This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Steve is the Founder and Managing Director of iDev Partners a boutique leadership, business strategy and turnaround consulting firm. About Steve Elwell Steve is the Founder and since 2010 Managing Director of iDev Partners a boutique leadership, business strategy and turnaround consulting firm located in Farmington Hills, MI.
Chip Humitz is the Marketing and Strategy Director at LUDWIG+, a full-service marketing consultancy. Chip has worked in marketing and brand strategy for over 25 years. As a top marketing and branding strategist, Chip explains the key elements of brand building and how it relates to the transportation and logistics space.
Sourcing Strategy: Effective vs Efficient with Ron Crabtree. Joe Lynch and Ron Crabtree discuss sourcing strategy: effective vs efficient. When developing a sourcing strategy, the focus can be effectiveness (gaining desired results) or on efficiency (reducing cost, labor, and resources used). About Ron Crabtree. Ron Crabtree.
And these aren’t just passive viewers; they’re active participants, discovering new products, engaging with brands, and ready to buy. This organic discovery, combined with the ability to purchase directly within the app, creates a frictionless experience that drives conversions. Why is TikTok Shop so effective?
Over his 30+ year career in the supply chain, Richard has worked with manufacturers around the world in operations, supply chain, and lean strategy roles to develop systems that can manage complex supply chains on a global scale. Richard previously founded and led Factory Logic, Inc. acquired by SAP). The Greenscreens.ai
There are a lot of conversations happening relative to all sorts of strategies for supply chains (and no lack of consultants who want to sell you on the latest and greatest ideas). My thesis here is that the first thing you have to develop and fully understand is your business' go to market strategy. Just do what you say you will do.
Transitioning to sales and marketing, he mastered go-to-market strategies for driving growth. Intelligent Audit provides actionable insights to fine-tune shipping strategies, minimize costs, and maximize efficiency. Progressing from project manager to VP of Product, he revitalized outdated applications into seamless user experiences.
But scaling your operations can be challenging, especially if you’re not equipped with the right strategies and tools. In this blog post, we’ll explore some key strategies for scaling your ecommerce business in 2025. As we embark on a new year, many ecommerce businesses are setting ambitious goals for growth.
Upon fulfilling the transition obligations of Merchantry to Tradeshift, Watson directed the cross-border product strategy of Pitney Bowes, a $450M business, comprised of Borderfree and the eBay Global Shipping Program. As a traditional retailer, Target couldn’t just copy Amazon’s strategy. Rick Watson. RMW Commerce.
Image source: iStocks | The Ultimate Guide to Fleet Management: Strategies to Control and Optimize Your Processes Investing in a fleet management system results in an improvement in internal processes, which directly reflects the quality of the service provided to the end customer. Or when it is time to purchase new vehicles?
Upon fulfilling the transition obligations of Merchantry to Tradeshift, Watson directed the cross-border product strategy of Pitney Bowes, a $450M business, comprised of Borderfree and the eBay Global Shipping Program. As a traditional retailer, Target couldn’t just copy Amazon’s strategy. Rick Watson. RMW Commerce.
A recent halt in market growth for retail leader Adidas, reminds organizations about the importance to assess their supply chain excellencestrategies. However, it asks us to question whether a the right supply chain excellence model is being followed. billion people purchased goods online’ in 2018 ’; this valued at 2.8
3PLex was then purchased by Maersk. Cambridge Capital leverages BGSA’s unique approach to strategy-led investment banking for the supply chain. Ecommerce fulfillment is the backbone of the direct-to-consumer supply chain and to successful, fulfillment companies must excel at both technology and warehousing & logistics.
Your customer has three main touch points as they get to know your product: 1) When they see it in the store and buy it 2) When it is delivered (If delivered) 3) The first time they use it. Hunt Final Mile Services is also doing an excellent job, especially with big, bulky, and heavy products.
Inventory management is a crucial aspect of supply chain management, and effective strategies can help businesses reduce costs, improve customer service, and increase profits. But what does a great inventory management strategy look like? Amazon did not invent the random storage approach.
On one hand, consumers expect to increase their online purchases post-pandemic. Retailers and delivery services companies that can break through today’s cycle of mediocre home delivery performance stand an excellent chance of improving customer loyalty and growing market share. Here are three charts that paint the whole picture.
There will be little relief in 2022 unless the factors driving the increased import volumes—a strong economy and the fundamental shift in consumer behavior to purchase more goods and less services—change. Near or re-shoring sourcing strategies will be evaluated to “shorten” supply chains and gain greater control of supply chain performance.
Electric Forklift Rental vs. Purchase When you rent an electric forklift, you pay as you go, avoiding the upfront cost of buying one , which usually costs around $30,000. Purchase When you rent an electric forklift, you pay as you go, avoiding the upfront cost of buying one , which usually costs around $30,000.
Implementing an analytics strategy, and in particular implementing prescriptive analytics, can significantly improve revenues and drive down costs. Getting buy-in agreement and changing your company culture to embrace analytics is often more difficult. How do you get buy-in and agreement? Operations Research Skills.
A new study released today by the Global E-Commerce Leaders Forum ( GELF) highlights growth and distribution strategies brands and retailers should implement to optimize international e-commerce operations now and in the future. The results address several core decisions that are driving the evolution of organizations today: .
Implementing an analytics strategy, and in particular implementing prescriptive analytics, can significantly improve revenues and drive down costs. Getting buy-in agreement and changing your company culture to embrace analytics is often more difficult. How do you get buy-in and agreement? Operations Research Skills.
A brand’s goal is to maximize order value and repeat purchase rate, while minimizing variable product and shipping costs, optimizing ad costs, and keeping overhead costs low. Well they achieved it by deploying these exact strategies. Brands can go further still in finding margin saving parcel strategies.
It’s no secret that manufacturing companies around the world are rethinking their supply chain strategies. With shortages occurring in unexpected sectors and lockdown strategies impacting logistics, companies looked at reshoring to stabilize and strengthen their supply chains.
Operational excellence, of course. This allows customers to go to one place to purchase any of our services. When I asked Sonny about the build vs. buy decision, he explained that they did both. What do shipper’s look for in a logistics partner? What factors are driving these expectations?
Second, the pandemic kicked online buying and home delivery into “high gear” as many consumers embraced its convenience and dramatically expanded the scope of their online purchasing. Consumers are making purchasing decisions based upon environmental impact. What are your sustainable delivery strategies?
Driven by strong organic growth and a strategy of acquisitions to better meet market needs, the RAJA Group has become a key player in the field of business supplies and equipment. The post RAJA shares growth strategy with suppliers appeared first on Logistics Business® Magazine.
To remain competitive, retailers and carriers must excel in the crucial last-mile delivery stage. To Build or To Buy Companies looking to implement new or improve existing delivery technology face a crucial decision: should they build an in-house platform or buy an existing solution from a vendor?
In this blog post, we’ll discuss key strategies to help you navigate the shipping challenges of 2025 and beyond. Shifts in the Market: Pitney Bowes: In 2024, Pitney Bowes made headlines with aggressive pricing strategies. Strategies for Combating Rising Costs Don’t worry, though!
Here are seven proven strategies every supply chain manager should explore to streamline operations, boost efficiency, and drive profitability. Automation involves an initial investment, but the long-term cost savings in labor and operational efficiency often provide an excellent return on investment.
These acquisitions form part of Heppner’s international growth strategy, designed to strengthen the Group’s distribution capacity in Western Germany and increase its competitiveness in the French and German transport markets. “We are delighted to embark upon this new chapter between Heppner and our company.
3PLex was then purchased by Maersk. Cambridge Capital leverages BGSA’s unique approach to strategy-led investment banking for the supply chain. Ecommerce fulfillment is the backbone of the direct-to-consumer supply chain and to successful, fulfillment companies must excel at both technology and warehousing & logistics.
The session featured executives sharing actionable insights on leadership development, business strategy and creating inclusive workplaces. She is passionate about operational excellence, engaging directly with customers and attracting and retaining top talent with a people-centric culture. ’ That’s absolutely not true.
You need a solid strategy, a lot of hard work, a little bit of patience, and just a dash of luck. Luckily , we can help you with the strategy part. Here’s the scoop: Confused buyers don’t buy. If prospective buyers see that your products are knocking socks off, they’ll feel much more inclined to make a purchase.
So everything in the retailer’s Supply Chain strategy needs to be focused on the customer, and of course the shareholders, that goes without saying. That’s why retailers place so much focus on buying well. For example, buying in large quantities from suppliers, to get a lower unit cost. And they have very different dynamics.
But scaling your operations can be challenging, especially if you’re not equipped with the right strategies and tools. In this blog post, we’ll explore some key strategies for scaling your ecommerce business in 2025. As we embark on a new year, many ecommerce businesses are setting ambitious goals for growth.
This strategy creates a subscription-based revenue stream, while the physical good itself is often a one-time purchase. With this strategy, monetization is not a direct outcome, but a way to build partnerships and expand market share. Share data for partnership and growth. Data can also enable cross-sector collaboration.
Peters and Waterman in their best, sellerIn Search for Excellence identify one of the eight factors of organisational success as sticking to the knitting. Reduction in asset capital.Warehouses and vehicles are expensive to purchase or lease and can tieupmillions of dollars that could otherwise be invested in the core business of the firm.
This not only improves the customer experience with your brand but also increases the likelihood that they will buy from you again. This prevents buying too much or too little product, reducing costs and storage space. It is a smart strategy to cut costs, increase efficiency, and satisfy customers more.
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. They also want excellent service, which includes fast, increasingly on-demand delivery and hassle-free cancellation and returns.
Theme 2: Online buying will fuel home delivery growth, challenges and new strategies. In 2023, consumers will be less forgiving and poised to buy from retailers whose delivery performance is commensurate with the rest of the shopping experience. Figure 1: U.S. Container Import Volume Year-over-Year Comparison.
However, should a business invest their capital in building and maintaining their solution from scratch, or simply purchase an off-the-shelf solution? Below are key takeaways from the session “ Buy vs Build? How To Get The Best of Both Worlds from Your Last Mile ”. Holistically consider the costs. How does that bring value to you?
New supply chain strategies. To meet these needs, supply chain strategies need to focus on “right-size” fulfillment footprints. This strategy can efficiently bring large format goods to residents the way they want and when they want. Managing delivery exceptions for excellent customer experience. An end-to-end approach.
Buying a forklift can be difficult, especially if you do it for the first time. If you’re buying a used forklift, you can also look for things like damage to the forklift forks , gaps in the lift chains, mast operations, the condition of the battery, and more. So, this post is your ultimate guide to buying a forklift.
It takes time and energy to find and build relationships with the people who will buy from you in the future, which is why so many companies rely on lead generation software and other tools to simplify their workflow. It’s critical to think about how you will retain customers after they make a purchase. A lead is a potential customer.
We organize all of the trending information in your field so you don't have to. Join 84,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content