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In an era where resilience and adaptability are key to survival, technology has become the bedrock upon which supply chain professionals build their strategies. This enables 3PLs to optimize inventory levels, reducing the risk of overstocking or understocking, even in uncertain economic times.
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.
Adam White Promoted to VP of Marketing Show Submenu Resources The Logistics Blog® Newsroom Whitepaper Case StudyWebinars Indexes Search Search Adam Blankenship - July 29, 2024 BlueGrace Logistics Promotes Adam White to Vice President of Marketing TAMPA, FL (July 29, 2024) – BlueGrace Logistics (BlueGrace), a leading Third-Party Logistics (3PL) provider (..)
Retailers and wholesalers are trying to put the brakes on that shift, changing inventory and transportation strategies to minimize costs and slow down rather than speed up supply chains, according to BlueGrace Logistics, which produces a quarterly LogisticsConfidence Index (LCI).
The expanded role oversees BlueGrace’s carrier relations and procurement efforts. Carly’s vast industry experience and knowledge have made a significant impact on our carrier relations team,” said Adam Blankenship, COO of BlueGrace.
a How to Navigate Your Supply Chain During Market Swings Show Submenu Resources The Logistics Blog® Newsroom Whitepaper Case StudyWebinars Indexes Search Search BlueGrace Logistics - November 21, 2023 In the realm of ever-fluctuating food prices, a pragmatic revolution is quietly taking place in the shopping carts of budget-conscious consumers.
Q1 optimism seen in BlueGrace Confidence Index Show Submenu Resources The Logistics Blog® Newsroom Whitepaper Case StudyWebinars Indexes Search Search BlueGrace Logistics - December 11, 2023 The recently-released edition of the BlueGrace Logistics Confidence Index issued by Tampa, Fla.-based
The Supply Chain of Mother's Day Flowers Show Submenu Resources The Logistics Blog® News Press Whitepaper Case StudyWebinars Indexes Search Search BlueGrace Logistics - May 9, 2023 Mother’s Day is a special day to celebrate and honor mothers around the world. per person, which was an increase from $16.50
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.
Webinars Show Submenu Resources The Logistics Blog® Newsroom Whitepaper Case StudyWebinars Indexes Search Search Adam White - February 29, 2024 LinkedIn Live Webinar On-Demand: Transportation Cost: The impacts & how to gain visibility to the right data What’s the Topic?
The fundamentals of a Freight Rating System match a user’s shipping and freight characteristics and a carrier’s service and price options. These elements go beyond price and should be taken into consideration as to how they can provide additional benefits to a shipper. Find out how pricing is made available to shippers.
In fact, the annual ChainLink Research Study found innovation to be the top focus for those involved in the manufacturing community. Furthermore, innovation has replaced previous expectations and practices of reducingprices and focusing on reducing the consumers’ costs. Innovation Reduces Risk to Businesses.
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. In many cases, the rationale behind this response remains in-house RLS (Reverse Logistics Strategy). Cost Management.
Many studies state that those who can manage the functions with the supply chain, they have a competitive advantage. However, with reduced life cycles, customer-driven innovative products and services have forced supply chains to be flexible and adaptable. Reducing the dependence on a sole supplier is crucial in managing risk.
How to Navigate Your Supply Chain During Market Swings Show Submenu Resources The Logistics Blog® Newsroom Whitepaper Case StudyWebinars Indexes Search Search BlueGrace Logistics - November 21, 2023 Market conditions play a crucial role in shaping challenges professionals face when managing their organization’s supply chains.
Girl Scout Cookies Crumble Under Supply Chain Woes Show Submenu Resources The Logistics Blog® News Press Whitepaper Case StudyWebinars Indexes Search Search BlueGrace Logistics For some Girl Scouts and their bake sale fans, it’s shaping up to be another tough cookie season. This year is seeing similar problems.
The 52 percent who aren't ready will soon be playing catch-up to companies on the cutting edge of these trends. Mobile CRM apps support distributed order management, pricing and fulfillment by providing real-time data to manufacturing sales representatives. Here are three ways digital technology is making manufacturing more responsive.
Bottom line, it’s great to say you want to have a commerce-enabled site, but before jumping to the technology stage, what is your strategy? The Cerasis “e-commerce” blog category has great articles on developing your strategy. From reverse logistics to pricing, and finally, some solutions. . Differentiation.
The erosion in the cost advantage has been driven by a confluence of sharp wage increases, lagging productivity growth, unfavorable currency swings, and a dramatic rise in energy costs, states the Boston Consulting Group (BCG) based on a study of 25 nations that account for nearly 90 percent of global exports of manufactured goods.
The index correlates growth or shrinkage to overall industry volume of freight shipments and product prices. “We Based on the sentiment for inventory, there’s going to be some inventory replenishment , but most likely, shippers are going to be shifting to a more conservative inventory management strategy,” Lockard told Sourcing Journal.
Prescriptive Analytics is at the cutting edge of data science and companies are increasingly interested in exploring its benefits. Perhaps most importantly, changing your strategy is nearly impossible. They needed to be agile and understand when to change pricing or suppliers more quickly. billion in value by 2019.
Cutting costs and maximizing value are hallmarks of an efficient transportation management system (TMS) solution. More recent studies have found similar results. Unfortunately, the modern era has given rise to dozens, if not hundreds, of lightning-fast systems, and many of them do improve efficiency.
Expedited Freight Questions Answered Show Submenu Resources The Logistics Blog® Newsroom Whitepaper Case StudyWebinars Indexes Search Search BlueGrace Logistics - November 10, 2023 Whether your organization uses expedited freight shipping every day or occasionally, it pays to understand how to use these services as effectively as possible.
Case Study. It’s important to factor extended transit times into your inventory management strategy. It’s important to factor extended transit times into your inventory management strategy so that inventory arrives in sufficient time to meet demand, and to ensure your products are always in stock during the holiday season.
Users of SONAR are then able to use the most up-to-date market data to react with pricing and capacity strategies faster to strengthen negotiations, compliance and relationships. Whether it is pricing one load or benchmarking a billion-dollar supply chain, you can trust SONAR to respond with more accuracy and confidence.
Analysts point to several macro trends buoying the LTL market, specifically e-commerce growth and the increasing impact of near-shoring since the start of the pandemic. Shippers and carriers must remain focused on long-term growth by negotiating fair pricing. Not much can be done in the foreseeable future that will lower fuel prices.
Demand for Goods and Services Remains High In Florida Show Submenu Resources The Logistics Blog® News Press Whitepaper Case StudyWebinars Indexes Search Search BlueGrace Logistics Shippers’ demand for trucks may bounce back this year according to a Bank of America. What will 2023 bring for the economy of durable goods?
Growers, shippers, and retailers with advanced supply chain strategies are earning consumer loyalty, thanks in part to the supply chain professionals who plan, execute, and adapt to the challenges posed by fresh produce. Reducing the environmental impact of producing and transporting produce is a major concern.
This information is then used to adjust shipper pricingstrategies, eventually pushing increased costs back to consumers. The ripple effect of inflation has streamlined the benefits of managed logistics, which provides insights to combat escalating costs in an effort to maintain profit margins.
Retailers need to have economical shipping prices by optimizing fleets and third-party carriers to reduce shipping costs. Download the Case Study 3. High first-attempt delivery: With optimized routes, create precise delivery schedules to reduce reattempts and failed deliveries. Locus helped Bigbasket hit 99.5%
In short, this survey is saying, among many other studies and reports, that those shippers who partner/outsource to a 3PL are staying competitive because the shipper is able to bring on immediate expertise through the use of a 3PL and the shipper then is able to compete and stay on top of all the latest changes in logistics capability.
He says transportation management companies benefit from Motionloft by using it to study traffic patterns and “optimize business practices such as sending out police forces only during peak rush hours, having maintenance crews repair roads that get the most travel, and deploying sanitation crews to clean public areas only when needed.”.
Our Webinar discusses the typical LTL network and differentiates between less than truckload (LTL) and full truckload and the factors companies should consider when deciding which alternative is best for a particular shipment. Blanket rate pricing main type associated with the LTL market. MYSHIPPING or fill out the form below.
Case Study. This could partially explain why port congestion did not decrease among East Coast ports even when the West Coast saw a reduction. Consumers are paying the price. The most reported habit changes were consumer price increases, by 70% of surveyed shippers, and expected service level decreases, by 69% of respondents.
Perhaps most importantly, changing your strategy is nearly impossible. They needed to be agile and understand when to change pricing or suppliers more quickly. Off the shelf scheduling tools, pricing optimization tools, and production planning tools tend to work well for many businesses. Validating and finding errors is taxing.
Case Study. The softening in LTL pricing noted by BlueGrace mirrors the decline in the long-distance LTL producer price index over the summer, but pricing remains historically high. Carriers are going to price to get the stuff they want on their trucks,” he said. The Logistics Blog®. Whitepaper. October 24, 2022.
Case Study. Knowledge is power–understanding what’s causing the situation can help reduce stress and enable you to select the best course of action to best move forward. Order volumes will pick back up once companies work through existing inventories and as prices for transportation and fuel continue to decline.
It also showed that 80% of consumers are willing to pay higher prices for same-day deliveries. To access the complete set of insights, view the webinar here: Watch the Webinar. Some surveys and studies suggest 52% of the IT projects do overtime budgets. Below are key takeaways from the session “ Buy vs Build?
Shipper's Guide to Planning Ahead Show Submenu Resources The Logistics Blog® News Press Whitepaper Case StudyWebinars Indexes Search Search BlueGrace Logistics - March 20, 2023 Data shows there is a consensus that revenue will increase and inventory levels will build. This is the cyclical market of supply chain transportation.
Consumers expect nothing less than perfect order fulfillment : the right products delivered to the right place, right now, in perfect condition, at the lowest price. A Gartner/AMR study shows that retailers typically pay anywhere between $585 and $1,000 per vendor in supply management costs. Mistakes Will Happen. Have a Plan.
Case Study. According to those surveyed, they are making this move to reduce costs, add revenue, and/or support company growth. These companies report that this move is also beneficial to their customers by improving costs, services, delivery times, efficiency, and a reduction in damaged goods. The Logistics Blog®. Whitepaper.
The Freightos System is SaaS for freight contract management, automatic price quotations, and business intelligence. McLean convinces the US Army that shipping containers provide a more reliable service (also eliminating dockside pilfering by Viet Cong sympathisers). Ceiling year of a study of 22 industrialised countries (Uni.
In fact, we will release next week our first e-book of 2016 (of a monthly series of e-books) which will highlight several areas for shippers to focus on in order to create an effective transportation and logistics management strategy. . Above average increases in freight costs could indicate your expenses are cutting into your bottom line.
The short answer is that Sidechain transactions will be variably priced. In the future, a fee market for governing the price of Karma is a possible evolution, but at first, the ShipChain Foundation will set the rates. Can you share some feedback outside companies had on the recent webinar? Absolutely. The promise of Eth2.0
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