GlobalTranz

NOVEMBER 2, 2015

Automated material handling systems reduce—and sometimes eliminate—the need for human intervention in industrial tasks. When “touches”—human intervention—are reduced, costs are significantly impacted. Research , in fact, shows the North American market for automated material handling is projected to grow at a CAGR of 8.1%

Materials Handling 104

Materials Handling Material Savings Handling Automation 104

SYSPRO Smarter ERP

FEBRUARY 24, 2025

By implementing an ERP system, manufacturers can harness the power of streamlined processes and automation to reduce wastage and costs, improve productivity and increase communication. With centralized information sharing also comes greater collaboration between departments, reducing the problem of duplicated work.

ERP 94

ERP Resource Reduction Cost Reduction Inventory Reduction 94

Dedola Global Logistics

APRIL 30, 2025

Let's dive into the trends shaping your import strategy in 2025. AI Application Benefit Estimated Impact Source/Estimate Demand Forecasting Medtechs can reduce inventory by up to 30 percent Freeing up cash and reducing write-offs. Metric Value Source/Estimate Global Trade Volume (Goods) $25 trillion WTO Estimate, 2024 U.S.

Cost Reduction 52

Cost Reduction Waste Reduction Inventory Reduction Expense Reduction 52

SYSPRO Smarter ERP

AUGUST 1, 2022

However, effectively dealing with these challenges and optimizing a manufacturing business’ processes is challenging without adopting and implementing a Bill of Materials (BOM) to accompany an organization’s ERP system. What is a Bill of Materials? Benefits of Bill of Materials (BOM) for manufacturers.

Optimal Sourcing 111

Optimal Sourcing Manufacturing Procurement Material Savings Inventory Reduction 111

SYSPRO Smarter ERP

APRIL 8, 2025

In manufacturing, performance improvement, cost reduction and process optimization are crucial. AI and ML can analyze machine data from a manufacturing ERP to predict when equipment might fail, allowing for timely maintenance and reducing downtime. Choose a business case that has a narrow scope, for example, demand forecasting.

ERP 62

ERP Supply Chain Design Software Modeling Software Optimization Software 62

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. The bullwhip effect is one example of this disruptive effect, when small changes in demand cause huge demand spikes downstream.

Supply Chain Design Software 119

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

GlobalTranz

MAY 23, 2017

We work with a lot of manufacturing companies and one of the questions we get most often is 'Why do we need to blog'? Often followed by 'How do we blog for manufacturing'? A word about what a blog is. But a blog is not all writing and the part that is written should be conversational and natural. Reference materials.

Manufacturing Procurement 75

Manufacturing Procurement Blog Waste Reduction Waste 75

SYSPRO Smarter ERP

JULY 19, 2022

Businesses are continuously trying to find ways to maximize productivity and reduce waste to remain competitive in the global marketplace. However, manufacturers can only reap those benefits if they implement the right processes to enable this approach and embrace a strategy of continuous improvement. What is lean manufacturing?

Manufacturing Procurement 105

Manufacturing Procurement ERP Waste Reduction Material Savings 105

SYSPRO Smarter ERP

SEPTEMBER 20, 2022

For a manufacturer, the Bill of Materials (BOM) is the recipe (the ingredients and their amount, with the preparation instructions) that drives the business. Building and maintaining a Bill of Materials (BOM). Typically, a Bill of Materials (BOM) is built by two people — an engineer and a cost accountant. It is the secret sauce.

ERP 116

ERP Material Savings Manufacturing Procurement How To 116

ECW

OCTOBER 3, 2024

Our discussion spanned various critical areas, including the distinguishing features of these commodities, the impact of global supply chain dynamics, and the essential strategies for managing risks and operational challenges. Take the Panama Canal, for example. Welcome back, Richard. And now, cybersecurity is a big threat.

Inventory Reduction 130

Inventory Reduction Material Savings Vendor Strategies Cost Reduction 130

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.

Outsourcing 98

Outsourcing Optimal Sourcing Supply Chain Software Cost Reduction 98

WorkWave

APRIL 8, 2019

Pre-Planning Your Social Strategy. Completing the following questions, outlined by Marketing Consultant Mark Schaefer, will be helpful when building out your social media strategy: 1)What makes you truly unique? Or, horror stories where your technicians had to save the day. Executing The Strategy. What is your story?

Material Savings 74

Material Savings Resource Reduction Waste Reduction Strategy 74

SYSPRO Smarter ERP

OCTOBER 18, 2021

For example, the manufacturing sector in Australia is one of the top three heaviest carbon emitters within the country. Through the Emissions Reduction Fund , the Australian government will also provide an incentive to manufacturers to proactively reduce their emissions. The pressure to confront climate change.

Manufacturing Procurement 130

Manufacturing Procurement Optimal Sourcing Resource Reduction Supply Chain Planning Software 130

3PL Insights

JANUARY 17, 2023

Third-party logistics providers (3PLs) that invest in new technologies will be well-positioned to improve efficiency, reduce costs, and increase accuracy, to remain competitive and meet the demands of the market. An experienced 3PL can help businesses save money and strengthen their supply chain. Digital Technologies. Nearshoring.

Material Savings 88

Material Savings Trends Cost Reduction Logistics Network Optimization Software 88

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

SYSPRO Smarter ERP

FEBRUARY 21, 2022

In past blogs, we have discussed different types of manufacturing – discrete and process. Discrete manufacturing makes distinct ‘things’, process manufacturing makes ‘stuff’ (for example, fertilizer). Specific industries have specific manufacturing strategies for good reason. Expiry date control.

Manufacturing Procurement 116

Manufacturing Procurement ERP Material Savings Inventory Reduction 116

Material Handling and Logistics

JANUARY 8, 2018

To look at what risks will affect the supply chain in 2018, Rob Savitsky of AIR Worldwide ( a member of the MIT Center for Transportation & Logistics Supply Chain Exchange program), wrote a blog for MIT discussing three broad categories of supply chain risk. Savitsky points to the example of a potential disruption that was averted.

Supply Chains 142

Supply Chains Cost Reduction Examples Events 142

Logistics Bureau

MAY 22, 2016

The ability to reduce inventory levels is only one of a number of reasons to target cycle times as a way to reduce your working capital needs. The key cycles to target for working capital reduction include: The customer order cycle time. Areas in Which to Target Cycle Time Reductions. Cycles Within Cycles.

Material Savings 53

Material Savings Vendor Strategies Inventory Reduction Cost Reduction 53

Logistics Bureau

FEBRUARY 4, 2025

Effective lead time management is a critical factor in securing supply chain efficiency and cost control, since lead time represents the total time required for a product or material to move through the supply chain, as measured from the time of ordering to the time of delivery. What is Lead Time and Why Does it Matter?

Supply Chains 49

Supply Chains Manufacturing Procurement Inventory Reduction Scenario Planning 49

SYSPRO Smarter ERP

FEBRUARY 22, 2024

Using alphanumeric logic can help you optimize simple picking strategies without having to implement a full-blown warehouse solution or warehouse mapping solution. Separate raw materials and finished goods. Use space-saving containers or shelving. For example, the old handhelds took 20 to 60 seconds to load a list of lots.

Manufacturing Procurement 116

Manufacturing Procurement Inventory Reduction Expense Reduction Waste Reduction 116

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

SYSPRO Smarter ERP

MAY 22, 2023

A sustainable chain involves implementing sustainable practices at each stage of the supply chain, from raw material sourcing and production to transportation, distribution, and end-of-life disposal. Product design – use of appropriate materials; design the product for extended future use. What is a sustainable supply chain?

Manufacturing Procurement 98

Manufacturing Procurement Supply Chain Design Software Supply Chain Planning Software Supply Chain Design 98

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

SYSPRO Smarter ERP

APRIL 13, 2022

The war and imposed sanctions will create a knock-on effect across the supply chain , and businesses will be impacted by material shortages, material cost increases, demand volatility, logistics and capacity constraints as well as cybersecurity breaches. Supply chain survival strategies that manufacturers and distributors can leverage.

Supply Chain Planning Software 111

Supply Chain Planning Software ERP Supply Chain Software Price Reduction 111

SYSPRO Smarter ERP

MARCH 2, 2022

Just-in-time focuses on having materials arrive just as production is scheduled to begin. To mitigate the risk of unexpected supply chain disruptions, sourcing strategies will need to be revised. The quality of goods received may not be as easy to control and procurement may not know about the quality of materials until they arrive.

Optimal Sourcing 116

Optimal Sourcing Manufacturing Procurement Supply Chain Planning Software Supply Chain Software 116

SYSPRO Smarter ERP

APRIL 18, 2022

Longstanding weaknesses in the supply chain like port infrastructure, outdated supply chain strategies and impacts of natural disaster and wars have all further affected global supply chains. The post How manufacturers and distributors can use ERP to gain control across the supply chain appeared first on SYSPRO Blog.

Manufacturing Procurement 124

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software ERP 124

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. This blog post delves into the intricacies of multi-tier supply chain analytics and optimization, exploring its significance, methodologies, benefits, and challenges.

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. This blog post delves into the intricacies of multi-tier supply chain analytics and optimization, exploring its significance, methodologies, benefits, and challenges.

Optimal Sourcing 52

Optimal Sourcing Optimization Software Material Savings Supply Chain Planning Software 52

SYSPRO Smarter ERP

SEPTEMBER 8, 2022

High and increasing costs, in combination with long recovery times, have triggered many companies to reassess their customer service plus supply-chain strategies and footprints to make them more resilient to any kind of disruption. Reducing risk in supply chains. Implementing a procurement strategy.

Manufacturing Procurement 105

Manufacturing Procurement Supply Chain Design Software Supply Chain Planning Software Supply Chain Design 105

SYSPRO Smarter ERP

NOVEMBER 14, 2022

Below are four recalibration tactics decision-makers looking to adopt a growth mindset should consider integrating into their strategies to drive growth and maintain relevance now and in the future. Implementing innovative cost-saving for a manufacturer. Entering the digital economy. Embracing smart technology is becoming a necessity.

Manufacturing Procurement 116

Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 116

Logistics Bureau

NOVEMBER 6, 2023

Of course, there is no quick and easy way to curb increases in the cost of energy and labour, but now is an excellent time to start thinking about practical ways to reduce energy usage and increase labour productivity and efficiency. Is Our Warehouse Lighting Energy Efficient? Are We Lighting Our Warehouse Spaces Unnecessarily?

Cost Reduction 98

Cost Reduction Purchasing Skills Waste Reduction Material Savings 98

SYSPRO Smarter ERP

JANUARY 12, 2022

With direct and indirect materials making up at least 50% of typical manufacturing costs, the procurement function could be re-imagined so companies can be more responsive to customer demands and more agile when dealing with supply chain challenges. The first stage of reimagining procurement is to look at sourcing strategies.

Manufacturing Procurement 105

Manufacturing Procurement Optimal Sourcing Procurement Solutions Supply Chain Planning Software 105

Logistics Bureau

DECEMBER 22, 2024

A KPI is a practical and objective measurement of progress, either: Towards a predetermined goal, or Against a required standard of performance It might help to think of a KPI as something like an instrument on a car dashboarda speedometer, for example. For this reason, KPIs are essential for any business improvement strategy.

Supply Chains 74

Supply Chains Procurement Analytics Inventory Reduction Purchasing Skills 74

Logistics Viewpoints

DECEMBER 14, 2023

This calls for treating suppliers as partners in a relationship built on trust and transparency that reduces risk across the supply chain and ensures business continuity. These scenarios should consider any financial implications, such as missing out on price breaks or preferred customer discounts. Nari Viswanathan is currently Sr.

Supply Chain Design Software 130

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Optimal Sourcing 130

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. For example: Compared to selling a product in-store, the cost to deliver that same item as a small parcel can be several times higher. High Cost to Serve: It’s an Omnichannel Problem.

Cost Reduction 98

Cost Reduction Purchasing Skills Expense Reduction Inventory Reduction 98

GlobalTranz

SEPTEMBER 21, 2015

If you have followed our blog previously, you have seen us blog about 3D Printing. You can view all the 3D Printing blog posts in the category here. Additive Manufacturing refers to a process by which digital 3D design data is used to build up a component in layers by depositing material.

Manufacturing Procurement 98

Manufacturing Procurement Video Modeling Software Optimization Software 98

Freightos

APRIL 25, 2024

Blog " * " indicates required fields Email * Comments This field is for validation purposes and should be left unchanged. Despite the reduced customs costs, both companies are likely shipping by air at a loss—a sustainable strategy for their coffers but one that majorly impacts supply chain organizations reliant on the same volumes.

Cost Reduction 117

Cost Reduction Cargo Price Reduction Resource Reduction 117