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Download the WhitePaper: Over the Road Freight Management Trends. A Possible Stimulus on the Horizon May Increase the Challenge of Procurement Through Peak Season. A stimulus on the horizon further increases the risks of a higher trend in consumer purchasing. transportation metrics ?that Focusing on the?
I see a preponderance of reports and whitepapers that have lots of pages but say little. Optimization engines to improve functional metric performance resulted in an exploding number of planners. days to receive a purchase order confirmation. The average purchased order changes 3.5 Back to John.
WhitePaper: Hidden Risks and Costs in an Offshore Supply Chain. In fact, our friends over at the Rodon Group, with whom we’ve started an ongoing blog collaboration, starting with this post and more to come, have written a WhitePaper entitled, “ Hidden Risks and Costs in an Offshore Supply Chain.”
Ask yourself, “Are your supply chain metrics bogging you down?” ” To manage a supply chain containing complex dependencies between teams, departments and partner companies across international boundaries requires a rich set of metrics. Functionally isolated metrics lead to sub-optimized supply chain performance.
Data analytics can be applied to virtually any supply chain process, and analytics hold great value in managing retail supply chains. Defining retail needs is not an easy process, but data is king and can help companies sift through the needs and wants of customers, reports Arthur Zaczkiewicz of WWD. GET YOUR FREE WHITEPAPER.
Analysis of Weapons Systems Parts and Materials Source: Exiger Exiger used its 10 billion supply chain records to develop a dashboard illuminating more than 20,000 shipments of direct purchases of tungsten, tellurium, bismuth, indium, and molybdenum since the start of 2024.
Streamlining returns is an integral part of developing an omnichannel warehouse, and, with up to 30% of all e-commerce purchases returned, reports Business2Community , warehouse managers must include returns capabilities in existing warehouses. WHITEPAPER] The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018.
The days of managing channels on an individual basis are over, and consumers are using multiple devices and e-commerce platforms for nearly all purchases. individuals over the age of 15 at some point use e-commerce platforms to make purchases, asserts Business Insider. Download WhitePaper. In fact, 78% of U.S.
Up to 62 percent want to purchase online and have the option of returning it in-store, and 47 percent want promotions and coupons available through their smartphone. Poor performance of new offerings leads to reduced profitability, reports McKinsey & Company. Download WhitePaper. GET YOUR COPY HERE.
Today’s guest post comes from Lydia Bals, who presents project PERFECT’s recent insights on competences in purchasing & supply management. Digitization is expected to particularly impact PSM operational tasks with regards to automation: Sub functions, especially taking care of the purchase-to-pay process, are expected to disappear.
Meanwhile, more companies are turning to entities outside of the company, like third-party logistics or integrators (3PLs and 3PIs) to manage omnichannel supply chains , reports Maarten Baltussen of Supply Chain Digital. WHITEPAPER] The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018.
In the first post our long tme guest blogger, Chuck Intrieri of The Lean Supply Chai n, gave us 5 core metrics to evaluate supplier performance using supplier quality management and a 4 step process to execute. Review of SQM Metrics and Issues Across 5 Core Industries. #1: Trend Metrics Collected per Site. Medical Devices.
Technology allows shippers to work smarter, faster and with fewer human resources, and new technologies, such as drones and augmented reality, are continuing the process, reports Victoria Kickham of Logistics Brief. Dropshipping refers to manufacturers sending products directly, but products are purchased through a third-party.
Artificial intelligence (AI) is becoming more mainstream, and machine-aided purchases, such as voice ordering thru voice assistants like Amazon’s Alexa, are beginning to permeate everyday households. Supply chain executives express concerns over costs, disruptions to productivity, time delays, and impact on data. Download whitepaper.
Primary Challenges in an E-Commerce Shipping Strategy Developing an e-commerce shipping strategy is about more than just considering e-commerce; e-commerce may include the omnichannel purchases in which customers use a variety of online and in-store devices and experiences to make a final decision and complete a purchase.
The second part of Drucker’s quote, “if you can't measure it, you can't improve it,” really brings home the importance of having the right set of metrics. In the field of supply chain management, we have created an abundance of metrics and key performance indicators (KPIs). requires a different set of metrics.
More advanced ones can structure and clean the data before dumping it into a format for reporting. 3 Get the metrics right. Supplier metrics should be captured about monthly. Building a new supplier scorecard program can have a major impact on the costs and value of your procurement and purchasing functions.
Transportation Metrics That Matter Most to Track and Improve Performance : How do you measure logistics efficiency and transportation metrics performance indicators when you are already doing the best job possible? To add insult to injury, they also rarely have reporting mechanisms to properly monitor those expenses.
Since only 11 Incoterms exist in the Incoterms 2010 ruleset, some companies, as well as purchasers and consumers, may need to know additional information about a product. GET YOUR FREE WHITEPAPER. DOWNLOAD WHITEPAPER. Such information may be defined within individual SLAs.
Supply Chain Executives May Not Understand Blockchain Technology Although blockchain technology has been a major talking point in the supply chain, 2018 is the year in which blockchain testing programs will become real-world platforms, reports ComputerWorld.com. Download WhitePaper. GET YOUR COPY HERE.
WHITEPAPER] The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018. Download whitepaper. Walmart projects a 40-percent growth in online sales throughout 2018, paired with a 3-percent net growth, as to the left, reports Daniel Keyes via Business Insider.
Although not subject to the risk of cybersecurity, the costs of manual processes and systems management can be up to 31-times greater than those of digital systems, reports informIT. WHITEPAPER] The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018. Download whitepaper.
WHITEPAPER] The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018. Download whitepaper. If a consumer wants to view a product on a smart device while in-store, they are 20-percent more likely to complete the purchase. So, Omnichannel Is Not Dead? Not exactly. It is just shopping.
WHITEPAPER] The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018. Download whitepaper. Due to this focus on the customer, consumers will reward those who have taken the leap into supply chain technology implementation by making more purchases, thus increasing revenues.
government procurement of critical components. companies may also have indirect exposure to Russian titanium and nickel through the import of products from companies that directly purchase Russian titanium and nickel. national security and the sustainment and procurement related to critical U.S. Companies The U.S.
Navigating the latest tariffs, and the resulting ripple effects on currencies along with fluctuations in labor costs make it increasingly difficult for companies managing complex multinational supply chains to make effective sourcing, purchasing and production decisions fast enough to stay competitive. So what’s the answer?
Distribution center robots are a force in the Amazon powerhouse, reports the Association for Advancing Automation. When Amazon purchased Kiva robots, distribution center robots became the new “shiny object turned real-world effective object” of e-commerce fulfillment. Download whitepaper.
WHITEPAPER] The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018. Download WhitePaper. The idea is to use third-party resources with white-label branding, allowing for a seamless experience for customers. Ship next-business-day as standard shipping for e-commerce purchases.
WHITEPAPER] The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018. Download whitepaper. In addition, they also write business reports and proposals. In this article, he writes about the characteristics of an effective supply chain manager. .
Brick-and-Mortar Retail Is Often Left Behind in the Digital Inventory Management Conversation As explained by William Terdoslavich of DMN News , customers expect instant gratification when purchasing products in-store, and the same feeling exists when making an online purchase. Download WhitePaper. GET YOUR COPY HERE.
Claritum Article - Procurement Blog. We’ve compiled a list of some of the best must read procurementwhitepapers and analyst reports (in no particular order of importance or preference) covering a variety of topics such as supply chain management, tail spend and the future and digitization of procurement.
E-commerce is growing faster than ever, and more consumers are leveraging online platforms in making purchasing decisions. In fact, two-thirds of consumer shopping journeys include internet research, reports McKinsey & Company , as well as word-of-mouth recommendations and past experiences. Get Your Free WhitePaper.
Using a combined blockchain and reverse logistics strategy can help alleviate these costs, and supply chain executives need to understand a few things about it Reverse Logistics Carry High Risk in Supply Chain Management Risk within reverse logistics is higher than that and forward logistics. GET YOUR FREE WHITEPAPER.
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. WHITEPAPER] The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018. Download whitepaper.
Even in blockchain, errors in data entry will result in continuous compounding negative effects and incorrect supply chain analytics insight. GET YOUR FREE WHITEPAPER. DOWNLOAD WHITEPAPER. An Introduction to Blockchain and Its Potential Benefits and Drawbacks in Supply Chain Management.
One of our newest SCRC partners, Siemens Building Technologies, recently shared their insights on creating an analytics strategy. This effort was led by the Chief Procurement Officer for Siemens BT, Carl Oberland, but has recently been rolled out across the global organization.
Business-to-business (B2B) purchasers have a stake in ensuring B2B suppliers, partners, and distributors can fulfill orders and provide enough information about such transactions to meet end-user demands. In other words, the same demands of consumers exist in B2B purchasers. GET YOUR FREE WHITEPAPER.
In addition, retailers around the globe struggle to stay competitive with the e-commerce behemoth, Amazon, reports Huemor. Get your free whitepaper. Digitization and automation within the supply chain will become major trends in e-commerce logistics, and power shippers to move more product, and at lower costs.
billion with FedEx’s purchase of GENCO Distribution System Inc., reports the United States Postal Service Office of Inspector General. In conjunction with greater customer demands for low-cost, easy returns, shippers must understand the role of parcel in reverse logistics with greater resolve. Download Here.
The report provides a cautionary, optimistic view of the coming months saying, “Many unsettled issues are still outstanding […]. It is no longer just about slashing costs, you have to reduce costs and improve service levels at the same time. WhitePaper: Successful Sales and Operations Planning in 5 Steps.
Full Truckload WhitePaper Series. Access our complete Full Truckload Shipping WhitePaper Series. Consumers will shop elsewhere, explains Stacey Rudolph of Business2Community , and the same fact holds true for consumers presented with unexpected shipping costs. Download Here. New Series.
I recently completed a study of 25 CPO’s, each providing their view of what procurement will look like in 2025. You can download the full report at this link. Procurement has a history that is linked in the core concepts of centralization, volume leveraging, and cost reduction.
My firm conducts the survey every couple of years and we recently finished up our 2018 survey findings report, which is available here. GET YOUR FREE WHITEPAPER. DOWNLOAD WHITEPAPER. When selling logistics, we all want to paint a picture of a better future, post purchase.
Last-mile shipping will change as people expect goods to be delivered to people, likely based on live location reporting from their cellphone. Your Cellphone : We mentioned mobile consumer purchasing habits above…but B2B transactions are increasingly being conducted over the phone too. Download the whitepaper!
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