The Logistics & Supply Chain Management Society

OCTOBER 15, 2023

The Approach to Effective Freight Procurement by LSCMS Shippers’ Council Container shipping procurement faces a multitude of challenges shaped by global events, industry shifts, environmental mandates, and technological advancements. To thrive in this ever-evolving landscape, shippers must embrace a flexible and responsive approach.

Optimal Sourcing 130

Optimal Sourcing Procurement Sourcing Strategies Freight 130

Ware2Go

JANUARY 7, 2022

Recent supply chain disruptions , including images of cargo ships stuck off the West Coast , have led eCommerce shops to rethink their just-in-time and just-in-case inventory strategies. . In a November survey , 87% of merchants shared that they already were affected by increased freight costs. Disadvantages.

Just-in-Time 98

Just-in-Time Optimal Sourcing Manufacturing Procurement Supply Chain Disruption 98

GlobalTranz

JULY 13, 2018

Using analytics in the supply chain has the most potential to dramatically reduce costs of supply chain management, as well as minimizing supply chain disruption. WHITE PAPER] The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018. GET YOUR COPY HERE.

Analytics Software 125

Analytics Software Supply Chain Disruption Analytics Inventory Management Software 125

Ware2Go

JUNE 20, 2023

See the latest insights on ocean freight rates and other trends that fast-growing businesses should know about to plan for 2023 peak season. In this article: Ocean Freight: Key Stats & Industry News Ocean Freight Shipping: What to Watch For In 2023 Freight Shipping From China & Alternatives What Are The Current Ocean Freight Rates?

Negotiating Skills 98

Negotiating Skills Supply Chain Planning Software Supply Chain Planning Freight 98

Ware2Go

JANUARY 7, 2022

Recent supply chain disruptions , including images of cargo ships stuck off the West Coast , have led eCommerce shops to rethink their just-in-time and just-in-case procurement strategies. In a November survey , 87% of merchants shared that they already were affected by increased freight costs. Disadvantages.

Just-in-Time 52

Just-in-Time Optimal Sourcing Manufacturing Procurement Supply Chain Disruption 52

Unleashed

MARCH 2, 2022

However, we’ve not been unaffected by supply chain challenges, and we’ve made the decision to increase this buffer to account for longer production lead times, raw material shortages and the astronomical cost of freight. Just buying more inventory is not a feasible long-term remedy.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Disruption Modeling Agile and Lean Supply Chain 98

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

The Logistics of Logistics

OCTOBER 19, 2022

Marc is the Co-founder and CEO of Fishtail, a Boston based fintech company that empowers freight forwarders to finance the movement and procurement of goods – for small and medium businesses (SMBs) around the world. Marc is a serial entrepreneur, specializing in applying advanced artificial intelligence and IoT to the supply chain industry.

Optimal Sourcing 223

Optimal Sourcing Procurement Solutions Logistics Network Optimization Software Boston 223

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 397

Global Supply Chain Price Reduction Supply and Demand 397

Supply Chain Game Changer

DECEMBER 17, 2020

What’s the Difference Between Freight Management and Logistics Management? Freight Management services article and permission to publish here provided by Saheer Gurjot. According to Steele’s Transportation Group , freight management services help companies more efficiently move freight from one point to an end destination.

Logistics Network Optimization Software 78

Logistics Network Optimization Software Freight Expense Reduction Cost Reduction Strategies 78

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

GlobalTranz

AUGUST 4, 2021

Any discussion on supply chain risk management and applying managed transportation to help prevent risks from coming to fruition is incomplete without touching on the pandemic to overcome supply chain disruption. Traditional Inventory Replenishment Strategies No Longer Work. Cybersecurity Concerns Remain.

Supply Chain Risk Management 288

Supply Chain Risk Management Risk Management Supply Chain Design Software Supply Chain Planning Software 288

Logistics Viewpoints

FEBRUARY 2, 2024

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. More than $728 million is on the way to communities around the nation to bolster intermodal freight infrastructure. And now on to this week’s logistics news.

Cost Reduction Strategies 234

Cost Reduction Strategies Inventory Reduction Logistics Network Optimization Software Manufacturing Procurement 234

Unleashed

JULY 25, 2023

The inventory turnover ratio measures how often stock is sold and replaced over time. It’s a vital inventory accounting metric for monitoring sales and managing perishable goods – without it, your business will struggle to operate efficiently and could start losing money fast. Inventory turnover is expressed as a financial ratio.

Inventory Reduction 52

Inventory Reduction Optimal Sourcing Inventory Price Reduction 52

Logistics Viewpoints

JULY 13, 2022

Supply chain disruptions are continuing to occur for a variety of reasons. One issue that does not get talked about as much, however, is supply chain fraud. Stock rooms, warehouses and any inventory holding points. Freight forwarding. Inventory records integrity. Supplier legitimacy.

Supply Chain Software 213

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

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

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

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

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

Logistics Bureau

MAY 24, 2021

Among the universal challenges that the COVID-19 pandemic has imposed upon the supply chain management profession is the question of inventory, specifically, “how much is enough?”. It wasn’t long ago that businesses were asking, “By how much can I reduce my levels of inventory?”. Let’s Start with Safety Stock.

Inventory Reduction 98

Inventory Reduction Inventory Supply Chain Planning Software Company 98

Logistics Viewpoints

JANUARY 11, 2023

Supply chain disruptions have brought about an age of innovation. Inventory Management in a High Inflation Environment ; Clint Reiser. Earlier this month my colleagues and I published our 2022 Supply Chain Predications. So, let’s take a look now at the 15 most popular logistics stories of 2022.

Logistics Network Optimization Software 216

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

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 197

Waste Reduction Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 197

Logistics Viewpoints

OCTOBER 26, 2023

We are well into the era of real-time transportation visibility, where shippers and their partners can track freight in real-time across every mode of transport. Planning is practically useless anymore I’ve said it plenty — supply chain volatility is the new normal. That covers “on-time.”

Supply Chain Planning Software 200

Supply Chain Planning Software Real-time Visibility Supply Chain Design Software Supply Chain Planning 200

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

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

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

DAT Solutions

NOVEMBER 8, 2016

The graph below depicts 24 region-to-region pairs, showing changes in rates for freight movements that originated in four Western regions, heading to destinations in six East Coast regions. These results are atypical , so they may surprise longtime freight trend watchers. If you are moving freight in the eastern half of the U.S.,

Freight 120

Freight California Florida Idaho 120

Logility

MARCH 19, 2021

When a crisis hits, having the right advanced analytics to react to supply chain disruptions in food and beverage is your best defense. It will never be easier to convince company leaders that a resilient supply chain is critical. Begin by creating an advanced analytics roadmap. 5 Ways to Focus Your Analysis.

Beverage 144

Beverage Food Modeling Supply Chain Planning Software 144

Enterra Insights

APRIL 18, 2024

The causes are myriad, including rising labor costs, geopolitical considerations, rising transportation costs, and increased risks of supply chain disruptions. Going forward, companies will need to continue to navigate supply chain disruptions, China risk, and concerns about capital outlays in a rising interest-rate environment.”[2]

Global 130

Global Cost Reduction Strategies Expense Reduction Inventory Reduction 130

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

Veridian Solutions

MARCH 18, 2020

Selecting the best inventory management system remains a vital concern for small and mid-sized businesses, as well as enterprises. In the age of the internet, inventory management carries a heavy burden; failure to track and manage inventory across all channels muddies the waters of omnichannel proficiency.

Inventory Management Software 52

Inventory Management Software Supply Chain Design Software Inventory Management Inventory Reduction 52

The Logistics & Supply Chain Management Society

AUGUST 20, 2020

Inventory Management. Regardless of how efficient and effective, all supply chains carry inventory. The bullwhip effect refers to increasing swings in inventory in response to shifts in customer demand as one moves further up the supply chain. Freight Management. Contract Review.

Supply Chain Software 246

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

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

SYSPRO Smarter ERP

JUNE 22, 2022

Margins for manufacturing firms are under pressure from increasing competition, rising material prices, high labour costs and supply chain disruptions. Things like inaccurate inventory data, redundant processes and mis-picks all waste time. Picking (in batches, by expiry date or by location, for example).

Warehousing 98

Warehousing Supply Chain Planning Software Inventory Reduction Supply Chain Design Software 98

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. Use demand modeling to fine-tune demand forecasts.

Supply Chain Planning Software 215

Supply Chain Planning Software Modeling Scenario Planning Supply Chain Planning 215

Supply Chain Matters

AUGUST 22, 2022

In this Supply Chain Matters industry specific commentary, we make the observation that retail industry sales and operations planning and demand support teams, given the current state of recent business financial performance, need to up their game in supply network inventory management agility and added responsiveness. .

Inventory Management Software 52

Inventory Management Software Agile and Lean Supply Chain Inventory Management Inventory Reduction 52

SYSPRO Smarter ERP

JUNE 22, 2022

Margins for manufacturing firms are under pressure from increasing competition, rising material prices, high labour costs and supply chain disruptions. Things like inaccurate inventory data, redundant processes and mis-picks all waste time. Picking (in batches, by expiry date or by location, for example).

Warehousing 97

Warehousing Supply Chain Planning Software Inventory Reduction Supply Chain Design Software 97