Remove 2003 Remove Freight Remove Inventory Remove Transportation

Freight Brokers: Disintermediated or Growth Opportunity by Incorporating Technology?

Descartes

Given the current capacity crunch, and the huge amounts of investment capital pouring into transportation and logistics technology, there is tremendous discussion on how technology innovation will impact the industry and, more specifically, 3PLs. What will be the impact of digital freight on freight brokers? Not only would receiving be streamlined, but companies would also have much greater visibility into real-time inventory, and barcodes were going to die.

Three supply chain lessons for businesses coping with COVID-19

CH Robinson Transportfolio

Despite past lessons from 2003’s SARS outbreak and 2011’s Fukushima tsunami about the hidden weaknesses in their supply chains, companies are challenged to manage logistics concerns stemming from sourcing strategies and risk management. For example, having an accurate assessment of inventory is a given, but it is also critical to understand how restrictions on imports from China and affected countries will impact current inventory and regular shipping cadence.

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The rapid reorientation of supply chains

EFT

Transport links that ran like clockwork suddenly melted away, most notably air freight, and products were stranded in overstretched ports. An agile approach to inventory. A large part of this is “Really looking deeply at our planning and inventory management.”

China 57

The Top Dozen Supply Chain Innovations of All-Time

Operations and Supply Chain Management

The Kiva Robotic Picking System: The idea for the orange AGV-like robots that bring inventory to order pickers was first conceived in 2003 by CEO Mick Mountz, and with the help of some MIT professors Kiva brought the technology to market less than two-years later. 9: 3M’s Transportation Load Control Center: In 1982, 3M, like every other company, had to leave transportation decisions to each plant and distribution center. First Thoughts.