Intelligent Audit

DECEMBER 12, 2022

The Inflation Reduction Act, signed in August, is designed to ease rising cost pressures for businesses and consumers. Its main intention is to curb inflation by reducing the federal deficit, lowering prescription drug prices, and investing in domestic energy production while promoting clean energy. gateways for Asian imports.

Cost Reduction Strategies 52

Cost Reduction Strategies Price Reduction Inventory Reduction Negotiating Skills 52

Locus Robotics

MARCH 14, 2024

March 14, 2024 5 Top Takeaways from MODEX 2024 Mary Hart , Senior Content Marketing Manager The booths are down, the Georgia World Congress Center floors are quiet (until the next tradeshow), and the LocusBots are on their way home along with their human colleagues, but the energy and memories of MODEX 2024 remain high.

Prescriptive Analytics Software 59

Prescriptive Analytics Software Inventory Management Software Supply Chain Software Analytics Software 59

EMERGE App

APRIL 5, 2024

The picture of wholesale distribution industry in 2024 The report from Research and Markets forecasts that the wholesale market size will reach $68,092.65 Understanding the right approach to survival in this industry in 2024 might be the best abundance now. 7 pointers that can help your business survive in 2024 and beyond 1.

Purchasing Skills 52

Purchasing Skills Negotiating Skills Price Reduction Sourcing Strategies 52

SCMDOJO

APRIL 15, 2024

Amazon’s Mission Its unwavering commitment to customer satisfaction is at the heart of Amazon’s logistics strategy. Prime Membership: Amazon Prime – Subscription service offering benefits such as free two-day shipping, access to Prime Video, Prime Music, and exclusive deals.

Logistics Network Optimization Software 82

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

Supply Chain Matters

MAY 23, 2024

As the beginning of 2024 Target announced a ten year investment in upwards of 300 larger stores, along with continuing to invest in select existing stores, which can stock added food and grocery items along with supporting online customer fulfillment and pick-up from store locations. That condition has not favored Target.

Report 52

Report Inventory Reduction Price Reduction Supply Chain Planning Software 52

Freightos

OCTOBER 25, 2023

Visit our Resource Center Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) decreased 3% to $1,499/FEU. Asia-US East Coast prices (FBX03 Weekly) fell 4% to $2,141/FEU. Europe prices (FBX11 Weekly) increased 3% to $978/FEU. America weekly prices were level at $4.80/kg

Asia 178

Asia Europe Price Reduction Freight 178

Locus

JUNE 16, 2023

This phase isn’t just a logistical necessity—it swallows up between 40-55% of total shipping costs. Fuel costs: Last-mile fuel costs require careful management as they make up 25% of a truck’s operational costs over volatile price fluctuations. These include: 1.

Cost Reduction Strategies 98

Cost Reduction Strategies Expense Reduction Price Reduction Inventory Reduction 98

ThroughPut

MAY 3, 2024

As we step into 2024, the world of logistics isn’t what it used to be. With the help of the best Logistics Management Software, you can effectively manage the multifaceted process involved right from the production cycle to the delivery of raw materials to shipping the finished products to the consumers. We’ve all been witness to this!

Procurement Solutions 52

Procurement Solutions Logistics Network Optimization Software Supply Chain Planning Software Prescriptive Analytics Software 52

Logistics Viewpoints

AUGUST 19, 2022

The agency relies on the sale of postage products to fund its operations, but Postmaster General Louis DeJoy said that the agency was facing a $60 billion to $70 billion shortfall over the next decade without substantial revisions and price hikes. For merchants using FBA, Amazon handles the process of picking, packing, and shipping items.

Logistics Network Optimization Software 199

Logistics Network Optimization Software Supply Chain Planning Software Inventory Reduction Cost Reduction Strategies 199

Supply Chain Matters

JUNE 4, 2024

Supply Chain Matters provides readers and clients with a further installment in our global supply chain assessment series in providing highlights on reported May 2024 global PMI activity levels. The May slowdown was attributed to a severe heat wave resulting in reduced working hours. Although the May reading of 57.5

Manufacturing Procurement 59

Manufacturing Procurement Optimal Sourcing Manufacturing Global 59

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. Spot rates for the Shanghai to Los Angeles shipping lane segment reportedly averaged $1823. The two U.S.

Negotiating Skills 52

Negotiating Skills Inventory Reduction Cost Reduction Strategies Price Reduction 52

ToolsGroup

AUGUST 1, 2022

Returns come with plenty of challenges around logistics, inventory, and predicting volatile sales trends. As a retailer, you must plan a customer-centric returns strategy in order to build client trust and prevent negative reviews on social media, websites, and other channels where customers interact. Returns do more than drive growth.

Retail 296

Retail Optimal Sourcing Purchasing Skills Procurement Solutions 296

ThroughPut

MARCH 28, 2024

Whether it is optimizing supply chains to reduce waste or adopting smart agriculture practices to improve yield, AI impacts efficiency, personalization and sustainability. billion in 2024. As per a recent study, AI can help reduce production costs by almost 20% in the agriculture sector! billion by 2029. billion by 2029.

Case Study 52

Case Study Optimal Sourcing Supply Chain Planning Software Food 52

Supply Chain Matters

MAY 9, 2024

Supply Chain Matters provides highlights and added perspectives of Amazon’s recently reported Q1-2024 financial performance. Q1-2024 Quarterly Financial Performance Once again, Amazon exceeded Wall Street and investor expectations in delivering stellar financial performance for the recent Q1 reporting period. billion in Q2-2023.

North America 52

North America Supply Chain Software Inventory Reduction Cost Reduction Strategies 52

The Logistics & Supply Chain Management Society

JANUARY 3, 2024

In the sector, the bullwhip impact is high, the inflationary pressures of crude oil prices immense, the variability from energy outages painful, and inventories relatively low. If ERP system input includes lead time, why is there such bloat and a problem with inventory restatements? Focus on right-sizing inventories.

Supply Chain Design Software 130

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

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. Brands must begin to wrap their heads around these immersive virtual spaces and plan their corporate metaverse strategy or run the risk of falling behind.” Social Selling.

Supply Chain Planning Software 177

Supply Chain Planning Software Trends Retail Forecasting Software 177

Supply Chain Matters

JANUARY 8, 2024

Manufacturing job losses were reportedly registered for the fourth consecutive month in December, with cuts noted in China , the Euro area , the U.S. That remains a troubling indicator for added supply chain momentum into the first half of 2024. The pivotal turning point in the inventory cycle is a key factor for initiating a recovery.

Manufacturing Procurement 52

Manufacturing Procurement Global Procurement Analytics Myanmar 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

BlueYonder

MARCH 12, 2024

But much of this growth can be attributed to price increases. Whether caused by more frequent extreme weather events , blocked shipping routes and geopolitical events , or labor shortages , disruptions have the power to throw the most carefully defined demand and supply plans into disarray.

Supply Chain Planning Software 67

Supply Chain Planning Software Demand Planning Software Supply and Demand Scenario Planning 67

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

Panama Modeling Supply Chain Planning Software Supply Chain Optimization 62

QAD

MAY 23, 2023

Ninety percent of companies have an ESG strategy in place and chances are good yours does, too – or will very soon. It’s easy to forget about where materials come from when you’re holding a product in your hand or looking for a supplier that can offer a great deal and reliable shipping, but many of those items come with ESG implications.

Procurement Solutions 92

Procurement Solutions Supply Chain Planning Software Supplier Management Modeling Software 92

Intelligent Audit

SEPTEMBER 28, 2022

As gas prices begin to creep up , shippers are growing anxious about what the coming months will bring. Despite falling short of last year’s holiday shipping traffic expectations, CEO Carol Tomé predicts a strong peak season in 2023, saying in a late July Earnings Conference Call , “ Inventory levels are good.

Price Reduction 52

Price Reduction Supply Chain Planning Software Industrial Industry 52

Resilinc

JULY 26, 2022

On the other hand, the continuing challenges with semiconductor supplies has been good for Samsung, TSMC, and other major chip players who are leveraging their positions to support pricing and expand their presence in key areas of the semiconductor value chain. Among top PC makers, only Apple showed growth in unit sales, shipping 9.3%

Manufacturing Procurement 62

Manufacturing Procurement Gartner Inventory Reduction Price Reduction 62

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. Alternative Fulfillment Strategies Will Be Key. 30 November 2022. <[link].

Agile and Lean Supply Chain 78

Agile and Lean Supply Chain Supply Chain Software Supply Chain Planning Software Trends 78

Supply Chain Matters

APRIL 30, 2024

Supply Chain Matters draws reader attention to a published report that depicts how branded company Nike made strategic mistakes in its online distribution strategy during the time of Covid , and how the shoe and athletic goods retailer is still recovering. They smack of Nike’s iconic branding message: Just Do it !

Inventory Reduction 52

Inventory Reduction Price Reduction Vendor Strategies Cost Reduction Strategies 52

Freightos

AUGUST 29, 2023

Visit our Resource Center Weekly highlights Ocean rates – Freightos Baltic Index : Asia-US West Coast prices (FBX01 Weekly) increased 5% to $2,029/FEU. Asia-US East Coast prices(FBX03 Weekly) climbed 3% to $3,075/FEU. Europe prices(FBX11 Weekly) increased 2% to $1,747/FEU. America weekly prices increased 6% to $4.02/kg

Price Reduction 254

Price Reduction Asia Europe Resource Reduction 254

Locus

AUGUST 2, 2022

Managing delays and delivery exceptions successfully Minimizing risks in shipping and saving money on every delivery Reducing operational shipping expenses and maintaining high profits Maintaining consistency in delivering products on time Cutting down extra costs incurred due to high volume of returns. It involves.

Modeling 52

Modeling Modeling Software Optimization Modeling Trends 52

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

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. While demand remains high, the lack of volume points to a troubling lack of peak season increases for an air cargo industry already struggling with volatile fuel prices. inflation, the 7.9%

Turkey 52

Turkey Supply Chain Design Software Optimal Sourcing Price Reduction 52

Freightos

MARCH 23, 2023

As volumes and congestion have eased though, Sea Intelligence data shows that reliability is improving (though with about 50% of ships arriving on time, things are still not great compared the 80% pre-pandemic norm) and utilization levels are back to pre-pandemic levels which in turn are driving the decrease in rates. What just happened???

Price Reduction 156

Price Reduction Industrial Industry Inventory Reduction 156

Proxima

AUGUST 3, 2020

However, anything that touches automation comes with a large price tag. billion by 2024. They need to understand what that data looks like and what investments are needed alongside the business strategy.”. Smart organizations are already working to reshape short-term and long-term strategies for the returns market.

Supply Chain Software 52

Supply Chain Software Supply Chain Planning Software Sourcing Strategies Supply Chain Strategy 52

Locus Robotics

APRIL 3, 2024

April 03, 2024 4 Reasons Pick Velocity Beats Storage Density for Your Warehouse Mary Hart , Senior Content Marketing Manager As a warehouse manager, you can feel like you’re in the circus juggling optimization and productivity because customers expect their orders to be fulfilled and delivered with lightning speed. So where's the downside?

Warehousing 52

Warehousing Inventory Reduction Resource Reduction Cost Reduction Strategies 52

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 New export orders reportedly increased for the first time in three months while selling prices were noted as increasing at the fastest pace in ten months.

Manufacturing Procurement 59

Manufacturing Procurement Global United Kingdom Purchasing Skills 59

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.” That’s why spending on supply chain advanced analytics is on the rise. ” Predictive analytics and future supply chains.

Predictive Analytics 100

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

Enterra Insights

APRIL 4, 2024

”[2] Nefarious consumers use a number of strategies to defraud retailers. Others examining returned purchases of purported luxury goods are instead finding counterfeits sent in by customers looking for refunds on full-price, deluxe merchandise.” That amounted to about 13.7%

Price Reduction 100

Price Reduction Supply Chain Strategy Cost Reduction Strategies Inventory Reduction 100

ToolsGroup

APRIL 1, 2022

How the War in Ukraine is Impacting the Supply Chain and Raw Material Prices. Increased Prices Resulting from Shortages and Supply Chain Issues. Increased Shipping Costs, Delays, and Transportation Issues. Dealing with the Shipping Container Crisis. In fact, Sherwin Williams cut sales by 3.5% Consultancy UK).

Material Savings 207

Material Savings Purchasing Skills Supply Chain Planning Software Manufacturing Procurement 207

Unleashed

MAY 19, 2020

billion by 2024, according to Business Wire. Leveraging the best manufacturing Enterprise Resource Planning (ERP) software, maximising productive efficiency, and accessing management expertise early , are the strategies that will set the best apart. Craft brewing is projected to be a US$107 billion industry by 2024.

Supply Chain Planning Software 98

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