strategy is nearly impossible. Let’s take an example from one of our clients in manufacturing. Take production planning tools, for example.

Supply Chain Planning Software 78

Supply Chain Planning Software Optimization Software Modeling Software Optimal Sourcing 78

GlobalTranz

FEBRUARY 6, 2017

While supply chain entities struggle to stay competitive with the e-commerce giant, more organizations will look for ways to eliminate inefficiencies and boost operations. Per IDC Manufacturing Insights , the use of robotics will become more platform based through robot-as-a-service, reducing costs of deployment and maintenance.

Supply Chain Planning Software 73

Supply Chain Planning Software Procurement Analytics Supply Chain Software Manufacturing Procurement 73

GlobalTranz

MAY 25, 2018

Warehouses lacking IoT-based technologies lose opportunities, and as customers become more aware of third-party sellers, online mega-giant resellers, and faster ways to get products at a cheaper price, the importance of accountability and visibility into operations will reign supreme.

Inventory Reduction 50

Inventory Reduction Supply Chain Planning Software Inventory Supply Chain Software 50

GlobalTranz

FEBRUARY 28, 2018

Freight forwarders will interact with customers online and automate back office procedures to reduce delivery delays and associated costs. For example, Tesla plans to build a fleet of 500 autonomous trucks, says Kirsten Korosec of Fortune. The ELD mandate will dramatically reduce the number of hours truckers can drive.

Vendor Strategies 57

Vendor Strategies Course Trends Cost Reduction 57

GlobalTranz

NOVEMBER 19, 2015

An Example of Data Collection and Metrics in Logistics and Transportation Management Program Processes. For example, incoming deliveries may be delayed due to inclement weather. In this example, a company may feel the aspect of metrics were left out. This becomes a self-fulfilling circle of order fulfillment at lower prices.

Data 77

Data Sourcing Strategies Optimal Sourcing Transportation 77

GlobalTranz

JUNE 24, 2016

Gainsharing comes with its share of benefits too, and more logistics services providers are starting to use a newer pricing model, Vested Outsourcing, in place of rigid gainsharing models. Gainsharing in logistics is often used by third-party logistics providers ( 3PLs ) as a pricing model. The Drawbacks of Gainsharing.

Price Reduction 51

Price Reduction Logistics Network Optimization Software Cost Reduction Modeling Software 51

GlobalTranz

NOVEMBER 21, 2016

Cutting costs and maximizing value are hallmarks of an efficient transportation management system (TMS) solution. For example, do you need less-than-truckload (LTL), small package, full truckload (FT) or freight consolidation? You cannot improve what you do not understand, and the same applies to your current operations.

Negotiating Skills 79

Negotiating Skills Optimization Software Cost Reduction Price Reduction 79

GlobalTranz

SEPTEMBER 5, 2017

Parcel dimensional weight and pricing have become standard in the shipping industry. But, many shippers continue to fret over how dimensional pricing ( DIM Pricing ) will impact their bottom lines. However, DIM pricing is not a fad or something to fear if you know what it means and how to calculate it. 1,000 / 166 = 6.02.

Packaging 61

Packaging Negotiating Skills Price Reduction Expense Reduction 61

GlobalTranz

MAY 21, 2015

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. Managers should ensure that a firm’s transportation strategy supports its competitive strategy. Living things are always changing.

Supply Chain Planning Software 100

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

GlobalTranz

JULY 9, 2015

Throughout this time, 3PL transportation management providers have taken advantage of the low-costs of transportation, which further reduced the costs for businesses and manufacturers. Furthermore, you can prepare for the change by understanding what 3PLs can do to help attempt to maintain lower prices of transportation.

Price Reduction 102

Price Reduction Cost Reduction Trucking Resource Reduction 102

Blue Grace Logistics

APRIL 28, 2023

China tensions and the pandemic-driven distribution crisis forced businesses to give priority to supply-chain resiliency over the cost-cutting that once sent that production to Asia, particularly China, consultants and deal makers say. companies opening factories in Mexico, for example, nor investment in private real estate.

Trends 62

Trends Negotiating Skills Supply Chain Planning Software Supply Chain Software 62

GlobalTranz

OCTOBER 17, 2017

That saying is the cornerstone to understanding why white glove services & last mile deliveries are proverbial gold in logistics strategies. Think about this conundrum: should last mile services be based on quality or price? Implementing white glove services & last mile logistics strategies requires back-end technology.

Logistics Network Optimization Software 60

Logistics Network Optimization Software Cost Reduction Expense Reduction Price Reduction 60

GlobalTranz

AUGUST 28, 2017

Parcel carriers are spending less per shipment, and LTL shippers are spending less by reducing the “work” that goes into shipping. Moreover, small packages must adhere to the dimensional (DIM) pricing requirements. For example, a package with a total volume more than 166 inches 3 may incur a surcharge by the carrier.

Price Reduction 0

Price Reduction Cost Reduction Ordering Packaging 0

GlobalTranz

MAY 8, 2017

This example generates a huge amount of data that can leverage in the supply chain. While this example may still be a few years off, it is important that you understand how the top emerging trends in automation will shape supply chains and transportation processes in the coming years. The truck never stops until arriving for reloading.

Supply Chain Software 75

Supply Chain Software Supply Chains Automation Trends 75

GlobalTranz

AUGUST 24, 2015

However, one of the most important aspects of supply chain strategies is often overlooked: the reverse supply chain (also referred to as reverse logistics ). A reverse logistics strategy provides a path for removing the existing equipment to make way for the next era of equipment in the case of end of life products or new upgrdes.

Price Reduction 97

Price Reduction Resource Reduction Expense Reduction Material Savings 97

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. They needed to be agile and understand when to change pricing or suppliers more quickly. Take production planning tools, for example. But they operate in a highly volatile market.

Supply Chain Planning Software 62

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

GlobalTranz

APRIL 28, 2016

If we consider that the report in 2015 held such high statistics due to the implications of low diesel prices for the last four months of the year, the trucking-related costs and nominal figures could easily appear more damaging when the 2015 report comes out this summer. percent of all transport costs. This sounds complex, and it is.

Cost Reduction 51

Cost Reduction Resource Reduction Price Reduction Expense Reduction 51

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