Logility

MARCH 16, 2023

In June 2022, U.S. Although inflation has slowed since then, it continued to climb in January 2023 , triggering fears that the Fed could keep raising interest rates throughout 2023. Higher interest rates and materials prices are increasing the costs of carrying inventory. inflation reached a 40-year high.

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Freightos

JANUARY 15, 2024

And the answer lies in how their 2023 went too. Navigating 2023’s Challenges and Looking Ahead While 2023 saw a general decrease in demand, with 60% witnessing a downturn, most attributed this to high inflation and a shift in consumer preferences. Most of these are nearly impossible to plan for.

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ModusLink Corporation

DECEMBER 13, 2022

With so much disruption fresh in mind, looking toward 2023 feels a bit more stable for every warehouse and distribution channel. However, the instability around the risk of recession remains, and knowing the top supply chain trends to watch in 2023 will help your organization prioritize operations and succeed.

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Freightos

JUNE 6, 2023

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. As Conor told us in a podcast episode from 2022: Pretty quickly we realized our costs were going to be about 30% higher than we thought. The key takeaway? One challenge appears to have been replaced with another.

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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. Last month, the company released its third annual “Brand Protection Report” and said it disposed of over 6 million counterfeit goods in 2022.

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Supply Chain Matters

JANUARY 17, 2023

The Ferrari Consulting and Research Group through its affiliate the Supply Chain Matters blog shares select individual prediction snapshots that are included in our annual 2023 predictions for industry and global supply chains research advisory. Background. Prediction Background. West Coast , and later, U.S.

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Supply Chain Matters

DECEMBER 13, 2022

The Ferrari Consulting and Research Group through its affiliate the Supply Chain Matters blog unveils a summarized overview of our annual prediction themes for industry and global supply chains for the year 2023 and beyond. We will then proceed into what we expect major themes to be in 2023. . Current Year 2022.

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Supply Chain Matters

JANUARY 8, 2024

Supply Chain Matters provides a further installment in our global supply chain assessment in the highlights on reported December 2023, Q3-2023, and full year global and regional production and supply chain PMI indices. Morgan Global Manufacturing PMI® ended 2023 on a noted lackluster footing. at the end of 2023.

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Enterra Insights

OCTOBER 13, 2023

The benefits of this model include cost reductions in storage and inventory. But, Paul Noble , founder and CEO of Verusen, explains, “It’s really what everyone did,” adding, “supply chain managers understood that that they were tying up their company’s working capital and warehousing space to keep excess inventory.

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Supply Chain Matters

JANUARY 10, 2023

The Ferrari Consulting and Research Group through its affiliate the Supply Chain Matters blog shares select individual prediction snapshots that are included in our annual 2023 predictions for industry and global supply chains research advisory. A published Future of Freight study sponsored by Deloitte in September 2022 indicated that U.S.

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American Global Logistics

DECEMBER 7, 2022

The new model being developed in 2022 is customer-centric and strategic in outlook and planning. We’ll look back to events in 2022 that show this transition and transformation in the making. We’ll examine the remaining five next week in our final post of 2022. #1 Likewise, ships could not sail into or out of Russia and Ukraine.

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EazyStock

JANUARY 6, 2023

The supply chain world has been rocked repeatedly over the past few years due to global issues such as the Covid-19 pandemic, shipping container shortages, catastrophic weather events, and socioeconomic issues – many outside our control. ABC/XYZ analysis can help identify the most valuable items to your business.

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EazyStock

JANUARY 6, 2023

The supply chain world has been rocked repeatedly over the past few years due to global issues such as the Covid-19 pandemic, shipping container shortages, catastrophic weather events, and socioeconomic issues – many outside our control. Supply chain issues. ABC/XYZ analysis can help identify the most valuable items to your business.

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Supply Chain Matters

FEBRUARY 23, 2023

Supply Chain Matters highlights the increasing realities of declining global trade and freight rates that are occurring in the first-half of 2023. Background Global wide transportation and logistics costs increased at unprecedented rates during 2021 and 2022. billion in 2022, the company estimated.”

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The Logistics & Supply Chain Management Society

OCTOBER 15, 2023

1 Your Input Channel In November 2022 my story To Realize the Circular Economy Dream – Reach Out to Your Community , I used the example of a company that takes bread crusts (a by-product of one industry) and uses it for making beer. Singapore for instance only really recycled 6% of the plastic collected in 2022.

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Supply Chain Matters

OCTOBER 10, 2023

In this October 10, 2023 2023 edition of Supply Chain Matters This Week in Supply Chain Technology we provide our capsule highlights of investments announced by supply chain management focused tech providers. The technology start-up secured $30 million in Series A funding in 2022. All rights reserved.

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Supply Chain Matters

MARCH 6, 2024

The recently completed 2023 holiday fulfillment period, along with 2023 full year performance are now providing added evidence of retail trending in all three dimensions. billion, reflective of lower merchandise markdowns and lower inventory, supply chain, and digital fulfillment costs. percent decline was offset by a 5.1

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Enterra Insights

APRIL 13, 2023

She reports, “Retailers like Best Buy, Party City, Walmart and Wayfair announced layoffs in 2022. And a recent survey from job site ResumeBuilder found 61% of companies expect more staff cuts in 2023. This may include in-store or curbside pickup of online orders (also called click-and-collect, or BOPIS) or shipping from stores.”

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Intelligent Audit

NOVEMBER 22, 2022

Despite carrier hopes, peak season 2023 is starting to look like a bust. Recent inventory corrections have caused carrier volumes to stagnate, frustrating carriers and highlighting hopes for volume normaliza t ion in 2023. Experts Predict Lower Congestion, Labor Woes for 2023. where port congestion has eased.

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Supply Chain Matters

DECEMBER 28, 2023

In early November, Supply Chain Matter’s highlighted the National Retail Federation’s (NRF) forecast of expected holiday spending to be in the range of a pre-pandemic level of between 3 percent and 4 percent over 2022 levels. percent increase reported for 2022 and an 8.5 percent in 2023. percent increase, with a 7.6

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Logistics Viewpoints

AUGUST 19, 2022

Grocery trade group prepares for 2023 launch of stricter food tracing regulations. For merchants using FBA, Amazon handles the process of picking, packing, and shipping items. 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.

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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.

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Supply Chain Matters

OCTOBER 12, 2022

In this Supply Chain Matters posting we highlight published September 2022 indices of global supply chain volatility ( GSPI ) and US Logistics Index ( LMI ) activity trends along with our view of the implications. In a prior Supply Chain Matters posting, we highlighted both September and Q3-2022 global and regional PMI indices.

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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. He later indicated to media sources that such trends would have an impact on global supply chains.

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ModusLink Corporation

SEPTEMBER 1, 2023

Consider global container shipping rates. Container rates in late July 2023 reached $1323 per TEU, significantly surpassing the late-2019 rates of $1236.87 Ocean shipping rates will remain high and unpredictable until the end of 2023, compared to pre-pandemic years, so shippers need to adjust and find new ways to succeed.

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ShipBob

FEBRUARY 3, 2023

As a retailer, so much of your time and energy goes into managing your inventory , streamlining your logistics, building partnerships, and curating the customer experience. You can use that when it’s time to reorder inventory, and not order as much of that SKU to save warehousing space and reduce inventory holding costs.

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Locus

AUGUST 2, 2022

2022, Statista. Managing delays and delivery exceptions successfully Minimizing risks in shipping and saving money on every delivery Reducing operational shipping expenses and maintaining high profits Maintaining consistency in delivering products on time Cutting down extra costs incurred due to high volume of returns.

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Supply Chain Shaman

OCTOBER 13, 2022

While shipping craziness is abating, the issues and implications of the Russian-Ukrainian war, energy shortages in China and Europe, food instability in Africa, and the global water crisis reverberate as disruption after disruption in the supply chain. Alignment in Organizations in the Summer of 2022. We are re-writing the rules.

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Supply Chain Matters

DECEMBER 27, 2023

This latest quarterly financial performance for the November 2023 ending quarter was headlined with total revenue of $22.2 CEO Raj Subramaniam specifically indicated: “ The inventory destocking phase has yet to begin in earnest.” © Copyright 2023, The Ferrari Consulting and Research Group and the Supply Chain Matters® blog.

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ModusLink Corporation

MARCH 30, 2023

Even more importantly, returns rates have hit their highest in the 2022 holiday shopping season. The lack of trackable return shipping options leads to difficulty tracking returns and can also make it difficult for the company to keep track of returns. Provide customers with a trackable return shipping option. Sick of Returns?

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ModusLink Corporation

NOVEMBER 23, 2022

In September 2022, Reuters reported that “FedEx (FDX.N), United Parcel Service (UPS.N) With the rising popularity of online ordering, the need for reliable digital shipping logistics and services is more vital than ever. Peak season is known as the time when retailers record significant hikes in sales ( DCL, 2022 ). NRF, 2022).

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BlueYonder

SEPTEMBER 7, 2023

In every role inventory availability and protecting the company’s assets was always critical. is a contributing factor, inaccurate inventory management process and systems remain a big driver of the out-of-stock problem globally. in the first quarter – primarily from inventory shrink. While increasing retail theft in the U.S.

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Logistics Viewpoints

SEPTEMBER 22, 2023

In a final piece of holiday news, USPS has said will not levy an extra delivery surcharge during the winter peak season, saying the decision makes USPS “the most affordable way to mail and ship this holiday season.” Although port volumes increased in August, demand remains lower as shippers continue to face excess inventory levels.

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Supply Chain Matters

JANUARY 3, 2024

The increased cost of working capital and supplemental inventory levels to mitigate fulfillment risk is likely to revert back to just-in-time inventory management. percent in 2022, to 3 percent in 2023, and consequently contract to 2.9 trillion (or five percent) compared to a record high level in 2022.

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Supply Chain Matters

MAY 3, 2022

The report further indicated that Inputs, expressed as supplier deliveries, inventories and imports, continued to constrain production expansion. That places the summer months, traditionally the ramp-up of global shipping to support holiday related product demand, at an increased peril of swamping ports. Bob Ferrari.

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Intelligent Audit

JUNE 30, 2022

But in the timeframe between 2020 to 2022, a volatile supply chain market showed the weakness in outdated, legacy supply chain execution built on rigid technology or lacking any accurate data that can improve overall decision-making. Inventory and Material Management Is Also Presenting New Challenges for the ? Retail Value Chain.

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ShipBob

MARCH 2, 2023

This includes: A detailed shipping policy , including returns Eye-catching product photos and important information An easy-to-search product catalog It’s not just about attracting the customer either — a strong ecommerce supply chain is key. And don’t forget ecommerce customer service.

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