American Global Logistics

DECEMBER 7, 2022

We had a hangover from the pandemic: Which led to continued inventory shortages, closures of manufacturing plants in China, congested ports, and underemployment. In 2019, both countries combined exported 25.4% Cargo capacity exacerbated inventory shortages in the first half of 2023. It also led to inventory excesses.

Russia 52

Russia Inventory Reduction Price Reduction Modeling 52

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

Negotiating Skills Logistics Network Optimization Software Logistics Material Savings 52

Intelligent Audit

DECEMBER 12, 2022

As shippers drew down existing inventories, replenishment became necessary to quickly satisfy consumers’ spending habits. This, along with container shortages, drove up ocean freight spot rates and caused sporadic export delays. How is Inflation affecting freight rates? PPI’s finished goods index increased 6.9%

Cost Reduction Strategies 52

Cost Reduction Strategies Price Reduction Inventory Reduction Negotiating Skills 52

Freight Plus

OCTOBER 25, 2019

It’s indicative of a soft freight market, a drop in industrial production, and lower world oil prices. Russ Aborn: It could be that they are culling the freight that is not as profitable as they’d like. Based on what we’ve seen, they certainly are not pricing new freight aggressively to secure new business. Chris Peckham. ?.

Negotiating Skills 40

Negotiating Skills Purchasing Skills Eliminating Excel in Purchasing Manufacturing Procurement 40

Supply Chain Game Changer

JANUARY 19, 2020

Our 2019 Top 10 List! As we come to the end of our 3rd year here at Supply Chain Game Changer it is time to publish our semi-annual 2019 Top 10 List. Our audience and reach continues to expand with Supply Changer now being ranked as one of the Top 20 Supply Chain blogs in the world and one of the Top 15 Procurement blogs in the world.

Supply Chain Software 10

Supply Chain Software Procurement Inventory Management Inventory Reduction 10

Supply Chain Matters

APRIL 1, 2022

Financial results were positive and included annual net revenues increasing 32 percent on a year-over year basis, and 42 percent when compared to pre-pandemic 2019. Friedman went on to articulate that transit times to move inventory from Asia to the U.S. Operating margin has reached nearly 26 percent, up 1.2 basis points.

Negotiating Skills 52

Negotiating Skills Manufacturing Procurement Sourcing Strategies Material Savings 52

Supply Chain Matters

AUGUST 11, 2022

At the end of 2019, prior to the onset of the Covid-19 global pandemic, this index stood at $1,832 per TEU. Now there is growing belief that with consumer demand for products turning, and with retailers and business with high inventory levels, the peak second-half shipping period may be lower than prior years.

Predictive Analytics Software 52

Predictive Analytics Software Supply Chain Planning Software Cost Reduction Strategies Supply Chain Strategy 52

Enterra Insights

FEBRUARY 13, 2019

Machine learning can prove useful all along the supply chain from procurement to production to marketing to after sales support. “Reducing freight costs, improving supplier delivery performance, and minimizing supplier risk are three of the many benefits machine learning is providing in collaborative supply chain networks.”

Optimal Sourcing 124

Optimal Sourcing Columbus Procurement Analytics Predictive Analytics 124

Supply Chain Matters

AUGUST 4, 2022

Regarding ocean container freight rates, spot rates are noted as dropping across the board on both Asia-Europe and Asia-US The implication is that if spot rates drop way below contract rates, shippers will likely seek to renegotiate contract rates recently consummated earlier this year. and Europe.

Supply Chain Planning Software 52

Supply Chain Planning Software Global Supply Chain Planning Supply Chain Software 52

Turvo

MAY 27, 2020

They must manage inventory in their facilities, in the yard, in transit, and in third-party retailers that have lines of credit with the company. These might not seem like major hurdles, but each item represents a higher cost for managing inventory and adds to inefficiencies. To accommodate the surge, the Fort Wayne, Ind.

Supply Chain Planning Software 56

Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Network Software Supply Chain Software 56

Talking Logistics

FEBRUARY 9, 2016

ports will compete for customers, especially in 2018 and 2019 when the International Longshoremen’s Association (ILA) and International Longshore and Warehouse Union (ILWU) contracts will be renegotiated. In my opinion, there will be more than one way to procure capacity, rates, and services for the 2016-2017 season.

Panama 100

Panama Supply Chain Planning Scenario Planning Price Reduction 100

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

Logistics Network Optimization Software 52

Logistics Network Optimization Software Procurement Analytics Report Inventory Reduction 52

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. New knowledge and insights from machine learning are revolutionizing supply chain management as a result. 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

DynaSys

JANUARY 13, 2021

And, among numerous examples of competitive disruption, new product strategies, such as White Claw’s 2019 upswing impacting the beer industry , are similarly noteworthy examples of frequently observed disruptions limited to particular markets. However, overall supply (in 2019’s case overall beverage supply) usually accommodates demand.

Supply Chain Planning Software 62

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Supply Chain Strategy 62

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. Thanks to container prices rising as much as 600%, money that could be used for advertising went to freight companies instead. Supply Chain Brain ).

Material Savings 207

Material Savings Purchasing Skills Supply Chain Planning Software Manufacturing Procurement 207

Supply Chain Shaman

NOVEMBER 15, 2021

Inventories in the chemical industry are at record lows: a forerunner of bad days ahead. Hazardous freight is the most likely to get “rolled” at the dock. On the one hand, we should celebrate the fact that the aggregate industry moved 38% more freight in 2021 when compared to 2019. Time For Action.

Supply Chain Design Software 278

Supply Chain Design Software Supply Chain Planning Software Sourcing Strategies Supply and Demand 278

ThroughPut

OCTOBER 28, 2019

Published October 25, 2019 in Global Trade Magazine. This is why supply chain managers are always stressing over demand forecasts — something that tops the list of most critical inventory management practices. On the contrary, you should be exploring all your procurement options globally, nationally, and locally.

Saudi Arabia 40

Saudi Arabia Material Savings United Arab Emirates Shipping 40

Supply Chain Shaman

NOVEMBER 15, 2021

Inventories in the chemical industry are at record lows: a forerunner of bad days ahead. Hazardous freight is the most likely to get “rolled” at the dock. On the one hand, we should celebrate the fact that the aggregate industry moved 38% more freight in 2021 when compared to 2019. Time For Action.

Supply Chain Design Software 195

Supply Chain Design Software Supply Chain Planning Software Sourcing Strategies Supply and Demand 195

Supply Chain Shaman

NOVEMBER 15, 2021

Inventories in the chemical industry are at record lows: a forerunner of bad days ahead. Hazardous freight is the most likely to get “rolled” at the dock. On the one hand, we should celebrate the fact that the aggregate industry moved 38% more freight in 2021 when compared to 2019. Time For Action.

Supply Chain Design Software 195

Supply Chain Design Software Supply Chain Planning Software Sourcing Strategies Supply and Demand 195

CH Robinson Transportfolio

JANUARY 8, 2016

ports will compete for customers, especially in 2018 and 2019 when the International Longshoremen’s Association (ILA) and International Longshore and Warehouse Union (ILWU) contracts will be renegotiated. In my opinion, there will be more than one way to procure capacity, rates, and services for the 2016-2017 season.

Supply Chain Planning 34

Supply Chain Planning Panama Scenario Planning Price Reduction 34

ToolsGroup

JANUARY 13, 2021

Of course trade-offs of higher manufacturing costs are balanced against reduced inventory costs, lower freight/logistics costs, lower duties and taxes, etc. For example, you could have an Oracle database and ToolsGroup inventory optimization, all integrated in a Google data lake. Published: 17 October 2019 ID: G00450874. (2)

Supply Chain Planning Software 272

Supply Chain Planning Software Predictive Analytics Software Supply Chain Planning Scenario Planning 272

Unleashed

JUNE 23, 2021

Best practice inventory management – and the wider world of supply chain management – has played a big part in business survival through 2021. With that in mind, here’s our pick of the 10 most important inventory management trends for 2022. 10 inventory management for 2022: 1. Inventory analytics goes mainstream.

Inventory Management Software 80

Inventory Management Software Inventory Reduction Inventory Management Supply Chain Planning Software 80

The Logistics & Supply Chain Management Society

FEBRUARY 15, 2021

IoT supports operational efficiencies in areas such as asset tracking, inventory management and forecasting, improving productivity and aiding decision-making across the supply chain. Inventory optimization: Coupled with demand forecasting, predictive analytics enables warehouses and DCs to optimize inventory levels.

Supply Chain Planning Software 298

Supply Chain Planning Software Supply Chain Software Prescriptive Analytics Software Predictive Analytics Software 298

Enterra Insights

FEBRUARY 11, 2020

.” Alex Saric, a procurement expert at Ivalua, observes that poor supply chain visibility exposes companies to unwanted risks. Here, a smart approach to procurement will allow companies to improve supplier visibility, put effective measures in place and identify supply chain risks as they appear. Footnotes. [1]

Supply Chain Planning Software 100

Supply Chain Planning Software Supply and Demand Analytics Software Predictive Analytics Software 100

New Horizon Supply Chain Blog

AUGUST 1, 2022

Supply planners routinely plan purchasing, manufacturing, and outbound shipments based on detailed parameters relating to inventory levels, purchasing lead times, and manufacturing capacity. Freight is literally being left on the loading dock because there’s no room on the truck. Current Approaches to Truck Load Optimization.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Planning Software Supply Chain Optimization Supply Chain Planning 52

Supply Chain Matters

JUNE 14, 2022

Supply chain planning technology provider ToolsGroup announced the acquisition of Onera , a provider of real-time inventory availability and fulfillment software solutions catering to retail industry needs. Reportedly, ToolsGroup will add Onera ’s inventory availability and fulfillment technology to its retail planning suite.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Optimization Software Demand Planning Software 52

Enterra Insights

JUNE 17, 2020

Ask a person on the street what constitutes supply chain management and my guess is they would say SCM means ensuring the entire supply chain, from procurement of raw materials to product delivery, runs smoothly. 1] Adam Hayes, “ Supply Chain Management ,” Investopedia , 11 August 2019. [2] Data-as-a-service (DaaS).

Supply Chain Planning Software 130

Supply Chain Planning Software Sourcing Strategies Supply Chain Software Supply Chain Strategy 130

Enterra Insights

SEPTEMBER 12, 2019

Lack of Inventory Visibility and Metrics. Carrying inventory is a necessary evil. Too much inventory means profits are eaten away by storage costs. Too little inventory and sales opportunities are lost. Poor Visibility into Inventory in Transit. They are: 1. ” 3. Overlooking Physical Transformation.

Omnichannel 100

Omnichannel Logistics Network Optimization Software Retail Inventory Reduction 100

Freightos

DECEMBER 13, 2023

More Resources Home December 13, 2023 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market. America weekly prices decreased 7% to $5.88/kg

Negotiating Skills 227

Negotiating Skills Optimal Sourcing Price Reduction 227

The Logistics & Supply Chain Management Society

SEPTEMBER 25, 2020

Slowing demand means 6% lower imports from the GCC vs 2019 and 10% lower than 2020 forecast before the virus outbreak.” Realising operational and cost efficiencies will reduced lead times, improved forecast accuracy and increased inventory turnover. Reported by GPCA, “China is one of the key destinations for GCC polyethylene exports.

Chemicals 113

Chemicals Saudi Arabia Cost Reduction Strategies Inventory Reduction 113

Logistics Bureau

DECEMBER 9, 2019

I was a little late getting started in 2018, and we were already into 2019 when I got round to publishing my usual trends article. Again, this might include recycling or refurbishing items damaged in storage or transit, or placing undamaged returns back into a sales inventory. This year I decided to start early, but where to begin?

Logistics Network Optimization Software 96

Logistics Network Optimization Software Supply Chain Software Trends Agile and Lean Supply Chain 96

American Global Logistics

DECEMBER 5, 2023

Partnering with a 3PL is not a new concept, and many of the world's most successful companies have long recognized their value as the freight market continues to evolve. This collaboration allows Walmart to manage its massive freight operations efficiently, ensuring that its stores are always stocked with the products customers need.

3PL 52

3PL Negotiating Skills Resource Reduction Supply Chain Planning Software 52

The Logistics & Supply Chain Management Society

JUNE 14, 2023

In an explicit and sharp rebuke rarely heard from politicians, President Biden addressed a handful of freight carriers, accusing them of exploiting their unfettered control of the market for personal gain. percent increase from 2019. Amy Klobuchar (D-Minn.) and John Thune (R-S.D.) According to Forbes , U.S. Of course not. desires.

Supply Chain Design Software 130

Supply Chain Design Software Shipping Logistics Network Optimization Software Forecasting Software 130

6 River Systems

SEPTEMBER 17, 2019

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. Bed Bath & Beyond is also implementing inventory reduction strategies and is on track for a 5% reduction year-over-year by the end of the current fiscal year.

Supply Chain Design Software 45

Supply Chain Design Software Supply Chain Planning Software Sourcing Strategies Inventory Reduction 45

6 River Systems

JULY 25, 2019

All of the above (and other down-stream KPIs and processes) are heavily influenced by the accuracy of a demand forecast: if the demand forecast is much more accurate, a company is more likely to have the right product, in the right quantities in inventory and will have less of the products in inventory that is not required.

Supply Chain Planning Software 96

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Strategy 96

6 River Systems

DECEMBER 13, 2019

Click on a link below to browse tips related to a topic of interest: Tips for optimizing your warehouse layout & organization Tips for optimizing your warehouse workflows & processes Warehouse inventory optimization tips Optimizing your warehouse with tools & technology Tips for optimizing your warehouse layout & organization 1.

Optimal Sourcing 81

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CH Robinson Transportfolio

AUGUST 14, 2019

As many shippers front-loaded inventory in the second half of 2018—especially the fourth quarter—to avoid potential tariff increases, the market saw drastic volume increases beyond what we’ve come to expect from years’ past. Higher inventories to avoid tariffs. Many analysts still predict a potentially quiet or slow 2019 peak season.

Forecasting 34

Forecasting Panama South Korea United States 34