Logistics Viewpoints

FEBRUARY 3, 2022

Because switching from JIT to JIC is at best only a tool to address short-term problems and risk. A year later their survey revealed that companies were more likely to have increased inventory than originally planned and less likely to have made other planned changes to suppliers and networks. A change to one link (e.g.

Inventory Reduction 189

Inventory Reduction Supply Chain Planning Software Supply Chain Design Software Inventory 189

FreightWaves SONAR

FEBRUARY 11, 2021

As reported by DC Velocity , “the 2020 Fleet Advantage Industry Benchmark Survey noted, “11% of transportation fleets estimate they have saved more than $1 million in crash avoidance by upgrading to newer trucks with advanced safety features.” Financial insight feeds into equipment purchasing decisions.

Procurement Analytics 98

Procurement Analytics Trucking Optimization Software Operations 98

GoShip Blog

JUNE 1, 2021

According to a survey, 64.3% This tool is designed to make shipping rates and service details available to its users in a quick and easy-to-read format. You can even decrease the total revenue margin between the sales and the product’s purchase price by calculating it! Click the button below to get started!

Purchasing Skills 98

Purchasing Skills Procurement Solutions Tools Packaging 98

Ship Monk

MARCH 11, 2024

Did you know that 93% of consumers say that online reviews influence their purchase decisions? Now that we’ve established that social proof is an important tool for influencing consumer behavior, it follows that smart ecommerce companies can, and should, take advantage of these natural biases. That’s a mind-blowing statistic.

eCommerce 105

eCommerce Logistics Network Optimization Software Case Study Procurement Solutions 105

Logistics Viewpoints

MARCH 6, 2023

GEON Performance Solutions purchases plastic pellets and add plastic compounders to make products of different strength, resilience, and flexibility. At a high level, what GEON does is purchase plastic pellets and add plastic compounders to make products of different strength, resilience, and flexibility.

Supply Chain Planning Software 159

Supply Chain Planning Software Supply Chain Transformation Scenario Planning Supply Chain Software 159

Freightos

FEBRUARY 4, 2020

But a recent Freightos Group survey of industry leaders found that fixed price agreements are far from fixed: 75% of forwarders report paying a peak season surcharge to get on the right sailing . A common response or protection against price opacity and volatility is the long-term fixed price contract. . The FBX Daily Difference.

Optimal Sourcing 124

Optimal Sourcing Purchasing Skills Procurement Analytics Optimization Software 124

SYSPRO Smarter ERP

SEPTEMBER 1, 2022

More Australians are also now purchasing locally produced goods, and research from Roy Morgan found 96 per cent of Australians prefer to buy locally made products. Tools and moulds will need to be retrieved and intellectual property (IP) rights are tricky when it comes to ownership.

Manufacturing Procurement 105

Manufacturing Procurement Supply Chain Planning Software Sourcing Strategies Supply Chain Software 105

Logistics Viewpoints

SEPTEMBER 7, 2022

Only through this extensive mapping can you see that it may be because there’s a Tier 5 supplier who is not able to get the rare earth mineral out of China that goes into the microprocessor (we purchase). The other risk management software supplier’s methodology was based on surveys. Finally, the tool is a sales tool.

Supply Chain Software 136

Supply Chain Software Supply Chains Optimal Sourcing Procurement Solutions 136

3PL Insights

SEPTEMBER 20, 2021

The ATA creates the tonnage index through a series of surveys of its members. The anonymity of the survey and companies participating prevents us from understanding the percentage of tonnage each company accounts for or the type of freight being shipped. The ATA states that 72.5%

Trucking 92

Trucking White Paper Procurement Analytics Trends 92

Stord

NOVEMBER 13, 2024

According to a survey by the National Retail Federation, retailers can earn approximately 20% of their annual sales during the Black Friday to Christmas shopping period. Put another way, only 3 out of 10 customers will complete the purchase. BFCM by the Numbers Data from 2023 showed a record-setting turnout of 200.4

Inventory Reduction 148

Inventory Reduction How To Cost Reduction Procurement Solutions 148

Ship Monk

JANUARY 9, 2024

ShipMonk nurtures relationships and facilitates integrations with shipping companies, as well as providers of third-party tools and systems that enable ecommerce businesses to thrive. For the first time, mobile purchases have overtaken desktop purchases. Mobile Takes the Lead Of the $9.8

eCommerce 105

eCommerce Trends Optimization Software Supply Chain Software 105

Trinity Logistics

NOVEMBER 13, 2023

DIFFICULTY FINDING LABOR DIVERSIFYING WORKFORCE TECHNOLOGY IS TAKING OVER INCREASING CYBERSECURITY CARBON NEUTRALITY BUILDING RESILIENT SUPPLY CHAINS DIFFICULTY FINDING LABOR Manufacturers are still struggling to find labor, with a recent Deloitte survey estimating that the manufacturing sector will be short 2.1

Manufacturing Procurement 90

Manufacturing Procurement Supply Chain Software Trends Supply Chain Planning Software 90

Logistics Viewpoints

MAY 10, 2022

Companies must also offer a healthy workplace which listens to their workforce and offers modern tools that keep workers happy in addition to being productive. Survey your users to avoid unseen pitfalls and make sure you’re actually purchasing a solution that provides a good user experience. What is missing from their workflow?

Vendor Strategies 122

Vendor Strategies Waste Reduction Cost Reduction Optimization Software 122

Ship Monk

JUNE 6, 2022

Method #1: Client Satisfaction Surveys. Build satisfaction surveys into your website and/or trigger emails to capture first, second, and third impressions from your customers. Make sure your survey questions get to the “why.” You will not get a response from every (or even most) of your customers, but every response is valuable.

eCommerce 59

eCommerce Maintainability Supply Chain Software Logistics Network Optimization Software 59

Bringg

JANUARY 24, 2019

Shoppers today are demanding an unprecedented level of control over when, where, and how they purchase and receive goods and services. Using automated tools to plan warehouse logistics and optimize product location within the fulfillment center can cut time in half for the human pickers. Digitize Communication with Customers.

Automation 83

Automation Optimization Software Modeling Software Logistics Network Optimization Software 83

SYSPRO Smarter ERP

JULY 4, 2022

According to the recent SYSPRO global research survey, an enormous 82 percent of Fabricated Metal Manufacturers experienced supply chain and material handling disruptions over the past twelve months. One of the main technology disruptors is cloud infrastructure and supporting tools.

Optimization Software 111

Optimization Software ERP Supply Chain Software Manufacturing Procurement 111

Logistics Viewpoints

APRIL 7, 2023

According to the annual survey released by the National Retail Federation’s (NRF) and Prosper Insights & Analytics, consumers plan to spend a collective $24 billion on Easter this year, up from $20.8 The survey indicates that 81 percent of Americans will celebrate the holiday and spend an average of $192.01, the highest figure on record.

Logistics Network Optimization Software 125

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

Bringg

NOVEMBER 13, 2020

A recent survey by Oracle cites that 66% of respondents will prefer home delivery over other fulfillment methods. The pandemic is forcing those consumers who would normally have purchased a gift in-store to add to the already high seasonal shipping volume. In fact, sometimes it may complicate it. – Fedex, U.S.

Operations 62

Operations Logistics Network Optimization Software Modeling Software Optimization Software 62

Morai Logistics

MAY 16, 2019

In a 2018 survey that included the opinions of 50 executives, supply chain functions were ranked as ‘relatively unimportant’. When we make a purchase on a digital platform for instance, we usually can expect our item to arrive within 3 to 5 business days. Supply Chains and Business Growth. Failure to Implement Supply Chains.

Supply Chain Software 60

Supply Chain Software Cost Reduction Supply Chains Optimization Software 60

GlobalTranz

MAY 28, 2015

You should offer different navigation options that will keep all previous customers’ activities and allow them to continue shopping after making a purchase, without starting all the process from the beginning. Allow your clients to comment and complete surveys and reviews you place at your website. Personalized E-Mail Campaign.

Supply Chain Software 93

Supply Chain Software Vendor Strategies Supply Chains Waste Reduction 93

Logistics Bureau

DECEMBER 1, 2024

Not only does an existing CRM system contain a ready-made database of customer information, but it is also a purpose-built tool for getting more. Leveraging the knowhow and tools of your marketing colleagues is a smart way forward. However you do it, supply chain has to connect with the marketplace.

Supply Chain Planning Software 85

Supply Chain Planning Software Supply Chain Software Supply Chains Inventory Reduction 85

GlobalTranz

DECEMBER 10, 2018

So, some years back I decided to regularly survey logistics buyers on how to best get and keep their attention. My firm conducts the survey every couple of years and we recently finished up our 2018 survey findings report, which is available here. Be Honest Buyers don’t necessarily feel like they are being lied to.

Logistics Network Optimization Software 69

Logistics Network Optimization Software White Paper Logistics Survey 69

RPA Labs

JANUARY 13, 2022

With continued digital innovation, data from across the supply chain network and even consumer purchasing trends can be easily collected and analyzed to understand historical trends better and predict future demand. In fact, that benefit was their top choice from a list of a dozen benefits.”

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Optimization Software Procurement Solutions 52

GlobalTranz

AUGUST 18, 2015

Companies based on assets have had years of experience in purchasing trucks and managing warehouse inventories. Shippers report capacity as their top concern for selecting a 3PL service provider, specifically 65 percent of surveyed shippers. What Data Analytics and Business Process Strategy Services Are Offered?

Logistics Network Optimization Software 96

Logistics Network Optimization Software Procurement Analytics Inventory Reduction Supply Chain Software 96

Ship Monk

JANUARY 19, 2024

An ecommerce store is a branded website where products from a single seller can be purchased over the internet. You have control over inventory management and post-purchase operations, including fulfillment, returns, and customer service. In fact, 70% of consumers visit 2-4 websites before making a purchase.

eCommerce 105

eCommerce Logistics Network Optimization Software Optimization Software Purchasing Skills 105

3PL Links

SEPTEMBER 19, 2023

Invesp conducted a survey that revealed that 30% of online purchases worldwide result in returns or exchanges. This can happen for various reasons, including the fact that the customer has never seen the goods in person before making a purchase and has different expectations regarding its appearance, size, or efficiency.

Optimal Sourcing 48

Optimal Sourcing Reverse logistics Optimization Software Optimization 48

Ship Monk

SEPTEMBER 14, 2023

They’re researching before they purchase, and they’re purchasing wherever and whenever they see something they like. Social commerce — Facebook, Pinterest, and Instagram used to be strictly places for inspiration and peer recommendations, with links that would redirect a consumer to a website or marketplace to make a purchase.

Inventory Reduction 64

Inventory Reduction Price Reduction Cost Reduction eCommerce 64

GlobalTranz

MARCH 17, 2016

Purchasing and supply executives predict that the global manufacturing industry will continue to expand. Analytics tools help global manufacturing engineers optimize use of machinery. By 2014, 11 percent of manufacturing companies had adopted 3-D printing, according to a PwC survey. The ISM projects a 4.1 billion to $4.8

Manufacturing Procurement 64

Manufacturing Procurement Supply Chain Software Supply Chain Design Software Supply Chain Planning Software 64

GlobalTranz

MAY 4, 2015

Jabil sponsored a global Dimensional Research survey to capture hard data on current experiences, challenges and trends with the supply chains of electronics manufacturing companies. Transparent supply chain management and effective supply chain visibility is a critical tool in a company’s continued growth and successful brand image.

Supply Chain Software 120

Supply Chain Software Manufacturing Procurement Supply Chains Trends 120

Logistics Business Magazine

AUGUST 15, 2023

The influence of delivery costs on consumer behaviour Recent surveys spotlight the pivotal role that delivery costs play in shaping shoppers’ purchasing decisions. A report by Asendia underscores this, revealing that 43% of the 8,000 global online shoppers surveyed rank delivery costs as a key consideration.

Purchasing Skills 62

Purchasing Skills Cost Reduction eCommerce Price Reduction 62

GlobalTranz

AUGUST 11, 2016

Last month we talked about customer satisfaction surveying and the Net Promotor Score; this month we are looking more specifically at the health of manufacturing sector in the US and the manufacturing technology orders (largely metal cutting machine tools). USMTO is managed by AMT, The Association For Manufacturing Technology.

Manufacturing Procurement 50

Manufacturing Procurement Optimization Software Ordering Procurement Solutions 50

Logistics Business Magazine

AUGUST 17, 2023

For good reason: Investing in an industrial truck is, after all, a long-term purchase and the equipment is usually in use for many years. In addition to service, the survey also covers product-specific areas such as new equipment, used equipment and rental. For this purpose, STILL is using the NPS system.

Procurement Solutions 43

Procurement Solutions Logistics Network Optimization Software Survey Materials Handling 43

Logistics Marketing Advisors

NOVEMBER 15, 2018

Every couple of years, Logistics Marketing Advisors does a survey of professionals who make or influence purchasing decisions on logistics products or services. This year, we surveyed 100 buyers online and then followed up with direct interviews with 10 of these respondents to dig a little deeper.

Logistics Network Optimization Software 49

Logistics Network Optimization Software How To Supply Chain Software Logistics 49

GlobalTranz

JULY 8, 2015

Reverse Logistics allows businesses to recoup a portion of the original purchase price of this equipment. However, 70 percent of respondents within the survey saw Reverse Logistics as a burdensome cost for the business. The Cycle of Business Life.

Reverse logistics 110

Reverse logistics Material Savings Cost Reduction Logistics Network Optimization Software 110

Blue Grace Logistics

JULY 27, 2021

51% of the respondents in a global Reuters survey felt that the most perplexing challenge is the unpredictable nature of consumer demand. Customer expectations and the buying capacity of the purchaser coupled with the cost of substitutes or complementary goods also play an important role. Demand forecasting is hard.

Procurement Analytics 62

Procurement Analytics Supply Chain Planning Software Supply Chain Software Supply Chain Design Software 62

Ship Monk

AUGUST 30, 2023

According to an ongoing study of 3,036 Shopify stores, the average conversion rate (visits that resulted in purchases) in 2022 was 1.3%. You can also track conversion rates for other actions you want customers to take, such as email signups or social followers, but an ecommerce conversion rate commonly tracks those that result in a purchase.)

eCommerce 52

eCommerce How To Procurement Analytics Purchasing Skills 52

Forto

FEBRUARY 19, 2021

Nearly half of the 200 decision-makers surveyed in a recent logistics study fully agree that supply chain transparency is essential for managing and mitigating risks. Despite these challenging realities, only about a third of surveyed Germany companies are using digital supply chain solutions. Communication via the Telephone.

Supply Chain Software 52

Supply Chain Software Supply Chain Technology Optimization Software Supply Chains 52