Logistics Business Magazine

AUGUST 12, 2021

In a thoughtful webinar today digital freight forwarder Zencargo co-Founder, Richard Fattal, and Bis Henderson ‘s Louisa Hosegood debated the unprecedented pressures in the global supply chain this year and how they jeopardise retailer’s profitability. Hope is not a strategy. Data then analysis then decisions.

Supply Chains 69

Supply Chains Purchasing Skills Sourcing Strategies Price Reduction 69

SYSPRO Smarter ERP

MAY 24, 2023

Building a business case can help develop strategies to achieve buy-in from the top down. A customer I helped recently was able to set a goal to reduce inventory carrying costs by 10% and increase production efficiency by 15%, and measure the progress against these specific goals.

ERP 52

ERP Vendor Strategies Resource Reduction Cost Reduction 52

Logistics Bureau

APRIL 3, 2023

Across our many blog posts, videos, webinars, eBooks, and other shared content, you’ll find a wealth of information about various aspects of outsourcing in the supply chain. However, I can’t recall writing a general guide about exploiting outsourcing opportunities to improve your supply chain.

Outsourcing 87

Outsourcing Optimal Sourcing Supply Chain Software Cost Reduction 87

GlobalTranz

APRIL 6, 2015

Monitoring and analysis of this data may provide opportunities to intervene before issues becomes major problems. In the past, many buyers relied on safety stock inventory to mitigate any risks or disruptions to suppliers. One of these trends, in addition to inventory keeping, is dual/multi-sourcing. 3) Risk Management.

Optimal Sourcing 118

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Manufacturing Procurement 118

GlobalTranz

AUGUST 31, 2015

A Cloud-based supply chain management solution has several advantages over the traditional model of manual inventory analysis combined with local area purchasing. Cloud solutions leverage the power of managed automation and data analysis to form an intelligent system of resupply processes.

Supply Chain Design Software 103

Supply Chain Design Software Supply Chain Software Supply Chain Design Supply Chains 103

GlobalTranz

OCTOBER 5, 2015

Currently, business processes that use static data structures and analysis will need to adapt in order to maintain the competitive edge and pursue new value creation. For instance, when a supplier cannot deliver on time, that event could trigger an automatic search for an alternate supplier within the interconnected intelligent system.

Optimal Sourcing 111

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

GlobalTranz

JULY 14, 2015

Take a look at how the IoT supply chain is changing the landscape in terms of equipment functionality, shipping processes, invoicing and payments, and analysis of trends. Cantaloupe System uses the IoT to help monitor the temperatures of their vending machines, detect thieves, and monitor inventory. IoT and Machine Functionality.

Supply Chain Software 103

Supply Chain Software Supply Chains Manufacturing Procurement Scenario Planning 103

GlobalTranz

OCTOBER 14, 2015

Technology can help to simplify your supply chain management, which will enable your business to operate more efficiently, give you more visibility and control over your inventory, and help to reduce your operational costs. RFID chips are placed on every product and provide a way for business owners to easily track their inventory.

Supply Chain Planning Software 104

Supply Chain Planning Software Supply Chain Software Supply Chain Technology Sourcing Strategies 104

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

GlobalTranz

NOVEMBER 19, 2015

Strategic Logistics: 8 Steps to Controlling Inventory Flow & Driving Warehouse Efficiency. 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.

Data 77

Data Sourcing Strategies Optimal Sourcing Transportation 77

GlobalTranz

JANUARY 20, 2015

Bottom line, it’s great to say you want to have a commerce-enabled site, but before jumping to the technology stage, what is your strategy? The Cerasis “e-commerce” blog category has great articles on developing your strategy. Conduct a customer analysis. Acquisitions / Consolidation.

Manufacturing Procurement 105

Manufacturing Procurement Price Reduction Inventory Reduction Resource Reduction 105

GlobalTranz

DECEMBER 21, 2016

Leading-edge manufacturers are partnering with providers of warehouse management systems to create customized software and smart robots that help manage the movement, storage and sorting of warehouse inventory. Real-time data analysis and communications. Investing in warehouse robotics technology will highly benefit you. Higher ROI.

Supply Chain Design Software 105

Supply Chain Design Software Supply Chain Planning Software Optimization Software Supply Chain Software 105

GlobalTranz

FEBRUARY 24, 2016

As a result, many manufacturers have deployed extensive process review and analysis programs to move towards a higher level of lean manufacturing. The key barrier to each process is the need for data review and analysis of key performance indicators in a digital, portable, and connected setting.

Waste Reduction 53

Waste Reduction Inventory Reduction Cost Reduction Resource Reduction 53

GlobalTranz

AUGUST 25, 2017

Operations Research Analysis Manager. They go over plans and analyze how they will affect inventories and distribution systems. They are in charge of making sure that any inventory shipping in and out of the department is handled with care and delivered in a timely fashion without unforeseen budgetary expenditures.

Inventory Reduction 30

Inventory Reduction Material Savings Optimal Sourcing Sourcing Strategies 30

GlobalTranz

APRIL 17, 2017

Automated data capture, analysis, and presentation through dashboards helps you see what is going on in your company. It Maintains Inventory Control and Flow. How much inventory do you have right now? As we begin the second quarter of 2017, let us take a moment to think about why TMS automation begets more efficiency.

Supply Chain Software 49

Supply Chain Software Automation Efficiency Inventory Reduction 49

GlobalTranz

APRIL 21, 2016

Connection to the IoT - Bluetooth technologies may also be combined with Internet-enabled devices to allow for the rapid dissemination, analysis and use of data. According to Logistics Online , logistics providers can take an instant inventory from a mobile device of all items within 200 feet of a selected area.

Logistics Network Optimization Software 59

Logistics Network Optimization Software Cost Reduction Supply Chain Software Inventory Reduction 59

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. Logistics technologies are changing how modern retailers operate. More Focus on Value-Added Services to Increase Revenue.

Logistics Network Optimization Software 60

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

GlobalTranz

FEBRUARY 2, 2016

However, modern manufacturing is not about creating surplus inventories, but creating the right amount of product, at the right time, for the right consumer- the Holy Trinity of Manufacturing. 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

MAY 12, 2015

Traditional segmentation strategies no longer work in a world characterized by complexity and constant change. Companies are using virtual “war rooms” and linking suppliers and teams for real time analysis of market and customer behavior change. The Customer Owns the Empire. Run War Rooms for Daily Battle.

Manufacturing Procurement 97

Manufacturing Procurement Modeling Software Supply Chain Planning Software Digital 97

GlobalTranz

DECEMBER 1, 2015

A strong acceptable use policy for employees can also contribute to a successful enterprise mobility strategy. The top three technology priorities of industrial manufacturing CEOs are mobility (73%), cybersecurity (72%) and data mining and analysis (70%). The Rise of Enterprise Mobility in Manufacturing for Process Enablement.

Supply Chain Design Software 54

Supply Chain Design Software Supply Chain Software Modeling Software Inventory Reduction 54

GlobalTranz

NOVEMBER 12, 2015

Will an inaccurate picking result in one error for the original problem or two errors for sending an incorrect product and retaining the original, correct product in your inventory? Monitoring shipping processes for inefficiencies rests at the core of data collection and analysis. Metrics and KPIs.

Data 91

Data Vendor Strategies Logistics Network Optimization Software Expense Reduction 91

GlobalTranz

FEBRUARY 27, 2015

Lower inventory carrying costs. These include helping lower inventory carrying costs and making more information readily available through new reports and browsers; allowing more people to make accurate decisions to improve business operations. . - Louis DeMent, Co-Owner at Giovanni Food Company, Inc. ,

Manufacturing Procurement 110

Manufacturing Procurement ERP Logistics Network Optimization Software Procurement Solutions 110

Conger

MARCH 28, 2024

Benefits of Fleet Management Operational Efficiency Businesses can implement numerous strategies to streamline workflows to enhance operational efficiency in fleet management. One of the strategies to consider is adopting robust fleet management software, which enables businesses to automate and streamline fleet-related processes.

Optimization Software 73

Optimization Software Optimal Sourcing Expense Reduction Cost Reduction 73

GlobalTranz

DECEMBER 7, 2015

Instead of setting up brick-and-mortar stores, or keeping inventory on hand, you can start offering this new product on your new store. Manufacturers will be able to improve their inventory due to the information presented by both supply chain and operations data. Increasing Equipment Uptime. Let us know in the comments below!

Manufacturing Procurement 81

Manufacturing Procurement Trends Supply Chain Design Software Supply Chain Planning Software 81

Logistics Viewpoints

SEPTEMBER 19, 2023

Management practices such as lean manufacturing and just-in-time inventory management, along with globalization, have made tremendous impact on cost and service, but have accentuated risk. Metrics such as lead-times, forecast accuracy, inventory levels, and service are used to measure operational risks.

Supply Chain Design Software 138

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Supply Chain Software 138

GlobalTranz

OCTOBER 24, 2016

The lean concept, itself, is a strategy created to simplify, organize and optimize a working environment. Buyers won’t pay for products with defects, and they’ll likely turn down products weighed by the costs of expansive inventories. Inventory Waste . First, determine which parts of your inventory’s supply are too high.

Waste Reduction 99

Waste Reduction Inventory Reduction Resource Reduction Cost Reduction 99

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. Inventory location and management. Increasing order efficiency.

Supply Chain Design Software 115

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

GlobalTranz

JANUARY 28, 2015

At Cerasis we’re preparing our clients now for ways to deal with the impacts of this new pricing strategy in 2015 as our newest transportation management system, which we call the Cerasis Rater, release will now support DIM pricing in LTL. As new items are added to inventory, an operator places one sample of the piece into the system.

Negotiating Skills 97

Negotiating Skills Price Reduction Cost Reduction Waste Reduction 97

GlobalTranz

OCTOBER 19, 2015

10 Tips to Remain Competitive and Have an Effective Transportation Management Strategy. Controlling Inventory Flow & Driving Warehouse Efficiency. Working with carriers and all the freight you manage to create continuous movement strategies is a win-win approach. Gaining "Shipper of Choice" Status.

Resource Reduction 97

Resource Reduction Cost Reduction Optimal Sourcing Waste Reduction 97

GlobalTranz

SEPTEMBER 23, 2015

This includes risk analysis, detailed reports of how a supply chain functions, and even lead generation. Increase of 50% in optimization of inventory and asset productivity. Unfortunately, some may not understand what supply chain big data truly is, how it is useful, and why they need to take advantage of it as soon as possible.

Supply Chain Design Software 108

Supply Chain Design Software Supply Chain Software Supply Chain Design Procurement Analytics 108

GlobalTranz

SEPTEMBER 15, 2015

The TMS enables the shipping controls to what inventory is going out, when it’s going out, where it’s going, when it will get to its destination, and how it’s billed to the respective business. Best in Class Shipper" Status for LTL Shipments: Focusing on Technology, KPIs, Operational Excellence. Let us know in the comments section below!

Supply Chain Planning Software 93

Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software Expense Reduction 93

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. Delays are the harbinger of increasing costs, which spell doom for the logistics industry. However, the IoT platform is currently responsible for reaching an unprecedented 99.5-percent

Logistics Network Optimization Software 59

Logistics Network Optimization Software Resource Reduction Cost Reduction Expense Reduction 59

GlobalTranz

NOVEMBER 9, 2015

We are digging deeper into 10 areas of strategy that shippers can employ in order to maintain a competitive advantage. We've already dug deeper into distressed shipments as well as controlling inventory flow for a more efficient warehouse. Warehouse managers should thoroughly screen and assess the quality of data.

Supply Chain Software 95

Supply Chain Software Logistics Network Optimization Software Modeling Software Optimization Software 95

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”. Data Storage and Analysis. Data Storage and Analysis.

Supply Chain Design Software 57

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

GlobalTranz

JULY 7, 2017

In addition to direct analysis of the quality and effectiveness, such systems also contribute to increasing the efficiency of operations, support management efforts aimed at compliance with service standards, fulfilment of profit, work logistics plans and asset management. Information technology makes any process smarter.

Optimal Sourcing 25

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

GlobalTranz

MAY 12, 2017

The logistics firm should aim at developing the warehouse inventory so that there is minimum wastage of goods. Logistics network optimization is incomplete without integrating measurement, analysis, and feedbacks. When you deploy new strategies in the system, you need to measure the output. Measure and Improvise.

Optimal Sourcing 79

Optimal Sourcing Supply Chain Planning Software Logistics Network Optimization Software Tips 79

GlobalTranz

JANUARY 5, 2016

SCM Organizations Will Begin to Adopt Application Convergence Strategy: One way companies can do this is to layer on top of their existing robust supply chain systems with a light weight cloud-based solution. A Continued, Renewed (Or New) Focus on Data Analysis for Continual Improvement & Better Supply Chain Visibility.

Supply Chain Planning Software 64

Supply Chain Planning Software Supply Chain Software Supply Chains Trends 64