ToolsGroup

FEBRUARY 4, 2020

The manufacturing industry has a strong heritage of adopting game-changing technologies to deliver higher quality products more efficiently. In a recent KPMG study, 69% of manufacturing CEOs say acting with agility is “the new currency of business; if we’re too slow, we will be bankrupt.” Poor customer service levels.

Supply Chain Planning Software 232

Supply Chain Planning Software Supply Chain Planning Inventory Reduction Supply Chain Software 232

Freightos

DECEMBER 2, 2021

You might not think about shipping containers and ocean freight when you click “buy” on your Amazon order, but there’s a direct connection between the two. However, since buying goods manufactured primarily in Asia increased so significantly, demand quickly outpaced supply. But elevated freight rates have pushed costs to $4-5 per unit.

Price Reduction 177

Price Reduction Cost Reduction Strategies Freight Supply Chain Disruption 177

Ware2Go

JUNE 20, 2023

See the latest insights on ocean freight rates and other trends that fast-growing businesses should know about to plan for 2023 peak season. In this article: Ocean Freight: Key Stats & Industry News Ocean Freight Shipping: What to Watch For In 2023 Freight Shipping From China & Alternatives What Are The Current Ocean Freight Rates?

Negotiating Skills 98

Negotiating Skills Supply Chain Planning Software Supply Chain Planning Freight 98

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%. ToolsGroup’s manufacturing customers commonly achieve: 10-30% reduction in inventory.

ToolsGroup 156

ToolsGroup Inventory Reduction Price Reduction Manufacturing 156

Logistics Viewpoints

MARCH 3, 2021

GlobalTranz’s main service lines are freight brokerage – less-than-truckload and truckload – and managed transportation services. Robinson and Echo Global Logistics. What the heck is going on in this freight brokerage/managed transportation sector? Another company that combines freight brokerage and managed trans is Transplace.

Logistics Network Optimization Software 244

Logistics Network Optimization Software Negotiating Skills Negotiate Pricing Report 244

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

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

SCMDOJO

APRIL 22, 2024

The price of container freight rates surged while the entire world was having to deal with delays. It’s common for Westerners to go to China to visit manufacturers so they can get a better idea of what exactly goes into creating and shipping thousands of products at once.

Inventory Reduction 77

Inventory Reduction Price Reduction Cost Reduction Strategies Material Savings 77

Freightos

JANUARY 4, 2018

The Digital Freight Ecosystem. Part 2: What’s Bringing Freight Online. In the first part of this article , Dr. Schreiber observed that freight is still largely offline and examined why freight digitalization has been so complicated. . Bringing Freight Online In The Carrier Space. By Zvi Schreiber, CEO, Freightos.

Freight 137

Freight Logistics Network Optimization Software Supply Chain Design Software Supply Chain Planning Software 137

CHAINalytics

FEBRUARY 11, 2020

With instability in the freight market, one global industrial manufacturing company looked to Chainalytics to help them create an optimal transportation strategy that balanced contract and dedicated fleets to improve service and reduce costs.

Cost Reduction Strategies 61

Cost Reduction Strategies Freight Manufacturing Industrial 61

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

3PL Insights

NOVEMBER 15, 2021

Amidst all of these stories of shortages and bottlenecks, we thought it would be helpful to explain the basics of shipping ocean freight. In this article, we will explain the shipping process, identify the different types of cargo, and show the benefits of ocean freight shipping. What is Ocean Freight? Benefits of Ocean Freight.

Freight 98

Freight Manufacturing Procurement Cargo Shipping 98

Supply Chain Collaborator

JUNE 25, 2020

Will the trend toward a return to “regional manufacturing” boost volumes in over the road transportation in North America as manufacturers move away from Asian overseas operations? Global supply chains were being disrupted long before Covid-19 emerged,” says Kamala Raman, senior director analyst with the Gartner Supply Chain Practice.

Manufacturing Procurement 142

Manufacturing Procurement Manufacturing Gartner Supply Chain Network Software 142

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.

Manufacturing Procurement 105

Manufacturing Procurement Supply Chain Disruption Supply Chain Design 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 144

Waste Reduction Cost Reduction Strategies Resource Reduction Inventory Reduction 144

Freightos

JANUARY 4, 2018

The Digital Freight Ecosystem. Part 2: What’s Bringing Freight Online. In the first part of this article , Dr. Schreiber observed that freight is still largely offline and examined why freight digitalization has been so complicated. . Bringing Freight Online In The Carrier Space. By Zvi Schreiber, CEO, Freightos.

Freight 120

Freight Logistics Network Optimization Software Supply Chain Design Software Supply Chain Planning Software 120

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

The Logistics of Logistics

OCTOBER 30, 2023

Over his 30+ year career in the supply chain, Richard has worked with manufacturers around the world in operations, supply chain, and lean strategy roles to develop systems that can manage complex supply chains on a global scale. Richard previously founded and led Factory Logic, Inc. acquired by SAP). The Greenscreens.ai

Optimal Sourcing 241

Optimal Sourcing Inventory Reduction Supply Chain Design Software Manufacturing Procurement 241

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. Freight rate reportedly fell 37 percent. The LMI has now declined 6.7

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 234

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

QAD

JANUARY 4, 2022

QAD CMO Carter Lloyds described shipping delays, energy issues/sustainability challenges and the Carbon Bubble as three major industry disruptors affecting manufacturers. Lack of real-time communication between the manufacturing enterprise suppliers, third-party logistics providers and consumers. Rise in ocean freight rates.

Manufacturing Procurement 95

Manufacturing Procurement Supply Chain Software Supply Chain Design Software Supply Chain Planning Software 95

Supply Chain Shaman

APRIL 18, 2023

The global supply chain is built on three assumptions: rational government policy, availability of reasonably priced logistics, and low variability. In March 2023, the Global Supply Chain Pressure Index fell to the lowest level since November 2008. However, variability and global unrest is rising. Unrest in Sudan.

Supply Chain Planning Software 374

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 374

The Logistics of Logistics

OCTOBER 25, 2023

Reliance Partners’ Borderless Coverage is a global insurance program designed to protect businesses of all sizes from the risks associated with international operations. Mark spent over 7 years in leadership with the second largest freight brokerage in North America, Total Quality Logistics. The Greenscreens.ai

Mexico 247

Mexico Transportation Logistics Network Optimization Software Supply Chain Design Software 247

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. We were pretty confident that we could raise a little bit more money or sell more product – it was pretty popular.

Manufacturing Procurement 245

Manufacturing Procurement Optimal Sourcing Inventory Reduction Supply and Demand 245

Supply Chain Matters

AUGUST 30, 2023

The Ferrari Consulting and Research Group, via its affiliated Supply Chain Matters blog calls reader attention to two recently published research papers that address evidence of ongoing shifts in global supply component and end production sourcing. The abstract notes that the research paper “ documents that shifts in the pattern of U.S.

Sourcing Strategies 59

Sourcing Strategies Global Price Reduction Vietnam 59

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

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Enterra Insights

JANUARY 17, 2019

Nevertheless, over the past few years there have been some significant changes in the manufacturing sector, including the maturation of additive manufacturing and the emergence of the Internet of Things (often referred to as the Industrial Internet of Things (IIoT)). Manufacturing trends. ”[1] Those arguments still hold.

Manufacturing Procurement 100

Manufacturing Procurement Prescriptive Analytics Software Trends Manufacturing 100

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. The Greenscreens.ai

Optimal Sourcing 263

Optimal Sourcing Material Savings Sourcing Strategies Inventory Reduction 263

Proxima

AUGUST 25, 2022

Simon Geale recently spoke to CNBC about how China’s strict Covid restrictions are having a ripple effect on global supply chains. China is the world’s largest exporting economy, and second largest importer, holding eight of the top twenty ports globally.

Policies 91

Policies Global Manufacturing Procurement Supply Chain Software 91

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. Is Your Company an Adaptive Manufacturing Enterprise? The post People in Manufacturing: Procurement appeared first on QAD Blog.

Manufacturing Procurement 93

Manufacturing Procurement Procurement Solutions Negotiate Pricing Purchasing Skills 93

CHAINalytics

JANUARY 11, 2021

Atlanta, GA (January 12, 2021) – Chainalytics, a recognized global leader in data-driven supply chain consulting, announced today that it has received the 2020 Green Supply Chain Award from Supply & Demand Chain Executive.

Manufacturing Procurement 78

Manufacturing Procurement Supply Chain Strategy Procurement Sustainability 78

Enterra Insights

FEBRUARY 4, 2020

The consequences of the coronavirus outbreak are being felt throughout the global economy, with stock markets tumbling and companies beginning to to worry about their supply chains. Global supply chains are being affected. Air freight is already down 50% and we are seeing a backlog of shipping on the Yangtze River.”[3]

Supply Chain Planning Software 100

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Planning 100

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

Freight Manufacturing Procurement Supply and Demand Nevada 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

The Logistics of Logistics

OCTOBER 12, 2022

Anthony is the Chief Economist for FreightWaves , the leader in global supply chain market intelligence. Anthony Smith is the Chief Economist for FreightWaves, the leader in providing global supply chain market intelligence. Anthony Smith is the Chief Economist for FreightWaves, the leader in global supply chain market intelligence.

Analytics Software 182

Analytics Software Forecasting Software Logistics Network Optimization Software Supply Chain Software 182

GlobalTranz

JANUARY 22, 2018

Going back to the Industrial Internet of things (IIoT), the use of Internet-connected technology increases risk in manufacturing. billion in 2018 alone, reports Michael Kotelec of Manufacturing.net , and this will bring a strong, robust boost to efficiency and productivity in manufacturing. However, the risk is well worth it.

Manufacturing Procurement 199

Manufacturing Procurement Analytics Software Demand Planning Software Supply Chain Software 199