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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Supply Chain Matters

APRIL 4, 2024

Gather AI Raises $17 Million in Series A Funding Computer vision and AI-powered warehouse inventory monitoring technology start-up Gather AI has announced $17 Million Series A-1 funding led by Bain Capital Ventures. No financial details were disclosed in the announcement. All rights reserved.

Supply Chain Design Software 40

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

Supply Chain Matters

JULY 7, 2023

Logistics Managers Index (LMI) that again dropped to an all-time low for June 2023. According to the June report summary , the primary driver of the latest decline was the inventory metric, which reportedly contracted 6.5 Similar trends were highlighted in our Supply Chain Matters summary of the May 2023 LMI report.

Negotiating Skills 52

Negotiating Skills Logistics Network Optimization Software Inventory Reduction Negotiate Pricing 52

ivalua

FEBRUARY 8, 2023

Ivalua Blog [ivory-search] Weathering Future Disruptions: 8 Steps to Building Supply Chain Resilience February 8, 2023 | | Manufacturing by Doug Keeley In the face of an unprecedented global crisis, Procurement stepped up to become a crucial driving force for business continuity. Work to achieve 100% supply chain visibility.

Manufacturing Procurement 242

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software Optimal Sourcing 242

Supply Chain Matters

APRIL 4, 2023

Supply Chain Matters provides highlights of March and Q1- 2023 reported global and regional PMI indices which reinforce a state of stabilization within global supply chain networks. However, we discern some added signs excess inventories and of production sourcing shifts. The overall average for all of Q1-2023 was 48.6

Manufacturing Procurement 52

Manufacturing Procurement Manufacturing Global Purchasing Skills 52

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. A published Future of Freight study sponsored by Deloitte in September 2022 indicated that U.S.

Predictive Analytics Software 52

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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. This includes our October 10, 2023 edition of Supply Chain Matters This Week in Supply Chain Technology.

Supply Chain Planning Software 52

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The Logistics & Supply Chain Management Society

OCTOBER 15, 2023

He crafted delivery solutions for e-commerce clients and managed supply chains for several chemical and freight forwarding companies. Tim has held various positions with MNCs, gaining a wide knowledge and expertise in logistics operations.

Optimal Sourcing 162

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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

Unleashed

JULY 25, 2023

The inventory turnover ratio measures how often stock is sold and replaced over time. It’s a vital inventory accounting metric for monitoring sales and managing perishable goods – without it, your business will struggle to operate efficiently and could start losing money fast. Inventory turnover is expressed as a financial ratio.

Inventory Reduction 52

Inventory Reduction Optimal Sourcing Inventory Price Reduction 52

Supply Chain Matters

APRIL 14, 2023

The Supply Chain Matters blog features our April 14, 17, 2023 edition of This Week in Supply Chain Management Tech , a synopsis capsule of noteworthy supply chain management focused technology news. This tech provider was more recently named as the Fast Company World’s Most Innovative Companies for 2023.

Supply Chain Design Software 52

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

Supply Chain Matters

MAY 5, 2023

Supply Chain Matters provides highlights of April 2023 reported global and regional PMI indices which continue to reinforce a state of contraction level stabilization within global supply chain networks. Output, new orders, employment and inventory stocks reportedly all contracted. United States Two indices of U.S. for April, a 0.8

Manufacturing Procurement 52

Manufacturing Procurement Global Supply Chain Optimization Supply Chain Strategy 52

Logistics Viewpoints

MARCH 2, 2023

Freight rates have plummeted, brokerages are struggling, and the industry is still bloated with excess inventory. With the right data you can reduce your overall transportation costs, both accessorial costs and overall freight spend. Closer to home for supply chain professionals, driver shortages continue to plague the industry.

Waste Reduction 197

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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

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. Contract Review.

Supply Chain Software 246

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

Supply Chain Matters

DECEMBER 28, 2023

They provide capabilities to coordinate supply chain procurement, planning, fulfillment, or other network wide decision-making capabilities among various supply networks and order fulfillment segments. The ultimate costs in warehousing, inventory carrying costs and other dimensions are still being assessed.

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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. There was no air freight possible then into Europe,” added Gerald van den Eijnden. Molex Realizes it Needs Better Visibility.

Agile and Lean Supply Chain 196

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Supply Chain Matters

OCTOBER 12, 2022

Indicated in the report summary was: “ The sustained growth in the logistics industry continues to be fueled by high levels of inventory and the associated levels of cost and utilization associated with holding them. According to the September report , growth is increasing for inventory levels, inventory and warehousing costs.

Inventory Reduction 59

Inventory Reduction Cost Reduction Strategies Warehousing Price Reduction 59

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. Vincent Clerc, the new incoming CEO of Maersk indicated to Bloomberg: “ The world is facing a significant inventory adjustment after a period where demand has been absolutely exceptional.

Negotiating Skills 52

Negotiating Skills Inventory Reduction Price Reduction Cost Reduction Strategies 52

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. While 209,000 workers were added in June, 14,000 freight and parcel carriers were cut and 6,900 warehousing and storage jobs were lost.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Transportation Logistics Warehousing 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. Dynamic routing has empowered logistics providers to consider plans B, C and D, offering alternative options of ocean and air freight cargo.

Supply Chain Planning Software 223

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

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 capacity exacerbated inventory shortages in the first half of 2023. It also led to inventory excesses. 5 The modal shift to air freight from ocean freight.

Russia 52

Russia Inventory Reduction Price Reduction Modeling 52

Supply Chain Matters

MAY 30, 2023

The April 2023 GSPI reportedly dropped to a negative value 1.32, down from negative 1.15 Noted in the Feds April 2023 narrative were significant downward contributions from Euro Area delivery times, Euro Area stocks of purchases, and Korean delivery times. reported for March, and a negative 0.29 reported for February.

Manufacturing Procurement 52

Manufacturing Procurement Procurement Analytics Taiwan New York 52

Intelligent Audit

DECEMBER 12, 2022

As shippers drew down existing inventories, replenishment became necessary to quickly satisfy consumers’ spending habits. This, along with container shortages, drove up ocean freight spot rates and caused sporadic export delays. How is Inflation affecting freight rates? Spot rates will continue to fall heading into 2023.

Cost Reduction Strategies 52

Cost Reduction Strategies Price Reduction Inventory Reduction Negotiating Skills 52

Supply Chain Matters

JUNE 7, 2023

Logistics Managers Index (LMI) that dropped to an all-time low for May 2023. Noted was a late May decline, largely driven by a more pronounced shift in inventories in the second half of May, reflecting a higher rate of expansion in the first half. Supply Chain Matters highlights this week’s release of the U.S. All rights reserved.

Negotiating Skills 52

Negotiating Skills Logistics Network Optimization Software Logistics Material Savings 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. This survey was conducted in May among participants in the global freight forwarding community.

Survey 52

Survey Demand Planning Software Supply and Demand Panama 52

Supply Chain Matters

SEPTEMBER 23, 2022

percent for its LTL Freight unit, beginning in January 2023. percent rate increase initiated for this year, along with ongoing fuel and other surcharges added for respective parcel or freight movements. The carrier has now announced plans to hike shipping rates 6.9 percent to 7.9 This announcement is cumulative to the average 5.9

Cost Reduction Strategies 52

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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

Report Global Scenario Planning Forecasting 52

The Logistics & Supply Chain Management Society

OCTOBER 15, 2023

The Evolution of Asset Management: Humans, Inventory and the Rise of AI by Jeroen Hendriks , Director at Art of Supply Chain Sdn Bh In the ever-evolving landscape of organisational success, the spotlight is now on asset management. However, inventory is also an essential asset for many businesses.

Asset Management 130

Asset Management Inventory Reduction Inventory Optimal Sourcing 130

Supply Chain Matters

MAY 3, 2022

The report further indicated that Inputs, expressed as supplier deliveries, inventories and imports, continued to constrain production expansion. In its latest forecast, Drewry Shipping Consultants indicated that it expects global freight rates to increase 39 percent this year as logjams impact ports in the second half of the year.

Manufacturing Procurement 52

Manufacturing Procurement China Purchasing Skills Supply Chain Planning 52

Supply Chain Matters

MARCH 13, 2023

Included in the results were noted inventory charges and losses on firm purchase commitments of $920 million as of December 31, 2022 compared to $95 million as of December 31, 2021. billion in 2023, and reaching positive gross profit by 2024. They include delivery of a 400 mile battery variant for the R1 model in the Fall of 2023.

Supply Chain Planning Software 52

Supply Chain Planning Software Cost Reduction Strategies Supply Chain Planning Expense Reduction 52

ToolsGroup

APRIL 1, 2022

Such measures include communicating with suppliers and customers , using demand shaping to overcome inventory shortages, seeking additional suppliers, and building more onshore facilities. Thanks to container prices rising as much as 600%, money that could be used for advertising went to freight companies instead. Tip: Find out how.

Material Savings 207

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Freightos

DECEMBER 13, 2023

More Resources Home December 13, 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 decreased 7% to $5.88/kg

Negotiating Skills 220

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Supply Chain Matters

JUNE 9, 2023

Background Within our research arm’s January 2023 published advisory, 2023 Predictions for Industry and Global Supply Chains , we included a prediction that manufacturers would seek more direct control and added resiliency of their component or outsourced production supply networks in 2023. We pointed out that in 2022, more U.S.

Manufacturing Procurement 52

Manufacturing Procurement Expense Reduction Cost Reduction Strategies Resource Reduction 52

ShipBob

AUGUST 24, 2023

These efforts to mitigate risks in the supply chain can: Reduce costs Improve efficiency And enhance the customer experience The problem with supply chain risk management in 2023 Supply chain technology advancements and growing knowledge may have made it easier to manage supply chain risks to a certain extent.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Optimal Sourcing Agile and Lean Supply Chain 52

Logistics Viewpoints

APRIL 8, 2022

FedEx and Elroy Air have been working together since January 2020 and will continue their collaboration to pursue certifications and begin flight testing in 2023. At the same time, the number of suppliers in China that received procurement bids declined by 9 percent in 2021.

Logistics Network Optimization Software 206

Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Network Software Demand Planning Software 206

Unleashed

APRIL 12, 2023

Outsmart your competition: Check out the Unleashed 2023 Supply Chain Management Guide. B2B fulfillment, also called business-to-business fulfillment, is when one business supplies inventory to another business or retailer, either to use within the business or for resale to their customers. What is B2B fulfillment?

Supply Chain Planning Software 52

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