5 Key Takeaways from our 2021 Inventory Optimization Survey
AIMMS
APRIL 26, 2021
The post 5 Key Takeaways from our 2021 Inventory Optimization Survey appeared first on AIMMS.
Beware the Swinging Pendulum on Supply Chain Inventory Practices
Logistics Viewpoints
FEBRUARY 3, 2022
Supply shortages resulting in empty shelves or parking lots of WIP inventory represent a spectre causing supply chain leaders to reconsider supply chain inventory practices. Opinion of just-in-time (JIT) as a practice has taken a battering and inventory is rising. Is supply chain inventory the problem?
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The role of inventory management and inventory optimization in ERP
SYSPRO Smarter ERP
NOVEMBER 21, 2022
Inventory management is important because it provides a buffer to balance out the uncertainties between demand and supply. However, while it can be viewed positively, holding inventory also creates problems. As an asset on a company’s balance sheet, reduced inventory results in a higher return on assets.
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Survey Shows Supply Chain Decision-Makers Prioritize Inventory Turnover
Supply Chain Brain
MARCH 26, 2024
77% of of supply chain professionals said they prioritize inventory turnover, while 57% highlighted the need for forecast accuracy.
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What Inventory, Order Volumes Could Mean for Holiday Freight
Blue Grace Logistics
NOVEMBER 3, 2023
Glenn Taylor | Sourcing Journal November 02, 2023 In an improving sign for the retail supply chain, the majority of shippers surveyed by third-party logistics (3PL) provider BlueGrace Logistics—64.4 Although more shippers anticipate revenue fluctuations negatively affecting inventory in Q4 (16.4 percent compared to Q3’s 13.3
How manufacturers and distributors can improve inventory management
SYSPRO Smarter ERP
MAY 4, 2022
Complete halts result in backlogs and delays, which will impact warehouses and more importantly, their inventory management. Inventory takes many forms, ranging from raw materials to finished goods. Inventory exists because a buffer is needed to balance out the uncertainties between demand and supply. Survey findings.
Show Me the Money: MH&L’s 2018 Salary Survey
Material Handling and Logistics
FEBRUARY 19, 2018
Our annual salary survey reveals that the typical material handling and logistics professional earns $93,697. inventory/materials manager with a food & beverage manufacturer with 26-30 years of experience, living in the Middle Atlantic region and earning $107,000. Show me the money.”. The Nature of the Job.
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What Shippers and Retailers Need to Know for Peak Season Planning 2022
The Logistics of Logistics
JUNE 23, 2022
In addition, retailers are struggling to move inventory initially ordered in the first quarter of 2022 to make way for back-to-school and holiday merchandise. The survey also found that although many companies have arranged international shipments early this year, most continue to rely on the spot freight market to move goods.”.
2022 Warehouse/DC Operations Survey: Recalibrating operations and spending
Logistics Management
NOVEMBER 7, 2022
The bigger picture revolves around continued struggles with upstream supply chains, inventory management and space. Capital expenditure expectations for the coming year declined, though there are still signs of sizable automation budgets and interest in warehouse technology.
Analyzing the cost of container scarcity and port congestion on freight operations – market survey & results
Shipping and Freight Resource
APRIL 14, 2021
With their inventories drawn down during the consumption frenzy, shippers continued to move freight over the China-US West Coast trade lane, ensuring tight capacity and continued vessel pileup at the ports. A report will be developed based on the survey responses and will be sent out to the respondents’ email addresses upon release.
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Q2 2025 Index Reflects Rising Confidence Amid Economic Uncertainty
Blue Grace Logistics
MARCH 12, 2025
It adds that by analyzing revenue forecasts, inventory levels, and order volumes, the index provides industry stakeholders with valuable insights into what to expect in the next quarter and how these trends reflect the freight market. This combination of factors has bolstered revenue expectations despite ongoing economic uncertainties.
2021 Warehouse/DC Operations Survey: Automation as a Disruption Response
Logistics Management
NOVEMBER 2, 2021
But underneath those positives are strains, led by concerns about labor and inventory turns. Capex budgets and headcount are both up amid signs of expansion. Applying more technology, say respondents, is the path forward.
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Inventory – the Next Normal
Logistics Business Magazine
NOVEMBER 28, 2022
A new survey suggests that a single view of inventory is becoming increasingly important in retail logistics. Single view of inventory. And, only 6% of retailers believed that they had an accurate overview of their inventory across their entire business (in-store and online) 100% of the time.
10 Ways to Save in Global Forwarding Supply Chain
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JANUARY 29, 2019
A recent survey of supply chain executives reported that visibility (21.1%), fluctuating consumer demand (19.1%), and inventory management (13.2%) were their biggest challenges.
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Future-Proof Logistics Warehouses with Flexibility and Throughput
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JANUARY 9, 2025
Each client may have unique workflows, inventory characteristics, and throughput requirements. High throughput ensures swift inventory movement, reduces time to market, and enhances cash flow. Past board positions include Yodle, Virtual Computer, Bidding for Good, Skill Survey, Influitive, Ntirety, Blue Raven, and Centive.
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Supply Chain Basics with Jason Miller
The Logistics of Logistics
SEPTEMBER 12, 2020
He was recognized as the undergraduate faculty member who had the greatest impact on students based on the 2017 graduating senior survey. The department educates students to succeed in careers such as procurement, manufacturing, inventory management, warehousing, transportation, and customer service. Inventory management.
Cyber Security Risk for Supply Chain Software
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The survey of 200 IT decision-makers and cybersecurity leaders across the UK comes at a time when critical infrastructure attacks are increasing, particularly those targeting government, education and healthcare industries. Worryingly, it took more than two in five of organisations more than a week to recover.
RFID Streamlines Store Inventory Management
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JANUARY 19, 2023
Manhattan Active® Omni suite has expanded its support of RFID tags for automating and streamlining the inventory counting, receiving, picking, checkout, return and exchange processes. With this new solution, retailers can make more accurate promises, increase conversion rates and maximise inventory exposure for selling.
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2023 Supply Chain Priorities, Perceptions, and Initiatives – Preliminary Results
Logistics Viewpoints
FEBRUARY 15, 2023
Results from The Conference Board’s C-SUITE OUTLOOK survey showed supply chain disruptions, labor shortages, and rising inflation to be 3 of the 5 high impact external factors on the minds of CEOs. Here are some preliminary survey results thus far. There are numerous indications that supply chain is more critical than ever.
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Uncertain US Shippers Shifting Freight, Altering Inventory Strategies
Blue Grace Logistics
OCTOBER 9, 2023
Cassidy | JOC.com September 25, 2023 US shippers uncertain about sales and order volumes this holiday season are likely to increase less-than-truckload (LTL) shipments despite lower truckload rates, data from an industry survey suggests. Everyone is sitting on a tremendous amount of inventory,” Lockard said. 31 earnings call.
2023 Mid-Year Check-In: Current Status of Supply Chains and What’s Next?
Logistics Viewpoints
JUNE 21, 2023
It introduced the survey we had just launched to determine the perceptions, priorities, and strategic initiatives of today’s supply chain and logistics executives. This post was subsequently followed by two articles that discussed some of the findings from the survey. And they must be capable of adapting to various demands.
What Does 2023 Have In-Store for Global Supply Chains? Resilience, Efficiency, Responsiveness, or Widespread Dysfunction?
Logistics Viewpoints
FEBRUARY 1, 2023
The Conference Board ( conference-board.org ), a well-known, global business membership organization, conducted its C-SUITE OUTLOOK survey in the fall of 2021. Its survey results showed supply chain disruptions, labor shortages, and rising inflation to be 3 of the 5 high impact external factors on the minds of CEOs.
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Editor’s Choice: 5 Steps to Creating a Profitable Same-Day Fulfilment
Logistics Viewpoints
JUNE 16, 2022
According to a survey by Gatepoint Research, 40% of retailers are focusing on this as one of their 2022 priorities. Step One: Right Inventory in the Right Location. To provide this service, inventory must be close to the customer therefore stores are fast becoming a key part of the digital experience.
Top 5 manufacturing CFO priorities for 2022
SYSPRO Smarter ERP
JANUARY 31, 2022
We recently surveyed CFOs and finance executives in the manufacturing and distribution sectors to study how the pandemic has impacted their businesses. 2. Managing working capital, cash flow, and inventory costs. investments), cash flow, and rising inventory costs rank as the second-highest CFO priority for 2022.
Robotic Process Automation in Supply Chain
Logistics Viewpoints
JULY 24, 2024
Today’s article is the fifth part in a series featuring surveys from APQC on supply chain topics including ESG in supply chain , environmental sustainability , last mile , digital transformation. Survey respondents are second most likely to have implemented Robotic Process Automation in sourcing and procurement (20 percent).
New BlueGrace Logistics Index highlights industry sentiment for Q3 inventories, revenues, and orders
Blue Grace Logistics
JUNE 27, 2023
based non-asset-based 3PL BlueGrace Logistics, pointed to variation across some key metrics, including revenue, inventory levels, and order levels, with a forward-looking slant. Markets could be driven by increased consumer demand or increased sales/promotions to clear stagnant inventory, or both.
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Supply Chain Sustainability Gathers Steam
Logistics Viewpoints
MAY 25, 2021
Though corporations are starting to pay attention to supply chain sustainability, less than half of those surveyed in the CSCMP report know how to make their processes more sustainable. For retailers, supply chain sustainability is part of the conversation about inventory.
Red Sea Crisis and Early Peak Season Surge Disrupt Global Supply Chains for some SMBs
Freightos
JULY 24, 2024
In July, Freightos conducted a survey of over 100 small business importers and exporters, primarily from the United States, who utilize the Freightos.com marketplace for international freight. The survey aimed to explore the impact of these changes on their operations.
Hurricane Milton Poses ‘Big Ripple Effect’ for Supply Chains
Blue Grace Logistics
OCTOBER 11, 2024
Port Everglades’ landside operations resumed Thursday morning and waterside operations are expected to resume Thursday, pending channel and berth damage surveys. Both ports are scheduled to reopen Friday, pending damage and safety assessments.
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The Impact of Visibility In Fireproofing Inventories Against Volatility
Blue Grace Logistics
JULY 13, 2021
Digitalization ensures supply chain connectivity by allowing enterprises to engage and communicate more effectively, improving predictions, demand, inventory, and shipments. According to the survey, only 2% of organizations said that they were well prepared for the pandemic. Inventory Optimization. Workforce Visibility.
BlueGrace Logistics Confidence Index Has an Optimistic Outlook, for the Fourth Quarter
Blue Grace Logistics
AUGUST 30, 2023
And it added that by analyzing revenue forecasts, inventory levels, and order volumes, it provides industry stakeholders with valuable insights into what to expect next quarter and how that reflects the freight market. For inventories, BlueGrace observed that positive inventory sentiment saw an 11.9% growth rate. growth rate.
Signs of Q1 optimism are seen in BlueGrace Logistics Confidence Index
Blue Grace Logistics
DECEMBER 11, 2023
-based non-asset-based 3PL BlueGrace Logistics presented a mixed outlook, regarding things like revenue outlooks and inventory rebuilding, heading into 2024. Current demand is high enough to reduce some inventory and therefore lead to some add backs in Q1 2024,” he said. This also supports an inventory rebuilding environment.”
Navigating Uncharted Waters: Out of the Fort and Into the Moat
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?
Logistics Confidence Index Unlocks Growth Potential
Blue Grace Logistics
JUNE 23, 2023
By analyzing revenue, inventory levels and orders, shippers can gain a comprehensive understanding of market dynamics and position themselves strategically for success. Q3 reveals a positive trend in anticipated revenue, with only a 4% decrease reported across all shippers surveyed. Inventory optimization.
Digital Transformation in Logistics
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.
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The Order Fulfillment Upheaval – An Omni-Channel Perspective
Logistics Viewpoints
JUNE 23, 2021
An understanding of these dynamics was the goal of ARC’s survey-based research conducted with DC Velocity earlier this year (see DC Velocity Infographic in June 2021 issue). Our survey was conducted with respondents across manufacturing, wholesale, retail, and logistics service provider (3PL) sectors.
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AI in manufacturing
SYSPRO Smarter ERP
JULY 2, 2024
A 2023 survey by McKinsey reported that 79 percent of all respondents had at least some exposure to gen AI, either for work or outside of work. Logistics and inventory management: AI solutions can analyze historical data on supply chain operations, including inventory levels, demand patterns, transportation costs, and supplier performance.
Logistics and Supply Chain – 1940 to 2040 with Jason Miller
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AUGUST 11, 2021
He was recognized as the undergraduate faculty member who had the greatest impact on students based on the 2017 graduating senior survey. The department educates students to succeed in careers such as procurement, manufacturing, inventory management, warehousing, transportation, and customer service.
How manufacturers and distributors can address supply chain management challenges
SYSPRO Smarter ERP
MARCH 21, 2022
Several surveys have reported how SCM in recent years has moved from being a cost center to one responsible for offering superior customer experience and delivering competitive advantage. Primarily this meant increasing inventories as opposed to other strategies like nearshoring. How Supply Chain Management is changing.
Winning the Race, Fleet Feet Implements Autonomous Mobile Robots
Logistics Viewpoints
FEBRUARY 17, 2025
According to a survey of 250 global companies by the consulting firm McKinsey, 91% of shippers and 75% of logistics service providers have implemented a warehouse management system. Improved inventory accuracy in the warehouse Because of the increases in picking efficiency, workers were freed up for new tasks.
Analytics in Supply Chain Management Becomes Central As Coronavirus Escalates
IoT World Today
MARCH 27, 2020
Manufacturing companies that have relied on China for production materials are feeling the blowback of this dependence; some retailers source more than half their inventory from China, according to 2020 Statista data. And more than half of electronics manufacturers anticipated up to four weeks in supply chain delays.
Companies See Strongest Working Capital Performance Since Recession
Material Handling and Logistics
JULY 24, 2018
However, their ability to collect from customers and manage inventory actually both deteriorated, masked by a significant increase in the time companies take to pay suppliers, according to the latest Working Capital Survey results from The Hackett Group. days and Days Inventory On hand (DIO) rose by just 0.6% to 51 days.
Turning Supply Chain Data into Business Intelligence
3PL Insights
AUGUST 16, 2021
But how do we turn inventory management data and other key metrics into business intelligence? The account activity looks at inventory patterns. It also tracks the inventory turn rate. The turn rate is an important metric for measuring inventory management and sales. Please take this 4-minute survey.
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