Ship Monk

AUGUST 30, 2023

Conversion Rates by Industry It’s also important to note that conversion rates vary by industry and product category. So what you may think is a low conversion rate may actually be pretty good for your product category. But the most commonly used benchmark tracks purchases by visits. Let’s start with the product pages.

eCommerce 52

eCommerce How To Procurement Analytics Purchasing Skills 52

GlobalTranz

JUNE 30, 2017

For example, a customer is a shoe store may purchase shoes, but if offered a new brand of socks, he or she refuses. While this example is a bit extreme, it highlights how a longer buying cycle can translate into insights for manufacturers. More importantly, it gives manufacturers a chance to find out more about what the customer wants.

Manufacturing Procurement 82

Manufacturing Procurement Procurement Analytics After-sales Price Reduction 82

Logistics Bureau

DECEMBER 4, 2023

The answer depends, of course, on your company’s objectives and, particularly, on your customer service promises. It’s a random approach in which, for example, a consignment of electric blenders might find a home in a storage location between bottles of shampoo on one side, and dog collars on the other.

Inventory Reduction 88

Inventory Reduction Eliminating Excel in Purchasing Inventory Waste Reduction 88

10xLogistics

FEBRUARY 6, 2016

Anyone who reads my blog regularly knows I am not a fan of this carrier creation called "be a shipper of choice". To simplify my reasons I break my reasons down into three categories: The carriers themselves speak as a commodity. But, of course, the 3PL makes more money off of these higher rates so on and on it goes.

3PL 48

3PL Price Reduction Supply Chain Software Course 48

Logistics Bureau

OCTOBER 20, 2021

As an example of how illuminating the perfect order KPI can be, let’s look briefly at damage-free delivery as an example. For example, if the on-time percentage is 98%, the in full is 93%, the damage-free is 99%, and the orders with correct documentation is 96%, the calculation will look like this…. x 0.96 = 0.8661.

Supply Chain Design Software 97

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 97

Logistics Bureau

NOVEMBER 4, 2019

For example, some consumers will want to save money above all else, either generally or in a specific shopping scenario. . The third category of shopper sits somewhere in the middle, and while not wanting to wait several days to receive her purchases, is averse to paying a high delivery charge. . The Problem of Fixed Delivery Days.

Purchasing Skills 48

Purchasing Skills Negotiating Skills Negotiate Pricing Freight 48

GlobalTranz

OCTOBER 30, 2017

Luckily, she slowed from a Category 5 down to a 3 or 2 before hitting the bulk of land in her path. Of course, the modern supply chain ties into all of this, as well. Flooding would be a great example of this, ruining many homes and buildings, and causing debris and materials to float and move about freely.

Supply Chain Planning Software 49

Supply Chain Planning Software Scenario Planning Logistics Network Optimization Software Logistics 49

GlobalTranz

MAY 20, 2015

We have talked a great deal about the evaulation of suppliers on our blog and this post continues that great tradition. In fact, we are introducing our newest blog category so you may easily read all supplier quality management type posts here. . The definition of this metric is similar to the way it sounds.

Procurement Analytics 99

Procurement Analytics Supply Chain Planning Software Supply Chain Software Manufacturing Procurement 99

Ship Monk

FEBRUARY 15, 2023

If you’ve been wanting to learn more about how automation positively impacts 3PLs, and the ecommerce businesses they’re committed to, this is the blog for you. An example of a cobot you may see in a warehouse is a box folding mechanical arm. The Cobot category of robotics is not as tested as AMRs.

Supply Chain Design Software 52

Supply Chain Design Software Optimization Software Supply Chain Software Logistics Network Optimization Software 52

EazyStock

APRIL 23, 2019

Can you give examples of processes or tasks you help to automate? . Invoice management, for example, is an area where there are smart and easily accessible systems that electronically handle the invoices. And it’s of course fun and rewarding to be able to help those who are really in trouble.

Automation 49

Automation Optimization Software Eliminating Excel in Purchasing Inventory Reduction 49

EazyStock

APRIL 23, 2019

Can you give examples of processes or tasks you help to automate? . Invoice management, for example, is an area where there are smart and easily accessible systems that electronically handle the invoices. And it’s of course fun and rewarding to be able to help those who are really in trouble.

Automation 40

Automation Optimization Software Eliminating Excel in Purchasing Inventory Reduction 40

10xLogistics

JUNE 11, 2013

And, of course, there is everything in between. While a great strategy to manage these relationships is a subject too complex for a blog posting, and usually too complex for my short discussion, I do get asked "what is the one thing" they can do. P eople will always act in their own self interest. from the products they are selling.

3PL 54

3PL Outsourcing Sourcing Strategies Cost Reduction 54

WorkWave

JULY 31, 2019

For example, if you post an ad for lead generation without investing any time into guiding your target audience through a social sales funnel, you will fail to reach your goals. Before I added the “must also match” category, my audience was over 770,000, so narrowing down is helpful as well. Creating Thumb-Stopping Content.

Waste Reduction 58

Waste Reduction Price Reduction Strategy How To 58

Forto

JANUARY 15, 2020

Because of the increased sales of course. . Simply let Amazon do the main marketing work by promoting Prime Day for example. Make every effort to get on “Top Ten” lists for your product category. You can also read up on more content on our blog. But why the hassle of an extra set up? Get creative with marketing.

Purchasing Skills 40

Purchasing Skills Logistics Network Optimization Software Price Reduction Procurement Solutions 40

FreightWaves SONAR

APRIL 29, 2021

Of course, during that same period, many retailers performed extremely well. Heightened demand uncertainty with variability by geography and category. Seattle to LA: An example of a backhaul lane where shippers have pricing leverage. That description is particularly apt to describe the retail industry.

Negotiating Skills 52

Negotiating Skills Cost Reduction Data Sourcing Strategies 52

Logistics Bureau

JANUARY 31, 2022

If you follow the Logistics Bureau blog, you might recall that we have, once or twice, made passing reference to the concept of the circular supply chain , primarily in our articles focused on developing trends in the supply chain and logistics sector. Examples of the Circular Supply Chain in Action.

Supply Chain Design Software 71

Supply Chain Design Software Supply Chain Design Supply Chains Waste Reduction 71

Logistics Bureau

JULY 18, 2022

As you’ll know, if you follow our blog regularly, Logistics Bureau does a great deal of work related to supply chain strategy development and alignment. Another thing we talk about quite often on our blog is how companies often misjudge the needs and preferences of their customers. Step 1: What do Your Customers Want?

Inventory Reduction 107

Inventory Reduction Resource Reduction Vendor Strategies Cost Reduction 107

Logistics Bureau

DECEMBER 19, 2022

If you browse through the Logistics Bureau blog, you’ll find at least two or three articles—and about the same number of videos—that cover warehouse product slotting. For example, slotting strategies often involve placing the fastest-moving SKUs close to the warehouse dispatch zones, minimising picking operatives’ travel distances and times.

Production 93

Production Inventory Reduction Cost Reduction Resource Reduction 93

Logistics Bureau

JANUARY 30, 2023

A new year is underway, and what better way to begin our 2023 blog activity than with a summary of the freshest news from the supply chain and logistics theatre? But, of course, with so many cases in such a vastly populated nation, the risk of a new variant emerging to start the whole cycle over again cannot be underestimated.

Supply Chain Planning Software 93

Supply Chain Planning Software Supply Chain Software Supply Chains Logistics Network Optimization Software 93

247 Customs Broker

APRIL 5, 2018

Gilmore Says… In a great example of the balance in this book, Sheffi notes the actual evidence of consumer preference for Green products is tenuous at best. In fact, after reading Sheffi’s examples, I’m surprised more companies haven’t been forced to be zealous advocates.

Supply Chain Planning Software 28

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 28

Infosys Supply Chain Management

APRIL 8, 2013

Product Categories. View all Infosys blogs. The Infosys global supply chain management blog enables leaner supply chains through process and IT related interventions. have characteristics which are associated to its length and may differ throughout its course. Business Assurance: Supply Chain Blogs. Banking Suite.

Blog 25

Blog Manufacturing Procurement Supply Chain Planning Software Sourcing Strategies 25

EazyStock

JULY 26, 2019

Many different firms have developed their own versions since then, but the key principles remain the same: Category A: this is the smallest category and consists of the most important stock items. Category B: will generally be larger in terms of volume of SKUs and will usually be made up of products of less value.

Production 40

Production Optimization Software Packaging Tips 40

247 Customs Broker

APRIL 19, 2018

An off-cited analysis from McKinsey in late 2017, for example, found automation could destroy as many as 73 million US jobs by 2030, about one third of all jobs in the country. For example, in a story I remembered that we ran in 2014, a company called Parkdale Mills had recently re-opened a factory near Gaffney, SC that now produces 2.5

Supply Chain Planning Software 28

Supply Chain Planning Software Supply Chain Software Supply Chain Design Software Supply Chain Design 28

Infosys Supply Chain Management

SEPTEMBER 30, 2014

Analysis & Probable Solution : The conversation which is mentioned in the blog titled "Typical Challenges in a Repair & Return - Part 1" brings out some of the key issues which are pertinent to a repair & return process. Of course buy in from operations management team is a prerequisite to this as well.

Analysis 30

Analysis Inventory Definition Availability 30