Talking Logistics

SEPTEMBER 24, 2018

In fact, two-thirds of the companies surveyed characterized their omni-channel fulfillment performance (relative to peers in their industry) as average or below, with 30 percent characterizing it as below average. Source: “Omni-Channel Logistics Leaders: Top 5 Inventory Insights,” Adelante SCM & LEGACY SCS.

Optimal Sourcing 77

Optimal Sourcing Inventory Nodes Manufacturing Procurement 77

AIMMS

FEBRUARY 3, 2020

Moving past waste, water, and C02 reduction, they have begun searching for renewable energy sources, different forms of packaging, and increased efficiency overall. More and more enterprises will be focusing on processes like ethical sourcing, reverse logistics, and using green materials in response to public demands.

Supply Chain Planning Software 133

Supply Chain Planning Software Supply Chain Software Scenario Planning Supply Chains 133

Freightos

FEBRUARY 16, 2020

The digitization of commerce created a path for giants like Amazon and Alibaba to dominate their respective storefront/fulfillment and sourcing roles in the market. Tariffs of course have impacted enterprise US businesses in tangible ways including higher costs to purchase imported goods and reductions in US manufacturing.

Supply Chain Software 71

Supply Chain Software Supply Chains Purchasing Skills Manufacturing Procurement 71

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. Put simply, demand forecasting uses a variety of data to foresee customer demand and inform major business decisions, from launching new products to finding the perfect 3PL partner. What is Demand Forecasting?

eCommerce 52

eCommerce Inventory Reduction Cost Reduction Price Reduction 52

Freightos

MARCH 17, 2019

Source: SGX, Freightos Baltic Index. So we asked them by conducting a survey in November 2018. This, of course, requires a reputable global freight index. A small but significant share of survey respondents are currently using index-linked contracts. Source: Freightos Index Linking Survey.

Optimal Sourcing 48

Optimal Sourcing Procurement Price Reduction Freight 48

Logistics Viewpoints

MAY 27, 2021

Capacity can be easily ramped up or down due to product seasonality, holidays and of course global events such as the COVID-19 pandemic. In a McKinsey surveyed, 59% of participants stated that a lack of executive vision was a significant obstacle to the digital transformation of their organization. [2] The payoff is well worth it.

eCommerce 138

eCommerce Optimal Sourcing Supply Chain Software Supply Chain Planning Software 138

Penske Move Ahead

OCTOBER 1, 2019

The majority of respondents taking part in the 2019 Council of Supply Chain Management Professionals/Penske Logistics Young Professionals Survey, which surveyed more than 100 supply chain professionals under age 30, said they enjoy working in the supply chain and that it makes them content.

Supply Chain Planning Software 27

Supply Chain Planning Software Supply Chain Software Supply Chains Scenario Planning 27

AIMMS

FEBRUARY 3, 2020

Moving past waste, water, and C02 reduction, they have begun searching for renewable energy sources, different forms of packaging, and increased efficiency overall. More and more enterprises will be focusing on processes like ethical sourcing, reverse logistics, and using green materials in response to public demands.

Supply Chain Planning Software 62

Supply Chain Planning Software Supply Chain Software Scenario Planning Supply Chains 62

Bringg

MARCH 24, 2021

This phase is concerned with everything starting with retailers sourcing products from the manufacturer or manufacturing the products themselves as a brand (which also includes steps such as assembling and product testing). And without that data, it’s impossible to have effective decision making. . GlobalTranz ).

Optimal Sourcing 62

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Supply Chain Design Software 62

Penske Move Ahead

OCTOBER 1, 2019

The majority of respondents taking part in the 2019 Council of Supply Chain Management Professionals/Penske Logistics Young Professionals Survey, which surveyed more than 100 supply chain professionals under age 30, said they enjoy working in the supply chain and that it makes them content.

Supply Chain Planning Software 20

Supply Chain Planning Software Supply Chain Software Supply Chains Scenario Planning 20

Ship Monk

AUGUST 8, 2023

Centralize customer interaction data. Centralizing this data allows anyone on your customer service team to step in at any time to resolve or escalate the issue, and it cuts down on the number of times your customer has to explain the issue. It may seem like you’re stating the obvious (Of course we got your order!

Ordering 52

Ordering Logistics Network Optimization Software Purchasing Skills Material Savings 52

Supply Chain Brain

JULY 16, 2018

As part of an annual effort, Accenture surveyed 30 A&D companies, encompassing original equipment manufacturers (OEMs) as well as tier 1 and 2 suppliers. Blockchain can also support the use of a digital thread , a framework for ensuring the smooth flow of data throughout an item’s lifecycle.

Supply Chain Planning Software 40

Supply Chain Planning Software Supply Chain Design Software Modeling Software Optimization Software 40

GlobalTranz

JUNE 15, 2017

The latest news from the world of high technologies: Microsoft is going to store data as DNA. The data science is gaining popularity together with the tremendous growth of information, generated in the world. Several techniques in this relation were already developed for you, for example, a 380-degree survey.

Buyer Training 84

Buyer Training Logistics Network Optimization Software Vendor Strategies Supply Chain Software 84

Blue Grace Logistics

OCTOBER 9, 2019

The study continues to find that shippers and their 3PL partners are developing a much greater awareness and synchronicity of goals, as well as how data sharing and new technology can help them advance those goals. Many of these include sourcing new suppliers and improving cross border relationships with trading partners.

Supply Chain Software 48

Supply Chain Software Optimal Sourcing Logistics Network Optimization Software Supply Chains 48

Logistics Bureau

JANUARY 7, 2020

Of course, it is helpful to have some statistics on hand to validate the statement above. 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. In 2014, a survey by Tompkins Consortium delivered a shocking revelation.

Supply Chain Design Software 122

Supply Chain Design Software Supply Chain Design Inventory Reduction Cost Reduction 122

Blue Grace Logistics

SEPTEMBER 19, 2019

As it is with most problems there is a lack of a clear and concise definition, according to an MIT study which conducted a survey of the apparel industry only to find wildly different results. Manufacturers and suppliers alike fear to expose their sources as they might lose the edge against their competition.

Definition 48

Definition Supply Chain Design Supply Chains Manufacturing Procurement 48

3PL Links

JULY 7, 2023

The Role of Data Analytics in Supply Chain Management | Image source: Pixabay This article describes the transformation that data analysis and the supply chain are fostering and how it will impact business intelligence. Intelligence-driven businesses are interested in supply chain management and data analysis.

Supply Chain Software 48

Supply Chain Software Supply Chains Data Logistics Network Optimization Software 48

247 Customs Broker

SEPTEMBER 24, 2018

In fact, two-thirds of the companies surveyed characterized their omni-channel fulfillment performance (relative to peers in their industry) as average or below, with 30 percent characterizing it as below average. Source: “Omni-Channel Logistics Leaders: Top 5 Inventory Insights,” Adelante SCM & LEGACY SCS.

Optimal Sourcing 28

Optimal Sourcing Inventory Nodes Manufacturing Procurement 28

GlobalTranz

JANUARY 10, 2017

Of course, the human controlling capacity for actual AI is still far from realistic, but the concept of a superior AI did make strides this year. A 2016 Accenture survey, reports RF Gen , explained how more companies are taking advantage of AI benefits through linked supply chains.

Manufacturing Procurement 65

Manufacturing Procurement Optimal Sourcing Procurement Analytics Procurement Solutions 65

Logistics Bureau

JANUARY 9, 2019

Of course, it is helpful to have some statistics on hand to validate the statement above. 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. In 2014, a survey by Tompkins Consortium delivered a shocking revelation.

Supply Chain Design Software 118

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

Blue Grace Logistics

SEPTEMBER 20, 2018

truck drivers still use paper logs to track hours of service, despite the federal mandate, says a new survey with 2,400 respondents from software-as-a-service (SaaS) company Teletrac Navman that provides GPS fleet tracking. . Source: [link]. Even still, one-third of U.S. 28 and another $142 million as of Aug.

Capacity 48

Capacity Negotiating Skills Optimal Sourcing Vendor Strategies 48

The Logistics Academy

JUNE 29, 2017

Every day, more data than we can imagine zings across that global conduit we call the Internet. Much of that data comes directly from devices, without human intervention. Drivers carry cell phones in their cars to feed GPS locations to a traffic information and navigation service, which uses the data to detect congestion.

Supply Chain Planning Software 40

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 40

Logistics Viewpoints

JANUARY 25, 2024

Some try delving into deep learning or a crash course in generative AI (GenAI), but I don’t recommend starting there. Instead start with the foundation of your AI strategy, which should be an understanding of your company’s supply chain and your data. Getting started with AI in supply chain might not start where you think.

Supply Chain Planning Software 139

Supply Chain Planning Software Supply Chain Software Supply Chains Scenario Planning 139

247 Customs Broker

OCTOBER 9, 2018

Even with a new round of tariffs having recently gone into effect, United States-bound imports are pegged to stay at what are being described as record-high levels, according to data in the new edition of the Port Tracker report, which was issued today by the National Retail Federation (NRF) and maritime consultancy Hackett Associates.

Materials Handling 28

Materials Handling Supply Chains Cargo Freight 28

Automotive Logistics

APRIL 23, 2018

Aptiv is taking a highly centralised approach to the logistics operation supporting the new division and has made Jeffrey Richards its global director of logistics and supply chain operations, responsible for the sourcing, network design, continuous improvement and emergency logistics for all operating units.

Supply Chain Design Software 43

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software 43

Trinity Logistics

JUNE 6, 2022

According to the Canadian Community Health Survey of Truck Drivers, 70 percent of truck drivers eat less than the suggested five servings of fruit and vegetables per day. Of course, you don’t have to give those kinds of foods up completely; just reduce your intake of them. MAXIMIZE FRUITS AND VEGGIES AT EVERY MEAL. Does it love me?

Trucking 89

Trucking Tips Refrigeration Scenario Planning 89

Supply Chain Brain

JANUARY 29, 2018

In theory, brick-and-mortar retailers have the same access to data generated by online sales, but that capability resides firmly within Amazon’s DNA. When it comes to actual stores, of course, retailers have the disadvantage of not knowing who’s shopping at any given moment — at least until someone makes a purchase.

Purchasing Skills 40

Purchasing Skills Price Reduction Procurement Solutions Sourcing Strategies 40

Logistics Viewpoints

JULY 18, 2022

The company sources goods from 34,000 suppliers out of 30 nations. Products, of course, can be picked up at the branches. Their associate engagement survey allows Ferguson to understand the driver’s impacting engagement across their 31,000 employees. 56% of employees surveyed were engaged. Across the US, Ferguson has 6.5

Supply Chain Design Software 132

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

SYSPRO Smarter ERP

JULY 14, 2022

Of course, the pandemic then hit global shores, not to mention the ripple effects of global trade wars. Here ERP is a vital investment as it delivers industry specific functionality for manufacturers and distributors and is a single source of the truth. In 2019, China accounted for 28.7 Top leadership support for Industry 4.0.

Manufacturing Procurement 116

Manufacturing Procurement ERP Supply Chain Software Supply Chains 116

GlobalTranz

MARCH 23, 2016

You use a Voice of the Customer (VoC) survey to obtain negatives and positives from your customers. Use Pareto’s 80/20 principle to prioritize both negative and positive feedback from your customers and employees and continuously improve daily based on this data. These metrics would, of course, be aligned and are updated every hour.

Manufacturing Procurement 54

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software Optimal Sourcing 54

Logistics Bureau

AUGUST 27, 2018

Of course, gamification can only be used in processes requiring human input, since it drives performance by way of motivation. The difference is quite subtle, but lies in the fact that while rewards (financial or otherwise) may play a part in logistics gamification , they should not become the sole source of motivation.

Logistics Network Optimization Software 48

Logistics Network Optimization Software Supply Chain Design Software Tips Supply Chain Software 48

Forto

JANUARY 10, 2020

Furthermore, the OECD Economic Surveys – Germany (April 2018) state that strong domestic demands and especially exports are “driving economic growth”. Check out our guest post on how data is actually the key to an improved supply chain. Finding The Best Costs. They have transparency about costs and delivery status.

Cost Reduction 40

Cost Reduction Price Reduction Sourcing Strategies Strategy 40

247 Customs Broker

MARCH 5, 2018

Machine learning can help companies make sense of all the data that can be harvested and provide recommendations on how to respond to likely disruptions or opportunities,” says Vernon. The goal is take all this data and be instructive with it, which is where machine learning comes in. Dynamic routing.

Supply Chain Planning Software 28

Supply Chain Planning Software Supply Chain Software Optimization Software Optimal Sourcing 28

GlobalTranz

APRIL 4, 2016

Of course, there are other factors affecting the American push towards reshoring and nearshoring. Data from the Consumer Product Safety Commission (CPSC), however, do allow us to take a partial look at recalls by country. manufacturers' decisions to reassess where they are producing or sourcing.

Manufacturing Procurement 53

Manufacturing Procurement Cost Reduction Price Reduction Inventory Reduction 53

247 Customs Broker

MARCH 7, 2018

Machine learning can help companies make sense of all the data that can be harvested and provide recommendations on how to respond to likely disruptions or opportunities,” says Vernon. The goal is to take all this data and be instructive with it, which is where machine learning comes in. Dynamic Routing.

Supply Chain Planning Software 28

Supply Chain Planning Software Supply Chain Software Sourcing Strategies Logistics Network Optimization Software 28

Ship Monk

AUGUST 30, 2023

How to Track Ecommerce Conversion Rates In order to measure your conversion rate, you need to collect the right data, track it for at least a year to set a baseline, and utilize powerful analytics tools to help you make sense of it. So, what is the right kind of data and how do you gather it? Where Should You Start?

eCommerce 52

eCommerce How To Procurement Analytics Purchasing Skills 52

Turvo

JUNE 10, 2020

Few areas of the supply chain are more susceptible than sourcing strategies. In the global economy, manufacturers may source raw materials from affected regions. Of course, a more diverse supply chain contains this protective effect—enabling multi-sourcing capabilities for all needed resources from cargo space to drivers and beyond.

Supply Chain Planning Software 53

Supply Chain Planning Software Supply Chain Software Supply Chains Scenario Planning 53