ToolsGroup

FEBRUARY 7, 2022

As 2021’s holiday shopping statistics proved, pandemic or not, consumers are willing to spend. (My The Retail Trends Shaping How We Shop in 2022. When looking at global online sales, Salesforce reports 57% digital growth in 2020, and 16% growth in 2021, with eMarketer data predicting a continued increase through 2025.

Supply Chain Planning Software 177

Supply Chain Planning Software Trends Retail Forecasting Software 177

Logistics Viewpoints

JANUARY 12, 2024

Amazon shipped last-minute Christmas gifts faster in 2023 than in 2022, according to data from analyst firm Momentum Commerce. percent versus in 2022, where 17.6 products on the platform warned it would ship after Christmas. percent versus in 2022, where 17.6 And now on to this week’s logistics news.

Logistics Network Optimization Software 257

Logistics Network Optimization Software Price Reduction Inventory Reduction Resource Reduction 257

Enterra Insights

JUNE 22, 2022

The irony of excess inventory. ”[3] He continues, “The past two years have been blighted by supply shortages — with just-in-time retailers struggling to ship their goods, electronics manufacturers staring down a shortage of computer chips, and supermarkets struggling to fill their shelves. ” Optimizing inventory.

Inventory Reduction 130

Inventory Reduction Inventory Prescriptive Analytics Software Inventory Management Software 130

GlobalTranz

SEPTEMBER 23, 2021

The state of the trucking market in 2021 is uncertain, filled with risk, and continues to evolve, making logistics management challenging.? through 2021, but total retail sales will grow 7.9%. High freight volumes across all industries in the trucking market are expected to continue into 2022.? That’s an astonishing $933.30

Prescriptive Analytics Software 308

Prescriptive Analytics Software Optimal Sourcing Pricing Training Negotiating Skills 308

ToolsGroup

JANUARY 25, 2022

In a bold move which bore resemblance to the fighting spirit of the retail industry as a whole these past two years, the National Retail Federation (NRF) Big Show 2022 went ahead as planned in New York City despite rising COVID cases and reduced attendance. Here’s a look at four mega- themes from NRF 2022 sessions. Washington Post ).

Waste Reduction 294

Waste Reduction Vendor Strategies Price Reduction Inventory Reduction 294

Enterra Insights

JANUARY 21, 2022

Before starting such planning, however, they would do well to reflect on how things changed during the 2021 holiday shopping season. ” As I understand his statement, he is applauding retailers’ selling efforts in the midst of a pandemic, inventory shortages, and rising inflation. 2021 Holiday Retail Trends.

Price Reduction 130

Price Reduction Inventory Reduction Expense Reduction Cost Reduction Strategies 130

Enterra Insights

JANUARY 5, 2022

Seldom, if ever, has the global supply chain received so much attention as it did in 2021. He explains, “In 2022, it’s going to be important that supply chain technology companies can really provide solutions that enhance connectivity and visibility.”[1] For example, the price to ship a container skyrocketed.

Supply Chain Software 100

Supply Chain Software Supply Chain Planning Software Trends Agile and Lean Supply Chain 100

Freightos

JANUARY 15, 2024

This is a significant shift from late 2021, when 93% faced serious disruptions. This ensured that today’s partial blockage of the Suez Canal, while disruptive, is still far less impactful than its far more meme-worthy 2021 relative in which the Evergiven blocked the canal.

Negotiating Skills 289

Negotiating Skills Optimal Sourcing Price Reduction Vendor Strategies 289

Freightos

DECEMBER 20, 2022

More than 80% of goods – by volume – are moved by ocean freight globally, so shipping costs directly impact the price level of imported goods. Between May and September of 2021 alone rates tripled. The Inflation Ramifications of from record high freight rates – October 2021. Sources: U.S.

Purchasing Skills 156

Purchasing Skills Analysis Cost Reduction Strategies Freight 156

Logistics Viewpoints

MAY 26, 2023

Target’s inventories at the end of the last quarter were 16 percent lower than the same period a year ago and Walmart cut inventories in its U.S. Inventories at U.S. Last month, the company released its third annual “Brand Protection Report” and said it disposed of over 6 million counterfeit goods in 2022.

Negotiating Skills 202

Negotiating Skills Pricing Training Jordan Purchasing Training 202

Supply Chain Shaman

SEPTEMBER 5, 2022

Supply Chain Performance over the Period of March 2020 to July 2022. Supply chain leaders self-assessment of performance during the pandemic period of March 2020-through July 2022. Inventory Is an Egregious Symptom of Supply Chains Gone Wrong. Today, inventory fire sales abound. Why We Cannot Get Inventory Right.

Supply Chain Planning Software 235

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Supply Chain Strategy 235

Freightos

JUNE 6, 2023

The Initial Hurdle: 2021’ Freight Fiasco During the COVID-19 pandemic, Conor from Fort Toys , like many other entrepreneurs, found himself dealing with skyrocketing demand… and skyrocketing freight costs. This was terrible news for a company now on the hook to ship to kids who were suddenly cooped up and hankering for a fort.

Manufacturing Procurement 246

Manufacturing Procurement Optimal Sourcing Inventory Reduction Supply and Demand 246

Logistics Viewpoints

FEBRUARY 2, 2024

Amazon achieved its fastest-ever global shipping times last year but isn’t resting on its laurels. Congress established the program in 2021 through the BIL and dedicated $5 billion to the program over a five-year period. While I like his optimism, I’ll believe it when I see it. And now on to this week’s logistics news.

Cost Reduction Strategies 234

Cost Reduction Strategies Inventory Reduction Logistics Network Optimization Software Manufacturing Procurement 234

Logistics Viewpoints

JUNE 1, 2023

As we’ve seen over the past few years, businesses will keep automating and integrating supply chain planning capabilities, including demand-sensing, dynamic safety-stock management, inventory optimization, and external collaboration. In March 2022, online shopping was up 27% over the previous year. In 2022 overall, U.S.

Supply Chain Planning Software 193

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Software 193

Intelligent Audit

DECEMBER 13, 2021

The global pandemic has changed the transportation and shipping industry in many ways, some of which will linger for years to come. Issues with logistics and shipping capacity continue to haunt supply chain management as experts predict that the shipping bottlenecks and backlogs at big U.S. ports will continue well into 2022.

Shipping 52

Shipping Cost Reduction Strategies Modeling Supply Chain Planning Software 52

Unleashed

NOVEMBER 1, 2021

We’ve read the market reports, trawled the internet and identified key areas of change, and here we break these down for you with 10 of the major trends we expect to see in this industry in 2022 and beyond. billion in 2021. Read more: Supply chain management explained: methods in modern business 1. billion to $5.6 billion by 2028.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software Trends 98

EazyStock

FEBRUARY 7, 2022

The shipping industry in particular has been hit due to the displacement of containers blocking ports and causing global shortages. Consequently, there’s also been an effect on shipping costs as container prices surged in 2021 due to limited availability and increased demand. Even in 2022, the same issues linger.

Inventory Reduction 52

Inventory Reduction Shipping Inventory Modeling 52

Supply Chain Matters

AUGUST 11, 2022

The Ferrari Consulting and Research Group shares a Part Three commentary addressing our mid-year assessment of published 2022 Predictions for Industry and Global Supply Chains made available at the beginning of 2022, and specifically addressing supply chain cost inflation implications. We referenced legislative efforts such as the U.S.

Predictive Analytics Software 52

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

Freightos

OCTOBER 31, 2022

His Kickstarter campaign launched in January of 2021 and raised over $3 million dollars. . You can hear the full interview with Conor in our podcast series, Ship Happens. . Between September 2019 and September 2021, the cost of shipping a 40’ container from China to the US West Coast had increased from $1,500 to $20,586.

Supply Chain Planning Software 156

Supply Chain Planning Software Supply Chain Planning Supply and Demand Supply Chain 156

Ware2Go

JANUARY 10, 2022

The 2021 holiday shopping season was characterized by high freight rates, elevated lead times , and over-crowded warehouses. Many merchants were concerned about having enough inventory to meet demand, and consumers wondered if they would be able to secure holiday gifts for loved ones. The answer to this question is complex.

Inventory Reduction 52

Inventory Reduction Cost Reduction Strategies Expense Reduction Price Reduction 52

Elementum

JUNE 30, 2022

Supply Chain Market Report – July 2022 This edition will cover: The signs of looming stagflation How executives can prepare their supply chains The imminent problem of staffing shortages The latest use of drones in supply chain Notable changes in the leadership ranks. If there are topics you’d like us to cover, email info@elementum.com.

Procurement Analytics 78

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

The Logistics & Supply Chain Management Society

APRIL 26, 2022

According to Accenture Technology Vision 2021 research, Cloud, AI, and Digital Twins are among the top technologies supply chain executives are looking to deploy in their organizations. Digitisation for Optimised Capacity and Inventory Buffers. Greener Shopping and Shipping: The Rise of Carbon Neutral e-Commerce Delivery.

Analytics Software 246

Analytics Software Supply Chain Planning Software Supply Chain Software Predictive Analytics 246

Supply Chain Matters

JULY 25, 2022

The Ferrari Consulting and Research Group shares a Part Two commentary addressing our mid-year assessment of previously published 2022 Predictions for Industry and Global Supply Chains published at the beginning of 2022. In 2021, global economists and think tanks were coming to a consensus that a long-term decoupling between the U.S.

Sourcing Strategies 59

Sourcing Strategies Manufacturing Procurement Material Savings Predictive Analytics Software 59

Supply Chain Matters

JUNE 10, 2022

In our Supply Chain Matters commentaries focused on online customer fulfillment and especially the 2021 holiday fulfilment period, we cautioned retail and consumer goods supply chain management teams to be watchful for the bullwhip effect in inventory planning and replenishment needs to support expected customer demand.

Supply Chain Planning Software 52

Supply Chain Planning Software Inventory Reduction Scenario Planning Supply Chain Planning 52

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. value reported at the end of December 2021. The February 2022 Manufacturing ISM© Report on Business reported a value of 58.6,

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Supply Chain Optimization Global 52

ToolsGroup

DECEMBER 20, 2021

This backlog created both a shift in the “normal” peak season, as well as panic buying — meaning no relief during a normally slow Q1 in 2021. . Higher container costs , resulting in container-by-container decisions on what to ship. Many importers operating with just-in-time (JIT) inventory couldn’t get hold of the parts they needed. .

Supply Chain Disruption 194

Supply Chain Disruption Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 194

6 River Systems

MARCH 23, 2022

As we near the end of Q1 2022, here are the top eight trends that continue to dominate the warehousing industry. One of the biggest trends that remains for the warehousing industry in 2022 is labor shortages. This is up from 26% in 2021. In 2021, e-commerce sales grew 14.2% B in 2022 , a CAGR of 47.6%.

Warehousing 64

Warehousing Inventory Reduction Trends Cost Reduction Strategies 64

Supply Chain Matters

APRIL 7, 2022

In a prior published commentary, we provided highlights of March and Q1-2022 global production indices along with their implications. We now add highlights of March and Q1-2022 key global transportation and logistics indices. Global Shipping. This index stood at $9,304 at the end of 2021. Shipping Transit Timeliness.

Global Transportation 52

Global Transportation Logistics Network Optimization Software Cost Reduction Strategies Global 52

Supply Chain Matters

MARCH 23, 2022

Canadian Pacific is the sixth-largest North America freight railway, and in December 2021 completed an agreement to acquire U.S. American Shipper reported last week that the number of container ships calling on major U.S. West Coast ports during 2021 in trying to process historic ship backlog levels. Further, U.S.

Ukraine 52

Ukraine Kansas City Supply Chain Planning Software Supply Chain Strategy 52

The Logistics of Logistics

AUGUST 14, 2023

They have achieved significant recognition in the market, including being named a Leader in the Gartner Magic Quadrant and ranking #1 on FreightWaves’ FreightTech 25 for 2022. It achieved Tech Unicorn Status in June 2021 and raised $420M in Series F Funding led by Goldman Sachs, Thoma Bravo, and TPG.

Gartner 196

Gartner Logistics Network Optimization Software Supply Chain Software Supply Chain Strategy 196

Logistics Viewpoints

JUNE 30, 2022

With our supply chains clogged and retail inventories piling up, we have a situation wherein the huge imbalances between demand and supply at the product mix level can have an adverse impact on product availability for B2B and B2C companies alike, especially as we start heading to the holiday season. in October 2021. A ratio of 1.5

Supply Chain Planning Software 216

Supply Chain Planning Software Supply Chain Design Software Modeling Supply Chain Software 216

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

Inventory Reduction Resource Reduction Inventory Cost Reduction Strategies 52

NC State SCRC

DECEMBER 15, 2022

However, I’ve been hearing more and more stories about how the rapid over-expansion of many brands and retailers in 2021 has proven to result in all kinds of problems, specifically around additional inventory, excess capacity, and over-expansion of the workforce.

Forecasting 52

Forecasting Forecasting Software Inventory Reduction Manufacturing Procurement 52

Unleashed

OCTOBER 27, 2021

Here we give you our top 10 wholesale distribution trends for 2022 and beyond. Learn more: 10 Global Food Processing Industry Trends for 2021 Manufacturers are increasingly looking to make sales direct to their consumers – PepsiCo, for instance, has launched its own websites to sell products directly to customers 2.

Inventory Management Software 97

Inventory Management Software Forecasting Software Predictive Analytics Software Analytics Software 97

Ware2Go

JUNE 20, 2023

In this article: Ocean Freight: Key Stats & Industry News Ocean Freight Shipping: What to Watch For In 2023 Freight Shipping From China & Alternatives What Are The Current Ocean Freight Rates? The World Trade Organization estimates 43 billion tons of goods are shipped each year—due in part to the rising trend of eCommerce.

Negotiating Skills 98

Negotiating Skills Supply Chain Planning Software Supply Chain Planning Freight 98

Supply Chain Shaman

SEPTEMBER 22, 2021

This is despite the purchase of Terra Technology Demand Sensing and Multi-tier Inventory Management (MEIO) in 2014 for 12-14M$ (including implementation). Spring 2020-February 2021. We started the pandemic with twenty-one more days of inventory than we had in 2007. March 2021-August 2021. September 2021-March 2022.

Optimal Sourcing 217

Optimal Sourcing Analytics Software Procurement Analytics Supply Chain Planning Software 217

CH Robinson Transportfolio

DECEMBER 15, 2021

2021 was a difficult year in global logistics due to ongoing volatility. However, in early 2022, shippers will also be juggling potential delays from the Winter Olympics which will be hosted in Beijing throughout February. This is important because ocean shipping is only one piece of the equation. In fact, C.H.

Sourcing Strategies 64

Sourcing Strategies Logistics Network Optimization Software Cost Reduction Strategies Global 64