Logistics Viewpoints

JANUARY 12, 2024

As a New England Patriots fan, this season was certainly disappointing, as everything seemed to go wrong, except for landing a top-3 draft pick in 2024. inflation first began to heat up in 2021, it was written off by many economists as largely a temporary thing. Walmart unleashes ‘largest drone delivery footprint of any U.S.

Logistics Network Optimization Software 284

Logistics Network Optimization Software Price Reduction Inventory Reduction Resource Reduction 284

Logistics Viewpoints

SEPTEMBER 6, 2024

Within the next week, New York will be bustling with people attending fashion shows, brand events, and participating in Fall 2024 Fashion Week. Piedmont was founded in 2016 in Australia and moved its headquarters in 2021 to North Carolina, where it hopes to dig a 500-foot-deep (150-meter-deep) open-pit mine and build one of the largest U.S.

Supply Chain Planning Software 266

Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software North Carolina 266

EMERGE App

APRIL 5, 2024

The picture of wholesale distribution industry in 2024 The report from Research and Markets forecasts that the wholesale market size will reach $68,092.65 Understanding the right approach to survival in this industry in 2024 might be the best abundance now. 7 pointers that can help your business survive in 2024 and beyond 1.

Purchasing Skills 52

Purchasing Skills Negotiating Skills Price Reduction Sourcing Strategies 52

Supply Chain Matters

SEPTEMBER 18, 2024

Last week, enterprise Cloud infrastructure and business applications software provider Oracle held the Oracle CloudWorld 2024 event. Healthcare and Hospital Industry SCM Support Yet another SCM related enhancement theme is Oracle ’s renewed focus on Healthcare industry specific SCM and inventory management support. Stay tuned.

SCM 52

SCM Supply Chain Design Software Supply Chain Planning Software Inventory Management Software 52

Logistics Viewpoints

JANUARY 10, 2024

Just last week, my colleague Clint Reiser wrote an article about the top logistics and supply chain conferences to attend in 2024. 2021 was the trough with in-person events severely limited. in December 2021. We look forward to seeing what the top logistics stories will be for 2024 and beyond.

Logistics Network Optimization Software 275

Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Software Predictive Analytics Software 275

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. Walmart has about $1.5 percent higher than in 2020).

Logistics Network Optimization Software 216

Logistics Network Optimization Software Supply Chain Planning Software Inventory Reduction Cost Reduction Strategies 216

Stord

MAY 8, 2024

Super Coffee experienced explosive growth, starting from humble beginnings out of the dorm room of a Philadelphia University dormitory in 2015 to over $70 million in sales in 2021. Super Coffee required a truly integrated technical solution to bring needed clarity to its inventory and orders across all its partners.

Supply Chain Planning Software 60

Supply Chain Planning Software Logistics Network Optimization Software Optimization Software Supply Chain Software 60

The Logistics & Supply Chain Management Society

DECEMBER 21, 2021

As we finish 2021, the supply chain is front and center with challenges reported across the globe; across multiple industries from consumer products through to automotive. By 2024, 40% of APeJ-based supply chain forecasts will be automated through the use of artificial intelligence, improving accuracy by 5 percentage points.

Predictive Analytics Software 246

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

ToolsGroup

FEBRUARY 7, 2022

As 2021’s holiday shopping statistics proved, pandemic or not, consumers are willing to spend. (My 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. in 2021, compared to 42,000 sq. Data source: eMarketer.

Supply Chain Planning Software 177

Supply Chain Planning Software Trends Retail Forecasting Software 177

Enterra Insights

FEBRUARY 7, 2022

Automating processes for improved inventory turnovers. With AI, you can get better inventory management and delivery logistics while reducing operating costs.” According to Gartner, this isn’t far into the future: by 2024, 75% of companies will transfer AI from pilot programs to their main operations.” Footnotes. [1]

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Software Analytics Software Inventory Management Software 130

The Logistics & Supply Chain Management Society

JANUARY 3, 2023

According to the UAE’s Ministry of Economy, the first quarter of 2021 saw the highest amount of quarterly funding raised in the logistics industry in the MENA region over the past 4 years, rising year-on-year by 179 per cent. Dubai CommerCity, the first e-commerce free zone in the MENA region opened in April 2021 in Dubai.

Supply Chain Software 130

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

Enterra Insights

AUGUST 18, 2021

” Inventory Management. Inventory embedded with the proper sensors can be tracked in real-time via the IoT. Supply chain journalist Catherine Metcalf explains, “Businesses can now place IoT sensors with a variety of components to help manage inventory more efficiently. Now, the cobot brings everything to the picker.”

Supply Chain Design Software 130

Supply Chain Design Software Supply Chain Optimization Agile and Lean Supply Chain Supply Chain Design 130

Supply Chain Matters

MARCH 6, 2024

In February of 2021, Supply Chain Matters highlighted a memorandum of understanding with global contract manufacturing provider Foxconn Technology for volume production. Reportedly, only 4,900 vehicles have been delivered to customers, the remaining in finished vehicle inventory and valued at half a billion dollars in tied-up capital.

Sourcing Strategies 52

Sourcing Strategies Supply Chain Planning Software Manufacturing Procurement Austria 52

Supply Chain Matters

JUNE 4, 2024

Supply Chain Matters provides readers and clients with a further installment in our global supply chain assessment series in providing highlights on reported May 2024 global PMI activity levels. Specifically noted in this latest report: “ May saw manufacturing production increase at the quickest pace since December 2021.”

Manufacturing Procurement 59

Manufacturing Procurement Optimal Sourcing Manufacturing Global 59

ToolsGroup

OCTOBER 3, 2022

Yet according to retail advisory firm IHL , “The most significant challenges to inventory distortion are the availability of workers and the disruptions outside of the immediate control of the retailer.” Leaked internal research reveals Amazon is at risk to run out of workers for its US warehouses by 2024. Source: Bloomberg.com.

Optimal Sourcing 156

Optimal Sourcing Retail Purchasing Skills Inventory Reduction 156

SCMDOJO

APRIL 15, 2024

With a wide array of products stored in its fulfillment centers, Amazon can consolidate orders and optimize its inventory management systems. To overcome this, Amazon has developed sophisticated inventory management systems that allow them to efficiently store and retrieve products from their fulfillment centers.

Logistics Network Optimization Software 105

Logistics Network Optimization Software Inventory Reduction Sourcing Strategies Inventory Management Software 105

ToolsGroup

AUGUST 1, 2022

Returns come with plenty of challenges around logistics, inventory, and predicting volatile sales trends. Department of Commerce International Trade Commission , the percentage of retail sales sourced from ecommerce is predicted to increase into 2024–well beyond the lockdowns that caused the initial rise in ecommerce spend.

Retail 296

Retail Optimal Sourcing Purchasing Skills Procurement Solutions 296

Supply Chain Matters

DECEMBER 28, 2023

percent increase reported for 2021. Consumers were expecting that there would be adequate inventory of goods even up to two days before Christmas. Supply Chain and Customer Fulfillment Performance On a positive note, this year’s holiday buying period did not include reports of major inventory shortages or supply chain snafu’s.

Forecasting 52

Forecasting Apparel Inventory Reduction Journal 52

Exiger Perspectives

OCTOBER 29, 2024

In 2024, the NNSA awarded $32 million to SHINE for ongoing construction of its medical isotope facility in Wisconsin. In 2021, for instance, a partnership between Northstar Medical Radioisotopes LLC and the University of Missouri Research Reactor began to produce Mo-99 through non-uranium-based tech.

Czech Republic 52

Czech Republic Manufacturing Procurement Netherlands Belgium 52

The Logistics & Supply Chain Management Society

JANUARY 3, 2024

in 2020 to 25.6 % in 2021, reaching a market size of $553 billion. In the sector, the bullwhip impact is high, the inflationary pressures of crude oil prices immense, the variability from energy outages painful, and inventories relatively low. Focus on right-sizing inventories. This was the biggest escalation since the 31.8%

Supply Chain Design Software 130

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

Supply Chain Matters

NOVEMBER 6, 2023

With output contracting for the fifth consecutive month and business optimism reportedly dipping to an 11-month low, the report pointed to cutbacks occurring in manufacturing employment, purchasing and inventory levels globally. percent in 2024. The October PMI reported value fell to a three-month low of 48.8, down from the 49.2

Procurement Analytics 59

Procurement Analytics Manufacturing Procurement Report Global 59

Logistics Viewpoints

SEPTEMBER 22, 2023

In past years, USPS has hiked its fees from roughly October to January during the annual surge, including increases in 2022, 2021, and 2020. Although port volumes increased in August, demand remains lower as shippers continue to face excess inventory levels.

Los Angeles 248

Los Angeles Material Savings Logistics Network Optimization Software Waste Reduction 248

ToolsGroup

OCTOBER 25, 2022

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.

Inventory Reduction 156

Inventory Reduction Inventory Optimal Sourcing Supply and Demand 156

Resilinc

JULY 26, 2022

more units than it did in Q2 2021, according to Gartner’s estimates. In guidance released ahead of its quarterly report, Samsung estimated a 21% bump in revenues and 11% increase in profits over Q2 2021. Foxconn will follow the Lordstown deal by building Fisker’s Pear model at an “Ohio factory starting in 2024.

Manufacturing Procurement 62

Manufacturing Procurement Gartner Inventory Reduction Price Reduction 62

QAD

JUNE 26, 2024

Updated: June 26, 2024 Published: February 4, 2021 What is the Sales & Marketing Leader’s Role in S&OP? Accurately conveying these forecasts to the operational team to enable production to manufacture sufficient inventory to meet all customer orders. Such changes have a direct impact on their work.

S&OP 52

S&OP Supply and Demand Forecasting Supply Chain Planning Software 52

C3 Solutions

JULY 28, 2020

What's interesting is how the use of IoT technologies to track inventory throughout the supply chain can dovetail with the kind of visibility you gain when you implement a best-of-breed dock scheduling system from C3 Solutions. billion connected items, growing to 25 billion by 2021. billion by 2021. IoT Evolution.

Internet of things 78

Internet of things Retail Real-time Visibility Optimal Sourcing 78

SCMDOJO

JULY 7, 2023

Since its initial public offering in November 2021, Rivian has secured more than US$13.5 In late 2021, Rivian commenced deliveries of its R1T pickup truck. Early Success and Setbacks Rivian experienced a rapid rise in market capitalization following its listing in 2021, surpassing major automakers like Ford and Volkswagen.

Supply Chain Design Software 105

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 105

Intelligent Audit

DECEMBER 12, 2022

As shippers drew down existing inventories, replenishment became necessary to quickly satisfy consumers’ spending habits. By the end of 2021, bottlenecks at ports stretched into the Pacific Ocean. for the 12 months ending December 2021, the largest calendar-year increase since data were first calculated in 2010.

Cost Reduction Strategies 52

Cost Reduction Strategies Price Reduction Inventory Reduction Negotiating Skills 52

Supply Chain Matters

APRIL 4, 2024

The software and managed services of this provider were augmented with the acquisition of New South Wales based Pegasus in 2021. Gather AI Raises $17 Million in Series A Funding Computer vision and AI-powered warehouse inventory monitoring technology start-up Gather AI has announced $17 Million Series A-1 funding led by Bain Capital Ventures.

Supply Chain Design Software 40

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software 40

Resilinc

AUGUST 30, 2023

The impact of the bottleneck goes beyond the canal itself, causing delays in container shipping and inventory replenishment along various shipping routes. Another lever that supply chain managers need to consider is how, when, and where they deploy inventory. Are there alternatives to the Panama Canal?

Panama 62

Panama Modeling Supply Chain Planning Software Supply Chain Optimization 62

Supply Chain Game Changer

JANUARY 7, 2021

With the advent of 2021, AI unveils new avenues for revolutionizing SCM across automation, planning, logistics, inventory, fleet & freight. According to research by CISION , by 2024, AI-led SCM market will reach $1.3 Artificial Intelligence (AI).

Inventory Reduction 84

Inventory Reduction Vendor Strategies Cost Reduction Strategies Supply Chain Strategy 84

Supply Chain Game Changer

OCTOBER 8, 2020

Prediction 1: By the end of 2021, half of all manufacturing supply chains will have invested in supply chain resiliency and artificial intelligence, resulting in productivity improvements of 15%; Prediction 2 : By 2022, firms will dedicate 35% of their logistics business process outsourcing services budget to process automation, focusing on order, (..)

Predictive Analytics Software 74

Predictive Analytics Software Predictive Analytics Supply Chain Planning Software Supply Chain Software 74

Supply Chain Matters

MARCH 27, 2024

There are two other harbor crossings but the prospects for high levels of traffic congestion loom large, especially for just-in-time inventory replenishment movements. Bob Ferrari © Copyright 2024, The Ferrari Consulting and Research Group and the Supply Chain Matters® blog. East Coast port presence helps in this determination.

Baltimore 52

Baltimore Supply Chain Design Software Supply Chain Design Supply Chain Software 52

RFgen

SEPTEMBER 1, 2021

The study highlights three surprising findings: delivery as a top driver for growth, continued labor challenges despite warehouse expansion, and a lack of inventory tracking. Field mobility solutions that support more effective inventory management, quick turnaround, transparency will be key.

Warehousing 75

Warehousing Study Inventory Reduction Material Savings 75

Synovos

JULY 24, 2023

In November 2021, RS launched its 2030 ESG action plan, entitled ‘For a Better World’, which has four global goals and 15 ambitious actions for 2030. RS is also aspiring to grow this range to 100,000 products globally by 2024/25.

Inventory Reduction 52

Inventory Reduction Sourcing Strategies Cost Reduction Strategies Government 52

Supply Chain Matters

APRIL 14, 2023

The EV parcel truck maker subsequently went public in March 2021, combining with CIIG Merger Corp. billion market valuation based on 2024 revenue expectations in 2024. It further helps in the ability to foster singular inventory management to support customer demand from both online and in-store buying channels.

Supply Chain Design Software 52

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Prescriptive Analytics Software 52

ToolsGroup

OCTOBER 10, 2022

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.

Inventory Reduction 156

Inventory Reduction Cost Reduction Strategies Sourcing Strategies Material Savings 156