Enterra Insights

OCTOBER 13, 2023

The benefits of this model include cost reductions in storage and inventory. But, Paul Noble , founder and CEO of Verusen, explains, “It’s really what everyone did,” adding, “supply chain managers understood that that they were tying up their company’s working capital and warehousing space to keep excess inventory.

Modeling 130

Modeling Modeling Software Supply Chain Design Software Optimization Modeling 130

American Global Logistics

DECEMBER 7, 2022

The new model being developed in 2022 is customer-centric and strategic in outlook and planning. We’ll look back to events in 2022 that show this transition and transformation in the making. We’ll examine the remaining five next week in our final post of 2022. #1 In 2019, both countries combined exported 25.4%

Russia 52

Russia Inventory Reduction Price Reduction Modeling 52

Cathy Roberson

AUGUST 15, 2022

Many retailers are feeling inventory pains despite assuring analysts that they're quite pleased with their inventory levels. Mind you, some retailers may indeed be pleased with their inventory levels, but others may be trying to figure out where to store the excess inventory since so many warehouses are beyond full.

Inventory Reduction 52

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Stord

APRIL 11, 2022

The out-of-stock sticker shock we experienced in the past few years is forcing retailers to take a hard look at how they plan inventory. Product availability was a clear problem during the pandemic: last holiday season, consumers saw over 6 billion out-of-stock messages online , a 253% increase over the 2019 season. in April 2021.

Inventory Reduction 78

Inventory Reduction Inventory Manufacturing Procurement Purchasing Skills 78

Supply Chain Matters

JUNE 15, 2022

Supply Chain Matters provides part two of highlights from supply chain concurrent planning technology provider Kinaxis ’s annual Kinexions 2022 customer conference held in May. In a previously published part one commentary , we shared summary highlights of the Kinexions 2022 conference. Bob Ferrari. All rights reserved.

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Freightos

OCTOBER 31, 2022

Between September 2019 and September 2021, the cost of shipping a 40’ container from China to the US West Coast had increased from $1,500 to $20,586. By the time they peaked in June 2022, they were over 30% higher than pre-COVID. Today, in Q4 of 2022, supply chain issues stemming from COVID-related shipping challenges have eased.

Supply Chain Planning Software 156

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Supply Chain Matters

AUGUST 11, 2022

The Ferrari Consulting and Research Group shares a Part Three commentary addressing our mid-year assessment of published 2022 Predictions for Industry and Global Supply Chains made available at the beginning of 2022, and specifically addressing supply chain cost inflation implications. be able to service key regions and markets.

Predictive Analytics Software 52

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ToolsGroup

NOVEMBER 8, 2021

1 According to Gartner, nearly all retailers are planning to invest to make their supply chains more agile (96%) and resilient (90%) by 2022. ToolsGroup is how organizations improve product availability while right-sizing inventory, no matter how complex their supply chain is or how much demand changes. 1 Adobe Digital Economy Index.

ToolsGroup 317

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Zipline Logistics

JANUARY 4, 2022

Only time will tell, but factors seem to point to similar conditions for shippers in 2022, at least to start the year. According to a Heavy Duty Trucking article , analysts from FTR expect spot market rates to remain elevated in 2022 despite decreasing from the estimated 2021 level. And what could come into play in 2022?

Freight 52

Freight Purchasing Skills Procurement Analytics Agile and Lean Supply Chain 52

Unleashed

SEPTEMBER 7, 2021

B2B eCommerce is booming and will be crucial for business success in 2022 and beyond. Read more: Try the eCommerce inventory management software that unleashes your growth What is B2B eCommerce? Good inventory management is critical for a B2B eCommerce store.

Inventory Management Software 97

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Supply Chain Shaman

OCTOBER 13, 2022

Alignment in Organizations in the Summer of 2022. Inventories increased by 44% due to supply chain volatility. Inventories grew year-over-year by 43%. Coming off a period of high growth, companies are struggling with margins and inventory. Consumer spending remains above 2019 levels. Impetus to Re-Write the Rules.

Supply Chain Planning Software 219

Supply Chain Planning Software Modeling Supply and Demand Supply Chain Software 219

Supply Chain Matters

NOVEMBER 21, 2023

That number is noted as being 15 million more people than 2022 and is reportedly the highest estimate since NRF began tracking this data in 2017. A prior record established in 2022 was $929.5 This is up from 69 percent pre-pandemic, in 2019. million) planning to shop, up from 69 percent in 2022. percentage points.

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Intelligent Audit

NOVEMBER 22, 2022

Recent inventory corrections have caused carrier volumes to stagnate, frustrating carriers and highlighting hopes for volume normaliza t ion in 2023. 2, levels remain 3% lower than in 2019. Despite falling 20% YoY in October, spot rates are still 94% higher than in 2019. Volumes declined 8% YoY in October, and as of Nov.

Turkey 52

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Enterra Insights

JULY 25, 2022

… Traditionally, inventory counts [have been] a complex exercise done manually about once a year but RFID technology enables retailers to monitor stock monthly bringing accuracy from 60% to over 90%.” in 2019, for example. in 2014 to just 4 cents in 2019.”[6]. in 2004 to $0.38 ”[6]. ” Footnotes. [1]

Internet of things 130

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Supply Chain Matters

APRIL 25, 2022

The facility’s operations director indicated to state-owned media outlet Xinhua that the production facility had limited inventory, enough to support one week of production. Amazon’s recordable injury rate last year dropped roughly 13 percent compared to 2019. All rights reserved. .

Supply Chain Design Software 52

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Enterra Insights

OCTOBER 26, 2022

From supporting cutting-edge cancer research to helping businesses track their inventory, machine learning and AI offer the ability to disrupt and enhance our existing processes in virtually every segment of society.”[1]. is a big fat lie ,” Big Think, 23 January 2019. [4] ” IT Pro, 19 July 2022. [5] ”[1].

Predictive Analytics Software 264

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Supply Chain Matters

DECEMBER 28, 2023

In early November, Supply Chain Matter’s highlighted the National Retail Federation’s (NRF) forecast of expected holiday spending to be in the range of a pre-pandemic level of between 3 percent and 4 percent over 2022 levels. percent increase reported for 2022 and an 8.5 percent increase, with a 7.6 percent increase reported for 2021.

Forecasting 52

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Enterra Insights

AUGUST 11, 2022

NOAA’s outlook for the 2022 Atlantic hurricane season, which extends from June 1 to November 30, predicts a 65% chance of an above-normal season, a 25% chance of a near-normal season and a 10% chance of a below-normal season. 10] When it comes to moving inventory into disaster-prone areas, historical data can help. Denial of risk.”[6]

Supply Chain Planning Software 130

Supply Chain Planning Software Forecasting Predictive Analytics Software Forecasting Software 130

Logistics Viewpoints

MARCH 8, 2023

The February reading in the New York Fed’s Global Supply Chain Pressure Index was -0.26, reaching negative territory for the first time since August 2019. In October of 2019, I wrote about the food supply chain being at risk. in 2022, the highest annual average on record. Maximum disruptions pushed the gauge to a peak of 4.31

Supply Chain Planning Software 220

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Locus

AUGUST 2, 2022

2022, Statista. – US Grocery E-commerce Sales 2019-2024, March 2021. Giving a better view of stock levels allows them to make profitable inventory decisions. – Consumers want it all, National Retail Federation, 2022. ” with “Direct delivery to my home.” Dark Stores. Schedule Demo.

Modeling 52

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Logistics Viewpoints

AUGUST 12, 2022

Japan farm exports in 2022 1st half hit record high as more dine out. will begin imposing 2022 peak-season surcharges on Labor Day and will apply certain ones based on weekly calculations that begin around mid-October and run until early December. In June 2022, Americans spent $2.5 And now on to this week’s logistics news.

Logistics Network Optimization Software 227

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Supply Chain Shaman

FEBRUARY 14, 2022

In 2022, I frequently ask companies to draw their river of demand. Companies tightly coupling the budget to S&OP have significantly higher inventories and lower growth than their peer group. Deployment of deeper statistical engines for inventory management with a focus on safety stock will improve inventory levels.

S&OP 195

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Enterra Insights

JANUARY 13, 2023

It’s about taking inventory.” 1] Ron Craig, “ Enabling the Autonomous Enterprise ,” Oracle Blog, 19 August 2019. [2] 2] Staff, “ The Autonomous Digital Enterprise Executive Brief ,” BMC, June 2022. [3] 4] Staff, “ Autonomous Enterprise ,” Extreme, 2022. [5] ” Level 2.

Prescriptive Analytics Software 130

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Enterra Insights

JANUARY 21, 2022

” As I understand his statement, he is applauding retailers’ selling efforts in the midst of a pandemic, inventory shortages, and rising inflation. Compared with 2019, before the pandemic brought about an explosion of online ordering, e-commerce sales jumped over 61 percent. In 2019, online sales accounted for just 14.6

Price Reduction 130

Price Reduction Inventory Reduction Expense Reduction Cost Reduction Strategies 130

Logistics Viewpoints

JANUARY 10, 2024

As we turn the page on 2022 , I’d like to make five supply chain predictions about what to expect for 2023. The February reading in the New York Fed’s Global Supply Chain Pressure Index was -0.26, reaching negative territory for the first time since August 2019. In January of 2022, Dallas-based o9 Solutions was valued at $2.7

Logistics Network Optimization Software 246

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Supply Chain Matters

JUNE 7, 2023

Noted was a late May decline, largely driven by a more pronounced shift in inventories in the second half of May, reflecting a higher rate of expansion in the first half. Further, the report indicates that many consumer goods firms reportedly achieved the inventory wind down they strove for throughout 2022.

Negotiating Skills 52

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Unleashed

JUNE 22, 2022

Some moved from just-in-time to just-in-case, even if this meant more cash tied up in inventory and a higher risk of waste. To find out, we have created a Product Lead Time Index using data from our inventory management software to track how product lead times have changed since the height of Covid-19. Plastic and rubber products 19.27

Inventory Reduction 98

Inventory Reduction Waste Reduction Price Reduction Material Savings 98

Stord

FEBRUARY 10, 2019

billion in 2022, creating lots of opportunity for companies that design and manufacture these systems. Demand for warehouse automation will mature in 2022, according to the analysis, but the next few years will bring steady growth in shipments and revenue. Warehouse robotics could be worth $30.8

Warehousing 60

Warehousing Los Angeles Supply Chain Design Software Automotive 60

Supply Chain Matters

AUGUST 8, 2022

Supply Chain Matters highlights two additional indices of global and US supply chain volatility relative to July 2022 global supply chain activity levels. In a prior published Supply Chain Matters commentary, we provided highlights of the various July 2022 PMI indices across select global supply chain regions.

Procurement Analytics 52

Procurement Analytics Report Global Supply Chain Software 52

Supply Chain Matters

OCTOBER 19, 2023

In a posting published in July 2019 titled: Amazon and the High Financial Cost of One-Day Shipping , we commented on the online platform provider’s disappointing profitability growth at the time. This prediction was as early as 2019. We collectively have to admire what this platform provider has accomplished across various dimensions.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Expense Reduction Inventory Reduction Cost Reduction Strategies 52

NC State SCRC

JANUARY 1, 2023

As I’ve done in prior years, I’ll make a few predictions based on what happened in 2022 – and what I think it means for 2023. Data below from three series from the BLS PPI program obtained from FRED (with call codes after the labels), all set such that 100 = January 2019. That means that repair may take longer than you think.

Predictive Analytics Software 94

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SupplyOn

SEPTEMBER 3, 2019

Andreas Zaby, President of the Berlin School of Economics and Law (HWR), welcomed the more than 750 participants from 51 countries worldwide to the MIM 2019 conference. and smart manufacturing systems to inventory control and supply chain management (SCM). Likewise, Prof. Dmity Ivanov and Prof. from a wide variety of perspectives.

Manufacturing Procurement 40

Manufacturing Procurement Conference Rail Software Manufacturing 40

Multichannel Merchant

DECEMBER 5, 2022

Adrian Mitchell, Chief Financial Officer of the department store chain, said the semi-automated facilities will allow Macy’s to better utilize inventory in specific markets and regions. In 2022, Gennette said, it’s dialed back to 33%, below internal projections of 37%, with digital sales down 9% from last year.

Expense Reduction 52

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Logistics Viewpoints

NOVEMBER 4, 2022

Driver shortage eases slightly in 2022 but relief likely temporary. The truck driver shortage eased slightly in 2022, after more than 90% of TL carriers raised pay last year, but the industry still faces its second-largest number of vacancies on record, American Trucking Associations Chief Economist Bob Costello said Tuesday.

Logistics Network Optimization Software 199

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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

Inventory Reduction Inventory Optimal Sourcing Supply and Demand 156

Enterra Insights

SEPTEMBER 14, 2022

1] Paul Greenberg and Sven Esser, “ The supply chain: Critical to customer experience ,” ZDNet, 20 January 2022. [2] 2] Thomas Wieberneit, “ The impact of the supply chain on the customer experience ,” Customer Think, 23 April 2022. [3] Footnotes. [1] 7 October 2020. [7] Footnotes. [1] 7 October 2020. [7]

Gartner 130

Gartner Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain 130

Enterra Insights

OCTOBER 17, 2023

She explains, “Since there’s not much supply chain managers can do about these circumstances, there is another way to address the uncertainty besides more inventory: Shorten our supply chains.” China’s total investment in the country last year approached $500 million, up from $300 million in 2020 and $200 million in 2019.

Supply Chain Strategy 130

Supply Chain Strategy Material Savings Global Supply Chain Optimization 130