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

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. enhanced flexibility to accommodate variables in customers’ purchasing patterns. cuts purchasing costs. and more pro-active problem solving.

Manufacturing Procurement 133

Manufacturing Procurement Inventory Reduction Waste Reduction Cost Reduction 133

GlobalTranz

SEPTEMBER 22, 2016

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 led to subpar purchasing practices and a limited supply chain value. This is the demand-driven supply chain. The Big Picture. .

Manufacturing Procurement 108

Manufacturing Procurement Procurement Analytics Procurement Solutions Optimal Sourcing 108

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

NOVEMBER 23, 2015

When selecting a transportation mangement 3PL to aid you in a robust and effective transportation management strategy , defining the rules of engagement is critical to success. Risk management is a huge part of an effective transportation management strategy. This may include seminars, webinars, conference calls, and training sessions.

Inventory Reduction 56

Inventory Reduction 3PL Strategy Transportation 56

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. 3 Strategies for e-Commerce Logistics Efficiency.

Cost Reduction 51

Cost Reduction Price Reduction Resource Reduction Efficiency 51

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

APRIL 8, 2015

Despite all the data collected, it only becomes useful when businesses use data to drive purchasing behavior and improve processes. The companies that can collect, organize, and apply this data will hold a strategic advantage in the coming years.

Data 98

Data Procurement Analytics Price Reduction Supply Chain Software 98

GlobalTranz

APRIL 6, 2015

In the past, many buyers selected purely based on purchase price and quantity discounts. However, when large amounts of products are purchased inventory keeping and management costs are skyrocketed. S kill gaps will continue to be a challenge for companies. 7) Total Cost Perspective. This article originally appeared at SupplyChainOpz.

Optimal Sourcing 118

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

GlobalTranz

AUGUST 5, 2015

Verify the existence of the purchase order. Verify the purchase price of the item, especially since items may have been on-sale when purchased. Get in touch with us today and we can help you with any RMA strategies and arm you with the technology needed to effectively execute that strategy. .

Resource Reduction 90

Resource Reduction Vendor Strategies Reverse logistics Cost Reduction 90

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

JUNE 16, 2015

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. No matter the size or location of a business, an up-to-date and advanced IT department will always triumph over many other forms of commerce.

Manufacturing Procurement 101

Manufacturing Procurement Purchasing Skills Price Reduction Supply Chain Design Software 101

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

JULY 8, 2015

And at the end, check out a nice infographic speaking more to reverse logistics strategies and practices. 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). Cost Management.

Reverse logistics 110

Reverse logistics Material Savings Cost Reduction Logistics Network Optimization Software 110

GlobalTranz

OCTOBER 2, 2015

For example, MintyBoost, a popular DIY USB charger kit built using an Altoids tin, batteries and a few connectors, can easily be created using instructions online, or purchased from other makers who sell their devices. INFOGRAPHIC: Combining the Maker Movement and STEM for Powerful Progress In Manufacturing.

Manufacturing Procurement 112

Manufacturing Procurement Purchasing Skills Resource Reduction Sourcing Strategies 112

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

DECEMBER 8, 2016

In the past, retail businesses large and small operated by receiving and storing large shipments of product from distributors or manufacturers, which were then put out on store shelves for purchase. Some smaller businesses can even run all of their operations through platforms like Shopify, BigCommerce, and Magento.

eCommerce 78

eCommerce Modeling Software Distribution Optimization Software 78

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. . Running with the herd is not always cheap, but it may be the best long-term strategy for today’s expanding online businesses. .

eCommerce 92

eCommerce Expense Reduction Cost Reduction Eliminating Excel in Purchasing 92

GlobalTranz

AUGUST 7, 2015

Price is often the first consideration toward purchasing supplies but is rarely the only consideration. It often requires purchase of new software along with training in that programming and implementation. Sometimes just as important is the peace of mind that comes with the knowledge of knowing when to expect a shipment.

Procurement Analytics 98

Procurement Analytics Supply Chain Software Purchasing Skills Supply Chains 98

GlobalTranz

SEPTEMBER 8, 2015

Shipping Strategy. The answer is your business strategy. Your business strategy needs to include focusing on particular parts of shipping processes, working with industry-leaders, focusing on reduced costs, and reducing inefficiencies in daily operations. Monitoring of Key Performance Indicators and Reporting.

Cost Reduction 93

Cost Reduction Expense Reduction Supply Chain Planning Software Optimization Software 93

SYSPRO Smarter ERP

FEBRUARY 22, 2024

Using alphanumeric logic can help you optimize simple picking strategies without having to implement a full-blown warehouse solution or warehouse mapping solution. To learn more about how you can modernize and improve your warehouse operations, check out this webinar. Separate raw materials and finished goods.

Manufacturing Procurement 116

Manufacturing Procurement Inventory Reduction Expense Reduction Waste Reduction 116

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? However, 3rd Party Logistics Companies with existing multilateral agreements with companies around the globe may also have similar qualifications.

Logistics Network Optimization Software 96

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

GlobalTranz

FEBRUARY 13, 2017

There was a time when buying a computer was considered a once-in-a-decade purchase, if not once-in-a-lifetime. If a company does not have standard reverse logistics processes in place, repeat purchases could be lost. Amazon understands the value of an easy-to-use reverse logistics strategy.

Resource Reduction 82

Resource Reduction Trends Inventory Reduction Material Savings 82

GlobalTranz

SEPTEMBER 19, 2017

Amazon’s recent purchase of whole foods market alludes to a growing trend in last mile logistics; all industries and shippers must be where of the forthcoming Amazon-Effect, reports Daniel Gross of Slate.com. Existing Companies and Startups Seek to Take a Marketshare, So Shippers Must Act.

Cost Reduction 100

Cost Reduction Logistics Network Optimization Software Purchasing Skills Transportation 100

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

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. Of their purchasing department? Acquisitions / Consolidation. Conduct a customer analysis.

Manufacturing Procurement 105

Manufacturing Procurement Price Reduction Inventory Reduction Resource Reduction 105

GlobalTranz

NOVEMBER 30, 2016

Not to mention the industry is growing at nearly four times the rate of B2C eCommerce, as distributors like you respond to the growing demand among buyers to purchase online and on-the-go. The B2B eCommerce industry is worth roughly $1 trillion in the U.S. alone today, according to estimates from Gartner and Forrester Research.

Manufacturing Procurement 72

Manufacturing Procurement Logistics Network Optimization Software Cost Reduction Inventory Reduction 72

GlobalTranz

JULY 31, 2015

This report, available for purchase here , poised some significant implications for the shipping, and by direct correlation, the logistics industry. On July 27, 2015, the American Trucking Association s released the U.S. Freight Transportation Forecast to 2026. Do not let this report result in your demise.

Freight 124

Freight Procurement Analytics Purchasing Skills Cost Reduction 124

GlobalTranz

JULY 6, 2015

Consumers want their products, which they have paid for, and faster, more efficient processes, from the manufacturing to delivery, will encourage repeat purchases, and therefore, company growth and success. Think about how this single purchase could last for decades to come. Benefits of Robotics in Logistics and Manufacturing.

Manufacturing Procurement 110

Manufacturing Procurement Logistics Network Optimization Software Expense Reduction Sourcing Strategies 110

GlobalTranz

JULY 28, 2015

Fewer overall drivers implies that even an increase in the overall LTL capacity through the purchase of new LTL fleets would be incapable of handling the expected demand of LTL shipping without additional drivers. According to the National Retail Federation, 85 percent of consumers purchased items online as part of cyber Monday.

Purchasing Skills 97

Purchasing Skills Manufacturing Procurement Negotiating Skills Cost Reduction 97

GlobalTranz

FEBRUARY 6, 2017

Amazon’s purchase of Kiva Robots changed the landscape of robotics in the supply chain. For example, Johnson & Johnson procurement professionals actively review market trends before making purchases. Moreover, customers can make purchases online and have them shipped to the store or their home.

Supply Chain Planning Software 73

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

GlobalTranz

FEBRUARY 13, 2015

They can accomplish this by conducting thorough research, developing a logical strategy, and managing proactively to prevent problems. One mistake companies often make is focusing on the lowest purchase price per item instead of considering the total landed cost of sourcing from offshore suppliers. Know the pain points.

White Paper 94

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

GlobalTranz

SEPTEMBER 23, 2015

However, unorganized supply chains can quickly cause a customer to abandon a purchase and provide negative feedback about the company across social media, word-of-mouth, and many other mediums. Customer Expectations. Customer service is all about pleasing the customer and exceeding their expectations.

Supply Chain Design Software 108

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

GlobalTranz

MARCH 2, 2017

of total retail sales furthering the case for shippers to adopt an omnichannel strategy. There is also a rise in people purchasing items online with a smartphone and this has made online shopping even more convenient for people. By 2018, online retail is expected to represent 8.8% We hope that you find it interesting.

eCommerce 50

eCommerce Webinar Strategy Inbound 50

GlobalTranz

MARCH 24, 2015

For a trucking company, shipper, or logistics provider to be profitable, owners must understand their cost of purchased transportation and expenses need to be in line with desired profitability. Payments on leased/purchased trucks and trailers represent 11% of costs. Inbound freight costs as percentage of purchases.

Purchasing Skills 94

Purchasing Skills Cost Reduction Analysis Procurement Analytics 94

GlobalTranz

MAY 28, 2015

These are but extensions of the idea to maximize omni- channel strategies by putting the customer at the heart of the supply chain. . 5 Strategies to Personalize Your Web Experience to Put the Customer Focus at the Heart of the Omni-Channel Supply Chain. Are you ready to discuss your omni-channel supply chain strategy?

Supply Chain Software 93

Supply Chain Software Vendor Strategies Supply Chains Waste Reduction 93

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. Work directly with the manufacturers whenever possible, rather than purchasing through an intermediary source.

Supply Chain Planning Software 104

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