Demo, Purchasing Skills, Strategy and Trends

How Rising Fuel Costs Affect the Shipping Industry

TransAudit

DECEMBER 14, 2022

Fuel for all sorts of vessels has jumped in price over the last year or two. When fuel prices rise, so do shipping prices. Learning more about fuel costs and shipping will give you a better understanding of what’s going on and equip you with some strategies to help. How Fuel Costs Raise Shipping Prices.

Cost Reduction

Cost Reduction Purchasing Skills Price Reduction Expense Reduction

Bringing Order to Chaos: Last-Mile Delivery Costs and How to Reduce Them

Locus

JUNE 16, 2023

Say you purchase your coveted gadget online, eagerly tracking its journey from warehouse to your welcoming hands. Customer satisfaction and keeping costs in check rests on optimal last-mile delivery operations. Naturally, the costs of meeting such expectations, especially on the delivery front are also increasing.

Cost Reduction

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Mastering Order Management: A Guide to Effective Order Management Strategy

WorkWave

NOVEMBER 6, 2023

In this blog post, we will delve into the intricacies of order management, the role of an Order Management System (OMS), what happens after checkout and how to master your order management strategy with the help of cutting-edge order management systems and order management software. Schedule your free demo today.

Inventory Reduction

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7 Ways Retailers Can Reduce Delivery Costs

Locus

MARCH 27, 2024

But here’s the kicker for retailers: amidst all this chaos, they’ve got to keep their delivery costs lean without compromising on giving customers a smooth and enjoyable experience. This situation demands not just managing costs but also turning the returns process into a positive touchpoint with customers.

Cost Reduction

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Last-mile Dialogues: Make Your D2c Strategy a Winner With an Intelligent SCM Solution

Locus

MAY 15, 2023

According to a study, 55% of consumers prefer to buy directly from brands, and a further 40% of shoppers say they will purchase from a D2C brand in the next five years. However, as the data suggests, more and more customers want to buy from brands directly and want them to solve any challenges that arise post-purchase.

Cost Reduction

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How to Estimate Electrical Work: A Contractor’s Guide

WorkWave

FEBRUARY 20, 2024

Grasping the Fundamentals From labor costs that hinge on the median electrician’s pay of $27.36 per hour to ensuring your estimates cover both material costs and overhead, mastery over this estimating process is crucial. When it comes to electrical work, understanding the costs involved is crucial for planning your budget.

Negotiating Skills

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How do rising interest rates and inflation affect global supply chains?

EazyStock

APRIL 18, 2023

Our eGuide, Supply chain and logistics management trends for 2023 , looks at potential issues facing supply chain managers this year and how to respond. High inflation rates are seeing price increases for everything from products and components to commodities and utilities, creating a global cost of living crisis. Demand falls.

Supply Chain Planning Software

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How to Calculate Beginning Inventory and Why You Should Track It

Ship Monk

SEPTEMBER 14, 2022

By value , we mean how much that inventory cost to make or purchase, plus how much it’s costing you to store it. For an eCommerce business, inventory is your most valuable asset (at least in terms of bookkeeping) and also one of your largest costs. Ending Inventory + COGS – Purchases = Beginning Inventory.

Inventory Reduction

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The fundamentals of demand planning and forecasting

EazyStock

OCTOBER 31, 2022

Demand planning is part of a company’s planning strategy to allocate resources in the best and most effective way to meet demand and respond to demand changes. If a product isn’t available for customers to purchase because it’s out of stock, they will likely turn to a competitor and might not return. What is demand planning?

Supply Chain Planning Software

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The fundamentals of demand planning and forecasting

EazyStock

OCTOBER 31, 2022

Demand planning is part of a company’s planning strategy to allocate resources in the best and most effective way to meet demand and respond to demand changes. If a product isn’t available for customers to purchase because it’s out of stock, they will likely turn to a competitor and might not return. What is demand planning?

Supply Chain Planning Software

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Big data and inventory management

EazyStock

JUNE 23, 2022

All successful businesses use data to develop strategies and review their outcomes. Inventory management information usually comes from a variety of data sources and is either structured or unstructured. Big data is used to understand trends and patterns in behavior. What is big data? Big data brings more efficient processes.

Inventory Reduction

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Artificial intelligence and machine learning in supply chain management

EazyStock

JUNE 16, 2022

AI can adapt in near-real-time to changing conditions and develop new knowledge by processing more data and revealing more patterns and trends than humans can. ML models teach themselves over time by analyzing trends and spotting anomalies and then offering predictive insights. Using AI to improve demand forecasting.

Supply Chain Software

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SONAR Indices & Insights: Improve Freight Shipping Procurement with SONAR SCI’s Lane Acuity Plus

FreightWaves SONAR

MARCH 15, 2021

Read on to learn what is SONAR SCI’s Lane Acuity Plus, what it tells subscribers who have purchased SONAR SCI, and how the application aids freight market participants by gaining deeper lane by lane insights around freight shipping. . Paying below-market rates in highly volatile lanes could lead to additional costs. .

Optimal Sourcing

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In Focus: 5 Factors To Consider On The “Build Vs Buy” Decision on Last-Mile Software Solution

Locus

OCTOBER 7, 2022

It also showed that 80% of consumers are willing to pay higher prices for same-day deliveries. However, should a business invest their capital in building and maintaining their solution from scratch, or simply purchase an off-the-shelf solution? Holistically consider the costs. Match the pace of innovation with evolving trends.

Logistics Network Optimization Software

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How to Improve Inventory Turnover with Inventory Optimization

EazyStock

MARCH 4, 2021

Here are six inventory optimization strategies to improve inventory turnover without damaging stock availability: Know your inventory items’ position in their product life cycle. Most items in the growth stage will experience an upward demand trend. Cost to sell. Improve demand forecasting accuracy. Demand volatility.

Optimal Sourcing

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6 Inventory Control Techniques for Stock Optimization

EazyStock

OCTOBER 20, 2020

The objective of stock optimization is to have the right products in the right place at the right time – as efficiently and cost-effectively as possible. It’s the art of achieving stock availability , while reducing inventory costs and minimizing the risk of excess items. Fine-tune your stock replenishment strategies.

Inventory Reduction

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Black Friday & Cyber Monday Prep: A Checklist for Ecommerce Business Owners

Ship Monk

NOVEMBER 14, 2022

vs. 2021 , supply chain and freight issues have resulted in numerous inventory challenges, costs have been challenging to predict, and we have entered (and exited) a technical recession whose reach and effects are still to be fully determined. 2 Analyze Your Past Data and Compare It to Current Trends. Slice of cake. Fruitcake. #2

eCommerce

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The Golden Route: Perfecting Diwali Deliveries This Festive Season

Locus

OCTOBER 27, 2023

Let’s find out the three key strategies for brands to enable last-mile excellence during this Diwali season! Visibility: Fueling Unparalleled Customer Experiences Recent findings from the Qualtrics 2023 Global Consumer Trends Report offer a jolting insight: Indian enterprises could potentially lose out on 17.3%

Optimization Software

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How New Technologies Can Help Facilitate Supply Chain Innovation

Shipchain

NOVEMBER 22, 2019

New trends and technologies, coupled with globalization, mean that supply chains are the most complex they’ve ever been. All of this data comes together to help you understand your customers, competitors, overall industry and purchasing trends, and so on. And in today’s day and age, supply chain is ever-evolving.

Supply Chain Software

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How Bukalapak is Leading Indonesia’s E-commerce Growth With Last-Mile Technology Solutions

Locus

SEPTEMBER 27, 2022

In this fourth episode, “ Southeast Asia’s E-commerce: Winning the Next Wave of Shoppers ,” the panelists did a deep-dive on e-commerce trends in the SEA region, last-mile fulfillment challenges for Bukalapak in SEA, and how technology helped them counter them. Schedule a Demo. Watch the Webinar. Rise in e-commerce users and volume.

Supply Chain Planning Software

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Why you need a good supply chain strategy

EazyStock

APRIL 13, 2022

What is a supply chain strategy? A supply chain strategy explains how a company will bring goods into the business and get them out to customers as effectively as possible. Considering every phase in the supply chain, such as sourcing goods, logistics and delivery, the strategy optimizes operations to reduce costs and maximize profits.

Inventory Reduction

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5 Transportation Management System Benefits & The Ever Expanding use of a TMS by Shippers

GlobalTranz

APRIL 6, 2016

As a result, the use of the TMS is expanding, and it will be one of the greatest technology trends to benefit the shipping industry in 2016. Essentially, the initial cost is lowered, and the shipper can realize the transportation management system benefits faster. Driving Forces Behind the Expansion. percent increase in profits.

Supply Chain Design Software

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This Week in Logistics News (November 27 – December 1, 2017)

Talking Logistics

DECEMBER 1, 2017

Kane Is Able Purchases Vintners Logistics. The Cass Truckload Linehaul Index, which measures per-mile pricing for truckload carriers, rose 5.5% I haven’t seen a full demo of it yet, but BluJay provided a preview of some of the features announced this week at its user conference back in April.

Supply Chain Planning Software

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Shippers Navigating an Evolving LTL Marketplace

Blue Grace Logistics

JANUARY 10, 2023

Rising online purchases over the past few years have increased the need for LTL. Consumers are paying the price. The most reported habit changes were consumer price increases, by 70% of surveyed shippers, and expected service level decreases, by 69% of respondents. Cost/pricing—68% of respondents. Whitepaper.

Material Savings

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5 Ways To Ace Last-Mile Reverse Logistics

Locus

OCTOBER 16, 2022

Last-mile reverse logistics is the process of moving goods from the final destination (customers) to their source (fulfillment center or warehouse). Last-mile reverse logistics determine the post-purchase customer experience and brand loyalty. Schedule a Demo Now. Let’s jump in! What is last-mile reverse logistics?

Reverse logistics

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What is Last-Mile Tracking and How it Improves Delivery Efficiency

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

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Logistics Brief

How Rising Fuel Costs Affect the Shipping Industry

Bringing Order to Chaos: Last-Mile Delivery Costs and How to Reduce Them

Trending Sources

Mastering Order Management: A Guide to Effective Order Management Strategy

7 Ways Retailers Can Reduce Delivery Costs

Last-mile Dialogues: Make Your D2c Strategy a Winner With an Intelligent SCM Solution

How to Estimate Electrical Work: A Contractor’s Guide

How do rising interest rates and inflation affect global supply chains?

How to Calculate Beginning Inventory and Why You Should Track It

The fundamentals of demand planning and forecasting

The fundamentals of demand planning and forecasting

Big data and inventory management

Artificial intelligence and machine learning in supply chain management

SONAR Indices & Insights: Improve Freight Shipping Procurement with SONAR SCI’s Lane Acuity Plus

In Focus: 5 Factors To Consider On The “Build Vs Buy” Decision on Last-Mile Software Solution

How to Improve Inventory Turnover with Inventory Optimization

6 Inventory Control Techniques for Stock Optimization

Black Friday & Cyber Monday Prep: A Checklist for Ecommerce Business Owners

The Golden Route: Perfecting Diwali Deliveries This Festive Season

How New Technologies Can Help Facilitate Supply Chain Innovation

How Bukalapak is Leading Indonesia’s E-commerce Growth With Last-Mile Technology Solutions

Why you need a good supply chain strategy

5 Transportation Management System Benefits & The Ever Expanding use of a TMS by Shippers

This Week in Logistics News (November 27 – December 1, 2017)

Shippers Navigating an Evolving LTL Marketplace

5 Ways To Ace Last-Mile Reverse Logistics

What is Last-Mile Tracking and How it Improves Delivery Efficiency

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