GlobalTranz

SEPTEMBER 22, 2016

The roles of logistics and procurement in an efficient supply chain cannot be overstated. According to Paul Myerson , reports Industry Week, up 70 percent of a company’s costs come from procurement and logistics operations. Supply Chain Managers and Procurement Professionals Avoid the Conversation.

Manufacturing Procurement 120

Manufacturing Procurement Procurement Analytics Procurement Solutions Optimal Sourcing 120

GlobalTranz

DECEMBER 29, 2014

However, I encourage you to browse the entire logistics category so you may see the most recent posts as well, because typically, the earlier the post was published, the more views (but that is not always the case). What is Reverse Logistics and How Is It Different than Traditional Logistics? Read the full Post.

Logistics Network Optimization Software 243

Logistics Network Optimization Software Reverse Logistics Manufacturing Procurement Logistics 243

Unleashed

FEBRUARY 21, 2024

It covers every aspect of dealing with customer returns, including policy management, reverse logistics, customer service, returned goods inventory management , and developing strategies to reduce return rates. Returns management vs. reverse logistics Returns management refers to managing the entire returns process.

Inventory Management Software 52

Inventory Management Software Inventory Reduction Cost Reduction Strategies Material Savings 52

ToolsGroup

AUGUST 1, 2022

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.

Retail 296

Retail Optimal Sourcing Purchasing Skills Procurement Solutions 296

ModusLink Corporation

MARCH 30, 2023

According to data shared by Vue.AI , “more than 60% of online shoppers say that they look at a retailer’s return policy before making a purchase. Unlike the forward view, reverse logistics follow the opposite process. Reverse Logistics and Returns Management Are an Opportunity for Profit.

Sourcing Strategies 78

Sourcing Strategies Reverse Logistics Inventory Reduction Cost Reduction Strategies 78

Logistics Viewpoints

JANUARY 4, 2022

Each year in the United States, the return of goods purchased for the holidays usually peaks on one day in early January; the volume is so significant the day has been designated National Returns Day. This year, due to an increased number of e-commerce purchases, retailers and shippers will experience National Returns Week.

Logistics Network Optimization Software 216

Logistics Network Optimization Software Supply Chain Design Software Forecasting Software Predictive Analytics Software 216

The Logistics of Logistics

MAY 12, 2021

Guy Courtin is Vice President and Industry Principal of Retail at Tecsys, a global provider of supply chain solutions that equip the borderless enterprise for growth. Guy Courtin is Vice President and Industry Principal and Retail at Tecsys , a global provider of supply chain solutions that equip the borderless enterprise for growth.

Retail 245

Retail Logistics Network Optimization Software Supply Chain Software Procurement Solutions 245

20Cube Logistics

JANUARY 16, 2022

It’s odd to imagine that only three years ago most people made purchases in store. The e-commerce industry has exploded and continues to grow each year. As e-commerce sales soar, there is more responsibility for logistics and supply chains. Another high demand for the industry is returns. seamless returns.

Modeling 54

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

Intelligent Audit

JANUARY 9, 2023

As the transportation industry waves goodbye (and good riddance) to 2022, innovative logistics professionals are already working hard to make 2023 a banner year for the global transportation industry. With 2023 ready and raring to go, here are the eight news updates and trends happening in the industry that’s always moving.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Negotiating Skills Transportation Purchasing Skills 52

ModusLink Corporation

NOVEMBER 23, 2022

In September 2022, Reuters reported that “FedEx (FDX.N), United Parcel Service (UPS.N) Reverse logistics and an inevitable load of return orders also impact e-commerce performance and planning with warehouse and distribution logistics. Inventory Logistics and Planning.

Distribution 78

Distribution Supply Chain Planning Software Warehousing Logistics Network Optimization Software 78

TransAudit

DECEMBER 13, 2023

By embracing a circular supply chain, industry leaders can help: Eliminate waste and pollution Circulate products and materials at their highest value Regenerate nature As organizations continue to optimize supply chains , this process can provide significant benefits. The right rebate or trade-in program can encourage additional purchases.

Supply Chain Design Software 88

Supply Chain Design Software Supply Chain Design Supply Chain Software Supply Chain Optimization 88

Intelligent Audit

JANUARY 19, 2023

trillion e-commerce industry continues to grow, top shippers are searching for new ways to stand out from the competition. 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.

Reverse Logistics 52

Reverse Logistics Logistics Network Optimization Software Optimization Software Analytics Software 52

Locus

JUNE 16, 2023

Say you purchase your coveted gadget online, eagerly tracking its journey from warehouse to your welcoming hands. Customer satisfaction and keeping costs in check rests on optimal last-mile delivery operations. Read also: How to Calculate the Cost of Transport 2. Read also: Tackling Vehicle Idling in Last-Mile Logistics 4.

Cost Reduction Strategies 98

Cost Reduction Strategies Expense Reduction Price Reduction Inventory Reduction 98

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

SCMDOJO

NOVEMBER 17, 2023

It’s a fast-paced, evolving industry that has a lot of challenges, but also plenty of rewards, including a potentially lucrative income. We enable them by providing high-quality supply chain on-demand courses, guides, best practices, tools, and mentoring from industry experts.

Supply Chain Planning Software 70

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Negotiating Skills 70

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

Logistics Bureau

APRIL 3, 2023

For example, US-based companies may be quite fortunate if they have access to manufacturers right on their doorstep in Mexico, a country with far lower labour costs than the rest of North America. Through collaboration with your procurement partner, you can reduce inventory levels and then potentially downsize your warehouse capacity needs.

Optimal Sourcing 73

Optimal Sourcing Cost Reduction Strategies Material Savings Inventory Reduction 73

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

Enterra Insights

DECEMBER 28, 2020

Matt Leonard ( @Matt_Lnrd ) reports, “The rate of returns through the e-commerce channel falls anywhere between 15% to 30%, according to a report [from CBRE and Optoro]. Anna Hensel ( @ahhensel ), an editor at ModernRetail, reports, “Some retailers are allowing customers to make in-person returns at other stores.

Reverse Logistics 100

Reverse Logistics Policies Purchasing Skills Procurement Analytics 100

Ware2Go

APRIL 11, 2023

Learn how businesses of all sizes can help build a more sustainable eCommerce industry, with examples of environmentally friendly brands that are leading the way. Many argue that eCommerce is actually more sustainable than the traditional brick-and-mortar shopping model due to efficiencies in fulfillment and logistics.

Examples 52

Examples Sustainability Purchasing Skills Retail 52

Elementum

DECEMBER 20, 2017

The National Retail Federation reports that this year more than 174 million Americans shopped from Thanksgiving through Cyber Monday (a mere five day window), exceeding their projection of 164 million. Last year UPS alone predicted that it would ship 5 million packages back to retailers in the first week of January.

Material Savings 76

Material Savings Supply Chain Design Software Supply Chain Design Supply Chain Strategy 76

Ware2Go

APRIL 20, 2022

Learn how businesses of all sizes can help build a more sustainable ecommerce industry. Many argue that ecommerce is actually more sustainable than the traditional brick-and-mortar shopping model due to efficiencies in fulfillment and logistics. This likely does not account for the impact of reverse logistics.

Sustainability 59

Sustainability Purchasing Skills Hawaii Procurement Analytics 59

Locus

DECEMBER 22, 2021

This was majorly due to their inability to understand and adapt to the changing logistics trends. 2021 may not be a year for the logistics industry to cherish, but it was a year filled with a lot of takeaways. Find out the most important logistics trends that could impact supply chains in 2022. Rewind to 2021!

Logistics Network Optimization Software 52

Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Software Modeling 52

Supply Chain Game Changer

OCTOBER 28, 2020

With the increased prominence of Supply Chain, Logistics and Procurement within organizations, is compensation increasing? The survey was conducted by the Association for Supply Chain Management, the leading industry association in the U.S. 82% of the respondents reported a salary increase over the previous year.

Supply Chain Planning 98

Supply Chain Planning Supply Chain Strategy Purchasing Skills Supply Chain 98

Enterra Insights

FEBRUARY 8, 2021

can expect the long tail impact of the COVID-19 pandemic to be felt in the retail industry for months to come.”[1] The rise in e-commerce during the pandemic has been widely reported. Instead of clicking through to a third-party website, users can make purchases right from the social media app or site. ”[3].

Trends 100

Trends Retail Predictive Analytics Software Manufacturing Procurement 100

Enterra Insights

APRIL 18, 2019

Even when a consumer concludes making an in-store purchase is their best option, they are likely to have used their smartphone to search for other options or to compare prices. The digital path to purchase is becoming the norm for many consumers and both retailers and manufacturers are taking notice. Reverse logistics.

Omnichannel 100

Omnichannel Supply Chain Design Software Supply Chain Planning Software Optimization Software 100

Shipchain

FEBRUARY 14, 2019

Unlike other industries, pharmaceuticals are subject to intense regulation. Even more critical, authenticity and verification of pharmaceuticals in the reverse logistics pharmaceutical supply chain are essential to preventing tragedy. Blockchain Prevents Unsuspecting Purchases of Counterfeit Drugs and Medical Devices.

Pharmaceutical 99

Pharmaceutical Supply Chain Planning Software Supply Chain Strategy Supply Chain Planning 99

GlobalTranz

DECEMBER 7, 2015

The Internet’s large-scale global penetration has spawned an increasingly large number of technology and web-savvy consumers, creating a huge opportunity for both industrial manufacturers and their end customers. Advanced Analytics Continue to Get a Bigger Plate at the Manufacturing Dinner Table.

Manufacturing Procurement 120

Manufacturing Procurement Analytics Software Trends Supply Chain Design Software 120

GlobalTranz

JANUARY 21, 2019

So, let us reflect on the peak shipping season trends we saw at the close of 2018 and how those trends will affect the industry now and throughout 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. Inbound logistics.

Trends 152

Trends Shipping Purchasing Skills Supply Chain Software 152

Intelligent Audit

AUGUST 8, 2022

With retailers bursting at the seams with school supplies, the average consumer has shifted their purchasing habits from pleasure to purpose. Let’s consider six top stories to learn where the industry stands moving into this season. Trucking Industry Foresees Favorable Q3 and Q4 Data. While the U.S.

Supply Chain Planning Software 52

Supply Chain Planning Software Negotiating Skills Purchasing Skills Logistics Network Optimization Software 52

GlobalTranz

AUGUST 28, 2018

The costs of reverse logistics amount to more than $750 billion per year, and the demand for reverse logistics has risen in recent years with the rise of e-commerce. This is why blockchain in reverse logistics go well together. GET YOUR FREE WHITE PAPER. DOWNLOAD WHITE PAPER.

Reverse Logistics 121

Reverse Logistics Cost Reduction Strategies Logistics Network Optimization Software Purchasing Skills 121

GlobalTranz

AUGUST 18, 2015

Understanding the history behind today’s available 3rd Party Logistics Companies will help you understand how the respective entity became involved in the process. Companies based on assets have had years of experience in purchasing trucks and managing warehouse inventories. What Predictive Analytics Are Available?

Logistics Network Optimization Software 120

Logistics Network Optimization Software Analytics Software Company Predictive Analytics Software 120

Supply Chain Game Changer

SEPTEMBER 3, 2020

What Exactly Is Reverse Logistics? Optimize Reverse Logistics article and permission to publish here provided by Raanan Cohen at bringg.com. If you think reverse logistics isn’t relevant to your business, think again. Is your business ready for returns and reverse logistics at scale?

Reverse Logistics 54

Reverse Logistics Modeling Optimization Software Optimization Modeling 54

Supply Chain Game Changer

NOVEMBER 19, 2018

And the reality is that Supply Chain must be cost-effective. Whatever your Industry you should be able to make comparisons to competitors, do benchmarking, and even compare yourself on key metrics across industries. Now the role of Supply Chain is certainly different from one industry to the next.

Negotiating Skills 84

Negotiating Skills Cost Reduction Strategies Purchasing Skills Inventory Reduction 84

Shipchain

OCTOBER 10, 2019

Additionally, CH Robinson reports that interruptions within the supply chain and inabilities to manage data continue to present challenges in achieving supply chain visibility. The logistics operation of one company, especially if those operations do not follow sustainable practices, could push customers further toward your competitors.

Supply Chain Visibility 48

Supply Chain Visibility Real-time Visibility Supply Chain Software Supply Chain Optimization 48

Locus

MAY 15, 2023

According to a study, 55% of consumers prefer to buy directly from brands, and a further 40% of shoppers say they will purchase from a D2C brand in the next five years. In fact, according to a recent report by Mordor Intelligence, the Indian D2C market size was estimated to be at $55 billion in 2022. With an expected CAGR of 34.5%

Cost Reduction Strategies 52

Cost Reduction Strategies Price Mitigation Strategies SCM Supply Chain Strategy 52

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