GlobalTranz

JULY 8, 2015

And at the end, check out a nice infographic speaking more to reverse logistics strategies and practices. Reverse Logistics allows businesses to recoup a portion of the original purchase price of this equipment. For example, a returned product may only require rewrapping of exterior for sale to a secondary consumer.

Reverse logistics 110

Reverse logistics Material Savings Cost Reduction Logistics Network Optimization Software 110

GlobalTranz

MAY 29, 2018

Parcel auditing is an excellent means of recapturing revenue by reducing parcel transportation costs for shippers around the globe. Parcel Audits Identify Much More Than Just Billing Problems The previous example focused solely the finances of billing problems, but parcel audits can identify other issues that adversely affect a business.

Cost Reduction 60

Cost Reduction Price Reduction Transportation Outsourcing 60

Parade

DECEMBER 21, 2021

Here’s why technology should be part of your overall strategy. Brokerages across the globe have turned to technology for a competitive advantage, helping them increase sales, get loads covered, improve customer experience, and cut out the busy work that slows them down. They could be missing out in consequence.

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 across the globe have turned to technology for a competitive advantage, helping them increase sales, get loads covered, improve customer experience, and cut out the busy work that slows them down. They could be missing out in consequence.

Supply Chain Planning Software 78

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

SYSPRO Smarter ERP

JULY 28, 2022

As of 2019, the average sales price per square foot for Canadian industrial properties was $154 , and it has continued to rise since, according to the Globe and Mail. Reduced efficiency. Cut down on costs. Automating invoicing eliminates mistakes that could delay payment. , paper, shredders, folders, and cabinets.

Manufacturing Procurement 111

Manufacturing Procurement Document Distribution Waste Reduction 111

GlobalTranz

DECEMBER 7, 2016

For example, the Cerasis Rater enables B2B sales by allowing other B2B partners to request automatically reorders, retrieve freight rates and offer e-commerce fulfillment and shipment. Mostly, this goes back to finding the best product possible at the lowest possible price. . Pricing Models Are Subject to the “Amazon Standard.”.

Manufacturing Procurement 87

Manufacturing Procurement Modeling Software Logistics Network Optimization Software Price Reduction 87

GlobalTranz

JUNE 16, 2015

Furthermore, innovation has replaced previous expectations and practices of reducing prices and focusing on reducing the consumers’ costs. Innovation Reduces Risk to Businesses. When considering innovation for a business, the overall goal is and always will be expansion and business growth. Innovation For IT Departments.

Manufacturing Procurement 101

Manufacturing Procurement Purchasing Skills Price Reduction Supply Chain Design Software 101

GlobalTranz

JANUARY 26, 2018

Automate Inventory Control to Reduce Errors. Automating inventory control processes is the simplest way to control inventory and reduce lost warehouse inventory. Stop Hiding Inventory Pricing From Employees. Use These Best Practices to Reduce Lost Warehouse Inventory. Set Realistic Inventory Thresholds.

Inventory Reduction 80

Inventory Reduction Inventory Price Reduction Cost Reduction 80

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

WorkWave

AUGUST 25, 2022

Someone has expressed interest in your product or service by filling out a form on your website, attending a webinar or seminar, or responding to an ad. Targets will help you create a more direct and effective strategy and ensure that you’re not wasting time or resources on unrelated efforts. A lead is a potential customer.

Resource Reduction 52

Resource Reduction Waste Reduction Cost Reduction Sourcing Strategies 52

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

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. For example, a carrier’s fuel surcharge may vary from week to the next.

Negotiating Skills 49

Negotiating Skills Price Reduction Cost Reduction Waste Reduction 49

Logistics Business Magazine

AUGUST 12, 2021

In a thoughtful webinar today digital freight forwarder Zencargo co-Founder, Richard Fattal, and Bis Henderson ‘s Louisa Hosegood debated the unprecedented pressures in the global supply chain this year and how they jeopardise retailer’s profitability. Container spot prices are a record $14000 now (Far East to Europe).

Supply Chains 67

Supply Chains Purchasing Skills Sourcing Strategies Price Reduction 67

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

FEBRUARY 7, 2017

For example, a manufacturer’s financial, warehousing, shipping and auditing information can be kept safely in one platform. These holistic platforms offer increased versatility and flexibility to adapt to fluctuations within markets, and they can eliminate the overhead costs of running an in-house IT department.

Supply Chain Design Software 76

Supply Chain Design Software Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Software 76

GlobalTranz

AUGUST 5, 2015

Let’s take a look into how RMAs function and some common examples of RMA policy. For example, a business may sell 1,000 items online or for remanufacturing companies who have core returns, and 25 percent of such items are sent it for returns due to a manufacturing defect. Common Examples of RMA Policy. Product Quality.

Resource Reduction 90

Resource Reduction Vendor Strategies Reverse logistics Cost Reduction 90

AIMMS

MARCH 8, 2016

Transportation capacity and cost: carriers are more selective about which retailers they work with and parcel pricing strategies are changing. Retailers need to respond with innovative transportation strategies and packaging options, as well as training for employees. Join our webinar and u ncover the possibilities.

Optimal Sourcing 69

Optimal Sourcing Sourcing Strategies Cost Reduction Inventory Reduction 69

GlobalTranz

APRIL 1, 2016

The 52 percent who aren't ready will soon be playing catch-up to companies on the cutting edge of these trends. Mobile CRM apps support distributed order management, pricing and fulfillment by providing real-time data to manufacturing sales representatives. Here are three ways digital technology is making manufacturing more responsive.

Modeling Software 78

Modeling Software Optimization Software Price Reduction Resource Reduction 78

Logistics Viewpoints

DECEMBER 14, 2023

Integrating external factors like consumer price indexes, GDP trends, climate change, and others into the forecast can improve signaling for supply chain design. 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.

Supply Chain Design Software 126

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Optimal Sourcing 126

Logistics Bureau

JANUARY 19, 2016

Some Service Improvements can Reduce Supply Chain Costs. Remember that there are some service improvements which reduce costs too. For example, any process improvements you can make which reduce errors and rework are going to save money for your company and improve the quality of your service provision. Best Regards.

Cost Reduction 40

Cost Reduction Waste Reduction Inventory Reduction Price Reduction 40

GlobalTranz

JULY 24, 2015

Not only are companies leveraging technology for effective supply chain management in manufacturing such as Warehouse Management Systems, ERP, and Transportation Management Systems , but they’re also open to more forward-thinking strategies in all areas of the business.

Manufacturing Procurement 114

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

GlobalTranz

FEBRUARY 4, 2015

In fact, the introduction of Qualcomm’s OmniTracs ™ in 1988 and UPS’ roll-out of the DIAD ( Delivery Information Acquisition Device ) four years later are prime examples of pioneering companies investing in mobile technology as a means to drive efficiencies and create competitive advantage. Mobile Computing.

Supply Chain Planning Software 99

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Logistics Network Optimization Software 99

AIMMS

MARCH 8, 2016

Transportation capacity and cost: carriers are more selective about which retailers they work with and parcel pricing strategies are changing. Retailers need to respond with innovative transportation strategies and packaging options, as well as training for employees. Watch our webinar and u ncover the possibilities.

Cost Reduction 62

Cost Reduction Inventory Reduction Price Reduction Sourcing Strategies 62

GlobalTranz

MARCH 8, 2016

So how does this change with LTL dimensional pricing? . This just does not make common sense, and carriers are moving towards a dimensional pricing model (DIM pricing) to help level the playing field when shipping products of different weight and density. Myths of LTL Dimensional Pricing. It's a way to get more money.”.

Purchasing Skills 52

Purchasing Skills Price Reduction Packaging Cost Reduction 52

GlobalTranz

AUGUST 3, 2015

However, some ERP systems may have extensive costs, which would easily outweigh the purchasing price of individual Warehouse Management Systems ( WMSs ) and Supply Chain Management (SCM) suites. Now, some may argue the use of cloud-based software eliminates the need for a multi-client platform.

Supply Chain Design Software 97

Supply Chain Design Software Supply Chain Software Procurement Solutions Logistics Network Optimization Software 97

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. Increased bid competitiveness through pricing accuracy.

Manufacturing Procurement 110

Manufacturing Procurement ERP Logistics Network Optimization Software Procurement Solutions 110

GlobalTranz

SEPTEMBER 1, 2015

While best practice dictates shippers should obtain new pricing quotes every time they use carriers to transport their freight, we’ve highlighted a few scenarios in which using historical truck carrier rates is ok. Next time you want to compare carriers on factors such as price before shipping freight, make sure to use your historical data.

Data 92

Data Scenario Planning Trucking Price Reduction 92

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

NOVEMBER 19, 2015

An Example of Data Collection and Metrics in Logistics and Transportation Management Program Processes. For example, incoming deliveries may be delayed due to inclement weather. In this example, a company may feel the aspect of metrics were left out. This becomes a self-fulfilling circle of order fulfillment at lower prices.

Data 77

Data Sourcing Strategies Optimal Sourcing Transportation 77

GlobalTranz

JUNE 10, 2015

For example, if the receiving department handles the paperwork or incoming shipment incorrectly, the claims department will be unable to collect reimbursement for the damaged shipment. A carrier isn’t going to remove charges because of a holiday for example. #3: It really is a big thing. You really can’t long term.

Purchasing Skills 100

Purchasing Skills Price Reduction Logistics Network Optimization Software Inbound 100

AIMMS

FEBRUARY 9, 2017

Prescriptive Analytics is at the cutting edge of data science and companies are increasingly interested in exploring its benefits. Perhaps most importantly, changing your strategy is nearly impossible. Let’s take an example from one of our clients in manufacturing. Take production planning tools, for example.

Supply Chain Planning Software 78

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

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

Conger

FEBRUARY 4, 2025

You may already know that just having your drivers license wont cut it when it comes to operating a forklift. IN-PERSON CLASSROOM TRAINING Benefits: You get the benefit of having an instructor that you can ask questions to immediately and who can show you examples right away as appropriate. Benefits: Most conducive to a busy schedule.

Buyer Training 52

Buyer Training Training Operations Materials Handling 52

Logistics Viewpoints

NOVEMBER 21, 2022

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. Reduce miles, reduce touches, become more efficient all the way through” your supply chain.

Food and Agriculture 102

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

GlobalTranz

NOVEMBER 21, 2016

Cutting costs and maximizing value are hallmarks of an efficient transportation management system (TMS) solution. For example, do you need less-than-truckload (LTL), small package, full truckload (FT) or freight consolidation? You cannot improve what you do not understand, and the same applies to your current operations.

Negotiating Skills 79

Negotiating Skills Optimization Software Cost Reduction Price Reduction 79

GlobalTranz

FEBRUARY 6, 2017

While supply chain entities struggle to stay competitive with the e-commerce giant, more organizations will look for ways to eliminate inefficiencies and boost operations. Per IDC Manufacturing Insights , the use of robotics will become more platform based through robot-as-a-service, reducing costs of deployment and maintenance.

Supply Chain Planning Software 73

Supply Chain Planning Software Procurement Analytics Supply Chain Software Manufacturing Procurement 73