QAD

JULY 18, 2024

While this lowers the actual product cost, it may result in increasing transportation, inventory, warehousing and Customs costs. This cost includes the per-unit price of the product itself, freight charges, taxes, import and export duties, insurance premiums, payment processing fees, currency exchange rates and other expenses.

Purchasing Skills 98

Purchasing Skills Cost Reduction Strategies Expense Reduction Material Savings 98

CH Robinson Transportfolio

JANUARY 8, 2019

What is your air freight strategy for the year ahead? The surge in demand for air freight that took off in mid-2016 normalized in early 2018. It is likely that 2018 will end with a growth rate in the 4% range, down from 10% in 2017 (measured in freight tonne kilometers per IATA ). Explore air freight consolidation.

Trends 38

Trends Freight Inventory Reduction Cost Reduction Strategies 38

BlueYonder

OCTOBER 11, 2021

And did we mention that many retailers are scrambling since factories in Vietnam are shut down or operating at very limited capacity due to COVID outbreaks. Let’s start with inventory issues. Many retailers who rely on merchandise produced in Vietnam are re-evaluating what they can get to showrooms in time for fall and winter.

Inventory Reduction 52

Inventory Reduction Price Reduction Cost Reduction Strategies Los Angeles 52

Logistics Bureau

MARCH 19, 2020

The US auto industry is expected to follow suit as stockpiled inventory becomes depleted. These smart operators include: John Deere: The agricultural vehicle manufacturer says it expects to spend $40 million (USD) on expedited freight to ensure there is no disruption in supply. The Electronics Industry.

Pharmaceutical 64

Pharmaceutical Supply Chain Strategy Manufacturing Procurement Supply Chain 64

Enterra Insights

MAY 16, 2022

With securing low-cost labor no longer the ultimate goal — and with supply chain disruptions, labor shortages and rising freight rates being the ‘new normal’ at least for now — companies are reshoring, localizing and making goods closer to where they sell them. ”[4].

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Design Software Alloy Supply Chain Software 130

Logistics Bureau

FEBRUARY 1, 2025

Lead times are typically 30-45 days for ocean freight, plus production time. This requires careful inventory planning and higher safety stock levels. Raw material prices and freight rates can swing dramatically, affecting landed costs. Many companies are now developing parallel supply sources in countries like Vietnam or India.

China 64

China Material Savings Price Reduction Manufacturing Procurement 64

Unleashed

MARCH 31, 2021

The life of coffee begins with growers in the likes of Brazil or Vietnam. You’ll see that the KPIs in both supply chain management and logistics are very similar, in that they often track the movement or storage of inventory. Inventory days of supply. Freight bill accuracy. Examining KPIs: Supply chain vs. logistics.

Supply Chain Planning Software 69

Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Software Agile and Lean Supply Chain 69

CH Robinson Transportfolio

JANUARY 8, 2019

What is your air freight strategy for the year ahead? The surge in demand for air freight that took off in mid-2016 normalized in early 2018. It is likely that 2018 will end with a growth rate in the 4% range, down from 10% in 2017 (measured in freight tonne kilometers per IATA ). Explore air freight consolidation.

Trends 34

Trends Freight Inventory Reduction Cost Reduction Strategies 34

Supply Chain Matters

JULY 2, 2024

Of the 30 nations that were included in the June reading, India, Russia and Vietnam were the three most positive PMI readings. That stated, inventory pressures coupled with higher demand have reportedly led to lengthening lead times for the country’s manufacturers. compared to the 50.3 average reported for Q1-2024.

Manufacturing Procurement 52

Manufacturing Procurement Manufacturing Global Optimal Sourcing 52

Cathy Roberson

JUNE 28, 2021

Current inventories are not able to keep up with the pent-up demand that is driving the desire for the latest shoe fashion as consumers return to work, shopping in stores, and to social activities such as concerts, parties, and travel. In fact, it appears that low inventories are here to stay for many of the retailers. In 2020, 1.9

Vendor Strategies 52

Vendor Strategies Inventory Reduction Expense Reduction Forecasting 52

Supply Chain Matters

JUNE 9, 2023

A published Future of Freight study sponsored by Deloitte in September 2022 indicated that U.S. the strategies were exploring nearshoring of prior foreign production, diversifying supplier networks and adding additional contingency inventories. Vietnam is business-friendly, but it doesn’t have enough skilled workers.

Manufacturing Procurement 52

Manufacturing Procurement Expense Reduction Cost Reduction Strategies Resource Reduction 52

NC State SCRC

SEPTEMBER 9, 2016

This challenge has been also impacted by the growing discontent on the part of retailers and customers who are unhappy with the trend towards larger slow-steaming ships, which leaves more inventory on the water for a longer period of time. bankruptcy code.

South Korea 40

South Korea Cargo Thailand Indonesia 40

Kanban Logistics

JUNE 30, 2022

In recent months, the US Commerce Department has been investigating whether “imports of solar panels from Cambodia, Malaysia, Thailand and Vietnam are circumventing tariffs on goods made in China.” Your 3PL partner will manage your inventory, receive incoming product, and prepare outgoing product. Transportation services.

North Carolina 52

North Carolina Warehousing Logistics Network Optimization Software Logistics 52

Jaggaer

APRIL 14, 2020

Yet with the autobahns, motorways and highways largely free of traffic apart from freight, goods are generally getting through and we are yet to see long-term shortages of food and other essential items. Countries such as the UK and Ireland, which are highly reliant on air freight, are especially exposed to this kind of supply chain risk.

Supply Chain Disruption 52

Supply Chain Disruption Europe Cost Reduction Strategies Material Savings 52

EMERGE App

JULY 16, 2018

You might want to check out other regional manufacturing hubs if you’re doing clothing (Bangladesh and Vietnam) or leather goods and shoes (Vietnam). Remember that landed costs — custom duties, insurance and freight — add to the total cost of your products and thus affect your profit margin.

Manufacturing Procurement 71

Manufacturing Procurement Purchasing Skills Just-in-Time Modeling Software 71

Supply Chain Matters

AUGUST 2, 2022

Global consumer product goods provider Nestle in its latest report of quarterly financial performance indicated that despite being able to raise prices for a wide variety of marketed products, higher costs for commodities, freight and energy continue eroding profit margins. Higher costs reportedly have resulted in a 2.8

Cost Reduction Strategies 52

Cost Reduction Strategies Supply Chain Planning Software Supply Chain Planning Price Reduction 52

Freightos

JUNE 21, 2023

Blog " * " indicates required fields Email * More Resources Home June 21, 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.

Negotiating Skills 156

Negotiating Skills Panama Asia Cargo 156

CH Robinson Transportfolio

NOVEMBER 13, 2018

Customers have asked us if there may be enough surplus inventory on the move so that Chinese New Year will have less of an impact on shipping than in previous years, in spite of the tariffs. We believe that even with a strong October/November season and higher inventory levels, Chinese New Year will continue to be strong.

Shipping 34

Shipping Manufacturing Procurement China Optimal Sourcing 34

6 River Systems

SEPTEMBER 17, 2019

In higher-traffic markets, Advance Auto Parts has “hub” stores that keep more inventory in-stock to give customers what they need when they need it. Bed Bath & Beyond is also implementing inventory reduction strategies and is on track for a 5% reduction year-over-year by the end of the current fiscal year.

Supply Chain Design Software 45

Supply Chain Design Software Supply Chain Planning Software Sourcing Strategies Logistics Network Optimization Software 45

EMERGE App

JULY 11, 2018

In fact, China’s wages have been on the rise and fast-growing countries like Vietnam and Bangladesh are developing niches in footwear and clothing manufacturing as well. Once the goods are finished and ready for export, they will take care of export certification and documentation, and finally arrange for international freight shipping.

Purchasing Skills 64

Purchasing Skills Manufacturing Procurement Negotiate Pricing Negotiating Skills 64

Gravity Supply Chain

MAY 20, 2022

Just-in-time (JIT) inventory management became crucial to the nation’s meteoritic industrial growth, including Toyota’s eclipsing North American and European automakers as the world’s largest automakers for their time. A world transformed. In 1956, manually loading a ship cost $5.86 billion metric tons as of 2017.

Supply Chain Planning Software 52

Supply Chain Planning Software Procurement Solutions Supply Chain Software Predictive Analytics Software 52

Stord

APRIL 26, 2022

After 2+ years of out-of-stock messages, low inventory levels, and sky-high costs, brands are exploring a wide range of strategies to resolve these issues and strengthen their inventory throughput in 2022 and beyond. struggles with low inventory-to-sales ratios , brands are having to spend top dollar to get products in stock quickly.

Inventory Reduction 78

Inventory Reduction Vendor Strategies Cost Reduction Strategies Expense Reduction 78

Supply Chain Matters

JANUARY 10, 2023

Business and supply chain focused media reports already point to increased supplier and manufacturing investment in regions such as Mexico, Eastern Europe, India, Vietnam and other regions as responses to added supply network resiliency or agility. A published Future of Freight study sponsored by Deloitte in September 2022 indicated that U.S.

Predictive Analytics Software 52

Predictive Analytics Software Resource Reduction Manufacturing Procurement Cost Reduction Strategies 52

EMERGE App

NOVEMBER 4, 2018

For example, China for just about everything that can be made, Vietnam for clothing and shoes, and Bangladesh for garments. You could do it manually but why do it when smart inventory management systems , such as EMERGE App , can automatically calculate landed costs for you? And the list goes on. Check Import Laws & Regulations.

Purchasing Skills 49

Purchasing Skills Negotiate Pricing Negotiating Skills Manufacturing Procurement 49

Resilinc

JULY 20, 2021

Closer proximity—as compared to Asia—alone could reduce shipping times and inventory costs, as well as the greenhouse gas emissions from ocean and air freight, according to the three. That has dramatically increased the cash tied up in inventory,” said Rogers. Proximity = lower costs and lower carbon.

Manufacturing Procurement 62

Manufacturing Procurement Manufacturing Puerto Rico Inventory Reduction 62

EMERGE App

NOVEMBER 4, 2018

For example, China for just about everything that can be made, Vietnam for clothing and shoes, and Bangladesh for garments. You could do it manually but why do it when smart inventory management systems , such as EMERGE App , can automatically calculate landed costs for you? And the list goes on. Check Import Laws & Regulations.

Purchasing Skills 40

Purchasing Skills Negotiate Pricing Negotiating Skills Manufacturing Procurement 40

Logistics Viewpoints

APRIL 11, 2025

The event highlighted various robotic solutions, including dense storage systems, autonomous mobile robots (AMRs), aerial inventory management drones, and robotic picking systems. Freight forwarders and procurement managers are rerouting orders through lower-tariff regions, while U.S.

Supply Chain Planning Software 232

Supply Chain Planning Software Resource Reduction Price Reduction Cost Reduction Strategies 232

BR Williams Supply Chain Management

MARCH 10, 2023

We would like to share some insights on the general economy and freight market specifically with you: our customers, employees, business partners and community. While many economists warned of the inherent uncertainties of a market dependent upon new variables with very little historical precedent, few predicted the freight recession of 2022.

Freight 98

Freight Report Forecasting Price Reduction 98

Ware2Go

OCTOBER 14, 2021

The US is facing a shortage of warehouse space and truck drivers , and shifting to 24/7 operation will require enormous co-ordination between the publicly operated ports and private sector groups, including large retailers and freight companies. You’ve got record levels of inventory in the country already. The stakes are high.

Los Angeles 52

Los Angeles Long Beach Supply Chain Design Software Gartner 52

Freightos

APRIL 3, 2025

Home Trumps April Tariffs – Rundown, Implications and Freight Impact On Wednesday, April 2, President Trump announced a sweeping and encompassing global tariff, paired with reciprocal tariffs on a list of nearly 60 countries. If things do play out this way, the freight market will suffer too.

Freight 274

Freight Mexico Manufacturing Procurement China 274

Freightos

FEBRUARY 18, 2025

Home February 18, 2025 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. Email This field is for validation purposes and should be left unchanged.

Asia 156

Asia Cargo Europe Price Reduction 156

Freightos

DECEMBER 17, 2024

Blog More Resources Home A Volatile Year Ahead: Scenarios for Ocean Freight in 2025 Judah Levine Freightos was delighted to host its seventh annual FreighTech conference recently, bringing together leaders in What does 2025 hold in store for ocean freight ? Stay informed every single week with our free weekly freight update.

Scenario Planning 156

Scenario Planning Freight Negotiating Skills Asia 156

Freightos

APRIL 8, 2025

Home April 8, 2025 Update The Freightos Weekly Update keeps you informed on international freight with key economic data, demand trends, and rate insights. Many other countries, including Vietnam, are actively trying to negotiate a resolution instead. Asia-US East Coast prices (FBX03 Weekly) increased 5% to $3,541/FEU.

Negotiating Skills 238

Negotiating Skills Asia China Canada 238