Logistics Viewpoints

MAY 27, 2021

In my Logistics Viewpoints article in April 2021, Building Profitability with Agility while Digitally Transforming the Supply Chain , I mentioned that we will continue to explore here the concrete steps in the digital journey and examples of determination from the top in addition to logistics operations. The payoff is well worth it.

eCommerce 139

eCommerce Optimal Sourcing Supply Chain Software Supply Chain Planning Software 139

Blue Grace Logistics

JULY 27, 2021

We explore how predictive analytics and big data with human sentiments can add value and amplify their supply chain strategies. 51% of the respondents in a global Reuters survey felt that the most perplexing challenge is the unpredictable nature of consumer demand. Simple Examples of Predictive Analytics.

Procurement Analytics 62

Procurement Analytics Supply Chain Planning Software Supply Chain Software Supply Chain Design Software 62

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. Keep reading to learn what demand forecasting is, why you need it, and how to implement it into your eCommerce strategy! The COVID-19 pandemic was a prominent example. #5 What is Demand Forecasting?

eCommerce 52

eCommerce Inventory Reduction Cost Reduction Price Reduction 52

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. The booming shopper interest in sustainability is having a major influence on supermarket operating strategies.

Supply Chain Planning Software 121

Supply Chain Planning Software Logistics Network Optimization Software Cost Reduction Waste Reduction 121

AIMMS

FEBRUARY 3, 2020

The Institute of Forest Management from the Technical University of Munich developed an AIMMS model that helps forest enterprises consider risks and strategies for carbon mitigation. Our recent Demand Forecasting survey shows that teams anticipate more complexity in the supply chain. Contact us for more information. .

Supply Chain Planning Software 133

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

Freightos

MARCH 17, 2019

So we asked them by conducting a survey in November 2018. For example, logistics providers reported that unless they paid extra during capacity crunches, 25% of their shipments failed to make the first available sailing. This, of course, requires a reputable global freight index. Source: Freightos Index Linking Survey.

Optimal Sourcing 48

Optimal Sourcing Procurement Price Reduction Freight 48

Logistics Viewpoints

FEBRUARY 8, 2022

For example, they might browse products online, but visit a brick-and-mortar store to finalize their selection. As just one example, Nike’s online sales grew by 75% in 2020 — but its profit margins fell from 45.5% due to the higher costs associated with online selling. While driving a projected $14.1

Optimal Sourcing 113

Optimal Sourcing Logistics Network Optimization Software Supply Chain Planning Software Optimization Software 113

Bringg

MARCH 24, 2021

A good example of such a strategic decision could be choosing a warehouse’s location. That being said, it’s also as important to consider competitors’ strategies to respond to demand. . For example, delayed shipping times or customer unavailability during delivery can disrupt the supply chain. More business, less waste.

Optimal Sourcing 62

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

Ship Monk

JUNE 16, 2023

For example, if your ecommerce brand asks for a birthday or birth month under the guise of special annual rewards, a customer will know to expect a free gift with purchase or discount at a specific time of year, which is a great incentive/prompt to shop then. This is just one example of how a tier system can be structured.

eCommerce 52

eCommerce Purchasing Skills Procurement Solutions Purchasing 52

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. Progress, yes, but not nearly enough.

Supply Chain Software 36

Supply Chain Software Supply Chains Cost Reduction Manufacturing Procurement 36

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. Progress, yes, but not nearly enough.

Supply Chain Software 36

Supply Chain Software Supply Chains Cost Reduction Manufacturing Procurement 36

AIMMS

FEBRUARY 3, 2020

The Institute of Forest Management from the Technical University of Munich developed an AIMMS model that helps forest enterprises consider risks and strategies for carbon mitigation. Our recent Demand Forecasting survey shows that teams anticipate more complexity in the supply chain. Contact us for more information. .

Supply Chain Planning Software 62

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

WorkWave

NOVEMBER 18, 2019

Additionally, some owners believe that up-charging customers and inflating prices is an effective strategy because it gives the appearance of legitimacy and quality. For example, things like termite treatment and bat infestations will require you to survey the area before deciding the best course of action.

Price Reduction 56

Price Reduction Material Savings Optimization Software Cost Reduction 56

GlobalTranz

JANUARY 17, 2017

Of course, reports Predictive Analytics Times , analytics also possess potential to change how companies obtain the raw materials for their products. For example, the aeronautics’ giant, Lockheed Martin, has embraced augmented reality during the manufacturing and repair processes, explains Industry Week. billion by 2021.

Manufacturing Procurement 82

Manufacturing Procurement Procurement Analytics Expense Reduction Material Savings 82

GlobalTranz

MAY 28, 2015

These are but extensions of the idea to maximize omni- channel strategies by putting the customer at the heart of the supply chain. . 5 Strategies to Personalize Your Web Experience to Put the Customer Focus at the Heart of the Omni-Channel Supply Chain. Services Personalization. Personalized E-Mail Campaign.

Supply Chain Software 93

Supply Chain Software Vendor Strategies Supply Chains Waste Reduction 93

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

The Logistics Academy

SEPTEMBER 28, 2017

Over the course of 2016, real revenue and volume growth in the air and sea freight forwarding markets was remarkably similar globally, but this disguises significant differences across important countries and regions, say analysts who keep a close eye on the market. DB Schenker and uShip, for example. Digitize or die.

Freight forwarding 56

Freight forwarding Digital Supply Chain Planning Software Freight 56

GlobalTranz

JUNE 15, 2017

Of course, it is not an absolute must among the logistics skills to have a basic knowledge about IT or technology-specific area to be good at supply chain domain. Several techniques in this relation were already developed for you, for example, a 380-degree survey. IT and technology literacy.

Buyer Training 84

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

GlobalTranz

JANUARY 28, 2016

Additionally, 81 percent of students who participated in Manufacturing Day 2015 who were surveyed showed an increased interest in pursuing a manufacturing career. For example, the Hirschvogel Automotive Group launched a program to teach students the art and skill set of working as a machinist in a die and punch shop .

Manufacturing Procurement 77

Manufacturing Procurement Sourcing Strategies Buyer Training Material Savings 77

247 Customs Broker

FEBRUARY 1, 2018

A recent series of surveys conducted by a prominent industry think tank indicates that the current state of global logistics is characterized by extreme urgency and the pressure to deliver above and beyond—regardless of mode. In each case, innovation and disruption was regarded as a “double-edged” sword. Technology key to logistics evolution.

Logistics Network Optimization Software 28

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

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. Schmidt cites the example of an electronics supplier that was participating in a classified government procurement program.

Supply Chain Planning Software 40

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

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

247 Customs Broker

FEBRUARY 5, 2019

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. We’ve created a simple three question survey to gather some insight into this issue and it takes only a minute.

Buyer Training 28

Buyer Training Survey Knowledge Base Logistics Network Optimization Software 28

GlobalTranz

MARCH 23, 2016

You use a Voice of the Customer (VoC) survey to obtain negatives and positives from your customers. These metrics would, of course, be aligned and are updated every hour. For example, if your strategy is to improve Quality, the people in the value stream would own a control chart of heat applied to the product.

Manufacturing Procurement 54

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

Ship Monk

APRIL 28, 2023

According to the Business of Sustainability Index , despite intense inflation since 2020, 66% of general US customers and 80% of young adult (ages 18-34) US customers surveyed in 2022 are willing to pay more for sustainable products/companies that embrace sustainable practices. Clearly explain cause and effect. We hope you do!

eCommerce 66

eCommerce Waste Reduction How To Material Savings 66

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. Take for example the implementation for an ERP system. The aim of this technological advance was to simply augment and enhance human ability.

Buyer Training 105

Buyer Training Factories Supply Chain Design Software Meeting 105

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

Logistics Bureau

NOVEMBER 2, 2020

One way to tell if a CSR programme is simply a marketing strategy is to check the length of the project. Companies have to pursue profits of course, (how else will they stay in business?) A Reputation Institute survey found that 91.4% Examples of CSR Programmes. Example #1: Lego. Example #2: Salesforce.

Waste Reduction 112

Waste Reduction Resource Reduction Supply Chain Design Software Supply Chain Planning Software 112

GlobalTranz

APRIL 4, 2016

Of course, there are other factors affecting the American push towards reshoring and nearshoring. If you want to see an example of offshoring verses reshoring, look no further than the illicit trade markets for name-brand fashion items. The political climates of foreign countries are becoming unstable. Will it expand or wane?

Manufacturing Procurement 53

Manufacturing Procurement Cost Reduction Price Reduction Inventory Reduction 53

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. Gamification is not just another term for incentivisation, at least not in the same sense as conventional incentivisation strategies. Source: Findings of a 2016 survey conducted by TalentLMS.

Logistics Network Optimization Software 48

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

GlobalTranz

FEBRUARY 25, 2015

What is an Example of Internet of Things? IBM’s Smarter Planet team created a 5-minute video that wholly explains Internet of Things and provides a brilliant example. In fact, he said IoT had the potential to change the world, just like the internet did (or “even more so”). According to Gartner, Inc.,

Manufacturing Procurement 107

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

The Logistics Academy

JUNE 29, 2017

billion in 2016, according to a BI Global Intelligence survey. Swisslog calls that strategy “prebubbling,” says A.K. Collecting data from sensors to monitor activities in real time is valuable, of course. For example, if a truck hits an object with substantial force, it might send a text or e-mail to a supervisor.

Supply Chain Planning Software 40

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

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 Inventory Reduction Operations 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. What should supply chain leaders be looking for to close the talent gap?

Supply Chain Planning Software 144

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

Logistics Bureau

SEPTEMBER 28, 2020

The key difference between the two can perhaps be explained in the following example: A 3PL provider working with a paint manufacturer may package and store products as well as transport them to retailers and/or customers. The best example of a 4PL model is Amazon.com. Amazon: A Hard 4PL Act to Follow. Some Australian 4PL Models.

4PL 116

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

Material Handling and Logistics

AUGUST 31, 2018

It’s true that the major issues in the supply chain—which were confirmed through MH&L ’s workforce survey process and published in an earlier article —are nuanced. For example, using smartphones and tablets instead of barcode scanners can make it easier to train your employees and for them to get work done.

Supply Chain Design Software 145

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 145

Blue Grace Logistics

SEPTEMBER 12, 2017

Results from the 2017 study show that roughly 75% of respondents are using the mix strategy (be all things to all people) as the predominant approach for their companies compared to the 51% who we reported utilizing a mix strategy in our 2016 results. 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