GlobalTranz

DECEMBER 11, 2017

In other words, shippers must include the average cost of shipping when determining product price points and incorporated in a way that does not appear to cost more than shopping with a competitor, such as Amazon. Another strategy that is working the past to keep carriers from putting forth outrageous rate hikes is appeasement.

Price Reduction 64

Price Reduction Cost Reduction Resource Reduction Capacity 64

GlobalTranz

FEBRUARY 28, 2018

Freight forwarders will interact with customers online and automate back office procedures to reduce delivery delays and associated costs. Compounding this problem, diesel costs are expected to increase, says Road Scholar Transport , and consumers are demanding low-price products and zero-cost shipping.

Vendor Strategies 57

Vendor Strategies Course Trends Cost Reduction 57

GlobalTranz

JUNE 16, 2015

Throughout the course of business, business owners, who may be in the manufacturing, retail, or in another industry, find themselves focusing on innovation. Furthermore, innovation has replaced previous expectations and practices of reducing prices and focusing on reducing the consumers’ costs.

Manufacturing Procurement 101

Manufacturing Procurement Purchasing Skills Price Reduction Supply Chain Design Software 101

GlobalTranz

JULY 8, 2015

And at the end, check out a nice infographic speaking more to reverse logistics strategies and practices. Throughout the course of business, there will be a series of recurring updates for equipment, software, and materials. Reverse Logistics allows businesses to recoup a portion of the original purchase price of this equipment.

Reverse logistics 110

Reverse logistics Material Savings Cost Reduction Logistics Network Optimization Software 110

GlobalTranz

JANUARY 5, 2017

Some incentives are reducing UNIT PRICING. Reducing absolute quantities required. Reducing transportation costs by using the optimization of lanes and routes in the transportation management system (TMS). Should gain share be eliminated and moved to a different incentive? More warehouses are using Lean initiatives.

Cost Reduction 66

Cost Reduction Price Reduction Warehousing Waste Reduction 66

GlobalTranz

MAY 21, 2015

Many manufacturers & retailers have found that they can use state of the art supply chain management to reduce inventory & warehousing costs while speeding up delivery to the end customer. Managers should ensure that a firm’s transportation strategy supports its competitive strategy. Living things are always changing.

Supply Chain Planning Software 100

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

GlobalTranz

JULY 9, 2015

Throughout this time, 3PL transportation management providers have taken advantage of the low-costs of transportation, which further reduced the costs for businesses and manufacturers. Furthermore, you can prepare for the change by understanding what 3PLs can do to help attempt to maintain lower prices of transportation.

Price Reduction 102

Price Reduction Cost Reduction Trucking Resource Reduction 102

GlobalTranz

DECEMBER 9, 2015

We wanted to bring you some quick strategies and tips that can help your holiday shipping woes or at any time of the year where you experience an increase in shipping volumes. Holiday shipping prices for 2014 are pretty similar to what they were last year, only a bit higher. Truckload Holiday Shipping.

Cost Reduction 48

Cost Reduction Price Reduction Vendor Strategies Resource Reduction 48

GlobalTranz

AUGUST 9, 2017

But, shippers who understand the top factors influencing parcel pricing, such as dimensional (DIM) pricing models , they can locate additional savings by eliminating unnecessary costs and maintaining better control over shipping practices. Weight and Dimensional Pricing. Rate Types. Surcharges. Service Charges.

Negotiating Skills 49

Negotiating Skills Price Reduction Cost Reduction Waste Reduction 49

GlobalTranz

JULY 24, 2015

Of course the government will be promoting the message that it's best to keep jobs within our borders, there's no surprise there. Top firms take risks, and they don’t let price be the sole factor when they make their decisions. Government Weighs In on Supply Chain Management in Manufacturing.

Manufacturing Procurement 114

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software Supply Chains 114

Logistics Bureau

JANUARY 19, 2016

Of course it makes sense to look for large-scale savings, but it’s equally important to remember the old English Adage; look after the pennies and the pounds will look after themselves. Some Service Improvements can Reduce Supply Chain Costs. Remember that there are some service improvements which reduce costs too. Best Regards.

Cost Reduction 40

Cost Reduction Waste Reduction Inventory Reduction Price Reduction 40

GlobalTranz

AUGUST 10, 2015

Since third-party logistics providers (3PLs), especially those involved in order fulfillment and shipping processes, have a duty to ensure accuracy and delivery of merchandise, the NMTA®'s decision to reduce the reporting time frame will greatly impact the course of business. >>> Read More about DIM Pricing.

Blog 86

Blog Freight Price Reduction Cost Reduction 86

GlobalTranz

MARCH 13, 2015

There are, of course, tactical metrics for accounting functions like viewing open and paid invoices or the ability to identify when shipments are due, but also must include strategic metrics and reports for more in-depth analysis. Every aspect of your shipping will be displayed for you to develop new strategies from.

Logistics Network Optimization Software 95

Logistics Network Optimization Software Transportation Cost Reduction Price Reduction 95

Blue Grace Logistics

JULY 27, 2021

We explore how predictive analytics and big data with human sentiments can add value and amplify their supply chain strategies. The drivers for growth are not simple factors like the price or quality of a product. Another cutting edge technique used in predictive analysis is neural networks. Check out our July Webinar!

Procurement Analytics 62

Procurement Analytics Supply Chain Planning Software Supply Chain Software Supply Chain Design Software 62

GlobalTranz

DECEMBER 15, 2014

3PL Pricing Structure: Part 2 In Third Party Logistics Implementation. If you want to support improvements to your warehouse technology & processes, then you will need to analyze the incoming real time data so you can devise a better strategy for overcoming any difficulties you may be facing.

Supply Chain Software 100

Supply Chain Software Supply Chain Planning Software Optimization Software Logistics Network Optimization Software 100

GlobalTranz

DECEMBER 9, 2014

Usually you can correlate price with quality. So, for example, a company like jackswinches.com will let you hire out a winch for a reasonable price. You’ll still need to get a few accessories with your rental, of course. Everyone is out there looking for a good deal, and some manufacturers are going to capitalise on that fact.

Industry 91

Industry Manufacturing Procurement Waste Reduction Purchasing Skills 91

Logistics Viewpoints

NOVEMBER 21, 2022

Those brands include Pepsi, of course, but also Lay’s, Quaker, Doritos, Cheetos, and Gatorade. Because of the food giant’s size, their sustainability strategy also is very broad. The focus of my interview with Mr. Andrew was the company’s efforts to reduce greenhouse gas (GHG) emissions across their end-to-end value chain.

Food and Agriculture 102

Food and Agriculture Supply Chain Planning Software Supply Chain Design Software Purchasing Skills 102

GlobalTranz

JUNE 13, 2018

Of course, its additional benefits, like reduced costs and simplicity in back-office work, help too. Of course, carriers and drivers will be aware once the freight is scheduled within the system. In addition, a TMS should not be a terminal-based system. Shippers must implement a scalable TMS.

Cost Reduction 64

Cost Reduction Expense Reduction Inventory Reduction Resource Reduction 64

GlobalTranz

JUNE 5, 2018

The wrong strategy or blend of transportation modes will result in losses, and since consumers only see product costs through Amazonian eyes, increasing product price points and shipping charges is unacceptable. Of course, working with a third-party logistics provider is another excellent way to tap into the value of full truckload.

Expense Reduction 60

Expense Reduction Cost Reduction Price Reduction How To 60

GlobalTranz

FEBRUARY 21, 2017

However, automated systems can help to increase safety by eliminating the opportunity for human error from the equation. Analytics have the potential to dramatically reduce the burden on shippers in 2017, reports Willian B. It can help new and upcoming shippers find ways to consolidate shipments and reduce overhead.

Trends 50

Trends Vendor Strategies Cost Reduction Resource Reduction 50

GlobalTranz

NOVEMBER 13, 2017

Business Insider ’s The Insurance and the IoT Report finds that insurers use vehicle usage data to inform pricing on policies and premiums. Of course, Zarkadakis’s remark raises the question of what happens to the truck drivers. He also adds other positive effects of this change, such as cutting costs and improving road safety.

Transportation 70

Transportation Optimization Software Supply Chain Software Supply Chain Planning Software 70

Blue Grace Logistics

JULY 24, 2018

Of course, every business owner wants their operations running as tightly and efficiently as possible, but the footwork required to determine how to optimize your business’s operations and see tangible results is often easier said than done. . Blanket rate pricing main type associated with the LTL market.

Optimal Sourcing 48

Optimal Sourcing Negotiating Skills Cost Reduction Supply Chain Design Software 48

GlobalTranz

FEBRUARY 28, 2017

Reduced capacity and increased demand will also weigh heavily on the industry, but the biggest impact will be felt in fall 2017, following the ELD mandate. Dynamic Pricing Will Become Commonplace. Robotics, virtual reality and automated picking and packaging processes will reduce labor and transportation costs for the industry.

Trends 68

Trends Freight Supply Chain Software Cost Reduction 68

GlobalTranz

DECEMBER 18, 2015

In the supply chain articles category it is clear the top ten are all about trends, facts, technology, and of course optimization. Walmart would not have the ability to provide such low prices and have consistent inventory in the over 5,000 stores in the United States and over 1.3 Read the full article here. .

Article 71

Article Supply Chain Software Supply Chains Inventory Reduction 71

Blue Grace Logistics

SEPTEMBER 12, 2022

Knowledge is power–understanding what’s causing the situation can help reduce stress and enable you to select the best course of action to best move forward. Order volumes will pick back up once companies work through existing inventories and as prices for transportation and fuel continue to decline. The Logistics Blog®.

Material Savings 62

Material Savings Inventory Reduction Cost Reduction Resource Reduction 62

GlobalTranz

MAY 4, 2016

Nearly every company offers some sort of discounted shipping plan for large purchase orders, and more customers are demanding faster delivery at a reduced rate. Although fuel costs have dwindled over the last year, history indicates the prices will return to high levels. Most industry experts rate the cost of logistics as very costly.

Freight 60

Freight Procurement Analytics Sourcing Strategies Cost Reduction 60

GlobalTranz

NOVEMBER 25, 2015

To pull off logistics effectively, it takes a lot of expert planning, assembling the right mix of people, communication, working together, and of course, if something goes wrong, contingency planning. 30 and will pay the lowest Thanksgiving price for fuel in five years. Like Thanksgiving, Logistics is no simple undertaking.

Price Reduction 51

Price Reduction Resource Reduction Vendor Strategies Waste Reduction 51

GlobalTranz

MAY 31, 2018

Challenges such as increasing fuel prices, pressure on volumes and the low-profit margins of the sector are rampant. Only those people who have duly completed the advanced traffic management course or its equivalent should write it. It is essential in organizing activities in the transportation industry effectively and efficiently.

Tips 65

Tips Transportation Outbound Vendor Strategies 65

GlobalTranz

JULY 20, 2017

Editor's Note: Today's blog is from Red Stag Fulfillment who show us how an Order Fulfillment Solution can help reduce risk. Of course, you probably want your business to thrive. This may cut into some profits, however, as you’re essentially buying a product each time it is sold. It couldn’t be simpler.

Procurement Solutions 49

Procurement Solutions Purchasing Skills Price Reduction Cost Reduction 49

GlobalTranz

FEBRUARY 12, 2018

What factors drive the demand, supply, and pricing for the products your organization develops? Online courses can help you get additional knowledge. All industries are changing, and all of them are being affected by shifts in economy. How can you manage the production process effectively when you have that data?

Supply Chain Planning Software 70

Supply Chain Planning Software Supply Chain Software Negotiating Skills Supply Chains 70

GlobalTranz

JUNE 17, 2016

Reclassification of freight , regardless of if dimensional pricing models are being used or not, could easily cost more than the original cost that would have been incurred by providing accurate shipping information for an appropriate carrier. This will eliminate the need for retraining and encourage honesty across the industry.

Negotiating Skills 54

Negotiating Skills Freight Cost Reduction Price Reduction 54

GlobalTranz

SEPTEMBER 26, 2017

Consumers expect nothing less than perfect order fulfillment : the right products delivered to the right place, right now, in perfect condition, at the lowest price. No one is perfect, so of course, no business is perfect, and it naturally follows that no supply chain is perfect. Mistakes Will Happen. Have a Plan.

Supply Chain Planning Software 71

Supply Chain Planning Software Supply Chains Scenario Planning Cost Reduction 71

GlobalTranz

DECEMBER 30, 2015

With that said, when we call a blog post a freight blog, it will focus more on the actual freight vs. the strategies and other factors involved beyond that freight. Given that, the most read freight articles of 2015 focused on some changes coming to freight, such as concealed damage laws and DIM Pricing. Get the White Paper Here.

Article 51

Article Freight Price Reduction Cost Reduction 51

GlobalTranz

MAY 24, 2018

The Guide to Reduce Parcel Shipping Costs thru Effective Transportation Management Practices. Keeping Parcel Shipping and Handling Costs in Check Increases the Strength of Your Brand Of course, shippers have another alternative, simply pass along the shipping cost to the customer, explains Rob Martinez of MultiChannel Merchant.

Cost Reduction 48

Cost Reduction Handling Expense Reduction Inventory Reduction 48

GlobalTranz

APRIL 12, 2017

This includes accounting for variances in freight classification and cost due to increasing use of dimensional (DIM) pricing models. In addition, a web-based guide eliminates all printing and mailing costs associated with it, and creating non-disclosure agreements via a secure web-browser are relatively easy in today’s world.

Vendor Strategies 48

Vendor Strategies Inbound Cost Reduction Price Reduction 48

GlobalTranz

DECEMBER 15, 2015

Simplifies data entry and the elimination of many manual steps: Logistics automation features such as integration to your commodities via your ERP system and access to your address book, as well as automatic storage and entry of fuel surcharges and accessorials, will have you never again worrying about keying in the wrong information.

Freight 50

Freight Cost Reduction Expense Reduction Price Reduction 50

Logistics Bureau

APRIL 17, 2017

Is it to merely have ‘experts’ manage your Logistics operations; or to reduce costs, to improve service levels, or gain access to new technologies? And if a primary driver is to reduce costs, this is not always easy to achieve! Recorded Logistics Outsourcing Webinar. Have a Realistic time-frame. Best Regards.

Outsourcing 45

Outsourcing 3PL Tips Logistics Network Optimization Software 45