GoShip Blog

APRIL 14, 2020

A shipping strategy is not as high of a priority for small business owners as it should be. Creating a working and suitable shipping strategy is key to satisfying your customers and boosting your business performance. How do you create a small business shipping strategy? Go omnichannel. Use shipping technology.

Expense Reduction 80

Expense Reduction Cost Reduction Inventory Reduction Strategy 80

Ship Monk

MARCH 13, 2025

Customs regulations , duty payments , and logistical nightmares can quickly derail even the most promising global strategies. Think of it as a strategic command center for your inventory, allowing you to defer duties and taxes until your products are ready to roll, giving you a significant competitive edge. Shipment Incoming!

Inventory Reduction 52

Inventory Reduction Cost Reduction Price Reduction Optimization Software 52

Blue Grace Logistics

APRIL 1, 2024

In an era where resilience and adaptability are key to survival, technology has become the bedrock upon which supply chain professionals build their strategies. This enables 3PLs to optimize inventory levels, reducing the risk of overstocking or understocking, even in uncertain economic times.

Optimal Sourcing 127

Optimal Sourcing Supply Chain Software Optimization Software Supply Chain Planning Software 127

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. Inventory records, product specs, shipping documents contain errors.

Manufacturing Procurement 133

Manufacturing Procurement Inventory Reduction Waste Reduction Cost Reduction 133

Logistics Bureau

JULY 21, 2017

At the next Logistics Bureau Free Executive Breakfast (which will take place in August), I’ll be discussing the alignment of supply chain and business strategy along with eight other important levers for supply chain performance improvement. The Failing Kmart Business Strategy. The first Kmart store opened way back in 1962.

Cost Reduction 68

Cost Reduction Inventory Reduction Price Reduction Vendor Strategies 68

EazyStock

JUNE 23, 2022

All successful businesses use data to develop strategies and review their outcomes. This is especially true in inventory management, where new technologies are being introduced all the time, and along with them, more and more data is being generated. The key for inventory management teams is to know what to do with it!

Inventory Reduction 52

Inventory Reduction Optimal Sourcing Inventory Supply Chain Planning Software 52

SYSPRO Smarter ERP

MAY 14, 2024

As recently as 2021, survey data reveals that 98% of manufacturers have, are, or are planning to implement an eCommerce strategy. Synchronize orders and inventory: Automatic synchronization between the eCommerce platform and ERP ensures that sales data and inventory are always current, reducing the likelihood of order inaccuracies.

Manufacturing Procurement 110

Manufacturing Procurement eCommerce Supply Chain Planning Software Optimization Software 110

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 97

Supply Chain Planning Software Compliance Supply Chain Software Optimization Software 97

GlobalTranz

DECEMBER 11, 2014

According to Wikipedia and EDI Basics , Electronic Data Interchange (EDI) is the computer-to-computer exchange of business documents in a standard electronic format between business partners. EDI was first developed in the 1960s with the objective of speeding the movement of shipping and transportation documents. EDI In Transportation.

Data 105

Data Transportation Document Inventory Reduction 105

GlobalTranz

MAY 13, 2015

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 Benefits from its supply chain efficiency result in time savings, more cost-effective inventory management and improved product forecasting, the article said. Decades in the Making.

Supply Chain Planning Software 115

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 115

Parade

MARCH 3, 2021

Invoice remediation is especially burdensome for small freight, “less than truckload” shippers that deal with multiple units of inventory, and thus multiple invoices, per shipment. Simple invoice & document setup (e.g. That amounts to billions of dollars lost worldwide every year. Key Features: Basic Auditing.

Supply Chain Software 148

Supply Chain Software Supply Chain Planning Software Resource Reduction Cost Reduction 148

Dedola Global Logistics

JULY 17, 2023

While the task of transporting goods from one place to another can seem daunting and costly, the right strategy can turn this challenge into a smooth operation that boosts your business performance. A common and effective strategy is to leverage logistics services. Optimized supply chain management is a game-changer for any business.

Freight forwarding 98

Freight forwarding Negotiating Skills Freight Cost Reduction 98

Logistics Viewpoints

APRIL 21, 2021

The perfect delivery includes four elements: order completeness, timeliness, condition, and documentation. For B2B companies, their supply strategy is built on three pillars. Getting these strategies in place is incredibly difficult to achieve. Below are some key take-aways from my segment. What is the Perfect Delivery Metric?

Supply Chain Planning Software 120

Supply Chain Planning Software How To Supply Chain Design Software Sourcing Strategies 120

SYSPRO Smarter ERP

MAY 30, 2022

When items purchased cannot be justified using capital outlay or material inventory , the resulting loss of revenue and control is a significant challenge for the organization. With continuous supply chain disruptions, manufacturers need procurement strategies that consider uncertainty.

Manufacturing Procurement 105

Manufacturing Procurement Optimal Sourcing Procurement Solutions Procurement Analytics 105

Shipping and Freight Resource

FEBRUARY 4, 2020

digitally transform the business and its strategy. Whether digital or manual, the business of shipping involves a lot of documentation. Or forgetting the minus in -25° C when submitting the shipping documents to the shipping line or port. Now imagine if the temperate of the reefer container temp is set at 0° C instead of 0° F.

Freight 98

Freight Supply Chain Planning Software Supply Chain Design Software Modeling Software 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

Locus

JUNE 23, 2023

So, knowing more about order fulfillment, its importance, process, and strategies is critical. Also, it allows companies to track, refill, and manage their inventory levels. At this stage, businesses check if items are safe and secure and if the inventory levels are accurate and optimized for better space. Let’s fill in!

Inventory Reduction 52

Inventory Reduction Cost Reduction Resource Reduction Vendor Strategies 52

SYSPRO Smarter ERP

AUGUST 2, 2023

From stringent quality standards to comprehensive documentation requirements, Class 1 and 2 manufacturers must navigate a complex landscape to ensure compliance and product excellence. The ability to monitor transfers between multiple warehouses provides complete visibility, ensuring efficient inventory management.

Manufacturing Procurement 98

Manufacturing Procurement Procurement Analytics Optimal Sourcing ERP 98

SYSPRO Smarter ERP

MAY 30, 2022

When items purchased cannot be justified using capital outlay or material inventory , the resulting loss of revenue and control is a significant challenge for the organization. With continuous supply chain disruptions, manufacturers need procurement strategies that consider uncertainty.

Manufacturing Procurement 98

Manufacturing Procurement Optimal Sourcing Procurement Solutions Procurement Analytics 98

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

MTS Logistics

JANUARY 29, 2020

A crucial factor in global business strategies around the world is incorporating more sustainable methods into the supply chain, which will prove to be incredibly important in 2020. For most companies, the key focus of their logistic strategies is to minimize the freight cost while providing a highly efficient, effective service.

Cost Reduction 92

Cost Reduction Inventory Reduction Trends Logistics Network Optimization Software 92

Logistics Bureau

OCTOBER 6, 2024

They consider factors like demand forecasts, inventory levels, and production capacities to create efficient production and distribution plans. COA Certificate of Analysis – A document that confirms a product meets its product specification. EDI speeds up business processes and reduces paperwork in supply chains.

Supply Chain Planning Software 75

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 75

Logistics Viewpoints

JANUARY 11, 2023

Inventory Management in a High Inflation Environment ; Clint Reiser. Instead, they are likely to carry higher levels of inventory as a lower cost alternative to minimizing disruptions. Beware the Swinging Pendulum on Supply Chain Inventory Practices ; Polly-Mitchell Guthrie ( Kinaxis ). Will it take decades? Clint Reiser.

Supply Chain Planning Software 120

Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software Supply Chain Software 120

Turvo

DECEMBER 9, 2021

Complete Visibility Into Both Stored and In-Transit Inventory. This includes clear insight into inventory, orders, and shipments. With deep visibility into the entire transportation network, overhead is significantly reduced, and the possibility of lost shipments or inventory is substantially minimized.

Supply Chain Planning Software 72

Supply Chain Planning Software Supply Chain Software Optimization Software Logistics Network Optimization Software 72

Shipping and Freight Resource

FEBRUARY 3, 2021

2020 threw at us a potent concoction of virulent market conditions including a pandemic, skyrocketing freight rates, reduced availability of space and equipment on container ships, unprecedented demand and port congestions along with the usual documentation and visibility issues that we have been facing for years.

Supply Chain Software 87

Supply Chain Software Freight Inventory Reduction Resource Reduction 87

GlobalTranz

OCTOBER 24, 2016

The lean concept, itself, is a strategy created to simplify, organize and optimize a working environment. While lean practices aren’t hard to adopt, they’re still difficult to implement if the proper documents, data, services and knowledge isn’t processed. Inventory Waste . Just-in-Time Inventory . Why should they? .

Waste Reduction 99

Waste Reduction Inventory Reduction Resource Reduction Cost Reduction 99

GlobalTranz

DECEMBER 12, 2014

Exchanging documents electronically improves transaction speed and visibility while decreasing the amount of money you spend on manual processes. Quick processing of accurate business documents leads to less re-working of orders, fewer stock outs and fewer cancelled orders. for an order processed using EDI.

Cost Reduction 98

Cost Reduction Waste Reduction Expense Reduction Inventory Reduction 98

GlobalTranz

FEBRUARY 13, 2015

While they may save money on unskilled labor and by achieving economies of scale, they ultimately will pay more because of longer lead times, increased inventories, the need for more management resources for planning and logistics, and constraints on their ability to respond quickly to changing demand. Know the pain points. Research first.

White Paper 94

White Paper Supply Chain Planning Software Supply Chain Design Software Supply Chain Design 94

Ship Monk

OCTOBER 17, 2022

This includes: Matters of inventory management with advanced 3PL software Delivery speed with warehouse locations that bring products closer to customers Fulfillment: Order processing, picking, and packing Optimal shipping costs and options thanks to established relationships with major shipping carriers. Don’t worry; you can change later on.

eCommerce 110

eCommerce 3PL Logistics Network Optimization Software Supply Chain Design Software 110

Blue Grace Logistics

APRIL 12, 2024

However, successfully incorporating cross-border shipping into your business strategy requires careful planning and execution. By strategically positioning inventory in Mexican warehouses, businesses can reduce transit times, minimize inventory carrying costs, and respond more quickly to customer demand.

Inventory Reduction 62

Inventory Reduction Cost Reduction Expense Reduction Supply Chain Planning Software 62

GlobalTranz

JUNE 10, 2015

We repeat: have your documentation. For example, a just in time shipper may keep zero inventory and if a customer orders something today and they need it by Monday. . #3: Think of transportation accounting before you get the invoice. Maybe it’s a matter of taking pictures. Or, if you have a scale, log your scale.

Purchasing Skills 100

Purchasing Skills Price Reduction Logistics Network Optimization Software Tips 100

Logistics Bureau

JANUARY 1, 2025

ABC Analysis: A form of Pareto analysis applied to a group of products to enable selective inventory management controls. The inventory value for each item is obtained by multiplying the annual demand by unit cost and the entire inventory is then ranked in descending order of cost.

Supply Chain Planning Software 76

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 76

ShipLilly

APRIL 7, 2021

Otherwise, they will have to deal with inventory gaps that are hard to bridge if their cargo is on board and in transit. Some of the things to consider include deductibles, documentation, time costs, premium increments, and replacement modalities. That means that shippers must negotiate specific arrangements with their insurers.

Cost Reduction 59

Cost Reduction Expense Reduction Inventory Reduction Resource Reduction 59

GlobalTranz

APRIL 21, 2015

By incorporating mobile apps into the MOM strategy. Mobile is more than just tablets; wearable tech trends are also a part of the mobility in manufacturing movement and continue to provide better safety options for operators and for those working a line, picking orders or managing inventory. Relatability.

Inventory Reduction 106

Inventory Reduction Material Savings Logistics Network Optimization Software After-sales 106

SYSPRO Smarter ERP

JANUARY 12, 2022

Purchasing is not integrated with how materials are consumed in production, neither does it have insight into how lots and batches are stored and used, so there is minimal information about inventory and possible obsolescence. The first stage of reimagining procurement is to look at sourcing strategies. The procurement process.

Manufacturing Procurement 105

Manufacturing Procurement Optimal Sourcing Procurement Solutions Supply Chain Planning Software 105

GlobalTranz

JULY 7, 2015

This excess of inventory can often pose as a problem when companies already have a long list of issues to tackle to remain relevant in the market. Further, this allows for the technology to check carriers sites every 2 hours for these documents for continual updates and visibility. All of it is created within the technology.

Supply Chain Planning Software 97

Supply Chain Planning Software Supply Chain Software Supply Chains Waste Reduction 97

Logistics Viewpoints

MARCH 2, 2023

Freight rates have plummeted, brokerages are struggling, and the industry is still bloated with excess inventory. While many companies assemble great sourcing and procurement teams when it comes time to renegotiate freight contracts, they often fail to provide good documentation that allows them to negotiate from a position of strength.

Waste Reduction 112

Waste Reduction Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 112