GlobalTranz

OCTOBER 11, 2018

The importance of an omnichannel supply chain strategy cannot be overstated. 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. What’s Wrong With Omnichannel Supply Chain Strategy and Customer Service?

Inventory Reduction 74

Inventory Reduction Price Reduction Cost Reduction Supply Chains 74

Logistics Viewpoints

JULY 24, 2024

Today’s article is the fifth part in a series featuring surveys from APQC on supply chain topics including ESG in supply chain , environmental sustainability , last mile , digital transformation. Survey respondents are second most likely to have implemented Robotic Process Automation in sourcing and procurement (20 percent).

Supply Chain Software 122

Supply Chain Software Supply Chain Planning Software Manufacturing Procurement Supply Chains 122

GoShip Blog

DECEMBER 29, 2022

Shipping is a cost neither business owners nor their customers enjoy having to shoulder. Shipping costs often leave the affected parties no choice but to learn how to deal with it. Fortunately, there are effective strategies you can employ to reduce your e-commerce store’s shipping costs.

Cost Reduction 52

Cost Reduction Price Reduction Inventory Reduction Negotiating Skills 52

Logistics Viewpoints

JANUARY 9, 2025

Logistics warehouses that prioritize flexibility, operational efficiency, and throughput will be able to secure long-term growth, meet client demands, and stay ahead of evolving industry trends. This approach protects the investment while enabling warehouses to adapt to shifting market trends and business models.

Resource Reduction 117

Resource Reduction Logistics Network Optimization Software Modeling Software Inventory Reduction 117

Logistics Viewpoints

JUNE 19, 2024

Today’s article is the fourth part in a series featuring surveys from APQC on supply chain topics including environmental sustainability , last mile , and digital transformation. This suggests a need for a more defined ESG strategy and framework within the industry to guide effective integration and action.

Supply Chains 111

Supply Chains Waste Reduction Cost Reduction Sourcing Strategies 111

Stord

DECEMBER 9, 2020

Many of the trends and changes we expect to see in 2021 are largely driven by the supply chain weaknesses and gaps identified in 2020. A key part of developing that strategy is looking at how supply chains can respond to new channels and demand, and planning for both the best and worst case scenarios.

Supply Chain Planning Software 78

Supply Chain Planning Software Supply Chain Software Cost Reduction Resource Reduction 78

Now, That's Logistics

JULY 5, 2023

As a seasoned professional with 30+ years of experience in this ever-evolving sector, I am excited to share my industry insights and provide commentary on the latest news and trends shaping the landscape. This projection is attributed to the rise in labor and equipment costs within the industry.

Cost Reduction 145

Cost Reduction Price Reduction Supply Chain Planning Software Supply Chain Software 145

Freightos

JULY 24, 2024

In July, Freightos conducted a survey of over 100 small business importers and exporters, primarily from the United States, who utilize the Freightos.com marketplace for international freight. The survey aimed to explore the impact of these changes on their operations.

Supply Chain Software 124

Supply Chain Software Supply Chains Price Reduction Cost Reduction 124

Transporeon

SEPTEMBER 20, 2018

In the first scenario, additional administrative effort and resources are required, which pushes up costs. In the context of cross-industry implementation of continuous-flow and lean manufacturing, delivery volumes are shrinking and delivery times are being reduced. Scarce available trucking capacity leads to higher shipping costs.

Price Reduction 101

Price Reduction Cost Reduction Resource Reduction Capacity 101

Freightos

OCTOBER 7, 2015

Technology Trends for the Logistics Industry. Those that want to embrace the latest, cutting-edge technologies should consider these popular trends, and the impact they have on the future of logistics and supply chain management. Robotics for manufacturers is a great tool because it helps reduce costs and limit overhead.

Supply Chain Planning Software 94

Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Software Trends 94

Logistics Viewpoints

JUNE 29, 2023

Direct spend can be a significant part of the Cost of Goods Sold for an organization. A recent report says that more than 77% of companies said, in a survey, that they are investing in deeper and more collaborative supplier relationships to improve resilience and agility.

Manufacturing Procurement 103

Manufacturing Procurement Procurement Analytics Inventory Reduction Material Savings 103

Trinity Logistics

DECEMBER 29, 2021

In this blog, we’re going to dive into some of the latest trends in the food and beverage industry. TRENDS IN THE FOOD AND BEVERAGE INDUSTRY. One of the well-known trends in the food and beverage industry is the continued growth of cold chains. This makes sustainability one of the top trends in the food and beverage industry.

Trends 117

Trends Food and Agriculture Industry Waste Reduction 117

CH Robinson Logistics

MAY 10, 2022

That can add anywhere from $165 (500 load miles) to $660 (2,000 load miles) in cost per trip. Track and reduce non-revenue generating miles. According to a 2020 survey by ATRI , 20.6% Especially in times of high fuel costs, a high percentage of deadhead miles has significant impact on your bottom line. For example, C.H.

Price Reduction 115

Price Reduction Cost Reduction Survey Availability 115

SYSPRO Smarter ERP

JANUARY 31, 2022

We recently surveyed CFOs and finance executives in the manufacturing and distribution sectors to study how the pandemic has impacted their businesses. 2. Managing working capital, cash flow, and inventory costs. investments), cash flow, and rising inventory costs rank as the second-highest CFO priority for 2022.

Inventory Reduction 105

Inventory Reduction Cost Reduction Logistics Network Optimization Software Supply Chain Software 105

GlobalTranz

SEPTEMBER 28, 2015

This post is from a press release sent to us regarding the recent survey of the 3PL industry. This survey continues to point towards the success 3PLs are having for their clients. Survey Points to Continued Success of Shippers and the 3PL Industry. No matter what type of 3PL there is, each brings value to their customers.

Survey 93

Survey 3PL Supply Chain Design Software Supply Chain Software 93

Blue Grace Logistics

JUNE 23, 2023

That being said, this innovative tool has been instrumental in identifying clear indicators of market fluctuations and how that intel has helped shippers prioritize business strategies. Here’s some key highlights from the Q3 2023 LCI: Anticipated revenue maintains a positive trend. Order volume sentiment. Agile operations.

Resource Reduction 116

Resource Reduction Inventory Reduction Logistics Network Optimization Software Cost Reduction 116

GlobalTranz

DECEMBER 19, 2016

Editor's Note: Today's blog is from our friend Kevin Hill with Quality Scales Unlimited who shares his expertise regarding the key trends in supply chain and transportation management. . Supply chains, both international and domestic, are under constant pressure to reduce their costs and enhance performance at the same time.

Supply Chain Planning Software 85

Supply Chain Planning Software Supply Chain Software Supply Chains Trends 85

Talking Logistics

AUGUST 21, 2018

Key Trends Driving Change. Driver shortage is a major concern for companies striving to improve the performance of their fleet, according to a 2018 global benchmark study , conducted by Descartes, that surveys fleet managers from a wide array of industries and logistics providers. The Financial Link. Technology Boost.

Cost Reduction 68

Cost Reduction Resource Reduction Supply Chain Planning Software Logistics Network Optimization Software 68

GlobalTranz

DECEMBER 30, 2021

New Survey Highlights Confidence in Supply Chain Operations Despite Challenges. Anticipating a rebound from COVID-19, this blog post highlighted insights into how supply chain leaders were thinking about their supply chain in the context of the pandemic, macro industry trends, and as they planned for the year ahead. #2.

Blog 95

Blog Cost Reduction Resource Reduction Supply Chain Planning Software 95

Logistics Viewpoints

OCTOBER 18, 2023

Or have these concerns been replaced with cost-price inflation and compressed profit margins? These are questions ARC Advisory Group will seek to answer in our online survey research of supply chain executives over the next few months. The second pattern that jumps out is an ongoing reduction in volatility of change.

Manufacturing Procurement 129

Manufacturing Procurement Purchasing Skills GEP Price Reduction 129

SYSPRO Smarter ERP

JULY 2, 2024

AI for manufacturers Using artificial intelligence (AI) in manufacturing can significantly improve productivity, reduce equipment failure, increase production efficiency and help identify new business opportunities. The more data they process, the better they become at recognizing patterns, identifying trends, and making predictions.

Supply Chain Planning Software 105

Supply Chain Planning Software Modeling Software Optimization Software Supply Chain Design Software 105

Talking Logistics

JULY 12, 2017

Trend #1: Customers Buying Experience Not Products. According to the Geodis 2017 Supply Chain Worldwide Survey , organizations that invest more in supply chain see greater EBIT (earnings before income tax) in their business. #2 Trend #3: Serving Every Customer with their Own Optimized Micro Supply Chain. Not even Amazon.

Supply Chain Planning Software 87

Supply Chain Planning Software Supply Chain Software Supply Chains Trends 87

Freightos

JANUARY 15, 2024

The implication for global freight beyond the now typical uncertainty is predictably elevated operational costs and soaring freight rates. The decrease in logistics costs led 35% of importers to lower their product prices, possibly contributing to the easing of inflation rates. The regression in pricing wasn’t just due to lower demand.

Negotiating Skills 127

Negotiating Skills Optimal Sourcing Price Reduction Cost Reduction 127

GlobalTranz

OCTOBER 14, 2015

Technology can help to simplify your supply chain management, which will enable your business to operate more efficiently, give you more visibility and control over your inventory, and help to reduce your operational costs. Computerized Shipping and Tracking.

Supply Chain Planning Software 104

Supply Chain Planning Software Supply Chain Software Supply Chain Technology Sourcing Strategies 104

Blue Grace Logistics

SEPTEMBER 12, 2017

According to the findings from the “26th Annual Study of Logistics and Transportation Trends (Masters of Logistics)”, more companies are beginning to understand that new business models and new competition in the field are changing customer expectations. Cost is, of course, another important aspect of running a successful business.

Cost Reduction 89

Cost Reduction Logistics Network Optimization Software Price Reduction Sourcing Strategies 89

Logistics Viewpoints

MARCH 25, 2021

Global trade regulations and conflicts, as well as tariff threats as a political tool, could cut off sources and markets and push your business plan into the red. The average cost of a data breach reached $3.86 Abrupt disruptions can drive prices sky-high, or a vital product may not be available at any cost.

Supply Chain Planning Software 127

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 127

SYSPRO Smarter ERP

SEPTEMBER 1, 2022

It’s no secret that manufacturing companies around the world are rethinking their supply chain strategies. While the concept of reshoring, also known as onshoring, has been a growing trend over the past decade, when the pandemic hit it introduced risk in a way that wasn’t previously considered.

Manufacturing Procurement 105

Manufacturing Procurement Supply Chain Planning Software Sourcing Strategies Supply Chain Software 105

MTS Logistics

OCTOBER 9, 2023

Regardless of their size, companies are reassessing their global supply chain strategies. By diversifying suppliers across different regions, companies can reduce the impact of localized disruptions. and European companies to reevaluate their supply chain strategies. What are the benefits of supply chain risk diversification?

Negotiate Pricing 105

Negotiate Pricing Negotiating Skills Supply Chain Software Supply Chains 105

Logistics Viewpoints

FEBRUARY 3, 2022

Calls are increasing for a return to just-in-case (JIC) policies, with some citing this trend as a risk. planning offers an alternative to swinging the pendulum and as the strategy that provides the supply chain resilience leaders seek. Increasing critical parts inventory can be a smart strategy (e.g.

Inventory Reduction 127

Inventory Reduction Supply Chain Planning Software Supply Chain Design Software Inventory 127

Logistics Viewpoints

JANUARY 31, 2023

As costs pressures build up, organizations need to get creative in increasing the focus on cost optimization while ensuring resilience and business continuity. Organizations will be pressured to reduce costs and do more with less. The solutions that focus on delivering efficiencies and cost savings will gain ground.

Supply Chain Software 114

Supply Chain Software Supply Chains Optimal Sourcing Optimization Software 114

Logistics Bureau

DECEMBER 6, 2024

In a manufacturing plant, reverse logistics performance is tied to the money or materials that can be recovered cost-effectively from the returned product. In addition, returns typically cost more to handle than outbound shipments – 3 to 4 times more for traditional retail companies, for example.

Reverse logistics 89

Reverse logistics Cost Reduction Vendor Strategies Inventory Reduction 89

GlobalTranz

JULY 8, 2015

While businesses want to believe moving forward through selling product is the only way to achieve success, reality tells of customer returns, environmental considerations for equipment recycling and reuse, cost management, and the effective management of all the aspects between the three. Cost Management.

Reverse logistics 110

Reverse logistics Material Savings Cost Reduction Logistics Network Optimization Software 110

The Logistics of Logistics

AUGUST 11, 2021

He was recognized as the undergraduate faculty member who had the greatest impact on students based on the 2017 graduating senior survey. In order to reduce the scope and make the topic more accessible, Jason and Joe use the iron skillet as an analog to represent all products that have a supply chain.

Supply Chain Software 195

Supply Chain Software Supply Chains Manufacturing Procurement Logistics Network Optimization Software 195

SYSPRO Smarter ERP

MAY 17, 2022

Our latest research survey shows that 70% of manufacturing and distribution businesses experienced supply chain disruptions and 60% of businesses were unable to engage and collaborate with customers and suppliers in real-time. One of the primary reasons for an organization to select a cloud-based ERP solution , is the cost savings.

ERP 98

ERP Supply Chain Planning Software Supply Chain Software Supply Chains 98

Turvo

OCTOBER 14, 2021

Let us check out some strategies you can deploy to decrease the driver churn rate for your trucking business. Strategies to reduce driver churn rates in the trucking industry. Consistent payout rates: Wages are a major factor in driver turnover, with the average cost of hiring a new truck driver being around $8,000.

Inventory Reduction 75

Inventory Reduction Cost Reduction Trucking Logistics Network Optimization Software 75

Logistics Viewpoints

SEPTEMBER 30, 2022

Two seemingly conflicting trends are coming together that, if addressed correctly, could provide retailers with a competitive advantage and make them more profitable. So, how are these two trends mutually beneficial? Sustainable home delivery options result in lower costs to the retailer.

Eliminating Excel in Purchasing 106

Eliminating Excel in Purchasing Cost Reduction Purchasing Skills Resource Reduction 106