The Logistics of Logistics

SEPTEMBER 25, 2023

Paul is the Founder and Chief Strategy Officer of Verusen , a supply chain intelligence platform, purpose-built to help manufacturers streamline their MRO supply and materials management. For manufacturers: Optimizes inventory and harmonizes data to reduce costs, improve visibility, and make better sourcing decisions.

Optimal Sourcing 263

Optimal Sourcing Material Savings Sourcing Strategies Inventory Reduction 263

Supply Chain Matters

OCTOBER 12, 2022

In this Supply Chain Matters posting we highlight published September 2022 indices of global supply chain volatility ( GSPI ) and US Logistics Index ( LMI ) activity trends along with our view of the implications. In a prior Supply Chain Matters posting, we highlighted both September and Q3-2022 global and regional PMI indices.

Inventory Reduction 59

Inventory Reduction Cost Reduction Strategies Warehousing Price Reduction 59

Freightos

JUNE 6, 2023

The Initial Hurdle: 2021’ Freight Fiasco During the COVID-19 pandemic, Conor from Fort Toys , like many other entrepreneurs, found himself dealing with skyrocketing demand… and skyrocketing freight costs. The inventory trend that emerged from ShipBob’s data seems to be extending into 2023. The key takeaway?

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Manufacturing Procurement Optimal Sourcing Inventory Reduction Supply and Demand 249

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? And it can be fixed.

Purchasing Skills 218

Purchasing Skills Price Reduction Freight Supply Chain Software 218

Logility

SEPTEMBER 19, 2023

A turbulent climate for global supply cha in The world has had many more examples of classic supply chain bullwhips in a short time compared to any other time in recent history. This led to hoarding behaviors that exacerbating the shortage and signaled manufacturers to produce more.

Supply Chain Planning Software 135

Supply Chain Planning Software Modeling Supply Chain Software Supply Chain Planning 135

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

SYSPRO Smarter ERP

MARCH 31, 2022

Global supply chains were starting to recover from two years of upheaval caused by the pandemic when the military crisis hit. The further disruption caused by Russia’s invasion of Ukraine could cause major disruptions to the global supply chain and impact South Africa. Responding to global disruptions. Supply chain challenges.

Manufacturing Procurement 105

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

3rdwave

NOVEMBER 29, 2018

Managing a global supply chain network requires the ability to manage and control both global transportation execution and the associated freight spend. In a constantly shifting and competitive global trading environment, it is increasingly important to control all costs across the entire supply chain.

Optimal Sourcing 88

Optimal Sourcing Global Transportation Negotiating Skills Supply Chain Optimization 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. Supply Chain Matters highlights continued evidence that the U.S. remains unclear.

Negotiating Skills 52

Negotiating Skills Inventory Reduction Cost Reduction Strategies Price Reduction 52

Logistics Viewpoints

FEBRUARY 2, 2024

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. Amazon achieved its fastest-ever global shipping times last year but isn’t resting on its laurels. The money is coming through the U.S.

Cost Reduction Strategies 235

Cost Reduction Strategies Inventory Reduction Logistics Network Optimization Software Logistics 235

Supply Chain Shaman

JULY 15, 2021

While I was able to hug friends again at the wake and I will host my Supply Chain Insights Global Summit in September, the supply chain leader is only ½ way through the COVID-19 response. Only 9% of Global Multinationals design supply chain flows. Globally, 39.3% Labor shortages abound for road freight. Price Increases.

Supply Chain Design Software 363

Supply Chain Design Software Supply Chain Planning Software Price Reduction Forecasting Software 363

SYSPRO Smarter ERP

NOVEMBER 3, 2021

Manufacturers and distributors experienced huge supply chain disruptions due to the pandemic which exposed many vulnerabilities and tested the resilience of supply chain leaders globally. Manufacturing KPIs. In fact, SYSPRO research revealed that 60% of businesses were impacted by supply chain disruptions during the pandemic.

Manufacturing Procurement 105

Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain 105

Supply Chain Matters

APRIL 7, 2023

freight rates have reached their lowest levels in nearly six years. In essence, it is confirmation of a freight recession condition. That is not good for retailers and manufacturers, each under the looking glass to reduce not only transportation but also inventory carrying costs. All rights reserved. The post U.S.

Freight 52

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Supply Chain Matters

MAY 5, 2023

Supply Chain Matters provides highlights of April 2023 reported global and regional PMI indices which continue to reinforce a state of contraction level stabilization within global supply chain networks. Some good news is that the reported data reinforces that global supply chain wide pressures have eased considerably.

Manufacturing Procurement 52

Manufacturing Procurement Global Supply Chain Optimization Supply Chain Strategy 52

SYSPRO Smarter ERP

NOVEMBER 30, 2021

Ask manufacturing leaders what changes they plan to make in the next three years in the wake of the coronavirus pandemic, and they will likely say their use of technology will deepen as more and more players in their supply chains come to rely on digital connections for daily interactions. Talent gaps: ? Legacy systems:?

Forecasting 105

Forecasting Forecasting Software Inventory Management Software Supply Chain Planning Software 105

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

QAD

APRIL 7, 2022

Procurement, also sometimes known as purchasing, is the group responsible for acquiring components, services, and other materials to manufacture a company’s products and to keep the operation running. The inventory department kept track of item usage on an inventory card, and the inventory card had an attached requisition form.

Manufacturing Procurement 95

Manufacturing Procurement Procurement Solutions Negotiate Pricing Purchasing Skills 95

Freightos

OCTOBER 31, 2022

Since early 2020, global trade has been buffeted by waves of increased customer demand, supply chain challenges, and constant uncertainty and volatility. Take Conner, the manufacturer of FORT, a magnetic pillow fort. But then global freight kicked in. . A 30% raise in costs wasn’t going to totally kill us.

Supply Chain Planning Software 156

Supply Chain Planning Software Supply Chain Planning Supply and Demand Supply Chain 156

Supply Chain Matters

FEBRUARY 23, 2023

Supply Chain Matters highlights the increasing realities of declining global trade and freight rates that are occurring in the first-half of 2023. Background Global wide transportation and logistics costs increased at unprecedented rates during 2021 and 2022. percent decline in global trade.

Negotiating Skills 52

Negotiating Skills Inventory Reduction Price Reduction Cost Reduction Strategies 52

GlobalTranz

AUGUST 4, 2021

Let’s take a closer look at an examination by Industry Week , “Beyond the immediate impact on PPE Suppliers and Raw Materials for Hand Sanitizers, the pandemic gave a view of the degree to which many manufacturers were vulnerable to suppliers. Traditional Inventory Replenishment Strategies No Longer Work. Cybersecurity Concerns Remain.

Supply Chain Risk Management 288

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Supply Chain Shaman

SEPTEMBER 3, 2015

Next week is the annual Supply Chain Insights Global Summit , and summit preparation is on my agenda for the weekend. We feel so strongly about this that we do not have an inventory planning role.” His feeling was that inventory is an asset to manage. Inventory is both. Inventory management is a complex subject.

Waste Reduction 150

Waste Reduction Inventory Reduction Inventory Optimal Sourcing 150

Logistics Viewpoints

NOVEMBER 17, 2022

This shortage is the culmination of various ongoing issues – geopolitical tensions related to the Russia-Ukraine war, the rapid shift in consumer buying behavior and container freight availability. This shortage and sudden uptick in demand weren’t something that most can manufacturers were prepared for. What’s Next?

Packaging 227

Packaging Food Manufacturing Procurement GEP 227

ToolsGroup

JULY 25, 2023

The ToolsGroup and Lãberit partnership is already benefiting a large company dedicated to supplying products, services, and solutions to the ceramics and glass sector, supporting them in achieving efficient demand planning and inventory optimization with an end-to-end supply chain solution.

ToolsGroup 156

ToolsGroup Supply Chain Planning Software Supply Chain Software Forecasting Software 156

ShipBob

NOVEMBER 6, 2023

Table of Contents ** Minutes What is an inventory audit? When it comes to selling goods, ecommerce businesses may audit their inventory — whether it’s for tax purposes annually or to simply verify units on hand. Inventory audits can be done in-house or by a third party and represent one point in time. What is an inventory audit?

Inventory Reduction 52

Inventory Reduction Inventory Inventory Management Software Forecasting Software 52

Freightos

FEBRUARY 28, 2022

Which brings us to international freight. The financial impact of global trade has always been enormous but never more so than today. Accelerated by lockdowns and increases in the consumption of goods, global trade hit $28.5 It’s challenging to get fixed prices for global freight. Until today.

Negotiating Skills 177

Negotiating Skills Shipping Price Reduction Supply Chain Planning 177

MIT Supply Chain

JANUARY 19, 2022

In these Covid-ravaged times, the last thing companies need is more bad news, but like it or not, the storm clouds of a global economic recession are gathering on the horizon. Furthermore, the crisis laid bare the inadequacies of the US freight logistics systems, leading to widespread bottlenecks. precipitously.

Global 97

Global Demand Planning Software Logistics Network Optimization Software Forecasting Software 97

Supply Chain Matters

AUGUST 4, 2022

In our prior published Supply Chain Matters commentary, we reviewed and provided some added insights on July’s global manufacturing PMI indices which are pointing to declining global supply chain production momentum. A July edition provided two reports that responded to the question- Are Global Supply Chains Recovering ?

Supply Chain Planning Software 52

Supply Chain Planning Software Global Supply Chain Planning Supply Chain Software 52

MIT Supply Chain

MARCH 14, 2022

have predicted owing to the accumulation of inventory in manufacturing. Other drivers of shortages and price hikes that appear to be moderating include the cost of freight transportation. But the invasion of Ukraine could preempt these triggers, as the fallout ripples through global supply chains. including myself?—?have

Ukraine 98

Ukraine Global Russia Los Angeles 98

Supply Chain Matters

MAY 3, 2022

In this Supply Chain Matters commentary, we highlight the latest quantitative data related to global manufacturing PMI activity levels for April. Global Manufacturing Output Levels Declined. Global Manufacturing Output Levels Declined. Manufacturing Indices. According to the J.P. value, up from 53.1

Manufacturing Procurement 52

Manufacturing Procurement China Purchasing Skills Supply Chain Planning 52

ToolsGroup

MARCH 9, 2021

In episode seven of Be Ready for Anything, industry insider Bob Ferrari discusses the pivotal factors affecting global supply chain revitalization in the coming year. Bob is an expert in global supply chain management with over 30 years of experience in all aspects of supply chain processes. Take a listen! Check out the video below.

Predictive Analytics Software 156

Predictive Analytics Software Supply Chain Planning Software Predictive Analytics Supply Chain Design Software 156

Supply Chain Opz

NOVEMBER 9, 2014

Companies of all sizes have been capturing the value from Global Supply Chain to increase the economies of scale and scope for years. Due to the rapid change in global business environment, managers find it difficult to gain the edge over competitors. However, you may wonder what kind of practices really work.

Waste Reduction 274

Waste Reduction Supply Chain Planning Software Cost Reduction Strategies Inventory Reduction 274

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

Logistics Bureau

MAY 24, 2021

Among the universal challenges that the COVID-19 pandemic has imposed upon the supply chain management profession is the question of inventory, specifically, “how much is enough?”. It wasn’t long ago that businesses were asking, “By how much can I reduce my levels of inventory?”. Let’s Start with Safety Stock.

Inventory Reduction 98

Inventory Reduction Inventory Supply Chain Planning Software Company 98

GlobalTranz

JULY 6, 2016

We continue our series on the top 5 blogs in our 4 main categories ( Freight , Manufacturing , Logistics , and Supply Chain ). Today's post will cover the top 5 manufacturing blogs from 2016 so far. Top Manufacturing Blogs from the First Half of 2016 So Far. 6 Manufacturing Trends to Watch Out for in 2016.

Supply Chain Planning Software 132

Supply Chain Planning Software Manufacturing Predictive Analytics Software Logistics Network Optimization Software 132

ThroughPut

JUNE 4, 2020

What is Inventory Optimization? Inventory Optimization is defined as a method of balancing the manufacturers’ capital investment constraints and goals along with the defined service-level goals over a large assortment of stock-keeping units (SKUs) while considering all demand and supply volatility situations. Demand forecasting.

Optimal Sourcing 52

Optimal Sourcing Inventory Reduction Inventory Management Software Optimization Software 52

ThroughPut

JUNE 4, 2020

What is Inventory Optimization? Inventory Optimization is defined as a method of balancing the manufacturers’ capital investment constraints and goals along with the defined service-level goals over a large assortment of stock-keeping units (SKUs) while considering all demand and supply volatility situations. Demand forecasting.

Optimal Sourcing 52

Optimal Sourcing Inventory Reduction Inventory Management Software Optimization Software 52

Logistics Viewpoints

DECEMBER 5, 2022

The fact that most manufacturers struggled to achieve supply chain agility during COVID is not news. But Molex, a global electronics and connectivity solutions company, has been investing in their intelligent digital supply chain strategy to improve their supply chain agility and customer experience. It is part of Koch Industries.

Agile and Lean Supply Chain 197

Agile and Lean Supply Chain Rail Software Manufacturing Procurement Supply Chain Planning Software 197