GoShip Blog

FEBRUARY 28, 2023

Some examples of CPGs are personal hygiene products, food, beverages, and cosmetics. CPGs often have a limited shelf life since these are goods that we all purchase for immediate use. These types of goods are also meant to be consumed almost immediately, so CPGs are usually shipped in massive quantities to meet the consumer’s demands.

Packaging 52

Packaging Manufacturing Procurement Purchasing Skills Buyer Training 52

Logistics Bureau

MAY 30, 2022

Our three pillars (or fundamentals) of great supply chain management excellence are strategy, service, and cost. For example: Alignment of strategy and cost leads to happy shareholders. Alignment of cost and service is good news for your customers. Why does the C-suite want the three pillars aligned?

Inventory Reduction 112

Inventory Reduction Cost Reduction Price Reduction Supply Chain Planning Software 112

GlobalTranz

JUNE 11, 2015

We conclude our series on supplier quality management (SQM) today with a look at some case studies and examples of benefits derived from the application of a supplier quality management system. Examples and Case Studies from the Implementation of a Supplier Quality Management System. Today, 97.5%

Supply Chain Planning Software 94

Supply Chain Planning Software Supply Chain Design Software Examples Case Study 94

GlobalTranz

OCTOBER 21, 2015

The more KPIs, the more difficult the negotiation process. After the SLA/KPI is an approved document by both the customer and logistics provider, this document and its contents need to be reviewed monthly to begin with, and quarterly thereafter. All KPIS have a target percentage to meet. 3PL/SLA Skills/Knowledge.

Negotiating Skills 94

Negotiating Skills Optimal Sourcing 3PL Procurement Analytics 94

Logistics Bureau

OCTOBER 20, 2021

Perfect order results can help you assess performance and diagnose issues impacting service, costs, and overall supply chain effectiveness. Accurate documentation: This metric tracks the percentage of sales orders accompanied by accurate documents throughout the process. x 0.96 = 0.8661.

Supply Chain Design Software 96

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 96

Conger

MARCH 22, 2024

In this article, we explore how these AGVs are changing the warehouse industry by minimizing human error, reducing labor costs, and setting new standards for productivity and safety. Reducing Labor Costs and Environmental Impact Labor costs: Labor is not getting any cheaper. Let’s dive in!

Materials Handling 79

Materials Handling Material Savings Supply Chain Software Cost Reduction 79

Globalior

MARCH 19, 2020

For example, if a company in Brazil is selling on CPT terms to a company in Argentina – the sales contract should at least mention: CPT (Puerto Rosales, Buenos Aires, Argentina, Incoterms 2020) CPT Incoterms: Delivery & Transfer of Risks Delivery happens when the seller hands over the cargo to the first carrier. .

Purchasing Skills 52

Purchasing Skills Document Article Security 52

Globalior

APRIL 6, 2020

The seller must pay for transport costs to the agreed destination ( named place ) When CIF is used in a contract, the named destination is mentioned. Shipping CIF Incoterms: Insurance The seller must purchase insurance for buyer’s benefit in case of damage or lose of cargo. The seller must package the goods at the seller’s cost.

Purchasing Skills 52

Purchasing Skills Document Security Cargo 52

Globalior

MARCH 21, 2020

Risk transfers from seller to buyer when the goods are unloaded at the place of delivery The seller must arrange for carriage to the agreed destination ( named place ) The seller must pay for transport costs to the agreed destination ( named place ) When DPU is used in a contract, the named place is mentioned.

Purchasing Skills 52

Purchasing Skills Document Security Cargo 52

Conger

MARCH 22, 2024

In this article, we explore how these AGVs are changing the warehouse industry by minimizing human error, reducing labor costs, and setting new standards for productivity and safety. Reducing Labor Costs and Environmental Impact Labor costs: Labor is not getting any cheaper. Let’s dive in!

Materials Handling 75

Materials Handling Material Savings Supply Chain Software Cost Reduction 75

GlobalTranz

APRIL 5, 2016

However, the economy is on the mend, and the need for immediate cost savings and lean solutions is starting to take the backburner to how 3PL Logistics Companies could benefit shippers through long-term relationships. The needs of yesteryear-clients were quite simple: get costs under control quickly. They get lost or misplaced.

Negotiating Skills 55

Negotiating Skills Logistics Network Optimization Software 3PL Purchasing Skills 55

Globalior

APRIL 10, 2020

Risk transfers from seller to buyer when the seller delivers the goods to the agreed place The seller must arrange for carriage to the agreed destination ( named place ) The seller must pay for insurance costs to the agreed destination ( named place ) When DAP is used in a contract, the named place is mentioned.

Document 52

Document Purchasing Skills Packaging Security 52

GoShip Blog

DECEMBER 3, 2023

While this makes retail companies more secure, it poses an additional challenge for shippers and vendors to meet the terms of the partnership. Vendor compliance is a program that helps retail businesses to ensure that their vendors meet the standards and regulations set by the company. What is vendor compliance?

Vendor Strategies 52

Vendor Strategies Compliance Cost Reduction Inventory Reduction 52

Globalior

MARCH 17, 2020

For example, if a company in England is selling on DDP terms to a company in Spain and the seller has agreed to deliver to the buyer’s warehouse – the sales contract would look like: DDP (Buyer’s warehouse Madrid, Spain, Incoterms 2020) The DDP term places the maximum amount of risk on the seller in terms of both costs and liabilities.

Purchasing Skills 52

Purchasing Skills After-sales Document Cargo 52

Logistics Business Magazine

JULY 19, 2023

However, at the same time, impending recession and rising inflation is causing production demand to drop and prices to rise. Consumer goods companies are now dealing with billions in additional costs, thanks to rising prices for raw materials and transportation. It is predicted to grow by €284.4

Supply Chain Software 50

Supply Chain Software Supply Chains Purchasing Skills Material Savings 50

GlobalTranz

MAY 13, 2015

Walmart would not have the ability to provide such low prices and have consistent inventory in the over 5,000 stores in the United States and over 1.3 is one of a growing number of big-box retailers building out their supply chains with distribution centers designed to meet the demands of online shopping.

Supply Chain Planning Software 115

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

Logistics Viewpoints

MAY 15, 2023

In Southern California, for example, they have a 670,000 square foot warehouse that serves eight different fast-growing ecommerce retailers. By operating hubs comprised of several warehouses located in a campus, GXO is able to increase operational agility, reduce reducing transportation costs, and speed up delivery times.

Efficiency 125

Efficiency Supply Chain Planning Software Optimization Software Supply Chain Software 125

Ship Monk

MARCH 27, 2024

ShipMonk’s 3PL software , for example, is time-saving automation at its finest. Automated Slotting With automated slotting , an ecommerce brand only has to pay for the space they need in a fulfillment center without constantly worrying about meeting their changing needs.

Supply Chain Software 74

Supply Chain Software Material Savings eCommerce Optimization Software 74

GlobalTranz

APRIL 7, 2017

Most transportation costs in a company arise from inbound logistics cost. If other words, the costs associated with transportation of items from vendors make up the biggest portion of will transportation costs, reports Amy Roach Partridge of Inbound Logistics. Real-Time Data Promotes Use of Lowest-Cost Carriers. .

Vendor Strategies 55

Vendor Strategies Inbound Cost Reduction Inventory Reduction 55

Logistics Bureau

NOVEMBER 14, 2018

For example, how would you deal with the following situations in procurement? Another supplier guarantees lower supply prices that would re-establish the margins your company needs to meet its objectives. Your Italian company is negotiating the supply of aerospace products to a government in Asia.

Procurement Analytics 75

Procurement Analytics Optimal Sourcing Procurement Solutions Procurement 75

GlobalTranz

JANUARY 7, 2016

Editor's Note: This is a two part series featuring Chuck Intrieri, who along with providing excellent insights over at his industry leading The Lean Supply Chain blog, is also a consultant who works with companies for Cost Reduction, Supply Chain Optimization, Logistics, Manufacturing, and 3PL Selection. What does it take to make it?

Manufacturing Procurement 59

Manufacturing Procurement Eliminating Excel in Purchasing Purchasing Skills Optimal Sourcing 59

Logistics Viewpoints

MARCH 20, 2023

A graph database stores nodes and relationships instead of tables, or documents. Planners in China rely on different data sources and operate with different business practices than those in North America. There is no one source that can provide good sustainability data. Gottemukkala asserts.

Supply Chain Planning Software 126

Supply Chain Planning Software Modeling Software Procurement Solutions Supply Chain Software 126

RPA Labs

AUGUST 20, 2020

RPA bots can also scrape relevant data from emails, texts, social media and other digital sources to identify market trends and insights. RPA allows for seamless system-to-system interaction, so migrating data from shipping instructions, BOLs, packing invoices, and other documents is done automatically. The Cost of Not Automating .

Logistics Network Optimization Software 40

Logistics Network Optimization Software Supply Chain Software Optimal Sourcing Optimization Software 40

Ship Monk

JANUARY 30, 2023

Example—In the case of a lost or undeliverable package, a customer-first ecommerce merchant can step up to the plate immediately by contacting the shipping carrier to determine the cause of the problem and sharing this information with buyers so they know when to expect delivery or reshipment.

eCommerce 52

eCommerce Supply Chain Planning Software Inventory Reduction Supply Chain Software 52

GlobalTranz

APRIL 25, 2017

For existing businesses and shippers, this means more competition and demand for lower costs. Meanwhile, the increasing number of regulations and requirements on shippers has created a paradox between saving money and still meeting all requirements. What About 3PLs Offering TMS? Why Do Supply Chains Need Transportation Management?

Supply Chain Software 62

Supply Chain Software Cost Reduction Resource Reduction Vendor Strategies 62

Bringg

MAY 5, 2021

By monitoring products’ physical chain of custody, proof of delivery: Makes sure the right recipient receives an item from the right sender (particularly important when the purchaser is not the consignee). This proof of delivery provides sellers with the documentation necessary to verify order fulfillment and invoice accuracy.

Optimization Software 62

Optimization Software Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 62

GoShip Blog

JANUARY 4, 2023

Automated shipping can be anything from purchasing expensive autonomous mobile robots (AMS) for package inspection and picking to simply installing a software solution on your ecommerce platform that provides instant FTL or LTL freight quotes from the most affordable carriers. Less risk of human error . How to Automate Shipping? .

Logistics Network Optimization Software 52

Logistics Network Optimization Software Automation How To Procurement Solutions 52

Logistics Business Magazine

SEPTEMBER 6, 2021

The Bochum-based company has numerous customers – from medium-sized companies to corporate groups – who have been managing the issue of CSR with suppliers, purchasing agencies, auditing institutes and other supply chain partners via the Setlog software OSCA for years, thus bringing transparency to the supply chain.

Supply Chain Software 50

Supply Chain Software Procurement Solutions Procurement Analytics Logistics Network Optimization Software 50

Logistics Viewpoints

NOVEMBER 23, 2020

Ronan Stephens, the Senior Vice President of Supply Chain Management and External Manufacturing, explained how the company set out on a journey to improve customer service while also reducing costs. That’s why the supply chain team proactively kicked off a series of meetings. Ipsen also need to reduce their lead times.

Supply Chain Planning Software 115

Supply Chain Planning Software Logistics Network Optimization Software Inventory Reduction Manufacturing Procurement 115

GlobalTranz

AUGUST 18, 2016

Value-Added Services and TMS Capabilities Are Critical Points in Contract Negotiation. Value-added services have also taken on a technology-like role as more companies want to use a comprehensive transportation management system (TMS) to thorough document and optimize their processes.

Supply Chain Planning Software 60

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

Conger

JULY 28, 2022

Plenty of examples of warehousing. This means they act as third-party logistics (3PLs) and may even offer value-added fulfillment services to help subsidize the costs of running the warehouse. High capital and operating costs make private warehouses a realistic option only for large, established businesses. Their pros and cons.

Examples 52

Examples Definition Supply Chain Design Software Supply Chain Software 52

Logistics in War

APRIL 6, 2019

Whilst there are economic benefits to this approach, it discounts current trends in competition for energy sources and market dominance, threats to supply infrastructure, the impact of natural disasters and geopolitical uncertainty (especially in the Indo-Pacific region).

Sourcing Strategies 59

Sourcing Strategies Resource Reduction Seminar White Paper 59

Talking Logistics

JULY 25, 2018

I haven’t attended an industry conference over the past year, or participated in a client meeting, where blockchain — along with artificial intelligence (AI) and machine learning — hasn’t been part of the conversation. Take EDI, for example. Source: IBM.

Supply Chain Planning Software 64

Supply Chain Planning Software Supply Chain Software Supply Chains Logistics Network Optimization Software 64

EazyStock

MARCH 22, 2022

Damaged customer satisfaction and reputation – if you cannot meet demand, loyal customers could turn to a competitor and not return. Harder to manage supplier lead times – if you cannot give suppliers a good forecast of your annual inventory needs, it will be harder for them to meet your delivery deadlines. Use qualitative data.

Supply Chain Planning Software 52

Supply Chain Planning Software How To Supply Chain Design Software Supply Chain Software 52

GlobalTranz

FEBRUARY 27, 2015

Increased bid competitiveness through pricing accuracy. Running our pricing accurately was a huge problem… it is fairly easy now, and further use of reporting features will help with this. More accurate pricing means we can win bids against some of the largest food companies out there. Lower inventory carrying costs.

Manufacturing Procurement 110

Manufacturing Procurement ERP Logistics Network Optimization Software Procurement Solutions 110

Ship Monk

OCTOBER 17, 2022

This includes: Matters of inventory management with advanced 3PL software Delivery speed with warehouse locations that bring products closer to customers Fulfillment: Order processing, picking, and packing Optimal shipping costs and options thanks to established relationships with major shipping carriers.

eCommerce 78

eCommerce 3PL Logistics Network Optimization Software Supply Chain Design Software 78

Locus

JUNE 23, 2023

A loyal customer with word of mouth brings in more customers, and they minimize the cost of acquiring new customers. With an efficient order fulfillment process, businesses can reduce their shipping costs and improve their turnaround times which helps them increase their sales and revenue.

Inventory Reduction 52

Inventory Reduction Cost Reduction Resource Reduction Vendor Strategies 52