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.” And just 16% applied AI to improve the accuracy of their estimated ship dates.

Retail 86

Retail Predictive Analytics Software Predictive Analytics Analytics Software 86

Supply Chain Shaman

SEPTEMBER 27, 2021

Today, more than 1% of the world’s container ships are stuck off major ports. Warehouses are full–often with the wrong stuff resulting in the slowing of the forty million shipping containers around the world. In 2004, I joined AMR Research, a Boston Analyst firm. Supply chain shortages abound. Reflection.

Supply Chain Planning Software 321

Supply Chain Planning Software Sourcing Strategies Manufacturing Procurement Supply Chain Design Software 321

The Logistics of Logistics

DECEMBER 6, 2021

Beagen has extensive experience in oceanborne commerce and maritime law, with specific emphasis on maritime transportation, Shipping Act issues, supply chain management, international antitrust law, and port and terminal operations. The number of ships waiting to enter the biggest U.S. Learn More About Solving The Port Problem.

Inventory Reduction 130

Inventory Reduction Los Angeles Rhode Island Material Savings 130

New Horizon Supply Chain Blog

DECEMBER 8, 2022

Introduction: Why Inventory Balancing? Inventory balancing (also called inventory rebalancing), the periodic transfer of inventory from supply chain locations with too much inventory to locations with too little, is an underutilized supply chain tactic. In such cases, inventory balancing is often the best option.

Boston 52

Boston Inventory Reduction Research Supply Chain Planning Software 52

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

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. 2] Costas Paris, Parmy Olson, and Sarah McFarlane, “ Ship Stuck in Suez Canal Heightens Pressure on Global Supply Chain ,” The Wall Street Journal, 24 March 2021. [3]

Sourcing Strategies 130

Sourcing Strategies Manufacturing Procurement Sourcing Agile and Lean Supply Chain 130

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

ToolsGroup

JANUARY 21, 2020

ToolsGroup supply chain planning software allows Allopneus.com to improve inventory quality while reducing storage space at its national distribution center by almost 20%. Inventory management is the key. Inventory management is the key to quality of service and competitiveness,” emphasises Coltat. “To NEWS RELEASE.

Optimal Sourcing 35

Optimal Sourcing ToolsGroup Inventory Reduction Optimization Software 35

ToolsGroup

OCTOBER 25, 2022

More than ever, seasonal inventory needs to be carefully accounted for during the demand forecasting and inventory planning process , ensuring right-sized inventory that can meet customer expectations while limiting the spend and use of working capital. Benefits of Effective Seasonal Inventory Management.

Inventory Reduction 156

Inventory Reduction Inventory Optimal Sourcing Supply and Demand 156

Talking Logistics

JULY 12, 2017

2 Real-time Network Inventory Control and Planning. Too often we think about inventory in a linear way. We have suppliers that provide the inventory to select warehouses and these warehouses supply customers at the appropriate time and place. Can your suppliers direct ship? Will they share inventory?

Supply Chain Planning Software 117

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Pharmaceutical 117

Logistics Viewpoints

NOVEMBER 30, 2022

I live in the Greater Boston area. This provides me with the valuable convenience of visiting with the innovative warehouse robotics companies in this metropolitan area – a large number of companies I called the Greater Boston Robotics Cluster. We aimed to simplify the pick-pack-ship process, largely with software.

Warehousing 272

Warehousing Predictive Analytics Software Optimization Software Logistics Network Optimization Software 272

Kanban Logistics

JULY 14, 2022

The pandemic-related rise of eCommerce, combined with companies holding onto more inventory to guard against supply chain disruptions, has led to a tight real estate market where companies are battling for available space. The national vacancy rate for industrial real estate is a very low 4.7% and falling. The following are a few reasons why.

North Carolina 52

North Carolina Warehousing Real Estate Third Party Logistics 52

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

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

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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

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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

The Logistics of Logistics

APRIL 7, 2023

Dan graduated from Endicott College with a degree in international business and marketing, and currently lives with his family in Boston, Massachusetts. Tusk save Shippers 40% or more on small parcel shipping. Above all else, Dan believes in creativity, drive, and a people first mentality. About Tomorrow.io LinkedIn Tomorrow.io

Logistics Network Optimization Software 221

Logistics Network Optimization Software Supply Chain Network Software Predictive Analytics Software Negotiating Skills 221

ToolsGroup

JULY 13, 2023

Trying to manage an effective ship-from-store program only exasperates this issue. A significant addition to our Inventory Hub® product, Dynamic Fulfillment leverages advanced optimization logic to determine what to ship, from where, in real-time, to reduce shipping costs, improve margins, and satisfy empowered customers.

Optimal Sourcing 291

Optimal Sourcing ToolsGroup Optimization Software Network Optimization 291

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

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

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

FEBRUARY 9, 2016

For example, the China-owned COSCO and China Shipping Container Lines (CSCL) have confirmed their merger. You can read more on the topic in our recent white paper, Wide Open: How the Panama Canal Expansion Is Redrawing the Logistics Map [DK1] , which was written collaboratively with Boston Consulting Group. Free Time and Chassis.

Panama 100

Panama Supply Chain Planning Scenario Planning Price Reduction 100

Kanban Logistics

NOVEMBER 19, 2020

It also enables the 3PL to perform inventory management protocols like FIFO (first in first out; the oldest lots of items will be distributed first) and FEFO (first expired first out; the products closest to their expiration dates will be distributed first). Items that have common characteristics important to the manufacturer (e.g.,

Pharmaceutical 52

Pharmaceutical Warehousing Supply Chain Design Software Supply Chain Design 52

Freight Plus

NOVEMBER 5, 2018

Consider this, a business can spend more than 40% of its annual freight budget on inbound shipping, according to the Aberdeen Group, a research firm in Boston. Knowing how many suppliers you have, where they are located, what they are shipping, and when they are shipping it will help shape your carrier network.

Negotiating Skills 40

Negotiating Skills Purchasing Skills Negotiate Pricing Cost Reduction Strategies 40

CH Robinson Transportfolio

MARCH 22, 2016

First, more inventory would be in transit at any given time. And second, to avoid running out of in-demand products, the shipper would have to stock more inventory as a buffer for unpredictable demand during those 11 days. A time difference of 11 days would affect the shipper in two ways.

Panama 34

Panama Price Reduction Columbus Inventory Reduction 34

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

ToolsGroup

JUNE 6, 2022

Solutions enable real-time inventory availability and fulfillment optimization for retailers. BOSTON—June 7, 2022 — ToolsGroup , a global leader in supply chain planning and optimization software, today announced its acquisition of Onera, a provider of real-time inventory availability and fulfillment software solutions to retailers.

Supply Chain Planning Software 156

Supply Chain Planning Software ToolsGroup Optimization Software Demand Planning Software 156

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

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.

Logistics Network Optimization Software 206

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

Freight Plus

SEPTEMBER 6, 2019

If you had a shipment in Los Angeles that was going to Boston, the best way to do it was to have a local truck pick it up in, say Rancho Cucamonga, and take it to a car loader, which was a cross-dock operation with a rail siding. The car loader would pack, high and tight, your shipment in a rail car along with other shipments going to Boston.

Pricing Training 40

Pricing Training Purchasing Training St. Louis Negotiating Skills 40

CH Robinson Transportfolio

JANUARY 8, 2016

For example, the China-owned COSCO and China Shipping Container Lines (CSCL) have confirmed their merger. You can read more on the topic in our recent white paper, Wide Open: How the Panama Canal Expansion Is Redrawing the Logistics Map , which was written collaboratively with Boston Consulting Group. Free Time and Chassis.

Supply Chain Planning 34

Supply Chain Planning Panama Scenario Planning Price Reduction 34

New Horizon Supply Chain Blog

FEBRUARY 8, 2024

Procurement planning functionality (essentially the planning of future purchase orders) is typically a subset of broader supply planning applications that plan manufacturing work orders, inventory levels, shipments, as well as purchase orders, to meet demand.

Procurement Solutions 52

Procurement Solutions Optimal Sourcing Supply Chain Planning Software Manufacturing Procurement 52

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

Kanban Logistics

NOVEMBER 30, 2023

Understanding Pick and Pack Services The Basics Pick and pack services encompass the order fulfillment process from the selection (picking) of items from the warehouse to the packing and shipping of those items. Shipping: The Final Mile After packing, the products are labeled and dispatched for shipping.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Supply Chain Design Software Cost Reduction Strategies Inventory Reduction 52

ToolsGroup

SEPTEMBER 15, 2020

Global supply chains are fundamentally rearranging and there’s a lot of reflection on how the urge to optimize efficiency (whether it was offshoring manufacturing to keep labor costs down, or making supply chains very lean to cut inventory costs) made supply chains more fragile.

ToolsGroup 234

ToolsGroup Supply Chain Planning Software Supply Chain Software Modeling 234

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