Logistics Viewpoints

APRIL 10, 2024

A redundant supply chain has spare or backup capacity, such as inventory, equipment, facilities, and suppliers, that can be activated or mobilized in case of disruptions. The port serves as a gateway for importing vehicles from Europe, Asia, and South America, as well as exporting vehicles to the Middle East, Africa, and other regions.

Baltimore 250

Baltimore Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 250

Freightos

DECEMBER 20, 2022

After fairly stable pricing in the early months of COVID’s supply chain journey , the indicative spot rate to ship a forty foot container from China and East Asia to the US West Coast increased 14X from less than $1,500 per container pre-COVID to more than $20,000 in September 2021. Between May and September of 2021 alone rates tripled.

Purchasing Skills 156

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Supply Chain Shaman

JANUARY 8, 2024

No company in either the household non-durable (consumer goods) or the food manufacturing group beat their peer group on the balanced scorecard of growth, inventory turns, operating margin, and Return on Invested Capital (ROIC) for 2013-2022. The supply chain has two important buffers–inventory and capacity. The reason?

Supply Chain Design Software 239

Supply Chain Design Software Supply Chain Planning Software Modeling Software Supply Chain Network Software 239

The Logistics & Supply Chain Management Society

APRIL 26, 2022

by Martin You – Sales Director for Asia Pacific at E2open. More specifically, it took 83 days for container transport from Europe to Asia, and 88 days from North America to Asia. Martin You – Sales Director for Asia Pacific at E2open. Driving Sustainable Growth Through Supply Chain Resilience.

Supply Chain Planning Software 246

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 246

Freightos

JUNE 15, 2021

So a backlog of ships off the coast of California means fewer empty containers heading back to Asia, which means fewer ships and containers available for exports, raising the cost to ship a container from Asia to Europe by 400% in November and December 2020. . But then it got worse. . Logistics is global.

Global 395

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ToolsGroup

SEPTEMBER 19, 2023

She has spent her entire career in the retail industry, gaining expertise in merchandising, allocation, and inventory management. Monica Tatham has over 16 years of experience at A&F Co. with extensive background in retail planning and management. I’m excited to share one of the many ways Abercrombie & Fitch Co.

ToolsGroup 156

ToolsGroup Supply Chain Planning Software Supply Chain Planning Scenario Planning 156

ToolsGroup

JANUARY 11, 2024

By leveraging AI powered inventory planning solutions from JustEnough, Kappahl will be able to perfectly balance the top-line merchandising requirements for growth with the bottom-line demand for profitability,” said ToolsGroup CEO, Inna Kuznetsova. That’s why we’re trusted by leading companies like Abercrombie & Fitch, Co.,

ToolsGroup 156

ToolsGroup Sweden Supply Chain Planning Software Finland 156

Logistics Viewpoints

JANUARY 26, 2024

Retailers are reviving an old playbook to manage their inventory levels after four years of struggling to find the sweet spot of holding enough merchandise but not too much. These devices will also be required in all cars sold in the European Union beginning this July. And now on to this week’s logistics news.

Logistics Network Optimization Software 232

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Logistics Viewpoints

JUNE 20, 2022

In Asia, Vietnam and Bangladesh are more important sourcing locations. Much of the world’s fabric is produced in Asia, for example. VF is having conversations with fabric manufacturers to encourage them to produce more fabric in factories outside of Asia. There will be no emails or spreadsheets. We will manage by exception only.

Agile and Lean Supply Chain 211

Agile and Lean Supply Chain Supply Chain Planning Software Manufacturing Procurement Supply Chain Software 211

The Logistics & Supply Chain Management Society

SEPTEMBER 14, 2021

Sustainability is definitely coming of age in Asia. In fact, IDC predicts that manufacturers across Asia who digitally transform and accelerate sustainable innovation to improve supply chain operations, will increase their revenue by 20 percent in 2025. Making Asia a Leader – One Green Initiative at a Time.

Supply Chain Planning Software 223

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The Logistics & Supply Chain Management Society

DECEMBER 21, 2021

These events have highlighted a need for agility and have led to significant changes and approaches to managing supply chains across the Asia Pacific region. . Dr Christopher Holmes – Managing Director, IDC Insights Asia Pacific. He is also the Asia Pacific regional lead for the Future of Industry Ecosystems.

Predictive Analytics Software 246

Predictive Analytics Software Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 246

The Network Effect

JUNE 12, 2015

Inventory distortion costs retailers nearly $158 for every man, woman, and child on the planet. Billion a year is the cost of Inventory distortion in North America, an amount equivalent to the annual revenues of Kroger, Home Depot, and Target combined. The Asia/Pacific region contributes 39% of all inventory distortion.

Australia 100

Australia Inventory Management Inventory Reduction Inventory 100

EMERGE App

FEBRUARY 22, 2019

But while the newly arrived goods sit in your warehouse, did you know that there are also costs associated with keeping inventory? They are collectively called inventory carrying costs because they need to be paid to hold inventory. Here, we’ll explore what is meant by inventory carrying costs and their examples.

Inventory Reduction 75

Inventory Reduction Cost Reduction Strategies Purchasing Skills Inventory 75

ToolsGroup

NOVEMBER 23, 2021

Use analytics to put your available inventory to the best use. Chances are you do have some inventory–make sure it’s being put to the best use with automation and data analytics. In more buoyant times, companies are often optimizing inventory to reduce cost or maximize revenue to grab market share.

Supply Chain Planning Software 291

Supply Chain Planning Software Scenario Planning Inventory Reduction Supply Chain Software 291

Logistics Viewpoints

MAY 12, 2022

Amidst ongoing uncertainty caused by COVID-19 lockdowns in Asia, war in Europe, scarce raw materials and steep inflation, companies are stockpiling inventory as never before in the hopes of mitigating future supply chain shocks. As soon as inventory hits the yard, it gets lost in a shuffle of trailers.

Supply Chain Design Software 188

Supply Chain Design Software Supply Chain Planning Software Demand Planning Software Analytics Software 188

RFgen

MAY 2, 2019

The importance is based on companies’ needs in the chemical supply chain – from suppliers to downstream customers – to reduce inventory. Most of the increased demand is predicted to come from Asia. The post Study Finds Inventory Control Top Priority In Chemical Supply Chain appeared first on RFgen.

Inventory Reduction 52

Inventory Reduction Chemicals Supply Chain Software Waste Reduction 52

RFgen

MAY 2, 2019

The importance is based on companies’ needs in the chemical supply chain – from suppliers to downstream customers – to reduce inventory. Most of the increased demand is predicted to come from Asia. The post Study Finds Inventory Control Top Priority In Chemical Supply Chain appeared first on RFgen.

Inventory Reduction 52

Inventory Reduction Chemicals Supply Chain Software Waste Reduction 52

Logistics Viewpoints

JANUARY 12, 2023

” E2E also means being able to see things when they are not in transit, such as raw materials upstream, inventory in a warehouse or yard, products in retail outlets, or shipments stuck in customs. Contrast that with Southeast Asia, where we have to fill the gap with cell phone triangulation.

Supply Chain Planning Software 191

Supply Chain Planning Software Supply Chain Visibility Supply Chain Design Software Real-time Visibility 191

The Logistics & Supply Chain Management Society

AUGUST 14, 2023

Essential Skills for Supply Chain Leaders in Asia during Pandemic The Asian Institute of Management conducted a study across orgainsations in Asia to identify crucial skills and competencies required by supply chain managers and leaders in Asia. Establishing policies within the system ensures efficient inventory management.

Purchasing Skills 130

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ivalua

NOVEMBER 26, 2020

Materials like rare earth elements have a high concentration in Asia. Efficiency concepts like using lean initiatives and just-in-time delivery to manage inventory have become commonplace for many years and have made individuals like Deming household names in many business schools. Stalwarts of Business Planning Showing Cracks.

Sourcing Strategies 264

Sourcing Strategies Material Savings Cost Reduction Strategies Inventory Reduction 264

Supply Chain Matters

JANUARY 23, 2024

With this launch, customers can share purchase orders and demand forecasts with their trading partners, and then track the status of those purchase orders or changing inventory levels, all from within the module. Virginia), US West (Oregon) , Europe (Frankfurt) , and Asia Pacific (Sydney ) regions. All rights reserved.

Supply Chain Planning Software 59

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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 Shaman

JANUARY 31, 2022

Overall lead times from North America to Asia took 17 days longer than from Asia to North America, or 25% longer. In addition, Lucas used inventory as a slush fund to make quarterly earnings. Nor did Lucas understand how the increase in variability and the continual redesign of the supply chain added to the need for inventory.

Procurement Analytics 219

Procurement Analytics Manufacturing Procurement Supply Chain Planning Software Sourcing Strategies 219

The Logistics & Supply Chain Management Society

AUGUST 19, 2022

Many companies buy forward inventory ahead of tariffs being implemented. This strategy, however, may incur additional warehousing and storage costs, and firms may experience accounting challenges where an inventory is considered an asset, which could affect cash flow. Operational strategies. Buying forward. Conclusion.

Cost Reduction Strategies 245

Cost Reduction Strategies Material Savings Inventory Reduction Vendor Strategies 245

Supply Chain Matters

FEBRUARY 25, 2022

merchants held a total of nearly $643 billion in inventories, described as being below pre-pandemic level, while the closely watched inventory to sales remained near its lowest point in 30 years. With the on-time arrival times of container ships down to a level of less than 36 percent, and with ocean transit times from Asia to U.S.

Supply Chain Planning 40

Supply Chain Planning Inventory Manufacturing Procurement Supply and Demand 40

ToolsGroup

DECEMBER 20, 2021

The problems we are experiencing now started in March 2020 when COVID hit and suppliers in Asia shut down. . When capacity was cut, so too was the empty supply of containers back to Asia. Many importers operating with just-in-time (JIT) inventory couldn’t get hold of the parts they needed. . Let me bring that to life. .

Supply Chain Disruption 194

Supply Chain Disruption Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 194

Supply Chain Shaman

FEBRUARY 7, 2022

Overall lead times from North America to Asia took 17 days longer than from Asia to North America, or 25% longer. In addition, Lucas used inventory as a slush fund to make quarterly earnings. Nor did Lucas understand how the increase in variability and the continual redesign of the supply chain added to the need for inventory.

Procurement Analytics 195

Procurement Analytics Manufacturing Procurement Sourcing Strategies Optimal Sourcing 195

Freightos

JANUARY 30, 2024

Judah Levine January 30, 2024 Optimize your logistics tendering, vendor selection, negotiations, and procurement with Freightos Data Book a Demo Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) increased 38% to $4,099/FEU. Asia-US East Coast prices (FBX03 Weekly) climbed 21% to $6,152/FEU.

Negotiating Skills 273

Negotiating Skills Optimal Sourcing Asia Europe 273

Vinculum

OCTOBER 5, 2023

Introduction The E-commerce Apparel industry in Southeast Asia has experienced unprecedented growth, driven by consumers increasingly turning to online platforms for their fashion needs. Mobile-First Market: Southeast Asia is predominantly mobile-first, necessitating innovative mobile shopping experiences. billion by 2027.

Apparel 52

Apparel Asia Inventory Management Software Inventory Reduction 52

Logility

MAY 17, 2023

According to Reshoring Initiative , companies seeking to limit their exposure to supply chain uncertainties and global conflict risks are moving operations from East Asia to the United States or as close as possible. They’re also carefully pursuing suppliers, manufacturing, and distribution locations that are sustainable and resilient.

Vendor Strategies 171

Vendor Strategies Cost Reduction Strategies Price Reduction Inventory Reduction 171

Logistics Viewpoints

JANUARY 12, 2024

German logistics giant DHL Group is advising customers to take a close look at how they manage inventories as shippers switch away from the Red Sea, though trade associations said they did not expect any notable disruptions for Europe’s top economy. Walmart unleashes ‘largest drone delivery footprint of any U.S.

Logistics Network Optimization Software 257

Logistics Network Optimization Software Price Reduction Inventory Reduction Resource Reduction 257

The Logistics & Supply Chain Management Society

JULY 22, 2020

As the virus began to spread out from China, Asia, as a region, provided the first lessons to their global peers on how to mitigate the impact of both supply and demand sides. . But companies will have to go beyond the usual inventory optimisation. .

Supply Chain Software 147

Supply Chain Software Modeling Pharmaceutical Agile and Lean Supply Chain 147

Enterra Insights

AUGUST 31, 2023

During this period of changing consumer behavior, retailers experienced an inventory mismatch and inflation reared its ugly head. Globally, Gen Z is growing fast: Gen Zers will make up a quarter of the population of the Asia–Pacific region by 2025.”[7] Most economists credit strong consumer spending for this soft landing.

Packaging 246

Packaging New York Procurement Analytics S&OP 246

The Logistics of Logistics

DECEMBER 6, 2021

gateway for trade with Asia reached the highest since the pandemic began, exacerbating delays for companies trying to replenish inventories during one of the busiest times of the year for seaborne freight. The number of ships waiting to enter the biggest U.S.

Inventory Reduction 130

Inventory Reduction Los Angeles Rhode Island Material Savings 130

The Logistics & Supply Chain Management Society

OCTOBER 15, 2023

At DHL eCommerce’s first Asia Pacific Head of Go Green, he put in place carbon footprint management, sustainability training, illegal wildlife smuggling monitoring training, and employee engagement. Tim has held various positions with MNCs, gaining a wide knowledge and expertise in logistics operations.

Optimal Sourcing 162

Optimal Sourcing Supply Chain Planning Software Singapore Logistics Network Optimization Software 162

ToolsGroup

MARCH 17, 2020

Usually disruptive events require redefinition and reconfiguring of the supply chain network in order to identify correct allocation of flows and inventory. Being able to understand if supply expected from Europe needs to be re-routed and sourced from Asia or South America is important when entire channels become unavailable.

Supply Chain Planning Software 215

Supply Chain Planning Software Modeling Scenario Planning Supply Chain Planning 215

20Cube Logistics

JANUARY 27, 2022

The Asia-Pacific region, which has emerged to be the economic hotspot in the last few decades, displayed a huge slump during the first wave of the COVID-19 pandemic. Despite the economic disruptions that raged post 2020 and the volatile state of price pressure, Asia has experienced less of a fluctuating consumer price inflation.

Manufacturing Procurement 83

Manufacturing Procurement Asia Currency Policies 83