Logistics Business Magazine

MAY 24, 2018

A new survey analyses the maturity levels of large UK and German companies in their efforts to digitise their supply chain ecosystems – with a focus on sustainability and transparency drivers. The survey among 150 supply chain decision makers* reveals a major difference between Germany and the UK.

Supply Chain Software 32

Supply Chain Software Supply Chain Planning Software Survey Supply Chains 32

Logistics Business Magazine

MARCH 24, 2023

The coming together of five organisations with shared visions for the safety and security of global trade will take advantage of unified information and data sources to bring greater awareness and understanding of issues with the goal of producing preventative output.

Groups 54

Groups Resource Reduction Sourcing Strategies Maritime 54

Talking Logistics

SEPTEMBER 24, 2018

In fact, two-thirds of the companies surveyed characterized their omni-channel fulfillment performance (relative to peers in their industry) as average or below, with 30 percent characterizing it as below average. Source: “Omni-Channel Logistics Leaders: Top 5 Inventory Insights,” Adelante SCM & LEGACY SCS.

Optimal Sourcing 78

Optimal Sourcing Inventory Nodes Manufacturing Procurement 78

AIMMS

JUNE 16, 2020

Our 2018- 2019 Network Design Survey showed that the majority of organizations are still relying on spreadsheets (nearly 60%) and gut feel (15%) to make network design decisions. Another use case we see for scenario modeling in the current context is evaluating new sourcing locations. Read on for common use cases. .

Scenario Planning 71

Scenario Planning Supply Chain Design Software Supply Chain Design Optimization Modeling 71

Logistics Viewpoints

JANUARY 26, 2021

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. In a 2018 survey by GEODIS, only 6% of supply chain professionals worldwide believed their companies had achieved supply chain visibility ? A Positive Example.

Supply Chain Software 161

Supply Chain Software Supply Chain Planning Software Definition Supply Chains 161

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.

Optimal Sourcing 166

Optimal Sourcing Procurement Solutions Procurement Analytics Procurement 166

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. One of the players in this market, Resilinc, is monitoring 105 million data sources. For example, a manufacturer might have a supplier in Hanoi they purchase key components from.

Supply Chain Planning Software 116

Supply Chain Planning Software Supply Chain Design Software Manufacturing Procurement Supply Chain Software 116

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

GlobalTranz

FEBRUARY 6, 2018

What makes Ethereum different is that it actively encourages software development teams to use its open-source protocol to design tokens that run on top of the Ethereum blockchain. Provenance ensures transparency in supply chains, with the aim of encouraging brands to source materials and labor in an ethical and fair trade manner.

Supply Chain Design Software 164

Supply Chain Design Software Supply Chain Software Supply Chain Design Supply Chains 164

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

Logistics Viewpoints

MARCH 2, 2023

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.

Waste Reduction 118

Waste Reduction Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 118

Material Handling and Logistics

JULY 29, 2018

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. While studies show that consumers want sustainable products, only 5%-10% will actually pay a price differential for that,” Sheffi says. In the U.S.,

Sourcing Strategies 133

Sourcing Strategies Cost Reduction Price Reduction Efficiency 133

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. Convoy’s ERGs are a great example of this effort and are at the heart of our community and key to fostering a sense of belonging at the company. Of that 24%, 12.5%

Resource Reduction 62

Resource Reduction How To Sourcing Strategies Groups 62

WorkWave

JANUARY 18, 2021

Instead of focusing on customers and outside sources, you may need to start looking inward at processes to streamline production. According to various studies, there is value to enhancing the customer experience: Companies with a customer experience mindset drive revenue 4-8% higher than the rest of their industries.

Sourcing Strategies 98

Sourcing Strategies Inventory Reduction Tips Supply Chain Software 98

Blue Grace Logistics

APRIL 9, 2019

Here are a few important pointers from the webinar: UPS Capital appointed Harris Poll to survey U.S For the study, Harris Poll surveyed more than 600 professionals. The survey provides some alarming results. Why do shippers need insurance? annually LTL shipments show an annual loss of 10.8% annually.

Supply Chain Planning Software 54

Supply Chain Planning Software Webinar Cost Reduction Sourcing Strategies 54

Blue Grace Logistics

MAY 7, 2019

However, according to this McKinsey study, most industries report supply chain and logistics cost in the range of 1.8% A 2013 study by Ernst & Young aptly highlighted the importance of CFO’s involvement in the supply chain. Source: Innovation Enterprise. 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

Blue Grace Logistics

JUNE 13, 2022

Nearly two-thirds of businesses responding to the 2020 Gartner Sustainability Survey said they were pressured by customers to invest in sustainability initiatives while 48% said pressure was coming from investors and 48% cited regulators. The driver is happier and the carrier’s margins have improved. DROP AND HOOK.

Supply Chain Design Software 62

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

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. In 2014, a survey by Tompkins Consortium delivered a shocking revelation. Mini Case Study: Walmart. Mini Case Study: Whirlpool. Supply Chain Strategy.

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. In 2014, a survey by Tompkins Consortium delivered a shocking revelation. Mini Case Study: Walmart. Mini Case Study: Whirlpool. Supply Chain Strategy.

Supply Chain Design Software 118

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

Ship Monk

MARCH 11, 2024

And when we feel uncertain, humans tend to look for examples of what others in our situation have done. We’ll give you some examples of social proof, and we’ll even rank them in terms of trustworthiness. Social Proof Examples, Ranked Social proof can take many forms, and they’re not all equal. What is Social Proof?

eCommerce 89

eCommerce Logistics Network Optimization Software Case Study Procurement Solutions 89

ShipLilly

JUNE 23, 2021

There are examples of artificial intelligence being used to achieve these goals. For example, an online movie platform can prepare a recommended list for users based on their profile and previous behavioral patterns. For example, a comparative analysis of sales and inventory will raise red flags if there are shortages or gluts.

Optimal Sourcing 87

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

RPA Labs

MAY 19, 2022

In this study, RPA Labs takes a look at quote request response rates by establishing a “faux” HVAC company, Griffith HVAC, to request container price quotes from the top 50 Freight Forwarding companies as listed by Armstrong & Associates. But don’t take our word for it. Palos Verdes St. San Pedro, CA 90731. Container Size: 40 ft FCL.

Freight forwarding 52

Freight forwarding Supply Chain Software Freight Supply Chain Design Software 52

3PL Links

DECEMBER 3, 2023

Predictive Analysis in Logistics and Supply Chain: How to Apply | Image source: Pexels In logistics, predictive analysis is simply the process of identifying and forecasting patterns, trends, and behaviors in both human and machine learning approaches, data, and algorithms. This ratio increased to 54% in 2022.

Supply Chain Planning Software 48

Supply Chain Planning Software Optimal Sourcing Analysis Supply Chain Software 48

247 Customs Broker

SEPTEMBER 24, 2018

In fact, two-thirds of the companies surveyed characterized their omni-channel fulfillment performance (relative to peers in their industry) as average or below, with 30 percent characterizing it as below average. Source: “Omni-Channel Logistics Leaders: Top 5 Inventory Insights,” Adelante SCM & LEGACY SCS. Compliance to U.S.

Optimal Sourcing 28

Optimal Sourcing Inventory Nodes Manufacturing Procurement 28

WorkWave

MARCH 4, 2020

Primary Research can be conducted via: Interviews; Surveys; Questionnaires; Focus/user groups; Test markets. Secondary Research can be conducted via: Internal Research: Profit/loss statements, balance sheets, sales figures External Research: Government sources , the internet, competitor data. Ask For Feedback. Evaluate Yourself.

Tips 52

Tips Purchasing Skills Sourcing Strategies How To 52

Conger

MARCH 25, 2020

of all work orders surveyed, the biggest category of reported issues was leaks. Travel and lift issues came in second among surveyed work orders, at 15.18% of complaints. In fourth place were starting issues, at 12.89% of our survey sample. Error codes and check engine lights came in next, with 6.21% of surveyed issues.

Survey 55

Survey Cost Reduction Ordering Material Savings 55

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. According to a recent survey, only 15% of companies reported having either automated reporting or conveyance processes, and another 46% plan on automating reporting in the near future.

Optimal Sourcing 62

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

Logistics Bureau

APRIL 23, 2020

For example, in South Korea, 70 percent of consumers say they plan to shop online. The figures for other countries are also impressive—42 percent in Spain, 41 percent in German, 39 percent in Russia, and 36 percent in France, as revealed by a recent study.

Ordering 62

Ordering Modeling Software How To eCommerce 62

Blue Grace Logistics

SEPTEMBER 19, 2019

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. The study showed that consumers place a higher value in a company that can prove the ethical treatment of their workers.

Definition 48

Definition Supply Chain Design Supply Chains Manufacturing Procurement 48

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

247 Customs Broker

MARCH 28, 2018

This will be an update on a study Steve Banker did a few years ago, which looked mostly at the execution space, and how the Uber for Freight model was disrupting the market. In this study, I am specifically looking at transportation visibility. According to survey respondents, 72.5 Transportation Execution and Visibility.

Modeling Software 28

Modeling Software Transportation Optimal Sourcing Supply Chain Planning Software 28

247 Customs Broker

MAY 8, 2018

A good example of this is provided by companies that take on piece-meal internal digitization approaches,” says Buchman “While these may help individual departments or countries improve operations, the user experience still remains fragmented.”. “A Buchman observes that while political tensions—from new U.S. to Singapore and on to India. “It

Freight forwarding 28

Freight forwarding Supply Chain Planning Software Freight Sourcing Strategies 28

Logistics Business Magazine

NOVEMBER 24, 2023

Open-source software is increasingly convincing In detail: The ten most important SCM trends in 2024 1. Studies show that in some areas, around a third of companies that were unable to fill all vacancies did not receive a single application. For example, reducing costs in the supply chain used to be at the top of the agenda.

Supply Chain Planning Software 58

Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software Optimization Software 58

Logistics Viewpoints

FEBRUARY 23, 2023

A McKinsey study found that 90% of supply chain leaders expected to transform their planning systems. A survey by boom! As two leading supply chain experts, Nada Sanders and Morgan Swink, found when they studied supply chain digital transformation , organizational issues were the biggest obstacles to success.

Supply Chain Planning Software 118

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Digital 118

The Logistics Academy

JUNE 29, 2017

billion in 2016, according to a BI Global Intelligence survey. For example, if a truck hits an object with substantial force, it might send a text or e-mail to a supervisor. Today, ModusLink is adding applications that would, for example, track how an end consumer uses a product, generating both marketing and replenishment data.

Supply Chain Planning Software 40

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

IoT World Today

MARCH 27, 2020

Manufacturing companies that have relied on China for production materials are feeling the blowback of this dependence; some retailers source more than half their inventory from China, according to 2020 Statista data. And “it’s a great tool,” but there are more sophisticated, more accurate tools to do sourcing.

Supply Chain Planning Software 145

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

Logistics Viewpoints

APRIL 15, 2021

Before the pandemic, in a study of logistics providers conducted by Fraunhofer IML, among those embarking on digitalization initiatives, only 25% of logistics providers in the Fraunhofer IML survey are leveraging digital technologies to think outside the box and reinvent their foundational delivery model.

Supply Chain Planning Software 149

Supply Chain Planning Software Supply Chain Software Supply Chains Digital 149