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. These are often EDI messages.

Collaboration 170

Collaboration Supply Chain Planning Software Optimal Sourcing Modeling Software 170

Logistics Viewpoints

NOVEMBER 19, 2024

When shoppers were asked what would put them off making more ecommerce purchases in the future, 21% indicated they’d had negative delivery experiences, 20% said deliveries were not reliable, and 17% were dissatisfied with the delivery process. Similarly, maintaining a strong chain of custody (e.g.,

Cost Reduction 102

Cost Reduction Resource Reduction Price Reduction Vendor Strategies 102

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

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. For example, manufacturers may invest in re-useable product packaging and containers to move goods to co-packers or retailers, cutting plastic out of the equation.

Supply Chain Design Software 129

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 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. As an example, the new administration in the U.S. This calls for a constant review and changes in supplier mix.

Manufacturing Procurement 144

Manufacturing Procurement Supply Chain Planning Software Sourcing Strategies Procurement Solutions 144

Material Handling and Logistics

OCTOBER 30, 2018

Successful procurement leaders are operating smarter by leveraging analytics and technology such as integrated suites to generate clean data (at least if they have a unified data mode) and master data management solutions for addressing issues in back end systems, cleaning and normalizing suppliers’ records, for example. Boost Your Employees.

Optimal Sourcing 166

Optimal Sourcing Procurement Solutions Procurement Analytics Procurement 166

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 188

Inventory Reduction Supply Chain Planning Software Supply Chain Design Software Inventory 188

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

Conger

JULY 28, 2022

Plenty of examples of warehousing. Geological Survey. Perhaps the most prominent fulfillment center example is Amazon’s fulfillment centers. For example, take Co-op Partners Warehouse in St. Reverse logistics warehouses process returned items, such as consumer electronics that buyers have sent back after purchasing.

Examples 52

Examples Definition Supply Chain Design Software Supply Chain Software 52

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. For example, confectioner Mars is building deeper relationships with fewer palm oil suppliers to increase their ability to monitor and impact deforestation.

Supply Chain Planning Software 188

Supply Chain Planning Software Supply Chains Material Savings Waste Reduction 188

Ship Monk

APRIL 28, 2023

According to the Business of Sustainability Index , despite intense inflation since 2020, 66% of general US customers and 80% of young adult (ages 18-34) US customers surveyed in 2022 are willing to pay more for sustainable products/companies that embrace sustainable practices. Tell customers what you are supporting and why.

eCommerce 97

eCommerce Waste Reduction How To Material Savings 97

Logistics Bureau

APRIL 18, 2019

Source: Council of Supply Chain Management Professionals 2017 Survey. Purchasing Manager. Otherwise, there are the engineering, quality, purchasing, or warehouse management positions to consider. Sourcing and Purchasing. “I Purchasing and Inventory Clerk. Maintenance Operative, Supervisor, or Manager.

Manufacturing Procurement 104

Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software Supply Chain Design 104

Logistics Viewpoints

JUNE 28, 2024

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. The company is selling Coyote for $775 million less than the purchase price. billion in 2015.

Purchasing Skills 127

Purchasing Skills Logistics Network Optimization Software Waste Reduction Price Reduction 127

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 fascination with AI technology and the large, expected payoff is driving a great deal of enthusiasm in many companies.

Optimization Software 169

Optimization Software Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software 169

IoT World Today

MARCH 27, 2020

The Institute for Supply Management, which conducts monthly economic surveys, found that nearly three-quarters of the companies it contacted in late February and early March reported some kind of supply chain disruption. But 44% of respondents didn’t have a plan to deal with it.

Supply Chain Planning Software 145

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Procurement Analytics 145

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

Freightos

FEBRUARY 4, 2020

For example, combining FBX and trucking data, FreightWaves have shown that as prices fluctuate, the cheapest way to ship from Asia to Chicago can flip from US West Coast to East Coast, or vice versa – an insight impossible to take advantage of without real-time price information. Freight is somewhat notorious for price opacity.

Optimal Sourcing 124

Optimal Sourcing Purchasing Skills Procurement Analytics Optimization Software 124

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 157

Supply Chain Planning Software Supply Chain Transformation Scenario Planning Supply Chain Software 157

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 169

Supply Chain Software Supply Chain Planning Software Definition Supply Chains 169

Stord

NOVEMBER 13, 2024

According to a survey by the National Retail Federation, retailers can earn approximately 20% of their annual sales during the Black Friday to Christmas shopping period. Put another way, only 3 out of 10 customers will complete the purchase. BFCM by the Numbers Data from 2023 showed a record-setting turnout of 200.4

Inventory Reduction 148

Inventory Reduction How To Cost Reduction Procurement Solutions 148

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. For example, a manufacturer might have a supplier in Hanoi they purchase key components from.

Supply Chain Planning Software 127

Supply Chain Planning Software Supply Chain Design Software Manufacturing Procurement Supply Chain Software 127

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. If the item can’t be recovered and resold, you’ve also lost the money you’ve invested in manufacturing or purchasing, shipping and storing it in your warehouse (a.k.a. Let’s take apparel, for example.

Procurement Solutions 111

Procurement Solutions Inventory Reduction Supply Chain Planning Software Material Savings 111

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. Supply Chain and Business Success By the Numbers. Now for those statistics I mentioned.

Supply Chain Design Software 131

Supply Chain Design Software Supply Chain Design Inventory Reduction Cost Reduction 131

Logistics Bureau

JANUARY 9, 2019

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. Supply Chain and Business Success By the Numbers. Now for those statistics I mentioned.

Supply Chain Design Software 118

Supply Chain Design Software Supply Chain Design Inventory Reduction Cost Reduction 118

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 157

Supply Chain Planning Software Supply Chain Software Supply Chains Optimization Software 157

Material Handling and Logistics

JULY 29, 2018

Retailers such as Walmart have rigorous standards and will only purchase from suppliers who meet these standards. About 11% of carriers have vehicles that use a fuel other than diesel or biodiesel blends, according to a 2016 survey by ATRI. They have been both reducing their energy usage and investing in alternative fuels. In the U.S.,

Sourcing Strategies 133

Sourcing Strategies Cost Reduction Price Reduction Material Savings 133

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

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 90

Manufacturing Procurement Supply Chain Software Trends Supply Chain Planning Software 90

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

GlobalTranz

APRIL 6, 2021

For example, many supply chain resiliency plans may have considered a health crisis in which organizations and key partners face lower-than-normal staffing levels. For example, hand sanitizer sales spiked 313% during one week in February 2020, according to reports from Nielsen. 2020 Was A Year Of Supply Chain Disruption. Overall, U.S.

Supply Chain Planning Software 75

Supply Chain Planning Software Supply Chain Software Supply Chains Manufacturing Procurement 75

Logistics Bureau

SEPTEMBER 28, 2020

The key difference between the two can perhaps be explained in the following example: A 3PL provider working with a paint manufacturer may package and store products as well as transport them to retailers and/or customers. The best example of a 4PL model is Amazon.com. Amazon: A Hard 4PL Act to Follow. Some Australian 4PL Models.

4PL 118

4PL Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Design Software 118

Logistics Viewpoints

MAY 10, 2022

For example, related to warehouse technology, a recent Lucas Systems industry study found 89% of respondents agreed that implementing artificial intelligence-based software within distribution centers can provide a competitive advantage. Technology can play an important part. Consider employee happiness into your ROI calculations.

Vendor Strategies 120

Vendor Strategies Waste Reduction Cost Reduction Optimization Software 120

GlobalTranz

AUGUST 18, 2015

Companies based on assets have had years of experience in purchasing trucks and managing warehouse inventories. Shippers report capacity as their top concern for selecting a 3PL service provider, specifically 65 percent of surveyed shippers. Secondly, technology investment comes in as a concern 58 percent of modern shippers.

Logistics Network Optimization Software 96

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

Logistics Business Magazine

MAY 24, 2018

A new survey analyses the maturity levels of large UK and German companies in their efforts to digitise their supply chain ecosystems – with a focus on sustainability and transparency drivers. The survey among 150 supply chain decision makers* reveals a major difference between Germany and the UK.

Supply Chain Software 32

Supply Chain Software Supply Chain Planning Software Survey Supply Chains 32

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

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. How to Develop a Sustainable Supply Chain. Set Goals and Determine Measurements.

Supply Chain Planning Software 113

Supply Chain Planning Software Supply Chain Software Supply Chains Scenario Planning 113

Bringg

JANUARY 24, 2019

Shoppers today are demanding an unprecedented level of control over when, where, and how they purchase and receive goods and services. One example is Ocado , the UK grocer which built automated customer fulfillment centers where everything is operated using an automated order fulfillment platform.

Automation 83

Automation Optimization Software Modeling Software Logistics Network Optimization Software 83