SCMDOJO

APRIL 22, 2024

As recent times have shown us, political matters across the world can have an impact on shipping routes, thus affecting the prices of goods all around the world. The price of container freight rates surged while the entire world was having to deal with delays. Consumers dealt with skyrocketing prices and unprecedented shortages.

Inventory Reduction 77

Inventory Reduction Price Reduction Cost Reduction Strategies Material Savings 77

Resilinc

NOVEMBER 2, 2021

In the race to fill distribution centers and store shelves with inventory for the holidays, some of the world’s largest retailers and ecommerce sellers are jumping ahead of smaller competitors by chartering ships, shifting freight to air, re-rerouting inland shipments, and hiring more staff for distribution centers and other supply chain nodes.

Inventory Reduction 62

Inventory Reduction Retail Cost Reduction Strategies Resource Reduction 62

ShipBob

JULY 28, 2023

But, the fact of the matter is, if you’re transporting products overseas then you need to know how to properly fill out a shipping manifest. The risk of errors and subsequent complications isn’t something you want to be dealing with when you’re trying to grow your business. What is a shipping manifest?

Shipping 52

Shipping Cargo Material Savings Third Party Logistics 52

Cathy Roberson

AUGUST 15, 2022

Many retailers are feeling inventory pains despite assuring analysts that they're quite pleased with their inventory levels. Mind you, some retailers may indeed be pleased with their inventory levels, but others may be trying to figure out where to store the excess inventory since so many warehouses are beyond full.

Inventory Reduction 52

Inventory Reduction Resource Reduction Inventory Cost Reduction Strategies 52

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. Port backlogs, cargo limitations on container ships, and a lack of available equipment and port facility staffing.?

Prescriptive Analytics Software 308

Prescriptive Analytics Software Optimal Sourcing Pricing Training Negotiating Skills 308

CH Robinson Transportfolio

MARCH 5, 2020

With the main focus on maximizing time and cost efficiencies, cargo risk management is often skipped over despite being a critical step in protecting your company. . The risk of delays and lost cargo are real. How should you estimate your cargo risks? Best practices for cargo risk management.

Risk Management 44

Risk Management Cargo Purchasing Training Transportation 44

Logistics Viewpoints

FEBRUARY 26, 2024

Cooper University Health Care Selects Interos Over the past 15 years, modern risk management platforms have evolved. Buying organizations use this technology to monitor and analyze supplier risk events in real-time. Then the risk solution fills in the gaps. Well, we can’t work like that.” The pandemic changed that.

Supply Chain Planning Software 249

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Pharmaceutical 249

Supply Chain Matters

APRIL 4, 2024

Supply Chain Risk Management Provider Avetta Acquired Stockholm based private equity firm EQT has reportedly agreed to acquire supply chain risk management software technology and managed services provider Avetta from existing private equity owners Welsh, Carson, Anderson & Stowe ( WCAS ).

Supply Chain Design Software 40

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

QAD

NOVEMBER 17, 2022

The other 50% consists mostly of shipping containers carrying smaller consumer goods. While responding to supply challenges by adapting to new ways of working, increasing inventories and improving digital and risk management strategies, manufacturers understand the harsh truth: . Inventory management.

Scenario Planning 96

Scenario Planning Supply Chain Planning Software Supply Chain Planning S&OP 96

Supply Chain Matters

OCTOBER 12, 2022

The Logistics Managers Index Report® , compiled by researchers at Arizona State University, Colorado State University, Rochester Institute of Technology, Rutgers University and the University of Nevada Reno , and in conjunction with the Council of Supply Chain Management Professionals (CSCMP) , reported a September value of 61.4,

Inventory Reduction 59

Inventory Reduction Cost Reduction Strategies Warehousing Price Reduction 59

ModusLink Corporation

SEPTEMBER 1, 2023

Supply Chain Management In the ever-evolving world of freight and logistics, volatility has become the new normal. Procurement experts face transportation costs, customer demands, and high pressure on global container and air freight rates. Consider global container shipping rates. before the COVID lockdown ( Freightos ).

Optimal Sourcing 78

Optimal Sourcing Supply Chain Software Supply Chain Planning Software Manufacturing Procurement 78

Enterra Insights

APRIL 18, 2024

” • Risk Management : “Expanding internationally exposes businesses to new risks, such as currency fluctuations, political instability, and natural disasters. Developing robust risk management strategies is essential to mitigate these potential threats.” have decided to glocalize).

Global 130

Global Cost Reduction Strategies Expense Reduction Inventory Reduction 130

ivalua

FEBRUARY 8, 2023

As teams worked with suppliers through creative solutions, it became obvious that transparency and supplier risk management are essential components to maintain stability during crises like these. Perhaps 30 days of inventory isn’t enough in times of crisis, and terms should be updated.

Manufacturing Procurement 242

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software Optimal Sourcing 242

Supply Chain Game Changer

MAY 20, 2020

Freight market article and permission to publish here provided by Kevin Jessop at cerasis.com. UPS and FedEx both have released statements professing their need to continue shipping as an essential business, but it will be harder for smaller, more local carriers to keep up with their pace. Subscribe Here! Email Address.

Freight 56

Freight Cargo Reverse Logistics Supply Chain Planning 56

Logistics Viewpoints

JULY 13, 2022

Weather delays can affect shipping lanes, manufacturers face product shortages, demand continues to spike for certain products, containers are difficult to acquire, and the trucking industry faces a driver and capacity shortage, just to name a few. Stock rooms, warehouses and any inventory holding points. Freight forwarding.

Supply Chain Software 213

Supply Chain Software Supply Chain Supply and Demand Supply Chain Network Software 213

Logistics Viewpoints

JANUARY 11, 2023

While time slot management applications work as a stand-alone application, it is more valuable when it is integrated into with other applications on a common platform such as warehouse- and yard management or visibility solutions. Inventory Management in a High Inflation Environment ; Clint Reiser. Will it take decades?

Logistics Network Optimization Software 216

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

ivalua

JUNE 1, 2022

Procurement teams had to work closely with suppliers to find creative ways to solve problems, and they instantly realized the benefits of transparency in their supply chains and supplier risk management for business continuity in times of crisis. Balance supply chain risk and resilience with ROI. Get the right talent in place.

Supply Chain Planning Software 130

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

ivalua

MARCH 16, 2021

Procurement teams had to work closely with suppliers to find creative ways to solve problems, and they instantly realized the benefits of transparency in their supply chains and supplier risk management for business continuity in times of crisis. Balance supply chain risk and resilience with ROI. Get the right talent in place.

Manufacturing Procurement 130

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

Turvo

AUGUST 31, 2021

With all the volatility that still lingers in the modern supply chain, the need for high-quality data analysis, solid procurement planning, good profit margins , and streamlined scheduling systems all remain crucial for shipping and transportation providers. Greater chance of being low on capacity or short inventory when needed.

Supply Chain Planning Software 59

Supply Chain Planning Software Supply Chain Planning Procurement Solutions Optimal Sourcing 59

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. During 2022, as consumers shifted their physical goods buying patterns away from products and into travel and services, global shipping volumes steadily declined and so did spot rates.

Negotiating Skills 52

Negotiating Skills Inventory Reduction Price Reduction Cost Reduction Strategies 52

Talking Logistics

JANUARY 8, 2016

INTTRA Collaborates with JDA Software for Streamlined Transportation Management. LoJack SCI and TransVoyant Partner to Deliver Supply Chain Risk Alerting. Transervice Announces Launch of Tech-Based Freight Management Company. Sales Downshift at Heavy Truck Makers ( WSJ – sub. FAA says 181,000 U.S.

Logistics Network Optimization Software 100

Logistics Network Optimization Software Analytics Software Predictive Analytics Software Forecasting Software 100

Supply Chain Game Changer

FEBRUARY 27, 2019

Inventory Turnover Breakthrough … Go Back To The Basics! Change is inevitable in modern supply chain management, and risk management is essential to success. Risks evolve and become more prevalent with time. Risks exist in land, air and ocean freight. Environmental Risks. Email Address.

Supply Chain Planning Software 57

Supply Chain Planning Software Resource Reduction Price Reduction Waste Reduction 57

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. Inventory is the thread here that connects supply and demand.

Predictive Analytics Software 59

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

Supply Chain Matters

OCTOBER 10, 2023

This start-up was founded by Matt McKinney and Shaosu Liu, both of whom had backgrounds at Uber Freight and decided to tackle the massive problem of building a new structure for the legacy freight payment system that supports the global supply chain.

Supply Chain Planning Software 52

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

BlueYonder

SEPTEMBER 6, 2022

When you’re talking about assessing risk and making the best choices for a global, end-to-end supply chain that spans thousands of miles and involves dozens of trading partners, the stakes are a lot higher. Supply-side risk and disruptions are taking many forms. Luminate Risk Manager: Purpose-Built to Mitigate Supply-Side Uncertainty.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Planning Supply Chain Strategy Supply and Demand 52

SYSPRO Smarter ERP

APRIL 13, 2022

Even before the pandemic, global supply chain were fragile thanks to factors such as the US-China trade war, less efficient shipping routes and a huge drive to cut costs by consolidating loads. Just as manufacturers and distributors were starting to climb out of the ‘COVID hole’, they’ve been knocked back in.

Supply Chain Planning Software 111

Supply Chain Planning Software Price Reduction Cost Reduction Strategies Material Savings 111

SCMDOJO

JULY 24, 2023

Contract logistics is a specialized service offered by third-party logistics (3PL) providers to manage supply chain operations on behalf of a company. It involves outsourcing logistics activities, such as warehousing, transportation, distribution, inventory management, and order fulfillment, to a dedicated logistics service provider.

Logistics Network Optimization Software 90

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

Shipsy

FEBRUARY 17, 2021

Now this may sound simple but takes a lot of planning because any delay or overburdened inventory can impact the company by millions of dollars in just a quarter. freight air or ship , domestic distribution all are an integral part of any products cost. SCM Risk Planning. Impact on costing. Supply chain i.e

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Supply Chain Optimization 52

Resilinc

JUNE 29, 2021

However, fires that occur far outside factory gates are becoming a greater concern for supply chain risk managers. Patterson, CEO of 3PL Pacific Mountain Logistics, adding that freight railroads using these corridors have also been shut down due to fires. “Sometimes they’re cut off for a week at a time,” said B.J.

Supply Chain 62

Supply Chain Inventory Reduction 3PL Apparel 62

Resilinc

JANUARY 10, 2022

The consequences of weather-related strains on supplies of corn, soy, and other food commodities—on top of existing inflation trends and rising shipping prices—means that food prices will stay at or near their record highs thought 2022, according to analysts interviewed by UK-based grocery trade journal The Grocer.

Food 62

Food Supply Chain Optimization Supply Chain Argentina 62

Supply Chain Matters

AUGUST 11, 2022

One of the benchmarks we referenced as part of our prediction was The World Container Index , a measure of container shipping rates among eight major global transshipment lanes, which is published by Drewry Shipping Consultants. Mid-Year Global Transportation Assessment.

Predictive Analytics Software 52

Predictive Analytics Software Supply Chain Planning Software Cost Reduction Strategies Supply Chain Strategy 52

Supply Chain Matters

AUGUST 4, 2022

Regarding ocean container freight rates, spot rates are noted as dropping across the board on both Asia-Europe and Asia-US The implication is that if spot rates drop way below contract rates, shippers will likely seek to renegotiate contract rates recently consummated earlier this year. and Europe. and Europe.

Supply Chain Planning Software 52

Supply Chain Planning Software Global Supply Chain Planning Supply Chain Software 52

NC State SCRC

OCTOBER 5, 2022

Some of the supply constraints are also due to the destruction of key infrastructure in the Ukraine for shipping of these commodities. The good news is that ocean freight rates will start trending down somewhat. Vertical integration – Home Depot and Lowes are buying their own container ships for example!

Conference 52

Conference Ukraine Global Purchasing Skills 52

Enterra Insights

FEBRUARY 28, 2022

If retailers didn’t have enough to worry about with the pandemic, inventory issues, and labor shortages, a new type of organized crime has been added to their plate. Thieves had broken into the train cars and made off with items shipped by Dr. Martens, Harbor Freight Tools, and small businesses alike.

Los Angeles 130

Los Angeles San Francisco Supply Chain Planning Software Supply Chain Software 130

ModusLink Corporation

DECEMBER 13, 2022

However, the instability around the risk of recession remains, and knowing the top supply chain trends to watch in 2023 will help your organization prioritize operations and succeed. US-based consumers evaluate pricing on every purchase, including considering the shipping costs associated with e-commerce. 30 November 2022. <[link].

Agile and Lean Supply Chain 78

Agile and Lean Supply Chain Supply Chain Software Supply Chain Planning Software Trends 78

ToolsGroup

FEBRUARY 7, 2021

On the supply side, in 2014, I remember that DHL was talking about resilience where everyone was wondering what that really meant and how to set up the risk management globally. I spoke about the DHL resilience or risk management. All the shipping companies were completely, let’s say, sold out.

Predictive Analytics Software 295

Predictive Analytics Software Retail Modeling Forecasting 295

Turvo

JANUARY 26, 2021

With increasing pressure to offer customers faster, more accessible, more affordable, and customized shipping options, many supply chain managers are looking for new and innovative ways, including systems with a SaaS-based architecture , to help them get the upper hand over their competitors.

Analytics Software 73

Analytics Software Supply Chain Design Software Forecasting Software Optimization Software 73