Locus

MAY 20, 2024

This blog delves into essential acronyms and abbreviations, from BOPIS to WISMO, that are pivotal for optimizing supply chains and elevating customer satisfaction. In a way, this model is a win-win as it saves return logistics costs for retail businesses. Read Also: FMCG Sales Beat – Insight Report 23.

Inventory Reduction 98

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Locus

JANUARY 8, 2024

What’s more, nearly a fifth are at the forefront, harnessing advanced tools like control towers and analytics to maintain their competitive stance. Echoing this movement, McKinsey spotlights how adopting advanced analytics in distribution retools the daily workflows of frontline staff, boosting retention by 15%.

Cost Reduction 52

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Locus

APRIL 13, 2023

Advanced analytical insights: With advanced supply chain analytics from Locus’ offerings, businesses can solve many inefficiencies, complexities, and bottlenecks that make their last-mile delivery expensive. It has saved $275 million in logistics costs and 10m + kgs in Greenhouse gas emissions. appeared first on Locus Blog.

Optimization Software 52

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Locus

JULY 11, 2024

This blog explores the top five retail logistics software companies in Saudi Arabia, highlighting their unique features, capabilities, and how they are transforming the logistics landscape for retailers across the region. 7 Ways Retailers Can Reduce Delivery Costs 2. Schedule a demo with us now! Still confused?

Logistics Network Optimization Software 52

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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. Request a SONAR Demo.

Procurement Analytics 98

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FreightWaves SONAR

JANUARY 27, 2021

In addition, e-commerce’s already strong secular trend accelerated through the period as the nation stayed home while still purchasing goods for delivery, enhancing the outlook for final-mile delivery. The insights generated are the product of a deep bench of domain experts backed by the proprietary data and analytics housed in SONAR. .

White Paper 66

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FreightWaves SONAR

DECEMBER 1, 2020

As reported by Brian Barry of Multichannel Merchant , it is simple: “Don’t try to write and enforce the ideal policy in one step. Tracking the total volume of inbound and outbound freight, not to mention its contingent factors through these metrics, adds value by enabling proactive transportation management. Request a SONAR demo today.

Purchasing Skills 100

Purchasing Skills Freight Procurement Analytics Optimal Sourcing 100

Locus

JULY 24, 2023

For instance, 41% of global shoppers expect same-day delivery for their purchases. Cost Considerations: A significant financial and environmental cost for shippers and carriers hides as empty miles. accounting for 61 billion empty miles and 87 million metric tons of unnecessary annual emissions.

Optimal Sourcing 52

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Locus

JULY 10, 2023

Shockingly, according to a Gartner report, only 21% of companies boast a robust supply chain network that provides adequate visibility and agility. Intelligent data at your beck and call: Locus’ advanced analytics capabilities takes the complexity of last-mile data and presents it to supply chain managers as actionable insights.

Optimization Software 52

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Locus

SEPTEMBER 20, 2023

As its crucial tech partner, Locus supports its logistics services with functionalities like end-to-end visibility and analytical insights. If available technology aligns with a business’s needs and processes, they’ll purchase it. It has operated in this region for over 65 years. Missed the live session?

Webinar 52

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Ship Monk

MARCH 11, 2024

Did you know that 93% of consumers say that online reviews influence their purchase decisions? Referrals One of the first things consumers do when making a big purchase is ask friends and family for recommendations. That’s a mind-blowing statistic. Why are other people’s opinions so darn important to us?

eCommerce 105

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WorkWave

JULY 29, 2024

Consider including a blog section on your website to regularly publish informative articles that can help drive traffic and engage visitors. Expert interviews: Position yourself as an industry expert by offering to participate in interviews or guest blog posts for local media outlets or healthcare publications. GET A FREE DEMO 5.

Optimization Software 52

Optimization Software Logistics Network Optimization Software Resource Reduction Cost Reduction 52

Locus

DECEMBER 6, 2022

According to a recent report, companies that earn $1 billion annually can expect to earn, on average, an additional $700 million within three years of investing in customer experience. Our advanced scheduling optimization software has dynamically priced, customer delivery slots for both online and in-store purchases. Schedule Demo.

Optimal Sourcing 52

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Locus

JUNE 16, 2023

Say you purchase your coveted gadget online, eagerly tracking its journey from warehouse to your welcoming hands. Customer satisfaction and keeping costs in check rests on optimal last-mile delivery operations. In 2021, a wide range of major product categories saw online purchase returns, with rates varying from 8% to 88%.

Cost Reduction 98

Cost Reduction Expense Reduction Inventory Reduction Price Reduction 98

Ship Monk

SEPTEMBER 14, 2022

By value , we mean how much that inventory cost to make or purchase, plus how much it’s costing you to store it. Ending Inventory + COGS – Purchases = Beginning Inventory. Beginning Inventory + Purchases – COGS = Ending Inventory. Beginning Inventory + Purchases – COGS = Ending Inventory.

Inventory Reduction 98

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Locus

NOVEMBER 30, 2023

Large organizations, often bogged down by complex roadmaps, may benefit from purchasing solutions to maintain innovation pace. Locus: Tech Platform that is Scalable and Customizable When it comes to selecting the right solution provider for purchase, Locus stands out. Schedule a demo with our experts!

Supply Chain Planning Software 52

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Locus

OCTOBER 21, 2022

To provide consumer experiences for your online shoppers after they make their purchases, click here. In fact, around 300,000 new jobs have already been created in the sector so far and over 500,000 more are expected to be added till Diwali, according to this report , as the demand for gig workers steadily increases. Schedule Demo.

Supply Chain Planning Software 52

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WorkWave

JULY 11, 2024

The Centers for Disease Control and Prevention reports that 40% of Americans have two or more chronic conditions necessitating ongoing prescription medication. Customers are increasingly purchasing over-the-counter (OTC) medications, personal care products and wellness products from online stores for home delivery.

Optimization Software 52

Optimization Software Logistics Network Optimization Software Inventory Reduction Cost Reduction 52

FreightWaves SONAR

NOVEMBER 20, 2020

Total cost of goods sold The total cost of goods sold is among the most prominent and most influential metrics in supply chain management. It is a measure of the beginning inventory cost plus the purchases made during the period, minus the ending inventory costs. Request a SONAR demo online to learn more.

Supply Chain Design Software 66

Supply Chain Design Software Supply Chain Software Supply Chain Design Supply Chains 66

FreightWaves SONAR

MARCH 4, 2021

Yes, the need for shipping demand analytics is not new and was echoed in 2013 by Industry Week , “Relying on traditional supply chain execution systems is becoming increasingly more difficult, with a mix of global operating systems, pricing pressures and ever-increasing customer expectations. That’s where data analytics comes in.”

Price Reduction 97

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EazyStock

NOVEMBER 18, 2022

Ultimately, our automatically generated purchase orders will save you time and money. We use key metrics like demand patterns, sales usage, pick frequency, and demand volatility so you can identify your winners and losers. Book a demo to learn more about EazyStock’s functionality and how it can make your demand planning easier.

Optimization Software 52

Optimization Software Procurement Solutions Procurement Analytics Purchasing Skills 52

FreightWaves SONAR

AUGUST 23, 2021

While that may be too soon to call, it’s clear that these are trying times for shippers and brokers that purchase ocean capacity. Request a SONAR Demo. Request a SONAR SCI Demo. Ocean shipping issues have caused some to question whether Christmas will be cancelled. FILL OUT THE FORM BELOW TO DOWNLOAD THE FREE WHITE PAPER.

White Paper 52

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FreightWaves SONAR

JANUARY 8, 2021

Analytics-driven processes are the go-to strategies for all freight management parties that seek to increase profitability. As reported by Mindy Long of Transport Topics , “One of the challenges for fleets collecting a wealth of data is determining what information is actionable.” Request a SONAR Demo.

Expense Reduction 104

Expense Reduction Freight Price Reduction Purchasing Skills 104

FreightWaves SONAR

FEBRUARY 22, 2021

For part-time, the counts are reported on a full-time-equivalent (FEL) basis. The carriers reporting the data for this index are participants in the Truckload Carriers Association’s TPP program. As with DEVREV, the carriers reporting the data for this index are participants in the Truckload Carriers Association’s TPP program.

Trucking 85

Trucking Procurement Analytics Demo Modeling Software 85

EazyStock

NOVEMBER 18, 2022

Ultimately, our automatically generated purchase orders will save you time and money. We use key metrics like demand patterns, sales usage, pick frequency, and demand volatility so you can identify your winners and losers. Book a demo to learn more about EazyStock’s functionality and how it can make your demand planning easier.

Optimization Software 52

Optimization Software Procurement Solutions Procurement Analytics Inventory 52

Shipchain

FEBRUARY 14, 2019

Blockchain Prevents Unsuspecting Purchases of Counterfeit Drugs and Medical Devices. Pharma ceutical supply chains suffer an annual global loss of more than $200 billion due to counterfeit medications, reports Mike Miliard of Healthcare IT News.

Supply Chain Planning Software 99

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Blue Grace Logistics

DECEMBER 15, 2022

The Logistics Blog®. Rising online purchases over the past few years have increased the need for LTL. Haul lengths reported by respondents varied from 500+ miles to 100-249 miles. About half of those surveyed reported it is sometimes or always a challenge securing LTL capacity for these loads. Accurate reporting.

Optimal Sourcing 62

Optimal Sourcing Supply Chain Planning Software Purchasing Skills Survey 62

Shipchain

OCTOBER 25, 2019

We’ve been busy fine-tuning our platform, nailing our pitch, bringing on new customers, demoing for clients, and speaking at and attending different freight and logistics conferences. For everyone that hasn’t had a chance to tune in yet, we have made the recording public on our blog. . To read the full announcement, visit our blog.

Supply Chain Planning Software 48

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FreightWaves SONAR

FEBRUARY 15, 2021

The Operating Ratio (OPRAT) index provides total operating costs divided by operating revenue, which is derived from Truckload Carriers Association (TCA) members and is reported on a monthly basis. That includes total fuel costs for purchasing rack diesel fuel price , fuel additives, diesel exhaust fluid and taxes.

Trucking 98

Trucking Expense Reduction Operations Purchasing Skills 98

Locus

SEPTEMBER 27, 2022

The IDC Digital payments report of 2021 stated that the SEA region had more than 222 million e-commerce users and is expected to grow to around 411 million users by 2025, an 85% growth rate in e-commerce for this region in the next three to four years. Schedule a Demo. Watch the Webinar. Rise in e-commerce users and volume.

Supply Chain Planning Software 52

Supply Chain Planning Software Procurement Solutions Modeling Software Supply Chain Software 52

Locus

OCTOBER 16, 2022

Last-mile reverse logistics determine the post-purchase customer experience and brand loyalty. Overall, it ensures that orders are returned to warehouses or fulfillment centers without additional logistics costs. Schedule a Demo Now. A failed delivery attempt is the most crucial metric that drives the reverse logistics workflow.

Reverse logistics 52

Reverse logistics Optimal Sourcing Sourcing Strategies Logistics Network Optimization Software 52

FreightWaves SONAR

JANUARY 25, 2021

The Maintenance Expense per Mile (MAINT) index captures the total maintenance expense, reported by participating carriers during a given month, expressed on a per-mile basis. The expense reported is specific to the maintenance of company-owned trucks, and company fleet-allocated trailers. Maintenance Expense per Mile (MAINT).

Optimization Software 98

Optimization Software Optimization Trucking Expense Reduction 98

Locus

FEBRUARY 22, 2023

According to a recent report, retail e-commerce sales are projected to grow from roughly 875 billion U.S. Returns management or reverse logistics refers to the process of handling and managing products that are returned by customers after purchase. dollars in 2022 to over 1.3 trillion U.S. dollars in 2025.

Reverse logistics 52

Reverse logistics Supply Chain Planning Software Logistics Network Optimization Software Optimization Software 52

Locus

MAY 15, 2023

According to a study, 55% of consumers prefer to buy directly from brands, and a further 40% of shoppers say they will purchase from a D2C brand in the next five years. In fact, according to a recent report by Mordor Intelligence, the Indian D2C market size was estimated to be at $55 billion in 2022.

Cost Reduction 52

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FreightWaves SONAR

AUGUST 25, 2021

While it may be premature to say Christmas is canceled, any company having to purchase capacity on the ocean is facing unprecedented pressure. Request a SONAR Demo. Request a SONAR SCI Demo. The maritime market madness has caused some retailers to wonder if Christmas is going to be canceled.

Maritime 52

Maritime White Paper Demo Purchasing Skills 52

FreightWaves SONAR

JANUARY 11, 2021

The carriers reporting the freight data for this index are participants in Truckload Carriers Association’s TPP program. This index, for small populations of drivers, is highly dependent on the States and Provinces that each reporting carrier operates within.

Trucking 97

Trucking Procurement Analytics Modeling Software Demo 97

FreightWaves SONAR

FEBRUARY 8, 2021

SONAR’s Ocean Shipments Report and Ocean TEUs indices show subscribers how much cargo is shipping to and from the United States. What do the Ocean Shipments Report and OceanTEUs indices tell freight market participants? Rather than relying on historical data being reported by ports or U.S. and are reported by U.S.

Outbound 98

Outbound Procurement Analytics Demo Freight 98