Remove 2002 Remove Logistics Remove Procurement Remove Shipping
article thumbnail

History and Evolution of Supply Chain and Logistics

SCMDOJO

In the current era, it is clear that new modes of production are concomitant with new modes of distribution, which advances the field of logistics, the science of physical distribution or even supply chain management. Reminder of Key Definitions – Logistics & Supply Chain Management. What is Logistics and Supply Chain Management?

article thumbnail

This Week In Supply Chain Management Tech April 4 2023

Supply Chain Matters

Accenture Acquires Global Logistics Consulting Firm Flo Group Global based consulting and other services firm Accenture has reportedly acquired European based global logistics consulting services firm Flo Group. The deal reportedly will further enhance Oracle’s logistics software deployment capabilities across Europe.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Realties of Declining Global Trade and Transport Rates More Evident

Supply Chain Matters

Background Global wide transportation and logistics costs increased at unprecedented rates during 2021 and 2022. During 2022, as consumers shifted their physical goods buying patterns away from products and into travel and services, global shipping volumes steadily declined and so did spot rates.

article thumbnail

2024 Predictions for Industry and Global Supply Chains- Prediction One

Supply Chain Matters

As 2024 begins, two of the world’s most critical ocean transit corridors, the Suez Canal , and the Panama Canal are facing threats of shipping disruption as global geopolitical tensions and terrorist threats escalate. Global trade was reportedly set to contract by 5 percent in 2023 compared to 2002, amounting to upwards of $30.7

article thumbnail

5 Tactics for Transforming Your Supply Chain into a Lean, Mean, Green Machine

AFFLINK

In recent years the evolution of the green supply chain or green procurement, have become incredibly popular. Implementing green procurement practices can seem overwhelming. In a related move, UPS, the shipping and logistics company, recently added 700 18-wheeler trucks powered by liquefied natural gas (LNG).

article thumbnail

Logility Receives Supply & Demand Chain Executive’s 2021 Top Supply Chain Project Award

Logility

Yet, the winners on this list continued to re-tool and innovate,” said Marina Mayer, editor for Supply & Demand Chain Executive and Food Logistics. Berlin Packaging brings together the best of manufacturing, distribution, and income-adding service providers. About Supply & Demand Chain Executive. Go to www.SDCExec.com.

article thumbnail

Ocean Ports Lead the Way in Logistics Technology Advancements

Material Handling & Logistics

and its trading partners that ships can carry. million during the period 2002 through 2017. In addition to the challenge of handing increased cargo throughput, the ports must also have the channel depth to accommodate the new deep draft Ultra Large Container Vessel ships and even larger ships currently on the drawing board.