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 China is now forecasted to grow 5.6 percent in 2022.

Forecasting 52

Forecasting Global Scenario Planning Supply Chain Planning 52

ThroughPut

APRIL 11, 2024

Customers will now be able to see inventory projections in the near, short, and long term, enabling them to expose risks, highlight recommended actions early, and evaluate the overall state of their inventory PALO ALTO, CA, April 10, 2024 /PRNewswire/ — ThroughPut Inc. ,

Modeling 52

Modeling Supply Chain Planning Software Inventory Predictive Analytics Software 52

ThroughPut

APRIL 11, 2024

Customers will now be able to see inventory projections in the near, short, and long term, enabling them to expose risks, highlight recommended actions early, and evaluate the overall state of their inventory PALO ALTO, CA, April 10, 2024 /PRNewswire/ — ThroughPut Inc. ,

Modeling 52

Modeling Supply Chain Planning Software Inventory Predictive Analytics Software 52

Supply Chain Shaman

APRIL 16, 2024

Supply Chain Insights Training, 2024 The Opportunity Based on my research, I believe there is an opportunity to reduce the number of planning roles by 80-85%. Focus on improving operating margin, inventory turns, and revenue/employee simultaneously. Seasonal Inventory Build or Asset Capacity to Ramp for a Seasonal Demand Usually.

Supply Chain Planning Software 217

Supply Chain Planning Software Supply Chain Design Software How To Inventory Reduction 217

Freightos

OCTOBER 25, 2023

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. But the run down of those inventories in the last few months also meant less importing and a relatively short and subdued peak season this year.

Asia 177

Asia Europe Price Reduction Freight 177

Stord

FEBRUARY 28, 2024

Stord’s OMS software allows KAI Media to view and manage orders and inventory across its entire international network in one place, enabling the team to automate its entire order routing process faster and more intelligently. For more information, visit [link].

Inventory Management Software 60

Inventory Management Software Supply Chain Network Software Inventory Management Network Optimization 60

ThroughPut

JANUARY 19, 2024

For those of us in production capacity planning, this roller coaster has taught us a few things: Demand is likely to keep fluctuating dramatically. Understanding the full potential of utilizing spare capacity to drive new sales is essential for maximizing throughput. Our world is full of surprises – and not always the pleasant kind.

Capacity 52

Capacity Scenario Planning Optimal Sourcing Sourcing Strategies 52

Logility

MAY 26, 2022

Key Takeaways: • Supply chain volatility is expected to continue and plague some sectors until 2024. 25% of inventory surpluses are caused by a lack of transparency and visibility into the supply chain. Because supply exceeds demand, all demand can be fulfilled, but there is underutilized production capacity.

Demand Planning Software 173

Demand Planning Software Supply and Demand Modeling Supply Chain Planning Software 173

Cathy Roberson

MAY 19, 2021

Busy times for all of us and in particular supply chain managers who are dealing with capacity constraints, delays, the rise of e-commerce, forecasting in this crazy environment, identifying and analyzing data, and putting the data to use in strategies. billion in 2024, a 60% growth from 2019.

Modeling 64

Modeling Capacity Supply Chain Planning Software Transportation 64

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. Last Mile Delivery, Visibility, and Vehicle Capacity ; Chris Cunnane One of the most difficult and expensive aspects of the supply chain is last mile delivery.

Logistics Network Optimization Software 245

Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Software Predictive Analytics Software 245

Logility

OCTOBER 19, 2023

Although inflation has eased in many countries over the past summer, CPG prices are still rising faster than real wages and showing no signs of leveling off in 2024. To gain control over their costs and pricing, supply chain leaders must capitalize on the recent stabilization of production capacity and inventory levels.

Network Optimization Software 130

Network Optimization Software Modeling Network Optimization Supply Chain Optimization 130

Supply Chain Matters

FEBRUARY 5, 2024

Outlook for 2024 According to the company’s financial performance press release , ongoing macroeconomic uncertainties are expected to weigh on the business environment in the near-term. However, the ongoing trend of customers reducing inventory may mean that earnings will not significantly recover. All rights reserved.

Electronics 52

Electronics Optimal Sourcing Modeling South Korea 52

Supply Chain Matters

MARCH 6, 2024

At the time, reports had indicated that this MOU agreement included the capacity to produce upwards of 250,000 vehicles annually. Reportedly, only 4,900 vehicles have been delivered to customers, the remaining in finished vehicle inventory and valued at half a billion dollars in tied-up capital. All rights reserved.

Sourcing Strategies 52

Sourcing Strategies Austria Supply Chain Planning Software Manufacturing Procurement 52

Supply Chain Matters

DECEMBER 6, 2023

The report specifically indicates : “ November’s dip was largely triggered by a decline in Inventory Levels (-9.1) which is attributable to Q4 holiday sales and the subsequent dips in Warehousing Capacity (+3.6) and Transportation Capacity (+5.2) and slowdown in Warehousing Utilization (-14.0) All rights reserved.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Trends Logistics Scenario Planning 52

The Logistics & Supply Chain Management Society

JANUARY 3, 2024

The availability of capacity in industries like the semiconductor industry is tight. The proliferation of products and capabilities is exponential with over 60% of capacity in Taiwan. But, even then, the relocation of capacity is not a snap of the fingers. Focus on right-sizing inventories. These are our weakest links.

Supply Chain Design Software 130

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 130

Logistics Viewpoints

SEPTEMBER 22, 2023

Although port volumes increased in August, demand remains lower as shippers continue to face excess inventory levels. Agility Robotics , the creators of the bipedal robot Digit are bringing the world’s first factory for humanoid robots to Salem and say they will soon have the capacity to produce 10,000 robots a year.

Los Angeles 221

Los Angeles Material Savings Logistics Network Optimization Software Waste Reduction 221

Logistics Viewpoints

JANUARY 23, 2024

This year, nearly 40,000 attendees comprising 6,200 brands from all over the world headed to the Javits Center to see what new solutions and innovations software and hardware suppliers had in store for 2024 and beyond. Infor is able to use its visibility application to dynamically update ETAs and look at the impact on inventory.

Supply Chain Planning Software 209

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Modeling 209

Supply Chain Matters

JANUARY 8, 2024

Commenting on the outlook for 2024, Chris Williamson, Chief Business Economist at S&P Global Market Intelligence noted in part: “ Given current order book trends, the overall picture from the survey is one of supply exceeding demand for many goods, which points to downside risks to production, employment and prices as we head into 2024.”

Manufacturing Procurement 52

Manufacturing Procurement Global Procurement Analytics Myanmar 52

Logistics Viewpoints

AUGUST 19, 2022

billion in inventory that “if we could just wave a magic wand, we’d make it go away today,” said chief financial officer John David Rainey. Walmart estimates that inventory is still 15 percent above optimal levels. Clearing the inventory will still take a couple of quarters. Walmart has about $1.5

Logistics Network Optimization Software 198

Logistics Network Optimization Software Supply Chain Planning Software Inventory Reduction Cost Reduction Strategies 198

Supply Chain Matters

DECEMBER 28, 2023

Consumers were expecting that there would be adequate inventory of goods even up to two days before Christmas. Supply Chain and Customer Fulfillment Performance On a positive note, this year’s holiday buying period did not include reports of major inventory shortages or supply chain snafu’s. All rights reserved.

Forecasting 52

Forecasting Apparel Inventory Reduction Journal 52

Supply Chain Matters

NOVEMBER 6, 2023

With output contracting for the fifth consecutive month and business optimism reportedly dipping to an 11-month low, the report pointed to cutbacks occurring in manufacturing employment, purchasing and inventory levels globally. Suppliers continue to have capacity.” percent in 2024. down from the 49.2 This index rose from 49.8

Procurement Analytics 59

Procurement Analytics Manufacturing Procurement Report Global 59

Supply Chain Matters

JUNE 8, 2023

After revising both previously reported Q4-2022 and Q1-2024 GDP data, the European statistics agency Eurostat reported today that the combined 20-nation GDP for euro sector fell at annualized rate 0.4 Industry supply chain management and integrated business planning teams need to be diligent in their planning of resources and global capacity.

Ireland 52

Ireland Lithuania Pharmaceutical Malta 52

ThroughPut

MARCH 15, 2024

It’s no wonder that a KPMG study has found that 50% of supply chain organizations plan to invest in artificial intelligence (AI) applications and advanced analytics capabilities through 2024. Are you losing money to inventory mismanagement? Is poor capacity planning tying up working capital?

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Modeling 52

ThroughPut

MARCH 15, 2024

It’s no wonder that a KPMG study has found that 50% of supply chain organizations plan to invest in artificial intelligence (AI) applications and advanced analytics capabilities through 2024. Are you losing money to inventory mismanagement? Is poor capacity planning tying up working capital?

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Modeling 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. Top Technology investments to Enable Your Participation in Industry Ecosystems.

Predictive Analytics Software 246

Predictive Analytics Software Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 246

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

DECEMBER 4, 2023

A continued subdued product demand environment and added caution reportedly led to a decline in overall purchasing activity, lower levels of inventory and improved supplier delivery times. Pre -and post inventory levels, however, fell at a weaker rate with European manufacturers reportedly being less aggressive in de-stocking efforts.

Procurement Analytics 59

Procurement Analytics Manufacturing Procurement Report Global 59

Supply Chain Matters

JUNE 15, 2023

Earlier this month, the company broke ground for a $65 million expansion of the existing manufacturing facility located in Skowhegan, Maine , which will double the capacity of this facility by the end of 2024. Bob Ferrari © Copyright 2023, The Ferrari Consulting and Research Group and the Supply Chain Matters® blog.

Manufacturing Procurement 52

Manufacturing Procurement Supply Chain Planning Sourcing Strategies Manufacturing 52

Freightos

AUGUST 29, 2023

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 China – N. August GRIs pushed Asia – N.

Price Reduction 257

Price Reduction Asia Europe Resource Reduction 257

Intelligent Audit

DECEMBER 12, 2022

The high demand also resulted in capacity shortages causing FedEx and UPS to restrict the number of trailers or other equipment to some shippers—further driving up inflation in trucking. Trucking capacity also became scarce, with spot rates rising. As the first anniversary of the pandemic approached, U.S.

Cost Reduction Strategies 52

Cost Reduction Strategies Price Reduction Inventory Reduction Negotiating Skills 52

SCMDOJO

JULY 7, 2023

Utilize technologies like real-time tracking, data analytics, and demand forecasting to optimize inventory management and reduce lead times. Rivian aims to achieve a gross profit in 2024, a significant improvement from the $3.3 Supplier Relationships: Cultivate strong relationships with suppliers. billion gross loss reported in 2022.

Supply Chain Design Software 99

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 99

ToolsGroup

OCTOBER 25, 2022

More than ever, seasonal inventory needs to be carefully accounted for during the demand forecasting and inventory planning process , ensuring right-sized inventory that can meet customer expectations while limiting the spend and use of working capital. Benefits of Effective Seasonal Inventory Management.

Inventory Reduction 156

Inventory Reduction Inventory Optimal Sourcing Supply and Demand 156

ThroughPut

MARCH 28, 2024

billion in 2024. Detection of nutritional constituents and allergens in food, optimizing routes and schedules of food delivery, and inventory management are some of the other ways AI is helping the food production industry. The market size of AI in the food industry , including the beverages sector is set to cross USD 9.68

Case Study 52

Case Study Optimal Sourcing Supply Chain Planning Software Food 52

EazyStock

APRIL 18, 2023

Supply chain managers and inventory management professionals face a constant barrage of supply chain crises, with one always waiting around the corner. In this blog, we focus on how supply chain and inventory management professionals can mitigate the impact of high inflation and interest rates. In 2022, inflation rates peaked at 9.1%

Supply Chain Planning Software 52

Supply Chain Planning Software Optimal Sourcing Supply Chain Software Inventory Reduction 52

EazyStock

AUGUST 8, 2023

Smart inventory managers plan for Chinese New Year (aka Lunar New Year) many months before the event. In 2024, this will be from February 9-15. This means it takes time to get production back to full capacity, leading to further delays. During this time, production across China will stop, and shipping will be delayed.

Inventory Reduction 52

Inventory Reduction Resource Reduction Forecasting Scenario Planning 52

Supply Chain Game Changer

OCTOBER 8, 2020

Prediction 1: By the end of 2021, half of all manufacturing supply chains will have invested in supply chain resiliency and artificial intelligence, resulting in productivity improvements of 15%; Prediction 2 : By 2022, firms will dedicate 35% of their logistics business process outsourcing services budget to process automation, focusing on order, (..)

Predictive Analytics Software 74

Predictive Analytics Software Predictive Analytics Supply Chain Planning Software Supply Chain Software 74