Is Inventory Waste or an Asset?

Supply Chain Shaman

We were discussing the results of the planning benchmarking work that we have just finished, and I was sharing some insights on inventory management when one of the panelists emphatically stated, “Inventory is a waste to manage. Inventory is both.

LTL Rates, Capacity, and Fuel: The General Outlook for 2017

Cerasis

Rebounding freight volumes and the proximity of the electronic logging device (ELD) mandate are set to change the industry in 2017, reports Sean Kilcarr of FleetOwner. Capacity Will Grow Tighter. If the retail sector suddenly jumps, the capacity crunch will return with vengeance. .

Navigating Ongoing International Transportation Capacity Challenges

Talking Logistics

International transportation is dealing with ongoing challenges of tighter capacity. From import space and export space tightening up and a hot drayage market causing capacity constraints to volatile air freight rates – international transportation has had its share of challenges the last 10-12 months. 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.

3 Ideas for Finding Air Capacity in the Transatlantic Lane

Transportfolio

3 Ideas for Finding Air Capacity in the Transatlantic Lane | Transportfolio. If you have struggled lately to find available air capacity in the Transatlantic lane, you’re not alone. Capacity is hard to find in this lane, and the busiest time of the year for air shipping is just ahead.

Inventory Management

LeanCor

Inventory management, network infrastructure, and labor deployment are all critical components necessary to meet this intense customer demand. Inventory Management Strategy. This leaves us with one option: pushing the boundaries of current inventory management practices.

LTL to Intermodal Shipping: How to Find and Eliminate Freight Spend Black Swans

Cerasis

For freight, managing black swan events, like risk mitigation , means finding problems that are on the verge of causing disruption and taking advantage of resources to minimize their impact. As a result, carriers will have less capacity and availability to handle unexpected surges in demand.

Freight Brokers: Disintermediated or Growth Opportunity by Incorporating Technology?

Descartes

Given the current capacity crunch, and the huge amounts of investment capital pouring into transportation and logistics technology, there is tremendous discussion on how technology innovation will impact the industry and, more specifically, 3PLs.

E-Commerce Freight Consolidation & Desconsolidation: Understanding the Role of Intermodal Freight Shipping for Successful E-Commerce Logistics

Cerasis

For shippers, the best way to handle the e-commerce logistics surge lies in e-commerce freight consolidation and deconsolidation. E-Commerce Growth Is Incompatible With Stagnate Freight Shipping Strategies E-commerce growth can boggle the mind. Unfortunately, shippers using traditional freight shipping strategies, including limited use of Intermodal freight shipping, will result in added expenses and delays in moving e-commerce freight.

Optimize Your Freight Spend Without Negotiation

Talking Logistics

Companies across all industries are dealing with rising transportation costs and a key question many CEOs, CFOs, and supply chain executives are asking is, “What can we do to better manage and control our freight spend in today’s market?” Rising Freight Spend . With rising fuel costs, tight capacity, and driver shortages, rates are escalating faster than many companies expected or budgeted for.

Best Practices to Get More Throughput and Capacity Out of Your Distribution Centers

Cerasis

While expanding capacity with new construction is certainly one solution, other ways exist to get more throughput and capacity in distribution centers without major overhauls to existing operations. Before you break ground on a new building/annex, hire and train new workers, or invest millions into new software, consider some other proven ways to get more throughput and capacity in distribution centers.

How Lean Warehousing Can Ease Your Carrier Capacity Pain

LeanCor

As a result, it is increasingly difficult to secure capacity in today’s carrier market. Just-in-time delivery – Cross-docking allows for just-in-time delivery of inventory to a customer’s manufacturing facilities without driving up transportation cost by way of postponement.

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Air Freight Trends to Watch in 2019

Transportfolio

What is your air freight strategy for the year ahead? Demand growth, the type of capacity airlines are adding to the market, and tariffs are big trends to watch this year. The surge in demand for air freight that took off in mid-2016 normalized in early 2018.

Shippers of Consumer Products Impacted Most by Capacity Crunch

Cerasis

Most all shippers have felt the recent tightening in capacity. Today, with omnichannel pressures and a drastically different retail environment, stores are working hard to eliminate excess inventory and penalize vendors for early (and late) deliveries. The Great Capacity Crunch: The Current State, Future Outlook, & How Shippers Can Thrive in Any Capacity Crunch. Their expertise is particularly relevant during difficult freight environments. Capacity Crunch

Air Freight Trends to Watch in 2019

Transportfolio

What is your air freight strategy for the year ahead? Demand growth, the type of capacity airlines are adding to the market, and tariffs are big trends to watch this year. The surge in demand for air freight that took off in mid-2016 normalized in early 2018.

7 Core Competencies for Optimizing Global Transportation and Freight Spend

3rdwave

Managing a global supply chain network requires the ability to manage and control both global transportation execution and the associated freight spend. The 7 Core Competencies for Optimal Global Transportation and Freight Spend Management.

7 Core Competencies for Optimizing Global Transportation and Freight Spend

3rdwave

Managing a global supply chain network requires the ability to manage and control both global transportation execution and the associated freight spend. The 7 Core Competencies for Optimal Global Transportation and Freight Spend Management.

California Freight Heats Up, Spurred By Hanjin Collapse

DAT Solutions

Even if they didn’t have cargo on Hanjin ships, big retailers are starting to shift inventory from West Coast distribution centers to other DCs farther east. Those eastbound freight moves will become more urgent, and rates are likely to rise further, as Black Friday draws closer.

Air Freight: Learning the Basics to Optimize Your Global Supply Chain

Transportfolio

Air freight is often more expensive than any other mode of transportation. When considering the cost of a modal shift to air cargo, keep in mind that the freight cost is only one component of the equation.

Expectations in Freight Transportation (2017 Edition)

PLS Logistics

The latest American Trucking Association (ATA) report predicts freight volumes and the amount of goods moved by truck will grow. Shipping rates are expected to increase as existing capacity is negatively affected by economic conditions and new regulations.

Technology Fuels Freight Logistics: Jeff Tucker in Wall Street Journal

DAT Solutions

Jeff Tucker 's guest column in yesterday's Wall Street Journal pointed to the pivotal role of technology, including DAT Load Boards , in freight logistics today. Jeff also highlighted the contribution of freight brokers to the efficient movement of cargo.

Supply Chain Visibility: Beyond “Where’s My Truck?”

Talking Logistics

This is certainly true in the transportation realm, where real-time freight visibility solutions are helping companies answer — quickly and accurately — Where’s shipment? The Broader Value Proposition of Freight Visibility.

Capacity + Higher Contract Rates = Opportunities in Disguise

DAT Solutions

Spot market freight volume is soft, and capacity is loose. There are more freight brokers entering the market than there were last year. Capacity is much looser now than it has been in recent years. Note the relative lack of capacity pressure in July 2015 (right.)

Ten Steps to Managing Inbound Freight: A Coordinated Dance between Shippers and Suppliers

Material Handling & Logistics

Both inbound and outbound freight require carefully choreographed steps for a successful dance. A more efficient inbound freight program streamlines processes to achieve greater savings. However, many businesses overlook inbound freight management since making it successful is not easy.

How Transportation’s Role is Changing in Today’s Market

Transportfolio

For many years, their same processes worked well because transportation was historically elastic and had low relative costs to inventory and the company’s overall supply chain. Opinions are mixed regarding if available capacity is expanding or shrinking.

Retail Shipments Keep Truckload Capacity Tight

DAT Solutions

Volumes for the top van markets rebounded 5% last week, as shippers moved freight out the door before month’s end. The Memphis to Columbus lane paid 14¢ better at $2.19/mile, with shippers adjusting warehouse inventories.

The Invaluable Role of a TMS in Managing Full Truckload Shipments

Cerasis

Shippers face more challenges than ever before when it comes to managing freight spend and allocation. While many other questions exist, freight management in today’s world is built on the internet, speed, use of data, and staying attractive to drivers. Yes, your freight must be attractive to drivers to get the best deals, and a TMS provides an invaluable means of creating attractive freight. The Freight & Transportation Management Trends to Know in 2018.

Peak Volumes, Port Congestion, and Air Freight Options

Talking Logistics

Other situations continue to contribute to a bottleneck at the docks — inefficient processes upon arrival, chassis shortages, and truck capacity on the drayage side are just a few of the big ones. These shippers avoided delays at the port by converting their goods to air freight. After the majority of Christmas products arrived in the United States, the demand for capacity lightens. Robinson freight forwarding ocean port delays Sri Laximana Port congestion.

With LTL Fuel Surcharges on the Rise, What Are the Expectations and Projections of Higher Fuel Costs on LTL Shipping?

Cerasis

Instead of trying to go with the flow, shippers that understand where LTL fuel surcharges are headed can take steps to reduce freight spend by effectively reducing fuel surcharges paid for unexpected delays or issues. How To Determine Freight Class: Density Calculator & Printable Resource.

Peak Shipping Season: A Review of Trends from the 2018 Holiday Peak Season

Cerasis

Meanwhile, inventory levels rose 3.6 Retail saw the most significant season in decades, and carriers were hard pressed to find available capacity. Freight data use. Freight claims management practices. Freight

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How GST (Goods and Services Tax) Has Affected Logistics in India!

Supply Chain Game Changer

From including transportation, warehousing, pool distribution, packaging solutions, inventory management, management consulting, logistics optimization and last-mile delivery the logistics sector complemented advanced supply chain facilities. Subscribe Here! Email Address.

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The Story Continues…. Let’s Don’t Sugar Coat the Real Issue

Supply Chain Shaman

The people on the ground–my contacts in the 3PL, freight forwarding and transportation industry–know that the labor strife is only a part of the larger story. port capacity and are critical for Asian trade.

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The Digital Transformation in Logistics: Technologies, Barriers and Predictions!

Supply Chain Game Changer

Furthermore, IoT solutions enable businesses to assess demand based on historical data and automate inventory replenishment. Route & freight cost optimization. Limited IT capacity. Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer.

Top 20: The Ultimate Logistics Technology Roundup

Freightos

Optimized trucking capacity : Technology companies like 10-4 are optimizing capacity usage, closing the loop between truckers, shippers and brokers. [ 10-4 Systems , @10_4systems ]. Freight Marketplaces : Cargomatic is a prime example of the rebirth of freight marketplaces.

Transportation Cost Drains

The Logistics of Logistics

Transportation Cost Drain #2 - Freight Rates. Freight rates are a direct line item cost and many companies have experienced rate increase in addition to surcharges. Freight terms are negotiable. What freight terms have been agreed too? Is your supplier taking advantage of your freight volume for better rates? Is you supplier making a profit on your freight by adding a fee?

Hanjin Bankruptcy Demonstrates Fragility of Ocean Freight Market Prior to “Black November”

NC State SCRC

This challenge has been also impacted by the growing discontent on the part of retailers and customers who are unhappy with the trend towards larger slow-steaming ships, which leaves more inventory on the water for a longer period of time. Steam ship lines are all suffering from over capacity and downward pressure due to fuel prices. of global container capacity, it still has resulted in more than half a million containers sitting on the ocean.

This Week in Logistics News (October 17-21, 2016)

Talking Logistics

billion in France to double capacity at Roissy airport. R2 Freight & Logistics, Inc. According to analysts at Avondale Partners, softening demand and increasing capacity warrant a pricing forecast of -3% to 1% through mid-2017.”. How was the JDRF Death Valley Ride ?

Supply Chain Predictions!

Supply Chain Game Changer

In the book, The Living Supply Chain , the authors argue that, “Speeding up the supply chain is at the root of everything that is good: improved revenue, reduced working capital, higher profitability, and less obsolete inventory. Subscribe Here! Email Address.