Supply Chain Matters

APRIL 7, 2023

freight rates have reached their lowest levels in nearly six years. In essence, it is confirmation of a freight recession condition. That is not good for retailers and manufacturers, each under the looking glass to reduce not only transportation but also inventory carrying costs. All rights reserved. The post U.S.

Freight 52

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GlobalTranz

SEPTEMBER 23, 2021

through 2021, but total retail sales will grow 7.9%. High freight volumes across all industries in the trucking market are expected to continue into 2022.? High freight volumes across all industries in the trucking market are expected to continue into 2022.? Download the White Paper: Over the Road Freight Management Trends.

Prescriptive Analytics Software 308

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4WL Consulting

JULY 8, 2015

The previous decade has seen many companies, mainly those handling manufacturing operations, change how sourcing of direct materials is executed – from an administrative function to a somewhat strategic procurement approach that has seen the creation of a new position “the Chief Procurement Officer.”

Negotiating Skills 100

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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

Negotiating Skills 52

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Supply Chain Matters

MAY 20, 2022

There is now an urgent need for manufacturers, retailers and logistics services providers to be able to address added efficiency, ensure needed flexibility in supply chain execution processes while simultaneously ratcheted-up supply chain sustainability efforts. All rights reserved.

Sourcing Strategies 97

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The Logistics & Supply Chain Management Society

OCTOBER 14, 2021

In other words, halal requires an organisation of the supply chain instead of just the factory: from source all the way up to point of consumer purchase. This new standard has three modules: transportation, warehousing, and retailing. distributor, retailer) and suppliers (e.g.: ingredient supplier, slaughter house).

Pharmaceutical 237

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ivalua

MARCH 31, 2020

Retail shops and eateries everywhere saw their business drop off precipitously. And even if an order from an overseas supplier were to be filled, delivery issues would be compounded by the declining number of air and ocean freight options to move products into the U.S. A retailer will have empty shelves.

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The Logistics & Supply Chain Management Society

AUGUST 20, 2020

Procurement. Procurement can also have RPA do dynamic searches of websites to source or conduct market research for future buys and tenders. Freight Management. Freight management is driven by time-critical, manual tasks. RPA brings efficiency to these tasks while saving time and reducing errors.

Supply Chain Software 246

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Supply Chain Matters

DECEMBER 28, 2023

They provide capabilities to coordinate supply chain procurement, planning, fulfillment, or other network wide decision-making capabilities among various supply networks and order fulfillment segments. An evolving new area is in the monitoring and tracking of ESG focused data and conformance needs.

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The Logistics & Supply Chain Management Society

SEPTEMBER 14, 2021

But one of the biggest drivers for an increased emphasis, is the impact of the pandemic on retailers, manufacturers and suppliers, who realise that risk mitigation is critical to a resilient supply chain in times of disruption. Sustainable Transformation is Data Driven – Driving Profitable Supply Chains from Resources to Retailing.

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AFFLINK

AUGUST 17, 2022

Without the equipment and materials needed to ramp up production, consumer demand will continue to outpace delivery, leaving few distribution companies with the connections or sourcing capabilities to consistently meet customer fulfillment. Labor Shortages In warehouses, 73% of operators can’t find enough workers (Instawork).

Manufacturing Procurement 62

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The Logistics & Supply Chain Management Society

SEPTEMBER 14, 2021

In order to achieve this target, CEVA Logistics is incorporating environmental considerations in a variety of areas of operations, from warehousing to transportation and procurement. Sustainable Transformation is Data Driven – Driving Profitable Supply Chains from Resources to Retailing. Photo Credit: United Airlines.

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Freightos

JULY 26, 2018

These examples are from retail, but I sense that the same customer empowerment phenomenon is happening broadly across everything we do at Amazon and most other industries as well. Consumer retail may have taken the first hit, but customer expectations are upping the ante in every vertical. Source: Amazon.com.

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Supply Chain Matters

AUGUST 30, 2023

The Ferrari Consulting and Research Group, via its affiliated Supply Chain Matters blog calls reader attention to two recently published research papers that address evidence of ongoing shifts in global supply component and end production sourcing. The above seems to imply, from our lens, the movement toward China Plus sourcing activity.

Sourcing Strategies 59

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Supply Chain Movement

NOVEMBER 6, 2014

Entering its eighth year, Multimodal has grown to become the UK and Ireland’s premier freight transport and logistics event. Niche Retailers. Events Clarion Events distribution managers event freight transport logistics Multimodal NEC Birmingham procurement directors shipping managers Supply Chain Directors traffic managers'

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Supply Chain Matters

JANUARY 10, 2023

2023 Prediction Three: More Direct Control in Strategic or Tactical Multi-tiered Direct Materials Sourcing will Continue to be a Prominent Element of Business Strategy for Chief Supply Chain or Chief Procurement Officer Efforts. . A published Future of Freight study sponsored by Deloitte in September 2022 indicated that U.S.

Predictive Analytics Software 52

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CH Robinson Transportfolio

APRIL 30, 2019

In my last blog , I talked about how consumer demands for a larger and more immediate selection of products are forcing retail businesses to become supply chain professionals. You don’t have to be a retail supply chain expert. Orders of varying quantities can be consolidated automatically to optimize freight, timelines, and cost.

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CH Robinson Transportfolio

APRIL 30, 2019

In my last blog , I talked about how consumer demands for a larger and more immediate selection of products are forcing retail businesses to become supply chain professionals. You don’t have to be a retail supply chain expert. Orders of varying quantities can be consolidated automatically to optimize freight, timelines, and cost.

Supply Chain Software 34

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Supply Chain Matters

OCTOBER 25, 2022

are on the decline because many retailers and wholesalers elected to move holiday focused goods earlier in the year. It is becoming clearer that supply chain procurement and logistics teams elected to route import shipments thru either U.S. Instead, import volumes to the U.S. West Coast port operators. Trillion by 2030.

Ukraine 52

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Proxima

AUGUST 25, 2022

From technology to retail, there is a high chance that many of the consumer goods to be found in the average household have come from or through a Chinese port. The threat of sudden lockdowns continues to loom over procurement teams. China’s lockdowns have been a contributing factor to us hurtling towards a global recession.

Policies 91

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Supply Chain Matters

AUGUST 7, 2023

While 209,000 workers were added in June, 14,000 freight and parcel carriers were cut and 6,900 warehousing and storage jobs were lost. The conclusion put forth is that with online commerce stabilized at around 15 percent of total retail sales, the warehousing market has reached equilibrium after three years of wild swings.

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Supply Chain Matters

NOVEMBER 14, 2023

Seasonal Holiday Hiring At Its Lowest Levels Following up on our Supply Chain Matters posting highlighting the National Retail Federation’s (NRF) November 2023 holiday spending forecast , The Wall Street Journal reported this week ( Paid subscription ) that the number of U.S.

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The Logistics & Supply Chain Management Society

JULY 16, 2023

This results in incorrect actions and communication The service industry, like logistics service providers, distributors and retailers are not well prepared for halal issue and crisis management, endangering the effectiveness of halal risk mitigation measures by the brand owner.

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Supply Chain Matters

APRIL 4, 2024

Founded in 2002 with over 100 consultants and based in Boulder, Colorado , Spinnaker SCA designs and builds agile supply chains for leading brands across Consumer Staples, High Tech, Industrial Manufacturing, Retail & Apparel, Medical Devices, and Distribution Industries. billion in Generative AI start-up Anthropic.

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BlueYonder

MAY 14, 2021

One of the factors in that evaluation would also be the freight costs you incurred for that container and any additional costs if you are expediting another shipment. If you were to check the freight invoice, you probably paid four times the cost of the container as compared to last year! Chart Source: Freightwaves).

Cost Reduction Strategies 52

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Supply Chain Matters

JULY 21, 2023

parcel shippers with the threat of a labor strike for parcel carrier UPS and for LTL carrier Yellow Freight. Retailers are encouraging online buyers to pick-up in stores to keep parcel volume levels lower. Next week is turning out to be a rather challenging week for U.S. Labor Strike Threat Emerges for U.S.

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Supply Chain Matters

APRIL 14, 2023

Founded in 2000, German based Transporeon provides a digital freight platform the supports more than 1,200 shippers, 100 large retailers, and over 120,000 logistics services providers and carriers. Earlier this month, Trimble announced that this acquisition was completed.

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Supply Chain Matters

AUGUST 11, 2022

In our Part Two look back commentary , we observed efforts and activities by businesses directed at restoring more direct control of supply network materials sourcing. At the end of 2019, prior to the onset of the Covid-19 global pandemic, this index stood at $1,832 per TEU.

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Supply Chain Matters

SEPTEMBER 18, 2023

Flexport Focus Turns to Profitability and Cost Reduction In our supply chain technology breaking news update on September 7 th , we highlighted the sudden resignation of Dave Clark from the CEO role of freight technology start-up Flexport. Clark, who assumed the sole CEO role in March after company founder Ryan Petersen handed over the reins.

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Supply Chain Game Changer

NOVEMBER 9, 2018

And if necessary you may want to dual source some of your supply with more than one supplier. Many retailers tell customers when they should expect delivery of their product. Check out Freight and Logistics (Part 4) – Do You Have Hidden Freight Costs? . Add More Lanes To Your Current Highway.

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Supply Chain Matters

AUGUST 2, 2022

Supply Chain Matters highlights the latest financial performance from bellwether firms in CPG , online retail, high tech and consumer electronics regarding ongoing supply chain related inflationary cost and supply impacts on performance. billion impact related to either foreign exchange headwinds, and higher costs for materials and freight.

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GlobalTranz

JUNE 14, 2018

The Problem: Shippers Using LTL-Exclusive Shipping Have Minimal, If Any, Profitability in Freight Spend Shippers have been bartered with the topic of LTL shipping for years, including how to make better use of it, reduce freight spend and leverage technology. Full Truckload White Paper Series. Download Here. New Series.

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Supply Chain Matters

APRIL 1, 2022

This week, CEO Gary Freidman briefed investors on Q4 and full year financial performance of this retailer. Regarding claims that the supply chain would have recovered by now: “ I’ve never seen it so chaotic, honestly, from an execution point of view, whether its construction, sourcing, manufacturing, shifting supply chains or freight.

Negotiating Skills 52

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SCMDOJO

MAY 13, 2022

Fast moving forward into 2022 ongoing widespread congestions in ports, container shortages, and volatile shifts in demand for goods from Western economies causing freight rates to skyrocket ended up adding extreme pressure on the main cost drivers of the ocean side of the supply chains and beyond. Source: project44 Monthly report.

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Jaggaer

APRIL 14, 2020

Define your procurement response strategy. 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. And, assuming it can, how will it adapt to the new realities? JAGGAER (@JaggaerPro) April 9, 2020.

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GlobalTranz

MAY 21, 2015

Everything from sourcing raw materials, manufacturing, to the sales channels which feed supply for a finished product are essential factors. This requires a new broad look at the business of transportation supply chain, including supply chain management, logistics, & procurement.

Supply Chain Planning Software 120

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Freightos

AUGUST 26, 2015

So I went straight to the source and asked consultants, trade reporters, Wall Street Journal reporters and others, what their go-to logistics and supply chain sources were. is one of the industry’s most respected logistics sources. If you’re like me, staying up to date on supply chain news is critical. wsjlogistics.

Resource Reduction 120

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