Insights on Covid-19’s Impact on Singapore’s eCommerce Market

Vinculum

It’s been a while since Singapore’s circuit breaker; Singapore has shown immense change in the way the citizens live, business strategies, practically everything has taken a turn. It was good to see how Singapore split work arrangements, shift work and take measures to curtail the spread of Covid-19 on Singapore. How is Singapore’s eCommerce Market Picking up This 2020? Singapore is a nation which has dealt with Covid-19 in the most comprehensible manner.

Why Inventory Revaluation Is Your Next Important Task

Unleashed

All product-based businesses need to track the value of their inventory – and this goes double in a period of dramatic upheaval. The value of your inventory has likely changed thanks to the Covid-19 crisis, and you should consider revaluing it before you make any major business decisions. What is inventory revaluation? Inventory revaluation is the adjustment of the costs of inventory to reflect changes in the recorded cost. Your inventory becomes obsolete.

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Why Inventory Revaluation Is Your Next Important Task

Unleashed

All product-based businesses need to track the value of their inventory – and this goes double in a period of dramatic upheaval. The value of your inventory has likely changed thanks to the Covid-19 crisis, and you should consider revaluing it before you make any major business decisions. What is inventory revaluation? Inventory revaluation is the adjustment of the costs of inventory to reflect changes in the recorded cost. Your inventory becomes obsolete.

Study Shows Two-Thirds of Companies Yet to Execute Digital Transformation in Supply Chain Planning

ToolsGroup

Our customers overcome demand volatility and supply chain complexity for outstanding service levels with reduced inventory. ToolsGroup solutions include Demand Planning & Sensing, Inventory Optimization, Allocation & Replenishment, Demand & Supply Collaboration, Promotions Planning and S&OP. Founded in 2002, Spinnaker has offices in Boston, Columbus, Denver, Houston, Memphis, Pittsburgh, London, and Singapore. PRESS RELEASE.

Study 131

Digitalisation of Supply Chains: Supply Chain Resilience, Responsiveness and Renewal – LogiSYM August 2020

The Logistics & Supply Chain Management Society

It functions as the base of blu’s operations, housing a technologically-enabled warehouse space, robotically-powered fulfilment systems, and an integrated last mile distribution centre. Inventory management, order fulfilment, and last mile delivery are time-consuming yet essential processes.

This Week in Logistics News (June 24-28, 2013)

Talking Logistics

HighJump Software Enhances HighJump Warehouse Advantage Express Offering to Meet Increased Demand in SMB Marketplace. Meanwhile, HighJump Software announced that it has updated HighJump Warehouse Advantage Express, its warehouse management system (WMS) specifically designed for small and mid-sized wholesale distribution operations. HighJump Warehouse Advantage Express is built upon the same technology as its tier one HighJump Warehouse Advantage solution.

Crisis is an opportunity for speeding up Digital Transformation to enhance Agility, Resilience and Productivity – LogiSYM September 2020

The Logistics & Supply Chain Management Society

Effective inventory management can help businesses save up to 30%. Inventory Management plays a vital role. Inventory visibility can be the difference between good or poor profitability. But how a company manage their inventory well? Does your company have pre-defined set of rules when it comes to inventory management? Does incoming inventory have a pre-designated place within the warehouse or is it placed randomly?

Start selling on Amazon from India to the world in 2021

Vinculum

The business happens through 15 Amazon International Marketplaces in the Europe (Spain, France, Italy, Germany, Netherlands & UK), Americas (US, Canada, Mexico & Brazil), Asia-Pacific (Japan, Singapore & Australia) & Middle East (UAE, Turkey). Monitor your inventory.

India 52

This Week in Logistics News (April 18-22, 2016)

Talking Logistics

These futuristic driverless pods will run on Singapore’s roads by end of the year ( Mashable ). Tech-enabled fulfillment and operations : Manage orders and inventory across distribution centers and suppliers while protecting margins and delighting customers. If your answer is still “We’re in the transportation and warehousing business,” then your value proposition in the eyes of customers is becoming more limited and commoditized.

The need to know

EFT

Swiss drugs and diagnostics group Roche is shipping supplies from Germany to help Britain’s National Health Service (NHS) fill gaps caused by a logistics glitch at a Roche warehouse in southern England, it said on Thursday. wholesale inventories revised to +0.4%

The need to know

EFT

Incoming cargo to the Port of Los Angeles is surging as businesses restock depleted inventories and retailers prepare for an early holiday season, the executive director for the nation’s busiest seaport said on Wednesday. Hyundai begins building electric vehicle hub in Singapore.

Decoding the cross-border eCommerce puzzle

Vinculum

The consumers in Malaysia, for instance, want to buy a product in Singapore can now buy it from their own country. The cross-border eCommerce logistics is a tedious job with multiple distribution chain, forming various network links, warehousing, and sea transport risks.

Top 13 Asian eCommerce Marketplaces

Vinculum

Digitization in the last decade and a half has also witnessed the emergence of Singapore, Malaysia, Thailand, Philippines, and Indonesia as other major forces in the Asian marketplace. Operating in over 200 countries with more than 100 million products in its inventory, the Jack Ma-founded giants help wholesalers in China connect with 200-odd businesses around the world. Tmall primarily sells branded goods to customers across China using special warehouses.

Top 20: The Ultimate Logistics Technology Roundup

Freightos

Companies like GoGoVan or EasyVan in Singapore are leading the charge. Ubiquitous data collection, as goods, supply chain assets and warehouses communicate with each all spell out huge data insights. Real-time access to information in the warehouse can fundamentally change how logistics employees work. Next-Shoring, in which products are developed and produced closer to where they are sold, reducing inventory and shipping costs.

Job opening: Global Supply Chain Director at Océ

Supply Chain Movement

Within this organization, you are responsible for global supply chain management activities across geographies (Netherlands, Germany, Canada and Singapore), successfully driving supply chain strategies and policies ensuring availability and on time delivery of products (print systems, parts, and OEM) to customers. You lead and manage customer service, forecasting, production planning, inventory control, warehousing, transportation, and other functions as required.

Xiaomi & The Supply Chain Behind the World's Highest Valued Smartphone Startup

Elementum

Xiaomi’s ecosystem of suppliers and reliable manufacturing partners is intimately tethered to the company’s strict policy of demand-driven manufacturing, designed to keep the company’s inventory and up-front production costs as low as possible. In fact, in its early stages the only brick-and-mortar buildings that Xiaomi operated were its “e-commerce warehouses”, optimized to handle the fast-moving inventory necessitated by Xiaomi's model.

India 76

Xiaomi & The Supply Chain Behind the World's Highest Valued Smartphone Startup

Elementum

Xiaomi’s ecosystem of suppliers and reliable manufacturing partners is intimately tethered to the company’s strict policy of demand-driven manufacturing, designed to keep the company’s inventory and up-front production costs as low as possible. In fact, in its early stages the only brick-and-mortar buildings that Xiaomi operated were its “e-commerce warehouses”, optimized to handle the fast-moving inventory necessitated by Xiaomi's model.

India 81

Xiaomi & The Supply Chain Behind the World's Highest Valued Smartphone Startup

Elementum

Xiaomi’s ecosystem of suppliers and reliable manufacturing partners is intimately tethered to the company’s strict policy of demand-driven manufacturing, designed to keep the company’s inventory and up-front production costs as low as possible. In fact, in its early stages the only brick-and-mortar buildings that Xiaomi operated were its “e-commerce warehouses”, optimized to handle the fast-moving inventory necessitated by Xiaomi's model.

India 73

KPI Key Performance Indicators in Supply Chain & Logistics

Logistics Bureau

Inventory stock turns in Days. Inventory management. Warehousing. Inventory levels. Of course, the difference between KPIs and metrics will vary at different levels of your organisation, so for example, while a metric recording “receiving accuracy” in a warehouse would certainly be a KPI for a warehouse manager, it would be completely extraneous as an executive-level KPI. Supply Chain KPIs are Essential – The Right Ones!

KPI 77

Supply Chain Disruptions Are New Opportunities – LogiSYM October/November 2020

The Logistics & Supply Chain Management Society

It even took authorities some time to recognise the vital importance of warehouse logistics, supply chain continuity, truck drivers and other transport operators. Unlike SARS in 2003, the Covid-19 pandemic has spawned an unprecedented Global health pandemic.

The India supply chain revolution

Supply Chain Movement

billion USD in investments have poured into India for improving warehousing facilities and technology in the hopes that tax reform will lead to larger regional and national warehouses. In addition to the cost savings, this executive pointed out the non-negligible decrease in inventory working capital by eliminating so many stock positions. For example, Singapore has become a prominent hub due to its trade agreements in the region. ADJUSTING TO A NEW TAX REGIME.

India 60

Top 6 Wholesale Distribution Trends for 2019

EMERGE App

Less affected are Singapore, South Korea, and Thailand. These include the Philippines, Cambodia, Taiwan, Singapore, Malaysia, and Thailand. Inventory management software, in particular, is critical for all players in the supply chain: importers, exporters, wholesalers, and distributors. Multiple warehouse locations, to ship orders from locations closest to your customer, are built in. Introduction.

This Week in Logistics News (December 9-13, 2013)

Talking Logistics

Home Depot grabbed the headlines on Wednesday when the WSJ reported that the company is spending “at least $300 million on supply chain, technology and online improvements in the fiscal year that begins in February, including building new fulfillment centers and overhauling its warehouse technology systems” to enable same-day shipping and delivery of orders. Same-day delivery (or is it shipping?) and global trade dominated the news this week, so let’s take a look.

Japan 136

Updated IT Subway Map: Major acquisitions in SC software

Supply Chain Movement

Singapore. Such a system enables those companies to fulfil orders flexibly by dispatching the goods from various inventory points (e.g. directly from their suppliers, from their own warehouse or even from a retail store). The supply chain software industry is in a considerable state of flux. Three large, international take-overs are changing the face of the market.

3PL Subway 2015: Strategic movements among logistics providers

Supply Chain Movement

Singapore. The 2015 Annual Third Party Logistics Study also reveals that both sides regard themselves as being successful, and shippers are seeing positive results again this year: an average logistics cost reduction of 9%, an average inventory cost reduction of 5% and an average fixed logistics cost reduction of 15%. Globally, warehousing is outsourced by 67%. After years of declining revenues in European logistics services, the business started to stabilise in 2013/2014.

3PL 78

The Emerging Supply Chain Wars

NC State SCRC

Moreover, he predicts that local prototyping and mass production could bring about a severe long-term contraction in global shipping, inventories, and warehouses. In this formula, countries with no resources can become transshipment points that smooth out supply chains, such as Singapore which has no raw materials but generates massive profits from its transshipment port.

Why Supply Chain Transformation is Inevitable

Enterra Insights

New automated warehouses and optimization algorithms enable automated fulfillment and result in great final delivery to achieve low cost and high speed, customer-focused logistics.” ” As technologies improve, inventory management will improve and out-of-stocks will decrease. “Then three years ago we progressed to Omni-channel where we integrated the operations and the inventory across channels to have a more integrated operation.

Top eCommerce marketplaces in Philippines

Vinculum

The stock warehouse with a vastly diverse inventory concept is still gaining prominence in the Philippines and hence Galleon.ph Nearly a million (930,000) users from the Philippines e-commerce marketplace utilize Carousell every 30 days with the success of the company helping it expand to Australian, Malaysia, Taiwan, Singapore, and Hong Kong.

This Week in Logistics News (September 17-21, 2018)

Talking Logistics

Singapore Exchange leads US$44.4 LEGACY Supply Chain Services & Adelante SCM Partner on 2018 Industry Study on Inventory Management as Critical Function within Omni-Channel Logistics. We’ll see this type of driverless vehicle application get adopted faster and more broadly than driverless trucks on interstates, much like we’ll see drones being used to track inventory inside warehouses and yards much faster than we’ll see them delivering Amazon packages to our doorsteps.

This Week in Logistics News (February 29 – March 4, 2016)

Talking Logistics

MNX Global Logistics Acquires Specialty Aviation 3PL Aero Express Logistics in Singapore. In recent quarters, Target has struggled with inventory shortfalls as it tried to cater to online and in-store shoppers at the same time. Our combination will allow deep information access and collaboration across the extended supply chain to sense demand changes, and react quickly to address supply constraints, optimize inventory, and improve in stock ratios.”.