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. Is ocean freight pricing broken? But real improvement can only come through better demand forecasting, and this is where digitization is key. Was it profiteering?

Purchasing Skills 217

Purchasing Skills Price Reduction Freight Supply Chain Software 217

The Logistics & Supply Chain Management Society

NOVEMBER 15, 2021

Shipping freight across the world is a complex matter. But what is even more complicated is freight billing and handling freight payments: what a cargo owner is initially quoted is often different from what he later is asked to pay. A 2021 Cargo Owners and freight forwarders survey, confirms this. Lack of trust.

Study 246

Study Forecasting Software Freight Logistics Network Optimization Software 246

Supply Chain Game Changer

SEPTEMBER 23, 2020

What’s the Difference Between Freight Management and Logistics Management? Freight mode optimization article and permission to publish here provided by Adam Robinson at FreightWaves.com. LEADING MISCONCEPTIONS AND CHALLENGES OF FREIGHT OPTIMIZATION. FREIGHT OPTIMIZATION OFFERS SIGNIFICANT ADVANTAGES. Email Address.

Supply Chain Optimization 91

Supply Chain Optimization Optimization Software Price Mitigation Strategies Freight 91

Supply Chain Shaman

JULY 15, 2021

Labor shortages abound for road freight. The Freight Rates for a 40 foot container from China to the west coast of the United States is quadruple the price of a year ago. The supply chain leader is struggling with increased cost and delayed on-time deliveries in ocean freight. Forecast logistics and hold yourself accountable.

Supply Chain Design Software 367

Supply Chain Design Software Supply Chain Planning Software Price Reduction Forecasting Software 367

Ware2Go

DECEMBER 16, 2021

Supply chain disruptions like freight delays may continue well beyond this year’s peak holiday shopping season. Freight delays have affected consumers and merchants alike. After 18 months of disruptions, the state of international freight was shaky at best heading into this holiday shopping season.

Freight 99

Freight Inventory Reduction Price Reduction Cost Reduction Strategies 99

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. BNSF Railway reported that widespread flooding is causing major disruptions of service and operations in the Houston region. economies.

Forecasting 74

Forecasting Kansas City Forecasting Software Houston 74

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

Logistics Network Optimization Software Costa Rica Logistics Forecasting 199

GlobalTranz

FEBRUARY 24, 2021

Of course, more data amounts to increased visibility and, therefore, actionability to prevent disruptions from contributing to higher freight spend. As also reported by Accenture , “To help leaders use insights to respond with confidence, companies should use a logistics control tower to get a real-time view of operations.

Resource Reduction 276

Resource Reduction Cost Reduction Strategies Inventory Reduction Supply Chain Planning Software 276

Resilinc

FEBRUARY 22, 2022

“Oil prices have risen to well over $90 a barrel — their highest levels since 2014 — in recent days as fears of war have grown,” reported the New York Times last week. The post Supply Chain Risk Report: Ukraine-Russia Conflict appeared first on Resilinc.

Russia 104

Russia Ukraine Scenario Planning Supply Chain Planning 104

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. And now on to this week’s logistics news. The shares fell as much as 7.6

Cost Reduction Strategies 234

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

Supply Chain Matters

SEPTEMBER 6, 2022

The Wall Street Journal reported this week (Paid subscription or metered view) that ocean container freight rates related to the most active global shipping lanes continue to decline amid what is traditionally considered the peak shipping period leading up to the holiday fulfillment season in the November-December period. Bob Ferrari.

Report 52

Report Global Scenario Planning Forecasting 52

Logistics Viewpoints

MAY 27, 2022

Dick’s Sporting Goods Beats Forecast in Q1 But Cautions on Inflation, Supply Chain. North American Transborder Freight up 23.8% North American Transborder Freight up 23.8% Dick’s Sporting Goods reported its Q1 financials this week, beating expectations but lower its outlook. billion of freight, up 15.7%

Logistics Network Optimization Software 251

Logistics Network Optimization Software Supply Chain Network Software Real Estate Forecasting Software 251

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

Vendor Strategies Cost Reduction Strategies Expense Reduction Freight 58

Supply Chain Matters

MAY 10, 2022

Moeller Maersk report of Q1-2022 financial performance provides indications of what multi-industry supply chain management teams can expect for the remainder of 2022 in the area of ocean container transportation. based Pilot Freight Services for a reported 47.1 Global shipping services provider A.P. billion, an increase of $6.9

Freight 52

Freight Forecasting Russia Logistics Network Optimization Software 52

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

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

GlobalTranz

NOVEMBER 30, 2021

Capturing carrier data gives you more visibility into your freight spend and enables you to make data-driven decisions that positively impact your business. Forecast Demand?with?Analytics. Download the White Paper: Over the Road Freight Management Trends. Identify and Apply Freight Consolidation Opportunities. a shipment?doesn’t

Optimal Sourcing 221

Optimal Sourcing Rail Software Transportation Sourcing Strategies 221

Logistics Viewpoints

DECEMBER 6, 2023

Supply Chain Volatility The concept of supply chain volatility is difficult to measure and even more difficult to forecast, as disruptions are typically surprises. Container Shipping There have been recent reports publicizing the rapid decline in container shipping rates. Here are some data that support my view.

Predictive Analytics Software 267

Predictive Analytics Software GEP Supply Chain Software Price Reduction 267

ToolsGroup

NOVEMBER 30, 2020

With Service Optimizer 99+ (SO99+) ToolsGroup’s manufacturing customers commonly achieve a 10-30% reduction in inventory, improve product availability to 96% or better, and reduce overhead (such as overtime and expedited freight) by 50%. Reporting sped up by 50%. Forecast errors halved. 96% or better product availability.

ToolsGroup 156

ToolsGroup Inventory Reduction Price Reduction Manufacturing 156

AIMMS

OCTOBER 17, 2023

According to a Proxima report “Investing in a Sustainable Supply Chain,” there has been a significant change in the priorities of investors. Efficient inventory management Demand Forecasting: Use demand analytics to predict demand more accurately, thus reducing overstocking or stockouts.

Optimal Sourcing 156

Optimal Sourcing Supply Chain Planning Software Modeling Waste Reduction 156

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

Intelligent Audit

JULY 19, 2022

Regardless of whether a load gets delivered on time with clean bills, or if there is an issue, shippers need oversight and can use OSD reports to ensure they get the right information. . What Is an OSD Report ? An Over, Short, and Damaged (OSD) report provides shippers with data that tracks damaged or miscounted loads.

Report 52

Report Supply Chain Planning Software Predictive Analytics Software Supply Chain Software 52

Supply Chain Trend

OCTOBER 11, 2022

This is a commentary on the article To Share or Not to Share: The Future of Collaborative Forecasting , Foresight 2022, Q4, by Pierre Pinson, Editor in Chief of The International Journal of Forecasting. COLLABORATIVE PLANNING, FORECASTING, AND REPLENISHMENT. Asymmetry of Data Ownership. It was a win-win situation. CONCLUSION.

Forecasting 88

Forecasting Data Manufacturing Procurement Forecasting Software 88

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. The April report commentary took note that European and U.S.

Negotiating Skills 52

Negotiating Skills Inventory Reduction Cost Reduction Strategies Price Reduction 52

ToolsGroup

AUGUST 1, 2022

54% of buyers report that free returns or exchanges are the second biggest factor in determining if they will be returning shoppers. 83% of consumers with a household income of over $100,000 report that returns are important. Another NRF report showed that online sales comprised 23% of all retail sales in 2021.

Retail 296

Retail Optimal Sourcing Purchasing Skills Procurement Solutions 296

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

Analytics Software Analytics Expense Reduction Cost Reduction Strategies 53

GlobalTranz

MARCH 17, 2022

There have been fluctuations in demand that have made forecasting feel impossible. And moving materials and products was made difficult, especially at the start of the pandemic, due to closed borders, limited air freight, and driver shortages. Reporting that helps identify waste and process inefficiencies.

Logistics Network Optimization Software 247

Logistics Network Optimization Software Supply Chain Planning Software Inventory Management Software Inventory Reduction 247

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

Supply Chain Shaman

NOVEMBER 15, 2021

Today, we are nearing the end of the fourth quarter of corporate reporting. Self-reported projections of the ocean carriers forecast that the industry is posting over $200B in profits. Maersk, the world’s largest container shipping company, reported its best quarter in 117 years, posting a $5.9B Time For Action.

Supply Chain Design Software 278

Supply Chain Design Software Supply Chain Planning Software Sourcing Strategies Supply and Demand 278

Supply Chain Matters

DECEMBER 28, 2023

As a point of reference, in September, Mastercard had forecasted an anticipated 3.7 In early November, Supply Chain Matter’s highlighted the National Retail Federation’s (NRF) forecast of expected holiday spending to be in the range of a pre-pandemic level of between 3 percent and 4 percent over 2022 levels. percent increase, with a 7.6

Forecasting 52

Forecasting Apparel Inventory Reduction Journal 52

Logistics Viewpoints

OCTOBER 31, 2022

ZF sends the call-off, along with the forecast, not just to their suppliers, but to their carriers and 3PLs. In the last annual report, the company admitted that the chip shortage led them to increase inventories in their supply chains. Decreasing forecast accuracy makes it more difficult to run a lean supply chain.

Agile and Lean Supply Chain 197

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

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

Supply Chain Matters

NOVEMBER 7, 2023

This report concluded: “ The container-shipping industry has a highly fragmented value-chain, marked by complexity, overcapacity, and low returns.” That in turn, has facilitated more discipline in ocean container freight rates among the globe’s most traversed trade routes from Asia to the markets of developed countries.

Cost Reduction Strategies 59

Cost Reduction Strategies Global Industrial Industry 59

The Logistics & Supply Chain Management Society

DECEMBER 21, 2021

As we finish 2021, the supply chain is front and center with challenges reported across the globe; across multiple industries from consumer products through to automotive. By 2024, 40% of APeJ-based supply chain forecasts will be automated through the use of artificial intelligence, improving accuracy by 5 percentage points.

Predictive Analytics Software 246

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

Talking Logistics

OCTOBER 9, 2018

More than a year into a freight capacity crisis that shows little sign of weakening, it’s time for all parties involved in logistics and freight transportation to meet this issue head on. Freight Capacity Crisis: How Did We Get Here So Quickly? And then freight volumes took off, which has left everyone struggling to keep up.

Capacity 113

Capacity Freight Predictive Analytics Software Forecasting Software 113

GlobalTranz

MAY 24, 2016

The ideal TMS allows you to see where your resources currently are, and forecasting abilities give you the ability to determine what resources are available to train new hires. Freight Consolidation. Sometimes, the lines between FT and LTL are blurred, especially when all LTL shipments are compiled into FT via freight consolidation.

Purchasing Training 137

Purchasing Training Negotiating Skills Supply Chain Design Software Forecasting Software 137

Logility

JANUARY 12, 2021

There are many ways to view data, but those that are particularly useful in supply chain analytics are reporting, score carding, dashboarding and benchmarking. Reporting and Score carding. The simplest form of looking at data is the all-too-familiar reporting. Take freight rates, for example. Benchmarking.

Prescriptive Analytics Software 131

Prescriptive Analytics Software Supply Chain Planning Software Analytics Software Predictive Analytics Software 131