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This Week in Logistics News (January 27 – February 2)

Logistics Viewpoints

The big three US airlines saw their cargo revenues decline last year as rates and volumes came under pressure. United Airlines – the largest of the three in terms of cargo volumes – registered a 31.1 percent year-on-year decline in cargo revenues in 2023 to $1.5bn. percent, or $24.5 billion worth, the survey found.

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Key Tools and Technologies to Build the Warehouse of the Future

DELMIA Quintiq

In this new, connected world, the Warehouse of the Future is about achieving key operational metrics and exceeding customer service requirements more profitably while supporting sustainability goals. This helps in optimizing inventory management as well as in making the warehouse safer while increasing visibility. billion by 2026.

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Understanding Supply Chain Management

SupplyPike

These activities can involve storage and transport of inventory or supplies, monitoring of day-to-day activities, the preparation behind these processes, and blending these different components throughout the supply chain. Five Key Metrics for Monitoring the Impact of Panic Buying on your Supply Chain. Inventory Map.

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Better Ways to Address Trade-Offs with Supply Chain Optimization

Logistics Viewpoints

He had a load full of cotton bales, and while idling away hours at a shipyard watching stevedores load other cargo onto ships he dreamed up containers that transformed global supply chains. One company using this approach was able to invest only $3,000 to purchase additional inventory but generate an incremental revenue gain of $110,000.

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2022: A Look in the Rearview Mirror–Part I

American Global Logistics

We had a hangover from the pandemic: Which led to continued inventory shortages, closures of manufacturing plants in China, congested ports, and underemployment. Cargo planes could not fly out of or into Russia or Ukraine. This metric, referred to as a “Frankenstat” due to its grand scope, has many critics.

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The Importance of a Strong Supply Chain and Logistics Strategy!

Supply Chain Game Changer

In addition to product management, logistics also includes inventory management. Companies can also cut their inventory by up to 22% and improve their bottom line. In order to measure the efficiency of your supply chain, companies must track certain metrics. Metrics help to prioritize activities and improve processes.

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Carrier Capacity Management Levels the Playing Field in a Carriers’ Market

Logistics Viewpoints

The unprecedented cargo logjams off the southern California coast wreaking havoc on supply chains show no signs of waning. Even if much of their sought-after inventory remains stuck at sea, merchants still need to move products that are available, and this brings its own set of relentless challenges.

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