GlobalTranz

OCTOBER 16, 2015

So we thought we would impart upon all the shippers out there some tips on how to reduce overall costs for effective LTL Procurement. 10 LTL Procurement Cost Cutting Tips. Routing guides optimize freight lanes and remove excess shipping costs. Meet with senior operations personnel at each contracted carrier.

Negotiating Skills 90

Negotiating Skills Price Reduction Optimal Sourcing Cost Reduction 90

Logistics Viewpoints

JUNE 29, 2023

Direct spend can be a significant part of the Cost of Goods Sold for an organization. Configure to Order: This strategy involves customizing standard products based on customer specifications. From natural disasters to geopolitical tensions and the ongoing COVID-19 pandemic, supply chains have been significantly impacted.

Manufacturing Procurement 104

Manufacturing Procurement Procurement Analytics Inventory Reduction Material Savings 104

Blue Grace Logistics

JULY 11, 2024

In this blog, we’ll explore practical strategies tailored specifically for food and bev shippers, focusing on forecasting methods and inventory management practices that can effectively address retail demand shifts. Proactive strategies involve strategically positioning and replenishing inventory.

Inventory Reduction 116

Inventory Reduction Cost Reduction Optimization Modeling Supply Chain Planning Software 116

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

Locus

JUNE 15, 2023

As supply chains move past the uncertainties of 2020, they are met with new challenges while continuing to meet demands for greater efficiency, reduced operational costs and memorable consumer experiences. However, they also need to expand to meet the escalating demands of consumers. Watch Webinar 3.

Cost Reduction 52

Cost Reduction Supply Chain Planning Software Supply Chain Software Optimization Software 52

Blue Grace Logistics

MARCH 12, 2024

BlueGrace Releases Comic Book Show Submenu Resources The Logistics Blog® Newsroom Whitepaper Case Study Webinars Indexes Search Search BlueGrace Logistics - March 12, 2024 DC Velocity Staff | DC Velocity March 12, 2024 Move over Marvel, BlueGrace Logistics has entered the comic book market.

Logistics Network Optimization Software 109

Logistics Network Optimization Software Meeting Case Study Logistics 109

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 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

The Logistics of Logistics

MARCH 29, 2021

To succeed in the transportation and logistics business, 3PLs need to be able to hire and retain the very best talent, while keeping a lid on costs. Lean provides a turnkey solution to staffing challenges using a proven process that will improve profits while reducing employee costs. Lean Staffing Solutions is that edge.

3PL 195

3PL Video Outsourcing Logistics Network Optimization Software 195

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

GlobalTranz

DECEMBER 12, 2014

But cost savings is far from the only benefit of using transportation EDI in a TMS. A major electronics manufacturer calculates the cost of processing an order manually at $38 compared to just $1.35 Using EDI can reduce the order-to-cash cycle time by more than 20%, improving business partner transactions and relationships.

Cost Reduction 98

Cost Reduction Waste Reduction Expense Reduction Inventory Reduction 98

GlobalTranz

SEPTEMBER 25, 2015

The ability to optimally integrate all areas of the supply chain is key to meeting customer and shareholder needs. A strategy that encompasses all allows decision-makers the visibility to see concerns early on and respond promptly. Track what is available at all stages- delivery, pipeline and returns- to efficiently meet needs.

Supply Chain Planning Software 97

Supply Chain Planning Software Resource Reduction Supply Chain Software Cost Reduction 97

Blue Grace Logistics

FEBRUARY 3, 2025

This recognition fuels my motivation to innovate cold chain solutions with technology, meeting evolving industry demands while maintaining the highest standards of quality and efficiency. Baker earned recognition as a Top Transportation Professional , which celebrates leaders in the transportation space.

Supply Chain Software 62

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

GlobalTranz

OCTOBER 19, 2015

Transportation management is no longer a tactical approach to simply moving freight and doing it at the lowest possible cost. 10 Tips to Remain Competitive and Have an Effective Transportation Management Strategy. Working with carriers and all the freight you manage to create continuous movement strategies is a win-win approach.

Resource Reduction 97

Resource Reduction Cost Reduction Optimal Sourcing Waste Reduction 97

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. You can prepare by investing staff, inventory and equipment to meet increasing demand for domestic-made products. parts and processing.

Manufacturing Procurement 99

Manufacturing Procurement Purchasing Skills Cost Reduction Logistics Network Optimization Software 99

Blue Grace Logistics

JUNE 23, 2023

That being said, this innovative tool has been instrumental in identifying clear indicators of market fluctuations and how that intel has helped shippers prioritize business strategies. It highlights the importance of optimizing inventory management practices to ensure efficiency and avoid unnecessary costs. Order volume sentiment.

Resource Reduction 116

Resource Reduction Inventory Reduction Logistics Network Optimization Software Cost Reduction 116

GlobalTranz

MAY 12, 2015

Traditional segmentation strategies no longer work in a world characterized by complexity and constant change. Creating a cohesive back-end is an important first step, enabling companies to make real-time decisions, streamline production, and cut costs. The Customer Owns the Empire. Embrace Digital Disruption. Join the Digerati.

Manufacturing Procurement 97

Manufacturing Procurement Modeling Software Supply Chain Planning Software Digital 97

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.

Reverse logistics 110

Reverse logistics Material Savings Cost Reduction Logistics Network Optimization Software 110

Blue Grace Logistics

NOVEMBER 21, 2023

a How to Navigate Your Supply Chain During Market Swings Show Submenu Resources The Logistics Blog® Newsroom Whitepaper Case Study Webinars Indexes Search Search BlueGrace Logistics - November 21, 2023 In the realm of ever-fluctuating food prices, a pragmatic revolution is quietly taking place in the shopping carts of budget-conscious consumers.

Optimal Sourcing 117

Optimal Sourcing Sourcing Strategies Resource Reduction Optimization Software 117

GlobalTranz

DECEMBER 21, 2016

Today, warehouse managers have a wide array of technologies to choose from as they strive to reduce costs, improve efficiency and streamline operations. These technologies help automate warehouse processes and offer a more efficient and lower cost solution over manual picking methods. Lower cost operation.

Supply Chain Design Software 105

Supply Chain Design Software Supply Chain Planning Software Optimization Software Supply Chain Software 105

GlobalTranz

MARCH 24, 2016

For manufacturers and shippers, freight spend represents one of the largest costs to the respective company. As a result, more supply chain entities are turning to transportation consolidation programs otherwise known as truckload consolidation, explains Joseph O’Reily of Inbound Logistics , to meet these demands.

Cost Reduction 54

Cost Reduction Waste Reduction Transportation Freight 54

GlobalTranz

MARCH 18, 2015

You will want to gain insight into what differentiates one 3PL from another, what core capabilities they offer and what skills do they have in developing strategies and thought leadership. From this vantage, a strategic 3PL partnership will form a collaboration with your company to fine tune a strategy to meet your needs.

Negotiating Skills 91

Negotiating Skills 3PL Resource Reduction Cost Reduction 91

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

GlobalTranz

MAY 21, 2018

It’s Time To Take A Closer Look At Your Parcel Shipping Costs eCommerce is driving the demand for smaller, more frequent last-mile deliveries. Shippers large and small need to look more closely at parcel transportation costs as a step in preserving margins. 5 Parcel Shipping Trends to Optimize Shipping & Reduce Costs.

Cost Reduction 48

Cost Reduction Procurement Analytics Negotiating Skills Purchasing Skills 48

GlobalTranz

DECEMBER 7, 2016

Unfortunately, meeting this ever-changing demand means companies must have a way of generating and analyzing real-time data reflecting what customers want now. Amazon has created an environment where customers expect record-breaking delivery schedules and near-zero shipping costs. Pricing models are changing as well.

Manufacturing Procurement 87

Manufacturing Procurement Modeling Software Logistics Network Optimization Software Price Reduction 87

Logistics Business Magazine

JULY 28, 2021

Speaking at a virtual conference last week, Greg Dolan, CEO of the Methanol Institute , a trade body whose shipowner members include Maersk, Stena Bulk, MSC, MOL and Oldendorff Carriers, predicts that methanol production costs will fall to become more competitively priced than traditional diesel bunker and other alternative fuels.

Cost Reduction 68

Cost Reduction Price Reduction Operations Maritime 68

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

GlobalTranz

MAY 8, 2015

Shippers and 3PLs can select the best rates from a range of carriers to meet their needs. Be satisfied that the system meets a company’s requirements across all types of freight. Transportation Management Software Systems (TMS) reduces overall hard and soft costs of transportation. Go with TMS Integration.

Supply Chain Planning Software 90

Supply Chain Planning Software Optimization Software Negotiating Skills Logistics Network Optimization Software 90

GlobalTranz

MARCH 23, 2015

Through our blog, we extend this mission by providing information, such as today’s subject, safety in manufacturing, so that our shippers and even those who are not our shippers can have great information to improve their business and continue cutting out costly waste. Report to work free from the aftereffects of drugs or alcohol.

Cost Reduction 113

Cost Reduction Waste Reduction Logistics Network Optimization Software Supply Chain Software 113

GlobalTranz

SEPTEMBER 19, 2017

On the surface, last mile may not seem very important, but it can make up 28 percent of a shipments total cost. Last mile logistics allow shippers to get more products to consumers faster and cost-effectively, critical concerns in the e-commerce and omnichannel supply chain. This improves visibility from end to end and reduces risk.

Cost Reduction 100

Cost Reduction Logistics Network Optimization Software Purchasing Skills Transportation 100

GlobalTranz

JANUARY 5, 2017

Today's blog is a continuation of yesterday's where we discussed cost management and KPIs with warehousing contracts using a real-world scenario. Now we dive a bit deeper with incentives, gain sharing, should-cost models, and governance in warehousing contracts. Some incentives are reducing UNIT PRICING. 3PL Answer 3.

Cost Reduction 66

Cost Reduction Price Reduction Warehousing Waste Reduction 66

Blue Grace Logistics

JANUARY 8, 2024

Overcoming Floral Logistics Complexities Show Submenu Resources The Logistics Blog® Newsroom Whitepaper Case Study Webinars Indexes Search Search BlueGrace Logistics - January 8, 2024 Floral logistics, shaped by global demand, has evolved into a multibillion-dollar industry.

Waste Reduction 116

Waste Reduction Temperature Resource Reduction Cost Reduction 116

GlobalTranz

JANUARY 4, 2017

And our client engages with 3PL by open book cost plus contracts and gain share and pain share incentive. What are the major KPI’s to be followed under the below attributes: Cost or Cost Savings. Use Value Engineering : Reduce the Cost and retain the function of anything. Performance or Service. Customer metrics.

Negotiating Skills 77

Negotiating Skills Cost Reduction Scenario Planning Inventory Reduction 77

GlobalTranz

SEPTEMBER 2, 2015

With the purpose of optimizing supply chain efficiency and asset recovery rates, reverse logistics management has increasingly become a tool that positively impacts profitability as well as assisting an organization in meeting sustainability goals. 5 Benefits of Reverse Logistics Management for Asset Recovery. Increased velocity.

Reverse logistics 101

Reverse logistics Supply Chain Design Software Supply Chain Planning Software Logistics Network Optimization Software 101

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. The IIoT Meets Demand for Increased Visibility.

Cost Reduction 84

Cost Reduction Modeling Software Supply Chain Software After-sales 84

GlobalTranz

MARCH 9, 2015

The costs of logistics and inventory are decreasing, contract renewal rate for logistics outsourcing remains good, and the emergence of cutting-edge technologies like 3D printing, drone delivery and augmented reality is opening up a wide vista of opportunities. Some cutting-edge technologies are already busy transforming the market.

Outsourcing 96

Outsourcing Logistics Network Optimization Software Supply Chain Design Software Optimization Software 96