Enterra Insights

APRIL 18, 2024

Businesses must weigh the costs of shipping, customs, tariffs, and taxes when expanding internationally. ”[8] She also told participants, “Supply chain resiliency involves more than shifting from ‘just-in-time’ to ‘just-in-case’ inventory levels. have decided to glocalize).

Global 130

Global Cost Reduction Strategies Expense Reduction Inventory Reduction 130

ToolsGroup

AUGUST 1, 2022

Returns come with plenty of challenges around logistics, inventory, and predicting volatile sales trends. Department of Commerce International Trade Commission , the percentage of retail sales sourced from ecommerce is predicted to increase into 2024–well beyond the lockdowns that caused the initial rise in ecommerce spend.

Retail 296

Retail Optimal Sourcing Purchasing Skills Procurement Solutions 296

Logistics Viewpoints

AUGUST 19, 2022

For merchants using FBA, Amazon handles the process of picking, packing, and shipping items. 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. Walmart has about $1.5

Logistics Network Optimization Software 198

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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.

Report 52

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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

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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. © Copyright 2024, The Ferrari Consulting and Research Group and the Supply Chain Matters® blog. All rights reserved.

Supply Chain Design Software 40

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Resilinc

AUGUST 30, 2023

Two weeks ago, 160 ships were stuck waiting to pass through the canal, carrying everything from auto parts, Barbie dolls, and diabetes test kits, according to Reuters. Some ships were delayed by as much as 21 days. 55 to 125 million gallons per ship, depending on size—to move ships through the canal.

Panama 62

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Freightos

AUGUST 29, 2023

Blog " * " indicates required fields Email * More Resources Home August 29, 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.

Price Reduction 254

Price Reduction Asia Europe Resource Reduction 254

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. Over 100 ships waited to unload containers in December at Los Angeles and Long Beach, the U.S.

Cost Reduction Strategies 52

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Freightos

DECEMBER 20, 2020

The real enablers for e-commerce today are the building blocks that have been developed over the past two decades – plug and play payments, fulfillment, returns, inventory management, and more. trillion in 2024. You need to see what you’re buying, to pay, to communicate, and to ship. Which brings us to freight.

Logistics Network Optimization Software 157

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Intelligent Audit

NOVEMBER 22, 2022

Recent inventory corrections have caused carrier volumes to stagnate, frustrating carriers and highlighting hopes for volume normaliza t ion in 2023. As Niall van de Wouw, Chief Air Freight Officer at Xeneta, told Supply Chain Dive, “We are six weeks away from Christmas, and there is no indication there will be a peak.”. Roughly 2.5%

Turkey 52

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Supply Chain Matters

OCTOBER 19, 2023

In a posting published in July 2019 titled: Amazon and the High Financial Cost of One-Day Shipping , we commented on the online platform provider’s disappointing profitability growth at the time. We collectively have to admire what this platform provider has accomplished across various dimensions.

Logistics Network Optimization Software 52

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Intelligent Audit

SEPTEMBER 28, 2022

According to FreightWaves, the FreightTech 100 2023 is “[…] a selection of the most innovative companies in the freight technology space.” Freight Rail and Union Members Reach Tentative Agreement. For the 5th consecutive year, the panel of industry experts at FreightTech 100 chose to add IntelligentAudit to their list.

Price Reduction 52

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ModusLink Corporation

DECEMBER 13, 2022

Carrier rates are declining across the board, and Seatrade Maritime News reported an “expected trough of freight rates to mid-2023 from 2024 with a lower demand forecast and a higher than expected effective capacity increase due to the unwinding of congestion. Container shipping to hit bottom in mid-2023, forecasts HSBC.

Agile and Lean Supply Chain 78

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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

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Freightos

MARCH 23, 2023

There were plenty of freight insights to take in over three days of sessions, meetings and conversations with carriers, forwarders and BCOs, but far too many to include all of them in a blog post that anyone might make it to the end of. What happens next? The downturn may be painful (for some), but is not unusual.

Price Reduction 156

Price Reduction Industrial Industry Inventory Reduction 156

Proxima

AUGUST 3, 2020

Whether warehousing, automation, freight, retail or e-commerce, business leaders needed to evaluate and address many or all in order to maintain their supply chains and keep up with the demand, which in turn, was drastically altered by the pandemic. billion by 2024. International and domestic challenges of freight amidst COVID-19.

Supply Chain Software 52

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American Global Logistics

JANUARY 10, 2024

The old status quo cannot manage these disruptions in the 2024 supply chain. To get ahead of these tectonic shifts, identifying emerging trends will help you navigate the coming 2024 supply chain changes. Supply Chain Management With disruptions likely to persist in 2024, developing supply chain resilience and agility will be crucial.

Supply Chain Planning Software 52

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Logistics Viewpoints

APRIL 29, 2022

Amazon announces new changes to inventory limits. Bank of America sounding the alarm on collapsing freight demand. It includes free shipping of online purchases, free grocery deliveries to the home for orders of at least $35, prescription discounts and other benefits. Earth Day roundup: companies announce sustainability goals.

Logistics Network Optimization Software 181

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Unleashed

MARCH 25, 2024

You can manage your consolidation processes with consolidation warehousing software to optimise the sorting, packing, and shipping of consolidated orders. Software also provides real-time visibility, inventory control, and data analysis for better decision-making. Why is supply chain agility important?

Material Savings 52

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ToolsGroup

APRIL 1, 2022

Increased Shipping Costs, Delays, and Transportation Issues. Dealing with the Shipping Container Crisis. Such measures include communicating with suppliers and customers , using demand shaping to overcome inventory shortages, seeking additional suppliers, and building more onshore facilities. Following the pandemic, 91% now do.

Material Savings 207

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Logistics Viewpoints

OCTOBER 6, 2023

They have pushed through annual general rate increases of more than 30% from 2019 to 2024, and are often nearly lock step on pricing. To fill the rising gaps in shopping malls, many mall owners are converting the empty spaces into fulfillment centers for shipping out orders. And now on to this week’s logistics news.

Logistics Network Optimization Software 246

Logistics Network Optimization Software Logistics Negotiating Skills Ireland 246

Unleashed

JUNE 23, 2021

Best practice inventory management – and the wider world of supply chain management – has played a big part in business survival through 2021. With that in mind, here’s our pick of the 10 most important inventory management trends for 2022. 10 inventory management for 2022: 1. Inventory analytics goes mainstream.

Inventory Management Software 80

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Logistics Viewpoints

DECEMBER 9, 2022

This is leading to an inventory pile-up of processors and memory chips used in PCs. Some retailers are learning to love bulked-up inventories. The companies building their inventories are looking to ensure they have items on hand at the right moment. Walgreens takes its delivery service round the clock. The largest U.S.

Logistics Network Optimization Software 205

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Logistics Viewpoints

OCTOBER 20, 2023

-bound shipments post first annual gain in 14 months in September Teamsters at DHL rally for fair contract The Mississippi River has dropped to a historic low Amazon is introducing an array of new artificial intelligence and robotics capabilities into its warehouse operations that will reduce delivery times and help identify inventory more quickly.

Logistics Network Optimization Software 224

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ShipBob

JANUARY 22, 2020

By 2024, the global beauty market is predicted to reach $750 billion, up from $432.7 CBD products alone are expected to reach $20 billion by 2024. One of the biggest things to consider is how you’re going to fulfill and ship orders not only in a timely manner, but also at an affordable rate. billion in 2016.

Inventory Reduction 52

Inventory Reduction Resource Reduction Cost Reduction Strategies Expense Reduction 52

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.” But a key focus right now for Amazon is using AI to figure out where to place its inventory. billion between 2022 and 2024.

Logistics Network Optimization Software 210

Logistics Network Optimization Software GEP Logistics Florida 210

Stord

MAY 2, 2022

While the rest of the world adopts cloud technologies to help them break down silos and integrate communication, companies continue to use disparate applications and tools for managing orders, evaluating inventory, and shipping goods. This growth is continuing with e-commerce sales expected to reach $6 trillion by 2024.

Supply Chain Planning Software 78

Supply Chain Planning Software St. Louis Supply Chain Software Demand Planning Software 78

Elementum

AUGUST 11, 2016

Trucking is the main means for freight transportation in the United States. Swift Transportation, the largest truckload shipping carrier in the country, reportedly saw losses of nearly 16% in the second quarter of 2015. The question now is: What impact can this major move have on the company and in the trucking industry?

Industrial 60

Industrial Industry Cost Reduction Strategies Inventory Reduction 60

Vinculum

AUGUST 7, 2020

According to Statista, by 2024, search advertising will account for nearly 38% of Thailand’s total digital advertising spends, while social media advertising will come to nearly 25%. Shipping and delivery: There are several ways in which you can deliver products to the consumer’s doorstep – air freight, sea freight, trucking, and more.

Thailand 52

Thailand Logistics Network Optimization Software Apparel Electronics 52

Talking Logistics

JUNE 28, 2013

ATA Releases Latest Freight Forecast, Projecting Strong Trucking Growth. It provides the key warehouse management features needed to quickly deliver ROI, including the tracking and visibility of inbound orders, directed put-away, variety of picking methods, shipping, directed replenishment and inventory control. .

Logistics Network Optimization Software 142

Logistics Network Optimization Software Supply Chain Design Software Rail Software Forecasting Software 142

NC State SCRC

FEBRUARY 22, 2022

Freight demand and rates are escalating. Freight rates are going crazy…and this is really hard to comprehend: the producer price index for all types of freight transportation arrangement (TL brokerage, LTL brokerage, intermodal marketing companies, ocean freight forwarders, air freight forwarders, etc.)

Warehousing 52

Warehousing Supply Chain Supply and Demand Inventory Reduction 52

Logistics Bureau

JANUARY 30, 2023

In any typical year, companies around the globe must factor the New Year shutdown into their inventory management plans. That means companies in the industry, like seafood importers, must maintain higher inventory levels inside expensive cold storage facilities for lengthier periods than ever before. Hunt Transport Services Inc.’s

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Logistics Viewpoints

MARCH 22, 2024

commercial truck fleet would require nearly $1 trillion in infrastructure investment alone, according to a new report from Roland Berger released today by the Clean Freight Coalition. The $2,500 spread between spot market rates and long-term freight contract rates for Asia to U.S. And now on to this week’s logistics news.

Logistics Network Optimization Software 225

Logistics Network Optimization Software Cost Reduction Strategies Vendor Strategies Panama 225

BR Williams Supply Chain Management

MARCH 10, 2023

We would like to share some insights on the general economy and freight market specifically with you: our customers, employees, business partners and community. While many economists warned of the inherent uncertainties of a market dependent upon new variables with very little historical precedent, few predicted the freight recession of 2022.

Freight 98

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Unleashed

SEPTEMBER 30, 2020

There are three methods: spreadsheets, online calculators, or inventory management software. Brewery software will capture all the costs of production, from raw materials to freight costs. grew their brewery using inventory management software. Missing inventory can see your production suffer and you’ll have to write it off.

Price Reduction 104

Price Reduction Inventory Reduction Cost Reduction Strategies Expense Reduction 104

Resilinc

DECEMBER 21, 2023

Understand how the recent Red Sea ship attacks are impacting global supply chains and how to mitigate potential risks. Ships are avoiding Egypt’s Suez Canal, the shortest maritime route from Europe to Asia and one of the world’s most important waterways, which accounts for about 12% of the world’s shipping traffic.

Supply Chain Planning Software 61

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