Remove 2020 Remove 2024 Remove Inventory Remove Shipping
article thumbnail

Key Trends and Themes for Supply Chain and Logistics in 2024

SCMDOJO

In 2024, the logistics and supply chain industry will continue its transformative journey, driven by technological advancements and growing consumer expectations. Let’s see the most common trends in 2024. As a result, it can help logistics companies to optimize inventory levels, reduce waste, and minimize the dreaded stockouts.

article thumbnail

Will 2024 be the Year of Automation and AI in the Supply Chain?

Enterra Insights

With [their] ability to help with inventory forecasting, improve shipping times, and tracking, it’s easy to see why [autonomous systems are] talked about in a positive light around the area of logistics.” 3] Kathleen Walch, “ The Autonomous Systems Pattern Of AI ,” Forbes, 30 May 2020. [4]

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Red Sea Ocean Transport Shipping Disruption Update

Supply Chain Matters

The Supply Chain Matters blog provides our readers with a further update on the ongoing Red Sea shipping disruption including added context and implications. Background Just before the Christmas 2023 holiday, Supply Chain Matters alerted our readers to rather troubling signs for another global-wide shipping disruption. East Coast.

article thumbnail

Seasonal Inventory and 7 Ways to Manage It Effectively

ToolsGroup

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.

article thumbnail

Inventory Control in Manufacturing: 7 Strategies to Maximize Service Levels and Profit Amid Disruption

ToolsGroup

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.

article thumbnail

This Week in Logistics News (November 4 – 10)

Logistics Viewpoints

The model factors in shipping variables such as weather patterns and traffic conditions. “We The company plans to resume opening new Fresh stores in 2024, after a pause of more than a year. billion, but it remained near a three-year low and was on track to post the smallest increase since 2020. billion as U.S. Imports rose 2.7

article thumbnail

This Week in Logistics News (April 23 – 29)

Logistics Viewpoints

Amazon announces new changes to inventory limits. It includes free shipping of online purchases, free grocery deliveries to the home for orders of at least $35, prescription discounts and other benefits. Existing inventory that fits the qualification for the extra-large storage type will automatically be reclassified as extra-large.