Logistics Viewpoints

FEBRUARY 2, 2024

She also said the company planned to ask workers to return to the office five days a week in 2024. percent drop in annual sales, UPS forecast a 2024 upswing of as little as 1.1 Higher labor costs and lower package demand resulted in fourth-quarter sales and 2024 guidance that missed analysts expectations. percent in early U.S.

Cost Reduction Strategies 234

Cost Reduction Strategies Inventory Reduction Logistics Network Optimization Software Manufacturing Procurement 234

Supply Chain Matters

JUNE 7, 2023

In the not so optimistic category, the bank revised its 2024 global growth forecast to 2.4 The current forecast for 2024 growth is 0.8 That statement portends stubbornly high interest rates will likely extend into 2024. percent, down from the January estimate of 2.7 percent in 2023, compared to 4.1 percent in 2022.

Forecasting 52

Forecasting Global Scenario Planning Supply Chain Planning 52

Freightos

OCTOBER 25, 2023

America weekly prices were level at $4.80/kg America weekly prices increased 1% to $1.71/kg. Reports by many major retailers that inventories are now under control is a positive sign for the possibility of a restocking cycle after the holidays if spending holds up. Asia-Mediterranean prices (FBX13 Weekly) fell 5% to $1,400/FEU.

Asia 177

Asia Europe Price Reduction Freight 177

Supply Chain Shaman

DECEMBER 7, 2023

This follows the recent announcement by the White House Council on Supply Chain Resilience launching 30 proposed actions to strengthen America’s supply chains and the ASCM recent publication on resilience. I am currently doing research on inventory management. In the research, I ask inventory planners to define resilience.

Supply Chain Design Software 303

Supply Chain Design Software Supply Chain Planning Software Modeling Supply Chain Software 303

SCMDOJO

APRIL 15, 2024

With a wide array of products stored in its fulfillment centers, Amazon can consolidate orders and optimize its inventory management systems. To overcome this, Amazon has developed sophisticated inventory management systems that allow them to efficiently store and retrieve products from their fulfillment centers.

Logistics Network Optimization Software 82

Logistics Network Optimization Software Inventory Reduction Sourcing Strategies Inventory Management Software 82

Logistics Viewpoints

JANUARY 10, 2024

Just last week, my colleague Clint Reiser wrote an article about the top logistics and supply chain conferences to attend in 2024. Chad and I discussed the widespread labor constraints impacting warehouse operations across North America and Europe. We look forward to seeing what the top logistics stories will be for 2024 and beyond.

Logistics Network Optimization Software 246

Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Software Predictive Analytics Software 246

QAD

MARCH 14, 2024

Episode #47: 2023 Playback | Auto Supply Chain Prophets Podcast Summary As I sit down to write this, I’m struck by how quickly 2024 is flying by! Coming into 2024 was particularly exciting for me because we’re now in the third year of our podcast (52 episodes!) Click here to listen to the full episode.

Agile and Lean Supply Chain 80

Agile and Lean Supply Chain Supply Chain Software Vendor Strategies Supply Chain Strategy 80

Logistics Viewpoints

SEPTEMBER 22, 2023

We have been planning early and leveraging investments in our people, infrastructure, transportation and technology made possible by the Delivering for America plan. And with no holiday surcharges, we are strongly positioned to be America’s most affordable delivery provider this holiday season.”

Los Angeles 222

Los Angeles Material Savings Logistics Network Optimization Software Waste Reduction 222

Freightos

AUGUST 29, 2023

America weekly prices increased 6% to $4.02/kg America weekly prices fell 4% to $1.67/kg. And while a recent analysis shows US retail inventory levels are decreasing , they remain elevated, and, together with slowing sales, will likely push off a significant restocking cycle and freight rebound until mid-2024.Taken

Price Reduction 258

Price Reduction Asia Europe Resource Reduction 258

Supply Chain Matters

MAY 22, 2023

According to the April report commentary , the industry remains hopeful in new signs indicating that retailers and manufacturers are getting closer to working off the overall glut of inventories that resulted in 2022. The industry will likely not know the answer until 2024. The April report commentary took note that European and U.S.

Negotiating Skills 52

Negotiating Skills Inventory Reduction Cost Reduction Strategies Price Reduction 52

Supply Chain Matters

OCTOBER 26, 2023

Industry media indicates that unsold inventories of EV vehicles remain on dealer lots as consumers are balking on the sticker price and the mileage ranges of offered vehicles.

Price Reduction 52

Price Reduction Expense Reduction Cost Reduction Strategies Resource Reduction 52

ToolsGroup

OCTOBER 10, 2022

Like most industries, manufacturers around the world are feeling the pinch of inventory disruption brought on by shortages and other supply chain challenges. Depending on what report you read, manufacturers are either stockpiling inventory to meet service levels or scrambling to stock up on inventory and often miss the mark due to shortages.

Inventory Reduction 156

Inventory Reduction Cost Reduction Strategies Sourcing Strategies Material Savings 156

ToolsGroup

FEBRUARY 7, 2022

or the ability to order groceries while waiting at the doctor’s office, MCommerce sales are expected to exceed 400 billion US dollars in 2024. Maximizing sales with this method requires accurate modeling of demand to ensure you have enough inventory to ship to stores. Social Selling. Road trip, anyone?).

Supply Chain Planning Software 177

Supply Chain Planning Software Trends Retail Forecasting Software 177

Logistics Viewpoints

FEBRUARY 23, 2024

These disruptions significantly impact just-in-time inventory systems and cause substantial upheaval in the supply chain schedules of numerous organizations. According to the Bank of America Institute, by early 2023 the pandemic caused retailers to have too much stock on their hands. inventory was down 4.5%, Sam’s was down over 8%.

Supply Chain Planning Software 249

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Supply Chain Strategy 249

Unleashed

MAY 19, 2020

billion by 2024, according to Business Wire. Craft brewing is projected to be a US$107 billion industry by 2024. How many stock-outs, an event that caused inventory to be exhausted? Stock & Inventory Control. Assign a serial number to ensure you know where they’ve gone and when they come back into your inventory.

Supply Chain Planning Software 98

Supply Chain Planning Software Forecasting Software Inventory Management Software Demand Planning Software 98

Logistics Viewpoints

APRIL 29, 2022

Amazon announces new changes to inventory limits. Bank of America sounding the alarm on collapsing freight demand. Amazon is making more changes to its inventory limits, including a new extra-large category and an increased price threshold for its small and light program. Canada’s Walmart tries ring scanners.

Logistics Network Optimization Software 181

Logistics Network Optimization Software New York City Logistics Inventory Reduction 181

Logistics Viewpoints

MAY 19, 2023

That assessment comes as a result of 10 months of subdued demand, inventory de-stocking, and high interest rates, the New Jersey-based company said in its “The GEP Global Supply Chain Volatility Index.” The logistics provider has already deployed 3,000 AMRs globally with over 2,000 in North America. billion between 2022 and 2024.

Logistics Network Optimization Software 210

Logistics Network Optimization Software GEP Logistics Florida 210

Stord

APRIL 16, 2024

ATLANTA, April 16, 2024— Earth Breeze —the leader in the rapidly-growing, revolutionary laundry detergent sheet category—selects Stord One Commerce —the order and inventory management software (OMS) that helps brands orchestrate, connect, and optimize their supply chains—to power operations at scale.

Optimization Software 74

Optimization Software Supply Chain Network Software Inventory Management Software Network Optimization 74

Logistics Viewpoints

FEBRUARY 3, 2023

Moller – Maersk is turning to flying drones to manage inventory counts in its warehouse network, the Danish firm said. Starting in July 2024, all plastic bottles up to three liters in size will be required by EU law to have closures that remain attached to the container for the duration of their intended use.

Logistics Network Optimization Software 187

Logistics Network Optimization Software Negotiating Skills Purchasing Skills Supply Chain Planning Software 187

IQMS

JUNE 18, 2019

Global spending on IIoT Platforms for Manufacturing is predicted to grow from $1.67B in 2018 to $12.44B in 2024, attaining a 40% compound annual growth rate (CAGR) in seven years. These and many other fascinating insights are from IoT Analytics’ study, IIoT Platforms For Manufacturing 2019 – 2024 (155 pp., PDF, client access reqd).

Analytics Software 69

Analytics Software Predictive Analytics Software Inventory Management Software Forecasting Software 69

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. Air cargo carriers in North America posted an 11.4% In 2021, 87% of Americans were negatively impacted by the supply chain. Deloitte Global).

Material Savings 207

Material Savings Purchasing Skills Supply Chain Planning Software Manufacturing Procurement 207

6 River Systems

OCTOBER 15, 2020

Inventory retrieval system When upgrading the racking system, consider the products stored in different areas and racking systems and how products are retrieved from pick locations. Some inventory management processes follow LIFO (Last In, First Out) or FIFO (First In, First Out) systems.

Warehousing 40

Warehousing Inventory Management Software Optimization Software Demand Planning Software 40

Unleashed

SEPTEMBER 20, 2020

In a similar vein, Bank of America conducted a recent survey that found 22% of millennials say they aren’t drinking as much, citing health and wellness concerns. On the world stage the non-alcohol craft beer market is set to double to $24 billion by 2024, according to Global Market Insights. Managing craft beer inventory.

Industrial 69

Industrial Industry New Zealand Inventory Management Software 69

Enterra Insights

NOVEMBER 8, 2021

When dry goods started playing a major role in food-buying, general stores popped up, especially in America’s old west. It caught on and the self-checkout market is expected to top $4 billion by 2024. 4] Sam Silverstein, “ Hy-Vee is bringing inventory robots to 5 stores ,” Grocery Dive, 24 September 2021. [5]

Iowa 100

Iowa Food Purchasing Skills Procurement Analytics 100

Logistics Viewpoints

SEPTEMBER 23, 2022

Focal Systems’ solution is integrated with Walmart Canada’s existing inventory systems to automatically detect availability concerns and direct store teams to replenish products. Panasonic plans to resolve the bottleneck in early 2024 when it starts producing the advanced cells at the $4 billion battery factory it’s building in Kansas.

Logistics Network Optimization Software 36

Logistics Network Optimization Software Waste Reduction Supply Chain Planning Software Negotiating Skills 36

Vinculum

JULY 29, 2020

America is a world leader in cross-border eCommerce exports and imports. eCommerce behemoth like eBay and Amazon belongs to America. billion US dollars in 2024. billion US dollars in 2024. dollars in revenue by 2024. The USA is the land of opportunity and a superpower in the world of online sales. billion U.S.

Optimal Sourcing 59

Optimal Sourcing Optimization Software Purchasing Skills Supply Chain Network Software 59

Enterra Insights

JANUARY 7, 2020

Intelligent order management: Supply chains will orchestrate the perfect order and master inventory visibility. ” David Barton, ToolsGroup General Manager for North America, predicts, “Algorithmic supply chain planning will go mainstream.”[3] Prediction 2. ” Prediction 3. ” Prediction 8.

Predictive Analytics Software 100

Predictive Analytics Software Predictive Analytics Supply Chain Planning Software Supply Chain Software 100

Unleashed

SEPTEMBER 30, 2020

It is now one of the fastest-growing and most popular alcoholic beverage segments in America. In America, the bar and nightclub market is valued at US$24 billion and average profit margins are 6% With over 59,000 businesses in this industry, it’s highly saturated and competitive. grew their brewery using inventory management software.

Price Reduction 104

Price Reduction Inventory Reduction Cost Reduction Strategies Expense Reduction 104

BR Williams Supply Chain Management

MARCH 10, 2023

However, manufacturers continued to produce goods and inventories began to rise dramatically toward the end of 2021 and beginning of 2022. Inventories were drawn down over the next several months and without increases in consumption which did not occur, this reduced demand for truckload capacity.

Freight 98

Freight Report Forecasting Price Reduction 98