GlobalTranz

MAY 21, 2018

Shippers large and small need to look more closely at parcel transportation costs as a step in preserving margins. Increasingly, they are turning to enterprise parcel shipping software with parcel shipping analytics. 5 Parcel Shipping Trends to Optimize Shipping & Reduce Costs. Register For The Webinar.

Cost Reduction 48

Cost Reduction Procurement Analytics Negotiating Skills Purchasing Skills 48

SYSPRO Smarter ERP

APRIL 6, 2023

The software can automatically capture invoice data and match it against existing purchase orders and receiving reports , ensuring that all information is accurate. Your employees may spend hours manually entering data into your accounting system and matching invoices to purchase orders.

Manufacturing Procurement 98

Manufacturing Procurement Automation Vendor Strategies Procurement Solutions 98

GlobalTranz

NOVEMBER 29, 2016

Editor's Note: Today's blog is the second part of Chuck Intrieri's series on how procurement and suppliers can avoid issues with their contracts. Procurement and suppliers often assume that small print is highly complicated legal jargon that is both boring and largely irrelevant. How to Begin Your Terms.

Procurement Analytics 84

Procurement Analytics Manufacturing Procurement Procurement Document 84

Blue Grace Logistics

JULY 21, 2020

It’s about understanding why key stakeholders which should include, vendors, purchasing, customer service, sales, are making the decisions that they do and how those decisions affect your supply chain. The data and analytics gathered during the measure phase is instrumental to a proper understanding of your operations.

Optimal Sourcing 62

Optimal Sourcing Supply Chain Planning Software Cost Reduction Supply Chain Software 62

GlobalTranz

APRIL 8, 2015

In order for data to be used in the decision making process, companies must ensure that they are using high quality data in their analysis. Although the availability of supply chain data is increasing by a factor of 10x each year, a large quantity of data alone provides limited value for business analytics.

Data 98

Data Procurement Analytics Price Reduction Supply Chain Software 98

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. The connection of systems nets scalability and actionable insights from the analysis of Big Data through the IoT.

Inventory Reduction 50

Inventory Reduction Supply Chain Planning Software Inventory Supply Chain Software 50

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

NOVEMBER 17, 2016

The most common complaint of newer companies using big data analytics capabilities tends to revolve around traditional questions of business strategy. Transportation modes used in procurement and shipping. Distribution of goods prior to purchase. Ask Traditional Questions, and Let Big Data Provide Answers. Demand fluctuations.

Supply Chain Design Software 115

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

GlobalTranz

JANUARY 22, 2018

billion in 2018 alone, reports Michael Kotelec of Manufacturing.net , and this will bring a strong, robust boost to efficiency and productivity in manufacturing. Adoption of Analytics Will Increase. The advancement toward analytics will also increase as platform-based companies and services go mainstream.

Manufacturing Procurement 79

Manufacturing Procurement Supply Chain Software Trends Procurement Analytics 79

GlobalTranz

FEBRUARY 7, 2018

While most brands have already integrated live system tracking, secure data exchange processes, and visibility and traceability throughout systems, the use of cloud-based technologies will begin to have a major impact on procurement processes as well, says Marc Wins of Procurement Academy.

Supply Chain Design Software 68

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Technology 68

GlobalTranz

DECEMBER 7, 2015

A recent report by Frost & Sullivan, “The Future of Parts and Service Retailing in the Automotive Aftermarket” , predicts that by 2025, 10 to 15 percent of all global parts sales will be made online. Advanced Analytics Continue to Get a Bigger Plate at the Manufacturing Dinner Table. Increasing Equipment Uptime.

Manufacturing Procurement 81

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

GlobalTranz

SEPTEMBER 8, 2015

This data may include invoice numbers, pick up and delivery dates, originating addresses, product descriptions, shipment weight, method of transport, destination address, rate of transport per haul, fuel charges, and the costs of loading and unloading the items at the distribution center. Knowledge of the Carrier's Business.

Cost Reduction 93

Cost Reduction Expense Reduction Supply Chain Planning Software Optimization Software 93

GlobalTranz

JULY 31, 2015

This report, available for purchase here , poised some significant implications for the shipping, and by direct correlation, the logistics industry. Furthermore, data analytics can provide specific ways to enhance the overall productivity and efficiency of the shipping industry. Do not let this report result in your demise.

Freight 124

Freight Procurement Analytics Purchasing Skills Cost Reduction 124

GlobalTranz

JULY 22, 2016

and the compounded annual growth rate is expected to stay at or above 10 percent over the next half-decade, reports William B. For example, Nutrisystem uses a 150 unique SKU system to reduce overhead and ensure orders are sent out as soon as possible, reports Inbound Logistics. Is there a shipping cost? Cassidy of JOC.com.

Logistics Network Optimization Software 60

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

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. Furthermore, the use of robotics in the order fulfillment, specifically the “item picking” processes , could help foster a faster purchase-to-delivery timeline.

Supply Chain Software 103

Supply Chain Software Supply Chains Manufacturing Procurement Scenario Planning 103

GlobalTranz

AUGUST 25, 2017

Operations Research Analysis Manager. Reports to upper management. They manage the purchasing of inventory and supplies, as well as other materials. Purchasing and Materials Manager. These executives oversee procurement of supplies and provide inventory control. Usually, reports to management.

Inventory Reduction 30

Inventory Reduction Material Savings Optimal Sourcing Sourcing Strategies 30

GlobalTranz

APRIL 30, 2018

The Pros & Cons of LTL Freight Shipping LTL Liability Limits Are Higher, Resulting in Higher Costs to Purchase Freight Insurance. Although LTL shipping may cost less than shipping by hundredweight, the charges may be excluded from parcel-based incentives. Consider the Impact of Fuel Surcharges.

Negotiating Skills 61

Negotiating Skills Purchasing Skills Cost Reduction Freight 61

GlobalTranz

OCTOBER 14, 2015

Through the use of social media, you can create more open communication with customers, increase the visibility of your company, improve the demand on your products, utilize cost-effective and time-efficient marketing strategies, lower your operational costs, and enhance your company’s overall productivity.

Supply Chain Planning Software 104

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

GlobalTranz

JUNE 12, 2018

Goodwill notes shipment data granularity and analysis are linked with better freight allocation , which means making use of the full spectrum of available shipping options, including full truckloads. Specifically, up to 56 percent of consumers will abandon online order purchases if presented with a shipping charge.

Supply Chain Planning Software 60

Supply Chain Planning Software Freight Cost Reduction Price Reduction 60

GlobalTranz

DECEMBER 19, 2017

Furthermore, more carrier options is essential to landing better contracts with existing carriers when it comes time to renew or renegotiate your contracts, reports Averitt Express. Since optimizing requires a detailed analysis of the factors impacting a given lane or route, it may be necessary to use a route-optimization software.

Capacity 74

Capacity Optimization Software Supply Chain Software Logistics Network Optimization Software 74

GlobalTranz

MARCH 30, 2016

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. According to MH& L News , 29 percent of shippers report using 4 PLs for the purpose of accessing more capacity. Cost-Savings and Future Planning.

Collaboration 54

Collaboration Logistics Network Optimization Software Purchasing Skills Buyer Training 54

GlobalTranz

AUGUST 21, 2017

That strategy is not likely to work very well in industrial marketing where most of the purchases are expensive and complex products with long sales cycles, multiple decision-makers and stakeholders are involved, and they involve a much higher risk if a wrong decision is made. Wrapping Up the Seven Email Tips For Manufacturers.

Manufacturing Procurement 61

Manufacturing Procurement Tips Optimization Software Expense Reduction 61

GlobalTranz

MAY 12, 2015

Armed with industry knowledge, technology savvy, and purchasing power, customers control the sales cycle. They’re also industry disruptors, toppling traditional business models in the blink of an eye. Now new markets are flexing their purchasing muscle. billion individuals join the consuming class.

Manufacturing Procurement 97

Manufacturing Procurement Modeling Software Supply Chain Planning Software Digital 97

GlobalTranz

MAY 9, 2018

Define Shipment Influencing Factors and Needs To make an informed, cost-effective decision, shippers must evaluate the unique needs of the parcel and the options available for each carrier. This may include the use of a TMS-as-a-service, utilizing cloud-based technology and real-time pricing to ensure accuracy and cost guarantees.

Cost Reduction 49

Cost Reduction Purchasing Skills Logistics Network Optimization Software Price Reduction 49

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. Every interaction should be positive and encourage future purchases. A good customer service experience might be put on social media.

Cost Reduction 66

Cost Reduction Expense Reduction Material Savings Logistics Network Optimization Software 66

GlobalTranz

JANUARY 20, 2015

Do some research, develop a business plan with some projections & an ROI analysis (multi-year), research solutions, resource appropriately and give it some time … Then market it differently than the rest of your business. Conduct a customer analysis. Of their purchasing department? Of their salespeople?

Manufacturing Procurement 105

Manufacturing Procurement Price Reduction Inventory Reduction Resource Reduction 105

GlobalTranz

JANUARY 17, 2018

Workplace safety is yet another area of concern for employees and manufacturers, reports Manufacturing Talk Radio. Manufacturers are looking at labor productivity through new eyes, focusing on how to improve the safety of facilities and reduce the risk and cost of injured employees. Workplace Safety Will Get a Reboot.

Manufacturing Procurement 58

Manufacturing Procurement Cost Reduction Resource Reduction Trends 58

GlobalTranz

FEBRUARY 27, 2015

After all, actual users are best-positioned to provide an unbiased report on how ERP features can be harnessed for real-world competitive advantages. Running our pricing accurately was a huge problem… it is fairly easy now, and further use of reporting features will help with this. That’s tougher. It is providing many positive results.

Manufacturing Procurement 110

Manufacturing Procurement ERP Logistics Network Optimization Software Procurement Solutions 110

GlobalTranz

SEPTEMBER 19, 2016

The company has set various environmental goals and can stay on track with these goals through a rigorous system of self-monitoring and analysis. Using recycled materials for products and packaging not only reduces your environmental footprint but also saves you money in terms of shipping and resource purchasing.

Manufacturing Procurement 87

Manufacturing Procurement Material Savings Resource Reduction Industry 87

GlobalTranz

JANUARY 5, 2016

When a business, or other organization, purchases equipment, parts, or remanufactured equipment it is an investment. A Continued, Renewed (Or New) Focus on Data Analysis for Continual Improvement & Better Supply Chain Visibility. Increased velocity. Increased service market share. Higher achievement of sustainability goals.

Supply Chain Planning Software 64

Supply Chain Planning Software Supply Chain Software Supply Chains Trends 64

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