GlobalTranz

JUNE 1, 2015

Lean systems have provided a formidable operating strategy for leaders determined to achieve and maintain optimal operational systems and customer satisfaction levels. Inventory records, product specs, shipping documents contain errors. Physical reorganization cuts useless steps. Customer service performance is poor.

Manufacturing Procurement 133

Manufacturing Procurement Inventory Reduction Waste Reduction Cost Reduction 133

WorkWave

JANUARY 23, 2025

Plus, prepaid services reduce billing and collection costs while providing crucial working capital for early-season expenses. Start by analyzing your current customer communication strategy. Customers who prepay are psychologically more committed to the service and less likely to cancel mid-season.

Material Savings 69

Material Savings Expense Reduction Cost Reduction Price Reduction 69

RPA Labs

MARCH 24, 2022

In overcoming some of the most common transshipment problems faced today, answering the question, “what is document automation?” Increased fees and expenses – the more work and labor involved in moving cargo, the more costly it will be for shippers and customers. can help bring clarity and direction for transshipment management teams.

Supply Chain Software 83

Supply Chain Software Document Automation Expense Reduction 83

Logistics Bureau

MAY 24, 2019

If you were to tell me that your company had never looked at its supply chain costs and sought to deliver reductions, I would be mightily surprised. On the other hand, if you told me your company hasn’t been able to sustain any progress in supply chain cost reduction, I wouldn’t be surprised at all.

Cost Reduction 77

Cost Reduction Inventory Reduction Expense Reduction Price Reduction 77

Trinity Logistics

JULY 11, 2024

This growth in shipping to and from Mexico is truly just the tip of the iceberg as companies invest in nearshoring strategies. This can be a major draw for companies looking to reduce operational expenses. Here are four major cross border shipping challenges you should be aware of with your nearshoring strategy.

Cost Reduction 118

Cost Reduction Expense Reduction Negotiating Skills Document 118

SYSPRO Smarter ERP

MARCH 25, 2025

MES and MOM in Industry Strategy and the Smart Factory Many advanced manufacturers have an industry strategy that aligns and supports the overall business strategy and its objectives. MES therefore earned a reputation as an expensive and risky endeavor that often did not deliver on business goals. What is an MES?

Optimal Sourcing 52

Optimal Sourcing Sourcing Strategies Optimization Software Manufacturing Procurement 52

The Logistics of Logistics

JUNE 23, 2022

The need for practical and applicable last-mile delivery in retail involves saving money and reducing the expenses associated with this vital yet often overlooked leg of the shipping journey. Another reason for a renewed focus on the final leg of the shipping journey is that the last-mile is the most expensive transportation mode.

Supply Chain Planning Software 150

Supply Chain Planning Software Optimal Sourcing Logistics Network Optimization Software Supply Chain Software 150

GlobalTranz

DECEMBER 12, 2014

Exchanging documents electronically improves transaction speed and visibility while decreasing the amount of money you spend on manual processes. Errors due to illegible faxes, lost orders or incorrectly taken phone orders are eliminated, saving your staff valuable time from handling data disputes with carriers.

Cost Reduction 98

Cost Reduction Waste Reduction Expense Reduction Inventory Reduction 98

Logistics Viewpoints

MARCH 12, 2025

Intermediary costs Third-party auditors, banks, and brokers drive up expenses. Decentralized Autonomous Organizations (DAOs): Warehouses can be managed by self-governing smart contract rules, reducing administrative overhead. Key Problems in Traditional Supply Chains Manual verification Delays due to paperwork and human oversight.

Supply Chain Software 112

Supply Chain Software Supply Chain Design Software Supply Chain Planning Software Supply Chain Design 112

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. Eliminate reporting inconsistencies and data redundancy. Reduce data warehousing costs. Scarce manpower.

Manufacturing Procurement 105

Manufacturing Procurement Optimal Sourcing Expense Reduction Cost Reduction 105

GlobalTranz

JUNE 23, 2015

manufacturers hurried to produce off-shore, believing significant cost reductions and huge profits would follow. Some of those risks and consequences tend to go away or are reduced, offered by Burton and others, make reshoring increasingly attractive: Obscure costs of outsourcing can range from nominal expense up to 300% of production cost.

Cost Reduction 104

Cost Reduction Expense Reduction Inventory Reduction Material Savings 104

GlobalTranz

APRIL 13, 2017

Fortunately, today’s logistics technology has the power to execute a winning inbound freight strategy and maintain compliance in the following ways. Using Logistics Technology to Execute a Winning Inbound Freight Strategy & Have Compliant Vendors.

Vendor Strategies 49

Vendor Strategies Cost Reduction Expense Reduction Material Savings 49

Trinity Logistics

FEBRUARY 5, 2025

Others can be too expensive to justify investing in or dont offer just what you need. Our technology empowers you to measure performance, optimize operations, and reduce risks. Automation & Integration Eliminate manual processes for seamless operations. They are too complicated to use.

Supply Chain Planning Software 71

Supply Chain Planning Software Optimization Software Logistics Network Optimization Software Supply Chain Software 71

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. This may happen if someone with purchasing authority neglects to submit expenses properly.

Manufacturing Procurement 105

Manufacturing Procurement Optimal Sourcing Procurement Solutions Procurement Analytics 105

MTS Logistics

SEPTEMBER 12, 2024

Supply chain and logistics operations have become central to differentiated customer experience strategies. By offering delivery choices and value-added services during the purchase, companies can boost revenue and lower delivery expenses. A superior experience now transcends reliable and consistent delivery services.

Examples 105

Examples Logistics Network Optimization Software Resource Reduction Buyer Training 105

Logistics Viewpoints

JULY 17, 2023

Better systems at customs agencies can lead to increases in cycle times for companies that are not on top of the complex documentation requirements associated with trade. In short, customs compliance must become proactive and strategic rather than just focused on having the proper documentation and accurately paying duties.

Supply Chain Planning Software 98

Supply Chain Planning Software Compliance Supply Chain Software Optimization Software 98

WorkWave

DECEMBER 17, 2024

This innovative approach leverages cutting-edge technology and transport optimization to cater to the evolving expectations of modern customers, emphasizing delivery speed and affordability in the delivery process. RouteManagers last-mile delivery software helps you cut fuel costs, increase revenue, and improve operations.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Optimization Software Supply Chain Planning Software Modeling Software 52

Material Handling and Logistics

JULY 16, 2018

Companies need to come clean and eliminate common supply chain offenses to deliver the greatest value to their customers. From the product to its condition and even documentation, the demand for excellence involving all parts of the process has intensified. Inaccurate Billing. The supply chain is evolving more rapidly than ever before.

Supply Chain Software 111

Supply Chain Software Supply Chains Modeling Software Optimization Software 111

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. This may happen if someone with purchasing authority neglects to submit expenses properly.

Manufacturing Procurement 98

Manufacturing Procurement Optimal Sourcing Procurement Solutions Procurement Analytics 98

Logistics Bureau

NOVEMBER 12, 2024

It’s also important to document any constraints that will impact your plans to meet those objectives. A clear understanding of objectives and constraints will provide you with the starting point for your design review, so it’s important to get them documented and to make sure all stakeholders are aware of them.

Modeling Software 72

Modeling Software Supply Chain Design Software Supply Chain Planning Software Optimization Software 72

GlobalTranz

APRIL 25, 2017

The concept of actionable intelligence is about using technology and software to ensure company goals reflect industry strategy and demands. Furthermore, system integration brings disjointed systems together, allowing for better communication, added expenses and reduction of backlogs. Why Work With a 3PL?

Supply Chain Software 62

Supply Chain Software Cost Reduction Resource Reduction Vendor Strategies 62

MTS Logistics

JULY 21, 2023

The global shipping industry heavily relies on accurate and timely documentation, such as the Bill of Lading (BOL), to transport an astounding 11 billion tons of cargo annually. However, supply chain disruptions caused by document delays or loss can have severe financial consequences for businesses. million per event.

Cost Reduction 92

Cost Reduction Document Expense Reduction Supply Chains 92

TransAudit

SEPTEMBER 19, 2024

Virtually every business has a relationship with a transportation company, which should be documented in a formal contract called a transportation contract. This document is legally binding once it has been signed. All of these documents are critical for businesses, carriers, and brokers.

Negotiating Skills 90

Negotiating Skills Transportation Purchasing Skills Cost Reduction 90

ShipLilly

APRIL 7, 2021

Then there is the option of booking expensive air freight that can make up for the time that has been lost. Some of the things to consider include deductibles, documentation, time costs, premium increments, and replacement modalities. This depends on the product cycles that are relevant to the cargo.

Cost Reduction 59

Cost Reduction Expense Reduction Inventory Reduction Resource Reduction 59

Logistics Business Magazine

AUGUST 9, 2024

In fact, in recent reports, lorry drivers from continental Europe are set to reject jobs taking them to the UK unless delays are reduced and driver conditions improved at post-Brexit border posts. Consequently, some companies have faced reduced profits or even had to cease exporting activities altogether.

Logistics Network Optimization Software 100

Logistics Network Optimization Software Negotiating Skills Industry Cost Reduction 100

Blue Grace Logistics

APRIL 12, 2024

However, successfully incorporating cross-border shipping into your business strategy requires careful planning and execution. By establishing manufacturing or distribution facilities in Mexico, businesses can benefit from lower labor costs, reduced transportation expenses, and faster delivery times.

Inventory Reduction 62

Inventory Reduction Cost Reduction Expense Reduction Supply Chain Planning Software 62

Logistics Bureau

MARCH 14, 2018

Despite years of knowledge dissemination in the warehousing field, encouraging lean practice and inventory reduction, storing too much inventory is still one of the most common warehousing mistakes made by supply chain organizations worldwide. The mess obstructs the flow of people and goods through the facility, reducing productivity.

Warehousing 97

Warehousing Inventory Reduction Cost Reduction Expense Reduction 97

RPA Labs

AUGUST 14, 2020

In the logistics industry the amount of paperwork can be seemingly endless – BOLs, PODs, freight and commercial invoices, packing lists, customs documents – the list goes on. By now, many companies have implemented some form of document OCR to extract the information from the documents, but what happens once that is done?

Document 40

Document Vendor Strategies Cost Reduction Expense Reduction 40

3PL Links

DECEMBER 10, 2024

LTL shipping having more cargo on a truck reduces the number of trailers. They will point out the documents that you need to prepare, such as business invoicing for air or ocean shipments. The shipping products are not particularly valuable or expensive. The fewer trucks on the road, the lower the carbon emissions.

Optimal Sourcing 62

Optimal Sourcing Purchasing Skills 3PL Price Reduction 62

Logistics Viewpoints

JUNE 10, 2024

Most of the new in-context GenAI solutions have been pre-trained on 200,000 pages of SAP’s training and technical documents. An end-to-end process often cuts across applications. If users don’t trust the answers, they don’t use the applications, and the application becomes expensive shelfware. They show up with paper documents.

SAP 130

SAP Supply Chain Planning Software Supply Chain Software Optimization Software 130

The Logistics of Logistics

APRIL 2, 2018

Being a stock broker seemed liked a pretty good gig – prestigious, clubby atmosphere, nice big office, great pay, expensive suits and a bottle a scotch in the bottom drawer to celebrate all the money being made. Shippers want great service, easy access to shipping documents, tracking, tracing and a fair price. Hutton, etc.

Negotiating Skills 170

Negotiating Skills Modeling Software Price Reduction Modeling 170

Conger

MARCH 22, 2024

In this article, we explore how these AGVs are changing the warehouse industry by minimizing human error, reducing labor costs, and setting new standards for productivity and safety. By taking over repetitive tasks from humans, AGVs cut down on workplace injuries caused by overexertion or human error. Let’s dive in!

Materials Handling 78

Materials Handling Material Savings Supply Chain Software Cost Reduction 78

Conger

DECEMBER 13, 2022

If you're looking for ways to reduce lead times, you’re in the right place. Because in this post, you’ll find 11 effective strategies for doing just that. Identify and Eliminate Bottlenecks. The closer the supplier is to your warehouse or manufacturing plant or location , the easier it is to reduce lead times.

Manufacturing Procurement 52

Manufacturing Procurement Inventory Reduction Vendor Strategies Waste Reduction 52

Stord

AUGUST 1, 2024

The audits of Stord’s locations in Atlanta , GA; North Haven, CT; Reno, NV; and Las Vegas, NV consisted of reviewing all documentation, policies and procedures around real-world scenarios, as well as the training and quality safety measures in effect.

Logistics Network Optimization Software 110

Logistics Network Optimization Software Scenario Planning Supply Chain Software Expense Reduction 110

Logistics Viewpoints

APRIL 26, 2024

Low-income citizens, who rely on the government’s Supplemental Nutrition Assistance Program (SNAP) to support their grocery budgets, would have to pay a reduced $4.99 In the court document, the city argues that the ship’s parent company, Grace Ocean Private Ltd., should be held liable for crashing into the Key Bridge.

Logistics Network Optimization Software 119

Logistics Network Optimization Software Material Savings Supply Chain Planning Software Cost Reduction 119

GlobalTranz

MAY 12, 2015

As one of the main prerequisites for getting licensed, the bond is a considerable yearly expense, especially since its increase to $75,000 in 2013. If you don’t manage to demonstrate that a sound financial management strategy is in place, you might be perceived as a riskier applicant. Please share in the comment section below.

Cost Reduction 88

Cost Reduction Expense Reduction Freight Vendor Strategies 88

Shipchain

NOVEMBER 29, 2018

A platform that combines blockchain and SCM has the potential to eliminate many of the laborious manual processes involved in tracking shipments and preparing them for transit. For error-prone shipments, like those in international trade, blockchain could be leveraged to reduce fraud and cut transit time by up to 20%.

Supply Chain Software 95

Supply Chain Software Supply Chains Optimization Software Logistics Network Optimization Software 95