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.” The data from benchmarking trucking fleets provides companies with a wealth of information.

Procurement Analytics 98

Procurement Analytics Trucking Optimization Software Operations 98

Logistics Viewpoints

AUGUST 18, 2021

Data as recent as the end of June 2021 show that inventories remain below 1.3 With that said, let’s take a look at some recent and more granular data on sales, prices, and supply chain performance. I question if this is a data anomaly. Supply shortages, low inventory to sales ratios, and hiring lags are noted as factors at play.

Supply Chains 189

Supply Chains Manufacturing Procurement Purchasing Skills Price Reduction 189

Ship Monk

JUNE 6, 2022

When you start a direct-to-consumer business (DTC), you can gather market data and make some educated assumptions about your product, but until you start generating sales they’re all just best-guesses. As your business grows, data about your customers becomes more readily available and far more valuable. It’s an ongoing journey.

eCommerce 59

eCommerce Maintainability Supply Chain Software Logistics Network Optimization Software 59

Logistics Viewpoints

APRIL 14, 2022

Experts from North Carolina State University and GEP conducted a survey on supply chain, procurement and IT leaders to determine their challenges and priorities, focusing on examining gaps in the supply chain. The study found that these leaders considered the largest gap to be between supply chain and procurement, citing it as a major issue.

Supply Chain Planning Software 125

Supply Chain Planning Software Supply Chain Software Collaboration Supply Chains 125

Logistics Business Magazine

AUGUST 11, 2023

Even though many ecommerce merchants use data-backed buying personas, that provide insight into the purchasing decisions of their customers, many are only truly starting to get to grips with the next part associated with buying personas – and that is appreciating that consumers have delivery personas too.

Groups 60

Groups eCommerce Purchasing Skills Procurement Analytics 60

Logistics Viewpoints

AUGUST 23, 2021

In one McKinsey survey of more than 100 large organizations in multiple sectors, companies that regularly collaborated with suppliers demonstrated higher growth, lower operating costs, and greater profitability than their industry peers. McKinsey, the global consulting firm, has done research and writing on supply chain collaboration.

Collaboration 163

Collaboration Supply Chain Planning Software Optimal Sourcing Modeling Software 163

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. SCM solutions provide oversight of materials and products, and their associated data, as they move through the supply chain from supplier to consumer. How Supply Chain Management is changing.

Manufacturing Procurement 116

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software Supply Chains 116

Logistics Viewpoints

JANUARY 26, 2021

The hyper-focus on meeting customer expectations is also creating pressures upstream in the supply chain, as manufacturers extend visibility and collaboration beyond their own walls to avoid any disruptions. To meet customers’ growing expectations for personalized offerings, the typical company’s product lines have grown exponentially.

Supply Chain Software 161

Supply Chain Software Supply Chain Planning Software Definition Supply Chains 161

Ship Monk

SEPTEMBER 14, 2023

They’re researching before they purchase, and they’re purchasing wherever and whenever they see something they like. Social commerce — Facebook, Pinterest, and Instagram used to be strictly places for inspiration and peer recommendations, with links that would redirect a consumer to a website or marketplace to make a purchase.

Inventory Reduction 64

Inventory Reduction Price Reduction Cost Reduction eCommerce 64

GlobalTranz

OCTOBER 11, 2018

According to Randy Strang of Supply Chain 24/7, a survey of the most important parts of a shopping experience found customers’ expectations are more than meets the eye. Up to 62 percent want to purchase online and have the option of returning it in-store, and 47 percent want promotions and coupons available through their smartphone.

Inventory Reduction 74

Inventory Reduction Price Reduction Cost Reduction Supply Chains 74

GoShip Blog

APRIL 22, 2022

When demand forecasting steps into the game, it allows retailers to meet their customers’ needs. According to statistics, about 80% of customers prioritize personalized service when purchasing. You’ll get to know your target audience better and tailor your product offers to meet its needs by demand forecasting. Collect the data.

Supply Chain Planning Software 40

Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software Supply Chains 40

Material Handling and Logistics

OCTOBER 30, 2018

In a recent Forrester study, they found the problem to be poor quality data. Digitization is your friend, but quality data is your foundation. Procurement helps companies adapt, meet new regulatory requirements and shift supply to optimize an evolving tariff landscape. Be proactive about your suppliers! Boost Your Employees.

Optimal Sourcing 166

Optimal Sourcing Procurement Solutions Procurement Analytics Procurement 166

Logistics Viewpoints

NOVEMBER 18, 2021

Expectations for short delivery times, 100% fulfillment accuracy, and large product selection and availability have become a key deciding factor on which customers make their purchase decisions. The key here is in analyzing data in real time – tasks which are well suited for AI. Workforce Planning. Again, a problem well suited for AI.

Optimization Software 154

Optimization Software Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software 154

Bringg

NOVEMBER 13, 2020

Meeting volume with capacity alone does not necessarily address customer experience and operational efficiency. A recent survey by Oracle cites that 66% of respondents will prefer home delivery over other fulfillment methods. In fact, sometimes it may complicate it. So will more drivers do that? You can have tons of drivers.

Operations 62

Operations Logistics Network Optimization Software Modeling Software Optimization Software 62

Logistics Business Magazine

OCTOBER 25, 2022

Returning goods has become as an established part of shopping as buying them, since being accelerated during the era of growth in online shopping, where goods are purchased without being tried. Clothing topped the list of items people shop for by far, with almost a third of purchases returned (32%). Shoes come next (15%).

Cost Reduction 59

Cost Reduction Inventory Reduction Purchasing Skills Procurement Solutions 59

Turvo

JULY 31, 2020

As further reported by DC Velocity , “Pennsylvania-based omnichannel technology provider Radial surveyed 1,000 consumers across the United States about their 2020 holiday shopping plans and found that, despite the pandemic, most do not plan to change their spending significantly or shop earlier compared to 2019. It is that simple.

Supply Chain Planning Software 61

Supply Chain Planning Software Supply Chain Software Resource Reduction Procurement Analytics 61

Logistics Viewpoints

MARCH 6, 2023

GEON Performance Solutions purchases plastic pellets and add plastic compounders to make products of different strength, resilience, and flexibility. At a high level, what GEON does is purchase plastic pellets and add plastic compounders to make products of different strength, resilience, and flexibility.

Supply Chain Planning Software 141

Supply Chain Planning Software Supply Chain Transformation Scenario Planning Supply Chain Software 141

Logistics Viewpoints

OCTOBER 8, 2021

Walmart has its first customer, as Home Depot will use Walmart drivers to deliver paint, tools, and other online purchases to customers’ doors. billion in July, according to Commerce Department data released Tuesday. The median estimate in a Bloomberg survey of economists was for a shortfall of $70.8 percent to $73.3

Purchasing Skills 108

Purchasing Skills Logistics Network Optimization Software Manufacturing Procurement Price Reduction 108

Material Handling and Logistics

JANUARY 10, 2018

These standards define how IoT devices will communicate, and how data will be collected, processed, handled, stored, and summarized. Strong players in the market will emerge as platform providers to aggregate the IoT data and provide key insights into that data that drive better business decisions in 2018.

Supply Chain Design Software 144

Supply Chain Design Software Supply Chain Software Supply Chain Design Supply Chains 144

Blue Grace Logistics

JULY 27, 2021

Improving predictability in outcomes is valuable, but ensuring your supply chain is nimble enough to act on the data is even more so. We explore how predictive analytics and big data with human sentiments can add value and amplify their supply chain strategies. The presence of data throughout the supply chain is vital to its evolution.

Procurement Analytics 62

Procurement Analytics Supply Chain Planning Software Supply Chain Software Supply Chain Design Software 62

FreightWaves SONAR

JUNE 1, 2023

At its annual Investment Community Meeting in April in Tampa, Florida, Walmart’s management team took the opportunity to lay out an ambitious transformation of its supply chain. As management reminded Wall Street at its Investment Community Meeting down in Tampa: Everyday Low Prices are only enabled by Everyday Low Costs. Walmart U.S.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Negotiating Skills Supply Chains 52

Morai Logistics

OCTOBER 18, 2018

In fact, a staggering 88% of consumers who participated in the 2018 Global Consumer Insights Survey , confirmed they would pay more for ‘same-day or faster delivery’. Omni-channel retailing has also given customers the ability to purchase product across a variety of platforms and devices.

Logistics Network Optimization Software 74

Logistics Network Optimization Software Manufacturing Procurement Procurement Solutions Logistics 74

Logistics Business Magazine

OCTOBER 1, 2020

Conducted in partnership with third-party market research firm Martec, the survey analysed where global shippers stand today on sustainability to garner a better understanding of how supply chain leaders are approaching it and where they see the greatest opportunities for growth.

Supply Chain Planning Software 42

Supply Chain Planning Software Supply Chain Software Supply Chains Scenario Planning 42

Conger

JULY 30, 2021

With the rise of eCommerce, consumers have more purchasing options than ever before. There are 5 ways that customers can order, receive, or return their purchases. Ship from store : A buyer purchases a product on a seller’s website. In-store purchase, home delivery : A buyer purchases products from a store.

Inventory Reduction 52

Inventory Reduction Distribution Vendor Strategies Waste Reduction 52

Logistics Business Magazine

NOVEMBER 24, 2023

His statements are based not only on discussions with experts from the industry and research, but also on data from Setlog customers who use the SCM tool OSCA. To ensure that more truck drivers are back home in the evening, for example, the forwarding association Elvis wants to set up a meeting network for full truck loads.

Supply Chain Planning Software 59

Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software Optimization Software 59

Ship Monk

AUGUST 30, 2023

According to an ongoing study of 3,036 Shopify stores, the average conversion rate (visits that resulted in purchases) in 2022 was 1.3%. You can also track conversion rates for other actions you want customers to take, such as email signups or social followers, but an ecommerce conversion rate commonly tracks those that result in a purchase.)

eCommerce 52

eCommerce How To Procurement Analytics Purchasing Skills 52

Logistics Viewpoints

MARCH 3, 2023

And while this definitely points to an industry making strides, a recent Procurious survey found that 75 percent of women in supply chain experience gender-based adversity. Trade between China and Canada hit record levels in 2022, with imports breaking the $100-billion mark for the first time, Statistics Canada data show.

Supply Chain Planning Software 121

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

Logistics Business Magazine

JULY 1, 2022

Over the past two years, many things have changed fundamentally in the industry, including purchasing and consumer behaviour. That is why we have conducted extensive surveys and analysis. BB: Firstly, there is the potential of digitalization, particularly the growing importance of data- and cloud-based solutions.

Supply Chain Planning Software 58

Supply Chain Planning Software Supply Chain Software Optimization Software Modeling Software 58

Logistics Business Magazine

JUNE 13, 2022

Over the past two years, many things have changed fundamentally in the industry, including purchasing and consumer behaviour. That is why we have conducted extensive surveys and analysis. A: Firstly, there is the potential of digitalisation, particularly the growing importance of data- and cloud-based solutions.

Supply Chain Planning Software 58

Supply Chain Planning Software Supply Chain Software Modeling Software Procurement Solutions 58

EazyStock

JUNE 21, 2022

Cloud computing, often referred to as ‘the cloud’, is simply the process of running programs and storing data over the internet rather than using a local or personal server. There could be multiple reasons for this reluctance to move data over to the cloud. The transition to cloud solutions in supply chain management.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Optimization Software Modeling Software 52

GlobalTranz

APRIL 5, 2016

However, a growing omnichannel, e-commerce market share is making shippers look to squeeze every drop from data-rich environments to leverage capabilities and services to reduce costs to the end-user. Consequently, 3PL Logistics Companies must expand their services. 3PL Logistics Companies Expand Services. They get lost or misplaced.

Negotiating Skills 55

Negotiating Skills Logistics Network Optimization Software 3PL Purchasing Skills 55

Logistics Bureau

APRIL 21, 2020

Major US wireless carriers such as Comcast, Verizon, and AT&T, are lifting data caps to allow consumers unlimited usage without extra cost, cancelling late-payment fees, and launching programmes to provide Internet service to low-income citizens. There have been some Internet problems, however.

Ordering 62

Ordering Supply Chain Planning Software Resource Reduction Video 62

Logistics Business Magazine

JANUARY 12, 2022

Consumers are feeling the effects of supply chain issues first-hand, with over half (57%) of global consumers (58% UK) saying they have recently experienced one or more items not being available, have had to purchase alternatives when preferred products were not available, or have had to go to different retailers to find items in stock.

Supply Chain Design Software 57

Supply Chain Design Software Supply Chain Software Supply Chain Design Supply Chains 57

ShipLilly

MARCH 20, 2023

Elsewhere, the Bank of Canada business survey for the 4th quarter of 2022 indicated that there were still price adjustments pending and that many of these relate to previous supply disruptions. For example, data from the Institute for Supply Management showed that commodity shortfalls in some product categories (e.g.,

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Supply Chains Scenario Planning 52

3PL Links

NOVEMBER 14, 2016

While many retailers are better versed in meeting in-store customer needs, experts argue that they have many challenges when it comes to handling digital operations, more specifically with regards to warehousing. Keeping the 3PL Vendor up to date on purchase orders.

Supply Chain Planning Software 54

Supply Chain Planning Software Supply Chain Software Supply Chains Vendor Strategies 54

Logistics Viewpoints

APRIL 29, 2022

It includes free shipping of online purchases, free grocery deliveries to the home for orders of at least $35, prescription discounts and other benefits. The hands-free gadgets send and receive data over the internet. Walmart+ costs $98 per year, or $12.95 The proprietary Truckload Demand Indicator hit 58 — the lowest since June 2020.

Inventory Reduction 109

Inventory Reduction Logistics Network Optimization Software Manufacturing Procurement Purchasing Skills 109

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

Efficiency Optimization Software Supply Chain Planning Software Cost Reduction 52