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With the chaos of the 2024 holiday season descending, the National Retail Federation predicts U.S. A recent study of home delivery sustainability found that 83% of consumers aged 18-24 and 71% of 25-34-year-olds consider the environment when making a purchase, compared to only 43% of consumers aged 65 and older.
Three months into 2025, we have seen a barrage of on-again, off-again tariffs that have supply chain and logistics teams reeling, as they must rethink everything from next weeks shipping route to their foundational network models. With the global e-commerce market predicted to reach $8.1 billion to $23.07 billion in 2023 to $13.3
Enterprise procurement leaders are under more pressure than ever—juggling cost control, compliance, supplier risk, and internal complexity, all while trying to modernize outdated systems. AI, automation, and generative tools are redefining efficiency, allowing procurement teams to move from reactive to proactive decision-making.
Dive into our curated list of the top 12 blogs from 2024 that will elevate your supply chain knowledge and give you a competitive edge. Decoding the Procurement Department: A Comprehensive Guide to Roles and Responsibilities This supply chain article provides a comprehensive overview of the procurement department within an organization.
The Warehouse Management System market nearly grew by $1 billion in 2024, following a robust four-year climb since the pandemic. A majority of warehouses report labor shortages, and more than 50% cite this as a significant business challenge that is only worsening.
Within the next week, New York will be bustling with people attending fashion shows, brand events, and participating in Fall 2024 Fashion Week. These clothing companies have revolutionized how consumers purchase, wear, and dispose of their clothing. Now Let’s Get to The Supply Chain & Logistics News for the Week!
While 18% of all consumers reported cutting back on spending, 43% of under-35s actually increased their online purchases. Furthermore, 44% of this group now buys online at least every two weeks, up from 33% in 2024. Great Expectations This cohort doesn’t just buy more—they also expect more.
And now on to this week’s logistics news. She also said the company planned to ask workers to return to the office five days a week in 2024. percent drop in annual sales, UPS forecast a 2024 upswing of as little as 1.1 percent year-on-year decline in cargo ton miles to 1.8bn, although this metric increased by 9.5
on logistics rose in both absolute dollar terms and as a percentage of GDP, and it isn’t likely to go down anytime soon. That was one of the primary conclusions of the annual logisticsreport released last week by the Council of Supply Chain Management Professionals (CSCMP) at a media briefing in New York. Not much has changed.”
After 10+ years of writing the weekly news roundup, as well as a bi-weekly column for Logistics Viewpoints, today is my last day at ARC Advisory Group. Over these 10 years+ I have learned a lot about supply chain and logistics through conversations with end users, suppliers, and my colleagues. from May’s 2.24
Colombian drug smugglers are disguising cocaine as “fake coal” within major bulk consignments to try to dupe port surveillance operations, according to a new report. And now on to this week’s logistics news. Alibaba has officially introduced its Logistics Marketplace, providing U.S.
Orlando, FL – October 2, 2024 – E2open Parent Holdings, Inc. NYSE: ETWO), the connected supply chain SaaS platform with the largest multi-enterprise network, announced today at its annual Connect customer conference the release of its highly anticipated 2024 Forecasting and Inventory Benchmark Study.
More Resources Home Is AI Hype or a Truly Revolutionary Technology Set to Transform Logistics? (AI Amidst this boom, some veterans of the AI industry question whether this cycle will be different, especially as some corporate entities report disappointing returns on their initial investments.
Supply Chain Matters provides our summary and perspectives wrap up of the 2024 holiday fulfillment season. The Numbers Government data along with added adjustments by The National Retail Federation (NRF) indicates that retailers experienced a rather positive 2024 holiday fulfillment period. percent to a record $5.28
In today’s dynamic market, procurement is far more than just a buying and purchasing center. Our latest e-book, “ Is Manufacturing Missing Out On Procurement’s Value Add? Our latest e-book, “ Is Manufacturing Missing Out On Procurement’s Value Add? Here are some key insights from the e-book.
The Supply Chain Matters blog provides observations and additional information perspectives related to the 2025 State of Logisticsreport. The report points to an upcoming period of high uncertainties along with the need to fundamentally rethink supply chain resilience as a strategic imperative. percent in other costs.
And now on to this week’s logistics news. Walmart+ costs $98 per year, or $12.95 It includes free shipping of online purchases, free grocery deliveries to the home for orders of at least $35, prescription discounts and other benefits. The post This Week in Logistics News (April 23 – 29) appeared first on 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.
This is a challenging and uncertain economic and trade environment for shippers, carriers and logistics services providers. We remain committed to growing our business with prudent investments and cost discipline to build the premier network and technology for logistics-intensive businesses." Ryan, Descartes' CEO.
Electrification continues to make rapid inroads into trucking, as the International Energy Agency (IEA) recorded an 80% growth in sales in 2024 , led by China and making it the third consecutive year of expanding sales after poor market performance from 2018 to 2021. in contrast experienced similar sales to 2023 in 2024, reaching over 1,700.
Expand the “FLOW” program for logistics information sharing to forecast transportation flow. In addition, the Council will conduct a supply chain review by December 31, 2024, to evaluate the impact of the supply chain on National Security Lora’s Take I think that we need to be skeptical without getting political.
Bowman, SupplyChainBrain The European Union is on the verge of rolling out a reporting regulation that promises to have a huge impact on businesses selling into the region. The DPP “represents a significant advance in product transparency and sustainability,” according to an EU report published in September of 2024.
Rising costs, supply chain chaos, and economic swings put businesses under enormous pressure to protect their margins. According to McKinsey & Company, procurement accounts for 50% to 80% of a company’s cost base. That’s why organizations zero in on strategies to achieve procurementcost reduction.
More Resources Home Is AI Hype or a Truly Revolutionary Technology Set to Transform Logistics? (AI Amidst this boom, some veterans of the AI industry question whether this cycle will be different, especially as some corporate entities report disappointing returns on their initial investments.
Menlo Worldwide Logistics and Temasek Polytechnic Establish Scholarship Programme, Announce 2013 Winners. Retailers and small and midsize businesses (SMBs) – the two market segments supply chain and logistics software vendors are hyper-focused on these days. ATA Releases Latest Freight Forecast, Projecting Strong Trucking Growth.
Key components of mobile inventory management include: Smartphone app: Allows field agents to log information, analyze metrics, and manage tasks even in remote areas with limited connectivity. Cloud software: Stores and distributes real-time data, producing reports accessible to all team members.
E-commerce continues to grow yearly and it’s estimated that it will make up 30% of retail purchasing by 2024. Last-mile delivery accounts for 53% of overall shipping costs. They have fundamentally changed consumer expectations for all retailers who may not have the same robust logistics network.
Retail returns occur when a customer returns the purchased items to a seller in exchange for a refund, store credit, or a similar product. Returns come with plenty of challenges around logistics, inventory, and predicting volatile sales trends. 84% of buyers read the return policy before making an online purchase.
According to the State of the Global Islamic Economy Report 2020-2021 a USD 2.4 trillion industry by 2024 , consisting of not only food, but also cosmetics, pharmaceuticals, modest fashion, media & creation, and Muslim friendly travel. Some distributors and logistics might be halal certified; most are not. Developments.
For AFFLINK's partners and affiliates navigating complex procurement environments, ESG integration reshapes how supply chains are built, evaluated, and optimized. With consumers and investors alike expecting higher accountability, ESG compliance has become a key differentiator in global procurement.
Collaboration across Tier 1, Tier 2, Tier 3, and beyond requires visibility and communication regarding capacity, cost, risk, order quantities, inventory levels, quality , timelines, logistics, and more. Multi-tier supplier collaboration involves building transparency with and beyond your first tier suppliers.
”[3] The ACA also notes, “[In 2022, the] USDA Economic Research Service [reported] more than 22 million full- and part-time jobs were related to the agricultural and food sector, or roughly 10 percent of all U.S. The post National Ag Day 2024 first appeared on Enterra Solutions. employment. employment.
As consumers and businesses become increasingly environmentally conscious, the logistics industry stands at a pivotal crossroads. Imagine a bustling logistics hubefficient, clean, and powered by renewable energy. Sustainability in Logistics refers to the practical steps businesses take to enhance their sustainability practices.
For those who use a Mac as their trusted companion in 2024, the hunt ends here. We ensure that the solutions recommended are well-suited for your Mac in 2024. That includes inventory tracking, order management, demand forecasting, and logistics planning. This includes evaluating the cost-effectiveness of subscription plans.
In 2024, the logistics and supply chain industry will continue its transformative journey, driven by technological advancements and growing consumer expectations. According to industry reports, over half of business leaders acknowledge the need for supply chain improvements, with 52% believing they could enhance their operations.
Let’s start with definitions: Self Service Planning: Decision support technologies designed for business leaders to use analytic techniques on a collaborative platform to improve business planning. Outside-in Planning: Modeling based on channel and supply network signals. This week, I was at Informs Analytics Conference.
However, today, the term “artificial intelligence” is frequently used as a catch-all for technologies ranging from predictive text and chatbots to deep neural networks and autonomous agents, many of which are only loosely connected to the original notion of “intelligence”. What is Predictive AI?
Infor’s CEO, Kevin Samuelson Infor’s strategy for differentiating their business from competitors like SAP and Oracle rests on a truly differentiated approach to ensuring that their customers get ongoing value from the business applications they purchase. Infor, with anticipated revenues of $3.4 We just want them solved.”
Supply chain leaders were slow to adopt advances in Big Data Analytics. In parallel, PE/venture capitalists purchased/consolidated network solutions, slashing R&D and delaying investment, reducing industry capabilities. The Briefing Book, Ernie Tedeschi, April 01, 2024 “ Expect Supply Shortages.
While no two customers will have quite the same game plan, we’re building off the same foundation of retail logistics expertise we’ve accumulated over 15+ years of service to the CPG community. Know exactly what retail buyers expect from you and how to avoid damaging your relationships by reading our Retail Buyer Report.
82% of people have concerns that the supply chain will ruin life plans, such as birthdays, vacations, holidays, and the purchasing of necessary items. Material Handling & Logistics ). Material Handling & Logistics ). Prior to Covid-19, 45% of consumers never considered the supply chain when making purchases.
A report also found that a fifth of the 2,000 largest publicly-listed companies in the world have pledged to pursue a net-zero strategy. YCH Group, one of Asia’s leading supply chain and logistics conglomeratesis another supply chain company that is using solar power to help cut their CO2 emissions. Cache Logistics Trust, Singapore.
49% That was the ownership share of product returns specialist Inmar Post-Purchase Solutions (IPPS), a joint venture between Doddle—a part of Blue Yonder—and Inmar, Inc. prediction made in March. That was the decline in Scope 1 CO2 emissions by FedEx in its fiscal year 2024 versus 2023.
First, they might discourage shoppers from making a purchase, since over two-thirds of consumers say theyre deterred by strict return policies. According to the National Retail Federation (NRF), 67% of shoppers report that a negative return experience would keep them from shopping with a specific retailer in the future.
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