Ware2Go

JUNE 20, 2023

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? The World Trade Organization estimates 43 billion tons of goods are shipped each year—due in part to the rising trend of eCommerce.

Negotiating Skills 98

Negotiating Skills Supply Chain Planning Software Supply Chain Planning Freight 98

The Logistics & Supply Chain Management Society

FEBRUARY 15, 2021

IoT supports operational efficiencies in areas such as asset tracking, inventory management and forecasting, improving productivity and aiding decision-making across the supply chain. Here are just a few examples: Predictive maintenance: In manufacturing, predictive analytics supports predictive maintenance.

Supply Chain Planning Software 298

Supply Chain Planning Software Supply Chain Software Prescriptive Analytics Software Predictive Analytics Software 298

Enterra Insights

OCTOBER 26, 2021

For instance, unsold goods being sent from a retailer back to a distribution center or the manufacturer would constitute reverse logistics. A provider offering reverse logistics stores a retailer’s inventory in a third-party warehouse. When customers return an item the 3PL has previously shipped, it arrives back at their warehouse.

Waste Reduction 130

Waste Reduction Reverse Logistics Inventory Reduction Cost Reduction Strategies 130

Supply Chain Matters

MARCH 6, 2024

According to a published report by The Wall Street Journal ( Paid subscription ), this asset light company has recently elected to transition its business model to an auto dealership based vehicle distribution model. Shipping new vehicles from Austria to the U.S. based dealer network.

Sourcing Strategies 52

Sourcing Strategies Austria Supply Chain Planning Software Manufacturing Procurement 52

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

Supply Chain Matters

FEBRUARY 23, 2023

Carriers and logistics services providers experienced windfall profit levels in their ability to leverage the constant disruptions and ship deployment imbalances into skyrocketing spot rates, added services fees, surcharges or demurrage penalties. Barclays in-turn cut 2023 earnings estimates for Maersk and Zim Integrated Shipping Services.

Negotiating Skills 52

Negotiating Skills Inventory Reduction Price Reduction Cost Reduction Strategies 52

NC State SCRC

DECEMBER 15, 2022

In today’s Wall Street Journal , I was interviewed regarding a case that was just filed against Amazon by a large robotics , claiming that the e-commerce giant backed away from promises made early in the Covid-19 pandemic to support the supplier with millions of dollars in new purchases.

Forecasting 52

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Supply Chain Matters

FEBRUARY 25, 2022

merchants held a total of nearly $643 billion in inventories, described as being below pre-pandemic level, while the closely watched inventory to sales remained near its lowest point in 30 years. With the on-time arrival times of container ships down to a level of less than 36 percent, and with ocean transit times from Asia to U.S.

Supply Chain Planning 40

Supply Chain Planning Inventory Manufacturing Procurement Supply and Demand 40

DAT Solutions

JULY 30, 2015

Jeff Tucker 's guest column in yesterday's Wall Street Journal pointed to the pivotal role of technology, including DAT Load Boards , in freight logistics today. If it works for taxi passengers, why not for shipping? Jeff also highlighted the contribution of freight brokers to the efficient movement of cargo.

Logistics Network Optimization Software 70

Logistics Network Optimization Software Journal Predictive Analytics Software Supply Chain Software 70

RFgen

JULY 25, 2018

A well-run supply chain perfectly estimates the optimal amount of inventory. It can be difficult for companies to operate this way, and therefore many tend to overcompensate with higher inventory. Superfluous inventory can be reduced and even eliminated without impacting client satisfaction negatively with these tips: 1.

Inventory Reduction 52

Inventory Reduction Waste Reduction Cost Reduction Strategies Inventory 52

RFgen

JULY 25, 2018

A well-run supply chain perfectly estimates the optimal amount of inventory. It can be difficult for companies to operate this way, and therefore many tend to overcompensate with higher inventory. Superfluous inventory can be reduced and even eliminated without impacting client satisfaction negatively with these tips: 1.

Inventory Reduction 52

Inventory Reduction Waste Reduction Cost Reduction Strategies Inventory 52

Supply Chain Matters

MAY 22, 2023

According to the April report commentary , the industry remains hopeful in new signs indicating that retailers and manufacturers are getting closer to working off the overall glut of inventories that resulted in 2022. Global Manufacturing Activity Levels Global manufacturing activity as depicted by the J.P. The two U.S.

Negotiating Skills 52

Negotiating Skills Inventory Reduction Cost Reduction Strategies Price Reduction 52

Supply Chain Matters

APRIL 4, 2024

In reporting of the latest investment, The Wall Street Journal observed that the total investment represents Amazon’s largest investment in another company since its founding 30 years ago. The data is then compared with the existing warehouse management system (WMS) in order to foster real-time inventory accuracy and availability information.

Supply Chain Design Software 40

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software 40

Supply Chain Matters

SEPTEMBER 6, 2022

The Wall Street Journal reported this week (Paid subscription or metered view) that ocean container freight rates related to the most active global shipping lanes continue to decline amid what is traditionally considered the peak shipping period leading up to the holiday fulfillment season in the November-December period.

Report 52

Report Global Scenario Planning Forecasting 52

Resilinc

OCTOBER 4, 2022

A similar story could be told for manufacturing industries whose supply chains extend into Florida. Florida is a major hub and home to a variety of industries including: aerospace, high tech, healthcare, electronics, pharmaceuticals, life sciences, agriculture, manufacturing, security, and more.

Pharmaceutical 62

Pharmaceutical Florida Tampa Supply Chain 62

Unleashed

AUGUST 28, 2023

The cost of sales is an inventory accounting metric that measures the accumulated costs in getting finished goods to market. The cost of sales metric is most commonly used in the retail and eCommerce industries, whereas manufacturing businesses typically calculate profitability using the cost of goods sold formula instead.

Purchasing Skills 52

Purchasing Skills Negotiating Skills Cost Reduction Strategies Examples 52

RFgen

MAY 8, 2016

Proper temperature prevents certain inventory from becoming unusable and keeps consumables safe for customers. companies look for new ways to ship their goods around the world and maintain visibility without succumbing to the obstacles of geography. Extreme Temperatures for Special Products.

Inventory 52

Inventory Pharmaceutical Supply Chain Planning Software South America 52

RFgen

MAY 8, 2016

Proper temperature prevents certain inventory from becoming unusable and keeps consumables safe for customers. companies look for new ways to ship their goods around the world and maintain visibility without succumbing to the obstacles of geography. Extreme Temperatures for Special Products.

Inventory 52

Inventory Pharmaceutical Supply Chain Planning Software South America 52

Supply Chain Matters

DECEMBER 4, 2023

In our prior highlights and perceptions of September and October published indices , we observed that the numbers once again signaled continued contraction in global manufacturing output and product demand levels. Global Wide Manufacturing Activity Levels Global manufacturing activity as reported by the J.P. in November.

Procurement Analytics 59

Procurement Analytics Manufacturing Procurement Report Global 59

Supply Chain Shaman

FEBRUARY 23, 2015

As a country, I think that we need to rethink supply chain flows for chassis, drayage and the unloading of larger ships. I don’t think that the ports are up to the challenge of moving the high-levels of freight with larger ships without rethinking unloading space, equipment and flows. It takes 2 to 3 days to unload a ship.

Long Beach 150

Long Beach Los Angeles Supply Chain Design Software Supply Chain Design 150

Unleashed

SEPTEMBER 28, 2023

If you’ve ever had inventory sitting in the storeroom or warehouse unused, unsold, and taking up space – you’ve experienced dead stock. Fortunately, efficient dead stock inventory management can help you avoid those losses. It can appear in the form of raw materials, in-progress inventory, or finished goods. Let’s dive in.

Material Savings 52

Material Savings Inventory Reduction Price Reduction Cost Reduction Strategies 52

Supply Chain Matters

MAY 3, 2022

In this Supply Chain Matters commentary, we highlight the latest quantitative data related to global manufacturing PMI activity levels for April. Global Manufacturing Output Levels Declined. The Global Manufacturing Output sub-index reportedly dropped to a contraction value of 48.5 Manufacturing Indices. in March to 46.0

Manufacturing Procurement 52

Manufacturing Procurement China Purchasing Skills Supply Chain Planning 52

Supply Chain Matters

JULY 15, 2022

This week, the company announced a reversal in manufacturing and supply chain strategy, as well as a major turnabout. The company will henceforth outsource the manufacturing of its stationary exercise bikes and treadmills to a Taiwan based contract manufacturer. Pivot Toward Internal Manufacturing Presence.

Sourcing Strategies 105

Sourcing Strategies Cost Reduction Strategies Expense Reduction Inventory Reduction 105

Supply Chain Matters

AUGUST 7, 2023

The July PMI report further pointed to current inventory levels being at their lowest point in the history of this index, and based on July data, is still an ongoing process. A similar acknowledgement came from the CEO of global shipping and logistics services firm A.P. There were 1.96 warehouse workers in June of 2022.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Transportation Logistics Warehousing 52

ToolsGroup

MAY 18, 2022

This made it incredibly difficult for manufacturers to accurately gauge the market size for production. There are Five Symptoms of Outdated Forecasting and Inventory Planning Software: Have you diagnosed your problem– and solution–to improved demand planning? Image source: Sturgis Journal.

Manufacturing Procurement 156

Manufacturing Procurement Supply Chain Planning Software Pricing Training Purchasing Skills 156

Enterra Insights

APRIL 27, 2021

1] One of those “future shocks” occurred when the Suez Canal was blocked for days by a grounded container ship — the Ever Given. They explain, “The preference for domestic jobs and manufacturing and promise of subsidies could mark a point at which the world shifts away from free trade and open markets.

Sourcing Strategies 130

Sourcing Strategies Manufacturing Procurement Sourcing Agile and Lean Supply Chain 130

Supply Chain Matters

MARCH 23, 2022

After a three-day stoppage of rail operations impacting transcontinental shipments of key commodities and manufactured goods, the Canadian Pacific Railway and the Teamsters Canada Rail Conference have reached a settlement calling for final and binding arbitration of differences. Foxconn Forecasts Challenging Operating Environment This Year.

Ukraine 52

Ukraine Kansas City Supply Chain Planning Software Supply Chain Strategy 52

Talking Logistics

SEPTEMBER 7, 2018

The New First Moment of Truth: Can We Ship It Profitably? In this age of free shipping, it seems that for online orders, there’s a new first moment of truth: can we ship it profitably? Previously, the retailer would ship those items, regardless of distance or shipping cost.

Logistics Network Optimization Software 101

Logistics Network Optimization Software Supply Chain Design Software Supply Chain Network Software Manufacturing Procurement 101

SCMDOJO

MARCH 25, 2022

Also, traditional logistics focuses its attention on activities such as procurement , distribution, maintenance, and inventory management. In the 1960s, there were some prominent textbook authors and authors of academic and professional journals. In one of the old article of SCMDOJO “ What is Supply Chain Management ?

Supply Chain Planning Software 131

Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Software Agile and Lean Supply Chain 131

Enterra Insights

JANUARY 21, 2022

” As I understand his statement, he is applauding retailers’ selling efforts in the midst of a pandemic, inventory shortages, and rising inflation. Logjams characterized supply chain woes leading up to the holidays, which resulted in many products ending up stuck on ships or in ports waiting to be offloaded. Job well done.

Price Reduction 130

Price Reduction Inventory Reduction Expense Reduction Cost Reduction Strategies 130

Enterra Insights

SEPTEMBER 29, 2020

While some manufacturers and retailers had fairly mature omnichannel operations, other companies hastened to bolster their operations. Manufacturers, however, are also getting more involved. Retailers and manufacturers must always be looking ahead to see how the business landscape is changing. The rush to omnichannel operations.

Company 100

Company Manufacturing Procurement Omnichannel Procurement Analytics 100

Enterra Insights

MAY 4, 2020

.”[5] Extended global supply chains are being questioned as is a heavy reliance on Chinese manufacturing. ” Reliance of Chinese manufacturing has many pundits insisting manufacturing needs to be re-shored or near-shored. ” Sourcing Journal , 1 April 2020. [5] ”[6]. ” Footnotes. [1]

Supply Chain Planning Software 173

Supply Chain Planning Software Scenario Planning Supply Chain Planning Supply Chain Strategy 173

Supply Chain Shaman

OCTOBER 2, 2020

The organization is not clear on accepting special requests and expedited shipping policies, often resulting in a lower margin. Dan, new to the job, failed to remove the shipping bolts from the back of the washer. The two primary manufacturing sites are located in Salt Lake City, Utah, and Irmo, South Carolina.

Customer Service 285

Customer Service Supply Chain Design Software Supply Chain Planning Software Supply Chain Design 285

Supply Chain Matters

OCTOBER 25, 2022

West Coast Container Ship Backup Has Ended. In our Supply Chain Matters news capsule of September 27, we pointed out that business, supply chain and transportation media had reported this that the cost of shipping a container of goods from China to the U.S. Whereas the spot rate to ship a container from China to the U.S.

Ukraine 52

Ukraine Supply Chain Planning Manufacturing Procurement Los Angeles 52

IQMS

OCTOBER 18, 2019

Key factors influencing inventory levels, supplier quality, demand forecasting, procure-to-pay, order-to-cash, production planning, transportation management and more are becoming known for the first time. The machine learning algorithms in IBM’s Watson platform were able to determine if a shipping container and.or no opt-in).

Supply Chain Planning Software 73

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Analytics Software 73

ToolsGroup

DECEMBER 20, 2021

Higher container costs , resulting in container-by-container decisions on what to ship. Image source: American Journal of Transportation. Many importers operating with just-in-time (JIT) inventory couldn’t get hold of the parts they needed. . Container availability , leaving importers scrambling to find space.

Supply Chain Disruption 194

Supply Chain Disruption Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 194

RFgen

JANUARY 27, 2016

Consumers may not take to certain merchandise or old solutions for inventory management and shipping may not work with certain items that need specialized handling. manufacturers will no longer be allowed to use tiny plastic materials called microbeads in health, hygiene and beauty products. In the near future, U.S.

Manufacturing 52

Manufacturing Supply Chain Planning Software Scenario Planning Supply Chain Software 52