Blue Grace Logistics

JULY 27, 2021

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. 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

Logistics Viewpoints

DECEMBER 8, 2022

The company has grown significantly via acquisitions over the last few years, including the purchases of Amber Road, BluJay Solutions, and INNTRA. 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. Click HERE for more information and to register.

Supply Chain Planning Software 112

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

GlobalTranz

SEPTEMBER 22, 2016

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. This led to subpar purchasing practices and a limited supply chain value. The Big Picture. .

Manufacturing Procurement 108

Manufacturing Procurement Procurement Analytics Procurement Solutions Optimal Sourcing 108

GlobalTranz

AUGUST 5, 2015

Let’s take a look into how RMAs function and some common examples of RMA policy. For example, a business may sell 1,000 items online or for remanufacturing companies who have core returns, and 25 percent of such items are sent it for returns due to a manufacturing defect. Common Examples of RMA Policy. Product Quality.

Resource Reduction 90

Resource Reduction Vendor Strategies Reverse logistics Cost Reduction 90

Bringg

FEBRUARY 14, 2019

That time in-store is an opportunity to create a branded customer experience which outlasts the customer’s initial purchase. Here are a couple of examples on how this works in the real world: On-demand deliveries. Apple is another great example of branding the delivery experience. Chaos ensues. Want to learn more?

Security 54

Security After-sales Modeling Examples 54

Logistics Bureau

APRIL 3, 2023

Across our many blog posts, videos, webinars, eBooks, and other shared content, you’ll find a wealth of information about various aspects of outsourcing in the supply chain. However, I can’t recall writing a general guide about exploiting outsourcing opportunities to improve your supply chain. Let’s take ecommerce as an example.

Outsourcing 87

Outsourcing Optimal Sourcing Supply Chain Software Cost Reduction 87

GlobalTranz

MARCH 2, 2017

For example, even since 2014 online retail sales have seen good improvement. There is also a rise in people purchasing items online with a smartphone and this has made online shopping even more convenient for people. But the rate at which it continues to grow is interesting. In 2014, they represented 5.9%

eCommerce 50

eCommerce Webinar Strategy Inbound 50

GlobalTranz

AUGUST 3, 2015

You may opt to organize your business into an independent third-party logistics provider (3PL), or you may want to purchase software for tracking, monitoring, and processing all of your needs. However, you must factor in the cost of purchasing an ERP system and compare it to the cost of purchasing an individual TMS , or SCM system.

Supply Chain Design Software 97

Supply Chain Design Software Supply Chain Software Procurement Solutions Logistics Network Optimization Software 97

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

Bringg

FEBRUARY 14, 2019

That time in-store is an opportunity to create a branded customer experience which outlasts the customer’s initial purchase. Here are a couple of examples on how this works in the real world: On-demand deliveries. Apple is another great example of branding the delivery experience. Chaos ensues. Want to learn more?

Security 48

Security After-sales Modeling Examples 48

GlobalTranz

FEBRUARY 6, 2017

Amazon’s purchase of Kiva Robots changed the landscape of robotics in the supply chain. For example, Johnson & Johnson procurement professionals actively review market trends before making purchases. Moreover, customers can make purchases online and have them shipped to the store or their home.

Supply Chain Planning Software 73

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

GlobalTranz

JUNE 16, 2015

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. No matter the size or location of a business, an up-to-date and advanced IT department will always triumph over many other forms of commerce.

Manufacturing Procurement 101

Manufacturing Procurement Purchasing Skills Price Reduction Supply Chain Design Software 101

GlobalTranz

JUNE 6, 2018

This includes purchasing freight or cargo insurance. Thus, shippers should consider purchasing additional cargo insurance when using full truckload. For example, Cerasis Cargo Insurance insures freight from “warehouse to warehouse,” covering transitions between carriers, if applicable. The curve ball is coming.

Cargo 55

Cargo Price Reduction How To Freight 55

GlobalTranz

OCTOBER 17, 2017

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. Offering better service also lends itself to better performance, astounding customer reviews and repeat purchases.

Logistics Network Optimization Software 60

Logistics Network Optimization Software Cost Reduction Expense Reduction Price Reduction 60

GlobalTranz

JULY 28, 2015

For example, a business may order a specific number of items, which would be too minute to warrant transport via rail or traditional truckload. Larkin calculates that LTL revenues are down to just 12% or so of the truckload market, for example. This amounts of 126 million different purchases within 24 hours.

Purchasing Skills 97

Purchasing Skills Manufacturing Procurement Negotiating Skills Cost Reduction 97

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 24, 2015

When a business, or other organization, purchases equipment, parts, or remanufactured equipment it is an investment. For example, a single business who engages in reuse and recycling can take advantage of the mass-following of the Green Movement. Return on Investment…Again. Reduced Risks to the Business.

Price Reduction 97

Price Reduction Resource Reduction Expense Reduction Material Savings 97

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

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. For example, the carrier may pay these costs at the time of border-crossing, and you can reimburse the carrier. Having a positive relationship with your LTL carrier can alleviate these concerns.

Negotiating Skills 94

Negotiating Skills Purchasing Skills Material Savings Manufacturing Procurement 94

Blue Grace Logistics

JULY 21, 2020

It’s about understanding why key stakeholders which should include, vendors, purchasing, customer service, sales, are making the decisions that they do and how those decisions affect your supply chain. For example, technology helps to maximize efficiency and, in turn, increase profitability. Enhanced control over shipment scheduling.

Optimal Sourcing 62

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

GlobalTranz

JULY 6, 2015

Consumers want their products, which they have paid for, and faster, more efficient processes, from the manufacturing to delivery, will encourage repeat purchases, and therefore, company growth and success. For example, humans must create build an item from the inside out, as our tools only allow us to perform certain actions.

Manufacturing Procurement 110

Manufacturing Procurement Logistics Network Optimization Software Expense Reduction Sourcing Strategies 110

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

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. Meanwhile, predictive analytics also have extraordinary potential to increase profit and determine exactly what customers want.

Manufacturing Procurement 82

Manufacturing Procurement Procurement Analytics Expense Reduction Material Savings 82

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. The only certainty in manufacturing is uncertainty.

Manufacturing Procurement 48

Manufacturing Procurement Production Cost Reduction Inventory Reduction 48

GlobalTranz

OCTOBER 2, 2015

For example, MintyBoost, a popular DIY USB charger kit built using an Altoids tin, batteries and a few connectors, can easily be created using instructions online, or purchased from other makers who sell their devices.

Manufacturing Procurement 112

Manufacturing Procurement Purchasing Skills Resource Reduction Sourcing Strategies 112

GlobalTranz

MAY 25, 2018

For example, auto-lighting LEDs, RFID, and handheld scanners can help pickers ensure the right item is picked every time. The right inventory management techniques can mean the difference between happy customers and increased rates of returns, regardless of where and how an item was purchased.

Inventory Reduction 50

Inventory Reduction Supply Chain Planning Software Inventory Supply Chain Software 50

GlobalTranz

MARCH 25, 2016

While the initial change seemed minimal, the ministry lowered their Purchase cost of remanufactured toner cartridges by up to 40 percent, with reverse logistics aiding in sustainability measures. In another example, Hong Kong began switching conventional traffic lighting to more energy efficient LED traffic lighting.

Material Savings 59

Material Savings Manufacturing Procurement Cost Reduction Logistics Network Optimization Software 59

GlobalTranz

AUGUST 6, 2015

This is a simplified example of the best practices for Return Merchandise Authorizations. Ultimately, this determines the next step of the consumer journey: exchange, credit on future purchase, or selection of a replacement part. For example, computer part A arrives due to being the wrong color. Interface With Accounting System.

Cost Reduction 89

Cost Reduction Expense Reduction Inventory Reduction Reverse logistics 89

GlobalTranz

FEBRUARY 13, 2017

There was a time when buying a computer was considered a once-in-a-decade purchase, if not once-in-a-lifetime. If a company does not have standard reverse logistics processes in place, repeat purchases could be lost. Product Life Cycles Will Grow Shorter and More Complex.

Resource Reduction 82

Resource Reduction Trends Inventory Reduction Material Savings 82

GlobalTranz

JULY 22, 2016

For example, Nutrisystem uses a 150 unique SKU system to reduce overhead and ensure orders are sent out as soon as possible, reports Inbound Logistics. Consumers are also looking to business for benefits in every purchase. Better Control of Order Fulfillment. Greater Conversion Rates for Businesses. Is there a shipping cost?

Logistics Network Optimization Software 60

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

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

APRIL 24, 2018

Customer activity has increased, and some employees are actually sending their personal purchases to work address. For example, a transportation management system (TMS), like the Cerasis Rater , is designed to handle inbound parcel freight management, as well as other over-the-road shipping modes.

Inbound 48

Inbound Vendor Strategies Logistics Network Optimization Software Procurement Analytics 48

GlobalTranz

AUGUST 18, 2015

Companies based on assets have had years of experience in purchasing trucks and managing warehouse inventories. For example, a shipper may want to take advantage of transportation management systems (TMS), which enhance visibility and improve transportation management. This also involves the concept of vendor management.

Logistics Network Optimization Software 96

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

GlobalTranz

FEBRUARY 14, 2017

They are the ones making purchases. For example, a pair of glasses might populate product picking information to laborers in a warehouse. Consider this example. End-user purchases are creating a data trail that gives logistics providers a glimpse into the demand on the industry in the upcoming hours, days, weeks and months.

Logistics Network Optimization Software 51

Logistics Network Optimization Software Trends Price Reduction Modeling Software 51

GlobalTranz

MAY 4, 2016

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. In modern manufacturing and transportation, savings are everything.

Sourcing Strategies 60

Sourcing Strategies Freight Procurement Analytics Cost Reduction 60

GlobalTranz

MAY 18, 2016

Operating your business is only half the battle in getting customers to purchase your products. After a customer purchases a product, you still need to get the item or items to him. For example, the individual items on a UPS truck for neighborhood delivery would be considered small package, but even UPS offers LTL services.

Manufacturing Procurement 57

Manufacturing Procurement Packaging Purchasing Skills Price Reduction 57

GlobalTranz

NOVEMBER 17, 2016

Distribution of goods prior to purchase. For example the operational efficiency of a given loading is directly related to how quickly Pickers are able to fulfill orders and move them onto the dock. The quantity of each product. Inventory location and management. Raw material suppliers and logistics. Demand fluctuations.

Supply Chain Design Software 115

Supply Chain Design Software Supply Chain Software Procurement Solutions Supply Chain Design 115