FreightWaves SONAR

SEPTEMBER 29, 2023

The COVID-19 crisis unveiled major issues within global supply chains and, as we have seen with SONAR freight data, volatility in the market. For those that make the right applications of freight data, the massive problems created by the pandemic could have been more easily mitigated.

Data 52

Data Inventory Reduction Supply Chain Planning Software Vendor Strategies 52

Ship Monk

SEPTEMBER 29, 2022

Tips for Peak Season 2022. In PART 1 of our “Peak Season 2022 Guide for eCommerce Brands” we discussed the major problems that affect eCommerce brands for peak season 2022, and the solutions entrepreneurs can seek to resolve them. Study Data Closely. Prep for Black Friday. Manage Your Deadlines. Be Ready to Promote.

eCommerce 52

eCommerce Inventory Reduction Supply Chain Planning Software Supply Chain Software 52

FreightWaves SONAR

APRIL 7, 2023

Tailor a mini-bid strategy that plays to your strengths and protects your weaknesses. Second, more data and technology is available to help shippers and their supply chain partners benchmark and optimize networks. Rather than simply relying on annual bids, many shippers bid at least part of their network every quarter.

Cost Reduction 52

Cost Reduction Price Reduction Strategy Freight 52

Logistics Business Magazine

JANUARY 20, 2022

While reflecting on some of the ways the industry sought to overcome these challenges, Chris Jones*, Executive Vice President, Industry & Services at Descartes Systems Group , takes a look at what to look out for in 2022. Online buying will continue to fuel growth in home deliveries, presenting challenges that demand new strategies.

Supply Chain Planning Software 51

Supply Chain Planning Software Supply Chain Software Supply Chains Price Reduction 51

Freightos

APRIL 25, 2024

Despite the reduced customs costs, both companies are likely shipping by air at a loss—a sustainable strategy for their coffers but one that majorly impacts supply chain organizations reliant on the same volumes. From Q3 2021 to early 2022, Freightos Air Index China-U.S. These rates dipped to around $3.50/kg

Cost Reduction 88

Cost Reduction Cargo Price Reduction Resource Reduction 88

Shipping and Freight Resource

DECEMBER 9, 2021

Data the “new” gold, is in high demand all over the world and especially now in the shipping and freight industry. But just data alone is not going to assist. Data and its usage must be standardised and there must be a standardised approach to digitalisation. So that Industry Blueprint was quite crucial.

Data 90

Data Supply Chain Planning Software Supply Chain Software Digital 90

Locus

MAY 25, 2022

Take last-mile deliveries for example. Here are seven key strategies that they have used to make it happen. The American customer satisfaction index customer experience benchmarks for timeliness of delivery fell drastically from 82 in 2020 to 76 in 2022. consumer shipping companies: Customer experience 2017-2022.

Sourcing Strategies 52

Sourcing Strategies Inventory Reduction Cost Reduction Strategy 52

Logistics Business Magazine

MAY 31, 2023

Economic pressures could put vital investments in companies’ strategies, as well as in other safety initiatives, in jeopardy.” During 2022, 38 total losses of vessels were reported globally, compared with 59 a year earlier. Around a quarter of vessels lost in 2022 were cargo (10). The British Isles saw the highest number (679).

Expense Reduction 46

Expense Reduction Supply Chain Design Software Cost Reduction Price Reduction 46

Logistics Bureau

OCTOBER 24, 2022

How retailers are reevaluating post-pandemic inventory strategies. It uses sensor data from the physical entity to emulate its state and to enable the modeling of future changes, improvements, risks, and weaknesses. Renault’s plans for network redesign and S&OP improvement. What is a Digital Twin. Trials a Success.

Supply Chain Planning Software 62

Supply Chain Planning Software Supply Chain Software Supply Chains Optimal Sourcing 62

EazyStock

MARCH 14, 2023

The right purchasing and logistics strategies give companies an edge during these unique, uncertain times and, during the return “to normal,” a greater competitive advantage and continued growth. With the right strategies in purchasing, logistics and supply chain, you can navigate through a recession and come out as a winner.

Inventory Reduction 52

Inventory Reduction Price Reduction Cost Reduction Waste Reduction 52

Logistics at MPEPS at UPV

APRIL 25, 2022

Therefore, many of the trends in logistics are influenced by these and can be considered guidelines for our following strategies before the end of the year. Therefore, some of the most sought-after profiles will be experts in process automation, Big Data, and AI. trillion in the next six years.

Trends 40

Trends Logistics Network Optimization Software Supply Chain Software Logistics 40

Freightos

JANUARY 15, 2024

For example, the Freightos Baltic Index indicates a 69% increase to North America’s East Coast and a staggering 226% to Northern Europe since the crisis began. Navigating the Storm: Strategies for SMB Importers in 2024 There is no golden ticket for solving these challenges. and bakes really good cookies.

Negotiating Skills 115

Negotiating Skills Optimal Sourcing Price Reduction Cost Reduction 115

Logistics Viewpoints

JANUARY 26, 2024

Emergency vehicles, for example, would be exempt, and the California Highway Patrol could authorize the system’s disabling in certain other cases. The device prevents vehicles from surpassing a certain speed, by harnessing GPS and on-board camera data to determine limits on a specific roadway.

Logistics Network Optimization Software 139

Logistics Network Optimization Software Supply Chain Software Supply Chain Planning Software Inventory Reduction 139

Logistics Viewpoints

SEPTEMBER 23, 2021

OnTrac , for example, stopped accepting new peak business on September 1, but capacity issues are just one of the carrier-related challenges shippers must overcome. Prioritize peak season prep with parcel shipping data. Shippers who have not yet established these capabilities will need to wait for 2022. Do what’s right in 2022.

Negotiating Skills 102

Negotiating Skills Cost Reduction Logistics Network Optimization Software Capacity 102

SYSPRO Smarter ERP

NOVEMBER 14, 2022

Below are four recalibration tactics decision-makers looking to adopt a growth mindset should consider integrating into their strategies to drive growth and maintain relevance now and in the future. In an age where volatility is the norm, this data is key to effective risk-management planning.

Manufacturing Procurement 116

Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 116

Logistics Business Magazine

NOVEMBER 24, 2022

However, any semblance of normality or regularity that they did possess flew out of the window in 2022. Building resilience into their operations, either through new business strategies or new digital capabilities, is now a key priority for all shippers, carriers and logistics service providers. One example is multi-shoring.

Trends 68

Trends Sourcing Strategies Transportation Cost Reduction 68

3PL Links

APRIL 26, 2023

Nevertheless, with in following quarter, this strategy will need to be carried a step beyond. The multi-shoring method, for example, is an effective way to accomplish this. ” The most significant barriers to enhanced coordination include poorly integrated IT systems, misaligned KPIs, and insufficient data exchange.

Supply Chain Planning Software 62

Supply Chain Planning Software Logistics Network Optimization Software Price Reduction Trends 62

SYSPRO Smarter ERP

AUGUST 9, 2022

Digital transformation has quickly become an essential part of any successful business strategy which has also resulted in a skills gap. Here’s a list of top courses manufacturers should consider in 2022 to stay ahead: 1. Learning, for example, how to properly use systems and read data will improve business efficiency.

Course 105

Course Buyer Training Waste Reduction Expense Reduction 105

Logistics Business Magazine

NOVEMBER 21, 2023

The world´s number one robot manufacturing country is developing automation strategies that will not only target logistical issues but also a wide range of industry challenges the new working time legislation will cause. Sales grew by 44% with more than 86,000 units sold in 2022 worldwide, IFR reports.

Material Savings 52

Material Savings Logistics Network Optimization Software Automation Cargo 52

Logistics Viewpoints

DECEMBER 1, 2023

million people in 2022 to 121.4 homes in 2022 than UPS, after eclipsing FedEx in 2020, and it is on track to widen the gap this year, according to internal Amazon data and people familiar with the matter. Amazon’s outsize growth combined with strategy shifts at FedEx and UPS have changed the balance.

Supply Chain Planning Software 139

Supply Chain Planning Software Cost Reduction Logistics Network Optimization Software Food and Agriculture 139

ShipLilly

FEBRUARY 15, 2023

When 2022 was beginning, everyone wondered whether the upward trend in spot rates would continue or if it would start unwinding. An end of the year that is cooling down the price temperatures Experts predict the price rises are now coming to a close as we leave 2022 behind. This route has been roughly flat since December 8 th , 2022.

Price Reduction 75

Price Reduction Trends Sourcing Strategies Examples 75

Logistics Viewpoints

DECEMBER 15, 2023

For example, FedEx’s upcoming levy is based on an EIA-established price that is at least $4.09 In notification letters sent on December 8 to 129,611 current and former employees (and dependents) affected by the data breach, the company revealed the attackers were able to steal some data from its network on April 26.

Supply Chain Planning Software 169

Supply Chain Planning Software Logistics Network Optimization Software Price Reduction Logistics 169

Logistics Viewpoints

DECEMBER 12, 2023

A WES autonomously gathers real-time signals from across the warehouse, then applies artificial intelligence (AI), machine learning (ML), and data science to create plans and solve problems. billion in 2022 to $3.12 Let’s look at the example of an order that needs to go out by 5:00 pm, when FedEx or UPS is making a pickup.

Supply Chain Planning Software 168

Supply Chain Planning Software Supply Chain Design Software Optimization Software Resource Reduction 168

Logistics Viewpoints

APRIL 19, 2024

Canada banned single-use plastic shopping bags in December 2022, along with other single-use plastic items including straws and cutlery. Baltimore is not included in Global Port Tracker’s national totals because its data is reported later than other ports. The port handled 48,000 twenty-foot equivalent units (TEUs) in January.

Logistics Network Optimization Software 128

Logistics Network Optimization Software Logistics Procurement Analytics Purchasing Skills 128

MTS Logistics

APRIL 15, 2022

As we roll into the second quarter of 2022 after a hellish Q1, there is but one question in everybody’s mind. Despite all these issues, cargo handled has rose a whopping 22% in the period of December 2021/January 2022/February 2022 compared to the December 2020/January 2021/February 2021 period according to data from the Port of Houston.

Analysis 83

Analysis Cargo Expense Reduction Supply Chains 83

Logistics Viewpoints

JUNE 30, 2022

as of April 2022 compared with a low of 1.09 At the beginning of June 2022, a 40-foot ocean container cost about $10,000 to ship from southeast Asia to Northern Europe This is compared to about $1,500 for the same route about 2 years ago. Now this begs the question of how retailers should prepare for the 2022 holiday season.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 130

Stord

JANUARY 11, 2022

Now that we’re in 2022, things should revert back to normal (whatever that means), right? More partners require significant overhead and capital to maintain." - Sarang Damle, Group Product Manager, Orders & Inventory Data and Service Capability Silos "Supply chains are too often built in and operate from silos.

Supply Chain Planning Software 78

Supply Chain Planning Software Supply Chain Software Optimization Software Optimal Sourcing 78

Logistics Viewpoints

OCTOBER 10, 2022

Implementing the solution involved cleaning up master data and mapping their complete global supply chain. Risk management solutions scrape data from hundreds of thousands of online & social-media sites, but Autoliv also has access to sources of information that they pay for. The implementation was not trivial. Any final thoughts?

Supply Chain Planning Software 134

Supply Chain Planning Software Supply Chain Software Supply Chains Optimal Sourcing 134

Now, That's Logistics

FEBRUARY 15, 2022

As shippers either figuratively or literally flipped the calendar page over to 2022, the hope was that at least some of the capacity crunches, driver shortages, labor issues and freight rate increases that took hold in 2021 would begin to heal themselves and create a more balanced transportation marketplace. Unfortunately, this didn’t happen.

Cost Reduction 78

Cost Reduction Capacity Trends Expense Reduction 78

Logistics Business Magazine

NOVEMBER 24, 2023

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. To ensure that more truck drivers are back home in the evening, for example, the forwarding association Elvis wants to set up a meeting network for full truck loads.

Supply Chain Planning Software 56

Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software Optimization Software 56

Logistics Viewpoints

AUGUST 14, 2023

Nevertheless, the argument that trade compliance is complementary to a company’s overall tax strategy certainly makes sense to many companies. In April of 2022, British American Tobacco, headquartered in the UK, agreed to pay $508 million in fines for selling their products to North Korea. For example, the U.S.

Compliance 105

Compliance Supply Chain Design Software Supply Chain Planning Software Sourcing Strategies 105

Logistics Viewpoints

FEBRUARY 3, 2022

planning offers an alternative to swinging the pendulum and as the strategy that provides the supply chain resilience leaders seek. As you evaluate strategies to mitigate risk and build resilience, beware of headlines blaming JIT inventory practices and recommending a move to JIC.

Inventory Reduction 174

Inventory Reduction Supply Chain Planning Software Supply Chain Design Software Inventory 174

Blue Grace Logistics

JULY 27, 2021

Improving predictability in outcomes is valuable, but ensuring your supply chain is nimble enough to act on the data is even more so. We explore how predictive analytics and big data with human sentiments can add value and amplify their supply chain strategies. Having random data is meaningless without insightful analytics.

Procurement Analytics 62

Procurement Analytics Supply Chain Planning Software Supply Chain Software Supply Chain Design Software 62

Logistics Business Magazine

MARCH 30, 2022

As part of the Georgetown University McDonough School of Business Global Business Experience Programme, Sitma was invited to submit a project proposal to be implemented with the support and guidance of a team of students from the 2022 Flex MBA class.

Packaging 54

Packaging Supply Chain Software Material Savings Logistics Network Optimization Software 54

Logistics Viewpoints

NOVEMBER 2, 2022

At the end of September, I attended FourKites Visibility 2022 in Chicago, IL. Initially it was part of a larger go-to-market strategy as the company realized it had an issue with its Net Promoter Score (NPS) and understanding the voice of the customer. Partners need to be open to data sharing for improved visibility.

Supply Chain Software 129

Supply Chain Software Supply Chains Cost Reduction Digital 129

Now, That's Logistics

OCTOBER 19, 2021

These are just a few of the high-profile supply chain woes that organizations are facing in 2021, and Bloomberg says the situation may not improve much as we move into 2022. Its newest regional logistics hub in Singapore, for example, leverages automation to double productivity levels (compared to manual processes).

Supply Chain Software 78

Supply Chain Software Supply Chain Planning Software Supply Chains Digital 78

Ship Monk

NOVEMBER 14, 2022

While ecommerce has experienced boom after boom, 2022 has proven to be an interesting year in its already storied history. An advertising strategy and budget Financial projections Demand forecasting Growth strategy (see our guides to growth and scaling your ecommerce business). Ecommerce growth is expected to be up about 2.5%

eCommerce 52

eCommerce Material Savings Inventory Reduction Cost Reduction 52