Freightos

JUNE 15, 2021

Disclaimer: This article is a zoom out for the less freight-inclined. If you have a deeper understanding of freight, you might want to check out our Freightos Baltic Index daily container index instead. Let’s talk freight. . And it’s not just ocean freight. More freight costs, higher consumer costs.

Global 394

Global Supply Chain Price Reduction Supply and Demand 394

GlobalTranz

APRIL 6, 2021

What is Supply Chain Resilience? Supply chain disruption has many sources: tariffs and trade disputes, natural disasters, pandemics, economic uncertainty and cybersecurity attacks. Each disruption has its own nuances, so it’s challenging to plan a precise response to each one.

Supply Chain Planning Software 189

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Supply Chain 189

Logility

MARCH 29, 2022

Truly resilient supply chains can only be built with complete visibility. As the pandemic eased, ports suffered bottlenecks, natural disasters disrupted freight movement, railways suffered congestion, and new legislation further complicated the movement of goods. Recent Supply Chain Disruptions.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Software Supply and Demand Supply Chain Optimization 130

Logistics Viewpoints

DECEMBER 5, 2022

While not completely protecting them from the supply shocks that occurred during the pandemic, it allowed them to respond to their customers with greater speed and agility, manage costs, and provide options when a supply chain disruption occurred. Molex Realizes it Needs Better Visibility. The Advantages of Agility.

Agile and Lean Supply Chain 196

Agile and Lean Supply Chain Rail Software Manufacturing Procurement Supply Chain Planning Software 196

Jaggaer

APRIL 14, 2020

In the retail sector, supermarkets in many countries have seen their highest weekly sales ever, as consumers stock up on goods that they fear may be in short supply. Elizabeth de Jong of the UK Freight Trade Association told the BBC that the demand has been 50 to 100 per cent above usual, and road hauliers have adapted to keep up.

Supply Chain Disruption 52

Supply Chain Disruption Europe Cost Reduction Strategies Material Savings 52

ivalua

FEBRUARY 8, 2023

Digital transformation will lead to the evolution and digitization of key procurement processes, from source-to-pay. Making processes transparent enables everyone along the supply chain to react quickly. Be proactive to mitigate supply chain risk by understanding your suppliers. Create speed and transparency.

Manufacturing Procurement 242

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

Logistics Viewpoints

MARCH 2, 2023

Closer to home for supply chain professionals, driver shortages continue to plague the industry. Freight rates have plummeted, brokerages are struggling, and the industry is still bloated with excess inventory. And we’ve yet to experience all of the possible repercussions of the conclusion of China’s zero-COVID policy.

Waste Reduction 196

Waste Reduction Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 196

Intelligent Audit

JULY 27, 2021

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.

Inventory Reduction 52

Inventory Reduction Vendor Strategies Cost Reduction Strategies Sourcing Strategies 52

ToolsGroup

MARCH 17, 2020

Macro events like the Coronavirus crisis trigger demand volatility that affects every link in your global supply chain—from the raw materials you procure to setting safety stock levels to planning logistics and promotions. One US-based ToolsGroup manufacturing customer sources parts from several Chinese and Italian suppliers.

Supply Chain Planning Software 215

Supply Chain Planning Software Modeling Scenario Planning Supply Chain Planning 215

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. to avoid significant supply chain disruption.

Prescriptive Analytics Software 308

Prescriptive Analytics Software Optimal Sourcing Pricing Training Negotiating Skills 308

Supply Chain Matters

MAY 22, 2023

Supply Chain Matters highlights continued evidence that the U.S. 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.

Negotiating Skills 52

Negotiating Skills Inventory Reduction Cost Reduction Strategies Price Reduction 52

ivalua

JUNE 1, 2022

Digital transformation will lead to the evolution and digitization of key procurement processes, from source-to-pay. Their supply chain was just broken, and there was no way they could get material to run their plants. Balance supply chain risk and resilience with ROI. Create speed and transparency.

Supply Chain Planning Software 130

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

ToolsGroup

AUGUST 1, 2022

Returns come with plenty of challenges around logistics, inventory, and predicting volatile sales trends. Department of Commerce International Trade Commission , the percentage of retail sales sourced from ecommerce is predicted to increase into 2024–well beyond the lockdowns that caused the initial rise in ecommerce spend.

Retail 296

Retail Optimal Sourcing Purchasing Skills Procurement Solutions 296

Freightos

NOVEMBER 11, 2021

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

Price Reduction 177

Price Reduction Logistics Network Optimization Software Cost Reduction Strategies Expense Reduction 177

The Logistics & Supply Chain Management Society

AUGUST 20, 2020

Procurement can also have RPA do dynamic searches of websites to source or conduct market research for future buys and tenders. Inventory Management. Regardless of how efficient and effective, all supply chains carry inventory. Freight Management. Freight management is driven by time-critical, manual tasks.

Supply Chain Software 246

Supply Chain Software Supply Chain Planning Software Optimal Sourcing Agile and Lean Supply Chain 246

Zipline Logistics

SEPTEMBER 7, 2021

If you have an order that needs to get to its destination in a hurry, expedited freight options could be your best choice for delivery. Though often a result of an unexpected need, there is still a way to control costs and ensure quality performance when arranging expedited freight services. What Is Expedited Freight?

Freight 52

Freight Negotiating Skills Manufacturing Procurement Inventory Reduction 52

Supply Chain Matters

JULY 15, 2022

The supply chain supporting the delivery of equipment is the de-facto facilitator of this business model. Sourcing was both a cost as well as landed cost decision factor. Consumer anticipation was thus compounded by a developing global supply chain disruption. Timing was a further crucial factor.

Sourcing Strategies 105

Sourcing Strategies Cost Reduction Strategies Expense Reduction Inventory Reduction 105

Supply Chain Matters

AUGUST 6, 2022

Inventory levels reportedly increased more than 33 percent during the quarter, a reflection of what was described as an aggressive buying strategy amid supply chain disruptions. At the time, Bloomberg cited sources indicating that U.S. For the full year, operating income was expected to decline by 13 percent.

Inventory Reduction 83

Inventory Reduction Cost Reduction Strategies Report Supply Chain Design Software 83

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

ivalua

MARCH 16, 2021

Digital transformation will lead to the evolution and digitization of key procurement processes, from source-to-pay. Their supply chain was just broken, and there was no way they could get material to run their plants. Balance supply chain risk and resilience with ROI. Create speed and transparency.

Manufacturing Procurement 130

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

SYSPRO Smarter ERP

NOVEMBER 3, 2021

Manufacturers and distributors experienced huge supply chain disruptions due to the pandemic which exposed many vulnerabilities and tested the resilience of supply chain leaders globally. In fact, SYSPRO research revealed that 60% of businesses were impacted by supply chain disruptions during the pandemic.

Manufacturing Procurement 105

Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain 105

AFFLINK

AUGUST 17, 2022

The purpose of any supply chain is to get materials from the point of origin to the place of need as quickly and inefficiently as possible. In today's market — now pockmarked by erratic supply chain disruptions — fulfillment is easier said than done. Top Distributor Challenges: 1.

Manufacturing Procurement 62

Manufacturing Procurement Supply Chain Software Optimal Sourcing Demand Planning Software 62

Enterra Insights

JANUARY 31, 2022

Ralf Seifert, as Professor of Operations Management at the Institute for Management Development (IMD), and Richard Markoff, a supply chain researcher, consultant, coach and lecturer, believe that assessment is too harsh. Supply and Demand are Out of Whack. So, there was supply chain disruption. ”[3].

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Supply and Demand 130

USC Consulting Group

NOVEMBER 9, 2021

Disruptive supply chains cause uncertainty. And although there have been significant improvements with technology, supply chain disruptions are still managed by people. There are five types of solutions supply chain managers can employ to decrease uncertainty and to improve reliability in their supply chain.

Supply Chain Planning Software 40

Supply Chain Planning Software Material Savings Supply Chain Planning Supply Chain Software 40

BlueYonder

JANUARY 24, 2023

Salim: What we are seeing on the supply side is complexity with increased volatility and uncertainty. As we have observed in the last two years, the magnitude and the frequency of supply chain disruptions are on the rise. This industry is seeing a double whammy with demand and supply issues. Can we expedite?

Automotive 69

Automotive Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain 69

Precoro

MAY 19, 2023

According to McKinsey survey of global supply chain leaders , only 53% of respondents describe the quality of data in their supply chain planning systems as “sufficient” or “high.” less likely to be affected by supply chain disruptions.

Procurement Analytics 98

Procurement Analytics Metrics Supply Chain Planning Software Supply Chain Software 98

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

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

Resilinc

AUGUST 30, 2023

The impact of the bottleneck goes beyond the canal itself, causing delays in container shipping and inventory replenishment along various shipping routes. Then, managers should invest in a 24/7 supply chain monitoring system. Resilinc’s EventWatch AI monitors 50 supply chain event types, including climate-related disruptions.

Panama 62

Panama Modeling Supply Chain Planning Software Supply Chain Optimization 62

3rdwave

JUNE 21, 2019

However, since globalization is the driver for broad business growth a company should be equally focused on the global supply/demand networks. Any company that trades globally or depends on products that are sourced globally are going to find out what resiliency means. 6 capabilities of a resilient supply chain.

Optimal Sourcing 82

Optimal Sourcing Supply Chain Optimization Agile and Lean Supply Chain Manufacturing Procurement 82

QAD

JUNE 17, 2021

Even without a global pandemic and its aftershocks, manufacturing supply chains are often brittle and can break easily when disruptions occur, leading to over- or under-utilized resources, premium freight costs, inventory write-offs, lost orders and faulty decision-making.

Supplier Management 97

Supplier Management Supply Chain Planning Software Supply Chain Planning Supply Chain Software 97

QAD

FEBRUARY 7, 2023

Outsourcing: When you trust a supplier, you can transfer to them time-consuming activities like managing inventory levels or certain aspects of customer service. Supplier consolidation: When you and a supplier work well together, you better understand what the other needs to operate efficiently and can work to accommodate.

Price Reduction 98

Price Reduction Material Savings Vendor Strategies Inventory Reduction 98

Logistics Bureau

OCTOBER 24, 2022

It’s been three months already since we published our first regular roundup of supply chain and logistics news—doesn’t time fly? How retailers are reevaluating post-pandemic inventory strategies. Australia’s continuing weather-driven supply chain problems. Digital Twins for Inventory and Supply Planning.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software Supply Chain Planning 52

EazyStock

JANUARY 6, 2023

If you’re buying raw materials or components, review your bill of materials to see if it’s possible to substitute materials or items for cheaper options or source from alternative suppliers. Connecting the different tools to your ERP system allows you to access more information at various supply chain stages.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software Supply Chain Software 52

EazyStock

JANUARY 6, 2023

If you’re buying raw materials or components, review your bill of materials to see if it’s possible to substitute materials or items for cheaper options or source from alternative suppliers. Accurate demand forecasts can help you stay on top of inventory and improve strategic planning for different risk scenarios. Supplier management.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software Supply Chain Software 52

ModusLink Corporation

JULY 15, 2022

2021), Supply chain digitization (or supply chain digital transformation) is the process of turning analog Supply Chain processes into digital ones by establishing dedicated master data that aggregates information from across your entire Supply Chain, as well as information from some external sources (e.g.

Supply Chain Software 78

Supply Chain Software Trends Supply Chain Negotiate Pricing 78

TMC

MARCH 9, 2017

This shows that shippers are capitalizing on new mode/route combinations that will help them save cost, reduce lead time, and mitigate supply chain disruptions and risks (such as labor disputes in the ocean shipping industry). Source: World Economic Forum, [link]. For example, the Financial Times reported that U.S.

Cost Reduction Strategies 48

Cost Reduction Strategies Purchasing Training Inventory Reduction Negotiating Skills 48

Supply Chain Matters

MAY 23, 2022

Regarding perspective, between December 2021 and March of this year, the index reflected an easing of global supply chain pressures. The authors point to the delivery time disruptions occurring in China , an increase in air freight costs from the U.S. Warehouse inventory levels are noted as remaining quite high.

Supply Chain Optimization 59

Supply Chain Optimization Supply Chain Planning Software Supply Chain Software Supply Chain Strategy 59