Logistics Viewpoints

MAY 3, 2022

But it’s important to remember that while customers want their purchases fast, sometimes even the next day, many care about the environmental impact of that delivery as well. We found three key strategies that could serve as a blueprint for other supply chains: Rethink Packaging. One example is Scandinavian furniture giant Ikea.

Supply Chain Design Software 117

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 117

Conger

JULY 30, 2021

Top challenges and the steps for adopting an omnichannel distribution strategy. 4 Steps for Adapting to an Omnichannel Distribution Strategy. 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.

Inventory Reduction 52

Inventory Reduction Distribution Vendor Strategies Waste Reduction 52

Ship Monk

APRIL 28, 2023

According to the Business of Sustainability Index , despite intense inflation since 2020, 66% of general US customers and 80% of young adult (ages 18-34) US customers surveyed in 2022 are willing to pay more for sustainable products/companies that embrace sustainable practices. Tell customers what you are supporting and why.

eCommerce 66

eCommerce Waste Reduction How To Material Savings 66

Trinity Logistics

NOVEMBER 13, 2023

DIFFICULTY FINDING LABOR DIVERSIFYING WORKFORCE TECHNOLOGY IS TAKING OVER INCREASING CYBERSECURITY CARBON NEUTRALITY BUILDING RESILIENT SUPPLY CHAINS DIFFICULTY FINDING LABOR Manufacturers are still struggling to find labor, with a recent Deloitte survey estimating that the manufacturing sector will be short 2.1 Industry 4.0 Industry 4.0

Manufacturing Procurement 93

Manufacturing Procurement Supply Chain Software Trends Supply Chain Planning Software 93

Logistics Viewpoints

FEBRUARY 11, 2021

At the same time, the Chief Purchasing Officer (CPO) has taken on a pivotal role by securing Personal Protective Equipment (PPE) to protect the workforce and direct materials when primary sources fail. Let us examine these: Implementing a ‘China Plus One’ strategy: Part of the resiliency comes from having alternate sources of supply.

Manufacturing Procurement 138

Manufacturing Procurement Supply Chain Planning Software Sourcing Strategies Procurement Solutions 138

SYSPRO Smarter ERP

MARCH 21, 2022

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. Primarily this meant increasing inventories as opposed to other strategies like nearshoring. How Supply Chain Management is changing.

Manufacturing Procurement 116

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

Logistics Viewpoints

FEBRUARY 3, 2022

planning offers an alternative to swinging the pendulum and as the strategy that provides the supply chain resilience leaders seek. As you evaluate strategies to mitigate risk and build resilience, beware of headlines blaming JIT inventory practices and recommending a move to JIC. A change to one link (e.g. on-time delivery).

Inventory Reduction 175

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

WorkWave

MARCH 31, 2023

Types You can use many different types of referrals as part of your reputation management strategy. Tips and Strategies Customers are more likely to participate in referrals if they are satisfied with your product. Reviews Reviews represent another major reputation management strategy.

Material Savings 52

Material Savings Vendor Strategies Optimization Software Resource Reduction 52

Ship Monk

MAY 18, 2023

That may seem a bit dramatic, but people who get into the ecommerce industry are dynamic by nature, living every day with visions of innovation, gameplans for growth , and on the hunt for the best scaling strategy. Our MonkProtect technology provides best-in-class post-purchase protection and extra added benefits.

Purchasing Skills 52

Purchasing Skills Procurement Solutions Supply Chain Design Software eCommerce 52

Ship Monk

JUNE 16, 2023

Retargeting and Reminders Fact: customers who create loyalty programs with your ecommerce brand are more likely to make purchases in the future. For instance, if you purchase under $100 from an ecommerce brand’s online store in a year you receive a 10% birthday coupon. This is just one example of how a tier system can be structured.

eCommerce 52

eCommerce Purchasing Skills Procurement Solutions Purchasing 52

GoShip Blog

APRIL 28, 2020

But there seems to be a secret key to keep getting loyal customers – even if their purchase didn’t satisfy them. 66% of customers will review your returns policy before completing a purchase. Providing good customer support is essential for polishing your overall returns strategy. Why does your returns policy matter?

How To 52

How To Cost Reduction Purchasing Skills Purchasing 52

Logistics Business Magazine

AUGUST 15, 2023

The influence of delivery costs on consumer behaviour Recent surveys spotlight the pivotal role that delivery costs play in shaping shoppers’ purchasing decisions. A report by Asendia underscores this, revealing that 43% of the 8,000 global online shoppers surveyed rank delivery costs as a key consideration.

Purchasing Skills 65

Purchasing Skills Cost Reduction eCommerce Price Reduction 65

Logistics Business Magazine

NOVEMBER 24, 2023

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. The best of the best also differentiate their recruitment strategy – for example, according to generations or potential groups such as newcomers or foreign workers.

Supply Chain Planning Software 59

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

Locus

MARCH 28, 2022

For example, clothing stores enable customers to browse and try out the merchandise in person, get helpful suggestions from the human sales staff, and receive a seamless checkout experience with automated cashiers. Myntra’s Roadster Go (India) store is a fine example of this category.

Cost Reduction 52

Cost Reduction Supply Chain Planning Software Inventory Reduction Price Reduction 52

Logistics Bureau

JANUARY 7, 2020

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. Supply Chain Strategy. In 2014, a survey by Tompkins Consortium delivered a shocking revelation. Supply Chain and Business Success By the Numbers.

Supply Chain Design Software 122

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

Logistics Bureau

JANUARY 9, 2019

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. Supply Chain Strategy. In 2014, a survey by Tompkins Consortium delivered a shocking revelation. Supply Chain and Business Success By the Numbers.

Supply Chain Design Software 118

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

247 Customs Broker

APRIL 6, 2018

More than 500 qualified respondents to our “34th Annual Salary Survey” report that their salaries moved up only incrementally last year. This year’s survey again draws the most feedback from successful logistics managers who have been climbing the executive ladder for some time. Now I’m charged with purchasing and releasing them too.

Survey 28

Survey Negotiating Skills Supply Chain Planning Software Manufacturing Procurement 28

Logistics Bureau

APRIL 18, 2019

Source: Council of Supply Chain Management Professionals 2017 Survey. Here are some of the planning roles that you could aim for: Supply Chain Planner : Typically a management role with responsibility to analyse supply chain performance and develop strategies for improvement. Purchasing Manager. Sourcing and Purchasing. “I

Manufacturing Procurement 96

Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software Supply Chain Design 96

Logistics Viewpoints

AUGUST 5, 2021

In MIT’s State of Supply Chain Sustainability 2021 , 80% of executives surveyed said the pandemic either had no impact on their commitment or increased it. I was drawn to Hunter and Amory Lovins, who advocated a strategy pairing energy efficiency with renewables, long before its current popularity. But what about the role of planning?

Supply Chain Planning Software 179

Supply Chain Planning Software Supply Chains Material Savings Waste Reduction 179

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. Fifty-two percent of respondents are working on individual digital projects but lack an overarching strategy that links all these efforts.

Supply Chain Software 161

Supply Chain Software Supply Chain Planning Software Definition Supply Chains 161

WorkWave

MARCH 4, 2020

There are a few ways to do this: Include a survey at the bottom of receipts. As a consumer, both marketing tactics and customer service are important facets of the purchasing experience. Try registering as a new user or purchasing a product or service from the business website or storefront. Ask about the experience at checkout.

Procurement Solutions 72

Procurement Solutions Purchasing Skills Buyer Training Purchasing 72

Blue Grace Logistics

MAY 7, 2019

But is it a good strategy to wait for things to go wrong to ask the CFO to step in? But is it a good strategy to wait for things to go wrong to ask the CFO to step in? Ernst & Young surveyed 423 CFOs and heads of supply chain around the globe to understand their view of a CFO’s contribution to the supply chain.

Negotiating Skills 48

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

Logistics Business Magazine

SEPTEMBER 13, 2022

To determine the appropriate returns strategy retailers need to understand what is going on and tapping into returns data may unlock some important insights. Yet strangely, a recent survey by retail systems specialist Brightpearl found that 69% of retailers are not using tech solutions to automate and process returns. Product feedback.

Data 57

Data Cost Reduction Purchasing Skills Sourcing Strategies 57

Blue Grace Logistics

JULY 27, 2021

We explore how predictive analytics and big data with human sentiments can add value and amplify their supply chain strategies. 51% of the respondents in a global Reuters survey felt that the most perplexing challenge is the unpredictable nature of consumer demand. Simple Examples of Predictive Analytics.

Procurement Analytics 62

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

Logistics Viewpoints

SEPTEMBER 7, 2022

Only through this extensive mapping can you see that it may be because there’s a Tier 5 supplier who is not able to get the rare earth mineral out of China that goes into the microprocessor (we purchase). The company had access to huge amounts of trade data, for example. But I was skeptical.

Supply Chain Software 124

Supply Chain Software Supply Chains Optimal Sourcing Procurement Solutions 124

Bringg

APRIL 18, 2021

According to an IBM Research Insights report, 57% of consumers are willing to change their eCommerce purchasing habits to help reduce their environmental impact. In one survey, only 10% of companies said that they distinguished their business and plan to gain more market share based on having the most eco-friendly delivery service.

Green logistics 62

Green logistics Cost Reduction Waste Reduction Tips 62

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

Ship Monk

JANUARY 19, 2024

An ecommerce store is a branded website where products from a single seller can be purchased over the internet. You can engage in cross-sell and upsell strategies to increase average order value. You have control over inventory management and post-purchase operations, including fulfillment, returns, and customer service.

eCommerce 89

eCommerce Logistics Network Optimization Software Optimization Software Purchasing Skills 89

EazyStock

JUNE 21, 2022

Many more traditional supply chain strategies originated in a steadier business environment. For example, management might have been cautious about adopting cloud-based supply chain solutions due to security concerns over data breaches and loss of irreplaceable data. The future of cloud computing in supply chain management.

Supply Chain Planning Software 52

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

Locus

MAY 25, 2023

In a survey conducted in 2022 of US consumers, 55% of them stated that direct delivery to home is the biggest driver of online purchase. It implies the number of units businesses should add to their inventory with every purchase order. So, the inventory management strategy decides whether the EOQ metric is relevant.

Inventory Reduction 52

Inventory Reduction Cost Reduction Ordering Waste Reduction 52

Blue Grace Logistics

NOVEMBER 10, 2023

Here’s an example. TO PREVENT EQUIPMENT DOWNTIME In many manufacturing or assembly plants, unplanned equipment downtime is costly; a recent survey by ABB put the average cost at $125,000 per hour. One reason is to motivate them to continue purchasing with the company, says Mike Nemeroff, chief executive officer and co-founder.

Logistics Network Optimization Software 84

Logistics Network Optimization Software Freight Supply Chain Planning Software Inventory Reduction 84

Material Handling and Logistics

AUGUST 31, 2018

It’s true that the major issues in the supply chain—which were confirmed through MH&L ’s workforce survey process and published in an earlier article —are nuanced. For example, using smartphones and tablets instead of barcode scanners can make it easier to train your employees and for them to get work done.

Supply Chain Design Software 145

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 145

Ship Monk

AUGUST 17, 2023

Your business plan should include: Company overview Description of your products and services Market analysis Strategy and implementation Financial plan and projections As you review your business plan, think of how it will apply to Amazon specifically. Make the Most Out of Selling on Amazon Love it or hate it, Amazon is here to stay.

Inventory Reduction 52

Inventory Reduction Supply Chain Planning Software Purchasing Skills Cost Reduction 52

Logistics Bureau

SEPTEMBER 28, 2020

The key difference between the two can perhaps be explained in the following example: A 3PL provider working with a paint manufacturer may package and store products as well as transport them to retailers and/or customers. The best example of a 4PL model is Amazon.com. Amazon: A Hard 4PL Act to Follow. Some Australian 4PL Models.

4PL 116

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

GlobalTranz

JULY 8, 2015

And at the end, check out a nice infographic speaking more to reverse logistics strategies and practices. Reverse Logistics allows businesses to recoup a portion of the original purchase price of this equipment. For example, a returned product may only require rewrapping of exterior for sale to a secondary consumer.

Reverse logistics 110

Reverse logistics Material Savings Cost Reduction Logistics Network Optimization Software 110

Logistics Viewpoints

FEBRUARY 8, 2022

As physical stores opened, shut down and re-opened again, consumers became more flexible in the way they shop for, and purchase, just about every product. For example, they might browse products online, but visit a brick-and-mortar store to finalize their selection. due to the higher costs associated with online selling.

Optimal Sourcing 113

Optimal Sourcing Logistics Network Optimization Software Supply Chain Planning Software Optimization Software 113

GlobalTranz

AUGUST 18, 2015

Companies based on assets have had years of experience in purchasing trucks and managing warehouse inventories. What Data Analytics and Business Process Strategy Services Are Offered? Shippers report capacity as their top concern for selecting a 3PL service provider, specifically 65 percent of surveyed shippers.

Logistics Network Optimization Software 96

Logistics Network Optimization Software Procurement Analytics Inventory Reduction Supply Chain Software 96