GlobalTranz

SEPTEMBER 16, 2016

There are several definitions of 3PL. Using a third party logistics provider that has higher quality technology and processes than your in-house operations will help realise efficiencies with the management of your inventory and increase on-time performance. Editor's Note: Today's blog is a guest blog by our friends at 2 Flow.

3PL 101

3PL Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Software 101

GlobalTranz

JULY 20, 2017

So, let’s get some quick definitions and understanding down of the three chief methods that you’re looking at for an order fulfillment solution: Drop-shipping. Here’s your business calculation: Profit = Retail price – costs of buying and storing inventory – costs of shipping the products to each customer. 3PL fulfillment.

Procurement Solutions 49

Procurement Solutions Purchasing Skills Price Reduction Inventory Reduction 49

GlobalTranz

DECEMBER 11, 2014

In this series, we will first talk about how EDI in transportation works and what it is, covering the history of EDI in transportation, the definition, how it works technically, and then some common EDI codes used within the transportation industry. Their job was to develop standards to be adopted between the various trading partners.

Data 105

Data Transportation Document Inventory Reduction 105

Turvo

JANUARY 12, 2021

This is a primary focus of an upcoming FreightWaves webinar this week on Thursday, January 14th, 2020, at 2 PM EST. Panelists for the event are Sudarsan Thattai, Chief Information Office for Lineage Logistics, and Ketan Karkhanis, Turvo’s Chief Product Officer, moderated by FreightWaves’ VP of Sponsored Content, Mary Anne Hensley.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Webinar Supply Chains 52

GlobalTranz

JULY 24, 2017

This may include reduced costs, load optimization, better carrier selection, flexibility, better levels of customer service, increased inventory management, accountability and transparency. Shipment consolidation is the natural precursor, and by some definitions, the natural companion to LTL shipping.

Optimization Software 55

Optimization Software Supply Chain Design Software Cost Reduction Vendor Strategies 55

GlobalTranz

APRIL 4, 2016

It was cheaper than producing products in the US, manufacturers could produce large inventories with little capital up front, and consumers did not really have a public voice. Yet, understanding these concepts requires a bit more than this simple definition. Reshoring Vs. Nearshoring.What's the Difference?

Manufacturing Procurement 53

Manufacturing Procurement Cost Reduction Price Reduction Inventory Reduction 53

GlobalTranz

MAY 23, 2016

In fact, the definition of auditing, asserts the Business Dictionary states, “[The] systematic examination and verification of a firm’s book of accounts, transaction records, other documents, and inventory.”. This definition alone shows how an audit can directly lead to the identification of problems in a given shipping process.

Cost Reduction 54

Cost Reduction Inventory Reduction Freight Purchasing Skills 54

GlobalTranz

SEPTEMBER 15, 2015

The TMS enables the shipping controls to what inventory is going out, when it’s going out, where it’s going, when it will get to its destination, and how it’s billed to the respective business. Ironically, these 10 elements are the definition of and instructions for gaining “Best in Class” shipper status.

Supply Chain Planning Software 93

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

Conger

MARCH 28, 2024

Introduction to Fleet Management Fleet Management Definition Businesses across all sectors depend on commercial vehicles to transport people and products daily from cross-country delivery services to your neighborhood gas and oil provider. Fleet management is the process of organizing, coordinating, and overseeing company vehicles.

Optimization Software 73

Optimization Software Optimal Sourcing Expense Reduction Cost Reduction 73

GlobalTranz

JANUARY 29, 2016

Transportation managers must keep up with the ship dates of inventory, where inventory is currently located in the transportation process, what insurance information is being used and appropriated for each shipment, and many more factors. Effective transportation management can be a hassle.

Inventory Reduction 50

Inventory Reduction Transportation Logistics Network Optimization Software Document 50

GlobalTranz

APRIL 14, 2016

In the warehouse, the Internet of Things is helping to keep track of inventory, track orders, and identify and schedule maintenance for faulty equipment. The IoT is connecting the warehouse and retail space as well as the office. And this is just in the office.

Supply Chain Design Software 57

Supply Chain Design Software Supply Chain Software Optimization Software Supply Chain Design 57

GlobalTranz

JULY 15, 2015

Companies will be able to do predictive maintenance to reduce downtime, better manage their inventories, and also to become more flexible and responsive to changes in market conditions. A SAS survey found that 18 percent of industrial machinery companies have already started to use ‘IoT devices’ to increase production and reduce costs.

Manufacturing Procurement 100

Manufacturing Procurement Digital Supply Chain Design Software Modeling Software 100