ToolsGroup

NOVEMBER 30, 2020

With Service Optimizer 99+ (SO99+) ToolsGroup’s manufacturing customers commonly achieve a 10-30% reduction in inventory, improve product availability to 96% or better, and reduce overhead (such as overtime and expedited freight) by 50%. Forecast errors halved. 50% reduction in overhead (such as overtime and expedited freight).

ToolsGroup 156

ToolsGroup Inventory Reduction Price Reduction Manufacturing 156

ToolsGroup

MARCH 17, 2020

Examples of this include expediting with LTL and air freight and costly in-network transfers from warehouse to warehouse–all of which erode profit margins. Use demand modeling to fine-tune demand forecasts. Commonly companies will use a “firefighting” response in times of supply chain disruption in order to meet service levels.

Supply Chain Planning Software 215

Supply Chain Planning Software Modeling Scenario Planning Supply Chain Planning 215

Freightos

DECEMBER 13, 2015

Freight Rates News. Freight and logistics trends that rate in the news. This initiative (to promote connectivity and cooperation amongst countries along land-based and maritime China-Europe routes, with benefits even spreading to other regions) is hot. Overcapacity has plunged freight rates, profit, and prompted mergers.

Freight 120

Freight Forecasting Price Reduction Forecasting Software 120

Supply Chain Shaman

MARCH 21, 2022

Deaths in Hong Kong are at a record level as COVID outbreaks slow freight at Shenzhen and Qingdao ports in China. Very little freight is moving with prices skyrocketing and many rerouting containers to Ningbo. Disheartening and sad… For Europe, it is the impact of surging refugees and the rapid rise of energy costs.

Modeling 276

Modeling Supply Chain Planning Software Supply and Demand Supply Chain Design Software 276

The Logistics & Supply Chain Management Society

APRIL 19, 2023

According to the IHS Markit 2022 Automotive Market Outlook, the European car production forecast for 2022 decreased by 2 million in comparison with the forecast predicted only eleven months prior. The main destinations of vehicle exports were Europe, Middle East and Africa and South America. million cars.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain Trends Modeling Supply Chain Software 130

The Logistics of Logistics

MARCH 18, 2021

Chris Pickett is the Lead Market Analyst and Founder of Pickett Research, LLC – an independent market research firm focused exclusively on the dynamics that drive US truckload freight rates. The next 3 bullet points are cut and pasted from the Picket Research website.

Price Reduction 130

Price Reduction Cost Reduction Strategies North America Forecasting 130

Elementum

AUGUST 29, 2022

The COVID-19 pandemic, Brexit in Europe, and the Russian invasion of Ukraine have further exacerbated current food chain problems, but a solid supply chain should be equipped to withstand this pressure to a certain extent. The post Food Supply Chain Issues appeared first on Elementum.

Supply Chain Planning Software 146

Supply Chain Planning Software Food Supply Chain Software Waste Reduction 146

Logistics Viewpoints

OCTOBER 31, 2022

ZF sends the call-off, along with the forecast, not just to their suppliers, but to their carriers and 3PLs. Even before COVID, Mr. Sobeck explained, forecast accuracy had been declining as product sales became more volatile. Decreasing forecast accuracy makes it more difficult to run a lean supply chain. The Path Forward.

Agile and Lean Supply Chain 197

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

Logistics Viewpoints

JANUARY 12, 2024

German logistics giant DHL Group is advising customers to take a close look at how they manage inventories as shippers switch away from the Red Sea, though trade associations said they did not expect any notable disruptions for Europe’s top economy. When it comes to inflation forecasting , pretty everyone had it wrong.

Logistics Network Optimization Software 257

Logistics Network Optimization Software Price Reduction Inventory Reduction Resource Reduction 257

CH Robinson Transportfolio

JUNE 29, 2021

Work with a provider that has built a long-lasting relationship of trust with a large pool of high-quality carriers to have the confidence that your freight will arrive on time and in full. In Europe, similarly to North America, C.H. Robinson, we move the most full truckload freight (FTL) of any company in the world.

Cost Reduction Strategies 44

Cost Reduction Strategies Europe Real-time Visibility Supply Chain Strategy 44

CH Robinson Transportfolio

JANUARY 3, 2020

For example, you might be surprised how beneficial rail service between Europe and Asia can be for your business today. . As reported by OSW studies , China determined that rail service between western China, Kazakhstan, Russia, and Europe would best serve the unique needs of these manufacturers. Investment in rail infrastructure.

Asia 46

Asia Europe Logistics Network Optimization Software Cost Reduction Strategies 46

Intelligent Audit

APRIL 1, 2021

While traditionally these programs are called freight audits, it isn’t solely about LTL or FT. While each shipping mode presents more complexity for managing the freight audit , having a single validated source of truth across your supply chain opens up endless possibilities for shipment and cost optimization. Consider this.

Freight 52

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

CH Robinson Transportfolio

AUGUST 27, 2020

After an extremely volatile first half of the year, the challenges in the air freight market look set to continue into 2021, requiring both foresight and forward planning from businesses. A turbulent six months for air freight. This caused an overheated market, with the price of air freight increasing by as much as 400%.

Supply and Demand 66

Supply and Demand Modeling Capacity Price Reduction 66

Supply Chain Matters

NOVEMBER 7, 2023

That in turn, has facilitated more discipline in ocean container freight rates among the globe’s most traversed trade routes from Asia to the markets of developed countries. Europe and Asia , stood at $9,304 per 40-foot container, a 110 percent increase from the same index at the close of 2020.

Cost Reduction Strategies 59

Cost Reduction Strategies Global Industrial Industry 59

Logistics Viewpoints

JANUARY 20, 2023

Directors at Amazon agencies and accelerators said that these new changes will help sellers forecast inventory better. The company started out in takeaway food and has expanded into grocery delivery with partnerships with Co-op and Asda in the UK as well as Ahold, Carrefour and Spar elsewhere in Europe.

Logistics Network Optimization Software 192

Logistics Network Optimization Software Logistics Supply Chain Planning Software India 192

Resilinc

FEBRUARY 22, 2022

An invasion would send prices for both fuels higher, leading to more inflation, rising costs for a wide range of commodities including food, as well as freight surcharges and impacts on downstream markets. and Europe, refugee crises in Europe and even popular uprisings among the poor in countries that rely on Ukrainian grain exports.

Russia 104

Russia Ukraine Scenario Planning Supply Chain Planning 104

Logistics Viewpoints

JUNE 17, 2022

UPS said a trial run is focused on New York City and in several cities in Europe. GM partnered with GKN Additive Forecast 3D, to quickly print the components using a flexible material that met GM’s criteria. Chevrolet engineers made a late change to the 2022 Tahoe’s design, necessitating the creation of an additional part.

Logistics Network Optimization Software 197

Logistics Network Optimization Software Logistics South Korea Purchasing Skills 197

Logistics Viewpoints

DECEMBER 5, 2022

The 2010 Eyjafjallajökull volcano eruptions in Iceland, for example, caused enormous disruption to air shipments across Western Europe. There was no air freight possible then into Europe,” added Gerald van den Eijnden. Molex began the journey with Nexus by working to improve visibility to ocean freight. Keys to Success.

Agile and Lean Supply Chain 196

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

Talking Logistics

JUNE 30, 2015

Transportation has followed the same evolutionary pattern, moving upstream from day-to-day freight transactions to an integral component of top-level corporate planning and procurement strategy. routes continue to hold steady but there has been a sharp decline in the rates for Asia-Europe routes. Disaggregate freight spend data.

Negotiating Skills 100

Negotiating Skills Manufacturing Procurement Material Savings Procurement 100

The Logistics & Supply Chain Management Society

JUNE 14, 2023

In an explicit and sharp rebuke rarely heard from politicians, President Biden addressed a handful of freight carriers, accusing them of exploiting their unfettered control of the market for personal gain. and Europe. Amy Klobuchar (D-Minn.) and John Thune (R-S.D.) exports to war-torn countries. Of course not. desires.

Supply Chain Design Software 130

Supply Chain Design Software Shipping Logistics Network Optimization Software Forecasting Software 130

Taulia

NOVEMBER 2, 2022

More recently, the war in Ukraine and the sanctions on Russia have placed limitations on both the overland rail and air freight routes from China to Europe and increased the strain on Northern European ports that were already congested before the war. Demand forecasting. Four components of an agile supply chain strategy.

Agile and Lean Supply Chain 91

Agile and Lean Supply Chain Inventory Reduction Resource Reduction Waste Reduction 91

Logistics Viewpoints

NOVEMBER 2, 2021

It was recently reported that one of the world’s biggest container logistics companies, Maersk, will only handle cargo from direct shippers, cutting out freight forwarders. 1 carrier stopping its dealings with even a portion of the world’s freight forwarders? It seems to me small freight forwarders, in particular, are at risk.

Supply Chain Planning Software 185

Supply Chain Planning Software Supply Chain Design Software Scenario Planning Modeling Software 185

ToolsGroup

APRIL 1, 2022

Thanks to container prices rising as much as 600%, money that could be used for advertising went to freight companies instead. Overcome supply chain challenges – and maximize margins in the face of inflation – with retail planning software and demand forecasting tools. Automotive News Europe ). Consultancy UK). Nikkei Asia ).

Material Savings 207

Material Savings Purchasing Skills Supply Chain Planning Software Manufacturing Procurement 207

Supply Chain Matters

SEPTEMBER 6, 2022

The Wall Street Journal reported this week (Paid subscription or metered view) that ocean container freight rates related to the most active global shipping lanes continue to decline amid what is traditionally considered the peak shipping period leading up to the holiday fulfillment season in the November-December period. Added Perspectives.

Report 52

Report Global Scenario Planning Forecasting 52

Resilinc

DECEMBER 7, 2022

Europe is suffering through a period of extraordinary inflation that will negatively impact the health and well-being of its people and drive disruptions and uncertainty in global supply chains. Labor costs and the availability of talent, as well as rising prices in agriculture, hard commodities, freight, and energy. After averaging 1.6%

Negotiating Skills 62

Negotiating Skills Negotiate Pricing Price Reduction Cost Reduction Strategies 62

The Logistics & Supply Chain Management Society

FEBRUARY 15, 2021

A new study by the Center for Sustainable Logistics and Supply Chains (CSLS) at Kühne Logistics University, in cooperation with the European Freight & Logistics Leaders’ Forum, clearly shows that environmental and economic objectives are not in conflict and often well aligned. This is now changing.

Cost Reduction Strategies 162

Cost Reduction Strategies Price Reduction Sustainability Logistics Network Optimization Software 162

Logistics Viewpoints

DECEMBER 8, 2022

When it comes to executing mode-specific freight moves from origin to destination efficiently, reliably, and cost-effectively, transportation execution and visibility solutions play a critical role. The company acquired Potsdam-based Synfioo–the leading rail visibility company in Europe, in April 2022. Final Thought.

Rail Software 188

Rail Software Real-time Visibility Supply Chain Network Software Supply Chain Planning Software 188

The Logistics & Supply Chain Management Society

APRIL 26, 2022

More specifically, it took 83 days for container transport from Europe to Asia, and 88 days from North America to Asia. The Freightos Baltic Index Global Container Freight Index shows the cost of shipping freight remains hugely elevated – more than double the price a year earlier.

Supply Chain Planning Software 246

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

Logistics Viewpoints

JUNE 26, 2023

Demand sensing involves the use of the external data sources – particularly the latest sales and market data – to improve short-term forecasting and then be able to use that improved understanding of consumer behavior to improve their supply planning. The company chose 4Flow to do transportation planning and execution in Europe.

Supply Chain Planning Software 207

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Planning 207

Proxima

AUGUST 25, 2022

Prices for ocean freight, whilst dropping slightly more recently, have skyrocketed over the last 24 months, at times reaching ten or twenty times the pre-pandemic price in the spot market. China’s lockdowns have been a contributing factor to us hurtling towards a global recession.

Policies 91

Policies Global Manufacturing Procurement Supply Chain Software 91

ShipBob

DECEMBER 20, 2021

Many functions are required to complete this, including: Maritime, road freight, digital freight, truck, and/or air delivery services. Freight forwarding. The logistics sector is rapidly growing and there is no shortage of groundbreaking technology and premiere partners in North America, Europe, and beyond.

Logistics Network Optimization Software 97

Logistics Network Optimization Software Forecasting Software Supply Chain Planning Software Supply Chain Design Software 97

Supply Chain Matters

MARCH 23, 2022

Foxconn Forecasts Challenging Operating Environment This Year. Canadian Pacific is the sixth-largest North America freight railway, and in December 2021 completed an agreement to acquire U.S. In 2021, rail links between China and Europe reportedly moved upwards of 1.4 East Coast Ports the Likely Next Test.

Ukraine 52

Ukraine Kansas City Supply Chain Planning Software Supply Chain Strategy 52

Logistics Bureau

APRIL 3, 2020

Just as China managed to start ramping up production, demand began plunging in its main export markets, especially Europe and the United States, due to far-reaching lockdowns imposed by governments in a desperate bid to contain the Coronavirus. They are not expected to reopen before March 30. They are not expected to reopen before March 30.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Pharmaceutical Global Supply Chain Planning 52

Proxima

JULY 16, 2020

At our recent webinar, held with Supply Chain and Logistics consultancy Hatmill, Proxima’s Simon Geale welcomed Joe Metcalf, Johnathan Foster, Neil Jordan, and Simon Dixon to discuss their advice on the tools needed now to achieve supply chain and logistics success across: warehousing, automation, freight, and reverse logistics.

Supply Chain Software 52

Supply Chain Software Supply Chain Strategy Logistics Network Optimization Software Supply Chain 52

Talking Logistics

JULY 1, 2016

DB Schenker Signs on With uShip Online Freight Platform (WSJ – sub. project44 Achieves Groundbreaking Level of Connectivity with 1000+ Freight APIs. Trucker Path Joins AscendTMS™ to Offer Free Transportation Management Software (TMS) to Carriers and Freight Brokers. Companies like XPO Logistics Inc.

Logistics Network Optimization Software 100

Logistics Network Optimization Software Supply Chain Planning Software Analytics Software Supply Chain Network Software 100

NC State SCRC

OCTOBER 5, 2022

Andrew Viteritti, Lead for the Commerce and Regulation division of the Economist Intelligence Unit Global Forecasting group began his presentation by reviewing the current and future state of the global economy. The EU economies will also be hit, especially Germany and Eastern Europe as we go into winter in 2022. Not likely.

Conference 52

Conference Ukraine Global Purchasing Skills 52

Supply Chain Opz

NOVEMBER 9, 2014

This causes a misalignment of actions, such as suppliers not making the right item at the right time due to forecast inaccuracy. Aggregate forecasts are more accurate than individual forecasts. In-bound freight delivery efficiency can be optimised by consolidating in-distribution hubs and reducing stock levels at country level.

Waste Reduction 274

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