Trinity Logistics

NOVEMBER 11, 2022

Many of today’s manufacturing trends are in line with the industry’s goals to improve processes, create more efficiency, and meet consumer demand. Let’s dive into the latest manufacturing trends. WHAT ARE THE LATEST TRENDS IN MANUFACTURING? Now, increasing output isn’t a new trend in manufacturing. DIVERSIFYING WORKFORCE.

Manufacturing Procurement 99

Manufacturing Procurement Trends Supply Chain Software Industry 99

Trinity Logistics

NOVEMBER 13, 2023

Many of today’s manufacturing trends are in line with the industry’s goals to improve processes, create more efficiency, and meet consumer demand. Let’s dive into the latest manufacturing trends. WHAT ARE THE LATEST TRENDS IN MANUFACTURING? Diversifying the workforce is a trend that goes in hand with employee recruiting.

Manufacturing Procurement 90

Manufacturing Procurement Supply Chain Software Trends Supply Chain Planning Software 90

Logistics Viewpoints

MARCH 4, 2021

Digital commerce efficiently requires the digitalization of many customer-facing operations and sourcing and procurement. The First Step: Bring all the data together and ensure analytics and planning can happen on the same platform. . Accurate and timely reconciliation of purchase orders with receipts.

Supply Chain Planning Software 164

Supply Chain Planning Software Scenario Planning Supply Chain Software Optimal Sourcing 164

Material Handling and Logistics

JANUARY 10, 2018

A look at the supply chain trends and technology that will come into play in 2018. While predicting the future is never an easy task, in order to be competitive all businesses need to be able to accurately anticipate what trends will affect them in the coming year. Predictive analytics will alter the future of the supply chain.

Supply Chain Design Software 144

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

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 169

Supply Chain Software Supply Chain Planning Software Definition Supply Chains 169

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.

Procurement Analytics 130

Procurement Analytics Scenario Planning Survey Study 130

SYSPRO Smarter ERP

NOVEMBER 1, 2021

We live in a time where we can purchase almost anything with a click of a button. A B2B e-commerce strategy is therefore becoming increasingly necessary for manufacturing businesses that want to better sell their products or procure the necessary components for manufacturing them. Transitioning to B2B e-Commerce.

Manufacturing Procurement 111

Manufacturing Procurement Supply Chain Planning Software Optimal Sourcing Inventory Reduction 111

Bringg

SEPTEMBER 20, 2018

Last week, Dotcom Distribution launched their annual eCommerce study. 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. The most popular categories purchased online remain consistent from the last report.

eCommerce 101

eCommerce Procurement Analytics Survey Purchasing 101

Logistics Viewpoints

AUGUST 4, 2021

Furthermore, COVID-19 exacerbated the existing shift from retail store purchases to e-commerce transactions, with a 32 percent increase in 2020 US e-commerce sales, according to the US Census Bureau. The Conference Board published a report in May titled “ Labor Shortages are Making a Comeback ”. Logistics Real Estate Growth.

Supply Chain Software 148

Supply Chain Software Supply Chains Procurement Analytics Warehousing 148

Logistics Viewpoints

APRIL 26, 2022

As more consumers flock to e-commerce, purchasing big & bulky goods such as furniture, appliances, and wholesale electronics online is becoming more common. A Statista study found that in 2020, the furniture and appliance e-commerce global market volume was $383.2B. How do deliveries impact consumer experience?

Supply Chain Planning Software 122

Supply Chain Planning Software Optimization Software Supply Chain Software Logistics Network Optimization Software 122

Logistics Business Magazine

NOVEMBER 24, 2023

Things are changing in supply chain management: while cost-cutting has been at the top of the agenda for many executives for years, in future they will be increasingly concerned with the shortage of skilled workers, sustainability and resilience. At a glance: The top ten SCM trends in 2024 1. Skilled labour shortage forces action 2.

Supply Chain Planning Software 55

Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software Optimization Software 55

GlobalTranz

DECEMBER 30, 2014

It is our mission to provide education around transportation management, trends in transportation, pertinent regulation changes and impacts on transportation, and anything related to trucking and carriers. Let’s take a look at these trucking industry trends and what kind of facts they provide. Read the Full Blog Post.

Blog 92

Blog Supply Chain Planning Software Modeling Software Expense Reduction 92

The Lean Thinker

DECEMBER 9, 2022

The study I am citing here was commissioned to determine why. Meanwhile at the opposite end of the building, the production scheduling team works to carefully orchestrate the availability of packaging materials, purchased components, as well as scheduling each phase of production so work is available for the next step.

Modeling Software 259

Modeling Software Optimization Software Expense Reduction ERP 259

WorkWave

AUGUST 4, 2020

In the grand scheme of things, data analysis falls into the categories of descriptive, predictive, and prescriptive. While descriptive data presents existing figures, predictive data allows you to draw insights from trends in your descriptive data in order to make an educated guess about what might happen next. Billing Reports.

Data 91

Data Procurement Analytics Sourcing Strategies Ordering 91

GlobalTranz

NOVEMBER 14, 2016

But nearly all of these processes revolve around a few common factors, reports DHL Customer Solutions & Innovation, and you need to understand what they mean for the supply chain and transportation industries. . This is predictive operations or predictive analytics. Obviously, there is a lot going on.

Supply Chain Software 97

Supply Chain Software Supply Chains Data Optimal Sourcing 97

WorkWave

JUNE 17, 2024

In this rapidly evolving landscape, staying up-to-date with digital marketing trends is crucial for businesses to stay competitive and effectively engage with their target audience in the ever-expanding digital space. This not only encourages customers to make purchases but also creates a sense of exclusivity and value.

Optimal Sourcing 96

Optimal Sourcing Sourcing Strategies Resource Reduction Optimization Software 96

Logistics Business Magazine

OCTOBER 12, 2022

Two seemingly conflicting trends are coming together that, if addressed correctly, could provide retailers with a competitive advantage and make them more profitable. So, how can these two trends be mutually beneficial? That’s exactly what the recent study “Retailers: Sustainability is Not a Challenge, It’s an Opportunity” concluded.

Eliminating Excel in Purchasing 66

Eliminating Excel in Purchasing Cost Reduction Purchasing Skills Procurement Analytics 66

Ship Monk

JULY 28, 2021

Think of the last time you purchased a product or service based on the recommendation of a friend, family member, or your favorite social media influencer. With so many options to choose from , it’s become the norm for buyers to research their future purchases, taking a cue from the general public before clicking “Buy.”. Word of Mouth.

Eliminating Excel in Purchasing 98

Eliminating Excel in Purchasing Case Study Procurement Analytics Purchasing Skills 98

Logistics Viewpoints

DECEMBER 1, 2022

In the study we conducted in 2022 called “ Ecommerce: Is Retailer Fulfillment and Delivery Performance Keeping Up with Sales Growth? ”, convenience was cited as the number one reason consumers bought online and had their goods delivered—and it is consumers’ intention to have more ecommerce purchases delivered to the home.

Cost Reduction 131

Cost Reduction Resource Reduction Supply Chain Planning Software Logistics Network Optimization Software 131

Locus

NOVEMBER 10, 2021

The typical 24-hour online sale was extended to 11 days, reporting about 200,000,000 global transactions. Trends likely to drive Singles’ Day sales. A growing number of customers want to truly make a difference and are becoming careful about their purchases. The post Do Shopping Trends Drive Singles’ Day Sales?

Optimal Sourcing 52

Optimal Sourcing Supply Chain Planning Software Supply Chain Design Software Trends 52

Logistics Business Magazine

DECEMBER 11, 2022

While it’s imperative to focus on budgets and business initiatives that will take precedence over the next year, it’s just as important to keep an eye on the big-picture trends that are shaping the industry. o9 Solutions’ supply chain experts and leaders are sharing their insights on the trends that could become prevalent in 2023 and beyond.

Supply Chain Planning Software 55

Supply Chain Planning Software Supply Chain Software Supply Chains Trends 55

Logistics Bureau

SEPTEMBER 28, 2020

According to a study by The Insight Partners , the global 4PL market was valued in terms of revenue at $56,472.1 It is predicted to reach $78,981.5 The study cautions that lockdowns and quarantines associated with the Coronavirus are expected to affect the revenues of the global 4PL market players in the short term. Agriculture.

4PL 118

4PL Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Design Software 118

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. Blue Yonder commissioned a study to examine the real-world financial benefits of advanced supply chain solutions, and the benefits are clear. The study projects a risk-adjusted $31.2

Optimal Sourcing 120

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

Talking Logistics

MARCH 9, 2017

In a study conducted by Accenture in 2015 of chemical companies, results showed that 94 percent expect to boost their investment in digital capabilities in the next three years to embrace a competitive advantage. It feeds analytics and fosters collaboration and insights for continuous improvement and high operational efficiency.

Supply Chain Software 67

Supply Chain Software Supply Chains Networks Optimal Sourcing 67

Logistics Bureau

DECEMBER 22, 2024

Now let’s get a little more granular in this study of supply chain KPIs, and look at some examples like the perfect order rate, as well as other KPIs you can use to measure supply chain performance. Unlike most of the KPIs we recommend, perfect order is a composite of several elementary metrics. What about DIFOT?

Supply Chains 75

Supply Chains Procurement Analytics Inventory Reduction Purchasing Skills 75

Logistics Viewpoints

JUNE 8, 2023

Yet many continue to use outdated technology and processes leading to increased costs, supply chain risks and poor customer delivery experiences overall, costing them market share in an online retail environment where market share is increasingly hard to come by. Cost is an important consideration as well.

Modeling Software 131

Modeling Software Optimization Software Supply Chain Design Software Logistics Network Optimization Software 131

Locus

AUGUST 2, 2022

The report listed last-mile delivery solutions under the Slope of Enlightenment curve. As a result, expectations around delivery times and the post-purchase experience have risen significantly. Studies show that almost half of consumers will switch brands if delivery times are too long or delivery experiences are poor.

Gartner 52

Gartner Supply Chain Design Software Supply Chain Planning Software Logistics Network Optimization Software 52

Locus

JUNE 16, 2023

Say you purchase your coveted gadget online, eagerly tracking its journey from warehouse to your welcoming hands. Customer satisfaction and keeping costs in check rests on optimal last-mile delivery operations. Reverse logistics costs: Returns and product replacements significantly impact operational costs.

Cost Reduction 98

Cost Reduction Expense Reduction Inventory Reduction Price Reduction 98

Logistics Bureau

SEPTEMBER 4, 2023

When costs begin to spiral out of control, the result is usually a loss of revenue in proportion to sales. Potential Factors in Declining Margins To get to the root of the problem, understanding the costs of production or purchasing will be a necessary starting point, but typically, more information will be needed.

Negotiating Skills 103

Negotiating Skills Purchasing Skills Cost Reduction Analysis 103

Locus

DECEMBER 22, 2021

Enterprises that did not adapt to new trends faced the brunt of COVID-19 pandemic. This was majorly due to their inability to understand and adapt to the changing logistics trends. Welcome to 2022: Top 10 Supply chain logistics trends to watch out for 2022. The year 2021 has proved it once again that Tom McCarthy was right.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software Optimal Sourcing 52

Ship Monk

AUGUST 30, 2023

According to an ongoing study of 3,036 Shopify stores, the average conversion rate (visits that resulted in purchases) in 2022 was 1.3%. A potential customer might visit your web store multiple times before making a purchase. But the most commonly used benchmark tracks purchases by visits. Anywhere between 0.2%

eCommerce 52

eCommerce How To Procurement Analytics Purchasing Skills 52

GlobalTranz

DECEMBER 18, 2014

All metal fabricators realize that they have to do some analyses before the company purchases equipmen t or hires new people, but now there seems to be a new intensity about the process. Use a Third Party Logistics Company : A prominent report supports the rising using of 3PLs as a way for shippers to take a competitive advantage.

Manufacturing Procurement 94

Manufacturing Procurement Tips Purchasing Skills Sourcing Strategies 94

Talking Logistics

JULY 19, 2018

Visibility Enables Faster Procure-to-Pay and Order-to-Cash processes : for example, you can leverage Electronic Proof of Delivery (ePOD) and geofencing to initiate invoicing and payment process. . In case you missed it, check out my short video interview with William and David and our write-up of the case study.

Capacity 62

Capacity Efficiency Procurement Analytics Procurement Solutions 62

Penske Move Ahead

OCTOBER 1, 2018

In an era where technology is continuing to migrate consumer spending habits online and away from brick-and-mortar stores, the newly released 2019 Third-Party Logistics Study (#3PLStudy) highlights how supply chains are also going digital and using science to keep pace. The publication, available at no cost at www.3PLStudy.com

Supply Chain Planning Software 31

Supply Chain Planning Software Logistics Network Optimization Software Study Supply Chain Software 31

GlobalTranz

JULY 14, 2015

Take a look at how the IoT supply chain is changing the landscape in terms of equipment functionality, shipping processes, invoicing and payments, and analysis of trends. Furthermore, the use of robotics in the order fulfillment, specifically the “item picking” processes , could help foster a faster purchase-to-delivery timeline.

Supply Chain Software 103

Supply Chain Software Supply Chains Manufacturing Procurement Scenario Planning 103

Penske Move Ahead

JANUARY 23, 2023

The study 2022 Telematics and Trends found that there are no true go-to service providers, with 58% of fleets using more than one acquisition channel. Whatever the reason fleets are turning to telematics, Penske’s customer success team can help them make a qualified purchasing decision by staying neutral on providers and devices. “We

Procurement Solutions 66

Procurement Solutions Purchasing Skills Procurement Analytics Data 66

Talking Logistics

APRIL 23, 2019

Crowdsourcing apps, same-day delivery, and ecommerce trends continue to impact last mile delivery expectations. With this ever-changing landscape, cost-effective management of the last mile has become a challenge that needs a broader view. The desire for faster home delivery has driven delivery networks to become more localized.

Supply Chain Design Software 86

Supply Chain Design Software Cost Reduction Logistics Network Optimization Software Supply Chain Software 86