Supply Chain Shaman

FEBRUARY 16, 2024

Before reading this post, consider reading my prior blog post, Don’t AI This. Instead of relying on focus groups, we could learn through clicks/streams/ratings and reviews and apply the learnings continuously to markets. The question in my mind is, “Will we drive substantial improvement in outcomes? Or transform work?”

Supply Chain Planning Software 378

Supply Chain Planning Software Supply Chain Design Software Modeling Supply and Demand 378

Enterra Insights

OCTOBER 21, 2021

For decades, retailers have dealt with a slew of post-holiday returns. Before the advent of e-commerce, retailers simply beefed up their returns department to deal with the long lines of unhappy consumers returning unwanted ties, ill-fitting clothing, or other unwanted items. Return Strategies are Becoming More Important.

Reverse Logistics 130

Reverse Logistics Cost Reduction Strategies Material Savings Manufacturing Procurement 130

Supply Chain Shaman

JANUARY 8, 2024

No company in either the household non-durable (consumer goods) or the food manufacturing group beat their peer group on the balanced scorecard of growth, inventory turns, operating margin, and Return on Invested Capital (ROIC) for 2013-2022. In the case of supply chain, think about lead times, conversion rates, and cycles.)

Supply Chain Design Software 239

Supply Chain Design Software Supply Chain Planning Software Modeling Software Supply Chain Network Software 239

Supply Chain Matters

MARCH 7, 2023

The Supply Chain Matters blog highlights two February 2023 published indexes of supply chain volatility both reflecting moderation of disruption and higher logistics costs. Noted in the summary: “ The GSPI’s recent movements suggest that global supply chain conditions have returned to normal after experiencing temporary setbacks.”

Supply Chain Software 52

Supply Chain Software Supply Chain Cost Reduction Strategies Inventory Reduction 52

Supply Chain Matters

NOVEMBER 7, 2023

In a Supply Chain Matters blog commentary published as far back as March of 2015 , we addressed efforts directed at introducing ever larger mega container ships, multi-carrier capacity agreements, outsourcing of certain services and increased transit times and tariff rates compound themselves to secure rate advantages.

Cost Reduction Strategies 59

Cost Reduction Strategies Global Industrial Industry 59

DELMIA Quintiq

MAY 26, 2021

The current rate of production and consumption worldwide continues to deplete resources and damage our planet faster than it can recover. Through this blog, you will come to understand how digital technology will play a crucial role in accelerating this sustainable transformation, and how to get started.

Sustainability 296

Sustainability Resource Reduction Waste Reduction Sourcing Strategies 296

Freightos

MARCH 12, 2024

Blog " * " indicates required fields Email * Comments This field is for validation purposes and should be left unchanged. Air rates – Freightos Air Index China – N. American ocean rates are down 10% from their peak, with Asia – N. Asia-US East Coast prices(FBX03 Weekly) fell 8% to $6,107/FEU.

Negotiating Skills 284

Negotiating Skills Optimal Sourcing Asia Europe 284

GlobalTranz

JUNE 23, 2021

No carrier or mode has been excluded from the increased demand of e-commerce and a customer base that’s anxious for a return to normalcy, including the LTL transportation sector. We leverage data across a wider network to understand trends within rate fluctuation and available capacity, and identify opportunities for consolidation.

3PL 253

3PL Transportation Supply Chain Planning Software Real Estate 253

CHAINalytics

FEBRUARY 1, 2022

The growth of e-commerce has brought with it an added supply chain burden that continues to increase the cost of business: high return rates. These rates are the norm for online shopping, and the number of returns has never been higher. appeared first on Chainalytics.

Modeling 78

Modeling Supply Chain Strategy Cost Reduction Strategies Supply Chain 78

Enterra Insights

MARCH 24, 2022

Benjamin Dreyer ( @BCDreyer ), Random House’s executive managing editor, writes, “It’s pointless to yearn for a post-pandemic return to normalcy. ” My point is that we are not going to return to life as it was before the pandemic. ” However, rising inflation rates will inevitably dampen consumer spending.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Software Supply Chain Strategy Supply Chain Planning 130

GlobalTranz

FEBRUARY 23, 2022

Experts predict rates will continue to be at or near market highs in the spot market as well as in contract relationships. Spot market rates might start easing in 2020 but will still be about 15%-20% higher than the previous peak in 2018. Contract rates, representing about 70% of the market, will be up about 4%-5% over 2021.

Trends 182

Trends Price Reduction Waste Reduction Inventory Reduction 182

Locus Robotics

OCTOBER 5, 2023

Many managers are finding themselves overwhelmed and, dare I say, miserable — which might be why you googled to find this blog in the first place. Human resource challenges : Warehouses often have high turnover rates, requiring constant training of new personne if you can even find new people to hire.

Warehousing 98

Warehousing Resource Reduction Expense Reduction Cost Reduction Strategies 98

ToolsGroup

FEBRUARY 7, 2022

Searches for these products increased during the pandemic, but have not returned to “normal” pre-pandemic levels. Shoppers are also less likely to have the hassle of returns, thanks to the ability to see, test, and try-on products before purchasing them. The Rise of Returns…and Customer-Centric Return Policies.

Supply Chain Planning Software 177

Supply Chain Planning Software Trends Retail Forecasting Software 177

JDA software

FEBRUARY 26, 2019

Retail has a serious problem with eCommerce returns. At least 30% of all online purchases are returned, compare that to 8.89% of in-store purchases. More retailers are running into a surge in returns in our unified commerce environment than ever before and fashion brands are feeling the effects the most. Send a survey in return.

Optimization Software 72

Optimization Software Analytics Software Purchasing Skills Demand Planning Software 72

Supply Chain Game Changer

APRIL 30, 2020

This blog is the first in a two-part series where Veridian, a supply chain technology implementation company, will share the top 19 warehouse KPIs that track performance in the following areas: Internal Operations Staffing Suppliers Customers. To achieve the best customer satisfaction levels possible, companies must offer returns.

Warehousing 72

Warehousing Supply Chain Planning Software Inventory Reduction Supply Chain Software 72

NC State SCRC

APRIL 10, 2024

This report also aligns with my p revious blog that identifies the risks of Chinese ownership of global ports and terminals. The mismatch between supply demand of transport capacity is the direct cause why freight rates increase, and factors such as poor container turnover indirectly push up shipping costs and reduce logistics efficiency.

China 59

China Supply Chain Strategy Global Supply Chain Software 59

Supply Chain Game Changer

AUGUST 13, 2022

They provide a fast and simple option to borrow cash quickly, but the interest rates and costs related to them may be exorbitant. In this blog article, we will look at some of the reasons why creating an alternative to payday loans is so challenging. Should we impose lending rate caps? A never-ending debt cycle?

Just-in-Time 96

Just-in-Time Examples Supply Chain Sourcing 96

3PL Insights

JANUARY 17, 2023

When small parcel rates increase, the additional earnings are used to offset the cost of inflation and invest in infrastructure. This article breaks down the new small parcel rates and the impact on shippers moving forward. The following are the flat-rate changes: Product Current Planned Change Small flat-rate box $10.40 $10.20

Price Reduction 91

Price Reduction Cost Reduction Strategies Supply Chain Planning Software Demand Planning Software 91

Freightos

JANUARY 3, 2024

Blog " * " indicates required fields Email * Comments This field is for validation purposes and should be left unchanged. As a result, widespread reroutings of ocean container traffic away from the Suez Canal continue, and ocean freight rates have begun to spike. These rates are more than double prices in January 2019.

Shipping 303

Shipping Negotiating Skills Asia Yemen 303

Supply Chain Matters

JANUARY 24, 2023

The Supply Chain Matters blog highlights an initial report of 2022 holiday period and full year retail sales reported by the National Retail Federation. We again point out to readers that these numbers related to holiday spending are not completely weighted for customer returns that might have occurred in the final month.

Procurement Analytics 52

Procurement Analytics Report Price Reduction Forecasting 52

NC State SCRC

OCTOBER 5, 2022

Global inflation rates are currently at 9.5%, fueled by high commodity prices. As a result of inflation, many central banks have hiked rates more aggressively. Andrew warns that these rate hikes will take time to bear fruit. When will things return to normal? Extreme weather and war in the Ukraine prompts famine.

Conference 52

Conference Ukraine Global Purchasing Skills 52

BlueYonder

FEBRUARY 5, 2024

Increasingly, they’re turning their warehousing and transportation activities over to logistics services providers (LSPs) to optimize these activities and generate a fast return on their logistics investments. trillion by 2030 , reflecting an average annual growth rate of 8.4%. As a result, LSPs are seeing enormous growth.

Supply Chain Software 80

Supply Chain Software Logistics Network Optimization Software Predictive Analytics Software Optimization Software 80

Elementum

DECEMBER 1, 2021

Given that jobless claims in the US hit its lowest rate in 52-years , we’re unlikely to see meaningful labor relief for 6-12 months or longer. Although, that’s a whole other blog. semiconductors) – Limited supply starts leading to higher prices – Hype starts exceeding reality ?

Agile and Lean Supply Chain 195

Agile and Lean Supply Chain Price Reduction Supply Chain Software Supply Chain Strategy 195

SYSPRO Smarter ERP

OCTOBER 30, 2023

Predefined metrics should be established for this inspection so that a pass/fail rating can be given. A material that does not pass does not have to be returned, instead the supplier could be asked to lower the price and the material used where lower grades are acceptable. Some customers may accept them under concession.

Quality 105

Quality Manufacturing Supply Chain Design Software Supply Chain Planning Software 105

Freightos

JANUARY 10, 2024

Blog " * " indicates required fields Email * Comments This field is for validation purposes and should be left unchanged. Air rates – Freightos Air Index China – N. Europe rates of $4,789/FEU are 226% higher, and prices to the Mediterranean of $5,202/FEU are 116% higher. China – N. Europe – N.

Negotiating Skills 221

Negotiating Skills Asia Price Reduction Optimal Sourcing 221

Shipchain

MARCH 13, 2019

Lower freight rates charged by carriers. Returns are not a new problem in supply chain management, but they are increasing in costs. According to Daphne Howland of Retail Dive , the value of retail returns rose 53% in 2017, costing companies more than $400 billion annually. Freight shipped sooner for shippers and carriers.

Supply Chain Planning Software 119

Supply Chain Planning Software Analytics Software Logistics Network Optimization Software Freight 119

Veridian Solutions

MARCH 10, 2020

This blog is the first in a two-part series where Veridian, a supply chain technology implementation company, will share the top 19 warehouse KPIs that track performance in the following areas: . To achieve the best customer satisfaction levels possible, companies must offer returns. Visit Veridian online to get started now. .

Warehousing 64

Warehousing Supply Chain Planning Software Inventory Reduction Metrics 64

SYSPRO Smarter ERP

OCTOBER 9, 2023

Getting costs under control is important for a good return on capital investment and to ensure factory equipment is operating at optimum capacity and profitability. To fulfil these demands means maintaining a high rate of production while ensuring high levels of quality control — something that challenges many companies.

Manufacturing Procurement 111

Manufacturing Procurement Cost Reduction Strategies Purchasing Skills Quality 111

Supply Chain Movement

MARCH 10, 2023

These decreases are quite understandable, since the rise in interest rates since the start of the war in Ukraine has brought an end to cheap borrowing. Nowadays, investments need to provide a clear prospect of returns. One fund will focus on pre-seed investments in very young start-ups, while the other will focus on scale-ups.

Supply Chain Planning Software 78

Supply Chain Planning Software Scenario Planning Ukraine Supply and Demand 78

Supply Chain Matters

DECEMBER 28, 2023

When carriers and services providers report there operational volume and financial performance that spans this year’s holiday period, we will be watchful as to whether added freight and surcharge rates drove additional revenues vs. offsetting shipping volume decreases or idled capacity costs. All rights reserved.

Forecasting 52

Forecasting Apparel Inventory Reduction Journal 52

Supply Chain Matters

JANUARY 31, 2023

The carrier returned $8.6 UPS CFO Brain Newman indicated expectations of a bumpy year that includes rising interest rates, high inflation, ongoing hostilities among Russia and Ukraine , and continued Covid-19 disruptions across China. In 2022, the average rate while was 5.9 Rate hikes for this year average upwards of 6.9

Packaging 52

Packaging Negotiating Skills Price Reduction Cost Reduction Strategies 52

Supply Chain Game Changer

NOVEMBER 29, 2021

However, these days, it has become more difficult to find the right savings account if you want one that provides a healthy return. Of course, there are various factors that you need to consider in order to find the ideal account, and by doing this, you can ensure you get the best returns on your savings.

Course 87

Course Supply Chain Research How To 87

QAD

FEBRUARY 23, 2021

A year ago at this time, I carefully drafted a blog of predictions for 2020 in the consumer products and food & beverage industries. See my full article with a deeper dive into these predictions on VM Blog here. . No doubt we’re hoping for far less disruption and a return to normal in all facets of daily life.

Predictive Analytics Software 86

Predictive Analytics Software Supply Chain Planning Software Optimization Software Demand Planning Software 86

3PL Insights

JANUARY 17, 2022

Small parcel rate increases for 2022 are in effect, with a few more increases and surcharges to take place before the end of the month. In November 2021, USPS also announced the new annual rate increases for small parcels. On average the small parcel rates will be increasing by 3.1% Medium Flat-Rate Box $15.50 $16.10

Supply Chain Planning Software 97

Supply Chain Planning Software Demand Planning Software Price Reduction Packaging 97

Locus

JUNE 16, 2023

Reverse logistics costs: Returns and product replacements significantly impact operational costs. In 2021, a wide range of major product categories saw online purchase returns, with rates varying from 8% to 88%. Among these, clothing retailers had the highest percentage, with 88% of consumers opting to return their orders.

Cost Reduction Strategies 98

Cost Reduction Strategies Expense Reduction Price Reduction Inventory Reduction 98

EazyStock

APRIL 18, 2023

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% Interest rates To try and control inflation, central banks will increase interest rates to encourage people to save money.

Supply Chain Planning Software 52

Supply Chain Planning Software Optimal Sourcing Supply Chain Software Inventory Reduction 52

Supply Chain Game Changer

MAY 11, 2022

In 2021, the inflation rate increased again and the prices went up by 4.7 Tell your friend or relative that you are going to give a money gift, and make sure they understand that it’s not a loan and shouldn’t be returned. It can be a suitable solution if a borrower has a low credit score and can’t qualify for affordable interest rates.

How To 93

How To Purchasing Skills Price Reduction Eliminating Excel in Purchasing 93