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Most companies are wasting a good portion of what they spend on print marketing materials. In one survey, marketers reported spending an average of 20% of their budget on print materials. They also admitted that 25% of their marketing literature is never used. That’s at least 5% of the budget that just went up in smoke.
In a survey we conducted in October 2020, 91% of our Indago supply chain research community members, who are all supply chain executives from manufacturing, retail, and distribution companies, either Agreed or Strongly Agreed that the time had come to transform the traditional transportation procurement process.
These are the companies and leaders that aren’t letting a good downturn go to waste. Let’s not waste it. The post Savvy Supply Chain Leaders Aren’t Letting a Good Downturn Go to Waste appeared first on Logistics Viewpoints. 17% went bankrupt, went private, or were acquired. He lives in Chicago.
A recent survey of 200 supply chain management professionals across companies with 500+ employees, conducted by Edelman Intelligence, has found market insights, confidence levels and trends for this peak season and beyond. Even with that in mind, 85% of those surveyed have a positive view of how their revenue will look in the next year.
Recruitment AI technology uncovers the most qualified candidates. This technology automates recruiting routines and facilitates natural conversations, resulting in higher productivity and a better candidate experience. Download the eBook to learn more!
Based on an annual survey of the National Retail Federation released in January 2025, American consumers are expected to spend a record $27.5 These are some of the reasons that logistics companies are investing in real-time shipment tracking, and sustainable packaging solutions to minimize waste and maximize efficiency.
Companies are investing more money into sustainability initiatives, seeking to reduce waste and carbon emissions. More recently, we have seen a push towards building a circular supply chain to eliminate waste and build a continual use of resources. The Sustainable Supply Chain. Supply chain sustainability takes on a lot of forms.
A recent ARC survey looked at reasons to address sustainability. This survey included over 400 respondents across a number of industries. This is especially true when looking at route optimization, asset utilization, real-time visibility, energy savings, waste reduction, and efficiency.
So now we know what a blog is but why is manufacturing blogging a great idea and not a waste of time: To Help People. Google 'percent of B2B purchases that start with a search' and you'll see many studies showing that the number is somewhere around 66% to 93%, and many of these surveys are a year or two old.
Yet, peak season does seem to be less stressful than last year, and a recent survey of 200 supply chain management professionals across companies with 500+ employees, conducted by Edelman Intelligence, has found some surprising facts about the coming peak season. Supply Chain Confidence Remains Strong Despite Slight Setbacks .
Oracle’s recent global survey, No Planet B: How Can Businesses and Technology Help Save the World? Reduce waste and lower your costs by monitoring the condition of goods in transit to reduce spoilage. There’s no time to waste. But the challenge of figuring out where to begin leaves business leaders stuck at the starting line.
In MIT’s State of Supply Chain Sustainability 2021 , 80% of executives surveyed said the pandemic either had no impact on their commitment or increased it. After all, what’s the point of installing solar panels only to waste the greener energy produced? Buffering creates waste. Proper disposal can cause downstream issues.
At the same time, their customers – primarily the manufacturers and retailers – are wasting no time urging their 3PL logistic providers to integrate these technologies into their service. of those surveyed have comprehensive knowledge and know-how and plan to provide the services, 1.5% 3D Printing. However, only 1.5%
In addition to satisfying conscientious consumer demand, eco-friendly efforts can benefit your ecommerce business by reducing waste within your company and improving operational efficiencies. Another survey found that 73% of global consumers would “definitely” or “probably” change their buying behavior to reduce environmental impact.
The results, based on a representative survey among more than 200 companies, shed unparalleled insight into key challenges in the industry, as well as best practices to improve supply chain performance and operation. That waste – not to mention the resources used to replace it – adds up fast. Rethink Partnerships.
Today’s article is the fourth part in a series featuring surveys from APQC on supply chain topics including environmental sustainability , last mile , and digital transformation. Survey respondents were asked to identify the top three challenges they face in implementing ESG into their supply chain.
This survey-based research gathers quantitative data as well as information on practices or performance drivers. This survey focuses on the current state of key practices in last mile logistics, spread across multiple industries and over 1,100 respondents. This means not having extra capacity that is going to waste.
According to a global survey of 600 supply chain management executives conducted by Blue Yonder, almost half of the participants (48 percent) invested capital in this area. In order to make their supply chains more resilient, companies invested more in sustainability in 2023.
Businesses can gather insights through surveys, reviews, and social media interactions. Adopting recyclable or biodegradable packaging can help reduce waste and align with consumers’ environmental values. This flexibility minimizes delays and enhances customer satisfaction. Companies must consider their packaging materials as well.
Today’s article is the third part in a series featuring surveys from APQC on supply chain topics including last mile and digital transformation. Many companies have seen both the inefficiencies of their packaging, as well as the wastefulness, and taken this as a direct challenge for major improvements. Per our survey, 64.2
Though corporations are starting to pay attention to supply chain sustainability, less than half of those surveyed in the CSCMP report know how to make their processes more sustainable. More than 45 percent of respondents said they were under pressure to adopt supply chain sustainability practices. In the U.S.,
Seventy percent of supply chain leaders are planning to invest in the circular economy in the next 18 months, according to a recent survey by global research firm, Gartner. Those business models encourage continuous reuse of materials to minimize waste and the demand for additional natural resource consumption.
Recent market insights found the following: “According to a latest global shipper survey, 75% of shippers who use LCL plan to continue or increase it in 2023. Shippers can move only the inventory they need to meet demand instead of wasting unnecessary time filling a 40-foot container. Diversify the shipping portfolio.
As of 2023, the fashion industry produced a staggering 97 million tons of waste annually, including 18 million tons of leftover textiles, 2.5 million tons of chemical waste, and 3 million tons of packaging materials.
A 2023 survey by McKinsey reported that 79 percent of all respondents had at least some exposure to gen AI, either for work or outside of work. By analyzing real-time data from sensors and cameras, quality issues can be detected early in the production process, reducing waste and improving product quality.
Customer demands are a significant contributor to the added complexity, cost and waste, that retailers are seeing in their supply chains. – Increased waste. – 42% of supply chain decision makers find ‘reduction in waste’ very challenging. . Are Retailers Waking up to the Supply Chain Visibility Imperative?
The company disclosed the total of single-use plastic across global operations for the first time in 2022 after investors sought more details on plans to reduce waste. Of the 12 daily problems drivers – both men and woman — highlighted in the ATRI’s survey, women dealt with 11 of them more frequently than men.
Ikea halves production food waste saving over 20 million meals. According to the survey, half of grocery customers surveyed said they would choose next day delivery or longer if they could pay even lower pickup fees. EU proposes supply chain emergency powers, spooking business.
By making the effort to make sure your employees’ efforts don’t go unrecognized, you foster an environment in which your team knows their hard work isn’t wasted. Using employee surveys and scorecards is common practice for companies who successfully build a positive company culture.
Nearly 60 percent of those surveyed reported waiting for longer than two hours on each load. This is in line with data collected by a DAT solutions survey showing that 63 percent of drivers say they spend more than three hours waiting when loading and unloading. hours are spent on the road while the rest is wasted on detention.
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. The pandemic made that impossible.
Customer demands are a significant contributor to the added complexity, cost and waste, that retailers are seeing in their supply chains. The post Visibility & Fulfilment Survey Results – Logistics Business® Magazine appeared first on 24/7 Customs Broker News.
According to a survey by ARC Advisory Group, only 10% of industrial companies are ready to apply artificial intelligence/machine learning. The risks associated with chemical manufacturing include the storage and transportation of raw materials, finished products, and waste. Chemical companies are extremely safety conscious.
The future of procurement is soley focused on cutting out wastes, better vetting, scale, and increase customer satisfaction and work flow thru improved communications. This is also true or understanding the flow of incoming goods at it relates to better timing on reorders as well as how procurement fits into the entire supply chain picture.
This will also ensure less time being wasted fixing mistakes resulting from incomplete data. Paper-based methods are more difficult to fix when it comes to issues of invalid data because changing forms can be expensive, wasteful and the more widespread the company is, the harder it is to change. Solution: REAL TIME DATA.
Care for the environment: Businesses have a responsibility to cut back on carbon emissions, dispose of waste in a non-polluting way, and support environmental care programmes. A Reputation Institute survey found that 91.4% By contrast, those with a poor CSR reputation are generally shunned. A commitment to CSR pays off.
Census Bureau, 2024 % of Importers Facing Cost Spikes 70% Dedola Internal Survey Average Tariff Rate on Chinese Goods 145% CNBC, April 11, 2025 1. Metric Value Source/Estimate Global Trade Volume (Goods) $25 trillion WTO Estimate, 2024 U.S. Imports from China (2024) $450 billion U.S.
Manufacturing and reuse of wooden pallets increased significantly according to the most recent survey commissioned by the Timber Packaging & Pallet Confederation (TIMCON) and the research arm of the Forestry Commission, Forest Research. million in 2021, up 8.3 per cent from 44.9m the previous year. pallets, up from 15.6m
Surveys show that up to half of consumers rate grossly oversized packages among the things they really don’t like about Internet shopping. And if you don’t believe surveys, just look on social media. Actually finding the lipstick or the printer cartridge in a mountain of void-fill is a challenge – is there anything in this box at all?
Additionally, using a mobile survey, retailers can capture net promoter scores at the point of delivery, which increases survey completion significantly. While customers receive updates on their delivery status, retailers are able to upsell and cross-sell during the delivery based on what the customer has ordered.
Indeed, according to the 2020 IoT World Today IoT Adoption Survey, 51% of respondents said the virus spurred the need for new digital initiatives. Carter said that autonomous machines and robotics can help minimize the waste and excess footprint associated with logistics. Data-Driven Strategies Become Core Value Proposition.
Census Bureau, 2024 % of Importers Facing Cost Spikes ~70% Dedola Internal Survey Average Tariff Rate on Chinese Goods 145% CNBC, April 11, 2025 1. Metric Value Source/Estimate Global Trade Volume (Goods) $25 trillion WTO Estimate, 2024 U.S. Imports from China (2024) $450 billion U.S.
As cities and urban areas become more crowded, waste management has become a major issue. This is especially true in apartment complexes, where tenants generate a lot of waste on a daily basis. For one, it makes waste management more convenient for tenants. What Are the Benefits of Valet Trash? FAQs What Is Valet Trash Service?
Let’s face it, unhappy customers + wasted resources + money spent on trying to retroactively solve the issue = bad for business. Visibility shortages were one of the biggest concerns in Deloitte’s 2013 Global Supply Chain Risk Survey for good reason. Better Traceability Reduces Risks.
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