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Realties of Declining Global Trade and Transport Rates More Evident

Supply Chain Matters

As we noted in our specific 2023 prediction focused on the global transportation industry sector , entering 2023, industry perspectives were on the ability to be able to maintain higher rates by basis of multi-year signed contracts executed at the height of shipping rates. Earlier this month, the forecast was revised to an expected 2.5

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Retail Sales and Operations Teams Need to Up Their Game in Inventory Management Agility and Responsiveness

Supply Chain Matters

In this Supply Chain Matters industry specific commentary, we make the observation that retail industry sales and operations planning and demand support teams, given the current state of recent business financial performance, need to up their game in supply network inventory management agility and added responsiveness. .

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Advanced Analytics for Supply Chain: 10 use cases

DynaSys

Forecasting and planning. Excellent sales, operational, and inventory planning involves collaboration within and outside an organization. A low-cost distribution operation results from efficient use of warehouse resources, high inventory turns, proximity of materials to need, and rare out-of-stock situations. Omni-Channel.

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FedEx Second Quarter Financial Performance Disappoints

Supply Chain Matters

Just prior to the Christmas holiday, global transportation and logistics services provider FedEx formally reported fiscal second quarter financial performance that fell short of expectations. CEO Raj Subramaniam specifically indicated: “ The inventory destocking phase has yet to begin in earnest.” billion compared to $22.8

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Report That Global Ocean Container Rates on the Decline

Supply Chain Matters

According to this report, citing industry research firm B raemar , global ocean container fleet size is forecasted to grow 9 percent in 2023 and 2024 , while container volume growth will moderate in 2023 and rise slightly in 2024. This will be good news in stemming supply chain driven inflation trending. Added Perspectives.

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What Should Supply Chain Management Teams Anticipate in 2023 and Beyond- Part One

Supply Chain Matters

The year featured continual component shortfalls, explosive inbound materials cost increases and continuous global transportation disruptions. As depicted in our mid-year assessments , the global economic outlook significantly changed during this year with the IMF and the World Bank trimming their forecasts for 2022 growth.

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How to Manage Supply Chains as a Manufacturer with Automation and AI

Locus Robotics

Robots can safely handle multiple tasks, including moving boxes and pallets, simple assembly, inventory counts, maintaining equipment, and product testing. AI and ML can be applied to inventory management, demand forecasting, freight route planning, and much more.