GlobalTranz

MAY 17, 2017

In other words, politics can lead to tax benefits and incentives for companies that abandon waste-producing practices or work to reduce their carbon footprints. Essentially, creating and implementing a sustainability strategy is the only long-term solution companies have to avoid possible compliance violations. Reduce costs.

Waste Reduction 73

Waste Reduction Cost Reduction Vendor Strategies Resource Reduction 73

GlobalTranz

FEBRUARY 13, 2017

The need for more raw materials is echoed by Nishith Rastogi of Entrepreneur Media as more products are tossed out in favor of the next best thing. As explained by Zvi Schreiber, CEO of Freightos, saving time for end users will be the cornerstone of all logistics operations in 2017. Autonomous Trucks Will Drive Logistics Forward.

Resource Reduction 82

Resource Reduction Trends Inventory Reduction Material Savings 82

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. According to Sundeep Sunghavi, the use of predictive analytics will save approximately $630 billion in the manufacturing industry over the next 15 years.

Manufacturing Procurement 82

Manufacturing Procurement Procurement Analytics Expense Reduction Material Savings 82

GlobalTranz

JUNE 23, 2015

Those changes, along with high costs of transporting materials and finished goods to and from overseas locations, make the value of reshoring likely to become a compelling financial reality for many manufacturers. manufacturers hurried to produce off-shore, believing significant cost reductions and huge profits would follow.

Cost Reduction 104

Cost Reduction Expense Reduction Inventory Reduction Material Savings 104

GlobalTranz

SEPTEMBER 28, 2016

3) Reduce Supply Base Risk by the Effective Application of Focused Systemic Improvements and Risk Factor Analysis. . Closure rate/time for Defective Material Report. 50% improvement) min.

Supply Chain Planning Software 89

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

GlobalTranz

OCTOBER 27, 2017

This can be disastrous for manufacturers that need to purchase raw materials to produce their products. No raw materials equals no manufactured goods equals no profits. Offer prompt payment discount terms to your customers. Unfortunately, it’s possible for a growing, healthy-looking business to be cash poor. Look into factoring.

Supply Chain Planning Software 72

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

GlobalTranz

FEBRUARY 27, 2018

Manufacturers need to have the right raw materials and supplies available. Manufacturers can tap into the raw materials of one country and produce products in another, while customers continue to exist in an entirely third country. Executives Seek to Lead by Example. Procurement must never be an afterthought in any enterprise.

Manufacturing Procurement 66

Manufacturing Procurement Supply Chain Planning Software Optimal Sourcing Supply Chain Software 66

AIMMS

FEBRUARY 9, 2017

Perhaps most importantly, changing your strategy is nearly impossible. Let’s take an example from one of our clients in manufacturing. The company was using spreadsheets to source its materials. Take production planning tools, for example. A global carrier, for example, used our technology to optimize their network.

Supply Chain Planning Software 78

Supply Chain Planning Software Optimization Software Modeling Software Optimal Sourcing 78

GlobalTranz

AUGUST 21, 2015

Discounted Rates at General Rate Increases. However, existing consumers may receive extensive discounts in general rate increases , or they may not have to pay additional charges if they add to their current monthly shipping needs. For example, a negative relationship could lead to a carrier refusing to include your company.

Negotiating Skills 94

Negotiating Skills Purchasing Skills Material Savings Manufacturing Procurement 94

GlobalTranz

SEPTEMBER 9, 2015

In today's ever more complex supply chain riddled with thousands upon thousands of processes, shipping freight has moved beyond tactical prowess for those who execute well and has evolved to now include strategic, innovative, and collaborative efforts to maintain not only a competitive edge but reduce overall transportation cost footprint.

Negotiating Skills 93

Negotiating Skills Collaboration Material Savings Freight 93

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

GlobalTranz

JANUARY 18, 2017

Machine learning is inextricably linked to the use of robotics and automated systems, and according to the National Institute of Standards and Technology, the use of robotics and automation in 2016 saved $57.4 For example, replacement parts and machine-to-machine connectivity must be easily accessible. billion and $40.1 Industry 4.0

Manufacturing Procurement 58

Manufacturing Procurement Supply Chain Software Optimal Sourcing Procurement 58

GlobalTranz

MAY 21, 2015

Everything from sourcing raw materials, manufacturing, to the sales channels which feed supply for a finished product are essential factors. 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.

Supply Chain Planning Software 100

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

AIMMS

FEBRUARY 9, 2017

Perhaps most importantly, changing your strategy is nearly impossible. Let’s take an example from one of our clients in manufacturing. The company was using spreadsheets to source its materials. Take production planning tools, for example. A global carrier, for example, used our technology to optimize their network.

Supply Chain Planning Software 62

Supply Chain Planning Software Modeling Software Optimization Software Supply Chain Software 62

GlobalTranz

MARCH 27, 2017

For example, liquids could spill. Heavy items could fall onto other packages, and hazardous materials could spread to other shipments. For example, a broken bottle of ethanol could become a fire hazard and damage other items on the same pallet. Impact Protection Reduces Risk For Fragile Contents.

Freight 79

Freight Material Savings Packaging Packing 79

GlobalTranz

SEPTEMBER 11, 2015

For example, a shipper should consider fuel cost forecasts when creating a budget for LTL transport. Ultimately, the supply chain is reflection of hundreds of processes that work together for a common purpose, or the transport of goods and materials from Location A to Location B. Management of Incoming Freight. Carrier Selection.

Material Savings 94

Material Savings Cost Reduction Freight Resource Reduction 94

GlobalTranz

JANUARY 13, 2015

Today’s increasingly automated and software driven industries have reduced human intervention to pressing only a few buttons in some cases. Within a few years, the technology has evolved so much that it is now possible to produce almost any component using metal, plastic, mixed materials and even human tissue.

Logistics Network Optimization Software 115

Logistics Network Optimization Software Cost Reduction Waste Reduction Material Savings 115

GlobalTranz

FEBRUARY 3, 2016

Manufacturers must receive raw material inbound and send out product to customers outbound. To add insult to injury, as manufacturers, right now must do all they can to have efficient logistics processes in order to reduce overall costs. Unfortunately, a company’s size does not equal cost reductions.

Cost Reduction 54

Cost Reduction Price Reduction Waste Reduction Material Savings 54

GlobalTranz

OCTOBER 20, 2016

Manufacturers must think about new ways to reduce overhead and eliminate downtime in their factories, such as creating proactive maintenance plans and better allocation of resources. For example, companies can implement new programs and create new resources that meet the demands of millennials.

Buyer Training 95

Buyer Training Resource Reduction Cost Reduction Material Savings 95

GlobalTranz

MARCH 25, 2016

Some argue sustainability initiatives are solely the result of increasing government regulations, but Modern Materials Handling Staff reports another cause, consumers. In another example, Hong Kong began switching conventional traffic lighting to more energy efficient LED traffic lighting. How Important Is Sustainability in Logistics?

Material Savings 59

Material Savings Manufacturing Procurement Cost Reduction Logistics Network Optimization Software 59

GlobalTranz

APRIL 18, 2016

When the Internet first arrived, the idea of waiting for an extended period to receive a product was great, asserts Gordon Hellberg of Material Handling and Logistics. Furthermore, this model of e-commerce and omnichannel solutions has enabled Wal-Mart to optimize load consolidation processes and reduce costs across the organization.

Waste Reduction 91

Waste Reduction Cost Reduction Inventory Reduction Resource Reduction 91

GlobalTranz

JANUARY 10, 2017

In other words, the use of AI may help to improve patient outcomes and reduce delays from misdiagnoses or laboratory testing. For example, planning, purchase order placement, manufacturing floor information logistics operations and beyond became essential variables in the goal of creating a more agile supply chain.

Manufacturing Procurement 65

Manufacturing Procurement Optimal Sourcing Procurement Analytics Procurement Solutions 65

GlobalTranz

JULY 20, 2015

While conventional logistics optimizes the flow of goods from producer to consumer, reverse logistics manages the processes for inverting that flow to deal with returned parts, materials and products from the consumer back to the producer. Increased velocity. Increased service market share. Higher achievement of sustainability goals.

Reverse logistics 105

Reverse logistics Supply Chain Planning Software Optimization Software Modeling Software 105

GlobalTranz

FEBRUARY 6, 2018

Provenance ensures transparency in supply chains, with the aim of encouraging brands to source materials and labor in an ethical and fair trade manner. a pair of jeans that didn’t come from a sweatshop, for example. 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 10, 2016

The main goal of business logistics is to create and ensure effective functioning of the integrated management system of material flows in the enterprise. 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.

Supply Chain Planning Software 62

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

GlobalTranz

SEPTEMBER 19, 2016

Whether you’re looking to create an industrial facility for refining raw materials or you want to build a manufacturing plant, there are going to be a lot of environmental and health factors to consider. As far as companies in America go, Johnson & Johnson is setting a primary example of eco-friendly production.

Manufacturing Procurement 87

Manufacturing Procurement Material Savings Resource Reduction Industry 87

GlobalTranz

NOVEMBER 20, 2017

Although this may not seem like it in impact to shippers, carriers eventually note lost profitability and reduce fleet sizes, enacting leaner processes, explains Lawrence J. Fewer Drivers Reduce Available Capacity. Regulations Reduce Available Trucks, Drivers and Driving Hours. Gross of JOC.

Capacity 67

Capacity Cost Reduction Resource Reduction Material Savings 67

GlobalTranz

MARCH 14, 2016

Yet, newer technologies, such as predictive analytics models, advanced data storage, and increased processing power from the cloud, are helping manufacturers save money across an enterprise, opening the door to virtual reality. Design processes start by reviewing a project’s goals, plans, and materials. Research and Design.

Supply Chain Design Software 66

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

GlobalTranz

SEPTEMBER 22, 2016

The age of technology has the potential to dramatically reduce inefficiencies in the supply chain. For example, subscription-based services, such as self-driving car giant, Tesla, and the shaving guru, Dollar Shave Club, are able to collect an insurmountable amount of data on consumers, feeding back into the company’s forecast model.

Manufacturing Procurement 108

Manufacturing Procurement Procurement Analytics Procurement Solutions Optimal Sourcing 108

GlobalTranz

FEBRUARY 24, 2016

Lean manufacturing refers to eliminating waste, reducing costs, and improving production with finite resources. Since lean systems have already eliminated waste to a finite degree, the use of mobility can further increase cost savings and reduce demands on the system by making information and data available across a given enterprise.

Waste Reduction 53

Waste Reduction Inventory Reduction Cost Reduction Resource Reduction 53

GlobalTranz

OCTOBER 2, 2015

The maker movement is a trend in which individuals or groups of individuals create and market products that are recreated and assembled using unused, discarded or broken electronic, plastic, silicon or virtually any raw material and/or product from a computer-related device.

Manufacturing Procurement 112

Manufacturing Procurement Purchasing Skills Resource Reduction Sourcing Strategies 112

GlobalTranz

AUGUST 20, 2015

For example, in China alone, where the last decade brought millions of new participants into the workforce, a skills gap is expected to cause a deficit of 23 million sufficiently skilled workers there by 2030. For example, job training grants totaling $450 million were distributed among approximately 270 community colleges in 2014.

Buyer Training 104

Buyer Training Cost Reduction Resource Reduction Optimization Software 104

GlobalTranz

FEBRUARY 27, 2015

As a 3PL who offers a transportation management system we’ve integrated to many ERP software, we view the use of technology as an enablement tool for shippers to cut out unneeded waste and thus add more to the bottom line by saving money from such efficiency. For example, we’re looking at one set of numbers – one version of truth.

Manufacturing Procurement 110

Manufacturing Procurement ERP Logistics Network Optimization Software Procurement Solutions 110

GlobalTranz

FEBRUARY 25, 2016

A quick scan of Craigslist shows how entire businesses have been created on the sole purpose of reclaiming raw materials from existing goods. For example, some people are offering to pay up to $10 for old, discarded car batteries. For example, consumers may be directly involved with the supplier or any other party in the supply chain.

Supply Chain Software 69

Supply Chain Software Supply Chains Manufacturing Procurement Resource Reduction 69

Logistics Viewpoints

SEPTEMBER 19, 2023

Risk events that happen in one part of the supply chain can cause a disruptive effect that is amplified multi-fold given the complex connectivity of labor, raw materials, and capacity. The bullwhip effect is one example of this disruptive effect, when small changes in demand cause huge demand spikes downstream.

Supply Chain Design Software 139

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Supply Chain Software 139

GlobalTranz

JANUARY 27, 2015

For example, the domestic DIM factor of DHL is 139 and that of UPS and FedEx is 166, while the international DIM factor of both UPS and FedEx is 139. Here is an example: Let’s say that your package is 15 inches long, 12 inches wide and 10 inches high. Use packing materials that do not expand or bulge.

Negotiating Skills 107

Negotiating Skills Price Reduction Cost Reduction Freight 107

Logistics Business Magazine

FEBRUARY 1, 2023

Customs4trade NV (C4T), a leading customs SaaS solutions provider, has been explaining how exporting and importing manufacturers and traders can benefit from cost savings by incorporating Customs Special Procedures (SP) into their supply chain strategies.

Material Savings 59

Material Savings Logistics Network Optimization Software Supply Chain Software Cost Reduction 59