GlobalTranz

JUNE 13, 2016

However, inconsistencies in service levels, including the use of inaccurate data, an economy that hinges on the state of foreign markets (think China), and changes to regulations and labor requirements are continuing to impact the capacity of the shipping industry. Capacity Is Tight, Not Impossible. Capacity of today’s fleets is tight.

Capacity 49

Capacity Cost Reduction Price Reduction Waste Reduction 49

Parade

DECEMBER 14, 2021

The capacity crunch is making it harder than ever to get loads covered without paying exorbitant spot market rates. It Provides the Data You Need to Improve Strategy Ideally, your booking system should provide you with the metrics you need to understand how well your processes (and their system) are working.

Digital 78

Digital Cost Reduction Automation Demo 78

Parade

DECEMBER 14, 2021

The capacity crunch is making it harder than ever to get loads covered without paying exorbitant spot market rates. It Provides the Data You Need to Improve Strategy Ideally, your booking system should provide you with the metrics you need to understand how well your processes (and their system) are working.

Digital 78

Digital Cost Reduction Automation Demo 78

Blue Grace Logistics

APRIL 11, 2021

Most transportation and logistics companies had a digitalization strategy before the COVID-19 pandemic, but the implementation was moving at a snail’s pace. Grocers, for example, had to quickly implement new digital processes for customers to order and pickup orders. Aaron Huff | CCJ Senior Editor • April 11, 2021. .

Supply Chain Planning Software 62

Supply Chain Planning Software Supply Chain Software Digital Logistics Network Optimization Software 62

Parade

FEBRUARY 8, 2021

These marketplaces enable freight brokerages to find new carriers, share freight opportunities, and discover capacity options. However, if a last-minute load is tendered and your core relationship carriers are busy, or your team aims to grow your operations beyond its current capacity, new carriers are needed.

Negotiating Skills 78

Negotiating Skills Price Reduction Expense Reduction Cost Reduction 78

Parade

FEBRUARY 8, 2021

These marketplaces enable freight brokerages to find new carriers, share freight opportunities, and discover capacity options. However, if a last-minute load is tendered and your core relationship carriers are busy, or your team aims to grow your operations beyond its current capacity, new carriers are needed.

Negotiating Skills 78

Negotiating Skills Price Reduction Expense Reduction Cost Reduction 78

Parade

FEBRUARY 8, 2021

These marketplaces enable freight brokerages to find new carriers, share freight opportunities, and discover capacity options. However, if a last-minute load is tendered and your core relationship carriers are busy, or your team aims to grow your operations beyond its current capacity, new carriers are needed.

Negotiating Skills 78

Negotiating Skills Price Reduction Expense Reduction Cost Reduction 78

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

Blue Grace Logistics

JULY 27, 2021

We explore how predictive analytics and big data with human sentiments can add value and amplify their supply chain strategies. Customer expectations and the buying capacity of the purchaser coupled with the cost of substitutes or complementary goods also play an important role. Simple Examples of Predictive Analytics.

Procurement Analytics 62

Procurement Analytics Supply Chain Planning Software Supply Chain Software Supply Chain Design Software 62

GlobalTranz

MAY 8, 2017

This example generates a huge amount of data that can leverage in the supply chain. While this example may still be a few years off, it is important that you understand how the top emerging trends in automation will shape supply chains and transportation processes in the coming years. The truck never stops until arriving for reloading.

Supply Chain Software 75

Supply Chain Software Supply Chains Automation Trends 75

AIMMS

MARCH 8, 2016

To address this, retailers must use available infrastructure at full capacity even as they struggle with a large breadth of SKU assortments and volumes per channel. Transportation capacity and cost: carriers are more selective about which retailers they work with and parcel pricing strategies are changing. A large U.S.

Cost Reduction 62

Cost Reduction Inventory Reduction Price Reduction Sourcing Strategies 62

Blue Grace Logistics

APRIL 24, 2023

By providing that level of cus­tomer support, 3PLs should be able to grow regardless of fluctuations in freight demand, Harris said, pointing to his own company as an example. As supply chain disruptions have abated and truck capacity has loosened, negotiating power in the freight market has shifted from carriers back to the shippers.

Supply Chain Software 62

Supply Chain Software Collaboration Supply Chains Inventory Reduction 62

AIMMS

MARCH 8, 2016

To address this, retailers must use available infrastructure at full capacity even as they struggle with a large breadth of SKU assortments and volumes per channel. Transportation capacity and cost: carriers are more selective about which retailers they work with and parcel pricing strategies are changing. A large U.S.

Optimal Sourcing 69

Optimal Sourcing Sourcing Strategies Cost Reduction Inventory Reduction 69

Blue Grace Logistics

NOVEMBER 28, 2023

Growers, shippers, and retailers with advanced supply chain strategies are earning consumer loyalty, thanks in part to the supply chain professionals who plan, execute, and adapt to the challenges posed by fresh produce. A perfect example of how the transitional seasons demand the produce supply chain is built to be nimble and adaptable.

Supply Chain Planning Software 62

Supply Chain Planning Software Supply Chain Software Supply Chains Waste Reduction 62

GlobalTranz

JUNE 11, 2018

This problem is not due to just capacity; it derives from inexperience too. If negotiations rely on an understanding of all inbound and outbound freight statistics and processes, lacking information will result in strong variances between rates and trouble securing available capacity. Market capacity. Download Here. New Series.

Negotiating Skills 74

Negotiating Skills Buyer Training White Paper 3PL 74

GlobalTranz

MARCH 25, 2016

In another example, Hong Kong began switching conventional traffic lighting to more energy efficient LED traffic lighting. The key to each of these examples rests on the fact that companies were able to remain profitable, disproving misconceptions about the cost-effectiveness of sustainability in logistics.

Material Savings 59

Material Savings Manufacturing Procurement Cost Reduction Logistics Network Optimization Software 59

GlobalTranz

MAY 26, 2017

In this capacity, 3PLs have worked to improve a company’s expenses for logistics, but the renewed focus on customer service means the role of the 3PL must extend beyond traditional goals, building business strategy. Alight shipping strategy with retail strategy. Shippers need a strategy for customer service.

Cost Reduction 66

Cost Reduction Expense Reduction Material Savings Logistics Network Optimization Software 66

GlobalTranz

OCTOBER 10, 2017

These metrics provide a quick yes or no analysis of the effectivity of your last mile logistics strategy. For example, overall fuel consumption costs may be lower, but interval-based fuel consumption rates could show consistent, stopping and starting patterns that do not coincide with existing routes and drive up fuel costs.

Cost Reduction 61

Cost Reduction Waste Reduction Expense Reduction Logistics Network Optimization Software 61

GlobalTranz

JANUARY 26, 2018

For example, when a forward pick location has less physical than systemic inventory, the WMS may not trigger a replenishment that is required to fulfill orders, resulting in shorted picks. When delaying the booking until research can be completed, there is often a negative impact to the operation. Stop Hiding Inventory Pricing From Employees.

Inventory Reduction 80

Inventory Reduction Inventory Price Reduction Cost Reduction 80

GlobalTranz

AUGUST 18, 2015

Trucking companies expanded into providing wholesome solutions for small to mid-sized businesses (SMBs), and shipping intermediaries were trying to make shippers collaborate to move existing shipments towards capacity per haul. What Data Analytics and Business Process Strategy Services Are Offered?

Logistics Network Optimization Software 96

Logistics Network Optimization Software Procurement Analytics Inventory Reduction Supply Chain Software 96

GlobalTranz

JULY 13, 2015

Monitor Warehouse Capacity. The 26 th State of Logistics Report found that many warehouses are operating at, or near, capacity. Identify Peaks in Warehouse Capacity. Throughout the year, warehouses experience changes in capacity due to increases and decreases in consumer spending. Cycle Times.

Procurement Analytics 107

Procurement Analytics Distribution Inventory Reduction Resource Reduction 107

GlobalTranz

NOVEMBER 3, 2015

We first did an overview of the 10 areas of strategy a shipper must know in order to stay competitive. Today we will talk about the flow of strategy as pertains to inventory flow and driving warehouse efficiency. The essence of strategy is choosing what not to do. ” ― Michael E. Our first post focused on distressed shipments.

Inventory Reduction 112

Inventory Reduction Vendor Strategies Cost Reduction Waste Reduction 112

GlobalTranz

APRIL 26, 2017

For example, companies needing to know their average fuel costs should also know the miles driven per vehicle, the weight of each load, the average cost of fuel per gallon, the speed driven, the number of trucks on the road, traffic patterns and idle time, reports Supply Chain Digital.

Supply Chain Planning Software 88

Supply Chain Planning Software Supply Chain Software Supply Chain Technology Logistics Network Optimization Software 88

GlobalTranz

OCTOBER 5, 2015

The decision-making capacity of smart devices within an IoT-enabled network also affects the overall supply chain structure. Another example might be a situation in which production constraints might delay delivery of raw materials by 3 days to a proprietary supplier. Ability for Decision Making in the Internet of Things Supply Chain.

Optimal Sourcing 111

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

GlobalTranz

SEPTEMBER 8, 2015

As we have written in the past, carriers are now calling the shots with capacity constraints continuing and expected to increase. Shipping Strategy. The answer is your business strategy. This is the first post in a four-part series on how to achieve best in class shipper status. Knowledge of the Carrier's Business.

Cost Reduction 93

Cost Reduction Expense Reduction Supply Chain Planning Software Optimization Software 93

GlobalTranz

JULY 28, 2015

For example, a business may order a specific number of items, which would be too minute to warrant transport via rail or traditional truckload. Larkin calculates that LTL revenues are down to just 12% or so of the truckload market, for example. For example, store A ran out of Item B. LTL Providers Reach Capacity.

Purchasing Skills 97

Purchasing Skills Manufacturing Procurement Negotiating Skills Cost Reduction 97

GlobalTranz

JANUARY 10, 2017

Of course, the human controlling capacity for actual AI is still far from realistic, but the concept of a superior AI did make strides this year. For example, planning, purchase order placement, manufacturing floor information logistics operations and beyond became essential variables in the goal of creating a more agile supply chain.

Manufacturing Procurement 65

Manufacturing Procurement Optimal Sourcing Procurement Analytics Procurement Solutions 65

GlobalTranz

SEPTEMBER 4, 2015

However, the direct causes are ultimately consumers and capacity issues. Capacity Versus Capability Versus Demand. For example, e-commerce applications may be used to generate automated order picking, fulfillment, and shipping. An app takes pictures, and another app works with email capacities.

Supply Chain Planning Software 106

Supply Chain Planning Software Supply Chain Software Supply Chains Logistics Network Optimization Software 106

Logistics Bureau

OCTOBER 24, 2022

How retailers are reevaluating post-pandemic inventory strategies. For example, home improvement retail giant Lowe’s has begun testing Nvidia’s digital twin solution, Omniverse, in two US stores belonging to the chain. Renault’s plans for network redesign and S&OP improvement. Warehouse Landlords Favour the Giants.

Supply Chain Planning Software 62

Supply Chain Planning Software Supply Chain Software Supply Chains Optimal Sourcing 62

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. For example, a customer is less likely to make a purchase if the same item can be purchased on Amazon with free shipping.

Logistics Network Optimization Software 60

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

GlobalTranz

FEBRUARY 9, 2017

For example, a company’s enterprise resource planning (ERP) systems should be accessible from anywhere within the manufacturing enterprise. However, age-old means of collaborating, such as emails and faxes, are insufficient to sustain the industry in 2017. Manufacturers must look for new ways to improve collaboration.

Supply Chain Planning Software 104

Supply Chain Planning Software Trends Logistics Network Optimization Software Industry 104

GlobalTranz

JUNE 21, 2018

For the purposes of objectivity, better refers to accessing more available truckload capacity, which is tightening more than ever, says the Journal of Commerce, scheduling freight with the right type of carrier that specializes in a given type of full truckload, and securing such capacity at competitive rates. Carrier relations.

How To 48

How To Modeling Software Logistics Network Optimization Software Purchasing Skills 48

GlobalTranz

JULY 14, 2015

For example, a subtle change in hydraulic pressure may still permit the machine to operate. For example, a machine may need to have a specific part replaced every three months, but periods of increased demand could mean the manufacturing entity is placed at maximum capacity. Let us know in the comments section below.

Supply Chain Software 103

Supply Chain Software Supply Chains Manufacturing Procurement Scenario Planning 103

GlobalTranz

SEPTEMBER 11, 2015

For example, a shipper should consider fuel cost forecasts when creating a budget for LTL transport. For example, a manufacturer is unable to produce products without raw materials. One of the best ways to manage these unforeseen costs remains budgeting for them prior to pick up. Management of Incoming Freight.

Material Savings 94

Material Savings Cost Reduction Freight Resource Reduction 94

CLX Logistics

APRIL 26, 2019

The year 2018 was challenging for shippers in all industries, including chemical, due to capacity constraints in the marketplace that inflated costs. The convergence of high costs, limited capacity, emphasis on timely delivery and demand for greater supply chain visibility, made it a problematic year for shippers and carriers alike.

Optimal Sourcing 46

Optimal Sourcing Negotiating Skills Procurement Cost Reduction 46

GlobalTranz

JUNE 23, 2015

for example, compared to shipping state-to-state. For example, Chinese wages have increased 320% since 2000. Foxconn, for example, announced plans to reshore in Pennsylvania, investing $40 million for a mostly automated plant. Premium freight capacity improves. energy costs have dropped. Since 2005, U.S.

Cost Reduction 104

Cost Reduction Expense Reduction Inventory Reduction Material Savings 104

GlobalTranz

MAY 3, 2017

For example, if a piece of equipment is using more electricity than other equipment of the same type, it may indicate a problem with its electrical wiring. More manufacturers will leverage its capacity and analytics to bring costs to record lows and eliminate redundancy and inefficiency wherever possible.

Cost Reduction 84

Cost Reduction Modeling Software Supply Chain Software After-sales 84