EazyStock

DECEMBER 13, 2020

The pandemic has impacted industries differently across the board. While some businesses and entire industries like hospitality and travel have been shutting down, others like consumer staples, technology and safety products/PPE are thriving like never before. Did you have frequent stock-outs after adjusting your forecast?

Inventory Reduction 98

Inventory Reduction Sourcing Strategies Supply Chain Planning Software Cost Reduction 98

GoShip Blog

JANUARY 19, 2021

Of course, this is nothing new to the industry, but the COVID-19 pandemic made companies innovate ways to establish or maintain a strong online presence. It is important to stay focused on general industry trends, but it is equally important to consider the unique experience of your business when developing your 2021 strategy. .

Strategy 59

Strategy Tips Supply Chain Design Software Supply Chain Planning Software 59

Stord

JANUARY 11, 2022

From our daily engagement (and years of deep industry experience), these are some of the issues that should prove most impactful this year, and some ideas on how to overcome some of those challenges. For example, the price of 42# linerboard has gone up 35% in the last 12 months, over the course of 4-5 price increases.

Supply Chain Planning Software 78

Supply Chain Planning Software Supply Chain Software Optimization Software Optimal Sourcing 78

Logistics Bureau

APRIL 4, 2022

The answer is to benchmark your freight, of course. It simply means checking your company’s rates paid for freight transportation against those borne by its peers in the same or similar industries and shipping scenarios. The Pros and Cons of Procuring a Benchmarking Tool. Indeed, it’s a very straightforward concept.

Negotiating Skills 82

Negotiating Skills Purchasing Skills Logistics Network Optimization Software Supply Chain Planning Software 82

MTS Logistics

JULY 21, 2021

Although some industries are more suitable to work remotely, some are not. Of course, this process will not be like the “old normal” in many companies. Especially advanced virtual collaboration and communication tools play a key role in a successful remote working process.

Modeling Software 95

Modeling Software Digital Optimization Software Logistics Network Optimization Software 95

Ship Monk

JULY 27, 2022

We’re talking, of course, about demand forecasting, or the process of predicting customer demand for a product or service. What percentage do they account for in overall sales? 1 Passive Demand Forecasting – Passive demand forecasting, or trend projection, uses historical sales data to predict future sales.

eCommerce 52

eCommerce Inventory Reduction Cost Reduction Price Reduction 52

Forto

OCTOBER 30, 2020

Because one thing is certain: These days are an excellent opportunity for you to boost your sales and compete with your rivals. After all, these two days are only two of the biggest sale days in the e-commerce. billion in online sales in 2018. billion in online sales in 2018. That is an uplift of 23.3

How To 52

How To Price Reduction Inventory Reduction Purchasing Skills 52

WorkWave

FEBRUARY 20, 2024

A reliable starting point often begins with establishing an hourly rate that aligns with industry standards while also factoring in your specific operational needs and profit margin goals. You’ll need to assess how long each task will take based on past electrical jobs or industry standards.

Negotiating Skills 52

Negotiating Skills Purchasing Skills How To Modeling Software 52

Ship Monk

JULY 12, 2023

Josh, a California native, brings an extensive range of distinguished technology expertise and a proven record of enterprise leadership to bolster ShipMonk’s position as a global leader within the ecommerce logistics and fulfillment industry. What drew you into the world of technology-based logistics?

Supply Chain Planning Software 52

Supply Chain Planning Software Modeling Software Logistics Network Optimization Software Meeting 52

Ship Monk

JANUARY 31, 2024

For example, our advanced 3PL platform looks after every aspect of your supply chain in an efficient, effective way and our Virtual Carrier Network safeguards your shipping by always applying the best rates and speeds while not handcuffing you to any carrier. Of course we’re talking about your ecommerce store’s data security.

eCommerce 77

eCommerce Security Supply Chain Planning Software Supply Chain Design Software 77

ShipLilly

JUNE 28, 2021

Returns are a significant issue among the electronics Industry, where they comprise $10 billion worth of additional cost every year. On the back end making better use of existing data provides companies with the tools necessary to predict when returns will take place. This process alleviates the need to return products entirely.

Vendor Strategies 98

Vendor Strategies Cost Reduction Expense Reduction Inventory Reduction 98

Ship Monk

JUNE 16, 2023

And within those two words are endless possibilities for enhanced customer satisfaction, increased sales, and more affordable shipping for your business. Let’s take a concise dive into seven key areas of this critical ecommerce brand tool for boosting business. Others can be early access to sales, exclusive merchandise, and more.

eCommerce 52

eCommerce Purchasing Skills Procurement Solutions Purchasing 52

Forto

NOVEMBER 20, 2019

Because one thing is certain: These days are an excellent opportunity for you to boost your sales and compete with your rivals. . After all, these two days are only two of the biggest sale days in the e-commerce. . billion in online sales in 2018. billion in online sales in 2018. That is an uplift of 23.3

Price Reduction 40

Price Reduction Inventory Reduction Purchasing Skills Cost Reduction 40

Logistics Bureau

JULY 10, 2023

To do so on an industrial scale—meaning that you wish to set up distribution facilities and establish a logistics network in the new geography—is no mean feat. It can be like painting the Sydney Harbour Bridge, as you tackle issue after issue, only to see those same problems crop up again later.

3PL 53

3PL Logistics Network Optimization Software Negotiating Skills Inventory Reduction 53

GlobalTranz

AUGUST 25, 2015

Not surprisingly, when the employee taking on these responsibilities becomes over-burdened, he or she is most likely to become less efficient in regular work assignments—and, unfortunately, very often without succeeding in yielding the desired freight costs management results after all. Contact Network Development. bean counter").

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Negotiating Skills Cost Reduction Optimal Sourcing Resource Reduction 109

Logistics Bureau

JANUARY 3, 2018

It’s also the time when I start to think about sharing my thoughts on trends for the coming year , but of course, stop short of trying to make predictions. Ask questions later” approach to multi-channel and omnichannel strategies in their haste to avoid losing sales to ecommerce giants like Amazon.

Supply Chain Design Software 76

Supply Chain Design Software Supply Chain Software Logistics Network Optimization Software Supply Chain Design 76

Talking Logistics

OCTOBER 9, 2018

Of course, all of this is easier said than done, but new challenges tend to require new strategies and new innovation. After all, things are working, nothing is actually broken, and it’s easy to become complacent with regard to continuous operational improvement efforts. Freight Capacity Crisis: How Did We Get Here So Quickly?

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Capacity Freight Logistics Network Optimization Software Supply Chain Software 68

EazyStock

DECEMBER 17, 2019

Green supply chain management practices can be included in every link of the supply chain from material sourcing and selection, product design, manufacturing processes, product delivery, and even product disposal after the product’s useful life. For example, governments are opening access to export tools and guidance.

Supply Chain Software 81

Supply Chain Software Supply Chain Planning Software Supply Chain Design Software Supply Chain Design 81

Forto

MARCH 17, 2020

The more than 200 million migrant workers who have been sent into quarantine are slowly returning to their jobs, but an end to the crisis for the logistics industry is far from in sight. After all, it is also about the customer’s business, which comes under pressure if its partners don’t present options for action. .

Logistics Network Optimization Software 52

Logistics Network Optimization Software Modeling Software Supply Chain Software Logistics 52

GlobalTranz

MAY 28, 2015

Personalization is a technology that helps website owners create a unique customer experience, based on results of past search and sales history, utilizing personal customer information, taking into consideration their interests and improving customer services. Personalized E-Mail Campaign. Social Networks Personalization.

Supply Chain Software 93

Supply Chain Software Vendor Strategies Supply Chains Waste Reduction 93

EazyStock

MARCH 11, 2019

Once you know what’s in your inventory, make sure you don’t let it slide back into chaos by investing in an inventory management tool. A WMS is a critical tool for optimizing any warehouse operating at scale. Give your employees the tools to succeed. Make sure your WMS is meeting your needs. . Get your hands dirty. .

Optimization Software 40

Optimization Software Efficiency Supply Chain Software Inventory Reduction 40

Logistics Manager

APRIL 2, 2019

For the warehouse and logistics industries the stakes are high, especially in current times, and with tight margins there is little room for error. With such history and experience, it’s clear to see why they have garnered such high praise in the industry. Bringing Swiss Quality to Thailand.

Automation 37

Automation Logistics Network Optimization Software Tracking and Tracing Expense Reduction 37

GlobalTranz

AUGUST 9, 2017

Today, it has become one of the largest sectors within the shipping industry, and shippers are looking for ways to squeeze better profit margins from carriers and the consumers. Surcharges have become commonplace in shipping after rising costs, notably the sudden spike in gas prices over recent years. Negotiations. Surcharges.

Negotiating Skills 49

Negotiating Skills Price Reduction Cost Reduction Waste Reduction 49

Automotive Logistics

FEBRUARY 8, 2019

Brazil, of course, then after that Europe. For the automotive industry this tends to be an issue. Second, we used to be an industrial company, but our business model is changing a lot as we are becoming this brand with retail operations. Which are your biggest markets? Not congestion – our problem is space.

Supply Chain Planning Software 28

Supply Chain Planning Software Negotiating Skills Supply Chain Software Modeling Software 28

Talking Logistics

SEPTEMBER 12, 2017

As a leader, you need many tools to eliminate this mindset. The path you need to take will depend on how long you’ve been stagnant and how far you’ve veered off course from your goals––but be prepared for an out-of-box solution to get back on track. Keep an Eye on Holistic Company Health. To Sum It All Up.

Supply Chain Planning Software 63

Supply Chain Planning Software Supply Chain Software Supply Chains How To 63

Logistics Manager

NOVEMBER 15, 2019

For the warehouse and logistics industries the stakes are high, especially in current times, and with tight margins there is little room for error. With such history and experience, it’s clear to see why they have garnered such high praise in the industry. Bringing Swiss Quality to Thailand.

Automation 28

Automation Logistics Network Optimization Software Tracking and Tracing Expense Reduction 28

Ship Monk

OCTOBER 17, 2022

The risk that comes with that, of course, is what can happen to your “baby” if you completely entrust its growth and care to someone else. A 3PL gives eCommerce brands extra tools to balance the different operational demands of their businesses. Technology is at the crux of advancement in any industry.

eCommerce 78

eCommerce 3PL Logistics Network Optimization Software Supply Chain Design Software 78

Ship Monk

MARCH 11, 2024

In the service industry, such as here at ShipMonk, potential clients are making a much larger decision than a new pair of jeans. Of course, sometimes following the herd can lead us astray. After all, opinions are subjective; they can be wrong, and they can change on a whim (or a single post from an influencer).

eCommerce 89

eCommerce Logistics Network Optimization Software Case Study Procurement Solutions 89

FLS Transport

JANUARY 4, 2021

And some capacity was expected to leave the market after a really tough 2019 for carriers. One data point shows inventories declined 9% year-over-year while sales increased 9%. Industrial production and manufacturing are also coming back online. As we entered the year, it was supposed to be a year of modest growth.

Freight 52

Freight Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software 52

WorkWave

AUGUST 8, 2022

For example, if a company aims to increase its sales by 15% over the course of a year, they might offer a bonus to all team members who achieve this goal. You can also leverage it as a marketing tool, allowing you to tell people about the holiday bonus when they’re considering hiring you.

Negotiating Skills 52

Negotiating Skills Optimization Software Buyer Training Cost Reduction 52

GlobalTranz

JANUARY 4, 2016

As you will see from one of our trends, we in the supply chain industry, and as we first hand know at Cerasis, that if you do not have the fundamentals down and the right people in place, it is very tough to get the results you seek. After reading, we'd love to hear from you in the comments section below.

Supply Chain Planning Software 91

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 91

Freightera

OCTOBER 11, 2017

As graduates of the inaugural Techstar retail class last year , we’ve had the opportunity to pursue our goal of improving the collaborative and productivity tools for millions of hourly workers. Being in Minneapolis has also connected us to a caliber of enterprise sales talent rich with deep retail experience.

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After-sales Cost Reduction Resource Reduction Production 38

The Logistics of Logistics

JUNE 30, 2022

Prior to the pandemic, most folks who weren’t in the industry didn’t give much thought to global supply chains. If you’re looking for fresh, up-to-speed industry updates, here’s a list of 55 logistics, supply chain and global trade influencers that our team recommends you follow on LinkedIn and Twitter. Lisa Anderson.

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Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 195

Logistics Viewpoints

JULY 18, 2022

Despite their size, few people outside their industry have heard of them. of in-stock products ship the same business day from our DCs; that is best of breed for any industry.” Products, of course, can be picked up at the branches. The company uses a network design tool from Coupa. The Ferguson Supply Chain.

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Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 132

Logistics Bureau

OCTOBER 11, 2021

While the pandemic has helped ecommerce companies increase sales immeasurably, it has, at the same time, disrupted the global supply chains that so many retailers rely on and, by accelerating ecommerce sales growth so quickly, placed immense pressure on distribution networks.

eCommerce 62

eCommerce Supply Chain Planning Software Negotiating Skills Material Savings 62

Ship Monk

AUGUST 30, 2023

An ecommerce conversion rate is the percent of visits (or sessions) to your website that result in a sale. Conversion Rates by Industry It’s also important to note that conversion rates vary by industry and product category. What is an Ecommerce Conversion Rate? But the most commonly used benchmark tracks purchases by visits.

eCommerce 52

eCommerce How To Procurement Analytics Purchasing Skills 52

Ship Monk

OCTOBER 24, 2023

Competition—it can be a great thing that pushes us to be our best, but it can also be terribly stressful depending on your industry. With the right product, right team , and right tools, any small ecommerce brand can effectively challenge big ecommerce brands. For small ecommerce brands, competition is part of daily life.

eCommerce 64

eCommerce Eliminating Excel in Purchasing Procurement Solutions Buyer Training 64