Enterra Insights

DECEMBER 26, 2022

The staff at Wired magazine notes, “Everyone returns a gift or an impulse purchase now and then. Today’s consumers take a lot of factors into consideration when they make a purchase — including product availability, price, delivery dates, and return policies. of all merchandise purchased in the U.S. ”[2].

Pricing Training 130

Pricing Training Purchasing Skills Purchasing Training Procurement Solutions 130

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

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

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. Let’s take a closer look at the current problem and its possible solutions.

Manufacturing Procurement 120

Manufacturing Procurement Procurement Analytics Procurement Solutions Optimal Sourcing 120

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

GlobalTranz

OCTOBER 19, 2018

Fewer users of the software diminish its ability to reduce fraud, increase trust, speed international shipments, and save money, says APPSeCONNECT. How Surface Mode Shippers Can Compete in E-Commerce Logistics. If every company develops an in-house solution, it will be no better than the traditional means of tracking shipment data.

Logistics Network Optimization Software 211

Logistics Network Optimization Software Demand Planning Software Supply Chain Software Material Savings 211

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

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

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

GlobalTranz

OCTOBER 2, 2017

Companies must think of unconventional solutions to meet last mile delivery demands, like Uber, Instacart or Deliv. These app-based last mile logistics providers are disruptors, but they can enable shippers to meet consumers growing demands for faster, tighter delivery Windows. Measure Performance.

Inventory Reduction 363

Inventory Reduction Cost Reduction Strategies Logistics Network Optimization Software Supply Chain Strategy 363

ModusLink Corporation

NOVEMBER 23, 2022

With such drastically different challenges year over year, shippers and BCOs must bolster their business health by focusing on end-to-end e-commerce solutions. With the rising popularity of online ordering, the need for reliable digital shipping logistics and services is more vital than ever. What Is E-Commerce Peak Season? NRF, 2022).

Distribution 78

Distribution Supply Chain Planning Software Warehousing Logistics Network Optimization Software 78

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. smarter solutions are needed.

Modeling 54

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

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

SCMDOJO

JANUARY 17, 2024

With the increase in online purchases, especially after the health crisis of the COVID-19 pandemic, the eCommerce industry is booming like anything. Most eCommerce and online businesses focus on forwarding logistics and last-mile delivery to reduce delivery time. The bad news is that almost 30% of online purchases are returned.

Inventory Reduction 86

Inventory Reduction Supply Chain Planning Software Material Savings Cost Reduction Strategies 86

ModusLink Corporation

NOVEMBER 18, 2021

At that time, pollution wasn’t mentioned by economics scholars, that’s why pollution caused by industries was not part of economic discussions. After recognizing the importance of pollution within the economic systems, a tax was suggested for environmental pollution caused by industries (EM Ojo). 1995, April 12). 181 part B).

Waste Reduction 78

Waste Reduction Sustainability Material Savings Supply Chain Planning Software 78

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. However, as the data suggests, more and more customers want to buy from brands directly and want them to solve any challenges that arise post-purchase.

Cost Reduction Strategies 52

Cost Reduction Strategies Price Mitigation Strategies SCM Supply Chain Strategy 52

GlobalTranz

MAY 26, 2021

Many people associate reverse logistics to simply cover returns, but it is much more broad than that. Beyond answering “what is reverse logistics,” it is important to understand the history of reverse logistics, the benefits of reverse logistics and why it’s a rising practice, especially in aftermarket industries.

Reverse Logistics 223

Reverse Logistics Material Savings Logistics Network Optimization Software Logistics 223

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

Cathy Roberson

JULY 10, 2021

Repairs are one of the three major pillars of reverse logistics - returns and disposition are the other two. As consumers, most of us have made minor repairs on various goods we’ve purchased such as eyeglasses, lamps, and some automotive work. million tons of e-waste, about 46 pounds per person, in 2019.

Supply Chain Design Software 52

Supply Chain Design Software Waste Reduction Expense Reduction Reverse Logistics 52

Cathy Roberson

NOVEMBER 10, 2021

Fashion is the second most polluted industry, representing 10% of global emissions. There’s been a number of technology solutions to enter the market to help speed up and lower the cost of processing returns. In addition, there’s been a number of outsourced solutions from 3PLs and other solution providers.

Purchasing Skills 57

Purchasing Skills Reverse Logistics Supply Chain Optimization Supply Chain Software 57

Locus

JUNE 16, 2023

Say you purchase your coveted gadget online, eagerly tracking its journey from warehouse to your welcoming hands. Labor costs : The logistics industry is currently facing a significant shortage of qualified drivers in the US, causing a surge in truck driver wages, which constitute 33% of a delivery truck’s operational costs.

Cost Reduction Strategies 98

Cost Reduction Strategies Expense Reduction Price Reduction Inventory Reduction 98

BlueYonder

JANUARY 16, 2024

Should we offer them a discount if they return in-store on their next purchase? The Right Answers To harness the potential of returns as a loyalty driver, you’ve got to be able to measure your performance, tie customer’s previous purchase history to their return profile, and process them as efficiently as possible.

Data 79

Data Logistics Network Optimization Software Predictive Analytics Software Purchasing Skills 79

Logistics Bureau

APRIL 3, 2023

Access to Economies of Scale By outsourcing manufacturing, logistics, or other supply chain support activities such as procurement , your company may access the economies of scale enjoyed and passed on by specialist service providers. Your organisation may be one of many that a contract partner serves.

Optimal Sourcing 73

Optimal Sourcing Cost Reduction Strategies Material Savings Inventory Reduction 73

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

BlueYonder

JULY 2, 2021

Consumers participated in other retailers’ deal days, but Amazon Prime Day is still #1: 60% of respondents made a purchase on Prime Day Consumers participated in other deal days from Walmart (35%), Target (26%), Best Buy (15%), and Ebay (8%) 73% of consumers went to Amazon to look for deals first. Where does the retail industry go from here?

Survey 102

Survey Trends Purchasing Skills Supply and Demand 102

Cathy Roberson

APRIL 6, 2022

Despite the number of visibility tools available on the market today, “lack of visibility” continues to be a common complaint in the supply chain market. Are today’s visibility tools missing something? What's missing, if anything, from visibility tools?” But what exactly is visibility?

Real-time Visibility 52

Real-time Visibility Supply Chain Planning Software Supply Chain Design Software Forecasting Software 52

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

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

Locus

OCTOBER 19, 2021

Also, this is the most preferred delivery method for selling time-sensitive products in the pharmaceutical industry. It has become a priority for the pharmaceutical industry as it meets the customers’ need for convenience and safety. Lesson learned: Improve reverse logistics capabilities. Saves time and money.

Pharmaceutical 52

Pharmaceutical Logistics Network Optimization Software Optimization Software Modeling 52

Enterra Insights

DECEMBER 28, 2020

. … The overall rate of returns is growing about 10% annually, which is straining storage space as the reverse logistics process can require 15% to 20% more space than outbound logistics.”[2] As shoppers adjust their purchasing habits, retailers also must adapt to meet and exceed the expectations of their customers.”[5].

Reverse Logistics 100

Reverse Logistics Policies Purchasing Skills Procurement Analytics 100

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

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] Instead of clicking through to a third-party website, users can make purchases right from the social media app or site. And social commerce is on the rise.”[3]. ”[3].

Trends 100

Trends Retail Predictive Analytics Software Manufacturing Procurement 100

Elementum

DECEMBER 20, 2017

Along with more purchases this season, consumer reports predict more returns — and most retailers' disorganized strategy for dealing with them will both sacrifice profit and send thousands of packaged, unused items to landfills. People took notice: some 60% of holiday shoppers say a majority of their weekend purchases were driven by sales.

Material Savings 76

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

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

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

Supply Chain Game Changer

MARCH 9, 2021

logistics, transportation) they often aren’t the subject matter experts in this area. That is the purview of Procurement. From new product planning to reverse logistics and everything in between Supply Chain business processes are the lifeblood of any organization. Even if it a Supply Chain type of business (eg.

Supply Chain Planning Software 90

Supply Chain Planning Software Negotiating Skills Supply Chain Design Software Purchasing Skills 90