Ware2Go

JUNE 20, 2023

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? The World Trade Organization estimates 43 billion tons of goods are shipped each year—due in part to the rising trend of eCommerce.

Negotiating Skills 98

Negotiating Skills Supply Chain Planning Software Supply Chain Planning Freight 98

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

Logistics Viewpoints

SEPTEMBER 29, 2022

A centralized structure could provide standardization benefits that could deliver efficiencies through bulk purchasing, broader understanding of materials requirements, and more effective shipping practices. They identified a multimillion-dollar opportunity to reduce costs through more efficient shipping.

Supply Chain Transformation 242

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

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. Higher container costs , resulting in container-by-container decisions on what to ship. Let me bring that to life. .

Supply Chain Disruption 194

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

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. Yes, SAP had inbound ASN’s (advanced ship notices). We will see a lot of slow steaming to meet emission standards.

Agile and Lean Supply Chain 196

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

Logility

MARCH 29, 2022

Manufacturers and shipping companies assumed that because of layoffs, demand would drop. This then led to … A shipping container shortage: Containers piled up across the world once they were emptied. Ports became overwhelmed: Orders outstripped available containers, which caused the cost of a shipping container to skyrocket.

Supply Chain Planning Software 130

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

CH Robinson Transportfolio

JULY 19, 2020

Less than container load (LCL) shipping is rapidly becoming a go-to service option for businesses seeking help in a complex global logistics industry. As COVID-19 affected businesses around the world, the need for expedited LCL shipping grew significantly. The right level of LCL shipping expertise. Reduced costs.

Material Savings 44

Material Savings Cost Reduction Strategies Inventory Reduction Shipping 44

EMERGE App

FEBRUARY 22, 2019

And we pick the most cost effective means of shipping. 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. What is Inventory Carrying Cost?

Inventory Reduction 75

Inventory Reduction Cost Reduction Strategies Purchasing Skills Inventory 75

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

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. Source E2open Shipping Index). I worked with the organization for a year and scheduled a meeting with Lucas to explain that his policies were the primary issue. His response? “Huh? How could this be?”

Procurement Analytics 219

Procurement Analytics Manufacturing Procurement Supply Chain Planning Software Sourcing Strategies 219

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

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. Source E2open Shipping Index). I worked with the organization for a year and scheduled a meeting with Lucas to explain that his policies were the primary issue. His response? How could this be?”.

Procurement Analytics 195

Procurement Analytics Manufacturing Procurement Sourcing Strategies Optimal Sourcing 195

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

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 80

Logistics Network Optimization Software Inventory Reduction Sourcing Strategies Inventory Management Software 80

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

AUGUST 24, 2020

Phone calls to Europe or Asia were costly and of poor quality. Like a rocket ship traveling to Mars, a new press release popped into my email each day. The group meets monthly to discuss and share insights. The device increased my work mobility, but with limitations. The telephone could not interconnect with other networks.

Supply Chain Network Software 342

Supply Chain Network Software Manufacturing Procurement Purchasing Skills Procurement Solutions 342

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. In addition, as more consumers use e-commerce, they become accustomed to the guarantee of fast, free shipping.

Logistics Network Optimization Software 261

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

Turvo

NOVEMBER 16, 2021

Other intermittent bottlenecks such as port shutdowns and freight policy changes will add to the shipping industry’s woes. The Rippling Effect of the Covid-19 Pandemic and Other Shipping Challenges. The price to book an ocean vessel coming in from Asia to the US is five to ten times higher than normal.

Freight 85

Freight Supply Chain Planning Software Supply Chain Planning Shipping 85

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

The Logistics of Logistics

NOVEMBER 6, 2023

Amware works with businesses that ship at least 50,000+ orders a year and need to prepare for hyper-growth. Europe and Asia. Order fulfillment: Amware Fulfillment picks, packs, and ships client orders. It also provides a variety of shipping options, so clients can choose the one that best meets their needs.

Logistics Network Optimization Software 220

Logistics Network Optimization Software Logistics Third Party Logistics Warehousing 220

NC State SCRC

OCTOBER 5, 2022

I had the opportunity to sit in on a very thorough presentation by a member of the Economist Intelligence Unit at the Center for Advanced Purchasing Studies meeting today. Some of the supply constraints are also due to the destruction of key infrastructure in the Ukraine for shipping of these commodities. growth, and only 3.1%

Conference 52

Conference Ukraine Global Purchasing Skills 52

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. They can be trucking companies, airlines, shipping lines, or rail operators, depending on the mode of transportation chosen for the specific shipment.

Logistics Network Optimization Software 91

Logistics Network Optimization Software Optimal Sourcing Negotiating Skills Inventory Management Software 91

Resilinc

NOVEMBER 2, 2021

In the race to fill distribution centers and store shelves with inventory for the holidays, some of the world’s largest retailers and ecommerce sellers are jumping ahead of smaller competitors by chartering ships, shifting freight to air, re-rerouting inland shipments, and hiring more staff for distribution centers and other supply chain nodes.

Inventory Reduction 62

Inventory Reduction Retail Cost Reduction Strategies Resource Reduction 62

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 75

Inventory Reduction Vendor Strategies Supply Chain Planning Software Price Reduction 75

Elementum

MARCH 6, 2018

From 2013 to 2014, the number of units Xiaomi shipped in China grew 186 percent, while its total worldwide shipments grew 224 percent. At the end of 2014, Xiaomi edged out Samsung for the title of most popular smartphone in China—shipping 12.5 Though Xiaomi saved money on inventory costs, the public was often left pining.

Supply Chain Planning Software 92

Supply Chain Planning Software Modeling Supply Chain Design Software Supply Chain Planning 92

Elementum

SEPTEMBER 5, 2018

From 2013 to 2014, the number of units Xiaomi shipped in China grew 186 percent, while its total worldwide shipments grew 224 percent. At the end of 2014, Xiaomi edged out Samsung for the title of most popular smartphone in China—shipping 12.5 Though Xiaomi saved money on inventory costs, the public was often left pining.

Modeling 84

Modeling Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning 84

Elementum

SEPTEMBER 5, 2018

From 2013 to 2014, the number of units Xiaomi shipped in China grew 186 percent, while its total worldwide shipments grew 224 percent. At the end of 2014, Xiaomi edged out Samsung for the title of most popular smartphone in China—shipping 12.5 Though Xiaomi saved money on inventory costs, the public was often left pining.

Modeling 79

Modeling Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning 79

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 procurement 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 52

Just-in-Time Optimal Sourcing Manufacturing Procurement Supply Chain Disruption 52

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. But what does that actually mean?

Food 93

Food Trends Industrial Industry 93

Talking Logistics

MARCH 20, 2018

Import space out of Asia to the US continues to be tight, and thanks to positive retail sales, retailers are having to quickly restock to ensure they have enough inventory. It is continually important to be proactive about identifying capacity trends and daily shipping reality. Drayage Capacity Issues Remain.

Capacity 101

Capacity Transportation Forecasting North America 101

Freightos

JULY 11, 2023

Visit our Resource Center Weekly highlights FBX Overview Ocean rates – Freightos Baltic Index : Asia-US West Coast prices ( FBX01 Weekly ) increased 11% to $1,319/FEU. Asia-US East Coast prices ( FBX03 Weekly ) climbed 8% to $2,376/FEU , and are 76% lower than rates for this week last year. In Asia – N.

Negotiating Skills 156

Negotiating Skills Asia Europe Canada 156

SYSPRO Smarter ERP

JUNE 14, 2022

Many manufacturing companies still rely on Excel for all sorts of tasks including scheduling, inventory management and data analysis. Even though, it is possible to ship some of these items by air, that is significantly more expensive, especially now that airlines need to bypass Russia.

Prescriptive Analytics Software 105

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Predictive Analytics Software 105

Supply Chain Game Changer

DECEMBER 10, 2020

Your manufacturer is the backbone of your company; it regulates your inventory, which determines how consumers perceive and communicate with you. The sourcing agent will search the market for your desired product and suppliers who will meet your needs. Manage logistics and shipping. Perform quality inspections.

Manufacturing Procurement 53

Manufacturing Procurement Sourcing Strategies Sourcing Negotiating Skills 53

QAD

SEPTEMBER 2, 2021

During the pandemic, companies saw significant shifts in their demand, putting significant pressure on the available production capacity to meet this demand. Container shipping rates from Asia to the U.S. This actually hindered the initial distribution of the COVID-19 vaccine.

Agile and Lean Supply Chain 98

Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Planning Supply and Demand 98

EMERGE App

SEPTEMBER 24, 2018

It commonly describes the additional stock that you keep in your inventory to reduce the risk of stockouts. In addition to smoothing out unexpected swings in demand and supply, buffer stock also influences the optimal inventory level, stocking of time-sensitive goods and plays a part in new product launches. Optimal Inventory Level.

Distribution 76

Distribution Procurement Analytics Inventory Reduction Supply and Demand 76

Vinculum

JULY 15, 2020

In the Asia-Pacific region including Southeast Asia, 57.9% Thus, it became challenging to meet today’s consumers’ expectations as they are demanding a more specialized and wider array of stores and products. Supply must meet demand and retailers must answer accordingly. The reasons are manifold. trillion by 2023.

Asia 52

Asia Indonesia Thailand Vietnam 52

SCMDOJO

JUNE 14, 2023

A 3PL offers a comprehensive range of services, including transportation, warehousing, distribution, and value-added solutions such as inventory management, packaging, and assembly. For example, it can be used for inventory management, order fulfillment, and product tracking tasks.

3PL 78

3PL Supply Chain Design Software Prescriptive Analytics Software Inventory Management Software 78