Talking Logistics

JULY 29, 2024

Are your kids interested in learning about supply chain management? Are any of them pursuing (or have gotten) a degree in the field? In my case, my kids have certainly become more aware about supply chain management since the pandemic, but none of them (so far) have pursued a degree in it. My two oldest. Read more The post Gen Z Getting Into Supply Chain Management appeared first on Talking Logistics with Adrian Gonzalez.

Supply Chain 264

Supply Chain Supply and Demand Logistics Journal 264

Logistics Viewpoints

JULY 29, 2024

A Tier 1 WMS Should be Capable of Complex Optimization ARC Advisory Group does global market research on the warehouse management system market. We write about trends in this study. I am the author of this year’s study. One trend I believe is imminent is that the market appears to be poised to bifurcate in terms of functionality. There will increasingly be Tier 1 solutions with complex optimization.

Optimization Software 238

Optimization Software Supply Chain Planning Software Forecasting Software Warehousing 238

BlueYonder

JULY 29, 2024

Returns are one of retailers’ biggest problems in today’s e-commerce landscape – with 63% of merchants saying it’s a significant problem for their business. Without effective returns strategies, retailers are experiencing increased costs thanks to processing, sorting and restocking returns – all while damaging the customer’s experience of the brand and increasing their churn rate.

Cost Reduction Strategies 105

Cost Reduction Strategies Resource Reduction Logistics Network Optimization Software Purchasing Skills 105

Supply Chain Brain

JULY 29, 2024

Pacific Shipping plans to withdraw from service two container vessels — the MV Moana Chief and MV Takutai Chief — which move goods among several ports in New Zealand.

New Zealand 98

New Zealand Supply Chain Planning Scenario Planning Supply Chain 98

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The Supplier Relationship Management Playbook is your guide to building effective supplier partnerships that drive supply chain excellence. This playbook equips supply chain professionals with strategies for managing compliance, tracking performance, and fostering collaboration to reduce supply chain risks. Inside, you’ll find: Strategies for Compliance: Best practices to help meet regulatory standards.

Supply Chain Strategy

Precoro

JULY 29, 2024

In today’s digitalized world, more and more companies are moving away from paper and spreadsheet-based processes in favor of more accurate, simple, and efficient automation. According to the 2020 Forrester Consulting Thought Leadership Paper , 72% of business decision-makers agree that digital processing increases resilience. Procurement operations are no exception.

Procurement Solutions 83

Procurement Solutions Supply Chain Design Software Supply Chain Planning Software Inventory Management Software 83

Supply Chain Matters

JULY 29, 2024

Last week global parcel and logistics services provider United Parcel Service (UPS) reported weaker revenues and profitability levels for the second quarter , below equity analyst consensus expectations. Consolidated operating profit declined 30.1 percent on a year over year basis. The immediate news of this performance caused a 12 percent decline in the company’s shares in early trading.

Price Reduction 52

Price Reduction Cost Reduction Strategies Negotiating Skills Logistics Network Optimization Software 52

Stord

JULY 29, 2024

Stord’s eleven North American fulfillment centers maximize customer experience while reducing operational costs for omnichannel brands. ATLANTA, July 29, 2024 — Stord , a leader in high-volume fulfillment services and commerce enablement technology for omnichannel brands, today announced the acquisition of Pitney Bowes’ E-commerce Fulfillment business.

Kentucky 144

Kentucky Las Vegas United Kingdom Atlanta 144

Supply Chain Matters

JULY 29, 2024

Current published reports and available industry data reinforce indications that the peak both in volume and in ocean container shipping rates may have been reached. Once more, current longer term industry trends imply a period of excess global container vessel ship capacity by 2026. Imports Peaked Earlier The Wall Street Journal reported ( Paid subscription ) on Tuesday of last week that U.S. retailers have been pulling forward their 2024 holiday fulfillment inventory needs as a hedge toward

Shipping 52

Shipping Global Los Angeles Long Beach 52

Supply Chain Brain

JULY 29, 2024

The manufacturing industry is at a critical juncture, as it struggles to cope with a crippling labor shortage and skills gap.

Manufacturing 109

Manufacturing Industrial Industry 109

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Large enterprises face unique challenges in optimizing their Business Intelligence (BI) output due to the sheer scale and complexity of their operations. Unlike smaller organizations, where basic BI features and simple dashboards might suffice, enterprises must manage vast amounts of data from diverse sources. What are the top modern BI use cases for enterprise businesses to help you get a leg up on the competition?

Optimal Sourcing

The Smart Software

JULY 29, 2024

In this blog, we will explore the automatic forecasting for time series demand projections. There are multiple methods to predict future demand for an item, and this becomes complex when dealing with thousands of items, each requiring a different forecasting technique due to their unique demand patterns. The post Mastering Automatic Forecasting for Time Series Data appeared first on Smart Software.

Forecasting 105

Forecasting Forecasting Software Data Predictive Analytics Software 105

Supply Chain Brain

JULY 29, 2024

The incident reports included oils contaminated with unauthorized substances such as pesticides, mineral oils and one case where glass fragments were discovered.

Report 105

Report 105

The Smart Software

JULY 29, 2024

With so much hype around new Machine Learning (ML) and probabilistic forecasting methods, the traditional “extrapolative” or “time series” statistical forecasting methods seem to be getting the cold shoulder. However, it is worth remembering that these traditional techniques (such as single and double exponential smoothing, linear and simple moving averaging, and Winters models for seasonal items) often work quite well for higher volume data.

Forecasting 98

Forecasting Modeling Software Forecasting Software Modeling 98

Supply Chain Brain

JULY 29, 2024

A challenging economy, coupled with the need to focus on sustainability, are driving change within fashion companies.

Sustainability 105

Sustainability Company 105

Speaker: Eric Berdinis, Ran Sun, & Chris Chmielewski

Procuring freight can be cumbersome, time-consuming, and error-prone. If you’re frustrated with the complex and manual processes for obtaining bids for your contract and spot freight, you’re not alone. In today’s fast-moving supply chain environment, optimizing these processes is critical to staying competitive and cutting costs. Join this exclusive webinar with experts from Uber Freight to learn how the latest digital tools and automation can transform your freight procurement strategy by strea

Optimal Sourcing

Loginext

JULY 29, 2024

LogiNext's delivery automation platform supports over 10 languages, breaking down barriers in the logistics industry. It enables smooth communication, efficient operations, and exceptional customer service worldwide. The post Breaking Barriers: Multi-Language Support in LogiNext’s Delivery Automation Platform appeared first on loginextsolutions.com.

Logistics Network Optimization Software 77

Logistics Network Optimization Software Customer Service Logistics Industrial 77

Supply Chain Brain

JULY 29, 2024

During a recent storm, 22-foot-swells slammed into the vessel every 15 seconds, cracking the hull and breaking the ship into four pieces.

South Africa 98

South Africa Africa Shipping Cargo 98

Supply Chain Brain

JULY 29, 2024

The new facility will provide EV batteries for Lexus vehicles made at Toyota's Miyata plant roughly 25 miles away.

Japan 96

Japan 96

Supply Chain Brain

JULY 29, 2024

The market is growing for industrialized greenhouses capable of providing fresh produce consistently amid climate change as well as shortages of workers.

Food 89

Food Supply and Demand Industrial Industry 89

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Pursuing product portfolio management excellence empowers organizations to unlock the full potential of their offerings. This comprehensive guide unveils 10 essential keys that serve as the building blocks for success.

How To