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. The drivers for growth are not simple factors like the price or quality of a product. Another cutting edge technique used in predictive analysis is neural networks. Check out our July Webinar!

Procurement Analytics 62

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

GlobalTranz

JANUARY 5, 2017

Some incentives are reducing UNIT PRICING. Reducing absolute quantities required. Reducing transportation costs by using the optimization of lanes and routes in the transportation management system (TMS). Should gain share be eliminated and moved to a different incentive? More warehouses are using Lean initiatives.

Cost Reduction 66

Cost Reduction Price Reduction Warehousing Waste Reduction 66

Logistics Viewpoints

NOVEMBER 21, 2022

Those brands include Pepsi, of course, but also Lay’s, Quaker, Doritos, Cheetos, and Gatorade. 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.

Food and Agriculture 113

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

Blue Grace Logistics

SEPTEMBER 12, 2022

Knowledge is power–understanding what’s causing the situation can help reduce stress and enable you to select the best course of action to best move forward. Order volumes will pick back up once companies work through existing inventories and as prices for transportation and fuel continue to decline. The Logistics Blog®.

Material Savings 62

Material Savings Inventory Reduction Cost Reduction Resource Reduction 62

GlobalTranz

AUGUST 25, 2015

It is insufficient to approach freight costs management by simply reducing departmental budgets without rationales that are based on actuals along with calculations of myriad logistical factors included in freight costs. Job Territories. Third-Party Logistics (3PL). bean counter").

Negotiating Skills 109

Negotiating Skills Cost Reduction Optimal Sourcing Resource Reduction 109

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. Furthermore, innovation has replaced previous expectations and practices of reducing prices and focusing on reducing the consumers’ costs.

Manufacturing Procurement 101

Manufacturing Procurement Purchasing Skills Price Reduction Supply Chain Design Software 101

GlobalTranz

JANUARY 12, 2015

Growth drivers in domestic manufacturing include a sharp fall in the price of crude oil and natural gas, rising costs of labor in China and other host countries, and favorable conditions for manufacturing back home. Drop in the price of crude oil. Fall in the price of natural gas. Rising costs of labor in China and other places.

Manufacturing Procurement 117

Manufacturing Procurement Optimal Sourcing Price Reduction Cost Reduction 117

GlobalTranz

MAY 21, 2015

Many manufacturers & retailers have found that they can use state of the art supply chain management to reduce inventory & warehousing costs while speeding up delivery to the end customer. Managers should ensure that a firm’s transportation strategy supports its competitive strategy. Living things are always changing.

Supply Chain Planning Software 100

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

GlobalTranz

FEBRUARY 21, 2017

However, automated systems can help to increase safety by eliminating the opportunity for human error from the equation. Analytics have the potential to dramatically reduce the burden on shippers in 2017, reports Willian B. It can help new and upcoming shippers find ways to consolidate shipments and reduce overhead.

Trends 50

Trends Vendor Strategies Cost Reduction Resource Reduction 50

GlobalTranz

JULY 9, 2015

Throughout this time, 3PL transportation management providers have taken advantage of the low-costs of transportation, which further reduced the costs for businesses and manufacturers. Furthermore, you can prepare for the change by understanding what 3PLs can do to help attempt to maintain lower prices of transportation.

Price Reduction 102

Price Reduction Cost Reduction Trucking Resource Reduction 102

GlobalTranz

AUGUST 10, 2015

Since third-party logistics providers (3PLs), especially those involved in order fulfillment and shipping processes, have a duty to ensure accuracy and delivery of merchandise, the NMTA®'s decision to reduce the reporting time frame will greatly impact the course of business. >>> Read More about DIM Pricing.

Blog 86

Blog Freight Price Reduction Cost Reduction 86

GlobalTranz

JULY 24, 2015

Of course the government will be promoting the message that it's best to keep jobs within our borders, there's no surprise there. Top firms take risks, and they don’t let price be the sole factor when they make their decisions. Government Weighs In on Supply Chain Management in Manufacturing.

Manufacturing Procurement 114

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

GlobalTranz

AUGUST 24, 2015

However, one of the most important aspects of supply chain strategies is often overlooked: the reverse supply chain (also referred to as reverse logistics ). A reverse logistics strategy provides a path for removing the existing equipment to make way for the next era of equipment in the case of end of life products or new upgrdes.

Price Reduction 97

Price Reduction Resource Reduction Expense Reduction Material Savings 97

GlobalTranz

JULY 20, 2017

Editor's Note: Today's blog is from Red Stag Fulfillment who show us how an Order Fulfillment Solution can help reduce risk. Of course, you probably want your business to thrive. This may cut into some profits, however, as you’re essentially buying a product each time it is sold. It couldn’t be simpler.

Procurement Solutions 49

Procurement Solutions Purchasing Skills Price Reduction Inventory Reduction 49

GlobalTranz

MAY 24, 2018

The Guide to Reduce Parcel Shipping Costs thru Effective Transportation Management Practices. Keeping Parcel Shipping and Handling Costs in Check Increases the Strength of Your Brand Of course, shippers have another alternative, simply pass along the shipping cost to the customer, explains Rob Martinez of MultiChannel Merchant.

Cost Reduction 48

Cost Reduction Handling Expense Reduction Inventory Reduction 48

GlobalTranz

MARCH 13, 2015

There are, of course, tactical metrics for accounting functions like viewing open and paid invoices or the ability to identify when shipments are due, but also must include strategic metrics and reports for more in-depth analysis. Every aspect of your shipping will be displayed for you to develop new strategies from.

Logistics Network Optimization Software 95

Logistics Network Optimization Software Transportation Cost Reduction Price Reduction 95

GlobalTranz

FEBRUARY 28, 2017

Reduced capacity and increased demand will also weigh heavily on the industry, but the biggest impact will be felt in fall 2017, following the ELD mandate. Dynamic Pricing Will Become Commonplace. Robotics, virtual reality and automated picking and packaging processes will reduce labor and transportation costs for the industry.

Trends 68

Trends Freight Cost Reduction Supply Chain Software 68

GlobalTranz

NOVEMBER 25, 2015

To pull off logistics effectively, it takes a lot of expert planning, assembling the right mix of people, communication, working together, and of course, if something goes wrong, contingency planning. 30 and will pay the lowest Thanksgiving price for fuel in five years. Like Thanksgiving, Logistics is no simple undertaking.

Price Reduction 51

Price Reduction Resource Reduction Vendor Strategies Waste Reduction 51

GlobalTranz

AUGUST 21, 2015

Throughout the course of business, demand for items will contract and grow, and your business needs to be able to process customer orders. Over the course of time, an LTL carrier will increase rates to their consumers. Reduced Charges For Sporadic Shipments. Discounted Rates at General Rate Increases.

Negotiating Skills 94

Negotiating Skills Purchasing Skills Material Savings Manufacturing Procurement 94

GlobalTranz

MAY 31, 2018

Challenges such as increasing fuel prices, pressure on volumes and the low-profit margins of the sector are rampant. Only those people who have duly completed the advanced traffic management course or its equivalent should write it. It is essential in organizing activities in the transportation industry effectively and efficiently.

Tips 65

Tips Transportation Outbound Vendor Strategies 65

GlobalTranz

APRIL 12, 2017

This includes accounting for variances in freight classification and cost due to increasing use of dimensional (DIM) pricing models. In addition, a web-based guide eliminates all printing and mailing costs associated with it, and creating non-disclosure agreements via a secure web-browser are relatively easy in today’s world.

Vendor Strategies 48

Vendor Strategies Inbound Cost Reduction Price Reduction 48

GlobalTranz

DECEMBER 9, 2014

Usually you can correlate price with quality. So, for example, a company like jackswinches.com will let you hire out a winch for a reasonable price. You’ll still need to get a few accessories with your rental, of course. Everyone is out there looking for a good deal, and some manufacturers are going to capitalise on that fact.

Industry 91

Industry Manufacturing Procurement Waste Reduction Purchasing Skills 91

GlobalTranz

MAY 4, 2016

Nearly every company offers some sort of discounted shipping plan for large purchase orders, and more customers are demanding faster delivery at a reduced rate. Although fuel costs have dwindled over the last year, history indicates the prices will return to high levels. Most industry experts rate the cost of logistics as very costly.

Sourcing Strategies 60

Sourcing Strategies Freight Procurement Analytics Cost Reduction 60

GlobalTranz

JUNE 17, 2016

Reclassification of freight , regardless of if dimensional pricing models are being used or not, could easily cost more than the original cost that would have been incurred by providing accurate shipping information for an appropriate carrier. This will eliminate the need for retraining and encourage honesty across the industry.

Negotiating Skills 54

Negotiating Skills Freight Cost Reduction Price Reduction 54

Logistics Business Magazine

SEPTEMBER 29, 2021

The intralogistics and energy experts of the Hamburg-based intralogistics provider STILL gave a comprehensive overview of the different energy systems during a recent “Energy” webinar and explained the advantages and disadvantages of each system in a clear and hands-on way. Suitability criteria. Fuel cell systems.

Webinar 48

Webinar Optimization Software Presentation Purchasing Skills 48

GlobalTranz

FEBRUARY 12, 2018

What factors drive the demand, supply, and pricing for the products your organization develops? Online courses can help you get additional knowledge. All industries are changing, and all of them are being affected by shifts in economy. How can you manage the production process effectively when you have that data?

Supply Chain Planning Software 70

Supply Chain Planning Software Supply Chain Software Negotiating Skills Supply Chains 70

Blue Grace Logistics

SEPTEMBER 20, 2018

with one or two trucks, so they wanted to adjust the playing field in this market space and be price competitive.” . Long Haul (over 800 miles) The long haul runs are also affected by the ELD mandate, of course, but many carriers operating these runs were already in compliance. .

Capacity 48

Capacity Negotiating Skills Optimal Sourcing Vendor Strategies 48

GlobalTranz

SEPTEMBER 26, 2017

Consumers expect nothing less than perfect order fulfillment : the right products delivered to the right place, right now, in perfect condition, at the lowest price. No one is perfect, so of course, no business is perfect, and it naturally follows that no supply chain is perfect. Mistakes Will Happen. Have a Plan.

Supply Chain Planning Software 71

Supply Chain Planning Software Supply Chains Scenario Planning Cost Reduction 71

GlobalTranz

JUNE 21, 2018

To further complicate the process of freight scheduling, shippers must decide which LTL carrier to use, whether to purchase cargo insurance, consider the implications of shipping a package via parcel or small package considering advancing dimensional pricing models, and what exact type of full truckload would be necessary when consolidated.

How To 48

How To Modeling Software Logistics Network Optimization Software Purchasing Skills 48

GlobalTranz

DECEMBER 15, 2015

Simplifies data entry and the elimination of many manual steps: Logistics automation features such as integration to your commodities via your ERP system and access to your address book, as well as automatic storage and entry of fuel surcharges and accessorials, will have you never again worrying about keying in the wrong information.

Freight 50

Freight Cost Reduction Expense Reduction Price Reduction 50

GlobalTranz

APRIL 4, 2016

Therefore, some companies offer drastically low shipping rates, and products are competitively priced. Of course, there are other factors affecting the American push towards reshoring and nearshoring. Overseas supply chains reduce U.S. However, the American attitude towards the value of a product is changing.

Manufacturing Procurement 53

Manufacturing Procurement Cost Reduction Price Reduction Inventory Reduction 53

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. Holiday shipping prices for 2014 are pretty similar to what they were last year, only a bit higher. Truckload Holiday Shipping.

Cost Reduction 86

Cost Reduction Price Reduction Vendor Strategies Resource Reduction 86

GlobalTranz

DECEMBER 9, 2015

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. Holiday shipping prices for 2014 are pretty similar to what they were last year, only a bit higher. Truckload Holiday Shipping.

Cost Reduction 48

Cost Reduction Price Reduction Vendor Strategies Resource Reduction 48

Blue Grace Logistics

AUGUST 16, 2018

Murabito goes on to say that they’ve been seeing somewhere between a 10 to 20 percent increase from all of their suppliers over this course of this year to help cover the higher freight costs. . The industry is struggling to get good, qualified drivers. “It These are suppliers who haven’t had increases in three or four years.

Food and Agriculture 48

Food and Agriculture Cost Reduction Supply Chain Software Supply Chains 48

Logistics Bureau

JULY 25, 2022

Rapidly rising fuel prices will bring about even more widespread supply chain disruption. When the price of oil skyrockets, so does the cost of producing everything, leaving no industry unaffected. The anti-COVID measures increased demand for ecommerce, but they also triggered a seismic shift in supply chain strategy.

Supply Chain Design Software 104

Supply Chain Design Software Supply Chain Design Supply Chains Scenario Planning 104

Blue Grace Logistics

JULY 24, 2018

Of course, every business owner wants their operations running as tightly and efficiently as possible, but the footwork required to determine how to optimize your business’s operations and see tangible results is often easier said than done. . Blanket rate pricing main type associated with the LTL market.

Optimal Sourcing 48

Optimal Sourcing Negotiating Skills Cost Reduction Supply Chain Design Software 48

GlobalTranz

JUNE 5, 2018

The wrong strategy or blend of transportation modes will result in losses, and since consumers only see product costs through Amazonian eyes, increasing product price points and shipping charges is unacceptable. Of course, working with a third-party logistics provider is another excellent way to tap into the value of full truckload.

Expense Reduction 60

Expense Reduction Cost Reduction Price Reduction How To 60