Logistics Viewpoints

JUNE 15, 2023

Using computer algorithms, the AI program searches various connected inputs from all available sources to generate human-looking content in the form of text, images, audio, and other synthetic (created) data that is of value to the user. The best course of action is to learn more now. It is not meant to replace warehouse workers.

Supply Chain Software 126

Supply Chain Software Supply Chains Optimization Software Optimal Sourcing 126

Material Handling and Logistics

OCTOBER 30, 2018

With the digitization of the source-to-pay process being a key initiative for many chief procurement officers, to the inherent automation which promises to accelerate innovations such as artificial intelligence (AI), digitization is growing. Digitization is Your Friend. Be proactive about your suppliers! How do you do that?

Optimal Sourcing 166

Optimal Sourcing Procurement Solutions Procurement Analytics Procurement 166

Ship Monk

MARCH 11, 2024

Of course, sometimes following the herd can lead us astray. Third-Party Research By this we mean studies or product rankings conducted by independent sources, such as those conducted by Consumer Reports, CNET, or Wirecutter. In 2022, TikTok surpassed Google as a primary source of information for Gen Z. Absolutely nothing.

eCommerce 89

eCommerce Logistics Network Optimization Software Case Study Procurement Solutions 89

3PL Links

JULY 7, 2023

The Role of Data Analytics in Supply Chain Management | Image source: Pixabay This article describes the transformation that data analysis and the supply chain are fostering and how it will impact business intelligence. Professional training, analytical skills, strategic vision, and, of course, proper systems must all be balanced.

Supply Chain Software 48

Supply Chain Software Supply Chains Data Logistics Network Optimization Software 48

GoShip Blog

JULY 7, 2021

According to the Institute for Supply Management , 75% of the 600+ businesses surveyed in the United States experienced supply chain disruptions. The best course of action to successfully assess risk and prepare for these disruptions is to get support from a logistics and supply chain expert. . Quote Form]. link] .

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Software Supply Chains Logistics Network Optimization Software 98

Logistics Business Magazine

MARCH 24, 2023

Launch risk surveys to individual suppliers to assess financial status and highlight any weaknesses. By undertaking a shared course of action together with suppliers, rather than instructing that improvements are needed, trust will be strengthened at the same time.

Collaboration 55

Collaboration Expense Reduction Cost Reduction Optimal Sourcing 55

AIMMS

FEBRUARY 3, 2020

Moving past waste, water, and C02 reduction, they have begun searching for renewable energy sources, different forms of packaging, and increased efficiency overall. More and more enterprises will be focusing on processes like ethical sourcing, reverse logistics, and using green materials in response to public demands.

Supply Chain Planning Software 133

Supply Chain Planning Software Supply Chain Software Scenario Planning Supply Chains 133

Logistics Business Magazine

JUNE 29, 2023

And, over the past three years, the continuing aftershocks of the COVID pandemic, combined with geopolitical factors and an economic downturn, have caused significant upheaval for shippers, cargo receivers, service providers, brokers, freight forwarders, carriers – and of course consumers.

Supply Chain Planning Software 60

Supply Chain Planning Software Supply Chain Software Sourcing Strategies Logistics Network Optimization Software 60

Freightos

MARCH 17, 2019

Source: SGX, Freightos Baltic Index. So we asked them by conducting a survey in November 2018. This, of course, requires a reputable global freight index. A small but significant share of survey respondents are currently using index-linked contracts. Source: Freightos Index Linking Survey.

Optimal Sourcing 48

Optimal Sourcing Procurement Price Reduction Freight 48

Material Handling and Logistics

FEBRUARY 19, 2018

Our annual salary survey reveals that the typical material handling and logistics professional earns $93,697. As the results of the MH&L 2018 Salary Survey indicate, the size of the paycheck has become almost as important. “If The single biggest challenge facing the industry is lack of qualified workers in all aspects of logistics.”

Survey 118

Survey Manufacturing Procurement Materials Handling Optimal Sourcing 118

Freightos

JUNE 15, 2021

And, of course, when anyone buys goods in a store, part of that cost is freight. Freightos surveyed hundreds of importers who used Freightos.com ’s global freight booking platform in January 2021, and again in June 2021, to see how they’re navigating supply chain challenges. Enter, a global container shortage.

Supply Chains 157

Supply Chains Price Reduction Cost Reduction Logistics Network Optimization Software 157

Logistics Viewpoints

MAY 27, 2021

Capacity can be easily ramped up or down due to product seasonality, holidays and of course global events such as the COVID-19 pandemic. In a McKinsey surveyed, 59% of participants stated that a lack of executive vision was a significant obstacle to the digital transformation of their organization. [2] The payoff is well worth it.

eCommerce 139

eCommerce Optimal Sourcing Supply Chain Software Supply Chain Planning Software 139

Freightos

FEBRUARY 16, 2020

The digitization of commerce created a path for giants like Amazon and Alibaba to dominate their respective storefront/fulfillment and sourcing roles in the market. Tariffs of course have impacted enterprise US businesses in tangible ways including higher costs to purchase imported goods and reductions in US manufacturing.

Supply Chain Software 71

Supply Chain Software Supply Chains Purchasing Skills Manufacturing Procurement 71

AIMMS

FEBRUARY 3, 2020

Moving past waste, water, and C02 reduction, they have begun searching for renewable energy sources, different forms of packaging, and increased efficiency overall. More and more enterprises will be focusing on processes like ethical sourcing, reverse logistics, and using green materials in response to public demands.

Supply Chain Planning Software 62

Supply Chain Planning Software Supply Chain Software Scenario Planning Supply Chains 62

Penske Move Ahead

OCTOBER 1, 2019

The majority of respondents taking part in the 2019 Council of Supply Chain Management Professionals/Penske Logistics Young Professionals Survey, which surveyed more than 100 supply chain professionals under age 30, said they enjoy working in the supply chain and that it makes them content.

Supply Chain Planning Software 25

Supply Chain Planning Software Supply Chain Software Supply Chains Scenario Planning 25

GoShip Blog

JULY 7, 2022

According to a survey by Gatepoint Research, 40% of retailers plan to focus on this as one of their key priorities for 2022. It is possible to use expenses as additional sources of revenue. Of course, if you want your package delivered sooner, you should enlist the help of a courier. The growing trend of same-day delivery.

Optimal Sourcing 52

Optimal Sourcing Optimization Software eCommerce Tips 52

Automotive Logistics

NOVEMBER 20, 2018

Llamasoft’s recent survey on global manufacturing supply chains reveals that more than half of global manufacturers will change their supply chains in response to economic nationalism. Our survey found that 86% of North American manufacturers already use supply chain design software.

Supply Chain Design Software 38

Supply Chain Design Software Supply Chain Planning Software Manufacturing Procurement Modeling Software 38

Penske Move Ahead

OCTOBER 1, 2019

The majority of respondents taking part in the 2019 Council of Supply Chain Management Professionals/Penske Logistics Young Professionals Survey, which surveyed more than 100 supply chain professionals under age 30, said they enjoy working in the supply chain and that it makes them content.

Supply Chain Planning Software 20

Supply Chain Planning Software Supply Chain Software Supply Chains Scenario Planning 20

GlobalTranz

APRIL 6, 2021

Supply chain disruption has many sources: tariffs and trade disputes, natural disasters, pandemics, economic uncertainty and cybersecurity attacks. Of course, toilet paper and paper towels were in short supply as well. Does any of that sound like the past two years or so? What is Supply Chain Resilience?

Supply Chain Planning Software 75

Supply Chain Planning Software Supply Chain Software Supply Chains Manufacturing Procurement 75

Logistics Bureau

JANUARY 7, 2020

Of course, it is helpful to have some statistics on hand to validate the statement above. According to a survey by Deloitte from 2014, 79 % of companies with high-performing supply chains achieve revenue growth superior to the average within their industries. In 2014, a survey by Tompkins Consortium delivered a shocking revelation.

Supply Chain Design Software 122

Supply Chain Design Software Supply Chain Design Inventory Reduction Cost Reduction 122

Ship Monk

AUGUST 8, 2023

Customer complaints are actually the best, most honest source of feedback about your business that you’re ever going to find. Product reviews and post-purchase satisfaction surveys are also good sources, as long as someone is reading them. It may seem like you’re stating the obvious (Of course we got your order!

Ordering 52

Ordering Logistics Network Optimization Software Purchasing Skills Material Savings 52

Blue Grace Logistics

OCTOBER 9, 2019

Shippers, of course, have higher expectations of their service providers and third-party providers have responded by increasing not only their service offerings but also their innovations when it comes to overcoming challenges within the current market environment.

Supply Chain Software 48

Supply Chain Software Optimal Sourcing Logistics Network Optimization Software Supply Chains 48

Logistics Manager

MAY 21, 2020

In particular, the lag in its effects between the large-scale sourcing regions of China and other parts of Asia and the consuming markets of Europe and North America has caused significant build-ups of goods produced in the former regions but not now required in the later.

Cargo 36

Cargo Sourcing Strategies Supply Chains Warehousing 36

Logistics Business Magazine

MAY 4, 2020

In particular, the lag in its effects between the large-scale sourcing regions of China and other parts of Asia and the consuming markets of Europe and North America has caused significant build-ups of goods produced in the former regions but not now required in the later.

Cargo 36

Cargo Industry Manufacturing Procurement Sourcing Strategies 36

247 Customs Broker

SEPTEMBER 24, 2018

In fact, two-thirds of the companies surveyed characterized their omni-channel fulfillment performance (relative to peers in their industry) as average or below, with 30 percent characterizing it as below average. Source: “Omni-Channel Logistics Leaders: Top 5 Inventory Insights,” Adelante SCM & LEGACY SCS.

Optimal Sourcing 28

Optimal Sourcing Inventory Nodes Manufacturing Procurement 28

GlobalTranz

MARCH 9, 2017

Unlike official courses where you get the basics about the trade, online groups provide first-hand freight broker resources. With its over 2,000 members, it’s can be a good source of freight broker tips for your budding brokerage, as well as a good place to ask your questions about the transportation industry.

Tips 50

Tips Freight Supply Chain Planning Software Groups 50

Talking Logistics

NOVEMBER 29, 2017

This is especially true in transportation management, as companies work across many modes, many geographies, and many sources of data, including from GPS and mobile devices. Of course, converting data into actionable intelligence is easier said than done. Why is this so important today? “The

Data 60

Data Transportation Logistics Network Optimization Software Supply Chain Software 60

Logistics Bureau

JANUARY 9, 2019

Of course, it is helpful to have some statistics on hand to validate the statement above. According to a survey by Deloitte from 2014, 79 % of companies with high-performing supply chains achieve revenue growth superior to the average within their industries. In 2014, a survey by Tompkins Consortium delivered a shocking revelation.

Supply Chain Design Software 118

Supply Chain Design Software Supply Chain Design Inventory Reduction Cost Reduction 118

Ship Monk

JULY 27, 2022

We’re talking, of course, about demand forecasting, or the process of predicting customer demand for a product or service. No matter what data sources and forecasting techniques you end up using, knowing the answers to some key questions is the very first step to gauging your individual needs. Guiding Questions for Demand Forecasting.

eCommerce 52

eCommerce Inventory Reduction Cost Reduction Price Reduction 52

The Logistics Academy

SEPTEMBER 28, 2017

Over the course of 2016, real revenue and volume growth in the air and sea freight forwarding markets was remarkably similar globally, but this disguises significant differences across important countries and regions, say analysts who keep a close eye on the market. Source: LogisticsManagement . Digitize or die.

Freight forwarding 56

Freight forwarding Digital Supply Chain Planning Software Freight 56

GlobalTranz

JANUARY 10, 2017

Of course, the human controlling capacity for actual AI is still far from realistic, but the concept of a superior AI did make strides this year. A 2016 Accenture survey, reports RF Gen , explained how more companies are taking advantage of AI benefits through linked supply chains.

Manufacturing Procurement 65

Manufacturing Procurement Optimal Sourcing Procurement Analytics Procurement Solutions 65

Logistics Bureau

SEPTEMBER 26, 2018

The company was replenishing dealers’ inventory on a weekly basis, by direct shipment and cross-docking operations, from source warehouses located near Deere & Company’s manufacturing facilities. Of course, the above case studies are merely summaries of the changes these high-profile brands made to their supply chains.

Cost Reduction 85

Cost Reduction Inventory Reduction Expense Reduction Price Reduction 85

Blue Grace Logistics

SEPTEMBER 12, 2017

Cost is, of course, another important aspect of running a successful business. There is an interesting correlation between the success of the survey and the data technologies that are utilized as more companies start relying on digitized services. The Impact of Technology. Improving Data Shows the Real Strength of Trucking.

Cost Reduction 66

Cost Reduction Logistics Network Optimization Software Price Reduction Sourcing Strategies 66

Blue Grace Logistics

SEPTEMBER 20, 2018

truck drivers still use paper logs to track hours of service, despite the federal mandate, says a new survey with 2,400 respondents from software-as-a-service (SaaS) company Teletrac Navman that provides GPS fleet tracking. . Source: [link]. Even still, one-third of U.S. 28 and another $142 million as of Aug.

Capacity 48

Capacity Negotiating Skills Optimal Sourcing Vendor Strategies 48

GlobalTranz

JUNE 15, 2017

Of course, it is not an absolute must among the logistics skills to have a basic knowledge about IT or technology-specific area to be good at supply chain domain. The reality is being changed very fast, so people are sharing their knowledge and experience as well as are providing their gains as the open source.

Buyer Training 84

Buyer Training Logistics Network Optimization Software Vendor Strategies Supply Chain Software 84

GlobalTranz

JANUARY 17, 2017

Of course, reports Predictive Analytics Times , analytics also possess potential to change how companies obtain the raw materials for their products. In fact, 97 percent of manufacturers cite the IoT as the most important technology to impact the industry, explains a survey by Zebra Technologies, reports Macrofab.

Manufacturing Procurement 82

Manufacturing Procurement Procurement Analytics Expense Reduction Material Savings 82

247 Customs Broker

FEBRUARY 1, 2018

A recent series of surveys conducted by a prominent industry think tank indicates that the current state of global logistics is characterized by extreme urgency and the pressure to deliver above and beyond—regardless of mode. In each case, innovation and disruption was regarded as a “double-edged” sword.

Logistics Network Optimization Software 28

Logistics Network Optimization Software Global logistics Supply Chain Planning Software Supply Chain Software 28