Logistics Viewpoints

OCTOBER 18, 2023

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 World Trade Organization publishes lots of insightful data on global trade – including trade indexes. Manufacturing Purchasing Managers Indexes The J.P.

Manufacturing Procurement 128

Manufacturing Procurement Purchasing Skills GEP Price Reduction 128

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.” The data from benchmarking trucking fleets provides companies with a wealth of information.

Procurement Analytics 98

Procurement Analytics Trucking Optimization Software Operations 98

Logistics Viewpoints

AUGUST 18, 2021

Data as recent as the end of June 2021 show that inventories remain below 1.3 With that said, let’s take a look at some recent and more granular data on sales, prices, and supply chain performance. I question if this is a data anomaly. Supply shortages, low inventory to sales ratios, and hiring lags are noted as factors at play.

Supply Chains 129

Supply Chains Manufacturing Procurement Purchasing Skills Price Reduction 129

Logistics Viewpoints

DECEMBER 1, 2023

million shoppers hit the stores and the internet to capitalize on Black Friday and Cyber Monday deals, according to a survey by the National Retail Federation. The top gifts were clothes and accessories, which about half of those surveyed purchased, and toys, which nearly a third of people surveyed bought.

Supply Chain Planning Software 113

Supply Chain Planning Software Logistics Network Optimization Software Cost Reduction Food and Agriculture 113

Material Handling and Logistics

AUGUST 31, 2018

The solutions to supply chain problems boil down to the right combination of three factors—technology, data and processes. It’s true that the major issues in the supply chain—which were confirmed through MH&L ’s workforce survey process and published in an earlier article —are nuanced. Data is a critical business asset.

Supply Chain Design Software 145

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 145

Freightos

FEBRUARY 4, 2020

And though the market index long predates digital computing, computing power combined with huge, aggregated data sets have proved fertile ground to improve visibility. As containerized freight has been slow to digitize in general, a reliable, data-driven, and actionable index has eluded the industry as well.

Optimal Sourcing 125

Optimal Sourcing Purchasing Skills Procurement Analytics Optimization Software 125

3PL Insights

SEPTEMBER 20, 2021

This article shares details on the Truck Tonnage Index, how the data reflects the overall economy, and other ways to interpret the data. Data Collection. The ATA creates the tonnage index through a series of surveys of its members. The index uses seasonally adjusted data and non-seasonally adjusted data.

Trucking 92

Trucking White Paper Procurement Analytics Trends 92

SYSPRO Smarter ERP

JULY 4, 2022

According to the recent SYSPRO global research survey, an enormous 82 percent of Fabricated Metal Manufacturers experienced supply chain and material handling disruptions over the past twelve months. Time-stamped data records can be integrated with a cloud ERP system to improve the ability to make decisions quickly and optimize operations.

Optimization Software 111

Optimization Software ERP Supply Chain Software Manufacturing Procurement 111

SYSPRO Smarter ERP

MARCH 21, 2022

SCM solutions provide oversight of materials and products, and their associated data, as they move through the supply chain from supplier to consumer. By gaining access to the data in these processes, businesses are better able to coordinate workflows, improve efficiencies, and ensure that customers get the product they ordered.

Manufacturing Procurement 116

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software Supply Chains 116

Logistics Viewpoints

MAY 17, 2023

These purchases were no longer influenced by factors such as retail center convenience, shelf height, or retail staff. ARC developed a survey in Q1 of this year and solicited responses from practitioners to obtain additional insight from the market. But the results of the survey do identify some trends.

Purchasing Skills 111

Purchasing Skills Supply Chain Software Survey Logistics Network Optimization Software 111

Logistics Viewpoints

AUGUST 23, 2021

In one McKinsey survey of more than 100 large organizations in multiple sectors, companies that regularly collaborated with suppliers demonstrated higher growth, lower operating costs, and greater profitability than their industry peers. McKinsey, the global consulting firm, has done research and writing on supply chain collaboration.

Collaboration 111

Collaboration Supply Chain Planning Software Optimal Sourcing Modeling Software 111

Logistics Viewpoints

SEPTEMBER 6, 2024

These clothing companies have revolutionized how consumers purchase, wear, and dispose of their clothing. First, in the early 2000s, advancements in data analytics, RFID, and localized supply chains fueled the rise of “fast fashion.” Over the past three decades, three technological shifts have transformed the fashion industry.

Supply Chain Planning Software 116

Supply Chain Planning Software Supply Chain Software Supply Chains Logistics Network Optimization Software 116

Logistics Viewpoints

APRIL 14, 2022

Experts from North Carolina State University and GEP conducted a survey on supply chain, procurement and IT leaders to determine their challenges and priorities, focusing on examining gaps in the supply chain. The study found that these leaders considered the largest gap to be between supply chain and procurement, citing it as a major issue.

Supply Chain Planning Software 107

Supply Chain Planning Software Supply Chain Software Collaboration Supply Chains 107

Logistics Viewpoints

FEBRUARY 3, 2022

Companies knew this, which is why 93% of senior supply chain leaders surveyed in May 2020 by consulting firm McKinsey planned to increase inventories of key products and materials while also diversifying their supply base and localizing or regionalizing both supply and production. A change to one link (e.g. on-time delivery).

Inventory Reduction 126

Inventory Reduction Supply Chain Planning Software Supply Chain Design Software Inventory 126

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 2018 survey by GEODIS, only 6% of supply chain professionals worldwide believed their companies had achieved supply chain visibility ?

Supply Chain Software 111

Supply Chain Software Supply Chain Planning Software Definition Supply Chains 111

Logistics Viewpoints

AUGUST 29, 2022

In the case of network-based risk management solutions, a network of users is connected to carefully curated real-time alerts generated by connections to a huge number of online publications, social media feeds, and third-party purchased data. One of the players in this market, Resilinc, is monitoring 105 million data sources.

Supply Chain Planning Software 101

Supply Chain Planning Software Supply Chain Design Software Manufacturing Procurement Supply Chain Software 101

SYSPRO Smarter ERP

SEPTEMBER 1, 2022

More Australians are also now purchasing locally produced goods, and research from Roy Morgan found 96 per cent of Australians prefer to buy locally made products. Data-driven decision making to maximize value for manufacturing. A digital roadmap requires access to accurate, real-time, and actionable data.

Manufacturing Procurement 105

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

Logistics Viewpoints

NOVEMBER 18, 2021

Expectations for short delivery times, 100% fulfillment accuracy, and large product selection and availability have become a key deciding factor on which customers make their purchase decisions. The key here is in analyzing data in real time – tasks which are well suited for AI. Workforce Planning. Again, a problem well suited for AI.

Optimization Software 129

Optimization Software Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software 129

Logistics Viewpoints

FEBRUARY 11, 2021

At the same time, the Chief Purchasing Officer (CPO) has taken on a pivotal role by securing Personal Protective Equipment (PPE) to protect the workforce and direct materials when primary sources fail. The Chief Supply Chain Officer (CSCO) has gained prominence as organizations tackle the disruption and prepare for a post-COVID world.

Manufacturing Procurement 108

Manufacturing Procurement Supply Chain Planning Software Sourcing Strategies Procurement Solutions 108

Logistics Viewpoints

MARCH 6, 2023

GEON Performance Solutions purchases plastic pellets and add plastic compounders to make products of different strength, resilience, and flexibility. At a high level, what GEON does is purchase plastic pellets and add plastic compounders to make products of different strength, resilience, and flexibility.

Supply Chain Planning Software 123

Supply Chain Planning Software Supply Chain Transformation Scenario Planning Supply Chain Software 123

Logistics Viewpoints

SEPTEMBER 7, 2022

Only through this extensive mapping can you see that it may be because there’s a Tier 5 supplier who is not able to get the rare earth mineral out of China that goes into the microprocessor (we purchase). The company had access to huge amounts of trade data, for example. We can’t get the data. But I was skeptical.

Supply Chain Software 102

Supply Chain Software Supply Chains Optimal Sourcing Procurement Solutions 102

Locus

MAY 20, 2024

A recent survey forecasts that retail sales will soar to $32.76 BORIS – Buy Online Return In Store BORIS is another omnichannel fulfillment model where consumers can return their previously purchased online orders at nearby physical stores. If there is one industry that continues to scale robustly, it is Retail.

Inventory Reduction 98

Inventory Reduction Logistics Network Optimization Software Cost Reduction Optimization Software 98

Logistics Bureau

JANUARY 7, 2020

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. There is also the question of ethical procurement and purchasing to consider. .

Supply Chain Design Software 111

Supply Chain Design Software Supply Chain Design Inventory Reduction Cost Reduction 111

3PL Links

JULY 20, 2023

Transportation delays, cargo theft, a lack of monitoring, human errors, and data failures due to obsolete information are just a few of the frequent problems that harm business profitability and customer relationships, whether B2B or B2C. When it comes to perishable goods, small errors might result in significant losses.

Supply Chain Planning Software 62

Supply Chain Planning Software Supply Chain Software Supply Chains Scenario Planning 62

Logistics Bureau

SEPTEMBER 28, 2020

It is at this level that 4PL providers come into their own, making use of digital technologies such as big data and cloud computing to maintain visibility in every link in the supply chain. The survey noted that at least 80 percent of respondents plan to hike logistics outsourcing budgets beyond warehousing and fulfilment in 2020.

4PL 98

4PL Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Design Software 98

Ship Monk

JANUARY 19, 2024

An ecommerce store is a branded website where products from a single seller can be purchased over the internet. You can build a customer list (a valuable asset if you ever sell your company), engage with those customers, and learn from collected data on their shopping behavior. You have a direct relationship with your customers.

eCommerce 105

eCommerce Logistics Network Optimization Software Optimization Software Purchasing Skills 105

Ship Monk

SEPTEMBER 14, 2023

They’re researching before they purchase, and they’re purchasing wherever and whenever they see something they like. Social commerce — Facebook, Pinterest, and Instagram used to be strictly places for inspiration and peer recommendations, with links that would redirect a consumer to a website or marketplace to make a purchase.

Inventory Reduction 64

Inventory Reduction Price Reduction Cost Reduction eCommerce 64

Logistics Bureau

OCTOBER 26, 2020

As legislation focuses ever more heavily on environmental protection though, and consumers increasingly consider sustainability in their purchasing decisions, all supply chain organisations will need to find the way forward. Meanwhile, Big Data analytics, AI, and machine learning can have a significant impact on supply chains.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Software Supply Chains Scenario Planning 98

Blue Grace Logistics

NOVEMBER 10, 2023

TO PREVENT EQUIPMENT DOWNTIME In many manufacturing or assembly plants, unplanned equipment downtime is costly; a recent survey by ABB put the average cost at $125,000 per hour. One reason is to motivate them to continue purchasing with the company, says Mike Nemeroff, chief executive officer and co-founder.

Logistics Network Optimization Software 116

Logistics Network Optimization Software Freight Supply Chain Planning Software Inventory Reduction 116

Logistics Bureau

DECEMBER 6, 2024

You will need to invest in software that can extract data from your company’s ERP, WMS, and other business information systems and utilize it within a meticulously designed framework to create the gamification experience. A survey conducted by TalentLMS found that 89% of employees believe that gamification makes them more productive.

Supply Chain Design Software 73

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 73

Logistics Viewpoints

MAY 10, 2022

Does it require manual data entry? Survey your users to avoid unseen pitfalls and make sure you’re actually purchasing a solution that provides a good user experience. Examine the warehouse and ask which activities are significantly tedious, boring, confusing, painful, or repetitive. Does it involve the same repetitive motion?

Vendor Strategies 100

Vendor Strategies Waste Reduction Cost Reduction Optimization Software 100

Logistics Viewpoints

FEBRUARY 8, 2022

As physical stores opened, shut down and re-opened again, consumers became more flexible in the way they shop for, and purchase, just about every product. In more complex situations, they gather the right data and the right decision makers in a “war room” environment where various resolution scenarios can be explored and initiated.

Optimal Sourcing 100

Optimal Sourcing Logistics Network Optimization Software Supply Chain Planning Software Optimization Software 100

Logistics Business Magazine

JUNE 25, 2024

To make matters worse, importers of fast-moving consumer goods (FMCGs), for example, have no choice but to purchase their products in Asia or countries outside Europe for cost reasons. Current surveys show that in Germany, for example, on average only one in ten companies is able to respond to a serious disaster within 24 hours.

Supply Chain Design Software 56

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 56

Logistics Bureau

DECEMBER 3, 2024

As legislation focuses ever more heavily on environmental protection though, and consumers increasingly consider sustainability in their purchasing decisions, all supply chain organisations will need to find the way forward. Meanwhile, Big Data analytics, AI, and machine learning can have a significant impact on supply chains.

Supply Chain Planning Software 72

Supply Chain Planning Software Supply Chain Software Supply Chains Optimal Sourcing 72

Ship Monk

DECEMBER 27, 2023

Back in 2013, in a survey of 250 supply chain executives, more than half of them reported picking error rates of 3-4%, with each mistake costing the company an estimated $22. Identify problem areas by setting KPIs and collecting data. But let’s take a look at accuracy. Add training or alter processes to improve those areas.

eCommerce 64

eCommerce Inventory Reduction Waste Reduction Cost Reduction 64

Locus

OCTOBER 27, 2023

These robust data points shine a light on a prevalent challenge: a number of businesses still grapple with delivering customer experiences that are consistently delightful or even passably satisfactory. For distances beyond, it automatically picks conventional vehicles, ensuring speedy deliveries, optimal fuel use, and controlled costs.

Optimization Software 59

Optimization Software Logistics Network Optimization Software Cost Reduction Expense Reduction 59

Logistics Bureau

JANUARY 21, 2025

On surveying its corporate customers, however, the company discovered that product standardisation and reliability were often more important to its business clientele, and adjusted its offering and its metrics appropriately. Purchase Price Variance (PPV) is an example.

Supply Chain Design Software 40

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 40