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. The LevaData solution, for example, speeds up sourcing significantly.

Collaboration 112

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GlobalTranz

AUGUST 20, 2015

This estimate is according to responses provided by 83 percent of the manufacturing executives who participated in a survey conducted as part of an industry study by the Manufacturing Institute and Deloitte Consulting LLP. Skills Shortages. skilled production workers. researchers. machinists. scientists.

Buyer Training 104

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Logistics Viewpoints

NOVEMBER 19, 2024

For example, price-conscious consumers don’t need an expensive next-day delivery option; instead, delivery service with a longer lead time but lower cost will appeal to this group. Of serious concern for retailers, many consumers cited delivery issues as a potential barrier to future online buying.

Cost Reduction 83

Cost Reduction Resource Reduction Price Reduction Vendor Strategies 83

ShipLilly

NOVEMBER 15, 2022

For example, Long Beach was down by 2.7% The American Shipper often commissions surveys about marine traffic and ship position data and port queue lists. These surveys indicate that the number of ships waiting off the Northern American ports has risen to 150 since January. Inbound volumes have declined since then.

Survey 98

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GlobalTranz

JULY 8, 2015

For example, a returned product may only require rewrapping of exterior for sale to a secondary consumer. However, 70 percent of respondents within the survey saw Reverse Logistics as a burdensome cost for the business. For example, customers may favor your company over your competitors when you implement an RLS.

Reverse logistics 110

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GlobalTranz

SEPTEMBER 4, 2015

In a Logistics Viewpoint survey , 50 percent of businesses reported sharing inventory across all channels or engaging in omni-channel practices. For example, e-commerce applications may be used to generate automated order picking, fulfillment, and shipping.

Supply Chain Planning Software 106

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GlobalTranz

APRIL 21, 2017

For example, everyone knows that sales will peak around the holidays, but analytics can identify peaks that happen when you think you are in a lull. A 2017 survey of shippers found that up to 40 percent are concerned over continued delays and failure to deliver products on time and as expected. The Big Picture.

Supply Chain Planning Software 64

Supply Chain Planning Software Vendor Strategies Optimization Software Inventory Reduction 64

Penske Move Ahead

AUGUST 27, 2024

The National Private Truck Council's 2024 Benchmarking Survey found that shipments and volume increased last year as private fleets positioned themselves as a value-added transportation solution. Inbound freight volumes also increased, with private carriers hauling 35% of inbound freight, up from 31% in 2023.

Sourcing Strategies 54

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GlobalTranz

JANUARY 17, 2017

For example, the analysis of procurement processes and expense trends might help companies select alternative or new suppliers, change the flow of supplies to optimize delivery time tables and enhance payment processes, such as double billing complaints. VR tends to replace the entire image. billion by 2021.

Manufacturing Procurement 82

Manufacturing Procurement Procurement Analytics Expense Reduction Material Savings 82

GlobalTranz

NOVEMBER 10, 2015

For example, reducing excessive safety stock allows a warehouse to minimize number of reorders, reduce wasted space, and avoid issues in shipping errors. In a Software Advice survey , respondents were asked to identify how the implementation costs of a WMS affected their decision. Implementation Costs.

Supply Chain Planning Software 90

Supply Chain Planning Software Optimization Software Inventory Reduction Cost Reduction 90

GlobalTranz

DECEMBER 23, 2014

Just as in the following five examples that reveal interesting data, best practices, and tips related to the supply chain. Supply Chain 2014 Infographic: The State of the Supply Chain: I recently came across an interesting infographic from SAPinsider and insiderPROFILES that showcased a survey around the State of Supply Chain 2014.

Supply Chain Planning Software 94

Supply Chain Planning Software Blog Supply Chain Software Supply Chains 94

GlobalTranz

AUGUST 18, 2015

Shippers report capacity as their top concern for selecting a 3PL service provider, specifically 65 percent of surveyed shippers. For example, a shipper may want to take advantage of transportation management systems (TMS), which enhance visibility and improve transportation management.

Logistics Network Optimization Software 96

Logistics Network Optimization Software Procurement Analytics Inventory Reduction Supply Chain Software 96

GlobalTranz

NOVEMBER 21, 2016

In fact, using a TMS solution decreases freight costs for more than 60 percent of companies surveyed, reports ARC Insights. For example, do you need less-than-truckload (LTL), small package, full truckload (FT) or freight consolidation? More recent studies have found similar results. Ask About How Optimization Is Achieved.

Negotiating Skills 79

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GlobalTranz

MARCH 9, 2015

A recent survey conducted by ETF has revealed that 3PL service providers are quite optimistic regarding their company’s business prospects in the next 12 months. The ETF survey has found that 32% of manufacturers and retailers interviewed expect their 3PL companies to have at least some expertise or knowledge of augmented reality.

Outsourcing 96

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GlobalTranz

DECEMBER 7, 2016

A recent survey, conducted by Handshake , found more than 79 percent of companies providing B2B sales already have customers clamoring for online ordering. For example, the Cerasis Rater enables B2B sales by allowing other B2B partners to request automatically reorders, retrieve freight rates and offer e-commerce fulfillment and shipment.

Manufacturing Procurement 87

Manufacturing Procurement Modeling Software Logistics Network Optimization Software Price Reduction 87

Transporeon

SEPTEMBER 20, 2018

carriers have reported that they have been at capacity utilization rates of 95% and higher from the last quarter of 2017 through mid-2018, as evidenced by recent surveys conducted on the Transporeon platform. Nearly half of U.S.

Price Reduction 101

Price Reduction Cost Reduction Resource Reduction Capacity 101

GlobalTranz

JANUARY 9, 2017

Per GT Nexus , 75 percent of executives surveyed recognized the digital supply chain as an important factor for the next five years. For example, an optimized supply chain is good, but it opens more opportunities for errors. However, this prediction proved to only touch on how important the digital supply chain would become.

Supply Chain Software 79

Supply Chain Software Supply Chains Optimal Sourcing Digital 79

GlobalTranz

JULY 29, 2016

More than 1,500 people participated in the survey. The majority of survey participants believe that they can deal with all of this only through the promotion of creativity in companies. They were from sixty countries and thirty-three branches.

Survey 52

Survey Modeling Webinar Inbound 52

GlobalTranz

NOVEMBER 21, 2017

for example, used predictive analytics to make changes in their inventory processes and have since seen an increase in their production and purchase orders. The Cleo Integration Suite (CIS) , for example, promotes itself as an easy-to-use platform that can integrate seamlessly into your pre-existing software. Hanesbrand Inc. ,

Supply Chain Software 69

Supply Chain Software Procurement Analytics Supply Chains Data 69

GlobalTranz

MAY 28, 2015

For example, tracking customers’ locations and researching their interests can tell you what type of articles and reviews they prefer to read, as some of your visitors may like short informative content forms and the other ones will require more details and explanations. Personalized E-Mail Campaign.

Supply Chain Software 93

Supply Chain Software Vendor Strategies Supply Chains Waste Reduction 93

Talking Logistics

MAY 22, 2017

Profile your customers and survey the competitive landscape to establish the minimum base of your service offerings. Your customers are expecting that too: an Inbound Logistics survey found that 78 percent of respondents rated service as more important than cost, and 39 percent said poor customer service was the reason 3PL partnerships fail.

Logistics Network Optimization Software 34

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GlobalTranz

MAY 23, 2017

Google 'percent of B2B purchases that start with a search' and you'll see many studies showing that the number is somewhere around 66% to 93%, and many of these surveys are a year or two old. Here is an example from one of our clients: Over 4.6 This blog is a notable example for manufacturing companies. Read the story here.

Manufacturing Procurement 75

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GlobalTranz

JUNE 15, 2017

Several techniques in this relation were already developed for you, for example, a 380-degree survey. A self-assessment is fine, but can often lead to the exhilarated depiction of a logistics expert. The unpleasant or unexpected things may happen, no one has an antidote.

Buyer Training 84

Buyer Training Logistics Network Optimization Software Vendor Strategies Supply Chain Software 84

GlobalTranz

JANUARY 10, 2017

A 2016 Accenture survey, reports RF Gen , explained how more companies are taking advantage of AI benefits through linked supply chains. For example, planning, purchase order placement, manufacturing floor information logistics operations and beyond became essential variables in the goal of creating a more agile supply chain.

Manufacturing Procurement 65

Manufacturing Procurement Optimal Sourcing Procurement Analytics Procurement Solutions 65

GlobalTranz

DECEMBER 17, 2014

For example, on average the cost savings from automating a manually processes purchase order is $9.89, for an invoice is $11.58 Looking at 2013 research, 46% of the companies surveyed use EDI “heavily” with an additional 31% reporting “some: EDI usage. and a remittance is $12.96.

Supply Chain Software 93

Supply Chain Software Sourcing Strategies Expense Reduction Cost Reduction 93

GlobalTranz

AUGUST 4, 2015

For example, if there are 5,000 of a component in the plant in all its various forms, and it goes into two final products that are each projected to ship 100 per day, the cycle time for that component is 5,000/200 = 25 days. Infographic: Connecting the Dots to Optimize Manufacturing and Business Performance.

Manufacturing Procurement 99

Manufacturing Procurement Procurement Analytics Optimization Software Optimization 99

GlobalTranz

FEBRUARY 6, 2018

There’s certainly no shortage of demand for better quality in sourcing: 8 out of 10 British consumers check the origin of their food, while a survey from 2015 found that 72% of Millennials would be willing to pay more for products or services offered by companies committed to positive social and environmental impact.

Supply Chain Design Software 164

Supply Chain Design Software Supply Chain Software Supply Chain Design Supply Chains 164

Blue Grace Logistics

NOVEMBER 10, 2023

Kroll | Inbound Logistics November 2023 “Shippers have to weigh the cost of expediting against the downstream impact of shipments arriving later,” says Kevin Schultz, president and co-founder of 357 Company, a logistics provider. Here’s an example. Christmas trees arriving after December 24 are useless,” Milsom notes.

Logistics Network Optimization Software 116

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GlobalTranz

APRIL 5, 2016

For example, the Cerasis Rater enables rapid reporting, tracking of KPIs, and review of asset-allocation quickly and easily. In the 2015 3PL perspectives guide from Inbound Logistics, the following graphs show us the state of 3PL Logistics Companies giving us perspective on both the greatest challenges facings shippers and 3PLs.

Negotiating Skills 55

Negotiating Skills Logistics Network Optimization Software 3PL Purchasing Skills 55

Talking Logistics

JUNE 5, 2017

In countless surveys over the past decade, manufacturers and retailers rank “improving supply chain visibility” as one of their top priorities. Take BMW as the latest example. Inbound deliveries to factories/warehouses. Work in Process (WIP) at suppliers. Shipment status at ocean ports. Customs clearance status. View Results.

Supply Chain Software 79

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Logistics Viewpoints

FEBRUARY 8, 2022

For example, they might browse products online, but visit a brick-and-mortar store to finalize their selection. As just one example, Nike’s online sales grew by 75% in 2020 — but its profit margins fell from 45.5% due to the higher costs associated with online selling. While driving a projected $14.1

Optimal Sourcing 101

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GlobalTranz

DECEMBER 22, 2016

Meanwhile, 79 percent of manufacturers and distributors, surveyed by Handshake , reported increasing use of e-commerce to meet customer demand, and the role of business-to-business e-commerce has become more of concern for up to 63 percent of companies. For example, big data is all the data compiled and analyzed.

Trends 78

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GlobalTranz

JANUARY 28, 2016

Additionally, 81 percent of students who participated in Manufacturing Day 2015 who were surveyed showed an increased interest in pursuing a manufacturing career. For example, the Hirschvogel Automotive Group launched a program to teach students the art and skill set of working as a machinist in a die and punch shop .

Manufacturing Procurement 77

Manufacturing Procurement Sourcing Strategies Buyer Training Material Savings 77

GlobalTranz

OCTOBER 10, 2017

A recent survey of customer service experiences, reports DC Velocity , revealed many retailers feel current technologies do not address their customer service needs, and as few as 3 percent of retailers site full support as part of their current systems. Essentially, shippers need to track these 11 metrics.

Cost Reduction 61

Cost Reduction Waste Reduction Expense Reduction Logistics Network Optimization Software 61

GlobalTranz

FEBRUARY 25, 2015

What is an Example of Internet of Things? IBM’s Smarter Planet team created a 5-minute video that wholly explains Internet of Things and provides a brilliant example. In fact, he said IoT had the potential to change the world, just like the internet did (or “even more so”). According to Gartner, Inc.,

Manufacturing Procurement 107

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GlobalTranz

FEBRUARY 12, 2016

A recent study found that 80 percent of respondents, discovered in a survey by Packaging World magazine, own a tablet, asserts Apriso's Transformation Manufacturing Blog. No, imagine this example applied to 10 different warehouses or ordering centers. This example would imply only 15 employees can use one ream of paper per day.

Cost Reduction 57

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PINC

OCTOBER 2, 2019

Say, for example, a driver is nearing the end of his hours of service (HOS) limit as he pulls his tractor trailer into the yard. According to ATRI, the drivers and carriers it surveyed for the report offered some key practices that they believe improve efficiency and minimize detention delays. Not Pocket Change.

Waste Reduction 51

Waste Reduction Cost Reduction Trucking Picking 51