Remove Analysis Remove eCommerce Remove Study Remove Tools
article thumbnail

Maximize Ecommerce Supplier Relationships

Ship Monk

Whether your business is a small ecommerce startup or a big box retailer, the benefits of supplier relationship management are the same. SRM is more than a one-and-done analysis. A PricewaterhouseCoopers study showed that after negotiating a contract, an average of 25% of the savings were lost during the implementation process.

article thumbnail

Cost to Serve Analysis—And the Costs of Neglecting It

Logistics Bureau

Have you conducted a cost-to-serve (CTS) analysis for your enterprise? And that is the sole purpose of cost-to-serve analysis. If you were going to say, “What is a cost-to-serve analysis?” Only a complete cost-to-serve analysis will expose these underlying issues unless they happen to be discovered incidentally.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Logistics Predictions: How Did We Do in 2022 and What Will 2023 Look Like?

Logistics Viewpoints

Let’s take a look at what happened with the major themes, as well as the research and analysis we conducted in 2022 to help determine what those themes will look like in 2023. Consumers’ appetite for ecommerce and home delivery continued to grow in 2022 but has been tempered by high inflation in the latter half of the year.

article thumbnail

60% of Warehouse Leaders Plan to Deploy RFID by 2028

Logistics Business Magazine

Zebra Technologies Corporation today released the findings of its 2023 Global Warehousing Study, which confirmed 58% of warehouse decision-makers plan to deploy radio frequency identification (RFID) technology by 2028 which will help increase inventory visibility and reduce out-of-stocks.

article thumbnail

Integrating ERP and TMS: Why Your Business Needs Both Systems

GlobalTranz

While ERP systems provide excellent tools to manage accounting, human resources, customer relationships and more, they considerably lack the tools needed to properly manage transportation. This feature was named more often than all other features including supply chain visibility , warehouse management and eCommerce.

article thumbnail

Marketing Strategies for Small Businesses: 6 Steps to Building the Perfect Marketing Strategy 

GoShip Blog

If your small business must survive amidst the stiff competition in the eCommerce industry, formulating an effective marketing plan that targets your specific customer base is essential. So, if you want to engage with Baby Boomers and Gen X, use traditional marketing tools and get on social media platforms like Facebook and Twitter.

article thumbnail

Demand Forecasting: How It Enhances Ecommerce Operations

Ship Monk

As the holiday shopping season reaches its peak, ecommerce business owners everywhere are crossing their fingers, hoping they have enough product in stock and that they didn’t order too much. In truth, demand forecasting, or estimating how much product you’ll sell in the future, is one of the toughest challenges for any ecommerce business.