GlobalTranz

MARCH 24, 2016

For manufacturers and shippers, freight spend represents one of the largest costs to the respective company. As a result, more supply chain entities are turning to transportation consolidation programs otherwise known as truckload consolidation, explains Joseph O’Reily of Inbound Logistics , to meet these demands.

Cost Reduction 54

Cost Reduction Waste Reduction Transportation Freight 54

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

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. This can lead to spikes in demand and challenges in meeting consumer expectations for fresh produce year-round.

Supply Chain Planning Software 62

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

Logistics Viewpoints

NOVEMBER 21, 2022

Because of the food giant’s size, their sustainability strategy also is very broad. The focus of my interview with Mr. Andrew was the company’s efforts to reduce greenhouse gas (GHG) emissions across their end-to-end value chain. Reduce miles, reduce touches, become more efficient all the way through” your supply chain.

Food and Agriculture 113

Food and Agriculture Supply Chain Planning Software Supply Chain Design Software Purchasing Skills 113

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

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

MAY 21, 2015

In order to avoid incidents of mismatch between supply and demand, establish more efficient manufacturing and lower costs, it is necessary to establish an environment of consistent supply chain visibility. Walmart has effectively used a responsive transportation system to lower its overall costs.

Supply Chain Planning Software 100

Supply Chain Planning Software Supply Chain Software Cost Reduction Supply Chains 100

GlobalTranz

MAY 17, 2017

In other words, politics can lead to tax benefits and incentives for companies that abandon waste-producing practices or work to reduce their carbon footprints. Essentially, creating and implementing a sustainability strategy is the only long-term solution companies have to avoid possible compliance violations. Reduce costs.

Waste Reduction 73

Waste Reduction Cost Reduction Vendor Strategies Resource Reduction 73

MTS Logistics

SEPTEMBER 15, 2023

It will educate them on changing customs requirements, regulations, and laws, and reduce the number of errors in filings and resultant penalties. CBP will allow customs brokers to complete fewer than 36 hours to meet the requirement for the initial 2024-2027 triennial status period. CBP and U.S.

Buyer Training 78

Buyer Training Exercises Maintainability Training 78

GlobalTranz

MAY 24, 2018

Parcel shipping and handling costs have a much bigger impact on sales than shippers realize. This emphasizes the importance of setting the right parcel shipping and handling costs. Knowing this information provides a baseline expectation for what shippers should be charging customers for parcel shipping and handling costs.

Cost Reduction 48

Cost Reduction Handling Expense Reduction Inventory Reduction 48

GlobalTranz

OCTOBER 11, 2017

Therefore, shippers must be able to control to blend last mile with other shipping strategies. However, consumers’ experiences are the cornerstone of successful last mile delivery logistics, and shippers need to revolutionize their last mile delivery logistics strategy to meet these expectations.

Cost Reduction 56

Cost Reduction Resource Reduction Price Reduction Logistics Network Optimization Software 56

AIMMS

MARCH 8, 2016

Labor and automation – the cost of labor is high, forcing retailers to examine the ROI of automation initiatives. Time – product fulfillment needs to happen quickly, and at low to no cost for the consumer. Retailers need to respond with innovative transportation strategies and packaging options, as well as training for employees.

Cost Reduction 62

Cost Reduction Inventory Reduction Price Reduction Sourcing Strategies 62

GlobalTranz

FEBRUARY 7, 2017

For example, a manufacturer’s financial, warehousing, shipping and auditing information can be kept safely in one platform. These holistic platforms offer increased versatility and flexibility to adapt to fluctuations within markets, and they can eliminate the overhead costs of running an in-house IT department.

Supply Chain Design Software 76

Supply Chain Design Software Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Software 76

AIMMS

MARCH 8, 2016

Labor and automation – the cost of labor is high, forcing retailers to examine the ROI of automation initiatives. Time – product fulfillment needs to happen quickly, and at low to no cost for the consumer. Retailers need to respond with innovative transportation strategies and packaging options, as well as training for employees.

Optimal Sourcing 69

Optimal Sourcing Sourcing Strategies Cost Reduction Inventory Reduction 69

GlobalTranz

DECEMBER 15, 2016

As big data analytics offer a sizeable competitive advantage for many industries, the drive to deliver cutting edge innovation in data analytics is ever increasing. The right decision hinges upon the point where the cost and ability to build overshadows the time to value of cloud-based solutions. Data Analytics in the Cloud.

Supply Chain Software 53

Supply Chain Software Data Cost Reduction Supply Chains 53

GlobalTranz

MAY 3, 2017

In addition, the IIoT’s nature allows companies to reduce overhead and maximize efficiency without dramatically increasing initial investments. Predictive Maintenance and Customer Marketing Analytics Will Cut Manufacturers’ Primary Costs. The IIoT Meets Demand for Increased Visibility.

Cost Reduction 84

Cost Reduction Modeling Software Supply Chain Software After-sales 84

GlobalTranz

JANUARY 4, 2017

In the below is a real world example of a consultant coming to a third party logistics company with the goal of choosing a warehouse and 3pl provider. And our client engages with 3PL by open book cost plus contracts and gain share and pain share incentive. Use Value Engineering : Reduce the Cost and retain the function of anything.

Negotiating Skills 77

Negotiating Skills Cost Reduction Scenario Planning Inventory Reduction 77

GlobalTranz

NOVEMBER 10, 2015

Transportation costs make up 60 percent of overall logistics expenses for all shippers and 3PLs. For these companies, the use of a dedicated transportation management system, such as Cerasis™ Rater , can be deployed to lower transportation costs across the entire supply chain.

Supply Chain Planning Software 90

Supply Chain Planning Software Optimization Software Inventory Reduction Cost Reduction 90

GlobalTranz

FEBRUARY 3, 2016

To add insult to injury, as manufacturers, right now must do all they can to have efficient logistics processes in order to reduce overall costs. Typically, those who work and run a manufacturing company are not an expert at operations and strategies for BOTH manufacturing and logistics.

Cost Reduction 54

Cost Reduction Price Reduction Waste Reduction Material Savings 54

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

Logistics Viewpoints

OCTOBER 10, 2022

The company works hard to meet the demanding requirements for quality, innovation, and cost from their OEM customers. Can you give me a concrete example of how your risk management solution detected a threat and came to the rescue? Autoliv is the largest supplier of safety systems to the automotive industry. Any final thoughts?

Supply Chain Planning Software 135

Supply Chain Planning Software Supply Chain Software Supply Chains Optimal Sourcing 135

GlobalTranz

SEPTEMBER 28, 2016

and/or capabilities of the supplier and meet companies' short- and/or long-term supply needs. It is important to note that the above focus does not take into account short-term efforts to improve cost, quality or delivery issues with supplier(s) to meet companies’ expectations. Lead Time Reduction in Supply Chain.

Supply Chain Planning Software 89

Supply Chain Planning Software Supply Chain Software Supply Chains Scenario Planning 89

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. As a result, companies are doubling down on their efforts to meet the surge in demand and across global omni-channel sales.

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. Actionable Metrics Will Enhance Operations, Reducing Costs. Ultimately, the sustainability push will be key to meeting market demand and fluctuations throughout 2017.

Supply Chain Planning Software 104

Supply Chain Planning Software Trends Logistics Network Optimization Software Industry 104

GlobalTranz

JANUARY 17, 2017

The use of predictive analytics has the potential to dramatically reduce expenses in the manufacturing sector, particularly with respect to proactive machine maintenance. This reduces overhead while reducing costs and issues experienced by the consumers. Predictive Analytics Became Commonplace to Manufacturing.

Manufacturing Procurement 82

Manufacturing Procurement Procurement Analytics Expense Reduction Material Savings 82

GlobalTranz

FEBRUARY 24, 2016

Lean manufacturing refers to eliminating waste, reducing costs, and improving production with finite resources. For example, mobility in manufacturing solutions are enabling warehouses to reduce inventory costs. In reality, today’s mobility solutions have changed and become more effective and cost-efficient.

Waste Reduction 53

Waste Reduction Inventory Reduction Cost Reduction Resource Reduction 53

GlobalTranz

OCTOBER 20, 2016

Manufacturers must think about new ways to reduce overhead and eliminate downtime in their factories, such as creating proactive maintenance plans and better allocation of resources. For example, companies can implement new programs and create new resources that meet the demands of millennials.

Buyer Training 95

Buyer Training Resource Reduction Cost Reduction Material Savings 95

Blue Grace Logistics

APRIL 28, 2023

China tensions and the pandemic-driven distribution crisis forced businesses to give priority to supply-chain resiliency over the cost-cutting that once sent that production to Asia, particularly China, consultants and deal makers say. companies opening factories in Mexico, for example, nor investment in private real estate.

Trends 62

Trends Negotiating Skills Supply Chain Planning Software Supply Chain Software 62

GlobalTranz

OCTOBER 26, 2015

When a shipment fails to meet the expectations for delivery, the shipment is considered to be distressed. If a driver fails to meet standards, such as failure to pass state-mandated inspections or being prevented from leaving the loading dock on time, the expected time of delivery is pushed back.

Tips 95

Tips Cost Reduction After-sales Logistics Network Optimization Software 95

GlobalTranz

MAY 25, 2018

Warehouse managers must understand why changes of standards and use of the Internet of Things (IoT) are needed and how smart warehouses can meet the demands of today and tomorrow. For example, auto-lighting LEDs, RFID, and handheld scanners can help pickers ensure the right item is picked every time.

Inventory Reduction 50

Inventory Reduction Supply Chain Planning Software Inventory Supply Chain Software 50

AIMMS

NOVEMBER 19, 2015

As we discussed in our recent Supply Chain webinar, this is not an easy task if you have a lot of fluctuating demand and uncertainty in your production process. Every business wants to achieve the optimal mix of customer service, smallest logistics cost and inventory carrying cost. The difference between good and great.

Production 70

Production Supply Chain Planning Software Scenario Planning Optimization Modeling 70

AIMMS

NOVEMBER 19, 2015

As we discussed in our recent Supply Chain webinar, this is not an easy task if you have a lot of fluctuating demand and uncertainty in your production process. Every business wants to achieve the optimal mix of customer service, smallest logistics cost and inventory carrying cost. The difference between good and great.

Production 62

Production Supply Chain Planning Software Optimization Modeling Scenario Planning 62

GlobalTranz

MARCH 9, 2015

The costs of logistics and inventory are decreasing, contract renewal rate for logistics outsourcing remains good, and the emergence of cutting-edge technologies like 3D printing, drone delivery and augmented reality is opening up a wide vista of opportunities. Some cutting-edge technologies are already busy transforming the market.

Outsourcing 96

Outsourcing Logistics Network Optimization Software Supply Chain Design Software Optimization Software 96

GlobalTranz

FEBRUARY 25, 2016

For example, some people are offering to pay up to $10 for old, discarded car batteries. Let's take a look at some of the key considerations for the circular supply chain and how supply chain entities are stepping up to meet these demands. Recycling and reuse of scrapped products have become hot-button topics in the modern world.

Supply Chain Software 69

Supply Chain Software Supply Chains Manufacturing Procurement Resource Reduction 69

Talking Logistics

OCTOBER 22, 2018

Author’s Note: The following is an excerpt of what I presented recently in a webinar organized by Descartes Systems Group (a Talking Logistics sponsor) focused on “ Delivery – The Moment of Truth.” I’ll give you a quick personal example. For the rest of my comments and Brian Hodgson’s presentation, watch the webinar archive.

Supply Chain Design Software 61

Supply Chain Design Software Supply Chain Design Webinar Supply Chains 61

GlobalTranz

OCTOBER 17, 2017

Both services seek to meet the increasing demands of a growing customer base, especially customers of e-commerce platforms, as explained by Deborah Lockridge of Truckinginfo. That saying is the cornerstone to understanding why white glove services & last mile deliveries are proverbial gold in logistics strategies.

Logistics Network Optimization Software 60

Logistics Network Optimization Software Cost Reduction Expense Reduction Price Reduction 60

Logistics Bureau

NOVEMBER 11, 2020

Walmart, UPS, and Boeing , for example, are incorporating VR in their employee education programmes, seeing the technology as superior for training and imparting skills to workers. For example, Alex Valaitis, Author of Modern College , predicts that the declining value of a university degree, the Coronavirus-linked lockdowns, and a $1.6

Supply Chain Planning Software 75

Supply Chain Planning Software Supply Chain Software Buyer Training Training 75