AIMMS

FEBRUARY 26, 2020

Avenues of transport are declining as major cargo airlines, like Cathay Pacific , drastically reduce flights to mainland China and Hong Kong. A recent online survey conducted b y MIT’s Center for Transportation & Logistics aimed to understand how companies are reacting to the Coronavirus outbreak.

Supply Chain Planning Software 146

Supply Chain Planning Software Supply Chain Design Software Scenario Planning Supply Chain Software 146

Logistics Viewpoints

FEBRUARY 8, 2022

For example, they might browse products online, but visit a brick-and-mortar store to finalize their selection. As just one example, Nike’s online sales grew by 75% in 2020 — but its profit margins fell from 45.5% due to the higher costs associated with online selling. While driving a projected $14.1

Optimal Sourcing 112

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

Bringg

MARCH 24, 2021

To meet the new demand, companies will have to adjust their operations for greater efficiency, flexibility, and cost reduction. Studying the market is vital at this phase. A good example of such a strategic decision could be choosing a warehouse’s location. Identify areas where technology can digitize and add transparency.

Optimal Sourcing 62

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Supply Chain Design Software 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. This model became dominant for order-quantity analysis in the study of supply chains. With the help of EOQ, businesses can reduce these inversely related costs and fulfill their customer demand.

Inventory Reduction 52

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SYSPRO Smarter ERP

SEPTEMBER 20, 2021

For example, before the pandemic, companies could get by with analog machines, paper-based systems, and disconnected point solutions. Similarly, a 2021 study from McKinsey showed that just 19% of companies that had adopted Industry 4.0 The pandemic made that impossible. But the system doesn’t just automate and optimize scheduling.

Manufacturing Procurement 110

Manufacturing Procurement Optimal Sourcing Optimization Software Digital 110

Trinity Logistics

NOVEMBER 17, 2021

In this blog, we’ll dive into what truck detention is, why it happens, how it impacts truck drivers and shippers, and how shippers can help reduce dock delays and detention. Nearly 60 percent of those surveyed reported waiting for longer than two hours on each load. Freightwaves also collected data on driver wait times.

Supply Chain Planning Software 91

Supply Chain Planning Software Cost Reduction Supply Chain Software Inventory Reduction 91

Blue Grace Logistics

OCTOBER 29, 2021

A recent study from Congress found that while 46% of the national workforce is made up of women, females hold only 24% of transportation and warehousing jobs. Create an Employee Resource Group. Of that 24%, 12.5% work in truck transportation, 8% own logistics firms and 6.6% are truck drivers. BlueGrace’s No. Stimulate Equity.

Resource Reduction 62

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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

GlobalTranz

APRIL 1, 2016

The 52 percent who aren't ready will soon be playing catch-up to companies on the cutting edge of these trends. For instance, a Canvas survey found that 33 percent of manufacturing companies are now using mobile customer relationship management (CRM) apps. Here are three ways digital technology is making manufacturing more responsive.

Modeling Software 78

Modeling Software Optimization Software Price Reduction Resource Reduction 78

AIMMS

FEBRUARY 26, 2020

Avenues of transport are declining as major cargo airlines, like Cathay Pacific , drastically reduce flights to mainland China and Hong Kong. A recent online survey conducted b y MIT’s Center for Transportation & Logistics aimed to understand how companies are reacting to the Coronavirus outbreak.

Supply Chain Planning Software 62

Supply Chain Planning Software Supply Chain Design Software Scenario Planning Supply Chain Software 62

ShipLilly

JUNE 23, 2021

Indeed, there is evidence that some companies are already using machines to complement or even supplement their human resources. Those that have embraced artificial intelligence have reported reduced costs, improved productivity, and more controllable margins or error. Consider the operation of balers and forklifts.

Optimal Sourcing 87

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Supply Chain Design Software 87

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

GlobalTranz

JULY 8, 2015

And at the end, check out a nice infographic speaking more to reverse logistics strategies and practices. For example, a returned product may only require rewrapping of exterior for sale to a secondary consumer. However, 70 percent of respondents within the survey saw Reverse Logistics as a burdensome cost for the business.

Reverse logistics 110

Reverse logistics Material Savings Cost Reduction Logistics Network Optimization Software 110

3PL Links

DECEMBER 3, 2023

Predictive analysis can cut inventory expenses by as much as 30%, per a recent report. When transportation businesses have to cope with a variety of routes and elements that significantly affect their operations, such as weather, traffic, and seasonality, that is another example of predictive analysis in action.

Supply Chain Planning Software 48

Supply Chain Planning Software Optimal Sourcing Analysis Supply Chain Software 48

Trinity Logistics

SEPTEMBER 22, 2023

Recently, a Grand View Research study shows that the cold chain market was estimated at USD 233.2 Recently, there’s been an increased demand for temperature-sensitive drugs (think covid vaccines and biologics), rising demand for better food quality, a surging need to reduce food waste, and growing demand for generic drugs.

Trends 66

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GlobalTranz

AUGUST 20, 2015

This estimate is according to responses provided by 83 percent of the manufacturing executives who participated in a survey conducted as part of an industry study by the Manufacturing Institute and Deloitte Consulting LLP. Skills Shortages. skilled production workers. researchers. machinists. scientists. skilled production workers.

Buyer Training 104

Buyer Training Cost Reduction Resource Reduction Optimization Software 104

Logistics Business Magazine

APRIL 8, 2022

Indeed, a recent survey found that nearly half of beverage distributors consider the shrinking labour pool to be the biggest threat to the smooth running of their supply chains. A recent study by Logistics UK showed that in 2019, 79,000 EU nationals left the UK logistics industry – around 7,000 of whom were lift truck drivers.

Supply Chain Software 58

Supply Chain Software Automation Material Savings Cost Reduction 58

Material Handling and Logistics

JULY 24, 2018

However, a new study shows that the deterioration in receivables is masked by a significant slowing of payments to suppliers. Overall, the survey found the companies had a Cash Conversion Cycle (CCC) of 33.8 The 1000 largest non-financial companies in the U.S. In 2017, companies significantly extended payments to suppliers, taking 3.4

Optimal Sourcing 92

Optimal Sourcing Inventory Reduction Survey Inventory 92

Logistics Bureau

SEPTEMBER 28, 2020

The key difference between the two can perhaps be explained in the following example: A 3PL provider working with a paint manufacturer may package and store products as well as transport them to retailers and/or customers. According to a study by The Insight Partners , the global 4PL market was valued in terms of revenue at $56,472.1

4PL 116

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

Logistics Viewpoints

MARCH 6, 2023

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.

Supply Chain Planning Software 141

Supply Chain Planning Software Supply Chain Transformation Scenario Planning Supply Chain Software 141

Logistics Bureau

APRIL 21, 2020

Just to give some idea of what they are facing, these are some of the demands major broadband providers such as China Telecom, Comcast, Time Warner Cable, and Verizon have to contend with due to complete or partial lockdowns of citizens ordered by various governments: Children studying online as part of home schooling.

Ordering 62

Ordering Supply Chain Planning Software Resource Reduction Video 62

GoShip Blog

JULY 21, 2022

To help conjure up a clear image in your mind, focus on some clear-cut features, such as geographical location, age, values, personality, income, and social class. For example, the geographical location might be a vital basis for segmentation for a small local business. Create personas. Perform market research.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Analysis Study Digital 52

WorkWave

FEBRUARY 4, 2021

If a company can produce quality work for a small amount of money, time, and resources, then it is considered efficient. One survey found that 25% of entrepreneurs work more than 60 hours a week — almost twice as much as regular employees. Set SMART Goals. Feedback is essential for both internal and external business growth.

Efficiency 90

Efficiency Resource Reduction Production Survey 90

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. This alone will have a tremendous impact on the industry.

Supply Chain Planning Software 60

Supply Chain Planning Software Supply Chain Software Supply Chains Trends 60

WorkWave

NOVEMBER 18, 2019

Additionally, some owners believe that up-charging customers and inflating prices is an effective strategy because it gives the appearance of legitimacy and quality. However, studies have found that this is not the case. For example, if you live in a cold environment, rodents will look to come inside during the winter.

Price Reduction 56

Price Reduction Material Savings Optimization Software Cost Reduction 56

GlobalTranz

DECEMBER 23, 2014

Just as in the following five examples that reveal interesting data, best practices, and tips related to the supply chain. Supply Chain 2014 Infographic: The State of the Supply Chain: I recently came across an interesting infographic from SAPinsider and insiderPROFILES that showcased a survey around the State of Supply Chain 2014.

Supply Chain Planning Software 94

Supply Chain Planning Software Blog Supply Chain Software Supply Chains 94

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. In addition, enhanced productivity will improve warehouse throughput capability, reducing the need to find extra labour, especially at peak times.

Production 55

Production Material Savings Modeling Software Resource Reduction 55

247 Customs Broker

NOVEMBER 16, 2018

Mark Wheeler, director of supply chain solutions for Zebra Technologies , says the Android migration is a significant factor for many players, even large and established ones with plenty of IT resources. Mark Wheeler; “There is now acceptance that Android is the future of computing at the edge. It’s a real fundamental change,” he says.

Supply Chain Planning Software 28

Supply Chain Planning Software Supply Chain Design Software Optimization Software eCommerce 28

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. There are also companies dedicated to providing useful guidance and resources to business start-ups, such as the SBDC.

Tips 52

Tips Purchasing Skills Sourcing Strategies How To 52

GlobalTranz

JUNE 24, 2015

To reiterate that reshoring is more than just hype and a very important topic for us to consider the Boston Consulting Group (BCG) study found that 54% of companies with above one billion in revenues are now considering reshoring. Nexant received about 200 survey responses from compounders, fabricators, equipment suppliers and toolers.

Manufacturing Procurement 97

Manufacturing Procurement Supply Chain Planning Software Cost Reduction Sourcing Strategies 97

GlobalTranz

AUGUST 4, 2015

Like any business, a manufacturing organization has limited resources with which to work, and when it comes to metrics, companies need to make sure that resources are being pooled into tracking and measuring the metrics that are giving them the most bang for their buck and the ability to optimize manufacturing operations.

Manufacturing Procurement 99

Manufacturing Procurement Procurement Analytics Optimization Software Optimization 99

UL EHS- Sustainability

FEBRUARY 3, 2020

We still process information through stories and examples and learn best through a continuum of relatable experiences. It is impossible to overstate the intrinsic value of surveying an array of perspectives as the group of learners struggle to achieve a common objective.

Buyer Training 52

Buyer Training Modeling Software Training Resource Reduction 52

GlobalTranz

MAY 23, 2017

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 This blog is a notable example for manufacturing companies. infographic.

Manufacturing Procurement 75

Manufacturing Procurement Waste Reduction Blog Waste 75

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. data scientists), hardware and software across industry.

Supply Chain Design Software 89

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Penske Move Ahead

OCTOBER 2, 2018

John Langley, a professor at Pennsylvania State University and author of the 23 rd Annual Third-Party Logistics Study: The State of Logistics Outsourcing, and Balika Sonthalia, a vice president at A.T. The 3PL Study is produced by Dr. Langley and Infosys. Please visit www.3PLStudy.com 3PLStudy.com to access the report at no cost.

Supply Chain Planning Software 28

Supply Chain Planning Software Supply Chain Software Supply Chains Efficiency 28

Bringg

AUGUST 19, 2020

Fleet management software is one tool that can help you manage drivers, dispatchers and vehicles to reduce overhead and increase efficiency. For example, some deliveries may require vehicles with refrigeration or heating, or vehicles that can handle an item with unusual or unusually large dimensions. But it’s much more than that.

Optimization Software 62

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

WorkWave

SEPTEMBER 23, 2021

For example, suppose your business offers certain specialized grocery products or local farm-to-table services. Within the framework of your business model, create a working model or strategy of how your company will operate. Work on an Operating Model. Transfer In-store Promotions to Online Grocery Delivery Platforms.

Modeling Software 52

Modeling Software Optimization Software How To Procurement Solutions 52