GlobalTranz

SEPTEMBER 22, 2016

The roles of logistics and procurement in an efficient supply chain cannot be overstated. According to Paul Myerson , reports Industry Week, up 70 percent of a company’s costs come from procurement and logistics operations. Let’s take a closer look at the current problem and its possible solutions. But, the divide continues.

Manufacturing Procurement 120

Manufacturing Procurement Procurement Analytics Procurement Solutions Optimal Sourcing 120

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.

Optimal Sourcing 74

Optimal Sourcing Cost Reduction Strategies Material Savings Inventory Reduction 74

ivalua

JUNE 29, 2020

The average hospital spends nearly 30% of its overall non-labor operating expenses on supply chain expenses. According to this same research, there is an opportunity to reduce total supply expense by average of 17-18% for a given hospital. Watch a BSW webinar here. What is The Fundamental Challenge? .

Supply Chain Planning Software 219

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Optimal Sourcing 219

GlobalTranz

JULY 20, 2017

Editor's Note: Today's blog is from Red Stag Fulfillment who show us how an Order Fulfillment Solution can help reduce risk. You choose the right option to order fulfillment solution and get your products quickly into the hands of customers — who will become satisfied customers — with as little hassle and wait time as possible.

Procurement Solutions 124

Procurement Solutions Price Reduction Purchasing Skills Cost Reduction Strategies 124

GlobalTranz

APRIL 17, 2018

However, that does not mean all shippers must face the challenges to ship parcel at their expense. Rather than giving up, shippers need to consider what Amazon and the big box giants have done right and apply these concepts as part of a robust parcel shipping strategy. Purchase Insurance. Use International Symbols for Labels.

Material Savings 151

Material Savings Shipping Cost Reduction Strategies Negotiating Skills 151

GlobalTranz

JULY 22, 2016

Home Depot is revamping their distribution center strategy to include a host of regional centers, and logistics providers stand to reap significant profits from increased collaboration in the marketplace. New Business Models Reduce Operating Costs. Consumers are also looking to business for benefits in every purchase.

Logistics Network Optimization Software 120

Logistics Network Optimization Software Modeling Software Analytics Software Optimization Software 120

GlobalTranz

NOVEMBER 10, 2015

Transportation costs make up 60 percent of overall logistics expenses for all shippers and 3PLs. However, costs can be further reduced through the use of a warehouse management system (WMS). A WMS is the general term for the software that governs, monitors, and controls all processes within a warehouse.

Supply Chain Planning Software 120

Supply Chain Planning Software Inventory Management Software Optimization Software Inventory Reduction 120

ThroughPut

AUGUST 18, 2023

For instance: How much working capital can be freed up with 5% reduction in inventory? Its financial implications include enhanced customer satisfaction and thereby, repeat purchases and more sales through word of mouth. How much can the Cost of Goods Sold be enhanced by improving materials’ usage?

Supply Chain Optimization 52

Supply Chain Optimization Supply Chain Software Material Savings Expense Reduction 52

Supply Chain Shaman

JUNE 14, 2018

In this series of posts, I am going to make an argument to augment ERP planning with new cloud-based solutions to improve decision-making. While many business leaders believe that Enterprise Resource Planning (ERP) and Advanced Planning Solutions (APS) will be equal to this task, it is not sufficient. How is this impacting reliability?

Optimal Sourcing 173

Optimal Sourcing Manufacturing Procurement Supply Chain Planning Software Agile and Lean Supply Chain 173

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. Radio frequency identification (RFID) has become one of the megatrends in logistics.

Supply Chain Planning Software 120

Supply Chain Planning Software Supply Chain Software Supply Chain Technology Supply Chain Network Software 120

Supply Chain Shaman

NOVEMBER 27, 2016

While many technology companies have co-opted the network of networks message, today there is no interoperability between network solutions. The SAP acquisition of Ariba slowed innovation and the purchase, and then the failed promise of investment in Crossgate was disappointing to SAP supply chain business users. Definitional Image.

Supply Chain Design Software 150

Supply Chain Design Software Supply Chain Planning Software Trends Prescriptive Analytics Software 150

Jaggaer

JANUARY 28, 2020

Last week, Director of Product Management Georg Rösch hosted a webinar that asked the question, “Why is it important to take a holistic approach to supplier management?” Missed the first webinar? This is great news for the procurement function! Purchasing. Subjective points can be extremely expensive to try to monitor.

Negotiate Pricing 59

Negotiate Pricing Negotiating Skills Purchasing Skills Manufacturing Procurement 59

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 120

Manufacturing Procurement Innovation Manufacturing Purchasing Skills 120

GlobalTranz

JUNE 9, 2015

Fortunately, Third-Party Logistics Service Providers (3PLs) offer a solution to this problem to help in gaining efficiency in transportation management. By outsourcing to a transportation management provider, you can reduce your in-house expenses on shipping processes. Transparency. Improved Employee Satisfaction.

Transportation Management 120

Transportation Management Transportation Expense Reduction Logistics Network Optimization Software 120

GlobalTranz

DECEMBER 17, 2014

These myths obscure and mislead: among them are the misconceptions that EDI is expensive, complicated and not worth the investment. Myth: It’s Too Expensive. For example, on average the cost savings from automating a manually processes purchase order is $9.89, for an invoice is $11.58 and a remittance is $12.96.

Supply Chain Network Software 233

Supply Chain Network Software Supply Chain Software Sourcing Strategies Expense Reduction 233

ToolsGroup

SEPTEMBER 15, 2015

Most supply chain organizations recognize that their ERP solution does not deliver the functionality that they need to effectively model and plan their supply chain. So selecting a good planning software solution is critical and can drive significant value to the business. So buyers got burned. It is not a transaction system.

Supply Chain Planning Software 120

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Scenario Planning 120

GlobalTranz

AUGUST 10, 2016

It is important to note the necessity to build strategy of company’s logistics system development and integrate it as a full-fledged component for not less than 10-15 years. Strategy and Planning for Effective Operations by Northwestern University. Operations Strategy . University Courses. 2) Supply Chain Management.

Supply Chain Design Software 120

Supply Chain Design Software Course Supply Chain Planning Software Price Mitigation Strategies 120

GlobalTranz

JULY 14, 2015

In some cases, human intervention and input will be completely eliminated. If human maintenance crews are called, the IoT can provide specifications for what parts need to be replaced, the tools necessary for making the repair, and instructions if the maintenance workers have not had to previously replace this part.

Internet of things 120

Internet of things Supply Chain Software Supply Chain Optimization Supply Chain Strategy 120

ShipBob

MARCH 30, 2020

They manufacture the products and ship them to fulfillment or distribution centers once a purchase order has been placed. Rather than keeping all your inventory in one location, which can lead to longer delivery times and more expensive shipping costs, splitting inventory allows for quicker shipping of DTC orders. Fulfillment centers.

Logistics Network Optimization Software 90

Logistics Network Optimization Software Logistics Supply Chain Design Software Inventory Management Software 90

GlobalTranz

DECEMBER 7, 2015

Manufacturers will seek custom (or specifically tailored) e-commerce solutions. Logistics and Transportation Managers at manufacturers will have reports at their fingertips on how to continue to reduce transportation costs, a heavy portion of the expense budget, by leaning on data to continually improve. Forecasting Demand.

Manufacturing Procurement 120

Manufacturing Procurement Analytics Software Trends Supply Chain Design Software 120

GlobalTranz

JULY 10, 2015

This is largely due to consistent new job creation, higher net income of individuals, and increasing household net worth, lower rates of inflation, and reduction in the cost of gas prices. Ultimately, less space to store goods, which haven’t been purchased and shipped yet, results in higher cost of storage. percent last year.

Procurement Analytics 120

Procurement Analytics Report Logistics Cost Reduction Strategies 120

ivalua

JANUARY 27, 2021

Although it may seem hopeless, opportunity awaits with the right transformation strategies, and Invoice to Pay solution. In a recent webinar hosted by Ivalua , Walden explained that the key is a multifaceted approach. They follow an end-to-end channel strategy with nearly all spend covered by contract or POs.

Supply Chain Software 26

Supply Chain Software Purchasing Skills Supply Chain Design Software Analytics Software 26

GlobalTranz

APRIL 26, 2016

As a logistics service provider, focusing on over-the-road surface transportation management solutions via technology and managed transportation services, we find the following information on the history of shipping containers of great significance to the logistics and supply chain community at large. Here’s how it happened. . Category Key.

Shipping 120

Shipping Logistics Network Optimization Software Supply Chain Design Software Modeling Software 120

SYSPRO Smarter ERP

FEBRUARY 22, 2024

An ERP system that incorporates a cutting-edge warehouse management system (WMS) can help you optimize processes, streamline workflows and decrease errors. Using alphanumeric logic can help you optimize simple picking strategies without having to implement a full-blown warehouse solution or warehouse mapping solution.

Manufacturing Procurement 116

Manufacturing Procurement Inventory Reduction Expense Reduction Waste Reduction 116

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. Solutions for Small Businesses with eCommerce Distribution . Let’s take a closer look at this contemporary business model. .

Distribution 120

Distribution Modeling Software Optimization Software Demand Planning Software 120

GlobalTranz

AUGUST 21, 2017

Editor's Note: As a transportation management solutions company, Cerasis aids manufacturing companies in streamlining logistics & transportation in order to gain efficiency and reduce costs. Email marketing is a powerful tool for growing and developing different types of businesses. Optimize Your Subscriber List.

Manufacturing Procurement 152

Manufacturing Procurement Optimization Software Manufacturing Expense Reduction 152

Unleashed

OCTOBER 20, 2021

And to give you a clear idea of what to expect if you choose a cloud-based software option, we’ll give you some examples of how Unleashed helps with the process of setting up your inventory system. That way you’ll avoid a situation where your software is ready to go but you don’t have the physical assets to use it.

Inventory Management Software 96

Inventory Management Software Inventory Management Forecasting Software Inventory Reduction 96

GlobalTranz

APRIL 6, 2017

You need to justify the expense based on factors relating to both obsolescence and business goals. Besides the expense, meaning you or your management are unwilling to make an upfront investment when the manufacturing equipment has not failed entirely, there are other roadblocks thrown up against upgrading: The fear of change.

Manufacturing Procurement 174

Manufacturing Procurement Manufacturing Vendor Strategies Expense Reduction 174

Precoro

APRIL 24, 2023

The primary objective of supplier onboarding is to identify trustworthy and reliable suppliers for long-term cooperation and effectively guide them through the company's tools, processes, and workflows. Plus, with a smooth onboarding process, less time, resources, and expenses are wasted on the part of the buyer (and the seller, too!).

Supply Chain Design Software 52

Supply Chain Design Software Procurement Solutions Supply Chain Network Software Demand Planning Software 52

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 120

Supply Chain Design Software Big Data Supply Chain Software Continuous Improvement 120

Locus

MARCH 20, 2023

The modern customer is aware of their needs and possesses the knowledge and skills to efficiently utilize information and tools to fulfill them. The survey conducted by MetaPack highlights that more than 90% of customers consider delivery a crucial factor when making online purchases. Watch the Webinar What is last-mile tracking?

Real-time Visibility 52

Real-time Visibility Optimization Software Expense Reduction Cost Reduction Strategies 52

6 River Systems

JUNE 29, 2020

Not only does retail warehousing enable companies to bolster regional distribution efforts and reduce last-mile delivery challenges, but the repurposing of prime real estate space is a boost to the economy, as well. eCommerce growth and the impacts of COVID-19 In 2019, consumers spent $601.75 billion with U.S. eCommerce retailers, marking 14.9%

Warehousing 52

Warehousing Retail Real Estate Demand Planning Software 52

Arena Solutions

MAY 5, 2022

If you are running pop-up blocking software, you will need to disable that to view the webinar. This webinar technology allows you to resize the presentation by clicking the maximize icon in the upper right corner to enlarge the window. You will be notified by email when that archive is available.

Supply Chain Design Software 52

Supply Chain Design Software Supply Chain Planning Software Modeling Software How To 52

Vinculum

AUGUST 23, 2022

You might even have a strong web presence, but your operating expenses make it difficult to increase your bottom line. The solution, then, is to link your order, inventory, and logistics to speed up inventory turnaround and coordinate your efforts. You must exercise extreme caution when choosing and purchasing a WMS. Take Away

United Arab Emirates 52

United Arab Emirates Optimization Software Inventory Management Software Logistics Network Optimization Software 52

GlobalTranz

MARCH 24, 2015

Without understanding true costs and using benchmarks as just that – benchmarks – carriers and shippers will struggle to effectively analyze and reduce their costs. Payments on leased/purchased trucks and trailers represent 11% of costs. Maintenance repair was the next most expensive line item expense. On-time pickups.

Benchmarking 120

Benchmarking Purchasing Skills Analysis Cost Reduction Strategies 120

FLEXE

SEPTEMBER 26, 2018

consumers say fast delivery is important to them when making online purchases. You can watch the full recording of the webinar here. Not every item or every purchase calls for free, two-day delivery—not even Amazon offers that for every product in its marketplace. In the webinar , we break down how much of the U.S.

Inventory Management 28

Inventory Management Inventory Reduction Inventory Purchasing Skills 28

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. Most employees soon come to appreciate the advantages of working in a lean facility: Workflow processes are smoothed as information transmission delays are eliminated.

Manufacturing Procurement 120

Manufacturing Procurement Waste Reduction Agile and Lean Supply Chain Inventory Reduction 120