Remove 2009 Remove Capacity Remove Inventory Remove Transportation
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What is Economic Order Quantity & its Advantages

SCMDOJO

Economic order quantity is one of the “most commonly used inventory-control techniques”. The objectives and advantages of Economic Order Qty (EOQ) are to minimize inventory carrying costs and ordering costs while simultaneously limiting the probability of stock out to avoid any lost sales or customer loss. Boston: McGraw-Hill, 2009.

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U.S. Freight Logistics Industry Recession Continues with Some Hopeful Signs

Supply Chain Matters

According to the April report commentary , the industry remains hopeful in new signs indicating that retailers and manufacturers are getting closer to working off the overall glut of inventories that resulted in 2022. Further indicated was: “ whether or not we have hit bottom of rates is unclear.” percent drop in cargo volumes.

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Machine Learning in Supply Chain Planning

Logility

One could argue that Machine Learning could contribute to meeting cost, revenue and customer service goals, but clearly there’s more focus today on basic supply chain planning capabilities like Demand Planning, Inventory Optimization, Sales & Operations Planning, and Supply Planning and Optimization.

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Time to Squeeze Carriers for Better Rates?

Talking Logistics

So, that tells me that the inventory situation continues to weigh on truck freight volumes. The Freight Transportation Services Index (TSI), which is based on the amount of freight carried by the for-hire transportation industry, dropped 0.4 Capacity is much more readily available than last year at this time.

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This Week in Logistics News (July 4-8, 2016)

Talking Logistics

More data points this week confirming what we already know: demand for freight transportation is weak, which is leading carriers to cut back on capacity. Global trade volumes fell for the first time since 2009 by 1.7 They pull data from both sides and communicate any surges in orders or depleted inventory. Woolworths Ltd.

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Reasons For Logistics Pros to Be Thankful this Season

Supply Chain Collaborator

According to the US Bureau of Transportation Statistics, “For-hire freight shipments in August 2017 were 38.0 percent higher than the low in April 2009 during the recession.” Tightening Capacity and Rising Rates are a Bullish Leading Indicator. Freight Volumes Up and Rising.

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Snapshot of 2023 Predictions for Industry and Global Supply Chains- Part Four

Supply Chain Matters

In this update, we focus on our fifth prediction which is focused on global transportation and logistics services sectors. 2023 Prediction Five: Global Wide Transportation, Logistics and Brokerage Services Sectors Will Face a Challenging Year With Significant Consequences. Prediction Background. Parcel Segment. Prediction Implications.