TransAudit

JULY 6, 2023

It advances digitization efforts, facilitates data cleaning, and streamlines supply chain planning, procurement, and execution. Benefits of Machine Learning in Supply Chain Management One of the most potent applications of machine learning lies in inventory management. Europe, China, and Singapore.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Optimization Modeling Optimization Software 52

Supply Chain Matters

FEBRUARY 23, 2023

As we noted in our specific 2023 prediction focused on the global transportation industry sector , entering 2023, industry perspectives were on the ability to be able to maintain higher rates by basis of multi-year signed contracts executed at the height of shipping rates. percent decline in global trade.

Negotiating Skills 52

Negotiating Skills Inventory Reduction Price Reduction Cost Reduction Strategies 52

DynaSys

OCTOBER 7, 2021

Excellent sales, operational, and inventory planning involves collaboration within and outside an organization. Advanced Analytics let you share complex data and collaborate with critical stakeholders to improve forecast accuracy, better respond to consumer demand, reduce inventory, improve production, and grow profits. Omni-Channel.

Analytics Software 52

Analytics Software Supply Chain Planning Software Analytics Supply Chain Design Software 52

Supply Chain Matters

MARCH 3, 2022

The Supply Chain Matters blog highlights February global manufacturing and supply chain indices and challenges relative to product demand and supply network imbalance levels in the first quarter of 2022. Of particular concern was the Inventory level index, which rose 9.1 percentage points to 80.2 to an all-time high.

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Supply Chain Optimization Global 52

Supply Chain Matters

OCTOBER 7, 2022

The Wall Street Journal reported this week ( Paid subscription or metered view ), that fashion and apparel retailer Macy’s has managed to avoid the significant excess merchandise inventory levels that are challenging other retailers. We recommend that our readers have a view of this report.

Supply and Demand 52

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Supply Chain Matters

JUNE 16, 2022

The Logistics Managers Index for May indicated that inventory costs are now one-third higher than they were last year. CFO ’s, if they have already done so, will be calling for a comprehensive inventory management analysis, especially if prior decisions were made to take on added inventory as a supply network risk mitigation measure.

Material Savings 52

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Supply Chain Matters

AUGUST 5, 2024

manufacturing and procurement activity levels, namely the ISM Report on Business Manufacturing PMI , and the S&P Global U.S. Business confidence reportedly weakened for the fourth month running along with further declines in purchasing activities and inventories. as contributing to a slowdown.

Manufacturing Procurement 52

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Supply Chain Matters

AUGUST 11, 2022

In this particular assessment, we reflect on our prediction that cost inflation trends that occurred among global logistics and transportation modes last year, would be unsustainable, and would drive remediation efforts. Mid-Year Global Transportation Assessment. Additional Thoughts and Perspectives.

Predictive Analytics Software 52

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Supply Chain Matters

AUGUST 4, 2022

Supply chain logistics B2B platform provider project44 produces a series termed Supply Chain Insights by project44 which extracts select data from the provider’s tracking of global transportation and logistics flows. A July edition provided two reports that responded to the question- Are Global Supply Chains Recovering ?

Supply Chain Planning Software 52

Supply Chain Planning Software Global Supply Chain Planning Supply Chain Software 52

Intelligent Audit

JULY 5, 2022

CBS News reported that this new sustainable freight transport option is one of over 1,000 electric vehicles employed by the shipping giant. . Massive Inventory Levels Are Crashing Against Signs of an Economic Recession. New Research Reveals Plant-Based Diets May Not Be as Ecofriendly as Previously Thought.

Quality 52

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Supply Chain Matters

DECEMBER 13, 2022

The year featured continual component shortfalls, explosive inbound materials cost increases and continuous global transportation disruptions. The overall theme depicted in the November reporting was an intensification of a global manufacturing downturn. Current Year 2022.

Manufacturing Procurement 52

Manufacturing Procurement Supply Chain Software Supply Chain Optimization Supply Chain Strategy 52

Supply Chain Matters

AUGUST 15, 2022

Inventory Glut of Bicycles. In retrospect, they collectively ordered too much finished goods inventory from offshore supply sources. Cited are interviews with dealers who indicated multiple lost sales during the initial lockdown periods, because of not having any new bikes in inventory. West Coast were in excess of 200 days.

Inventory Reduction 52

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Supply Chain Matters

JULY 28, 2023

From our lens, the global wide Covid-19 pandemic provided ample evidence of the fragility of healthcare supply networks including the sourcing of critical drugs within Asian and other countries, subject to disruptions by natural disaster, effects of climate change or disruptions to global transportation. and other countries.

North Carolina 52

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Supply Chain Matters

JULY 6, 2022

Further reported was that about two-thirds of the company’s inventory was still in-transit at the end of the most recent quarter. In 2021, Nike experienced discernable production and transportation disruptions for products sourced in Vietnam as suppliers struggled with Covid-19 lockdowns, labor and transport shortages.

Supply Chain Disruption 52

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Supply Chain Matters

JULY 29, 2024

retailers have been pulling forward their 2024 holiday fulfillment inventory needs as a hedge toward deepening global supply chain disruptions, geopolitical developments and rising freight rates. retailer inventories to sales level ratio rose to a level of 1.31 This has been a theme indicated by various industry media as well.

Shipping 52

Shipping Global Los Angeles Long Beach 52

Supply Chain Matters

AUGUST 7, 2023

In the past we would expect to see transportation and warehousing ramping up hiring in late summer ahead of peak season. ” The July PMI report further pointed to current inventory levels being at their lowest point in the history of this index, and based on July data, is still an ongoing process. There were 1.96

Logistics Network Optimization Software 52

Logistics Network Optimization Software Transportation Logistics Warehousing 52

Supply Chain Matters

SEPTEMBER 3, 2022

Similarly, raw material inventories are accumulating due to the sudden and unexpected drop in production volumes.”. . The August S&P Global Taiwan Manufacturing PMI® remained rather concerning, with firms reportingly indicating continued rapid falls in output and new orders. Bob Ferrari.

Manufacturing Procurement 59

Manufacturing Procurement South Korea Manufacturing Global 59

Supply Chain Matters

JUNE 14, 2024

Cost Saving Opportunities Diminishing As we have provided in our market advisories and annual predictions, entering 2024 many businesses mandated that added cost savings were required and one of the primary target areas was going to be high global transportation and related logistics costs.

Negotiating Skills 52

Negotiating Skills Cost Reduction Strategies Shipping Price Reduction 52

Supply Chain Matters

MARCH 10, 2022

This posting provided additional commentary related to the ongoing global shortage of semiconductor components utilized in automotive manufacturing. Noted was that the digital transformation of Lean practices requires new definition and direction for just-in-time inventory management flows. Number Nine. February 4, 2021.

Supply Chain Planning Software 52

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Supply Chain Matters

SEPTEMBER 23, 2022

The announced rate hike was justified by executives by a need to boost revenues amid an estimated 11 percent decline in daily package volumes and acknowledgement that the company now has more capacity than current transport demand. The dynamics of the market are such that something has to give.

Cost Reduction Strategies 52

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Supply Chain Matters

JULY 25, 2022

Previous global materials sourcing and just-in-time driven inventory management policies were laid bear with the realization that supply risk was a more problematic and business critical dimension. The augmented inventory approaches, although troublesome and concerning, are a likely tactical manifestation of risk mitigation.

Sourcing Strategies 59

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Supply Chain Matters

OCTOBER 4, 2022

Morgan indicated: “ The global manufacturing PMI saw output and new orders lost further ground in September, suggesting that global industrial production is slipping into recession. The orders-to-inventory ratio fell to another multi-year low last month as excess capacity continued to build at factories.

Manufacturing Procurement 52

Manufacturing Procurement Global Manufacturing Trends 52

Supply Chain Matters

SEPTEMBER 6, 2022

We also concluded that there would not be a peak shipping season this year because of both muted production levels as well as the high levels on inventory that exist in warehouses across the globe, and especially across the United States.

Report 52

Report Global Scenario Planning Forecasting 52

Supply Chain Network

APRIL 3, 2012

To achieve full efficiency, the supply chain needs secure, accurate and timely data on the inventory status and condition of its products. In the majority of today’s cold-chain operations, data from condition monitoring is either nonexistent or requires hours or days to procure – making it inactionable.

Supply Chain Design Software 92

Supply Chain Design Software Demand Planning Software Supply Chain Network Software Modeling Software 92

CH Robinson Transportfolio

JANUARY 8, 2016

In my opinion, there will be more than one way to procure capacity, rates, and services for the 2016-2017 season. Moving and planning inventories on both fixed and spot—or even pegging rates to an index—are options.

Supply Chain Planning 34

Supply Chain Planning Panama Scenario Planning Price Reduction 34

Logistics Viewpoints

OCTOBER 5, 2021

As transportation management solutions automate the processes of procuring carriers, planning truckloads and determining optimal routes, the result is a huge productivity boost. US President Joe Biden recently announced a goal of cutting greenhouse gas emissions in the country by up to 52% by 2030, compared to 2005 baseline levels.

Logistics Network Optimization Software 233

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Supply Chain Matters

OCTOBER 3, 2024

manufacturing and procurement activity levels, namely the ISM Report on Business Manufacturing PMI , and the S&P Global U.S. Finally, there is the Q4 holiday fulfillment quarter, with much of the inventory needs brought in earlier as a hedge to the U.S. United States The two followed indices of U.S. East Coast labor strike.

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Manufacturing Global 52

CH Robinson Transportfolio

AUGUST 14, 2019

As many shippers front-loaded inventory in the second half of 2018—especially the fourth quarter—to avoid potential tariff increases, the market saw drastic volume increases beyond what we’ve come to expect from years’ past. Higher inventories to avoid tariffs. Procure enough capacity.

Forecasting 34

Forecasting Panama South Korea United States 34

BlueYonder

NOVEMBER 11, 2021

As transportation management solutions automate the processes of procuring carriers, planning truckloads and determining optimal routes, the result is a huge productivity boost. President Joe Biden recently announced a goal of cutting greenhouse gas emissions in the country by up to 52% by 2030, compared to 2005 baseline levels.

Optimal Sourcing 52

Optimal Sourcing Logistics Network Optimization Software Waste Reduction Inventory Reduction 52

GlobalTranz

APRIL 3, 2018

This newfound visibility allows participants in a supply chain to proactively optimize components of their processes (like inventory management, staffing decisions, and a thousand more) to support an efficient and agile product path. Outcomes: reduction in delays/human error in paperwork, visibility into procurement, international compliance.

Supply and Demand 196

Supply and Demand Supply Chain Planning Software Supply Chain Software Optimal Sourcing 196

CH Robinson Transportfolio

AUGUST 28, 2018

And, certainly, some shippers have already started repositioning their inventory in case the tariffs actually happen. In terms of options, ensure you have procured enough capacity with your service provider(s), and that if you have been showing up with your cargo each week, as per your MQC, that you will continue to be protected on your MQC.

Shipping 34

Shipping Capacity Cargo Freight 34

Supply Chain Matters

JANUARY 19, 2024

Shipping Executives Anticipate Longer Disruption According to a published report from Bloomberg this week , the CEO’s of two global transport carriers indicated that the Red Sea threat is likely to disrupt shipping for weeks or months longer. Vincent Clerc, the CEO of shipping conglomerate A.P. Some European and U.S.

Shipping 52

Shipping Transportation Supply Chain Planning Software Scenario Planning 52