Intelligent Audit

FEBRUARY 23, 2022

Most, if not all, companies have yet to unlock the mysteries around reverse logistics. Reverse logistics is everything that happens after a sale, according to the Reverse Logistics Association (RLA), including the following: Returns Repair/refurbishment Repackaging Resell Reuse Recycling. the year prior. .

Reverse Logistics 52

Reverse Logistics Logistics Network Optimization Software Logistics Optimization Software 52

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

Intelligent Audit

AUGUST 18, 2021

Reverse logistics planning has always been an essential aspect of supply chain operations and inventory management, but its impact may surpass anything seen in the modern transportation industry. The Challenge of Reverse Logistics Planning and the Holiday Shopping Season.

Reverse Logistics 52

Reverse Logistics Supply Chain Planning Software Supply Chain Planning Logistics Network Optimization Software 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

FEBRUARY 13, 2017

According to PLS Logistics , global companies will install procurement managers in China for entire organizations by 2025. There was a time when buying a computer was considered a once-in-a-decade purchase, if not once-in-a-lifetime. Organizations Will Streamline Reverse Logistics.

Resource Reduction 205

Resource Reduction Inventory Reduction Trends Logistics Network Optimization Software 205

GlobalTranz

OCTOBER 2, 2017

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 363

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

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 219

Logistics Network Optimization Software Supply Chain Design Software Forecasting Software Predictive Analytics Software 219

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

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 241

Retail Logistics Network Optimization Software Supply Chain Software Procurement Solutions 241

GlobalTranz

DECEMBER 29, 2014

If you are familiar with the term logistics, then you undoubtedly know it conjures up a different meaning to different people , different countries, and different companies even. There are countless number of logistics service providers who offer many different types of broad and niche services. Read the full Post. Read the Full Post.

Logistics Network Optimization Software 243

Logistics Network Optimization Software Reverse Logistics Manufacturing Procurement Logistics 243

GlobalTranz

OCTOBER 2, 2018

Yet, as few as 33 percent of shippers have taken advantage of a transportation management system (TMS), reports Michael of Levans of Logistics Management. This is due to the higher rate of returns associated with e-commerce purchases. Shippers must now address the added costs of free returns from more returned orders.

Logistics Network Optimization Software 198

Logistics Network Optimization Software Material Savings Vendor Strategies Cost Reduction Strategies 198

Intelligent Audit

NOVEMBER 12, 2020

Now, the survey didn’t necessarily emphasize that companies were moving toward logistics analytics. But it did indicate that the overwhelming majority, 81% of simplifying payment processing , while 74% focus more on outsourcing logistics and transportation services. Analytics Must Offer Actionable Insights.

Prescriptive Analytics Software 52

Prescriptive Analytics Software Procurement Analytics Analytics Software Analytics 52

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

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. FedEx Launches Consolidated Returns Service. 12 statement from FedEx. “ 12 statement from FedEx. “ 12 statement from FedEx. “

Logistics Network Optimization Software 52

Logistics Network Optimization Software Negotiating Skills Transportation Purchasing Skills 52

SCMDOJO

NOVEMBER 17, 2023

We enable them by providing high-quality supply chain on-demand courses, guides, best practices, tools, and mentoring from industry experts. We have Courses like S&OP deployment, Supply Chain Digitalization , , and Negotiation in Procurement.

Supply Chain Planning Software 73

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Negotiating Skills 73

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. What do you mean by last mile delivery costs in logistics? Read also: How to Calculate the Cost of Transport 2.

Cost Reduction Strategies 98

Cost Reduction Strategies Expense Reduction Price Reduction Inventory Reduction 98

ModusLink Corporation

NOVEMBER 23, 2022

In September 2022, Reuters reported that “FedEx (FDX.N), United Parcel Service (UPS.N) In September 2022, Reuters reported that “FedEx (FDX.N), United Parcel Service (UPS.N) 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.

Distribution 78

Distribution Supply Chain Planning Software Warehousing Logistics Network Optimization Software 78

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 74

Optimal Sourcing Cost Reduction Strategies Material Savings Inventory Reduction 74

Enterra Insights

DECEMBER 26, 2019

.”[1] In simpler times, shoppers would return items to the stores in which they were purchased — often exchanging them for other items (a win-win for both the consumer and the retailer). E-commerce has forever changed the reverse logistics formula. Some 61% of U.S. ”[3]. retailers $351 billion in lost sales. .”

Reverse Logistics 100

Reverse Logistics Purchasing Skills Manufacturing Procurement Waste Reduction 100

GlobalTranz

JANUARY 21, 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. This the result of more purchases completed online following an in-store promotion, but it proves the value of the brick-and-mortar location in pushing e-commerce sales higher.

Trends 152

Trends Shipping Purchasing Skills Supply Chain Software 152

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? Plus #warehouse.

Real-time Visibility 52

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

GlobalTranz

FEBRUARY 16, 2016

This is the first of a two-part series where I will curate and cull information from my 4 decades of experience in logistics cost reduction at various positions in the supply chain. In this first part, I will focus on 6 places that you can apply to your organization to reduce costs and increase profit. Focus on Labor Costs.

Cost Reduction Strategies 120

Cost Reduction Strategies Inventory Reduction Vendor Strategies Material Savings 120

Ware2Go

APRIL 11, 2023

This likely does not account for the impact of reverse logistics. 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. And we haven’t even begun to talk about waste.

Examples 52

Examples Sustainability Purchasing Skills Retail 52

Locus

APRIL 3, 2023

This refers to planning, coordinating, and executing the flow and storage of goods and services, including activities such as transportation, inventory management, order processing, warehousing, packaging, and security. The use of transportation management systems (TMS) for last-mile delivery is expected to grow at a CAGR of 16.2%

Optimal Sourcing 52

Optimal Sourcing Supply Chain Optimization Optimization Software Supply Chain Planning Software 52

Ware2Go

APRIL 20, 2022

This likely does not account for the impact of reverse logistics. 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. And we haven’t even begun to talk about waste.

Sustainability 59

Sustainability Purchasing Skills Hawaii Procurement Analytics 59

GlobalTranz

DECEMBER 7, 2015

Manufacturers will seek custom (or specifically tailored) e-commerce solutions. A recent report by Frost & Sullivan, “The Future of Parts and Service Retailing in the Automotive Aftermarket” , predicts that by 2025, 10 to 15 percent of all global parts sales will be made online.

Manufacturing Procurement 120

Manufacturing Procurement Analytics Software Trends Supply Chain Design Software 120

ShipBob

SEPTEMBER 20, 2021

The process involves complex steps, from procurement, to shipping products to end users, often resulting in a lack of visibility and high operational costs. In this post, we take a look at how you can improve your end-to-end supply chain operations and create a seamless workflow to enhance visibility and reduce operational costs.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Supply Chain Design Software 52

GlobalTranz

AUGUST 18, 2015

Less than two decades ago, the concept of 3rd Party Logistics Companies were relatively unknown. Trucking companies expanded into providing wholesome solutions for small to mid-sized businesses (SMBs), and shipping intermediaries were trying to make shippers collaborate to move existing shipments towards capacity per haul.

Logistics Network Optimization Software 120

Logistics Network Optimization Software Analytics Software Company Predictive Analytics Software 120

Locus

DECEMBER 22, 2021

Find out the most important logistics trends that could impact supply chains in 2022. From 2022, we can see a steady rise in enterprise businesses investing in last-mile delivery software. Global Last Mile Delivery Software Market was valued at USD 5.38 Optimized reverse logistics . But things have changed today.

Logistics Network Optimization Software 52

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

GlobalTranz

MARCH 25, 2016

As explained by Bob Trebilcock , sustainability in logistics initiatives are ranked as “very important” for up to 40.6 percent, report having implemented sustainable solutions within the last two years. Furthermore, 76 percent of consumers are willing to wait an extra day for climate-friendly transport options.

Sustainability 120

Sustainability Logistics Network Optimization Software Material Savings Logistics 120

GlobalTranz

FEBRUARY 25, 2016

as a result, modern supply chain entities must be willing to transition to a circular supply chain, which includes the entire reverse logistics process , in order to continue to grow and become sustainable in a future without an unlimited supply of resources. Merging of Services and Products. Barriers to the Circular Supply Chain.

Supply Chain Software 120

Supply Chain Software Supply Chain Strategy Supply Chain Supply and Demand 120

20Cube Logistics

JANUARY 16, 2022

It’s odd to imagine that only three years ago most people made purchases in store. As e-commerce sales soar, there is more responsibility for logistics and supply chains. Consumers want a seamless returns experience, which demands for smarter reverse logistics processes. Cost reduction. seamless returns.

Modeling 54

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

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

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

Logistics Bureau

JANUARY 7, 2020

Conversely, just 8% of businesses with less capable supply chains report above-average growth. 2) According to a 2012 report into corporate insolvencies by the Australian Securities and Investments Commission, 44% of businesses in Australia failed because of poor strategic management. Procurement costs.

Inventory Reduction 102

Inventory Reduction Cost Reduction Strategies Supply Chain Design Software Vendor Strategies 102

Talking Logistics

AUGUST 1, 2014

Reports 2014 Second-quarter Results. New Breed specializes in services for omni-channel distribution, reverse logistics, transportation management, freight bill audit and payment, lean manufacturing support, aftermarket support and supply chain optimization. . Dun & Bradstreet Launches Supplier Risk Manager™ 2.0.

Logistics Network Optimization Software 147

Logistics Network Optimization Software Logistics Cost Reduction Strategies New York City 147

Cathy Roberson

AUGUST 1, 2022

This collaboration helps carriers plan capacity needs, temporary seasonal labor requirements, third-party transportation purchases, and more down to the zip code level. New startups and technology solutions have emerged for retailers and other shippers to diversify further. I wear a number of hats these days.

Inventory Reduction 96

Inventory Reduction Forecasting Cost Reduction Strategies Forecasting Software 96