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. The COVID-19 pandemic was a prominent example. #5 1 Market Research – Market research gathers crucial customer data by means of surveying. But, to be fair, the wave of a magic wand doesn’t hurt.).

eCommerce 52

eCommerce Inventory Reduction Cost Reduction Price Reduction 52

Ship Monk

FEBRUARY 3, 2024

Direct mail, while not as eco-friendly and far more expensive, can be used to deliver a coupon to infrequent shoppers, or communicate big events, such as an annual sale or new product drop. Of course, what you say is just as important as how you say it. Like email, if abused, customers quickly learn to say STOP.

eCommerce 81

eCommerce Tips Procurement Solutions Logistics Network Optimization Software 81

Logistics Viewpoints

FEBRUARY 17, 2023

The American and Canadian militaries believe that the balloon was for surveillance, while the Chinese government said it was a civilian meteorological research airship that had blown off course. In its January survey of grocery executives and consumers, Grocery Doppio, a Jacksonville, Fla.-based Retailers in the U.S.

Supply Chain Planning Software 123

Supply Chain Planning Software Logistics Network Optimization Software Cost Reduction Waste Reduction 123

AIMMS

FEBRUARY 3, 2020

This promises to be a very eventful year. Besides the risk of extreme weather and other climate-related events, supply chain professionals are bracing for more trade uncertainty this year. Our recent Demand Forecasting survey shows that teams anticipate more complexity in the supply chain. Sustainability on the agenda.

Supply Chain Planning Software 62

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Freightos

FEBRUARY 16, 2020

The US-China trade war is another troubling example of how unexpected disruption can impact global trade and SMBs’ ability to compete. . Tariffs of course have impacted enterprise US businesses in tangible ways including higher costs to purchase imported goods and reductions in US manufacturing. So can SMBs pivot in time?

Supply Chain Software 71

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247 Customs Broker

MAY 8, 2018

Improved internal processes are, of course, helpful, but today’s competitive landscape is being redrawn by forwarders which are putting shippers’ needs first. Among the report’s key findings was that forwarders that quote manually took 57 hours on average—an improvement on previous surveys, but still 20th century performance.

Freight forwarding 28

Freight forwarding Supply Chain Planning Software Freight Sourcing Strategies 28

GlobalTranz

MARCH 23, 2016

You use a Voice of the Customer (VoC) survey to obtain negatives and positives from your customers. The Flex CEO, and board members are corporate leaders of this competitive event. While Kaizen events and continuous improvement (CI) projects provide breakthrough results, these are often not sustained. What are our pros/cons?

Manufacturing Procurement 54

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

247 Customs Broker

FEBRUARY 6, 2019

According to Youssef, other factors driving uncertainty include the ongoing global energy transition, structural shifts in economies (China for example) as well as shifts in global supply chain development. “If and Sparx Logistic to chart its own blockchain course by introducing paperless documentation.

Capacity 28

Capacity Supply Chain Planning Software Supply Chain Design Software Trends 28

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. Planners are buried in tedious tasks using legacy, fragmented technology, which 48% say doesn’t help them do their job effectively, according to a survey by the boom! Global Network.

Supply Chain Planning Software 141

Supply Chain Planning Software Supply Chain Software Supply Chains Scenario Planning 141

GlobalTranz

APRIL 4, 2016

Of course, there are other factors affecting the American push towards reshoring and nearshoring. Even though these events do not necessarily represent a threat on US soil, consumers want products that are related to safe areas. In this example, the consumer is paying for a product that was originally manufactured bit by bit overseas.

Manufacturing Procurement 53

Manufacturing Procurement Cost Reduction Price Reduction Inventory Reduction 53

Ship Monk

FEBRUARY 9, 2024

This type of data must be actively gathered by researching market trends, analyzing the competitive landscape, conducting consumer surveys and focus groups. Of course, the more data you need and the more sophisticated your methods are, the more expensive demand forecasting becomes. Qualitative data is more subjective.

eCommerce 84

eCommerce Operations Inventory Reduction Modeling Software 84

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. A skills assessment survey was done to measure potential gaps against a pre-determined skills matrix. The 2017 hurricane season,” Mr. Herzog said, “was a big event on our journey.

Supply Chain Planning Software 146

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 146

Automotive Logistics

APRIL 23, 2018

Richards explains that the visibility tool sits on top of the TMS (and is provided by the same technology company) and overlays other world events, including weather patterns, to employ predictive analytics. That changes the way we source and it changes the way we design the network.” ” – Jeffrey Richards, Aptiv.

Supply Chain Design Software 43

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

Automotive Logistics

JANUARY 2, 2019

By the time the December 2017 implementation deadline arrived, it was not the cataclysmic event some had feared would strand trucks on the side of the road, nor did it remove significant capacity from an already constrained market struggling to meet the logistical needs of a booming American economy. The road ahead.

Supply Chain Planning Software 48

Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Software Compliance 48

Turvo

JUNE 16, 2020

So it comes as no surprise that the biggest challenges for shippers, according to a 2019 survey, published by Inbound Logistics , revolve around lowering freight spend and e-commerce: “Nearly two-thirds of them—63%—cite cutting transportation costs as an important focus of their logistics efforts.

Logistics Network Optimization Software 64

Logistics Network Optimization Software Sourcing Strategies Cost Reduction Expense Reduction 64

Freightos

JULY 11, 2017

For example, there are over 100,000 companies that sell over $100,000 worth of goods annually. Stock Photo from prior event via Alibaba ). Pioneers may lack coverage (for now), according to a Transport Intelligence mystery shopping survey, but this will soon change. Ecommerce is one reason. Forwarders Are Cutting Cost Of Sale.

Purchasing Skills 61

Purchasing Skills Price Reduction Cost Reduction Manufacturing Procurement 61

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

GlobalTranz

MAY 23, 2017

Google 'percent of B2B purchases that start with a search' and you'll see many studies showing that the number is somewhere around 66% to 93%, and many of these surveys are a year or two old. Here is an example from one of our clients: Over 4.6 announce an event. Those sites are not going to get found much. infographic.

Manufacturing Procurement 75

Manufacturing Procurement Waste Reduction Blog Waste 75

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

Logistics Viewpoints

NOVEMBER 7, 2022

China, of course, is likely to react to these measures in ways that may be hard to predict. Honda’s actions provide one example of this. Multinationals knew that events could occur that could cost them tens, or hundreds of millions of dollars. But these events were not predictable. Risk management had been a hard sale.

Supply Chain Planning Software 128

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 128

GlobalTranz

JULY 8, 2015

It’s a story we have all heard: nature is a repetitive circle of events. Throughout the course of business, there will be a series of recurring updates for equipment, software, and materials. For example, a returned product may only require rewrapping of exterior for sale to a secondary consumer. Cost Management.

Reverse logistics 110

Reverse logistics Material Savings Cost Reduction Logistics Network Optimization Software 110