The Logistics & Supply Chain Management Society

FEBRUARY 15, 2021

Special thanks to Lars Jensen, CEO at Sea Intelligence Consulting and Zvi Schreiber, CEO of Freightos Group for their input and insights for this report. It’s hard to predict what demand will be like for products like these ahead of time. Is ocean freight pricing broken? S hipping containers are like scotch. Was it profiteering?

Purchasing Skills 217

Purchasing Skills Price Reduction Freight Supply Chain Software 217

ToolsGroup

AUGUST 1, 2022

Retail returns occur when a customer returns the purchased items to a seller in exchange for a refund, store credit, or a similar product. Returns come with plenty of challenges around logistics, inventory, and predicting volatile sales trends. 83% of consumers with a household income of over $100,000 report that returns are important.

Retail 296

Retail Optimal Sourcing Purchasing Skills Procurement Solutions 296

GlobalTranz

FEBRUARY 4, 2019

The application of data can help shippers gain control of shipping costs and make informed decisions, and the top freight data trends for 2019 exemplify how the use of a transportation management system (TMS) can further this cause. As omnichannel shopping becomes the standard for consumers, the use of freight data will excel.

Supply Chain Planning Software 120

Supply Chain Planning Software Inventory Management Software Analytics Software Forecasting Software 120

The Logistics & Supply Chain Management Society

FEBRUARY 15, 2021

IoT supports operational efficiencies in areas such as asset tracking, inventory management and forecasting, improving productivity and aiding decision-making across the supply chain. Thanks to AI, companies can automate functions such as demand forecasting, capacity and production planning and predictive maintenance.

Supply Chain Planning Software 298

Supply Chain Planning Software Supply Chain Software Prescriptive Analytics Software Predictive Analytics Software 298

Supply Chain Shaman

DECEMBER 30, 2021

Global shipping is national news with most stories covering the symptoms. Freight Rates 2019-2021. As a result, companies plug along planning based on historic lead times and freight rates which as you can imagine is doomed for failure. meters, to accommodate ships with 20 rows of containers) and 15.2 Variability abounds.

Supply Chain Design Software 424

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 424

The Logistics & Supply Chain Management Society

APRIL 26, 2022

As of January 1, 2022, it was taking a company an average of 73 days to deliver goods to truck or rail carriers after booking with an ocean carrier and completing the cross-ocean journey, according to E2open’s Ocean Shipping Index. In fact, global freight rates have increased tenfold since the start of the pandemic.

Supply Chain Planning Software 246

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 246

Logistics Viewpoints

OCTOBER 31, 2022

ZF transforms those purchased products into over 2,000 products. MSCN solutions provide supply chain visibility, network-based applications, and network analytics. ZF sends the call-off, along with the forecast, not just to their suppliers, but to their carriers and 3PLs. Which ship are the components being shipped on.

Agile and Lean Supply Chain 197

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

Logistics Viewpoints

DECEMBER 16, 2022

Forecasts call for freight rate slumps in 2023. The legislation would give the Treasury Department’s Federal Financing Bank $20 billion to be invested over the course of 10 years to take action on the recommendations using loan guarantees, issuing securities-backed financing or purchasing debt. Amazon’s plan to kill the barcode.

Logistics Network Optimization Software 199

Logistics Network Optimization Software Costa Rica Logistics Forecasting 199

Logistics Viewpoints

DECEMBER 8, 2022

When it comes to executing mode-specific freight moves from origin to destination efficiently, reliably, and cost-effectively, transportation execution and visibility solutions play a critical role. The company is focused on ocean shipping. FedEx Corp. million daily shipments. Infor Nexus.

Rail Software 188

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

Elementum

JUNE 30, 2022

Welcome to Elementum’s Supply Chain Market Report. Supply Chain Market Report – July 2022 This edition will cover: The signs of looming stagflation How executives can prepare their supply chains The imminent problem of staffing shortages The latest use of drones in supply chain Notable changes in the leadership ranks.

Procurement Analytics 78

Procurement Analytics Supply Chain Design Software Supply Chain Software Supply Chain Planning Software 78

ThroughPut

FEBRUARY 23, 2024

A report by McKinsey shows that early adopters of AI in the supply chain have improved their inventory levels by 35%, reduced logistics costs by 15%, and enhanced service levels by 65%, vis-a-vis competitors who were slow to embrace AI. With rapid fluctuations and uncertainty, predicting customer demand is like shooting in the dark.

Predictive Analytics Software 59

Predictive Analytics Software Supply Chain Planning Software Optimal Sourcing Predictive Analytics 59

The Logistics & Supply Chain Management Society

AUGUST 20, 2020

Organisations that have successfully implemented RPA initiatives report cost savings of up to 80% and time savings of up to a staggering 40%. Procurement. Procurement can also have RPA do dynamic searches of websites to source or conduct market research for future buys and tenders. Purchase Order Management.

Supply Chain Software 246

Supply Chain Software Supply Chain Planning Software Optimal Sourcing Agile and Lean Supply Chain 246

Zipline Logistics

DECEMBER 22, 2020

But with freight conditions like those we have seen throughout most of 2020, building in additional lead time is an even more essential piece of your logistics operational puzzle. percent reporting LTL transit times had been extended by one or two days, and another 16.4 What Is Shipping Lead Time? Efficiency improvements.

Freight 52

Freight Cost Reduction Strategies Shipping Price Reduction 52

Logistics Viewpoints

MARCH 6, 2023

GEON Performance Solutions purchases plastic pellets and add plastic compounders to make products of different strength, resilience, and flexibility. At a high level, what GEON does is purchase plastic pellets and add plastic compounders to make products of different strength, resilience, and flexibility.

Supply Chain Planning Software 235

Supply Chain Planning Software Supply Chain Transformation Modeling Scenario Planning 235

ToolsGroup

APRIL 1, 2022

Increased Shipping Costs, Delays, and Transportation Issues. Dealing with the Shipping Container Crisis. 82% of people have concerns that the supply chain will ruin life plans, such as birthdays, vacations, holidays, and the purchasing of necessary items. Increased Prices Resulting from Shortages and Supply Chain Issues.

Material Savings 207

Material Savings Purchasing Skills Supply Chain Planning Software Manufacturing Procurement 207

SupplyPike

APRIL 10, 2020

Learn how to: Keep your logistics on time and prepared Maintain your replenishment goals Properly forecast and redefine your demand plan Use technology to help. Suppliers are also seeing issues with shipping companies being overwhelmed. You should also check your event forecast frequently, multiple times per week preferably.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Supply and Demand 98

Unleashed

DECEMBER 6, 2021

We’ve identified 6 important categories that wholesaling features fall under: Inventory management Supply chain Customer orders Warehouse management Data and analytics Key software integrations And within these categories, we give you 17 features to look for – and why they’re important. Inventory management 1.

Inventory Management Software 98

Inventory Management Software Supply Chain Design Software Supply Chain Planning Software Analytics Software 98

Unleashed

JUNE 23, 2021

Inventory analytics goes mainstream. Inventory forecasting. Accurately plotting costs based on live data. Improving efficiencies with data analytics. Connect IoT tech to your cloud software to input critical real-time data to analytics and other business systems. Cloud technology accelerates. Warehouse automation.

Inventory Management Software 80

Inventory Management Software Inventory Reduction Inventory Management Supply Chain Planning Software 80

Supply Chain Shaman

DECEMBER 30, 2021

Global shipping is national news with most stories covering the symptoms. Returning containers is an ongoing issue resulting in some manufacturers investigating a return to break-bulk shipping (container free). Not only did the cost increase, but variability tripled. Freight Rates 2019-2021. So what you might say?

Supply Chain Design Software 195

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 195

Enterra Insights

SEPTEMBER 14, 2023

She explains, “The good news is that in all the recently published forecasts, economists are much more optimistic than they were. ”[1] Journalist Paul Berger reports that supply chain indicators confirm this holiday season’s sales could be mediocre. Feuer reports, “Customers are responding to deep discounts.”

Supply Chain Planning Software 130

Supply Chain Planning Software Procurement Analytics Predictive Analytics Software Journal 130

Locus

APRIL 13, 2023

With the UAE market having nearly 100% of the population with smartphone access, the Dubai Chamber of Commerce and Industry forecasts e-commerce to generate $8 billion in sales by 2025. ClickPost ClickPost is an integrated logistics platform that helps businesses improve their post-purchase delivery experience.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Optimization Software Analytics Software Supply Chain Planning Software 52

Enterra Insights

FEBRUARY 13, 2019

Machine learning is providing the needed algorithms, applications, and frameworks to bring greater predictive accuracy and value to enterprises’ data sets and contributing to diverse strategies succeeding.”[1] Machine learning can prove useful all along the supply chain from procurement to production to marketing to after sales support.

Optimal Sourcing 124

Optimal Sourcing Columbus Procurement Analytics Predictive Analytics 124

GlobalTranz

JULY 10, 2015

On June 23, 2015, the Council of Supply Chain Management Professionals ( CSCMP ) released the “State of Logistics Report,” which happens to be in its 26 th year. For members of the CSCMP , the cost of the report is free, but it stands out at $295.00 percent; although, air freight demand held a $968 billion high volume of items.

Procurement Analytics 120

Procurement Analytics Report Logistics Cost Reduction Strategies 120

Unleashed

JANUARY 14, 2024

It refers to the process of purchasing, storing, and tracking the various goods required to build a product. This includes key activities such as the forecasting, ordering, receipt, storage, and auditing of inventory items. Align the production schedule with the demand forecast and customer orders.

Inventory Management Software 52

Inventory Management Software Manufacturing Procurement Inventory Reduction Inventory Management 52

Supply Chain View from the Field

DECEMBER 16, 2013

I’ve had the good fortune to be presented with opportunities for compelling discussions with a significant group of leading thinkers, senior executives in procurement, logistics, and technology management over this past year. Not surprisingly, analytics is at the top of the list.

Predictive Analytics 117

Predictive Analytics Analytics Software Procurement Analytics Supply Chain Design Software 117

Intelligent Audit

SEPTEMBER 24, 2021

Ongoing pressure to increase shipping volume and speed has once again led another major carrier—FedEx—to implement new shipping rate increases for 2022. What New Shipping Rate Surcharges Will Take Effect? FedEx Express shipping rates will increase approximately 5.95% on average across U.S. domestic, U.S. export, and U.S.

Shipping 52

Shipping Purchasing Skills Sourcing Strategies Optimal Sourcing 52

Unleashed

JULY 25, 2023

It’s a vital inventory accounting metric for monitoring sales and managing perishable goods – without it, your business will struggle to operate efficiently and could start losing money fast. Inventory turnover period The inventory turnover period is the time taken from when you purchase inventory until the time those goods are sold.

Inventory Reduction 52

Inventory Reduction Optimal Sourcing Inventory Price Reduction 52

ShipBob

NOVEMBER 15, 2021

The goal of logistics planning is to build a lean and cost-effective logistics operation that can achieve service levels at all times and withstand supply chain disruptions. Luckily, ShipBob had the fulfillment center space to store that inventory, and the capacity to start shipping orders in just 3 days. Meet customer demand quicker.

Supply Chain Planning Software 98

Supply Chain Planning Software Logistics Network Optimization Software Material Savings Negotiating Skills 98

ShipBob

NOVEMBER 6, 2023

Cutoff analysis Cutoff analysis is when you pause operations such as receiving and shipping at the time of the physical count to ensure nothing is being handled and goes unaccounted for. By doing physical inventory counts you can improve demand forecasting, minimize stockouts, maintain inventory shrinkage, and more.

Inventory Reduction 52

Inventory Reduction Inventory Inventory Management Software Forecasting Software 52

ThroughPut

FEBRUARY 14, 2024

As a result, businesses are now confronted with the need to rethink and transform foundational assumptions about supply chains – and how they plan, forecast, and operate them. The report recommends shifting toward a new approach of piloting automation tools over mere visibility and analytics, which will be powered by AI.

Optimal Sourcing 59

Optimal Sourcing Modeling Supply Chain Optimization Supply Chain Planning Software 59

ShipBob

MARCH 4, 2024

But fast shipping times aren’t the only hurdle modern-day ecommerce businesses have to overcome. Other aspects such as streamlined returns , affordable shipping costs, and overall brand trust are equally crucial in creating a positive customer experience. So, what are ecommerce businesses doing to address these challenges?

Inventory Reduction 52

Inventory Reduction Price Reduction Cost Reduction Strategies Distribution 52

ModusLink Corporation

DECEMBER 13, 2022

Carrier rates are declining across the board, and Seatrade Maritime News reported an “expected trough of freight rates to mid-2023 from 2024 with a lower demand forecast and a higher than expected effective capacity increase due to the unwinding of congestion. Container shipping to hit bottom in mid-2023, forecasts HSBC.

Agile and Lean Supply Chain 78

Agile and Lean Supply Chain Supply Chain Software Supply Chain Planning Software Trends 78

ShipBob

DECEMBER 20, 2021

Think about your most recent purchase. This sequence of events involves many moving parts, including purchasing, packaging, shipping, and transporting materials to distributors to sell to the end customer. Freight forwarding. expecting same day delivery, two-day shipping, etc.) Warehousing and storage.

Logistics Network Optimization Software 97

Logistics Network Optimization Software Forecasting Software Supply Chain Planning Software Supply Chain Design Software 97

Intelligent Audit

DECEMBER 1, 2021

Before this comes peak season, a time when people place countless online orders or purchase in-store gifts for the holiday season. The holiday shipping season, also known as peak season, is the prime shipping time for those in the supply chain. What Is Product Returns Peak Season?

Procurement Analytics 52

Procurement Analytics Data Supply Chain Software Reverse Logistics 52

Locus Robotics

MARCH 9, 2023

Artificial intelligence and machine learning AI and ML offer manufacturers powerful predictive analytics that transform manufacturing supply chain management by improving forecasting accuracy and speed, supporting better decision-making, and reducing operational costs.

Supply Chain Software 52

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

Cathy Roberson

AUGUST 1, 2022

The planning typically begins at the start of the year as shippers work with carriers to share updated forecasts of capacity requirements throughout the year to ensure parcels are delivered on time during the season. However, if shippers under or overestimate their forecasted capacity requirements, they could incur a penalty from carriers.

Inventory Reduction 96

Inventory Reduction Forecasting Cost Reduction Strategies Forecasting Software 96

20Cube Logistics

SEPTEMBER 17, 2021

20Cube specialises in digital logistics and freight forwarding through our platform called MyHub. Supply Chain Forecasting. After you place an order with a vendor, you use the estimated delivery dates to forecast your next order, logistics, and distribution. Advantages of Digital Freight Forwarders. Route Optimisation.

Forecasting 52

Forecasting Logistics Network Optimization Software Forecasting Software Purchasing Skills 52