3PL Insights

NOVEMBER 15, 2021

This includes over-the-counter pharmaceuticals that are being purchased in record numbers online after 2020 quarantines propelled this industry forward. The questions now are how will these supply chain delays affect online pharmaceutical orders, and what strategies are businesses implementing to overcome this challenge?

eCommerce 98

eCommerce Strategy Supply Chain Software Manufacturing Procurement 98

Ship Monk

JULY 18, 2024

Today we’re going to look at some of the consumer trends that might affect your preparations for peak season 2024, and strategies to maximize them. Trend #2 While 80% of shoppers were satisfied with a social media purchase, only 30% felt that what they purchased was “high quality.”

Inventory Reduction 111

Inventory Reduction Cost Reduction Price Reduction Supply Chain Planning Software 111

Logistics Viewpoints

APRIL 6, 2023

The shift from traditional purchasing to a collaborative supply chain network is not just a change in nomenclature; it represents a fundamental transformation in the way organizations manage their supply chains. The costs associated with purchasing these items hit the “operational expenses” components of the company’s financial statements.

Optimal Sourcing 131

Optimal Sourcing Manufacturing Procurement Sourcing Strategies Procurement Analytics 131

Ship Monk

APRIL 23, 2024

Measuring your output will enable you to develop strategies toward reducing your output, and show your customers the progress you’re making. Sustainability Strategies for Ecommerce Businesses You’re not going to become a sustainable company overnight, so it’s best to attack the problem a little at a time.

Waste Reduction 104

Waste Reduction Inventory Reduction Resource Reduction Cost Reduction 104

Supply Chain Brain

DECEMBER 7, 2020

Lou Conforti sees no reason why a shopping mall can’t contain both traditional brick-and-mortar stores and last-mile fulfillment operations for online purchases.

Strategy 120

Strategy Purchasing Operations 120

The Logistics of Logistics

JULY 12, 2023

He has a track record of driving significant growth, savings, and exceptional service through the development and execution of effective strategies. Their Davinci Quadron service provides a seamless experience for consumers, placing products where they want to purchase and ensuring quick product movement.

Negotiating Skills 326

Negotiating Skills Inventory Reduction Purchasing Skills Supply Chain Design Software 326

The Logistics of Logistics

JULY 20, 2022

Jon is the Director of Pricing Strategy & Analytics at Loadsmart , a freight technology company that is removing the barriers between shippers and carriers so freight can move in the most efficient, transparent and automated way. Jon Payne and Joe Lynch discuss truckload pricing dynamics. About Jon Payne.

Price Reduction 289

Price Reduction Purchasing Skills Cost Reduction Logistics Network Optimization Software 289

Logistics Viewpoints

MAY 10, 2022

Survey your users to avoid unseen pitfalls and make sure you’re actually purchasing a solution that provides a good user experience. Kyle has an MBA with a focus in Operations and Strategy from the Katz Graduate School of Business at the University of Pittsburgh and a B.S. Leverage this expertise and learn from employees.

Vendor Strategies 122

Vendor Strategies Waste Reduction Cost Reduction Optimization Software 122

The Logistics of Logistics

FEBRUARY 18, 2022

As CEO & co-founder of Parade, Anthony leads product vision and strategy to enable logistics service providers to work smarter and faster with modern tools. Build or Buy: Should you purchase your software or build your own. About Anthony Sutardja. Parade’s LinkedIn. Letter from the CEO: Parade’s Series A.

Logistics Network Optimization Software 66

Logistics Network Optimization Software Purchasing Skills Procurement Solutions Sourcing Strategies 66

The Logistics of Logistics

MARCH 10, 2023

3PLex was then purchased by Maersk. Cambridge Capital leverages BGSA’s unique approach to strategy-led investment banking for the supply chain. Over 300 of the top CEOs in the logistics and supply chain space attended this year’s conference to discuss technology, strategy and deals.

Conference 327

Conference Supply Chain Software Supply Chain Design Software Negotiating Skills 327

Overdrive Online

FEBRUARY 8, 2023

In Part 2 of this parts-purchase series, find more unique approaches as owners have adapted to new realities. Need a DEF quality sensor and you can't find it? How's a DEF tank somebody decided to "delete" sound for a quick and inexpensive solution?

Sourcing Strategies 107

Sourcing Strategies Purchasing Skills Sourcing Strategy 107

Supply Chain Brain

MAY 26, 2021

The changes in consumer purchasing habits look like they will outlast the pandemic, so i f you haven’t made that pivot, it's not too late to get into the eCommerce fulfillment game. As we begin to emerge from under the COVID-19 cloud, there is time to take a deep breath and make your last-mile delivery better.

eCommerce 119

eCommerce Strategy Purchasing 119

SIPMM Professional Publications

OCTOBER 12, 2020

Supplier innovation is one part of procurement’s managing supplier strategy. The post Digital Technologies for Supplier Innovation appeared first on SIPMM | Singapore Institute of Purchasing and Materials Management.

Supply Chain Software 158

Supply Chain Software Digital Material Savings Procurement 158

CH Robinson Logistics

JULY 13, 2022

The short answer is “yes,” as long as you have a segmented freight portfolio strategy for both the contract market and the spot market. Every business has a responsibility to develop strategies that take advantage of the best market price and service. As you build your strategy, confirm the spot market capacity for specific areas.

Price Reduction 90

Price Reduction Cost Reduction Strategy Purchasing Skills 90

The Logistics of Logistics

OCTOBER 22, 2021

On the website, Tom shares his ideas and knowledge of influencer marketing with others looking to learn about this powerful strategy. Tom offers full team training on the many different aspects of the process, one on one mentoring, or strategy calls. Tom Augenthaler is the Founder and CEO of The Influence Marketer.

White Paper 195

White Paper Procurement Solutions Logistics Network Optimization Software Strategy 195

Logistics Bureau

NOVEMBER 28, 2024

By implementing cost-effective supply chain strategies, companies can achieve significant benefits, including: Improved Profitability : Reducing supply chain costs directly impacts the bottom line, allowing businesses to increase their profit margins and improve overall financial performance. billion compared to $274.5 billion, for 2013).

Cost Reduction 79

Cost Reduction Inventory Reduction Material Savings Expense Reduction 79

Supply Chain Brain

OCTOBER 26, 2020

Innovative supply-chain strategies that seemed so perfectly attuned to current purchasing patterns have turned out to carry a lot more risk than their creators could ever have imagined.

Manufacturing Procurement 129

Manufacturing Procurement Inventory Reduction Inventory Purchasing 129

The Logistics of Logistics

DECEMBER 6, 2021

Lauren is a seasoned maritime attorney and the founder of Squall Strategies , a boutique maritime consulting and legal solutions company and offers a wide range of consulting services to serve a variety of businesses and clients. Beagen is a seasoned maritime attorney and the founder of Squall Strategies, LLC. About Squall Strategies.

Inventory Reduction 195

Inventory Reduction Material Savings Maritime Supply Chain Software 195

The Logistics of Logistics

FEBRUARY 18, 2021

Upon fulfilling the transition obligations of Merchantry to Tradeshift, Watson directed the cross-border product strategy of Pitney Bowes, a $450M business, comprised of Borderfree and the eBay Global Shipping Program. As a traditional retailer, Target couldn’t just copy Amazon’s strategy. Rick Watson. RMW Commerce.

Eliminating Excel in Purchasing 221

Eliminating Excel in Purchasing Inventory Reduction Resource Reduction eCommerce 221

The Logistics of Logistics

MAY 12, 2021

Private label is becoming an important strategy for retailers. Over 30% of ecommerce purchases are returned, which is an enormous cost and logistics problem. Costco example: they sell different brands and market their brand Kirkland, which now accounts for approximately 25% of their revenue. So, what is Costco?

Supply Chain Software 368

Supply Chain Software Logistics Network Optimization Software Procurement Solutions eCommerce 368

Logistics Viewpoints

NOVEMBER 25, 2024

In 2017, a strategy consultant was hired to do a top-to-bottom assessment of the Boston University procurement program. Once that requisition is approved, it becomes a purchase order. If the invoice matches the purchase order, it is posted in SAP, and the payment is made automatically without any paper or human touch.

Purchasing Skills 155

Purchasing Skills Sourcing Strategies Sourcing Procurement Solutions 155

Supply Chain Brain

FEBRUARY 3, 2021

Food retailers are in a prime position to capitalize on Covid-related changes in purchasing behavior, and these three digital strategies will help retain customer loyalty in the long term.

Industry 124

Industry Purchasing Digital Strategy 124

Logistics Viewpoints

DECEMBER 2, 2021

There will be little relief in 2022 unless the factors driving the increased import volumes—a strong economy and the fundamental shift in consumer behavior to purchase more goods and less services—change. Near or re-shoring sourcing strategies will be evaluated to “shorten” supply chains and gain greater control of supply chain performance.

Waste Reduction 200

Waste Reduction Cost Reduction Inventory Reduction Resource Reduction 200

Food Logistics

JULY 11, 2024

Whether you purchase insurance, leverage drop trailers, or whip up a master logistics strategy with your provider this hurricane season, stay safe and keep those supply chains moving.

Supply Chains 109

Supply Chains Purchasing Strategy Logistics 109

WorkWave

NOVEMBER 7, 2022

To help you out, we’ve put together a list of seven strategies that will help you double your business with reviews, referrals and marketing. 7 Strategies for Growth. In today’s digital world, potential customers are far more likely to research your business online before making a purchase. Let’s dive right in!

Strategy 95

Strategy Procurement Solutions Examples Tips 95

Stord

JULY 1, 2024

A brand’s goal is to maximize order value and repeat purchase rate, while minimizing variable product and shipping costs, optimizing ad costs, and keeping overhead costs low. Well they achieved it by deploying these exact strategies. Brands can go further still in finding margin saving parcel strategies.

Expense Reduction 78

Expense Reduction Cost Reduction Price Reduction Inventory Reduction 78

The Logistics of Logistics

FEBRUARY 12, 2021

Ilya was formerly a strategy and operations management consultant within the Big 4 with both PwC and KPMG, advising Fortune 1000 clients across healthcare, technology, and private equity verticals. Ilya Preston is the Co-founder and CEO of PAXAFE. Ilya earned a Bachelor of Science in International Business from the University of Indianapolis.

Expense Reduction 195

Expense Reduction Freight Supply Chain Software Modeling Software 195

Logistics Bureau

OCTOBER 11, 2024

The Changing Role of Procurement Highly successful organisations often see their Chief Procurement Officers (CPOs) proactively driving global procurement strategy, sharing responsibilities with COOs and CFOs on value creation initiatives, and deploying global resources to achieve the ultimate supply chain targets.

Manufacturing Procurement 104

Manufacturing Procurement Optimal Sourcing Procurement Solutions Procurement Analytics 104

The Logistics of Logistics

DECEMBER 31, 2021

Upon fulfilling the transition obligations of Merchantry to Tradeshift, Watson directed the cross-border product strategy of Pitney Bowes, a $450M business, comprised of Borderfree and the eBay Global Shipping Program. As a traditional retailer, Target couldn’t just copy Amazon’s strategy. Rick Watson. RMW Commerce.

Eliminating Excel in Purchasing 195

Eliminating Excel in Purchasing Inventory Reduction Resource Reduction eCommerce 195

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 47

Procurement Solutions Purchasing Skills Purchasing Expense Reduction 47

Logistics Viewpoints

DECEMBER 6, 2022

However, the inability for consumers to initially see, feel or experience products they purchase online can create gaps between product expectations and what arrives at the doorstep. Compare this to the 9% returns rate of purchases made in-store. In the U.S, 21% of online orders were returned in 2021, up from 9% in 2019.

Purchasing Skills 147

Purchasing Skills Reverse logistics Price Reduction Cost Reduction 147

Logistics Viewpoints

OCTOBER 17, 2024

Treating suppliers as essential partners in the field of direct spend management—almost like customers—can be a key component of a successful company strategy. Market Intelligence: Suppliers often have access to valuable business and supply market intelligence, which can inform a company’s strategy especially in the area of direct spend.

Supply Chain Planning Software 144

Supply Chain Planning Software Manufacturing Procurement Supply Chain Design Software Optimal Sourcing 144

Logistics Bureau

OCTOBER 12, 2024

Let’s be reminded that there are lot of other things such as corporate strategy and a market dynamics that can impact your procurement performance. Hopefully with the tips and insights provided above, you can gain a little more insight into how strategies are developed within logistics.

Cost Reduction 62

Cost Reduction Procurement Analytics Optimal Sourcing Procurement 62

The Logistics of Logistics

NOVEMBER 11, 2019

What if I put this all together and nobody is interested in purchasing it? 15:34] Let’s talk about strategies for getting around these horrible monsters. 20:15] What’s another strategy we can use to kill these triplets? 21:59] What’s another strategy for beating procrastination, distraction, and rationalization?

Strategy 174

Strategy Training Purchasing Logistics 174

Dedola Global Logistics

MAY 22, 2024

This initiative will set a cap on emissions of certain greenhouse gases and require companies to purchase emission allowances. Adapting to Changes in the EU Emissions Trading System (ETS): Starting January 1, 2024, the EU will incorporate shipping into its Emissions Trading System (ETS).

Price Reduction 74

Price Reduction Compliance Strategy Logistics Network Optimization Software 74

Logistics Bureau

AUGUST 2, 2021

Emergency Purchase Rate. Emergency purchases are bad news for your business costs, continuity, and planning, and they also increase supply chain risk. For that reason, the emergency purchase rate KPI is one you should certainly be keeping an eye on. Purchase Order Cycle Time. Cost per Purchase Order and Cost per Invoice.

Procurement Analytics 118

Procurement Analytics Procurement Solutions Optimal Sourcing Procurement 118

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. What are your sustainable delivery strategies?

Eliminating Excel in Purchasing 146

Eliminating Excel in Purchasing Cost Reduction Purchasing Skills Resource Reduction 146