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. Supply Chain Strategy. In 2014, a survey by Tompkins Consortium delivered a shocking revelation. Supply Chain and Business Success By the Numbers.

Supply Chain Design Software 118

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

Ship Monk

JANUARY 9, 2024

Multichannel to Omnichannel You’ve heard us talk about a multichannel sales strategy before, and we’re happy to say that most of our ecommerce clients are already doing this. In 2024, we expect to see more brands moving from a multichannel strategy to create an omnichannel experience for their customers.

eCommerce 88

eCommerce Trends Optimization Software Optimal Sourcing 88

Logistics Business Magazine

APRIL 11, 2022

Due to supply chain issues, the country currently has the highest shipping costs on the continent – three of the 10 busiest ports in the UK are also the most expensive in Europe. One of the biggest challenges this year for more than half of those surveyed is finding slots on vessels.

Cost Reduction 68

Cost Reduction Expense Reduction Sourcing Strategies Optimal Sourcing 68

Logistics Business Magazine

MARCH 24, 2023

With recent events at Silicon Valley Bank and Credit Suisse rocking international finance systems , the experts at global supply chain risk management solution Resilinc are urging UK businesses to collaborate with suppliers to reduce uncertainty. Some organisations might also consider taking an equity stake in SME suppliers.

Collaboration 51

Collaboration Expense Reduction Cost Reduction Optimal Sourcing 51

Penske Move Ahead

MAY 20, 2024

Fleets today are faced with a myriad of challenges in their continual pursuit of reducing the environmental impact of their operations,” stated Drew Cullen, Penske senior vice president of fuels and facility services. Retail price of compressed natural gas (CNG) averaged 50% less expensive than diesel in 2023 at $3.04/DGE.

Availability 50

Availability Price Reduction Sourcing Strategies Cost Reduction 50

Locus

JUNE 30, 2023

Plenty of cost-cutting strategies are being employed by Supply Chain Management leaders, but the potential long-term implications often remain unseen. Speaking of implications, let’s delve into the top cost cutting strategies that businesses implement but could negatively impact supply chain performance: 1. Achieving 99.5%

Cost Reduction 52

Cost Reduction Resource Reduction Expense Reduction Price Reduction 52

Compactor Management Company

JANUARY 20, 2023

According to a survey, the average American consumes about 700 pounds of paper annually. It reduces your carbon footprint, protects you from identity theft, and increases the reuse of paper. Paper’s inherent fibers lose some of their strength during the process of shredding, which reduces its value and capacity to be recycled.

Waste Reduction 52

Waste Reduction Cost Reduction Expense Reduction Material Savings 52

GoShip Blog

NOVEMBER 14, 2018

Start setting the strategy in advance, rethinking all the possible drawbacks and difficulties you might face. Take a look back at the prior year or at your competitors’ strategy and make proper adjustments and improvements to your strategy that could help benefit your company. Strategy for last minute orders.

Expense Reduction 49

Expense Reduction Inventory Reduction Efficiency Supply Chain Planning Software 49

Logistics Business Magazine

AUGUST 15, 2023

As consumers search for ways to stretch their budgets in the face of economic strains, businesses are also grappling with increased shipping, labour and operational expenses. A report by Asendia underscores this, revealing that 43% of the 8,000 global online shoppers surveyed rank delivery costs as a key consideration.

Purchasing Skills 64

Purchasing Skills Cost Reduction eCommerce Price Reduction 64

Logistics Viewpoints

AUGUST 5, 2021

In MIT’s State of Supply Chain Sustainability 2021 , 80% of executives surveyed said the pandemic either had no impact on their commitment or increased it. I was drawn to Hunter and Amory Lovins, who advocated a strategy pairing energy efficiency with renewables, long before its current popularity. Buffering creates waste.

Supply Chain Planning Software 179

Supply Chain Planning Software Supply Chains Material Savings Waste Reduction 179

MTS Logistics

JULY 21, 2023

According to a survey by the Global Supply Chain Institute, 59% of companies reported that supply chain disruptions resulted in increased administrative work. This includes costs associated with lost sales, increased operational expenses, and reputational damage. Cargo Theft: In the U.S.,

Cost Reduction 65

Cost Reduction Document Expense Reduction Supply Chains 65

Logistics Business Magazine

JULY 5, 2023

A survey, commissioned by procurement consultancy Proxima, surveyed 1,000 UK CEOs about their approach to supply chain issues. Concern is highest in the construction sector (77%), leisure and hospitality (77%), retail (72%), and the food and beverage manufacturing sector (70%), the survey found.

Supply Chain Software 45

Supply Chain Software Supply Chains Manufacturing Procurement Optimal Sourcing 45

SYSPRO Smarter ERP

JUNE 21, 2022

A recent SYSPRO survey shows that only 45% of businesses have looked at systems to address supply chain disruptions and just 44% have investigated technologies that enable collaboration with external suppliers and customers. Hence our surprise at the findings of the global survey above. . ERP can help companies cope with Supply Chain.

Supply Chain Planning Software 105

Supply Chain Planning Software Supply Chain Software Supply Chains Optimization Software 105

Logistics Viewpoints

MAY 27, 2021

a large capital expense that typically requires five years of operation to achieve a full return on investment. In a McKinsey surveyed, 59% of participants stated that a lack of executive vision was a significant obstacle to the digital transformation of their organization. [2] How great can the impact be? Consider warehousing space.

eCommerce 139

eCommerce Optimal Sourcing Supply Chain Software Supply Chain Planning Software 139

Bringg

MARCH 24, 2021

To meet the new demand, companies will have to adjust their operations for greater efficiency, flexibility, and cost reduction. That being said, it’s also as important to consider competitors’ strategies to respond to demand. . Real-time communication and data sharing would reduce errors across supply chain handoffs.

Optimal Sourcing 62

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

Locus

OCTOBER 27, 2023

Let’s find out the three key strategies for brands to enable last-mile excellence during this Diwali season! Keeping in mind that last-mile delivery encompasses 53% of the overall shipping expenses, a few subpar customer experiences can pose a severe threat to a company’s financial health.

Optimization Software 59

Optimization Software Logistics Network Optimization Software Cost Reduction Expense Reduction 59

GlobalTranz

OCTOBER 10, 2017

The answer to this question lies in using last mile metrics to track key performance indicators and target levels of service to ensure accountability, visibility and continued reduction of costs in last mile delivery. These metrics provide a quick yes or no analysis of the effectivity of your last mile logistics strategy.

Cost Reduction 61

Cost Reduction Waste Reduction Expense Reduction Logistics Network Optimization Software 61

GlobalTranz

NOVEMBER 10, 2015

Transportation costs make up 60 percent of overall logistics expenses for all shippers and 3PLs. However, costs can be further reduced through the use of a warehouse management system (WMS). Additionally, reducing the physical wear and tear on warehouse machinery is another aspect of increasing the ROI through a WMS.

Supply Chain Planning Software 90

Supply Chain Planning Software Optimization Software Inventory Reduction Cost Reduction 90

GlobalTranz

JANUARY 17, 2017

The use of predictive analytics has the potential to dramatically reduce expenses in the manufacturing sector, particularly with respect to proactive machine maintenance. This reduces overhead while reducing costs and issues experienced by the consumers. Predictive Analytics Became Commonplace to Manufacturing.

Manufacturing Procurement 82

Manufacturing Procurement Procurement Analytics Expense Reduction Material Savings 82

Freightos

APRIL 27, 2023

The article presents findings from a survey conducted across over 200 global supply chain professionals to highlight how the pandemic has increased the need for freight market intelligence and how it continues to be relevant even as supply chain issues resolve. On the one hand, it’s mission critical. And even getting that data is hard.

Data 62

Data Freight Optimal Sourcing Supply Chain Software 62

GlobalTranz

JULY 24, 2018

According to a survey conducted by The Manufacturing Institute and Deloitte Consulting LLP , approximately 22% of skilled manufacturing workers (almost 2.7 It’s not enough for them to simply implement the technology into their products and service – there needs to be a strategy. GET YOUR FREE WHITE PAPER. DOWNLOAD WHITE PAPER.

Inventory Reduction 71

Inventory Reduction Material Savings Expense Reduction Cost Reduction 71

GlobalTranz

JUNE 29, 2017

In order to reduce the likelihood of inaccuracies, it is vital to implement extra measures like adding picture capture, GPS location and time stamps to recorded events. There are no old surveys to throw out or extra printing costs. And certainly, no one left using an old version of the survey. Solution: REAL TIME DATA.

Data 77

Data Waste Reduction Sourcing Strategies Expense Reduction 77

Logistics Bureau

SEPTEMBER 26, 2018

If you were to tell me that your company had never looked at its supply chain costs and sought to deliver reductions, I would be mightily surprised. On the other hand, if you told me your company hasn’t been able to sustain any progress in supply chain cost reduction, I wouldn’t be surprised at all.

Cost Reduction 85

Cost Reduction Inventory Reduction Expense Reduction Price Reduction 85

GlobalTranz

MARCH 9, 2015

The costs of logistics and inventory are decreasing, contract renewal rate for logistics outsourcing remains good, and the emergence of cutting-edge technologies like 3D printing, drone delivery and augmented reality is opening up a wide vista of opportunities. Similarly, driverless vehicles will cut the costs associated with the driver.

Outsourcing 96

Outsourcing Logistics Network Optimization Software Supply Chain Design Software Optimization Software 96

Freightos

MARCH 17, 2019

So we asked them by conducting a survey in November 2018. This strategy is already used by US companies on $100 billion worth of product s such as oil, corn, gold – even dry bulk shipping. It cuts the must-lose dynamic of a fixed-price contract, as neither side is bound to lose when the market price changes.

Optimal Sourcing 48

Optimal Sourcing Procurement Price Reduction Freight 48

Material Handling and Logistics

JANUARY 10, 2018

The emergence of IoT is an amazing thing for supply chain executives – and especially exciting as the enabling technology is becoming less expensive and more readily available, meaning that deployments are possible now. The promise of IoT is disrupting all industries – and it seems like the future is bright.

Supply Chain Design Software 144

Supply Chain Design Software Supply Chain Software Supply Chain Design Supply Chains 144

Locus

DECEMBER 22, 2021

As the majority of customers want fast and free shipping, companies are finding it difficult to plan the most expensive and time-consuming part of the delivery process. 2022 is cut out for the logistics industry to not just recruit new drivers but also retain the existing drivers. billion in 2022, an increase of 16.9%

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software Optimal Sourcing 52

Trinity Logistics

SEPTEMBER 27, 2021

In contrast, others find that outsourcing their transportation gives them better insight into the market while reducing costs and creating efficiencies. First, there are the upfront capital expenses, which can be expensive when starting out. So, which is better? Private fleets or outsourced logistics? CUSTOMER SERVICE.

Outsourcing 87

Outsourcing Logistics Network Optimization Software Cost Reduction Supply Chain Planning Software 87

Logistics Bureau

MAY 24, 2019

If you were to tell me that your company had never looked at its supply chain costs and sought to deliver reductions, I would be mightily surprised. On the other hand, if you told me your company hasn’t been able to sustain any progress in supply chain cost reduction, I wouldn’t be surprised at all.

Cost Reduction 65

Cost Reduction Inventory Reduction Expense Reduction Price Reduction 65

WorkWave

SEPTEMBER 14, 2022

This reduces your workload and provides more immediate results for your clients, improving overall customer satisfaction. This not only ensures that you are making and receiving payments on time, but it also provides a handy tool to help you accurately track your income and expenses, which can simplify tax season. Cybersecurity.

Optimization Software 52

Optimization Software Material Savings Resource Reduction Expense Reduction 52

Locus

DECEMBER 15, 2022

A survey predicts that e-commerce sales in India will hit the $100 billion mark for the first time in 2023. To solve the delivery exceptions or reduce it, it is necessary to know the reasons. Also, every additional time your vehicle is run to deliver the same order gets added to the expenses. Manual Processes.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Planning Software Purchasing Skills Procurement Analytics 52

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. It is important to utilize both primary research and secondary research to diversify data. Evaluate Yourself.

Tips 52

Tips Purchasing Skills Sourcing Strategies How To 52

GlobalTranz

DECEMBER 17, 2014

These myths obscure and mislead: among them are the misconceptions that EDI is expensive, complicated and not worth the investment. Myth: It’s Too Expensive. In addition to opening new business opportunities, EDI integration reduces the risk of chargebacks. Additionally, companies continue to depend on EDI.

Supply Chain Software 93

Supply Chain Software Sourcing Strategies Expense Reduction Cost Reduction 93

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. days based on the survey’s findings, continuing a downward trend over the past few years, with 2016 at 4.8 In 2018, the maximum allowable delivery time for free shipping was 4.1

Expense Reduction 28

Expense Reduction Cost Reduction Price Reduction Material Savings 28

Logistics Viewpoints

JANUARY 31, 2023

Organizations will be pressured to reduce costs and do more with less. In a soon-to-be-published survey conducted by Coupa Software, European supply chain leaders cited the ongoing geopolitical conflict in Ukraine as a major concern. As the U.S. are experiencing these pressures, China will pick up some slack.

Supply Chain Software 127

Supply Chain Software Supply Chains Optimal Sourcing Optimization Software 127

Conger

JULY 30, 2021

Top challenges and the steps for adopting an omnichannel distribution strategy. 4 Steps for Adapting to an Omnichannel Distribution Strategy. To reiterate, an omnichannel strategy will integrate each of these channels. That said, they are different in a key way: How central the customer is to the strategy. Improved Sales.

Inventory Reduction 52

Inventory Reduction Distribution Vendor Strategies Waste Reduction 52

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. Stat 4: 74% of 1,000 consumers surveyed said they’d experienced a product or service problem in the past year.

Purchasing Skills 52

Purchasing Skills Procurement Solutions Supply Chain Design Software eCommerce 52