The Logistics & Supply Chain Management Society

FEBRUARY 15, 2021

Manufacturers can gather valuable granular data such as the time an item spent in storage, at what temperature, how long it took to sell, the length of time between purchase and fulfillment and how long it spent in transport. Advanced and predictive analytics. Artificial Intelligence AND Machine Learning.

Supply Chain Planning Software 298

Supply Chain Planning Software Supply Chain Software Prescriptive Analytics Software Predictive Analytics Software 298

Enterra Insights

OCTOBER 22, 2021

The bane of e-commerce is the large percentage of purchased items that are returned. As noted in the initial installment of this article, Elise Dopson reports, “Data suggests that 20% of online-bought products are returned, compared to just 9% of items bought in a brick-and-mortar store.”[1] Making the Best of a Growing Challenge.

Waste Reduction 130

Waste Reduction Cost Reduction Strategies Reverse Logistics Eliminating Excel in Purchasing 130

ToolsGroup

AUGUST 1, 2022

Retail returns occur when a customer returns the purchased items to a seller in exchange for a refund, store credit, or a similar product. Returns come with plenty of challenges around logistics, inventory, and predicting volatile sales trends. 83% of consumers with a household income of over $100,000 report that returns are important.

Retail 296

Retail Optimal Sourcing Purchasing Skills Procurement Solutions 296

Enterra Insights

MAY 24, 2021

According to Collins English Dictionary , to “change face” means “to rotate the telescope of a surveying instrument through 180° horizontally and vertically, taking a second sighting of the same object in order to reduce error.” Consumer delivery model. Shipping and delivery to consumers. They are: 1.

Retail 130

Retail Modeling Supply Chain Planning Software Modeling Software 130

Logistics Viewpoints

OCTOBER 7, 2022

Earlier this week, I read a sobering report from the national Retail Federation (NRF) regarding shrink. The recently released National Retail Security Survey shows that total shrink in 2021 reported by retailers is now almost a $100 billion problem. Retailers face security-related challenges on many fronts.

Logistics Network Optimization Software 187

Logistics Network Optimization Software Real Estate New York Logistics 187

GlobalTranz

APRIL 6, 2021

If your company’s supply chain survived 2020 and the disruptions of early 2021, it’s safe to say it has passed the resiliency test. For example, hand sanitizer sales spiked 313% during one week in February 2020, according to reports from Nielsen. online, which contributed to overwhelmed parcel shipping networks. .

Supply Chain Planning Software 189

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Supply Chain 189

Enterra Insights

JANUARY 14, 2022

Michael Baudendistel ( @FWavesRail ), an analyst and Market Expert at FreightWaves, reports, “There were some interesting, if perhaps intuitive, highlights from the latest University of Michigan Surveys of Consumers. Taking the Digital Path to Purchase. ”[3]. Stable Consumer Behaviors.

Manufacturing Procurement 130

Manufacturing Procurement Supply Chain Planning Software Packaging Supply and Demand 130

Enterra Insights

OCTOBER 21, 2021

Often, retailers consider a product’s supply chain to be complete the moment that it is purchased or received by a consumer. Because the digital path to purchase can easily be abandoned, retailers understand that a good returns policy can be a competitive differentiator. But this isn’t always the case. ”[3]. ”[3].

Reverse Logistics 130

Reverse Logistics Cost Reduction Strategies Material Savings Manufacturing Procurement 130

ToolsGroup

AUGUST 12, 2022

With Google reporting that omnichannel shoppers have a lifetime value that is 30% higher than those who only shop via one channel, getting your omnichannel strategy right is critical to creating a customer experience that drives profitability. . Buying products in-store, then having them shipped to their homes.

Omnichannel 156

Omnichannel Optimal Sourcing Supply Chain Planning Software Inventory Reduction 156

ToolsGroup

FEBRUARY 9, 2022

While some orders still delight, a few recent purchases have left me faltering when it comes to your customer experience. While 2021 holiday shopping showed consumers willing to pay higher prices, one of 2022’s top retail trends includes impeding inflation – meaning many consumers will now be on the lookout for price increases.

Purchasing Skills 296

Purchasing Skills Price Reduction Retail Supply Chain Planning Software 296

ToolsGroup

FEBRUARY 7, 2022

As 2021’s holiday shopping statistics proved, pandemic or not, consumers are willing to spend. (My Love it or hate it, daily necessities need to be purchased. When looking at global online sales, Salesforce reports 57% digital growth in 2020, and 16% growth in 2021, with eMarketer data predicting a continued increase through 2025.

Supply Chain Planning Software 177

Supply Chain Planning Software Trends Retail Forecasting Software 177

Zipline Logistics

DECEMBER 1, 2020

Since much of the previous year in business and elsewhere was defined by a global pandemic, we are left asking what will 2021 look like for food and beverage shippers. Here are some things to look out for in 2021. Plant-based protein will continue to be a popular choice for consumers in 2021. Personalized Diet Food Trends.

Food 52

Food Trends Manufacturing Procurement Procurement Analytics 52

Enterra Insights

OCTOBER 1, 2021

As anchor-woman Ashley Thompson ( @AshleyCBS46 ) reports, “A supply chain crisis is forcing shoppers to buy their holiday gifts earlier than usual.”[1] Typically, the peak shipping season is August, September, October, when the bulk of those products come in. ” This year may be different.

Retail 130

Retail Procurement Analytics Agile and Lean Supply Chain Demand Planning Software 130

Enterra Insights

MARCH 4, 2022

.”[1] An infographic prepared by the staff at Concentric reports, “[Nearly 80% of] CPG executives say the COVID-19 crisis will have a lasting impact on their customers’ needs”; however, “[less than a third of them] say their companies are well-equipped to address such changes.”[2] Joining the Data Revolution.

Packaging 130

Packaging Prescriptive Analytics Software Analytics Software Supply Chain Planning Software 130

Ware2Go

NOVEMBER 15, 2021

A distribution center (DC) or 3PL provides both storage and fulfillment and shipping services, but as the logistics industry evolves to meet merchants’ needs, the lines between a warehouse and a distribution center are much less distinct. Pick, Pack, and Ship Warehousing Services.

Warehousing 105

Warehousing Negotiating Skills Inventory Reduction Supply Chain Network Software 105

Enterra Insights

APRIL 13, 2023

Although the economy has proved remarkably resilient, there are so many unknowns at play that no one can predict what future economic conditions might be. Having said that, few if any economists are predicting a bright, short-term future. She explains, “There are signs that shoppers may be running out of gas. .”[2]

Retail 130

Retail Price Reduction Supply Chain Planning Software ToolsGroup 130

Enterra Insights

OCTOBER 26, 2021

In the age of e-commerce, the digital path to purchase has a side trail called “Returns.” ” Journalist Suzanne Kapner reports, “The share of online purchases that are returned averages 30% or higher, depending on the category, three times the rate in physical stores.”[1] ”[4]. to return fraud. ”[7].

Waste Reduction 130

Waste Reduction Reverse Logistics Inventory Reduction Cost Reduction Strategies 130

Enterra Insights

NOVEMBER 18, 2021

Job reports show that people are quitting their jobs in record numbers (aka the Great Resignation). According to Axios reporter Kate Marino, “[In September,] the rate of quits increased to its highest level ever, at 2.9% A survey of local chamber of commerce leaders by the U.S. Desperately.”[1] of the workforce.”[2]

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Supply Chain 130

Unleashed

JANUARY 13, 2022

The statistics here are drawn from data-based studies of SMEs in the UK and around the globe, including our 2021 Unleashed Manufacturing Report , which analyses over 70,000 data points on almost 400 UK manufacturers who use Unleashed inventory software day to day.

Manufacturing Procurement 98

Manufacturing Procurement Inventory Management Software Predictive Analytics Software Demand Planning Software 98

Logistics Viewpoints

FEBRUARY 8, 2022

If 2020 and if 2021 proved anything, it’s that the omni-channel selling environment is here to stay. As physical stores opened, shut down and re-opened again, consumers became more flexible in the way they shop for, and purchase, just about every product. of all e-commerce sales in the US during 2021.

Logistics Network Optimization Software 190

Logistics Network Optimization Software Optimal Sourcing Supply Chain Planning Software Modeling 190

Unleashed

FEBRUARY 15, 2021

From the continuing impact of the global pandemic to the ever-increasing importance of ‘transparency technology’ and sustainable practices, the food industry has its work cut out for it in 2021. So if you have a thirst for knowledge, here’s all you need to know about food industry trends for 2021. Consumer trends in food industry.

Food 93

Food Trends Industrial Industry 93

Zipline Logistics

APRIL 4, 2023

COVID-19 Ernst & Young LLP conducted a survey of 200 senior-level supply chain executives in late 2020 and 2022. The survey looked at topics including COVID-19 impact on supply chains, priorities in the coming years, and the path to digital supply chains. Read the full report here.

Freight 76

Freight Price Reduction Expense Reduction Cost Reduction Strategies 76

Enterra Insights

NOVEMBER 15, 2021

”[3] He adds: “ Analyzing the customer lifecycle allows you to better prepare your marketing, sales, and customer service teams to turn one-time purchasers into loyal promoters. Meanwhile, manufacturers have been passing along higher costs to the end consumer, who appears to be taking note and shifting their shopping behavior.”

Purchasing Skills 130

Purchasing Skills Supply Chain Design Software Procurement Solutions Price Reduction 130

Enterra Insights

NOVEMBER 21, 2023

Nevertheless, when candidates participating in the first Republican presidential debate were asked whether humans had contributed to climate change, journalist Neil Vigdor reports that the debate “quickly descended into personal attacks and obfuscation.”[1] ”[2] That limit is an average global temperature rise of 1.5

Government 130

Government Company Supply Chain Planning Software South Carolina 130

Ware2Go

APRIL 11, 2023

The return rate on ecommerce orders can be up to 35% higher than in-store purchases, and the method of return varies — from scheduled carrier pickups, to in-store returns, to dropoff centers. This likely does not account for the impact of reverse logistics. In 2022 alone, eCommerce returns generated 9.5 million cars to the road.

Examples 52

Examples Sustainability Purchasing Skills Retail 52

QAD

MAY 23, 2023

It’s easy to forget about where materials come from when you’re holding a product in your hand or looking for a supplier that can offer a great deal and reliable shipping, but many of those items come with ESG implications. The International Labor Organization reports that 27.6

Procurement Solutions 92

Procurement Solutions Supply Chain Planning Software Supplier Management Modeling Software 92

Unleashed

AUGUST 3, 2021

The growth in pet ownership in 2020-2021 has seen unprecedented demand in the pet food sector – a true industry boom. In 2021, sales in these categories are projected to grow?an pet owners survey ,?35% purchase in bulk, hoarding quantities?of New Zealand industry sources report that pet food suppliers sold?

Manufacturing Procurement 98

Manufacturing Procurement Food Inventory Management Software Manufacturing 98

Supply Chain Matters

MAY 3, 2022

The report authors noted that this index, when calculated without the impact of China would have posted a 53.2 The report specifically indicated: “ Average purchase prices rose to one of the greatest extents during the past 11 years, leading to the joint-steepest increase in output charges since the series began in October 2009.”. .

Manufacturing Procurement 52

Manufacturing Procurement China Purchasing Skills Supply Chain Planning 52

Ware2Go

OCTOBER 7, 2021

The 2021 holiday season’s supply chain disruptions have made headlines and attracted attention from merchants and consumers alike. What’s Causing the 2021 Warehouse Labor Shor tage. At first glance 2021’s supply chain problems may seem contradictory. Warehouse vacancy rates are at an all-time low.

Warehousing 52

Warehousing Negotiating Skills Purchasing Skills Forecasting 52

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 237

Supply Chain Planning Software Supply Chain Transformation Modeling Scenario Planning 237

Enterra Insights

OCTOBER 3, 2022

They report, “Retailers and customers are not feeling joyful after a year of supply chain backlogs and higher costs.”[1] Instead of starting their holiday shipping in September or in August, many of them stocked up their inventories in June and July.” ”[3] Supply chains that got an early start were smart.

Material Savings 130

Material Savings Inventory Reduction Retail Supply Chain Planning Software 130

CH Robinson Transportfolio

APRIL 29, 2021

While the industry has been undergoing a digital transformation for some time, the current environment is accelerating the need for supply chain leaders to invest in technology solutions like visibility, artificial intelligence (AI), and predictive analytics to drive better resilience, agility, and performance.

Real-time Visibility 44

Real-time Visibility Gartner Prescriptive Analytics Software Supply Chain Design Software 44

Ware2Go

FEBRUARY 22, 2022

While some merchants ship products directly from the manufacturer to buyers, most have a network of warehouses and/or distribution centers that act as an intermediary to house their products until they’re purchased. Higher storage costs: More inventory on the shelves equals more storage fees.

Supply Chain Network Software 52

Supply Chain Network Software Distribution Inventory Reduction Warehousing 52

ToolsGroup

OCTOBER 25, 2022

Many companies struggle with this; online out-of-stock notifications during the holiday season increased 256% from 2019 to 2021. In fact, thanks to low vacancy and occupier demand, warehousing property costs are rising worldwide, seeing an average increase of 8.4% across 52 global markets between June 2021 and June 2022.

Inventory Reduction 156

Inventory Reduction Inventory Optimal Sourcing Supply and Demand 156

Ware2Go

OCTOBER 12, 2021

However, as the industry standard for customer service and fast shipping guarantees, Amazon prioritizes order fulfillment in search algorithms and Buy Box placements. Sellers are responsible for preparing and shipping their inventory to Amazon’s warehouses according to FBA standards. Amazon FBA Storage Limits.

Inventory Reduction 52

Inventory Reduction Network Optimization Eliminating Excel in Purchasing Supply and Demand 52

Supply Chain Matters

NOVEMBER 15, 2022

Added reference is made to: “ … a steady worsening in recent months for purchasing manager indices that are tracking a range of G20 economies. These survey-based measures gauge the momentum of manufacturing and services activity.”. The posting further observes: “. The below figure depicts the slope toward contraction for the J.P.

Manufacturing Procurement 52

Manufacturing Procurement Indonesia Ukraine Forecasting 52

Ware2Go

APRIL 20, 2022

The return rate on ecommerce orders can be up to 35% higher than in-store purchases, and the method of return varies — from scheduled carrier pickups, to in-store returns, to dropoff centers. Ultimately, their ultra low-pressure drop systems have helped to reduce over 1,000 metric tonnes of carbon.

Sustainability 59

Sustainability Purchasing Skills Hawaii Procurement Analytics 59