Material Handling and Logistics

OCTOBER 30, 2018

With the digitization of the source-to-pay process being a key initiative for many chief procurement officers, to the inherent automation which promises to accelerate innovations such as artificial intelligence (AI), digitization is growing. Be sure any technology you implement is likely to allow you to meet unforeseen needs.

Optimal Sourcing 166

Optimal Sourcing Procurement Solutions Procurement Analytics Procurement 166

Logistics Viewpoints

AUGUST 18, 2021

Furthermore, there is much discussion about the word “transitory,” as used by Federal Reserve Chairman Jerome Powell to describe what he believes is like a short-term phase of price increases. With that said, let’s take a look at some recent and more granular data on sales, prices, and supply chain performance. Yesterday, the U.S.

Supply Chains 134

Supply Chains Manufacturing Procurement Purchasing Skills Price Reduction 134

GlobalTranz

APRIL 5, 2016

However, the economy is on the mend, and the need for immediate cost savings and lean solutions is starting to take the backburner to how 3PL Logistics Companies could benefit shippers through long-term relationships. The needs of yesteryear-clients were quite simple: get costs under control quickly.

Negotiating Skills 86

Negotiating Skills Logistics Network Optimization Software 3PL Purchasing Skills 86

Logistics Viewpoints

FEBRUARY 7, 2024

A recent ARC survey looked at reasons to address sustainability. This survey included over 400 respondents across a number of industries. There are three responses in this question that address supply chain sustainability: align with our goals, mission, and values; meet consumers expectations; and increase profitability.

Supply Chain Design Software 126

Supply Chain Design Software Supply Chain Software Supply Chain Design Supply Chains 126

GlobalTranz

DECEMBER 18, 2014

All metal fabricators realize that they have to do some analyses before the company purchases equipmen t or hires new people, but now there seems to be a new intensity about the process. Fabricators now are trying to be fast enough to meet any and all customer needs whenever they crop up. The keyword here is fast.

Manufacturing Procurement 123

Manufacturing Procurement Tips Purchasing Skills Sourcing Strategies 123

GlobalTranz

JANUARY 7, 2015

Those topics were similar in the 11 thru 20 most popular blog posts, but with also a focus on things such as the skills gap, process, and awesome movements like the maker movement, 3D printing, and the return of US Manufacturing. Improvements can be made to both material and labor costs. We hope you enjoy! Read the Full Blog Post.

Manufacturing Procurement 120

Manufacturing Procurement Blog Purchasing Skills Sourcing Strategies 120

GlobalTranz

MAY 12, 2015

Armed with industry knowledge, technology savvy, and purchasing power, customers control the sales cycle. Now new markets are flexing their purchasing muscle. In this model, customers aren’t just purchasers – they define and create value. By 2025, emerging markets will constitute two-thirds of all global demand, as another 1.8

Manufacturing Procurement 129

Manufacturing Procurement Modeling Software Supply Chain Planning Software Digital 129

GlobalTranz

DECEMBER 7, 2016

A recent survey, conducted by Handshake , found more than 79 percent of companies providing B2B sales already have customers clamoring for online ordering. Meanwhile, the majority of purchasers research potential products online before making a decision to buy. Pricing Models Are Subject to the “Amazon Standard.”.

Manufacturing Procurement 118

Manufacturing Procurement Modeling Software Logistics Network Optimization Software Price Reduction 118

Material Handling and Logistics

JULY 29, 2018

Retailers such as Walmart have rigorous standards and will only purchase from suppliers who meet these standards. And customers, many of whom are Millennials, want to know the sourcing of the products they buy and will make decisions based on a company’s sustainability record. Reducing energy costs often reduces GHG emission.

Sourcing Strategies 133

Sourcing Strategies Cost Reduction Price Reduction Efficiency 133

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 85

Inventory Reduction Price Reduction Cost Reduction Supply Chains 85

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. million skilled workers by 2030. As technology automates processes, workers will need to use more communication, collaboration, and analytical skills.

Manufacturing Procurement 118

Manufacturing Procurement Supply Chain Software Trends Supply Chain Planning Software 118

Bringg

JANUARY 26, 2021

Consumers have grown accustomed to buying everything from staples to discretionary items online, and relying on multiple delivery and fulfillment methods to receive their purchases. We surveyed 1,000 retailers, asking them to assess their delivery and fulfillment operations today, and their priorities for this year.

Survey 48

Survey Cost Reduction Purchasing Skills Purchasing 48

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. Such a gap is problematic, as it could lead to higher costs, longer cycle times and less resilience.

Supply Chain Planning Software 115

Supply Chain Planning Software Supply Chain Software Collaboration Supply Chains 115

GlobalTranz

APRIL 6, 2021

Supply chain disruption has many sources: tariffs and trade disputes, natural disasters, pandemics, economic uncertainty and cybersecurity attacks. Broadline food distributors learned how to price restaurant-quality meat in family-sized packages and coordinate curbside pickup. Does any of that sound like the past two years or so?

Supply Chain Planning Software 114

Supply Chain Planning Software Supply Chain Software Supply Chains Manufacturing Procurement 114

Logistics Bureau

MAY 24, 2019

If you were to tell me that your company had never looked at its supply chain costs and sought to deliver reductions, I would be mightily surprised. On the other hand, if you told me your company hasn’t been able to sustain any progress in supply chain cost reduction, I wouldn’t be surprised at all.

Cost Reduction 77

Cost Reduction Inventory Reduction Expense Reduction Price Reduction 77

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 119

Supply Chain Software Definition Supply Chain Planning Software Supply Chains 119

Logistics Bureau

APRIL 18, 2019

Source: Council of Supply Chain Management Professionals 2017 Survey. Let’s look at them from the perspective of the supply-chain Plan, Make, Source, and Deliver model. It could even be that you already work in manufacturing or production but have plans for a lateral move into sourcing or logistics. Purchasing Manager.

Manufacturing Procurement 89

Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software Supply Chain Design 89

GlobalTranz

NOVEMBER 10, 2015

Transportation costs make up 60 percent of overall logistics expenses for all shippers and 3PLs. For these companies, the use of a dedicated transportation management system, such as Cerasis™ Rater , can be deployed to lower transportation costs across the entire supply chain. Implementation Costs.

Supply Chain Planning Software 120

Supply Chain Planning Software Optimization Software Inventory Reduction Cost Reduction 120

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. Download the White Paper.

Procurement Analytics 98

Procurement Analytics Trucking Operations Optimization Software 98

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. Supply chain management (SCM) systems help businesses to manage the flow of goods and services right from the sourcing of raw materials, to delivering finished goods to the customer.

Manufacturing Procurement 116

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

Logistics Viewpoints

JUNE 16, 2022

According to a survey by Gatepoint Research, 40% of retailers are focusing on this as one of their 2022 priorities. In order to meet customer needs, retailers need to understand their customers’ expectations better. What a customer wanted to purchase from one location but had to travel elsewhere to get becomes important to understand.

Inventory Reduction 135

Inventory Reduction Inventory Survey Supply Chain Software 135

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

Ship Monk

JANUARY 19, 2024

An ecommerce store is a branded website where products from a single seller can be purchased over the internet. Building an online storefront can be as simple as adding an open-source shopping cart plugin, such as WooCommerce, to your WordPress website, or as complex as a custom-coded ecommerce platform like BestBuy.com.

eCommerce 105

eCommerce Logistics Network Optimization Software Optimization Software Purchasing Skills 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. Leaders understand the costs of packaging waste and its impact on the environment: 77% said they’ve made the use of sustainable packaging materials a priority.

Supply Chain Design Software 110

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 110

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.

Collaboration 119

Collaboration Supply Chain Planning Software Optimal Sourcing Modeling Software 119

Logistics Viewpoints

DECEMBER 1, 2023

million shoppers hit the stores and the internet to capitalize on Black Friday and Cyber Monday deals, according to a survey by the National Retail Federation. The top gifts were clothes and accessories, which about half of those surveyed purchased, and toys, which nearly a third of people surveyed bought.

Supply Chain Planning Software 122

Supply Chain Planning Software Logistics Network Optimization Software Food and Agriculture Cost Reduction 122

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. Built strategic partnerships with vendors to drive down prices. Supply Chain Strategy.

Supply Chain Design Software 111

Supply Chain Design Software Supply Chain Design Inventory Reduction Cost Reduction 111

Blue Grace Logistics

JUNE 13, 2022

Nearly two-thirds of businesses responding to the 2020 Gartner Sustainability Survey said they were pressured by customers to invest in sustainability initiatives while 48% said pressure was coming from investors and 48% cited regulators. Here’s how many companies are turning to their supply chains to meet their ESG goals.

Supply Chain Design Software 62

Supply Chain Design Software Supply Chain Software Optimal Sourcing Supply Chain Design 62

Logistics Viewpoints

MARCH 6, 2023

GEON Performance Solutions purchases plastic pellets and add plastic compounders to make products of different strength, resilience, and flexibility. The simplified assumptions allow companies “to manage margins, supply chain costs, and inventories”, but “it does not enable them to manage enterprise costs, profit, and working capital.”

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Transformation Scenario Planning Supply Chain Software 130

GlobalTranz

AUGUST 4, 2015

Waddell goes on to state how to optimize manufacturing operations with what he calls the 5 Golden Metrics of Manufacturing: There are five golden metrics that really matter: total cost, total cycle time, delivery performance, quality and safety. Total Cost. The only meaningful measurement of total cost is on a cash basis.

Manufacturing Procurement 130

Manufacturing Procurement Procurement Analytics Optimization Software Optimization 130

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. Consumers are paying the price. Whitepaper.

Material Savings 62

Material Savings Price Reduction Purchasing Skills Cost Reduction 62

Logistics Bureau

OCTOBER 2, 2016

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.

Supply Chain Design Software 99

Supply Chain Design Software Supply Chain Design Inventory Reduction Cost Reduction 99

Blue Grace Logistics

NOVEMBER 10, 2023

Kroll | Inbound Logistics November 2023 “Shippers have to weigh the cost of expediting against the downstream impact of shipments arriving later,” says Kevin Schultz, president and co-founder of 357 Company, a logistics provider. Everyone wants to move things fast until they know what it costs,” Milsom says. 4. Here’s an example.

Logistics Network Optimization Software 116

Logistics Network Optimization Software Freight Supply Chain Planning Software Inventory Reduction 116

GlobalTranz

AUGUST 18, 2015

Companies based on assets have had years of experience in purchasing trucks and managing warehouse inventories. Alternatively, intermediary-based, or non-asset 3rd Party Logistics Companies have waged a “near-war” with various carriers to negotiate cheaper rates and more rapid delivery times. How Does the 3PL Meet E-Commerce Needs?

Logistics Network Optimization Software 128

Logistics Network Optimization Software Procurement Analytics Inventory Reduction Supply Chain Software 128

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 time spent navigating a warehouse can account for more than 30% of the total cost of labor. Five fast start opportunities for AI.

Optimization Software 134

Optimization Software Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software 134

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. Autonomous shipping has the potential to reduce human errors, improve safety, lower costs, and increase efficiency in the maritime industry.

Supply Chain Planning Software 126

Supply Chain Planning Software Supply Chain Software Supply Chains Optimization Software 126

Blue Grace Logistics

DECEMBER 15, 2022

Rising online purchases over the past few years have increased the need for LTL. Transportation rates have been rising over the last couple of years due to factors like the driver shortage, lack of equipment, a capacity crunch, and rising fuel costs. More than 67% of those surveyed experienced LTL cost increases of 5-14%.

Optimal Sourcing 62

Optimal Sourcing Supply Chain Planning Software Purchasing Skills Survey 62