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

Logistics Viewpoints

JANUARY 12, 2024

As a New England Patriots fan, this season was certainly disappointing, as everything seemed to go wrong, except for landing a top-3 draft pick in 2024. Amazon shipped last-minute Christmas gifts faster in 2023 than in 2022, according to data from analyst firm Momentum Commerce. And now on to this week’s logistics news. percent of U.S.

Logistics Network Optimization Software 257

Logistics Network Optimization Software Price Reduction Inventory Reduction Resource Reduction 257

Supply Chain Shaman

DECEMBER 7, 2023

In addition, the Council will conduct a supply chain review by December 31, 2024, to evaluate the impact of the supply chain on National Security Lora’s Take I think that we need to be skeptical without getting political. I am currently doing research on inventory management. No technology in the market measures inventory health.

Supply Chain Design Software 307

Supply Chain Design Software Supply Chain Planning Software Modeling Supply Chain Software 307

Supply Chain Matters

DECEMBER 4, 2023

Supply Chain Matters provides a further global supply chain assessment in the highlights and added insights on reported November 2023 global and regional production and supply chain PMI indices. Global Wide Manufacturing Activity Levels Global manufacturing activity as reported by the J.P. reported in October. in November.

Procurement Analytics 59

Procurement Analytics Manufacturing Procurement Report Global 59

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 219

Supply Chain Planning Software Supply Chain Design Software How To Inventory Reduction 219

Enterra Insights

FEBRUARY 29, 2024

Although one extra day may seem insignificant, it can be a real hurdle for those who manage inventory, shipping schedules, and supply chains. They are: • Inventory Management. … Special Leap Day promotions can be tempting but demand careful inventory planning to avoid stockouts. Don’t promise what you can’t deliver!”

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Optimization Supply Chain Planning Agile and Lean Supply Chain 130

Freightos

OCTOBER 25, 2023

Dive deeper into freight data that matters Stay in the know in the now with instant freight data reporting Sign up for Free Analysis The latest data from September showed continued strength among US consumers as retail spending increased.07% Europe weekly prices increased 4% to $3.86/kg. Europe – N. 07% compared to August.

Asia 177

Asia Europe Price Reduction Freight 177

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

Report Global Scenario Planning Forecasting 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. Then, there’s the issue of surplus inventory. Demand variability has always confounded inventory planning.

Demand Planning Software 173

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

Supply Chain Matters

MARCH 6, 2024

Fisker’s Financial Performance and Subsequent Warning In conjunction with the reporting of 2023 financial performance, California based Fisker announced that the company would lay off upwards of 15 percent of its current staffing, amid cash and ongoing business and supply chain related challenges. based dealer network.

Sourcing Strategies 52

Sourcing Strategies Austria Supply Chain Planning Software Manufacturing Procurement 52

ToolsGroup

AUGUST 1, 2022

Returns come with plenty of challenges around logistics, inventory, and predicting volatile sales trends. 54% of buyers report that free returns or exchanges are the second biggest factor in determining if they will be returning shoppers. 83% of consumers with a household income of over $100,000 report that returns are important.

Retail 296

Retail Optimal Sourcing Purchasing Skills Procurement Solutions 296

Supply Chain Matters

JANUARY 8, 2024

Supply Chain Matters provides a further installment in our global supply chain assessment in the highlights on reported December 2023, Q3-2023, and full year global and regional production and supply chain PMI indices. With the December 2023 report, global PMI levels have remained below the 50.0 The reported December value of 47.9

Manufacturing Procurement 52

Manufacturing Procurement Global Procurement Analytics Myanmar 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

Supply Chain Matters

FEBRUARY 7, 2024

We believe that these inventory management, customer and last-mile fulfillment strategies will have industry wide implications in terms of competitive stakes and cost-to-serve. Across the United States , Amazon elected to change its former predominant west to east coast hub based inventory and fulfilment distribution network.

Supply Chain Network Software 52

Supply Chain Network Software Inventory Reduction Cost Reduction Strategies Inventory Management Software 52

Synovos

JULY 24, 2023

This has been made possible through modal shifts from air to sea or air to road and optimizing its supply chain to source, store and ship more products locally. RS is also aspiring to grow this range to 100,000 products globally by 2024/25.

Inventory Reduction 52

Inventory Reduction Sourcing Strategies Cost Reduction Strategies Government 52

SCMDOJO

APRIL 15, 2024

Prime Membership: Amazon Prime – Subscription service offering benefits such as free two-day shipping, access to Prime Video, Prime Music, and exclusive deals. With a wide array of products stored in its fulfillment centers, Amazon can consolidate orders and optimize its inventory management systems.

Logistics Network Optimization Software 79

Logistics Network Optimization Software Inventory Reduction Sourcing Strategies Inventory Management Software 79

Supply Chain Matters

MARCH 27, 2024

A day has passed after a container ship lost power and crashed into a support pylon of Baltimore, Maryland’s Francis Scott Key Bridge in the early morning hours of March 26. The 24 crewmembers aboard the vessel have been reported as not incurring any injuries. The collision caused this massive bridge spanning 1.6

Baltimore 52

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

Supply Chain Matters

DECEMBER 27, 2023

Just prior to the Christmas holiday, global transportation and logistics services provider FedEx formally reported fiscal second quarter financial performance that fell short of expectations. CEO Raj Subramaniam specifically indicated: “ The inventory destocking phase has yet to begin in earnest.” billion compared to $22.8

Cost Reduction Strategies 52

Cost Reduction Strategies Inventory Reduction Supply Chain Planning Forecasting 52

Supply Chain Matters

DECEMBER 28, 2023

Reuters , in its reporting of this week’s Mastercard estimate included a chart which contrasted this year’s estimated 3.1 percent increase reported for 2022 and an 8.5 percent increase reported for 2021. percent along with last year’s reported 10.6 percent increase, with a 7.6 In reality, the 3.1 In reality, the 3.1

Forecasting 52

Forecasting Apparel Inventory Reduction Journal 52

Supply Chain Matters

APRIL 4, 2024

In reporting of the latest investment, The Wall Street Journal observed that the total investment represents Amazon’s largest investment in another company since its founding 30 years ago. With this latest investment, Amazon ’s total investment in this AI start-up amounts to $4 billion, and reportedly has a minority ownership.

Supply Chain Design Software 40

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

Supply Chain Matters

MAY 22, 2023

The Logistics Managers Index Report® , compiled by researchers at Arizona State University, Colorado State University, Rochester Institute of Technology, Rutgers University and the University of Nevada Reno , and in conjunction with the Council of Supply Chain Management Professionals (CSCMP), reported an April 2023 value of 50.9,

Negotiating Skills 52

Negotiating Skills Inventory Reduction Cost Reduction Strategies Price Reduction 52

Enterra Insights

AUGUST 18, 2021

” Inventory Management. Inventory embedded with the proper sensors can be tracked in real-time via the IoT. Supply chain journalist Catherine Metcalf explains, “Businesses can now place IoT sensors with a variety of components to help manage inventory more efficiently. Now, the cobot brings everything to the picker.”

Supply Chain Design Software 130

Supply Chain Design Software Supply Chain Optimization Agile and Lean Supply Chain Supply Chain Design 130

Supply Chain Matters

OCTOBER 19, 2023

Supply Chain Matters highlights for its readership a published report that once again points to the strategic threat that Amazon is developing to yet again disrupt the retail and wholesale industry. We collectively have to admire what this platform provider has accomplished across various dimensions.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Expense Reduction Inventory Reduction Cost Reduction Strategies 52

Resilinc

JULY 26, 2022

Among top PC makers, only Apple showed growth in unit sales, shipping 9.3% In guidance released ahead of its quarterly report, Samsung estimated a 21% bump in revenues and 11% increase in profits over Q2 2021. While reporting 76% YOY growth in profit and 43.5% YOY—the sharpest drop in nine years.

Manufacturing Procurement 62

Manufacturing Procurement Gartner Inventory Reduction Price Reduction 62

ToolsGroup

FEBRUARY 7, 2022

When looking at global online sales, Salesforce reports 57% digital growth in 2020, and 16% growth in 2021, with eMarketer data predicting a continued increase through 2025. 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. Social Selling.

Supply Chain Planning Software 177

Supply Chain Planning Software Trends Retail Forecasting Software 177

ModusLink Corporation

MAY 23, 2023

Global fulfillment , shipping, and transportation companies focused on customer demands and order fulfillment rely on multiple channels to maximize the opportunities global import and export trade allows. The documentation and reporting of the required paperwork to the authorities.

Optimal Sourcing 78

Optimal Sourcing Supply Chain Optimization Supply Chain Design Supply Chain Software 78

Supply Chain Matters

MARCH 5, 2024

Supply Chain Matters provides highlights of reported February 2024 global and regional production and supply chain PMI indices. Report commentary further indicated that while global consumer goods production levels features solid monthly growth, both the intermediate and investment goods sectors were marginal in growth.

Manufacturing Procurement 59

Manufacturing Procurement Global United Kingdom Purchasing Skills 59

QAD

MAY 23, 2023

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. The International Labor Organization reports that 27.6

Procurement Solutions 92

Procurement Solutions Supply Chain Planning Software Supplier Management Modeling Software 92

SCMDOJO

APRIL 24, 2024

In 2024, the logistics and supply chain industry will continue its transformative journey, driven by technological advancements and growing consumer expectations. According to industry reports, over half of business leaders acknowledge the need for supply chain improvements, with 52% believing they could enhance their operations.

Optimal Sourcing 57

Optimal Sourcing Agile and Lean Supply Chain Waste Reduction Material Savings 57

Freightos

AUGUST 29, 2023

Dive deeper into freight data that matters Stay in the know in the now with instant freight data reporting Sign up for Free Analysis Though US retail spending has held up even as inflation cools, sales across major retailers have been uneven. China – N.

Price Reduction 258

Price Reduction Asia Europe Resource Reduction 258

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. 9, Supply Chain Dive published the thoughts of four ocean shipping industry leaders in response to the question, “ What should ocean shippers expect this peak season? ” . Roughly 2.5%

Turkey 52

Turkey Supply Chain Design Software Optimal Sourcing Price Reduction 52

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. Visualization and Reporting : Complex data sets need to be translated into understandable and actionable formats.

Prescriptive Analytics Software 52

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Predictive Analytics 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

SEPTEMBER 28, 2022

Intelligent Audit CEO Hannah Testani, in a LinkedIn post congratulating her company on its performance, wrote “ I’ve never been more excited about the potential in our industry to truly empower shippers to ship smarter by leveraging clean, normalized, transformative actionable intelligence. ”. UPS Sets High Bar for Peak Season Hiring Goals.

Price Reduction 52

Price Reduction Supply Chain Planning Software Industrial Industry 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. Container shipping to hit bottom in mid-2023, forecasts HSBC.

Agile and Lean Supply Chain 78

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

Locus

JUNE 16, 2023

This phase isn’t just a logistical necessity—it swallows up between 40-55% of total shipping costs. A recent analysis by the American Trucking Associations (ATA) indicates that if existing trends persist, we could see a potential driver shortage reaching up to 175,000 by 2024.

Cost Reduction Strategies 98

Cost Reduction Strategies Expense Reduction Price Reduction Inventory Reduction 98

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