ThroughPut

FEBRUARY 1, 2023

u can’t just turn around a giant cargo ship. companies with global operations, one of the most effective global value chain strategies and supply chain strategies is to mitigate risk by shipping smarter. Once the cargo has shipped, there is no “backsies.” This isn’t to say you should avoid international sources for goods.

Material Savings 52

Material Savings Price Reduction Expense Reduction Sourcing Strategies 52

6 River Systems

OCTOBER 12, 2020

Rising costs mean that companies must continue to innovate and implement strategies that can help reduce logistics costs and boost the bottom line. A reduction in oceanic transportation would necessitate changes to distribution routes. billion, while transportation costs increased by 10.4% His current role as a Sr.

Cost Reduction Strategies 98

Cost Reduction Strategies Expense Reduction Material Savings Inventory Reduction 98

American Global Logistics

AUGUST 22, 2023

As we navigate the third quarter of 2023, it's time to examine air cargo's role in global commerce. Air cargo is now essential for global supply chains and offers many benefits for businesses worldwide. Air cargo refers to the transportation of goods via an air carrier, which may be charter or commercial.

Cargo 52

Cargo Sourcing Strategies Material Savings Logistics Network Optimization Software 52

Logility

FEBRUARY 7, 2023

What lies ahead in 2023 (and beyond) requires an intelligent supply chain strategy to help you automate and accelerate your allocation processes to ensure the right product assortments arrive in stores and back stock that’s held in distribution centers is right sized.

Optimal Sourcing 142

Optimal Sourcing Optimization Software Supply Chain Optimization Price Mitigation Strategies 142

ToolsGroup

APRIL 1, 2022

Such measures include communicating with suppliers and customers , using demand shaping to overcome inventory shortages, seeking additional suppliers, and building more onshore facilities. Learn more on how to overcome today’s supply chain challenges by securing the free guide, 8 Winning Strategies to Combat Supply Shortages.

Material Savings 207

Material Savings Purchasing Skills Supply Chain Planning Software Manufacturing Procurement 207

Ware2Go

JANUARY 7, 2022

Recent supply chain disruptions , including images of cargo ships stuck off the West Coast , have led eCommerce shops to rethink their just-in-time and just-in-case inventory strategies. . Below we look at the advantages and disadvantages of JIT and JIC strategies and examine the benefits of taking a hybrid approach.

Just-in-Time 98

Just-in-Time Optimal Sourcing Manufacturing Procurement Supply Chain Disruption 98

SCMDOJO

APRIL 15, 2024

Amazon’s Mission Its unwavering commitment to customer satisfaction is at the heart of Amazon’s logistics strategy. Amazon’s Virtuous Circle One of the key elements of Amazon’s logistics strategy is what they refer to as the “virtuous circle.”

Logistics Network Optimization Software 81

Logistics Network Optimization Software Inventory Reduction Sourcing Strategies Inventory Management Software 81

Ware2Go

MAY 4, 2023

Drayage is the movement of a shipping container from a cargo import location, such as a port, to an end location (typically a warehouse ). Moving cargo efficiently is essential to the success of any supply chain, and drayage plays a vital role. However, global shipping creates the threat of gaps in inventory and shipping delays.

Cost Reduction Strategies 52

Cost Reduction Strategies Optimal Sourcing Expense Reduction Inventory Reduction 52

Logistics Viewpoints

JANUARY 26, 2021

Fifty-two percent of respondents are working on individual digital projects but lack an overarching strategy that links all these efforts. According to a Forbes article, BD managed a number of disruptions seamlessly , including a rudder problem with a cargo ship that resulted in 28 BD containers being thrown overboard.

Agile and Lean Supply Chain 269

Agile and Lean Supply Chain Supply Chain Software Supply Chain Planning Software Supply Chain Strategy 269

Logility

JUNE 29, 2021

Cargo stuck in the Suez Canal, a gas pipeline breach, an overburdened power grid, and shortages in lumber, plastics, and semiconductors – all these events in the last few months should make any supply chain executive nervous. News headlines may have you believe that supply chains across all categories are running amok.

Optimal Sourcing 130

Optimal Sourcing Sourcing Strategies Material Savings Vendor Strategies 130

BlueYonder

JUNE 16, 2022

As many countries around the world enforce economic sanctions against Russia, global logistics networks are struggling to isolate Russian products while still ensuring inventory availability. The post Where’s My Inventory? There’s no end in sight to these challenges,” he notes. “In

Inventory Management Software 52

Inventory Management Software Inventory Management Inventory Reduction Optimal Sourcing 52

Supply Chain Game Changer

OCTOBER 29, 2020

Freight sourcing team article and permission to publish here provided by Katharine Barrios at xeneta.com. Freight sourcing and procurement is a critical component of the whole supply chain and is crucial to the success of the business. These are the must-haves for any effective freight sourcing team. GET our EBOOK HERE.

Sourcing Strategies 75

Sourcing Strategies Negotiating Skills Optimal Sourcing Negotiate Pricing 75

The Logistics & Supply Chain Management Society

OCTOBER 15, 2023

This entails staying well-informed about industry trends, harnessing technology for improved decision-making and transparency, nurturing strong partnerships with service providers, and continuously evaluating and refining procurement strategies to address the evolving complexities of container shipping.

Optimal Sourcing 130

Optimal Sourcing Procurement Sourcing Strategies Freight 130

Logistics Viewpoints

APRIL 22, 2021

alternate sourcing strategies), while others are potentially negative (e.g. a “green leaf”) – can help drive choices that improves consolidation and reduces environmental impacts. As we adjust and respond to this “new normal”, one important area is the effect of these shifts on the environment.

Supply Chain Disruption 327

Supply Chain Disruption Supply Chain Planning Software Supply Chain Software Sustainability 327

ModusLink Corporation

JANUARY 24, 2024

By implementing key strategies, they can better navigate troubled waters and ensure the efficient movement of goods across international waters. This update explores essential strategies. Implement security protocols to protect cargo and vessels from piracy and other security threats.

Supply Chain Planning Software 78

Supply Chain Planning Software Sourcing Strategies Supply Chain Strategy Supply Chain Planning 78

ThroughPut

MAY 5, 2020

UTC helps give a clearer picture of what a specific source of supply actually costs and it is most useful when selecting or negotiating with suppliers. ” Hard costs involve an invoice or a direct cash outlay, which could include freight payments or inventory. Supply chain cost drivers. Investment costs.

Cost Reduction Strategies 64

Cost Reduction Strategies Manufacturing Procurement Inventory Reduction Negotiating Skills 64

Freightos

NOVEMBER 11, 2021

Maersk has unabashedly championed vertical integration for years, advocating an “end-to-end” strategy. On the horizontal carrier integration front, Maersk has doubled down on its extension from ocean consolidation (Hamburg Sud, 2017) to air cargo, increasing Maersk Air by 33% with three leased cargo planes and two new Boeing purchases.

Price Reduction 177

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

Logistics Viewpoints

APRIL 10, 2024

The port handles about 11 million tons of cargo per year, including automobiles, containers, coal, and farm products. A redundant supply chain has spare or backup capacity, such as inventory, equipment, facilities, and suppliers, that can be activated or mobilized in case of disruptions.

Baltimore 253

Baltimore Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 253

Logility

SEPTEMBER 19, 2022

Denbury, an independent energy company, sources CO 2 from Jackson Dome, a natural carbon source field in Mississippi. Supply is reduced because not all suppliers can filter out the impurities. . Ammonia plants are closing for maintenance as well, and they are a source of food-grade CO 2. A plastic resin shortage.

Beverage 130

Beverage Supply Chain Planning Software Agile and Lean Supply Chain Optimal Sourcing 130

Freightos

JUNE 15, 2021

You’ve seen the Suez Canal memes, you know furniture is taking way longer than usual to get to your door, and you may have even heard about Pelotons shipped by air to reduce delivery times. A third of all cargo is carried in passenger planes. So to meet capacity, airlines started to convert passenger planes into cargo planes at scale.

Global 392

Global Supply Chain Price Reduction Supply and Demand 392

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. It also allows the creation of various scenarios and the testing of different strategies to determine the optimum course of action.

Supply Chain Design Software 78

Supply Chain Design Software Logistics Network Optimization Software Optimal Sourcing Supply Chain Design 78

Freightos

OCTOBER 31, 2022

Over half of small businesses (51%) now rank dropping consumer demand as their biggest concern, compared to a third that are concerned about lacking inventory. . For example, 28% of small businesses said that they believe their profitability will take a hit from reduced demand, compared to 16% for midsize businesses.

Supply Chain Planning Software 156

Supply Chain Planning Software Supply Chain Planning Supply and Demand Supply Chain 156

Supply Chain Opz

NOVEMBER 9, 2014

Whether you''re a manufacturing company in China, a sourcing agent in London or a world''s leading company in Silicon Valley, we''re all in a global supply chain networks. Therefore, a firm would be well served to develop a supply chain strategy as described in my book: Supply Chain Transformation. But, it can be overdone.

Waste Reduction 274

Waste Reduction Cost Reduction Strategies Supply Chain Planning Software Inventory Reduction 274

Intelligent Audit

NOVEMBER 30, 2021

That’s the first step toward making meaningful improvements in ocean freight cost reductions. With some variances by source, the rate of cost-impacting ocean transport errors sits somewhere between 20-30% percent. But they may amount to missed deliveries or inaccuracies in inventory. The difference is simple.

Cost Reduction Strategies 52

Cost Reduction Strategies Inventory Reduction Shipping Container Tracking 52

Ware2Go

JANUARY 7, 2022

Recent supply chain disruptions , including images of cargo ships stuck off the West Coast , have led eCommerce shops to rethink their just-in-time and just-in-case procurement strategies. About 9% even had stopped offering free shipping to recover costs, while 7% held off on ordering peak inventory to see if prices would level off.

Just-in-Time 52

Just-in-Time Optimal Sourcing Manufacturing Procurement Supply Chain Disruption 52

ToolsGroup

DECEMBER 20, 2021

When capacity was cut, so too was the empty supply of containers back to Asia. Image source: Bloomberg. Labor shortages , impeding the ability to get cargo unloaded, loaded, or moved. Image source: American Journal of Transportation. The container shortage was a byproduct of the cancellations – and here’s why. .

Supply Chain Disruption 194

Supply Chain Disruption Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 194

Supply Chain Matters

MAY 22, 2023

According to the April report commentary , the industry remains hopeful in new signs indicating that retailers and manufacturers are getting closer to working off the overall glut of inventories that resulted in 2022. percent drop in cargo volumes. significantly reduce costs and operating margins while shedding staff.

Negotiating Skills 52

Negotiating Skills Inventory Reduction Cost Reduction Strategies Price Reduction 52

ThroughPut

MAY 5, 2020

UTC helps give a clearer picture of what a specific source of supply actually costs and it is most useful when selecting or negotiating with suppliers. ” Hard costs involve an invoice or a direct cash outlay, which could include freight payments or inventory. Supply chain cost drivers. Investment costs.

Cost Reduction Strategies 52

Cost Reduction Strategies Manufacturing Procurement Inventory Reduction Negotiating Skills 52

ThroughPut

MAY 5, 2020

UTC helps give a clearer picture of what a specific source of supply actually costs and it is most useful when selecting or negotiating with suppliers. ” Hard costs involve an invoice or a direct cash outlay, which could include freight payments or inventory. Supply chain cost drivers. Investment costs.

Cost Reduction Strategies 52

Cost Reduction Strategies Manufacturing Procurement Inventory Reduction Negotiating Skills 52

Logistics Viewpoints

DECEMBER 5, 2022

But Molex, a global electronics and connectivity solutions company, has been investing in their intelligent digital supply chain strategy to improve their supply chain agility and customer experience. The planners could choose to switch cargo from a slow-moving ship to air, for example. Molex Realizes it Needs Better Visibility.

Agile and Lean Supply Chain 199

Agile and Lean Supply Chain Rail Software Manufacturing Procurement Supply Chain Planning Software 199

Global Trade Management

JUNE 29, 2023

These innovations allow for a comprehensive assessment of risks by viewing the supply chain through the lens of the cargo itself. Envision a scenario in which cargo is monitored at every stage, from production to warehousing and retail. If this vulnerable cargo is exposed to a defined risk scenario like mold, it's in trouble.

Optimal Sourcing 52

Optimal Sourcing Real-time Visibility Inventory Reduction Cargo 52

Precoro

APRIL 18, 2023

Cargo Status Current information about the location and status of cargo is the first pillar of supply chain visibility. In order to plan inventory and estimate cash flow, companies should know when to expect shipments to arrive, when to pre-order the next one, and how to budget the payments.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Design Software Real-time Visibility Supply Chain Software 98

Enterra Insights

APRIL 30, 2020

Truckers, warehouse workers and cargo handlers, all in a vast network, find themselves one endless day after the next getting food, medicine and, yes, toilet paper to customers. Consultancy analysts note, “Data from digital systems reduces errors by removing data collection and manual reporting processes. ” Cost reduction.

Agile and Lean Supply Chain 100

Agile and Lean Supply Chain Material Savings Cost Reduction Strategies Supply Chain Software 100

Operations and Supply Chain Management

OCTOBER 18, 2021

Forecasting Shipping Delays; Cargo Swamps Airports; Alibaba’s Challenge. Emirates Airlines’ cargo operations at Dubai International Airport in February. Dubai’s airport has seen a recent rush in cargo volume as freight forwarders switch from sea freight. ?. Trouble viewing this email? View in web browser ›. By Paul Page.

Forecasting 52

Forecasting Cargo Forecasting Software Logistics Network Optimization Software 52

CH Robinson Transportfolio

JULY 3, 2018

Consider this: global sourcing, manufacturing, and sales are advancing rapidly, leaving technology providers in the tough position of playing catch up. That’s why you need a global shipping strategy with a comprehensive global vendor management program. All freight in a vendor assembly program is sourced for a single company.

Vendor Strategies 34

Vendor Strategies Sourcing Strategies Cost Reduction Strategies Inventory Reduction 34

The Logistics & Supply Chain Management Society

SEPTEMBER 14, 2021

As driving greater sustainability is a key factor in reducing risk. 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. 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

Supply Chain Matters

SEPTEMBER 17, 2022

As a result, the carrier announced immediate and direct actions in reducing costs. They include the freezing of all hiring, the closing of over 90 FedEx offices, the parking of some air freighter aircraft and the reduction of Sunday ground delivery operations. Explanations.

Cost Reduction Strategies 59

Cost Reduction Strategies Resource Reduction Inventory Reduction Sourcing Strategies 59