GlobalTranz

NOVEMBER 17, 2021

A 2021 Peak Shipping Season survey conducted by Edelman Intelligence found hiring to be a strong concern among supply chain decision makers with 90% having a strong need to increase hiring to account for peak season and beyond. Higher freight volumes. Download the Report: 2021 Peak Shipping Season Survey.

Shipping 232

Shipping Cost Reduction Strategies Industrial Industry 232

Freightos

OCTOBER 31, 2022

This article provides an overview, based on a survey of over 1,200 small businesses, of how small and midsize businesses have weathered the storm, and how a changing – and potentially recessionary – market is impacting their outlook. But then global freight kicked in. . The results tell a mixed story. .

Supply Chain Planning Software 156

Supply Chain Planning Software Supply Chain Planning Supply and Demand Supply Chain 156

Freightos

SEPTEMBER 14, 2022

The low rates that triggered Hanjin’s bankruptcy in 2017 quickly became a thing of the past, as surging demand, congestion, and a litany of global shipping catastrophes pushed ocean freight rates into the stratosphere. While high, the shipping costs typically paled in comparison to the lost sales due to inventory shortages. Signup Now.

Logistics 156

Logistics Cargo Comparison Freight 156

Logistics Viewpoints

SEPTEMBER 16, 2021

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.

Supply Chain Risk Management 216

Supply Chain Risk Management Risk Management Supply Chain Design Software Supply Chain Planning Software 216

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 Opz

JUNE 23, 2014

Inventory management is one of the most important tasks for supply chain management professionals. However, most inventory control theories are too complicated or too difficult to apply to real world situations. The reason is that most people now realize the value of planning practice like Sales and Operations Planning (S&OP).

Inventory Management Software 220

Inventory Management Software Inventory Management Inventory Reduction Inventory 220

Supply Chain Matters

MAY 22, 2023

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. Freight rate reportedly fell 37 percent. The LMI has now declined 6.7 The two U.S.

Negotiating Skills 52

Negotiating Skills Inventory Reduction Cost Reduction Strategies Price Reduction 52

GlobalTranz

MARCH 17, 2022

The manufacturing industry faces many challenges, such as a skilled labor shortage, supply chain instability, and inventory management issues. And moving materials and products was made difficult, especially at the start of the pandemic, due to closed borders, limited air freight, and driver shortages.

Logistics Network Optimization Software 247

Logistics Network Optimization Software Supply Chain Planning Software Inventory Management Software Inventory Reduction 247

Logistics Viewpoints

SEPTEMBER 26, 2022

But SHIFEX, the freight forwarder rate index, recently recorded the lowest ocean freight rate between China and the port of Long Beach in 24 months —a rate of $3,500 to move a 40-foot container. In one comprehensive survey of 1,000 recently laid off workers, 65% say their employer could have done a better job handling the layoff.

Vendor Strategies 204

Vendor Strategies Forecasting Long Beach Supply Chain 204

GlobalTranz

JULY 1, 2021

This is a way to determine which carriers are able to deliver properly and without issue, as well as identifying opportunities for packaging and label optimization to avoid freight claims. Rebills happen when something changes about the shipment after the original freight quote was issued.

Metrics 315

Metrics Transportation Vendor Strategies Logistics Network Optimization Software 315

The Logistics of Logistics

JUNE 23, 2022

In addition, retailers are struggling to move inventory initially ordered in the first quarter of 2022 to make way for back-to-school and holiday merchandise. Shippers that do not yet have a plan in place are more likely to find most of their freight moving through the spot market in Q3 and Q4. Weather events might also be factors.

Supply Chain Planning Software 237

Supply Chain Planning Software Supply Chain Planning Scenario Planning Retail 237

Logistics Viewpoints

MARCH 2, 2023

Freight rates have plummeted, brokerages are struggling, and the industry is still bloated with excess inventory. With the right data you can reduce your overall transportation costs, both accessorial costs and overall freight spend. Closer to home for supply chain professionals, driver shortages continue to plague the industry.

Waste Reduction 197

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

Cathy Roberson

NOVEMBER 10, 2023

According to a PWC survey , 75% of consumers are looking for deals as part of their effort to counteract price increases. So, we're taking the necessary steps to position our portfolio for continued share growth, exiting the year with momentum for our brands and ensuring our inventory health is back to historical norms.

Price Reduction 76

Price Reduction Inventory Reduction Reverse Logistics Retail 76

Zipline Logistics

OCTOBER 5, 2021

According to a Logistics Management survey of industry professionals, “there is a strong sentiment that the 2021 Peak Season will be more active than it was a year ago, with 79% of respondents indicating that will be the case, with 16% contending it will be similar to 2020, and 5% expecting it to be less active.”. Supply Side Constraints.

Freight 52

Freight Long Beach Capacity Supply and Demand 52

MIT Supply Chain

MARCH 8, 2021

Why the Truck Market’s Sharp Turn Caught the Freight Industry by Surprise The MIT FreightLab’s latest industry roundtable explored the drivers behind today’s extremely tight market for truck capacity and the broader implications for supply chains. However, in U.S. No one knows when supply and demand will be back in balance,” he said.

Freight 52

Freight Supply Chain Planning Software Industrial Industry 52

ToolsGroup

AUGUST 1, 2022

Returns come with plenty of challenges around logistics, inventory, and predicting volatile sales trends. According to a survey conducted by the National Retail Federation (NRF) and Appriss Retail, retail returns increased to more than 16%, against 10.6% The Latest Trends in Retail Returns. Retail returns are on the rise.

Retail 296

Retail Optimal Sourcing Purchasing Skills Procurement Solutions 296

SCMDOJO

APRIL 22, 2024

Among surveyed respondents, nearly 97% of industrial product companies saw disruptions during the pandemic. The price of container freight rates surged while the entire world was having to deal with delays. Businesses can go out of business overnight, so having separate suppliers for your inventory is never a bad idea.

Inventory Reduction 77

Inventory Reduction Price Reduction Cost Reduction Strategies Material Savings 77

Supply Chain Opz

MARCH 26, 2015

Inventory management is one of the most important tasks for supply chain management professionals. However, most inventory control theories are too complicated or too difficult to apply to real world situations. The reason is that most people now realize the value of planning practice like Sales and Operations Planning (S&OP).

Inventory Management Software 100

Inventory Management Software Inventory Management Inventory Reduction Forecasting 100

Logistics Viewpoints

NOVEMBER 4, 2022

The improvement is expected to be temporary, given that an aging workforce and freight demand are both projected to grow. After racking up numerous quarters of record financial performances, truckload carriers are acknowledging the historic strength of the recent freight cycle has finally petered out. percentage points higher at 76.9

Logistics Network Optimization Software 198

Logistics Network Optimization Software Logistics Negotiating Skills San Diego 198

BlueYonder

DECEMBER 2, 2022

are filled with inventory. But thanks to an almost century-old law that regulates labor relations only when it comes to railroads and airlines, Congress has imposed unpopular contracts on the four rail unions that control 30% of the nations freight shipments. Now There Are Too Many Shipping Containers.

Long Beach 76

Long Beach Los Angeles Supply Chain Strategy Supply Chain 76

GlobalTranz

APRIL 6, 2021

The demand caught off-guard those retailers and suppliers who relied on just-in-time inventory practices. In a survey commissioned by GlobalTranz, 59% of supply chain decision-makers reported being concerned about not having the proper workforce to meet customer demand. The new normal means there’s no such thing as normal.

Supply Chain Planning Software 189

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

Intelligent Audit

JANUARY 10, 2023

During what is typically peak season in customer demand, what we’re seeing instead is reduced shipping demand and declining freight rates. The year 2022 saw the challenge of retailers having overstocked inventory created by inventory gluts from COVID demand changing. Three Strategies to Navigate Falling Freight Volumes.

Inventory Reduction 52

Inventory Reduction Price Reduction Cost Reduction Strategies Real-time Visibility 52

CH Robinson Transportfolio

NOVEMBER 4, 2021

In a recent global survey conducted by our team, shippers reported congestion and capacity as their main pain points in today’s ocean environment. One way is diversifying freight through different modes like LCL. While expedited LCL shipping is not as fast as air, it is an alternative to consider for some of your freight.

Shipping 61

Shipping Inventory Reduction Cost Reduction Strategies Global 61

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. What is just-in-case procurement?

Just-in-Time 98

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

Supply Chain Matters

APRIL 4, 2023

However, we discern some added signs excess inventories and of production sourcing shifts. Further indicated was that a “ survey-record shortening in suppliers’ delivery times boosted the supply of critical raw materials and components, thereby supporting greater production levels.” similar to the S&P U.S.

Manufacturing Procurement 52

Manufacturing Procurement Manufacturing Global Purchasing Skills 52

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.” Inventory is one of the most important assets of any company, as it’s the basis for generating revenue.

Procurement Analytics 98

Procurement Analytics Metrics Supply Chain Planning Software Supply Chain Software 98

The Logistics & Supply Chain Management Society

JULY 13, 2021

According to IDC’s 2020 Supply Chain Survey – 72.8% According to IDC’s 2020 Supply Chain Survey – 72.8% It predicts that by 2022, firms will dedicate 35% of their logistics business process outsourcing services budget to process automation, focusing on order, inventory, and shipment tracking.

Supply Chain Software 130

Supply Chain Software Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software 130

ToolsGroup

JULY 24, 2019

A recent survey of European firms by Credit Suisse, the investment bank, says that companies will “no longer plan and source their supply chains predominantly on the basis of cost.” Faster response times means far less buffering to respond to all sorts of disruptions, such as exchange rate fluctuations or inventory uncertainty. .

Supply Chain Planning Software 189

Supply Chain Planning Software Supply Chain Planning Scenario Planning Gartner 189

Ware2Go

JANUARY 10, 2022

The 2021 holiday shopping season was characterized by high freight rates, elevated lead times , and over-crowded warehouses. Many merchants were concerned about having enough inventory to meet demand, and consumers wondered if they would be able to secure holiday gifts for loved ones. Big Picture Thinking.

Inventory Reduction 52

Inventory Reduction Cost Reduction Strategies Expense Reduction Price Reduction 52

Intelligent Audit

MARCH 23, 2022

“Demand was greater than available inventory” was a common theme in many retailers’ earnings announcements in early Q1 of 2022. After a strong start to the quarter in inventory receipts and product sell-through, we experienced unexpected inventory receipt slides in key categories due to extended port and transportation delays.

Supply Chain Planning 52

Supply Chain Planning Scenario Planning Forecasting Agile and Lean Supply Chain 52

Stord

APRIL 21, 2019

The use of predictive analytics in supply chain operations rose by 76% from 2017 to 2019 , according to survey data. Since freight volumes have fallen recently, they’re now left with extra capacity that has lowered spot and contract rates in 2019. before any new legislation can go into effect.

Warehousing 78

Warehousing Negotiating Skills Virginia Predictive Analytics 78

GlobalTranz

APRIL 21, 2017

Integration Enhances Inventory Control Through Better End-to-End Visibility. In fact, the Cerasis Rater can identify instances of overbilling and overpayment, request appropriate refunds and catalog weekly freight payments due in a simple, easy-to-read report. Transportation Management System ROI: What Other Business Areas Can Benefit?

Transportation Management 161

Transportation Management Supply Chain Planning Software Analytics Software Vendor Strategies 161

GlobalTranz

DECEMBER 18, 2014

Still in all most fabricators have seen steel sales rise and customer demands and inventory requirements increase over the past several years. These total costs also include hard costs such as the freight rates negotiated with carriers at an expert level through the 3PLs carrier relations team.

Manufacturing Procurement 236

Manufacturing Procurement Manufacturing Purchasing Skills Sourcing Strategies 236

CH Robinson Transportfolio

SEPTEMBER 28, 2021

Robinson Director of Research and Market Intelligence: The truck driver shortage is top of mind for many as supply chain disruptions continue, port backlogs persist, and the gap between inventory supply and sales demand widens. The answer is not simple and involves research and analysis across a number of factors.

Michigan 82

Michigan Supply Chain Planning Software Supply Chain Design Software Demand Planning Software 82

NC State SCRC

MAY 30, 2022

We surveyed 53 procurement and supply chain executives and managers about their organizations’ strategic priorities. To explore this problem further, we surveyed procurement executives and managers to explore their focus on cost versus factors that may alleviate shortages.

Supply Chain Execution 98

Supply Chain Execution Procurement Analytics Procurement Solutions Optimal Sourcing 98

Cathy Roberson

DECEMBER 6, 2021

Are you, as a shipper, struggling with high freight costs? However, 30% of shippers surveyed for the latest annual 3PL Study from NTT Data, Penn State and Penske, indicated that they plan to return to insourcing many logistics. Perhaps buying a logistics company may help ease some of these pains. I wear a number of hats these days.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Retail Supply Chain Strategy Supply Chain Planning 52

DynaSys

MARCH 18, 2022

The rise of Sales, Inventory, and Operations Planning (SIOP). Sales, inventory and operations planning (SIOP) means succinctly integrating sales, marketing, supply chain, operations, product management, procurement, pricing, and financial data with the executive team’s effective decision-making capabilities. Implications Ahead.

S&OP 59

S&OP Optimal Sourcing Supply Chain Planning Software Inventory Reduction 59