GlobalTranz

MARCH 8, 2016

Now, you would think the other larger package is going to incur the higher shipping cost. So how does this change with LTL dimensional pricing? . Essentially, smaller packages should have lower shipping costs than larger packages in LTL shipping, and DIM pricing enables this ideal. Myths of LTL Dimensional Pricing.

Purchasing Skills 52

Purchasing Skills Price Reduction Packaging Cost Reduction 52

Blue Grace Logistics

NOVEMBER 10, 2023

Expedited Freight Questions Answered Show Submenu Resources The Logistics Blog® Newsroom Whitepaper Case Study Webinars Indexes Search Search BlueGrace Logistics - November 10, 2023 Whether your organization uses expedited freight shipping every day or occasionally, it pays to understand how to use these services as effectively as possible.

Logistics Network Optimization Software 91

Logistics Network Optimization Software Freight Supply Chain Planning Software Inventory Reduction 91

Blue Grace Logistics

APRIL 11, 2021

Grocers, for example, had to quickly implement new digital processes for customers to order and pickup orders. Many local retailers had to quickly move to online channels for their customers to make purchases and pick up their goods curbside. The expedited rollout caused what he describes as “forced experiments” with technology.

Supply Chain Planning Software 62

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

GlobalTranz

OCTOBER 2, 2015

This powerful infographic describes how the maker movement is powering STEM skills , gender equality and student curiosity. Education at all levels in science, technology, engineering, and mathematics—STEM—develops, preserves, and disseminates knowledge and skills that convey personal, economic, and social benefits. What is STEM?

Manufacturing Procurement 112

Manufacturing Procurement Purchasing Skills Resource Reduction Sourcing Strategies 112

Blue Grace Logistics

JULY 27, 2021

The drivers for growth are not simple factors like the price or quality of a product. Customer expectations and the buying capacity of the purchaser coupled with the cost of substitutes or complementary goods also play an important role. Simple Examples of Predictive Analytics. Check out our July Webinar!

Procurement Analytics 62

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

GlobalTranz

AUGUST 21, 2015

However, you may not have enough merchandise to warrant purchasing additional space to send a small truckload of merchandise to a remote area. You need to have someone to pick up your merchandise and get it to your customers without any additional hassle, difficulties, or negotiations of current prices.

Negotiating Skills 94

Negotiating Skills Purchasing Skills Material Savings Manufacturing Procurement 94

GlobalTranz

JUNE 16, 2015

Furthermore, innovation has replaced previous expectations and practices of reducing prices and focusing on reducing the consumers’ costs. This occurs as more consumers have sought out ways to purchase goods or services online due to increasingly chaotic and intensive work schedules or inability to reach your business due to location.

Manufacturing Procurement 101

Manufacturing Procurement Purchasing Skills Price Reduction Supply Chain Design Software 101

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 “The net true cost considers issues such as waste-to-landfill, greenhouse gas emissions, economic mobility, worker safety and food safety. .” 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

SEPTEMBER 22, 2016

According to Paul Myerson , reports Industry Week, up 70 percent of a company’s costs come from procurement and logistics operations. This is a simple concept that works to entice people to learn more about the supply chain and how goods are purchased and transformed into final products.

Manufacturing Procurement 108

Manufacturing Procurement Procurement Analytics Procurement Solutions Optimal Sourcing 108

Logistics Viewpoints

DECEMBER 8, 2022

When it comes to executing mode-specific freight moves from origin to destination efficiently, reliably, and cost-effectively, transportation execution and visibility solutions play a critical role. For example, when one company orders from a supplier in Asia to be delivered by a certain ocean carrier, the lead time is 24 days.

Supply Chain Planning Software 112

Supply Chain Planning Software Transportation Modeling Software Logistics Network Optimization Software 112

GlobalTranz

JULY 28, 2015

However, the overall cost of shipping through LTL modes will increase between three and four percent in the next few years. LTL Cost Increase From the Driver Perspective. For example, a business may order a specific number of items, which would be too minute to warrant transport via rail or traditional truckload.

Purchasing Skills 97

Purchasing Skills Manufacturing Procurement Negotiating Skills Cost Reduction 97

GlobalTranz

FEBRUARY 6, 2017

Amazon’s purchase of Kiva Robots changed the landscape of robotics in the supply chain. Per IDC Manufacturing Insights , the use of robotics will become more platform based through robot-as-a-service, reducing costs of deployment and maintenance. Top 5 Trends to Know to Compete with Amazon’s Supply Chain. This is contingency planning.

Supply Chain Planning Software 73

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

GlobalTranz

MAY 4, 2016

Most industry experts rate the cost of logistics as very costly. Nearly every company offers some sort of discounted shipping plan for large purchase orders, and more customers are demanding faster delivery at a reduced rate. For example, a decreased revenue yield per mile may suggest poor fuel-burn within a given fleet.

Sourcing Strategies 60

Sourcing Strategies Freight Procurement Analytics Cost Reduction 60

GlobalTranz

APRIL 5, 2016

However, the economy is on the mend, and the need for immediate cost savings and lean solutions is starting to take the backburner to how 3PL Logistics Companies could benefit shippers through long-term relationships. The needs of yesteryear-clients were quite simple: get costs under control quickly. They get lost or misplaced.

Negotiating Skills 55

Negotiating Skills Logistics Network Optimization Software 3PL Purchasing Skills 55

GlobalTranz

AUGUST 10, 2017

For example, the following changes to freight classification were made: Conduits and pipes not in packaging were changed to reflect density and dimensional classification, canceling item numbers 50940 and 50942. The new freight classification changes will impact customers in terms of purchase price and shipping costs.

Freight 49

Freight Purchasing Skills Cost Reduction Price Reduction 49

GlobalTranz

JUNE 10, 2015

In reality, departments ranging from receiving to purchasing play an important role in ensuring that freight claims are paid and properly processed. 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.

Purchasing Skills 100

Purchasing Skills Price Reduction Logistics Network Optimization Software Tips 100

GlobalTranz

JANUARY 10, 2017

The move to agile supply chain management inherently required more data sources than traditional supply chains, reports GT Nexus. 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

FEBRUARY 25, 2016

For example, some people are offering to pay up to $10 for old, discarded car batteries. In the Netflix example, the probability is attained through a comparison of the cost of purchasing multiple DVDs to the cost of streaming video through the internet as part of a Netflix subscription.

Supply Chain Software 69

Supply Chain Software Supply Chains Manufacturing Procurement Resource Reduction 69

GlobalTranz

OCTOBER 17, 2017

Think about this conundrum: should last mile services be based on quality or price? According to the Logistics Bureau, this concept showcases how consumers are more apt to make repeat purchases when the existing purchase and expectations during last mile delivery are met, if not exceeded.

Logistics Network Optimization Software 60

Logistics Network Optimization Software Cost Reduction Expense Reduction Price Reduction 60

GlobalTranz

JULY 22, 2016

While some companies may operate in-house logistics enterprises, such as Home Depot with its 80-percent distribution capacity for omni-channel sales, many companies will turn to logistics providers to achieve further cost savings. New Business Models Reduce Operating Costs. Is there a shipping cost? What is the returns policy?

Logistics Network Optimization Software 60

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

GlobalTranz

MAY 9, 2018

Shippers have different options, including a network of regional and local carriers, national carriers, intermodal and hand-offs, add-on services, and much more, that affect the speed of delivery and its cost. Software that simplifies freight classification, pricing, and freight scheduling.

Cost Reduction 49

Cost Reduction Purchasing Skills Logistics Network Optimization Software Price Reduction 49

GlobalTranz

AUGUST 18, 2016

Value-Added Services and TMS Capabilities Are Critical Points in Contract Negotiation. As a result, carriers and suppliers are focusing on how value-added services, such as auditing, small package processing and delivery, and freight optimization, can reduce overall costs and shipping duration.

Supply Chain Planning Software 60

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

GlobalTranz

MAY 25, 2018

The Problem: Warehouses Lacking IoT-Based Technologies Lose Opportunities The cost for internet connectivity is decreasing, but some warehouses, operating on legacy systems, are still using paper-based processes. For example, auto-lighting LEDs, RFID, and handheld scanners can help pickers ensure the right item is picked every time.

Inventory Reduction 50

Inventory Reduction Supply Chain Planning Software Inventory Supply Chain Software 50

GlobalTranz

DECEMBER 9, 2014

Editor’s Note: Every company who needs equipment has to ask themselves the proper questions before either purchasing or hiring from the right company. For example, let’s say that you’re a construction company. Usually you can correlate price with quality. Intermediate-level quality will cost you between $700 and $900.

Industry 91

Industry Manufacturing Procurement Waste Reduction Purchasing Skills 91

GlobalTranz

JANUARY 17, 2017

In other words, analytics allows companies to focus more on what customers actually purchase , using information obtained from point-of-sale (POS) systems, internet traffic and real-time feedback via social media. This reduces overhead while reducing costs and issues experienced by the consumers. VR tends to replace the entire image.

Manufacturing Procurement 82

Manufacturing Procurement Procurement Analytics Expense Reduction Material Savings 82

GlobalTranz

MAY 26, 2017

Consumer actions are shaping how shippers and carriers interact, ranging from contract negotiation to exploring new technologies. With the rise of Amazon, consumers have also been able to access an endless product array at historic, record-low shipping costs. Better cost than your competitors. What Do Customers Really Want?

Cost Reduction 66

Cost Reduction Expense Reduction Material Savings Logistics Network Optimization Software 66

GlobalTranz

AUGUST 10, 2016

If you had just decided to connect your future with logistics and supply chain management, then attending a university or college might be the best decision to gain deep and complete set of skills and knowledge in this field. This program is 48 months long and its cost is around $7,000. The cost of such program is $25,000.

Supply Chain Planning Software 62

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

GlobalTranz

APRIL 22, 2015

In this infographic you will learn, for example, that the global market value for logistics has surpassed $4trillion. Efficient logistics is an important determinant of a country’s competitiveness and source of employment. Today, we bring you yet another infographic. We feel infographics are a great way to explain a big idea.

Global logistics 116

Global logistics Material Savings Cost Reduction Supply Chain Planning Software 116

GlobalTranz

OCTOBER 27, 2017

This can be disastrous for manufacturers that need to purchase raw materials to produce their products. RT Custer, the owner and co-founder of Vortic Watch Company , describes the challenge of managing his supply chain this way: “To keep my cost of goods at a manageable level, I need to order hundreds of parts. Look into factoring.

Supply Chain Planning Software 72

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

GlobalTranz

MARCH 25, 2016

As the push towards sustainability in logistics continues, those involved in modern manufacturing and shipping, especially shippers, must understand why this trend is taking place, its potential costs, obstacles, and benefits, and what it means for the future of manufacturing and logistics. Is Sustainability in Logistics Cost-Effective?

Material Savings 59

Material Savings Manufacturing Procurement Cost Reduction Logistics Network Optimization Software 59

GlobalTranz

MARCH 30, 2016

For example, value-added service may include perks when shipping a large quantity of products on a recurring basis. In other words, 4PLs enable an organization to work smarter, more efficiently, all the while without the increased cost of purchasing such services from another consultant. Cost-Savings and Future Planning.

Collaboration 54

Collaboration Logistics Network Optimization Software Purchasing Skills Buyer Training 54

GlobalTranz

AUGUST 18, 2015

Companies based on assets have had years of experience in purchasing trucks and managing warehouse inventories. Alternatively, intermediary-based, or non-asset 3rd Party Logistics Companies have waged a “near-war” with various carriers to negotiate cheaper rates and more rapid delivery times. How Does the 3PL Meet E-Commerce Needs?

Logistics Network Optimization Software 96

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

GlobalTranz

MAY 5, 2017

Markets change, consumers decide to purchase different products and economies fail. 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.

Manufacturing Procurement 48

Manufacturing Procurement Production Cost Reduction Inventory Reduction 48

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. These leads can be qualified or unqualified, coming from various sources. It’s critical to think about how you will retain customers after they make a purchase.

Resource Reduction 52

Resource Reduction Waste Reduction Cost Reduction Sourcing Strategies 52

GlobalTranz

NOVEMBER 10, 2015

Transportation costs make up 60 percent of overall logistics expenses for all shippers and 3PLs. For these companies, the use of a dedicated transportation management system, such as Cerasis™ Rater , can be deployed to lower transportation costs across the entire supply chain. Implementation Costs.

Supply Chain Planning Software 90

Supply Chain Planning Software Optimization Software Inventory Reduction Cost Reduction 90

GlobalTranz

MAY 2, 2017

Meanwhile, failure to notify consumers about out-of-stock items during purchase could result in the permanent loss of a customer. For example, consumers can purchase products online from one Walmart store and pick them up at a different location within a day or two. These systems can automatically detect changes in inventory.

Inventory Reduction 48

Inventory Reduction Inventory Procurement Analytics Vendor Strategies 48

GlobalTranz

AUGUST 30, 2016

Processes such as shipping, warehousing, purchasing and selling can change very quickly and the only underlying requirement is to get the right product to the customer that wants it in the most efficient way possible. These models had one thing in common with the wholesale model: the producers received a small percentage of the final price.

Modeling Software 51

Modeling Software Distribution Manufacturing Procurement Price Reduction 51