GlobalTranz

OCTOBER 16, 2015

, at Cerasis, we know a thing or two about the nuances of LTL procurement. LTL procurement is something we do very well. So we thought we would impart upon all the shippers out there some tips on how to reduce overall costs for effective LTL Procurement. 10 LTL Procurement Cost Cutting Tips.

Negotiating Skills 90

Negotiating Skills Price Reduction Optimal Sourcing Cost Reduction 90

CLX Logistics

APRIL 26, 2019

For companies willing to embrace opportunities for improvement across the entire supply chain, here’s a look at the top transportation procurement and benchmarking trends. The good news is, shippers have more access to data than ever before, which brings us to trend number two. Hiring Data Scientists or Third-Parties to Analyze Data.

Optimal Sourcing 51

Optimal Sourcing Negotiating Skills Procurement Cost Reduction 51

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

Freightos

FEBRUARY 13, 2024

More Resources Home February 13, 2024 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market. America weekly prices decreased 35% to $3.91/kg

Optimal Sourcing 77

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Freightos

SEPTEMBER 14, 2022

With the flipflops being pushed to the back of the closet, email auto-responders being reluctantly turned off and thoughts about procurement, market intelligence for 2023 tenders and Golden Week emerging, now is an ideal time for supply chain professionals to catch up on what they missed. Watch Peak Season Webinar. View weekly update.

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Webinar Procurement Supply Chains Logistics 62

Logistics Viewpoints

OCTOBER 10, 2022

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. Implementing the solution involved cleaning up master data and mapping their complete global supply chain.

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

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. Data and Privacy. How to Begin Your Terms.

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Procurement Analytics Manufacturing Procurement Procurement Document 84

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. The move to agile supply chain management inherently required more data sources than traditional supply chains, reports GT Nexus. The State of Supply Chain 2016 Trends.

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Manufacturing Procurement Optimal Sourcing Procurement Analytics Procurement Solutions 65

GlobalTranz

JANUARY 18, 2017

Let’s take another look at how procurement, computing power, industry 4.0, cyber security, advanced robotics and automation became top priorities for research, development, and implementation throughout the past year’s operations in the manufacturing industry. . Procurement Operations Became Decentralized and Adaptable.

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GlobalTranz

APRIL 6, 2015

The biggest implication of this new imposition on procurement process is that now procurement managers have to deliver suppliers that are cost conscious and timely in their operations but at the same time can adapt to the changing demands of end customers. All of these aspects impact procurement processes. 3) Risk Management.

Optimal Sourcing 118

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

GlobalTranz

DECEMBER 11, 2014

Today begins our series about electronic data interchange or EDI in transportation. What is Electronic Data Interchange? First we must understand and get on the same page of what is Electronic Data Interchange, or EDI, as it is not only used in the transportation industry. How does Electronic Data Interchange (EDI) Work?

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Data Transportation Document Inventory Reduction 105

Locus

SEPTEMBER 27, 2022

To unravel the story behind this growth and its complexities, Albert Koto, Head of Mitra supply chain at Bukalapak, one of the biggest e-commerce businesses in Indonesia, got in conversation with Malay Shah, Senior Vice President of India, Middle East, Rest of the World, and Southeast Asia operations in this Locus’ In-Focus webinar series. .

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GlobalTranz

FEBRUARY 6, 2017

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. For example, Johnson & Johnson procurement professionals actively review market trends before making purchases.

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

Blue Grace Logistics

AUGUST 24, 2022

We cater to LTL and Truckload supply chain strategies using best in class technology and procurement capabilities, always looking to add value regardless of market conditions,” said Bobby Harris, Founder and CEO of BlueGrace Logistics. BlueGrace Recognized as Dominant Provider Show Submenu Resources. The Logistics Blog®. Whitepaper.

Supply Chain Software 62

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GlobalTranz

MAY 1, 2015

Four main trends concern us here: Connected supply chains provide additional opportunity link supply chains and receive more data. Data can indicate issues with procurement , product quality, and delivery. New trends are shaping the market and companies that incorporate useful practices do well as expectations change.

Supply Chain Software 98

Supply Chain Software Purchasing Skills Supply Chains Optimal Sourcing 98

Blue Grace Logistics

JULY 21, 2020

The data and analytics gathered during the measure phase is instrumental to a proper understanding of your operations. 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. Putting it into Action.

Optimal Sourcing 62

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

GlobalTranz

MAY 25, 2018

As the storage space of data has fallen, warehouse managers ’ rationale for avoiding IoT technologies has become even more archaic. The connection of systems nets scalability and actionable insights from the analysis of Big Data through the IoT. WHITE PAPER] The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018.

Inventory Reduction 50

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GlobalTranz

OCTOBER 5, 2015

This advancement is based on the potential to integrate relevant data at any point in the value chain, define inter-dependencies from the data almost instantaneously, and utilize advanced analytics to develop highly targeted solutions. 11 Improvements by the Deployment of the Internet of Things in the Supply Chain.

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Optimal Sourcing Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 111

GlobalTranz

JANUARY 6, 2016

6 Benefits of Applying Useable Data in Logistics For Continuous Improvement. Why A Successful Transportation Management Program Is Empowered By Data. Strategic Logistics: 8 Steps to Controlling Inventory Flow & Driving Warehouse Efficiency. Strategic Logistics Management: The Importance of Flexibility.

Resource Reduction 61

Resource Reduction Cost Reduction Inventory Reduction Logistics Network Optimization Software 61

GlobalTranz

DECEMBER 29, 2014

The Ultimate Guide for Effective LTL Freight Management : we put on a 60 minute webinar entitled, “Best Practices for Effective LTL Freight Management and Shipping.” We had a great turnout with over 250 logistics managers, supply chain officers, and those in the transportation world registering and attending the webinar.

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Blog Logistics Network Optimization Software Manufacturing Procurement Reverse logistics 97

GlobalTranz

DECEMBER 27, 2017

We want to make sure that supply chain practitioners, as well as manufacturers, understand how all of these technologies are affecting the entire supply chain, including the supply chain & procurement side of a manufacturing operation. Share This: Read More. [e-Book] Share This: Read More.

Supply Chain Software 60

Supply Chain Software Blog Supply Chains Optimal Sourcing 60

GlobalTranz

JULY 29, 2015

A distributor or manufacturer’s strength is in making product—its focus is procurement and streamlining production, but without the capability to fulfill orders, it is doomed. Consider the many shippers who have outsourced transportation management and other logistics functions to third-party logistics (3PL) providers the past few years.

Outsourcing 98

Outsourcing Transportation Manufacturing Procurement Logistics Network Optimization Software 98

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.

Logistics Network Optimization Software 93

Logistics Network Optimization Software Resource Reduction Logistics Blog 93

GlobalTranz

FEBRUARY 13, 2017

According to PLS Logistics , global companies will install procurement managers in China for entire organizations by 2025. Today, the tech devices that entered the market in early 2016 are obsolescent, and more companies are looking for real-time data-driven decision making opportunities through the Internet of Things (IoT).

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Resource Reduction Trends Inventory Reduction Material Savings 82

GlobalTranz

MARCH 6, 2017

Mobile phones can offer incredible services in any business from inventory tracking and shipments to the execution of procurement transactions. Unlike other scanners, the scan in Scandal doesn't have to be perfect to process data as it can scan hard to reach the barcodes with ease. The Easy stock mobile application software.

Logistics Network Optimization Software 60

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GlobalTranz

JULY 7, 2015

As most warehouse strategies are formed to combat issues of product shortage or provide important accounting data regarding a product, technology has been created to help reverse supply chains and drive larger recovery by serving the business needs for selling surplus.

Supply Chain Planning Software 97

Supply Chain Planning Software Supply Chain Software Supply Chains Waste Reduction 97

GlobalTranz

JANUARY 4, 2016

In a metaphorical sense, the DSN enables people and data—as well as materials, products and supplies—to travel together across the extended enterprise. 2016 Supply Chain Trend #6: Procurement’s New (read Bigger) Role in the Supply Chain. This is with good reason backed by data. Get basics right first.

Supply Chain Planning Software 91

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 91

Logistics Viewpoints

DECEMBER 14, 2023

And even before they begin, they must realize these problems are too big for any single team—supply chain must connect with finance and procurement to treat the n-tier suppliers as an extended part of their network and become their preferred customer. For this to happen, finance needs to be in lockstep with procurement.

Supply Chain Design Software 139

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Optimal Sourcing 139

GlobalTranz

FEBRUARY 7, 2018

While most brands have already integrated live system tracking, secure data exchange processes, and visibility and traceability throughout systems, the use of cloud-based technologies will begin to have a major impact on procurement processes as well, says Marc Wins of Procurement Academy.

Supply Chain Design Software 68

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Technology 68

GlobalTranz

FEBRUARY 16, 2015

A transport management system helps coordinate all the data points in a transportation network. The collection of vital data, such as rates and route options, allows the TMS to present the data in an easy to understand format so that logistics managers make the best decision possible about transportation.

Expense Reduction 91

Expense Reduction Cost Reduction Transportation Negotiating Skills 91

Conger

MARCH 28, 2024

Technologies like artificial intelligence continue to enhance these capabilities to become more attractive and allow new visualizations and data collection standards. Telematics collect and transmit vehicle speed, mileage, and fuel consumption data, while GPS allows precise location tracking.

Optimization Software 74

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GlobalTranz

APRIL 6, 2017

Enhanced data acquisition and visualization remotely and in real time. Define your requirements and how you intend to procure your upgrade. Improved energy or operator efficiency through utility savings and simplified operation and problem recognition. Higher accuracy and less waste. Higher safety standards.

Manufacturing Procurement 69

Manufacturing Procurement Vendor Strategies Expense Reduction Cost Reduction 69

GlobalTranz

MAY 21, 2015

This requires a new broad look at the business of transportation supply chain, including supply chain management, logistics, & procurement. Some of these elements have different master data that must be used. This data must be not only present, but also running in harmony over all systems.

Supply Chain Planning Software 100

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

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

FEBRUARY 20, 2018

However, logistics focuses expressly on the movement and storage of products, while the supply chain goes into deeper detail, including manufacturing processes, procurement, and the flow of goods. The short answer is: not a heck of a lot!

Logistics Network Optimization Software 72

Logistics Network Optimization Software Supply Chain Planning Software Optimization Software Supply Chain Software 72

GlobalTranz

FEBRUARY 11, 2016

This is a combination of parallel computation, big data , and analysis of algorithms. Lately, the demand for Big Data, faster speed, and better processes will lead to greater spending in artificial intelligence, which will further the goal of the technology as well. Artificial intelligence is a paragon of modern civilization.

Supply Chain Design Software 54

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 54