article thumbnail

Consumer Goods: A Formula for Service, Speed, & Brand Success

Logility

The consumer goods industry may have experienced tremendous growth, but figuring out what consumers want is an ever-evolving puzzle. From where they shop and how frequently they buy to what price points entice them, consumer behaviors have been challenging to predict over the past year.

article thumbnail

Freight Procurement is a Different Game

Logistics Viewpoints

Procuring transportation for freight is much different than any other procurement category. Transportation procurement needs to support both customer service and a company’s internal supply chain goals. One master of freight procurement is Kyle Masters. Procurement ran a request for proposal event.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Procurement vs. Purchasing: What’s the Difference?

Logistics Bureau

The best way to understand the difference between procurement and purchasing in a business is to consider the process involved in buying a car, says Logistics Bureau’s procurement specialist, Trent Morris. Procurement First, Purchasing Follows. The Link between Procurement and Purchasing.

article thumbnail

Walmart Lowers their Shipping Requirements, but their Suppliers Still Struggle

Logistics Viewpoints

Walmart is not the only big retailer with OTIF requirements, but as the world’s largest retailer, and a company with stringent requirements , Walmart’s OTIF requirements are top of mind for consumer goods companies. The fines, Uber Freight reports, vary by the costs of the products being sold to Walmart.

Shipping 243
article thumbnail

This Week in Logistics News (October 1 – 7)

Logistics Viewpoints

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. Most reported in-store, e-commerce, and omni-channel fraud are all on the rise.

article thumbnail

This Week in Logistics News (May 27 – June 2)

Logistics Viewpoints

And now on to this week’s logistics news. Walmart added new functionality that lets sellers purchase shipping labels for domestic orders on its marketplace. Sellers can only purchase a shipping label through Walmart for orders that are in an unshipped status, it noted. manufacturers re-evaluating their reliance on China.

article thumbnail

Report from Food Marketing Institute Highlights CPG Logistics Challenges

Zipline Logistics

The past 12 months have been a year unlike any other for suppliers and providers in the CPG logistics world. According to data from the Consumer Brands Association (CBA), CPG sales in 2020 grew by 9.4% COVID’s Effects on CPG Logistics . Since the first quarter of 2020, CPG logistics costs have risen by 37% to an average of $1.71