GlobalTranz

APRIL 6, 2021

For example, many supply chain resiliency plans may have considered a health crisis in which organizations and key partners face lower-than-normal staffing levels. For example, hand sanitizer sales spiked 313% during one week in February 2020, according to reports from Nielsen. 2020 Was A Year Of Supply Chain Disruption. Overall, U.S.

Supply Chain Planning Software 75

Supply Chain Planning Software Supply Chain Software Supply Chains Manufacturing Procurement 75

TransAudit

MARCH 15, 2023

For example, the average compensation package for truckload drivers was 18% higher in 2022 compared to 2019. In a recent Logistics Management survey, about half of the respondents said that booking LTL services is sometimes a challenge. How to Respond to Trucking Projections What do these trucking projections mean for you?

Industry 67

Industry Trucking Purchasing Skills Trends 67

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. Here’s how to approach it: Start with well-understood processes. Getting going with AI without stumbling can be challenging.

Optimization Software 153

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

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

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. Tell customers what you are supporting and why.

eCommerce 66

eCommerce Waste Reduction How To Material Savings 66

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. For example, a manufacturer might have a supplier in Hanoi they purchase key components from.

Supply Chain Planning Software 116

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

Blue Grace Logistics

JULY 27, 2021

51% of the respondents in a global Reuters survey felt that the most perplexing challenge is the unpredictable nature of consumer demand. Customer expectations and the buying capacity of the purchaser coupled with the cost of substitutes or complementary goods also play an important role. Simple Examples of Predictive Analytics.

Procurement Analytics 62

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

GlobalTranz

MARCH 23, 2016

How do we monitor what our customers feel about us? You use a Voice of the Customer (VoC) survey to obtain negatives and positives from your customers. How to Breakthrough Lean Culture Plateaus. Practices and learns how to apply Lean tools. The focus is to bring value to the customer, beyond the customers’ expectations.

Manufacturing Procurement 54

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

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%. Today we’re going to look at how to calculate ecommerce conversion rates, identify some things that may be turning customers away, and what you can do to improve conversion rates. (You

eCommerce 52

eCommerce How To Procurement Analytics Purchasing Skills 52

WorkWave

MARCH 4, 2020

Below is a list of a few ways to avoid bad online business reviews and how to deal with negative reviews online. There are a few ways to do this: Include a survey at the bottom of receipts. As a consumer, both marketing tactics and customer service are important facets of the purchasing experience. Be Your Own Customer.

Procurement Solutions 72

Procurement Solutions Purchasing Skills Buyer Training Purchasing 72

Ship Monk

AUGUST 8, 2023

Ever spent waaay too much time trying to find an answer to a product question or figure out how to return something? The MonkProtect post-purchase suite also includes a branded tracking page, so participating customers don’t have to go to a carrier’s website to track their orders. The objective should be to keep those costs low.

Ordering 52

Ordering Logistics Network Optimization Software Purchasing Skills Material Savings 52

Freightos

FEBRUARY 4, 2020

So it is difficult to determine if the rate being offered is fair, and without visibility it is impossible to know when and how to optimize operations. . Freight is somewhat notorious for price opacity. A common response or protection against price opacity and volatility is the long-term fixed price contract. .

Optimal Sourcing 94

Optimal Sourcing Purchasing Skills Procurement Analytics Optimization Software 94

FreightWaves SONAR

JUNE 5, 2023

In this blog post, we’ll walk through some of the obstacles to medium-term demand planning, consider how high-frequency supply chain data can help fill the informational gaps that companies are grappling with, and then look at a real-world example of how the data in FreightWaves SONAR can give insight into the goods economy.

Supply Chain Planning Software 52

Supply Chain Planning Software Scenario Planning Data Freight 52

Logistics Viewpoints

SEPTEMBER 7, 2022

Within this discipline, one of the toughest challenges is how to get visibility to problems arising across the extended supply network. The company had access to huge amounts of trade data, for example. The other risk management software supplier’s methodology was based on surveys. Supply Chain Chaos is the New Norm.

Supply Chain Software 123

Supply Chain Software Supply Chains Optimal Sourcing Procurement Solutions 123

GlobalTranz

NOVEMBER 21, 2017

for example, used predictive analytics to make changes in their inventory processes and have since seen an increase in their production and purchase orders. So how can your company start to incorporate supply chain data into your company culture? But the benefits far outweigh the challenges. Hanesbrand Inc. ,

Supply Chain Software 69

Supply Chain Software Procurement Analytics Supply Chains Data 69

GlobalTranz

AUGUST 18, 2015

With an ever-increasing pool of third-party logistics (3PL) providers to outsource shipping needs to, understanding how to select the best 3PL is the difference between reaching your existing customers and gaining a new market share. How Does the 3PL Meet E-Commerce Needs? This also involves the concept of vendor management.

Logistics Network Optimization Software 96

Logistics Network Optimization Software Procurement Analytics Inventory Reduction Supply Chain Software 96

GlobalTranz

JANUARY 17, 2017

In other words, analytics allows companies to focus more on what customers actually purchase , using information obtained from point-of-sale (POS) systems, internet traffic and real-time feedback via social media. Meanwhile, predictive analytics also have extraordinary potential to increase profit and determine exactly what customers want.

Manufacturing Procurement 82

Manufacturing Procurement Procurement Analytics Expense Reduction Material Savings 82

GlobalTranz

NOVEMBER 10, 2015

Recently we read from Software Advice their recent report, the 3PL budgeting guide , which listed how much should a 3PL budget and how to compare a Warehouse Management System. For example, reducing excessive safety stock allows a warehouse to minimize number of reorders, reduce wasted space, and avoid issues in shipping errors.

Supply Chain Planning Software 90

Supply Chain Planning Software Optimization Software Inventory Reduction Cost Reduction 90

Locus

JUNE 23, 2023

In a recent global survey of 31,040 shoppers, 41% said they wanted to receive the product within 24 hours, and 24% wanted to receive their orders in less than two hours. Read Also: How to Improve Net Promoter Score for Your Courier Company What are the processes involved in Order fulfillment?

Inventory Reduction 52

Inventory Reduction Cost Reduction Resource Reduction Vendor Strategies 52

GlobalTranz

AUGUST 4, 2015

With that stated and clear, Mr. Waddell goes on to state how to optimize manufacturing operations with what he calls the 5 Golden Metrics of Manufacturing: There are five golden metrics that really matter: total cost, total cycle time, delivery performance, quality and safety. Total Cycle Time.

Manufacturing Procurement 99

Manufacturing Procurement Procurement Analytics Optimization Software Optimization 99

GlobalTranz

MAY 28, 2015

For example, tracking customers’ locations and researching their interests can tell you what type of articles and reviews they prefer to read, as some of your visitors may like short informative content forms and the other ones will require more details and explanations. Do you know some other ways how to personalize a website?

Supply Chain Software 93

Supply Chain Software Vendor Strategies Supply Chains Waste Reduction 93

GlobalTranz

OCTOBER 27, 2015

Today we continue our series on successfully working with a logistics company, often called a third party logistics company by focusing on how to properly understand the success of the engagement by knowing all the key performance indicators that a shipper could put in place. This starts with deploying the S.M.A.R.T. However, without the why?

Logistics Network Optimization Software 90

Logistics Network Optimization Software Supply Chain Planning Software Logistics Resource Reduction 90

Blue Grace Logistics

JUNE 29, 2021

A recent survey by Bizrate Insights found that “60% of purchasers switched to online shopping rather than in-store during the pandemic” Further, “32% of them expect to continue to shop online, even after the pandemic”. The post How To Survive The Decline in Warehousing Capacity appeared first on BlueGrace Logistics.

Warehousing 62

Warehousing Supply Chain Planning Software Capacity Supply Chain Software 62

Ship Monk

JANUARY 11, 2024

Today we’re going to talk about what you can do, before and after the purchase, to mitigate the damage returns can have on your brand. If the item can’t be recovered and resold, you’ve also lost the money you’ve invested in manufacturing or purchasing, shipping and storing it in your warehouse (a.k.a. Let’s take apparel, for example.

Procurement Solutions 90

Procurement Solutions Inventory Reduction Supply Chain Planning Software Material Savings 90

247 Customs Broker

MARCH 14, 2018

A lesser challenge has been the rise in online purchases of larger items like mattresses and snow blowers. By the same token, online merchants need a choice of options how to move their goods to the consumer, notes Kermali. “We For example, if the vendor uses Shopify, there are opportunities for us to connect with that,” he says.

Vendor Strategies 28

Vendor Strategies Cost Reduction Inventory Reduction Modeling Software 28

IoT World Today

MARCH 27, 2020

The Institute for Supply Management, which conducts monthly economic surveys, found that nearly three-quarters of the companies it contacted in late February and early March reported some kind of supply chain disruption. An AI system needs to be fed data sets to learn how to behave and react.

Supply Chain Planning Software 145

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Procurement Analytics 145

Blue Grace Logistics

NOVEMBER 10, 2023

Expedited Freight Questions Answered Show Submenu Resources The Logistics Blog® Newsroom Whitepaper Case Study Webinars Indexes Search Search BlueGrace Logistics - November 10, 2023 Whether your organization uses expedited freight shipping every day or occasionally, it pays to understand how to use these services as effectively as possible.

Logistics Network Optimization Software 91

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

Logistics Bureau

OCTOBER 26, 2020

As legislation focuses ever more heavily on environmental protection though, and consumers increasingly consider sustainability in their purchasing decisions, all supply chain organisations will need to find the way forward. How to Develop a Sustainable Supply Chain. Set Goals and Determine Measurements.

Supply Chain Planning Software 100

Supply Chain Planning Software Supply Chain Software Supply Chains Scenario Planning 100

Logistics Business Magazine

SEPTEMBER 13, 2022

Neil Adcock, Managing Director at Bis Henderson Consulting , reveals how to unlock the value hidden in returns data. Yet strangely, a recent survey by retail systems specialist Brightpearl found that 69% of retailers are not using tech solutions to automate and process returns. Drapr, for example, claims this can reduce returns by 26%.

Data 62

Data Cost Reduction Purchasing Skills Sourcing Strategies 62

Ship Monk

JANUARY 19, 2024

An ecommerce store is a branded website where products from a single seller can be purchased over the internet. You have control over inventory management and post-purchase operations, including fulfillment, returns, and customer service. In fact, 70% of consumers visit 2-4 websites before making a purchase.

eCommerce 89

eCommerce Logistics Network Optimization Software Optimization Software Purchasing Skills 89

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

Logistics Business Magazine

DECEMBER 11, 2022

For example, a big-box retailer that started to build out its pickup services, it delivery services, and so on, so that when the world pivoted, and stores were closed, but people still wanted this retailer’s products, it already had all of that investment there. Consumers are looking for more durable products.

Supply Chain Planning Software 63

Supply Chain Planning Software Supply Chain Software Supply Chains Trends 63

Logistics Bureau

OCTOBER 26, 2020

As legislation focuses ever more heavily on environmental protection though, and consumers increasingly consider sustainability in their purchasing decisions, all supply chain organisations will need to find the way forward. How to Develop a Sustainable Supply Chain. Set Goals and Determine Measurements.

Supply Chain Planning Software 62

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

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. It implies the number of units businesses should add to their inventory with every purchase order. It helps companies to answer two crucial questions: How much to order?

Inventory Reduction 52

Inventory Reduction Cost Reduction Ordering Waste Reduction 52

Automotive Logistics

OCTOBER 31, 2018

The urgent question is how to attract new people and retain them, and one of the main focuses for the ECG currently is on how to improve working conditions as a means to do so. “It However, he agreed with Svenningsen about the need for dialogue and said addressing the problem was a good example of where the ECG could play its part. “We

Negotiating Skills 31

Negotiating Skills Purchasing Skills Logistics Network Optimization Software Groups 31

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. That’s not true.

Supply Chain Design Software 145

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

Logistics Business Magazine

JUNE 9, 2021

Some great examples of this are warehouse management systems and robotic solutions — such as inventory robots and drones — that can scan and track inventory by using barcode scanners and RFID technology. These are just a few examples of how warehouses can automate their operations and there are many more.

Tips 68

Tips Supply Chain Design Software Supply Chain Software Optimization Software 68