Ship Monk

FEBRUARY 9, 2024

This type of data must be actively gathered by researching market trends, analyzing the competitive landscape, conducting consumer surveys and focus groups. A reorder point is the point at which the inventory level for a particular product falls below the quantity necessary to maintain adequate lead time demand and safety stock.

eCommerce 105

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Locus

MAY 20, 2024

A recent survey forecasts that retail sales will soar to $32.76 For retail businesses, SLAs are critical to establish clear performance standards and maintain service quality. Schedule a demo References [link] The post The Essential List of Logistics Acronyms and Abbreviations for Retailers appeared first on Locus Blog.

Inventory Reduction 98

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Locus

OCTOBER 7, 2022

A consumer survey showed that 55% of consumers will switch their retail brands if they find their delivery times are too slow. However, should a business invest their capital in building and maintaining their solution from scratch, or simply purchase an off-the-shelf solution? Schedule Demo.

Logistics Network Optimization Software 52

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Locus

MAY 2, 2023

Watch the Webinar Key takeaways from the webinar Evolution of retail e-commerce logistics: During the 1970s and 1980s, businesses primarily relied on retail outlets to sell their products, allowing brands to maintain complete control over customer experience. Schedule a demo with us!

Eliminating Excel in Purchasing 52

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Locus

FEBRUARY 7, 2022

John had his work cut out for himself as he had to suddenly handle greater complexity while maintaining the same standards. According to a McKinsey survey , close to 70 percent of consumers switched brands and retailers if they found a product to be out of stock. Take the example of last year’s holiday season. Share and Enjoy !

Optimization Software 52

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Locus

AUGUST 7, 2023

Surveys reveal that timely deliveries play a vital role in consumer decision-making, with an overwhelming 96% of customers equating fast delivery with same-day delivery. Schedule a Demo References: [link] [link] [link] [link] The post Embracing Strategic Digitalization to Stay Ahead of Tech Obsolescence appeared first on Locus Blog.

Negotiating Skills 52

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Locus

SEPTEMBER 19, 2023

Locus one-of-a-kind last mile maturity assessment survey provides a business-tailored extensive report that touches upon five major aspects of last mile operations: customer experience, analytics, last mile excellence, workforce empowerment, and sustainability. This is what prompted businesses to fill out the Last Mile Maturity Assessment.

Supply Chain Software 52

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EazyStock

JUNE 21, 2022

In an Accenture survey , supply chain leaders said they would continue to invest more in cloud computing over the coming years. It also reduces costs associated with managing and maintaining IT systems in the long run. As your supply chain grows and evolves, your methods and tools should too.

Supply Chain Planning Software 52

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RPA Labs

JULY 22, 2021

To maintain a competitive edge in the shipping and logistics industry, businesses must follow a few best practices to improve freight forwarding customer service. Freight invoicing involves maintaining the checks and balances of the shipper. Throughout any business, customer service is a vital operation from start to finish.

Freight forwarding 40

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RPA Labs

JULY 22, 2021

To maintain a competitive edge in the shipping and logistics industry, businesses must follow a few best practices to improve freight forwarding customer service. Freight invoicing involves maintaining the checks and balances of the shipper. Throughout any business, customer service is a vital operation from start to finish.

Freight forwarding 40

Freight forwarding Logistics Network Optimization Software Expense Reduction Freight 40

Locus

SEPTEMBER 13, 2022

A survey forecasts that there will be a driver shortage of 97,000 by 2023. Third-party logistics service providers must maintain a profit margin on making deliveries. It is difficult to consistently maintain the profit margins when you use an outsourced fleet due to its hidden costs like added commissions. Schedule Demo.

Outsourcing 52

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RPA Labs

AUGUST 26, 2021

According to Supply & Demand Chain Executive , a recent industry survey showed that just under 50% of companies plan to increase their RPA spending budget in the coming years. Request a demo of RPA Labs chatbot to get started. Digital skill sets become critical for ongoing growth and success.

Supply Chain Software 40

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RPA Labs

AUGUST 26, 2021

According to Supply & Demand Chain Executive , a recent industry survey showed that just under 50% of companies plan to increase their RPA spending budget in the coming years. Request a demo of RPA Labs chatbot to get started. Digital skill sets become critical for ongoing growth and success.

Supply Chain Software 40

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Locus

JUNE 9, 2023

A recent Insider Intelligence survey confirms this by stating that last-mile delivery contributes to more than 53% of shipping costs. Vehicle maintenance costs Vehicle maintenance costs are expenses in maintaining the vehicle’s health, including its wear and tear, overheads, and necessary repairs.

Cost Reduction 52

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Locus

JUNE 9, 2023

A recent Insider Intelligence survey confirms this by stating that last-mile delivery contributes to more than 53% of shipping costs. Vehicle maintenance costs Vehicle maintenance costs are expenses in maintaining the vehicle’s health, including its wear and tear, overheads, and necessary repairs.

Cost Reduction 52

Cost Reduction Transportation Supply Chain Planning Software Optimization Software 52

Locus

JUNE 21, 2022

According to a Statista report , one-third of the respondents of a survey of key stakeholders from postal, parcel, and logistics enterprises say the biggest challenge in last mile delivery in North America is the lack of qualified drivers for hire, closely followed by last-mile process inefficiencies. Schedule Demo.

Supply Chain Planning Software 52

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Locus

MARCH 20, 2023

The survey conducted by MetaPack highlights that more than 90% of customers consider delivery a crucial factor when making online purchases. Another survey by Deloitte found that 63% of consumers are willing to pay extra for same-day delivery. There’s also a growing trend of customers prioritizing fast delivery options.

Efficiency 52

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WorkWave

MAY 16, 2023

Additionally, a recent survey from the U.S. Understanding this DOT reset hour rule is crucial to maintaining a healthy work-life balance. BOOK DEMO The post 34-Hour Reset Rule for Truck Drivers: A Detailed Breakdown appeared first on WorkWave. Table of Contents [Open] [Close] What is the 34-Hour Reset Rule?

Expense Reduction 52

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Turvo

JUNE 16, 2020

Top Challenges for 3PLs in Building their Unique Value Proposition The challenges of maintaining a strong presence and value proposition as a 3PL are not small. Managing e-commerce is a major concern for 34% of respondents, a new high for that category in the history of this survey. Unfortunately, it’s never quite that simple.

Logistics Network Optimization Software 64

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Locus

OCTOBER 21, 2022

According to McKinsey’s latest consumer pulse survey, Spending in March 2020 was down by 18% as compared to two years later. Carefully curated fulfillment journeys, maintaining real-time visibility driver and order status, and managing customer expectations can help you get there. Schedule Demo.

Supply Chain Planning Software 52

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Locus

SEPTEMBER 14, 2021

According to McKinsey Consumer Pulse surveys undertaken by the firm, close to 75% of people that are using digital channels for the first time will continue to do so even after normalcy is restored. To know how you can make the best of the peak season, click here to sign up for a demo with Locus today. Share and Enjoy !

Negotiating Skills 52

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Freightos

APRIL 16, 2025

importers, with a Freightos survey revealing rising concern just before the 90-day freeze. Fresh data from a comprehensive survey of some importers, mostly based in the US, who use the Freightos Marketplace for imports reveals the depth of concern and the tangible impacts these policy shifts are having on the ground.

Price Reduction 71

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WorkWave

NOVEMBER 12, 2024

For instance, approximately 41% of surveyed households in New Orleans reported encountering cockroaches, indicating the high prevalence of this pest in the region. Consequently, awareness about maintaining hygiene and the dangers of pests leads to increased demand for pest management solutions. Book your free demo today!

Trends 105

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