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 85

Vendor Strategies Resource Reduction Cost Reduction Price Reduction 85

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

Ship Monk

APRIL 28, 2023

All sorts of organizations have run studies on eco-friendly attitudes in the ecommerce industry, and we have amazingly positive news to share about what buyers are thinking. Another survey found that 73% of global consumers would “definitely” or “probably” change their buying behavior to reduce environmental impact.

eCommerce 66

eCommerce Waste Reduction How To Material Savings 66

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. An IBM study found that 57% of consumers are willing to change their shopping habits to protect the environment. 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

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.

Waste Reduction 62

Waste Reduction Supply Chain Design Resource Reduction Material Savings 62

Blue Grace Logistics

JANUARY 10, 2023

Case Study. 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. The Logistics Blog®. Whitepaper.

Material Savings 62

Material Savings Price Reduction Purchasing Skills Cost Reduction 62

247 Customs Broker

APRIL 11, 2018

As online shopping becomes more sophisticated and prevalent, coming with that is an influx of increased purchasing activity in various ways, including consumers buying more good online from both marketplaces and international retailers, as well as increasing their usage of digital devices for purchases along with different preferences for delivery.

Study 28

Study Procurement Solutions Material Savings Logistics Network Optimization Software 28

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

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. Let’s take a look at some key takeaways from different studies: 69% of shoppers won’t buy from you again if they have to pay for returns. 66% of customers will review your returns policy before completing a purchase.

How To 52

How To Cost Reduction Purchasing Skills Purchasing 52

Logistics Bureau

MAY 24, 2019

The following five mini case studies explore a few high-profile companies that have managed to sustain their supply chain cost-reduction efforts and keep expenses under control. The Path to Cost Reduction: Intel decided to try what was considered an unlikely supply chain strategy for the semiconductor industry: make to order.

Cost Reduction 65

Cost Reduction Inventory Reduction Expense Reduction Price Reduction 65

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 93

Manufacturing Procurement Supply Chain Software Trends Supply Chain Planning Software 93

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 a study of logistics providers conducted by Fraunhofer IML, only 36% of organizations reported that they had a clear overall plan for digital transformation.

Supply Chain Software 161

Supply Chain Software Supply Chain Planning Software Definition Supply Chains 161

Material Handling and Logistics

OCTOBER 11, 2018

Celebrants intend to spend an average of $86.79, up from last year’s $86.13, with more than 175 million Americans planning to partake in Halloween festivities, according to the annual study that has been conducted over the past 14 years by Prosper Insights & Analytics for NRF. Consumers plan to spend $3.2 billion on decorations (74%), $2.6

Procurement Analytics 130

Procurement Analytics Scenario Planning Survey Study 130

Locus

AUGUST 7, 2023

As evidenced by 70% of companies either implementing or actively working on digital transformation strategies, it has become clear that digital solutions are not just value-additions but fundamental for survival. Strategic digitalization is no longer a choice but an absolute necessity.

Negotiating Skills 52

Negotiating Skills Cost Reduction Digital Expense 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. Mini Case Study: Walmart.

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. Mini Case Study: Walmart.

Supply Chain Design Software 118

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

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. However, should a business invest their capital in building and maintaining their solution from scratch, or simply purchase an off-the-shelf solution? Match the pace of innovation with evolving trends.

Logistics Network Optimization Software 52

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

Airfreight Logistics

JULY 21, 2019

UPS have released the results of its 2019 UPS Industrial Buying Dynamics Asia Pacific Study , which finds B2B buyers in the region doing much of their purchasing online, and at the same time relying heavily on offline relationships and seeking out solid after-sales service.

Procurement Analytics 28

Procurement Analytics Manufacturing Procurement Procurement Solutions Study 28

FreightWaves SONAR

JULY 10, 2023

Instead of consumers purchasing big-ticket items like electronics, consumers shifted their focus to buying less profitable items like groceries, he wrote. The company’s survey of Fortune 100 companies showed that 77% have implemented hybrid work schedules. Big-box retailers like Best Buy, Walmart Inc. and Target Corp. workers in 2023.

Data 52

Data Supply Chain Planning Software Manufacturing Procurement Supply Chain Software 52

Material Handling and Logistics

JANUARY 10, 2018

And according to a recent survey by Kenco, 94% of survey respondents feel that it’s important for their 3PL provider to have a competency in technology and innovation, and more than half expect their 3PL provider to be investing in innovative technologies (another 32% want to co-invest). Kristi Montgomery, VP of innovation, Kenco.

Supply Chain Design Software 144

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

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? However, according to this McKinsey study, most industries report supply chain and logistics cost in the range of 1.8% But is it a good strategy to wait for things to go wrong to ask the CFO to step in?

Negotiating Skills 48

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

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. The sky’s the limit! It’s a double benefit!

eCommerce 52

eCommerce Purchasing Skills Procurement Solutions Purchasing 52

WorkWave

MARCH 4, 2020

According to a study that tracks consumer trends , more than 6 out of 10 consumers search Google for reviews. 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. Time To Read: 4 minutes.

Procurement Solutions 72

Procurement Solutions Purchasing Skills Buyer Training Purchasing 72

Locus

OCTOBER 27, 2023

Let’s find out the three key strategies for brands to enable last-mile excellence during this Diwali season! To compound the concern, the study reveals that a sizable 48% of customer interactions with Indian firms don’t meet the mark. So, what’s the takeaway for forward-thinking brands and retailers?

Optimization Software 59

Optimization Software Logistics Network Optimization Software Cost Reduction Expense Reduction 59

GoShip Blog

APRIL 22, 2022

A successful business is unlikely without studying your audience. 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. Why use demand forecasting in logistics? Analyze received data.

Supply Chain Planning Software 40

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

Logistics Business Magazine

NOVEMBER 24, 2023

Studies show that in some areas, around a third of companies that were unable to fill all vacancies did not receive a single application. As studies show, young people place a high value on flat hierarchies and want modern IT systems in their day-to-day work.

Supply Chain Planning Software 59

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

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. Blue Yonder commissioned a study to examine the real-world financial benefits of advanced supply chain solutions, and the benefits are clear. The study projects a risk-adjusted $31.2

Optimal Sourcing 113

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

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. This model became dominant for order-quantity analysis in the study of supply chains. It implies the number of units businesses should add to their inventory with every purchase order.

Inventory Reduction 52

Inventory Reduction Cost Reduction Ordering Waste Reduction 52

Material Handling and Logistics

JULY 29, 2018

A study by Wharton Business School found that this group is mainly interested in supporting brands that are ethical, caring and strive to do the right thing. Content Summary: The company purchases renewable energy certificates to match its non-renewable energy use and it funds renewable energy production from sources like wind and solar.

Sourcing Strategies 74

Sourcing Strategies Optimal Sourcing Manufacturing Procurement Vendor Strategies 74

GlobalTranz

NOVEMBER 21, 2017

In a recent study, MIT found that companies that focus on 5 key initiatives to improve their supply chain data can have a big impact on their bottom line. The study, published by the MIT Sloan Management Review , asked 353 participants to discuss their understanding of their companies’ analytics systems. Hanesbrand Inc. ,

Supply Chain Software 69

Supply Chain Software Procurement Analytics Supply Chains Data 69

WorkWave

MARCH 4, 2020

Primary Research can be conducted via: Interviews; Surveys; Questionnaires; Focus/user groups; Test markets. Utilizing surveys, focus groups, and reading reviews, are all great ways to gain consumer feedback. It is important to utilize both primary research and secondary research to diversify data. Evaluate Yourself.

Tips 52

Tips Purchasing Skills Sourcing Strategies How To 52

Blue Grace Logistics

NOVEMBER 10, 2023

Expedited Freight Questions Answered Show Submenu Resources The Logistics Blog® Newsroom Whitepaper Case Study Webinars Indexes Search Search BlueGrace Logistics - November 10, 2023 Whether your organization uses expedited freight shipping every day or occasionally, it pays to understand how to use these services as effectively as possible.

Logistics Network Optimization Software 84

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

Logistics Bureau

SEPTEMBER 28, 2020

According to a study by The Insight Partners , the global 4PL market was valued in terms of revenue at $56,472.1 The study cautions that lockdowns and quarantines associated with the Coronavirus are expected to affect the revenues of the global 4PL market players in the short term. The 4PL Market is Growing Exponentially. 4PL Services.

4PL 116

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

GlobalTranz

FEBRUARY 9, 2018

An Inbound Organization understands and thinks about creating a customer experience that covers the entire customer journey from prospect to lead to first purchase through each subsequent interaction. Studies show that this is true, yet few companies apply Inbound marketing ideas to the entire customer journey. Everyone must buy in.

Inbound 63

Inbound Eliminating Excel in Purchasing Vendor Strategies After-sales 63

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

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. However, 70 percent of respondents within the survey saw Reverse Logistics as a burdensome cost for the business.

Reverse logistics 110

Reverse logistics Material Savings Cost Reduction Logistics Network Optimization Software 110

Blue Grace Logistics

JANUARY 16, 2019

With access to a smartphone and Wi-Fi connection, any individual almost any place in the world is able to participate in the international conversations on platforms like Twitter and receive goods purchased on e-commerce sites like Amazon within a matter of a couple days or in some cases hours. The Light at the End of the Tunnel.

Digital 48

Digital Supply Chain Planning Software Optimization Software Supply Chain Software 48