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

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. Some major ocean carriers have also announced new fees for goods shipped on the route as of June 1 in response to the canal restrictions.

Negotiating Skills 202

Negotiating Skills Pricing Training Jordan Purchasing Training 202

Freightos

AUGUST 29, 2023

Blog " * " indicates required fields Email * More Resources Home August 29, 2023 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market.

Price Reduction 264

Price Reduction Asia Europe Resource Reduction 264

Resilinc

DECEMBER 21, 2023

Understand how the recent Red Sea ship attacks are impacting global supply chains and how to mitigate potential risks. Ships are avoiding Egypt’s Suez Canal, the shortest maritime route from Europe to Asia and one of the world’s most important waterways, which accounts for about 12% of the world’s shipping traffic.

Supply Chain Planning Software 61

Supply Chain Planning Software Shipping Supply Chain Software Logistics Network Optimization Software 61

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.

Predictive Analytics Software 52

Predictive Analytics Software Supply Chain Planning Software Supply Chain Software Cost Reduction Strategies 52

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. OCEMA”) , an industry association consisting of 10 major international container shipping companies.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Prescriptive Analytics Software 52

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.

Los Angeles 222

Los Angeles Material Savings Logistics Network Optimization Software Waste Reduction 222

The Logistics & Supply Chain Management Society

OCTOBER 15, 2023

The Approach to Effective Freight Procurement by LSCMS Shippers’ Council Container shipping procurement faces a multitude of challenges shaped by global events, industry shifts, environmental mandates, and technological advancements. It serves as the compass guiding shippers toward efficient, economical, and dependable cargo transport.

Optimal Sourcing 130

Optimal Sourcing Procurement Sourcing Strategies Freight 130

ToolsGroup

APRIL 1, 2022

Increased Shipping Costs, Delays, and Transportation Issues. Dealing with the Shipping Container Crisis. Such measures include communicating with suppliers and customers , using demand shaping to overcome inventory shortages, seeking additional suppliers, and building more onshore facilities. Material Handling & Logistics ).

Material Savings 207

Material Savings Purchasing Skills Supply Chain Planning Software Manufacturing Procurement 207

Resilinc

AUGUST 30, 2023

What’s happening in the Panama Canal 2023? Two weeks ago, 160 ships were stuck waiting to pass through the canal, carrying everything from auto parts, Barbie dolls, and diabetes test kits, according to Reuters. Some ships were delayed by as much as 21 days. The ACP also implemented “Condition 3” until September 2, 2023.

Panama 62

Panama Modeling Supply Chain Planning Software Supply Chain Optimization 62

Freightos

JULY 11, 2023

Blog " * " indicates required fields Email * More Resources Home July 11, 2023 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market.

Negotiating Skills 156

Negotiating Skills Asia Europe Canada 156

ModusLink Corporation

JANUARY 24, 2024

A container ship passes beneath a suspension bridge as it departs for Europe. Introduction: In 2023, approximately 24,000 vessels plied the Red Sea passage, constituting around 10% of global seaborne trade by volume, according to Clarksons, a shipbroker. This update explores essential strategies.

Supply Chain Planning Software 78

Supply Chain Planning Software Sourcing Strategies Supply Chain Strategy Supply Chain Planning 78

Cathy Roberson

MARCH 20, 2023

Retailers and wholesalers are bringing in fresh inventories to stir springtime sales. Indeed, many retailers noted success in drawing down inventories during the holiday season. “We made progress on both our owned and retailed inventory in the fourth quarter but have more work to do. However, sales remain uncertain.

Inventory Reduction 82

Inventory Reduction Retail Price Reduction Vendor Strategies 82

American Global Logistics

MARCH 10, 2023

Movement of cargo seemed to come to a halt. 2023) INTERMODAL SHIPPING: “ Intermodal shipping means moving a product from one point to another while keeping the product in a single container. Increased availability of capacity (ships, planes, box cars, containers). Bloated, overstocked retailer inventories.

Logistics Network Optimization Software 52

Logistics Network Optimization Software 3PL Cost Reduction Strategies Supply Chain Software 52

Logistics Viewpoints

DECEMBER 5, 2022

Those shipments can move directly to customers or move to several regional distribution centers (DCs) that serve as forward inventory locations and consolidation hubs servicing customers and channel partners. In one major case in 2017, the Hanjin Shipping company was declared bankrupt by South Korean courts. But they were very basic.

Agile and Lean Supply Chain 196

Agile and Lean Supply Chain Rail Software Manufacturing Procurement Supply Chain Planning Software 196

Logility

FEBRUARY 7, 2023

What lies ahead in 2023 (and beyond) requires an intelligent supply chain strategy to help you automate and accelerate your allocation processes to ensure the right product assortments arrive in stores and back stock that’s held in distribution centers is right sized. Transportation and shipping issues aren’t the only problem, of course.

Optimal Sourcing 142

Optimal Sourcing Optimization Software Supply Chain Optimization Price Mitigation Strategies 142

Ware2Go

MAY 4, 2023

Drayage is the movement of a shipping container from a cargo import location, such as a port, to an end location (typically a warehouse ). Moving cargo efficiently is essential to the success of any supply chain, and drayage plays a vital role. However, global shipping creates the threat of gaps in inventory and shipping delays.

Cost Reduction Strategies 52

Cost Reduction Strategies Optimal Sourcing Expense Reduction Inventory Reduction 52

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. Supply Chain Matters highlights continued evidence that the U.S. That stated, there are some new signs of optimism. The LMI has now declined 6.7

Negotiating Skills 52

Negotiating Skills Inventory Reduction Cost Reduction Strategies Price Reduction 52

Supply Chain Matters

JUNE 13, 2023

freight and logistics industry continues to mitigate recessionary conditions and that was reinforced by the April 2023 Logistics Manager Index (LMI) reaching its lowest level lowest level in six and one-half years. The report indicates that ship owners are now expected to cancel sailings in addition to either idling or scrapping measures.

Survey 52

Survey Demand Planning Software Supply and Demand Panama 52

American Global Logistics

DECEMBER 7, 2022

We had a hangover from the pandemic: Which led to continued inventory shortages, closures of manufacturing plants in China, congested ports, and underemployment. Cargo planes could not fly out of or into Russia or Ukraine. Cargo planes could not fly out of or into Russia or Ukraine. It also led to inventory excesses.

Russia 52

Russia Inventory Reduction Price Reduction Modeling 52

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. YoY Volume Lapses Worry Air Cargo Companies. Experts Predict Lower Congestion, Labor Woes for 2023.

Turkey 52

Turkey Supply Chain Design Software Optimal Sourcing Price Reduction 52

The Logistics & Supply Chain Management Society

SEPTEMBER 14, 2021

IDC also forecasts that by 2023, 30 percent of Asian enterprises will ship freight using a SaaS-enabled platform, resulting in improved efficiencies in load matching and reduced shipping costs. This is achieved by AI and ML which delivers more accurate optimised inventory, minimising overproduction and potential errors.

Supply Chain Planning Software 223

Supply Chain Planning Software Supply Chain Software Modeling Software Forecasting Software 223

Ware2Go

APRIL 28, 2023

Dock-to-Stock time is the amount of time it takes for a product to arrive at a point of origin (like a warehouse ) and be stocked on the shelf, ready to ship. As soon as money is spent on inventory, the clock starts ticking. When inventory is moving fast, merchants face the threat of a stockout. Fewer stockouts.

Warehousing 52

Warehousing Forecasting Software Optimization Software Supply Chain Software 52

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 areas that will be deliberated in future articles are ocean shipping market landscape, freight procurement, reliability & visibility and the competitive landscape.

Risk Management 130

Risk Management Global Price Reduction Inventory Reduction 130

SCMDOJO

APRIL 15, 2024

Prime Membership: Amazon Prime – Subscription service offering benefits such as free two-day shipping, access to Prime Video, Prime Music, and exclusive deals. With a wide array of products stored in its fulfillment centers, Amazon can consolidate orders and optimize its inventory management systems.

Logistics Network Optimization Software 79

Logistics Network Optimization Software Inventory Reduction Sourcing Strategies Inventory Management Software 79

Supply Chain Matters

SEPTEMBER 6, 2022

The Wall Street Journal reported this week (Paid subscription or metered view) that ocean container freight rates related to the most active global shipping lanes continue to decline amid what is traditionally considered the peak shipping period leading up to the holiday fulfillment season in the November-December period.

Report 52

Report Global Scenario Planning Forecasting 52

BlueYonder

OCTOBER 29, 2021

ports have expanded their working hours, almost 200,000 shipping containers , with cargo worth more than USD 25 billion, remain on ships off the coast of Los Angeles as retailers scramble to ensure store shelves are stocked in time for the holiday season. While some critical U.S.

Real-time Visibility 58

Real-time Visibility Los Angeles Predictive Analytics Software Logistics Network Optimization Software 58

Cathy Roberson

MARCH 31, 2023

Retailers and brands are wringing out as much revenue as they can from costly inventories and returned merchandise. Throughout 2022 and into the holiday season, promotions were used to offload as much as possible of the front-end inventory to make way for new seasonal inventory. They also handle retailer-branded website setups.

Retail 52

Retail Modeling Logistics Network Optimization Software Modeling Software 52

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

Inventory Reduction Forecasting Cost Reduction Strategies Forecasting Software 96

Intelligent Audit

SEPTEMBER 28, 2022

According to FreightWaves, the FreightTech 100 2023 is “[…] a selection of the most innovative companies in the freight technology space.” Air Cargo Volumes Normalizing YoY, but Concerns Remain. The year-over-year drop in air cargo volumes seen in August follows more precipitous drops of 8% and 9% in June and July.

Price Reduction 52

Price Reduction Supply Chain Planning Software Industrial Industry 52

Intelligent Audit

DECEMBER 13, 2022

2, USPS revealed its latest delivery performance metrics for the eighth week of the first quarter of the fiscal year 2023. Peak-season shippers facing an inventory backlash are beginning to question just-in-time strategies that prioritize efficiency over all other transportation metrics. Amazon Expands Air Cargo Capacity.

Price Reduction 52

Price Reduction Waste Reduction Cost Reduction Strategies Inventory Reduction 52

Cathy Roberson

MAY 31, 2022

Last-mile shipping costs have steadily increased along with a number of surcharges to support increased demand. Flexibility Rules A 2020 survey from consulting firm Deloitte found that 83% of consumers expect flexible shipping and fulfillment options like BOPIS. According to 3PL provider AFS, the cost per package increased 3.5%

Puerto Rico 52

Puerto Rico Cost Reduction Strategies Inventory Reduction Logistics Network Optimization Software 52

Intelligent Audit

JUNE 30, 2022

Everything from a lack of capacity, manufacturing shortages, cost control difficulties, regional supply delays and disruptions, length and complexity of supply shipping routes, driver and worker shortages, rising costs and expenses, and COVID-related disruptions have contributed to the retail supply chain process today. . Retail Value Chain.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Software Supply Chain Optimization Supply Chain Planning Software 52

Cathy Roberson

NOVEMBER 28, 2022

“We’re still on the journey from four supply chains to two through the end of this year and looking to go from two to one in 2023,” Shepherd said. Catch my weekly column on air cargo, freight forwarding, and the express markets, and the occasional podcast on Air Cargo World. I wear a number of hats these days.

Retail 70

Retail Optimization Software Demand Planning Software Logistics Network Optimization Software 70

NC State SCRC

FEBRUARY 22, 2022

Inventory is piling up in warehouses. Retail ex auto inventories are an interesting situation. Seasonally adjusted, deflated inventories for retail (excluding automotive inventory) exploded upward in December. Executives I’ve spoken with emphasized how their warehouses are completely full of inventory.

Warehousing 52

Warehousing Supply Chain Supply and Demand Inventory Reduction 52

Cathy Roberson

AUGUST 17, 2021

By 2023, sales estimates are expected to climb to $26 billion. In 2020, it shipped about 239 million units globally. Understanding and analyzing data will play an important role in forecasting inventories, inventory placement, marketing spend, operations, transportation management, and more for each channel.

Retail 52

Retail Forecasting Software Supply Chain Network Software Demand Planning Software 52

crisp

JULY 12, 2023

As we speak, cargo vessel traffic is clearing up, shipping costs are returning to normal, and goods are more readily available in-stock. They now recognize that suppliers armed with real-time insights can deliver superior performance in terms of inventory management, order fulfillment, and meeting customer demands.

Real-time Visibility 52

Real-time Visibility Supply Chain Planning Software Supply Chain Planning Manufacturing Procurement 52