Remove Inventory Remove North America Remove Shipping Remove Sourcing

Getting Down to Brass Tacks: Can We Really Collaborate?

Supply Chain Shaman

Source Wikipedia. As the bricks and mortar retailer is attacked by eCommerce pure plays—Amazon in North America, Alibaba in China, and Flipcart in India—assortment and excitement in the store become paramount to lure customers. Current State of Perpetual Inventory. Replenishment is fueled by an effective perpetual inventory signal. Without a perpetual inventory signal, you will never be able to manage out-of-stocks and promot ions.

Why Financial Reengineering Does Not Equal Supply Chain Improvement

Supply Chain Shaman

Financial reengineering focuses on the optimization of short-term results that are usually based on a functional analysis of source, make, or deliver. Few consultants understand the interrelationships between source, make and deliver. The concept of the Effective Frontier is that best in class companies align functional metrics to balance growth, cost, inventory and Return on Invested Capital (ROIC) performance while balancing customer service metrics.

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ANCA Streamlines Procurement with the QAD Supplier Portal

QAD

ANCA builds their machines in Australia but these precision components are sourced from around the world. Machines can’t be built and shipped without having the right parts in inventory , but at the same time, keeping parts on the shelf consumes space and cash. Manage consignment inventory. Dealing with suppliers in Europe, Asia and North America from their Southern Hemisphere location, this was particularly appealing.

Lolli & Pops Implements RELEX’s Supply Chain Planning Solution to Sweeten Their Inventory Planning

RELEX Solutions

RELEX Solutions, provider of unified retail planning solutions, today announced that Lolli & Pops, a rapidly growing retailer offering sweets and treats sourced from around the world both in stores and online, has gone live with RELEX’s supply chain solutions to automate and optimize inventory forecasting and replenishment. The centralized planning team was challenged to accurately plan inventory for new stores and for slow-moving items to adhere to high vendor minimums.

Things Have Changed: What Do We Do NOW?

Supply Chain Shaman

The work done by Terra Technology, in my opinion, is one of two accurate sources of benchmark data on forecasting in the industry. In the study, new products represent 17% of total cases shipped. The average MAPE for North America was 36% while the European average MAPE was 45%. The average bias of European forecasts versus North America had 2% more bias. I do not see the same results from the multitier inventory projects.

Helping You Plan Ahead During the Coronavirus Outbreak

CH Robinson Transportfolio

and globally, staying close to our contract carriers and discussing continuity plans in the event shipping trajectories need to be adjusted due to disruptions or closures at any ports. Given this continued volatility, global importers are eager to restock their inventory. Assessment of inventory levels. How are existing inventories compared to sales projections? Backup sourcing options.

Top 10 Supply Chain Innovations of 2018

Material Handling and Logistics

Top 10 Supply Chain Innovations of 2014 : hybrid DCs, 3-D prototypes, location-based inventory system, and more. Source ID. It will allow for the automation of more complex warehousing tasks, such as unloading shipping containers and picking packets or individual e-commerce orders. Source ID. Source ID. Source ID. Source ID. Source ID. Source ID. Content Summary: Trucks Platoon Across North Carolina Turnpike. Source ID.

Top 25 3PL warehousing companies in 2020 (by revenue)

6 River Systems

Revenue data is sourced from the companies’ websites and market research platforms such as Macrotrends. A behemoth in the logistics industry, UPS has operations in shipping, air freight, trucking, last-mile delivery and drone delivery. They have operations in North America and Europe.

Managing Warehouse Management Systems (WMS) For Future Growth

IQMS

A recent survey completed by IQMS of 151 North American manufacturers found that the fastest growing manufacturers can orchestrate analytics, Business Intelligence (BI), mobile and real-time monitoring to grow 10% faster than their peers. Digitally enabling a warehouse increases order fulfillment accuracy, speed, and scale while eliminating shipping and receiving handling errors.

23 logistics professionals share the #1 way to reduce logistics costs

6 River Systems

We follow a stringent procedure to organize inventory in our warehouses. Dealing with inventory is a significant driver of logistics costs, so simplifying your inventory processes with barcoding is a great way to lower costs.

The need to know

EFT

Ship owners struggle to bring home crews amid coronavirus chaos. Shipping companies are still struggling to get hundreds of thousands of crew members back home after many months at sea despite pledges by countries to ease transit restrictions for seafarers, industry officials say.

10 Vital Supply Chain Lessons from the Coronavirus Pandemic!

Supply Chain Game Changer

And with less manufacturing output there were fewer container ships leaving Asia full of goods meaning activity in ports in North America and Europe would slow down rather quickly. Borders were closed, air travel curtailed if not suspended outright, cruise ships were quarantined, tourism plummeted, restaurants and theatres were closed, and entertainment and sporting events and leagues were cancelled. Mission Critical and Strategic Inventory Positioning.

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This Week in Logistics News (July 15-19, 2013)

Talking Logistics

XPO Logistics to Acquire 3PD, the Largest Provider of Heavy Goods, Last-Mile Logistics in North America. As I’ve commented in previous postings, if you are a 3PL or transportation company and you’re not involved in cross-border shipping with Mexico, then you are missing out on a growing business opportunity (see Reuters article from December 2012). Source data is a combination of reference and benchmark data from third parties as well as econometric models and formulas.

The Benefits of IoT And Real Time Actionable Data

Gravity Supply Chain

Leveraging the power of data ensures you not only know where your inventory is but also the status of all the components and products en route from manufacturer to the final destination at any given time. Imagine a time when shipping routes get fully optimized, the evaluation of carrier performance levels is simple, levels of cargo security get significantly improved, and potential risks to your supply chain reduce substantially.

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Experts Reveal Top Transportation Trends to Watch

Supply Chain Opz

James Winebrake, Dean of College of Liberal Arts, Rochester Institute of Technology There are a number of important trends happening in the freight industry, spanning all modes of transportation: trucking, shipping, rail, pipeline, and air. Related to shipping, international port infrastructure has been expanding - perhaps too rapidly - and it will be interesting to see whether these investments pay off. In North America the low hanging fruit for long-haul loads is rail.

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Do You Have a Proactive Supply Chain Design or a Reactive One?

Talking Logistics

Thankfully, digitization of inventory and technology like real-time shipment tracking from 3PLs are taking the pinch out of switching for these companies. While civil unrest could slow down production or shipments in a foreign country, natural disasters can accomplish just as much shipping disruption in North America. Even Canada, a country that’s not exactly famous for shipping disasters, was virtually cut in half by a single unexpected bridge collapse in 2016.

Logistics Trends Part 2

BluJay Solutions

Restructuring production schedules has been part of this, as well as encouraging consumers to pre-order, removing much of the risk of holding too much inventory. Computer peripherals, such as screens, that were often moved by air are now far more likely to be shipped by container. This may seem counter-intuitive as sea freight transit times are increasing as shipping lines introduce slow steaming in order to reduce fuel costs. First Trend: Yield Dilution.

This Week in Logistics News (May 4-8, 2015)

Talking Logistics

Growing Shipping Alliances Are Straining Major U.S. Simply put, cross-border e-commerce is arguably one of the weakest links in omni-channel fulfillment, and Pitney Bowes, which already has years of experience in this area with its Global Shipping Program for eBay sellers, is positioning itself as a leader in this emerging market space. Ever get a song stuck in your head?

E-Commerce Takes Off in Developing Countries

Elementum

We examine the benefits and obstacles to e-commerce in Southeast Asia, South America, and Africa. In 2011, Nigerian startup Mall for Africa, which ships American brands to Nigerian consumers, took in $17 million in 2014. Sourcing from multiple countries can present a headache. Domestic and overseas sourcing are two of the options that each potential e-commerce business need to choose from. E-commerce is expanding at lightning speed.

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This Week in Logistics News (September 14-18, 2015)

Talking Logistics

FedEx to Increase Shipping Rates for Express, Ground and Freight Services. The addition of M33 Integrated complements Transplace’s current geographical footprint and deepens our middle market penetration, as well as expands on the company’s vision to deliver outstanding value to all North American shippers.”. Lots of supply chain and logistics news this week, so let’s go straight to it… Transplace Acquires M33 Integrated.

Experts Discuss How to Streamline Global Supply Chain

Supply Chain Opz

Whether you''re a manufacturing company in China, a sourcing agent in London or a world''s leading company in Silicon Valley, we''re all in a global supply chain networks. Reducing lead times from suppliers can help turn inventory faster, freeing up cash and ultimately satisfying customers. Work with your broker to see if you can get priority on unloading the ship and inland transport.

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Seasoned Leadership in Action™ – An Interview with Derek Panchyshyn!

Supply Chain Game Changer

Our interactions spanned the full range of Customer-Supply Chain activities: materials costing, planning, materials availability, inventory, delivery performance, and logistics. Again this involved EMC but under my leadership (and working with a great team) we transitioned all of their business with Celestica at the time from North America and Europe to Asia; costs got better, availability got better, and quality got better. Subscribe Here! Email Address.

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ChainLink Research: Making Allocations Smarter

Logility

Temporal data—sources should be developed such as consumer trends, competitive offerings, weather, local events and so on that might affect demand in that location. Integrate and align these information models and sources between demand activities, such as promotions, to assure meeting required stocking levels. This mentality is giving way to a more analytical approach, a granular view of inventory across the supply chain.

Is Business ‘Transformation’ a Dirty Word?

QAD

Here’s what I mean: If a Global Engineering leader thinks her engineering department in North America should be running at $90M a year, and it is running at $100M, she sends that Regional Engineering leader a 10% budget task or reduction, and then there is a presumption that the regional leader will execute that task, people will be walked out and efforts stopped, and everyone will automatically figure out exactly what should be done.

Seasoned Leadership in Action™ – An Interview with Chris Darbyshire, VP Operations at Softchoice!

Supply Chain Game Changer

I spent almost 20 years between IBM and Celestica primarily focused on Global Supply Chain, Global Operations and Inventory Management. Over my career I have established supply chains for global leaders like EMC, Cisco, HP and others in China, Europe, Thailand, Malaysia, Taiwan, Mexico and across North America. We work with our vendors to ship direct to customers in reusable totes to eliminate waste. Subscribe Here! Email Address.

Reuters Events: Supply Chain in conversation with XPO CIO Mario Harik

EFT

One of our capabilities in machine learning is being able to forecast where consumer or customer demand is going to come from, and be able to position inventory on behalf of the customer in the right places to make sure that we can meet the consumer at a point of heightened demand.

How The Coronavirus Epidemic is Throttling Global Supply Chains

Logistics Bureau

Containers are piling up in ports, international shipping has been hammered, Western companies are battling to source products from traditional suppliers, and disruptions are being experienced throughout the global supply chain. The impact on supply chains is particularly apparent in the following two broad areas— shipping and procurement of products/components/raw materials. COVID-19 Impact on Shipping. Deere is using costly expedited shipping to avoid disruptions.

A Quick Glance Into The Logistics Market - March 2016

EFT

Source: US BEA). Source: US DOC & Census Bureau). Source: The Conference Board) (The consumer confidence index is based on a monthly survey of 5,000 U.S. Unemployment Rate: The unemployment rate in America remained at 4.9% Source: US DOL) . Source: Conference Board) (The LEI is a composite of 10 economic indicators that together create an analytic system designed to signal peaks and troughs in the business cycle. Source: US Census).

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Global Cargo Monitoring / Cargo Tracking: Networked Supply.

Global Trade Management

By having many service providers involved, which among each other are often not connected, the friction in moving goods from source to destination are very high. As manufactures and retailers increasingly depend on extended rosters of sourcing companies, the resulting networked supply chain requires improved visibility. Importers are using multiple sourcing vendors to improve their ability to respond to market demand and opportunities.

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An Interview with Reshoring Initiative’s Harry Moser

CH Robinson Transportfolio

I’m speaking, of course, of the growing number of companies who are either making a choice to manufacture in America by never offshoring in the first place or moving manufacturing back to America from overseas. Recently, I was afforded the opportunity to discuss the Reshoring Initiative with Moser in an effort to find out how it might help some of our customers and prospects understand their total cost of ownership when considering where they source and produce their goods.

Letter from the CEO: Coronavirus Market Update

Transplace

North America Market. The expectation is that two mega ships will arrive at the ports to pick up empties this week as the equipment is needed in China. Industrial and chemical sectors are maintaining at seasonally expected shipping volumes as of this time. Finding equipment and shipping through the Laredo, TX and McAllen, TX border crossing points could quickly get worse. Cargo flows and ship calls are rebounding in China.

26 supply chain pros reveal the single most effective way to create a winning supply chain strategy

6 River Systems

In my experience, companies find themselves in difficulties with suppliers by either taking the cheapest quote looking for the one-off score (when that approach is not the best solution for the sourcing at hand) or by treating that supplier business as a subservient partner (in name only) even when the rhetoric espoused is we partner with our supply base. Cut inventory costs Be it a brick and mortar store or an online business, inventory is always present and it costs money.

Lull Case Study: Order Fulfillment that Doesn’t Keep You Up at Night

FLEXE

Limited Shipping: Dropshipping wasn’t designed for order fulfillment, which impacted Lull’s delivery promise, as well as everyday operations. With FLEXE, Lull gained a software platform to manage inbound and outbound shipments while tracking real-time inventory levels across their FLEXE network of fulfillment centers. Visibility and control over shipment trends and inventory levels helps the Lull team make more informed decisions on inventory allocation and management.

36 innovative companies re-inventing and rethinking supply chain and logistics

6 River Systems

In higher-traffic markets, Advance Auto Parts has “hub” stores that keep more inventory in-stock to give customers what they need when they need it. The new facility will allow the company to offer two-day shipping to most (about 90%) of the U.S. Bed Bath & Beyond is also implementing inventory reduction strategies and is on track for a 5% reduction year-over-year by the end of the current fiscal year. PST will ship the same day.

Seasoned Leadership in Action™ – An Interview with Derek Panchyshyn, SVP at ATX Networks!

Supply Chain Game Changer

Our interactions spanned the full range of Customer-Supply Chain activities: materials costing, planning, materials availability, inventory, delivery performance, and logistics. Again this involved EMC but under my leadership (and working with a great team) we transitioned all of their business with Celestica at the time from North America and Europe to Asia; costs got better, availability got better, and quality got better. Subscribe Here! Email Address.

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