The Logistics & Supply Chain Management Society

JULY 21, 2020

This has proved to be a major source of risk. Poor business continuity planning, lack of risk management programs and single source suppliers, have magnified the impact of such risks. The short-term strategy to build resilience, is to focus on three major elements, essential to keep freight moving. .

Supply Chain Planning Software 233

Supply Chain Planning Software Supply Chain Software Supply Chain Design Software Agile and Lean Supply Chain 233

The Logistics & Supply Chain Management Society

AUGUST 20, 2020

Other rising concerns to be addressed, “suppliers were single-sourced, and there is a general lack of risk assessment that results in companies not being able to switch to alternative routing.”. Vivien Cheong shared the recent shift in freight buyers’ behaviour, “We are seeing freight purchase being commoditized.

Security 130

Security Supply Chain Planning Software Supply Chain Software Supply Chain Strategy 130

The Logistics & Supply Chain Management Society

SEPTEMBER 25, 2020

Slowing demand means 6% lower imports from the GCC vs 2019 and 10% lower than 2020 forecast before the virus outbreak.” Supporting localisation – To increase resilience, means to decentralise sourcing. Work-from-Home, Trust & The Friday Factor – LogiSYM September 2020.

Chemicals 113

Chemicals Saudi Arabia Cost Reduction Strategies Inventory Reduction 113

Freightos

JUNE 15, 2021

Disclaimer: This article is a zoom out for the less freight-inclined. If you have a deeper understanding of freight, you might want to check out our Freightos Baltic Index daily container index instead. Let’s talk freight. . And it’s not just ocean freight. More freight costs, higher consumer costs.

Global 395

Global Supply Chain Price Reduction Supply and Demand 395

Freightos

OCTOBER 31, 2022

Since early 2020, global trade has been buffeted by waves of increased customer demand, supply chain challenges, and constant uncertainty and volatility. Since early 2020, the supply chain ramifications of COVID have been a rollercoaster for businesses of all shapes and sizes. But then global freight kicked in. .

Supply Chain Planning Software 156

Supply Chain Planning Software Supply Chain Planning Supply and Demand Supply Chain 156

CH Robinson Transportfolio

JANUARY 29, 2020

2020 brings balance. As we begin 2020, we can anticipate more balance in the transportation marketplace, according to industry sources. Most analysts are thinking we might start to feel some market parity in the second half of 2020. . At the beginning of 2020 we’ve hit an interesting spot! How to succeed in 2020.

Price Reduction 44

Price Reduction Freight Forecasting Purchasing Skills 44

Supply Chain Game Changer

DECEMBER 15, 2020

Our 2020 Top 10 List! It is a must read place source for Professionals, Students and Experts alike. Continuing in our tradition of years past we present here our 2020 Top 10 List Part 2. Here’s our list of our Top 10 articles of 2020, for the second half of the year: 10. The post Our 2020 Top 10 List Part 2!

eBook 98

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Logistics Viewpoints

DECEMBER 6, 2023

Media sources are filled with prognostication. The chart below shows that the index decreased to a value below zero earlier this year, for the first time since 2020. The Freightos Baltic Index: Global Container Freight Index shows that rates over the last six months are in-line with the historic average between 2016 and 2020.

Predictive Analytics Software 267

Predictive Analytics Software GEP Supply Chain Software Price Reduction 267

6 River Systems

JULY 29, 2020

This compilation is based on the most currently available company revenue data (between 2018 and 2020) without factoring in any other metric. Revenue data is sourced from the companies’ websites and market research platforms such as Macrotrends. Read on to learn more about the top revenue-earning 3PL warehousing companies in 2020.

Warehousing 111

Warehousing 3PL Company Third Party Logistics 111

Logistics Viewpoints

JANUARY 20, 2023

For the first time since 2020, I was back in New York City for the NRF Big Show. In September 2022, Macy’s rolled out its first-ever wood-sourcing policy for its furniture sales after more than 150 years in business. It requires the use of responsibly sourced wood or recycled or reclaimed materials.

Logistics Network Optimization Software 192

Logistics Network Optimization Software Logistics Supply Chain Planning Software India 192

ToolsGroup

APRIL 1, 2022

In Fortune 500 earnings calls for Q3 of 2021, “supply chain” mentions were up 412% from Q3 in 2020. Thanks to container prices rising as much as 600%, money that could be used for advertising went to freight companies instead. Source: Consultancy.UK. Image source: Fortune. higher than 2020. Consultancy UK).

Material Savings 207

Material Savings Purchasing Skills Supply Chain Planning Software Manufacturing Procurement 207

Zipline Logistics

JANUARY 16, 2020

Right now, we are seeing a few emerging beverage trends and food trends in 2020 coming down the pike. As we head into 2020, it is now Gen Z who is poised to be the largest consumer group in the globe accounting for “$29 to $143 billion” in direct spending, according to an article in Forbes. Source: [link]. Source: [link].

Beverage 52

Beverage Food Trends Freight 52

Freightos

OCTOBER 26, 2020

The following is a 5,000 word exploration of Maersk’s strategic shift to end-to-end logistics services, based on open sources. Demand for ocean freight was lower than anticipated, and Hanjin Shipping, another top ten ocean liner, was already teetering on the verge of bankruptcy. The Freight Game of Thrones.

Logistics Network Optimization Software 287

Logistics Network Optimization Software Supply Chain Design Software Supply Chain Planning Software Price Reduction 287

Intelligent Audit

MAY 12, 2022

Often, the general public’s view of freight transportation is similar. The Bureau of Transportation Statistics reported that, “Freight shipped across the U.S. from pre-pandemic February 2020 ($95.95B).” The Bureau of Transportation Statistics reported that, “Freight shipped across the U.S.

Freight 52

Freight Rail Software Analytics Software Price Reduction 52

Zipline Logistics

JUNE 29, 2021

The freight market has been on the receiving end of several systemic shocks that continue to affect industry providers and shippers alike. And when you add in the current labor and commodity shortages along with an inflationary environment, it is apparent why freight rates have been steadily climbing.

Freight 91

Freight Trends Los Angeles Manufacturing Procurement 91

Logistics Viewpoints

FEBRUARY 26, 2024

Prior to 2020, they were paying around ten cents a mask. During 2020, Cooper was paying up to a $1.50 2020 it was just a scramble for PPE,” Dr. Runkle explained. “We Everything from contrast dye, to tubing, to medical devices with embedded semiconductor chips would suddenly become difficult to source.

Supply Chain Planning Software 249

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Pharmaceutical 249

Supply Chain Matters

APRIL 7, 2023

freight rates have reached their lowest levels in nearly six years. In essence, it is confirmation of a freight recession condition. Freight Rates Reach Six Year Low Milestone first appeared on The Ferrari Consulting and Research Group / Supply Chain Management. percentage points below the February value of 54.7,

Freight 52

Freight Manufacturing Procurement Supply and Demand Nevada 52

GlobalTranz

SEPTEMBER 23, 2021

High freight volumes across all industries in the trucking market are expected to continue into 2022.? The added strain on resources is on track to force high freight volumes to continue well into the next year. on-highway diesel fuel prices are up $0.898 from the end of August 2020. Carrier Vetting for OTR Freight.

Prescriptive Analytics Software 308

Prescriptive Analytics Software Optimal Sourcing Pricing Training Negotiating Skills 308

Intelligent Audit

APRIL 25, 2022

Freight audit data has long been a critical pillar for shippers dealing with domestic and international parcel shipping. With major ports such as Shanghai locking down, ocean congestion is only likely to worsen, leading to higher freight charges and more issues with supply shortages. A Review of Common Freight Charges.

Freight 52

Freight Optimal Sourcing Predictive Analytics Expense Reduction 52

The Logistics & Supply Chain Management Society

MARCH 16, 2021

Without a doubt 2020 will be etched in our memories as the year of multiple disasters, with the Covid-19 pandemic, trade issues between the US and China, wildfires in Australia, social unrest in Hong Kong, drastic declines in oil prices, turbulent financial markets and other politically dominated issues in emerging markets.

Pharmaceutical 246

Pharmaceutical Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Software 246

CH Robinson Transportfolio

JANUARY 6, 2020

Now that the fireworks are over and New Year’s resolutions are set, it’s time to prepare for global shipping in 2020. One thing’s for sure, freight forwarding never has a dull moment. . Preparation for International Maritime Organization (IMO) 2020. Ocean service in 2020. Air service in 2020.

Trends 44

Trends Shipping Global Cost Reduction Strategies 44

Zipline Logistics

JANUARY 4, 2021

After a tumultuous 2020, the trucking market may be setting up for a bit more stability in the 12 months ahead. It was a tale of two freight markets during the past year due to the global pandemic that reshuffled consumption and commerce. Typically, freight volumes fall off substantially after the holiday peak season.

Freight 52

Freight Purchasing Skills Logistics Network Optimization Software Trends 52

The Logistics of Logistics

NOVEMBER 11, 2022

The company combines the power of aggregated market data and historical data with advanced machine learning techniques to deliver short-term, predictive freight market pricing specific to a company’s individual buying and selling behavior. Faster, Better Freight Quotes with Dawn Salvucci-Favier. Greenscreens.ai Greenscreens.ai

Price Reduction 185

Price Reduction Logistics Network Optimization Software Predictive Analytics Software Sourcing Strategies 185

GlobalTranz

APRIL 30, 2021

CVSA-certified inspectors will commit a blitz of inspections across North America, creating a sudden strain on resources for both domestic and cross-border freight. The best way to avoid disruption is to source and have readily available resources to expand capacity at a moment’s notice. What Can Shippers Do About the Safety Blitz.

Resource Reduction 297

Resource Reduction Waste Reduction Capacity Supply Chain Design Software 297

Zipline Logistics

OCTOBER 5, 2021

According to a Logistics Management survey of industry professionals, “there is a strong sentiment that the 2021 Peak Season will be more active than it was a year ago, with 79% of respondents indicating that will be the case, with 16% contending it will be similar to 2020, and 5% expecting it to be less active.”. 8% after a decline of.1%

Freight 52

Freight Long Beach Capacity Supply and Demand 52

Zipline Logistics

MARCH 30, 2021

Following an unprecedented downturn, the freight market has posted an almost full calendar year of impressive growth spurred by demand from a few sectors of the domestic economy. The second half of the past quarter was highly atypical and posted freight volumes that vastly exceeded those generally seen during peak season.

Freight 52

Freight Manufacturing Procurement Los Angeles Purchasing Skills 52

Logistics Viewpoints

MARCH 3, 2021

GlobalTranz, a logistics service provider, put out a press release on February 23rd where they mentioned that they had achieved 40% growth in revenue, fourth quarter of 2020 compared to the fourth quarter of 2019. GlobalTranz’s main service lines are freight brokerage – less-than-truckload and truckload – and managed transportation services.

Logistics Network Optimization Software 245

Logistics Network Optimization Software Negotiating Skills Negotiate Pricing Report 245

Logistics Bureau

DECEMBER 9, 2019

2020 Supply Chain and Logistics Trends: What’s Around the Corner? As 2020 moves closer, one concept that I’m hearing discussed more and more in discussions and appearing online is that of the circular supply chain. Happily, though, that’s not something you can expect to change in 2020. It’s that time again… Well, almost!

Logistics Network Optimization Software 96

Logistics Network Optimization Software Supply Chain Software Trends Agile and Lean Supply Chain 96

Resilinc

NOVEMBER 2, 2021

In the race to fill distribution centers and store shelves with inventory for the holidays, some of the world’s largest retailers and ecommerce sellers are jumping ahead of smaller competitors by chartering ships, shifting freight to air, re-rerouting inland shipments, and hiring more staff for distribution centers and other supply chain nodes.

Inventory Reduction 62

Inventory Reduction Retail Cost Reduction Strategies Resource Reduction 62

ToolsGroup

JANUARY 13, 2021

Just when things couldn’t possibly get any crazier, 2020 finally came to a close. We’ve found our customers are urgently seeking ways to better plan around supply chain demand volatility and improve how they source materials and products from suppliers. Published 10 November 2020 – ID G00735109.

Supply Chain Planning Software 272

Supply Chain Planning Software Predictive Analytics Software Supply Chain Planning Scenario Planning 272

Intelligent Audit

NOVEMBER 5, 2020

And that’s without considering the unprecedented demand of the 2020 peak season. A well-thought-out freight analytics plan can make all the difference in maximizing profits, reducing costs, and staying ahead of the competition. Several other factors can play into the growing shift toward data-driven freight management.

Analytics Software 52

Analytics Software Analytics Supply Chain Design Software Supply Chain Planning Software 52

GlobalTranz

APRIL 6, 2021

If your company’s supply chain survived 2020 and the disruptions of early 2021, it’s safe to say it has passed the resiliency test. Supply chain disruption has many sources: tariffs and trade disputes, natural disasters, pandemics, economic uncertainty and cybersecurity attacks. 2020 Was A Year Of Supply Chain Disruption.

Supply Chain Planning Software 189

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Supply Chain 189

Stord

MAY 8, 2024

It's important to partner and select the right technology partners that can take on the role of many disparate systems - this will ensure a less complex architecture and a source of truth. However, growth should be 'intelligent,' avoiding pitfalls made in 2020 through 2022.

Optimal Sourcing 158

Optimal Sourcing Logistics Network Optimization Software Supply Chain Planning Software Optimization Software 158

The Logistics of Logistics

FEBRUARY 16, 2022

The company combines the power of aggregated market data and historical data with advanced machine learning techniques to deliver short-term, predictive freight market pricing specific to a company’s individual buying and selling behavior. Faster, Better Freight Quotes with Dawn Salvucci-Favier. Greenscreens.ai Greenscreens.ai

Price Reduction 179

Price Reduction Logistics Network Optimization Software Predictive Analytics Software Sourcing Strategies 179

Freightos

NOVEMBER 11, 2021

More on Maersk’s transition to an end-to-end provider can be found in this 2020 report. Late 2021 saw Maersk continue to shift towards vertical integrations, with acquisition of Senator, a German freight forwarder for $644 million dollars. While Facebook is looking at virtual reality, Alibaba and Amazon are looking more at freight.

Price Reduction 177

Price Reduction Logistics Network Optimization Software Cost Reduction Strategies Expense Reduction 177

The Logistics of Logistics

FEBRUARY 1, 2023

In early 2020 he left his executive role to embark on a professional passion project, FreightVana, one that he Co-Founded with a life-long friend and business partner John Gamero. Shannon is an avid golfer, coach, competitor, and happily married father of five.

Logistics Network Optimization Software 179

Logistics Network Optimization Software Phoenix Arizona Transportation 179

The Logistics & Supply Chain Management Society

MARCH 14, 2023

Logistics Procurement – Performance Management by LSCMS Shippers’ Council Shortly after the outset of COVID, in early 2020, supply chains have been disrupted across the globe. Rates are now starting to stabilise and for ocean freight especially, we are seeing rates closer to pre-COVID levels.

Optimal Sourcing 130

Optimal Sourcing Logistics Network Optimization Software Procurement Logistics 130