Stord

APRIL 16, 2025

A study by Edelman found that 81% of consumers need to trust a brand before making a purchase. Numerous studies have demonstrated that communication plays a critical role in enhancing customer satisfaction, improving retention, and building loyalty. Trust is currency in e-commerce.

Inventory Reduction 78

Inventory Reduction Cost Reduction Purchasing Skills Price Reduction 78

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.

Vendor Strategies 113

Vendor Strategies Resource Reduction Cost Reduction Price Reduction 113

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

Logistics Bureau

JULY 21, 2017

At the next Logistics Bureau Free Executive Breakfast (which will take place in August), I’ll be discussing the alignment of supply chain and business strategy along with eight other important levers for supply chain performance improvement. The Failing Kmart Business Strategy. The first Kmart store opened way back in 1962.

Cost Reduction 68

Cost Reduction Inventory Reduction Price Reduction Vendor Strategies 68

Logistics Bureau

MAY 24, 2019

The following five mini case studies explore a few high-profile companies that have managed to sustain their supply chain cost-reduction efforts and keep expenses under control. The Path to Cost Reduction: Intel decided to try what was considered an unlikely supply chain strategy for the semiconductor industry: make to order.

Cost Reduction 77

Cost Reduction Inventory Reduction Expense Reduction Price Reduction 77

SYSPRO Smarter ERP

NOVEMBER 1, 2021

Industries are facing the need to plan new strategies and invest more in technology to gain a stronger foothold. We live in a time where we can purchase almost anything with a click of a button. With the rise of digital transformation manufacturers can use ERP to implement their e-commerce strategies.

Manufacturing Procurement 111

Manufacturing Procurement Supply Chain Planning Software Optimal Sourcing Inventory Reduction 111

Logistics Bureau

DECEMBER 9, 2020

For instance, the Chief Procurement Officer will lead the sourcing process, develop the procurement strategy, identify potential suppliers, and manage short and long terms goals. Then we get the Project Procurement Manager, who is responsible for communicating with suppliers concerning the purchase of commodities, equipment, and services.

Manufacturing Procurement 98

Manufacturing Procurement Procurement Analytics Procurement Purchasing Skills 98

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%. What’s your home delivery excellence strategy?

Optimal Sourcing 111

Optimal Sourcing Eliminating Excel in Purchasing Purchasing Skills Sourcing Strategies 111

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

ECW

JANUARY 8, 2025

Case Study: This study focusing on the strawberry supply chain in the U.S. Actionable Tip: Incorporate sustainability goals into your supply chain strategy. Prioritize Temperature-Controlled Logistics Not every port is equipped to handle temperature-sensitive goods, but Baltimore delivers.

Supply Chains 130

Supply Chains Cost Reduction Scenario Planning Tips 130

Material Handling and Logistics

OCTOBER 11, 2018

Celebrants intend to spend an average of $86.79, up from last year’s $86.13, with more than 175 million Americans planning to partake in Halloween festivities, according to the annual study that has been conducted over the past 14 years by Prosper Insights & Analytics for NRF. Consumers plan to spend $3.2 billion on decorations (74%), $2.6

Procurement Analytics 130

Procurement Analytics Scenario Planning Survey Study 130

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. How do deliveries impact consumer experience?

Supply Chain Planning Software 105

Supply Chain Planning Software Optimization Software Supply Chain Software Logistics Network Optimization Software 105

SYSPRO Smarter ERP

MAY 30, 2022

Using ERP to improve purchasing transparency. Purchases that are made outside the defined procurement process fall under dark purchasing. This may happen if someone with purchasing authority neglects to submit expenses properly. Such uncontrolled spending can ultimately be expensive for the business.

Manufacturing Procurement 105

Manufacturing Procurement Optimal Sourcing Procurement Solutions Procurement Analytics 105

Logistics Viewpoints

DECEMBER 1, 2022

Theme 2: Online buying will fuel home delivery growth, challenges and new strategies. In the same ecommerce study, over 72% of consumers experienced a delivery failure over a three-month period. Somewhat nailed it. Theme 3: The Great Resignation will accelerate the existing driver exodus, increasing the focus on retention.

Cost Reduction 119

Cost Reduction Resource Reduction Supply Chain Planning Software Logistics Network Optimization Software 119

Logistics Bureau

SEPTEMBER 4, 2023

Potential Factors in Declining Margins To get to the root of the problem, understanding the costs of production or purchasing will be a necessary starting point, but typically, more information will be needed. Some customers are very good at finding loopholes to reduce their purchasing costs.

Negotiating Skills 98

Negotiating Skills Purchasing Skills Cost Reduction Analysis 98

Talking Logistics

FEBRUARY 27, 2019

This allows customers to go to one place to purchase any of our services. The post The Role of TMS in a Logistics Partner’s Strategy and Value Proposition appeared first on Talking Logistics with Adrian Gonzalez. I encourage you to watch the full episode for all the details and highlights.

Vendor Strategies 74

Vendor Strategies Price Reduction Logistics Network Optimization Software Modeling Software 74

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.). It is making use of inventory that is the easiest/fastest to get to the customer, no matter through which channel the order was placed.

Optimal Sourcing 110

Optimal Sourcing Inventory Reduction Sourcing Strategies Vendor Strategies 110

Logistics Bureau

JANUARY 3, 2025

Competitor intelligence: Distribution strategies and network designs of your competitors. First and foremost, of course, you should ensure the objectives for your distribution network align with those of your supply chain strategy , which in turn should support the overall goals of your business.

Supply Chain Design Software 75

Supply Chain Design Software Supply Chain Design Distribution Networks 75

SYSPRO Smarter ERP

MAY 30, 2022

Using ERP to improve purchasing transparency. Purchases that are made outside the defined procurement process fall under dark purchasing. This may happen if someone with purchasing authority neglects to submit expenses properly. Such uncontrolled spending can ultimately be expensive for the business.

Manufacturing Procurement 98

Manufacturing Procurement Optimal Sourcing Procurement Solutions Procurement Analytics 98

GlobalTranz

JUNE 16, 2015

In fact, the annual ChainLink Research Study found innovation to be the top focus for those involved in the manufacturing community. This occurs as more consumers have sought out ways to purchase goods or services online due to increasingly chaotic and intensive work schedules or inability to reach your business due to location.

Manufacturing Procurement 101

Manufacturing Procurement Purchasing Skills Price Reduction Supply Chain Design Software 101

Material Handling and Logistics

JANUARY 10, 2018

According to a recent study by Pew Research study, 80% of consumers make online purchases, compared to just 22% in 2000. 2018 will see a focus on taking innovation beyond a buzzword and into implementable solutions that deliver executable results. Kristi Montgomery, VP of innovation, Kenco.

Supply Chain Design Software 144

Supply Chain Design Software Supply Chain Software Supply Chain Design Supply Chains 144

GoShip Blog

DECEMBER 26, 2018

Customer experience is someone’s experience involving every interaction of a business and a customer, including pre-sale and after-purchase communication and experience. A recent study by American Express stated that 60% of customers would pay more money to get a better experience shopping. Why is it important to your business?

How To 75

How To Study Logistics Network Optimization Software After-sales 75

Talking Logistics

APRIL 23, 2019

A recent study from The American Transportation Research Institute showed that many companies are trying to move fulfillment closer to their customers. New supply chain strategies. To meet these needs, supply chain strategies need to focus on “right-size” fulfillment footprints. Let’s take another look at the treadmill example.

Supply Chain Design Software 112

Supply Chain Design Software Cost Reduction Logistics Network Optimization Software Supply Chain Software 112

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

Logistics Business Magazine

OCTOBER 12, 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 66

Eliminating Excel in Purchasing Cost Reduction Purchasing Skills Procurement Analytics 66

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

Ship Monk

SEPTEMBER 18, 2023

There are a myriad of strategies and tactics to take at each step, but if you look at it from the ecommerce merchant’s POV, there are three basic steps to customer acquisition. Retention: driving repeat purchases. Let’s look closer at each of these steps and what you can do to turn browsers into repeat purchasers.

eCommerce 64

eCommerce Tips Optimal Sourcing Price Reduction 64

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 105

eCommerce Trends Optimization Software Supply Chain Software 105

Logistics Bureau

JANUARY 7, 2020

Supply chain strategy is critical to business success, but companies often underestimate its importance and hence pay it less leadership attention than other areas of operation. Supply Chain Strategy. In other words, the majority did not recognise the need for close alignment between supply chain and general business strategies.

Supply Chain Design Software 111

Supply Chain Design Software Supply Chain Design Inventory Reduction Cost Reduction 111

MTS Logistics

JUNE 26, 2023

High inflation erodes the purchasing power of consumers, both domestically and abroad, which can lead to reduced demand for exports. When inflation is high, production costs tend to increase, including labor, raw materials, and energy expenses. Inflation also influences exchange rates, which in turn affects export competitiveness.

Expense Reduction 98

Expense Reduction Price Reduction Purchasing Skills Material Savings 98

Logistics Viewpoints

JUNE 8, 2023

Studies show that 88% of consumers have abandoned online shopping carts due to unsatisfactory delivery terms, and 85% of customers will not shop with a retailer again after a poor delivery experience. Purchasing technology from a vendor can be a complex task, especially when it comes to estimating costs.

Modeling Software 111

Modeling Software Optimization Software Supply Chain Design Software Logistics Network Optimization Software 111

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 119

Supply Chain Software Definition Supply Chain Planning Software Supply Chains 119

Locus

MAY 25, 2022

Here are seven key strategies that they have used to make it happen. 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. Use advanced route planning to achieve on-time delivery.

Sourcing Strategies 52

Sourcing Strategies Inventory Reduction Cost Reduction Strategy 52

GlobalTranz

APRIL 6, 2015

Many studies state that those who can manage the functions with the supply chain, they have a competitive advantage. In the past, many buyers selected purely based on purchase price and quantity discounts. However, when large amounts of products are purchased inventory keeping and management costs are skyrocketed.

Optimal Sourcing 118

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

Logistics Viewpoints

MAY 3, 2022

But it’s important to remember that while customers want their purchases fast, sometimes even the next day, many care about the environmental impact of that delivery as well. An IBM study found that 57% of consumers are willing to change their shopping habits to protect the environment. It’s time to rethink everything.

Supply Chain Design Software 110

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 110

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 Coordinator.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 98

Logistics Business Magazine

MARCH 21, 2023

Based on insight from real purchases, returns, and customer journeys across digital and physical channels, the benchmark reveals the common attributes of successful retailers and the opportunities for others to improve their customer value and modernise operations. Driving Strong Growth “Shoppers don’t see channels the way retailers do.

Inventory Reduction 58

Inventory Reduction Modeling Software Procurement Solutions Study 58