article thumbnail

The 5 Steps Towards Digital Supply Chain Management

GlobalTranz

In essence, digital supply chains aim to minimize waste and bring greater profits, whilst being truly efficient system. Proper research and analysis. It is therefore of vital importance that you invest time in supplier analysis. A good supply chain is resilient and delivers the desired and expected returns.

article thumbnail

New Supply Chain Technology: The Real Cost of Inaction

GlobalTranz

While the desire to leave well-enough alone is understandable, this approach can lead to poor decision making and can result in the waste of resources. You also leave yourself open to the potential nasty surprise of learning how much money you were actually wasting while you thought you were saving by avoiding outlays on IT.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Targeting Workplace Efficiency & the 3 Steps to Reduce Waste

GlobalTranz

Patrick gives us some insight into workplace efficiency and how to reduce waste. . Lean manufacturing consolidates equipment, people and workspace resources to reduce waste, create an effective flow of actions and create unbeatable manufacturing solutions. Targeting Workplace Efficiency and Reducing Waste . Determining Waste

article thumbnail

Lean Manufacturing Systems: How Mobility Empowers the New “Lean”

GlobalTranz

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.

article thumbnail

The 5 Key Reasons Why Data Quality Is So Important

GlobalTranz

This will also ensure less time being wasted fixing mistakes resulting from incomplete data. Paper-based methods are more difficult to fix when it comes to issues of invalid data because changing forms can be expensive, wasteful and the more widespread the company is, the harder it is to change. This is a shocking statistic.

Data 77
article thumbnail

10 Steps to Surviving & Thriving in a Capacity Crunch

GlobalTranz

Stop wasting time waiting on your preferred carrier, and take advantage of the freight availability of all carriers. 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. Expand Your Carrier Options.

article thumbnail

15 Improvements by the Deployment of The Internet of Things in the Supply Chain

GlobalTranz

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. equipment uptime.