The Logistics & Supply Chain Management Society

JANUARY 3, 2024

The number of alternative and dual-fuel propelled container ship orders out numbers the traditional ICE only engines for new ship orders. Aeronautics engineering innovation is sadly only paddling forward in comparison to the ship building industry. This is big money and infrastructure is working to accompany the change.

Purchasing Skills 130

Purchasing Skills Singapore Price Reduction Cost Reduction Strategies 130

Supply Chain Shaman

APRIL 16, 2024

The article introduced the concept of self-service planning and challenged companies to rethink the concepts of supply chain planning. Supply Chain Insights Training, 2024 The Opportunity Based on my research, I believe there is an opportunity to reduce the number of planning roles by 80-85%. Replatforming Current Planning Solutions.

Supply Chain Planning Software 221

Supply Chain Planning Software Supply Chain Design Software How To Inventory Reduction 221

Unleashed

APRIL 11, 2024

When shoppers to spend more on each purchase it has a desirable effect on your profits. Consider offering volume discounts and free shipping incentives to lift AOV. Consult with your business advisor for tips on solutions that will work best for you. That’s why AOV is an essential metric to improve.

Waste Reduction 52

Waste Reduction Price Reduction Inventory Reduction Cost Reduction Strategies 52

Synovos

JANUARY 24, 2024

RS Integrated Supply Joins Minority Supplier Development UK WARRINGTON, UK / RADNOR, PA 23 JANUARY 2024 – RS Integrated Supply, a global MRO supply chain management services company, announced it has joined Minority Supplier Development UK (MSDUK) as a corporate member as part of its commitment to growing a diverse supplier base.

Manufacturing Procurement 105

Manufacturing Procurement Procurement Solutions Purchasing Skills Optimal Sourcing 105

SCMDOJO

APRIL 24, 2024

In 2024, the logistics and supply chain industry will continue its transformative journey, driven by technological advancements and growing consumer expectations. As companies move forward, they must be open to new technologies and adaptability to remain competitive. Let’s see the most common trends in 2024.

Optimal Sourcing 58

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Logistics Viewpoints

JUNE 23, 2022

E-commerce continues to grow yearly and it’s estimated that it will make up 30% of retail purchasing by 2024. Last-mile delivery accounts for 53% of overall shipping costs. Utilizing software platforms to increase efficiency in the last mile can help drive profits while also positively impacting consumer experience.

Logistics Network Optimization Software 204

Logistics Network Optimization Software Supply Chain Network Software Optimization Software Pricing Training 204

Unleashed

MARCH 25, 2024

Third-party consolidation warehouses are operated by independent companies that charge a fee for their services. You can manage your consolidation processes with consolidation warehousing software to optimise the sorting, packing, and shipping of consolidated orders. Functionality is a key driver.

Material Savings 52

Material Savings Warehousing Inventory Reduction Expense Reduction 52

EMERGE App

APRIL 5, 2024

The picture of wholesale distribution industry in 2024 The report from Research and Markets forecasts that the wholesale market size will reach $68,092.65 On one side you are navigating industry challenges, on another, you are fixing the entire operation of your company. Firstly, prioritize analyzing warehouse operations thoroughly.

Purchasing Skills 52

Purchasing Skills Negotiating Skills Price Reduction Sourcing Strategies 52

ToolsGroup

AUGUST 1, 2022

Retail returns occur when a customer returns the purchased items to a seller in exchange for a refund, store credit, or a similar product. 84% of buyers read the return policy before making an online purchase. 84% of buyers read the return policy before making an online purchase. Returns do more than drive growth.

Retail 296

Retail Optimal Sourcing Purchasing Skills Procurement Solutions 296

Logistics Viewpoints

JUNE 2, 2023

That prospect became more conceivable, they said, after the 2022 invasion of Ukraine prompted companies to sever ties with Russia, sometimes taking huge write-downs. companies were further rattled after Chinese authorities recently questioned workers at Boston-based consulting firm Bain & Co.

Logistics Network Optimization Software 178

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Logistics Viewpoints

OCTOBER 13, 2023

Failure to reach an accord by October 31 would mean that levies on $10 billion of exports between the EU and US would automatically come back into force at the start of 2024. Blue Yonder , a leading supply chain solutions provider, announced the signing of an agreement to acquire Doddle, a first and last mile technology business.

Logistics Network Optimization Software 251

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Logistics Viewpoints

SEPTEMBER 22, 2023

With Apple’s big event last week, the company claimed that the new Apple Watch will be carbon neutral. In addition, Totaltech members who spend $500 in October will receive a $50 reward certificate to use on Best Buy purchases in December. the company said Tuesday. There is no such thing as a carbon-neutral product,” he says.

Los Angeles 224

Los Angeles Material Savings Logistics Network Optimization Software Waste Reduction 224

OptiProERP

SEPTEMBER 10, 2021

Gone are those days when growing companies used to manage their data on spreadsheets. Modern businesses rely on Enterprise Resource Planning (ERP) software to help them collect and organize financial and operational data in a shared database to promote efficiency, as they scale. billion by 2024.” Procurement. Procurement.

Manufacturing Procurement 96

Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software Inventory Management Software 96

Enterra Insights

APRIL 4, 2024

She explains, “Depending on which statistics you follow, consumers return something like a fifth of all purchases these days. Young writes, “Some companies processing returned televisions for retailers have gotten a surprise when opening the boxes — packaging filled with bricks rather than newly purchased TVs.

Price Reduction 100

Price Reduction Supply Chain Strategy Cost Reduction Strategies Inventory Reduction 100

SCMDOJO

APRIL 15, 2024

From the very beginning, Amazon’s mission has been to be the earth’s most customer-centric company. Cloud and Machine Learning services: Amazon Web Services (AWS) – Provides cloud computing infrastructure, storage solutions, and machine learning services to businesses and developers worldwide.

Logistics Network Optimization Software 81

Logistics Network Optimization Software Inventory Reduction Sourcing Strategies Inventory Management Software 81

Logistics Viewpoints

APRIL 29, 2022

Earth Day roundup: companies announce sustainability goals. It includes free shipping of online purchases, free grocery deliveries to the home for orders of at least $35, prescription discounts and other benefits. The company’s hope is to bring the technology to all of Walmart Canada’s 408 stores.

Logistics Network Optimization Software 184

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Logistics Viewpoints

APRIL 30, 2021

The figure includes Panasonic’s purchase of the remaining 80 percent of shares in Blue Yonder for $5.6 This acquisition builds on the Panasonic/Blue Yonder strategic relationship, established in January 2019 with a partnership, followed by the creation of a joint venture company in Japan in November 2019.

Logistics Network Optimization Software 255

Logistics Network Optimization Software Supply Chain Planning Software Waste Reduction Price Reduction 255

American Global Logistics

MARCH 5, 2024

Volatility and uncertainty in the logistics industry have dominated the news in 2024. Persistent Red Sea Risks Continue to Disrupt Critical Trade Route The ongoing conflict in Yemen has created several shipping risks in the Red Sea. In particular, there is a risk of Houthi rebels laying mines in the shipping lanes.

Supply Chain Planning Software 52

Supply Chain Planning Software Purchasing Skills Negotiating Skills Supply Chain Strategy 52

The Logistics & Supply Chain Management Society

MAY 28, 2022

All of this has led companies in the commercial space to prioritise sustainability, which includes a trend towards adopting solar energy. At the COP26 climate conference in 2021, more than 1,000 companies committed to adopt targets to reduce emissions in line with the Paris Agreement goals. YCH Logistics, Singapore.

Sustainability 246

Sustainability Singapore Cost Reduction Strategies Vendor Strategies 246

ToolsGroup

APRIL 1, 2022

Increased Shipping Costs, Delays, and Transportation Issues. Dealing with the Shipping Container Crisis. 82% of people have concerns that the supply chain will ruin life plans, such as birthdays, vacations, holidays, and the purchasing of necessary items. Increased Prices Resulting from Shortages and Supply Chain Issues.

Material Savings 207

Material Savings Purchasing Skills Supply Chain Planning Software Manufacturing Procurement 207

Enterra Insights

SEPTEMBER 14, 2023

However,] this year’s peak shipping season is arriving with a whimper.”[2] ”[10] In addition to shopping early, Bailey indicates that more moms are going to be taking the digital path to purchase. 2] Paul Berger, “ Where Peak-Season Shipping Is Headed, In Charts ,” The Wall Street Journal, 29 August 2023. [3]

Supply Chain Planning Software 130

Supply Chain Planning Software Procurement Analytics Predictive Analytics Software Journal 130

ThroughPut

MARCH 28, 2024

billion in 2024. Food Production AI tools can drive advanced predictive analytics with precision forecasting for weather and crop yield predictions. Food Retail In the food retail sector, AI has been helping reduce wastage as the tools can more accurately predict the demand for products. billion by 2029. All for the good.

Case Study 52

Case Study Optimal Sourcing Supply Chain Planning Software Food 52

ToolsGroup

FEBRUARY 7, 2022

Love it or hate it, daily necessities need to be purchased. eCommerce Purchases and “The New Normal” Retail Categories. or the ability to order groceries while waiting at the doctor’s office, MCommerce sales are expected to exceed 400 billion US dollars in 2024. Data source: eMarketer. Trust Google to have the answer.

Supply Chain Planning Software 177

Supply Chain Planning Software Trends Retail Forecasting Software 177

ThroughPut

FEBRUARY 2, 2024

This technology sifts through complex data to forecast potential disruptions and market trends, allowing companies to plan ahead instead of reacting in the moment. For instance, if a supplier suddenly runs out of a crucial component, a company might only find out when the delayed shipment fails to arrive, leading to production hold-ups.

Prescriptive Analytics Software 52

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Predictive Analytics 52

Unleashed

APRIL 14, 2024

Ecommerce software allows online businesses to accurately receive and fulfil customer orders. Here we look at how ecommerce software works and the different types of ecommerce software – and compare features, reviews, and pricing to determine the best platforms currently on the market. What is ecommerce software?

Inventory Management Software 52

Inventory Management Software Analytics Software Forecasting Software Optimization Software 52

ModusLink Corporation

DECEMBER 13, 2022

Carrier rates are declining across the board, and Seatrade Maritime News reported an “expected trough of freight rates to mid-2023 from 2024 with a lower demand forecast and a higher than expected effective capacity increase due to the unwinding of congestion. As a result, companies are actively investing in cybersecurity measures.

Agile and Lean Supply Chain 78

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

Stord

MAY 2, 2022

While the rest of the world adopts cloud technologies to help them break down silos and integrate communication, companies continue to use disparate applications and tools for managing orders, evaluating inventory, and shipping goods. This growth is continuing with e-commerce sales expected to reach $6 trillion by 2024.

Supply Chain Planning Software 78

Supply Chain Planning Software St. Louis Supply Chain Software Demand Planning Software 78

Unleashed

JUNE 23, 2021

Easily connect high-value tools that utilise new data capabilities, like ERP, inventory management for manufacturers, smart accounting software, CRM, etc. for the 2020-2024 period), but to also help businesses move on from the pandemic. This means faster shipping times, and lower transport costs.

Inventory Management Software 80

Inventory Management Software Inventory Reduction Inventory Management Supply Chain Planning Software 80

Talking Logistics

JUNE 28, 2013

Another crazy Friday morning, now with the kids out of school, so let’s go straight to this week’s news: JDA Announces Major Enhancements to Workforce Mobility, All-Channel Commerce Solutions. HighJump Software Enhances HighJump Warehouse Advantage Express Offering to Meet Increased Demand in SMB Marketplace.

Logistics Network Optimization Software 145

Logistics Network Optimization Software Supply Chain Design Software Rail Software Forecasting Software 145

QAD

FEBRUARY 8, 2024

That’s why I welcomed the opportunity to share my predictions for consumer and food packaging in 2024 in a recent Packaging Technology Today article and have some more thoughts to unpack here. Many of the trends shaping our industry in 2023 will continue in 2024, and there’s a lot you can do to prepare right now.

Packaging 92

Packaging Food Trends Sustainability 92

ToolsGroup

OCTOBER 25, 2022

Today, however, especially with growing concerns about inflation , 46% of consumers plan to squirrel away their tax refund, limiting the typical seasonal influx companies depend on to boost sales and buoy the market. In the past, families spent roughly $180 more than typical on the day they got their tax refund.

Inventory Reduction 156

Inventory Reduction Inventory Optimal Sourcing Supply and Demand 156

Locus

JUNE 16, 2023

Say you purchase your coveted gadget online, eagerly tracking its journey from warehouse to your welcoming hands. The question then is: how can companies maneuver this intricate, costly maze successfully? This phase isn’t just a logistical necessity—it swallows up between 40-55% of total shipping costs.

Cost Reduction Strategies 98

Cost Reduction Strategies Expense Reduction Price Reduction Inventory Reduction 98

Locus

FEBRUARY 3, 2023

customers now have the entire marketplace at their fingertips and possess greater purchasing power than ever before. billion in 2024 and has the potential to reach $191 billion by 2027. The key for retail/e-commerce companies to achieve customer delight is an enhanced delivery experience. How do you do that?

Retail 52

Retail Purchasing Skills India Cost Reduction Strategies 52

Logistics Viewpoints

AUGUST 19, 2022

The company announced that it is planning to raise fulfillment fees during the holiday season, passing off some of its increased costs to the millions of merchants who rely on the site to sell their products. For merchants using FBA, Amazon handles the process of picking, packing, and shipping items.

Logistics Network Optimization Software 201

Logistics Network Optimization Software Supply Chain Planning Software Inventory Reduction Cost Reduction Strategies 201

Enterra Insights

AUGUST 18, 2021

1] Because IoT solutions affect every stage of supply chain operations, all supply chain professionals need to be better informed, not just manufacturing professionals. 2] Experts have identified a number of potential benefits supply chain organizations can hope to achieve by implementing IoT solutions. Demand Sensing. ”[5].

Supply Chain Design Software 130

Supply Chain Design Software Supply Chain Optimization Agile and Lean Supply Chain Supply Chain Design 130

Logistics Viewpoints

DECEMBER 3, 2021

Top gift purchases over the weekend included clothing and, toys, gift cards / certificates, books / music / movies / video games, and electronics. Retailers face a scarcity of final-stage warehouses near major cities; and as more companies promise same-day or even two-hour arrivals, such space is rising in demand and value.

Kansas City 194

Kansas City Logistics Network Optimization Software Logistics Purchasing Training 194

Logistics Bureau

JANUARY 30, 2023

With the virus running rampant, members of factory management teams, too, can become thin on the ground, placing manufacturing companies under severe strain. In any typical year, companies around the globe must factor the New Year shutdown into their inventory management plans. Instead, it has been replaced by just-in-case.

Logistics Network Optimization Software 77

Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Software Supply Chain Optimization 77