Logistics Business Magazine

NOVEMBER 23, 2022

A survey series by the Logistics Hall of Fame in cooperation with the logistics insurance broker Schunk Group looks at the current risks facing the logistics industry and how companies are preparing against them. Here, the shortage of skilled workers also occupies first place in the individual risk ranking (62.5%).

Supply Chain Design Software 68

Supply Chain Design Software Logistics Network Optimization Software Buyer Training Purchasing Skills 68

Logistics Viewpoints

JANUARY 26, 2021

This means supply chain and logistics professionals need to distinguish between more frequently purchased products and the slower-moving products customers are willing to wait for. In a 2018 survey by GEODIS, only 6% of supply chain professionals worldwide believed their companies had achieved supply chain visibility ?

Supply Chain Software 161

Supply Chain Software Supply Chain Planning Software Definition Supply Chains 161

Penske Move Ahead

MAY 9, 2022

In the third annual State of Sustainable Fleets Market Brief , released today and available at no cost, transportation fleets continued to report a resounding trend — their use of clean fuels and advanced vehicle technologies is rapidly progressing. Report authors surveyed nearly 250 U.S.-based Renewable diesel growth is very strong.

Procurement Analytics 61

Procurement Analytics Purchasing Skills Supply Chain Planning Software Manufacturing Procurement 61

Logistics Viewpoints

AUGUST 4, 2021

Just last month I noted that warehouse labor productivity was hindered extensively by COVID-19 and that 80 percent of ARC’s warehouse survey respondents anticipate an increase of order throughput volumes in 2021. Here are a few more data points supporting the ongoing labor needs of warehousing and transportation operations.

Supply Chain Software 138

Supply Chain Software Supply Chains Procurement Analytics Warehousing 138

Blue Grace Logistics

MAY 7, 2019

The CFO is also responsible for identifying opportunities to reduce operating costs without sacrificing the quality of the products and services offered by the company. Supply chain and transportation are two of the biggest cost centers in an organization. How quickly can we identify and address challenges in response to disruption?

Negotiating Skills 48

Negotiating Skills Purchasing Skills Supply Chain Planning Software Supply Chain Software 48

Freightos

FEBRUARY 4, 2020

The concept of an index, reporting the market price for a specific good, was developed precisely for this reason. Its value explains the existence of the S&P 500 for nearly 95 years, the power of the Baltic Dry Index for determining bulk shipment prices, and even poultry indices. Sources: FBX and SGX.

Optimal Sourcing 95

Optimal Sourcing Purchasing Skills Procurement Analytics Optimization Software 95

WorkWave

AUGUST 4, 2020

In the grand scheme of things, data analysis falls into the categories of descriptive, predictive, and prescriptive. While descriptive data presents existing figures, predictive data allows you to draw insights from trends in your descriptive data in order to make an educated guess about what might happen next.

Data 91

Data Procurement Analytics Sourcing Strategies Ordering 91

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

GoShip Blog

JULY 14, 2022

A recent survey by SuperOffice found that 86% of customers are willing to pay a higher price just for a better experience. The most efficient and cost-effective way for your business to stand out among your competitors is through improving customer experience. It gives you the needed data to create buyer personas.

How To 59

How To Purchasing Skills Survey Logistics Network Optimization Software 59

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 58

Survey Procurement Analytics Cost Reduction Purchasing Skills 58

Logistics Business Magazine

MAY 24, 2018

A new survey analyses the maturity levels of large UK and German companies in their efforts to digitise their supply chain ecosystems – with a focus on sustainability and transparency drivers. The survey among 150 supply chain decision makers* reveals a major difference between Germany and the UK.

Supply Chain Software 32

Supply Chain Software Supply Chain Planning Software Survey Supply Chains 32

SYSPRO Smarter ERP

JULY 4, 2022

According to the recent SYSPRO global research survey, an enormous 82 percent of Fabricated Metal Manufacturers experienced supply chain and material handling disruptions over the past twelve months. Time-stamped data records can be integrated with a cloud ERP system to improve the ability to make decisions quickly and optimize operations.

Optimization Software 111

Optimization Software ERP Supply Chain Software Manufacturing Procurement 111

SYSPRO Smarter ERP

MARCH 21, 2022

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. SCM solutions provide oversight of materials and products, and their associated data, as they move through the supply chain from supplier to consumer.

Manufacturing Procurement 116

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

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

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. Master Innovation.

Optimal Sourcing 166

Optimal Sourcing Procurement Solutions Procurement Analytics Procurement 166

Material Handling and Logistics

OCTOBER 15, 2018

While purchases at food-services and drinking establishments fell 1.8%, the most since 2016, most other major retail categories showed a gain, suggesting consumption ended the quarter on a solid note. Some businesses reported a positive impact from weather, and the bureau can’t isolate the monthly data at specific geographic levels, it said.

Purchasing Skills 74

Purchasing Skills Vendor Strategies Procurement Analytics After-sales 74

GoShip Blog

APRIL 22, 2022

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. Forecasting operations typically aim to examine and evaluate customers’ purchasing patterns and habits. 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

Logistics Viewpoints

AUGUST 29, 2022

In the case of network-based risk management solutions, a network of users is connected to carefully curated real-time alerts generated by connections to a huge number of online publications, social media feeds, and third-party purchased data. One of the players in this market, Resilinc, is monitoring 105 million data sources.

Supply Chain Planning Software 116

Supply Chain Planning Software Supply Chain Design Software Manufacturing Procurement Supply Chain Software 116

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

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 60

Groups eCommerce Purchasing Skills Procurement Analytics 60

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

Ship Monk

FEBRUARY 3, 2024

These people are genuinely interested in your product — so much so, that they have purchased your products. These tools can be used to identify where the visitor came from, how long they stay, what pages they visit on your website or shopping platform, and whether they purchase anything. Show me how you can solve a problem for me.

eCommerce 82

eCommerce Tips Procurement Solutions Logistics Network Optimization Software 82

FreightWaves SONAR

JUNE 1, 2023

Connecting demand signals, order flows and inventory data across those chains enables new algorithmic decision-making that can optimize Walmart’s supply chain for flexibility and responsiveness. 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

Logistics Business Magazine

NOVEMBER 11, 2021

European pallet and packaging manufacturers are repairing more wooden pallets for reuse than ever, according to a survey by European Federation of Wooden Pallet & Packaging Manufacturers (FEFPEB). million pallets were repaired in 2019, an increase of 25% on the previous survey carried out three years earlier.

Manufacturing Procurement 58

Manufacturing Procurement Packaging Survey Purchasing Skills 58

3PL Links

AUGUST 7, 2023

Main Challenges in Same-Day Delivery: Use Technology As Your Ally | Image source: Pexels In recent years, the emergence of same-day delivery super applications has helped to create a new consuming habit. All of this could increase operating costs and harm the business’s performance. Why Invest in Technology for Same-Day Delivery?

Supply Chain Planning Software 48

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

3PL Links

JULY 20, 2023

Unlocking Future: IoT in the Supply Chain | Image source: tecsys.com With its straightforward solutions and increased control, Internet of Things technology is transforming this industry. This is an illustration of how IoT may enhance the value of a product and increase consumer transparency, making them feel safer while making a purchase.

Supply Chain Planning Software 62

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

GlobalTranz

NOVEMBER 21, 2017

In a recent study, MIT found that companies that focus on 5 key initiatives to improve their supply chain data can have a big impact on their bottom line. Obstacles to fully utilizing analytics included inaccurate data , cost, and lack of timely data. Supply chain data initiatives need a top-down mandate.

Supply Chain Software 69

Supply Chain Software Procurement Analytics Supply Chains Data 69

Freightos

FEBRUARY 16, 2020

In addition to the terrible human cost, the virus is also sending ripples throughout the global supply chain. 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. The (Digital) Rise of SMBs.

Supply Chain Software 71

Supply Chain Software Supply Chains Purchasing Skills Manufacturing Procurement 71

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

RPA Labs

JANUARY 13, 2022

With continued digital innovation, data from across the supply chain network and even consumer purchasing trends can be easily collected and analyzed to understand historical trends better and predict future demand. Management and Data Sharing Too. ??Even Consider emails, video calls, data transfers, and the like as well. ?5.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Optimization Software Procurement Solutions 52

WorkWave

MARCH 4, 2020

Every business owner will have specific knowledge, skills, or experience that will be advantageous in building and managing a business. It is important to utilize both primary research and secondary research to diversify data. Primary Research can be conducted via: Interviews; Surveys; Questionnaires; Focus/user groups; Test markets.

Tips 52

Tips Purchasing Skills Sourcing Strategies How To 52

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

Locus

OCTOBER 21, 2022

According to McKinsey’s latest consumer pulse survey, Spending in March 2020 was down by 18% as compared to two years later. According to United States Census Bureau data , advance estimates for U.S. To provide consumer experiences for your online shoppers after they make their purchases, click here. billion, which was an 8.2%

Supply Chain Planning Software 52

Supply Chain Planning Software Meeting Optimal Sourcing How To 52

Logistics Viewpoints

SEPTEMBER 7, 2022

Mr. Nelson points out that it is possible for a sourcing problem deep in a supply chain to halt production for BD. Only through this extensive mapping can you see that it may be because there’s a Tier 5 supplier who is not able to get the rare earth mineral out of China that goes into the microprocessor (we purchase).

Supply Chain Software 123

Supply Chain Software Supply Chains Optimal Sourcing Procurement Solutions 123

Locus

DECEMBER 15, 2022

A survey predicts that e-commerce sales in India will hit the $100 billion mark for the first time in 2023. When delivery exceptions increase, it eats up your operational costs and hurts your bottom line. As a result, it increases your warehouse storage and delivery logistics costs. High Costs & Wastefulness.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Planning Software Purchasing Skills Procurement Analytics 52

247 Customs Broker

APRIL 6, 2018

More than 500 qualified respondents to our “34th Annual Salary Survey” report that their salaries moved up only incrementally last year. This year’s survey again draws the most feedback from successful logistics managers who have been climbing the executive ladder for some time. Now I’m charged with purchasing and releasing them too.

Survey 28

Survey Negotiating Skills Supply Chain Planning Software Manufacturing Procurement 28

Forto

FEBRUARY 19, 2021

Nearly half of the 200 decision-makers surveyed in a recent logistics study fully agree that supply chain transparency is essential for managing and mitigating risks. Despite these challenging realities, only about a third of surveyed Germany companies are using digital supply chain solutions. Manually Entering Data in Lists.

Supply Chain Software 52

Supply Chain Software Supply Chain Technology Optimization Software Supply Chains 52