GlobalTranz

MAY 1, 2015

Truckload rates are set to increase 12 to 18 percent to offset this additional cost. This will mitigate any additional costs incurred by the change. Positions requiring skilled employees that are invested in the success of a company are a valuable commodity. Better wages attract more and better-skilled employees.

Supply Chain Software 98

Supply Chain Software Purchasing Skills Supply Chains Optimal Sourcing 98

GlobalTranz

FEBRUARY 6, 2015

manufacturers — also known as reshoring — to obtain goods faster and at lower costs than foreign suppliers can offer. Moreover, “Made in the USA” tags can win over domestic customers who want to feel good about their purchases. soil and the majority of total manufacturing costs be spent on U.S. Complying with FTC Rules.

Manufacturing Procurement 99

Manufacturing Procurement Purchasing Skills Cost Reduction Logistics Network Optimization Software 99

GlobalTranz

AUGUST 7, 2015

By expediting the source of supplies in tandem with customer orders, faster service is provided with less expense. Even the best manager can’t keep up with all sources of supplies, much less which supplies currently have the best prices along with their locations and shipping speeds while staying abreast of standard needs and special orders.

Procurement Analytics 98

Procurement Analytics Supply Chain Software Purchasing Skills Supply Chains 98

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

Logistics Business Magazine

AUGUST 12, 2021

In a thoughtful webinar today digital freight forwarder Zencargo co-Founder, Richard Fattal, and Bis Henderson ‘s Louisa Hosegood debated the unprecedented pressures in the global supply chain this year and how they jeopardise retailer’s profitability. They are evaluating purchasing needs and ethical choices. Own the total.

Supply Chains 67

Supply Chains Purchasing Skills Sourcing Strategies Price Reduction 67

GlobalTranz

MAY 13, 2015

Walmart would not have the ability to provide such low prices and have consistent inventory in the over 5,000 stores in the United States and over 1.3 “The net true cost considers issues such as waste-to-landfill, greenhouse gas emissions, economic mobility, worker safety and food safety. .” Decades in the Making.

Supply Chain Planning Software 115

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 115

GlobalTranz

JUNE 16, 2015

Furthermore, innovation has replaced previous expectations and practices of reducing prices and focusing on reducing the consumers’ costs. This occurs as more consumers have sought out ways to purchase goods or services online due to increasingly chaotic and intensive work schedules or inability to reach your business due to location.

Manufacturing Procurement 101

Manufacturing Procurement Purchasing Skills Price Reduction Supply Chain Design Software 101

GlobalTranz

SEPTEMBER 19, 2017

On the surface, last mile may not seem very important, but it can make up 28 percent of a shipments total cost. Last mile logistics allow shippers to get more products to consumers faster and cost-effectively, critical concerns in the e-commerce and omnichannel supply chain. There are growing pains in last mile logistics.

Cost Reduction 100

Cost Reduction Logistics Network Optimization Software Purchasing Skills Transportation 100

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 programs that emphasize rapid, or low-cost implementation. Overhead costs are excessive (due to systemic disorder). cuts purchasing costs.

Manufacturing Procurement 133

Manufacturing Procurement Inventory Reduction Waste Reduction Cost Reduction 133

GlobalTranz

AUGUST 3, 2015

You may opt to organize your business into an independent third-party logistics provider (3PL), or you may want to purchase software for tracking, monitoring, and processing all of your needs. However, you must factor in the cost of purchasing an ERP system and compare it to the cost of purchasing an individual TMS , or SCM system.

Supply Chain Design Software 97

Supply Chain Design Software Supply Chain Software Procurement Solutions Logistics Network Optimization Software 97

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. Source: Morai Logistics. Source: SupplyChainOpz.com. Check out the infographic below for all the facts!

Supply Chain Planning Software 104

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

Logistics Viewpoints

NOVEMBER 21, 2022

Because of the food giant’s size, their sustainability strategy also is very broad. The company is using Blue Yonder for transportation management, Coupa’s Supply Chain Guru for network design, and FourKites ( see the webinar ) for transportation visibility in certain regions or departments to help with this.

Food and Agriculture 123

Food and Agriculture Supply Chain Planning Software Supply Chain Design Software Purchasing Skills 123

GlobalTranz

FEBRUARY 13, 2015

Lured by the promise of cheaper labor ( which is starting to not be the case ), companies are blind to the tactical costs of manufacturing overseas. White Paper: Hidden Risks and Costs in an Offshore Supply Chain. Despite these and other hidden costs, offshore manufacturing has become a fact of life. Know the pain points.

White Paper 94

White Paper Supply Chain Planning Software Supply Chain Design Software Supply Chain Design 94

GlobalTranz

MARCH 8, 2016

Now, you would think the other larger package is going to incur the higher shipping cost. So how does this change with LTL dimensional pricing? . Essentially, smaller packages should have lower shipping costs than larger packages in LTL shipping, and DIM pricing enables this ideal. Myths of LTL Dimensional Pricing.

Purchasing Skills 52

Purchasing Skills Price Reduction Packaging Cost Reduction 52

GlobalTranz

JULY 8, 2015

While businesses want to believe moving forward through selling product is the only way to achieve success, reality tells of customer returns, environmental considerations for equipment recycling and reuse, cost management, and the effective management of all the aspects between the three. Cost Management.

Reverse logistics 110

Reverse logistics Material Savings Cost Reduction Logistics Network Optimization Software 110

GlobalTranz

FEBRUARY 12, 2018

On this position, you’d be managing all activities for purchasing raw materials, delivering them to the right point across the organization, making sure the organization is producing enough supply to meet the demand of the audience, and deliver the product to the right place at the right time. Impressive Communication Skills.

Supply Chain Planning Software 70

Supply Chain Planning Software Supply Chain Software Negotiating Skills Supply Chains 70

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. Distribution of goods prior to purchase. Increasing order efficiency.

Supply Chain Design Software 115

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

GlobalTranz

AUGUST 31, 2015

A Cloud-based supply chain management solution has several advantages over the traditional model of manual inventory analysis combined with local area purchasing. The wide market offered by Cloud-based supply chain management technology creates a highly competitive environment where the service user wins in terms of both features and cost.

Supply Chain Design Software 103

Supply Chain Design Software Supply Chain Software Supply Chain Design Supply Chains 103

GlobalTranz

MAY 12, 2015

Traditional segmentation strategies no longer work in a world characterized by complexity and constant change. Armed with industry knowledge, technology savvy, and purchasing power, customers control the sales cycle. Now new markets are flexing their purchasing muscle. billion individuals join the consuming class.

Manufacturing Procurement 97

Manufacturing Procurement Modeling Software Supply Chain Planning Software Digital 97

GlobalTranz

JULY 10, 2015

For members of the CSCMP , the cost of the report is free, but it stands out at $295.00 Some of the key points within the State of Logistics Report include the cost of logistics in the US, managing capacity, and addressing the trucker shortage. Cost of Logistics as Percentage of GDP from Logistics Management. for everyone else.

Procurement Analytics 102

Procurement Analytics Cost Reduction Purchasing Skills Price Reduction 102

GlobalTranz

SEPTEMBER 22, 2016

According to Paul Myerson , reports Industry Week, up 70 percent of a company’s costs come from procurement and logistics operations. This is a simple concept that works to entice people to learn more about the supply chain and how goods are purchased and transformed into final products. This is the demand-driven supply chain.

Manufacturing Procurement 108

Manufacturing Procurement Procurement Analytics Procurement Solutions Optimal Sourcing 108

GlobalTranz

AUGUST 19, 2016

Many of the new entrants have unique USPs (Unique Selling Point) and effective marketing strategies planned out; however to compete they have to focus on the core strengths of what makes an e-commerce successful. The shipping cost and e-commerce logistics efficiency can make or break an e-store. You set up your own team.

Cost Reduction 51

Cost Reduction Price Reduction Resource Reduction Efficiency 51

GlobalTranz

DECEMBER 29, 2014

Top 3 Benefits of a Reverse Logistics Management Program: As shippers strive to wring every cent out of their logistics costs, they’re increasingly taking a hard look at their reverse logistics management practices. Below you can download the LTL Freight Management presentation with notes and also view the webinar in its entirety.

Blog 97

Blog Logistics Network Optimization Software Manufacturing Procurement Reverse logistics 97

GlobalTranz

JULY 28, 2015

However, the overall cost of shipping through LTL modes will increase between three and four percent in the next few years. LTL Cost Increase From the Driver Perspective. LTL Management Cost Increase From the Consumer Perspective. He expects the LTL sector to decrease somewhat as other modes of transport remain low.

Purchasing Skills 97

Purchasing Skills Manufacturing Procurement Negotiating Skills Cost Reduction 97

GlobalTranz

MAY 21, 2018

It’s Time To Take A Closer Look At Your Parcel Shipping Costs eCommerce is driving the demand for smaller, more frequent last-mile deliveries. Shippers large and small need to look more closely at parcel transportation costs as a step in preserving margins. 5 Parcel Shipping Trends to Optimize Shipping & Reduce Costs.

Cost Reduction 48

Cost Reduction Procurement Analytics Negotiating Skills Purchasing Skills 48

GlobalTranz

JULY 31, 2015

This report, available for purchase here , poised some significant implications for the shipping, and by direct correlation, the logistics industry. Part of the significant freight increases derive from associated transportation costs through increased use of pipelines, which will increase 10.6 Freight Transportation Forecast to 2026.

Freight 124

Freight Procurement Analytics Purchasing Skills Cost Reduction 124

GlobalTranz

AUGUST 5, 2015

However, you must also consider if the cost of denying the return will cause permanent harm to the buyer-seller relationship. For example, a return of $100 on a single item easily outweighs the cost of losing $10,000 worth of orders. Verify the existence of the purchase order. Verify the terms of the return contract.

Resource Reduction 90

Resource Reduction Vendor Strategies Reverse logistics Cost Reduction 90

GlobalTranz

JUNE 18, 2015

However, forward logistics management skills (involving original production and distribution of new products) may scarcely apply to reverse processes of moving products from buyers’ locations in order to recover remaining value or appropriately dispose of items. Effective Cost Management Driven By Reverse Logistics Systems.

Reverse logistics 103

Reverse logistics Optimization Software Logistics Network Optimization Software Transportation 103

Conger

MARCH 28, 2024

MaaS can lead to cost-minimization of transport services like public transportation, rental, and sharing offerings. Data Analytics This involves the collection of data reports from various fleet performance metrics, such as vehicle utilization, fuel consumption, and maintenance costs.

Optimization Software 72

Optimization Software Optimal Sourcing Expense Reduction Cost Reduction 72

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 102

Outsourcing Optimal Sourcing Supply Chain Software Cost Reduction 102

GlobalTranz

DECEMBER 7, 2016

Meanwhile, the majority of purchasers research potential products online before making a decision to buy. Mostly, this goes back to finding the best product possible at the lowest possible price. . Pricing Models Are Subject to the “Amazon Standard.”. Pricing models are changing as well.

Manufacturing Procurement 87

Manufacturing Procurement Modeling Software Logistics Network Optimization Software Price Reduction 87

GlobalTranz

APRIL 8, 2015

Luckily, today’s “automated algorithms can identify patterns and provide insights” into carrier safety, pricing trends, carrier capabilities, and innovation. Despite all the data collected, it only becomes useful when businesses use data to drive purchasing behavior and improve processes.

Data 98

Data Procurement Analytics Price Reduction Supply Chain Software 98

GlobalTranz

SEPTEMBER 23, 2015

Big data is collected from a variety of sources, such as internet websites, transportation management systems, individual-employee data entry, and more. 55% more efficient process in the cost to serve consumers, which infers the cost of a single order fulfillment, decreased per transaction. Customer Expectations.

Supply Chain Design Software 108

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

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.

Resource Reduction 62

Resource Reduction Negotiating Skills Cost Reduction Supply Chain Planning Software 62

GlobalTranz

JUNE 10, 2015

In reality, departments ranging from receiving to purchasing play an important role in ensuring that freight claims are paid and properly processed. Those who really needed to select a guaranteed shipment but didn’t choose it may face additional costs. What is the TRUE Cost of having 5 different carriers at your desk ?

Purchasing Skills 100

Purchasing Skills Price Reduction Logistics Network Optimization Software Tips 100

GlobalTranz

SEPTEMBER 8, 2015

This data may include invoice numbers, pick up and delivery dates, originating addresses, product descriptions, shipment weight, method of transport, destination address, rate of transport per haul, fuel charges, and the costs of loading and unloading the items at the distribution center. Shipping Strategy. Freight Spend Management.

Cost Reduction 93

Cost Reduction Expense Reduction Supply Chain Planning Software Optimization Software 93

GlobalTranz

JANUARY 20, 2015

Bottom line, it’s great to say you want to have a commerce-enabled site, but before jumping to the technology stage, what is your strategy? The Cerasis “e-commerce” blog category has great articles on developing your strategy. From reverse logistics to pricing, and finally, some solutions. . Differentiation.

Manufacturing Procurement 105

Manufacturing Procurement Price Reduction Inventory Reduction Resource Reduction 105