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FedEx Freight reverses service suspensions after outcry from big retailers

The Supply Chain Journal

FedEx Freight (NYSE: FDX ) is walking back its recent abrupt suspension of service to a portion of its customer base after ruffling feathers of key stakeholders that made known their displeasure, according to communications from the company and logistics industry executives.

May retail sales supportive of freight flows

The Supply Chain Journal

Retail sales in May fell 1.3% It’s important to note that the headline decline masked what was the second-highest month on record for core retail sales. However, demand for retail products remains at record levels. The NRF recently raised its forecast for retail spending in 2021.

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Modest inventory bump not likely to slow freight’s flow anytime soon

The Supply Chain Journal

After a few quarters of sales growth significantly outpacing inventory additions, the two were closer to parity at retailers specializing in general merchandise and household goods during the fiscal first quarter, which concluded at the end of April. More freight on the way to US ports.

Lean Inventory: Using Lean Initiatives To Manage Inventory

GlobalTranz

What is Lean Inventory Management? More firms are implementing lean inventory management techniques to reduce costs, improve flexibility and have more time to focus on their customers. Lean supply chain and inventory management enable Small Medium Businesses (SMB) to improve efficiency and increase profits. What is Lean Inventory Management? Flow: Understand how inventory flows in your warehouse and apply Lean principle: 5S to clear any obstacles that do not add up.

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Peak Season Inventory Management and Fulfillment Strategies

Intelligent Audit

Supply and demand are two sides of the same coin, the vital coin of inventory management supply chain analytics. Without adequate inventory and supply to go along with capacity and demand, supply chain management will struggle to keep pace during peak seasons.

Webinar Q&A: Answers to 8 Common Freight Market Questions

CH Robinson Logistics

webinar, we provided an in-depth analysis of current supply and demand trends in the North American freight market. The strong economic recovery and need to rebuild retail inventory creates high out-of-season demand in port cities. Once sales rebalance, will inventory follow?

Stranger things: Air cargo becomes value play over ocean freight

The Supply Chain Journal

The price for shipping goods by air is nearly double what it was before the COVID pandemic, but ocean freight has become so expensive – and even slower – in recent months that air cargo actually seems like a relative bargain to many companies.

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2021 Logistics Outlook: Truckload Freight Market Forecast

GlobalTranz

To help shippers prepare, we will examine contributing factors that will play a significant role in the 2021 truckload freight market. Consumer Spending Shifts Will Continue To Impact The Truckload Freight Market. Rethink Inventory. Contract consistent freight volume.

Transportation Cost Drains

The Logistics of Logistics

Transportation expense can cost 5%-10% of gross revenue and will be going up if not managed effectively.” Transportation cost drains drive up costs. Many companies are experiencing dramatic increases in transportation expense that have turned into cash and quality drains for their organization. Savvy financial managers know transportation cost can cost 5%-10% of gross revenue and will be going up if not managed effectively. Freight terms are negotiable.

The Transportation Supply Chain: Transportation’s Role in Supply Chain Management to Lower Total Costs

GlobalTranz

One of the often missing links, however, in supply chain visibility, is transportation management. We call this the transportation supply chain. What is the Transportation Supply Chain? Transportation refers to the movement of product from one location to another as it makes its way from the beginning of a supply chain to the customer’s handle. Any supply chain’s success is closely linked to the appropriate use of transportation.

Four Things You Probably Didn’t Know About Inventory Planning and Sustainability

ToolsGroup

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. Smart inventory planning cranks up manufacturing efficiency.

Transportation capacity tightens further in May

The Supply Chain Journal

Transportation capacity diminished further in May, according to a supply chain survey. The overall index, which is designed to capture the rate of change in areas like transportation, inventory and warehousing, declined 3.2 The transportation prices subindex declined 1.4

What Is Retail Consolidation?

CH Robinson Transportfolio

What Is Retail Consolidation & Is It Right for You? Handling ever-changing consumer and retailer demands can be overwhelming—especially if you’re working with multiple retailers across the country or the world. What is a retail consolidation program?

Inventory Optimization 101 – Smart & Effective Inventory Management

ThroughPut

What is Inventory Optimization? It includes the practice of having the right levels of inventory to meet your target service levels while keeping a minimum amount of capital locked for inventory. Inventory optimization can help overcome these errors to a large extent.

Inventory Optimization 101 – Smart & Effective Inventory Management

ThroughPut

What is Inventory Optimization? It includes the practice of having the right levels of inventory to meet your target service levels while keeping a minimum amount of capital locked for inventory. Inventory optimization can help overcome these errors to a large extent.

[e-Book] The Essential Guide to Inbound Freight Management

GlobalTranz

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. Depending on the industry and size of the company, a business can spend more than 40% of its annual freight budget on inbound shipping, according to the Aberdeen Group, a research firm in Boston. A more efficient inbound freight program can minimize delays, save money and even reduce confusion.

12 Types of Inventory: Complete Information

EMERGE App

Inventory is the store or stock of goods. And in this post, you’re going to know the type of inventory exists. Four Types of Inventory. There are four types of inventory : work-in-progress, finished goods, raw material, and MRO goods. MRO Goods Inventory.

What Is Procurement in Freight

The Supply Chain Journal

For management, one of the most critical aspects of shipping and inventory management is the concept of procurement in freight. This essentially is the process of securing adequate capacity space to haul the freight. Freight Full Truckload Supply Chain Uncategorized

The New Normal: Predictions for Retail in 2021

ToolsGroup

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.

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Retail Compliance Programs: How to Exceed Retailer Expectations

CH Robinson Logistics

The retail industry is evolving and adapting to new consumer demands which is shifting the supply chain landscape. Retailers expect more supply chain visibility, shorter delivery times, and real-time connectivity from shippers and carriers. Compliance programs vary by retailer but the intent is consistent across the industry—have the right product in the right location at the right time while removing waste. Inventory management . Transportation spend.

Hot market creating a ‘war’ for freight brokerage talent

The Supply Chain Journal

On Monday, Amit Mehrotra, an analyst at Deutsche Bank, stated that due to customer demand, low inventory levels, housing demand and federal stimulus, the current market constraints on trucking and international container capacity are likely to continue into 2023.

April freight trends jump, 2021 to be ‘extraordinarily strong year’

The Supply Chain Journal

The Cass Freight Index returned a 27.6% March numbers reflected a freight snapback following February’s severe winter storms, which caused widespread transportation outages and delays. freight network,” Denoyer concluded.

Freight continues to flow in, capacity does not

The Supply Chain Journal

Expectations around future freight flows continue to grow with each passing week. Stimulus payments are spurring along already robust consumer spending while the need to replenish inventories lingers. The retailersinventories-to-sales ratio dropped to 1.1x

Q3 2021 Trucking Trends and Freight Market Update

Zipline Logistics

The freight market has been on the receiving end of several systemic shocks that continue to affect industry providers and shippers alike. To get a clearer picture of what is happening in the freight market, let’s look at what’s causing this disequilibrium.

5 Retail Supply Chain Insights to Improve Performance

CH Robinson Logistics

Like many industries, retail has been evolving for some time. Consumer demands are shifting shopping experiences and retail compliance programs are being enforced as the need to have the right inventory in the right place at the right time becomes even more critical.

The Importance of LTL Freight Management in your Supply Chain

CH Robinson Transportfolio

Consumers now have higher expectations regarding their purchase experience—convenient pickup and delivery options; an increased demand for accurate, real-time visibility to their order; and easy to use, low cost transportation purchasing options are critical.

Shipments up, freight spend way up — Cass reports

The Supply Chain Journal

Freight expenditures surged with another step higher in volumes, according to March data released by Cass Information Systems ( NASDAQ: CASS ) on Friday. The Cass Freight Index posted cycle highs with the expenditures’ subindex displaying a new record.

Optimizing Inventory Management for Online Retail

RELEX Solutions

Online stores — whether for a pure e-commerce retailer or as part of an omnichannel operation — allow retailers to offer customers a vast assortment that simply can’t be rivaled by traditional brick and mortar locations. The pace of online retail is simply too fast for that.

Editor’s Choice: What Are White Glove Services in Transportation Management?

Logistics Viewpoints

Today’s article is from GlobalTranz and explores white glove services in transportation management. There are tiers for rates, mode, and freight class, but there’s another layer of logistics. It’s important to know how white glove services and transportation management go together.

Is Inventory Optimization a Key to Omnichannel Survival?

ToolsGroup

For multi-channel retailers, it’s getting increasingly difficult to survive in “the Amazon jungle”. As Amazon invests relentlessly to boost its agility and drop its costs, retailers are also looking for ways to raise their game. Industry analysts have pointed out an obvious fit with inventory optimization. He says that the majority of omnichannel retailers use a hybrid strategy—filling online orders from both stores and distribution centers.

Steps to Controlling Inventory Flow & Driving Warehouse Efficiency

GlobalTranz

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. The first step to controlling inventory flow effectively is liquidation of all non-essential products, explains Paul Trujillo of Business2Community. While this may work for small businesses, it can be detrimental to the growing state of e-commerce in retail.

The 10 inventory management trends to watch for in 2022

Unleashed

Best practice inventory management – and the wider world of supply chain management – has played a big part in business survival through 2021. With that in mind, here’s our pick of the 10 most important inventory management trends for 2022. 10 inventory management for 2022: 1.

The Benefits of Evolved Vendor Managed Inventory Model Led by Web-Based VMI

GlobalTranz

Editor’s Note: Cerasis is a 3PL focused on transportation management. So why do we feature content related to Vendor Managed Inventory? In a VMI model, part of the equation is the inbound & outbound flow of the inventory. Inventory is then put on pallets and shipped as freight. Each blog post written is distributed into groups that reach the supply chain community as well as professionals in manufacturing, transportation, distribution, and more.

FedEx Freight customer dump shows LTL carriers in driver’s seat

The Supply Chain Journal

Hundreds of shippers, including ones that supply big-box retailers like Home Depot and Lowe’s, are scrambling for transportation after FedEx Freight (NYSE: FDX ) on Monday abruptly stopped truck pickups at many locations to help overwhelmed terminals restore productivity levels.

Vendor-managed inventory and distribution planning in the food and beverage industry – here’s something to chew on

Kinaxis

Among the many supply chain initiatives taking place today, vendor-managed inventory (VMI) has become an increasingly effective process and business model to help organizations share risk and information between vendors and customers — while benefitting from lower stockouts, reduced uncertainty and lower costs. A demanding distribution network comprised of producers, distributors and retailers. What is vendor-managed inventory? Better transportation planning.