ToolsGroup

JULY 19, 2023

The Italian consumer goods company applies ToolsGroup’s probabilistic forecasting and inventory optimization across its expansive network to enhance customer experience and business value. This automated, AI-powered solution includes Demand Planning & Forecasting and Inventory Optimization.

Supply Chain Planning Software 120

Supply Chain Planning Software ToolsGroup Supply Chain Planning Forecasting 120

Talking Logistics

JANUARY 9, 2019

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. during the third quarter to $7.21

Inventory Reduction 101

Inventory Reduction Inventory Warehousing Supply Chain Planning Software 101

Supply Chain Matters

JUNE 10, 2022

In our Supply Chain Matters commentaries focused on online customer fulfillment and especially the 2021 holiday fulfilment period, we cautioned retail and consumer goods supply chain management teams to be watchful for the bullwhip effect in inventory planning and replenishment needs to support expected customer demand.

Supply Chain Planning Software 52

Supply Chain Planning Software Inventory Reduction Scenario Planning Supply Chain Planning 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

Cathy Roberson

MAY 19, 2021

Technology is playing a big role but one area, in particular, that I’ve always found interesting is transportation management services (TMS). No matter the mode of transportation a shipper uses, the shipper is paying more for it, that is, when they can find space. TMS has come a long way since its early days.

Modeling 64

Modeling Capacity Supply Chain Planning Software Transportation 64

GlobalTranz

JULY 24, 2017

Cassidy of the Journal of Commerce. Rather than looking at it with only two options, shippers need a third solution; they need to take advantage of an LTL transportation management system (TMS), focusing on how leveraging today’s systems, like the Cerasis Rater , can maintain profitability and drive expenses down. “Unsustainable.”.

Transportation Management 139

Transportation Management Optimization Software Analytics Software Supply Chain Design Software 139

Enterra Insights

AUGUST 15, 2023

The so-called “retail apocalypse” was deepened by the pandemic, then came inventory overload and inflation. Transforming Inventory Management. Young observes, “[In recent years, retailers have experienced] product shortages and overstuffed inventories in rapidly changing consumer markets. 6] Jeffrey J.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Software Optimal Sourcing Supply Chain Optimization 130

Supply Chain Matters

DECEMBER 28, 2023

An initial estimate of this year’s retail holiday spending indicates a mixed bag, depending on either retail industry, consumer goods producer or logistics and transportation industry perspectives. Consumers were expecting that there would be adequate inventory of goods even up to two days before Christmas. All rights reserved.

Forecasting 52

Forecasting Apparel Inventory Reduction Journal 52

Logistics Viewpoints

OCTOBER 1, 2022

The cost to transport containerized goods peaked at unprecedented levels in late 2021. The CNBC article states, “ As delivery times and consumer demand rose this year, retailers responded by ordering inventory earlier than usual. Braemar’s BOXi index was at 317 points on Monday, plunging 30% in the past week alone.

Logistics Network Optimization Software 210

Logistics Network Optimization Software Inventory Reduction Supply Chain Software Logistics 210

Veridian Solutions

MAY 28, 2019

Inventory management mistakes constitute a significant cost contributor in today’s supply chains. According to Rod Daugherty of Manufacturing.net , the costliest problem is due in large part to poor inventory visibility and planning. What Are the Most Common Inventory Management Mistakes? Neglecting inbound processes.

Inventory Management Software 66

Inventory Management Software Inventory Reduction Inventory Management Optimal Sourcing 66

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. Jeff has been a leader in freight logistics since 1992; he is president and CEO of Tucker Company Worldwide and Chairman of the Transportation Intermediaries Association.

Logistics Network Optimization Software 70

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

Supply Chain Matters

MARCH 27, 2024

National Transportation Safety Board (NTSB) investigators have reportedly recovered the ship’s data recorder and will conduct interviews with crew members and harbor pilots who were onboard the vessel. Transportation Secretary Pete Buttigieg has indicated that the closure of this port will have “ major and protracted impact on supply chains.”

Baltimore 52

Baltimore Supply Chain Design Software Supply Chain Design Supply Chain Software 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

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

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. West Coast ports currently averaging over 100 days, more inventory is sitting on ships and not able to be sold. All rights reserved.

Supply Chain Planning 40

Supply Chain Planning Inventory Manufacturing Procurement Supply and Demand 40

Supply Chain Matters

JULY 6, 2022

Both Business Network CNBC and The Wall Street Journal , cited data from Cox Automotive indicating that sales of new vehicles in the U.S. Elevated transportation and logistics costs and longer transit times have impacted profitability, despite ongoing price increases imposed on products. billion to $1.9

Supply Chain Disruption 52

Supply Chain Disruption Inventory Reduction Examples Supply Chain Strategy 52

Supply Chain Matters

FEBRUARY 7, 2024

We believe that these inventory management, customer and last-mile fulfillment strategies will have industry wide implications in terms of competitive stakes and cost-to-serve. Across the United States , Amazon elected to change its former predominant west to east coast hub based inventory and fulfilment distribution network.

Supply Chain Network Software 52

Supply Chain Network Software Inventory Reduction Cost Reduction Strategies Inventory Management Software 52

Enterra Insights

JUNE 21, 2022

turn to the technology for a wider range of operations, from inventory management to more personalized online search and shopping.”[4] Inventory Optimization. Keeping track of inventory in the modern omnichannel era can be a challenge. It can be used to track and locate inventory. and Wayfair Inc. AI can help.

Retail 182

Retail Supply Chain Design Software Analytics Software Optimization Software 182

Talking Logistics

JUNE 4, 2018

A recent piece in the Wall Street Journal Logistics Report highlighted how rising logistics costs are squeezing the food and beverage industry. Here is how these companies are using transportation optimization, inventory optimization and demand modeling as part of their supply chain design strategy to tackle the price factor head-on.

Inventory Reduction 102

Inventory Reduction Price Reduction Waste Reduction Cost Reduction Strategies 102

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

Forecasting Forecasting Software Inventory Reduction Manufacturing Procurement 52

RFgen

MAY 8, 2016

Proper temperature prevents certain inventory from becoming unusable and keeps consumables safe for customers. A few things prompting this growth are a global demand for pharmaceutical products in new countries, an aging population and large molecules created through biotechnology that depends on very cold transport.

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. A few things prompting this growth are a global demand for pharmaceutical products in new countries, an aging population and large molecules created through biotechnology that depends on very cold transport.

Inventory 52

Inventory Pharmaceutical Supply Chain Planning Software South America 52

Supply Chain Matters

AUGUST 6, 2022

Inventory levels reportedly increased more than 33 percent during the quarter, a reflection of what was described as an aggressive buying strategy amid supply chain disruptions. In September, the company initiated an effort to hire an additional 20,000 workers across more than 250 distribution, fulfillment, and transportation facilities.

Inventory Reduction 83

Inventory Reduction Cost Reduction Strategies Report Supply Chain Design Software 83

American Global Logistics

JANUARY 30, 2024

Key Economic Indicator #3: Recession–Business Cycle Contraction As of December 2023, the Wall Street Journal reported that a soft landing was in the making. It assesses supply chain conditions by integrating transportation costs and manufacturing. The GSCPI combines variables from several indices in transportation and manufacturing.

Supply Chain Strategy 52

Supply Chain Strategy Supply Chain Optimization Supply Chain Price Reduction 52

Supply Chain Matters

OCTOBER 19, 2023

Background For some time now, Supply Chain Matters has published viewpoints on the disruptive threat that online platform provider Amazon will and has had on both online and physical retail, but also package logistics, transport and last mile product fulfillment strategies surrounding many industry sectors.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Expense Reduction Inventory Reduction Cost Reduction Strategies 52

Enterra Insights

DECEMBER 16, 2021

According to Meyersohn, “Food manufacturers and grocers have faced higher costs for commodities, labor, transportation and other expenses during the pandemic. 4] Jaewon Kang, “ Supermarkets Are Stockpiling Inventory as Food Costs Rise ,” The Wall Street Journal, 6 July 2021. [5]

Supply Chain Design Software 130

Supply Chain Design Software Predictive Analytics Software Pricing Training Purchasing Skills 130

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

Supply Chain Matters once again highlights some positive news for global supply chain management teams, specifically transportation and logistics related teams. As supply chain logistics and transportation teams are keenly aware, rates peaked to more than $20,000 per container for both routes at this time last year.

Report 52

Report Global Scenario Planning Forecasting 52

Enterra Insights

MARCH 14, 2022

Sheffi observes, “One argument is that the just-in-time discipline enables companies to cut inventory carrying costs even if that comes at the expense of the integrity of their supply chains. He explains, “[The aim of JIT] isn’t simply to minimize inventory costs but to improve product quality.

Just-in-Time 130

Just-in-Time Inventory Reduction Supply Chain Planning Software Resource Reduction 130

Supply Chain Opz

JANUARY 3, 2022

Then, we use these criteria to rank the books, - Practicality: we look closely at how each book can provide basic concepts and strategies of the "Integrated Logistics Functions", namely, customer service, purchasing, production planning, warehousing, and transportation in a clear and concise manner. Our Rating: 5/5 2. Our Rating: 4.9/5

Logistics Network Optimization Software 130

Logistics Network Optimization Software Optimal Sourcing Six Sigma Supply Chain Planning Software 130

Supply Chain Matters

OCTOBER 7, 2022

The Wall Street Journal reported this week ( Paid subscription or metered view ), that fashion and apparel retailer Macy’s has managed to avoid the significant excess merchandise inventory levels that are challenging other retailers. We recommend that our readers have a view of this report.

Supply and Demand 52

Supply and Demand Inventory Reduction Demand Planning Software Price Reduction 52

Supply Chain Matters

AUGUST 15, 2022

According to published reports from both Bloomberg and The Wall Street Journal , the company will now source its hardware customer fulfillment needs to third-party logistics providers in an effort to reduce product delivery costs by up to half. Inventory Glut of Bicycles. That was the classic inventory bullwhip effect, alive and well.

Inventory Reduction 52

Inventory Reduction Customer Service Price Reduction Cost Reduction Strategies 52

Supply Chain Opz

MAY 1, 2018

World-Class Warehousing and Material Handling Warehouse management and inventory control is the center point of integrated logistics management that tries to balance supply and demand. Transportation: A Global Supply Chain Perspective Transportation is sometimes referred to as "Outbound Logistics". Reference - Flöthmann, C., &

Logistics Network Optimization Software 100

Logistics Network Optimization Software Optimal Sourcing Logistics Material Savings 100

Supply Chain Matters

FEBRUARY 22, 2024

based retailers would provide the best indicators of retail industry customer fulfillment trends including various changing strategies in inventory management and customer fulfilment efforts, along with restoring higher profitability levels. Inventory Management The retailer reported inventory declines of 4.5

Inventory Reduction 52

Inventory Reduction Procurement Analytics Negotiate Pricing Purchasing Skills 52

Supply Chain Opz

APRIL 1, 2018

Then, we use these criteria to rank the books, - Practicality: we look closely at how each book can provide basic concepts and strategies of the "Integrated Logistics Functions", namely, customer service, purchasing, production planning, warehousing, and transportation in a clear and concise manner. Our Rating: 4.9 Who is it for?:

Logistics Network Optimization Software 100

Logistics Network Optimization Software Optimal Sourcing Material Savings Inventory Reduction 100

GlobalTranz

DECEMBER 7, 2018

Products that are damaged during transportation. The responsibility of the company comes in when moving the product back to the distribution center or allocation to the brick-and-mortar store’s inventory. Errors in product accuracy, which may occur when the wrong item is shipped out of the facility. Buyer’s remorse. Fraudulent returns.

Omnichannel 138

Omnichannel Purchasing Skills Inventory Reduction Supply Chain Software 138

ToolsGroup

DECEMBER 20, 2021

I’ve worked in the supply chain for 30+ years, working for major retailers including Kmart, Michaels and Five Below, as well as on the 3PL and logistics side with companies including FedEx, where I was Vice President of Global Transportation, and UPS, where I worked as Vice President of Supply Chain Design.

Supply Chain Disruption 194

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