GlobalTranz

OCTOBER 2, 2017

According to Mitchell’s NY , last mile logistics is seen as the least efficient leg of shipping, and it accounts for up to 20 percent of the total shipping cost of a product. They need to revamp the technology and processes used in managing both overall and last mile logistics. Be Consumer-Centric. Measure Performance.

Inventory Reduction 363

Inventory Reduction Cost Reduction Strategies Logistics Network Optimization Software Supply Chain Strategy 363

GlobalTranz

JUNE 8, 2021

It’s important to know how white glove services and transportation management go together. White glove services are the services offered in transportation management that go beyond the standard expectations for delivery. As far as figuring out what carriers offer, that’s the real trick of modern shipping.

Transportation Management 197

Transportation Management Logistics Network Optimization Software Transportation Reverse Logistics 197

Logistics Viewpoints

DECEMBER 7, 2021

Just two days before Thanksgiving, FreightWaves reported an “all-time-high 93 ships” were waiting there. Even if much of their sought-after inventory remains stuck at sea, merchants still need to move products that are available, and this brings its own set of relentless challenges. They face higher costs.

Capacity 191

Capacity Price Reduction Cost Reduction Strategies Inventory Reduction 191

GlobalTranz

MAY 24, 2016

Using less-than-truckload for medium-sized shipments is one of the great innovations in shipping. It produces results at a fraction of the cost of full truckload (FT) or small package shipping. The ideal TMS can maximize the efficiency of a warehouse and directly affect inventory management. Reduced Training Costs.

Purchasing Training 137

Purchasing Training Negotiating Skills Supply Chain Design Software Forecasting Software 137

3rdwave

NOVEMBER 8, 2018

In today’s turbulent trading environment, strong global transportation management capabilities deliver exceptional benefits and value. In 2014, a Supply Chain Council survey found that managing global supply chain complexity was among the top 5 major issues. A very recent survey of U.S.

Supply Chain Design Software 79

Supply Chain Design Software Global Transportation Supply Chain Planning Software Optimization Software 79

GlobalTranz

SEPTEMBER 23, 2021

Port backlogs, cargo limitations on container ships, and a lack of available equipment and port facility staffing.? Such congestion naturally leads to bottlenecks in planning drayage and eventual increases in the total cost of shipping, not to mention an added strain on trucking as the bottlenecks grow.? transportation metrics ?that

Prescriptive Analytics Software 308

Prescriptive Analytics Software Optimal Sourcing Pricing Training Negotiating Skills 308

Logistics Viewpoints

JUNE 26, 2023

The second goal was to work with a fourth party logistics (4PL) partner that had invested in cutting-edge transportation management and visibility solutions. A 4PL is a company that plans and executes transportation on behalf of their customers. For the largest retailers, short shipping results in fines and penalties. “I’ll

Supply Chain Planning Software 207

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Planning 207

GlobalTranz

FEBRUARY 25, 2021

According to the Council of Logistics Management, it is “the process of planning, implementing, and controlling the efficient, cost effective flow of raw materials, in-process inventory, finished goods and related information from the point of consumption to the point of origin for the purpose of recapturing value or proper disposal.

Reverse Logistics 210

Reverse Logistics Logistics Network Optimization Software Material Savings Logistics 210

GlobalTranz

MAY 18, 2018

If the customer uses online and in-store shopping to make a purchase, shipping and pickup options should include A, B and C. If only online shopping is used, shipping options may include B or D. WHITE PAPER] The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018. Download white paper.

Supply Chain Design Software 138

Supply Chain Design Software Supply Chain Software Omnichannel Analytics Software 138

GlobalTranz

NOVEMBER 12, 2015

We continue our series on strategic shipping by going into detail of the 10 main areas that shippers can turn to in order to have a strategic logistics and transportation management mindset. 6 Benefits of Using the Right Data in Logistics & Transportation Management for Continuous Improvement.

Continuous Improvement 120

Continuous Improvement Data Logistics Network Optimization Software Vendor Strategies 120

GlobalTranz

AUGUST 31, 2018

Using New Technology for Maximizing Warehouse Space Is the Solution New technologies and warehouse automation are poised to enable warehouse managers to increase inventory without necessarily increasing space. Robotics can also be used to move large inventory, taking advantage of vertical space without sacrificing worker safety.

Supply Chain Design Software 121

Supply Chain Design Software Warehousing Analytics Software Optimization Software 121

Talking Logistics

AUGUST 13, 2018

One area that can quickly yield benefits is in parcel shipping. For example, a company may be using two- or three-day express shipping to ship parcels over a short distance where they probably would have arrived in the same time using ground. Big data drives everything,” Michael says. “Big

Negotiating Skills 103

Negotiating Skills Optimal Sourcing Optimization Software Price Mitigation Strategies 103

3rdwave

NOVEMBER 8, 2018

In today’s turbulent trading environment, strong global transportation management capabilities deliver exceptional benefits and value. In 2014, a Supply Chain Council survey found that managing global supply chain complexity was among the top 5 major issues. A very recent survey of U.S.

Supply Chain Design Software 41

Supply Chain Design Software Global Transportation Supply Chain Planning Software Optimization Software 41

Unleashed

AUGUST 20, 2023

In a survey of 1,000 organisations, 74% of respondents in the US reported delays in shipping and longer lead times during the coronavirus pandemic. Lead time is a vital business metric that directly impacts customer satisfaction, workflow efficiency, and delivery time accuracy. Let’s break down the most common ones.

Manufacturing Procurement 52

Manufacturing Procurement Inventory Reduction Sourcing Strategies Procurement Analytics 52

GlobalTranz

OCTOBER 19, 2017

As a result, the warehouse can reduce the amount of inventory necessary if similar inventory control can be achieved closer to consumers. Customers now expect free, fast shipping from retailers, and regardless of where your distribution center is located, your customers want what they order as soon as possible.

Optimization Software 137

Optimization Software Inventory Reduction Cost Reduction Strategies Material Savings 137

ThroughPut

NOVEMBER 15, 2022

In fact, logistics goes one step ahead to align the complex operations of transportation and shipping, import and export operations, warehousing, inventory management and production scheduling, with the organizations’ overall goals. Ambiguity in Inventory Visibility, Tracking, and Management. THE CHALLENGE.

Handbook 52

Handbook Inventory Reduction Resource Reduction Cost Reduction Strategies 52

SCMDOJO

JULY 24, 2023

Contract logistics is a specialized service offered by third-party logistics (3PL) providers to manage supply chain operations on behalf of a company. It involves outsourcing logistics activities, such as warehousing, transportation, distribution, inventory management, and order fulfillment, to a dedicated logistics service provider.

Logistics Network Optimization Software 90

Logistics Network Optimization Software Optimal Sourcing Negotiating Skills Inventory Management Software 90

Supply Chain Shaman

JUNE 6, 2013

Closing the gaps happens when there are aligned metrics, clarity of vision and aligned planning processes. More advanced supply chain leaders model the role of complexity (product and customer), the impact of risk, and opportunity of innovation as well as product shipping and manufacturing locations, and inventory policies.

Supply Chain Planning Software 280

Supply Chain Planning Software Supply Chain Planning Optimal Sourcing Scenario Planning 280

The Logistics of Logistics

OCTOBER 8, 2012

If you do not want to start at the 3PL as a contact customer with a SLA/KPIs, you can ship your goods and become a public account. This SLA/KPI has to be negotiated and agreed upon by you and your 3PL partner.This negotiation time can take three (3) to Six (6) months. Later, as you grow and gain experience, you can become a contract account.

Third Party Logistics 145

Third Party Logistics Negotiating Skills Purchasing Skills KPI 145

ShipBob

DECEMBER 23, 2021

Online shoppers expect a fast, effortless, and inexpensive experience with your brand, which requires a fulfillment center that picks , packs, and ships accurate orders at lightning speeds. 5+ years of industry experience in fulfillment, supply chain operations, or warehouse management. Strong written and oral communication skills.

Supply Chain Planning Software 52

Supply Chain Planning Software Negotiating Skills Optimization Software Logistics Network Optimization Software 52

GlobalTranz

APRIL 13, 2015

Often, the deployment of transportation management software systems or TMS systems is a great aid in reducing overall hard and soft transportation costs. Does the system support all modes of shipping within your operation? Integrated warehouse management system. Is your organization a small to mid-sized business?

Supply Chain Design Software 120

Supply Chain Design Software Supply Chain Planning Software Optimization Software Analytics Software 120

GlobalTranz

NOVEMBER 19, 2015

Today we continue our long series and look at teaching shippers how to remain strategic when it comes to logistics and their transportation management program. Strategic Logistics: 8 Steps to Controlling Inventory Flow & Driving Warehouse Efficiency. The Use of Data to Create a Successful Transportation Management Program.

Transportation Management 120

Transportation Management Transportation Sourcing Strategies Data 120

GlobalTranz

OCTOBER 21, 2015

For example: Inventory Record Accuracy has to be 98-100% accurate daily. All KPIS have metrics to measure. Effective KPI Management Requires Periodic SLA/KPI Review. The Transportation Management System (TMS) of the 3PL can gain rewards for both parties as well through freight optimization.

KPI 120

KPI Negotiating Skills 3PL Optimal Sourcing 120

ThroughPut

DECEMBER 6, 2023

Businesses can access historical data, market trends, and other external factors and, by plugging in predictive analytics, gain invaluable insights that streamline inventory management, demand forecasting, transportation planning, risk mitigation, and overall decision-making processes.

Predictive Analytics 52

Predictive Analytics Prescriptive Analytics Software Analytics Software Predictive Analytics Software 52

GlobalTranz

APRIL 10, 2017

In addition, managing vendors and inbound logistics can feel like a lot of work for little gain, yet the possible savings by implementing an inbound logistics program can add up through these key ways. Reducing Costs in Shipping with a Focus on Inbound Logistics Strategy. Lowest-Rate Carrier Selection Reduces Your Costs.

Cost Reduction Strategies 179

Cost Reduction Strategies Vendor Strategies Inventory Reduction Negotiating Skills 179

GlobalTranz

MARCH 7, 2016

As explained by Bruce Tompkins , improving the supply chain includes improving service levels through better inventory management, reducing operating costs, reducing order-cycle time, achieving 100-percent accuracy, improving supply chain security and control, and improving flexibility.

Procurement Analytics 120

Procurement Analytics Analytics Software Analytics Supply Chain Planning Software 120

3PL Insights

OCTOBER 6, 2017

Your shipping and distribution can be affected by a number of issues. If you’re handling shipping on your own, there’s more room for error when you have other matters of your business to focus on. Shipping and handling quality is improved when using a 3PL. When choosing a 3PL, it’s important to be picky.

3PL 58

3PL Material Savings Resource Reduction Expense Reduction 58

Talking Logistics

DECEMBER 21, 2018

With Tariffs In Flux, Digital Inventory Technology Might Be The Solution To Holiday Bloated Inventory Levels. 5 Things to Know Before Negotiating Ocean Shipping Contracts This Year. How to Successfully Implement a Transportation Management System. Visibility-Driven Workflow for Transportation Execution.

Video 101

Video Logistics Network Optimization Software Negotiating Skills Supply Chain Planning Software 101

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

Talking Logistics

MAY 13, 2015

Like the multi-billion dollar chemical manufacturer that had been paying market rates for ocean transportation for eight years because nobody realized that their contract, filed away in a drawer by a transportation manager who had left the company, had expired. From the article: Columbia Sportswear added $415.6 million.

Supply Chain Software 100

Supply Chain Software Procurement Analytics Analytics Software Supply Chain 100

ShipBob

OCTOBER 1, 2021

Reduce inventory waste. In bloated supply chains, excess inventory (or worse, deadstock ) takes up valuable storage space that could be used for other products, and costs merchants more in rent or holding costs the longer it sits unsold. 6 tips for lean supply chain management.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 52

Locus

MARCH 4, 2024

In the fast-paced world of supply chain management, Transportation Management Systems (TMS) have become an indispensable tool for retailers seeking to optimize their transportation operations. That said, this solution wasn’t meant for complete logistics management. This is what retailers thought.

Supply Chain Planning Software 52

Supply Chain Planning Software Analytics Software Optimization Software Supply Chain Network Software 52

Supply Chain Shaman

MAY 13, 2015

I knew nothing about the world of logistics, inventory management and order optimization. Warehouse Management and Transportation Management were in their infancy. It is usually driven by the logistics and transportation functions. In this evolution, cash, information, and inventory flows grow in importance.

Supply Chain Design Software 150

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Agile and Lean Supply Chain 150

Intelligent Audit

NOVEMBER 3, 2022

This is why transportation network optimization is important. What Is Transportation Network Optimization? Transportation network optimization is simply streamlining your network of logistics carriers, the methods for shipping, and the processes for managing the network. Ready Your Data.

Network Optimization 52

Network Optimization Supply Chain Network Software Optimization Software Modeling 52

Kanban Logistics

FEBRUARY 27, 2020

It’s home base for sophisticated eCommerce operations, high-velocity retail distribution, vendor managed inventory, and a variety of other services. Multi – channel capabilities : The WMS can manage inventory and orders related to both B2B and B2C simultaneously. FedEx, USPS and UPS) for real-time shipping updates.

Warehousing 52

Warehousing 3PL Negotiating Skills Logistics Network Optimization Software 52

Veridian Solutions

OCTOBER 16, 2019

However, changing customer behaviors, including the increased demand for more e-commerce deliveries thanks to Amazon’s rollout of free, next-day shipping for Amazon Prime members, could push the industry further than the last year. Experts believe the 2019 peak shopping season will fall short of 2018. Enhanced traceability of shipments.

Warehousing 45

Warehousing Supply Chain Software Demand Planning Software Inventory Management Software 45

GlobalTranz

APRIL 8, 2015

The transportation management system, or often referred to as TMS, is a great example of how this technology is being used to create a more interconnected space both digitally and physically. Scalability in the transportation management industry is simple yet often hard to come by. Scalability. Real Results.

Supply Chain Network Software 120

Supply Chain Network Software Logistics Network Optimization Software Demand Planning Software Modeling Software 120