The Logistics of Logistics

DECEMBER 6, 2021

Lauren is a seasoned maritime attorney and the founder of Squall Strategies , a boutique maritime consulting and legal solutions company and offers a wide range of consulting services to serve a variety of businesses and clients. Beagen is a seasoned maritime attorney and the founder of Squall Strategies, LLC. About Squall Strategies.

Inventory Reduction 195

Inventory Reduction Material Savings Maritime Supply Chain Software 195

Locus

MAY 25, 2022

Here are seven key strategies that they have used to make it happen. But today, nothing can be more heartbreaking to a customer than a business breaking its delivery promise on their prized purchases. It gives them an experience of the product before purchasing. Use advanced route planning to achieve on-time delivery.

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Logistics Bureau

SEPTEMBER 4, 2023

Potential Factors in Declining Margins To get to the root of the problem, understanding the costs of production or purchasing will be a necessary starting point, but typically, more information will be needed. Some customers are very good at finding loopholes to reduce their purchasing costs.

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Negotiating Skills Purchasing Skills Cost Reduction Analysis 89

Logistics Business Magazine

OCTOBER 12, 2022

Second, the pandemic kicked online buying and home delivery into “high gear” as many consumers embraced its convenience and dramatically expanded the scope of their online purchasing. That’s exactly what the recent study “Retailers: Sustainability is Not a Challenge, It’s an Opportunity” concluded.

Eliminating Excel in Purchasing 70

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Bringg

SEPTEMBER 20, 2018

Last week, Dotcom Distribution launched their annual eCommerce study. Looking at the survey results, 90% said that they highly value free returns when making online purchases; and 91% say free shipping influences future purchases. The most popular categories purchased online remain consistent from the last report.

eCommerce 101

eCommerce Procurement Analytics Survey Purchasing 101

Logistics Viewpoints

APRIL 21, 2022

On one hand, consumers expect to increase their online purchases post-pandemic. In the study on home delivery consumer sentiment, consumers stated that, during the pandemic, the portion of all purchases made online that required home delivery went from 35% to 46%. What’s your home delivery excellence strategy?

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WorkWave

FEBRUARY 9, 2024

One effective strategy that’s been gaining traction is price bundling. Also known as packaged pricing, this strategy involves bundling various services together and charging one price. Bundled services are usually cheaper than if customers were to purchase each service individually. What are their most common needs?

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Price Reduction Purchasing Skills Tips Procurement Solutions 52

Logistics Viewpoints

APRIL 26, 2022

As more consumers flock to e-commerce, purchasing big & bulky goods such as furniture, appliances, and wholesale electronics online is becoming more common. A Statista study found that in 2020, the furniture and appliance e-commerce global market volume was $383.2B. How do deliveries impact consumer experience?

Supply Chain Planning Software 114

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Logistics Bureau

DECEMBER 9, 2020

For instance, the Chief Procurement Officer will lead the sourcing process, develop the procurement strategy, identify potential suppliers, and manage short and long terms goals. Then we get the Project Procurement Manager, who is responsible for communicating with suppliers concerning the purchase of commodities, equipment, and services.

Manufacturing Procurement 118

Manufacturing Procurement Procurement Analytics Procurement Purchasing Skills 118

Logistics Bureau

MAY 30, 2022

Our three pillars (or fundamentals) of great supply chain management excellence are strategy, service, and cost. Aligning strategy, service, and financial factors in your supply chain operation is essential to support your company’s overall business strategy , mission, and objectives. The Importance of Alignment.

Inventory Reduction 112

Inventory Reduction Cost Reduction Price Reduction Supply Chain Planning Software 112

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 91

eCommerce Trends Optimization Software Optimal Sourcing 91

Logistics Viewpoints

DECEMBER 1, 2022

Theme 2: Online buying will fuel home delivery growth, challenges and new strategies. In the same ecommerce study, over 72% of consumers experienced a delivery failure over a three-month period. Somewhat nailed it. Theme 3: The Great Resignation will accelerate the existing driver exodus, increasing the focus on retention.

Cost Reduction 119

Cost Reduction Resource Reduction Supply Chain Planning Software Logistics Network Optimization Software 119

Logistics at MPEPS at UPV

MAY 9, 2023

Their business model is based on ‘Low cost’, for doing this, they use a series of strategies such as using only one type of aircraft, the Boeing 737, so all their pilots can fly all the aircrafts, also the maintenance is the same, therefore the costs are reduced.

Cost Reduction 52

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Logistics Viewpoints

JUNE 8, 2023

Studies show that 88% of consumers have abandoned online shopping carts due to unsatisfactory delivery terms, and 85% of customers will not shop with a retailer again after a poor delivery experience. Purchasing technology from a vendor can be a complex task, especially when it comes to estimating costs.

Modeling Software 122

Modeling Software Optimization Software Supply Chain Design Software Logistics Network Optimization Software 122

SYSPRO Smarter ERP

NOVEMBER 1, 2021

Industries are facing the need to plan new strategies and invest more in technology to gain a stronger foothold. We live in a time where we can purchase almost anything with a click of a button. With the rise of digital transformation manufacturers can use ERP to implement their e-commerce strategies.

Manufacturing Procurement 111

Manufacturing Procurement Supply Chain Planning Software Optimal Sourcing Inventory Reduction 111

World Food Programme Logistics

MARCH 1, 2019

Eat, grow, study: School feeding in Africa Political will and commitment to school feeding in Africa is on the rise, with more governments supporting policy, legislation and financing School feeding is changing lives in Africa. Photo: WFP/Dixon This morning, 10-year-old Agnes is rushing to school on the outskirts of Porto-Novo, Benin.

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Study Food and Agriculture Government Sourcing Strategies 40

Logistics Business Magazine

NOVEMBER 8, 2023

In fact, according to Descartes’ 2023 consumer sentiment study on home delivery sustainability , a sizable 41% of respondents indicated they regularly or always make purchasing decisions based upon the product or company’s environmental impact. What is more, it’s no secret that freight transportation (i.e.,

Waste Reduction 56

Waste Reduction Cost Reduction Transportation Eliminating Excel in Purchasing 56

MTS Logistics

JUNE 26, 2023

High inflation erodes the purchasing power of consumers, both domestically and abroad, which can lead to reduced demand for exports. When inflation is high, production costs tend to increase, including labor, raw materials, and energy expenses. Inflation also influences exchange rates, which in turn affects export competitiveness.

Expense Reduction 79

Expense Reduction Price Reduction Purchasing Skills Material Savings 79

Talking Logistics

FEBRUARY 27, 2019

This allows customers to go to one place to purchase any of our services. The post The Role of TMS in a Logistics Partner’s Strategy and Value Proposition appeared first on Talking Logistics with Adrian Gonzalez. I encourage you to watch the full episode for all the details and highlights.

Vendor Strategies 60

Vendor Strategies Price Reduction Logistics Network Optimization Software Modeling Software 60

Ship Monk

APRIL 5, 2024

Of course, it wouldn’t be a business strategy if there weren’t a couple more acronyms to learn. A PricewaterhouseCoopers study showed that after negotiating a contract, an average of 25% of the savings were lost during the implementation process. If so, it might be worth paying a little more for their goods.

Negotiate Pricing 85

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GoShip Blog

APRIL 28, 2020

But there seems to be a secret key to keep getting loyal customers – even if their purchase didn’t satisfy them. Let’s take a look at some key takeaways from different studies: 69% of shoppers won’t buy from you again if they have to pay for returns. 66% of customers will review your returns policy before completing a purchase.

How To 52

How To Cost Reduction Purchasing Skills Purchasing 52

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. Ninety-six percent of Americans have made at least one online purchase and 51% of those surveyed say they prefer to shop online.

Vendor Strategies 85

Vendor Strategies Resource Reduction Cost Reduction Price Reduction 85

FreightWaves SONAR

MARCH 11, 2021

View the Full Case Study. However, added pressures on the industry led Big M Transportation’s leaders to reconsider their current pricing strategy. And that was what kick-started the purchase of SONAR, its implementation and the generation of results during the greatest peak season in history. View the Full Case Study.

Price Reduction 52

Price Reduction Purchasing Skills Case Study Transportation 52

GoShip Blog

MAY 20, 2022

Reorganizing your logistics strategy and cooperating with reliable carriers are a solution. Try to study your audience and understand the brand’s strengths. Analyze sales data and customer feedback to see what products generate active purchases. According to statistics, most customers prefer to make their purchases on the phone.

Material Savings 52

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Blue Grace Logistics

APRIL 18, 2023

90% of their raw materials are purchased from sustainably managed forests. As part of their Target Forward strategy, Target also commits to achieve 30% absolute reduction in supply chain emissions (scope 3) by 2030. Currently, 65% of packaging is designed to be recyclable or reusable – up from 62% in 2019.

Waste Reduction 62

Waste Reduction Supply Chain Design Resource Reduction Material Savings 62

GoShip Blog

DECEMBER 26, 2018

Customer experience is someone’s experience involving every interaction of a business and a customer, including pre-sale and after-purchase communication and experience. A recent study by American Express stated that 60% of customers would pay more money to get a better experience shopping. Why is it important to your business?

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GoShip Blog

FEBRUARY 2, 2023

Also, a 2017 study found that over 55% of Americans are loyal to brands with values that resonated with them. What Brand Values Influence Purchase Decisions? There is a worldwide increase in “belief-driven” buyers, who will alter their purchasing decisions based on the presence or absence of shared values with a company.

Sourcing Strategies 52

Sourcing Strategies How To Waste Reduction Eliminating Excel in Purchasing 52

3PL Insights

NOVEMBER 12, 2020

If you are a last-minute Christmas shopper, you may want to think of changing up your strategy this year. The global reverse logistics market is expected to grow to $603 billion by 2025, so developing a strong reverse logistics strategy is important.

Reverse logistics 52

Reverse logistics Manufacturing Procurement Logistics Network Optimization Software eCommerce 52

Ship Monk

SEPTEMBER 29, 2022

If you manage your own fulfillment, you’ll need to study data and inventory formulas from previous seasons and hire more packers while running your promotions to keep up with competitors. We even have a post-purchase suite to help customers if anything goes wrong with a shipment they receive. Study Data Closely.

eCommerce 52

eCommerce Inventory Reduction Supply Chain Planning Software Supply Chain Software 52

Logistics Business Magazine

FEBRUARY 18, 2024

However, a recent SOTI study revealed that underwhelming in-store device experiences and frustrations with deliveries and returns processes are tempering consumer excitement for AI, with just one in five British shoppers looking forward to its arrival in the retail market.

Supply Chain Planning Software 54

Supply Chain Planning Software Supply Chain Software Supply Chains Inventory Reduction 54

Ship Monk

DECEMBER 12, 2023

Strategy and precision around the holidays are as important to ecommerce store owners as lights and ornaments are to the pivotal pine tree. Ensure your brand is positioned to make customers happy with all their purchases, even the last-minute ones. Do you have the right, reliable shipping carrier for your needs?

Procurement Solutions 64

Procurement Solutions eCommerce Purchasing Skills Cost Reduction 64

Logistics Bureau

JANUARY 21, 2020

Aside from Amazon, some of the most effective online retailers in 2019, in the USA at least, were those that developed an ecommerce strategy leveraging their traditional, brick-and-mortar outlets. Smart inventory strategies have undoubtedly helped them in this regard, too, as well as some intelligent marketing initiatives.

Inventory Reduction 62

Inventory Reduction Cost Reduction Expense Reduction eCommerce 62

Conger

MARCH 22, 2024

The Benefits of Implementing AGVs in Your Operations Components and Types of AGVs AGV Navigation Technology Choosing the Right AGV Solution for Your Needs Ensuring Safety and Compliance in the Workplace Real-World Applications and Case Studies Overcoming Challenges with AGVs Conclusion Understanding Automated Guided Vehicles (AGVs) What is an AGV?

Materials Handling 79

Materials Handling Material Savings Supply Chain Software Cost Reduction 79

Logistics Viewpoints

JANUARY 26, 2021

This means supply chain and logistics professionals need to distinguish between more frequently purchased products and the slower-moving products customers are willing to wait for. 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.

Supply Chain Software 161

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Locus

AUGUST 7, 2023

As evidenced by 70% of companies either implementing or actively working on digital transformation strategies, it has become clear that digital solutions are not just value-additions but fundamental for survival. Informed decisions ensure that organizations develop a digitalization strategy that effectively combats tech obsolescence.

Negotiating Skills 52

Negotiating Skills Cost Reduction Digital Expense Reduction 52

Conger

MARCH 22, 2024

The Benefits of Implementing AGVs in Your Operations Components and Types of AGVs AGV Navigation Technology Choosing the Right AGV Solution for Your Needs Ensuring Safety and Compliance in the Workplace Real-World Applications and Case Studies Overcoming Challenges with AGVs Conclusion Understanding Automated Guided Vehicles (AGVs) What is an AGV?

Materials Handling 75

Materials Handling Material Savings Supply Chain Software Cost Reduction 75

Logistics Bureau

NOVEMBER 16, 2020

For example, a member of the sales team could apply to become a purchasing agent, based on her experience of negotiating sales deals. One study shows that one in three companies in the United States has jobs that are taking nine to 12 months to fill. Sea Change—A Supply Chain Career is now seen as ‘Cool’. Supply Chain Coordinator.

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