Ship Monk

JANUARY 9, 2024

Multichannel to Omnichannel You’ve heard us talk about a multichannel sales strategy before, and we’re happy to say that most of our ecommerce clients are already doing this. In 2024, we expect to see more brands moving from a multichannel strategy to create an omnichannel experience for their customers.

eCommerce 88

eCommerce Trends Optimization Software Optimal Sourcing 88

Logistics Viewpoints

AUGUST 15, 2022

GEP and the North Carolina State University (NCSU) Supply Chain Resource Cooperative surveyed supply chain, procurement and IT professionals across a range of industries to gain insight into their priorities and strategies regarding supply chain resilience and optimization. Alex Zhong, Director Product Marketing at GEP.

Manufacturing Procurement 131

Manufacturing Procurement Procurement Analytics Optimal Sourcing ERP 131

Locus

JUNE 23, 2023

So, knowing more about order fulfillment, its importance, process, and strategies is critical. A loyal customer with word of mouth brings in more customers, and they minimize the cost of acquiring new customers. So, order fulfillment is critical for businesses to provide customers with cost-effective, timely, and delightful deliveries.

Inventory Reduction 52

Inventory Reduction Cost Reduction Resource Reduction Vendor Strategies 52

Logistics Viewpoints

APRIL 21, 2022

Earlier in 2022, we conducted a survey of 8,000 consumers across North America and Europe to get a better sense of their ecommerce experience and how they were reacting to retailer performance. On one hand, consumers expect to increase their online purchases post-pandemic. Source: Descartes & SAPIO Research. Let me know.

Optimal Sourcing 125

Optimal Sourcing Eliminating Excel in Purchasing Purchasing Skills Sourcing Strategies 125

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

Logistics Viewpoints

SEPTEMBER 30, 2022

Second, the pandemic kicked online buying and home delivery into “high gear” as many consumers embraced its convenience and dramatically expanded the scope of their online purchasing. Consumers are making purchasing decisions based upon environmental impact. Sustainable home delivery options result in lower costs to the retailer.

Eliminating Excel in Purchasing 131

Eliminating Excel in Purchasing Cost Reduction Purchasing Skills Resource Reduction 131

Logistics Business Magazine

NOVEMBER 24, 2023

Things are changing in supply chain management: while cost-cutting has been at the top of the agenda for many executives for years, in future they will be increasingly concerned with the shortage of skilled workers, sustainability and resilience. Skilled labour shortage forces action 2. Cyber security becomes a top priority 9.

Supply Chain Planning Software 60

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

Blue Grace Logistics

JANUARY 10, 2023

Rising online purchases over the past few years have increased the need for LTL. BlueGrace Logistics sought to learn more about this dynamic and teamed up with FreightWaves to survey shippers about the state of the LTL market and their approach to LTL shipping in today’s environment. Consumers are paying the price. Whitepaper.

Material Savings 62

Material Savings Price Reduction Purchasing Skills Cost Reduction 62

Locus

AUGUST 7, 2023

If we consider the average cost of a new car in the United States was approximately $40,000 in 2021, this increase is equivalent to almost 4 billion new cars. Whether a budding startup or a well-established enterprise, adapting to technological shifts has become non-negotiable. billion in 2021, and is expected to reach $288.87

Negotiating Skills 52

Negotiating Skills Cost Reduction Digital Expense Reduction 52

Logistics Viewpoints

DECEMBER 1, 2023

million shoppers hit the stores and the internet to capitalize on Black Friday and Cyber Monday deals, according to a survey by the National Retail Federation. The top gifts were clothes and accessories, which about half of those surveyed purchased, and toys, which nearly a third of people surveyed bought.

Supply Chain Planning Software 139

Supply Chain Planning Software Cost Reduction Logistics Network Optimization Software Food and Agriculture 139

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. But is it a good strategy to wait for things to go wrong to ask the CFO to step in? How quickly can we identify and address challenges in response to disruption?

Negotiating Skills 48

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

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

Manufacturing Procurement 95

Manufacturing Procurement Supply Chain Software Trends Supply Chain Planning Software 95

Talking Logistics

MARCH 26, 2019

As the evolution of retail and the way consumers purchase goods continues to change, meeting the challenge to effectively serve both consumers and retailers is a strategic challenge for both shippers and carriers. Ninety-six percent of Americans have made at least one online purchase and 51% of those surveyed say they prefer to shop online.

Vendor Strategies 84

Vendor Strategies Resource Reduction Cost Reduction Price Reduction 84

Blue Grace Logistics

JANUARY 10, 2019

The November 1977 issue of Harvard Business Review carried an article titled “ Logistics – Essential to Strategy ”. At times, even a price difference might fail to attract customers. Statistics from another survey revealed that 56 percent of online customers in the age group of 18-34 years look for same day delivery options.

Negotiating Skills 48

Negotiating Skills Vendor Strategies Price Reduction Cost Reduction 48

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

Logistics Viewpoints

FEBRUARY 2, 2024

Higher labor costs and lower package demand resulted in fourth-quarter sales and 2024 guidance that missed analysts expectations. UPS is seeking alternative strategies for its truck brokerage business, which has seen sales plummet amid a freight recession marked by declining rates and over capacity. billion worth, the survey found.

Cost Reduction 140

Cost Reduction Inventory Reduction Manufacturing Procurement Logistics Network Optimization Software 140

GlobalTranz

MAY 15, 2015

The results have been tabulated for the 68th annual Survey of Distribution Operations. By identifying the most pressing concerns in the industry, the survey provides statistics and conclusions which the distributors can use to help maintain their business evolution in our technology based world. Demographics.

Survey 96

Survey Distribution Operations Price Reduction 96

GoShip Blog

JULY 14, 2022

A recent survey by SuperOffice found that 86% of customers are willing to pay a higher price just for a better experience. The most efficient and cost-effective way for your business to stand out among your competitors is through improving customer experience. Surveys help you see, from the eyes of the consumer.

How To 59

How To Purchasing Skills Survey Logistics Network Optimization Software 59

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

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

Blue Grace Logistics

APRIL 18, 2023

net sales were represented by suppliers who reported to one or more sustainability surveys. 90% of their raw materials are purchased from sustainably managed forests. As part of their Target Forward strategy, Target also commits to achieve 30% absolute reduction in supply chain emissions (scope 3) by 2030. million homes.

Waste Reduction 62

Waste Reduction Supply Chain Design Resource Reduction Material Savings 62

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

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

SYSPRO Smarter ERP

MARCH 21, 2022

Supply chain management (SCM) systems help businesses to manage the flow of goods and services right from the sourcing of raw materials, to delivering finished goods to the customer. 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 Business Magazine

OCTOBER 12, 2022

Second, the pandemic kicked online buying and home delivery into “high gear” as many consumers embraced its convenience and dramatically expanded the scope of their online purchasing. Consumers are making purchasing decisions based upon environmental impact. Sustainable home delivery options result in lower costs to the retailer.

Eliminating Excel in Purchasing 70

Eliminating Excel in Purchasing Cost Reduction Purchasing Skills Procurement Analytics 70

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. It was a rude surprise when I learned it would cost $100 to fill the tank. We must plan, source, make, and deliver differently for supply chain sustainability.

Supply Chain Planning Software 179

Supply Chain Planning Software Supply Chains Material Savings Waste Reduction 179

Blue Grace Logistics

APRIL 22, 2022

Supply chain sustainability refers to companies’ efforts to consider the environmental and human impact of their products’ journey through the supply chain, from raw materials sourcing to production, storage, delivery and every transportation link in between. billion in fuel costs, and 134 million tons of air pollutants.

Waste Reduction 62

Waste Reduction Material Savings Supply Chain Design Cost Reduction 62

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. For a full explanation of costs and an estimate, try Amazon’s pricing calculator.)

Inventory Reduction 52

Inventory Reduction Supply Chain Planning Software Purchasing Skills Cost Reduction 52

Locus

OCTOBER 7, 2022

A consumer survey showed that 55% of consumers will switch their retail brands if they find their delivery times are too slow. It also showed that 80% of consumers are willing to pay higher prices for same-day deliveries. Holistically consider the costs. We spread that maintenance cost across hundreds of customers.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Procurement Solutions Eliminating Excel in Purchasing Supply Chain Software 52

FreightWaves SONAR

JULY 10, 2023

This includes sourcing materials, working with vendors, managing warehouses and transportation, and coordinating with retailers to ensure they can meet the changing demands of consumers while remaining profitable. The company’s survey of Fortune 100 companies showed that 77% have implemented hybrid work schedules. and Target Corp.

Data 52

Data Supply Chain Planning Software Manufacturing Procurement Supply Chain Software 52

GoShip Blog

APRIL 22, 2022

You can invest saved costs into more wanted products or launch a new line. According to statistics, about 80% of customers prioritize personalized service when purchasing. Forecasting operations typically aim to examine and evaluate customers’ purchasing patterns and habits. the change in prices or technological advances ).

Supply Chain Planning Software 40

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

Blue Grace Logistics

JUNE 24, 2021

To stay competitive, companies must adapt to new technologies and strategies to survive in the post-COVID world. Increasing lead times, costs, and delays resulted in significant problems together with port congestion, capacity availability, and container shortage. COVID-19 restrictions have challenged manufacturing worldwide.

Manufacturing Procurement 62

Manufacturing Procurement Optimal Sourcing Supply Chain Planning Software Supply Chain Software 62

Blue Grace Logistics

NOVEMBER 10, 2023

Kroll | Inbound Logistics November 2023 “Shippers have to weigh the cost of expediting against the downstream impact of shipments arriving later,” says Kevin Schultz, president and co-founder of 357 Company, a logistics provider. Expediting the repair components and getting the equipment back in operation can pay off.

Logistics Network Optimization Software 91

Logistics Network Optimization Software Freight Supply Chain Planning Software Inventory Reduction 91

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

JUNE 6, 2022

Method #1: Client Satisfaction Surveys. Build satisfaction surveys into your website and/or trigger emails to capture first, second, and third impressions from your customers. Make sure your survey questions get to the “why.” You will not get a response from every (or even most) of your customers, but every response is valuable.

eCommerce 59

eCommerce Maintainability Supply Chain Software Logistics Network Optimization Software 59

Logistics Viewpoints

OCTOBER 20, 2021

In our conversation, Ken spoke about some of the findings from a recent survey Logistyx conducted on cross-border holiday spending, as well as some larger trends around the state of parcel shipping. The key is to make sure all the costs are transparent up front during the purchasing process. Returns Management.

Logistics Network Optimization Software 114

Logistics Network Optimization Software Supply Chain Software Manufacturing Procurement Cost Reduction 114

WorkWave

MARCH 4, 2020

Every business owner will have specific knowledge, skills, or experience that will be advantageous in building and managing a business. Primary Research can be conducted via: Interviews; Surveys; Questionnaires; Focus/user groups; Test markets. Building this system can take time, but there are a multitude of sources to get started.

Tips 52

Tips Purchasing Skills Sourcing Strategies How To 52