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A New Era in Transport Logistics with Big Data and Self-Driving Trucks

Logistics Viewpoints

According to the results of a study published in Computers in Human Behavior, determining ideal transport routes in combination with a higher fill level of the trucks can lead to a significant mileage reduction. Initial steps toward self-driving trucks are in process.

Data 167
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AI Demand Forecasting Works

Logistics Business Magazine

According to a study by the World Economic Forum (WEF), while AI is expected to displace some jobs, it is also expected to create new jobs and transform existing ones. One critical area that promised significant business benefits was order processing and available-to-promise (ATP).

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Different Delivery Requirements Across Age Groups

Logistics Business Magazine

For example, how might preferences relating to the convenience, cost and speed of delivery affect different consumers? A 2023 study of over 8,000 consumers across 10 geographies, including the UK, central Europe and North America reviewed the state of ecommerce and home delivery performance. What about Millennials and Boomers?

Groups 61
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Savvy Supply Chain Leaders Aren’t Letting a Good Downturn Go to Waste

Logistics Viewpoints

A famous 2010 HBR article, “Roaring Out of Recession,” studied how 4,700 public companies fared during the recessions of 1980, 1990, and 2000. For example, imagine your company moves 10,000 containers a year with an average contents value of $75,000. 17% went bankrupt, went private, or were acquired. Reduced working capital.

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Understand the Pitfalls of IBP Before Embarking on a Supply Chain Transformation

Logistics Viewpoints

“In a survey of 54 senior executives, only about one in four believed that the processes of their companies balanced cross-functional trade-offs effectively or facilitated decision making to help the P&L (profit and loss) of the full business.” Mr. Sorenson has studied integrated business planning for many years.

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Peak Season 2022 Guide for eCommerce Brands PART 2

Ship Monk

If you manage your own fulfillment, you’ll need to study data and inventory formulas from previous seasons and hire more packers while running your promotions to keep up with competitors. If that is simple to navigate, you are getting eCommerce orders processed efficiently. Study Data Closely.

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Enhancing Supply Chain Efficiency With e-Commerce Shipping

FW Logsitcs

Studies show that a significant portion of online shoppers abandon carts due to slow or expensive shipping options. By offering fast order processing, picking, packing , and shipping, businesses can meet these expectations. As a result, they will experience improved conversion rates and keep customers coming back for more.