Ship Monk

SEPTEMBER 14, 2023

If you’re not employing a multichannel sales strategy, you’re clearly missing out. But what, exactly is a multichannel sales strategy, and is it worth the investment? If you can’t lower your price, then offer free shipping and mention it in your meta descriptions. What is a Multichannel Sales Strategy?

Inventory Reduction 64

Inventory Reduction Price Reduction Cost Reduction eCommerce 64

Logistics Bureau

DECEMBER 6, 2024

A plan is necessary, possibly based on one of the following strategies. Hidden Opportunities for Supply Chain Cost Reductions Of course hidden costs, if you can find them, mean hidden opportunities. Reverse Logistics Strategy 1: Don’t do it! Clearly, successful reverse logistics cannot be left to luck.

Reverse logistics 74

Reverse logistics Cost Reduction Vendor Strategies Inventory Reduction 74

Blue Grace Logistics

OCTOBER 9, 2023

Cassidy | JOC.com September 25, 2023 US shippers uncertain about sales and order volumes this holiday season are likely to increase less-than-truckload (LTL) shipments despite lower truckload rates, data from an industry survey suggests. Market conditions pushing more freight to LTL carriers would exacerbate LTL price increases.

Inventory Reduction 62

Inventory Reduction Price Reduction Resource Reduction Cost Reduction 62

WorkWave

DECEMBER 16, 2024

We will discuss case studies, future trends, and guidelines for businesses considering whether to invest in this cutting-edge technology. Drones can be programmed to survey specific locations regularly, detecting early signs of pest infestations.

Cost Reduction 52

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Locus

JUNE 30, 2023

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. Achieving 99.5%

Cost Reduction 52

Cost Reduction Resource Reduction Expense Reduction Price Reduction 52

GoShip Blog

DECEMBER 29, 2022

Fortunately, there are effective strategies you can employ to reduce your e-commerce store’s shipping costs. These platforms generally negotiate rates with carriers and offer pricing discounts or accessorial fee waivers based on shipping volume. Check USPS Rates For Options to Reduce Shipping Costs .

Cost Reduction 52

Cost Reduction Price Reduction Inventory Reduction Negotiating Skills 52

Transporeon

SEPTEMBER 20, 2018

In the context of cross-industry implementation of continuous-flow and lean manufacturing, delivery volumes are shrinking and delivery times are being reduced. At the same time, competitive pressure is increasing and all parties are trying to cut prices and costs. Adapt the freight allocation strategy to handle scarcity .

Price Reduction 101

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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

MAY 25, 2021

Though corporations are starting to pay attention to supply chain sustainability, less than half of those surveyed in the CSCMP report know how to make their processes more sustainable. This can be done through street turn matching, which reduces empty miles that generate significant carbon emissions. In the U.S.,

Supply Chain Planning Software 136

Supply Chain Planning Software Supply Chain Software Supply Chains Inventory Reduction 136

The Logistics of Logistics

SEPTEMBER 12, 2020

His primary research stream examines firms’ logistics operations, with an emphasis on studying motor carrier safety, productivity, pricing dynamics, and driver turnover. He was recognized as the undergraduate faculty member who had the greatest impact on students based on the 2017 graduating senior survey. Supplier development.

Supply Chain Design Software 195

Supply Chain Design Software Supply Chain Design Supply Chain Software Supply Chains 195

GlobalTranz

MAY 15, 2015

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.

Survey 96

Survey Distribution Operations Price Reduction 96

Logistics Viewpoints

MARCH 25, 2021

Global trade regulations and conflicts, as well as tariff threats as a political tool, could cut off sources and markets and push your business plan into the red. Your transportation consultant can help develop response strategies to ensure your supply chain continues to operate while the problem is addressed.

Supply Chain Planning Software 132

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 132

Shipping and Freight Resource

APRIL 14, 2021

The disproportionate increase in freight volume compared to capacity availability inevitably sent freight prices skyrocketing across all major trade lanes, causing widespread anxiety amongst shippers. A report will be developed based on the survey responses and will be sent out to the respondents’ email addresses upon release.

Survey 90

Survey Cost Reduction Inventory Reduction Resource Reduction 90

Blue Grace Logistics

MARCH 12, 2025

Data for the BlueGrace Logistics Confidence Index is aggregated through a survey of shippers and reflects all freight transportation modes, while correlating growth or shrinkage to the overall industry volume of shipments and the price of products, according to BlueGrace.

Inventory Reduction 62

Inventory Reduction Resource Reduction Cost Reduction Price Reduction 62

Freightos

JULY 24, 2024

In July, Freightos conducted a survey of over 100 small business importers and exporters, primarily from the United States, who utilize the Freightos.com marketplace for international freight. The survey aimed to explore the impact of these changes on their operations.

Supply Chain Software 124

Supply Chain Software Supply Chains Price Reduction Cost Reduction 124

CH Robinson Logistics

MARCH 12, 2020

Using technology to drive strategy and improve performance—and ultimately create financial value—is top of mind for shippers today managing complex global supply chains. In our own survey of 3,000 shippers, over 60% of technology decision-makers said they desire improvements in visibility. Gartner research on real-time visibility.

Supply Chain Design Software 62

Supply Chain Design Software Supply Chain Planning Software Vendor Strategies Inventory Reduction 62

Material Handling and Logistics

JULY 29, 2018

While studies show that consumers want sustainable products, only 5%-10% will actually pay a price differential for that,” Sheffi says. Cutting energy costs is the poster child for this,” says Sheffi. “In Reducing energy costs often reduces GHG emission. Consumers won’t trade quality and performance for sustainability.”.

Sourcing Strategies 133

Sourcing Strategies Cost Reduction Price Reduction Material Savings 133

GlobalTranz

SEPTEMBER 28, 2015

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.

Survey 93

Survey 3PL Supply Chain Design Software Supply Chain Software 93

SYSPRO Smarter ERP

APRIL 18, 2022

Longstanding weaknesses in the supply chain like port infrastructure, outdated supply chain strategies and impacts of natural disaster and wars have all further affected global supply chains. While the pandemic was undoubtedly the catalyst for recent supply chain disruptions it’s not the only cause. Digitalization to thrive into the future.

Manufacturing Procurement 124

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software ERP 124

Freightos

JANUARY 15, 2024

It may be off a lower-than-normal base price but for importers and exporters suffering from lower sales, it’s almost certainly troubling news. The decrease in logistics costs led 35% of importers to lower their product prices, possibly contributing to the easing of inflation rates.

Negotiating Skills 127

Negotiating Skills Optimal Sourcing Price Reduction Cost Reduction 127

Freightos

AUGUST 14, 2023

When it comes to how they are using it, there is also a clear trend, with 75% deploying AI for pricing (like freight rate management ) and another half tapping it for shipping operations, while others are branching into sales or customer support with AI. Specifically, 53% anticipate a limited reduction, while 31% foresee substantial cuts.

Price Reduction 118

Price Reduction Logistics Network Optimization Software Material Savings Supply Chain Software 118

Now, That's Logistics

JULY 5, 2023

She says it’s going to study the latest marketplace trends, come up with strategies to tackle fraud within brokerage operations and work on short, medium, and long-term legislative and regulatory solutions. Lastly, partnerships and relationships as they play a pivotal role in emission reduction and efficiency gains.

Cost Reduction 145

Cost Reduction Price Reduction Supply Chain Planning Software Supply Chain Software 145

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. Supply Chain Strategy. In 2014, a survey by Tompkins Consortium delivered a shocking revelation. Supply Chain and Business Success By the Numbers.

Supply Chain Design Software 111

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

Logistics Viewpoints

JUNE 16, 2021

Companies are investing more money into sustainability initiatives, seeking to reduce waste and carbon emissions. More recently, we have seen a push towards building a circular supply chain to eliminate waste and build a continual use of resources. The Sustainable Supply Chain. Supply chain sustainability takes on a lot of forms.

Supply Chain Planning Software 119

Supply Chain Planning Software Supply Chain Design Software Waste Reduction Supply Chain Design 119

Talking Logistics

MARCH 26, 2019

Crafting an integrated supply chain strategy that helps retailers deliver on their promise and keep prices competitive is at the heart of this challenge. Ninety-six percent of Americans have made at least one online purchase and 51% of those surveyed say they prefer to shop online. Increasingly, they are shopping online.

Vendor Strategies 107

Vendor Strategies Resource Reduction Cost Reduction Price Reduction 107

Locus

MAY 8, 2024

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. And it does translate to serious business losses. The answer lies in technology.

Supply Chain Planning Software 98

Supply Chain Planning Software Optimization Software Supply Chain Software Price Reduction 98

Blue Grace Logistics

SEPTEMBER 12, 2017

“Results from the 2017 study show that roughly 75% of respondents are using the mix strategy (be all things to all people) as the predominant approach for their companies compared to the 51% who we reported utilizing a mix strategy in our 2016 results. and 30.9%, respectively,” says Logistics Management. The Structure of Service.

Cost Reduction 89

Cost Reduction Logistics Network Optimization Software Price Reduction Sourcing Strategies 89

Logistics Bureau

MAY 31, 2016

When customers step up pressure on prices and when economic growth flattens or dips, a supply manager’s mind turns to cost reduction. Or rather, it turns even more to cost reduction, as squeezing out savings that then show up directly on the bottom line is a goal that never goes away. Elimination of redundant activities.

Cost Reduction 53

Cost Reduction Inventory Reduction Material Savings Expense Reduction 53

MTS Logistics

NOVEMBER 27, 2023

Soft pricing, lower demand, and economic uncertainties are creating a complex landscape, and the shipping industry is gearing up to face these issues head-on. The persistent soft pricing in the shipping sector is expected to extend into 2025, a consequence of capacity outpacing demand. The overall climate in the market is uncertain.

Price Reduction 109

Price Reduction Inventory Reduction Cost Reduction Ordering 109

Logistics Viewpoints

MAY 3, 2022

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. We found three key strategies that could serve as a blueprint for other supply chains: Rethink Packaging.

Supply Chain Design Software 111

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 111

Ottawa Logistics

NOVEMBER 21, 2016

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. gs done right and on time.

Price Reduction 90

Price Reduction Cost Reduction Logistics Network Optimization Software Supply Chain Software 90

Logistics Viewpoints

JUNE 7, 2022

Furthermore, inflation has become a growing concern, causing price pressure up and down the supply chain. The survey’s results suggest a series of misalignments where gaps in process, technology and information flow can be a drag on productivity and optimization. The study highlighted a number of areas where these gaps arose.

Optimal Sourcing 131

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Supply Chains 131

GlobalTranz

MAY 12, 2015

Traditional segmentation strategies no longer work in a world characterized by complexity and constant change. Creating a cohesive back-end is an important first step, enabling companies to make real-time decisions, streamline production, and cut costs. The Customer Owns the Empire. Embrace Digital Disruption.

Manufacturing Procurement 97

Manufacturing Procurement Modeling Software Supply Chain Planning Software Digital 97

GlobalTranz

MAY 6, 2021

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%). Load optimization reduces the risk of empty miles for carriers.

Cost Reduction 98

Cost Reduction Resource Reduction Price Reduction Logistics Network Optimization Software 98

MTS Logistics

OCTOBER 9, 2023

Regardless of their size, companies are reassessing their global supply chain strategies. By diversifying suppliers across different regions, companies can reduce the impact of localized disruptions. and European companies to reevaluate their supply chain strategies. What are the benefits of supply chain risk diversification?

Negotiate Pricing 105

Negotiate Pricing Negotiating Skills Supply Chain Software Supply Chains 105

GlobalTranz

APRIL 13, 2021

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. Price fluctuations and sourcing issues. It’s not enough to have a Plan B, just in case.

Supply Chain Planning Software 82

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 82

Logistics Viewpoints

JANUARY 26, 2021

Fifty-two percent of respondents are working on individual digital projects but lack an overarching strategy that links all these efforts. In a 2018 survey by GEODIS, only 6% of supply chain professionals worldwide believed their companies had achieved supply chain visibility ?

Supply Chain Software 119

Supply Chain Software Definition Supply Chain Planning Software Supply Chains 119