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New Year, New Horizons: Transportation Industry Gets Ready to Take On 2023

Intelligent Audit

Shoppers who purchased from participating merchants can drop off the items they wish to return – no box or label required– at approximately 2,000 FedEx Office locations ,” according to a Dec. As ocean rates continue to plummet, shippers are increasingly diverting freight from air cargo lines to more affordable ocean transportation.

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Experts Discuss How to Streamline Global Supply Chain

Supply Chain Opz

For example, if the supplier has several big name cosmetic industry customers (90% of their business) and you are buying specialty automotive chemicals from them (less than 5% of their business), the supplier will be influenced in the direction of the cosmetic customers and they will get the attention, products and services before you.

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Management of Ocean Transit Time Reliability and Visibility

The Logistics & Supply Chain Management Society

Looking at the share of total weekly sailings being blanked on the Asia-North America West Coast trade, blank sailings clearly improved during 2023 and dropped below 10% in June with a slight uptick in early July., Companies still need to allocate working capital to build safety stocks considering the unreliable transit time.

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23 logistics professionals share the #1 way to reduce logistics costs

6 River Systems

When the appropriate tools are in place for managing uncertainty and ensuring accessibility, institutions have excellent chances to continually generate productivity improvements, increase customer satisfaction and improve financial performance. For example, you can involve a client and several of their suppliers to buy transportation fuel.

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36 innovative companies re-inventing and rethinking supply chain and logistics

6 River Systems

Nike @Nike Morgan Stanley predicts that Nike will move 20% of its production to more automated factories by 2023 to accommodate the new “buy now, wear now” shopping environment and “fast fashion” demand driven by e-commerce. In 2017, the company opened a new distribution center in Indiana to accommodate rapid growth.

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26 logistics professionals reveal the biggest trends in logistics technology

6 River Systems

Christoph Seitz is the Co-Owner of CFR Rinkens , a global leader in the shipping of commercial cargo, specializing in the containerized shipping of motor vehicles. The use of big data and data analytics in the logistics landscape provides excellent opportunities to make informed data-driven purchase decisions. Christoph Seitz.