The Logistics & Supply Chain Management Society

FEBRUARY 15, 2021

And the lack of demand visibility is a big contributor to China-US ocean freight rates doubling to the West Coast since June, and passing USD4,000/FEU to the East Coast – which was surprising as most analysts thought that rates and profits would freefall. Is ocean freight pricing broken? Are Ocean Freight Prices Absolutely Broken?

Purchasing Skills 217

Purchasing Skills Price Reduction Freight Supply Chain Software 217

Supply Chain Game Changer

SEPTEMBER 21, 2022

10 Tips To Be A Successful Freight Broker! The Supply Chain industry provides vast employment opportunities, from procurement to warehouse inventory, management, and shipping. The terms freight broker and freight agent are often confused in the cargo and shipping sector. What Does A Freight Agent Do?

Negotiating Skills 96

Negotiating Skills Freight Purchasing Skills Optimal Sourcing 96

Synovos

FEBRUARY 12, 2024

Demystifying MRO Inventory Optimization The goal of MRO inventory optimization is to utilize the products and materials held on or across sites as effectively as possible. Ensuring that you have what you need available when required helps eliminate excess stock and reduce inventory carrying costs. How do you achieve this?

Inventory Reduction 52

Inventory Reduction Price Mitigation Strategies Material Savings Optimization Software 52

Unleashed

NOVEMBER 28, 2022

Inventory replenishment is reordering stock in the right quantities, at the right time. Too much inventory can increase costs, limit cash flow, and leave you with expired stock. In this inventory replenishment guide: What is inventory replenishment? Reducing overall freight costs. Preventing stock expiry.

Inventory Reduction 98

Inventory Reduction Material Savings Cost Reduction Strategies Resource Reduction 98

ShipBob

JULY 14, 2022

In today’s hyper-connected world, freight forwarding can seem like a lone holdout. Combining this pre-existing state of freight with the events of the past two-plus years of pandemic-related disruptions and grasping the micro- and macro-dynamics becomes even harder. What’s causing the delays in freight shipments?

China 98

China Freight Shipping Modeling 98

Cathy Roberson

SEPTEMBER 7, 2021

Despite supply chain costs increasing and available capacity almost a rarity, retailers are undertaking a variety of ways to make sure they receive their inventory in time for the ever-important holiday season. “We feel good about the composition of our inventory. It's been difficult to plan inventory flow with much precision.

Inventory Reduction 92

Inventory Reduction Inventory Sourcing Strategies Retail 92

Logistics Viewpoints

AUGUST 19, 2021

Today’s article is from GlobalTranz and looks at the difficult decision of transitioning in-house logistics to managed services. Indicator 1: It’s Difficult to Track Your Inventory From Suppliers Through Final Mile. Indicator 2: Freight Spend Seems to Be Spiraling Out of Control. To read the full article, click HERE.

Logistics Network Optimization Software 251

Logistics Network Optimization Software Transportation Expense Reduction Inventory Reduction 251

Ware2Go

DECEMBER 16, 2021

Supply chain disruptions like freight delays may continue well beyond this year’s peak holiday shopping season. Freight delays have affected consumers and merchants alike. After 18 months of disruptions, the state of international freight was shaky at best heading into this holiday shopping season.

Freight 99

Freight Inventory Reduction Price Reduction Cost Reduction Strategies 99

Cathy Roberson

AUGUST 15, 2022

Many retailers are feeling inventory pains despite assuring analysts that they're quite pleased with their inventory levels. Mind you, some retailers may indeed be pleased with their inventory levels, but others may be trying to figure out where to store the excess inventory since so many warehouses are beyond full.

Inventory Reduction 52

Inventory Reduction Resource Reduction Inventory Cost Reduction Strategies 52

The Logistics of Logistics

JUNE 14, 2023

About Transport Topics Since 1935, Transport Topics has been the news leader in trucking and freight transportation. Below are some highlights from Seth’s article, 2023 Top 100 Logistics List Highlights Growth for 3PLs. Spot freight demand has softened, and truck capacity has loosened since the frenetic days of the 2021 freight boom.

Logistics Network Optimization Software 213

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Supply Chain Game Changer

FEBRUARY 11, 2020

Featuring Our 10 Best Inventory Management Articles! Our latest “Featuring” series article covers the topic of Warehouse and Distribution Centre order fulfillment. So take some time and check out our very best Warehouse and Distribution Centre fulfillment articles! Featuring Our 12 Best Procurement Articles!

Warehousing 65

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Supply Chain Game Changer

DECEMBER 17, 2020

What’s the Difference Between Freight Management and Logistics Management? Freight Management services article and permission to publish here provided by Saheer Gurjot. Why is freight management important? Through freight management services, freight arrives free of damage and inaccurate quantities.

Logistics Network Optimization Software 78

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Logistics Viewpoints

MAY 27, 2022

North American Transborder Freight up 23.8% The more cautious outlook is driven by wage and inflationary pressures, as well as increased freight costs. The excess capacity includes warehouses in New York, New Jersey, Southern California and Atlanta, according to an article in Bloomberg.com that referenced anonymous sources.

Logistics Network Optimization Software 251

Logistics Network Optimization Software Supply Chain Network Software Real Estate Forecasting Software 251

Freightos

JUNE 15, 2021

Disclaimer: This article is a zoom out for the less freight-inclined. If you have a deeper understanding of freight, you might want to check out our Freightos Baltic Index daily container index instead. Let’s talk freight. . And it’s not just ocean freight. More freight costs, higher consumer costs.

Global 397

Global Supply Chain Price Reduction Supply and Demand 397

Supply Chain Opz

JUNE 23, 2014

Inventory management is one of the most important tasks for supply chain management professionals. However, most inventory control theories are too complicated or too difficult to apply to real world situations. The reason is that most people now realize the value of planning practice like Sales and Operations Planning (S&OP).

Inventory Management Software 220

Inventory Management Software Inventory Management Inventory Reduction Inventory 220

Ware2Go

MAY 17, 2022

This guide contains everything you need to know about freight shipping and logistics so you can make informed decisions for your business. Learn the difference between LTL vs FTL, how to find the best rates, and what services to expect from a freight provider. Table of Contents: Navigating Freight for Your Business.

Freight 52

Freight Logistics Network Optimization Software Shipping Negotiating Skills 52

The Logistics & Supply Chain Management Society

OCTOBER 15, 2023

In the article My Visit to Energy Observer – A Tour into the Future of Ocean Travel , I wrote how using the sun, the wind and the ocean’s own water was being used to send one research vessel around the world emissions free. For visualizing a products next life or “end of product life”, I will be focussing on packaging. #1

Optimal Sourcing 162

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Supply Chain Game Changer

OCTOBER 29, 2020

Do You Have Hidden Freight Costs? Freight sourcing team article and permission to publish here provided by Katharine Barrios at xeneta.com. Freight sourcing and procurement is a critical component of the whole supply chain and is crucial to the success of the business. Use of Freight Rate Benchmarking.

Sourcing Strategies 75

Sourcing Strategies Negotiating Skills Optimal Sourcing Negotiate Pricing 75

Turvo

DECEMBER 9, 2021

A freight broker TMS has many vital functions that greatly enhance the operations of logistics companies. Collaboration with these systems provides excellent advantages to freight brokers, partners, and all involved in the process. Complete Visibility Into Both Stored and In-Transit Inventory.

Analytics Software 72

Analytics Software Supply Chain Planning Software Supply Chain Network Software Predictive Analytics Software 72

Supply Chain Shaman

JULY 15, 2021

I loved the summary in the Economist article published on July 3, 2021, The Long Goodbye to COVID 19. My goal in this article is to raise a red flag to ensure that we do not fall asleep at the switch in managing global supply chains through the balance of this pandemic. The Economist article tracks a normalcy index by region.

Supply Chain Design Software 367

Supply Chain Design Software Supply Chain Planning Software Price Reduction Forecasting Software 367

Logistics Viewpoints

JANUARY 11, 2023

In early November, my colleague Steve Banker wrote an article looking at the top supply chain trends for 2023 and beyond. Inventory Management in a High Inflation Environment ; Clint Reiser. One of my predictions within that article is that inflation will hinder supply chain resiliency efforts. Steve Banker and Chris Cunnane.

Logistics Network Optimization Software 216

Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Design Software Forecasting Software 216

Unleashed

JUNE 23, 2021

Best practice inventory management – and the wider world of supply chain management – has played a big part in business survival through 2021. With that in mind, here’s our pick of the 10 most important inventory management trends for 2022. 10 inventory management for 2022: 1. Inventory analytics goes mainstream.

Inventory Management Software 80

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

Logistics Bureau

MAY 24, 2021

Among the universal challenges that the COVID-19 pandemic has imposed upon the supply chain management profession is the question of inventory, specifically, “how much is enough?”. It wasn’t long ago that businesses were asking, “By how much can I reduce my levels of inventory?”. Let’s Start with Safety Stock.

Inventory Reduction 98

Inventory Reduction Inventory Supply Chain Planning Software Company 98

Turvo

NOVEMBER 16, 2021

During the holiday shopping season, sky-high ocean freight rates are major contributors that will strain the industry and shoppers alike. Other intermittent bottlenecks such as port shutdowns and freight policy changes will add to the shipping industry’s woes. Stocking up on the inventory is the need of the hour.

Freight 85

Freight Supply Chain Planning Software Supply Chain Planning Shipping 85

Logistics Viewpoints

NOVEMBER 17, 2022

This article is from Chetan Chaudhari at GEP and examines the ongoing aluminum can shortage. This shortage is the culmination of various ongoing issues – geopolitical tensions related to the Russia-Ukraine war, the rapid shift in consumer buying behavior and container freight availability. To read the full article, click HERE.

Packaging 226

Packaging Food Manufacturing Procurement GEP 226

The Logistics & Supply Chain Management Society

JULY 16, 2023

Risk Management in Global Ocean Context Feature Article by LSCMS Shippers Council Rates have gone down massively in most trade lanes; congestion has eased, and capacity seems sufficient in most sectors. This is the first article of four-part series that will attempt to look at specific areas of risk or management of risk itself.

Risk Management 130

Risk Management Global Price Reduction Inventory Reduction 130

Unleashed

SEPTEMBER 7, 2021

In this guide to barcodes in inventory management: In order to apply barcodes to inventory management, it is important to understand the basics of the barcode system. Hence, some companies will find corded barcode scanners to be all they need, where other companies require wireless scanners to support their online inventory management.

Inventory Management Software 96

Inventory Management Software Inventory Management Inventory Reduction Inventory 96

Talking Logistics

JANUARY 9, 2019

With the national warehouse vacancy rate hovering at record lows and warehouses bloated with inventory pulled in from China during 2018 to get ahead of impending tariffs, companies can combine flexible storage options with advanced technology to create an end-to-end supply chain solution that works. during the third quarter to $7.21

Inventory Reduction 101

Inventory Reduction Inventory Warehousing Supply Chain Planning Software 101

The Logistics of Logistics

JUNE 23, 2022

Original Article: What Shippers and Retailers Need to Know for Peak Season Planning 2022. In addition, retailers are struggling to move inventory initially ordered in the first quarter of 2022 to make way for back-to-school and holiday merchandise. What Shippers and Retailers Need to Know for Peak Season Planning 2022.

Supply Chain Planning Software 237

Supply Chain Planning Software Supply Chain Planning Scenario Planning Retail 237

Freightos

OCTOBER 31, 2022

This article provides an overview, based on a survey of over 1,200 small businesses, of how small and midsize businesses have weathered the storm, and how a changing – and potentially recessionary – market is impacting their outlook. But then global freight kicked in. . It’s suddenly about the economy.

Supply Chain Planning Software 156

Supply Chain Planning Software Supply Chain Planning Supply and Demand Supply Chain 156

Logistics Bureau

JUNE 6, 2023

Related articles on this topic have appeared throughout our website, check them out: 9 Barriers to Optimal Inventory and How to Break Them Down Cost to Serve – A Smarter Way to Improved Supply Chain Profitability The 7 Principles of Warehouse and Distribution Centre Design Insourcing or Outsourcing Logistics: Don’t Choose the Wrong Reasons 10 Freight (..)

Supply Chain Design 90

Supply Chain Design Supply Chain Optimization Supply Chain Video 90

ToolsGroup

FEBRUARY 4, 2020

When demand changes faster than a company’s ability to respond, you can end up with the wrong SKU mix and locations, frequent internal inventory transfers and expedites with high freight costs. Excess and obsolete inventory. We’re projecting a 60% reduction in inventory across SKUs when the full rollout is complete.

Supply Chain Planning Software 232

Supply Chain Planning Software Supply Chain Planning Inventory Reduction Supply Chain Software 232

QAD

NOVEMBER 17, 2022

The scenario of a rail strike sheds light on the unsteadiness that has come to define today’s global supply chain, as QAD’s Stephen Dombroski wrote recently in an article in Food Logistics. According to a recent Bloomberg article , trains move about 28% of total U.S. Inventory management. Temporary process changes.

Scenario Planning 96

Scenario Planning Supply Chain Planning Software Supply Chain Planning S&OP 96

GlobalTranz

FEBRUARY 2, 2015

So why do we feature content related to Vendor Managed Inventory? In a VMI model, part of the equation is the inbound & outbound flow of the inventory. Inventory is then put on pallets and shipped as freight. So, I hope the next article explains the evolved VMI model.” VMI is all about collaboration.

Vendor Strategies 120

Vendor Strategies Inventory Reduction Modeling Software Modeling 120

Arkieva

AUGUST 8, 2016

A new study by the SupplyChainDigest analyzing the main components of working capital: Days Sales Outstanding (DSO), Days Inventory Outstanding (DIO), and Days Payables Outstanding (DPO) revealed an uptick in DIO. Sustainable Freight Action Plan for California is estimated to Improve Freight Efficiency by 25% in 2030.

Sourcing Strategies 60

Sourcing Strategies Inventory Reduction Supply Chain Planning Software California 60

Logility

NOVEMBER 20, 2023

We get a transformative shift that allows companies to plan demand and inventory at the sheer speed of the market. In this article, we’ll explore the fusion of AI-first forecasting with traditional models and its immense value to the supply chain. In supply chain planning, this translates to a transformative shift.

Forecasting 216

Forecasting Forecasting Software Inventory Reduction Waste Reduction 216

Supply Chain Game Changer

APRIL 29, 2020

Do You Have Hidden Freight Costs? Ocean freight article and permission to publish here provided by Katherine Barrios at xeneta.com. Freight forwarders and shippers/BCO s are on a constant quest to have a better understanding of their ocean freight costs and ultimately have larger margins. Email Address.

Negotiating Skills 69

Negotiating Skills Cost Reduction Strategies Optimal Sourcing Freight 69