MTS Logistics

DECEMBER 27, 2022

By and large, the holiday shipping season has been smooth and problem-free compared to 2020 and 2021, with supply chain issues easing. There were definitely some challenges, like the last-minute winter storm that snarled air travel in many parts of the U.S. – have not had a good reason to cut the workforce.

Supply Chain Software 90

Supply Chain Software Supply Chains Price Reduction Definition 90

Logistics Bureau

MAY 24, 2021

For example, if your cost of goods sold for 2020 was $250,000, and your average inventory on hand was worth $25,000, your inventory turnover ratio would be $250,000/$25,000 = 10, meaning your entire stock of that particular SKU turns over around ten times per year. Perhaps it’s time for your company to take a more scientific approach.

Inventory Reduction 118

Inventory Reduction Inventory Supply Chain Planning Software Supply Chain Software 118

Logistics Viewpoints

DECEMBER 9, 2020

And 2020 was certainly quite the year in logistics. So, without further ado, here are the most popular logistics articles from 2020. 2020 Supply Chain Technology Trends ; Steve Banker, Chris Cunnane, and Clint Reiser. The post The Year in Logistics: Most Popular Articles from 2020 appeared first on Logistics Viewpoints.

Article 17

Article Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Software 17

MTS Logistics

JANUARY 3, 2023

The definition of normalization is difficult to come by. Due to the lack of cargo during and after the Chinese New Year, ocean rates will be at their lowest levels since March 2020. East Coast rates will still have some more room to fall. During contract negotiations anyone with regular volume will have the upper hand.

Negotiating Skills 106

Negotiating Skills Industry Tracking and Tracing Inventory Reduction 106

FLS Transport

JANUARY 4, 2021

It seems most everyone is ready to put 2020 in the rear-view mirror. 2020 will certainly be a footnote in all our lives. It will be one of those times where we say, “well, in 2020…”. And that definitely applies to the freight market. No one could have predicted the 2020 freight market. The 7 Things to Expect in Q1.

Freight 52

Freight Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software 52

EazyStock

OCTOBER 20, 2020

Firstly, let’s get a few definitions: What is inventory control? ABC analysis is a good inventory control technique to segment your warehouse stock based on the value it brings to the company. ABC analysis, will help with this. Blog post originally published Aug 2015; updated Oct 2020. Know your star products!

Inventory Reduction 98

Inventory Reduction Optimization Software Optimization Modeling Inventory 98

CH Robinson Logistics

JULY 8, 2021

The number of small packages shipped in 2020 is estimated to have been 132 billion, which is a 32% increase over the 2019 volumes. One estimate suggests that during the 2020 holiday season, demand for small parcel exceeded available capacity by nearly 7 million packages a day. Which shipments in transit are lost, damaged, or delayed?

Cost Reduction 62

Cost Reduction Sourcing Strategies Meeting Optimal Sourcing 62

Logistics in War

NOVEMBER 28, 2022

An acceptable, modern, definition of national support might also be accompanied by clarity with respect to terms such as ‘force scaling’, ‘force expansion’, ‘mobilisation’, ‘surety’, ‘preparedness’ and even ‘strategic logistics’. [14] 13] Ashurst, T., & Beaumont, D., 15] Hellyer, M.

Military 99

Military Sourcing Strategies Resource Reduction Operations 99

Ship Monk

NOVEMBER 14, 2022

For others, they’re signs of elevated stress levels, which can definitely lead to eating way too many cookies. For some, these are the harbingers of the holiday season — a magical time designated for relaxation and spending time with friends and family (and eating way too many cookies). 1 Plan Ahead… Way Ahead.

eCommerce 52

eCommerce Material Savings Inventory Reduction Cost Reduction 52

Locus

MARCH 30, 2023

The answer is a definite “Yes”. – The future of the last-mile ecosystem, World Economic Forum 2020. Businesses need advanced analytics on time slots that customers prefer to serve them better. With analytical insights on time slots, it becomes easier to assign the right fleet and fully use it.

Supply Chain Planning Software 52

Supply Chain Planning Software Optimal Sourcing Supply Chain Software Supply Chain Design Software 52

Turvo

AUGUST 24, 2021

Today, the definition of supply chain resiliency has been changed in ways that have caused ripple effects. Supplier diversity took on an entirely new meaning in 2020. Data collection and analysis can be accurately applied to the network. It highlighted the need for innovation and modernization within the industry.

Optimization Software 98

Optimization Software Supply Chain Software Logistics Network Optimization Software Supply Chains 98

Logistics Viewpoints

FEBRUARY 28, 2022

Let’s start with a definition: any device that can perceive its environment and takes actions that maximize its chance of success at some goal is engaged in some form of artificial intelligence (AI). It is also worth pointing out, that based on this definition, not all forms of machine learning are particularly complicated.

Supply Chain Planning Software 169

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 169

SYSPRO Smarter ERP

NOVEMBER 8, 2021

One source reports disruptions increased over 60% between 2019 and 2020. Often a tool like a Failure Mode and Effect Analysis (FMEA) is useful as it serves as a checklist and ensures that the business is thinking about these issues and considering mitigation plans. Source: Bain & Co, Digital Supply Chain Institute, 2020.

Supply Chain Planning Software 116

Supply Chain Planning Software Supply Chain Software Supply Chains Sourcing Strategies 116

Ship Monk

APRIL 28, 2023

According to the Business of Sustainability Index , despite intense inflation since 2020, 66% of general US customers and 80% of young adult (ages 18-34) US customers surveyed in 2022 are willing to pay more for sustainable products/companies that embrace sustainable practices. Packaging waste is a definite problem in the ecommerce industry.

eCommerce 66

eCommerce Waste Reduction How To Material Savings 66

Trinity Logistics

FEBRUARY 2, 2022

According to an analysis from the Integrated Benefits Institute, these absences have cost employers more than $78.4 Rejection rates are at their lowest levels since July 2020. This is a little harder to do but definitely on the radar. Over the past 22 months, businesses have been hit hard with workers’ pandemic-related absences.

Supply Chains 95

Supply Chains Scenario Planning Material Savings Cost Reduction 95

Logistics Viewpoints

JUNE 30, 2023

Savings will focus on reducing fixed operating costs beyond product and transportation expenses that were “built up as a result of the rampant increase in transactions during 2020 and 2021,” McPhail said. We are now gradually reducing that holding capacity as transactions normalize.” percent, followed by accommodation and food services (7.0

Logistics Network Optimization Software 136

Logistics Network Optimization Software Supply Chain Planning Software Cost Reduction Material Savings 136

Logistics Viewpoints

JANUARY 3, 2022

In September 2020, the company announced what they claim is the world’s first autonomous truck purchase order from Wilson Logistics. Their technology includes a 1,000-meter perception range, 35 second planning horizon, high-definition maps with accuracy within five centimeters, and a fully redundant sensor suite and components.

Trucking 150

Trucking Trends Modeling Software Logistics Network Optimization Software 150

GlobalTranz

APRIL 14, 2016

The IoT,” it explains, “comprises an ecosystem that includes things, communication, applications and data analysis.” McKinsey Global Institute simplifies this a little to say the IoT comprises “sensors and actuators connected by networks to computing systems”. Data Storage and Analysis. Data Storage and Analysis.

Supply Chain Design Software 57

Supply Chain Design Software Supply Chain Software Optimization Software Supply Chain Design 57

Infosys Supply Chain Management

MAY 25, 2017

MARKET ANALYSIS Globally, the aftermarket is emerging as a new lucrative area for OEM's revenue as 15% of OEM revenue comes from aftermarket business, which represents 70% of OEM profit. from 2015 to 2020, growing from US$3.83 Billion by 2020. Billion in 2015 to US$5.02

Procurement Solutions 20

Procurement Solutions Modeling Software Workshop Purchasing Skills 20