GlobalTranz

JANUARY 17, 2017

The use of predictive analytics has the potential to dramatically reduce expenses in the manufacturing sector, particularly with respect to proactive machine maintenance. This reduces overhead while reducing costs and issues experienced by the consumers. Predictive Analytics Became Commonplace to Manufacturing.

Manufacturing Procurement 82

Manufacturing Procurement Procurement Analytics Expense Reduction Material Savings 82

Parade

FEBRUARY 8, 2021

These platforms are important components to digital-first brokers AND brokerages undergoing a digital transformation, as digital freight natives like Uber Freight and Convoy are already deploying a dual capacity management strategy that taps into both in-network carriers and marketplace carriers, when the time is right. Ready to learn more?

Negotiating Skills 78

Negotiating Skills Price Reduction Expense Reduction Cost Reduction 78

Parade

FEBRUARY 8, 2021

These platforms are important components to digital-first brokers AND brokerages undergoing a digital transformation, as digital freight natives like Uber Freight and Convoy are already deploying a dual capacity management strategy that taps into both in-network carriers and marketplace carriers, when the time is right. Ready to learn more?

Negotiating Skills 78

Negotiating Skills Price Reduction Expense Reduction Cost Reduction 78

Parade

FEBRUARY 8, 2021

These platforms are important components to digital-first brokers AND brokerages undergoing a digital transformation, as digital freight natives like Uber Freight and Convoy are already deploying a dual capacity management strategy that taps into both in-network carriers and marketplace carriers, when the time is right. Ready to learn more?

Negotiating Skills 78

Negotiating Skills Price Reduction Expense Reduction Cost Reduction 78

GlobalTranz

APRIL 8, 2015

The transportation management system, or often referred to as TMS, is a great example of how this technology is being used to create a more interconnected space both digitally and physically. Expensive upgrades are non-existent which is both money saving as well as time saving. What is SaaS TMS & Introducing Hybrid SaaS TMS.

Logistics Network Optimization Software 90

Logistics Network Optimization Software Modeling Software Optimization Software Expense Reduction 90

GlobalTranz

OCTOBER 10, 2017

The answer to this question lies in using last mile metrics to track key performance indicators and target levels of service to ensure accountability, visibility and continued reduction of costs in last mile delivery. These metrics provide a quick yes or no analysis of the effectivity of your last mile logistics strategy.

Cost Reduction 61

Cost Reduction Waste Reduction Expense Reduction Logistics Network Optimization Software 61

GlobalTranz

AUGUST 6, 2015

However, if your computer system automatically recognizes the item’s serial number, creates a return label, and schedules pickup from the consumer’s doorstep, your business can effectively eliminate nearly all of your costs for handling returns. This is a simplified example of the best practices for Return Merchandise Authorizations.

Cost Reduction 89

Cost Reduction Expense Reduction Inventory Reduction Reverse logistics 89

GlobalTranz

JULY 22, 2016

Home Depot is revamping their distribution center strategy to include a host of regional centers, and logistics providers stand to reap significant profits from increased collaboration in the marketplace. New Business Models Reduce Operating Costs. Logistics technologies are changing how modern retailers operate.

Logistics Network Optimization Software 60

Logistics Network Optimization Software Modeling Software Optimization Software Supply Chain Software 60

GlobalTranz

JUNE 16, 2015

Furthermore, innovation has replaced previous expectations and practices of reducing prices and focusing on reducing the consumers’ costs. Innovation Reduces Risk to Businesses. Obviously, most modern innovations will focus on improving supply chain processes throughout the course of business, not the ancient squeegee example.

Manufacturing Procurement 101

Manufacturing Procurement Purchasing Skills Price Reduction Supply Chain Design Software 101

GlobalTranz

NOVEMBER 10, 2015

Transportation costs make up 60 percent of overall logistics expenses for all shippers and 3PLs. However, costs can be further reduced through the use of a warehouse management system (WMS). Additionally, reducing the physical wear and tear on warehouse machinery is another aspect of increasing the ROI through a WMS.

Supply Chain Planning Software 90

Supply Chain Planning Software Optimization Software Inventory Reduction Cost Reduction 90

GlobalTranz

MAY 21, 2015

Many manufacturers & retailers have found that they can use state of the art supply chain management to reduce inventory & warehousing costs while speeding up delivery to the end customer. Managers should ensure that a firm’s transportation strategy supports its competitive strategy.

Supply Chain Planning Software 100

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

GlobalTranz

OCTOBER 17, 2017

That saying is the cornerstone to understanding why white glove services & last mile deliveries are proverbial gold in logistics strategies. Implementing white glove services & last mile logistics strategies requires back-end technology. White Glove Services & Last Mile Deliveries Are Good-As-Gold. Everyone loves a freebie.”

Logistics Network Optimization Software 60

Logistics Network Optimization Software Cost Reduction Expense Reduction Price Reduction 60

GlobalTranz

MARCH 14, 2016

Essentially, this eliminates the need to build complex prototypes to review designs, hastening the design-to-finished product time frame. Additionally, the cost of creating a virtual environment has grown cheaper as technologies and electronics have become less expensive. Integration. Quality Assurance and Risk Management.

Supply Chain Design Software 66

Supply Chain Design Software Supply Chain Planning Software Modeling Software Cost Reduction 66

Logistics Bureau

NOVEMBER 11, 2020

Because they are expensive, however, they are mainly used as training tools by large corporations. Walmart, UPS, and Boeing , for example, are incorporating VR in their employee education programmes, seeing the technology as superior for training and imparting skills to workers. And there seems to be no right answer.

Supply Chain Planning Software 75

Supply Chain Planning Software Supply Chain Software Buyer Training Training 75

GlobalTranz

MARCH 9, 2015

The costs of logistics and inventory are decreasing, contract renewal rate for logistics outsourcing remains good, and the emergence of cutting-edge technologies like 3D printing, drone delivery and augmented reality is opening up a wide vista of opportunities. Similarly, driverless vehicles will cut the costs associated with the driver.

Outsourcing 96

Outsourcing Logistics Network Optimization Software Supply Chain Design Software Optimization Software 96

GlobalTranz

SEPTEMBER 22, 2016

Meanwhile, this large volume of expenses is directly related to 80 percent or a company’s working capital via inventory and accounts payable. The age of technology has the potential to dramatically reduce inefficiencies in the supply chain. The roles of logistics and procurement in an efficient supply chain cannot be overstated.

Manufacturing Procurement 108

Manufacturing Procurement Procurement Analytics Procurement Solutions Optimal Sourcing 108

GlobalTranz

AUGUST 24, 2015

However, one of the most important aspects of supply chain strategies is often overlooked: the reverse supply chain (also referred to as reverse logistics ). A reverse logistics strategy provides a path for removing the existing equipment to make way for the next era of equipment in the case of end of life products or new upgrdes.

Price Reduction 97

Price Reduction Resource Reduction Expense Reduction Material Savings 97

Blue Grace Logistics

JULY 31, 2018

In our webinar, we covered the basics and most common questions of accessorial charges which include: . We gave a few examples above, but those are by no means the only accessorial charges that you could be stuck paying. Consider reweigh charges for example. Detention fees are a prime example of where efficiency pays off.

Cost Reduction 54

Cost Reduction Webinar Supply Chain Software Supply Chains 54

GlobalTranz

JULY 14, 2015

In some cases, human intervention and input will be completely eliminated. For example, a subtle change in hydraulic pressure may still permit the machine to operate. For example, the IoT could be used to control automated delivery of products via unmanned aerial vehicles (UAV), or droves, in the future.

Supply Chain Software 103

Supply Chain Software Supply Chains Manufacturing Procurement Scenario Planning 103

GlobalTranz

APRIL 28, 2016

Obviously, truck-related costs continue to dominate the industry’s expenses, and shippers will need to find a way to drive these costs down. The result of that management is fewer transactions, a dramatically reduced chance for errors and duplicate transactions, and more efficient processes. This sounds complex, and it is. They should!

Cost Reduction 51

Cost Reduction Resource Reduction Price Reduction Expense Reduction 51

GlobalTranz

JULY 9, 2015

Throughout this time, 3PL transportation management providers have taken advantage of the low-costs of transportation, which further reduced the costs for businesses and manufacturers. Driver Expenses. As a result, the business expense of obtaining this coverage is requiring a larger investment on the part of the employer.

Price Reduction 102

Price Reduction Cost Reduction Trucking Resource Reduction 102

GlobalTranz

NOVEMBER 12, 2015

For example, drivers are expected to arrive on time, maintain docking schedules, and avoid dead time. Having this data in logistics readily available can help clear up any potential problems at the point of entry or port, which helps promote timely and less expensive shipments across international borders.

Data 91

Data Vendor Strategies Logistics Network Optimization Software Expense Reduction 91

GlobalTranz

SEPTEMBER 5, 2017

For example, a package with an actual weight of 11 pounds and a parcel dimensional weight of 20 pounds will be shipped using the 20-pound weight. This is why more shippers are looking to carriers as a partner, not just an afterthought and expense. Consider this example. Let’s look at the example real quick. Round 6.02

Packaging 61

Packaging Negotiating Skills Price Reduction Expense Reduction 61

GlobalTranz

DECEMBER 11, 2015

If your needs do not exceed LTL ( less than truckload shipment), consider a freight consolidation service or various shipping strategies. Last minute shipping is always expensive. For example, making sure the weight and freight class are in line with the carrier's class. Freight Saving Tip #2: Consider Consolidation Shipments.

Tips 55

Tips Freight Price Reduction Expense Reduction 55

GlobalTranz

DECEMBER 5, 2014

There is a strong relationship between mismanaged supply chains and transportation and loss of profits, as an effectively structured supply chain will reduce business operation expenses. For example, shipments changed from a Class 70 to a Class 150 could incur an additional fee. A Brief on Freight Classification.

Freight 97

Freight Negotiating Skills Expense Reduction Cost Reduction 97

GlobalTranz

JULY 25, 2016

For example, imagine the options at your disposal when you transition from having three carriers to review to 60. In other words, you don’t need to know the most expensive if the cheapest is first on the list. Better Alignment of Business Strategy With Goals of E-Commerce. Dashboarding Improves Communication in Your Operation.

Price Reduction 51

Price Reduction Negotiating Skills Cost Reduction Expense Reduction 51

SYSPRO Smarter ERP

MARCH 20, 2024

For manufacturers, having the right business intelligence on hand at the right time can eliminate the guesswork from decision making, offering real-time visibility into business processes so you can anticipate your next move. Eliminate reporting inconsistencies and data redundancy. Reduce data warehousing costs. Scarce manpower.

Manufacturing Procurement 105

Manufacturing Procurement Optimal Sourcing Expense Reduction Cost Reduction 105

GlobalTranz

JUNE 11, 2018

Meanwhile, full truckload are also rising, but full truckload rates may be less expensive than continuing to use LTL shipping options. For example, Zipline Logistics denotes these factors affecting freight rates and spend: Origin, destination and lane. As explained by Steven C. Market capacity. Seasonality Attractiveness of freight.

Negotiating Skills 74

Negotiating Skills Buyer Training White Paper 3PL 74

GlobalTranz

AUGUST 10, 2016

It is important to note the necessity to build strategy of company’s logistics system development and integrate it as a full-fledged component for not less than 10-15 years. Strategy and Planning for Effective Operations by Northwestern University. Operations Strategy . Short programs. 2) Supply Chain Management.

Supply Chain Planning Software 62

Supply Chain Planning Software Supply Chain Design Software Course Supply Chain Software 62

GlobalTranz

MARCH 13, 2015

Every aspect of your shipping will be displayed for you to develop new strategies from. These are just a few examples of how you can improve transportation management practices when you rely on the right technology solutions. You can use a TMS solution to get an accurate report on freight data, costs, speeds, and much more.

Logistics Network Optimization Software 95

Logistics Network Optimization Software Transportation Cost Reduction Price Reduction 95

GlobalTranz

DECEMBER 17, 2014

These myths obscure and mislead: among them are the misconceptions that EDI is expensive, complicated and not worth the investment. Myth: It’s Too Expensive. For example, on average the cost savings from automating a manually processes purchase order is $9.89, for an invoice is $11.58 and a remittance is $12.96.

Supply Chain Software 93

Supply Chain Software Sourcing Strategies Expense Reduction Cost Reduction 93

GlobalTranz

MAY 24, 2018

Per-order warehouse and supplies expenses , like labels, labor, boxes, and protective packaging, increasing the handling and overall shipping costs for parcels. The Guide to Reduce Parcel Shipping Costs thru Effective Transportation Management Practices.

Cost Reduction 48

Cost Reduction Handling Expense Reduction Inventory Reduction 48

SYSPRO Smarter ERP

FEBRUARY 22, 2024

An ERP system that incorporates a cutting-edge warehouse management system (WMS) can help you optimize processes, streamline workflows and decrease errors. Using alphanumeric logic can help you optimize simple picking strategies without having to implement a full-blown warehouse solution or warehouse mapping solution.

Manufacturing Procurement 116

Manufacturing Procurement Inventory Reduction Expense Reduction Waste Reduction 116

GlobalTranz

APRIL 8, 2016

You don’t have a strategy. Only 11% of companies without a documented content marketing strategy find their efforts to be successful, compared to 60% of companies with a strategy in place. And that number rises to 86% when the company designates someone to lead the strategy. You’re providing a bad user experience.

Logistics Network Optimization Software 51

Logistics Network Optimization Software Expense Reduction Supply Chain Design Software Supply Chain Planning Software 51

GlobalTranz

APRIL 26, 2016

Although our core focus is not on freight forwarding services, we still love to connect the community to providers and technology of value to shippers who are in the pursuit of efficiencies and resource reduction in order to remain competitive. Example of the massive decrease in dock workers as a result of containerisation.

Supply Chain Design Software 56

Supply Chain Design Software Logistics Network Optimization Software Modeling Software Cost Reduction 56

GlobalTranz

MARCH 23, 2017

For example, an act of terrorism may not necessarily qualify shipments for an exclusion. For example, today’s expensive products may cost more than the Carmack Amendment allows within its limits of liability. Yet, the burden to prove these actions can be difficult.

3PL 49

3PL Freight Negotiating Skills Purchasing Skills 49

Logistics Business Magazine

SEPTEMBER 29, 2021

The intralogistics and energy experts of the Hamburg-based intralogistics provider STILL gave a comprehensive overview of the different energy systems during a recent “Energy” webinar and explained the advantages and disadvantages of each system in a clear and hands-on way. Fuel cell systems. ” Summary.

Webinar 55

Webinar Optimization Software Presentation Purchasing Skills 55