Freightos

OCTOBER 31, 2022

But then global freight kicked in. . It really got tricky when we hadover thousands of unitsin production and were starting to book freight and suddenly realized that the cost of freight was almost 4 or 5X what we had budgeted. You can hear the full interview with Conor in our podcast series, Ship Happens. .

Supply Chain Planning Software 156

Supply Chain Planning Software Supply Chain Planning Supply and Demand Supply Chain 156

Cathy Roberson

SEPTEMBER 7, 2021

Despite supply chain costs increasing and available capacity almost a rarity, retailers are undertaking a variety of ways to make sure they receive their inventory in time for the ever-important holiday season. “We feel good about the composition of our inventory. It's been difficult to plan inventory flow with much precision.

Inventory Reduction 92

Inventory Reduction Inventory Sourcing Strategies Retail 92

Unleashed

DECEMBER 15, 2019

It’s easy to oversimplify the differences between sourcing for parts locally or internationally. When considering where to purchase from, the prevailing idea seems to be that domestic sourcing allows for better control and shorter lead time, but international sourcing is more cost-effective. International Sourcing.

Manufacturing Procurement 83

Manufacturing Procurement Sourcing Strategies Purchasing Skills Optimal Sourcing 83

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?

Inventory Management Software 52

Inventory Management Software Manufacturing Procurement Inventory Reduction Inventory Management 52

Talking Logistics

AUGUST 13, 2018

Companies across all industries are dealing with rising transportation costs and a key question many CEOs, CFOs, and supply chain executives are asking is, “What can we do to better manage and control our freight spend in today’s market?” Rising Freight Spend . One area that can quickly yield benefits is in parcel shipping.

Negotiating Skills 103

Negotiating Skills Optimal Sourcing Optimization Software Price Mitigation Strategies 103

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. Supply Chain Matters highlights continued evidence that the U.S. The two U.S.

Negotiating Skills 52

Negotiating Skills Inventory Reduction Cost Reduction Strategies Price Reduction 52

GlobalTranz

AUGUST 11, 2021

Indicator 1: It’s Difficult to Track Your Inventory From Suppliers Through Final Mile. Inventory tracking and visibility must be present from the first mile through the final mile, reflecting the entire shipment lifecycle through white glove services. Indicator 2: Freight Spend Seems to Be Spiraling Out of Control.

Logistics Network Optimization Software 294

Logistics Network Optimization Software Transportation Supply Chain Software Supply Chain Planning Software 294

Logistics Viewpoints

SEPTEMBER 26, 2022

For example, shippers spent much of last year bemoaning soaring ocean shipping rates and ships waiting for days to unload once they reached their destination port. Many companies work to conserve cash by paying their vendors more slowly.

Vendor Strategies 204

Vendor Strategies Forecasting Long Beach Supply Chain 204

20Cube Logistics

FEBRUARY 17, 2022

The rapid rate of technological change and faster access to a greater amount of data are resulting in a transformation of the freight forwarding process. According to several recent studies on the subject, there will be a significant reduction in the processing times involved in activities like shipping and customs. Working with Data.

Freight 75

Freight Resource Reduction Cost Reduction Strategies Inventory Reduction 75

Logistics Viewpoints

JUNE 26, 2023

Demand sensing involves the use of the external data sources – particularly the latest sales and market data – to improve short-term forecasting and then be able to use that improved understanding of consumer behavior to improve their supply planning. For the largest retailers, short shipping results in fines and penalties. “I’ll

Supply Chain Planning Software 206

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Planning 206

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. There was no air freight possible then into Europe,” added Gerald van den Eijnden. Molex Realizes it Needs Better Visibility.

Agile and Lean Supply Chain 196

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

Logistics Viewpoints

SEPTEMBER 16, 2021

Disruption has been the name of the game for more than a year as supply chain leaders have been dealing with changing buyer behaviors, inventory management challenges, labor shortages, weather and pandemic-related uncertainty, cyber security threats and capacity constraints that continue to create significant supply chain volatility.

Supply Chain Risk Management 215

Supply Chain Risk Management Risk Management Supply Chain Design Software Supply Chain Planning Software 215

ShipBob

JULY 28, 2023

But, the fact of the matter is, if you’re transporting products overseas then you need to know how to properly fill out a shipping manifest. Understanding the ins and outs of shipping manifests, and getting them right the first time, can save you a lot of time and stress down the line. What is a shipping manifest?

Shipping 52

Shipping Cargo Material Savings Third Party Logistics 52

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. Source: Descartes Datamyne.

Supply Chain Disruption 213

Supply Chain Disruption Agile and Lean Supply Chain Supply and Demand Supply Chain 213

Talking Logistics

NOVEMBER 15, 2016

Freight Audit may not be the sexiest aspect of transportation management, but that doesn’t mean it doesn’t play a critical role in helping companies effectively manage and control their transportation spend, as well as provide valuable insight to drive continuous improvement.

Freight 0

Freight Analytics Software Procurement Analytics Sourcing Strategies 0

Zipline Logistics

JUNE 29, 2021

The freight market has been on the receiving end of several systemic shocks that continue to affect industry providers and shippers alike. And when you add in the current labor and commodity shortages along with an inflationary environment, it is apparent why freight rates have been steadily climbing.

Freight 91

Freight Trends Los Angeles Manufacturing Procurement 91

Resilinc

NOVEMBER 2, 2021

In the race to fill distribution centers and store shelves with inventory for the holidays, some of the world’s largest retailers and ecommerce sellers are jumping ahead of smaller competitors by chartering ships, shifting freight to air, re-rerouting inland shipments, and hiring more staff for distribution centers and other supply chain nodes.

Inventory Reduction 62

Inventory Reduction Retail Cost Reduction Strategies Resource Reduction 62

GlobalTranz

SEPTEMBER 23, 2021

High freight volumes across all industries in the trucking market are expected to continue into 2022.? The added strain on resources is on track to force high freight volumes to continue well into the next year. Port backlogs, cargo limitations on container ships, and a lack of available equipment and port facility staffing.?

Prescriptive Analytics Software 308

Prescriptive Analytics Software Optimal Sourcing Pricing Training Negotiating Skills 308

Unleashed

MAY 7, 2023

With the right systems in place, manufacturing inventory management can help to reduce production and ensure all operational processes are carried out effectively and efficiently. In this guide, we cover the types of manufacturing inventory, the costs, and a few handy strategies for managing it effectively.

Manufacturing Procurement 52

Manufacturing Procurement Inventory Reduction Material Savings Inventory 52

Logistics Viewpoints

FEBRUARY 26, 2024

Everything from contrast dye, to tubing, to medical devices with embedded semiconductor chips would suddenly become difficult to source. For example, when a UPS strike was looming last year, the Interos solution automatically highlighted Cooper’s strategic suppliers that relied on UPS for shipping.

Supply Chain Planning Software 248

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Pharmaceutical 248

Intelligent Audit

JULY 27, 2021

Supply and demand are two sides of the same coin, the vital coin of inventory management supply chain analytics. Without adequate inventory and supply to go along with capacity and demand, supply chain management will struggle to keep pace during peak seasons. Peak Season Inventory Management and Fulfillment Depends on Market Trends.

Inventory Reduction 52

Inventory Reduction Vendor Strategies Cost Reduction Strategies Sourcing Strategies 52

Supply Chain Shaman

NOVEMBER 29, 2021

There is no planning model in traditional solutions that recognizes a logistics bottleneck and drives bi-directional orchestration across source, make and deliver. Labor shortages and shifts in routes reduce the availability of air freight. Inventories are out of balance with demand and the rising need for write-offs.

Supply Chain Planning Software 276

Supply Chain Planning Software Modeling Supply Chain Optimization Supply Chain Software 276

ToolsGroup

AUGUST 1, 2022

Returns come with plenty of challenges around logistics, inventory, and predicting volatile sales trends. Department of Commerce International Trade Commission , the percentage of retail sales sourced from ecommerce is predicted to increase into 2024–well beyond the lockdowns that caused the initial rise in ecommerce spend.

Retail 296

Retail Optimal Sourcing Purchasing Skills Procurement Solutions 296

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

Supply Chain Game Changer

OCTOBER 13, 2022

Either they can’t get products at all or there is a massive delay in when they can get them, resulting in upset customers, frustrated business owners, and overworked freight companies. To plan for Q4 inventory, you had to have your orders in place several months ago and now, it’s too late. Faster Shipping Times. Conclusion.

3PL 87

3PL China Inventory Reduction Supply Chain Planning 87

Ware2Go

OCTOBER 21, 2021

Customer expectations for shipping are higher than ever. Why Shipping Costs Matter. In today’s anything, anytime connected world, shipping costs and delivery speed have become make-or-break factors for small-and-medium sized businesses (SMBs) across the business-to-business (B2B) and business-to-consumer (B2C) spectrum.

Cost Reduction Strategies 52

Cost Reduction Strategies Expense Reduction Inventory Reduction Resource Reduction 52

Freightos

NOVEMBER 11, 2021

Late 2021 saw Maersk continue to shift towards vertical integrations, with acquisition of Senator, a German freight forwarder for $644 million dollars. For a forwarder, refraining from working with Maersk today is expensive because it removes 17% of global shipping capacity. Accelerating the shift. Image via StarAir.dk).

Price Reduction 177

Price Reduction Logistics Network Optimization Software Cost Reduction Strategies Expense Reduction 177

Silvon Software

JULY 22, 2022

For one thing, today’s operational processes have become more complicated due to the ever-growing number of sources, platforms and touchpoints that must now be analyzed in order to drive actionable insights from them. Inventory KPIs and Metrics for Managing Supply Chain Performance. Inventory Days of Supply. Turn-Earn Index.

Metrics 81

Metrics Manufacturing Procurement Supply Chain Planning Software Supply Chain Strategy 81

The Logistics & Supply Chain Management Society

AUGUST 19, 2022

The ongoing impact of the pandemic brings greater challenges and obstacles with increased consumer demand, limited resources, shipping congestion, and labor shortages. This data is combined with other sources to always know the location of the shipments and the condition of the cargo, facilitating rapid, real-time action if problems arise.

Supply Chain Disruption 246

Supply Chain Disruption Optimal Sourcing Supply Chain Software Agile and Lean Supply Chain 246

BlueYonder

MAY 14, 2021

One of the factors in that evaluation would also be the freight costs you incurred for that container and any additional costs if you are expediting another shipment. If you were to check the freight invoice, you probably paid four times the cost of the container as compared to last year! Chart Source: Freightwaves).

Cost Reduction Strategies 52

Cost Reduction Strategies Inventory Reduction Price Reduction Agile and Lean Supply Chain 52

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. Shipping costs have skyrocketed.

Supply Chain Planning Software 130

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

Zipline Logistics

OCTOBER 5, 2021

While it remains to be seen whether the coming quarter will live up to expectations, there are multiple powerful predictors hinting that the freight market will not wane in intensity over the coming months. Source FreightWaves’ Market Update. Port Congestion’s Worsening Makes for Tough Freight Market.

Freight 52

Freight Long Beach Capacity Supply and Demand 52

Intelligent Audit

FEBRUARY 3, 2022

In freight auditing, freight audit advisors work with freight shippers to ensure that all charges are accurate and to prevent wasting money. Shippers can ensure they are getting the best possible rates from their carriers by working with a freight audit consultant. Get better deals on shipping rates.

Freight 52

Freight Material Savings Resource Reduction Cost Reduction Strategies 52

Logistics Viewpoints

OCTOBER 31, 2022

When the supplier has produced the goods, they send an advanced ship notice (ASN) to ZF via SupplyOn. Which ship are the components being shipped on. After 14 weeks the ship will arrive, customs clearance and post-carriage will be done and we will get our parts.” Or do we need to ship this by air?”

Agile and Lean Supply Chain 197

Agile and Lean Supply Chain Supply Chain Design Software Supply Chain Planning Software Lean 197

ivalua

FEBRUARY 8, 2023

Digital transformation will lead to the evolution and digitization of key procurement processes, from source-to-pay. This way, if one supplier is impacted by a disruption, you can source goods from another supplier. Perhaps 30 days of inventory isn’t enough in times of crisis, and terms should be updated.

Manufacturing Procurement 242

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software Optimal Sourcing 242

Intelligent Audit

AUGUST 3, 2022

While many professionals have attended at least one typing class in their lifetime, it is likely that none ever encountered freight invoice-specific direction. To discover this, let’s consider the top ten causes for freight billing discrepancies and what could stop them in their tracks. . Accessorial Charges, Fees, & Waivers.

Freight 52

Freight Supply Chain Software Supply Chain Planning Software Logistics Network Optimization Software 52

Operations and Supply Chain Management

OCTOBER 18, 2021

Forecasting Shipping Delays; Cargo Swamps Airports; Alibaba’s Challenge. Freight heavyweight J.B. Hunt’s third-quarter earnings signal a strong market for freight operators, but increasingly restrained economic forecasts suggest clouds on the horizon. retailers’ inventory-to-sales ratio in August, down from 1.11

Forecasting 52

Forecasting Cargo Forecasting Software Logistics Network Optimization Software 52