Supply Chain Shaman

SEPTEMBER 3, 2015

We were discussing the results of the planning benchmarking work that we have just finished, and I was sharing some insights on inventory management when one of the panelists emphatically stated, “Inventory is a waste to manage. We feel so strongly about this that we do not have an inventory planning role.”

Waste Reduction 150

Waste Reduction Inventory Reduction Inventory Optimal Sourcing 150

Unleashed

SEPTEMBER 7, 2021

In this guide to barcodes in inventory management: In order to apply barcodes to inventory management, it is important to understand the basics of the barcode system. Hence, some companies will find corded barcode scanners to be all they need, where other companies require wireless scanners to support their online inventory management.

Inventory Management Software 96

Inventory Management Software Inventory Management Inventory Reduction Inventory 96

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. While global freight cost varies significantly by industry and transportation mode, it is a major cost component of internationally sourced products.

Optimal Sourcing 88

Optimal Sourcing Global Transportation Negotiating Skills Supply Chain Optimization 88

Logistics Viewpoints

JANUARY 21, 2021

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.

Predictive Analytics Software 345

Predictive Analytics Software Logistics Network Optimization Software Modeling Inventory Reduction 345

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

JANUARY 11, 2023

Last week, I gave the keynote presentation at the Dangerous Goods Symposium, sponsored by LabelMaster and the DG Exchange. In my presentation, I highlighted five key transportation trends that are changing supply chains from a technology standpoint. Inventory Management in a High Inflation Environment ; Clint Reiser.

Logistics Network Optimization Software 216

Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Design Software Forecasting Software 216

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. When we talk about global supply chain visibility we are referring to: .

3PL 54

3PL Freight Procurement Analytics Negotiating Skills 54

MIT Supply Chain

MARCH 8, 2021

Why the Truck Market’s Sharp Turn Caught the Freight Industry by Surprise The MIT FreightLab’s latest industry roundtable explored the drivers behind today’s extremely tight market for truck capacity and the broader implications for supply chains. However, in U.S. No one knows when supply and demand will be back in balance,” he said.

Freight 52

Freight Supply Chain Planning Software Industrial Industry 52

Zipline Logistics

JANUARY 4, 2022

For the second consecutive four-quarter period, the freight market faced continual capacity challenges as the global supply chain wrestled with the effects of the COVID-19 outbreak. Will these forces continue to play a part in the freight market in the coming year? Consumption Drives Freight Market Growth. percent in November.”

Freight 52

Freight Purchasing Skills Procurement Analytics Agile and Lean Supply Chain 52

The Logistics & Supply Chain Management Society

JULY 16, 2023

The areas that will be deliberated in future articles are ocean shipping market landscape, freight procurement, reliability & visibility and the competitive landscape. Our approach to freight procurement would also require a revisit as part of a risk management strategy. Adopting either of the extremes may not be desirable.

Risk Management 130

Risk Management Global Price Reduction Inventory Reduction 130

Supply Chain Shaman

FEBRUARY 16, 2024

The translation of ripple effects of short supply, pricing, quality issues, and freight shifts affects how to source, make, and deliver processes should align. The discussions are full of vacuous presentations and over-hyped promises. Shortening the cycle for demand insights is a powerful use case. Sensing and Proactive Alerting.

Supply Chain Planning Software 374

Supply Chain Planning Software Supply Chain Design Software Modeling Supply and Demand 374

SCMDOJO

MARCH 27, 2024

That includes inventory tracking, order management, demand forecasting, and logistics planning. We also present the reasons why we believe they should be at the top of your consideration list. #1 It encompasses a wide range of features from freight forwarding to brokerage. Cons: Focused on freight.

Supply Chain Design Software 69

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Forecasting Software 69

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

Parade

MARCH 3, 2021

In this article, we explore Invoice Reconciliation tools as a core piece of every digital 3PL/freight brokerage’s operations. This post is part of a , series of posts that aims to shed light on the many new and innovative freight tech solutions that empower freight brokers to transform digitally.

Supply Chain Software 148

Supply Chain Software Resource Reduction Waste Reduction Cost Reduction Strategies 148

AIMMS

OCTOBER 17, 2023

Overlooking sustainability can present substantial revenue risks, while embracing ESG (Environmental, Social, and Governance) principles can unlock a $2.1 Efficient inventory management Demand Forecasting: Use demand analytics to predict demand more accurately, thus reducing overstocking or stockouts. trillion opportunity.

Optimal Sourcing 156

Optimal Sourcing Supply Chain Planning Software Modeling Waste Reduction 156

Logistics Viewpoints

DECEMBER 5, 2022

The company is present in 38 nations and has more than 40,000 employees. Those shipments can move directly to customers or move to several regional distribution centers (DCs) that serve as forward inventory locations and consolidation hubs servicing customers and channel partners. It is part of Koch Industries. The Molex Supply Chain.

Agile and Lean Supply Chain 196

Agile and Lean Supply Chain Rail Software Manufacturing Procurement Supply Chain Planning Software 196

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

EMERGE App

AUGUST 22, 2019

Not Another List of Inventory Management Techniques. I want to start by saying that this is not an exhaustive list of all the possible inventory management techniques available for all industries. What we will cover are practical inventory management techniques that: Our customers use; and. Downside of Inventory Mismanagement.

Inventory Management Software 66

Inventory Management Software Inventory Management Inventory Reduction Inventory 66

Herlitz Inventory Management

MAY 26, 2021

Introducing a new and improved Freight Module in HIMPACT that will help you overcome new and rising shipping challenges. While life seems to be returning to normal for many, the shockwaves from COVID-19 are still presenting challenges for buyers. Most forecasting and inventory optimization solutions are limited in this capacity.

Shipping 52

Shipping Forecasting Freight Network Optimization 52

ToolsGroup

FEBRUARY 7, 2021

Especially, I would say when we were talking about the Amazon effect I would say now it’s present more than ever maybe even changing the word into the COVID effect. And digitalization is more than present. I think it’s more that the idea of sourcing and how to buffer certain inventory will be definitely more localized.

Predictive Analytics Software 295

Predictive Analytics Software Retail Modeling Forecasting 295

PINC

MARCH 30, 2020

A distribution channel phenomenon in which inaccurate forecasts quickly turn into supply chain inefficiencies, the “bullwhip effect” refers to increasing swings in inventory in response to shifts in customer demand as one moves further up the supply chain. How long can this boom in freight volumes last?”

Forecasting 130

Forecasting Forecasting Software Real-time Visibility Demand Planning Software 130

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. While global freight cost varies significantly by industry and transportation mode, it is a major cost component of internationally sourced products.

Optimal Sourcing 40

Optimal Sourcing Global Transportation Negotiating Skills Supply Chain Optimization 40

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

Logility

NOVEMBER 9, 2022

Powerful scenario analysis identifies optimal locations for future plants, warehouses or 3PL locations and quickly presents impacts to cost and service in an interactive environment. Determine the optimal scenario that minimizes total production, freight, inventory costs and meets service requirements.

Network Optimization Software 130

Network Optimization Software Network Optimization Modeling Optimization Modeling 130

Parade

MARCH 3, 2021

In this article, we explore Invoice Reconciliation tools as a core piece of every digital 3PL/freight brokerage’s operations. This post is part of a , series of posts that aims to shed light on the many new and innovative freight tech solutions that empower freight brokers to transform digitally.

Supply Chain Software 78

Supply Chain Software Resource Reduction Waste Reduction Cost Reduction Strategies 78

Parade

MARCH 3, 2021

In this article, we explore Invoice Reconciliation tools as a core piece of every digital 3PL/freight brokerage’s operations. This post is part of a , series of posts that aims to shed light on the many new and innovative freight tech solutions that empower freight brokers to transform digitally.

Supply Chain Software 78

Supply Chain Software Resource Reduction Waste Reduction Cost Reduction Strategies 78

ivalua

MARCH 31, 2020

But for businesses of just about every type, the disruptive impact of the epidemic was something more ominous: It presented an existential threat to their survival. For most consumers, it was a disorienting and anxious time. Retail shops and eateries everywhere saw their business drop off precipitously. But they’re also inevitable.

Supply Chain Design Software 130

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

ShipBob

MARCH 28, 2024

This method is key for businesses looking to manage inventory flexibly and save on upfront costs. Strategic inventory management Utilizing in-bond shipments and bonded warehouses allows businesses to optimize their inventory management. This enhanced visibility allows for better decision-making and more accurate forecasting.

Inventory Reduction 52

Inventory Reduction Supply Chain Design Software Inventory Management Software Cost Reduction Strategies 52

Enterra Insights

APRIL 18, 2024

Some call it ‘global resilience’ or ‘economic statecraft’ We call it ‘homeland economics’ The crucial idea is to reduce risks to a country’s economy — those presented by the vagaries of markets, an unpredictable shock such as a pandemic, or the actions of a geopolitical opponent.

Global 130

Global Cost Reduction Strategies Expense Reduction Inventory Reduction 130

Logility

MARCH 19, 2021

Drilling down, you’ll learn that demand planning, inventory, replenishment, manufacturing and Sales and Operations Planning (S&OP) capabilities are the building blocks of supply chain planning excellence. This presents a perfect opportunity to simplify packaging and finally reduce SKUs, resulting in fewer set-ups.

Beverage 144

Beverage Food Modeling Supply Chain Planning Software 144

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

TMC

MARCH 9, 2017

Even though the cost of shipping a container by rail can be more than double the cost of using sea routes, for certain products the higher cost can be offset by reductions in inventory costs. It’s also important to have access to local expertise when evaluating ways to shift freight to the new Silk Road. Financial Times, [link].

Cost Reduction Strategies 48

Cost Reduction Strategies Purchasing Training Inventory Reduction Negotiating Skills 48

TMC

MARCH 9, 2017

Even though the cost of shipping a container by rail can be more than double the cost of using sea routes, for certain products the higher cost can be offset by reductions in inventory costs. It’s also important to have access to local expertise when evaluating ways to shift freight to the new Silk Road.

Cost Reduction Strategies 48

Cost Reduction Strategies Purchasing Training Inventory Reduction Negotiating Skills 48

PINC

SEPTEMBER 25, 2020

However, besides the pandemic, logistics and transportation in general are ongoing challenges and still present a lot of other risks, including: Consumers are behaving differently. Increased use of digitized freight networks. Digitized freight platforms. Increasing demand for transportation. Increasing demand for last-mile.

Supply Chain Planning Software 100

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

Freightos

OCTOBER 18, 2017

That was my big take from Elevate , presented by Air Cargo World earlier this month. Harnessing cloud-based software to automate freight pricing. It was clear from the speakers that by and large, air freight technology and signs of innovation already here. The E-commerce Influence On Air Freight. The technology is there.

Cargo 125

Cargo Logistics Network Optimization Software Demand Planning Software Supply Chain Software 125

Talking Logistics

DECEMBER 4, 2017

And that was the main point of the keynote presentation: to illustrate to all the stakeholders in the HBM ecosystem (producers, suppliers, contractors, and haulers) the possibilities and opportunities that exist to elevate the way they communicate, collaborate, and orchestrate (plan and execute) their processes.

Material Savings 0

Material Savings Supply Chain Planning Software Conference Supply Chain Software 0

Turvo

JULY 20, 2021

Higher freight spend rates, increased accessorials and fees, and additional equipment costs are just some of the things that shipping exception management can help prevent. For example, consider these added benefits and how they improve operational excellence: Reduced freight spend rates with more savings overall.

Shipping 97

Shipping Inventory Reduction Supply Chain Planning Software Price Reduction 97