The Logistics & Supply Chain Management Society

AUGUST 14, 2023

Breaking Boundaries: Exploring Generative AI’s Impact on Supply Chains Supply chains encompass many interconnected activities, from procurement, production, and inventory management, to logistics and distribution. It can then generate new content using prompts that resemble the original training data.

Optimal Sourcing 244

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Modeling 244

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

Agile and Lean Supply Chain Supply Chain Software Supply Chain Planning Software Trends 78

Freightos

NOVEMBER 7, 2023

More Resources Home November 7, 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. America weekly prices increased 21% to $5.72/kg

Negotiating Skills 286

Negotiating Skills Price Reduction Vendor Strategies Cost Reduction Strategies 286

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.

Manufacturing Procurement 52

Manufacturing Procurement Global Procurement Analytics Myanmar 52

Ware2Go

FEBRUARY 20, 2023

Ahead, we’ll explore the latest supply chain trends for 2023 to keep your business ahead of the curve. These solutions often use real-time data and analytics to optimize the flow of goods and information throughout the supply chain. What is a Digital Supply Chain Solution?

Optimal Sourcing 98

Optimal Sourcing Supply Chain Software Supply Chain Planning Software Supply Chain Optimization 98

Freightos

DECEMBER 19, 2023

More Resources Home December 19, 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. Europe – N. Asia – N.

Negotiating Skills 224

Negotiating Skills Asia Europe Optimal Sourcing 224

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. All rights reserved.

Supply Chain Design Software 40

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

Freightos

DECEMBER 28, 2023

More Resources Home December 28, 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. China – N. Europe – N.

Negotiating Skills 194

Negotiating Skills Price Reduction Asia Vendor Strategies 194

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. Signup Now.

Logistics 156

Logistics Cargo Comparison Freight 156

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. Canada or Mexico. Prediction Implications.

Predictive Analytics Software 52

Predictive Analytics Software Resource Reduction Cost Reduction Strategies Manufacturing Procurement 52

Logistics Viewpoints

OCTOBER 2, 2023

The interview occurred during athe FourKites Visibility 2023 user conference on September 7th in Chicago. FourKites believes they have the largest repository of supply chain data in the world. To get visibility to whether a load will be on time and in full, a lot more data is required. What accounts for FourKites Growth?

Real-time Visibility 219

Real-time Visibility Supply Chain Visibility Inventory Reduction Agile and Lean Supply Chain 219

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

Freightos

JANUARY 3, 2024

More Resources Home Red Sea and Suez Canal Shipping Crisis Update Judah Levine Optimize your logistics tendering, vendor selection, negotiations, and procurement with Freightos Data Book a Demo Even with an international naval force in place, Houthi attacks on commercial vessels in the Red Sea continue. Europe prices decreased.

Shipping 303

Shipping Negotiating Skills Asia Yemen 303

crisp

FEBRUARY 14, 2023

Food Logistics has named Barry Bradley, Head of Supply Chain at Crisp, as one of their 2023 Rock Stars of the Supply Chain. A day of transit saves millions of dollars over the course of a year, when you’re talking about all the inventory being shipped,” he explains. “[So]

Food 52

Food Logistics Network Optimization Software Supply Chain Waste Reduction 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. Each relationship adds risks like data security, privacy, and fraud. All rights reserved. All rights reserved.

Supply Chain Planning Software 52

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

Logistics Viewpoints

DECEMBER 5, 2022

Those industries include data communications, medical, industrial, automotive and consumer electronics. Yes, SAP had inbound ASN’s (advanced ship notices). In one major case in 2017, the Hanjin Shipping company was declared bankrupt by South Korean courts. But they were very basic. We had a competitive advantage.

Agile and Lean Supply Chain 196

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

Exiger Perspectives

JUNE 21, 2023

Exiger , the SaaS company revolutionizing the way corporations, government agencies and banks manage supply chains, today announced that it has received a 2023 Top Supply Chain Projects Award from Supply & Demand Chain Executive for the innovative work Oshkosh Corporation and Exiger accomplished.

Supply Chain Planning Software 52

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

Supply Chain Matters

JANUARY 9, 2023

Data cited from Goldman Sachs indicates that fourth quarter 2022 prices of the company’s two memory lines are projected to have fallen by upwards of 30 percent. Rival memory ship producer Micron Technology indicated in November that quarterly revenues dropped by nearly half and prompting plans to reduce supply in 2023.

Electronics 52

Electronics Supply Chain Network Software Supply Chain Planning Software Supply Chain Software 52

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. Stakeholders track purchase price variance to understand procurement spend and quantify its efficiency.

Purchasing Skills 98

Purchasing Skills Procurement Analytics Negotiating Skills Negotiate Pricing 98

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 217

Supply Chain Planning Software Modeling Supply and Demand Supply Chain Software 217

ShipBob

FEBRUARY 6, 2023

To make this happen, businesses need to take advantage of technology solutions that allow them to seamlessly share data, communicate, and execute different warehousing tasks. From platforms that simplify data exchange to tools that support storage and retrieval, these latest warehouse technologies allow for better automation and efficiency.

Inventory Management Software 52

Inventory Management Software Supply Chain Planning Software Optimization Software Predictive Analytics Software 52

Resilinc

APRIL 17, 2024

While it may seem smart to simplify procurement and lower costs, single sourcing can actually expose businesses to risks that can jeopardize their operations and bottom line. Single sourcing and sole sourcing are two different procurement strategies in supply chain management. What is single sourcing and sole sourcing?

Sourcing Strategies 78

Sourcing Strategies Optimal Sourcing Manufacturing Procurement Negotiate Pricing 78

Supply Chain Matters

FEBRUARY 14, 2024

Shipping Lines Warn Red Sea Security Continues to Deteriorate Bloomberg reported last week that the CEO’s of two major shipping lines, which being Maersk and Norden, have both of the view that the security threat level of shipping traversing the Red Sea to and from the Suez Canal has continued to escalate. That compares to $9.8

Transportation 52

Transportation Supply Chain Planning Software Panama Supply Chain Software 52

ShipBob

FEBRUARY 3, 2023

Retail KPIs give a business real data on its productivity, efficiency, costs, and more. Peter Liu, Co-Founder of RIFRUF They can help you make better business decisions Having accurate data on retail performance is crucial when it comes time to make big business decisions.

Procurement Analytics 52

Procurement Analytics Metrics Retail Inventory Reduction 52

Supply Chain Matters

NOVEMBER 14, 2023

This particular update includes reports of additional production worker wage hikes among certain global automakers along with reinforcement data that this year’s holiday seasonal hiring levels are at a ten year low. This report cites data from the U.S.

Supply Chain Design Software 52

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Cost Reduction Strategies 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

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. 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

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

QAD

MAY 23, 2023

It’s easy to forget about where materials come from when you’re holding a product in your hand or looking for a supplier that can offer a great deal and reliable shipping, but many of those items come with ESG implications. Compliance appears to be a significantly larger driver for sustainable procurement than ethics or consumer demand.

Procurement Solutions 94

Procurement Solutions Supply Chain Planning Software Supplier Management Modeling Software 94

Supply Chain Matters

APRIL 5, 2024

percentage points higher that the December 2023 ending value. percentage point increase over the average of Q4-2023. Commenting on the March data, Timothy Fiore, Chair of ISM’s Manufacturing Business Survey Committee indicated in-part: “ Demand remains at the early stages of recovery, with clear signs of improving conditions.

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Manufacturing Global 52

Freightos

NOVEMBER 7, 2023

In this blog post, I describe the different paths these modes took and where things stand at the close of 2023. Now, just five years later, we exceeded a rate of 1 million eBookings per year in Q3 2023, mostly airline eBookings. It is indeed “A Tale of Two Modes,” each with its own story, pace, successes, and snags.

eBook 216

eBook Optimal Sourcing Negotiating Skills Cargo 216

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

Supply Chain Shaman

JUNE 29, 2022

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. Today, we have an additional factor with inflation to add to the mix of issues, that changes the requirements for the “buy plan in procurement.” The port of Los Angeles shows a slowdown.

Supply Chain Design Software 251

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Pricing Training 251

Supply Chain Matters

AUGUST 7, 2023

Supply Chain Matters highlights additional developments, evidence and added signs that reinforce that there will be no peak holiday focused surge in transportation and logistics in the latter half of 2023. A similar acknowledgement came from the CEO of global shipping and logistics services firm A.P. There were 1.96

Logistics Network Optimization Software 52

Logistics Network Optimization Software Transportation Logistics Warehousing 52

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

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. Inventory Management. Another area where RPA is coming to the fore is in communication.

Supply Chain Software 246

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

American Global Logistics

DECEMBER 7, 2022

On a daily basis, these changes facilitate agility that quick, data-based decisions enable to avoid or mitigate unforeseen disruptions. Likewise, ships could not sail into or out of Russia and Ukraine. Cargo capacity exacerbated inventory shortages in the first half of 2023.

Russia 52

Russia Inventory Reduction Price Reduction Agile and Lean Supply Chain 52