Fri.Feb 22, 2019

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What is Inventory Carrying Cost?

EMERGE App

Introduction. We’re all familiar with the cost of goods. We spend hours researching and comparing the lowest possible prices for goods. And we pick the most cost effective means of shipping. 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?

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Targeting Generation Z Consumers, Part 1

Enterra Insights

The marketing world loves to generalize. Historically, generalizations made targeting consumers easier. One of the most widely referenced segmentations used by marketers is the artifice of “generations.” With baby boomers entering their golden years and millennials maturing into responsible adults, the latest generation garnering marketing attention is Generation Z (i.e., people born between 1995 and 2012).

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Top 4 Reasons Effectively Implementing Supply Chain Technology Creates a Competitive Advantage

GlobalTranz

Increasing the technologies deployed in your supply chain might be a goal for your organization. Meanwhile, executives that have spent time in the industry can be fearful of how upgrading systems can impact investment strategy and other business goals. However, supply chain technology is continuing to evolve, and it can key to creating competitive advantage, especially for.read More.

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How vehicle customization will drive the supply chain of the future

Kinaxis

by Dustin Mattison I recently had the opportunity to sit down with Farhan Mirza, President of BAFF Consultants Inc., to discuss vehicle customization by original equipment manufacturer (OEM) automakers and its impact on the supply chain of the future. Mirza notes that customization is a significant market trend and believes the entire supply chain will require transformation as the customization of vehicles becomes a mainstream approach to production.

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2024 Annual T&L M&A Report

Tenney Group, an industry specialized M&A Advisory firm in the T&L space, produced the 2024 Annual M&A Report. The report contains an in depth overview of 2023 notable deals and the market, while also providing the outlook for 2024 M&A.

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Unleashing Agility in Late-Stage Customization

Talking Logistics

Jason Tham, CEO at Nulogy , discusses the following questions and more in this timely and informative episode: When you talk to your customers, what are the main challenges CPG brands are facing today? What are the new rules for success in the industry? What are some of the challenges or hurdles that CPG companies have to overcome in order to achieve these objectives?

More Trending

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Modern Supply Chain Training: How Educational Opportunities Have Shifted

AFFLINK

According to the National Association of Colleges and Employers, supply chain management and logistics is one of the most coveted bachelor's degrees by employers. Within the next year, NACE suggested that 40% of employers who participated in the survey expected to hire one or more graduates with degrees in supply chain management. In 2016, the University of Washington launched a Master of Supply Chain Management degree at their Foster School of Business, and UW Civil and Environmental engineerin

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Jerome Dubois of 6 River Systems named a 2019 supply chain Pro to Know

6 River Systems

6 River Systems co-founder and co-CEO Jerome Dubois has been named a Pro to Know by Supply and Demand Chain Executive , the executive’s user manual for successful supply and demand chain transformation. The Pros to Know Awards recognize supply chain executives, and manufacturing and non-manufacturing enterprises, that are leading initiatives to help prepare their companies’ supply chains for the significant challenges of today’s business climate.

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Three Ways IoT is Changing the Supply Chain Game

Tive

From connected cars to home automation, the Internet of Things, or IoT, is enabling new levels of convenience and efficiency in every industry. And Supply Chain is no exception.

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23 warehouse pros reveal the best ways for warehouses to control & reduce fulfillment costs

6 River Systems

Every warehouse strives for efficient order fulfillment. But without an effective fulfillment strategy, it’s difficult to control fulfillment costs, which can have a negative impact on the company’s bottom line. There are many factors that can impact costs, from warehouse replenishment practices to the warehouse equipment deployed to support the fulfillment process.

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Monetizing Analytics Features

Think your customers will pay more for data visualizations in your application? Five years ago, they may have. But today, dashboards and visualizations have become table stakes. Turning analytics into a source of revenue means integrating advanced features in unique, hard-to-steal ways. Download this white paper to discover which features will differentiate your application and maximize the ROI of your analytics.

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Logistics Tech Truth + Rumors with Adam Erickson from Hulft [podcast]

Freight Plus

AI, AR, Blockchain, IoT, RPA, VR, etc etc etc. There's a lot of new tech entering the supply chain but what, if any of it actually has any value to YOU and more importantly, your customers? This week, Adam Erickson from Hulft joins Tim on the show as they tackle logistics tech's truth and rumors, growing up American in Japan, Fast & The Furious: Tokyo Drift, and so much more.

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The State of Sustainable Procurement: What to Expect in 2019

EcoVadis

We’re still very early into 2019 and all signs point to an interesting year ahead. Just a couple of weeks ago, climate change has been the talk of Davos , indicating the global businesses community has woken up to the severity of environmental concerns on society, brand reputation and the bottom line. From a business ethics perspective, the United States recently pressed charges against Chinese technology company Huawei for stealing trade secrets from its American rival and committing bank fraud

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This Week in Logistics News (February 18-22, 2019)

Talking Logistics

It was school vacation week, which means I got more skiing than work done these past few days. I give thanks whenever I come off the mountain uninjured, especially after going 32 mph down a run (it’s important to note that my kids flew by me on the way down, so I am grateful that they made it down uninjured too). We’re going skiing again today, the last time this season, so I’m not out of the woods yet.

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Why You Should Be Comparing Your Freight Rates

Kuebix

Logistics professionals have their work cut out for them just to get their freight to the customer on time without the added pressure to shop around to find the best deal. At least, that’s the case for folks who are still managing their freight operations in the old-fashioned way, with phone calls to carriers and […]. The post Why You Should Be Comparing Your Freight Rates appeared first on Kuebix.

Freight 126
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GEP Outlook Report 2024

Procurement and supply chain leaders have faced their share of disruption and economic turmoil these past four years. Whether from geopolitical tensions or the havoc caused by the pandemic and its aftershocks, plenty of challenges remain. Despite this, leaders are seeing a glimmer of light at the end of the tunnel — inflation is decreasing, interest rates are leveling off and supply chain volatility is easing.

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Carriers score record-high profits and record-low bankruptcies in 2018

DAT Solutions

The annual reports have all rolled in from publicly traded transportation companies, and it's obvious that 2018 was a record-setting year in many ways. Trucking companies of all sizes enjoyed unparalleled financial success in 2018, with the largest increases in total revenues and operating profits. Freight rates rose faster and higher than ever before — or at least since deregulation in the 1980s — as demand grew and ELDs throttled capacity.

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Simple and Intuitive? The Reality Of Using Spreadsheets Instead Of Online Inventory Management

Unleashed

We’ve all been there: you’re just starting your business and you need to keep track of your inventory stock. You don’t need anything fancy, it’s not like you have a lot of transactions to monitor, you just need a way to record stock flowing in and out of your store. So you turn to Microsoft Excel, or Google Sheets, or Numbers, or LibreOffice Calc, or whatever other spreadsheet software you’ve loaded onto your computer sometime in the recent past.

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3 new tax rules could save you thousands

DAT Solutions

How big will your tax refund be this year? Thanks to the Tax Cuts and Jobs Act — which applies to the 2018 tax year — most taxpayers will see a reduction in their total tax bill for 2018. There are 3 significant changes to the tax code that should let taxpayers keep more of their money this year, in most cases: Higher standard deduction.

Freight 71
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Why Marketing Fulfillment Matters: 8 Marketers Share Their Insights

Amware Logistics and Fulfillment

Successful marketing is a bit of a balancing act. The best strategies are built on the right mix of media, messages, timing and budget, with enough flexibility to nimbly respond to changing conditions. But don’t overlook the importance of good execution. How many times have you seen a brilliant idea or plan fail because it wasn’t well carried out?

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How To Package & Price Embedded Analytics

Just by embedding analytics, app owners can charge 24% more for their product. How much value could you add? This framework from Software Pricing Partners explains how application enhancements can extend your product offerings. You’ll learn: How to take a disciplined approach to pricing The three elements of the Packaging Decision Framework Ways to structure your new embedded analytics offering Download the White Paper to learn about How To Package & Price Embedded Analytics.

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3 new tax rules could save you thousands

DAT Solutions

How big will your tax refund be this year? Thanks to the Tax Cuts and Jobs Act — which applies to the 2018 tax year — most taxpayers will see a reduction in their total tax bill for 2018. There are 3 significant changes to the tax code that should let taxpayers keep more of their money this year, in most cases: Higher standard deduction.

Freight 71
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Spacious Potential in the Sharing Economy

APICS

Although only 19 percent of U.S. adults have engaged in a sharing-economy transaction, PwC research reveals that 83 percent of survey respondents believe these services make life more convenient and efficient, 76 percent say they are better for the environment, and 43 percent admit that owning things can feel like a burden.

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Carriers score record-high profits and record-low bankruptcies in 2018

DAT Solutions

The annual reports have all rolled in from publicly traded transportation companies, and it's obvious that 2018 was a record-setting year in many ways. Trucking companies of all sizes enjoyed unparalleled financial success in 2018, with the largest increases in total revenues and operating profits. Freight rates rose faster and higher than ever before — or at least since deregulation in the 1980s — as demand grew and ELDs throttled capacity.

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Freight Broker Planet Podcast: TMS SOFTWARE

Tailwind

A Q&A podcast answering the most frequently asked questions on the need for TMS software and its uses. Hosted by Freight Broker Planet and featuring Tailwind Transportation Software President & CEO, Murray Pratt. The post Freight Broker Planet Podcast: TMS SOFTWARE appeared first on Tailwind Transportation Software.

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GEP Spend Category Outlook 2024

Your Roadmap to Smarter Spend Management in 2024 Geopolitical, economic and supply chain challenges will stick around in 2024, but don’t despair. There are strategic opportunities to leverage AI-powered technology and digital toolsets to overcome these hurdles more effectively. GEP experts in nearly two dozen critical categories guide you in the right direction in our annual comprehensive resource — GEP Spend Category Outlook 2024.

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Janeiro at SXSW: Designing for the Next 30 Years of the Web

Janeiro Digital

I’m excited to announce that our CTO, Justin Bingham, will take the stage on Sunday, March 10 at SXSW alongside John Bruce, CEO of inrupt to talk about “Designing for the Next 30 Years of the Web.” You can register to attend the session here. Why are we talking about the next 30 years? Because on March 12, 2019, the World Wide Web turns 30 years old, a huge milestone in the evolution of digital innovation and commerce.

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Logistics Tech Truth + Rumors with Adam Erickson from Hulft [podcast]

Freight Plus

Logistics Tech's Truth and Rumors with Adam Erickson from Hulft