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October 11, 2023 Update

Freightos

Existing inventories by some importers and decisions to order early by others may have contributed to the brief and early peak in August. The outbreak of war in Israel has so far had little impact on ocean operations there or in the region, though many passenger and freighter flights to Israel have been canceled.

Asia 156
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ToolsGroup/Engage Alliances Summit 2023 Launches New Era for ToolsGroup and Its Global Partners 

ToolsGroup

Longest-Standing Partner: Awarded to Israel-based Rasner Logistic Software for its profound competence, partnership-driven attitude, and commitment to supply chain excellence. Our thriving customer base relies on the innovations born of this partnership,” said Amnon Rasner, CEO.

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Why you should modernize your spare parts planning

ToolsGroup

Aftermarket parts is a big net margin producer for many manufacturers, and yet service levels and inventory in these operations are often woefully sub-optimized (See CapGemini statics above). Million cash to the company’s bottom line, solely from inventory savings. There’s untapped cash and profits in your spare parts business.

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This Week in Logistics News (April 2 – 8)

Logistics Viewpoints

With more consumers pushing for supply chain transparency, Chipotle will be testing out RFID tags at its Chicago distribution center and at 200 Chicago stores to improve the traceability of its inventory systems. Israel Aircraft Industries is remodeling older Air Canada passenger jets to carry heavy freight.

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December 13, 2023 Update

Freightos

Projections through February for volumes above 2019 levels may point to continued consumer strength and expectations for inventory restocking for after the holidays. A French Navy vessel assisted the tanker and shot down a drone headed the tanker’s way.

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Supply Chain Matters This Week in Supply Chain Tech- March 17 2023

Supply Chain Matters

In its reporting, The Wall Street Journal reported that the Israel based tech provider, one of many digital freight start-ups that thrived during the period of pandemic driven logistics and transportation turmoil now forecasts its revenues to grow between 15 percent to 21 percent this year, from an earlier forecast of 87 percent growth.

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Optimizing Inventory Is About Improving Service While Lowering Inventory. Wait, What?

ToolsGroup

Equally mystifying to people is the concept of inventory optimization. I explain to people that if they’re getting this process right, overall service levels should go up by 3-5% as overall inventory levels decrease by 15-30%. – Don’t you have to raise inventory levels to guarantee service levels?” Wait, what?