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

GlobalTranz

SEPTEMBER 23, 2021

High freight volumes across all industries in the trucking market are expected to continue into 2022.? Port backlogs, cargo limitations on container ships, and a lack of available equipment and port facility staffing.? A Possible Stimulus on the Horizon May Increase the Challenge of Procurement Through Peak Season.

Prescriptive Analytics Software 308

Prescriptive Analytics Software Optimal Sourcing Pricing Training Negotiating Skills 308

Logistics Viewpoints

DECEMBER 8, 2022

Based on ARC Advisory Group’s new global market report, the five largest providers of TES, listed alphabetically, are Descartes, E2open, FourKites, Infor Nexus, and project44. The company is focused on ocean shipping. In January 2022, they received an outside investment totaling $420 million. FedEx Corp. Infor Nexus.

Rail Software 188

Rail Software Real-time Visibility Supply Chain Network Software Supply Chain Planning Software 188

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

Unleashed

APRIL 11, 2024

The Guardian reports that the Victoria Unboxed project will hope to eliminate invisible waste from supply chains by replacing cardboard produce boxes with reusable plastic crates. US manufacturing activity expands for first time since 2022. The latest ISM Manufacturing PMI report registered an unexpectedly high 50.3%

Waste Reduction 52

Waste Reduction Price Reduction Inventory Reduction Cost Reduction Strategies 52

Supply Chain Game Changer

AUGUST 21, 2022

A global chemical manufacturer recently had to replace ships that transported bulk materials to ports. These materials were then transferred to barges and rail cars for delivery, and finally to terminals where they were packaged into shipping containers for final delivery by rail. Supply Chain 4.0

Inventory Reduction 104

Inventory Reduction Price Reduction Cost Reduction Strategies Material Savings 104

Unleashed

AUGUST 20, 2023

For customers, it can mean the time it takes to receive an order after they have purchased it. For product sellers, it can refer to how long it takes to receive raw materials or bulk products after placing a purchase order with a supplier. There are many definitions for lead time in supply chain management.

Manufacturing Procurement 52

Manufacturing Procurement Inventory Reduction Sourcing Strategies Procurement Analytics 52

Unleashed

JULY 2, 2023

Days Inventory Outstanding (DIO) is a fundamental inventory metric for measuring efficiency and liquidity inside a product business. It’s used frequently in inventory accounting to help businesses understand their holding costs and make optimised purchasing decisions.

Inventory Reduction 52

Inventory Reduction Inventory Inventory Management Software Procurement Analytics 52

Locus

JUNE 3, 2022

billion metric tons—the emissions have rebounded in 2021 and 2022. The latter was so severe that cargo ships had to run at half their usual capacity. In the case of manufacturers, it means procuring green and sustainable raw materials. While the COVID-19 pandemic brought down CO2 emissions by 5 percent —to 34.81

Negotiating Skills 52

Negotiating Skills Negotiate Pricing Purchasing Skills Optimal Sourcing 52

Unleashed

SEPTEMBER 7, 2021

B2B eCommerce is booming and will be crucial for business success in 2022 and beyond. One of the world’s most successful eCommerce businesses is Shopify, which provides its customers – across both B2B and B2C channels – with an eCommerce platform supporting trade, engagement, metrics, shipping and tracking services.

Inventory Management Software 97

Inventory Management Software Price Reduction Inventory Reduction Modeling Software 97

ModusLink Corporation

MARCH 29, 2022

In e-Commerce, customer data is usually stored within big databases that accurately store all data of previous purchases. According to Santora (2020), 55% of shoppers abandon their virtual shopping cart due to reasons such as unexpected shipping fees, unclear taxes, and a time-consuming purchasing process. Value Feedback.

Optimization Software 78

Optimization Software Logistics Network Optimization Software Procurement Analytics Procurement Solutions 78

EC Sourcing Group

SEPTEMBER 6, 2022

A green supply chain reduces the harm that may occur at any stage of the procurement cycle—production, purchasing, logistics, material management, or distribution. In March 2022, the U.S. View sustainability reports for preferred suppliers and identify areas for improvement. Is packaging and delivery eco-friendly?

Material Savings 52

Material Savings Waste Reduction Supply Chain Software Vendor Strategies 52

Ware2Go

APRIL 11, 2023

The return rate on ecommerce orders can be up to 35% higher than in-store purchases, and the method of return varies — from scheduled carrier pickups, to in-store returns, to dropoff centers. In 2022 alone, eCommerce returns generated 9.5 This likely does not account for the impact of reverse logistics. million cars to the road.

Examples 52

Examples Sustainability Purchasing Skills Retail 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. giving you the best shipping price to quote for your customers.

Analytics Software 52

Analytics Software Retail Supply Chain Planning Software Demand Planning Software 52

Arena Solutions

APRIL 4, 2023

The global cobot market size is estimated to be worth $866 million in 2022 and is forecasted to a readjusted size of $1682 million by 2028. 4 Due to their low cost and simple design, cobots are also becoming widely used in supply chain management. Metrics monitoring Real-time data can be accessed globally using cloud computing.

Manufacturing Procurement 73

Manufacturing Procurement Sourcing Strategies Inventory Reduction Cost Reduction Strategies 73

SCMDOJO

AUGUST 16, 2023

The ability to analyze this data enables the retail giant to make informed decisions on product procurement, inventory management, and demand forecasting. One of the key elements of the EDLC policy is the direct procurement of items from suppliers, eliminating intermediaries in the process.

Inventory Reduction 76

Inventory Reduction Vendor Strategies Supply Chain Planning Software Price Reduction 76

Gravity Supply Chain

MAY 20, 2022

Developing end-to-end supply chain management software, Gravity optimizes operations, mitigates risk, and controls costs. Clients can get precise evidence about maritime traffic, including the exact location of a ship carrying what they need and when it will get to where they need it to be. In 1956, manually loading a ship cost $5.86

Supply Chain Planning Software 52

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

Logistics Viewpoints

APRIL 14, 2023

According to a report from The Information , the company is imposing this fee on returns when return options at Whole Foods, Kohl’s, or Amazon Fresh locations are closer or at the same distance as a UPS Store return location. Previously, customers could drop off non-defective or undamaged items at UPS Stores without any cost.

Logistics Network Optimization Software 206

Logistics Network Optimization Software Cost Reduction Strategies San Francisco Price Reduction 206

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 Retail 52

ToolsGroup

APRIL 1, 2022

Increased Shipping Costs, Delays, and Transportation Issues. Dealing with the Shipping Container Crisis. 82% of people have concerns that the supply chain will ruin life plans, such as birthdays, vacations, holidays, and the purchasing of necessary items. A variety of chips will remain in short supply throughout 2022.

Material Savings 207

Material Savings Purchasing Skills Supply Chain Planning Software Manufacturing Procurement 207

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

Cognira

DECEMBER 20, 2022

December 20, 2022. According to a study conducted by Cone Communications: 87% of customers are confessing that they will purchase a product because a company advocated for an issue they cared about. 76% of customers will refuse to purchase a company’s products or services upon learning it supported an issue contrary to their beliefs.

Waste Reduction 52

Waste Reduction Inventory Reduction Expense Reduction Material Savings 52

Locus

DECEMBER 15, 2022

Shipping carriers won’t operate during these times. 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. Custom Delays.

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

6 River Systems

OCTOBER 14, 2022

Those first three steps involve how the various components of your products — and your customers’ orders — are assembled and readied for picking and shipping. If they have many items, these will need to be selected from different zones of the warehouse and placed together in a shipping box. Shipping isn’t as easy as it might sound.

Inventory Reduction 52

Inventory Reduction Cost Reduction Strategies Expense Reduction Material Savings 52

Unleashed

FEBRUARY 6, 2023

If you’re purchasing in large quantities, suppliers will typically offer discounts and reduced shipping costs. What we found was that SMEs in the UK, New Zealand and Australia were being forced to hold record levels of stock in Q3, 2022. You can’t sell products you don’t have. Better supplier rates.

Material Savings 52

Material Savings Inventory Reduction Modeling Cost Reduction Strategies 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

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

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

Locus

MAY 25, 2022

The American customer satisfaction index customer experience benchmarks for timeliness of delivery fell drastically from 82 in 2020 to 76 in 2022. consumer shipping companies: Customer experience 2017-2022. – Consumer experience with consumer shipping companies in the United States from 2017 to 2022, Statista, 2022.

Sourcing Strategies 52

Sourcing Strategies Inventory Reduction Cost Reduction Strategies Price Mitigation Strategies 52

Cognira

OCTOBER 3, 2023

Offering items below their regular retail prices cultivates a sense of urgency, often referred to as the “Fear of Missing Out” (FOMO), which encourages immediate purchases. Retailers have long embraced this method, employing tactics such as “buy one, get one,” discounts, and coupons, especially in e-commerce.

Price Reduction 52

Price Reduction Waste Reduction Inventory Reduction Vendor Strategies 52

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. What’s Happening: Shipping Disruptions Continue. Freight shipping costs are climbing.

Analytics Software 52

Analytics Software Supply Chain Planning Software Supply Chain Design Software Procurement 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

ModusLink Corporation

DECEMBER 13, 2022

Thus, the best way forward will be to redefine operation standards and focus on tracking labor metrics that foster innovation and supply chain optimization. Plus, they reduce your total risk and costs along the way. Those facts allow customers to feel good about their purchases and how such purchases affect the global economy.

Inventory Reduction 78

Inventory Reduction Resource Reduction Waste Reduction Material Savings 78

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. greenhouse gas emissions – more than aviation, maritime shipping, and rail combined. . Electric Vehicles .

Resource Reduction 78

Resource Reduction Waste Reduction Vendor Strategies Optimal Sourcing 78

The Logistics & Supply Chain Management Society

MAY 28, 2022

Network slicing allows cellular 5G networks to deliver dedicated virtual networks across a single physical infrastructure, reducing costs, segregating traffic and enabling delivery of quality of service metrics like latency, bandwidth and congestion management. Artificial Intelligence (AI) and Automation.

Supply Chain Software 130

Supply Chain Software Supply Chain Network Software Modeling Software Demand Planning Software 130

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