The Logistics & Supply Chain Management Society

AUGUST 20, 2020

Gartner estimates that by the end of 2022, 85% of enterprises will have some form of RPA implemented in their business and Forrester calculates the RPA market will exceed a 50% CAGR by 2023, going from roughly $500 million to $2.8 Inventory Management. Regardless of how efficient and effective, all supply chains carry inventory.

Supply Chain Software 246

Supply Chain Software Supply Chain Planning Software Optimal Sourcing Agile and Lean Supply Chain 246

SYSPRO Smarter ERP

JANUARY 31, 2022

Among key insights , we learned that finance leaders are realigning their 2022 priorities to meet changing business needs. 2. Managing working capital, cash flow, and inventory costs. investments), cash flow, and rising inventory costs rank as the second-highest CFO priority for 2022.

Manufacturing 105

Manufacturing Inventory Reduction Inventory Management Software Cost Reduction Strategies 105

Supply Chain Shaman

SEPTEMBER 5, 2022

Supply Chain Performance over the Period of March 2020 to July 2022. Supply chain leaders self-assessment of performance during the pandemic period of March 2020-through July 2022. Inventory Is an Egregious Symptom of Supply Chains Gone Wrong. Today, inventory fire sales abound. The winter offers no relief.

Supply Chain Planning Software 235

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Supply Chain Strategy 235

Enterra Insights

JANUARY 5, 2022

Change, however, takes both time and money — especially when that change needs to be global in nature. He explains, “In 2022, it’s going to be important that supply chain technology companies can really provide solutions that enhance connectivity and visibility.”[1] billion in 2017 plummeted to $5,200 billion in 2020.

Supply Chain Software 100

Supply Chain Software Supply Chain Planning Software Trends Agile and Lean Supply Chain 100

Supply Chain Matters

JULY 20, 2022

The Ferrari Consulting and Research Group via its affiliated Supply Chain Matters blog shares a mid-year assessment of previously published 2022 predictions for industry supply chains published at the beginning of 2022. Since that time, the IMF along with the World Bank have been issuing revised downward forecasts.

Manufacturing Procurement 98

Manufacturing Procurement Supply Chain Planning Supply Chain Strategy Supply Chain 98

Enterra Insights

AUGUST 8, 2022

From 2019 to 2020, there was an almost 15% increase.”[4] The staff at Logility observes that holiday supply chains are stressed even during the best of times. When you boil it down, a product’s shelf life is very short and if you don’t sell it, that inventory will be discounted shrinking already razor thin margins.

Logility 246

Logility Manufacturing Procurement Supply Chain Planning Scenario Planning 246

ToolsGroup

DECEMBER 20, 2021

The problems we are experiencing now started in March 2020 when COVID hit and suppliers in Asia shut down. . By May 2020, suppliers were mostly operational again, but there was a huge downturn in U.S. A closer look at higher container costs alone reveal just how much container prices have changed. . Image source: Bloomberg.

Supply Chain Disruption 194

Supply Chain Disruption Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 194

Supply Chain Shaman

JUNE 9, 2023

The demand must be embraced as a flow, not an analysis of time-phased data, to drive better insights. In the Global Supply Chain, there are More Constraints To Address Than Just Manufacturing. Procurement planning inside of lead time is not sufficient. A Focus on Safety Stock Is Too Narrow for Effective Inventory Management.

Optimal Sourcing 299

Optimal Sourcing Supply Chain Planning Software Supply and Demand Supply Chain Design Software 299

Elementum

JUNE 30, 2022

Supply Chain Market Report – July 2022 This edition will cover: The signs of looming stagflation How executives can prepare their supply chains The imminent problem of staffing shortages The latest use of drones in supply chain Notable changes in the leadership ranks. contracting output). Sustained Inflation. Stalling Demand.

Procurement Analytics 78

Procurement Analytics Supply Chain Design Software Supply Chain Software Supply Chain Planning Software 78

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. Why Has Inventory Been so Hard to Come By? Near the start of the pandemic, the inventory-to-sales ratio in the U.S. in July 2020 and bottoming out at 1.07 plummeted—first down to 1.21

Inventory Reduction 78

Inventory Reduction Inventory Manufacturing Procurement Purchasing Skills 78

Unleashed

OCTOBER 27, 2021

Here we give you our top 10 wholesale distribution trends for 2022 and beyond. Industry economic trends and an outlook for the future The global wholesale industry took a downturn in 2020 due to the COVID-19 pandemic and related trade and personnel restrictions – but it’s expected to grow from now to 2025.

Inventory Management Software 97

Inventory Management Software Forecasting Software Predictive Analytics Software Analytics Software 97

Unleashed

MARCH 2, 2022

In what could be a shift from ‘just-in-time’ to ‘just-in-case’ stock models, analysis of 521 SME manufacturers found that the overall value of stock rose by 34 per cent between 2020 and 2022, while overall domestic demand* dropped 6.8 10 Trends in Supply Chain Management in 2022.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Disruption Modeling Agile and Lean Supply Chain 98

Unleashed

NOVEMBER 16, 2022

The Manufacturers Health Check report shows SMEs in the UK, New Zealand and Australia were forced to hold record levels of stock in Q3 2022 – a response to billowing international lead times. and fulfilment times fell, from 20 days to around two weeks. Fulfilment times dropped too by just under a day and a half, from 12.1

Manufacturing Procurement 52

Manufacturing Procurement Inventory Reduction New Zealand Price Reduction 52

Unleashed

NOVEMBER 1, 2021

We’ve read the market reports, trawled the internet and identified key areas of change, and here we break these down for you with 10 of the major trends we expect to see in this industry in 2022 and beyond. Read more: Supply chain management explained: methods in modern business 1. billion to $5.6 billion in 2021. billion to $5.6

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software Trends 98

Freightos

DECEMBER 20, 2022

The global economy has gone through an incredibly tumultuous time since 2020. Rates remained about 10X higher than pre-COVID through April of 2022, leading most importers to pass on at least some of those increased costs to consumers in the form of higher prices. This deserves more exploration.

Purchasing Skills 156

Purchasing Skills Analysis Cost Reduction Strategies Freight 156

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]. Keeping up with and making sense of all this data is far beyond the capabilities of traditional analytic methods.

Predictive Analytics Software 264

Predictive Analytics Software Analytics Software Optimization Software Material Savings 264

BlueYonder

NOVEMBER 14, 2022

The entire world is gearing up for the 2022 FIFA World Cup , held in Qatar from Nov. million fans will descend on Qatar for this event — which marks the first time an Arab country has hosted the World Cup. With a population of just 2.9 20 through Dec. Over the course of four weeks, 32 teams and over 1.7

Supply Chain Planning Software 73

Supply Chain Planning Software Modeling Agile and Lean Supply Chain Supply Chain Planning 73

6 River Systems

MARCH 23, 2022

As we near the end of Q1 2022, here are the top eight trends that continue to dominate the warehousing industry. One of the biggest trends that remains for the warehousing industry in 2022 is labor shortages. Integrating autonomous mobile robots (AMRs) can help attract, train and retain employees while reducing time to productivity.

Warehousing 64

Warehousing Inventory Reduction Trends Cost Reduction Strategies 64

Logistics Viewpoints

AUGUST 19, 2022

Krispy Kreme, Dunkin’, and just about every breakfast brand is jumping on the bandwagon to bring pumpkin spice to the forefront. This is the first time Amazon has hiked seller fees for the holidays. Walmart estimates that inventory is still 15 percent above optimal levels. And this year is no different. Walmart has about $1.5

Logistics Network Optimization Software 198

Logistics Network Optimization Software Supply Chain Planning Software Inventory Reduction Cost Reduction Strategies 198

Enterra Insights

DECEMBER 26, 2022

Or maybe you just read a book extolling the virtues of minimalism and want to give that lifestyle a swing.”[1] Maybe it doesn’t fit. Maybe it doesn’t suit your taste. Maybe you ordered something on a whim (or you snagged an awesome deal) and now you have buyer’s remorse. According to the National Retail Federation Online 16.6%

Pricing Training 130

Pricing Training Purchasing Skills Purchasing Training Procurement Solutions 130

Supply Chain Matters

OCTOBER 12, 2022

In this Supply Chain Matters posting we highlight published September 2022 indices of global supply chain volatility ( GSPI ) and US Logistics Index ( LMI ) activity trends along with our view of the implications. In a prior Supply Chain Matters posting, we highlighted both September and Q3-2022 global and regional PMI indices.

Inventory Reduction 59

Inventory Reduction Cost Reduction Strategies Warehousing Price Reduction 59

Supply Chain Matters

AUGUST 22, 2022

In this Supply Chain Matters industry specific commentary, we make the observation that retail industry sales and operations planning and demand support teams, given the current state of recent business financial performance, need to up their game in supply network inventory management agility and added responsiveness. . Latest Developments.

Inventory Management Software 52

Inventory Management Software Agile and Lean Supply Chain Inventory Management Inventory Reduction 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

Inventory Reduction Resource Reduction Inventory Cost Reduction Strategies 52

The Logistics & Supply Chain Management Society

AUGUST 19, 2022

This article was originally written and published for DHL in January 2020 and focused on the trade wars and how to leverage opportunities for tariff reductions. The HS code determines the tariff a product will incur at the time of import. Reclassification is one way to pay lower or no tariffs at the time of import.

Cost Reduction Strategies 245

Cost Reduction Strategies Material Savings Inventory Reduction Vendor Strategies 245

Supply Chain Shaman

FEBRUARY 14, 2022

I wrote many reports on airport floors in those days–electrical plugs were just too scarce.) (I wrote many reports on airport floors in those days–electrical plugs were just too scarce.) At the time, I was fascinated how the most mature teams bucked the system. Sales and Operations Maturity Model from 2005-2008.

S&OP 195

S&OP Supply and Demand Procurement Analytics Manufacturing Procurement 195

Enterra Insights

FEBRUARY 2, 2023

Unexpectedly, he finds himself trapped in a time loop that forces him to relive February 2nd repeatedly. ”[1] However, like weatherman Phil Connors, supply chain professionals aren’t simply living through the loop they are taking the opportunity to improve operations each time old obstacles and challenges arise.

Supply Chain Software 130

Supply Chain Software Agile and Lean Supply Chain Material Savings China 130

Enterra Insights

AUGUST 11, 2022

This year’s hurricane season couldn’t come at a worse time. 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. ” You’ve been warned.

Supply Chain Planning Software 130

Supply Chain Planning Software Forecasting Predictive Analytics Software Forecasting Software 130

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. Mid-Year Global Transportation Assessment.

Predictive Analytics Software 52

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

Supply Chain Matters

MAY 3, 2022

Morgan Global Manufacturing PMI® , a composite index by S&P Global in association with ISM and IFPSM, global manufacturing output fell for the first time in 22 months during April and were attributed to the ongoing sharp economic and transportation downturn in China. in March, and the lowest level recorded since August 2020.

Manufacturing Procurement 52

Manufacturing Procurement China Purchasing Skills Supply Chain Planning 52

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%.” It enables companies to track and trace their products which are equipped with sensor devices.”[2]. ”[2].

Internet of things 130

Internet of things Supply Chain Software Supply Chain Optimization Supply Chain Network Software 130

Elementum

DECEMBER 1, 2021

There’s good reason to believe that 2022 will bring relief to certain, long-running problems while new areas of concern take center stage. lean manufacturing, Just-in-Time supply chain, etc.), In reality, it was just a matter of time before the global supply chain landed itself in gridlock.

Agile and Lean Supply Chain 195

Agile and Lean Supply Chain Price Reduction Supply Chain Software Supply Chain Strategy 195

Ware2Go

JUNE 20, 2023

However, in 2020 the COVID-19 epidemic propelled eCommerce from a growing trend into an all-out boom. Here are some key stats about the ocean freight industry and the supply chain in the years since 2020: A Ware2Go report found that 89% of consumers who participated in the eCommerce boom planned to do as much or more of their shopping online.

Negotiating Skills 98

Negotiating Skills Supply Chain Planning Software Supply Chain Planning Freight 98

Unleashed

JUNE 22, 2022

Covid restrictions, Brexit, labour shortages, rapidly-changing customer demand and the war in Ukraine, have all contributed to shortages of key raw materials and components – squeezing margins and causing long lead times and higher prices for customers. Longest lead times during the pandemic. Plastic and rubber products 19.27

Inventory Reduction 98

Inventory Reduction Waste Reduction Price Reduction Material Savings 98

The Logistics & Supply Chain Management Society

DECEMBER 21, 2021

We see a renewed focus on inventory positioning, given the attention on supply chain risk management and the exponential growth in e-commerce activities, as well as higher demand for cold chain logistics. The E-Conomy SEA 2020 Report, has highlighted a significant shift in the buying behaviour across Southeast Asia.

Warehousing 245

Warehousing Supply Chain Software Supply Chain Design Software Modeling 245

The Logistics & Supply Chain Management Society

JANUARY 3, 2024

Asset relocation takes time. in 2020 to 25.6 % in 2021, reaching a market size of $553 billion. in 2020 to 25.6 % in 2021, reaching a market size of $553 billion. Over the last three years, these three fundamental assumptions unraveled: they are no longer valid. The impact varies by supply chain sector and value chain.

Supply Chain Design Software 130

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 130

Supply Chain Shaman

SEPTEMBER 22, 2021

Allyson’s presentation was just that. This is despite the purchase of Terra Technology Demand Sensing and Multi-tier Inventory Management (MEIO) in 2014 for 12-14M$ (including implementation). Recently, I hosted the Supply Chain Insights Global Summit. Executing an event in the middle of the Covid-19 pandemic is challenging.

Optimal Sourcing 217

Optimal Sourcing Analytics Software Procurement Analytics Supply Chain Planning Software 217

BlueYonder

SEPTEMBER 7, 2023

In every role inventory availability and protecting the company’s assets was always critical. In every role inventory availability and protecting the company’s assets was always critical. billion from 2020. Having started my retail career at the age of 17, I speak from experience when I say…retail is a hard business!

Retail 109

Retail Inventory Reduction Real-time Visibility Supply Chain Design Software 109