GlobalTranz

NOVEMBER 10, 2015

Transportation costs make up 60 percent of overall logistics expenses for all shippers and 3PLs. However, costs can be further reduced through the use of a warehouse management system (WMS). A WMS improve worker productivity by enhancing training procedures, reducing human-errors, and eliminating lengthy, manual inventories of product.

Supply Chain Planning Software 90

Supply Chain Planning Software Optimization Software Inventory Reduction Cost Reduction 90

GlobalTranz

SEPTEMBER 22, 2016

Meanwhile, this large volume of expenses is directly related to 80 percent or a company’s working capital via inventory and accounts payable. The age of technology has the potential to dramatically reduce inefficiencies in the supply chain. So, why do supply chain managers not take advantage of this data with respect to procurement?

Manufacturing Procurement 108

Manufacturing Procurement Procurement Analytics Procurement Solutions Optimal Sourcing 108

GlobalTranz

JULY 14, 2015

In some cases, human intervention and input will be completely eliminated. At its core, the IoT serves as a way of gathering data and information about a process, but applications of the IoT can detect potential problems within a machine before the machine falters. Automated Data Transfers.

Supply Chain Software 103

Supply Chain Software Supply Chains Manufacturing Procurement Scenario Planning 103

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.

Supply Chain Planning Software 100

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

GlobalTranz

MARCH 14, 2016

Essentially, this eliminates the need to build complex prototypes to review designs, hastening the design-to-finished product time frame. Additionally, the cost of creating a virtual environment has grown cheaper as technologies and electronics have become less expensive. Integration. Quality Assurance and Risk Management.

Supply Chain Design Software 66

Supply Chain Design Software Supply Chain Planning Software Modeling Software Cost Reduction 66

GlobalTranz

OCTOBER 17, 2017

That saying is the cornerstone to understanding why white glove services & last mile deliveries are proverbial gold in logistics strategies. Implementing white glove services & last mile logistics strategies requires back-end technology. White Glove Services & Last Mile Deliveries Are Good-As-Gold. Everyone loves a freebie.”

Logistics Network Optimization Software 60

Logistics Network Optimization Software Cost Reduction Expense Reduction Price Reduction 60

GlobalTranz

DECEMBER 17, 2014

Today we pick up our series on all things Electronic Data Interchange or EDI by busting the common myths around implementing an EDI Integration program. The truth is, many myths have circulated throughout the business world, and electronic data interchange is the focus of quite a few of these myths. Myth: It’s Too Expensive.

Supply Chain Software 93

Supply Chain Software Sourcing Strategies Expense Reduction Cost Reduction 93

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. In recent years, the amount of data available to most companies has exploded. Data warehousing costs rise.

Manufacturing Procurement 105

Manufacturing Procurement Optimal Sourcing Expense Reduction Cost Reduction 105

GlobalTranz

MARCH 13, 2015

Have Easy to Analyze Actionable Insight Gleaned from the Data Created in the Transportation Management System. With this freight data, you are able to see how changes in you shipping patterns can affect your overall cost. You can use a TMS solution to get an accurate report on freight data, costs, speeds, and much more.

Logistics Network Optimization Software 95

Logistics Network Optimization Software Transportation Cost Reduction Price Reduction 95

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

AUGUST 4, 2015

They should offer controlled and accurate data that is presented in a manner that speaks specifically to your organization's objectives and initiatives, producing KPIs specific to departments responsible for their consideration. What matters is whether the total cash spent on manufacturing was more or less than it was in the previous period.

Manufacturing Procurement 99

Manufacturing Procurement Procurement Analytics Optimization Software Optimization 99

GlobalTranz

DECEMBER 5, 2014

There is a strong relationship between mismanaged supply chains and transportation and loss of profits, as an effectively structured supply chain will reduce business operation expenses. For example, shipments changed from a Class 70 to a Class 150 could incur an additional fee. A Brief on Freight Classification.

Freight 97

Freight Negotiating Skills Expense Reduction Cost Reduction 97

SYSPRO Smarter ERP

FEBRUARY 22, 2024

An ERP system that incorporates a cutting-edge warehouse management system (WMS) can help you optimize processes, streamline workflows and decrease errors. Using alphanumeric logic can help you optimize simple picking strategies without having to implement a full-blown warehouse solution or warehouse mapping solution.

Manufacturing Procurement 116

Manufacturing Procurement Inventory Reduction Expense Reduction Waste Reduction 116

GlobalTranz

DECEMBER 15, 2015

However, a lot of smaller shippers believe that an implementation of a TMS is expensive. Availability of data and analytics: With reports generated from your TMS, you can better gain insight into your LTL freight shipping activity and business outcomes. That is a myth.

Freight 50

Freight Cost Reduction Expense Reduction Price Reduction 50

GlobalTranz

JUNE 21, 2018

Let’s take a closer look at the problem with trying to manage over the road (OTR) modes through traditional, manual data entry and freight scheduling versus using a TMS. Now, imagine the back-office expenses associated with managing freight in-house. Freight claims management services. Carrier relations. Inbound freight management.

How To 48

How To Modeling Software Logistics Network Optimization Software Purchasing Skills 48

GlobalTranz

DECEMBER 29, 2015

In fact, we will release next week our first e-book of 2016 (of a monthly series of e-books) which will highlight several areas for shippers to focus on in order to create an effective transportation and logistics management strategy. . Above average increases in freight costs could indicate your expenses are cutting into your bottom line.

Article 55

Article Transportation Cost Reduction Supply Chain Software 55

GlobalTranz

NOVEMBER 17, 2016

Supply chain leaders are enthralled with the idea of using big data, but they tend to fail to understand how to disseminate big data in their organization properly. True, they may know how to roll out big data in a single warehouse, or they may have heard their competitors used branded systems for implementing this new technology.

Supply Chain Design Software 115

Supply Chain Design Software Supply Chain Software Procurement Solutions Supply Chain Design 115

SYSPRO Smarter ERP

JULY 28, 2022

Consider the cost of supplies such as printers, photocopiers, fax machines, toner cartridges (why are these so expensive?), Reduced efficiency. Cut down on costs. Switching from physical document storage to a digital DMS can seriously reduce costs for printers, ink, postage and extra person hours.

Manufacturing Procurement 111

Manufacturing Procurement Document Distribution Waste Reduction 111

GlobalTranz

MAY 1, 2018

Data-driven analytics enables you to make cost-effective transportation decisions. However for most shippers, parcel spend is poorly understood because shipping data is often locked up in point solution silos, such as carrier-provided systems and websites, in a variety of different formats. But no longer.

Procurement Analytics 61

Procurement Analytics Optimal Sourcing Data Sourcing Strategies 61

Blue Grace Logistics

NOVEMBER 10, 2023

Expedited Freight Questions Answered Show Submenu Resources The Logistics Blog® Newsroom Whitepaper Case Study Webinars Indexes Search Search BlueGrace Logistics - November 10, 2023 Whether your organization uses expedited freight shipping every day or occasionally, it pays to understand how to use these services as effectively as possible.

Logistics Network Optimization Software 91

Logistics Network Optimization Software Freight Supply Chain Planning Software Inventory Reduction 91

GlobalTranz

MAY 2, 2016

At the same time, machines-to-machine connectivity through the Internet of Things (IoT platform) is increasing the value of data companies have to analyze. percent inventory accuracy, a 30-percent reduction in labor costs, and a 30-percent reduction in the time of order processing asserts Supply Chain 24/7.

Logistics Network Optimization Software 59

Logistics Network Optimization Software Resource Reduction Cost Reduction Expense Reduction 59

GlobalTranz

SEPTEMBER 15, 2015

However, technology provides a means for mass data capture of thousands of variables in real-time. For example, key performance indicators may show live temperatures of climate-controlled LTL shipments, the current routes being used, and when a truck will arrive at a given distribution center.

Supply Chain Planning Software 93

Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software Expense Reduction 93

Talking Logistics

JULY 30, 2018

This eliminates intermediaries and potential trust issues.”. Jason added, “At its core, blockchain is just a way to record transactions of value or a transfer of assets in a way that you have consensus across multiple parties and they trust that the data hasn’t been altered and only permissioned individuals can see it. Getting Started.

Logistics Network Optimization Software 62

Logistics Network Optimization Software Supply Chain Software Logistics Supply Chains 62

GlobalTranz

AUGUST 3, 2017

Parcel auditing gives shippers control over small package processes by putting relevant data together to define metrics, key performance indicators (KPIs) and advanced accounting features. In other words, the auditing process becomes data-based, letting shippers focus on shipping, not auditing.

Logistics Network Optimization Software 54

Logistics Network Optimization Software Optimization Software Procurement Solutions Vendor Strategies 54

GlobalTranz

DECEMBER 30, 2014

Just as in the following five examples that reveal interesting data related to the trucking industry. Talk to any over-the-road shipper that finds itself increasingly handcuffed by institutionalized transportation and fuel-related costs and it would likely tell you the “best job possible” doesn’t cut it anymore.

Blog 92

Blog Supply Chain Planning Software Expense Reduction Modeling Software 92

GlobalTranz

FEBRUARY 1, 2016

For example, a consumer orders a product online, and the billing information is transmitted to the manufacturer. Unfortunately, each of these instances represents an added expense to the company. For example, a policy that’s viewed as unreasonable or probably not likely to occur may be avoided.

Manufacturing Procurement 53

Manufacturing Procurement Security Cost Reduction Expense Reduction 53

GlobalTranz

FEBRUARY 22, 2016

Today's consumers want a customized product without any rationale for delays or expense. Consumers know competition helps to keep businesses on their toes, such as reducing costs and improving the quality of a product. Now, this example does not apply to what must supply chain entities think of as competitors.

Supply Chain Design Software 55

Supply Chain Design Software Supply Chain Software Collaboration Supply Chain Design 55

GlobalTranz

JULY 7, 2017

That is, business games and examples, similar to the real problematic situations, solutions of which are involved in logistics. Apart from newly emerging cloud based logistics , further, several examples of effective and useful topics for the development of logistics skills and planning would be highlighted.

Optimal Sourcing 25

Optimal Sourcing Supply Chain Planning Software Optimization Software Logistics Network Optimization Software 25

247 Customs Broker

APRIL 17, 2018

Meeting of the Minds talked with Dr. Alison Conway on the subject of tomorrow’s webinar, “ Does Online Shopping Create Urban Congestion ?” How are you gathering data to understand how the increased freight traffic impacts residential areas? How are you gathering your data, and what are your initial findings?

Freight 28

Freight Procurement Solutions Supply Chain Planning Software Webinar 28

Freightos

MARCH 27, 2024

In addition to the Houthi threat to Red Sea traffic – which he thinks could persist even after an end to the Israel-Hamas war – he listed tensions in the South China Sea, as well as a general trend toward protectionism at the expense of the type of globalism most have gotten used to as possible threats to global trade’s status quo.

Logistics Network Optimization Software 89

Logistics Network Optimization Software Modeling Software Optimization Software Negotiating Skills 89

Talking Logistics

SEPTEMBER 28, 2018

Adobe, Microsoft and SAP announce the Open Data Initiative to empower a new generation of customer experiences. Back in June, I wrote about how companies are transforming their physical supply chain networks to adequately meet the more demanding challenges of this new market where speed of delivery and inventory reduction are paramount.

Supply Chain Planning Software 60

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