GlobalTranz

JANUARY 17, 2017

According to Sundeep Sunghavi, the use of predictive analytics will save approximately $630 billion in the manufacturing industry over the next 15 years. Of course, reports Predictive Analytics Times , analytics also possess potential to change how companies obtain the raw materials for their products.

Manufacturing Procurement 82

Manufacturing Procurement Procurement Analytics Expense Reduction Material Savings 82

FourKites

DECEMBER 9, 2020

It occurs to me that this is not a problem that’s limited to supply chain visibility technology, or even to the supply chain industry as a whole. Smithfield Foods is one such example. It’s important to note that this advice isn’t just limited to supply chain visibility technology, nor even to the supply chain industry in particular.

Modeling Software 52

Modeling Software Supply Chain Software How To Gartner 52

Blue Grace Logistics

APRIL 11, 2021

Grocers, for example, had to quickly implement new digital processes for customers to order and pickup orders. All of this and more has moved the transportation and logistics industry in many different directions, he said, in ways that “nobody could have anticipated.”. Things change so quick in this industry.”.

Supply Chain Planning Software 62

Supply Chain Planning Software Supply Chain Software Digital Logistics Network Optimization Software 62

Blue Grace Logistics

JULY 27, 2021

Simple Examples of Predictive Analytics. Predictive analytics is used in every industry. It can answer questions like how much peanut butter to stock. The analysis can identify how much to sell a flight ticket for or how much demand would be there for a hotel room. Check out our July Webinar!

Procurement Analytics 62

Procurement Analytics Supply Chain Planning Software Supply Chain Software Supply Chain Design Software 62

GlobalTranz

SEPTEMBER 19, 2016

They discuss what it takes to create green industrial and manufacturing facilities from scratch. Creating Green Industrial and Manufacturing Facilities From Scratch. We live in a very well-informed world, so at this point, it’s clear that industrial practices can cause some serious environmental harm. that require attention.

Manufacturing Procurement 87

Manufacturing Procurement Material Savings Resource Reduction Industry 87

GlobalTranz

JUNE 24, 2016

Yet, the fundamental ideas remain similar and different concurrently, and as a shipper, you need to understand what gainsharing is and is not, how it can impact your business and what it means for the industry. That example just seems wrong, but it is the exact reason that gainsharing has drawbacks. The Big Picture.

Price Reduction 51

Price Reduction Logistics Network Optimization Software Cost Reduction Modeling Software 51

GlobalTranz

JULY 24, 2015

The steering committee, whose members are among the nation's leaders in industry, academia, and labor, was a working group of the President's Council of Advisors on Science and Technology. Twitter Facebook Google+ LinkedIn The post [INFOGRAPHIC] Effective Supply Chain Management In Manufacturing Key to Revival of Industry in U.S.

Manufacturing Procurement 114

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software Supply Chains 114

Blue Grace Logistics

NOVEMBER 28, 2023

A perfect example of how the transitional seasons demand the produce supply chain is built to be nimble and adaptable. Year after year, industry veterans develop a “sixth sense” for timing, identifying gaps in supply, and understanding the disruptive effects that accompany these transitional periods.

Supply Chain Planning Software 62

Supply Chain Planning Software Supply Chain Software Supply Chains Waste Reduction 62

GlobalTranz

MARCH 7, 2017

Industry 4.0 Michelin, for example, is helping truck fleet managers reduce fuel consumption and costs through their new hybrid product. After analyzing the data Michelin can offer advice on how to improve efficiency. But to get to this point it is crucial to build a nervous system for robots through sensors.

Cost Reduction 74

Cost Reduction After-sales Case Study Presentation 74

Blue Grace Logistics

JULY 21, 2020

Understanding the nuances of your supply chain and how to improve upon it is the best way to achieve maximum savings, optimize efficiency, and manage customer expectations. For example, technology helps to maximize efficiency and, in turn, increase profitability.

Optimal Sourcing 62

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

GlobalTranz

NOVEMBER 11, 2015

We are all now familiar with the concept of the Internet of Things and if you take the manufacturing industry, for example, many manufacturers are now widely operating in an increasingly connected environment and making the most of the Industrial Internet of Things. Are you a target for hackers?

Security 92

Security Networks Picking Webinar 92

GlobalTranz

APRIL 18, 2016

This lead to benefits for today’s e-commerce retailers and those in the B2B industrial space who may have common orders. . For example, small-business e-stores have managed to create environments that allow customers to see inventory in real time, reducing problems with excessive ordering.

Waste Reduction 91

Waste Reduction Cost Reduction Inventory Reduction Resource Reduction 91

GlobalTranz

SEPTEMBER 28, 2016

How to Track Performance. Here are few examples which I used: Focus Supplier improvement results (DPPM and/or OTD with min. Here are few examples which I used: Focus Supplier improvement results (DPPM and/or OTD with min. How to Manage Performance. Every business has their set of metric which they want to focus on.

Supply Chain Planning Software 89

Supply Chain Planning Software Supply Chain Software Supply Chains Scenario Planning 89

GlobalTranz

JULY 14, 2015

The Internet of Things (IoT) seems to be popping up in more conversations throughout the entire supply chain , and more businesses have turned towards IoT experts for guidance on how to take advantage of its benefits. The Internet radically changed how the world communicates.

Supply Chain Software 103

Supply Chain Software Supply Chains Manufacturing Procurement Scenario Planning 103

GlobalTranz

APRIL 1, 2015

Those in the trucking industry may finally get that big pay raise they’ve been wanting for decades. While there is little doubt that truckers deserve a pay raise, nor that it will indeed take place, the issue for logistics firms is in understanding how to brace for impact. The Trucking Industry in Crisis.

Cost Reduction 110

Cost Reduction Trucking Transportation 3PL 110

GlobalTranz

SEPTEMBER 5, 2017

Parcel dimensional weight and pricing have become standard in the shipping industry. But, many shippers continue to fret over how dimensional pricing ( DIM Pricing ) will impact their bottom lines. However, DIM pricing is not a fad or something to fear if you know what it means and how to calculate it. Consider this example.

Packaging 61

Packaging Negotiating Skills Price Reduction Expense Reduction 61

GlobalTranz

AUGUST 18, 2015

With an ever-increasing pool of third-party logistics (3PL) providers to outsource shipping needs to, understanding how to select the best 3PL is the difference between reaching your existing customers and gaining a new market share. Managed IT services are one of the most commonly misconstrued aspects of a 3PL service provider.

Logistics Network Optimization Software 96

Logistics Network Optimization Software Procurement Analytics Inventory Reduction Supply Chain Software 96

GlobalTranz

MAY 4, 2016

Most industry experts rate the cost of logistics as very costly. However, if you know what critical freight management KPIs or key performance indicators to track, you can know exactly how to change processes to decrease costs, which will result in savings for the end user. Identifying ways to improve the system can be complicated.

Sourcing Strategies 60

Sourcing Strategies Freight Procurement Analytics Cost Reduction 60

GlobalTranz

MAY 25, 2018

Everything is connected to the internet, including consumer and industrial devices and systems. For example, auto-lighting LEDs, RFID, and handheld scanners can help pickers ensure the right item is picked every time. The internet allows for unlimited scalability and boosted efficiency in warehouse inventory management.

Inventory Reduction 50

Inventory Reduction Supply Chain Planning Software Inventory Supply Chain Software 50

GlobalTranz

AUGUST 9, 2017

Today, it has become one of the largest sectors within the shipping industry, and shippers are looking for ways to squeeze better profit margins from carriers and the consumers. For example, a carrier’s fuel surcharge may vary from week to the next. Standard parcel shipping is evolving. Service Charges.

Negotiating Skills 49

Negotiating Skills Price Reduction Cost Reduction Waste Reduction 49

GlobalTranz

JUNE 17, 2016

In other words, using Carrier A to ship freight that weighs X pounds at an example cost of $100 could be cheaper than the cost of trying to get a cheaper price by incorrectly giving Carrier B the weight and sizes of X pounds that would cost $90. What Does It Mean for the Shipping Industry?

Negotiating Skills 54

Negotiating Skills Freight Cost Reduction Price Reduction 54

GlobalTranz

DECEMBER 22, 2017

As the shipping industry prepares to face these challenges, figuring out how to take advantage of available shipping capacity can be challenging. However, shippers can help overcome the challenges of a shipper capacity crunch by considering how technology can help.

Capacity 70

Capacity Logistics Network Optimization Software Cost Reduction Vendor Strategies 70

GlobalTranz

SEPTEMBER 8, 2015

This is the first post in a four-part series on how to achieve best in class shipper status. To have the best value per mile in transportation and shipping, a given shipper must have a working knowledge of how shipping processes operate. Analytics remains a chief concern of businesses in all industries around the globe.

Cost Reduction 93

Cost Reduction Expense Reduction Supply Chain Planning Software Optimization Software 93

GlobalTranz

NOVEMBER 10, 2015

While logistics had remained the same for decades, the rise of modern civilization has transformed the industry. Recently we read from Software Advice their recent report, the 3PL budgeting guide , which listed how much should a 3PL budget and how to compare a Warehouse Management System. Type of Industry.

Supply Chain Planning Software 90

Supply Chain Planning Software Optimization Software Inventory Reduction Cost Reduction 90

GlobalTranz

FEBRUARY 6, 2017

For example, Johnson & Johnson procurement professionals actively review market trends before making purchases. For example, Walmart and Kmart redesigned their mobile e-commerce interface for consumers, making shopping and purchasing online easier and integrated with major companies.

Supply Chain Planning Software 73

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

WorkWave

AUGUST 25, 2022

Someone has expressed interest in your product or service by filling out a form on your website, attending a webinar or seminar, or responding to an ad. Lead generation refers to how your business obtains leads for your sales team. Keep reading to learn more about how to get HVAC leads. A lead is a potential customer.

Resource Reduction 52

Resource Reduction Waste Reduction Cost Reduction Sourcing Strategies 52

GlobalTranz

OCTOBER 17, 2016

It may also be worthwhile for a driver to speak to another industry professional to gain some insight into their traveling. For example, if sleet, snow or ice will be a possible road condition, drivers may be able to modify their trip and their timing to best suit their loads or to accommodate best for safety.

Trucking 88

Trucking Resource Reduction Webinar Inbound 88

GlobalTranz

JUNE 13, 2016

The shipping industry saw growth and expansion in 2014 when compared to the state of the industry since 2008. Unfortunately, the capacity crunch is real, and shippers need to know how to face the prospects of a slower 2016 to stay competitive and meet the demands of their customers and partner businesses. Fleets Are Expanding.

Capacity 49

Capacity Cost Reduction Price Reduction Waste Reduction 49

GlobalTranz

AUGUST 7, 2017

Why are there still leftovers of prejudices, which prevent smart women from becoming a highly appreciated specialist in the logistic industry? How to attract new graduates to the fiel d? . On the example of the UK, it is clear, that the diversity problem still exists in this field. Career opportunities for Women in Logistics

Supply Chains 71

Supply Chains Logistics Network Optimization Software Operations Logistics 71

GlobalTranz

JUNE 6, 2017

In this mini blog series on, Fergus will teach us about the Internet of Things; What is the Internet of things, how it works, how to use it, and what risks may occur. The benefits of the IoT are first and foremost found in industry. Editor's Note: Today's blog is by Fergus O'Sullivan with Cloudwars.net. We hope you enjoy.

Video 72

Video Cost Reduction After-sales Blog 72

GlobalTranz

JUNE 30, 2015

Unfortunately, these events lead to one common issue: millennials do not view the manufacturing industry as previous generations did. For example, a position as a welder, which may be involved in manufacturing, sounds much more lucrative as a “metal repair shop” than a “mass-production manufacturer.”

Ordering 108

Ordering Buyer Training Logistics Network Optimization Software Expense Reduction 108

GlobalTranz

OCTOBER 27, 2017

For Custer to successfully manage his working capital needs to accommodate his longer lead times (which can be six to nine months), in addition to his manufacturing processes, he has to pay close attention to his new product development plans and how he manages his inventory of raw materials. Look into factoring.

Supply Chain Planning Software 72

Supply Chain Planning Software Supply Chain Software Supply Chains Material Savings 72

GlobalTranz

AUGUST 4, 2015

Editor's Note: As a third party logistics company with a focus on better Less-Than-Truckload (LTL) freight management, we have several shippers who are in the manufacturing industry. So how do you ensure that your time and resources are focused on the right things?

Manufacturing Procurement 99

Manufacturing Procurement Procurement Analytics Optimization Software Optimization 99

GlobalTranz

JUNE 22, 2015

As a company that makes specialized magnetic whiteboards, Magnatag works with employees who are implementing lean programs in a variety of industries. To find out more information about the examples in this post, please visit Magnatag Visible Systems website. Mieruka : The Four Different Types of Lean Visuals with Examples.

Examples 94

Examples Definition Waste Reduction Reliability 94

GlobalTranz

APRIL 28, 2016

How Will Freight Invoice Consolidation Impact the Industry? This is not good business, nor is it fair, and it could easily account for a significant portion of the trucking-related costs in the industry. The logistics industry can survive on this notion, but it cannot thrive.

Cost Reduction 51

Cost Reduction Resource Reduction Price Reduction Expense Reduction 51

GlobalTranz

MARCH 30, 2016

For example, value-added service may include perks when shipping a large quantity of products on a recurring basis. Other value-added services may include industry expertise and training programs for partners within the given network. Collaboration between 4PLs and shippers also helps to safeguard against uncertainties in the industry.

Collaboration 54

Collaboration Logistics Network Optimization Software Purchasing Skills Buyer Training 54

GlobalTranz

SEPTEMBER 16, 2016

For example , if your prime business time is at Christmas, using 3PL will allow you to increase the scale of your business during this busy time period and reduce the size of your operations during the summer months. How To Choose The Right 3PL Provider For You. . Does the 3PL have high-quality industry references?

3PL 101

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