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What is Demand Forecasting in SupplyChain Management? Demand forecasting in supplychain management is the process of predicting customer demand, supply trends, and pricing fluctuations. To help you stay ahead, here are four strategies that supplychains leaders are using to win at demand forecasting.
What is Demand Forecasting in SupplyChain Management? Demand forecasting in supplychain management is the process of predicting customer demand, supply trends, and pricing fluctuations. To help you stay ahead, here are four strategies that supplychains leaders are using to win at demand forecasting.
The pandemic highlighted the complexities of the modern supplychain and the need for companies to engage with a 3PL provider to succeed. Below are some of the critical characteristics to look for in a Logistics Service Provider partner to transform your supplychain. SupplyChain Solutions. 3PL vs. 4PL.
More Resources Home Navigating the Waves: Exploring Digital Booking in Ocean Logistics at TPM 2024 Judah Levine The sessions at this year’s TPM, the preeminent North American ocean freight conference, was more focused on the role of technology in ocean logistics than ever.
In 2023, shippers have an opportunity to reimagine their supplychain operations so they’re well equipped to navigate any future disruption. Download our agile procurement ebook for a guide to the tactics and tech solutions shippers are approaching to evolve their current strategies.
Anne is the President & CEO at the Intermodal Association of North America (IANA), North America’s leading industry trade association representing the combined interests of the intermodal freight industry.
In 2019, digital freight isn’t a vision; it’s a reality. Whether by air, land, or ocean, supplychains over the last few months paint a picture of rapid fluctuations. Land travel restrictions in Asia extended Chinese New Year, dropping ocean freight demand, which, just weeks later, spiked when the shutdown ended.
Enter FedEx… Recognizing the myriad complexities of the supplychain, FedEx, the express delivery giant founded in the 1970s, continuously added key pieces of the logistics puzzle to the services it provides its customers. The digital transformation of the freight industry marches forward with each year.
More Resources Home Ahead of the Curve: How Digitalization Helped Air Cargo Amidst Red Sea Shipping Diversions Joyce Tai April 2, 2024 If there’s one lingering lesson from the supplychain crisis of COVID, it’s that digitization can help organizations navigate crises…but that digitization can’t be put in place DURING that same crisis.
Less-than-truckload (LTL) freight is in the midst of a boom. The state of LTL freight offers a grand opportunity to overcome the significant obstacles created through economic growth, e-commerce, and global markets. Expected increases in LTL freight costs. Digital LTL freight management now and in the future.
Rail transportation is a crucial element of the global supplychain. As the most sustainable method of land-based freight, rail freight companies are at the forefront of the transition to more sustainable supplychains. Download the eBook here. Download the infographic here.
It’s time to make inbound freight a priority and begin reaping the benefits of a program that creates win-win rewards for all supplychain partners. Unfortunately, few shippers make inbound freight a priority, and even fewer consider it a strategic supplychain initiative.
Hello and welcome back to another episode of “The Freight Project Podcast!” We hope you enjoy “The Freight Project Podcast.” We’ll publish every Tuesday right on the Cerasis blog and Freight Institute. We hope you enjoy this episode of The Freight project podcast! Download eBook. Download eBook.
Shipping rates will continue to soar, and demand for more capacity will push the stretched industry to its breaking point, says Michael Angell of Freight Waves. With FT carriers already rejecting some freight that is too light (in the range of 5,000 to 10,000 pounds), demand for LTL options and capacity will increase. Download eBook.
Hello and welcome back to another episode of “The Freight Project Podcast!” We hope you enjoy “The Freight Project Podcast.” We’ll publish every Tuesday right on the Cerasis blog and Freight Institute. Strategic Logistics and Digital SupplyChain Resources to Download. DOWNLOAD EBOOK.
AI Popup #3) AI Popup #3 August 10, 2024 Dive deeper into freight data that matters Learn More For anyone who has played around with ChatGPT or Midjourney, it’s now clear that AI has the potential to be an incredible tool for enhancing efficiency and productivity.
Worst Case Scenarios for Freight Brokers with Lisa Bruno. Lisa Bruno and Joe Lynch talk about the worst case scenarios for freight brokers. Lisa is an Industry Consultant at CarrierDirect which is a consulting firm supporting the transportation and industry, logistics, warehousing, supplychain and also provide technology support.
As a disclaimer, WebCargo , a Freightos Group company, does offers digital services to global forwarders and carriers, including online sales portals, digital eBooking, multimodal rate management and the Freightos.com freight marketplace. . The Freight Game of Thrones. The Maersk Shift: Where it started.
Last mile logistics remains a confusing part of the modern supplychain. Let’s take a closer look at what your organization needs to know about last mile visibility to enable true supplychain resiliency and thrive through 2021 and beyond. The modern supplychain must be an omnichannel network.
Vendors need to have access to the latest inbound freight routing guides and more. These challenges can be overwhelming, but supplychain executives and managers can simplify the process by tracking these top warehouse management KPIs (key performance indicators). of the digital supplychain. Download ebook.
In a world characterized by market volatility and unpredictability, businesses constantly navigate supplychain disruptions, erratic demand patterns, and unexpected risks. What happens when we intertwine Generative AI with machine learning in supplychain planning ?
Round extension led by GE Ventures, after 600% order growth in six months following the Freightos Marketplace launch and adoption of Freightos software by 1,000 freight forwarders. In August 2016, Freightos acquired WebCargoNet , a Barcelona-based technology provider of air cargo rate management and eBookings. CHECK IT OUT.
There’s been a lot of change in how we view supplychain demand forecasting: we moved from a focus on supply—what and how much to supply or replenish—to the demand-driven supplychain, which placed too much emphasis on the intermediate goal of an accurate demand forecast. Image source: Stefan de Kok.
Regardless and most importantly, reverse logistics will always form a vital function of any supplychain. Learn more about reverse logistics and core considerations by downloading the ebook: Mastering Reverse Logistics Guide. In the case of reverse logistics, the resource goes at least one step back in the supplychain.
As a result, shippers need to understand a few things about the problems leading to this switch, how it can fix a broken rating system and how to leverage DIM pricing knowledge to maintain control over freight spend. This system rated freight based on the product itself, not necessarily packaging. Download eBook.
Hello and welcome back to another episode of “The Freight Project Podcast!” On today’s episode we welcome Hannah Testani, Chief Operating Officer of Intelligent Audit , a global logistics and freight audit company. We hope you enjoy “The Freight Project Podcast.” Download eBook. Download eBook.
More Resources Home Spy Planes to Shipping Rates: Developing the Next Generation When Nothing Is Really Broken Eytan Buchman September 20, 2023 Unbox your Freight knowledge. Besides how interesting the full three hour podcast was, I had a few other takeaways that will bring us back to freight (but still stay in the air!).
We continue our series on the top 5 blogs in our 4 main categories ( Freight , Manufacturing , Logistics , and SupplyChain ). Today's post will cover the top 5 supplychain blogs from 2016 so far. Top SupplyChain Blogs from the First Half of 2016 So Far. Get The Full List Here.
We hope you enjoy this comprehensive look into data, business intelligence, metrics, and the CORE KPIs every shipper and manufacturing or supplychain professional should know in order to continually improve business practices and reduce overall costs. Download the KPIs E-Book by Filling out the Form Below!
Hello and welcome back to another episode of “The Freight Project Podcast!” We hope you enjoy “The Freight Project Podcast.” We’ll publish every Tuesday right on the Cerasis blog and Freight Institute. We hope you enjoy this very first episode of The Freight project podcast! Download eBook.
Subscribe to SupplyChain Game Changer. What’s the Difference Between a Freight Forwarder and a Customs Broker? Get Our EBOOK HERE. Freight forwarder rates article and permission to publish here provided by Victor at excelsior.ph. Subscribe Here! Email Address. Learn How to Consolidate Shipments.
Subscribe to SupplyChain Game Changer. 3 Most Common Freight Forwarding Scams (and How to Avoid Them)! GET our EBOOK HERE. Road freight transport article and permission to publish here provided by Sophia Taylor. Compared to other well-known freight forwarding methods, road freight is considerably less expensive.
Together with Quistem Founder and President Cathy Fisher, the two of us are co-hosting “ Auto SupplyChain Prophets ,” which is the first podcast dedicated solely to global automotive supplychain issues. Our goal is to help automotive suppliers and OEMs discover hidden profits within their supplychains.
AI Popup #3) AI Popup #3 Charles Marrale July 31, 2024 Dive deeper into freight data that matters Learn More For anyone who has played around with ChatGPT or Midjourney, it’s now clear that AI has the potential to be an incredible tool for enhancing efficiency and productivity.
Subscribe to SupplyChain Game Changer. What’s the Difference Between Freight Management and Logistics Management? Get Our EBOOK HERE. Freight Management services article and permission to publish here provided by Saheer Gurjot. Why is freight management important? Subscribe Here! Email Address.
Now that you understand the four points of driving supplychain metrics success––cement your momentum with the next step: our eBook, The Value of Metrics in SupplyChain Performance. Skilled in Operations Management, Freight, Reverse Logistics, Operational Excellence, and Pricing Strategy.
With its environmental advantages, rail is answering the call in addressing challenges of sustainability, mass passenger transit and freight mobility. There is no doubt that the rail freight industry offers a sustainable alternative to highway transport, with a single freight train able to move the equivalent of over one hundred trucks.
What is considered logistics vs what is considered supplychain? Among the services which they provide are transportation, warehousing, cross-docking, inventory management, packaging, and freight forwarding. SupplyChain Security Analysis. We have the same problem in the 3PL business. Or distribution? Fulfillment.
There’s been a shift from executing daily freight transactions to integrating top-level corporate planning and procurement strategies. To build a competitive chainsupply management, here are strategies you may need to incorporate if you’re looking to elevate freight management in your organization.
Unfortunately, the use of full truckload shipments and expenditures have hit an all-time high, reports Kate Patrick of SupplyChain Dive. Download eBook. Decreasing capacity and increasing full truckload rates are expected to increase throughout 2018, reports Freight Waves. Fortunately, a solution exists.
Process chemical manufacturers face complex supplychain challenges including dealing with hazardous and perishable ingredients whose characteristics (potency, color, composition, etc.) I believe there are several key ingredients to formulating a winning process manufacturing supplychain. can vary from lot to lot.
Subscribe to SupplyChain Game Changer. Do You Have Hidden Freight Costs? GET our EBOOK HERE. Freight sourcing team article and permission to publish here provided by Katharine Barrios at xeneta.com. These are the must-haves for any effective freight sourcing team. Use of Freight Rate Benchmarking.
Subscribe to SupplyChain Game Changer. Get OUR EBOOKS HERE. As we come to the end of our 4th year here at SupplyChain Game Changer we have realized some exciting milestones. The site is viewed as a key influencer platform in the arenas of SupplyChain, Logistics, Procurement and Management.
But the volume of available digitalized data, and the number of tools, solutions and platforms that supplychain stakeholders are using (juggling?) The increase in the volume and use of digitized freight data has made the need for – and lack of – industry data standards all the more acute. are growing too.
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