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Jim Bierfeldt and Joe Lynch discuss the logistics buyers survey created by Jim and his team at Logistics Marketing Advisors. He ran marketing for a large 3PL before launching his own marketing agency, Logistics Marketing Advisors, which focuses exclusively on providing marketing strategy and services to logistics businesses.
He ran marketing for a large 3PL before launching his own marketing agency, Logistics Marketing Advisors, which focuses exclusively on providing marketing strategy and services to logistics businesses. LMA’s approach recognizes that logistics services today are BOUGHT, not sold.
According to a global study, 2017 Sustainable Procurement Barometer, conducted by EcoVadis and HEC, 97% of the surveyed supply chain professionals from a total of 120 companies regard sustainable procurement as highly important. Global think tanks and analysts expect upcoming trends towards companies being pressured […].
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.
Amid this perfect storm of disruption, GEP and the North Carolina State University (NCSU) Supply Chain Resource Cooperative surveyed supply chain, procurement and IT professionals across a range of industries to gain insight into their priorities and strategies regarding supply chain resilience and optimization.
In fact, a study by LinkedIn found that 70% of employees would not work at a leading company if it meant they had to tolerate a bad workplace culture. Survey your users to avoid unseen pitfalls and make sure you’re actually purchasing a solution that provides a good user experience. Technology’s role in helping employees thrive.
A new study released today by the Global E-Commerce Leaders Forum ( GELF) highlights growth and distribution strategies brands and retailers should implement to optimize international e-commerce operations now and in the future. The results address several core decisions that are driving the evolution of organizations today: .
This post is from a press release sent to us regarding the recent survey of the 3PL industry. This survey continues to point towards the success 3PLs are having for their clients. Survey Points to Continued Success of Shippers and the 3PL Industry. No matter what type of 3PL there is, each brings value to their customers.
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.
In late 2023, we 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. According to the survey, 55% of respondents indicated that positions for knowledge workers (e.g.,
Last week, Dotcom Distribution launched their annual eCommerce study. They surveyed over 1,400 online shoppers to analyze their habits, preferences and expectations. 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.
As a pioneer in warehouse technology and the development of solutions that empower warehouse workers, Lucas Systems recently commissioned a research study and developed the first Voice of the Warehouse Worker Insights. More market study insights can be found here. **. Contrary to some storylines, robots are friends, not foes.
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.
reveals that the 900 supply chain executives surveyed were more likely to say that they see their function in two years as a cost efficiency driver (60%) or a support function (68%) than as a competitive differentiator (48%) or a growth enabler (53%) within their organizations, which can leave significant value on the table.
That’s exactly what the recent study “Retailers: Sustainability is Not a Challenge, It’s an Opportunity” concluded. Conducted by Descartes and SAPIO Research, the studysurveyed over 8,000 consumers in North America and Europe for their perspectives on retailers’ sustainability practices around delivery operations.
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: a true make-to-order scenario.
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.
According to 3PL Selection and Contracting Survey conducted by EFT , over 40% of the manufacturers and retailers questioned expect their 3PL providers to have some knowledge/expertise on 3D printing. The EFT study revealed that 19.2% The EFT study revealed that 19.2% The study found that only 1.5% However, only 1.5%
According to various studies, there is value to enhancing the customer experience: Companies with a customer experience mindset drive revenue 4-8% higher than the rest of their industries. Adapting to different scenarios, strategies, and technologies can help approach your business growth strategically. Prepare to Adapt.
We recently surveyed CFOs and finance executives in the manufacturing and distribution sectors to study how the pandemic has impacted their businesses. Managing cash flow and margins remains a key objective for US finance leaders, based on our survey in 2020, 2021 and now into 2022. 3. Improving visibility into performance.
Cassidy | JOC.com September 25, 2023 US shippers uncertain about sales and order volumes this holiday season are likely to increase less-than-truckload (LTL) shipments despite lower truckload rates, data from an industry survey suggests. Everyone is sitting on a tremendous amount of inventory,” Lockard said. 31 earnings call.
In most companies, supply chain leaders are considered executors of innovation strategies, focused on optimizing costs and improving operational efficiencies once such strategies have already been determined.”. Note: This article originally appeared on the University of Tennessee Knoxville website.
Crafting an integrated supply chain strategy that helps retailers deliver on their promise and keep prices competitive is at the heart of this challenge. Ninety-six percent of Americans have made at least one online purchase and 51% of those surveyed say they prefer to shop online. Consumers are deciding when, where, and how they shop.
She says it’s going to study the latest marketplace trends, come up with strategies to tackle fraud within brokerage operations and work on short, medium, and long-term legislative and regulatory solutions. Anne Reinke, the President & CEO of TIA, is placing her bets on the Fraud Task Force.
According to a study conducted by Harvard Business Review, 73% of retail shoppers use multiple channels to shop. Another study by Retail Dive found that the average engagement rate of marketing campaigns using three or more channels was 18.96% (that’s the average across all channels!) What is a Multichannel Sales Strategy?
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.
Driver shortage is a major concern for companies striving to improve the performance of their fleet, according to a 2018 global benchmark study , conducted by Descartes, that surveys fleet managers from a wide array of industries and logistics providers. Key Trends Driving Change. The Financial Link. Technology Boost.
As your company has most likely experienced, the weather is a huge influencer in a supply chain’s strategy, performance, and bottom line. According to the study, 47 percent of the surveyed supply chain professionals cited weather as “one of the top three factors external to their business that drives consumer demand.”
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. Fifty-two percent of respondents are working on individual digital projects but lack an overarching strategy that links all these efforts.
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.
Supply chain professionals aren’t getting the cost information that they need according to a recent survey from APICS and the Institute of Management Accountants. In the study, " Working Together to Enhance Supply Chain Managment with Better Costing Practices.
The study underscores the urgent need for organizations to enhance their supply chain resilience through advanced analytics, technology-driven insights, and strategic planning to navigate evolving tariffs, trade policies, and market dynamics.
Why is it that some companies get so much more business value from their transportation management strategies, tactics, and technology than everyone else? For five years, we have conducted the Global Transportation Management Benchmark Survey to help answer this essential question.
76% of the 121 surveyed specialists and executives find in-plant transport jobs relevant or very relevant to the overall success of the company,” says Torsten Inkmann, Director of Industrial Logistics at INFORM. of the surveyed companies. Nevertheless, the study shows that many digitisation projects are still in their infancy.
A recent online survey conducted b y MIT’s Center for Transportation & Logistics aimed to understand how companies are reacting to the Coronavirus outbreak. The study include d firms in the retail, manufacturing and distribution verticals.
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. Out of the 31.3 Where do the ideas come from?
According to a survey by Deloitte from 2014, 79 % of companies with high-performing supply chains achieve revenue growth superior to the average within their industries. Supply Chain Strategy. In 2014, a survey by Tompkins Consortium delivered a shocking revelation. Mini Case Study: Walmart.
According to a survey by Deloitte from 2014, 79 % of companies with high-performing supply chains achieve revenue growth superior to the average within their industries. Supply Chain Strategy. In 2014, a survey by Tompkins Consortium delivered a shocking revelation. Mini Case Study: Walmart.
When considering their last mile strategy this peak season, retailers should also take note of the growing interest in the environmental impact of home delivery, especially among younger consumers.
And more promising news: 76 percent of female 18- to 26-year-olds have a favorable impression of professional driving, according to a recent nationwide study by the Adcom Group, a marketing and communications firm. Ultimately, driver pay needs to be at least $75,000 to reduce turnover, according to 80 percent of recruiters surveyed.
A recent report says that more than 77% of companies said, in a survey, that they are investing in deeper and more collaborative supplier relationships to improve resilience and agility. Configure to Order: This strategy involves customizing standard products based on customer specifications.
You can take this short survey (10 multiple choice questions) by clicking here or the link below. Take the survey. Centersource’s research report will study the market in granular detail, identifying what directions and strategies businesses take to navigate their supply chains in times of uncertainties.
Logistics Faces Mixed Outlook for Q1 2025, Index reveals Show Submenu Resources The Logistics Blog® Newsroom Whitepaper Case Study Webinars Indexes Search Search BlueGrace Logistics - November 15, 2024 Jeff Berman | Logistics Management November 15, 2024 The new edition of the BlueGrace Logistics Confidence Index, recently issued by Tampa, Fla.-based,
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