GlobalTranz

DECEMBER 18, 2014

All metal fabricators realize that they have to do some analyses before the company purchases equipmen t or hires new people, but now there seems to be a new intensity about the process. Use a Third Party Logistics Company : A prominent report supports the rising using of 3PLs as a way for shippers to take a competitive advantage.

Manufacturing Procurement 236

Manufacturing Procurement Manufacturing Purchasing Skills Sourcing Strategies 236

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

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

RFgen

DECEMBER 19, 2024

Data-Driven Decision Making : Using analytics to continuously refine operations. Key Benefits and Business Impact Warehouse optimization offers significant advantages across multiple areas: Cost Reduction: Expect a decrease in operational expenses, lower labor costs, and reduced energy consumption.

Optimal Sourcing 97

Optimal Sourcing Optimization Software Waste Reduction Inventory Reduction 97

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. The Future of Third-Party Logistics.

Third Party Logistics 95

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

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. Replacement parts.

Manufacturing Procurement 120

Manufacturing Procurement Procurement Solutions Optimal Sourcing Procurement Analytics 120

GlobalTranz

OCTOBER 13, 2017

Consequently, last mile logistics is finally in a position to become part of this push toward faster fulfillment. Combined with the upcoming electronic logging devices (ELD) mandate, the use of smart tech to track last mile logistics will grow. Analytics Will Drive Last Mile Logistics Costs Down.

Logistics Network Optimization Software 204

Logistics Network Optimization Software Trends Procurement Analytics Logistics 204

BlueYonder

JULY 25, 2017

According to the 2017 EFT Report, “ How to Thrive in a World of Commoditized Logistics ,” almost 48 percent of shippers reported they’re looking for new ideas and solutions from their 3PL providers. Get your copy of the Third Party Logistics Guide here. Commoditization is the Biggest Challenge for 3PLs.

Third Party Logistics 63

Third Party Logistics Modeling 3PL Modeling Software 63

Logistics Bureau

DECEMBER 24, 2024

Over the last 10-15 years, outsourcing of logistics activities to third-party logistics service providers has become increasingly popular. Research indicates that up to 75% of firms report positive impacts from outsourcing to logistics service providers (Langley J, Capgemini 2007). But what of the balance?

Warehousing 52

Warehousing Negotiating Skills Purchasing Skills Transportation 52

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 Transportation Management Optimization Software 100

GlobalTranz

FEBRUARY 19, 2016

As time passed, procurement gradually gained a larger role in the scope of manufacturing and order fulfillment. By the mid-1950s , procurement had become a commonplace aspect of minor business, and procurement was almost comparable to secretarial work. Why Is Technology Driving Procurement Trends and the Role of Procurement?

Manufacturing Procurement 120

Manufacturing Procurement Procurement Analytics Optimal Sourcing Procurement Solutions 120

Logistics Bureau

OCTOBER 11, 2024

Procurement has never played such an important role in the increasingly globalised economy. Has procurement fundamentally changed itself in the past 10 years? Strategic Procurement can mean totally different things in different industries and sectors. The time when Procurement was almost a synonym to Purchasing has long gone.

Manufacturing Procurement 98

Manufacturing Procurement Optimal Sourcing Procurement Analytics Procurement Solutions 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. Download white paper.

Supply Chain Design Software 138

Supply Chain Design Software Supply Chain Software Omnichannel Analytics Software 138

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 Lean Cost Reduction Strategies 120

The Logistics of Logistics

MAY 12, 2021

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. Tecsys’ shares are listed on the Toronto Stock Exchange under the ticker symbol TCS. .

Retail 246

Retail Logistics Network Optimization Software Supply Chain Software Procurement Solutions 246

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

Supply Chain Shaman

DECEMBER 12, 2024

Global supply chains are built on three assumptions: rational government policy, availability of transportation resources, and low variability. Supply chain leaders were slow to adopt advances in Big Data Analytics. What is the state of readiness of your third-party logistics and contract manufacturers?

Supply Chain Design Software 195

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

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

JANUARY 25, 2017

Last year, the technology trends in logistics seemed straightforward, and many of our technology predictions came true. Technology in logistics grew beyond imagination in 2016, and you need to understand how and why. Mostly, TMSaaS is poised to sweep the market and steal the proverbial thunder from EDI-exclusive systems.

Logistics Network Optimization Software 120

Logistics Network Optimization Software Supply Chain Design Software Predictive Analytics Software Supply Chain Planning Software 120

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. and “What is a transportation provider?” As a result, the answers to “What is a warehouse?”

Logistics Network Optimization Software 178

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

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

Talking Logistics

APRIL 21, 2016

It’s rare that a shipper or third party logistics (3PL) provider has the luxury to sit back and roll out perfect operations and systems strategies, perfect improvement programs or perfect projects. Shippers and 3PLs often struggle to build a single data set of their transportation costs. Data is always an issue.

Optimal Sourcing 100

Optimal Sourcing Transportation Purchasing Skills Supply Chain Design Software 100

GlobalTranz

DECEMBER 19, 2017

Furthermore, more carrier options is essential to landing better contracts with existing carriers when it comes time to renew or renegotiate your contracts, reports Averitt Express. Pay a realistic wage, and stay in tune with national driver averages, reports Dustin Braden of the Journal of Commerce (JOC ).

Capacity 186

Capacity Optimization Software Logistics Network Optimization Software Supply Chain Network Software 186

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

BlueYonder

JULY 25, 2017

According to the 2017 EFT Report, “ How to Thrive in a World of Commoditized Logistics ,” almost 48 percent of shippers reported they’re looking for new ideas and solutions from their 3PL providers. Get your copy of the Third Party Logistics Guide here. Commoditization is the Biggest Challenge for 3PLs.

Third Party Logistics 40

Third Party Logistics Modeling Modeling Software 3PL 40

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

GlobalTranz

JANUARY 29, 2019

This level of supply chain and logistics automation will use technology embedded within video analytics to offer drivers an extra hand in the course of duty. However, 2019 will see more companies develop like freight tendering and scheduling systems that will allow companies to streamline logistics management.

Supply Chain Software 158

Supply Chain Software Supply Chain Design Software Logistics Network Optimization Software Trends 158

GlobalTranz

DECEMBER 17, 2014

For example, on average the cost savings from automating a manually processes purchase order is $9.89, for an invoice is $11.58 Looking at 2013 research, 46% of the companies surveyed use EDI “heavily” with an additional 31% reporting “some: EDI usage. Top 6 EDI Integration and General EDI Myths Busted.

Supply Chain Network Software 233

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

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

The Logistics of Logistics

MARCH 11, 2013

A new Bloomberg Business Week Research Services survey and report makes it clear that innovative supply chain tools are widely acknowledged to be crucial to meeting corporate goals now and in the future as supply chains grow more complex, customers become more demanding and globalization accelerates. Intrieri Consulting in Orange County, CA.

Real-time Visibility 113

Real-time Visibility Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 113

The Logistics & Supply Chain Management Society

FEBRUARY 16, 2023

As a result, organisations have had to rely on a larger number of suppliers and third-party logistics to meet this demand. Procurement, activities such as strategic sourcing, are one of the main processes in the supply chains that can generate a positive impact on companies by giving them a competitive advantage in the market.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain Sourcing Strategies Optimal Sourcing Purchasing Skills 130

BR Williams Supply Chain Management

DECEMBER 14, 2021

FreightWaves Ratings names BR Williams the best trucking and transportation company in Alabama. A family-owned trucking, third-party logistics (3PL ), and eCommerce fulfillment company , BR Williams was awarded this title through FreightWaves Ratings. They are considered a trusted source in the industry.

Alabama 98

Alabama Company Third Party Logistics Logistics Network Optimization Software 98

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

APRIL 17, 2018

Those needing to ship parcel in volume should negotiate shipping rates with all applicable carriers, including local and regional carriers, reports David Butcher of ThomasNet. This may include working with a third-party logistics provider (3PL) to secure the best rates, especially if you are already locked into an existing carrier contract.

Material Savings 151

Material Savings Shipping Cost Reduction Strategies Negotiating Skills 151

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

GlobalTranz

MAY 22, 2018

Parcel spend management is growing in importance, and shipper workforces are becoming more diverse, reports Marilyn Gettinger of Parcel MEDIA , which may strain existing work relationships and require use of people analytics to boost morale. The Guide to Reduce Parcel Shipping Costs thru Effective Transportation Management Practices.

Cost Reduction Strategies 122

Cost Reduction Strategies Expense Reduction Negotiating Skills Purchasing Skills 122

GlobalTranz

JANUARY 21, 2019

We will delve into what will set third-party logistics providers apart in the coming year, and what to expect as e-commerce continues to merge with brick-and-mortar retail. We will turn over each stone and consider how innovative technology will shape the future of shipping and logistics. Reverse logistics.

Trends 152

Trends Shipping Purchasing Skills Supply Chain Software 152