Logistics Business Magazine

DECEMBER 11, 2022

While it’s imperative to focus on budgets and business initiatives that will take precedence over the next year, it’s just as important to keep an eye on the big-picture trends that are shaping the industry. o9 Solutions’ supply chain experts and leaders are sharing their insights on the trends that could become prevalent in 2023 and beyond.

Supply Chain Planning Software 59

Supply Chain Planning Software Supply Chain Software Supply Chains Trends 59

SYSPRO Smarter ERP

APRIL 11, 2022

survey , 57% of manufacturing CFOs agree that proficiency and knowledge to create an effective plan to operationalize and transition the business into a digitalized and automated manufacturer is the most critical factor globally. The modern CFO. According to the 2021 SYSPRO CFO 4.0 Managing cashflow and maximizing profitability.

Manufacturing Procurement 105

Manufacturing Procurement ERP Distribution Supply Chain Design Software 105

AIMMS

JUNE 16, 2020

Our 2018- 2019 Network Design Survey showed that the majority of organizations are still relying on spreadsheets (nearly 60%) and gut feel (15%) to make network design decisions. What we’re seeing is not just a trend towards changing materials/part suppliers, but also warehousing and logistics suppliers. .

Scenario Planning 144

Scenario Planning Supply Chain Design Software Supply Chain Design Optimization Modeling 144

Freightos

AUGUST 14, 2023

In one example, an employee of Varda, a SpaceX-like company, began to publicly attempt to replicate the study and had over 10,000 people tuning in to watch a live stream of rocks in a furnace. We’ve been here before with Blockchain and Tradelens, which launched in 2018 and was done by the end of Q1 2023 – a good example of hype waves.

Price Reduction 98

Price Reduction Logistics Network Optimization Software Material Savings Supply Chain Software 98

Logistics Business Magazine

MAY 7, 2020

This is evidenced by the “Branchencheck Flurförderzeuge” (“Industrial Trucks Sector Check”), an extensive market survey conducted by Vogel Communications Group. Particularly well represented in the survey were logistics services providers and the mechanical engineering and automotive sectors.

Materials Handling 36

Materials Handling Manufacturing Procurement Survey Sourcing Strategies 36

Talking Logistics

MAY 6, 2019

In fact, two-thirds of the companies we surveyed characterized their omni-channel fulfillment performance (relative to peers in their industry) as average or below, with 30 percent characterizing it as below average. The Inventory Accuracy “Confidence Gap”. What are the main causes of this “confidence gap” in inventory accuracy?

Inventory 83

Inventory Optimal Sourcing Supply Chain Software Optimization Software 83

Logistics Viewpoints

JANUARY 26, 2021

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. In fact, IT spend as a percent of business capex crossed over the prior ~10 year average in 2019 and we see that trend extending in early 2020.”. A Positive Example.

Supply Chain Software 161

Supply Chain Software Supply Chain Planning Software Definition Supply Chains 161

AIMMS

JUNE 16, 2020

Our 2018- 2019 Network Design Survey showed that the majority of organizations are still relying on spreadsheets (nearly 60%) and gut feel (15%) to make network design decisions. What we’re seeing is not just a trend towards changing materials/part suppliers, but also warehousing and logistics suppliers. .

Scenario Planning 71

Scenario Planning Supply Chain Design Software Supply Chain Design Optimization Modeling 71

Logistics Business Magazine

SEPTEMBER 22, 2022

The trend is to not simply respond to problems, but to analyse data and simulate scenarios proactively to enable customers to have maximum availability. The example of the TGW Logistics Group shows why these services are worthwhile. Example: TGW Logistics Group.

Logistics Network Optimization Software 64

Logistics Network Optimization Software Supply Chain Software Material Savings Security 64

Material Handling and Logistics

OCTOBER 30, 2018

It’s not news to anyone that digitization is a roaring trend and I’m here to say: embrace it. In a recent Forrester study, they found the problem to be poor quality data. Change can be a good thing, particularly when it comes to getting a better handle on your supply chain spend. Digitization is Your Friend.

Optimal Sourcing 166

Optimal Sourcing Procurement Solutions Procurement Analytics Procurement 166

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. According to a study by The Insight Partners , the global 4PL market was valued in terms of revenue at $56,472.1

4PL 116

4PL Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Design Software 116

GlobalTranz

SEPTEMBER 4, 2018

Recently, our company has generated some reports of internal data and surveyed a collection of companies to better get an idea of trends in the manufacturing industry. The Trends that Will Forever Shape Manufacturing in 2018 & Beyond. 74% to 79%. GET YOUR FREE WHITE PAPER. DOWNLOAD WHITE PAPER.

MRP 54

MRP White Paper Trends Survey 54

GlobalTranz

APRIL 1, 2016

The lean manufacturing revolution of the 1970s, the outsourcing trend of the 1990s and the automation of the 2000s set the stage for the digital transformation we are seeing today. The 52 percent who aren't ready will soon be playing catch-up to companies on the cutting edge of these trends. Industry 4.0

Modeling Software 78

Modeling Software Optimization Software Price Reduction Resource Reduction 78

GoShip Blog

JULY 21, 2022

For example, the geographical location might be a vital basis for segmentation for a small local business. Studying the gaps in the market where some demands are left unsatisfied paves the way for creating a product that fills those gaps. You can get this input through reviews, surveys, questionnaires, interviews, and forums.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Analysis Study Digital 52

IoT World Today

MARCH 27, 2020

These tools will become the foundation on which supply chain managers gain insight into their markets and erratic supply and demand trends. Another Statista study indicated that 44% of retailers expect delays and 40% expect inventory shortages given coronavirus disruptions on the supply chain.

Supply Chain Planning Software 145

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

ShipLilly

JUNE 23, 2021

There are examples of artificial intelligence being used to achieve these goals. For example, an online movie platform can prepare a recommended list for users based on their profile and previous behavioral patterns. For example, a comparative analysis of sales and inventory will raise red flags if there are shortages or gluts.

Optimal Sourcing 87

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Supply Chain Design Software 87

Blue Grace Logistics

MAY 7, 2019

However, according to this McKinsey study, most industries report supply chain and logistics cost in the range of 1.8% A 2013 study by Ernst & Young aptly highlighted the importance of CFO’s involvement in the supply chain. Supply chain and transportation are two of the biggest cost centers in an organization.

Negotiating Skills 48

Negotiating Skills Purchasing Skills Supply Chain Planning Software Supply Chain Software 48

Talking Logistics

SEPTEMBER 24, 2018

In fact, two-thirds of the companies surveyed characterized their omni-channel fulfillment performance (relative to peers in their industry) as average or below, with 30 percent characterizing it as below average. For additional insights from the research study and recommendations, please download the report.

Optimal Sourcing 76

Optimal Sourcing Inventory Nodes Manufacturing Procurement 76

3PL Links

DECEMBER 3, 2023

Predictive Analysis in Logistics and Supply Chain: How to Apply | Image source: Pexels In logistics, predictive analysis is simply the process of identifying and forecasting patterns, trends, and behaviors in both human and machine learning approaches, data, and algorithms. This ratio increased to 54% in 2022.

Supply Chain Planning Software 48

Supply Chain Planning Software Optimal Sourcing Analysis Supply Chain Software 48

GlobalTranz

NOVEMBER 19, 2018

WHITE PAPER] The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018. To know the most difficult challenges as perceived by supply chain professionals, we turn to the SCM World’s 2017 Future of Supply Chain survey. GET YOUR COPY HERE. Download White Paper. The same could be said about natural disasters.

Supply Chain Design 75

Supply Chain Design Supply Chains Scenario Planning Optimal Sourcing 75

Blue Grace Logistics

OCTOBER 29, 2021

A recent study from Congress found that while 46% of the national workforce is made up of women, females hold only 24% of transportation and warehousing jobs. Convoy’s ERGs are a great example of this effort and are at the heart of our community and key to fostering a sense of belonging at the company. Of that 24%, 12.5%

Resource Reduction 62

Resource Reduction How To Sourcing Strategies Groups 62

WorkWave

JANUARY 18, 2021

The data provided by analytics can help you find trends that lead to more informed decisions and improved operations. According to various studies, there is value to enhancing the customer experience: Companies with a customer experience mindset drive revenue 4-8% higher than the rest of their industries.

Sourcing Strategies 98

Sourcing Strategies Inventory Reduction Tips Supply Chain Software 98

Logistics Viewpoints

OCTOBER 5, 2021

A recent study revealed that 63% of manufacturers and retailers, and 60% of logistics providers, believe their efforts to create end-to-end visibility are yielding the single greatest return on investment of all their execution strategies today. More Than Ever, Acting Sustainably Makes Good Business Sense. And with good reason.

Optimal Sourcing 127

Optimal Sourcing Resource Reduction Supply Chain Software Supply Chain Design Software 127

Conger

JULY 30, 2021

For example, a customer can buy from a store’s website and have it shipped to their home. So for example, a buyer can purchase from the store’s website and have it shipped to the store for pickup. Two trends are driving companies to adopt omnichannel distribution strategies: Competition. Improved Sales. Customer service.

Inventory Reduction 52

Inventory Reduction Distribution Vendor Strategies Waste Reduction 52

Logistics Viewpoints

FEBRUARY 8, 2022

For example, they might browse products online, but visit a brick-and-mortar store to finalize their selection. These e-commerce trends are placing increasing pressure on logistics teams to keep up with demand volatility, provide incredibly fast delivery, and reliably fulfill all their promises to customers and consumers.

Optimal Sourcing 113

Optimal Sourcing Logistics Network Optimization Software Supply Chain Planning Software Optimization Software 113

GlobalTranz

FEBRUARY 6, 2018

WHITE PAPER] The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018. a pair of jeans that didn’t come from a sweatshop, for example. Download white paper. The inefficiencies that plague supply chains have seemingly been around forever. Maybe Ethereum could provide a long-needed solution.

Supply Chain Design Software 164

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

Logistics Business Magazine

AUGUST 2, 2022

They could of course do both – cutting back on eating out, for example, reducing hospitality trade demand, but investing more in entertaining at home and thus buying more groceries. On the demand side, the ‘cost of living crisis’ is becoming a reality. But again, this isn’t necessarily a facility that makes sense to operate all year round.

Cost Reduction 58

Cost Reduction Expense Reduction Inventory Reduction Price Reduction 58

Blue Grace Logistics

SEPTEMBER 12, 2017

According to the findings from the “26th Annual Study of Logistics and Transportation Trends (Masters of Logistics)”, more companies are beginning to understand that new business models and new competition in the field are changing customer expectations. and 30.9%, respectively,” says Logistics Management.

Cost Reduction 66

Cost Reduction Logistics Network Optimization Software Price Reduction Sourcing Strategies 66

WorkWave

MARCH 4, 2020

According to a study that tracks consumer trends , more than 6 out of 10 consumers search Google for reviews. There are a few ways to do this: Include a survey at the bottom of receipts. For example, if a company installs A/C units they may want to use a software solution to streamline the customer experience.

Procurement Solutions 72

Procurement Solutions Purchasing Skills Buyer Training Purchasing 72

Ship Monk

AUGUST 30, 2023

According to an ongoing study of 3,036 Shopify stores, the average conversion rate (visits that resulted in purchases) in 2022 was 1.3%. In fact, studies show that the more expensive your product or purchase type (such as a subscription), the more visits they will make before purchasing. Even when done well, it’s a miserably low rate.

eCommerce 52

eCommerce How To Procurement Analytics Purchasing Skills 52

GlobalTranz

DECEMBER 23, 2014

The Impact of 3D Printing in the Supply Chain and Logistics Arenas: As we noted in our top issues in American Manufacturing series, 3D printing is a key trend and applications manufacturers are paying attention to over the next decade. I hope you enjoy! Read the Full Blog Post. You can find the infographic at the bottom of this post.

Supply Chain Planning Software 94

Supply Chain Planning Software Blog Supply Chain Software Supply Chains 94

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

Buyer Training Cost Reduction Resource Reduction Optimization Software 104

Blue Grace Logistics

SEPTEMBER 19, 2019

As it is with most problems there is a lack of a clear and concise definition, according to an MIT study which conducted a survey of the apparel industry only to find wildly different results. The study showed that consumers place a higher value in a company that can prove the ethical treatment of their workers.

Definition 48

Definition Supply Chain Design Supply Chains Manufacturing Procurement 48

Material Handling and Logistics

AUGUST 14, 2018

Companies that recognize and capitalize on this trend will succeed, with smart technology investments and astute strategic choices separating winners from losers.". An example of the impact technology can have was cited by a CLDA speaker from a major CPG manufacturer (unidentified because of restrictions imposed by conference organizers).

Logistics Network Optimization Software 148

Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Software Modeling Software 148

WorkWave

MARCH 4, 2020

Market research aims to understand why consumers buy a product by blending economic trends and consumer behavior. Primary Research can be conducted via: Interviews; Surveys; Questionnaires; Focus/user groups; Test markets. Utilizing surveys, focus groups, and reading reviews, are all great ways to gain consumer feedback.

Tips 52

Tips Purchasing Skills Sourcing Strategies How To 52

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. Unfortunately, businesses have gotten into the slump of ignoring this trend for much of the past few decades.

Reverse logistics 110

Reverse logistics Material Savings Cost Reduction Logistics Network Optimization Software 110

Trinity Logistics

APRIL 28, 2022

A survey of long-haul truck drivers by the National Institute for Occupational Safety and Health (NIOSH) in 2014 found that 69 percent of truck drivers were obese, with 17 percent being morbidly so. In a survey by Trucker Tools, 76 percent of truck drivers said they wanted to be more active. Today, we’ll be focusing on exercise.

Exercises 62

Exercises How To Trucking Tips 62