GlobalTranz

SEPTEMBER 8, 2015

This is the first post in a four-part series on how to achieve best in class shipper status. To have the best value per mile in transportation and shipping, a given shipper must have a working knowledge of how shipping processes operate. Shipping Strategy. The answer is your business strategy. Freight Spend Management.

Cost Reduction 93

Cost Reduction Expense Reduction Supply Chain Planning Software Optimization Software 93

GlobalTranz

OCTOBER 9, 2015

It had a fascinating mention of " Additive Manufacturing " (AM) and how it could be a game changer. One of the biggest challenges facing automotive, aerospace and defense manufacturers is the limited shapes a part can be cut, molded or welded in. Smart Manufacturing will Make Supply Chains Demand Driven not Forecast Driven.

Manufacturing Procurement 125

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software Supply Chains 125

GlobalTranz

NOVEMBER 17, 2016

Supply chain leaders are enthralled with the idea of using big data, but they tend to fail to understand how to disseminate big data in their organization properly. True, they may know how to roll out big data in a single warehouse, or they may have heard their competitors used branded systems for implementing this new technology.

Supply Chain Design Software 115

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GlobalTranz

FEBRUARY 27, 2017

While trucks have a smaller carbon footprint/kg/km than air freight, the enormous volume of truck freight explains why reducing the carbon footprint is a priority goal. Add in emissions from fork trucks, yard trucks, 3PLs and there’s almost no way for a shipper to assess, track and reduce their carbon footprint easily. Root cause.

Waste Reduction 80

Waste Reduction Cost Reduction Expense Reduction Material Savings 80

GlobalTranz

JUNE 5, 2018

The wrong strategy or blend of transportation modes will result in losses, and since consumers only see product costs through Amazonian eyes, increasing product price points and shipping charges is unacceptable. According to PNG Logistics, drivers need to reduce deadhead, and high-volume destinations result in more backhaul opportunities.

Expense Reduction 60

Expense Reduction Cost Reduction Price Reduction How To 60

GlobalTranz

FEBRUARY 11, 2015

Traditionally Transportation Management Systems have been very expensive and complex, making them costly to implement and maintain over time. Cloud-based products are cutting down on the time it takes to install and implement a Transportation management System in an effective way.

Expense Reduction 94

Expense Reduction Price Reduction Vendor Strategies Transportation 94

GlobalTranz

JANUARY 28, 2015

The process, of shipping and managing your freight expenses, is becoming more dependent on the size of your freight and the space it occupies than ever before. Yesterday we explained how to calculate dimensional weight covering the parcel examples and the impact on shipping costs , in general. 29 and Jan. 1, respectively.

Negotiating Skills 97

Negotiating Skills Price Reduction Cost Reduction Waste Reduction 97

Freightos

MAY 23, 2024

And when rates plummeted in early 2023, carriers saw importers no-show on their volume commitments in favor of the less-expensive spot market. If you’re interested in learning about how to use container derivatives, you can reach out to Peter here. But this problem isn’t new.

Industry 112

Industry Logistics Network Optimization Software Price Reduction Logistics 112

Conger

MARCH 28, 2024

These commercial vehicles are called fleets and are often one of the most expensive assets for a business. It helps in promoting safer driving practices and reducing breakdowns. One of the strategies to consider is adopting robust fleet management software, which enables businesses to automate and streamline fleet-related processes.

Optimization Software 72

Optimization Software Optimal Sourcing Expense Reduction Cost Reduction 72

GlobalTranz

JANUARY 23, 2015

Fredrick Taylor, who wrote The Principles of Scientific Management in 1911 and is considered the father of industrial engineering, focused his early research on how to improve manual loading processes. In the 1940s and 1950s, the focus of logistics research was on how to use mechanization (e.g.,

Supply Chain Planning Software 134

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 134

GlobalTranz

DECEMBER 9, 2016

After all, next-day shipping hasn’t become the new standard just yet, and offering it – at least on expensive purchases – can be an excellent way to stay ahead of the curve. . How to Keep Up With Next-Day Delivery . According to Forbes , at least 90% of today’s online retailers offer a next-day delivery option, but it’s rarely cheap.

eCommerce 92

eCommerce Expense Reduction Cost Reduction Eliminating Excel in Purchasing 92

GlobalTranz

JANUARY 17, 2017

So, let’s take a look at how our predictions for the first four manufacturing technology trends (Predictive analytics, 3D Printing, and VR) to watch for in 2016 stacked up. The use of predictive analytics has the potential to dramatically reduce expenses in the manufacturing sector, particularly with respect to proactive machine maintenance.

Manufacturing Procurement 82

Manufacturing Procurement Procurement Analytics Expense Reduction Material Savings 82

GlobalTranz

NOVEMBER 10, 2015

Transportation costs make up 60 percent of overall logistics expenses for all shippers and 3PLs. However, costs can be further reduced through the use of a warehouse management system (WMS). However, costs can be further reduced through the use of a warehouse management system (WMS).

Supply Chain Planning Software 90

Supply Chain Planning Software Optimization Software Inventory Reduction Cost Reduction 90

GlobalTranz

MARCH 15, 2017

While trucks have a smaller carbon footprint/kg/km than air freight, the enormous volume of truck freight explains why reducing the carbon footprint is a priority goal. . Add in emissions from fork trucks, yard trucks, 3PLs and there’s almost no way for a shipper to easily assess, track and reduce their carbon footprint. .

Cost Reduction 48

Cost Reduction Waste Reduction Expense Reduction Material Savings 48

GlobalTranz

JULY 14, 2015

The Internet of Things (IoT) seems to be popping up in more conversations throughout the entire supply chain , and more businesses have turned towards IoT experts for guidance on how to take advantage of its benefits. The Internet radically changed how the world communicates. Let us know in the comments section below.

Supply Chain Software 103

Supply Chain Software Supply Chains Manufacturing Procurement Scenario Planning 103

GlobalTranz

DECEMBER 5, 2014

There is a strong relationship between mismanaged supply chains and transportation and loss of profits, as an effectively structured supply chain will reduce business operation expenses. Get all the correct information on the BOL the first time and that will dramatically cut down on the chances of a reweigh.

Freight 97

Freight Negotiating Skills Expense Reduction Cost Reduction 97

GlobalTranz

JULY 31, 2015

With this information in-tow, shippers need to start planning for how to deal with the projected increase. Take a look at some of the specifics of the Freight Forecast and how shippers may adapt to the coming increases. Vitals of the Freight Forecast. Shippers Prepare…. Do not let this report result in your demise.

Freight 124

Freight Procurement Analytics Purchasing Skills Cost Reduction 124

GlobalTranz

APRIL 19, 2018

However, that does not mean all shippers must face the challenges to ship parcel at their expense. Rather than giving up, shippers need to consider what Amazon and the big box giants have done right and apply these concepts as part of a robust parcel shipping strategy. Instead of hoping for the best, your organization needs to act.

White Paper 52

White Paper Outbound Inbound Vendor Strategies 52

GlobalTranz

NOVEMBER 7, 2017

Companies that successfully reduce workplace injuries while reducing the costs associated with those injuries see benefits to their bottom line. Not to mention, they also see workers' compensation payments decrease, medical expenses decrease, and a reduction in lost productivity. Risk Reduction. link]. . .

Modeling Software 50

Modeling Software Cost Reduction Expense Reduction Resource Reduction 50

GlobalTranz

APRIL 17, 2018

However, that does not mean all shippers must face the challenges to ship parcel at their expense. Rather than giving up, shippers need to consider what Amazon and the big box giants have done right and apply these concepts as part of a robust parcel shipping strategy. Use International Symbols for Labels.

Cost Reduction 60

Cost Reduction Material Savings Expense Reduction Negotiating Skills 60

GlobalTranz

DECEMBER 12, 2017

Typically, hardwood is more expensive yet stronger, but softwoods such as pine are readily available and ideal for kiln drying to adhere to ISPM 15 regulations. This eliminates the potential for cross-contamination and the spread of invasive species Whilst this standard is widely adopted, some countries are still in the process.

Material Savings 63

Material Savings Expense Reduction Cost Reduction Purchasing Skills 63

Parade

FEBRUARY 8, 2021

These platforms are important components to digital-first brokers AND brokerages undergoing a digital transformation, as digital freight natives like Uber Freight and Convoy are already deploying a dual capacity management strategy that taps into both in-network carriers and marketplace carriers, when the time is right. Ready to learn more?

Negotiating Skills 78

Negotiating Skills Price Reduction Expense Reduction Cost Reduction 78

Parade

FEBRUARY 8, 2021

These platforms are important components to digital-first brokers AND brokerages undergoing a digital transformation, as digital freight natives like Uber Freight and Convoy are already deploying a dual capacity management strategy that taps into both in-network carriers and marketplace carriers, when the time is right. Ready to learn more?

Negotiating Skills 78

Negotiating Skills Price Reduction Expense Reduction Cost Reduction 78

Parade

FEBRUARY 8, 2021

These platforms are important components to digital-first brokers AND brokerages undergoing a digital transformation, as digital freight natives like Uber Freight and Convoy are already deploying a dual capacity management strategy that taps into both in-network carriers and marketplace carriers, when the time is right. Ready to learn more?

Negotiating Skills 78

Negotiating Skills Price Reduction Expense Reduction Cost Reduction 78

GlobalTranz

JUNE 30, 2015

Instead, manufacturers should take advantage of millennial-desires to stay in contact, which could actually reduce company expenses for communicating between employees and managerial staff. This is not a problem for manufacturers, but it does pose the implications of how to address this sense of responsibility and entitlement.

Ordering 108

Ordering Buyer Training Logistics Network Optimization Software Expense Reduction 108

Blue Grace Logistics

NOVEMBER 10, 2023

Expedited Freight Questions Answered Show Submenu Resources The Logistics Blog® Newsroom Whitepaper Case Study Webinars Indexes Search Search BlueGrace Logistics - November 10, 2023 Whether your organization uses expedited freight shipping every day or occasionally, it pays to understand how to use these services as effectively as possible.

Logistics Network Optimization Software 116

Logistics Network Optimization Software Freight Supply Chain Planning Software Inventory Reduction 116

GlobalTranz

JUNE 14, 2018

Full truckload shipping is generally less expensive than other over the road transportation modes. Although LTL rates have remained more expensive than full truckload freight, full truckload rates are on the rise. Less-than-truckload (LTL) has more stops, touch points, and risk. It takes more time to get shipments to consumers.

Logistics Network Optimization Software 61

Logistics Network Optimization Software Expense Reduction Freight Cost Reduction 61

GlobalTranz

AUGUST 4, 2015

With that stated and clear, Mr. Waddell goes on to state how to optimize manufacturing operations with what he calls the 5 Golden Metrics of Manufacturing: There are five golden metrics that really matter: total cost, total cycle time, delivery performance, quality and safety.

Manufacturing Procurement 99

Manufacturing Procurement Procurement Analytics Optimization Software Optimization 99

GlobalTranz

DECEMBER 31, 2015

We have also now published an e-book , put out several white papers , and held several webinars. Why use a Third Party Logistics Provider and How to Implement a Successful 3PL Project. Marketing in Logistics: 4 Elements of the Market Research Phase in a Sound Digital Marketing Strategy. What are The Elements of a SWOT Analysis?

Article 59

Article Supply Chain Software Supply Chains Logistics Network Optimization Software 59

GlobalTranz

DECEMBER 10, 2014

In the 1980s, most tech geeks were still busting their brains over how to develop personal computers and entertainment consoles for the masses. While still somewhat expensive for the average consumer, communal Makerspaces and collectives have popped up over the last couple decades to pool funds and share the cost of equipment.

Manufacturing Procurement 112

Manufacturing Procurement Supply Chain Design Software Modeling Software Material Savings 112

WorkWave

MARCH 20, 2023

This post delves into the fundamentals of delivery management, a variety of solutions accessible to delivery businesses today, key components offered by these platforms, and how to decide on the correct one for your organization’s requirements as well as effective strategies for implementation.

Optimization Software 52

Optimization Software Cost Reduction Expense Reduction Resource Reduction 52

GlobalTranz

APRIL 28, 2016

Obviously, truck-related costs continue to dominate the industry’s expenses, and shippers will need to find a way to drive these costs down. The result of that management is fewer transactions, a dramatically reduced chance for errors and duplicate transactions, and more efficient processes. This sounds complex, and it is. They should!

Cost Reduction 51

Cost Reduction Resource Reduction Price Reduction Expense Reduction 51

GlobalTranz

JUNE 21, 2018

Now, imagine the back-office expenses associated with managing freight in-house. Author information Adam Robinson Adam Robinson oversees the overall marketing strategy for Cerasis including website development, social media and content marketing, trade show marketing, email campaigns, and webinar marketing.

How To 48

How To Modeling Software Logistics Network Optimization Software Purchasing Skills 48

GlobalTranz

SEPTEMBER 16, 2016

For example , if your prime business time is at Christmas, using 3PL will allow you to increase the scale of your business during this busy time period and reduce the size of your operations during the summer months. 3PL providers can help your business avoid expensive . How To Choose The Right 3PL Provider For You. .

3PL 101

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Blue Grace Logistics

OCTOBER 23, 2023

Tech That Helps Small to Mid-Size Carriers Show Submenu Resources The Logistics Blog® Newsroom Whitepaper Case Study Webinars Indexes Search Search BlueGrace Logistics - October 23, 2023 With inflation continually driving costs up and demand for freight down, experts say growth in the freight market will be modest throughout 2024.

Optimization Software 62

Optimization Software Modeling Software Logistics Network Optimization Software Cost Reduction 62