WorkWave

MARCH 4, 2020

Primary Research can be conducted via: Interviews; Surveys; Questionnaires; Focus/user groups; Test markets. Utilizing surveys, focus groups, and reading reviews, are all great ways to gain consumer feedback. Creating something like a 1-, 5-, and 10-year plan can help discern a company’s direction as well as how it plans to get there.

Tips 52

Tips Purchasing Skills Sourcing Strategies How To 52

WorkWave

SEPTEMBER 23, 2021

For example, suppose your business offers certain specialized grocery products or local farm-to-table services. For example, the pandemic created a situation where many people minimized in-store shopping or avoided it altogether. Selling Data on Consumer Trends for your Company to Research Firms.

Modeling Software 52

Modeling Software Optimization Software How To Procurement Solutions 52

Logistics Viewpoints

NOVEMBER 18, 2021

A recent study commissioned by Lucas Systems shows operators are optimistic about AI-based software, counting on quick and generous returns from their investment and expecting an average ROI of more than 60% within 5 years. Here’s how to approach it: Start with well-understood processes.

Optimization Software 153

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

Logistics Viewpoints

AUGUST 29, 2022

Examples of third-party data would include weather forecasts, sustainability ratings, or D&Bs on a company’s financial viability. For example, a manufacturer might have a supplier in Hanoi they purchase key components from. 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

APRIL 28, 2023

All sorts of organizations have run studies on eco-friendly attitudes in the ecommerce industry, and we have amazingly positive news to share about what buyers are thinking. Another survey found that 73% of global consumers would “definitely” or “probably” change their buying behavior to reduce environmental impact.

eCommerce 67

eCommerce Waste Reduction How To Material Savings 67

Trinity Logistics

NOVEMBER 17, 2021

Nearly 60 percent of those surveyed reported waiting for longer than two hours on each load. This is in line with data collected by a DAT solutions survey showing that 63 percent of drivers say they spend more than three hours waiting when loading and unloading. Freightwaves also collected data on driver wait times. billion to $1.3

Supply Chain Planning Software 87

Supply Chain Planning Software Cost Reduction Supply Chain Software Inventory Reduction 87

WorkWave

JANUARY 18, 2021

It’s important to understand how to handle growth because upgrading your small business can be overwhelming. By monitoring these specific facets of your business, you can find the cause of growth and determine how to adapt it to other aspects of the company or capitalize on it through marketing. Know the Cause of Growth.

Sourcing Strategies 98

Sourcing Strategies Inventory Reduction Tips Supply Chain Software 98

Globalior

APRIL 4, 2020

Our team recently concluded an industry study of Customs broker competency in HS classification. In many of the brokerages included in our study – the average was 1.2 A brief note on how this survey was conducted. It is not recommended to take this survey as an accurate reflection of industry standards.

Training 52

Training Production Survey Study 52

GoShip Blog

JULY 21, 2022

For example, the geographical location might be a vital basis for segmentation for a small local business. Studying the gaps in the market where some demands are left unsatisfied paves the way for creating a product that fills those gaps. You can get this input through reviews, surveys, questionnaires, interviews, and forums.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Analysis Study Digital 52

GlobalTranz

NOVEMBER 19, 2018

To know the most difficult challenges as perceived by supply chain professionals, we turn to the SCM World’s 2017 Future of Supply Chain survey. Besides, these risks are much more serious (for example, there were about 134,000 reported cyber-attacks on businesses in 2017 , or almost 50 percent increase from 2016).

Supply Chain Design 75

Supply Chain Design Supply Chains Scenario Planning Optimal Sourcing 75

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.

eCommerce 52

eCommerce How To Procurement Analytics Purchasing Skills 52

WorkWave

JUNE 10, 2020

In a survey conducted by Statista, 63.7% You can do this in the form of case studies or by encouraging user-generated content. For example, if you are a lawn and landscape company, encourage customers to post before and after photos of your work. of people said that their usage of YouTube increased, 62.3%

Cost Reduction 72

Cost Reduction Case Study Strategy Digital 72

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. The study, published by the MIT Sloan Management Review , asked 353 participants to discuss their understanding of their companies’ analytics systems. Hanesbrand Inc. ,

Supply Chain Software 69

Supply Chain Software Procurement Analytics Supply Chains Data 69

WorkWave

MARCH 4, 2020

According to a study that tracks consumer trends , more than 6 out of 10 consumers search Google for reviews. 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. It advocates discussion.

Procurement Solutions 72

Procurement Solutions Purchasing Skills Buyer Training Purchasing 72

Bringg

MARCH 24, 2021

Studying the market is vital at this phase. A good example of such a strategic decision could be choosing a warehouse’s location. Now that the elements and phases of a supply chain are clear, here are some best practices for how to optimize your supply chain that are applicable to every industry: .

Optimal Sourcing 62

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Supply Chain Design Software 62

WorkWave

NOVEMBER 18, 2019

However, studies have found that this is not the case. So, just how much should you charge for pest control jobs? By the end of the article, you’ll know exactly how to price pest control services so that you can remain competitive in the industry. Take time to figure out how you want to set your pricing.

Price Reduction 56

Price Reduction Material Savings Optimization Software Cost Reduction 56

Blue Grace Logistics

SEPTEMBER 19, 2019

While the reasons for explaining a higher need for transparency are clear, what is less clear is how to get there. As it is with most problems there is a lack of a clear and concise definition, according to an MIT study which conducted a survey of the apparel industry only to find wildly different results.

Definition 48

Definition Supply Chain Design Supply Chains Manufacturing Procurement 48

GlobalTranz

AUGUST 4, 2015

We will include the "Five Golden Metrics" from Bill Waddell, a lean manufacturing consultant as well as LNS's infographic from a study they conducted. Total cycle time is calculated by studying major purchased components and determining the total days on hand of each one. Total Cycle Time.

Manufacturing Procurement 99

Manufacturing Procurement Procurement Analytics Optimization Software Optimization 99

Logistics Business Magazine

OCTOBER 11, 2021

In Poland, for example, the unemployment rate was as close to zero as you can get in an advanced economy, with earnings approaching those of Western Europe. A ‘pick’ in a distribution centre may have 30 or more time-study elements. Demographically, the number of young people coming in to the workforce has been falling for some time.

Production 51

Production Material Savings Modeling Software Resource Reduction 51

247 Customs Broker

MARCH 15, 2018

PierPass has been considering whether such a peel-off system could be used for handling all containers moving through the dozen container terminals at the two ports. In addition, shippers might pay a fee to have containers put in a pile where they could order a specific box at a specific time. Under review.

Survey 28

Survey Picking Cargo Supply Chain Software 28

Ship Monk

FEBRUARY 9, 2024

This type of data must be actively gathered by researching market trends, analyzing the competitive landscape, conducting consumer surveys and focus groups. Accurate data forecasting requires accurate data, robust data analysis tools, and people who understand how to use them. Qualitative data is more subjective.

eCommerce 86

eCommerce Inventory Reduction Operations Modeling Software 86

Logistics Viewpoints

NOVEMBER 3, 2022

How to Get the Most Out of Your Labor Management System Using Engineered Labor Standards to Impact Warehouse Output. Using our cases per hour example, you would overlook travel distances involved, equipment used, or any other countless important variables involved in the task. Seasonal volumes. Inventory mix. Times of day.

Supply Chain Design Software 127

Supply Chain Design Software Optimization Software Logistics Network Optimization Software Training 127

IoT World Today

MARCH 27, 2020

Another Statista study indicated that 44% of retailers expect delays and 40% expect inventory shortages given coronavirus disruptions on the supply chain. According to a 2018 Statista survey, visibility into that chain is a significant organizational challenge for 21% of supply chain professionals.

Supply Chain Planning Software 145

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

Logistics Viewpoints

MARCH 21, 2021

According to one survey , only 27% of leaders believe that they have the talent needed to meet current supply chain performance requirements. AGCO has received well deserved acclaim for the agility with which they navigated the pandemic ( How They Did it: AGCO and COVID-19 ). The premise of the study was interesting.

Supply Chain Planning Software 144

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 144

Forto

JULY 15, 2019

In the process of global shipping, you may come upon situations wherein you may need to change service providers, especially logistics services providers – which is easier said than done as you need to be sure of the reasons for the change, how to control things and people and be aware of negative and positive consequences of the change.

Freight forwarding 40

Freight forwarding Supply Chain Planning Software Freight Logistics Network Optimization Software 40

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 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 55

Supply Chain Planning Software Supply Chain Software Supply Chains Trends 55

GlobalTranz

APRIL 1, 2016

When industrial manufacturing CEOs were asked to name which digital technologies were most strategically important to their business, 81 percent said they prioritized mobile technologies for customer engagement, according to PwC's 18th Annual Global CEO Survey.

Modeling Software 78

Modeling Software Optimization Software Price Reduction Resource Reduction 78

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

Turvo

JUNE 10, 2020

The study found that 41% of respondents were investing in automation at a faster clip in response to the crisis, with another 43% of business leaders saying they will speed up investments in digital and technology once some normality has returned. Consider this example. Take another example. But, let’s be realistic.

Supply Chain Planning Software 53

Supply Chain Planning Software Supply Chain Software Supply Chains Scenario Planning 53

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. This model became dominant for order-quantity analysis in the study of supply chains. Want to find out how to achieve optimal safety stock level in your supply chain?

Inventory Reduction 52

Inventory Reduction Cost Reduction Ordering Waste Reduction 52

Talking Logistics

JUNE 5, 2017

In countless surveys over the past decade, manufacturers and retailers rank “improving supply chain visibility” as one of their top priorities. Take BMW as the latest example. What is happening to BMW today is another case study in supply chain risk management. Store-level inventory. Last-mile / home delivery status.

Supply Chain Software 74

Supply Chain Software Supply Chains Manufacturing Procurement Eliminating Excel in Purchasing 74

Ship Monk

SEPTEMBER 14, 2023

According to a study conducted by Harvard Business Review, 73% of retail shoppers use multiple channels to shop. Another study by Retail Dive found that the average engagement rate of marketing campaigns using three or more channels was 18.96% (that’s the average across all channels!) Lots of fees. Next, look at the numbers.

Inventory Reduction 64

Inventory Reduction Price Reduction Cost Reduction eCommerce 64

Logistics Business Magazine

JUNE 14, 2019

Blockchain is a hype and you probably have already heard about countless benefits and examples of how the technology will disrupt logistics. Blockchain seems to be far away for most SMEs – especially given the “blockchain paradox” that you outlined in your recent BCG study.

Sourcing Strategies 28

Sourcing Strategies Collaboration Optimization Software Logistics Network Optimization Software 28

GlobalTranz

MAY 23, 2017

How many manufacturers have a paltry 20-40 pages of product focused content? Google 'percent of B2B purchases that start with a search' and you'll see many studies showing that the number is somewhere around 66% to 93%, and many of these surveys are a year or two old. Here is an example from one of our clients: Over 4.6

Manufacturing Procurement 75

Manufacturing Procurement Waste Reduction Blog Waste 75

GlobalTranz

DECEMBER 4, 2014

However, it goes deeper to unveil how to best go about understanding the data by further collaborating and putting trust into your internal and external business relationships. Did you ever notice when you read an article, or study a report, that the numbers are always very logical and get right to the point? It’s a great read!

Data 99

Data Optimization Software Logistics Network Optimization Software Resource Reduction 99

Material Handling and Logistics

OCTOBER 26, 2018

Every year, in our annual MH&L Salary Survey , we ask readers to identify the biggest challenge they face in their jobs, and every year they tell us the same thing: finding, developing and retaining talent. For example, the NIST demonstration shows an assembly operation. Blockchain.

Supply Chain Design Software 89

Supply Chain Design Software Supply Chain Software Inventory Reduction Supply Chain Planning Software 89