The one pandemic-era trend that has stuck

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Chart of the Week: Outbound Tender Lead Time, USA  SONAR: OTLT.USA

Tender lead times — the time...

https://www.freightwaves.com/news/the-one-pandemic-era-trend-that-has-stuck

Supply chains have a forecasting problem

High frequency data is the solution to navigating a volatile environment

Warehouses are full of unneeded inventory due to the fact companies like Target and Walmart could not predict demand and production capability effectively. While few companies have come out with a supply chain success story from the past two years, there are lessons to be learned from the gross failure of demand side forecasts.  

The Outbound Tender Volume Index (OTVI) that measures truckload demand did not predict the...

https://www.freightwaves.com/news/supply-chains-have-a-forecasting-problem

Import demand dip hasn’t fully manifested but is sign of things to come

Companies are ordering less goods, which should not be a surprise

Chart of the Week: Inbound Ocean TEU Index, US Customs Maritime Imports TEUs – USA  SONAR: IOTI.USA, CSTEU.USA

The 36% drop in import volumes reported earlier this month has not materialized domestically yet and may not for several months, depending on your place in the supply chain. The Inbound Ocean TEUs Volume Index (IOTI) measures trends in TEU volumes that companies book by departure date from their ports of origin. With an...

https://www.freightwaves.com/news/import-demand-dip-hasnt-fully-manifested-but-is-sign-of-things-to-come

Order lead times plummet as inventories grow and demand uncertainty soars

Shipping lead times fall 23% as companies order less goods with more frequency

Chart of the Week: Ocean TEU Booking Lead Times – All ports to the USA  SONAR: Container Atlas

Order lead times — the time between order placement and expected ship date for containerized imports — have dropped 23% since late April as supply chain managers are forced to change their strategy in an economic environment that is once again in a transitional state. 

Last week, Target reported that it had essentially too...

https://www.freightwaves.com/news/order-lead-times-plummet-as-inventories-grow-and-demand-uncertainty-soars

Former FedEx execs bringing visibility to ‘stock in motion’

In today’s supply chain climate, merchants can be stuck with either stockouts or overstock, both of which leave retailers in a position to lose revenue. Now two former FedEx executives are looking to offer an inventory option they call “stock in motion.” 

With this inventory alternative offered by S+V Technologies, merchants can give consumers an opportunity to purchase items that are in transit to fulfillment centers, eliminating the mystery of when items will be back in stock.

“When shopping...

https://www.freightwaves.com/news/former-fedex-execs-bringing-visibility-to-stock-in-motion

Inventory growth hits all-time high as warehouse prices soar in latest LMI

Chart of the Week: Logistics Managers’ Index – Inventory Levels, Inventory Costs, SONAR: LMI.INVL, LMI.INVC

The February Logistics Managers’ Index (LMI), which measures directional changes in transportation and warehousing activity, showed inventories growing at the fastest pace since the index was created in 2016 with a monthly value of 80.16. With companies finally making significant headway in restocking, orders may begin to slow, which may allow for supply chains to stabilize.  

Companies...

https://www.freightwaves.com/news/inventory-growth-hits-all-time-high-as-warehouse-prices-soar-in-latest-lmi

Import activity shows how uncertain companies are about 2022

Chart of the Week: Inbound Ocean TEUs Volume Index – USA SONAR: IOTI.USA

The Inbound Ocean TEUs Volume Index (IOTI) measures bookings or shipping orders for twenty-foot equivalent units by estimated time of departure from the ports of origin on a daily basis. This index is a leading indicator of domestic shipping and warehousing activity. Over the past four months, the index’s high and low ranges have become much wider as importers struggle to navigate supply chain delays and ensure inventory...

https://www.freightwaves.com/news/import-activity-shows-how-uncertain-companies-are-about-2022

Linnworks’ new funding will enable an effortless economy

Linnworks secures majority growth investment from Marlin Equity Partners to boost commerce automation platform

People hate doing things themselves. Today we have cars that are self-driving, microwaves that are self-cleaning, thermostats that are self-adjusting – even ​​sentences that are self-completing. Automation is just about everywhere, from the streets we drive on to the stores we shop at, but there’s still a long way to go before we reach the ceiling of what it can do.

Linnworks is bringing that ceiling closer to reality. On Wednesday, the commerce automation company announced a new majority...

https://www.freightwaves.com/news/linnworks-new-funding-will-enable-an-effortless-economy

Will rising warehouse and inventory costs feed trucking demand?

Chart of the Week: Logistics Managers Index – Inventory Levels, Warehouse Capacity SONAR: LMI.INVC, LMI.WHCP

Inventory costs are growing at the fastest rate in years while warehouse capacity continues to shrink at a near record pace, according to the Logistics Managers Index (LMI). In 2019 shippers crammed warehouses with imports to get around tariffs, coinciding with a slowdown in the freight market. Could rapidly increasing warehousing costs and shrinking warehouse capacity push shippers to...

https://s29755.pcdn.co/news/will-rising-warehouse-and-inventory-costs-feed-trucking-demand

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