Ship Monk

SEPTEMBER 14, 2023

According to a study conducted by Harvard Business Review, 73% of retail shoppers use multiple channels to shop. Another study by Retail Dive found that the average engagement rate of marketing campaigns using three or more channels was 18.96% (that’s the average across all channels!) What is a Multichannel Sales Strategy?

Inventory Reduction 64

Inventory Reduction Price Reduction Cost Reduction eCommerce 64

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

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. The answer, he says, is easy and achievable—energy.

Sourcing Strategies 133

Sourcing Strategies Cost Reduction Price Reduction Material Savings 133

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

Freightos

AUGUST 14, 2023

In one example, an employee of Varda, a SpaceX-like company, began to publicly attempt to replicate the study and had over 10,000 people tuning in to watch a live stream of rocks in a furnace. Specifically, 53% anticipate a limited reduction, while 31% foresee substantial cuts. The first divergence is on implementation.

Price Reduction 118

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

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 130

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Supply Chains 130

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

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 109

Vendor Strategies Resource Reduction Cost Reduction Price Reduction 109

Material Handling and Logistics

APRIL 4, 2018

Adoption of the technology is slow but manufactures feel it can dramatically reduce the time to make strategic decisions as well as help them operate more efficiently and effectively. The study, "Embracing a Digital Future," reveals a disconnect between executives’ opinions of their DSN efforts and actual implementation.

Supply Chain Software 117

Supply Chain Software Digital Supply Chains Survey 117

Blue Grace Logistics

SEPTEMBER 12, 2017

According to the findings from the “26th Annual Study of Logistics and Transportation Trends (Masters of Logistics)”, more companies are beginning to understand that new business models and new competition in the field are changing customer expectations. 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

GlobalTranz

MARCH 28, 2017

At the close of 2016, the 21 st Annual Third-Party Logistics Study found the overall use of third-party logistics providers ( 3PLs ) is increasing, but the types of logistics services utilized indicate the industry is entering a shift in how it operates. 3PLs and Shippers Report Positive Partnership Outcomes.

Study 75

Study Logistics Network Optimization Software Cost Reduction Resource Reduction 75

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. Study participants represented manufacturing, retail, food & beverage, pharmaceuticals, and other industries. gs done right and on time.

Price Reduction 90

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

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. Mini Case Study: Walmart.

Supply Chain Design Software 111

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

Logistics Viewpoints

MAY 3, 2022

An IBM study found that 57% of consumers are willing to change their shopping habits to protect the environment. 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.

Supply Chain Design Software 109

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 109

The Logistics of Logistics

AUGUST 11, 2021

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.

Supply Chain Software 195

Supply Chain Software Supply Chains Manufacturing Procurement Logistics Network Optimization Software 195

Material Handling and Logistics

OCTOBER 30, 2018

Suspicion that digitization will eliminate jobs is not without cause—there is no doubt that certain roles are changing or being eliminated by automation. In a recent Forrester study, they found the problem to be poor quality data. Now, it can be deemed scary! Be proactive about your suppliers! Foundation, Foundation, Foundation.

Optimal Sourcing 166

Optimal Sourcing Procurement Solutions Procurement Analytics Procurement 166

Logistics Viewpoints

JANUARY 26, 2021

In a study of logistics providers conducted by Fraunhofer IML, only 36% of organizations reported that they had a clear overall plan for digital transformation. Fifty-two percent of respondents are working on individual digital projects but lack an overarching strategy that links all these efforts.

Supply Chain Software 117

Supply Chain Software Definition Supply Chain Planning Software Supply Chains 117

Blue Grace Logistics

DECEMBER 11, 2023

Q1 optimism seen in BlueGrace Confidence Index Show Submenu Resources The Logistics Blog® Newsroom Whitepaper Case Study Webinars Indexes Search Search BlueGrace Logistics - December 11, 2023 The recently-released edition of the BlueGrace Logistics Confidence Index issued by Tampa, Fla.-based

Inventory Reduction 109

Inventory Reduction Optimization Software Optimization Resource Reduction 109

WorkWave

JANUARY 20, 2025

WorkWave is at the forefront of developing Analytics & AI tools to help our customers streamline operations, reduce their spend and overcome common yet difficult hurdles in their businesses. By identifying this issue early, the company can replace underperforming equipment, improve job efficiency, and reduce maintenance costs.

Optimization Software 64

Optimization Software Security Data Industry 64

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

Freightos

MAY 23, 2024

Air cargo for example, though continuing to make digital strides, is still behind – and is often compared to – passenger travel where digitized capacity, pricing and online bookings have been around for decades and is in some ways the digitalization template air cargo is referencing. But this problem isn’t new.

Industry 112

Industry Logistics Network Optimization Software Price Reduction Logistics 112

Ship Monk

APRIL 28, 2023

In addition to satisfying conscientious consumer demand, eco-friendly efforts can benefit your ecommerce business by reducing waste within your company and improving operational efficiencies. Translation: these ecommerce businesses have operating standards that minimize or reduce negative impact on the planet.

eCommerce 97

eCommerce Waste Reduction How To Material Savings 97

Logistics Viewpoints

DECEMBER 7, 2022

Fuel prices and a shortage of drivers are putting transport logistics under immense pressure. A recent survey conducted by the International Road Transport Union (IRU) industry association shows that this bottleneck has exacerbated worldwide over the past two years. These lower costs can then reduce the overall cost of consumer goods.

Data 128

Data Logistics Network Optimization Software Optimization Software Supply Chain Software 128

Logistics Business Magazine

JUNE 28, 2021

For this reason, the Alpega Group , the leading logistics software company offering modular solutions to cover all transportation needs, backed by 35 years of experience in the market, conducted a macro-survey where more than 1.200 logistics and transport companies across Europe participated through its freight exchanges, Teleroute and Wtransnet.

Study 44

Study Transportation Price Reduction Optimization Software 44

GlobalTranz

JULY 8, 2015

And at the end, check out a nice infographic speaking more to reverse logistics strategies and practices. Reverse Logistics allows businesses to recoup a portion of the original purchase price of this equipment. However, 70 percent of respondents within the survey saw Reverse Logistics as a burdensome cost for the business.

Reverse logistics 110

Reverse logistics Material Savings Cost Reduction Logistics Network Optimization Software 110

GlobalTranz

APRIL 1, 2016

The 52 percent who aren't ready will soon be playing catch-up to companies on the cutting edge of these trends. For instance, a Canvas survey found that 33 percent of manufacturing companies are now using mobile customer relationship management (CRM) apps. Here are three ways digital technology is making manufacturing more responsive.

Modeling Software 78

Modeling Software Optimization Software Price Reduction Resource Reduction 78

Blue Grace Logistics

NOVEMBER 3, 2023

Glenn Taylor | Sourcing Journal November 02, 2023 In an improving sign for the retail supply chain, the majority of shippers surveyed by third-party logistics (3PL) provider BlueGrace Logistics—64.4 The index correlates growth or shrinkage to overall industry volume of freight shipments and product prices. “We READ THE FULL ARTICLE

Inventory Reduction 117

Inventory Reduction Inventory Ordering Freight 117

Ship Monk

JANUARY 9, 2024

Multichannel to Omnichannel You’ve heard us talk about a multichannel sales strategy before, and we’re happy to say that most of our ecommerce clients are already doing this. In 2024, we expect to see more brands moving from a multichannel strategy to create an omnichannel experience for their customers.

eCommerce 105

eCommerce Trends Optimization Software Supply Chain Software 105

WorkWave

NOVEMBER 18, 2019

Additionally, some owners believe that up-charging customers and inflating prices is an effective strategy because it gives the appearance of legitimacy and quality. However, studies have found that this is not the case. If you price your services too high, you can end up driving customers away. Will it be by story?

Price Reduction 56

Price Reduction Material Savings Optimization Software Cost Reduction 56

Blue Grace Logistics

MAY 15, 2018

According to information from a new study, there is still a disconnect between the opinion of the digital supply chain and the actual implementation of it. . The survey conducted by Deloitte and MAPI, included more than 200 different manufacturing organizations. Challenges for Manufacturers .

Survey 48

Survey Supply Chain Software Optimization Software Digital 48

Freightos

AUGUST 29, 2019

Ocean carriers, in particular, feared better pricing and service offering visibility would commoditize their core product, sucking carriers into a pricing tailspin. Only half of Freightos Marketplace’s shipments are booked using the lowest price. Freight digitalization reduces cost. Firstly, automation reduces error.

Price Reduction 81

Price Reduction Logistics Network Optimization Software Supply Chain Software Cost Reduction 81

SYSPRO Smarter ERP

APRIL 11, 2022

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. ERP allows CFOs to identify potential efficiencies, enabling costs to be reduced across the organization.

Manufacturing Procurement 105

Manufacturing Procurement ERP Distribution Supply Chain Design Software 105

Blue Grace Logistics

JANUARY 10, 2023

Case Study. 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. Shippers shared their thoughts about shipping and consumer demand in our survey. Consumers are paying the price.

Material Savings 62

Material Savings Price Reduction Purchasing Skills Cost Reduction 62

Log-hub

JULY 31, 2024

Optimizing the supply chain in this sector is crucial for enhancing efficiency, reducing costs, and maintaining competitive advantage. Recent data underscores the significant improvements that companies have achieved through these strategies. Streamlined supply chain processes can lead to significant cost savings.

Optimal Sourcing 40

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Price Reduction 40

Blue Grace Logistics

MAY 7, 2019

The CFO is also responsible for identifying opportunities to reduce operating costs without sacrificing the quality of the products and services offered by the company. But is it a good strategy to wait for things to go wrong to ask the CFO to step in? But is it a good strategy to wait for things to go wrong to ask the CFO to step in?

Negotiating Skills 48

Negotiating Skills Purchasing Skills Supply Chain Planning Software Supply Chain Software 48

GlobalTranz

NOVEMBER 21, 2016

Cutting costs and maximizing value are hallmarks of an efficient transportation management system (TMS) solution. In fact, using a TMS solution decreases freight costs for more than 60 percent of companies surveyed, reports ARC Insights. More recent studies have found similar results. Define Your Needs For Your TMS Solution.

Negotiating Skills 79

Negotiating Skills Optimization Software Cost Reduction Price Reduction 79

SYSPRO Smarter ERP

SEPTEMBER 20, 2021

SYSPRO ’s 2020 survey, The Inflection Point for the Factory of the Future , showed that only about one-third (38%) of manufacturers’ business systems had enabled them to meet the challenges posed by the COVID-19 pandemic. Similarly, a 2021 study from McKinsey showed that just 19% of companies that had adopted Industry 4.0

Manufacturing Procurement 110

Manufacturing Procurement Optimal Sourcing Optimization Software Digital 110