GlobalTranz

FEBRUARY 16, 2016

This is the first of a two-part series where I will curate and cull information from my 4 decades of experience in logistics cost reduction at various positions in the supply chain. In this first part, I will focus on 6 places that you can apply to your organization to reduce costs and increase profit. You will reduce overhead costs.

Cost Reduction 65

Cost Reduction Inventory Reduction Vendor Strategies Material Savings 65

Shipchain

MAY 29, 2019

Supply chains are often very complex as they encompass all vendors, warehouses, retailers, and so on that bring a product to life and then to a customer. Blockchain’s tamper-proof nature eliminates any concerns over data validation, costs of managing data, time delays, and human errors.

Supply Chain Planning Software 126

Supply Chain Planning Software Supply Chains Vendor Strategies Cost Reduction 126

Parade

JANUARY 10, 2022

Choosing the right capacity management vendor can be complicated. Here are some questions you can ask potential capacity management vendors to make sure they can help you design a comprehensive strategy that fits your organization’s needs. The promises made by the various solutions on the market are all similar.

Vendor Strategies 78

Vendor Strategies Capacity Price Reduction Sourcing Strategies 78

Parade

JANUARY 10, 2022

Choosing the right capacity management vendor can be complicated. Here are some questions you can ask potential capacity management vendors to make sure they can help you design a comprehensive strategy that fits your organization’s needs. The promises made by the various solutions on the market are all similar.

Vendor Strategies 78

Vendor Strategies Capacity Price Reduction Sourcing Strategies 78

SYSPRO Smarter ERP

JANUARY 13, 2025

The food and beverage industry is a dynamic, ever-evolving sector in which manufacturers are continuously seeking ways to optimize production and reduce costs in the face of shifting consumer demand and preferences. The post How Food & Beverage Manufacturers Can Optimize Production with an ERP System appeared first on SYSPRO Blog.

Optimization Software 52

Optimization Software Manufacturing Procurement Supply Chain Planning Software Modeling Software 52

GlobalTranz

SEPTEMBER 14, 2016

However, following these 10 practices can help you learn how to reduce spend in the procurement supply chain. This is comparable to the Holy Trinity of Manufacturing and Shipping discussed earlier this year in previous blog posts. Use External Benchmarking Tools. Increase Lead Time for Carriers Wherever Possible. The Big Picture.

Manufacturing Procurement 102

Manufacturing Procurement Supply Chain Planning Software Optimal Sourcing Material Savings 102

Shipchain

NOVEMBER 8, 2018

Employees pose the greatest risk for committing supply chain fraud at 22.9%, vendors post 17.4%, and third-party entities represent 20.1%. Traceability Reduces Fraud and Counterfeiting. The opportunity to reduce fraud in logistics and supply chain management will require a diverse population within the blockchain.

Resource Reduction 91

Resource Reduction Vendor Strategies Waste Reduction Material Savings 91

Ship Monk

MAY 5, 2022

There are a few different ways to go about the big move, so it’s a matter of choosing the strategy that keeps your sales and fulfillment operations flowing smoothly throughout the transition. Most companies employ one of the following three strategies: Strategy 1: “Hard Switching” from Your Previous 3PL. Taking the Plunge.

Inventory Reduction 52

Inventory Reduction Vendor Strategies Cost Reduction 3PL 52

Parade

FEBRUARY 10, 2022

We recently published , a blog post about how Parade is different from other capacity management vendors, but then we realized there were even more unique features that Parade offers their customers. Parade’s approach to capacity management is different from the rest in several ways. You read that right.

Vendor Strategies 78

Vendor Strategies Capacity Price Reduction Networks 78

SYSPRO Smarter ERP

JULY 26, 2022

Each vendor offering similar value propositions, functionality and benefits and technical jargon is the name of the game. If you are about to embark on the journey towards finding a new ERP vendor, here are some considerations and guidelines centered on those three factors. . and the benefits of next generation technologies.

Modeling Software 105

Modeling Software Optimization Software Vendor Strategies ERP 105

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. Supplier lead times.

Material Savings 53

Material Savings Vendor Strategies Inventory Reduction Cost Reduction 53

Shipchain

FEBRUARY 7, 2019

For shippers to stay competitive with big-box retailers like Walmart along with growing e-commerce vendors, they must think outside the box and cut costs wherever possible. The good news is that shipping on the blockchain will eliminate much of the hassle with poor visibility and paperwork. Allow me to explain.

Logistics Network Optimization Software 112

Logistics Network Optimization Software Supply Chain Software Vendor Strategies Cost Reduction 112

SYSPRO Smarter ERP

MAY 30, 2022

As manufacturers strive to reduce costs while increasing speed, the process of procuring materials, making products, and moving them where they need to be is more complex than ever. With continuous supply chain disruptions, manufacturers need procurement strategies that consider uncertainty.

Manufacturing Procurement 105

Manufacturing Procurement Optimal Sourcing Procurement Solutions Procurement Analytics 105

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. Given these challenges, what strategies do you recommend for managing risks associated with shelf-stable commodities?

Inventory Reduction 130

Inventory Reduction Material Savings Vendor Strategies Cost Reduction 130

SYSPRO Smarter ERP

APRIL 6, 2023

Inefficiencies in AP can lead to delayed payments, lost discounts, and damaged vendor relationships. In this blog post, we’ll explore some of the common issues that manufacturers face in their AP process and how automation software integrated with an ERP can help address them.

Manufacturing Procurement 98

Manufacturing Procurement Automation Vendor Strategies Procurement Solutions 98

Logistics Viewpoints

AUGUST 31, 2023

Please follow along with me as I share the stories and solutions in part 1 of this two part blog series. Whether retail or warehousing, that opportunity cost can add up, especially if someone finds and buys from a new vendor. How many future parts might I have purchased from this vendor? What’s the Actual Cost of a Mispick?

Distribution 120

Distribution Vendor Strategies How To Inventory Reduction 120

Logistics Bureau

AUGUST 2, 2021

On this blog and the one published by our sister company Logistics Bureau, we often receive questions relating to metrics suitable for monitoring procurement performance. The price you pay your vendors for their products is a significant factor in your company’s ability to compete in its market. Vendor Availability.

Procurement Analytics 98

Procurement Analytics Procurement Solutions Optimal Sourcing Procurement 98

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

Freightos

NOVEMBER 15, 2023

Blog " * " indicates required fields Email * Email This field is for validation purposes and should be left unchanged. With peak season now behind us, transpacific rates nonetheless continued to climb moderately from their October lows last week as carriers seek to keep vessels full by reducing capacity.

Price Reduction 118

Price Reduction Negotiating Skills Vendor Strategies Resource Reduction 118

SYSPRO Smarter ERP

MAY 15, 2023

ERP vendors and customers still need the expertise of Value-Added-Resellers (VARs) and other channel partners , but these partners will need to adapt to this uptake in cloud models. There is an opportunity for ERP vendors to incentivize partners to stay abreast of technology developments.

ERP 98

ERP Modeling Software Vendor Strategies Buyer Training 98

Freightos

NOVEMBER 7, 2023

Blog " * " indicates required fields Email * Phone This field is for validation purposes and should be left unchanged. Authorities will reduce daily neopanamax transits to five by February, suggesting that even at their most extreme, restrictions could still accommodate container traffic reasonably well.

Negotiating Skills 133

Negotiating Skills Price Reduction Vendor Strategies Cost Reduction 133

SYSPRO Smarter ERP

MAY 30, 2022

As manufacturers strive to reduce costs while increasing speed, the process of procuring materials, making products, and moving them where they need to be is more complex than ever. With continuous supply chain disruptions, manufacturers need procurement strategies that consider uncertainty.

Manufacturing Procurement 98

Manufacturing Procurement Optimal Sourcing Procurement Solutions Procurement Analytics 98

Locus

JUNE 23, 2023

So, knowing more about order fulfillment, its importance, process, and strategies is critical. With an efficient order fulfillment process, businesses can reduce their shipping costs and improve their turnaround times which helps them increase their sales and revenue. Let’s fill in! What is Order fulfillment?

Inventory Reduction 52

Inventory Reduction Cost Reduction Resource Reduction Vendor Strategies 52

GoShip Blog

DECEMBER 3, 2023

Specifically, more retailers are now developing and deploying vendor compliance programs for their suppliers to manage the business on pre-determined conditions. While this makes retail companies more secure, it poses an additional challenge for shippers and vendors to meet the terms of the partnership. What is vendor compliance?

Vendor Strategies 52

Vendor Strategies Compliance Cost Reduction Inventory Reduction 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. Rework – due to errors.

Cost Reduction 98

Cost Reduction Purchasing Skills Expense Reduction Inventory Reduction 98

GoShip Blog

JANUARY 21, 2020

Specifically, more retailers are now developing and deploying vendor compliance programs for their suppliers to manage the business on pre-determined conditions. While this makes retail companies more secure, it poses an additional challenge for shippers and vendors to meet the terms of the partnership. What is a vendor chargeback?

Vendor Strategies 52

Vendor Strategies Compliance Negotiating Skills Cost Reduction 52

SYSPRO Smarter ERP

APRIL 22, 2024

An ERP system will allow your business to integrate and manage many key business processes in real-time, increasing productivity and reducing redundancies. Costly mistakes are eliminated by reducing the need for multiple steps in data entry, saving you time and money. appeared first on SYSPRO Blog.

Manufacturing Procurement 105

Manufacturing Procurement ERP Procurement Solutions Supply Chain Planning Software 105

Locus

JUNE 7, 2024

We are excited to announce that Locus has been mentioned as a Representative Vendor in the Gartner® Market Guide for Multicarrier Parcel Management Solutions, 2024 (MCPMS). To know more about how ShipFlex can automate multi-carrier parcel management to increase capacity, improve fulfillment, and reduce costs. and internationally.

Vendor Strategies 52

Vendor Strategies Gartner Optimal Sourcing Procurement Solutions 52

Blue Grace Logistics

FEBRUARY 3, 2025

Im grateful to my mentors for their guidance and to our customer and vendor partners for their collaboration. His expertise in optimizing transportation strategies, enhancing service levels, and streamlining operations has made a significant impact on both customers and the broader logistics sector.

Supply Chain Software 62

Supply Chain Software Supply Chains Logistics Network Optimization Software Optimization Software 62

GlobalTranz

JANUARY 2, 2018

Today, we conclude our annual year-end series highlighting the top blog posts in each of our 5 main categories: Manufacturing , Supply Chain , Logistics , Transportation , Freight. There were approximately 220 blog posts in 2017, and over 360,000 page views on those posts alone. Top 10 Transportation Blog Posts of the Year.

Blog 0

Blog Vendor Strategies Cost Reduction Logistics Network Optimization Software 0

GlobalTranz

DECEMBER 27, 2017

Today, is day two of our annual year-end series highlighting the top blog posts in each of our 5 main categories: Manufacturing , Supply Chain , Logistics , Transportation Management , Freight. There were approximately 220 blog posts in 2017, and over 360,000 page views on those posts alone. Share This: Read More.

Supply Chain Software 60

Supply Chain Software Blog Supply Chains Optimal Sourcing 60

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. Increasing order efficiency. Demand forecasts. The quantity of each product.

Supply Chain Design Software 115

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

Freightos

JANUARY 15, 2024

Blog " * " indicates required fields Email * Phone This field is for validation purposes and should be left unchanged. This is actually surprising; while some importers are concerned about the Red Sea delays, which would reduce available capacity due to longer transit times and turnarounds, many are concerned about too much capacity.

Negotiating Skills 127

Negotiating Skills Optimal Sourcing Price Reduction Cost Reduction 127

SYSPRO Smarter ERP

JUNE 28, 2023

By digitising, streamlining and automating business processes, manufacturers can free up time and cut operating costs. Opting for a cloud-based ERP product reduces the need for an in-house support structure and saves the cost of server hardware. The post Why small businesses should invest in ERP appeared first on SYSPRO Blog.

ERP 98

ERP Supply Chain Planning Software Manufacturing Procurement Inventory Reduction 98

GlobalTranz

MAY 17, 2017

In a blog post earlier this year, we noted how since the election, more manufactures have expressed interest in reshoring and avoiding offshoring entirely. In other words, politics can lead to tax benefits and incentives for companies that abandon waste-producing practices or work to reduce their carbon footprints. Reduce costs.

Waste Reduction 73

Waste Reduction Cost Reduction Vendor Strategies Resource Reduction 73

The Logistics of Logistics

MARCH 14, 2023

Government regulations like the Sarbanes-Oxley Act of 2002 (SOX) put additional strain on companies to maintain stringent data and financial controls, and often include provisions on how data is maintained by outside vendors and service providers. Type 1 vs. Type 2: What’s the Difference?

Compliance 195

Compliance Supply Chain Design Software Supply Chain Planning Software Logistics Network Optimization Software 195

Logistics Bureau

JANUARY 20, 2025

As youll know, if you follow our blog regularly, Logistics Bureau does a great deal of work related to supply chain strategy development and alignment. As a result, weve discovered that many companies lack a defined and documented supply chain strategy. A company without a supply chain strategy is at a competitive disadvantage.

Inventory Reduction 40

Inventory Reduction Resource Reduction Vendor Strategies Cost Reduction 40