Logistics Viewpoints

APRIL 14, 2022

Experts from North Carolina State University and GEP conducted a survey on supply chain, procurement and IT leaders to determine their challenges and priorities, focusing on examining gaps in the supply chain. The study found that these leaders considered the largest gap to be between supply chain and procurement, citing it as a major issue.

Supply Chain Planning Software 142

Supply Chain Planning Software Supply Chain Software Collaboration Supply Chains 142

Ship Monk

APRIL 5, 2024

The fact is, most business owners think of procurement as nothing more than a transactional relationship. Establish KPIs to track the quality of a vendor’s products and service, in addition to quantitative metrics such as timely deliveries, cost savings, and order accuracy. Was it the last time you placed an order?

Negotiate Pricing 105

Negotiate Pricing Negotiating Skills eCommerce Purchasing Skills 105

SYSPRO Smarter ERP

NOVEMBER 1, 2021

We live in a time where we can purchase almost anything with a click of a button. A B2B e-commerce strategy is therefore becoming increasingly necessary for manufacturing businesses that want to better sell their products or procure the necessary components for manufacturing them. Transitioning to B2B e-Commerce.

Manufacturing Procurement 111

Manufacturing Procurement Supply Chain Planning Software Optimal Sourcing Inventory Reduction 111

Logistics Viewpoints

MARCH 4, 2021

Digital commerce efficiently requires the digitalization of many customer-facing operations and sourcing and procurement. The First Step: Bring all the data together and ensure analytics and planning can happen on the same platform. . Accurate and timely reconciliation of purchase orders with receipts.

Supply Chain Planning Software 166

Supply Chain Planning Software Scenario Planning Supply Chain Software Optimal Sourcing 166

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%. A potential customer might visit your web store multiple times before making a purchase. But the most commonly used benchmark tracks purchases by visits. Anywhere between 0.2%

eCommerce 52

eCommerce How To Procurement Analytics Purchasing Skills 52

Logistics Bureau

NOVEMBER 16, 2020

It touches many departments, from production, procurement, shipping, accounting, and finance to marketing, warehousing, research and development, and sales. For example, a member of the sales team could apply to become a purchasing agent, based on her experience of negotiating sales deals. Why Choose a Job in the Supply Chain Industry?

Supply Chain Planning Software 116

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 116

Logistics Bureau

NOVEMBER 3, 2024

Conversely, just 8% of businesses with less capable supply chains report above-average growth. 2) According to a 2012 report into corporate insolvencies by the Australian Securities and Investments Commission, 44% of businesses in Australia failed because of poor strategic management.

Supply Chain Design Software 82

Supply Chain Design Software Supply Chain Design Inventory Reduction Cost Reduction 82

Logistics Business Magazine

AUGUST 1, 2024

Statistics show that more than half of buyers always check a product online before buying through a physical store, and sometimes they purchase online after visiting the offline store. – Increase Sales and Revenue: Studies show omnichannel customers spend more than single-channel customers. What Is an Omnichannel Warehouse?

Inventory Reduction 51

Inventory Reduction Optimal Sourcing Sourcing Strategies Cost Reduction 51

Logistics Viewpoints

FEBRUARY 28, 2023

Of course, the key to inventory is having the right amount in the right location at the right time to meet customer demand, or face overstocks, high holding costs and eventual markdowns—or alternatively, overpromising, stockouts and lost sales. So how can an Order Management System (OMS) give you an upper hand in the market?

Optimal Sourcing 133

Optimal Sourcing Inventory Reduction Sourcing Strategies Vendor Strategies 133

Logistics Viewpoints

JANUARY 26, 2021

The hyper-focus on meeting customer expectations is also creating pressures upstream in the supply chain, as manufacturers extend visibility and collaboration beyond their own walls to avoid any disruptions. To meet customers’ growing expectations for personalized offerings, the typical company’s product lines have grown exponentially.

Supply Chain Software 171

Supply Chain Software Supply Chain Planning Software Definition Supply Chains 171

TransAudit

DECEMBER 13, 2023

Robust tracking, monitoring, and auditing will be essential for meeting goals. Work with data solution providers to meet emerging transparency regulations. Metrics and Performance Management Legacy supply chain metrics rarely capture the effectiveness of circular supply chains.

Supply Chain Design Software 87

Supply Chain Design Software Supply Chain Design Supply Chain Software Supply Chains 87

Logistics Business Magazine

NOVEMBER 8, 2023

In fact, according to Descartes’ 2023 consumer sentiment study on home delivery sustainability , a sizable 41% of respondents indicated they regularly or always make purchasing decisions based upon the product or company’s environmental impact. What is more, it’s no secret that freight transportation (i.e.,

Waste Reduction 53

Waste Reduction Cost Reduction Transportation Eliminating Excel in Purchasing 53

Penske Move Ahead

OCTOBER 1, 2018

In an era where technology is continuing to migrate consumer spending habits online and away from brick-and-mortar stores, the newly released 2019 Third-Party Logistics Study (#3PLStudy) highlights how supply chains are also going digital and using science to keep pace. The publication, available at no cost at www.3PLStudy.com

Supply Chain Planning Software 30

Supply Chain Planning Software Logistics Network Optimization Software Study Supply Chain Software 30

Logistics Bureau

MAY 30, 2022

From an inventory perspective then, service means maintaining an appropriate level of stock to meet your promises to your customers. On the other hand, carrying too much inventory will impact your operating costs in a number of ways, which can then also affect the prices your customers pay. Warehouse operational costs.

Inventory Reduction 113

Inventory Reduction Cost Reduction Price Reduction Supply Chain Planning Software 113

247 Customs Broker

OCTOBER 1, 2018

Nashville, TN — In an era where technology is continuing to migrate consumer spending habits online and away from brick-and-mortar stores, the newly released 2019 Third-Party Logistics Study (#3PLStudy) highlights how supply chains are also going digital and using science to keep pace. The publication, available at www.3PLStudy.com

Supply Chain Planning Software 28

Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software Modeling Software 28

Logistics Viewpoints

DECEMBER 1, 2022

In the study we conducted in 2022 called “ Ecommerce: Is Retailer Fulfillment and Delivery Performance Keeping Up with Sales Growth? ”, convenience was cited as the number one reason consumers bought online and had their goods delivered—and it is consumers’ intention to have more ecommerce purchases delivered to the home.

Cost Reduction 137

Cost Reduction Resource Reduction Supply Chain Planning Software Logistics Network Optimization Software 137

Penske Move Ahead

SEPTEMBER 17, 2019

Shippers and third-party logistics providers are continuing to collaborate as they find solutions to meet their supply chain goals, improve efficiency, and manage their overall transportation spend. Penske Logistics sponsors both studies. The State of Logistics Report was unveiled earlier this year in Washington, D.C.

Supply Chain Planning Software 36

Supply Chain Planning Software Supply Chain Software Purchasing Skills 3PL 36

Trinity Logistics

NOVEMBER 13, 2023

Many of today’s manufacturing trends are in line with the industry’s goals to improve processes, create more efficiency, and meet consumer demand. To combat the shortage, manufacturers are looking for ways to recruit and retain skilled talent, by raising wages and reskilling current talent to meet company needs.

Manufacturing Procurement 88

Manufacturing Procurement Supply Chain Software Trends Supply Chain Planning Software 88

Logistics Business Magazine

NOVEMBER 24, 2023

Studies show that in some areas, around a third of companies that were unable to fill all vacancies did not receive a single application. As studies show, young people place a high value on flat hierarchies and want modern IT systems in their day-to-day work. Small companies are still excluded from supply chain laws in many countries.

Supply Chain Planning Software 57

Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software Optimization Software 57

GoShip Blog

FEBRUARY 2, 2023

Also, a 2017 study found that over 55% of Americans are loyal to brands with values that resonated with them. What Brand Values Influence Purchase Decisions? There is a worldwide increase in “belief-driven” buyers, who will alter their purchasing decisions based on the presence or absence of shared values with a company.

Sourcing Strategies 52

Sourcing Strategies How To Waste Reduction Eliminating Excel in Purchasing 52

Locus

JUNE 16, 2023

Say you purchase your coveted gadget online, eagerly tracking its journey from warehouse to your welcoming hands. Customer satisfaction and keeping costs in check rests on optimal last-mile delivery operations. Naturally, the costs of meeting such expectations, especially on the delivery front are also increasing.

Cost Reduction 98

Cost Reduction Expense Reduction Inventory Reduction Price Reduction 98

Logistics Business Magazine

AUGUST 11, 2023

Even though many ecommerce merchants use data-backed buying personas, that provide insight into the purchasing decisions of their customers, many are only truly starting to get to grips with the next part associated with buying personas – and that is appreciating that consumers have delivery personas too. What about Millennials and Boomers?

Groups 58

Groups eCommerce Purchasing Skills Procurement Analytics 58

GoShip Blog

APRIL 22, 2022

A successful business is unlikely without studying your audience. When demand forecasting steps into the game, it allows retailers to meet their customers’ needs. You can invest saved costs into more wanted products or launch a new line. The demand predicting execution can seem challenging due to its complexity.

Supply Chain Planning Software 40

Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software Supply Chains 40

Trinity Logistics

NOVEMBER 11, 2022

Many of today’s manufacturing trends are in line with the industry’s goals to improve processes, create more efficiency, and meet consumer demand. In a study by The Manufacturing Institute, 69 percent of employees under the age of 25 reported that they stayed with their current employer because of training and development opportunities.

Manufacturing Procurement 98

Manufacturing Procurement Trends Supply Chain Software Industry 98

GoShip Blog

MAY 20, 2022

Try to study your audience and understand the brand’s strengths. Analyze sales data and customer feedback to see what products generate active purchases. The details, like demographics, occupation, and favorite platforms for making purchases, will hint at things the audience potentially likes. Optimize your online marketplace.

Material Savings 52

Material Savings Logistics Network Optimization Software Vendor Strategies Optimization Software 52

Logistics Viewpoints

JUNE 8, 2023

Technology for All In a retail era dominated by e-commerce giants, customer expectations have shifted towards instant product delivery at no cost. To meet these demands and ensure superior delivery experiences, retailers and carriers must leverage last-mile delivery technology. Cost is an important consideration as well.

Modeling Software 137

Modeling Software Optimization Software Supply Chain Design Software Logistics Network Optimization Software 137

247 Customs Broker

OCTOBER 1, 2018

That is a key takeaway from the 2019 22nd Annual Third-Party Logistics Study, which was released today by Infosys Consulting, Penn State University, Penske Logistics, and Korn Ferry at the Council of Supply Chain Management Professionals (CSCMP) Edge conference in Nashville, Tennessee.

3PL 28

3PL Study Supply Chain Planning Software Supply Chain Software 28

Material Handling and Logistics

JANUARY 10, 2018

According to a recent study by Pew Research study, 80% of consumers make online purchases, compared to just 22% in 2000. As cloud and SaaS continue to grow, companies will look toward their ERP to enable process improvements to meet today’s challenges. Predictive analytics will alter the future of the supply chain.

Supply Chain Design Software 144

Supply Chain Design Software Supply Chain Software Supply Chain Design Supply Chains 144

GlobalTranz

OCTOBER 29, 2015

We conclude our ongoing series in talking about effective KPI management by giving you a real live Logistics KPIs management case study from Whirlpool's engagement with a logistics service level provider. We hope the following case study shows you the proverbial proof in the pudding of effective Logistics KPIs management. .

Case Study 93

Case Study Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 93

Shipchain

OCTOBER 25, 2019

We partnered with GTX Corp, ParceLive, and a few others that will be announced soon, began working on case studies, aired our first webinar with major industry executives, graduated from the Plug and Play Spring 2019 Food and Beverage Accelerator Program, joined forces with the World Economic Forum to build the Blockchain Toolkit, and a lot more.

Supply Chain Planning Software 48

Supply Chain Planning Software Logistics Network Optimization Software Procurement Analytics Supply Chain Software 48

Penske Move Ahead

MAY 28, 2020

Consumers are continuing to turn online for purchases, and speed is a critical factor in helping retailers capture e-commerce market share. Department of Commerce reported. That was a higher growth rate than 2018 when online sales reported by the Commerce Department rose 13.6% year over year.

Trucking 50

Trucking Operations Procurement Analytics Study 50

The Lean Thinker

DECEMBER 9, 2022

The study I am citing here was commissioned to determine why. Success of the three shift cycle depended on each shift meeting a rigid schedule, but that schedule did not account for the simple fact that coal seams are not uniform. Productivity plummeted. There are a few things we can do to reinforce this. Bring People Together.

Modeling Software 259

Modeling Software Optimization Software Expense Reduction ERP 259

Penske Move Ahead

AUGUST 11, 2020

The first-ever State of Sustainable Fleets Report is now available at no cost for download at www.StateofSustainableFleets.com. We are very pleased to serve as a sponsor of the inaugural State of Sustainable Fleets Report," stated Drew Cullen, senior vice president of fuels and facility services for Penske Transportation Solutions. "We

Procurement Analytics 29

Procurement Analytics Procurement Solutions Availability Transportation 29

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. An IBM study found that 57% of consumers are willing to change their shopping habits to protect the environment. Rethink Partnerships.

Supply Chain Design Software 131

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 131

SYSPRO Smarter ERP

SEPTEMBER 25, 2024

Studies have shown that 70% of employees with no programming background learned to build applications with a low-code in just one month or less, and 28% learned in two weeks or less. To optimize the benefits delivered by their ERP systems , manufacturers can use an application designer to quickly implement, update and deploy applications.

Supply Chain Design Software 98

Supply Chain Design Software Manufacturing Procurement Supply Chain Design Optimization Software 98

WorkWave

FEBRUARY 9, 2024

Bundled services are usually cheaper than if customers were to purchase each service individually. The bundled pricing model works for several reasons, and businesses across various industries are currently using it to their advantage. Here’s why: Bundled pricing simplifies the purchasing process for customers.

Price Reduction 52

Price Reduction Purchasing Skills Tips Procurement Solutions 52

Airfreight Logistics

JULY 21, 2019

UPS have released the results of its 2019 UPS Industrial Buying Dynamics Asia Pacific Study , which finds B2B buyers in the region doing much of their purchasing online, and at the same time relying heavily on offline relationships and seeking out solid after-sales service.

Procurement Analytics 28

Procurement Analytics Manufacturing Procurement Procurement Solutions Study 28