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If so, optimizing your inventory management strategy can be a game-changer. This method offers a solution to various inventory and shipping challenges for businesses just like yours. Below, we outline three ways blind shipping can help optimize your logistics, keep inventories healthy and save you money!
He has held leadership roles such as Vice President of Linehaul & Central Dispatch Operations at Yellow, Director of Network Operations at YRC Freight, and various operational and sales leadership positions with both YRC Freight and Roadway Express over the course of his well established transportation career.
Businesses are responding with production shifts, supply chain diversification, inventory stockpiling, and trade route adjustments in efforts to lessen the financial burden and avoid long-term instability. Retailers and e-commerce giants like Amazon are stockpiling key inventory, preparing for potential further trade restrictions.
Retail returns occur when a customer returns the purchased items to a seller in exchange for a refund, store credit, or a similar product. Returns come with plenty of challenges around logistics, inventory, and predicting volatile sales trends. Retail Returns Statistics Demonstrating the Path to Business Growth.
Home Container rates surging as shippers rush ahead of deadlines – June 10, 2025 Update The Freightos Weekly Update keeps you informed on international freight with key economic data, demand trends, and rate insights. Start your week with the industry insights others miss. "
Explore how advanced OMS platforms are transforming retail and direct-to-consumer strategies. Download Executive Summary Transportation Execution Systems – Digital freight is here. Unpack the platforms powering smart freight routing, carrier management, and cost control. Dive into system trends and market movers.
Controlling inventory flow is a top priority among warehouse managers, and gaining control over inventory drives warehouse efficiency. Controlling Inventory Flow Begins With Liquidate Nonessential Products. While this may work for small businesses, it can be detrimental to the growing state of e-commerce in retail.
It leverages historical data, competitive intelligence, and external factors to guide inventory planning and resource allocation. Whether you’re in manufacturing, retail, or another industry, navigating the uncertainties can feel like solving an intricate puzzle.
It leverages historical data, competitive intelligence, and external factors to guide inventory planning and resource allocation. Whether you’re in manufacturing, retail, or another industry, navigating the uncertainties can feel like solving an intricate puzzle.
In episode six of Be Ready for Anything, ToolsGroup’s Pre-Sales Manager for Europe, Birger Klinke, talks about what retailers should expect in 2021 and how they can leverage probabilistic forecasting and automation to adjust to a changing marketplace. What do you predict will be different for retailers in 2021? Transcript.
The global supply chain is routinely beset by challenges, both large and small, but the past couple of years have delivered a string of significant logistics disruptions that have threatened to upend the tightly choreographed dance of global freight transportation. That’s starting to change. More and more large U.S. In the U.S.,
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.
Explore how advanced OMS platforms are transforming retail and direct-to-consumer strategies. Download Executive Summary Transportation Execution Systems Digital freight is here. Unpack the platforms powering smart freight routing, carrier management, and cost control. Dive into system trends and market movers.
If your business depends on freight shipping, you've likely felt the effects of a world that seems to change overnight. When tariffs rise, fuel prices spike or international trade agreements shift, those cause ripples across all freight modes — truck, air, rail and ocean. Natural disasters. Tariff swings.
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 $4,000/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?
This was announced on the Retail Link portal for suppliers on January 30 th. Walmart’s On-Time In-Full initiative is a compliance measure designed to ensure that freight arrives at a Walmart store or distribution center when it was supposed to, in the quantities expected. Uber Freight is also able to track both on-time and in-full.
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? And it can be fixed.
I think it’s time we started spreading the good news: when you harness demand and inventory planning to slash unnecessary expenses and improve service to customers, you also reduce waste and support sustainability. Having the right inventory in the right location brings a variety of waste-reduction benefits.
The pace of change in today’s retail environment is faster than ever. E-commerce and shifting, more demanding consumer behaviors have led retailers to tighten requirements for shippers across the board. Penalties for late or partial shipments are steep and can make or break a shipper’s relationship with a retailer.
More Resources Home Red Sea Crisis and Early Peak Season Surge Disrupt Global Supply Chains for some SMBs Judah Levine July 24, 2024 Since early May, supply chains have faced significant disruptions due to congestion caused by Red Sea diversions and an early start to ocean freight’s peak season.
There’s alot of content noise so I find it useful to understand the market by reading what retailers are directly saying each quarter. Look for another article later this week and part 4 of the What Retailers Are Saying Series on May 18. 🙏 Retailers Tractor Supply Q1 ending March 29. Christopher J.
According to Logistics Management, more parcel carriers are moving heavier parcel shipments to less-than-truckload freight in e-commerce because they’re overwhelmed. This creates a wonderful opportunity for shippers to eliminate the middleman costs by considering the use of less-than-truckload freight options for e-commerce.
Freight Rates 2019-2021. As a result, companies plug along planning based on historic lead times and freight rates which as you can imagine is doomed for failure. The need for data synchronization increases with the growth of nodes, the increase of the number of parties handling the freight, and the use of multiple modes of transport.
However, as air freight rates climb and capacity tightens and questions regarding the future of US de minimis, interest in ocean freight services is on the rise. Indeed, over the past couple of years, online platforms have introduced ocean freight services that target SMBs. fulfillment center network.
The benefit is that it does not matter where an order originates; all fulfillment channels have access to the information and the retailer can appropriately allocate the inventory depending on stock levels, demand requirements, and timing of fulfillment. Planning and execution is focused on freight moves involving a carrier.
WFS is a third-party marketplace for sellers initially rolled out in 2020 to boost revenue through existing e-commerce infrastructure, which has since added an inventory-focused offering to the platform. The seller marketplace is part of Walmart’s larger strategy to expand its services beyond those of a typical retailer. from May’s 2.24
Last week I returned to the National Retail Federation (NRF) Big Show for the first time in 3 years. The usual themes were still very present as solution providers and retailers alike were more than happy to talk about omni-channel, mobility, and machine learning, to name a few. This is essentially continuous optimization.
Despite these challenges, 3PLs have emerged as key partners in helping auto parts manufacturers, suppliers, and retailers maintain continuity, efficiency, and resilience in their operations. Just-in-Time and Just-in-Case Inventory Strategies The auto industry has long relied on just-in-time (JIT) inventory strategies to reduce storage costs.
Capacity was reported to be tighter for upstream companies like manufacturers and wholesalers, which returned a neutral reading of 50 compared to downstream retailers, which said capacity notably expanded (65.3). Inventory costs (78.4) percentage points even as growth in inventory levels (51.5) than at larger entities (56.7).
Brett Biggs, an executive vice president at Walmart, summarized the investments by saying the retailer is spending on increased fulfillment capacity, supply chain, automation, and technology. This new infrastructure will allow the retailer to expand ecommerce assortment while reducing both shipping time and cost. billion, 4.1%
Poor granularity means shippers do not know where to prioritize their fulfillment strategies, and that may be more likely to disproportionately distribute inventory. Traditional Inventory Replenishment Strategies No Longer Work. Therefore, it is easier to increase the volume of freight moving across both inbound and outbound channels.
Higher freight volumes. Stronger freight volumes are expected as pent-up demand from consumers, retailers, and manufacturers reaches an apex. Shrinking capacity from higher freight volumes results in higher rates throughout peak season and beyond. Tight capacity and high rates.
If you’re shipping into big-box retailers, retailer scorecards are an essential part of doing business. This blog breaks down what retailer scorecards are, what they measure (including OTIF), how they vary by retailer, and how you can improve your performance to avoid costly penalties. What Is a Retailer Scorecard?
Disruption has been the name of the game for more than a year as supply chain leaders have been dealing with changing buyer behaviors, inventory management challenges, labor shortages, weather and pandemic-related uncertainty, cyber security threats and capacity constraints that continue to create significant supply chain volatility.
North American Transborder Freight up 23.8% The more cautious outlook is driven by wage and inflationary pressures, as well as increased freight costs. The US Department of Transportation reported that transborder freight between the U.S. billion of freight, up 15.7% billion of freight, up 20.9% billion, up 23.8%
The sheer influx in demand, combined with the variety of supply chain stressors, also catapulted global freight to new levels of infamy (although none perhaps as famous as the Suez Canal blockage). Freight rates as a forward looking indicator of CPI. Let’s start by taking a look at global ocean freight prices.
UPS is seeking alternative strategies for its truck brokerage business, which has seen sales plummet amid a freight recession marked by declining rates and over capacity. The retailer plans to double the number of sites in the coming years and currently operates more than 55 dedicated same-day sites across the U.S. percent, or $24.5
2014 is coming to a close and as we herald in the New Year, shippers (manufacturers, retailers, and distribution centers) around the country are busy gearing up for the holiday season and have holiday logistics best practices on the brain. Make your Inventory Omni-Channel. Logistics holiday logistics'
Add in soaring air freight costs, and the fruit will not only be hard to find, but incredibly expensive. Logistics hiring slowed in May amid shifts in retail sector. Target expects squeezed profits from aggressive plan to get rid of unwanted inventory. billion of inventory as of April 30, the end of the fiscal first quarter.
Retail shelves are increasingly empty. Inventories in the chemical industry are at record lows: a forerunner of bad days ahead. Hazardous freight is the most likely to get “rolled” at the dock. Hazardous freight is the most likely to get “rolled” at the dock. Time For Action. What can we learn?
The economy is picking up after the severe contraction in labor, productivity, and inventory that occurred during the height of the pandemic. Inventory, Efficiency, and the Extended Supply Chain. But the US ratio of total business inventories to sales is hovering at a 25-year low. So it stretches back up the supply chain.
But the rapid shift from retail to online purchasing for staples and the surge for protective equipment, as well as unanticipated products like bread makers and home-schooling items, left many retailers flatfooted. Panic Buying Challenged Retailers and Suppliers. 2020 Was A Year Of Supply Chain Disruption.
A busy week in retail earnings! 🙂 Part 6 of the What Retailers Are Saying Series will be posted on June 1. 🙏🙏🙏 Retailers Home Depot Q1 ending May 4. We don't want to be the first one to raise prices and we want to make sure that we keep our value or pricing umbrella versus mainstream retail.
In response, major freight operators have recently acquired advanced battery technology firms to accelerate fleet electrification. Predictive analytics tools enabled by AI are helping organizations optimize inventory management, reduce downtime, and improve demand forecasting.
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