GlobalTranz

JUNE 30, 2017

In other words, manufacturers need analytics from point-of-sale systems, transportation metrics and more. Essentially, this creates a stronger level of customer service, and it can turn into additional purchases. Furthermore, companies must extend the buying cycle to get as much information as possible from consumers.

Manufacturing Procurement 205

Manufacturing Procurement Manufacturing Procurement Analytics Price Reduction 205

GlobalTranz

OCTOBER 21, 2015

Editor's Note: As of late you may have noticed we have written a lot about procurement and the future of procurement. A large part of procurement is finalizing the contract and then the follow through of the determined deliverables in that agreement. All KPIS have metrics to measure. Collaboration.

KPI 120

KPI Negotiating Skills 3PL Optimal Sourcing 120

Unleashed

OCTOBER 6, 2021

Instead, it sends the order directly to a manufacturer or another type of supplier, who then transports the order directly to the customer. Using this process for even some of your products saves on labour costs, fulfilment demands, warehousing space and administrative work. Learn more: Better Dropshipping with Inventory Management 5.

Inventory Reduction 95

Inventory Reduction Cost Reduction Strategies Material Savings Vendor Strategies 95

Stord

MAY 15, 2024

Customer satisfaction hinges on more than just the quality of the products purchased; it's also deeply influenced by the efficiency and reliability of the delivery process. When customers hit 'purchase,' they're not just buying a product; they're buying an experience — one that includes a swift and smooth delivery process.”

Logistics Network Optimization Software 78

Logistics Network Optimization Software Sourcing Strategies Logistics Supply Chain Design Software 78

Talking Logistics

JUNE 2, 2016

Today, shippers face increased regulations, unstable market conditions and capacity concerns that make it near impossible for a newly divested company to achieve all of its goals without the expertise and support of a third-party logistics (3PL) provider. Step 2: Leverage a Transitional Service Agreement Wisely.

3PL 100

3PL Optimal Sourcing Modeling Procurement Analytics 100

ShipBob

DECEMBER 13, 2023

By the end of this article, you’ll gain insights into which inventory health indicators you should be monitoring, how to overcome common inventory management hurdles, and see how a third-party logistics provider like ShipBob can help. These metrics provide valuable insights into how well your inventory is managed.

Optimal Sourcing 52

Optimal Sourcing Optimization Software Inventory Reduction Inventory Management Software 52

GlobalTranz

MARCH 23, 2016

These metrics would, of course, be aligned and are updated every hour. The metrics are also manual as automatic metric systems cannot retrieve the information at an hourly frequency as these metrics are process inputs and not outputs. Specific metrics: process metrics and outcome metrics.

Agile and Lean Supply Chain 120

Agile and Lean Supply Chain Manufacturing Procurement Lean Sustainability 120

Unleashed

MARCH 31, 2021

For many more, this would be too expensive or their supply chain simply isn’t complex enough to warrant such an investment, so they outsource to third parties. These may be known as logistics service providers (LSPs) or third-party logistics (3PL) providers, depending on the context for which they are needed.

Supply Chain Planning Software 69

Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Software Agile and Lean Supply Chain 69

GlobalTranz

AUGUST 4, 2015

Editor's Note: As a third party logistics company with a focus on better Less-Than-Truckload (LTL) freight management, we have several shippers who are in the manufacturing industry. In today's post, we share 5 Golden Manufacturing Metrics that all manufacturing companies should understand to improve plant operations quality.

Manufacturing Procurement 120

Manufacturing Procurement Procurement Analytics Metrics Manufacturing 120

Logistics Bureau

NOVEMBER 16, 2020

It touches many departments, from production, procurement, shipping, accounting, and finance to marketing, warehousing, research and development, and sales. For example, a member of the sales team could apply to become a purchasing agent, based on her experience of negotiating sales deals. Why Choose a Job in the Supply Chain Industry?

Supply Chain Planning Software 96

Supply Chain Planning Software Supply Chain Design Software Negotiating Skills Buyer Training 96

Taulia

OCTOBER 20, 2021

As such, an efficient supply chain is one in which orders are fulfilled by suppliers on time, while minimizing operational costs. While every company will have different priorities, a number of metrics can be used to measure supply chain efficiency. Calculated as cost of goods sold/average inventory.

Sourcing Strategies 105

Sourcing Strategies Optimal Sourcing Supply Chain Software Supply Chain Optimization 105

BlueYonder

MAY 22, 2020

The changes brought about by COVID-19 are challenging third party logistics providers (3PLs) in unprecedented ways. Stay-at-home orders and social distancing altered consumer patterns almost overnight, changing what people buy, where it’s purchased, and, as a result, how it is delivered.

Cost Reduction Strategies 90

Cost Reduction Strategies Inventory Reduction Optimal Sourcing Procurement Analytics 90

Unleashed

DECEMBER 21, 2023

Inventory management solutions are the systems and processes designed to effectively oversee the entire lifecycle of your business’s inventory, from procurement and storage to distribution and sales. They include all software, hardware, or third-party services designed to facilitate more efficient inventory management practices.

Inventory Reduction 52

Inventory Reduction Inventory Management Software Vendor Strategies Cost Reduction Strategies 52

Unleashed

OCTOBER 30, 2023

Ecommerce consumers want fast, accurate deliveries and a transparent purchasing process. In this guide, we break down the WooCommerce order fulfilment process and how it works, with actionable tips for optimising your fulfilment strategy to bring costs down and boost productivity.

Inventory Management Software 52

Inventory Management Software Manufacturing Procurement Procurement Solutions Material Savings 52

6 River Systems

AUGUST 19, 2020

Leverage big bata, analytics and optimization Supply chains were driven by numbers and statistics for a long time. Quantifiable performance indicators were always considered key metrics by supply chain executives. Leveraging a 3PL is a viable strategy to increase the profitability of your retail business.

Supply Chain Planning Software 59

Supply Chain Planning Software Supply Chain Software Analytics Software Sustainability 59

Talking Logistics

JUNE 22, 2015

Environmental Protection Agency (EPA) and the Department of Transportation’s National Highway Traffic Safety Administration (NHTSA) jointly proposed standards for medium- and heavy-duty vehicles that would improve fuel efficiency and cut carbon emissions. billion barrels over the lifetime of the vehicles sold under the program.

Vendor Strategies 100

Vendor Strategies Cost Reduction Strategies Price Reduction Procurement Analytics 100

Gravity Supply Chain

MAY 20, 2022

Developing end-to-end supply chain management software, Gravity optimizes operations, mitigates risk, and controls costs. Spire’s granular AIS data about transport vessels is now seamlessly incorporated into the cloud-based software system used by Gravity’s clients. In 1956, manually loading a ship cost $5.86

Supply Chain Planning Software 52

Supply Chain Planning Software Procurement Solutions Supply Chain Software Predictive Analytics Software 52

ShipBob

JANUARY 23, 2023

This year over 20% of purchases are expected to take place online , compared to 17.8% Last-mile delivery is a logistics term that is defined as the transportation of a package from a fulfillment center to the package’s final destination, which is usually a personal residence. Although they reported $75.5

3PL 98

3PL Cost Reduction Strategies Inventory Reduction Expense Reduction 98

GlobalTranz

OCTOBER 27, 2015

Today we continue our series on successfully working with a logistics company, often called a third party logistics company by focusing on how to properly understand the success of the engagement by knowing all the key performance indicators that a shipper could put in place. Are your IT systems state-of-the-art?

Six Sigma 120

Six Sigma Logistics Network Optimization Software KPI Company 120

Supply Chain Shaman

MARCH 15, 2016

Sadly, I find each to have a limited view of supply chain analytics. Since most companies invested in the automation of the enterprise, not the value network, visibility within the company and the transportation network is a strength. The processes are largely batch, using data with great latency (orders and purchase orders).

Supply Chain Software 150

Supply Chain Software Supply Chain Network Software Manufacturing Procurement Supply Chain Planning Software 150

FLEXE

JUNE 14, 2018

Amazon spent decades building an incomparable eCommerce logistics infrastructure that makes high-volume, free, two-day delivery possible for its millions of Prime members. Now, its two-day promise isn’t even its fastest offer—for many Amazon purchases, next- or same-day delivery is available and free. Do they want fast shipping?

Procurement Analytics 34

Procurement Analytics Purchasing Skills Procurement Solutions Resource Reduction 34

FLEXE

JUNE 14, 2018

Amazon spent decades building an incomparable eCommerce logistics infrastructure that makes high-volume, free, two-day delivery possible for its millions of Prime members. Now, its two-day promise isn’t even its fastest offer—for many Amazon purchases, next- or same-day delivery is available and free. Do they want fast shipping?

Procurement Analytics 34

Procurement Analytics Purchasing Skills Procurement Solutions Resource Reduction 34

Logistics Bureau

DECEMBER 20, 2016

In this case your supply chain service policy will need to support that promise , perhaps by specifying automatic use of expedited last-mile transportation as a response to upstream supply delays. Warehouse operational costs. Costs associated with transportation. Procurement costs. Transportation Costs.

Inventory Reduction 40

Inventory Reduction Cost Reduction Strategies Price Reduction Waste Reduction 40

The Logistics of Logistics

FEBRUARY 22, 2013

Perhaps this is why, so many LTL shippers make purchasing decisions based on price alone. Key Process Indicators vs. Metrics. A metric is any standard of measurement (number of carriers, inventory turns, average shipment weight, etc.). This means that while all KPIs are metrics, not all metrics are KPIs.

Cost Reduction Strategies 101

Cost Reduction Strategies KPI Price Reduction Expense Reduction 101

GlobalTranz

DECEMBER 30, 2014

We trudge on with our top posts from our main blog categories by page view for all of 2014 from the Cerasis blog by featuring another area Cerasis is an expert in: Transportation. These tips include how you yourself can better manage your transportation department and maximize resources. Read the Full Blog Post.

Expense Reduction 232

Expense Reduction Logistics Network Optimization Software Supply Chain Planning Software Modeling Software 232

Supply Chain Collaborator

MARCH 13, 2017

Shippers opting to use a third party logistics (3PL) provider’s TMS solution as opposed to implementing and managing TMS internally the almost always lose more than they gain. Benjamin Franklin once said, “Those who would give up essential liberty to purchase a little temporary safety deserve neither liberty nor safety.”

3PL 60

3PL Network Design Software Procurement Solutions Supply Chain Network Software 60

Logistics Bureau

SEPTEMBER 3, 2017

Why do some rival firms that battle with each other downstream in retail outlets manage to work well together upstream in their transport and warehousing? And by comparison and with apparently so much to gain, why do some logistics service providers and their clients fail to team up effectively? Business continuity.

Logistics Network Optimization Software 40

Logistics Network Optimization Software Logistics Manufacturing Procurement 3PL 40

Unleashed

MARCH 5, 2024

Data insights: eCommerce automation software generates better reports in – less time – when compared with manual processes. A purchase order may be created and delivered to the supplier without adding to the purchasing officer’s task list.

Supply Chain Software 52

Supply Chain Software Procurement Solutions Examples Inventory Management Software 52

The Lean Supply Chain

JULY 7, 2015

The other software companies that sell YMS below, sell it in conjunction with a Warehouse Management System (WMS) and Transportation Management System (TMS) so there is no way to gauge those YMS sales as they could be with, or without, the YMS system depending on the customer’s needs. They are tailor made for YMS. Preference? The reason?

Supply Chain Planning Software 40

Supply Chain Planning Software Supply Chain Design Software Modeling Software Demand Planning Software 40

GlobalTranz

JULY 19, 2016

percent annually, reports Jeffrey B. Graves of Inbound Logistics , accounting for nearly one-half of $1 trillion by 2010. In fact, this details should be compiled and reported from within your warehouse management system (WMS), which reduces the amount of time required in processing thousands, if not tens of thousands, of orders.

Warehousing 120

Warehousing Procurement Analytics Cost Reduction Strategies Expense Reduction 120

Logistics Bureau

SEPTEMBER 28, 2020

SUMMARY: Because 4PL providers handle a company’s entire chain, including challenges that are thrown up by advances in technology, they are increasingly being favoured over third-party logistics (3PL) providers, especially by big companies with complex supply chains. the digitisation of manufacturing. What is 3PL?

Logistics Network Optimization Software 96

Logistics Network Optimization Software Supply Chain Design Software Supply Chain Planning Software Company 96

Logistics Bureau

SEPTEMBER 3, 2017

Why do some rival firms that battle with each other downstream in retail outlets manage to work well together upstream in their transport and warehousing ? And by comparison and with apparently so much to gain, why do some logistics service providers and their clients fail to team up effectively? Business continuity.

Logistics Network Optimization Software 40

Logistics Network Optimization Software Logistics Manufacturing Procurement 3PL 40

Talking Logistics

APRIL 7, 2016

One of my supply chain and logistics predictions for this year was that the transportation management system (TMS) market will become more barbell-shaped ( mirroring what is happening in the third-party logistics industry ). LeanFleet offers several features to reduce administrative costs.

Supply Chain Design Software 100

Supply Chain Design Software Supply Chain Planning Software Optimization Software Transportation Management 100

Logistics Bureau

NOVEMBER 27, 2016

Unilever has sustainability at the very heart of its business model, extending all the way through the supply chain from distribution to procurement. The measurements however, are just a means to an end , with the KPI-driven conversations being considered more important than the actual metrics. The Sustainability Drive.

Agile and Lean Supply Chain 40

Agile and Lean Supply Chain Supply Chain Strategy Supply Chain Design Software Gartner 40

Intelligent Audit

JANUARY 18, 2022

Actionable analytics and meaningful logistics intelligence are essential elements in freight. Actionable analytics gather large volumes of data and interpret it in a meaningful way, translating it into effective business strategies. Provide Discounts on Worthy Purchases. What’s Happening: Shipping Disruptions Continue.

Analytics Software 52

Analytics Software Supply Chain Planning Software Supply Chain Design Software Procurement Analytics 52

Unleashed

JUNE 23, 2021

More widespread third-party logistics. Inventory analytics goes mainstream. Accurately plotting costs based on live data. Improving efficiencies with data analytics. Warehouse and logistics staff can use portable technology to improve efficiency at work, such as scanning and picking.

Inventory Management Software 80

Inventory Management Software Inventory Reduction Inventory Management Supply Chain Planning Software 80

GlobalTranz

AUGUST 9, 2016

For shippers, culture and behavior have to change to apply Lean Transportation thinking. The “Them (company leadership) versus Us (shop floor associates)” mentality also needs to change for Lean Transportation to " WE. The 8 Rights To Achieve Lean Transportation Practices. Transportation takes time.

Waste Reduction 120

Waste Reduction Agile and Lean Supply Chain Cost Reduction Strategies Lean 120