Logistics Viewpoints

JUNE 8, 2023

Technology for All In a retail era dominated by e-commerce giants, customer expectations have shifted towards instant product delivery at no cost. Previously, only large companies such as Amazon and FedEx possessed the network and scale required for cost-effective same-day and next-day shipping.

Modeling Software 135

Modeling Software Optimization Software Supply Chain Design Software Logistics Network Optimization Software 135

Logistics Bureau

NOVEMBER 3, 2024

Again then, it’s not difficult to see how the financial health of a business depends on that of the supply chain, or how probable it is that supply chain costs feature strongly in the demise of many companies that become insolvent. Supply Chain Strategy In 2014, a survey by Tompkins Consortium delivered a shocking revelation.

Supply Chain Design Software 82

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

Logistics Viewpoints

MAY 10, 2022

with one of the highest costs of living. In fact, a study by LinkedIn found that 70% of employees would not work at a leading company if it meant they had to tolerate a bad workplace culture. This solution significantly reduced shipping costs by eliminating wasted cardboard and dunnage. These are clear cut benefits.

Vendor Strategies 120

Vendor Strategies Waste Reduction Cost Reduction Optimization Software 120

Logistics Bureau

MAY 24, 2019

If you were to tell me that your company had never looked at its supply chain costs and sought to deliver reductions, I would be mightily surprised. On the other hand, if you told me your company hasn’t been able to sustain any progress in supply chain cost reduction, I wouldn’t be surprised at all.

Cost Reduction 66

Cost Reduction Inventory Reduction Expense Reduction Price Reduction 66

GoShip Blog

FEBRUARY 7, 2023

Over the years, marketing strategies have evolved with the times, the advent of technology, and changes in consumer behavior. Why a Solid Marketing Strategy is Important A marketing strategy refers to a business’s action plan for achieving its short and long-term goals and developing a sustainable competitive advantage.

Waste Reduction 52

Waste Reduction Price Reduction Resource Reduction Expense Reduction 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. Naturally, the costs of meeting such expectations, especially on the delivery front are also increasing.

Cost Reduction 98

Cost Reduction Expense Reduction Inventory Reduction Price Reduction 98

Logistics Bureau

MAY 31, 2021

If yours is one of those businesses shifting from traditional to online retail, you’ve probably faced some of the logistical challenges arising from the need to deliver your customers’ purchases to them. Perhaps you haven’t had much opportunity, amid the turmoil, to consider the cost to serve your online customers.

Cost Reduction 117

Cost Reduction Purchasing Skills Expense Reduction Inventory Reduction 117

Logistics Viewpoints

SEPTEMBER 30, 2022

Second, the pandemic kicked online buying and home delivery into “high gear” as many consumers embraced its convenience and dramatically expanded the scope of their online purchasing. That’s exactly what the recent study “Retailers: Sustainability is Not a Challenge, It’s an Opportunity” concluded.

Eliminating Excel in Purchasing 144

Eliminating Excel in Purchasing Cost Reduction Purchasing Skills Resource Reduction 144

GoShip Blog

NOVEMBER 25, 2022

There are several shipping pricing methods for e-commerce businesses–each with its strengths and weaknesses. Flat-rate shipping is a pricing method where the shipping fee depends on the size of the box or envelope rather than the item’s dimensional weight. Pros and Cons of Flat-Rate Shipping Method. Pros of Flat-Rate Shipping.

Price Reduction 52

Price Reduction Purchasing Skills Cost Reduction Expense Reduction 52

GlobalTranz

JANUARY 19, 2015

than simple cost comparisons. Many companies are already doing it, and according to a recent BCG study, 54 percent of companies with over billion in revenues are now considering it. A reshoring project is not a simple task of comparing costs in the U.S. In this way, costs can be kept competitive with overseas factories.

Manufacturing Procurement 101

Manufacturing Procurement Purchasing Skills Buyer Training Supply Chain Planning Software 101

Logistics Bureau

JUNE 5, 2023

If your company operates a distribution fleet, you’ll know that the costs of running trucks for customer deliveries are continually increasing. In this post, we’re sharing our top tips for cost reduction in each of these three areas, so let’s get to it, beginning with truck expenditure. It’s a fair question.

Cost Reduction 74

Cost Reduction Purchasing Skills Price Reduction Waste Reduction 74

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 104

eCommerce Trends Optimization Software Supply Chain Software 104

Blue Grace Logistics

AUGUST 10, 2021

Over the last decade, ever since social media and the IoT became common-place mediums, there has been a change in marketing tools and strategies. A more streamlined communication is provided by omnichannel strategies. Omnichannels blur the line between online and in-person purchases.

Expense Reduction 62

Expense Reduction Cost Reduction Strategy Optimization Software 62

MTS Logistics

JUNE 26, 2023

Inflation can have a direct effect on export pricing dynamics. When inflation is high, production costs tend to increase, including labor, raw materials, and energy expenses. As a result, exporting firms may face challenges in maintaining price competitiveness in international markets.

Expense Reduction 84

Expense Reduction Price Reduction Purchasing Skills Material Savings 84

Logistics Viewpoints

APRIL 21, 2022

On one hand, consumers expect to increase their online purchases post-pandemic. In the study on home delivery consumer sentiment, consumers stated that, during the pandemic, the portion of all purchases made online that required home delivery went from 35% to 46%. Source: Descartes & SAPIO Research. Let me know.

Optimal Sourcing 139

Optimal Sourcing Eliminating Excel in Purchasing Purchasing Skills Sourcing Strategies 139

Logistics Bureau

NOVEMBER 16, 2020

For example, a member of the sales team could apply to become a purchasing agent, based on her experience of negotiating sales deals. One study shows that one in three companies in the United States has jobs that are taking nine to 12 months to fill. Sea Change—A Supply Chain Career is now seen as ‘Cool’.

Supply Chain Planning Software 116

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 116

Logistics Bureau

MAY 30, 2022

Our three pillars (or fundamentals) of great supply chain management excellence are strategy, service, and cost. Aligning strategy, service, and financial factors in your supply chain operation is essential to support your company’s overall business strategy , mission, and objectives. The Importance of Alignment.

Inventory Reduction 113

Inventory Reduction Cost Reduction Price Reduction Supply Chain Planning Software 113

SYSPRO Smarter ERP

MAY 30, 2022

As manufacturers strive to reduce costs while increasing speed, the process of procuring materials, making products, and moving them where they need to be is more complex than ever. Despite this, only 33% of businesses invested in procurement and sourcing technologies. Using ERP to improve purchasing transparency.

Manufacturing Procurement 105

Manufacturing Procurement Optimal Sourcing Procurement Solutions Procurement Analytics 105

Locus

MAY 15, 2023

According to a study, 55% of consumers prefer to buy directly from brands, and a further 40% of shoppers say they will purchase from a D2C brand in the next five years. However, as the data suggests, more and more customers want to buy from brands directly and want them to solve any challenges that arise post-purchase.

Cost Reduction 52

Cost Reduction Procurement Solutions Strategy Supply Chain Planning Software 52

Logistics Viewpoints

FEBRUARY 28, 2023

Omnichannel is a centralized strategy that enables businesses to coordinate, streamline, simplify and speed up fulfillment of orders that have been placed through different channels (online, retail, etc.). So, if an organization has multiple inventory sources (warehouses, stores, drop shipping, Fulfillment by Amazon (FBA), etc.)

Optimal Sourcing 131

Optimal Sourcing Inventory Reduction Sourcing Strategies Vendor Strategies 131

FreightWaves SONAR

MARCH 11, 2021

View the Full Case Study. However, added pressures on the industry led Big M Transportation’s leaders to reconsider their current pricing strategy. And that was what kick-started the purchase of SONAR, its implementation and the generation of results during the greatest peak season in history. View the Full Case Study.

Price Reduction 52

Price Reduction Purchasing Skills Case Study Transportation 52

SYSPRO Smarter ERP

MAY 30, 2022

As manufacturers strive to reduce costs while increasing speed, the process of procuring materials, making products, and moving them where they need to be is more complex than ever. Despite this, only 33% of businesses invested in procurement and sourcing technologies. Using ERP to improve purchasing transparency.

Manufacturing Procurement 98

Manufacturing Procurement Optimal Sourcing Procurement Solutions Procurement Analytics 98

Ship Monk

SEPTEMBER 18, 2023

They need to be able to find it when they’re doing research or actually thinking about buying it, and they need to be convinced that it’s worth the money (including the shipping costs, tax, import duties, etc.). Well, maybe it’s nothing more than getting your great product at a low price. Retention: driving repeat purchases.

eCommerce 62

eCommerce Tips Optimal Sourcing Price Reduction 62

Logistics Business Magazine

JUNE 25, 2024

Cost savings used to be at the top of supply chain managers’ agendas. Take Germany, for example: the “Trends in Logistics & SCM” study conducted by the German Logistics Association BVL in 2023 shows that cost pressure was the most important topic for decision-makers in 2016, but in 2023 it only ranks fourth.

Supply Chain Design Software 59

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 59

Ship Monk

JULY 19, 2022

Running an eCommerce business forces you to become an expert at a lot of things, but estimating shipping costs isn’t the best way to spend your time. Factors That Determine Shipping Costs. Optional or unexpected services as well as carrier surcharges might add to the cost. Dimensional Weight . Delivery Times.

eCommerce 52

eCommerce Purchasing Skills Cost Reduction Material Savings 52

Logistics Viewpoints

DECEMBER 1, 2022

The only bright note is that shipping costs will be a fraction of what they were over the last several years. Source: Descartes Datamyne. Theme 2: Online buying will fuel home delivery growth, challenges and new strategies. Figure 1: U.S. Container Import Volume Year-over-Year Comparison. Somewhat nailed it.

Cost Reduction 135

Cost Reduction Resource Reduction Supply Chain Planning Software Logistics Network Optimization Software 135

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. On-site delivery experience and cost.

Supply Chain Planning Software 125

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

Logistics Business Magazine

AUGUST 1, 2024

Omnichannel is a kind strategy focused on providing seamless customer experiences across multiple channels, instead of providing a fragmented experience on independent channel. – Increase Sales and Revenue: Studies show omnichannel customers spend more than single-channel customers. Without multichannel, there is no omnichannel.

Inventory Reduction 53

Inventory Reduction Optimal Sourcing Sourcing Strategies Cost Reduction 53

Locus

MAY 25, 2022

Here are seven key strategies that they have used to make it happen. Source: statista.com. But today, nothing can be more heartbreaking to a customer than a business breaking its delivery promise on their prized purchases. It gives them an experience of the product before purchasing. – Statista, U.S. 2021, Statista.

Sourcing Strategies 52

Sourcing Strategies Inventory Reduction Cost Reduction Strategy 52

Logistics Bureau

NOVEMBER 14, 2018

Too much leads to resources being monopolised on gathering tons of data and a subsequent risk of “paralysis by analysis” Cost to Serve (CTS) is an approach that helps you avoid both extremes. How Much Does It “Cost to Serve” Your Customer? It costs you a certain amount to make a product. Sales organisation costs.

Purchasing Skills 90

Purchasing Skills Cost Reduction Supply Chain Planning Software Supply Chain Design Software 90

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 171

Supply Chain Software Supply Chain Planning Software Definition Supply Chains 171

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. Skilled labour shortage forces action 2. Cyber security becomes a top priority 9.

Supply Chain Planning Software 59

Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software Optimization Software 59

Locus

MAY 2, 2023

When they first began their journey, the greatest challenge was gaining the trust of consumers, who were used to visiting their local grocery store and largely preferred to check their groceries first-hand before purchasing them. To date, it has also been able to reduce its delivery costs by 66%.

Cost Reduction 52

Cost Reduction Price Reduction Purchasing Skills Logistics Network Optimization Software 52

Logistics at MPEPS at UPV

MAY 9, 2023

Their business model is based on ‘Low cost’, for doing this, they use a series of strategies such as using only one type of aircraft, the Boeing 737, so all their pilots can fly all the aircrafts, also the maintenance is the same, therefore the costs are reduced.

Cost Reduction 52

Cost Reduction Price Reduction Supply Chain Planning Software Logistics Network Optimization Software 52

Locus

AUGUST 7, 2023

If we consider the average cost of a new car in the United States was approximately $40,000 in 2021, this increase is equivalent to almost 4 billion new cars. Whether a budding startup or a well-established enterprise, adapting to technological shifts has become non-negotiable. billion in 2021, and is expected to reach $288.87

Negotiating Skills 52

Negotiating Skills Cost Reduction Digital Expense Reduction 52

Logistics Viewpoints

AUGUST 11, 2023

Among the 50 firms studied by Revelio, the share of job postings that are based in the US climbed sharply last year after the passage of Biden’s CHIPS and Science Act to support the industry. Among its strategies, the discounter has opened more mini Ulta Beauty shops, debuted curbside returns and invested in speedier shipping.

Negotiating Skills 116

Negotiating Skills Logistics Network Optimization Software Purchasing Skills Material Savings 116

Ship Monk

AUGUST 27, 2024

Ultimately, the only data you can really trust is the data you’ve already collected from your existing customers or trusted sources. Once you accept this reality, it becomes easier to reduce your reliance on third-party cookies and lean into first- and second-party data strategies moving forward. zero-party data). zero-party data).

eCommerce 62

eCommerce Expense Reduction Cost Reduction Optimization Software 62