Supply Chain Matters

APRIL 7, 2023

freight rates have reached their lowest levels in nearly six years. In essence, it is confirmation of a freight recession condition. That is not good for retailers and manufacturers, each under the looking glass to reduce not only transportation but also inventory carrying costs. All rights reserved. The post U.S.

Freight 52

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Logistics Viewpoints

MAY 25, 2021

The global supply chain is routinely beset by challenges, both large and small, but the past couple of years have delivered a string of significant logistics disruptions that have threatened to upend the tightly choreographed dance of global freight transportation. That’s starting to change. More and more large U.S. In the U.S.,

Supply Chain Planning Software 321

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Freightos

JUNE 15, 2021

Disclaimer: This article is a zoom out for the less freight-inclined. If you have a deeper understanding of freight, you might want to check out our Freightos Baltic Index daily container index instead. Let’s talk freight. . And it’s not just ocean freight. More freight costs, higher consumer costs.

Global 396

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The Logistics & Supply Chain Management Society

SEPTEMBER 25, 2020

While leadership and supply chain teams around the world are fighting against the impact of Covid-19, trade and technology 2020, prevented rate increases in certain lists and reduced some tariffs, but since the driven tensions between Beijing and Washington, never went away. LogiSYM Supply Chain Magazine – September 2020.

Supply Chain Software 100

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Stord

NOVEMBER 30, 2022

ATLANTA, June 12, 2020 -- Today, we are incredibly excited to announce that Stord has acquired Cove Logistics—a leading transportation provider—to further expand our distribution platform to include freight, strengthen our network of logistics capabilities, and better serve our customers.

Network Design Software 60

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Freightos

OCTOBER 31, 2022

Since early 2020, global trade has been buffeted by waves of increased customer demand, supply chain challenges, and constant uncertainty and volatility. Since early 2020, the supply chain ramifications of COVID have been a rollercoaster for businesses of all shapes and sizes. But then global freight kicked in. .

Supply Chain Planning Software 156

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GlobalTranz

NOVEMBER 17, 2021

This is not the usual peak season, and it started much earlier than in 2020. Higher freight volumes. Stronger freight volumes are expected as pent-up demand from consumers, retailers, and manufacturers reaches an apex. Shrinking capacity from higher freight volumes results in higher rates throughout peak season and beyond.

Shipping 232

Shipping Cost Reduction Strategies Industrial Industry 232

GlobalTranz

JULY 17, 2020

The leading inbound freight trends for 2020 reveal a stronger push to improve inbound logistics efficiency and lower barriers to inventory management stress. Shippers that take time to understand these trends can position their organizations for success. So, lets get into it!

Video 156

Video Freight Trends Inventory Management 156

GlobalTranz

SEPTEMBER 23, 2020

[link] Let’s Talk – 2020 Peak Season Every summer and early fall, shippers and carriers around the globe begin to prepare for the peak shopping and shipping seasons. Shippers and carriers would rely on freight forecasting capabilities and demand sensing to better manage inventory and increase resource availability.read More.

Video 177

Video Freight Forecasting Supply and Demand 177

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

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Zipline Logistics

JUNE 29, 2021

The freight market has been on the receiving end of several systemic shocks that continue to affect industry providers and shippers alike. And when you add in the current labor and commodity shortages along with an inflationary environment, it is apparent why freight rates have been steadily climbing.

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GlobalTranz

FEBRUARY 24, 2021

Supply chain leaders have faced significant challenges in the past, and in 2020, the coronavirus pandemic spotlighted the need for supply chain resilience and integration. Of course, more data amounts to increased visibility and, therefore, actionability to prevent disruptions from contributing to higher freight spend.

Resource Reduction 276

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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. During the holiday shopping season, sky-high ocean freight rates are major contributors that will strain the industry and shoppers alike.

Freight 85

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Logistics Viewpoints

FEBRUARY 26, 2024

Prior to 2020, they were paying around ten cents a mask. During 2020, Cooper was paying up to a $1.50 2020 it was just a scramble for PPE,” Dr. Runkle explained. “We If they were dependent, did they have East Coast distribution centers where they could preplace inventory before the strike occurred.

Supply Chain Planning Software 248

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Logistics Bureau

MAY 24, 2021

Among the universal challenges that the COVID-19 pandemic has imposed upon the supply chain management profession is the question of inventory, specifically, “how much is enough?”. It wasn’t long ago that businesses were asking, “By how much can I reduce my levels of inventory?”. Let’s Start with Safety Stock.

Inventory Reduction 98

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GlobalTranz

SEPTEMBER 23, 2021

High freight volumes across all industries in the trucking market are expected to continue into 2022.? The added strain on resources is on track to force high freight volumes to continue well into the next year. on-highway diesel fuel prices are up $0.898 from the end of August 2020. Carrier Vetting for OTR Freight.

Prescriptive Analytics Software 308

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Veridian Solutions

MARCH 16, 2020

To ensure your organization applies data correctly and generates meaningful KPIs , supply chain leaders must know the challenges of data tracking, how it improves operational excellence, and the primary types of data to track in 2020. Challenges in Tracking Supply Chain Data in 2020. Supply Chain Data to Track Through 2020.

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Logistics Viewpoints

AUGUST 19, 2022

billion in inventory that “if we could just wave a magic wand, we’d make it go away today,” said chief financial officer John David Rainey. Walmart estimates that inventory is still 15 percent above optimal levels. Clearing the inventory will still take a couple of quarters. percent higher than in 2020), and driver wages (10.8

Logistics Network Optimization Software 198

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Zipline Logistics

MARCH 30, 2021

Following an unprecedented downturn, the freight market has posted an almost full calendar year of impressive growth spurred by demand from a few sectors of the domestic economy. The second half of the past quarter was highly atypical and posted freight volumes that vastly exceeded those generally seen during peak season.

Freight 52

Freight Manufacturing Procurement Los Angeles Purchasing Skills 52

Zipline Logistics

OCTOBER 5, 2021

According to a Logistics Management survey of industry professionals, “there is a strong sentiment that the 2021 Peak Season will be more active than it was a year ago, with 79% of respondents indicating that will be the case, with 16% contending it will be similar to 2020, and 5% expecting it to be less active.”. Supply Side Constraints.

Freight 52

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Resilinc

NOVEMBER 2, 2021

In the race to fill distribution centers and store shelves with inventory for the holidays, some of the world’s largest retailers and ecommerce sellers are jumping ahead of smaller competitors by chartering ships, shifting freight to air, re-rerouting inland shipments, and hiring more staff for distribution centers and other supply chain nodes.

Inventory Reduction 62

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Supply Chain Matters

OCTOBER 12, 2022

contraction threshold which is noted as the first time this has occurred since the depths of the global pandemic in 2020. Indicated in the report summary was: “ The sustained growth in the logistics industry continues to be fueled by high levels of inventory and the associated levels of cost and utilization associated with holding them.

Inventory Reduction 59

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ToolsGroup

FEBRUARY 4, 2020

When demand changes faster than a company’s ability to respond, you can end up with the wrong SKU mix and locations, frequent internal inventory transfers and expedites with high freight costs. Excess and obsolete inventory. We’re projecting a 60% reduction in inventory across SKUs when the full rollout is complete.

Supply Chain Planning Software 232

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GlobalTranz

APRIL 6, 2021

If your company’s supply chain survived 2020 and the disruptions of early 2021, it’s safe to say it has passed the resiliency test. 2020 Was A Year Of Supply Chain Disruption. In 2020 companies across virtually every industry faced supply chain disruption due to COVID-19. What do we mean by that? Overall, U.S.

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GlobalTranz

AUGUST 17, 2020

Shippers and carriers would rely on freight forecasting capabilities and demand sensing to better manage inventory and increase resource availability. The post Why Peak Season 2020 Is a Novel Opportunity appeared first on Transportation Management Company | Cerasis. In the past, the approach was simple.

Forecasting 250

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Zipline Logistics

JANUARY 4, 2022

For the second consecutive four-quarter period, the freight market faced continual capacity challenges as the global supply chain wrestled with the effects of the COVID-19 outbreak. Will these forces continue to play a part in the freight market in the coming year? Consumption Drives Freight Market Growth. percent in November.”

Freight 52

Freight Purchasing Skills Procurement Analytics Agile and Lean Supply Chain 52

MIT Supply Chain

MARCH 8, 2021

Why the Truck Market’s Sharp Turn Caught the Freight Industry by Surprise The MIT FreightLab’s latest industry roundtable explored the drivers behind today’s extremely tight market for truck capacity and the broader implications for supply chains. However, in U.S. No one knows when supply and demand will be back in balance,” he said.

Freight 52

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Logistics Viewpoints

OCTOBER 6, 2021

In the Spring of 2020, there were massive shortages of cleaning and disposable products such as sanitary wipes, Purell, and toilet paper. The economy is picking up after the severe contraction in labor, productivity, and inventory that occurred during the height of the pandemic. Inventory, Efficiency, and the Extended Supply Chain.

Supply Chain Disruption 213

Supply Chain Disruption Agile and Lean Supply Chain Supply and Demand Supply Chain 213

Arkieva

AUGUST 8, 2016

A new study by the SupplyChainDigest analyzing the main components of working capital: Days Sales Outstanding (DSO), Days Inventory Outstanding (DIO), and Days Payables Outstanding (DPO) revealed an uptick in DIO. Sustainable Freight Action Plan for California is estimated to Improve Freight Efficiency by 25% in 2030.

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Logistics Viewpoints

NOVEMBER 4, 2022

The improvement is expected to be temporary, given that an aging workforce and freight demand are both projected to grow. After racking up numerous quarters of record financial performances, truckload carriers are acknowledging the historic strength of the recent freight cycle has finally petered out. The LMI registered 57.5,

Logistics Network Optimization Software 198

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Freight Plus

FEBRUARY 27, 2020

An update on how things are developing with IMO 2020/VLSFO. . In today’s state, that transparency does not exist (or rarely exists), and it makes it very difficult for Transportation Operators to budget costs for 2020. What we have seen, however, is a “normalization” of costs associated with VLSFO. About the author: ?. ?Chris

Price Reduction 52

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Freight Plus

FEBRUARY 27, 2020

An update on how things are developing with IMO 2020/VLSFO. . In today’s state, that transparency does not exist (or rarely exists), and it makes it very difficult for Transportation Operators to budget costs for 2020. What we have seen, however, is a “normalization” of costs associated with VLSFO. About the author: ?. ?Chris

Price Reduction 52

Price Reduction Research Houston California 52

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. .

Inventory Management Software 52

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The Logistics & Supply Chain Management Society

MARCH 16, 2021

Without a doubt 2020 will be etched in our memories as the year of multiple disasters, with the Covid-19 pandemic, trade issues between the US and China, wildfires in Australia, social unrest in Hong Kong, drastic declines in oil prices, turbulent financial markets and other politically dominated issues in emerging markets.

Pharmaceutical 246

Pharmaceutical Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Software 246

Logistics Viewpoints

AUGUST 12, 2022

Including Bomi, UPS Healthcare has doubled its global footprint since 2020. The deal is expected to allow 7-Eleven to compete more directly with third-party delivery services, even as 7-Eleven became Instacart’s first c-store partner in 2020 and added Uber Eats and Grubhub to its delivery roster in 2020. billion business.

Logistics Network Optimization Software 227

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Logistics Viewpoints

JUNE 26, 2023

Mars Wrigley chose Transplace, now UBER Freight, for North America and a partnership with Maersk/E2Open for ocean freight. The Journey Begins Mars Wrigley began working with Aera in 2020 in the US. The algorithms generate recommendations on optimal ways to rebalance inventory based on cost and service level impacts.

Supply Chain Planning Software 207

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Planning 207

Parade

MARCH 3, 2021

In this article, we explore Invoice Reconciliation tools as a core piece of every digital 3PL/freight brokerage’s operations. This post is part of a , series of posts that aims to shed light on the many new and innovative freight tech solutions that empower freight brokers to transform digitally.

Supply Chain Software 148

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