Supply Chain Matters

NOVEMBER 28, 2022

Indications thus far would indicate that indeed, consumers are being more watchful and concerted in their holiday spending activity, waiting to ascertain where the best bargains will present themselves. Profitability objectives are paramount, but inventory overhang remains a significant challenge. averaged $2.37 Bob Ferrari.

Sourcing Strategies 59

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Supply Chain Matters

MARCH 3, 2022

The Supply Chain Matters blog highlights February global manufacturing and supply chain indices and challenges relative to product demand and supply network imbalance levels in the first quarter of 2022. The February 2022 Manufacturing ISM© Report on Business reported a value of 58.6, This index’s February value of 53.6

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Supply Chain Optimization Global 52

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

Enterra Insights

JANUARY 31, 2023

growth in 2020. In 2022, the firm [expected] the market to expand 32.4%, supported by ‘pandemic-induced online shopping stickiness.’ ’ By contrast, eMarketer found the online grocery market rose by 64% and 12% in 2020 and 2021, respectively, and is forecasting a 20% jump [for 2022]. market at $122.39

Omnichannel 130

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Enterra Insights

OCTOBER 11, 2022

“In 2022,” she explains, “I frequently ask companies to draw their river of demand. For example, manufacturing may be tasked to fill all orders which requires having inventory on-hand in distribution centers. However, distribution centers may be given the conflicting task of minimizing excess inventory space and cost.

S&OP 130

S&OP Supply Chain Planning Software Supply and Demand Supply Chain Planning 130

Enterra Insights

FEBRUARY 2, 2023

Back in early 2022, The Economist wrote that company earnings reports were filled with mentions of “covid-induced shortages.” The workforce that is present is overworked and stressed, making them inefficient. ”[2] Although the world tries to ignore the Covid nightmare, it’s still with us. ” Inflation.

Supply Chain Software 130

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Supply Chain Matters

MARCH 23, 2022

An added implication is cited data indicating that the average Asia-East Coast container vessel during 2020 and 2021 had average capacity levels of 9,390 TEU ’s and that 2022 ship sizes are expected to decline to 8,699 TEU ’s, thus requiring added unloading cycles. This was a noted challenge for major U.S. All rights reserved.

Ukraine 52

Ukraine Kansas City Supply Chain Planning Software Supply Chain Strategy 52

ToolsGroup

OCTOBER 3, 2022

Yet according to retail advisory firm IHL , “The most significant challenges to inventory distortion are the availability of workers and the disruptions outside of the immediate control of the retailer.” below its February 2020 rate, despite enticements like improved workplace flexibility, benefits, and wages.

Optimal Sourcing 156

Optimal Sourcing Retail Purchasing Skills Inventory Reduction 156

Intelligent Audit

JUNE 30, 2022

But in the timeframe between 2020 to 2022, a volatile supply chain market showed the weakness in outdated, legacy supply chain execution built on rigid technology or lacking any accurate data that can improve overall decision-making. Inventory and Material Management Is Also Presenting New Challenges for the ?

Optimal Sourcing 52

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Enterra Insights

AUGUST 2, 2022

… Reshoring and foreign direct investment job announcements for 2021 were projected to be over 220,000 — 38% above 2020, which already scored the highest yearly rate recorded to date.”[3]. manufacturing capability, and increasing their inventory positions. This has been driving reshoring numbers higher. ”[3].

Supply Chain Design Software 130

Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Strategy Supply Chain Design 130

Cathy Roberson

AUGUST 2, 2021

As such, my search continues and it may be continuing into 2022 since inventories remain low, shortages in raw materials continue, and overseas delivery delays impact the furniture industry. for the first half of 2021 compared to the same period in 2020 and up 5.0% million loss for the second quarter of 2020.

Vendor Strategies 82

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Enterra Insights

JANUARY 25, 2023

” Today’s business world moves at computer speed — and that presents a decision-making challenge. And without human intervention, the ‘control towers’ will be able to take corrective actions by directing inventory transfers, adjusting process steps on an assembly line, or rerouting containers.”

Supply Chain Design Software 130

Supply Chain Design Software Modeling Predictive Analytics Software Optimization Software 130

Supply Chain Matters

DECEMBER 13, 2022

In summarizing the challenges and performance of industry supply chains over the last three years, we start with the year 2020 when the Covid-19 pandemic initially impacted global economies and businesses. One of the most valuable learnings of 2020 was the value and dedication of people in supporting supply chain customer fulfillment needs.

Manufacturing Procurement 52

Manufacturing Procurement Supply Chain Optimization Supply Chain Software Supply Chain Strategy 52

BlueYonder

AUGUST 30, 2022

In 2020, sales more than tripled the average annual growth to 9.5% 2] At an average order value of $74 per online grocery transaction, $11 billion equates to roughly 150 million orders in 1H of 2022. Substitution options should be presented before, during and after a consumer completes an online order.

Inventory Reduction 52

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Unleashed

DECEMBER 13, 2023

The Q3 2023 index scores are based on more than 400,000 data points from 2,600 manufacturing firms using the Unleashed inventory management system. Up The UK Cosmetics & Personal Care industry has delivered on 2022 predictions of high business performance with an overall health score of 98, the first-equal highest score.

Manufacturing Procurement 52

Manufacturing Procurement New Zealand Manufacturing Beverage 52

Supply Chain Matters

APRIL 4, 2023

However, we discern some added signs excess inventories and of production sourcing shifts. percentage points higher than the average value of Q4-2022 which was 48.9. as contrasted with the Q4-2022 average quarterly value of 49.5. in March, the fifth consecutive month of contraction and noted as the lowest value since 2020.

Manufacturing Procurement 52

Manufacturing Procurement Manufacturing Global Purchasing Skills 52

Herlitz Inventory Management

MARCH 23, 2023

When it comes to replenishing inventory, or more generally, inventory optimization, demand forecasting is the first and last most important element. As 2020 was ending and some item assortments were reemerging, our users were able to break this artificial link. In other words, it looked like no substitutions happened at all.

Demand Planning Software 52

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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. Between buying presents, plane tickets and party supplies, 36% of consumers went into debt, owing an average of $1,249, according to a survey by LendingTree. Job well done.

Price Reduction 130

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Enterra Insights

AUGUST 29, 2023

One solution often considered is having more inventory on hand, or developing dual supply chains that can deliver the same goods via two routes, in case one becomes impeded. ” Footnotes [1] Staff, “ 12 Steps to a Resilient Enterprise: Part 1 of 4 ,” Logility Blog, 17 December 2020. [2]

Risk Management 130

Risk Management Waste Reduction Supply Chain Planning Software Cost Reduction Strategies 130

NC State SCRC

MAY 30, 2022

The increasing difficulties in obtaining material supplies for nearly all material classes and services emerged in the latter part of 2021 and has continued well into 2022. In addition, rampant inflation exceeding 7% has emerged in 2022, as a result of labor shortages, increased transportation costs, and surging commodity prices.

Supply Chain Execution 98

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Logistics Viewpoints

SEPTEMBER 22, 2023

In past years, USPS has hiked its fees from roughly October to January during the annual surge, including increases in 2022, 2021, and 2020. Although port volumes increased in August, demand remains lower as shippers continue to face excess inventory levels. That’s all for this week.

Los Angeles 222

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Logility

JUNE 30, 2022

Roughly 25% of workers plan to change jobs in 2022. million in 2020, could have a worker shortage of up to 24.5 This results in delays that cause material or inventory shortages that affect both manufacturers and retailers Fulfillment centers that are short of workers can’t keep pace with order fulfillment volumes fueled by eCommerce.

Supply Chain Planning Software 173

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Planning 173

Unleashed

OCTOBER 27, 2020

For medical device manufacturers connected to the Covid-19 pandemic response, 2020 has been a year of growth. decline in US market size expected for 2020, according to IbisWorld data. This was reviewed in 2020 and has been adopted by many countries globally. Whether 2021 will see a return to previous growth trends (2.7%

Manufacturing Procurement 105

Manufacturing Procurement Supply Chain Design Software Manufacturing Inventory Management Software 105

ToolsGroup

OCTOBER 25, 2022

Today the stakes are even higher , with the ever-present ghost of disruption rattling supply chains around the world. Read on to learn about: Seasonal Inventory and Its Application Across Industries. Benefits of Effective Seasonal Inventory Management. Expectations for the 2022 Holiday Season and Beyond.

Inventory Reduction 156

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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.

Supply Chain Planning Software 52

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

Unleashed

AUGUST 3, 2021

The growth in pet ownership in 2020-2021 has seen unprecedented demand in the pet food sector – a true industry boom. data, which also presented a challenge to some pet food?manufacturers, in 2020, and foster?organisations?found between March and December 2020.? premium, nutrient-rich?dog?food.?? pet industry sales?exceeded

Manufacturing Procurement 98

Manufacturing Procurement Food Inventory Management Software Manufacturing 98

Turvo

NOVEMBER 16, 2021

Although the US economy is getting back on its feet, the supply chain industry continues to grapple with disruptions, some of which have been hampering operations since early 2020. These businesses and other stores that won’t be able to secure enough inventory to stay afloat run the risk of shutting shops. .

Freight 85

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Taulia

MARCH 15, 2023

While none of these territories have been able to escape the present global economic adversity fully, the UK appeared a striking outlier in terms of the scale and severity of the challenges inflation poses to its business community. Russia’s invasion of Ukraine compounded this difficult situation in early 2022. in November 2022 3.

Ukraine 52

Ukraine Material Savings Germany Price Reduction 52

ToolsGroup

OCTOBER 10, 2022

Like most industries, manufacturers around the world are feeling the pinch of inventory disruption brought on by shortages and other supply chain challenges. Depending on what report you read, manufacturers are either stockpiling inventory to meet service levels or scrambling to stock up on inventory and often miss the mark due to shortages.

Inventory Reduction 156

Inventory Reduction Cost Reduction Strategies Sourcing Strategies Material Savings 156

Logility

JUNE 8, 2021

million for the twelve months ended April 30, 2020. million when compared to April 30, 2020, and no debt as of April 30, 2021. Our pipeline remains robust as we enter our fiscal year 2022 as the current spotlight on supply chain disruption continues to fuel interest in supply chain transformation initiatives.”.

Supply Chain Planning Software 130

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Supply Chain Matters

MARCH 10, 2022

The years of 2020 and 2021 presented unprecedented pandemic and other related challenges to industry and global supply chains. Some topics were prevalent in 2020, some became more pertinent and meaningful in 2021, while others are ongoing, and some have since refined. as well as select opportunities. Number Fourteen. Number Six.

Supply Chain Planning Software 52

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Supply Chain Matters

MARCH 2, 2023

The report noted that in the last two months, PMI levels have been at their lowest levels since May 2020. 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 February 2023 Manufacturing ISM® Report on Business® recorded a value of 47.7

Manufacturing Procurement 52

Manufacturing Procurement Global Manufacturing Optimal Sourcing 52

Zipline Logistics

MARCH 30, 2021

Despite a global pandemic, many in the consumer goods industry posted a strong 2020 driven by increased demand for their products as consumers redirected spending away from experiences to CPG. The Consumer Brands Association (CBA) released a study citing that they expect CPG purchases to decelerate between 1-2% in 2021 compared to 2020.

Freight 52

Freight Manufacturing Procurement Los Angeles Purchasing Skills 52

Enterra Insights

SEPTEMBER 26, 2022

While this presents many challenges, it also presents many opportunities for marketers to unlock more intelligent contextual targeting tactics. … Contextual targeting is a way to target relevant audiences using keywords and topics derived from the content around ad inventory, that doesn’t require a cookie or another identifier.”[3]

Demand Planning Software 130

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Supply Chain Matters

JUNE 5, 2023

That could signal even more added inventory exposures. The report noted that the May value represented “ the seventh month of contraction and a continuation of a downward trend that began in June 2022.” The latest Manufacturing ISM Report on Business® reported a PMI value of 46.9 for May, 0.2 percentage points below the 47.1

Manufacturing Procurement 52

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CH Robinson Transportfolio

SEPTEMBER 28, 2021

Robinson Director of Research and Market Intelligence: The truck driver shortage is top of mind for many as supply chain disruptions continue, port backlogs persist, and the gap between inventory supply and sales demand widens. The answer is not simple and involves research and analysis across a number of factors.

Michigan 82

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Vinculum

SEPTEMBER 29, 2021

While e-commerce was a rage in the market before the onset of the pandemic, it witnessed a favorable yet unexpected growth since 2020. According to Global-e , a cross-border e-commerce enabler, cross-border e-commerce sales increased by 21 percent in 2020 over 2019.

Price Reduction 52

Price Reduction Cost Reduction Strategies Purchasing Skills Inventory Reduction 52