by Fronetics | Jul 31, 2017 | Blog
The Fronetics blog will be taking a brief summer vacation.
Starting today, the Fronetics blog will be taking a little hiatus. Don’t worry — it’s only for 2 weeks! We are working on some exciting things behind the scenes and can’t wait to share them with you.
We’ll be back with our regular posting schedule beginning Monday, August 21. If you find yourself missing us while we’re away, feel free to check out our ever-growing list of resources for supply chain and logistics marketers. They’ve been recently updated to reflect the latest research (and our new look).
There’s a little something for everyone — whether you’re looking for industry marketing trends or DIY content marketing guides. Here are a few favorites:
We hope you have a safe, wonderful, and relaxing end of summer, and we look forward to having you back in two weeks!
by Elizabeth Hines | Jul 10, 2017 | Blog, Consumer Electronics, Manufacturing & Distribution, Strategy, Supply Chain
With increasing consumer demands comes an increasing need for electronics manufacturers to adapt and change with the times.
Manufacturing operations strive to increase demand fulfillment and to reduce costs. But, too often these objectives seem mutually exclusive in practice. In fact, a 10-year study by Accenture of nearly 250 businesses across industries and sectors found that only 11% were meeting both goals.
So what are the 11% doing differently? Interestingly, the study found that operational flexibility was the common thread binding these companies together. What’s more, they were able to achieve flexibility, reduce costs, and increase demand by adhering to three key principles of operations.
3 pillars of operational flexibility
1) Keep it simple.
It can be difficult to keep up with the growing market demand for product customization while maintaining low overhead costs. But the answer is not fewer SKUs — in fact, quite the opposite. Successful manufacturers have increased product variants while reducing the number of components in each SKU, simplifying production.
A prime example of this is Toyota, which is transitioning from 100 different platform variants to five standard platforms across all its models. The brand will maintain design variation in accompanying components and interior choices. Toyota expects this will enhance the customer driving experience while reducing factory costs by 40% and manpower by about 20%.
2) Embrace digitization.
The supply chain is a series of steps toward getting the product in the hands of the end user. Digitization can break down barriers between steps so the supply chain becomes one integrated process. By offering faster responsiveness through digitalization, businesses can better meet consumer demand in timely manner.
Additionally, digitization can help reduce costs associated with production. An example of this is the use of 3-D printing. Traditional manufacturing processes for building a part are subtractive, creating a lot of scrap and wasted material as a byproduct. Not so with 3-D printing, an additive process using the minimum material necessary to fabricate a part. Less wasted material equals less wasted cost.
3) Develop multi-skilled labor.
Investing in a workforce that can adjust and handle multiple duties is an important aspect of operational flexibility. By cross-training employees, manufacturers are better able to optimize time and effort.
Honda’s ARC line, which trains line members across multiple tasks, offers a prime example. Not only are employees more capable of assessing and solving problems, Honda has been able to improve work efficiency by 10%.
Variables
With increasing consumer demands comes an increasing need for electronics manufacturers to adapt and change with the times. And there will always be unexpected variables and market fluctuations that require operational agility. But by being faster, more flexible, and cheaper, businesses can continue to increase demand fulfillment while effectively managing costs.
This article originally appeared on EBN Online.
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by Fronetics | Jul 3, 2017 | Blog, Content Marketing, Current Events, Marketing, Supply Chain
Blog aggregation site Feedspot included Fronetics’ blog on its list of the best content for the supply chain.
Fronetics is honored to learn that our blog has been included on Feedspot’s list of the top 75 supply chain blogs and websites for supply chain professionals. The blog aggregation website has indexed thousands of supply chain blogs and pulled out the most popular using search and social metrics.
Feedspot explains its methodology. “These blogs are ranked based on following criteria:
- “Google reputation and Google search ranking
- “Influence and popularity on Facebook, Twitter and other social media sites
- “Quality and consistency of posts.
- “Feedspot’s editorial team and expert review.”
We are in excellent company on this list. And we love seeing friends and frequent content collaborators like Argentus and SCM Talent Group among the best of the best as well. These are the places where we turn for supply chain thought leadership, and are humbled to be included.
Fronetics strives to be a leading industry resource for information about digital and content marketing, so it is very exciting to be recognized in this way. Thank you to Feedspot, our contributors, and all of our readers who turn to Fronetics for the latest information about content marketing, social media, and more news and happenings in the supply chain industry.
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by Fronetics | Jun 7, 2017 | Blog, Content Marketing, Data/Analytics, Marketing, Social Media
Building brand awareness is one of the key benefits of content marketing, but it’s notoriously difficult to measure. Until now.
Content marketing is a long-term solution through which a business establishes a relationship with and earns the trust of target customers. It’s called building brand awareness. Drawing the public’s attention to — and heightening their knowledge of — your business ultimately generates leads that turn into sales, after all, which is the end marketing objective.
Let’s be honest: This doesn’t happen overnight. And it’s often difficult to quantify (as opposed to a vanity metric, such as website visits). But that’s not a reason to throw in the towel. There are ways to measure the work that you’re putting into your content marketing program. And, more specifically, there are ways to measure brand awareness.
4 metrics that indicate you’re building brand awareness
1) Social media reach
The reach of your social content has a direct impact on your brand awareness. The larger the reach, the larger the potential audience.
Twitter originally had an internal tool that tracked how many times a tweet had been shared, but stopped supporting this data back in 2015. So where do you go to track your social media reach?
Sharedcount is a free online tool that allows you to track the number of times a piece of content has been shared on social media, including Facebook, LinkedIn and Google. Sharedcount is an easy way to get basic information about your social reach, so you can spend less time tracking tweets and more time producing your content.
2) Brand mentions
There’s a great deal of value to be gained from monitoring discussions about your brand online. Tracking brand mentions can lead to honest feedback and objective insight from potential leads.
There are several options you can use to track brand mentions. We prefer the ease of Google Alerts, which allows you to easily set up a custom alert, or Hootsuite, where you can track brand mentions, as well as specific keywords and phrases, across all of your social media feeds.
3) Blog shares
By adding a share bar to your blog posts, you make it easy for readers to share your blog content on social networks, spreading awareness about your content and your brand through the amplifying effect of social media.
These share bars are easy to set up and even easier to monitor. By measuring your average number of shares per blog, you can track what content your users are drawn to and what pieces fall flat.
4) Search volume
One of the main sources of traffic for most websites is through simple searches. If people are searching for your company or products, that’s a pretty solid indication that they are aware of your brand.
Using online tools, such as Google Adwords or Moz, you can track the searches for your products, blogs, social media platforms, and any other variation that you find useful. These tools are free, easy to use, and perfect for determining if your company is popping up when customers are searching.
Content marketing takes time, but there are hints along the way that your efforts are working. Using these tools to measure brand awareness offers clues that customers are finding your company in their search efforts. If the needle is not moving in a positive direction, always adjust your strategy to until you find what works for your business.
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by Fronetics | Jun 1, 2017 | Blog, Content Marketing, Marketing, Strategy
Today’s B2B buyer’s journey involves more research, more internet searches, and more social media.
We’ve said it before: The B2B buying process has changed, and you need to adapt. The vast amount of information available on the internet has afforded buyers a level of self-sufficiency that renders traditional sales models moot. It drives the need for new strategies, like content marketing and social media marketing.
How can supply chain and logistics businesses adjust to the new way of doing things? The latest B2B Buyer’s Survey offers insight into how B2B buyers are finding vendors, engaging with them, and — ultimately — deciding to work with one. Some of the statistics are very telling and give vendors a good idea about where they need to invest their time and money in order to get buyers’ attention
10 stats about the B2B buyer’s journey
1) Length of buying process
The B2B buying process is becoming longer and more complex because the majority of buyers (82%) are using more sources to research and evaluate products and services, and they are spending more time in the research phase itself.
2) Web search is first
62% of B2B buyers say that a web search was one of the first three resources they use to learn about a solution.
3) Online eventually
In fact, in a different study, 94% of buyers reported using online research at some point in the purchasing process.
4) Searching for what?
71% of B2B researchers start with a generic search — rather than searching for a particular company.
5) How many searches?
B2B researchers do an average of 12 searches before engaging with a specific brand’s site.
6) Self-sufficiency on the sales path
Buyers are 57% of the way down the sales path by the time they engage with a brand’s website, meaning they have already spent a fair amount of time educating themselves with the enormous amount of information available to them on the internet.
7) Social media plays a role
And content isn’t limited to your website: A vibrant social media presence helps buyers conduct their research. In fact, more than half (53%) of B2B buyers report turning to social media to make buying decisions.
8) (More than ever)
What’s more, more than a third (34%) say they are spending more time this year than last using social media to research vendors and solutions.
9) LinkedIn is B2B’s network of choice
LinkedIn is reportedly the most impactful to the research process. 81% of respondents said it was very important or somewhat important.
10) But don’t discount video
And, believe it or not, video sites like YouTube and Vimeo are playing an increasingly important role in the B2B buyer’s journey, with 60% of respondents ranking them very important or somewhat important.
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