Locus

OCTOBER 21, 2022

According to McKinsey’s latest consumer pulse survey, Spending in March 2020 was down by 18% as compared to two years later. rise in comparison to September 2021. The post Revenge Festivities: How To Power Up Your Retail Last-Mile Fulfillment To Meet Soaring Demand appeared first on Locus Blog. billion, which was an 8.2%

Supply Chain Planning Software 52

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Blue Grace Logistics

DECEMBER 15, 2022

The Logistics Blog®. With eCommerce order volumes and consumer demands high and continuing to rise, shippers have turned to LTL in lieu of truckload freight to meet these needs. So, to learn more about these challenges and how companies are addressing rate increases, capacity restraints, and other issues, we sponsored a survey.

Optimal Sourcing 62

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SYSPRO Smarter ERP

OCTOBER 4, 2021

A 2020 SYSPRO survey showed that 60% of manufacturing and distribution businesses were impacted by supply chain disruptions during the pandemic. According to 2021 G2 ERP Statistics 95% of businesses achieve major improvements after using ERP through reducing process times, increasing collaboration, and centralizing enterprise data.

Manufacturing Procurement 119

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SYSPRO Smarter ERP

MARCH 21, 2022

Unless manufacturers change, they will find that their ability to forecast demand, and determine what to do to meet it, will be challenging. Several surveys have reported how SCM in recent years has moved from being a cost center to one responsible for offering superior customer experience and delivering competitive advantage.

Manufacturing Procurement 116

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Locus

AUGUST 7, 2023

billion in 2021, and is expected to reach $288.87 If we consider the average cost of a new car in the United States was approximately $40,000 in 2021, this increase is equivalent to almost 4 billion new cars. This emphasizes the urgent need for businesses to adopt efficient digital solutions to meet these demands.

Negotiating Skills 52

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GlobalTranz

APRIL 6, 2021

If your company’s supply chain survived 2020 and the disruptions of early 2021, it’s safe to say it has passed the resiliency test. In a survey commissioned by GlobalTranz, 59% of supply chain decision-makers reported being concerned about not having the proper workforce to meet customer demand.

Supply Chain Planning Software 75

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FreightWaves SONAR

FEBRUARY 11, 2021

As reported by DC Velocity , “the 2020 Fleet Advantage Industry Benchmark Survey noted, “11% of transportation fleets estimate they have saved more than $1 million in crash avoidance by upgrading to newer trucks with advanced safety features.” That’s especially true when considering the state of the economy and hopes for growth in 2021.

Procurement Analytics 98

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Locus

NOVEMBER 10, 2021

Needless to say, Singles Day 2021 will have shoppers flocking in huge numbers as well. The Logistics of Singles’ Day 2021: Powered by Locus. According to a survey conducted by Bain & Company, 95% of respondents said they intended to take part in the event again in 2021. appeared first on Locus Blog.

Optimal Sourcing 52

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FreightWaves SONAR

JUNE 5, 2023

In this blog post, we’ll walk through some of the obstacles to medium-term demand planning, consider how high-frequency supply chain data can help fill the informational gaps that companies are grappling with, and then look at a real-world example of how the data in FreightWaves SONAR can give insight into the goods economy.

Supply Chain Planning Software 52

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Locus

DECEMBER 22, 2021

The year 2021 has proved it once again that Tom McCarthy was right. Rewind to 2021! 2021 may not be a year for the logistics industry to cherish, but it was a year filled with a lot of takeaways. 2021 pushed businesses to take giant strides in their logistics processes and operations. lifestyle) or involuntarily (e.g.,

Supply Chain Planning Software 52

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FreightWaves SONAR

JULY 10, 2023

This includes sourcing materials, working with vendors, managing warehouses and transportation, and coordinating with retailers to ensure they can meet the changing demands of consumers while remaining profitable. The company’s survey of Fortune 100 companies showed that 77% have implemented hybrid work schedules. and Target Corp.

Data 52

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GlobalTranz

MARCH 17, 2022

Meaning, instead of opting to minimize excess inventory by only ordering what they would need to meet expected orders, they are ordering more additional inventory to avoid shortages. This is putting pressure on manufacturers to overproduce to meet the new demand. Inventory management software is an important solution. According to U.S.

Supply Chain Planning Software 98

Supply Chain Planning Software Inventory Reduction Logistics Network Optimization Software Supply Chain Software 98

Trinity Logistics

SEPTEMBER 22, 2023

In this blog, we’re going to dive into some of the latest trends in the food and beverage industry. In July 2021, the Zero Food Waste Act was introduced to provide grants to businesses that significantly reduce their food waste. The food and beverage industry has faced significant challenges and growth over the past couple of years.

Trends 66

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SYSPRO Smarter ERP

JUNE 27, 2022

A meeting between two pioneers during a cocktail party in 1956 turned out to be a defining moment in the world of manufacturing. Technology meets human capability in the middle. A 2021 study conducted by Deloitte and the Manufacturing Institute (MI) predicts that 2.1 We’ve moved slowly in this area.”. The post Industry 4.0:

Buyer Training 105

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GlobalTranz

SEPTEMBER 29, 2021

The 2021 peak shipping season is on track to break records, and for months, industry experts, including Inbound Logistics, have discussed how the ongoing peak of e-commerce from 2020 will lead to added pressure for this holiday shopping season. Supply Chain Confidence Remains Strong Despite Slight Setbacks .

Supply Chain Software 85

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Logistics Viewpoints

AUGUST 18, 2021

Look no further that the blog of the Whitehouse Council of Economic Advisors for commentary on the connection between supply chains and inflation. Data as recent as the end of June 2021 show that inventories remain below 1.3 Let’s look at some publicly available information on the topic/s. Whitehouse Council of Economic Advisors.

Supply Chains 189

Supply Chains Manufacturing Procurement Purchasing Skills Price Reduction 189

WorkWave

FEBRUARY 26, 2021

To harness that power in 2021, there must be a well-planned strategy that balances brand building, relationships and engagement, and performance marketing. Moving through 2021, make sure you are thinking about the full funnel and not siloing organic social vs. paid social when creating your social strategy.

Digital 64

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SYSPRO Smarter ERP

MAY 14, 2024

It’s a strategic move you’ve likely pondered over countless meetings and budget reviews. As recently as 2021, survey data reveals that 98% of manufacturers have, are, or are planning to implement an eCommerce strategy. There’s also the lingering concern: “Are we just too late to the game?”

Manufacturing Procurement 110

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Locus

APRIL 29, 2022

In 2021, 44.5 – Organizations perceiving CX as a competitive differentiator worldwide 2021, Jan 2022. In a survey on customer experience (CX) among businesses conducted in the United States in 2021, participants were asked what are the main challenges to optimize customer journeys. Makes communication efficient.

Outsourcing 52

Outsourcing Optimization Software Cost Reduction Logistics Network Optimization Software 52

Locus

MARCH 20, 2023

The survey conducted by MetaPack highlights that more than 90% of customers consider delivery a crucial factor when making online purchases. Another survey by Deloitte found that 63% of consumers are willing to pay extra for same-day delivery. There’s also a growing trend of customers prioritizing fast delivery options.

Efficiency 52

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SYSPRO Smarter ERP

NOVEMBER 8, 2021

In 2021 we find governments and organizations now grappling with these predictions and how best to deal with the outcomes of these predictions. Suez Canal blockage 2021. The move to a dual or multiple supplier model will be critical to meet the supply chain demands should any further disruptions occur. US-China trade war 2018.

Supply Chain Planning Software 116

Supply Chain Planning Software Supply Chain Software Supply Chains Sourcing Strategies 116

SYSPRO Smarter ERP

SEPTEMBER 20, 2021

SYSPRO ’s 2020 survey, The Inflection Point for the Factory of the Future , showed that only about one-third (38%) of manufacturers’ business systems had enabled them to meet the challenges posed by the COVID-19 pandemic. Similarly, a 2021 study from McKinsey showed that just 19% of companies that had adopted Industry 4.0

Manufacturing Procurement 110

Manufacturing Procurement Optimal Sourcing Optimization Software Digital 110

Locus

SEPTEMBER 13, 2022

Owning a transport fleet for meeting last-mile delivery needs was a proposition that many retail businesses avoided until the COVID-19 pandemic struck. A survey forecasts that there will be a driver shortage of 97,000 by 2023. The post Owned Vs Outsourced Fleet: What’s Best for Your Fast Retail Business appeared first on Locus Blog.

Outsourcing 52

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