Logistics Viewpoints

FEBRUARY 14, 2024

Looking Back to 2023 Performance in 2023 was not as positive as we might have hoped, and it was a harder year than many had anticipated. A majority of organizations (62 percent) missed their 2023 business goals, and four in five organizations reported falling short of their competitors’ or peers’ performance (Figure 1).

Supply Chain Planning Software 246

Supply Chain Planning Software Supply Chain Planning Optimal Sourcing Scenario Planning 246

ModusLink Corporation

APRIL 27, 2023

Global Fulfillment Innovation Centers on ESG in 2023. Let’s take a closer look at the top five things to know about ESG in global trade for 2023. They are also exploring new warehouse designs that promote sustainability, such as using renewable energy sources and optimizing natural lighting.

Inventory Reduction 78

Inventory Reduction Waste Reduction Innovation Optimal Sourcing 78

ThroughPut

DECEMBER 1, 2023

What is Demand-driven Inventory Replenishment? Demand-driven replenishment is a strategic approach to inventory management that prioritizes aligning inventory levels with actual customer demand rather than relying solely on historical data or forecasts. Why Use Demand-driven Inventory Replenishment?

Inventory Reduction 52

Inventory Reduction Supply Chain Planning Software Modeling Vendor Strategies 52

Freightos

JUNE 6, 2023

Listen to the full podcast interview here ) Source: Fort Of course, this stark reality was faced by many small and medium-sized businesses (SMBs) during the peak of the pandemic. Businesses quickly began to notice a different beast: a significant decrease in consumer demand compounded by looming inventory excesses. The key takeaway?

Manufacturing Procurement 248

Manufacturing Procurement Optimal Sourcing Inventory Reduction Supply and Demand 248

NC State SCRC

JANUARY 1, 2023

As we go into the first week of 2023, many are wondering what’s ahead for global commerce and supply chains. As I’ve done in prior years, I’ll make a few predictions based on what happened in 2022 – and what I think it means for 2023. Unfortunately, a lot of the bloated inventory is stuff that consumers don’t want – or can’t afford.

Predictive Analytics Software 94

Predictive Analytics Software Predictive Analytics Supply Chain Planning Software Pharmaceutical 94

The Logistics & Supply Chain Management Society

AUGUST 14, 2023

Breaking Boundaries: Exploring Generative AI’s Impact on Supply Chains Supply chains encompass many interconnected activities, from procurement, production, and inventory management, to logistics and distribution. These activities involve numerous stakeholders, such as suppliers, manufacturers, distributors, and retailers.

Optimal Sourcing 244

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Modeling 244

Supply Chain Matters

JULY 18, 2023

Supply Chain Matters highlights a published report indicating that PC maker Hewlett Packard is modifying supply sourcing akin to China Plus and nearshoring sourcing actions. That would include alternatives to China under the umbrella of either China Plus or de-risking sourcing changes. We pointed out that in 2022, more U.S.

Sourcing Strategies 52

Sourcing Strategies Inventory Reduction Manufacturing Procurement Supply Chain Strategy 52

Supply Chain Matters

JANUARY 6, 2023

The Ferrari Consulting and Research Group through its affiliate the Supply Chain Matters blog shares select individual prediction snapshots that are included in our Annual 2023 Predictions for Industry and Global Supply Chains Research Advisory publishing later this month. Expected 2023 global economic growth in a range from 2 percent to 2.7

Predictive Analytics Software 98

Predictive Analytics Software Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain 98

BlueYonder

NOVEMBER 14, 2023

Shifting and varied consumer preferences, collapsing brand loyalty, even freak weather: as shoppers limber up for the 2023 holiday season, retailers should expect the unexpected. As shoppers hit the e-carts and store aisles for the holiday season of 2023, unpacking the “ whys ” behind the flux is moot.

Sourcing Strategies 72

Sourcing Strategies Retail Inventory Reduction Scenario Planning 72

BlueYonder

APRIL 13, 2023

ICON 2023 is Blue Yonder’s annual customer conference and premier supply chain event, where practitioners and decision-makers exchange insights about their transformation journeys If you are in the manufacturing field, why should you attend this year’s event? Fast forward to today, many of our customers are dealing with excess inventory.

Manufacturing Procurement 72

Manufacturing Procurement Inventory Reduction Optimal Sourcing Cost Reduction Strategies 72

Supply Chain Matters

FEBRUARY 5, 2024

Key industry supply chain bellwether firm Samsung Electronics reported Q4 and full year 2023 financial performance, headlined as being the weakest profitability levels in a decade. For the quarter that ended in December 2023, the supplier posted KRW 67.78 For the full year of 2023, the company reported KRW 258.94

Electronics 52

Electronics Optimal Sourcing Modeling South Korea 52

BlueYonder

OCTOBER 25, 2023

16, 2023, was Global Week of Giving at Blue Yonder, and our associates contributed more than 700 hours of volunteer time helping local communities!! The week of Oct. With World Food Day taking place on Oct. 16, food insecurity was a primary focus for several Blue Yonder planned events.

Wisconsin 92

Wisconsin Global Singapore Poland 92

Supply Chain Matters

JANUARY 25, 2023

The overall themes of the 2023 gathering was appropriately termed: Cooperation in a Fragmented World.” The takeaways from the 2023 gathering were many, and often varied in perspective and viewpoints. This was the first time in two years that this conference could be held in person. We will have to show our productivity gains.”

Sourcing Strategies 52

Sourcing Strategies Manufacturing Procurement Optimal Sourcing Supply Chain Software 52

QAD

MARCH 30, 2023

Manufacturers may not think they have much in common with the retail companies beyond producing the products that stock store shelves, but there could be a lot to learn from the latter as the manufacturing headwinds of the last few years carry into 2023. and bring inventory accuracy up to an impressive 99.9%. What is RFID Technology?

Manufacturing Procurement 92

Manufacturing Procurement Inventory Management Software Supply Chain Planning Software Supply Chain Software 92

ModusLink Corporation

DECEMBER 13, 2022

With so much disruption fresh in mind, looking toward 2023 feels a bit more stable for every warehouse and distribution channel. However, the instability around the risk of recession remains, and knowing the top supply chain trends to watch in 2023 will help your organization prioritize operations and succeed.

Agile and Lean Supply Chain 78

Agile and Lean Supply Chain Supply Chain Software Supply Chain Planning Software Trends 78

BlueYonder

APRIL 4, 2023

We are very excited to announce that Blue Yonder has been recognized as a Strong Performer in The Forrester Wave : Order Management Systems, Q2 2023 Report. Review The Forrester Wave : Order Management Systems, Q2 2023 report to learn about the latest market trends and why Blue Yonder was recognized as a Strong Performer.

Procurement Analytics 78

Procurement Analytics Real-time Visibility Supply Chain Design Software Supply Chain Planning Software 78

ShipBob

JANUARY 15, 2024

If you don’t have enough inventory on hand you risk selling out. Too much, and you’ll be stuck with an inventory glut. An inventory glut occurs when a company has surplus inventory and the stock of products far exceeds its demand. What is inventory glut? Inventory glut affects businesses both large and small.

Inventory Reduction 52

Inventory Reduction Price Reduction Cost Reduction Strategies Waste Reduction 52

Supply Chain Matters

JANUARY 8, 2024

Supply Chain Matters provides a further installment in our global supply chain assessment in the highlights on reported December 2023, Q3-2023, and full year global and regional production and supply chain PMI indices. Morgan Global Manufacturing PMI® ended 2023 on a noted lackluster footing. at the end of 2023.

Manufacturing Procurement 52

Manufacturing Procurement Global Procurement Analytics Myanmar 52

RFgen

FEBRUARY 10, 2023

Key Takeaways: Proactive planning and a digital-first mindset are critical to keeping up with trends in 2023 and beyond. As a result, new strategies have emerged to solve old and new challenges, from labor shortages to inventory supply. companies expect the supply chain to remain challenging into 2023. In fact, over half of U.S.

Manufacturing Procurement 52

Manufacturing Procurement Supply Chain Planning Software Optimal Sourcing Analytics Software 52

The Logistics of Logistics

SEPTEMBER 25, 2023

He has extensive experience in the industrial supply chain and distribution space, as he was recognized as a Supply Chain Pros to Know by Supply and Demand Chain Executive in 2021, 2022, & 2023. For manufacturers: Optimizes inventory and harmonizes data to reduce costs, improve visibility, and make better sourcing decisions.

Optimal Sourcing 263

Optimal Sourcing Material Savings Sourcing Strategies Inventory Reduction 263

Supply Chain Matters

APRIL 4, 2023

Supply Chain Matters provides highlights of March and Q1- 2023 reported global and regional PMI indices which reinforce a state of stabilization within global supply chain networks. However, we discern some added signs excess inventories and of production sourcing shifts. The overall average for all of Q1-2023 was 48.6

Manufacturing Procurement 52

Manufacturing Procurement Manufacturing Global Purchasing Skills 52

Supply Chain Matters

JANUARY 10, 2023

The Ferrari Consulting and Research Group through its affiliate the Supply Chain Matters blog shares select individual prediction snapshots that are included in our annual 2023 predictions for industry and global supply chains research advisory. Background. Higher cost levels will need to be mitigated or reduced.

Predictive Analytics Software 52

Predictive Analytics Software Resource Reduction Cost Reduction Strategies Manufacturing Procurement 52

Supply Chain Matters

JULY 7, 2023

Logistics Managers Index (LMI) that again dropped to an all-time low for June 2023. According to the June report summary , the primary driver of the latest decline was the inventory metric, which reportedly contracted 6.5 Similar trends were highlighted in our Supply Chain Matters summary of the May 2023 LMI report.

Negotiating Skills 52

Negotiating Skills Logistics Network Optimization Software Inventory Reduction Negotiate Pricing 52

American Global Logistics

AUGUST 22, 2023

As we navigate the third quarter of 2023, it's time to examine air cargo's role in global commerce. 2023 Air Freight Industry Analysis Air freight is a vital part of the global economy. billion in 2023 to $81.15 Reduced Inventory Costs : The speed of air cargo allows businesses to exploit lean inventories.

Cargo 52

Cargo Sourcing Strategies Material Savings Logistics Network Optimization Software 52

BlueYonder

DECEMBER 4, 2023

Businesses rely on these forecasts to make informed decisions about production, inventory and distribution, which is why it’s no surprise that 63% of respondents emphasized the critical importance of precise predictions. By consolidating data sources and providing a user-friendly interface, it enhances overall efficiency and accuracy.

Supply and Demand 84

Supply and Demand Modeling Supply Chain Planning Software Scenario Planning 84

Synovos

AUGUST 21, 2023

We stock more than 750,000 industrial and electronic products, sourced from over 2,500 leading suppliers, and provide a wide range of product and service solutions to 1.1 million customers. RS Group plc is listed on the London Stock Exchange with stock ticker RS1 and in the year ended 31 March 2023 reported revenue of £2,982 million.

Eliminating Excel in Purchasing 52

Eliminating Excel in Purchasing Manufacturing Procurement Optimal Sourcing Procurement Solutions 52

SCMDOJO

SEPTEMBER 18, 2023

Whether you’re a seasoned procurement professional or just stepping into the world of sourcing and acquisitions, understanding the nuances of procurement synonyms can make all the difference. Sourcing plays a crucial role in building strong supplier relationships and achieving cost-effectiveness in the supply chain.

Negotiating Skills 97

Negotiating Skills Manufacturing Procurement Optimal Sourcing Pricing Training 97

Enterra Insights

DECEMBER 19, 2023

First, there was the so-called “retail apocalypse,” then came the pandemic, which was followed by inventory challenges, inflation, and an economic slowdown. Inventory Management. Shakedd observes, “The further we get into 2023, the harder it’s becoming to fill retail jobs.”

Optimal Sourcing 130

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Optimization Software 130

Resilinc

JUNE 21, 2023

That’s why we’ve compiled a new list of six highly recommended supply chain books from our team, to help you navigate supply chain management and resiliency in 2023 and beyond. #1 The post 6 Must-Read Supply Chain Books for 2023 appeared first on Resilinc. Download the report here: Turbulence: 2020 Annual Report.

Supply Chain Software 62

Supply Chain Software Supply Chain Strategy Agile and Lean Supply Chain Supply Chain Optimization 62

The Logistics of Logistics

JANUARY 13, 2023

The Amplio solutions ensure that you have the inventory you need, when you need it, at the most optimized price so that you can focus on what matters most to you and your business. Trey and the Amplio team believe that sourcing electronic components should be easy and predictable. Access diverse sources of supply.

Manufacturing Procurement 182

Manufacturing Procurement Optimal Sourcing Purchasing Skills Procurement Solutions 182

Supply Chain Matters

DECEMBER 13, 2022

The Ferrari Consulting and Research Group through its affiliate the Supply Chain Matters blog unveils a summarized overview of our annual prediction themes for industry and global supply chains for the year 2023 and beyond. We will then proceed into what we expect major themes to be in 2023. . seen as a likely alternative.

Manufacturing Procurement 52

Manufacturing Procurement Supply Chain Optimization Supply Chain Software Supply Chain Strategy 52

RFgen

MARCH 22, 2023

As we venture further into 2023, supply chains must adapt to these ever-changing dynamics. In this article, we will explore the top 10 supply chain management challenges for 2023 and beyond, providing insights and strategies for overcoming these obstacles. These challenges are already significantly impacting supply chains in 2023.

Waste Reduction 52

Waste Reduction Material Savings Inventory Reduction Supply Chain Planning Software 52

Supply Chain Shaman

DECEMBER 7, 2023

Source: Supply Chain Insights ASCM defines resilience in the SCM Supply Chain Dictionary as the ability of a supply chain to anticipate, create plans to avoid or mitigate, and to recover from disruptions to supply chain functionality. I am currently doing research on inventory management. The result was restatement. My conclusion?

Supply Chain Design Software 303

Supply Chain Design Software Supply Chain Planning Software Modeling Supply Chain Software 303

Supply Chain Matters

JUNE 7, 2023

percent in 2023, compared to 4.1 percent in 2023, compared to an estimated 3 percent in 2022. © Copyright 2023, The Ferrari Consulting and Research Group and the Supply Chain Matters® blog. Emerging market and developing economies, excluding China are now expected to grow 2.9 percent in 2022. China is now forecasted to grow 5.6

Forecasting 52

Forecasting Global Scenario Planning Supply Chain Planning 52

ToolsGroup

MARCH 7, 2023

The dynamic sourcing capability automatically smooths inventory targets day after day and ensures target service levels are achieved regardless of supplier constraints. Stock Mix Optimization : The setting and planning of differentiated and market-oriented service level targets as an optimal compromise between service and inventory.

Optimal Sourcing 156

Optimal Sourcing ToolsGroup Supply Chain Planning Software Scenario Planning 156

EazyStock

JANUARY 6, 2023

As we step into the unknown of 2023, here are some key trends and issues affecting supply chain management to help you prepare your strategies. The economic turndown is threatening a global recession over 2023, and labor disputes and strikes are prevalent. ABC/XYZ analysis can help identify the most valuable items to your business.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software Supply Chain Software 52

EazyStock

JANUARY 6, 2023

As we step into the unknown of 2023, here are some key trends and issues affecting supply chain management to help you prepare your strategies. The economic turndown is threatening a global recession over 2023, and labor disputes and strikes are prevalent. Supply chain issues. Getting the basics right. Improving forecast accuracy.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software Supply Chain Software 52