Supply Chain Matters

FEBRUARY 22, 2024

The recently completed 2023 holiday fulfillment period, along with 2023 full year performance are now providing added evidence of retail trending in all three dimensions. Amazon’s Blowout In early February, we highlighted Amazon’s blowout financial and operational Q4 and 2023 results. billion in 2023, compared with $12.2

Inventory Reduction 52

Inventory Reduction Procurement Analytics Negotiate Pricing Purchasing Skills 52

Logistics Viewpoints

OCTOBER 1, 2022

In 2017, Flytrex successfully launched the world’s first fully autonomous urban drone delivery system in Reykjavik, Iceland, and we covered that initiative in these pages on June 15, 2018. Nike reported its first fiscal quarter 2023 results yesterday (September 29). I gotta admit, I’m intrigued. Maybe try Boston next?

Logistics Network Optimization Software 210

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NC State SCRC

OCTOBER 5, 2022

Some economies will have a “technical” recession in late 2022 and early 2023, which is negative GDP growth, but these are not true recessionary trends. Clearly, the benign environment of 2018 is gone, and geopolitics are playing a central role in the global economy. The greatest risks looming ahead are concentrated in 2023.

Conference 52

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ShipBob

SEPTEMBER 25, 2023

The CBD market is booming in 2023 There’s no doubt about it, consumers are getting on the CBD train. The 2018 Farm Bill legalized hemp production across the US, which is great for sellers because CBD is produced from industrial hemp. Due to the aforementioned 2018 Farm Bill, CBD is legal in the U.S. Over 60% of U.S.

How To 98

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Enterra Insights

FEBRUARY 19, 2019

In fact, over 3,800 stores closed in the US in 2018 alone and we saw some of our most cherished and longstanding retail brands close doors forever.”[1] With sophisticated algorithms, it can anticipate customer demand and improve inventory management across both stores and on-line.” 13 November 2018. [7] Footnotes. [1]

Retail 100

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Enterra Insights

AUGUST 29, 2023

One solution often considered is having more inventory on hand, or developing dual supply chains that can deliver the same goods via two routes, in case one becomes impeded. 3] Matt Gunn, “ Supply Chain Risks Come from All Sides ,” IndustryWeek, 17 October 2018. [4]

Risk Management 130

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ToolsGroup

OCTOBER 25, 2022

More than ever, seasonal inventory needs to be carefully accounted for during the demand forecasting and inventory planning process , ensuring right-sized inventory that can meet customer expectations while limiting the spend and use of working capital. Benefits of Effective Seasonal Inventory Management.

Inventory Reduction 156

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C3 Solutions

JULY 28, 2020

What's interesting is how the use of IoT technologies to track inventory throughout the supply chain can dovetail with the kind of visibility you gain when you implement a best-of-breed dock scheduling system from C3 Solutions. million in 2023. IoT Evolution. Inside and Out. Driving Revenue. A Perfect Fit for Fashion. billion by 2021.

Internet of things 78

Internet of things Retail Real-time Visibility Optimal Sourcing 78

Stord

JANUARY 7, 2019

The industrial availability rate for warehouses fell to its lowest rate since 2000 in the third quarter of 2018. The software that these new approaches often offer allows shippers to view their inventory more easily. billion by 2023. markets and provide a clear view of inventory across facilities.

Warehousing 78

Warehousing Analysis Price Reduction Inventory Reduction 78

Supply Chain Game Changer

JULY 16, 2020

Accepting or submitting orders via email allowed companies to have electronic paper trails to maintain accurate inventory counts and keep clients satisfied. A 2018 report found many global manufacturing companies were still in the early stages of their journeys toward high-tech solutions. billion by 2023.

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6 River Systems

NOVEMBER 11, 2019

Bureau of Labor Statistics , there are 18,182 private warehousing establishments as of 2018, up from 15,203 in 2008. Among distribution centers with three or more buildings, 28% had six or more buildings in 2016, 22% had six or more buildings in 2017, and 27% had six or more buildings in 2018, according to Logistics Management.

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Arena Solutions

APRIL 4, 2023

1 In 2018, the three engineering disciplines producing the most degrees were, mechanical engineering, with 31,936 degrees, computer science with 19,082 degrees, and electrical engineering with 13,767, 2 And in 2020, 199,790 degrees in engineering were awarded in the U.S. Breaking it down In the U.S. 3 What’s the allure?

Manufacturing Procurement 73

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IQMS

JUNE 25, 2019

By 2023, blockchain will support the global movement and tracking of $2T of goods and services annually based on a recent Gartner. Blockchain shows potential for increasing the speed, scale, and visibility of supply chains, eliminating counterfeit-goods transactions while also improving batching, routing and inventory control.

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ShipBob

OCTOBER 8, 2021

An inviting fragrance can be powerful, so it’s no wonder the fragrance industry will be continue to grow and reach over $72 billion by 2023. And in the United Kingdom, only 600 milliliters of perfume can be shipped in one go (something to consider if your bulk-shipping inventory to a fulfillment center or selling to B2B ). .

Shipping 52

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The Logistics of Logistics

MAY 17, 2022

To learn more about the future of logistics, tune as they give a preview of the topics for their upcoming Manifest conference happening in 2023 like sustainability, connecting the ecosystem, machine learning, and intelligent infrastructure. Now, we want that inventory close to the consumer because people want it on the same day, next day.

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ToolsGroup

APRIL 1, 2022

Such measures include communicating with suppliers and customers , using demand shaping to overcome inventory shortages, seeking additional suppliers, and building more onshore facilities. Global paper output is expected to be 4 million tons short of its 2018 level, with predictions of 416 million tons in 2022. Reuters ).

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Logistics Viewpoints

APRIL 28, 2023

percent above its January 2018 baseline, up from 25.2 FedEx and UPS enacted higher rate increases for 2023 versus the previous year, which they attributed in part to inflationary pressures. The portion of the index tracking ground parcel rates per package in Q1 was 29.5 percent for Q4. Average ground parcel discounts increasing by 1.6

Material Savings 202

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Supply Chain Matters

MARCH 17, 2023

The Supply Chain Matters blog features our March 17, 2023 edition of This Week in Supply Chain Management Tech , a synopsis of noteworthy supply chain management focused technology news. The transaction is expected to close in the second half of 2023 subject to customary closing conditions. All rights reserved.

Supply Chain Design Software 52

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Logistics Viewpoints

AUGUST 18, 2023

and European companies may last longer than expected as they try to sell off their bulging inventories in an economic climate where demand is stalling. The number of supply-chain jobs open for application at beverage-alcohol manufacturers rose more than 50% in the first half of 2023, data suggests. That’s all for this week.

Logistics Network Optimization Software 165

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Enterra Insights

JUNE 1, 2023

For example, in 2018, marketing specialist and business consultant Lucy Benton wrote, “Artificial Intelligence … is already enhancing our lives as consumers, now it is picking up momentum in supply chain management and logistics. ”[3] Early adopters were providing evidence of the value of AI. 8] Michael C. 8] Michael C.

Supply Chain Software 130

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Vinculum

APRIL 8, 2020

When seller brands dream of penetrating the international e-commerce markets, they usually picture North America – and they have justifiable reasons for this: As of 2018, the average revenue per online shopper is the highest for the United States. The land of e-commerce. The United States ranks no. 2 and Canada ranks no.

North America 52

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6 River Systems

SEPTEMBER 17, 2019

Adidas @adidas Adidas is expected to move nearly 20% of its production to more automated factories by 2023 , many of them potentially proprietary. In higher-traffic markets, Advance Auto Parts has “hub” stores that keep more inventory in-stock to give customers what they need when they need it.

Supply Chain Design Software 45

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Logistics Viewpoints

MAY 19, 2023

That assessment comes as a result of 10 months of subdued demand, inventory de-stocking, and high interest rates, the New Jersey-based company said in its “The GEP Global Supply Chain Volatility Index.” But a key focus right now for Amazon is using AI to figure out where to place its inventory. The audit determined that CPW emitted 1.2

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Vinculum

MAY 9, 2022

Having seen its revenue rise more than six-fold from $39 million in 2018 to $245 million in 2021, Global-E has been equally adept in demonstrating its financial success. These numbers, however, are just a fraction of the total market share that it is expected to achieve in 2023. billion of the gross merchandise value (GMV) in 2021.

Predictive Analytics Software 52

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Supply Chain Matters

APRIL 18, 2024

That number is the highest reported since 2014, including the period of the Covid-19 pandemic during the years 2020 to 2023. Mitigation and prevention tools, such as buffer inventory and capacity, are also essential supply strategies.” This is not a new phenomenon.

Manufacturing Procurement 52

Manufacturing Procurement Pharmaceutical Purchasing Skills Sourcing Strategies 52

Lucas

MAY 2, 2018

At last month’s Modex Show, MHI and Deloitte released their 2018 Annual Industry Report ( download here ). See figure below from the report projecting the 2023 adoption rates for each emerging technology. See our list of 10 interesting facts and figures from this year’s study. Companies are preparing their labor for new advancements.

Report 5

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NC State SCRC

FEBRUARY 22, 2022

since January 2018 (4-year comp). Inventory is piling up in warehouses. Inventory is piling up in warehouses. Retail ex auto inventories are an interesting situation. Seasonally adjusted, deflated inventories for retail (excluding automotive inventory) exploded upward in December. In other cases (e.g.

Warehousing 52

Warehousing Supply Chain Supply and Demand Inventory Reduction 52

Vinculum

NOVEMBER 20, 2020

million by 2023, at a Compound Annual Growth Rate (CAGR) of 7.0% The forecast period is from 2018 to 2023, whereas 2017 is the base year for estimating the market study. SMEs and large enterprises are opting for the latest technologies and services to principally manage product details, payment systems, and inventory.

Forecasting Software 52

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20Cube Logistics

SEPTEMBER 22, 2019

The recent study by IMARC Group, entitled “Logistics Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023”, estimates that the global logistics market reached a value of US$ 1,171 Billion in 2017 and is estimated to register a CAGR of 2.7%

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Elementum

OCTOBER 6, 2022

Blockchain was all the craze circa 2015-2016, but supply chain operators realized earlier than most (~2018) that blockchain use cases weren’t yet ready for prime time. Next Year in AZ After several years in Chicago, the conference is moving to Phoenix for 2023. But you are a little late. What’s Top of Mind?

Supply Chain Software 78

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Elementum

OCTOBER 6, 2022

Blockchain was all the craze circa 2015-2016, but supply chain operators realized earlier than most (~2018) that blockchain use cases weren’t yet ready for prime time. Next Year in AZ After several years in Chicago, the conference is moving to Phoenix for 2023. But you are a little late. What’s Top of Mind?

Supply Chain Software 78

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Logistics Viewpoints

DECEMBER 2, 2022

The application then maps the information, highlighting current inventory selection and quantity at each location, the Amazon unit said. Maersk and IBM will wind down their shipping blockchain TradeLens by early 2023, ending the pair’s five-year project to improve global trade by connecting supply chains on a permissioned blockchain.

Logistics Network Optimization Software 189

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Cathy Roberson

NOVEMBER 28, 2022

Home Depot launched Home Depot Pro in 2018 and optimized its supply chain to manage both consumer and professional demand. “We’re still on the journey from four supply chains to two through the end of this year and looking to go from two to one in 2023,” Shepherd said.

Retail 70

Retail Optimization Software Demand Planning Software Logistics Network Optimization Software 70

Vinculum

JULY 29, 2020

257 users to increase by 2023 from 244 million in 2018. trillion dollars as recorded in 2018. The statistics of the USA eCommerce users according to Statista are as follows: 288 million active users. 87% of the total population use internet. 98% of the active users access social media via mobile. trillion to 3.76

Optimal Sourcing 59

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