Logistics Viewpoints

APRIL 6, 2023

By working closely with suppliers, organizations can improve the quality and reliability of their in-bound supply chains, reduce costs, and increase their overall efficiency. The costs associated with purchasing these items hit the “operational expenses” components of the company’s financial statements.

Optimal Sourcing 98

Optimal Sourcing Manufacturing Procurement Sourcing Strategies Procurement Analytics 98

Blue Grace Logistics

AUGUST 7, 2024

Precision in Fulfillment – Possible 28% Reduction in Fulfillment Errors Order-level management allows businesses to streamline their fulfillment processes. Accurate order fulfillment is the foundation of a successful logistics strategy , and it forms the basis for reliable cost to serve calculations. #2.

Cost Reduction 117

Cost Reduction Expense Reduction Resource Reduction Ordering 117

GlobalTranz

MAY 3, 2018

Cerasis invites you to register for the “5 Parcel Shipping Trends to Optimize Shipping & Reduce Costs” Webinar on May 23rd, 2018 a 10 AM CST. Please register for 5 Parcel Shipping Trends to Optimize Shipping & Reduce Costs on May 23 , 2018 10:00 AM CDT by clicking the button below.

Cost Reduction 48

Cost Reduction Expense Reduction Webinar Optimization Software 48

Logistics Viewpoints

JUNE 29, 2023

Configure to Order: This strategy involves customizing standard products based on customer specifications. Here is a summary of the key supply chain characteristics of each of the manufacturing strategy and how it impacts collaboration with suppliers.

Manufacturing Procurement 105

Manufacturing Procurement Procurement Analytics Inventory Reduction Material Savings 105

GlobalTranz

JANUARY 3, 2018

However, a third-party logistics provider (3PL) can help shippers persevere through the tough times with these capacity crunch strategies. . As explained by Edward Hildebrandt via Talking Logistics With Adrian Gonzalez , a strong carrier network is the cornerstone of shipping capacity crunch strategies.

Expense Reduction 73

Expense Reduction Resource Reduction Cost Reduction Capacity 73

Logistics Bureau

JANUARY 19, 2016

On occasion though, some supply chain companies’ cost reduction efforts get taken too far, especially when ambitious initiatives are embarked upon, intended to significantly reduce operational costs. Some supply chain companies’ cost reduction efforts have been based on employing a “lean strategy”.

Cost Reduction 40

Cost Reduction Waste Reduction Expense Reduction Inventory Reduction 40

GlobalTranz

OCTOBER 16, 2015

So we thought we would impart upon all the shippers out there some tips on how to reduce overall costs for effective LTL Procurement. 10 LTL Procurement Cost Cutting Tips. LTL procurement is something we do very well. BONUS : Download the Guide To LTL Freight Mangement White Paper. Carefully select RFP questions.

Negotiating Skills 90

Negotiating Skills Price Reduction Optimal Sourcing Cost Reduction 90

GlobalTranz

DECEMBER 12, 2016

That kind of expertise rarely comes cheap, and by reshoring, you can eliminate the need for such a refined level of international business expertise. . Getting finished products from point A to point B is a massive expensive of outsourcing manufacturing. By bringing manufacturing back to the U.S. , Save on Logistics .

Expense Reduction 92

Expense Reduction Cost Reduction Waste Reduction Price Reduction 92

SYSPRO Smarter ERP

MARCH 20, 2024

For manufacturers, having the right business intelligence on hand at the right time can eliminate the guesswork from decision making, offering real-time visibility into business processes so you can anticipate your next move. Eliminate reporting inconsistencies and data redundancy. Reduce data warehousing costs. Scarce manpower.

Manufacturing Procurement 105

Manufacturing Procurement Optimal Sourcing Expense Reduction Cost Reduction 105

SYSPRO Smarter ERP

FEBRUARY 22, 2024

An ERP system that incorporates a cutting-edge warehouse management system (WMS) can help you optimize processes, streamline workflows and decrease errors. Using alphanumeric logic can help you optimize simple picking strategies without having to implement a full-blown warehouse solution or warehouse mapping solution.

Manufacturing Procurement 116

Manufacturing Procurement Inventory Reduction Expense Reduction Waste Reduction 116

GlobalTranz

JUNE 23, 2015

manufacturers hurried to produce off-shore, believing significant cost reductions and huge profits would follow. Some of those risks and consequences tend to go away or are reduced, offered by Burton and others, make reshoring increasingly attractive: Obscure costs of outsourcing can range from nominal expense up to 300% of production cost.

Cost Reduction 104

Cost Reduction Expense Reduction Inventory Reduction Material Savings 104

GlobalTranz

DECEMBER 12, 2014

But let’s start with Cost Savings anyway: Expenses associated with paper, printing, reproduction, storage, filing, postage and document retrieval are all reduced or eliminated when you switch to transportation EDI transactions, lowering your transaction costs by at least 35%. for an order processed using EDI.

Cost Reduction 98

Cost Reduction Waste Reduction Expense Reduction Inventory Reduction 98

GlobalTranz

SEPTEMBER 8, 2015

For example, the carrier may need to know how to handle delicate items, manage private and rented fleets, budget expenses, conduct international trade, ensure compliance to regulations, maintain safety, and make sure all KPIs align across the manufacturer-to-delivery route. Shipping Strategy. The answer is your business strategy.

Cost Reduction 93

Cost Reduction Expense Reduction Supply Chain Planning Software Optimization Software 93

GlobalTranz

SEPTEMBER 29, 2015

Choosing Your Freight Shipping Strategy with e-commerce. Developing Your Reverse Logistics Strategy 
. Shipping items to their destination can become very expensive, and managing supply chains and logistics involved in E-Commerce has often been difficult. The Big Benefits of E-Commerce In Manufacturing.

White Paper 100

White Paper Supply Chain Software Supply Chains Expense Reduction 100

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

GlobalTranz

OCTOBER 14, 2015

Technology can help to simplify your supply chain management, which will enable your business to operate more efficiently, give you more visibility and control over your inventory, and help to reduce your operational costs. Computerized Shipping and Tracking. Radio frequency identification (RFID) has become one of the megatrends in logistics.

Supply Chain Planning Software 104

Supply Chain Planning Software Supply Chain Software Supply Chain Technology Sourcing Strategies 104

GlobalTranz

OCTOBER 9, 2015

One of the biggest challenges facing automotive, aerospace and defense manufacturers is the limited shapes a part can be cut, molded or welded in. AM cost centers are currently more expensive than traditional CNC machining, and the production rate is slower once you move past the rapid prototyping phase. Source CIO.com.

Manufacturing Procurement 125

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

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. Increasing order efficiency. Demand forecasts. The quantity of each product.

Supply Chain Design Software 115

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

GlobalTranz

DECEMBER 30, 2014

Talk to any over-the-road shipper that finds itself increasingly handcuffed by institutionalized transportation and fuel-related costs and it would likely tell you the “best job possible” doesn’t cut it anymore. To add insult to injury, they also rarely have reporting mechanisms to properly monitor those expenses.

Blog 92

Blog Supply Chain Planning Software Modeling Software Expense Reduction 92

SYSPRO Smarter ERP

JULY 28, 2022

Consider the cost of supplies such as printers, photocopiers, fax machines, toner cartridges (why are these so expensive?), Reduced efficiency. Cut down on costs. Switching from physical document storage to a digital DMS can seriously reduce costs for printers, ink, postage and extra person hours.

Manufacturing Procurement 111

Manufacturing Procurement Document Distribution Waste Reduction 111

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

DECEMBER 21, 2016

Today, warehouse managers have a wide array of technologies to choose from as they strive to reduce costs, improve efficiency and streamline operations. Benefits of Warehouse Robotics: Reduced operational and labor costs. Reduced safety incidents. Improved productivity. Higher order accuracy. Faster cycle times.

Supply Chain Design Software 105

Supply Chain Design Software Supply Chain Planning Software Optimization Software Supply Chain Software 105

Blue Grace Logistics

FEBRUARY 29, 2024

Webinars Show Submenu Resources The Logistics Blog® Newsroom Whitepaper Case Study Webinars Indexes Search Search Adam White - February 29, 2024 LinkedIn Live Webinar On-Demand: Transportation Cost: The impacts & how to gain visibility to the right data What’s the Topic?

Cost Reduction 62

Cost Reduction Expense Reduction Resource Reduction Data 62

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 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. Nearly all pallet dimensioning systems use multiple sensors to reduce or eliminate “shadowing” (i.e., But shipping by air is also more expensive. 29 and Jan.

Negotiating Skills 97

Negotiating Skills Price Reduction Cost Reduction Waste Reduction 97

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.

Supply Chain Planning Software 100

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

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

JULY 6, 2015

However, robotics could eliminate any of these manufacturer concerns as the technologies become more widely used, affordable, and available. Robots have the potential to create a limitless workforce that does not have additional expenses on a company. Robotics also impact the efficiency and analysis of supply chain processes.

Manufacturing Procurement 110

Manufacturing Procurement Logistics Network Optimization Software Expense Reduction Sourcing Strategies 110

GlobalTranz

JANUARY 5, 2017

Some incentives are reducing UNIT PRICING. Reducing absolute quantities required. Reducing transportation costs by using the optimization of lanes and routes in the transportation management system (TMS). Should gain share be eliminated and moved to a different incentive? This is less expensive. 3PL Answer 3.

Cost Reduction 66

Cost Reduction Price Reduction Warehousing Waste Reduction 66

GlobalTranz

FEBRUARY 16, 2015

The transportation best practice of employing a TMS solution cuts time and costs, which is what every shipping manager is looking to achieve. Automation also eliminates human errors, which often result in bad decisions. Today a transport management system (TMS) is no longer the clunky and expensive dinosaurs they used to be.

Expense Reduction 91

Expense Reduction Cost Reduction Transportation Negotiating Skills 91

GlobalTranz

MAY 26, 2017

In this capacity, 3PLs have worked to improve a company’s expenses for logistics, but the renewed focus on customer service means the role of the 3PL must extend beyond traditional goals, building business strategy. Alight shipping strategy with retail strategy. Shippers need a strategy for customer service.

Cost Reduction 66

Cost Reduction Expense Reduction Material Savings Logistics Network Optimization Software 66

GlobalTranz

FEBRUARY 17, 2015

Until recently, the main aim of TMS was to help shippers increase efficiency and cut transportation costs by allowing them to choose modes and manage transportation orders. With cloud-based TMS, shipping companies no longer need to have expensive servers and a team of dedicated staff.

Optimization Software 97

Optimization Software Cost Reduction Expense Reduction Inventory Reduction 97

GlobalTranz

MARCH 9, 2015

The costs of logistics and inventory are decreasing, contract renewal rate for logistics outsourcing remains good, and the emergence of cutting-edge technologies like 3D printing, drone delivery and augmented reality is opening up a wide vista of opportunities. Similarly, driverless vehicles will cut the costs associated with the driver.

Outsourcing 96

Outsourcing Logistics Network Optimization Software Supply Chain Design Software Optimization Software 96

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

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