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WhitePaper: Hidden Risks and Costs in an Offshore Supply Chain. In fact, our friends over at the Rodon Group, with whom we’ve started an ongoing blog collaboration, starting with this post and more to come, have written a WhitePaper entitled, “ Hidden Risks and Costs in an Offshore Supply Chain.”
In addition, e-commerce’s already strong secular trend accelerated through the period as the nation stayed home while still purchasing goods for delivery, enhancing the outlook for final-mile delivery. The insights generated are the product of a deep bench of domain experts backed by the proprietary data and analytics housed in SONAR. .
In the first post our long tme guest blogger, Chuck Intrieri of The Lean Supply Chai n, gave us 5 core metrics to evaluate supplier performance using supplier quality management and a 4 step process to execute. Review of SQM Metrics and Issues Across 5 Core Industries. #1: Trend Metrics Collected per Site. Medical Devices.
While that may be too soon to call, it’s clear that these are trying times for shippers and brokers that purchase ocean capacity. FILL OUT THE FORM BELOW TO DOWNLOAD THE FREE WHITEPAPER. The post [WHITEPAPER] Ocean shippers trapped in house of pain appeared first on SONAR. Request a SONAR Demo.
Download the WhitePaper: Over the Road Freight Management Trends. A Possible Stimulus on the Horizon May Increase the Challenge of Procurement Through Peak Season. A stimulus on the horizon further increases the risks of a higher trend in consumer purchasing. transportation metrics ?that Focusing on the?
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.” Download the WhitePaper. Greater financial insight is an invaluable tool.
As reported by Brian Barry of Multichannel Merchant , it is simple: “Don’t try to write and enforce the ideal policy in one step. Download the WhitePaper. An advanced, data-driven, and near-real-time analytics engine like FreightWaves SONAR makes that possible. On-time deliveries. Compliance with routing guides.
Data analytics can be applied to virtually any supply chain process, and analytics hold great value in managing retail supply chains. Defining retail needs is not an easy process, but data is king and can help companies sift through the needs and wants of customers, reports Arthur Zaczkiewicz of WWD. GET YOUR FREE WHITEPAPER.
Given that our proprietary TMS, the Cerasis Rater , provides multiple reports, giving our shippers’ many insights, this post is quite appropriate, just like getting the data that is meaningful , in order to make the best decisions for your business possible. . Driver wages represent 26% of costs. On-time pickups.
Last-mile shipping will change as people expect goods to be delivered to people, likely based on live location reporting from their cellphone. Your Cellphone : We mentioned mobile consumer purchasing habits above…but B2B transactions are increasingly being conducted over the phone too. Download the whitepaper!
Start where it all begins – procurement. Procurement remains an oft-overlooked side of a freight spend analysis. All forward and reverse costs should be considered within a comprehensive spend analysis. That’s the only way to understand the real costs of transportation in your enterprise. . Download the WhitePaper.
Up to 62 percent want to purchase online and have the option of returning it in-store, and 47 percent want promotions and coupons available through their smartphone. Poor performance of new offerings leads to reduced profitability, reports McKinsey & Company. Download WhitePaper. GET YOUR COPY HERE.
The days of managing channels on an individual basis are over, and consumers are using multiple devices and e-commerce platforms for nearly all purchases. individuals over the age of 15 at some point use e-commerce platforms to make purchases, asserts Business Insider. Download WhitePaper. In fact, 78% of U.S.
Streamlining returns is an integral part of developing an omnichannel warehouse, and, with up to 30% of all e-commerce purchases returned, reports Business2Community , warehouse managers must include returns capabilities in existing warehouses. WHITEPAPER] The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018.
Meanwhile, more companies are turning to entities outside of the company, like third-party logistics or integrators (3PLs and 3PIs) to manage omnichannel supply chains , reports Maarten Baltussen of Supply Chain Digital. WHITEPAPER] The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018.
Artificial intelligence (AI) is becoming more mainstream, and machine-aided purchases, such as voice ordering thru voice assistants like Amazon’s Alexa, are beginning to permeate everyday households. Supply chain executives express concerns over costs, disruptions to productivity, time delays, and impact on data. Download whitepaper.
Technology allows shippers to work smarter, faster and with fewer human resources, and new technologies, such as drones and augmented reality, are continuing the process, reports Victoria Kickham of Logistics Brief. Dropshipping refers to manufacturers sending products directly, but products are purchased through a third-party.
Yes, the need for shipping demand analytics is not new and was echoed in 2013 by Industry Week , “Relying on traditional supply chain execution systems is becoming increasingly more difficult, with a mix of global operating systems, pricing pressures and ever-increasing customer expectations. That’s where data analytics comes in.”
Primary Challenges in an E-Commerce Shipping Strategy Developing an e-commerce shipping strategy is about more than just considering e-commerce; e-commerce may include the omnichannel purchases in which customers use a variety of online and in-store devices and experiences to make a final decision and complete a purchase.
More goods being purchased lead to more shipments to fill the orders which increase overall tonnage. The index is updated every month but experiences a one-month lag between data compilation and reporting. The most recent report in July 2021, shows a slight decrease in tonnage of 1.2% The ATA states that 72.5%
Although not subject to the risk of cybersecurity, the costs of manual processes and systems management can be up to 31-times greater than those of digital systems, reports informIT. WHITEPAPER] The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018. Download whitepaper.
Supply Chain Executives May Not Understand Blockchain Technology Although blockchain technology has been a major talking point in the supply chain, 2018 is the year in which blockchain testing programs will become real-world platforms, reports ComputerWorld.com. Download WhitePaper. GET YOUR COPY HERE.
Since only 11 Incoterms exist in the Incoterms 2010 ruleset, some companies, as well as purchasers and consumers, may need to know additional information about a product. GET YOUR FREE WHITEPAPER. DOWNLOAD WHITEPAPER. Such information may be defined within individual SLAs.
With most conferences going virtual in 2020, there is also the opportunity to attend most conferences virtually at low to no cost. . Download the WhitePaper. #4: For sheer volume, purchasing third-party leads are useful for most freight brokerages. Skimming through the speakers and exhibitors is a useful starting point.
Transportation Metrics That Matter Most to Track and Improve Performance : How do you measure logistics efficiency and transportation metrics performance indicators when you are already doing the best job possible? To add insult to injury, they also rarely have reporting mechanisms to properly monitor those expenses.
WHITEPAPER] The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018. Download whitepaper. If a consumer wants to view a product on a smart device while in-store, they are 20-percent more likely to complete the purchase. So, Omnichannel Is Not Dead? Not exactly. It is just shopping.
WHITEPAPER] The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018. Download whitepaper. Walmart projects a 40-percent growth in online sales throughout 2018, paired with a 3-percent net growth, as to the left, reports Daniel Keyes via Business Insider.
While it may be premature to say Christmas is canceled, any company having to purchase capacity on the ocean is facing unprecedented pressure. The free whitepaper, Ocean shippers trapped in house of pain , highlights data impacting the maritime market, from the FreightWaves’ SONAR platform, as well as information from many other sources.
WHITEPAPER] The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018. Download whitepaper. Due to this focus on the customer, consumers will reward those who have taken the leap into supply chain technology implementation by making more purchases, thus increasing revenues.
Brick-and-Mortar Retail Is Often Left Behind in the Digital Inventory Management Conversation As explained by William Terdoslavich of DMN News , customers expect instant gratification when purchasing products in-store, and the same feeling exists when making an online purchase. Download WhitePaper. GET YOUR COPY HERE.
You can purchase a ring light for as little as $30. Download the WhitePaper. The SONAR platform is the only freight forecasting and analytics platform that offers real-time freight market intelligence driven off actual freight contract tenders. . Investing in a good microphone becomes important.
Distribution center robots are a force in the Amazon powerhouse, reports the Association for Advancing Automation. When Amazon purchased Kiva robots, distribution center robots became the new “shiny object turned real-world effective object” of e-commerce fulfillment. Download whitepaper.
WHITEPAPER] The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018. Download WhitePaper. The idea is to use third-party resources with white-label branding, allowing for a seamless experience for customers. Ship next-business-day as standard shipping for e-commerce purchases.
Using a combined blockchain and reverse logistics strategy can help alleviate these costs, and supply chain executives need to understand a few things about it Reverse Logistics Carry High Risk in Supply Chain Management Risk within reverse logistics is higher than that and forward logistics. GET YOUR FREE WHITEPAPER.
Customer activity has increased, and some employees are actually sending their personal purchases to work address. Growth of e-commerce is expected to result in a 20-percent increase in parcel shipping in 2018, reports Tom Hazel of Parcel MEDIA. Download whitepaper.
WHITEPAPER] The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018. Download whitepaper. In addition, they also write business reports and proposals. In this article, he writes about the characteristics of an effective supply chain manager. .
Even in blockchain, errors in data entry will result in continuous compounding negative effects and incorrect supply chain analytics insight. GET YOUR FREE WHITEPAPER. DOWNLOAD WHITEPAPER. An Introduction to Blockchain and Its Potential Benefits and Drawbacks in Supply Chain Management.
E-commerce is growing faster than ever, and more consumers are leveraging online platforms in making purchasing decisions. In fact, two-thirds of consumer shopping journeys include internet research, reports McKinsey & Company , as well as word-of-mouth recommendations and past experiences. Get Your Free WhitePaper.
Customer service is more important than ever, and customers expect purchases to arrive at record speeds with free or low-cost shipping, says GlobeCon Freight Systems. WHITEPAPER] The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018. Download whitepaper.
Business-to-business (B2B) purchasers have a stake in ensuring B2B suppliers, partners, and distributors can fulfill orders and provide enough information about such transactions to meet end-user demands. In other words, the same demands of consumers exist in B2B purchasers. GET YOUR FREE WHITEPAPER.
billion with FedEx’s purchase of GENCO Distribution System Inc., reports the United States Postal Service Office of Inspector General. In conjunction with greater customer demands for low-cost, easy returns, shippers must understand the role of parcel in reverse logistics with greater resolve. Download Here.
In addition, retailers around the globe struggle to stay competitive with the e-commerce behemoth, Amazon, reports Huemor. Get your free whitepaper. Digitization and automation within the supply chain will become major trends in e-commerce logistics, and power shippers to move more product, and at lower costs.
In the European Union (EU), customers can now send feedback regarding service up to three months after a product arrives among ocean liner companies, reports Tomas Kristiansen of Shipping Watch.com. Additional ways shippers can ensure the right customer experience, reports UniShippers.com , include: Make shipping seamless. Be present.
Full Truckload WhitePaper Series. Access our complete Full Truckload Shipping WhitePaper Series. Consumers will shop elsewhere, explains Stacey Rudolph of Business2Community , and the same fact holds true for consumers presented with unexpected shipping costs. Download Here. New Series.
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