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. We can help business leaders by providing insight on the environment benefits or disadvantages of their different sourcing options to start with, but after that comes the physical moving of goods.

Supply Chain Design Software 246

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

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

ShipBob

SEPTEMBER 25, 2023

The rest of this article provides general information on shipping CBD products. 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. Products contain <0.3% What is CBD?

How To 98

How To Demand Planning Software Supply Chain Planning Software Analytics Software 98

ToolsGroup

APRIL 25, 2019

This walk, then run approach begins with establishing an adaptive, probability-based model for demand forecasting using existing historical data, then layering in more sophisticated machine learning using external data sources. Data Variety The more different types of data sources you factor in (e.g. Increased inventory turns by 25%.

Supply and Demand 227

Supply and Demand Demand Planning Modeling Supply Chain Planning Software 227

Supply Chain Matters

APRIL 4, 2024

Gather AI Raises $17 Million in Series A Funding Computer vision and AI-powered warehouse inventory monitoring technology start-up Gather AI has announced $17 Million Series A-1 funding led by Bain Capital Ventures. Added participation included Tribeca Venture Partners , Dundee Venture Capital , Expa , and Bling Capital.

Supply Chain Design Software 40

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software 40

Supply Chain Shaman

AUGUST 7, 2019

” Or alternatively, “Is there data that could be sourced to help?” Most companies cannot get to data by customer on orders shipped incomplete to understand root cause analysis. inventory turns. for inventory turns define best-in-class performance? As a group, we drill into root issues.

Supply Chain Design Software 250

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 250

Enterra Insights

SEPTEMBER 5, 2018

” They include: Lack of visibility into the current location of shipped goods and authenticity of products when dealing with global vendors. Loss of inventory in the food industry due to perishable items. Hence, the ability to trace each product to its source (product lineage) is critical for companies. Footnotes. [1]

Supply Chain Design Software 100

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

Logistics Viewpoints

AUGUST 12, 2022

In all, the acquisition will add more than 350 temperature-controlled vehicles and four million square feet to the UPS Healthcare global footprint, offering customers access to faster shipping times, greater production flexibility, and offerings to help them attract new business. From a shipping perspective, time is critical.

Logistics Network Optimization Software 227

Logistics Network Optimization Software Modeling Logistics San Antonio 227

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

BlueYonder

DECEMBER 26, 2017

These systems leverage cloud and machine learning but more generally analytics of all types to manage data coming from new and existing sources. Also, improvements in service performance will extend to delivery times, allocating inventory to high-priority orders, and faster new product introductions.

Supply Chain Design Software 95

Supply Chain Design Software Analytics Software Supply Chain Software Modeling Software 95

Supply Chain Game Changer

DECEMBER 22, 2021

Slow Shipping Speeds. Ensure that you create a fast, efficient, and streamlined eCommerce shipping process. To achieve this, work with a fulfillment service provider who respects shipping timelines to meet customer expectations. Constraints of Shipping Location. Backorders.

Procurement Solutions 96

Procurement Solutions Purchasing Skills Predictive Analytics Software Inventory Reduction 96

Unleashed

JUNE 14, 2022

Ensuring adequate, organised storage for your inventory , so it can be easily accessed for quick picking and packing. Arrangements for shipping after an order is made. Outside of the above steps for fulfilment, you also need to consider demand planning and inventory management. Order processing when a purchase is made online.

Inventory Reduction 98

Inventory Reduction Material Savings Resource Reduction Cost Reduction Strategies 98

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

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. The big push now is to get manufacturing and sourcing closer to home.

Manufacturing Procurement 74

Manufacturing Procurement Sourcing Strategies Inventory Reduction Cost Reduction Strategies 74

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. ” That’s where artificial intelligence enters the picture. ”[3].

Supply Chain Design Software 100

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

AFFLINK

SEPTEMBER 18, 2019

Many of these trends are evolutions of trends we saw developing through 2018, and as they build momentum, they become notably disruptive. Free-trade chocolates and conflict-free diamonds can be easily sourced and verified. Free-trade chocolates and conflict-free diamonds can be easily sourced and verified. 5G and IoT.

Supply Chain Software 72

Supply Chain Software Supply Chain Technology Predictive Analytics Software Supply Chain Network Software 72

Logistics Viewpoints

AUGUST 14, 2023

Thomson Reuters purchased the global trade compliance vendor Integration Point in 2018. But even here, Mr. Barraco explains, there is a difference between accidentally shipping goods to bad actors and “intentional violators.” Companies who have experienced these delays often add inventory across their network to buffer the risk.

Global 176

Global Supply Chain Design Software Supply Chain Planning Software Sourcing Strategies 176

CH Robinson Transportfolio

FEBRUARY 12, 2019

With the continued increase in supply chain complexity and greater pressure to keep inventories lean and accelerate shipments, is your supply chain ready for what 2019 has in store? Change in fuel sources may cause delays and higher costs. The road to compliance will likely affect schedules as vessels dry dock to change fuel sources.

Predictive Analytics Software 39

Predictive Analytics Software Optimal Sourcing Sourcing Strategies Global 39

ShipBob

JULY 28, 2021

It’s important to note that order fulfillment and inventory management both play a key role in delivery as it can either speed up or slow down the process. The fulfillment experience involves picking and packing items, and shipping orders through the most optimized route in terms of speed and costs. Access to real-time data.

Optimal Sourcing 98

Optimal Sourcing Optimization Software Inventory Management Software Supply Chain Planning Software 98

Stord

FEBRUARY 4, 2019

The Port of Los Angeles and trade disruption in 2018: Last year, new tariffs caused direct and indirect problems for shippers. Many retailers tried to move inventory to the United States earlier than normal to avoid impending tariffs, causing a massive influx of shipments. In practice, here are five specific ways to to prepare.

Optimal Sourcing 78

Optimal Sourcing Supply Chain Optimization Modeling Los Angeles 78

GlobalTranz

MARCH 1, 2018

More recently, with the rise of interconnected systems, the analytics to derive value from those systems seems, and decreased costs, RFID is resurrecting as a solution for increasing supply chain management (SCM), visibility into processes, and reducing inventory tracking costs. Instantaneous inventory cycling reduces delays and speeds SCM.

Supply Chain Design Software 165

Supply Chain Design Software Supply Chain Software SCM Analytics Software 165

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

Elementum

MAY 26, 2022

2) Ship to the US and Western Europe. Specialization and quality began to drive important sourcing decisions rather than the sole lever of saving partners a few dollars on materials and manufacturing alone. From 2015 to 2018, Amazon’s average delivery time decreased from 6 days to 3 days. 1) Build in China; .

Supply Chain Disruption 78

Supply Chain Disruption Agile and Lean Supply Chain Purchasing Skills Supply Chain Software 78

Talking Logistics

JULY 17, 2018

With the 2018 General Rate Increase (GRI), FedEx and UPS are further “tightening the vise” for oversize packages. Below is a comparison of 2017 vs. 2018 parameters for oversize shipments: Source: enVista. minimum term in their agreement (which is nearly EVERYONE who ships FedEx). What Has Changed? Enhance your intel.

Pricing Training 121

Pricing Training Negotiating Skills Purchasing Training Optimal Sourcing 121

Supply Chain Shaman

OCTOBER 8, 2019

Granular data by volume is a must to be able to manage replenishment, network design, and inventory targets. A simplistic view is that supply chain excellence is the trade-off of cost, inventory and customer service. The two primary buffers in the supply chain are manufacturing capacity and inventory. Time horizon. The takeaway?

Supply Chain Design Software 183

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software Forecasting 183

CH Robinson Transportfolio

FEBRUARY 12, 2019

With the continued increase in supply chain complexity and greater pressure to keep inventories lean and accelerate shipments, is your supply chain ready for what 2019 has in store? Change in fuel sources may cause delays and higher costs. The road to compliance will likely affect schedules as vessels dry dock to change fuel sources.

Predictive Analytics Software 34

Predictive Analytics Software Optimal Sourcing Sourcing Strategies Global 34

Cathy Roberson

JANUARY 9, 2023

Carolina Sisters – Since 2018, Carolina Sisters has been sourcing from retailers and selling pallets of wholesale products to the general public. Newmine – In 2018, Newmine shifted its focus towards returns and launched cloud-based software to reduce customer return rates.

Las Vegas 52

Las Vegas Logistics Network Optimization Software Reverse Logistics Supply Chain Planning Software 52

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

Elementum

NOVEMBER 1, 2018

In today’s blog we’re taking a look at what this means for shipping costs, and how retailers can fortify their operations against price hikes. Why are shipping costs growing? by the end of 2018. But the largest source of cost increases for most companies have been driver wages and benefits. percent and 4.9

Cost Reduction Strategies 79

Cost Reduction Strategies Price Reduction Expense Reduction Resource Reduction 79

Enterra Insights

JULY 25, 2019

Managing inventory. She writes, “In most food-supply chains it might take weeks to figure out where it went from source to destination, and in some cases, the source may not be known, but on a blockchain, it takes just seconds.”[3] Sharing information with customers. Managing trade documentation. ”[5].

Supply Chain Planning Software 100

Supply Chain Planning Software Gartner Supply Chain Software Manufacturing Procurement 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

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: Machine Learning – A Giant Leap for Supply Chain Forecasting, Material Handling and Logistics Conference (PDF, 28 pp.,

Supply Chain Planning Software 73

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

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

Unleashed

AUGUST 18, 2021

Read more: The 10 inventory management trends to watch for in 2022 Reverse logistics is another name for a backwards supply chain What steps make up the reverse logistics process? In a 2018 survey of 1000 shoppers , 89% said they have bought an item online and returned it. Consumers are shopping online more and more. 3 examples) 1.

Reverse Logistics 98

Reverse Logistics Logistics Network Optimization Software Supply Chain Planning Software Material Savings 98

Savi

FEBRUARY 5, 2019

Supply Chain Challenges: Freight Volume Rising, Driver Shortage Growing The shipping industry plays a critical role in world economics. Its immense power stems from its ubiquity–in every sector, you will find shipping and a supply chain. This confluence caused a problem that persists today.

Cost Reduction Strategies 56

Cost Reduction Strategies Analytics Software Supply Chain Planning Software Supply Chain Software 56

NC State SCRC

OCTOBER 5, 2022

Some of the supply constraints are also due to the destruction of key infrastructure in the Ukraine for shipping of these commodities. Clearly, the benign environment of 2018 is gone, and geopolitics are playing a central role in the global economy. Dual sourcing and longer term contracts – This is always a challenge.

Conference 52

Conference Ukraine Global Purchasing Skills 52

Supply Chain Matters

JUNE 21, 2022

entities as opposed to foreign owned entities such as global shipping and logistics companies. As inventory-to-sales ratios dropped to near record lows, inter-modal logistics networks were forced to try to manage and synchronize essentially just-in-time material movements which were out of sync in many important dimensions.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Procurement Analytics Report Inventory Reduction 52