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Hidden Opportunities for Supply Chain Cost Reductions Of course hidden costs, if you can find them, mean hidden opportunities. Much depends upon the nature of your supply chain operation of course. A barcode on a return label can be scanned, and refund, storage, disposal and other decisions taken automatically.
Greenbiz and Supply Chain Insights conduct a survey on the different thoughts of supply chain organizations and sustainability organizations in a company. This, of course, does not just mean carbon reduction but includes: Fair trade type practices (not allowing child labor, bad work conditions, conflict minerals etc.)
Now, of course, parcels are a daily occurrence, and our attitude towards packaging is somewhat different – more enlightened. Surveys show that up to half of consumers rate grossly oversized packages among the things they really don’t like about Internet shopping. And if you don’t believe surveys, just look on social media.
Companies have to pursue profits of course, (how else will they stay in business?) Care for the environment: Businesses have a responsibility to cut back on carbon emissions, dispose of waste in a non-polluting way, and support environmental care programmes. A Reputation Institute survey found that 91.4% You get the idea.
What is worse, according to a survey conducted by Daniel Webb revealed that we were throwing about 8 million tons of plastic away this year, which is much more than the last year. Of course, it can encapsulate a wide range of sauces, salad dressings and condiments for the take-away industry. How green are you?
Of course, it is helpful to have some statistics on hand to validate the statement above. According to a survey by Deloitte from 2014, 79 % of companies with high-performing supply chains achieve revenue growth superior to the average within their industries. In 2014, a survey by Tompkins Consortium delivered a shocking revelation.
But shopping online proved difficult for many German customers — a good 70% of those surveyed reported unsatisfactory search results and shortcomings in product descriptions, among other things. This is because six out of ten consumers surveyed want to maintain their changed shopping behavior and order online more often.
Of course, the opposite is also true — when handled poorly, returns can hurt your brand. Cost of processing the return: This includes labor and warehouse space used to inspect, re-bag, and retag merchandise, or to recycle, liquidate, or dispose of it. According to a Coveo Holiday Report, 55% of surveyed online shoppers in the U.S.
This can turn into an even bigger problem for the driver who has been behind the wheel all day and is now coming up on the maximum 14 hours he can work in the course of a day (truckers can only drive 11 total hours a day). Not Pocket Change. Digital Yard Management System To The Rescue.
Gelernter observes that the mind operates in different ways through the course of each day. Nick Bostrom: Director of The Future of Humanity Institute: AI could turn dark quickly, and dispose of humans. The pioneer of artificial intelligence is David Gelernter , and he has some radical ideas about the supremacy of the human mind.
Throughout the course of business, there will be a series of recurring updates for equipment, software, and materials. However, 70 percent of respondents within the survey saw Reverse Logistics as a burdensome cost for the business. Cost Management. Businesses tend to forget about how a single issue may impact an ecosystem.
In addition, more companies will continue to invest in innovation, and in a recent survey, 94% of supply chain respondents cited competency in technology as a distinguishing factor when considering outsourcing supply chain processes, including the use of third-party logistics providers (3PLs).
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