Logistics Viewpoints

DECEMBER 9, 2022

This is leading to an inventory pile-up of processors and memory chips used in PCs. Some retailers are learning to love bulked-up inventories. The companies building their inventories are looking to ensure they have items on hand at the right moment. Walgreens takes its delivery service round the clock. The largest U.S.

Logistics Network Optimization Software 206

Logistics Network Optimization Software GEP Supply Chain Planning Software Supply Chain Design Software 206

BlueYonder

NOVEMBER 7, 2023

Consider what top researchers have recently reported: Boston Consulting Group : “The vast majority [of retailers] are missing out on an opportunity to embrace solutions powered by AI that promise to improve resilience and deliver long-term structural advantage.” Then you’re selling products you don’t actually have in inventory.

Retail 86

Retail Predictive Analytics Software Predictive Analytics Analytics Software 86

Logistics Viewpoints

JANUARY 28, 2022

Ortiz was a larger-than-life figure in the Boston sports scene for 14 years, with more memorable moments than anyone other baseball player I can think of. And of course, there was his famous speech following the 2013 Boston Marathon bombing, where he declared “this is our f—— city and nobody is going to dictate our freedom.”

Logistics Network Optimization Software 211

Logistics Network Optimization Software Logistics India Mexico 211

Supply Chain Shaman

JULY 15, 2021

The day before I traveled to Boston, I spoke to a client. containers are received rom China for every container shipped. In Africa, where 38% of food is imported, the issues in global shipping will compound the unrest. Impact of Global Shipping on On-time Deliveries. I must admit that it felt soooooo good.

Supply Chain Design Software 367

Supply Chain Design Software Supply Chain Planning Software Price Reduction Forecasting Software 367

Enterra Insights

APRIL 27, 2021

1] One of those “future shocks” occurred when the Suez Canal was blocked for days by a grounded container ship — the Ever Given. Journalists Costas Paris ( @CostasParis ), Parmy Olson ( @parmy ), and Sarah McFarlane ( @sarah_mcfarlane ) reported, “Some 19,000 vessels crossed the Suez in 2020.”[2]

Sourcing Strategies 130

Sourcing Strategies Manufacturing Procurement Sourcing Agile and Lean Supply Chain 130

GlobalTranz

APRIL 27, 2017

Inbound freight management is receiving a lot of attention as businesses continue to look for ways to manage shipping costs. If you’re looking to save costs on shipping, take a look at inbound shipping. Thorough tracking of all logistics activities provides more informed shipping history when negotiating new contracts.

Negotiating Skills 144

Negotiating Skills Freight Vendor Strategies Cost Reduction Strategies 144

Supply Chain Shaman

AUGUST 12, 2020

On a cold Boston winter day, I slipped into my seat on a back row in a packed conference room at AMR Research. After six months of analysis, we decided the best fit was the combination of growth, inventory turns, operating margin, and Return on Invested Capital. Heavily booked and running from meeting to meeting, I was late.

Gartner 235

Gartner Supply Chain Software Procurement Analytics Manufacturing Procurement 235

The Logistics & Supply Chain Management Society

SEPTEMBER 25, 2020

2017 Facts and Figures report by Gulf Petrochemicals and Chemicals Association (GPCA), the chemical industry accounts for 3.1 Reported by GPCA, “China is one of the key destinations for GCC polyethylene exports. Following COVID-19 the global chemical supply chain market reported a severe decline in output.

Chemicals 113

Chemicals Saudi Arabia Cost Reduction Strategies Inventory Reduction 113

Logistics Viewpoints

NOVEMBER 5, 2021

For some vineyards, they rely on specific barrels to give their wine its signature flavor; but reports are circulating that delays of 6 to 8 months are the norm for these barrels today. Most of Estee Lauder’s holiday product has already been shipped to retailers. Uber will now bring you diapers, wipes and other baby essentials.

Logistics Network Optimization Software 174

Logistics Network Optimization Software Los Angeles Long Beach Logistics 174

Talking Logistics

APRIL 15, 2016

Today marks the three-year anniversary of the Boston Marathon bombings, a sad and scary day, especially those of us living in the Boston area. How long before Amazon announces that it is buying its own 18,000 TEU container ship?

Logistics Network Optimization Software 100

Logistics Network Optimization Software Rail Software Demand Planning Software Logistics 100

Talking Logistics

MARCH 3, 2017

Boston startup raises $10M for retail software that predicts inventory needs (Boston Business Journal). And as I wrote two years ago, the larger challenge facing the ports, especially in the United States, is the need to increase port productivity as larger ships replace smaller vessels. It seems I was off by three years.

Logistics Network Optimization Software 0

Logistics Network Optimization Software Supply Chain Planning Software Predictive Analytics Software Eliminating Excel in Purchasing 0

Supply Chain Movement

FEBRUARY 16, 2016

12 | Profile Hans Willems, Vice President Supply Chain Europe, Boston Scientific. A Boston Scientific medical device is used somewhere in the world every two seconds, but the company is much more than a medical device manufacturer. Supply chain has played a crucial role in its evolution into a provider of solutions for hospitals.

Supply Chain Planning Software 60

Supply Chain Planning Software Supply Chain Software Gartner Agile and Lean Supply Chain 60

ToolsGroup

MAY 18, 2022

There are Five Symptoms of Outdated Forecasting and Inventory Planning Software: Have you diagnosed your problem– and solution–to improved demand planning? The shutdown resulted from a federal investigation following four cases of infant bacterial infections in babies who consumed formula from the plant, with the FDA reporting two deaths.

Manufacturing Procurement 156

Manufacturing Procurement Supply Chain Planning Software Pricing Training Purchasing Skills 156

Veridian Solutions

FEBRUARY 18, 2020

Omnichannel fulfillment , relying on the full suite of your supply chain solutions, combines all channels into a single approach and optimizes management through connected technologies to reduce out of stocks, expedite shipping times, and give customers a seamless experience. At NRF 2020, omnichannel was referred to as “No Channel.”

Supply Chain Design Software 59

Supply Chain Design Software Supply Chain Planning Software Inventory Reduction Price Reduction 59

Logistics Viewpoints

MARCH 19, 2021

In April of 2005, just a month after completing my first half marathon (and vowing I would never run a full marathon in my life), I went to the finish line at the Boston Marathon and saw Team Hoyt for the first time. Team Hoyt became a fixture at the Boston Marathon, completing the race 32 times, while running another 40 marathons as well.

Logistics Network Optimization Software 36

Logistics Network Optimization Software Real Estate Logistics Waste Reduction 36

Enterra Insights

MAY 30, 2018

Boston Consulting Group (BCG) analysts assert, “Logistics networks have never been more complex. The order and item information shows what was shipped and to whom (Was it a back order? BCG analysts report, “Few have a holistic view of their logistics network or of the associated costs.” ” Footnotes. [1]

Logistics Network Optimization Software 100

Logistics Network Optimization Software Predictive Analytics Software Data Analytics Software 100

Supply Chain Matters

MARCH 5, 2022

Founded in 2014, this Boston based robotics technology firm leverages capabilities that are described as mimicking human hand-eye coordination, leveraging machine-learning to a vision system on a gripper and allowing mechanical fingers to bend and twist around objects to perform piece-picking tasks. Global Health Exchange Acquires Syft.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Predictive Analytics Software Prescriptive Analytics Software 52

Logistics Viewpoints

AUGUST 13, 2021

This summer has been an interesting one weather-wise in the Boston area. And obviously this is not only in the Boston area. China-US container shipping rates sail past $20,000 to record. And now August is once again bringing the heat. On Wednesday, the hottest temperature ever may have been recorded on the continent of Europe.

Logistics Network Optimization Software 47

Logistics Network Optimization Software Logistics New Jersey Waste Reduction 47

Supply Chain Shaman

AUGUST 26, 2015

Vendor Managed Inventory processes–once hailed as the panacea of demand sensing–largely operate in isolation within sales organizations (of the thirty-three organizations that we interviewed last year, no market leader has connected these demand signals). It was a cold, crisp winter in Boston.

Supply and Demand 150

Supply and Demand Forecasting Modeling Forecasting Software 150

GlobalTranz

JUNE 23, 2015

And, according to a Boston Consulting Group (BCG) study, 54% of companies with above one billion in revenues are now considering reshoring. Natural gas and oil expenses contribute to extreme cost disparities in shipping from Asia to the U.S., for example, compared to shipping state-to-state. a move known as reshoring.

Cost Reduction Strategies 120

Cost Reduction Strategies Expense Reduction Inventory Reduction Material Savings 120

Talking Logistics

MAY 20, 2016

I’m at Heathrow airport waiting to board my flight back to Boston, which is delayed by over an hour so far. Manhattan Associates: New Inventory and Fulfillment Capabilities Give Store Associates More Time to Deliver a Fulfilling Experience. Orders can be shipped as early as same day. E-Commerce Drives Surge in U.S.

Logistics Network Optimization Software 0

Logistics Network Optimization Software Supply Chain Design Software Supply Chain Network Software Predictive Analytics Software 0

Material Handling & Logistics

AUGUST 14, 2018

The Council of Supply Chain Management Professionals' annual State of Logistics report attempts to offer just such a map -- accompanied by some timely warnings. Kearney and co-author of the report. "In To move goods closer to end customers, companies are adding safety stocks, expanding overflow capacity and increasing inventories.

Logistics Network Optimization Software 98

Logistics Network Optimization Software Supply Chain Planning Software Demand Planning Software Logistics 98

6 River Systems

JUNE 29, 2020

“Additionally, a review of reporting procedures can act as a safeguard against corruption throughout operations. All stakeholders who interact with the supply chain should be aware of hotlines and other reporting mechanisms, which should establish a clear path and adequate protections for whistleblowers.”

Supply Chain Planning Software 116

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Modeling 116

Supply Chain Shaman

SEPTEMBER 28, 2012

Most companies have made their own organizations more efficient (ROA), but they have not reduced inventories and they have pushed costs back in the supply chain on suppliers that are less able to bear them. Look at the gyrations of Boston Scientific and Eli Lilly for the same period of time. This has made the supply chain more fragile.

Pricing Training 261

Pricing Training Supply Chain Design Software Waste Reduction Purchasing Training 261

Material Handling & Logistics

OCTOBER 6, 2017

None of the companies with operations on the island have said they expect shortages as a result of Maria, having stocked up inventories ahead of the storm, though industry watchers are concerned that bottlenecks could develop as Maria’s effects linger. “It Boston Scientific Inc., Companies ranging from Eli Lilly & Co.

Puerto Rico 54

Puerto Rico Pharmaceutical Pennsylvania Boston 54

6 River Systems

JULY 25, 2019

All of the above (and other down-stream KPIs and processes) are heavily influenced by the accuracy of a demand forecast: if the demand forecast is much more accurate, a company is more likely to have the right product, in the right quantities in inventory and will have less of the products in inventory that is not required.

Supply Chain Planning Software 96

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Strategy 96

SCMDOJO

JUNE 3, 2022

From tracking orders to managing inventory to managing cash flows and increasing sales, POs play a pivotal role in enhancing daily operations. Boston Consulting Group estimates that by using a PO, a company can reduce costs by 10% and at the same time cut the time spent by up to 30%.

Purchasing Skills 102

Purchasing Skills Procurement Solutions Procurement Analytics Vendor Strategies 102

Unleashed

DECEMBER 19, 2018

According to a report by BigCommerce, most have been selling online for at least two to five years, or longer. According to a study by Google and The Boston Consulting Group (BCG), 50% of B2B search queries are made on smartphones. For example, retailers can manage their inventory using an online inventory solution.

Manufacturing Procurement 60

Manufacturing Procurement Modeling Software Sourcing Strategies Price Reduction 60

Supply Chain Game Changer

NOVEMBER 19, 2018

He works from Boston and Palm Beach, and be reached at bryceboothby@gmail.com. This drove our decision to enter into sourcing services, vendor management and supplier owned inventories. I feel especially gratified that many of my then first line direct reports have gone on to very successful careers from this early experience.

Supply Chain Planning Software 42

Supply Chain Planning Software Demand Planning Software Logistics Network Optimization Software Forecasting Software 42

6 River Systems

OCTOBER 30, 2019

It also allows existing employees to spend less time lugging boxes or finding inventory and more time doing the more complex parts of their job that are difficult to automate. Those inventory systems require more attention because of this (a human gig), as do programming and maintenance. It also points to smarter use.

Warehousing 78

Warehousing Supply Chain Software Supply Chain Design Software Supply Chain Planning Software 78