Logistics Viewpoints

FEBRUARY 2, 2024

And now on to this week’s logistics news. percent drop in annual sales, UPS forecast a 2024 upswing of as little as 1.1 UPS is seeking alternative strategies for its truck brokerage business, which has seen sales plummet amid a freight recession marked by declining rates and over capacity. The shares fell as much as 7.6

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GlobalTranz

MARCH 17, 2022

The manufacturing industry faces many challenges, such as a skilled labor shortage, supply chain instability, and inventory management issues. GlobalTranz works with manufacturing shippers every day to move their goods and streamline their logistics strategies. Supply Chain Management and Maintaining Inventory.

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Logistics Viewpoints

JANUARY 12, 2024

And now on to this week’s logistics news. In 2023, Amazon experimented with new logistics strategies and technologies to quickly fulfill and deliver orders, and these changes paid off big. The faster delivery times this year specifically may be attributed to changes in Amazon’s logistics strategy. went out of business in 2023.

Logistics Network Optimization Software 257

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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. The supply chain is evolving, and the standards used for managed logistics transportation services today are more data- and technology-driven than those of the past. This can be a confounding issue.

Logistics Network Optimization Software 251

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Logility

JULY 5, 2023

Here are 3 examples: Enhanced Demand Forecasting Accurate demand forecasting is the cornerstone of effective supply chain planning. By employing deep learning techniques, generative AI models can recognize patterns and correlations that may elude traditional forecasting methods.

Supply Chain Planning Software 191

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GlobalTranz

AUGUST 11, 2021

The supply chain is evolving, and the standards used for managed logistics transportation services today are more data- and technology-driven than those of the past. Shippers should consider the following as indicators for when to add an outsourced managed logistics transportation services provider. This can be a confounding issue.

Logistics Network Optimization Software 294

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Logistics Viewpoints

MAY 27, 2022

Dick’s Sporting Goods Beats Forecast in Q1 But Cautions on Inflation, Supply Chain. 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 US Department of Transportation reported that transborder freight between the U.S.

Logistics Network Optimization Software 251

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ThroughPut

SEPTEMBER 1, 2020

What is Logistics Forecasting? Logistics demand forecasting is the process of accurately anticipating the demand for products, services, and shipments throughout the supply chain. Why is Logistics Forecasting a Complex Process? Are you Forecasting Logistics Accurately?

Forecasting 52

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Logistics Viewpoints

MARCH 31, 2022

Already upended for two years by the COVID-19 pandemic, the worldwide logistics industry is facing new challenges. If there’s a bright spot anywhere it’s the fact that, as logistics challenges have grown, so has the availability of advanced technologies to manage these challenges.

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Freightos

SEPTEMBER 8, 2020

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 $4,000/FEU to the East Coast – which was surprising as most analysts thought that rates and profits would freefall. Is ocean freight pricing broken? Was it profiteering? FREE SAMPLE REPORT.

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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? Was it profiteering?

Purchasing Skills 217

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The Logistics & Supply Chain Management Society

OCTOBER 15, 2023

The Evolution of Asset Management: Humans, Inventory and the Rise of AI by Jeroen Hendriks , Director at Art of Supply Chain Sdn Bh In the ever-evolving landscape of organisational success, the spotlight is now on asset management. However, inventory is also an essential asset for many businesses.

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Logistics Viewpoints

JANUARY 20, 2023

And now on to this week’s logistics news. This new system of inventory management will go into effect on March 1, and will replace weekly restock limits that Amazon used for calculating FBA storage. Directors at Amazon agencies and accelerators said that these new changes will help sellers forecast inventory better.

Logistics Network Optimization Software 192

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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

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ThroughPut

JANUARY 18, 2024

Lack of digital connectivity made it hard to tie together global operations for supply chains, including inbound and outbound logistics. Third-party logistics (3PL) are fulfilling gaps between elevated demand and limited supply while remaining accessible, affordable, and compliant. Strategies to enhance inbound logistics are: 1.

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Supply Chain Shaman

JULY 15, 2021

Today’s supply chains assume that logistics is readily available. The rude awakening is that Supply Chain Leaders have no ability to manage logistics as a constraint. Our logistics systems are inadequate for what we are going to experience in the coming months. Logistics Infrastructure Issues. Price Increases.

Supply Chain Design Software 369

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Operations and Supply Chain Management

OCTOBER 18, 2021

Forecasting Shipping Delays; Cargo Swamps Airports; Alibaba’s Challenge. A growing number of logistics operators and industry observers see the snarls bottling up supply chains this year extending deep into 2022. Freight heavyweight J.B. Freight heavyweight J.B. View in web browser ›. By Paul Page. Advertisement.

Forecasting 52

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ToolsGroup

JULY 25, 2023

In the wake of disruption, interest in probabilistic forecasting and ToolsGroup’s acclaimed solutions began skyrocketing, spurring the search for additional resources to support the company’s increasing scope. At the same time, Lãberit had begun expanding its consulting services to organizations throughout the supply chain sector.

ToolsGroup 156

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Logistics Viewpoints

MAY 26, 2022

Challenges drive dramatic shifts in supply chain and logistics. Across many of our industries, conventional wisdom about best practices for supply chain operations and logistical networks is being challenged. There are lively debates about the meaning and prioritization of scale, globalization, outsourcing, and inventory optimization.

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GlobalTranz

MAY 26, 2021

Many people associate reverse logistics to simply cover returns, but it is much more broad than that. Beyond answering “what is reverse logistics,” it is important to understand the history of reverse logistics, the benefits of reverse logistics and why it’s a rising practice, especially in aftermarket industries.

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The Logistics of Logistics

OCTOBER 9, 2023

Jason is Co-founder and CEO of Shipium , a technology-driven supply chain and logistics company that helps ecommerce companies deliver their orders fast, free, and on-time. Prior to founding Shipium, he spent 19 years at Amazon as VP of Retail Systems and VP of Forecasting & Supply Chain. The Greenscreens.ai

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Logistics Viewpoints

JUNE 17, 2022

And now on this week’s logistics news: Amazon says it will launch drone deliveries this year. Overstock is ready to take advantage of inventory glut. GM partnered with GKN Additive Forecast 3D, to quickly print the components using a flexible material that met GM’s criteria.

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Unleashed

JANUARY 14, 2024

Manufacturing inventory management is crucial to the success and profitability of your manufacturing operations. This guide for manufacturers explains how it works and explores the most effective ways to manage inventory in manufacturing. In this manufacturing inventory management guide What is manufacturing inventory management?

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BR Williams Supply Chain Management

MARCH 10, 2023

We would like to share some insights on the general economy and freight market specifically with you: our customers, employees, business partners and community. While many economists warned of the inherent uncertainties of a market dependent upon new variables with very little historical precedent, few predicted the freight recession of 2022.

Freight 98

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SCMDOJO

APRIL 9, 2024

The term “logistics” may be relatively new, but its general principles date back to ancient civilizations. The early Mesopotamians, Egyptians, Greeks, and Romans pioneered the principles of logistics and designed trade routes to facilitate their connections with other nations.

Supply Chain Design Software 77

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Logistics Bureau

OCTOBER 10, 2022

Too much inventory in your distribution network? Inventory costs too high? These are all pervasive issues for supply chain operators worldwide—and are classic symptoms of suboptimal inventory performance. But what exactly does inventory optimisation mean, and what obstacles must first be broken down to achieve it?

Modeling 95

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Logistics Viewpoints

JANUARY 28, 2022

And now on to this week’s logistics news. Forecast says US drayage rates will continue to rise in Q1. Built by Swedish freight technology company Einride, the Pod features a tall, glass window behind which the vehicle’s sensors can be placed high for maximum situational awareness and thus safer deployment.

Logistics Network Optimization Software 211

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GlobalTranz

FEBRUARY 24, 2021

Of course, more data amounts to increased visibility and, therefore, actionability to prevent disruptions from contributing to higher freight spend. As also reported by Accenture , “To help leaders use insights to respond with confidence, companies should use a logistics control tower to get a real-time view of operations.

Resource Reduction 276

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Supply Chain Matters

MAY 22, 2023

freight and logistics industry continues to mitigate recessionary conditions including the April 2023 Logistics Manager Index reaching its lowest level lowest level in six years and one-half years. freight, logistics and parcel movement industry. Freight rate reportedly fell 37 percent.

Negotiating Skills 52

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Logility

OCTOBER 25, 2022

Accurate Forecasts, Lower Supply Costs, and Faster Cash-to-Cash Cycles . These high-performing companies weather supply chain disruptions better, make speedier decisions, and perform more accurate forecasting. AI can help you improve demand forecasting and inform integrated business planning (IBP). Production. Distribution.

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Logistics Viewpoints

SEPTEMBER 26, 2022

But SHIFEX, the freight forwarder rate index, recently recorded the lowest ocean freight rate between China and the port of Long Beach in 24 months —a rate of $3,500 to move a 40-foot container. It is difficult to forecast dropping demand. This is an 80% drop year on year drop.

Vendor Strategies 204

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Resilinc

APRIL 30, 2024

If these forecasts are correct, 2024 will shake out to be the third most active hurricane season on record. The 2024 hurricane season is expected to be extremely active, with multiple forecasts predicting above-average activity, increasing the potential for supply chain disruptions. This can lead to increased freight rates.

Supply Chain Software 91

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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.

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ToolsGroup

MAY 17, 2016

Industry analysts have pointed out an obvious fit with inventory optimization. If retailers optimize their inventory—dynamically aligning their supply chains to changing customer preferences and behavior—they can position inventory to satisfy demand at the lowest possible cost.

Optimization Software 180

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ShipBob

APRIL 15, 2024

That means you must see a sufficient return on your inventory investment. In other words, you need to make more money selling your inventory than you spent to acquire, store, and fulfill orders with it. In this post, we’ll cover what GMROI is and why it’s important for your retail inventory management.

Inventory Reduction 52

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SCMDOJO

MARCH 27, 2024

That includes inventory tracking, order management, demand forecasting, and logistics planning. 2 Magaya Supply Chain Another logistics and supply chain management tool is the Magaya Supply Chain. It encompasses a wide range of features from freight forwarding to brokerage. Cons: Focused on freight.

Supply Chain Design Software 70

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Unleashed

JULY 25, 2023

The inventory turnover ratio measures how often stock is sold and replaced over time. It’s a vital inventory accounting metric for monitoring sales and managing perishable goods – without it, your business will struggle to operate efficiently and could start losing money fast. Inventory turnover is expressed as a financial ratio.

Inventory Reduction 52

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