Inbound Freight Trends for 2020: A Commitment to Improving Vendor Relations

Cerasis

The leading inbound freight trends for 2020 reveal a stronger push to improve inbound logistics efficiency and lower barriers to inventory management stress. Shippers that take time to understand these trends can position their organizations for success. The post Inbound Freight Trends for 2020: A Commitment to Improving Vendor Relations appeared first on Transportation Management Company | Cerasis. Inbound Freight Trends Inbound Freight Trends

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Freight Data Trends for 2019 and How a TMS Will Grow in Value

Cerasis

The application of data can help shippers gain control of shipping costs and make informed decisions, and the top freight data trends for 2019 exemplify how the use of a transportation management system (TMS) can further this cause. Shippers need to consider how the freight data trends will affect dropshipping, omnichannel shipping, reporting capabilities, and much more. As omnichannel shopping becomes the standard for consumers, the use of freight data will excel.

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Inbound Freight Trends for 2020: A Commitment to Improving Vendor Relations | TALKING FREIGHT Video

Cerasis

The leading inbound freight trends for 2020 reveal a stronger push to improve inbound logistics efficiency and lower barriers to inventory management stress. Shippers that take time to understand these trends can position their organizations for success. The post Inbound Freight Trends for 2020: A Commitment to Improving Vendor Relations | TALKING FREIGHT Video appeared first on Transportation Management Company | Cerasis.

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Inventory Management

LeanCor

Whether we like it or not, logisticians are staring two trends in the face: the increase of e-commerce and the desire to receive online orders in our hands right now. Inventory management, network infrastructure, and labor deployment are all critical components necessary to meet this intense customer demand. Inventory Management Strategy. This requires us to push the boundaries of current inventory management practices, or hold lots of inventory network-wide.

The Logistics Trend Behind The Latest Trend

Freightos

The Logistics Trend Behind The Latest Trend. Are You Up With The Trends? Rapidly emerging trends demand a flexible supply chain that can harness new technology and find new efficiencies. These trends have pushed innovation, and the need for new logistics technology up and down the supply chain. This highlights another a micro-trend within manufacturing for more flexible manufacturing and being efficient with smaller production runs. More Than A Trend.

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Inventory Optimization 101 – Smart & Effective Inventory Management

ThroughPut

What is Inventory Optimization? Inventory Optimization is defined as a method of balancing the manufacturers’ capital investment constraints and goals along with the defined service-level goals over a large assortment of stock-keeping units (SKUs) while considering all demand and supply volatility situations. 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.

Peak Shipping Season: A Review of Trends from the 2018 Holiday Peak Season

Cerasis

It is that time of year again when we at Cerasis take a global view of what trends to expect in supply chain management throughout the remainder of the year. So, let us reflect on the peak shipping season trends we saw at the close of 2018 and how those trends will affect the industry now and throughout 2019. Meanwhile, inventory levels rose 3.6 Shippers need to take note of the peak season trends for 2019; trends shape strategic decision making. Freigh

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Air Freight Trends to Watch in 2019

CH Robinson Transportfolio

What is your air freight strategy for the year ahead? Demand growth, the type of capacity airlines are adding to the market, and tariffs are big trends to watch this year. The surge in demand for air freight that took off in mid-2016 normalized in early 2018. It is likely that 2018 will end with a growth rate in the 4% range, down from 10% in 2017 (measured in freight tonne kilometers per IATA ). Airlines continue to hone their air freight capacity strategy.

7 Distribution Technology Trends Worth Discussing

Cerasis

As a result, you need to understand what distribution technology trends, as explained by Advantage Business Media and Lindsay Konzak of Modern Distribution Management , are being seen in today's distribution network and how they will impact future operations. As a result, carriers and suppliers are focusing on how value-added services, such as auditing, small package processing and delivery, and freight optimization, can reduce overall costs and shipping duration.

E-Commerce Freight Consolidation & Desconsolidation: Understanding the Role of Intermodal Freight Shipping for Successful E-Commerce Logistics

Cerasis

The world has entered the era of e-commerce, and companies around the globe are struggling to keep up with the trend. For shippers, the best way to handle the e-commerce logistics surge lies in e-commerce freight consolidation and deconsolidation. E-Commerce Growth Is Incompatible With Stagnate Freight Shipping Strategies E-commerce growth can boggle the mind. Faster delivery and decreased freight spend. Track inventory in real time.

Air Freight Trends to Watch in 2019

CH Robinson Transportfolio

What is your air freight strategy for the year ahead? Demand growth, the type of capacity airlines are adding to the market, and tariffs are big trends to watch this year. The surge in demand for air freight that took off in mid-2016 normalized in early 2018. It is likely that 2018 will end with a growth rate in the 4% range, down from 10% in 2017 (measured in freight tonne kilometers per IATA ). Airlines continue to hone their air freight capacity strategy.

Improving inventory management

EFT

Factory closures, blank sailings, massive cuts to air freight, reduced warehouse capacity and more have hit business-as-usual and often turned carefully calibrated chains on their head. In his opinion the way you do that is “By putting inventory close to customers.

The Top 6 Trends in Logistics Impacting Shippers in 2017

Cerasis

Fortunately, your organization can get ahead of the learning curve by knowing what trends in logistics to watch for this year. The Top 6 Trends in Logistics Impacting Shippers in 2016. To meet this increased demands, more manufacturing and logistics partners are looking for ways to shorten product lifecycles through improving inventory management systems, changing shipping strategies and altering the fundamental ways products move from point A to point B.

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[PODCAST] Why Digital Tools to Optimize Inventory Management Allows Supply Chain Execs to Stay More Strategic at Every Link in the Supply Chain

Cerasis

Hello and welcome back to another episode of “The Freight Project Podcast!” On today’s episode, we welcome Margaret Bendis, US Marketing Specialist for a company called EazyStock a cloud-based software-as-a-solution (SaaS) that optimizes inventory management. We hope you enjoy “The Freight Project Podcast.” We’ll publish every Tuesday right on the Cerasis blog and Freight Institute. Inventory Management Logistics Podcast Supply Chain

10 Commandments of Inventory Management

Supply Chain Opz

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. Then, this article will show you 10 simple principles that you can use to streamline your inventory management practices right away. 3) Forecast at the right level Standard inventory management textbooks suggested that forecast be done at a product family level.

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

Kinaxis

by Jeswin Philip The Food Packaging Trends and Advances report from PMMI forecasts that the US Food and Beverage industry will experience a 2.9 % CAGR through 2022. 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.

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

Cerasis

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. Distributors will inbound to a manufacturer the inventory needed and transportation management, especially inbound freight management, efficiency is paramount to an effective vendor managed inventory model.

Shipping Less-Than-Truckload Freight in E-Commerce: Shipping Online Is More Than Just Parcel Shipments

Cerasis

According to Logistics Management, more parcel carriers are moving heavier parcel shipments to less-than-truckload freight in e-commerce because they’re overwhelmed. This creates a wonderful opportunity for shippers to eliminate the middleman costs by considering the use of less-than-truckload freight options for e-commerce. retail sales could easily trend upward to 20 percent or more. Why Are Shippers Looking to Less-Than-Truckload Freight in E-Commerce?

6 Trends Affecting Inbound Freight Management!

Supply Chain Game Changer

Successful inbound freight management depends on a strong logistics management program. Shippers need to have a robust set of controls in place, a high-quality inbound freight routing guide , automated tracking technology, reporting capabilities, and much more. Shippers need to understand the trends throughout the industry affecting inbound freight management and how to plan accordingly. Congress Will Affect Successful Inbound Freight Management. Subscribe Here!

Transportation Trends: What’s Going on in the Trucking Industry?

PINC

Here are the top trucking trends that all shippers should be aware of, according to The American Transportation Research Institute. Coming into 2019, issues like the tariff wars, driver shortage, and rising freight rates were high on transportation managers’ radar screens. Freight rates have leveled off (and even retreated, in some cases). Reefer freight rates continue to drop, with a current national average of $2.14

5 Third Party Logistics Trends in 2015

PLS Logistics

Here’s an overview of the top trends we saw from 3PLs in 2015: Implementing New Services. These services are typically designed through advanced transportation management systems (TMS) for detailed product tracking, inventory management and historical data analysis. 3PLs enable companies to handle the increase in freight volume with guaranteed capacity, avoiding the worsening driver shortage. New technologies and new demands made 2015 a year of change for 3PLs.

Experts Reveal Top Transportation Trends to Watch

Supply Chain Opz

In this article, leading experts from various sectors in transportation industry will discuss transportation trends you should take a closer look. James Winebrake, Dean of College of Liberal Arts, Rochester Institute of Technology There are a number of important trends happening in the freight industry, spanning all modes of transportation: trucking, shipping, rail, pipeline, and air. Each full “truckload” equivalent of freight moved by rail reduces C02 emissions by 66%.

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Logistics Technology Trends: The Rise of the Machine

Freightos

Technology Trends for the Logistics Industry. Those that want to embrace the latest, cutting-edge technologies should consider these popular trends, and the impact they have on the future of logistics and supply chain management. RFID technology helps companies keep tabs on their assets and inventory, reducing the number of goods that are lost or stolen during the manufacturing and shipping process, ensuring that more end up where they belong and less money is lost.

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Why Large Companies Increasingly Opt for 4PL Services

Logistics Bureau

Even slight delays or inventory shortages can have a severe impact on a company’s bottom line. At the height of the pandemic-linked supply chain disruptions, Amazon set the bar extremely high for other 4PL providers, despite initially experiencing inventory shortages.

Logistics Trends Part 2

BluJay Solutions

First Trend: Yield Dilution. One of the longest term trends in the industry has been dilution of yields, which means that forwarders have to work harder to maintain their revenues. Global manufacturers have found ways in which to flex their supply chains to utilize lower cost sea freight rather than more expensive air cargo. This may seem counter-intuitive as sea freight transit times are increasing as shipping lines introduce slow steaming in order to reduce fuel costs.

Supply Chain And Logistics Trends That Could Be Big In 2020

Logistics Bureau

Rob O’Byrne makes an early start with his round-up of supply chain and logistics trends that might make industry headlines in the coming year. His observations include trends in first and last-mile logistics, and the increase in SMEs entering global markets. 2020 Supply Chain and Logistics Trends: What’s Around the Corner? I was a little late getting started in 2018, and we were already into 2019 when I got round to publishing my usual trends article.

5 ways ERP improves inventory visibility in your supply chain

OptiProERP

Inventory visibility is one of the critical aspects of any manufacturing business. It helps organizations understand how much inventory is available, at what location , and at any given point of time. To ensure inventory visibility, you should have access to view, manage, and update your inventory status from trusted software. What Improved Inventory Visibility does. Inventory ties up money. How ERP Improves Inventory Visibility.

Excess Inventory? No Problem. You Have Trailers In the Yard.­­

Talking Logistics

With the national warehouse vacancy rate hovering at record lows and warehouses bloated with inventory pulled in from China during 2018 to get ahead of impending tariffs, companies can combine flexible storage options with advanced technology to create an end-to-end supply chain solution that works. This trend gathered steam last year thanks to a warehouse vacancy rate of 4.3% Phillips writes in Swamped With Inventory, U.S. The post Excess Inventory?

COVID-19 accelerates four trends and changes within global supply chains

Proxima

Whether warehousing, automation, freight, retail or e-commerce, business leaders needed to evaluate and address many or all in order to maintain their supply chains and keep up with the demand, which in turn, was drastically altered by the pandemic.

Global Trends Podcast Discusses Today’s Challenges

CH Robinson Transportfolio

Recently, I had the chance to talk with Eric Kleinsorge, publisher of Global Trade Magazine for a GT Podcast titled Global Logistics & Current Market Trends. Air freight typically starts to get a little tighter towards the end of September going into October due to Chinese New Year. The post Global Trends Podcast Discusses Today’s Challenges appeared first on Transportfolio.

Global Trends In Digital Supply Chain - 2019 Review

Abivin

Autonomous mobile robots The trend of autonomous mobile robots (AMR) are changing the supply chain industry even though it has not been this much widespread in the past. Artificial Intelligence and the Internet of Things A technology trend continues to grow in 2019 is the Internet of Things (IoT). Artificial Intelligence plays a vital part in freight movement tracking. Source) 2019 comes with various trends in supply chain management.

Three Mega Trends Driving Supply Chain Transformations

TMC

We recently participated in two conferences that both focused on this topic: Transparency 18 , a freight visibility summit hosted by FreightWaves, and the Gartner Supply Chain Executive Conference —Move to Mastery: Innovate, Disrupt, and Scale the Digital Supply Chain. We see three mega trends that are driving both growth and interest in the industry. The post Three Mega Trends Driving Supply Chain Transformations appeared first on Connect Blog by TMC, a division of C.H.

Three Mega Trends Driving Supply Chain Transformations

TMC

We recently participated in two conferences that both focused on this topic: Transparency 18 , a freight visibility summit hosted by FreightWaves, and the Gartner Supply Chain Executive Conference —Move to Mastery: Innovate, Disrupt, and Scale the Digital Supply Chain. We see three mega trends that are driving both growth and interest in the industry. The post Three Mega Trends Driving Supply Chain Transformations appeared first on Connect Blog by TMC, a division of C.H.

10 Inventory Management Hacks You Can Do in 10 Days

Supply Chain Opz

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. Then, this article will show you 10 simple principles that you can use to streamline your inventory management practices right away. 3) Forecast at the right level Standard inventory management textbooks suggested that forecast be done at a product family level.

26 logistics professionals reveal the biggest trends in logistics technology

6 River Systems

To learn more about the biggest trends shaping the logistics industry today, we reached out to a panel of logistics professionals and asked them to answer this question: “What are the biggest trends in logistics technology?” Read on to learn what our experts had to say about the most important logistics technology trends impacting the industry today. Companies can accurately forecast demand, timely order raw materials and manage inventory more efficiently.