GlobalTranz

JANUARY 10, 2017

From artificial intelligence to refocusing on procurement, the state of supply chain continued to explode throughout 2016, and you need to understand why. A 2016 Accenture survey, reports RF Gen , explained how more companies are taking advantage of AI benefits through linked supply chains. The State of Supply Chain 2016 Trends.

Manufacturing Procurement 65

Manufacturing Procurement Optimal Sourcing Procurement Analytics Procurement Solutions 65

Trinity Logistics

NOVEMBER 13, 2023

DIFFICULTY FINDING LABOR DIVERSIFYING WORKFORCE TECHNOLOGY IS TAKING OVER INCREASING CYBERSECURITY CARBON NEUTRALITY BUILDING RESILIENT SUPPLY CHAINS DIFFICULTY FINDING LABOR Manufacturers are still struggling to find labor, with a recent Deloitte survey estimating that the manufacturing sector will be short 2.1 Industry 4.0 Industry 4.0

Manufacturing Procurement 92

Manufacturing Procurement Supply Chain Software Trends Supply Chain Planning Software 92

GlobalTranz

NOVEMBER 21, 2017

Some supply chain companies are leaning on the power of analytics to help streamline their processes and get ahead of their competitors. But many companies have struggled to embrace the relationship between using analytics and implementing changes that can improve business performance. The simpler the model, the more likely the use.

Supply Chain Software 69

Supply Chain Software Procurement Analytics Supply Chains Data 69

SYSPRO Smarter ERP

MARCH 21, 2022

Several surveys have reported how SCM in recent years has moved from being a cost center to one responsible for offering superior customer experience and delivering competitive advantage. According to a report , between 2020 and 2021 there was a dramatic growth in companies focusing on making their supply chains more resilient.

Manufacturing Procurement 116

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software Supply Chains 116

Logistics Viewpoints

JANUARY 26, 2021

This means supply chain and logistics professionals need to distinguish between more frequently purchased products and the slower-moving products customers are willing to wait for. In a study of logistics providers conducted by Fraunhofer IML, only 36% of organizations reported that they had a clear overall plan for digital transformation.

Supply Chain Software 161

Supply Chain Software Supply Chain Planning Software Definition Supply Chains 161

Logistics Bureau

JANUARY 7, 2020

According to a survey by Deloitte from 2014, 79 % of companies with high-performing supply chains achieve revenue growth superior to the average within their industries. Conversely, just 8% of businesses with less capable supply chains report above-average growth. Supply Chain Strategy. Now for those statistics I mentioned.

Supply Chain Design Software 122

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

Logistics Bureau

JANUARY 9, 2019

According to a survey by Deloitte from 2014, 79 % of companies with high-performing supply chains achieve revenue growth superior to the average within their industries. Conversely, just 8% of businesses with less capable supply chains report above-average growth. Supply Chain Strategy. Now for those statistics I mentioned.

Supply Chain Design Software 118

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

Ship Monk

MAY 18, 2023

That may seem a bit dramatic, but people who get into the ecommerce industry are dynamic by nature, living every day with visions of innovation, gameplans for growth , and on the hunt for the best scaling strategy. Our MonkProtect technology provides best-in-class post-purchase protection and extra added benefits. Even better?

Purchasing Skills 52

Purchasing Skills Procurement Solutions Supply Chain Design Software eCommerce 52

Logistics Viewpoints

FEBRUARY 8, 2022

As physical stores opened, shut down and re-opened again, consumers became more flexible in the way they shop for, and purchase, just about every product. According to a recent article in Forbes , 48% of consumers today prefer a hybrid shopping model that combines online and in-store components. While driving a projected $14.1

Optimal Sourcing 112

Optimal Sourcing Logistics Network Optimization Software Supply Chain Planning Software Optimization Software 112

Logistics Business Magazine

AUGUST 15, 2023

So how can they find equilibrium between service excellence and cost-effectiveness, especially in times of economic uncertainty? The influence of delivery costs on consumer behaviour Recent surveys spotlight the pivotal role that delivery costs play in shaping shoppers’ purchasing decisions.

Purchasing Skills 67

Purchasing Skills Cost Reduction eCommerce Price Reduction 67

GlobalTranz

AUGUST 18, 2015

Companies based on assets have had years of experience in purchasing trucks and managing warehouse inventories. What Data Analytics and Business Process Strategy Services Are Offered? Shippers report capacity as their top concern for selecting a 3PL service provider, specifically 65 percent of surveyed shippers.

Logistics Network Optimization Software 96

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

Blue Grace Logistics

MAY 7, 2019

But is it a good strategy to wait for things to go wrong to ask the CFO to step in? Supply chain and transportation are two of the biggest cost centers in an organization. The cost for these functions is measured as a percentage of sales and differs from industry to industry. How well can we respond to changes in the industry=?

Negotiating Skills 48

Negotiating Skills Purchasing Skills Supply Chain Planning Software Supply Chain Software 48

Locus

MARCH 28, 2022

For example, clothing stores enable customers to browse and try out the merchandise in person, get helpful suggestions from the human sales staff, and receive a seamless checkout experience with automated cashiers. Myntra’s Roadster Go (India) store is a fine example of this category.

Cost Reduction 52

Cost Reduction Supply Chain Planning Software Inventory Reduction Price Reduction 52

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. We see that 64% report a small bump up in salary, but, at the same time, 77% reported that their job functions had increased.”. Now I’m charged with purchasing and releasing them too.

Survey 28

Survey Negotiating Skills Supply Chain Planning Software Manufacturing Procurement 28

GlobalTranz

MARCH 23, 2016

You use a Voice of the Customer (VoC) survey to obtain negatives and positives from your customers. These metrics would, of course, be aligned and are updated every hour. The metrics are also manual as automatic metric systems cannot retrieve the information at an hourly frequency as these metrics are process inputs and not outputs.

Manufacturing Procurement 54

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

Material Handling and Logistics

JULY 29, 2018

Most every company issues a corporate social responsibility (CSR) report detailing what they have done over the year to comply with the expectations of all of their stakeholders. Retailers such as Walmart have rigorous standards and will only purchase from suppliers who meet these standards. Last-Mile Delivery. In the U.S.,

Sourcing Strategies 133

Sourcing Strategies Cost Reduction Price Reduction Efficiency 133

GlobalTranz

NOVEMBER 10, 2015

For these companies, the use of a dedicated transportation management system, such as Cerasis™ Rater , can be deployed to lower transportation costs across the entire supply chain. However, costs can be further reduced through the use of a warehouse management system (WMS). Implementation Costs.

Supply Chain Planning Software 90

Supply Chain Planning Software Optimization Software Inventory Reduction Cost Reduction 90

CLX Logistics

APRIL 27, 2016

This functionality then leads to supply chain insight which allows companies to learn about operational performance, strengths and weaknesses of a supply chain configuration, changes in supply or demand and customer service capabilities and cost. Improve lead times and performance. Augment and Set Visibility Tools In Place.

Optimal Sourcing 40

Optimal Sourcing Supply Chain Planning Software Optimization Software Supply Chain Software 40

247 Customs Broker

JUNE 7, 2018

Recent news has surfaced indicating that the percentage of the idled global container fleet has decreased, and many carriers have recently reported positive operating profits. According to the report, logistics managers may soon see impacts resulting from the industry’s reconfiguration into two?tiers: As controlling power within?the

Cost Reduction 28

Cost Reduction Cargo Price Reduction Resource Reduction 28

247 Customs Broker

MAY 8, 2018

Say “freight forwarder” and the first thing that might come to mind would be “forward-thinking,” a market run by visionary leaders who can use predictive analytics to forecast and deliver on new shipper demands. Furthermore, 72% of those forwarders surveyed failed to quote, thereby missing out on digital business.

Freight forwarding 28

Freight forwarding Supply Chain Planning Software Freight Sourcing Strategies 28

Logistics Viewpoints

FEBRUARY 11, 2021

At the same time, the Chief Purchasing Officer (CPO) has taken on a pivotal role by securing Personal Protective Equipment (PPE) to protect the workforce and direct materials when primary sources fail. Let us examine these: Implementing a ‘China Plus One’ strategy: Part of the resiliency comes from having alternate sources of supply.

Manufacturing Procurement 138

Manufacturing Procurement Supply Chain Planning Software Sourcing Strategies Procurement Solutions 138

GlobalTranz

APRIL 5, 2016

Predictive analytics , which identify the intrinsic inefficiencies in simple processes that did not warrant in-depth review in response to the Great Recession. For example, the Cerasis Rater enables rapid reporting, tracking of KPIs, and review of asset-allocation quickly and easily. They get lost or misplaced.

Negotiating Skills 55

Negotiating Skills Logistics Network Optimization Software 3PL Purchasing Skills 55

Logistics Business Magazine

NOVEMBER 24, 2023

To ensure that more truck drivers are back home in the evening, for example, the forwarding association Elvis wants to set up a meeting network for full truck loads. The best of the best also differentiate their recruitment strategy – for example, according to generations or potential groups such as newcomers or foreign workers.

Supply Chain Planning Software 62

Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software Optimization Software 62

247 Customs Broker

MARCH 14, 2018

Those are some of the takeaways from the recently-released “ Home-Delivery Shopping Survey ” issued this week by global consulting firm AlixPartners. Not surprisingly, the report noted that the impact of free shipping has a major impact on purchasing decisions for consumers. days, 2014 at 5.0 days, and 2012 at 5.5

Expense Reduction 28

Expense Reduction Cost Reduction Price Reduction Material Savings 28

WorkWave

SEPTEMBER 23, 2021

When you create your initial business model, consider the need for adjustments so that you can quickly shift priorities and adapt the model to match a growing industry with new ideas and innovative services for customers. For example, suppose your business offers certain specialized grocery products or local farm-to-table services.

Modeling Software 52

Modeling Software Optimization Software How To Procurement Solutions 52

GlobalTranz

DECEMBER 17, 2014

For example, on average the cost savings from automating a manually processes purchase order is $9.89, for an invoice is $11.58 Looking at 2013 research, 46% of the companies surveyed use EDI “heavily” with an additional 31% reporting “some: EDI usage. and a remittance is $12.96.

Supply Chain Software 93

Supply Chain Software Sourcing Strategies Expense Reduction Cost Reduction 93

247 Customs Broker

MARCH 14, 2018

For us it’s been challenging but manageable,” reports Ramsey Mansour, vice president of corporate strategy and marketing at Purolator Courier. A lesser challenge has been the rise in online purchases of larger items like mattresses and snow blowers. The company registered a 40 per cent rise in delivery stops in December.

Vendor Strategies 28

Vendor Strategies Cost Reduction Inventory Reduction Modeling Software 28

GlobalTranz

OCTOBER 27, 2015

You may want to introduce some checks or surveys throughout the year rather than waiting till the end of the year to find out if you’ve achieved your objective. For example, saying you want to improve relationships with your key stakeholders might be a worthy objective. Evidence may be just as useful in situations like this.

Logistics Network Optimization Software 90

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

Logistics Viewpoints

MAY 3, 2022

But it’s important to remember that while customers want their purchases fast, sometimes even the next day, many care about the environmental impact of that delivery as well. In response to these rising complexities, late last year, Körber commissioned its first ever Supply Chain Benchmarking report. It’s time to rethink everything.

Supply Chain Design Software 116

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 116

ShipLilly

MARCH 20, 2023

Elsewhere, the Bank of Canada business survey for the 4th quarter of 2022 indicated that there were still price adjustments pending and that many of these relate to previous supply disruptions. For example, data from the Institute for Supply Management showed that commodity shortfalls in some product categories (e.g.,

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Supply Chains Scenario Planning 52

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 61

Supply Chain Planning Software Supply Chain Software Supply Chains Trends 61

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. With last-mile delivery incurring 53% of total shipping costs, retail businesses should fulfill these rising customer expectations and simultaneously have a rigorous control over costs.

Inventory Reduction 52

Inventory Reduction Cost Reduction Ordering Waste Reduction 52

Logistics Bureau

SEPTEMBER 28, 2020

The third-party logistics model is where a manufacturer retains oversight of its supply chain but outsources processes such as warehousing, shipping, packing, and distribution to a 3PL provider. The best example of a 4PL model is Amazon.com. Some Australian 4PL Models. Amazon: A Hard 4PL Act to Follow. percent over FY19.

4PL 116

4PL Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Design Software 116

GlobalTranz

FEBRUARY 25, 2015

No longer are we in a world where consumers and employees “go online” to work, play, or purchase; we are now in a world where everyone and everything simply is online, whether at home, at school, at the office, or on-the-go. What is an Example of Internet of Things? ” The hyperconnected world is today’s reality.

Manufacturing Procurement 107

Manufacturing Procurement Optimization Software Logistics Network Optimization Software Supply Chain Planning Software 107

Bringg

APRIL 18, 2021

According to an IBM Research Insights report, 57% of consumers are willing to change their eCommerce purchasing habits to help reduce their environmental impact. In one survey, only 10% of companies said that they distinguished their business and plan to gain more market share based on having the most eco-friendly delivery service.

Green logistics 62

Green logistics Cost Reduction Waste Reduction Tips 62

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.

Supply Chain Design Software 145

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

Blog on Log

OCTOBER 31, 2006

Those 1,000 Rockin Sockin Robots your buying department purchased a decade ago, for example, take up valuable space. Here are some strategies to consider for maintaining a lean storage profile in your DC operation. They are often too busy ordering the next "hot" item to look back on previous bad purchasing decisions.)

Inventory Reduction 40

Inventory Reduction Picking Waste Reduction Material Savings 40