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.

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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. But chicken and eggs are not the only protein source that has been facing supply chain shortages.

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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. YoY Volume Lapses Worry Air Cargo Companies.

Turkey 52

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Supply Chain Shaman

FEBRUARY 14, 2022

In 2022, I frequently ask companies to draw their river of demand. Orchestration enables companies to effectively manage trade-offs between source, make, deliver and sell.) Companies tightly coupling the budget to S&OP have significantly higher inventories and lower growth than their peer group. Mistake #3. My challenge?

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Enterra Insights

JANUARY 13, 2023

A key source of this problem is that the productivity of human beings simply hasn’t kept pace with the technologies we have developed to help improve our business processes.”[1] It’s about taking inventory.” 1] Ron Craig, “ Enabling the Autonomous Enterprise ,” Oracle Blog, 19 August 2019. [2]

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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.

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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. .

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Supply Chain Matters

JULY 6, 2022

Toyota Motor reported a 19 percent decline in total sales for the first six months of this year while Hyundai Motor reported a 23 percent decline in second quarter sales and a 16 percent sales reduction for the first half of 2022. Steep transportation cost increases and shipping delays added to inventory management challenges.

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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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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.

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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.

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Enterra Insights

SEPTEMBER 14, 2022

A disruption at any point in sourcing, production, or logistics can result in out-of-stock merchandise or delayed deliveries — and, ultimately, a disappointing customer experience.”[6] 1] Paul Greenberg and Sven Esser, “ The supply chain: Critical to customer experience ,” ZDNet, 20 January 2022. [2] ”[7].

Gartner 130

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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.

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Resilinc

JUNE 27, 2023

In 2022, M&As were the second most reported disruption tracked by EventWatch AI (following factory fires, which consistently rank #1 ). Not only did the company benefit from streamlined inventory management, but customers also experienced faster delivery times. #2 What are Mergers & Acquisitions?

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Intelligent Audit

MARCH 17, 2022

According to the EIA , the national average for a gallon of deisel fuel on March 7, 2022, was $4.85, up a whopping $0.75 on February 25, 2022, to $3.24 on March 4, 2022. Meanwhile, FedEx began charging international shipping surcharges effective March 7, 2022. Leverage Domestic Inventory Before Ordering More Overseas.

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ModusLink Corporation

SEPTEMBER 1, 2023

Container rates in late July 2023 reached $1323 per TEU, significantly surpassing the late-2019 rates of $1236.87 This approach can help shippers improve customer service, gain a competitive edge, and effectively manage inventory management. McKinsey , 19 May 2022, [link] Accessed 1 August 2023. Kaiser, Felix, et al.

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Synovos

JULY 24, 2023

For example, RS has reduced its Scope 1 and 2 carbon emissions by 58% since 2019/20 with progress made in the year through distribution center energy efficiencies and renewable electricity. It has also reduced its Scope 3 transportation emissions intensity by 28% since 2019/20, thereby achieving its 2029/30 goal seven years early.

Inventory Reduction 52

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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.

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Unleashed

AUGUST 3, 2021

New Zealand industry sources report that pet food suppliers sold?three?months’ ethically sourced and eco-friendly.? premium, humanely sourced, sustainable?ingredients: In 2019 private label pet food sales reached $2.2?billion excellent source of plant-based protein, hemp is?packed in the first year of the?COVID-19?pandemic,

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Supply Chain Game Changer

SEPTEMBER 19, 2022

This distributed model means that edge computing can reduce network latency by allowing actionable data from sources like sensors and other IoT devices to be analyzed much closer than would otherwise be possible with cloud-based systems. Suppose you need data to decide whether or not to order more inventory.

Gartner 100

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Supply Chain Matters

MARCH 28, 2024

billion reported for 2022. For the full year, the luxury EV auto maker produced 8,428 vehicles, compared to 7,180 vehicles produced in 2022. The UAW has fallen short in two prior votes to organize the Chattanooga facility — in 2014 and 2019, both times by narrow margins. Operating losses amounted to $736.9

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Supply Chain Matters

AUGUST 4, 2022

Noted is that at the onset of the second half of 2022, the elephant in the room remains high inflation. The question is posed as to whether actual shipping demand will align with this capacity, given the current state of excess inventories and fully utilized warehouse space in the S. and Europe. Bob Ferrari. All rights reserved.

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SCMDOJO

MARCH 28, 2023

The use of complex technologies in managing inventory, transportation, trade, and other supply chain activities has been evolving for ages. They collaborated to trace a bundle of sliced mangoes back to its source, with traditional paper documents taking nearly seven days to complete the task.

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Supply Chain Matters

MARCH 29, 2022

and China trade war had resulted in added tariffs being applied to footwear causing designers to consider sourcing within other countries, especially Vietnam. © Copyright 2022, The Ferrari Consulting and Research Group and the Supply Chain Matters® blog. Further noted was that a U.S. Added Perceptions. from pre-pandemic levels.

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ToolsGroup

NOVEMBER 4, 2022

Excess inventory – it’s taking up your warehouse space, tying up working capital, and limiting your planning team’s range of motion. It’s time to Marie Kondo your supply chain by eliminating excess inventory and learning how to avoid it in the first place. Let’s talk about: What Excess Inventory Is. What Causes Excess Inventory.

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Supply Chain Matters

MARCH 2, 2023

From our lens, a more optimistic indicator was the report pointing to average supplier lead times shortening for the first time since July 2019. Taiwan Taiwan’s activity as reflected in the S&P Global Taiwan Manufacturing PMI® showed its best performance since June 2022, rising 4.7 The new orders sub-index was reported as 54.1,

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Supply Chain Matters

APRIL 1, 2022

New COVID variant outbreaks occurring across broader areas of China, leading to added restrictions and material movement disruptions, now becoming more concerning both for industry supply chains, and for China ’s stated GDP goals for 2022. Friedman went on to articulate that transit times to move inventory from Asia to the U.S.

Negotiating Skills 52

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Supply Chain Matters

NOVEMBER 6, 2023

With output contracting for the fifth consecutive month and business optimism reportedly dipping to an 11-month low, the report pointed to cutbacks occurring in manufacturing employment, purchasing and inventory levels globally. Export business reportedly decreased for the second straight month and at the fastest rate since March 2022.

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Supply Chain Matters

AUGUST 7, 2023

The July PMI report further pointed to current inventory levels being at their lowest point in the history of this index, and based on July data, is still an ongoing process. warehouse workers in June of 2022. This is noted as 24 percent higher than average 2019 (pre-pandemic) rates of $1,420. There were 1.96

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Supply Chain Matters

JUNE 5, 2023

That could signal even more added inventory exposures. On a positive note, average purchase prices reportedly fell for the first time in three years while supplier lead times “ shortened to the greatest extent since April 2019, amid reports of improved material availability and lessor supply chain pressure.” for May, 0.2

Manufacturing Procurement 52

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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. 28% of global retailers have tried to find alternative sourcing options due to supply chain issues (RetailNext, 2020). Source: Consultancy.UK.

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Resilinc

NOVEMBER 2, 2021

In the race to fill distribution centers and store shelves with inventory for the holidays, some of the world’s largest retailers and ecommerce sellers are jumping ahead of smaller competitors by chartering ships, shifting freight to air, re-rerouting inland shipments, and hiring more staff for distribution centers and other supply chain nodes.

Inventory Reduction 62

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The Logistics & Supply Chain Management Society

MAY 28, 2022

It is prime time for visibility / inventory management tools and outsourcing. For instance, Maersk and CMA CGM are building end-to-end logistics capability chains, while over USD 6bn was invested by VC investors in freight marketplaces alone through 2019. Source: US Census Bureau. USD 2bn in annual VC funding) from 2015-2019.

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SYSPRO Smarter ERP

DECEMBER 15, 2021

51% said they expect full recovery by end of 2022. Spending and Innovation – the focus and source of funds. There is a need to create relevant investments to enable best customer service from minimum investment in inventory. These are the key findings which may apply to a degree globally. in 2020/21compared to growing 2.5%

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Supply Chain Matters

JUNE 21, 2022

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. percent over 2019. business logistics costs for 2021. . Specific Highlights. billion, an increase of 24.3

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Supply Chain Shaman

DECEMBER 30, 2021

When the ball drops on Times Square to welcome in 2022, the employees at the Port of Long Beach will celebrate moving 9 M TEUs in imports: a 26% increase year-over-year. Value networks do not interoperate and the business leader trying to track shipments must manually sync multiple data sources to get to answers. Be A Good Shipper.

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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? Inventory control technology allows for tracking of returned goods and reduces the time it takes for a product to re-enter stock. 3 examples) 1.

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