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In April, freight company HLS Group reported 80 canceled sailings from China as trade tensions with the U.S. Inventory buffers shrink. To keep operations and supply chains stable amid the volatility of today’s global trade dynamics, companies need a freight strategy that can flex under pressure. intensified.
Demand forecasting in supply chain management is the process of predicting customer demand, supply trends, and pricing fluctuations. It leverages historical data, competitive intelligence, and external factors to guide inventory planning and resource allocation.
Demand forecasting in supply chain management is the process of predicting customer demand, supply trends, and pricing fluctuations. It leverages historical data, competitive intelligence, and external factors to guide inventory planning and resource allocation.
Photo: iStock/South_agency July 2, 2025 Helen Atkinson, Managing Editor How does a retailer stay ahead of the dizzying number of factors that go into whether it can sell what it puts on the shelves at a profit? AI can help. Modeling the future is traditionally predicated on history, or some substitute for history,” says Petro.
By implementing an AI-powered planning solution that analyzed inventory levels, forecast needs and guided agents to service revenue-producing assets, the company was able to redefine its business model and save roughly $100 million. The business required 100% vehicle uptime but struggled to meet this goal and manage spare parts inventory.
Humans will still be very much in the picture, he argued, but one of the most important elements in the relationship between human and machine will continue to be trust.
Among the most effective solutions: automated storage and retrieval systems (ASRS), which use mobile robots to handle inventory storage and picking. 4 Maximize Your Existing Space If you’re only storing inventory at eye level, you’re missing out on massive potential. Modular systems make it easy to expand as your business grows.
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Attendees explored emerging market trends and how organizations are responding in real time, strategic investments in automation and artificial intelligence, best practices in change management, and the key performance indicators that matter most for long-term sustainability. Its not just good for business; its the right thing to do.
As freight carrier rates and fuel prices rise, and competition for customers heats up, their margins are shrinking. market at record rates during what experts are calling a freight recession. There are some larger LSPs out there who can easily manage end-to-end supply chains and seamlessly onboard new customers.
Now is an excellent time to develop organizational execution intelligence, which means using data and analytics to optimize operations across inventorymanagement, pricing and promotion to squeeze every last ounce of efficiency out of your processes. Prioritize execution intelligence. s national weather service.
AI in supply chain refers to the use of advanced algorithms and machine learning to analyze large volumes of data and generate actionable insights. Boosting classification accuracy: Improves product and data classification through natural language processing and pattern recognition.
This control is particularly useful if you’re shipping specialized freight. Owning your cold chain (or finding a partner that does) is one way to reduce the complexity and make shipping more manageable. Cold-chain shipping, for example, is extremely complicated in Hawaii, subject to climate concerns as well as intense regulation.
In sectors where product assortments shift throughout the year, for example, AS/RS may require different bin sizes to accommodate new inventory, while P2G operates independently of bin structures, allowing for seamless transitions. A final plus for warehouse operations has been the workforce impact of P2G solutions.
Instead of waiting for failure, they can proactively adjust contracts, build alternative partnerships, or shift inventory allocation in response to emerging signals. That’s why pharmaceutical companies are revisiting traditional resilience levers such as inventorymanagement and domestic production. Strategic stockpiling.
Order management is uniquely positioned as the command center of the supply chain, sitting at the intersection of inventorydata, logistics intelligence and customer experience. 3 Inventory Segmentation and Revenue Protection Inventory visibility is foundational — but segmentation is transformational.
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First, employees must be educated in basic AI operations, ethical use of the technology and responsible datamanagement. To test AI within an organization, Wood suggests starting small, by picking a pilot project where there’s a known level of high data maturity.
Businesses must also consider the ripple effects on their inventory strategy; any change of supplier will change lead times. A New Approach to Supply Chain Management Logistics and supply chain leaders know their supply chains need to be more agile, ready to withstand everything from a global pandemic to geopolitical conflict.
Regulators are seeking “to put pressure on fashion brands to make sure they’ve got better inventory control in terms of not over-ordering.” Hunt, BNSF and GMXT Launch Intermodal Freight Delivery Service in Mexico Freight Forwarding/Customs Brokerage The Top 8 EDI Myths - Debunked! Featured Product Popular Stories J.B.
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Automated storage and retrieval systems (ASRS) allow you to better utilize your current footprint by storing inventory as high as 40 feet and streamlining pick and putaway operations. ASRS allows operators to make use of untapped vertical space, transforming high ceilings into high-efficiency inventory zones.
billion acquisition of Generative AI start-up MosiacML in 2023, and the upwards on $1 billion acquisition of datamanagement start-up Tabular in 2024. Cloud ERP and infrastructure provider SAP SE announced in February that this provider with be the prime partner to a newly announced SAP Business Data Cloud capability.
Featuring Our Top 16 Articles on Freight and Logistics! Tasks that once meant standing in long queues for hours to send a courier can now be effortlessly managed with a simple tap on a mobile phone screen. The app’s data-driven approach empowers you to operate your business more efficiently.
Modern hospital pharmacies are expected to manage increasing complexity with fewer resources, tighter budgets and greater accountability. Centralized medication management platforms allow hospitals to track and manageinventory across departments and facilities in real time. Digital tools help shift that burden.
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The time to build a leadership culture is now — before your next fleet manager walks away and your supply chain pays the price. Last Mile Delivery Freight Forwarding/Customs Brokerage LTL/Truckload Services Education & Professional Development HR & Labor Management RELATED CONTENT RELATED VIDEOS Subscribe to our Daily Newsletter!
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Unifor claims that the company is pushing to implement changes to pay systems that would have drivers travel more than 60 miles to get to their routes or pick up freight with no compensation. Hunt, BNSF and GMXT Launch Intermodal Freight Delivery Service in Mexico More from this author Subscribe to our Daily Newsletter!
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The knock-on effects included delivery delays, inventory shortfalls and price spikes across multiple industries. That detour added up to 12 days of transit time and increased shipping costs by approximately $1 million per voyage, according to reporting from Bloomberg and Maersk’s own advisories.
A recent Ernst & Young Revenue Recognition Survey found 88% of organizations struggle to get the data required for ASC 606 and IFRS 15 financial disclosure, resulting in three times the compliance costs. Manually managing complex partner programs.
Global Supply Chain Management Digital Edition SupplyChainBrain 2025 ESG Guide: Is ESG Still Relevant? UNFI ), one of the U.S.’s s largest organic food distributor has led to empty shelves at Whole Foods stores across the country, reports NBC News. UNFI ), one of the U.S.’s
For many, this will be compounded by the risk of a recession, sharpening the consequences of excess inventory, stockouts or misallocations. In a world where tariff and shipping uncertainty can compress margins and flexibility overnight, the companies that can trust their inventorydata and make fast, confident decisions will survive.
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