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. The April report commentary took note that European and U.S.

Negotiating Skills 52

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20Cube Logistics

FEBRUARY 17, 2022

The rapid rate of technological change and faster access to a greater amount of data are resulting in a transformation of the freight forwarding process. This involves procuring details of shipments at various times, and various legal requirements. Considering cost-saving opportunities such as freight consolidation.

Freight 75

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Supply Chain Game Changer

OCTOBER 29, 2020

Do You Have Hidden Freight Costs? Freight sourcing team article and permission to publish here provided by Katharine Barrios at xeneta.com. Freight sourcing and procurement is a critical component of the whole supply chain and is crucial to the success of the business. Use of Freight Rate Benchmarking.

Sourcing Strategies 75

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NC State SCRC

MAY 30, 2022

The report was published in the last month, and reflects some of the increasing challenges and disparities that exist between procurement and supply chain executives. In this study, we explore the primary forms of misalignment that exist between supply chain and procurement executives. (We

Supply Chain Execution 98

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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

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The Logistics & Supply Chain Management Society

AUGUST 20, 2020

Organisations that have successfully implemented RPA initiatives report cost savings of up to 80% and time savings of up to a staggering 40%. Procurement. Procurement can also have RPA do dynamic searches of websites to source or conduct market research for future buys and tenders. Inventory Management. Contract Review.

Supply Chain Software 246

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Supply Chain Matters

OCTOBER 12, 2022

The reported September value of 1.05 Report authors indicated that the September decline was quite broad-based. Further reported was that this index’s year-to-date movements suggest that global supply chain pressures are beginning to fall back in line with historical levels. was below the August value of 1.51 for September.

Inventory Reduction 59

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Supply Chain Matters

SEPTEMBER 6, 2022

The Wall Street Journal reported this week (Paid subscription or metered view) that ocean container freight rates related to the most active global shipping lanes continue to decline amid what is traditionally considered the peak shipping period leading up to the holiday fulfillment season in the November-December period. Bob Ferrari.

Report 52

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Logistics Viewpoints

FEBRUARY 26, 2024

Interos reports using AI to continuously map and monitor 400 million plus companies, billions of relationships and attributes, against multiple risk signals. Dr. Runkle reports that Interos has been a responsive partner and is pleased with the solution. So, suppliers were asked if they used carriers or their own trucks to haul freight.

Supply Chain Planning Software 249

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Logistics Viewpoints

MARCH 2, 2023

Much of this newfound optimism is attributable to a record jobs report in January – and yet we’ve seen a spate of layoffs in tech and other industries. Freight rates have plummeted, brokerages are struggling, and the industry is still bloated with excess inventory. Faster order-to-cash.

Waste Reduction 197

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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

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Supply Chain Matters

AUGUST 22, 2022

In this Supply Chain Matters industry specific commentary, we make the observation that retail industry sales and operations planning and demand support teams, given the current state of recent business financial performance, need to up their game in supply network inventory management agility and added responsiveness. . Latest Developments.

Inventory Management Software 52

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Supply Chain Matters

APRIL 4, 2024

In reporting of the latest investment, The Wall Street Journal observed that the total investment represents Amazon’s largest investment in another company since its founding 30 years ago. With this latest investment, Amazon ’s total investment in this AI start-up amounts to $4 billion, and reportedly has a minority ownership.

Supply Chain Design Software 40

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ThroughPut

JUNE 4, 2020

What is Inventory Optimization? Inventory Optimization is defined as a method of balancing the manufacturers’ capital investment constraints and goals along with the defined service-level goals over a large assortment of stock-keeping units (SKUs) while considering all demand and supply volatility situations. Inventory strategy.

Optimal Sourcing 52

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ThroughPut

JUNE 4, 2020

What is Inventory Optimization? Inventory Optimization is defined as a method of balancing the manufacturers’ capital investment constraints and goals along with the defined service-level goals over a large assortment of stock-keeping units (SKUs) while considering all demand and supply volatility situations. Inventory strategy.

Optimal Sourcing 52

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Supply Chain Matters

JUNE 21, 2022

This week, the Council of Supply Chain Management Professionals (CSCMP) , with sponsors Penske Logistics and consulting firm Kearney , released the 33rd Annual State of Logistics Report to organization members and the industry as a whole. This report provides a snapshot of the U.S. This Year’s Report Themes and Key Messages.

Logistics Network Optimization Software 52

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Logistics Viewpoints

DECEMBER 5, 2022

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. There was no air freight possible then into Europe,” added Gerald van den Eijnden. Molex Realizes it Needs Better Visibility.

Agile and Lean Supply Chain 197

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AIMMS

OCTOBER 17, 2023

According to a Proxima report “Investing in a Sustainable Supply Chain,” there has been a significant change in the priorities of investors. Efficient inventory management Demand Forecasting: Use demand analytics to predict demand more accurately, thus reducing overstocking or stockouts.

Optimal Sourcing 156

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Freightos

NOVEMBER 11, 2021

More on Maersk’s transition to an end-to-end provider can be found in this 2020 report. 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.

Price Reduction 177

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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 274

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AFFLINK

AUGUST 17, 2022

Unpredictable Consumer Demand Trends Traditionally, organizations got away with loose forecasting and just-in-time (JIT) inventory management to match production to consumer demands. According to a recent report by Instawork, 60% of industrial businesses struggled to keep up with increased demand last year.

Manufacturing Procurement 62

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Logistics Viewpoints

NOVEMBER 17, 2022

This shortage is the culmination of various ongoing issues – geopolitical tensions related to the Russia-Ukraine war, the rapid shift in consumer buying behavior and container freight availability. Many breweries were also reported to be paying premiums to purchase cans just to meet their immediate needs.

Packaging 227

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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

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Supply Chain Matters

AUGUST 7, 2023

The July report narrative specifically indicates: “ We continue to see very different outcomes for the overall economy and the logistics industry. 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. As a result, this index has declined 5.7

Logistics Network Optimization Software 52

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Supply Chain Matters

OCTOBER 25, 2022

Included in this update is a report indicating further adjustments in Apple iPhone 14 planned production volumes, reporting that the major U.S. Report Indicates Apple iPhone14 Plus Production Has Been Cut. Each year there are reports of when Apple makes iPhone production adjustments, and this year is no difference.

Ukraine 52

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Intelligent Audit

JULY 5, 2022

Time will tell if these efforts will be enough as daily revenue averages for FedEx Express, FedEx Freight, and FedEx Ground display negative year-over-year KPIs. . Supply Chain Dive reported that the company’s buying binge has not been exclusive to the U.S., Massive Inventory Levels Are Crashing Against Signs of an Economic Recession.

Quality 52

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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.” 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.

Negotiating Skills 52

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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

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Supply Chain Matters

APRIL 4, 2023

Supply Chain Matters provides highlights of March and Q1- 2023 reported global and regional PMI indices which reinforce a state of stabilization within global supply chain networks. However, we discern some added signs excess inventories and of production sourcing shifts. That stated, the reported 49.6 but represented 0.6

Manufacturing Procurement 52

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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. The Drewy World Container Index , which stood at $9,304 per 40-foot container at the beginning of 2022, was reported as $2,120 by the end of 2002. percent decline in global trade.

Negotiating Skills 52

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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

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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).

Inventory Reduction 52

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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. As a result, freight spend as a whole has increased, but passing this cost along to consumers will only serve to undermine the productivity and brand value gains through e-commerce.

Logistics Network Optimization Software 198

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BlueYonder

MAY 14, 2021

One of the factors in that evaluation would also be the freight costs you incurred for that container and any additional costs if you are expediting another shipment. If you were to check the freight invoice, you probably paid four times the cost of the container as compared to last year! Peaking Rates. Chart Source: Freightwaves).

Cost Reduction Strategies 52

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ivalua

MARCH 31, 2020

A March 11 analysis by trading platform Forex.com claimed that nearly 75% of all companies had already reported supply-chain disruptions, with more than 80% believing that at some point they would experience impacts as a result of COVID-19 disruptions.

Supply Chain Design Software 130

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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. Keep great suppliers.

Procurement Analytics 85

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Supply Chain Matters

MAY 30, 2023

reported for March, and a negative 0.29 reported for February. There have now been three consecutive months of reported negative deviation in the GSPI , with clearer signs of global supply chain volatility pressures now existing significantly below pre-pandemic levels. This recent April data reinforce that U.S.

Manufacturing Procurement 52

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