Logistics Viewpoints

JUNE 12, 2024

Autonomous supply chains can help businesses by enabling faster and more accurate demand forecasting, optimizing inventory levels and distribution networks, automating warehouse and delivery operations, and enhancing customer service and satisfaction. Degree two: Remotely controlled ship with seafarers on board.

Supply Chain Planning Software 272

Supply Chain Planning Software Supply Chain Software Shipping Supply Chain Optimization 272

Logistics Viewpoints

DECEMBER 14, 2022

This article is from Zheyuan Du at Kinaxis and discusses unconventional solutions to excess inventory challenges. As a result, inventory managers have to explore new ways to cope with full warehouses. Unconventional solutions to excess inventory challenges. The answer goes beyond standard inventory management.

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

GlobalTranz

NOVEMBER 17, 2021

The long and unpredictable peak shipping season continues to challenge supply chains. A 2021 Peak Shipping Season survey conducted by Edelman Intelligence found hiring to be a strong concern among supply chain decision makers with 90% having a strong need to increase hiring to account for peak season and beyond. Higher freight volumes.

Shipping 232

Shipping Cost Reduction Strategies Industrial Industry 232

ToolsGroup

OCTOBER 14, 2024

In the competitive industrial landscape, efficient spare parts inventory management is crucial to maintaining seamless operations and driving profitability. Organizations require robust inventory management systems capable of handling diverse parts throughout their lifecycle.

Inventory Reduction 156

Inventory Reduction Negotiating Skills Optimal Sourcing Cost Reduction Strategies 156

ToolsGroup

OCTOBER 17, 2024

Are you making the fatal mistake of underestimating the importance of inventory rebalancing? Many retailers treat inventory management as a mundane task rather than a strategic lever for success. It’s about strategically adjusting your inventory levels across locations and products in response to real-time customer demand.

Inventory Reduction 156

Inventory Reduction Cost Reduction Strategies Expense Reduction Resource Reduction 156

Supply Chain Shaman

DECEMBER 30, 2021

Global shipping is national news with most stories covering the symptoms. 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 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

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. But that’s changed. Logistics is global.

Global 411

Global Supply Chain Price Reduction Supply and Demand 411

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

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. This eliminates repositioning empty boxes – quite literally, shipping air. For retailers, supply chain sustainability is part of the conversation about inventory.

Supply Chain Planning Software 337

Supply Chain Planning Software Sustainability Supply Chain Software Inventory Reduction 337

Logistics Viewpoints

JUNE 13, 2022

But the inventory planning systems that forecast where inventory will be needed are not. Walgreen is intrigued by functionality that better integrates inventory planning with order fulfillment. Over time, this functionality will improve inventory placement to support omnicommerce. No forecast is perfect.

Supply Chain Planning Software 324

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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. While it might seem safer to have too much stock than too little, the hidden costs of excess inventory can add up quickly.

Inventory Management Software 156

Inventory Management Software Inventory Reduction Cost Reduction Strategies Inventory Management 156

Logistics Viewpoints

JANUARY 1, 2024

They can also order online and have goods shipped to their home. Historically, an OOM has access to all the company’s inventory. The system allocated which orders would get inventory from a given location to fulfill an order. Most retailers don’t use scanners to keep their in-store inventory accurate. However, Ms.

Omnichannel 248

Omnichannel Modeling Optimization Software Optimization Modeling 248

Logistics Viewpoints

JANUARY 21, 2021

Incorporate changing business conditions: Machine learning can automatically account for changing business conditions, including new ship-to locations and changes in service provider’s performance level. It can minimize the number of actual delayed shipments by making better planning decisions upfront before the orders are shipped.

Predictive Analytics Software 358

Predictive Analytics Software Logistics Network Optimization Software Modeling Inventory Reduction 358

Logistics Viewpoints

JANUARY 26, 2024

Retailers are reviving an old playbook to manage their inventory levels after four years of struggling to find the sweet spot of holding enough merchandise but not too much. Global shipping prices are continuing to rise as Houthi rebels keep up attacks on cargo vessels in and around the Red Sea. East Coast. 18 to $3,860.

Logistics Network Optimization Software 270

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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

Logistics Viewpoints

FEBRUARY 23, 2022

Specifically, there were spikes in demand, and even though there was a lot of inventory available, the demand was surging. Then we moved into a phase where we had stationary, stale, and suspended inventory because we couldn’t get to it; retail stores and distribution centers were closed, and seasonal inventory was very challenged.

Supply Chain Design Software 299

Supply Chain Design Software Supply Chain Software Sustainability Trends 299

Logistics Viewpoints

JUNE 19, 2023

However, AI’s inability to solve the very limited problem of ensuring that inventory is located in the right place in a warehouse suggests that planners don’t have to worry too much about job security. For fulfillment to be efficient, a warehouse needs the right inventory located in the right slots in a warehouse.

Supply Chain Design Software 261

Supply Chain Design Software Supply Chain Planning Software Supply Chain Network Software Optimization Software 261

Arkieva

OCTOBER 3, 2023

Navigating the Pitfalls of Expedited Shipping was first posted on October 3, 2023 at 7:58 am. In the dynamic supply chain management landscape, one of the most challenging aspects is dealing with the differences between our forecasts and reality.

Shipping 158

Shipping Forecasting Supply Chain Planning Supply and Demand 158

Logistics Viewpoints

OCTOBER 6, 2021

The economy is picking up after the severe contraction in labor, productivity, and inventory that occurred during the height of the pandemic. Inventory, Efficiency, and the Extended Supply Chain. But the US ratio of total business inventories to sales is hovering at a 25-year low.

Supply Chain Disruption 244

Supply Chain Disruption Agile and Lean Supply Chain Supply and Demand Supply Chain 244

Supply Chain Shaman

NOVEMBER 21, 2023

The warehouse I ran just completed a consolidation of three shipping centers. So, I was always struggling on a daily basis to establish a feasible plan to ship 180 trucks out of 22 doors in a twenty-four-hour operation. In the early 1980s, As a result, we did not have a perpetual inventory signal. The metrics were not aligned.

Supply Chain Planning Software 339

Supply Chain Planning Software Inventory Reduction Supply Chain Design Software Cost Reduction Strategies 339

Freightos

JUNE 6, 2023

This was terrible news for a company now on the hook to ship to kids who were suddenly cooped up and hankering for a fort. Businesses quickly began to notice a different beast: a significant decrease in consumer demand compounded by looming inventory excesses. This trend was a while in coming. to 0.85 (Source: ShipBob ).

Manufacturing Procurement 328

Manufacturing Procurement Optimal Sourcing Inventory Reduction Supply and Demand 328

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

Supply Chain Shaman

FEBRUARY 26, 2024

The company aligns channel requirements with available donors and successfully drives bi-directional orchestration programs to manage the reverse bill of materials (red cells and plasma) and demand-shaping campaigns to drive the right donors to the blood drives based on inventory levels. Analyze inventory health.

Modeling 207

Modeling Supply and Demand Optimal Sourcing Supply Chain Planning Software 207

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

Logistics Viewpoints

JANUARY 12, 2024

Amazon shipped last-minute Christmas gifts faster in 2023 than in 2022, according to data from analyst firm Momentum Commerce. products on the platform warned it would ship after Christmas. products on the platform warned it would ship after Christmas. DHL Group does not operate ships but it uses them to transport containers.

Logistics Network Optimization Software 291

Logistics Network Optimization Software Price Reduction Inventory Reduction Resource Reduction 291

Logistics Viewpoints

JUNE 16, 2022

Step One: Right Inventory in the Right Location. To provide this service, inventory must be close to the customer therefore stores are fast becoming a key part of the digital experience. Inventory will be held at third parties, sold through marketplaces or drop-shipped. Step Two: Enhance the Shopper Experience.

Forecasting 313

Forecasting Inventory Reduction Retail Survey 313

Supply Chain Shaman

JANUARY 2, 2023

While retailers use the forecast for inventory management and assortment planning, a manufacturer uses the forecast not only to manage inventory but also to align manufacturing capacities to manage constraints. In a ship-from model, the locations are supply-centric by design. This type of model is shown as purple in Figure 4.)

Supply and Demand 373

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Logistics Viewpoints

JANUARY 23, 2024

The company can connect all aspects of the execution process, including labor cost and capacity, warehouse capacity, and shipping, and then integrating all of this data into their data cloud platform for a holistic view of OMS, TMS, and WMS. The ongoing issues in the Red Sea are wreaking havoc on ocean shipping.

Supply Chain Planning Software 246

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Modeling 246

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

FEBRUARY 28, 2023

It is making use of inventory that is the easiest/fastest to get to the customer, no matter through which channel the order was placed. Numerous supply chain disruptions affected the ability to get inventory in time – or at all – and now that the backlog caught up, many organizations are experiencing a surplus of inventory.

Optimal Sourcing 227

Optimal Sourcing Sourcing Strategies Inventory Reduction Vendor Strategies 227

Logistics Viewpoints

FEBRUARY 20, 2023

But now we are seeing an entirely new type of services firm in the supply chain world – a service provider that does the planning and takes ownership of the inventory. This model comes from a partnership between GEP and Eliant Inventory Solutions. The inventory is stored at a few inbound hub warehouses managed by 3PLs.

Supply Chain Planning Software 248

Supply Chain Planning Software Logistics Network Optimization Software GEP Supply Chain Software 248

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. The end result?

Supply Chain Planning Software 261

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

SCMDOJO

NOVEMBER 20, 2024

Excessive and obsolete inventory can cause a business to fail. One needs to mitigate these challenges and learn how to optimize inventory. Healthy inventory optimization management can help a company flourish like a wealthy field. That is why optimizing inventory and reducing obsolescence is a necessity. Click here!

Inventory Reduction 90

Inventory Reduction Vendor Strategies Cost Reduction Strategies Resource Reduction 90

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

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

Logistics Viewpoints

OCTOBER 1, 2022

Container Ship Leasing Trends Downward. population with next or two-day shipping. The facility will also fulfill Marketplace items shipped by Walmart Fulfillment Services (WFS). American Shipper reported that indexes measuring container-ship rental rates are now dropping rapidly. And now to this week’s logistics news….

Logistics Network Optimization Software 247

Logistics Network Optimization Software Inventory Reduction Supply Chain Software Logistics 247