ShipBob

AUGUST 23, 2023

Inventory is an important asset. And since ecommerce businesses deal with different types of inventory on a daily basis, it’s important that you understand all of them well. In this article, we demystify the main types of inventory, as well as ecommerce-specific inventory.

Inventory Management Software 52

Inventory Management Software Modeling Software Optimization Software Predictive Analytics Software 52

Supply Chain Shaman

DECEMBER 30, 2021

Global shipping is national news with most stories covering the symptoms. Returning containers is an ongoing issue resulting in some manufacturers investigating a return to break-bulk shipping (container free). The price of an ocean shipment increased 9-10X from 2020-2021. So, I write this blog with this bias.

Supply Chain Design Software 195

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 195

The Logistics & Supply Chain Management Society

JANUARY 3, 2024

Concurrent macro forces–material shortages, war, shifts in consumer buying patterns, logistics constraints, inflation/recession, and climate change– are reshaping today’s reality necessitating the need for a supply chain reset button. in 2020 to 25.6 % in 2021, reaching a market size of $553 billion. increase in 2010, eleven years ago.

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

As Allyson presented her story of working for multiple consumer products companies, with very advanced technologies (demand sensing, advanced automation of forecasting, data lakes and descriptive analytics), she spoke of why at the end of the day, the most important technology that she uses is Excel. Spring 2020-February 2021.

Optimal Sourcing 219

Optimal Sourcing Analytics Software Procurement Analytics Supply Chain Planning Software 219

The Logistics & Supply Chain Management Society

AUGUST 14, 2023

Inspired by McKinsey’s 2020 consultancy report, which emphasizes transforming supply chains rather than temporary fixes, we believe a comprehensive approach to reskilling supply chain professionals is essential to meet future demands. Many traders and retailers faced inventory shortages due to delayed deliveries of goods.

Purchasing Skills 130

Purchasing Skills Buyer Training Asia Supply Chain Design Software 130

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. This increase in pet ownership—along with panic buying—has created a huge surge in demand for pet food. tended to buy their?pet purchase in bulk, hoarding quantities?of international shipping?problems,

Manufacturing Procurement 98

Manufacturing Procurement Food Inventory Management Software Manufacturing 98

Ware2Go

APRIL 8, 2023

Pick pack and ship services are an essential part of the ecommerce supply chain. What Is Pick Pack and Ship? Pick pack and ship fulfillment is the process of picking products off of warehouse shelves and packing them into boxes to be shipped.

Warehousing 52

Warehousing Optimal Sourcing Shipping Inventory Reduction 52

Supply Chain Shaman

JANUARY 31, 2022

A container from Shanghai to Long Beach was 56 days in 2020 and increased to 80 days in 2021. Source E2open Shipping Index). Today, only 4% of companies are the first to buy new technology—a 40% decline from post Y2K in 2001. In addition, Lucas used inventory as a slush fund to make quarterly earnings. Less Collaborative.

Procurement Analytics 219

Procurement Analytics Manufacturing Procurement Supply Chain Planning Software Sourcing Strategies 219

EazyStock

JUNE 11, 2020

With an ever-expanding market and continuous industry updates, HVAC distributors already have a lot to keep track of without trying to manually keep track of their inventory. Inventory Challenges for HVAC Industry. Complete Inventory Overview. HVAC distributors often have multiple sites where they keep inventory.

Procurement Solutions 52

Procurement Solutions Optimal Sourcing Inventory Management Software Optimization Software 52

Supply Chain Shaman

AUGUST 12, 2020

When Gartner purchased AMR Research in December 2009, the methodology became the Gartner Supply Chain Top 25. After six months of analysis, we decided the best fit was the combination of growth, inventory turns, operating margin, and Return on Invested Capital. Popular Beliefs on Supply Chain Excellence Do Not Align With Results. .

Gartner 239

Gartner Supply Chain Software Procurement Analytics Manufacturing Procurement 239

Supply Chain Shaman

FEBRUARY 7, 2022

A container from Shanghai to Long Beach was 56 days in 2020 and increased to 80 days in 2021. Source E2open Shipping Index). Today, only 4% of companies are the first to buy new technology—a 40% decline from post Y2K in 2001. In addition, Lucas used inventory as a slush fund to make quarterly earnings. Less Collaborative.

Procurement Analytics 195

Procurement Analytics Manufacturing Procurement Sourcing Strategies Optimal Sourcing 195

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

Logistics Bureau

DECEMBER 20, 2021

As we are often asked about KPIs for inventory management , that’s what we’re going to focus on in this particular post. You will also understand their notable benefits to the inventory management discipline. 10 Invaluable KPIs to Track Inventory Management Performance. 1: Inventory Turns. million)/2 = 6.76.

Inventory Reduction 76

Inventory Reduction Inventory Forecasting Cost Reduction Strategies 76

Logistics Viewpoints

SEPTEMBER 20, 2022

“May you live in interesting times,” widely attributed as a Chinese curse, some claim this as a blessing; whichever side you take, this is exactly what’s happening in the supply chain world since 2020, and it looks like we will be living with this blessing/curse for a while longer. Step 4 – Closing the Loop and Getting Real-time Visibility.

Supply Chain Planning Software 194

Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Planning Forecasting Software 194

Unleashed

OCTOBER 27, 2021

Global supply chain disruption, rapid technological evolution, changing buying and selling habits – wholesale distributors have had to deal with some rapid and radical changes over the past couple of years. Excelling in online selling and logistics may convince your customers that your service is still the most cost-effective and efficient.

Inventory Management Software 97

Inventory Management Software Forecasting Software Predictive Analytics Software Analytics Software 97

Requis

JULY 24, 2020

Since the coronavirus pandemic took hold earlier in 2020, supply chain has become a household word. You’re going to need to buy more machinery, etc., That’s where a lot of the money had been deployed up until March 2020. Almost perversely, supply chain is also the final frontier of tech-based efficiency optimization.

Supply Chain Planning Software 130

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

Enterra Insights

JANUARY 6, 2021

” In order to achieve that goal, companies need to move from Excel spreadsheets to cognitive technologies with embedded advanced analytics. ” In other words, digital transformation is not about buying technologies, it’s about using technologies the right way. ” Supply Chain Shaman, 19 July 2020. [2]

Supply Chain Design Software 190

Supply Chain Design Software Supply Chain Planning Software Sourcing Strategies Supply Chain Strategy 190

Stord

APRIL 4, 2022

Integrated Order Management and Inventory Planning “Proper demand planning beyond replenishment plans. 2020 sales plus 20%). This helps customers increase revenue opportunities, and reduce their risk on the cost of inventory. Some companies still are even using manual processes with Excel spreadsheets to track their inventory!

Supply Chain Planning Software 78

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

Supply Chain Shaman

JUNE 2, 2020

The Global Risk Report published in January 2020 highlights the issue. The risk management concern of business leaders in January 2020 was climate action failure. Global Risk Management Report Study of Risks Published in January 2020. Global Risk Management 2020 Report Summary of 640 Business Leaders. Let’s face it.

Supply Chain Design Software 258

Supply Chain Design Software Supply Chain Planning Software Supply and Demand Supply Chain Design 258

ShipBob

MARCH 30, 2020

Now more than ever — at a time when people are choosing online over in-store to adhere to social distancing practices — the communicated speed at which consumers will receive their orders can play a deciding role in whether they choose to buy from your online store or a competitor’s. What is ecommerce logistics? Warehousing and storage.

Logistics Network Optimization Software 90

Logistics Network Optimization Software Logistics Supply Chain Design Software Inventory Management Software 90

Freightos

NOVEMBER 11, 2021

More on Maersk’s transition to an end-to-end provider can be found in this 2020 report. On the horizontal carrier integration front, Maersk has doubled down on its extension from ocean consolidation (Hamburg Sud, 2017) to air cargo, increasing Maersk Air by 33% with three leased cargo planes and two new Boeing purchases.

Price Reduction 177

Price Reduction Logistics Network Optimization Software Cost Reduction Strategies Expense Reduction 177

ShipBob

DECEMBER 20, 2021

Think about your most recent purchase. This sequence of events involves many moving parts, including purchasing, packaging, shipping, and transporting materials to distributors to sell to the end customer. Inventory management. expecting same day delivery, two-day shipping, etc.) Warehousing and storage.

Logistics Network Optimization Software 97

Logistics Network Optimization Software Forecasting Software Supply Chain Planning Software Supply Chain Design Software 97

Vinculum

AUGUST 23, 2022

Or perhaps you already have a physical location but are having trouble keeping your inventory and orders in sync? The solution, then, is to link your order, inventory, and logistics to speed up inventory turnaround and coordinate your efforts. Additionally, the rise of shipping companies has given SMEs more influence.

United Arab Emirates 52

United Arab Emirates Optimization Software Inventory Management Software Logistics Network Optimization Software 52

Logility

APRIL 9, 2020

That is the amount of new data being created every day in 2020. Humans excel at solving problems that require common sense, generalization, creativity and dealing with ethical dilemmas, subjective actions and abstraction. Change purchasing and manufacturing plans days or weeks sooner. Divert inventory on the fly.

Supply Chain Planning Software 190

Supply Chain Planning Software Supply Chain Design Software Supply Chain Disruption Agile and Lean Supply Chain 190

Supply Chain Shaman

OCTOBER 2, 2020

The organization is not clear on accepting special requests and expedited shipping policies, often resulting in a lower margin. Dan, new to the job, failed to remove the shipping bolts from the back of the washer. Foundational to supply chain excellence is the reliability of delivery, quality, and service.

Customer Service 287

Customer Service Supply Chain Design Software Supply Chain Planning Software Supply Chain Design 287

The Logistics & Supply Chain Management Society

MARCH 16, 2021

In a survey by the Institute for Supply Management released March 10, 2020, almost 75% of companies reported supply disruption due to Covid-19. Inventory tracking enables flexible e-Commerce fulfillment models and allows for managing shocks caused by shop closures. Also, the academic sector showed significant headway in 2020.

Supply Chain Design Software 257

Supply Chain Design Software Supply Chain Software Supply Chain Network Software Modeling Software 257

SCMDOJO

APRIL 24, 2024

As a result, it can help logistics companies to optimize inventory levels, reduce waste, and minimize the dreaded stockouts. That enables them to optimize inventory levels, reduce costs, and deliver products to customers with lightning speed. And considering Amazon’s success, it’s safe to say the model works. billion by 2026.

Optimal Sourcing 57

Optimal Sourcing Agile and Lean Supply Chain Waste Reduction Material Savings 57

Talking Logistics

MARCH 3, 2017

Boston startup raises $10M for retail software that predicts inventory needs (Boston Business Journal). And as I wrote two years ago, the larger challenge facing the ports, especially in the United States, is the need to increase port productivity as larger ships replace smaller vessels. QuestaWeb Launches TradeGear Product Line.

Logistics Network Optimization Software 0

Logistics Network Optimization Software Supply Chain Planning Software Predictive Analytics Software Eliminating Excel in Purchasing 0

EMERGE App

APRIL 5, 2024

Yet, if you’re a wholesale distribution owner now, you have definitely endured the struggles through the market and the customer’s pressures, specifically after the black swan of COVID-19 in 2020-2021. A well-managed supply chain is essential for timely order fulfillment, inventory optimization, and minimizing disruptions.

Purchasing Skills 52

Purchasing Skills Negotiating Skills Price Reduction Sourcing Strategies 52

Vinculum

JULY 7, 2020

As people are making buying choices based on new and ever-changing global and local circumstances, the product categories that are being purchased are also changing. These are: Proactive health-minded buying (purchasing preventative health and wellness products). There are many options available to ship-from-store.

Supply Chain Planning Software 52

Supply Chain Planning Software Analytics Software Demand Planning Software Retail 52

Zipline Logistics

MAY 26, 2020

It appears that 2020 will be known as the year of supply chain disruption. Preparing Your Supply Chain for Hurricane Season 2020. Purchase Insurance. Purchasing insurance remains the most overt solution to prepping your business for natural disasters. Will panic buying happen, and your orders with customers match it?

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Strategy Inventory Reduction Supply Chain Software 52

Logistics Bureau

JANUARY 21, 2020

In this retrospective of the highs and lows of the year, learn which retailers excelled, and which ones looked like they might be struggling in the fiercely competitive online retail arena. Is One-Day Shipping a Step Too Far? The move to expedite Prime shipping has impacted Amazon’s profits , while introducing several cost challenges.

Inventory Reduction 52

Inventory Reduction Cost Reduction Strategies Expense Reduction Retail 52

Supply Chain Matters

JUNE 21, 2022

Last year’s annual report reflecting on 2020 business logistics costs indicated a level of 7.4 entities as opposed to foreign owned entities such as global shipping and logistics companies. E-commerce shipping volumes grew by 10 percent to $871 billion, representing 13 percent of U.S. For 2021, U.S. percent to $1.85

Logistics Network Optimization Software 52

Logistics Network Optimization Software Procurement Analytics Report Inventory Reduction 52

IQMS

FEBRUARY 12, 2021

Manufacturing CEOs say the acid test of business continuity today is to keep delivering the highest quality products they can on or before customer ship dates. Keeping customers’ trust by choosing to excel at product quality above all is one of the main factors that drive manufacturers to adopt MES systems.

Manufacturing 65

Manufacturing Real-time Visibility Supply Chain Planning Software Supply Chain Design Software 65

Unleashed

MAY 19, 2020

Knocked back just 7% in sales volumes during the height of 2020 lockdowns, according to Unleashed Software’s own data, the beer industry overall has shown remarkable resilience – for somewhat obvious reasons – and appears likely to continue its expansion. How many stock-outs, an event that caused inventory to be exhausted?

Supply Chain Planning Software 98

Supply Chain Planning Software Forecasting Software Inventory Management Software Demand Planning Software 98

NC State SCRC

MAY 1, 2020

An article written by my former PhD student, Rejaul Hasan, and I just came out this week in Contracting Excellence , the journal published by IACCM, which documents the catastrophe that is unfolding in Bangladesh, one of the world’s major exporters of garments for the apparel sector. The payment term was shifted with no prior notice.

Bangladesh 59

Bangladesh Apparel Supply Chain Planning Supply Chain 59

Supply Chain Game Changer

MAY 6, 2021

Others specialize in becoming an all-purpose intermediary or try to excel in a particular niche. Processes such as shipping, warehousing, purchasing, and selling can change very quickly. Direct marketing organizations cut out one level by buying from manufacturers and selling directly to consumers.

Distribution 98

Distribution Supply Chain Design Software Supply Chain Planning Software Modeling Software 98