GlobalTranz

JUNE 23, 2015

Obscure costs and risks were overlooked by many in the rush to operate off-shore. Those changes, along with high costs of transporting materials and finished goods to and from overseas locations, make the value of reshoring likely to become a compelling financial reality for many manufacturers. energy costs have dropped.

Cost Reduction 104

Cost Reduction Expense Reduction Inventory Reduction Material Savings 104

GlobalTranz

JULY 27, 2017

Yet, the rise of just-in-time delivery has complicated how the transportation industry sets rates for shipments, regardless of the well-documented benefits of electronic data interchange (EDI). EDI eliminates the intermediaries in order processing. EDI can send large volumes of documentation at once. Challenges.

Vendor Strategies 67

Vendor Strategies Cost Reduction Resource Reduction Material Savings 67

SYSPRO Smarter ERP

MAY 24, 2023

Understanding why you need a business case can help you prioritize and justify the costs of an ERP system. A general rule of thumb is that the cost of an ERP implementation can account for 1-5% of a company’s annual revenue. Building a business case can help develop strategies to achieve buy-in from the top down.

ERP 52

ERP Vendor Strategies Resource Reduction Cost Reduction 52

GlobalTranz

APRIL 17, 2018

These giants have deep pockets, capable of offering low-cost, if not free, parcel shipping. Rather than giving up, shippers need to consider what Amazon and the big box giants have done right and apply these concepts as part of a robust parcel shipping strategy. Consider Event-Specific Labeling Guidelines.

Cost Reduction 60

Cost Reduction Material Savings Expense Reduction Negotiating Skills 60

GlobalTranz

JANUARY 4, 2017

And our client engages with 3PL by open book cost plus contracts and gain share and pain share incentive. What are the major KPI’s to be followed under the below attributes: Cost or Cost Savings. Use Value Engineering : Reduce the Cost and retain the function of anything. Performance or Service. Customer metrics.

Negotiating Skills 77

Negotiating Skills Cost Reduction Scenario Planning Inventory Reduction 77

Blue Grace Logistics

FEBRUARY 29, 2024

Technology Brings A New Dawn for Drayage Show Submenu Resources The Logistics Blog® Newsroom Whitepaper Case Study Webinars Indexes Search Search BlueGrace Logistics - February 29, 2024 Tom Gresham | Inbound Logistics February 2024 The drayage industry has begun to come out of the shadows.

Supply Chain Planning Software 62

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

SYSPRO Smarter ERP

JULY 28, 2022

People have been talking about the ‘paperless office’ for decades, but many manufacturers and distributors still have staff members manually printing, posting, faxing, emailing and managing documents that go out to customers. Higher costs. Printing, posting and storing paper documents all cost money. Reduced efficiency.

Manufacturing Procurement 111

Manufacturing Procurement Document Distribution Waste Reduction 111

GlobalTranz

DECEMBER 11, 2014

Then we will cover in subsequent posts what are the benefits of using EDI in transportation along with a transportation management system, we will debunk a few myths, and then we will end the series by highlighting how a shipper at Cerasis used EDI to reduce freight expenditures and resources. What is Electronic Data Interchange?

Data 105

Data Transportation Document Inventory Reduction 105

GlobalTranz

MAY 8, 2015

The software can offer freight invoice auditing , creation of Bill of Lading , storage and maintenance of negotiated freight rates, storage of supportive documentation, and analytics to enable shippers to continually improve on their processes. Make fast cost-conscious decisions when dealing with a variety of modes of shipping.

Supply Chain Planning Software 90

Supply Chain Planning Software Optimization Software Negotiating Skills Logistics Network Optimization Software 90

GlobalTranz

APRIL 5, 2018

What about payment processing and documentation? Unloading / Delivery – Upon arrival at the destination, the carrier oversees all necessary unloading a delivery, and the 3PL ensures the driver documents all information, including arrival time, accounting for detention, and checking freight for quality, damage, and contents.

Optimal Sourcing 76

Optimal Sourcing Procurement Resource Reduction Cost Reduction 76

GlobalTranz

APRIL 12, 2017

If you do not have an existing guide, create a list of the challenges and issues that your organization has experienced regarding vendors, such as early/ late shipments, high-cost carrier selection or mislabeling. In addition, include provisions to modify shipment sizes to meet the most cost-effective choice. Distribute Updates.

Vendor Strategies 48

Vendor Strategies Inbound Cost Reduction Price Reduction 48

GlobalTranz

JULY 7, 2015

Although benefits are received when new technology is added to a product, the surplus of earlier product remains stagnant or left in storage… costing a company valuable space and loss of funds. Further, this allows for the technology to check carriers sites every 2 hours for these documents for continual updates and visibility.

Supply Chain Planning Software 97

Supply Chain Planning Software Supply Chain Software Supply Chains Waste Reduction 97

GlobalTranz

FEBRUARY 27, 2018

Digital technologies reduce errors, time, and costs associated with manufacturing and order fulfillment, and procurement costs can be effectively reduced by increasing the vendor-manufacturer relationship. This will increase cost efficiency by 10%, as well as increased service performance by 5% over the next two years.

Manufacturing Procurement 66

Manufacturing Procurement Supply Chain Planning Software Optimal Sourcing Supply Chain Software 66

GlobalTranz

FEBRUARY 13, 2015

Lured by the promise of cheaper labor ( which is starting to not be the case ), companies are blind to the tactical costs of manufacturing overseas. White Paper: Hidden Risks and Costs in an Offshore Supply Chain. Despite these and other hidden costs, offshore manufacturing has become a fact of life. Know the pain points.

White Paper 94

White Paper Supply Chain Planning Software Supply Chain Design Software Supply Chain Design 94

GlobalTranz

FEBRUARY 27, 2015

As a 3PL who offers a transportation management system we’ve integrated to many ERP software, we view the use of technology as an enablement tool for shippers to cut out unneeded waste and thus add more to the bottom line by saving money from such efficiency. Lower inventory carrying costs. It is providing many positive results.

Manufacturing Procurement 110

Manufacturing Procurement ERP Logistics Network Optimization Software Procurement Solutions 110

GlobalTranz

JULY 22, 2015

Based on the research of inboundlogistics.com, freight costs can make up 10% of an organization’s expenditure. As a consequence of rising freight costs, an increasing number of organizations has been more proactive in controlling freight cost and have outsourced the freight auditing process to freight audit specialists.

Negotiating Skills 94

Negotiating Skills Freight Resource Reduction Cost Reduction 94

GlobalTranz

DECEMBER 17, 2014

Truth: It’s Well Worth the Cost. While there is a cost associated with EDI integration, it is definitely worth it. The cost of EDI integration is immediately justifiable. For this reason alone, EDI integration is well worth its initial implementation cost. Myth: It’s Too Expensive.

Supply Chain Software 93

Supply Chain Software Sourcing Strategies Expense Reduction Cost Reduction 93

GlobalTranz

JUNE 18, 2015

Quality, service, costs, environmental and legislative issues are strategic issues that must be managed in addition to the operational challenges mentioned above. Companies that integrate reverse logistics systems into their logistics systems distinguish themselves from competitors in: effective management of inventory availability and cost.

Reverse logistics 103

Reverse logistics Optimization Software Logistics Network Optimization Software Transportation 103

GlobalTranz

APRIL 27, 2016

The CSA initiative was designed to reduce accidents and risk throughout the industry. In a sense, the device is meant to reduce driver fatigue and workload concurrently. Mostly, this will cut down on risk and accidents on the road by keeping drivers accountable for their actions and preventing future incidents.

Cost Reduction 53

Cost Reduction Trucking Training Compliance 53

Logistics Bureau

NOVEMBER 11, 2020

As to be expected, video has proven to be the most effective workplace training element, with most employees ranking this medium above text documents. Webinars: Four exclusive webinars on specialist topics are offered each year. A whopping 98 percent said they planned to include it in their programmes within two years.

Supply Chain Planning Software 75

Supply Chain Planning Software Supply Chain Software Buyer Training Training 75

GlobalTranz

OCTOBER 2, 2015

This is facilitated by the increasing amount of information available to individuals and the decreasing cost of electronic components. . Most of the products created under the maker movement are open source, as anyone can access and create them using available documentation and manuals.

Manufacturing Procurement 112

Manufacturing Procurement Purchasing Skills Resource Reduction Sourcing Strategies 112

GlobalTranz

SEPTEMBER 7, 2016

On the tracking side of things , it’s no longer necessary to take meticulous notes and manually document dates, actions, and status information. Netflix, for instance, made a bold move in 2013 to disrupt the movie-rental industry, offering the option to stream videos on-demand, cutting out the logistics aspect of mail-order rentals entirely.

Supply Chain Software 54

Supply Chain Software Logistics Network Optimization Software Collaboration Supply Chains 54

GlobalTranz

JUNE 10, 2015

Those who really needed to select a guaranteed shipment but didn’t choose it may face additional costs. We repeat: have your documentation. What is the TRUE Cost of having 5 different carriers at your desk ? A carrier isn’t going to remove charges because of a holiday for example. #3: Maybe it’s a matter of taking pictures.

Purchasing Skills 100

Purchasing Skills Price Reduction Logistics Network Optimization Software Tips 100

GlobalTranz

APRIL 5, 2016

However, the economy is on the mend, and the need for immediate cost savings and lean solutions is starting to take the backburner to how 3PL Logistics Companies could benefit shippers through long-term relationships. The needs of yesteryear-clients were quite simple: get costs under control quickly. Drayage Management.

Negotiating Skills 55

Negotiating Skills Logistics Network Optimization Software 3PL Purchasing Skills 55

GlobalTranz

MARCH 6, 2017

It systematically limits access from the warehouse locations to minimize cost while maximizing on the availability of highly profitable items. It is widely known and used in online filing and storage of documents used in the supply chain. The Cerasis Rater eliminates the manual process of booking shipments. Intermodal.

Logistics Network Optimization Software 60

Logistics Network Optimization Software Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 60

GlobalTranz

MAY 13, 2015

And on the subject of sustainability, SCDigest.com covered Walmart’s 2015 Sustainability report : Walmart, the world’s largest corporation, is fresh out with its 2015 sustainability report, the eighth such document it has produced. Low prices benefit customers, but low true costs benefit everyone.” Beyond Technology.

Supply Chain Planning Software 115

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 115

GlobalTranz

DECEMBER 15, 2015

Most businesses that ship freight via Less-than-Truckload or LTL freight services will improve the efficiency and cost-effectiveness of their transportation and logistics departments with the use of an automated transportation management system (TMS). This allows for easy communication without having to dig for documents.

Freight 50

Freight Cost Reduction Expense Reduction Price Reduction 50

GlobalTranz

NOVEMBER 8, 2017

Mixing up two important documents is a matter of split-second decisions that no one can predict or control. Miscalculating costs. You should know exactly how much shipping to and from different countries costs, especially when talking about overseas shipping. Bad international shipping plans.

Logistics Network Optimization Software 66

Logistics Network Optimization Software Material Savings Logistics Cost Reduction 66

GlobalTranz

APRIL 28, 2015

Since the concealed damage could have occurred in one of three places, the carrier justifies paying 1/3 of the cost of the concealed damage claim. Get all the correct documents the first time and hit the carrier with all we have right away to get them back on their heels. Then document some more.

Tips 95

Tips Document After-sales Blog 95

SYSPRO Smarter ERP

MARCH 20, 2024

For manufacturers, having the right business intelligence on hand at the right time can eliminate the guesswork from decision making, offering real-time visibility into business processes so you can anticipate your next move. Data warehousing costs rise. Eliminate reporting inconsistencies and data redundancy. Human error.

Manufacturing Procurement 105

Manufacturing Procurement Optimal Sourcing Expense Reduction Cost Reduction 105

GlobalTranz

SEPTEMBER 2, 2016

If you think refusing it is your best option, you are sorely mistaken, and you could be on the hook for additional shipping costs, depending on the carrier. But, if you accept damaged freight without documented each and every damaged item, you could be stuck with the bill in the end. Accept the Damaged Freight!

Freight 52

Freight Tips Cost Reduction Purchasing Skills 52

GlobalTranz

SEPTEMBER 18, 2015

In that interview we mentioned that he would visit Made In USA Zipper manufacturer, UCan Zippers to film a video documenting the company's commitment to American Manufacturing for nearly 30 years. There are numerous cut and sew operations, for both hand bags and apparel, that are still here and with whom we have long standing relationships.

Vendor Strategies 102

Vendor Strategies Cost Reduction Supply Chain Design Video 102

GlobalTranz

MAY 29, 2018

Parcel auditing is an excellent means of recapturing revenue by reducing parcel transportation costs for shippers around the globe. That amounts to $100,000 of shipping costs that may not accurately reflect the carriers’ actual charges. Higher costs to shippers inevitably result in inflation of product pricing.

Cost Reduction 60

Cost Reduction Price Reduction Transportation Outsourcing 60

GlobalTranz

AUGUST 18, 2016

Value-added services have also taken on a technology-like role as more companies want to use a comprehensive transportation management system (TMS) to thorough document and optimize their processes. New Distribution Channels Are Forming Online and in Traditional, Brick-and-Mortar Stores.

Supply Chain Planning Software 60

Supply Chain Planning Software Optimization Software Supply Chain Software Logistics Network Optimization Software 60

GlobalTranz

MARCH 23, 2017

For example, today’s expensive products may cost more than the Carmack Amendment allows within its limits of liability. Since multiple types exist, creating and transferring an appropriate bill of lading amounts to having the appropriate documentation needed for claims’ filings and processing.

3PL 49

3PL Freight Negotiating Skills Purchasing Skills 49

GlobalTranz

DECEMBER 2, 2014

We wanted to bring you some quick strategies and tips that can help your holiday shipping woes or at any time of the year where you experience an increase in shipping volumes. The mantra for all transportation professionals is simple and holds true no matter the holidays or peak seasons: reduce costs and increase customer satisfaction levels.

Cost Reduction 86

Cost Reduction Price Reduction Vendor Strategies Resource Reduction 86

GlobalTranz

OCTOBER 24, 2016

Patrick gives us some insight into workplace efficiency and how to reduce waste. . The lean concept, itself, is a strategy created to simplify, organize and optimize a working environment. Targeting Workplace Efficiency and Reducing Waste . Any cuts made serve to engage more efficient channels of task accomplishment. .

Waste Reduction 99

Waste Reduction Inventory Reduction Resource Reduction Cost Reduction 99