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Top 10 Supply Chain Innovations of 2018

Material Handling and Logistics

After a year full of more scandals, indictments, political contentiousness, workplace violence, school shootings and natural disasters, maybe it’s time we all took a collective breath and focused on some of the positives that came out of 2018. Thanks to omni-channel distribution, 3-D printing, self-service logistics and other avenues of disintermediation, traditional supply chain roles are rapidly being transformed into all-new opportunities. Self-Service Logistics.

The Top 5 Changes That Occur With AI in Logistics

Cerasis

There’s no other way to describe it: Artificial Intelligence (AI) is revolutionizing the world of logistics. Here are the top five ways in which Artificial Intelligence is transforming the logistics industry as we know it: 1) Predictive Capabilities Skyrocket When AI in Logistics is Implemented The capabilities of AI are seriously ramping up company efficiencies in the areas of predictive demand and network planning. Logistics

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This Week in Logistics News (June 11-15, 2018)

Talking Logistics

In the meantime, here’s the supply chain and logistics news that caught my attention this week: Home Depot Sets $1.2 Driver pay has surged so far in 2018, NTI reports, with gains expected to continue (CCJ). Capstone Logistics acquires LoadDelivered, Logistical Labs (CCJ). beefs up security of air cargo imports (American Shipper). The post This Week in Logistics News (June 11-15, 2018) appeared first on Talking Logistics with Adrian Gonzalez.

This Week in Logistics News (May 7-11, 2018)

Talking Logistics

My wife often jokes that she is the VP of Supply Chain and Logistics in our family. Moving on, here’s the supply chain and logistics news that caught my attention this week: Uber teams with NASA to make flying cars a reality (CNN). Full block train, single or multiple containers, LCL shipments and oversized cargo are available options. The post This Week in Logistics News (May 7-11, 2018) appeared first on Talking Logistics with Adrian Gonzalez.

E-Commerce and TMS: The Role of Transportation Technology for Shippers to Kill It at E-Commerce

Cerasis

By 2020, the value of B2B e-commerce will surpass $1 trillion, and manufacturers, distributors, retailers, reverse logistics managers, third-party freight brokers and logistics services providers are working to keep up with the trend. E-Commerce Is Spurring Record Growth in Logistics E-commerce has made it impossible to meet the status quo with traditional technologies, and still, some shippers have not yet implemented e-commerce and TMS solutions.

E2open to Acquire INTTRA, Adding the World’s Leading Ocean Shipping Network and Software Provider, Creating an Integrated Global Supply Chain and Logistics Operating Network

E2open

MONDAY 22 OCTOBER 2018. E2open to Acquire INTTRA, Adding the World’s Leading Ocean Shipping Network and Software Provider, Creating an Integrated Global Supply Chain and Logistics Operating Network. Combination of E2open and INTTRA forms the Global Logistics and Supply Chain Network with Access to World-Wide Ocean Container Capacity and information. The transaction is expected to close by year end 2018 after receipt of regulatory approval.

How To Keep Your Supply Chain Moving Fast as Fuel Costs Rise

Elementum

by the end of 2018. Companies like XPO Logistics and Old Dominion Freight have implemented a general rate increase of 5.9 Logistics providers also investing in new equipment. Manufacturers of everything from clothing and food to construction equipment are shipping more cargo than usual. To optimize inventory and storage, identify and eliminate open spaces to make use of available floor-space and increase storage density.

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Supply Chain Transformation: Not Just Digital, But Physical Too

Talking Logistics

The aim is to pare what Target calls its replenishment cycle from days to hours and reduce inventory at stores, especially at the retailer’s new small-format stores and locations in denser urban areas. also uses the same pool of inventory to replenish stores and fulfill online orders, a departure from Target’s existing supply chain.”. UPS : The need to physically transform supply chain networks is also impacting logistics service providers.

The Top 5 Impacts of Artificial Intelligence (AI) in Logistics!

Supply Chain Game Changer

There’s no other way to describe it: Artificial Intelligence (AI) is revolutionizing the world of logistics. Here are the top five ways in which Artificial Intelligence is transforming the logistics industry as we know it: 1) Predictive Capabilities Skyrocket When AI in Logistics is Implemented. In general, the predictive analytics solutions in logistics and supply chain are on the rise. SCM #SupplyChain #technology #logistics #freight #AI #artificialintelligence.

Can Blockchain Really Make Supply Chains More Transparent and Ethical?

Enterra Insights

Loss of inventory in the food industry due to perishable items. Difficulties of managing paper work and different logistical touchpoints in a multi-party transaction between jurisdictional authorities and vendors. For example, Christopher Tang reports blockchain solutions are being developed for ocean cargo to help make operations more efficient.[3]

The Digital Transformation Journey: The Alignment of Industry, Company, and Technology

Talking Logistics

Inventory stockpiling is starting to occur based on prices and supply/demand curves. Logistics is a whole other ballgame. Ports are having to off-load cargo onto the new mega-ships offshore from multiple smaller ships because they don’t have the capacity to handle the bigger vessels. Companies looking to contain logistics costs have to use creative solutions, like digital technologies to overcome price increases and capacity shortages.

This Week in Logistics News (April 9-13, 2018)

Talking Logistics

Earlier this week at MODEX 2018, the company announced the release of Locus Robotics Advanced Navigation 3.0 ” I look forward to seeing these robots in action and learning more about this technology, which is becoming increasingly important as e-commerce continues to grow rapidly and labor availability and costs become more challenging, especially for logistics service providers. Geodis warehouse inventory takes off with drones (Air Cargo News).

Supply Chain Sins, Fallacies, and Mistakes

Enterra Insights

businesses annually spend over one trillion dollars on logistics and ensuring none of that spend is wasted is good for all stakeholders. Surrett explains, “When shipping documents misreport significant attributes of cargo, the resulting inaccurate or false billing can prompt additional carrier charges. Inventories tend to sit on the books, working capital suffers, and companies are left with difficulties in moving product.”

Supply Chain Risks Come from All Sides

Material Handling and Logistics

cargo ship Peak Pegasus made its way toward the port of Dalian with a load of soybeans. The Peak Pegasus and its $20 million cargo of soybeans continued to drift off the Chinese coast until mid-August , at a cost of about $12,500 each day it sat idle. Sometimes it is done in a supplier portal or managed by a logistics provider, but rarely is visibility comprehensive. How technology can help increase visibility and reduce paperwork.

Omnichannel is another Word for Complexity

Enterra Insights

David Egan, head of industrial and logistics research in the Americas for the CBRE Group, told Burnson, “These mega-facilities serve as the backbone of retailers’ fulfillment networks, distributing goods across multi-state regions. ” Burnson goes to note that e-commerce is having an impact on air freight hubs, maritime cargo, middlemen, and intermodal operations. Reverse logistics adds another layer of complexity (and a few more cogs) into the omnichannel machine.

Some Supply Chain Management Principles are Timeless

Enterra Insights

It still takes a long time for cargo ships to transit the vast expanses of ocean. Failures in cold chain logistics can still cause spoilage. Inventories still need to be stored. Prepare for the worst but proactively limit your risk through second sourcing, auditing environmental and social compliances, and creating inventory plans that ensure continuity. 1] Rich Weissman, “ Supply and demand still rule supply chains ,” Supply Chain Dive , 5 February 2018.

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23 logistics professionals share the #1 way to reduce logistics costs

6 River Systems

According to the 30th Annual State of Logistics Report by the Council of Supply Chain Management Professionals (CSCMP), companies spent $1.64 trillion on logistics and transportation services in the United States in 2018, an increase of 11.4%

Navigating Ongoing International Transportation Capacity Challenges

Talking Logistics

Import space out of Asia to the US continues to be tight, and thanks to positive retail sales, retailers are having to quickly restock to ensure they have enough inventory. That means communicating early and often with logistics providers about container space needs due to capacity constraints caused by the carrier restructuring and heavy retail season. International transportation is dealing with ongoing challenges of tighter capacity.

Seeking Logistics Perfection

Enterra Insights

Logistics professionals could adopt that statement as their motto. Half-a-decade ago, Apptricity analysts wrote, “In the world of supply chain and logistics management, perfection remains an elusive goal. ”[1] Between then and now, logistics has become a focal point in today’s e-commerce environment; but, the perfect order remains the elusive ideal. “Logistics companies cannot afford not to be innovative,” he explains.

Bringing Augmented Reality to Supply Chain

Elementum

After all, new technologies impact almost every industry, and logistics is no exception. Supply chain management (SCM) involves the flow, storage, and delivery of goods, services and inventory for consumers. Transportation Optimization - Logistics technologies have evolved to become more efficient and secure in delivery. Scanners and sensors can help logistics companies and corporations scan and document errors, damages, and product issues for regulations and compliance.

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New Savi IoT Sensors Reduce Theft and Diversion of Sensitive Cargo While Supplying and Protecting Troops

Savi

It has evolved the standard for active RFID (aRFID) communications globally and has been extremely successful in enabling military logisticians to use active RFID tags, readers and software to catalog, inventory and track the DoD and allied military supply chain worldwide. As military missions change, so must the logistics systems and tools used to support the warfighter.

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A convincing industry approach: SupplyOn’s Rail Community boosts the efficiency of the railway industry

SupplyOn

SBB relies on RailSupply to significantly improve efficiency in purchasing and procurement logistics. The Swiss Federal Railways (SBB), with around 34,000 employees, a transport network of over 3,000 kilometers and almost a half billion passengers per year, is the national railway company of Switzerland, consisting of the four divisions Passenger Transportation, Cargo, Infrastructure and Real Estate.

The Ultimate Global Shipping Guide: Everything You Need to Know

CH Robinson Transportfolio

As POs come in, the provider calculates the dates for cargo to be picked up and continues to verify as the delivery dates approach. If your cargo needs to cross oceans or extremely long distances, your most likely choice will be air freight or ocean shipping. Consolidated : As with other types of consolidated shipping , consolidated air freight combines your cargo with other shippers’, so you only pay for the space you need.

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The Ultimate Global Shipping Guide: Everything You Need to Know

CH Robinson Transportfolio

As POs come in, the provider calculates the dates for cargo to be picked up and continues to verify as the delivery dates approach. If your cargo needs to cross oceans or extremely long distances, your most likely choice will be air freight or ocean shipping. Consolidated : As with other types of consolidated shipping , consolidated air freight combines your cargo with other shippers’, so you only pay for the space you need.

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Internet of Things and your Supply Chain

Aborn and Co.

For the sake of explanation, we’ll call the internet you’re using right now – and for every episode of Consulting Logistics – the Internet of People. As of 2017, eight billion ‘things’ connected to the internet and that number is projected to rise to eleven billion by 2018. Inventory –.

Smart Strategies for Saving on Freight in 2019

Aborn and Co.

It’s a fact: shippers who have been playing the spot rate market in 2018 have been paying more for freight than at any time in 2017. or simply search your favorite podcast player for Consulting Logistics Normal. false. false. false. EN-US. X-NONE. X-NONE.

26 logistics professionals reveal the biggest trends in logistics technology

6 River Systems

Logistics can be traced all the way back to the Greek and Roman empires , but it’s undergone several major transformations as new technologies provide opportunities to more efficiently manage the movement and storage of goods. In the digital transformation age, logistics is once again undergoing a major shift. These technologies also contribute to a rise in big data and analytics in the logistics field. ” Meet Our Panel of Logistics Pros: Brian Jessup.

Global Vendor Management: What It Is & Why It’s Essential for Your Shipping Strategy

CH Robinson Transportfolio

Even the most expert logistics professionals struggle in those instances. come in, the provider calculates the dates for cargo to be picked up and continues to verify as the delivery dates approach. That means the company never handles the shipments, or has to put them into inventory or reship the freight. Consider this: global sourcing, manufacturing, and sales are advancing rapidly, leaving technology providers in the tough position of playing catch up.

Supply Chain And Logistics Trends That Could Be Big In 2020

Logistics Bureau

Rob O’Byrne makes an early start with his round-up of supply chain and logistics trends that might make industry headlines in the coming year. His observations include trends in first and last-mile logistics, and the increase in SMEs entering global markets. 2020 Supply Chain and Logistics Trends: What’s Around the Corner? I was a little late getting started in 2018, and we were already into 2019 when I got round to publishing my usual trends article.

Solving the Retail Supply Chain Challenge: Future-Proof Your Warehouse Strategy

FLEXE

Last month, we attended the 2018 D3 Retail Summit in Brooklyn, put together by eyefortransport (EFT). As supply chain and logistics become increasingly important for eCommerce success, retailers and brands are turning to new B2B solutions to meet demands and thrive. Structural flexibility: that’s one of the things I want to talk about with respect to how do you potentially future-proof your warehousing or your logistics network.

This Week in Logistics News (March 4-8, 2019)

Talking Logistics

And with that, here’s the supply chain and logistics news that caught my attention this week: Walmart Toughens Delivery Demands for Suppliers (WSJ – sub. The thing that makes supply chain and logistics so exciting and frustrating and challenging is that just when you think you’ve figured something out or have it under control, the world changes on you. P&G and Wayfair: More Shippers Taking Direct Control of Logistics Operations.

This Week in Logistics News (December 31, 2018 – January 4, 2019)

Talking Logistics

In the meantime, here’s the supply chain and logistics news that caught my attention this week: Amazon serves up 1 billion items through Prime over holidays (The Mercury News) Swamped With Inventory, U.S. req’d) [Former Waymo engineer] forms new self-driving truck biz (CCJ) Toys and televisions litter island beaches after cargo ship loses containers (Dutch News). Happy New Year! I hope everyone had a fun and relaxing holiday. How did I spend my time off?

Clear Sailing for Ocean Carriers in 2018 — If They Don’t Blow It

Supply Chain Brain

The World Trade Organization’s latest release of its World Trade Outlook Indicator shows merchandise trade volume experiencing above-average growth in early 2018. Similar bottlenecks at inland points threaten to slow the movement of cargo and choke off growth. Yin described 2018 as “a year of recovery and mild adjustment,” while citing Nobel Memorial Prize-winning economist Richard Thaler’s observations about the limits of rationality as a factor in human decision-making.

36 innovative companies re-inventing and rethinking supply chain and logistics

6 River Systems

The world of supply chain and logistics is changing every day. Each one is featured as having done something unique to reinvent their supply chain and logistics. In higher-traffic markets, Advance Auto Parts has “hub” stores that keep more inventory in-stock to give customers what they need when they need it. Bare Necessities @barenecessities Walmart has been busy expanding its portfolio, acquiring intimates brand Bare Necessities in October 2018.

5 Advantages of Shipping LTL Freight

Aborn and Co.

Every shipment you send out frees up space for new inventory within your warehouse. Not only does this allow for a lean process flow within your warehouse, but it also allows the consignee to purchase in shorter cycles while reducing their own inventory. Normal. false. false. false.

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