Logistics Viewpoints

JANUARY 26, 2021

The hyper-focus on meeting customer expectations is also creating pressures upstream in the supply chain, as manufacturers extend visibility and collaboration beyond their own walls to avoid any disruptions. To meet customers’ growing expectations for personalized offerings, the typical company’s product lines have grown exponentially.

Supply Chain Software 161

Supply Chain Software Supply Chain Planning Software Definition Supply Chains 161

Logistics Viewpoints

AUGUST 23, 2021

In one McKinsey survey of more than 100 large organizations in multiple sectors, companies that regularly collaborated with suppliers demonstrated higher growth, lower operating costs, and greater profitability than their industry peers. The LevaData solution, for example, speeds up sourcing significantly.

Collaboration 163

Collaboration Supply Chain Planning Software Optimal Sourcing Modeling Software 163

Ship Monk

JANUARY 19, 2024

An ecommerce store is a branded website where products from a single seller can be purchased over the internet. Building an online storefront can be as simple as adding an open-source shopping cart plugin, such as WooCommerce, to your WordPress website, or as complex as a custom-coded ecommerce platform like BestBuy.com.

eCommerce 91

eCommerce Logistics Network Optimization Software Optimization Software Purchasing Skills 91

Logistics Viewpoints

OCTOBER 8, 2021

According to Bank of America Securities, chicken commodity prices have doubled this year. Walmart has its first customer, as Home Depot will use Walmart drivers to deliver paint, tools, and other online purchases to customers’ doors. billion in July, according to Commerce Department data released Tuesday. percent to $73.3

Purchasing Skills 107

Purchasing Skills Logistics Network Optimization Software Manufacturing Procurement Price Reduction 107

FreightWaves SONAR

FEBRUARY 11, 2021

As reported by DC Velocity , “the 2020 Fleet Advantage Industry Benchmark Survey noted, “11% of transportation fleets estimate they have saved more than $1 million in crash avoidance by upgrading to newer trucks with advanced safety features.” The data from benchmarking trucking fleets provides companies with a wealth of information.

Procurement Analytics 98

Procurement Analytics Trucking Optimization Software Operations 98

Logistics Viewpoints

APRIL 14, 2022

Experts from North Carolina State University and GEP conducted a survey on supply chain, procurement and IT leaders to determine their challenges and priorities, focusing on examining gaps in the supply chain. Such a gap is problematic, as it could lead to higher costs, longer cycle times and less resilience.

Supply Chain Planning Software 125

Supply Chain Planning Software Supply Chain Software Collaboration Supply Chains 125

Logistics Business Magazine

AUGUST 2, 2023

(NYSE: IOT), a pioneer of the Connected Operations Cloud, today announced new research, revealing that over half (55%) of physical operations leaders surveyed in the UK and Ireland could have a hybrid or electric fleet by 2025, rising from 42% currently. Another obstacle for many (46%) is the cost of electrifying their fleet.

Survey 55

Survey Procurement Analytics Cost Reduction Purchasing Skills 55

Material Handling and Logistics

OCTOBER 30, 2018

With the digitization of the source-to-pay process being a key initiative for many chief procurement officers, to the inherent automation which promises to accelerate innovations such as artificial intelligence (AI), digitization is growing. In a recent Forrester study, they found the problem to be poor quality data.

Optimal Sourcing 166

Optimal Sourcing Procurement Solutions Procurement Analytics Procurement 166

Logistics Business Magazine

AUGUST 11, 2023

Even though many ecommerce merchants use data-backed buying personas, that provide insight into the purchasing decisions of their customers, many are only truly starting to get to grips with the next part associated with buying personas – and that is appreciating that consumers have delivery personas too.

Groups 57

Groups eCommerce Purchasing Skills Procurement Analytics 57

Logistics Viewpoints

MARCH 6, 2023

GEON Performance Solutions purchases plastic pellets and add plastic compounders to make products of different strength, resilience, and flexibility. The simplified assumptions allow companies “to manage margins, supply chain costs, and inventories”, but “it does not enable them to manage enterprise costs, profit, and working capital.”

Supply Chain Planning Software 141

Supply Chain Planning Software Supply Chain Transformation Scenario Planning Supply Chain Software 141

SYSPRO Smarter ERP

MARCH 21, 2022

Unless manufacturers change, they will find that their ability to forecast demand, and determine what to do to meet it, will be challenging. Supply chain management (SCM) systems help businesses to manage the flow of goods and services right from the sourcing of raw materials, to delivering finished goods to the customer.

Manufacturing Procurement 116

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software Supply Chains 116

GoShip Blog

APRIL 22, 2022

When demand forecasting steps into the game, it allows retailers to meet their customers’ needs. You can invest saved costs into more wanted products or launch a new line. According to statistics, about 80% of customers prioritize personalized service when purchasing. the change in prices or technological advances ).

Supply Chain Planning Software 40

Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software Supply Chains 40

FreightWaves SONAR

JUNE 1, 2023

At its annual Investment Community Meeting in April in Tampa, Florida, Walmart’s management team took the opportunity to lay out an ambitious transformation of its supply chain. Walmart U.S. When Walmart started, customers came to stores, and they bought general merchandise and consumables,” Furner said.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Negotiating Skills Supply Chains 52

Ship Monk

SEPTEMBER 14, 2023

They’re researching before they purchase, and they’re purchasing wherever and whenever they see something they like. Social commerce — Facebook, Pinterest, and Instagram used to be strictly places for inspiration and peer recommendations, with links that would redirect a consumer to a website or marketplace to make a purchase.

Inventory Reduction 64

Inventory Reduction Price Reduction Cost Reduction eCommerce 64

Ship Monk

JUNE 6, 2022

When you start a direct-to-consumer business (DTC), you can gather market data and make some educated assumptions about your product, but until you start generating sales they’re all just best-guesses. As your business grows, data about your customers becomes more readily available and far more valuable.

eCommerce 59

eCommerce Maintainability Supply Chain Software Logistics Network Optimization Software 59

GlobalTranz

OCTOBER 11, 2018

According to Randy Strang of Supply Chain 24/7, a survey of the most important parts of a shopping experience found customers’ expectations are more than meets the eye. Up to 62 percent want to purchase online and have the option of returning it in-store, and 47 percent want promotions and coupons available through their smartphone.

Inventory Reduction 74

Inventory Reduction Price Reduction Cost Reduction Supply Chains 74

Blue Grace Logistics

JUNE 24, 2021

Increasing lead times, costs, and delays resulted in significant problems together with port congestion, capacity availability, and container shortage. Increasing lead times, costs, and delays resulted in significant problems together with port congestion, capacity availability, and container shortage. Optimization. Dynamic Management.

Manufacturing Procurement 62

Manufacturing Procurement Optimal Sourcing Supply Chain Planning Software Supply Chain Software 62

GlobalTranz

APRIL 5, 2016

However, the economy is on the mend, and the need for immediate cost savings and lean solutions is starting to take the backburner to how 3PL Logistics Companies could benefit shippers through long-term relationships. The needs of yesteryear-clients were quite simple: get costs under control quickly.

Negotiating Skills 55

Negotiating Skills Logistics Network Optimization Software 3PL Purchasing Skills 55

Logistics Business Magazine

DECEMBER 11, 2022

Usman Khan, Senior Director of Industry Solutions at o9 Solutions: One major impact that we’re seeing in the oil and gas industry is a disruption in operations stemming from raw material shortages and delays, and headwinds brought about by inflation boosting up the price of materials.

Supply Chain Planning Software 55

Supply Chain Planning Software Supply Chain Software Supply Chains Trends 55

Blue Grace Logistics

NOVEMBER 10, 2023

Kroll | Inbound Logistics November 2023 “Shippers have to weigh the cost of expediting against the downstream impact of shipments arriving later,” says Kevin Schultz, president and co-founder of 357 Company, a logistics provider. Everyone wants to move things fast until they know what it costs,” Milsom says. 4. Here’s an example.

Logistics Network Optimization Software 91

Logistics Network Optimization Software Freight Supply Chain Planning Software Inventory Reduction 91

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%. You can also track conversion rates for other actions you want customers to take, such as email signups or social followers, but an ecommerce conversion rate commonly tracks those that result in a purchase.)

eCommerce 52

eCommerce How To Procurement Analytics Purchasing Skills 52

Blue Grace Logistics

JULY 27, 2021

Improving predictability in outcomes is valuable, but ensuring your supply chain is nimble enough to act on the data is even more so. We explore how predictive analytics and big data with human sentiments can add value and amplify their supply chain strategies. The presence of data throughout the supply chain is vital to its evolution.

Procurement Analytics 62

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

Logistics Viewpoints

NOVEMBER 18, 2021

Expectations for short delivery times, 100% fulfillment accuracy, and large product selection and availability have become a key deciding factor on which customers make their purchase decisions. The time spent navigating a warehouse can account for more than 30% of the total cost of labor. Five fast start opportunities for AI.

Optimization Software 153

Optimization Software Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software 153

Logistics Viewpoints

APRIL 29, 2022

Prices are climbing at grocery stores and gas stations across the country. Walmart is looking at ways to help customers alleviate the financial strain of these rising prices, with a nod to its Walmart+ customers. Walmart+ costs $98 per year, or $12.95 The hands-free gadgets send and receive data over the internet.

Inventory Reduction 109

Inventory Reduction Logistics Network Optimization Software Manufacturing Procurement Purchasing Skills 109

Logistics Viewpoints

MARCH 3, 2023

And while this definitely points to an industry making strides, a recent Procurious survey found that 75 percent of women in supply chain experience gender-based adversity. The result is a reduction in pre-assembly from 30 to 10 days, in delivery times by up to 10 weeks, and overall production costs by 20 to 25 percent.

Supply Chain Planning Software 120

Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Design Software Supply Chain Software 120

Ship Monk

AUGUST 17, 2023

Amazon can get your product in front of millions of customers, but it is difficult to stand out and comes at a cost. These are the main fees Amazon charges, but for a complete list, visit this resource: How Much Does it Cost to Sell on Amazon? For a full explanation of costs and an estimate, try Amazon’s pricing calculator.)

Inventory Reduction 52

Inventory Reduction Supply Chain Planning Software Purchasing Skills Cost Reduction 52

Logistics Business Magazine

OCTOBER 25, 2022

Returning goods has become as an established part of shopping as buying them, since being accelerated during the era of growth in online shopping, where goods are purchased without being tried. Clothing topped the list of items people shop for by far, with almost a third of purchases returned (32%). Shoes come next (15%).

Cost Reduction 56

Cost Reduction Inventory Reduction Purchasing Skills Procurement Solutions 56

Material Handling and Logistics

JANUARY 10, 2018

These standards define how IoT devices will communicate, and how data will be collected, processed, handled, stored, and summarized. Strong players in the market will emerge as platform providers to aggregate the IoT data and provide key insights into that data that drive better business decisions in 2018.

Supply Chain Design Software 144

Supply Chain Design Software Supply Chain Software Supply Chain Design Supply Chains 144

Locus

MARCH 20, 2023

The modern customer is aware of their needs and possesses the knowledge and skills to efficiently utilize information and tools to fulfill them. The survey conducted by MetaPack highlights that more than 90% of customers consider delivery a crucial factor when making online purchases. What makes last-mile tracking a challenge?

Efficiency 52

Efficiency Optimization Software Supply Chain Planning Software Cost Reduction 52

Logistics Bureau

JANUARY 9, 2019

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. Built strategic partnerships with vendors to drive down prices. Supply Chain Strategy.

Supply Chain Design Software 118

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

Locus

MAY 25, 2023

In a survey conducted in 2022 of US consumers, 55% of them stated that direct delivery to home is the biggest driver of online purchase. With last-mile delivery incurring 53% of total shipping costs, retail businesses should fulfill these rising customer expectations and simultaneously have a rigorous control over costs.

Inventory Reduction 52

Inventory Reduction Cost Reduction Ordering Waste Reduction 52

GlobalTranz

DECEMBER 7, 2016

A recent survey, conducted by Handshake , found more than 79 percent of companies providing B2B sales already have customers clamoring for online ordering. Meanwhile, the majority of purchasers research potential products online before making a decision to buy. Pricing Models Are Subject to the “Amazon Standard.”.

Manufacturing Procurement 87

Manufacturing Procurement Modeling Software Logistics Network Optimization Software Price Reduction 87

EazyStock

JUNE 21, 2022

Predictable business cycles and stable demand allowed supply chain professionals to focus less on solving challenges and more on cost reductions. Cloud computing, often referred to as ‘the cloud’, is simply the process of running programs and storing data over the internet rather than using a local or personal server.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Optimization Software Modeling Software 52

Logistics Bureau

JANUARY 7, 2020

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. Built strategic partnerships with vendors to drive down prices. Supply Chain Strategy.

Supply Chain Design Software 122

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

Logistics Bureau

SEPTEMBER 28, 2020

It is at this level that 4PL providers come into their own, making use of digital technologies such as big data and cloud computing to maintain visibility in every link in the supply chain. Sellers can interact with the company at low cost and minimal effort. Working with suppliers to plan smarter supply chain and reduce costs.

4PL 116

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

Turvo

JULY 31, 2020

As further reported by DC Velocity , “Pennsylvania-based omnichannel technology provider Radial surveyed 1,000 consumers across the United States about their 2020 holiday shopping plans and found that, despite the pandemic, most do not plan to change their spending significantly or shop earlier compared to 2019. It is that simple.

Supply Chain Planning Software 61

Supply Chain Planning Software Supply Chain Software Resource Reduction Procurement Analytics 61

Morai Logistics

OCTOBER 18, 2018

In fact, a staggering 88% of consumers who participated in the 2018 Global Consumer Insights Survey , confirmed they would pay more for ‘same-day or faster delivery’. Omni-channel retailing has also given customers the ability to purchase product across a variety of platforms and devices. Brand Loyalty.

Logistics Network Optimization Software 74

Logistics Network Optimization Software Manufacturing Procurement Procurement Solutions Logistics 74