GlobalTranz

JUNE 18, 2015

Needs for efficient reverse logistics systems continue to increase as e-commerce claims greater market share, and as so many traditionally functioning businesses grow and inevitably incur increasing volume of returns. This presents opportunities for developing new revenue streams, an exciting challenge to logistics professionals.

Reverse Logistics 120

Reverse Logistics Optimization Software Demand Planning Software Supply Chain Network Software 120

SCMDOJO

MAY 30, 2024

In this article, we will provide an insightful breakdown of the logistics department and the various professionals that make up this crucial team. From the warehouse manager to the transportation coordinator, each role in the logistics department contributes to the smooth flow of deliveries.

Optimal Sourcing 98

Optimal Sourcing Pricing Training Logistics Network Optimization Software Inventory Reduction 98

Intelligent Audit

DECEMBER 7, 2021

However, one must also consider the opposite side of the coin as retail reverse logistics are likely to come into play more than ever. As a result, we should anticipate an abnormally large amount of returns that can overwhelm the already overcrowded warehouse space.” What Is Reverse Logistics Cost Management?

Reverse Logistics 52

Reverse Logistics Cost Reduction Strategies Purchasing Skills Logistics Network Optimization Software 52

Intelligent Audit

DECEMBER 2, 2021

Parcel reverse logistics and returns management can be strenuous tasks for any company. billion annually, reports Supply & Demand Chain Executive. billion annually, reports Supply & Demand Chain Executive. What Is Parcel Reverse Logistics ? Track Parcels Moving Throughout the Reverse Supply Chain.

Reverse Logistics 52

Reverse Logistics Logistics Network Optimization Software Logistics Supply Chain Software 52

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

Enterra Insights

OCTOBER 26, 2021

In the age of e-commerce, the digital path to purchase has a side trail called “Returns.” ” Journalist Suzanne Kapner reports, “The share of online purchases that are returned averages 30% or higher, depending on the category, three times the rate in physical stores.”[1] Reverse Logistics Strategies.

Waste Reduction 130

Waste Reduction Reverse Logistics Inventory Reduction Cost Reduction Strategies 130

Enterra Insights

OCTOBER 22, 2021

The bane of e-commerce is the large percentage of purchased items that are returned. As noted in the initial installment of this article, Elise Dopson reports, “Data suggests that 20% of online-bought products are returned, compared to just 9% of items bought in a brick-and-mortar store.”[1] Get Consumers to Keep What They Purchase.

Waste Reduction 130

Waste Reduction Cost Reduction Strategies Reverse Logistics Eliminating Excel in Purchasing 130

ModusLink Corporation

NOVEMBER 23, 2022

Warehouse and distribution professionals understand that the timeline of order processing has ebbed and flowed significantly over the last few years. In September 2022, Reuters reported that “FedEx (FDX.N), United Parcel Service (UPS.N) Introduction. E-commerce return rates can often be expected to account for more than ¼ of all sales.

Distribution 78

Distribution Supply Chain Planning Software Warehousing Logistics Network Optimization Software 78

SCMDOJO

MAY 30, 2024

What are the key roles and responsibilities of the logistics department? This article will provide an insightful breakdown of the logistics department and the various professionals that make up this crucial team. Welcome to our comprehensive guide on the logistics department and the key players involved in the delivery process.

Optimal Sourcing 52

Optimal Sourcing Logistics Network Optimization Software Pricing Training Inventory Reduction 52

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

ShipBob

AUGUST 11, 2023

When it comes to supply chains and logistics management, warehousing is a crucial aspect of the operation. Most people think of a warehouse as simply a large commercial space with products scattered throughout. 14 best warehouse types for modern ecommerce Warehousing is far from a one-size-fits-all solution.

Warehousing 52

Warehousing Supply Chain Design Software Inventory Reduction Cost Reduction Strategies 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

Logistics Viewpoints

JUNE 1, 2023

This means they are more likely to focus on value and affordability and change their priorities and brand preferences when making purchases. They are more likely to shop for discounts and sales and may delay purchases of some items. Due to the workforce layoffs, consumers have less disposable income.

Supply Chain Planning Software 218

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Software 218

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 242

Logistics Network Optimization Software Supply Chain Design Software Forecasting Software Predictive Analytics Software 242

Unleashed

JANUARY 16, 2023

The role of a third-party logistics company A 3PL company can be useful for handling many of the fulfilment processes normally tackled in-house. Cut storage costs. Warehousing costs are rising. 3PL warehouses, however, often have higher order values through their retail partners which justifies the price.

Third Party Logistics 98

Third Party Logistics Logistics Network Optimization Software 3PL Inventory Management Software 98

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

Supply Chain Game Changer

SEPTEMBER 28, 2022

Historically Supply Chain was considered to include Procurement, Warehousing, Freight and Logistics. Procurement negotiates and sets the conditions for purchase of all goods and services, which by extension impacts cash flow. Further your Procurement team interacts with third parties all of the time.

Negotiating Skills 118

Negotiating Skills Negotiate Pricing Supply Chain Planning Software Supply Chain Strategy 118

Unleashed

APRIL 12, 2023

Conversely, B2C order fulfillment offers rapid, low-cost, and often free, shipping. B2B procurement contracts can last for prolonged periods and be worth millions of dollars. B2C may result in a one-time only purchase by a customer compared to long-standing orders for B2B fulfillment.

Supply Chain Planning Software 52

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

Ware2Go

APRIL 10, 2022

Then comes the added complication of reverse logistics. In fact, 88% of consumers say that sustainability is an important consideration when they’re making a purchase decision, and 66% say that sustainability has become more important to them as a result of the pandemic. What’s more, consumers care about sustainable shipping.

Sustainability 98

Sustainability Shipping How To Procurement Analytics 98

Unleashed

DECEMBER 6, 2021

We’ve identified 6 important categories that wholesaling features fall under: Inventory management Supply chain Customer orders Warehouse management Data and analytics Key software integrations And within these categories, we give you 17 features to look for – and why they’re important. Warehouse management 9.

Inventory Management Software 98

Inventory Management Software Supply Chain Design Software Supply Chain Planning Software Analytics Software 98

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. Going back to reverse logistics, consumers expect a hassle-free, cost-free returns process.

Logistics Network Optimization Software 198

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

6 River Systems

DECEMBER 13, 2019

Optimizing your warehouse means examining every corner of your infrastructure and every facet of your workflows and processes to identify and correct inefficiencies. Not only does warehouse optimization result in a healthier bottom line, but it also improves key warehouse metrics like accurate orders and on-time delivery.

Optimal Sourcing 81

Optimal Sourcing Optimization Software Price Mitigation Strategies Modeling 81

SCMDOJO

JANUARY 17, 2024

They are in charge of purchasing, procurement, and sourcing. Logistics in this context can refer to both delivering orders to customers and moving the company’s inventory (e.g., They supervise the whole operation, from forecasting demand and planning production to procurement and logistics.

Purchasing Skills 98

Purchasing Skills Negotiating Skills Optimal Sourcing Manufacturing Procurement 98

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 Manufacturing Procurement 100

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., warehouses) being built across the U.S.

Omnichannel 100

Omnichannel Procurement Analytics Supply Chain Design Software Analytics Software 100

Ware2Go

MARCH 13, 2023

In fact 60% of consumers report that they are more likely to make a purchase when a sustainable shipping option is available. Then comes the added complication of reverse logistics. Offsetting Carbon Emissions Purchasing carbon offsets is a simple and impactful way for merchants to make ship more sustainably.

Sustainability 52

Sustainability Shipping How To Procurement Analytics 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

GlobalTranz

APRIL 13, 2018

Customer service is more important than ever, and customers expect purchases to arrive at record speeds with free or low-cost shipping, says GlobeCon Freight Systems. Warehouse managers used to oversee somewhat reasonable-sized warehouses that were separated by channel.

Supply Chain Software 130

Supply Chain Software Supply Chain Strategy Supply Chain Optimization Supply Chain 130

The Logistics of Logistics

MAY 12, 2021

Over 30% of ecommerce purchases are returned, which is an enormous cost and logistics problem. Smart companies will use the returns/reverse logistics process as another opportunity to engage with the customer. Tecsys’ shares are listed on the Toronto Stock Exchange under the ticker symbol TCS. .

Retail 245

Retail Logistics Network Optimization Software Supply Chain Software Procurement Solutions 245

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

Freightos

OCTOBER 26, 2020

The following is a 5,000 word exploration of Maersk’s strategic shift to end-to-end logistics services, based on open sources. The free report is available in PDF with supporting spreadsheets and high-resolution infographics here. Other sources reported that DB Schenker was not the only forwarder making this shift.

Logistics Network Optimization Software 298

Logistics Network Optimization Software Supply Chain Design Software Supply Chain Planning Software Price Reduction 298

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 75

Optimal Sourcing Cost Reduction Strategies Material Savings Inventory Reduction 75

SCMDOJO

NOVEMBER 17, 2023

We have Courses like S&OP deployment, Supply Chain Digitalization , , and Negotiation in Procurement. Best Practices like Logistics KPI Dashboard , Inventory Optimization Tool , Excess and Obsolete Inventory Guide , etc. They are crucial for navigating the multifaceted challenges of the logistics industry.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Negotiating Skills 98

Enterra Insights

SEPTEMBER 12, 2019

The staff at Legacy Supply Chain Services explains, “Consumers expect to find the products they want both in-store and online, to use technology to make purchases with the swipe of a finger and to have their purchase delivered to their doorstep the very next day. Lack of Inventory Visibility and Metrics. Reverse Logistics.

Omnichannel 100

Omnichannel Logistics Network Optimization Software Retail Inventory Reduction 100

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 global last-mile delivery market size is expected to reach $61.57 billion by 2025, growing at a CAGR of 16.7%

Optimal Sourcing 52

Optimal Sourcing Supply Chain Optimization Optimization Software Supply Chain Planning 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: Tackling Vehicle Idling in Last-Mile Logistics 4.

Cost Reduction Strategies 98

Cost Reduction Strategies Expense Reduction Price Reduction Inventory Reduction 98

Locus

OCTOBER 16, 2022

A last-mile reverse logistics plan has become essential for providing a superior and delightful customer experience. It’s time to learn about the other half of the last-mile delivery—reverse logistics. What is last-mile reverse logistics? How to ace last-mile reverse logistics?

Reverse Logistics 52

Reverse Logistics Logistics Network Optimization Software Optimal Sourcing Sourcing Strategies 52