Logistics Business Magazine

DECEMBER 3, 2020

A recent study by the Women’s Forum for the Economy and Society in partnership with Kearney revealed that 35% of firms across a range of industries surveyed in Europe and North America have a supplier diversity programme, and a further 18% intend to develop one within the next three years. In the modern world, visibility means data.

Supply Chain Software 36

Supply Chain Software Supply Chains Cost Reduction Manufacturing Procurement 36

Logistics Viewpoints

FEBRUARY 8, 2022

For most companies, margins only declined further in 2021, as product shortages and transportation roadblocks forced all supply chain participants to make critical decisions on the fly, acting without complete information or hard data. The study projects a risk-adjusted $31.2 While driving a projected $14.1

Optimal Sourcing 112

Optimal Sourcing Logistics Network Optimization Software Supply Chain Planning Software Optimization Software 112

Blue Grace Logistics

JULY 20, 2022

Studies have shown that effective project planning leads to improved performance. This still holds true with 45% of survey participants citing inconsistent practices and processes across teams as one of the top challenges in adopting project management implementation. The role of effective technology in project management success.

3PL 62

3PL Supply Chain Planning Software Document Scenario Planning 62

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. The study showed that consumers place a higher value in a company that can prove the ethical treatment of their workers.

Definition 48

Definition Supply Chain Design Supply Chains Manufacturing Procurement 48

Bringg

MARCH 24, 2021

Studying the market is vital at this phase. When you have a particularly large supply chain network, with multiple third party teams and partners, data can too easily become siloed. And without that data, it’s impossible to have effective decision making. . Use data to reduce costs & properly forecast. GlobalTranz ).

Optimal Sourcing 62

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

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

Talking Logistics

OCTOBER 9, 2018

Solving the challenge and underlying issues will require focus and attention to internal processes, better communication with carriers and partners, and using technology to gather and make sense of the vast amount of data flowing through transportation networks. Focus on the Right Data.

Capacity 69

Capacity Freight Logistics Network Optimization Software Supply Chain Software 69

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

FEBRUARY 5, 2019

Rigorous data is scarce is in this area. Data from the National Science Foundation’s 2015 Survey of Doctorate Recipients reveals an unemployment rate for science, engineering and health (SEH) Doctorates is 1.78%, compared to the national average of around 4% at the time. However, that same report indicated that about 12.9%

Buyer Training 28

Buyer Training Survey Knowledge Base Logistics Network Optimization Software 28

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. For additional insights from the research study and recommendations, please download the report. Compliance to U.S.

Optimal Sourcing 28

Optimal Sourcing Inventory Nodes Manufacturing Procurement 28

GlobalTranz

FEBRUARY 25, 2015

Chips attached to individual items will transmit data such as identification, location, temperature, pressure, and humidity. Not only that, they will also be able to transmit traffic conditions and drive-specific data, such as average speed and driving patterns back to the central office.

Manufacturing Procurement 107

Manufacturing Procurement Optimization Software Logistics Network Optimization Software Supply Chain Planning Software 107

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

JULY 18, 2022

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. The survey focuses on four engagement questions on advocacy, pride, satisfaction and commitment. 56% of employees surveyed were engaged.

Supply Chain Design Software 132

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

Ship Monk

FEBRUARY 9, 2024

The process usually includes analyzing historical data for seasonal trends and product performance, as well as gathering current data on competitors, marketplace trends, future marketing plans and promotions. All of them rely on data, whether you’re using historical data or new findings gathered from consumer research.

eCommerce 85

eCommerce Inventory Reduction Operations Modeling Software 85

SYSPRO Smarter ERP

JUNE 27, 2022

Of course, robotics does not tell the full story, as the world of manufacturing has evolved even further over the last few decades, with the rise of data and smart, autonomous systems. According to Indeed.com , that broad skills set should include digital fluency, big data analytics and even knowledge around technologies such as ERP.

Buyer Training 105

Buyer Training Factories Supply Chain Design Software Meeting 105

WorkWave

FEBRUARY 20, 2019

Not all businesses are created equal, of course, and WorkWave wanted to understand, specifically, how those sorts of technologies are improving business processes and customer experience among a specific group–HVAC Service Providers. To that end, the survey found that 50.9%

Study 40

Study Digital Survey Reliability 40

Ship Monk

AUGUST 30, 2023

According to an ongoing study of 3,036 Shopify stores, the average conversion rate (visits that resulted in purchases) in 2022 was 1.3%. In fact, studies show that the more expensive your product or purchase type (such as a subscription), the more visits they will make before purchasing. Even when done well, it’s a miserably low rate.

eCommerce 52

eCommerce How To Procurement Analytics Purchasing Skills 52

Logistics Viewpoints

MARCH 21, 2021

According to one survey , only 27% of leaders believe that they have the talent needed to meet current supply chain performance requirements. We need problem solvers, people that can work with data from a data analytics perspective. The premise of the study was interesting. We need people that are adaptable.

Supply Chain Planning Software 144

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 144

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. Driverless trucks.

Supply Chain Planning Software 28

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

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. Driverless Trucks.

Supply Chain Planning Software 28

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

Logistics Bureau

SEPTEMBER 28, 2020

There are, of course, some other important differences between the two types of providers: 4PL is, in general, better suited for medium-to-large businesses , while 3PL is more suited to small-to-medium businesses. According to a study by The Insight Partners , the global 4PL market was valued in terms of revenue at $56,472.1

4PL 116

4PL Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Design Software 116

Blue Grace Logistics

SEPTEMBER 12, 2017

According to the findings from the “26th Annual Study of Logistics and Transportation Trends (Masters of Logistics)”, more companies are beginning to understand that new business models and new competition in the field are changing customer expectations. Cost is, of course, another important aspect of running a successful business.

Cost Reduction 67

Cost Reduction Logistics Network Optimization Software Price Reduction Sourcing Strategies 67

Automotive Logistics

JANUARY 31, 2018

There is good scope for the application of digital capabilities in solving problems related to track and trace, supplier manufacturing on a just-in-time and just-in-sequence basis, and studying supply chain risk including disruption and theft, according to Dharmani.

Optimal Sourcing 28

Optimal Sourcing Optimization Software Conference Supply Chain Planning Software 28

Turvo

JUNE 10, 2020

The study found that 41% of respondents were investing in automation at a faster clip in response to the crisis, with another 43% of business leaders saying they will speed up investments in digital and technology once some normality has returned. The only thing worse than not using data to make decisions is using outdated data.

Supply Chain Planning Software 53

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

Logistics Bureau

OCTOBER 28, 2020

With so many analytics applications available and all the hype about big data, a lot of companies are drowning themselves in supply chain data to the point where it’s hard to see the wood for the trees. Of course, manual systems allow small business owners to manage inventory with limited investment in systems.

Supply Chain Planning Software 82

Supply Chain Planning Software Supply Chain Software Supply Chains Inventory Reduction 82

Logistics Bureau

OCTOBER 28, 2020

With so many analytics applications available and all the hype about big data, a lot of companies are drowning themselves in supply chain data to the point where it’s hard to see the wood for the trees. Of course, manual systems allow small business owners to manage inventory with limited investment in systems.

Supply Chain Planning Software 62

Supply Chain Planning Software Supply Chain Software Supply Chains Inventory Reduction 62

247 Customs Broker

JANUARY 21, 2019

These solutions include dock automation, business intelligence, planning and management systems, Big Data analytics, SaaS applications and Cloud services—tools to modernize now weary legacy processes. More automation, contends Gardner, also serves to mitigate risk at the ports by introducing big data into the picture. GDP in 2019.

Supply Chain Planning Software 28

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

247 Customs Broker

APRIL 5, 2018

And of course most can’t. Of course, consumer brand companies are especially at risk from being tarred with an anti-sustainability brush. Sheffi does note there is some evidence that so-called millennials may be more willing to pay for Green, but the data is preliminary at best.

Supply Chain Planning Software 28

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

GlobalTranz

MARCH 28, 2017

At the close of 2016, the 21 st Annual Third-Party Logistics Study found the overall use of third-party logistics providers ( 3PLs ) is increasing, but the types of logistics services utilized indicate the industry is entering a shift in how it operates. 3PLs and Shippers Report Positive Partnership Outcomes. 3PLs are changing globally.

Study 75

Study Logistics Network Optimization Software Cost Reduction Resource Reduction 75

247 Customs Broker

APRIL 19, 2018

“The dire predictions that robots are going to take our jobs are overstated,” said Susan Lund, co-author of the study for McKinsey, adding “There will be enough jobs for everyone in most sectors.” The documentation can be useful historical data for any future endeavor. ” I wish I was that optimistic.

Supply Chain Planning Software 28

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

GlobalTranz

MARCH 28, 2016

AI gives you the ability to maintain these structures/natures of being dynamically continually learning and updating as new data passes through the system. These super-intelligent machines are already taking over factory workers, stock traders, data processors, even news reporters. Will they make all of us obsolete someday?

Logistics Network Optimization Software 56

Logistics Network Optimization Software Optimization Software Modeling Software Supply Chain Software 56

GlobalTranz

DECEMBER 23, 2014

Just as in the following five examples that reveal interesting data, best practices, and tips related to the supply chain. Supply Chain 2014 Infographic: The State of the Supply Chain: I recently came across an interesting infographic from SAPinsider and insiderPROFILES that showcased a survey around the State of Supply Chain 2014.

Supply Chain Planning Software 94

Supply Chain Planning Software Blog Supply Chain Software Supply Chains 94

Material Handling and Logistics

OCTOBER 26, 2018

Every year, in our annual MH&L Salary Survey , we ask readers to identify the biggest challenge they face in their jobs, and every year they tell us the same thing: finding, developing and retaining talent. In recent years, firms both large and small have launched new “Data Science” or similarly named groups.

Supply Chain Design Software 89

Supply Chain Design Software Supply Chain Software Inventory Reduction Supply Chain Planning Software 89