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 102

Outsourcing Optimal Sourcing Supply Chain Software Cost Reduction 102

GlobalTranz

NOVEMBER 3, 2015

We first did an overview of the 10 areas of strategy a shipper must know in order to stay competitive. Today we will talk about the flow of strategy as pertains to inventory flow and driving warehouse efficiency. The essence of strategy is choosing what not to do. ” ― Michael E. Our first post focused on distressed shipments.

Inventory Reduction 112

Inventory Reduction Vendor Strategies Cost Reduction Waste Reduction 112

GlobalTranz

MAY 29, 2018

Parcel auditing is an excellent means of recapturing revenue by reducing parcel transportation costs for shippers around the globe. That amounts to $100,000 of shipping costs that may not accurately reflect the carriers’ actual charges. Higher costs to shippers inevitably result in inflation of product pricing.

Cost Reduction 60

Cost Reduction Price Reduction Transportation Outsourcing 60

GlobalTranz

JUNE 23, 2015

Obscure costs and risks were overlooked by many in the rush to operate off-shore. Those changes, along with high costs of transporting materials and finished goods to and from overseas locations, make the value of reshoring likely to become a compelling financial reality for many manufacturers. energy costs have dropped.

Cost Reduction 104

Cost Reduction Expense Reduction Inventory Reduction Material Savings 104

Logistics Viewpoints

JANUARY 10, 2022

A FarEye Webinar Highlighted their Approach to Last Mile. Traditional routing solutions looked to optimize deliveries by developing routes for their fleet of trucks that lead to on-time deliveries at the lowest costs across the fleet. A lot of the payback associated with a last mile solution comes from reducing returns.

Supply Chain Software 140

Supply Chain Software Optimization Software Logistics Network Optimization Software Supply Chains 140

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. Data warehousing costs rise. Eliminate reporting inconsistencies and data redundancy. Human error.

Manufacturing Procurement 105

Manufacturing Procurement Optimal Sourcing Expense Reduction Cost Reduction 105

GlobalTranz

MAY 21, 2015

In order to avoid incidents of mismatch between supply and demand, establish more efficient manufacturing and lower costs, it is necessary to establish an environment of consistent supply chain visibility. Walmart has effectively used a responsive transportation system to lower its overall costs.

Supply Chain Planning Software 100

Supply Chain Planning Software Supply Chain Software Cost Reduction Supply Chains 100

GlobalTranz

JANUARY 28, 2015

The latest industry-pricing trend, dimensional weight pricing, or often referred as “DIM Pricing,” calls for LTL freight cost calculations using pounds per cubic foot of space occupied on the truck. This means more efficient use of space for the carrier and increased cost for shippers based on more accurate classifications.

Negotiating Skills 97

Negotiating Skills Price Reduction Cost Reduction Waste Reduction 97

GlobalTranz

JANUARY 13, 2015

” In this series, we first wrote about how manufacturers are now looking at total landed costs when deciding where they will place manufacturing facilities. Today’s increasingly automated and software driven industries have reduced human intervention to pressing only a few buttons in some cases. Cloud Computing.

Logistics Network Optimization Software 115

Logistics Network Optimization Software Cost Reduction Waste Reduction Material Savings 115

GlobalTranz

OCTOBER 12, 2016

However, manufacturers can work to reduce the overall manufacturing skills gap by following these four steps. Eliminate Gender-Based Inequality. Smart, sustainable factories, such as those using the Industrial Internet of Things to reduce carbon emissions and waste, will help align company goals with publics goals.

Manufacturing Procurement 125

Manufacturing Procurement Buyer Training Waste Reduction Cost Reduction 125

GlobalTranz

JANUARY 27, 2015

Freight companies have adopted (or are in the process of adopting) a new method of calculating package shipping and it’s going to have significant implications on your shipping costs, especially if you happen to use LTL (less-than-truckload) and ground parcel service regularly. Keeping the Costs Low in Dimensional Weight Pricing.

Negotiating Skills 107

Negotiating Skills Price Reduction Cost Reduction Freight 107

GlobalTranz

APRIL 22, 2015

In this infographic you will learn, for example, that the global market value for logistics has surpassed $4trillion. Examples of this fundamental progress include the invention of the sea cargo container and the creation of novel service systems during the 20th century. Today, we bring you yet another infographic.

Global logistics 116

Global logistics Material Savings Cost Reduction Supply Chain Planning Software 116

GlobalTranz

SEPTEMBER 8, 2015

This data may include invoice numbers, pick up and delivery dates, originating addresses, product descriptions, shipment weight, method of transport, destination address, rate of transport per haul, fuel charges, and the costs of loading and unloading the items at the distribution center. Shipping Strategy. Freight Spend Management.

Cost Reduction 93

Cost Reduction Expense Reduction Supply Chain Planning Software Optimization Software 93

GlobalTranz

JULY 8, 2015

While businesses want to believe moving forward through selling product is the only way to achieve success, reality tells of customer returns, environmental considerations for equipment recycling and reuse, cost management, and the effective management of all the aspects between the three. Cost Management. Environmental Factors.

Reverse logistics 110

Reverse logistics Material Savings Cost Reduction Logistics Network Optimization Software 110

SYSPRO Smarter ERP

JULY 28, 2022

Apart from the fact that they’re swimming in a sea of paper, manual document distribution can cost big bucks in terms of wasted time, extra costs and decreased efficiency. Higher costs. Printing, posting and storing paper documents all cost money. Don’t forget the cost of energy to operate printers and other machines.

Manufacturing Procurement 111

Manufacturing Procurement Document Distribution Waste Reduction 111

GlobalTranz

FEBRUARY 6, 2015

manufacturers — also known as reshoring — to obtain goods faster and at lower costs than foreign suppliers can offer. soil and the majority of total manufacturing costs be spent on U.S. For example, it may specify the percentage of a product’s domestic content or label a product as “Assembled in the USA” instead.

Manufacturing Procurement 99

Manufacturing Procurement Purchasing Skills Cost Reduction Logistics Network Optimization Software 99

GlobalTranz

SEPTEMBER 22, 2017

Economists believed ATMs would result in a dramatic reduction in the number of banking positions. While the overall number of employees per bank decreased by one-third over the next 30 years, the operating costs of banks decreased. This example is not limited to picking. As a result, more banks opened, creating more jobs.

Supply Chain Software 43

Supply Chain Software Automation Cost Reduction Warehousing 43

GlobalTranz

NOVEMBER 9, 2015

We are digging deeper into 10 areas of strategy that shippers can employ in order to maintain a competitive advantage. Furthermore, this will help reduce delays from issues in one type of fulfillment model. For example, trade from a single port may become congested.

Supply Chain Software 95

Supply Chain Software Logistics Network Optimization Software Modeling Software Optimization Software 95

GlobalTranz

OCTOBER 5, 2015

Thus, in the global supply chain, exploiting the opportunity presented by the Internet of Things technology can improve: revenue growth, asset utilization, waste reduction, customer service, profitability, sustainability, security, risk mitigation, working capital deployment, agility and. Predictive capabilities and modeling to reduce costs.

Optimal Sourcing 111

Optimal Sourcing Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 111

GlobalTranz

MARCH 24, 2016

For manufacturers and shippers, freight spend represents one of the largest costs to the respective company. Before you can understand how a transportation consolidation program functions and benefits companies by reducing freight spend , you need to understand a few things about transportation costs and concerns.

Cost Reduction 54

Cost Reduction Waste Reduction Transportation Freight 54

GlobalTranz

JANUARY 16, 2018

The US energy industry is also awaiting changes in basic operating procedures, which are expected to dramatically reduce energy costs. Manufacturing Strategy Will Reduce the Burden of Costs of Transformation. Manufacturers are also ready to reinvent operational strategies. Risk Management Will Take Priority.

Manufacturing Procurement 86

Manufacturing Procurement Price Reduction Cost Reduction Waste Reduction 86

GlobalTranz

NOVEMBER 10, 2016

While it seems illogical, it does reduce time spent in trying to find new, ideal places for products. Build Touch-Plan Strategies For Different Order Types. These facts imply a touch-point strategy should be in place for different types of orders placed, including e-commerce orders. Consider On-Demand Warehousing.

Warehousing 102

Warehousing eCommerce Resource Reduction Cost Reduction 102

GlobalTranz

APRIL 18, 2016

With more products coming in, the pressure will be on distributors and order fulfillment centers to create warehousing space and eliminate wasted space wherever possible. Customers have the option to have products shipped to home or the store, and this eliminates any confusion about how much space is needed within each store.

Waste Reduction 91

Waste Reduction Cost Reduction Inventory Reduction Resource Reduction 91

GlobalTranz

MAY 17, 2017

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. Essentially, creating and implementing a sustainability strategy is the only long-term solution companies have to avoid possible compliance violations. Reduce costs.

Waste Reduction 73

Waste Reduction Cost Reduction Vendor Strategies Resource Reduction 73

SYSPRO Smarter ERP

JUNE 22, 2022

Margins for manufacturing firms are under pressure from increasing competition, rising material prices, high labour costs and supply chain disruptions. For example: Your inventory manager likely wants better accuracy of the quantity and location of inventory. Picking (in batches, by expiry date or by location, for example).

ERP 98

ERP Supply Chain Planning Software Inventory Reduction Supply Chain Design Software 98

GlobalTranz

NOVEMBER 10, 2015

Transportation costs make up 60 percent of overall logistics expenses for all shippers and 3PLs. For these companies, the use of a dedicated transportation management system, such as Cerasis™ Rater , can be deployed to lower transportation costs across the entire supply chain.

Supply Chain Planning Software 90

Supply Chain Planning Software Optimization Software Inventory Reduction Cost Reduction 90

SYSPRO Smarter ERP

JUNE 22, 2022

Margins for manufacturing firms are under pressure from increasing competition, rising material prices, high labour costs and supply chain disruptions. For example: Your inventory manager likely wants better accuracy of the quantity and location of inventory. Picking (in batches, by expiry date or by location, for example).

ERP 97

ERP Supply Chain Planning Software Inventory Reduction Supply Chain Design Software 97

GlobalTranz

MAY 3, 2017

In addition, the IIoT’s nature allows companies to reduce overhead and maximize efficiency without dramatically increasing initial investments. Predictive Maintenance and Customer Marketing Analytics Will Cut Manufacturers’ Primary Costs. Some companies with extreme, inefficient overhead costs will realize returns earlier.

Cost Reduction 84

Cost Reduction Modeling Software Supply Chain Software After-sales 84

GlobalTranz

DECEMBER 7, 2016

For example, the Cerasis Rater enables B2B sales by allowing other B2B partners to request automatically reorders, retrieve freight rates and offer e-commerce fulfillment and shipment. Amazon has created an environment where customers expect record-breaking delivery schedules and near-zero shipping costs.

Manufacturing Procurement 87

Manufacturing Procurement Modeling Software Logistics Network Optimization Software Price Reduction 87

WorkWave

AUGUST 25, 2022

Someone has expressed interest in your product or service by filling out a form on your website, attending a webinar or seminar, or responding to an ad. Additionally, it costs less to market your business through traditional channels for every dollar you spend generating leads and acquiring new customers. Easy Website Navigation.

Resource Reduction 52

Resource Reduction Waste Reduction Cost Reduction Sourcing Strategies 52

GlobalTranz

JUNE 16, 2015

Furthermore, innovation has replaced previous expectations and practices of reducing prices and focusing on reducing the consumers’ costs. Innovation Reduces Risk to Businesses. When considering innovation for a business, the overall goal is and always will be expansion and business growth. Innovation For IT Departments.

Manufacturing Procurement 101

Manufacturing Procurement Purchasing Skills Price Reduction Supply Chain Design Software 101

GlobalTranz

FEBRUARY 7, 2017

For example, a manufacturer’s financial, warehousing, shipping and auditing information can be kept safely in one platform. These holistic platforms offer increased versatility and flexibility to adapt to fluctuations within markets, and they can eliminate the overhead costs of running an in-house IT department.

Supply Chain Design Software 76

Supply Chain Design Software Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Software 76

GlobalTranz

JULY 6, 2015

However, robotics could eliminate any of these manufacturer concerns as the technologies become more widely used, affordable, and available. For example, robotics could be used to prevent a truckload of merchandise leaving the warehouse if a wreck has occurred several miles away. cost of sorting, picking and boxing an order.

Manufacturing Procurement 110

Manufacturing Procurement Logistics Network Optimization Software Expense Reduction Sourcing Strategies 110

GlobalTranz

DECEMBER 30, 2014

Just as in the following five examples that reveal interesting data related to the trucking industry. Talk to any over-the-road shipper that finds itself increasingly handcuffed by institutionalized transportation and fuel-related costs and it would likely tell you the “best job possible” doesn’t cut it anymore.

Blog 92

Blog Supply Chain Planning Software Modeling Software Expense Reduction 92

Logistics Viewpoints

DECEMBER 14, 2023

This makes decisions not only about cost, service, and inventory trade-offs but also about risk and sustainability. 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.

Supply Chain Design Software 152

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Optimal Sourcing 152

GlobalTranz

OCTOBER 13, 2016

Training Can Be Part of Workforce Development Strategies. Furthermore, this may actually be more cost-effective than many realize. For example, companies already requiring employees to work overtime may see overtime hours decrease when an additional pair of hands is available for work. Take the smartphone for example.

Buyer Training 92

Buyer Training Cost Reduction Resource Reduction Factories 92

GlobalTranz

JANUARY 4, 2017

In the below is a real world example of a consultant coming to a third party logistics company with the goal of choosing a warehouse and 3pl provider. And our client engages with 3PL by open book cost plus contracts and gain share and pain share incentive. Use Value Engineering : Reduce the Cost and retain the function of anything.

Negotiating Skills 77

Negotiating Skills Cost Reduction Scenario Planning Inventory Reduction 77