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. Back in 2003, when RFID commercialization was accelerating out of MIT, major retailers announced an initiative that required all suppliers to tag pallet deliveries with RFID.

What the Coronavirus Pandemic Means for Global Supply Chains

Shipchain

One area that is being hit particularly hard by the Coronavirus outbreak is supply chain and logistics, especially when it comes to the territory of travel bans and restrictions. Although initially compared to the SARS outbreak, Coronavirus seems to be hitting much harder and much more quickly than the 2003 epidemic. More industries are dependent on China than ever before, especially when compared to how the global picture looked in 2003.

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10 Ideas for More Efficient & Productive Warehouse Operations

Cerasis

Automated storage and retrieval systems can, for example, increase picking accuracy while yielding better inventory control. Author information Jennie Dannecker Marketing Coordinator at Stanley Vidmar Jennie Dannecker serves as Marketing Coordinator for Stanley Vidmar, where she has also held roles such as Government Marketing Manager and others since 2003. According to the U.S.

Walmart again Raises Chargeback Stakes

Enterra Insights

Reporting on this development, Jennifer Smith ( @jensmithWSJ ) and Sarah Nassauer ( @SarahNassauer ) write, “Looking to cut inventory while meeting e-commerce demands, the retailer wants more of the goods it orders delivered on time and in full. Dan Sanker, president of logistics service provider CaseStack, told Smith and Nassauer, “Companies might have to track 30 major retailers and they’re all changing things.”

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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. Allocate the available capacity and inventory only to products that allow you to achieve your specific objectives during the recovery period.

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. Here are three lessons that the logistics industry can take away from the ongoing pandemic: Lesson one: Evaluate your supply chain design.

How the Terra Acquisition Fits Into the Future Supply Chain

E2open

Campbell Soup was the first company to adopt demand sensing in 2003. Collaboration with retailers becoming automated, enabling cooperative inventory target setting across the value chain to serve more customers with less capital invested in stock. Terra is the industry leader in demand solutions, including demand sensing, inventory optimization and transportation forecasting. Inventory management. Logistics.

How to Stop Disruption in the Supply Chain From the Coronavirus

Veridian Solutions

Many have compared this outbreak to the SARS emergency of 2003. Review available inventory now to make timely reordering decisions for non-perishable products. Regardless of industry, the biggest concern for businesses is that consumers change purchasing habits due to fear of exposure, again challenging logistic networks.

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Supply Chain Disruptions Are New Opportunities – LogiSYM October/November 2020

The Logistics & Supply Chain Management Society

Unlike SARS in 2003, the Covid-19 pandemic has spawned an unprecedented Global health pandemic. It even took authorities some time to recognise the vital importance of warehouse logistics, supply chain continuity, truck drivers and other transport operators.

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

KEPLER Consulting

The inability to provide daily updated data on inventories of raw materials, semi-finished products, and finished products presents two major concerns: The decrease of the WCR for companies, the deployment of a dashboard tailored and user-friendly is essential in order to take charge of the management of a share of its WCR. The failure to review the distribution plan in the light of logistical and commercial constaints in the stores leads to the blind disposal of warehouse stocks.

The rapid reorientation of supply chains

EFT

Supply chain adjustments should have occurred from around 2003 with the disruptions that occurred related to SARS, and a whole series of other potential other disruptions that occurred over the last 20 years, and there's been very limited response to significant disruptions within supply chains.”.

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Refresh Your Supply Chain – Have a Coke and a Smile

Supply Chain Network

In 2003, Coca-Cola enterprises began a five year, $200 million IT plan called Project Pinnacle. As part of this effort, they combined their logistics with the retail expertise of SAP software. The result was improved flexibility of production, as well as better inventory and asset management. Coca-Cola is a globally recognized brand, and the company consistently delivers its products.

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. The LCC is now of course a standard logistics practice today. Louis, with dramatic results in both lowering inventories while increasing in-stock at retail. First Thoughts.

Why Is It So Hard to Find Good Help These Days?

Material Handling and Logistics

TOMPKINS: Sellers today find e-commerce inventory allocation and replenishment to be challenging. WILL: Drone development over the past several years has resulted in a variety of applications and more recently use in the inventory and tracking of items in warehouses. It can scan (inventory) the face of a warehouse location opening but cannot count the product behind the product at the front of the rack opening. The area of most waste was inventory.

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