The Logistics & Supply Chain Management Society

DECEMBER 21, 2021

As we look forward to 2022 and beyond, the overall guidance must be “prepare for anything.” IDC expects spending on Digital Transformation (DX) on the top 5 use cases – smart warehousing, freight management, optimized operations, supplier network management, and predictive network inventory orchestration – to hit USD $33Bn in 2022.

Predictive Analytics Software 246

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Talking Logistics

JUNE 10, 2022

Read more Above the Fold: Supply Chain Logistics News (June 10, 2022). The post Above the Fold: Supply Chain Logistics News (June 10, 2022) appeared first on Talking Logistics with Adrian Gonzalez. How could he have been only 9 years older than me? I’ve been listening to Depeche Mode since 8th grade, surely Andy.

Supply Chain Software 204

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Logistics Bureau

JANUARY 11, 2022

What will you focus on in 2022 to improve your Supply Chain? Short Term fixes might focus more on policies, like customer service or inventory. Meanwhile, Medium Term might be more on things like sourcing, freight or logistics outsourcing. Or maybe analysing cost to serve.

Supply Chain 79

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Ware2Go

JUNE 20, 2023

See the latest insights on ocean freight rates and other trends that fast-growing businesses should know about to plan for 2023 peak season. In this article: Ocean Freight: Key Stats & Industry News Ocean Freight Shipping: What to Watch For In 2023 Freight Shipping From China & Alternatives What Are The Current Ocean Freight Rates?

Negotiating Skills 98

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Zipline Logistics

JANUARY 4, 2022

For the second consecutive four-quarter period, the freight market faced continual capacity challenges as the global supply chain wrestled with the effects of the COVID-19 outbreak. Will these forces continue to play a part in the freight market in the coming year? And what could come into play in 2022? billion on Black Friday.

Freight 52

Freight Purchasing Skills Procurement Analytics Agile and Lean Supply Chain 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.

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Manufacturing Procurement Optimal Sourcing Inventory Reduction Supply and Demand 243

Supply Chain Game Changer

SEPTEMBER 21, 2022

10 Tips To Be A Successful Freight Broker! The Supply Chain industry provides vast employment opportunities, from procurement to warehouse inventory, management, and shipping. The terms freight broker and freight agent are often confused in the cargo and shipping sector. What Does A Freight Agent Do?

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Negotiating Skills Freight Purchasing Skills Optimal Sourcing 96

Freightos

JANUARY 15, 2024

The implication for global freight beyond the now typical uncertainty is predictably elevated operational costs and soaring freight rates. This optimism is buoyed by the fact that 55% of importers have their inventories in check, anticipating a stronger freight demand in the coming year.

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Negotiating Skills Optimal Sourcing Price Reduction Vendor Strategies 285

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. percent versus in 2022, where 17.6 In 2022, the company shifted away from national fulfillment to a regionalized network model. By September 2022, it was back to pre-pandemic levels.

Logistics Network Optimization Software 257

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The Logistics of Logistics

SEPTEMBER 25, 2023

He has extensive experience in the industrial supply chain and distribution space, as he was recognized as a Supply Chain Pros to Know by Supply and Demand Chain Executive in 2021, 2022, & 2023. For manufacturers: Optimizes inventory and harmonizes data to reduce costs, improve visibility, and make better sourcing decisions.

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Ware2Go

JANUARY 10, 2022

The 2021 holiday shopping season was characterized by high freight rates, elevated lead times , and over-crowded warehouses. Many merchants were concerned about having enough inventory to meet demand, and consumers wondered if they would be able to secure holiday gifts for loved ones. Big Picture Thinking.

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Inventory Reduction Cost Reduction Strategies Expense Reduction Price Reduction 52

Supply Chain Matters

APRIL 7, 2023

freight rates have reached their lowest levels in nearly six years. In essence, it is confirmation of a freight recession condition. That is not good for retailers and manufacturers, each under the looking glass to reduce not only transportation but also inventory carrying costs. All rights reserved. The post U.S.

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Unleashed

NOVEMBER 1, 2021

We’ve read the market reports, trawled the internet and identified key areas of change, and here we break these down for you with 10 of the major trends we expect to see in this industry in 2022 and beyond. Any B2B business that still relies on sales reps, in-person meetings and phone calls may see itself fall behind as we move past 2022.

Supply Chain Planning Software 98

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Logistics Viewpoints

FEBRUARY 2, 2024

UPS is seeking alternative strategies for its truck brokerage business, which has seen sales plummet amid a freight recession marked by declining rates and over capacity. More than $728 million is on the way to communities around the nation to bolster intermodal freight infrastructure. And now on to this week’s logistics news.

Cost Reduction Strategies 233

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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 It also led to inventory excesses. To adapt, the U.S.

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Elementum

JUNE 30, 2022

Supply Chain Market Report – July 2022 This edition will cover: The signs of looming stagflation How executives can prepare their supply chains The imminent problem of staffing shortages The latest use of drones in supply chain Notable changes in the leadership ranks. If there are topics you’d like us to cover, email info@elementum.com.

Procurement Analytics 78

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Logistics Bureau

OCTOBER 24, 2022

Since we promised to update you regularly, we’ve collated some of the latest stories from the world of freight shipping, warehousing, logistics services, and supply chain technology, so that you can keep your finger on the pulse of the fast-changing logistics landscape. How retailers are reevaluating post-pandemic inventory strategies.

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CH Robinson Transportfolio

DECEMBER 15, 2021

However, in early 2022, shippers will also be juggling potential delays from the Winter Olympics which will be hosted in Beijing throughout February. As you prepare for 2022, consider what different modes, trade lanes, or inland transportation strategies you can implement in your supply chain. In fact, C.H.

Sourcing Strategies 64

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BlueYonder

NOVEMBER 14, 2022

The entire world is gearing up for the 2022 FIFA World Cup , held in Qatar from Nov. Today’s AI- and ML-enabled solutions are positioning companies to master four key supply chain challenges associated with the 2022 World Cup: Agile demand planning at the speed of change. The post The Real Winner at the 2022 World Cup?

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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.

Negotiating Skills 202

Negotiating Skills Pricing Training Jordan Purchasing Training 202

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.

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Supply Chain Matters

AUGUST 11, 2022

The Ferrari Consulting and Research Group shares a Part Three commentary addressing our mid-year assessment of published 2022 Predictions for Industry and Global Supply Chains made available at the beginning of 2022, and specifically addressing supply chain cost inflation implications.

Predictive Analytics Software 52

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Intelligent Audit

MARCH 23, 2022

“Demand was greater than available inventory” was a common theme in many retailers’ earnings announcements in early Q1 of 2022. After a strong start to the quarter in inventory receipts and product sell-through, we experienced unexpected inventory receipt slides in key categories due to extended port and transportation delays.

Supply Chain Planning 52

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

Freightos

OCTOBER 31, 2022

But then global freight kicked in. . It really got tricky when we hadover thousands of unitsin production and were starting to book freight and suddenly realized that the cost of freight was almost 4 or 5X what we had budgeted. By the time they peaked in June 2022, they were over 30% higher than pre-COVID.

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Supply Chain Planning Software Supply Chain Planning Supply and Demand Supply Chain 156

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.

Inventory Reduction 59

Inventory Reduction Cost Reduction Strategies Warehousing Price Reduction 59

Supply Chain Matters

APRIL 7, 2022

In a prior published commentary, we provided highlights of March and Q1-2022 global production indices along with their implications. We now add highlights of March and Q1-2022 key global transportation and logistics indices. Trucking disruptions in these areas threaten the flow of inbound and outbound inventory. .

Global Transportation 52

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The Logistics & Supply Chain Management Society

AUGUST 19, 2022

With regard to IoT, DB Schenker is equipping classic logistics infrastructure like freight containers, trucks, or department stores with sensor technology to systematically record all data points of a logistics shipment. One solution to this problem is centralized distribution and real-time inventory management. Supply Chain 4.0

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Logistics Viewpoints

MAY 27, 2022

North American Transborder Freight up 23.8% in March 2022 from March 2021. The more cautious outlook is driven by wage and inflationary pressures, as well as increased freight costs. The US Department of Transportation reported that transborder freight between the U.S. billion of freight, up 15.7% billion, up 23.8%

Logistics Network Optimization Software 250

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Supply Chain Matters

MAY 22, 2023

freight and logistics industry continues to mitigate recessionary conditions including the April 2023 Logistics Manager Index reaching its lowest level lowest level in six years and one-half years. freight, logistics and parcel movement industry. Freight rate reportedly fell 37 percent. The LMI has now declined 6.7

Negotiating Skills 52

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Turvo

NOVEMBER 16, 2021

During the holiday shopping season, sky-high ocean freight rates are major contributors that will strain the industry and shoppers alike. Other intermittent bottlenecks such as port shutdowns and freight policy changes will add to the shipping industry’s woes. Stocking up on the inventory is the need of the hour.

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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.

Optimal Sourcing 162

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GlobalTranz

MARCH 17, 2022

The manufacturing industry faces many challenges, such as a skilled labor shortage, supply chain instability, and inventory management issues. And moving materials and products was made difficult, especially at the start of the pandemic, due to closed borders, limited air freight, and driver shortages.

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The Logistics of Logistics

AUGUST 14, 2023

They have achieved significant recognition in the market, including being named a Leader in the Gartner Magic Quadrant and ranking #1 on FreightWaves’ FreightTech 25 for 2022. It offers global and multimodal connectivity, allowing supply chain and logistics professionals to track inventory across various modes of transportation.

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Intelligent Audit

DECEMBER 13, 2021

ports will continue well into 2022. General rate increases are expected to be higher than in the past as shippers and carriers attempt to balance costs and expenses during ongoing recovery as we saw just last week with Central Freight Lines going bankrupt after 96 years and laying off over 2,100 employees.

Shipping 52

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Intelligent Audit

JANUARY 11, 2022

The state of supply chain tech in 2022, or supply chain technology, will be one for the record books. That’s why it’s important to have an objective view of what’s happening to supply chain tech in 2022 and what it means for your organization’s future. The Foundation of Supply Chain Tech: The Supply Chain as a Service Will Get Bigger.

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Intelligent Audit

NOVEMBER 22, 2022

Recent inventory corrections have caused carrier volumes to stagnate, frustrating carriers and highlighting hopes for volume normaliza t ion in 2023. As Niall van de Wouw, Chief Air Freight Officer at Xeneta, told Supply Chain Dive, “We are six weeks away from Christmas, and there is no indication there will be a peak.”. Roughly 2.5%

Turkey 52

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Intelligent Audit

MAY 26, 2022

In an industry that has become so essential and dominant, it would make sense to assume all carriers and truckers follow a shipping freight costs standard for bill payment. However, there is no all-encompassing standard; freight costs can vary significantly based on several factors. What Affects Shipping Freight Costs ?

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