ToolsGroup

JULY 25, 2023

In the wake of disruption, interest in probabilistic forecasting and ToolsGroup’s acclaimed solutions began skyrocketing, spurring the search for additional resources to support the company’s increasing scope. At the same time, Lãberit had begun expanding its consulting services to organizations throughout the supply chain sector.

ToolsGroup 156

ToolsGroup Supply Chain Planning Software Supply Chain Software Forecasting Software 156

EazyStock

JANUARY 6, 2023

As we step into the unknown of 2023, here are some key trends and issues affecting supply chain management to help you prepare your strategies. The economic turndown is threatening a global recession over 2023, and labor disputes and strikes are prevalent. Poor forecasting brings a high risk of stockouts or excess and obsolete stock.

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

As we step into the unknown of 2023, here are some key trends and issues affecting supply chain management to help you prepare your strategies. The economic turndown is threatening a global recession over 2023, and labor disputes and strikes are prevalent. Improving forecast accuracy. Supply chain issues.

Supply Chain Planning Software 52

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

The Logistics & Supply Chain Management Society

APRIL 19, 2023

Apart from rapid technological advances and automakers succumbing to the EV competition by 2023, paying attention to the current market shifts is vital for navigating one of the most interesting and challenging environments of the last century. million cars and by 2023, it has almost reached 26.4 million cars.

Agile and Lean Supply Chain 130

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Logistics Viewpoints

JANUARY 12, 2024

In 2023, Amazon experimented with new logistics strategies and technologies to quickly fulfill and deliver orders, and these changes paid off big. Amazon shipped last-minute Christmas gifts faster in 2023 than in 2022, according to data from analyst firm Momentum Commerce. went out of business in 2023. percent of U.S.

Logistics Network Optimization Software 257

Logistics Network Optimization Software Price Reduction Inventory Reduction Resource Reduction 257

Logistics Viewpoints

JANUARY 11, 2023

In early November, my colleague Steve Banker wrote an article looking at the top supply chain trends for 2023 and beyond. billion globally, and I forecast it to grow to $9.9 Can Improving Forecast Accuracy Address Our Demand Planning Woes? Looking back, I estimated the market in 2013 at $6.4 billion in 2019.

Logistics Network Optimization Software 215

Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Design Software Forecasting Software 215

CHAINalytics

JANUARY 17, 2023

For example, we have worked with … The post The Logistics Landscape Forecast 2023: A MercuryGate Webinar Recap appeared first on Chainalytics. These overarching trends included… Advances in autonomous logistics Newer systems can auto-select proper transportation modes and optimally plan routes.

Forecasting 102

Forecasting Forecasting Software Logistics Network Optimization Software Logistics 102

Freightos

AUGUST 14, 2023

The Superconductivity Prelude Late in July 2023, South Korean researchers made headlines with a potential discovery – now mostly debunked – of a material that enabled superconductivity at room temperature. LK-99 Replication Vlog (August 3rd, 2023) Insane that @andrewmccalip @zebulgar & team pulled this off so quickly.

Logistics Network Optimization Software 249

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The Logistics & Supply Chain Management Society

FEBRUARY 16, 2023

I read the Global Fleet Market Forecast for 2022 – 2032 (put together by Oliver Wyman, a Marsh & McLennan company). There forecast shows that global emissions from the Airline sector should hopefully peak in 2030. Issues at one maintenance service provider can in turn impact several airline operators.

Price Reduction 130

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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. In 2023, such consequences will be continuing to unfold in multiple dimensions. Background.

Predictive Analytics Software 52

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Enterra Insights

SEPTEMBER 14, 2023

She explains, “The good news is that in all the recently published forecasts, economists are much more optimistic than they were. Journalist Nora Colomer reports, “Credit card balances grew the fastest among Gen Z cardholders in the second quarter of 2023, according to a recent TransUnion survey. Fox Business, 17 August 2023. [6]

Supply Chain Planning Software 130

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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

Negotiating Skills Inventory Reduction Cost Reduction Strategies Price Reduction 52

Supply Chain Matters

DECEMBER 28, 2023

As a point of reference, in September, Mastercard had forecasted an anticipated 3.7 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 in 2023.

Forecasting 52

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Supply Chain Matters

NOVEMBER 7, 2023

That in turn, has facilitated more discipline in ocean container freight rates among the globe’s most traversed trade routes from Asia to the markets of developed countries. According to Drewry, the forecasted low rates reflect an extreme disconnect between vessel supply and industry shipping demand.

Cost Reduction Strategies 59

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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. Added Developments Industry bellwether Maersk Line was the first to acknowledge an expected decline in global trade volumes, initially from a forecasted one percent decline.

Negotiating Skills 52

Negotiating Skills Inventory Reduction Price Reduction Cost Reduction Strategies 52

The Logistics & Supply Chain Management Society

DECEMBER 21, 2021

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. The great resignation is impacting all countries and all businesses.

Predictive Analytics Software 246

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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. This survey was conducted in May among participants in the global freight forwarding community.

Survey 52

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ModusLink Corporation

SEPTEMBER 1, 2023

Supply Chain Management In the ever-evolving world of freight and logistics, volatility has become the new normal. Procurement experts face transportation costs, customer demands, and high pressure on global container and air freight rates. Let’s think back on demand forecasting and warehousing management. Kaiser, Felix, et al.

Optimal Sourcing 78

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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. Added Perspectives.

Report 52

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Supply Chain Matters

NOVEMBER 14, 2023

Seasonal Holiday Hiring At Its Lowest Levels Following up on our Supply Chain Matters posting highlighting the National Retail Federation’s (NRF) November 2023 holiday spending forecast , The Wall Street Journal reported this week ( Paid subscription ) that the number of U.S.

Supply Chain Design Software 52

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Cost Reduction Strategies 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. As more companies prioritise these models, with enabling technologies, the supply chain becomes more sustainable.

Supply Chain Planning Software 223

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

Cathy Roberson

AUGUST 1, 2022

The planning typically begins at the start of the year as shippers work with carriers to share updated forecasts of capacity requirements throughout the year to ensure parcels are delivered on time during the season. However, if shippers under or overestimate their forecasted capacity requirements, they could incur a penalty from carriers.

Inventory Reduction 96

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Supply Chain Matters

FEBRUARY 14, 2024

Moeller Maersk , operators of Maersk Line plummeted a reported 18 percent as the carrier and logistics services provider reported full year 2023 financial performance that disappointed investment markets. Specifically, EBIDA is currently forecasted to be in a range of between $1 billion and $6 billion this year. That compares to $9.8

Transportation 52

Transportation Supply Chain Planning Software Panama Supply Chain Software 52

Supply Chain Matters

DECEMBER 21, 2022

The carrier additionally announced an incremental $1 billion in cost savings initiatives beyond its September forecast, and now expects to generate total fiscal 2023 cost savings of approximately $3.7 billion relative to its initial 2023 business plan. FedEx Freight pension plan. Added Supply Chain Matters Perspectives.

Cost Reduction Strategies 59

Cost Reduction Strategies Expense Reduction Sourcing Strategies Purchasing Skills 59

Logistics Viewpoints

NOVEMBER 29, 2023

The National Retail Federation (NRF) has issued its annual forecast, anticipating that retail sales will grow between 4 percent and 6 percent in 2023, meaning sales will reach between $5.13 Transportation Management Systems A TMS helps companies efficiently, reliably, and cost effectively move freight from origin to destination.

Optimal Sourcing 248

Optimal Sourcing Optimization Software Forecasting Software Demand Planning Software 248

Supply Chain Matters

JUNE 9, 2023

The World Bank revision of 2023 growth upward but downgrading the 2024 forecast because of concerns related to inflation and added risks for developing economies. Continued data and developments reinforcing recessionary conditions among global freight, logistics and online retail activity levels. All rights reserved.

Supply Chain Software 52

Supply Chain Software Negotiating Skills Supply Chain Logistics Network Optimization Software 52

NC State SCRC

OCTOBER 5, 2022

Andrew Viteritti, Lead for the Commerce and Regulation division of the Economist Intelligence Unit Global Forecasting group began his presentation by reviewing the current and future state of the global economy. The forecast is that the EU GDP growth will be reduced by 1.3 The greatest risks looming ahead are concentrated in 2023.

Conference 52

Conference Ukraine Global Purchasing Skills 52

The Logistics & Supply Chain Management Society

JANUARY 3, 2023

2022 Realities vs 2023 Predictions. The tight capacity and shipping downtime can increase rates and severely disrupt freight flow for months. One system — developed by E2open — uses forecast data combined with mapping processes to identify any shipment passing through known or forecasted severe weather.

Predictive Analytics Software 130

Predictive Analytics Software Predictive Analytics Supply Chain Planning Software Prescriptive Analytics Software 130

Supply Chain Matters

SEPTEMBER 21, 2023

Supply Chain Matters provides perspectives and likely motivations on Amazon’s announced effort to hire an additional 250,000 workers to support upcoming 2023 holiday fulfillment needs. That compared to the initial forecast for holiday sales calling for an expected growth rate of between 6 and 8 percent. percent to $963.3 percent and 4.6

Cost Reduction Strategies 59

Cost Reduction Strategies Supply Chain Planning Software Inventory Reduction Logistics Network Optimization Software 59

Logistics Viewpoints

DECEMBER 5, 2022

There was no air freight possible then into Europe,” added Gerald van den Eijnden. You would call up the freight forwarders, and they would send an Excel spreadsheet” that contained all the shipments for Molex in the coming days or weeks. Molex began the journey with Nexus by working to improve visibility to ocean freight.

Agile and Lean Supply Chain 196

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

CH Robinson Transportfolio

APRIL 19, 2021

ACT Research estimates that roughly 3% of the truckload demand forecasts for 2021 can be attributed just to replenishing the inventory gap, and it will take much or all of 2021 to accomplish this. How the stimulus is an extraordinary event creating freight demand. The current forecast is for 6.8% The current forecast is for 6.8%

Modeling 46

Modeling Supply and Demand Demand Planning Software Forecasting 46

Unleashed

JULY 25, 2023

The ultimate guide for 2023 Inventory turnover breaks down how well your products are selling so you know which business processes need optimising. Optimise sales forecasting The more proficient you are at forecasting what your customers will want and when, the fewer SKUs you’ll need to keep in stock.

Inventory Reduction 52

Inventory Reduction Optimal Sourcing Inventory Price Reduction 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 Freight Management. Freight management is driven by time-critical, manual tasks.

Supply Chain Software 246

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

SCMDOJO

MAY 13, 2022

Fast moving forward into 2022 ongoing widespread congestions in ports, container shortages, and volatile shifts in demand for goods from Western economies causing freight rates to skyrocket ended up adding extreme pressure on the main cost drivers of the ocean side of the supply chains and beyond. Supply Chain KPI Dashboard.

Supply Chain Design Software 83

Supply Chain Design Software Supply Chain Planning Software Modeling Supply Chain Design 83

Supply Chain Matters

OCTOBER 26, 2022

Higher parcel freight rates and selected customer and segment choices obviously helped in the profitability performance. Readers might recall that UPS increased its freight rates by 5.9 Revenues for the FedEx Ground unit, this carrier’s engine of E-Commerce last-mile fulfillment, came in at $300 million below forecast.

Logistics Network Optimization Software 52

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

DynaSys

JANUARY 10, 2019

There are many industry influencer forecasts in the coming years, however, no two industry forecasters have the same projections when looking ahead five or even 10 to 20 years. To go even further, the top 12 OEMs will launch 182 new electric vehicles nameplates by 2023. Is your organization dealing with these scenarios today?

Automotive 41

Automotive Supply Chain Planning Software Forecasting Software Supply Chain Software 41

Supply Chain Collaborator

AUGUST 9, 2017

Transport Topics reports, “American Trucking Association predicts that freight volumes across all modes will grow by 2.8% per year on average through 2023, according to the organization’s just-released Freight Transportation Forecast, 2017-2028.” this year and then 3.4%

Logistics Network Optimization Software 60

Logistics Network Optimization Software Supply Chain Software Logistics Forecasting Software 60