ToolsGroup

JANUARY 6, 2022

Pre pandemic we were importing the majority of our inventory from East Asia, in particular China and Japan. These businesses often collect tires of high quality as spare inventory and do not have the infrastructure in place to sell them. Lesson #2: Finding solutions in warehouses and distribution centers. “We

Supply Chain Planning Software 290

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SCMDOJO

AUGUST 4, 2023

Are you tired of dealing with excessive inventory levels that eat up your storage space, tie up your capital, and hinder your company’s growth? If so, then it’s time to consider the numerous benefits of reducing inventory. Inventories are designed to match customer(s) demand. The same applies to inventory reduction.

Inventory Reduction 90

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Ware2Go

JUNE 20, 2023

In May 2023, shipping rates from Asia suddenly plummeted. In consideration with low manufacturing costs, emerging brands are still looking abroad for inventory fulfillment. According to the Freightos Baltic Index, the average daily freight rate from Asia to the Western US is $1,500 per 40-foot container.

Negotiating Skills 98

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Stord

MARCH 17, 2019

According to CEO Kasper Rorsted, suppliers in Asia haven’t been able to keep up with recent increases in demand. Demand for warehouses with at least 1 million square feet remains strong near major population centers. Dollar General is investing in warehousing and trucking to support its fresh produce program , DG Fresh.

Warehousing 60

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The Logistics & Supply Chain Management Society

AUGUST 15, 2021

Warehouse and logistics operators are under more pressure than ever to keep goods moving quickly, without losing any ground in accuracy and visibility. Samsung’s rugged devices are also built to be used in rough and tough conditions – including in warehouse and distribution facilities, as well as outdoors by drivers and delivery personnel.

Supply Chain Design Software 246

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Logistics Viewpoints

JANUARY 26, 2024

I have often written about legal issues and battles in California, as the state has been in the news for its warehouse and trucking emission rules, independent contractor rules for gig workers, and union disagreements at ports. Well, this week, I saw a new story about a bill in California that is turning heads.

Logistics Network Optimization Software 232

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ShipBob

NOVEMBER 29, 2023

These physically unaccounted-for units of inventory called ghost inventory, or phantom inventory , are a more common challenge faced by retailers than you think. Often, the items accounted for in the asset register do not reconcile with what is in the inventory. What is ghost inventory?

Purchasing Skills 52

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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

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Stord

APRIL 26, 2022

After 2+ years of out-of-stock messages, low inventory levels, and sky-high costs, brands are exploring a wide range of strategies to resolve these issues and strengthen their inventory throughput in 2022 and beyond. As an extension, companies are hoarding warehouse space to accommodate the extra product stored in the U.S.

Inventory Reduction 78

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Supply Chain Shaman

JANUARY 8, 2024

In the past five years, companies have 5-10X the number of AGVs in their warehouses, but 40-60% more planners in corporate. We have successfully reduced warehouse labor, but planning is more labor intensive today, and less effective. The supply chain has two important buffers–inventory and capacity. Performance Declines.

Supply Chain Design Software 235

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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. Insourcing.

Cost Reduction Strategies 245

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Logistics Viewpoints

MAY 5, 2023

million-square-foot warehouse in Connecticut Flexport announced the acquisition of Shopify Logistics’ assets, including Deliverr. 6 River Systems was founded in 2015 and developed an Autonomous Mobile Robot product called ‘Chuck’ that provides automated assistance to pickers in a warehouse, working collaboratively with human operators.

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Logistics Viewpoints

JUNE 30, 2022

With our supply chains clogged and retail inventories piling up, we have a situation wherein the huge imbalances between demand and supply at the product mix level can have an adverse impact on product availability for B2B and B2C companies alike, especially as we start heading to the holiday season. Not really. in October 2021. A ratio of 1.5

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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. Jobs in the warehouse sector were down 4,900 jobs.

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Logistics Viewpoints

MAY 12, 2023

Chile has long been a hub of second-hand and unsold clothing, made in China or Bangladesh and passing through Europe, Asia or the United States before arriving in Chile, where it is resold around Latin America. At 2022’s end, the company had around 17 million square feet of “healthcare-compliant warehousing,” according to its 10-K.

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SCMDOJO

APRIL 15, 2024

This system uses giant warehouses, lots of trucks, and even cool robots to move things quickly. We’ll look at their warehouses, their delivery tricks, and even how they use new technology to make things faster. billion (net profit) Profit by Region/Country: North America is a major market, followed by Europe and Asia.

Logistics Network Optimization Software 79

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Enterra Insights

AUGUST 5, 2022

.”[1] Here’s the rub: “All those excess retail inventories are starting to weigh on warehousing markets. ” To make room for new inventory, many of America’s largest retailers are steeply discounting excess goods this summer. warehouse complexes, things are about to get worse.”[5]

Supply Chain Planning Software 130

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ShipBob

OCTOBER 9, 2023

Shopify Fulfillment Network ( SFN ) is Shopify’s fulfillment service that brands can use to store inventory and fulfill customer orders. The entire process involves starting with Shopify inventory management and storing, then picking and packing items accurately, and shipping Shopify orders.

Logistics Network Optimization Software 98

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Logistics Viewpoints

SEPTEMBER 29, 2022

Visibility across the supply chain can enhance the ability to locate inventory and more intelligently prioritize its allocation to projects. The supply chain team conducted an in-depth analysis of 3 key projects and determined that 61% of components are internationally sourced, and most critical components are manufactured in Asia or Europe.

Supply Chain Transformation 242

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Kanban Logistics

JUNE 30, 2022

But, for the next two years, companies are free to import solar panels from Southeast Asia without fear of tariffs. Thankfully, there are many 3PL providers that specialize in warehousing and distribution of solar panels. Warehousing services. What the solar panel tariff exemption means for importers. Transportation services.

North Carolina 52

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EMERGE App

FEBRUARY 22, 2019

After all, this is a business expense that you need to pay upfront in order to bring goods to your warehouse and stock them up. But while the newly arrived goods sit in your warehouse, did you know that there are also costs associated with keeping inventory? What is Inventory Carrying Cost?

Inventory Reduction 75

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West Coast and California Logistics

SEPTEMBER 13, 2018

Your company has made a cost-driven decision to manufacturer in Asia and import from Asia back into the U.S. For this decision, you’ll need to look at the impact of port location on time-to-market, customer satisfaction, freight costs and inventory costs. distribution strategy.

Asia 48

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Unleashed

JANUARY 16, 2023

Asia-Pacific is by far the largest regional market for 3PL , accounting for over one-third of the world’s 3PL market size. Warehousing costs are rising. 3PL warehouses, however, often have higher order values through their retail partners which justifies the price. Cut storage costs. Access to better systems and technologies.

Third Party Logistics 98

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SCMDOJO

APRIL 9, 2024

The Silk Road became a massively critical route that moved goods from the Mediterranean region to East Asia. In the world of logistics, this means enhanced operational efficiency for inventory management, route optimization, safety and security of goods, and resource allocation.

Supply Chain Design Software 76

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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

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CH Robinson Transportfolio

JANUARY 3, 2020

For example, you might be surprised how beneficial rail service between Europe and Asia can be for your business today. . Robinson’s average rail transit time between Europe and Asia is 14-18 days, with some routes completing the trip in only 12 days. Ocean transit time between Asia and Europe is often 45 days or more.

Asia 46

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Logistics Viewpoints

JULY 20, 2022

Locanis is a warehouse technology supplier headquartered in Germany with clients located in Europe, North America, and Asia. It is likely that many of you are not familiar with how Locanis optimizes warehouse operations. It is equally reasonable to call it a warehouse control system ( WCS ).

Vendor Strategies 219

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Stord

DECEMBER 6, 2022

The integration offers further visibility into IPG’s existing Third Party Logistics Warehouses (“3PLs”) as well as the ability to leverage Stord’s distribution network to seamlessly launch numerous additional warehouses through 2020. Stord’s integration brought all their inventory and order data to one place.

Supply Chain Network Software 60

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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

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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

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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

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SCMDOJO

JUNE 6, 2023

2 – Inventory Optimization Tool in Excel Inventory is a vital component for wholesalers, distributors, and manufacturers, representing valuable assets in the form of the products they sell. Efficiently managing inventory is crucial for maintaining optimal cash flow and meeting customer service expectations.

Supply Chain Planning Software 89

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The Logistics & Supply Chain Management Society

AUGUST 15, 2021

She explained that she owned a Warehouse Management System, purchased a Proof of Delivery Software as a Service, implemented a licensed-to-use Accounting & Distribution System, deployed a customised online Order Management System and that she is struggling with fragmented data and documents across these systems.

Supply Chain Design Software 246

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ToolsGroup

MARCH 17, 2020

Examples of this include expediting with LTL and air freight and costly in-network transfers from warehouse to warehouse–all of which erode profit margins. Usually disruptive events require redefinition and reconfiguring of the supply chain network in order to identify correct allocation of flows and inventory.

Supply Chain Planning Software 215

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Ware2Go

JANUARY 7, 2022

Recent supply chain disruptions , including images of cargo ships stuck off the West Coast , have led eCommerce shops to rethink their just-in-time and just-in-case inventory strategies. . About 9% even had stopped offering free shipping to recover costs, while 7% held off on ordering peak inventory to see if prices would level off.

Just-in-Time 98

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ToolsGroup

APRIL 1, 2022

Such measures include communicating with suppliers and customers , using demand shaping to overcome inventory shortages, seeking additional suppliers, and building more onshore facilities. Nikkei Asia ). Imports from Asia to the United States increased by 40% from 2019 to 2021, while the volume of exports remained almost unchanged.

Material Savings 207

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The Logistics & Supply Chain Management Society

OCTOBER 17, 2022

Border controls, China’s zero-covid policy and global shipping costs and energy prices is putting increasing pressure on supply chains throughout the Asia Pacific region. Inventory and Capacity Buffers. Whether in the form of underutilised production facilities or inventory in excess of safety stock requirements.

Agile and Lean Supply Chain 246

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