GlobalTranz

OCTOBER 11, 2018

The importance of an omnichannel supply chain strategy cannot be overstated. According to Randy Strang of Supply Chain 24/7, a survey of the most important parts of a shopping experience found customers’ expectations are more than meets the eye. What’s Wrong With Omnichannel Supply Chain Strategy and Customer Service?

Inventory Reduction 74

Inventory Reduction Price Reduction Cost Reduction Supply Chains 74

Logistics Viewpoints

MAY 25, 2021

Though corporations are starting to pay attention to supply chain sustainability, less than half of those surveyed in the CSCMP report know how to make their processes more sustainable. This can be done through street turn matching, which reduces empty miles that generate significant carbon emissions. In the U.S.,

Supply Chain Planning Software 192

Supply Chain Planning Software Supply Chain Software Supply Chains Inventory Reduction 192

SYSPRO Smarter ERP

MAY 4, 2022

Complete halts result in backlogs and delays, which will impact warehouses and more importantly, their inventory management. Inventory takes many forms, ranging from raw materials to finished goods. Inventory exists because a buffer is needed to balance out the uncertainties between demand and supply. Survey findings.

Inventory Reduction 105

Inventory Reduction Inventory Supply Chain Planning Software Supply Chain Software 105

Shipping and Freight Resource

APRIL 14, 2021

With their inventories drawn down during the consumption frenzy, shippers continued to move freight over the China-US West Coast trade lane, ensuring tight capacity and continued vessel pileup at the ports. A report will be developed based on the survey responses and will be sent out to the respondents’ email addresses upon release.

Survey 90

Survey Cost Reduction Inventory Reduction Resource Reduction 90

WorkWave

JANUARY 18, 2021

There are many ways to measure your customer’s experience , including: Open communication; Using a voice-of-the-customer system; Surveys; Interpreting customer actions. Adapting to different scenarios, strategies, and technologies can help approach your business growth strategically.

Sourcing Strategies 98

Sourcing Strategies Inventory Reduction Tips Supply Chain Software 98

CLX Logistics

APRIL 22, 2024

Companies that have streamlined their supply chains experience a 15% reduction in supply chain costs, maintain inventory holdings below 50%, and achieve cash-to-cash cycles that are three times faster. [1] Inventory Management Balancing inventory levels is essential to avoid stockouts or excess stock.

Supply Chain Planning Software 83

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Scenario Planning 83

Logistics Viewpoints

FEBRUARY 2, 2024

The jobs reduction will save $1 billion this year, Tomé said on an earnings conference call with analysts on Tuesday. UPS is seeking alternative strategies for its truck brokerage business, which has seen sales plummet amid a freight recession marked by declining rates and over capacity. billion worth, the survey found.

Cost Reduction 140

Cost Reduction Inventory Reduction Manufacturing Procurement Logistics Network Optimization Software 140

Logistics Business Magazine

SEPTEMBER 27, 2023

Zebra Technologies Corporation today released the findings of its 2023 Global Warehousing Study, which confirmed 58% of warehouse decision-makers plan to deploy radio frequency identification (RFID) technology by 2028 which will help increase inventory visibility and reduce out-of-stocks.

Supply Chain Planning Software 63

Supply Chain Planning Software RFID Supply Chain Software Inventory Reduction 63

Blue Grace Logistics

JUNE 23, 2023

By analyzing revenue, inventory levels and orders, shippers can gain a comprehensive understanding of market dynamics and position themselves strategically for success. Q3 reveals a positive trend in anticipated revenue, with only a 4% decrease reported across all shippers surveyed. Inventory optimization.

Resource Reduction 90

Resource Reduction Inventory Reduction Logistics Network Optimization Software Cost Reduction 90

Stord

JANUARY 21, 2020

Wednesday, January 22, 2020 AI Investment Reported to Reduce Supply Chain Costs A survey conducted by McKinsey and Company reported that 61% of survey respondents saw a reduction in supply chain planning costs as a result of using artificial intelligence. Public Warehousing Market Expected to Grow by $37.2B

Inventory Reduction 78

Inventory Reduction Cost Reduction Supply Chain Planning Software Network Optimization Software 78

Blue Grace Logistics

DECEMBER 11, 2023

-based non-asset-based 3PL BlueGrace Logistics presented a mixed outlook, regarding things like revenue outlooks and inventory rebuilding, heading into 2024. Current demand is high enough to reduce some inventory and therefore lead to some add backs in Q1 2024,” he said. This also supports an inventory rebuilding environment.”

Inventory Reduction 77

Inventory Reduction Optimization Software Optimization Resource Reduction 77

CH Robinson Logistics

MARCH 12, 2020

Using technology to drive strategy and improve performance—and ultimately create financial value—is top of mind for shippers today managing complex global supply chains. In our own survey of 3,000 shippers, over 60% of technology decision-makers said they desire improvements in visibility.

Supply Chain Design Software 62

Supply Chain Design Software Supply Chain Planning Software Vendor Strategies Inventory Reduction 62

SYSPRO Smarter ERP

JANUARY 31, 2022

We recently surveyed CFOs and finance executives in the manufacturing and distribution sectors to study how the pandemic has impacted their businesses. 2. Managing working capital, cash flow, and inventory costs. investments), cash flow, and rising inventory costs rank as the second-highest CFO priority for 2022.

Inventory Reduction 105

Inventory Reduction Cost Reduction Logistics Network Optimization Software Supply Chain Software 105

Logistics Viewpoints

MARCH 25, 2021

Global trade regulations and conflicts, as well as tariff threats as a political tool, could cut off sources and markets and push your business plan into the red. Your transportation consultant can help develop response strategies to ensure your supply chain continues to operate while the problem is addressed.

Supply Chain Planning Software 185

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 185

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. 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 122

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

Logistics Viewpoints

AUGUST 8, 2023

Let’s explore some of the impacts, good and bad, this new way of doing business has had and some specific considerations if you are looking at implementing a more specific strategy around it in your plans. In some cases, employers are able to increase wages while actually reducing total labor costs. What’s driving the move to gig work?

Optimization Software 125

Optimization Software Modeling Software Logistics Network Optimization Software Cost Reduction 125

Turvo

OCTOBER 14, 2021

Let us check out some strategies you can deploy to decrease the driver churn rate for your trucking business. Strategies to reduce driver churn rates in the trucking industry. Use surveys to find out how you might improve your employees’ working conditions. Recognize when an employee performs really well at a task.

Inventory Reduction 75

Inventory Reduction Cost Reduction Trucking Logistics Network Optimization Software 75

EazyStock

JULY 20, 2020

Inventory is the biggest entry in the balance sheet of many distribution companies and fast deliveries are becoming increasingly important in today’s digital world – especially as an increasing number of people are working remotely. Here are some ways technology can help you simplify inventory management.

Optimization Software 52

Optimization Software Supply Chain Planning Software Supply Chain Software Inventory Reduction 52

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

Freightos

JANUARY 15, 2024

This optimism is buoyed by the fact that 55% of importers have their inventories in check, anticipating a stronger freight demand in the coming year. Navigating the Storm: Strategies for SMB Importers in 2024 There is no golden ticket for solving these challenges.

Negotiating Skills 115

Negotiating Skills Optimal Sourcing Price Reduction Cost Reduction 115

Logistics Viewpoints

MARCH 2, 2023

Freight rates have plummeted, brokerages are struggling, and the industry is still bloated with excess inventory. HBR also cites technology’s ability to cut costs and to make “companies more agile and therefore better able to handle […] uncertainty and rapid change.” Reduced working capital. Faster order-to-cash.

Waste Reduction 118

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

GlobalTranz

MARCH 17, 2022

The manufacturing industry faces many challenges, such as a skilled labor shortage, supply chain instability, and inventory management issues. GlobalTranz works with manufacturing shippers every day to move their goods and streamline their logistics strategies. Supply Chain Management and Maintaining Inventory.

Supply Chain Planning Software 98

Supply Chain Planning Software Inventory Reduction Logistics Network Optimization Software Supply Chain Software 98

The Logistics of Logistics

SEPTEMBER 12, 2020

He was recognized as the undergraduate faculty member who had the greatest impact on students based on the 2017 graduating senior survey. The department educates students to succeed in careers such as procurement, manufacturing, inventory management, warehousing, transportation, and customer service. Manufacturing strategies.

Supply Chain Design Software 195

Supply Chain Design Software Supply Chain Design Supply Chain Software Supply Chains 195

Logistics Viewpoints

SEPTEMBER 16, 2021

Disruption has been the name of the game for more than a year as supply chain leaders have been dealing with changing buyer behaviors, inventory management challenges, labor shortages, weather and pandemic-related uncertainty, cyber security threats and capacity constraints that continue to create significant supply chain volatility.

Supply Chain Design Software 129

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 129

CLX Logistics

MARCH 4, 2024

Companies that have streamlined their supply chains experience a 15% reduction in supply chain costs, maintain inventory holdings below 50%, and achieve cash-to-cash cycles that are three times faster. [1] Inventory Management Balancing inventory levels is essential to avoid stockouts or excess stock.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Scenario Planning 52

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

Supply Chain Brain

AUGUST 21, 2020

What does best-in-class forecasting and inventory management look like? Now in its ninth year, E2open’s 2019 Forecasting and Inventory Benchmark Study is the most consistent, comprehensive and useful study of its kind.

Inventory Reduction 40

Inventory Reduction Study Inventory Optimal Sourcing 40

The Logistics of Logistics

JUNE 23, 2022

In addition, retailers are struggling to move inventory initially ordered in the first quarter of 2022 to make way for back-to-school and holiday merchandise. The survey also found that although many companies have arranged international shipments early this year, most continue to rely on the spot freight market to move goods.”.

Supply Chain Planning Software 357

Supply Chain Planning Software Scenario Planning Cost Reduction Material Savings 357

Logistics Viewpoints

JUNE 16, 2022

According to a survey by Gatepoint Research, 40% of retailers are focusing on this as one of their 2022 priorities. Step One: Right Inventory in the Right Location. To provide this service, inventory must be close to the customer therefore stores are fast becoming a key part of the digital experience.

Inventory Reduction 167

Inventory Reduction Inventory Survey Supply Chain Software 167

MTS Logistics

NOVEMBER 27, 2023

High inventories and reduced consumer spending are key contributors to this pessimistic outlook. Even though the trucking sector might face a bit of a slump, with lower expectations for orders and potentially reduced revenue during the holiday season, there’s still some uncertainty about what’s going to happen.

Price Reduction 81

Price Reduction Inventory Reduction Cost Reduction Industry 81

Blue Grace Logistics

MARCH 20, 2023

Shipper's Guide to Planning Ahead Show Submenu Resources The Logistics Blog® News Press Whitepaper Case Study Webinars Indexes Search Search BlueGrace Logistics - March 20, 2023 Data shows there is a consensus that revenue will increase and inventory levels will build. This was seen in the survey.

Supply Chain Planning Software 62

Supply Chain Planning Software Scenario Planning Inventory Reduction Resource Reduction 62

Logistics Business Magazine

SEPTEMBER 5, 2023

Europe leads this trend having reduced offshore procurement by a quarter since 2021. This is followed by APAC and the US who have reduced offshore sourcing by 20% and 18% respectively. Of those surveyed, 70% said the majority of supply is currently being obtained from China, Taiwan, Japan, and Korea.

Supply Chain Software 62

Supply Chain Software Supply Chains Inventory Reduction Material Savings 62

EazyStock

JUNE 21, 2022

Many more traditional supply chain strategies originated in a steadier business environment. Predictable business cycles and stable demand allowed supply chain professionals to focus less on solving challenges and more on cost reductions. It also reduces costs associated with managing and maintaining IT systems in the long run.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Optimization Software Modeling Software 52

CH Robinson Logistics

NOVEMBER 4, 2021

In a recent global survey conducted by our team, shippers reported congestion and capacity as their main pain points in today’s ocean environment. In the following, I’ll share where we’ve seen shippers find success through LCL and why you should consider it if it’s not already a part of your shipping strategy. Cost savings.

Inventory Reduction 86

Inventory Reduction Global logistics Cost Reduction Logistics Network Optimization Software 86

GlobalTranz

OCTOBER 25, 2017

Inventory tracking is among the top areas most impacted by omnichannel supply chain strategies, and consumer spending habits are forcing inventory tracking technology to evolve, making sure consumers can get the products they want, through the media and channels they want, and at the prices they want.

Inventory Reduction 50

Inventory Reduction Supply Chain Planning Software Supply Chain Design Software Optimization Software 50

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

3PL Links

DECEMBER 28, 2023

The system eliminates middlemen and streamlines the freight booking process by automatically matching truck drivers with available loads through the use of algorithms. Marketplace : Third-party sellers can interface their inventory, pricing, and order processing systems with the Amazon platform by using APIs provided by Amazon Marketplace.

Supply Chain Planning Software 48

Supply Chain Planning Software Supply Chain Software Sourcing Strategies Trends 48