GlobalTranz

SEPTEMBER 22, 2016

The roles of logistics and procurement in an efficient supply chain cannot be overstated. According to Paul Myerson , reports Industry Week, up 70 percent of a company’s costs come from procurement and logistics operations. So, why do supply chain managers not take advantage of this data with respect to procurement?

Manufacturing Procurement 108

Manufacturing Procurement Procurement Analytics Procurement Solutions Optimal Sourcing 108

Logistics Bureau

APRIL 3, 2023

Across our many blog posts, videos, webinars, eBooks, and other shared content, you’ll find a wealth of information about various aspects of outsourcing in the supply chain. However, I can’t recall writing a general guide about exploiting outsourcing opportunities to improve your supply chain.

Outsourcing 98

Outsourcing Optimal Sourcing Supply Chain Software Cost Reduction 98

Blue Grace Logistics

JULY 24, 2018

The term “optimization” is thrown around often in the logistics landscape. It’s true, optimization is an indispensable part of a well-run business model. While the decision is sometimes considered arbitrary, in order to optimize your operation, i.e. lower cost and maximize profit, it is crucial to consider the following factors. .

Optimal Sourcing 48

Optimal Sourcing Negotiating Skills Cost Reduction Supply Chain Design Software 48

GlobalTranz

JULY 7, 2017

Editor's Note: Today's is blog is from Nicole Lewis who shows us the steps for smarter logistics planning optimization. However, contemporary business affairs feel an increasing need not only in logistics planning optimization but also in it as a whole procedure. Logistics planning optimization, evaluation of results and monitoring.

Optimal Sourcing 25

Optimal Sourcing Supply Chain Planning Software Optimization Software Logistics Network Optimization Software 25

SYSPRO Smarter ERP

MARCH 20, 2024

Common issues include: Lack of data-source integration. The ability to gather and compare data from multiple sources is vital to making real-time decisions. Storage costs increase significantly when you duplicate data across multiple sources. In recent years, the amount of data available to most companies has exploded.

Manufacturing Procurement 105

Manufacturing Procurement Optimal Sourcing Expense Reduction Cost Reduction 105

AIMMS

MARCH 2, 2021

Districon is a consulting company that brings the power of optimization and analytics closer to supply chain processes. What is S&OE and what does it entail to develop a companion app with optimization capabilities? Our recent webinar shared 3 must-haves for companies to improve their S&OE capability.

Optimal Sourcing 83

Optimal Sourcing AIMMS Supply Chain Planning Software Modeling Software 83

GlobalTranz

JANUARY 10, 2017

From artificial intelligence to refocusing on procurement, the state of supply chain continued to explode throughout 2016, and you need to understand why. In other words, the use of AI may help to improve patient outcomes and reduce delays from misdiagnoses or laboratory testing. The State of Supply Chain 2016 Trends.

Manufacturing Procurement 65

Manufacturing Procurement Optimal Sourcing Procurement Analytics Procurement Solutions 65

Logistics Viewpoints

OCTOBER 10, 2022

in turn, is a boutique procurement consultancy. As the Automotive OEMs improved their supply chain risk management processes, they then turned to their key suppliers to improve their risk management processes. Niebur spoke of risk management as a continuous improvement journey that would never end.

Supply Chain Planning Software 119

Supply Chain Planning Software Supply Chain Software Supply Chains Optimal Sourcing 119

GlobalTranz

NOVEMBER 17, 2016

Supply chain leaders must be ready to implement big data and leverage it to improve their companies without any delay or inhibition This may sound impossible and frightening, but they must only understand how big always goes back to these two, simple principles of measurement, review, and action. However, the fundamental problem remains.

Supply Chain Design Software 115

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

GlobalTranz

FEBRUARY 27, 2018

Procurement must never be an afterthought in any enterprise. The answers to these questions lie in understanding a few of the top industrial procurement trends to expect in 2018. Companies Will Seek New Ways to Use Technology in Procurement. The global supply chain creates many challenges and opportunities in procurement.

Manufacturing Procurement 66

Manufacturing Procurement Supply Chain Planning Software Optimal Sourcing Supply Chain Software 66

Logistics Viewpoints

SEPTEMBER 19, 2023

Supply chain executives must evolve from cost and service as the key objectives for optimal demand-supply balancing towards the “quadfecta” of cost, service, resiliency, and sustainability. The bullwhip effect is one example of this disruptive effect, when small changes in demand cause huge demand spikes downstream.

Supply Chain Design Software 119

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Supply Chain Software 119

AIMMS

FEBRUARY 9, 2017

Unlike Descriptive (focused on reporting with basic trend or pattern recognition) or Predictive Analytics (focused on predicting the future with forecasting techniques), Prescriptive Analytics uses techniques like machine learning and mathematical modeling to help you improve decision making. Take production planning tools, for example.

Supply Chain Planning Software 78

Supply Chain Planning Software Optimization Software Modeling Software Supply Chain Software 78

AIMMS

JUNE 16, 2020

How are companies leveraging scenario modeling for network design and optimization ? The good news is many of the survey’s respondents recognize the potential of more advanced optimization solutions. Another use case we see for scenario modeling in the current context is evaluating new sourcing locations.

Scenario Planning 71

Scenario Planning Supply Chain Design Software Supply Chain Design Optimization Modeling 71

GlobalTranz

FEBRUARY 19, 2016

As time passed, procurement gradually gained a larger role in the scope of manufacturing and order fulfillment. By the mid-1950s , procurement had become a commonplace aspect of minor business, and procurement was almost comparable to secretarial work. Why Is Technology Driving Procurement Trends and the Role of Procurement?

Manufacturing Procurement 56

Manufacturing Procurement Optimal Sourcing Procurement Analytics Procurement Solutions 56

GlobalTranz

JANUARY 9, 2017

2016 marched onward with a drive to improve the use of digital technology throughout the supply chain. Innovation is the driving force behind change and improvement in the modern world. Marshbank’s words highlighted the need to focus on fundamental concepts while responding to changes and improvements in the supply chain.

Supply Chain Software 79

Supply Chain Software Supply Chains Optimal Sourcing Digital 79

Blue Grace Logistics

JULY 21, 2020

Understanding the nuances of your supply chain and how to improve upon it is the best way to achieve maximum savings, optimize efficiency, and manage customer expectations. Measuring can help you to: Analyze the need for process improvements. Understand where cargo can be consolidated to increase cost savings.

Optimal Sourcing 62

Optimal Sourcing Supply Chain Planning Software Cost Reduction Supply Chain Software 62

GlobalTranz

APRIL 22, 2015

In this infographic you will learn, for example, that the global market value for logistics has surpassed $4trillion. Efficient logistics is an important determinant of a country’s competitiveness and source of employment. It is also defined as the procurement, maintenance, distribution, and replacement of personnel and material.

Global logistics 116

Global logistics Material Savings Cost Reduction Supply Chain Planning Software 116

AIMMS

MARCH 8, 2016

To succeed, companies will have to improve visibility, in-store accuracy levels, integration and technology capabilities. Source, make, and deliver reporting to a common leader. Join our webinar and u ncover the possibilities. Strong horizontal processes. Horizontal organizational alignment. sales planning. sales planning.

Optimal Sourcing 69

Optimal Sourcing Sourcing Strategies Cost Reduction Inventory Reduction 69

GlobalTranz

NOVEMBER 19, 2015

6 Benefits of Applying Useable Data in Logistics For Continuous Improvement. In this post we will talk about how you can improve your transportation management program by focusing on using data, extracted from the use of technology, such as a transportation management system, that then people can use to continuously improve.

Data 77

Data Sourcing Strategies Optimal Sourcing Transportation 77

CLX Logistics

APRIL 26, 2019

Better ways to manage transport operations emerge, from how we plan and strategize, to how we ultimately execute and drive continuous improvement. For companies willing to embrace opportunities for improvement across the entire supply chain, here’s a look at the top transportation procurement and benchmarking trends.

Optimal Sourcing 45

Optimal Sourcing Negotiating Skills Procurement Cost Reduction 45

GlobalTranz

JULY 14, 2015

For example, a subtle change in hydraulic pressure may still permit the machine to operate. For example, a machine may need to have a specific part replaced every three months, but periods of increased demand could mean the manufacturing entity is placed at maximum capacity. The IoT Supply Chain with Robotics & Other Industries.

Supply Chain Software 103

Supply Chain Software Supply Chains Manufacturing Procurement Scenario Planning 103

GlobalTranz

JANUARY 17, 2017

Newer technologies have created entirely new methodologies for improving manufacturing, and the outlook is brighter than ever. For example, the aeronautics’ giant, Lockheed Martin, has embraced augmented reality during the manufacturing and repair processes, explains Industry Week. VR tends to replace the entire image. billion by 2021.

Manufacturing Procurement 82

Manufacturing Procurement Procurement Analytics Expense Reduction Material Savings 82

GlobalTranz

JANUARY 18, 2017

Let’s take another look at how procurement, computing power, industry 4.0, cyber security, advanced robotics and automation became top priorities for research, development, and implementation throughout the past year’s operations in the manufacturing industry. . Procurement Operations Became Decentralized and Adaptable.

Manufacturing Procurement 58

Manufacturing Procurement Supply Chain Software Optimal Sourcing Procurement 58

GlobalTranz

FEBRUARY 6, 2018

What makes Ethereum different is that it actively encourages software development teams to use its open-source protocol to design tokens that run on top of the Ethereum blockchain. Provenance ensures transparency in supply chains, with the aim of encouraging brands to source materials and labor in an ethical and fair trade manner.

Supply Chain Design Software 164

Supply Chain Design Software Supply Chain Software Supply Chain Design Supply Chains 164

Blue Grace Logistics

APRIL 7, 2020

Given the importance of the subject, we hosted a webinar on the topic – From Chips to Dips in Service? Source: BlueGrace Logistics Webinar: From Chips to Dips in Service? For example wholesalers, retailers, e-commerce websites, also benefit in the form of more saleable goods to offer their customers. That’s not all.

Supply Chain Design 62

Supply Chain Design Supply Chains Negotiating Skills Negotiate Pricing 62

AIMMS

MARCH 8, 2016

To succeed, companies will have to improve visibility, in-store accuracy levels, integration and technology capabilities. Source, make, and deliver reporting to a common leader. Watch our webinar and u ncover the possibilities. Strong horizontal processes. ?Horizontal Horizontal organizational alignment. sales planning.

Cost Reduction 62

Cost Reduction Inventory Reduction Price Reduction Sourcing Strategies 62

Blue Grace Logistics

APRIL 26, 2019

In our March webinar, titled Time Definite Freight and Positive ROI , Brian Blalock, Senior Manager Sourcing Strategy, and Eric Chambers, Vice President, Field Performance at BlueGrace Logistics, discuss the delivery method that is redefining the logistics landscape. Technology & Optimizing Time-Definite Freight.

Definition 48

Definition Inventory Reduction Cost Reduction Optimal Sourcing 48

AIMMS

FEBRUARY 9, 2017

Unlike Descriptive (focused on reporting with basic trend or pattern recognition) or Predictive Analytics (focused on predicting the future with forecasting techniques), Prescriptive Analytics uses techniques like machine learning and mathematical modeling to help you improve decision making. Take production planning tools, for example.

Supply Chain Planning Software 62

Supply Chain Planning Software Modeling Software Optimization Software Supply Chain Software 62

Locus

NOVEMBER 28, 2022

One such example is the Middle East. Key takeaways from this webinar: Customer expectation from online retailers: Many customers, especially the younger demographic, would expect their delivery experience to be top-notch, which includes low shipping costs, accurate time of delivery, convenient time slots, and more. Watch our webinar.

Optimal Sourcing 52

Optimal Sourcing Optimization Software Logistics Network Optimization Software Webinar 52

GlobalTranz

MAY 1, 2018

Since this trend isn’t likely to change anytime soon, shippers who can contain the cost of shipping by maximizing efficiency and optimization throughout their shipping network will be on firm ground heading into the future. The first step is to collect all the data required to support optimal decision-making within the shipping function.

Procurement Analytics 61

Procurement Analytics Optimal Sourcing Data Sourcing Strategies 61

GlobalTranz

FEBRUARY 13, 2017

According to PLS Logistics , global companies will install procurement managers in China for entire organizations by 2025. Meanwhile, the use of Big Data will empower new fleets and freight optimization and consolidation measures, and the IoT will provide new insights. Globalization Will Become More Important in Everyday Decisions.

Resource Reduction 82

Resource Reduction Trends Inventory Reduction Material Savings 82

GlobalTranz

APRIL 18, 2016

Furthermore, this model of e-commerce and omnichannel solutions has enabled Wal-Mart to optimize load consolidation processes and reduce costs across the organization. For example, small-business e-stores have managed to create environments that allow customers to see inventory in real time, reducing problems with excessive ordering.

Waste Reduction 91

Waste Reduction Cost Reduction Inventory Reduction Resource Reduction 91

GlobalTranz

SEPTEMBER 28, 2016

Moreover, Supplier Development promotes ongoing improvements that are intended to benefit both your company and supplier(s).It It is important to note that the above focus does not take into account short-term efforts to improve cost, quality or delivery issues with supplier(s) to meet companies’ expectations. 50% improvement) min.

Supply Chain Planning Software 89

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

Blue Grace Logistics

AUGUST 14, 2018

In our recent webinar, Landed Cost & Vendor Compliance , we posed some prudent questions for companies to review with their operations teams, listed below. How can you improve efficiency and visibility when controlling costs? You can’t expect to improve in anything you don’t measure,” Blalock says. Is the cost worth it?

Purchasing Skills 48

Purchasing Skills Compliance Optimal Sourcing Supply Chain Planning Software 48

GlobalTranz

OCTOBER 12, 2016

Without getting into a heated discussion on the politics of the issue, women in the manufacturing industry will play a vital role in improving the manufacturing skills gap. For example, parents may say, “You could become a lawyer or doctor.” 4 Ways to Combat the Manufacturing Skills Gap. Eliminate Gender-Based Inequality.

Manufacturing Procurement 125

Manufacturing Procurement Buyer Training Waste Reduction Cost Reduction 125

GlobalTranz

MAY 21, 2015

Everything from sourcing raw materials, manufacturing, to the sales channels which feed supply for a finished product are essential factors. This requires a new broad look at the business of transportation supply chain, including supply chain management, logistics, & procurement.

Supply Chain Planning Software 100

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

GlobalTranz

NOVEMBER 11, 2016

Big data in supply chain has become synonymous with better business, improving efficiency in the supply chain, continually improving and innovation. For example, does location A offer more benefits than location B. In this example, location A is located outside of shopping center with few restaurants.

Supply Chain Software 92

Supply Chain Software Supply Chains Data Sourcing Strategies 92