GlobalTranz

OCTOBER 12, 2016

The manufacturing skills gap, which we first defined here , is a real threat to the future of the U.S. As a result, the manufacturing industry will face a shortage of nearly 3.5 However, manufacturers can work to reduce the overall manufacturing skills gap by following these four steps. Eliminate Gender-Based Inequality.

Manufacturing Procurement 125

Manufacturing Procurement Buyer Training Waste Reduction Cost Reduction 125

GlobalTranz

JANUARY 12, 2015

This is the first post in a two part series on the “Changing Face of Manufacturing.” ” We have many manufacturing shipper customers, and we love to create content of value for them on such subjects as best practices in logistics or trends around the supply chain. Drop in the price of crude oil.

Manufacturing Procurement 117

Manufacturing Procurement Optimal Sourcing Price Reduction Cost Reduction 117

Logistics Business Magazine

OCTOBER 26, 2022

Driven by strong organic growth and a strategy of acquisitions to better meet market needs, the RAJA Group has become a key player in the field of business supplies and equipment. The post RAJA shares growth strategy with suppliers appeared first on Logistics Business® Magazine.

Material Savings 63

Material Savings Strategy Manufacturing Procurement Eliminating Excel in Purchasing 63

GlobalTranz

JANUARY 19, 2015

There’s more involved in successfully reshoring a foreign manufacturing operation back to the U.S. Reshoring is a hot topic in manufacturing. These “Bring Manufacturing Back” initiatives have many moving parts and require careful planning and execution and very skillful project management. than simple cost comparisons.

Manufacturing Procurement 101

Manufacturing Procurement Purchasing Skills Buyer Training Supply Chain Planning Software 101

GlobalTranz

FEBRUARY 25, 2021

How often do you think about your retail reverse logistics strategy? Instead of being relegated to the margins, executives must rethink their strategy and consider how a data-driven reverse supply chain can add more value and improve profit margins. The Benefits of a Data-Driven Retail Reverse Logistics Strategy.

Expense Reduction 101

Expense Reduction Inventory Reduction Reverse logistics Strategy 101

GlobalTranz

JUNE 30, 2017

Manufacturers have always struggled to know their customers. Unfortunately, this means manufacturers face an even greater challenge, as more customers translate into greater use of customer service. But, how do manufacturers turn their focus to the customer experience? Determine What Customers Want Today.

Manufacturing Procurement 82

Manufacturing Procurement Procurement Analytics After-sales Price Reduction 82

GlobalTranz

SEPTEMBER 19, 2016

They discuss what it takes to create green industrial and manufacturing facilities from scratch. Creating Green Industrial and Manufacturing Facilities From Scratch. Product demand has a lot to do with creating environmental issues in the manufacturing industry. IKEA certainly has no problem understanding it.

Manufacturing Procurement 87

Manufacturing Procurement Material Savings Resource Reduction Industry 87

GlobalTranz

JANUARY 17, 2017

Newer technologies have created entirely new methodologies for improving manufacturing, and the outlook is brighter than ever. So, let’s take a look at how our predictions for the first four manufacturing technology trends (Predictive analytics, 3D Printing, and VR) to watch for in 2016 stacked up. VR tends to replace the entire image.

Manufacturing Procurement 82

Manufacturing Procurement Procurement Analytics Expense Reduction Material Savings 82

Logistics Viewpoints

AUGUST 22, 2023

That’s when you can course correct in any number of ways that make your business more efficient and your customers happier. And modern, API-first data strategies have vastly improved portability, ensuring data can be easily moved and shared between any cloud and any application. In other words, visibility is an enabler.

Supply Chain Planning Software 111

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 111

GlobalTranz

JUNE 16, 2015

Throughout the course of business, business owners, who may be in the manufacturing, retail, or in another industry, find themselves focusing on innovation. In fact, the annual ChainLink Research Study found innovation to be the top focus for those involved in the manufacturing community.

Manufacturing Procurement 101

Manufacturing Procurement Purchasing Skills Price Reduction Supply Chain Design Software 101

GlobalTranz

JULY 24, 2015

Supply chain management in manufacturing is by no means a simple process, but the United States is learning from past mistakes and they're poised to start playing a little catch-up in the manufacturing world due to their expertise. Government Weighs In on Supply Chain Management in Manufacturing. The Numbers Are In.

Manufacturing Procurement 114

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software Supply Chains 114

Logistics Bureau

APRIL 3, 2023

To date, most of our content has covered topics related either to logistics or manufacturing outsourcing. But, of course, what those circumstances are is for you to decide. Meanwhile, countries in Southeast Asia, such as Vietnam and Cambodia, are enjoying growth as offshore manufacturing centres.

Outsourcing 87

Outsourcing Optimal Sourcing Supply Chain Software Cost Reduction 87

Kanban Logistics

AUGUST 13, 2020

If you’re a manufacturer, you likely know the answer. See, there’s a big difference between handling inbound logistics yourself and outsourcing it to a trusted North Carolina third-party logistics (3PL) provider that knows the manufacturing industry. Third-party procurement. Third-party procurement services from a 3PL can help.

Manufacturing Procurement 98

Manufacturing Procurement Inbound 3PL Material Savings 98

Logistics Viewpoints

FEBRUARY 2, 2024

UPS is seeking alternative strategies for its truck brokerage business, which has seen sales plummet amid a freight recession marked by declining rates and over capacity. cities over the course of the year, bringing the total number to 110. Soft demand in Europe and the US led to an overall decline of 7.5

Cost Reduction 140

Cost Reduction Inventory Reduction Manufacturing Procurement Logistics Network Optimization Software 140

Logistics Viewpoints

JUNE 20, 2022

Mr. Bailey has worked most of his career at VF – as an industrial engineer in facilities, in strategic sourcing, running offshore operations, and now as the person in charge of the company’s entire supply chain. VFC’s supply chain sourced over 410 million units of apparel, footwear, and accessories in their last fiscal year.

Supply Chain Planning Software 126

Supply Chain Planning Software Supply Chain Software Manufacturing Procurement Supply Chains 126

GlobalTranz

JANUARY 28, 2016

Picture of traditional job in manufacturing. Each setting is an accurate image of manufacturing from different time periods in history, the past and the present. Manufacturing has changed a great deal over the last 100 years, and manufacturing today is dramatically different than what was “normal” in 1990.

Manufacturing Procurement 77

Manufacturing Procurement Sourcing Strategies Buyer Training Material Savings 77

GlobalTranz

MAY 5, 2017

The only certainty in manufacturing is uncertainty. Markets change, consumers decide to purchase different products and economies fail. Enter: Product Manufacturing Ideation. . Product Manufacturing Ideation: Powered by Social Media & Crowdfunding. Of course, it provides another benefit as well.

Manufacturing Procurement 48

Manufacturing Procurement Production Cost Reduction Inventory Reduction 48

GlobalTranz

JANUARY 10, 2017

From artificial intelligence to refocusing on procurement, the state of supply chain continued to explode throughout 2016, and you need to understand why. 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. Artificial Intelligence.

Manufacturing Procurement 65

Manufacturing Procurement Optimal Sourcing Procurement Analytics Procurement Solutions 65

GlobalTranz

NOVEMBER 9, 2016

Simply using common calendar tools, such as Google, means you are using the IoT, but the Industrial Internet of Things (IIoT) leads to the use of connected, smart devices to reduce inefficiencies, delays, and inaccuracies throughout the product lifecycle, including procurement as well. Warehouse Management. Transportation Management.

Manufacturing Procurement 98

Manufacturing Procurement Supply Chain Software Supply Chains Logistics Network Optimization Software 98

Logistics Viewpoints

OCTOBER 10, 2022

This global, Tier 1 manufacturer is headquartered in Stockholm and had revenues of over $8 billion last year. in turn, is a boutique procurement consultancy. Professionals from procurement, compliance, logistics, sustainability, information-security and several other internal stakeholder all use the solution for different reasons.

Supply Chain Planning Software 134

Supply Chain Planning Software Supply Chain Software Supply Chains Optimal Sourcing 134

Ship Monk

APRIL 5, 2024

The fact is, most business owners think of procurement as nothing more than a transactional relationship. Of course, it wouldn’t be a business strategy if there weren’t a couple more acronyms to learn. End relationships with uncooperative vendors whose goods can easily be purchased elsewhere.

Negotiate Pricing 85

Negotiate Pricing Negotiating Skills eCommerce Purchasing Skills 85

Logistics Bureau

MAY 30, 2022

Our three pillars (or fundamentals) of great supply chain management excellence are strategy, service, and cost. Aligning strategy, service, and financial factors in your supply chain operation is essential to support your company’s overall business strategy , mission, and objectives. The Importance of Alignment.

Inventory Reduction 112

Inventory Reduction Cost Reduction Price Reduction Supply Chain Planning Software 112

Logistics Business Magazine

FEBRUARY 13, 2024

With this step, the industrial truck manufacturer wants to set the course for the upcoming generational change in good time. Thomas Bach has also joined the management team as Director of R&D and Purchasing with immediate effect. Clark Europe GmbH, based in Duisburg, has expanded its management team.

Material Savings 56

Material Savings Manufacturing Procurement Purchasing Skills After-sales 56

Logistics Bureau

DECEMBER 4, 2023

Inventory management is a crucial aspect of supply chain management, and effective strategies can help businesses reduce costs, improve customer service, and increase profits. But what does a great inventory management strategy look like? Amazon did not invent the random storage approach. Book your free consultation.

Inventory Reduction 87

Inventory Reduction Eliminating Excel in Purchasing Inventory Waste Reduction 87

GlobalTranz

MARCH 23, 2016

These metrics would, of course, be aligned and are updated every hour. For example, if your strategy is to improve Quality, the people in the value stream would own a control chart of heat applied to the product. Of course, you would also have the responsible workers as a team performing Kaizen to eliminate the root causes.

Manufacturing Procurement 54

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software Optimal Sourcing 54

Logistics Bureau

SEPTEMBER 4, 2023

And, of course, I will also share how knowing your cost-to-serve will help you to solve those all-too-familiar performance gremlins. Potential Factors in Declining Margins To get to the root of the problem, understanding the costs of production or purchasing will be a necessary starting point, but typically, more information will be needed.

Negotiating Skills 89

Negotiating Skills Purchasing Skills Cost Reduction Analysis 89

GlobalTranz

AUGUST 10, 2016

Today, Kelly shares the top 14 Logistics and Supply Chain Management training programs and courses available in 2016. It is important to note the necessity to build strategy of company’s logistics system development and integrate it as a full-fledged component for not less than 10-15 years. University Courses. 3) OnCampus Texas.

Supply Chain Planning Software 62

Supply Chain Planning Software Supply Chain Design Software Course Supply Chain Software 62

GlobalTranz

FEBRUARY 25, 2015

Editor’s Note: This is our second post in a collaborative blog post series about mobility in manufacturing & logistics along with Catavolt, who helps manufacturing organizations drive operational excellence with mobile apps. What is “The Internet of Things” Impact on Manufacturing & Logistics?

Manufacturing Procurement 107

Manufacturing Procurement Optimization Software Logistics Network Optimization Software Supply Chain Planning Software 107

Logistics Business Magazine

JULY 6, 2022

Of course, with global energy prices soaring, the commercial incentive for operating in an environmentally conscious way has never been greater. And, one of the IMHX 2022 Sustainability Zone’s sponsors is Intelligent Energy – a leading fuel cell development and manufacturing business.

Supply Chain Planning Software 63

Supply Chain Planning Software Supply Chain Design Software Manufacturing Procurement Sourcing Strategies 63

3PL Links

APRIL 23, 2024

Image source: Biz Epic | Top 8 Applications of Artificial Intelligence in The Supply Chain Innovation in technology has completely changed the supply chain. Predictive maintenance Certain equipment and systems go through maintenance procedures in accordance with manufacturer recommendations. This regularity can be provided by AI.

Supply Chain Planning Software 48

Supply Chain Planning Software Supply Chain Software Optimal Sourcing Supply Chains 48

Logistics Business Magazine

JULY 28, 2022

Without having an overview of the location and status of inventory, or the ability to forecast customer demand to prepare for a surge in sales, businesses could not react quickly enough and plan the right course of action. On top of this, businesses struggled with both sourcing and receiving products. As the U.S.

Supply Chain Planning Software 64

Supply Chain Planning Software Supply Chain Software Supply Chains Manufacturing Procurement 64

GlobalTranz

NOVEMBER 16, 2016

Yet the majority of companies have not defined a big data strategy, and others are barely starting to notice. . �. As a result, the simplest way of defining a big data strategy must begin with understanding how it will evolve and affect the company. . How to Get Started with Your Big Data Strategy. . Hand-held scanners.

Resource Reduction 91

Resource Reduction Cost Reduction Supply Chain Planning Software Supply Chain Software 91

Blue Grace Logistics

NOVEMBER 21, 2023

The decision to opt for frozen products over fresh ones is not just about convenience; it is a calculated strategy to strike a harmonious balance between buyers’ wallets and taste buds. Supply chain professionals in the cold chain space have observed the steady rise of this trend and are ready to heed the call.

Optimal Sourcing 94

Optimal Sourcing Sourcing Strategies Resource Reduction Optimization Software 94

Ship Monk

MARCH 30, 2024

This advanced transportation management and rate shopping strategy removes guesswork while infusing flexibility. Section 321 Fulfillment Importing inventory from overseas manufacturers can be expensive and stressful. To remedy this annoying situation, ShipMonk created our Virtual Carrier Network. Have more questions?

3PL 87

3PL Supply Chain Design Software Optimization Software Supply Chain Software 87

Logistics Viewpoints

MAY 27, 2021

Every day, retailers and manufacturers are challenged to balance ambitious customer service promises with profit margin protection. Capacity can be easily ramped up or down due to product seasonality, holidays and of course global events such as the COVID-19 pandemic. Implement successful omnichannel strategies and business models.

eCommerce 138

eCommerce Optimal Sourcing Supply Chain Software Supply Chain Planning Software 138

Logistics Bureau

NOVEMBER 16, 2020

It touches many departments, from production, procurement, shipping, accounting, and finance to marketing, warehousing, research and development, and sales. For example, a member of the sales team could apply to become a purchasing agent, based on her experience of negotiating sales deals. Why Choose a Job in the Supply Chain Industry?

Supply Chain Planning Software 115

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

Logistics Bureau

MARCH 30, 2020

Until the Coronavirus began wreaking its havoc, global companies could run their supply chains on the assumption that disruptions would be rare and short-lived, and that products should be sourced, produced, and distributed at the cheapest locations to be found, wherever in the world that may be. 3) Shorten Your Supply Chain—Source Locally.

Supply Chain Design Software 63

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 63