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The State of the Trucking Market in 2021

GlobalTranz

High freight volumes across all industries in the trucking market are expected to continue into 2022.? The added strain on resources is on track to force high freight volumes to continue well into the next year. A Possible Stimulus on the Horizon May Increase the Challenge of Procurement Through Peak Season.

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When Did Trying to Do the Right Thing in Business, Become a Bad Thing?

Enterra Insights

A growing segment of consumers have become educated and engaged on Environmental, Social, and Governance initiatives and are letting their activism guide their purchasing behavior.”[7] … Instead, it’s better for purchasing organizations to bring those suppliers along and align them with their own brand values.

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MRO Inventory: What It Is & The 10 Best Practices to Manage It

Unleashed

Techniques for 2022 What is MRO inventory? For example, you may look after PPE and office equipment in-house but have a supplier of maintenance equipment monitor this inventory on your behalf who raises purchase orders when stocks are low. MRO inventory can account for a sizeable portion of a business’ total procurement spend.

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Small Retail E-Commerce Strategy and Best Practices to Know

Intelligent Audit

retailers experienced a 21% increase in their 2021 Black Friday sales, and mid-October data indicated sales would amass nearly $1 trillion, INC.com reported. Continuing disruptions around the globe will further stimulate more interest and demand for e-commerce. Provide Discounts on Worthy Purchases.

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Reverse Logistics: What is it, and Why is it So Important?

Unleashed

Reverse logistics is the process of goods returning to their point of origin – back from the purchaser to the manufacturer or supplier. Read more: The 10 inventory management trends to watch for in 2022 Reverse logistics is another name for a backwards supply chain What steps make up the reverse logistics process? 3 examples) 1.

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Upgrading your Supply Chain Planning Software to the Cloud: Everything you need to know

Logility

In a 2022 study conducted by Accenture entitled, “ How the cloud boosts supply chain innovation” , they found that 60% of cloud leaders are outperforming their competitors in supply chain transformation. Data can be exposed for analytics purposes through several different mechanisms. Is Logility a trusted cloud service provider?

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Management of Ocean Transit Time Reliability and Visibility

The Logistics & Supply Chain Management Society

2022 ocean schedule reliability dropped to 30%. Although 2023 first half reliability has been improving to around 65%, the lead time variability is still high compared to other modes of transportation, and still below pre-pandemic levels. but when demand slowed, the pressure to reduce inventory becomes a lot higher.