ToolsGroup

FEBRUARY 4, 2020

With the introduction of digital supply chains, the industry is moving into an era arguably on par with the industrial revolution. To deliver business transformation, the gap between company goals and digital supply chain strategy needs to close. Excess and obsolete inventory. Poor customer service levels.

Supply Chain Planning Software 232

Supply Chain Planning Software Supply Chain Planning Inventory Reduction Supply Chain Software 232

ToolsGroup

JANUARY 7, 2020

You can’t scan the headlines without coming across an article or advertisement about sustainability, but there is precious little information about how supply chain planning software supports green initiatives. Here are four ways smart supply chain planning directly impacts sustainability initiatives.

Inventory Reduction 194

Inventory Reduction Supply Chain Planning Software Waste Reduction Vendor Strategies 194

Logistics Bureau

JUNE 6, 2023

In the constantly evolving realm of the supply chain, paying close attention to its operations and management is essential for ensuring efficiency. Taking responsibility by assessing areas for improvement from time to time will help you achieve smooth and successful supply chain management.

Supply Chain Design 90

Supply Chain Design Supply Chain Optimization Supply Chain Video 90

Ware2Go

JUNE 20, 2023

See the latest insights on ocean freight rates and other trends that fast-growing businesses should know about to plan for 2023 peak season. In this article: Ocean Freight: Key Stats & Industry News Ocean Freight Shipping: What to Watch For In 2023 Freight Shipping From China & Alternatives What Are The Current Ocean Freight Rates?

Negotiating Skills 98

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C3 Solutions

AUGUST 30, 2022

The modern supply chain is growing more and more complex every day. With new technologies popping up, digital tools for all functions one can think of, and then some, supply chains now don’t necessarily need to run lean. Instead, modern supply chains need to be agile to be relevant.

Agile and Lean Supply Chain 148

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The Logistics & Supply Chain Management Society

FEBRUARY 15, 2021

And the lack of demand visibility is a big contributor to China-US ocean freight rates doubling to the West Coast since June, and passing USD4,000/FEU to the East Coast – which was surprising as most analysts thought that rates and profits would freefall. Is ocean freight pricing broken? Was it profiteering? And it can be fixed.

Purchasing Skills 217

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GlobalTranz

DECEMBER 22, 2020

In the first half of the year, panic buying drove supply and demand imbalance across the supply chain and caused truckload capacity to tighten. To help shippers prepare, we will examine contributing factors that will play a significant role in the 2021 truckload freight market. Rethink Inventory.

Forecasting 156

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Logistics Viewpoints

MAY 10, 2021

The SVP of Supply Chain at Walmart speaking at Blue Yonder’s virtual user conference. Following their fourth quarter results, top executives talked about their supply chain and omnichannel strategy at a high level. Mr. Guggina talked about how Walmart is approaching their supply chain transformation.

Supply Chain Planning Software 232

Supply Chain Planning Software Supply Chain Software Supply Chain Transformation Inventory Reduction 232

The Logistics & Supply Chain Management Society

SEPTEMBER 14, 2021

In fact, IDC predicts that manufacturers across Asia who digitally transform and accelerate sustainable innovation to improve supply chain operations, will increase their revenue by 20 percent in 2025. For reasons of climate change and profitability rewards, maintaining a more sustainable approach to the supply chain is obvious.

Supply Chain Planning Software 223

Supply Chain Planning Software Supply Chain Software Modeling Software Forecasting Software 223

Supply Chain Game Changer

SEPTEMBER 21, 2022

Subscribe to Supply Chain Game Changer. 10 Tips To Be A Successful Freight Broker! The Supply Chain industry provides vast employment opportunities, from procurement to warehouse inventory, management, and shipping. Freight brokers and agents contribute significantly to optimizing the shipping process.

Negotiating Skills 96

Negotiating Skills Freight Purchasing Skills Optimal Sourcing 96

The Logistics & Supply Chain Management Society

APRIL 26, 2022

Driving Sustainable Growth Through Supply Chain Resilience. Every industry sector and every business across the board, in APAC and around the globe have been impacted by the Great Supply Chain Disruption over the last two years, causing a blow out of transportation costs and continuous delays at every stage of the channel.

Supply Chain Planning Software 246

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 246

The Logistics & Supply Chain Management Society

AUGUST 20, 2020

RPA as it is also referred to, has the capability to transform supply chain management. For an industry that increasingly requires higher logistics pipeline velocity without sacrificing accuracy and at lower costs, RPA is a natural choice for high performing supply chain organisations. Inventory Management.

Supply Chain Software 246

Supply Chain Software Supply Chain Planning Software Optimal Sourcing Agile and Lean Supply Chain 246

Kinaxis

SEPTEMBER 6, 2017

The reasons behind this were well chronicled in a recent Wall Street Journal article. The new CEO embarked on several cost reduction initiatives in conjunction with a number of changes (some may argue too fast and too soon) on how the company operates its freight-trains. I used lead time as an example here.

Supply Chain Planning Software 241

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Supply Chain 241

The Logistics & Supply Chain Management Society

SEPTEMBER 21, 2022

The Green Corridor: Full Circle – The Promise and Struggles of the Circular Economy and Green Supply Chains. This is my mantra for building green supply chains. Green Supply Chains – The Right Place at The Right Time. by Timothy Foote , Founder of Susymbio. About the Author.

Supply Chain Design Software 246

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Forecasting Software 246

The Logistics of Logistics

JUNE 14, 2023

About Transport Topics Since 1935, Transport Topics has been the news leader in trucking and freight transportation. Below are some highlights from Seth’s article, 2023 Top 100 Logistics List Highlights Growth for 3PLs. Spot freight demand has softened, and truck capacity has loosened since the frenetic days of the 2021 freight boom.

Logistics Network Optimization Software 213

Logistics Network Optimization Software Supply Chain Planning Software St. Louis Company 213

The Logistics & Supply Chain Management Society

MARCH 16, 2021

Huge demand supply issues breaking the ever-so-fragile supply chain globally. In this phase, companies with relatively better supply chains, started to re-access the imperatives required to rebuild resilient and agile supply chains. The Critical Levers that Global supply chains need to Execute NOW.

Pharmaceutical 246

Pharmaceutical Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Software 246

Logistics Viewpoints

AUGUST 19, 2021

Note: Today’s post is part of our “Editor’s Choice” series where we highlight recent posts published by our sponsors that provide supply chain insights and advice. Today’s article is from GlobalTranz and looks at the difficult decision of transitioning in-house logistics to managed services. To read the full article, click HERE.

Logistics Network Optimization Software 251

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Precoro

MAY 19, 2023

According to McKinsey survey of global supply chain leaders , only 53% of respondents describe the quality of data in their supply chain planning systems as “sufficient” or “high.” less likely to be affected by supply chain disruptions.

Procurement Analytics 98

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Synovos

FEBRUARY 12, 2024

Demystifying MRO Inventory Optimization The goal of MRO inventory optimization is to utilize the products and materials held on or across sites as effectively as possible. Ensuring that you have what you need available when required helps eliminate excess stock and reduce inventory carrying costs. How do you achieve this?

Inventory Reduction 52

Inventory Reduction Price Mitigation Strategies Material Savings Optimization Software 52

Cathy Roberson

SEPTEMBER 7, 2021

Despite supply chain costs increasing and available capacity almost a rarity, retailers are undertaking a variety of ways to make sure they receive their inventory in time for the ever-important holiday season. “We feel good about the composition of our inventory. .

Inventory Reduction 92

Inventory Reduction Inventory Sourcing Strategies Retail 92

The Logistics & Supply Chain Management Society

DECEMBER 21, 2021

Recent cumulative events have increased the emphasis on the supply chain, emphasizing its importance and bringing it to the fore. As was quoted, “no one mentions the supply chain when it works, but when it fails….” A focus over the last 18 months has been on resiliency – being able to withstand shocks and changes.

Predictive Analytics Software 246

Predictive Analytics Software Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 246

Logistics Viewpoints

MARCH 6, 2023

When companies want to digitally transform their supply chain capabilities, moving to an integrated business planning process (IBP) is often at the heart of the transformation. In one article , Mr. Sorenson points out that IBP works better for small manufacturers than large ones. Dean Sorenson concurs.

Supply Chain Planning Software 234

Supply Chain Planning Software Supply Chain Transformation Modeling Scenario Planning 234

QAD

AUGUST 16, 2022

Unpredictability is undoubtedly the major issue manufacturers face when dealing with fragmented supply chains. As the supply chain breaks, manufacturers must find new suppliers and new transport routes and find them rapidly, so that production doesn’t come to a halt. It’s exhausting for supply chain leaders.

Optimal Sourcing 94

Optimal Sourcing Supply Chain Software Manufacturing Procurement Supply Chain Design Software 94

Logistics Viewpoints

JANUARY 11, 2023

In early November, my colleague Steve Banker wrote an article looking at the top supply chain trends for 2023 and beyond. Supply chain disruptions have brought about an age of innovation. In my presentation, I highlighted five key transportation trends that are changing supply chains from a technology standpoint.

Logistics Network Optimization Software 216

Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Design Software Forecasting Software 216

Logistics Viewpoints

MAY 27, 2022

Dick’s Sporting Goods Beats Forecast in Q1 But Cautions on Inflation, Supply Chain. North American Transborder Freight up 23.8% The more cautious outlook is driven by wage and inflationary pressures, as well as increased freight costs. The US Department of Transportation reported that transborder freight between the U.S.

Logistics Network Optimization Software 251

Logistics Network Optimization Software Supply Chain Network Software Real Estate Forecasting Software 251

Enterra Insights

APRIL 18, 2024

In one of those early articles, I wrote, “Globalization integrates trade by disintegrating production chains and dispersing them across economies. But as the costs of transportation increase, the length of supply lines is beginning to decrease. .”[1]

Global 130

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Cathy Roberson

AUGUST 15, 2022

(All photos credited to Depositphotos.com) Thanks for reading Rethinking supply chains! Many retailers are feeling inventory pains despite assuring analysts that they're quite pleased with their inventory levels. Some retailers may have seen these signs but could not pivot quickly enough because of supply chain delays.

Inventory Reduction 52

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The Logistics & Supply Chain Management Society

JULY 16, 2023

Risk Management in Global Ocean Context Feature Article by LSCMS Shippers Council Rates have gone down massively in most trade lanes; congestion has eased, and capacity seems sufficient in most sectors. This is the first article of four-part series that will attempt to look at specific areas of risk or management of risk itself.

Risk Management 130

Risk Management Global Price Reduction Inventory Reduction 130

Supply Chain Game Changer

DECEMBER 17, 2020

Subscribe to Supply Chain Game Changer. What’s the Difference Between Freight Management and Logistics Management? Freight Management services article and permission to publish here provided by Saheer Gurjot. Through these services, you gain the expert logistical and supply chain support your company needs.

Logistics Network Optimization Software 78

Logistics Network Optimization Software Freight Expense Reduction Cost Reduction Strategies 78

The Logistics & Supply Chain Management Society

OCTOBER 15, 2023

In the article My Visit to Energy Observer – A Tour into the Future of Ocean Travel , I wrote how using the sun, the wind and the ocean’s own water was being used to send one research vessel around the world emissions free. For visualizing a products next life or “end of product life”, I will be focussing on packaging. #1

Optimal Sourcing 162

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Supply Chain Game Changer

SEPTEMBER 17, 2020

Subscribe to Supply Chain Game Changer. Supply Chain Systems article and permission to publish here provided by Dave Joseph at veridian.info. The warehouse management system (WMS) is the most recognizable and diverse of the e-commerce supply chains’ system lineup. Subscribe Here! Email Address.

Inventory Management Software 105

Inventory Management Software Demand Planning Software Supply Chain Software Sourcing Strategies 105

BlueYonder

JANUARY 24, 2023

In a series of blog articles, the Product/Solutions Marketing team explores new business challenges and innovation solutions to change the game and manage disruptions. Salim: What we are seeing on the supply side is complexity with increased volatility and uncertainty. Salim: The automotive supply chain has many different parts.

Automotive 69

Automotive Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain 69

Arkieva

AUGUST 8, 2016

A new study by the SupplyChainDigest analyzing the main components of working capital: Days Sales Outstanding (DSO), Days Inventory Outstanding (DIO), and Days Payables Outstanding (DPO) revealed an uptick in DIO. This and much more, in your Monday supply chain briefing from Arkieva. Supply Chain News.

Sourcing Strategies 60

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QAD

NOVEMBER 17, 2022

The scenario of a rail strike sheds light on the unsteadiness that has come to define today’s global supply chain, as QAD’s Stephen Dombroski wrote recently in an article in Food Logistics. According to a recent Bloomberg article , trains move about 28% of total U.S. Transportation-related Supply Chain Challenges Remain.

Scenario Planning 96

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Supply Chain Opz

JUNE 23, 2014

Inventory management is one of the most important tasks for supply chain management professionals. However, most inventory control theories are too complicated or too difficult to apply to real world situations. So sticking to simple methods always yield better results.

Inventory Management Software 220

Inventory Management Software Inventory Management Inventory Reduction Inventory 220

Logistics Bureau

MAY 24, 2021

Among the universal challenges that the COVID-19 pandemic has imposed upon the supply chain management profession is the question of inventory, specifically, “how much is enough?”. It wasn’t long ago that businesses were asking, “By how much can I reduce my levels of inventory?”.

Inventory Reduction 98

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Supply Chain Game Changer

OCTOBER 29, 2020

Subscribe to Supply Chain Game Changer. Do You Have Hidden Freight Costs? Freight sourcing team article and permission to publish here provided by Katharine Barrios at xeneta.com. Freight sourcing and procurement is a critical component of the whole supply chain and is crucial to the success of the business.

Sourcing Strategies 75

Sourcing Strategies Negotiating Skills Optimal Sourcing Negotiate Pricing 75