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

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

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 62

eCommerce Tips Optimal Sourcing Price Reduction 62

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

Bringg

SEPTEMBER 20, 2018

Last week, Dotcom Distribution launched their annual eCommerce study. Looking at the survey results, 90% said that they highly value free returns when making online purchases; and 91% say free shipping influences future purchases. The most popular categories purchased online remain consistent from the last report.

eCommerce 101

eCommerce Procurement Analytics Survey Purchasing 101

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

Logistics Bureau

NOVEMBER 3, 2024

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 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 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 69

Eliminating Excel in Purchasing Cost Reduction Purchasing Skills Procurement Analytics 69

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 90

Negotiating Skills Purchasing Skills Cost Reduction Analysis 90

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 131

Optimal Sourcing Inventory Reduction Sourcing Strategies Vendor Strategies 131

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 139

Optimal Sourcing Eliminating Excel in Purchasing Purchasing Skills Sourcing Strategies 139

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 61

Inventory Reduction Modeling Software Procurement Solutions Study 61

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 125

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

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 118

Manufacturing Procurement Procurement Analytics Procurement Purchasing Skills 118

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 66

Cost Reduction Inventory Reduction Expense Reduction Price Reduction 66

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 135

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

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

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

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

World Food Programme Logistics

MARCH 1, 2019

Eat, grow, study: School feeding in Africa Political will and commitment to school feeding in Africa is on the rise, with more governments supporting policy, legislation and financing School feeding is changing lives in Africa. Photo: WFP/Dixon This morning, 10-year-old Agnes is rushing to school on the outskirts of Porto-Novo, Benin.

Study 40

Study Food and Agriculture Government Sourcing Strategies 40

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 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 135

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

247 Customs Broker

APRIL 11, 2018

As online shopping becomes more sophisticated and prevalent, coming with that is an influx of increased purchasing activity in various ways, including consumers buying more good online from both marketplaces and international retailers, as well as increasing their usage of digital devices for purchases along with different preferences for delivery.

Study 28

Study Procurement Solutions Material Savings Logistics Network Optimization Software 28

WorkWave

FEBRUARY 9, 2024

One effective strategy that’s been gaining traction is price bundling. Also known as packaged pricing, this strategy involves bundling various services together and charging one price. Bundled services are usually cheaper than if customers were to purchase each service individually. What are their most common needs?

Price Reduction 52

Price Reduction Purchasing Skills Tips Procurement Solutions 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

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

Conger

JULY 30, 2021

Top challenges and the steps for adopting an omnichannel distribution strategy. 4 Steps for Adapting to an Omnichannel Distribution Strategy. With the rise of eCommerce, consumers have more purchasing options than ever before. There are 5 ways that customers can order, receive, or return their purchases.

Inventory Reduction 52

Inventory Reduction Distribution Vendor Strategies Waste Reduction 52

Ship Monk

AUGUST 27, 2024

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. It includes email addresses, phone numbers, physical addresses, purchase history, product preferences, customer service interactions and more. zero-party data).

eCommerce 62

eCommerce Expense Reduction Cost Reduction Optimization Software 62

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

NOVEMBER 8, 2023

In fact, according to Descartes’ 2023 consumer sentiment study on home delivery sustainability , a sizable 41% of respondents indicated they regularly or always make purchasing decisions based upon the product or company’s environmental impact. What is more, it’s no secret that freight transportation (i.e.,

Waste Reduction 55

Waste Reduction Cost Reduction Transportation Eliminating Excel in Purchasing 55

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 60

Vendor Strategies Price Reduction Logistics Network Optimization Software Modeling Software 60

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 84

Expense Reduction Price Reduction Purchasing Skills Material Savings 84

WorkWave

JUNE 17, 2024

Generating more leads is a key strategy for increasing revenue, expanding market reach, and establishing a strong reputation in the industry. Digital marketing has emerged as an essential strategy to effectively promote products and services online. Email marketing is an effective pest control lead generation strategy.

Optimal Sourcing 96

Optimal Sourcing Sourcing Strategies Resource Reduction Optimization Software 96

GoShip Blog

NOVEMBER 17, 2022

A customer loyalty program is a marketing strategy that recognizes and rewards customers who frequently purchase from a business. Studies have also shown that loyalty programs have a positive impact on customer retention. By encouraging repeat purchases: Repeat customers spend more, thereby bringing more profit to your business.

Expense Reduction 52

Expense Reduction Cost Reduction Resource Reduction Procurement Solutions 52

GoShip Blog

APRIL 28, 2020

But there seems to be a secret key to keep getting loyal customers – even if their purchase didn’t satisfy them. Let’s take a look at some key takeaways from different studies: 69% of shoppers won’t buy from you again if they have to pay for returns. 66% of customers will review your returns policy before completing a purchase.

How To 52

How To Cost Reduction Purchasing Skills Purchasing 52

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 84

Vendor Strategies Resource Reduction Cost Reduction Price Reduction 84

Ship Monk

OCTOBER 28, 2024

Answer a Question Every byte of content you produce should help potential customers feel more comfortable about purchasing your product and engaging with your brand. Social proof, such as 5-star reviews, customer testimonials, and case studies, are also highly influential to prospective buyers. How does it work? How does it fit?

How To 57

How To Optimization Software eCommerce Procurement Solutions 57