GlobalTranz

FEBRUARY 18, 2022

In this post, we’ll do a deep dive into less-than-truckload (LTL) industry trends to watch for 2022, and highlight actions that shippers should consider to guide their strategy throughout the year. LTL Industry Macro Trends. Three Factors Shaping the LTL Industry.

Trends 227

Trends Resource Reduction Cost Reduction Strategies Inventory Reduction 227

Logistics Viewpoints

DECEMBER 14, 2022

This article is from Zheyuan Du at Kinaxis and discusses unconventional solutions to excess inventory challenges. According to recent statistical data, vacancy rates for industrial real estate across North America have been declining since 2020 and reached an all-time low in the third quarter of 2022.

Inventory Management Software 223

Inventory Management Software Inventory Management Inventory Reduction Inventory 223

Logistics Viewpoints

AUGUST 9, 2022

Just last year many were chartering their own cargo ships to get all these goods to their destinations.) While consumers may see some short-term benefit in the form of discounted goods, many retailers have had to reset investor expectations , reflecting the expected hit on margins from carrying so much inventory.

Inventory Management Software 246

Inventory Management Software Inventory Management Inventory Reduction Supply Chain Planning Software 246

Logistics Viewpoints

OCTOBER 20, 2021

In our conversation, Ken spoke about some of the findings from a recent survey Logistyx conducted on cross-border holiday spending, as well as some larger trends around the state of parcel shipping. Fourth, what are some industry-specific trends for parcel shipping? The State of Parcel Shipping. Industry Trends.

Supply Chain Network Software 212

Supply Chain Network Software Logistics Network Optimization Software Demand Planning Software Supply Chain Software 212

ToolsGroup

OCTOBER 14, 2024

In the competitive industrial landscape, efficient spare parts inventory management is crucial to maintaining seamless operations and driving profitability. Service level plays a pivotal role in the aftermarket industry, directly impacting customer satisfaction and loyalty.

Inventory Reduction 156

Inventory Reduction Negotiating Skills Optimal Sourcing Cost Reduction Strategies 156

Freightos

JUNE 15, 2021

You’ve seen the Suez Canal memes, you know furniture is taking way longer than usual to get to your door, and you may have even heard about Pelotons shipped by air to reduce delivery times. While the cure for COVID is well on its way, there is no vaccine for what’s afflicting container shipping. Credit: Lufthansa ). But that’s changed.

Global 411

Global Supply Chain Price Reduction Supply and Demand 411

Logility

MAY 3, 2021

There’s an obvious day-to-day operational gap left by S&OP; you still need a way to deal with short-term issues for things like production, shipping, and equipment. This offers instant insight into the impact on revenue, manufacturing capacity, and inventory levels. S&OE Bridges the Gap. Designing an S&OE Process.

Inventory Reduction 246

Inventory Reduction Cost Reduction Strategies Resource Reduction Sourcing Strategies 246

Supply Chain Shaman

DECEMBER 30, 2021

Global shipping is national news with most stories covering the symptoms. When the supply chain is sick, all industries suffer. Since 1990, the size of ships increased 3X, but the design of the west coast ports remained largely unchanged. meters, to accommodate ships with 20 rows of containers) and 15.2

Supply Chain Design Software 438

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 438

Logistics Viewpoints

MAY 25, 2021

In many organizations, freight shipping has become static: companies use air cargo because that’s what they’ve always done. Reducing empty miles from the supply chain will help drive down the $1 trillion in waste throughout the global supply chain and help make the industry more green. In the U.S.,

Supply Chain Planning Software 337

Supply Chain Planning Software Sustainability Supply Chain Software Inventory Reduction 337

ToolsGroup

APRIL 4, 2023

By land, by air, by sea – transit organizations know the competition is fierce for retaining customer loyalty, requiring inventory management strategies that balance consumer needs with sustainability initiatives and business goals. In other cases, such as cruise ships, the ship is the warehouse.

Inventory Reduction 156

Inventory Reduction Waste Reduction Material Savings Cost Reduction Strategies 156

ToolsGroup

JULY 13, 2023

Trying to manage an effective ship-from-store program only exasperates this issue. A significant addition to our Inventory Hub® product, Dynamic Fulfillment leverages advanced optimization logic to determine what to ship, from where, in real-time, to reduce shipping costs, improve margins, and satisfy empowered customers.

Optimal Sourcing 291

Optimal Sourcing ToolsGroup Optimization Software Network Optimization 291

Supply Chain Shaman

DECEMBER 28, 2020

Only four percent of companies compared to their peer groups improved balance sheet performance of growth, operating margin, and inventory turns. When compared to pre-recession years, we ended the decade with twenty more days of inventory. Days of Inventory Comparison. Now, let’s take consumer products. What can we learn?

Supply Chain Planning Software 418

Supply Chain Planning Software Forecasting Forecasting Software Modeling 418

Logistics Viewpoints

JANUARY 26, 2024

The Amazon Industrial Innovation Fund, which launched in April 2022, is still intent on finding and investing in startups that can help the e-commerce giant deliver goods faster, while improving the experience of customers as well as the employees who work in its warehouses and logistics departments. And now on to this week’s logistics news.

Logistics Network Optimization Software 270

Logistics Network Optimization Software Logistics Panama California 270

Logistics Viewpoints

SEPTEMBER 28, 2021

If you’re Home Depot, you reserve an entire ship for your own exclusive use. Until we have this kind of pervasive visibility, inventory management will continue to be largely an exercise in futility. In light of all of this, I’d posit we can no longer look at the events of the last year as an aberration. And at the cross-dock.

Rail Software 210

Rail Software Real-time Visibility Supply Chain Planning Software Supply Chain Design Software 210

DELMIA Quintiq

AUGUST 7, 2023

Industrial equipment manufacturers today are operating in an increasingly complex and ever-evolving landscape. Furthermore, the manufacturing workforce gap is a growing concern across all industries. Furthermore, the manufacturing workforce gap is a growing concern across all industries. In this sector.

Material Savings 156

Material Savings Agile and Lean Supply Chain Manufacturing Procurement Inventory Reduction 156

ToolsGroup

SEPTEMBER 4, 2024

In the fast-paced world of retail, every decision counts—especially those related to inventory management. Stockouts are one of the most direct and visible consequences of poor inventory management. The global retail industry loses an estimated $1.75 The answer lies in real-time inventory rebalancing powered by AI.

Inventory Management Software 156

Inventory Management Software Inventory Reduction Cost Reduction Strategies Inventory Management 156

Freightos

FEBRUARY 28, 2022

Conversely in 2021 when rates were sky high, suddenly companies that had negotiated fixed rates couldn’t get their cargo on the ship without paying an extra premium surcharge. We refined our data, limiting it to actual pricing used by logistics service providers to ship containers, to ensure validity. But seriously, what does it mean?

Negotiating Skills 177

Negotiating Skills Shipping Price Reduction Supply Chain Planning 177

ToolsGroup

OCTOBER 25, 2022

More than ever, seasonal inventory needs to be carefully accounted for during the demand forecasting and inventory planning process , ensuring right-sized inventory that can meet customer expectations while limiting the spend and use of working capital. Benefits of Effective Seasonal Inventory Management.

Inventory Reduction 156

Inventory Reduction Inventory Optimal Sourcing Supply and Demand 156

Freightos

JULY 24, 2024

Early Peak Season Shipping and Its Implications The survey revealed that nearly half (46%) of small and medium-sized business (SMB) shippers began increasing their importing activity earlier than usual, starting in May and June instead of the typical July. The survey aimed to explore the impact of these changes on their operations.

Price Reduction 308

Price Reduction Supply Chain Strategy Cost Reduction Strategies Resource Reduction 308

ToolsGroup

JULY 19, 2023

With the advent of true “single source of truth” inventory visibility , a digital twin is a more feasible goal than ever before. In short, they help users make better decisions, much faster, resulting in improved financial performance, inventory efficiency, and customer satisfaction. Get the insights you need.

Real-time Visibility 295

Real-time Visibility Supply Chain Planning Software Modeling Scenario Planning 295

Supply Chain Shaman

JANUARY 2, 2023

I find that in the industry, sometimes the basics get lost. While the term demand sensing is used with abandonment in the industry (often over-used), it is seldom clearly defined. In a ship-from model, the locations are supply-centric by design. In a ship-to model, the locations in the model are channel-centric.

Supply and Demand 373

Supply and Demand Modeling Demand Planning Supply Chain Planning Software 373

Supply Chain Shaman

OCTOBER 5, 2021

Let’s Start With a Discussion on Inventory. When we look at table 1, we see burgeoning inventories in some industries and extreme shortages in others. We are not good at inventory management. Inventory Levels Over the Quarters of the Pandemic. Companies struggle to have the right inventories.

Supply Chain Planning Software 261

Supply Chain Planning Software Supply Chain Design Software Modeling Optimal Sourcing 261

ToolsGroup

OCTOBER 10, 2022

Like most industries, manufacturers around the world are feeling the pinch of inventory disruption brought on by shortages and other supply chain challenges. The need for better inventory control is critical for companies who want to deliver for customers and maximize profits, despite market volatility and disruption.

Inventory Reduction 156

Inventory Reduction Cost Reduction Strategies Sourcing Strategies Material Savings 156

Logistics Viewpoints

NOVEMBER 18, 2024

Schneider Electric provides energy management and industrial and building automation products and services. They also produce industrial automation solutions that allow factories to monitor and control production. These facilities produce and ship 150,000 order lines per day. billion Euros in revenues in fiscal 2023.

Supply Chain Design Software 239

Supply Chain Design Software Supply Chain Design Supply Chain Software Supply Chain Planning Software 239

Supply Chain Shaman

SEPTEMBER 5, 2022

Inventory Is an Egregious Symptom of Supply Chains Gone Wrong. Today, inventory fire sales abound. Headline news included Wal-Mart, Target, Kohl’s and Macy’s struggling with inventory bloat and offering deep discounts. Wall Street Journal Headline on Retailers Using Containers to Store Excess Inventories. My take away?

Supply Chain Planning Software 243

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Supply Chain Strategy 243

Supply Chain Shaman

NOVEMBER 15, 2021

Self-reported projections of the ocean carriers forecast that the industry is posting over $200B in profits. Yes, a single year offsets twenty years of poor margins for a struggling industry. Maersk, the world’s largest container shipping company, reported its best quarter in 117 years, posting a $5.9B in sales.

Supply Chain Design Software 285

Supply Chain Design Software Supply Chain Planning Software Sourcing Strategies Supply and Demand 285

The Logistics & Supply Chain Management Society

FEBRUARY 15, 2021

Technology can have a significant impact on supply chains, but supply chain digitization still lags behind digitization of other areas of business across many industries. For example, companies can track products throughout the entire lifecycle with RFID and GPS sensors. Artificial Intelligence AND Machine Learning.

Supply Chain Planning Software 298

Supply Chain Planning Software Supply Chain Software Prescriptive Analytics Software Predictive Analytics Software 298

Logistics Viewpoints

NOVEMBER 20, 2023

Flow paths can include buying online/ship from store; buy online/pickup at store, shop at store/have item shipped from a different store, and many other options as well. The need for new omnichannel capabilities – particularly curb pick-up and ship-from-store – soared. Shipping from the store, and 5.

Omnichannel 264

Omnichannel Retail Cost Reduction Strategies Expense Reduction 264

Supply Chain Shaman

FEBRUARY 26, 2024

Based on the work with Georgia Tech, we are getting clear on which metrics matter by industry. They implemented a simple planning technology with an outside-in channel-centric model (Ship to model definition). The implementation of NoSQL for inventory management gives them an inventory signal with little to no process latency.

Modeling 207

Modeling Supply and Demand Optimal Sourcing Supply Chain Planning Software 207

Supply Chain Shaman

DECEMBER 7, 2023

I am currently doing research on inventory management. In the research, I ask inventory planners to define resilience. Of the twenty companies interviewed, only one can answer the question, “Do you have a good inventory plan?” No technology in the market measures inventory health. Today, this is not the case.

Supply Chain Design Software 316

Supply Chain Design Software Supply Chain Planning Software Modeling Supply Chain Software 316

Logistics Viewpoints

DECEMBER 12, 2022

Jeff Baker, Vice President of Shared Services at Myers Industries. Myers Industries Implements John Galt Solutions. Myers Industries (NYSE: MYE) is headquartered in Akron, Ohio in the United States. Myers Industries ended up selecting the Atlas Planning Platform from John Galt Solutions.

Supply Chain Planning Software 228

Supply Chain Planning Software Supply Chain Planning Procurement Solutions Scenario Planning 228

Logistics Viewpoints

JANUARY 22, 2024

The detentions have occurred across a variety of industries. But electronics; industrial and manufactured; and apparel, footwear, and textiles make up the bulk of products detained. They can also order online and have goods shipped to their home. Historically, an OOM has access to all the company’s inventory.

Supply Chain Optimization 272

Supply Chain Optimization Modeling Supply Chain Software Optimization Software 272

The Logistics of Logistics

OCTOBER 29, 2024

As Josh and his partner scaled Launch Fulfillment , they encountered some cash flow issues inherent in high volume parcel shipping that their ecommerce customers required. By improving how 3PLs operate, Joshua aims to create lasting change within the industry, raising the standard for fulfillment services across the board.

Logistics Network Optimization Software 187

Logistics Network Optimization Software United Kingdom Supply Chain Software 3PL 187

Logistics Viewpoints

OCTOBER 18, 2024

Sellercloud serves small to mid-sized retailers, wholesalers, and manufacturers with inventory and order management systems (IMS/OMS) that help manage and synchronize inventory across multiple sales channels, while also facilitating order fulfillment. Do You Think Fedex Ships Live Pandas?

Price Reduction 239

Price Reduction Inventory Reduction Cost Reduction Strategies Supply Chain Planning Software 239

Logistics Viewpoints

NOVEMBER 27, 2024

This layer includes trucks, ships, warehouses, and other physical assets. Key Consideration: IoT sensors on shipping containers or pallets enable real-time tracking, ensuring visibility and coordination. For example, coordinating inventory management systems with demand forecasting tools. •

Modeling Software 272

Modeling Software Supply Chain Planning Software Modeling Supply Chain Design Software 272

BlueYonder

SEPTEMBER 26, 2024

From industry consolidation to shifting trade routes, workforce shortages to sustainability demands, LSPs must adapt quickly. Trend 1: Industry consolidation The logistics industry is experiencing a wave of consolidation. Companies like Maersk are committing to carbon-neutral fuels like green methanol for their shipping fleets.

Logistics Network Optimization Software 128

Logistics Network Optimization Software Optimization Software Supply Chain Planning Software Analytics Software 128

Logistics Viewpoints

MAY 26, 2023

Target’s inventories at the end of the last quarter were 16 percent lower than the same period a year ago and Walmart cut inventories in its U.S. Inventories at U.S. Some major ocean carriers have also announced new fees for goods shipped on the route as of June 1 in response to the canal restrictions.

Negotiating Skills 233

Negotiating Skills Pricing Training Jordan Purchasing Training 233