Blue Grace Logistics

JUNE 13, 2022

The largest year-over-year increase in pressure in 2021 came from investors, governments, and international governing bodies, according to The State of Supply Chain Sustainability 2021 study from The MIT Center for Transportation & Logistics. Here’s how many companies are turning to their supply chains to meet their ESG goals.

Supply Chain Design Software 62

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

Trinity Logistics

NOVEMBER 13, 2023

Many of today’s manufacturing trends are in line with the industry’s goals to improve processes, create more efficiency, and meet consumer demand. million skilled workers by 2030. According to a study by the Manufacturing Institute, less than 30 percent of manufacturing workers are women. Industry 4.0 Industry 4.0

Manufacturing Procurement 92

Manufacturing Procurement Supply Chain Software Trends Supply Chain Planning Software 92

Trinity Logistics

NOVEMBER 11, 2022

Many of today’s manufacturing trends are in line with the industry’s goals to improve processes, create more efficiency, and meet consumer demand. For example, manufacturing output has been expected to increase by 2.4 As technology changes this industry, employees need different skills for their roles. DIVERSIFYING WORKFORCE.

Manufacturing Procurement 101

Manufacturing Procurement Trends Supply Chain Software Industry 101

Logistics Viewpoints

JANUARY 26, 2021

The hyper-focus on meeting customer expectations is also creating pressures upstream in the supply chain, as manufacturers extend visibility and collaboration beyond their own walls to avoid any disruptions. To meet customers’ growing expectations for personalized offerings, the typical company’s product lines have grown exponentially.

Supply Chain Software 161

Supply Chain Software Supply Chain Planning Software Definition Supply Chains 161

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. What about Millennials and Boomers?

Groups 57

Groups eCommerce Purchasing Skills Procurement Analytics 57

Conger

MARCH 22, 2024

In this article, we explore how these AGVs are changing the warehouse industry by minimizing human error, reducing labor costs, and setting new standards for productivity and safety. Reducing Labor Costs and Environmental Impact Labor costs: Labor is not getting any cheaper. Let’s dive in!

Materials Handling 79

Materials Handling Material Savings Supply Chain Software Cost Reduction 79

Conger

MARCH 22, 2024

In this article, we explore how these AGVs are changing the warehouse industry by minimizing human error, reducing labor costs, and setting new standards for productivity and safety. Reducing Labor Costs and Environmental Impact Labor costs: Labor is not getting any cheaper. Let’s dive in!

Materials Handling 75

Materials Handling Material Savings Supply Chain Software Cost Reduction 75

Logistics Viewpoints

MARCH 6, 2023

GEON Performance Solutions purchases plastic pellets and add plastic compounders to make products of different strength, resilience, and flexibility. Mr. Sorenson has studied integrated business planning for many years. Too often overhead costs are allocated using broad averages, rather than doing so in a more targeted manner.

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

GlobalTranz

JUNE 11, 2015

We conclude our series on supplier quality management (SQM) today with a look at some case studies and examples of benefits derived from the application of a supplier quality management system. Examples and Case Studies from the Implementation of a Supplier Quality Management System. Today, 97.5%

Supply Chain Planning Software 94

Supply Chain Planning Software Supply Chain Design Software Examples Case Study 94

Ship Monk

SEPTEMBER 14, 2023

They’re researching before they purchase, and they’re purchasing wherever and whenever they see something they like. According to a study conducted by Harvard Business Review, 73% of retail shoppers use multiple channels to shop. Note that you’ll need to meet special requirements for retail/B2B fulfillment. Lots of fees.

Inventory Reduction 64

Inventory Reduction Price Reduction Cost Reduction eCommerce 64

Logistics Bureau

MAY 30, 2022

Our three pillars (or fundamentals) of great supply chain management excellence are strategy, service, and cost. For example: Alignment of strategy and cost leads to happy shareholders. Alignment of cost and service is good news for your customers. Why does the C-suite want the three pillars aligned?

Inventory Reduction 112

Inventory Reduction Cost Reduction Price Reduction Supply Chain Planning Software 112

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

The Lean Thinker

DECEMBER 9, 2022

When “trams” (coal carts) were in short supply, for example, the “trammers” would horde carts to optimize their team’s performance at the expense of other teams being limited by the number of carts available. The study I am citing here was commissioned to determine why. This all changed shortly after WWII.

Modeling Software 259

Modeling Software Optimization Software Expense Reduction ERP 259

GoShip Blog

FEBRUARY 2, 2023

These values guide every business decision, from how and where products are sourced to the employees’ working conditions and how goods are delivered to customers. Also, a 2017 study found that over 55% of Americans are loyal to brands with values that resonated with them. What Brand Values Influence Purchase Decisions?

Sourcing Strategies 52

Sourcing Strategies How To Waste Reduction Eliminating Excel in Purchasing 52

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%. A potential customer might visit your web store multiple times before making a purchase. But the most commonly used benchmark tracks purchases by visits. Anywhere between 0.2%

eCommerce 52

eCommerce How To Procurement Analytics Purchasing Skills 52

Logistics Viewpoints

MAY 10, 2022

with one of the highest costs of living. To make ends meet, many colleagues also worked second jobs. In fact, a study by LinkedIn found that 70% of employees would not work at a leading company if it meant they had to tolerate a bad workplace culture. As a result, the math was not in our favor. These are clear cut benefits.

Vendor Strategies 109

Vendor Strategies Waste Reduction Cost Reduction Optimization Software 109

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

Logistics Bureau

JANUARY 9, 2019

Again then, it’s not difficult to see how the financial health of a business depends on that of the supply chain, or how probable it is that supply chain costs feature strongly in the demise of many companies that become insolvent. Mini Case Study: Walmart. Built strategic partnerships with vendors to drive down prices.

Supply Chain Design Software 118

Supply Chain Design Software Supply Chain Design Inventory Reduction Cost Reduction 118

Logistics Bureau

DECEMBER 4, 2023

Inventory management is a crucial aspect of supply chain management, and effective strategies can help businesses reduce costs, improve customer service, and increase profits. When evaluating your customers’ needs, thinking about how to design your company’s service to meet them is natural. What Next for Toyota IM?

Inventory Reduction 87

Inventory Reduction Eliminating Excel in Purchasing Inventory Waste Reduction 87

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. The time spent navigating a warehouse can account for more than 30% of the total cost of labor. Five fast start opportunities for AI.

Optimization Software 153

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

Logistics Bureau

JANUARY 7, 2020

Companies with global supply chains—a category which includes a fast-growing number of corporations, medium-sized companies, and even small businesses—can be standing on a cost base of which 90% is attributable to supply chain expenditure. . Mini Case Study: Walmart. Built strategic partnerships with vendors to drive down prices.

Supply Chain Design Software 122

Supply Chain Design Software Supply Chain Design Inventory Reduction Cost Reduction 122

Penske Move Ahead

SEPTEMBER 17, 2019

Shippers and third-party logistics providers are continuing to collaborate as they find solutions to meet their supply chain goals, improve efficiency, and manage their overall transportation spend. Penske Logistics sponsors both studies. Supply Chain Costs. overall cost increase on a 4.6% Transportation costs saw a 10.4%

Supply Chain Planning Software 36

Supply Chain Planning Software Supply Chain Software Purchasing Skills 3PL 36

Material Handling and Logistics

JULY 29, 2018

Retailers such as Walmart have rigorous standards and will only purchase from suppliers who meet these standards. And customers, many of whom are Millennials, want to know the sourcing of the products they buy and will make decisions based on a company’s sustainability record. Reducing energy costs often reduces GHG emission.

Sourcing Strategies 133

Sourcing Strategies Cost Reduction Price Reduction Efficiency 133

Locus

MAY 25, 2022

The above statement is spot on, largely because of its subtext: Customers spend their money elsewhere because they are not happy with how companies meet their expectations. Take last-mile deliveries for example. Source: statista.com. When e-commerce was in its infancy, people were more forgiving around meeting delivery times.

Sourcing Strategies 52

Sourcing Strategies Inventory Reduction Cost Reduction Strategy 52

GoShip Blog

FEBRUARY 7, 2023

Adopting a solid marketing strategy is imperative for the following reasons: It informs product development and pricing: An effective marketing strategy informs your product development process as it helps you decipher the specific needs of your target audience and the most suitable solutions to these needs.

Waste Reduction 52

Waste Reduction Price Reduction Resource Reduction Expense Reduction 52

Logistics Bureau

NOVEMBER 14, 2018

For example, how would you deal with the following situations in procurement? Another supplier guarantees lower supply prices that would re-establish the margins your company needs to meet its objectives. Your Italian company is negotiating the supply of aerospace products to a government in Asia.

Procurement Analytics 75

Procurement Analytics Optimal Sourcing Procurement Solutions Procurement 75

Chronicled

AUGUST 27, 2020

MediLedger Network: How Blockchain-Enabled Solutions Will Change How Companies Do Business, Together Business, Together This month is the 4th anniversary of our very first industry group meeting of the MediLedger Project. The solution was initially designed to meet regulations around drugs returned and resold in the US.

Networks 52

Networks Procurement Solutions Manufacturing Procurement Price Reduction 52

Logistics Bureau

MAY 3, 2021

With all that in mind, I thought I’d share some examples of the highs and lows of online and in-store retail that enterprises have endured between late 2019 and early 2021, and highlight some of the most notable changes in the retail supply chain arena during that period. The Dark Store Trend. Which Retailers Are Into Dark Stores?

Supply Chain Planning Software 71

Supply Chain Planning Software Supply Chain Software Supply Chains Inventory Reduction 71

Conger

JULY 30, 2021

With the rise of eCommerce, consumers have more purchasing options than ever before. There are 5 ways that customers can order, receive, or return their purchases. Ship from store : A buyer purchases a product on a seller’s website. In-store purchase, home delivery : A buyer purchases products from a store.

Inventory Reduction 52

Inventory Reduction Distribution Vendor Strategies Waste Reduction 52

Penske Move Ahead

SEPTEMBER 17, 2019

Shippers and third-party logistics providers are continuing to collaborate as they find solutions to meet their supply chain goals, improve efficiency, and manage their overall transportation spend. Penske Logistics sponsors both studies. overall cost increase on a 4.6% Transportation costs saw a 10.4%

Supply Chain Planning Software 20

Supply Chain Planning Software Supply Chain Software Purchasing Skills 3PL 20

The Logistics Academy

FEBRUARY 13, 2017

For example, as online sales reach a record high, B2C service provider Jet.com uses some creative logistics concepts to bring value to customers. We find that a skill set in another discipline gives students a competitive advantage because it can enhance how they practice logistics and supply chain management.

Supply Chain Design Software 40

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 40

Logistics Viewpoints

MARCH 20, 2023

Based on ARC Advisory Group’s recently released study of the market, this puts them in the top 5. Planners in China rely on different data sources and operate with different business practices than those in North America. There is no one source that can provide good sustainability data. How did the company grow so fast?

Supply Chain Planning Software 125

Supply Chain Planning Software Modeling Software Procurement Solutions Supply Chain Software 125

GlobalTranz

JUNE 30, 2017

In addition, customers are continuing to demand lower prices and free shipping. Essentially, this creates a stronger level of customer service, and it can turn into additional purchases. For example, a customer is a shoe store may purchase shoes, but if offered a new brand of socks, he or she refuses.

Manufacturing Procurement 82

Manufacturing Procurement Procurement Analytics After-sales Price Reduction 82

Logistics Business Magazine

MARCH 28, 2019

In recent years, Sitma has invested heavily in finding a packaging alternative to traditional thermoplastic materials, and has been developing a solution that can reconcile sustainability, production costs and mechanical performance. Considering this study, Sitma endorses the paper option. Paper, plastic or bio-plastic?

Material Savings 28

Material Savings Expense Reduction Cost Reduction Optimization Software 28

ShipLilly

OCTOBER 26, 2020

That means that you order what you need to meet your customer demands, but nothing more. Failing to meet customer expectations might not just lose you a single sale, but lose you the customer entirely. For example, a previously unpopular product may suddenly receive a sales boost due to a celebrity endorsement.

Inventory Reduction 96

Inventory Reduction Inventory Tips Supply Chain Planning Software 96

WorkWave

AUGUST 31, 2021

For example, a majority of veterans possess skills that would be perfect for a career in truck driving. Military Veteran Skills Valued by the Trucking Industry. Here is a non-exhaustive list of skills that some veterans possess that would make them excellent truck drivers: . Types of Truck Driving Jobs. Dry Van Trucking.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Trucking Buyer Training Purchasing Skills 52