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.

Supply Chain Strategy 59

Supply Chain Strategy Data Supply Chain Software Inventory Reduction 59

ivalua

MARCH 16, 2021

Sajid Kunnummal, Vice President and CPO at Navistar, was interviewed in late 2020 by Philip Ideson from Art of Procurement. When the crisis hit, Procurement as a function was suddenly in the hot seat, and it became the driving force for business continuity. Why is visibility so important?

Manufacturing Procurement 130

Manufacturing Procurement Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Software 130

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

Inventory Reduction Cost Reduction Strategies Warehousing Price Reduction 59

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

Supply Chain Software Resource Reduction Waste Reduction Cost Reduction Strategies 148

The Logistics of Logistics

JUNE 23, 2022

In addition, retailers are struggling to move inventory initially ordered in the first quarter of 2022 to make way for back-to-school and holiday merchandise. Above-average holiday shipping seasons in 2020 and 2021 led to an above-average returns rate in the usual Quiet Season. Bottlenecks from future COVID-19 variants are possible.

Supply Chain Planning Software 237

Supply Chain Planning Software Supply Chain Planning Scenario Planning Retail 237

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

Freight Supply Chain Planning Software Industrial Industry 52

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

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

Freightos

NOVEMBER 11, 2021

More on Maersk’s transition to an end-to-end provider can be found in this 2020 report. Late 2021 saw Maersk continue to shift towards vertical integrations, with acquisition of Senator, a German freight forwarder for $644 million dollars. While Facebook is looking at virtual reality, Alibaba and Amazon are looking more at freight.

Price Reduction 177

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

Supply Chain Matters

DECEMBER 28, 2023

They provide capabilities to coordinate supply chain procurement, planning, fulfillment, or other network wide decision-making capabilities among various supply networks and order fulfillment segments. The ultimate costs in warehousing, inventory carrying costs and other dimensions are still being assessed.

Supply Chain Planning Software 59

Supply Chain Planning Software Supply Chain Network Software Supply Chain Design Software Supply Chain Software 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. .

Inventory Management Software 52

Inventory Management Software Agile and Lean Supply Chain Inventory Management Inventory Reduction 52

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 78

Supply Chain Software Resource Reduction Waste Reduction Cost Reduction Strategies 78

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 78

Supply Chain Software Resource Reduction Waste Reduction Cost Reduction Strategies 78

Intelligent Audit

DECEMBER 12, 2022

For the 12 months ending March 2020 (the beginning of the pandemic), CPI was 1.5%, and PPI’s final demand index was 0.7%. As shippers drew down existing inventories, replenishment became necessary to quickly satisfy consumers’ spending habits. Toward the second half of 2020, demand for imports began to grow.

Cost Reduction Strategies 52

Cost Reduction Strategies Price Reduction Inventory Reduction Negotiating Skills 52

CH Robinson Transportfolio

JANUARY 14, 2021

The year 2020 was a year unlike any other, and supply chains were more front and center than ever before. You start paying more immediately for backup carriers, or worse, pay much more if you go to the spot market to procure trucks. Reduce inventory. Reduce inventory levels with a demand-powered supply chain.

Supply and Demand 47

Supply and Demand Supply Chain Planning Software Optimal Sourcing Demand Planning Software 47

ivalua

MARCH 31, 2020

And even if an order from an overseas supplier were to be filled, delivery issues would be compounded by the declining number of air and ocean freight options to move products into the U.S. And the severity of those impacts was only projected to grow beyond the first quarter of 2020.

Supply Chain Design Software 130

Supply Chain Design Software Agile and Lean Supply Chain Manufacturing Procurement Supply Chain Software 130

Intelligent Audit

JULY 5, 2022

While focusing on revenue quality and minimizing operational costs, an article by Supply Chain Dive noted that the parcel giant may even allow further collaboration between FedEx Express and FedEx Ground which have been historically separate until 2020. Massive Inventory Levels Are Crashing Against Signs of an Economic Recession.

Quality 52

Quality Supply Chain Planning Software Procurement Solutions Procurement Analytics 52

Logistics Viewpoints

FEBRUARY 8, 2022

If 2020 and if 2021 proved anything, it’s that the omni-channel selling environment is here to stay. But, as we know, supply chain conditions were far from perfect in 2020 and 2021. As just one example, Nike’s online sales grew by 75% in 2020 — but its profit margins fell from 45.5% While driving a projected $14.1

Logistics Network Optimization Software 187

Logistics Network Optimization Software Optimal Sourcing Supply Chain Planning Software Modeling 187

Freight Plus

SEPTEMBER 8, 2020

Norwell, MA – September 2020. Aborn & Company, the freight management solution, announced today that Chris Peckham has been named as Vice President of Operations for the company. Chris was Director of Supply Chain at SharkNinja where he was responsible for procurement, inventory management, and new product development.

Negotiating Skills 52

Negotiating Skills Modeling Logistics Network Optimization Software Modeling Software 52

Freight Plus

SEPTEMBER 8, 2020

Norwell, MA – September 2020. Aborn & Company, the freight management solution, announced today that Chris Peckham has been named as Vice President of Operations for the company. Chris was Director of Supply Chain at SharkNinja where he was responsible for procurement, inventory management, and new product development.

Negotiating Skills 52

Negotiating Skills Modeling Logistics Network Optimization Software Modeling Software 52

The Logistics & Supply Chain Management Society

JULY 13, 2021

Need for digitization and digital transformation had the mandate and the “BUY IN” long before the pandemic hit us in early 2020 and many organizations were already on this path of transformation. According to IDC’s 2020 Supply Chain Survey – 72.8% According to IDC’s 2020 Supply Chain Survey – 72.8%

Supply Chain Software 130

Supply Chain Software Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software 130

6 River Systems

NOVEMBER 1, 2022

Retailers must be flexible in order to handle consumer’s evolving shopping behaviors changing trade policies, inventory shortages, supply and demand disruptions and unpredictable delays in last mile deliveries. For example, Crocs’ ecommerce volume grew substantially in 2020. Investing in inventory and warehouse management solutions.

Cost Reduction Strategies 52

Cost Reduction Strategies Inventory Reduction Resource Reduction Optimal Sourcing 52

Supply Chain Matters

JUNE 7, 2023

Noted was a late May decline, largely driven by a more pronounced shift in inventories in the second half of May, reflecting a higher rate of expansion in the first half. Further, the report indicates that many consumer goods firms reportedly achieved the inventory wind down they strove for throughout 2022.

Negotiating Skills 52

Negotiating Skills Logistics Network Optimization Software Logistics Material Savings 52

Supply Chain Matters

JULY 15, 2022

For Peloton , the market timing was impeccable during the heights of Covid-19 population lockdowns that occurred in 2020 and in the notions of more workers confined to work from home offices. The company was eventually forced to transport its bikes and equipment by more expensive air freight to avoid congested U.S.

Sourcing Strategies 105

Sourcing Strategies Cost Reduction Strategies Expense Reduction Inventory Reduction 105

Elementum

JUNE 30, 2022

The economy is careening toward Stagflation While countries all over the world responded to the pandemic in March 2020, companies quickly began to see the cost to produce goods go up. Over the last 2 years, Supply Chain teams have been struggling to procure and manufacture enough inventory. Who is moving around in the industry?

Procurement Analytics 78

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

CH Robinson Transportfolio

NOVEMBER 19, 2020

Flatbed shipping is an important contributor to the overall economy as several key industries leverage this solution for the movement of their critical freight. However, flatbed freight can be an often-overlooked element to the success of key industries , including: Energy – Oil, gas, and power generation (e.g.,

Optimal Sourcing 44

Optimal Sourcing Material Savings Shipping Price Reduction 44

Supply Chain Matters

OCTOBER 25, 2022

It is becoming clearer that supply chain procurement and logistics teams elected to route import shipments thru either U.S. Import volume for Los Angeles and Long Beach ports reportedly declined 18 percent in September, the lowest level since September 2020. West Coast port operators. Gulf or East Coast ports of entry.

Ukraine 52

Ukraine Supply Chain Planning Manufacturing Procurement Los Angeles 52

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

Michigan Supply Chain Planning Software Supply Chain Design Software Demand Planning Software 82

Supply Chain Matters

MAY 3, 2022

in March, and the lowest level recorded since August 2020. That level of activity is equated to that of February 2020, at the start of the global wide Covid-19 spread that originated from China. For the first time since 2020, survey data related to Germany indicated that new orders and output slipped into contraction values.

Manufacturing Procurement 52

Manufacturing Procurement China Purchasing Skills Supply Chain Planning 52

Supply Chain Matters

APRIL 4, 2023

However, we discern some added signs excess inventories and of production sourcing shifts. The separate S&P Global PMI® Commodity Price and Supply Indicators index noted that the Global Supply Shortages Index dipped to a 30-month low while The Global Price Pressures Index dropped further in March and at the slowest pace since June 2020.

Manufacturing Procurement 52

Manufacturing Procurement Manufacturing Global Purchasing Skills 52

Freight Plus

OCTOBER 25, 2019

It’s indicative of a soft freight market, a drop in industrial production, and lower world oil prices. This, along with many other leading indicators (transportation data, inverted yield curves, lower GDP) still make the possibility of a recession in 2020 a real possibility. Chris: I agree that they are staying very disciplined.

Negotiating Skills 40

Negotiating Skills Purchasing Skills Eliminating Excel in Purchasing Manufacturing Procurement 40

Supply Chain Matters

JUNE 21, 2022

Last year’s annual report reflecting on 2020 business logistics costs indicated a level of 7.4 As inventory-to-sales ratios dropped to near record lows, inter-modal logistics networks were forced to try to manage and synchronize essentially just-in-time material movements which were out of sync in many important dimensions.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Procurement Analytics Report Inventory Reduction 52

BlueYonder

FEBRUARY 17, 2022

These three decades between 1990 and 2020 were influenced primarily by several key factors. Impact: This is resulting in procurement teams scrambling to find new supply sources, while engineers are looking for substitutions alternatives, and other company leaders are figuring out how to bring more in-house for a vertical integrated approach.

Supply Chain Planning Software 70

Supply Chain Planning Software Supply Chain Software Predictive Analytics Software Analytics Software 70

Logistics Bureau

NOVEMBER 16, 2020

That event was the global COVID-19 pandemic, which erupted during the first half of 2020. It touches many departments, from production, procurement, shipping, accounting, and finance to marketing, warehousing, research and development, and sales. They also need to keep a check on inventory levels and identify obsolete stock.

Supply Chain Planning Software 96

Supply Chain Planning Software Supply Chain Design Software Negotiating Skills Buyer Training 96

Jaggaer

APRIL 14, 2020

Define your procurement response strategy. Yet with the autobahns, motorways and highways largely free of traffic apart from freight, goods are generally getting through and we are yet to see long-term shortages of food and other essential items. JAGGAER (@JaggaerPro) April 9, 2020. Georgi Gotev (@GeorgiGotev) March 26, 2020.

Supply Chain Disruption 52

Supply Chain Disruption Europe Cost Reduction Strategies Material Savings 52

Supply Chain Matters

AUGUST 11, 2022

This index closed the year 2021 at a value of $9,304 per TEU , reflecting a 113 percent year-over-year increase from that of 2020. Now there is growing belief that with consumer demand for products turning, and with retailers and business with high inventory levels, the peak second-half shipping period may be lower than prior years.

Predictive Analytics Software 52

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

Supply Chain Matters

AUGUST 4, 2022

Regarding ocean container freight rates, spot rates are noted as dropping across the board on both Asia-Europe and Asia-US The implication is that if spot rates drop way below contract rates, shippers will likely seek to renegotiate contract rates recently consummated earlier this year. and Europe.

Supply Chain Planning Software 52

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