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Jim Bierfeldt and Joe Lynch discuss the logistics buyers survey created by Jim and his team at Logistics Marketing Advisors. His expertise includes strategic planning, brand positioning, advertising, public relations, website strategy and design, and development of white papers, case studies and other content. About Jim Bierfeldt.
Below is an excerpt from a report published recently by Amber Road and the American Association of Exporters and Importers (AAEI) titled “ The Trade Trends Report: 2017 Report on Sourcing, Trade, and e-commerce.” The findings were derived from an online survey of 250 executives at leading U.S.
Our annual survey reveals that logistics is no longer just a cost of doing business. Today, it’s the source of strategic innovation and an essential part of how organizations are competing and preparing for an unpredictable tomorrow.
Port Everglades’ landside operations resumed Thursday morning and waterside operations are expected to resume Thursday, pending channel and berth damage surveys. A major general merchandise retailer we work with has delayed all non-perishable inbound freight into Tampa for a week,” Byrne told Sourcing Journal.
His primary research stream examines firms’ logistics operations, with an emphasis on studying motor carrier safety, productivity, pricing dynamics, and driver turnover. He was recognized as the undergraduate faculty member who had the greatest impact on students based on the 2017 graduating senior survey. Supplier development.
Many factors need to align for an organization to be able to source materials, produce a product and put it in the hands of customers. Of the professionals surveyed, 59% saw the gap between procurement/sourcing and supply chain to be a major disconnect, and the most pressing pain point.
Our 2018- 2019 Network Design Survey showed that the majority of organizations are still relying on spreadsheets (nearly 60%) and gut feel (15%) to make network design decisions. Another use case we see for scenario modeling in the current context is evaluating new sourcing locations. Read on for common use cases. .
At the close of 2016, the 21 st Annual Third-Party Logistics Study found the overall use of third-party logistics providers ( 3PLs ) is increasing, but the types of logistics services utilized indicate the industry is entering a shift in how it operates. 3PLs and Shippers Report Positive Partnership Outcomes. percent.
In late 2023, Descartes conducted a survey of 1,000 supply chain and logistics decision-makers across North America and Europe across three sectors: manufacturing, distribution and retail; carriers; and logistics services providers. The study also provided insight into what companies are doing to address it.
And according to a recent survey by Kenco, 94% of survey respondents feel that it’s important for their 3PL provider to have a competency in technology and innovation, and more than half expect their 3PL provider to be investing in innovative technologies (another 32% want to co-invest). Kristi Montgomery, VP of innovation, Kenco.
In fact, two-thirds of the companies we surveyed characterized their omni-channel fulfillment performance (relative to peers in their industry) as average or below, with 30 percent characterizing it as below average. Source: Omni-Channel Logistics Leaders: 5 Key Insights to Improve Inventory Performance for 2019.
The 2024 Third-Party Logistics Studysurvey is now live and is seeking input from supply chain professionals. The study is a collaboration between Penske Logistics , NTT Data Services and supply chain professor Dr. John Langley. All prior studies can be accessed at no cost at www.3PLStudy.com. It will close on June 30.
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. In a recent Forrester study, they found the problem to be poor quality data.
Mr. Daniels reports they have 870 employees, so based on a market study recently completed by ARC, this claim is credible. Additionally, they are tracking 5 billion pounds of goods back to their original source to ensure a wide variety of compliance standards are met. First, it is done through surveys.
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.
Glenn Taylor | Sourcing Journal November 02, 2023 In an improving sign for the retail supply chain, the majority of shippers surveyed by third-party logistics (3PL) provider BlueGrace Logistics—64.4 or Mexico in 2023, according to a recent survey from software technology vendor Capterra. This is a slight jump from 61.7
According to a survey by ARC Advisory Group, only 10% of industrial companies are ready to apply artificial intelligence/machine learning. ARC has been actively studying industrial AI for over two years. trillion records from 47 data sources in the Cognite platform. Celanese is an exception. Industrial data is voluminous.
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: As in a number of the studies we’ve explored here, technology played a large part in solving Sunsweet’s problems. Sunsweet Growers.
In fact, two-thirds of the companies surveyed characterized their omni-channel fulfillment performance (relative to peers in their industry) as average or below, with 30 percent characterizing it as below average. Source: “Omni-Channel Logistics Leaders: Top 5 Inventory Insights,” Adelante SCM & LEGACY SCS.
Zebra Technologies Corporation has announced the results of its ‘Food Safety Supply Chain Vision Study’ The study highlights the views of consumers as well as food and beverage industry decision-makers worldwide from distribution and warehouses to grocery stores and restaurants around safety, traceability and transparency.
Now in its ninth year, E2open’s 2019 Forecasting and Inventory Benchmark Study is the most consistent, comprehensive and useful study of its kind. What’s more, the data from this study doesn’t come from surveys and questionnaires, it is sourced from real data from E2open’s diverse customer base.
The company sources goods from 34,000 suppliers out of 30 nations. Their associate engagement survey allows Ferguson to understand the driver’s impacting engagement across their 31,000 employees. The survey focuses on four engagement questions on advocacy, pride, satisfaction and commitment. Conclusion.
survey , 57% of manufacturing CFOs agree that proficiency and knowledge to create an effective plan to operationalize and transition the business into a digitalized and automated manufacturer is the most critical factor globally. The modern CFO. According to the 2021 SYSPRO CFO 4.0 According to the 2021 SYSPRO CFO 4.0 The SYSPRO CFO 4.0
Descartes Systems Group (Nasdaq:DSGX) (TSX:DSG), a global leader in uniting logistics-intensive businesses in commerce, released the results of its 8th Annual Global Transportation Management Benchmark Survey of over 630 companies. Descartes and SAPIO Research surveyed 630 participants representing the logistics community (i.e.,
Enter The Future of Procurement , an Oxford Economics study. Over 1,000 CPOs, VPS, directors, category managers, sourcing managers, buyers, and other procurement professionals from around the world participated in the survey—a mighty feat of collective future-gazing. Source Digitalist Magazine. And now it’s your turn.
Before the pandemic, in a study of logistics providers conducted by Fraunhofer IML, among those embarking on digitalization initiatives, only 25% of logistics providers in the Fraunhofer IML survey are leveraging digital technologies to think outside the box and reinvent their foundational delivery model.
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. Source: Descartes & SAPIO Research. Source: Descartes & SAPIO Research. Source: Descartes & SAPIO Research.
This tech-savvy group can be a great source of new ideas and innovative solutions for managing the supply chain of the future. Source: SCM World. 30% of respondents in an APICS survey stated lack of knowledge transfer or training was a key challenge, among the top 5. Having a strong sense of purpose is also important.
Sure, we can talk endlessly about our warehouse automation and cool robotics , outstanding service , or award-winning warehouse management system , but that’s not nearly as believable as our case studies and customer testimonials. In 2022, TikTok surpassed Google as a primary source of information for Gen Z. Low-cut jeans come to mind.)
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. While studies show that consumers want sustainable products, only 5%-10% will actually pay a price differential for that,” Sheffi says.
Source: BluJay Solutions. The interviews are a follow up to a research study I conducted this spring on behalf of BluJay focused on customer experience and supply chain innovation. The interviews are a follow up to a research study I conducted this spring on behalf of BluJay focused on customer experience and supply chain innovation.
Descartes Systems Group has released findings from its study What Are Companies Doing to Survive the Supply Chain and Logistics Workforce Challenge? To help drive productivity gains for labor workers, the top technology choices in the study were delivery route optimization (54%) and driver mobile productivity (45%) solutions.
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. In a 2018 survey by GEODIS, only 6% of supply chain professionals worldwide believed their companies had achieved supply chain visibility ?
SYSPRO ’s 2020 survey, The Inflection Point for the Factory of the Future , showed that only about one-third (38%) of manufacturers’ business systems had enabled them to meet the challenges posed by the COVID-19 pandemic. Similarly, a 2021 study from McKinsey showed that just 19% of companies that had adopted Industry 4.0
Heavily relying on a single sourcing location can leave businesses vulnerable to disruptions, whether they are geopolitical, environmental, or economic. Trade wars, local conflicts and potential health emergencies highlight the vulnerability of supply chains that are heavily dependent on a single source.
A study by Wharton Business School found that this group is mainly interested in supporting brands that are ethical, caring and strive to do the right thing. Content Summary: The company purchases renewable energy certificates to match its non-renewable energy use and it funds renewable energy production from sources like wind and solar.
In one example, an employee of Varda, a SpaceX-like company, began to publicly attempt to replicate the study and had over 10,000 people tuning in to watch a live stream of rocks in a furnace. Download the full survey results View results Data and Charts It’s still early days. Entire industries will reorient around it.
A GT Nexus study found 75 percent of respondents describe digital transformation of the supply chain as “important.”. That same study found only 5 percent of those surveyed were very satisfied with their digital progress so far. The good news is executives are aware of the importance of digital transformation.
Our 2018- 2019 Network Design Survey showed that the majority of organizations are still relying on spreadsheets (nearly 60%) and gut feel (15%) to make network design decisions. Another use case we see for scenario modeling in the current context is evaluating new sourcing locations. Read on for common use cases. .
European pallet and packaging manufacturers are repairing more wooden pallets for reuse than ever, according to a survey by European Federation of Wooden Pallet & Packaging Manufacturers (FEFPEB). million pallets were repaired in 2019, an increase of 25% on the previous survey carried out three years earlier.
According to the findings from the “26th Annual Study of Logistics and Transportation Trends (Masters of Logistics)”, more companies are beginning to understand that new business models and new competition in the field are changing customer expectations. and 30.9%, respectively,” says Logistics Management. The Structure of Service.
A McKinsey study found that 90% of supply chain leaders expected to transform their planning systems. A survey by boom! As two leading supply chain experts, Nada Sanders and Morgan Swink, found when they studied supply chain digital transformation , organizational issues were the biggest obstacles to success.
The Cost of Supply Chain Disruptions Recent studies, including one conducted by Accenture , have highlighted the staggering costs associated with supply chain disruptions. The Deloitte Global Survey of over 1,000 supply chain executives found that those employing clear response metrics were 3.4
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. The study found that these leaders considered the largest gap to be between supply chain and procurement, citing it as a major issue.
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