GlobalTranz

JULY 7, 2017

Editor's Note: Today's is blog is from Nicole Lewis who shows us the steps for smarter logistics planning optimization. However, contemporary business affairs feel an increasing need not only in logistics planning optimization but also in it as a whole procedure. Logistics planning optimization, evaluation of results and monitoring.

Optimal Sourcing 25

Optimal Sourcing Supply Chain Planning Software Optimization Software Logistics Network Optimization Software 25

SYSPRO Smarter ERP

MARCH 20, 2024

Common issues include: Lack of data-source integration. The ability to gather and compare data from multiple sources is vital to making real-time decisions. Storage costs increase significantly when you duplicate data across multiple sources. In recent years, the amount of data available to most companies has exploded.

Manufacturing Procurement 105

Manufacturing Procurement Optimal Sourcing Expense Reduction Cost Reduction 105

Logistics Business Magazine

OCTOBER 2, 2024

Watch our logistics software webinar , entitled ‘Logistics Software: Beyond the RFI & the RFP. Achieve Supply Chain Excellence’, where industry experts will guide you through mastering the logistics software selection and procurement process. Are you planning to buy new logistics software in the next 12 months?

Logistics Network Optimization Software 49

Logistics Network Optimization Software Procurement Solutions Supply Chain Planning Software Supply Chain Software 49

GlobalTranz

NOVEMBER 17, 2016

Supply chain leaders must be ready to implement big data and leverage it to improve their companies without any delay or inhibition This may sound impossible and frightening, but they must only understand how big always goes back to these two, simple principles of measurement, review, and action. Continuous Improvement is a complex notion.

Supply Chain Design Software 115

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

Blue Grace Logistics

JULY 21, 2020

Understanding the nuances of your supply chain and how to improve upon it is the best way to achieve maximum savings, optimize efficiency, and manage customer expectations. Measuring can help you to: Analyze the need for process improvements. Understand where cargo can be consolidated to increase cost savings.

Optimal Sourcing 62

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

GlobalTranz

OCTOBER 19, 2015

Effective transportation management strategy takes into account the availability of materials and order fulfillment requirements, ensuring that those resources are optimally utilized and warehouse capacity. Additionally, some level of predictability helps in the carrier sourcing aspect of the business too.

Resource Reduction 97

Resource Reduction Cost Reduction Optimal Sourcing Waste Reduction 97

AIMMS

FEBRUARY 9, 2017

If you’ve read up on the latest topics in the field of data analysis, then you’ve probably encountered the term Prescriptive Analytics. Eventually, the company gets so caught up in the process that it takes too long to react to problems or find opportunities for business improvement. billion in value by 2019.

Supply Chain Planning Software 78

Supply Chain Planning Software Optimization Software Modeling Software Supply Chain Software 78

GlobalTranz

OCTOBER 14, 2015

In today's highly competitive marketplace, it’s imperative for businesses to innovate new ways to streamline their supply chain and optimize productivity. Here are just a few ways to integrate modern supply chain technology applications into your business model and improve your supply chain management. Source: Morai Logistics.

Supply Chain Planning Software 104

Supply Chain Planning Software Supply Chain Software Supply Chain Technology Sourcing Strategies 104

Logistics Viewpoints

SEPTEMBER 19, 2023

Supply chain executives must evolve from cost and service as the key objectives for optimal demand-supply balancing towards the “quadfecta” of cost, service, resiliency, and sustainability. There may be several nodes that are critical and single sourced thus elevating the risk profile of the supply chain.

Supply Chain Design Software 119

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Supply Chain Software 119

Conger

MARCH 28, 2024

These fast speeds improve the hardware used for fleet management and the bandwidth used for the Internet of Things (IoT). This data helps in identifying areas for improvement, optimizing operations, and making data-driven decisions. This data identifies inefficiencies, optimizes maintenance schedules, and improves productivity.

Optimization Software 72

Optimization Software Optimal Sourcing Expense Reduction Cost Reduction 72

GlobalTranz

NOVEMBER 19, 2015

6 Benefits of Applying Useable Data in Logistics For Continuous Improvement. In this post we will talk about how you can improve your transportation management program by focusing on using data, extracted from the use of technology, such as a transportation management system, that then people can use to continuously improve.

Data 77

Data Sourcing Strategies Optimal Sourcing Transportation 77

GlobalTranz

JULY 14, 2015

Take a look at how the IoT supply chain is changing the landscape in terms of equipment functionality, shipping processes, invoicing and payments, and analysis of trends. Hospitals could automatically place new orders for supplies before existing stocks become scare, which would improve patient outcomes and foster better nationwide health.

Supply Chain Software 103

Supply Chain Software Supply Chains Manufacturing Procurement Scenario Planning 103

GlobalTranz

APRIL 22, 2015

Efficient logistics is an important determinant of a country’s competitiveness and source of employment. It is also defined as the procurement, maintenance, distribution, and replacement of personnel and material. It also tried to provide these services whenever and wherever required, in the most optimal and economical manner.

Global logistics 116

Global logistics Material Savings Cost Reduction Supply Chain Planning Software 116

Freightos

FEBRUARY 13, 2024

Judah Levine February 13, 2024 Optimize your logistics tendering, vendor selection, negotiations, and procurement with Freightos Data Book a Demo Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) increased 11% to $4,859/FEU. Europe – N. America weekly prices fell 1% to $2.03/kg.

Optimal Sourcing 77

Optimal Sourcing Negotiating Skills Demo Data 77

GlobalTranz

JANUARY 17, 2017

Newer technologies have created entirely new methodologies for improving manufacturing, and the outlook is brighter than ever. According to Business Insider, major companies from all industries are starting to look at the IoT as a source of inexhaustible revenue and productivity, including Lockheed Martin, Microsoft, Cisco, Epson and more.

Manufacturing Procurement 82

Manufacturing Procurement Procurement Analytics Expense Reduction Material Savings 82

GlobalTranz

MAY 1, 2018

Since this trend isn’t likely to change anytime soon, shippers who can contain the cost of shipping by maximizing efficiency and optimization throughout their shipping network will be on firm ground heading into the future. The first step is to collect all the data required to support optimal decision-making within the shipping function.

Procurement Analytics 61

Procurement Analytics Optimal Sourcing Data Sourcing Strategies 61

GlobalTranz

JULY 29, 2015

A distributor or manufacturer’s strength is in making product—its focus is procurement and streamlining production, but without the capability to fulfill orders, it is doomed. Because all of the activity happens in this transportation management platform, several reports and custom analysis can be created.

Outsourcing 98

Outsourcing Transportation Manufacturing Procurement Logistics Network Optimization Software 98

CLX Logistics

MARCH 6, 2020

Tactical optimization. Strategic design involves optimizing your supply chain to achieve the greatest balance possible of service, efficiency, flexibility, transparency, and sustainability. Part of strategic design includes implementing custom sourcing strategies that suit your operational needs and corporate goals.

Optimal Sourcing 40

Optimal Sourcing Cost Reduction Material Savings Sourcing Strategies 40

AIMMS

FEBRUARY 9, 2017

If you’ve read up on the latest topics in the field of data analysis, then you’ve probably encountered the term Prescriptive Analytics. Eventually, the company gets so caught up in the process that it takes too long to react to problems or find opportunities for business improvement. billion in value by 2019.

Supply Chain Planning Software 62

Supply Chain Planning Software Modeling Software Optimization Software Supply Chain Software 62

GlobalTranz

AUGUST 25, 2017

Operations Research Analysis Manager. They work on continuous improvement of quality and efficiency of operations under their direct control. These executives oversee procurement of supplies and provide inventory control. They work on identification of global material sources and schedule material flow.

Inventory Reduction 30

Inventory Reduction Material Savings Optimal Sourcing Sourcing Strategies 30

GlobalTranz

SEPTEMBER 28, 2016

Moreover, Supplier Development promotes ongoing improvements that are intended to benefit both your company and supplier(s).It It is important to note that the above focus does not take into account short-term efforts to improve cost, quality or delivery issues with supplier(s) to meet companies’ expectations. 50% improvement) min.

Supply Chain Planning Software 89

Supply Chain Planning Software Supply Chain Software Supply Chains Scenario Planning 89

GlobalTranz

FEBRUARY 27, 2017

However, while technology evolves to allow better tracking of carbon footprint, there’s a potential to substantially improve overall with sustainable logistics by addressing a less often discussed but insidious problem. Those steps will improve the quality and create the awareness and data necessary to improve continuously.

Waste Reduction 80

Waste Reduction Cost Reduction Expense Reduction Material Savings 80

GlobalTranz

NOVEMBER 11, 2016

Big data in supply chain has become synonymous with better business, improving efficiency in the supply chain, continually improving and innovation. In other words, they have actually used data analysis to realize what does and does not improve profit margins. When Did Big Data in Supply Chain Become a Game-Changer? .

Supply Chain Software 92

Supply Chain Software Supply Chains Data Sourcing Strategies 92

GlobalTranz

FEBRUARY 7, 2018

While most brands have already integrated live system tracking, secure data exchange processes, and visibility and traceability throughout systems, the use of cloud-based technologies will begin to have a major impact on procurement processes as well, says Marc Wins of Procurement Academy.

Supply Chain Design Software 68

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Technology 68

GlobalTranz

JANUARY 5, 2016

Over time, this equipment improves profitability and has a positive return on investment. McKinsey says it eloquently and also provides an excellent infographic : Manufacturers can create value, cut costs, and reduce exposure to volatile commodity prices by improving their resource productivity—using fewer resources for each unit of output.

Supply Chain Planning Software 64

Supply Chain Planning Software Supply Chain Software Supply Chains Trends 64

Blue Grace Logistics

SEPTEMBER 20, 2018

Source: [link]. Analysis with BlueGrace . Once you have a strong understanding of your current network and the costs associated with your vendors, you can begin to dig deeper by looking at various analysis offered by BlueGrace, such as the ship weight analysis, explained below. . 22, totaling at $174 million. .

Capacity 48

Capacity Negotiating Skills Optimal Sourcing Vendor Strategies 48

GlobalTranz

OCTOBER 10, 2017

Using technology to improve last mile metrics is essential to driving last mile costs down, but how do shippers know if the technology is helping or hurting? In fact, 72 percent of survey respondents believe it is very important to improve access to data for in-transit shipments, which includes last mile delivery. Average Service Time.

Cost Reduction 61

Cost Reduction Waste Reduction Expense Reduction Logistics Network Optimization Software 61

GlobalTranz

JULY 6, 2015

Robotics is not just a way to help companies, but many manufacturers have recognized how robots can improve their supply chain processes, benefit the company, and drive their future success. Robotics also answers a second question of those involved in the supply chain: how will the company improve efficiency and save money?

Manufacturing Procurement 110

Manufacturing Procurement Logistics Network Optimization Software Expense Reduction Sourcing Strategies 110

GlobalTranz

JULY 22, 2016

Logistics technologies have huge untapped potential for improving the e-commerce landscape. Furthermore, companies with a surplus of services, such as extra trucks, can benefit by turning their existing logistics capabilities into sources for other logistics providers. Benefits of Logistics Technology in E-Commerce.

Logistics Network Optimization Software 60

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

GlobalTranz

MAY 12, 2015

At Cerasis, our backbone is business process improvement through technology. 5 Manufacturers know this: three out of four companies today say that improving cross-departmental systems, enabling process collaboration, and integrating processes are among their top strategic priorities. Embrace Digital Disruption.

Manufacturing Procurement 97

Manufacturing Procurement Modeling Software Supply Chain Planning Software Digital 97

GlobalTranz

JUNE 29, 2017

Another reason data is collected is to make the decisions that will positively impact the success of a company, improve its practices and increase revenue. The extent of a data initiative is not limited to the data produced by the company’s own research, it must include data obtained from external sources as well.

Data 77

Data Waste Reduction Sourcing Strategies Expense Reduction 77

GlobalTranz

DECEMBER 7, 2015

Manufacturers will be able to improve their inventory due to the information presented by both supply chain and operations data. This article from Toolbox.com’s 4 other broad uses of advanced analytics for manufacturers : Improving Quality. Continuous quality improvement requires sophisticated high tech robot systems.

Manufacturing Procurement 81

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

GlobalTranz

MAY 25, 2018

Precursor technology enables continuous improvement in warehouse management. The connection of systems nets scalability and actionable insights from the analysis of Big Data through the IoT. Integrate all supply chain systems, increasing savings in transportation management, procurement and everywhere in between.

Inventory Reduction 50

Inventory Reduction Supply Chain Planning Software Inventory Supply Chain Software 50

GlobalTranz

MARCH 15, 2017

However, while technology evolves to allow better tracking of carbon footprint, there’s a potential to substantially improve overall logistics sustainability by addressing a less often discussed but insidious problem. Those steps will improve the quality and create the awareness and data necessary to continuously improve. .

Cost Reduction 48

Cost Reduction Waste Reduction Expense Reduction Material Savings 48

GlobalTranz

SEPTEMBER 19, 2016

The company has set various environmental goals and can stay on track with these goals through a rigorous system of self-monitoring and analysis. Even if recycling isn’t a viable option when it comes to building your facility, you can still be mindful of where you source your building materials.

Manufacturing Procurement 87

Manufacturing Procurement Material Savings Resource Reduction Industry 87

GlobalTranz

JANUARY 19, 2016

These newer technologies and regulations are designed to enhance the overall workflow for truckers and shippers, which will improve safety and reduce the potential, negative impacts from incidents or accidents. Yet, a true analysis cannot possibly fathom how increases and advancements in technology will improve the truck driver shortage.

Trends 53

Trends Transportation Logistics Network Optimization Software Sourcing Strategies 53

GlobalTranz

FEBRUARY 24, 2015

Seizing control of freight and transportation spend can improve operating income by five to 10 percent, and boost stock prices by 10 to 20 percent, according to an Accenture study, From a Shipper’s Market to a Carrier’s Market. These functions must integrate easily into current logistics, invoicing , and procurement processes.

Data 94

Data Transportation Cost Reduction Material Savings 94