AIMMS

JULY 13, 2020

We recently held a webinar with our partners at Oliver Wight to address these questions, covering the most common obstacles companies face when adopting IBP. Other reviews (prepared for decision-making versus attending for receiving information) are shared by the owners of each strategy element/pillar. Image source: Oliver Wight.

Supply Chain Planning Software 62

Supply Chain Planning Software Scenario Planning Resource Reduction Sourcing Strategies 62

Logistics Viewpoints

NOVEMBER 21, 2022

Because of the food giant’s size, their sustainability strategy also is very broad. Reduce miles, reduce touches, become more efficient all the way through” your supply chain. This ensures the right quantity and assortment of products reaches their retail customers in a more efficient manner.

Food and Agriculture 113

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

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

AIMMS

MARCH 8, 2016

Transportation capacity and cost: carriers are more selective about which retailers they work with and parcel pricing strategies are changing. Retailers need to respond with innovative transportation strategies and packaging options, as well as training for employees. Source, make, and deliver reporting to a common leader.

Optimal Sourcing 69

Optimal Sourcing Sourcing Strategies Cost Reduction Inventory Reduction 69

Blue Grace Logistics

APRIL 11, 2021

Most transportation and logistics companies had a digitalization strategy before the COVID-19 pandemic, but the implementation was moving at a snail’s pace. Grocers, for example, had to quickly implement new digital processes for customers to order and pickup orders. Aaron Huff | CCJ Senior Editor • April 11, 2021. .

Supply Chain Planning Software 62

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

AIMMS

MARCH 8, 2016

Transportation capacity and cost: carriers are more selective about which retailers they work with and parcel pricing strategies are changing. Retailers need to respond with innovative transportation strategies and packaging options, as well as training for employees. Source, make, and deliver reporting to a common leader.

Cost Reduction 62

Cost Reduction Inventory Reduction Price Reduction Sourcing Strategies 62

GlobalTranz

MAY 21, 2015

In order to avoid incidents of mismatch between supply and demand, establish more efficient manufacturing and lower costs, it is necessary to establish an environment of consistent supply chain visibility. 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

JULY 2, 2015

Once that is done, running equipment — no matter how efficiently — is a waste. Recycling and re-using packaging and shipping materials, for example, can make your company leaner and greener. You save money on packaging while saving the environment with efficient use of packing materials. Error Proofing.

Manufacturing Procurement 67

Manufacturing Procurement Waste Reduction Material Savings Resource Reduction 67

GlobalTranz

NOVEMBER 19, 2015

Strategic Logistics: 8 Steps to Controlling Inventory Flow & Driving Warehouse Efficiency. Data originates from one of two primary sources: individual sensors gathering data or manual entry of data. An Example of Data Collection and Metrics in Logistics and Transportation Management Program Processes. Origination of Data.

Data 77

Data Sourcing Strategies Optimal Sourcing Transportation 77

Blue Grace Logistics

APRIL 9, 2019

Hence, transport or cargo insurance should be an essential part of a shipper’s supply chain risk management strategy. Here are a few important pointers from the webinar: UPS Capital appointed Harris Poll to survey U.S Here are a few important pointers from the webinar: UPS Capital appointed Harris Poll to survey U.S

Supply Chain Planning Software 54

Supply Chain Planning Software Webinar Cost Reduction Sourcing Strategies 54

GlobalTranz

FEBRUARY 6, 2018

What makes Ethereum different is that it actively encourages software development teams to use its open-source protocol to design tokens that run on top of the Ethereum blockchain. Provenance ensures transparency in supply chains, with the aim of encouraging brands to source materials and labor in an ethical and fair trade manner.

Supply Chain Design Software 164

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

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. Supply chains are growing smarter and more efficient.

Manufacturing Procurement 65

Manufacturing Procurement Optimal Sourcing Procurement Analytics Procurement Solutions 65

GlobalTranz

MAY 4, 2016

A recent publication by the Minnesota Department of Transportation, Measurement Sources for Freight Performance Measures and Indicators , identified dozens of ways KPIs are used. For example, a decreased revenue yield per mile may suggest poor fuel-burn within a given fleet. Core KPIs to Track and Understand.

Sourcing Strategies 60

Sourcing Strategies Freight Procurement Analytics Cost Reduction 60

GlobalTranz

FEBRUARY 6, 2017

For example, Johnson & Johnson procurement professionals actively review market trends before making purchases. For example, Walmart and Kmart redesigned their mobile e-commerce interface for consumers, making shopping and purchasing online easier and integrated with major companies. Procurement strategy was not always evident.

Supply Chain Planning Software 73

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

GlobalTranz

DECEMBER 15, 2016

CIOs are finding that partnering with a cloud analytics provider is the best strategy for success. One example of the competitive advantage gained with cloud involves analytics across the many data silos that make up today’s enterprise Big Data environments. Data Analytics in the Cloud.

Supply Chain Software 53

Supply Chain Software Data Cost Reduction Supply Chains 53

GlobalTranz

OCTOBER 5, 2015

Current and future applications have the potential to provide new methods of value creation and sources of revenue streams for companies in the digital age. Another example might be a situation in which production constraints might delay delivery of raw materials by 3 days to a proprietary supplier.

Optimal Sourcing 111

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

GlobalTranz

JUNE 15, 2017

When employees are trained to communicate with clients and team members without reserves, to avoid conflicts between professional activity and personal attitude, demonstrate professionalism in oppressive situations, this is integrity that leads to supply chain efficiency. Quality-focused. Quality is key to logistics effectiveness.

Buyer Training 84

Buyer Training Logistics Network Optimization Software Vendor Strategies Supply Chain Software 84

GlobalTranz

APRIL 22, 2015

In this infographic you will learn, for example, that the global market value for logistics has surpassed $4trillion. Why Logistics management efficiency is important to companies. Efficient logistics is an important determinant of a country’s competitiveness and source of employment. What is a Logistics Framework?

Global logistics 116

Global logistics Material Savings Cost Reduction Supply Chain Planning Software 116

Logistics Bureau

OCTOBER 24, 2022

How retailers are reevaluating post-pandemic inventory strategies. That’s what pet care and consumer foods company Mars plans to do with the digital twin technology that it will roll out across its global factory network, having used it to improve production efficiencies successfully during trials. Trials a Success.

Supply Chain Planning Software 62

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

GlobalTranz

JANUARY 17, 2017

For example, the analysis of procurement processes and expense trends might help companies select alternative or new suppliers, change the flow of supplies to optimize delivery time tables and enhance payment processes, such as double billing complaints. Additive manufacturing is expected to climb more than $20 billion by 2019.

Manufacturing Procurement 82

Manufacturing Procurement Procurement Analytics Expense Reduction Material Savings 82

GlobalTranz

APRIL 18, 2016

The push toward a more efficient, data-driven supply chain will result in more competition among companies. 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. Millennials are the paradigm of a digital generation.

Waste Reduction 91

Waste Reduction Cost Reduction Inventory Reduction Resource Reduction 91

GlobalTranz

OCTOBER 18, 2017

Now, this example may seem far-fetched, but it is a reality that is around the corner. This reflects a compounded annual growth rate ( CAGR ) of more than 32 percent, reports source why. This means fewer stop points, which reduces fuel costs and increases route efficiency.

Supply Chain Software 76

Supply Chain Software Automation Sourcing Strategies Resource Reduction 76

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

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

JUNE 9, 2016

For example, the below infographic from TWS shows that administrative assistants tend to earn $20,020 less a year than electricians. Source: TWS. Just what are these conventionally male occupations and what do they offer? Here, affordability meets opportunity. Skilled Trades Careers Can Accommodate Families.

Buyer Training 58

Buyer Training Manufacturing Procurement Sourcing Strategies Price Reduction 58

GlobalTranz

JULY 14, 2015

Therefore, simple factors, such as operating temperature, frequency, and hydraulic pressure, affect the efficiency of the respective machine. For example, a subtle change in hydraulic pressure may still permit the machine to operate. The IoT Supply Chain with Robotics & Other Industries. Let us know in the comments section below.

Supply Chain Software 103

Supply Chain Software Supply Chains Manufacturing Procurement Scenario Planning 103

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

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 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. INFOGRAPHIC: Combining the Maker Movement and STEM for Powerful Progress In Manufacturing.

Manufacturing Procurement 112

Manufacturing Procurement Purchasing Skills Resource Reduction Sourcing Strategies 112

GlobalTranz

OCTOBER 12, 2016

For example, parents may say, “You could become a lawyer or doctor.” For example, better compliance with regulations and visibility into an organization may help foster a positive relationship with government funding sources for future workers, which may include financial assistance in vocational training or apprenticeship programs too.

Manufacturing Procurement 125

Manufacturing Procurement Buyer Training Waste Reduction Cost Reduction 125

GlobalTranz

MARCH 24, 2016

To combat freight spend, supply chain entities have devoted huge investments and deployed developmental teams to find ways to improve efficiency, manage all parts of the manufacturing and shipping process, and eliminate all sources of delays. An Example. In this example, shipper A needs help from someone else.

Cost Reduction 54

Cost Reduction Waste Reduction Transportation Freight 54

GlobalTranz

FEBRUARY 19, 2016

Technically, procurement professionals are more like supervisors of all the automated, augmented reality , and artificial intelligence based processes that revolve around improving the efficiency and effectiveness of a given organization's ability to interact with customers and improve production.

Manufacturing Procurement 56

Manufacturing Procurement Optimal Sourcing Procurement Analytics Procurement Solutions 56

GlobalTranz

MARCH 1, 2016

Well, this example shows how wearable technology in the supply chain was being used 3 and a half years ago in 2012. Additionally, the rise of third party logistics providers is helping the same organizations attain the same cost and efficiency of their bigger competitors. What Are Wearables? Wearables are very self-explanatory.

Supply Chain Planning Software 74

Supply Chain Planning Software Supply Chain Software Supply Chains Logistics Network Optimization Software 74

GlobalTranz

OCTOBER 10, 2017

These metrics provide a quick yes or no analysis of the effectivity of your last mile logistics strategy. For example, overall fuel consumption costs may be lower, but interval-based fuel consumption rates could show consistent, stopping and starting patterns that do not coincide with existing routes and drive up fuel costs.

Cost Reduction 61

Cost Reduction Waste Reduction Expense Reduction Logistics Network Optimization Software 61

GlobalTranz

JUNE 24, 2015

Productivity in factories continues to improve, however, and are more efficient than ever, so the best jobs picture we can hope for is flat as we don’t believe that US Manufacturing jobs will ever be at the percentage they were at the peak in the late 70s. For example, Apple cannot launch iPhone production in the U.S. As the U.S.

Manufacturing Procurement 97

Manufacturing Procurement Supply Chain Planning Software Cost Reduction Sourcing Strategies 97

GlobalTranz

JULY 22, 2016

Home Depot is revamping their distribution center strategy to include a host of regional centers, and logistics providers stand to reap significant profits from increased collaboration in the marketplace. For example, a customer is less likely to make a purchase if the same item can be purchased on Amazon with free shipping.

Logistics Network Optimization Software 60

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

GlobalTranz

MAY 13, 2015

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.” Benefits from its supply chain efficiency result in time savings, more cost-effective inventory management and improved product forecasting, the article said. Decades in the Making.

Supply Chain Planning Software 115

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