Logistics Viewpoints

MAY 17, 2023

Performance today embodies not only the traditional measures of accuracy and cost-efficiency, but also responsiveness and agility. Warehouse operations historically strived to deliver the perfect order – the right product, at the right price, at the right time. But the results of the survey do identify some trends.

Purchasing Skills 131

Purchasing Skills Supply Chain Software Survey Logistics Network Optimization Software 131

Logistics Business Magazine

SEPTEMBER 13, 2022

Neil Adcock, Managing Director at Bis Henderson Consulting , reveals how to unlock the value hidden in returns data. The challenge of handling returns is only likely to grow, as are the costs. Estimates vary, but a typical finding is that returns are costing retailers 21% of order value. Getting hold of the data.

Data 57

Data Cost Reduction Purchasing Skills Sourcing Strategies 57

Logistics Business Magazine

NOVEMBER 23, 2022

A survey series by the Logistics Hall of Fame in cooperation with the logistics insurance broker Schunk Group looks at the current risks facing the logistics industry and how companies are preparing against them. More than ever, current trends and global political developments are creating new challenges and putting pressure on supply chains.

Supply Chain Design Software 69

Supply Chain Design Software Logistics Network Optimization Software Buyer Training Purchasing Skills 69

SYSPRO Smarter ERP

SEPTEMBER 1, 2022

While the concept of reshoring, also known as onshoring, has been a growing trend over the past decade, when the pandemic hit it introduced risk in a way that wasn’t previously considered. Multi-sourcing became more palpable as single sourcing – especially offshore – was understood to be a risky strategy.

Manufacturing Procurement 105

Manufacturing Procurement Supply Chain Planning Software Sourcing Strategies Supply Chain Software 105

Logistics Viewpoints

OCTOBER 8, 2021

According to Bank of America Securities, chicken commodity prices have doubled this year. 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. percent to $73.3

Purchasing Skills 108

Purchasing Skills Logistics Network Optimization Software Manufacturing Procurement Price Reduction 108

Logistics Viewpoints

JANUARY 26, 2021

This means supply chain and logistics professionals need to distinguish between more frequently purchased products and the slower-moving products customers are willing to wait for. In fact, IT spend as a percent of business capex crossed over the prior ~10 year average in 2019 and we see that trend extending in early 2020.”.

Supply Chain Software 161

Supply Chain Software Supply Chain Planning Software Definition Supply Chains 161

Ship Monk

JANUARY 19, 2024

An ecommerce store is a branded website where products from a single seller can be purchased over the internet. Building an online storefront can be as simple as adding an open-source shopping cart plugin, such as WooCommerce, to your WordPress website, or as complex as a custom-coded ecommerce platform like BestBuy.com.

eCommerce 89

eCommerce Logistics Network Optimization Software Optimization Software Purchasing Skills 89

Locus

DECEMBER 22, 2021

Not genius or inspiration or flights of imagination, skill or cunning, but logistics.” — Tom McCarthy. Enterprises that did not adapt to new trends faced the brunt of COVID-19 pandemic. This was majorly due to their inability to understand and adapt to the changing logistics trends. “All great enterprises are about logistics.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software Optimal Sourcing 52

Penske Move Ahead

MAY 9, 2022

In the third annual State of Sustainable Fleets Market Brief , released today and available at no cost, transportation fleets continued to report a resounding trend — their use of clean fuels and advanced vehicle technologies is rapidly progressing. Report authors surveyed nearly 250 U.S.-based

Procurement Analytics 56

Procurement Analytics Purchasing Skills Supply Chain Planning Software Manufacturing Procurement 56

Blue Grace Logistics

MAY 7, 2019

The CFO is also responsible for identifying opportunities to reduce operating costs without sacrificing the quality of the products and services offered by the company. Supply chain and transportation are two of the biggest cost centers in an organization.

Negotiating Skills 48

Negotiating Skills Purchasing Skills Supply Chain Planning Software Supply Chain Software 48

GlobalTranz

MAY 4, 2015

Jabil sponsored a global Dimensional Research survey to capture hard data on current experiences, challenges and trends with the supply chains of electronics manufacturing companies. The results show some of the biggest supply chain management trends in supply chains for 2015.

Supply Chain Software 120

Supply Chain Software Manufacturing Procurement Supply Chains Trends 120

Logistics Viewpoints

AUGUST 4, 2021

Just last month I noted that warehouse labor productivity was hindered extensively by COVID-19 and that 80 percent of ARC’s warehouse survey respondents anticipate an increase of order throughput volumes in 2021. Here are a few more data points supporting the ongoing labor needs of warehousing and transportation operations.

Supply Chain Software 139

Supply Chain Software Supply Chains Procurement Analytics Warehousing 139

IoT World Today

MARCH 27, 2020

Bouncing back more quickly, said experts, will require supply chain managers to turn to new ways of managing the supply chain, including using Internet of Things (IoT) data, analytics and machine learning (ML). And “it’s a great tool,” but there are more sophisticated, more accurate tools to do sourcing.

Supply Chain Planning Software 145

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Procurement Analytics 145

WorkWave

AUGUST 4, 2020

In the grand scheme of things, data analysis falls into the categories of descriptive, predictive, and prescriptive. While descriptive data presents existing figures, predictive data allows you to draw insights from trends in your descriptive data in order to make an educated guess about what might happen next.

Data 91

Data Procurement Analytics Sourcing Strategies Ordering 91

RPA Labs

JANUARY 13, 2022

With continued digital innovation, data from across the supply chain network and even consumer purchasing trends can be easily collected and analyzed to understand historical trends better and predict future demand. Management and Data Sharing Too. ??Even Conduct a Full Cost Versus Benefit Analysis.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Optimization Software Procurement Solutions 52

Material Handling and Logistics

OCTOBER 30, 2018

It’s not news to anyone that digitization is a roaring trend and I’m here to say: embrace it. 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.

Optimal Sourcing 166

Optimal Sourcing Procurement Solutions Procurement Analytics Procurement 166

FreightWaves SONAR

JUNE 1, 2023

Connecting demand signals, order flows and inventory data across those chains enables new algorithmic decision-making that can optimize Walmart’s supply chain for flexibility and responsiveness. When Walmart started, customers came to stores, and they bought general merchandise and consumables,” Furner said.

Supply Chain Planning Software 52

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

GlobalTranz

FEBRUARY 19, 2016

However, modern technologies are dramatically changing procurement trends and how procurement professionals operate and their role in the company. Why Is Technology Driving Procurement Trends and the Role of Procurement? However, many of these processes are becoming increasingly automated.

Manufacturing Procurement 56

Manufacturing Procurement Optimal Sourcing Procurement Analytics Procurement Solutions 56

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

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.

eCommerce 59

eCommerce Maintainability Supply Chain Software Logistics Network Optimization Software 59

Locus

OCTOBER 21, 2022

Between the Covid-19 waves, a trend emerged in the US and the rest of the world that earned the popular name of ‘revenge shopping’. According to McKinsey’s latest consumer pulse survey, Spending in March 2020 was down by 18% as compared to two years later. According to United States Census Bureau data , advance estimates for U.S.

Supply Chain Planning Software 52

Supply Chain Planning Software Meeting Optimal Sourcing How To 52

Freightos

FEBRUARY 16, 2020

In addition to the terrible human cost, the virus is also sending ripples throughout the global supply chain. 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. The (Digital) Rise of SMBs.

Supply Chain Software 71

Supply Chain Software Supply Chains Purchasing Skills Manufacturing Procurement 71

Locus

OCTOBER 16, 2022

Last-mile reverse logistics is the process of moving goods from the final destination (customers) to their source (fulfillment center or warehouse). Last-mile reverse logistics determine the post-purchase customer experience and brand loyalty. A survey in 2021 mentioned that of the distance traveled by all carriers in the US, 20.6

Reverse logistics 52

Reverse logistics Optimal Sourcing Sourcing Strategies Logistics Network Optimization Software 52

GlobalTranz

JANUARY 10, 2017

The State of Supply Chain 2016 Trends. A 2016 Accenture survey, reports RF Gen , explained how more companies are taking advantage of AI benefits through linked supply chains. Most importantly, agile methods allowed for faster decision making across a virtually limitless stream of issues, and this trend held true throughout the year.

Manufacturing Procurement 65

Manufacturing Procurement Optimal Sourcing Procurement Analytics Procurement Solutions 65

Material Handling and Logistics

JANUARY 10, 2018

A look at the supply chain trends and technology that will come into play in 2018. While predicting the future is never an easy task, in order to be competitive all businesses need to be able to accurately anticipate what trends will affect them in the coming year. Kristi Montgomery, VP of innovation, Kenco. Investing in Innovation.

Supply Chain Design Software 144

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

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

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

Logistics Bureau

OCTOBER 28, 2020

With so many analytics applications available and all the hype about big data, a lot of companies are drowning themselves in supply chain data to the point where it’s hard to see the wood for the trees. Confusing Strategic with Single (Sourcing). Inventory Management. Supplier Relationships and Management.

Supply Chain Planning Software 82

Supply Chain Planning Software Supply Chain Software Supply Chains Inventory Reduction 82

Logistics Viewpoints

JUNE 17, 2022

According to the annual consumer survey released today by the National Retail Federation and Prosper Insights & Analytics, approximately 76 percent of US adults are expected to celebrate Father’s Day. Container prices jumped in May for first time in 2022. And to celebrate, they will spend.

Logistics Network Optimization Software 119

Logistics Network Optimization Software Purchasing Skills Logistics Procurement Analytics 119

3PL Insights

JUNE 15, 2020

Post-COVID Supply Chain Trends. Looking forward, here are a few supply chain trends that will likely emerge from recent events. According to a Thomas survey of 878 North American manufacturers, 64% reported they were likely to bring production and sourcing back to North America. Visible, Real-time Data is King.

Supply Chain Design Software 52

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 52

WorkWave

MARCH 4, 2020

Every business owner will have specific knowledge, skills, or experience that will be advantageous in building and managing a business. Market research aims to understand why consumers buy a product by blending economic trends and consumer behavior. It is important to know who is being hired, both personality- and skill-wise.

Tips 52

Tips Purchasing Skills Sourcing Strategies How To 52

Logistics Bureau

OCTOBER 28, 2020

With so many analytics applications available and all the hype about big data, a lot of companies are drowning themselves in supply chain data to the point where it’s hard to see the wood for the trees. Confusing Strategic with Single (Sourcing). Inventory Management. Supplier Relationships and Management.

Supply Chain Planning Software 62

Supply Chain Planning Software Supply Chain Software Supply Chains Inventory Reduction 62

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

Logistics Viewpoints

FEBRUARY 3, 2022

Calls are increasing for a return to just-in-case (JIC) policies, with some citing this trend as a risk. Supply chains depend on the flow of information to facilitate the flow of goods, but since information is never perfect supply chains must be trade-off machines, constantly weighing cost against quality, cash, and increasingly carbon.

Inventory Reduction 175

Inventory Reduction Supply Chain Planning Software Supply Chain Design Software Inventory 175

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. The result is a reduction in pre-assembly from 30 to 10 days, in delivery times by up to 10 weeks, and overall production costs by 20 to 25 percent.

Supply Chain Planning Software 121

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

Logistics Bureau

SEPTEMBER 28, 2020

It is at this level that 4PL providers come into their own, making use of digital technologies such as big data and cloud computing to maintain visibility in every link in the supply chain. Sellers can interact with the company at low cost and minimal effort. Working with suppliers to plan smarter supply chain and reduce costs.

4PL 116

4PL Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Design Software 116

Locus

MARCH 20, 2023

The modern customer is aware of their needs and possesses the knowledge and skills to efficiently utilize information and tools to fulfill them. The survey conducted by MetaPack highlights that more than 90% of customers consider delivery a crucial factor when making online purchases. What makes last-mile tracking a challenge?

Efficiency 52

Efficiency Optimization Software Supply Chain Planning Software Cost Reduction 52