Elementum

JUNE 30, 2022

Welcome to Elementum’s Supply Chain Market Report. Supply Chain Market Report – July 2022 This edition will cover: The signs of looming stagflation How executives can prepare their supply chains The imminent problem of staffing shortages The latest use of drones in supply chain Notable changes in the leadership ranks.

Procurement Analytics 78

Procurement Analytics Supply Chain Design Software Supply Chain Software Supply Chain Planning Software 78

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. What’s the difference?

Inventory Reduction 52

Inventory Reduction Optimal Sourcing Inventory Price Reduction 52

Talking Logistics

JANUARY 9, 2019

With the national warehouse vacancy rate hovering at record lows and warehouses bloated with inventory pulled in from China during 2018 to get ahead of impending tariffs, companies can combine flexible storage options with advanced technology to create an end-to-end supply chain solution that works. during the third quarter to $7.21

Inventory Reduction 101

Inventory Reduction Inventory Warehousing Supply Chain Planning Software 101

Zipline Logistics

MAY 25, 2021

A new report from the Food Marketing Institute and Boston Consulting Group highlights the effects increased demand had on organizations in the CPG marketplace. It strained production functions and increased the need for trucking services, which led to falling performance metrics that rippled across organizations. cost per case.

Procurement Analytics 69

Procurement Analytics Food Report Optimal Sourcing 69

The Logistics of Logistics

JUNE 23, 2022

In addition, retailers are struggling to move inventory initially ordered in the first quarter of 2022 to make way for back-to-school and holiday merchandise. Shippers that do not yet have a plan in place are more likely to find most of their freight moving through the spot market in Q3 and Q4. Weather events might also be factors.

Supply Chain Planning Software 237

Supply Chain Planning Software Supply Chain Planning Scenario Planning Retail 237

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 Consequently, the warehousing capacity metric increased a reported 6.8 Similar trends were highlighted in our Supply Chain Matters summary of the May 2023 LMI report.

Negotiating Skills 52

Negotiating Skills Logistics Network Optimization Software Inventory Reduction Negotiate Pricing 52

GlobalTranz

MAY 20, 2015

When you choose a company to transport your freight or to supply you with the materials you need to manufacture a product, you are putting your hard work and reputation in their hands. The next posts in the series will break down metrics and issues to consider in SQM by industry and conclude with a case study on the application of SQM.

Procurement Analytics 120

Procurement Analytics Metrics Quality Supply Chain Planning Software 120

GlobalTranz

MAY 24, 2016

The ideal TMS can maximize the efficiency of a warehouse and directly affect inventory management. As a result, the amount of inventory can be managed to reflect the consumer demand. Freight Consolidation. Simplifies Reporting to Stakeholders. Mobile Access to KPIs and Metrics. Reduced Training Costs.

Purchasing Training 137

Purchasing Training Negotiating Skills Supply Chain Design Software Forecasting Software 137

Intelligent Audit

FEBRUARY 3, 2022

In freight auditing, freight audit advisors work with freight shippers to ensure that all charges are accurate and to prevent wasting money. Shippers can ensure they are getting the best possible rates from their carriers by working with a freight audit consultant. What Freight Auditing Is and Why It’s Important.

Freight 52

Freight Material Savings Resource Reduction Cost Reduction Strategies 52

3rdwave

JULY 20, 2020

Too often – make that almost always – importers and exporters (BCOs – Benefiticcial Cargo Owners) are dependent on their NVOCC, Freight Forwarder or 3PL (3PL) to provide them with visibility into their global supply chains. independent performance metrics and analytics for management decision support.

3PL 54

3PL Freight Procurement Analytics Negotiating Skills 54

Supply Chain Matters

JUNE 7, 2023

The reported May value of 47.3 The May report narrative reinforced that “ the negatives seem to outweigh the positives in the logistics industry.” not only described as a “ significant rate of contraction ,” but also the first time that this particular metric has reached such a low level. compared to the April value of 50.9,

Negotiating Skills 52

Negotiating Skills Logistics Network Optimization Software Logistics Material Savings 52

GlobalTranz

NOVEMBER 8, 2018

E-commerce spending will surpass $4 trillion annually by 2020, reports eFulfilmentService, accounting for approximately 15 percent of total global retail spending. Lackluster insight into freight spend and poor freight management controls. According to Webgility, these may include: Manual processes and activities.

Analysis 151

Analysis Data Forecasting Software Forecasting 151

ShipBob

APRIL 26, 2023

The upstream supply chain refers to the flow of inventory in the pre-production stage, mostly in relation to the organization’s suppliers. Moreover, 47% of companies also reported a disruption in their workforce due to the pandemic. It will also explore some of the best tactics to better manage this aspect of the supply chain.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Optimal Sourcing Supply Chain Planning 52

Arkieva

AUGUST 8, 2016

A new study by the SupplyChainDigest analyzing the main components of working capital: Days Sales Outstanding (DSO), Days Inventory Outstanding (DIO), and Days Payables Outstanding (DPO) revealed an uptick in DIO. Sustainable Freight Action Plan for California is estimated to Improve Freight Efficiency by 25% in 2030.

Sourcing Strategies 60

Sourcing Strategies Inventory Reduction Supply Chain Planning Software California 60

GlobalTranz

AUGUST 31, 2018

The 2018 State of Logistics Report , sponsored by 3PL Central , indicates warehousing models are evolving at a phenomenal rate. Using New Technology for Maximizing Warehouse Space Is the Solution New technologies and warehouse automation are poised to enable warehouse managers to increase inventory without necessarily increasing space.

Supply Chain Design Software 121

Supply Chain Design Software Warehousing Analytics Software Optimization Software 121

GlobalTranz

APRIL 5, 2017

If your vendors do not understand your organization’s policies and procedures regarding inbound freight , how can they adhere to your needs? This means that a near-majority of companies are faced with the pitfalls of internal, low-guidance systems for managing both inbound and outbound freight. Lack of Trading Partner Understanding.

Vendor Strategies 123

Vendor Strategies Cost Reduction Strategies Inventory Reduction Logistics 123

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. Please note that the authors indicated that with the April report, prior historic data was revised because of various normalization needs. Warehouse inventory levels are noted as remaining quite high.

Supply Chain Optimization 59

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

GlobalTranz

FEBRUARY 25, 2021

According to the Council of Logistics Management, it is “the process of planning, implementing, and controlling the efficient, cost effective flow of raw materials, in-process inventory, finished goods and related information from the point of consumption to the point of origin for the purpose of recapturing value or proper disposal.

Reverse Logistics 210

Reverse Logistics Logistics Network Optimization Software Material Savings Logistics 210

Unleashed

DECEMBER 2, 2020

A carefully calculated reorder point is therefore critical to good stock control, and keeps your key metrics looking healthy for your next inventory report. Growing product businesses should manage their stock using reliable inventory management software. How you can use the reorder point in your business. Go digital.

Procurement Analytics 85

Procurement Analytics Manufacturing Procurement Inventory Management Software Procurement Solutions 85

BlueYonder

JANUARY 24, 2023

Can we use premium freight? Do we need to carry excess inventory? And then in the tactical short-term horizon, how they get better visibility so that if a shipment is delayed, the sooner they know, the more options they have to look at as alternate sources or to expedite freight. Can we get the supplies from an alternate source?

Automotive 69

Automotive Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain 69

The Logistics & Supply Chain Management Society

APRIL 26, 2022

The Freightos Baltic Index Global Container Freight Index shows the cost of shipping freight remains hugely elevated – more than double the price a year earlier. In fact, global freight rates have increased tenfold since the start of the pandemic. And this was before the Russian invasion of Ukraine began.

Supply Chain Planning Software 246

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

ShipBob

JULY 2, 2021

By using a combination of technologies like AI, machine learning, and predictive analytics, online brands can manage complex supply chains by automating warehouse operations, improving delivery times, easily managing inventory, optimizing third-party communication, and creating new customer experiences that increase satisfaction and boost sales.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Sourcing Strategies 98

Supply Chain Cowboy

MARCH 1, 2015

But is your scorecard missing key metrics? It includes a free Excel template that you can modify to match exactly what metrics you want to measure. While some of these metrics might not apply to your business model, there’s definitely a few to add if they measure something important to you and your customers. Communication.

Vendor Strategies 40

Vendor Strategies Metrics Price Reduction Expense Reduction 40

GlobalTranz

DECEMBER 29, 2014

To that end, every warehouse manager’s role is to manage the physical environment, loadshifting equipment and people, to decrease the chances of collision and accidents, and often, to help the flow of freight via outbound and inbound freight management; an entire process known as warehouse traffic management. Read the full Post.

Logistics Network Optimization Software 243

Logistics Network Optimization Software Reverse Logistics Manufacturing Procurement Logistics 243

ThroughPut

FEBRUARY 23, 2024

A report by McKinsey shows that early adopters of AI in the supply chain have improved their inventory levels by 35%, reduced logistics costs by 15%, and enhanced service levels by 65%, vis-a-vis competitors who were slow to embrace AI. Inventory pile-ups. Unsold products on store shelves. Confusion around pricing and promotion.

Predictive Analytics Software 59

Predictive Analytics Software Supply Chain Planning Software Optimal Sourcing Predictive Analytics 59

Supply Chain Shaman

FEBRUARY 23, 2015

The people on the ground–my contacts in the 3PL, freight forwarding and transportation industry–know that the labor strife is only a part of the larger story. And, most report that the port authorities are sugar-coating the real issues. In my interviews, some say August. It is not trivial. The ships are getting larger.

Long Beach 150

Long Beach Los Angeles Supply Chain Design Software Supply Chain Design 150

American Global Logistics

DECEMBER 7, 2022

We had a hangover from the pandemic: Which led to continued inventory shortages, closures of manufacturing plants in China, congested ports, and underemployment. This was evident with the creation of a new report from the New York Federal Reserve. That report is the Global Supply Chain Pressure Index (GSCPI).

Russia 52

Russia Inventory Reduction Price Reduction Modeling 52

Stord

APRIL 7, 2019

Rail freight volumes continued to fall at the end of March alongside service outages due to flooding in the Midwest. These two ports will continue to research the feasibility of lower emissions from freight and equipment going forward. Delta reported a dip in air cargo freight last month compared to March of 2018.

Warehousing 60

Warehousing Kansas City Los Angeles New York City 60

Talking Logistics

MARCH 8, 2019

The latest example is Walmart “raising its delivery goal posts for suppliers, asking them to deliver more goods on time,” as reported by Jennifer Smith and Sarah Nassauer in the Wall Street Journal. Providers of real-time freight visibility solutions. Walmart ‘Tightens the Vice’ on On-Time In-Full (OTIF) Requirements.

Rail Software 101

Rail Software Logistics Network Optimization Software Real-time Visibility Demand Planning Software 101

Unleashed

FEBRUARY 21, 2024

It covers every aspect of dealing with customer returns, including policy management, reverse logistics, customer service, returned goods inventory management , and developing strategies to reduce return rates. This may involve freight partners. Returns management is the process which governs returned goods from customers.

Inventory Management Software 52

Inventory Management Software Inventory Reduction Cost Reduction Strategies Material Savings 52

GlobalTranz

APRIL 14, 2017

Traditional challenges, like managing updates, integration between different systems and multi-location deployment, can be overcome through cloud-based TMS , reports Merrill Douglas of Inbound Logistics. This means managing shipments and inventory can be simplified and taken with you, giving you renewed freedom in operating your business.

Analytics Software 122

Analytics Software Forecasting Software Predictive Analytics Software Vendor Strategies 122

Intelligent Audit

DECEMBER 29, 2021

Air freight Is Rising. Air freight rates have been a major story throughout 2021. kg, according to the Freightos Air Freight Index. Most importantly, the air freight index runs approximately one week behind, so the real impact of the Christmas Week Showdown—the immediate days leading up to the holiday, is still unavailable.

Shipping 52

Shipping Los Angeles Houston New York 52

Supply Chain Shaman

JANUARY 28, 2015

In our work on the Supply Chains to Admire report , we tracked the progress of manufacturing, retailing and distribution companies for the period of 2006 to 2013 and 2009-2013. We then rated companies on their ability to manage and improve a portfolio of metrics: operating margin, inventory turns and Return on Invested Capital (ROIC).

Supply Chain Design Software 150

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Cost Reduction Strategies 150

Unleashed

MAY 1, 2023

Protecting profit margins from ALC inflation ALC (Average Landed Cost) is a crucial metric in demand forecasting and inventory valuation. The main contributing factor to that was the cost of freight. This echoes our experts’ earlier statements about the importance of understanding your ALCs and other key business metrics.

Forecasting 96

Forecasting Supply and Demand Modeling Forecasting Software 96

SupplyShift

JUNE 10, 2020

The service economy is showing signs of life , and data reported to the SupplyShift platform show supplier sentiments are trending in a positive direction. Employee availability remained relatively high throughout the period, with 68 percent of respondents reporting employee availability of 90 percent or higher.

Vendor Strategies 52

Vendor Strategies Inventory Reduction Cost Reduction Strategies Supply Chain Planning Software 52

SupplyShift

JUNE 10, 2020

The service economy is showing signs of life , and data reported to the SupplyShift platform show supplier sentiments are trending in a positive direction. Employee availability remained relatively high throughout the period, with 68 percent of respondents reporting employee availability of 90 percent or higher.

Vendor Strategies 52

Vendor Strategies Inventory Reduction Cost Reduction Strategies Supply Chain Planning Software 52

Supply Chain Shaman

MAY 13, 2015

I knew nothing about the world of logistics, inventory management and order optimization. This is difficult for the average company since only one in two supply chains have source, make and deliver reporting through the same organization (reference Figure 1). In this evolution, cash, information, and inventory flows grow in importance.

Supply Chain Design Software 150

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Agile and Lean Supply Chain 150