GlobalTranz

SEPTEMBER 23, 2021

High freight volumes across all industries in the trucking market are expected to continue into 2022.? A Possible Stimulus on the Horizon May Increase the Challenge of Procurement Through Peak Season. A stimulus on the horizon further increases the risks of a higher trend in consumer purchasing. transportation metrics ?that

Prescriptive Analytics Software 308

Prescriptive Analytics Software Optimal Sourcing Pricing Training Negotiating Skills 308

Enterra Insights

MAY 31, 2022

The winning companies are those that correctly identify the problem to solve — the performance metric to improve. The data model will put a spotlight on the missing data. They report, “We know from extensive research that decisions matter — a lot. He explains, “Too often companies think that more data is better.

Supply Chain Software 130

Supply Chain Software Supply Chain Optimization Modeling Supply Chain 130

Logistics Viewpoints

FEBRUARY 3, 2022

Concurrent means to “happen at the same time,” so applying this principle to the supply chain, any change, to any input across the supply chain can be considered and evaluated by demand, supply, distribution, capacity, and purchasing; in real-time. A change to one link (e.g. on-time delivery). A change to one link (e.g. on-time delivery).

Inventory Reduction 290

Inventory Reduction Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning 290

The Logistics & Supply Chain Management Society

APRIL 26, 2022

As of January 1, 2022, it was taking a company an average of 73 days to deliver goods to truck or rail carriers after booking with an ocean carrier and completing the cross-ocean journey, according to E2open’s Ocean Shipping Index. Brand loyalty is no longer the driver for consumer purchasing decisions. HOW DID WE GET HERE?

Supply Chain Planning Software 246

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 246

Supply Chain Game Changer

SEPTEMBER 28, 2022

There are many ways to ensure conversion: Prompt the visitor to sign up for a newsletter Ask for contacts via a contact form Stimulate a purchase Getting a prospect’s email address in exchange for a piece of free, downloadable content. The simplest tool for auditing a website is Google Analytics. Link Your Website to Google Analytics.

Procurement Analytics 85

Procurement Analytics Supply Chain Design Software Optimal Sourcing Analytics Software 85

American Global Logistics

JULY 14, 2023

The cost of U.S. However, there is a need for more precise and comprehensive metrics to understand the full economic impact of supply chains. The findings of this report are valuable for North Carolina and serve as a model for other states, regions, and the country. Today, they face new challenges and opportunities.

North Carolina 52

North Carolina Supply Chain Software Modeling Procurement Analytics 52

Locus

JULY 24, 2023

For instance, 41% of global shoppers expect same-day delivery for their purchases. Cost Considerations: A significant financial and environmental cost for shippers and carriers hides as empty miles. accounting for 61 billion empty miles and 87 million metric tons of unnecessary annual emissions.

Optimal Sourcing 52

Optimal Sourcing Sourcing Strategies Optimization Software Logistics Network Optimization Software 52

BlueYonder

FEBRUARY 17, 2022

Followed by focus on big data analytics where companies began leveraging BI (business intelligence) tools for data-driven decision making. As we adhered to shelter-in-place orders from the CDC (Centers for Disease Control), each of us were purchasing more products and services online at a faster adoption rate than ever before.

Supply Chain Planning Software 70

Supply Chain Planning Software Supply Chain Software Predictive Analytics Software Analytics Software 70

Supply Chain Game Changer

APRIL 22, 2022

You must track all the marketing analytics to know whether your efforts and money are going to be wasted or reaping greater profits for your startup. But tracking these analytics without expertise and experience is often a huge challenge. But tracking these analytics without expertise and experience is often a huge challenge.

Expense Reduction 89

Expense Reduction Cost Reduction Strategies Waste Reduction Analytics Software 89

Supply Chain Game Changer

AUGUST 21, 2022

In order to measure the efficiency of your supply chain, companies must track certain metrics. Metrics help to prioritize activities and improve processes. Some metrics are critical to meeting regulatory requirements and contractual obligations, while others track efficiency and service, which produce higher profits.

Inventory Reduction 104

Inventory Reduction Price Reduction Cost Reduction Strategies Material Savings 104

Unleashed

JANUARY 24, 2022

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.

Inventory Reduction 98

Inventory Reduction Inventory Management Software Procurement Solutions Supply Chain Software 98

o9 Solutions

JANUARY 25, 2023

The DPP is a proposed policy solution to support more sustainable production, circular business models, enable consumers in making more informed purchasing decisions and to allow authorities to verify compliance with legal obligations. CO2 footprint, water use) ( Global Battery Alliance, 2022 ; European Commission, 2019).

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Modeling Software Predictive Analytics Software 52

Locus

DECEMBER 23, 2022

According to a study, there were 268 million digital buyers in the United States in the year 2022 alone. Not only this, 62% of online shoppers in the US say delivery speed is what makes for a good purchase experience. percent in North America in 2022. First Attempt Delivery Rate: The Metric for CEP & Retail Success.

Analytics Software 52

Analytics Software Retail Supply Chain Planning Software Demand Planning Software 52

Cognira

JANUARY 8, 2024

A staggering 81% of consumers express a stronger inclination to make a purchase when enticed by a promotion. Customer Retention: Why It Matters Customer retention refers to the ability of a business to keep existing customers and generate revenue from them after their initial purchase.

Procurement Analytics 52

Procurement Analytics Strategy Price Mitigation Strategies Sustainability 52

Supply Chain Game Changer

MAY 27, 2022

By analyzing website and social media analytics, you can understand the type of customers who prefer buying your products. If you want to find more information about your users, use online tools like Google Analytics or Facebook Insights. A positive brand reputation can boost customers’ loyalty and increase the purchasing rate.

Sourcing Strategies 90

Sourcing Strategies Supply Chain Design Software Price Reduction Supply Chain Planning Software 90

Gravity Supply Chain

MAY 20, 2022

Developing end-to-end supply chain management software, Gravity optimizes operations, mitigates risk, and controls costs. In 1956, manually loading a ship cost $5.86 per ton; the standardized container cut that cost to just 16 cents a ton … The U.S. billion metric tons as of 2017. One joint solution.

Supply Chain Planning Software 52

Supply Chain Planning Software Procurement Solutions Supply Chain Software Predictive Analytics Software 52

Locus

DECEMBER 15, 2022

If you deal with delivery exceptions as an opportunity to improve post-purchase customer experience, it helps you get back your customers. To enable a delightful post-purchase experience, it is essential to have successful delivery exception responses. Is your business struggling to manage delivery exceptions in the last mile?

Real-time Visibility 52

Real-time Visibility Predictive Analytics Software Supply Chain Planning Software Optimal Sourcing 52

Precoro

FEBRUARY 12, 2024

According to the 2022 Deloitte Global Treasury Survey , CFOs consider improving liquidity risk management to be a top priority for their treasury departments. In order to make it as realistic as possible, it’s a good idea for treasury and finance departments to communicate closely with sales, procurement, and accounting teams.

Optimal Sourcing 102

Optimal Sourcing Expense Reduction Inventory Reduction Negotiating Skills 102

Unleashed

AUGUST 18, 2021

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?

Reverse Logistics 98

Reverse Logistics Logistics Network Optimization Software Supply Chain Planning Software Material Savings 98

Intelligent Audit

JANUARY 18, 2022

Actionable analytics and meaningful logistics intelligence are essential elements in freight. Actionable analytics gather large volumes of data and interpret it in a meaningful way, translating it into effective business strategies. Provide Discounts on Worthy Purchases. Know When to Reinitiate RFPs to Get Better Shipping Costs.

Analytics Software 52

Analytics Software Supply Chain Planning Software Supply Chain Design Software Procurement Analytics 52

Unleashed

JUNE 23, 2021

With that in mind, here’s our pick of the 10 most important inventory management trends for 2022. 10 inventory management for 2022: 1. Inventory analytics goes mainstream. Accurately plotting costs based on live data. Improving efficiencies with data analytics. Cloud technology accelerates. Inventory forecasting.

Inventory Management Software 80

Inventory Management Software Inventory Reduction Inventory Management Supply Chain Planning Software 80

ShipBob

OCTOBER 19, 2023

This metric helps you understand how efficiently you’re making use of available space, which has an influence on profitability and operating efficiency. Warehouse Space Utilization (%) = (Used Space / Total Available Space) x 100 So you need two important metrics before you can make your warehouse space calculation.

Warehousing 52

Warehousing Inventory Reduction Waste Reduction Price Mitigation Strategies 52

Cognira

NOVEMBER 28, 2023

This blog explores the trends that define this year’s holiday season and the factors that draw the consumer path to purchase. Consumers leverage AI-powered benchmarking tools to track the price of their favorite items and make the purchase once it hits its lowest point. compared to the last year.

Price Reduction 52

Price Reduction Retail Material Savings Procurement Analytics 52

Logility

OCTOBER 6, 2023

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.

Supply Chain Planning Software 193

Supply Chain Planning Software Modeling Software Supply Chain Network Software Optimization Software 193

ShipBob

NOVEMBER 15, 2022

Understanding your key performance metrics, sales data, site performance, and channel efficiency will uncover meaningful insights about your business and customer loyalty. Read on to answer: What are Shopify data analytics? What are different types of Shopify reports and metrics? Note which key metrics to keep a pulse on.

Procurement Analytics 52

Procurement Analytics Analytics Software Predictive Analytics Analytics 52

ShipBob

MAY 19, 2023

Doing this helps reduce holding costs and frees up cash for the retailer to purchase new, more season-appropriate products. Markdowns also help encourage impulse purchases. According to Adobe Analytics , in 2022, US shoppers spent 35.3 billion, up 4% year over year.

Material Savings 52

Material Savings Price Reduction Inventory Reduction Cost Reduction Strategies 52

Unleashed

DECEMBER 6, 2021

We’ve identified 6 important categories that wholesaling features fall under: Inventory management Supply chain Customer orders Warehouse management Data and analytics Key software integrations And within these categories, we give you 17 features to look for – and why they’re important. Inventory management 1.

Inventory Management Software 98

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

Zipline Logistics

JANUARY 17, 2023

It’s no secret that many consumers now consider the sustainability of a product before purchasing, much like they consider price or quality. At the end of 2022, Tesla delivered its first semis to PepsiCo. Tracking Key Metrics to Drive Sustainable Logistics Performance Improvement . Electric Vehicles . million cars from U.S.

Resource Reduction 78

Resource Reduction Waste Reduction Vendor Strategies Optimal Sourcing 78

o9 Solutions

NOVEMBER 10, 2022

Within an organization, sustainability data is found in environmental, procurement, financial, product lifecycle, regulatory compliance, human resource management, ERP, and logistics systems (e.g., WMS and TMS). This indicates a move towards more standardized frameworks that aid the measurement, consistency, and assimilation of ESG data.

Supply Chain Planning Software 52

Supply Chain Planning Software Data Optimal Sourcing Procurement Analytics 52

Supply Chain Game Changer

FEBRUARY 15, 2022

For many people who work in Supply Chain Management, or for those on the outside, it functions on the foundation of processes, formulae, and metrics. I had learned deep analytical skills, organizational and planning skills, learning abilities and more. Originally published on February 15, 2022. Infographic). All Rights Reserved.

Supply Chain Design Software 92

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Inventory Management Software 92

Enterra Insights

AUGUST 19, 2020

It spans the purchase of raw materials to the final delivery of the merchandise to the customer, including the intermediate processing of the goods. Which data metrics are most relevant to your demand forecasting? The South Florida Reporter offers four tips for perfecting your logistics and supply chain[7]. ”[1]. .”[3]

Logistics Network Optimization Software 100

Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Software Analytics Software 100

Intelligent Audit

FEBRUARY 17, 2022

Maersk , a global leader in transportation, supply chain and logistics management, and general freight, announced February 9, 2022, “The intended acquisition of Pilot Freight Services (Pilot), a leading U.S.-based The world of shipping management and logistics continues to evolve as market conditions change.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Sourcing Strategies Resource Reduction Cost Reduction Strategies 52

Unleashed

JANUARY 25, 2023

Billowing international lead times and rising costs have pushed businesses to hold record amounts of stock, shrinking gross profit margins. In fact, in the UK alone average inventory values jumped nearly 100% from 2019-2022 , while gross margin return on investment (GMROI) dropped 76%. Why is positive cash flow important?

Material Savings 98

Material Savings Inventory Reduction Price Reduction Cost Reduction Strategies 98

Enterra Insights

MARCH 16, 2022

Consumers, on the other hand, constantly complain about being bombarded with advertisements (even while acknowledging many of their purchases are a direct result of learning about a product or service through an ad). ”[5] Data analytics, of course, isn’t the end game. ” Implementing Propensity Marketing.

Modeling 130

Modeling Optimization Modeling Procurement Analytics Modeling Software 130

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