GlobalTranz

JANUARY 21, 2015

As a supply chain director, manager, or boss of a multinational corporation, where the supply chain is an integral part of your business, supply chain cost reductions are always at the forefront of your team’s mind. Vendor Managed Inventory Model for Supply Chain Cost Reductions. Complete one-on-one meetings.

Vendor Strategies 96

Vendor Strategies Inventory Reduction Cost Reduction Waste Reduction 96

GlobalTranz

OCTOBER 24, 2016

Patrick gives us some insight into workplace efficiency and how to reduce waste. . The lean concept, itself, is a strategy created to simplify, organize and optimize a working environment. Targeting Workplace Efficiency and Reducing Waste . If possible, reduce produced products based on consumer demand. . Time Waste .

Waste Reduction 99

Waste Reduction Inventory Reduction Resource Reduction Cost Reduction 99

GlobalTranz

NOVEMBER 17, 2016

The most common complaint of newer companies using big data analytics capabilities tends to revolve around traditional questions of business strategy. Consider the following elements explains John Richardson of Inbound Logistics, that impact business strategy. Raw material suppliers and logistics. Increasing order efficiency.

Supply Chain Design Software 115

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

Logistics Business Magazine

OCTOBER 10, 2024

With a service life of over ten years and a high proportion of recycled material, they reduce resource consumption and the need for new transport solutions. Analysis of the supply chain The first step is to assess whether it makes sense to switch to reusable plastic packaging for your own application.

Packaging 52

Packaging Material Savings Supply Chain Design Software Transportation 52

WorkWave

MARCH 27, 2025

With a strong business intelligence foundation in place, businesses can enhance their strategies and ultimately drive growth through informed decisions. Data-Driven Strategy Formulation Organizations can leverage deeper insights to shape their strategies and operations.

Sourcing Strategies 52

Sourcing Strategies Optimal Sourcing Resource Reduction Data 52

GlobalTranz

JULY 12, 2016

A Director of Operations, Warehouse Director or Manager, or even the Director of Supply Chain or Logistics, are always in the pursuit of continuous improvement as well as warehouse cost savings in both time and money. 5 Key Areas to Focus on in the Pursuit of Warehouse Cost Savings. Revise your labor scheduling strategy.

Material Savings 73

Material Savings Cost Reduction Optimal Sourcing Inventory Reduction 73

3PL Links

MAY 3, 2023

Improving Supply Chain Visibility: The Impact of Data Strategy | Image source: Pixabay A business-contextualized data approach is crucial for boosting supply chain visibility, especially during downturns. It is important to answer the following questions: What is the goal of developing a data strategy? Which tools should we use?

Sourcing Strategies 62

Sourcing Strategies Inventory Reduction Material Savings Cost Reduction 62

GlobalTranz

MARCH 24, 2015

Carriers in the trucking industry and also shippers today are actively looking for ways to combat the rising costs of operating their businesses, but they often do not fully understand proper benchmarking, transportation cost analysis, and profit management are intertwined. The ATA can also provide you with specific materials on the subject.

Purchasing Skills 94

Purchasing Skills Cost Reduction Analysis Procurement Analytics 94

Conger

APRIL 1, 2024

By carefully planning and scheduling maintenance before issues arise, businesses can avoid interruptions and reduce costs associated with emergency repairs and downtime. Continue reading to learn more about this essential strategy to ensure your equipment performs optimally at all times. Let’s dive in!

Material Savings 81

Material Savings Expense Reduction Resource Reduction Cost Reduction 81

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. Balancing supply and demand by orchestrating the flow of materials and information is a key requirement for managing operational risks.

Supply Chain Design Software 116

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Supply Chain Software 116

GoShip Blog

FEBRUARY 7, 2023

Over the years, marketing strategies have evolved with the times, the advent of technology, and changes in consumer behavior. Why a Solid Marketing Strategy is Important A marketing strategy refers to a business’s action plan for achieving its short and long-term goals and developing a sustainable competitive advantage.

Waste Reduction 52

Waste Reduction Price Reduction Resource Reduction Expense Reduction 52

Material Handling and Logistics

JANUARY 22, 2019

The data these investors and purchasers gather from CDP is crucial to inform their decision making, help them engage with companies, reduce risks and identify opportunities. “ million (US$3.6 billion (US$4 million). million (US$3.6 billion (US$4 million).

Material Savings 107

Material Savings Manufacturing Procurement Purchasing Skills Cost Reduction 107

GlobalTranz

APRIL 20, 2021

Large companies with a supply chain risk strategy already in place couldn’t fully cope with the impact of the pandemic. It’s the result of a deliberate strategy that may require tradeoffs compared to other approaches. This strategy requires greater investment and inventory carrying costs but enables continued production.

Supply Chain Planning Software 115

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

GlobalTranz

MAY 6, 2015

Reduce Lead Time. Reducing inbound and outbound transportation logistics gets us closer to customer demand which results in reduced reliance on forecasting, increased flexibility, and reduced waste of”overproduction”. Increase Velocity, Throughput and Reduce Variation. Inventory velocity and inventory reduction.

Supply Chain Planning Software 127

Supply Chain Planning Software Waste Reduction Inventory Reduction Supply Chain Software 127

SYSPRO Smarter ERP

NOVEMBER 8, 2021

According to McKinsey , the value of goods traded globally has tripled to more than US$10 trillion since 2000, and because of recent events, they are having to re-evaluate supply chain strategies. Unfortunately, the state of disruption to the current landscape has never been contemplated and very few strategies exist to navigate it.

Supply Chain Planning Software 116

Supply Chain Planning Software Supply Chain Software Supply Chains Sourcing Strategies 116

GoShip Blog

APRIL 8, 2024

At the heart of this growing trend lies a critical challenge: efficiently shipping prefab home materials across the nation. There are intricacies involved in the nationwide shipping for prefab materials and unique hurdles that must be overcome, such as managing oversized loads and navigating route restrictions.

Material Savings 52

Material Savings Efficiency Optimization Software Cost Reduction 52

GlobalTranz

JANUARY 8, 2015

More firms are implementing lean inventory management techniques to reduce costs, improve flexibility and have more time to focus on their customers. The result is usually reduction of costs and improvement in quality. Value Analysis (VA) can be used to reduce costs and retain quality. What is Lean Inventory Management?

Inventory Reduction 109

Inventory Reduction Inventory Waste Reduction Cost Reduction 109

Logistics Viewpoints

MARCH 25, 2021

Global trade regulations and conflicts, as well as tariff threats as a political tool, could cut off sources and markets and push your business plan into the red. Your transportation consultant can help develop response strategies to ensure your supply chain continues to operate while the problem is addressed.

Supply Chain Planning Software 131

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 131

Logistics Bureau

APRIL 3, 2023

If you’re a decision-maker with accountability for your organisation’s entire supply chain, and you’re just starting to think about outsourcing, perhaps to reduce costs or improve service, this post should prove well worth the few minutes it will take you to read it. What Can You Outsource, and What Should You Outsource?

Outsourcing 98

Outsourcing Optimal Sourcing Supply Chain Software Cost Reduction 98

Log-hub

MAY 22, 2024

In today’s complex and interconnected global economy, managing supply chains has evolved into a sophisticated discipline that requires advanced tools and strategies. TIER 3 AND BEYOND : Further upstream suppliers contributing raw materials or components used by Tier 2 suppliers. Here, standardization plays a vital role.

Optimal Sourcing 52

Optimal Sourcing Optimization Software Material Savings Supply Chain Planning Software 52

Log-hub

MAY 22, 2024

In today’s complex and interconnected global economy, managing supply chains has evolved into a sophisticated discipline that requires advanced tools and strategies. TIER 3 AND BEYOND : Further upstream suppliers contributing raw materials or components used by Tier 2 suppliers. Here, standardization plays a vital role.

Optimal Sourcing 52

Optimal Sourcing Optimization Software Material Savings Supply Chain Planning Software 52

Logistics Bureau

MAY 31, 2021

Let’s begin with a look at why, in general, retailers with multiple sales channels are more likely to experience difficulties in reducing cost-to-serve. Again, these are changes that can add to your cost-to-serve, and, during your transition, you might not have had time to look for ways to reduce expenditure.

Cost Reduction 98

Cost Reduction Purchasing Skills Expense Reduction Inventory Reduction 98

Logistics Viewpoints

MAY 23, 2024

Situation Companies are increasingly confronted with complex planning scenarios due to predictable events such as mergers and acquisitions, category expansions, supplier changes, and distribution evolution, as well as disruptive events including demand volatility, material shortages, capacity constraints, and logistical surprises.

Scenario Planning 121

Scenario Planning Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 121

CLX Logistics

JULY 26, 2021

Let’s look at the facts – the percentage of supply chain managers using new analytics tools and services to develop better bidding strategies has increased from 17% in 2017 to more than 30% in 2020. Next-generation supply chain management tools like CLX LaneLogix are a perfect example of the type of system.

Material Savings 40

Material Savings Sourcing Strategies Cost Reduction Inventory Reduction 40

Logistics Bureau

NOVEMBER 12, 2024

Of course this stage of planning can become pretty complex, and it will often pay to seek advice from equipment suppliers or even engage a consulting firm to help you develop your storage strategy. This involves using data and simulation tools to identify areas for improvement and implement changes that enhance efficiency and reduce costs.

Modeling Software 72

Modeling Software Supply Chain Design Software Supply Chain Planning Software Optimization Software 72

SYSPRO Smarter ERP

AUGUST 31, 2023

If you are a finance professional in a manufacturing business, your main goals are to reduce risk, improve profitability, and maintain high levels of compliance. To build and customize reports many teams use Excel, the accountant’s favorite tool. Pulling data takes time and then you must format it for analysis and check for errors.

Optimal Sourcing 111

Optimal Sourcing Optimization Software Data Optimization 111

AIMMS

OCTOBER 22, 2019

The supply chain division fulfills 40,000 individual customer orders every day, making sure that 32,000 engineers get the tools, parts and equipment they need to deliver support and services. We have used AIMMS to address questions on depot strategy, for instance. You have to do loads of hard work before seeing any material results.

Supply Chain Design Software 96

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Supply Chain Software 96

Talking Logistics

APRIL 25, 2019

As online sales become increasingly popular, the growth of e-commerce has impacted every part of the supply chain, and material handling equipment (MHE) and fleet services are no different. There is a desire to reduce the amount of traditional equipment and incorporate more automated, less labor-intensive types of models.

Materials Handling 72

Materials Handling Supply Chain Planning Software Modeling Software Material Savings 72

SYSPRO Smarter ERP

OCTOBER 20, 2021

The second step will be to convert all critical business data produced going forward that requires analysis to be collected going forward. Thanks to AI technology, the system has a greater ability to anticipate late deliveries, material shortages and even breakdowns before they happen. Digital transformation: a strategy.

Digital 133

Digital Factories Supply Chain Planning Software Supply Chain Software 133

GlobalTranz

OCTOBER 19, 2015

Those savvy shippers who either find those resources internally or are doing what a lot of shippers are now doing, outsourcing to a transportation management service provider , are using a more strategic and effective transportation management approach as a competitive advantage tool, in the ever-challenging economic and commercial landscape.

Resource Reduction 97

Resource Reduction Cost Reduction Optimal Sourcing Waste Reduction 97

WorkWave

SEPTEMBER 14, 2022

AI can help your company save time, money, and energy by completing tasks without the need for human guidance. No matter your industry, AI can help your business improve efficiency and reduce the potential for errors. Learn more about the best AI tools for small businesses below. AI-based Graphic Design Tools.

Optimization Software 52

Optimization Software Tools Resource Reduction Material Savings 52

Transporeon

JANUARY 25, 2018

In the case of an Amway multivitamin, for example, the company controls the process “from seed to supplement,” transporting raw materials to manufacturing sites in the U.S., We also saved over 200 labor hours by implementing Ticontract.” It is a good feeling to know that you have control over the negotiation process.”

Negotiating Skills 48

Negotiating Skills Manufacturing Procurement Cost Reduction Supply Chain Planning Software 48

SYSPRO Smarter ERP

JANUARY 19, 2022

When China shut down operations in a bid to contain Covid-19, supply chains ran out of material. To help consolidate loads and reduce costs of shipping, new and bigger container ships capable of carrying 18,000 containers are being built – the size of these container ships has doubled in the last 15 years.

Manufacturing Procurement 105

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software Supply Chains 105

Stord

OCTOBER 15, 2024

Analytics for Risk Management This isn't your grandmother's data analysis; we're talking about sophisticated pattern recognition that makes your shipping operation smoother than a freshly waxed surfboard. But here's the good news - implementing robust data security protocols can reduce your risk by up to 85%.

Data 78

Data Ordering Negotiating Skills Supply Chain Design Software 78

WorkWave

SEPTEMBER 10, 2024

We sat down with WorkWave’s Senior Director of Artificial Intelligence Strategy, Dr. Robert Coop, to discuss how AI is changing the pest control industry and offer insights into what pest control AI will look like in your soon-to-be day-to-day. This reduces travel time and allows for more efficient service delivery.

Optimization Software 104

Optimization Software Resource Reduction Material Savings Cost Reduction 104

CLX Logistics

APRIL 22, 2024

Companies that have streamlined their supply chains experience a 15% reduction in supply chain costs, maintain inventory holdings below 50%, and achieve cash-to-cash cycles that are three times faster. [1] Knowledge pulls in specific rate structures and data points to determine how to save costs.

Supply Chain Planning Software 80

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Scenario Planning 80

Logistics Viewpoints

NOVEMBER 6, 2023

Large corporations often have thousands, sometimes tens of thousands, of direct material suppliers. EcoVadis’ focus is helping suppliers accelerate their journey by measuring and improving their sustainability management system, collecting and reporting their data, building capacity to ultimately drive reductions in impact.

Supply Chain Planning Software 93

Supply Chain Planning Software Resource Reduction Procurement Analytics Material Savings 93