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. Predictive Analytics Became Commonplace to Manufacturing. Clearly, the IoT has caught on much faster than experts could have hypothesized.

Manufacturing Procurement 82

Manufacturing Procurement Procurement Analytics Expense Reduction Material Savings 82

GlobalTranz

JUNE 19, 2018

Unfortunately, the use of full truckload shipments and expenditures have hit an all-time high, reports Kate Patrick of Supply Chain Dive. Decreasing capacity and increasing full truckload rates are expected to increase throughout 2018, reports Freight Waves. Conducting annual procurement exercises. Download eBook.

Procurement Solutions 70

Procurement Solutions Procurement Analytics Procurement Capacity 70

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. What this blog is about: Leveraging predictive analytics for forecasting and visibility. It is certainly harder to run an enterprise without forecasts or with incorrect future predictions.

Procurement Analytics 62

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

GlobalTranz

NOVEMBER 29, 2016

Editor's Note: Today's blog is the second part of Chuck Intrieri's series on how procurement and suppliers can avoid issues with their contracts. Procurement and suppliers often assume that small print is highly complicated legal jargon that is both boring and largely irrelevant. How to Begin Your Terms.

Procurement Analytics 84

Procurement Analytics Manufacturing Procurement Procurement Document 84

GlobalTranz

JULY 10, 2015

On June 23, 2015, the Council of Supply Chain Management Professionals ( CSCMP ) released the “State of Logistics Report,” which happens to be in its 26 th year. For members of the CSCMP , the cost of the report is free, but it stands out at $295.00 The overall cost of the logistics industry has grown, but it fell by 0.1

Procurement Analytics 102

Procurement Analytics Cost Reduction Purchasing Skills Price Reduction 102

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. Transportation modes used in procurement and shipping.

Supply Chain Design Software 115

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

GlobalTranz

JANUARY 10, 2017

From artificial intelligence to refocusing on procurement, the state of supply chain continued to explode throughout 2016, and you need to understand why. A 2016 Accenture survey, reports RF Gen , explained how more companies are taking advantage of AI benefits through linked supply chains. The State of Supply Chain 2016 Trends.

Manufacturing Procurement 65

Manufacturing Procurement Optimal Sourcing Procurement Analytics Procurement Solutions 65

GlobalTranz

OCTOBER 2, 2017

Shippers need to reevaluate their existing last mile logistics processes and devise an effective last mile logistics strategy that aligns consumer and business expectation. In fact, an effective last mile logistics strategy must consider these nine key points. Planning Is Essential To Have an Effective Last Mile Logistics Strategy.

Inventory Reduction 145

Inventory Reduction Cost Reduction Strategy Logistics Network Optimization Software 145

GlobalTranz

MARCH 7, 2016

Through the use of connected devices and greater abilities to capture data in real time, the concept of end-to-end visibility and improvement thru the use of supply chain analytics has changed. What Do Supply Chain Analytics Have to Do With This Ability?

Procurement Analytics 61

Procurement Analytics Supply Chain Planning Software Supply Chain Software Supply Chains 61

GlobalTranz

FEBRUARY 19, 2016

As time passed, procurement gradually gained a larger role in the scope of manufacturing and order fulfillment. By the mid-1950s , procurement had become a commonplace aspect of minor business, and procurement was almost comparable to secretarial work. Why Is Technology Driving Procurement Trends and the Role of Procurement?

Manufacturing Procurement 56

Manufacturing Procurement Optimal Sourcing Procurement Analytics Procurement Solutions 56

GlobalTranz

FEBRUARY 6, 2017

Amazon’s purchase of Kiva Robots changed the landscape of robotics in the supply chain. Technology Will Reshape Procurement Practices. Better procurement practices translate into better overall sales, but the role of procurement in driving sales’ statistics will change throughout 2017. Robotics Will Grow More Versatile.

Supply Chain Planning Software 73

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

GlobalTranz

APRIL 8, 2015

Although the availability of supply chain data is increasing by a factor of 10x each year, a large quantity of data alone provides limited value for business analytics. Even with the use of algorithms, business analytics must remain collaborative. This process is referred to as ‘data cleansing.’.

Data 98

Data Procurement Analytics Price Reduction Supply Chain Software 98

GlobalTranz

MAY 1, 2018

Since this trend isn’t likely to change anytime soon, shippers who can contain the cost of shipping by maximizing efficiency and optimization throughout their shipping network will be on firm ground heading into the future. Data-driven analytics enables you to make cost-effective transportation decisions.

Procurement Analytics 61

Procurement Analytics Optimal Sourcing Data Sourcing Strategies 61

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. enhanced flexibility to accommodate variables in customers’ purchasing patterns.

Manufacturing Procurement 133

Manufacturing Procurement Inventory Reduction Waste Reduction Cost Reduction 133

GlobalTranz

DECEMBER 29, 2014

The Ultimate Guide for Effective LTL Freight Management : we put on a 60 minute webinar entitled, “Best Practices for Effective LTL Freight Management and Shipping.” We had a great turnout with over 250 logistics managers, supply chain officers, and those in the transportation world registering and attending the webinar.

Blog 97

Blog Logistics Network Optimization Software Manufacturing Procurement Reverse logistics 97

GlobalTranz

AUGUST 18, 2015

Companies based on assets have had years of experience in purchasing trucks and managing warehouse inventories. What Data Analytics and Business Process Strategy Services Are Offered? Shippers report capacity as their top concern for selecting a 3PL service provider, specifically 65 percent of surveyed shippers.

Logistics Network Optimization Software 96

Logistics Network Optimization Software Procurement Analytics Inventory Reduction Supply Chain Software 96

GlobalTranz

MARCH 24, 2015

Given that our proprietary TMS, the Cerasis Rater , provides multiple reports, giving our shippers’ many insights, this post is quite appropriate, just like getting the data that is meaningful , in order to make the best decisions for your business possible. . Driver wages represent 26% of costs. On-time pickups.

Purchasing Skills 94

Purchasing Skills Cost Reduction Analysis Procurement Analytics 94

GlobalTranz

NOVEMBER 21, 2017

Some supply chain companies are leaning on the power of analytics to help streamline their processes and get ahead of their competitors. But many companies have struggled to embrace the relationship between using analytics and implementing changes that can improve business performance. The simpler the model, the more likely the use.

Supply Chain Software 69

Supply Chain Software Procurement Analytics Supply Chains Data 69

GlobalTranz

FEBRUARY 13, 2017

According to PLS Logistics , global companies will install procurement managers in China for entire organizations by 2025. There was a time when buying a computer was considered a once-in-a-decade purchase, if not once-in-a-lifetime. Amazon understands the value of an easy-to-use reverse logistics strategy.

Resource Reduction 82

Resource Reduction Trends Inventory Reduction Material Savings 82

GlobalTranz

MAY 21, 2018

Shippers large and small need to look more closely at parcel transportation costs as a step in preserving margins. Increasingly, they are turning to enterprise parcel shipping software with parcel shipping analytics. 5 Parcel Shipping Trends to Optimize Shipping & Reduce Costs. Register For The Webinar.

Cost Reduction 48

Cost Reduction Procurement Analytics Negotiating Skills Purchasing Skills 48

GlobalTranz

DECEMBER 30, 2014

Transportation Metrics That Matter Most to Track and Improve Performance : How do you measure logistics efficiency and transportation metrics performance indicators when you are already doing the best job possible? 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

GlobalTranz

JULY 31, 2015

This report, available for purchase here , poised some significant implications for the shipping, and by direct correlation, the logistics industry. Furthermore, data analytics can provide specific ways to enhance the overall productivity and efficiency of the shipping industry. Do not let this report result in your demise.

Freight 124

Freight Procurement Analytics Purchasing Skills Cost Reduction 124

Conger

MARCH 28, 2024

Data Analytics This involves the collection of data reports from various fleet performance metrics, such as vehicle utilization, fuel consumption, and maintenance costs. Route planning is another strategy that reduces mileage and fuel consumption while boosting productivity.

Optimization Software 72

Optimization Software Optimal Sourcing Expense Reduction Cost Reduction 72

Blue Grace Logistics

OCTOBER 14, 2020

With this same principle applied there cannot be one standard transportation budget methodology applied while planning for 2021 The ability to respond to these challenges will determine the future strategies required in 2021 to ensure recovery and possible profitable performance. Predictive Analytics.

Resource Reduction 62

Resource Reduction Negotiating Skills Cost Reduction Supply Chain Planning Software 62

GlobalTranz

OCTOBER 13, 2017

Among millennials, consumers are willing to pay a premium up to 30-percent more for same-day delivery, reports McKinsey & Company , with an overwhelming majority willing to pay extra for guaranteed delivery, as shown below: Paired with the sudden spike in parcel delivery, last mile delivery will continue to grow 10-percent annually.

Trends 81

Trends Procurement Analytics Logistics Network Optimization Software Supply Chain Software 81

GlobalTranz

SEPTEMBER 8, 2015

As technology extends further into the shipping space, it will become an integral part of keeping costs low and customers pleased. Shipping Strategy. The answer is your business strategy. Monitoring of Key Performance Indicators and Reporting. Detailed reports are useless if they do not lead to improvements.

Cost Reduction 93

Cost Reduction Expense Reduction Supply Chain Planning Software Optimization Software 93

GlobalTranz

MAY 2, 2017

Meanwhile, failure to notify consumers about out-of-stock items during purchase could result in the permanent loss of a customer. For example, consumers can purchase products online from one Walmart store and pick them up at a different location within a day or two. Real-Time Inventory Management Can Benefit From Automation.

Inventory Reduction 48

Inventory Reduction Inventory Procurement Analytics Vendor Strategies 48

GlobalTranz

JANUARY 22, 2018

billion in 2018 alone, reports Michael Kotelec of Manufacturing.net , and this will bring a strong, robust boost to efficiency and productivity in manufacturing. Adoption of Analytics Will Increase. The advancement toward analytics will also increase as platform-based companies and services go mainstream.

Manufacturing Procurement 79

Manufacturing Procurement Supply Chain Software Trends Procurement Analytics 79

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

GlobalTranz

OCTOBER 14, 2015

In fact, over 70 percent of all Fortune 500 companies rely on social media as part of their marketing strategy and supply chain management. Social media can be used to interact with customers, respond to questions, report accidents or weather conditions that may impede delivery schedules, and create automated updates about your inventory.

Supply Chain Planning Software 104

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

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

MARCH 4, 2015

We are lucky to also feature the great supply chain of Staples, who recently purchased Office Depot. The program has evolved into one of national prominence with recent rankings by leading organizations and mediums including Gartner (2014 and 2011), US News & World Report (2012) and Bloomberg Business Week (2011).

Supply Chain Planning Software 94

Supply Chain Planning Software Supply Chains Collaboration Inventory Reduction 94

GlobalTranz

DECEMBER 7, 2015

A recent report by Frost & Sullivan, “The Future of Parts and Service Retailing in the Automotive Aftermarket” , predicts that by 2025, 10 to 15 percent of all global parts sales will be made online. Advanced Analytics Continue to Get a Bigger Plate at the Manufacturing Dinner Table. Increasing Equipment Uptime.

Manufacturing Procurement 81

Manufacturing Procurement Trends Supply Chain Design Software Supply Chain Planning Software 81

GlobalTranz

MAY 15, 2015

This report is crucial in determining the direction in which the distribution business is headed. This year the trend continues, as 83% of the surveyed group reports as MRO (maintenance, repair, and operations) carriers. 37% of operations report a Midwest base, and 21% headquarter in the Northeast. The Balance Sheet.

Survey 96

Survey Distribution Operations Price Reduction 96

GlobalTranz

JULY 8, 2015

And at the end, check out a nice infographic speaking more to reverse logistics strategies and practices. Cost Management. Reverse Logistics allows businesses to recoup a portion of the original purchase price of this equipment. In many cases, the rationale behind this response remains in-house RLS (Reverse Logistics Strategy).

Reverse logistics 110

Reverse logistics Material Savings Cost Reduction Logistics Network Optimization Software 110

GlobalTranz

JUNE 18, 2015

So, many suppliers utilize outside logistics management to ensure customers remain fully satisfied and continue to repeat purchasing. Companies that integrate reverse logistics systems into their logistics systems distinguish themselves from competitors in: effective management of inventory availability and cost. customer satisfaction.

Reverse logistics 103

Reverse logistics Optimization Software Logistics Network Optimization Software Transportation 103

GlobalTranz

JANUARY 23, 2018

Digital technologies are becoming more prevalent in basic supply chain functions, and changes in legislation are likely to spur dramatic changes that will result in the need to reevaluate supply chain strategy in both domestic and international locations. Service Supply Chains Will Dominant the Market.

Supply Chain Software 76

Supply Chain Software Supply Chains Trends Logistics Network Optimization Software 76