NGT News

JULY 24, 2019

A new survey conducted by Consumer Reports (CR) and the Union of Concerned Scientists (UCS) shows that 63% of prospective car buyers in America have some interest in electric vehicles (EVs). Breaking this down, 31% would consider one for their next purchase, 27% would consider one at some point down the road and 5% say […].

Survey 75

Survey Procurement Analytics Purchasing 75

Logistics Viewpoints

SEPTEMBER 6, 2024

These clothing companies have revolutionized how consumers purchase, wear, and dispose of their clothing. First, in the early 2000s, advancements in data analytics, RFID, and localized supply chains fueled the rise of “fast fashion.” Ulula utilizes analytics to improve the working conditions for workers across global supply chains.

Supply Chain Planning Software 162

Supply Chain Planning Software Supply Chain Software Supply Chains Logistics Network Optimization Software 162

Material Handling and Logistics

FEBRUARY 19, 2018

Our annual salary survey reveals that the typical material handling and logistics professional earns $93,697. purchasing/procurement manager with a manufacturer of building equipment with 21-25 years of experience, living in the South Atlantic region and earning $36,00. Minority Report. Show me the money.”.

Survey 118

Survey Manufacturing Procurement Materials Handling Optimal Sourcing 118

Logistics Viewpoints

FEBRUARY 7, 2024

A recent ARC survey looked at reasons to address sustainability. This survey included over 400 respondents across a number of industries. For example, most people expect free next-day delivery for online purchases as a result of Amazon Prime. And more consumers are looking at sustainability as a key motivator for purchasing.

Supply Chain Design Software 176

Supply Chain Design Software Supply Chain Software Supply Chain Design Supply Chains 176

FLS Transport

NOVEMBER 26, 2020

The hottest stories in freight can be found here, in the Weekly Freight Report: 1. The good news is, rejections typically have a natural ceiling and the analytics at Freightwaves believe we are nearing that point. A recent survey shows consumers and retailers are feeling confident about holiday fulfillment. This is up from 33.9%

Procurement Analytics 52

Procurement Analytics Freight Manufacturing Procurement Survey 52

GlobalTranz

AUGUST 4, 2015

In order to optimize manufacturing operations, or really just about anything, you need to have at your fingertips the best and most accurate manufacturing metrics around. In today's post, we share 5 Golden Manufacturing Metrics that all manufacturing companies should understand to improve plant operations quality.

Manufacturing Procurement 99

Manufacturing Procurement Procurement Analytics Optimization Software Optimization 99

Logistics Viewpoints

APRIL 14, 2022

Experts from North Carolina State University and GEP conducted a survey on supply chain, procurement and IT leaders to determine their challenges and priorities, focusing on examining gaps in the supply chain. Such a gap is problematic, as it could lead to higher costs, longer cycle times and less resilience.

Supply Chain Planning Software 141

Supply Chain Planning Software Supply Chain Software Collaboration Supply Chains 141

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

Material Handling and Logistics

SEPTEMBER 4, 2018

Manufacturing Purchasing Managers’ Index slowed to 54.7 The slowdown was expected by economists surveyed by Bloomberg. The report indicated that higher prices were linked to “new trucking regulations, higher raw material prices (in part driven by tariffs), and supply shortages (especially for electronics components).”

Manufacturing Procurement 60

Manufacturing Procurement Purchasing Skills Procurement Analytics Purchasing 60

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

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 190

Supply Chain Planning Software Supply Chains Material Savings Waste Reduction 190

Logistics Viewpoints

NOVEMBER 19, 2024

When shoppers were asked what would put them off making more ecommerce purchases in the future, 21% indicated they’d had negative delivery experiences, 20% said deliveries were not reliable, and 17% were dissatisfied with the delivery process. Similarly, maintaining a strong chain of custody (e.g.,

Cost Reduction 116

Cost Reduction Resource Reduction Price Reduction Vendor Strategies 116

Logistics Viewpoints

FEBRUARY 2, 2024

Teradyne, which reports earnings on Tuesday, warned investors in its 2022 annual report about the potential impact of the October regulations, and in October 2023 said the restrictions hit both Teradyne’s sales to certain companies in China and its manufacturing and development operations. billion worth, the survey found.

Cost Reduction 159

Cost Reduction Inventory Reduction Manufacturing Procurement Logistics Network Optimization Software 159

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

OCTOBER 18, 2023

Or have these concerns been replaced with cost-price inflation and compressed profit margins? These are questions ARC Advisory Group will seek to answer in our online survey research of supply chain executives over the next few months. The report for August (released in late September) shows negligible changes in the aggregate.

Manufacturing Procurement 178

Manufacturing Procurement Purchasing Skills GEP Price Reduction 178

Penske Move Ahead

MAY 9, 2022

In the third annual State of Sustainable Fleets Market Brief , released today and available at no cost, transportation fleets continued to report a resounding trend — their use of clean fuels and advanced vehicle technologies is rapidly progressing. is a supply chain sponsor of the report. Report authors surveyed nearly 250 U.S.-based

Procurement Analytics 60

Procurement Analytics Purchasing Skills Supply Chain Planning Software Manufacturing Procurement 60

Logistics Viewpoints

FEBRUARY 3, 2022

Companies knew this, which is why 93% of senior supply chain leaders surveyed in May 2020 by consulting firm McKinsey planned to increase inventories of key products and materials while also diversifying their supply base and localizing or regionalizing both supply and production. A change to one link (e.g. on-time delivery).

Inventory Reduction 190

Inventory Reduction Supply Chain Planning Software Supply Chain Design Software Inventory 190

Logistics Viewpoints

AUGUST 4, 2021

Just last month I noted that warehouse labor productivity was hindered extensively by COVID-19 and that 80 percent of ARC’s warehouse survey respondents anticipate an increase of order throughput volumes in 2021. The Conference Board published a report in May titled “ Labor Shortages are Making a Comeback ”.

Supply Chain Software 152

Supply Chain Software Supply Chains Procurement Analytics Warehousing 152

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. Sourcing and supply chains working in a siloed manner can cause significant delays, resulting in lost revenue upside while escalating costs.

Manufacturing Procurement 145

Manufacturing Procurement Supply Chain Planning Software Sourcing Strategies Procurement Solutions 145

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%. You can also track conversion rates for other actions you want customers to take, such as email signups or social followers, but an ecommerce conversion rate commonly tracks those that result in a purchase.)

eCommerce 52

eCommerce How To Procurement Analytics Purchasing Skills 52

GlobalTranz

MAY 15, 2015

The results have been tabulated for the 68th annual Survey of Distribution Operations. This report is crucial in determining the direction in which the distribution business is headed. This year the trend continues, as 83% of the surveyed group reports as MRO (maintenance, repair, and operations) carriers.

Survey 96

Survey Distribution Operations Price Reduction 96

Bringg

SEPTEMBER 20, 2018

They surveyed over 1,400 online shoppers to analyze their habits, preferences and expectations. 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. Omnichannel is Omnipresent. Clothing, Tech and Beauty.

eCommerce 101

eCommerce Procurement Analytics Survey Purchasing 101

Logistics Viewpoints

JUNE 28, 2024

The company said that it used 85,916 metric tons of single-use plastic that year, an 11.6 The company is selling Coyote for $775 million less than the purchase price. Of the 12 daily problems drivers – both men and woman — highlighted in the ATRI’s survey, women dealt with 11 of them more frequently than men.

Purchasing Skills 129

Purchasing Skills Logistics Network Optimization Software Waste Reduction Price Reduction 129

Kuebix

SEPTEMBER 20, 2019

E-commerce platform Yotpo reported that 88% of fashion shoppers surveyed have returned fashion items purchased online in the […]. While they have always been an integral part of shopping, online orders are significantly increasing their presence in the retail and e-commerce industries.

Procurement Analytics 108

Procurement Analytics Survey Purchasing Logistics Network Optimization Software 108

Logistics Bureau

NOVEMBER 3, 2024

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. The Top 7 Supply Chain Points to Address for Business Success 1.

Supply Chain Design Software 82

Supply Chain Design Software Supply Chain Design Inventory Reduction Cost Reduction 82

Logistics Viewpoints

OCTOBER 19, 2023

Even if this retailer had used AI to forecast my purchase, AI that creates a perfect plan but fails to execute it only results in a highly-efficient silo, as Northeastern University professor Nada Sanders says. As supply chains have grown in complexity and length, siloed thinking and processes are no longer able to meet this objective.

Supply Chain Planning Software 154

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 154

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. Read Also: FMCG Sales Beat – Insight Report 23.

Inventory Reduction 98

Inventory Reduction Logistics Network Optimization Software Cost Reduction Optimization Software 98

FreightWaves SONAR

FEBRUARY 11, 2021

As reported by DC Velocity , “the 2020 Fleet Advantage Industry Benchmark Survey noted, “11% of transportation fleets estimate they have saved more than $1 million in crash avoidance by upgrading to newer trucks with advanced safety features.” Financial insight feeds into equipment purchasing decisions. Request a SONAR Demo.

Procurement Analytics 98

Procurement Analytics Trucking Optimization Software Operations 98

Blue Grace Logistics

DECEMBER 15, 2022

Rising online purchases over the past few years have increased the need for LTL. So, to learn more about these challenges and how companies are addressing rate increases, capacity restraints, and other issues, we sponsored a survey. More than 67% of those surveyed experienced LTL cost increases of 5-14%. Whitepaper.

Optimal Sourcing 62

Optimal Sourcing Supply Chain Planning Software Purchasing Skills Survey 62

Logistics Viewpoints

JUNE 23, 2021

An understanding of these dynamics was the goal of ARC’s survey-based research conducted with DC Velocity earlier this year (see DC Velocity Infographic in June 2021 issue). Our survey was conducted with respondents across manufacturing, wholesale, retail, and logistics service provider (3PL) sectors.

Ordering 130

Ordering Manufacturing Procurement Survey Picking 130

20Cube Logistics

SEPTEMBER 17, 2021

A recent survey revealed that about 92% of freight forwarders are partnering themselves with technology to optimise their processes and to add value to customers. This saves you valuable time and gives you detailed analytics to help reduce costs too. Why Digital Freight Forwarding Increases Supply Chain Efficiency.

Vendor Strategies 52

Vendor Strategies Supply Chain Design Software Inventory Reduction Expense Reduction 52

Logistics Viewpoints

JANUARY 27, 2021

The return rate on e-commerce purchases is typically at least double that of in-store purchases. In my latest omni-channel fulfillment survey, respondents were asked about how they handle returns, from a process standpoint as well as from a cost recovery standpoint. The same is somewhat true for returns.

Purchasing Skills 155

Purchasing Skills Expense Reduction Cost Reduction Procurement Analytics 155

Material Handling and Logistics

DECEMBER 19, 2018

A National Retail Federation report found that 92% of companies surveyed had been a victim of organized retail crime in the past year. The report found that 92% of companies surveyed had been a victim of ORC in the past year and that 71% said ORC incidents were increasing.

Survey 127

Survey Supply Chain Design Software Procurement Analytics Supply Chain Design 127

Logistics Business Magazine

AUGUST 2, 2023

(NYSE: IOT), a pioneer of the Connected Operations Cloud, today announced new research, revealing that over half (55%) of physical operations leaders surveyed in the UK and Ireland could have a hybrid or electric fleet by 2025, rising from 42% currently.

Survey 56

Survey Procurement Analytics Cost Reduction Purchasing Skills 56

Logistics Viewpoints

AUGUST 23, 2021

In one McKinsey survey of more than 100 large organizations in multiple sectors, companies that regularly collaborated with suppliers demonstrated higher growth, lower operating costs, and greater profitability than their industry peers. SCCN solutions provide supply chain visibility and analytics across an extended supply chain.

Collaboration 172

Collaboration Supply Chain Planning Software Optimal Sourcing Modeling Software 172

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. The results of the research are a good news, bad news story.

Optimal Sourcing 140

Optimal Sourcing Eliminating Excel in Purchasing Purchasing Skills Sourcing Strategies 140

Logistics Viewpoints

APRIL 7, 2023

According to the annual survey released by the National Retail Federation’s (NRF) and Prosper Insights & Analytics, consumers plan to spend a collective $24 billion on Easter this year, up from $20.8 It’s also taking action against those caught selling them, according to the report. billion in 2020. billion), gifts ($3.8

Logistics Network Optimization Software 125

Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 125