Logistics Viewpoints

OCTOBER 19, 2023

As supply chains have grown in complexity and length, siloed thinking and processes are no longer able to meet this objective. Even if this retailer had used AI to forecast my purchase, AI that creates a perfect plan but fails to execute it only results in a highly-efficient silo, as Northeastern University professor Nada Sanders says.

Supply Chain Planning Software 154

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 154

GlobalTranz

JANUARY 17, 2017

So, let’s take a look at how our predictions for the first four manufacturing technology trends (Predictive analytics, 3D Printing, and VR) to watch for in 2016 stacked up. Predictive Analytics Became Commonplace to Manufacturing. Clearly, the IoT has caught on much faster than experts could have hypothesized.

Manufacturing Procurement 82

Manufacturing Procurement Procurement Analytics Expense Reduction Material Savings 82

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

Locus

OCTOBER 21, 2022

According to McKinsey’s latest consumer pulse survey, Spending in March 2020 was down by 18% as compared to two years later. To provide consumer experiences for your online shoppers after they make their purchases, click here. The pandemic had people locked up in their homes for a long time and spending had been frugal. Schedule Demo.

Supply Chain Planning Software 52

Supply Chain Planning Software Meeting Optimal Sourcing How To 52

Logistics Bureau

NOVEMBER 3, 2024

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. The Top 7 Supply Chain Points to Address for Business Success 1.

Supply Chain Design Software 82

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

FreightWaves SONAR

FEBRUARY 11, 2021

As reported by DC Velocity , “the 2020 Fleet Advantage Industry Benchmark Survey noted, “11% of transportation fleets estimate they have saved more than $1 million in crash avoidance by upgrading to newer trucks with advanced safety features.” Financial insight feeds into equipment purchasing decisions. Request a SONAR Demo.

Procurement Analytics 98

Procurement Analytics Trucking Optimization Software Operations 98

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%. You can also track conversion rates for other actions you want customers to take, such as email signups or social followers, but an ecommerce conversion rate commonly tracks those that result in a purchase.)

eCommerce 52

eCommerce How To Procurement Analytics Purchasing Skills 52

Logistics Business Magazine

AUGUST 2, 2023

(NYSE: IOT), a pioneer of the Connected Operations Cloud, today announced new research, revealing that over half (55%) of physical operations leaders surveyed in the UK and Ireland could have a hybrid or electric fleet by 2025, rising from 42% currently.

Survey 56

Survey Procurement Analytics Cost Reduction Purchasing Skills 56

Blue Grace Logistics

JANUARY 10, 2023

Rising online purchases over the past few years have increased the need for LTL. BlueGrace Logistics sought to learn more about this dynamic and teamed up with FreightWaves to survey shippers about the state of the LTL market and their approach to LTL shipping in today’s environment. The Logistics Blog®. Whitepaper. Case Study.

Material Savings 62

Material Savings Price Reduction Purchasing Skills Cost Reduction 62

Blue Grace Logistics

DECEMBER 15, 2022

Rising online purchases over the past few years have increased the need for LTL. With eCommerce order volumes and consumer demands high and continuing to rise, shippers have turned to LTL in lieu of truckload freight to meet these needs. More than 67% of those surveyed experienced LTL cost increases of 5-14%. Whitepaper.

Optimal Sourcing 62

Optimal Sourcing Supply Chain Planning Software Purchasing Skills Survey 62

Logistics Viewpoints

AUGUST 18, 2021

However, the CPI report did state, “ the index for used cars and trucks rose 0.2 The July 2021 Manufacturing ISM Report On Business shows that economic activity in the manufacturing sector grew in July, with the overall economy notching a 14th consecutive month of growth. Used cars and trucks were up 41.7%.

Supply Chains 199

Supply Chains Manufacturing Procurement Purchasing Skills Price Reduction 199

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 102

Supply Chain Planning Software Supply Chain Software Supply Chains Scenario Planning 102

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 172

Collaboration Supply Chain Planning Software Optimal Sourcing Modeling Software 172

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 89

Manufacturing Procurement Supply Chain Software Trends Supply Chain Planning Software 89

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

Ship Monk

JUNE 6, 2022

Method #1: Client Satisfaction Surveys. Build satisfaction surveys into your website and/or trigger emails to capture first, second, and third impressions from your customers. Make sure your survey questions get to the “why.” Make sure your survey questions get to the “why.” Method #2: Web and Email Analytics.

eCommerce 58

eCommerce Maintainability Supply Chain Software Logistics Network Optimization Software 58

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. Rethink Partnerships.

Supply Chain Design Software 130

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 130

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 160

Supply Chain Planning Software Supply Chain Software Supply Chains Optimization Software 160

SYSPRO Smarter ERP

MARCH 21, 2022

Unless manufacturers change, they will find that their ability to forecast demand, and determine what to do to meet it, will be challenging. 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.

Manufacturing Procurement 116

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

Turvo

JULY 31, 2020

As further reported by DC Velocity , “Pennsylvania-based omnichannel technology provider Radial surveyed 1,000 consumers across the United States about their 2020 holiday shopping plans and found that, despite the pandemic, most do not plan to change their spending significantly or shop earlier compared to 2019. It is that simple.

Supply Chain Planning Software 61

Supply Chain Planning Software Supply Chain Software Resource Reduction Procurement Analytics 61

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.

Groups 58

Groups eCommerce Purchasing Skills Procurement Analytics 58

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 62

Supply Chain Planning Software Supply Chain Software Supply Chains Scenario Planning 62

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

GoShip Blog

APRIL 22, 2022

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. According to statistics, about 80% of customers prioritize personalized service when purchasing. Why use demand forecasting in logistics?

Supply Chain Planning Software 40

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

GlobalTranz

OCTOBER 11, 2018

According to Randy Strang of Supply Chain 24/7, a survey of the most important parts of a shopping experience found customers’ expectations are more than meets the eye. Up to 62 percent want to purchase online and have the option of returning it in-store, and 47 percent want promotions and coupons available through their smartphone.

Inventory Reduction 74

Inventory Reduction Price Reduction Cost Reduction Supply Chains 74

Logistics Business Magazine

NOVEMBER 24, 2023

To ensure that more truck drivers are back home in the evening, for example, the forwarding association Elvis wants to set up a meeting network for full truck loads. Depending on the industry, companies need to take individual approaches to procurement in order to get more resilient.

Supply Chain Planning Software 57

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

Material Handling and Logistics

JANUARY 10, 2018

And according to a recent survey by Kenco, 94% of survey respondents feel that it’s important for their 3PL provider to have a competency in technology and innovation, and more than half expect their 3PL provider to be investing in innovative technologies (another 32% want to co-invest). Kristi Montgomery, VP of innovation, Kenco.

Supply Chain Design Software 144

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

Logistics Business Magazine

JANUARY 18, 2023

Following the Covid-19 pandemic, 91% of consumers reported to taking the supply chain into consideration when making a purchase, an increase from just 45% before 2020, according to an Oracle survey. Instawork’s 2022 survey, found that 73% of warehouse operators couldn’t find enough labour. Robot-as-a-Service.

Supply Chain Software 62

Supply Chain Software Supply Chain Planning Software Supply Chains Scenario Planning 62

Penske Move Ahead

NOVEMBER 23, 2021

Retailers are expecting a record number of holiday shoppers on Thanksgiving weekend placing parcel delivery companies in the spotlight to meet consumers' holiday expectations. We meet with our providers and vendors in the first quarter of the year to evaluate the previous year. This year, the increase has occurred much sooner.

Trucking 42

Trucking Procurement Analytics Survey Meeting 42

GlobalTranz

APRIL 5, 2016

Predictive analytics , which identify the intrinsic inefficiencies in simple processes that did not warrant in-depth review in response to the Great Recession. For example, the Cerasis Rater enables rapid reporting, tracking of KPIs, and review of asset-allocation quickly and easily. They get lost or misplaced. They get damaged.

Negotiating Skills 55

Negotiating Skills Logistics Network Optimization Software 3PL Purchasing Skills 55

GlobalTranz

APRIL 6, 2021

But the rapid shift from retail to online purchasing for staples and the surge for protective equipment, as well as unanticipated products like bread makers and home-schooling items, left many retailers flatfooted. For example, hand sanitizer sales spiked 313% during one week in February 2020, according to reports from Nielsen.

Supply Chain Planning Software 75

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

Camelot 3PL Software

JANUARY 14, 2021

According to a report by the Geneva-based International Federation of Red Cross and Red Crescent Societies (IFRC), global warming is not a direct cause of droughts or hurricanes, but it increases the frequency and exacerbates the risks of such events. Preparation Is Nearly Everything. Focus On Disaster Relief Instead Of Stock Loss.

Inventory 52

Inventory Supply Chain Planning Software How To Procurement Analytics 52

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 159

Supply Chain Planning Software Supply Chain Transformation Scenario Planning Supply Chain Software 159

Logistics Bureau

SEPTEMBER 28, 2020

While 3PLs have the expertise to provide such a service, 4PL companies specialise in meeting tight turnaround times and seemingly impossible schedules, while applying the most advanced technologies to monitor supply chain movements in real time. The best example of a 4PL model is Amazon.com. 3) Ecommerce and Multi-Channel Retail.

4PL 116

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

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 110

Procurement Solutions Inventory Reduction Supply Chain Planning Software Material Savings 110

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 123

Supply Chain Design Software Supply Chain Design Inventory Reduction Cost Reduction 123

TransAudit

MARCH 15, 2023

Recently, the American Trucking Association reported that there were about 3.5 That’s a large number, but it’s still not quite enough to meet demand. Estimates predict that new hires will come on this year to help relieve some of the shortage. They report seeing increased costs without an increase in revenue.

Industry 66

Industry Trucking Purchasing Skills Trends 66