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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. We hope you enjoy this salute to the best of 2018, and we look forward to even more innovations in 2019. Source ID. Source ID. Source ID. Source ID. Source ID. Source ID. Source ID. Source ID.

Global Trends in Digital Supply Chain - 2018 Review

Abivin

The year 2018 saw the increasing use of advanced technology to give more intelligence to logistics operations. With the end of 2018 approaching, let’s look back with Abivin at some of the most prominent trends in supply chain management. Source In the year 2018, Artificial Intelligence (AI) and Advanced Analytics have evolved into the kind of “can’t do without” technology. But what happens when you can’t process a huge amount of data coming from different sources?

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This Week in Logistics News (August 13-17, 2018)

Talking Logistics

Cass Truckload Linehaul Index (July 2018). I’m curious how the 40 percent reduction in transit time was actually achieved since blockchain doesn’t make cargo ships move through water any faster. With parcel becoming a growing part of virtually every company’s transportation operations, gaining more real-time visibility to delivery status and other metrics is critically important. I’m back from vacation. Well, back physically.

Connect Big Data with Predictive Analytics for Increased Visibility and Control Over Global Supply Chains

Supply Chain Network

percent per year, over 90% of the world’s trade is carried by sea for a total of 23 million tonnes of cargo traveling by ship every day. Shippers, carriers, freight forwarders and third party logistic firms are currently spending millions of dollars in resources on ‘estimating’ important metrics such as container Estimated Time of Arrival (ETAs). And relative to emerging data sources of relevant Big Data on global supply chains, one very interesting new player is Spire Global.

Supply Chain Best Practices: Preparing for the Worst

Elementum

Potential Sources of Disruption. Identifying sources of risk and developing a plan are only part of the story. Establish appropriate metrics that correspond with the steps outlined in your contingency plan. What alternative plants/factories/sources of supply do they have at their disposal? Supply chain disruptions are inevitable, whether resulting from natural disasters, technical failures, worker strikes, or other unforeseen incidents.

Supply Chain Goals: Gracefully Overcoming the Hurdles of Global Sports Events

BluJay Solutions

The 2018 FIFA World Cup soccer championship has drawn millions of sports enthusiasts to Russia. million shipped items and 60 metric tons of air freight.*. For example, bananas can’t be transported by air, because they spoil in the low temperatures and the varying air humidity of the cargo area. Source: [link]. If supply chain is the ultimate team sport, nothing tests the game strategy and teamwork like a worldwide event.

Profitable Agility: Part 2 of Agility and Resilience in Supply Chain Execution

BlueYonder

In a 2018 survey by GEODIS, only 6% of supply chain professionals worldwide believed their companies had achieved supply chain visibility ?

Top 5 features to look for in a Transportation Management System (TMS)

Abivin

By incorporating TMS information with other inner sources of data, such as ERP and WMS or OMS, the businesses can attain approximately real-time visibility into products from purchase through inventory and transportation. For example, the TMS system employed by Transwide Analytics uses visual reports covering key transport metrics to offer a comprehensive performance view, individual carrier score cards, and freight costs. 2018). 2018). 2018).

5 Crucial Software Every 3PL Company Needs To Have

Abivin

When a new order is received, the vehicle route planning schedule is sourced in real time to reallocate mobile fleet resources to optimize operating efficiency, deliver priority service to the most profitable accounts and routes, and also maintain overall customer service objectives. Third is the ability to execute real-time workflow and productivity metrics, access real-time inventory visibility. 2018). 2018). 2018).

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Top 25 3PL warehousing companies in 2020 (by revenue)

6 River Systems

Many metrics can be used to determine the top 3PL warehousing companies, such as company revenue, the number of warehouses, total warehouse square footage , etc. Revenue data is sourced from the companies’ websites and market research platforms such as Macrotrends.

Launching the Freightos Baltic Index (FBX) for Daily Rates

Freightos

As a result, nearly every industry has created on-demand metrics to gauge market performance, hedge risks, and to power intelligent decisions. Sources: FBX and SGX. In April 2018, having observed this inefficiency in the market, Freightos partnered with the Baltic Exchange, an independent, trusted institution with deep experience (dating back to about 1750!) In the digital age, visibility is key. In our digital age, we want to know everything, in seconds. .

New Freight Broker Resource Guides Available from TIA

DAT Solutions

Information contained in the guides is often not available from any other source. Brokers with fewer than 500 employees must comply by April 6, 2018. Carrier Selection Framework - This 80-page guide provides best practices to help freight brokers reduce risk of cargo loss, liability and/or potential fraud when selecting motor carriers. Cargo Claims Framework. TIA/TMSA 2016 Sales & Marketing Metrics Study.

26 logistics professionals reveal the biggest trends in logistics technology

6 River Systems

RFID tags and robotic warehouse systems generate and transmit data that, when combined with other data sources, allow companies to optimize the supply chain and make better predictions and forecasts to improve efficiency and boost the bottom line. These advancements are accelerating thanks to better tools that were created in 2018. They can also be used to track the provenance of adulterated products to identify the source.