Logistics Viewpoints

FEBRUARY 8, 2021

Companies are beginning to explore on-demand manufacturing rather than traditional manufacturing models, meaning they can keep less physical inventory on-hand. billion in 2018. In 2018, it became the first street-legal truck to do a fully unmanned run. It was at the forefront of putting autonomous trucks on the road.

Supply Chain Planning Software 288

Supply Chain Planning Software Supply Chain Software Modeling Supply Chain Planning 288

GlobalTranz

AUGUST 31, 2018

The 2018 State of Logistics Report , sponsored by 3PL Central , indicates warehousing models are evolving at a phenomenal rate. WHITE PAPER] The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018. Put brick-and-mortar storage space to use for extra inventory. GET YOUR COPY HERE. Download White Paper.

Supply Chain Design Software 121

Supply Chain Design Software Warehousing Analytics Software Optimization Software 121

ShipBob

OCTOBER 8, 2021

And, with the growth of ecommerce, customers are buying unique luxury or everyday perfumes online at more affordable prices than ever before — while also still expecting fast shipping. . The different types of perfumes that shipped regularly include . But no matter what type of perfume you sell, shipping perfume is a risky endeavor.

Shipping 52

Shipping Pricing Training Negotiating Skills Material Savings 52

GlobalTranz

OCTOBER 11, 2018

WHITE PAPER] The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018. The best way for Warehouse Managers to approach inventory management lies in knowing when customers will order product, what they will order, and how quickly they want it. Maintain the “right” amount of inventory. GET YOUR COPY HERE.

Inventory Reduction 186

Inventory Reduction Price Reduction Cost Reduction Strategies Supply Chain Strategy 186

The Logistics & Supply Chain Management Society

SEPTEMBER 21, 2022

A study by the University of Michigan in 2018 showed how a patty of plant-based Beyond meat compared to a regular US beef patty of meat. Timing when stores need replenishment or when factory production will increase its demand, will likewise have better forecasting software to lower the overall waste in our inventory and retail systems.

Supply Chain Design Software 246

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Forecasting Software 246

Enterra Insights

JULY 22, 2020

This may mean testing numerous forecasting models to determine the one that most closely represents reality. Typically, this will entail testing the model with known historical data and refining it until it’s capable of reliably forecasting the past. ” Predictive analytics and future supply chains.

Predictive Analytics 100

Predictive Analytics Predictive Analytics Software Analytics Software Supply Chain Planning Software 100

Enterra Insights

APRIL 6, 2021

That’s where forecasting and predictive analytics come into play. You might be asking yourself: What is the difference between traditional forecasting and predictive analytics? In contrast, forecasting provides overall aggregate estimates, such as the total number of purchases next quarter.

Predictive Analytics Software 113

Predictive Analytics Software Predictive Analytics Analytics Software Modeling Software 113

Enterra Insights

DECEMBER 4, 2019

… The one issue retailers should we wary of — if this trend tracked by Coresight holds true — is ending up with too much inventory on their hands after the holiday season, if they’re planning to sell more than what ends up being the case. As Thomas pointed out, inventory management is especially critical during the holiday season.

Procurement Solutions 100

Procurement Solutions Eliminating Excel in Purchasing Purchasing Skills Procurement Analytics 100

Enterra Insights

FEBRUARY 13, 2019

Demand forecasting. “Machine learning algorithms and the apps running them are capable of analyzing large, diverse data sets fast, improving demand forecasting accuracy.” 2] Nipa Basu, “ 3 ways to make machine learning in business more effective ,” TechTarget , October 2018. [3] They are: 1. ” 3.

Optimal Sourcing 124

Optimal Sourcing Columbus Procurement Analytics Predictive Analytics 124

EazyStock

OCTOBER 24, 2018

When most inventory/supply chain managers think of their inventory, they think of it in terms of inventory management: how can I get by till the next period? This is where inventory optimization comes into play. Inventory optimization is inventory management for the serious inventory/supply chain manager or purchaser.

Inventory Management Software 53

Inventory Management Software Inventory Management Inventory Reduction Inventory 53

Logistics Viewpoints

JANUARY 26, 2021

Despite the inherent challenges, a 2018 McKinsey article estimated that the payoff of agility enabled by digitalization can be staggering: “For companies that aim well and execute effectively, the resulting cost reductions could be transformational. And Agility Can Help Improve Profitability Too?

Agile and Lean Supply Chain 268

Agile and Lean Supply Chain Supply Chain Software Supply Chain Planning Software Supply Chain Strategy 268

Enterra Insights

SEPTEMBER 24, 2018

.”[5] Martincic adds, “Asset tracking (RFID) allows a supply chain manager to know in real-time where a product, truck, or shipping container is located. RFID can enable tracking of goods whether they are passing through the Atlantic Ocean on a container ship or moving down an assembly line on a factory floor. ”[6].

Internet of things 100

Internet of things Supply Chain Software Supply Chain Transformation Optimal Sourcing 100

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

Inventory Reduction Inventory Optimal Sourcing Supply and Demand 156

Supply Chain Brain

MARCH 19, 2018

The World Trade Organization’s latest release of its World Trade Outlook Indicator shows merchandise trade volume experiencing above-average growth in early 2018. He presented his outlook for container shipping to the TPM Annual Conference in Long Beach, Calif., sponsored by IHS Markit. Carrier services have stabilized as well.

Forecasting 40

Forecasting Long Beach Panama Capacity 40

AB&R

JULY 9, 2021

In fact, market forecasters expect U.S. Compare that to 2018, when ecommerce sat at $517 billion. RFID creates an automated way of tracking your inventory and assets at every stage of your operations. Improvement in shipping & picking accuracy. RFID Increases Inventory Visibility. shipping accuracy [1].

Resource Reduction 52

Resource Reduction Inventory Reduction Expense Reduction Cost Reduction Strategies 52

Elementum

APRIL 12, 2018

However, this dynamic industry is now facing the same challenges as some traditional retailers —unsold inventory and profit losses. Inventory Woes. billion worth of unsold inventory. How can fast fashion take its supply chain into the future to stay in business? Stocks reportedly fell 3.1% in March. Final Thoughts.

Inventory Reduction 79

Inventory Reduction Retail Inventory Sourcing Strategies 79

GlobalTranz

FEBRUARY 21, 2018

We know that you are also the victim of the ‘ Warehouse Disease’ , i.e. even after regularly organizing your warehouse, it turns messy the minute you receive or ship some cargos. WHITE PAPER] The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018. Now it is possible. Download white paper. Optimize Now.

Optimization Software 132

Optimization Software Supply Chain Design Software Forecasting Software Warehousing 132

ToolsGroup

JANUARY 21, 2020

ToolsGroup supply chain planning software allows Allopneus.com to improve inventory quality while reducing storage space at its national distribution center by almost 20%. million tires in 2018 – equating to around 10% of the market. million tires in 2018 – equating to around 10% of the market. Inventory management is the key.

Optimal Sourcing 35

Optimal Sourcing ToolsGroup Inventory Reduction Optimization Software 35

IQMS

OCTOBER 18, 2019

Key factors influencing inventory levels, supplier quality, demand forecasting, procure-to-pay, order-to-cash, production planning, transportation management and more are becoming known for the first time. Source: DHL, Artificial Intelligence in Logistics, 2018 (PDF, 45 pp., no opt-in). no opt-in). no opt-in). no opt-in).

Supply Chain Planning Software 73

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Analytics Software 73

Elementum

APRIL 12, 2018

However, this dynamic industry is now facing the same challenges as some traditional retailers —unsold inventory and profit losses. Inventory Woes. billion worth of unsold inventory. How can fast fashion take its supply chain into the future to stay in business? Stocks reportedly fell 3.1% in March. Final Thoughts.

Inventory Reduction 60

Inventory Reduction Retail Inventory Sourcing Strategies 60

Enterra Insights

OCTOBER 22, 2018

And if you don’t have it, you better get it to their house tomorrow, or they’ll buy it from Amazon who will — with free shipping.”[2] Place an order on a mobile device and be assured that the item is not only available, but also be able to choose how much to pay for shipping and know exactly when it will be delivered. ”[4].

Omnichannel 100

Omnichannel Supply Chain Planning Software Supply Chain Design Software Sourcing Strategies 100

Enterra Insights

OCTOBER 17, 2018

” Transactional data : “Post-business-process information such as purchasing inventory records or sales volumes by region.” He writes, “AI can also help in streamlining functions and optimizing routes to reduce shipping costs. ” SupplyChainBrain , 27 August 2018. ”[3]. Footnotes. [1]

Supply Chain Design Software 100

Supply Chain Design Software Supply Chain Software Supply Chain Planning Software Supply Chain Optimization 100

Enterra Insights

MARCH 9, 2022

They spend enormous sums on planning and forecasting technologies. For instance, … in shipping and logistics, machine learning models can analyze data on inventory, transit routes, truck location, etc. Business leaders are no exception. One of the most recent tools being adopted by businesses is predictive analytics.

Predictive Analytics 130

Predictive Analytics Predictive Analytics Software Analytics Software Supply Chain Planning Software 130

E2open

MARCH 1, 2018

Thursday 1 March 2018. Now, however, since Walmart’s DCs and stores won’t be storing inventory in excess of optimal levels determined by demand and supply characteristics, they’ll effectively be passing the end consumer demand through to CPG companies. Establishing flow takes more than the best forecast.

Supply and Demand 60

Supply and Demand Forecasting Modeling Supply Chain Planning Software 60

E2open

MARCH 1, 2018

Thursday 1 March 2018. Now, however, since Walmart’s DCs and stores won’t be storing inventory in excess of optimal levels determined by demand and supply characteristics, they’ll effectively be passing the end consumer demand through to CPG companies. Establishing flow takes more than the best forecast.

Supply and Demand 60

Supply and Demand Forecasting Modeling Supply Chain Planning Software 60

RELEX Solutions

SEPTEMBER 6, 2018

RELEX Solutions, provider of unified retail planning solutions, today announced that Lolli & Pops, a rapidly growing retailer offering sweets and treats sourced from around the world both in stores and online, has gone live with RELEX’s supply chain solutions to automate and optimize inventory forecasting and replenishment.

Supply Chain Planning Software 28

Supply Chain Planning Software Supply Chain Planning Scenario Planning Inventory Reduction 28

Material Handling & Logistics

SEPTEMBER 27, 2018

The 2018 holiday season is looking good for retailers with sales increasing 5%-5.6% The 2018 holiday season is looking good for retailers. And e-commerce sales are forecast to rise to between $124 billion and $134 billion, a 17% to 22% year-over-year jump. to hit over $1.1 Deloitte is projecting that sales will increase 5%-5.6%

Demand Planning Software 106

Demand Planning Software Analytics Software Forecasting Software Optimization Software 106

Enterra Insights

FEBRUARY 21, 2018

The type of data gained from the IoT can help companies get a tighter grip on quality control, on-time deliveries, and product forecasting.” Businesses can access information in the office or on mobile apps to track exactly where an item is at any time, so that forecasting delivery times becomes more exact.”

Internet of things 100

Internet of things Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 100

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

Manufacturing Procurement Sourcing Strategies Inventory Reduction Cost Reduction Strategies 73

NC State SCRC

OCTOBER 5, 2022

Andrew Viteritti, Lead for the Commerce and Regulation division of the Economist Intelligence Unit Global Forecasting group began his presentation by reviewing the current and future state of the global economy. The forecast is that the EU GDP growth will be reduced by 1.3 percentage points, shrinking to 2.7% growth, and only 3.1%

Conference 52

Conference Ukraine Global Purchasing Skills 52

GlobalTranz

MAY 13, 2015

Walmart would not have the ability to provide such low prices and have consistent inventory in the over 5,000 stores in the United States and over 1.3 The company expects to open four such giant facilities this quarter, as it aims to triple online sales by 2018, to $35 billion from $12 billion last year. Decades in the Making.

Gartner 120

Gartner Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 120

Vanguard Software

JUNE 18, 2021

June 12, 2021 – Cargo ships stacked up at the ports of Los Angeles and Long Beach. Inventories of lumber, aluminum cans, tires, cardboard and plastic all running low. Supply Chain Brain – Out-of-Control Shipping Costs Fire Up Prices From Coffee to Toys. AI for Demand Forecasting. The Latest Supply Chain News.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply and Demand Price Reduction Demand Planning Software 52

CH Robinson Transportfolio

FEBRUARY 16, 2018

Making the Most of Truckload, LTL, and Intermodal Strategies in 2018 | Transportfolio. The intermodal industry is forecasted to grow 6-9% over 2018 and 2019. Inventory management is key. The post Making the Most of Truckload, LTL, and Intermodal Strategies in 2018 appeared first on Transportfolio.

Waste Reduction 34

Waste Reduction Inventory Reduction Price Reduction Price Mitigation Strategies 34

Intelligent Audit

AUGUST 5, 2022

As August returns, shippers’ concerns over the big show—the holiday peak shipping season—begin to come to life. There is a massive push to increase inventory in advance, and everyone starts thinking about how they will survive the holiday rush, from food supply chains to other goods. Why Peak Season and Returns Go Hand-in-Hand.

Reverse Logistics 52

Reverse Logistics Logistics Network Optimization Software Procurement Solutions Demand Planning Software 52

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.

Warehousing 91

Warehousing Supply Chain Software Supply Chain Planning Software Optimization Software 91

Savi

MARCH 14, 2019

Anticipate Capacity Needs with Better ETAs Available storage and shipping capacities have decreased, making ocean shipping’s efficiency and cost-effectiveness more important than ever. Beneficial Cargo Owners, or BCOs, openly said shipping price increases are necessary for carriers to stay profitable.

Supply Chain Planning Software 40

Supply Chain Planning Software Supply Chain Software Optimization Software Forecasting Software 40

Veridian Solutions

AUGUST 9, 2018

The 2018 State of Logistics Report , sponsored by 3PL Central , indicates warehousing models are evolving at a phenomenal rate. Using New Technology for Maximizing Warehouse Space Is the Solution New technologies and warehouse automation are poised to enable warehouse managers to increase inventory without necessarily increasing space.

Supply Chain Design Software 53

Supply Chain Design Software Warehousing Analytics Software Optimization Software 53