GlobalTranz

APRIL 22, 2015

In this infographic you will learn, for example, that the global market value for logistics has surpassed $4trillion. In other words, logistics is defined as a business planning framework for the management of material, service, information and capital flows. Today, we bring you yet another infographic.

Global logistics 116

Global logistics Material Savings Cost Reduction Supply Chain Planning Software 116

SYSPRO Smarter ERP

FEBRUARY 22, 2024

Using alphanumeric logic can help you optimize simple picking strategies without having to implement a full-blown warehouse solution or warehouse mapping solution. Separate raw materials and finished goods. Use space-saving containers or shelving. For example, the old handhelds took 20 to 60 seconds to load a list of lots.

Manufacturing Procurement 116

Manufacturing Procurement Inventory Reduction Expense Reduction Waste Reduction 116

Logistics Business Magazine

FEBRUARY 1, 2023

Customs4trade NV (C4T), a leading customs SaaS solutions provider, has been explaining how exporting and importing manufacturers and traders can benefit from cost savings by incorporating Customs Special Procedures (SP) into their supply chain strategies.

Material Savings 52

Material Savings Logistics Network Optimization Software Supply Chain Software Cost Reduction 52

GlobalTranz

JUNE 23, 2015

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. manufacturers hurried to produce off-shore, believing significant cost reductions and huge profits would follow.

Cost Reduction 104

Cost Reduction Expense Reduction Inventory Reduction Material Savings 104

Logistics Viewpoints

DECEMBER 14, 2023

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. These scenarios should consider any financial implications, such as missing out on price breaks or preferred customer discounts. Nari Viswanathan is currently Sr.

Supply Chain Design Software 128

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Optimal Sourcing 128

GlobalTranz

NOVEMBER 17, 2016

The most common complaint of newer companies using big data analytics capabilities tends to revolve around traditional questions of business strategy. Consider the following elements explains John Richardson of Inbound Logistics, that impact business strategy. Raw material suppliers and logistics. Increasing order efficiency.

Supply Chain Design Software 115

Supply Chain Design Software Supply Chain Software Procurement Solutions Supply Chain Design 115

GlobalTranz

JULY 2, 2015

In addition, you will save energy and water by running equipment only when it’s needed. Another important way to reduce waste is by eliminating or reducing scrap. It’s a pretty sure bet that whatever it is that drives it crazy is also a likely cause of wasted time, wasted material or wasted energy. Error Proofing.

Manufacturing Procurement 67

Manufacturing Procurement Waste Reduction Material Savings Resource Reduction 67

GlobalTranz

JANUARY 13, 2015

Today’s increasingly automated and software driven industries have reduced human intervention to pressing only a few buttons in some cases. Within a few years, the technology has evolved so much that it is now possible to produce almost any component using metal, plastic, mixed materials and even human tissue.

Logistics Network Optimization Software 115

Logistics Network Optimization Software Cost Reduction Waste Reduction Material Savings 115

GlobalTranz

SEPTEMBER 21, 2015

Testing may have more to do with the shape or size of a design, rather than its strength or durability, because the prototype may not be made of the same material as the final product. Additive Manufacturing refers to a process by which digital 3D design data is used to build up a component in layers by depositing material.

Manufacturing Procurement 98

Manufacturing Procurement Video Modeling Software Optimization Software 98

GlobalTranz

AUGUST 21, 2015

Discounted Rates at General Rate Increases. However, existing consumers may receive extensive discounts in general rate increases , or they may not have to pay additional charges if they add to their current monthly shipping needs. For example, a negative relationship could lead to a carrier refusing to include your company.

Negotiating Skills 94

Negotiating Skills Purchasing Skills Material Savings Manufacturing Procurement 94

GlobalTranz

SEPTEMBER 9, 2015

In today's ever more complex supply chain riddled with thousands upon thousands of processes, shipping freight has moved beyond tactical prowess for those who execute well and has evolved to now include strategic, innovative, and collaborative efforts to maintain not only a competitive edge but reduce overall transportation cost footprint.

Negotiating Skills 93

Negotiating Skills Collaboration Material Savings Freight 93

GlobalTranz

JULY 20, 2015

While conventional logistics optimizes the flow of goods from producer to consumer, reverse logistics manages the processes for inverting that flow to deal with returned parts, materials and products from the consumer back to the producer. Increased velocity. Increased service market share. Higher achievement of sustainability goals.

Reverse logistics 105

Reverse logistics Supply Chain Planning Software Optimization Software Modeling Software 105

GlobalTranz

SEPTEMBER 28, 2016

3) Reduce Supply Base Risk by the Effective Application of Focused Systemic Improvements and Risk Factor Analysis. . Closure rate/time for Defective Material Report. 50% improvement) min.

Supply Chain Planning Software 89

Supply Chain Planning Software Supply Chain Software Supply Chains Scenario Planning 89

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

JANUARY 17, 2017

The use of predictive analytics has the potential to dramatically reduce expenses in the manufacturing sector, particularly with respect to proactive machine maintenance. According to Sundeep Sunghavi, the use of predictive analytics will save approximately $630 billion in the manufacturing industry over the next 15 years.

Manufacturing Procurement 82

Manufacturing Procurement Procurement Analytics Expense Reduction Material Savings 82

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

SEPTEMBER 11, 2015

For example, a shipper should consider fuel cost forecasts when creating a budget for LTL transport. Ultimately, the supply chain is reflection of hundreds of processes that work together for a common purpose, or the transport of goods and materials from Location A to Location B. Management of Incoming Freight. Carrier Selection.

Material Savings 94

Material Savings Cost Reduction Freight Resource Reduction 94

GlobalTranz

MAY 21, 2015

Everything from sourcing raw materials, manufacturing, to the sales channels which feed supply for a finished product are essential factors. 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.

Supply Chain Planning Software 100

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

Parade

DECEMBER 21, 2021

Here’s why technology should be part of your overall strategy. Brokerages are Becoming More and More Tech-Centered Regardless of where companies fall in the supply chain, from raw materials dealers to last-mile delivery providers, end-to-end visibility is a big deal, and technology is the only way to get it. Here’s why you should be.

Supply Chain Planning Software 78

Supply Chain Planning Software Price Reduction Scenario Planning Supply Chain Software 78

Parade

DECEMBER 21, 2021

Here’s why technology should be part of your overall strategy. Brokerages are Becoming More and More Tech-Centered Regardless of where companies fall in the supply chain, from raw materials dealers to last-mile delivery providers, end-to-end visibility is a big deal, and technology is the only way to get it. Here’s why you should be.

Supply Chain Planning Software 78

Supply Chain Planning Software Price Reduction Scenario Planning Supply Chain Software 78

GlobalTranz

FEBRUARY 27, 2015

As a 3PL who offers a transportation management system we’ve integrated to many ERP software, we view the use of technology as an enablement tool for shippers to cut out unneeded waste and thus add more to the bottom line by saving money from such efficiency. For example, we’re looking at one set of numbers – one version of truth.

Manufacturing Procurement 110

Manufacturing Procurement ERP Logistics Network Optimization Software Procurement Solutions 110

GlobalTranz

NOVEMBER 20, 2015

We feel that if more shippers took a strategic look at shipping versus a tactical one, they will reduce costs, improve customer satisfaction, and remain competitive. Therefore, the amount of time spent picking the items is reduced. The idea of flexibility due to improved processes leads back to inherent savings for labor costs as well.

Inventory Reduction 75

Inventory Reduction Material Savings Cost Reduction Transportation 75

GlobalTranz

FEBRUARY 24, 2015

Large shippers can save millions of dollars annually if they obtain and act on this data. Transportation spending is a perennial target of budget-cutting exercises, and a large, multi-faceted cost center for many companies; some may spend three to six percent of their materials costs on transportation. Invest in Technology.

Data 94

Data Transportation Cost Reduction Material Savings 94

GlobalTranz

JANUARY 28, 2015

Yesterday we explained how to calculate dimensional weight covering the parcel examples and the impact on shipping costs , in general. For example, 50 pounds per cubic foot or greater will receive class 50 designation. Nearly all pallet dimensioning systems use multiple sensors to reduce or eliminate “shadowing” (i.e.,

Negotiating Skills 97

Negotiating Skills Price Reduction Cost Reduction Waste Reduction 97

GlobalTranz

DECEMBER 10, 2014

Businesses seeking alternatives to injection molding fabrication or looking at new ways to quickly prototype items from architectural models to car parts began to look to 3D printers as efficient, time-saving machines. Laminated Object Manufacturing (LOM) uses layers of adhesive-coated materials including paper and foil.

Manufacturing Procurement 112

Manufacturing Procurement Supply Chain Design Software Modeling Software Material Savings 112

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

FEBRUARY 13, 2017

The need for more raw materials is echoed by Nishith Rastogi of Entrepreneur Media as more products are tossed out in favor of the next best thing. As explained by Zvi Schreiber, CEO of Freightos, saving time for end users will be the cornerstone of all logistics operations in 2017. Autonomous Trucks Will Drive Logistics Forward.

Resource Reduction 82

Resource Reduction Trends Inventory Reduction Material Savings 82

GlobalTranz

JANUARY 21, 2015

If you’re planning on drilling through certain materials, you’ll need to make sure you have the right drill bit. Otherwise, you could end up doing damage to your tools, your materials and even yourself. A drill bit is a building material that falls into the category of cutting tools. Still confused? Don’t worry. Wood Drill Bits.

Manufacturing Procurement 85

Manufacturing Procurement Material Savings Procurement Solutions Logistics Network Optimization Software 85

GlobalTranz

OCTOBER 20, 2016

Manufacturers must think about new ways to reduce overhead and eliminate downtime in their factories, such as creating proactive maintenance plans and better allocation of resources. For example, companies can implement new programs and create new resources that meet the demands of millennials.

Buyer Training 95

Buyer Training Resource Reduction Cost Reduction Material Savings 95

GlobalTranz

APRIL 18, 2016

When the Internet first arrived, the idea of waiting for an extended period to receive a product was great, asserts Gordon Hellberg of Material Handling and Logistics. Furthermore, this model of e-commerce and omnichannel solutions has enabled Wal-Mart to optimize load consolidation processes and reduce costs across the organization.

Waste Reduction 91

Waste Reduction Cost Reduction Inventory Reduction Resource Reduction 91

GlobalTranz

OCTOBER 2, 2015

The maker movement is a trend in which individuals or groups of individuals create and market products that are recreated and assembled using unused, discarded or broken electronic, plastic, silicon or virtually any raw material and/or product from a computer-related device.

Manufacturing Procurement 112

Manufacturing Procurement Purchasing Skills Resource Reduction Sourcing Strategies 112

GlobalTranz

SEPTEMBER 22, 2016

The age of technology has the potential to dramatically reduce inefficiencies in the supply chain. For example, subscription-based services, such as self-driving car giant, Tesla, and the shaving guru, Dollar Shave Club, are able to collect an insurmountable amount of data on consumers, feeding back into the company’s forecast model.

Manufacturing Procurement 108

Manufacturing Procurement Procurement Analytics Procurement Solutions Optimal Sourcing 108

GlobalTranz

JANUARY 27, 2015

For example, the domestic DIM factor of DHL is 139 and that of UPS and FedEx is 166, while the international DIM factor of both UPS and FedEx is 139. Here is an example: Let’s say that your package is 15 inches long, 12 inches wide and 10 inches high. Use packing materials that do not expand or bulge.

Negotiating Skills 107

Negotiating Skills Price Reduction Cost Reduction Freight 107

GlobalTranz

MAY 2, 2016

percent inventory accuracy, a 30-percent reduction in labor costs, and a 30-percent reduction in the time of order processing asserts Supply Chain 24/7. Maintenance is becoming proactive, driving down costs from downtime and reducing the workload on humans. More importantly, the potential improvements go beyond these statistics.

Logistics Network Optimization Software 59

Logistics Network Optimization Software Resource Reduction Cost Reduction Expense Reduction 59

Logistics Business Magazine

SEPTEMBER 29, 2021

The intralogistics and energy experts of the Hamburg-based intralogistics provider STILL gave a comprehensive overview of the different energy systems during a recent “Energy” webinar and explained the advantages and disadvantages of each system in a clear and hands-on way. Looking for the right energy system. Fuel cell systems.

Webinar 47

Webinar Optimization Software Presentation Purchasing Skills 47

GlobalTranz

AUGUST 20, 2015

For example, in China alone, where the last decade brought millions of new participants into the workforce, a skills gap is expected to cause a deficit of 23 million sufficiently skilled workers there by 2030. For example, job training grants totaling $450 million were distributed among approximately 270 community colleges in 2014.

Buyer Training 104

Buyer Training Cost Reduction Resource Reduction Optimization Software 104

Logistics Business Magazine

AUGUST 27, 2020

In this in-depth webinar, you’ll learn: • The risks inherent in high-payload material transport and how automation can reduce them. • An example of a Tier 1 auto manufacturer’s “fork free” initiative. . • An example of a Tier 1 auto manufacturer’s “fork free” initiative.

Material Savings 63

Material Savings Webinar Presentation Cost Reduction 63