Logistics Business Magazine

SEPTEMBER 13, 2024

A Recent Example of Similar Innovation: P&G and Microsoft Collaboration In a related development, Procter & Gamble (P&G) recently partnered with Microsoft to enhance its supply chain operations using artificial intelligence and cloud computing.

Supply Chain Design Software 59

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 59

GlobalTranz

SEPTEMBER 3, 2015

When you work in a position related to supply-chain management, you have lot of practice in having to constantly watch over every step of the process in an attempt to cut down the time, energy or costs that it takes to make, ship and sell your product. A machine is only as good as the people working with it. Assembly Analysis. The Formula.

Cost Reduction 101

Cost Reduction Supply Chain Design Software Supply Chain Design Material Savings 101

GlobalTranz

MARCH 24, 2016

To combat freight spend, supply chain entities have devoted huge investments and deployed developmental teams to find ways to improve efficiency, manage all parts of the manufacturing and shipping process, and eliminate all sources of delays. In other words, transportation providers and shippers have to do more with less while reducing costs.

Cost Reduction 54

Cost Reduction Waste Reduction Transportation Freight 54

GlobalTranz

JULY 2, 2015

In it’s purest form, lean manufacturing is about eliminating waste and increasing quality and consistency — despite the pundits who insist you can be lean only if you can spell and pronounce words such as kaizen, kanban and heijunka. Once that is done, running equipment — no matter how efficiently — is a waste. Error Proofing.

Manufacturing Procurement 67

Manufacturing Procurement Waste Reduction Material Savings Resource Reduction 67

GlobalTranz

JUNE 22, 2015

To find out more information about the examples in this post, please visit Magnatag Visible Systems website. Mieruka : The Four Different Types of Lean Visuals with Examples. Here we discuss the purpose and definition of each category, and provide examples from Toyota’s factories and service oriented companies.

Examples 94

Examples Definition Waste Reduction Logistics Network Optimization Software 94

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

NOVEMBER 3, 2015

We first did an overview of the 10 areas of strategy a shipper must know in order to stay competitive. Today we will talk about the flow of strategy as pertains to inventory flow and driving warehouse efficiency. The essence of strategy is choosing what not to do. ” ― Michael E. Our first post focused on distressed shipments.

Inventory Reduction 112

Inventory Reduction Vendor Strategies Cost Reduction Waste Reduction 112

GlobalTranz

JANUARY 16, 2018

The US energy industry is also awaiting changes in basic operating procedures, which are expected to dramatically reduce energy costs. Typically, they have less waste, rely on less energy and effectively increase profit margins. Manufacturing Strategy Will Reduce the Burden of Costs of Transformation.

Manufacturing Procurement 86

Manufacturing Procurement Price Reduction Cost Reduction Waste Reduction 86

GlobalTranz

APRIL 26, 2017

In other words, systems that have a proven record of accomplishment and success can eliminate these pitfalls and risks. For example, smart technologies can be leveraged to reduce wait times and delays for fleet drivers. Essentially, bad data is the conglomeration of incorrect data capture and application.

Supply Chain Planning Software 88

Supply Chain Planning Software Supply Chain Software Supply Chain Technology Logistics Network Optimization Software 88

GlobalTranz

OCTOBER 12, 2016

However, manufacturers can work to reduce the overall manufacturing skills gap by following these four steps. Eliminate Gender-Based Inequality. Smart, sustainable factories, such as those using the Industrial Internet of Things to reduce carbon emissions and waste, will help align company goals with publics goals.

Manufacturing Procurement 125

Manufacturing Procurement Buyer Training Waste Reduction Cost Reduction 125

GlobalTranz

APRIL 18, 2016

With more products coming in, the pressure will be on distributors and order fulfillment centers to create warehousing space and eliminate wasted space wherever possible. Customers have the option to have products shipped to home or the store, and this eliminates any confusion about how much space is needed within each store.

Waste Reduction 91

Waste Reduction Cost Reduction Inventory Reduction Resource Reduction 91

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. In addition to cutting the costs, these technologies create speed, precision, efficiency and flexibility for manufacturing companies. In many ways, it has already changed the world.

Logistics Network Optimization Software 115

Logistics Network Optimization Software Cost Reduction Waste Reduction Material Savings 115

GlobalTranz

OCTOBER 5, 2015

Thus, in the global supply chain, exploiting the opportunity presented by the Internet of Things technology can improve: revenue growth, asset utilization, waste reduction, customer service, profitability, sustainability, security, risk mitigation, working capital deployment, agility and. equipment uptime. Improve service levels.

Optimal Sourcing 111

Optimal Sourcing Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 111

GlobalTranz

FEBRUARY 24, 2016

Lean manufacturing refers to eliminating waste, reducing costs, and improving production with finite resources. For example, mobility in manufacturing solutions are enabling warehouses to reduce inventory costs. The use of lean manufacturing systems has become commonplace in modern manufacturing.

Waste Reduction 53

Waste Reduction Inventory Reduction Cost Reduction Resource Reduction 53

GlobalTranz

JULY 8, 2015

And at the end, check out a nice infographic speaking more to reverse logistics strategies and practices. Furthermore, when an item is returned by a customer to the respective business, the item becomes a wasted cost if the item is simply trashed. Cost Management. Environmental Factors.

Reverse logistics 110

Reverse logistics Material Savings Cost Reduction Logistics Network Optimization Software 110

GlobalTranz

DECEMBER 4, 2015

5 Engagement Strategies in Managing a Relationship With a Transportation Management 3PL. For example, your employees may need additional resources, such as increased accessibility to processing terminals or additional training, to make the appropriate changes. Why A Successful Transportation Management Program Is Empowered By Data.

Inventory Reduction 53

Inventory Reduction Waste Reduction Resource Reduction Tips 53

GlobalTranz

JANUARY 4, 2017

In the below is a real world example of a consultant coming to a third party logistics company with the goal of choosing a warehouse and 3pl provider. Lean is DAILY continuous improvement, pull systems to reduce inventories (versus push that increases inventory), Lean Six Sigma to improve quality to.003 3PL Answer 1.

Negotiating Skills 77

Negotiating Skills Cost Reduction Scenario Planning Inventory Reduction 77

GlobalTranz

NOVEMBER 24, 2015

5 Engagement Strategies in Managing a Relationship With a Transportation Management 3PL. Driving business growth and reducing overhead costs remain the top priorities of any business. However, achieving sustainability revolves around reducing, not eliminating, the causes of environment problems. Reducing Emissions.

Cost Reduction 62

Cost Reduction Waste Reduction Resource Reduction Inventory Reduction 62

GlobalTranz

FEBRUARY 3, 2016

To add insult to injury, as manufacturers, right now must do all they can to have efficient logistics processes in order to reduce overall costs. Typically, those who work and run a manufacturing company are not an expert at operations and strategies for BOTH manufacturing and logistics. Think back to our example.

Cost Reduction 54

Cost Reduction Price Reduction Waste Reduction Material Savings 54

GlobalTranz

OCTOBER 10, 2017

The answer to this question lies in using last mile metrics to track key performance indicators and target levels of service to ensure accountability, visibility and continued reduction of costs in last mile delivery. These metrics provide a quick yes or no analysis of the effectivity of your last mile logistics strategy.

Cost Reduction 61

Cost Reduction Waste Reduction Expense Reduction Logistics Network Optimization Software 61

GlobalTranz

NOVEMBER 10, 2015

However, costs can be further reduced through the use of a warehouse management system (WMS). For example, reducing excessive safety stock allows a warehouse to minimize number of reorders, reduce wasted space, and avoid issues in shipping errors. Only as strong as your weakest link, as they say!

Supply Chain Planning Software 90

Supply Chain Planning Software Optimization Software Inventory Reduction Cost Reduction 90

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

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. Rate Types.

Negotiating Skills 49

Negotiating Skills Price Reduction Cost Reduction Waste Reduction 49

GlobalTranz

MARCH 26, 2018

With effective logistics planning and strategies, you can run a supply chain smoothly without too many concerns. For example, if you operate in an area prone to bushfires, you need to consider how this will affect the roads and infrastructure. There is no need to waste time pointing fingers and playing the blame game.

Supply Chains 61

Supply Chains Scenario Planning Waste Reduction White Paper 61

GlobalTranz

SEPTEMBER 8, 2017

In essence, digital supply chains aim to minimize waste and bring greater profits, whilst being truly efficient system. Examples of such technologies are GPS tracking, barcodes, radio frequency identification (RFlD), smart labels and wireless sensor networks. Define your strategy and be open from the outset.

Supply Chain Software 83

Supply Chain Software Supply Chains Digital Waste Reduction 83

GlobalTranz

JULY 20, 2015

Thus, reverse logistics management has developed into a discipline that produces cost reductions, adds efficiencies and improves the consumer experience. Measures such as amount of product to be reclaimed and resold as is, or percentage of material recycled, are examples of such metrics. Increased velocity. Schedule a demo today !

Reverse logistics 105

Reverse logistics Supply Chain Planning Software Optimization Software Modeling Software 105

GlobalTranz

FEBRUARY 25, 2016

For example, some people are offering to pay up to $10 for old, discarded car batteries. In the Netflix example, the probability is attained through a comparison of the cost of purchasing multiple DVDs to the cost of streaming video through the internet as part of a Netflix subscription.

Supply Chain Software 69

Supply Chain Software Supply Chains Manufacturing Procurement Resource Reduction 69

GlobalTranz

APRIL 17, 2017

For example, natural disasters may require rerouting of products in one area of the country. No one wants to have that on their conscious, but you can eliminate this fear, regardless of what you ship, by using TMS automation. On the surface, sustainability is about reducing a company’s carbon footprint and impact on the environment.

Supply Chain Software 49

Supply Chain Software Automation Efficiency Inventory Reduction 49

GlobalTranz

NOVEMBER 13, 2015

Stay tuned over the next week or so to read the remaining 5 posts in order to have a more strategic (read: not so tactical, hurried, rushed, or resource wasteful) mindset in effective logistics and transportation management. Today we will discuss the importance of flexibility for strategic logistics management.

Logistics Network Optimization Software 87

Logistics Network Optimization Software Modeling Software Waste Reduction Material Savings 87

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

SEPTEMBER 7, 2016

Netflix, for instance, made a bold move in 2013 to disrupt the movie-rental industry, offering the option to stream videos on-demand, cutting out the logistics aspect of mail-order rentals entirely. But these innovations don’t always come easily. Accessible Technology Will Level the Playing Field.

Supply Chain Software 54

Supply Chain Software Logistics Network Optimization Software Collaboration Supply Chains 54

GlobalTranz

DECEMBER 9, 2014

For other businesses, such as manufacturing company or other industrial company, that use them incidentally, buying a winch would be a complete waste of money and time. For example, let’s say that you’re a construction company. So, for example, a company like jackswinches.com will let you hire out a winch for a reasonable price.

Industry 91

Industry Manufacturing Procurement Waste Reduction Purchasing Skills 91

GlobalTranz

MAY 28, 2015

These are but extensions of the idea to maximize omni- channel strategies by putting the customer at the heart of the supply chain. . 5 Strategies to Personalize Your Web Experience to Put the Customer Focus at the Heart of the Omni-Channel Supply Chain. Are you ready to discuss your omni-channel supply chain strategy?

Supply Chain Software 93

Supply Chain Software Vendor Strategies Supply Chains Waste Reduction 93

GlobalTranz

JUNE 13, 2016

Shippers are focusing on using dimensional pricing to cut down on wasted space, and consolidation of freight has become the new buzzword. This includes reducing dead time and driver-related processes that are not driving. Capacity Is Tight, Not Impossible. Capacity of today’s fleets is tight.

Capacity 49

Capacity Cost Reduction Price Reduction Waste Reduction 49

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. One version of the truth. Quicker month-end closings.

Manufacturing Procurement 110

Manufacturing Procurement ERP Logistics Network Optimization Software Procurement Solutions 110

GlobalTranz

APRIL 14, 2016

Take, for example, the connected “Smart” office. According to McKinsey , this last has been known to reduce maintenance costs by as much as 40% and cut unplanned downtime in half. Cut lines, bad weather, provider outages – how do you protect a connected business when so much of it depends on things outside your control?

Supply Chain Design Software 57

Supply Chain Design Software Supply Chain Software Optimization Software Supply Chain Design 57

GlobalTranz

SEPTEMBER 19, 2016

Slim-lined packaging makes it possible to ship far more products at once, thus reducing the amount of vehicle emissions sent into the atmosphere. As far as companies in America go, Johnson & Johnson is setting a primary example of eco-friendly production. Like IKEA, this company has taken the idea of renewable energy to heart.

Manufacturing Procurement 87

Manufacturing Procurement Material Savings Resource Reduction Industry 87