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2021 Logistics Outlook: LTL Industry Trends

GlobalTranz

Many LTL industry trends, such as capacity constraints , rising rates, and changing consumer buying patterns, will continue through 2021. Let’s look at top LTL industry trends for 2021. Four LTL Industry Trends Shippers Should Prepare For in 2021. E-commerce sales boomed in categories such as groceries and retail.

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Editor’s Choice: 8 Supply Chain Planning Challenges Retailers Will Face In 2022 And Tips To Overcome Them

Logistics Viewpoints

Changing trends in lifestyle and impacts on fashion retail. this experience has changed how we dress and exercise. We stopped going to the gyms and favored outdoor activities or at-home exercises. We stopped going to the gyms and favored outdoor activities or at-home exercises.

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The Onshoring, Reshoring, and Nearshoring Strategies Calm Supply Chain Chaos

Logility

Whatever the rationale, this trend – which includes onshoring, reshoring and nearshoring – offers enticing tradeoffs. This exercise, called network design optimization , helps rethink the supply chain based on multiple variables, including customer demand, demographic trends, labor availability, supply availability, and regional markets.

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Scenario Planning: Predict What-Ifs and Disrupt Them with Integrated, Continuous Planning

Logility

Dramatic shifts are happening too quickly to reserve strategic planning as a traditionally annual exercise. Technologies that automate and accelerate the entire exercise help ensure forecasting and decision-making are flexible, nuanced, and responsive enough to allow the company to move forward rapidly.

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Turn a Good Demand Forecast into the Optimum Inventory Plan

ToolsGroup

And, from my findings working in the supply chain industry for 30 years with over 1,000 clients, the forecast foundation should handle slow, lumpy, long tail, seasonal, trending, promotional, causal, and new items. Planning becomes a modelling exercise, not a guessing game. Can your demand forecasting system answer, “what if?”.

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Flexibility in the Face of Uncertainty

Freightos

Most recently, the recent disruptions in the Red Sea that saw ocean freight rates from China to Europe by over 190% and saw transit times lengthen, sea-air services offered a strategic advantage for logistics professionals able to remain agile, by watching trends and jumping at opportunities to ensure a resilient supply chain.

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Inventory Strategies: Evaluating Constant Disruptions

Logility

Routine firefighting of inventory issues is a symptom of inventory strategies treated as a once-a-year exercise. They want to know the trends, tools, and lessons learned that could be incorporated into their inventory strategies. Supply chain transformation starts with a clear blueprint There are many trends in supply chain management.