Survey: Brands Balancing Cost of Fast Delivery With High Demand
Supply Chain Brain
MAY 6, 2024
Nearly half of consumers surveyed said that they would be unlikely to purchase an item if the delivery time was too slow.
Show Me the Money: MH&L’s 2018 Salary Survey
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. Show me the money.”. Minority Report. The Nature of the Job.
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The 2nd Generation of Innovation Management: A Survival Guide
The Evolving Retailers Fulfillment Strategy: Meeting Demands with Agility
Trending Sources
“Transitory” Inflation and Supply Chain Disruption
Logistics Viewpoints
AUGUST 18, 2021
Furthermore, there is much discussion about the word “transitory,” as used by Federal Reserve Chairman Jerome Powell to describe what he believes is like a short-term phase of price increases. With that said, let’s take a look at some recent and more granular data on sales, prices, and supply chain performance. Yesterday, the U.S.
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What is a Shipping Cost Calculator?
GoShip Blog
JUNE 1, 2021
According to a survey, 64.3% of online shoppers expect cost-effective or free and fast delivery of goods. When it comes to shipping freight, business owners need to know their margins when estimating and analyzing shipping prices. What is a shipping cost calculator? What factors are used by a shipping cost calculator?
The Power of Purchase Order Collaboration: A Game-Changer in Managing Direct Spend
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.
How is the Logistics Economy Holding Up?
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. Source: J.P. Manufacturing Purchasing Managers Indexes The J.P.
Energy Transition in Supply Chain
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.
BigCommerce survey reveals what e-commerce shoppers want
Supply Chain and Logistics
SEPTEMBER 26, 2022
That’s the biggest motivator – like good logistics pros they are looking at total landed cost. Apparently, the most-purchased e-commerce items are fashion products. People want free shipping. It’s more important than discounts. Knowing what consumers seem to want should … Continue reading →
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The Changing Nature of Returns Management
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.
The Power of the Network: ERP vs. Spend Management
Logistics Viewpoints
AUGUST 15, 2022
GEP and the North Carolina State University (NCSU) Supply Chain Resource Cooperative surveyed supply chain, procurement and IT professionals across a range of industries to gain insight into their priorities and strategies regarding supply chain resilience and optimization. Procurement solutions are often updated with purchased information.
Purchasing Index Shows Manufacturing Slows to a Nine-Month Low
Material Handling and Logistics
SEPTEMBER 4, 2018
Manufacturing Purchasing Managers’ Index slowed to 54.7 The slowdown was expected by economists surveyed by Bloomberg. Exports remain the key source of weakness for producers, with foreign orders barely rising in August after two months of modest declines," said Chris Williamson, economist at IHS Markit. manufacturing sector.
7 Distribution Operations Issues Highlighted in Industrial Distribution’s 68th Annual Survey
GlobalTranz
MAY 15, 2015
The results have been tabulated for the 68th annual Survey of Distribution Operations. By identifying the most pressing concerns in the industry, the survey provides statistics and conclusions which the distributors can use to help maintain their business evolution in our technology based world. Demographics.
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Why the CPO and CSCO are Smarter Together!
Logistics Viewpoints
FEBRUARY 11, 2021
Over the years, cost and efficiency ruled the supply chain agenda. 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.
Launching the Freightos Baltic Index (FBX) for Daily Rates
Freightos
FEBRUARY 4, 2020
The concept of an index, reporting the market price for a specific good, was developed precisely for this reason. Its value explains the existence of the S&P 500 for nearly 95 years, the power of the Baltic Dry Index for determining bulk shipment prices, and even poultry indices. Sources: FBX and SGX.
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The State of Home Delivery: Plenty of Room for Improvement
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. Source: Descartes & SAPIO Research. Let me know.
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Alleviating the Uncertainty of Peak Season: The Role of Home Delivery in 2024
Logistics Viewpoints
NOVEMBER 19, 2024
Given the many aspects of retail operations outside a business’ control—from supply chain disruptions and labor shortages to inflation and interest rates impacting both operational costs and customer behavior—the fulfillment challenge this peak holiday season is acute.
The New Definition of Supply Chain Agility and Resilience in an Unpredictable World
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 2018 survey by GEODIS, only 6% of supply chain professionals worldwide believed their companies had achieved supply chain visibility ?
7 Tips: A Guide to Mastering Procurement
Material Handling and Logistics
OCTOBER 30, 2018
With the digitization of the source-to-pay process being a key initiative for many chief procurement officers, to the inherent automation which promises to accelerate innovations such as artificial intelligence (AI), digitization is growing. Start by making the purchasing experience a pleasure rather than a hassle. How do you do that?
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What Matters Most When Choosing A 3PL: Cost Or Customer Service?
Blue Grace Logistics
FEBRUARY 25, 2020
While there are many factors to consider when choosing a 3PL service provider, cost and customer service are two of the most critical factors. They should also ask the following questions: Can the organization accommodate an increase in logistics cost? Is there a scope to increase the product price? Why Is Cost Important?
Survey Results: AGVs & AMRs – Read Now
Logistics Business Magazine
OCTOBER 11, 2023
Logistics Business conducted a reader survey with BlueBotics on the usage of automated vehicles in the warehouse. The survey results have now been published and are available to read or download here. We hope you find it useful and will be bringing you further surveys in future. And, what might happen next?
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Warehouse Performance Objectives Continue to Evolve
Logistics Viewpoints
MAY 17, 2023
Performance today embodies not only the traditional measures of accuracy and cost-efficiency, but also responsiveness and agility. Warehouse operations historically strived to deliver the perfect order – the right product, at the right price, at the right time. But the results of the survey do identify some trends.
Effective Supplier Collaboration Is Critical
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. The LevaData solution, for example, speeds up sourcing significantly.
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The Greenest Mile: Planning’s Role in Supply Chain Sustainability
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. It was a rude surprise when I learned it would cost $100 to fill the tank. We must plan, source, make, and deliver differently for supply chain sustainability.
This Week in Logistics News (June 22 – 28)
Logistics Viewpoints
JUNE 28, 2024
Walmart announced that it will pilot agriculture technology with crop supply intelligence company Agritaskto get real-time information on crops and improve sourcing decisions around produce. The company is selling Coyote for $775 million less than the purchase price. And now on to this week’s logistics news. billion in 2015.
Why Sustainable Home Delivery Results in Greater Sales and Profitability
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. Consumers are making purchasing decisions based upon environmental impact. Sustainable home delivery options result in lower costs to the retailer.
Jobs and Career Paths in Supply Chain and Logistics
Logistics Bureau
APRIL 18, 2019
Source: Council of Supply Chain Management Professionals 2017 Survey. Let’s look at them from the perspective of the supply-chain Plan, Make, Source, and Deliver model. It could even be that you already work in manufacturing or production but have plans for a lateral move into sourcing or logistics. Purchasing Manager.
The Evolution of Retail and Customer Expectations
Talking Logistics
MARCH 26, 2019
As the evolution of retail and the way consumers purchase goods continues to change, meeting the challenge to effectively serve both consumers and retailers is a strategic challenge for both shippers and carriers. Ninety-six percent of Americans have made at least one online purchase and 51% of those surveyed say they prefer to shop online.
The U.S. Supply Chain Needs You!
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. Put differently, wage inflation beyond general inflation is a purchasing power gain to the worker. percent.
Shipping costs biggest concern for online shoppers
Logistics Business Magazine
DECEMBER 8, 2021
A poll* by intralogistics innovator Dematic has found that while shopping on the net is becoming far more popular, almost three out of five shoppers (58%) are put off buying clothes online if asked to cover the shipping costs for a delivery or return.
Editor’s Choice: 5 Steps to Creating a Profitable Same-Day Fulfilment
Logistics Viewpoints
JUNE 16, 2022
According to a survey by Gatepoint Research, 40% of retailers are focusing on this as one of their 2022 priorities. What a customer wanted to purchase from one location but had to travel elsewhere to get becomes important to understand. The same-day delivery market is forecast to double over the next three years.
Balancing Customer Expectations & Costs in eCommerce Delivery
Logistics Business Magazine
AUGUST 15, 2023
In a world where rising bills seem to be the norm for families and businesses alike, the delicate dance of balancing service quality with cost-efficiency has become a challenge for retailers and ecommerce delivery, writes Gemma Vasey, Business Development Manager, Asendia UK.
Energy Efficiency Is Key to Better Logistics
Material Handling and Logistics
JULY 29, 2018
Retailers such as Walmart have rigorous standards and will only purchase from suppliers who meet these standards. And customers, many of whom are Millennials, want to know the sourcing of the products they buy and will make decisions based on a company’s sustainability record. Reducing energy costs often reduces GHG emission.
5 Supply Chain Collaboration Essentials to Mitigate Disruptions
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.
Analytics in Supply Chain Management Becomes Central As Coronavirus Escalates
IoT World Today
MARCH 27, 2020
Manufacturing companies that have relied on China for production materials are feeling the blowback of this dependence; some retailers source more than half their inventory from China, according to 2020 Statista data. And “it’s a great tool,” but there are more sophisticated, more accurate tools to do sourcing.
Ecommerce Shopping Carts vs. Ecommerce Marketplaces
Ship Monk
JANUARY 19, 2024
An ecommerce store is a branded website where products from a single seller can be purchased over the internet. Building an online storefront can be as simple as adding an open-source shopping cart plugin, such as WooCommerce, to your WordPress website, or as complex as a custom-coded ecommerce platform like BestBuy.com.
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Organized Retail Crime is Growing, Losses up 7% from Last Year
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.
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Infographic: Bringg 2021 Retailer Survey
Bringg
JANUARY 26, 2021
Consumers have grown accustomed to buying everything from staples to discretionary items online, and relying on multiple delivery and fulfillment methods to receive their purchases. We surveyed 1,000 retailers, asking them to assess their delivery and fulfillment operations today, and their priorities for this year.
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This Week in Logistics News (November 25 – December 1)
Logistics Viewpoints
DECEMBER 1, 2023
million shoppers hit the stores and the internet to capitalize on Black Friday and Cyber Monday deals, according to a survey by the National Retail Federation. The top gifts were clothes and accessories, which about half of those surveyed purchased, and toys, which nearly a third of people surveyed bought.
7 Reasons Why the Supply Chain Matters to Business Success
Logistics Bureau
JANUARY 9, 2019
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. In 2014, a survey by Tompkins Consortium delivered a shocking revelation. Built strategic partnerships with vendors to drive down prices. Supply Chain Strategy.
Top Ecommerce Trends for 2024
Ship Monk
JANUARY 9, 2024
Brands that allow consumers to purchase without leaving the social platform they’re on have an advantage over brands that don’t, but only if consumers can easily navigate the product catalog and checkout process. For the first time, mobile purchases have overtaken desktop purchases.
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8 Reasons Why Your Business’ Success Depends Upon Your Supply Chain
Logistics Bureau
JANUARY 7, 2020
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. In 2014, a survey by Tompkins Consortium delivered a shocking revelation. Built strategic partnerships with vendors to drive down prices. Supply Chain Strategy.
The drive to onshore Australian manufacturing
SYSPRO Smarter ERP
SEPTEMBER 1, 2022
One of the ripple effects of the pandemic was that domestic sourcing, where possible, grew as companies could no longer import products for their production line. Multi-sourcing became more palpable as single sourcing – especially offshore – was understood to be a risky strategy.
7 Mini Case Studies: Successful Supply Chain Cost Reduction and Management
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.
How manufacturers and distributors can address supply chain management challenges
SYSPRO Smarter ERP
MARCH 21, 2022
Supply chain management (SCM) systems help businesses to manage the flow of goods and services right from the sourcing of raw materials, to delivering finished goods to the customer. In a survey on the use of software in supply chain planning, most of the organizations were found to be using manual or outdated methods.
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