ToolsGroup

NOVEMBER 23, 2021

The 2021 supply chain shortage is the story of our lives today, as the enormous bullwhip effect of COVID continues. Use analytics to put your available inventory to the best use. Chances are you do have some inventory–make sure it’s being put to the best use with automation and data analytics.

Supply Chain Planning Software 291

Supply Chain Planning Software Scenario Planning Inventory Reduction Supply Chain Software 291

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

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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

3PL Insights

SEPTEMBER 20, 2021

With e-commerce on the rise, supply shortages, and COVID-19 restrictions causing shipping delays, this will prove to be a challenging year for order fulfillment. After the shipping delays and supply shortages that were caused by COVID-19, many businesses have opted to keep more inventory on-hand in distribution centers.

Warehousing 98

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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

Shipping Inventory Reduction Cost Reduction Strategies Price Reduction 45

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 290

Negotiating Skills Optimal Sourcing Price Reduction Vendor Strategies 290

Intelligent Audit

SEPTEMBER 1, 2021

During peak season following some parcel shipping best practices will be the best solution for avoiding potential frustrations that usually accompany this time of year. By using parcel shipping practices this peak season, that expectation can still be reached without added stress. Reduce Stress by Leveraging Zone-Skipping.

Shipping 52

Shipping Price Reduction Inventory Reduction Cost Reduction Strategies 52

Ware2Go

FEBRUARY 2, 2022

Learn how fast shipping promises drive top of funnel purchase decisions and how merchants of all sizes can make fulfillment a competitive advantage. When Amazon Prime launched in 2005, 2-day shipping was a novelty and what Jeff Bezos himself said felt like “an indulgent luxury”. Fast Shipping in 2022. A Look Back.

Shipping 98

Shipping Purchasing Skills Negotiating Skills Warehousing 98

Logility

AUGUST 4, 2022

Your ship’s come in! Much of the merchandise languishing aboard cargo ships stuck in ports around the world during the pandemic-fueled supply chain crisis has made it to store shelves. That’s up from 11% at the end of November 2021. ” Understanding the Impact of Pricing and Promotion on Inventory.

Price Reduction 130

Price Reduction Inventory Reduction Analysis Resource Reduction 130

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

ToolsGroup

JUNE 15, 2021

BOSTON (June 16, 2020) – Supply & Demand Chain Executive , the only publication covering the entire global supply chain, selected Polaris to receive a “Top Supply Chain Projects Award for 2021” for its project with ToolsGroup. Inventory was reduced by 15 percentage points. Planner productivity significantly improved.

ToolsGroup 120

ToolsGroup Optimal Sourcing Supply Chain Planning Software Supply and Demand 120

Enterra Insights

NOVEMBER 23, 2021

Much of the finger-pointing involved the movement of shipping containers into and out of port facilities. For the supply chain to work smoothly, a complex and highly choreographed dance, involving both full and empty shipping containers, must be performed. More than 80 ships stretched to the distance — a new record. ”[1].

Supply Chain Design Software 130

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

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. products on the platform warned it would ship after Christmas. products on the platform warned it would ship after Christmas. DHL Group does not operate ships but it uses them to transport containers.

Logistics Network Optimization Software 257

Logistics Network Optimization Software Price Reduction Inventory Reduction Resource Reduction 257

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. Making the most of every shipping container.

Inventory Reduction 52

Inventory Reduction Shipping Inventory Modeling 52

Unleashed

NOVEMBER 10, 2021

UK electronics manufacturers have seen a sales revenue lift of 30% in 2021 vs 2020, outpacing the average performance of manufacturers of 24%, according to data from a soon-to-be released Unleashed State of Manufacturing report. Average gross profit margin , 2021 Again, these figures are a positive sign for electronics manufacturing.

Manufacturing Procurement 98

Manufacturing Procurement Electronics Manufacturing Inventory Management Software 98

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. CPI rate in October 2021.

Purchasing Skills 156

Purchasing Skills Analysis Cost Reduction Strategies Freight 156

Freightos

JUNE 15, 2021

You’ve seen the Suez Canal memes, you know furniture is taking way longer than usual to get to your door, and you may have even heard about Pelotons shipped by air to reduce delivery times. While the cure for COVID is well on its way, there is no vaccine for what’s afflicting container shipping. But that’s changed. Logistics is global.

Global 396

Global Supply Chain Price Reduction Supply and Demand 396

Supply Chain Game Changer

JULY 2, 2021

Shipping container shortage article and permission to publish here provided by Sam White at Argentus. The massive global shipping squeeze. In their story about the shipping shortage, the CBC quoted shipping analyst Alan Murphy, who detailed how this changing demand has massively disrupted the global shipping market.

Shipping 105

Shipping Agile and Lean Supply Chain Supply and Demand Price Reduction 105

The Logistics of Logistics

JUNE 23, 2022

When asked what peak season is, it’s easy to assume the holidays are the only peak shipping season. However, four shipping seasons occur throughout the year and are often regular and expected. That was the case until the ongoing disruptions of the past few years changed the shipping game. Q2: The Produce Shipping Season.

Supply Chain Planning Software 237

Supply Chain Planning Software Supply Chain Planning Scenario Planning Retail 237

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

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Supply Chain Game Changer

SEPTEMBER 1, 2021

Drop Shipping Teddy Bears! A successful new business model has come to the forefront, and it doesn’t require you to have an inventory. It is easy to learn how to manage an e-commerce store without the extra work required to stock and ship goods. How You Can Manage Your E-Commerce Store With No Inventory. Drop shipping.

Inventory Reduction 87

Inventory Reduction Inventory Supply Chain Design Software Logistics Network Optimization Software 87

Unleashed

SEPTEMBER 30, 2021

Vendor managed inventory (VMI) – when executed well – can be an efficient and cost-effective system for managing the supply of goods. Learn more: What is Inventory Management? Techniques for 2021 What is vendor managed inventory? How does vendor managed inventory work?

Vendor Strategies 98

Vendor Strategies Inventory Reduction Inventory Inventory Management Software 98

Supply Chain Shaman

SEPTEMBER 5, 2022

Inventory Is an Egregious Symptom of Supply Chains Gone Wrong. Today, inventory fire sales abound. Headline news included Wal-Mart, Target, Kohl’s and Macy’s struggling with inventory bloat and offering deep discounts. Wall Street Journal Headline on Retailers Using Containers to Store Excess Inventories. My take away?

Supply Chain Planning Software 235

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

Arkieva

OCTOBER 19, 2021

Shipping containers are in short supply, or perhaps a better way to say it is that they are waiting to be unloaded or loaded resulting in a shortage. The Ongoing Shipping Container Shortage and Possible Effects on Tomorrow’s Supply Chain was first posted on October 19, 2021 at 7:55 am.

Shipping 78

Shipping Supply Chain Planning Supply and Demand Supply Chain 78

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

Freightos

SEPTEMBER 14, 2022

The low rates that triggered Hanjin’s bankruptcy in 2017 quickly became a thing of the past, as surging demand, congestion, and a litany of global shipping catastrophes pushed ocean freight rates into the stratosphere. While high, the shipping costs typically paled in comparison to the lost sales due to inventory shortages.

Logistics 156

Logistics Cargo Comparison Freight 156

The Logistics of Logistics

APRIL 19, 2023

About Dusty Holcomb Dusty Holcomb joined “The Herd” at Red Stag Fulfillment in May 2021. Specializing in ecommerce order fulfillment and inventory management services, the company operates multiple warehouse facilities with over 1 million square feet of space across the United States. 5000 list of fastest-growing companies.

Logistics Network Optimization Software 219

Logistics Network Optimization Software Third Party Logistics Tennessee Inventory Management Software 219

Unleashed

FEBRUARY 15, 2021

From the continuing impact of the global pandemic to the ever-increasing importance of ‘transparency technology’ and sustainable practices, the food industry has its work cut out for it in 2021. So if you have a thirst for knowledge, here’s all you need to know about food industry trends for 2021. Consumer trends in food industry.

Food 93

Food Trends Industrial Industry 93

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

Unleashed

JUNE 7, 2023

Inventory optimisation is the process that enables efficient inventory management. In this guide, we define inventory optimisation and offer a few actionable tips and strategies for getting it right every time. In this inventory optimisation guide: What is inventory optimisation?

Inventory Management Software 52

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

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

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 247

Manufacturing Procurement Optimal Sourcing Inventory Reduction Supply and Demand 247

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. And now on to this week’s logistics news. general merchandise stores expanded 1.2

Negotiating Skills 202

Negotiating Skills Pricing Training Jordan Purchasing Training 202

Logistics Bureau

DECEMBER 4, 2023

Inventory management is a crucial aspect of supply chain management, and effective strategies can help businesses reduce costs, improve customer service, and increase profits. But what does a great inventory management strategy look like? But consider, too, how you can turn those needs to your advantage in inventory management.

Inventory Reduction 72

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Logistics Viewpoints

OCTOBER 2, 2023

In that study, FourKites 2021 revenues were estimated to be $65 million. Elenjickal points out that there is a difference between transportation visibility – where the truck or plane or ship is, inventory visibility – visibility to where stock keeping units are located across the end-to-end network, and order visibility.

Real-time Visibility 218

Real-time Visibility Supply Chain Visibility Inventory Reduction Agile and Lean Supply Chain 218

Supply Chain Game Changer

SEPTEMBER 15, 2021

Featuring Our 10 Best Inventory Management Articles! Inventory management is a holistic and logical methodology for handling both raw materials and finished products. Raw material inventory management represents a vital stage in the successful supervision of any manufacturing company’s supply chain. Subscribe Here!

Inventory Management Software 92

Inventory Management Software Manufacturing Procurement Inventory Management Supply Chain Planning Software 92

Intelligent Audit

SEPTEMBER 8, 2021

In today’s volatile transportation and shipping industry, parcel carriers maintain a significant advantage over other transportation service providers — a peak season e-commerce strategy. The State of E-Commerce Peak Season in 2021. Peak season e-commerce for 2021 may well offer more significant increases than ever.

Inventory Reduction 52

Inventory Reduction Cost Reduction Strategies Price Mitigation Strategies Supply Chain Strategy 52