Ship Monk

JANUARY 9, 2024

We can’t predict when joggers will go out of style (never, we hope) but we are pretty good at predicting ecommerce trends. Here are a few of the trends we think are going to be big in 2024. 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

Logistics Viewpoints

JUNE 1, 2023

That’s why staying on top of the latest supply chain planning trends is so important – they can make all the difference when it comes to staying competitive, reducing costs, and meeting your customers’ needs. Here are some highlights from these trends in 2023 and implications on supply chain planning.

Supply Chain Planning Software 129

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Scenario Planning 129

Logistics Business Magazine

OCTOBER 23, 2024

Fast and free shipping has become a cornerstone of success in e-commerce with 75% of consumers prioritizing it when making purchasing decisions. Offering this service presents significant challenges, however, from rising operational costs to balancing customer expectations with profitability.

Cost Reduction 58

Cost Reduction Price Reduction Expense Reduction Resource Reduction 58

Logistics Business Magazine

AUGUST 23, 2024

Global logistics company DSV has signed an agreement with Volvo Trucks to purchase 300 electric trucks, marking one of Volvo’s largest electric vehicle orders. This move is a significant step in DSV’s strategy to reduce emissions and align with industry trends toward greener transport solutions.

Procurement Solutions 49

Procurement Solutions Purchasing Skills Purchasing Expense Reduction 49

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? million skilled workers by 2030. million skilled workers by 2030.

Manufacturing Procurement 88

Manufacturing Procurement Supply Chain Software Trends Supply Chain Planning Software 88

Logistics Viewpoints

JUNE 29, 2023

It is crucial for organizations to understand the importance of Purchase Order collaboration to effectively manage their direct spend, optimize operations, and mitigate risks. Direct spend can be a significant part of the Cost of Goods Sold for an organization.

Manufacturing Procurement 124

Manufacturing Procurement Procurement Analytics Inventory Reduction Material Savings 124

The Logistics of Logistics

APRIL 10, 2021

5 Trends Shaping Logistics with Ben Gordon. Ben Gordon and Joe Lynch discuss 5 trends shaping logistics and supply chain. In the interview, Ben reviews and discussed trends and interesting companies in ecommerce, final mile, cold chain, reverse logistics, and fulfillment. 3PLex was then purchased by Maersk. Ben Gordon.

Trends 221

Trends Logistics Network Optimization Software Supply Chain Software Reverse logistics 221

SYSPRO Smarter ERP

MAY 2, 2024

ERP trends 2024 – achieving business success through the use of innovative technologies Now that Artificial Intelligence and Machine Learning are firmly established, we expect to see a massive take-up of these technologies by manufacturers in 2024. The other emerging area around AI in ERP focuses on trend analysis and forecasting.

ERP 59

ERP Supply Chain Planning Software Modeling Software Optimization Software 59

Ship Monk

SEPTEMBER 13, 2024

As a third-party logistics (3PL) and fulfillment provider, we talk a lot about shipping discounts and cost savings for ecommerce businesses, but are these claims true? When you outsource to a 3PL, they build and maintain the infrastructure, and the costs are spread across hundreds or thousands of other ecommerce businesses just like yours.

Cost Reduction 58

Cost Reduction Inventory Reduction Expense Reduction Price Reduction 58

Now, That's Logistics

MARCH 23, 2022

It also doesn’t help that ocean shipping freight costs are up to eight times their pre-pandemic levels —and even higher for some routes. The escalated cost has changed the way shippers shop around for freight capacity. That’s pretty crazy,” Tsang said. What Shippers Want and Need.

Negotiating Skills 148

Negotiating Skills Purchasing Skills Trends How To 148

3PL Links

MAY 3, 2023

Improving Supply Chain Visibility: The Impact of Data Strategy | Image source: Pixabay A business-contextualized data approach is crucial for boosting supply chain visibility, especially during downturns. Read also: Revolutionizing the Industry: Discover the Top 3 Logistics Trends for 2023! What are the company’s goals?

Sourcing Strategies 62

Sourcing Strategies Inventory Reduction Material Savings Cost Reduction 62

Logistics Business Magazine

DECEMBER 8, 2022

Additionally, the always present issues of shortage of skilled labour, supply chain disruptions and cost pressure also prove difficult. Ralf Duester, member of the board of the SCM software specialist Setlog, shows which trends will shape the year 2023. Recruiting strategies change. Cost awareness increases.

Supply Chain Planning Software 64

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Purchasing Skills 64

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.

Supply Chain Planning Software 59

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

Blue Grace Logistics

NOVEMBER 1, 2024

As more consumers and businesses move to online platforms for purchases, the shipping industry must adapt to new demands. LTL carriers handle multiple shipments from various vendors on a single route, helping save time and reduce costs by maximizing truck space.

Price Reduction 104

Price Reduction Vendor Strategies Supply Chain Planning Software Cost Reduction 104

TransAudit

DECEMBER 14, 2022

Fuel for all sorts of vessels has jumped in price over the last year or two. When fuel prices rise, so do shipping prices. Learning more about fuel costs and shipping will give you a better understanding of what’s going on and equip you with some strategies to help. How Fuel Costs Raise Shipping Prices.

Cost Reduction 72

Cost Reduction Purchasing Skills Price Reduction Expense Reduction 72

EazyStock

AUGUST 21, 2020

However, holding too much can have a number of negative implications, such as high carrying costs , over-investment in stock and poor cash flow. What are the potential cost savings from inventory reduction? Instead, here are five strategic inventory reduction methods that are certain to drive cost savings.

Inventory Reduction 52

Inventory Reduction Cost Reduction Price Reduction Resource Reduction 52

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

3PL Links

OCTOBER 15, 2024

Image source: Pexels | Logistics Challenges and How to Overcome Them Let’s break down the most common logistics problems and how you can resolve them to improve your operations. From delays to cost increases, logistics teams encounter a range of obstacles that can hinder efficiency and affect the entire supply chain.

Inventory Reduction 62

Inventory Reduction Logistics Network Optimization Software Supply Chain Software Expense Reduction 62

MTS Logistics

DECEMBER 12, 2022

Increases in fuel, disruptions in supply chain and rising labor costs have severely impacted business’ margins. Various factors will continue to influence Supply Chain Management trends in 2023 and beyond. Increasing Supply Chain and Delivery Costs. Today, less demand for truck capacity results in lower trucking rates.

Supply Chain Software 90

Supply Chain Software Supply Chains Trends Cost Reduction 90

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

3PL Links

MAY 23, 2024

Image source: Public Domain Pictures | The Growth of Cross-Border E-Commerce: Trends and Predictions Over the past few decades, cross-border e-commerce has grown tremendously. This kind of product has gained enormous popularity abroad, and its success serves as an example of industry trends worldwide.

Trends 48

Trends Inventory Reduction Sourcing Strategies Expense Reduction 48

Logistics Viewpoints

JUNE 4, 2024

However, the juice for my newfound nightly routine soon became difficult to find, perpetually out of stock each time I tried to purchase it at the grocery store. Recent statistics have revealed a surge in sales across the United States , indicating a growing trend that has caught the attention of both consumers and retailers alike.

Inventory Reduction 141

Inventory Reduction Supply Chain Planning Software Inventory Waste Reduction 141

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 Viewpoints

AUGUST 1, 2024

According to Bloomberg , the coffee supply chain is struggling with constrained supply and increase in prices is inevitable. They design their supply chain on a continuous basis and focus on ecommerce retailing strategies that segment their customer base according to buying behavior.

Supply Chain Design Software 165

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Scenario Planning 165

Stord

NOVEMBER 13, 2024

In addition to the surge of demand during this tight holiday window, brands have offered earlier offerings and expanded the sales period to encourage a longer shopping period enabling end consumers to allocate more towards holiday purchases. This trend was compounded further in recent years. Billion globally in 2024.

Inventory Reduction 148

Inventory Reduction How To Cost Reduction Procurement Solutions 148

EazyStock

APRIL 13, 2022

What is a supply chain strategy? A supply chain strategy explains how a company will bring goods into the business and get them out to customers as effectively as possible. Considering every phase in the supply chain, such as sourcing goods, logistics and delivery, the strategy optimizes operations to reduce costs and maximize profits.

Inventory Reduction 52

Inventory Reduction Sourcing Strategies Cost Reduction Supply Chain Planning Software 52

Stord

JUNE 19, 2024

Top Trends Capacity is Plentiful Covering freight is not difficult and negotiating power is still in the hands of the Shipper. As more trucks exit the market, the more sensitive to rate disruption the market becomes, the more expensive the pricing environment becomes.

Negotiating Skills 68

Negotiating Skills Purchasing Skills Freight Price Reduction 68

Bringg

AUGUST 5, 2020

Customers save on the cost of delivery, and enjoy the speed and convenience of picking up their order from a nearby location when it suits them. This post looks at how click & collect works, why demand for it is trending now, and what retailers can do to ensure click & collect experiences that are also good for their business.

Trends 118

Trends Modeling Software Optimization Software Optimization Modeling 118

Talking Logistics

MARCH 21, 2019

According to Nasdaq, by 2040, 95% of purchases will be facilitated through e-commerce. Top trends shaping e-commerce in 2019: Improved shopping experience on mobile devices. Social media is one of the main strategies driving e-commerce. Customers continue to adopt a “get it now” mindset which must be embraced by retailers.

Trends 136

Trends Optimization Software Logistics Network Optimization Software Procurement Solutions 136

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

GoShip Blog

JULY 1, 2021

By helping potential customers find, review, and purchase the right product with marketing strategies, dropshippers will mark up the price of products offered by third-party suppliers. Start honing your marketing skills, and you’ll start raking in customers. . Low overhead costs. Pros and Cons of Dropshipping.

Purchasing Skills 98

Purchasing Skills Inventory Reduction Price Reduction Sourcing Strategies 98

GlobalTranz

APRIL 6, 2015

As a transportation management third party logistics company, we know at Cerasis that transportation makes up a large portion of the costs and efficiencies of any supply chain. Look at these 7 supply chain trends as a guide to better your supply chain today. INFOGRAPHIC] 7 Supply Chain Trends as Laid out by Supply Chain Expert.

Optimal Sourcing 118

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Manufacturing Procurement 118

Transporeon

FEBRUARY 12, 2019

And just in time: We’ve seen some interesting bidding trends over the last year or so, especially in the domestic trucking industry, where: 2017-2018’s lack of trucking capacity—a large part of shippers’ bidding activity—meant shippers went to bid not only earlier, but in much greater volume than previous years (a 15% YOY increase in 2018).

Optimization Software 48

Optimization Software Modeling Software Logistics Network Optimization Software Optimal Sourcing 48

Transporeon

FEBRUARY 12, 2019

And just in time: We’ve seen some interesting bidding trends over the last year or so, especially in the domestic trucking industry, where: 2017-2018’s lack of trucking capacity—a large part of shippers’ bidding activity—meant shippers went to bid not only earlier, but in much greater volume than previous years (a 15% YOY increase in 2018).

Optimization Software 48

Optimization Software Modeling Software Logistics Network Optimization Software Optimal Sourcing 48

WorkWave

NOVEMBER 6, 2023

In this blog post, we will delve into the intricacies of order management, the role of an Order Management System (OMS), what happens after checkout and how to master your order management strategy with the help of cutting-edge order management systems and order management software. What Is Order Management? What Happens After Checkout?

Inventory Reduction 52

Inventory Reduction Price Reduction Cost Reduction Ordering 52

SYSPRO Smarter ERP

FEBRUARY 15, 2023

This can occur both upstream and downstream, moving downstream, typically include raw materials suppliers, the intermediate manufacturers who turn raw materials into usable components, the assembly phase of manufacturing , distribution networks to store and move products, and end customers who purchase and use manufactured goods.

Manufacturing Procurement 105

Manufacturing Procurement Supply Chain Planning Software Material Savings Resource Reduction 105

GlobalTranz

OCTOBER 11, 2018

The importance of an omnichannel supply chain strategy cannot be overstated. 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. What’s Wrong With Omnichannel Supply Chain Strategy and Customer Service?

Inventory Reduction 74

Inventory Reduction Price Reduction Cost Reduction Supply Chains 74