GlobalTranz

NOVEMBER 30, 2021

Track Carrier Performance Data. Capturing carrier data gives you more visibility into your freight spend and enables you to make data-driven decisions that positively impact your business. Routing optimization continuously applies data to validate planned routes against market disruptions. Harvard Business Review ?reports,?“Forty-five

Optimal Sourcing 88

Optimal Sourcing Transportation Supply Chain Software Sourcing Strategies 88

Talking Logistics

JULY 30, 2018

Start Managing Your Inbound Freight More Effectively Today. Big Data in Logistics. Protect Your Bottom Line With a Smart Supply Chain Design Strategy. The Data Needed to Transform Supply Chains. Big Data in Logistics. BASF Video Case Study: The Value of Real-Time Freight Visibility. Hit Back with a TMS.

Optimal Sourcing 60

Optimal Sourcing Negotiating Skills Supply Chain Design Software 4PL 60

GlobalTranz

FEBRUARY 6, 2018

Ethereum shares some common features with Bitcoin, including how it’s mined by computers and codifies unique data that can be used to track everything from transactions to an exchange of goods (more on that below). Everything from dentistry to digital advertising is getting disrupted on the Ethereum blockchain.

Supply Chain Design Software 164

Supply Chain Design Software Supply Chain Software Supply Chain Design Supply Chains 164

IoT World Today

AUGUST 26, 2019

A recent study from BCG reports the problem is especially acute for produce. Team Sherlock is initially focusing on the supply chain for inbound logistics to provide real-time tracking and monitoring. Despite many attempts from a variety of organizations to apply various technologies to cut down on food waste, the problem persists.

Waste Reduction 107

Waste Reduction Waste Logistics Network Optimization Software Modeling Software 107

GlobalTranz

MARCH 7, 2017

has introduced the concept of data exchange withing manufacturing and this opens countless business opportunities, some of them were unimaginable before. By implementing sensors, data of all types can be utilized, making products become even services as well. Industry 4.0

Cost Reduction 74

Cost Reduction After-sales Case Study Presentation 74

GlobalTranz

SEPTEMBER 17, 2015

At Cerasis we work with our shipper customers who procure items every day and have needs for inbound freight management as they secure those products from their vendors. Enter The Future of Procurement , an Oxford Economics study. Come 2015, it was time to take that vision and make some quantitative observations.

Optimal Sourcing 96

Optimal Sourcing Procurement Sourcing Strategies Vendor Strategies 96

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

Logistics Viewpoints

FEBRUARY 8, 2022

For most companies, margins only declined further in 2021, as product shortages and transportation roadblocks forced all supply chain participants to make critical decisions on the fly, acting without complete information or hard data. The study projects a risk-adjusted $31.2

Optimal Sourcing 112

Optimal Sourcing Logistics Network Optimization Software Supply Chain Planning Software Optimization Software 112

IoT World Today

JANUARY 15, 2019

Once connected, the device reads data from a wide number of vehicle sensors including engine speed sensors, oxygen sensors, voltage sensors to name just a few. Depending on the device, it transmits various types of data about how the vehicle operates and whether it faces any engine-related problem. Streamline Delivery Management.

Optimization Software 72

Optimization Software Logistics Network Optimization Software Price Reduction Expense Reduction 72

GlobalTranz

MAY 8, 2015

One that is integrated with TMS offers more value for customers and better leverage when negotiating contracts with additional features providing the latest data. Make sure that the data is reliable and as real-time as feasible. TMS can provide supportive real-time data. The Basic Functionality of a Freight Rating System.

Supply Chain Planning Software 90

Supply Chain Planning Software Optimization Software Negotiating Skills Logistics Network Optimization Software 90

GlobalTranz

JUNE 16, 2015

In fact, the annual ChainLink Research Study found innovation to be the top focus for those involved in the manufacturing community. Furthermore, the number of consumers who want to ensure their data is safe has grown exponentially in recent years, especially considering the massive data breaches at Target and Home Depot.

Manufacturing Procurement 101

Manufacturing Procurement Purchasing Skills Price Reduction Supply Chain Design Software 101

Blue Grace Logistics

OCTOBER 9, 2023

Cassidy | JOC.com September 25, 2023 US shippers uncertain about sales and order volumes this holiday season are likely to increase less-than-truckload (LTL) shipments despite lower truckload rates, data from an industry survey suggests. Seasonally adjusted data for merchant wholesalers showed a 1.39 31 earnings call. a year ago.

Inventory Reduction 62

Inventory Reduction Price Reduction Resource Reduction Cost Reduction 62

GlobalTranz

AUGUST 4, 2015

We will include the "Five Golden Metrics" from Bill Waddell, a lean manufacturing consultant as well as LNS's infographic from a study they conducted. Total cycle time is calculated by studying major purchased components and determining the total days on hand of each one. Total Cycle Time.

Manufacturing Procurement 99

Manufacturing Procurement Procurement Analytics Optimization Software Optimization 99

GlobalTranz

JANUARY 23, 2015

Operations Research began when scientists demonstrated the value of analytics in the study of military logistics problems in the 1940s as a result of the complex requirements of World War II. The result of this change to ERP systems was a tremendous improvement in data availability and accuracy.

Supply Chain Planning Software 134

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 134

GlobalTranz

APRIL 6, 2015

Many studies state that those who can manage the functions with the supply chain, they have a competitive advantage. Data coming from different sensors located at different suppliers from their production and transportation operations, carry a lot of information regarding the quality of production process and timeliness of delivery.

Optimal Sourcing 118

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Manufacturing Procurement 118

GlobalTranz

SEPTEMBER 30, 2016

In the context of start-ups, there are some serious and significant problems: the company should solve all the scheduling, procurement, transportation, storage, delivery and return problems, but the startup has no data to predict future demands, and it is limited in resources, financial and human power. Understand this!

Logistics Network Optimization Software 93

Logistics Network Optimization Software Resource Reduction Logistics Blog 93

GlobalTranz

DECEMBER 12, 2014

According to a research study from Forrester, EDI continues to prove its worth as an electronic message data format. Errors due to illegible faxes, lost orders or incorrectly taken phone orders are eliminated, saving your staff valuable time from handling data disputes with carriers. for an order processed using EDI.

Cost Reduction 98

Cost Reduction Waste Reduction Expense Reduction Inventory Reduction 98

GlobalTranz

JANUARY 22, 2016

Data collection, analysis, and appropriation will be defining factors for manufacturers this year. The Industrial Revolution gave birth to the concept of statistical quality reporting, the ultimate precursor to all data processing and analysis aspects in business. More Data Is Becoming Available Every Second.

Modeling Software 59

Modeling Software Waste Reduction Resource Reduction Material Savings 59

GlobalTranz

MARCH 30, 2016

As explained by Joseph O’Reilly of Inbound Logistics , value-added services are actually also known as fourth-party logistics providers or 4PLs. In a sense, collaboration gives rise to greater data-capture points, aggregation, analysis, and change within an organization. Chart from Capgemini 2014 3PL Study.

Collaboration 54

Collaboration Logistics Network Optimization Software Purchasing Skills Buyer Training 54

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

Supply Chain Software 103

Supply Chain Software Supply Chains Manufacturing Procurement Scenario Planning 103

GlobalTranz

FEBRUARY 16, 2015

In fact, recent studies have shown that only about 35 percent of shippers are using TMS to manage their operations. A transport management system helps coordinate all the data points in a transportation network. The popularity of the use of transport management system (TMS) has been growing steadily in the last few years.

Expense Reduction 91

Expense Reduction Cost Reduction Transportation Negotiating Skills 91

GlobalTranz

SEPTEMBER 16, 2015

Current manufacturing training and development best practices often integrate competency models, blended learning, and a data-driven approach. The study found that effective use of profiles and competencies provides a common language to describe talent throughout the organization.

White Paper 103

White Paper Modeling Software Buyer Training Training 103

GlobalTranz

MARCH 3, 2015

The new technologies that are most likely to change the face of 3PL include mobile apps, cloud computing, Big Data, internet of things (IoT), 3D printing, driverless vehicle, drone delivery and augmented reality. Cloud-based technology is making fast inroads into business, heralding the new age of Big Data.

Logistics Network Optimization Software 103

Logistics Network Optimization Software Cost Reduction Supply Chain Software Resource Reduction 103

GlobalTranz

JUNE 24, 2015

To reiterate that reshoring is more than just hype and a very important topic for us to consider the Boston Consulting Group (BCG) study found that 54% of companies with above one billion in revenues are now considering reshoring. Location of factories is fundamental strategy. And, the labor force was 35% smaller in those days.

Manufacturing Procurement 97

Manufacturing Procurement Supply Chain Planning Software Cost Reduction Sourcing Strategies 97

GlobalTranz

SEPTEMBER 23, 2015

Thanks to data gathering programs, supply chain software , and data entry applications, this represents a mountain of data, which has the potential to provide ground-breaking insight into how to improve business-model efficiency. What Is Supply Chain Big Data? How Does Big Data Improve a Supply Chain?

Supply Chain Design Software 108

Supply Chain Design Software Supply Chain Software Supply Chain Design Procurement Analytics 108

The Logistics Academy

FEBRUARY 13, 2017

Another trend is learning how to deal with the avalanche of data that supply chain managers have at their fingertips. Data from barcodes, RFID tags, GPS systems, and the Internet of Things (IoT) mean that managers not only have to be good analysts, but they also have to be good at understanding the supply chain system instinctually.

Supply Chain Design Software 40

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 40

Blue Grace Logistics

NOVEMBER 1, 2018

When a production line is shut down due to missing an inbound shipment, that could result in a loss of tens of thousands of dollars in both production time and man hours, not to mention shaving down precious lead time which can never be truly made up. Fluctuations and supply chain disruptions can cost a company dearly. Contact us at 800.MYSHIPPING

Supply Chain Planning Software 48

Supply Chain Planning Software Supply Chain Software Supply Chains Cost Reduction 48

Logistics Viewpoints

MARCH 13, 2023

Until talking to Antonio Tramontano, the senior director of digital strategy in R&D clinical supply at Novartis, I had not realized how critical this supply chain was to pharmaceutical companies. The most recent study estimated that the median cost of getting a new drug to market was $985 million, and the average cost was $1.3

Supply Chain Planning Software 115

Supply Chain Planning Software Supply Chain Software Supply Chains Scenario Planning 115

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

SEPTEMBER 26, 2017

Who collects the data to inform the supply chain? A Gartner/AMR study shows that retailers typically pay anywhere between $585 and $1,000 per vendor in supply management costs. If you find an effective method for picking up the pace of the supply chain, by all means, use it. But don’t try to do everything at once. .

Supply Chain Planning Software 71

Supply Chain Planning Software Supply Chains Scenario Planning Cost Reduction 71

GlobalTranz

APRIL 6, 2016

Regardless of what studies say, shippers do not want to actually outsource all properties and operation to third-party providers, often called managed transportation. One of the greatest drawbacks to a traditional transportation management system revolves around where data is stored, analyze, and applied. percent increase in profits.

Supply Chain Design Software 50

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

Automotive Logistics

APRIL 3, 2018

What is crucial right now for the European region is that we are launching a new vehicle from Ghent and so we need to secure enough truck capacity inbound and outbound to support growth. There is room to improve real-time management and we have plans for inbound and outbound. However, there is a shortage of truck capacity and drivers.

Supply Chain Planning Software 31

Supply Chain Planning Software Supply Chain Design Software Modeling Software Material Savings 31

GlobalTranz

FEBRUARY 24, 2015

When you want to drive down your logistics and transportation spend, the very first thing that you need is freight and transportation data. Without hard data, you can’t take action. When enterprises try to act in the absence of data, they are usually guessing and won’t get the results they need. Invest in Technology.

Data 94

Data Transportation Cost Reduction Material Savings 94

GlobalTranz

AUGUST 20, 2015

This estimate is according to responses provided by 83 percent of the manufacturing executives who participated in a survey conducted as part of an industry study by the Manufacturing Institute and Deloitte Consulting LLP. Indicators are that the worker deficit could rise to over 2 million unfilled jobs in the next decade.

Buyer Training 104

Buyer Training Cost Reduction Resource Reduction Optimization Software 104

Logistics Viewpoints

APRIL 15, 2021

Before the pandemic, in a study of logistics providers conducted by Fraunhofer IML, among those embarking on digitalization initiatives, only 25% of logistics providers in the Fraunhofer IML survey are leveraging digital technologies to think outside the box and reinvent their foundational delivery model. It should also be shared downstream.

Supply Chain Planning Software 149

Supply Chain Planning Software Supply Chain Software Supply Chains Digital 149

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. . Especially when it comes to applying big data to solve the largest problems facing the trucking industry.

Article 55

Article Transportation Cost Reduction Supply Chain Software 55

Logistics Viewpoints

JULY 18, 2022

Ferguson does 20 to 30 studies a year using this tool. A single study can drive millions in savings while maintaining or even improving service levels. It examines the skills of the people on the team, the process, technology, and strategy associated with supply chain design. Coupa’s maturity model is quite detailed.

Supply Chain Design Software 132

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 132