Logistics Viewpoints

NOVEMBER 7, 2022

Before executives do that, it is worth reviewing the top trends that will be impacting supply chain management for the coming year and beyond. What follows are the top trends executives need to be paying attention to before their strategic planning meetings commence. Inventory write downs are common. Bureau of Labor Statistics.

Supply Chain Planning Software 127

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 127

FreightWaves SONAR

JULY 10, 2023

Businesses are prioritizing the speed of data propagation within their supply chains. According to Gold, NRF members have made significant investments in data analysis to improve their ability to predict consumer demand to prevent bloated inventory levels that many large retailers experienced around this time in 2022.

Data 52

Data Supply Chain Planning Software Manufacturing Procurement Supply Chain Software 52

Logistics Business Magazine

NOVEMBER 24, 2023

Ralf Duester, board member of the Bochum-based SCM software specialist Setlog, shows which trends will be important in 2024. His statements are based not only on discussions with experts from the industry and research, but also on data from Setlog customers who use the SCM tool OSCA. At a glance: The top ten SCM trends in 2024 1.

Supply Chain Planning Software 63

Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software Optimization Software 63

Blue Grace Logistics

JUNE 23, 2023

Mark Derks, BlueGrace Chief Marketing Officer June 23, 2023 In the dynamic and ever-evolving logistics landscape, having access to accurate and timely data is essential. By analyzing revenue, inventory levels and orders, shippers can gain a comprehensive understanding of market dynamics and position themselves strategically for success.

Resource Reduction 84

Resource Reduction Inventory Reduction Logistics Network Optimization Software Cost Reduction 84

Logistics Viewpoints

APRIL 5, 2023

This survey-based research gathers quantitative data as well as information on practices or performance drivers. This report provides a cross-industry perspective on digital transformation in logistics including digital maturity in inventory management, transportation, fleet maintenance, safety and compliance, and more.

Digital 148

Digital Supply Chain Software Supply Chain Design Software Logistics Network Optimization Software 148

FreightWaves SONAR

JUNE 5, 2023

Lack of data, lack of conviction and lack of organizational agility all conspire to keep companies from recognizing medium-term opportunities and challenges and responding decisively. It’s hard to find good data that provides a view into the next few months of consumer behavior and economic activity.

Supply Chain Planning Software 52

Supply Chain Planning Software Scenario Planning Data Freight 52

Blue Grace Logistics

MARCH 20, 2023

Shipper's Guide to Planning Ahead Show Submenu Resources The Logistics Blog® News Press Whitepaper Case Study Webinars Indexes Search Search BlueGrace Logistics - March 20, 2023 Data shows there is a consensus that revenue will increase and inventory levels will build. The latest LCI forecasts an upwards trend for Q2.

Supply Chain Planning Software 62

Supply Chain Planning Software Scenario Planning Inventory Reduction Resource Reduction 62

3PL Links

JULY 7, 2023

The Role of Data Analytics in Supply Chain Management | Image source: Pixabay This article describes the transformation that data analysis and the supply chain are fostering and how it will impact business intelligence. Intelligence-driven businesses are interested in supply chain management and data analysis.

Supply Chain Software 48

Supply Chain Software Supply Chains Data Logistics Network Optimization Software 48

Logistics Business Magazine

MAY 29, 2019

The future of the UK’s fast expanding subscription box market (subcom) looks bright if trends in the US are anything to go by – according to a new State of Subscription Commerce survey. 24 percent – Inventory Accuracy. • 16 percent – Inventory Obsolescence. With the number of UK deliveries predicted to grow from 40.1

Survey 28

Survey Trends 3PL Logistics Network Optimization Software 28

Freightos

JUNE 6, 2023

The following data is from a survey we conducted last month (May, 2023) across hundreds of small business importers who tap Freightos.com’s global freight marketplace. Businesses quickly began to notice a different beast: a significant decrease in consumer demand compounded by looming inventory excesses. The key takeaway?

Manufacturing Procurement 98

Manufacturing Procurement Optimal Sourcing Inventory Reduction eCommerce 98

Now, That's Logistics

DECEMBER 27, 2022

Christoph Hemman, EVP Head of Airfreight Americas Region, DB Schenker said, “These trends directly impact the airfreight industry, which relies on both passenger and cargo planes to get goods from point A to point B. The post 5 Airfreight Trends to Keep On Your Radar Screen in 2023 appeared first on DB Schenker.

Trends 60

Trends Cargo Capacity Inventory 60

Logistics Viewpoints

AUGUST 18, 2021

Certainly, supply chain constraints are a partial cause of the current above trend inflation. Supply shortages, low inventory to sales ratios, and hiring lags are noted as factors at play. Data as recent as the end of June 2021 show that inventories remain below 1.3 I question if this is a data anomaly.

Supply Chains 189

Supply Chains Manufacturing Procurement Purchasing Skills Price Reduction 189

Talking Logistics

SEPTEMBER 24, 2018

Note: The following is an excerpt from “ Omni-Channel Logistics Leaders: Top 5 Inventory Insights ,” based on research conducted by Adelante SCM and LEGACY Supply Chain Services with input from nearly 100 supply chain professionals from retail, manufacturing, and logistics service providers companies in the United States and Canada.

Optimal Sourcing 75

Optimal Sourcing Inventory Nodes Manufacturing Procurement 75

Logistics Business Magazine

DECEMBER 11, 2022

While it’s imperative to focus on budgets and business initiatives that will take precedence over the next year, it’s just as important to keep an eye on the big-picture trends that are shaping the industry. o9 Solutions’ supply chain experts and leaders are sharing their insights on the trends that could become prevalent in 2023 and beyond.

Supply Chain Planning Software 62

Supply Chain Planning Software Supply Chain Software Supply Chains Trends 62

GlobalTranz

JANUARY 16, 2017

Modern supply chains are evolving beyond anyone’s expectations due to increased use of cloud-computing technologies, wearables and advanced data analysis. In fact, up to 70 percent of companies surveyed in Europe have already implemented cloud-based solutions to enable rapid scalability and flexibility.

Supply Chain Design Software 59

Supply Chain Design Software Supply Chain Software Supply Chain Design Analysis 59

Logistics Viewpoints

APRIL 11, 2024

Synchronizing people, processes, and data is core to concurrency, so that the supply chain can be rebalanced to affect what is happening, with the impact of any change being immediately reflected across the entire network at once. Planning together allows companies to reduce excess inventory that builds up when they plan sequentially.

Supply Chain Planning Software 139

Supply Chain Planning Software Supply Chains Scenario Planning Manufacturing Procurement 139

GlobalTranz

OCTOBER 25, 2017

Inventory tracking is among the top areas most impacted by omnichannel supply chain strategies, and consumer spending habits are forcing inventory tracking technology to evolve, making sure consumers can get the products they want, through the media and channels they want, and at the prices they want.

Inventory Reduction 50

Inventory Reduction Supply Chain Planning Software Supply Chain Design Software Optimization Software 50

CLX Logistics

APRIL 22, 2024

Whether achieving real-time compliance tracking, navigating market uncertainties through advanced analytics, or reinforcing safety protocols via secure data exchange, the digital revolution within the chemical supply chain emerges as the critical factor in surmounting these difficulties. Data informs transportation capacity and rates.

Supply Chain Planning Software 82

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Scenario Planning 82

Logistics Viewpoints

JANUARY 25, 2024

Instead start with the foundation of your AI strategy, which should be an understanding of your company’s supply chain and your data. Planners are buried in tedious tasks using legacy, fragmented technology, which 48% say doesn’t help them do their job effectively, according to a survey by the boom! Global Network.

Supply Chain Planning Software 139

Supply Chain Planning Software Supply Chain Software Supply Chains Scenario Planning 139

Logistics Viewpoints

JANUARY 10, 2024

Often times at Logistics Viewpoints, we like to look to the future and highlight the key trends that we see in a given market, or make predictions about what technologies will emerge as game changers in the new year. Here are some highlights from these trends in 2023 and implications on supply chain planning. in December 2021.

Supply Chain Planning Software 148

Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software Optimization Software 148

Freightos

JANUARY 15, 2024

It converged with a trend of both airlines and ocean liners investing far more heavily in their fleets over the past fewyears. This optimism is buoyed by the fact that 55% of importers have their inventories in check, anticipating a stronger freight demand in the coming year. The regression in pricing wasn’t just due to lower demand.

Negotiating Skills 114

Negotiating Skills Optimal Sourcing Price Reduction Cost Reduction 114

Turvo

JULY 27, 2021

A report based on a survey by Finances Online found that the most critical inventory management practices for companies were forecasting (61.3%), warehouse management (50%), logistics (46.8%), and back-end technology (32.3%). And technology can go a long way in promoting end-to-end visibility, including: Inventory visibility.

Supply Chain Software 90

Supply Chain Software Supply Chains Logistics Network Optimization Software Tracking and Tracing 90

3PL Links

DECEMBER 3, 2023

Predictive Analysis in Logistics and Supply Chain: How to Apply | Image source: Pexels In logistics, predictive analysis is simply the process of identifying and forecasting patterns, trends, and behaviors in both human and machine learning approaches, data, and algorithms. This ratio increased to 54% in 2022.

Supply Chain Planning Software 48

Supply Chain Planning Software Optimal Sourcing Analysis Supply Chain Software 48

Logistics Business Magazine

SEPTEMBER 5, 2023

Europe leads this trend having reduced offshore procurement by a quarter since 2021. Investment across the industry reflects this trend and while OEMs’ total investment in supply chain sustainability is on par with last year, suppliers’ annual investment has significantly reduced by 17%.

Supply Chain Software 63

Supply Chain Software Supply Chains Inventory Reduction Material Savings 63

Logistics Viewpoints

JUNE 12, 2024

According to a survey by McKinsey, 93% of supply chain executives plan to increase their investments in resilience, and 47% of them consider automation and digitization as the top priority. They also provide the vessel with access to real-time data, such as maps, charts, and weather forecasts.

Supply Chain Planning Software 133

Supply Chain Planning Software Supply Chain Software Supply Chains Optimal Sourcing 133

Logistics Bureau

MAY 8, 2019

In this article, I will give you a glimpse of some of the distribution centre (DC) trends and technologies that Australian firms should be aware of. Inventory and network optimisation is forecast to reach 75% adoption over the next two years, and 90% over the next five years. Tracking inventory! What is driving this?

Inventory Reduction 54

Inventory Reduction Supply Chain Planning Software Material Savings Supply Chain Software 54

IoT World Today

MARCH 27, 2020

Bouncing back more quickly, said experts, will require supply chain managers to turn to new ways of managing the supply chain, including using Internet of Things (IoT) data, analytics and machine learning (ML). An AI system needs to be fed data sets to learn how to behave and react.

Supply Chain Planning Software 145

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Procurement Analytics 145

SYSPRO Smarter ERP

JUNE 14, 2022

Globally, the use of data is growing — and in the past two years, the pandemic has been the main driver behind worldwide data growth, including increased internet access and a new way of working. Ultimately what should matter most for business is not the volume of data but, rather, knowing how to use it.

Supply Chain Planning Software 105

Supply Chain Planning Software Supply Chain Software Modeling Software ERP 105

20Cube Logistics

JANUARY 22, 2022

We all have seen how the world came to a standstill; we all have witnessed how the financial and social trends across the world underwent a sea-change; we all have experienced how the world became a different place in terms of how we dealt with things. The fundamentals of data analysis lie in data. Data is the new gold.

Optimal Sourcing 75

Optimal Sourcing Supply Chain Planning Software Analysis Supply Chain Software 75

CLX Logistics

MARCH 4, 2024

Whether achieving real-time compliance tracking, navigating market uncertainties through advanced analytics, or reinforcing safety protocols via secure data exchange, the digital revolution within the chemical supply chain emerges as the critical factor in surmounting these difficulties. Data informs transportation capacity and rates.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Scenario Planning 52

Log-hub

JANUARY 3, 2024

Let’s explore what the supply chain 2024 trends have in store for us! Let’s delve into the key supply chain 2024 trends that are reshaping the industry and driving innovation. These challenges carry worries about cybersecurity, data privacy, and the requirement for significant initial investments. The global Industry 4.0

Supply Chain Planning Software 40

Supply Chain Planning Software Supply Chain Software Supply Chains Optimal Sourcing 40

Logistics at MPEPS at UPV

APRIL 26, 2023

The past In the past, logistics education was primarily centered on basic concepts and traditional models, such as inventory management, warehousing, and transportation (Christopher, 2016). Supply chain game changers – mega, nano, and virtual trends – and forces that impede supply chain design (i.e., E., & Waller, M.

Supply Chain Design Software 52

Supply Chain Design Software Optimal Sourcing Logistics Network Optimization Software Supply Chain Software 52

Logistics Business Magazine

JANUARY 13, 2023

A new survey commissioned by ProGlove, leader in wearable barcode scanners , has identified the ongoing struggles of warehouses trying to predict demand patterns accurately. Of those surveyed, just 39 per cent of respondents felt they could accurately predict trends and activity for the holiday season.

Supply Chain Software 56

Supply Chain Software Survey Logistics Network Optimization Software Supply Chains 56

Shipping and Freight Resource

FEBRUARY 3, 2021

You can take this short survey (10 multiple choice questions) by clicking here or the link below. Take the survey. Port traffic bottlenecks continue till today, as inventories across the country get stocked up post-season. . If you wish to read more about the issues the report will be addressing, continue reading below.

Supply Chain Software 87

Supply Chain Software Freight Inventory Reduction Resource Reduction 87

Ship Monk

JULY 27, 2022

For an eCommerce business owner, the answer is obvious: How the heck do I get a handle on my inventory management ?! Put simply, demand forecasting uses a variety of data to foresee customer demand and inform major business decisions, from launching new products to finding the perfect 3PL partner. What is Demand Forecasting?

eCommerce 52

eCommerce Inventory Reduction Cost Reduction Price Reduction 52

SYSPRO Smarter ERP

APRIL 20, 2022

A survey SYSPRO fielded during the early days of the pandemic showed that 47% of businesses were unable to function because operational staff completely relied on on-premises resources, and 37% were unable to provide the remote work capabilities they required. Inventory management. 65% were diversifying their business.

ERP 116

ERP Optimization Software Inventory Reduction RFID 116

247 Customs Broker

NOVEMBER 27, 2018

We recently surveyed manufacturers, retailers, and ecommerce companies about order fulfillment and distribution. Their responses revealed several emerging trends. Trend toward multiple DCs. Trend toward multiple DCs. A major change in order fulfillment may be looming, the survey suggests. percent to 49.4

Distribution 28

Distribution Trends Manufacturing Procurement Supply Chain Planning Software 28