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Kristina is the Director of Operations at Bettaway, a privately held, family-owned SupplyChain Services company headquartered in South Plainfield, New Jersey. About Bettaway Bettaway is a privately held, family-owned SupplyChain Services company headquartered in South Plainfield, New Jersey. Bettaway West, Inc.:
Glenn Gooding and Joe Lynch discuss the iDrive Logistics story. Glenn is the President of iDrive Logistics , a national network of top-tier owner operated warehouses for brands and retailers who require the highest level of service with a focus on customer experience.
Blythe Milligan and Joe Lynch discuss CargoRex: building the Google search of logistics. Blythe is t he Founder of both Digital Dispatch (logistics marketing services) and most recently CargoRex, a technology platform designed to unify and empower the logistics ecosystem.
The global supplychain is built on three assumptions: rational government policy, availability of reasonably priced logistics, and low variability. In March 2023, the Global SupplyChain Pressure Index fell to the lowest level since November 2008. Over the past three years, supplychain cycles shifted.
That will be in 2015, after the peak of oil [supply].”. made that prediction in 2008 (see the Barron’s article What $300-a-Barrel Oil Will Mean for You ). I use this example to illustrate the challenges (or, perhaps, the futility) of making supplychain and logistics predictions.
Seventy-one percent of the surface of our “blue planet” is covered by oceans which is also reflected in the fact that 80% of goods are moved via sea transportation within the global supplychain [1]. Marine optimization technologies help address all these issues. Operational Considerations. Cargo transfer requirements.
This fuel surcharge helps offset volatile diesel fuel prices and protect carrier profitability from inflation, supplychain disruptions, regulatory changes and unpredictable tariffs. And if you're working with a third-party logistics (3PL) provider like GlobalTranz , you gain even more leverage. But don't stop at what's posted.
to supplychains and this webinar, hosted by LSCMS President, Dr. Raymon Krishnan had panelists Timothy Tan, Head, Enterprise Business IT and Mobile at Samsung Electronics and Ian Chong, Regional Director and. the entire supplychain when adopted and deployed correctly. supplychain models, are many.
On the ground and in person with supplychain industry professionals networking and learning in a safe environment. Nathalie pointed out during the panel discussion, that it is beneficial to consider how automation or mobile solutions implemented can future-proof businesses, particularly in today’s uncertain business climate.
Gaurav is the Founder and CEO of Velostics , a logisticsSoftware-as-a-Service (SaaS) company specializing in unified scheduling of appointments, dock and yard management and digitizing the gate in/out process for shippers.
For the past five years, the team at SupplyChain Insights identified SupplyChains to Admire Award Winners by analyzing performance by peer group on the key metrics of growth, operating margin, inventory turns and Return on Invested Capital (ROIC). In 2018, Rockwell Automation won the SupplyChains to Admire Award.
However, if they take a closer look, they will find that there are significant benefits to supplier diversity – not only for suppliers and their supplychains, but also for their business. She said, “Supplier diversity is no longer a business catch phrase; it is a fundamental element of supplychain management.
Supplychains are particularly vulnerable during recessions. These disruptions can occur due to decreased consumer demand, supplier instability, or logistical challenges. Consequently, it is imperative to develop a recession-proof supplychain to make them more resilient and adaptable.
Gaurav is the Founder and CEO of Velostics , a logisticsSoftware-as-a-Service (SaaS) company specializing in unified scheduling of appointments, dock and yard management and digitizing the gate in/out process for shippers.
Whether by air, land, or ocean, supplychains over the last few months paint a picture of rapid fluctuations. And, through it all, logistics providers keep critical goods moving. All this means that available supply and demand can shift too quickly for anyone to keep up. Ports open and close. LEARN MORE.
For the past five years, the team at SupplyChain Insights identified SupplyChains to Admire Award Winners by analyzing performance by peer group on the key metrics of growth, operating margin, inventory turns and Return on Invested Capital (ROIC). In 2018, Rockwell Automation won the SupplyChains to Admire Award.
More Resources Home Innovative Synergies: Logistics Tech Lessons from Other Industries Judah Levine May 23, 2024 Though the logistics and supplychain industry has made and continues to make a lot of progress in its digital transformation, it has a reputation for being part of the late majority or even a laggard in terms of digitalization.
Doug is the CEO of Echo Global Logistics , a leading provider of technology-enabled transportation and supplychain management services. Doug Waggoner has served as Chief Executive Officer of Echo Global Logistics since December 2006 and was a Board member from 2008-2021. About Echo Global Logistics.
Blythe Brumleve and Joe Lynch discuss the state of logistics podcasting. They talk about the growing popularity of podcasts in the logistics industry and how podcasting can be a helpful tool for professionals to stay up-to-date on industry trends and insights.
And now on to this week’s logistics news. Amazon has announced that it plans to develop new technology for its autonomous delivery vehicles in Helsinki, Finland. The engineers will begin by developing 3D software to emulate the “complexities of real life.” It will be interesting to watch the games unfold in silence.
Oracle Brings Extreme SupplyChain Performance to Customers with New In-Memory Application. Infor Simplifies SupplyChain Demand Planning. New Vehicle Routing Activity Tool and Enhanced iPhone Functionality, Highlight Latest Version of Roadnet Transportation Suite. Ryder Reports Second Quarter 2013 Results.
I thought I understood all the major supplychain implications of the pandemic until I began reading Yossi Sheffi’s new book The New (Ab)Normal: Reshaping Business and SupplyChain Strategy beyond Covid-19. The potential supplychain impacts of this conflict dwarf any other supplychain news that might be reported.
Supplychain excellence is easier to say than to explain. Executive teams strive to drive improvement in supplychain results; yet, sadly, only four percent of public companies succeed. The supplychain is a complex non-linear system. Now, I view the company as a supplychain laggard.
Disrupted Logistics in SupplyChain Over the last four to five years, we have experienced disrupted logistics—broadly defined here as the interruption or complete breakdown of the supplychain functions at one or multiple levels. In March 2022, the United States had a record-high 8.1
We have exciting news at Freightos – we’re proud to announce that we’ve acquired WebCargoNet , a leading logisticstechnology provider. In many respects, this should be a good time for the logistics industry. And yet, logistics providers are challenged by rising shipper expectations and dropping margins.
Selecting a SupplyChainTechnology Provider is Harder than it Seems. The logistics industry globally is more competitive, volatile, uncertain and interconnected than ever. Having the right transportation technology can improve everything from route efficiency to supplychain sustainability.
The Federal Reserve has put the brakes on spending in the US in a bid to control inflation, raising the prospect of a recession that could be more prolonged than the painful economic downturn that followed the financial crisis of 2008.
John Gillespie and Joe Lynch discuss the grocery & produce supplychain. John is the Chief Technology Officer at MegaCorp Logistics , an award-winning logistics firm with remarkable growth based on their superior service.
Logistics is in Nicole’s DNA having held several operational positions for a variety of transportation brokerage companies over the years. In 2008 Nicole moved to the sales side of the business, working her way up to president of K & L Freight Management, Inc., and in 2016 became head of Cherry Logistics Corporation.
A beautiful woman passed away this morning, my wife’s aunt who we all loved, so I will be brief with my comments about this week’s supplychain and logistics news. Logistics in Transition: U.S. Business Logistics Costs Slow Considerably with 2.6% HighJump Adds SupplyChain Analytics to Enterprise Software Suite.
Reimagining the Food SupplyChain with Eric Ristow and Luis Pajares. Eric Ristow , Luis Pajares , and Joe Lynch discuss reimagining the food supplychain. Eric Ristow serves as Vice President of Product and Application Management at Lineage Logistics. About Lineage Logistics. About Eric Ristow.
Reimagining the Food SupplyChain with Eric Ristow and Luis Pajares. Eric Ristow , Luis Pajares , and Joe Lynch discuss reimagining the food supplychain. Eric Ristow serves as Vice President of Product and Application Management at Lineage Logistics. About Lineage Logistics. About Eric Ristow.
Will the supplychain ever catch a break? With every link of the supplychain impacting businesses both large and small, keeping up with the globally disrupted supplychain evolution is a recipe for whiplash. Raw Material Shortages Are Affecting a Challenged SupplyChain.
Blockchain technology is revolutionizing the way businesses manage their supplychains. By providing a secure and transparent way to track products from their origin to their final destination, blockchain for supplychain can help increase efficiency, reduce costs, and improve trust between suppliers and customers.
Menlo Continues its Support of Degree Course in SupplyChain Management. The company’s Menlo Worldwide Logistics group reported revenue of $380.5 It’s interesting how companies refer to money spent on employees as “costs” while money spent on technology are “investments.” million, up almost 21 percent from Q3 2012.
Google did not acquire a third-party logistics (3PL) company or a logisticssoftware vendor. And more companies are treating SupplyChain Design as a continuous business process instead of a standalone project or a once-a-year exercise (see SupplyChain Design: Growing Scope, Community, and Collaboration ).
There are tens of thousands of books about logistics and supplychains. Amazon has 31,817 books about supplychain and 24,934 about logistics. That’s 56,751 supplychain and logistics books. Why this SupplyChain & Logistics Book List Rocks.
I have long argued that third party logistics providers (3PLs) should set themselves apart from the competition by fully harnessing the power and value of their customer and employee communities. Walmart SupplyChain and Transportation Trends for 2015. Sustainability and Green Initiatives in Transportation and Logistics.
But spiking rates led many ocean carriers to skyrocketing profits while the drop in trade volumes led to bankruptcies, bailouts, and financial pain for most other parts of the logistics industry. It starts back in 2008. There are likely multiple factors for the rise: More PPE started moving by ocean as supplychains stabilised.
For most companies with supplychains to manage, the holiday season from Halloween through New Year’s Eve is an incredibly busy time. Three Disruptive Forces Impacting Logistics. Following the Great Recession of 2008, unemployment rates have been steadily decreasing, currently resting at 3.7% Bureau of Labor Statistics.
As part of LogiSYM Asia Pacific 2022, we had the opportunity to chat with Vittorio Favati, Chief Executive Officer – TVS SupplyChain Solutions GFS. He also went on to share what he sees as the five key changes making a global impact to supplychains today and gave advice for those working in or considering a career in our industry.
But spiking rates led many ocean carriers to skyrocketing profits while the drop in trade volumes led to bankruptcies, bailouts, and financial pain for most other parts of the logistics industry. It starts back in 2008. . There are likely multiple factors for the rise: More PPE started moving by ocean as supplychains stabilized.
The latest Master of Logistics 20 th Annual Study of Transportation and Trends Study reports that in 2011 the highest percent of transportation costs was ground freight at 76.1%, of which US long haul trucking holds a major position at 64.4%. In 2008, the rate reached a high of $2.50/mile appeared first on The Logistics of Logistics.
In the past, supplychain professionals are trained to handle the service issues through a planning of inventory , service level and after-sales operations. From the information technology perspective, Customer Relationship Management (CRM) get the highest attention. However, the origin of CRM is pretty unclear.
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