GlobalTranz

SEPTEMBER 12, 2016

Many different terms, such as less-than-truckload (LTL), procurement and transportation management, describe supply chain management processes. For example, transportation management often focuses on the journey of products after manufacturing. The Definition of Procurement Logistics. Purchased parts and similar items.

Manufacturing Procurement 120

Manufacturing Procurement Procurement Solutions Optimal Sourcing Procurement Analytics 120

Unleashed

JANUARY 16, 2023

When your business is receiving more orders than it’s possible to fulfil in-house, third-party logistics (3PL) can mean the difference between disappointing customers and capitalising on that success. In this guide to third-party logistics: What is 3PL? With all that in mind, 3PLs are not for everyone.

Third Party Logistics 98

Third Party Logistics Logistics Network Optimization Software 3PL Inventory Management Software 98

GlobalTranz

APRIL 25, 2016

Sure, supply chain cost reduction is important in reducing the cost of goods sold (COGS) and increasing profit, but there are other measurements which should not be forgotten. 3 Key Metrics for Measuring Supply Chain Performance Beyond Cost Reduction. 10 Soft Metric Considerations in Measuring Supply Chain Performance.

Procurement Analytics 120

Procurement Analytics Supply Chain Performance Metrics Supply Chain Software 120

Supply Chain Shaman

DECEMBER 12, 2024

Supply chain leaders were slow to adopt advances in Big Data Analytics. In parallel, PE/venture capitalists purchased/consolidated network solutions, slashing R&D and delaying investment, reducing industry capabilities. – The Myopic Focus on Cost Reduces Effectiveness. – Technology Evolution Outpaced Adoption.

Supply Chain Design Software 195

Supply Chain Design Software Supply Chain Planning Software Manufacturing Procurement Supply Chain Design 195

GlobalTranz

DECEMBER 30, 2014

As with the logistics category where we featured 15 most popular blog posts vs. the 10 we covered in the top manufacturing blog posts and supply chain blog posts , we write so many transportation blog posts in that category, we are going to feature the 16 most viewed transportation blog posts. Read the Full Blog Post.

Logistics Network Optimization Software 232

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

BR Williams Supply Chain Management

SEPTEMBER 27, 2021

The Financial Times reports a top executive at UPS expects the supply chain crisis created by the pandemic will inflict lasting damage. To understand what’s going on with third-party logistics , we had an extensive discussion with four industry thought leaders at BR Williams.

Third Party Logistics 95

Third Party Logistics Logistics Network Optimization Software Manufacturing Procurement Purchasing Skills 95

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

GlobalTranz

JANUARY 7, 2015

However, with most of our customer base in the manufacturing field, with the remaining in distribution and other industries, we thought it was vital that we featured some of the other manufacturing blog posts that were also popular in 2014. They are a logistics solutions company, why not ONLY write about logistics?”

Manufacturing Procurement 120

Manufacturing Procurement Manufacturing Purchasing Skills Sourcing Strategies 120

GlobalTranz

JULY 13, 2015

Throughout the supply chain, the use of metrics to track and understand processes provides an invaluable resource for ensuring increased production and customer satisfaction. What Distribution Center Metrics Need Tracking? However, the most important metrics can be categorized into the following eight areas. On-Time Shipping.

Procurement Analytics 120

Procurement Analytics Metrics Distribution Inventory Reduction 120

Arena Solutions

APRIL 4, 2023

The global manufacturing sector has seen an upswing, a technological renaissance of sorts. Since the start of 2012, more people graduating from college and universities are entering the engineering/manufacturing fields. The manufacturing sector has been severely impacted by this trend because production jobs are highly technical.

Manufacturing Procurement 98

Manufacturing Procurement Sourcing Strategies Inventory Reduction Cost Reduction Strategies 98

GlobalTranz

MAY 18, 2018

Meanwhile, more companies are turning to entities outside of the company, like third-party logistics or integrators (3PLs and 3PIs) to manage omnichannel supply chains , reports Maarten Baltussen of Supply Chain Digital. If only online shopping is used, shipping options may include B or D.

Supply Chain Design Software 138

Supply Chain Design Software Supply Chain Software Omnichannel Analytics Software 138

The Logistics of Logistics

MAY 12, 2021

In the past, there were clear lines between traditional retailers and manufacturers. Over 30% of ecommerce purchases are returned, which is an enormous cost and logistics problem. Smart companies will use the returns/reverse logistics process as another opportunity to engage with the customer. Evolution of retail.

Retail 246

Retail Logistics Network Optimization Software Supply Chain Software Procurement Solutions 246

GlobalTranz

AUGUST 28, 2018

Using a combined blockchain and reverse logistics strategy can help alleviate these costs, and supply chain executives need to understand a few things about it Reverse Logistics Carry High Risk in Supply Chain Management Risk within reverse logistics is higher than that and forward logistics.

Reverse Logistics 121

Reverse Logistics Cost Reduction Strategies Logistics Network Optimization Software Purchasing Skills 121

BlueYonder

JULY 25, 2017

The shifts in manufacturing and retail business models, enhanced delivery models, such as last mile and click and collect, along with the innovative advances in technologies, have created significant opportunities for 3PL companies. Get your copy of the Third Party Logistics Guide here. How JDA Can Help.

Third Party Logistics 63

Third Party Logistics Modeling 3PL Modeling Software 63

GlobalTranz

FEBRUARY 7, 2018

Third-party logistics providers (3PLs) have been around for several years, and while 3PLs may have existing software suites, such as our very own transportation management system, the Cerasis Rater, many supply chain managers are still implementing in-house technology solutions that have severe capability limitations.

Supply Chain Design Software 170

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Optimization Software 170

GlobalTranz

AUGUST 1, 2018

Although it may seem counterintuitive for a third-party logistics provider (3PL), like Cerasis, to trumpet such prospects, the resounding impact will drive greater efficiencies in supply chains. As explained by Joe McKendrick of Forbes , the power of blockchain derives from its impact of removing intermediaries.

Supply Chain Planning Software 121

Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software Pharmaceutical 121

GlobalTranz

JUNE 2, 2016

The 3PL gets to know the shippers'/customers' engineers, manufacturing or supply chain experts in the supplin order to eliminate points of failure down the road. This paradigm shift to an embedded 3PL relationship or supplier model requires significant changes in thinking, behavior, culture, and compensation. What’s In It For Me?).

3PL 120

3PL Manufacturing Procurement Optimal Sourcing Resource Reduction 120

Kanban Logistics

SEPTEMBER 9, 2021

The past few years have been quite the rollercoaster for manufacturers. In this article, we’ll look at the latest reports on manufacturing activity, while showing how a third-party logistics (3PL) provider can offer great logistics benefits within the manufacturing industry. Kitting services.

Manufacturing Procurement 52

Manufacturing Procurement Procurement Analytics 3PL Logistics Network Optimization Software 52

Talking Logistics

OCTOBER 18, 2013

Several years ago, I interviewed CIOs and IT executives from leading third party logistics (3PL) companies, and one of the most interesting findings was that their teams spent a majority of their time fixing and cleansing data. Onshoring: Manufacturers capitalise on goods ‘made in the USA’ ( Financial Times ).

Logistics Network Optimization Software 178

Logistics Network Optimization Software Supply Chain Planning Software Logistics Procurement Solutions 178

Unleashed

OCTOBER 6, 2021

Consider Vendor Managed Inventory One way to save costs in inventory is to shift the responsibility of its management to your suppliers using a VMI system. Under a VMI system the supplier, usually a manufacturer, is responsible for optimising the level of inventory held by the distributor.

Inventory Reduction 95

Inventory Reduction Cost Reduction Strategies Material Savings Vendor Strategies 95

GlobalTranz

JANUARY 28, 2019

Analytics will help carriers identify routes and pickups that may not be adhering to stringent consolidation protocols, such as poor palletizing of shipments. The prevalence of discount retailers is also growing in tandem with consumers taking extra care before purchasing a product. The Move to LTL Digital Shipping.

Logistics Network Optimization Software 140

Logistics Network Optimization Software Material Savings Logistics Trends 140

Supply Chain Shaman

MARCH 15, 2016

Sadly, I find each to have a limited view of supply chain analytics. The majority of manufacturing and retail companies want better performing supply chains. The processes are largely batch, using data with great latency (orders and purchase orders). A Critical Review of the Contract Manufacturing Model.

Supply Chain Software 150

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

Supply Chain Matters

JULY 15, 2022

This week, the company announced a reversal in manufacturing and supply chain strategy, as well as a major turnabout. The company will henceforth outsource the manufacturing of its stationary exercise bikes and treadmills to a Taiwan based contract manufacturer. Sourcing was both a cost as well as landed cost decision factor.

Sourcing Strategies 105

Sourcing Strategies Cost Reduction Strategies Expense Reduction Inventory Reduction 105

ThroughPut

MAY 5, 2020

Supply chain costs are defined as costs that constitute a considerable percentage of the total sales price of a product or service. Manufacturers usually define supply chain costs using the total cost of ownership. To this, they add the additional costs incurred before or after the product or service delivery.

Cost Reduction Strategies 64

Cost Reduction Strategies Manufacturing Procurement Inventory Reduction Negotiating Skills 64

SCMDOJO

JUNE 28, 2024

This translates to a plethora of job opportunities across various sectors, from manufacturing and retail to healthcare and technology. Diverse Skill Set Utilization: Multifaceted Role: Supply chain roles often require a blend of analytical, organizational, communication, and problem-solving skills.

Negotiating Skills 82

Negotiating Skills Optimal Sourcing Purchasing Skills Supply Chain Design Software 82

GlobalTranz

JULY 12, 2016

After addressing these key areas, we will then give you 13 practical considerations to layer and weave into these five key areas, all in the hopes of increasing efficiency and realizing warehouse costs savings. 5 Key Areas to Focus on in the Pursuit of Warehouse Cost Savings. Implement a reward system for major victories.

Material Savings 120

Material Savings Cost Reduction Strategies Waste Reduction Optimal Sourcing 120

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. Raw material suppliers and logistics. Demand fluctuations.

Supply Chain Design Software 120

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

GlobalTranz

FEBRUARY 25, 2016

At heart, the circular economy and circular supply chain refer to a transition from raw material to manufacturing center to distribution center to consumer to trash process. For some manufacturers and supply chain entities, the push towards a circular supply chain comes from the federal government. What is the Circular Supply Chain?

Supply Chain Software 120

Supply Chain Software Supply Chain Strategy Supply Chain Supply and Demand 120

GlobalTranz

MARCH 28, 2016

Using AI driven product nature of being and smart attributes, data can be structured to support the needs of ERP applications as well as strategic sourcing and Value Analysis activities , all from one data set. These super-intelligent machines are already taking over factory workers, stock traders, data processors, even news reporters.

Logistics Network Optimization Software 120

Logistics Network Optimization Software Optimization Software Inventory Management Software Modeling Software 120

Enterra Insights

OCTOBER 26, 2021

In the age of e-commerce, the digital path to purchase has a side trail called “Returns.” ” Journalist Suzanne Kapner reports, “The share of online purchases that are returned averages 30% or higher, depending on the category, three times the rate in physical stores.”[1] Return the Item to the Manufacturer.

Waste Reduction 130

Waste Reduction Reverse Logistics Inventory Reduction Cost Reduction Strategies 130

GlobalTranz

FEBRUARY 17, 2016

You can also place a blanket order with a supplier and manage releases versus taking in larger quantities to save costs. Purchasing can place the order and negotiate prices; Production Planning can release these items based on the latest Material Requirements Planning (MRP) report. Source: [link].

Cost Reduction Strategies 120

Cost Reduction Strategies Inventory Reduction Waste Reduction Vendor Strategies 120

Enterra Insights

APRIL 6, 2021

That’s where forecasting and predictive analytics come into play. Predictive analytics involve techniques like data mining and machine learning to predict future trends from past and current data. You might be asking yourself: What is the difference between traditional forecasting and predictive analytics?

Predictive Analytics Software 113

Predictive Analytics Software Predictive Analytics Analytics Software Modeling Software 113

synchrono

JUNE 19, 2017

Jessica Twentyman reported in the Financial Times , that for many manufacturers, supply chain collaboration is stuck in the dark ages. Supply Chain Market reported the closest any manufacturer can get to the magic bullet of efficiency (collaboration) is through greater supply chain visibility.

Real-time Visibility 85

Real-time Visibility Supply Chain Software Manufacturing Procurement Agile and Lean Supply Chain 85

GlobalTranz

AUGUST 18, 2015

With an ever-increasing pool of third-party logistics (3PL) providers to outsource shipping needs to, understanding how to select the best 3PL is the difference between reaching your existing customers and gaining a new market share. What Data Analytics and Business Process Strategy Services Are Offered?

Logistics Network Optimization Software 120

Logistics Network Optimization Software Analytics Software Company Predictive Analytics Software 120

ShipBob

JANUARY 8, 2021

Today, the scenario is quite different as 73% of B2B buyers are millennials who prefer the convenience of purchasing bulk orders online. B2B orders are often purchased less often, sold in bulk, and shipped via freight (or parcel for smaller orders). B2B orders are often repeat purchases done in bulk and ordered less frequently.

Inventory Management Software 96

Inventory Management Software Supply Chain Design Software Optimization Software Logistics Network Optimization Software 96

BlueYonder

JULY 25, 2017

The shifts in manufacturing and retail business models, enhanced delivery models, such as last mile and click and collect, along with the innovative advances in technologies, have created significant opportunities for 3PL companies. Get your copy of the Third Party Logistics Guide here. How JDA Can Help.

Third Party Logistics 40

Third Party Logistics Modeling Modeling Software 3PL 40

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 98

Supply Chain Planning Software Supply Chain Design Software Negotiating Skills Buyer Training 98