GlobalTranz

MARCH 13, 2015

There are plenty of different shipping companies out there, and using a transportation management system to manage all inbound and outbound shipping needs will put those shippers who use one at an extreme competitive advantage. Lane Analysis. By Carrier On Time Performance. broken down by the current and past (12) Months.

Logistics Network Optimization Software 95

Logistics Network Optimization Software Transportation Cost Reduction Price Reduction 95

GlobalTranz

OCTOBER 20, 2016

For example, companies can implement new programs and create new resources that meet the demands of millennials. For example, manufacturers have donated "state-of-the-art equipment to give students [a] hands-on learning experience." This translates directly into renewed interest in manufacturing among students.

Buyer Training 95

Buyer Training Resource Reduction Cost Reduction Material Savings 95

Logistics Problem Solving

JUNE 2, 2017

This includes both outbound and inbound freight. Many times, the shipper goes to their IT department to get the data they need to run an analysis to find out how compliant they are or to look for strategies to lower their spend. For example, a routing guide compliance problem could present itself as a carrier billing issue.

Logistics Network Optimization Software 75

Logistics Network Optimization Software Resource Reduction Cost Reduction Logistics 75

GlobalTranz

JANUARY 17, 2017

Of course, reports Predictive Analytics Times , analytics also possess potential to change how companies obtain the raw materials for their products. For example, the aeronautics’ giant, Lockheed Martin, has embraced augmented reality during the manufacturing and repair processes, explains Industry Week. billion by 2021.

Manufacturing Procurement 82

Manufacturing Procurement Procurement Analytics Expense Reduction Material Savings 82

GlobalTranz

APRIL 17, 2017

Automated data capture, analysis, and presentation through dashboards helps you see what is going on in your company. This independence naturally lends itself to more efficiency in performance management and ensuring everyone, including inbound and outbound logistics partners, stay on the same page. A TMS Works Independently.

Supply Chain Software 49

Supply Chain Software Automation Efficiency Inventory Reduction 49

GlobalTranz

MAY 18, 2015

Fronetics is an inbound digital marketing agency specializing in the supply chain and logistics verticals. Stonyfield Farm , for example, produces a variety of yogurts from their New Hampshire-based facility. Editor’s Note: This is a guest post, republished with permission, from the Fronetics Supply Chain & Logistics blog.

3PL 93

3PL Logistics Network Optimization Software Outsourcing Cost Reduction 93

The Logistics Academy

FEBRUARY 13, 2017

For example, as online sales reach a record high, B2C service provider Jet.com uses some creative logistics concepts to bring value to customers. Darren Prokop, University of Alaska Anchorage (UAA): As in the academic world in general, there is a trend to online course delivery. But hard skills must be coupled with soft skills.

Supply Chain Design Software 40

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 40

GlobalTranz

SEPTEMBER 19, 2016

As far as companies in America go, Johnson & Johnson is setting a primary example of eco-friendly production. The company has set various environmental goals and can stay on track with these goals through a rigorous system of self-monitoring and analysis. Like IKEA, this company has taken the idea of renewable energy to heart.

Manufacturing Procurement 87

Manufacturing Procurement Material Savings Resource Reduction Industry 87

Freightos

JULY 26, 2018

These examples are from retail, but I sense that the same customer empowerment phenomenon is happening broadly across everything we do at Amazon and most other industries as well. Team Analysis. You cannot rest on your laurels in this world.

Logistics Network Optimization Software 53

Logistics Network Optimization Software Data Supply Chain Planning Software Manufacturing Procurement 53

Logistics Bureau

OCTOBER 10, 2022

For example, you can optimise for cost, profit, or service, but not for all of them. The second is when you implement segmentation of the SKUs in your portfolio based on Pareto analysis. For example, inaccurate forecasts typically lead to: Overstocking — a problem that ties up working capital and can lead to inventory obsolescence.

Inventory Reduction 114

Inventory Reduction Inventory Optimization Modeling Optimization Software 114

Logistics Bureau

NOVEMBER 14, 2018

Too much leads to resources being monopolised on gathering tons of data and a subsequent risk of “paralysis by analysis” Cost to Serve (CTS) is an approach that helps you avoid both extremes. It can of course also be used to make an already profitable relationship even more profitable! Customer-specific services.

Purchasing Skills 88

Purchasing Skills Cost Reduction Supply Chain Planning Software Supply Chain Design Software 88

FreightWaves SONAR

APRIL 29, 2021

Of course, during that same period, many retailers performed extremely well. When putting an example shipper network into FreightWaves’ Supply Chain Intelligence (SCI) platform, the platform benchmarks rates against the overall market rate as well as the peer group, in this case retail.

Negotiating Skills 52

Negotiating Skills Cost Reduction Data Sourcing Strategies 52

Logistics Bureau

MAY 8, 2023

You know, the person who receives the retail store’s inbound deliveries, the office administrator, or the guys and girls in the reception. By neglecting or underestimating the need for meaningful analysis, they typically fail to attain anything like the value they might receive with effective carrier management.

Negotiating Skills 62

Negotiating Skills Cost Reduction Resource Reduction Price Reduction 62

Logistics Bureau

OCTOBER 11, 2021

The first steps, of course, are to understand the challenges you face, prioritise them for action, and consider the resources and help you need to meet and overcome them. There are, of course, several ways to achieve a logistics knowledge infusion. Where to Access the Knowledge You Need. How to Improve Product Availability.

eCommerce 62

eCommerce Supply Chain Planning Software Negotiating Skills Material Savings 62

Automotive Logistics

APRIL 23, 2018

That gives Aptiv’s logistics department a view of when the part has been picked up and on which ocean vessel it is being moved, for example. . According to Richards, this has changed with developments in technology and the accurate analysis of complex data sets, or ‘big data’.

Supply Chain Design Software 43

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software 43

GlobalTranz

NOVEMBER 11, 2016

For example, does location A offer more benefits than location B. In this example, location A is located outside of shopping center with few restaurants. In other words, they have actually used data analysis to realize what does and does not improve profit margins. This is exactly the point behind big data. .

Supply Chain Software 92

Supply Chain Software Supply Chains Data Sourcing Strategies 92

FreightWaves SONAR

APRIL 27, 2021

For example, Shipper X (an aggregation of two household-name CPG companies) uses intermodal for ~90% of its dry loads in a number of dense long-haul lanes. Those factors, of course, serve as limitations to converting truckloads into intermodal units. . The data used in this analysis comes to FreightWaves from a transaction processor.

Picking 52

Picking Purchasing Skills Sourcing Strategies Outbound 52

GlobalTranz

NOVEMBER 17, 2016

Consider the following elements explains John Richardson of Inbound Logistics, that impact business strategy. Each of these elements more traditionally handles by outsourcing analysis of processes to supply chain consultant. Increasing order efficiency. Demand forecasts. The quantity of each product. Inventory location and management.

Supply Chain Design Software 115

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

GlobalTranz

APRIL 9, 2015

An example would be hearing out reasons behind the needs each side wants to address. Now of course, this continues to strengthen the need for a hard look at how we handle the Highway Trust Fund and how we deal with aging infrastructure. Expected Transportation Capacity Issues. Wide shoulders. We anticipated the snickering, indeed.

Capacity 102

Capacity Transportation Cost Reduction Industry 102

Logistics Bureau

APRIL 3, 2018

For example, One Thai enterprise, a supplier of cement and building materials, had a network design similar to that mentioned in the previous section of this article. The company conducted a network analysis and as a result, was able to close three of its 22 warehouses.

Distribution 48

Distribution Networks Optimal Sourcing Material Savings 48

GlobalTranz

JULY 6, 2015

For example, retirement benefits, paid-time-off, overtime pay, adherence to daily work schedules, and other aspects of typical workers is completely eliminated when robotics are employed in supply chain processes. Robotics also impact the efficiency and analysis of supply chain processes. This impacts how items may be manufactured.

Manufacturing Procurement 110

Manufacturing Procurement Logistics Network Optimization Software Expense Reduction Sourcing Strategies 110

GlobalTranz

APRIL 14, 2016

The IoT,” it explains, “comprises an ecosystem that includes things, communication, applications and data analysis.” McKinsey Global Institute simplifies this a little to say the IoT comprises “sensors and actuators connected by networks to computing systems”. Take, for example, the connected “Smart” office. Interoperability.

Supply Chain Design Software 57

Supply Chain Design Software Supply Chain Software Optimization Software Supply Chain Design 57

GlobalTranz

JULY 7, 2017

That is, business games and examples, similar to the real problematic situations, solutions of which are involved in logistics. If the familiarization course has passed, the internal essence of logistics planning optimization is clear, its functions are involved and. Information technology makes any process smarter.

Optimal Sourcing 25

Optimal Sourcing Supply Chain Planning Software Optimization Software Logistics Network Optimization Software 25

Automotive Logistics

JUNE 28, 2018

Of course, there are still price fluctuations, but they are decreasing daily. In terms of automotive logistics specifically, Cargonexx is already being used for some inbound logistics operations, though Lafrenz declines to name specific customers. AI and predictive analysis also have great capabilities for forecasting,” she adds.

Supply Chain Planning Software 42

Supply Chain Planning Software Modeling Software Optimization Software Logistics Network Optimization Software 42

GlobalTranz

FEBRUARY 18, 2016

For example, the use of a computerized system to automatically generate orders and robotics to pick these orders would refer to leaving concepts in the supply chain. For example, a supply chain entity in fashion or textile printing may not print the actual materials until those materials have already been ordered by a consumer.

Supply Chains 72

Supply Chains Inventory Reduction Material Savings Cost Reduction 72