The Logistics & Supply Chain Management Society

OCTOBER 15, 2023

The Green Corridor: The Circular Journey 3 conversations Needed for Asset Management in a Sustainable World by Timothy Foote, Founder of Susymbio Things degrade and deteriorate over time. 3 End of Life Planning Every physical asset should ideally have a sustainable next life journey. Human assets also change over time.

Optimal Sourcing 162

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

AIMMS

OCTOBER 17, 2023

Sustainable supply chains are not just beneficial for society and the environment; they’re crucial for a business’s future prosperity. According to a Proxima report “Investing in a Sustainable Supply Chain,” there has been a significant change in the priorities of investors. trillion opportunity.

Optimal Sourcing 156

Optimal Sourcing Supply Chain Planning Software Modeling Waste Reduction 156

Ware2Go

JANUARY 10, 2022

Should you change your supply chain procurement strategy in light of continuing supply chain disruptions? The 2021 holiday shopping season was characterized by high freight rates, elevated lead times , and over-crowded warehouses. Supply chain procurement strategies had long been favoring Just in Time procurement.

Inventory Reduction 52

Inventory Reduction Cost Reduction Strategies Expense Reduction 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

GlobalTranz

SEPTEMBER 23, 2021

High freight volumes across all industries in the trucking market are expected to continue into 2022.? The added strain on resources is on track to force high freight volumes to continue well into the next year. Download the White Paper: Over the Road Freight Management Trends. Carrier Vetting for OTR Freight.

Prescriptive Analytics Software 308

Prescriptive Analytics Software Optimal Sourcing Pricing Training Negotiating Skills 308

Supply Chain Game Changer

APRIL 29, 2020

Do You Have Hidden Freight Costs? Ocean freight article and permission to publish here provided by Katherine Barrios at xeneta.com. Freight forwarders and shippers/BCO s are on a constant quest to have a better understanding of their ocean freight costs and ultimately have larger margins. Email Address. Plan effectively.

Negotiating Skills 69

Negotiating Skills Cost Reduction Strategies Optimal Sourcing Freight 69

Supply Chain Matters

OCTOBER 12, 2022

Indicated in the report summary was: “ The sustained growth in the logistics industry continues to be fueled by high levels of inventory and the associated levels of cost and utilization associated with holding them. According to the September report , growth is increasing for inventory levels, inventory and warehousing costs.

Inventory Reduction 59

Inventory Reduction Cost Reduction Strategies Warehousing Price Reduction 59

Supply Chain Matters

APRIL 4, 2024

In addition, Spinnaker SCA’s offerings will augment Publicis Sapient’s capabilities around advanced AI/ML analytics, supply chain digital twins, data solutions, warehouse management, transportation management and expanded digital sustain services. No financial details were disclosed in the announcement. All rights reserved.

Supply Chain Design Software 40

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software 40

QAD

AUGUST 16, 2022

Continued fallout, including transport congestion, limited air freight and rail freight transportation in the Asia-Europe lanes, because of the Russia/Ukraine conflict. QAD SRM delivers the tools to improve real-time communication and procurement processes and to counteract supply risks. It’s exhausting for supply chain leaders.

Optimal Sourcing 94

Optimal Sourcing Supply Chain Software Manufacturing Procurement Supply Chain Design Software 94

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. . CBS News reported that this new sustainable freight transport option is one of over 1,000 electric vehicles employed by the shipping giant. . year-on-year.”

Quality 52

Quality Supply Chain Planning Software Procurement Solutions Procurement Analytics 52

SCMDOJO

JULY 24, 2023

It involves outsourcing logistics activities, such as warehousing, transportation, distribution, inventory management, and order fulfillment, to a dedicated logistics service provider. By leveraging their capabilities, businesses can reduce transportation costs, optimize inventory levels, and minimize warehousing expenses.

Logistics Network Optimization Software 90

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

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. And the effect of inaccurate demand forecasting is felt across the supply chain.

Predictive Analytics Software 59

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

GlobalTranz

APRIL 6, 2015

The biggest implication of this new imposition on procurement process is that now procurement managers have to deliver suppliers that are cost conscious and timely in their operations but at the same time can adapt to the changing demands of end customers. One of these trends, in addition to inventory keeping, is dual/multi-sourcing.

Optimal Sourcing 120

Optimal Sourcing Manufacturing Procurement Trends Supply Chain Planning Software 120

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. Cargo capacity exacerbated inventory shortages in the first half of 2023. It also led to inventory excesses. 5 The modal shift to air freight from ocean freight.

Russia 52

Russia Inventory Reduction Price Reduction Modeling 52

QAD

JULY 8, 2021

In order to minimize the impact of similar future supply chain disruptions , organizations must ensure they implement and sustain the lessons learned from this disruption. Poor inventory management and lack of full inventory visibility, including inventory held by next tier suppliers. via terms and conditions)?

Supply Chain Planning Software 89

Supply Chain Planning Software Forecasting Forecasting Software Manufacturing Procurement 89

Turvo

MARCH 3, 2022

As a workaround, some truckers and intermediaries perform a street turn, using the empty containers from their import loads to carry inventory meant for export. MatchConnector TM – a private network to pool inventories with trusted partners. 3 Benefits of MatchBack System’s partnership with Turvo.

Optimization Software 52

Optimization Software Supply Chain Network Software Analytics Software Predictive Analytics Software 52

Supply Chain Opz

NOVEMBER 9, 2014

To improve operational efficiency successfully and in a sustainable way, people across the entire business need to have a shared understanding of the supply chain goals and also what their individual roles are in achieving them. These are three examples: Rule 3.1: Aggregate forecasts are more accurate than individual forecasts.

Waste Reduction 274

Waste Reduction Cost Reduction Strategies Supply Chain Planning Software Inventory Reduction 274

Intelligent Audit

JANUARY 11, 2022

Ultimately, it “ allows companies to generate a four-to-five-times return on investment by partnering with one service partner to support all or part of their supply chain needs, including procurement, production control, manufacturing, quality, warehousing, and logistics. Supply Chains Are Also Building in New Elasticity.

Supply Chain Planning Software 52

Supply Chain Planning Software Prescriptive Analytics Software Logistics Network Optimization Software Predictive Analytics Software 52

6 River Systems

NOVEMBER 1, 2022

Retailers must be flexible in order to handle consumer’s evolving shopping behaviors changing trade policies, inventory shortages, supply and demand disruptions and unpredictable delays in last mile deliveries. Other improvements include: Adopting sustainable practices for last mile delivery and reverse logistics.

Cost Reduction Strategies 52

Cost Reduction Strategies Inventory Reduction Resource Reduction Optimal Sourcing 52

GlobalTranz

JANUARY 6, 2016

Transportation management is no longer a tactical approach to simply moving freight and doing it at the lowest possible cost. Strategic Logistics: 8 Steps to Controlling Inventory Flow & Driving Warehouse Efficiency. 5 Benefits from Logistics Sustainability & Efficiency.

Transportation Management 120

Transportation Management Logistics Network Optimization Software Resource Reduction Cost Reduction Strategies 120

Locus

JUNE 2, 2023

Inbound logistics activities typically include transportation, warehousing, inventory control, material handling, quality control inspections, and scheduling. Focus Procurement, receiving, storage, and inventory management. Inventory Management: Inbound logistics play a critical role in inventory management.

Optimal Sourcing 52

Optimal Sourcing Optimization Software Logistics Network Optimization Software Supply Chain Optimization 52

Unleashed

JANUARY 3, 2023

But when your cash is locked wages, managing inventory , lines of credit, and other costs, it can slow down productivity – even bring it to a standstill. You’re holding too much inventory Too much stock on hand at a given moment turns cash into slow-moving stock. In other words, it leaves you with no cash to spend until they pay.

Manufacturing Procurement 96

Manufacturing Procurement Material Savings Expense Reduction Inventory Reduction 96

BlueYonder

FEBRUARY 17, 2022

Impact: This is resulting in procurement teams scrambling to find new supply sources, while engineers are looking for substitutions alternatives, and other company leaders are figuring out how to bring more in-house for a vertical integrated approach. Investments in Transportation solutions is imperative. Foreign trade policies are weakening.

Supply Chain Planning Software 70

Supply Chain Planning Software Supply Chain Software Predictive Analytics Software Analytics Software 70

Elementum

JUNE 30, 2022

Sustained Inflation. Over the last 2 years, Supply Chain teams have been struggling to procure and manufacture enough inventory. Suppliers will continue to ship orders in an effort to get the inventory off their books. Javier Echevarria has joined Ingredion as their Chief Procurement Officer.

Procurement Analytics 78

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

The Logistics & Supply Chain Management Society

OCTOBER 15, 2023

The Evolution of Asset Management: Humans, Inventory and the Rise of AI by Jeroen Hendriks , Director at Art of Supply Chain Sdn Bh In the ever-evolving landscape of organisational success, the spotlight is now on asset management. However, inventory is also an essential asset for many businesses.

Asset Management 130

Asset Management Inventory Reduction Inventory Optimal Sourcing 130

GlobalTranz

FEBRUARY 13, 2017

According to PLS Logistics , global companies will install procurement managers in China for entire organizations by 2025. Self-driving trucks might seem like a far-fetched idea, but it became a reality in 2016, and more companies are continuing the push toward this sustainable solution to the driver shortage.

Resource Reduction 205

Resource Reduction Inventory Reduction Trends Logistics Network Optimization Software 205

Unleashed

MARCH 31, 2021

You’ll see that the KPIs in both supply chain management and logistics are very similar, in that they often track the movement or storage of inventory. Inventory days of supply. Freight bill accuracy. A metric that does what it says on the tin – measures the accuracy of freight bills. E.g. 35 DOI + 31 DOR = 66.

Supply Chain Planning Software 69

Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Software Agile and Lean Supply Chain 69

The Logistics & Supply Chain Management Society

JULY 13, 2021

It predicts that by 2022, firms will dedicate 35% of their logistics business process outsourcing services budget to process automation, focusing on order, inventory, and shipment tracking. Green Corridor: Pace and Resolve Needed to Help Reach Sustainability Goals. According to IDC’s 2020 Supply Chain Survey – 72.8%

Supply Chain Software 130

Supply Chain Software Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software 130

Procurement Academy

AUGUST 10, 2021

What defines this approach is “flexibility” to right-size inventory, fitting the demands of the market in a specified time, enhancing the logistics service processes, and increasing the elasticity of the logistics process to respond to market instabilities profitably. What is elastic logistics? How to foster flexibility in your company.

Logistics Network Optimization Software 64

Logistics Network Optimization Software Supply Chain Planning Software Demand Planning Software Supply Chain Software 64

20Cube Logistics

FEBRUARY 3, 2022

Inventory got depleted in warehouses with no shipper coming to take it away. Through providing lucrative discounts, offers and making their ware affordable, they had to resort to popular policies to navigate through the pandemic and sustain themselves.

Supply Chain Design Software 76

Supply Chain Design Software Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Design 76

Supply Chain Matters

APRIL 4, 2023

However, we discern some added signs excess inventories and of production sourcing shifts. Further concerning was that the volume of warehouse finished goods inventories rose to the greatest extent in four months. percentage point increase in March while the Inventories sub-index dipped to the contraction value of 47.5,

Manufacturing Procurement 52

Manufacturing Procurement Manufacturing Global Purchasing Skills 52

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

Supply Chain Game Changer

FEBRUARY 27, 2019

Inventory Turnover Breakthrough … Go Back To The Basics! Risks exist in land, air and ocean freight. Poor grasp of hazards in your supply chain will increase freight spend and diminish brand value. Extreme weather represents one of the most significant risks to ocean freight on the globe. Subscribe Here!

Supply Chain Planning Software 57

Supply Chain Planning Software Resource Reduction Price Reduction Waste Reduction 57

Supply Chain Matters

APRIL 14, 2023

Reportedly, capital raised in this latest round to accelerate product innovation, including insights and tracking related to ESG and sustainability risks across a company’s extended supply chain. It further helps in the ability to foster singular inventory management to support customer demand from both online and in-store buying channels.

Supply Chain Design Software 52

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Prescriptive Analytics Software 52

Logistics Bureau

MAY 8, 2023

Is your company one of the many that take a minimalist approach to freight management? Yes… I did say minimalist, not lean. When I say minimalist, I’m talking about the many companies which, while reliant on freight to keep supplies coming in and products going out, don’t see freight management as a core competency.

Negotiating Skills 52

Negotiating Skills Cost Reduction Strategies Freight Resource Reduction 52

Logichain Solutions

SEPTEMBER 9, 2019

Collaboration between marketing, product development, finance, procurement and supply chain teams saves costs along the value chain and gives your brand a competitive advantage. This applies to road transportation as well as sea and air freight. Ever wondered what impact your product design decision has on the supply chain? Conclusion.

Supply Chain Design 40

Supply Chain Design Optimal Sourcing Supply Chain Optimization Manufacturing Procurement 40

Logichain Solutions

SEPTEMBER 9, 2019

Collaboration between marketing, product development, finance, procurement and supply chain teams saves costs along the value chain and gives your brand a competitive advantage. This applies to road transportation as well as sea and air freight. Ever wondered what impact your product design decision has on the supply chain? Conclusion.

Supply Chain Design 40

Supply Chain Design Optimal Sourcing Supply Chain Optimization Manufacturing Procurement 40