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And now to this week’s logistics news…. Nike Earnings Reflect SupplyChainDisruption Complexities. In 2017, Flytrex successfully launched the world’s first fully autonomous urban drone delivery system in Reykjavik, Iceland, and we covered that initiative in these pages on June 15, 2018.
But before I bring out the lawn mower and tool box, here’s the supplychain and logistics news that caught my attention this week: Mondelez Says Cyberattack Cost it Business (WSJ – sub. AscendTMS Launches Commission System In Logistics TMS Software. Wolters Kluwer Transport Services is acquired by Castik Capital.
I’ve never given a supplychain presentation in Spanish. I’ll be doing both for the first time in a couple of weeks at Seminarium’s Logistics & Operations Conference 2017 (October 18th in Santiago, Chile). Who said transportation and logistics is a dull industry?! I’ve never been to Chile.
The 2017SupplyChain & Logistics EMEA summit & expo was one such opportunity. About three hundred supplychain professionals from various pockets of the world representing manufacturers, retailers, logistics providers, and technology vendors took part in the summit.
Food inflation is a risk from a supplychaindisruption. In the Interos article they stated that the 2017 NotPetya attack on Ukrainian tax reporting software spread across the world in a matter of hours. The attack disrupted ports, shut down manufacturing plants, and hindered the work of government agencies.
Sustainable deep-freeze logistics secure food supply. This logistics expert brings extensive experience from many industries and a broad portfolio of innovative products and solutions. SSI Schaefer has delivered an outstanding project in terms of sustainability in partnership with ORCA Cold Chain Solutions in the Philippines.
and is transforming the $800 billion transportation and logistics industry with its digital freight marketplace platform. Dave Maddox has over 39 years of industry experience, Maddox specializes in SupplyChain & Transportation Sales, with operations management in distribution, supplychain cost improvement and transportation.
However, before we go congratulating ourselves too much, supplychain shortages are still hitting the consumer where it hurts – in their wallet (and their taste buds). In October of 2019, I wrote about the food supplychain being at risk. Avian flu continues to be a thorn in the side of the poultry industry.
Supplychaindisruptions continue to grow at an alarming rate, according to a new study, 2018 EventWatch SupplyChainDisruption Report, by Resilinc. In addition to natural disasters, factory fires continued to be a significant threat to supplychains. .
Target acquired Shipt in 2017 to provide the foundation of its same-day delivery. Business intelligence helps merchants adapt to consumer behavior shifts, like it has helped countless others navigate supplychaindisruptions and other challenges. Ken can be reached at ken.fleming@logistyx.com.
It should come as no surprise, then, that mobile technologies are finding their way into the supplychain. De Bernardini explains, “The information to manage the supplychain will not be generated by desktop devices anymore. This basically virtualizes all the logistics. Footnotes. [1]
According to one survey , only 27% of leaders believe that they have the talent needed to meet current supplychain performance requirements. What should supplychain leaders be looking for to close the talent gap? AGCO Logistics Team Accepts Prestigious SupplyChain Award.
While not completely protecting them from the supply shocks that occurred during the pandemic, it allowed them to respond to their customers with greater speed and agility, manage costs, and provide options when a supplychaindisruption occurred. This involves a lot of long-haul transportation.” Keys to Success.
The companies that had a program to deal with supplychaindisruption were in much better shape than those that didn’t. The news is reporting that supplychains are going to be disrupted this holiday season, so more and more consumers are starting early. The Holiday Season. About Logistyx Technologies.
Logistics Concerns Have Lots of People Thinking About Christmas in July. Two concerns top the list of reasons for this uncertainty: inflation and logistics. This year, logistics challenges could start near the first mile and continue to the last mile. 7] Patrick Burnson, “ SupplyChain Experts Share Analysis on New U.S.
Technology and innovation drove many conversations in the global logistics and supplychain industry in 2017. Those topics reigned among the top posts here on Connect , too—as did posts about managing supplychaindisruption and global shipping projections. Future of Logistics Takes Center Stage.
and is transforming the $800 billion transportation and logistics industry with its digital freight marketplace platform. Dave Maddox has over 39 years of industry experience, Maddox specializes in SupplyChain & Transportation Sales, with operations management in distribution, supplychain cost improvement and transportation.
Technology and innovation drove many conversations in the global logistics and supplychain industry in 2017. Those topics reigned among the top posts here on Connect , too—as did posts about managing supplychaindisruption and global shipping projections. Future of Logistics Takes Center Stage.
Technology and innovation drove many conversations in the global logistics and supplychain industry in 2017. Those topics reigned among the top posts here on Connect , too—as did posts about managing supplychaindisruption and global shipping projections. Future of Logistics Takes Center Stage.
As developments regarding industry supplychaindisruptions continue unabated, businesses now increasingly face the sting of higher supplychain and transportation driven costs impacting the bottom line. The logistics sector inherently has been one of high touch and high friction.
The ”end” they refer to – whether it’s forwarding, fulfillment, or platforms for B2B or B2C sales – remains fairly ambiguous, spanning an acquisition of fashion logistics company HUUB in September 2021 to an investment in rapid fashion production company Unmade. Image via StarAir.dk). Behind the Maersk shift.
In the years leading up to the Covid-19 pandemic, most people paid little attention to supplychain operations. Supplychaindisruptions dominated the headlines. People suddenly understood what had always been true: supplychains shape our lives. Following the outbreak, that all changed.
To look at what risks will affect the supplychain in 2018, Rob Savitsky of AIR Worldwide ( a member of the MIT Center for Transportation & LogisticsSupplyChain Exchange program), wrote a blog for MIT discussing three broad categories of supplychain risk. Natural Catastrophes.
The 2024 hurricane season is expected to be extremely active, with multiple forecasts predicting above-average activity, increasing the potential for supplychaindisruptions. Significant flooding and damage can force logistics companies to find new and longer routes. #3 This can lead to increased freight rates.
The short-term effects of supplychaindisruption have severely impacted all manner of businesses worldwide.”[2] As a result, Elfman reports one of the changes many supplychain managers are implementing is a just-in-case (JIC) approach. ”[2] Elfman, however, is an optimist. Concluding Thoughts.
percent of the country’s total bilateral trade, in the fiscal year 2017-2018 (the latest stats available). These figures indicate the extent of Australia’s exposure to the severe supplychaindisruption being experienced in China, following the outbreak of the Coronavirus epidemic in December. billion (AUD), or 24.4
Major supplychaindisruptions due to weather related incidents are on the rise, and one can’t dismiss these as a “once in a century” event any more. as supplies tighten. A month later (March), many remained offline, and analysts said it could be months more before all are fully back.
Perez-Breva predicted that the retailers would find their best use of cognitive technologies in the area of supplychains. He explained, “There are two areas where a more genuine use of those same tools holds potential for retail: Logistics and turning customer assistance into expert advice and information gathering.
These can be used to develop risk mitigation plans for potential supplychaindisruptions. When a disruption takes place (e.g. Read the complete Continental Mills story in Food Logistics Magazine at [link]. Related Content: White Paper: Are Spreadsheets Sabotaging Your SupplyChain.
Global energy and automation solutions provider, Schneider Electric, sees this move as a foundation of “eco-structure” — the key to a flexible exchange of information across the end-to-end supplychain. It’s no wonder we listed it as our #2 most influential supplychain trend for 2018. The Era of Blockchain.
Supplychaindisruptions are inevitable. Unpredictable consumer behavior, traffic patterns, port behavior, severe weather, natural disasters and labor unrest are all examples of external events that can cause supplychaindisruptions that lead to increased costs and customer service challenges.
. “Resilient supplychains,” he explains, “were able to cope and recover from sudden shocks and disruptions during the pandemic.” ” Probably the greatest unknown factor that will affect supplychain operations is consumer behavior. … Supplychains will have to adapt.
2017 has been an exciting year for the tech industry and holiday shoppers alike. As spending on the holidays continues to grow , retailers and logistics operators have to take special measures to meet the demand. Vendors must be prepared for communication issues, weather-related problems, and supplychaindisruptions.
Numerous articles have been written about the importance and benefits of digital supplychains. Analysts from PLS Logistics note, “A digital supplychain is similar to a typical supplychain, but the foundation is built on web-enabled abilities. 1] Staff, “ What is a Digital SupplyChain?
They explain, “In the wake of supplychaindisruptions due to coronavirus, several experts have reiterated the need to obtain more visibility across the chain. … Obtaining this visibility is considered key to optimizing supplychain efficiency and agility during normal production. ”[2].
Global energy and automation solutions provider, Schneider Electric, sees this move as a foundation of “eco-structure” — the key to a flexible exchange of information across the end-to-end supplychain. It’s no wonder we listed it as our #2 most influential supplychain trend for 2018. The Era of Blockchain.
How this season will compare to 2017—the costliest Atlantic hurricane season on record—is impossible to predict. But strategies to increase supplychain resilience to extreme weather can be quantified with greater confidence.
Even harder to predict can be the impact on transport and logistics during a significant disaster event. 1] Staff, “ Supplychaindisruptions hit record high ,” SupplyChain Quarterly , 10 December 2018. [2] This improved accuracy helps people better prepare for the event. Footnotes. [1]
The last time we compiled a list of supplychain book recommendations was in 2016 in our blog, 6 Books Every SupplyChain Professional Must Read. Back then, the world of supplychain in a pre-covid world looked quite different. Donohue, CEO of the U.S. Chamber of Commerce. #3
from October 2017 and 0.5% Along with solid demand, the tariff war with China has raised concern that producers will face rising prices and supply-chaindisruptions for materials. Excluding food and energy costs, the core PPI readings were also up more than forecast, rising 2.6% from the prior month.
A common theme in the Tier 1 and 2 landscape of supplychain execution management is the desire to “orchestrate and synchronize end-to-end business processes,” and that “warehousing and transportation are notable points of convergence” (source: Gartner 2017 Magic Quadrant for Warehouse Management Systems ).
In 2017, Target acquired Shipt, an on-demand grocery delivery company, establishing it as a grocery and FMCG home delivery partner. The reverse logistics process, too, is a prime target for refinement. The company continued to expand the concept in the years leading up to the pandemic breakout. Good for Amazon, Good for Kohl’s.
Together, these provide enriched data sets that can help managers better understand the dynamics of the procurement process; make decisions related to customer needs, production schedules, logistics and delivery requirements; anticipate upcoming challenges, including shortages and respond quickly to market shifts.” ” Design.
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