Freightos

APRIL 25, 2024

e-commerce customers’ love for free shipping. ‘de minimis’ rule, which exempts imports under $800 from customs and makes brokerage fees minimal, they have shipped massive volumes via air cargo. kg in the latter half of 2022, before rebounding to above $5/kg by November 2023, largely driven by e-commerce demands.

Cargo 228

Cargo Cost Reduction Strategies Price Reduction Material Savings 228

Precoro

NOVEMBER 13, 2023

However, only 30% of CPOs claim they have achieved their cost-saving targets in 2023. One of the ways that procurement teams improve this figure is by tracking and improving the purchase price variance (PPV) metric. Why Is Purchase Price Variance Important?

Purchasing Skills 98

Purchasing Skills Procurement Analytics Negotiating Skills Negotiate Pricing 98

Supply Chain Shaman

DECEMBER 7, 2023

Today, I speak at the North American Manufacturing Association, Manufacturing Leadership Conference, in Nashville on the use of data to improve supply chain resilience. Improve cross-government data sharing and analyze resilience. Maximize the value of the purchase order flow data already in the existing networks. (A

Supply Chain Design Software 307

Supply Chain Design Software Supply Chain Planning Software Modeling Supply Chain Software 307

Logility

MARCH 16, 2023

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. What does all of this mean for manufacturers and distributors? More and more manufacturers will aim to control costs by casting a wider net for suppliers.

Network Design Software 130

Network Design Software Network Design Supply Chain Design Network Optimization 130

Arena Solutions

APRIL 4, 2023

The global manufacturing sector has seen an upswing, a technological renaissance of sorts. Since the start of 2012, more people graduating from college and universities are entering the engineering/manufacturing fields. The manufacturing sector has been severely impacted by this trend because production jobs are highly technical.

Manufacturing Procurement 73

Manufacturing Procurement Sourcing Strategies Inventory Reduction Cost Reduction Strategies 73

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. Global Production Continues to Contract Global-wide manufacturing levels as depicted in the J.P. declined 0.3

Manufacturing Procurement 52

Manufacturing Procurement Global Procurement Analytics Myanmar 52

ModusLink Corporation

SEPTEMBER 1, 2023

Procurement experts face transportation costs, customer demands, and high pressure on global container and air freight rates. Consider global container shipping rates. Container rates in late July 2023 reached $1323 per TEU, significantly surpassing the late-2019 rates of $1236.87 before the COVID lockdown ( Freightos ).

Optimal Sourcing 78

Optimal Sourcing Supply Chain Software Supply Chain Planning Software Manufacturing Procurement 78

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. Background. Prediction Background. Higher cost levels will need to be mitigated or reduced.

Predictive Analytics Software 52

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Unleashed

FEBRUARY 8, 2023

Product businesses are holding more stock than ever before, creating new cash flow problems for manufacturers. James Ewing: Procurement Manager at Renewable Parts Ltd. James Ewing: Procurement Manager at Renewable Parts Ltd. To counter these disruptions, manufacturers are resorting to carrying extra stock.

Manufacturing Procurement 98

Manufacturing Procurement Supply Chain Planning Software Optimal Sourcing Supply Chain Software 98

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.

Agile and Lean Supply Chain 78

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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. Listen to the full podcast interview here ) Source: Fort Of course, this stark reality was faced by many small and medium-sized businesses (SMBs) during the peak of the pandemic. to 0.85 (Source: ShipBob ).

Manufacturing Procurement 250

Manufacturing Procurement Optimal Sourcing Inventory Reduction Supply and Demand 250

crisp

OCTOBER 3, 2023

We’re providing insight on the retail trends surrounding the 2023 holiday season, and how businesses can leverage data-driven strategies to meet them head-on. As the retail industry prepares for the 2023 holiday season, it’s clear that this year will again diverge from the pre-pandemic norm.

Waste Reduction 52

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ToolsGroup

JULY 12, 2023

Retailers can now supercharge their OMS with Dynamic Fulfillment’s advanced optimization logic that reduces markdowns and shipping costs, improves margins, and satisfies customer SLAs. About ToolsGroup ToolsGroup’s innovative AI-powered solutions enable retailers, distributors, and manufacturers to navigate through supply chain uncertainty.

Optimal Sourcing 156

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Logistics Viewpoints

DECEMBER 5, 2022

The fact that most manufacturers struggled to achieve supply chain agility during COVID is not news. Those industries include data communications, medical, industrial, automotive and consumer electronics. Yes, SAP had inbound ASN’s (advanced ship notices). The Molex Supply Chain. The Molex global supply chain is complex.

Agile and Lean Supply Chain 196

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

Supply Chain Matters

DECEMBER 14, 2022

The Ferrari Consulting and Research Group through its affiliate, Supply Chain Matters blog unveils part two of a summarized overview of our annual prediction themes for industry and global supply chains for the year 2023 and beyond. Economic and Business Challenges Expected in 2023. Overall Themes for the Year 2023.

Supply Chain Software 52

Supply Chain Software Supply Chain Planning Software Cost Reduction Strategies Material Savings 52

QAD

MAY 23, 2023

The goal, from a manufacturing perspective, is clear: learn how to do more with less as efficiently as possible while maintaining profitability and complying with due diligence legislation. In a recent BearingPoint survey, a whopping 85% of companies attribute their move to sustainable procurement practices to government regulations.

Procurement Solutions 92

Procurement Solutions Supply Chain Planning Software Supplier Management Modeling Software 92

Supply Chain Matters

DECEMBER 4, 2023

Supply Chain Matters provides a further global supply chain assessment in the highlights and added insights on reported November 2023 global and regional production and supply chain PMI indices. Global Wide Manufacturing Activity Levels Global manufacturing activity as reported by the J.P. the highest value in six months.

Procurement Analytics 59

Procurement Analytics Manufacturing Procurement Report Global 59

Supply Chain Matters

JANUARY 3, 2024

However, the lessons garnered during the pandemic will likely drive inventory management toward less of a dependency on global-wide sourcing and more toward product postponement sourcing and customer fulfillment strategies. percent in 2022, to 3 percent in 2023, and consequently contract to 2.9 percent in 2024.

Predictive Analytics Software 59

Predictive Analytics Software Sourcing Strategies Manufacturing Procurement Supply Chain Strategy 59

Supply Chain Matters

APRIL 4, 2024

The report further indicated that Anthropic has committed to spend upwards of $4 billion on Amazon’s various Cloud infrastructure, data management software applications or custom graphics processor chips over the next five years. This added funding reportedly provides a cumulative $34 million raised to date.

Supply Chain Design Software 40

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software 40

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. With timely data, companies are able to make informed decisions and react quickly to continuously changing market dynamics, ensuring they stay agile and responsive.

Real-time Visibility 52

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

Supply Chain Shaman

OCTOBER 13, 2022

Investments in Data-Driven Capabilities May Not Yield Better Decisions. I also heard Michael Lewis, author of Moneyball, speak on using data to improve the odds of player selection in Baseball. I also heard Michael Lewis, author of Moneyball, speak on using data to improve the odds of player selection in Baseball. The reason?

Supply Chain Planning Software 219

Supply Chain Planning Software Modeling Supply and Demand Supply Chain Software 219

SCMDOJO

DECEMBER 28, 2023

According to a recent report by Global Web Index, modern shoppers distribute their attention across multiple social platforms and are increasingly likely to purchase products on their mobile devices. This approach enables faster order processing, reduces shipping expenses, and enhances customer satisfaction.

Supply Chain Planning Software 74

Supply Chain Planning Software Supply Chain Software Supply Chain Network Software Demand Planning Software 74

Enterra Insights

APRIL 13, 2023

And a recent survey from job site ResumeBuilder found 61% of companies expect more staff cuts in 2023. Digital technologies, like ERGIS, depend heavily on data collection and analysis. Fortunately, data is generally available. As the industry has evolved to accept this realization, it must also learn to properly utilize data.”[7]

Retail 130

Retail Price Reduction Supply Chain Planning Software ToolsGroup 130

ModusLink Corporation

MARCH 8, 2023

warehouse order picker packing and sealing cardboard box with tape for dispatch As shippers and importers, there are many factors to consider when packaging and shipping products. Despite declines in the shipping industry, rates are still higher than average, putting new pressure on packaging and distribution strategies. Consider this.

Material Savings 78

Material Savings Optimal Sourcing Packaging Resource Reduction 78

The Logistics & Supply Chain Management Society

SEPTEMBER 14, 2021

In fact, IDC predicts that manufacturers across Asia who digitally transform and accelerate sustainable innovation to improve supply chain operations, will increase their revenue by 20 percent in 2025. A connected supply chain breaks down data silos and consolidates data, plans and processes into one central platform.

Supply Chain Planning Software 223

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

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.

Predictive Analytics Software 52

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

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. These were exacerbated by shipping container shortages and delays in processing goods through ports.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software Supply Chain Software 52

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. These were exacerbated by shipping container shortages and delays in processing goods through ports.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software Supply Chain Software 52

Exiger Perspectives

JUNE 21, 2023

Award highlights Exiger’s AI solutions and their ability to drive supply chain visibility and operational resilience for advanced manufacturing customers. Within the initial six-week validation process, Exiger onboarded dozens of contract manufacturers, and today, over 40 Tier 1 fabricators have logged into SDX to validate their BOMs.

Supply Chain Planning Software 52

Supply Chain Planning Software Demand Planning Software Supply and Demand Supply Chain Software 52

Supply Chain Matters

JULY 25, 2022

Our stated belief was that the multi-industry supply chain challenges of 2021 would not abate and would linger in some cases into 2023. Restoring More Direct Control in Materials Sourcing. Special emphasis would be placed on semiconductor, high tech electronic components, certain deemed essential raw materials or other components.

Sourcing Strategies 59

Sourcing Strategies Manufacturing Procurement Material Savings Predictive Analytics Software 59

IQMS

AUGUST 9, 2019

By 2023, 30% of manufacturing companies with more than $5B in revenue will have implemented Industry 4.0 Blockchain’s greatest potential to deliver business value is in manufacturing. provide valuable insights into how blockchain can improve supply chains and manufacturing. no opt-in).

Manufacturing Procurement 48

Manufacturing Procurement Optimal Sourcing Manufacturing Pharmaceutical 48

Unleashed

FEBRUARY 1, 2023

This enables the company to manufacture and distribute its product in a way that, ideally, efficiently meets consumer demand. It ensures inventory is shipped in and held at the right level to match customer demand, even as those demands shift for various reasons. They must draw on all these factors to create a ‘demand plan’.

Supply and Demand 52

Supply and Demand Demand Planning Supply Chain Planning Software Demand Planning Software 52

RFgen

MARCH 22, 2023

As we venture further into 2023, supply chains must adapt to these ever-changing dynamics. In this article, we will explore the top 10 supply chain management challenges for 2023 and beyond, providing insights and strategies for overcoming these obstacles. These challenges are already significantly impacting supply chains in 2023.

Waste Reduction 52

Waste Reduction Material Savings Inventory Reduction Supply Chain Planning Software 52

The Logistics & Supply Chain Management Society

AUGUST 20, 2020

Gartner estimates that by the end of 2022, 85% of enterprises will have some form of RPA implemented in their business and Forrester calculates the RPA market will exceed a 50% CAGR by 2023, going from roughly $500 million to $2.8 Procurement. Purchase Order Management. Inventory Management.

Supply Chain Software 246

Supply Chain Software Supply Chain Planning Software Optimal Sourcing Agile and Lean Supply Chain 246

Supply Chain Shaman

JUNE 29, 2022

We have heard that there is a focus on near-shoring, reshoring, and local manufacturing. Building a fab (manufacturing site) takes two-to-four years and requires the availability of water and trained labor. For example, when I used to ship ice cream by reefer container to China from the west coast, the time on the ship was 12-18 days.

Supply Chain Design Software 256

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Pricing Training 256

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. Pharmacy: Amazon Pharmacy – Online service for purchasing prescription medications with home delivery.

Logistics Network Optimization Software 79

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

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. Transportation prices reportedly contracted for the tenth consecutive month, but authors pointed to a lessened rate in the April data.

Negotiating Skills 52

Negotiating Skills Inventory Reduction Cost Reduction Strategies Price Reduction 52