IT gap in logistics

Supply Chain Movement

Are logistics service providers really moving with the times when it comes to IT? But the gaping void between what logistics service providers offer in terms of IT expertise and what clients demand from them has become smaller and is stabilising, according to the 20th edition of the annual ‘ThirdParty Logistics Study’ conducted by Capgemini and America’s Penn State University, among others. I sometimes wonder.

Omni-Channel’s Ripple Effect on Transportation

Logistics Viewpoints

Indeed, by 2002, Best Buy was saying more than half of its customers were checking its website before coming to the store. Guest Commentary Omni-channel logistics Supply Chain Convergence Transportation Management Systems omni-channel logistics supply chain conversion TMS TransportationWhen Transportation Optimization and New Shopping Behaviors Collide One needs to go back to the early 2000s to see green shoots of modern omni-channel retail.

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This Week in Logistics News (June 23-27, 2014)

Talking Logistics

The last shutdown occurred in the fall of 2002, as retailers were preparing for the Christmas holiday period. If you haven’t been preparing for this risk, ideally since the end of the last shutdown in 2002, there’s very little you can do now at the 11th hour. The post This Week in Logistics News (June 23-27, 2014) appeared first on Talking Logistics with Adrian Gonzalez.

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Podcast: Dave Anderson on the Evolution and Future of Logistics

Requis

On the third episode of Supply Chain Next we speak with Dave Anderson, someone we have no trouble describing as a logistics visionary. Throughout his career, Dave has been on the leading edge of logistics and supply chain forecasting and strategy. Dave and his partner Dan Dershem started Supply Chain Ventures LLC in 2002 – just after the internet investing bubble burst. Logistics

Podcast: Dave Anderson on the Evolution and Future of Logistics

Requis

On the third episode of Supply Chain Next we speak with Dave Anderson, someone we have no trouble describing as a logistics visionary. Throughout his career, Dave has been on the leading edge of logistics and supply chain forecasting and strategy. Dave and his partner Dan Dershem started Supply Chain Ventures LLC in 2002 – just after the internet investing bubble burst. Logistics

[Infographic] 21st Third Party Logistics Study Shows Increased Use of 3PLs & Shippers

Cerasis

Third-party logistics providers are evolving in the wake of changing politics, increased public scrutiny and demand for more value-based, not asset-based, services. At the close of 2016, the 21 st Annual Third-Party Logistics Study found the overall use of third-party logistics providers ( 3PLs ) is increasing, but the types of logistics services utilized indicate the industry is entering a shift in how it operates. 3PL Logistics

Insights from Kenco Customer Summit 2015

Talking Logistics

I attend and speak at many supply chain and logistics conferences throughout the year, but among my favorites are those that bring a relatively small group of executives together to discuss timely and important industry topics. The other session leaders were: Brian Devine, SVP at ProLogistix , on trends in logistics labor market. Kristi Montgomery, VP at Kenco Innovation Labs , on logistics innovation trends. Trends in Logistics Labor Market.

Study Shows Two-Thirds of Companies Yet to Execute Digital Transformation in Supply Chain Planning

ToolsGroup

Founded in 2002, Spinnaker is a supply chain services company that helps clients grow, manage risk, reduce costs, and improve customer service by developing world-class supply chain capabilities. Our services help clients develop the right supply chain strategy for their business challenges and implement the process and technology solutions to improve Demand/Supply Planning, Procurement and Sourcing, Logistics and Warehousing, and Reverse Logistics business performance.

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Laboratory Experiments in Supply Chain Research

SCM Research

Smith was awarded the 2002 Nobel Memorial Prize in Economic Sciences “for having established laboratory experiments as a tool in empirical economic analysis, especially in the study of alternative market mechanisms” In its recent issue, the Journal of Business Logistics had the great privilege to publish an article by Cary Deck and him, in which these ideas were applied to our field: Using Laboratory Experiments in Logistics and Supply Chain Research.

Ready For the Next Port Crisis?

Talking Logistics

Those same words were said when the ports were shut down for 10 days in 2002 , and again in December 2012 when 600 clerks went on strike , shutting down the ports of Los Angeles and Long Beach for 8 days. appeared first on Talking Logistics with Adrian Gonzalez. Supply Chain & Logistics Trends Transportation Management American Association of Port Authorities JOC Journal of Commerce port productivity West Coast ports

Ocean Ports Lead the Way in Logistics Technology Advancements

Material Handling and Logistics

million during the period 2002 through 2017. A challenge facing logistics organizations in today’s economy is the lack of personnel possessing the necessary logistics operations skills. The Port of Virginia is partnering with local academia, specifically Old Dominion University (ODU) in Norfolk, to train future maritime logistics employees. He is a retired Marine Colonel, logistics specialist.

What does increasing regulatory oversight mean for the pharma supply chain?

The Network Effect

Due to more complex supply chains, policy makers worldwide are enforcing stricter regulations for manufacturing and logistics. Within a decade, the number of FDA warning letters sent to medical device manufacturers has increased threefold, from 61 letters in 2002 to 181 in 2012 (EC A 2012). Challenges for the life sciences industry will have many consequences for logistics within the sector.

Nearshoring & Reshoring Will Continue to Increase Thanks to these Main Benefits

Cerasis

These recall counts point to sizeable growth over the past decade in the recall notices of Chinese-made consumer goods from 58 in 2002 to 153 in 2014. Logistics Manufacturing reshoring nearshoringTake a moment to think about offshoring. Offshoring is basically when a company moves manufacturing to a foreign country in an attempt to save money. For a time, this model of manufacturing seemed to be the paragon of effective business.

Top 25 3PL warehousing companies in 2020 (by revenue)

6 River Systems

Third-party logistics companies ( 3PLs ) specialize in distribution, warehousing and fulfillment services. The core competency of these companies is logistics , and they do it well. FedEx set out to become a global logistics player as a full-service freight operator.

What’s New with MMOG/LE Version 5?

QAD

The Automotive Industry Action Group (AIAG) and Odette International are releasing the fifth version of the Materials Management Operations Guideline/Logistics Evaluation (MMOG/LE) assessment this summer. The MMOG/LE assessment has been a go-to document for automotive supply chain best practices for thousands of global Tier 1 and Tier 2 suppliers since its first publication in 2002. What is MMOG/LE?

WMS Selection: What Drives an Investment in a Warehouse Management System? 5 Considerations

Cerasis

A 2002 Material Handling and Logistics magazine article cited multiple problems with WMS implementation. The demand for seamlessness in omni-channel supply chains increases more as time progresses. Companies are looking for ways to stay competitive and meet the demands of their customers. In reality, this means keeping costs as low as possible and still offering more products across more devices and shopping options.

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How the Coronavirus May Affect Your Supply Chain

Transplace

Coronaviruses are part of a strain of viruses that can cause the common cold or other respiratory illnesses, including the SARS outbreak of 2002. International Logistics China chinese exporters Chinese importers Chinese manufacturing chinese ports container detention fees coronavirus global health emergency Lunar New Year ocean vessels port demurrage supply chain world health organizationHow the Coronavirus May Affect Your Supply Chain.

Amazon Takes On the Fashion Supply Chain

Elementum

It has been selling apparel since 2002, and has slowly been making further in-roads to the fashion industry. Add in the fact that Amazon will launch its own delivery and logistics business that will compete with Alibaba, FedEx, DHL, and UPS. Almost anything is available on Amazon—now get ready to wear their clothes. The e-commerce giant recently launched 1,800 fashion products, under seven trademarked brand names, ranging from men's suits to children's apparel to women's clothing.

Supply Chain Redesign: A Conversation with Lennox International’s Keith Nash

Talking Logistics

Last month on Talking Logistics , Adrian Gonzalez, Keith Nash (VP Supply Chain Logistics at Lennox International ) and I discussed “Lennox International’s Complete Supply Chain Redesign.” With Manhattan as our core logistics solution provider for TMS, WM, Labor and Slotting, we’ve been able to transform our supply chain despite the complexity of redesign project. Keith : We’re starting to develop detailed logistics cost-to-serve information to the customer level.

Canadian Ports: A Fast Lane for Asia-U.S. Imports?

Talking Logistics

There was the infamous 11-day shutdown in 2002 , and just two years ago, 800 clerical workers at the ports of Los Angeles and Long Beach went on strike , shutting down the ports for eight days and costing the region’s economy about $8 billion. appeared first on Talking Logistics with Adrian Gonzalez. While the delays at the U.S.

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Shippers Dissatisfied with 3PLs’ Dinosaur Technologies

Supply Chain Collaborator

The third party logistics (3PL) model, while critical to smaller, low-volume shippers, has never been the best option for organizations shipping moderate-to-high volumes of freight. Purveyors of logistics IT solutions have been warning of the shortcomings of 3PL tech for years. The output of recent research confirms the rudimentary logistics IT solutions offered by 3PLs leaves many gaps and much to be desired. .

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Vendor Managed Inventory? Think twice and consider the risks!

Supply Chain View from the Field

Plus it saves us all of the headaches associated with logistics and that other messy stuff… ” The concept of Vendor-Managed Inventory (VMI) is defined as a supply initiative where the supplier assumes responsibility of tracking and replenishing a customer’s inventory. This promotes the daily discussion, communication, and rapid response that is needed to effectively manage delivery, material handling, and logistics in a complex and volatile global environment.

Post-pandemic Supply Chains

Enterra Insights

Tan points out, when the SARS, or severe acute respiratory syndrome, epidemic broke out in 2002 and 2003, “China contributed 4% to the world’s GDP. Nobody could have foreseen what would happen when the world’s second-largest economy went offline and completely shut down external logistics connections. Step 5 : Book logistics capacity as soon as possible.

The worst Supply Chain practices must be confessed and not only by constraint

KEPLER Consulting

2000); Cachon and Larivière (2001); and Zhao (2002)) show that when demand and stock information is shared, this results in a significant reduction in stocks and costs Absence of systematic summary sharing of fixed supplier orders: just like the previous one, the implementation of this communication makes it possible to comfort the supplier about their production and supply plan. Thesis, Northwestern University, 2002.

3 ways supplier diversity in supply chain can positively impact your business

DELMIA Quintiq

Between 1997 and 2002, approximately 50% of growth by all American firms came from minority businesses alone. Kelli Saunders started Morai Logistics Inc,in 2010 as an agent for Mode Transportation, a leading third-party logistics company. Offering a full range of logistics services, the company provides domestic, cross-border (Mexico, US, Canada), and international logistics. More than just charity.

Retail and Sales: Understanding Order Fulfilment

The Logistics of Logistics

Some people describe it merely as the act of distribution and shipping (also called logistics) but this is not always the case. Since 2002 Rodney has been focused on building a World Class Order Fulfilment business not just in Australia, but wordwide. The post Retail and Sales: Understanding Order Fulfilment appeared first on The Logistics of Logistics. Logistics Management Fulfillment fulfiment Logistics order retail sales

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Two Million Vacant Manufacturing Jobs by 2025…How Can We Tackle the Skills Gap?

Cerasis

Insufficient on-the-job training — Over the period from 2002 to 2013, investments in internal training programs such as apprenticeships, company classroom training, and other structured on-the-job skills development for current manufacturing employees were cut from 469,000 to 288,000 (nearly 40 percent). Ultimately, numerous companies found reshoring the most practical solution to overcome extreme unforeseen costs, and logistical and service issues in operating abroad.

Autonomous Supply Chain: Desirable Vision or Silly Daydream?

Enterra Insights

Ravi Prakash Mathur ( @rpmathur ), Senior Director of Supply Chain Management and Head of Logistics and Central Planning at Dr. Reddy’s Laboratories Ltd., Machines are now making predictions on trading stocks, customer purchases, traffic flows, and crime — much as we saw in the 2002 movie ‘Minority Report’ ”[1] When today’s technological wonders are looked at holistically, it was only a matter of time before someone imagined a fully automated supply chain.

The Digital Twin is the Next Big Technology Enabler

Requis

Much later, in 2002, Michael Grieves of the University of Michigan used the concept of “mirrored systems” for a product lifecycle management course , and coined the term “digital twin” in a 2011 book on the topic. There are already plenty of digital twins at work today: Logistics providers use them to track deliveries via location sensors on trucks. With hindsight, some technologies are revealed as not only promoters of progress, but enablers of other technologies.

Still Think Dangerous Goods is Just Paperwork and Labels?

Talking Logistics

The prosecution was brought by [the UK’s Civil Aviation Authority] under the air navigation (dangerous goods) regulations 2002. You also need to break down the silos that exist between dangerous goods, logistics, and sales (among other functional areas) and take a more unified and aligned approach to meeting your corporate objectives. Last September, a jury at Southwark crown court in south London found Amazon guilty of shipping dangerous goods by air.

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New Partnerships

MAVES

For many years we have supported the label requirements of our 3PL clients through our ViewPoint Logistics TM software, specifically using Teklynx integrated barcode solutions. Since our founding in 2002, TRG has provided customers with the greatest return on their original hardware investment. MAVES is now an official business partner and reseller of Teklynx software, allowing us to provide even better label solutions for our Clients.

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Professor Yossi Sheffi on Resilience, Visibility, and Biggest Risks this Holiday Season

Elementum

Dr. Yossi Sheffi is a professor at the Massachusetts Institute of Technology , where he serves as Director of the MIT Center for Transportation & Logistics (MIT CTL). Professor Yossi Sheffi was on a sabbatical in the UK in 2002, when the world was still reeling from the 9/11 attacks. Shippers often face the most stress when it comes to holiday shopping, as the last-mile logistics can be held up by under-capacity or bad weather.

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Load Tracking Now Available in Tailwind TMS with e4score Integration and Partnership

Tailwind

Since 2002, Tailwind has helped thousands of small and mid-sized trucking companies and freight brokerages improve their cash-flow, profitability, and better compete with the big players in the market. e4score specializes in developing bespoke technical solutions for the logistics and transportation industry that automate supply chain processes, remove thorns to ensure compliance, increase productivity and reduce costs.

Seasoned Leadership in Action™! An Interview with Michael Massetti, VP at Gartner!

Supply Chain Game Changer

The biggest career transformation for me was after leaving Dell when I joined Lucent in 2002 and entered supply chain in technology sourcing. It was not until later in the 1980s that the loose federation between planning, purchasing, manufacturing, and logistics started coming together as an end-to-end entity called supply chain. In reality, a few abrupt moves and getting laid off in 2001 by Dell drove a sharp left-hand turn in my career in 2002 that evolved to where I am today.

All The Supply Chain News You Need To Know 2.11-2.15

Aborn and Co.

went out of business in the fall of 2002, according to FreightWaves. billion deal for Ceva Logistics. The French steamship line is aiming to take full control of Swiss-based Ceva Logistics in order to bolster its push towards end-to-end logistics solutions. “By Normal.