Mon.Jul 29, 2024

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What Does a Tier 1 Warehouse Management System Include?

Logistics Viewpoints

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.

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Gen Z Getting Into Supply Chain Management

Talking Logistics

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.

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Speedy Refunds: Creating Happy Customers With Fast and Effective Returns

BlueYonder

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.

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Empowering Tomorrow's Planners: Essential Skills for Success

Supply Chain Brain

With increased availability and deployment of technology to support and automate planning processes, the role of the supply chain planners needs to evolve. The competencies and skills that were important before are no longer relevant. In this session, we will discuss the evolution of the planners' roles, upskilling strategies and creating a safe learning environment.

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Brace for Impact. Unpredictable Tariff Disruptions Are Here - Your Playbook

Tariffs will have a major impact on your supply chain, margins, and operations. Drawing on our work with global companies across manufacturing, automotive, pharmaceuticals, semiconductors, software, technology, financial services, and a range of service industries, we outline the key strategic and tactical actions companies are taking to navigate this period of heightened uncertainty.

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Online Procurement System: Guide to Choosing the Right Tool

Precoro

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.

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UPS Recent Financial Performance Not a Surprise

Supply Chain Matters

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.

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Stord Expands Operations with Acquisition of Pitney Bowes’ State-of-the-Art Fulfillment Center in Kentucky

Stord

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
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Indications of Peak Reached in Global Container Shipping

Supply Chain Matters

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

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Connected Workers: Key to Closing the Manufacturing Skills Gap

Supply Chain Brain

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

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3 Ways Your Wholesaler ERP System Is Failing You

The supply chain is the world’s most complex logistics challenge, where efficiency and accuracy are critically important to ensure goods are accessible to consumers when needed. Enterprise Resource Planning (ERP) systems play a key role for wholesale distribution companies in this process, serving (among other things) as the inventory management software that attempts to ensure that the right products are available in the right quantities at the right time and place.

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Mastering Automatic Forecasting for Time Series Data

The Smart Software

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.

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Fashion Opens the Doors to ‘Econogy’: When Sustainability Yields Economic Benefits

Supply Chain Brain

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

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Every Forecasting Model is Good for What it is Designed for Copy

The Smart Software

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.

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Stormy Weather in South Africa Splits Apart Beached Cargo Ship

Supply Chain Brain

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

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Signal-Based Selling: How to Leverage 4 Key Buying Signals

As prospects define their problem, search for solutions, and even change jobs, they are generating high-value signals that the best go-to-market teams can leverage to close more deals. This is where signal-based selling comes into play. ZoomInfo CEO Henry Schuck recently broke down specific ways to put four key buying signals into action with the experts from 30 Minutes to President’s Club.

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Breaking Barriers: Multi-Language Support in LogiNext’s Delivery Automation Platform

Loginext

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.

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Toyota Plans for New EV Battery Plant on Japan's 'Silicon Island'

Supply Chain Brain

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

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Denso Bets on Automation as Climate Change Threatens Food Supply

Supply Chain Brain

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

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EU Cases of Olive Oil Fraud and Mislabeling Hit Record High

Supply Chain Brain

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

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The Evolving Retailers Fulfillment Strategy: Meeting Demands with Agility

Speaker: Becky Parisotto and John Vurdelja

Fulfillment is no longer just about getting products from point A to point B – it's about crafting seamless, scalable, customer first experiences. Flexible fulfillment strategies are more important than ever for those aiming to stay ahead and build resilience as retail enters a new era in 2025. Learn how to optimize fulfillment processes, tackle complex, multi-vendor orders, and create seamless customer experiences – from white-glove delivery for high-value items to quick-ship solutions for ever