GlobalTranz

OCTOBER 16, 2018

E-commerce is growing faster than ever, and more consumers are leveraging online platforms in making purchasing decisions. In fact, two-thirds of consumer shopping journeys include internet research, reports McKinsey & Company , as well as word-of-mouth recommendations and past experiences.

Logistics Network Optimization Software 161

Logistics Network Optimization Software Inventory Management Software Analytics Software Supply Chain Software 161

GlobalTranz

OCTOBER 2, 2018

Yet, as few as 33 percent of shippers have taken advantage of a transportation management system (TMS), reports Michael of Levans of Logistics Management. This is due to the higher rate of returns associated with e-commerce purchases. Going back to reverse logistics, consumers expect a hassle-free, cost-free returns process.

Logistics Network Optimization Software 198

Logistics Network Optimization Software Material Savings Vendor Strategies Cost Reduction Strategies 198

Unleashed

DECEMBER 6, 2021

With inventory management and other software features built for the wholesale environment, you’ll be able to work towards success in a number of ways: improved profit margins by holding a lean inventory, optimising inefficiencies to cut labour costs, better strategic decision making through data… the list goes on.

Inventory Management Software 98

Inventory Management Software Supply Chain Design Software Supply Chain Planning Software Analytics Software 98

Supply Chain Game Changer

SEPTEMBER 28, 2022

Historically Supply Chain was considered to include Procurement, Warehousing, Freight and Logistics. Supply Chain clearly influences Inventory levels and Inventory turnover. Procurement negotiates and sets the conditions for purchase of all goods and services, which by extension impacts cash flow.

Negotiating Skills 118

Negotiating Skills Negotiate Pricing Supply Chain Planning Software Supply Chain Strategy 118

Unleashed

APRIL 12, 2023

B2B fulfillment, also called business-to-business fulfillment, is when one business supplies inventory to another business or retailer, either to use within the business or for resale to their customers. Conversely, B2C order fulfillment offers rapid, low-cost, and often free, shipping. What is B2B fulfillment?

Supply Chain Planning Software 52

Supply Chain Planning Software Inventory Management Software Supply Chain Design Software Supply Chain Software 52

Unleashed

JANUARY 16, 2023

3PL providers are often equipped with the latest and greatest when it comes to inventory tools and software. Here is an example of the third-party logistics process in action: Products (or raw materials) are purchased from the manufacturer. The 3PL provider updates the new stock levels in their inventory management system.

Third Party Logistics 98

Third Party Logistics Logistics Network Optimization Software 3PL Inventory Management Software 98

Enterra Insights

SEPTEMBER 12, 2019

The staff at Legacy Supply Chain Services explains, “Consumers expect to find the products they want both in-store and online, to use technology to make purchases with the swipe of a finger and to have their purchase delivered to their doorstep the very next day. Lack of Inventory Visibility and Metrics.

Omnichannel 100

Omnichannel Logistics Network Optimization Software Retail Inventory Reduction 100

Enterra Insights

MAY 3, 2018

Consumers now take the digital path to purchase more often than not; but, they don’t care what retailers call their shopping journey or what strategies companies use to make the shopping journey a seamless one. ” Once a consumer completes his or her digital path to purchase (i.e., ’ They simply just shop.”[1]

Omnichannel 100

Omnichannel Procurement Analytics Supply Chain Design Software Analytics Software 100

Unleashed

OCTOBER 13, 2021

Sales order processing, also known as order management, is the flow of steps from customer purchase through to product delivery. It details each phase of the purchase and order fulfilment process, including financial transaction, order picking and logistics. A purchase order goes in the other direction.

Inventory Management Software 98

Inventory Management Software Inventory Reduction Forecasting Software Supply Chain Design Software 98

GlobalTranz

APRIL 13, 2018

Customer service is more important than ever, and customers expect purchases to arrive at record speeds with free or low-cost shipping, says GlobeCon Freight Systems. Enhanced reverse logistics, increasing customer service and giving warehouse managers a means of handling returns regardless of their origin.

Supply Chain Software 130

Supply Chain Software Supply Chain Strategy Supply Chain Optimization Resource Reduction 130

Intelligent Audit

JANUARY 19, 2023

Also, 79 percent of consumers surveyed expressed the desire for free return shipping, and the majority (92 percent) stated they would purchase again if the return process of a company were easy. With this demand in mind, shippers are searching for new strategies to refine their reverse logistics operations to streamline returns.

Reverse Logistics 52

Reverse Logistics Logistics Network Optimization Software Optimization Software Analytics Software 52

Intelligent Audit

DECEMBER 1, 2021

Before this comes peak season, a time when people place countless online orders or purchase in-store gifts for the holiday season. It’s a time when people return purchases or gifts from the holidays, which can cause issues with customer service and profitability if not appropriately handled.

Procurement Analytics 52

Procurement Analytics Data Supply Chain Software Reverse Logistics 52

Intelligent Audit

AUGUST 5, 2022

There is a massive push to increase inventory in advance, and everyone starts thinking about how they will survive the holiday rush, from food supply chains to other goods. million returns before the Christmas holiday, reported Tom Ryan of RetailWire. While data remained elusive in recent years, UPS found a unique fact in 2018.

Reverse Logistics 52

Reverse Logistics Logistics Network Optimization Software Procurement Solutions Demand Planning Software 52

GlobalTranz

JANUARY 21, 2019

According to Steve Banker via Forbes , Amazon’s purchase of Whole Foods positioned the company to corner the omnichannel area , and Amazon went a step further. Meanwhile, inventory levels rose 3.6 How Surface Mode Shippers Can Compete in E-Commerce Logistics. million returns, reports the Washington Post. Stay tuned!

Trends 152

Trends Shipping Purchasing Skills Supply Chain Software 152

Cathy Roberson

AUGUST 1, 2022

This collaboration helps carriers plan capacity needs, temporary seasonal labor requirements, third-party transportation purchases, and more down to the zip code level. As a result, many retailers are sitting on excess inventory. Moreover, 24% of retailers report that customers’ average order size increased by five items or more.

Inventory Reduction 96

Inventory Reduction Forecasting Cost Reduction Strategies Forecasting Software 96

Supply Chain Game Changer

NOVEMBER 19, 2018

From planning to negotiating to buying, from moving goods to processing goods, and from managing data to managing inventory. While every function must help your company grow and prosper when the heat is on uninformed Executives can view Supply Chain as merely a Cost Centre. And the reality is that Supply Chain must be cost-effective.

Negotiating Skills 84

Negotiating Skills Cost Reduction Strategies Purchasing Skills Inventory Reduction 84

GlobalTranz

FEBRUARY 16, 2016

This is the first of a two-part series where I will curate and cull information from my 4 decades of experience in logistics cost reduction at various positions in the supply chain. In this first part, I will focus on 6 places that you can apply to your organization to reduce costs and increase profit.

Cost Reduction Strategies 120

Cost Reduction Strategies Inventory Reduction Vendor Strategies Material Savings 120

20Cube Logistics

JANUARY 16, 2022

It’s odd to imagine that only three years ago most people made purchases in store. As e-commerce sales soar, there is more responsibility for logistics and supply chains. Consumers want a seamless returns experience, which demands for smarter reverse logistics processes. demand fulfilment: what do consumers want.

Modeling 54

Modeling Demand Planning Software Supply and Demand Logistics Network Optimization Software 54

Cathy Roberson

NOVEMBER 28, 2022

This powerful workflow combination allows our Pro shops to purchase parts and drop them directly into repair shop work orders quickly and easily,” Greco told analysts during the company’s Q3 earnings call on Nov 15. I wear a number of hats these days. Looking forward to moderating RLA’s first startup pitch contest!

Retail 70

Retail Optimization Software Demand Planning Software Logistics Network Optimization Software 70

Supply Chain Game Changer

OCTOBER 8, 2019

Most definitions of disintermediation characterize it as the elimination of intermediaries, or “ cutting out the middleman “ Further consider that the “Wastes” associated with Lean thinking and principles include transportation, inventory, over production and motion amongst others. Why is this relevant?

Waste Reduction 63

Waste Reduction Inventory Reduction Resource Reduction Price Reduction 63

Supply Chain Game Changer

MAY 24, 2021

Major retailers often serve as merchandise distribution centers, picking, packing, and shipping online purchases to clients sometimes the very day. E-commerce logistics need more room due to the rise in SKUs, backup stock returning goods, and personal selection, packaging, and shipping caused by e-commerce. Data analytics.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Modeling 98

GlobalTranz

JULY 8, 2015

Reverse logistics could be the business equivalent to the passage of time and life for nature. And at the end, check out a nice infographic speaking more to reverse logistics strategies and practices. Cost Management. Ultimately, the company would make more money through Reverse Logistics.

Reverse Logistics 120

Reverse Logistics Logistics Network Optimization Software Material Savings Cost Reduction Strategies 120

ShipBob

SEPTEMBER 20, 2021

The process involves complex steps, from procurement, to shipping products to end users, often resulting in a lack of visibility and high operational costs. In this post, we take a look at how you can improve your end-to-end supply chain operations and create a seamless workflow to enhance visibility and reduce operational costs.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Supply Chain Design Software 52

Logistics Bureau

OCTOBER 11, 2021

That benefit could allow you to carry some extra inventory without risking heavy losses through obsolescence. For example, at Logistics Bureau, our consultants have extensive experience setting up 3PL contracts and providing guidance to clients during implementation, reducing the potential for relationship breakdowns further down the line.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Material Savings Negotiating Skills Inventory Reduction 52

ShipBob

MARCH 3, 2022

For Greg and many other retail businesses, success is heavily reliant on having a profitable cost per unit — and half of that battle is keeping your costs low. . Only when you know how much it costs to produce or procure a single unit of any SKU can you make more informed decisions on how much to sell it for.

Cost Reduction Strategies 52

Cost Reduction Strategies Material Savings Price Reduction Inventory Reduction 52

Logistics Bureau

DECEMBER 9, 2019

The circular supply chain also integrates the reverse logistics process, taking products returned from customers and reinserting them into the forward flow at appropriate points. Again, this might include recycling or refurbishing items damaged in storage or transit, or placing undamaged returns back into a sales inventory.

Logistics Network Optimization Software 96

Logistics Network Optimization Software Supply Chain Software Trends Agile and Lean Supply Chain 96

Shipchain

AUGUST 24, 2018

Further, the internet and e-commerce have revolutionized global trade, making purchasing, selling, and acting as a third-party reseller more natural, as reported by Trucking Info. Shippers want lower rates, but due to these market forces and technology evolutions, lower freight rates are hard to come by.

Cost Reduction Strategies 79

Cost Reduction Strategies Resource Reduction Inventory Reduction Logistics Network Optimization Software 79

Supply Chain Game Changer

MARCH 24, 2020

For far too long Supply Chain has been considered a back office, transactional functions placing purchasing orders and moving and receiving goods. Taking Total Cost of Ownership Seriously. Mission Critical and Strategic Inventory Positioning. Don’t Overlook the Role of Reverse Logistics.

Supply Chain Design Software 82

Supply Chain Design Software Supply Chain Planning Software Manufacturing Procurement Supply Chain Design 82

Supply Chain Game Changer

JANUARY 22, 2019

Now consider that this same data entry occurs between all suppliers, customers and logistics carriers. And consider forecast data, planning parameters, cost and price information, materials details and specifications, purchase orders (and all of the accompanying changes and updates), bills of lading, labels, inventory records, and much more.

Supply Chain Design Software 79

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Analytics Software 79

Supply Chain Game Changer

NOVEMBER 11, 2018

Obviously, shippers cannot track what consumers use their personal devices for all the time, but they can use metrics and Big Data to track what consumers are doing on their respective e-commerce sites. An effective last mile logistics strategy must be focused on consumer needs. Be Consumer-Centric. Measure Performance.

Inventory Reduction 43

Inventory Reduction Cost Reduction Strategies Supply Chain Strategy Strategy 43

Cathy Roberson

MARCH 21, 2022

They also want to know when the package will be delivered at checkout time, not a day or so after the purchase, when the consumer receives an email from FedEx, UPS, or other last-mile providers. In 2022, FedEx and Microsoft announced a cross-platform "logistics as a service" for retailers, merchants, and brands.

Procurement Solutions 52

Procurement Solutions Logistics Network Optimization Software Optimization Software Inventory Management Software 52

6 River Systems

DECEMBER 13, 2019

Not only does warehouse optimization result in a healthier bottom line, but it also improves key warehouse metrics like accurate orders and on-time delivery. ” – Emma Sturgis, 10 Great Warehouse Optimization Tips for Small Businesses , Fishbowl Inventory 4. “Warehouse optimization starts with an efficient layout.

Optimal Sourcing 81

Optimal Sourcing Optimization Software Price Mitigation Strategies Modeling 81

GlobalTranz

JULY 14, 2015

Furthermore, the use of robotics in the order fulfillment, specifically the “item picking” processes , could help foster a faster purchase-to-delivery timeline. Cantaloupe System uses the IoT to help monitor the temperatures of their vending machines, detect thieves, and monitor inventory. Automated Data Transfers.

Internet of things 120

Internet of things Supply Chain Software Supply Chain Optimization Supply Chain Strategy 120

Logistics Bureau

AUGUST 10, 2017

If you’re competing on cost, then you might need to get products to the customers’ doors without charging shipping fees , or perhaps you’ll stop short of home delivery and ask customers to pick their purchases up from a storefront or some other predefined point (we’ll discuss some related concepts, like smart-lockers, later).

Supply Chain Planning Software 44

Supply Chain Planning Software Cost Reduction Strategies Inventory Reduction Price Reduction 44

GlobalTranz

JANUARY 20, 2015

From reverse logistics to pricing, and finally, some solutions. . Price management, inventory management, process optimization, and utilizing appropriate metrics to drive performance (and compensation) are critical. Of their purchasing department? Differentiation. What truly makes me difference than my competition?

Manufacturing Procurement 120

Manufacturing Procurement Manufacturing Price Reduction Optimization Software 120