Logistics Viewpoints

DECEMBER 8, 2022

Billions of venture capital dollars of investment are being poured into companies that can integrate real-time visibility data with transportation to provide a more informed ETA for shippers and carriers. and FourKites are building a data platform that aims to predict shipping delays and prescribe alternative plans for their customers.

Supply Chain Planning Software 112

Supply Chain Planning Software Transportation Modeling Software Logistics Network Optimization Software 112

GlobalTranz

NOVEMBER 29, 2016

Editor's Note: Today's blog is the second part of Chuck Intrieri's series on how procurement and suppliers can avoid issues with their contracts. Procurement and suppliers often assume that small print is highly complicated legal jargon that is both boring and largely irrelevant.

Procurement Analytics 84

Procurement Analytics Manufacturing Procurement Procurement Document 84

GlobalTranz

FEBRUARY 6, 2017

Amazon’s purchase of Kiva Robots changed the landscape of robotics in the supply chain. Technology Will Reshape Procurement Practices. Better procurement practices translate into better overall sales, but the role of procurement in driving sales’ statistics will change throughout 2017. Robotics Will Grow More Versatile.

Supply Chain Planning Software 73

Supply Chain Planning Software Procurement Analytics Supply Chain Software Manufacturing Procurement 73

GlobalTranz

MAY 2, 2017

Meanwhile, failure to notify consumers about out-of-stock items during purchase could result in the permanent loss of a customer. For example, consumers can purchase products online from one Walmart store and pick them up at a different location within a day or two. Real-Time Inventory Management Can Benefit From Automation.

Inventory Reduction 48

Inventory Reduction Inventory Procurement Analytics Vendor Strategies 48

Blue Grace Logistics

JULY 21, 2020

It’s about understanding why key stakeholders which should include, vendors, purchasing, customer service, sales, are making the decisions that they do and how those decisions affect your supply chain. The data and analytics gathered during the measure phase is instrumental to a proper understanding of your operations.

Optimal Sourcing 62

Optimal Sourcing Supply Chain Planning Software Cost Reduction Supply Chain Software 62

GlobalTranz

MAY 25, 2018

Although not subject to the risk of cybersecurity, the costs of manual processes and systems management can be up to 31-times greater than those of digital systems, reports informIT. As the storage space of data has fallen, warehouse managers ’ rationale for avoiding IoT technologies has become even more archaic.

Inventory Reduction 50

Inventory Reduction Supply Chain Planning Software Inventory Supply Chain Software 50

GlobalTranz

AUGUST 18, 2015

Companies based on assets have had years of experience in purchasing trucks and managing warehouse inventories. What Data Analytics and Business Process Strategy Services Are Offered? Shippers report capacity as their top concern for selecting a 3PL service provider, specifically 65 percent of surveyed shippers.

Logistics Network Optimization Software 96

Logistics Network Optimization Software Procurement Analytics Inventory Reduction Supply Chain Software 96

GlobalTranz

FEBRUARY 13, 2017

According to PLS Logistics , global companies will install procurement managers in China for entire organizations by 2025. There was a time when buying a computer was considered a once-in-a-decade purchase, if not once-in-a-lifetime. Globalization Will Become More Important in Everyday Decisions.

Resource Reduction 82

Resource Reduction Trends Inventory Reduction Material Savings 82

GlobalTranz

SEPTEMBER 8, 2015

Data Capture. Shipping freight inherently comes with a large amount data. Each data entry is an opportunity for data capture and analysis. Additionally, ensuring a superior data capture capability allows clients to become more confident in tracking and visibility in shipping. Knowledge of the Carrier's Business.

Cost Reduction 93

Cost Reduction Expense Reduction Supply Chain Planning Software Optimization Software 93

GlobalTranz

AUGUST 18, 2016

New distribution channels are directly impacting the amount of data in both online and brick-and-mortar stores. In other words, distribution technology like POS systems are providing data in real time to suppliers and distributors. For example, a shipper’s sales team can work with other businesses in a B2B setting.

Supply Chain Planning Software 60

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

Blue Grace Logistics

AUGUST 14, 2018

In order to gain a better understanding of the breakdown of your company’s bottom line, it is crucial to know what the unit cost of inbound shipments is from vendor-to-vendor. In our recent webinar, Landed Cost & Vendor Compliance , we posed some prudent questions for companies to review with their operations teams, listed below.

Purchasing Skills 48

Purchasing Skills Compliance Optimal Sourcing Supply Chain Planning Software 48

GlobalTranz

JULY 14, 2015

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. For example, a subtle change in hydraulic pressure may still permit the machine to operate. Automated Data Transfers.

Supply Chain Software 103

Supply Chain Software Supply Chains Manufacturing Procurement Scenario Planning 103

GlobalTranz

FEBRUARY 14, 2017

Automation and robotics are leading the charge, and the Industrial Internet of Things (IIoT) is adding to the mountain of data being collected and analyzed for insights and better operations. Logistics Tech Will Become Data-Driven. But, modern logistics is data-driven , and this concept will become essential to success in 2017.

Logistics Network Optimization Software 51

Logistics Network Optimization Software Trends Price Reduction Modeling Software 51

GlobalTranz

MAY 1, 2018

Since this trend isn’t likely to change anytime soon, shippers who can contain the cost of shipping by maximizing efficiency and optimization throughout their shipping network will be on firm ground heading into the future. Data-driven analytics enables you to make cost-effective transportation decisions. But no longer.

Procurement Analytics 61

Procurement Analytics Optimal Sourcing Data Sourcing Strategies 61

GlobalTranz

FEBRUARY 25, 2016

For example, some people are offering to pay up to $10 for old, discarded car batteries. In the Netflix example, the probability is attained through a comparison of the cost of purchasing multiple DVDs to the cost of streaming video through the internet as part of a Netflix subscription.

Supply Chain Software 69

Supply Chain Software Supply Chains Manufacturing Procurement Resource Reduction 69

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.”

Supply Chain Planning Software 115

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

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. and a remittance is $12.96.

Supply Chain Software 93

Supply Chain Software Sourcing Strategies Expense Reduction Cost Reduction 93

GlobalTranz

MARCH 30, 2016

For example, value-added service may include perks when shipping a large quantity of products on a recurring basis. In other words, 4PLs enable an organization to work smarter, more efficiently, all the while without the increased cost of purchasing such services from another consultant. Cost-Savings and Future Planning.

Collaboration 54

Collaboration Logistics Network Optimization Software Purchasing Skills Buyer Training 54

GlobalTranz

NOVEMBER 10, 2015

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. However, costs can be further reduced through the use of a warehouse management system (WMS).

Supply Chain Planning Software 90

Supply Chain Planning Software Optimization Software Inventory Reduction Cost Reduction 90

GlobalTranz

APRIL 5, 2016

Predictive analytics , which identify the intrinsic inefficiencies in simple processes that did not warrant in-depth review in response to the Great Recession. For example, the Cerasis Rater enables rapid reporting, tracking of KPIs, and review of asset-allocation quickly and easily. They get lost or misplaced.

Negotiating Skills 55

Negotiating Skills Logistics Network Optimization Software 3PL Purchasing Skills 55

GlobalTranz

MAY 9, 2018

Define Shipment Influencing Factors and Needs To make an informed, cost-effective decision, shippers must evaluate the unique needs of the parcel and the options available for each carrier. Weight limits , including the maximum, minimum and most common package weights for the item type.

Cost Reduction 49

Cost Reduction Purchasing Skills Logistics Network Optimization Software Price Reduction 49

GlobalTranz

FEBRUARY 27, 2015

After all, actual users are best-positioned to provide an unbiased report on how ERP features can be harnessed for real-world competitive advantages. Running our pricing accurately was a huge problem… it is fairly easy now, and further use of reporting features will help with this. More accessible data. That’s tougher.

Manufacturing Procurement 110

Manufacturing Procurement ERP Logistics Network Optimization Software Procurement Solutions 110

GlobalTranz

MAY 26, 2017

According to a recent study, reports Material Handling and Logistics , only 3 percent of respondents believe their existing technology supports an improved customer-focused logistics experience. In fact, the only way to bring costs down beyond traditional capabilities lies in devising a strategy-based approach to customer service.

Cost Reduction 66

Cost Reduction Expense Reduction Material Savings Logistics Network Optimization Software 66

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. For example, Cerasis offers the following freight management and value-added services in conjunction with the Cerasis Rater. Freight claims management services.

How To 48

How To Modeling Software Logistics Network Optimization Software Purchasing Skills 48

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

GlobalTranz

APRIL 6, 2016

Yet, more consumers are getting online and finding their purchases around the globe. One of the greatest drawbacks to a traditional transportation management system revolves around where data is stored, analyze, and applied. For example, at Cerasis we have a report called the "Least Cost Compliance" report.

Supply Chain Design Software 50

Supply Chain Design Software Supply Chain Planning Software Modeling Software Transportation 50

GlobalTranz

FEBRUARY 25, 2015

Chips attached to individual items will transmit data such as identification, location, temperature, pressure, and humidity. Not only that, they will also be able to transmit traffic conditions and drive-specific data, such as average speed and driving patterns back to the central office.

Manufacturing Procurement 107

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

GlobalTranz

APRIL 13, 2016

To improve this connectivity, the use of radio frequency identification (RFID), automatic identification and data capture (AIDC) , and Internet of Things (IoT) come into play. Consumers purchase products and customers pay for shipping. Driving Forces Behind Adoption of RFID-, AIDC-, and IoT-Based Technologies. Competition.

RFID 58

RFID Logistics Network Optimization Software Supply Chain Software Manufacturing Procurement 58

GlobalTranz

AUGUST 3, 2017

Up to 50 percent of shippers opt to work with an outside vendor for parcel shipment auditing, reports Parcel Magazine. Gain Control Small Package Process Through Metrics, KPIs and Enhanced 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 7, 2016

percent from 2010 to 2011, and predictions estimate that business-to-business (B2B) sales resulting from e-commerce will make up the majority of sales by 2020, reports Four51. Meanwhile, the majority of purchasers research potential products online before making a decision to buy. Big data is another issue entirely.

Manufacturing Procurement 87

Manufacturing Procurement Modeling Software Logistics Network Optimization Software Price Reduction 87

GlobalTranz

DECEMBER 30, 2014

Just as in the following five examples that reveal interesting data related to the trucking industry. Transportation Metrics That Matter Most to Track and Improve Performance : How do you measure logistics efficiency and transportation metrics performance indicators when you are already doing the best job possible?

Blog 92

Blog Supply Chain Planning Software Expense Reduction Modeling Software 92

GlobalTranz

JULY 7, 2017

Very effective programs show themselves in which a large number of situational models are included. That is, business games and examples, similar to the real problematic situations, solutions of which are involved in logistics. As practice shows, familiarization training in logistics is very effective in the corporate mode.

Optimal Sourcing 25

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

GlobalTranz

FEBRUARY 19, 2016

As time passed, procurement gradually gained a larger role in the scope of manufacturing and order fulfillment. By the mid-1950s , procurement had become a commonplace aspect of minor business, and procurement was almost comparable to secretarial work. Why Is Technology Driving Procurement Trends and the Role of Procurement?

Manufacturing Procurement 56

Manufacturing Procurement Optimal Sourcing Procurement Analytics Procurement Solutions 56

GlobalTranz

JANUARY 5, 2016

When a business, or other organization, purchases equipment, parts, or remanufactured equipment it is an investment. While the data has proven the security of the cloud—there are still substantial concerns about the security of data there. Increased velocity. Increased service market share.

Supply Chain Planning Software 64

Supply Chain Planning Software Supply Chain Software Supply Chains Trends 64