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Inventory Management Excellence: Some Companies to Learn From

Logistics Bureau

So, rather than get overly prescriptive, I’ll use this blog post to highlight some companies that have achieved success through excellence in inventory management , and outline some of the most effective elements of their strategies. Another takeaway is the importance of warehouse layout as an enabler for inventory management excellence.

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Importance of Social Proof in Ecommerce

Ship Monk

Did you know that 93% of consumers say that online reviews influence their purchase decisions? Every time we buy something online, we’re gambling that what we see is what we’re going to get. Every time we buy something online, we’re gambling that what we see is what we’re going to get. That’s a mind-blowing statistic.

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The 411 on Social Proof

Ship Monk

Think of the last time you purchased a product or service based on the recommendation of a friend, family member, or your favorite social media influencer. Yup, even dinosaurs looked to fellow terrifying reptiles for guidance on their buying habits. Take us, for example. Customer Testimonials & Case Studies.

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Save $100 Million in Sourcing with GTC Software

Logistics Viewpoints

MIC was recognized by Ford Motor Company as a top-performing global supplier at Ford’s 23rd annual World Excellence Awards. In ARC’s recent study of this software market, MIC was the largest provider of Global Trade Compliance (GTC) software solutions to the automotive industry. Perhaps all the cars are Ford Mustangs, for example.

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Brand Values: How to Increase Your Customer Loyalty

GoShip Blog

Examples of brand values include integrity, honesty, customer-centricity, quality, sustainability, diversity and inclusion, equality, collaboration, accountability, creativity, teamwork, social responsibility, etc. Also, a 2017 study found that over 55% of Americans are loyal to brands with values that resonated with them.

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The 3 Pillars of Supply Chain Management (And Why Their Alignment Matters)

Logistics Bureau

Despite the apparent complexities involved in supply chain management, achieving excellence really doesn’t have to be too difficult. In this post, we explain what those pillars are, why they matter, and how to align them in a way that supports supply chain management excellence. The Importance of Alignment.

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The Power of Price Bundling: 7 Tips for Home Service Businesses

WorkWave

Bundled services are usually cheaper than if customers were to purchase each service individually. Here’s why: Bundled pricing simplifies the purchasing process for customers. Studies demonstrate that transparent pricing increases customer trust by 30%, resulting in a 25% rise in repeat business.