ToolsGroup

FEBRUARY 7, 2021

In episode six of Be Ready for Anything, ToolsGroup’s Pre-Sales Manager for Europe, Birger Klinke, talks about what retailers should expect in 2021 and how they can leverage probabilistic forecasting and automation to adjust to a changing marketplace. What do you predict will be different for retailers in 2021? Transcript.

Predictive Analytics Software 295

Predictive Analytics Software Retail Modeling Forecasting 295

Ware2Go

OCTOBER 7, 2021

Warehouse vacancy rates are at an all-time low. Learn how to secure top-tier warehouse space and SLA’s without paying peak season premiums or getting locked into a long-term contract. The 2021 holiday season’s supply chain disruptions have made headlines and attracted attention from merchants and consumers alike.

Warehousing 52

Warehousing Negotiating Skills Purchasing Skills Forecasting 52

Logistics Viewpoints

JANUARY 4, 2021

This would be a trigger across the supply chain which would result in warehouse movements, maybe LTL, consolidation, and finally distribution and delivery of re-supplies. PlanIQ includes Amazon Forecast. Amazon Forecast is based on the same ML technology used by Amazon.com. Autonomous Trucking.

Supply Chain Planning Software 328

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Modeling Software 328

Logistics Viewpoints

JULY 11, 2022

Goods-to-Man Robot at an Amazon Warehouse. During COVID, warehouse space was not the retailer’s main constraint, having sufficient labor was. It had been an average of around $17 since May of 2021. The new reality, Reuters reported, began to emerge halfway through 2021. But building warehouses takes two years.

Supply Chain Network Software 244

Supply Chain Network Software Forecasting Purchasing Skills Forecasting Software 244

EazyStock

MARCH 22, 2022

Fluctuating demand and supply volatility have made accurate demand forecasting even more challenging for two reasons: Using last year’s sales data as a base for forecasts is a ‘no go’, as demand fluctuations due to the pandemic skew the data. Consequences of poor demand forecasting. Use appropriate historical data.

Forecasting 52

Forecasting Forecasting Software Demand Planning Software Modeling 52

Logistics Viewpoints

NOVEMBER 17, 2021

The National Retail Federation (NRF) has forecast that holiday sales during November and December will grow between 8.5 These workers will be used to store, pack, and ship items from its warehouses. The post The 2021 Holiday Logistics Guide appeared first on Logistics Viewpoints. percent and 10.5 billion and $859 billion.

Logistics Network Optimization Software 208

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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

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Logistics Viewpoints

JANUARY 11, 2023

Top 20 Warehouse Automation Suppliers Worldwide ; Clint Reiser. ARC Advisory Group began conducting formalized research on the global warehouse automation market in 2014. billion globally, and I forecast it to grow to $9.9 Time slot management helps to organize warehouse resources to prepare for an incoming truck.

Logistics Network Optimization Software 216

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EazyStock

DECEMBER 13, 2020

A vaccine won’t magically eradicate the coronavirus; instead, it will take the vaccine coupled with additional widespread safety measures to usher in a ‘new normal’ – optimistically, by Q3 of 2021. The prevailing effects of COVID-19 are uncertainty and disruption; the key to planning ahead for 2021 will be to analyze the effects of 2020.

Inventory Reduction 98

Inventory Reduction Sourcing Strategies Inventory Management Software Resource Reduction 98

6 River Systems

MARCH 23, 2022

Warehousing and logistics management is constantly evolving. Managing a warehouse in today’s climate can be a challenge. 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.

Warehousing 64

Warehousing Inventory Reduction Trends Cost Reduction Strategies 64

Logistics Viewpoints

JANUARY 4, 2021

This would be a trigger across the supply chain which would result in warehouse movements, maybe LTL, consolidation, and finally distribution and delivery of re-supplies. PlanIQ includes Amazon Forecast. Amazon Forecast is based on the same ML technology used by Amazon.com. Autonomous Trucking.

Supply Chain Planning Software 186

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Modeling Software 186

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

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Enterra Insights

FEBRUARY 16, 2021

High risk will be the new normal for 2021 and following years. 2] They are: #1 Your organization uses a manually intensive end-to-end forecasting and planning process. If this describes your planning framework, Singh says, “You may be ready for a fresh look at how you are forecasting. It does not really model demand.

Supply Chain Planning Software 100

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 100

ToolsGroup

OCTOBER 14, 2020

All these scenarios of course create huge demand fluctuations companies need to deal with that differ completely from their historical demand forecasts. Of course, demand forecasts are the biggest concern people have. They need to apply corrective actions for the forecast for next year. Keep communication open.

Supply Chain Planning Software 296

Supply Chain Planning Software Scenario Planning Supply Chain Planning Modeling 296

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. If they did not agree, their business relationship would be terminated.

Forecasting 52

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Logistics Viewpoints

MAY 27, 2022

Dick’s Sporting Goods Beats Forecast in Q1 But Cautions on Inflation, Supply Chain. Amazon Aims to Sublet, End Warehouse Leases as Online Sales Cool. in March 2022 from March 2021. compared to March 2021. compared to March 2021. compared to March 2021. North American Transborder Freight up 23.8%

Logistics Network Optimization Software 251

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Resilinc

MARCH 22, 2022

Our 2021 Annual Report is here! Covered topics included the supply chain tumult of 2021, trends affecting key commodities like aluminum, silicon, and cobalt, and the evolving risk landscape for reshoring, cybersecurity, ESG issues, and more. Download our 2021 Annual Report. The post Resilinc’s 2021 Annual Report is live!

Report 62

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Logistics Viewpoints

JANUARY 12, 2024

When it comes to inflation forecasting , pretty everyone had it wrong. inflation first began to heat up in 2021, it was written off by many economists as largely a temporary thing. The other significant trend this year has been the continued loss of jobs in the warehouse sector. Jobs in the warehouse sector were down 4,900 jobs.

Logistics Network Optimization Software 257

Logistics Network Optimization Software Price Reduction Inventory Reduction Resource Reduction 257

Supply Chain Shaman

SEPTEMBER 5, 2022

Warehouses are full, and supply chain leaders are using containers as overflow warehouses adding to port snarls. In nine out of ten supply chain planning systems that I test, I find that companies have a negative Forecast Value Added level. Mondelez Comparison to Nestle and Industry Average for the Period of 2012-2021.

Supply Chain Planning Software 235

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

The Logistics & Supply Chain Management Society

FEBRUARY 16, 2022

The upcoming Tee Yih Jia facility consists of three warehouses — two cold rooms and one ambient temperature dry store — and features rack clad high bay warehouse with an automated storage and retrieval system (ASRS) which allows the automated placement and retrieval of high-volume loads from TYJ’s storage locations.

Supply Chain Software 245

Supply Chain Software Food Optimal Sourcing Optimization Software 245

EazyStock

JANUARY 27, 2021

2021 Supply Chain and Inventory Management Trends for the US. Here we are, one year later, trying to determine the 2021 supply chain and inventory management trends to adopt. With that in mind, here are a few trends for 2021 that could help your business outlast the pandemic: Supplier Diversification. Automation.

Inventory Management Software 96

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Intelligent Audit

MARCH 23, 2022

For example, including ports that are further away from warehouses or stores could lead to higher inland transportation costs and potential delays if the ports do not have the right equipment — or enough of it — to handle a retailer’s imports. The Increasing Need for Advanced Demand Forecasting.

Supply Chain Planning 52

Supply Chain Planning Scenario Planning Forecasting Agile and Lean Supply Chain 52

ToolsGroup

JUNE 14, 2022

According to Gartner’s 2022 CEO survey, growth is still the #1 priority (the same as 2021). A session highlighting the newly released Market Guide for Retail Planning, Replenishment and Allocation Solutions explained that just having AI/ML and improving forecasting accuracy is no longer a vendor differentiator for retail planning solutions.

Gartner 156

Gartner Supply Chain Planning Software Supply Chain Software Supply Chain Design Software 156

Logistics Viewpoints

DECEMBER 16, 2022

Forecasts call for freight rate slumps in 2023. Using pictures of items in Amazon warehouses and training a computer model, the e-commerce giant has developed a camera system that can monitor items flowing one-by-one down conveyor belts to make sure they match their images. percent over the third quarter of 2021.

Logistics Network Optimization Software 199

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DynaSys

FEBRUARY 3, 2021

Time series forecasting cannot predict unprecedented events , disruptions like staff absenteeism, supplier or line loss, and even switching to producing a new product requires using cleansed historical data.” The need to integrate economic and COVID public health data into your forecasts. It is all about your data.

Modeling 97

Modeling Supply Chain Planning Software Scenario Planning Supply Chain Planning 97

o9 Solutions

DECEMBER 21, 2021

The 2021 Christmas and New Year holiday season is facing a global supply shortage of Champagne. Moët Hennessy—which includes Moët & Chandon, Dom Pérignon, Ruinart, and Veuve Clicquot within its Champagne portfolio—reported a 22% rise in Champagne sales for the first three months of 2021 compared with the first quarter of 2020.”

Scenario Planning 98

Scenario Planning Supply and Demand Las Vegas Supply Chain Planning Software 98

ToolsGroup

OCTOBER 12, 2021

The pandemic accelerated digitization plans across multiple industries according to the ToolsGroup/CSCMP 2021 Digital Transformation in Supply Chain Planning survey. Machine learning in retail can help automatically adapt ongoing forecasts by performing demand sensing that drives timely in-season replenishment.

Supply Chain Planning Software 156

Supply Chain Planning Software Supply Chain Planning Supply and Demand Optimal Sourcing 156

Ware2Go

OCTOBER 22, 2021

Learn how to mitigate and avoid dead stock through strategic warehousing and inventory management to lower fixed costs, combat supply chain disruptions, and overcome current peak season challenges. The Issue of Dead Stock In 2021. What Is Dead Stock?

Inventory Reduction 98

Inventory Reduction Negotiating Skills Cost Reduction Strategies Inventory Management Software 98

MIT Supply Chain

NOVEMBER 24, 2020

Nowhere are these changes more evident than in warehousing. The warehouse, a mainstay of supply chains, is getting a makeover as retailers move closer to customers so they can fulfill buyers’ unquenchable thirst for instant gratification. Adapting existing stores to function as warehouses is another example.

Warehousing 52

Warehousing Supply Chain Design Software Supply Chain Planning Software Modeling Software 52

6 River Systems

NOVEMBER 11, 2019

Warehouse automation stats show that automation is making a big impact on warehouses and distribution centers. As technology awareness grows, more warehouses and DCs turn to automation to adapt to the changing landscape. The number of private warehouses is growing. Warehouses are increasing in size, as well.

Warehousing 91

Warehousing Supply Chain Software Supply Chain Planning Software Optimization Software 91

Logistics Viewpoints

MAY 10, 2021

Walmart is making investments in warehouse automation in distribution centers to deliver aisle and department-ready pallets to stores. Walmart’s fiscal 2021 ended on January 31 st. So besides forecasting, inventory optimization, and replenishment, how are those billions of dollars being spent in the supply chain area?

Supply Chain Planning Software 233

Supply Chain Planning Software Supply Chain Software Supply Chain Transformation Inventory Reduction 233

Shipsy

MAY 28, 2021

Let’s check out the other last mile delivery trends for 2021. Last Mile Delivery Trends 2021. In 2021 and beyond, we are expecting the following trends to play a pivotal role in improving last mile delivery logistics. Cost reduction using analytics and forecasting. Micro warehousing.

Modeling Software 52

Modeling Software Trends Analytics Software Supply Chain Design Software 52

ivalua

JULY 12, 2021

Redwood City, CA, July 13, 2021 – Ivalua, a global leader in Cloud Spend Management solutions, announces an extension of its Procure-to-Pay solution with a new Inventory Collaboration capability. warehouse, plant, stockroom). The ability to easily allocate stock to relevant storage locations (i.e. min, max levels) .

Real-time Visibility 130

Real-time Visibility Optimal Sourcing Inventory Reduction Procurement 130

Supply Chain Matters

MAY 24, 2022

Supply Chain Matters highlights that companies that sublease excess warehouse or office space is a normal occurrence in business settings, but when Amazon moves in that direction, it can send a shock wave to the industrial real estate ecosystem. © Copyright 2022, The Ferrari Consulting and Research Group and the Supply Chain Matters® blog.

Supply Chain Planning Software 52

Supply Chain Planning Software Real Estate Warehousing Supply Chain Planning 52

Supply Chain Digest

FEBRUARY 24, 2021

Amazon Pays Bonuses to Quit FC Jobs, Forecast for 2021 GDP Growth Headed Higher, Huge Valuation for Warehouse Robot Maker, Home Depot Low Inventory Growth

Forecasting 47

Forecasting Supply Chain Warehousing Inventory 47

Logistics Viewpoints

JUNE 1, 2023

The evolution towards autonomous planning has gained speed over the last two years, and we already see businesses moving from human-in-the-loop decision-making to fully autonomous decisions on daily operational plans such as store replenishment, warehouse procurement, transportation planning, production planning, and order fulfillment.

Supply Chain Planning Software 193

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

Unleashed

JUNE 7, 2023

In 2021, businesses faced major supply chain challenges that resulted in understocked shelves and unhappy customers. Supply Chain Dive Inventory optimisation relies on detailed data analysis, inventory management automation , and effective demand forecasting. Demand forecasting software.

Inventory Management Software 52

Inventory Management Software Forecasting Software Demand Planning Software Supply Chain Planning Software 52