Ware2Go

JUNE 20, 2023

See the latest insights on ocean freight rates and other trends that fast-growing businesses should know about to plan for 2023 peak season. In this article: Ocean Freight: Key Stats & Industry News Ocean Freight Shipping: What to Watch For In 2023 Freight Shipping From China & Alternatives What Are The Current Ocean Freight Rates?

Negotiating Skills 98

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The Logistics of Logistics

SEPTEMBER 25, 2023

Paul is the Founder and Chief Strategy Officer of Verusen , a supply chain intelligence platform, purpose-built to help manufacturers streamline their MRO supply and materials management. Verusen provides configurable, scalable, and sustainable supply optimization for MRO, spare parts, and indirect materials. The Greenscreens.ai

Optimal Sourcing 263

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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? And it can be fixed.

Purchasing Skills 217

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Logistics Viewpoints

MARCH 22, 2024

could design and manufacture the advanced computer chips that power everything from lawnmowers to supercomputers on its own soil, instead of having to outsource production to Asia. The $2,500 spread between spot market rates and long-term freight contract rates for Asia to U.S. Intel wins $19.5 Intel wins $19.5

Logistics Network Optimization Software 225

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AIMMS

OCTOBER 17, 2023

Sustainable supply chains are not just beneficial for society and the environment; they’re crucial for a business’s future prosperity. According to a Proxima report “Investing in a Sustainable Supply Chain,” there has been a significant change in the priorities of investors. trillion opportunity.

Optimal Sourcing 156

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Unleashed

JANUARY 3, 2023

As a manufacturer, a lot of businesses and customers rely on you to get things done on time. But when your cash is locked wages, managing inventory , lines of credit, and other costs, it can slow down productivity – even bring it to a standstill. This can lead to company losses, unhappy customers, and, eventually, insolvency.

Manufacturing Procurement 96

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Logistics Viewpoints

APRIL 29, 2022

Amazon announces new changes to inventory limits. Earth Day roundup: companies announce sustainability goals. Bank of America sounding the alarm on collapsing freight demand. Existing inventory that fits the qualification for the extra-large storage type will automatically be reclassified as extra-large.

Logistics Network Optimization Software 181

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GlobalTranz

DECEMBER 18, 2014

Still in all most fabricators have seen steel sales rise and customer demands and inventory requirements increase over the past several years. Now is the Time for Manufacturing to Look at Logistics Efficiency. This has sent some of them to vendor showrooms seeking new, capacity-building equipment. The keyword here is fast.

Manufacturing Procurement 236

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Turvo

SEPTEMBER 16, 2021

What’s in this Sustainable Supply Chain article : The problem of carbon emissions and waste derived from supply chains. Seven ways Turvo helps build a more sustainable supply chain for third-party logistics providers (3PLs), shippers of raw materials and finished goods, and their end customers. greenhouse gas (GHG) emissions in 2018.”.

Supply Chain Planning Software 70

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ToolsGroup

JULY 25, 2023

The ToolsGroup and Lãberit partnership is already benefiting a large company dedicated to supplying products, services, and solutions to the ceramics and glass sector, supporting them in achieving efficient demand planning and inventory optimization with an end-to-end supply chain solution.

ToolsGroup 156

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Unleashed

JUNE 23, 2021

Best practice inventory management – and the wider world of supply chain management – has played a big part in business survival through 2021. With that in mind, here’s our pick of the 10 most important inventory management trends for 2022. 10 inventory management for 2022: 1. Inventory analytics goes mainstream.

Inventory Management Software 80

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Logility

OCTOBER 19, 2023

In addition, a considerable portion of freight transportation expenses continues to soar as diesel fuel costs surge by 20% year over year. To gain control over their costs and pricing, supply chain leaders must capitalize on the recent stabilization of production capacity and inventory levels.

Network Optimization Software 130

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Supply Chain Matters

APRIL 4, 2023

However, we discern some added signs excess inventories and of production sourcing shifts. Global Manufacturing Activity Levels Global manufacturing activity as reported by the J.P. From our lens, the latter is evidence of recessionary manufacturing conditions that are now stabilizing. That stated, the reported 49.6

Manufacturing Procurement 52

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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. It’s time to re-think how our products are manufactured and distributed.

Supply Chain Planning Software 290

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Supply Chain Matters

OCTOBER 12, 2022

The takeaway for September was that global manufacturing activity officially fall below the 50.0 Indicated in the report summary was: “ The sustained growth in the logistics industry continues to be fueled by high levels of inventory and the associated levels of cost and utilization associated with holding them. for September.

Inventory Reduction 59

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Logility

MARCH 29, 2022

Manufacturers and shipping companies assumed that because of layoffs, demand would drop. As the pandemic eased, ports suffered bottlenecks, natural disasters disrupted freight movement, railways suffered congestion, and new legislation further complicated the movement of goods. As you know, demand for some items surged.

Supply Chain Planning Software 130

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Logistics Viewpoints

MAY 26, 2022

There are lively debates about the meaning and prioritization of scale, globalization, outsourcing, and inventory optimization. Finally, the growing urgency to address climate change, as well as social and economic inequities, are compelling higher urgency to accelerate sustainability initiatives within logistics networks and elsewhere.

Logistics Network Optimization Software 263

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The Logistics of Logistics

SEPTEMBER 22, 2021

These firms facilitate the movement of parts and materials from suppliers to manufacturers, and finished products from manufacturers to distributors and retailers.”. Preferably, these services are integrated, or “bundled” together by the provider.

Logistics Network Optimization Software 130

Logistics Network Optimization Software Transportation Supply Chain Planning Software Warehousing 130

The Logistics of Logistics

OCTOBER 26, 2020

These firms facilitate the movement of parts and materials from suppliers to manufacturers and finished products from manufacturers to distributors and retailers. Vendor Managed Inventory. Inventory Management. Freight Payment / Claims Auditing. Sustainability. Sustainability and Green Logistics.

Logistics Network Optimization Software 244

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The Logistics & Supply Chain Management Society

DECEMBER 21, 2021

IDC expects spending on Digital Transformation (DX) on the top 5 use cases – smart warehousing, freight management, optimized operations, supplier network management, and predictive network inventory orchestration – to hit USD $33Bn in 2022. However, managing and tracking sustainability is a significant challenge.

Predictive Analytics Software 246

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Resilinc

JULY 20, 2021

In the decades since, Linton and his teams at IBM, LG, Flex and other companies have driven billions in annual procurement to China and other Asian countries, helping to create the Asia-centric manufacturing supply chains of today. based manufacturers will still need a strong supply base from friendly countries.

Manufacturing Procurement 62

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Logistics Viewpoints

OCTOBER 6, 2021

The economy is picking up after the severe contraction in labor, productivity, and inventory that occurred during the height of the pandemic. Inventory, Efficiency, and the Extended Supply Chain. But the US ratio of total business inventories to sales is hovering at a 25-year low. So it stretches back up the supply chain.

Supply Chain Disruption 213

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The Logistics & Supply Chain Management Society

MARCH 16, 2021

China fully shutdown its manufacturing output during this phase affecting consumers globally. Better demand sensing, shifts in customer behaviours, predictive/prescriptive case studies, shift in inventory stocking strategy and customer service. Manufacturing Planning. Escalating freight rates and severe capacity crunch.

Pharmaceutical 246

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Logility

OCTOBER 18, 2022

Prior to the pandemic, efficiency meant just-in-time manufacturing, but disruptions exposed the flaw in this approach. This means supply chain leaders have had to shift from using trains back to using ocean freight and getting goods to market takes longer. Lessons learned since the pandemic are the key to surviving new challenges.

Supply Chain Disruption 130

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Zipline Logistics

SEPTEMBER 7, 2021

If you have an order that needs to get to its destination in a hurry, expedited freight options could be your best choice for delivery. Though often a result of an unexpected need, there is still a way to control costs and ensure quality performance when arranging expedited freight services. What Is Expedited Freight?

Freight 52

Freight Negotiating Skills Manufacturing Procurement Inventory Reduction 52

Arkieva

AUGUST 8, 2016

A new study by the SupplyChainDigest analyzing the main components of working capital: Days Sales Outstanding (DSO), Days Inventory Outstanding (DIO), and Days Payables Outstanding (DPO) revealed an uptick in DIO. Sustainable Freight Action Plan for California is estimated to Improve Freight Efficiency by 25% in 2030.

Sourcing Strategies 60

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ThroughPut

MAY 5, 2020

Manufacturers usually define supply chain costs using the total cost of ownership. Most manufacturers aim at creating the most optimum supply chain for their organizations. The next step is to map out the manufacturing process flow and identify possible issues and quantify the costs associated with those issues.

Cost Reduction Strategies 64

Cost Reduction Strategies Manufacturing Procurement Inventory Reduction Negotiating Skills 64

GlobalTranz

JUNE 1, 2015

Customer expectations of reliable quality and rapid delivery forces today’s manufacturers to either shorten cycle times or lose business. There are multiple good models for lean manufacturing operations. Who Needs Lean Manufacturing? Inventory records, product specs, shipping documents contain errors.

Manufacturing Procurement 120

Manufacturing Procurement Waste Reduction Agile and Lean Supply Chain Inventory Reduction 120

The Logistics & Supply Chain Management Society

JULY 21, 2020

As an offspring of globalisation, supply chains are focused on optimisation – cost reduction, just-in-time deliveries and tight inventory-to-sales ratios. A significant paradigm shift in procurement and inventory control is an emerging area of focus. Build-In supplier network redundancies: Single-source dependency is high risk.

Supply Chain Planning Software 233

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BlueYonder

OCTOBER 5, 2023

It is important to note LSPs run a supply chain differently as compared to a retailer and a manufacturer. From a sustainability angle, they are making labor more productive. For example, freight forwarders are extending their service offerings to include e-commerce fulfillment. Technical innovation is a key aspect to this.

Logistics Network Optimization Software 112

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ModusLink Corporation

SEPTEMBER 1, 2023

Supply Chain Management In the ever-evolving world of freight and logistics, volatility has become the new normal. Procurement experts face transportation costs, customer demands, and high pressure on global container and air freight rates. This requires a proactive approach to compliance and a commitment to sustainability.

Optimal Sourcing 78

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Logistics Viewpoints

OCTOBER 5, 2021

Finally, as the world embraces more ambitious sustainability goals, logistics providers must minimize their environmental impacts. In their 2021 State of Supply Chain Execution Report, Blue Yonder and Reuters Events found that 63% of retailers and manufacturers have been affected by the availability of labor over the past year.

Logistics Network Optimization Software 211

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The Logistics of Logistics

NOVEMBER 15, 2021

These firms facilitate the movement of parts and materials from suppliers to manufacturers and finished products from manufacturers to distributors and retailers. Vendor Managed Inventory. Inventory Management. Freight Payment / Claims Auditing. Sustainability. Sustainability and Green Logistics.

Logistics Network Optimization Software 130

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Logistics Viewpoints

OCTOBER 20, 2023

-bound shipments post first annual gain in 14 months in September Teamsters at DHL rally for fair contract The Mississippi River has dropped to a historic low Amazon is introducing an array of new artificial intelligence and robotics capabilities into its warehouse operations that will reduce delivery times and help identify inventory more quickly.

Logistics Network Optimization Software 224

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Logistics Viewpoints

OCTOBER 6, 2023

So, when it comes to sustainability, we should be focusing on reducing emissions in the ocean that can kill off plant life. The reports underscore how private air fleets of express delivery companies are coping with a yearlong downturn in parcel volumes amid a broader freight recession that is also hurting airlines that carry general cargo.

Logistics Network Optimization Software 246

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ThroughPut

MAY 5, 2020

Manufacturers usually define supply chain costs using the total cost of ownership. Most manufacturers aim at creating the most optimum supply chain for their organizations. The next step is to map out the manufacturing process flow and identify possible issues and quantify the costs associated with those issues.

Cost Reduction Strategies 52

Cost Reduction Strategies Manufacturing Procurement Inventory Reduction Negotiating Skills 52

ThroughPut

MAY 5, 2020

Manufacturers usually define supply chain costs using the total cost of ownership. Most manufacturers aim at creating the most optimum supply chain for their organizations. The next step is to map out the manufacturing process flow and identify possible issues and quantify the costs associated with those issues.

Cost Reduction Strategies 52

Cost Reduction Strategies Manufacturing Procurement Inventory Reduction Negotiating Skills 52