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Jim Bierfeldt and Joe Lynch discuss the logistics buyers survey created by Jim and his team at Logistics Marketing Advisors. His expertise includes strategic planning, brand positioning, advertising, public relations, website strategy and design, and development of white papers, case studies and other content. About Jim Bierfeldt.
A recent study of home delivery sustainability found that 83% of consumers aged 18-24 and 71% of 25-34-year-olds consider the environment when making a purchase, compared to only 43% of consumers aged 65 and older. Similarly, maintaining a strong chain of custody (e.g.,
The survey was conducted by ISACA and the Digital Manufacturing and Design Innovation Institute (DMDII) in August 2018, captured responses from 167 participants from across ISACA, DMDII and Manufacturing Extension Partnership stakeholders. Three-quarters of U.S. manufacturing firms have fewer than 20 employees and 98% have fewer than 500.
Data for the BlueGrace Logistics Confidence Index is aggregated through a survey of shippers and reflects all freight transportation modes, while correlating growth or shrinkage to the overall industry volume of shipments and the price of products, according to BlueGrace. READ THE FULL ARTICLE
A 2023 survey by the International Trade Centre found that 73% of small and medium-sized enterprises identified regulatory compliance as a major barrier to international trade. Maintaining compliance is non-negotiable in a world where trade rules are constantly evolving. The importance of global compliance cannot be overstated.
Additionally, customer demand for green solutions is surging, with a McKinsey survey indicating that 60% of consumers are willing to pay a premium for sustainable delivery services. M&A activity in this area reflects a strategic pivot toward regional self-sufficiency while maintaining global competitiveness.
However, surveys show that roughly half of supply chain organizations are not even looking at the possibilities of the technology. Blockchain is a decentralized database or spreadsheet (often referred to as a “digital ledger”) that is maintained and updated by a network of participating computers. Lexology.com writer, Marc S.
But maintaining this is easier said than done. Create your own user feedback survey. Browse case studies to find out how AIMMS is used to tackle network design challenges at companies like Shell and TNT Express. . It may be time to revisit your tooling. Take the quiz below to find out how you score and how you can improve!
Ninety-six percent of Americans have made at least one online purchase and 51% of those surveyed say they prefer to shop online. In a recent survey , 96% of survey participants said the availability of free shipping impacts their purchase decision. Consumers are deciding when, where, and how they shop. Fast delivery matters.
According to a new study by Deloitte, 71% of Americans plan to head to the stores and online over the Thanksgiving weekend (Thanksgiving through Cyber Monday). Most people maintain the perception that the best deals are on Black Friday, but it’s also become a day for spending time with family and friends.
The following five mini case studies explore a few high-profile companies that have managed to sustain their supply chain cost-reduction efforts and keep expenses under control. The Path to Cost Reduction: As in a number of the studies we’ve explored here, technology played a large part in solving Sunsweet’s problems. Sunsweet Growers.
For these companies, maintaining profitability while protecting their margins hinges on operational efficiency and the strategic use of data. For example, AI can analyze employee engagement metrics, absenteeism patterns and feedback surveys to identify leading indicators of employee retention challenges.
Their associate engagement survey allows Ferguson to understand the driver’s impacting engagement across their 31,000 employees. The survey focuses on four engagement questions on advocacy, pride, satisfaction and commitment. 56% of employees surveyed were engaged. Ferguson does 20 to 30 studies a year using this tool.
The LCI surveys a diverse portfolio of shippers across different verticals, including consumer packaged goods (CPG), industrial and manufacturing and direct-to-consumer business. Here’s some key highlights from the Q3 2023 LCI: Anticipated revenue maintains a positive trend. Inventory optimization.
Nearly 60 percent of those surveyed reported waiting for longer than two hours on each load. This is in line with data collected by a DAT solutions survey showing that 63 percent of drivers say they spend more than three hours waiting when loading and unloading. Freightwaves also collected data on driver wait times. billion to $1.3
Q1 optimism seen in BlueGrace Confidence Index Show Submenu Resources The Logistics Blog® Newsroom Whitepaper Case Study Webinars Indexes Search Search BlueGrace Logistics - December 11, 2023 The recently-released edition of the BlueGrace Logistics Confidence Index issued by Tampa, Fla.-based
According to a survey by ARC Advisory Group, only 10% of industrial companies are ready to apply artificial intelligence/machine learning. ARC has been actively studying industrial AI for over two years. How data is created, used, and maintained must be standardized. Celanese is an exception. Data governance is critical.
According to a survey by the Global Supply Chain Institute, 59% of companies reported that supply chain disruptions resulted in increased administrative work. Through these actions, they can mitigate potential losses, maintain the smooth flow of international trade, and safeguard their financial and operational interests.
A GT Nexus study found 75 percent of respondents describe digital transformation of the supply chain as “important.”. That same study found only 5 percent of those surveyed were very satisfied with their digital progress so far. The good news is executives are aware of the importance of digital transformation. Final Thoughts.
This adaptability is crucial for minimizing downtime and maintaining customer satisfaction. A study by PwC found that 66% of surveyed executives anticipate higher supply chain costs as a result of diversifying away from China. Reducing dependence on a single supplier can boost a company’s negotiating power.
We will discuss case studies, future trends, and guidelines for businesses considering whether to invest in this cutting-edge technology. Drones can be programmed to survey specific locations regularly, detecting early signs of pest infestations.
But maintaining this is easier said than done. Create your own user feedback survey. Browse case studies to find out how AIMMS is used to tackle network design challenges at companies like Shell and TNT Express. Take the quiz below to find out how you score and how you can improve!
Understanding the financial impact of these disruptions and exploring effective mitigation strategies is crucial for maintaining a resilient and profitable operation. The Cost of Supply Chain Disruptions Recent studies, including one conducted by Accenture , have highlighted the staggering costs associated with supply chain disruptions.
However, 70 percent of respondents within the survey saw Reverse Logistics as a burdensome cost for the business. As a result, today’s businesses must ensure they have a successful, viable RLS to maintain harmony with public perception. Additionally, the growing concern of the public can be of great benefit to the company.
Shipper's Guide to Planning Ahead Show Submenu Resources The Logistics Blog® News Press Whitepaper Case Study Webinars Indexes Search Search BlueGrace Logistics - March 20, 2023 Data shows there is a consensus that revenue will increase and inventory levels will build. This was seen in the survey.
because there will be a great force of technical specialists to operate and maintain the machines. A 2021 study conducted by Deloitte and the Manufacturing Institute (MI) predicts that 2.1 “So far, our application of universal transfer devices has been rather smooth. We’ve moved slowly in this area.”.
A recent report says that more than 77% of companies said, in a survey, that they are investing in deeper and more collaborative supplier relationships to improve resilience and agility. It directly affects the bottom line, making it crucial to manage effectively.
This type of data must be actively gathered by researching market trends, analyzing the competitive landscape, conducting consumer surveys and focus groups. Qualitative forecasting methods tend to be more expensive than time-series methods, but can reveal insights you might not get from studying numbers. Adjust as needed. Snow happens.
But maintaining this is easier said than done. Take the quiz below to find out how you score and how you can improve! // Create your own user feedback survey. Browse case studies to find out how AIMMS is used to tackle network design challenges at companies like Shell and TNT Express. It may be time to revisit your tooling.
This will enable them to know if products have been maintained within appropriate conditions across the supply chain. And according to the Zebra Food Safety Supply Chain Vision Study, only an average of 37% of industry decision-makers and 20% of consumers place complete trust in the industry to ensure food and beverage safety.
The second case study was about Meritus Health in Hagerstown, Maryland , and I want to go into a little more depth here about an element that has, so far, been a keystone to the positive changes they are seeing. That control of information and deliberate isolation in the name of maintaining power doesn’t work here. Actually points 1.
In a recent survey by the National Private Truck Council (NPTC), more than a third of all challenges private fleets face are driver-related, like aging drivers and their retirement, recruiting, turnover, hiring, and retention. There are also unanticipated costs to plan for, like liability costs for any accidents or claims. CUSTOMER SERVICE.
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. Mini Case Study: Walmart. Mini Case Study: Whirlpool. Supply Chain Strategy.
Even five years ago, a survey of logistics and warehouse managers found that 85 percent used or planned to use mobile devices in their processes, while 62 percent used or planned to use smartphones or tablets. Many SaaS and cloud-based applications allow distribution centers to operate more fluidly and facilitate remote access.
It is at this level that 4PL providers come into their own, making use of digital technologies such as big data and cloud computing to maintain visibility in every link in the supply chain. According to a study by The Insight Partners , the global 4PL market was valued in terms of revenue at $56,472.1 million USD in 2019.
According to a survey by Deloitte from 2014, 79 % of companies with high-performing supply chains achieve revenue growth greater than the average within their industries. In 2014, a survey by Tompkins Consortium delivered a shocking revelation. The success of your business is inextricably linked to the performance of your supply chain.
A study by Forrester Consulting and Bloomreach shows that around 50% of customers have ordered products online for the first time, products they had previously bought only in bricks-and-mortar retail stores (such as food). Nevertheless, a Kantar study predicts that e-commerce will emerge from the Corona crisis as a major winner.
All this helps to maintain productivity, even during periods of stress. The parameters for maintaining inventory are well-curated and recorded using artificial intelligence. A survey carried out by McKinsey indicated that 61% of supply chain executives had reported decreased costs following the adoption of AI. Wrapping up.
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. While on the surface this may not seem like a way to recruit more women into the transportation industry, it is a way to foster and maintain a dynamic, open-minded culture.
In a survey conducted by Statista, 63.7% You can do this in the form of case studies or by encouraging user-generated content. It may seem like case studies only happen in the corporate world, but that doesn’t have to be the case. of people said that their usage of YouTube increased, 62.3%
A consumer survey showed that 55% of consumers will switch their retail brands if they find their delivery times are too slow. However, should a business invest their capital in building and maintaining their solution from scratch, or simply purchase an off-the-shelf solution? Match the pace of innovation with evolving trends.
Maintaining processes and process steps which add little or no value for customers. It’s certainly something to consider if you currently maintain a single-sourcing strategy. A survey by Bain and Company found that savings from cross-functional supply chain management initiatives could be in the order of 10 to 20 percent.
What many companies need is a repeatable way to build and maintain relationships. Studies show that this is true, yet few companies apply Inbound marketing ideas to the entire customer journey. Do you track, study, and improve the customer startup process? The answer isn’t hard to understand, but it is hard to achieve.
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