Logistics Bureau

MAY 24, 2021

Among the universal challenges that the COVID-19 pandemic has imposed upon the supply chain management profession is the question of inventory, specifically, “how much is enough?”. It wasn’t long ago that businesses were asking, “By how much can I reduce my levels of inventory?”. Let’s Start with Safety Stock.

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ShipLilly

FEBRUARY 8, 2023

Questions about dealing with excess inventory Given what has happened before, it is not entirely surprising that many retailers are contending with elevated levels of excess inventory. This is a trend that is undesirable since excess inventory tends to have a detrimental effect on cash flow.

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Logistics Viewpoints

FEBRUARY 8, 2024

While predictive analytics seeks to answer questions such as “what might happen in the future,” prescriptive analytics goes beyond by recommending the best course of action going forward. Newer, more dynamic slotting models use AI to eliminate the need for manual engineering and measurement.

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The Logistics of Logistics

MAY 8, 2021

Prior to that she was a Program Officer for Health Supply Chains at the Bill & Melinda Gates Foundation and spent six years at Microsoft where she oversaw launch management, inventory management, and innovation. Overall, the point of a lean or circular supply chain is to simply eliminate waste and reduce the carbon footprint.

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Ship Monk

FEBRUARY 9, 2024

The process usually includes analyzing historical data for seasonal trends and product performance, as well as gathering current data on competitors, marketplace trends, future marketing plans and promotions. Creating graphs and pie charts out of your numerical data can make it easier to spot trends and gain insights.

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GoShip Blog

DECEMBER 22, 2022

With the hurdles of 2022 behind us, here are logistics trends 2023 you can expect in the coming year. As a business owner, keeping an eye on this logistics trend concerning the sustainability and eco-friendliness of your logistics solutions will do you a world of good. Automation and AI for Flexible Logistics Strategies.

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Logistics Bureau

SEPTEMBER 4, 2023

And, of course, I will also share how knowing your cost-to-serve will help you to solve those all-too-familiar performance gremlins. If your business is experiencing a persistent reduction in profit margins, analysing your cost to serve is an advisable step in diagnosing the causes. We’ll begin with a look at pricing strategy.

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SYSPRO Smarter ERP

APRIL 25, 2022

In 1984, a university student with limited space and inventory started assembling computers in his university dorm room. One of the key factors for ATO is how accurately the manufacturer forecasts orders for products, based on historical data, macroeconomic trends, and the overall condition of the market. Challenges of ATO.

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Bringg

AUGUST 5, 2020

This post looks at how click & collect works, why demand for it is trending now, and what retailers can do to ensure click & collect experiences that are also good for their business. While interest in click & collect is not new, 2020 saw a massive spike in demand and turned it into one of the hottest retail trends.

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GlobalTranz

MAY 4, 2018

The wrong retail inventory management strategy increases carrying costs and makes it impossible to stay competitive. The Problem: Omnichannel Retail Carries an Extreme Level of Interdependence Between Systems and Processes As explained by Entrepreneurer.com , the fastest-moving products account for only 20% of inventory.

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3PL Links

SEPTEMBER 26, 2016

Before you get into a cost-cutting frame of mind, however, you need to understand where to focus because making the right cuts in the right areas will ultimately lead to the greatest returns. What follows is a rundown of the 10 best ways to reduce supply chain costs — and to increase your profits. JIT Inventory Management.

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FreightWaves SONAR

SEPTEMBER 28, 2023

Multiple factors are fueling this shift — from inventory correction to nearshoring — and the trend is not expected to reverse anytime soon. The trend is more important than the current value in this situation,” Strickland continued. This would naturally drive down demand from the West. What does this mean for freight rates?

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FreightWaves SONAR

JUNE 7, 2023

Even after the long series of contract rate cuts that began in July 2022, transportation managers and supply chain leaders still have a cost-reduction role to play in 2023. The best part is that most shippers are in a position to cut spend without sacrificing the high service levels they’ve finally been able to restore.

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FreightWaves SONAR

SEPTEMBER 28, 2023

Multiple factors are fueling this shift — from inventory correction to nearshoring — and the trend is not expected to reverse anytime soon. The trend is more important than the current value in this situation,” Strickland continued. This would naturally drive down demand from the West. What does this mean for freight rates?

Inventory Reduction 52

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Logistics Bureau

OCTOBER 1, 2018

Call it a cop-out if you like, but predicting which logistics and supply chain trends will make a difference to businesses in any given year has become notoriously difficult, given the speed at which technology in particular, can suddenly disrupt the way things are done. 2018 Update: How Did the Trends Progress?

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Talking Logistics

OCTOBER 15, 2018

The Importance of Inventory Management. When it comes to inventory management, new trends are demonstrating that less is more. Having less inventory on-hand increases liquidation, allowing for a more agile response to shifting consumer trends. This is never more necessary than when preparing for the holiday season.

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Logistics Bureau

DECEMBER 9, 2019

Rob O’Byrne makes an early start with his round-up of supply chain and logistics trends that might make industry headlines in the coming year. His observations include trends in first and last-mile logistics, and the increase in SMEs entering global markets. 2020 Supply Chain and Logistics Trends: What’s Around the Corner?

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Logistics Bureau

JANUARY 3, 2018

It’s that time when idle chatter at the office Christmas lunch turns to debating what next year will bring, especially among logistics and supply chain professionals, for whom it seems every New Year brings new challenges, trends, and disruptive innovations. The 7 Trends for Supply Chain Pros to Watch in 2018.

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Morai Logistics

NOVEMBER 11, 2020

After a year dominated by a pandemic, many of the anticipated trends heading into 2020 have been reconsidered—here are 6 to be mindful of going forward. This article by Morai Logistics presents 6 of the most prominent trends in supply chain today. Agility is More Important Than Ever. Omnichannel is the new Standard.

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EazyStock

DECEMBER 17, 2019

Intro to 2020 Supply Chain Management Trends. Throughout the last decade, the main trends were digitization and globalization. 2020 supply chain management trends will further these shifts. 2020 supply chain management trends will further these shifts. Greening” the Supply Chain. Cloud-based Technology.

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Morai Logistics

DECEMBER 5, 2019

This article by Morai Logistics highlights 5 of the most prominent supply chain trends to be mindful of in 2020. Furthermore, having a more sustainable supply chain means reducing inefficiencies, further reducing costs. Furthermore, having a more sustainable supply chain means reducing inefficiencies, further reducing costs.

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Morai Logistics

MARCH 10, 2021

Yet, much of what the pandemic has spurred on isn’t a shift in supply chain trends but rather an acceleration of them. This, of course, has implications all the way through supply chains. This is because they foster even greater productivity and, with concerns regarding the spread of COVID, they reduce human involvement.

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Logistics at MPEPS at UPV

MAY 24, 2023

I was surprised by the quality-price of the menu (which included starter, main course, dessert and drink) as well as the good service of the staff. This has a clear advantage: the reduction of the restaurants’ own kitchen staff due to the standardization of the process.

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Logistics Viewpoints

JANUARY 3, 2023

This article is written by Atakan Kantar & Doğa Kurt from Solvoyo, and examines the ongoing trend CPG companies going direct-to-consumer (D2C). The trend of CPG companies going direct-to-consumer (D2C) is on the rise. D2C, supported by targeted promotions, enables stronger brand loyalty. To read the full article, click HERE.

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Logistics Bureau

JANUARY 8, 2019

3 Supply Chain Trends to Track in 2019. However, this year hasn’t quite closed out yet (at the time of writing), so in the true spirit of just-in-time delivery, here’s a quick appraisal of three current trends that I believe will come on stronger, and perhaps become some of the most important to supply chain operators in 2019.

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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 ?! We’re talking, of course, about demand forecasting, or the process of predicting customer demand for a product or service. How often does inventory need to be replenished? What is Demand Forecasting?

eCommerce 52

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GlobalTranz

FEBRUARY 23, 2018

Omnichannel, as a word and strategy in retail, is shifting. WHITE PAPER] The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018. Of Course Not…However, the Focus Is Now on Customer Experience in Omnichannel appeared first on Transportation Management Company | Cerasis. Download white paper. Not exactly.

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3PL Links

APRIL 23, 2024

Read also: Top 9 Technology Trends for Your Warehouse in 2024 The supply chain Although it incorporates logistics, the supply chain is not to be mistaken with logistics. inventory management helps the company not lose sales, prevents/reduces waste, and reduces expenses. This regularity can be provided by AI.

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Logistics Viewpoints

APRIL 11, 2024

Planning together allows companies to reduce excess inventory that builds up when they plan sequentially. Asking these what-if questions entails assessing the impact on multiple areas, such as packaging, production, inventory, distribution, and of course customers. Has that changed?

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Blue Grace Logistics

SEPTEMBER 8, 2022

The nearshoring trend. Knowledge is power–understanding what’s causing the situation can help reduce stress and enable you to select the best course of action to best move forward. Order volumes will pick back up once companies work through existing inventories and as prices for transportation and fuel continue to decline.

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Logistics Business Magazine

APRIL 24, 2019

Industry analyst Gartner has named its top 8 supply chain technology trends in 2019. The trends, according to Gartner, are: Artificial Intelligence (AI). They cut costs and eliminate keying errors. “We RPA technology reduces human intervention and improves consistency across manual data sources within manufacturing.”.

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GlobalTranz

SEPTEMBER 7, 2018

WHITE PAPER] The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018. Optimizing these processes and eliminating added costs and delays can effectively help companies move toward the two-hour delivery window, explains Adam Robinson of Cerasis. GET YOUR COPY HERE. Download White Paper.

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EazyStock

JUNE 25, 2018

Inventory management. Automated inventory management is nothing new to huge, enterprise-sized companies. However, small- and mid-sized businesses have only recently been investing in this new automation for their inventory management – and many SMBs are still hesitant about investing in this new technology. The most surprising?

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Freightos

JUNE 6, 2023

Listen to the full podcast interview here ) Source: Fort Of course, this stark reality was faced by many small and medium-sized businesses (SMBs) during the peak of the pandemic. Businesses quickly began to notice a different beast: a significant decrease in consumer demand compounded by looming inventory excesses.

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MTS Logistics

MAY 17, 2023

Some of the new changes include better, modernized inventory management platforms used internally at Amazon, quicker delivery times, and more literal capacity. First reported by the Wall Street Journal last week, it’s clear that Amazon is not content with two-day or one-day shipping and wants even faster delivery times.

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Blue Grace Logistics

SEPTEMBER 12, 2022

The nearshoring trend. Knowledge is power–understanding what’s causing the situation can help reduce stress and enable you to select the best course of action to best move forward. Order volumes will pick back up once companies work through existing inventories and as prices for transportation and fuel continue to decline.

Material Savings 62

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Logistics Bureau

JANUARY 21, 2020

Logistics costs have increased substantially for Amazon as it delivers on its promise to cut Prime shipping times in half, while keeping delivery free for shoppers. The necessity to increase inventory levels. The need to move inventory around and adjust networks to be closer to customers. Is One-Day Shipping a Step Too Far?

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