The Logistics & Supply Chain Management Society

AUGUST 19, 2022

With regard to IoT, DB Schenker is equipping classic logistics infrastructure like freight containers, trucks, or department stores with sensor technology to systematically record all data points of a logistics shipment. Each party needs to have security shored up, or else any of them can leave weaknesses that can compromise the entire group.

Supply Chain Disruption 246

Supply Chain Disruption Optimal Sourcing Supply Chain Software Agile and Lean Supply Chain 246

Supply Chain Matters

OCTOBER 12, 2022

Indicated in the report summary was: “ The sustained growth in the logistics industry continues to be fueled by high levels of inventory and the associated levels of cost and utilization associated with holding them. According to the September report , growth is increasing for inventory levels, inventory and warehousing costs.

Inventory Reduction 59

Inventory Reduction Cost Reduction Strategies Warehousing Price Reduction 59

Zipline Logistics

MARCH 30, 2021

Following an unprecedented downturn, the freight market has posted an almost full calendar year of impressive growth spurred by demand from a few sectors of the domestic economy. The second half of the past quarter was highly atypical and posted freight volumes that vastly exceeded those generally seen during peak season.

Freight 52

Freight Manufacturing Procurement Los Angeles Purchasing Skills 52

Logistics Viewpoints

MARCH 2, 2023

Freight rates have plummeted, brokerages are struggling, and the industry is still bloated with excess inventory. With the right data you can reduce your overall transportation costs, both accessorial costs and overall freight spend. Closer to home for supply chain professionals, driver shortages continue to plague the industry.

Waste Reduction 196

Waste Reduction Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 196

Supply Chain Matters

APRIL 4, 2024

Accenture Acquires Global Logistics Consulting Firm Flo Group Global based consulting and other services firm Accenture has reportedly acquired European based global logistics consulting services firm Flo Group. The existing 280 Flo consultants will be part of the Accenture Oracle Business Group.

Supply Chain Design Software 40

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software 40

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. achieving the same overall customer service level objective with far less inventory expense. percent, etc.,

Supply Chain Planning Software 227

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Modeling 227

Logistics Viewpoints

OCTOBER 31, 2022

at the ZF Group, about their digital supply chain transformation journey. at the ZF Group. Lean cuts inventory out of the supply chain. But when things go wrong, lean can lead to large losses in sales because there are no just-in-case inventory buffers. ZF Began their Digital Resilience Transformation 20 Years Ago!

Agile and Lean Supply Chain 197

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

Freightos

NOVEMBER 11, 2021

Late 2021 saw Maersk continue to shift towards vertical integrations, with acquisition of Senator, a German freight forwarder for $644 million dollars. While Facebook is looking at virtual reality, Alibaba and Amazon are looking more at freight. More on Maersk’s transition to an end-to-end provider can be found in this 2020 report.

Price Reduction 177

Price Reduction Logistics Network Optimization Software Cost Reduction Strategies Expense Reduction 177

ToolsGroup

AUGUST 1, 2022

Returns come with plenty of challenges around logistics, inventory, and predicting volatile sales trends. As Burt Flickinger, Retail Expert and Managing Director at retail consultancy Strategic Resource Group shared with CNN , “For every dollar in sales, a retailer’s net profit is between a cent to five cents.

Retail 296

Retail Optimal Sourcing Purchasing Skills Procurement Solutions 296

Supply Chain Matters

AUGUST 6, 2022

Inventory levels reportedly increased more than 33 percent during the quarter, a reflection of what was described as an aggressive buying strategy amid supply chain disruptions. At the time, Bloomberg cited sources indicating that U.S. © Copyright 2022, The Ferrari Consulting and Research Group and the Supply Chain Matters® blog.

Inventory Reduction 83

Inventory Reduction Cost Reduction Strategies Report Supply Chain Design Software 83

GlobalTranz

FEBRUARY 2, 2015

So why do we feature content related to Vendor Managed Inventory? In a VMI model, part of the equation is the inbound & outbound flow of the inventory. Inventory is then put on pallets and shipped as freight. ” Vendor Managed Inventory Model: A Quick Back Story. The Evolved Vendor Managed Inventory Model.

Vendor Strategies 120

Vendor Strategies Inventory Reduction Modeling Software Modeling 120

Supply Chain Matters

JULY 15, 2022

This Ferrari Consulting and Research Group advisory brief provides added perspectives on premium personal fitness equipment and services provider Peloton Interactive , the litany of events that have surrounded the company, and some lessons acquired. Sourcing was both a cost as well as landed cost decision factor.

Sourcing Strategies 105

Sourcing Strategies Cost Reduction Strategies Expense Reduction Inventory Reduction 105

The Logistics & Supply Chain Management Society

MARCH 16, 2021

Better demand sensing, shifts in customer behaviours, predictive/prescriptive case studies, shift in inventory stocking strategy and customer service. Visibility into Tier I, II and III suppliers, de-risk by developing alternates, build practical BCPs (business continuity plans) and China + 1 sourcing strategy. Manufacturing Planning.

Pharmaceutical 246

Pharmaceutical Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Software 246

Supply Chain Shaman

SEPTEMBER 10, 2020

Today, the bellies of the airplanes are full, and the cost of air freight is too high for many manufacturers. While many companies attempt to improve the response by being reactive on traditional data sources, this is not the answer. The evolution spawns a group of technologies that are outside-in and cross-functional.

Supply Chain Planning Software 395

Supply Chain Planning Software Supply and Demand Supply Chain Design Software Supply Chain Software 395

SYSPRO Smarter ERP

NOVEMBER 3, 2021

Industries experienced severe operational and financial consequences with issues like supply shortages, supply and demand surges, inventory shortfalls and reduced productivity. It measures the amount of elapsed time from when an order is accepted to when the product is produced and entered into finished goods inventory. Outbound KPIs.

Manufacturing Procurement 105

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

The Logistics & Supply Chain Management Society

SEPTEMBER 21, 2022

We can help business leaders by providing insight on the environment benefits or disadvantages of their different sourcing options to start with, but after that comes the physical moving of goods. He crafted delivery solutions for e-commerce clients and managed supply chains for several chemical and freight forwarding companies.

Supply Chain Design Software 246

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Forecasting Software 246

Logistics Viewpoints

SEPTEMBER 28, 2021

Real-time transportation visibility platforms tell shippers and their broker/carrier partners where their freight is at any point on its journey. Until we have this kind of pervasive visibility, inventory management will continue to be largely an exercise in futility. And what is sitting in the warehouse. And at the cross-dock.

Rail Software 188

Rail Software Real-time Visibility Supply Chain Planning Software Supply Chain Design Software 188

Supply Chain Matters

DECEMBER 28, 2023

Timely Industry Example- Online Retail and E-Commerce With increased importance of online retail, E-Commerce or services-centric business models, enhanced coordination of customer focused fulfillment and inventory management has taken on special emphasis. and specifically increased demand for many forms of pandemic related consumer goods.

Supply Chain Planning Software 59

Supply Chain Planning Software Supply Chain Network Software Supply Chain Design Software Supply Chain Software 59

Logistics Viewpoints

NOVEMBER 29, 2023

ARC Advisory Group, the company that I work for, releases a number of market studies on a number of technologies. Warehouse Management Systems A WMS ’s primary mission is to manage a warehouse’s resources, including inventory, space, labor, equipment, tasks, and material flows. TMS encompasses solutions for moving freight in all modes.

Optimal Sourcing 248

Optimal Sourcing Optimization Software Forecasting Software Demand Planning Software 248

Precoro

MAY 19, 2023

In this article, we are covering key metrics, divided into the following categories based on the supply chain step they refer to: Inventory Logistics Customer order fulfillment Quality Inventory Metrics A company’s inventory encompasses raw materials used for production, as well as the produced goods available for sale.

Procurement Analytics 98

Procurement Analytics Metrics Supply Chain Planning Software Supply Chain Software 98

Supply Chain Matters

AUGUST 11, 2022

The Ferrari Consulting and Research Group shares a Part Three commentary addressing our mid-year assessment of published 2022 Predictions for Industry and Global Supply Chains made available at the beginning of 2022, and specifically addressing supply chain cost inflation implications.

Predictive Analytics Software 52

Predictive Analytics Software Supply Chain Planning Software Cost Reduction Strategies Supply Chain Strategy 52

Supply Chain Matters

AUGUST 7, 2023

While 209,000 workers were added in June, 14,000 freight and parcel carriers were cut and 6,900 warehousing and storage jobs were lost. The July PMI report further pointed to current inventory levels being at their lowest point in the history of this index, and based on July data, is still an ongoing process.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Transportation Logistics Warehousing 52

USC Consulting Group

NOVEMBER 9, 2021

Expediting freight or delaying order fulfillment are commonly used tactics. If you have a low margin product, premium freight can wipe out profits. Stocking up on inventory is a common response to disruptions, however warehouse and storage space can be a constraint requiring investment in facilities and equipment. PRODUCTION.

Supply Chain Planning Software 40

Supply Chain Planning Software Material Savings Supply Chain Planning Supply Chain Software 40

Supply Chain Matters

APRIL 4, 2023

However, we discern some added signs excess inventories and of production sourcing shifts. Source: S&P Global, April, 2023 Highlights of Regional Reporting Developed Regions Eurozone The S&P Global Eurozone Manufacturing PMI® fell again in March to a value of 47.3 compared to the February value of 48.5,

Manufacturing Procurement 52

Manufacturing Procurement Manufacturing Global Purchasing Skills 52

Supply Chain Matters

JULY 7, 2023

According to the June report summary , the primary driver of the latest decline was the inventory metric, which reportedly contracted 6.5 The prior sins of inventory excesses or bullwhip effects are now being addressed and as noted, the right sizing of inventory to anticipated product demand levels is now underway.

Negotiating Skills 52

Negotiating Skills Logistics Network Optimization Software Inventory Reduction Negotiate Pricing 52

Supply Chain Matters

JUNE 7, 2023

Noted was a late May decline, largely driven by a more pronounced shift in inventories in the second half of May, reflecting a higher rate of expansion in the first half. Further, the report indicates that many consumer goods firms reportedly achieved the inventory wind down they strove for throughout 2022. All rights reserved.

Negotiating Skills 52

Negotiating Skills Logistics Network Optimization Software Logistics Material Savings 52

Enterra Insights

JANUARY 31, 2022

They write, “Mainstream news reports are full of claims that supply chains are broken, citing widespread product shortages, overflowing ports and spiking freight costs. They write, “When supply chain issues first surfaced earlier this year, the initial culprit was a lack of inventory. ”[3]. ”[5]. Footnotes. [1]

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Supply and Demand 130

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. Vincent Clerc, the new incoming CEO of Maersk indicated to Bloomberg: “ The world is facing a significant inventory adjustment after a period where demand has been absolutely exceptional.

Negotiating Skills 52

Negotiating Skills Inventory Reduction Price Reduction Cost Reduction Strategies 52

Supply Chain Matters

MAY 30, 2023

freight and logistics recession , we called attention to reports that the Logistics Manager Index (LMI) for April reached an all-time low of 50.9, freight and logistics recession , we called attention to reports that the Logistics Manager Index (LMI) for April reached an all-time low of 50.9, This recent April data reinforce that U.S.

Manufacturing Procurement 52

Manufacturing Procurement Procurement Analytics Taiwan New York 52

ivalua

MARCH 31, 2020

And even if an order from an overseas supplier were to be filled, delivery issues would be compounded by the declining number of air and ocean freight options to move products into the U.S. By mid-March, just as the incidence of coronavirus victims was growing in countries across the globe, its spread showed signs of slowing in Wuhan.

Supply Chain Design Software 130

Supply Chain Design Software Agile and Lean Supply Chain Manufacturing Procurement Supply Chain Software 130

Talking Logistics

NOVEMBER 19, 2014

Smarter means taking a truly holistic perspective across the supply chain, across functional groups and trading partners, and across strategic, tactical, and operational planning horizons. This lead to high inventory carrying costs at some stores and out-of-stocks at others. So, what’s been the problem? A key constraint has been speed.

Case Study 176

Case Study Optimal Sourcing Study Supply Chain Planning Software 176

Intelligent Audit

OCTOBER 27, 2022

What does that mean for a shipper dealing with hundreds or thousands of freight invoices monthly? . Shippers can get a handle on their expenses by tracking freight invoices and improving their logistics strategy. . Does the data come from a variety of different sources? Inventory Predictions.

Big Data 52

Big Data Predictive Analytics Analytics Software Optimal Sourcing 52

Supply Chain Matters

JANUARY 10, 2023

The Ferrari Consulting and Research Group through its affiliate the Supply Chain Matters blog shares select individual prediction snapshots that are included in our annual 2023 predictions for industry and global supply chains research advisory. A published Future of Freight study sponsored by Deloitte in September 2022 indicated that U.S.

Predictive Analytics Software 52

Predictive Analytics Software Resource Reduction Cost Reduction Strategies Manufacturing Procurement 52

Talking Logistics

AUGUST 7, 2015

Freight Startups Attract Silicon Valley’s Attention ( WSJ – sub. Our ability to expand same-day delivery is rooted in local merchandise inventories at Macy’s stores, as well as a newly expanded delivery footprint of our partners at Deliv [emphasis mine].”. Cargo Chief Cracks the Code on Transportation Capacity.

Logistics Network Optimization Software 100

Logistics Network Optimization Software Forecasting Software Forecasting Optimal Sourcing 100

Logistics Viewpoints

AUGUST 12, 2022

Earlier this week, the company announced that it will acquire Italy’s Bomi Group, which provides global healthcare logistics services. It covers 37 states and parts of Canada through a fleet of more than 150,000 crowd-sourced drivers, it says. Trucking firms raise pay, offer bonuses to find new drivers. That’s all for this week.

Logistics Network Optimization Software 226

Logistics Network Optimization Software Modeling Logistics San Antonio 226

Supply Chain Matters

MAY 23, 2022

The authors point to the delivery time disruptions occurring in China , an increase in air freight costs from the U.S. At this point the overall numbers suggest that the freight market is regressing back towards the mean.”. Warehouse inventory levels are noted as remaining quite high. points above April’s reading).

Supply Chain Optimization 59

Supply Chain Optimization Supply Chain Planning Software Supply Chain Software Supply Chain Strategy 59

Supply Chain Matters

OCTOBER 10, 2023

This start-up was founded by Matt McKinney and Shaosu Liu, both of whom had backgrounds at Uber Freight and decided to tackle the massive problem of building a new structure for the legacy freight payment system that supports the global supply chain. All rights reserved.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Prescriptive Analytics Software 52