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? It worked. .

Purchasing Skills 218

Purchasing Skills Price Reduction Freight Supply Chain Software 218

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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Unleashed

JANUARY 14, 2024

Manufacturing inventory management is crucial to the success and profitability of your manufacturing operations. This guide for manufacturers explains how it works and explores the most effective ways to manage inventory in manufacturing.

Inventory Management Software 52

Inventory Management Software Manufacturing Procurement Inventory Reduction Inventory Management 52

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? Was it profiteering? And it can be fixed.

Purchasing Skills 217

Purchasing Skills Price Reduction Freight Supply Chain Software 217

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. LTI has strong density and capabilities in the Midwest and select markets in Georgia, Eastern Pennsylvania, Texas, and Colorado.

St. Louis 213

St. Louis Forecasting Logistics Network Optimization Software Missouri 213

The Logistics of Logistics

OCTOBER 30, 2023

Over his 30+ year career in the supply chain, Richard has worked with manufacturers around the world in operations, supply chain, and lean strategy roles to develop systems that can manage complex supply chains on a global scale. Richard previously founded and led Factory Logic, Inc. acquired by SAP).

Optimal Sourcing 241

Optimal Sourcing Inventory Reduction Supply Chain Design Software Manufacturing Procurement 241

The Logistics of Logistics

OCTOBER 12, 2022

Anthony’s clients varied from construction, trucking, industrial, software, manufacturing, and retail industries. He led analysis around M&A, pricing sensitivity, competitive intelligence, and annual sales forecast for the executive team. Freightonomics is at the crossroads of economics and freight. About FreightWaves.

Analytics Software 182

Analytics Software Forecasting Software Logistics Network Optimization Software Supply Chain Software 182

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? Ask suppliers.

Forecasting 58

Forecasting Supply and Demand Forecasting Software Demand Planning Software 58

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

ToolsGroup Supply Chain Planning Software Supply Chain Software Forecasting Software 156

Logistics Viewpoints

FEBRUARY 2, 2024

percent drop in annual sales, UPS forecast a 2024 upswing of as little as 1.1 UPS is seeking alternative strategies for its truck brokerage business, which has seen sales plummet amid a freight recession marked by declining rates and over capacity. The shares fell as much as 7.6 percent in early U.S. After registering a 9.3

Cost Reduction Strategies 234

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

Logistics Viewpoints

DECEMBER 16, 2022

Forecasts call for freight rate slumps in 2023. The legislation, which is entitled the National Development Strategy and Coordination Act of 2022, would require Cabinet-level agencies to identify weaknesses in supply chains that could impact national security and domestic manufacturing. Amazon’s plan to kill the barcode.

Logistics Network Optimization Software 199

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QAD

FEBRUARY 25, 2020

While consumer products manufacturers previously led the way for sustainable manufacturing practices, a growing number of manufacturers in other sectors are treating sustainability as an important operational objective to increase global competitiveness. The Sustainability Movement in Business and Manufacturing.

Waste Reduction 145

Waste Reduction Cost Reduction Strategies Resource Reduction Inventory Reduction 145

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. This is an 80% drop year on year drop.

Vendor Strategies 204

Vendor Strategies Forecasting Long Beach Supply Chain 204

Supply Chain Shaman

NOVEMBER 21, 2018

Outsourcing–procurement, manufacturing and transportation– decreased visibility and increased data latency. 2) Forecast Value Added. Forecast Value-Added (FVA) is a measurement of demand management improvement. 3) Forecastability : A measurement of the ease of forecasting. Reference Figure 1.

Supply Chain Planning Software 195

Supply Chain Planning Software Forecasting Software Supply Chain Planning Demand Planning Software 195

SYSPRO Smarter ERP

MARCH 31, 2022

It’s premature to know at this stage what the full impact will be on our economies and supply chains, but we can expect more delays of supply of imported inventory, food, and component parts, due to reduced or rescheduled air and sea freight. The post How manufacturers can respond to supply chain disruptions appeared first on SYSPRO Blog.

Manufacturing Procurement 105

Manufacturing Procurement Supply Chain Disruption Supply Chain Design Software Supply Chain Planning Software 105

Vanguard Software

AUGUST 24, 2021

To achieve a responsive supply chain, ensure your factories have excess capacity and use flexible manufacturing techniques to produce a wide range of items. Faster modes of transportation, such as air freight–while often more expensive–allow for shorter delivery times and greater response flexibility. Scenario Planning During COVID-19.

Forecasting 52

Forecasting Modeling Supply Chain Planning Software Forecasting Software 52

Logistics Viewpoints

OCTOBER 31, 2022

Among other things, ZF manufactures electrified powertrains, car chassis technology, active and passive safety systems, and advanced driver assistance systems. ZF offers product and software solutions for established vehicle manufacturers and newly emerging transport and mobility service providers. The ZF supply chain is complex.

Agile and Lean Supply Chain 197

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

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

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Modeling 227

Unleashed

MAY 7, 2023

With the right systems in place, manufacturing inventory management can help to reduce production and ensure all operational processes are carried out effectively and efficiently. In this guide, we cover the types of manufacturing inventory, the costs, and a few handy strategies for managing it effectively.

Manufacturing Procurement 52

Manufacturing Procurement Inventory Reduction Material Savings Inventory 52

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. Use demand modeling to fine-tune demand forecasts. One US-based ToolsGroup manufacturing customer sources parts from several Chinese and Italian suppliers.

Supply Chain Planning Software 215

Supply Chain Planning Software Modeling Scenario Planning Supply Chain Planning 215

AIMMS

OCTOBER 17, 2023

Efficient inventory management Demand Forecasting: Use demand analytics to predict demand more accurately, thus reducing overstocking or stockouts. See how a manufacturing giant revamped their demand planning with AIMMS. Here are a few recommendations we’ve seen in practice.

Optimal Sourcing 156

Optimal Sourcing Supply Chain Planning Software Modeling Waste Reduction 156

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

Freight Forecasting Russia Logistics Network Optimization Software 52

The Logistics & Supply Chain Management Society

DECEMBER 21, 2021

IDC expects spending on Digital Transformation (DX) on the top 5 use cases – smart warehousing, freight management, optimized operations, supplier network management, and predictive network inventory orchestration – to hit USD $33Bn in 2022. The COVID-19 pandemic has been global, with no country or organization immune from its impact.

Predictive Analytics Software 246

Predictive Analytics Software Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 246

Zipline Logistics

JUNE 8, 2021

As demand for freight services continues to mount, the supply side is having difficulty meeting the needs of shippers. This imbalance has left CPG brands feeling the pinch as more volume enters the freight market than can be reasonably transported. However, a driver shortage is nothing new to the freight market.

Freight 91

Freight Forecasting Logistics Network Optimization Software Agile and Lean Supply Chain 91

AFFLINK

AUGUST 17, 2022

Automation in manufacturing can help be the driving force to lift some of the burden felt by many distributors across the globe. Unpredictable Consumer Demand Trends Traditionally, organizations got away with loose forecasting and just-in-time (JIT) inventory management to match production to consumer demands.

Manufacturing Procurement 62

Manufacturing Procurement Supply Chain Software Optimal Sourcing Demand Planning Software 62

Supply Chain Matters

MAY 22, 2023

freight and logistics industry continues to mitigate recessionary conditions including the April 2023 Logistics Manager Index reaching its lowest level lowest level in six years and one-half years. freight, logistics and parcel movement industry. Freight rate reportedly fell 37 percent. The LMI has now declined 6.7

Negotiating Skills 52

Negotiating Skills Inventory Reduction Cost Reduction Strategies Price Reduction 52

Tompkins Blog

JANUARY 13, 2014

Many people who work in supply chains are familiar with the old saying, “The forecast is always wrong.”. In fact, accurately forecasting customer demand—neither over-forecasting nor under-forecasting—matters in many ways for every manufacturer, wholesale distributor, and retailer.

Forecasting 45

Forecasting Forecasting Software Demand Planning Software Supply and Demand 45

Unleashed

JANUARY 3, 2023

As a manufacturer, a lot of businesses and customers rely on you to get things done on time. So, let’s break down how to improve cash flow in a manufacturing business and look at the various cash flow challenges faced by manufacturers around the world. But first you have to get in the green.

Manufacturing Procurement 96

Manufacturing Procurement Material Savings Expense Reduction Inventory Reduction 96

GlobalTranz

FEBRUARY 20, 2015

As a freight broker , you know the importance of staying ahead of trends in your business. 2014 was a dynamic year for shipping and freight, and 2015 might present us with some surprising changes as well. One month in, here are our predictions for freight brokers in 2015: Manufacturing Comes Home.

Freight 120

Freight Supply Chain Software Predictive Analytics Software Supply Chain Planning Software 120

QAD

FEBRUARY 20, 2024

The Causes of Stock Loss Sources of stock loss can include: Incorrect part movement Scrap with parts being dropped and damaged Shipping inaccuracy from warehouses and suppliers Manual mistakes in the processes Supplier performance Inaccurate forecasting Split shipments can also cause issues. Potential issues include delayed production runs.

Manufacturing Procurement 96

Manufacturing Procurement How To Material Savings Supply Chain Design Software 96

Locus Robotics

MARCH 9, 2023

By Geoff Whiting, Senior Writer, Red Stag Fulfillment Applying automation and artificial intelligence (AI) to supply chain management is an excellent way for manufacturers to increase the accuracy, speed, and efficiency of operations. AI and ML can be applied to inventory management, demand forecasting, freight route planning, and much more.

Supply Chain Software 52

Supply Chain Software Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software 52

Supply Chain Shaman

SEPTEMBER 10, 2020

For years Campbells strove to grow the soup category only to lose share in the soup category due to limited manufacturing capacity for the Swanson’s brand. Today, the bellies of the airplanes are full, and the cost of air freight is too high for many manufacturers. Sales are up 12%. Supply is the challenge.

Supply Chain Planning Software 395

Supply Chain Planning Software Supply and Demand Supply Chain Design Software Supply Chain Software 395

Elementum

AUGUST 29, 2022

Communication Breakdowns The supply chain can spread across countless parties–from growers to pickers, stockists to manufacturers, and raw food producers to brand packaging plants–and that’s before a product gets anywhere near a shelf. The post Food Supply Chain Issues appeared first on Elementum.

Supply Chain Planning Software 146

Supply Chain Planning Software Food Supply Chain Software Waste Reduction 146

The Logistics & Supply Chain Management Society

APRIL 19, 2023

Major Trends: Volatile Production, Capacity Crisis & The Need for EV Automotive manufacturing is experiencing a huge global transformation compared to the past. 2023 Outlook for Vehicle Exports and Global Ocean Freight With COVID-19 regulations relaxing worldwide, both car production and the consumer demand for new vehicles is surging.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain Trends Modeling Supply Chain Software 130

Supply Chain Shaman

FEBRUARY 16, 2024

” I believe that the focus should be improving reliability (Forecast Value Added (FVA), first pass tender and yield, and manufacturing schedule adherence) while decreasing process, demand, and data latency. I say, “Let’s get busy redefining work. Why do we need hundreds and thousands of planners?”

Supply Chain Planning Software 374

Supply Chain Planning Software Supply Chain Design Software Modeling Supply and Demand 374

GlobalTranz

MARCH 26, 2015

Are you up-to-date with the latest events in freight shipping and logistics? As you know, the atmosphere for freight brokers is only getting more competitive. Staying current in the world of shipping and freight also takes strong networking and communication. 7 of the Best Freight Shipping Events to Attend in 2015.

Freight 120

Freight Shipping Conference Illinois 120

The Logistics & Supply Chain Management Society

NOVEMBER 22, 2022

Where usually all beer manufactured in Singapore is made using imported raw materials, this model of brewing would completely eliminate that need for beer making imports. Linking manufacturers and other industries together into a circular economy ecosystem is still a struggle in this digitally connected time. MORE FROM THIS EDITION.

Manufacturing Procurement 245

Manufacturing Procurement Material Savings Singapore Waste Reduction 245