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. Supply Chain Managers and Procurement Professionals Avoid the Conversation.

Manufacturing Procurement 120

Manufacturing Procurement Procurement Analytics Procurement Solutions Optimal Sourcing 120

GlobalTranz

FEBRUARY 13, 2017

According to PLS Logistics , global companies will install procurement managers in China for entire organizations by 2025. There was a time when buying a computer was considered a once-in-a-decade purchase, if not once-in-a-lifetime. Organizations Will Streamline Reverse Logistics.

Resource Reduction 205

Resource Reduction Inventory Reduction Trends Logistics Network Optimization Software 205

Unleashed

FEBRUARY 21, 2024

It covers every aspect of dealing with customer returns, including policy management, reverse logistics, customer service, returned goods inventory management , and developing strategies to reduce return rates. Returns management vs. reverse logistics Returns management refers to managing the entire returns process.

Inventory Management Software 52

Inventory Management Software Inventory Reduction Cost Reduction Strategies Material Savings 52

Intelligent Audit

NOVEMBER 12, 2020

Now, the survey didn’t necessarily emphasize that companies were moving toward logistics analytics. But it did indicate that the overwhelming majority, 81% of simplifying payment processing , while 74% focus more on outsourcing logistics and transportation services. Analytics Must Offer Actionable Insights.

Prescriptive Analytics Software 52

Prescriptive Analytics Software Procurement Analytics Analytics Software Analytics 52

GlobalTranz

DECEMBER 7, 2015

As we close the year of 2015, we want to take a look at some manufacturing trends for 2016. We look at 6 core areas that manufacturing companies will take a long look at as they gear up for a successful 2016. E-Commerce for Manufacturing. Manufacturers will seek custom (or specifically tailored) e-commerce solutions.

Manufacturing Procurement 120

Manufacturing Procurement Analytics Software Trends Supply Chain Design Software 120

Unleashed

AUGUST 20, 2023

If a manufacturer has to wait an extra day for raw materials to arrive, they might lose a customer. In manufacturing, for example, lead time refers to the amount of time it takes for a product to move through the entire production process , from when the initial order or request was made to the final delivery. Let’s dive in.

Manufacturing Procurement 52

Manufacturing Procurement Inventory Reduction Sourcing Strategies Procurement Analytics 52

Logistics Bureau

APRIL 3, 2023

To date, most of our content has covered topics related either to logistics or manufacturing outsourcing. Meanwhile, countries in Southeast Asia, such as Vietnam and Cambodia, are enjoying growth as offshore manufacturing centres.

Optimal Sourcing 73

Optimal Sourcing Cost Reduction Strategies Material Savings Inventory Reduction 73

Enterra Insights

DECEMBER 26, 2019

.”[1] In simpler times, shoppers would return items to the stores in which they were purchased — often exchanging them for other items (a win-win for both the consumer and the retailer). E-commerce has forever changed the reverse logistics formula. Some 61% of U.S. ”[3]. retailers $351 billion in lost sales. .”

Reverse Logistics 100

Reverse Logistics Purchasing Skills Manufacturing Procurement Waste Reduction 100

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.

Retail 245

Retail Logistics Network Optimization Software Supply Chain Software Procurement Solutions 245

TransAudit

DECEMBER 13, 2023

BBB Industries’ sustainable manufacturing processes using recycled materials reduced GHG emissions by 38% compared to virgin resource production. Capturing value after the initial use is not generally part of the process and processes are not designed for reverse logistics in many cases.

Supply Chain Design Software 88

Supply Chain Design Software Supply Chain Design Supply Chain Software Supply Chain Optimization 88

Intelligent Audit

DECEMBER 1, 2021

Before this comes peak season, a time when people place countless online orders or purchase in-store gifts for the holiday season. It’s a time when people return purchases or gifts from the holidays, which can cause issues with customer service and profitability if not appropriately handled.

Procurement Analytics 52

Procurement Analytics Data Supply Chain Software Reverse Logistics 52

SCMDOJO

NOVEMBER 17, 2023

We have Courses like S&OP deployment, Supply Chain Digitalization , , and Negotiation in Procurement. Best Practices like Logistics KPI Dashboard , Inventory Optimization Tool , Excess and Obsolete Inventory Guide , etc. Eight core competencies stand out, encompassing crucial aspects of SCM.

Supply Chain Planning Software 70

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Negotiating Skills 70

Enterra Insights

APRIL 18, 2019

Even when a consumer concludes making an in-store purchase is their best option, they are likely to have used their smartphone to search for other options or to compare prices. The digital path to purchase is becoming the norm for many consumers and both retailers and manufacturers are taking notice. Reverse logistics.

Omnichannel 100

Omnichannel Supply Chain Design Software Supply Chain Planning Software Optimization Software 100

Shipchain

FEBRUARY 14, 2019

Even more critical, authenticity and verification of pharmaceuticals in the reverse logistics pharmaceutical supply chain are essential to preventing tragedy. Medicines are frequently returned to the pharmaceutical manufacturers, resulting from excess inventory or a need to return unsold stock for use in other areas directly.

Pharmaceutical 99

Pharmaceutical Supply Chain Planning Software Supply Chain Strategy Supply Chain Planning 99

Intelligent Audit

AUGUST 5, 2022

million returns before the Christmas holiday, reported Tom Ryan of RetailWire. In other words, 2022 has created the perfect scenario for a pre-Christmas peak within the reverse logistics supply chain. The answer to better reverse logistics management during peak shipping seasons, especially the holiday peak, rests with data.

Reverse Logistics 52

Reverse Logistics Logistics Network Optimization Software Procurement Solutions Demand Planning Software 52

Elementum

DECEMBER 20, 2017

The National Retail Federation reports that this year more than 174 million Americans shopped from Thanksgiving through Cyber Monday (a mere five day window), exceeding their projection of 164 million. In a survey conducted by The Daily Mail, 42% of women reported having returned gifts from their husbands.

Material Savings 76

Material Savings Supply Chain Design Software Supply Chain Design Supply Chain Strategy 76

GlobalTranz

AUGUST 28, 2018

The costs of reverse logistics amount to more than $750 billion per year, and the demand for reverse logistics has risen in recent years with the rise of e-commerce. This is why blockchain in reverse logistics go well together. ISO standards are essential to effective returns management.

Reverse Logistics 121

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

GlobalTranz

MARCH 25, 2016

Near and far, logistics providers and shippers are renewing their focus on sustainability to build the manufacturing giants of tomorrow. As explained by Bob Trebilcock , sustainability in logistics initiatives are ranked as “very important” for up to 40.6 How Important Is Sustainability in Logistics?

Sustainability 120

Sustainability Logistics Network Optimization Software Material Savings Logistics 120

Enterra Insights

FEBRUARY 8, 2021

The rise in e-commerce during the pandemic has been widely reported. Futurist Bernard Marr ( @BernardMarr ) predicts the line between offline and online retail will blur; or as he puts it, “Omnichannel — Offline is online, online is offline.”[2] ”[4] Reda predicts technology will also play a larger role in-store.

Trends 100

Trends Retail Predictive Analytics Software Manufacturing Procurement 100

Logistics Bureau

AUGUST 7, 2023

The ecommerce logistics practitioner must instead integrate reverse logistics into his or her company’s inventory management strategies and processes. BOOK NOW Need help with demand forecasting accuracy? Book a free consultation.

Inventory Management Software 74

Inventory Management Software Inventory Reduction Inventory Management Inventory 74

GlobalTranz

AUGUST 18, 2015

Understanding the history behind today’s available 3rd Party Logistics Companies will help you understand how the respective entity became involved in the process. Companies based on assets have had years of experience in purchasing trucks and managing warehouse inventories. What Predictive Analytics Are Available?

Logistics Network Optimization Software 120

Logistics Network Optimization Software Analytics Software Company Predictive Analytics Software 120

Shipchain

OCTOBER 10, 2019

Additionally, CH Robinson reports that interruptions within the supply chain and inabilities to manage data continue to present challenges in achieving supply chain visibility. The logistics operation of one company, especially if those operations do not follow sustainable practices, could push customers further toward your competitors.

Supply Chain Visibility 48

Supply Chain Visibility Real-time Visibility Supply Chain Software Supply Chain Optimization 48

Locus

MAY 15, 2023

The direct-to-consumer (D2C) model has been gaining popularity among customers for some time now as manufacturers get a lot more room to provide customized brand experiences that bring a lot more delight to consumers, which in turn strengthen brand loyalty. These sentiments reflect in the consistent growth of theIndian D2C market.

Cost Reduction Strategies 52

Cost Reduction Strategies Price Mitigation Strategies SCM Supply Chain Strategy 52

Supply Chain Game Changer

SEPTEMBER 3, 2020

What Exactly Is Reverse Logistics? Optimize Reverse Logistics article and permission to publish here provided by Raanan Cohen at bringg.com. If you think reverse logistics isn’t relevant to your business, think again. Is your business ready for returns and reverse logistics at scale?

Reverse Logistics 54

Reverse Logistics Modeling Optimization Software Optimization Modeling 54

Locus

DECEMBER 22, 2021

Find out the most important logistics trends that could impact supply chains in 2022. – Boston Consulting Group, Climate Action Pays Off in Transportation and Logistics, July 2020. Optimized reverse logistics . The growth in e-commerce purchases has increased the demand for returns through the same channel.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Software Modeling 52

Supply Chain Game Changer

NOVEMBER 19, 2018

Whatever your Industry you should be able to make comparisons to competitors, do benchmarking, and even compare yourself on key metrics across industries. Lean for instance is equally applicable in Supply Chain as it is in Manufacturing or anywhere else. Promoting Supply Chain Value.

Negotiating Skills 84

Negotiating Skills Cost Reduction Strategies Purchasing Skills Inventory Reduction 84

Cathy Roberson

AUGUST 15, 2022

Consumers have not necessarily put the brakes on buying stuff, and it's just that some consumers are being more mindful of what to purchase thanks to inflation. Croc's latest quarter, ending June 30, reported record revenue, up 51% year-over-year and gross profit up 26% year-over-year.

Inventory Reduction 52

Inventory Reduction Resource Reduction Inventory Cost Reduction Strategies 52

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.

Supply Chain Software 120

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

Intelligent Audit

DECEMBER 2, 2021

Parcel reverse logistics and returns management can be strenuous tasks for any company. billion annually, reports Supply & Demand Chain Executive. billion annually, reports Supply & Demand Chain Executive. What Is Parcel Reverse Logistics ? Track Parcels Moving Throughout the Reverse Supply Chain.

Reverse Logistics 52

Reverse Logistics Logistics Network Optimization Software Logistics Supply Chain Software 52

GlobalTranz

FEBRUARY 16, 2016

This is the first of a two-part series where I will curate and cull information from my 4 decades of experience in logistics cost reduction at various positions in the supply chain. In this first part, I will focus on 6 places that you can apply to your organization to reduce costs and increase profit.

Cost Reduction Strategies 120

Cost Reduction Strategies Inventory Reduction Vendor Strategies Material Savings 120

ShipBob

SEPTEMBER 20, 2021

The process involves complex steps, from procurement, to shipping products to end users, often resulting in a lack of visibility and high operational costs. In this post, we take a look at how you can improve your end-to-end supply chain operations and create a seamless workflow to enhance visibility and reduce operational costs.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Supply Chain Design Software 52

Proxima

JULY 16, 2020

At our recent webinar, held with Supply Chain and Logistics consultancy Hatmill, Proxima’s Simon Geale welcomed Joe Metcalf, Johnathan Foster, Neil Jordan, and Simon Dixon to discuss their advice on the tools needed now to achieve supply chain and logistics success across: warehousing, automation, freight, and reverse logistics.

Supply Chain Software 52

Supply Chain Software Supply Chain Strategy Logistics Network Optimization Software Supply Chain 52

Logistics Bureau

JANUARY 7, 2020

Conversely, just 8% of businesses with less capable supply chains report above-average growth. 2) According to a 2012 report into corporate insolvencies by the Australian Securities and Investments Commission, 44% of businesses in Australia failed because of poor strategic management. Procurement costs.

Inventory Reduction 101

Inventory Reduction Cost Reduction Strategies Supply Chain Design Software Vendor Strategies 101

Talking Logistics

AUGUST 1, 2014

Reports 2014 Second-quarter Results. New Breed specializes in services for omni-channel distribution, reverse logistics, transportation management, freight bill audit and payment, lean manufacturing support, aftermarket support and supply chain optimization. . Dun & Bradstreet Launches Supplier Risk Manager™ 2.0.

Logistics Network Optimization Software 150

Logistics Network Optimization Software Logistics Cost Reduction Strategies New York City 150

Locus

JUNE 23, 2023

Read Also: 5 Ways to Ace Last-mile Reverse Logistics What are the Order fulfillment strategies, and which is right for your business? A manufacturer partnering with Amazon or FedEx to fulfill the customers’ online orders is an instance of using a third-party fulfillment strategy. How many orders am I currently shipping?

Inventory Reduction 52

Inventory Reduction Cost Reduction Strategies Resource Reduction Vendor Strategies 52

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] Reverse Logistics Strategies.

Waste Reduction 130

Waste Reduction Reverse Logistics Inventory Reduction Cost Reduction Strategies 130

GlobalTranz

JULY 14, 2015

Most manufacturing processes heavily rely on the use of machinery. However, over the course of several months, this slight change in pressure could cause permanent damage to the machine, or it may cause additional problems for other aspects of the manufacturing process. IoT and Machine Functionality. Automated Data Transfers.

Internet of things 120

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