We use cookies to provide you with a better experience. By continuing to browse the site you are agreeing to our use of cookies in accordance with our Cookie Policy.
  • INDUSTRY PRESS ROOM
  • SUBMISSIONS
  • MEDIA FILE
  • Create Account
  • Sign In
  • Sign Out
  • My Account
Free Newsletters
  • MAGAZINE
    • Current Issue
    • Archives
    • Digital Edition
    • Subscribe
    • Newsletters
  • STRATEGY
  • GLOBAL
  • LOGISTICS
  • MANUFACTURING
  • PROCUREMENT
  • VIDEO
    • News & Exclusives
    • Viewer Contributed
    • CSCMP EDGE 2022 Startup Alley
    • Upload your video
  • PODCAST ETC
    • Podcast
    • White Papers
    • Webcasts
    • Events
    • Blogs
      • Reflections
      • SCQ Forum
    • Mobile Apps
  • MAGAZINE
    • Current Issue
    • Archives
    • Digital Edition
    • Subscribe
    • Newsletters
  • STRATEGY
  • GLOBAL
  • LOGISTICS
  • MANUFACTURING
  • PROCUREMENT
  • VIDEO
    • News & Exclusives
    • Viewer Contributed
    • CSCMP EDGE 2022 Startup Alley
    • Upload your video
  • PODCAST ETC
    • Podcast
    • White Papers
    • Webcasts
    • Events
    • Blogs
      • Reflections
      • SCQ Forum
    • Mobile Apps
Home » New Research from BluJay Finds Customer Experience Overtakes Cost as Top Supply Chain Differentiator
Press releases are provided by companies as is and have not been edited or checked for accuracy. Any queries should be directed to the company issuing the release.

Upload your press release

New Research from BluJay Finds Customer Experience Overtakes Cost as Top Supply Chain Differentiator

September 10, 2019
No Comments

Holland, MI and Manchester, UK - Sept. 10, 2019 - BluJay Solutions, a leading provider of supply chain software and services, today released the findings from its second annual research study in the report, "Focus on Customer Experience: Research on Supply Chain Priorities and Investments." Commissioned by BluJay and conducted by Adelante SCM, in partnership with the Council of Supply Chain Management Professionals (CSCMP), the research explores key topics including customer experience, technology investments, barriers to innovation, partner connectivity, and data in the context of supply chain and logistics innovation.

Supply chain professionals from industries including manufacturing, retail, and logistics service providers (LSPs) were surveyed, with 438 qualified respondents answering a series of questions about innovation, customer experience, and technology. Participants self-identified their company's performance relative to industry peers, along with culture relative to technology adoption (Above Average Performers v. Average or Below Average Performers, and Innovators/Early Adopters v. Laggards/Late Majority, respectively).

"One of the important concepts revealed by the research is that successful companies show by their priorities that they focus on the end result first - in this case, the customer experience," said David Landau, Chief Product Officer, BluJay Solutions. "As opposed to starting with a trendy technology and figuring out ways to use it, there's an interesting case to be made from this data about having greater success with a 'results-oriented supply chain' approach; that is, starting with an end goal of what to accomplish, then figuring out the how. Companies leading in performance and technology adoption show an emphasis on capabilities that deliver tangible benefits to the customer."

Patrick Maley, BluJay's Chief Marketing Officer adds: "We commissioned this research in 2018 to explore the impact of customer experience in the supply chain industry, with a hypothesis that technology adoption, investment drivers, and financial success were becoming more connected. The second annual survey goes further to suggest that customer experience is not only a key driver, but also that being successful in this focus requires seamless partner connectivity and data quality to deliver value efficiently."

Key findings from the survey include:

CUSTOMER EXPERIENCE REIGNS SUPREME

Overall, 61 percent of survey respondents Agree or Strongly Agree that customer experience will overtake price and product as the number-one brand differentiator in the next five years. In addition, 'To deliver an enhanced customer experience' rose to the top of the list as the main driver for supply chain innovation, receiving 30 percent of top factor votes and pulling ahead of 'To reduce costs.'

There was a notable difference, however, between the importance that large and small companies place on the customer experience. More large companies (31 percent) Disagree or Strongly Disagree that customer experience will become the number-one brand differentiator over the next five years when compared with smaller companies (18 percent). The data may indicate that smaller companies view customer experience as a more effective way to compete against their larger peers rather than trying to contend on price alone.

GROWING DEMAND FOR REAL-TIME VISIBILITY AND BI/ANALYTICS

Respondents ranked their top supply chain investments, and overall BI/Analytics received the most top factor votes (22 percent), followed closely by Visibility (21 percent) and Transportation (16 percent).

Real-time freight visibility is one of the hottest investment areas for shippers and LSPs today. Real-time Visibility is also the most important supply chain capability for delivering an enhanced customer experience, according to survey respondents.

GREATER TRADING PARTNER CONNECTIVITY LEADS TO BETTER SUPPLY CHAIN PERFORMANCE

The survey results show that companies that are more electronically connected to their trading partners are more likely to have better supply chain performance.

Electronic Data Interchange (EDI) and Email are the two most common ways data and information are exchanged with trading partners, but APIs are gaining ground, especially among Innovators/Early Adopters.

The survey uncovered that data quality remains an area for improvement across the supply chain. Poor data quality results in poor supply chain visibility, which in turn results in negative consequences including lost sales, higher transportation costs, excess inventory, and reduced customer satisfaction. These results underscore the need for companies to clearly define roles and responsibilities around data quality and start viewing it as a valuable asset worthy of investment.

MAKING SUPPLY CHAIN A C-SUITE CONVERSATION IS CRITICAL TO DRIVING INNOVATION

The survey findings revealed that 'Lack of upper management support for funding/resources' is a top barrier to supply chain innovation. Particularly for Laggard/Late Majority companies, it is the biggest barrier to innovation, receiving 23 percent of top factor votes (compared to 10 percent for Innovator/Early Adopter companies).

These results suggest that Innovators/Early Adopters and Above Average Performance companies are better at developing and communicating the business case for supply chain innovation investments than their counterparts. It could also mean that upper management teams at Innovators/Early Adopters and Above Average Performance companies are doing a better job of creating innovation-driven cultures.

These findings highlight how important it is for supply chain executives to claim a seat at the leadership table and continue to communicate how the supply chain matters to overall business success.

Read the full report, "Focus on Customer Experience: Research on Supply Chain Priorities and Investments" at www.supplychainresearch.info/2019.

More Info: https://www.blujaysolutions.com

Submit your logistics, material handling, or supply chain related company news in Supply Chain Quarterly's's Industry Press Room section or New Products section
  • Related Articles

    Customer Experience Driving Supply Chain Innovation, Report from BluJay Solutions and Adelante SCM

    Gartner CEO survey reveals cost optimization as top issue that chief supply chain officers should focus on in the near future

    Gebrüder Weiss Selects BluJay’s LSP Platform to Deliver Enhanced Customer Experience

You must login or register in order to post a comment.

Report Abusive Comment

Most Popular Articles

  • Survey: most Americans unaware that truckers face shortage of parking spaces

  • Postal Service plans to seize items mailed with fake stamps

  • Best practices in logistics sustainability

  • Supply chain executives not yet seeing expected results from technology investments

  • Inflation drops again as interest rate hikes hit home, NRF says

Featured Video

20221107korber large vs

Enhancing Customer Experience with Your Supply Chain Strategy

Viewer Contributed
With the rise of e-commerce, many businesses have had to transform their warehouses to handle online orders in addition to regularly scheduled inventory shipments. This means warehouses need more information than ever before to ensure they can meet customers' needs. As a result, companies need to select warehouse...

FEATURED WHITE PAPERS

  • Guide to Pallet Rack Safety

  • 3PLs: Complete Orders Faster with Flexible Automation

  • A shipper's guide to navigating post-pandemic holiday freight

  • THE NEW WAY TO WAREHOUSE: 4 Innovations in Automation & Robotics to Boost Warehouse Productivity

View More

Subscribe to Supply Chain Quarterly

Get Your Subscription
  • SUBSCRIBE
  • E-NEWSLETTERS
  • ADVERTISING
  • CUSTOMER CARE
  • CONTACT
  • ABOUT
  • STAFF
  • PRIVACY POLICY

Copyright ©2023. All Rights ReservedDesign, CMS, Hosting & Web Development :: ePublishing