Freightos

JUNE 6, 2023

Listen to the full podcast interview here ) Source: Fort Of course, this stark reality was faced by many small and medium-sized businesses (SMBs) during the peak of the pandemic. This made supply chain living easier – most (74%) importers report that their logistics operations are at least as smooth as they were pre-pandemic.

Manufacturing Procurement 248

Manufacturing Procurement Optimal Sourcing Inventory Reduction Supply and Demand 248

SCMDOJO

APRIL 24, 2024

In 2024, the logistics and supply chain industry will continue its transformative journey, driven by technological advancements and growing consumer expectations. These technologies can examine huge portions of data from multiple sources, and recognize patterns and tendencies that would be impossible for humans to discern.

Optimal Sourcing 54

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ToolsGroup

APRIL 20, 2022

Sarah Voorhees, VP of Demand and Inventory Planning at American Tire Distributors , is one such leader who emphasizes the importance of individual check-ins: A 1:1 conversation can be intimidating, though, especially if the person has sensitive concerns. Source: Fortune. #3: Source: Fortune. But it doesn’t have to.

Sourcing Strategies 194

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ToolsGroup

NOVEMBER 4, 2022

Excess inventory – it’s taking up your warehouse space, tying up working capital, and limiting your planning team’s range of motion. It’s time to Marie Kondo your supply chain by eliminating excess inventory and learning how to avoid it in the first place. Let’s talk about: What Excess Inventory Is. What Causes Excess Inventory.

Inventory Reduction 156

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ToolsGroup

OCTOBER 25, 2022

More than ever, seasonal inventory needs to be carefully accounted for during the demand forecasting and inventory planning process , ensuring right-sized inventory that can meet customer expectations while limiting the spend and use of working capital. Benefits of Effective Seasonal Inventory Management.

Inventory Reduction 156

Inventory Reduction Inventory Optimal Sourcing Supply and Demand 156

Logistics Viewpoints

JUNE 17, 2022

According to the annual consumer survey released today by the National Retail Federation and Prosper Insights & Analytics, approximately 76 percent of US adults are expected to celebrate Father’s Day. And now on this week’s logistics news: Amazon says it will launch drone deliveries this year. And to celebrate, they will spend.

Logistics Network Optimization Software 197

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Logistics Viewpoints

NOVEMBER 12, 2021

And now on to this week’s logistics news. The company aims to produce locally sourced fruits and vegetables that cost about the same as produce from conventional farms. Next week, I will be releasing my annual holiday logistics guide , as I have done for 2020 , 2019 , 2018 , 2017 , 2016 , 2015 , and 2014.

Price Reduction 221

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Logistics Viewpoints

AUGUST 12, 2022

And now on to this week’s logistics news. Earlier this week, the company announced that it will acquire Italy’s Bomi Group, which provides global healthcare logistics services. It covers 37 states and parts of Canada through a fleet of more than 150,000 crowd-sourced drivers, it says. 7-Eleven acquires Skipcart delivery service.

Logistics Network Optimization Software 227

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The Logistics & Supply Chain Management Society

AUGUST 14, 2023

Breaking Boundaries: Exploring Generative AI’s Impact on Supply Chains Supply chains encompass many interconnected activities, from procurement, production, and inventory management, to logistics and distribution. Figure 2: A technology adoption roadmap for transportation and logistics companies considering generative AI.

Optimal Sourcing 244

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Modeling 244

Clear Spider

MARCH 21, 2024

AI inventory solutions create more powerful and adaptive supply chains. One of the key drivers of supply chain resilience is the use of artificial intelligence and machine learning algorithms in inventory management. AI makes use of the endless stream of data collected through inventory management devices and cloud-based applications.

Inventory Reduction 52

Inventory Reduction Inventory Management Software Supply Chain Planning Software Predictive Analytics Software 52

Supply Chain Matters

JULY 18, 2023

Supply Chain Matters highlights a published report indicating that PC maker Hewlett Packard is modifying supply sourcing akin to China Plus and nearshoring sourcing actions. That would include alternatives to China under the umbrella of either China Plus or de-risking sourcing changes. We pointed out that in 2022, more U.S.

Sourcing Strategies 52

Sourcing Strategies Inventory Reduction Manufacturing Procurement Supply Chain Strategy 52

Supply Chain Matters

JUNE 13, 2023

The Supply Chain Matters blog highlights a recent technology provider survey indicating that there appears to be little signs of traditional second-half peak period demand for container shipments. The May report narrative reinforced that that “the negatives seem to outweigh the positives in the logistics industry.”

Survey 52

Survey Demand Planning Software Supply and Demand Panama 52

Freightos

OCTOBER 31, 2022

This article provides an overview, based on a survey of over 1,200 small businesses, of how small and midsize businesses have weathered the storm, and how a changing – and potentially recessionary – market is impacting their outlook. Prior to the pandemic, only 26% who spent that much on logistics.

Supply Chain Planning Software 156

Supply Chain Planning Software Supply Chain Planning Supply and Demand Supply Chain 156

Supply Chain Matters

JULY 25, 2022

Restoring More Direct Control in Materials Sourcing. Prediction Two of this year predictions indicated the following: Restoring More Direct Control in Strategic and Tactical Direct Material Sourcing Will be the Driving Force for Businesses and their Supply Chain Management Teams in the Coming Year. Mid-Year Assessment.

Sourcing Strategies 59

Sourcing Strategies Manufacturing Procurement Material Savings Predictive Analytics Software 59

Logistics Viewpoints

JUNE 29, 2023

By fostering collaboration across all stakeholders, including suppliers, manufacturers, and logistics providers, companies can enhance visibility, streamline processes, and proactively address disruptions. The post The Power of Purchase Order Collaboration: A Game-Changer in Managing Direct Spend appeared first on Logistics Viewpoints.

Manufacturing Procurement 185

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Logistics Viewpoints

AUGUST 18, 2021

Supply shortages, low inventory to sales ratios, and hiring lags are noted as factors at play. Data as recent as the end of June 2021 show that inventories remain below 1.3 The post “Transitory” Inflation and Supply Chain Disruption appeared first on Logistics Viewpoints. The prices index went down from June. Final Word.

Supply Chain Disruption 316

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Logistics Viewpoints

JANUARY 25, 2023

In a conversation with Blue Yonder executives, they pointed out that retailers are looking at port diversification for improved sourcing and allocation. While retailers would historically allocate inventory before it hit land, they are now making these decisions based on which port the merchandise will be arriving at.

Supply Chain Planning Software 206

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Logistics Viewpoints

MARCH 25, 2021

Supply chain disruption has many sources: tariffs and trade disputes, natural disasters, pandemics, economic uncertainty and cybersecurity attacks. There won’t be a new normal, just new sources of disruption, from weather to government policies to industry conditions. Price fluctuations and sourcing issues.

Supply Chain Planning Software 309

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Logistics Viewpoints

APRIL 15, 2021

In my Logistics Viewpoints article in January 2021, “ The New Definition of Supply Chain Agility and Resilience in an Unpredictable World ”, I highlighted that modern supply chains must be built on a foundation of extreme agility and responsiveness. Plan and Execute for Success.

Agile and Lean Supply Chain 249

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Supply Chain Matters

JUNE 17, 2022

A further data point to these notions can be found in a newly released C-Suite Outlook Mid-Year survey report, published by The Conference Board. This survey of a reported 750 CEO’s and other C-Suite executives was conducted in May 2022, among executives based in North America , Latin America , Asia and Europe. cyberattacks.

Inventory Reduction 52

Inventory Reduction Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain 52

Material Handling & Logistics

FEBRUARY 19, 2018

Our annual salary survey reveals that the typical material handling and logistics professional earns $93,697. The single biggest challenge facing the industry is lack of qualified workers in all aspects of logistics.” And what does this “typical material handling and logistics manager” look like? Show me the money.”.

Survey 75

Survey Manufacturing Procurement Pharmaceutical Purchasing Skills 75

Logistics Viewpoints

AUGUST 15, 2022

GEP and the North Carolina State University (NCSU) Supply Chain Resource Cooperative surveyed supply chain, procurement and IT professionals across a range of industries to gain insight into their priorities and strategies regarding supply chain resilience and optimization. Alex Zhong, Director Product Marketing at GEP.

Supply Chain Network Software 218

Supply Chain Network Software Manufacturing Procurement Procurement Analytics Optimal Sourcing 218

Logistics Viewpoints

SEPTEMBER 16, 2021

Disruption has been the name of the game for more than a year as supply chain leaders have been dealing with changing buyer behaviors, inventory management challenges, labor shortages, weather and pandemic-related uncertainty, cyber security threats and capacity constraints that continue to create significant supply chain volatility.

Supply Chain Risk Management 216

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Logistics Viewpoints

APRIL 14, 2022

Supplier problems will cause a cascade of problems up and down the value stream, leading to supply order delays that cause inventory shortages, production disruptions, missed shipments and lost revenue. Establishing real-time shared visibility and processes with supply chain partners facilitates identification and resolution of issues.

Supply Chain Planning Software 208

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Logistics Viewpoints

MARCH 17, 2022

According to data from a recent research survey, the following were on top of the supply chain headaches not addressed by their current systems: Supply shortages due to supplier’s inability to meet expected performance targets. Critical inventory disruptions/deficiency anywhere in the supply chain. Network bottleneck identification.

Supply Chain Planning Software 276

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The Logistics & Supply Chain Management Society

OCTOBER 17, 2022

However, measures such as alternative factories, dual sourcing and more generous safety stocks go against the well-versed philosophy of lean supply chains that has prevailed in recent decades,” he says. Inventory and Capacity Buffers. Multi-Sourcing. Increasing buffer capacity is a straightforward way to enhance resilience.

Agile and Lean Supply Chain 246

Agile and Lean Supply Chain Supply Chain Planning Software Sourcing Strategies Supply Chain Software 246

BlueYonder

JANUARY 22, 2024

Recently, Blue Yonder released the findings of its survey of wholesale distribution executives 1 , which focused on their order management challenges, goals and forward-looking plans. It’s nearly impossible to re-allocate inventory in the most strategic, profitable way on the fly using manual processes.

Distribution 89

Distribution Inventory Reduction Supply Chain Planning Software Cost Reduction Strategies 89

The Logistics & Supply Chain Management Society

MAY 18, 2021

In a study of logistics providers conducted by Fraunhofer IML, only 36% of organizations reported having a clear overall plan for digital transformation. For those working on digitalization initiatives, the survey showed that only 25% are leveraging digital technologies to think outside the box and reinvent their foundational delivery model.

Supply Chain Network Software 243

Supply Chain Network Software Network Optimization Agile and Lean Supply Chain Modeling 243

The Logistics & Supply Chain Management Society

SEPTEMBER 14, 2021

A survey conducted earlier this year by IDC Manufacturing Insights across Asia Pacific manufacturers found that organisations are currently focusing ESG efforts related to environmental sustainability on the following (1) : Energy efficiency requirements of products and operations. 1) IDC 2021 APeJ Manufacturing Insights Survey, n=947.

Resource Reduction 243

Resource Reduction Supply Chain Design Software Resources Sustainability 243

Unleashed

AUGUST 18, 2021

Reverse logistics is the process of goods returning to their point of origin – back from the purchaser to the manufacturer or supplier. Today, reverse logistics can no longer be an afterthought for manufacturers, but is instead an integral part of supply chain planning. What steps make up the reverse logistics process?

Reverse Logistics 98

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Logistics Viewpoints

AUGUST 5, 2021

In MIT’s State of Supply Chain Sustainability 2021 , 80% of executives surveyed said the pandemic either had no impact on their commitment or increased it. We must plan, source, make, and deliver differently for supply chain sustainability. These examples address the source, make, and deliver areas of supply chain.

Supply Chain Planning Software 299

Supply Chain Planning Software Sustainability Material Savings Supply Chain Planning 299

The Logistics & Supply Chain Management Society

MAY 28, 2022

Port congestion, capacity constraints, large increases in rates across all modes, labour shortages and long delays in shipments—these are just some of the operating realities supply chain and logistics professionals face today. Will the environment improve in 2022 or get worse? And what are the key industry trends and innovations?

Supply Chain Planning Software 269

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Logistics Viewpoints

SEPTEMBER 26, 2022

So, if a recession appears likely, companies need to error on the side of a conservative forecast, be prepared to lay off workers sooner rather than later, and start drawing down their safety stock inventory. The post One Type of Inflation is Caused by Supply Chain Issues (And That is a Good Thing) appeared first on Logistics Viewpoints.

Vendor Strategies 204

Vendor Strategies Forecasting Long Beach Supply Chain 204

Logistics Viewpoints

AUGUST 7, 2023

Cardinal Health’s senior vice president of global logistics, said of their implementation of the Kinaxis’ supply chain planning (SCP) solution, “I was scared! Global logistics leaders wanted to improve service levels, lower costs, and fortify Cardinal Health’s supply chain planning process. I put my name on the line.”

Supply Chain Planning Software 175

Supply Chain Planning Software Supply Chain Design Software Predictive Analytics Software Modeling Software 175

The Logistics & Supply Chain Management Society

FEBRUARY 15, 2021

Cloud technology allows organizations to combine all supply chain and logistics information into a single, central solution. IoT supports operational efficiencies in areas such as asset tracking, inventory management and forecasting, improving productivity and aiding decision-making across the supply chain.

Supply Chain Planning Software 298

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

Logility

MARCH 16, 2023

Higher interest rates and materials prices are increasing the costs of carrying inventory. And rapid shifts in market demand always leave someone holding excess inventory. This is where we must venture outside our own databases and see what clues we can gather from various corporate and government sources.

Network Design Software 130

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The Logistics & Supply Chain Management Society

MARCH 22, 2022

Big agri now know that without logistical planning, supplies of fertilizers, wheat, minerals and chemicals etc. And big pharma now know that supply chain and logistical finesse is crucial to getting people vaccinated and boosted. Sourcing, production, inventory, supply, delivery, logistics – all outsourced.

Pharmaceutical 246

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