ThroughPut

MARCH 25, 2024

Demand forecasting is a critical component of supply chain management, especially in the complex and unpredictable market landscape of 2024. Accurate forecasts are essential for maintaining inventory balance, ensuring customer satisfaction, and achieving financial stability. The main benefits of accurate demand forecasts are: 1.

Forecasting 52

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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

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ToolsGroup

SEPTEMBER 18, 2023

This shows hope that one day, we won’t need an award like this because men and women in the supply chain will be equal,” says Marina Mayer, Editor-in-Chief of Food Logistics and Supply & Demand Chain Executive. Food Logistics and Supply & Demand Chain Executive also operate SCN Summit and Women in Supply Chain Forum.

Supply Chain Planning Software 156

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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. The industry will likely not know the answer until 2024.

Negotiating Skills 52

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The Logistics & Supply Chain Management Society

JANUARY 3, 2024

Pushing the Supply Chain Reset Button by Lora Cecere , Founder, Supply Chain Insights Supply Chain Leaders Can’t Afford to Guess About the Future The global supply chain that we know today is built on three assumptions: rational government policy, low variability, and availability of logistics. Focus on right-sizing inventories.

Supply Chain Design Software 130

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Supply Chain Matters

APRIL 4, 2024

Accenture Acquires Global Logistics Consulting Firm Flo Group Global based consulting and other services firm Accenture has reportedly acquired European based global logistics consulting services firm Flo Group. The deal reportedly will further enhance Oracle’s logistics software deployment capabilities across Europe.

Supply Chain Design Software 40

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Vinculum

JANUARY 30, 2024

To succeed as a D2C brand in 2024, brands must: ● Build Omnichannel capabilities : Increasingly, a customer demands seamless interactions in all the channels they shop and return goods. The post D2C Trends for Growth in 2024 appeared first on Vinculum Group.

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Supply Chain Matters

MARCH 6, 2024

market also comes with logistical challenges, hence the stated need for a U.S. 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. Once more, the company has a stated goal to produce upwards of 22,000 vehicles in 2024.

Sourcing Strategies 52

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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. Blue Yonder also acquired Doddle to close the loop on reverse logistics.

Supply Chain Planning Software 209

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Vinculum

JANUARY 30, 2024

To succeed as a D2C brand in 2024, brands must: ● Build Omnichannel capabilities : Increasingly, a customer demands seamless interactions in all the channels they shop and return goods. The post 8 D2C trends for growth in 2024 and beyond appeared first on Vinculum Group.

Optimal Sourcing 52

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Supply Chain Matters

SEPTEMBER 6, 2022

Supply Chain Matters once again highlights some positive news for global supply chain management teams, specifically transportation and logistics related teams. As supply chain logistics and transportation teams are keenly aware, rates peaked to more than $20,000 per container for both routes at this time last year. Added Perspectives.

Report 52

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ThroughPut

SEPTEMBER 14, 2022

Transportation and logistics management in mid to large scale companies essentially translates into specific time driven outcomes – We are talking about the speed in decision-making, speed in reducing cycle-times, speed in operations, and speed in continuous improvement.

Supply Chain Planning Software 52

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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

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QAD

MAY 23, 2023

ESG Regulations are Driving Investment in Sustainable Procurement Regardless of where you stand on the ethics behind ESG issues, you’d think consumer demand would be a clear driver for sustainable product development. Compliance appears to be a significantly larger driver for sustainable procurement than ethics or consumer demand.

Procurement Solutions 94

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Supply Chain Matters

APRIL 14, 2023

Venti Raises $29 Million in Series A Round Autonomous logistics technology and industrial hubs provider Venti Technologies announced that it has secured $28.8 billion market valuation based on 2024 revenue expectations in 2024. million in Series A financing. while securing a $5.4

Supply Chain Design Software 52

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C3 Solutions

JULY 30, 2020

Nobody wants to be the guinea pig," Intel's global logistics procurement director Greg Christensen told the authors of the 2019 State of Logistics Report. Its ability to bring about accuracy and efficiency to both inventory and inventory-related tasks absolutely has a cost-benefit component. Where's the ROI?

Gartner 127

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Supply Chain Matters

MARCH 27, 2024

and global wide headlines, not only for the significance of such a tragedy, but as a fresh reminder that events of such magnitude are now part of the landscape of supply chain and logistics risk. Bob Ferrari © Copyright 2024, The Ferrari Consulting and Research Group and the Supply Chain Matters® blog. This disaster has made U.S.

Baltimore 52

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Resilinc

JULY 26, 2022

While reduced demand caused most of the decline, supply chain issues also figured prominently, with supply chain disruptions continuing to shift from “component shortages to logistics disruptions,” according to Gartner. Foxconn will follow the Lordstown deal by building Fisker’s Pear model at an “Ohio factory starting in 2024.

Manufacturing Procurement 62

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ThroughPut

FEBRUARY 2, 2024

Static vs. Dynamic Inventory Management Without Advanced Supply Chain Analytics: Inventory management might be based on static rules or historical sales data, potentially leading to overstocking or stockouts. This includes data from suppliers, production facilities, logistics services, and customer feedback.

Prescriptive Analytics Software 52

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Supply Chain Game Changer

OCTOBER 8, 2020

This is a lot to absorb in this short article, but it should be considered seriously by those intending to be operationally competitive in the logistics market moving forward.

Predictive Analytics Software 74

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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. Our eGuide, Supply chain and logistics management trends for 2023 , looks at potential issues facing supply chain managers this year and how to respond. in 2023 and 4.3%

Supply Chain Planning Software 52

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ModusLink Corporation

DECEMBER 13, 2022

Yes, COVID caused many issues, but other factors, including geopolitical changes, the war in Ukraine, weather events, peak season , and economic instability, have altered the fabric of logistics. Warehouse and distribution managers and procurement professionals will need to start thinking about managing the customer experience better.

Agile and Lean Supply Chain 78

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BlueYonder

DECEMBER 14, 2023

Micron has transformed its processes and relationships with customers and suppliers and used Blue Yonder’s Supply Planning and Inventory Optimization solutions to make its supply chain a competitive advantage. Microsoft Copilot provides an enhanced user experience to assist humans with complex cognitive tasks and increase productivity.

Supply Chain Design Software 72

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Enterra Insights

JULY 22, 2020

between 2019 to 2024, more than doubling in size. These include demand forecasting, predictive pricing strategies, inventory management, logistics and predictive maintenance.” ”[5] She lists a number of ways organizations can use predictive insights for supply chain and logistics. ” Concluding thoughts.

Predictive Analytics 100

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Cathy Roberson

MAY 19, 2021

As shippers move past COVID-19 related closures, inventory replenishment has become a focus. To satisfy inventory needs, demand for imports has been on the rise since June of last year. billion in 2024, a 60% growth from 2019. Research firm, Gartner forecast the global TMS , market to grow to $2.11

Modeling 64

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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

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Supply Chain Matters

MARCH 5, 2024

Supply Chain Matters provides highlights of reported February 2024 global and regional production and supply chain PMI indices. The February 2024 reading of 50.3 We would add our observation that this is typical given the typical post Lunar New output increases derived from the seasonality of spring and summer inventory order rates.

Manufacturing Procurement 59

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Logistics Viewpoints

FEBRUARY 3, 2023

And now on to this week’s logistics news. The startup procured $400 million in a Series E financing round, led by One Madison Group and JS Capitol , that includes Walmart and existing investing partner SoftBank Vision Fund 1 in January 2022. Earlier this week, San Francisco-based vertical farming company Plenty Unlimited Inc.

Logistics Network Optimization Software 187

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Supply Chain Matters

FEBRUARY 14, 2024

The flexis capabilities are marketed to manufacturers seeking the ability to more flexibly schedule and sequence customer orders on production assembly lines, along with integrating with existing customer order systems for optimizing production dates based on inventory availability, production sequencing needs and transportation schedules.

Supply Chain Planning Software 52

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Supply Chain Matters

OCTOBER 6, 2023

Reportedly, destocking activities increased with finished product and raw materials inventories decreasing by the end of the quarter. As the final quarter approaches, businesses and their associated supply chain management teams must scrutinize their expected 2024 product demand and supply needs. was relatively unchanged from the 49.0

Manufacturing Procurement 59

Manufacturing Procurement Global Optimal Sourcing United Kingdom 59

Supply Chain Matters

JULY 18, 2023

the strategies were exploring nearshoring of prior foreign production, diversifying supplier networks and adding additional contingency inventories. The reduction in component level dependency for Dell was, according to Nikkei reporting, expected to take until the end of 2024 to complete. For those businesses located in the U.S.,

Sourcing Strategies 52

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ThroughPut

JUNE 24, 2022

At the same time, global spending on IIoT Platforms 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. Gaining Supply Chain Momentum with Artificial Intelligenc e(AI) in Supply Chains & Logistics. ACCURATE INVENTORY MANAGEMENT. WAREHOUSE EFFICIENCY.

Supply Chain Planning Software 98

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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. More widespread third-party logistics.

Inventory Management Software 80

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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. Material Handling & Logistics ). Material Handling & Logistics ). Logistics Management ). Logistics Management ).

Material Savings 207

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RFgen

NOVEMBER 21, 2019

Retail enterprises must automate their inventory processes with mobility in order to stay ahead. This is no surprise, since retail relies on inventory management software and hardware to track, procure and supply its products. Read More: 3 Ways to Accelerate Inventory Management ». Abandon Paper Processes.

Supply Chain Software 54

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RFgen

NOVEMBER 21, 2019

Retail enterprises must automate their inventory processes with mobility in order to stay ahead. This is no surprise, since retail relies on inventory management software and hardware to track, procure and supply its products. Read More: 3 Ways to Accelerate Inventory Management ». Abandon Paper Processes.

Supply Chain Software 52

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OptiProERP

SEPTEMBER 10, 2021

billion by 2024.” Procurement. Inventory Management . Procurement. The Procurement ERP software module helps you automate, track, and analyze quotes. Inventory Management. Inventory Management allows manufacturers to gain real-time inventory information and manage all aspects of the business on one platform.

Manufacturing Procurement 96

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