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Logistics warehouses that prioritize flexibility, operational efficiency, and throughput will be able to secure long-term growth, meet client demands, and stay ahead of evolving industry trends. This approach protects the investment while enabling warehouses to adapt to shifting market trends and business models.
It is no exaggeration to say that the COVID-19 pandemic caused an upheaval in order fulfillment processes. An understanding of these dynamics was the goal of ARC’s survey-based research conducted with DC Velocity earlier this year (see DC Velocity Infographic in June 2021 issue).
Although forecasting is always difficult, it is especially difficult during these times of upheaval in order fulfillment operations. Click link below to take the survey. Order Fulfillment Upheaval: Understanding the Rapidly Changing Fulfillment Environment. Note: Image chart data from St. Louis Fed and US Census Bureau.
Editor’s Note: Our “ Research in Focus ” series highlights research conducted by select partners on timely and important trends impacting supply chain and logistics professionals today. The findings were derived from an online survey of 250 executives at leading U.S. Transportation costs ranked second, and labor costs ranked third.
Speaker: Rosemary Coates - Board Member & Founder at Reshoring Institute, Best-selling Author, Host of the Frictionless Supply Chain podcast
Nearly 75% of the 628 businesses surveyed in a recent study by the Institute for Supply Management reported that the COVID-19 outbreak caused disruptions to their supply chain. In the same survey, 57% of participants mentioned longer than usual wait times for orders with foreign suppliers. How to reduce risk.
ARC Advisory Group and DC Velocity magazine have closed our joint survey on the changes logistics operations have experienced in the upheaval of the Covid-19 operating environment in 2020; and the expectations these same executives have about their operating environment in 2021. Throughput Volumes.
Order-level Management: The tracking of orders from inception to fulfillment, and the management of the people, processes and data connected to the order as it moves through its lifecycle. For companies involved in shipping freight, the combination of order-level management and cost to serve analysis can be a game-changer.
Trend #1: Customers Buying Experience Not Products. According to the Geodis 2017 Supply Chain Worldwide Survey , organizations that invest more in supply chain see greater EBIT (earnings before income tax) in their business. #2 Trend #3: Serving Every Customer with their Own Optimized Micro Supply Chain.
We can’t predict when joggers will go out of style (never, we hope) but we are pretty good at predicting ecommerce trends. Furthermore, in order to anticipate the needs of our ecommerce clients, we have to keep our ears attuned to changes in technology, retail, shopping behaviors, the economy, and so much more.
-based, non-asset-based 3PL BlueGrace Logistics, signaled positive momentum for both order volume expectations and revenue expectations, for the second quarter. “While order growth sentiment has moderated slightly, revenue per order is increasing, suggesting higher-value shipments and improved margins.
Despite frequent discussions about AI’s potential impact on jobs, the majority of logistics workers are untroubled by automation, according to a recent YouGov survey commissioned by SafetyCulture.
This post is from a press release sent to us regarding the recent survey of the 3PL industry. This survey continues to point towards the success 3PLs are having for their clients. Survey Points to Continued Success of Shippers and the 3PL Industry. No matter what type of 3PL there is, each brings value to their customers.
It is crucial for organizations to understand the importance of Purchase Order collaboration to effectively manage their direct spend, optimize operations, and mitigate risks. Configure to Order: This strategy involves customizing standard products based on customer specifications.
Many of the trends and changes we expect to see in 2021 are largely driven by the supply chain weaknesses and gaps identified in 2020. After talking with our customers and surveying other supply chain executives, these are the five supply chain trends that companies will be turning their attention to in 2021: 1.
He was recognized as the undergraduate faculty member who had the greatest impact on students based on the 2017 graduating senior survey. In order to reduce the scope and make the topic more accessible, Jason and Joe use the iron skillet as an analog to represent all products that have a supply chain.
By analyzing revenue, inventory levels and orders, shippers can gain a comprehensive understanding of market dynamics and position themselves strategically for success. Here’s some key highlights from the Q3 2023 LCI: Anticipated revenue maintains a positive trend. Order volume sentiment. Inventory optimization.
A look at the supply chain trends and technology that will come into play in 2018. While predicting the future is never an easy task, in order to be competitive all businesses need to be able to accurately anticipate what trends will affect them in the coming year. making human intervention necessary. Investing in Innovation.
Although forecasting is always difficult, it is especially difficult during these times of upheaval in order fulfillment operations. Click link below to take the survey. Order Fulfillment Upheaval: Understanding the Rapidly Changing Fulfillment Environment. Note: Image chart data from St. Louis Fed and US Census Bureau.
While they have always been an integral part of shopping, online orders are significantly increasing their presence in the retail and e-commerce industries. E-commerce platform Yotpo reported that 88% of fashion shoppers surveyed have returned fashion items purchased online in the […].
Results from The Conference Board’s C-SUITE OUTLOOK survey showed supply chain disruptions, labor shortages, and rising inflation to be 3 of the 5 high impact external factors on the minds of CEOs. Here are some preliminary survey results thus far. There are numerous indications that supply chain is more critical than ever.
Such trends are fueled by a rise in e-Commerce fulfillment frameworks as well as the ongoing transactions involving personal protective equipment (PPE) which is mainly due to the onset of the COVID-19 pandemic. Based on current trends and indicators, it is anticipated that imports will remain strong for the rest of the year.
Today’s article is the fifth part in a series featuring surveys from APQC on supply chain topics including ESG in supply chain , environmental sustainability , last mile , digital transformation. Survey respondents are second most likely to have implemented Robotic Process Automation in sourcing and procurement (20 percent).
Two seemingly conflicting trends are coming together that, if addressed correctly, could provide retailers with a competitive advantage and make them more profitable. So, how are these two trends mutually beneficial? Half (50%) of the respondents thought the ability to combine orders was quite/very important.
As the holiday shopping season reaches its peak, ecommerce business owners everywhere are crossing their fingers, hoping they have enough product in stock and that they didn’t order too much. Creating graphs and pie charts out of your numerical data can make it easier to spot trends and gain insights.
To examine supply chain management priorities, performance, and anticipated trends, APQC conducted its 10 th annual Supply Chain Management Priorities and Challenges research, including a survey of more than 350 supply chain professionals from around the world and across multiple industries.
Warehouse operations historically strived to deliver the perfect order – the right product, at the right price, at the right time. ARC developed a survey in Q1 of this year and solicited responses from practitioners to obtain additional insight from the market. But the results of the survey do identify some trends.
As time passed, procurement gradually gained a larger role in the scope of manufacturing and order fulfillment. However, modern technologies are dramatically changing procurement trends and how procurement professionals operate and their role in the company. Why Is Technology Driving Procurement Trends and the Role of Procurement?
3 Supply Chain Trends to Track in 2019. However, this year hasn’t quite closed out yet (at the time of writing), so in the true spirit of just-in-time delivery, here’s a quick appraisal of three current trends that I believe will come on stronger, and perhaps become some of the most important to supply chain operators in 2019.
In the world of trucking, a sector already feeling the financial pinch, there’s an expectation that both freight orders and revenue will decrease during the upcoming holiday season. As we turn our attention to Lunar New Year in February 2024, the survey paints a muted outlook. The overall climate in the market is uncertain.
They surveyed over 1,400 online shoppers to analyze their habits, preferences and expectations. Looking at the survey results, 90% said that they highly value free returns when making online purchases; and 91% say free shipping influences future purchases. Last week, Dotcom Distribution launched their annual eCommerce study.
Here are six contract logistics trends that all shippers should be watching in the year ahead: More companies are realizing the value of contract logistics. The trend of nearshoring. The post Six Contract Logistics Trends to Watch in 2023 appeared first on DB Schenker.
The ATA creates the tonnage index through a series of surveys of its members. The anonymity of the survey and companies participating prevents us from understanding the percentage of tonnage each company accounts for or the type of freight being shipped. Data Collection. The ATA states that 72.5% The State of Trucking Tonnage.
billion in June, up 8 percent year over year for the month, with delivery surging, ship-to-home sales showing strong results, and pickup sales holding steady relative to last year, according to the Brick Meets Click/Mercatus Grocery Shopper Survey. That’s due to surges in active monthly users and increased order activity.
Ralf Duester, board member of the Bochum-based SCM software specialist Setlog, shows which trends will be important in 2024. At a glance: The top ten SCM trends in 2024 1. Open-source software is increasingly convincing In detail: The ten most important SCM trends in 2024 1. Skilled labour shortage forces action 2.
A 2023 survey by McKinsey reported that 79 percent of all respondents had at least some exposure to gen AI, either for work or outside of work. The more data they process, the better they become at recognizing patterns, identifying trends, and making predictions. The use and discussion of AI has become common.
They may have ordered more than they need. As market and buying trend data becomes more abundant and IT systems more connected, retailers can better estimate demand and adapt their ordering. This also qualifies as reverse logistics. Reasons why reverse logistics are necessary can be diverse. Forecast demand better.
According to the characteristics of China’s WMS market, “Ecological”, “SaaS” and “Customization” are the three major trends in the future. According to several surveys, less than 1/3 of the companies active in the WMS market focus on WMS as their main product. in order to have a competitive advantage.
Fifteen years ago, DSV’s homepage had this to say about tech: “DSV is committed to providing our customers with the best e-service tools available in order to create visible, transparent and high-quality services.” Here’s another manifestation of how far we have come.
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 The SYSPRO CFO 4.0
Just last month I noted that warehouse labor productivity was hindered extensively by COVID-19 and that 80 percent of ARC’s warehouse survey respondents anticipate an increase of order throughput volumes in 2021. Supply chains around the country are in great need of warehouse and transportation workers. Logistics Real Estate Growth.
This survey-based research gathers quantitative data as well as information on practices or performance drivers. This survey focuses on the current state of key practices in last mile logistics, spread across multiple industries and over 1,100 respondents. This is due to the rising instances of “porch pirates.”
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
Top Game-Changing Logistics Trends for 2024: Redefining Global Supply Chains | Image source: Flickr Understanding logistics trends is essential for business, and trend research may help organizations of all sizes predict changes, spot areas for innovation, and remain relevant in a market that is becoming more and more competitive.
Trends likely to drive Singles’ Day sales. Supply chain transparency and low-emission transportation are some of the many emerging trends that retailers are adopting to stay ahead of the game. DispatchIQ is Locus’ AI-driven delivery route optimization solution that plans daily dispatches by intelligent clubbing of orders.
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