Freightos

JUNE 15, 2021

A third of all cargo is carried in passenger planes. So to meet capacity, airlines started to convert passenger planes into cargo planes at scale. In the last quarter of 2020, it became clear cargo rates weren’t coming down anytime soon. And it’s not just ocean freight. Credit: Lufthansa ). Enter, a global container shortage.

Global 392

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Cathy Roberson

SEPTEMBER 7, 2021

Despite supply chain costs increasing and available capacity almost a rarity, retailers are undertaking a variety of ways to make sure they receive their inventory in time for the ever-important holiday season. “We feel good about the composition of our inventory. It's been difficult to plan inventory flow with much precision.

Inventory Reduction 92

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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. So, wish me luck in securing authentic University Blue Jordan IVs. And now on to this week’s logistics news. general merchandise stores expanded 1.2

Negotiating Skills 202

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GlobalTranz

NOVEMBER 17, 2021

A 2021 Peak Shipping Season survey conducted by Edelman Intelligence found hiring to be a strong concern among supply chain decision makers with 90% having a strong need to increase hiring to account for peak season and beyond. Port backlogs and cargo limitations are undermining efficiency while warehouse and storage space remain challenging.

Shipping 232

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Intelligent Audit

JULY 29, 2021

As the delta variant provides an added layer of uncertainty throughout the world, experts frantically search for solutions as peak season shipping 2021 approaches. The second half of 2020 featured new growth and unprecedented demand in the world’s economy that has yet to slow and will continue to grow as peak season approaches in 2021.

Shipping 45

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The Logistics & Supply Chain Management Society

SEPTEMBER 14, 2021

The applications of AI and ML can not only optimise stock inventory and cost margins, they play a key role in dynamic routing of deliveries in shortest distance and timeframe possible, to consumers. Dynamic routing has empowered logistics providers to consider plans B, C and D, offering alternative options of ocean and air freight cargo.

Supply Chain Planning Software 223

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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. Cargo volumes at the Port of Los Angeles rose 3 percent year-over-year to 828,016 TEUs in August, marking the first increase in 13 months, port officials said.

Los Angeles 221

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Freightos

OCTOBER 31, 2022

His Kickstarter campaign launched in January of 2021 and raised over $3 million dollars. . In late 2020 and throughout 2021, a marked increase in consumption of goods, combined with a perfect storm of shutdowns, congestion, natural disasters and even the Suez Canal getting blocked saw freight prices climb to uncharted heights.

Supply Chain Planning Software 156

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Locus

SEPTEMBER 24, 2021

US holiday retail sales in 2021 will rise 2.7% – US Holiday 2020 review and Holiday 2021 Preview, Emarketer Insider Intelligence, Feb 2021. Many businesses are still struggling from inflationary pressures on goods and inventory not meeting peak season demand. Ecommerce will account for a record 18.9%

Modeling 52

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Operations and Supply Chain Management

OCTOBER 18, 2021

Forecasting Shipping Delays; Cargo Swamps Airports; Alibaba’s Challenge. Emirates Airlines’ cargo operations at Dubai International Airport in February. Dubai’s airport has seen a recent rush in cargo volume as freight forwarders switch from sea freight. retailers’ inventory-to-sales ratio in August, down from 1.11

Forecasting 52

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Freightos

NOVEMBER 11, 2021

The ”end” they refer to – whether it’s forwarding, fulfillment, or platforms for B2B or B2C sales – remains fairly ambiguous, spanning an acquisition of fashion logistics company HUUB in September 2021 to an investment in rapid fashion production company Unmade. Accelerating the shift. Image via StarAir.dk). of the U.S.

Price Reduction 177

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Freightos

FEBRUARY 28, 2022

trillion dollars in 2021 , up 13% from 2019. The cost of importing a 40’ container from China to the United States West Coast grew 1,000% from $1,800 in 2019 to over $20,000 in September 2021 according to our Freightos Baltic Index (FBX). As a result, they went from paying $45 per mattress on shipping to $375 per mattress in 2021.

Negotiating Skills 177

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BlueYonder

JUNE 16, 2022

As many countries around the world enforce economic sanctions against Russia, global logistics networks are struggling to isolate Russian products while still ensuring inventory availability. The post Where’s My Inventory? There’s no end in sight to these challenges,” he notes. “In

Inventory Management Software 52

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Logistics Viewpoints

SEPTEMBER 15, 2023

The latest capability for merchants shows that the e-commerce giant is trying to control more inventory deeper in the supply chain before it’s sold. Gatik’s four-year project with Walmart — using driverless trucks since 2021 — ended with the closing of the warehouse where it was picking up loads. days for general cargo vessels.

Logistics Network Optimization Software 202

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Logistics Viewpoints

NOVEMBER 4, 2021

With the lack of drivers and trucks picking up cargo, this is also causing U.S. According to the CBRE Global E-commerce Outlook 2021 report , e-commerce growth will require another 330 million square feet of warehouse space in the United States by 2025. Do you have real-time visibility into your orders, inventory, and shipments?

Warehousing 200

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Cathy Roberson

AUGUST 1, 2022

Consumers couldn’t get enough of buying goods since the pandemic occurred in 2020, and shippers struggled to keep enough inventory on hand once pre-pandemic inventories were depleted. As a result, many retailers are sitting on excess inventory. This year, everything seems to have changed again.

Inventory Reduction 96

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The Logistics & Supply Chain Management Society

JULY 16, 2023

It appears that operational and procurement risks for beneficial cargo owners or shippers, in the short term, are minimal. The pandemic exposed the vulnerability of our supply chain to disruptions and demonstrated that a lack of visibility of cargo flow at a granular level, wasa major handicap in most instances.

Risk Management 130

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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. . Labor shortages , impeding the ability to get cargo unloaded, loaded, or moved. Many importers operating with just-in-time (JIT) inventory couldn’t get hold of the parts they needed. .

Supply Chain Disruption 194

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Enterra Insights

JUNE 28, 2023

Just 14 years later, the first air cargo flight took place in 1910. By having more efficient delivery routes, warehouses, and inventory systems in place, companies can reduce their operational costs while still delivering great customer service.” ” Supply Chain Game Changer, 4 June 2021. [7]

Logistics Network Optimization Software 130

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Enterra Insights

NOVEMBER 23, 2021

It used to take two days to get cargo off the docks. Marketing expert Robby Pedraza explains, “During World War II, standard sized shipping containers were developed to ship military cargo to the front lines. Conex containers evolved into modular units that could stack efficiently to store more cargo in one location.”[4].

Supply Chain Design Software 130

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Supply Chain Matters

MARCH 27, 2024

Coast Guard authorities are assured that the bridge debris and/or underwater obstacles are sufficiently cleared for cargo ship navigation. 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.

Baltimore 52

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Cathy Roberson

AUGUST 24, 2022

(photo credit: depositphotos.com) According to consulting firm McKinsey, funding for logistics startups almost doubled in 2021 compared to 2020. In total, McKinsey estimates that $80 billion in funding was made in logistics startups in 2021. billion for the same period in 2021. of the total $80 billion in funding.

Reverse Logistics 62

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Resilinc

AUGUST 30, 2023

Weight limits have also been adjusted, forcing some ships to unload and transport cargo to the other side of the canal via train—increasing transportation costs. The impact of the bottleneck goes beyond the canal itself, causing delays in container shipping and inventory replenishment along various shipping routes.

Panama 62

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Supply Chain Matters

OCTOBER 10, 2023

In its reporting, Bloomberg indicated that Amazon has long practiced a strategy of taking stakes in business areas deemed a priority including a grocery chain, cargo airlines, EV powered parcel vans and others. Morgan Growth Equity Partners and Index Ventures. will reportedly be one of the largest fully interoperable chassis pools in the U.S.,

Supply Chain Planning Software 52

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Cathy Roberson

AUGUST 2, 2021

As such, my search continues and it may be continuing into 2022 since inventories remain low, shortages in raw materials continue, and overseas delivery delays impact the furniture industry. According to the US Census Bureau, furniture & home furnishing store sales are up 43% for the first half of 2021 compared to the same period in 2020.

Vendor Strategies 82

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QAD

DECEMBER 17, 2020

If at any point during the lifespan of that product and at any inventory level, the item’s temperature varies from the required set-point or beyond the defined time constraint, quality suffers and the product no longer functions as it was meant to, or in the worst case puts patients at risk. The Battle for Air Cargo Capacity.

Pharmaceutical 98

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Enterra Insights

OCTOBER 21, 2021

“As mentioned before,” Garoufalidis writes, “cargo like manufacturing or automotive parts can be fixed and resold. This is where recycling comes into play, and where you can make your supply chain sustainable and rid it of excess inventory and costs.” Robinson Blog, 18 May 2021. [4] Repair processes.

Reverse Logistics 130

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Enterra Insights

JULY 23, 2021

At the moment, uncertainty about the 2021 holiday seasons abounds. ” In other words, if you want to be sure to have something under the tree this Christmas, you better see what’s currently on store shelves or in eRetailers inventories. Census Bureau Report ,” Supply Chain Management Review, 17 May 2021. [8]

Logistics Network Optimization Software 100

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Unleashed

JULY 4, 2021

Bonded warehouses can be owned by a government or by private businesses and can be helpful in creating inventory and cashflow efficiencies. Once the logistics are in hand, however, bonded warehouses can be extremely useful for companies in terms of inventory efficiencies and cashflow. What is a private bonded warehouse?

Warehousing 59

Warehousing United Kingdom New Zealand Australia 59

Cathy Roberson

MAY 31, 2022

from Q4 2021 to Q1 2022 due to higher general rate increases and fuel surcharges. points versus Q1 2021. Indeed, positioning inventory closer to customers and providing fast and efficient delivery is the key to success for retailers in terms of financial and customer satisfaction. I wear a number of hats these days.

Puerto Rico 52

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Supply Chain Matters

JUNE 21, 2022

economy through the lens of the logistics and transportation sector in terms of costs and implications to the economy during 2021. For 2021, U.S. trillion, representing 8 percent of the year 2021’s 23 trillion U.S. business logistics costs for 2021. . billion in 2021, an increase of 15.2 percent to $1.85

Logistics Network Optimization Software 52

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Cathy Roberson

JUNE 28, 2021

Current inventories are not able to keep up with the pent-up demand that is driving the desire for the latest shoe fashion as consumers return to work, shopping in stores, and to social activities such as concerts, parties, and travel. The National Retail Federation (NRF) recently revised its 2021 total retail sales forecast.

Vendor Strategies 52

Vendor Strategies Inventory Reduction Expense Reduction Forecasting 52

Cathy Roberson

MAY 10, 2022

In-housing logistics services Other retailers have made similar in-housing moves – most notably AEO, which acquired AirTerra and Quiet Logistics in 2021. "As Until this year, most shippers were concerned with receiving inventory and other goods at any cost, on time, or as close to on time as possible.

Retail 109

Retail Material Savings Network Optimization Modeling 109

Cathy Roberson

JANUARY 9, 2023

of total retail sales, the same rate as in 2021. The startups are: Boomerang - Founded in 2021, Boomerang offers an online platform that manages end-to-end returns management powered by pickup. According to the company, it provides a faster, greener, and more cost-effective way to leverage existing inventory.

Las Vegas 52

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Enterra Insights

APRIL 27, 2021

.”[4] The Value of the Global Supply Chain Journalist Jennifer Smith ( @jensmithWSJ ) writes, “Maritime tracking data shows the cargo snared by last month’s blockage as a snapshot of global trade that is usually in constant motion.

Sourcing Strategies 130

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Vanguard Software

JUNE 18, 2021

June 12, 2021 – Cargo ships stacked up at the ports of Los Angeles and Long Beach. Inventories of lumber, aluminum cans, tires, cardboard and plastic all running low. Forbes – Amazon Prime Day 2021: What’s The Supply Chain Deal? The Latest Supply Chain News. These Companies Are Best Prepared.

Supply Chain Planning Software 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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