GlobalTranz

JANUARY 10, 2017

From artificial intelligence to refocusing on procurement, the state of supply chain continued to explode throughout 2016, and you need to understand why. A 2016 Accenture survey, reports RF Gen , explained how more companies are taking advantage of AI benefits through linked supply chains. The State of Supply Chain 2016 Trends.

Manufacturing Procurement 65

Manufacturing Procurement Optimal Sourcing Procurement Analytics Procurement Solutions 65

Logistics Viewpoints

FEBRUARY 7, 2024

A recent ARC survey looked at reasons to address sustainability. This survey included over 400 respondents across a number of industries. For example, most people expect free next-day delivery for online purchases as a result of Amazon Prime. Consumer expectations are constantly shifting and challenging the industry.

Supply Chain Design Software 125

Supply Chain Design Software Supply Chain Software Supply Chain Design Supply Chains 125

Logistics Viewpoints

AUGUST 5, 2021

In MIT’s State of Supply Chain Sustainability 2021 , 80% of executives surveyed said the pandemic either had no impact on their commitment or increased it. PwC reports that almost half of assets under management are held by investment firms committed to decarbonization. Leading supply chains tackle sustainability in a variety of ways.

Supply Chain Planning Software 128

Supply Chain Planning Software Supply Chains Material Savings Waste Reduction 128

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. Sourcing and supply chains working in a siloed manner can cause significant delays, resulting in lost revenue upside while escalating costs.

Manufacturing Procurement 112

Manufacturing Procurement Supply Chain Planning Software Sourcing Strategies Procurement Solutions 112

GlobalTranz

FEBRUARY 19, 2016

As time passed, procurement gradually gained a larger role in the scope of manufacturing and order fulfillment. By the mid-1950s , procurement had become a commonplace aspect of minor business, and procurement was almost comparable to secretarial work. Why Is Technology Driving Procurement Trends and the Role of Procurement?

Manufacturing Procurement 56

Manufacturing Procurement Optimal Sourcing Procurement Analytics Procurement Solutions 56

Logistics Viewpoints

MARCH 3, 2025

According to a survey by ARC Advisory Group, only 10% of industrial companies are ready to apply artificial intelligence/machine learning. What Celanese has accomplished is the single best example ARC is aware of employing agentic AI and copilots at scale. We needed to model the data in a way that we can do simple searching.

Packing 73

Packing Supply Chain Design Software Negotiating Skills Supply Chain Planning Software 73

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 131

Inventory Reduction Supply Chain Planning Software Supply Chain Design Software Inventory 131

Freightos

FEBRUARY 4, 2020

The concept of an index, reporting the market price for a specific good, was developed precisely for this reason. As a result, nearly every industry has created on-demand metrics to gauge market performance, hedge risks, and to power intelligent decisions. But despite its size, containerized freight’s poor visibility persisted.

Optimal Sourcing 125

Optimal Sourcing Purchasing Skills Procurement Analytics Optimization Software 125

Logistics Viewpoints

JANUARY 27, 2021

The return rate on e-commerce purchases is typically at least double that of in-store purchases. In my latest omni-channel fulfillment survey, respondents were asked about how they handle returns, from a process standpoint as well as from a cost recovery standpoint. Another example is on damaged items.

Purchasing Skills 109

Purchasing Skills Expense Reduction Cost Reduction Procurement Analytics 109

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. SCCN solutions provide supply chain visibility and analytics across an extended supply chain.

Collaboration 117

Collaboration Supply Chain Planning Software Optimal Sourcing Modeling Software 117

Logistics Viewpoints

JUNE 23, 2021

An understanding of these dynamics was the goal of ARC’s survey-based research conducted with DC Velocity earlier this year (see DC Velocity Infographic in June 2021 issue). Our survey was conducted with respondents across manufacturing, wholesale, retail, and logistics service provider (3PL) sectors.

Ordering 107

Ordering Manufacturing Procurement Survey Picking 107

Ship Monk

MARCH 11, 2024

Did you know that 93% of consumers say that online reviews influence their purchase decisions? And when we feel uncertain, humans tend to look for examples of what others in our situation have done. We’ll give you some examples of social proof, and we’ll even rank them in terms of trustworthiness. What is Social Proof?

eCommerce 105

eCommerce Logistics Network Optimization Software Case Study Procurement Solutions 105

GlobalTranz

NOVEMBER 21, 2017

Some supply chain companies are leaning on the power of analytics to help streamline their processes and get ahead of their competitors. But many companies have struggled to embrace the relationship between using analytics and implementing changes that can improve business performance. The simpler the model, the more likely the use.

Supply Chain Software 69

Supply Chain Software Procurement Analytics Supply Chains Data 69

GlobalTranz

AUGUST 18, 2015

Companies based on assets have had years of experience in purchasing trucks and managing warehouse inventories. What Data Analytics and Business Process Strategy Services Are Offered? Shippers report capacity as their top concern for selecting a 3PL service provider, specifically 65 percent of surveyed shippers.

Logistics Network Optimization Software 96

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

SYSPRO Smarter ERP

MARCH 21, 2022

Several surveys have reported how SCM in recent years has moved from being a cost center to one responsible for offering superior customer experience and delivering competitive advantage. In a survey on the use of software in supply chain planning, most of the organizations were found to be using manual or outdated methods.

Manufacturing Procurement 116

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

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

Trinity Logistics

NOVEMBER 13, 2023

DIFFICULTY FINDING LABOR DIVERSIFYING WORKFORCE TECHNOLOGY IS TAKING OVER INCREASING CYBERSECURITY CARBON NEUTRALITY BUILDING RESILIENT SUPPLY CHAINS DIFFICULTY FINDING LABOR Manufacturers are still struggling to find labor, with a recent Deloitte survey estimating that the manufacturing sector will be short 2.1 Industry 4.0 Industry 4.0

Manufacturing Procurement 118

Manufacturing Procurement Supply Chain Software Trends Supply Chain Planning Software 118

Logistics Viewpoints

JUNE 28, 2024

The company said that it used 85,916 metric tons of single-use plastic that year, an 11.6 The information the companies gather could, for example, allow managers to receive information about unexpected frost harming cherry production or information about harvesting delays, which could result in inventory changes. billion in 2015.

Purchasing Skills 113

Purchasing Skills Logistics Network Optimization Software Waste Reduction Price Reduction 113

Material Handling and Logistics

AUGUST 31, 2018

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. For example, using smartphones and tablets instead of barcode scanners can make it easier to train your employees and for them to get work done.

Supply Chain Design Software 145

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

Logistics Bureau

DECEMBER 6, 2024

Indeed, gamification is becoming an increasingly popular feature across the entire supply chain, from procurement to last-mile delivery. Essentially, gamification is just an expansion of the use of metrics and KPIs to measure human performance. But is gamification really a responsible approach to improving supply chain performance?

Supply Chain Design Software 73

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

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. Conversely, just 8% of businesses with less capable supply chains report above-average growth. Supply Chain and Business Success By the Numbers. Supply Chain Strategy.

Supply Chain Design Software 111

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

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 study of logistics providers conducted by Fraunhofer IML, only 36% of organizations reported that they had a clear overall plan for digital transformation.

Supply Chain Software 117

Supply Chain Software Definition Supply Chain Planning Software Supply Chains 117

Logistics Viewpoints

MAY 3, 2022

But it’s important to remember that while customers want their purchases fast, sometimes even the next day, many care about the environmental impact of that delivery as well. In response to these rising complexities, late last year, Körber commissioned its first ever Supply Chain Benchmarking report.

Supply Chain Design Software 108

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 108

GlobalTranz

MARCH 17, 2016

Purchasing and supply executives predict that the global manufacturing industry will continue to expand. Predictive Data Analytics. Chinese executives see predictive analytics as the key to competing with U.S. Chinese executives see predictive analytics as the key to competing with U.S.

Manufacturing Procurement 64

Manufacturing Procurement Supply Chain Software Supply Chain Design Software Supply Chain Planning Software 64

Logistics Bureau

SEPTEMBER 28, 2020

The third-party logistics model is where a manufacturer retains oversight of its supply chain but outsources processes such as warehousing, shipping, packing, and distribution to a 3PL provider. The best example of a 4PL model is Amazon.com. Some Australian 4PL Models. Amazon: A Hard 4PL Act to Follow. percent over FY19.

4PL 98

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

Ship Monk

FEBRUARY 3, 2024

These people are genuinely interested in your product — so much so, that they have purchased your products. Your products are different, your sales cycle might be longer or shorter, your customers are different — so it’s useless to compare your conversion rate, for example, to an industry average. Show me that you care what I think.

eCommerce 105

eCommerce Tips Procurement Solutions Logistics Network Optimization Software 105

Material Handling and Logistics

JULY 29, 2018

Most every company issues a corporate social responsibility (CSR) report detailing what they have done over the year to comply with the expectations of all of their stakeholders. Retailers such as Walmart have rigorous standards and will only purchase from suppliers who meet these standards. In the U.S.,

Sourcing Strategies 133

Sourcing Strategies Cost Reduction Price Reduction Material Savings 133

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 129

Supply Chain Planning Software Supply Chain Transformation Scenario Planning Supply Chain Software 129

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. It is therefore a lower commitment to become a cloud ERP customer than the high cost of implementing the system on-premise.

Optimization Software 111

Optimization Software ERP Supply Chain Software Manufacturing Procurement 111

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

Logistics Viewpoints

JUNE 12, 2024

According to a survey by McKinsey, 93% of supply chain executives plan to increase their investments in resilience, and 47% of them consider automation and digitization as the top priority. Kongsberg purchased Rolls Royce’s autonomous marine division back in 2018 to help advance its position as a leader in this market.

Supply Chain Planning Software 125

Supply Chain Planning Software Supply Chain Software Supply Chains Optimization Software 125

20Cube Logistics

SEPTEMBER 17, 2021

A recent survey revealed that about 92% of freight forwarders are partnering themselves with technology to optimise their processes and to add value to customers. This saves you valuable time and gives you detailed analytics to help reduce costs too. Why Digital Freight Forwarding Increases Supply Chain Efficiency.

Vendor Strategies 52

Vendor Strategies Supply Chain Design Software Inventory Reduction Supply Chain Planning Software 52

Logistics Bureau

MAY 4, 2016

To paraphrase a saying, the road to supply chain hell is paved with good intentions and bad metrics. From this understanding, supply chain metrics will then ideally be: A few essential measurements that cover all the strategic aspects of the supply chain. Financial metrics to indicate profitability.

Supply Chain Design Software 56

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

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. According to a recent article in Forbes , 48% of consumers today prefer a hybrid shopping model that combines online and in-store components. While driving a projected $14.1

Optimal Sourcing 103

Optimal Sourcing Logistics Network Optimization Software Supply Chain Planning Software Optimization Software 103

GlobalTranz

DECEMBER 7, 2016

percent from 2010 to 2011, and predictions estimate that business-to-business (B2B) sales resulting from e-commerce will make up the majority of sales by 2020, reports Four51. A recent survey, conducted by Handshake , found more than 79 percent of companies providing B2B sales already have customers clamoring for online ordering.

Manufacturing Procurement 87

Manufacturing Procurement Modeling Software Logistics Network Optimization Software Price Reduction 87

Ship Monk

JANUARY 11, 2024

Today we’re going to talk about what you can do, before and after the purchase, to mitigate the damage returns can have on your brand. Sunken costs: This includes the labor and packaging to fulfill the original order, plus shipping, insurance, duties, and any other fees. the cost of goods sold). Let’s take apparel, for example.

Procurement Solutions 111

Procurement Solutions Inventory Reduction Supply Chain Planning Software Material Savings 111

GlobalTranz

NOVEMBER 10, 2015

For these companies, the use of a dedicated transportation management system, such as Cerasis™ Rater , can be deployed to lower transportation costs across the entire supply chain. However, costs can be further reduced through the use of a warehouse management system (WMS). Implementation Costs.

Supply Chain Planning Software 90

Supply Chain Planning Software Optimization Software Inventory Reduction Cost Reduction 90