The Logistics & Supply Chain Management Society

SEPTEMBER 14, 2021

Sustainability is definitely coming of age in Asia. 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. The role of artificial intelligence in dynamic routing.

Supply Chain Planning Software 223

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

Logistics Viewpoints

JANUARY 12, 2023

” E2E also means being able to see things when they are not in transit, such as raw materials upstream, inventory in a warehouse or yard, products in retail outlets, or shipments stuck in customs. Contrast that with Southeast Asia, where we have to fill the gap with cell phone triangulation.

Supply Chain Planning Software 191

Supply Chain Planning Software Supply Chain Visibility Supply Chain Design Software Real-time Visibility 191

Logility

MAY 17, 2023

According to Reshoring Initiative , companies seeking to limit their exposure to supply chain uncertainties and global conflict risks are moving operations from East Asia to the United States or as close as possible. They’re also carefully pursuing suppliers, manufacturing, and distribution locations that are sustainable and resilient.

Vendor Strategies 171

Vendor Strategies Cost Reduction Strategies Price Reduction Inventory Reduction 171

SYSPRO Smarter ERP

OCTOBER 9, 2023

The Asia-Pacific region has one of the largest number of fabricated metals manufacturers in the world. Understanding material costing requires information about procurement activities and how long materials linger in inventory before they are used to generate revenue. This can be used in costing analysis and equipment profitability.

Manufacturing Procurement 111

Manufacturing Procurement Cost Reduction Strategies Purchasing Skills Quality 111

Logistics Viewpoints

MAY 12, 2022

Amidst ongoing uncertainty caused by COVID-19 lockdowns in Asia, war in Europe, scarce raw materials and steep inflation, companies are stockpiling inventory as never before in the hopes of mitigating future supply chain shocks. As soon as inventory hits the yard, it gets lost in a shuffle of trailers.

Supply Chain Design Software 188

Supply Chain Design Software Supply Chain Planning Software Demand Planning Software Analytics Software 188

RFgen

MAY 2, 2019

The ability to meet a projected increase in demand with consistent reliability is a top priority for supply chain managers at chemical manufacturing firms, according to Supply Management. The importance is based on companies’ needs in the chemical supply chain – from suppliers to downstream customers – to reduce inventory.

Inventory Reduction 52

Inventory Reduction Chemicals Supply Chain Software Waste Reduction 52

RFgen

MAY 2, 2019

The ability to meet a projected increase in demand with consistent reliability is a top priority for supply chain managers at chemical manufacturing firms, according to Supply Management. The importance is based on companies’ needs in the chemical supply chain – from suppliers to downstream customers – to reduce inventory.

Inventory Reduction 52

Inventory Reduction Chemicals Supply Chain Software Waste Reduction 52

ToolsGroup

DECEMBER 20, 2021

The problems we are experiencing now started in March 2020 when COVID hit and suppliers in Asia shut down. . When capacity was cut, so too was the empty supply of containers back to Asia. Many either couldn’t meet the pressured timings else they couldn’t get hold of raw materials to make the end-products. .

Supply Chain Disruption 194

Supply Chain Disruption Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 194

The Logistics & Supply Chain Management Society

AUGUST 14, 2023

Breaking Boundaries: Exploring Generative AI’s Impact on Supply Chains Supply chains encompass many interconnected activities, from procurement, production, and inventory management, to logistics and distribution. These activities involve numerous stakeholders, such as suppliers, manufacturers, distributors, and retailers.

Optimal Sourcing 244

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Modeling 244

ToolsGroup

MARCH 17, 2020

Commonly companies will use a “firefighting” response in times of supply chain disruption in order to meet service levels. Usually disruptive events require redefinition and reconfiguring of the supply chain network in order to identify correct allocation of flows and inventory. Use demand modeling to fine-tune demand forecasts.

Supply Chain Planning Software 215

Supply Chain Planning Software Modeling Scenario Planning Supply Chain Planning 215

EMERGE App

FEBRUARY 22, 2019

But while the newly arrived goods sit in your warehouse, did you know that there are also costs associated with keeping inventory? They are collectively called inventory carrying costs because they need to be paid to hold inventory. Here, we’ll explore what is meant by inventory carrying costs and their examples.

Inventory Reduction 75

Inventory Reduction Cost Reduction Strategies Purchasing Skills Inventory 75

Supply Chain Shaman

JANUARY 31, 2022

Overall lead times from North America to Asia took 17 days longer than from Asia to North America, or 25% longer. I worked with the organization for a year and scheduled a meeting with Lucas to explain that his policies were the primary issue. In addition, Lucas used inventory as a slush fund to make quarterly earnings.

Procurement Analytics 217

Procurement Analytics Manufacturing Procurement Supply Chain Planning Software Sourcing Strategies 217

The Logistics & Supply Chain Management Society

AUGUST 14, 2023

Essential Skills for Supply Chain Leaders in Asia during Pandemic The Asian Institute of Management conducted a study across orgainsations in Asia to identify crucial skills and competencies required by supply chain managers and leaders in Asia.

Purchasing Skills 130

Purchasing Skills Buyer Training Asia Supply Chain Design Software 130

Supply Chain Shaman

FEBRUARY 7, 2022

Overall lead times from North America to Asia took 17 days longer than from Asia to North America, or 25% longer. I worked with the organization for a year and scheduled a meeting with Lucas to explain that his policies were the primary issue. In addition, Lucas used inventory as a slush fund to make quarterly earnings.

Procurement Analytics 195

Procurement Analytics Manufacturing Procurement Sourcing Strategies Optimal Sourcing 195

Logistics Viewpoints

SEPTEMBER 29, 2022

Visibility across the supply chain can enhance the ability to locate inventory and more intelligently prioritize its allocation to projects. The supply chain team conducted an in-depth analysis of 3 key projects and determined that 61% of components are internationally sourced, and most critical components are manufactured in Asia or Europe.

Supply Chain Transformation 242

Supply Chain Transformation Network Optimization Supply Chain Network Software Optimal Sourcing 242

Vinculum

OCTOBER 5, 2023

Introduction The E-commerce Apparel industry in Southeast Asia has experienced unprecedented growth, driven by consumers increasingly turning to online platforms for their fashion needs. Mobile-First Market: Southeast Asia is predominantly mobile-first, necessitating innovative mobile shopping experiences. billion by 2027.

Apparel 52

Apparel Asia Inventory Management Software Inventory Reduction 52

Logility

OCTOBER 18, 2022

It’s time to make over your supply chain to meet and overcome obstacles head on as well as create new flexibility that will help you cope with future supply chain disruptions. Rethink just-in-time inventory policies: There could be another pandemic or another war. The Power to Predict Supply Chain Disruptions.

Supply Chain Disruption 130

Supply Chain Disruption Predictive Analytics Software Predictive Analytics Agile and Lean Supply Chain 130

The Logistics & Supply Chain Management Society

DECEMBER 21, 2021

We see a renewed focus on inventory positioning, given the attention on supply chain risk management and the exponential growth in e-commerce activities, as well as higher demand for cold chain logistics. The E-Conomy SEA 2020 Report, has highlighted a significant shift in the buying behaviour across Southeast Asia.

Warehousing 245

Warehousing Supply Chain Software Supply Chain Design Software Modeling 245

Ware2Go

JUNE 20, 2023

In May 2023, shipping rates from Asia suddenly plummeted. In consideration with low manufacturing costs, emerging brands are still looking abroad for inventory fulfillment. According to the Freightos Baltic Index, the average daily freight rate from Asia to the Western US is $1,500 per 40-foot container.

Negotiating Skills 98

Negotiating Skills Supply Chain Planning Software Supply Chain Planning Freight 98

SYSPRO Smarter ERP

JUNE 21, 2022

There are many causes, for example, container ships from Asia are now too large to traverse the Panama Canal (20 years ago they were not), so they offload on the West Coast of the United States and are compelled to truck all goods to the East Coast. The current war in Ukraine will further destabilize the global supply chain.

Supply Chain Disruption 105

Supply Chain Disruption Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Software 105

Logistics Viewpoints

AUGUST 12, 2022

I read earlier this week that pressure on the supply of critical materials will continue to mount as road transport electrification expands to meet net-zero ambitions. In a recent report, IEA indicated that global battery and mineral supply chains need to expand ten-fold to meet projected critical minerals needs by 2030. 7-Eleven Inc.

Logistics Network Optimization Software 227

Logistics Network Optimization Software Modeling Logistics San Antonio 227

SCMDOJO

JUNE 6, 2023

2 – Inventory Optimization Tool in Excel Inventory is a vital component for wholesalers, distributors, and manufacturers, representing valuable assets in the form of the products they sell. Efficiently managing inventory is crucial for maintaining optimal cash flow and meeting customer service expectations.

Supply Chain Planning Software 89

Supply Chain Planning Software Supply Chain Software Optimization Software Material Savings 89

Logility

MARCH 29, 2022

This then provides new insights for faster decision-making, automated planning, and the elimination of time, inventory, and risk throughout your supply chain. For example, COVID restrictions in Asia shut down auto production because 70% of chip manufacturing happens in Taiwan and South Korea.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Software Supply and Demand Supply Chain Optimization 130

Stord

OCTOBER 4, 2023

The partnership includes a multi-facility, nationwide fulfillment footprint, equipped with automation, robotics, and Stord’s proprietary inventory and order management software (OMS), to best serve Athletic Greens and its customers as the company grows. Learn more at drinkAG1.com.

Optimal Sourcing 60

Optimal Sourcing Optimization Software Supply Chain Software Logistics Network Optimization Software 60

Supply Chain Shaman

AUGUST 24, 2020

Phone calls to Europe or Asia were costly and of poor quality. Supplier reliability and the bi-directional flow of data at the speed of business improve agility and decreases the issues with having the wrong inventory or aligning transportation inbound logistics with manufacturing scheduling. Here are some rules of thumb: 1.

Supply Chain Network Software 326

Supply Chain Network Software Manufacturing Procurement Purchasing Skills Procurement Solutions 326

Enterra Insights

AUGUST 5, 2022

.”[1] Here’s the rub: “All those excess retail inventories are starting to weigh on warehousing markets. ” To make room for new inventory, many of America’s largest retailers are steeply discounting excess goods this summer. As a result, many retailers are sitting on excess inventory.”

Supply Chain Planning Software 130

Supply Chain Planning Software Forecasting Inventory Reduction Price Reduction 130

SCMDOJO

APRIL 15, 2024

With a wide array of products stored in its fulfillment centers, Amazon can consolidate orders and optimize its inventory management systems. To overcome this, Amazon has developed sophisticated inventory management systems that allow them to efficiently store and retrieve products from their fulfillment centers.

Logistics Network Optimization Software 79

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

Logistics Viewpoints

DECEMBER 5, 2022

But more than half of their shipments – including a significant portion that begin at factories in Asia – travel across oceans or continents These long-distance shipments go by ocean, air, or rail. We will see a lot of slow steaming to meet emission standards. That will impact lead times.

Agile and Lean Supply Chain 196

Agile and Lean Supply Chain Rail Software Manufacturing Procurement Supply Chain Planning Software 196

SCMDOJO

AUGUST 16, 2023

By employing these technologies, Walmart gains valuable insights into customer buying behavior, sales trends, and inventory levels. The ability to analyze this data enables the retail giant to make informed decisions on product procurement, inventory management, and demand forecasting.

Inventory Reduction 74

Inventory Reduction Vendor Strategies Price Reduction Supply Chain Planning Software 74

SCMDOJO

JULY 24, 2023

It involves outsourcing logistics activities, such as warehousing, transportation, distribution, inventory management, and order fulfillment, to a dedicated logistics service provider. By leveraging their capabilities, businesses can reduce transportation costs, optimize inventory levels, and minimize warehousing expenses.

Logistics Network Optimization Software 90

Logistics Network Optimization Software Optimal Sourcing Negotiating Skills Inventory Management Software 90

Ware2Go

JANUARY 7, 2022

Recent supply chain disruptions , including images of cargo ships stuck off the West Coast , have led eCommerce shops to rethink their just-in-time and just-in-case inventory strategies. . About 9% even had stopped offering free shipping to recover costs, while 7% held off on ordering peak inventory to see if prices would level off.

Just-in-Time 98

Just-in-Time Optimal Sourcing Manufacturing Procurement Supply Chain Disruption 98

ToolsGroup

SEPTEMBER 22, 2015

But companies can overcome this obstacle by positioning the right inventory across the supply chain to absorb such volatility. Surprisingly, there is an immediately available, relatively straight-forward alternative – fixing your inventory (safety stocks) to cope with the forecast uncertainty. Getting the Right Inventory Mix.

Modeling 120

Modeling Optimal Sourcing Supply and Demand Demand Planning Software 120

The Logistics & Supply Chain Management Society

AUGUST 20, 2020

The acquisition was key to opening doors to expansion in Asia, Africa, Europe, and the Middle East. Today, Seamless is working hand in hand with clients and partners in Asia to help drive digital transformation. Continued expansion remains a priority, particularly in the Asia Pacific region.

Supply Chain Design Software 147

Supply Chain Design Software Optimization Software Supply Chain Software Analytics Software 147

Logistics Viewpoints

JULY 15, 2021

Understanding the growth of the global cold chain market starts in Asia, where e-commerce sales are fast increasing as a result of growing economies and populations gaining wealth. Key attributes, such as expected temperature for a product, should flag inventory whenever an excursion takes place.

Logistics Network Optimization Software 261

Logistics Network Optimization Software Third Party Logistics Demand Planning Software Logistics 261

SCMDOJO

APRIL 27, 2022

Countries, especially in South Asia, like China, India, Bangladesh, Pakistan, Vietnam, etc., This reduces the cost of keeping the inventory that would not sell. The pull supply chain network might work for people who are interested in minimizing costs and inventory space. Inventory Management. Human Rights Violations.

Apparel 114

Apparel Supply Chain Design Software Supply Chain Design Supply Chain Optimization 114

The Logistics of Logistics

NOVEMBER 6, 2023

Europe and Asia. It also provides a variety of shipping options, so clients can choose the one that best meets their needs. Inventory management: Amware Fulfillment helps clients track their inventory levels and make sure they have the right products in stock at the right time.

Logistics Network Optimization Software 220

Logistics Network Optimization Software Logistics Third Party Logistics Warehousing 220

Unleashed

FEBRUARY 15, 2021

Another consumer trend hitting the headlines (and largely elevated by the pandemic) is the growth of a digitised presence, especially for those who previously used traditional channels, to meet the need for food on-demand. Food processing industry trends. Build transparency with blockchain.

Food 93

Food Trends Industrial Industry 93