Blue Grace Logistics

APRIL 24, 2023

By providing that level of cus­tomer support, 3PLs should be able to grow regardless of fluctuations in freight demand, Harris said, pointing to his own company as an example. Many of BlueGrace’s largest customers are seeing their inventories begin to diminish again, and there will come a time when they need to restock.

Supply Chain Software 62

Supply Chain Software Collaboration Supply Chains Inventory Reduction 62

Blue Grace Logistics

APRIL 26, 2019

In our March webinar, titled Time Definite Freight and Positive ROI , Brian Blalock, Senior Manager Sourcing Strategy, and Eric Chambers, Vice President, Field Performance at BlueGrace Logistics, discuss the delivery method that is redefining the logistics landscape. If not, then it can have a negative effect on both.

Definition 48

Definition Inventory Reduction Cost Reduction Optimal Sourcing 48

Blue Grace Logistics

NOVEMBER 28, 2023

Growers, shippers, and retailers with advanced supply chain strategies are earning consumer loyalty, thanks in part to the supply chain professionals who plan, execute, and adapt to the challenges posed by fresh produce. A perfect example of how the transitional seasons demand the produce supply chain is built to be nimble and adaptable.

Supply Chain Planning Software 62

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

Blue Grace Logistics

JULY 27, 2021

We explore how predictive analytics and big data with human sentiments can add value and amplify their supply chain strategies. Simple Examples of Predictive Analytics. Amazon shopping is a clear example of how your historical shopping trends are churned to predict what you would require in the future.

Procurement Analytics 62

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

AIMMS

MARCH 8, 2016

A recent report from Auburn University summarizes these changes quite neatly: Inventory – consumer demand for flexible delivery times and pick-up options is changing inventory management. Transportation capacity and cost: carriers are more selective about which retailers they work with and parcel pricing strategies are changing.

Cost Reduction 62

Cost Reduction Inventory Reduction Price Reduction Sourcing Strategies 62

Logistics Bureau

OCTOBER 24, 2022

How retailers are reevaluating post-pandemic inventory strategies. Digital Twins for Inventory and Supply Planning. For example, home improvement retail giant Lowe’s has begun testing Nvidia’s digital twin solution, Omniverse, in two US stores belonging to the chain. Inventory Rationalisation at Bunnings.

Supply Chain Planning Software 62

Supply Chain Planning Software Supply Chain Software Supply Chains Optimal Sourcing 62

AIMMS

MARCH 8, 2016

A recent report from Auburn University summarizes these changes quite neatly: Inventory – consumer demand for flexible delivery times and pick-up options is changing inventory management. Transportation capacity and cost: carriers are more selective about which retailers they work with and parcel pricing strategies are changing.

Optimal Sourcing 69

Optimal Sourcing Sourcing Strategies Cost Reduction Inventory Reduction 69

AIMMS

NOVEMBER 19, 2015

As we discussed in our recent Supply Chain webinar, this is not an easy task if you have a lot of fluctuating demand and uncertainty in your production process. Every business wants to achieve the optimal mix of customer service, smallest logistics cost and inventory carrying cost. The difference between good and great.

Production 70

Production Supply Chain Planning Software Scenario Planning Optimization Modeling 70

AIMMS

NOVEMBER 19, 2015

As we discussed in our recent Supply Chain webinar, this is not an easy task if you have a lot of fluctuating demand and uncertainty in your production process. Every business wants to achieve the optimal mix of customer service, smallest logistics cost and inventory carrying cost. The difference between good and great.

Production 62

Production Supply Chain Planning Software Optimization Modeling Scenario Planning 62

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 These are all examples of the effects production may have on the environment, in local communities, or on the people who grow and make what we sell.” Decades in the Making.

Supply Chain Planning Software 115

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

GlobalTranz

OCTOBER 5, 2015

Having the capability to track raw or finished materials and the associated features such as count, type and geographical data with the Internet of Things technology through an entire life cycle from a tier-n supplier to the final consumer will have a positive influence on inventory management, sourcing strategies and logistics costs.

Optimal Sourcing 111

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

GlobalTranz

FEBRUARY 6, 2018

a pair of jeans that didn’t come from a sweatshop, for example. It is designed to dramatically decrease the time required for any entity to convert assets, such as accounts receivable, real estate, inventory, equipment, and commodities into cash. Blockchain in supply chain changes that.

Supply Chain Design Software 164

Supply Chain Design Software Supply Chain Software Supply Chain Design Supply Chains 164

GlobalTranz

AUGUST 18, 2015

Companies based on assets have had years of experience in purchasing trucks and managing warehouse inventories. What Data Analytics and Business Process Strategy Services Are Offered? The ever-changing demands of the market and consumers result in a forecast for determining inventory needs.

Logistics Network Optimization Software 96

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

GlobalTranz

NOVEMBER 10, 2015

This includes improving processes in inventory management and saving space. For example, reducing excessive safety stock allows a warehouse to minimize number of reorders, reduce wasted space, and avoid issues in shipping errors. For example, an organization may use a subscription-based solution to expand into additional warehouses.

Supply Chain Planning Software 90

Supply Chain Planning Software Optimization Software Inventory Reduction Cost Reduction 90

GlobalTranz

JULY 13, 2015

Furthermore, this could lead to more than the requested number of product being included in shipment, which results in shrink of inventory. Distribution centers need to know how much additional inventory they may take on and where their current inventory lies. Monitor Warehouse Capacity. Identify Peaks in Warehouse Capacity.

Procurement Analytics 107

Procurement Analytics Distribution Inventory Reduction Resource Reduction 107

GlobalTranz

JULY 14, 2015

For example, a subtle change in hydraulic pressure may still permit the machine to operate. For example, a machine may need to have a specific part replaced every three months, but periods of increased demand could mean the manufacturing entity is placed at maximum capacity. Analysis of Trends and Recommendations.

Supply Chain Software 103

Supply Chain Software Supply Chains Manufacturing Procurement Scenario Planning 103

GlobalTranz

NOVEMBER 21, 2017

for example, used predictive analytics to make changes in their inventory processes and have since seen an increase in their production and purchase orders. The Cleo Integration Suite (CIS) , for example, promotes itself as an easy-to-use platform that can integrate seamlessly into your pre-existing software. Hanesbrand Inc. ,

Supply Chain Software 69

Supply Chain Software Procurement Analytics Supply Chains Data 69

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. An example might be a retailer who is managing inbound transportatio n. What is SaaS TMS & Introducing Hybrid SaaS TMS. Real Results.

Logistics Network Optimization Software 90

Logistics Network Optimization Software Modeling Software Optimization Software Expense Reduction 90

GlobalTranz

FEBRUARY 13, 2017

To meet this increased demands, more manufacturing and logistics partners are looking for ways to shorten product lifecycles through improving inventory management systems, changing shipping strategies and altering the fundamental ways products move from point A to point B. Autonomous Trucks Will Drive Logistics Forward.

Resource Reduction 82

Resource Reduction Trends Inventory Reduction Material Savings 82

GlobalTranz

AUGUST 18, 2016

Meanwhile, e-commerce is driving better forecasting capabilities and enhancing inventory management, which translates into better optimization of freight, inventory management processes and packaging needs. For example, a shipper’s sales team can work with other businesses in a B2B setting. The workforce is aging.

Supply Chain Planning Software 60

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

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. For example, Amazon is working tirelessly to get the two-hour delivery window open to its consumers. Consumers can get anything they want without ever leaving their home.

Manufacturing Procurement 108

Manufacturing Procurement Procurement Analytics Procurement Solutions Optimal Sourcing 108

GlobalTranz

APRIL 18, 2016

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. For example, a customer who simply ordered the wrong product may actually be close to another customer who ordered the incorrect, delivered item.

Waste Reduction 91

Waste Reduction Cost Reduction Inventory Reduction Resource Reduction 91

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

MAY 5, 2017

For example, crowdfunding and social media, reports Joe Birkedale of Catalyst , can be leveraged to judge a product’s success in advance of the actual manufacturing process. As a result, inventory can be effectively controlled and costs kept down. Product Manufacturing Ideation: Powered by Social Media & Crowdfunding.

Manufacturing Procurement 48

Manufacturing Procurement Production Cost Reduction Inventory Reduction 48

GlobalTranz

NOVEMBER 19, 2015

Strategic Logistics: 8 Steps to Controlling Inventory Flow & Driving Warehouse Efficiency. An Example of Data Collection and Metrics in Logistics and Transportation Management Program Processes. For example, incoming deliveries may be delayed due to inclement weather. We then are going in depth on each of the 10 listed.

Data 77

Data Sourcing Strategies Optimal Sourcing Transportation 77

GlobalTranz

AUGUST 6, 2015

This is a simplified example of the best practices for Return Merchandise Authorizations. Furthermore, this will allow the employees to monitor the inventory of the warehouse and reroute the item appropriately, especially if any part of the RMA information capture process was incorrect. Why Versus Quality.

Cost Reduction 89

Cost Reduction Expense Reduction Inventory Reduction Reverse logistics 89

GlobalTranz

NOVEMBER 12, 2015

Will an inaccurate picking result in one error for the original problem or two errors for sending an incorrect product and retaining the original, correct product in your inventory? For example, drivers are expected to arrive on time, maintain docking schedules, and avoid dead time.

Data 91

Data Vendor Strategies Logistics Network Optimization Software Expense Reduction 91

GlobalTranz

APRIL 17, 2017

It Maintains Inventory Control and Flow. How much inventory do you have right now? More importantly, modern TMSs can be integrated within existing ERP or warehouse management systems to provide greater visibility and accuracy in inventory control. Is it perishable, and are you sure it will be sold?

Supply Chain Software 49

Supply Chain Software Automation Efficiency Inventory Reduction 49

GlobalTranz

SEPTEMBER 4, 2015

In a Logistics Viewpoint survey , 50 percent of businesses reported sharing inventory across all channels or engaging in omni-channel practices. Additionally, the overwhelming majority, 98 percent, of businesses reported sharing inventory between online and retail locations.

Supply Chain Planning Software 106

Supply Chain Planning Software Supply Chain Software Supply Chains Logistics Network Optimization Software 106

GlobalTranz

FEBRUARY 7, 2017

For example, a manufacturer’s financial, warehousing, shipping and auditing information can be kept safely in one platform. Cloud-based systems are quickly replacing legacy enterprise resource planning (ERP) systems in manufacturing. The cloud enables automated updating without the pitfalls of downtime.

Supply Chain Design Software 76

Supply Chain Design Software Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Software 76

GlobalTranz

AUGUST 23, 2016

For example, a customer should be able to navigate your site more easily on a smartphone or tablet, and in fact, failure to optimize your site in this manner will result in a penalty against your site by Google. Inventory Management Is More Data-Based. Mobile commerce is also empowering better inventory management.

Supply Chain Design Software 53

Supply Chain Design Software Distribution Optimization Software Logistics Network Optimization Software 53

GlobalTranz

JANUARY 10, 2017

Consequently, all processes, including inventory management, logistics, data analytics and ongoing performance management, as reiterated by the staff of Supply Chain 24/7, improvement, can be optimized, creating a more efficient, direct and intelligent supply chain network.

Manufacturing Procurement 65

Manufacturing Procurement Optimal Sourcing Procurement Analytics Procurement Solutions 65

GlobalTranz

OCTOBER 27, 2017

To fully understand the formula, Current Assets include the cash you have in the bank, your current Accounts Receivable and your inventory. Factoring your accounts receivable is a popular way for manufacturers in the textile industry (for example) to mitigate cash flow gaps. your business may have. Look into factoring.

Supply Chain Planning Software 72

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

GlobalTranz

JANUARY 30, 2017

With that, they will have access to the object’s specs, location, inventory, and lead times. A very good example of this is the inspection of bracket installation in fuselage assembly when a tablet camera superimposes a virtual image of the as-designed assembly over the real as-built product. You Can Cut Down On Maintenance Time.

Industry 89

Industry Inventory Reduction Resource Reduction Cost Reduction 89

GlobalTranz

DECEMBER 4, 2015

Strategic Logistics: 8 Steps to Controlling Inventory Flow & Driving Warehouse Efficiency. 5 Engagement Strategies in Managing a Relationship With a Transportation Management 3PL. For example, employee A’s typical job duties may be lessened by a 3PL; discuss what other areas of your organization employee A may be interested in.

Inventory Reduction 53

Inventory Reduction Waste Reduction Resource Reduction Tips 53

GlobalTranz

JUNE 10, 2015

For example, if the receiving department handles the paperwork or incoming shipment incorrectly, the claims department will be unable to collect reimbursement for the damaged shipment. A carrier isn’t going to remove charges because of a holiday for example. #3: It really is a big thing.

Purchasing Skills 100

Purchasing Skills Price Reduction Logistics Network Optimization Software Tips 100

GlobalTranz

JANUARY 13, 2016

The Internet of Things Will Increase and Benefit Real Time Inventory Management. As a result, logistics providers will be able to track inventory faster and more efficiently, which will reduce the amount of time required in shipping processes. Nearshoring also allows manufacturers and logistics provider is to save money.

Trends 63

Trends Industry Logistics Network Optimization Software Inventory Reduction 63