Supply Chain Shaman

SEPTEMBER 10, 2023

I worked for AMR Research (now Gartner). His position was that the research that I was writing was not being aggressive enough in the definition of global supply chain planning requirements. Instead, the focus was on error assuming that items at a location level (SKU) were forecastable. He is now retired, and I should be.)

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The Logistics of Logistics

APRIL 21, 2023

Chris is also the Lead Market Analyst at Pickett Research, LLC – an independent market research firm focused exclusively on the dynamics that drive US truckload freight rates. About Flock Freight Founded in 2015, Flock Freight is a technology company reinventing the supply chain through smarter, more sustainable shipping solutions.

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20Cube Logistics

NOVEMBER 19, 2020

Today when you think of logistics, you tend to connect it to speed and timeliness, that is to process and ship orders on time with efficiency and provide the right information to customers to make the right decision. What are the popular methods of supply chain forecasting? Advantages of supply chain forecasting.

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Logistics Viewpoints

JANUARY 11, 2023

ARC Advisory Group began conducting formalized research on the global warehouse automation market in 2014. billion globally, and I forecast it to grow to $9.9 Can Improving Forecast Accuracy Address Our Demand Planning Woes? Top 20 Warehouse Automation Suppliers Worldwide ; Clint Reiser. billion in 2019.

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Logistics Viewpoints

JUNE 16, 2022

The same-day delivery market is forecast to double over the next three years. According to a survey by Gatepoint Research, 40% of retailers are focusing on this as one of their 2022 priorities. Inventory will be held at third parties, sold through marketplaces or drop-shipped.

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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.

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Logistics Viewpoints

JUNE 1, 2023

Based on McKinsey research analyzing post-Covid shopping behaviors in 2022, customers did go back to shopping in stores, and retailers have been increasing the inventory levels accordingly. Shipping items back and forth creates needless greenhouse gas emissions, and only 54% of all packaging gets recycled. In 2022 overall, U.S.

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Logistics Viewpoints

JANUARY 12, 2024

Amazon shipped last-minute Christmas gifts faster in 2023 than in 2022, according to data from analyst firm Momentum Commerce. products on the platform warned it would ship after Christmas. products on the platform warned it would ship after Christmas. DHL Group does not operate ships but it uses them to transport containers.

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Logistics Viewpoints

OCTOBER 19, 2023

Even if this retailer had used AI to forecast my purchase, AI that creates a perfect plan but fails to execute it only results in a highly-efficient silo, as Northeastern University professor Nada Sanders says. Something is wrong in this retailer’s process, whether it be materials used, packing, shipping, etc.,

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Logistics Viewpoints

MARCH 6, 2023

The IBP Process Over Promises and Under Delivers Research by McKinsey concludes that all too often IBP is an ineffective process. “In The company ships directly to customers and also to distributors. This order detail can allow a company to forecast how quickly they will be paid when they fulfill that order.

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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. All the shipping companies were completely, let’s say, sold out.

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Logistics Viewpoints

SEPTEMBER 20, 2022

In this version, there’s no automation around managing promotions, so demand planners need to get involved in adjusting the forecasts for promotions. In parallel, the platform is launched with a smaller planning team and without demand planners reviewing forecasts. Another Lego piece is in place in a few weeks! Yosun holds B.S.

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ToolsGroup

APRIL 25, 2019

Anyone who has done demand planning knows it is extremely complex, with forecasting challenges and rapidly shifting consumer demand, often exacerbated by seasonality, new product introductions, promotions, and myriad causal factors (e.g. The forecast generated by these algorithms degrades as the demand patterns evolve over time.

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Logility

AUGUST 4, 2022

Your ship’s come in! Much of the merchandise languishing aboard cargo ships stuck in ports around the world during the pandemic-fueled supply chain crisis has made it to store shelves. That’s a good thing, right? Not that all shelves are overflowing, mind you. That’s up from 11% at the end of November 2021.

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Enterra Insights

APRIL 6, 2021

That’s where forecasting and predictive analytics come into play. You might be asking yourself: What is the difference between traditional forecasting and predictive analytics? In contrast, forecasting provides overall aggregate estimates, such as the total number of purchases next quarter.

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Elementum

SEPTEMBER 6, 2022

Accurate planning, what-if scenario forecasting, and an awareness of alternative materials are all tactics that can contribute to identifying a satisfactory outcome to supply chain challenges. With a growing requirement for raw materials and consumer goods, insufficient shipping capacity exacerbated cost increases.

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Locus

MAY 8, 2024

And just like the ocean’s unpredictable nature, sudden disruptions within the supply chain are similarly difficult to forecast. The more packages moving through, the higher the likelihood of mistakes, leading to costly shipping delays. And it does translate to serious business losses.

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Supply Chain Matters

NOVEMBER 7, 2023

Supply Chain Matters provides highlights of the realities of higher number of vessels among global ocean container shipping lines meeting contracting shipping demand levels that are now leading to headcount and schedule reductions. Background Ocean container shipping and logistics are the lifeblood of global supply chain movements.

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The Logistics & Supply Chain Management Society

JANUARY 3, 2024

The answers lie in investments in supplier development teams, the simplification of the bill of materials and product platforms, and analytics to forecast requirements based on consumption. For example, when I used to ship ice cream by reefer container to China from the west coast, the time on the ship was 12-18 days.

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Supply Chain Shaman

SEPTEMBER 22, 2021

As Allyson presented her story of working for multiple consumer products companies, with very advanced technologies (demand sensing, advanced automation of forecasting, data lakes and descriptive analytics), she spoke of why at the end of the day, the most important technology that she uses is Excel. Using Analytics In the World of Gray.

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Precoro

NOVEMBER 13, 2023

Keep reading to find out: What purchase price variance means Why PPV matters How to calculate and forecast purchase price variance What causes favorable or unfavorable PPV How to manage purchase price variance efficiently What Is Purchase Price Variance?

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BlueYonder

NOVEMBER 7, 2023

Confident retail executives should remember this warning from AI researcher Eliezer Yudkowsky : “By far the greatest danger of Artificial Intelligence is that people conclude too early that they understand it.” Take one of the most powerful AI tools: predictive AI, which allows you to understand customers better and improve forecasting.

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Supply Chain Matters

JANUARY 3, 2024

The Ferrari Consulting and Research Group through its affiliate the Supply Chain Matters blog shares samples of individual prediction snapshots that will be included in our Annual 2024 Predictions for Industry and Global Supply Chains Research Advisory publishing later this month. World economic growth was forecasted to slow from 3.5

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Logility

APRIL 20, 2016

We analyzed this once before for a customer, considering only ship to store vs. an ecommerce/ship from DC sale, but we never considered dynamic allocations as part of the plan. But just consider this simplified view of the movement of one shirt that starts its journey in a bulk container shipped across the ocean.

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Supply Chain Shaman

OCTOBER 8, 2019

The budget is not sufficient and is often a detrimental input for supply chain forecasting. Why Is the Financial Forecast Not a Good Proxy for a Supply Chain Forecast? There are many reasons why the budget cannot be used as a supply chain forecast. The supply chain forecast is a rolling forecast.

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ShipBob

OCTOBER 8, 2021

And, with the growth of ecommerce, customers are buying unique luxury or everyday perfumes online at more affordable prices than ever before — while also still expecting fast shipping. . The different types of perfumes that shipped regularly include . But no matter what type of perfume you sell, shipping perfume is a risky endeavor.

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Supply Chain Matters

FEBRUARY 23, 2023

Carriers and logistics services providers experienced windfall profit levels in their ability to leverage the constant disruptions and ship deployment imbalances into skyrocketing spot rates, added services fees, surcharges or demurrage penalties. Earlier this month, the forecast was revised to an expected 2.5

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Logility

APRIL 16, 2018

A forecast is more than a projection of future business; it is a request for product (or a request for resources to ensure supply of a product). Forecast accuracy is crucial for achieving both customer service goals as well as ensuring proper utilization of resources to drive profitable business growth.

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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.

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Freightos

AUGUST 14, 2023

The Superconductivity Prelude Late in July 2023, South Korean researchers made headlines with a potential discovery – now mostly debunked – of a material that enabled superconductivity at room temperature. This teased a future that could make energy cheaper, levitate trains and solve algebra problems. I dove in too.

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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. All rights reserved.

Forecasting 52

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The UCLA Anderson Global Supply Chain Blog

DECEMBER 10, 2013

UCLA Anderson Forecast. Center for International Business Education and Research (CIBER). BIT Global Research Network. Ship Mate App Finds Smooth Sailing. The sale was ideal in that it included not only cash, but also the opportunity to continue building Ship Mate,” Mike says. Wall Street Journal. Shanghai Daily.

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The Logistics & Supply Chain Management Society

FEBRUARY 15, 2021

But decisions about how many barrels to produce or how many ships to sail have to be made in advance. As ocean carriers were just signing checks to build massive ships, the global financial crises hit and shipment volumes sunk like a Led Zeppelin. It’s hard to predict what demand will be like for products like these ahead of time.

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Supply Chain Matters

JUNE 13, 2023

We therefore wanted to highlight another published survey that provides data reflecting on the beginning of the traditional peak shipping season, whether shippers are anticipating a classic peak season, along with their expectations of container shipping rates as industries prepare for second-half activity levels.

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ToolsGroup

AUGUST 1, 2022

When you consider the fact that 30% of online shoppers purposely overbuy with the intention of returning what they don’t want, it’s worth considering how returns will factor into your demand forecasts if you’re selling via digital channels. Image source: Shipping Easy. Retailers Quietly Offering a “Keep the Item” Return Policy.

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ShipBob

JULY 2, 2021

Demand forecasting. Tech-enabled demand forecasting has shown to reduce supply chain errors by 30 to 50%. With inaccurate forecasting, it’s easy to lose out on sales due to inaccurate inventory data, which leads to understocking or overstocking issues that result in lost profits. . Forecasting future demand.

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Enterra Insights

JULY 22, 2020

” Tim Sandle ( @timsandle ) notes, “Advances with machine learning and big data analytics are helping researchers, and ultimately companies, to make predictions about future trends by analyzing patterns.”[2]. This may mean testing numerous forecasting models to determine the one that most closely represents reality.

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