Logistics Viewpoints

MAY 26, 2023

And now on to this week’s logistics news. 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. general merchandise stores expanded 1.2

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Logistics Viewpoints

OCTOBER 7, 2022

For those unaware of the term, shrink is an accounting term used to describe when a store has fewer items in stock than in its recorded book inventory. Earlier this week, I read a sobering report from the national Retail Federation (NRF) regarding shrink. The truck driver shortage continues to be a hurdle for the industry.

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Logility

MAY 17, 2022

Let’s take a look an “index of indexes” recently devised by The Federal Reserve Bank of New York. It starts with defining “feasible” and establishing clarity of roles so the ‘top floor’ and the ‘shop floor’ are synchronized; Focusing on the form and function of inventory to maximize the utility of the buffer.

Scenario Planning 173

Scenario Planning Modeling Supply Chain Planning Software Optimal Sourcing 173

Logistics Viewpoints

JANUARY 25, 2023

A crowd of nearly 37,000 people flocked to the Javits Center in New York City to see what new solutions and innovations software suppliers had in store for 2023 and beyond. Manhattan is putting RFID in the store at the item level for improved inventory accuracy. A robust TMS is required for this dynamic routing.

Supply Chain Planning Software 234

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Logistics Viewpoints

OCTOBER 29, 2021

Gopuff arrives in New York. In a blog post, Amazon said a combination of planes, trucks, ships, and delivery vans, along with staffed-up warehouses, has put it in a good position to “get customers what they want, when they want it, wherever they are this holiday season.” In 2021, UPS has earned $8.9

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Intelligent Audit

DECEMBER 29, 2021

Understanding the state of holiday shipping and learnings for the next peak season means realizing that rates are always going to jump-start near Halloween. Any conversation about the state of holiday shipping would be incomplete without discussing ocean freight congestion and shortages. Ocean Freight Shortages Abound.

Shipping 52

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ToolsGroup

APRIL 1, 2022

Increased Shipping Costs, Delays, and Transportation Issues. Dealing with the Shipping Container Crisis. Such measures include communicating with suppliers and customers , using demand shaping to overcome inventory shortages, seeking additional suppliers, and building more onshore facilities. Famous Pacific Shipping Group ).

Material Savings 207

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The Logistics of Logistics

JULY 27, 2019

I grew up in a Monsey, New York, a small town in Rockland County. My first job was working as a customer service representative for a bulk candy company that had an online store and 4 retail locations in New York. open a new service offering, Fulfillment by Amazon within Tactical. [06:41] I had two goals: 1.)

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Enterra Insights

JANUARY 14, 2020

.”[1] The Parcel Pending staff continues, “For retailers that have both an online and physical storefront, BOPIS is simply an additional shipping option that appears at online checkout. The second scenario is when an item is not in stock at a local store, but a customer still chooses to have the item shipped to that store.

Omnichannel 100

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6 River Systems

MARCH 19, 2020

And this made sense when warehouses were truly pass-through for inventory. It used to be that you would source, manufacture, store, send to a store and then the consumer would access that inventory. Now it’s possible to drop ship directly from the factory floor or fulfill an order directly from a warehouse.

Inventory Reduction 52

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Supply Chain Matters

APRIL 7, 2022

Global Shipping. The World Container Index , assessed by Drewy Consultants, is a compilation of eight major shipping routes to and from the United States , Europe and Asia. For the specific routing of Shanghai to New York , the index was $11, 531, reflecting a six percent decline. . Shipping Transit Timeliness.

Global Transportation 52

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Unleashed

APRIL 11, 2024

Consider offering volume discounts and free shipping incentives to lift AOV. Inventory and marketing costs can be insidious parasites, gnawing at your margins. If dead stock is consuming vital inventory space in your warehouse try bundling your slowest-moving items with best-sellers. Get tactical with your sales strategy.

Waste Reduction 52

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The UCLA Anderson Global Supply Chain Blog

AUGUST 11, 2017

Luxottica maintains a warehouse in Atlanta and ships roughly 470k units of inventory each week - 300k to retail locations and 170k as wholesale to independent opticians and department stores. Warby Parker maintains a warehouse in New York, through which it fulfills orders and operates its HTO program.

Manufacturing Procurement 112

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Supply Chain Matters

AUGUST 8, 2022

According to the July 2022 Global Supply Chain Pressure Index (GSPI) , compiled and published by the Federal Reserve Bank of New York , overall pressures reportedly declined once again in July. Warehousing and Inventory metrics continue to buoy the logistics sector. Global Supply Chain Pressure Index.

Procurement Analytics 52

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Kinaxis

FEBRUARY 8, 2016

The Port of New York and New Jersey was hit hard, and they “had about 24 hours’ notice before Sandy hit,” she said. In a crisis like this, Azadegan says “jobs, inventory, and profits are at stake, and beyond that, suppliers, customers, communities, and families of employees etc. Strauss-Weider Inc.,

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Enterra Insights

NOVEMBER 27, 2020

Journalists Jordyn Holman ( @JordynJournals ), Kim Bhasin ( @KimBhasin ), and Katherine Doherty ( @KatLeighDoherty ) explain, “The holiday playbook of opening stores right after family Thanksgiving feasts, lining the weekend with doorbuster sales, and cramming shops with inventory and workers has been thrown out the window.”[3]

Philadelphia 100

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QAD

MAY 23, 2023

It’s easy to forget about where materials come from when you’re holding a product in your hand or looking for a supplier that can offer a great deal and reliable shipping, but many of those items come with ESG implications. The International Labor Organization reports that 27.6

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BlueYonder

OCTOBER 29, 2021

ports have expanded their working hours, almost 200,000 shipping containers , with cargo worth more than USD 25 billion, remain on ships off the coast of Los Angeles as retailers scramble to ensure store shelves are stocked in time for the holiday season. While some critical U.S. To learn more watch LCT in action.

Real-time Visibility 61

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Enterra Insights

OCTOBER 1, 2021

.”[1] And many consumers realize their gift selection could be limited to items currently found on store shelves or currently available in online retailer inventory. Typically, the peak shipping season is August, September, October, when the bulk of those products come in. .”[6] That takes time.” 8] Time will tell.

Retail 130

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Talking Logistics

OCTOBER 10, 2014

across from the Empire State Building in Midtown [and on the same busy street as Macy’s flagship store], would function as a mini warehouse, with limited inventory for same-day delivery within New York, product returns and exchanges, and pickups of online orders. store franchises would also serve as pickup points from January.

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Enterra Insights

NOVEMBER 25, 2022

.” Nevertheless, he reports, “For all the talk of a supply chain meltdown, the season brought strong sales, and hefty profits for many despite spiraling freight and supply chain costs, thanks to higher prices and fewer discounts in an inventory-constrained environment.” ” Footnotes. [1]

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Vanguard Software

JULY 2, 2021

The Latest Supply Chain News. The New York Times – The Specter of Inflation: Is it haunting the U.S. The Wall Street Journal – Chinese Port Logjam Threatens Christmas Shipping Rush. More Supply Chain News. economy? . And when demand outpaces supply, prices rise.

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American Global Logistics

DECEMBER 7, 2022

We had a hangover from the pandemic: Which led to continued inventory shortages, closures of manufacturing plants in China, congested ports, and underemployment. Likewise, ships could not sail into or out of Russia and Ukraine. This was evident with the creation of a new report from the New York Federal Reserve.

Russia 52

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EMERGE App

OCTOBER 25, 2018

Inventory costing or valuation is an accounting concept that has a direct impact on your gross profit and thus taxable income. Methods of valuing inventory are simply different cost-flow assumptions about how to allocate your cost of goods available for sale. We’ll start by explaining why inventory costing is important.

Purchasing Skills 58

Purchasing Skills Inventory Procurement Solutions Procurement Analytics 58

Enterra Insights

JANUARY 21, 2022

” As I understand his statement, he is applauding retailers’ selling efforts in the midst of a pandemic, inventory shortages, and rising inflation. Logjams characterized supply chain woes leading up to the holidays, which resulted in many products ending up stuck on ships or in ports waiting to be offloaded. Job well done.

Price Reduction 130

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Logility

APRIL 13, 2022

The ventilator shortage was a stunning example of the finely tuned intricacy of global supply chains, as noted in The New York Times back in March 2020: “…the machines are complicated, made up of hundreds of smaller parts produced by companies all over the world. For example, Why is it so hard to find a new car?

Sustainability 134

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Unleashed

APRIL 2, 2024

Initially, we handled all shipping in-house, which quickly became unsustainable as our customer base expanded. What are the biggest challenges you’ve faced while growing Frostbeard Studio? One of the toughest challenges we encountered was managing logistics as our business grew.

Cost Reduction Strategies 52

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The UCLA Anderson Global Supply Chain Blog

AUGUST 11, 2017

Luxottica maintains a warehouse in Atlanta and ships roughly 470k units of inventory each week - 300k to retail locations and 170k as wholesale to independent opticians and department stores. Warby Parker maintains a warehouse in New York, through which it fulfills orders and operates its HTO program.

Manufacturing Procurement 60

Manufacturing Procurement Sourcing Strategies Inventory Reduction Supply Chain Design Software 60

Elementum

AUGUST 8, 2018

Many of the new technologies being introduced into supply chain are particularly relevant to logistics. Amazon now uses drones for shipping. Earlier this year, Amazon announced its own shipping line, Shipping With Amazon (SWA). For now, Parcel only covers the New York area.

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Supply Chain Matters

APRIL 1, 2022

Frequent readers of the Supply Chain Matters blog may recall one metaphor that this Editor has invoked over the past three years – the Eagle ’s tune, In a New York Minute ( Everything Can Change ). Friedman went on to articulate that transit times to move inventory from Asia to the U.S.

Negotiating Skills 52

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Requis

JULY 14, 2020

Brian describes himself as “obsessively enthusiastic” about supply chain, and has helped many supply chain professionals connect and find synergies as the co-founder and organizer of the New York Supply Chain Meet Up and the Worldwide Supply Chain Federation. I did an update on that piece in 2017, and then did a deep dive on shipping.

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Vanguard Software

JUNE 18, 2021

The Latest Supply Chain News. June 12, 2021 – Cargo ships stacked up at the ports of Los Angeles and Long Beach. Inventories of lumber, aluminum cans, tires, cardboard and plastic all running low. The New York Times – The pandemic boom in bicycles is a boon to Portugal’s manufacturers.

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Logistics Viewpoints

FEBRUARY 8, 2023

As a quick recap, a crowd of nearly 37,000 people flocked to the Javits Center in New York City to see what new solutions and innovations software suppliers had in store for 2023 and beyond. Instead, the returns are aggregated across merchants and shipped together to a Return Hub.

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Enterra Insights

APRIL 13, 2023

This may include in-store or curbside pickup of online orders (also called click-and-collect, or BOPIS) or shipping from stores.” ” The New York Times, 31 January 2023. [2] ” McKinsey & Company analysts suggest ten step retailers can take in order to shock-proof their supply chains.[6]

Retail 130

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Vanguard Software

JUNE 4, 2021

The Latest Supply Chain News. The New York Times – How the World Ran Out of Everything. June 1, 2021 – Global shortages of many goods reflect the disruption of the pandemic combined with decades of companies limiting their inventories. News – Shortage of shipping pallets could disrupt supply chain.

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ShipBob

DECEMBER 23, 2020

I n response, many physical retailers, from small to enterprise businesses, opted into what is known as a “dark stores” to offer more of their products online and using their retail space to store a large amount of inventory, fulfill orders, and provide more options such as fast delivery and same-day pickup.

Optimization Software 64

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Supply Chain Shaman

JANUARY 21, 2014

Companies are stuck at the intersection of inventory turns and operating margin. To become demand driven (or market driven), they need to learn how to speak a new language. Tonight, I am stuck at a New York airport in a snow storm. Slowly the words take definition in everyday speech. Growth has slowed. Independent Demand.

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