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. 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. Sobeck explained, are even more important. “We

Agile and Lean Supply Chain 197

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ShipBob

NOVEMBER 6, 2023

Table of Contents ** Minutes What is an inventory audit? When it comes to selling goods, ecommerce businesses may audit their inventory — whether it’s for tax purposes annually or to simply verify units on hand. Inventory audits can be done in-house or by a third party and represent one point in time. What is an inventory audit?

Inventory Reduction 52

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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. The 2010 Eyjafjallajökull volcano eruptions in Iceland, for example, caused enormous disruption to air shipments across Western Europe.

Agile and Lean Supply Chain 196

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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

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. Inventory management. With Cin7 , business owners are able tailor inventory and order management to suit their respective needs. Inventory Planner.

Logistics Network Optimization Software 97

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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

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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

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. importers are resetting inventory ordering strategies to avoid any contentious contract talks this summer.

Ukraine 52

Ukraine Kansas City Supply Chain Planning Software Supply Chain Strategy 52

Supply Chain Opz

NOVEMBER 9, 2014

Reducing lead times from suppliers can help turn inventory faster, freeing up cash and ultimately satisfying customers. 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.

Waste Reduction 274

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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

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Talking Logistics

JULY 8, 2016

It was a relatively quiet week for supply chain and logistics news, with robots and weak freight demand dominating the headlines. Air cargo firms feel the pressure from plunge in freight prices (Reuters). Adorable self-driving robots will start making deliveries in Europe this month (Quartz). percent from 3 percent.

Logistics Network Optimization Software 100

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CH Robinson Transportfolio

MARCH 14, 2020

and Europe. Given this continued volatility, global importers are eager to restock their inventory. Similar to China, airlines have canceled majority of passenger flights in and out of Europe and South Korea due to safety concerns and lack of travel demand. Assessment of inventory levels. specifically China.

Supply Chain Planning 44

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Supply Chain Opz

JUNE 1, 2014

For fast moving products, they use the production facilities in Europe. In order to compensate a long waiting time, Adidas uses air freight or courier service. Forecasting and new product introduction has always been the issues for many FMCG companies, P&G is no exception. Zara is very famous for its time based strategy.

Case Study 239

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Supply Chain Movement

MAY 13, 2015

What service levels can be realistically expected and how to manage reliability in such a fragment road freight market? Freight forwarding specifics to China. Is the trade imbalance between China and Europe going to keep freight costs towards Asia low for the foreseeable future? Rietdijk, SVP Global Sourcing – Vestas.

China 60

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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

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QAD

OCTOBER 22, 2019

JITS is the acronym for “just-in-time-sequence,” a common supply chain practice in the automotive industry that eliminates or significantly reduces the need to maintain parts inventory at the assembly plant. Needing to carry only a few hours worth of inventory, thereby savings on inventory carrying costs and working capital.

North America 75

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Talking Logistics

JANUARY 8, 2016

Transervice Announces Launch of Tech-Based Freight Management Company. Let’s hope the company has better luck in Europe delivering packages on-time next holiday season. INTTRA Collaborates with JDA Software for Streamlined Transportation Management. LoJack SCI and TransVoyant Partner to Deliver Supply Chain Risk Alerting.

Logistics Network Optimization Software 100

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Supply Chain Game Changer

JULY 2, 2021

From supply disruptions , to rapidly changing consumer behaviour leading to increased difficulty for demand forecasting , to challenges companies face when protecting their front-line supply chain workers , the pandemic has raised a whole host of challenges — making supply chains one of the more disrupted aspects of the economy.

Shipping 105

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Supply Chain Matters

AUGUST 11, 2022

There has been a growing perception and belief that the current extraordinary high rates of global-wide inflation have been fueled, in-part by excessive freight rates garnered from shipping container lines, as well as passed along in required product or service price increases. We referenced legislative efforts such as the U.S.

Predictive Analytics Software 52

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Supply Chain Matters

AUGUST 2, 2022

Global consumer product goods provider Nestle in its latest report of quarterly financial performance indicated that despite being able to raise prices for a wide variety of marketed products, higher costs for commodities, freight and energy continue eroding profit margins. Higher costs reportedly have resulted in a 2.8

Cost Reduction Strategies 52

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Enterra Insights

NOVEMBER 29, 2018

Billal Chouli explains, “A supply chain is a network of suppliers, manufacturers, and retailers, as well as intermediaries including freight companies, warehousing companies, and brokers, who transfer goods, services, money, and information amongst one another. The importance of supply chain management.

Optimal Sourcing 100

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Proxima

AUGUST 3, 2020

Whether warehousing, automation, freight, retail or e-commerce, business leaders needed to evaluate and address many or all in order to maintain their supply chains and keep up with the demand, which in turn, was drastically altered by the pandemic. • How do I integrate the strategy across the business?

Supply Chain Software 52

Supply Chain Software Supply Chain Planning Software Sourcing Strategies Supply Chain Strategy 52

Supply Chain View from the Field

NOVEMBER 6, 2013

This distinguished gentleman happened to have just retired as President of Global Freight Forwarding, and prior to that, as President of UPS Asia Pacific. “One of the first decisions Involves understanding the forecast and demand which will impact the type of equipment. Maybe the pricing is different!

Negotiating Skills 60

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Supply Chain Game Changer

NOVEMBER 11, 2018

It was with the use of inventory models such as EOQ, Safety Stock, Fixed Lead-time and Demand Forecasting to ensure that Operations is not interrupted. Products have to be lightweight as they have to be air-freighted. Fedex prevailed as a trend setter and grew as a result of moving into bulk freight.

Modeling 44

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6 River Systems

FEBRUARY 22, 2019

Set up a labor budget based on planned activity, forecasts and seasons. Choose software that facilitates the valuation and control of permanent inventories based on inputs or outputs, with automated stock alerts, that is versatile and independent of the type of business. Once the method is working, standardize it. Robin Schwartz, PHR.

Cost Reduction Strategies 56

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Supply Chain View from the Field

DECEMBER 16, 2013

I also worked with a team of leading thinkers in developing the Future of Procurement Report (published by KPMG) , as well as publish the BVL International Global Logistics Trends and Strategies report with a team of leading academics and executives in Europe, China, North and South America, Russia, and India.

Predictive Analytics 117

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Gravity Supply Chain

MAY 20, 2022

Just-in-time (JIT) inventory management became crucial to the nation’s meteoritic industrial growth, including Toyota’s eclipsing North American and European automakers as the world’s largest automakers for their time. Most of the container traffic flows across the Pacific Ocean or between Europe and Asia.

Supply Chain Planning Software 52

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Supply Chain Shaman

JULY 15, 2021

Labor shortages abound for road freight. The Freight Rates for a 40 foot container from China to the west coast of the United States is quadruple the price of a year ago. The supply chain leader is struggling with increased cost and delayed on-time deliveries in ocean freight. Forecast logistics and hold yourself accountable.

Supply Chain Design Software 369

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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. Thanks to container prices rising as much as 600%, money that could be used for advertising went to freight companies instead. Consultancy UK).

Material Savings 207

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Logistics Viewpoints

MARCH 19, 2021

And while most people think of over the road trucking first, ocean freight is making waves. As more sales move online, some wholesale retailers are taking steps to reduce the amount of inventory they own and are moving back to a drop shipping model. That forecast only includes the US and Europe.

Logistics Network Optimization Software 36

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BlueYonder

NOVEMBER 19, 2013

It took a while for deregulation and computerization to eliminate all those rate clerks and freight-raters. We’re already seeing lights-out warehousing in Europe based on their physical constraints. It took a long time for word processing to eliminate typing pools and typing as a career. So these changes are inevitable.

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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

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Logistics Viewpoints

JANUARY 20, 2023

This new system of inventory management will go into effect on March 1, and will replace weekly restock limits that Amazon used for calculating FBA storage. Directors at Amazon agencies and accelerators said that these new changes will help sellers forecast inventory better. This could be a slow, messy year for freight.

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ShipBob

AUGUST 24, 2023

Moreover, there may be raw material shortages that will then result in supply chain bottlenecks as businesses are unable to procure inventory to keep up with demand. That means companies will need to appropriately adjust their production and procurement so as to avoid excess stock and piling up surplus inventory.

Supply Chain Planning Software 52

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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. Flexible inventory management.

Agile and Lean Supply Chain 91

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

ShipBob

JANUARY 8, 2021

B2B orders are often purchased less often, sold in bulk, and shipped via freight (or parcel for smaller orders). This provides a single source for accurate B2B order data that can be harnessed to improve back-end processes, streamline inventory management, fulfillment, and more. Automate inventory management.

Inventory Management Software 96

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CH Robinson Transportfolio

AUGUST 28, 2018

Unfortunately, it’s the best way to describe what is happening right now in the air and ocean freight markets. Usually, this is roughly how a typical busy season goes: Air freight. Ocean freight. Ocean volumes gathered momentum starting the last week in June, and air freight volumes started increasing in mid-July.

Shipping 34

Shipping Capacity Cargo Freight 34