The Logistics & Supply Chain Management Society

JULY 23, 2020

“When the world changes around you, and when it changes against you, what used to be a tailwind is now a headwind — you need to lean into that and figure out what to do because complaining isn’t a strategy.”. This year (2020) when they cancelled the Tournament, they stand to get 144 mil $ from Insurance company.

Agile and Lean Supply Chain 258

Agile and Lean Supply Chain Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 258

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

The Logistics & Supply Chain Management Society

AUGUST 20, 2020

RPA can automate critical yet repetitive processes, driving increased efficiency, error reduction and faster throughput. Procurement can also have RPA do dynamic searches of websites to source or conduct market research for future buys and tenders. Inventory Management. Purchase Order Management. Contract Review.

Supply Chain Software 246

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

The Logistics & Supply Chain Management Society

AUGUST 14, 2023

Inspired by McKinsey’s 2020 consultancy report, which emphasizes transforming supply chains rather than temporary fixes, we believe a comprehensive approach to reskilling supply chain professionals is essential to meet future demands. While striving to keep costs low, it also aims to meet customer expectations efficiently.

Purchasing Skills 130

Purchasing Skills Buyer Training Asia Supply Chain Design Software 130

Enterra Insights

APRIL 27, 2021

For years, ‘faster, cheaper and more efficient’ has been the supply chain manager’s mantra. Shoring up their supply chains and shielding them against future shocks will challenge leaders to strike a new equilibrium between efficiency and reliability. But the challenge also opens up an important opportunity to create value.”[1]

Sourcing Strategies 130

Sourcing Strategies Manufacturing Procurement Sourcing Agile and Lean Supply Chain 130

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

Inventory Reduction Material Savings Cost Reduction Strategies Inventory 156

The Logistics & Supply Chain Management Society

SEPTEMBER 25, 2020

Slowing demand means 6% lower imports from the GCC vs 2019 and 10% lower than 2020 forecast before the virus outbreak.” The key focus areas: Operational and cost efficiencies: Cost reduction is the primary reason for integration along the value chain. Reported by GPCA, “China is one of the key destinations for GCC polyethylene exports.

Chemicals 113

Chemicals Saudi Arabia Cost Reduction Strategies Inventory Reduction 113

EazyStock

JANUARY 27, 2021

2021 Supply Chain and Inventory Management Trends for the US. Then 2020 was thrown into chaos by the global COVID-19 pandemic. Here we are, one year later, trying to determine the 2021 supply chain and inventory management trends to adopt. Even now, the global GDP for 2020 contracted by an estimated 4.3% Automation.

Inventory Management Software 96

Inventory Management Software Supply Chain Planning Software Supply Chain Software Inventory Reduction 96

Supply Chain Shaman

OCTOBER 8, 2019

The fall ritual precedes the dropping of the ball on Times Square to ring in 2020. I find senior executives love to throw around superlatives like customer-centric, agile, efficient and responsive but lack the understanding of how the words translate to supply chain strategy in the real world. It is all consuming. Time horizon.

Supply Chain Design Software 189

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software Forecasting 189

Unleashed

OCTOBER 4, 2020

Building and maintaining a strong, consistent brand is fundamental to any marketing strategy. Your marketing strategy should focus on building brand equity because it plays a significant role in your brewery’s long-term sustainability. Beer marketing strategies in 2020. Beer marketing strategies during lockdown.

Sourcing Strategies 82

Sourcing Strategies Material Savings Inventory Reduction Cost Reduction Strategies 82

Logistics Bureau

DECEMBER 4, 2023

Inventory management is a crucial aspect of supply chain management, and effective strategies can help businesses reduce costs, improve customer service, and increase profits. But what does a great inventory management strategy look like?

Inventory Reduction 72

Inventory Reduction Inventory Management Software Inventory Management Eliminating Excel in Purchasing 72

Unleashed

APRIL 27, 2022

We take a look and offer strategies and case studies, along with tips from supply chain professionals. You can not only apply learnings from data to develop a more efficient, faster and aligned logistics processes, but also research what new products can be created from renewable and recyclable materials.

Material Savings 96

Material Savings Waste Reduction Cost Reduction Strategies Resource Reduction 96

Logistics Viewpoints

JANUARY 13, 2023

He has lost approximately $182 billion since November 2021, as estimated by Forbes, although other sources suggest that it could actually be closer to $200 billion. A formal strategy for reducing greenhouse gas emissions in the transportation sector prioritizes maritime and rail over trucking to more quickly get to net-zero emissions by 2050.

Expense Reduction 215

Expense Reduction Inventory Reduction Material Savings Logistics Network Optimization Software 215

Enterra Insights

JANUARY 6, 2021

.”[2] The staff at Advanced Transportation Systems (ATS) adds, “Supply chain management deals with the procedures encompassing sourcing components a company requires to develop its products or service to deliver the end product to customers. If you want to develop a robust SCM strategy, you have to look at the entire ecosystem.

Supply Chain Design Software 190

Supply Chain Design Software Supply Chain Planning Software Sourcing Strategies Supply Chain Strategy 190

ToolsGroup

AUGUST 12, 2022

With Google reporting that omnichannel shoppers have a lifetime value that is 30% higher than those who only shop via one channel, getting your omnichannel strategy right is critical to creating a customer experience that drives profitability. . Buying products in-store, then having them shipped to their homes. Inventory Visibility.

Omnichannel 156

Omnichannel Optimal Sourcing Supply Chain Planning Software Inventory Reduction 156

Logility

JUNE 28, 2021

If 2020 has taught businesses nothing else, it’s taught the importance of resilient planning for supply chains. What’s clear is that every business must have strategies in place to protect itself from global supply chain threats today, and for as long as it plans to stay in business. Here are five tips to do just that.

Supply Chain Planning Software 131

Supply Chain Planning Software Supply Chain Planning Scenario Planning Inventory Reduction 131

The Logistics & Supply Chain Management Society

AUGUST 19, 2022

This article was originally written and published for DHL in January 2020 and focused on the trade wars and how to leverage opportunities for tariff reductions. Ensuring that any approach is fully compliant in order to avoid having to relocate production or supply sources often takes up a lot of internal resources. Product strategies.

Cost Reduction Strategies 245

Cost Reduction Strategies Material Savings Inventory Reduction Vendor Strategies 245

Logistics Viewpoints

SEPTEMBER 29, 2022

In 2020, UScellular took the major step of initiating the deployment of 5G technology across its network. Although the company has its roots in regional development, its growth opened up opportunities to gain efficiencies from centralized supply chain planning. The company’s cellular network includes approximately 7,000 cell sites.

Supply Chain Transformation 243

Supply Chain Transformation Network Optimization Supply Chain Network Software Optimal Sourcing 243

GlobalTranz

DECEMBER 22, 2020

For shippers, 2020 was like riding a roller coaster with no way to get off. The volatility of 2020 and the uncertainties looming into 2021 make it difficult to forecast planning and budgets based on historical data. However, some market trends that became significant factors in 2020 will likely continue.

Forecasting 156

Forecasting Forecasting Software Freight Inventory Reduction 156

Supply Chain Shaman

JANUARY 31, 2022

A container from Shanghai to Long Beach was 56 days in 2020 and increased to 80 days in 2021. Source E2open Shipping Index). As a result, focusing on cost and efficiency, and functional metrics throws the supply chain out of balance. He genuinely cared for the organization and prided himself on forging clever strategies.

Procurement Analytics 221

Procurement Analytics Manufacturing Procurement Supply Chain Planning Software Sourcing Strategies 221

ToolsGroup

APRIL 1, 2022

Increased Shipping Costs, Delays, and Transportation Issues. Dealing with the Shipping Container Crisis. Such measures include communicating with suppliers and customers , using demand shaping to overcome inventory shortages, seeking additional suppliers, and building more onshore facilities. Source: Consultancy.UK.

Material Savings 207

Material Savings Purchasing Skills Supply Chain Planning Software Manufacturing Procurement 207

ShipBob

AUGUST 23, 2023

Inventory is an important asset. And since ecommerce businesses deal with different types of inventory on a daily basis, it’s important that you understand all of them well. In this article, we demystify the main types of inventory, as well as ecommerce-specific inventory.

Inventory Management Software 52

Inventory Management Software Modeling Software Optimization Software Predictive Analytics Software 52

Logistics Viewpoints

OCTOBER 6, 2021

In the Spring of 2020, there were massive shortages of cleaning and disposable products such as sanitary wipes, Purell, and toilet paper. The economy is picking up after the severe contraction in labor, productivity, and inventory that occurred during the height of the pandemic. Inventory, Efficiency, and the Extended Supply Chain.

Supply Chain Disruption 214

Supply Chain Disruption Agile and Lean Supply Chain Supply and Demand Supply Chain 214

BlueYonder

FEBRUARY 25, 2021

To navigate the new normal, here are three strategies supply chain planners should consider: 1. 1] For many automotive manufacturers and suppliers, the initial shutdown of manufacturing in China due to the pandemic fully halted production in 2020, which exposed the risk of a single-country dependency model for many companies.

Inventory Reduction 56

Inventory Reduction Sourcing Strategies Supply Chain Strategy Modeling 56

Supply Chain Shaman

DECEMBER 30, 2021

Global shipping is national news with most stories covering the symptoms. The volume of ocean shipments grew two-fold in the past decade, and the price of an ocean shipment increased 9-10X from 2020-2021. Since 1990, the size of ships increased 3X, but the design of the west coast ports remained largely unchanged.

Supply Chain Design Software 448

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 448

Supply Chain Shaman

SEPTEMBER 5, 2022

Supply Chain Performance over the Period of March 2020 to July 2022. Supply chain leaders self-assessment of performance during the pandemic period of March 2020-through July 2022. Inventory Is an Egregious Symptom of Supply Chains Gone Wrong. Today, inventory fire sales abound. Why We Cannot Get Inventory Right.

Supply Chain Planning Software 243

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Supply Chain Strategy 243

Supply Chain Shaman

FEBRUARY 7, 2022

A container from Shanghai to Long Beach was 56 days in 2020 and increased to 80 days in 2021. Source E2open Shipping Index). As a result, focusing on cost and efficiency, and functional metrics throws the supply chain out of balance. He genuinely cared for the organization and prided himself on forging clever strategies.

Procurement Analytics 195

Procurement Analytics Manufacturing Procurement Sourcing Strategies Optimal Sourcing 195

ToolsGroup

AUGUST 1, 2022

Returns come with plenty of challenges around logistics, inventory, and predicting volatile sales trends. As a retailer, you must plan a customer-centric returns strategy in order to build client trust and prevent negative reviews on social media, websites, and other channels where customers interact. Retail returns are on the rise.

Retail 296

Retail Optimal Sourcing Purchasing Skills Procurement Solutions 296

Enterra Insights

JANUARY 4, 2023

.”[3] Maggie Barnett , Chief Operating Officer of ShipHero, told Keenan and Moore, “With the widespread application of automation, AI, and other technologies, it’s critical to have data that can help those technologies become even more efficient and intelligent.”. Inventory Confusion. Decoupling from China. ”[6].

Supply Chain Design Software 130

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain 130

Arena Solutions

APRIL 4, 2023

1 In 2018, the three engineering disciplines producing the most degrees were, mechanical engineering, with 31,936 degrees, computer science with 19,082 degrees, and electrical engineering with 13,767, 2 And in 2020, 199,790 degrees in engineering were awarded in the U.S. Breaking it down In the U.S. 3 What’s the allure?

Manufacturing Procurement 81

Manufacturing Procurement Sourcing Strategies Inventory Reduction Cost Reduction Strategies 81

SCMDOJO

APRIL 24, 2024

In that case, you can unlock new efficiencies, meet the non-stop rising customer expectations, and future-proof your operations. Top Logistics Trends in 2024 As businesses seek higher efficiency and resilience, the supply chain trends for this year reflect a resumed focus on digitization, sustainability, and agility. billion by 2026.

Optimal Sourcing 61

Optimal Sourcing Agile and Lean Supply Chain Waste Reduction Material Savings 61

Logility

MAY 17, 2022

The new index is comprehensive, synthesizing data from a variety of sources including the Baltic Dry Index (cost of shipping raw materials), the Harpex Index (container shipping rate changes), Purchase Manager Index surveys and data from the Institute of Supply Management’s manufacturing survey. McKinsey, August 2020.

Scenario Planning 173

Scenario Planning Modeling Supply Chain Planning Software Optimal Sourcing 173

Logistics Viewpoints

FEBRUARY 26, 2024

Cooper uses this solution to improve their service levels and operational efficiencies. Prior to 2020, they were paying around ten cents a mask. During 2020, Cooper was paying up to a $1.50 2020 it was just a scramble for PPE,” Dr. Runkle explained. “We We had to go off contract and find our own.

Supply Chain Planning Software 249

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Pharmaceutical 249

Locus

APRIL 3, 2023

All successful modern-day businesses rely on an efficient system of logistics management. This refers to planning, coordinating, and executing the flow and storage of goods and services, including activities such as transportation, inventory management, order processing, warehousing, packaging, and security. from 2019 to 2025.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Optimization Optimization Software Supply Chain Planning Software 52

Taulia

NOVEMBER 2, 2022

Even a cursory look at the headlines we’ve seen since 2020 reveals a ‘perfect storm’ of challenges to global supply chains. All of this has created a challenging environment for any business whose supply chains span the globe, with average global shipping rates having more than quadrupled since 2019. Avoiding overproduction.

Agile and Lean Supply Chain 91

Agile and Lean Supply Chain Inventory Reduction Resource Reduction Waste Reduction 91

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. Is there a supply chain stakeholder anywhere in the world right now who’s willing to use data from 2020-22 to project demand during 2023-25?

Network Design Software 130

Network Design Software Network Design Supply Chain Design Network Optimization 130

The Logistics & Supply Chain Management Society

DECEMBER 21, 2021

Logistics service providers quickly utilised the technological platforms at their disposal to uphold business continuity, and those who had entered 2020 with more mature digitalisation of their internal processes found themselves, literally, back online quicker. . How do you prepare your supply chain to be future-ready for this New Normal?

Supply Chain Planning Software 245

Supply Chain Planning Software Supply Chain Software Supply Chain Strategy Agile and Lean Supply Chain 245