Locus

MAY 25, 2022

Here are seven key strategies that they have used to make it happen. The American customer satisfaction index customer experience benchmarks for timeliness of delivery fell drastically from 82 in 2020 to 76 in 2022. consumer shipping companies: Customer experience 2017-2022. Use data insights. The obvious answer is data.

Sourcing Strategies 52

Sourcing Strategies Inventory Reduction Cost Reduction Strategy 52

EazyStock

MARCH 14, 2023

The right purchasing and logistics strategies give companies an edge during these unique, uncertain times and, during the return “to normal,” a greater competitive advantage and continued growth. With the right strategies in purchasing, logistics and supply chain, you can navigate through a recession and come out as a winner.

Inventory Reduction 52

Inventory Reduction Price Reduction Cost Reduction Waste Reduction 52

Freightos

JANUARY 15, 2024

Navigating the Storm: Strategies for SMB Importers in 2024 There is no golden ticket for solving these challenges. They should monitor the evolving geopolitical situation and adjust their shipping strategies accordingly. He’s obsessed with marketing, data storytelling (it’s a thing!) and bakes really good cookies.

Negotiating Skills 115

Negotiating Skills Optimal Sourcing Price Reduction Cost Reduction 115

Locus

OCTOBER 6, 2023

In 2022 alone, product returns surged to an astonishing $816 billion. Dive into the insights from our latest webinar Returns: More Than Just Refunds In 2022, every sixth item bought online was returned, leading not only to lost sales but also to environmental concerns. Schedule a Demo with Locus today!

Reverse logistics 52

Reverse logistics Webinar Logistics Network Optimization Software Resource Reduction 52

Freightos

JANUARY 3, 2024

More Resources Home Red Sea and Suez Canal Shipping Crisis Update Judah Levine Optimize your logistics tendering, vendor selection, negotiations, and procurement with Freightos Data Book a Demo Even with an international naval force in place, Houthi attacks on commercial vessels in the Red Sea continue. Europe prices decreased.

Negotiating Skills 121

Negotiating Skills Price Reduction Optimal Sourcing Vendor Strategies 121

Ship Monk

DECEMBER 15, 2023

increase from 2022. year over year, but that is a steep slowdown from Black Friday 2022 when YoY sales showed 12% growth over Black Friday 2021. We also hope you’re paying close attention to the data coming in because this will become your baseline for many BFCM seasons to come. Black Friday online sales reached a record $9.8

Purchasing Skills 64

Purchasing Skills Material Savings Supply Chain Planning Software Procurement Analytics 64

Ship Monk

NOVEMBER 14, 2022

While ecommerce has experienced boom after boom, 2022 has proven to be an interesting year in its already storied history. An advertising strategy and budget Financial projections Demand forecasting Growth strategy (see our guides to growth and scaling your ecommerce business). Ecommerce growth is expected to be up about 2.5%

eCommerce 52

eCommerce Material Savings Inventory Reduction Cost Reduction 52

Logistics Business Magazine

MARCH 30, 2022

As part of the Georgetown University McDonough School of Business Global Business Experience Programme, Sitma was invited to submit a project proposal to be implemented with the support and guidance of a team of students from the 2022 Flex MBA class.

Packaging 54

Packaging Supply Chain Software Material Savings Logistics Network Optimization Software 54

Locus

JULY 24, 2023

The global trucking industry market size has suppressed $285 billion in 2022 and is said to reach $430 billion by 2032. Typically supply chain managers at shipping companies would resort to cost cutting strategies and use of legacy solutions. Retailers should find ways to optimize truckloads to reap benefits.

Optimal Sourcing 52

Optimal Sourcing Optimization Software Optimization Modeling Resource Reduction 52

Locus

OCTOBER 12, 2022

from 2022 to 2030. Business and supply chain executives are also incentivized to spread awareness and come up with sustainable strategies. Pack deliveries efficiently: By rethinking their packaging strategy, brands can significantly reduce their carbon footprint. Book a demo with us! Schedule Demo. billion U.S.

Material Savings 52

Material Savings Optimal Sourcing Sourcing Strategies Cost Reduction 52

Locus

OCTOBER 19, 2023

Drawing parallels between this electrifying sports phenomenon and the dynamic world of dispatching reveals a tapestry of strategies, nuances, and insights. It becomes imperative for them to meticulously reassess and recalibrate their strategies, game plans, and playbooks to navigate the intense landscapes of the game adeptly.

Handling 52

Handling Optimization Software Supply Chain Planning Software Cost Reduction 52

EazyStock

APRIL 18, 2023

Inflation Inflation has been increasing for the past few years, hitting record levels in 2022. In 2022, inflation rates peaked at 9.1% When demand fluctuates, and costs rise, it can be tempting to throw out long-term strategies to react to these changes. in 2023 and 4.3% How will higher prices impact customer demand?

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Inventory Reduction Optimal Sourcing 52

The Logistics of Logistics

JUNE 23, 2022

WRITTEN BY CELINE CLAYTON / POSTED ON MAY 19, 2022. Automated systems and real-time data analytics allow for better management of delivery options overall. The Last-Mile Needs a Sustainable-First Strategy. Contact OneRail for a demo and learn more about maximizing last-mile delivery in retail today.

Supply Chain Planning Software 150

Supply Chain Planning Software Optimal Sourcing Supply Chain Software Logistics Network Optimization Software 150

The Logistics of Logistics

MARCH 14, 2023

Original article: PODCAST: Modern Courier Delivery Compliance Considerations: Understanding SOX and SOC Compliance Logistics and supply chain are some of the world’s most complex and regulated industries, which has been further compounded by increasing reliance on data and technology in both fields. What Is SOC Compliance?

Compliance 195

Compliance Supply Chain Design Software Supply Chain Planning Software Logistics Network Optimization Software 195

Locus

DECEMBER 15, 2022

Data insights + Machine Learning = Increased ability to predict SLA breaches. Last-mile visibility helps you generate comprehensive data insights on your current and past deliveries. In a May 2022 survey , 94% of consumers stated that positive customer service experience made them more likely to buy again. Schedule a Demo.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Planning Software Purchasing Skills Procurement Analytics 52

Locus

FEBRUARY 2, 2023

Post this development, every retailer thought strongly about implementing an omnichannel strategy for their business to acquire more customers. According to a study 1 , there were 268 million digital buyers in the United States in 2022, which was projected to increase to almost 285 million in 2025. Why choose Locus?

Capacity 52

Capacity Vendor Strategies Cost Reduction Optimization Software 52

Locus

MARCH 4, 2024

By integrating TMS into their operations, retailers can not only improve efficiency but also drive innovation and make data-informed decisions that enhance their overall supply chain strategy. According to research, a total of $619 billion was the cost of retail returns in 2022. Book a demo to know more!

Supply Chain Planning Software 52

Supply Chain Planning Software Optimization Software Cost Reduction Expense Reduction 52

FreightWaves SONAR

MARCH 1, 2021

The algorithm ingests millions of data points, including but not limited to tender data, operational costs, and demographic information and projects them 28 days into the future. . The weighted average calculation weights each lane’s value based on volume derived from tender data. excluding lanes under 250 miles in length).

Data 59

Data Modeling Software Price Reduction Cost Reduction 59

Locus

JUNE 21, 2022

Home delivery gained popularity during the pandemic and its demand has sustained up until 2022. This is largely possible as all applications communicate with each other and use the same data, making Locus’ dispatch management platform the single source of truth for all orders and channels. Schedule Demo. trillion in 2025.

Supply Chain Planning Software 52

Supply Chain Planning Software Optimal Sourcing Sourcing Strategies Optimization Software 52