GlobalTranz

SEPTEMBER 15, 2016

In this blog, Greg discusses the real cost of inaction when you dont adopt new supply chain technology. New Supply Chain Technology: The Real Cost of Inaction. There can be a significant opportunity cost in failing to make smart tech investments. . The cost of the status quo. And do the cost-benefit analysis.

Supply Chain Planning Software 91

Supply Chain Planning Software Supply Chain Software Supply Chain Technology Supply Chains 91

GlobalTranz

APRIL 22, 2015

In this infographic you will learn, for example, that the global market value for logistics has surpassed $4trillion. Examples of this fundamental progress include the invention of the sea cargo container and the creation of novel service systems during the 20th century. Today, we bring you yet another infographic.

Global logistics 116

Global logistics Material Savings Cost Reduction Supply Chain Planning Software 116

GlobalTranz

NOVEMBER 19, 2015

This is where metrics becomes necessary for the analysis and monitoring of data. However, metrics may also be applied to the algorithmic analysis of data to identify what data needs to be removed, clarified, or analyzed in further detail. For example, incoming deliveries may be delayed due to inclement weather.

Data 77

Data Sourcing Strategies Optimal Sourcing Transportation 77

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

OCTOBER 10, 2017

Using technology to improve last mile metrics is essential to driving last mile costs down, but how do shippers know if the technology is helping or hurting? These metrics provide a quick yes or no analysis of the effectivity of your last mile logistics strategy. Cost Per Item, Per Mile, and Per Vehicle. Number of Stops.

Cost Reduction 61

Cost Reduction Waste Reduction Expense Reduction Logistics Network Optimization Software 61

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. This reduces overhead while reducing costs and issues experienced by the consumers. Predictive Analytics Became Commonplace to Manufacturing.

Manufacturing Procurement 82

Manufacturing Procurement Procurement Analytics Expense Reduction Material Savings 82

GlobalTranz

FEBRUARY 24, 2016

Lean manufacturing refers to eliminating waste, reducing costs, and improving production with finite resources. As a result, many manufacturers have deployed extensive process review and analysis programs to move towards a higher level of lean manufacturing. In some cases, some products may have a given shelf life.

Waste Reduction 53

Waste Reduction Inventory Reduction Cost Reduction Resource Reduction 53

GlobalTranz

JULY 22, 2016

Home Depot is revamping their distribution center strategy to include a host of regional centers, and logistics providers stand to reap significant profits from increased collaboration in the marketplace. New Business Models Reduce Operating Costs. Is there a shipping cost? What is the returns policy?

Logistics Network Optimization Software 60

Logistics Network Optimization Software Modeling Software Optimization Software Supply Chain Software 60

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

SEPTEMBER 28, 2016

It is important to note that the above focus does not take into account short-term efforts to improve cost, quality or delivery issues with supplier(s) to meet companies’ expectations. Here are few examples which I used: Focus Supplier improvement results (DPPM and/or OTD with min. Lead Time Reduction in Supply Chain.

Supply Chain Planning Software 89

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

GlobalTranz

MAY 25, 2018

The Problem: Warehouses Lacking IoT-Based Technologies Lose Opportunities The cost for internet connectivity is decreasing, but some warehouses, operating on legacy systems, are still using paper-based processes. For example, auto-lighting LEDs, RFID, and handheld scanners can help pickers ensure the right item is picked every time.

Inventory Reduction 50

Inventory Reduction Supply Chain Planning Software Inventory Supply Chain Software 50

MTS Logistics

SEPTEMBER 15, 2023

It will educate them on changing customs requirements, regulations, and laws, and reduce the number of errors in filings and resultant penalties. partner government agencies (PGAs) will offer a variety of continuing education credits at no cost to customs brokers. CBP and U.S.

Buyer Training 78

Buyer Training Exercises Maintainability Training 78

GlobalTranz

MARCH 13, 2015

There are, of course, tactical metrics for accounting functions like viewing open and paid invoices or the ability to identify when shipments are due, but also must include strategic metrics and reports for more in-depth analysis. Identify factors that impact your freight shipping costs. Lane Analysis.

Logistics Network Optimization Software 95

Logistics Network Optimization Software Transportation Cost Reduction Price Reduction 95

GlobalTranz

MARCH 7, 2016

As explained by Bruce Tompkins , improving the supply chain includes improving service levels through better inventory management, reducing operating costs, reducing order-cycle time, achieving 100-percent accuracy, improving supply chain security and control, and improving flexibility.

Procurement Analytics 61

Procurement Analytics Supply Chain Planning Software Supply Chain Software Supply Chains 61

AIMMS

FEBRUARY 9, 2017

If you’ve read up on the latest topics in the field of data analysis, then you’ve probably encountered the term Prescriptive Analytics. 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.

Supply Chain Planning Software 78

Supply Chain Planning Software Optimization Software Modeling Software Optimal Sourcing 78

GlobalTranz

APRIL 17, 2017

Automated data capture, analysis, and presentation through dashboards helps you see what is going on in your company. For example, natural disasters may require rerouting of products in one area of the country. On the surface, sustainability is about reducing a company’s carbon footprint and impact on the environment.

Supply Chain Software 49

Supply Chain Software Automation Efficiency Inventory Reduction 49

Blue Grace Logistics

SEPTEMBER 15, 2022

Poorly optimized networks can have many undesirable outcomes, including loss of customers, runaway freight and labor costs, and siloed — rather than integrated — supply chain management. Much of this can be resolved through an analysis of claims trends across the vendor network. The Logistics Blog®. Whitepaper. Case Study.

Supply Chain Planning Software 62

Supply Chain Planning Software Supply Chain Software Supply Chains Meeting 62

GlobalTranz

MAY 9, 2018

Shippers have different options, including a network of regional and local carriers, national carriers, intermodal and hand-offs, add-on services, and much more, that affect the speed of delivery and its cost. Supplies necessary for packaging requirements , including pallets, shrink wrap, and braces for LTL shipments.

Cost Reduction 49

Cost Reduction Purchasing Skills Logistics Network Optimization Software Price Reduction 49

GlobalTranz

JUNE 13, 2016

Shippers are focusing on using dimensional pricing to cut down on wasted space, and consolidation of freight has become the new buzzword. Meanwhile, shippers expect the overall cost of shipments to increase by 1 percent, reports William B. This includes reducing dead time and driver-related processes that are not driving.

Capacity 49

Capacity Cost Reduction Price Reduction Waste Reduction 49

GlobalTranz

JANUARY 18, 2016

However, these technologies are becoming more popular and cost effective to use. However, the cost of RFID sensors has decreased exponentially in recent years, and shipping providers are able to take advantage of these technologies without necessarily increasing the rate of shipping. Increasing Use of Bluetooth Technologies.

Logistics Network Optimization Software 72

Logistics Network Optimization Software Optimization Software Supply Chain Software Trends 72

Logistics Business Magazine

MAY 6, 2021

The business is saving on equipment costs in the moment. A smaller warehouse footprint is achieved at an increased level of productivity (for example, the area can be reduced by as much as 80%, which can be important in the absence of space or the high cost of land). Overall scalability either up or down is easier.

Supply Chain Software 69

Supply Chain Software Supply Chain Planning Software Supply Chain Design Software Optimization Software 69

GlobalTranz

JUNE 24, 2015

Successfully reshoring a manufacturing facility demands extensive analysis, and expert planning and execution. Extensive automation needed to cut production costs requires investment in machinery, and redesigning production lines and/or building configurations. Some manufacturers still resist the costs of conformance to U.S

Manufacturing Procurement 97

Manufacturing Procurement Supply Chain Planning Software Cost Reduction Sourcing Strategies 97

AIMMS

FEBRUARY 9, 2017

If you’ve read up on the latest topics in the field of data analysis, then you’ve probably encountered the term Prescriptive Analytics. 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 62

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

GlobalTranz

FEBRUARY 27, 2015

As a 3PL who offers a transportation management system we’ve integrated to many ERP software, we view the use of technology as an enablement tool for shippers to cut out unneeded waste and thus add more to the bottom line by saving money from such efficiency. Lower inventory carrying costs. It is providing many positive results.

Manufacturing Procurement 110

Manufacturing Procurement ERP Logistics Network Optimization Software Procurement Solutions 110

GlobalTranz

DECEMBER 29, 2015

In fact, we will release next week our first e-book of 2016 (of a monthly series of e-books) which will highlight several areas for shippers to focus on in order to create an effective transportation and logistics management strategy. . As you grow, so should freight costs. What are you seeing in the space?

Article 55

Article Transportation Cost Reduction Supply Chain Software 55

GlobalTranz

JULY 28, 2015

Recently, John Larkin of Stifel’s Transportation & Logistics Equity Research provided an in-depth analysis of the future of the LTL sector to Supply Chain Digest. However, the overall cost of shipping through LTL modes will increase between three and four percent in the next few years. LTL Cost Increase From the Driver Perspective.

Purchasing Skills 97

Purchasing Skills Manufacturing Procurement Negotiating Skills Cost Reduction 97

GlobalTranz

MARCH 20, 2015

Design a good business plan to have all details figured into the cost of your office, equipment, and necessary software into your long-term business goals. There are plenty of mobile apps capable of helping you with freight management in the long run, becoming an invaluable tool to help with your business analysis. Quality assurance.

Tips 98

Tips Freight Logistics Network Optimization Software Optimization Software 98

SYSPRO Smarter ERP

MARCH 20, 2024

For manufacturers, having the right business intelligence on hand at the right time can eliminate the guesswork from decision making, offering real-time visibility into business processes so you can anticipate your next move. Data warehousing costs rise. Eliminate reporting inconsistencies and data redundancy. Human error.

Manufacturing Procurement 105

Manufacturing Procurement Optimal Sourcing Expense Reduction Cost Reduction 105

GlobalTranz

MARCH 30, 2016

For example, value-added service may include perks when shipping a large quantity of products on a recurring basis. In other words, 4PLs enable an organization to work smarter, more efficiently, all the while without the increased cost of purchasing such services from another consultant. Cost-Savings and Future Planning.

Collaboration 54

Collaboration Logistics Network Optimization Software Purchasing Skills Buyer Training 54

GlobalTranz

SEPTEMBER 3, 2015

Efficiency begets costs savings, and let's be honest, we are all looking for ways to do that! A thorough analysis of Design for Manufacture and Assembly (DFMA) is just one tactic you can use to find success within the constructs of the chain. We wanted to see if DFMA could aid in other ways to save on total costs in the supply chain.

Cost Reduction 101

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

Logistics Viewpoints

SEPTEMBER 19, 2023

Supply chain executives must evolve from cost and service as the key objectives for optimal demand-supply balancing towards the “quadfecta” of cost, service, resiliency, and sustainability. The bullwhip effect is one example of this disruptive effect, when small changes in demand cause huge demand spikes downstream.

Supply Chain Design Software 139

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Supply Chain Software 139

Logistics Business Magazine

SEPTEMBER 29, 2021

The intralogistics and energy experts of the Hamburg-based intralogistics provider STILL gave a comprehensive overview of the different energy systems during a recent “Energy” webinar and explained the advantages and disadvantages of each system in a clear and hands-on way. “This technology is exhausted. Fuel cell systems.

Webinar 51

Webinar Optimization Software Presentation Purchasing Skills 51

GlobalTranz

FEBRUARY 2, 2016

Unfortunately, the product would move slowly, if at all, which drives costs for manufacturers and irate reviews of the products in terms of customer satisfaction. Preliminary analysis of smartphone sales in the US indicate more than 120 million smartphones will be purchased, sold, or traded in 2016.

Manufacturing Procurement 58

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software Supply Chains 58

GlobalTranz

JANUARY 28, 2015

The latest industry-pricing trend, dimensional weight pricing, or often referred as “DIM Pricing,” calls for LTL freight cost calculations using pounds per cubic foot of space occupied on the truck. This means more efficient use of space for the carrier and increased cost for shippers based on more accurate classifications.

Negotiating Skills 97

Negotiating Skills Price Reduction Cost Reduction Waste Reduction 97

Logistics Viewpoints

DECEMBER 14, 2023

Doing so helps organizations detect market shifts and makes supply chain decisions more forward-looking than an analysis of the past, present, and at best, a tactical view of the future. This makes decisions not only about cost, service, and inventory trade-offs but also about risk and sustainability.

Supply Chain Design Software 139

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Optimal Sourcing 139

GlobalTranz

MAY 2, 2016

The driver shortage shows no signs of stopping, the cost of connected devices is decreasing and resulting in more immediate work for installation and integration, customers are expecting more, and the average revenue for each shipment is decreasing to keep up with free-shipping offers. Costs and Delays Will Be Driven Down.

Logistics Network Optimization Software 59

Logistics Network Optimization Software Resource Reduction Cost Reduction Expense Reduction 59

GlobalTranz

AUGUST 5, 2015

However, return merchandise authorization may include several different aspects of service-after-sale, such as warranty management, service agreements, analysis of returns, and management of end-of-life equipment, vendor management, and replacement. Let’s take a look into how RMAs function and some common examples of RMA policy.

Resource Reduction 90

Resource Reduction Vendor Strategies Reverse logistics Cost Reduction 90