GlobalTranz

SEPTEMBER 8, 2015

This is the first post in a four-part series on how to achieve best in class shipper status. To have the best value per mile in transportation and shipping, a given shipper must have a working knowledge of how shipping processes operate. Shipping Strategy. The answer is your business strategy. Freight Spend Management.

Cost Reduction 93

Cost Reduction Expense Reduction Supply Chain Planning Software Optimization Software 93

GlobalTranz

NOVEMBER 7, 2017

Companies that successfully reduce workplace injuries while reducing the costs associated with those injuries see benefits to their bottom line. Not to mention, they also see workers' compensation payments decrease, medical expenses decrease, and a reduction in lost productivity. Risk Reduction. link]. . .

Modeling Software 50

Modeling Software Cost Reduction Expense Reduction Resource Reduction 50

GlobalTranz

APRIL 19, 2018

However, that does not mean all shippers must face the challenges to ship parcel at their expense. Rather than giving up, shippers need to consider what Amazon and the big box giants have done right and apply these concepts as part of a robust parcel shipping strategy. Instead of hoping for the best, your organization needs to act.

White Paper 52

White Paper Outbound Inbound Vendor Strategies 52

Parade

FEBRUARY 8, 2021

These platforms are important components to digital-first brokers AND brokerages undergoing a digital transformation, as digital freight natives like Uber Freight and Convoy are already deploying a dual capacity management strategy that taps into both in-network carriers and marketplace carriers, when the time is right. Ready to learn more?

Negotiating Skills 78

Negotiating Skills Price Reduction Expense Reduction Cost Reduction 78

Parade

FEBRUARY 8, 2021

These platforms are important components to digital-first brokers AND brokerages undergoing a digital transformation, as digital freight natives like Uber Freight and Convoy are already deploying a dual capacity management strategy that taps into both in-network carriers and marketplace carriers, when the time is right. Ready to learn more?

Negotiating Skills 78

Negotiating Skills Price Reduction Expense Reduction Cost Reduction 78

Parade

FEBRUARY 8, 2021

These platforms are important components to digital-first brokers AND brokerages undergoing a digital transformation, as digital freight natives like Uber Freight and Convoy are already deploying a dual capacity management strategy that taps into both in-network carriers and marketplace carriers, when the time is right. Ready to learn more?

Negotiating Skills 78

Negotiating Skills Price Reduction Expense Reduction Cost Reduction 78

GlobalTranz

APRIL 17, 2018

However, that does not mean all shippers must face the challenges to ship parcel at their expense. Rather than giving up, shippers need to consider what Amazon and the big box giants have done right and apply these concepts as part of a robust parcel shipping strategy. Use International Symbols for Labels.

Cost Reduction 60

Cost Reduction Material Savings Expense Reduction Negotiating Skills 60

GlobalTranz

OCTOBER 9, 2015

It had a fascinating mention of " Additive Manufacturing " (AM) and how it could be a game changer. One of the biggest challenges facing automotive, aerospace and defense manufacturers is the limited shapes a part can be cut, molded or welded in. Smart Manufacturing will Make Supply Chains Demand Driven not Forecast Driven.

Manufacturing Procurement 125

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software Supply Chains 125

Conger

MARCH 28, 2024

These commercial vehicles are called fleets and are often one of the most expensive assets for a business. It helps in promoting safer driving practices and reducing breakdowns. One of the strategies to consider is adopting robust fleet management software, which enables businesses to automate and streamline fleet-related processes.

Optimization Software 73

Optimization Software Optimal Sourcing Expense Reduction Cost Reduction 73

GlobalTranz

JANUARY 17, 2017

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. The use of predictive analytics has the potential to dramatically reduce expenses in the manufacturing sector, particularly with respect to proactive machine maintenance.

Manufacturing Procurement 82

Manufacturing Procurement Procurement Analytics Expense Reduction Material Savings 82

GlobalTranz

DECEMBER 9, 2016

After all, next-day shipping hasn’t become the new standard just yet, and offering it – at least on expensive purchases – can be an excellent way to stay ahead of the curve. . How to Keep Up With Next-Day Delivery . According to Forbes , at least 90% of today’s online retailers offer a next-day delivery option, but it’s rarely cheap.

eCommerce 92

eCommerce Expense Reduction Cost Reduction Eliminating Excel in Purchasing 92

SYSPRO Smarter ERP

MARCH 20, 2024

For manufacturers, having the right business intelligence on hand at the right time can eliminate the guesswork from decision making, offering real-time visibility into business processes so you can anticipate your next move. Eliminate reporting inconsistencies and data redundancy. Reduce data warehousing costs. Scarce manpower.

Manufacturing Procurement 105

Manufacturing Procurement Optimal Sourcing Expense Reduction Cost Reduction 105

GlobalTranz

JUNE 21, 2018

Now, imagine the back-office expenses associated with managing freight in-house. Author information Adam Robinson Adam Robinson oversees the overall marketing strategy for Cerasis including website development, social media and content marketing, trade show marketing, email campaigns, and webinar marketing.

How To 48

How To Modeling Software Logistics Network Optimization Software Purchasing Skills 48

GlobalTranz

DECEMBER 12, 2017

Typically, hardwood is more expensive yet stronger, but softwoods such as pine are readily available and ideal for kiln drying to adhere to ISPM 15 regulations. This eliminates the potential for cross-contamination and the spread of invasive species Whilst this standard is widely adopted, some countries are still in the process.

Material Savings 63

Material Savings Expense Reduction Cost Reduction Purchasing Skills 63

GlobalTranz

JUNE 14, 2018

Full truckload shipping is generally less expensive than other over the road transportation modes. Although LTL rates have remained more expensive than full truckload freight, full truckload rates are on the rise. Less-than-truckload (LTL) has more stops, touch points, and risk. It takes more time to get shipments to consumers.

Logistics Network Optimization Software 61

Logistics Network Optimization Software Expense Reduction Freight Cost Reduction 61

GlobalTranz

NOVEMBER 10, 2015

Transportation costs make up 60 percent of overall logistics expenses for all shippers and 3PLs. However, costs can be further reduced through the use of a warehouse management system (WMS). However, costs can be further reduced through the use of a warehouse management system (WMS).

Supply Chain Planning Software 90

Supply Chain Planning Software Optimization Software Inventory Reduction Cost Reduction 90

GlobalTranz

MAY 22, 2018

The Guide to Reduce Parcel Shipping Costs thru Effective Transportation Management Practices. Through the e-commerce giant, next-day, if not same-day , delivery is available at no extra expense for Amazon Prime members. However, the carrier is not actively looking for mistakes, so the burden falls to shippers. DOWNLOAD WHITEPAPER.

Cost Reduction 49

Cost Reduction Expense Reduction Negotiating Skills Purchasing Skills 49

GlobalTranz

APRIL 28, 2016

Obviously, truck-related costs continue to dominate the industry’s expenses, and shippers will need to find a way to drive these costs down. The result of that management is fewer transactions, a dramatically reduced chance for errors and duplicate transactions, and more efficient processes. This sounds complex, and it is. They should!

Cost Reduction 51

Cost Reduction Resource Reduction Price Reduction Expense Reduction 51

GlobalTranz

JULY 14, 2015

The Internet of Things (IoT) seems to be popping up in more conversations throughout the entire supply chain , and more businesses have turned towards IoT experts for guidance on how to take advantage of its benefits. The Internet radically changed how the world communicates. Let us know in the comments section below.

Supply Chain Software 103

Supply Chain Software Supply Chains Manufacturing Procurement Scenario Planning 103

GlobalTranz

DECEMBER 5, 2014

There is a strong relationship between mismanaged supply chains and transportation and loss of profits, as an effectively structured supply chain will reduce business operation expenses. Get all the correct information on the BOL the first time and that will dramatically cut down on the chances of a reweigh.

Freight 97

Freight Negotiating Skills Expense Reduction Cost Reduction 97

GlobalTranz

JANUARY 23, 2015

Fredrick Taylor, who wrote The Principles of Scientific Management in 1911 and is considered the father of industrial engineering, focused his early research on how to improve manual loading processes. In the 1940s and 1950s, the focus of logistics research was on how to use mechanization (e.g.,

Supply Chain Planning Software 134

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 134

GlobalTranz

AUGUST 10, 2016

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. Strategy and Planning for Effective Operations by Northwestern University. Operations Strategy . University Courses. 2) Supply Chain Management.

Supply Chain Planning Software 62

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

GlobalTranz

NOVEMBER 12, 2015

Having this data in logistics readily available can help clear up any potential problems at the point of entry or port, which helps promote timely and less expensive shipments across international borders. Unfortunately, this data does not necessarily provide insight into how to change your operation unless it has been cleaned.

Data 91

Data Vendor Strategies Logistics Network Optimization Software Expense Reduction 91

SYSPRO Smarter ERP

FEBRUARY 22, 2024

An ERP system that incorporates a cutting-edge warehouse management system (WMS) can help you optimize processes, streamline workflows and decrease errors. Here’s how to do it: Label aisles, rows and bins with floor or overhead placards so employees can identify the correct location quickly and easily. Group multiple orders.

Manufacturing Procurement 116

Manufacturing Procurement Inventory Reduction Expense Reduction Waste Reduction 116

GlobalTranz

APRIL 11, 2017

It is their job to know exactly how to ensure your shipments have a fast and successful transit through customs so that you don’t have to. . Knowing and working with every piece of regulatory legislation regarding trade and shipment, import and export, is what freight brokers are all about. Resolve Logistical Problems . Conclusion .

Freight 49

Freight Expense Reduction Resource Reduction Security 49

GlobalTranz

JUNE 30, 2015

Instead, manufacturers should take advantage of millennial-desires to stay in contact, which could actually reduce company expenses for communicating between employees and managerial staff. This is not a problem for manufacturers, but it does pose the implications of how to address this sense of responsibility and entitlement.

Ordering 108

Ordering Buyer Training Logistics Network Optimization Software Expense Reduction 108

GlobalTranz

SEPTEMBER 5, 2017

However, DIM pricing is not a fad or something to fear if you know what it means and how to calculate it. This is why more shippers are looking to carriers as a partner, not just an afterthought and expense. Play with it, check it out, and you will see how DIM weight changes with changing dimensions.

Packaging 61

Packaging Negotiating Skills Price Reduction Expense Reduction 61

GlobalTranz

AUGUST 4, 2015

With that stated and clear, Mr. Waddell goes on to state how to optimize manufacturing operations with what he calls the 5 Golden Metrics of Manufacturing: There are five golden metrics that really matter: total cost, total cycle time, delivery performance, quality and safety.

Manufacturing Procurement 99

Manufacturing Procurement Procurement Analytics Optimization Software Optimization 99

GlobalTranz

DECEMBER 7, 2015

Logistics and Transportation Managers at manufacturers will have reports at their fingertips on how to continue to reduce transportation costs, a heavy portion of the expense budget, by leaning on data to continually improve. Forecasting Demand. Predictive analytics help manufacturers forecast future sales based on past sales.

Manufacturing Procurement 81

Manufacturing Procurement Trends Supply Chain Design Software Supply Chain Planning Software 81

GlobalTranz

JUNE 14, 2016

In shipping, fuel surcharges, toll costs and expenses can change rapidly. Today’s expenses are not necessarily indicative of tomorrow’s costs, but the only way to identify if the costs are appropriate is to review invoices and these costs for accuracy. Opportunities for Re-Rates Are Available. Management of Returns Is Difficult.

Packaging 50

Packaging Modeling Software Optimization Modeling Optimization Software 50

GlobalTranz

SEPTEMBER 16, 2016

For example , if your prime business time is at Christmas, using 3PL will allow you to increase the scale of your business during this busy time period and reduce the size of your operations during the summer months. 3PL providers can help your business avoid expensive . How To Choose The Right 3PL Provider For You. .

3PL 101

3PL Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Software 101

GlobalTranz

JUNE 5, 2018

The wrong strategy or blend of transportation modes will result in losses, and since consumers only see product costs through Amazonian eyes, increasing product price points and shipping charges is unacceptable. According to PNG Logistics, drivers need to reduce deadhead, and high-volume destinations result in more backhaul opportunities.

Expense Reduction 60

Expense Reduction Cost Reduction Price Reduction How To 60

Blue Grace Logistics

OCTOBER 23, 2023

Tech That Helps Small to Mid-Size Carriers Show Submenu Resources The Logistics Blog® Newsroom Whitepaper Case Study Webinars Indexes Search Search BlueGrace Logistics - October 23, 2023 With inflation continually driving costs up and demand for freight down, experts say growth in the freight market will be modest throughout 2024.

Optimization Software 62

Optimization Software Modeling Software Logistics Network Optimization Software Cost Reduction 62

GlobalTranz

MARCH 15, 2017

While trucks have a smaller carbon footprint/kg/km than air freight, the enormous volume of truck freight explains why reducing the carbon footprint is a priority goal. . Add in emissions from fork trucks, yard trucks, 3PLs and there’s almost no way for a shipper to easily assess, track and reduce their carbon footprint. .

Cost Reduction 48

Cost Reduction Waste Reduction Expense Reduction Material Savings 48

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 84

Logistics Network Optimization Software Freight Supply Chain Planning Software Inventory Reduction 84