ThroughPut

JANUARY 2, 2024

The Just-In-Time inventory management approach revolutionized manufacturing forever. What is Just-In-Time (JIT) Inventory Management? Its central mission is to curtail inventory expenses and amplify operational efficiency by timing the receipt of goods to coincide with their actual need in the manufacturing cycle.

Inventory Reduction 52

Inventory Reduction Just-in-Time Resource Reduction Expense Reduction 52

Freightos

JANUARY 30, 2024

More Resources Home January 30, 2024 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. Europe prices (FBX11 Weekly) fell 1% to $5,456/FEU.

Negotiating Skills 270

Negotiating Skills Optimal Sourcing Asia Europe 270

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

Forecasting Forecasting Software Modeling Demand Planning Software 52

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

Synovos

JANUARY 24, 2024

RS Integrated Supply Joins Minority Supplier Development UK WARRINGTON, UK / RADNOR, PA 23 JANUARY 2024 – RS Integrated Supply, a global MRO supply chain management services company, announced it has joined Minority Supplier Development UK (MSDUK) as a corporate member as part of its commitment to growing a diverse supplier base.

Manufacturing Procurement 105

Manufacturing Procurement Procurement Solutions Purchasing Skills Optimal Sourcing 105

ToolsGroup

SEPTEMBER 18, 2023

Read the Q&A with Inna Kuznetsova for her latest insights on AI, innovation, 2024 supply chain trends, and women in supply chain HERE. Go to [link] to view the full list of winners. Recipients will be honored at this year’s Women in Supply Chain Forum, set to take place Nov. 14-15, 2023 in Atlanta.

Supply Chain Planning Software 156

Supply Chain Planning Software Supply Chain Software ToolsGroup Supply Chain Planning 156

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.

Electronics 52

Electronics Optimal Sourcing Modeling South Korea 52

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.

Optimal Sourcing 52

Optimal Sourcing Trends Procurement Analytics Sourcing Strategies 52

Supply Chain Matters

MARCH 6, 2024

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. All rights reserved.

Sourcing Strategies 52

Sourcing Strategies Austria Supply Chain Planning Software Manufacturing Procurement 52

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

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

Optimal Sourcing Procurement Analytics Sourcing Strategies Trends 52

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

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software 40

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

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

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. percent in 2024. The October PMI reported value fell to a three-month low of 48.8, down from the 49.2

Procurement Analytics 59

Procurement Analytics Manufacturing Procurement Report Global 59

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

Procurement Solutions Supply Chain Planning Software Supplier Management Modeling Software 94

Supply Chain Matters

SEPTEMBER 6, 2022

According to this report, citing industry research firm B raemar , global ocean container fleet size is forecasted to grow 9 percent in 2023 and 2024 , while container volume growth will moderate in 2023 and rise slightly in 2024. This will be good news in stemming supply chain driven inflation trending. Added Perspectives.

Report 52

Report Global Scenario Planning Forecasting 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

Resilinc

JULY 26, 2022

For supply chain managers charged with semiconductor procurement, this statement from TSMC CEO CC Wei may be of the more direct interest. in revenue growth over Q2 2021, TSMC acknowledged that a portion of its extraordinary growth arose from customers stockpiling large inventories. While reporting 76% YOY growth in profit and 43.5%

Manufacturing Procurement 62

Manufacturing Procurement Gartner Inventory Reduction Price Reduction 62

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 percent in Q1 , having further declined in Q4-2022 after new revisions.

Ireland 52

Ireland Lithuania Pharmaceutical Malta 52

ThroughPut

SEPTEMBER 14, 2022

According to a recent study, 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. Accurate Inventory Management – Accurate inventory management can ensure the right flow of items in and out of a warehouse.

Supply Chain Planning Software 52

Supply Chain Planning Software Inventory Management Software Forecasting Software Predictive Analytics Software 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

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

Manufacturing Procurement Global United Kingdom Purchasing Skills 59

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

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

Gartner Internet of things Supply Chain Design Software Supply Chain Software 127

Supply Chain Matters

APRIL 14, 2023

It includes Transporeon Execution Solutions , procurement, and market intelligence offerings along with Sixfold , a real-time visibility capability aggregating live data from supply chains across Europe leveraging AI based technology. billion market valuation based on 2024 revenue expectations in 2024. while securing a $5.4

Supply Chain Design Software 52

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Prescriptive Analytics Software 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

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. A company might order the same quantity of a product each month, not accounting for seasonal demand variations.

Prescriptive Analytics Software 52

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Predictive Analytics 52

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. TMS has come a long way since its early days.

Modeling 64

Modeling Capacity Supply Chain Planning Software Transportation 64

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. Our Maine associates have proven that high-quality athletic footwear can be produced in the U.S.

Manufacturing Procurement 52

Manufacturing Procurement Supply Chain Planning Sourcing Strategies Manufacturing 52

Supply Chain Matters

MARCH 27, 2024

There are two other harbor crossings but the prospects for high levels of traffic congestion loom large, especially for just-in-time inventory replenishment movements. Bob Ferrari © Copyright 2024, The Ferrari Consulting and Research Group and the Supply Chain Matters® blog. East Coast port presence helps in this determination.

Baltimore 52

Baltimore Supply Chain Design Software Supply Chain Design Supply Chain Software 52

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.

Supply Chain Design Software 72

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 72

Supply Chain Matters

SEPTEMBER 6, 2023

The overall pace of decline in overall new business was noted by the report authors as the steepest since January and have led Taiwanese manufacturers to lower their purchasing activities, drawdown inventory levels and continued staff level reductions. The inventories index decreased 2.1 Continued Contraction Levels for the U.S.

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Global Price Reduction 52

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

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. Carriers Will Lower Rates But Keep Many Others.

Agile and Lean Supply Chain 78

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

Intelligent Audit

DECEMBER 12, 2022

As shippers drew down existing inventories, replenishment became necessary to quickly satisfy consumers’ spending habits. 2022 ushered in a year of higher fuel prices attributed to the Russian invasion of Ukraine in March, declines in spot rates, and higher inventory levels for many retailers.

Cost Reduction Strategies 52

Cost Reduction Strategies Price Reduction Inventory Reduction Negotiating Skills 52

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

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