Logistics Viewpoints

JANUARY 26, 2021

This means supply chain and logistics professionals need to distinguish between more frequently purchased products and the slower-moving products customers are willing to wait for. In a study of logistics providers conducted by Fraunhofer IML, only 36% of organizations reported that they had a clear overall plan for digital transformation.

Agile and Lean Supply Chain 268

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Freightos

NOVEMBER 11, 2021

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.

Price Reduction 177

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Supply Chain Matters

JUNE 21, 2022

This week, the Council of Supply Chain Management Professionals (CSCMP) , with sponsors Penske Logistics and consulting firm Kearney , released the 33rd Annual State of Logistics Report to organization members and the industry as a whole. business logistics costs reportedly rose by 22.4 For 2021, U.S. percent to $1.85

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Cathy Roberson

AUGUST 30, 2021

Second-quarter sales at this store were 12% higher than in 2019. Supply Chain Implications Smaller stores typically mean less inventory. As many of these stores are also serving as online fulfillment locations, positioning the right inventory at the right store will be important. The key here is fast. The key here is fast.

Inventory Reduction 109

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Cathy Roberson

AUGUST 2, 2021

As such, my search continues and it may be continuing into 2022 since inventories remain low, shortages in raw materials continue, and overseas delivery delays impact the furniture industry. So far it’s been a good year for many big & bulky last-mile carriers such as XPO Logistics, JB Hunt, and others. to $91 million.

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Freightos

FEBRUARY 28, 2022

trillion dollars in 2021 , up 13% from 2019. The cost of importing a 40’ container from China to the United States West Coast grew 1,000% from $1,800 in 2019 to over $20,000 in September 2021 according to our Freightos Baltic Index (FBX). Accelerated by lockdowns and increases in the consumption of goods, global trade hit $28.5

Negotiating Skills 177

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Freightos

AUGUST 29, 2023

And while a recent analysis shows US retail inventory levels are decreasing , they remain elevated, and, together with slowing sales, will likely push off a significant restocking cycle and freight rebound until mid-2024.Taken America air cargo rates increased for the third consecutive week last week, and at $4.02/kg China – N.

Price Reduction 260

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Freightos

JULY 11, 2023

Combined with still-elevated inventories for many retailers, these estimates also imply expectations for resilient consumer spending through the holiday season. IATA’s latest air cargo demand data show that global volumes fell by more than 5% in May compared to last year and were 7% lower than in 2019. Europe prices at $3.12/kg

Negotiating Skills 156

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Enterra Insights

APRIL 11, 2019

They write, “Many leading logistics companies are harnessing these technologies to fine tune their core strategies like warehouse locations. AI and ML tools also help to enhance real-time decision-making issues like availability, costs, inventories, carriers, vehicles, and personnel.”[3]. ”[3]. ”[5].

Supply Chain Software 100

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American Global Logistics

DECEMBER 7, 2022

We had a hangover from the pandemic: Which led to continued inventory shortages, closures of manufacturing plants in China, congested ports, and underemployment. Cargo planes could not fly out of or into Russia or Ukraine. In 2019, both countries combined exported 25.4% It also led to inventory excesses. of all wheat.

Russia 52

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Cathy Roberson

MAY 19, 2021

As shippers move past COVID-19 related closures, inventory replenishment has become a focus. To satisfy inventory needs, demand for imports has been on the rise since June of last year. billion in 2024, a 60% growth from 2019. “Customers want data,” Ron said.

Modeling 64

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Enterra Insights

OCTOBER 8, 2019

Many industries like manufacturing, agriculture, and logistics have been relying on industrial IoT to optimize their applications by connecting machines and devices. Inventory management. Logistics management. Supply chains can optimize logistics functions with the help of IIoT ecosystems. They are: 1. Asset management.

Internet of things 100

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Intelligent Audit

NOVEMBER 22, 2022

Recent inventory corrections have caused carrier volumes to stagnate, frustrating carriers and highlighting hopes for volume normaliza t ion in 2023. YoY Volume Lapses Worry Air Cargo Companies. A step away from a normal holiday peak season , air cargo volumes and rates have continued to fall.

Turkey 52

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AFFLINK

SEPTEMBER 18, 2019

As we enter the last half of 2019 (and cast our eyes on 2020), there are a number of developments that need to be watched. With unique identifiers, shipments and cargo can be tracked on a transactional level. The entire history of a shipment or cargo can be tracked, with clear hand-off points and accountability. 5G and IoT.

Supply Chain Software 72

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Freightos

JUNE 21, 2023

But those positive signs aren’t translating into a freight volume or rate rebound just yet, with only moderate increases in US import ocean volumes so far as we enter the typical peak season months and a lot of uncertainty surrounding when inventories will run down and consumer resiliency. kg and are 39% lower than last June.

Negotiating Skills 156

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Supply Chain Game Changer

MAY 20, 2020

Meanwhile, the global air cargo volume has dropped significantly, explains Greg Knowler, JOC Senior Editor , “up to 5,000 tons of cargo in air freight from China to the U.S. This is a stunning turn of events as it is the first cargo-only flight for American Airlines in 36 years, carrying medical supplies, mail for U.S.

Freight 56

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Vinculum

NOVEMBER 25, 2021

What do you think happens when there is no proper management of the inventory in the entire process? To maintain e-commerce logistics, one must follow the inventory management, order placement process, storage or warehouse, backend, and front-end management of the e-commerce platform. Increased Logistics Cost.

Philippines 52

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Logistics Viewpoints

APRIL 28, 2023

And now on to this week’s logistics news. A steep, across-the-board decline in imported cargo , exports and empty containers during March dropped volumes at several major ports to levels not seen since before the COVID-19 pandemic. The rooftops of medium and large warehouses built before 2019 could produce 185.6

Material Savings 202

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Resilinc

NOVEMBER 2, 2021

In the race to fill distribution centers and store shelves with inventory for the holidays, some of the world’s largest retailers and ecommerce sellers are jumping ahead of smaller competitors by chartering ships, shifting freight to air, re-rerouting inland shipments, and hiring more staff for distribution centers and other supply chain nodes.

Inventory Reduction 62

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Enterra Insights

SEPTEMBER 3, 2019

blockchain-enabled] contracts could address current processes that are dependent on a lot of paperwork, letters of credit, escrow accounts, multiple currencies, and increasing governmental requirements around visibility into ports of origin, cargo contents, and general supply chain visibility.”[3]. Managing inventory. ”[3].

Supply Chain Planning Software 100

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Cathy Roberson

DECEMBER 16, 2021

According to a 2019 National Retail Federation (NRF) survey , 75% of consumers surveyed expect delivery to be free even on orders under $50, up from 68% a year ago. of net sales, 170 basis points higher than the second quarter of 2019. Year-to-date through November, not seasonally adjusted, non-store retailers’ sales are up 14.4%

Expense Reduction 52

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CH Robinson Transportfolio

APRIL 21, 2021

Right now, cargo is king and leading routing decisions for most airlines. While cargo planes and charters seemed like temporary fixes for shippers in a pinch, they’re quickly becoming necessary for the long term. Even with business travel becoming more viable, it is estimated that business travel will not reach 2019 levels until 2025.

Capacity 46

Capacity Resource Reduction Price Reduction Inventory Reduction 46

Vinculum

MARCH 18, 2021

It includes optimally deploying millimetre wave technology to capture, transport, and rearrange goods, as well as applying other high-tech tools to facilitate logistics processes. The logistics industry is beginning to take advantage of the Internet of Things (IoT), artificial intelligence (AI), robotics, and data analytics.

Warehousing 52

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Gravity Supply Chain

JULY 9, 2020

Leveraging the power of data ensures you not only know where your inventory is but also the status of all the components and products en route from manufacturer to the final destination at any given time. overall environmental/health status of cargo. IoT – The Enabler. This time should be NOW! reduce risks. increase efficiencies.

Real-time Visibility 52

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Cathy Roberson

APRIL 19, 2021

The COVID-19 pandemic resulted in dramatic shifts in volume characteristics for many transportation providers - first in supplying retailers in inventory restocking and direct to consumer and then, along with retail restocking and direct to consumer, supporting manufacturers as facilities reopened during the second half of the year.

Manufacturing Procurement 52

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Locus

SEPTEMBER 24, 2021

Being the busiest time of the year, they are eyeing to make their logistics operations more effective and efficient. Many businesses are still struggling from inflationary pressures on goods and inventory not meeting peak season demand. Ecommerce penetration will continue to increase, more than doubling from 2019 to 23.6%

Modeling 52

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Turvo

OCTOBER 14, 2021

Historically, as evidenced by a 2019 poll by the American Transportation Research Institute, turnover rates in the trucking business are substantially greater than in most occupations (ATRI). Keeping an eye on cargo movement, inventory availability, and location are essential parts of logistics service provider management.

Inventory Reduction 75

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Logistics Viewpoints

JANUARY 20, 2023

And now on to this week’s logistics news. This new system of inventory management will go into effect on March 1, and will replace weekly restock limits that Amazon used for calculating FBA storage. Directors at Amazon agencies and accelerators said that these new changes will help sellers forecast inventory better.

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Kinaxis

JUNE 22, 2016

The CEO of the company behind the test (Hyperloop One) estimates that the system will be transporting cargo by 2019 and passengers by 2021. They might allow companies to carry less inventory – perhaps using Hyperloop to rapidly source whatever parts or raw materials that can’t be 3D printed.

Supply Chain Software 165

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CH Robinson Transportfolio

FEBRUARY 10, 2021

Compared to the 1,382 containers on average lost per year between 2008-2019 as reported by The World Shipping Council, that’s a big jump. Cargo insurance is not a requirement, but as events like vessel accidents are usually outside of the carriers’ liability, insurance can provide added protection for your freight.

Supply Chain Planning Software 68

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Zipline Logistics

MARCH 30, 2021

But that figure still represents a growth of about 8% when compared to 2019. If we stopped bringing in cargo right now, we’d have a month’s worth of work ahead of us,” Port of Los Angeles Executive Director Gene Seroka told Transport Topics. Choose Logistics Partnership to Navigate Freight Market in 2021.

Freight 52

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Logistics Viewpoints

OCTOBER 6, 2023

And now on to this week’s logistics news. They have pushed through annual general rate increases of more than 30% from 2019 to 2024, and are often nearly lock step on pricing. Earle, a National Geographic Explorer, has estimated that Prochlorococcus provides the oxygen for one in every five breaths we take. or UPS Inc.

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ToolsGroup

APRIL 1, 2022

Such measures include communicating with suppliers and customers , using demand shaping to overcome inventory shortages, seeking additional suppliers, and building more onshore facilities. Material Handling & Logistics ). Material Handling & Logistics ). IATA data shows global demand for air cargo markets jumped 3.7%

Material Savings 207

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Zipline Logistics

JANUARY 4, 2022

During the peak of issues off the coast of California, as many as 80 vessels waited to unload cargo destined mainly for retailers. According to some experts , the industry is now short 80,000 drivers, up 33% since 2019. This has exacerbated the domestic logistics market as demand continues to outstrip supply.

Freight 52

Freight Purchasing Skills Procurement Analytics Agile and Lean Supply Chain 52

ThroughPut

OCTOBER 28, 2019

Published October 25, 2019 in Global Trade Magazine. You can’t just turn around a giant cargo ship. Once cargo has shipped, there are no “backsies.” This is why supply chain managers are always stressing over demand forecasts — something that tops the list of most critical inventory management practices.

Saudi Arabia 40

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Material Handling & Logistics

DECEMBER 2, 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. We hope you enjoy this salute to the best of 2018, and we look forward to even more innovations in 2019. Self-Service Logistics.

Supply Chain Design Software 110

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Material Handling & Logistics

DECEMBER 11, 2017

Top 10 Supply Chain Innovations of 2014 : hybrid DCs, 3-D prototypes, location-based inventory system, and more. GEODIS, a third-party logistics provider (3PL), is using exoskeletons to support and protect employees’ backs at its warehouse in Venlo, the Netherlands. Last-Mile Delivery. Media Type. Media Credit. Media Image.

Supply Chain Design Software 101

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