Freightos

JUNE 15, 2021

Disclaimer: This article is a zoom out for the less freight-inclined. If you have a deeper understanding of freight, you might want to check out our Freightos Baltic Index daily container index instead. Let’s talk freight. . And it’s not just ocean freight. More freight costs, higher consumer costs.

Global 392

Global Supply Chain Price Reduction Supply and Demand 392

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

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. Price Increases. Political Unrest. Focus Outside-in.

Supply Chain Design Software 370

Supply Chain Design Software Supply Chain Planning Software Price Reduction Forecasting Software 370

Logistics Bureau

MAY 24, 2019

If you were to tell me that your company had never looked at its supply chain costs and sought to deliver reductions, I would be mightily surprised. On the other hand, if you told me your company hasn’t been able to sustain any progress in supply chain cost reduction, I wouldn’t be surprised at all.

Cost Reduction Strategies 54

Cost Reduction Strategies Inventory Reduction Expense Reduction Price Reduction 54

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.” Billion US Dollars), followed by Europe and potentially Asia.

Logistics Network Optimization Software 81

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

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. Agile vs lean supply chain management. Avoiding overproduction.

Agile and Lean Supply Chain 91

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

Jaggaer

APRIL 14, 2020

Define your procurement response strategy. Catch the on-demand webinar on building business continuity plans and business strategies for the short, mid and long-term. Elizabeth de Jong of the UK Freight Trade Association told the BBC that the demand has been 50 to 100 per cent above usual, and road hauliers have adapted to keep up.

Supply Chain Disruption 52

Supply Chain Disruption Europe Cost Reduction Strategies Material Savings 52

Logistics Viewpoints

AUGUST 14, 2023

Nevertheless, the argument that trade compliance is complementary to a company’s overall tax strategy certainly makes sense to many companies. Companies who have experienced these delays often add inventory across their network to buffer the risk. In many companies, the legal department also rolls up to finance.

Global 178

Global Supply Chain Design Software Supply Chain Planning Software Sourcing Strategies 178

Supply Chain Matters

JANUARY 10, 2023

In a previous posting, we published Part One of this multi-part series which highlighted our first prediction , that supply chain management teams should anticipate a considerable amount on uncertainty and that a significant challenge will be to avoid complacency in strategies and actions. For those businesses located in the U.S.,

Predictive Analytics Software 52

Predictive Analytics Software Resource Reduction Cost Reduction Strategies Manufacturing Procurement 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 2010 Eyjafjallajökull volcano eruptions in Iceland, for example, caused enormous disruption to air shipments across Western Europe.

Agile and Lean Supply Chain 199

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

QAD

AUGUST 16, 2022

Continued fallout, including transport congestion, limited air freight and rail freight transportation in the Asia-Europe lanes, because of the Russia/Ukraine conflict. Supplier visibility provides analytics and insights to inform your strategy. Potential U.S. Supplier relationships are being put to the test every day.

Optimal Sourcing 92

Optimal Sourcing Supply Chain Software Manufacturing Procurement Supply Chain Design Software 92

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

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. In Europe, three of the most common programs are: • Combined Program.

Vendor Strategies 34

Vendor Strategies Sourcing Strategies Cost Reduction Strategies Inventory Reduction 34

ToolsGroup

JULY 24, 2019

And this low cost fostered a mentality of incremental thinking with mid-level managers focused on squeezing out 1-2% a year in cost savings through sourcing, says Pete Guarraia of Bain consultancy. . But converging costs have reduced the need for far flung supply chains in many industries.

Supply Chain Planning Software 189

Supply Chain Planning Software Supply Chain Planning Scenario Planning Gartner 189

Arkieva

AUGUST 8, 2016

A new study by the SupplyChainDigest analyzing the main components of working capital: Days Sales Outstanding (DSO), Days Inventory Outstanding (DIO), and Days Payables Outstanding (DPO) revealed an uptick in DIO. Sustainable Freight Action Plan for California is estimated to Improve Freight Efficiency by 25% in 2030.

Sourcing Strategies 60

Sourcing Strategies Inventory Reduction Supply Chain Planning Software California 60

Logility

OCTOBER 18, 2022

Sanctions, blocked Ukrainian ports, and stalled transportation routes have also disrupted the China-to-Europe supply chain. This means supply chain leaders have had to shift from using trains back to using ocean freight and getting goods to market takes longer. Build redundancy where possible in your supply chain.

Supply Chain Disruption 130

Supply Chain Disruption Predictive Analytics Software Predictive Analytics Agile and Lean Supply Chain 130

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. Being ready for anything means you can effectively respond to critical events to eliminate costly reactionary activities in times of disruption.

Supply Chain Planning Software 215

Supply Chain Planning Software Modeling Scenario Planning Supply Chain Planning 215

GlobalTranz

APRIL 3, 2018

Instead of having to deal with an ineffective point-to-point communication system like EDI and the complexity of reconciling multiple data sources with multiple permission models, Distributed Ledger Technology (DLT) provides a singular mechanism to securely integrate, harmonize, and synchronize data for all participants. Download white paper.

Supply and Demand 196

Supply and Demand Supply Chain Planning Software Supply Chain Software Optimal Sourcing 196

Logistics Viewpoints

JULY 22, 2022

FedEx Express introduces new routes between Asia and Europe. Körber acquires enVista’s omni-channel and global freight audit and payment services. FedEx Express has announced the launch of a new route between Asia and Europe. To meet demand, 3PLs increasingly tapped the spot market to source carriers to cover shipments.

Logistics Network Optimization Software 211

Logistics Network Optimization Software Supply Chain Design Software Oakland Demand Planning Software 211

Logistics Viewpoints

MAY 19, 2023

That assessment comes as a result of 10 months of subdued demand, inventory de-stocking, and high interest rates, the New Jersey-based company said in its “The GEP Global Supply Chain Volatility Index.” But a key focus right now for Amazon is using AI to figure out where to place its inventory. And now on to this week’s logistics news.

Logistics Network Optimization Software 213

Logistics Network Optimization Software GEP Logistics Florida 213

Logistics Viewpoints

SEPTEMBER 28, 2021

Real-time transportation visibility platforms tell shippers and their broker/carrier partners where their freight is at any point on its journey. Until we have this kind of pervasive visibility, inventory management will continue to be largely an exercise in futility. And what is sitting in the warehouse. And at the cross-dock.

Rail Software 191

Rail Software Real-time Visibility Supply Chain Planning Software Supply Chain Design Software 191

ShipBob

AUGUST 24, 2023

To improve supply chain efficiency and avoid disruptions to supply chain operations , proper supply chain management involves continuous monitoring and improvement to reduce risk significantly. 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

Supply Chain Planning Software Supply Chain Software Optimal Sourcing SCM 52

Supply Chain Matters

AUGUST 11, 2022

In our Part Two look back commentary , we observed efforts and activities by businesses directed at restoring more direct control of supply network materials sourcing. Ocean Reform Act of 2021, which had just passed the House of Representatives in December 2021, along with other nation-based efforts occurring in parts of Europe.

Predictive Analytics Software 52

Predictive Analytics Software Supply Chain Planning Software Cost Reduction Strategies Supply Chain Strategy 52

TMC

MARCH 9, 2017

China’s so-called “One Belt One Road” strategy connects the country via an overland and sea corridor to Central Asia, the Middle East, and Europe. These include a number of TMC customers that have begun moving product from China to Europe by rail where they previously did not. Source: World Economic Forum, [link].

Cost Reduction Strategies 48

Cost Reduction Strategies Purchasing Training Inventory Reduction Negotiating Skills 48

6 River Systems

FEBRUARY 22, 2019

But without an effective fulfillment strategy, it’s difficult to control fulfillment costs, which can have a negative impact on the company’s bottom line. Read on to learn more about the best strategies to control and reduce your warehouse fulfillment costs. ” Meet Our Panel of Warehouse Pros: Nate Masterson.

Cost Reduction Strategies 56

Cost Reduction Strategies Inventory Reduction Material Savings Warehousing 56

Resilinc

DECEMBER 21, 2023

Ships are avoiding Egypt’s Suez Canal, the shortest maritime route from Europe to Asia and one of the world’s most important waterways, which accounts for about 12% of the world’s shipping traffic. Take for instance, Europe, which is entering its peak demand season for oil and gas. Gas prices are on the rise. a barrel.

Supply Chain Planning Software 61

Supply Chain Planning Software Shipping Supply Chain Software Logistics Network Optimization Software 61

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

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. There were floods in Europe and China, Hurricane Ida on the Gulf Coast, and California wildfires that all played their part.

Supply Chain Planning Software 130

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

Enterra Insights

JUNE 28, 2023

His detailed written record paved the way for future traders and merchants traveling between Europe and China. Logistics can help reduce costs. By having more efficient delivery routes, warehouses, and inventory systems in place, companies can reduce their operational costs while still delivering great customer service.”

Logistics Network Optimization Software 130

Logistics Network Optimization Software Supply Chain Planning Software Logistics Supply Chain Design Software 130

BlueYonder

MAY 14, 2021

One of the factors in that evaluation would also be the freight costs you incurred for that container and any additional costs if you are expediting another shipment. If you were to check the freight invoice, you probably paid four times the cost of the container as compared to last year! Chart Source: Freightwaves).

Cost Reduction Strategies 52

Cost Reduction Strategies Inventory Reduction Price Reduction Agile and Lean Supply Chain 52

ToolsGroup

FEBRUARY 7, 2021

In episode six of Be Ready for Anything, ToolsGroup’s Pre-Sales Manager for Europe, Birger Klinke, talks about what retailers should expect in 2021 and how they can leverage probabilistic forecasting and automation to adjust to a changing marketplace. Check out the video below. Or listen and follow on Spotify. Transcript.

Predictive Analytics Software 295

Predictive Analytics Software Retail Modeling Forecasting 295

Logistics Viewpoints

JUNE 17, 2022

Overstock is ready to take advantage of inventory glut. This week, UPS unveiled a battery-powered, four-wheeled cycle to more efficiently haul cargo in some of the world’s most congested streets and to reduce its carbon footprint. UPS said a trial run is focused on New York City and in several cities in Europe.

Logistics Network Optimization Software 200

Logistics Network Optimization Software Logistics South Korea Purchasing Skills 200

Logistics Bureau

JULY 25, 2022

But, right now, after five months of armed conflict in Ukraine, economies worldwide, especially those in Europe, are beginning to feel the effects. The hostilities in Ukraine have severely disrupted the rail link between China and Europe and have even impacted air freight routes since flights must avoid airspace over Ukraine and Russia.

Agile and Lean Supply Chain 86

Agile and Lean Supply Chain Ukraine Supply Chain Strategy Supply Chain Design Software 86

Supply Chain Game Changer

FEBRUARY 27, 2019

Inventory Turnover Breakthrough … Go Back To The Basics! Risk management strategies of yesteryear are ineffective in the changing landscape, and no type of transport can avoid risks. Risks exist in land, air and ocean freight. Poor grasp of hazards in your supply chain will increase freight spend and diminish brand value.

Supply Chain Planning Software 57

Supply Chain Planning Software Resource Reduction Price Reduction Waste Reduction 57

Supply Chain Opz

JUNE 1, 2014

There are two things Boeing and Airbus have in common, utilization of lean manufacturing system and strategic sourcing concept. However, the overall implementation of strategic sourcing is a bit different between the two companies. Product design is also the central part of its strategies.

Case Study 239

Case Study Supply Chain Planning Software Supply Chain Design Software Study 239

Supply Chain Matters

MARCH 13, 2023

The company’s original commitment at the start of 2022 was to produce 50,000 vehicles, but that was cut at mid-year. Included in the results were noted inventory charges and losses on firm purchase commitments of $920 million as of December 31, 2022 compared to $95 million as of December 31, 2021. billion as compared to $4.7

Supply Chain Planning Software 52

Supply Chain Planning Software Cost Reduction Strategies Supply Chain Planning Expense Reduction 52

Logistics Viewpoints

OCTOBER 31, 2022

If a planner knows that the necessary components won’t arrive on time by ship, and that air freight must therefore be used to expedite the shipment, “it makes a huge difference on air freight rates if you need to have a ton on the airplane next week versus in 4 weeks.”. Lean cuts inventory out of the supply chain.

Agile and Lean Supply Chain 200

Agile and Lean Supply Chain Supply Chain Design Software Supply Chain Planning Software Lean 200