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The Power of Purchase Order Collaboration: A Game-Changer in Managing Direct Spend

Logistics Viewpoints

It is crucial for organizations to understand the importance of Purchase Order collaboration to effectively manage their direct spend, optimize operations, and mitigate risks. Direct spend can be a significant part of the Cost of Goods Sold for an organization.

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Managing the Realities of the “New Normal” LTL Shipping Environment

Blue Grace Logistics

Rising online purchases over the past few years have increased the need for LTL. Transportation rates have been rising over the last couple of years due to factors like the driver shortage, lack of equipment, a capacity crunch, and rising fuel costs. More than 67% of those surveyed experienced LTL cost increases of 5-14%.

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In Focus: 5 Factors To Consider On The “Build Vs Buy” Decision on Last-Mile Software Solution

Locus

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. To access the complete set of insights, view the webinar here: Watch the Webinar. It goes on and on.

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3PL Logistics Companies Up Services to Continue to Meet the Needs of Shippers

GlobalTranz

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.

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Using Predictive Analytics For Better Supply Chain Resilience

Blue Grace Logistics

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.

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[INFOGRAPHIC] Digital Disruption: Closing the Connectivity Gap in Manufacturing with Digital Operations

GlobalTranz

Armed with industry knowledge, technology savvy, and purchasing power, customers control the sales cycle. Now new markets are flexing their purchasing muscle. In this model, customers aren’t just purchasers – they define and create value. By 2025, emerging markets will constitute two-thirds of all global demand, as another 1.8

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What Drives an Investment in a Warehouse Management System? 5 Considerations for Your Selection

GlobalTranz

Transportation costs make up 60 percent of overall logistics expenses for all shippers and 3PLs. For these companies, the use of a dedicated transportation management system, such as Cerasis™ Rater , can be deployed to lower transportation costs across the entire supply chain. Implementation Costs.