GlobalTranz

JANUARY 17, 2017

So, let’s take a look at how our predictions for the first four manufacturing technology trends (Predictive analytics, 3D Printing, and VR) to watch for in 2016 stacked up. Predictive Analytics Became Commonplace to Manufacturing. Clearly, the IoT has caught on much faster than experts could have hypothesized.

Manufacturing Procurement 82

Manufacturing Procurement Procurement Analytics Expense Reduction Material Savings 82

Blue Grace Logistics

JULY 27, 2021

We explore how predictive analytics and big data with human sentiments can add value and amplify their supply chain strategies. What this blog is about: Leveraging predictive analytics for forecasting and visibility. It is certainly harder to run an enterprise without forecasts or with incorrect future predictions.

Procurement Analytics 62

Procurement Analytics Supply Chain Planning Software Supply Chain Software Supply Chain Design Software 62

GlobalTranz

OCTOBER 11, 2018

The importance of an omnichannel supply chain strategy cannot be overstated. According to Randy Strang of Supply Chain 24/7, a survey of the most important parts of a shopping experience found customers’ expectations are more than meets the eye. What’s Wrong With Omnichannel Supply Chain Strategy and Customer Service?

Inventory Reduction 74

Inventory Reduction Price Reduction Cost Reduction Supply Chains 74

Material Handling and Logistics

OCTOBER 11, 2018

billion, according to a report from the National Retail Federation. billion on costumes (purchased by 68% of Halloween shoppers), $2.7 Pet costumes continue to gain popularity, with nearly 20% of celebrants planning to dress their pets in costumes this year, up from last year’s 16%, the federation reports. Out of the 31.3

Procurement Analytics 130

Procurement Analytics Scenario Planning Survey Study 130

Logistics Viewpoints

FEBRUARY 3, 2022

planning offers an alternative to swinging the pendulum and as the strategy that provides the supply chain resilience leaders seek. As you evaluate strategies to mitigate risk and build resilience, beware of headlines blaming JIT inventory practices and recommending a move to JIC. A change to one link (e.g. on-time delivery).

Inventory Reduction 131

Inventory Reduction Supply Chain Planning Software Supply Chain Design Software Inventory 131

Logistics Viewpoints

FEBRUARY 11, 2021

At the same time, the Chief Purchasing Officer (CPO) has taken on a pivotal role by securing Personal Protective Equipment (PPE) to protect the workforce and direct materials when primary sources fail. Let us examine these: Implementing a ‘China Plus One’ strategy: Part of the resiliency comes from having alternate sources of supply.

Manufacturing Procurement 112

Manufacturing Procurement Supply Chain Planning Software Sourcing Strategies Procurement Solutions 112

GlobalTranz

JANUARY 10, 2017

From artificial intelligence to refocusing on procurement, the state of supply chain continued to explode throughout 2016, and you need to understand why. A 2016 Accenture survey, reports RF Gen , explained how more companies are taking advantage of AI benefits through linked supply chains. The State of Supply Chain 2016 Trends.

Manufacturing Procurement 65

Manufacturing Procurement Optimal Sourcing Procurement Analytics Procurement Solutions 65

GlobalTranz

FEBRUARY 19, 2016

As time passed, procurement gradually gained a larger role in the scope of manufacturing and order fulfillment. By the mid-1950s , procurement had become a commonplace aspect of minor business, and procurement was almost comparable to secretarial work. Why Is Technology Driving Procurement Trends and the Role of Procurement?

Manufacturing Procurement 56

Manufacturing Procurement Optimal Sourcing Procurement Analytics Procurement Solutions 56

Logistics Viewpoints

AUGUST 5, 2021

In MIT’s State of Supply Chain Sustainability 2021 , 80% of executives surveyed said the pandemic either had no impact on their commitment or increased it. PwC reports that almost half of assets under management are held by investment firms committed to decarbonization.

Supply Chain Planning Software 128

Supply Chain Planning Software Supply Chains Material Savings Waste Reduction 128

Material Handling and Logistics

JANUARY 10, 2018

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). Kristi Montgomery, VP of innovation, Kenco.

Supply Chain Design Software 144

Supply Chain Design Software Supply Chain Software Supply Chain Design Supply Chains 144

Material Handling and Logistics

AUGUST 31, 2018

It’s true that the major issues in the supply chain—which were confirmed through MH&L ’s workforce survey process and published in an earlier article —are nuanced. Then look at key metrics like total line items per order, picks per hour, and cost per pick per SKU to identify weak links and the most opportunistic areas for improvements.

Supply Chain Design Software 145

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 145

GlobalTranz

AUGUST 18, 2015

Companies based on assets have had years of experience in purchasing trucks and managing warehouse inventories. What Data Analytics and Business Process Strategy Services Are Offered? Shippers report capacity as their top concern for selecting a 3PL service provider, specifically 65 percent of surveyed shippers.

Logistics Network Optimization Software 96

Logistics Network Optimization Software Procurement Analytics Inventory Reduction Supply Chain Software 96

FLS Transport

NOVEMBER 26, 2020

The hottest stories in freight can be found here, in the Weekly Freight Report: 1. Carriers need to switch up their strategy. The good news is, rejections typically have a natural ceiling and the analytics at Freightwaves believe we are nearing that point. Check out the survey results here. Here’s where to start.

Procurement Analytics 52

Procurement Analytics Freight Manufacturing Procurement Survey 52

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. Conversely, just 8% of businesses with less capable supply chains report above-average growth. Supply Chain Strategy. Now for those statistics I mentioned.

Supply Chain Design Software 111

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

SYSPRO Smarter ERP

SEPTEMBER 1, 2022

It’s no secret that manufacturing companies around the world are rethinking their supply chain strategies. With shortages occurring in unexpected sectors and lockdown strategies impacting logistics, companies looked at reshoring to stabilize and strengthen their supply chains.

Manufacturing Procurement 105

Manufacturing Procurement Supply Chain Planning Software Sourcing Strategies Supply Chain Software 105

Morai Logistics

SEPTEMBER 14, 2018

Survey results from ‘623 supply chain professionals across 17 countries’, concluded that one of the top industry challenges was ‘facing global competition’. A rise in ecommerce has enabled consumers to purchase products anywhere at any time, which has created a need for immediacy. Customer-Centric Approach.

Supply Chain Software 102

Supply Chain Software Supply Chains Digital Logistics Network Optimization Software 102

GlobalTranz

NOVEMBER 21, 2017

Some supply chain companies are leaning on the power of analytics to help streamline their processes and get ahead of their competitors. But many companies have struggled to embrace the relationship between using analytics and implementing changes that can improve business performance. The simpler the model, the more likely the use.

Supply Chain Software 69

Supply Chain Software Procurement Analytics Supply Chains Data 69

Logistics Viewpoints

FEBRUARY 2, 2024

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.

Cost Reduction 120

Cost Reduction Inventory Reduction Manufacturing Procurement Logistics Network Optimization Software 120

Logistics Viewpoints

JANUARY 26, 2021

This means supply chain and logistics professionals need to distinguish between more frequently purchased products and the slower-moving products customers are willing to wait for. 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.

Supply Chain Software 117

Supply Chain Software Definition Supply Chain Planning Software Supply Chains 117

Logistics Viewpoints

APRIL 21, 2022

Earlier in 2022, we conducted a survey of 8,000 consumers across North America and Europe to get a better sense of their ecommerce experience and how they were reacting to retailer performance. On one hand, consumers expect to increase their online purchases post-pandemic. What’s your home delivery excellence strategy?

Optimal Sourcing 109

Optimal Sourcing Eliminating Excel in Purchasing Purchasing Skills Sourcing Strategies 109

SYSPRO Smarter ERP

MARCH 21, 2022

Several surveys have reported how SCM in recent years has moved from being a cost center to one responsible for offering superior customer experience and delivering competitive advantage. According to a report , between 2020 and 2021 there was a dramatic growth in companies focusing on making their supply chains more resilient.

Manufacturing Procurement 116

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software Supply Chains 116

Locus

MAY 20, 2024

A recent survey forecasts that retail sales will soar to $32.76 BORIS – Buy Online Return In Store BORIS is another omnichannel fulfillment model where consumers can return their previously purchased online orders at nearby physical stores. If there is one industry that continues to scale robustly, it is Retail.

Inventory Reduction 98

Inventory Reduction Logistics Network Optimization Software Cost Reduction Optimization Software 98

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

Trinity Logistics

NOVEMBER 13, 2023

DIFFICULTY FINDING LABOR DIVERSIFYING WORKFORCE TECHNOLOGY IS TAKING OVER INCREASING CYBERSECURITY CARBON NEUTRALITY BUILDING RESILIENT SUPPLY CHAINS DIFFICULTY FINDING LABOR Manufacturers are still struggling to find labor, with a recent Deloitte survey estimating that the manufacturing sector will be short 2.1

Manufacturing Procurement 118

Manufacturing Procurement Supply Chain Software Trends Supply Chain Planning Software 118

Logistics Bureau

OCTOBER 2, 2016

According to a survey by Deloitte from 2014, 79 % of companies with high-performing supply chains achieve revenue growth greater than the average within their industries. Conversely, just 8% of businesses with less capable supply chains report above-average growth. Supply Chain Strategy. Now for those statistics I alluded to.

Supply Chain Design Software 99

Supply Chain Design Software Supply Chain Design Inventory Reduction Cost Reduction 99

Logistics Viewpoints

MAY 3, 2022

But it’s important to remember that while customers want their purchases fast, sometimes even the next day, many care about the environmental impact of that delivery as well. In response to these rising complexities, late last year, Körber commissioned its first ever Supply Chain Benchmarking report. It’s time to rethink everything.

Supply Chain Design Software 108

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 108

Logistics Bureau

DECEMBER 6, 2024

Indeed, gamification is becoming an increasingly popular feature across the entire supply chain, from procurement to last-mile delivery. Essentially, gamification is just an expansion of the use of metrics and KPIs to measure human performance. But is gamification really a responsible approach to improving supply chain performance?

Supply Chain Design Software 73

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 73

GlobalTranz

OCTOBER 14, 2015

It is surprising then that despite the hundreds of millions of RFID tags sold this year alone that, according to results from the 2014 GS1 US Standards Usage Survey, finally saw the technology living up to the hype in the logistics industry in the last few years. INFOGRAPHIC: Streamline Supply Chain Using Social Media.

Supply Chain Planning Software 104

Supply Chain Planning Software Supply Chain Software Supply Chain Technology Sourcing Strategies 104

GlobalTranz

MAY 12, 2015

Traditional segmentation strategies no longer work in a world characterized by complexity and constant change. Armed with industry knowledge, technology savvy, and purchasing power, customers control the sales cycle. Now new markets are flexing their purchasing muscle. billion individuals join the consuming class.

Manufacturing Procurement 97

Manufacturing Procurement Modeling Software Supply Chain Planning Software Digital 97

GlobalTranz

JULY 8, 2015

And at the end, check out a nice infographic speaking more to reverse logistics strategies and practices. Cost Management. 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).

Reverse logistics 110

Reverse logistics Material Savings Cost Reduction Logistics Network Optimization Software 110

Locus

JUNE 23, 2023

So, knowing more about order fulfillment, its importance, process, and strategies is critical. In a recent global survey of 31,040 shoppers, 41% said they wanted to receive the product within 24 hours, and 24% wanted to receive their orders in less than two hours. So there is no fixed rule for selecting the order fulfillment strategy.

Inventory Reduction 52

Inventory Reduction Cost Reduction Resource Reduction Vendor Strategies 52

Logistics Viewpoints

FEBRUARY 8, 2022

As physical stores opened, shut down and re-opened again, consumers became more flexible in the way they shop for, and purchase, just about every product. According to a recent survey conducted by Bringg, 99% of retailers plan to offer same-day delivery within the next three years, compared to just 35% today.

Optimal Sourcing 103

Optimal Sourcing Logistics Network Optimization Software Supply Chain Planning Software Optimization Software 103

Logistics Viewpoints

AUGUST 16, 2024

I want to say a special thank you to Steve Banker and Conrad Hanf who I have worked closely with for the last 10+ years on Logistics Viewpoints as well as countless research projects, surveys, and events. The seller marketplace is part of Walmart’s larger strategy to expand its services beyond those of a typical retailer. from May’s 2.24

Logistics Network Optimization Software 120

Logistics Network Optimization Software Supply Chain Planning Software Optimal Sourcing Purchasing Skills 120

GlobalTranz

DECEMBER 7, 2016

percent from 2010 to 2011, and predictions estimate that business-to-business (B2B) sales resulting from e-commerce will make up the majority of sales by 2020, reports Four51. A recent survey, conducted by Handshake , found more than 79 percent of companies providing B2B sales already have customers clamoring for online ordering.

Manufacturing Procurement 87

Manufacturing Procurement Modeling Software Logistics Network Optimization Software Price Reduction 87

GlobalTranz

NOVEMBER 10, 2015

For these companies, the use of a dedicated transportation management system, such as Cerasis™ Rater , can be deployed to lower transportation costs across the entire supply chain. However, costs can be further reduced through the use of a warehouse management system (WMS). Implementation Costs.

Supply Chain Planning Software 90

Supply Chain Planning Software Optimization Software Inventory Reduction Cost Reduction 90

Ship Monk

JUNE 6, 2022

Method #1: Client Satisfaction Surveys. Build satisfaction surveys into your website and/or trigger emails to capture first, second, and third impressions from your customers. Make sure your survey questions get to the “why.” Make sure your survey questions get to the “why.” Method #2: Web and Email Analytics.

eCommerce 59

eCommerce Maintainability Supply Chain Software Logistics Network Optimization Software 59

Logistics Bureau

SEPTEMBER 28, 2020

Industrial companies are increasingly discovering the benefits of handing over control of their logistics operations to a 4PL company, which not only provides logistics and transportation services but also takes charge of vital reporting, usually through a supply chain dashboard that tracks KPIs and metrics in a single display.

4PL 98

4PL Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Design Software 98