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. Usually disruptive events require redefinition and reconfiguring of the supply chain network in order to identify correct allocation of flows and inventory.

Supply Chain Planning Software 215

Supply Chain Planning Software Modeling Scenario Planning Supply Chain Planning 215

Elementum

AUGUST 29, 2022

Recent shortages have highlighted the need for robust, future-proof supply chain management systems that far exceed the capabilities of conventional inventory control processes. Today, we will look at the importance of supply chain management in food production and some solutions to prevent further crises.

Supply Chain Planning Software 146

Supply Chain Planning Software Food Supply Chain Software Waste Reduction 146

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

Logistics Viewpoints

AUGUST 14, 2023

Companies who have experienced these delays often add inventory across their network to buffer the risk. A TMS helps companies move freight from origin to destination efficiently, reliably, and cost-effectively. Finally, in making sourcing decisions, global trade compliance needs to be part of companies strategic sourcing programs.

Global 176

Global Supply Chain Design Software Supply Chain Planning Software Sourcing Strategies 176

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. Ecommerce is also driving supply chain change.

Supply Chain Planning Software 189

Supply Chain Planning Software Supply Chain Planning Scenario Planning Gartner 189

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. 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 helps to create value.

Logistics Network Optimization Software 130

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

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. QAD Auctions tailors auction designs to the specific negotiation and award strategies and improves sourcing results. Potential U.S.

Optimal Sourcing 94

Optimal Sourcing Supply Chain Software Manufacturing Procurement Supply Chain Design Software 94

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 188

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

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 197

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

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

SCMDOJO

APRIL 15, 2024

With a wide array of products stored in its fulfillment centers, Amazon can consolidate orders and optimize its inventory management systems. Source Amazon Product Range One of the key drivers of Amazon’s success in logistics is the sheer breadth of its product range. Billion US Dollars), followed by Europe and potentially Asia.

Logistics Network Optimization Software 79

Logistics Network Optimization Software Inventory Reduction Sourcing Strategies Inventory Management Software 79

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

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

Supply Chain Matters

APRIL 4, 2024

The deal reportedly will further enhance Oracle’s logistics software deployment capabilities across Europe. Gather AI Raises $17 Million in Series A Funding Computer vision and AI-powered warehouse inventory monitoring technology start-up Gather AI has announced $17 Million Series A-1 funding led by Bain Capital Ventures.

Supply Chain Design Software 40

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software 40

Freightos

JUNE 21, 2023

Blog " * " indicates required fields Email * More Resources Home June 21, 2023 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market.

Negotiating Skills 156

Negotiating Skills Panama Asia Cargo 156

ModusLink Corporation

JULY 15, 2022

in Europe, the rise of e-commerce is pressuring retailers, manufacturers, transport, warehouse and logistics companies to fulfil and deliver fast, in full, and meet high expectations for order status visibility, service and returns. Automatic inventory orders/updates for instance can save immense time when executed correctly.

Supply Chain Software 78

Supply Chain Software Trends Supply Chain Negotiate Pricing 78

Supply Chain Matters

AUGUST 4, 2022

Regarding ocean container freight rates, spot rates are noted as dropping across the board on both Asia-Europe and Asia-US The implication is that if spot rates drop way below contract rates, shippers will likely seek to renegotiate contract rates recently consummated earlier this year. and Europe.

Supply Chain Planning Software 52

Supply Chain Planning Software Global Supply Chain Planning Supply Chain Software 52

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

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. Backup sourcing options.

Supply Chain Planning 44

Supply Chain Planning Scenario Planning South Korea Manufacturing Procurement 44

Supply Chain Movement

MAY 13, 2015

China: from sourcing location to an end market. Rietdijk, SVP Global Sourcing – Vestas. What service levels can be realistically expected and how to manage reliability in such a fragment road freight market? Rietdijk, SVP Global Sourcing – Vestas. Freight forwarding specifics to China. 12:30 Lunch. 18:00 End.

China 60

China Optimal Sourcing Supply Chain Planning Software Supply Chain Optimization 60

BlueYonder

APRIL 19, 2022

The long-term effects could be devastating, including global food shortages and record levels of inflation, both in Europe and the United States. Two top European shippers — Maersk and DSV — have warned that freight costs will likely remain high well into 2022, adding to the global supply chain chaos.

Supply Chain Design Software 90

Supply Chain Design Software Supply Chain Optimization Supply Chain Software Supply Chain Design 90

Supply Chain Matters

JANUARY 10, 2023

2023 Prediction Three: More Direct Control in Strategic or Tactical Multi-tiered Direct Materials Sourcing will Continue to be a Prominent Element of Business Strategy for Chief Supply Chain or Chief Procurement Officer Efforts. . A published Future of Freight study sponsored by Deloitte in September 2022 indicated that U.S.

Predictive Analytics Software 52

Predictive Analytics Software Resource Reduction Cost Reduction Strategies Manufacturing Procurement 52

The Logistics of Logistics

OCTOBER 12, 2012

Chuck Intrieri is a: Certified Value Engineer (VE), Certified Purchasing Manager (CPM), Certified Production and Inventory Control Manager (CPIM), and is Lean Certified all of which attests to his deep understanding of operations and logistics beyond the confines of the purchasing function. Chuck Intrieri Education.

Manufacturing Procurement 100

Manufacturing Procurement Optimal Sourcing Negotiating Skills Purchasing Skills 100

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

Supply Chain Matters

APRIL 7, 2022

The World Container Index , assessed by Drewy Consultants, is a compilation of eight major shipping routes to and from the United States , Europe and Asia. The index that tracks ocean container movement from Asia to Western Europe increased to 116 days, reportedly a new record. Because of this, both Inventory Costs (91.0)

Global Transportation 52

Global Transportation Logistics Network Optimization Software Cost Reduction Strategies Global 52

Supply Chain Matters

MAY 23, 2022

The authors point to the delivery time disruptions occurring in China , an increase in air freight costs from the U.S. At this point the overall numbers suggest that the freight market is regressing back towards the mean.”. Warehouse inventory levels are noted as remaining quite high. points above April’s reading).

Supply Chain Optimization 59

Supply Chain Optimization Supply Chain Planning Software Supply Chain Software Supply Chain Strategy 59

NC State SCRC

OCTOBER 5, 2022

The EU economies will also be hit, especially Germany and Eastern Europe as we go into winter in 2022. Next year will see some positive growth but only 1.7%, reflecting slowing growth in the US in China and recession in Europe. The good news is that ocean freight rates will start trending down somewhat. growth, and only 3.1%

Conference 52

Conference Ukraine Global Purchasing Skills 52

Talking Logistics

JANUARY 20, 2017

Trucking Freight Brokers to Merge Under Private-Equity Deal (WSJ – sub. Japan firms shifting to trains to move freight amid dearth of new truckers (The Japan Times). November 2016 North American Freight Numbers. And here’s a flowchart that provides an example: Source: Amazon patent filing. Here in the U.S.,

Logistics Network Optimization Software 0

Logistics Network Optimization Software Supply Chain Network Software Optimization Software Optimal Sourcing 0

Supply Chain Matters

APRIL 14, 2023

Founded in 2000, German based Transporeon provides a digital freight platform the supports more than 1,200 shippers, 100 large retailers, and over 120,000 logistics services providers and carriers. It further helps in the ability to foster singular inventory management to support customer demand from both online and in-store buying channels.

Supply Chain Design Software 52

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Prescriptive Analytics Software 52

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. This live and predictive analytics platform filters through news sources (including Lloyd’s Maritime, CNN, and more), blogs, social media (ex.

Logistics Network Optimization Software 100

Logistics Network Optimization Software Analytics Software Predictive Analytics Software Forecasting Software 100

Supply Chain Matters

MARCH 23, 2022

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. Noted is that 2022 holiday season orders are being pulled forward to have inventory received at U.S.

Ukraine 52

Ukraine Kansas City Supply Chain Planning Software Supply Chain Strategy 52

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. Reducing lead times from suppliers can help turn inventory faster, freeing up cash and ultimately satisfying customers. These are three examples: Rule 3.1:

Waste Reduction 274

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

Logistics Viewpoints

APRIL 28, 2023

US homes 8 retailers keeping Earth Day alive through a commitment to sustainability Ground parcel delivery costs reached a record high in Q1, although pricing discounts from carriers softened the blow, according to the TD Cowen/AFS Freight Index. tractor fleet and sourcing 100 percent renewable energy by 2030, according to the press release.

Material Savings 202

Material Savings Purchasing Skills Logistics Network Optimization Software Logistics 202

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.

Report 52

Report Global Scenario Planning Forecasting 52

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. ” 3.

Optimal Sourcing 100

Optimal Sourcing Supply Chain Planning Software Sourcing Strategies Supply Chain Strategy 100

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

Material Savings Purchasing Skills Supply Chain Planning Software Manufacturing Procurement 207