GlobalTranz

JUNE 1, 2015

Lean systems have provided a formidable operating strategy for leaders determined to achieve and maintain optimal operational systems and customer satisfaction levels. There are multiple good models for lean manufacturing operations. And, most models are applicable to any business size or integrated corporate structure.

Manufacturing Procurement 133

Manufacturing Procurement Inventory Reduction Waste Reduction Cost Reduction 133

GlobalTranz

JANUARY 23, 2015

The computerization of this data opened the door to a huge opportunity for innovations in logistics planning, from randomized storage in warehouses to optimization of inventory and truck routing. However, supply chain and logistics planning is still primarily based on the distributed models that came as the result of personal computers.

Supply Chain Planning Software 134

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

AIMMS

NOVEMBER 19, 2015

As we discussed in our recent Supply Chain webinar, this is not an easy task if you have a lot of fluctuating demand and uncertainty in your production process. Every business wants to achieve the optimal mix of customer service, smallest logistics cost and inventory carrying cost. We can get decision-making a lot more quickly.

Production 70

Production Supply Chain Planning Software Scenario Planning Optimization Modeling 70

GlobalTranz

DECEMBER 2, 2014

We wanted to bring you some quick strategies and tips that can help your holiday shipping woes or at any time of the year where you experience an increase in shipping volumes. Core carrier programs and carrier negotiations that once played a fundamental role in shippers’ cost reduction strategies no longer are sufficient.

Cost Reduction 86

Cost Reduction Price Reduction Vendor Strategies Resource Reduction 86

Blue Grace Logistics

JUNE 23, 2023

That being said, this innovative tool has been instrumental in identifying clear indicators of market fluctuations and how that intel has helped shippers prioritize business strategies. Inventory optimization. It highlights the importance of optimizing inventory management practices to ensure efficiency and avoid unnecessary costs.

Resource Reduction 90

Resource Reduction Inventory Reduction Logistics Network Optimization Software Cost Reduction 90

GlobalTranz

OCTOBER 5, 2015

Predictive capabilities and modeling to reduce costs. This leads to greater opportunities for cross-enterprise and cross-industry process innovation and optimization, which contemporaneously drives cost containment while decreasing time to market. Improve service levels. Improve quality levels in real-time.

Optimal Sourcing 111

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

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. Identifying consolidation opportunities is the key to the cost-reducing aspect of optimizations. LTL vs. Full Truckload. When to Not Ship LTL?

Optimal Sourcing 48

Optimal Sourcing Negotiating Skills Cost Reduction Supply Chain Design Software 48

GlobalTranz

APRIL 6, 2015

Analysis and optimization of complexity requires a complete understanding of market volatility, fragmented customer segments, globalization, and sustainability. With connected supply chains and new digital business models, companies needs to rethink the talent development for successful procurement operations. 5) Technology Matters.

Optimal Sourcing 118

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Manufacturing Procurement 118

GlobalTranz

SEPTEMBER 23, 2015

Thanks to data gathering programs, supply chain software , and data entry applications, this represents a mountain of data, which has the potential to provide ground-breaking insight into how to improve business-model efficiency. Big Data and Supply Chain Optimization.

Supply Chain Design Software 108

Supply Chain Design Software Supply Chain Software Supply Chain Design Procurement Analytics 108

AIMMS

NOVEMBER 19, 2015

Optimized production scheduling enables fast, profitable decision making at Nampak. As we discussed in our recent Supply Chain webinar, this is not an easy task if you have a lot of fluctuating demand and uncertainty in your production process. Any change that we do will impact our ability to deliver the optimal quantity.

Production 62

Production Supply Chain Planning Software Optimization Modeling Scenario Planning 62

GlobalTranz

SEPTEMBER 30, 2015

In manufacturing, analytics optimizes production quality , saves energy, and improves equipment service. These simulations will leverage real-time data to mirror the physical world in a virtual model. all of which IT professionals and Manufacturing CxOs must understand in order to effectively compete in the next 10-20 years.

Manufacturing Procurement 109

Manufacturing Procurement Optimization Software Modeling Software Optimal Sourcing 109

GlobalTranz

DECEMBER 8, 2016

This model has proved to be a boon for small businesses, which can run their stores with inexpensive eCommerce software and smaller warehouses, cutting down on real estate costs and other expenses. Let’s take a closer look at this contemporary business model. . Shipping Product .

eCommerce 78

eCommerce Modeling Software Distribution Optimization Software 78

GlobalTranz

SEPTEMBER 2, 2015

While conventional logistics optimizes the flow of goods from producer to consumer, reverse logistics manages the processes for inverting that flow to deal with returned parts , materials and products from the consumer back to the producer.

Reverse logistics 101

Reverse logistics Supply Chain Design Software Supply Chain Planning Software Logistics Network Optimization Software 101

GlobalTranz

NOVEMBER 15, 2016

Determining the optimal distribution network has never been more of a challenge, as shippers strive to strike a delicate balance between service and cost. The flowering of e-commerce—while welcomed by most manufacturers and distributors/retailers—has introduced far more risk and complexity for logistics managers.

Supply Chain Software 82

Supply Chain Software Logistics Network Optimization Software Modeling Software Optimization Software 82

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. billion in value by 2019.

Supply Chain Planning Software 78

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

GlobalTranz

JANUARY 28, 2015

Under this new pricing model, LTL freight classes will be determined by weight and space occupied on the truck. We’ve seen many clients use the CubiScan model , and we highly recommend checking it out if you are a higher volume shipper. Volume Optimization. Cube & Weigh each SKU to Build Orders.

Negotiating Skills 97

Negotiating Skills Price Reduction Cost Reduction Waste Reduction 97

GlobalTranz

SEPTEMBER 21, 2015

Rapid prototyping is a group of techniques used to quickly fabricate a scale model of a physical part or assembly using three-dimensional computer aided design (CAD) data. Rapid prototyping is the speedy creation of a full-scale model. The word prototype comes from the Latin words proto ( original ) and typus (model ).

Manufacturing Procurement 98

Manufacturing Procurement Video Modeling Software Optimization Software 98

AIMMS

MAY 4, 2016

Implementing an analytics strategy, and in particular implementing prescriptive analytics, can significantly improve revenues and drive down costs. Gartner recently published research that describes four main organizational models for Supply Chain COEs: Centralized Teams. A COE typically involves a dedicated team. Distributed Teams.

Supply Chain Software 67

Supply Chain Software Eliminating Excel in Purchasing Supply Chains Modeling Software 67

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

GlobalTranz

JULY 15, 2015

as: Connected, intelligent products that communicate with users, new digital business models that harness collected data to offer additional services and as-a-service products, products on the assembly line that tell shop floor machinery how they are to be processed. According to Accenture, they define Industry 4.0

Manufacturing Procurement 100

Manufacturing Procurement Digital Supply Chain Design Software Modeling Software 100

GlobalTranz

AUGUST 20, 2015

However, industry analyses consistently indicate that unless leaders in business, labor, government, and education work together to employ a comprehensive strategy that is effective in all of the following initiatives the skills gap will continue to widen, and the losses to GNP can be most reasonably predicted to escalate.

Buyer Training 104

Buyer Training Cost Reduction Resource Reduction Optimization Software 104

GlobalTranz

APRIL 1, 2016

By using big data to analyze the buying patterns of its repeat customers, the company optimized its delivery schedule and profitability, while simultaneously adopting a more lean production model. Responsive Technology #3: Reconfigurable Manufacturing Systems. Let us know in the comments below!

Modeling Software 78

Modeling Software Optimization Software Price Reduction Resource Reduction 78

GlobalTranz

NOVEMBER 9, 2015

We are digging deeper into 10 areas of strategy that shippers can employ in order to maintain a competitive advantage. Modern shipping companies have cited visibility as one of their top priorities for optimizing the supply chain. Consider Differing Fulfillment Models. For example, trade from a single port may become congested.

Supply Chain Software 95

Supply Chain Software Logistics Network Optimization Software Modeling Software Optimization Software 95

Conger

MARCH 28, 2024

This data helps in identifying areas for improvement, optimizing operations, and making data-driven decisions. Benefits of Fleet Management Operational Efficiency Businesses can implement numerous strategies to streamline workflows to enhance operational efficiency in fleet management.

Optimization Software 72

Optimization Software Optimal Sourcing Expense Reduction Cost Reduction 72

GlobalTranz

JUNE 8, 2017

The cloud-based logistics is a “pay-per-use” model. A new communication model that is in place with the cloud solution saves time and reduces costs on phone and e-mail information processing. A Better Communication Model. Values shared by Helen Birk emerge from her innate skills of work-processes optimization.

Resource Reduction 80

Resource Reduction Logistics Network Optimization Software Modeling Software Cost Reduction 80

GlobalTranz

OCTOBER 14, 2015

In today's highly competitive marketplace, it’s imperative for businesses to innovate new ways to streamline their supply chain and optimize productivity. Here are just a few ways to integrate modern supply chain technology applications into your business model and improve your supply chain management.

Supply Chain Planning Software 104

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

GlobalTranz

SEPTEMBER 19, 2017

Yet, more bulky items are moving from traditional retail to consumer direct shipping models, and consumers want speed and visibility in every stage. . Better route optimization technologies can also help reduce woes over last mile capacity, while cutting last mile costs. . Capacity reflects another problem in last mile delivery.

Cost Reduction 100

Cost Reduction Logistics Network Optimization Software Purchasing Skills Transportation 100

GlobalTranz

APRIL 18, 2016

Alternatively, this model will be applied to enhance the use of store pick up, which has been used extensively by Wal-Mart to create a comprehensive omnichannel environment. Furthermore, this model of e-commerce and omnichannel solutions has enabled Wal-Mart to optimize load consolidation processes and reduce costs across the organization.

Waste Reduction 91

Waste Reduction Cost Reduction Inventory Reduction Resource Reduction 91

GlobalTranz

FEBRUARY 13, 2017

To meet this increased demands, more manufacturing and logistics partners are looking for ways to shorten product lifecycles through improving inventory management systems, changing shipping strategies and altering the fundamental ways products move from point A to point B. Autonomous Trucks Will Drive Logistics Forward.

Resource Reduction 82

Resource Reduction Trends Inventory Reduction Material Savings 82

GlobalTranz

DECEMBER 30, 2014

5 Best Transportation Management Optimization Practices Utilizing Strategic Freight Shipping : The mantra for all transportation professionals is simple: reduce costs and increase customer satisfaction levels. Read the Full Blog Post. However, market forces such as higher fuel costs and decreased capacity work to undermine these goals.

Blog 92

Blog Supply Chain Planning Software Modeling Software Expense Reduction 92

Blue Grace Logistics

JULY 27, 2021

We explore how predictive analytics and big data with human sentiments can add value and amplify their supply chain strategies. The importance of machine learning and intelligence combined with human touch for optimized decision making. Predictive analytics allows for simulation testing and provides an opportunity to optimize plans.

Procurement Analytics 62

Procurement Analytics Supply Chain Planning Software Supply Chain Software Supply Chain Design Software 62

GlobalTranz

JANUARY 4, 2016

Businesses cannot unlock the full potential of digital without reinventing their supply chain strategy. For digital technology to create significant improvement in business outcomes, businesses need to: Reinvent their supply chain strategy. Develop digital strategies that allow you to proactively evolve ahead of the competition.

Supply Chain Planning Software 91

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 91

Penske Move Ahead

APRIL 29, 2020

Penske Logistics senior vice president of global sales Joe Carlier will join a panel of experts in a May 21 webinar hosted by the Council of Supply Chain Management Professionals ( CSCMP ) on the 2020 Third-Party Logistics Study. Please click here to register. How analytics fit into the supply chain. By "Move Ahead" Staff.

Supply Chain Planning Software 34

Supply Chain Planning Software Study Supply Chain Software Logistics Network Optimization Software 34

GlobalTranz

JULY 20, 2015

While conventional logistics optimizes the flow of goods from producer to consumer, reverse logistics manages the processes for inverting that flow to deal with returned parts, materials and products from the consumer back to the producer. Schedule a demo today !

Reverse logistics 105

Reverse logistics Supply Chain Planning Software Optimization Software Modeling Software 105

GlobalTranz

JANUARY 5, 2017

Now we dive a bit deeper with incentives, gain sharing, should-cost models, and governance in warehousing contracts. Reducing transportation costs by using the optimization of lanes and routes in the transportation management system (TMS). Should-Cost Models in Warehousing Contracts. 3PL Answer 3. KPIs Question 1. 3PL Answer 1.

Cost Reduction 66

Cost Reduction Price Reduction Warehousing Waste Reduction 66

Blue Grace Logistics

SEPTEMBER 18, 2023

Today, digital transformation is not just a recommended business model, it’s the lynchpin that governs the survival of a company in the highly competitive market. They are cornerstones to enable modern business models, simplifying the way to do business for customers and organizations.

Supply Chain Planning Software 62

Supply Chain Planning Software Supply Chain Software Digital Supply Chains 62

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. billion in value by 2019.

Supply Chain Planning Software 62

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