Logistics Viewpoints

JANUARY 22, 2024

It is commonly believed that Europe leads the US in environmental, social, and governance legislation and enforcement. They can also order online and have goods shipped to their home. Historically, an OOM has access to all the company’s inventory. A customer can of course buy goods in a store.

Supply Chain Optimization 233

Supply Chain Optimization Modeling Supply Chain Software Optimization Software 233

Freightos

JANUARY 15, 2024

For example, the Freightos Baltic Index indicates a 69% increase to North America’s East Coast and a staggering 226% to Northern Europe since the crisis began. This optimism is buoyed by the fact that 55% of importers have their inventories in check, anticipating a stronger freight demand in the coming year.

Negotiating Skills 290

Negotiating Skills Optimal Sourcing Price Reduction Vendor Strategies 290

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

Inventory Reduction Inventory Inventory Management Software Forecasting Software 52

Supply Chain Shaman

SEPTEMBER 5, 2022

COVID is far from over and food instability, coupled with drought, is driving migration from Sudan to Europe. Inventory Is an Egregious Symptom of Supply Chains Gone Wrong. Today, inventory fire sales abound. Headline news included Wal-Mart, Target, Kohl’s and Macy’s struggling with inventory bloat and offering deep discounts.

Supply Chain Planning Software 235

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Supply Chain Strategy 235

ShipBob

NOVEMBER 29, 2023

These physically unaccounted-for units of inventory called ghost inventory, or phantom inventory , are a more common challenge faced by retailers than you think. Often, the items accounted for in the asset register do not reconcile with what is in the inventory. What is ghost inventory?

Purchasing Skills 52

Purchasing Skills Inventory Inventory Management Software Forecasting Software 52

Logistics Viewpoints

FEBRUARY 2, 2024

Soft demand in Europe and the US led to an overall decline of 7.5 Amazon achieved its fastest-ever global shipping times last year but isn’t resting on its laurels. While I like his optimism, I’ll believe it when I see it. And now on to this week’s logistics news. The shares fell as much as 7.6 percent in early U.S.

Cost Reduction Strategies 234

Cost Reduction Strategies Inventory Reduction Logistics Network Optimization Software Manufacturing Procurement 234

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

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

Logistics Viewpoints

JUNE 20, 2022

Goods move through 25 ports of entry into North America and 10 in Europe, the Middle East, and Africa. There will be one view of inventory across the entire distributed network.”. The old product development process involved shipping prototypes back and forth. The company works with 13 ocean carriers and 7 air carriers.

Agile and Lean Supply Chain 211

Agile and Lean Supply Chain Supply Chain Planning Software Manufacturing Procurement Supply Chain Software 211

Unleashed

SEPTEMBER 7, 2021

In this guide to barcodes in inventory management: In order to apply barcodes to inventory management, it is important to understand the basics of the barcode system. Hence, some companies will find corded barcode scanners to be all they need, where other companies require wireless scanners to support their online inventory management.

Inventory Management Software 96

Inventory Management Software Inventory Management Inventory Reduction Inventory 96

BlueYonder

JUNE 16, 2022

In his recent blog , Anmol Khurana discussed the immediate effects of the Russia-Ukraine conflict for companies shipping products in and out of the region. While Russian cargo sits on loading docks and ships, waiting to be inspected and rerouted, throughput levels are down across Europe — with noticeable effects on product availability.

Inventory Management Software 52

Inventory Management Software Inventory Management Inventory Reduction Optimal Sourcing 52

CH Robinson Transportfolio

JULY 19, 2020

Less than container load (LCL) shipping is rapidly becoming a go-to service option for businesses seeking help in a complex global logistics industry. As COVID-19 affected businesses around the world, the need for expedited LCL shipping grew significantly. The right level of LCL shipping expertise. Reduced costs.

Material Savings 44

Material Savings Cost Reduction Strategies Inventory Reduction Shipping 44

EMERGE App

FEBRUARY 22, 2019

And we pick the most cost effective means of shipping. But while the newly arrived goods sit in your warehouse, did you know that there are also costs associated with keeping inventory? They are collectively called inventory carrying costs because they need to be paid to hold inventory. What is Inventory Carrying Cost?

Inventory Reduction 75

Inventory Reduction Cost Reduction Strategies Purchasing Skills Inventory 75

Jaggaer

APRIL 14, 2020

And of course, the problem is acute right across Europe. Goods will be arriving in ships but many of them will have nowhere to go so long as many retail outlets are shut, We will see how well the logistics industry copes in a few weeks’ time, but companies such as Maersk remain confident. Reshoring does not bring certainty of supply.

Supply Chain Disruption 52

Supply Chain Disruption Europe Cost Reduction Strategies Material Savings 52

BlueYonder

JULY 26, 2022

How can retailers connect the two, so that inventory is optimally located for that final leg of the journey? Linking demand and fulfillment with inventory planning remains an underexplored advantage that will help combat consumer expectations that span not just speed and convenience, but sustainability too. In the U.S.,

Modeling 62

Modeling Supply Chain Planning Software Optimization Software Optimization Modeling 62

Logility

MARCH 29, 2022

Manufacturers and shipping companies assumed that because of layoffs, demand would drop. This then led to … A shipping container shortage: Containers piled up across the world once they were emptied. Ports became overwhelmed: Orders outstripped available containers, which caused the cost of a shipping container to skyrocket.

Supply Chain Planning Software 130

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

Logistics Viewpoints

JUNE 1, 2023

As we’ve seen over the past few years, businesses will keep automating and integrating supply chain planning capabilities, including demand-sensing, dynamic safety-stock management, inventory optimization, and external collaboration. They are more likely to shop for discounts and sales and may delay purchases of some items.

Supply Chain Planning Software 192

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Software 192

Logistics Viewpoints

JUNE 26, 2023

The company chose 4Flow to do transportation planning and execution in Europe. For the largest retailers, short shipping results in fines and penalties. “I’ll The algorithms generate recommendations on optimal ways to rebalance inventory based on cost and service level impacts. The change management was difficult.”

Supply Chain Planning Software 207

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

Logistics Viewpoints

SEPTEMBER 29, 2022

A centralized structure could provide standardization benefits that could deliver efficiencies through bulk purchasing, broader understanding of materials requirements, and more effective shipping practices. They identified a multimillion-dollar opportunity to reduce costs through more efficient shipping.

Supply Chain Transformation 242

Supply Chain Transformation Network Optimization Supply Chain Network Software Optimal Sourcing 242

Logistics Viewpoints

OCTOBER 31, 2022

When the supplier has produced the goods, they send an advanced ship notice (ASN) to ZF via SupplyOn. Which ship are the components being shipped on. After 14 weeks the ship will arrive, customs clearance and post-carriage will be done and we will get our parts.” Or do we need to ship this by air?”

Agile and Lean Supply Chain 197

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

BlueYonder

MAY 14, 2021

Rising demand in North America and Europe led to increased freight moving on the Suez and Pacific routes, which meant more full containers inbound versus outbound, leading to global container shortages. Historically, inventory was always to blame for higher holding costs and led to companies wanting to run a lean supply chain.

Cost Reduction Strategies 52

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

SCMDOJO

APRIL 15, 2024

Prime Membership: Amazon Prime – Subscription service offering benefits such as free two-day shipping, access to Prime Video, Prime Music, and exclusive deals. With a wide array of products stored in its fulfillment centers, Amazon can consolidate orders and optimize its inventory management systems.

Logistics Network Optimization Software 79

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

Enterra Insights

JUNE 28, 2023

His detailed written record paved the way for future traders and merchants traveling between Europe and China. By 1956, the first container ship sailed from the port of New Jersey to Texas. That includes packaging, warehousing, shipping, and more. Just 14 years later, the first air cargo flight took place in 1910.

Logistics Network Optimization Software 130

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

Supply Chain Shaman

AUGUST 24, 2020

Phone calls to Europe or Asia were costly and of poor quality. By the early 2000s, phone calls to Europe from my cell were expensive but manageable. Like a rocket ship traveling to Mars, a new press release popped into my email each day. A portal is an information dead-end street. Here are some rules of thumb: 1.

Supply Chain Network Software 326

Supply Chain Network Software Manufacturing Procurement Purchasing Skills Procurement Solutions 326

Supply Chain Shaman

OCTOBER 13, 2022

While shipping craziness is abating, the issues and implications of the Russian-Ukrainian war, energy shortages in China and Europe, food instability in Africa, and the global water crisis reverberate as disruption after disruption in the supply chain. Inventories increased by 44% due to supply chain volatility. See the pattern?

Supply Chain Planning Software 217

Supply Chain Planning Software Modeling Supply and Demand Supply Chain Software 217

Logistics Viewpoints

JUNE 30, 2022

With our supply chains clogged and retail inventories piling up, we have a situation wherein the huge imbalances between demand and supply at the product mix level can have an adverse impact on product availability for B2B and B2C companies alike, especially as we start heading to the holiday season. Not really. in October 2021. A ratio of 1.5

Supply Chain Planning Software 216

Supply Chain Planning Software Supply Chain Design Software Modeling Supply Chain Software 216

Logistics Viewpoints

JULY 9, 2021

Restaurants, bars find suppliers’ inventories are running dry. Container shipping prices skyrocket. The average price world-wide to ship a 40-foot container has more than quadrupled from a year ago, to $8,399 as of July 1, according to a global pricing index by London-based Drewry Shipping Consultants Ltd.

Logistics Network Optimization Software 165

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Supply Chain Shaman

DECEMBER 28, 2020

Only four percent of companies compared to their peer groups improved balance sheet performance of growth, operating margin, and inventory turns. When compared to pre-recession years, we ended the decade with twenty more days of inventory. Days of Inventory Comparison. Now, let’s take consumer products.

Supply Chain Planning Software 411

Supply Chain Planning Software Forecasting Forecasting Software Modeling 411

Logistics Viewpoints

OCTOBER 29, 2021

In a blog post, Amazon said a combination of planes, trucks, ships, and delivery vans, along with staffed-up warehouses, has put it in a good position to “get customers what they want, when they want it, wherever they are this holiday season.” Amazon is clearly not the only company making plans for the upcoming holiday season.

Logistics Network Optimization Software 191

Logistics Network Optimization Software Supply Chain Planning Software Logistics Supply Chain Design Software 191

The Logistics & Supply Chain Management Society

AUGUST 19, 2022

are reporting that they are being inundated with requests from importers seeking to use provisions such as the “321 de minimis” rule, which allows goods worth less than $800 to be shipped to the U.S. Many companies buy forward inventory ahead of tariffs being implemented. For instance, law firms and consultants in the U.S.

Cost Reduction Strategies 245

Cost Reduction Strategies Material Savings Inventory Reduction Vendor Strategies 245

The Logistics & Supply Chain Management Society

JULY 16, 2023

The areas that will be deliberated in future articles are ocean shipping market landscape, freight procurement, reliability & visibility and the competitive landscape. Supply chain visibility provides the ability to view and track inventory at product level across all modes from raw materials to finished goods at the customers door.

Risk Management 130

Risk Management Global Price Reduction Inventory Reduction 130

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

Herlitz Inventory Management

JANUARY 18, 2023

It helps ensure they will have adequate inventory available to meet future demand and avoid stockouts. Forecasting inventory is simple in theory, but difficult in practice. Purchasing and inventory management systems help buyers create more accurate forecasts. The best inventory management systems have a proven track record.

Forecasting 52

Forecasting Forecasting Software Demand Planning Software Procurement Solutions 52

Supply Chain Game Changer

OCTOBER 26, 2021

The fallout from the global pandemic persists and shipping delays are rampant. Retailers should have had their goods by now yet for some their inventory hasn’t even left the country of manufacture. What are the options for Retailers to circumvent these logistics delays and get their inventory on hand in time for Holiday sales?

Los Angeles 93

Los Angeles Retail Logistics Network Optimization Software Logistics 93

Logistics Viewpoints

JANUARY 12, 2023

” E2E also means being able to see things when they are not in transit, such as raw materials upstream, inventory in a warehouse or yard, products in retail outlets, or shipments stuck in customs. Data on ocean shipments, for example, is generally available across the globe, due primarily to greater standardization in ocean shipping.

Supply Chain Planning Software 191

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

Freightos

NOVEMBER 11, 2021

For a forwarder, refraining from working with Maersk today is expensive because it removes 17% of global shipping capacity. For a company like Amazon, 2021 underscores the importance of owning middle-mile capabilities to ensure resilient inventories. Enter Big Tech. The difference… and the looming carrier threat.

Price Reduction 177

Price Reduction Logistics Network Optimization Software Cost Reduction Strategies Expense Reduction 177

Supply Chain Matters

APRIL 7, 2022

Global Shipping. 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. Shipping Transit Timeliness. The Flexport Ocean Timeliness Indicator tracks average ocean container shipping transit times. US Logistics Index.

Global Transportation 52

Global Transportation Logistics Network Optimization Software Cost Reduction Strategies Global 52

QAD

MARCH 31, 2020

Machines can’t be built and shipped without having the right parts in inventory , but at the same time, keeping parts on the shelf consumes space and cash. Manage consignment inventory. Dealing with suppliers in Europe, Asia and North America from their Southern Hemisphere location, this was particularly appealing.

Manufacturing Procurement 118

Manufacturing Procurement Procurement Solutions Optimal Sourcing Procurement 118