GlobalTranz

AUGUST 11, 2021

Indicator 1: It’s Difficult to Track Your Inventory From Suppliers Through Final Mile. Inventory tracking and visibility must be present from the first mile through the final mile, reflecting the entire shipment lifecycle through white glove services. Indicator 2: Freight Spend Seems to Be Spiraling Out of Control.

Logistics Network Optimization Software 294

Logistics Network Optimization Software Transportation Supply Chain Software Supply Chain Planning Software 294

Zipline Logistics

JUNE 29, 2021

The freight market has been on the receiving end of several systemic shocks that continue to affect industry providers and shippers alike. Each of these on its own could cause capacity constraints. Each of these on its own could cause capacity constraints. Freight Market Volumes Climb Again .

Freight 91

Freight Trends Los Angeles Manufacturing Procurement 91

Unleashed

DECEMBER 15, 2019

It’s easy to oversimplify the differences between sourcing for parts locally or internationally. When considering where to purchase from, the prevailing idea seems to be that domestic sourcing allows for better control and shorter lead time, but international sourcing is more cost-effective. International Sourcing.

Manufacturing Procurement 83

Manufacturing Procurement Sourcing Strategies Purchasing Skills Optimal Sourcing 83

Supply Chain Matters

APRIL 7, 2023

freight rates have reached their lowest levels in nearly six years. In essence, it is confirmation of a freight recession condition. That is not good for retailers and manufacturers, each under the looking glass to reduce not only transportation but also inventory carrying costs. All rights reserved. The post U.S.

Freight 52

Freight Manufacturing Procurement Supply and Demand Nevada 52

Unleashed

JANUARY 14, 2024

Manufacturing inventory management is crucial to the success and profitability of your manufacturing operations. This guide for manufacturers explains how it works and explores the most effective ways to manage inventory in manufacturing. In this manufacturing inventory management guide What is manufacturing inventory management?

Inventory Management Software 52

Inventory Management Software Manufacturing Procurement Inventory Reduction Inventory Management 52

MIT Supply Chain

AUGUST 17, 2021

Part 2: Lessons from Comparing Disruptions In the previous post in this two-part series, The 7 Core Capacities of Supply Chain Resilience , we identified the core capacities that are the building blocks of supply chain resilience. Source: James B. In practice, a short loss of capacity?—?a Disruption comparison matrix?—?Source:

Capacity 52

Capacity Supply Chain Design Software Supply Chain Design Supply Chain 52

Logistics Viewpoints

OCTOBER 6, 2021

The economy is picking up after the severe contraction in labor, productivity, and inventory that occurred during the height of the pandemic. Inventory, Efficiency, and the Extended Supply Chain. But the US ratio of total business inventories to sales is hovering at a 25-year low. Source: Descartes Datamyne.

Supply Chain Disruption 213

Supply Chain Disruption Agile and Lean Supply Chain Supply and Demand Supply Chain 213

Logistics Viewpoints

MAY 27, 2022

North American Transborder Freight up 23.8% The more cautious outlook is driven by wage and inflationary pressures, as well as increased freight costs. The excess capacity includes warehouses in New York, New Jersey, Southern California and Atlanta, according to an article in Bloomberg.com that referenced anonymous sources.

Logistics Network Optimization Software 251

Logistics Network Optimization Software Supply Chain Network Software Real Estate Forecasting Software 251

Supply Chain Matters

MAY 22, 2023

freight and logistics industry continues to mitigate recessionary conditions including the April 2023 Logistics Manager Index reaching its lowest level lowest level in six years and one-half years. freight, logistics and parcel movement industry. Freight rate reportedly fell 37 percent. The LMI has now declined 6.7

Negotiating Skills 52

Negotiating Skills Inventory Reduction Cost Reduction Strategies Price Reduction 52

20Cube Logistics

FEBRUARY 17, 2022

The rapid rate of technological change and faster access to a greater amount of data are resulting in a transformation of the freight forwarding process. Ø An immense amount of information is required from multiple sources during various stages. Considering cost-saving opportunities such as freight consolidation.

Freight 75

Freight Resource Reduction Cost Reduction Strategies Inventory Reduction 75

Supply Chain Matters

SEPTEMBER 23, 2022

percent for its LTL Freight unit, beginning in January 2023. percent rate increase initiated for this year, along with ongoing fuel and other surcharges added for respective parcel or freight movements. However, the market forces of global transportation are such that in times of industry wide excess capacity, rates often tend to fall.

Cost Reduction Strategies 52

Cost Reduction Strategies Negotiating Skills Capacity Expense Reduction 52

Supply Chain Matters

OCTOBER 12, 2022

Indicated in the report summary was: “ The sustained growth in the logistics industry continues to be fueled by high levels of inventory and the associated levels of cost and utilization associated with holding them. According to the September report , growth is increasing for inventory levels, inventory and warehousing costs.

Inventory Reduction 59

Inventory Reduction Cost Reduction Strategies Warehousing Price Reduction 59

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

Talking Logistics

AUGUST 13, 2018

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 . So, what can you do outside that cycle?”. Data-driven Optimization.

Negotiating Skills 103

Negotiating Skills Optimal Sourcing Optimization Software Price Mitigation Strategies 103

Freightos

NOVEMBER 11, 2021

Late 2021 saw Maersk continue to shift towards vertical integrations, with acquisition of Senator, a German freight forwarder for $644 million dollars. For a forwarder, refraining from working with Maersk today is expensive because it removes 17% of global shipping capacity. Accelerating the shift. Image via StarAir.dk).

Price Reduction 177

Price Reduction Logistics Network Optimization Software Cost Reduction Strategies Expense Reduction 177

Logistics Viewpoints

FEBRUARY 26, 2024

Everything from contrast dye, to tubing, to medical devices with embedded semiconductor chips would suddenly become difficult to source. If they were dependent, did they have East Coast distribution centers where they could preplace inventory before the strike occurred.

Supply Chain Planning Software 249

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Pharmaceutical 249

Intelligent Audit

JULY 27, 2021

Supply and demand are two sides of the same coin, the vital coin of inventory management supply chain analytics. Without adequate inventory and supply to go along with capacity and demand, supply chain management will struggle to keep pace during peak seasons.

Inventory Reduction 52

Inventory Reduction Vendor Strategies Cost Reduction Strategies Sourcing Strategies 52

The Logistics & Supply Chain Management Society

MARCH 16, 2021

From September to December 2020, China and a few South East Asian countries started to get back to a fair amount of manufacturing capacities and international logistics resumed for essential services, pharma, food, groceries, medical devices, PPE etc. Escalating freight rates and severe capacity crunch. Manufacturing Planning.

Pharmaceutical 246

Pharmaceutical Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Software 246

Zipline Logistics

MARCH 30, 2021

Following an unprecedented downturn, the freight market has posted an almost full calendar year of impressive growth spurred by demand from a few sectors of the domestic economy. The second half of the past quarter was highly atypical and posted freight volumes that vastly exceeded those generally seen during peak season.

Freight 52

Freight Manufacturing Procurement Los Angeles Purchasing Skills 52

Zipline Logistics

OCTOBER 5, 2021

While it remains to be seen whether the coming quarter will live up to expectations, there are multiple powerful predictors hinting that the freight market will not wane in intensity over the coming months. Capacity tightened steadily, and rejection rates climbed from 20.5% Source FreightWaves’ Market Update.

Freight 52

Freight Long Beach Capacity Supply and Demand 52

Zipline Logistics

SEPTEMBER 7, 2021

If you have an order that needs to get to its destination in a hurry, expedited freight options could be your best choice for delivery. Though often a result of an unexpected need, there is still a way to control costs and ensure quality performance when arranging expedited freight services. What Is Expedited Freight?

Freight 52

Freight Negotiating Skills Manufacturing Procurement Inventory Reduction 52

GlobalTranz

APRIL 6, 2021

Supply chain disruption has many sources: tariffs and trade disputes, natural disasters, pandemics, economic uncertainty and cybersecurity attacks. The demand caught off-guard those retailers and suppliers who relied on just-in-time inventory practices. Does any of that sound like the past two years or so?

Supply Chain Planning Software 189

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Supply Chain 189

CH Robinson Transportfolio

MAY 17, 2021

webinar, we provided an in-depth analysis of current supply and demand trends in the North American freight market. The strong economic recovery and need to rebuild retail inventory creates high out-of-season demand in port cities. Once sales rebalance, will inventory follow? It is not expected this will change overall capacity.

Freight 44

Freight Forecasting Los Angeles Supply and Demand 44

3rdwave

NOVEMBER 29, 2018

Managing a global supply chain network requires the ability to manage and control both global transportation execution and the associated freight spend. While global freight cost varies significantly by industry and transportation mode, it is a major cost component of internationally sourced products.

Optimal Sourcing 88

Optimal Sourcing Global Transportation Negotiating Skills Supply Chain Optimization 88

The Logistics & Supply Chain Management Society

SEPTEMBER 14, 2021

IDC also forecasts that by 2023, 30 percent of Asian enterprises will ship freight using a SaaS-enabled platform, resulting in improved efficiencies in load matching and reduced shipping costs. It provides capacity where and when organisations need it most. Data is critical to delivering a sustainable supply chain.

Supply Chain Planning Software 223

Supply Chain Planning Software Supply Chain Software Modeling Software Forecasting Software 223

Logistics Viewpoints

DECEMBER 5, 2022

Those shipments can move directly to customers or move to several regional distribution centers (DCs) that serve as forward inventory locations and consolidation hubs servicing customers and channel partners. There was no air freight possible then into Europe,” added Gerald van den Eijnden. Molex Realizes it Needs Better Visibility.

Agile and Lean Supply Chain 196

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

GlobalTranz

DECEMBER 18, 2014

Custom fabricators have to cope with highly varying demand cycles from many different steel sales customers, and to do that effectively they need capacity. They’re building that capacity with more equipment. Look for the steel fabrication industry to want to add capacity to gear up for the unexpected.

Manufacturing Procurement 236

Manufacturing Procurement Manufacturing Purchasing Skills Sourcing Strategies 236

SYSPRO Smarter ERP

NOVEMBER 3, 2021

Industries experienced severe operational and financial consequences with issues like supply shortages, supply and demand surges, inventory shortfalls and reduced productivity. It measures the amount of elapsed time from when an order is accepted to when the product is produced and entered into finished goods inventory. Outbound KPIs.

Manufacturing Procurement 105

Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain 105

SYSPRO Smarter ERP

MARCH 31, 2022

It’s premature to know at this stage what the full impact will be on our economies and supply chains, but we can expect more delays of supply of imported inventory, food, and component parts, due to reduced or rescheduled air and sea freight. Supply chain challenges. The supply chain of the future.

Manufacturing Procurement 105

Manufacturing Procurement Supply Chain Disruption Supply Chain Design Software Supply Chain Planning Software 105

ThroughPut

FEBRUARY 23, 2024

A report by McKinsey shows that early adopters of AI in the supply chain have improved their inventory levels by 35%, reduced logistics costs by 15%, and enhanced service levels by 65%, vis-a-vis competitors who were slow to embrace AI. Inventory pile-ups. And the effect of inaccurate demand forecasting is felt across the supply chain.

Predictive Analytics Software 59

Predictive Analytics Software Supply Chain Planning Software Optimal Sourcing Predictive Analytics 59

Intelligent Audit

FEBRUARY 3, 2022

In freight auditing, freight audit advisors work with freight shippers to ensure that all charges are accurate and to prevent wasting money. Shippers can ensure they are getting the best possible rates from their carriers by working with a freight audit consultant. What Freight Auditing Is and Why It’s Important.

Freight 52

Freight Material Savings Resource Reduction Cost Reduction Strategies 52

Logility

MARCH 29, 2022

As the pandemic eased, ports suffered bottlenecks, natural disasters disrupted freight movement, railways suffered congestion, and new legislation further complicated the movement of goods. When this happens, you need alternate sources in different regions that can deliver the parts. As you know, demand for some items surged.

Supply Chain Planning Software 130

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

Logistics Bureau

OCTOBER 24, 2022

Since we promised to update you regularly, we’ve collated some of the latest stories from the world of freight shipping, warehousing, logistics services, and supply chain technology, so that you can keep your finger on the pulse of the fast-changing logistics landscape. How retailers are reevaluating post-pandemic inventory strategies.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software Supply Chain Planning 52

Supply Chain Matters

JULY 7, 2023

According to the June report summary , the primary driver of the latest decline was the inventory metric, which reportedly contracted 6.5 Consequently, the warehousing capacity metric increased a reported 6.8 Surge or seasonal capacity is usually pegged to spot rates based on available capacity. percentage points in June.

Negotiating Skills 52

Negotiating Skills Logistics Network Optimization Software Inventory Reduction Negotiate Pricing 52

SCMDOJO

APRIL 9, 2024

In the world of logistics, this means enhanced operational efficiency for inventory management, route optimization, safety and security of goods, and resource allocation. AI-powered systems will enable precise predictions, route optimization, inventory management, tracking, and communication.

Supply Chain Design Software 76

Supply Chain Design Software Logistics Network Optimization Software Optimal Sourcing Supply Chain Design 76

Supply Chain Matters

AUGUST 7, 2023

While 209,000 workers were added in June, 14,000 freight and parcel carriers were cut and 6,900 warehousing and storage jobs were lost. The July PMI report further pointed to current inventory levels being at their lowest point in the history of this index, and based on July data, is still an ongoing process.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Transportation Logistics Warehousing 52

Logistics Viewpoints

OCTOBER 31, 2022

This enables carriers to optimize their transportation capacity to deliver the shipment on time at best price. Lean cuts inventory out of the supply chain. But when things go wrong, lean can lead to large losses in sales because there are no just-in-case inventory buffers. There are also avoided costs.

Agile and Lean Supply Chain 197

Agile and Lean Supply Chain Supply Chain Design Software Supply Chain Planning Software Lean 197