Logistics Viewpoints

DECEMBER 1, 2023

million shoppers hit the stores and the internet to capitalize on Black Friday and Cyber Monday deals, according to a survey by the National Retail Federation. The top gifts were clothes and accessories, which about half of those surveyed purchased, and toys, which nearly a third of people surveyed bought.

Supply Chain Planning Software 139

Supply Chain Planning Software Cost Reduction Logistics Network Optimization Software Food and Agriculture 139

Talking Logistics

MARCH 26, 2019

As the evolution of retail and the way consumers purchase goods continues to change, meeting the challenge to effectively serve both consumers and retailers is a strategic challenge for both shippers and carriers. Two-day shipping has become the norm; consumers expect fast, free shipping for their purchases once they place an order.

Vendor Strategies 85

Vendor Strategies Resource Reduction Cost Reduction Price Reduction 85

Logistics Business Magazine

AUGUST 11, 2023

Even though many ecommerce merchants use data-backed buying personas, that provide insight into the purchasing decisions of their customers, many are only truly starting to get to grips with the next part associated with buying personas – and that is appreciating that consumers have delivery personas too. What about Millennials and Boomers?

Groups 60

Groups eCommerce Purchasing Skills Procurement Analytics 60

Logistics Business Magazine

AUGUST 2, 2023

(NYSE: IOT), a pioneer of the Connected Operations Cloud, today announced new research, revealing that over half (55%) of physical operations leaders surveyed in the UK and Ireland could have a hybrid or electric fleet by 2025, rising from 42% currently. Another obstacle for many (46%) is the cost of electrifying their fleet.

Survey 58

Survey Procurement Analytics Cost Reduction Purchasing Skills 58

Logistics Viewpoints

JANUARY 26, 2021

The hyper-focus on meeting customer expectations is also creating pressures upstream in the supply chain, as manufacturers extend visibility and collaboration beyond their own walls to avoid any disruptions. To meet customers’ growing expectations for personalized offerings, the typical company’s product lines have grown exponentially.

Supply Chain Software 161

Supply Chain Software Supply Chain Planning Software Definition Supply Chains 161

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. In order to meet customer needs, retailers need to understand their customers’ expectations better. What a customer wanted to purchase from one location but had to travel elsewhere to get becomes important to understand.

Inventory Reduction 167

Inventory Reduction Inventory Survey Supply Chain Software 167

Locus

AUGUST 7, 2023

If we consider the average cost of a new car in the United States was approximately $40,000 in 2021, this increase is equivalent to almost 4 billion new cars. Whether a budding startup or a well-established enterprise, adapting to technological shifts has become non-negotiable. billion in 2021, and is expected to reach $288.87

Negotiating Skills 52

Negotiating Skills Cost Reduction Digital Expense Reduction 52

TransAudit

MARCH 15, 2023

Early 2022 was a time of incredibly high trucking demand and prices to match. In general, spot prices have been falling for several months in a row. The cost is still lower than it was a few months ago — $2.42 That’s a large number, but it’s still not quite enough to meet demand. in February compared to January.

Industry 67

Industry Trucking Purchasing Skills Trends 67

FreightWaves SONAR

FEBRUARY 11, 2021

As reported by DC Velocity , “the 2020 Fleet Advantage Industry Benchmark Survey noted, “11% of transportation fleets estimate they have saved more than $1 million in crash avoidance by upgrading to newer trucks with advanced safety features.” Financial insight feeds into equipment purchasing decisions. Download the White Paper.

Procurement Analytics 98

Procurement Analytics Trucking Optimization Software Operations 98

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. Be sure any technology you implement is likely to allow you to meet unforeseen needs.

Optimal Sourcing 166

Optimal Sourcing Procurement Solutions Procurement Analytics Procurement 166

SYSPRO Smarter ERP

MARCH 21, 2022

Unless manufacturers change, they will find that their ability to forecast demand, and determine what to do to meet it, will be challenging. Supply chain management (SCM) systems help businesses to manage the flow of goods and services right from the sourcing of raw materials, to delivering finished goods to the customer.

Manufacturing Procurement 116

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

GlobalTranz

APRIL 5, 2016

However, the economy is on the mend, and the need for immediate cost savings and lean solutions is starting to take the backburner to how 3PL Logistics Companies could benefit shippers through long-term relationships. The needs of yesteryear-clients were quite simple: get costs under control quickly.

Negotiating Skills 55

Negotiating Skills Logistics Network Optimization Software 3PL Purchasing Skills 55

Logistics Viewpoints

MARCH 6, 2023

GEON Performance Solutions purchases plastic pellets and add plastic compounders to make products of different strength, resilience, and flexibility. The simplified assumptions allow companies “to manage margins, supply chain costs, and inventories”, but “it does not enable them to manage enterprise costs, profit, and working capital.”

Supply Chain Planning Software 141

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

GlobalTranz

OCTOBER 11, 2018

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. Up to 62 percent want to purchase online and have the option of returning it in-store, and 47 percent want promotions and coupons available through their smartphone.

Inventory Reduction 74

Inventory Reduction Price Reduction Cost Reduction Supply Chains 74

FreightWaves SONAR

JUNE 1, 2023

At its annual Investment Community Meeting in April in Tampa, Florida, Walmart’s management team took the opportunity to lay out an ambitious transformation of its supply chain. As management reminded Wall Street at its Investment Community Meeting down in Tampa: Everyday Low Prices are only enabled by Everyday Low Costs.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Negotiating Skills Supply Chains 52

GoShip Blog

APRIL 22, 2022

When demand forecasting steps into the game, it allows retailers to meet their customers’ needs. You can invest saved costs into more wanted products or launch a new line. According to statistics, about 80% of customers prioritize personalized service when purchasing. the change in prices or technological advances ).

Supply Chain Planning Software 40

Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software Supply Chains 40

Logistics Business Magazine

JANUARY 18, 2023

Following the Covid-19 pandemic, 91% of consumers reported to taking the supply chain into consideration when making a purchase, an increase from just 45% before 2020, according to an Oracle survey. Instawork’s 2022 survey, found that 73% of warehouse operators couldn’t find enough labour.

Supply Chain Software 64

Supply Chain Software Supply Chain Planning Software Supply Chains Scenario Planning 64

Locus

OCTOBER 7, 2022

A consumer survey showed that 55% of consumers will switch their retail brands if they find their delivery times are too slow. It also showed that 80% of consumers are willing to pay higher prices for same-day deliveries. Holistically consider the costs. We spread that maintenance cost across hundreds of customers.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Procurement Solutions Eliminating Excel in Purchasing Supply Chain Software 52

Logistics Viewpoints

OCTOBER 19, 2023

As supply chains have grown in complexity and length, siloed thinking and processes are no longer able to meet this objective. Even if this retailer had used AI to forecast my purchase, AI that creates a perfect plan but fails to execute it only results in a highly-efficient silo, as Northeastern University professor Nada Sanders says.

Supply Chain Planning Software 135

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 135

Blue Grace Logistics

JUNE 24, 2021

Increasing lead times, costs, and delays resulted in significant problems together with port congestion, capacity availability, and container shortage. Increasing lead times, costs, and delays resulted in significant problems together with port congestion, capacity availability, and container shortage. Optimization. Dynamic Management.

Manufacturing Procurement 62

Manufacturing Procurement Optimal Sourcing Supply Chain Planning Software Supply Chain Software 62

GlobalTranz

APRIL 6, 2021

Supply chain disruption has many sources: tariffs and trade disputes, natural disasters, pandemics, economic uncertainty and cybersecurity attacks. Broadline food distributors learned how to price restaurant-quality meat in family-sized packages and coordinate curbside pickup. Does any of that sound like the past two years or so?

Supply Chain Planning Software 75

Supply Chain Planning Software Supply Chain Software Supply Chains Manufacturing Procurement 75

Ship Monk

JUNE 6, 2022

Method #1: Client Satisfaction Surveys. Build satisfaction surveys into your website and/or trigger emails to capture first, second, and third impressions from your customers. Make sure your survey questions get to the “why.” You will not get a response from every (or even most) of your customers, but every response is valuable.

eCommerce 59

eCommerce Maintainability Supply Chain Software Logistics Network Optimization Software 59

GoShip Blog

JULY 7, 2022

According to a survey by Gatepoint Research, 40% of retailers plan to focus on this as one of their key priorities for 2022. As more online shoppers have started to purchase same-day delivery, the demand for it has continued to increase. Don’t Be Afraid of Price Hikes. The growing trend of same-day delivery.

Optimal Sourcing 52

Optimal Sourcing Optimization Software eCommerce Tips 52

FreightWaves SONAR

JULY 10, 2023

This includes sourcing materials, working with vendors, managing warehouses and transportation, and coordinating with retailers to ensure they can meet the changing demands of consumers while remaining profitable. The company’s survey of Fortune 100 companies showed that 77% have implemented hybrid work schedules.

Data 52

Data Supply Chain Planning Software Manufacturing Procurement Supply Chain Software 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. In 2014, a survey by Tompkins Consortium delivered a shocking revelation. Built strategic partnerships with vendors to drive down prices. Supply Chain Strategy.

Supply Chain Design Software 118

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

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. Built strategic partnerships with vendors to drive down prices. Supply Chain Strategy.

Supply Chain Design Software 122

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

Material Handling and Logistics

JULY 29, 2018

Retailers such as Walmart have rigorous standards and will only purchase from suppliers who meet these standards. 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. Reducing energy costs often reduces GHG emission.

Sourcing Strategies 133

Sourcing Strategies Cost Reduction Price Reduction Efficiency 133

Logistics Viewpoints

NOVEMBER 18, 2021

Expectations for short delivery times, 100% fulfillment accuracy, and large product selection and availability have become a key deciding factor on which customers make their purchase decisions. The time spent navigating a warehouse can account for more than 30% of the total cost of labor. Five fast start opportunities for AI.

Optimization Software 153

Optimization Software Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software 153

Freightos

NOVEMBER 21, 2018

For many shippers, air freight wins out on speed and convenience and FCL (full container load) seems a better deal on cost. Air freight’s reputation of convenience, ready availability and reasonable pricing took a hit last peak season when demand outstripped supply. The Man In The Middle. The results have been poor.

Purchasing Skills 48

Purchasing Skills Procurement Solutions Supply Chain Software Price Reduction 48

World Food Programme Logistics

MAY 8, 2020

More than 30,000 people living in Bashudepur village in the district of Rajshahi are struggling to meet their basic needs. Right: Fish, a popular source of protein, and potatoes. Malnutrition is estimated to cost Bangladesh more than U S$1bn every year in lost productivity. She is not alone. these figures are rising. “We

Purchasing Skills 52

Purchasing Skills Supply Chain Planning Software Vendor Strategies Price Reduction 52

Logistics Viewpoints

MARCH 3, 2023

And while this definitely points to an industry making strides, a recent Procurious survey found that 75 percent of women in supply chain experience gender-based adversity. The result is a reduction in pre-assembly from 30 to 10 days, in delivery times by up to 10 weeks, and overall production costs by 20 to 25 percent.

Supply Chain Planning Software 120

Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Design Software Supply Chain Software 120

Morai Logistics

OCTOBER 18, 2018

In fact, a staggering 88% of consumers who participated in the 2018 Global Consumer Insights Survey , confirmed they would pay more for ‘same-day or faster delivery’. Omni-channel retailing has also given customers the ability to purchase product across a variety of platforms and devices. Brand Loyalty.

Logistics Network Optimization Software 74

Logistics Network Optimization Software Manufacturing Procurement Procurement Solutions Logistics 74

Logistics Viewpoints

MAY 10, 2022

with one of the highest costs of living. To make ends meet, many colleagues also worked second jobs. This solution significantly reduced shipping costs by eliminating wasted cardboard and dunnage. Survey your users to avoid unseen pitfalls and make sure you’re actually purchasing a solution that provides a good user experience.

Vendor Strategies 109

Vendor Strategies Waste Reduction Cost Reduction Optimization Software 109

Blue Grace Logistics

JULY 27, 2021

51% of the respondents in a global Reuters survey felt that the most perplexing challenge is the unpredictable nature of consumer demand. The drivers for growth are not simple factors like the price or quality of a product. It gives prompts to refill regular purchases into the cart and aligns your feed in line with your search history.

Procurement Analytics 62

Procurement Analytics Supply Chain Planning Software Supply Chain Software Supply Chain Design Software 62

Logistics Business Magazine

SEPTEMBER 23, 2021

Descartes Systems Group , a global leader in uniting logistics-intensive businesses in commerce, has published the findings of its Consumer Online Delivery Research, which set out to assess consumers’ online purchasing experiences across Europe. What is the strategy for managing spiralling delivery costs and optimising driver time?

Cost Reduction 65

Cost Reduction Procurement Analytics Purchasing Skills Purchasing 65

Bringg

NOVEMBER 22, 2018

Retailers are under increasing pressure to adopt an omnichannel selling strategy that meets consumers’ convenience needs, both online and offline. A new Digital Grocery Survey released this week found that 44% of Americans plan to purchase groceries online this holiday season, up from 20% last year.

Purchasing Skills 48

Purchasing Skills Price Reduction Survey Purchasing 48

GlobalTranz

DECEMBER 18, 2014

All metal fabricators realize that they have to do some analyses before the company purchases equipmen t or hires new people, but now there seems to be a new intensity about the process. Fabricators now are trying to be fast enough to meet any and all customer needs whenever they crop up. The keyword here is fast.

Manufacturing Procurement 94

Manufacturing Procurement Tips Purchasing Skills Sourcing Strategies 94