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If so, optimizing your inventory management strategy can be a game-changer. This method offers a solution to various inventory and shipping challenges for businesses just like yours. Below, we outline three ways blind shipping can help optimize your logistics, keep inventories healthy and save you money!
What’s the Difference Between Freight Management and Logistics Management? In today’s world, where globalization and international trade play an increasingly important role, efficient freight management is becoming a key aspect of success for many companies. The post How Do Companies Manage Their Freight?
Businesses are responding with production shifts, supply chain diversification, inventory stockpiling, and trade route adjustments in efforts to lessen the financial burden and avoid long-term instability. Retailers and e-commerce giants like Amazon are stockpiling key inventory, preparing for potential further trade restrictions.
OTR freight represents a long-standing aspect of supply chain operations and transportation management. Th is blog post covers the critical ways strategic partnerships can help supply chain managers achieve optimal OTR management for their freight. Carrier Vetting for OTR Freight . Remote Tendering and Shipment Execution .
Richard Lebovitz and Joe Lynch discuss leading inventory attack teams. Richard is the CEO of LeanDNA , a purpose-built analytics platform for factory inventory optimization. About Richard Lebovitz Richard Lebovitz is the CEO of LeanDNA , a purpose-built analytics platform for factory inventory optimization. The Greenscreens.ai
Demand Forecasting: Algorithms improve procurement planning by integrating live inputs like point-of-sale data, promotions, inventory levels, seasonality, and even weather data. AI systems help logistics teams manage fleet routing, freight planning, and vendor performance with greater precision.
Home Container rates surging as shippers rush ahead of deadlines – June 10, 2025 Update The Freightos Weekly Update keeps you informed on international freight with key economic data, demand trends, and rate insights. Start your week with the industry insights others miss. "
If your business depends on freight shipping, you've likely felt the effects of a world that seems to change overnight. When tariffs rise, fuel prices spike or international trade agreements shift, those cause ripples across all freight modes — truck, air, rail and ocean. Natural disasters. Tariff swings.
Similarly, shifting freight from road to rail or waterways offers lower-emission alternatives for long-haul transport. Technologies such as artificial intelligence, IoT, and predictive analytics enable smarter inventory management, real-time tracking, and predictive maintenance, reducing waste and costs.
Road freight alone accounts for approximately 7% of global CO2 emissions, with maritime and air transport further amplifying the environmental burden. Key strategies include: Electrification of Transport: The use of electric vehicles (EVs) for freight and last-mile delivery reduces emissions and operational costs.
It's rapidly gaining popularity in the freight shipping world as businesses look to cut costs and streamline their logistics operations. Whether you're fulfilling large freight shipments or smaller orders, blind shipping offers several key advantages that can enhance your logistics strategy and drive your business forward.
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? Are Ocean Freight Prices Absolutely Broken?
The global supply chain is routinely beset by challenges, both large and small, but the past couple of years have delivered a string of significant logistics disruptions that have threatened to upend the tightly choreographed dance of global freight transportation. That’s starting to change. More and more large U.S. In the U.S.,
Leading organizations are building supply chains that are less exposed to single points of failure, more informed by real-time data, and more able to adjust sourcing, inventory, and routing based on current conditions. The Shift Toward Resilience The strategic conversation is beginning to shift. These adjustments are not theoretical.
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?
However, as air freight rates climb and capacity tightens and questions regarding the future of US de minimis, interest in ocean freight services is on the rise. Indeed, over the past couple of years, online platforms have introduced ocean freight services that target SMBs. fulfillment center network.
It leverages historical data, competitive intelligence, and external factors to guide inventory planning and resource allocation. Master supply chain forecasting for intermittent demand As consumers demand an increasing variety of product options, it results in more intermittent demand and slow-moving inventory.
It leverages historical data, competitive intelligence, and external factors to guide inventory planning and resource allocation. Master supply chain forecasting for intermittent demand As consumers demand an increasing variety of product options, it results in more intermittent demand and slow-moving inventory.
Download Executive Summary Transportation Execution Systems Digital freight is here. Unpack the platforms powering smart freight routing, carrier management, and cost control. Download Executive Summary Warehouse Management Systems (WMS) Beyond inventory: WMS is the control tower of modern fulfillment. Start with a summary.
More Resources Home Red Sea Crisis and Early Peak Season Surge Disrupt Global Supply Chains for some SMBs Judah Levine July 24, 2024 Since early May, supply chains have faced significant disruptions due to congestion caused by Red Sea diversions and an early start to ocean freight’s peak season.
Freight Rates 2019-2021. As a result, companies plug along planning based on historic lead times and freight rates which as you can imagine is doomed for failure. The need for data synchronization increases with the growth of nodes, the increase of the number of parties handling the freight, and the use of multiple modes of transport.
The manufacturing industry faces many challenges, such as a skilled labor shortage, supply chain instability, and inventory management issues. And moving materials and products was made difficult, especially at the start of the pandemic, due to closed borders, limited air freight, and driver shortages.
This might involve consolidating shipments, reducing excess inventory or adjusting delivery schedules to reduce costs. GlobalTranz has over 30 years of expertise in the logistics industry and helps thousands of freight shippers of all sizes move products with great efficiency.
Poor granularity means shippers do not know where to prioritize their fulfillment strategies, and that may be more likely to disproportionately distribute inventory. Traditional Inventory Replenishment Strategies No Longer Work. Therefore, it is easier to increase the volume of freight moving across both inbound and outbound channels.
Indicator 1: It’s Difficult to Track Your Inventory From Suppliers Through Final Mile. Inventory tracking and visibility must be present from the first mile through the final mile, reflecting the entire shipment lifecycle through white glove services. Indicator 2: Freight Spend Seems to Be Spiraling Out of Control.
Disruption has been the name of the game for more than a year as supply chain leaders have been dealing with changing buyer behaviors, inventory management challenges, labor shortages, weather and pandemic-related uncertainty, cyber security threats and capacity constraints that continue to create significant supply chain volatility.
Of course, more data amounts to increased visibility and, therefore, actionability to prevent disruptions from contributing to higher freight spend. truck border crossing times), inventory levels, demand forecasts, and capacity constraints, both internally (e.g., This will require integrating logistics market information (e.g.,
An efficient supply chain strategy is one that takes every aspect of your supply chain into account, from inventory management and warehouse design to freight tendering and transport optimisation. Inventory Management The key starting point is implementing proper ABC analysis, and you need to look at it from multiple angles.
Walmart’s On-Time In-Full initiative is a compliance measure designed to ensure that freight arrives at a Walmart store or distribution center when it was supposed to, in the quantities expected. Uber Freight is a major provider of managed transportation services. Uber Freight is also able to track both on-time and in-full.
The dynamic could represent an improving freight market, but it also reflects transportation companies offsetting higher operating costs through rate increases. Inventory costs (78.4) percentage points even as growth in inventory levels (51.5) Inventory levels moved slightly into contraction in the back half of the month.
Higher freight volumes. Stronger freight volumes are expected as pent-up demand from consumers, retailers, and manufacturers reaches an apex. Shrinking capacity from higher freight volumes results in higher rates throughout peak season and beyond. This is not the usual peak season, and it started much earlier than in 2020.
Indicator 1: It’s Difficult to Track Your Inventory From Suppliers Through Final Mile. Inventory tracking and visibility must be present from the first mile through the final mile, reflecting the entire shipment lifecycle through white glove services. Indicator 2: Freight Spend Seems to Be Spiraling Out of Control.
North American Transborder Freight up 23.8% The more cautious outlook is driven by wage and inflationary pressures, as well as increased freight costs. The US Department of Transportation reported that transborder freight between the U.S. billion of freight, up 15.7% billion of freight, up 20.9% billion, up 23.8%
The implication for global freight beyond the now typical uncertainty is predictably elevated operational costs and soaring freight rates. This optimism is buoyed by the fact that 55% of importers have their inventories in check, anticipating a stronger freight demand in the coming year.
End-to-End Solutions Tailored for Beverage: From managing vast inventories to ensuring timely distribution, Bettaway provides comprehensive logistics solutions that are specifically designed to support the unique demands of the beverage industry, as evidenced by their work with Arizona Ice Tea.
WFS is a third-party marketplace for sellers initially rolled out in 2020 to boost revenue through existing e-commerce infrastructure, which has since added an inventory-focused offering to the platform. according to the Walmart Marketplace website. Cargo imported into the U.S. are then directly transported to a Walmart fulfillment center.
Lower inventory costs: Increasing the accuracy of transportation lead times will reduce safety stock levels and warehousing costs by eliminating unnecessary inventory that’s used as a hedge against transportation uncertainty. Companies are able to allocate resources more efficiently.
Amidst ongoing uncertainty caused by COVID-19 lockdowns in Asia, war in Europe, scarce raw materials and steep inflation, companies are stockpiling inventory as never before in the hopes of mitigating future supply chain shocks. As soon as inventory hits the yard, it gets lost in a shuffle of trailers.
The benefit is that it does not matter where an order originates; all fulfillment channels have access to the information and the retailer can appropriately allocate the inventory depending on stock levels, demand requirements, and timing of fulfillment. Planning and execution is focused on freight moves involving a carrier.
Transportation Management Challenges in E-Commerce Although e-commerce represents an excellent opportunity for shippers, it results in the creation of additional challenges in managing freight spend and moving products. This is regardless of whether freight consolidation was used or not. Lowered freight spend.
As a result, many shippers are revising their strategy from just-in-time inventory to just-in-case based on the hard lessons of the past two years. In colder months, Protect From Freeze services could add cost to your rate and time to your transit, as carriers attempt to reroute equipment to protect freight from extreme temperatures.
Inventories in the chemical industry are at record lows: a forerunner of bad days ahead. Hazardous freight is the most likely to get “rolled” at the dock. On the one hand, we should celebrate the fact that the aggregate industry moved 38% more freight in 2021 when compared to 2019. Time For Action. What can we learn?
Verusen utilizes advanced data science and artificial intelligence to harmonize disparate material data across multiple enterprise systems to provide complex supply chains with material truth for supply and inventory planning and procurement intelligence. Greenscreens.ai’s dynamic pricing infrastructure built to grow and protect margins.
This new system of inventory management will go into effect on March 1, and will replace weekly restock limits that Amazon used for calculating FBA storage. Directors at Amazon agencies and accelerators said that these new changes will help sellers forecast inventory better. This could be a slow, messy year for freight.
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