Freightos

OCTOBER 11, 2023

Europe prices (FBX11 Weekly) decreased 10% to $917/FEU. Europe weekly prices fell 5% to $3.76/kg. Europe – N. Existing inventories by some importers and decisions to order early by others may have contributed to the brief and early peak in August. Asia-US East Coast prices (FBX03 Weekly) fell 8% to $2,245/FEU.

Asia 156

Asia Europe Price Reduction 156

Resilinc

DECEMBER 21, 2023

Understand how the recent Red Sea ship attacks are impacting global supply chains and how to mitigate potential risks. Ships are avoiding Egypt’s Suez Canal, the shortest maritime route from Europe to Asia and one of the world’s most important waterways, which accounts for about 12% of the world’s shipping traffic.

Supply Chain Planning Software 61

Supply Chain Planning Software Shipping Supply Chain Software Logistics Network Optimization Software 61

Supply Chain Game Changer

JULY 2, 2021

Shipping container shortage article and permission to publish here provided by Sam White at Argentus. The massive global shipping squeeze. In their story about the shipping shortage, the CBC quoted shipping analyst Alan Murphy, who detailed how this changing demand has massively disrupted the global shipping market.

Shipping 105

Shipping Agile and Lean Supply Chain Supply and Demand Price Reduction 105

Kinaxis

APRIL 18, 2018

by Dr. Madhav Durbha With the Alps as a backdrop, LogiPharma Europe 2018 proved to be both energizing and thought provoking. Given that the cells involved are living, they have very short lifespans and must be shipped in tightly managed, cryogenic conditions in a timely manner.

Pharmaceutical 141

Pharmaceutical Supply Chain Planning Software Europe Supply Chain Network Software 141

Logistics Viewpoints

OCTOBER 28, 2022

Amazon to double Europe EV fleet by 2025. UPS earnings rise as higher prices offset shipping slowdown. Sam’s Club finalizes chain-wide deployment of robotic inventory scanners. The online retail giant currently has more than 3,000 electric vans delivering packages to customers in Europe. over the next seven years.

Logistics Network Optimization Software 194

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Freightos

JUNE 15, 2021

You’ve seen the Suez Canal memes, you know furniture is taking way longer than usual to get to your door, and you may have even heard about Pelotons shipped by air to reduce delivery times. While the cure for COVID is well on its way, there is no vaccine for what’s afflicting container shipping. But that’s changed. Logistics is global.

Global 395

Global Supply Chain Price Reduction Supply and Demand 395

Logistics Viewpoints

JANUARY 22, 2024

It is commonly believed that Europe leads the US in environmental, social, and governance legislation and enforcement. They can also order online and have goods shipped to their home. Historically, an OOM has access to all the company’s inventory. A customer can of course buy goods in a store.

Supply Chain Optimization 233

Supply Chain Optimization Modeling Supply Chain Software Optimization Software 233

Freightos

JANUARY 15, 2024

For example, the Freightos Baltic Index indicates a 69% increase to North America’s East Coast and a staggering 226% to Northern Europe since the crisis began. This optimism is buoyed by the fact that 55% of importers have their inventories in check, anticipating a stronger freight demand in the coming year.

Negotiating Skills 289

Negotiating Skills Optimal Sourcing Price Reduction Vendor Strategies 289

Logistics Viewpoints

FEBRUARY 23, 2024

The most significant delays are evident in shipments originating from Asian ports destined for Western Europe and the East Coast of the United States. These disruptions significantly impact just-in-time inventory systems and cause substantial upheaval in the supply chain schedules of numerous organizations. Walmart’s U.S.

Supply Chain Planning Software 249

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Supply Chain Strategy 249

ShipBob

NOVEMBER 6, 2023

Table of Contents ** Minutes What is an inventory audit? When it comes to selling goods, ecommerce businesses may audit their inventory — whether it’s for tax purposes annually or to simply verify units on hand. Inventory audits can be done in-house or by a third party and represent one point in time. What is an inventory audit?

Inventory Reduction 52

Inventory Reduction Inventory Inventory Management Software Forecasting Software 52

Supply Chain Shaman

SEPTEMBER 5, 2022

COVID is far from over and food instability, coupled with drought, is driving migration from Sudan to Europe. Inventory Is an Egregious Symptom of Supply Chains Gone Wrong. Today, inventory fire sales abound. Headline news included Wal-Mart, Target, Kohl’s and Macy’s struggling with inventory bloat and offering deep discounts.

Supply Chain Planning Software 235

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Supply Chain Strategy 235

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

Purchasing Skills Inventory Inventory Management Software Forecasting Software 52

Logistics Viewpoints

FEBRUARY 2, 2024

Soft demand in Europe and the US led to an overall decline of 7.5 Amazon achieved its fastest-ever global shipping times last year but isn’t resting on its laurels. While I like his optimism, I’ll believe it when I see it. And now on to this week’s logistics news. The shares fell as much as 7.6 percent in early U.S.

Cost Reduction Strategies 234

Cost Reduction Strategies Inventory Reduction Logistics Network Optimization Software Manufacturing Procurement 234

Logistics Viewpoints

OCTOBER 6, 2023

For example, in June 2021, Washington Prime Group, a shopping mall real estate company that owns 102 locations around the US filed for Chapter 11 bankruptcy protection, leaving space for e-commerce firms to potentially move their inventory and fulfillment operations in. And now on to this week’s logistics news.

Logistics Network Optimization Software 246

Logistics Network Optimization Software Logistics Negotiating Skills Ireland 246

ShipBob

AUGUST 16, 2021

In order to keep up with the unprecedented volume in such a short time span, it’s important you have the right shipping strategy and fulfillment processes in place. In this article, you will learn about the common challenges DTC brands face during peak shipping season, and how you can prepare your online store for success.

Shipping 98

Shipping Inventory Reduction Material Savings Supply Chain Planning Software 98

ToolsGroup

APRIL 1, 2022

Increased Shipping Costs, Delays, and Transportation Issues. Dealing with the Shipping Container Crisis. Such measures include communicating with suppliers and customers , using demand shaping to overcome inventory shortages, seeking additional suppliers, and building more onshore facilities. Automotive News Europe ).

Material Savings 207

Material Savings Purchasing Skills Supply Chain Planning Software Manufacturing Procurement 207

Logistics Viewpoints

DECEMBER 5, 2022

Those shipments can move directly to customers or move to several regional distribution centers (DCs) that serve as forward inventory locations and consolidation hubs servicing customers and channel partners. The 2010 Eyjafjallajökull volcano eruptions in Iceland, for example, caused enormous disruption to air shipments across Western Europe.

Agile and Lean Supply Chain 196

Agile and Lean Supply Chain Rail Software Manufacturing Procurement Supply Chain Planning Software 196

Logistics Viewpoints

JUNE 20, 2022

Goods move through 25 ports of entry into North America and 10 in Europe, the Middle East, and Africa. There will be one view of inventory across the entire distributed network.”. The old product development process involved shipping prototypes back and forth. The company works with 13 ocean carriers and 7 air carriers.

Agile and Lean Supply Chain 211

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

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

BlueYonder

JUNE 16, 2022

In his recent blog , Anmol Khurana discussed the immediate effects of the Russia-Ukraine conflict for companies shipping products in and out of the region. While Russian cargo sits on loading docks and ships, waiting to be inspected and rerouted, throughput levels are down across Europe — with noticeable effects on product availability.

Inventory Management Software 52

Inventory Management Software Inventory Management Inventory Reduction Optimal Sourcing 52

CH Robinson Transportfolio

JULY 19, 2020

Less than container load (LCL) shipping is rapidly becoming a go-to service option for businesses seeking help in a complex global logistics industry. As COVID-19 affected businesses around the world, the need for expedited LCL shipping grew significantly. The right level of LCL shipping expertise. Reduced costs.

Material Savings 44

Material Savings Cost Reduction Strategies Inventory Reduction Shipping 44

EMERGE App

FEBRUARY 22, 2019

And we pick the most cost effective means of shipping. 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. What is Inventory Carrying Cost?

Inventory Reduction 75

Inventory Reduction Cost Reduction Strategies Purchasing Skills Inventory 75

ModusLink Corporation

JANUARY 24, 2024

A container ship passes beneath a suspension bridge as it departs for Europe. Diversification of Shipping Routes: Evaluate alternative shipping routes that bypass regions prone to geopolitical tensions or piracy. This update explores essential strategies.

Supply Chain Planning Software 78

Supply Chain Planning Software Sourcing Strategies Supply Chain Strategy Supply Chain Planning 78

Jaggaer

APRIL 14, 2020

And of course, the problem is acute right across Europe. Goods will be arriving in ships but many of them will have nowhere to go so long as many retail outlets are shut, We will see how well the logistics industry copes in a few weeks’ time, but companies such as Maersk remain confident. Reshoring does not bring certainty of supply.

Supply Chain Disruption 52

Supply Chain Disruption Europe Cost Reduction Strategies Material Savings 52

Logistics Viewpoints

DECEMBER 2, 2022

IBM and Maersk abandon ship on TradeLens blockchain. FedEx Express Europe debuts renewable diesel in Netherlands. The application then maps the information, highlighting current inventory selection and quantity at each location, the Amazon unit said. Amazon is shuttering some India businesses amid global cuts.

Logistics Network Optimization Software 189

Logistics Network Optimization Software Waste Reduction Vendor Strategies Expense Reduction 189

BlueYonder

FEBRUARY 1, 2024

Since mid-November, Houthi rebels in Yemen have intensified their assaults on commercial shipping vessels navigating through the lower Red Sea, in response to situation in Gaza. Currently, the average delay for shipping vessels around the Cape of Good Hope is 9–12 days versus the direct route.

Predictive Analytics 63

Predictive Analytics Predictive Analytics Software Analytics Software Yemen 63

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. . As reported by OSW studies , China determined that rail service between western China, Kazakhstan, Russia, and Europe would best serve the unique needs of these manufacturers. Investment in rail infrastructure.

Asia 46

Asia Europe Logistics Network Optimization Software Cost Reduction Strategies 46

BlueYonder

JULY 26, 2022

How can retailers connect the two, so that inventory is optimally located for that final leg of the journey? Linking demand and fulfillment with inventory planning remains an underexplored advantage that will help combat consumer expectations that span not just speed and convenience, but sustainability too. In the U.S.,

Modeling 62

Modeling Supply Chain Planning Software Optimization Software Optimization Modeling 62

Logistics Viewpoints

FEBRUARY 25, 2022

Given low inventories and dwindling spare capacity, the oil market cannot afford large supply disruptions,” said UBS analyst Giovanni Staunovo in a Reuters article. Those shipments need to go by Ocean or the more expensive Air mode if ship berths can’t be found. Map of Natural Gas Pipelines into Europe.

Price Reduction 207

Price Reduction Ukraine Russia Logistics Network Optimization Software 207

Logility

MARCH 29, 2022

Manufacturers and shipping companies assumed that because of layoffs, demand would drop. This then led to … A shipping container shortage: Containers piled up across the world once they were emptied. Ports became overwhelmed: Orders outstripped available containers, which caused the cost of a shipping container to skyrocket.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Software Supply and Demand Supply Chain Optimization 130

The Logistics & Supply Chain Management Society

AUGUST 14, 2023

While most studies focus on USA and Europe, we recognised the unique challenges faced by Asian supply chains, especially during the pandemic. Many traders and retailers faced inventory shortages due to delayed deliveries of goods. Establishing policies within the system ensures efficient inventory management.

Purchasing Skills 130

Purchasing Skills Buyer Training Asia Supply Chain Design Software 130

Logistics Viewpoints

JUNE 1, 2023

As we’ve seen over the past few years, businesses will keep automating and integrating supply chain planning capabilities, including demand-sensing, dynamic safety-stock management, inventory optimization, and external collaboration. They are more likely to shop for discounts and sales and may delay purchases of some items.

Supply Chain Planning Software 192

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Software 192

Logistics Viewpoints

JUNE 26, 2023

The company chose 4Flow to do transportation planning and execution in Europe. For the largest retailers, short shipping results in fines and penalties. “I’ll The algorithms generate recommendations on optimal ways to rebalance inventory based on cost and service level impacts. The change management was difficult.”

Supply Chain Planning Software 207

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Planning 207

SCMDOJO

APRIL 15, 2024

Prime Membership: Amazon Prime – Subscription service offering benefits such as free two-day shipping, access to Prime Video, Prime Music, and exclusive deals. With a wide array of products stored in its fulfillment centers, Amazon can consolidate orders and optimize its inventory management systems.

Logistics Network Optimization Software 79

Logistics Network Optimization Software Inventory Reduction Sourcing Strategies Inventory Management Software 79

Logistics Viewpoints

SEPTEMBER 29, 2022

A centralized structure could provide standardization benefits that could deliver efficiencies through bulk purchasing, broader understanding of materials requirements, and more effective shipping practices. They identified a multimillion-dollar opportunity to reduce costs through more efficient shipping.

Supply Chain Transformation 242

Supply Chain Transformation Network Optimization Supply Chain Network Software Optimal Sourcing 242

BlueYonder

FEBRUARY 1, 2024

Since mid-November, Houthi rebels in Yemen have intensified their assaults on commercial shipping vessels navigating through the lower Red Sea, in response to the situation in Gaza. Currently, the average delay for shipping vessels around the Cape of Good Hope is 9–12 days versus the direct route.

Predictive Analytics 52

Predictive Analytics Predictive Analytics Software Analytics Software Yemen 52

The Logistics & Supply Chain Management Society

MARCH 22, 2022

Shortage of commodities, raw materials, electronic components, computer chips, ships, lorries etc. Nationalism and patriotic feelings rose and spread: in Hong Kong against the Mainland Chinese, in Singapore against foreign talent, in Europe against refugees, in Britain against immigrants, and certainly in the U.S.

Pharmaceutical 246

Pharmaceutical United Kingdom Agile and Lean Supply Chain Manufacturing Procurement 246