SYSPRO Smarter ERP

NOVEMBER 30, 2021

labor, materials and warehousing, to IT, freight and safety. A Better Way to Forecast. Manufacturers can use forecasting to support inventory optimization. Gone are the days where you solely had to rely on your sales team creating wishful thinking forecasts. Managing Inventory.

Forecasting 105

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Supply Chain Game Changer

APRIL 15, 2022

Featuring Our Top 16 Articles on Freight and Logistics! Any successful business will take measures to forecast supply and demand for their products and services. Freight forecasting is a method of predicting what the freight market will do in the days, months, and years to come. The Job of a Freight Forecaster.

Modeling 90

Modeling Modeling Software Demand Planning Software Supply and Demand 90

GlobalTranz

MARCH 18, 2020

In early 2020, the market forecast for freight looked bright. The post What Are the Most Important 2020 Freight Metrics to Know? The post What Are the Most Important 2020 Freight Metrics to Know? The turmoil of the U.S.-China China trade war appeared at an end, and few disruptions were believed to cause issues in 2020.

Metrics 156

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Freightos

SEPTEMBER 8, 2020

And the lack of demand visibility is a big contributor to China-US ocean freight rates doubling to the West Coast since June, and passing $4,000/FEU to the East Coast – which was surprising as most analysts thought that rates and profits would freefall. Is ocean freight pricing broken? Was it profiteering? FREE SAMPLE REPORT.

Purchasing Skills 218

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The Logistics & Supply Chain Management Society

FEBRUARY 15, 2021

And the lack of demand visibility is a big contributor to China-US ocean freight rates doubling to the West Coast since June, and passing USD4,000/FEU to the East Coast – which was surprising as most analysts thought that rates and profits would freefall. Is ocean freight pricing broken? Are Ocean Freight Prices Absolutely Broken?

Purchasing Skills 217

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Logistics Bureau

AUGUST 30, 2022

Trent Morris has helped many of our clients over the last 2-3 years with their Ocean Freight challenges. Ocean Freight Tips. Freight-related articles have appeared throughout our website, check them out: Freight Benchmarking: What Is It? Why Containerised Freight Shipping is Daunting for SMEs.

Freight 83

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ThroughPut

SEPTEMBER 1, 2020

What is Logistics Forecasting? Logistics demand forecasting is the process of accurately anticipating the demand for products, services, and shipments throughout the supply chain. Why is Logistics Forecasting a Complex Process? Are you Forecasting Logistics Accurately? Demand Exception Management-.

Forecasting 52

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Logistics Bureau

MARCH 22, 2022

If you are new to buying road freight or to negotiating road freight rates, this will really help you. Related articles on this topic have appeared throughout our website, check them out: Why Containerised Freight Shipping is Daunting for SMEs. The Challenge of Freight Container Utilisation and Why it Matters.

Negotiating Skills 78

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Unleashed

OCTOBER 11, 2018

Demand forecasting is the process of estimating the number of products that customers will be willing to purchase in the future. It’s a crucial aspect for many companies and inherent in more reliable demand forecasting is demand planning. Are there limitations in warehouse space to consider?

Forecasting 58

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Logility

SEPTEMBER 19, 2023

There is a similar problem brewing beneath the surface right now, with the over-abundance of global freight containers and slowing demand of freight trucks. With the higher oil prices and softening demand for freight trucks, the high demand for freight containers across global and local supply chains is waning.

Supply Chain Planning Software 135

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The Logistics of Logistics

FEBRUARY 22, 2023

Brian is passionate about Freight Network Engineering, building relationships, continuous improvement, analytics, and taking a hands-on approach in working with clients and teammates to achieve win-win solutions. A solid shipper/carrier partnership characterized by collaboration, communication, and great relationships.

St. Louis 213

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Logistics Bureau

AUGUST 2, 2022

Understanding freight or trucking rates is vital in your supply chain. Because we still see many companies suffer the consequences of using the wrong freight rate. Related articles on this topic have appeared throughout our website, check them out: Freight Benchmarking: What Is It? 12 Smart Ways to Reduce Your Freight Costs.

Freight 71

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Logistics Viewpoints

AUGUST 18, 2022

Whether it’s for ocean freight, air, rail or truck, the fundamental issue with budgeting is that folks are called upon to assign accurate costs to transportation services that will be provided in the future. Today’s article comes from Emerge, and looks at how to create full truckload budgets in a volatile market.

Forecasting 215

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The Logistics of Logistics

OCTOBER 12, 2022

He led analysis around M&A, pricing sensitivity, competitive intelligence, and annual sales forecast for the executive team. FreightWaves is the leading freight intelligence provider, offering current digital intelligence and context to the freight community on a central platform. About FreightWaves. monthly impressions.

Analytics Software 182

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Logility

JULY 5, 2023

Here are 3 examples: Enhanced Demand Forecasting Accurate demand forecasting is the cornerstone of effective supply chain planning. By employing deep learning techniques, generative AI models can recognize patterns and correlations that may elude traditional forecasting methods.

Supply Chain Planning Software 191

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Operations and Supply Chain Management

OCTOBER 18, 2021

Forecasting Shipping Delays; Cargo Swamps Airports; Alibaba’s Challenge. Freight heavyweight J.B. Hunt’s third-quarter earnings signal a strong market for freight operators, but increasingly restrained economic forecasts suggest clouds on the horizon. View in web browser ›. By Paul Page. Photo: MARIO TAMA/GETTY IMAGES.

Forecasting 52

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Logistics Bureau

NOVEMBER 30, 2021

How can I reduce my freight costs? Related articles on this topic have appeared throughout our website, check them out: The Challenge of Freight Container Utilisation and Why it Matters. Container Freight Costs and Forecasting: Intrinsically Linked & Frustratingly Challenging. 3 Tips for Cargo Theft Prevention.

Cost Reduction Strategies 72

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RELEX Solutions

JULY 2, 2019

American Freight Furniture and Mattress , one of the fastest growing omni-channel furniture retailers in the US with over 160 stores, has selected RELEX Solutions to power its forecasting and replenishment technology. Implementation of this centralized RELEX tool will help us make better use of our data and improve our efficiency.”. “By

Forecasting 28

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ToolsGroup

JULY 25, 2023

In the wake of disruption, interest in probabilistic forecasting and ToolsGroup’s acclaimed solutions began skyrocketing, spurring the search for additional resources to support the company’s increasing scope. At the same time, Lãberit had begun expanding its consulting services to organizations throughout the supply chain sector.

ToolsGroup 156

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Elementum

AUGUST 29, 2017

Catch up on the effects and forecasts of Tropical Storm Harvey below: EFFECTS. Authorities forecast the winds brought by the storm to reach 185 kph or higher. According to analysis by freight research firm FTR Transportation Intelligence , Hurricane Harvey will strongly effect over 7% of U.S.

Forecasting 74

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Logistics Viewpoints

DECEMBER 16, 2022

Forecasts call for freight rate slumps in 2023. Freight rates on sea, air, and highway routes are on track to drop from their pandemic highpoints during 2023, according to a trio of forecasts released this week. On the water, ocean freight carriers set exceptionally high container rates during 2022.

Logistics Network Optimization Software 199

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ThroughPut

JUNE 17, 2022

Increased labor costs, declining freight rates, high demand for quick shipping with reduced bulk orders, skyrocketing carrier margins etc. are just some of the variables impacting logistics and freight operations globally. Making every mile count with AI-powered Freight Management Software – 5 Benefits.

Optimal Sourcing 52

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Supply Chain Game Changer

AUGUST 19, 2020

Do you have a Freight Management Strategy or are you Spinning your Wheels? Freight Consolidation article and permission to publish here provided by Adam Robinson at sonar.freightwaves.com. How can freight forecasting aid consolidation strategies? What is Freight Consolidation? Subscribe Here! Email Address.

Vendor Strategies 58

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Supply Chain Shaman

NOVEMBER 21, 2018

2) Forecast Value Added. Forecast Value-Added (FVA) is a measurement of demand management improvement. This measurement adds discipline to the forecasting process by comparing the error and bias of the forecast as compared to the Naïve Forecast. 3) Forecastability : A measurement of the ease of forecasting.

Supply Chain Planning Software 195

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Logistics Bureau

FEBRUARY 22, 2022

For the last 30 years or so, at Logistics Bureau , we’ve been helping companies reduce freight costs, and these are 7 of the most common areas to investigate. Related articles on this topic have appeared throughout our website, check them out: Why Containerised Freight Shipping is Daunting for SMEs.

Cost Reduction Strategies 52

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Vanguard Software

AUGUST 24, 2021

Faster modes of transportation, such as air freight–while often more expensive–allow for shorter delivery times and greater response flexibility. The post Five Supply Chain Drivers That Make or Break Your Forecasts appeared first on Vanguard Software. Transportation. Demand Planning Solution Brochure. Download Brochure.

Forecasting 52

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The Logistics of Logistics

FEBRUARY 4, 2022

Chris Pickett is the Lead Market Analyst and Founder of Pickett Research, LLC – an independent market research firm focused exclusively on the dynamics that drive US truckload freight rates. The next 3 bullet points are cut and pasted from the Picket Research website.

Price Reduction 184

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Logistics Viewpoints

SEPTEMBER 26, 2022

But SHIFEX, the freight forwarder rate index, recently recorded the lowest ocean freight rate between China and the port of Long Beach in 24 months —a rate of $3,500 to move a 40-foot container. It is difficult to forecast dropping demand. This is an 80% drop year on year drop.

Vendor Strategies 204

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Logistics Viewpoints

DECEMBER 1, 2023

million shoppers and the NRF’s forecast for about 182 million people during the five-day weekend. It also uses artificial intelligence to forecast daily demand for over 400 million products, predicting where in the world they are likely to be ordered. million km) using battery-electric vehicles hauling customer freight.

Logistics Network Optimization Software 230

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Logistics Viewpoints

JANUARY 11, 2023

billion globally, and I forecast it to grow to $9.9 Can Improving Forecast Accuracy Address Our Demand Planning Woes? If “the forecast is always wrong,” is improving forecast accuracy even the solution to our demand planning woes? Looking back, I estimated the market in 2013 at $6.4 billion in 2019. Well, I am saying it.

Logistics Network Optimization Software 215

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SCMDOJO

MARCH 27, 2024

That includes inventory tracking, order management, demand forecasting, and logistics planning. It encompasses a wide range of features from freight forwarding to brokerage. It focuses on predictive analytics for market demand forecasting and inventory management. Pros: Comprehensive solution for freight shipping needs.

Supply Chain Design Software 69

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ToolsGroup

APRIL 12, 2019

Too many companies get locked into traditional processes and a familiar vicious cycle: unable to reliably forecast an increasing number of SKU combinations, they load up on inventory to accommodate long-tail, erratic demand. It all starts with probability forecasting. percent, etc.,

Supply Chain Planning Software 227

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Stord

APRIL 2, 2020

April 3, 2020 Supply chains are scrambling to adapt to COVID-19, an unprecedented event that couldn’t be forecasted in demand planning. If you need help managing freight costs or securing freight services, contact us at [link]

Cost Reduction Strategies 78

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Supply Chain Matters

MAY 10, 2022

based Pilot Freight Services for a reported 47.1 Reporting on Maersk’s latest quarterly financial performance, Bloomberg noted that about 71 percent of the company’s container freight business is now locked into long-term contracts, an indication of less exposure to the volatility of spot market ocean freight rates.

Freight 52

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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

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Turvo

JUNE 12, 2020

Maintaining a freight broker business and helping it stand out from the crowd is more difficult than ever. Unfortunately, that does not always amount to spending money reasonably and maintaining control over freight spend. For those operating a freight broker business, the challenges are greater. Delays in paying carriers.

Analytics Software 53

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GlobalTranz

DECEMBER 21, 2020

For 2021, expect the Less Than Truckload (LTL) freight market to remain volatile due to the impact of COVID-19. The fourth quarter of 2020 gives us a glimpse into the freight market forecast for 2021. LTL shippers should start 2021 prepared for higher freight rates due to LTL capacity constraints. Be a shipper of choice.

Trends 156

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