Locus

JUNE 16, 2023

Say you purchase your coveted gadget online, eagerly tracking its journey from warehouse to your welcoming hands. Customer satisfaction and keeping costs in check rests on optimal last-mile delivery operations. In 2021, a wide range of major product categories saw online purchase returns, with rates varying from 8% to 88%.

Cost Reduction Strategies 98

Cost Reduction Strategies Expense Reduction Price Reduction Inventory Reduction 98

Locus

DECEMBER 22, 2021

Demand for last-mile delivery is soaring and is expected to grow by 78% globally by 2030.- The driver shortage in the US could surpass 160,000 in 2030 and it was estimated to be around 80,000 this 2021. The logistics of goods breaks down when there are no drivers, and the pandemic has given us glimpses of it.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Software Modeling 52

6 River Systems

DECEMBER 11, 2018

Implement supply chain actions, including with internal procurement teams, with suppliers and through broader collaboration, and develop measurable targets for these efforts. At the very least, they should see a message indicating that the products are out of stock before they make the purchase. This is just good customer service.

Inventory Reduction 75

Inventory Reduction Cost Reduction Strategies Resource Reduction Sourcing Strategies 75

Locus

SEPTEMBER 13, 2022

This figure is expected to climb up to a staggering number of 162,000 by 2030. Coupled with a rise in operational costs, hiring, training and managing drivers has become arduous for businesses. To build an in-house fleet, it is necessary to have enough capital to purchase or lease needed vehicles.

Retail 52

Retail Modeling Third Party Logistics Logistics Network Optimization Software 52

ShipBob

MAY 19, 2022

One of the trends fueling this growth is the Buy Now, Pay Later (BNPL) system, which enables shoppers to enjoy short-term financing for their ecommerce purchases. billion by 2030 with a compound annual growth rate of 9.5%. According to the latest reports, the global ecommerce market is currently worth over $13 trillion.

Global 52

Global Supply Chain Planning Software Negotiating Skills Supply Chain Network Software 52