ToolsGroup

DECEMBER 2, 2021

Demand forecasting in supply chain management is the process of predicting demand, supply, and pricing for products. Download our ebook: Demand Forecast Is Why You Need to Adopt a Service-Driven Supply Chain Strategy. Download our free guide: 5 Critical Demand Forecasting Strategies You Can’t Afford to Ignore.

Inventory Reduction 156

Inventory Reduction Waste Reduction Forecasting Resource Reduction 156

ToolsGroup

NOVEMBER 23, 2021

As we head into the holiday season, supply delays, logistics constraints and inflation are looming over shoppers and retailers—and the manufacturers and distributors who keep them in supply. 7 practical strategies to minimize risk and manage supply chain shortages. You’re not powerless against supply chain disruptions! ?

Supply Chain Planning Software 291

Supply Chain Planning Software Scenario Planning Inventory Reduction Supply Chain Software 291

GlobalTranz

NOVEMBER 13, 2018

The use of dimensional (DIM) pricing has an extensive history by the Big Three carriers. FedEx, UPS, and DHL all claim to have been the first to switch to DIM pricing in 2013, but all packages were swapped over into the DIM pricing model in 2015. e-Book] 8 Big Factors to Consider for Efficient LTL Shipping.

Price Reduction 199

Price Reduction Waste Reduction Modeling Software Packaging 199

Logistics Viewpoints

JANUARY 31, 2022

Saint-Gobain designs, manufactures, and distributes materials and solutions for the construction, mobility, healthcare and other industrial application markets. It increases site productivity, reduces the usage of raw materials by up to 50%, but also leads to a more comfortable building. However, progress clearly is being made.

Material Savings 224

Material Savings Cost Reduction Strategies Price Reduction Expense Reduction 224

Freightos

APRIL 25, 2024

e-commerce customers’ love for free shipping. ‘de minimis’ rule, which exempts imports under $800 from customs and makes brokerage fees minimal, they have shipped massive volumes via air cargo. rates soared to about $13/kg due to pandemic-driven demand and reduced capacity. Utilizing the U.S.

Cargo 291

Cargo Cost Reduction Strategies Price Reduction Material Savings 291

Logistics Viewpoints

OCTOBER 18, 2024

Successive governments have determined that applying zero duty on wine is the best strategy to help winemakers keep producing and selling. It may seem like a small detail, but wine has multiple component costs that affect the total price—such as production, land, labor, and oak barrels. Do You Think Fedex Ships Live Pandas?

Price Reduction 224

Price Reduction Inventory Reduction Cost Reduction Strategies Supply Chain Planning Software 224

GlobalTranz

DECEMBER 10, 2014

Editor’s Note: We love talking about and reporting on technology which effects and also makes the lives’ of manufacturing companies much better. We’ve been providing manufacturing companies and shippers with a web-based transportation management system since 1998, before web-based TMS was as prolific as it is today.

Manufacturing Procurement 281

Manufacturing Procurement Supply Chain Design Software Modeling Software Manufacturing 281

Freightos

SEPTEMBER 8, 2020

Shipping containers are like scotch. . Just take a look at pricing fluctuations for Suntory’s Yamazaki 12 Year Old. But decisions about how many barrels to produce or how many ships to sail have to be made in advance. And if not, why have prices been skyrocketing when demand is not? Is ocean freight pricing broken?

Purchasing Skills 218

Purchasing Skills Price Reduction Freight Supply Chain Software 218

Logistics Viewpoints

MARCH 25, 2021

Global trade regulations and conflicts, as well as tariff threats as a political tool, could cut off sources and markets and push your business plan into the red. Your transportation consultant can help develop response strategies to ensure your supply chain continues to operate while the problem is addressed.

Supply Chain Planning Software 322

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 322

The Logistics & Supply Chain Management Society

FEBRUARY 15, 2021

Just take a look at pricing fluctuations for Suntory’s Yamazaki 12 Year Old. But decisions about how many barrels to produce or how many ships to sail have to be made in advance. Their “overperformance” quickly prompted accusations of profiteering or price manipulation, and even a couple government inquiries. Enter COVID-19.

Purchasing Skills 217

Purchasing Skills Price Reduction Freight Supply Chain Software 217

Supply Chain Shaman

APRIL 18, 2023

The global supply chain is built on three assumptions: rational government policy, availability of reasonably priced logistics, and low variability. As consumer spending fell, the days of escalating ocean freight and extreme shipping variability eased this year. Growing tensions between China and trading partners. Unrest in Sudan.

Supply Chain Planning Software 388

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 388

Logistics Viewpoints

OCTOBER 18, 2023

Or have these concerns been replaced with cost-price inflation and compressed profit margins? Global Manufacturing PMI Global Trade as a Barometer Clearly domestic business activity is much larger than international trade. The second pattern that jumps out is an ongoing reduction in volatility of change. But what about now?

Manufacturing Procurement 288

Manufacturing Procurement GEP Purchasing Skills Logistics 288

Supply Chain Game Changer

AUGUST 21, 2022

A solid supply chain and logistics strategy is essential for large companies. A global chemical manufacturer recently had to replace ships that transported bulk materials to ports. This chemical manufacturer is converting its entire distribution system to containers. It enables companies to understand their suppliers.

Inventory Reduction 104

Inventory Reduction Price Reduction Cost Reduction Strategies Material Savings 104

Logistics Viewpoints

DECEMBER 7, 2021

Just two days before Thanksgiving, FreightWaves reported an “all-time-high 93 ships” were waiting there. Consumer expectations for cheap and fast shipping continue to climb, and consumers increasingly want to order across borders , only compounding the problems. Carrier capacity management strategies ease the crunch.

Capacity 206

Capacity Price Reduction Cost Reduction Strategies Inventory Reduction 206

GlobalTranz

OCTOBER 3, 2018

Solution End-to-End Transparency and Collaboration Enable E-Commerce Efficacy While offering free shipping, which is offered for 60 percent of all online transactions, reports Deborah Abrams Kaplan of Supply Chain Dive can help shippers stay competitive, it is not always feasible. Know your shipping costs in real time. LEARN MORE.

Cost Reduction Strategies 202

Cost Reduction Strategies Purchasing Skills Logistics Network Optimization Software Price Reduction 202

Supply Chain Shaman

NOVEMBER 15, 2021

Maersk, the world’s largest container shipping company, reported its best quarter in 117 years, posting a $5.9B Ships continue to hold in the west coast harbors of LA and Long Beach, and the west coast warehouses are full. Much of the inventory on the ships at sea will miss the essential seasonal windows. We are to blame.”

Supply Chain Design Software 285

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

SCMDOJO

MARCH 8, 2024

In this blog, we’ll explore some key inventory optimization strategies that can benefit businesses of all sizes and industries. Top 5 Inventory Optimization Strategies Explained Managing inventory efficiently is vital for any business. Read more on Optimizing Inventory and Lead Time Management on our website SCMDOJO!

Inventory Reduction 95

Inventory Reduction Optimal Sourcing Resource Reduction Cost Reduction Strategies 95

GlobalTranz

JUNE 30, 2017

Manufacturers have always struggled to know their customers. Unfortunately, this means manufacturers face an even greater challenge, as more customers translate into greater use of customer service. In addition, customers are continuing to demand lower prices and free shipping. Partner With Appropriate Businesses.

Manufacturing Procurement 205

Manufacturing Procurement Manufacturing Procurement Analytics Price Reduction 205

Freightos

OCTOBER 26, 2020

Demand for ocean freight was lower than anticipated, and Hanjin Shipping, another top ten ocean liner, was already teetering on the verge of bankruptcy. Oil prices tanked, cancellations increased and Maersk drilling and supply chain services would run up nearly $2 billion dollars in annual losses.

Logistics Network Optimization Software 306

Logistics Network Optimization Software Supply Chain Design Software Supply Chain Planning Software Price Reduction 306

Logistics Viewpoints

JANUARY 26, 2021

While lean manufacturing and just-in-time were game-changing concepts when they were introduced, agility and resilience must be taken to an entirely new level post pandemic. Fifty-two percent of respondents are working on individual digital projects but lack an overarching strategy that links all these efforts.

Agile and Lean Supply Chain 282

Agile and Lean Supply Chain Supply Chain Software Supply Chain Planning Software Supply Chain Strategy 282

ToolsGroup

OCTOBER 14, 2024

Spare parts supply chains, however, come with their own set of complexities, requiring targeted strategies and specialized tools to meet these unique demands effectively. Optimizing spare parts inventory offers significant advantages for organizations, particularly in the manufacturing, maintenance, and repair sectors.

Inventory Reduction 156

Inventory Reduction Negotiating Skills Optimal Sourcing Cost Reduction Strategies 156

Supply Chain Matters

JULY 15, 2022

This week, the company announced a reversal in manufacturing and supply chain strategy, as well as a major turnabout. The company will henceforth outsource the manufacturing of its stationary exercise bikes and treadmills to a Taiwan based contract manufacturer. Pivot Toward Internal Manufacturing Presence.

Sourcing Strategies 105

Sourcing Strategies Cost Reduction Strategies Expense Reduction Inventory Reduction 105

The Logistics & Supply Chain Management Society

FEBRUARY 15, 2021

Centralized information eliminates data silos and strengthens information sharing through real-time communication (instead of point-to-point data transmission). Use cases include dynamic pricing, product quality testing, dynamic replenishment and staffing and resource decisions. Artificial Intelligence AND Machine Learning.

Supply Chain Planning Software 298

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

Freightos

DECEMBER 2, 2021

You might not think about shipping containers and ocean freight when you click “buy” on your Amazon order, but there’s a direct connection between the two. When ocean container rates spike, so do the prices we pay. However, since buying goods manufactured primarily in Asia increased so significantly, demand quickly outpaced supply.

Price Reduction 177

Price Reduction Cost Reduction Strategies Freight Supply Chain Planning Software 177

Supply Chain Shaman

AUGUST 12, 2024

.” His narrative centers on the evolution of the global supply chain evolving with a focus on labor arbitration ignoring geographic distance and shipping issues. His belief is that the internet, container shipping, and global banking shrunk the supply chain. Supply-centric or Manufacturing Thinking. Let me explain.

Waste Reduction 195

Waste Reduction Supply Chain Planning Software Supply Chain Design Software Sourcing Strategies 195

The Logistics of Logistics

AUGUST 21, 2023

Richard is Vice President of Strategic Accounts at Intelligent Audit , a cutting-edge logistics and supply chain technology company, dedicated to revolutionizing how businesses manage their shipping and transportation processes. Transitioning to sales and marketing, he mastered go-to-market strategies for driving growth.

Negotiating Skills 210

Negotiating Skills Logistics Network Optimization Software Optimization Software Analytics Software 210

GlobalTranz

JANUARY 18, 2018

Over the next two years, manufacturers are set to invest more than $250 billion in the Industrial Internet of Things (IIoT), and the use of technology to improve manufacturing will only increase. Let us take a closer look at some the advanced manufacturing technologies set to define the state of manufacturing throughout 2018.

Supply Chain Design Software 205

Supply Chain Design Software Modeling Software Logistics Network Optimization Software Manufacturing Procurement 205

Logistics Viewpoints

MAY 3, 2022

We found three key strategies that could serve as a blueprint for other supply chains: Rethink Packaging. It is often used and then quickly discarded, often several times, while goods move from the manufacturer to the store shelf. Packaging has an incredibly big impact on supply chain sustainability. Rethink Partnerships.

Waste Reduction 209

Waste Reduction Sustainability Vendor Strategies Supply Chain Design Software 209

Freightos

FEBRUARY 28, 2022

But they ran into a pricing challenge; consumers hate price changes (at least, price increases) and like most commodities, the cost of chicken changes. They drew a blank when looking for a chicken farmer that would commit to a fixed price. No fixed chicken price, no fixed Chicken McNugget price, which meant no McNuggets.

Negotiating Skills 177

Negotiating Skills Shipping Price Reduction Supply Chain Planning 177

Supply Chain Shaman

JANUARY 21, 2014

Let’s start with these: Demand Sensing: The reduction of time to sense purchase and channel takeaway. Demand sensing is a process, automated by technology, that reduces demand latency. For the translation of a purchase of Aleve at a retail outlet store to Bayer, the manufacturer is 60 days. Demand Translation.

Supply and Demand 327

Supply and Demand Modeling Demand Planning Software Forecasting 327

The Logistics & Supply Chain Management Society

APRIL 26, 2022

With the crisis in Ukraine and sanctions imposed on the Russian Federation, fuel and energy prices are now soaring. The delays are attributed to supply chain issues at every stage – from the time of booking transport to gate in at the port as well as ocean transit time of shipping containers. GLOBAL CRISES DRIVE PRICES SKY-HIGH.

Supply Chain Planning Software 246

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 246

Logistics Viewpoints

FEBRUARY 25, 2022

I thought I understood all the major supply chain implications of the pandemic until I began reading Yossi Sheffi’s new book The New (Ab)Normal: Reshaping Business and Supply Chain Strategy beyond Covid-19. Oil Prices Jump. The Potential Impact on the Electricity Prices. Russia Attacks Ukraine. The Threat of Cyberwar.

Price Reduction 221

Price Reduction Ukraine Russia Logistics Network Optimization Software 221

ToolsGroup

JANUARY 6, 2022

Covid has increased the amount of time it takes for foreign imports to reach us, and has significantly raised the price of importing products. We can take these off their hands efficiently and for a decent price, so it is a win-win for both of us. ” – Mike Skoropad, CEO, United Tires. Get the Free Playbook ?.

Supply Chain Planning Software 290

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Supply Chain Strategy 290

ShipBob

AUGUST 3, 2021

In this article, you will learn the importance of supply chain agility, what it means to be agile, plus strategies and best practices you can incorporate into your supply chain. Working with multiple manufacturers. Reduce supply chain costs. Customers expect fast, consistent, and reliable shipping. Meets market demands.

Agile and Lean Supply Chain 119

Agile and Lean Supply Chain Sourcing Strategies Inventory Reduction Material Savings 119

Unleashed

JANUARY 25, 2023

In these tricky times, smart cash flow management strategies are essential to bring down costs (or push profits) in controllable areas, offsetting international instability. This is achieved through the implementation and continued improvement of cash flow management strategies. To improve cash flow, process optimisation is necessary.

Material Savings 98

Material Savings Inventory Reduction Price Reduction Cost Reduction Strategies 98

SYSPRO Smarter ERP

OCTOBER 18, 2021

Most manufacturing companies are working on what a low carbon future means for their business with the urgency to cut global CO2 emissions in half by 2030 and strive for a net-zero by 2050. We know that the manufacturing industry is the engine of economic growth and social impact. The pressure to confront climate change.

Manufacturing Procurement 130

Manufacturing Procurement Optimal Sourcing Resource Reduction Price Reduction 130

Supply Chain Shaman

DECEMBER 30, 2021

Global shipping is national news with most stories covering the symptoms. The volume of ocean shipments grew two-fold in the past decade, and the price of an ocean shipment increased 9-10X from 2020-2021. Since 1990, the size of ships increased 3X, but the design of the west coast ports remained largely unchanged.

Supply Chain Design Software 438

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