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?

Purchasing Skills 217

Purchasing Skills Price Reduction Freight Supply Chain Software 217

Logistics Viewpoints

MAY 26, 2023

And now on to this week’s logistics news. Target’s inventories at the end of the last quarter were 16 percent lower than the same period a year ago and Walmart cut inventories in its U.S. Inventories at U.S. The post This Week in Logistics News (May 20 – 26) appeared first on Logistics Viewpoints.

Negotiating Skills 202

Negotiating Skills Pricing Training Jordan Purchasing Training 202

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.

Negotiating Skills 52

Negotiating Skills Inventory Reduction Cost Reduction Strategies Price Reduction 52

Logistics Viewpoints

NOVEMBER 4, 2022

And now on to this week’s logistics news. Logistics industry growth slowed in October. The improvement is expected to be temporary, given that an aging workforce and freight demand are both projected to grow. A running joke in the movie was the unfortunate name of one of the main characters: Michael Bolton. The Save Mart Cos.

Logistics Network Optimization Software 199

Logistics Network Optimization Software Logistics Negotiating Skills San Diego 199

Logistics Viewpoints

AUGUST 19, 2022

And now on to this week’s logistics news. billion in inventory that “if we could just wave a magic wand, we’d make it go away today,” said chief financial officer John David Rainey. Walmart estimates that inventory is still 15 percent above optimal levels. Clearing the inventory will still take a couple of quarters.

Logistics Network Optimization Software 199

Logistics Network Optimization Software Supply Chain Planning Software Inventory Reduction Cost Reduction Strategies 199

The Logistics of Logistics

OCTOBER 19, 2022

Marc is the Co-founder and CEO of Fishtail, a Boston based fintech company that empowers freight forwarders to finance the movement and procurement of goods – for small and medium businesses (SMBs) around the world. The Logistics of Logistics Podcast. Check out The Logistics of Logistics on Youtube. Funding press.

Optimal Sourcing 224

Optimal Sourcing Procurement Solutions Logistics Network Optimization Software Boston 224

Supply Chain Matters

APRIL 7, 2023

Supply Chain Matters provides highlights of the March Logistics Manager Index which indicates that U.S. freight rates have reached their lowest levels in nearly six years. In essence, it is confirmation of a freight recession condition. percentage points below the February value of 54.7, All rights reserved. The post U.S.

Freight 52

Freight Manufacturing Procurement Supply and Demand Nevada 52

Supply Chain Matters

DECEMBER 6, 2023

Logistics Managers Index (LMI) that declined to contractionary level and reflecting rather noteworthy trending. The report authors indicated that this decline was the largest since the start of the ongoing logistics industry downturn that that occurred in April 2022. Supply Chain Matters highlights the published November 2023 U.S.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Trends Logistics Scenario Planning 52

PINC

AUGUST 28, 2020

According to a research study we recently conducted (to be published soon), companies recognize that having digital yard management capabilities provides a range of business benefits beyond the yard. labor / scheduling), improved customer service, reduced inventory, and reduced transportation costs (linehaul, detention, etc.).”.

Real-time Visibility 130

Real-time Visibility Logistics Network Optimization Software Optimal Sourcing Optimization Software 130

Talking Logistics

MARCH 17, 2023

I arrived at the office expecting to start a research project related to the semiconductor industry (where I had spent most of my career at that point, and what I had been hired to do). Read more The post Above the Fold: Supply Chain Logistics News (March 17, 2023) appeared first on Talking Logistics with Adrian Gonzalez.

Logistics Network Optimization Software 130

Logistics Network Optimization Software Logistics Supply Chain Study 130

SCMDOJO

JULY 24, 2023

Contract Logistics is a critical aspect of the supply chain that often remains behind the scenes but plays a significant role in ensuring the efficient movement and management of goods. Read More: 6 Logistics KPIs Attributes That are Essential ] What is Contract Logistics?

Logistics Network Optimization Software 90

Logistics Network Optimization Software Optimal Sourcing Negotiating Skills Inventory Management Software 90

ToolsGroup

MAY 17, 2016

Industry analysts have pointed out an obvious fit with inventory optimization. If retailers optimize their inventory—dynamically aligning their supply chains to changing customer preferences and behavior—they can position inventory to satisfy demand at the lowest possible cost.

Optimization Software 180

Optimization Software Omnichannel Inventory Reduction Supply Chain Optimization 180

GlobalTranz

OCTOBER 2, 2018

Yet, as few as 33 percent of shippers have taken advantage of a transportation management system (TMS), reports Michael of Levans of Logistics Management. What Are the Challenges in Managing E-Commerce Logistics? Going back to reverse logistics, consumers expect a hassle-free, cost-free returns process.

Logistics Network Optimization Software 198

Logistics Network Optimization Software Material Savings Vendor Strategies Cost Reduction Strategies 198

Supply Chain Matters

AUGUST 7, 2023

Supply Chain Matters highlights additional developments, evidence and added signs that reinforce that there will be no peak holiday focused surge in transportation and logistics in the latter half of 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.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Transportation Logistics Warehousing 52

The Logistics of Logistics

AUGUST 14, 2023

Bart is Chief Industry Officer at project44 where he drives supply chain industry thought leadership and supports customers with their logistics and supply chain strategies. A logistics industry thought leader with over 30 years of experience, Bart previously served as VP of Research at Gartner. The Greenscreens.ai

Gartner 197

Gartner Logistics Network Optimization Software Supply Chain Software Supply Chain Strategy 197

GlobalTranz

APRIL 27, 2017

How Big Is the Problem Of Inbound Freight Management? Inbound freight management is receiving a lot of attention as businesses continue to look for ways to manage shipping costs. A more efficient inbound freight program can minimize delays, save money and even reduce confusion. It is complicated, that’s why.

Negotiating Skills 144

Negotiating Skills Freight Vendor Strategies Cost Reduction Strategies 144

Supply Chain Matters

OCTOBER 19, 2023

Background For some time now, Supply Chain Matters has published viewpoints on the disruptive threat that online platform provider Amazon will and has had on both online and physical retail, but also package logistics, transport and last mile product fulfillment strategies surrounding many industry sectors.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Expense Reduction Inventory Reduction Cost Reduction Strategies 52

Supply Chain Matters

JULY 7, 2023

Logistics Managers Index (LMI) that again dropped to an all-time low for June 2023. According to the June report summary , the primary driver of the latest decline was the inventory metric, which reportedly contracted 6.5 Jason Price, Senior Research Director , U.S. Further, the current LMI value has slid 21.5

Negotiating Skills 52

Negotiating Skills Logistics Network Optimization Software Inventory Reduction Negotiate Pricing 52

Supply Chain Matters

JUNE 7, 2023

Logistics Managers Index (LMI) that dropped to an all-time low for May 2023. The May report narrative reinforced that “ the negatives seem to outweigh the positives in the logistics industry.” logistics industry continues in a state of recession. Supply Chain Matters highlights this week’s release of the U.S. The post U.S.

Negotiating Skills 52

Negotiating Skills Logistics Network Optimization Software Logistics Material Savings 52

Cathy Roberson

SEPTEMBER 7, 2021

Despite supply chain costs increasing and available capacity almost a rarity, retailers are undertaking a variety of ways to make sure they receive their inventory in time for the ever-important holiday season. “We feel good about the composition of our inventory. It's been difficult to plan inventory flow with much precision.

Inventory Reduction 92

Inventory Reduction Inventory Sourcing Strategies Retail 92

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. Logistics Managers Index. The takeaway for September was that global manufacturing activity officially fall below the 50.0

Inventory Reduction 59

Inventory Reduction Cost Reduction Strategies Warehousing Price Reduction 59

Freightos

OCTOBER 31, 2022

But then global freight kicked in. . It really got tricky when we hadover thousands of unitsin production and were starting to book freight and suddenly realized that the cost of freight was almost 4 or 5X what we had budgeted. Prior to the pandemic, only 26% who spent that much on logistics.

Supply Chain Planning Software 156

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

Cathy Roberson

AUGUST 15, 2022

Many retailers are feeling inventory pains despite assuring analysts that they're quite pleased with their inventory levels. Mind you, some retailers may indeed be pleased with their inventory levels, but others may be trying to figure out where to store the excess inventory since so many warehouses are beyond full.

Inventory Reduction 52

Inventory Reduction Resource Reduction Inventory Cost Reduction Strategies 52

Unleashed

JULY 25, 2023

The inventory turnover ratio measures how often stock is sold and replaced over time. It’s a vital inventory accounting metric for monitoring sales and managing perishable goods – without it, your business will struggle to operate efficiently and could start losing money fast. Inventory turnover is expressed as a financial ratio.

Inventory Reduction 52

Inventory Reduction Optimal Sourcing Inventory Price Reduction 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 197

Waste Reduction Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 197

Cathy Roberson

AUGUST 24, 2022

(photo credit: depositphotos.com) According to consulting firm McKinsey, funding for logistics startups almost doubled in 2021 compared to 2020. In total, McKinsey estimates that $80 billion in funding was made in logistics startups in 2021. · Increased costs “driven by cost of freight.”

Reverse Logistics 62

Reverse Logistics Logistics Network Optimization Software Las Vegas Logistics 62

ShipBob

DECEMBER 20, 2021

Regardless of what it was (new tube of toothpaste, dog treats for your pup, or a new filter for your water purification system), logistics is the system behind getting it into your hands. Many functions are required to complete this, including: Maritime, road freight, digital freight, truck, and/or air delivery services.

Logistics Network Optimization Software 97

Logistics Network Optimization Software Forecasting Software Supply Chain Planning Software Supply Chain Design Software 97

Unleashed

NOVEMBER 1, 2021

How is the logistics and supply chain management industry evolving – and what developments do you need to consider? Now they’re within the grasp of many organisations with a logistics or warehouse function. Read more: Supply chain management explained: methods in modern business 1. billion to $5.6 billion in 2021.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software Trends 98

The Logistics & Supply Chain Management Society

OCTOBER 15, 2023

In the article My Visit to Energy Observer – A Tour into the Future of Ocean Travel , I wrote how using the sun, the wind and the ocean’s own water was being used to send one research vessel around the world emissions free. Tim has held various positions with MNCs, gaining a wide knowledge and expertise in logistics operations.

Optimal Sourcing 162

Optimal Sourcing Supply Chain Planning Software Singapore Logistics Network Optimization Software 162

Cathy Roberson

SEPTEMBER 12, 2022

I missed sending out a post last week and really am sorry about that but…here’s my excuse…I was at the Reverse Logistics Association (RLA) Leadership Conference last week. One of the hats I wear these days is that of the research manager for RLA. Thanks for reading Rethinking supply chains! by industry and lots more.

Reverse Logistics 52

Reverse Logistics Inventory Reduction Logistics Network Optimization Software Supply Chain Design Software 52

Freightos

JANUARY 30, 2024

More Resources Home January 30, 2024 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market. America weekly prices increased 11% to $5.33/kg

Negotiating Skills 273

Negotiating Skills Optimal Sourcing Asia Europe 273

Supply Chain Game Changer

JUNE 3, 2021

Do you have a Freight Management Strategy or are you Spinning your Wheels? Finding out if your provider offers these next-level services are critical because they can make a significant difference in your overall logistics process. Types of Value-Added Service for Logistics and SCM. – Inventory Management.

Logistics Network Optimization Software 97

Logistics Network Optimization Software SCM Supply Chain Planning Software Supply Chain Design Software 97

GlobalTranz

APRIL 5, 2017

With the added pressure to lower costs to end-users, your customers, it’s no surprise that the need for increased scrutiny and cost reductions among inbound logistics partners, your vendors, has gone rogue. This is where an effective inbound logistics guide becomes important. Inbound Freight Management Means More Number and Analyses.

Vendor Strategies 123

Vendor Strategies Cost Reduction Strategies Inventory Reduction Logistics 123

GlobalTranz

FEBRUARY 23, 2022

In our white paper, 2022 Logistics and Supply Chain Trends and Outlook , we cover many of the lingering effects of the past two years, and the newest challenges truckload shippers can expect to face in the year ahead. Still, the e-commerce boom pushes more freight into trucks as shippers re-think inventory levels to meet omnichannel demands.

Trends 182

Trends Price Reduction Waste Reduction Inventory Reduction 182

GlobalTranz

AUGUST 15, 2018

There’s no other way to describe it: Artificial Intelligence (AI) is revolutionizing the world of logistics. For example, DHL analyzes 58 different parameters of internal data to create a machine learning model for air freight. In general, the predictive analytics solutions in logistics and supply chain are on the rise.

Logistics Network Optimization Software 135

Logistics Network Optimization Software Predictive Analytics Software Supply Chain Planning Software Optimal Sourcing 135

PINC

OCTOBER 7, 2020

Union City, CA – October 7 th , 2020 – Researched and prepared by Adelante SCM’s analyst Adrian Gonzalez and presented by PINC, the publication’s 2020 theme is The Impact Of Digital Yard Management on Enterprise Transportation Costs and Capacity.

SCM 130

SCM Report Logistics Network Optimization Software Supply Chain Network Software 130

GlobalTranz

DECEMBER 1, 2014

When you are prepared, typically, you have contingency, which also means you can absorb any issues that could possibly drive up costs in your logistics department. . Here are 5 tips to prepare any shipper to master the art of holiday logistics. Make your Inventory Omni-Channel. Benchmark DC Systems to Handle the Volume.

DC 244

DC Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Planning 244