Logistics Viewpoints

NOVEMBER 3, 2021

Second, what market trends are emerging? Fourth, what is the network effect and how can it enhance supply chain management operations? Market Trends. Right now, the mega trend is that the focus is on inbound supply chains rather than outbound. DoorDash, for example, connects restaurants with drivers for home delivery.

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3PL Links

DECEMBER 28, 2023

Top Game-Changing Logistics Trends for 2024: Redefining Global Supply Chains | Image source: Flickr Understanding logistics trends is essential for business, and trend research may help organizations of all sizes predict changes, spot areas for innovation, and remain relevant in a market that is becoming more and more competitive.

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Logistics Bureau

JULY 18, 2022

For example, you don’t want to assume that a single logistics strategy and service approach will meet all your customers’ needs. It may do, but how do you know? Step 2: Gap Analysis – Customer Requirements and Supply Chain Trends. Naturally, the first part of this task will be to research and clarify those key trends.

Inventory Reduction 106

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Logistics Bureau

OCTOBER 10, 2022

For example, you can optimise for cost, profit, or service, but not for all of them. For example, inaccurate forecasts typically lead to: Overstocking — a problem that ties up working capital and can lead to inventory obsolescence. How to Improve Forecast Accuracy for Optimal Inventory. How Does Lead Time Affect Inventory?

Inventory Reduction 114

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3PL Links

DECEMBER 3, 2023

Predictive Analysis in Logistics and Supply Chain: How to Apply | Image source: Pexels In logistics, predictive analysis is simply the process of identifying and forecasting patterns, trends, and behaviors in both human and machine learning approaches, data, and algorithms.

Supply Chain Planning Software 48

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Logistics Business Magazine

JULY 15, 2022

Increased wages and benefits haven’t been enough to reverse the trend. As a result, we’re seeing some developing trends heading into the second half of the year.”. Specifically, Honeywell sees six trends emerging in the warehouse and DC industries. Increasingly aggressive adoption of proven automation technologies.

Supply Chain Software 71

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Trinity Logistics

SEPTEMBER 16, 2021

Before we jump into how to reduce your transportation costs, it’s essential to understand what factors are causing them to rise. Demand is far exceeding supply, and this trend is expected to continue through the rest of 2021. Reviewing historical records and analyzing trends can help uncover any slow processes and extra costs.

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Bringg

AUGUST 5, 2020

This post looks at how click & collect works, why demand for it is trending now, and what retailers can do to ensure click & collect experiences that are also good for their business. While interest in click & collect is not new, 2020 saw a massive spike in demand and turned it into one of the hottest retail trends.

Trends 118

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Ship Monk

AUGUST 30, 2023

Today we’re going to look at how to calculate ecommerce conversion rates, identify some things that may be turning customers away, and what you can do to improve conversion rates. The post How to Boost Your Ecommerce Conversion Rate appeared first on ShipMonk | Fulfillment Center | Order Fulfillment Services. Where Should You Start?

eCommerce 52

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Blue Grace Logistics

NOVEMBER 3, 2022

How to Prepare an Efficient Transportation Budget Show Submenu Resources. Learn how to build your shipping budget correctly. How to define your transportation needs. The economic forecast for the next six months and how it could potentially impact the amount of goods you need to ship during that period. . Whitepaper.

Efficiency 62

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GlobalTranz

JANUARY 23, 2019

Shippers that wish to succeed in 2019 need to know the top trucking and freight management trends for 2019 and how they will affect shipping practices, global trade, last-mile , and even drivers. For example, Brexit and uncertainty regarding tariffs will contribute to more negotiations and instability. DOWNLOAD CALCULATOR.

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EazyStock

JANUARY 6, 2023

As we step into the unknown of 2023, here are some key trends and issues affecting supply chain management to help you prepare your strategies. Demand forecasting software can integrate with your ERP or business system to automatically generate a demand forecast that considers demand variance, seasonality, trends and promotions.

Supply Chain Planning Software 52

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EazyStock

JANUARY 6, 2023

As we step into the unknown of 2023, here are some key trends and issues affecting supply chain management to help you prepare your strategies. Demand forecasting software can integrate with your ERP or business system to automatically generate a demand forecast that considers demand variance, seasonality, trends and promotions.

Supply Chain Planning Software 52

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EazyStock

MARCH 22, 2022

There have been significant shifts in customer behavior, making it hard to base assumptions on consumer trends. How to overcome demand forecasting challenges. As a first step, if you have access to historical data, look for a sales period with similar trends and market dynamics as the present day (if possible).

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CH Robinson Logistics

DECEMBER 15, 2021

For example, while it may not be feasible to transport 100% of your freight via air, air freight continues to be the fastest way to replenish inventory, so prioritizing specific freight can help keep cargo moving. For example, with the ongoing port congestion and delays, C.H. If you import into the U.S.,

Sourcing Strategies 90

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Logistics Business Magazine

DECEMBER 8, 2022

Ralf Duester, member of the board of the SCM software specialist Setlog, shows which trends will shape the year 2023. In the fashion and fast-moving consumer goods sectors alone, these are more than 100 brands, including, for example, Marc O’Polo, Jack Wolfskin, KiK and Wenko. foreign workers. York Fashion Act).

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Conger

JULY 16, 2021

In this article, we show you the biggest warehouse automation trends in 2021 that could change your warehouse operations. For each of the trends, you’ll learn: What it is and how it works. 11 Warehouse Automation Technology Trends. A warehouse management system (WMS) is an example of digital automation software.

Automation 59

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SYSPRO Smarter ERP

NOVEMBER 30, 2021

It provides the facility to analyze forecasting errors, share data between departments such as procurement, identify sales trends and seasonality. Finance can more effectively analyze profitability by examining how costs can be reduced when the business carries less inventory or by optimizing shipping, for example.

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Logistics Business Magazine

DECEMBER 11, 2022

While it’s imperative to focus on budgets and business initiatives that will take precedence over the next year, it’s just as important to keep an eye on the big-picture trends that are shaping the industry. o9 Solutions’ supply chain experts and leaders are sharing their insights on the trends that could become prevalent in 2023 and beyond.

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Blue Grace Logistics

OCTOBER 7, 2021

What’s in this article: How to gain sustainability through digitalization and technology. In order to stay competitive in the market, shippers need to be agile and adapt to new trends. For example, sensors that enable cargo tracking through apps, smart grids, and route planning software change how shipments are handled. .

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Shipchain

FEBRUARY 26, 2019

According to EFT’s Supply Chain Hot Trends to Watch for in 2019 , one of the most significant trends that we should be paying attention to this year is automation. Judging by the speed with which the industry embraces new technological trends, there will undoubtedly be some obstacles to overcome before it becomes prevalent.

Supply Chain Software 109

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Dedola Global Logistics

NOVEMBER 20, 2023

This guide delves into the world of air freight forwarding, highlighting its roles, benefits, and how to choose a provider that meets your needs. The recent shift from air to ocean freight, as noted in the 2023 market trends, is driven by factors like improved reliability in ocean shipping and increased environmental consciousness.

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EazyStock

FEBRUARY 1, 2021

Here are ways you can optimize your inventory management practices for eCommerce competitiveness: How to Manage eCommerce Inventory. Simply reacting to market change is not enough, because you may have insufficient stock to meet a surge in demand or even miss out on a trend altogether. Seasonality, trends, promotions and new products.

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EazyStock

OCTOBER 23, 2020

These patterns can re-occur over days, weeks, months or quarters and can make it harder for businesses to forecast future demand trends. How to forecast for seasonal demand. Below is an example of other demand factors that can impact or inflate your normal base demand. Identify which products are affected by seasonal demand.

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Ship Monk

FEBRUARY 9, 2024

Demand forecasting is the process of estimating how many units of each product you’ll need to cover demand for a given sales period, without running out of stock or having to take excessive post-holiday markdowns. Accurate data forecasting requires accurate data, robust data analysis tools, and people who understand how to use them.

eCommerce 84

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Logistics Bureau

JULY 11, 2018

Trend identification is a tricky business. Supply chain trends make it yet more complex because they represent the intersections of so many different domains. What is a supply chain trend-spotter to do? A Different Perspective on Business Trends and Supply Chains. What Happened to These Trends? A 2018 Update.

Supply Chain Software 101

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WorkWave

FEBRUARY 1, 2022

Whether your business is just getting started or it has been around for generations, it’s important to know how to run the operations successfully. For example, if you run a bar, you could explore options like creating your own brand of liquor or a craft beer. Pay Attention to Industry Trends.

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Ship Monk

FEBRUARY 18, 2021

Apparel, for example, has too many subdivisions to be a true niche — there’s athleisure, swimwear, cocktail dresses, and so on and so forth, to infinity and beyond. Going back to the apparel example, let’s say a prospective buyer is looking for a shirt. How to Choose Your eCommerce Niche. What Are Niches Not? Compliments?

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GoShip Blog

JANUARY 11, 2023

Learning how to work through labor shortages keeps your business competitive and your customers satisfied. . For example, international port delays due to insufficient dockworkers will have a trickle-down effect on the order fulfillment processes of many businesses before the products even reach their destination countries.

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Ship Monk

SEPTEMBER 19, 2022

Before you can calculate carrying cost, you’ll need to calculate the following numbers: Opportunity Cost: This is the amount of capital (cash) you have tied up in unsold inventory that could have been invested elsewhere (on more profitable products, for example). Identify trends and generate reports for more accurate forecasting.

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EazyStock

MARCH 4, 2021

How to Increase Inventory Turnover with Inventory Optimization. This post will explain how, but first, let’s deal with a few simple definitions. Most items in the growth stage will experience an upward demand trend. The post How to Improve Inventory Turnover with Inventory Optimization appeared first on EazyStock.

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Trinity Logistics

APRIL 28, 2022

So we paired up with one of our Trinity Team Members, Sal Ingrassia, who has experience as a personal trainer for over seven years, to help you learn how to stay fit as a truck driver. TABLE OF CONTENTS THE STATS ADD UP BENEFITS TO EXERCISE TIPS TO ADD EXERCISE INTO YOUR DAY HOW TO STAY FIT AS A TRUCK DRIVER – BEST EXERCISES FOR YOU.

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Logistics Bureau

JANUARY 11, 2021

So, for example, if a sales rep asks them, customers will say, “I want a good level of service, I want a competitive price, and I want a strong relationship with the business.”. How to Design your Customer Service Offer. Customers must clearly understand how to use your business and you must know what you are expected to do.

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GoShip Blog

DECEMBER 28, 2022

How to Package Clothing. How to Charge for Shipping Clothing. For example, you can offer something like “shipping costs $7 for orders under $100 and $5 for orders above $120.” To remain competitive in this fast-paced industry, simply selling great clothes will not suffice. Packaging clothing is not as simple as it seems.

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EazyStock

FEBRUARY 7, 2020

In this post we’re exploring how to manage inventory effectively when you’re faced with a growing product portfolio. A build-up of excess inventory and obsolete stock as social trends and technologies quickly change and forecasting models fail to keep up. Increased stock levels to ensure stock availability.

Inventory Reduction 52

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Sabinext

FEBRUARY 11, 2019

In my last article of 2018, “ Which Trends Will Change the Rules of Logistics in 2019? ”, I talked briefly about urban logistics and megacities. I want to dedicate my first article of the year to take a closer look at the specific consequences of urbanization and how they can be approached. The challenge of being too big to fail.

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GlobalTranz

JANUARY 19, 2016

Some of these transportation management trends reflect real worries for the logistics industry. However, logistics providers and shippers are starting to understand how to best combat each of these problems through the application of transportation management technologies. Addressing the Truck Driver Shortage.

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