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. Naturally, the costs of meeting such expectations, especially on the delivery front are also increasing.

Cost Reduction Strategies 98

Cost Reduction Strategies Expense Reduction Price Reduction Inventory Reduction 98

Supply Chain Game Changer

JULY 21, 2021

Supply chain key performance indicators and metrics are ways in which someone can quantify the performance of their company’s supply chain to gain a better understanding of its strengths and weaknesses. Amazon is an example of a service that guarantees very quick lead times for customers with its 2 day shipping for Prime members.

Supply Chain Planning Software 98

Supply Chain Planning Software Negotiating Skills Purchasing Skills Manufacturing Procurement 98

Talking Logistics

DECEMBER 1, 2017

The mad dash begins to finish all the work that needs to get done before 2018 arrives, so without delay, here’s the supply chain and logistics news that caught my attention this week: E-Commerce Boosts U.S. Shipping Networks (WSJ – sub. Logility Acquires Halo Business Intelligence to Expand Advanced Analytics.

Logistics Network Optimization Software 0

Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Network Software Optimization Software 0

crisp

OCTOBER 20, 2022

In this guide, we’ll show you what metrics those are, easy ways to find them, and how you can use them to accelerate your brand’s retail growth. Now that you know how to access your retail data easily and often, here are the metrics you’ll want to keep on hand: Velocity. Retail data: A brand’s greatest asset. Distribution.

Procurement Analytics 98

Procurement Analytics Inventory Reduction Data Waste Reduction 98

Locus

JULY 10, 2023

Let’s look at the numbers for a moment: Statista predicts that global e-commerce sales will hit an astounding $8.1 Read also: Retailer guide to peak season shipping But there’s a catch. It’s crucial that supply chain managers receive data-driven insights into their logistics operations. trillion by 2026.

Supply Chain Optimization 52

Supply Chain Optimization Real-time Visibility Optimization Software Agile and Lean Supply Chain 52

Locus

APRIL 3, 2023

All successful modern-day businesses rely on an efficient system of logistics management. An effective logistics solution is critical for optimizing supply chain efficiency, reducing costs, improving customer satisfaction, and supporting sustainability goals. What is logistics management? What is logistics management?

Optimal Sourcing 52

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

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. View sustainability reports for preferred suppliers and identify areas for improvement. Track and evaluate suppliers’ sustainability ratings .

Material Savings 52

Material Savings Waste Reduction Supply Chain Software Vendor Strategies 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. Fighting climate change with green logistics. By establishing the concept of eco-friendliness in your supply chain, a green logistics system can be introduced. Download Now!

Negotiating Skills 52

Negotiating Skills Negotiate Pricing Purchasing Skills Optimal Sourcing 52

EC Sourcing Group

OCTOBER 26, 2021

However, the use of information technology in supply chain management has streamlined the world of procurement and purchasing through supply chain management, cloud software, and other types of IT that help boost supply chain efficiency. Cost reduction. Logistics and shipping management. These include: Forecasting.

Supply Chain Software 52

Supply Chain Software Logistics Network Optimization Software Inventory Management Software Analytics Software 52

Kinaxis

JULY 19, 2017

HP has a printer that can order ink and have it shipped directly to your door automatically. He relayed how he saw a demo of true shelf-aware systems at a retail location that sends alerts in real-time when a stock out happens directly to a mobile phone. Recognize drones have the potential to redefine the cost of last-mile logistics.

Supply Chain Design Software 279

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Gartner 279

Locus

DECEMBER 23, 2022

Not only this, 62% of online shoppers in the US say delivery speed is what makes for a good purchase experience. Many retailers try to adhere to customer preference in attempting to commit to faster delivery times but fail in the long term due to capacity and cost constraints, leading to subpar delivery experiences for customers.

Analytics Software 52

Analytics Software Retail Supply Chain Planning Software Demand Planning Software 52

Unleashed

OCTOBER 4, 2023

The order fulfilment process covers every step required to get goods to the people who purchase them, from the moment a customer places an order to when they receive their purchase. Shipping and logistics: Selecting the appropriate shipping method, arranging transport, and coordinating with couriers for delivery.

Inventory Reduction 52

Inventory Reduction Sourcing Strategies Resource Reduction Cost Reduction Strategies 52

Locus

JUNE 23, 2023

For the past day, an important news story has been making headlines in the logistics management communities in the US. With an efficient order fulfillment process, businesses can reduce their shipping costs and improve their turnaround times which helps them increase their sales and revenue. What’s that? Why is it important?

Inventory Reduction 52

Inventory Reduction Cost Reduction Strategies Resource Reduction Vendor Strategies 52

GlobalTranz

APRIL 6, 2016

The transportation management system is undoubtedly one of the buzzwords of the modern logistics industry. As a result, the use of the TMS is expanding, and it will be one of the greatest technology trends to benefit the shipping industry in 2016. Let's take a look at why it’s expanding and how it will benefit the shipping industry.

Supply Chain Design Software 120

Supply Chain Design Software Supply Chain Planning Software Transportation Management Demand Planning Software 120

Locus

NOVEMBER 10, 2021

The typical 24-hour online sale was extended to 11 days, reporting about 200,000,000 global transactions. A growing number of customers want to truly make a difference and are becoming careful about their purchases. The Logistics of Singles’ Day 2021: Powered by Locus. The Logistics of Singles’ Day 2021: Powered by Locus.

Optimal Sourcing 52

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

Unleashed

JANUARY 14, 2024

It refers to the process of purchasing, storing, and tracking the various goods required to build a product. The goal of manufacturing inventory management is to balance the supply and demand of products and minimise manufacturing costs and waste. For this reason, food manufacturers in particular run a high risk of spoilage and waste.

Inventory Management Software 52

Inventory Management Software Manufacturing Procurement Inventory Reduction Inventory Management 52

ThroughPut

JUNE 4, 2020

Also in 2015, the global cost of overstocking goods was $470 billion , while the cost of under-stocking was more than $600 billion. With accurate Inventory Optimization, manufacturers can streamline stocking issues using predictive analytics and data-driven insights. . Demand forecasting. Lack of automation.

Optimal Sourcing 52

Optimal Sourcing Inventory Reduction Inventory Management Software Optimization Software 52

ThroughPut

JUNE 4, 2020

Also in 2015, the global cost of overstocking goods was $470 billion , while the cost of under-stocking was more than $600 billion. With accurate Inventory Optimization, manufacturers can streamline stocking issues using predictive analytics and data-driven insights. . Demand forecasting. Lack of automation.

Optimal Sourcing 52

Optimal Sourcing Inventory Reduction Inventory Management Software Optimization Software 52

Shipchain

OCTOBER 10, 2019

The problems existing within supply chain visibility go back to issues with tracking shipments after shipping to consumers. Additionally, CH Robinson reports that interruptions within the supply chain and inabilities to manage data continue to present challenges in achieving supply chain visibility.

Supply Chain Visibility 48

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

Locus

DECEMBER 15, 2022

As a result, it increases your warehouse storage and delivery logistics costs. Shipping carriers won’t operate during these times. Delivery exceptions are inevitable in this modern world of logistics. To enable a delightful post-purchase experience, it is essential to have successful delivery exception responses.

Real-time Visibility 52

Real-time Visibility Predictive Analytics Software Supply Chain Planning Software Optimal Sourcing 52

CH Robinson Transportfolio

APRIL 29, 2021

While the industry has been undergoing a digital transformation for some time, the current environment is accelerating the need for supply chain leaders to invest in technology solutions like visibility, artificial intelligence (AI), and predictive analytics to drive better resilience, agility, and performance.

Real-time Visibility 44

Real-time Visibility Gartner Prescriptive Analytics Software Supply Chain Design Software 44

Shipchain

JANUARY 8, 2020

The package you’ve been patiently waiting for (probably no more than two days with how we’ve become accustomed to fast, free shipping) finally arrives, and the contents are damaged. As per The State of Online Shopper Expectations and Actions study published by PARCEL , 64% of online shoppers have reported receiving a damaged product.

Purchasing Skills 62

Purchasing Skills Procurement Analytics Supply Chain Software Packaging 62

Locus

DECEMBER 6, 2022

According to a recent report, companies that earn $1 billion annually can expect to earn, on average, an additional $700 million within three years of investing in customer experience. So there’s less friction, fewer failed delivery attempts and big cost savings for your business. Try a demo with us! Schedule Demo.

Optimal Sourcing 52

Optimal Sourcing Shipping Sourcing Strategies Purchasing Skills 52

Talking Logistics

JULY 22, 2015

One of my supply chain and logistics predictions for 2015 was that 3PLs and software vendors would focus more on acquiring small and midsized business (SMB) clients this year. The post TMS in the SMB Market: The Evolution Toward Software-as-a-Self-Service appeared first on Talking Logistics with Adrian Gonzalez.

Logistics Network Optimization Software 100

Logistics Network Optimization Software Modeling Software Supply Chain Planning Software Predictive Analytics Software 100

Locus

JANUARY 8, 2024

The commitment to supply chain transparency is evident, with only a slim 4% of retailers lacking visibility into their logistics. What’s more, nearly a fifth are at the forefront, harnessing advanced tools like control towers and analytics to maintain their competitive stance.

Logistics Visibility 52

Logistics Visibility Real-time Visibility Cost Reduction Strategies Logistics Network Optimization Software 52

Locus

SEPTEMBER 20, 2023

In the heart of the Arabian desert, Saudi Arabia is crafting a logistics revolution. Salah Taha is an Executive Director at Starlinks, managing 3PL, E-commerce, and cold chain logistics. As its crucial tech partner, Locus supports its logistics services with functionalities like end-to-end visibility and analytical insights.

Saudi Arabia 52

Saudi Arabia 3PL Analytics Software Logistics Network Optimization Software 52

Locus

MAY 25, 2022

consumer shipping companies: Customer experience 2017-2022. But today, nothing can be more heartbreaking to a customer than a business breaking its delivery promise on their prized purchases. – Consumer experience with consumer shipping companies in the United States from 2017 to 2022, Statista, 2022. Offer free shipping.

Sourcing Strategies 52

Sourcing Strategies Inventory Reduction Cost Reduction Strategies Price Mitigation Strategies 52

Precoro

JUNE 17, 2024

A supply chain is a logistical system consisting of the buying company and its partners, such as suppliers, delivery agents, and distributors, that encompasses the process of turning raw materials or goods into the final product and distributing them to customers. Let's look at the most common risks that can affect supply chains.

Supply Chain Planning Software 105

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Sourcing Strategies 105

Locus Robotics

JULY 5, 2019

These changes, of course, can profoundly affect entire industries such as logistics. The SIP for robotics in logistics is now. We recently conducted a Locus demo and presentation for 30 supply chain executives with a very large global brand. Online purchases will only become more a part of everyday life.

Warehousing 40

Warehousing Cost Reduction Strategies Vendor Strategies Price Reduction 40

AB&R

DECEMBER 10, 2018

According to The Data Capture Report, 86% of companies will significantly increase their IoT budget in the next 1-2 years [2]. From online shipping to pizza convenience, companies are quickly jumping on the automated locker trend. Check out the demo below of an Apex Locker System to learn more. 2) Internet of Things (IoT).

Supply Chain Design Software 40

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Trends 40

Unleashed

NOVEMBER 23, 2023

Order management systems simplify the purchase process for customers and make it easier for businesses to manage orders, inventory, fulfilment, and returns. They help you fulfil orders faster by automating previously manual tasks from your purchasing and fulfilment processes for you and your customer.

Inventory Management Software 52

Inventory Management Software Supply Chain Design Software Supply Chain Planning Software Analytics Software 52

Locus

OCTOBER 27, 2023

According to the 2023 InMobi Festive Season Report, 84% of Indian consumers revealed a spike in their online shopping budgets compared to just a year ago. Additionally, a comprehensive report from Ernst and Young showcases that a noteworthy 31% of Indian consumers place experience at the forefront when deciding where to spend.

Optimization Software 59

Optimization Software Logistics Network Optimization Software Demand Planning Software India 59

Locus

MARCH 27, 2024

Additionally, optimizing the logistics of returns by strategically planning routes and fully utilizing vehicle space can significantly reduce operational expenses. Read Also: The History, Evolution and Future of Reverse Logistics 2. Read Also: Omnichannel Retail Fulfillment and the Role of Logistics 3.

Cost Reduction Strategies 52

Cost Reduction Strategies Expense Reduction Inventory Reduction Resource Reduction 52

ShipBob

APRIL 22, 2022

In recent years, social media platforms have begun rolling out more robust native purchasing capabilities. Social media itself has been a driving force for brand discovery for many years now, but that final step of completing a purchase has historically happened on a retailer’s website or app. Examples of social commerce in action.

Purchasing Skills 98

Purchasing Skills Logistics Network Optimization Software Sourcing Strategies Price Reduction 98

GTG Technology Group

JULY 28, 2021

Intermodal marketing companies are all about the logistics. Their goal is to purchase capacity directly from railroads and trucking firms to give the shipper or customer that door-to-door service. The shipping alone is enough of a stress point on its own. The answer: Intermodal Marketing Companies!!

Company 46

Company Procurement Solutions Logistics Network Optimization Software Vendor Strategies 46

ThroughPut

APRIL 6, 2020

Managing inventory is one of the most crucial aspects of supply chain optimization as it affects several other parts of your supply chain, including procurement, order fulfilment and production planning. This is very helpful, especially when you use data pulled from real-time analytics. This helps solve several problems for them: 1.

Optimal Sourcing 59

Optimal Sourcing Optimization Software Supply Chain Planning Software Supply Chain Design Software 59

ThroughPut

APRIL 2, 2020

Managing inventory is one of the most crucial aspects of supply chain optimization as it affects several other parts of your supply chain, including procurement, order fulfillment, and production capacity planning. This is very helpful, especially when you use data pulled from real-time analytics. Inventory control.

Optimal Sourcing 52

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