Ship Monk

APRIL 16, 2024

Common Types of Ecommerce Fraud As ecommerce sales have soared, cyber crime has followed. As a result, the ecommerce business has lost the product and the revenue from the sale, plus associated fulfillment costs, shipping costs, and chargeback fees. Here are some of the most common types of ecommerce fraud.

eCommerce 105

eCommerce Modeling Software How To Procurement Solutions 105

GlobalTranz

SEPTEMBER 1, 2015

After working in the transportation and logistics industry for a while, and using the same carriers, shippers may want to use historical truck carrier rate figures to build their budgets. You Have A Good Amount Of Historical Data. Learning how to take full advantage of a TMS allows shippers to glean insights from their historical data.

Data 92

Data Scenario Planning Trucking Price Reduction 92

SYSPRO Smarter ERP

JANUARY 9, 2023

Manufacturers increasingly turning to data and analytics, from an ERP system, to support business initiatives. Data is after all the fuel that runs the Fourth Industrial Revolution. Challenges to using data. Many manufacturers are data-rich but when it comes to using it they are insight-poor.

Manufacturing Procurement 111

Manufacturing Procurement ERP Data Logistics Network Optimization Software 111

The Logistics of Logistics

APRIL 22, 2021

Adam founded the company after spending time at OOCL, under the tutelage of their CEO and CIO in Hong Kong. ClearMetal’s three central premises : It’s not about the metal; it’s about the data. Data and accuracy. Even though data about location exists, in many cases, it lacks accuracy. About Adam Compain.

Supply Chain Planning Software 195

Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Software Scenario Planning 195

Logistics Viewpoints

AUGUST 11, 2022

Even if your transportation management system ( TMS ) is ingesting carrier EDI information directly, the data you receive is often hours after that fact, leaving you to “best-guess” actual delivery times. It collects and stores data from a variety of sources. Customer satisfaction suffers. You don’t know what you don’t know.

Supply Chain Planning Software 155

Supply Chain Planning Software Logistics Network Optimization Software Optimal Sourcing Manufacturing Procurement 155

Logistics Bureau

OCTOBER 10, 2022

Therefore, to avoid falling short of your service standards, you need to hold enough stock to ensure you can fulfill every sale or order, even in the face of supply chain shocks and demand spikes. Lost sales as a result of poor availability. How to Improve Forecast Accuracy for Optimal Inventory. Inadequate liquidity.

Inventory Reduction 127

Inventory Reduction Inventory Optimization Modeling Optimization Software 127

Logistics Viewpoints

JUNE 22, 2022

It struck me as I reviewed past growth rates how persistent WMS sales growth has been. I decided to take a step back and propose an organizational explanation of why I believe WMS sales growth is so persistent. What about the data quality? The post Why are WMS Sales so Persistent? My Learning Path.

Supply Chain Planning Software 181

Supply Chain Planning Software Supply Chain Software Modeling Software Scenario Planning 181

Ship Monk

JUNE 16, 2021

Sales slumps can happen to the best of us. Whether it’s after the major winter holidays or during the hazy summer months, a temporary halt in momentum is a challenge for even the most established of brands. Who knew that Vito Corleone could give such great sales advice? Who doesn’t love an opportunistic sale or BOGO promotion?

eCommerce 91

eCommerce Inventory Reduction How To After-sales 91

Logistics Viewpoints

FEBRUARY 20, 2024

This article describes how to incorporate simulation techniques into optimization, build a stochastic optimization model, and end up with a more resilient supply chain model. After that the team works in an iterative way, answering stakeholder’s questions regarding how the network will react to various changes (e.g.

Supply Chain Design Software 180

Supply Chain Design Software Sourcing Strategies Supply Chain Design Inventory Reduction 180

Logistics Bureau

NOVEMBER 8, 2021

If yours is not one of those businesses, and you’re confident in your KPI suite and the relevance of the data it provides, congratulations! It is a practice that can help you boost performance significantly by showing you how it compares with that of your competitors and peers. How to Benchmark Your Supply Chain With KPIs.

Supply Chain Software 115

Supply Chain Software Supply Chains Scenario Planning Cost Reduction 115

Logistics Bureau

JULY 18, 2022

Once you have gathered the data relating to your customers’ needs, you should be able to see if a single logistics strategy will work for your entire customer base, or whether you need to take a segmented approach. Then, you can analyse your current supply chain capabilities using the research results and your data concerning customer needs.

Inventory Reduction 118

Inventory Reduction Resource Reduction Vendor Strategies Cost Reduction 118

Logistics Viewpoints

MARCH 8, 2021

Sales of some products decreased greatly, while sales of others boomed driven by a change in consumer habits towards different cosmetic product categories. Using network design solutions, the company saved millions of dollars based on better decisions on how to utilize their network. The pandemic has increased complexity.

Supply Chain Design Software 187

Supply Chain Design Software Supply Chain Planning Software Supply Chain Transformation Supply Chain Software 187

WorkWave

JUNE 17, 2024

Unlike traditional marketing methods, digital marketing leverages various digital channels and platforms to connect with potential customers, generate leads, drive sales, and build brand awareness. When it comes to property sales, buyers want to invest in pest-free homes. Benefits of PestPac 1.

Optimal Sourcing 96

Optimal Sourcing Sourcing Strategies Resource Reduction Optimization Software 96

Logistics Bureau

JUNE 14, 2021

Indeed, in many cases, sales and orders increased. The only realistic way to achieve that is to commit to sharing data with all tier 1 suppliers in your ecosystem, along with your logistics partners, and your customers. Accelerating and streamlining the flow of data and information through the supply chain. Collaboration.

Supply Chain Planning Software 103

Supply Chain Planning Software Optimal Sourcing Supply Chains Inventory Reduction 103

Logistics Viewpoints

JUNE 22, 2022

It struck me as I reviewed past growth rates how persistent WMS sales growth has been. I decided to take a step back and propose an organizational explanation of why I believe WMS sales growth is so persistent. What about the data quality? The post Why are WMS Sales so Persistent? My Learning Path.

Supply Chain Planning Software 144

Supply Chain Planning Software Supply Chain Software Modeling Software Scenario Planning 144

Material Handling and Logistics

AUGUST 10, 2018

In fact, I often visit sites where they can’t even quantify certain supplies they have in inventory, whether it’s because cribs have been poorly controlled or the company lacks up-to-date inventory data. First, idle machines, idle workers and lost production result in lower sales and margins.

Negotiate Pricing 90

Negotiate Pricing Negotiating Skills Purchasing Skills Procurement Solutions 90

Ship Monk

MARCH 21, 2024

Legacy Customer Relationship Management (CRM) software systems, such as Salesforce, were originally developed to help sales teams funnel and track potential customers through long sales pipelines, from generating leads to closing the sale, then supporting and maintaining the customer relationship.

Optimization Software 105

Optimization Software eCommerce Logistics Network Optimization Software Procurement Solutions 105

CH Robinson Logistics

JULY 12, 2021

Robinson’s own technology and data from the largest network in the freight industry, our partnerships with research firms and universities help our customers stay on top of the trends that influence their supply chains. If you see Class 8 truck manufacturing data, in trade press or elsewhere, remember, it isn’t all highway tractors.

Capacity 116

Capacity Trucking Freight Supply Chain Planning Software 116

Logistics Viewpoints

DECEMBER 14, 2021

drop in sales while non-store retailers (mostly E-Commerce providers) achieved 14.8% increase with their sales in the U.S. I have to forecast my avocado sales, including seasonal patterns and promotional effects. How to maximize service rate? How to minimize transportation costs?

Supply Chain Planning Software 168

Supply Chain Planning Software Supply Chain Design Software Optimization Software Supply Chain Software 168

Logistics Bureau

DECEMBER 24, 2024

Consequently, there is a trend for firms to remove warehouse assets from the balance sheet, and redirect capital gained from sale of assets to working capital and/or core asset investments. This means that if a firm is seeking to bank savings after outsourcing , they may well be disappointed.

Outsourcing 62

Outsourcing Warehousing Negotiating Skills Purchasing Skills 62

SYSPRO Smarter ERP

FEBRUARY 23, 2022

These will require a re-think of how to manage products, streamline the business and interact with customers. As medical devices increasingly have embedded sensors that can transmit data over the Internet, companies are looking at the possibility of digital supply networks (DSN). After-sales support. Data platform.

Manufacturing Procurement 105

Manufacturing Procurement ERP Supply Chain Design Software Supply Chain Planning Software 105

GlobalTranz

NOVEMBER 29, 2016

Editor's Note: Today's blog is the second part of Chuck Intrieri's series on how procurement and suppliers can avoid issues with their contracts. In part two, Chuck focuses on how to draft your terms and conditions. How to Begin Your Terms. Data and Privacy. Writing your terms of use can be a monumental task for anyone.

Procurement Analytics 84

Procurement Analytics Manufacturing Procurement Procurement Document 84

Stord

JANUARY 26, 2021

Over the past decade, we’ve seen companies rapidly expand into omnichannel sales approaches as they respond to their customers’ increasingly higher expectations for multiple buying options and speedy delivery. Capital costs are replaced by variable costs, allowing for the possibility of scaling up and down as needed.

Supply Chain Planning Software 78

Supply Chain Planning Software Supply Chain Software Modeling Software Logistics Network Optimization Software 78

Logistics Bureau

AUGUST 1, 2022

Has your company ever suffered problems with, implemented, or even considered implementing a sales and operations (S&OP) planning process? Often, in our experience, the problem is a human one… It’s not the data, not the process, not the technology, or the strategy, but the people. Why S&OP Needs a Lot of Human Investment.

Supply Chain Planning Software 118

Supply Chain Planning Software Scenario Planning Operations Supply Chain Design Software 118

Parade

MAY 15, 2019

Like any competitive business, growing and managing a freight brokerage is full of operational challenges such as; attracting and retaining carrier sales reps, increasing operational efficiency, improving profitability, and strengthening relationships with customers and carriers.

Negotiating Skills 60

Negotiating Skills Freight How To After-sales 60

AIMMS

MAY 14, 2018

Sales and Operations Plan ning has become a standard process to improve business performance, collaboration and predictability. Moreover, without powerful analytics that provide exciting insights – the S&OP process can be too tactical, too data input hungry and a lowlight on stakeholders’ monthly calendars. .

Meeting 83

Meeting Scenario Planning Supply Chain Planning Software Optimization Software 83

Logistics Viewpoints

NOVEMBER 16, 2022

The National Retail Federation (NRF) has stated that holiday spending is expected to be healthy even with recent inflationary challenges, and it forecasts that holiday retail sales during November and December will grow between 6 percent and 8 percent over 2021 to between $942.6 billion and $960.4

Logistics Network Optimization Software 161

Logistics Network Optimization Software Cost Reduction Logistics After-sales 161

FreightWaves SONAR

JUNE 5, 2023

Lack of data, lack of conviction and lack of organizational agility all conspire to keep companies from recognizing medium-term opportunities and challenges and responding decisively. It’s hard to find good data that provides a view into the next few months of consumer behavior and economic activity.

Supply Chain Planning Software 52

Supply Chain Planning Software Scenario Planning Data Freight 52

Logistics Viewpoints

SEPTEMBER 7, 2022

Within this discipline, one of the toughest challenges is how to get visibility to problems arising across the extended supply network. In a conversation with Everstream’s chief data officer, the executive told this writer that the company was using artificial intelligence (AI) and Big Data to solve this n-tier problem.

Supply Chain Software 155

Supply Chain Software Supply Chains Optimal Sourcing Procurement Solutions 155

Ship Monk

AUGUST 30, 2023

Today we’re going to look at how to calculate ecommerce conversion rates, identify some things that may be turning customers away, and what you can do to improve conversion rates. An ecommerce conversion rate is the percent of visits (or sessions) to your website that result in a sale. What is an Ecommerce Conversion Rate?

eCommerce 52

eCommerce How To Procurement Analytics Purchasing Skills 52

Logistics Bureau

NOVEMBER 14, 2018

Too much leads to resources being monopolised on gathering tons of data and a subsequent risk of “paralysis by analysis” Cost to Serve (CTS) is an approach that helps you avoid both extremes. You then set a sales price for that product. Sales organisation costs. Collecting and Using Cost to Serve Data.

Purchasing Skills 112

Purchasing Skills Cost Reduction Supply Chain Planning Software Supply Chain Design Software 112

Logistics Bureau

MAY 24, 2021

After years of focus on just-in-time shipping and inventory minimization, few companies were ready for the chaos that COVID-19 wrought on their supply chains. Turnover Days and How to Calculate Them. The formula looks like this: Maximum lead time x maximum daily sales – average lead time x average daily sales.

Inventory Reduction 118

Inventory Reduction Inventory Supply Chain Planning Software Supply Chain Software 118

EazyStock

MAY 11, 2021

Your inventory’s ‘value’ can be based on a number of criteria, such as annual sales revenue, profitability or annual consumption value. The graph below illustrates how 80% of a company’s sales revenue comes from 20% of their stock items: ABC analysis & The Pareto Rule for inventory management.

Inventory Reduction 52

Inventory Reduction Inventory How To Procurement Solutions 52

EazyStock

DECEMBER 13, 2021

To do this you need to know what stock items are most ‘at risk’ of running out, when are they likely to run out, and by how much you are likely to be short. After all, nobody likes surprises! Important risk of stockout KPIs include: Number of stock days – how many days stock you have left until you run-out. Demand forecasts.

Inventory 52

Inventory Supply Chain Planning Software How To Supply Chain Software 52

WorkWave

OCTOBER 17, 2023

Giannetto, WorkWave CEO, and Jill Davie, CXO, will host a dynamic session titled, How to Shape Your Customer Journey on Thursday, October 19, that will leave attendees with a clear plan as to how pest companies can build a customer journey that ultimately drives sales, recurrent revenue, loyalty and overall value in an increasingly digital world.

After-sales 111

After-sales Events Digital Presentation 111

Logistics Business Magazine

SEPTEMBER 13, 2022

Neil Adcock, Managing Director at Bis Henderson Consulting , reveals how to unlock the value hidden in returns data. If the return results in an exchange that may just about be supportable – if, as is often the case, it results in ‘no sale’ and a refund, then that is a serious impact to the bottom line. Getting hold of the data.

Data 54

Data Cost Reduction Purchasing Skills Sourcing Strategies 54

Logistics Viewpoints

JUNE 13, 2024

Through the story of a plant manager, it offers insights on how to improve efficiency, which also includes optimizing the production process as a whole, instead of focusing on individual parts. Repeat the Process – After addressing the initial bottleneck, reassess the system to identify the new constraint.

Optimization Software 190

Optimization Software Optimization Modeling Optimization Modeling Software 190