GlobalTranz

SEPTEMBER 12, 2016

Many different terms, such as less-than-truckload (LTL), procurement and transportation management, describe supply chain management processes. For example, transportation management often focuses on the journey of products after manufacturing. The Definition of Procurement Logistics. Purchased parts and similar items.

Manufacturing Procurement 101

Manufacturing Procurement Procurement Solutions Procurement Analytics Optimal Sourcing 101

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. We relay on guest bloggers and the expertise of others for manufacturing best practices. His 5 golden metrics center on performance management.

Manufacturing Procurement 99

Manufacturing Procurement Procurement Analytics Optimization Software Optimization 99

GlobalTranz

APRIL 20, 2018

In the decades that have followed, the emphasis on adopting eco-friendly practices, implementing sustainability measures, and protecting the environment has continued to grow, gaining traction across diverse industries , sectors, and settings — including the manufacturing world. Sustainable manufacturing can also be very cost-effective.

Manufacturing Procurement 78

Manufacturing Procurement Waste Reduction Material Savings Cost Reduction 78

GlobalTranz

JUNE 30, 2017

Manufacturers have always struggled to know their customers. Unfortunately, this means manufacturers face an even greater challenge, as more customers translate into greater use of customer service. But, how do manufacturers turn their focus to the customer experience? Determine What Customers Want Today.

Manufacturing Procurement 82

Manufacturing Procurement Procurement Analytics After-sales Price Reduction 82

GlobalTranz

JANUARY 17, 2017

Newer technologies have created entirely new methodologies for improving manufacturing, and the outlook is brighter than ever. So, let’s take a look at how our predictions for the first four manufacturing technology trends (Predictive analytics, 3D Printing, and VR) to watch for in 2016 stacked up. VR tends to replace the entire image.

Manufacturing Procurement 82

Manufacturing Procurement Procurement Analytics Expense Reduction Material Savings 82

Blue Grace Logistics

OCTOBER 7, 2021

Only with complete transparency is it possible to increase efficiency and meet sustainability goals in the future. . Understanding the suppliers’ perspective can make decision-making easier to meet environmental ambitions of shippers. Furthermore, supply chain visibility enables more efficient shipping operations.

Waste Reduction 62

Waste Reduction Optimal Sourcing Meeting Supply Chain Planning Software 62

EazyStock

FEBRUARY 17, 2021

Inventory Replenishment Strategies to Boost Profitability. For manufacturers, running out of raw materials can lead to delays in production, while wholesalers and retailers can experience a short-term drop in sales and longer-term issues with customer attrition. 5 Inventory Replenishment Strategies to Increase Profits.

Inventory Reduction 75

Inventory Reduction Material Savings Price Reduction Cost Reduction 75

Logistics Viewpoints

OCTOBER 10, 2022

This global, Tier 1 manufacturer is headquartered in Stockholm and had revenues of over $8 billion last year. in turn, is a boutique procurement consultancy. The company works hard to meet the demanding requirements for quality, innovation, and cost from their OEM customers. The implementation was not trivial.

Supply Chain Planning Software 134

Supply Chain Planning Software Supply Chain Software Supply Chains Optimal Sourcing 134

GoShip Blog

FEBRUARY 7, 2023

Over the years, marketing strategies have evolved with the times, the advent of technology, and changes in consumer behavior. Why a Solid Marketing Strategy is Important A marketing strategy refers to a business’s action plan for achieving its short and long-term goals and developing a sustainable competitive advantage.

Waste Reduction 52

Waste Reduction Price Reduction Resource Reduction Expense Reduction 52

Conger

MARCH 22, 2024

This new idea has become a big part of the modern business world, revolutionizing how goods are transported within warehouses and manufacturing plants through automated guided vehicles (AGVs). Here is a quick look at some types you might meet on your next factory tour. AGV Navigation Technology How Do AGVs Navigate?

Materials Handling 79

Materials Handling Material Savings Supply Chain Software Cost Reduction 79

GlobalTranz

MAY 5, 2017

The only certainty in manufacturing is uncertainty. Markets change, consumers decide to purchase different products and economies fail. Enter: Product Manufacturing Ideation. . Product Manufacturing Ideation: Powered by Social Media & Crowdfunding. Crowdfunding Eliminates Funding Risks in Manufacturing.

Manufacturing Procurement 48

Manufacturing Procurement Production Cost Reduction Inventory Reduction 48

GlobalTranz

JANUARY 10, 2017

From artificial intelligence to refocusing on procurement, the state of supply chain continued to explode throughout 2016, and you need to understand why. The move to agile supply chain management inherently required more data sources than traditional supply chains, reports GT Nexus. The State of Supply Chain 2016 Trends.

Manufacturing Procurement 65

Manufacturing Procurement Optimal Sourcing Procurement Analytics Procurement Solutions 65

Conger

MARCH 22, 2024

This new idea has become a big part of the modern business world, revolutionizing how goods are transported within warehouses and manufacturing plants through automated guided vehicles (AGVs). Here is a quick look at some types you might meet on your next factory tour. AGV Navigation Technology How Do AGVs Navigate?

Materials Handling 75

Materials Handling Material Savings Supply Chain Software Cost Reduction 75

Logistics Bureau

MAY 30, 2022

Our three pillars (or fundamentals) of great supply chain management excellence are strategy, service, and cost. Aligning strategy, service, and financial factors in your supply chain operation is essential to support your company’s overall business strategy , mission, and objectives. The Importance of Alignment.

Inventory Reduction 112

Inventory Reduction Cost Reduction Price Reduction Supply Chain Planning Software 112

Locus

JUNE 23, 2023

So, knowing more about order fulfillment, its importance, process, and strategies is critical. It is necessary for warehouse staff to check if items are safely packed and well-protected during transit and meet shipping requirements like weight size or size limits. So there is no fixed rule for selecting the order fulfillment strategy.

Inventory Reduction 52

Inventory Reduction Cost Reduction Resource Reduction Vendor Strategies 52

Ship Monk

APRIL 5, 2024

The fact is, most business owners think of procurement as nothing more than a transactional relationship. Of course, it wouldn’t be a business strategy if there weren’t a couple more acronyms to learn. Shipping delays, labor shortages, and manufacturing shutdowns can wreak havoc on your business, as can deteriorating product quality.

Negotiate Pricing 82

Negotiate Pricing Negotiating Skills eCommerce Purchasing Skills 82

SYSPRO Smarter ERP

APRIL 13, 2022

Just as manufacturers and distributors were starting to climb out of the ‘COVID hole’, they’ve been knocked back in. Unpacking expected disruptions across the supply chain for manufacturers and distributors. This will in turn impact manufacturing operations up- and downstream as much as raw material mining.

Supply Chain Planning Software 111

Supply Chain Planning Software ERP Supply Chain Software Price Reduction 111

GlobalTranz

FEBRUARY 27, 2015

Editor’s Note: Today we are featuring this guest post from Find Accounting Software as it covers a subject we are also interested in, Manufacturing Technology which makes businesses more efficient. Earlier identification of product manufacturing issues. on using JustFoodERP at their food manufacturing company.

Manufacturing Procurement 110

Manufacturing Procurement ERP Logistics Network Optimization Software Procurement Solutions 110

SYSPRO Smarter ERP

DECEMBER 20, 2021

Globally linked economies, tight competition, and emerging markets all force constant review of production goals, suppliers, and long-term strategies. The automotive industry sets some of the highest quality standards in manufacturing, driven by a need to ensure safety and a desire to control costs. Meet compliance mandates. .

ERP 105

ERP Supply Chain Design Software Manufacturing Procurement Tracking and Tracing 105

Logistics Bureau

DECEMBER 4, 2023

Inventory management is a crucial aspect of supply chain management, and effective strategies can help businesses reduce costs, improve customer service, and increase profits. But what does a great inventory management strategy look like? As you can deduce from Amazon’s example, there is no standard for an optimal warehouse layout.

Inventory Reduction 87

Inventory Reduction Eliminating Excel in Purchasing Inventory Waste Reduction 87

Conger

APRIL 1, 2024

Continue reading to learn more about this essential strategy to ensure your equipment performs optimally at all times. Examples include cleaning and lubricating the moving parts or replacing parts before they wear out. The secret to achieving efficiency lies in adopting robust maintenance strategies. Let’s dive in!

Material Savings 82

Material Savings Expense Reduction Resource Reduction Cost Reduction 82

Logistics Viewpoints

JANUARY 26, 2021

While lean manufacturing and just-in-time were game-changing concepts when they were introduced, agility and resilience must be taken to an entirely new level post pandemic. To meet customers’ growing expectations for personalized offerings, the typical company’s product lines have grown exponentially.

Supply Chain Software 161

Supply Chain Software Supply Chain Planning Software Definition Supply Chains 161

Logistics Viewpoints

DECEMBER 5, 2022

The fact that most manufacturers struggled to achieve supply chain agility during COVID is not news. But Molex, a global electronics and connectivity solutions company, has been investing in their intelligent digital supply chain strategy to improve their supply chain agility and customer experience. The Molex Supply Chain.

Supply Chain Planning Software 118

Supply Chain Planning Software Manufacturing Procurement Optimal Sourcing Inventory Reduction 118

GlobalTranz

AUGUST 17, 2015

A vigorous supplier relationship management (SRM) strategy can assist organizations in maximizing partnership value, minimize risk, and manage costs through the entire supplier relationship lifecycle. In May, 2014 Raytheon gathered a group of its largest suppliers in Boston, MA to discuss the launch of the company’s Supplier Advisory Council.

Sourcing Strategies 98

Sourcing Strategies Price Reduction Vendor Strategies Cost Reduction 98

WorkWave

AUGUST 25, 2022

These leads can be qualified or unqualified, coming from various sources. Targets will help you create a more direct and effective strategy and ensure that you’re not wasting time or resources on unrelated efforts. It’s critical to think about how you will retain customers after they make a purchase. Easy Website Navigation.

Resource Reduction 52

Resource Reduction Waste Reduction Cost Reduction Sourcing Strategies 52

Logistics Business Magazine

JULY 28, 2022

On top of this, businesses struggled with both sourcing and receiving products. With such high dependence on China for the manufacturing of products around the world, businesses experienced a shortage of products and loss of sales because of the inability to fulfil customer needs as it became harder to import goods from China.

Supply Chain Planning Software 67

Supply Chain Planning Software Supply Chain Software Supply Chains Manufacturing Procurement 67

GlobalTranz

MARCH 23, 2016

These teams and people meet daily in a “huddle” to discuss previous day goals and actual results. For example, if your strategy is to improve Quality, the people in the value stream would own a control chart of heat applied to the product. People then share experiences with each other in daily cross-functional Lean teams.

Manufacturing Procurement 54

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software Optimal Sourcing 54

Logistics Business Magazine

APRIL 23, 2021

The global pandemic has placed a spotlight on the fragility of modern supply chains and manufacturing processes. And with that, everything moved online, from seniors buying their groceries with a mobile app to kids attending virtual school through to the continual scheduling of Zoom meetings. The demand on ecommerce was staggering.

Supply Chain Software 64

Supply Chain Software Manufacturing Procurement Automation Supply Chain Design Software 64

Logistics Bureau

NOVEMBER 16, 2020

It touches many departments, from production, procurement, shipping, accounting, and finance to marketing, warehousing, research and development, and sales. For example, a member of the sales team could apply to become a purchasing agent, based on her experience of negotiating sales deals. Networking.

Supply Chain Planning Software 115

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

Locus

JANUARY 2, 2023

Imagine your customer purchased a refrigerator and scheduled a two-hour window out of her busy schedule for its installation. There are two proven strategies to be on time whether you schedule appointments or deliveries: forward and backward scheduling. . Let’s say that you are a manufacturer. We will use the same example.

Material Savings 52

Material Savings Inventory Reduction Resource Reduction Optimization Software 52

SYSPRO Smarter ERP

JANUARY 12, 2022

Procurement in manufacturing companies is often not done correctly. With direct and indirect materials making up at least 50% of typical manufacturing costs, the procurement function could be re-imagined so companies can be more responsive to customer demands and more agile when dealing with supply chain challenges.

Manufacturing Procurement 105

Manufacturing Procurement Optimal Sourcing Procurement Solutions Supply Chain Planning Software 105

Logistics Viewpoints

NOVEMBER 21, 2022

Because of the food giant’s size, their sustainability strategy also is very broad. 294 manufacturing facilities produced more than 90 million metric tons of food and beverage in 2021. Scope 1 emissions include direct emissions from the company’s owned and controlled sources. PepsiCo’s Internal Supply Chain.

Food and Agriculture 113

Food and Agriculture Supply Chain Planning Software Supply Chain Design Software Purchasing Skills 113

ShipLilly

FEBRUARY 12, 2021

The coming months are going to be a real test of the shipping industry in terms of how it can manage capacity and coordinate to meet the needs of customers. Chinese factories are facing challenges of meeting excessive orders that are way beyond their current capacity. The statistics are startling. Contract Extensions.

Analysis 105

Analysis Manufacturing Procurement Purchasing Skills Price Reduction 105

Logistics Viewpoints

JUNE 6, 2022

Transportation is, of course, a major source of green house emissions. A transportation management system (TMS) allows a shipper or carrier to plan the most cost-effective set of shipments that meets service level goals. Unilever is one of the world’s largest food manufacturers. That is more than any other sector.

Cost Reduction 134

Cost Reduction Price Reduction Supply Chain Planning Software Scenario Planning 134

ShipLilly

JUNE 9, 2021

For example, the lack of pallets has a tremendous effect on the supply chain for many companies. Lumber price increments have exponential impacts on the cost of manufacturing wood pallets. Manufacturers are passing on these costs by way of increased asking prices. The first strategy involves using reclaimed lumber.

Price Reduction 98

Price Reduction Expense Reduction Material Savings Sourcing Strategies 98

Logistics Business Magazine

MARCH 2, 2022

The company initially manufactured workwear. When a certain Albert Sefranek married the founders’ daughter, Erika Hermann, in 1945, it was him who had the idea to manufacture jeans instead. In 1989, for example, the company obtained the license for JOOP! jeans, ending in 2003 with the sale of the JOOP!

Supply Chain Planning Software 56

Supply Chain Planning Software Supply Chain Software Supply Chains Procurement Solutions 56

SYSPRO Smarter ERP

MAY 14, 2024

The increasing transition from traditional sales channels to digital commerce isn’t breaking news for manufacturers. It’s a strategic move you’ve likely pondered over countless meetings and budget reviews. Over the past three to five years in particular, more manufacturers have identified or accelerated their eCommerce plans.

Manufacturing Procurement 104

Manufacturing Procurement eCommerce Supply Chain Planning Software Optimization Software 104