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To address these issues, companies are adopting innovative strategies, including dynamic route optimization, real-time tracking, and even leveraging emerging technologies like drones and blockchain. Innovative Packaging Solutions 4. Electric and Alternative Fuel Vehicles 2. Avoiding Delivery Density Issues 3.
billion mailpieces and packages during the holiday season. billion packages more than UPS and FedEx. All companies and agencies above are heavily investing in technology and tools to deliver packages faster and more efficiently. In 2022, the Postal Service processed more than 11.7 In 2023, Amazon delivered around 5.9
As organizations continue to adapt to the roller-coaster ride of 2020, some leaders’ pre-pandemic IT strategies brought business resilience even as COVID-19 struck. Indeed, some organizations spent several years laying the foundations for data-driven strategy and remote operations even prior to COVID-19.
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. There are some 3PLs who perform niche tasks, like Cerasis does with transportation management for over the road modes like LTL, Truckload, and small package.
The results have been tabulated for the 68th annual Survey of Distribution Operations. By identifying the most pressing concerns in the industry, the survey provides statistics and conclusions which the distributors can use to help maintain their business evolution in our technology based world. Demographics.
They surveyed over 1,400 online shoppers to analyze their habits, preferences and expectations. The report suggests that customer priorities are shifting, moving away from things such as the use of gift-like packaging or prioritizing fast deliveries over product quality. Omnichannel is Omnipresent.
Escher , a global leader transforming postal operators and couriers, has published the results of its fifth annual Future of Posts survey. This survey came as businesses were emerging from pandemic operations and makes it clear that Posts continue to focus on the opportunity presented by e-commerce and customer-focused priorities.
As per a Statista survey, eighty per cent of consumers say they’d return a product they received that was damaged in shipping. With the right packaging, strategy, and tools, you can cut shipping costs by as much as 60%. Choose Packaging and Pallets Carefully. Make Labels Clear.
Oracle’s recent global survey, No Planet B: How Can Businesses and Technology Help Save the World? In fact, 83% of respondents to the “No Planet B” survey said they’re more likely to work for a company that demonstrates a commitment to ESG priorities, and 69% would leave their company to work for a brand that takes it more seriously.
The results, based on a representative survey among more than 200 companies, shed unparalleled insight into key challenges in the industry, as well as best practices to improve supply chain performance and operation. It turns out they’re rethinking every part of their operations, from a single package to their distribution process.
According to the Business of Sustainability Index , despite intense inflation since 2020, 66% of general US customers and 80% of young adult (ages 18-34) US customers surveyed in 2022 are willing to pay more for sustainable products/companies that embrace sustainable practices. Clearly explain cause and effect.
That being said, this innovative tool has been instrumental in identifying clear indicators of market fluctuations and how that intel has helped shippers prioritize business strategies. Q3 reveals a positive trend in anticipated revenue, with only a 4% decrease reported across all shippers surveyed. Agile operations.
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.
Products come back in dribs and drabs, not in nearly packaged batches. A plan is necessary, possibly based on one of the following strategies. Reverse Logistics Strategy 1: Don’t do it! When marketing sees why products are being returned, it can improve product features like quality, packaging, and usability.
A recent survey of 200 supply chain management professionals across companies with 500+ employees, conducted by Edelman Intelligence, has found market insights, confidence levels and trends for this peak season and beyond. Even with that in mind, 85% of those surveyed have a positive view of how their revenue will look in the next year.
Accurate order fulfillment is the foundation of a successful logistics strategy , and it forms the basis for reliable cost to serve calculations. #2. This includes transportation costs , handling fees, packaging expenses, and any other relevant expenditures.
Every year, the National Retail Federation conducts a survey on St. Patrick’s Day, up from 54 percent in 2022 and the highest in the history of the survey. Amazon began delivering packages with the vehicles in July, and Rivian last month touted 10 million packages delivered via the vans. Patrick’s Day spending.
As per research by supply chain dive , 59% of retail participants that were surveyed told that they would hike pricing to mitigate impact from supply chain disruptions and 36% said they were taking a margin hit to keep price levels. Today’s dynamic environments require adaptable routing strategies to keep pace and minimize disruptions.
As we’ve written about a number of times before, global companies are looking at various initiatives when it comes to sustainability, including energy efficiency, product packaging, alternative fuels, optimized routes, and returns management. Per our survey, 64.2 The Circular Economy. These initiatives span a variety of businesses.
Yet, peak season does seem to be less stressful than last year, and a recent survey of 200 supply chain management professionals across companies with 500+ employees, conducted by Edelman Intelligence, has found some surprising facts about the coming peak season. Offering consultative guidance in supply chain strategy. .
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).
Fortunately, there are effective strategies you can employ to reduce your e-commerce store’s shipping costs. However, you do not need to send thousands of packages monthly to enjoy these price reductions. For instance, shipping fees generally depend on a package’s actual or dimensional weight (whichever is greater).
Companies that track this data can then implement and create new supply chain strategies that align with their overall business goals and customer expectations. Only 34% of survey respondents named saving money as a priority.”. Transportation metrics provide visibility that helps drive operative and competitive advantages.
Implementation of sound e-commerce fulfillment strategies is necessary for the age of online funding, social media customer awareness, and interactivity. In fact, respondents of the survey felt that customer retention and customer service were significant requirements for the success of a 3PL. We know how to pick, pack, and ship.
It offers global TMS technology and third party expertise, all in one package. While supply chains have undergone a digital transformation, people are still and will always be an important part of your strategy. Gartner, 2019 Digital Talent Gap Survey. Drive the results that matter to your business.
Not all are convinced of this extreme, but the increased focus on and higher expectations around delivery times has forced businesses and supply chains to evaluate their e-commerce and last mile strategies. B2B companies are rapidly approaching B2C companies when it comes to e-commerce, both in their offerings and in their distribution.
Plenty of cost-cutting strategies are being employed by Supply Chain Management leaders, but the potential long-term implications often remain unseen. Speaking of implications, let’s delve into the top cost cutting strategies that businesses implement but could negatively impact supply chain performance: 1. Download Case Study 6.
Seventy percent of supply chain leaders are planning to invest in the circular economy in the next 18 months, according to a recent survey by global research firm, Gartner. However, only 12% of those have linked their digital and circular economy strategies so far.
So, knowing more about order fulfillment, its importance, process, and strategies is critical. Order fulfillment is receiving, processing, packaging, tracking, and delivering orders to the final customer destination. So there is no fixed rule for selecting the order fulfillment strategy. Let’s fill in! What is Order fulfillment?
About 11% of carriers have vehicles that use a fuel other than diesel or biodiesel blends, according to a 2016 survey by ATRI. In fact, the company helps its supply chain both measure its carbon impact but also provides solutions, such as right-sizing packages to maximize trailer capacity and thus reduce the number of deliveries.
And while this definitely points to an industry making strides, a recent Procurious survey found that 75 percent of women in supply chain experience gender-based adversity. A central part of Amazon’s ultrafast delivery strategy is its network of warehouses that the company calls same-day sites. The company’s Supply Chain 3.0
Higher labor costs and lower package demand resulted in fourth-quarter sales and 2024 guidance that missed analysts expectations. UPS is seeking alternative strategies for its truck brokerage business, which has seen sales plummet amid a freight recession marked by declining rates and over capacity. billion worth, the survey found.
In 2021, 73% of Proctor & Gamble ‘s consumer packaging was recyclable or reusable. This is a continued effort to work towards 100% recyclable or reusable consumer packaging. net sales were represented by suppliers who reported to one or more sustainability surveys. Proctor & Gamble. BlueGrace’s Commitment.
Steve Banker of Forbes further explained how a survey of customers in mid-2020 found a continued expectation for same-day delivery (22%), with one-third of which expecting two-hour delivery, consumers’ expectation for one-day delivery (39%) and two-day delivery (29%). Again, it all depends on what that final step of delivery entails.
Determine whether the brand will concentrate on the transportation, warehousing or packaging, and whether it will handling of a broad range of items or service a more focussed niche market. Ensure your brand is inclusive. When developing a brand, it will never be possible to please everyone.
The initiative involves placing RFID tags on packages and wearable devices on employees to eliminate manual scans, reduce misloads, and accelerate parcel throughput in the delivery giant’s warehouses. The smart package program also aims to improve the customer experience by slashing the rate of packages placed in the wrong delivery vehicle.
Proctor & Gamble In 2021, 73% of Proctor & Gamble ‘s consumer packaging was recyclable or reusable. This is a continued effort to work towards 100% recyclable or reusable consumer packaging. net sales were represented by suppliers who reported to one or more sustainability surveys.
Companies have many levers to pull to reduce their impact on the environment such as altering the materials used in products, using more sustainable packaging and even reducing business travel. The dashboards are designed to scale to be granular enough to measure package-level emissions.
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. Supply Chain Strategy. In 2014, a survey by Tompkins Consortium delivered a shocking revelation. Supply Chain and Business Success By the Numbers.
Regarding the gap of drivers on long-haul lanes, what are the strategies that may be implemented to overcome this drastic labor shortage in freight transportation? . Updating and professionalizing benefits packages. This has decreased to 2.5%, which includes ships out of service for compulsory surveys or repairs. While some U.S.
As a result, efficiency and accuracy in order arrival, picking, packaging, and shipping is increased. Service-level agreements (SLAs) may contain clauses that would result in lost costs if a shipment is delayed , arrives damaged, is incorrect, or fails to meet certain labeling and packaging recommendations. Implementation Costs.
The global survey, which draws on insights from over 300 labelling, packaging, and supply chain professionals across industries in 55 countries, found that investing in cutting-edge technologies such as cloud computing, AI, and IoT solutions is no longer a tactical necessity but an enabler for business growth and agile supply chain operations.
Don’t expect to plan for every disruption; instead, develop a strategy to overcome supply chain disruption, regardless of the source. Preparing your supply chain for resiliency begins with risk management and a proactive strategy. And it bounces back, perhaps taking on new shapes as necessary in response to the latest disruption.
The LCI surveyed a diverse portfolio of shippers across different verticals, including consumer packaged goods (CPG), industrial and manufacturing and direct-to-consumer business to examine three primary metrics going into the next quarter. This was seen in the survey. This is the cyclical market of supply chain transportation.
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