Supply Chain Shaman

APRIL 15, 2020

My first focus was on China sourcing. China was the source of over 90% of PPE.) Border crossings will be tough, and the infrastructure for the ocean and air freight tumultuous. Instead, use demand sensing technologies to detect patterns with minimal latency into inventory requirements. Evaluate Inventory.

Supply Chain Planning Software 440

Supply Chain Planning Software Supply Chain Design Software Modeling Supply and Demand 440

Supply Chain Shaman

NOVEMBER 29, 2021

The increasing issues with tax and tariff shifts and the policies of China make the response more complicated. Labor shortages and shifts in routes reduce the availability of air freight. Inventories are out of balance with demand and the rising need for write-offs. Rolling Electrical Outages in China. With only 5.8%

Supply Chain Planning Software 273

Supply Chain Planning Software Modeling Supply Chain Optimization Supply Chain Software 273

Logistics Viewpoints

FEBRUARY 2, 2024

UPS is seeking alternative strategies for its truck brokerage business, which has seen sales plummet amid a freight recession marked by declining rates and over capacity. More than $728 million is on the way to communities around the nation to bolster intermodal freight infrastructure. technology from helping China’s military.

Cost Reduction Strategies 256

Cost Reduction Strategies Inventory Reduction Logistics Network Optimization Software Manufacturing Procurement 256

Freightos

DECEMBER 20, 2022

The sheer influx in demand, combined with the variety of supply chain stressors, also catapulted global freight to new levels of infamy (although none perhaps as famous as the Suez Canal blockage). Freight rates as a forward looking indicator of CPI. Let’s start by taking a look at global ocean freight prices.

Purchasing Skills 156

Purchasing Skills Analysis Cost Reduction Strategies Freight 156

Logistics Viewpoints

NOVEMBER 17, 2022

This shortage is the culmination of various ongoing issues – geopolitical tensions related to the Russia-Ukraine war, the rapid shift in consumer buying behavior and container freight availability. Beer and food industries are particularly affected by the shortages of aluminum cans as most customers prefer take-home packaging.

Packaging 246

Packaging Food Manufacturing Procurement GEP 246

Logistics Viewpoints

SEPTEMBER 26, 2022

But SHIFEX, the freight forwarder rate index, recently recorded the lowest ocean freight rate between China and the port of Long Beach in 24 months —a rate of $3,500 to move a 40-foot container. Economists are beginning to speak of “immaculate disinflation.” This is an 80% drop year on year drop.

Vendor Strategies 221

Vendor Strategies Forecasting Long Beach Supply Chain 221

Freightos

OCTOBER 25, 2023

More Resources Home October 25, 2023 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market. Judah Levine October 25, 2023 Unbox your Freight knowledge.

Asia 177

Asia Europe Price Reduction Freight 177

Supply Chain Shaman

NOVEMBER 29, 2021

The increasing issues with tax and tariff shifts and the policies of China make the response more complicated. Labor shortages and shifts in routes reduce the availability of air freight. Inventories are out of balance with demand and the rising need for write-offs. Rolling Electrical Outages in China. With only 5.8%

Supply Chain Planning Software 195

Supply Chain Planning Software Modeling Supply Chain Optimization Supply Chain Software 195

Ware2Go

JUNE 20, 2023

See the latest insights on ocean freight rates and other trends that fast-growing businesses should know about to plan for 2023 peak season. In this article: Ocean Freight: Key Stats & Industry News Ocean Freight Shipping: What to Watch For In 2023 Freight Shipping From China & Alternatives What Are The Current Ocean Freight Rates?

Negotiating Skills 98

Negotiating Skills Supply Chain Planning Software Supply Chain Planning Freight 98

Supply Chain Game Changer

OCTOBER 13, 2022

Importing From China! Either they can’t get products at all or there is a massive delay in when they can get them, resulting in upset customers, frustrated business owners, and overworked freight companies. To plan for Q4 inventory, you had to have your orders in place several months ago and now, it’s too late. Conclusion.

3PL 87

3PL China Inventory Reduction Supply Chain Planning 87

ToolsGroup

JANUARY 6, 2022

Pre pandemic we were importing the majority of our inventory from East Asia, in particular China and Japan. These businesses often collect tires of high quality as spare inventory and do not have the infrastructure in place to sell them. Lesson #1: Global supply chain challenges have businesses turning to local suppliers.

Supply Chain Planning Software 290

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Supply Chain Strategy 290

Talking Logistics

APRIL 30, 2014

A lot of companies set up operations and sourced from Mexico back in the 90s, then the focus shifted to China and other Asian countries, and now Mexico is back in the spotlight. We’ve seen, for example, instability in ocean freight, cost, and issues with [Los Angeles] ports in past years. that are used to going to their current U.S.

Mexico 171

Mexico Los Angeles Supply Chain China 171

Supply Chain Shaman

DECEMBER 30, 2021

Freight Rates 2019-2021. As a result, companies plug along planning based on historic lead times and freight rates which as you can imagine is doomed for failure. The need for data synchronization increases with the growth of nodes, the increase of the number of parties handling the freight, and the use of multiple modes of transport.

Supply Chain Design Software 195

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 195

The Logistics & Supply Chain Management Society

MARCH 16, 2021

Without a doubt 2020 will be etched in our memories as the year of multiple disasters, with the Covid-19 pandemic, trade issues between the US and China, wildfires in Australia, social unrest in Hong Kong, drastic declines in oil prices, turbulent financial markets and other politically dominated issues in emerging markets.

Pharmaceutical 246

Pharmaceutical Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Software 246

Cathy Roberson

SEPTEMBER 7, 2021

Despite supply chain costs increasing and available capacity almost a rarity, retailers are undertaking a variety of ways to make sure they receive their inventory in time for the ever-important holiday season. “We feel good about the composition of our inventory. It's been difficult to plan inventory flow with much precision.

Inventory Reduction 92

Inventory Reduction Inventory Retail Sourcing Strategies 92

Freightos

MAY 13, 2019

In itself, that’s a big deal, but its significance is compounded when you consider the trucking shipment volumes such a move will require; it’s essentially jet fuel for their new freight brokerage business. Regulating Amazon…Because Freight. As of last week you can book the truck using Amazon Freight. We welcome Amazon.

Logistics Network Optimization Software 193

Logistics Network Optimization Software Logistics Supply Chain Planning Software Freight 193

Logistics Viewpoints

JULY 17, 2023

For example, it can look like imports from China are cheaper than the same goods imported from Mexico if a company is not relying on analysis produced by an advanced good global trade compliance (GTC) system. Furthermore, the transit time from Mexico averages just 8 days versus 40 to 48 days from China. FTZ’s have many advantages.

Supply Chain Planning Software 196

Supply Chain Planning Software Optimization Software Supply Chain Strategy Supply Chain Software 196

Freightos

OCTOBER 11, 2023

More Resources Home October 11, 2023 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market. Judah Levine October 11, 2023 Unbox your Freight knowledge.

Israel 156

Israel Asia Europe Price Reduction 156

Freightos

SEPTEMBER 14, 2022

The low rates that triggered Hanjin’s bankruptcy in 2017 quickly became a thing of the past, as surging demand, congestion, and a litany of global shipping catastrophes pushed ocean freight rates into the stratosphere. While high, the shipping costs typically paled in comparison to the lost sales due to inventory shortages. Signup Now.

Logistics 156

Logistics Cargo Comparison Freight 156

Ware2Go

DECEMBER 16, 2021

Supply chain disruptions like freight delays may continue well beyond this year’s peak holiday shopping season. Freight delays have affected consumers and merchants alike. After 18 months of disruptions, the state of international freight was shaky at best heading into this holiday shopping season.

Freight 99

Freight Inventory Reduction Price Reduction Cost Reduction Strategies 99

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. Tariffs and China.

Inventory Reduction 103

Inventory Reduction Inventory Warehousing Supply Chain Planning Software 103

Logistics Viewpoints

SEPTEMBER 6, 2024

Commissioners Peter Feldman and Douglas Dziak want the agency to examine how foreign-owned platforms like Shein (Singapore) and Temu (China) comply with CPSC rules, manage third-party sellers, and represent imported goods.

Supply Chain Planning Software 260

Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software North Carolina 260

Logistics Viewpoints

FEBRUARY 25, 2022

Given low inventories and dwindling spare capacity, the oil market cannot afford large supply disruptions,” said UBS analyst Giovanni Staunovo in a Reuters article. Carriers, freight forwarders, and shippers that were dealing with the China to North America trade lanes were already operating in crisis mode.

Price Reduction 221

Price Reduction Ukraine Russia Logistics Network Optimization Software 221

The Logistics & Supply Chain Management Society

MAY 28, 2022

China trade tensions, Covid-19 measures and the Russia-Ukraine crisis. It is prime time for visibility / inventory management tools and outsourcing. For instance, Maersk and CMA CGM are building end-to-end logistics capability chains, while over USD 6bn was invested by VC investors in freight marketplaces alone through 2019.

Supply Chain Design Software 52

Supply Chain Design Software Supply Chain Software Logistics Network Optimization Software Agile and Lean Supply Chain 52

Logistics Viewpoints

MARCH 31, 2022

The energy crisis in China and the European conflict are bringing additional chaos in the form of production shutdowns, raw material shortages and blocked shipping lanes. We wanted to see inventory positions around the world compared to our forecast, compared to our actual demand. Digital Freight Bidding. to less and 0.5%.

Logistics Network Optimization Software 226

Logistics Network Optimization Software Supply Chain Planning Software Predictive Analytics Software Supply Chain Network Software 226

Freightos

OCTOBER 31, 2022

But then global freight kicked in. . It really got tricky when we hadover thousands of unitsin production and were starting to book freight and suddenly realized that the cost of freight was almost 4 or 5X what we had budgeted. Take Conner, the manufacturer of FORT, a magnetic pillow fort. It’s suddenly about the economy.

Supply Chain Planning Software 156

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

Freightos

JULY 17, 2024

Congestion at the current disrupted hubs – Singapore and Barcelona – has led to disrupted schedules and congestion in the form of vessel bunching at major ports in China. If these delays worsen, they could, in turn, lead to disrupted schedules and vessel bunching at destination hubs in Europe and North America. appeared first on Freightos.

Supply Chain Disruption 156

Supply Chain Disruption Supply Chain Strategy Supply Chain Software Resource Reduction 156

Logistics Viewpoints

JANUARY 11, 2023

Inventory Management in a High Inflation Environment ; Clint Reiser. Instead, they are likely to carry higher levels of inventory as a lower cost alternative to minimizing disruptions. Beware the Swinging Pendulum on Supply Chain Inventory Practices ; Polly-Mitchell Guthrie ( Kinaxis ). Steve Banker and Chris Cunnane.

Logistics Network Optimization Software 238

Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Design Software Forecasting Software 238

ToolsGroup

APRIL 1, 2022

Such measures include communicating with suppliers and customers , using demand shaping to overcome inventory shortages, seeking additional suppliers, and building more onshore facilities. Thanks to container prices rising as much as 600%, money that could be used for advertising went to freight companies instead. Nikkei Asia ).

Material Savings 207

Material Savings Purchasing Skills Supply Chain Planning Software Manufacturing Procurement 207

Turvo

NOVEMBER 16, 2021

During the holiday shopping season, sky-high ocean freight rates are major contributors that will strain the industry and shoppers alike. Other intermittent bottlenecks such as port shutdowns and freight policy changes will add to the shipping industry’s woes. Stocking up on the inventory is the need of the hour.

Freight 85

Freight Supply Chain Planning Software Supply Chain Planning Shipping 85

ToolsGroup

JULY 24, 2019

A decade ago it was unrealistic to compete with “the China price”. Of course trade-offs of higher manufacturing costs are balanced against reduced inventory costs, lower freight/logistics costs, lower duties and taxes and all the other parts of “total cost to serve”. Manufacturing was transformed into a global enterprise.

Supply Chain Planning Software 189

Supply Chain Planning Software Supply Chain Planning Scenario Planning Gartner 189

Logistics Viewpoints

FEBRUARY 26, 2024

I was on the phone with Australia, China, Indonesia – really everywhere – trying to negotiate directly with suppliers. Our discussion afterwards,” Dr. If they were dependent, did they have East Coast distribution centers where they could preplace inventory before the strike occurred. But there was a cost to this.

Supply Chain Planning Software 271

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Pharmaceutical 271

Freightos

FEBRUARY 28, 2022

Which brings us to international freight. The cost of importing a 40’ container from China to the United States West Coast grew 1,000% from $1,800 in 2019 to over $20,000 in September 2021 according to our Freightos Baltic Index (FBX). It’s challenging to get fixed prices for global freight. Hedging for freight price volatility.

Negotiating Skills 177

Negotiating Skills Shipping Price Reduction Supply Chain Planning 177

Freightos

NOVEMBER 11, 2021

Late 2021 saw Maersk continue to shift towards vertical integrations, with acquisition of Senator, a German freight forwarder for $644 million dollars. While Facebook is looking at virtual reality, Alibaba and Amazon are looking more at freight. More on Maersk’s transition to an end-to-end provider can be found in this 2020 report.

Price Reduction 177

Price Reduction Logistics Network Optimization Software Cost Reduction Strategies Expense Reduction 177

ToolsGroup

FEBRUARY 7, 2021

I think it’s more that the idea of sourcing and how to buffer certain inventory will be definitely more localized. So also the demand for it and even the demand couldn’t be really supplied with inventory space. There’s also, let’s say, a rail track from China to Germany, which was increasing by 25%.

Predictive Analytics Software 295

Predictive Analytics Software Retail Modeling Forecasting 295

Logistics Viewpoints

MAY 26, 2023

Target’s inventories at the end of the last quarter were 16 percent lower than the same period a year ago and Walmart cut inventories in its U.S. Inventories at U.S. across the EU, and in China. So, wish me luck in securing authentic University Blue Jordan IVs. And now on to this week’s logistics news.

Negotiating Skills 218

Negotiating Skills Pricing Training Jordan Purchasing Training 218

Logistics Viewpoints

MAY 5, 2023

million in extra freight charges, along with additional costs and lost profits. Almost 75% expected supply chain restructuring to negatively impact China’s economy much more than any other country. The home-goods retailer says in a complaint filed with U.S.

Logistics Network Optimization Software 212

Logistics Network Optimization Software Connecticut Supply Chain Planning Software Price Reduction 212